Finance director reports June disbursements; board asks whether ad valorem includes nearby solar plant

At the accounts-payable and revenue report the district’s finance representative presented monthly and year‑to‑date figures and explained that bank statements were delayed due to the holiday schedule.

Finance reported operational disbursements for June were $5,314,910.72 and year‑to‑date operational disbursements were $34,787,800.26. Other figures presented included June activity disbursements of $124,329.64 (year‑to‑date $588,633.97) and grant and capital outlay totals across listed programs.

When asked whether ad valorem revenue included a local solar plant near the North of transportation and maintenance, finance said, "I do not think so...These are the tax dollars that come for Kirtland, but I'm not sure they include that solar plant. I will research that and find out." A board member offered to collaborate with the county to confirm whether all development inside district boundaries is being included for taxation.

Finance also noted grant reimbursement timing: many grants reimburse after expenditures are incurred, so reimbursements appear as revenue when received rather than in advance. The board asked staff to follow up with clarification about ad valorem inclusion and historical treatment of similar developments.

Next steps: Finance to research whether the referenced solar plant is captured in ad valorem receipts and to report back to the board; staff offered to coordinate with county officials and provide historical documentation of how property tax revenues have been recorded.