In June 1990, a joint powers agreement by and between the Buckeye Union School District, El Dorado Union High School District and Rescue Union School District created the El Dorado Schools Financing Authority (EDSFA).
 
Historically, EDSFA main functions include:
 
  1. Approval of El Dorado Schools Financing Authority Community Facilities NO. 1 annual tax report levying and apportioning the Special Tax as provided therein;
  2. Approving the annual budget for EDSFA;
  3. Engaging an independent CPA to conduct an audit, and receive its annual report.
 
Please note: Specific construction/remodel projects are reviewed and approved by the board of trustees of each respective district.

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