Board of Governors Preliminarily Approves FY 2025-2026 Budget The FY 2025-2026 budget was approved by the Budget Committee and preliminarily approved by the 2024-2025 Board of Governors. The 2025-2026 Board of Governors will consider the final budget approval at its meeting in early June. Review the Budget Expenditure Update online at: https://www.lsba.org/documents/BOG/ProposedBudgetExpenditure.pdf.