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Council adopts small FY2025 budget adjustment; city manager delivers multi‑year budget and tax overview
Farmington City Council · July 8, 2025
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Summary
Council approved a $60,650 FY2025 budget adjustment as staff closed out the fiscal year and heard a comprehensive presentation on the city’s revenue structure and FY2026 budget outlook.
The Farmington City Council unanimously adopted a final fiscal‑year 2025 budget adjustment and received an extended presentation on the city’s fiscal position and FY2026 planning.
Jim Cox, the city finance presenter, described the adjustment as the year‑end close‑out. The action included a $60,650 increase in revenues and a matching increase in expenditures to reflect an automatic…
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