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River Ridge board reviews FY2025 budget planning, five‑year CIP and a $10,692.88 estimate for a Pinehurst inlet fix

River Ridge Community Development District Board of Supervisors · July 23, 2024
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Summary

The board reviewed the five‑year capital improvement plan, discussed guardhouse design and potential fund transfers, and heard an estimate of $10,692.88 from MRI Construction for a Pinehurst Type 9 inlet top to prevent debris blockage; the item will remain on the agenda and the FY2025 budget adoption is scheduled for Aug. 27, 2024.

The River Ridge CDD board reviewed the draft FY2024/2025 budget and a five‑year Capital Improvement Plan update on July 23. Supervisor Kurt Blumenthal presented an updated five‑year plan and the board discussed design and permitting for proposed guardhouses, whether funds could be transferred into cash sweep accounts, a proposed well, and a traffic device described as a 'traffic hawk.' Board members agreed the overall budget remains solvent.

Chuck Adams presented MRI Construction Estimate #C060‑24 for the Pinehurst Type 9 inlet top in the amount of $10,692.88; staff said an additional proposal is being sought and left the item on the agenda for further consideration. The board scheduled the FY2025 budget adoption hearing for Aug. 27, 2024 at 1:00 p.m.

No final budget adoption or capital expenditures were approved at the July 23 meeting; staff will return with more detailed proposals and any required funding actions.