Board members warn against heavy reserve use; five-year outlook a concern
Multiple board members praised the finance staff but cautioned that heavy use of reserves and rising debt create risks for long-term fiscal health; one member highlighted worry about the five-year projection and urged conservative planning.
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Several board members thanked Paul Adams and the finance team for producing the draft budget but raised concerns about drawing a record amount from reserves. One member said they were "concerned that we're using a record amount of reserves" and asked staff to scrutinize five-year projections. Another member noted limited places to find significant savings and emphasized that cutting small line items can harm services without materially reducing long-term spending.
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