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Franklin approves multi-fund budget amendment that funds Pearl Park land purchase and Liberty Park expansion
Summary
The board approved Ordinance 2025-52, a budget amendment recognizing $3.69 million in general fund adjustments (including a $2.5M transfer for Pearl Park land purchase), opioid settlement revenue, and funding shifts for State Route 96 median work and Liberty Park expansion; the water management fund also recognized emergency repair costs.
On second reading during the Jan. 13 meeting, the Board approved Budget Ordinance 2025‑52, a multi‑fund amendment reallocating revenues and expenses across general, stormwater, hotel/motel, capital projects and water management funds.
Skye Gearhart, management fellow in the budget office, outlined the changes: a $3,694,625 net increase in general fund revenues and…
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