Neunder continues to have lowest total
Once again — for 2025 — Sarasota County Commission Chair Ron Cutsinger of Englewood has reported the highest net worth of the five board members, The Sarasota News Leader learned from a review of what are called their Form 6 reports filed this year with the Florida Commission on Ethics.
And, also mirroring their reports for 2024, Commissioner Tom Knight was in second place, with Commissioner Joe Neunder citing the lowest figure.
Cutsinger did note a lower total in his 2025 document than he listed in 2024. As of July 1, he wrote, his net worth was $2,666,898. In 2024, the figure he provided was $2,733,087.
As of Dec. 31 2025, Knight reported that his net worth was $2,286,000. That also marked a slight drop from his 2024 total, which was $2,292,633.
Commissioner Mark Smith saw his net worth climb year-over-year, as shown in his report. As of Dec. 31, 2025, he wrote, it was $1,639,373. A year earlier, it was $1,409,837.45.
Commissioner Teresa Mast wrote that her net worth as of June 22 was $1,427,700. (The form indicates that it was seeking a figure for 2025.) In her previous report, she noted that her net worth as of Dec. 31, 2024 was $1,413,000.
Finally, commissioner Neunder reported his net worth as of May 29 of this year was $1,005,505.34. That was up from his June 26, 2025 figure of $753,303.20.
Details of Cutsinger’s report
In response to the form’s call for a listing of individual assets valued higher than $1,000, Cutsinger listed the following:
- Real estate — $2,006,750.
- A Truist Bank checking/savings account — $23,570.
- Investments with Charles Schwab — $355,981.
- His Florida Retirement System investment plan — $105,421.
- A Nationwide 457(b) account — $6,933.
- A 2025 Toyota Tacoma — $38,000.
- A 2025 Honda CRV — $38,000.
- Cash with Interactive Brokers — $53,067.
Cutsinger listed two liabilities in excess of $1,000: $19,377 with Toyota Finance in Tempe, Ariz.; and $36,447 with Honda Finance in Torrance, Calif.
Further, he included five primary sources of income besides his board salary that were above $1,000:
- Oasic Wealth in Englewood — $31,127.
- Social Security — $32,057.
- Rental income through Travel Masters International — $13,750.
- Rental income through Debi Healy Real Estate — $9,000.
- Rental income through Mark Friedman Wealth Management — $9,000.
His commission salary in 2025 was $106,173, he wrote.
In regard to his real estate holdings, Cutsinger provided the following list as an attachment to his form:
Knight’s report
In regard to Commissioner Knight’s assets valued above $1,000, his form listed his primary home, $1.2 million; stocks and bonds, $1,350,000; and joint bank accounts with $25,000.
The only liability he noted was with Truist Bank in Charlotte, N.C.: $335,000.
As for his income exceeding $1,000, Knight listed his Florida Retirement System account — $134,378; and his board salary — $103,800.
Mast’s report
Just as she did last year, Commissioner Mast did not list any assets valued at more than $1,000 and no liabilities higher than that amount. However, unlike her prior report, this one listed her board salary: $108,745.
The News Leader did learn from the records maintained by Sarasota County Property Appraiser Bill Furst and his staff that Mast and her husband, Jon, still own a single-family home in the Founders Club, east of Interstate 75, off Fruitville Road. As the News Leader reported last year, they purchased it for $1,850,000 in May 2023.
The market value of the property this year is $1,421,000, Furst’s records note. The taxable value is $860,074, but the Masts do have a homestead exemption.
Neunder’s filing
In his report, Commissioner Neunder listed five assets above $1,000:
- His home — $639,400.
- His Chase checking account — $10,843.43.
- His Chase savings account — $19,096.16.
- A Fidelity 401k account — $652,339.75.
- His chiropractic practice — $100,000.
As for liabilities: Neunder noted a Roundpoint mortgage — $223,114; and an education loan from the federal government — $343,060.
In regard to his sources of income above $1,000, Neunder listed his chiropractic practice — $30,000; and his board salary — $111,038.33.
Smith’s financial details
In his 2025 report, Commissioner Smith listed seven assets valued at more than $1,000:
- His home — $1.3 million.
- A 2019 Jeep Wrangler — $19,060.
- A Charles Schwab account — $344,301.
- A Charles Schwab IRA — $98,879.
- A Bank of America checking account — $26,840.
- A Bank of America savings account — $14,525.
- Cash — $5,000.
His only liability above $1,000 was with Rocket Mortgage of Cleveland, the form showed: $264,232.
In regard to his sources of income that exceeded $1,000, Smith noted his board salary — $113,625.48; his architectural practice on Siesta Key — $26,000; and funds from a Charles Schwab stock portfolio — $47,225.