June 2026 financials: expenditures just below midyear benchmark, revenues above three-year average

A finance presenter reviewed the June 2026 financial statements and told the board that the general fund benchmark for midyear is 50% of budget; year-to-date expenditures were 49.7%, slightly below that benchmark. "As you can see, the general fund benchmark would be 50%...and our year to date expenditure total is below that benchmark, which is positive at 49.7%," the presenter said.

The presenter also noted year-to-date revenue percent at 25.6%, above the three-year average of 25.1%, and said staff have annotated the statement where expenditures exceed budget or benchmark. The board moved to receive the financial report without further action.