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HomeMy WebLinkAboutRes 2023-14RESOLUTION 2023-14 A RESOLUTION OF THE MAYOR AND COUNCIL OF THE TOWN OF FOUNTAIN HILLS, ARIZONA, SETTING FORTH THE TENTATIVE BUDGET AND ESTABLISHING THE MAXIMUM BUDGET AMOUNT FOR THE TOWN OF FOUNTAIN HILLS FOR THE FISCAL YEAR BEGINNING JULY 1, 2023, AND ENDING JUNE 30, 2024 RECITALS: WHEREAS, pursuant to the provisions of the laws of the State of Arizona, the Mayor and Council of the Town of Fountain Hills (the "Town Council") are required to adopt a budget for each fiscal year; and WHEREAS, in accordance with ARIz. REV. STAT. § 42-17102, the Town Manager has prepared, and filed with the Town Council, the Town Manager's budget estimates for the fiscal year beginning July 1, 2023, and ending June 30, 2024. ENACTMENTS: NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF FOUNTAIN HILLS, as follows: SECTION 1. The recitals above are hereby incorporated as if fully set forth herein. SECTION 2. The statements and schedules attached hereto as Exhibit A and incorporated herein by reference are hereby adopted as the Town's official tentative budget for the fiscal year beginning July 1, 2023, and ending June 30, 2024, including the establishment of the maximum budget amount for such fiscal year in the amount of $43,057,708. SECTION 3. Upon approval of the Town Council, the Town Manager or designee shall publish in the official Town newspaper once a week for two consecutive weeks (i) the official tentative budget and (ii) a notice, in the form attached as Exhibit B and incorporated herein by reference, of the public hearing of the Town Council to hear taxpayers and make tax levies at designated times and places. The notice shall include the physical addresses of the Fountain Hills Town Hall, the Fountain Hills branch of the Maricopa County Library and the Town website where the tentative budget may be found. SECTION 4. The Town Manager or designee shall, no later than seven business days after the date of this Resolution, (i) make available at the Fountain Hills Town Hall and the Fountain Hills branch of the Maricopa County Library a complete copy of the tentative budget, and (ii) post the tentative budget in a prominent location on the Town's website. SECTION 5. The Mayor, the Town Manager, the Town Clerk, and the Town Attorney are hereby authorized and directed to take all steps necessary to carry out the purpose and intent of this Resolution. PASSED AND ADOPTED BY the Mayor and Council of the Town of Fountain Hills, Arizona, this 2"d day of May, 2023. FOR THE TOWN OF FOUNTAIN HILLS: REVIEWED BY: ATTESTED TO: Linda Mendenhall, Town Clerk APPROVED AS TO FORM: Rachael Goo .vein, Interim Town Manager - ar n . Arnso�5r , PFerce Coleman PLLC Town Attorney EXHIBIT A TO RESOLUTION 2023-14 [Tentative Budget] See following pages. Official Budget Forms Town of Fountain Hills Fiscal year 2024 3/22 Arizona Auditor General Official Town Budget Forms Town of Fountain Hills Summary Schedule of estimated revenues and expend0ures/expenses Fiscal year 202O Fiscal year h Funds Omani NM SMdry at BMIN Fund Debt SWAG Eland CeplIal Pmish NMI Permanent Find Internal 8MNea FunFun& Total S Sunda GdYPd- Finds Megible 2023 Adopted/adjusted budgeted expenditures/expenses' E 1 17,796,105 20,448,481 15,560 6,709.040 0 0 1,133,XO 48,142,488 2023 Actual egMAINANipensn" E 2 18,028,312 4,634,351 13 2,993.001 0 0 75,726 23,731,403 Beginning fund balance/ele/cailor net poslfon/jdMcltj at 2020 July 1'^ 9,207140 2,611,789 183,096 9,170,001 0 0 8.963.465 30.183,491 2020 Primary property tax levy B 0 0 0 0 0 0 0 0 2024 Secondary property tax levy B 5 0 0 0 0 0 0 0 2024 Estimated revenues othan propeM taxes C 6otherother25,505,805 