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Fife council approves first reading of Q1 2025 budget amendment ordinance; includes transfers for projects and reserves
Summary
The council approved first reading of Ordinance 2137, a first-quarter budget amendment that adds new revenues and expenses across funds, funds capital projects (including roundabout and multimodal projects), and establishes a $600,000 annual accrual for Fife's share of the SR‑167 project.
The Fife City Council held a first reading and voted unanimously to approve Ordinance 2137, the city’s first-quarter 2025 budget amendment, after a staff presentation by finance director Chris Anderson outlining new revenues, expense adjustments and carryovers.
Anderson said the ordinance consolidates adjustments made between Jan. 1 and Feb. 28, 2025, and described new revenue and expense items across multiple funds. Notable changes he cited include a revenue entry of $15,000 to the general fund for an electric-vehicle charging-station grant; a $35,000 credit in the facilities fund (an intended transfer to the aquatics fund that was not needed after a roof project came in under budget); and a $800,000 entry in park acquisition tied to the splash-pad project (described as $500,000 approved…
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