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Board accepts unaudited financials showing 94% revenue collected
Summary
The Heritage Pines CDD accepted unaudited financial statements as of Feb. 28, 2025; staff reported 94% of revenue collected and said interest earned on investment accounts was not yet reflected because statements had not arrived.
District Manager Chuck Adams presented the unaudited financial statements as of Feb. 28, 2025 and told the Board that revenue is "94% collected, with one month remaining until the payment deadline." Adams added that interest earned on investment accounts was not reflected because the statements were not received in time; he said he would email the Board once those statements are posted. The Board accepted the unaudited statements unanimously.
The acceptance is a routine financial oversight action ahead of the FY2026 budget process.
