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Minot council directs staff to rewrite budget ordinance after finance office warns reserves could fall below requirement by 2028
Summary
At a Feb. 17 work session, Minot finance staff proposed allowing some administrative budget transfers to reduce routine amendments and presented projections showing reserves could drop below the city's one-twelfth requirement by 2028. Council asked staff to redline ordinance language and return proposed changes and 2027 budget guidance at a future agenda; no formal policy votes were taken.
Minot's City Council heard a proposal Feb. 17 to amend the city's budget ordinance so certain administrative budget transfers could be handled by staff, and received multi-year projections from the finance director showing the city's reserves could fall below the one-twelfth reserve requirement by 2028.
City finance director David told the council the current ordinance contains contradictory language about whether appropriations must be shown by fund or by detailed line item and asked for guidance on allowing administrative amendments for transfers that remain within appropriation thresholds. "Our current budget ordinance is it contradicts itself," David said, and staff proposed an administrative approval process tied to city manager…
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