Board amends FY2025 budget on second reading to include golf-course accounting and delayed capital costs

The Board of Mayor and Aldermen approved on second and final reading an amendment to Ordinance 25-05 that updates the City of Springfield’s fiscal year 2025 budget to incorporate golf-course financial reporting and adjust capital project funding.

City finance staff advised the board that the amendment “needs to be amended on second reading to, and it's included everything that's on first reading but on second reading, we're including some golf course financials, showing up the cost of goods sold,” and to move additional funds for a capital project delayed by weather, according to the meeting transcript. Alderman Hubbard moved the amendment with a second from Vice Mayor Harris; the amendment passed and the main motion passed on second reading, each by recorded vote of 5 to 0 during the meeting’s legislative session.

Why it matters: the change adds end-of-year accounting for the municipal golf course and shifts budgeted capital funds to reflect construction that remains unfinished because of poor weather. The board's vote authorizes those accounting and budget adjustments for FY2025.

Supporting details: the amendment was presented during the legislative agenda and the finance staff explanation noted the timing and the need to record cost-of-goods-sold entries for the golf operation at fiscal year end. The board conducted a separate roll-call on the amendment and then on the main ordinance; both votes were recorded as unanimous among the voting members present.

No additional conditions or follow-up assignments were recorded in the transcript for this item.