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Council amends 2527 biennial budget in routine midcycle adjustment

City of Lincoln City Council · June 10, 2026
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Summary

Council adopted mid-biennium amendments to the 2527 budget after staff presented updated revenue and expense estimates; council unanimously approved the resolution to finalize adjustments and maintain spending authority.

Finance staff presented an update to the 2527 biennial budget, explaining periodic adjustments that capture changes in revenue and expenditure estimates and seeking a resolution to formalize those amendments.

Council members praised the clarity of the staff report and asked a few technical questions; after discussion, the council moved and seconded adoption and approved the resolution unanimously.

Staff said that the five-year forecast will be refreshed with the next presentation and that the adjustments do not materially change the broader five-year picture presented earlier.

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