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College Park council adopts FY2026 budget with small amendment; consent items approved
Summary
The College Park City Council on May 20 adopted Ordinance 25‑04, the city’s fiscal year 2026 budget, after approving a late amendment that reduced an additional business attraction allocation by $10,000 and moved $40,000 into the business façade and improvement grant fund.
The College Park City Council on May 20 adopted Ordinance 25‑04, the city’s fiscal year 2026 budget, after approving a late amendment that reduced an additional business attraction/retention allocation by $10,000 and moved $40,000 into the city’s business façade and improvement grant fund.
The budget vote culminated a multiweek review and a public hearing the council held earlier in the process. Finance staff told the council the net effect of the changes the council agreed to last week and the amendment approved May 20 was a $201,000 increase to the originally proposed budget, funded in part by $76,023 of the city’s fund balance; the finance director said that left the city’s reserve at about 35.9 percent of operating expenditures, essentially unchanged from the proposed budget.
Council members and staff said the ordinance packages modest new spending while preserving a healthy reserve. City Manager Mr. Young and Finance Director Mr. Fields reviewed the numbers for the council before the motion to adopt.
Discussion and amendment
A council amendment…
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