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Budgets

3 Mesa community facilities districts funded

Million-dollar budgets approved for Cadence, Eastmark 1, 2

The budgets for Mesa’s three community facilities districts — $9 million for Cadence, $33 million for Eastmark No. 1 and $8.6 million for Eastmark No. 2 — have been approved for fiscal year 2022-23.

Secondary property tax rates of $4.15 per $100 of net assessed limited property value — $3.85 for debt service and 30 cents for operation and maintenance expenses — have also been approved for each district.

Mesa City Council, which makes up the boards for all three, approved the final budgets and property tax rates June 30, with board member Francisco Heredia absent.

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