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City seeks third‑quarter budget adjustments including state CSA increases and other reconciliations
Summary
Staff outlined third‑quarter adjustments to the FY25 budget: additional non‑dedicated revenue (personal property and investment interest), state increases to Children's Services Act funding that require a local match, and a set of grant‑fund true‑ups and transfers across funds.
City staff presented a list of third‑quarter budget adjustments at the April 8 works session asking council to appropriate newly realized revenues, reconcile grant receipts and recognize changes in fund needs.
Key items staff identified included: an estimated $500,000 additional personal‑property tax revenue and about $749,464 additional investment interest to be appropriated in the general fund; an increase of roughly $3,000,000 in state funding for the Children’s Services Act (CSA) that will require a local match of about $610,000; and additional appropriations related to juvenile‑detention per diem costs of approximately $525,000 due to higher usage.
Staff also identified dedicated revenue adjustments for social‑services programs, a transfer of about $14,438 to the city federal/state aid fund for community corrections, and an increase in library state aid. The presentation included transfers to align grant receipts with the capital projects they fund (for example, Perrymont Park funds moved to the capital fund) and adjustments in the airport, water/sewer and risk‑management funds to reflect higher expenditures and project needs.
Ending: Staff asked council to approve the appropriation and reconciliation items in third‑quarter adjustments; staff provided an attachments list with line‑by‑line descriptions and said detailed backup would be available for council review and public hearing/budget‑amendment steps as required.
