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Council advances FY26 budget amendment on first reading and accepts six‑month financial report
Summary
Council advanced a FY26 budget amendment on first reading that increases general fund revenues by $416,000 and expenditures by $537,660, and accepted the city’s financial report for the six months ending Dec. 31, 2025, with staff noting the general fund is at roughly 50% of budget.
An unidentified staff member presented proposed amendments to the fiscal year 2026 budget and the city’s financial report for the period July 1–Dec. 31, 2025, at the Feb. 19 Cookeville City Council meeting.
The presenter said the general fund revenues are increasing by $416,000 while expenditures increase by $537,660, producing a net decrease in fund balance of about $121,660. The presenter also described adjustments to the tree board fund (revenues +$3,000;…
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