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Council holds first reading of FY2026 budget amendment to cover audit and subscription costs
Summary
An ordinance (O‑026) to reallocate contingency funds to pay for the FY2024 audit and a subscription service (DocuSign) was read for first reading on Sept. 8; council discussion clarified the requested transfers, and the ordinance will return for a future reading and vote.
The council held a first reading on Sept. 8 of Ordinance O‑026, a proposed amendment to the fiscal year 2026 budget to increase line items for the annual audit and subscription services and decrease the contingency account to cover those costs.
The ordinance text presented to the council asked to transfer $30,000 from the administration contingency (account 5460) to increase the annual audit appropriation (account 5310) from $30,000 to $60,000 to complete the FY2024 audit. The ordinance also proposed transferring $4,715 from contingency to increase subscription services (account 5558) from $16,000 to $20,715 to cover DocuSign subscription costs.
Council members asked clarifying questions during first reading about why additional audit funding was required. Finance staff explained the FY2023 single audit and compliance work extended into FY2024, delaying the start of the FY2024 audit and requiring additional audit hours and cost. The city clerk summarized the proposed line‑item adjustments and confirmed the ordinance is a first reading; no final adoption vote was taken at the Sept. 8 work session.
Because this was first reading, the ordinance will return for the council’s subsequent consideration and a recorded vote at a future meeting.
