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Board approves fiscal-year 2026 LTFM 10-year revenue and expenditure projections
Summary
Board approved the district's LTFM 10-year revenue and expenditure projections for FY2026 and authorized publishing the report; finance committee noted a healthy contingency fund and planned multi-year facilities replacements.
A motion to approve the fiscal year 2026 LTFM (10-year) revenue and expenditure projections was moved and passed. A finance committee member highlighted a contingency fund that had been over $200,000 and reported it is currently healthy after credits and adjustments.
The committee discussion also identified planned facilities work in the 2–3 year horizon, including replacing steam pipes and a condensate tank. The board approved publishing the projection report and asked staff to continue aligning facilities work with the long-term funding model.
