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Heritage Pines CDD accepts unaudited financials; revenue 94% collected
Summary
The Board accepted unaudited financial statements as of Feb. 28, 2025; District Manager Chuck Adams reported revenue collection at 94% with investment interest earnings not yet reflected and to be emailed when statements post.
The Heritage Pines CDD accepted the unaudited financial statements as of Feb. 28, 2025 at its April 15 meeting.
District Manager Chuck Adams reported that "Revenue is 94% collected, with one month remaining until the payment deadline," and that interest earned on investment accounts had not been posted in time for the statements; Adams said he would email the Board when the interest earnings are reflected. The Board accepted the statements on a unanimous motion by Stephen Putman, seconded by Arthur Rhodes.
No further fiscal adjustments were recorded at the meeting; the statement acceptance preserves the record of current collections ahead of the FY2026 budget process.
