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River Ridge CDD adopts amended 2024/2025 budget and approves assessment roll

River Ridge Community Development District · August 27, 2024
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Summary

The River Ridge Community Development District on Aug. 27 adopted Resolution 2024-07, approving its fiscal year 2024/2025 budget with scrivener corrections, and adopted Resolution 2024-08 imposing special assessments for the year after amending references to Exhibit B; both measures passed unanimously.

The River Ridge Community Development District board adopted its fiscal year 2024/2025 budget and approved the corresponding assessment roll at a public meeting on Aug. 27.

District Manager Chuck Adams said the budget posted with the agenda contained errors that staff corrected before the hearing, including a revised description for the “Street sweeping” line. Mrs. Adams opened the public hearing; no property owners spoke. On a motion by Supervisor Kurt Blumenthal, seconded by Supervisor Robert Twombly, the board adopted Resolution 2024-07 relating to annual appropriations and the district budget for the fiscal year beginning Oct. 1, 2024 and ending Sept. 30, 2025, as amended.

At the same hearing the board considered Resolution 2024-08, which makes a determination of benefit and imposes special assessments for fiscal year 2024/2025 and addresses collection and enforcement procedures. Tony Pires, district counsel, recommended opening a public hearing on the assessment roll; no affected property owners spoke. The board agreed to delete references to “Exhibit B” throughout the draft and, on the same unanimous motion pattern, adopted Resolution 2024-08 as amended.

The actions set the district’s appropriations and assessment framework for the coming fiscal year and enable collection mechanisms to proceed. The board also noted that supervisors must complete required ethics training and financial disclosure filings; staff will provide related materials to any incoming appointee.

What happens next: the district will proceed under the adopted budget and assessment resolutions; staff will post required documentation per public-notice rules and implement any clerical changes described during the hearing. The board’s next regular meeting is scheduled for Sept. 4, 2024 at 1:00 p.m.