Kat Sorensen
38:52 - 39:20
“And so you'll see here on this slide, in FY24, that admin fee was $1.10 million, just shy of that, or $30,000 shy of that. In '25 and '26, we budgeted for that to drop even further, or drop further, down to about $700,000. And in '27 and '28, we're budgeting about $678,000.”
- Speaker
- Kat Sorensen
- Timestamp
- 38:52 – 39:20
- Community
- Alaska News
- Location
- Seward
- Captured at
- October 28, 2026
From the transcript
Okay, can I put out an idea that I had today? Okay, so over the past 5 years or so, we've been working on bringing down the general fund administrative fee. And so you'll see here on this slide, in FY24, that admin fee was $1.10 million, just shy of that, or $30,000 shy of that. In '25 and '26, we budgeted for that to drop even further, or drop further, down to about $700,000. And in '27 and '28, we're budgeting about $678,000.
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