The Moab City Council opened a public hearing on June 10, 2025, to consider Resolution O8‑2025, a mid‑year amendment to the FY2024–25 budget, but voted to table adoption until June 24 after staff reported that the budget export pulled incorrect spreadsheet columns and required correction.

City staff presented the amendment as a bookkeeping and year‑end cleanup consistent with audit best practices, noting that many line items would be reduced for projects that did not finish during the fiscal year while several transfers and additions were proposed. Staff described two substantial transfers discussed in the hearing: the creation of a dedicated wrap‑tax fund (moving wrap‑tax receipts from the general fund into a separate fund) and a proposed housing fund transfer to pay off an existing loan on the Walnut Lane property.

Staff said the wrap‑tax transfer would move $1,200,000 from the general fund into a newly created wrap‑tax fund. For Walnut Lane, staff described a proposal to transfer $660,000 from the general fund and use $800,000 from the housing fund — a combined $1,460,000 — to pay off the outstanding loan on the Walnut Lane property. Staff stated that paying off the loan now would save the city approximately $700,000 in interest over the remaining 10 years of the loan. Staff characterized most other amendments as net reductions to unspent project line items; overall the amendment as presented would increase the budget by roughly $950,000 after reductions elsewhere and higher-than-expected revenues.

During council questions, members asked for clarification on several line items and staff acknowledged that supporting budget columns in the packet were pulling an incorrect prior column. Because of that error staff recommended tabling the resolution so corrected documents can be circulated; council voted to table the resolution to the June 24 meeting. Staff said the corrected budget that matches the staff report will be sent to council members during the week ahead of the continued hearing.

The council's motion to table Resolution O8‑2025 was made by Councilmember Caitlin, seconded by Councilmember Tawny, and passed 5–0.