Opinions expressed are solely my own and do not express the views of the Town of La Plata.
This is the second podcast series about the Town Council’s review of the FY 2026 Operating, Capital Improvement Plan (CIP), and Enterprise Funds (water, sewer, sanitation, stormwater management) proposed budgets.
This episode is about the Town Council’s second review of the proposed Operating Budget, and first review of two proposed draft versions of FY 26 Enterprise Funds (Water, Sewer, Sanitation, Stormwater Management, with the 457 Deferred Compensation, and with Pension, plan, from the March 25, 2025, Town Council meeting.
The draft Enterprise budgets were emailed to the Council at 11:35 AM on Friday, March 21, 2025. I emailed my initial Enterprise draft budget comments and questions to the Finance Director and Town Council on Sunday, March 23, 2025.
The sources for this podcast/video are materials provided to the Town Council for those items on the published Town Council agenda and posted to the public and emailed to the Council, Friday, March 21, 2025.
The Finance Committee provided additional information to the Town Council at the meeting. Finance Comm materials 25mar25
*Fact Sheet: The State of US Public Pensions in 2024
*Sources for 457 (b) Vs Pension Plan Comparison
La Plata YouTube – March 25, 2025, Town Council meeting
*Monthly Finance Report – Finance Director Larsen – Minute 10:18
*Finance Committee Discussion /FY 2026 Enterprise Budgets Discussion – Minute 28:12
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