Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
Commission approves $216,000 FY27 supplemental budget request; CFO outlines improved fund balance outlook
Summary
CFO Kristin DeHanson presented a FY26 revenue/expenditure update and a $216,000 supplemental request for FY27; commissioners approved the supplemental request and staff said projected fund balance at the end of the biennium is now approximately $2 million.
Kristin DeHanson, the commission’s chief financial officer, presented a fiscal update covering July–April of fiscal year 2026 and a proposed FY27 supplemental budget request totaling $216,000. She said forecasted revenue for that period was $14,900,000 while actual revenue was approximately $14,600,000 and attributed a modest revenue variance to late QLR filings connected to the legacy system transition.
DeHanson outlined expenditures and obligated funds, including continued IT modernization costs and a previously approved up-to-$2,000,000 contract for post go-live enhancements. She said available fund balance as of April 30 was about $1,100,000 and that, with the supplemental request and contract obligations, the commission now projects an end-of-biennium fund balance of roughly $2,000,000. Commissioners moved to approve the FY27 supplemental request as presented; the motion passed.
DeHanson also briefed commissioners on the statewide revenue forecast and asked whether the commission would like staff to present information in the fall on fee structure and authority to set fees in light of statewide budget pressures.
"Our forecasted revenue for that period was 14,900,000. Our actual revenue for that time period was 14,600,000," DeHanson said during the presentation.
