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Homewood staff outline FY26 budget amendments; council delays three public hearings to Jan. 12
Summary
Acting senior manager presented amendments to correct accounting gaps across 24 funds — nine showed deficits — and described use of carryover balances to reconcile restricted and capital funds. Council carried three public hearings to the Jan. 12 meeting and set a mid‑year review for spring.
Kale Smith, the city’s acting senior manager, walked Homewood City Council members through a slate of proposed fiscal‑year 2026 budget amendments on Dec. 22, saying the changes are intended to correct administrative entry errors and reconcile fund deficits rather than change employee salaries or operational authority.
"A budget amendment moves money from one budget account line item to the other," Smith said, explaining common examples such as shifting unused uniform dollars to travel or using carryover fund balance to cover a project that came in over bid. He told the council the city budgets across 24 separate funds and that nine currently show deficits because agreed‑upon amounts were not keyed into the financial software "encode."
Why it matters: the amendments mostly use existing carryover balances or expense reductions to…
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