Metropolitan District Nov. 13 Board Meeting Summary
On Nov. 13, the Ken-Caryl Ranch Metropolitan District Board held a regular business meeting and discussed the following items:
- Staff presented a Fitness Center promotion for the end of 2018 and some initial ideas to drive new membership in 2019. The Board and staff discussed the goals for the Fitness Center moving into the new year.
- The Board continued the public hearing on the 2019 Proposed Budget. Staff presented recommendations to adjust fees and cut costs. The changes were proposed in an effort to help the District retain as much revenue as possible before the anticipated decline in tax revenue in 2020. The Board discussed the proposals and gave staff direction on what to include for the final draft of the budget. A summary of the proposed changes, including pool fees and operational cuts, can be found on the News page. The public budget hearing will continue at the next Metro District Board meeting at which time the Board is scheduled to adopt the 2019 Budget. That meeting is Tuesday, Dec. 4 at 7 p.m. immediately following the 6 p.m. Joint Study Session with the Master Association.
- The Board discussed an updated investment policy and adopted a revised version of the policy after recommendations from staff and legal counsel.