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Montgomery County approves FY26 budget amendment carrying forward grants, shifting arena and stormwater funds
Summary
The Montgomery County Board of Commissioners approved a fiscal year 2026 budget amendment that carries forward multiple grants and reallocates funds including a $1 million transfer tied to an Austin Peay lease payment and roughly $2 million for a stormwater project.
The Montgomery County Board of Commissioners approved a fiscal year 2026 budget amendment on Aug. 4 that carries forward multiple grants and reallocates local funds to cover arena operations and stormwater work.
The amendment recognizes carryforward revenues and expenditures for federal and state grants, moves ARPA balances for ongoing projects and shifts several capital project allocations. Miss Wheeler, the county finance presenter, said the package also corrects how an Austin Peay lease payment is recorded so the rent payment supports arena operations.
Why it matters: the changes free…
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