General Obligation Bonds

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The TWCFD will appear on your property tax statement from Maricopa County as TARTESSO WEST CFD.  The GO debt is paid for through the normal property tax process with the county.  Payment of the debt service is through collections of an ad valorem property tax levy on properties within the district based upon the assessed valuation.  The Maricopa County Assessor determines the assessed value of the property and the Maricopa County Treasurer collects the property tax.

GO Bond Authorization = $175,000,000

 Year  Project Bonds  Refunding Bonds  Bond Documents
 2005  $110,000    2005 GO Bond Issuance
 2007  $8,750,000    2007 GO Bond Issuance