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CDD accepts unaudited financials noting unbudgeted mower purchase; board to consider investment account
Summary
The board accepted unaudited financial statements for July 31, 2024 that reflect an unbudgeted purchase of a new mower. Members discussed the operating account with SunTrust and agreed to consider opening an investment account with BankUnited at the next meeting.
District Manager Chuck Adams told the board the unaudited financial statements as of July 31, 2024 reflect the "unbudgeted purchase of the new mower." The board accepted the statements by unanimous vote.
Discussion touched on the district's operating account with SunTrust and a proposal to add consideration of opening an investment account with BankUnited to the next meeting agenda. On a motion by Mr. Rhodes, seconded by Ms. Vaughan, the unaudited financial statements were accepted "with all in favor."
No dollar figure for the mower was provided in the meeting record; the board did not take additional budget action at the Sept. 17 meeting.
