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PlayEast board hears FY24-25 budget recap; staff says fund balance and revenue remain healthy
Summary
PlayEast Recreation Board reviewed FY24-25 audited corrections and projections. Staff reported revenue modestly above budget, a $30,000 personnel overrun tied to grant-funded staff time, and an ending fund balance near $178,000; the board approved the June minutes and discussed next budget steps.
The PlayEast Recreation Board on Tuesday reviewed a recap of the FY24-25 budget and heard staff say the program remains financially healthy despite several line-item corrections.
"Our PlayEase budget is a healthy budget even with these numbers that will be shown today," the recreation director said, describing audited figures and adjustments. Staff told the board the program budget had nearly $150,000 in revenue budgeted for the year and that audited corrections and a reclassification of a $9,000 Multnomah County partnership payment would change some line items.
Board members pressed staff for clarifications about beginning fund balances and intercity contributions. The director said the current ending fund balance is close to $178,000 and that a missing contribution from Gresham of about $10,000 and other corrections will increase reported revenue further once processed.
Staff also reported personnel services are overextended by roughly $30,000. The increase was attributed in part to a county grant from an earlier biennium that funded additional staff time; some of that grant-funded staff time was rolled forward into the second year of the biennium and increased expenditures for personnel services.
A member summarized the operating picture: the board is structurally sustainable but must account for one-time grants and correct where revenues were misclassified. The recreation director said she expects further adjustments that will show the program in a stronger position once reconciliations are complete.
Procedural items: earlier in the meeting a member moved to approve the June minutes as written; a second was offered and the board voted 'aye' with no recorded opposition.
The board discussed next steps for the formal budget calendar: staff will bring updated numbers to future meetings and the board will review changes before city-level budget submissions later in the cycle.
