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Heritage Pines CDD adopts amended FY2023/24 budget to cover new mower and contingencies

Heritage Pines Community Development District Board of Supervisors · December 10, 2024
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Summary

The Heritage Pines CDD board adopted Resolution 2025-02 to amend the FY2023/24 budget, adding a $20,000 contingency increase and reflecting a refund of $1,298; the change reflects a major expenditure for a new lawnmower and presentation of actual vs. adopted budget columns.

At its Dec. 10 meeting the Heritage Pines Community Development District Board of Supervisors adopted Resolution 2025-02 to amend the Fiscal Year 2023/24 budget to account for a major equipment purchase and other adjustments.

District Manager Chuck Adams presented the amendment, explaining staff added columns to the budget showing “Actual” versus the “Adopted Budget” and a “Proposed Increase/(Decrease)” column to clarify variances. To cover possible additional journal entries, the board increased the “Operations and maintenance – Contingencies” line by $20,000; Adams said any unused funds would remain in the surplus fund balance.

Chair Kathleen Lonergan noted the district expects a $1,298 refund from the Tax Collector’s Office reflecting differences between actual and amended budget figures. On a motion by Michael Walsh, seconded by Stephen Putman, the board adopted Resolution 2025-02 unanimously.

The amendment formalizes accounting changes tied to a recently purchased lawnmower identified as a major expenditure; the board did not provide a more detailed equipment specification or vendor information during the meeting. The amended financial statements and updated budget columns will be reflected in the district records going forward.