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Coral Springs approves $4.1 million FY2025 budget amendment on first reading
Summary
The City Commission approved on first reading Ordinance 2025-120, a roughly $4.1 million amendment to close out fiscal year 2025 that adjusts lease-purchase accounting, moves capital funds into debt for body-worn camera purchases, and updates charter school revenue/expense tallies.
The Coral Springs City Commission unanimously approved on first reading Ordinance 2025-120 on Nov. 6, amending the fiscal year 2025 operating budget to record a $4.1 million adjustment tied to GAAP accounting requirements and to reflect charter-school dollars that arrived after the adopted budget.
City finance staff explained the key drivers of the amendment. "We…
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