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Budget amendment (Ordinance 2025-52) forwarded to full board with funding for repairs and park expansion

Budget Finance Committee, City of Franklin · December 5, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Budget Finance Committee voted to forward Ordinance 2025-52 (second amendment to FY26) to the full Board of Mayor and Aldermen; the amendment reallocates $3,694,625 in general‑fund revenues and expenses, includes a preliminary $2.5M transfer to the water management fund and adds funds for median barriers and Liberty Park expansion.

The Budget Finance Committee voted to forward Ordinance 2025‑52 — the second amendment to the fiscal 2026 operating budget — to the full Board of Mayor and Aldermen on Dec. 9.

Chief Budget and Performance Officer Michael Walters Young told the committee the general-fund portion of the amendment totals $3,694,625 in both revenues and expenses. Key components include a small opioid‑settlement receipt ($20,435), a preliminary $2.5 million payment into the water management fund in…

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