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Board accepts unaudited financials; revenue reported at 94% collected
Summary
District Manager Chuck Adams presented unaudited financial statements as of Feb. 28, 2025; he reported revenue collection at 94% and said interest earned had not yet been posted. The board accepted the statements unanimously.
District Manager Chuck Adams presented the Heritage Pines CDD unaudited financial statements as of February 28, 2025 and the board voted to accept them. Adams reported that revenue is 94% collected with one month remaining until the payment deadline and that interest earned on investment accounts was not yet reflected because statements had not arrived; he committed to emailing the board when the interest postings are posted.
The board accepted the unaudited statements on a motion by Stephen Putman and seconded by Arthur Rhodes. No additional funding decisions were made at this time.
