Sedona Summit 2 and Fairfield CFDs adopt tentative FY24–25 budgets; Summit funds to restore Ranger Station interior

Board Chair Scott Jablow called a joint meeting of the Sedona Summit 2 Community Facility District and the Fairfield Community Facility District to order May 28 and read the public-meeting notice required by state law.

A finance staff member told the boards that, under the districts’ legal restrictions, CFD funds must be used for capital improvement projects and that the districts have historically used the money for parks. “We legally, we have to use the funds for CIP projects, and historically, we've always, used them for parks,” the finance staff member said, and added that for fiscal year 2024–25 the Summit CFD allocation will be used for the Ranger Station Park buildout and that 100% of the Summit allocation will pay for interior restoration of the Ranger Station house and barn.

The presenter named dollar amounts for the two districts’ tentative budgets: $60,000 for the Sedona Summit 2 CFD and $65,000 for the Fairfield CFD — a $5,000 difference the presenter noted during the discussion.

The boards handled routine business before considering the budgets. Directors moved and approved minutes from the Aug. 8, 2023 meeting for each district.

The board opened the required public hearings on the tentative budgets and, seeing no members of the public present, closed the hearings. A director moved to adopt Resolution 2024-01 approving the Sedona Summit 2 CFD tentative budget for fiscal year 2024–25 and authorizing publication of the notice of public hearing; the motion received a second and passed by unanimous voice vote. The Fairfield CFD followed the same process: the public hearing was opened and closed with no public comment, a director moved to adopt Resolution 2024-01 approving the Fairfield CFD tentative budget for fiscal year 2024–25, and the motion passed by unanimous voice vote.

The meeting adjourned; the chair announced the next meeting at 4:30 p.m.