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Council approves mayor’s late budget corrections and fund reassignments across multiple city funds
Summary
The Budget Committee approved a set of late budget adjustments presented by city staff on May 27, 2025. Changes included accounting corrections, fund reallocations and modest net changes to several fund balances including the general fund, MAP fund, sanitary sewer and landfill funds.
City staff presented a package of late budget items to the Lexington City Budget Committee of the Whole on May 27 and the council voted to approve the changes as presented.
The presenter told the committee that most items were accounting corrections or clerical adjustments intended to reflect accurate revenue and expense allocations. Key changes the presentation identified included the following: - General fund: accounting corrections, clerical adjustments and small personnel account corrections resulted in a net…
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