Commission adopts $412 million amendment to FY26 budget including capital reconciliations
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Staff described an amendment to the FY26 budget recognizing approximately $412,067,471 in unanticipated revenue and balance‑forward amounts, including $274 million in capital project reconciliations; the board approved the resolution on voice vote.
Jennifer Hill, Management and Budget Director, presented a public hearing on a proposed amendment to the fiscal year 2026 budget. Hill said staff had calculated beginning balances and recognized additional balance‑forward amounts and unanticipated revenues, and recommended adopting a resolution to establish the FY26 budget reflecting those changes.
Hill told the board the amendment recognized $412,067,471 in unanticipated revenue, including roughly $274,000,000 in capital project balance reconciliations and $22,000,000 in existing grant match obligations. Staff recommended approval of the budget resolution amending the FY26 budget and noted the public hearing had been advertised in advance.
No public comment was offered. The board took a motion and second and approved the budget resolution by voice vote. Staff will implement the appropriation adjustments and interfund transfers described in the resolution and bring applicable award and contract items forward for execution as appropriate.
