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Riverton Redevelopment Agency adopts amended FY2024–25 budget and final FY2025–26 budget
Summary
The Riverton Redevelopment Agency unanimously adopted Resolution 25-02 (final amended FY2024–25 budget) and Resolution 25-03 (final FY2025–26 budget) after a brief staff summary and no public comment.
The Riverton Redevelopment Agency adopted two budget resolutions during its meeting on May 20, 2025: Resolution 25-02, adopting a final amended budget for fiscal year 2024–25, and Resolution 25-03, adopting the final budget for fiscal year 2025–26. Board members approved both measures by roll-call votes after a brief staff presentation and no public comment.
RDA staff member Mr. Geer summarized the need for the votes, saying, "As kinda was stated already, we, the RD is a separate entity, but for financial reporting purposes, we do report them under the city. So we do have to essentially adopt a final budget, which we already talked about. And then in a minute we'll adopt the final budget for next fiscal year. So if you have any questions we'll have to talk about it. But other than that I'll report back to you." The agency opened and closed public hearings on each resolution with no members of the public speaking.
Why it matters: Adopting a final amended budget for the just-ended fiscal year and a final budget for the coming fiscal year finalizes the redevelopment agency's spending plan and fulfills the agency's financial reporting obligations.
Votes at a glance: - Resolution 25-02 — "Adopting the final amended budget for fiscal year 24–25." Motion moved (not specified in the record); seconded by McDougall. Roll-call recorded affirmative votes from McDougall, Perucci, McKay, Broker and Heyman. Outcome: approved. - Resolution 25-03 — "Adopting the final budget for fiscal year 25–26." Motion and second (not specified in the record). Roll-call recorded affirmative votes from McKay, Broker, Hammond, McDougall and Prutchie. Outcome: approved.
Discussion and next steps: The discussion was limited to the staff summary about the RDA's reporting relationship with the city; no substantive modifications or public testimony were recorded. Following the votes, the board moved to the next agenda item and adjourned the RDA portion of the meeting.
Meeting context: The item proceeded quickly, with no public comments and only brief board exchange during roll call. The agency recorded unanimous affirmative votes for each resolution in the portions of the roll call transcribed.
