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Perry council approves fiscal‑year 2024–25 budget amendments after staff briefing
Summary
Council approved a set of June budget amendments that adjust capital and revenue projections, add roughly $340,000 in sales‑tax revenue across funds and increase transfers to an IT/’PIN’ fund; amendments passed by roll call.
The Perry City Council voted to approve a package of fiscal‑year 2024–25 budget amendments that city staff described as “cleanup” items to align revenues and capital project expenditures before the fiscal year close.
City staff told the council the package includes two revenue increases, noting an extra $340,000 in sales tax across funds after updated receipts and adjustments. Staff said the larger sales‑tax collections translated to roughly $466,000 additional sales tax citywide and about $109,000 to the general fund for the year; use‑tax collections also rose, driven mainly by construction activity. Staff said there will be several interfund corrections and a net decrease for the Perry Municipal Authority (PMA) fund in part because certain capital project dollars will not be collected until the next fiscal year.
The council heard details on a $70,000 transfer required to subsidize the IT/“PIN” fund (a subsidy made up of franchise fees plus transfers), and a roughly $80,500 increase in property insurance expense in administration tied to property‑casualty premiums and additional engineering costs related to new projects. Staff said most operating departments are under budget and that the amendments are primarily housekeeping and capital‑project adjustments.
After questions, a motion to approve the June budget amendments passed on a roll call vote. Councilmembers voting yes included Bledsoe, Marshall, Davis, (K)oldine/Koldar, Rupp, Williams, O’Shea and Wortham.
Staff said the amendments were required to be approved before the fiscal year end and that a cleaned‑up one‑page packet would be emailed to councilmembers.
The vote authorizes the city to adjust appropriations and transfers as described; no new long‑term debt or policy changes were approved in this action.
