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Lamoille FiberNet board approves draft 2025 budget of $1,798,679 and schedules public hearing
Summary
After an executive-session discussion, the board voted unanimously to approve a draft 2025 administrative budget totaling $1,798,679 and set a public hearing for Nov. 13 and adoption for Dec. 11; the draft includes a 10% contingency and a shift toward contractors and compliance work.
The Lamoille FiberNet Governing Board approved a draft 2025 administrative budget totaling $1,798,679 and scheduled a public hearing for Nov. 13, with final adoption slated for the Dec. 11 meeting.
Executive Director materials presented a draft that is 14% larger than the version discussed in March, shifts spending from personnel to contractors, includes legal expense contingencies that may be shared with other community broadband districts, and adds a 10% contingency. Lisa Birmingham noted the organization is “building towards sustainability” and that administering the Long Drop program will require documentation and contractor support.
Paul Warden moved that the board approve the draft 2025 budget as presented; Trevor Braun seconded and the motion carried unanimously. The board also set Committee and meeting dates for Q4 as part of the process toward final adoption.
Board discussion included whether the organization needed a physical office if it has no staff and whether underspending in other categories could be reallocated to long-drop construction; the ED and board members confirmed pre-construction funds cannot be reallocated without a grant amendment.
