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New Community Authority approves community development charges, appoints finance director as 2024 report shows $430,410 fund balance
Summary
The New Community Authority approved a resolution levying community development charges to be certified to Montgomery County, appointed Laura Perry as finance director and Pam Powell as secretary, and approved the 2024 annual financial report showing a Dec. 31 balance of $430,410.47 and projected 2025 debt service payments of $554,300.
The New Community Authority voted to approve a resolution levying community development charges and to certify that resolution to Montgomery County, and it appointed Laura Perry as finance director and Pam Powell as secretary during its meeting. The authority also approved the 2024 annual financial report, which showed a Dec. 31 cash balance of $430,410.47 and projected 2025 debt service payments of $554,300.
The actions came with a series of routine procedural votes.…
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