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Board of Investment and Contracts approves 2026 annual estimate

5825507 · September 24, 2025
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Summary

At a special Sept. 24 meeting, the Board of Investment and Contracts passed Resolution 178 approving the board's annual estimate for 2026. The motion was moved and seconded, and the resolution carried with all members present voting in favor.

The Board of Investment and Contracts unanimously approved Resolution 178, "Approving the annual estimate for the year 2026," at a special meeting Sept. 24, 2025. The meeting began at 4:31 p.m.; roll call recorded Mayor Lanigan, John Nash, Jared Feeney, Joe Giuliano and Brian Adams as present.

The board dispensed with the reading of the minutes after a motion to do so was moved and seconded. When the board moved to resolutions, Resolution 178 was read and a motion to approve it was moved and seconded. No substantive discussion was recorded on the resolution. Staff member Seelig responded "No, mayor" when asked about communications; no public speakers or department reports were recorded.

Presiding officers called for the vote on Resolution 178; those present voted "aye" and the resolution was carried. A motion to adjourn was then moved and seconded, and the meeting was adjourned.

The transcript does not specify the dollar amount or budget lines included in the 2026 annual estimate, nor does it name the mover or seconder of the resolution. Those details were not provided in the meeting record.