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River Ridge CDD adopts FY2024/25 budget and approves special assessments

River Ridge Community Development District Board of Supervisors · August 27, 2024
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Summary

The River Ridge Community Development District board adopted its fiscal 2024/25 budget and a companion special-assessment resolution Aug. 27, 2024, after correcting scrivener errors; both measures passed with unanimous board votes and no public comment at the hearings.

The River Ridge Community Development District Board of Supervisors on Aug. 27 adopted its fiscal year 2024/25 budget and imposed special assessments for the coming year.

District Manager Cleo Adams said staff corrected scrivener errors in the draft budget before opening the public hearing. No property owners or members of the public spoke during the hearing, and the board voted to adopt Resolution 2024-07, which sets appropriations for the year beginning Oct. 1, 2024, and ending Sept. 30, 2025, as amended. The board also opened a second public hearing on proposed special assessments, received no public comment, agreed to delete references to “Exhibit B” throughout the resolution, and adopted Resolution 2024-08 imposing and certifying assessments for FY2024/25.

Vice Chair Terry Mountford, Assistant Secretary Kurt Blumenthal and Assistant Secretary Robert Twombly seconded and supported the motions; Supervisor Bob Schultz participated by telephone and was authorized by the board to fully participate for the session. District Counsel Tony Pires opened the assessment hearing at the request of staff. The records reflect unanimous board approval of both resolutions.

Why it matters: The budget and assessment resolutions set the district’s revenue and spending plan and authorize the assessments used to collect the district’s share of infrastructure and service costs. The board also approved a schedule for completing statutorily required ethics training and financial-disclosure filings tied to board membership.

What’s next: Staff will post the adopted budget and related documents on the district’s records as required and proceed with administrative steps to implement the adopted assessments. The district also added the HB7013 goals-and-objectives reporting requirements to its calendar (initial report due Dec. 1, 2025).

Provenance: Topic first appears in the transcript at SEG 067 (budget public hearing) and the segment discussion on assessments concludes at SEG 091.