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Sarasota pension board adopts FY2027 administrative budget, flags unknown ADA compliance costs
Summary
The General Employees Pension Plan Board of Trustees approved a FY2027 administrative expense budget with a proposed ~2.5% increase and discussed new April 1 ADA requirements for posted materials, noting potential but unspecified additional costs and that internal budget adjustments could be requested later.
The General Employees Pension Plan Board of Trustees on March 26 approved its proposed administrative expense budget for fiscal year 2027, adopting a roughly 2.5% increase in the plan’s administrative grand total.
Miss Martin presented the budget and described the line items; board members asked whether the travel and training allotments would be sufficient. "Do you feel that amount is enough to cover?" a trustee asked during discussion. Miss Martin replied that she was comfortable but noted the board can request budget adjustments later if needed without submitting them to the City Commission.
Members also raised upcoming federal accessibility requirements affecting meeting materials. Miss Martin warned the board that, beginning April 1, attachments posted with agendas must be ADA compliant and that the plan will run files through an Adobe checker; if materials fail the check the presenters will be asked to revise them before posting. She said the city has been notified and that internal procedures may limit accepting materials at meetings if due diligence cannot be completed.
A motion to approve the proposed FY2027 administrative expense budget was moved by Vice Chair Nicholas and seconded by Treasurer Strickland; the board voted unanimously to adopt the budget as presented.
The board did not quantify expected ADA-related costs during the meeting. Members said those costs are uncertain and may require a later budget adjustment; Miss Martin noted the city is exploring compliance tools but that firm cost estimates were not yet available.
Votes at a glance from the meeting: approval of the 02/19/2026 minutes (unanimous); approval of the FY2027 administrative expense budget (unanimous). The board adjourned at 11:33 a.m.
