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Oldsmar firefighters pension board adopts FY 2025–26 administrative budget
Summary
The Oldsmar Firefighters Pension Board of Trustees approved a proposed administrative budget for fiscal year 2025–26, after staff and counsel clarified the budget is an estimate and discussed expected increases in actuarial, audit and legal fees.
The Oldsmar Firefighters Pension Board of Trustees approved a proposed administrative budget for fiscal year 2025–26 at its July 10 meeting in Oldsmar. Board members voted to adopt the estimate after staff reviewed current-year spending and proposed increases for actuarial, audit and legal services. The board’s attorney described the document as an estimate rather than a binding appropriation. Board attorney Pedro, speaking during the attorney report, told trustees, “It’s not a balanced budget. It’s really just, you know, more like what you…
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