RESOLUTION NO. ID
RESOLUTION OF THE FORT BRAGG MUNICIPAL IMPROVEMENT DISTRICT BOARD APPROVING THE FISCAL YEAR 2025/26 FORT BRAGG MUNICIPAL IMPROVEMENT DISTRICT NO. 1 BUDGET WHEREAS, on June 10, 2025, the District Manager submitted to the Board of Directors (Board) the Fort Bragg Municipal Improvement District No. 1 Proposed Budget for FY 2025/26; and WHEREAS, on June 11th, 2024 the Board conducted a public noticed Budget workshop to review the Proposed Budget and receive input from staff and the public; and WHEREAS, at the meeting, the Board provided direction to staff for further revision of the Proposed Budget for FY 2025/26; and WHEREAS, on June 23rd , 2025, the District Manager submitted to the Fort Bragg Municipal Improvement District No. 1 Board the Final Budget for FY 2025/26; and.
WHEREAS, based on all the evidence presented, the District Board finds as follows:
The FY 2025/26 Budget provides a sound financial plan for the continued operations and capital improvements of the Fort Bragg Municipal Improvement District No. 1; and The FY 2025/26 Budget ensures sufficient revenues and appropriations to support the District’s operations, services, and infrastructure needs in the coming fiscal year.
NOW, THEREFORE, BE IT RESOLVED that the District Board of the Fort Bragg Municipal Improvement District No. 1 that the final operating and Capital Budget for Fiscal year 2025/26 is herby adopted as presented.
BE IT FURTHER RESOLVED that the copies of the FY 2025/26 Budget are on file in the offices of the District Clerk and the Finance Director/Treasurer, and shall be considered a part of this resolution.
The above and foregoing Resolution was introduced by Board Member __________, seconded by Board Member ___________, and passed and adopted at a regular meeting of the District Board of the Fort Bragg Municipal Improvement District No. 1 held on the 23rd day of June, 2025, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
JASON GODEKE
Chair
ATTEST:
Diana Paoli
District Clerk
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