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Board accepts unaudited financials; notes unbudgeted mower purchase, considers investment account

Heritage Pines Community Development District Board of Supervisors · September 17, 2024
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Summary

Supervisors accepted the unaudited financial statements as of July 31, 2024, noted an unbudgeted purchase of a new mower and agreed to consider opening an investment account with BankUnited at the next meeting.

The board reviewed and accepted the unaudited financial statements as of July 31, 2024. District Manager Chuck Adams told the board the financials reflect an unbudgeted purchase of a new mower.

The board accepted the statements on a unanimous motion and asked staff to add consideration of opening an investment account with BankUnited to the next agenda. Discussions during the item included the district's operating account with SunTrust and the potential benefits of an alternative investment account.

"The financials reflect the unbudgeted purchase of the new mower," Adams said during the presentation; the board did not reverse or amend the purchase during the meeting.