
Greg Smith
226:54 - 227:34
"I'm looking at their balances, you know, at one point It felt not long ago their fund balance was $30, $40-something million. Amended FY26 is potentially $64 million with a potential increase to the fund balance of $6,800,000."
“I'm looking at their balances, you know, at one point It felt not long ago their fund balance was $30, $40-something million. Amended FY26 is potentially $64 million with a potential increase to the fund balance of $6,800,000.”
Um, and I, I'm looking at their balances, you know, at one point It felt not long ago their fund balance was $30, $40-something million. Amended FY26 is potentially $64 million with a potential increase to the fund balance of $6,800,000. And again, this is proposed and projected and all kinds of a similar number, $6.5 million for FY27. Um, we're in a tough spot. Um, I I, you know, we had been told that taking, you know, taking Rainforest off their hands, I believe, was a, you know, it was a, it was a million-dollar loss or something for them.
The Juneau Assembly Finance Committee voted Wednesday night to cut $736,000 in recurring expenses from the city's operating budget, but the city still faces a projected fund balance deficit of $687,000 for fiscal year 2027.

The Juneau Assembly Finance Committee voted 5-4 Wednesday night to reduce Travel Juneau's hotel bed tax funding by $400,000 on a recurring basis, cutting the destination marketing organization's budget from roughly $1.27 million to about $867,000.
