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Anacortes council adopts 2025 year-end budget amendment after finance director warns of reserve use
Summary
The Anacortes City Council approved Ordinance 5016, a 2025 year‑end budget amendment, after Finance Director Steve Hoagland reported the general fund will rely on approximately $1.4 million in reserves under the current 2026 budget and proposed reallocation of property‑tax allocations to shore up the general fund.
The Anacortes City Council voted unanimously Jan. 26 to adopt Ordinance 5016, a 2025 year‑end budget amendment that adjusts fund budgets and authorizes carryovers for a series of projects and staffing changes.
Finance Director Steve Hoagland told the council the city collected roughly in line with projections in many revenue streams, though the general fund is projected to use about $1.4 million of cash reserves in 2026 under current allocations. “We ended up collecting about 6% more than what we budgeted,” Hoagland said, but he warned that timing and one‑time revenue differences leave the…
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