Agenda
[0:07]
CALL TO ORDER: BOARD PRESIDENT
[0:22]
ROLL CALL: SECRETARY
[0:46]
MINUTES: THE BOARD OF DIRECTORS WILL CONSIDER THE MINUTES OF ITS SEPTEMBER 2, 2025 MEETING – BOARD PRESIDENT AND FINANCE DIRECTOR
[1:31]
ELECTION OF OFFICERS: THE BOARD OF DIRECTORS WILL ELECT A PRESIDENT, VICE-PRESIDENT, SECRETARY, AND TREASURER FOR ONE-YEAR TERMS – BOARD PRESIDENT
[2:29]
ADOPTION OF FY 2026-2027 BUDGET: THE BOARD OF DIRECTORS WILL CONSIDER ACTION TO ADOPT THE BUDGET FOR FISCAL YEAR 2026-2027 - FINANCE DIRECTOR
[5:12]
BOARD MEMBER AND STAFF COMMENTS CONCERNING ITEMS OF COMMUNITY INTEREST THAT MAY NOT BE DISCUSSED:
[7:27]
ADJOURNMENT: BOARD PRESIDENT
Transcript
AI TRANSCRIPT
This transcript was generated automatically from audio using AI and hasn't been reviewed by a person — it can contain mistakes, including plausible-sounding sentences that were never actually said. Treat it as a starting point, not a verbatim record.
[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.