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Committee approves budget-ordinance amendment to move FY2025 monies into FY2026; change has minimal net impact on general fund
Summary
Finance Committee approved an amendment to the budget ordinance to reallocate unspent multi-year project funds and newly awarded grants from FY2025 into FY2026; the committee also included a small amount to support a pending parks department restructure.
The Hendersonville Finance Committee voted unanimously to advance an amendment to the city's budget ordinance that moves unspent project funds and newly confirmed grants from fiscal year 2025 into fiscal year 2026.
A staff presenter explained the city budgets multi-year projects conservatively and periodically reclassifies unspent…
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