Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
City Commission adopts final FY2025-26 budget, approves DFA quarterly report
Summary
The City Commission unanimously approved a quarterly financial report and adopted the final fiscal year 2025-26 budget, including a $3 million allocation to reestablish a city-run dispatch center and $27 million in loan proceeds for capital projects.
Mayor Susan Payne called a special City Commission meeting July 30 and the commission approved two finance resolutions that finalize the city's fiscal position for the year. The commission voted 7-0 to approve Resolution 2025-25, accepting the Department of Finance Authority quarterly report for the period ending June 30, 2025, and 7-0 to adopt Resolution 2025-26, amending the preliminary FY2025-26 budget to carry over fund balances and set the final budget.
Finance staff member Evelyn Huff presented the quarterly financials, saying the city ended the fiscal year with $96,403,576 in cash across its funds. "We did end the year with $96,403,576 in cash, spread across all of our various funds," Huff said. She told commissioners seven funds finished the year with negative cash balances, citing timing-related reimbursement delays in the grant fund, a debt fund, and Fund 91 (the airport), and shortfalls in the municipal court and the High…
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
