Las Vegas Medical District Corporation approves FY 2026–27 operating budget and adopts Oct. 27 minutes

The Las Vegas Medical District Corporation approved its FY 2026–2027 operating budget and adopted minutes from the Oct. 27, 2025 meeting during a January session.

Kelly Swanson, administrative officer for economic and urban development, presented the budget summary, saying the corporation’s recurring accounts include banking fees of about $800, secretary-of-state dues and subscriptions of about $500, and insurance premiums for directors and officers and general liability totaling nearly $3,000. Swanson said the expected bank balance at the end of fiscal year 2027 would be $12,541.

Following the staff report, an unnamed board member moved to approve the operating budget. The board approved the motion by voice vote; two ayes were recorded and the chair announced that the motion carried. Earlier in the meeting the board approved a motion to adopt the final minutes of the Oct. 27, 2025 regular meeting by voice vote; that motion also carried.

During both public-comment periods on the agenda, no members of the public addressed the board. Director Janssen was excused during roll call; Director Heltzley and Director Cortez were recorded as present and the chair announced a quorum.

No ordinances, resolutions, contracts, or funding authorizations beyond the operating-account summary were presented for further action at the meeting. The board closed the public-comment items after receiving no speakers.