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River Ridge CDD adopts FY2025 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 on Aug. 27 adopted its fiscal year 2024/25 budget and a resolution imposing special assessments for the year, and approved new statutorily required goals and performance measures under HB 7013.

The River Ridge Community Development District Board of Supervisors adopted its fiscal year 2024/2025 budget and a companion special‑assessments resolution during a public hearing at its Aug. 27 meeting.

District Manager Chuck Adams told the board the budget in the packet contained scrivener errors; Supervisor Kurt Blumenthal identified corrections needed to the street‑sweeping description. After opening the public hearing and receiving no public comment, the board, on a motion by Blumenthal and seconded by Robert Twombly, adopted Resolution 2024‑07 (relating to annual appropriations and adopting budgets for the fiscal year beginning Oct. 1, 2024) as amended. The motion was approved unanimously.

Earlier in the meeting District counsel recommended opening a public hearing on the assessment roll. With no members of the public speaking, the board approved edits to Resolution 2024‑08 (deleting references to “Exhibit B”) and, on a motion by Blumenthal seconded by Twombly, adopted the resolution making a determination of benefit and imposing special assessments for fiscal year 2024/2025. That motion also passed unanimously.

The board additionally approved a Goals and Objectives and Performance Measures/Standards form required by recently enacted state law (HB 7013). Counsel and staff described the initial reporting requirement, noting the district must post an initial report on its website; staff added the initial report deadline of Dec. 1, 2025 to the key activity dates list. The board voted to approve the goals and performance measures on the same unanimous motion pattern.

Votes at a glance • Acceptance of Resolution 2024‑07 (adopt FY2025 budget, as amended): Moved by Kurt Blumenthal; seconded by Robert Twombly; vote: unanimous (4‑0) — approved. • Acceptance of Resolution 2024‑08 (impose special assessments FY2024/2025, with edits deleting references to “Exhibit B”): Moved by Kurt Blumenthal; seconded by Robert Twombly; vote: unanimous (4‑0) — approved. • Approval of Goals and Objectives/Performance Measures required by HB 7013: Moved by Kurt Blumenthal; seconded by Robert Twombly; vote: unanimous (4‑0) — approved.

What this means The adopted budget and assessment resolution put the district’s spending plan and assessment collection procedures in place for the fiscal year starting Oct. 1. The newly approved Goals and Objectives form starts the district’s compliance work under HB 7013; staff must prepare and post the initial performance report by Dec. 1, 2025. The board made several clerical corrections to the budget document before adoption, including a street‑sweeping description Mr. Blumenthal flagged.

The board did not receive public comment on either the budget or the assessment roll during the hearing. The next regular meeting is scheduled for Sept. 4, 2024 at 1:00 p.m.