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Council approves rollover budget amendments and accepts June 30 quarter report; finance director says city remains on solid footing
Summary
Council authorized rollover budget amendments to rebudget incomplete FY 2024–25 capital items (M83-25) and accepted the quarter-ended June 30 budget-to-actual report (M84-25). Finance Director Carl Johnson said the results were positive, under-budget department spending created carryover that will be applied toward capital.
The council approved the rollover budget amendment to rebudget incomplete items from FY 2024–25 into FY 2025–26 (motion M83-25) and accepted the quarter-ended June 30 budget-to-actual report (motion M84-25).
Finance Director Carl Johnson explained the rollover: annual budgets lapse at fiscal year end, and capital or…
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