• Total Revenue: $33.80 million
Salaries and Benefits: 20.82 million
Operating Expenses: $14.73 million
Contingency/Transfer: $817,543
Debt Service: 1.69 million
Total expenses: $36.37 million
Net Surplus: 4.96 million
Salaries and Benefits: 20 million
Operating Expenses: $13.37 million
Contingency/Transfer: $431,669
Debt Service: 1.33 million
Total expenses: $33.80 million
Net Surplus: 0
FY26 Revenue Projection: $12.6 million
FY26 Expenses: $11.6 million
FY26 Net Surplus: Approximately $931,655
FY27 Revenue Projection: $10.59 million
FY27 Expenses: $10.57 million
FY 27 Net Surplus: $14,465
iii. Capital Projects and Asset Preservation Pool (Action Item).
- Dr. Bigard provided a summary of the documents dating back to FY22, which she will bring before the board each time there is a change in the cost of a project as well as seeking approval from CPE.