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StoryComm reports $367,800.25 FY26 Q2 balance, approves agenda, minutes and consent agenda
Summary
At the Feb. 18 meeting StoryComm approved routine business (agenda, prior minutes, consent agenda) and reviewed finances: FY26 Q2 ending balance $367,800.25, a $355,119.81 transfer into capital fund (capital fund now $2,000,000), and an audit bill of $14,313 to be charged to Q3 with a recommended $7,000 Services-line increase to the FY27 budget.
The StoryComm Board of Directors approved the agenda, the Nov. meeting minutes and the consent agenda at its Feb. 18 meeting in Ames; all three motions carried unanimously.
The board received a fiscal update showing FY26 Q2 actual ending balance of $367,800.25. Notable large expenses reported were annual system maintenance, guaranteed radios maintenance fees, insurance premiums and a lease payment. Following the November meeting, the board transferred $355,119.81 into the capital fund, bringing that fund to $2,000,000.
The FY27 proposed budget was last presented in November. An audit bill for $14,313 was received and will be charged to Q3; staff recommended increasing the FY27 Services line by $7,000 to cover audit costs, and the board will vote on that proposed modification at the next meeting.
The minutes include a list of paid bills for Oct. 1–Dec. 29, 2025, including payments to RACOM ($247,150.44), LMC Insurance & Risk Management ($46,551.00), ISU DPS (multiple entries), and others. The board recorded no old business or new business and adjourned at 2:43 p.m.
The minutes were submitted by Amanda Pyle on behalf of the Story County 911 Board.
