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Prospect council gives first readings to two budget amendment ordinances; both pass 6-0
Summary
At a special meeting, the Prospect City Council voted to give first readings to Ordinance 650, which would transfer $60,000 from the municipal road aid fund to the general fund, and Ordinance 651, which amends the city's general fund budget to reflect additional revenues and higher expenditures; both measures passed on a 6-0 vote.
The Prospect City Council at a special meeting approved first readings of two budget amendment ordinances on a 6-0 vote.
The council gave a first reading to Ordinance 650, Series 2025, an amendment to the municipal road aid fund that would transfer $60,000 to the city's general fund to cover higher-than-expected snow-removal and paving costs. Councilman John Evans moved for the first reading; Councilman John Clark seconded. The motion passed on a roll call vote of six in favor, zero opposed.
At the same meeting the council gave a first reading to Ordinance 651, Series 2025, amending the city's general fund budget. The draft presented to the council reflects an additional $20,000 in property-tax revenue and anticipates a $60,000 receipt tied to the municipal road aid amendment if Ordinance 650 is ultimately approved. The amended expenditures shown in the presentation include an $80,000 increase in public-works spending tied to recent winter maintenance and sidewalk work. Councilman John Clark moved for the first reading; Councilman Don Gibson seconded. The motion passed on a 6-0 vote.
Why this matters: The two measures together recognize higher-than-budgeted operating costs this fiscal year and would formally reallocate and record revenue and spending changes in the city's account books. The council's votes advance each measure to subsequent readings as required by local ordinance for final adoption.
Discussion and context: Council and staff said revenues for the current year exceeded initial projections in some accounts, prompting the revisions. City staff warned that final figures remain contingent on external confirmations, including property-valuation receipts from the PVA and guidance from the Kentucky Department for Local Government on cost-of-living adjustments that will affect personnel costs.
Votes at a glance: - Ordinance 650, Series 2025 — Amend municipal road aid fund; transfer $60,000 to general fund. Motion: first reading. Mover: Councilman John Evans. Second: Councilman John Clark. Vote: 6-0 — approved for first reading. - Ordinance 651, Series 2025 — Amend general fund budget to reflect additional revenues (including $20,000 property-tax receipts) and increased expenditures (noted $80,000 for public works). Motion: first reading. Mover: Councilman John Clark. Second: Councilman Don Gibson. Vote: 6-0 — approved for first reading.
Next steps: Both ordinances were given first readings and will require subsequent readings and final adoption before the transfers and spending changes take effect.
