Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance topic
No spam. Unsubscribe anytime.
Heritage Pines CDD accepts unaudited financial statements showing 94% revenue collected
Summary
The board accepted unaudited financial statements as of Feb. 28, 2025; District Manager Chuck Adams reported revenue collection at 94% with interest earnings not yet posted and promised to email the board when statements update.
The Heritage Pines Community Development District accepted unaudited financial statements as of Feb. 28, 2025 during its April 15 meeting.
District Manager Chuck Adams told supervisors revenue is 94% collected with one month remaining until the payment deadline and that interest earned on investment accounts was not yet reflected in the statements; he said he would email the board once the statements were posted and interest amounts available. The board voted to accept the unaudited statements on a unanimous motion from Supervisor Stephen Putman and seconded by Supervisor Arthur Rhodes.
Why it matters: monitoring revenue collections and investment interest informs budget assumptions and the upcoming FY2026 adoption process.
