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Heritage Pines CDD adopts amended FY2023/24 budget to cover new lawnmower and adds $20,000 contingency
Summary
The board approved Resolution 2025-02 to amend the FY2023/24 budget—adding a major expenditure for a new lawnmower and increasing 'Operations and maintenance - Contingencies' by $20,000; Ms. Lonergan noted a $1,298 refund from the Tax Collector’s Office.
District Manager Chuck Adams presented Resolution 2025-02 to amend the Fiscal Year 2023/2024 budget, citing a major expenditure tied to a new lawnmower and additional line-item changes to display 'Actual' vs. 'Adopted Budget' and proposed increases or decreases. Adams said the "Operations and maintenance - Contingencies" line was increased by $20,000 to allow for potential journal entries; unused contingency funds will remain in surplus fund balance.
Chair Kathleen Lonergan told the board she received "a refund of $1,298 from the Tax Collector’s Office," which accounts for the difference between the actual and amended budget. On a motion by Mr. Walsh and seconded by Mr. Putman, the board adopted Resolution 2025-02 "with all in favor." The amendment formally allocates funding for the new equipment and increases contingency to cover unforeseen fiscal entries.
The item clarifies presentation of actuals versus adopted budgets for the fiscal year and places the contingency funds in the surplus fund balance if not expended. No additional fiscal actions were taken during the meeting.
