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CDD accepts unaudited July financials; notes unbudgeted mower purchase
Summary
The board accepted unaudited financial statements as of July 31, 2024, noting the records reflect an unbudgeted purchase of a new mower and agreed to consider an investment account at the next meeting.
District Manager Chuck Adams presented unaudited financial statements as of July 31, 2024 and noted they reflect an unbudgeted purchase of a new mower. The board accepted the statements unanimously and asked staff to add consideration of opening an investment account with BankUnited to the next meeting agenda.
Adams told the board "the financials reflect the unbudgeted purchase of the new mower." Discussion included the district's operating account at SunTrust and the possibility of an investment account to better manage reserves; no formal banking decision was made during this meeting.
