1 00:00:12,600 --> 00:00:25,740 Yes, I'd like to call this meeting to order. Today, Tuesday, September 1st, 2026-630 p.m. I'd like to turn this over to Alyssa Silva for roll call. Vice President Terrione. 2 00:00:26,760 --> 00:00:36,000 here. Secretary Green? Yeah. Director Mort? Yeah. Director Sutton? Here. Director Yardley? Yeah. 3 00:00:36,540 --> 00:00:42,740 Director Eris? Yeah. Director Albert? Yeah. There is a quorum present to conduct the meeting. 4 00:00:47,980 --> 00:00:53,740 Next, we have the minutes to the board meeting from September 2nd, 2025. 5 00:00:55,580 --> 00:01:01,380 any comments and also we'll need a motion. If you have a motion go prove the 6 00:01:01,380 --> 00:01:08,680 minutes. Okay we have a motion by John Green and a second by Tom Yardley. 7 00:01:08,680 --> 00:01:16,300 Tom Yardley. All those will need a motion. I mean we'll need to vote. 8 00:01:23,360 --> 00:01:23,720 Start with 9 00:01:25,580 --> 00:01:27,260 Motion carry. Motion carry. 10 00:01:30,170 --> 00:01:36,730 X. We have the election of officers. I would like to nominate 11 00:01:37,650 --> 00:01:40,850 John Green for President. 12 00:01:45,360 --> 00:01:46,900 Gary more for Secretary, 13 00:01:51,660 --> 00:01:54,040 and for Vice President myself, Terry Owen, 14 00:01:55,100 --> 00:02:02,620 and Treasurer Adilia Martin with Executive Officer Randy Wright. I will need a motion 15 00:02:03,500 --> 00:02:05,920 I mean I need a vote. 16 00:02:06,140 --> 00:02:06,640 I'll second. 17 00:02:08,700 --> 00:02:08,900 Okay. 18 00:02:08,900 --> 00:02:09,780 Thank you. 19 00:02:10,560 --> 00:02:10,680 Okay. 20 00:02:11,060 --> 00:02:11,700 All those. 21 00:02:11,920 --> 00:02:15,060 And if we can start the vote by Mr. Yardley. 22 00:02:17,280 --> 00:02:17,620 Four. 23 00:02:19,480 --> 00:02:19,640 Four. 24 00:02:21,920 --> 00:02:22,220 Okay. 25 00:02:22,960 --> 00:02:23,260 Okay. 26 00:02:23,520 --> 00:02:24,720 And I'm going to turn that over to John. 27 00:02:26,320 --> 00:02:26,420 All right. 28 00:02:26,440 --> 00:02:32,660 I'll take over from here for the adoption of the fiscal year 2026-2027 budget. 29 00:02:32,660 --> 00:02:38,480 Board of Directors will consider action to adopt the budget for fiscal year 2026-2027. 30 00:02:40,440 --> 00:02:43,740 Good evening, President, and members of the board. 31 00:02:44,440 --> 00:02:48,220 I'll start with a brief recap of how we expect to end the current year. 32 00:02:48,660 --> 00:02:54,100 Cells tax continues to perform well for fiscal year 26 collections were projected to bring 33 00:02:54,100 --> 00:03:00,660 in 6% above budget and 8% over last year's collections, over the past 18 months. 34 00:03:00,660 --> 00:03:07,380 we've averaged approximately 12% growth, however, for our fiscal year 27 budget, we do remain 35 00:03:07,380 --> 00:03:15,000 conservative and project 7%. So overall, we expect to end fiscal year 26 with about 3.69 36 00:03:15,000 --> 00:03:21,920 million in revenues and 3.6 million in expenditures, which adds $86,000 to our fund balance, 37 00:03:22,360 --> 00:03:29,480 and that brings it to 1.53 million. Moving ahead to fiscal year 27, we're budgeting 2.3 million 38 00:03:29,480 --> 00:03:35,400 revenues and 3 million and expenditures. The difference in the two is the use of approximately 39 00:03:35,400 --> 00:03:42,020 $700,000 of fund balance to support the LED fund. So even with that plan to draw, we 40 00:03:42,020 --> 00:03:48,720 expect to end fiscal year 27 with about $825,000 in fund balance. And that represents 41 00:03:48,720 --> 00:03:57,040 $39% of operating expenditures, which is well above our benchmark of 30%. So with that, 42 00:03:57,040 --> 00:04:04,040 staff recommends approval of the fiscal year, 27 budget has presented and I'm happy to answer any questions you might have. 43 00:04:04,800 --> 00:04:06,640 Any comments or questions for Mr. Martin? 44 00:04:06,900 --> 00:04:07,460 I have a question. 45 00:04:07,760 --> 00:04:14,960 So the 720,000 transfer to the LED and you say that should decrease in out years. 46 00:04:15,380 --> 00:04:15,940 Correct. 47 00:04:16,260 --> 00:04:19,600 As the LED develops, we expect that to decrease over subsequent years. 48 00:04:19,720 --> 00:04:22,180 So is that basically just kind of subsidizing the LED? 49 00:04:22,360 --> 00:04:24,280 There's a portion of it is a subsidy. 50 00:04:24,280 --> 00:04:30,280 There's personnel in operating expenses that are part of that budget and the subsidy is about $300,000. 