Development News for Tempe, Arizona

Rio Salado Community Facilities District Approves Annual Assessment and Budget

The board adopted a resolution levying the annual assessment for the Rio Salado Community Facilities District improvement project number one, which includes the acquisition, construction, and annual maintenance of certain improvements within the district. Additionally, the board approved the tentative budget for the district for the fiscal year 2026-2027 and set the date for a public hearing to receive objections on the assessments and tentative budget. The public hearing is scheduled for June 25th, 2026. The motion to adopt the resolution and approve the budget passed five to zero, with Board Members Adams and Keating absent.