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WCIDA reviews finances; $1,000,000 deposited into money market
Summary
The board reviewed account balances and the 2026 Budget vs. Actuals; staff reported a $1,000,000 deposit into the money market account and noted yields/different dividend behavior year over year.
The WCIDA board received the Fiscal Officer's report covering account balances, money market activity, and the 2026 Budget vs. Actuals.
Fiscal Officer Ryan Gentile reviewed balances and performance; Deputy Director Katie Bronson noted a $1,000,000 deposit into the money market account. Board members compared February 2025 to February 2026 figures, noting similar balances but lower yields and higher dividends in the latter period. Gentile walked through the Budget vs. Actuals report for 2026; no motions or changes to the budget were proposed at the meeting.
No other questions were presented during the fiscal report. Staff did not propose budget amendments at this session.
