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Aldermen approve 2025 midyear budget amendment; city cash investments reported at $28.7 million
Summary
The finance committee recommended and the committee approved a midyear budget amendment reflecting capital changes, a $501,000 YMCA operating‑fund receipt and several grant entries.
The committee approved a 2025 midyear budget amendment after a brief report from Tammy Alsup, the city’s director of finance. Alderman Wissbrough moved the recommendation and Alderman Lang seconded; the motion carried without dissent at the committee meeting. Tammy Alsup told members the amendment reflected a number of capital budget adjustments discussed previously, added expected grant revenues and recorded a $501,000 operating‑fund receipt from the YMCA. She reported the city’s total cash investments at $28,697,968. Staff described only a “few” other midyear changes beyond capital adjustments. Committee members praised staff for their management and thanked the finance director for the update. The amendment will be forwarded to the full board for formal adoption at the next meeting per the city’s process.
