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Council approves FY2025 amendment to cover hail repairs, transit IGSA work and a stormwater camera
Summary
The City Council adopted Resolution 25-043 on Oct. 14 to amend the FY2025 budget to reflect new revenues and expenses tied to insurance recoveries, developer reimbursements, transit intergovernmental services and stormwater equipment. The measure passed 6-0.
A staff presentation and subsequent Council vote approved Resolution 25-043, the city's FY2025 budget amendment, during the Oct. 14 Fountain City Council meeting.
A staff presenter told the council the amendment recognizes roughly $386,000 in additional general fund revenue and approximately $445,000 in added expenditures for FY2025. The new revenues include insurance reimbursements related to an August 2024 hailstorm, a reimbursement from a solar developer for prior road damage and a portion of a transit partner payment. The presenter said those new revenues fund building repairs, final ambulance upfitting, speed and street maintenance, and a proposed main-line crawler stormwater camera to allow in-house inspection of storm drains.
Staff described specific numbers: about $70,000 of recognized revenue tied to a transit IGSA (part of a $500,000 advance), approximately $140,000 in insurance proceeds from the hail event, $95,000 received from a solar company to fund Squirrel Creek road repairs, and roughly $70,000 remaining from earlier park funding to buy a stormwater camera. The presenter said the amendment also includes $91,000 in the street capital improvement fund for initial work on a railroad quiet-zone traffic control study at the new Indiana/Ohio intersection.
Public works staff explained the requested stormwater camera is a robotic crawler system that can inspect pipes larger than a push camera and is priced as one of the lower-cost robot options found in national searches.
Council member Herzberg moved to approve Resolution 25-043 and Council member Geeke seconded. The motion carried 6-0.
