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Council amends FY25 appropriation ordinance to move $5.71 million of one-time balances into capital funds
Summary
City council adopted an ordinance amending the FY25 appropriation ordinance to appropriate $5,710,476 of unanticipated/unappropriated fund balances into capital funds across general, streets, water, sewer, sanitation, recreation, storm and fleet accounts.
Moscow City Council held a public hearing and approved an ordinance amending the annual appropriation ordinance (Ordinance 2024-12) to appropriate $5,710,476 in unanticipated and unappropriated fund balances into capital funds.
Finance Director Sarah Decker explained the transfers are one-time allocations of fiscal‑year‑end balances and not ongoing revenue: general fund excess ($726,888), street fund ($468,006) tied to an ITD distribution, recreation and culture/public art reclassification ($201,026), water fund ($915,484) with $465,434 requested for DQ loan expenses and the remainder to capital, sewer fund ($1,279,769), sanitation fund ($1,125,403), and internal services (Information Systems) identified excess to distribute to capital funds across departments ($1,393,950). Decker presented a line‑item distribution to capital projects and related funds.
Council discussed that the mechanism moves one‑time savings from operating funds to capital funds for future projects rather than leaving large balances in operating accounts. After public comment and council clarifications, a motion to suspend the usual three‑reading rule and adopt the ordinance by summary passed on a roll call; the ordinance amendment passed and is in effect upon passage and publication.
Next steps: staff will implement transfers into the listed capital funds and execute related capital project planning.
