Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget Projection topic
No spam. Unsubscribe anytime.
Library projects FY26 to end about $6,000 underspent after IT invoice
Summary
Director Deann Hunter reported the FY26 budget is projected to be underspent by about $6,000 due to unexpended salaries; the projection worsened by $1,000 after an unanticipated City IT invoice for exceeding the allotted support.
Director Deann Hunter reported routine bookkeeping items and an updated year-end projection for FY26.
"The FY26 current projection is that the overall bottom line budget will be underspent by approximately $6,000 (six thousand dollars) due to unexpended salaries. This is $1,000 (one thousand dollars) less than last month’s projection resulting from an unanticipated invoice from the City’s IT Department for exceeding our IT support allotment for the year." Trustees discussed the bond report and contingency funds; the Finance Committee will begin meeting monthly at a time to be determined.
