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Council approves first FY2026 budget amendment, covering CIP carry-forwards and grants
Summary
The council adopted the first amendment to the fiscal year 2026 budget to carry forward multiyear capital projects and add state and federal grant revenues; staff said the changes would not change property tax levies and would be covered by existing fund balances and bonds.
The Iowa City Council unanimously adopted the first amendment to the fiscal year 2026 budget on Tuesday, approving carry-forwards for capital improvement projects, state and federal grant revenues, and other financing adjustments.
Budget Management Analyst Angie Ogden presented the amendment, which carries forward capital projects and grants from the prior year. Ogden said the amendment…
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