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Finance director outlines $48 million budget amendment; council presses for clarity on encumbrances
Summary
Finance staff presented an Ordinance 3‑26 budget amendment totaling $48,023,980 that includes grants, debt proceeds, transfers, $22.3 million in encumbrances carried forward and other adjustments; council members asked for clearer reporting on purchase orders, fund balance treatment, and ACFR/OpenFin reconciliation.
City financial staff presented an overview of Ordinance 3‑26, a proposed amendment that would increase total revenues and expenditures for Fiscal Year 2026 by $48,023,980.
Financial Services Director Crystal Feese explained the amendment packages several categories: $459,975 in new grant revenue to be incorporated with associated program expenditures; debt proceeds tied to two previously approved projects; a $353,000…
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