5,003,307 1.000 0.045,869 0 0 2000 36,277,981 2024 Other financingsourcea D F 0 0 0 0 0 0 0 0 2024 Other financing (uses) D 6 0 0 0 0 0 0 0 a 2024 Intedund transfers In 0 6 0 4,291,253 0 35,000 0 0 0 4,329.253 2024 Intemnd Transfer (out) 0 10 0 129,263 0 0 0 0 O.zW.000 4,329.253 line 11: rceduch e° tor nine balance reserved for tuture 2024 budget year expenditures 11 Maintained for future debt retirement 0 Maintained for future capital projects 4,200,150 4,208,150 Maintained for future financial stability 3,980,307 3,980,307 0 0 2024 Total financial resources available 13 30,852,638 12.620.096 184.096 11.058.810 0 0 557,315 50,273,015 2024 Budgeted expenditures/expensesE 13 25,5115,805 9,643,912 19,760 6,910.531 0 0 8e9.200 13,057,70a Expenditure Iin,ta on comparison 1 Budgeted expenditures/expenses 2 Add/subtract: estimated net reconciling Items 3 Budgeted expemwrewyensn adjusted for reconciling items 0 less: estimated exclusions 5 Mount subject to the expenditure limitation • EEC expenditure limitation 2023 2020 48,102086 1112.689 46,029,797 6 0.3,057,706 (117.966) 12,939,742 14,159,411 5 31,870.386 8,606,788 $ 35,332,954 $ 31,896.371 The city/town does not It./ property taxes and don not have special assessment districts for which property baee we levied. Therefore. Schedule B has been omitted. $ 34.30.380 Includes expend0ure/expanse adjustments approved in the c mot eat from Schedule E. Includes actual amounts as of the date the proposed budge) wasprepared, adjusted for estimated activity /or the remainder M the Petal year. amount an thls Ilne represent beginning hind balance/(deficit) or net positio&(deficit) amounts except for nompendable amounts (e.g., prepaids and invented,) or amounts legally or contractually required to be maintained Imam le.p., principal of a permanent fund). 3/22 Arizona A W hor General SCMduleA Official Tnan Budget Forma Town of Fountain Hills Tax levy and tax rate information Fiscal year 2024 2023 2024 1. Maximum allowable primary property tax levy. A.R.S. §42-17051(A) $ $ 2. Amount received from primary property taxation in the current year in excess of the sum of that year's maximum allowable primary property tax levy. A.R.S. §42-17102(A)(18) 3. Property tax levy amounts A. Primary property taxes $ $ Property tax judgment B. Secondary property taxes Property tax judgment C. Total property tax levy amounts $ 0 $ 4. Property taxes collected' A. Primary property taxes (1) Current year's levy $ (2) Prior years' levies (3) Total primary property taxes $ 0 B. Secondary property taxes (1) Current year's levy $ (2) Prior years' levies 831 (3) Total secondary property taxes $ 831 C. Total property taxes collected $ 831 5. Property tax rates A. City/Town tax rate (1) Primary property tax rate Property tax judgment (2) Secondary property tax rate Property tax judgment (3) Total city/town tax rate 0.0000 0.0000 B. Special assessment district tax rates Secondary property tax rates —As of the date the proposed budget was prepared, the city/town was operating two (2) special assessment districts for which secondary property taxes are levied. For information pertaining to these special assessment districts and their tax rates, please contact the city/town. Includes actual property taxes collected as of the date the proposed budget was prepared, plus estimated property tax collections for the remainder of the fiscal year. 3/22 Arizona Auditor General Schedule B Official City/Town Budget Forms Town of Fountain Hills Revenues other than property taxes Fiscal Year 2024 Source of revenues General Fund Estimated rWMYM 2023 Astral revenues' 2023 Estimated revenues 2024 Local taxes Local Sales Tax $ 14,426,223 $ 16,576,084 $ 13,154,799 Franchise