Golf Village Special Assessment Area Map

The Estrella Mountain Ranch Community Facilities District (EMRCFD) issued special assessment bonds in 2001 for the Golf Village Special Assessment (GV) for improvements specifically benefiting property in GV.  The special assessment bonds are payable solely from amounts collected from the special assessments.  The assessment is a first lien on the property assessed, subject only to general property taxes and prior special assessments.

The GV special assessment is billed and payment collected through the normal Maricopa County property tax process.  The GV special assessment will appear as "Assessment - Golf Village" in the special districts section of your property tax statement.

On January 25, 2018, the District issued $2,196,070 in refunding bonds, including $411,070 in supplemental interest certificates with an effective interest rate of 2.79 percent, to advance refund $2,338,000 of outstanding 2001A Series Special Assessment Lien bonds, with an average interest rate of 7.875 percent. The net proceeds of $2,368,686, plus an additional contribution of $481,153, (after payment of $128,212 in underwriting fees, insurance, and other issuance costs) were immediately transferred to the refunding trustee to pay the bonds being refunded. As a result, the refunded bonds are considered to be defeased, and the liability for those bonds has been removed from the government-wide financial statements. The reacquisition price exceeded the net carrying amount of the old debt by $30,686. This amount is reported as deferred charges and amortized over the new debt’s life. This advance refunding was undertaken to reduce total debt service payments over the next 8 years by $676,678 and resulted in an economic gain of $344,528.  The savings are realized by lower debt service payments on the special assessment bonds.

The special assessment can be prepaid at anytime and a payment amortization schedule is available upon request.  Full payoff of the assessment includes both the amount on the payoff quote and the installment billed on your current property tax bill.  You can request a payoff quote or payment schedule using our online form.

***Please note.  Prepayment of the special assessment DOES NOT remove your property out of the CFD.  Your property will still be subject to the ad valorem property tax from the Estrella Mountain Ranch CFD.  Prepayment also does not include the assessment's annual installment that is billed on your current tax year property tax bill.

 Desert Village Special Assessment Area Map

The Estrella Mountain Ranch Community Facilities District (EMRCFD) issued special assessment bonds in 2002 for the Desert Village Special Assessment (DV) for improvements specifically benefiting property in DV.  The special assessment bonds are payable solely from amounts collected from the special assessments.  The assessment is a first lien on the property assessed, subject only to general property taxes and prior special assessments.

The DV special assessment is billed and payment collected through the normal Maricopa County property tax process.  The DV special assessment will appear as "Assessment - Desert Village" in the special districts section of your property tax statement.

On January 25, 2018, the District issued $2,296,070 in refunding bonds, including $311,070 in supplemental interest certificates with an effective interest rate of 3.13 percent, to advance refund $2,228,000 of outstanding 2002 Series Special Assessment Lien bonds, with an average interest rate of 7.375 percent. The net proceeds of $2,255,386, plus an additional contribution of $289,756, (after payment of $130,115 in underwriting fees, insurance, and other issuance costs) were immediately transferred to the refunding trustee to pay the bonds being refunded. As a result, the refunded bonds are considered to be defeased, and the liability for those bonds has been removed from the government-wide financial statements. The reacquisition price exceeded the net carrying amount of the old debt by $27,386. This amount is reported as deferred charges and amortized over the new debt’s life. This advance refunding was undertaken to reduce total debt service payments over the next 10 years by $494,354 and resulted in an economic gain of $332,148.  The savings are realized by lower debt service payments on the special assessment bonds.

The special assessment can be prepaid at anytime and a payment amortization schedule is available upon request.  Full payoff of the assessment includes both the amount on the payoff quote and the installment billed on your current property tax bill.  You can request a payoff quote or payment schedule using our online form.

***Please note.  Prepayment of the special assessment DOES NOT remove your property out of the CFD.  Your property will still be subject to the ad valorem property tax from the Estrella Mountain Ranch CFD.  Prepayment also does not include the assessment's annual installment that is billed on your current tax year property tax bill.

 Montecito Special Assessment Area Map

The Estrella Mountain Ranch Community Facilities District (EMRCFD) issued special assessment bonds in 2007 for the Montecito Special Assessment (MD) for improvements specifically benefiting property in MD.  The special assessment bonds are payable solely from amounts collected from the special assessments.  The assessment is a first lien on the property assessed, subject only to general property taxes and prior special assessments.

The MD special assessment is billed and payment collected through the normal Maricopa County property tax process.  The MD special assessment will appear as "Assessment - Montecito" in the special districts section of your property tax statement.

