Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Committee approves recommending appropriations of unanticipated revenues into reserve accounts for FY2026 tax recap
Summary
The Finance Committee recommended two orders appropriating unappropriated anticipated enterprise and general-fund revenues into reserve accounts to meet the Oct. 1 deadline for the FY2026 tax recap and closing; committee members discussed that transfers from reserves to budget lines would require council votes for transparency.
Mayor Nicholson and administration staff asked the Finance Committee to recommend two orders to the full council to appropriate unappropriated anticipated revenues into reserve accounts for enterprise funds and the general fund for the fiscal year beginning July 1, 2025. The mayor said the appropriations are necessary to meet…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
