Gladden Farms CFD FY2026-27 Final Budget and Tax Rate Reduction
Summary
Property owners in the Mandarina Community Facilities District will pay the same rate as last year — $2.80 per $100 of assessed value — to fund just over $1.2 million in district operations. No new debt is being taken on.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed Jun 16, 2026.
Impact analysis
The district budget is just over $1.2 million, funded at a steady tax rate of $2.80 per $100 of assessed value — no change on property tax bills.
District property owners benefit from a stable tax rate and no new debt.
Mentions & discussions (2)
Gladden Farms Community Facilities District — June 16, 2026
The district budget stays just under $2.4 million with no new debt, and the property tax rate within the district drops by $0.35 to $2.20 per $100 of assessed value. Board Member Cavanaugh got confirmation that if development lags, the developer must make up any bond-payment shortfall under a standby contribution agreement.
Mandarina Community Facilities District — June 16, 2026
Property owners in the Mandarina Community Facilities District will pay the same rate as last year — $2.80 per $100 of assessed value — to fund just over $1.2 million in district operations. No new debt is being taken on.
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