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TV district board approves tentative FY2026 budget, ratifies bills and accepts treasurer's report
Summary
The Humboldt County TV District approved its tentative budget for fiscal year 2026, adopted a five-year capital plan and ratified $14,888.96 in outstanding bills after a treasurer's report showing higher-than-expected ad valorem revenue.
The Humboldt County TV District board voted to approve a tentative fiscal year 2026 budget and a five-year capital plan after the treasurer reported improved revenues and cash on hand.
Why it matters: The tentative budget and capital plan set spending priorities for the district’s operating year and capital projects, including site upgrades and equipment replacement discussed later in the meeting.
Treasurer's report: Marissa, district staff handling finances, told the board the district had about $540,000 in bank accounts and about $94,000 in liquid funds at Raymond James. She reported the current-year ad valorem estimates had increased: 2025 ad valorem was estimated at $959,000 and the 2026 estimate at $1,035,000, an increase of roughly $75,000. Marissa said the district’s budgeted deficit had improved from an originally budgeted negative $379,000 to approximately negative $702,000 (transcript language unclear) and said the district was “doing really, really great” financially relative to the prior estimate.
Actions on budget and bills: The board voted by voice to approve the tentative FY2026 budget and to approve the five-year capital project plan. The board also ratified outstanding bills totaling $14,888.96; the transcript lists vendors and amounts: Complete Management $3,360; Eagle Communications $7,324.90; Humboldt County TV District (vendor entry) $950.90; Copy Copy Company $1,250; McMillan McPhee $2,001.10 (total listed $14,888.96).
Votes and procedure: All actions—approval of the treasurer's report (motioned and seconded), ratification of bills, approval of the tentative budget and approval of the five-year capital plan—were recorded as carried by voice vote in the meeting record; the transcript does not include a roll-call tally for each motion.
Ending: The board signaled broad consensus on moving forward with the tentative budget and capital plan; members said further work on detailed capital items (for example, transmitter and site upgrades) would be discussed in committee and at future meetings.
