Collierville board approves FY2026 budget amendments including $836,459 for Shelby Drive change order

The Collierville Board of Mayor and Aldermen voted unanimously Oct. 13 to approve Resolution 2025-43, a set of amendments to the town’s fiscal year 2026 general fund and capital project budgets.

"Resolution 2025-43 is a request to amend the fiscal year 2026, general fund and capital investment program budgets," Budget Officer JP Spas told the board, listing three primary adjustments. The police department will appropriate an $85,000 Tennessee Highway Safety Office grant for traffic saturations, training and equipment. Public Services will use $8,391 from unassigned fund balance to cover a vehicle repair, most of which had been reimbursed by insurance in the prior fiscal year. Engineering requested a capital-project amendment totaling $836,459.37 for the Shelby Drive widening project, comprised of $167,291.87 from unassigned fund balance and $669,167.50 from a TDOT grant award.

Spas said the capital budget amendment would reflect the $836,459.37 addition in the town’s capital investment program if approved. After staff answered no further questions, a motion to adopt the resolution was made, seconded and approved by roll call.

Why it matters: the Shelby Drive change order increases the town’s capital commitment for that project and the police grant funds targeted enforcement, training and equipment needs. Town staff will implement the budget changes in the finance department and incorporate the TDOT grant revenue into the capital project accounting.

What’s next: the amendments take effect as administrative budget entries; staff remained on hand at the meeting to answer follow-up questions.