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CDD accepts unaudited financials; new mower purchase noted, investment account discussion deferred

Heritage Pines Community Development District Board of Supervisors · September 17, 2024
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Summary

The board accepted unaudited financial statements as of July 31, 2024, which reflected an unbudgeted mower purchase; supervisors agreed to add discussion of opening an investment account with BankUnited to the next agenda.

District Manager Chuck Adams presented unaudited financial statements as of July 31, 2024 and told the board the reports reflect an unbudgeted purchase of a new mower.

The board accepted the unaudited financial statements on a motion by Arthur Rhodes, seconded by Carol Vaughan and approved "with all in favor." Discussion included the district's operating account at SunTrust; Adams said consideration of opening an investment account with BankUnited will be added to the next meeting agenda.

No vote was taken on the mower procurement at the meeting; staff noted the purchase appears in the financials and that account management options will be reviewed at a future meeting.