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Council hears ordinance to transfer $1.16 million within 2014 sales tax fund to small‑area planning
Summary
City staff proposed an ordinance to move $1,155,186.35 in residual balances within the 2014 sales tax fund into a corridor and small‑area planning project for completed projects; staff described the transfer as rolling remaining balances into the new planning project.
City staff presented an ordinance to amend the fiscal year 2025‑26 budget and transfer unencumbered and expended appropriation balances totaling $1,155,186.35 within the 2014 sales tax fund into a corridor and small‑area planning project.
Jared Morton described the action as consolidating remaining balances from completed projects into a corridor and small‑area planning account, noting the projects were deemed complete and the funds are being rolled into the new planning effort. Councilors asked no substantive questions during the brief presentation.
The ordinance was presented for council consideration; no formal vote or adoption was recorded in the meeting transcript.
