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CDD accepts unaudited July financials; board notes unbudgeted mower purchase and discusses bank options
Summary
The board accepted unaudited financial statements as of July 31, 2024, noting an unbudgeted purchase of a new mower and discussed operating- and investment-account options including SunTrust and BankUnited.
District Manager Chuck Adams said the unaudited financial statements as of July 31, 2024 reflect the unbudgeted purchase of a new mower.
Discussion included the district's operating account with SunTrust and the consideration of opening an investment account with BankUnited; the board agreed to add consideration of the BankUnited investment account to a future agenda. On a motion by Arthur Rhodes, seconded by Carol Vaughan, the unaudited financial statements were accepted.
No sale or financing details of the mower were presented in the meeting; board members requested that staff provide necessary follow‑up details about the equipment purchase and any related budget adjustments before the annual budget adoption.
