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Gresham-Barlow committee to discuss reserve exception and possible local option levy at next meeting
Summary
Committee members asked staff to prepare an EFB resolution for the May meeting and discussed the potential of a local option levy to address ongoing program cuts; no formal decision was made.
Board Chair Blake Petersen and committee members said the board will prepare a resolution related to the Ending Fund Balance (EFB) for consideration at their May meeting and work with leadership on whether to adopt a policy exception to restore reserves more quickly. Petersen described the process as an opportunity for the board to debate the pace of reserve restoration and balance technical budget needs with community priorities.
Committee members asked about the possibility of a local option levy — a recurring local tax for programs and people distinct from a bond for buildings — and requested that staff outline what timing and community engagement would look like. The committee also agreed to collect written public comments and give priority to speakers who had not yet testified at a follow-up meeting. No vote on a levy or policy exception occurred at the April 29 meeting.