On January 25, 2018, the District issued $5,634,014 in refunding bonds, including $305,014 in supplemental interest certificates with an effective interest rate of 3.75 percent, to advance refund $5,439,000 of outstanding 2007 Series Special Assessment Revenue bonds, with an average interest rate of 5.75 percent. The net proceeds of $5,490,723, plus an additional contribution of $562,346, (after payment of $170,912 in underwriting fees, insurance, and other issuance costs) were immediately transferred to the refunding trustee to pay the bonds being refunded. As a result, the refunded bonds are considered to be defeased, and the liability for those bonds has been removed from the government-wide financial statements. The reacquisition price exceeded the net carrying amount of the old debt by $51,723. This amount is reported as deferred charges and amortized over the new debt’s life. This advance refunding was undertaken to reduce total debt service payments over the next 15 years by $926,844 and resulted in an economic gain of $570,353.  The savings are realized by lower debt service payments on the special assessment bonds.

The special assessment can be prepaid at anytime and a payment amortization schedule is available upon request.  Full payoff of the assessment includes both the amount on the payoff quote and the installment billed on your current property tax bill.  You can request a payoff quote or payment schedule using our online form.

***Please note.  Prepayment of the special assessment DOES NOT remove your property out of the CFD.  Your property will still be subject to the ad valorem property tax from the Estrella Mountain Ranch CFD.  Prepayment also does not include the assessment's annual installment that is billed on your current tax year property tax bill.

 Golf Village #2 Special Assessment Area Map

The Estrella Mountain Ranch Community Facilities District (EMRCFD) issued special assessment lien bonds in 2007 for the Golf Village No. 2 Special Assessment (GV#2) for improvements specifically benefiting property in GV#2.  The special assessment bonds are payable solely from amounts collected from the special assessments.  The assessment is a first lien on the property assessed, subject only to general property taxes and prior special assessments.

The GV#2 special assessment is billed and payment collected through the normal Maricopa County property tax process.  The GV#2 special assessment will appear as "Assessment - Golf Village #2" in the special districts section of your property tax statement.

On January 25, 2018, the District issued $5,189,463 in refunding bonds, including $400,463 in supplemental interest certificates with an effective interest rate of 3.67 percent, to advance refund $5,061,000 of outstanding 2007 Series Special Assessment Revenue bonds, with an average interest rate of 6.72 percent. The net proceeds of $5,117,196, plus an additional contribution of $573,099, (after payment of $164,641 in underwriting fees, insurance, and other issuance costs) were immediately transferred to the refunding trustee to pay the bonds being refunded. As a result, the refunded bonds are considered to be defeased, and the liability for those bonds has been removed from the government-wide financial statements. The reacquisition price exceeded the net carrying amount of the old debt by $56,196. This amount is reported as deferred charges and amortized over the new debt’s life. This advance refunding was undertaken to reduce total debt service payments over the next 15 years by $1,528,021 and resulted in an economic gain of $936,835.  The savings are realized by lower debt service payments on the special assessment bonds.

The special assessment can be prepaid at anytime and a payment amortization schedule is available upon request.  Full payoff of the assessment includes both the amount on the payoff quote and the installment billed on your current property tax bill.  You can request a payoff quote or payment schedule using our online form.

***Please note.  Prepayment of the special assessment DOES NOT remove your property out of the CFD.  Your property will still be subject to the ad valorem property tax from the Estrella Mountain Ranch CFD.  Prepayment also does not include the assessment's annual installment that is billed on your current tax year property tax bill.

 Montecito #2 Special Assessment Area Map

The Estrella Mountain Ranch Community Facilities District (EMRCFD) issued special assessment bonds in 2015 for the Montecito No. 2 Special Assessment (MD#2) for improvements specifically benefiting property in MD#2.  The special assessment bonds are payable solely from amounts collected from the special assessments.  The assessment is a first lien on the property assessed, subject only to general property taxes and prior special assessments.

The MD#2 special assessment is billed and payment collected through the normal Maricopa County property tax process.  The MD#2 special assessment will appear as "Assessment - Montecito #2" in the special districts section of your property tax statement.

The special assessment can be prepaid at anytime and a payment amortization schedule is available upon request.  Full payoff of the assessment includes both the amount on the payoff quote and the installment billed on your current property tax bill.  You can request a payoff quote or payment schedule using our online form.

***Please note.  Prepayment of the special assessment DOES NOT remove your property out of the CFD.  Your property will still be subject to the ad valorem property tax from the Estrella Mountain Ranch CFD.  Prepayment also does not include the assessment's annual installment that is billed on your current tax year property tax bill.

Lucero #1 Special Assessment Area Map 

The Estrella Mountain Ranch Community Facilities District (EMRCFD) issued special assessment lien bonds in 2019 for the Lucero #1 Special Assessment (LD#1) for improvements specifically benefiting property in LD#1.  The special assessment bonds are payable solely from amounts collected from the special assessments.  The assessment is a first lien on the property assessed, subject only to general property taxes and prior special assessments.

