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River Ridge board 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 adopted its fiscal year 2024–2025 budget and approved a resolution imposing special assessments, both passed unanimously after minor scrivener corrections and a public hearing with no speakers.

On Aug. 27, 2024, the River Ridge Community Development District Board of Supervisors adopted the fiscal year 2024–2025 budget and approved a resolution imposing special assessments for the coming year. Both measures passed unanimously during a public hearing held in the Sound Room at the River Club Conference Center and via Zoom.

The board adopted Resolution 2024-07, relating to annual appropriations and the district budget for Oct. 1, 2024–Sept. 30, 2025, after staff and supervisors noted scrivener errors in the agenda version. District Manager Chuck Adams told the board the budget in the agenda was not correct and Mr. Kurt Blumenthal submitted corrections for the “Street sweeping” description; the corrected budget was adopted on a motion by Mr. Blumenthal, seconded by Mr. Twombly, with all in favor.

At the same hearing the board considered Resolution 2024-08, making a determination of benefit and imposing special assessments for fiscal year 2024/2025 and providing for collection and enforcement. District Counsel Tony Pires recommended opening a public hearing; Mrs. Adams opened the hearing and no affected property owners or members of the public spoke. The board agreed to delete all references to “Exhibit B” (page 2, first Whereas clause and throughout) and adopted the resolution as amended on a motion by Mr. Blumenthal, seconded by Mr. Twombly, with unanimous approval.

Why it matters: the budget adoption finalizes the district’s planned expenditures and the assessments resolution certifies the assessment roll and provides the legal mechanism for collection and enforcement of those assessments for the upcoming fiscal year. The board noted the corrections were scrivener in nature and that no substantive changes to appropriations were raised during the public hearing.

Next steps and context: staff will incorporate the approved corrections into the final budget documents and the assessment roll. The board’s next meeting is scheduled for Sept. 4, 2024, at 1:00 p.m.; staff indicated standard follow-up tasks and posting requirements will proceed.

Actions recorded: Resolution 2024-07 (adopted) and Resolution 2024-08 (adopted).