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Council reviews Q2 finances; moves year‑end appropriations and approves related ordinances
Summary
Finance staff reported stronger revenues and a general fund surplus; council opened a public hearing on a FY26 year‑end appropriation, moved the item to consent after public comment urging housing uses, and approved related fee and easement ordinances during the meeting.
CHARLOTTESVILLE — The city’s finance director presented a quarterly financial report showing revenues tracking better than anticipated and recommended year‑end appropriations that include a general‑fund surplus.
Chris Cullinan, the city’s director of finance, told council that after netting restricted uses and reserve policies the recommended general‑fund carryover is $8,502,177.67, roughly 3.4% of the FY25 budget; staff recommended placing that…
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