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CDD accepts unaudited financials; notes unbudgeted mower purchase and considers investment account

Heritage Pines Community Development District · September 17, 2024
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Summary

The board accepted July 31, 2024 unaudited financial statements that reflect an unbudgeted mower purchase; the board accepted the financials unanimously and directed staff to add a potential investment account with BankUnited to the next agenda.

The Heritage Pines CDD voted to accept its unaudited financial statements as of July 31, 2024. District Manager Chuck Adams told the board that the financials "reflect the unbudgeted purchase of the new mower." The acceptance motion carried unanimously.

Board discussion included the operating account at SunTrust and a plan to add "Consideration of opening an investment account with BankUnited" to the next meeting's agenda. No vote on banking changes occurred at the Sept. 17 meeting. The board recorded the acceptance of the unaudited statements on a motion by Arthur Rhodes, seconded by Carol Vaughan.