Tax 325,000 250,046 390,000 Licenses and permits Business License Fees 116,619 127,453 Residential Rental License 0 14,000 Liquor License Fees 500 5,067 Building Penn4 Fees 408,398 649,977 Sign Permits 3,350 3,727 Landscape Permit Fees 16,800 3,880 Subdivision Fees 52,250 95,873 Special Event Permds 8,500 17,433 Engineering Fees 5.900 4,360 Third Party Revenues Planning & Zoning Fees Plan Review Fees Intergovernmental State Sales Tax Fire Insurance Premium Tax Vehicle License Tax Shared Income Tax Charges for services Parks & Rec User Fees Encroachment Fees Variances Inspection Fees Leases & Rents Fines and forfeits Court Fines 117,785 50,000 500 372,703 3,350 3,780 36,000 8,500 5,550 16.095 20,021 96,750 25,643 3,409,475 3,460,534 48,036 48,036 338,350 318925 4,597,467 4518,501 243,475 228,744 35,000 47,146 4,300 12,253 17,000 58,922 299872 398,915 205,000 235409 Interest on investments Interest on Investments In -lieu property taxes Contributions Voluntary contributions Miscellaneous Miscellaneous Total General Fund $ 24,000 270,555 60,845 45,050 20 060 96,750 3,585,690 48 516 366,076 6 387 448 244 215 35,000 2,600 17000 277,278 200,000 20,000 59,817 71,400 68,759 70,805 24,804,255 $ 27,520,083 $ 25,585,805 Includes actual revenues recognized on the modified accrual or accrual basis as of the date the proposed budget was prepared, plus estimated revenues for the remainder of the fiscal year. 3122 Arizona Auditor General schedule C Official City/Town Budget Forms Town of Fountain Hills Revenues other than property taxes Fiscal Year 2024 Source of revenues Estimated revenue 2023 Actual revenues' 2023 Estimated revenue 2024 Special revenue funds Highway User Revenue Fund Highway User Tax $ 1,889,520 1,719,340 1,849,404 Vehicle License Tax 789,485 744,158 854,176 Local Sales Tax 1.197,552 1,423,361 1 064618 In -Lieu Fees 100,000 4,612 100,000 Recycle Proceeds 1,000 119 1.000 Interest 10,000 93,736 10,000 Miscellaneous 30,000 0 30,000 $ 4,017,557 $ 3,985,325 $ 3,909,198 Downtown Strategy Fund Sales -Excise Tax $ 119,755 142,336 106.462 Interest 1260 12,793 600 $ 121,015 $ 155,129 $ 107,062 Economic Development Fund Sales -Excise Tax $ 479,021 569,345 425,847 Miscellaneous Interest 240 9,969 240 $ 479,261 $ 579 313 $ 426,087 Tourism Fund Grants $ 65,000 83,319 65,000 Interest 180 6,907 180 Miscellaneous $ 65,180 $ 90,226 $ 65,180 Special Revenue - Grants Intergovernmental -State $ 6,981,850 32,709 (8,810,000) Intergovernmental -Federal $ 4,208,150 4,208,150 10,000,000 $ 11,190.000 $ 4,240,858 $ 1,190,000 Public Art In -Lieu Fees $ 100,000 16,193 100,000 Interest 240 1,966 240 $ 100,240 $ 18,159 $ 100,240 Court Enhancement Fund Court EnhancemenUJCEF Revenue $ 49,000 31,567 33,000 Interest 900 126 300 $ 49,900 $ 31,693 $ 33,300 Environmental Fund Environmental Fee $ Interest 2,400 14,754 2,400 $ 2,400 $ 14,754 $ 2,400 Cottonwoods Maintenance District Assessments $ 8,670 8,507 9,768 Interest Income $ 72 400 72 $ 8,742 $ 8906 $ 9,840 Total special revenue funds $ 16,034.295 $ 9,124,364 $ 5,843,307 Includes actual revenues recognized on the modified accrual or accrual basis as of the date the proposed budget was prepared, plus estimated revenues for the remainder of the fiscal year. 3122 Arizona Auditor General Schedule C Official CtyfTovm Budget Forms Town of Fountain Hills Revenues other than property taxes Fiscal Year 2024 Source of revenues Debt service funds General Obligation Debt Service Interest Income Eagle Mountain CFD Assessments Estimated Estimated revenues Actual revenues' revenues 2023 2023 2024 1,200 4,082 600 $ 1,200 $ 4082 $ 600 1,380 0 0 Interest Income 100 514 100 Municipal Property Corp Interest Income Total debt service funds $ Capital projects