51 00:04:32,880 --> 00:04:34,080 Thank you. 52 00:04:34,160 --> 00:04:36,340 The comments questions? 53 00:04:37,560 --> 00:04:41,540 You have the budget presented before you can get in a form of emotion. 54 00:04:42,100 --> 00:04:42,980 Motion to approve. 55 00:04:43,480 --> 00:04:43,840 Second. 56 00:04:44,720 --> 00:04:51,260 I think we've got a motion by Councilman Moore and a second by Commissioner Tom Yardley to adopt the fiscal year 57 00:04:51,260 --> 00:04:55,520 2020-2627, Portland Community Center Complex Development Cooperation 58 00:04:55,520 --> 00:04:59,180 Vuzzet, as for the senate, we'll begin to vote with Councillor 59 00:04:59,180 --> 00:04:59,540 Rose. 60 00:05:00,000 --> 00:05:08,160 Four, four, four, four, four, four, motion carries 7-0, 61 00:05:11,120 --> 00:05:13,240 and let's see here next item on the 62 00:05:13,240 --> 00:05:19,560 agenda is board member and staff comments concerning items of community interest. Let's see, 63 00:05:19,680 --> 00:05:27,700 I guess we'll move down the table, I guess I'll say that, you know, I get a lot of compliments 64 00:05:27,700 --> 00:05:35,360 on the city's facilities, whether it's the community center, the pool, and the Fithinel 65 00:05:35,360 --> 00:05:35,800 complex. 66 00:05:36,120 --> 00:05:40,820 All of those, I get a lot of compliments on, in fact I was just next door for another meeting 67 00:05:40,820 --> 00:05:45,200 earlier, and so many of that meeting news coming over, and they pulled me aside and said, 68 00:05:45,900 --> 00:05:51,060 hey, make sure that they know that they have a very nice facility, and they appreciate that 69 00:05:51,060 --> 00:05:54,080 we maintain them and keep them up, and we use them. 70 00:05:54,080 --> 00:05:58,860 And his example was, you know, there's a neighboring community that has a community set 71 00:05:58,860 --> 00:06:02,300 or a type thing, and he says, we go over there, the doors are locked and nobody's there. 72 00:06:02,760 --> 00:06:06,920 You come here and ours is being used, there's people over there right now, they're all 73 00:06:06,920 --> 00:06:07,600 kind of things. 74 00:06:08,580 --> 00:06:09,380 So, very good. 75 00:06:10,520 --> 00:06:11,480 Thank you, Mr. Yardley. 76 00:06:12,280 --> 00:06:12,620 Nothing then. 77 00:06:14,160 --> 00:06:14,940 I have nothing. 78 00:06:16,080 --> 00:06:16,380 I have nothing. 79 00:06:16,380 --> 00:06:17,240 Nothing at all. 80 00:06:17,260 --> 00:06:17,480 Right? 81 00:06:18,440 --> 00:06:23,380 I was kind of second with Tom said, a nice facility, folks are always in it. 82 00:06:23,380 --> 00:06:25,440 And I think the one thing that we just need 83 00:06:25,440 --> 00:06:27,400 to continue to work on is making sure 84 00:06:27,400 --> 00:06:29,060 people know it's there. 85 00:06:29,500 --> 00:06:31,640 And we do an informational, at least once a year, 86 00:06:32,560 --> 00:06:35,300 but there's some subset of people that are very hard 87 00:06:35,300 --> 00:06:37,620 to inaculate with information. 88 00:06:38,180 --> 00:06:39,400 So I don't know how to get to them, 89 00:06:40,260 --> 00:06:41,710 but hopefully we figure it out. 90 00:06:43,280 --> 00:06:44,000 Gospela, is? 91 00:06:44,120 --> 00:06:44,640 No comment. 92 00:06:44,940 --> 00:06:49,080 I'm agreeing with Zach and Tom as well. 93 00:06:49,760 --> 00:06:51,940 I mean, great compliments from people this week, 94 00:06:51,940 --> 00:06:53,860 and especially over at the moment. 95 00:06:57,140 --> 00:06:59,660 And I echo the same comments from everybody. 96 00:07:00,200 --> 00:07:02,820 You can't really, just the events that are held 97 00:07:02,820 --> 00:07:04,380 at our community center and the things 98 00:07:04,380 --> 00:07:05,620 that are held throughout our parks 99 00:07:05,620 --> 00:07:09,140 and recreation, or throughout the year, unbelievable 100 00:07:09,140 --> 00:07:11,380 the number of comments we get from folks. 101 00:07:11,840 --> 00:07:13,320 People come in from all areas 102 00:07:13,320 --> 00:07:16,280 and the region, basically, to visit Portland to see these things. 103 00:07:16,880 --> 00:07:18,860 So come to those to the staff who manage it, 104 00:07:18,860 --> 00:07:22,640 as well as the team who make sure our budget's on track. 105 00:07:22,640 --> 00:07:29,340 So anyhow that being said, I think that will end our meeting for the tonight at 637. 106 00:07:30,060 --> 00:07:31,180 Thank you all for being here.