COMMUNITY DEVELOPMENT DISTRICT SERVICES:

District Management

As one of the largest CDD management firms in the state, Rizzetta & Company currently manages 113 districts in Florida and Alabama. Our District Management practice includes:

  • Administration
  • Recording Secretary
  • Budgeting
  • Maintenance
  • Compliance

We conduct meetings of the Boards of Supervisors, maintain all district records, publish notices for all meetings and public hearings, perform all state-required filings and reporting, and coordinate the bidding process for all district construction and services contracts as required by law. The District Management staff also prepares annual operations and maintenance budgets, and holds public hearings for approval and adoption. In addition, the District Manager is responsible for the oversight of all maintenance functions for district-owned facilities and properties.

Please Contact us to learn more about
District Management.

District Financial Consulting

To date, Rizzetta & Company has been involved with nearly 250 bond closings for 125 Districts throughout the State of Florida totaling over $3.2 Billion in par amount of bonds. Our Financial Consulting practice includes the following full range of services:

  • District Establishment
  • Bond Financing
  • Prepayment Collection
  • Asssessment Methodology
  • Assessment Roll
  • Manual Billing
  • Assessment True-up Analysis

Rizzetta & Company handles everything from preliminary analysis and recommendations regarding the general applicability and financial feasibility of establishing a CDD, to assisting in the establishment process and the issuance of bonds and ongoing financial activities. We also provide ongoing services to manage district debt repayment and maintenance needs required to protect the interests of the bondholders and property owners in the district.

Please Contact us to learn more about
District Financial Consulting.

District Accounting

Rizzetta & Company manages over 100 CDDs with combined annual budgets in excess of $65 million. Our District Accounting practice provides a complete range of financial reporting services, including:

  • Financial Statements
  • Audits
  • Accounts Payable
  • Budgeting
  • Construction Requisitions
  • Compliance

The services include financial statement preparation, coordination of audits, coordination of budgets, accounts payable processing, construction requisition processing, compliance with state required filings, compliance with bond covenants, compliance with Governmental Accounting Standards Board (GASB), and ongoing analysis and reporting of the district's finances throughout the year.

Please Contact us for more information on how your community can benefit from our expertise.