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Council approves fiscal‑year 2024–25 budget amendments to reconcile year‑end balances
Summary
Resolution 2025‑85, a year‑end budget amendment package, was approved to reallocate fund balances to capital projects, pond and landscape maintenance, refuse and pension costs and insurance and worker’s compensation adjustments; the measure passed with the required votes.
The Geneva City Council approved Resolution 2025‑85 on Monday, a package of fiscal‑year 2024–25 budget amendments that reallocates savings and fund‑balance amounts across several city funds.
The staff presentation said the amendments move surplus and savings to support the general capital projects fund, cover Fisher Farms pond maintenance and landscape maintenance, address refuse fund costs (garbage disposal and pension expense), and cover general insurance premiums and workers’ compensation claims. The package also included transfers to cover professional services and training in the police pension fund and an unplanned firefighters' pension payment tied to unexpected retirements.
Why it matters: These are year‑end housekeeping adjustments the city makes after audit and closeout to align budget line items with actual expenditures and to earmark funds for known capital needs. Staff said the amendments do not increase the overall budget beyond authorized limits but reallocate available balances and savings.
Council discussion was limited to clarifying questions; staff explained the amendments reflect post‑audit reconciliations and described the adjustments as routine. The resolution requires eight affirmative votes for passage; the council recorded the measure as passing with the necessary support.
Ending: The council adopted the resolution and staff will implement transfers and adjustments as described; no additional votes on individual projects were taken at the meeting.
