Community Facilities Districts
Community Facilities Districts (CFD) are special taxing districts created within municipalities to finance the cost of certain public facilities that serve or benefit land within district boundaries. Debt associated a CFD is the responsibility of land owners benefitting from the public improvements, and are generally repaid through either ad valorem taxes levied upon each landowner's property or special assessments placed upon each land owner's property. The following districts have been approved by the Phoenix City Council in accordance with Arizona Revised Statute 48-701.
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
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