Housing Authority board to review Feb. 2026 financials at April 1 meeting

The Jackson/Teton County Housing Authority board is set to review its February 2026 financials during its April 1 regular meeting. The packet includes a balance sheet showing total assets of about $54.1 million and cash/checking balances of about $2.19 million as of Feb. 28, down roughly $419,000 from the prior month. Housing Authority Meeting Agenda Packet

The balance sheet also lists Housing Authority-held restricted and debt-related accounts, including about $1.09 million in a “2019 SPET Restricted Fund,” about $2.05 million in a “2019 SPET Unrestricted Fund,” and about $2.24 million in a “Debt Service Fund.” The packet shows 90 Virginian Lane accounts both as a major land asset (about $27.1 million) and as a “CIP - 90 Virginian Lane” line item (about $259,525). Housing Authority Meeting Agenda Packet

No separate staff memo flags a deficit or recommends a specific corrective action tied to the February numbers; the agenda lists the financial review as an information item. Board discussion, if any, may focus on liquidity, debt and timing of large cash draws as work continues on the 90 Virginian Lane development and other projects listed under “Land & Projects.” Housing Authority Meeting Agenda Packet