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Local Business Building Authority unanimously approves FY2025 budget revision, adopts FY2026 budget
Summary
The Local Business Building Authority (LBA) convened, held two public hearings that drew no public comment, approved a revision to its fiscal year 2025 budget and adopted a proposed fiscal year 2026 budget by unanimous votes, then adjourned.
The Local Business Building Authority convened and unanimously approved a revision to its fiscal year 2025 budget and adopted a proposed fiscal year 2026 budget after holding two public hearings that drew no public comment.
The meeting opened with a motion to convene as the Local Business Building Authority. Buzzy, a member of the Local Business Building Authority, moved to convene; Emily, a member, seconded. The presiding officer called for the vote and members responded "Aye," and the motion carried unanimously.
The board next moved to adopt the meeting agenda. Emily moved to adopt the agenda; Buzzy seconded. The presiding officer called the vote and members again responded "Aye." The motion passed unanimously.
The authority then held a public hearing on a proposed revision to the fiscal year 2025 LBA budget. The presiding officer opened the hearing under the established rules and, seeing no public comment, closed the hearing and asked for discussion. Buzzy moved to approve the proposed FY2025 LBA budget revision; Emily seconded. The presiding officer called the vote and members responded "Aye." The motion passed unanimously.
A second public hearing followed on the proposed fiscal year 2026 LBA budget. The presiding officer opened the hearing, received no public comment, and closed it. Emily moved to approve a resolution adopting the proposed FY2026 LBA budget; Joni, a member, seconded. The presiding officer called the vote; members replied "Aye," and the resolution passed unanimously.
The meeting concluded with a motion to adjourn moved by Buzzy and seconded by Emily. The presiding officer called for the vote, members responded "Aye," and the meeting adjourned.
Votes at a glance: - Motion to convene as Local Business Building Authority — moved by Buzzy; seconded by Emily; outcome: approved (unanimous). - Motion to adopt meeting agenda — moved by Emily; seconded by Buzzy; outcome: approved (unanimous). - Resolution approving revision to FY2025 LBA budget — moved by Buzzy; seconded by Emily; outcome: approved (unanimous); public hearing: opened and closed with no public comment. - Resolution adopting proposed FY2026 LBA budget — moved by Emily; seconded by Joni; outcome: approved (unanimous); public hearing: opened and closed with no public comment.
No statutes, ordinances, funding breakdowns, project-level allocations, or public comments on budget specifics were recorded in the meeting transcript.
