District Documents
KIME RANCH METROPOLITAN DISTRICT
2024 ANNUAL REPORT
As required by Section 32-1-207(3)(c), C.R.S., and Section VII of the Service Plan for the Kime Ranch Metropolitan District (“District”), approved by the Town of Parker, Colorado (“Town”) on August 21, 2023, we present the following report of the District’s activities from August 21, 2024 to December 31, 2024.
1. A list of public infrastructure the District constructed or installed during the report year, and a schedule for the construction or installation of future public infrastructure, as well as any maintenance operations or activities the District has undertaken during the report year and maintenance operations or activities the District plans to undertake in the upcoming year. The District has not constructed or installed any public infrastructure to-date. No maintenance operations or activities have been undertaken to-date and no maintenance operation or activities are planned to be undertaken in 2025. Please see the District’s Service Plan, Capital Plan for planned public infrastructure.
2. Except when exemption from audit has been granted for the report year under the Local Government Audit Law, the audited financial statements of the District for the report year including a statement of financial condition (i.e., balance sheet) as of December 31 of the report year and the statement of operations (i.e., revenues and expenditures) for the report year.
2024 Audit Exemption Application.pdf3. Unless disclosed within a separate schedule to the financial statements, a summary of the capital expenditures incurred by the District in development of Public Improvements in the report year, as well as any Public Improvements proposed to be undertaken in the five (5) years following the report year. Please see the 2025 Budget for capital expenditures incurred, if any. The District did not construct any Public Improvements in 2024. Please see the District’s Service Plan, Capital Plan for planned public infrastructure.
4. Unless disclosed within a separate schedule to the financial statements, a summary of the financial obligations of the District at the end of the report year, including the amount of outstanding Debt, the amount and terms of any new Debt issued in the report year, the amount of payment or retirement of existing Debt of the District in the report year, the total assessed valuation of all taxable properties within the District as of January 1 of the report year and the current mill levy of the District pledged to Debt retirement in the report year. The District has not incurred any Debt. The total Assessed Valuation of all taxable property is $2,095,530. In tax year 2024 for collection in 2025, the District imposed a mill levy of 60.372 mills to be pledged to the retirement of anticipated future debt.
5. The District’s budget for the calendar year in which the annual report is submitted.
Reso to Adopt Budget 2025 (2024-11-02) (9).pdf6. A summary of the residential and commercial development in the District for the report year. There was no residential or commercial development in 2024.
7. A summary of all fees, charges and assessments imposed by the District as of January 1 of the report year. The District has not imposed any fees, charges or assessments to-date.
8. Certification of the Board that no action, event or condition enumerated in Town Code Section 10.11.060 has occurred in the report year, or certification that such event has occurred but that an amendment to the Service Plan that allows such event has been approved by Town Council. To the best of the Board’s knowledge no action, event or condition enumerated in Town Code Section 10.11.060 has occurred in the report year.
9. The name, business address and telephone number of each member of the Board and its chief administrative officer and general counsel, together with the date, place and time of the regular meetings of the Board.
Board of Directors:
Cynthia Myers , President
Mark Hensley, Director
Joseph Sutton, Assistant Secretary
Cameron Turner, Director
c/o McGeady Becher P.C.
450 E. 17th Avenue, Suite 400
Denver, CO 80203
(303) 592-4380
General Counsel:
Elisabeth Cortese, Esq.
McGeady Becher P.C.
450 E. 17th Avenue, Suite 400
Denver, CO 80203
(303) 592-4380
Chief Administrator Officer:
Lisa Jacoby
McGeady Becher P.C.
450 E. 17th Avenue, Suite 400
Denver, CO 80203
(303) 592-4380
Date, Place and Time of Regular Meetings
The regular meetings of the District for the year 2025 are scheduled on June 27, 2025 and
October 27, 2025 at 10:00 a.m., via Zoom video teleconference
10. Certification from the Board of the District that the District is in compliance with all provisions of the Service Plan. To the best of the Board’s knowledge, the District is in compliance with all provisions of the Service Plan.
11. A copy of the most recent notice issued by the District, pursuant to Section 32-1-809, C.R.S.
2025 SDA Transparency Notice.pdf12. A copy of any intergovernmental agreements entered into by the District since the filing of the last annual report. No intergovernmental agreements have been entered into other than the Model Intergovernmental Agreement between the Town and the District, dated February 20, 2024 (previously provided).
The following information required by Section 32-1-207(3)(c)(II), C.R.S. (and not already disclosed above) is also provided:
13. Boundary Changes Made. No boundary changes were made or proposed during 2024.
14. Access information to obtain a copy of rules and regulations adopted by the Board. The District has not adopted any rules and regulations as of December 31, 2024. In the future, if adopted by the District, rules and regulations may be obtained from McGeady Becher Cortese Williams P.C., 450 E. 17th Avenue, Suite 400, Denver, CO 80203 (303-592-4380). The District’s website is: https://kimeranch.specialdistrict.org/
15. A summary of litigation involving public improvements owned by the special district. To the District’s knowledge, there is no litigation involving the District’s public improvements.
16. List of facilities or improvements constructed by the special district that were conveyed or dedicated to the county or municipality. The District has not constructed and has not conveyed any facilities or improvements to the County or the Town.
17. Notice of any uncured defaults existing for more than ninety days under any debt instrument. To our knowledge, there are no uncured events of default by the District which continue beyond a ninety (90) day period.
18. Inability of the special district to pay its obligations as they come due under any obligation which continued beyond a ninety-day period. To our knowledge, the District has been able to pay its obligations as they come due.
*For accessibility purposes, this is an alternate conforming version of the 2024 Annual Report
2026 Mill Levy - 72.974 Mills
2025 Budget2025 Mill Levy - 70.962 Mills
2024 Budget2024 Mill Levy - 70.962 Mills
The Transparency Notice for the District can be accessed on the Special District Association website:
