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City finance director outlines $5.2M revenue, $14M expenditure budget amendments; council seeks more detail on vehicle replacements and allocations
Summary
Finance Director Chelsea Walls briefed council on a multi-fund 2025 budget amendment that increases revenues by about $5.2 million and expenditures by about $14 million across 13 funds; council asked for detail on fund balances and the effect of two deferred vehicle replacements.
Chelsea Walls, finance director, presented a proposed amendment to the 2025 budget that would affect 13 city funds. Walls told the council the amendment reflects updated grant awards, project costs and transfers: total revenue increases of roughly $5.2 million (in eight funds) and total expenditure increases of roughly $14 million (in 11 funds). She said approximately $3.5 million of the change reflects transfers between city funds.
Walls highlighted material items: a roughly $1.7 million general-fund revenue increase tied mostly to grant receipts (including a $1 million CHIP grant partnered with Spokane Housing Authority), and corresponding general-fund increases of…
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