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Owensboro reviews carryover budget amendment; city files 2024-25 fiscal year report for audit
Summary
On first reading the commission reviewed a carryover budget amendment (Ordinance 11-2025). Finance director Angela Wanning presented the June 30 fiscal year-end financial report; the commission voted to file the report for audit.
Ordinance 11-2025 — a fiscal carryover amendment to revise beginning fund balances, carryover appropriations and rebudget funds — was read on first reading and discussed by City staff. The measure was presented as procedural: it rebudgets funds for capital projects and purchases that were approved in prior budgets but not completed by June 30.
City Manager described the process: “our new fiscal year began on July 1. And early in every fiscal year, we do what we generally call a carryover budget amendment,” the City Manager said, explaining that multi-year projects such as an indoor sports facility or fire station are budgeted when approved but often span…
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