River Ridge CDD adopts FY2025 budget and approves special assessments

The River Ridge Community Development District board unanimously adopted the fiscal year 2024–2025 budget and voted to impose special assessments at its Aug. 27 meeting.

District Manager Chuck Adams told the board the budget posted in the agenda contained errors and noted scrivener corrections; after amending the document, the board adopted Resolution 2024-07, which approves the annual appropriations and authorizes budget amendments for the fiscal year beginning Oct. 1, 2024, and ending Sept. 30, 2025. "The Fiscal Year 2025 budget in the agenda is not correct," Mr. Adams said; the board approved the corrected version on a motion by Mr. Blumenthal, seconded by Mr. Twombly, with all in favor.

District Counsel Tony Pires recommended opening a public hearing on Resolution 2024-08, which makes a determination of benefit and imposes special assessments for FY2025. No members of the public spoke. The board adopted Resolution 2024-08 as amended; the changes included deleting references to "Exhibit B" throughout the document. The motion to adopt was made by Mr. Blumenthal, seconded by Mr. Twombly, and passed unanimously.

Votes at a glance • Resolution 2024-07 (Adopt FY2025 budget, authorize budget amendments): mover Mr. Kurt Blumenthal; second Mr. Robert Twombly; outcome: approved (unanimous). • Resolution 2024-08 (Determine benefit and impose special assessments for FY2025): mover Mr. Kurt Blumenthal; second Mr. Robert Twombly; outcome: approved (unanimous).

Board business and next steps The board also accepted the resignation of Seat 1 (James Gilman), agreed to solicit candidates by e-blasting residents in The Meadows and to include candidate materials on the next agenda for an appointment to fill the unexpired term. Staff were directed to post the adopted budget and assessment roll as required.

The meeting adjourned at 2:11 p.m.