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TVISD FY23-24 Final Budget

Page 1

FY 7/1/23-6/30/24

Final Budget Teton Village Improvement & Service District Budget Hearing Information

7020 Rachel Way | PO Box 413 Teton Village, WY 83025 307-733-5457

Location: 7648 Granite Loop Rd Teton Village, WY 83025 Date: 7/20/2023 Time: 6pm

Teton County S-A

Budget Prepared by: Mary Kay Werner

BUDGET MESSAGE

W.S. 16-12-403 ( c )

For FY22-23 the Teton Village Improvement & Service District (TVISD) is continued to provide the same or better level of services property owners have come accustomed to in the residential areas of Teton Village and Granite Ridge. These annual services include snow removal, road repairs, striping, weed control and signage. As a result of increased revenues from higher assessed values the TVISD Board is also review a forward-looking capital improvement plan to address residents’ concerns.

S-B

RESERVE DESCRIPTION

The current reserve policy requires a prudent level of financial resources to maintain public safety and to provide financial flexibility. The policy includes the allocation of $100,000 of cash / cash equivalents be designated and maintained for emergency reserves. The depreciation reserve is adjusted annually per the schedule for road resurfacing to avoid any special assessments. S-C

Names of Board Members Tim Carney - Chair Mary Kay Werner - Treasurer Shawn Reichel (Daus)

Does the district have regular office hours exceeding 20 hours per week?

Date of End of Term

11/3/26 11/4/25 11/5/24

If Yes, enter Address of office: City, State, Zip: Phone Number: Hours Open:

Yes

7020 Rachel Way Teton Village, WY 83025 307-733-5457 Mon to Fri 8am - 3pm Friday by appointment

Where are the minutes of your board meeting available for public review? 7020 Rachel Way Teton Village, WY 83025

How and where are the notices of meeting posted for the public? Some are published in the Jackson Hole News & Guide, and regular meeting notice & agenda is available on our website https://tetonvillagewy.org/district-government/meetings-a Where are the public meetings held? Typically at 7020 Rachel Way Teton Village, WY 83025 & Via GoToMeeting


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