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Board accepts unaudited financials showing 94% revenue collected; interest earnings pending
Summary
The CDD accepted unaudited statements as of Feb. 28, 2025 noting 94% revenue collection and that interest earned on investment accounts was not yet reflected; District Manager Chuck Adams said he will notify the board when statements are posted.
The Heritage Pines Community Development District accepted the unaudited financial statements as of Feb. 28, 2025 at the April 15 meeting.
District Manager Chuck Adams reported that revenue is 94% collected with one month remaining until the payment deadline and said interest earned on investment accounts was not reflected because statements had not been received in time. Adams said he would email supervisors when the investment statements post and any interest earnings are reported. On motion by Stephen Putman and seconded by Arthur Rhodes, with all in favor, the board accepted the unaudited statements.
