7.21.26 Board Briefing

The MultCoBoard held a work session on July 21, 2026, focused on reviewing economic modeling scenarios for the Preschool for All program. The discussion centered on updated population forecasts, tax increase timing, seat cost assumptions from a recent true cost study, and reserve fund levels to sustain the program through economic downturns. Various scenarios were modeled, including delays in tax increases, changes in participation rates, and administrative costs related to income attestation for families above self-sufficiency thresholds. Board members debated reserve fund adequacy, with proposals ranging from 15% of anticipated revenue to reserves covering one or two years of operating costs, highlighting the need for a balance between fiscal stability and program continuity. The session also touched on potential impacts of diverting interest earnings and policy considerations for future tax structures. No formal votes were recorded, but action items included further scenario analysis and a follow-up work session scheduled for August 11, 2026.