The commission received the city's financial report for the three-month period ending Sept. 30 and approved multiple budget adjustments tied to rollover projects and equipment replacements.

Finance director Missy told the commission collections are about 99% of budgeted property tax revenue and general fund expenditures are roughly 21% for the first quarter (noting timing differences for pension payments). The water/sewer fund received $111,000 from a lead service line discovery grant this year and the city has received $253,000 total for lead-service-line discovery work, she said.

Missy outlined several budget adjustments moved into the 2025-26 year because of delayed project completion: boiler and hot-water-heater replacements at city facilities, completion payments for an airboat (30% paid up front, balance moved into this year), and program expenses and revenues for a Parks & Rec courthouse basketball program. The net use of fund balance was adjusted to reflect these rollovers.

Commissioners had no requested changes and approved the budget amendment by voice vote.

The commission also heard that municipal street project billing from the state can span multiple years and that the city will continue to roll project costs until invoiced. No further action was required beyond the approved adjustments.