A Community Facilities District (or CFD) is a special taxing district which can be created by a city under Arizona State Law. The purpose of a CFD is to help finance the construction, operation, and maintenance of public infrastructure such as sewage systems, water systems, drainage and flood control, roadways and traffic control systems, and other improvements that benefit all residents of the district.
Community Facilities Districts
Community Facilities District Usage in Arizona
The Arizona Community Facilities District Act became effective in 1988 with Title 48 of the Arizona Revised Statutes. Many Arizona communities such as Scottsdale, Surprise, Peoria, Buckeye, Mesa and Goodyear have utilized CFDs to finance the installation and maintenance of infrastructure for specific communities.
How CFDs Build Communities
Creation and use of CFD’s to finance public infrastructure is generally brought forward by a Developer for consideration by the City early in the development stage of a new community. The bonds associated with the CFDs are the responsibility of property owners, so as a community develops, the responsibility for payment of that debt shifts from the developer to the home owner as it is the property owner who benefits from the public infrastructure improvements. CFDs will appear under the Special District section of your Maricopa County property tax statement.
A Note About Special Purpose Districts
Community Facilities Districts were formed for the purpose of acquiring and improving public infrastructure in specified land areas. As special purpose districts and separate political subdivisions under the Arizona Constitution, the Districts levy taxes and issue bonds independently of the City. Property owners in the designated areas are assessed for District taxes and thus for the cost of operating the Districts. Although the City Council serves as the Board of Directors for each independent district, the City has no liability for the debt of any District, nor does any other district have any liability for another district.
Verdin CFD
Council District: 2
Village: Desert View
Propert Location (Acreage): Verdin consists of approximately 473.25 gross acres in northeast Phoenix, south of Sonoran Desert Drive between the 16th and 24th Street alignments
Status: Active
July 1, 2024
July 12, 2024
February 7, 2024
October 18, 2023
Park Central CFD
Council District: 4
Village: Encanto
Propert Location (Acreage): The CFD is located on the Park Central Mall site generally bounded by Osborn Road to the North, Central Avenue to the east, Catalina Drive to the south and 3rd Avenue on the west.
Status: Active
June 12, 2024
May 15, 2024
June 14, 2023
May 31, 2023
August 31, 2022
July 21, 2022
June 1, 2022
June 16, 2021
June 2, 2021
December 16, 2020
September 2, 2020
June 17, 2020
June 3, 2020
September 18, 2019
August 28, 2019
May 1, 2019
March 20, 2019
- Notice
- Packet
- Results
- Minutes
- Resolution 2