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Heritage Pines board adopts amended 2023/2024 budget; contingency increased by $20,000
Summary
The board adopted Resolution 2025-02 to amend the FY 2023/2024 budget to reflect a major equipment purchase and added a $20,000 contingency; Ms. Lonergan reported a $1,298 refund from the Tax Collector’s Office.
The Heritage Pines Community Development District board unanimously adopted Resolution 2025-02 on Dec. 10, 2024 to amend the Fiscal Year 2023/2024 budget to account for a major equipment purchase (a new lawnmower) and to add clearer "Actual" versus "Adopted Budget" columns and a proposed increase/(decrease) column.
Chuck Adams explained the amendment and said that the "Operations and maintenance - Contingencies" line item "was increased by $20,000 in case additional journal entries occur; these funds will remain in Surplus Fund Balance if not needed." The record shows Chair Kathleen Lonergan reported the CDD will receive a refund of $1,298 from the Tax Collector’s Office representing the difference between actual and amended budget figures.
On motion by Michael Walsh, seconded by Stephen Putman, the board adopted Resolution 2025-02 "with all in favor." The record does not specify additional budget transfers beyond the amended line items; the contingency increase is recorded for accounting flexibility pending any further journal entries.
