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James Island council adopts mid‑year budget amendment, reports $300,000 net improvement
Summary
Council approved an amended FY2025–26 budget that increases revenues by $34,477 and decreases expenditures by $266,400, producing a net improvement of roughly $300,000, according to the town finance director.
The Town of James Island adopted a mid‑year budget amendment after hearing an explanation from Finance Director Mike Hammer.
Hammer told the council the amendment reflects a modest revenue increase of $34,477 and expenditure reductions of $266,400, primarily because certain capital projects will be paid from a hospitality‑tax fund (H‑tax) rather than the general fund. He described the net improvement to the town’s budget position as approximately $300,000.
Council approved the ordinance amending the Fiscal Year 2025–26 budget at first and second reading as required; a roll call vote showed unanimous support.
The finance director said staff will continue to monitor revenues and expenditures throughout the fiscal year and bring additional adjustments to council if needed.
