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Pearland staff present FY25 budget amendments; council advances first reading
Summary
City staff presented a mid‑year budget amendment (Amendment No. 2) that updates FY25 revenue and expenditure projections, recognizes a one‑time MUD payment and reallocates transfers and capital outlay; council approved the ordinance on first reading and scheduled further budget dates.
City staff presented Budget Amendment No. 2 for fiscal 2025 at the May 19 Pearland City Council meeting, explaining revenue and expenditure adjustments and transfers that update year‑end forecasts and set the starting point for FY26 planning.
Finance staff reported an increase in general‑fund miscellaneous revenue tied to a one‑time payment from Municipal Utility District 16 of about $1.1 million; total general‑fund projected revenue for FY25 is…
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