SAID Administration. Day One Through Final Payoff.
You formed the district to finance infrastructure, not to run a public agency. SDS runs the administration for the life of the bonds: board meetings, records, accounting, and compliance deadlines. Your team stays focused on building.
What Makes a SAID Different
Formed by the State
Formed by petition to the Arizona Finance Authority, not a city or county. From day one it’s a political subdivision of the state, with public-body obligations to match.
Run by Landowners
Three directors, first appointed by the forming owners, then elected by acreage as lots sell. Governance has to keep pace with the project.
Built for Long Bonds
Bonds can run up to 30 years, secured only by district property. That’s three decades of reporting, budgets, and disclosures.
What SDS Handles for SAIDs
Early Involvement
In the loop before the formation order, so board setup, records, and reporting are planned, not improvised.
Day-One Standup
First board meeting, records system, district website, and initial policies, ready when the district exists.
Owner Elections
Coordination for bond authorization elections and board elections as the district transitions from appointed to elected directors.
District Accounting
Bookkeeping, monthly financials, budget preparation, and CPA-level review under one roof. Your independent auditor stays separate.
AFA Reporting
Annual reporting and budget adoption tracked on a SAID-specific compliance calendar.
Draw Coordination
Draw requests coordinated with the trustee, engineer, and developer so funds move when they should.
Resale Disclosures
Disclosure support so homebuyers and title companies get accurate district information at every sale.
Board Administration
Agendas, public notices, minutes, and records kept current so every meeting holds up.
SAID FAQ
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Annual reporting, a budget adopted before October 1 every year, and an official website with financial disclosures. We build every deadline into a compliance calendar on day one, so nothing depends on someone remembering.
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It starts with three directors appointed by the forming owners, then moves to acreage-based elections as ownership spreads out. We handle election logistics with your counsel and onboard new directors so the handoff doesn’t stall the district.
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Yes. A SAID is a political subdivision of the state, which means noticed meetings, minutes, and public records. Your counsel confirms the specifics. We run the process so your team isn’t learning Open Meeting Law on the fly.
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Every home sale requires a standardized disclosure notice. We keep the district’s numbers current and answer title company requests so buyers get accurate information every time.
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We coordinate draw requests with the trustee, engineer, and developer, and keep the documentation audit-ready for the life of the bonds.
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We do. Bookkeeping, monthly financials, budget preparation, draw coordination with the trustee, and CPA-level review, all under one roof. Your independent auditor stays separate, the way it should.
WORK WITH SDS