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Board ratifies audited financials, flags budget variances and approves storm‑cleanup sweeping
Summary
The board ratified the FY2023 audited financial report, reviewed unaudited Sept. 30, 2024 statements highlighting several budget variances and allocation errors, and approved a one‑time $1,475 street‑sweeping contract for storm cleanup with additional week‑to‑week cleanings authorized if needed.
The River Ridge board on Oct. 22 ratified Resolution 2024‑05A accepting the audited financial report for the fiscal year ended Sept. 30, 2023 and reviewed the unaudited financial statements as of Sept. 30, 2024.
Mrs. Cleo Adams noted potential misposting that caused the General Fund "Engineering" line to read at 209% of budget and explained that a $4,209 landscaping expenditure was incorrectly categorized under "Contingencies," inflating that line to 421% of budget. She said Corporate was asked to provide paid invoices to reconcile entries and that an earlier debt‑service entry would be corrected in the next financials. Board members questioned a $19,805 NPDES reporting filing that appeared at 152% of budget, and the manager will review the general ledger.
The board also ratified an emergency authorization for Precision Cleaning, Inc. to perform storm‑cleanup street sweeping. Staff reported eight loads of debris were removed and the vendor made eight passes through the district. The motion approved a one‑time payment of $1,475 and authorized staff to add additional week‑to‑week cleanings for the next month if necessary.
Other operational notes: district staff will inspect and address rusted lake and wetland signage and correct a monument sign wording error (Southern Hills Drive vs. Southern Hills Court) with the sign vendor. The permanent speed sign is operational; staff will schedule trainings on the computer system and ticketing processes and will report back on whether an additional sign is needed.
What happens next: Corporate will provide invoices to reconcile budget coding errors; the manager will correct the ledger in the next reporting cycle; staff will monitor the street‑sweeping schedule and report on the speed‑sign system performance.
