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CDD accepts unaudited July financials; notes unbudgeted mower purchase and investment-account consideration

Heritage Pines Community Development District Board of Supervisors · September 17, 2024
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Summary

The board accepted unaudited financial statements as of July 31, 2024, acknowledged an unbudgeted mower purchase and agreed to add consideration of opening an investment account with BankUnited to the next agenda.

The Heritage Pines CDD board accepted its unaudited financial statements as of July 31, 2024, after District Manager Chuck Adams noted the records reflect an unbudgeted purchase of a new mower.

Board members discussed the district's operating account at SunTrust and asked staff to add consideration of opening an investment account with BankUnited to the next meeting agenda. On motion, the board accepted the financial statements unanimously.

There was no dollar amount provided for the mower purchase in the minutes; the purchase was described as unbudgeted. Staff flagged the investment-account consideration for a future agenda so supervisors could review options for operating-fund management.