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Heritage Pines CDD adopts amended FY2023/24 budget to cover new equipment and a $20,000 contingency
Summary
The board approved Resolution 2025-02 Dec. 10, 2024, amending the fiscal year 2023/2024 budget to account for a new lawnmower purchase, adding reporting columns and increasing an operations contingency line by $20,000; the board also noted a $1,298 tax-collector refund.
The Heritage Pines CDD Board unanimously adopted Resolution 2025-02 on Dec. 10, 2024, amending the Fiscal Year 2023/2024 budget to reflect a major equipment purchase and to increase contingency funding.
District Manager Chuck Adams presented the amended budget, saying the change is needed to record a major expenditure for a new lawnmower. The revised budget adds columns showing 'Actual' versus 'Adopted Budget' and 'Proposed Increase/(Decrease)' and increases the 'Operations and maintenance - Contingencies' line item by $20,000 to cover potential additional journal entries; unspent contingency funds will remain in surplus fund balance.
Chair Kathleen Lonergan noted the district will receive a $1,298 refund from the Tax Collector’s Office representing the difference between actual and amended budget calculations. On a motion by Michael Walsh, seconded by Stephen Putman, the board approved Resolution 2025-02 unanimously.
The board did not specify further follow-up other than standard budget recordkeeping and the posted budget amendment.
