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Taos Ski Valley TIDD Board approves FY2025 Q2 financial report, updates bank signatories and CPA contract
Summary
At its Feb. 18 meeting the Taos Ski Valley Tax Incremental Development District Board unanimously approved three resolutions: acceptance of the FY2025 second-quarter DFA financial report, an update to Hillcrest Bank signatories, and a revised contract with Burt & Company CPAs, LLC.
The Village of Taos Ski Valley Tax Incremental Development District (TIDD) Board unanimously approved three administrative resolutions at its Feb. 18, 2025 Zoom meeting, Chair Thomas P. Wittman said.
The Board voted 4-0 to approve Resolution No. 2025-59, which acknowledges and accepts the second-quarter FY2025 DFA financial report as of Dec. 31, 2024. Board Member Renato Frimm moved the motion; Board Member Doug Turner seconded it.
In the same vote series the Board approved Resolution No. 2025-60 to update the account signatories at Hillcrest Bank, adding Misty Schuck, Doug Turner, Thomas P. Wittman, Renato Frimm and Chaz Rockey. Chaz Rockey moved the signatory update; Doug Turner seconded. The Board also approved Resolution No. 2025-61, a revised contract with Burt & Company CPAs, LLC, with a motion from Renato Frimm and a second from Doug Turner.
Why it matters: The financial report formalizes the TIDD’s accounting for the second quarter of FY2025 and the signatory update aligns banking authorities with current board and staff roles. The CPA contract decision continues the district’s relationship with its accounting vendor for audit and financial services.
Votes at a glance
- Resolution No. 2025-59 (FY2025 Q2 DFA financial report): mover Renato Frimm; second Doug Turner; outcome: approved (yes 4, no 0). Present voting members: Renato Frimm, Chaz Rockey, Doug Turner, Thomas P. Wittman; Board Member Leach recorded absent.
- Resolution No. 2025-60 (Hillcrest Bank signatories): mover Chaz Rockey; second Doug Turner; outcome: approved (yes 4, no 0). New signatories listed in the motion: Misty Schuck; Doug Turner; Thomas P. Wittman; Renato Frimm; Chaz Rockey.
- Resolution No. 2025-61 (Revised contract with Burt & Company CPAs, LLC): mover Renato Frimm; second Doug Turner; outcome: approved (yes 4, no 0).
Next steps: The Board’s actions were procedural and administrative; no further public hearings were scheduled on these items. The Board set its next regular meeting for April 28, 2025, at 4:00 p.m. via Zoom.
