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Bakus re-elects three directors as treasurer reports modest net loss and falling municipal support
Summary
At its 2026 annual meeting, Bakus re-elected three directors to three-year terms and received a treasurer's report showing a modest net loss, falling program and membership revenue, and a continued reliance on rental income and donations.
Julie Barowski, president of the Bakus board, opened the annual meeting and the board re-elected Tim Fairchild, Lori Knapp and Joe Nicolansy to three-year terms after a voice vote approving the slate.
Treasurer Tim Fairchild presented the financial statements for the year, summarizing the balance sheet, liabilities and income statement. He said current assets provide a strong cash position, and the board has recorded building improvements and equipment purchases in the past year, including a boiler replacement the treasurer…
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