The Commission worked through their 2025 Budget Review. The finance subcommittee is currently revising a draft policy for gifting while planning to operate with a budget assumption of $4,000 annually for regular activities. This budget does not account for gifts or grants, focusing solely on operational costs and historical spending patterns. The O’Connor Fund has a current balance of $426,000, with $57,000 available for spending. Future replenishments are estimated to add about $66,000 for next year. A significant portion of the budget is earmarked for grants, emphasizing the importance of strategic financial planning. This ensures the fund can continue to support community initiatives effectively.
