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Council hears first 2025 budget amendment: $18.2 million in capital roll‑forwards and operational adjustments
Summary
Finance staff presented the first 2025 budget amendment, which rolls forward capital project budgets and adjusts operating lines citywide; capital roll‑forwards total about $18.2 million driven by multi‑year projects and grant timing.
The city’s finance director presented the first 2025 budget amendment, a comprehensive package of roll‑forwards, grant receipts and operating adjustments that together reallocate and reappropriate funds across multiple city accounts.
The amendment consolidates certain sub‑funds into the general fund for reporting and separates others (permits, commercial rentals) to show more transparent balances, staff said. The presentation said the amendment increases citywide ending fund balance by approximately $145,000 after reappropriating revenues and expenditures tied to multi‑year capital projects.
Major capital roll‑forwards and adjustments include the large infrastructure project referred to in staff materials (the “20‑90‑1” project, with the packet noting roughly $14 million in project dollars and associated $2.9 million in revenues to roll forward), the Cedarwood project, and several park and street projects. Finance noted a $607,000 estimated increase in statewide industrial insurance (workers’ compensation) costs citywide attributable to rate and experience changes; the bulk of that expense sits in the general fund.
Other items in the amendment include grant revenue roll‑forwards for parks (e.g., Westlake Park and North Cove Marina), reallocation of public‑works staffing charges between funds (reflecting how staff time is tracked), and small operating adjustments (licenses, cash‑out pay adjustments, and previously authorized items). Staff said some project budgets were reduced where more was spent in 2024 than originally budgeted, and that those decreases reconcile the 2025 appropriation with actual project needs.
Council asked detailed questions about project timing, the Sunset Park dock abutment (staff reported it had shifted approximately five inches and repair estimates were in the $53,000 range), and the process for adding Cavallero Park staffing into the amendment. Finance said the Cavallero staffing and operations item would be incorporated in a subsequent agenda item after council consensus to pursue the acquisition. Staff told council some items would return for specific authorizations (contracts, agreements and utility improvements) and noted the amendment condenses many line items for presentation clarity.
No final adoption vote on the amendment was recorded during the recorded portion of the discussion; staff asked whether council had questions and identified several items that will return on future agendas for formal action.
