Board Approves Revised Fiscal Year 2024-25 Budget Reflecting Reduced Expenses

The Board of Directors approved the revised budget for fiscal year 2024-25 at its April 24th meeting. The budget was revised due to total expenses being less than what was originally proposed.

Adjustments were made across several categories, including increased funding for professional services and public information, and a reduced budget for legal fees, engineering services, and staff expenses.

The revised budget reflects the projected expenses for the remainder of the fiscal year and results in an overall reduction in total expenses. The resulting $29,430 surplus will be held in reserves for member agency participant balances.

North Kings GSA remains in good financial standing and continues to monitor its budget for the remainder of the fiscal year, which will conclude on June 30, 2025.