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Council approves third supplemental to FY2025 budget, including IGSA revenue and expense updates
Summary
City Council approved Resolution 25-028 to amend the fiscal year 2025 appropriations. The supplemental recognizes increased IGSA revenues and related expenses, insurance premium increases and other equipment payments.
The Fountain City Council approved a third supplemental amendment to the fiscal year 2025 budget on July 22, recognizing new intergovernmental support agreement (IGSA) revenues and associated expenditures and adjusting for higher insurance and equipment costs.
Finance staff presented the changes in the general fund and three enterprise funds. The supplemental recognizes roughly $4 million in additional IGSA revenue; corresponding…
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