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Tupelo council approves Budget Amendment No. 4, moves $3.57 million to capital fund and records grant awards
Summary
The Tupelo City Council approved Budget Amendment No. 4 for FY2025, recording two police equipment grants, a sports-council donation for travel, a $100,000 capital increase for Gumtree/Hancock Park and a transfer of $3,570,531 of last year's excess general fund revenue into the capital fund.
The Tupelo City Council on the regular agenda approved Budget Amendment No. 4 for FY2025, accepting several grants and donations, adding $100,000 for a parks project and transferring $3,570,531 of excess general-fund revenue into the capital fund.
Kim, a city staff member, told the council the amendment would add $2,861 for travel expenditures funded by a donation from the Tupelo Sports Council and place $283,450 in police-equipment revenue into the budget from two grants. "This will be paid for by the sports council," Kim said, adding that the equipment amount "is coming in the form of 2 grants. 1 grant is from Homeland Security, 92,450, as well as 01/1000 from the US Department of Justice." The transcript supplies the grant sources but does not provide clear, complete grant-number formatting or the second grant amount beyond the words in the record.
The amendment also moves $3,570,531 of excess revenue over expenditures from the general fund into the capital fund under the council policy to reserve surplus for capital projects. Kim described that transfer as an accounting action to place last year's surplus where the council will later authorize specific capital expenditures.
The council approved an additional $100,000 increase to the capital fund for the combined Gumtree and Hancock Park project and to purchase software for the Development Services Department for code enforcement and rental registration. Kim said the software rollout will carry a recurring fee and that the $100,000 addition covers items previously discussed by the council.
Council members posed no substantive legal objections. The motion to approve the amendment carried after the staff explanation with the recorded voice vote "all in favor; opposed is nay." The transcript does not include a roll-call tally or the names of individual yes/no votes for this motion.
Why it matters: The amendment recognizes federal and private funds and shifts a multi-million-dollar surplus into the capital fund, where the council will later authorize spending. The recorded grants add equipment funding for police operations; the capital transfers and park funding affect upcoming public works and park projects.
At the meeting the council followed the vote with routine agenda items. The record shows no additional conditions attached to the budget amendment beyond acceptance of the listed grants, the donation and the capital transfer.
