The Waterford City Council unanimously approved Resolution 2025‑57 to make final year‑end budget adjustments for fiscal year 2024‑25.

Finance staff presented a breakdown of the requested changes: a $110,679 increase in general fund expenditures; matched adjustments to the gas tax fund of $22,301 in both revenues and expenses; a $224 increase in the local transportation fund; a $1,953 revenue increase and $1,985 expense increase to the city facilities impact fee fund; a $3,692 expense increase for parks and recreation; and a $1,541 expense increase for the Waterford Public Financing Authority.

Staff explained department variances. Planning ran over budget by $147,560 owing to unexpectedly heavy development activity; streets exceeded budget by $34,187 largely because of wages, equipment maintenance and emergency repairs; parks were over by $23,634 primarily for electrical repairs at the pavilion. Finance noted total general‑fund revenues actually exceeded budget projections by $166,654, leaving the overall general fund $55,975 in surplus versus the original budget.

Finance staff said the city had planned to use some reserves for a community center project and that the final reserve balance was higher than midyear estimates. After council questions and public comment, a motion to approve the resolution carried on a 5‑0 vote.