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The dollars and cents fueling 3 Mesa community facilities districts

Council approves million-dollar budgets

The budgets for Mesa’s three community facilities districts — $5.5 million for Cadence, $30.7 million for Eastmark No. 1 and $8.5 million for Eastmark No. 2 — have been approved for fiscal year 2021-22.

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.

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