District Documents
KIME RANCH METROPOLITAN DISTRICT
2025 ANNUAL REPORT
As required by Section 32-1-207(3)(c), C.R.S., and Section VII of the Service Plan for 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 January 1, 2025 to December 31, 2025.
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 2026. Please see the District’s Service Plan, including the 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. The District filed an Audit Exemption for 2025 which is linked below pursuant to Section 29-1-604, C.R.S.
2025 Audit Exemption Application - Kime Ranch MD.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 2026 Budget (attached as Exhibit B) for capital expenditures incurred, if any. The District did not construct any Public Improvements in 2025. Please see the District’s Service Plan, including the 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 $2,972,880. In tax year 2025 for collection in 2026, the District imposed a mill levy of 62.384 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. Linked below is the 2026 Budget.
2026 Budget .pdf6. A summary of the residential and commercial development in the District for the report year. Land development commenced in 2024, continued through 2025 with the first model home built in December 2025. There has been no commercial development in the District.
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 current 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.
Current Board of Directors: General Counsel:
Cynthia Myers , President Elisabeth Cortese, Esq.
Cameron Turner, Director McGeady Becher Cortese Williams P.C.
Adam Coates, Director 450 E. 17th Avenue, Suite 400
c/o Denver, CO 80203
McGeady Becher Cortese Williams P.C. (303) 592-4380
450 E. 17th Avenue, Suite 400
Denver, CO 80203
(303) 592-4380
Chief Administrator Officer:
Lisa Jacoby
McGeady Becher Cortese Williams 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 2026 are scheduled on June 22, 2026 and October 26, 2026 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. Linked below is the 2026 Transparency Notice.
2026 Transparency Notice- Kime Ranch MD12. 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 or terminated other than the District entering into 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 2025.
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, 2025. 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 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 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 of the District. 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 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, references to exhibits have been removed and links to exhibit documents have been added. For a copy of the Annual Report with exhibits as filed with the jurisdiction, please contact info@specialdistrictlaw.com.
For accessibility purposes, this is an alternate conforming version of the 2025 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:
