Council approves carryovers for unfinished capital and consulting work; staff to report final audited year‑end in December

The council on Oct. 8 approved staff requests to carry forward budgeted items from fiscal year 2024‑25 into 2025‑26. Carryovers included capital projects (street overlay and ATP pedestrian/bikeway phases), finance and city‑manager office consulting and work‑in‑progress items such as purchasing policy and personnel handbook development.

City finance staff said revenues are tracking and most major expenses are below budget so far. A preliminary review suggested the city may end FY24‑25 with roughly $2 million more than earlier anticipated, but staff emphasized the audit had not been completed and said the final audited numbers would be presented in December. Staff asked council to treat the $2 million note as provisional until the audit is finalized; council members requested the city bring the final audited report to the budget committee for review in December.

Carryover approvals covered items already appropriated in the prior fiscal year; staff stressed these are not new appropriations but completion of previously authorized projects and contracts. Council approved the carryover items on a roll call vote (motion passed with one no and one abstention recorded during roll call).

Ending: Staff will finalize the FY24‑25 audit and return with a full year‑end report and the budget committee will be asked to review the audited results in December.