Humboldt Bay Harbor District adopts $10.34 million FY 2026–27 budget amid tight cash flow

The Humboldt Bay Harbor Recreation and Conservation District board on Tuesday approved Resolution 2609, adopting a $10,341,617 final budget for fiscal year 2026–27. President Coleman moved to adopt the resolution; the measure passed on a roll-call vote with Commissioner Benson recorded as absent and four members voting yes.

Staff framed the budget as constrained by heavy debt-service obligations and relatively low facilities-repair funding. “We have a budget of $10,341,617,” a staff member told the board, listing major revenue categories and noting that grant agreement receipts and cooperative agreements make up large portions of the district’s income. The staff presentation highlighted $550,000 in permits and fees, roughly $4,275,000 in grant agreements and about $2,050,000 in cooperative agreements.

Board members heard that insurance and interest costs, plus principal repayment, are significant drivers of the constrained net position. The staff report listed insurance at about $173,000, interest expense near $269,000 and facilities repairs funded at roughly $125,000 — a level staff said has been compressed by ongoing debt service. The motion passed on a roll-call vote: Newman — yes; Norton — yes; Dale — yes; Benson — absent; Coleman — yes.

The board did not take further amendments; President Coleman declared the motion carried and adjourned the meeting. The district’s packet and cash-flow charts were referenced during the discussion; staff indicated follow-up presentations would be available for members seeking more detailed cash-flow analysis.