The Lake Panorama Rural Improvement Zone (RIZ) board of trustees election was held Tuesday, Dec. 10 with 30 total ballots cast. Trustee Larry Petersen was re-elected to a three-year term. Other trustees are Bill Dahl, Doug Hemphill, JoAnn Johnson and Corey Welberg.
The trustees are responsible for administering the RIZ, which includes the platted portions of the Lake Panorama development. The Lake Panorama RIZ is a local government entity designed to manage erosion control and water quality at Lake Panorama and within its watershed.
The RIZ was formed in 1997 by the initiative of the LPA through legislation in Des Moines. The tax increment financing district allows tax growth dollars to stay within the Lake Panorama development for water quality purposes.
The board of trustees oversees the annual budget and associated expenditures. Estimated revenue for the 2024-2025 fiscal year is nearly $3.6 million. These funds are used exclusively to fund improvements allowed under IA Code 357.H, which includes dredging operations, erosion control practices and water quality improvements. For more information, visit www.lakepanoramariz.org.