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.”
- Speaker
- Greg Smith
- Timestamp
- 226:54 – 227:34
- Community
- Alaska News
- Captured at
- May 20, 2026
From the transcript
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.
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