The following financials are provided for review purposes:

DISTRICT FINANCIAL DOCUMENTS: See our Budgets and Financial Statements pages .

NOTICE OF HEARING ON PROPOSED 2025 BUDGET

AND 2024 BUDGET AMENDMENT

NOTICE IS HEREBY GIVEN that the proposed budget for the year of 2025 has been submitted to the Stonegate Village Metropolitan District (the “District”).  Such proposed budget will be considered at a meeting and public hearing of the Board of Directors of the District to be held on November 20, 2024 at 3:00 p.m., or as soon thereafter as possible at Stonegate Village Community Center located at 10326 Stonegate Parkway, Parker, CO 80134. Additional information regarding public participation will be available at least 24 hours prior to the meeting and public hearing online at https://www.svmd.org/district-news OR by contacting Heidi Plummer at Heidi@svmd.org or by telephone at 303/858-9909.

NOTICE IS FURTHER GIVEN that an amendment to the 2024 budget of the District may also be considered at the above-referenced meeting and public hearing of the Board of Directors of the District.  A copy of the proposed 2025 budget and amended 2024 budget, if required, are available for public inspection at the offices of the foregoing offices listed above.  Any interested elector within the District may, at any time prior to final adoption of the 2025 budget and the amended 2024 budget, if required, file or register any objections.

STONEGATE VILLAGE METROPOLITAN DISTRICT

By: /s/ Lori Ann White, President

Published On: October 10, 2024

Published In:  Douglas County News Press

SPECIAL DISTRICT FINANCIAL DOCUMENTS: 

The Stonegate Village Metropolitan District has adopted seven separate funds, a General Fund to provide for operating and maintenance expenditures, swimming pool services and landscape maintenance expenditures; a Debt Service Fund to provide for payments on the outstanding general obligation bond debt; a Capital Project Fund to provide for capital improvements to be built for the benefit of the district and transfers to the general fund for fence replacements; a Water Fund to provide for the expenditures, debt service payments and capital improvements related to providing water services; a Sewer Fund to provide for the expenditures, debt service payments and capital improvements related to providing sewer services; a Water and Sewer Capital Project Fund to provide for water and sewer capital improvements to be built for the benefit of the district, bond issuance costs for the proposed bonds, and transfers to the Supplemental Water Resource Fund; and a Supplemental Water Resource Fund to provide for the operating and capital expenditures relating to additional water resources and transfers to the Debt Service and Water and Sewer Capital Project Funds.

The District’s accountants have utilized the modified accrual basis of accounting and the budget has been adopted after proper postings, publications and public hearing.

The primary sources of revenue for the District include property taxes, specific ownership taxes, recreation and landscape fees, cost sharing income, sustainability fees, utility billings and bond proceeds. In 2015, the District intends to impose a mill levy on all property within the District totaling 27.803 mills, of which .803 mills will be dedicated to the General Fund and the balance of 27.000 mills will be allocated to the Debt Service Fund.

Please note that all District records are public records and shall be made available for public inspection per the Colorado Open Records Act (CORA), unless prohibited by the exceptions of Part 2 of Title 24, Article, C.R.S.  

If you have any questions about the District services, projects and programs, you are encouraged to contact District Manager at 303-858-9909, or by mail at SVMD District Offices by mail at 10252 Stonegate Parkway, Parker, CO  80134.