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Lake Ridge board approves FY2025–2026 budget after 4–2 vote

Lake Ridge Parks and Recreation Association, Inc. Board of Directors · May 13, 2025
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Summary

The Lake Ridge Parks and Recreation Association board approved the FY2025–2026 operating and reserve budget, including assessments and reserve allocations, by a 4 AYE / 2 NAY vote on May 13, 2025.

The Lake Ridge Parks and Recreation Association board approved its Fiscal Year 2025–2026 operating and reserve budget at the May 13 board meeting. Director John Maher moved to approve the budget; Vice President Janet Foote seconded, and the measure passed with a vote of 4 AYE / 2 NAY / 0 ABSTENTION (Resolution 2025/5-6).

The approved budget includes operating and reserve allocations and associated assessments; the board minutes state the approved budget is attached to the minutes. Board discussion and the recorded vote indicate the decision was contentious: two directors voted against the measure while four supported it. The budget vote follows management remarks earlier in the meeting from COO/General Manager Nick Elgas, who summarized budget priorities for the coming year.