funds Capital Projects Fund Sales Tax -Local 1,480 $ 514 $ 100 100 289 300 100 $ 289 $ 300 2780 $ 4,885 $ 1,000 1,141,951 1,927,614 685240 Grants 70.000 0 3,768,079 Interest 10,000 138,613 10,000 1,221,951 $ 2,066,227 $ 4,463,319 Fire Development Fee Fund Development Fees 15,221 19,091 12,780 Interest Income 1,000 10,641 1,000 $ 16,221 $ 29,733 $ 13,780 Streets Development Fee Fund Development Fees 239,438 217,379 200740 Interest Income 1 000 10,696 1,000 240,438 $ 228,076 $ 201,740 Parks a Recreation Development Fee Fund Development Fees 204,348 147,988 166,030 Interest Income 1,000 34,326 1 000 $ 205,348 $ 182,313 $ 167,030 Total capital projects funds $ 1683,958 $ 2,506,349 $ 4,845,869 Includes actual revenues recognized on the modified accrual or accrual basis as of the date the proposed budget was prepared, plus estimated revenues for the remainder of the fiscal year. 3122 Arizona Auditor General Schedule C Official City/Town Budget Forms Town of Fountain Hills Revenues other than property taxes Fiscal Year 2024 Source of revenues Permanent funds Estimated revenues 2023 Actual revenues' 2023 N/A $ $ $ $ 0 $ D $ Estimated revenues 2024 0 Total permanent funds $ 0 $ 0 $ 0 Enterprise funds N/A $ $ $ $ 0 $ 0 $ 0 Total enterprise funds $ 0 $ 0 $ 0 • Includes actual revenues recognized on the modified accrual or accrual basis as of the date the proposed budget was prepared, plus estimated revenues for the remainder of the fiscal year. 3/22 Arizona Auditor General Schedule C Official City/Town Budget Forms Town of Fountain Hills Revenues other than property taxes Fiscal Year 2024 Source of revenues Internal service funds Facilities Reserve Fund Miscellaneous Interest Income Technology Replacement Fund Interest Income Vehicle Replacement Fund Miscellaneous Interest Income Estimated revenues 2023 Actual revenues` 2023 Estimated revenues 2024 1,000 132,729 1 000 1,000 $ 132,729 $ 1000 $ 0 $ 0 $ 0 Total internal service funds $ Total all funds $ 1,000 50,570 1,000 1,000 $ 50,570 $ 1,000 2,000 $ 183,299 $ 2,000 42 527,288 $ 39,338,980 $ 36 277 981 Includes actual revenues recognized on the modified accrual or accrual basis as of the date the proposed budget was prepared, plus estimated revenues for the remainder of the fiscal year. 3122 Arizona Auditor General Schedule C Official City/Town Budget Forms Town of Fountain Hills Other financing sources/(uses) and interfund transfers Fiscal year 2024 Other financing Interfund transfers 2024 2024 Fund Sources Nava) In (Out) General Fund General Fund $ $ $ $ Total General Fund $ 0 $ 0 $ 0 $ Special revenue funds Streets Fund $ $ $ 4,200,000 $ 0 Downtown Strategy Fund 35,000 Economic Dev Fund 94 253 Tourism Fund 94,253 Environmental Fund Total special revenue funds $ 0 $ 0 $ 4,294,253 $ 129,253 Debt service funds N/A $ $ $ $ Total debt service funds $ 0 $ 0 $ 0 $ 0 Capital protects funds Capital Projects Fund $ $ $ 35,000 $ Parks & Rec Development Fee Fund Total capital projects funds $ 0 $ 0 $ 35,000 $ 0 Permanent funds N/A $ $ $ $ Total permanent funds $ 0 $ 0 $ 0 $ 0 Enterprise funds N/A $ $ $ $ Total enterprise funds $ 0 $ 0 $ 0 $ 0 Internal service funds Facilities Reserve Fund from Gen Fund $ $ $ $ 4,200,000 Technology Replacement Fund Vehicle Replacement Fund Total Internal Service Funds $ 0 $ 0 $ 0 $ 4,200,000 Total all funds $ 0 $ 0 $ 4,329,253 $ 4,329,253 3/22 Arizona Auditor General Schedule D Official City/Town Budget Forms Fund/Department Town of Fountain Hills Expenditures/expenses by fund Fiscal year 2024 Adopted budgeted expenditures/ expenses 2023 Expenditure/ expense adjustments approved 2023 Actual expenditures/ expenses' 2023 Budgeted expenditures) expenses 2024 General Fund Mayor 8 Town Council $ 76,619 $ 0 $ 62,568 $ 65,494 Administration 2,672,360 122,000 2,966,316 2,938,334 General Government 5,141,607 (2,991,000) 780,768 3,654,772 Municipal Court 446,749 0 453,783 495,406 Public Works 1,497,800 44,000 1,260,888 1,642,801 Development Services 1,359,678 0 1 254,745 1,318,661 Community Services 3,695,572 25.000 3,220,949 3,856,778 Fire 8 Emergency Medical 4,457,834 (3,366,520) 1 413 889 5,224,964 Law Enforcement 5,456,036 (841,630) 4,614,406 6,388,595 Total General Fund $ 24,804,255 $ (7,008,150) $ 16,028,312 $ 25,585 805 Special revenue funds Streets Fund $ 5,908,110 $ 3,700,000 $ 3,643,589 $ 7,048,280 Downtown Strategy Fund 65,200 0 68,793 85,200 Economic Development Fund 225,920 20,400 200,761 229,630 Tourism Fund 277,114 40,065 193,507 354,029 Special Revenue Fund 5,190,000 4,147,685 171 214 1,190,000 Public Art Fund 144,649 0 31,244 41,761 Court Enhancement Fund 89 850 0 377 54,600 Environmental Fund 627,100 0 320,403 627,024 Cottonwoods Maint District 12,388 0 4463 13388 Total special revenue funds $ 12,540,331 $ 7,908,150 $ 4 634 351 $ 9,643,912 Debt service funds General Obligation Bonds $ 350 $ 0 $ 0 $ 350 Eagle Mountain CFD 14,200 0 0 18,900 Municipal Property Corp 1,010 0 13 510 Total debt service funds $ 15,560 $ 0 $ 13 $ 19 760 Capital projects funds Capital Projects $ 2,993,001 $ 6,918,531 Fire/Emergency Dev Fee Streets Dev Fee Park/Rec Dev Fee Total capital projects funds $ 8,149,040 $ (1,400,000) $ 2,993,001 $ 6,918,531 Permanent funds N/A $ $ $ $ Total permanent funds $ 0 $ 0 $ 0 $ 0 Enterprise funds N/A $ 0 $ $ $ Total enterprise funds $ 0 $ 0 $ 0 $ 0 Internal service funds Facilities Reserve Fund $ Technology Replacement Fund Vehicle Replacement Fund Total internal service funds $ Total all funds $ 8,149,040 $ (1,400,000) $ 550,000 50,000 33,300 633,300 46,142,486 500,000 $ 0 0 500,000 $ 0 $ 0 $ 26 608 49,118 75 726 $ 23,731,403 550,000 50,000 289,700 889,700 $ 43,057,708 Includes actual expenditures/expenses recognized on the modified accrual or accrual basis as of the date the proposed budget was prepared, plus estimated expenditures/expenses for the remainder of the fiscal year. 3/22 Arizona Auditor General Schedule E Official City/fown Budget Forms Department/Fund Mayor & Council General Fund $ Department total $ Town of Fountain Hills Expenditures/expenses by department Fiscal year 2024 Adopted Expenditure/ budgeted expanse Actual Budgeted expenditures/ adjustments expenditures/ expendaurn/ expenses approved expenses' expenses 2023 2023 2023 2024 76,619 $ 76619 $ 0 5 62568 $ 65494 0 S 62568 $ 65,494 Administration General Fund $ 2,672,360 $ 122,000 $ 2,966,316 $ 2938.334 Downtown Strategy Fund 65,200 0 68,793 85.200 Economic Development Fund 225,920 20,400 200,761 229.630 Tourism Fund 277,114 40,065 193,507 354,029 Special Revenue Fund 5,190,000 4,147.685 171,214 1,190.000 General Obligation Debt 350 0 0 350 Eagle Mountain CFD 14.200 0 0 18,900 Municipal Property Corp 1.010 0 13 510 Cottonwoods Maint District 12.388 0 4,463 13,388 Capital Projects 460.640 (170 343) 1 215 302,800 Department total $ 8.919.182 $ 4 159 807 $ 3.606.282 $ 5133141 General Government General Fund $ 5.141,607 $ (2,991.000) $ 780.168 $ 3,654,112 Technology Replacement 50,000 0 26,608 50,000 Vehicle Replacement 33300 0 49 118 205,700 Department total $ 5,224,907 $ (2991000) $ 856.494 $ 3,910,472 Municipal Court General Fund $ Court Enhancement Fund Department total $ 446749 $ 89850 536 599 $ 0 $ 453,783 $ 0 377 0 $ 454160 $ 495,406 54,600 550,006 Public Works General Fund $ 1.497.800 $ 44,000 $ 1 260 888 $ 1,642,801 Streets Fund 5.908.110 3.700,000 3,643,589 7.048,280 Environmental Fund 627,100 0 320,403 627,024 Capital Projects 4,810600 (1,319,657) 1,912,507 5,365,731 