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Laconia trustees note roughly $7,000 FY26 underspend; Council adopts FY27 budget and board notes vacancies
Summary
At the June 25 meeting the Laconia Public Library Board of Trustees recorded a projected FY26 underspend of about $7,000, heard that the Council adopted the FY27 budget, approved routine minutes and financial reports, and discussed board vacancies and committee scheduling.
The board approved the May 21 minutes and accepted financial reports through May 31, 2026. Trustee Sally Sessler moved to accept the minutes and moved subsequent procedural motions; Marie Bradley and Matthew Johnson served as seconder and mover on separate votes recorded in the minutes.
Director Deann Hunter summarized a petty cash disbursement in May and said the FY26 bottom-line is projected to be underspent by approximately $7,000. The minutes record the underspend as an approximate figure; the directors and trustees did not present line-item details at the meeting.
Hunter also reported that "the Council" adopted the FY27 budget; the minutes do not identify which council body enacted the budget. The board recorded committee reports (Investment, Endowment, Personnel, Policy and Buildings and Grounds), including a note that an Investment Policy Statement discussion was deferred until the Investment Committee chair is present and that a Policy Committee meeting will be scheduled soon.
Chairman John Moriarty reported one full-seat vacancy and one alternate seat available on the board; alternate Michael Argiropolis expressed interest in filling a full seat. The meeting concluded with trustees setting future meeting dates and adjourning at 6:45 p.m.
The minutes do not provide numeric vote tallies for most motions; they record whether motions passed or passed unanimously.
