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FAB Committee advances FY2025 operating budget cleanup with multiple fund adjustments
Summary
Director Siegler described the FY2025 cleanup amendment that adjusts starting fund balances, moves reserves to budgets, and subsidizes the development fund from the unincorporated fund; commissioners asked for detailed schedules and a street‑light cost breakdown before Tuesday's full‑board meeting.
The Finance, Audit and Budget Committee voted to advance a substitute amendment to the FY2025 operating budget intended to close out the year and reconcile fund balances.
Director TJ Siegler told commissioners the package adjusts starting fund balances and reserves across many funds. Highlights cited in committee include a $3.4 million increase in the general fund starting balance; a $3.7 million subsidy from the unincorporated fund to the development fund and a $1.4 million reduction in that fund’s budget to realign revenue expectations; increased transfers from police and fire funds to support 911 operations; and a large increase in watershed fund balances (about $10.4 million) with reserves increasing by roughly $6.2 million for debt service.
Siegler said vehicle replacement accounting issues produced a larger apparent increase in that fund and that a user‑fee study and consultant (NGT and Arcadis were named) are being used to review fee sufficiency for development and street‑light funds. Commissioners requested written schedule‑level detail (Schedule A) to explain the changes and asked for an itemized street‑light spending figure; administration agreed to supply additional detail by the next business day and to include the changes in the 2026 budget package.
The committee moved, seconded and recorded the motion as carried to advance item 2025‑1781 to the full board. Commissioners emphasized the need for transparency on reserve changes and the sustainability of stormwater and sanitation funds before final approval.
