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Monday, September 16, 2019
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What a Difference a Year Makes
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One year ago at the end of April, 2018, the Colorado City Metropolitan District (CCMD) had $102,227 in red ink on the books, more than enough to spread, like blame, among staff, directors, and metro entities. One year later, under the leadership of Manager Jim Eccher, a revitalized staff, and a supportive board, the district is $114,214 in the black, a swing of $216,000 and change, as noted by board chair Terry Kraus. The board received the good financial news at a meeting Tuesday evening at a regularly scheduled meeting of directors at 6:00 pm, May 14, 2019. One year ago, revenues were down while expenses were up. According to Finance Director Yvonne Barron, the reverse is true this year. “Revenues are up while expenses are down across the board leaving us in a much stronger financial position compared to a year ago,” said Barron. “Moving forward, “Barron continued, “revenues should increase significantly.”

After receiving formal proposals from David Douglas of Keller Williams Performance Realty and Harland Cason of Southern Colorado Real Estate Brokers, the board voted to delay selection of a district appointed real estate representative indefinitely. Eccher opined the district can net more from the sale of lots by saving realtor commissions. Eccher noted there are eight homes under construction in the district and the district received proposals for five additional sales just today. An additional concern expressed by Eccher is that growth does not outpace infrastructure.

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including Colorado City, Rye, San Isabel, Beulah and Hatchet Ranch.

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