Research Special Districts & Financial Reserves
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12/12/2022
RANCHO MURIETA (RM) is a Gated community w/guards at both main gates.
FUN: Hiking, biking, nature trails, tennis, canoes, fishing, pickle ball, bocce ball, 2 golf courses & a nearby equestrian center. Summers get hot & rattlesnake season is June/July.
GOV'T: RM is a Special District WITH an HOA. Both have separate functions & are run by SEPARATE Boards. LOTS of RULES and FEES. If you don't like rules & POLITICS; you won't like it here. The HOA & District Boards cater to development. Developers' rights supersede those of the residents.
What most view as "open space" is actually, yet to be developed space. Current developments, initially approved by Sac County in 2010 were based on inaccurate water data & being re-evaluated in 2022. Buyers should view the projected 'build out' map in the community office.
Buyers should know how SPECIAL DISTRICTS work in UNINCORPORATED Sac County & the Board of Directors' powers superseding those of the residents. Ask for current financial Reserve information for BOTH the District & HOA. As of 2022, the District has failed to produce a Financial Audit since FY2019-2020. Developer in RM South, Reynen & Bardis has history that should be researched before buying there. Ask your agent.
Jennifer | Rancho Murieta, CA