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[0:12] 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.
[0:26] here. Secretary Green? Yeah. Director Mort? Yeah. Director Sutton? Here. Director Yardley? Yeah.
[0:36] Director Eris? Yeah. Director Albert? Yeah. There is a quorum present to conduct the meeting.
[0:47] Next, we have the minutes to the board meeting from September 2nd, 2025.
[0:55] any comments and also we'll need a motion. If you have a motion go prove the
[1:01] minutes. Okay we have a motion by John Green and a second by Tom Yardley.
[1:08] Tom Yardley. All those will need a motion. I mean we'll need to vote.
[1:23] Start with
[1:25] Motion carry. Motion carry.
[1:30] X. We have the election of officers. I would like to nominate
[1:37] John Green for President.
[1:45] Gary more for Secretary,
[1:51] and for Vice President myself, Terry Owen,
[1:55] and Treasurer Adilia Martin with Executive Officer Randy Wright. I will need a motion
[2:03] I mean I need a vote.
[2:06] I'll second.
[2:08] Okay.
[2:08] Thank you.
[2:10] Okay.
[2:11] All those.
[2:11] And if we can start the vote by Mr. Yardley.
[2:17] Four.
[2:19] Four.
[2:21] Okay.
[2:22] Okay.
[2:23] And I'm going to turn that over to John.
[2:26] All right.
[2:26] I'll take over from here for the adoption of the fiscal year 2026-2027 budget.
[2:32] Board of Directors will consider action to adopt the budget for fiscal year 2026-2027.
[2:40] Good evening, President, and members of the board.
[2:44] I'll start with a brief recap of how we expect to end the current year.
[2:48] Cells tax continues to perform well for fiscal year 26 collections were projected to bring
[2:54] in 6% above budget and 8% over last year's collections, over the past 18 months.
[3:00] we've averaged approximately 12% growth, however, for our fiscal year 27 budget, we do remain
[3:07] conservative and project 7%. So overall, we expect to end fiscal year 26 with about 3.69
[3:15] million in revenues and 3.6 million in expenditures, which adds $86,000 to our fund balance,
[3:22] and that brings it to 1.53 million. Moving ahead to fiscal year 27, we're budgeting 2.3 million
[3:29] revenues and 3 million and expenditures. The difference in the two is the use of approximately
[3:35] $700,000 of fund balance to support the LED fund. So even with that plan to draw, we
[3:42] expect to end fiscal year 27 with about $825,000 in fund balance. And that represents
[3:48] $39% of operating expenditures, which is well above our benchmark of 30%. So with that,
[3:57] staff recommends approval of the fiscal year, 27 budget has presented and I'm happy to answer any questions you might have.
[4:04] Any comments or questions for Mr. Martin?
[4:06] I have a question.
[4:07] So the 720,000 transfer to the LED and you say that should decrease in out years.
[4:15] Correct.
[4:16] As the LED develops, we expect that to decrease over subsequent years.
[4:19] So is that basically just kind of subsidizing the LED?
[4:22] There's a portion of it is a subsidy.
[4:24] There's personnel in operating expenses that are part of that budget and the subsidy is about $300,000.
[4:32] Thank you.
[4:34] The comments questions?
[4:37] You have the budget presented before you can get in a form of emotion.
[4:42] Motion to approve.
[4:43] Second.
[4:44] I think we've got a motion by Councilman Moore and a second by Commissioner Tom Yardley to adopt the fiscal year
[4:51] 2020-2627, Portland Community Center Complex Development Cooperation
[4:55] Vuzzet, as for the senate, we'll begin to vote with Councillor
[4:59] Rose.
[5:00] Four, four, four, four, four, four, motion carries 7-0,
[5:11] and let's see here next item on the
[5:13] agenda is board member and staff comments concerning items of community interest. Let's see,
[5:19] I guess we'll move down the table, I guess I'll say that, you know, I get a lot of compliments
[5:27] on the city's facilities, whether it's the community center, the pool, and the Fithinel
[5:35] complex.
[5:36] All of those, I get a lot of compliments on, in fact I was just next door for another meeting
[5:40] earlier, and so many of that meeting news coming over, and they pulled me aside and said,
[5:45] hey, make sure that they know that they have a very nice facility, and they appreciate that
[5:51] we maintain them and keep them up, and we use them.
[5:54] And his example was, you know, there's a neighboring community that has a community set
[5:58] or a type thing, and he says, we go over there, the doors are locked and nobody's there.
[6:02] You come here and ours is being used, there's people over there right now, they're all
[6:06] kind of things.
[6:08] So, very good.
[6:10] Thank you, Mr. Yardley.
[6:12] Nothing then.
[6:14] I have nothing.
[6:16] I have nothing.
[6:16] Nothing at all.
[6:17] Right?
[6:18] I was kind of second with Tom said, a nice facility, folks are always in it.
[6:23] And I think the one thing that we just need
[6:25] to continue to work on is making sure
[6:27] people know it's there.
[6:29] And we do an informational, at least once a year,
[6:32] but there's some subset of people that are very hard
[6:35] to inaculate with information.
[6:38] So I don't know how to get to them,
[6:40] but hopefully we figure it out.
[6:43] Gospela, is?
[6:44] No comment.
[6:44] I'm agreeing with Zach and Tom as well.
[6:49] I mean, great compliments from people this week,
[6:51] and especially over at the moment.
[6:57] And I echo the same comments from everybody.
[7:00] You can't really, just the events that are held
[7:02] at our community center and the things
[7:04] that are held throughout our parks
[7:05] and recreation, or throughout the year, unbelievable
[7:09] the number of comments we get from folks.
[7:11] People come in from all areas
[7:13] and the region, basically, to visit Portland to see these things.
[7:16] So come to those to the staff who manage it,
[7:18] as well as the team who make sure our budget's on track.
[7:22] So anyhow that being said, I think that will end our meeting for the tonight at 637.
[7:30] Thank you all for being here.