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Council adopts midyear 2024–25 budget amendment ordinance; staff flags August debt payment
Summary
The council adopted Ordinance No. 20250527-009 amending the 2024–25 budget to account for midyear changes including a $90,000 increase for vehicle outfitting, reallocation of windstorm insurance costs, adjustments to industrial agreements and recognition of higher interest income; staff warned of an August debt service payment.
Angleton — The Angleton City Council on May 27 adopted Ordinance No. 20250527‑009, the second midyear amendment to the 2024–25 fiscal‑year budget, to account for revenue and expenditure adjustments through March 2025.
City staff member Omar reviewed major midyear changes, saying departments reallocated funds to cover windstorm insurance and that enterprise funds required an increase to cover upfront vehicle outfitting costs when traded vehicles are replaced. "I actually had to do a $90,000 budget increase at midyear," Omar said, noting those outfitting costs occur up front and are not captured in monthly lease budgets.
Other adjustments discussed: staff lowered an industrial agreement line after an overpayment in a prior year produced an owed refund; interest income exceeded budgeted expectations and was increased; certain software and payroll items were adjusted; and one fund was eliminated and reallocated for park budgeting. The water fund showed a midyear positive of about $252,000, staff said.
Fiscal timing and risks: Omar reminded council that a large bond/debt service payment is due in mid‑August and that the fiscal year ends in September. "Your second portion of your bond payments are due (August 15)," Omar said, noting council policy calls for a 25% reserve that the city did not have at midyear. He also said sales tax receipts were holding steady compared with peer cities.
Formal action: Mayor Benjamin Townsend moved to approve the midyear 2024–25 budget amendments as presented; Councilwoman Daniel seconded. The council approved the ordinance by voice vote.
Follow up: Staff said they will review vehicle procurement and outfitting practices for the next budget cycle and asked council to consider contract terms and other options. Staff also said auditors were finishing fieldwork on the city audit and had not reported major problems to date.
