River Ridge ratifies audit, flags budget misclassifications and approves storm clean-up sweeping

Cleo Adams presented Resolution 2024‑05A to accept the audited financial report for the fiscal year ended Sept. 30, 2023; the Board ratified the report unanimously. Adams also presented the unaudited financial statements as of Sept. 30, 2024 and identified apparent misclassifications and budget variances: General Fund "Engineering" is at 209% of budget (possible misposted Special Revenue items), "Contingencies" is at 421% of budget with $4,209 likely belonging under Landscaping, and a $19,805 NPDES reporting filing item is at 152% of budget. Mrs. Adams said she will request paid invoices from Corporate to reconcile these items and that the errors will be corrected in the next financials.