Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Anacortes council approves 2025 year-end budget amendment after finance update
Summary
The Anacortes City Council approved Ordinance 5016, a 2025 year‑end budget amendment covering multiple funds. Finance Director Steve Hoagland reported a projected $1.4 million general-fund gap for 2026 to be partly covered by reserves and previewed a Q1 property-tax reallocation.
Anacortes City Council voted to adopt Ordinance 5016, a 2025 year‑end budget amendment, after a detailed presentation from Finance Director Steve Hoagland on Jan. 26.
Hoagland told the council the city finished 2025 with generally stable revenue streams but that projected 2026 general‑fund expenditures exceed revenues by about $1,400,000, which the city plans to cover in part from cash reserves unless alternative measures are taken. "So in other words, in 2026, the way the budget sits right now, we're projecting our general fund expenditures to exceed general fund revenues…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
