The bill outlines the approved operating budget for fiscal years 2025 and 2026, detailing specific allocations for various expenses. For FY 2025, the total operating budget is set at $298,000, while for FY 2026, it is proposed to decrease to $268,000. Notable changes in the budget include a reduction in legal fees from $40,000 to $20,000 and a decrease in administrative services from $60,000 to $45,000.

Additionally, the budget for actuarial valuations and other related expenses is slightly increased from $160,000 to $165,000, while the allocations for directors and officers/fiduciary insurance remain unchanged at $35,000. Overall, the bill reflects a strategic adjustment in funding priorities, aiming to streamline operational costs while maintaining essential services.