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Tupelo council approves Budget Amendment No. 3, shifts funds for capital projects and tourism purchase
Summary
Council approved Budget Amendment No. 3 that moves carryover revenues into capital, increases the tourism fund ceiling for a planned building purchase, allocates funds for an aquatics pool liner, clears fire comp-time banks, and temporarily advances municipal reserve funds to the thoroughfare fund.
The Tupelo Regular City Council voted to approve Budget Amendment No. 3 for fiscal year 2026 after a presentation from city staff identified as 'Kim.' The amendment amends five funds, moves carryover general-fund revenues into the capital fund, authorizes targeted one-time expenses, and temporarily advances municipal reserve funds to the thoroughfare fund to close out Phase 7.
Kim said staff were asking to transfer $2,000,000 of…
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