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Temple Terrace adopts final FY2025 budget amendment listing anticipated FEMA reimbursements and transfers
Summary
Finance Director Jim Ingram presented and council adopted a final FY2025 budget amendment that includes several expenditures paired with anticipated FEMA reimbursements related to Hurricane Milton and a $1,316,813 transfer of land sale proceeds to the water and sewer fund; staff emphasized the FEMA revenues are anticipated and not yet obligated.
The Temple Terrace City Council approved a final fiscal year 2025 budget amendment that records unbudgeted expenditures alongside anticipated revenues, including expected FEMA reimbursements tied to Hurricane Milton.
Finance Director Jim Ingram reviewed exhibits detailing general fund adjustments, a $1,316,813 transfer of land sale proceeds to the water and sewer fund (per council resolution 52‑25), and…
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