The LD#1 special assessment is billed and payment collected through the normal Maricopa County property tax process. The LD#1 special assessment will appear as "Assessment - Lucero #1" in the special districts section of your property tax statement.

The special assessment can be prepaid at anytime and a payment amortization schedule is available upon request.  Full payoff of the assessment includes both the amount on the payoff quote and the installment billed on your current property tax bill.  You can request a payoff quote or payment schedule using our online form.

***Please note.  Prepayment of the special assessment DOES NOT remove your property out of the CFD.  Your property will still be subject to the ad valorem property tax from the Estrella Mountain Ranch CFD.  Prepayment also does not include the assessment's annual installment that is billed on your current tax year property tax bill.

Montecito #3 Special Assessment Area Map

The Estrella Mountain Ranch Community Facilities District (EMRCFD) issued special assessment bonds in 2021 for the Montecito #3 Special Assessment (MD#3) for improvements specifically benefiting property in MD#3.  The special assessment bonds are payable solely from amounts collected from the special assessments.  The assessment is a first lien on the property assessed, subject only to general property taxes and prior special assessments.

The MD#3 special assessment is billed and payment collected through the normal Maricopa County property tax process. The MD#3 special assessment will appear as "Assessment - Montecito #3" in the special districts section of your property tax statement.

The special assessment can be prepaid at anytime and a payment amortization schedule is available upon request.  Full payoff of the assessment includes both the amount on the payoff quote and the installment billed on your current property tax bill.  You can request a payoff quote or payment schedule using our online form.

***Please note.  Prepayment of the special assessment DOES NOT remove your property out of the CFD.  Your property will still be subject to the ad valorem property tax from the Estrella Mountain Ranch CFD.  Prepayment also does not include the assessment's annual installment that is billed on your current tax year property tax bill.

Lucero #2 Special Assessment Area Map

The Estrella Mountain Ranch Community Facilities District (EMRCFD) issued special assessment lien bonds in 2023 for the Lucero #2 Special Assessment (LD#2) for improvements specifically benefiting property in LD#2.  The special assessment bonds are payable solely from amounts collected from the special assessments.  The assessment is a first lien on the property assessed, subject only to general property taxes and prior special assessments.

The LD#2 special assessment is billed and payment collected through the normal Maricopa County property tax process. The LD#2 special assessment will appear as "Assessment - Lucero #2" in the special districts section of your property tax statement.

The special assessment can be prepaid at anytime and a payment amortization schedule is available upon request.  Full payoff of the assessment includes both the amount on the payoff quote and the installment billed on your current property tax bill.  You can request a payoff quote or payment schedule using our online form.

***Please note.  Prepayment of the special assessment DOES NOT remove your property out of the CFD.  Your property will still be subject to the ad valorem property tax from the Estrella Mountain Ranch CFD.  Prepayment also does not include the assessment's annual installment that is billed on your current tax year property tax bill.

You will find the documents and records for the Estrella Mountain Ranch CFD for the past 5 years listed below.  Click on the links and a new window will open to the selected documents.  The annual report details the financial statements of the governmental activities and each major fund of the District.  The feasibility report demonstrates the feasibility and benefits of the public infrastructure projects financed by the bonds and of the plan for financing those projects. The specifics of the infrastructure projects are also detailed in the feasibility reports.  The annual budget provides details of fiscal year budget approved by the District Board.

You can find other District documents such as the minutes, notices and other resolutions of the District Board, prior to January 2021, by using our meeting SEARCH TOOL (search for CFD in the "search box")

You can find other District documents such as the minutes, notices, and other resolutions of the District Board, after January 2021, but using our meeting SEARCH TOOL.

You can request prior years documents and records not listed below. Please submit your request here

FY 2023 Annual Report         2000 Feasibility Report 1           FY2025 Annual Budget

FY 2022 Annual Report          2000 Feasibility Report 2          FY 2024 Annual Budget

FY 2021 Annual Report           2001 Feasibility Report            FY 2023 Annual Budget

FY 2020 Annual Report           2005 Feasibility Report            FY 2022 Annual Budget

FY 2019 Annual Report          2006 Feasibility Report             FY 2021 Annual Budget

                                                   2006 Feasibility Report Amendment                 

                                                   2007 Feasibility Report 1          FY 2025 Tax Levy

                                                   2007 Feasibility Report 2          FY 2024 Tax Levy

                                                   2014 Feasibility Report             FY 2023 Tax Levy

                                                   2019 Feasibility Report             FY 2022 Tax Levy

                                                   2021 Feasibility Report             FY 2021 Tax Levy

                                                   2023 Feasibility Report 1

                                                   2023 Feasibility Report 2