Facilities Replacement Fund 550.000 500,000 0 550,000 Vehicle Replacement 0 0 0 84.000 Department total $ 13453610 $ 2 924 343 $ 7 137 388 $ 15317836 Development Services General Fund $ Department total $ 1,359678 $ 0 $ 1,359678 $ 0 $ 1,254,745 $ 1,318,661 1,254,745 $ 1 318 661 Community Services General Fund $ 3,695,572 $ 25,000 $ 3,220,949 $ 3,856778 Public An Fund 144 649 0 31244 41761 Capital Projects 2,817,800 90,000 1 079279 1,250,000 Department total $ 6 658 021 8 115d00 $ 4.331472 $ 5 148 539 Fire & Emergency Medical General Fund $ 4457,834 $ (3,366 520) $ 1413,889 $ 5 224 964 Department total $ 4 457 834 $ (Una $ 1.413889 $ 5,224.964 Law Enforcement General Fund $ 5456,036 $ (841 630) $ 4.614.406 $ 6,388,595 Department total $ 5456 036 $ (841 630) $ 4.614.406 $ 6 388 595 • Includes actual expenditures/expenses recognized on the modified accrual or accrual basis as of the date the proposed budget was prepared. plus estimated expenditureslexpenses for the remainder of the fiscal year. 3(22 Arizona Auditor General Schedule F Official CitytTown Budget Forms Fund General Fund Special revenue funds Streets Fund Economic Development Fund Tourism Fund Total special revenue funds Debt service funds Total debt service funds Capital projects funds Total capital projects funds Permanent funds Town of Fountain Hills Full-time employees and personnel compensation Fiscal year 2024 Total estimated Full-time Employee salaries Other benefit personnel equivalent (FTE) and hourly costs Retirement costs Healthcare coats costs compensation 2024 2024 2024 2024 2024 2024 69.12 $ 6,849,079 $ 487,290 $ 508,908 $ 274,388 $ 8,119,665 6.05 $ 481,911 $ 52,905 $ 73,757 $ 50,336 $ 658,909 1.00 139,100 15,301 7,896 4,963 167,260 1.00 74,900 8,239 7,896 3,218 8.05 $ 695,911 $ 76,445 $ 89,549 $ 58,517 $ O $ 0 $ Total permanent funds Enterprise funds Total enterprise funds Internal service funds Total internal service fund Total all funds 0 $ 0 $ 94,253 920 422 0 0 0 $ 0 0 0$ 0$ 0$ 0$ 0$ 0 $ $ $ $ $ 0 O $ 0$ 0$ 0$ 0$ 0 $ $ $ $ $ 0 O $ 0$ 0$ 0$ 0$ 0 $ $ $ $ $ 0 O $ 0 $ 0 $ 0 $ 77.17 $ 7,544,990 $ 563,735 $ 598,457 $ 0 0 0 0 0 0 0 $ 332,905 $ 9,040,087 3122 Arizona Auditor General Schedule G Official City/Towns Budget Forms EXHIBIT B TO RESOLUTION 2023-14 [Notice] See following page. Town of Fountain Hills Notice of Public Hearing Final Budget Adoption and Tax Levy On June 6, 2023, beginning at 5:25 p.m. in the Town Hall Council Chambers, 16705 E. Avenue of the Fountains, Fountain Hills, Arizona 85268, public hearings will be held to allow members of the public to appear and testify or make inquiries regarding Fiscal Year 2023-24 Budgets for (i) the Town of Fountain Hills, (ii) the Eagle Mountain Community Facilities District Board, and (iii) the Cottonwoods Maintenance District Board. On June 20, 2023, beginning at 5:25 p.m. in the Town Hall Council Chambers, 16705 E. Avenue of the Fountains, Fountain Hills, Arizona 85268, the Cottonwoods Maintenance District Board will adopt their property tax levy for the Fiscal Year beginning July 1, 2023, and ending June 30, 2024. A complete copy of the each of the budgets for the Fiscal Year 2023-24 may be viewed at: 1. Fountain Hills Town Hall (2nd floor), 16705 E. Avenue of the Fountains, Fountain Hills, Arizona 85268 2. Fountain Hills Maricopa County Branch Library, 12901 LaMontana Drive, Fountain Hills, Arizona 85268 3. The Town of Fountain Hills website at: www.fountainhillsaz.gov Anyone wishing to respond may do so in person at the meetings or in writing prior to the date of the June 6, 2023, and June 20, 2023, meetings by delivering the written comments to the Town Clerk's office. 16705 E. Avenue of the Fountains, Fountain Hills, AZ 85268.