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CDD accepts unaudited July financials noting unbudgeted mower purchase; BankUnited investment account to be considered
Summary
The board accepted unaudited financial statements as of July 31, 2024; District Manager Chuck Adams noted the reports reflect an unbudgeted purchase of a new mower and the board asked staff to add consideration of opening an investment account with BankUnited to the next agenda.
District Manager Chuck Adams presented the unaudited financial statements as of July 31, 2024 and told the board that the financials reflect "the unbudgeted purchase of the new mower." The board accepted the statements on a motion by Arthur Rhodes, seconded by Carol Vaughan, with all in favor.
Board members discussed the operating account with SunTrust and asked staff to consider opening an investment account with BankUnited; Adams said consideration of an investment account will be added to the next meeting agenda. No specific investment amounts or account authorization were approved at the Sept. 17 meeting.
