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Staff: Amended FY2025–26 budget aligns final numbers with actuals; smaller transfers expected
Summary
City staff told the council the proposed FY2025–26 amendment mainly reconciles final actuals and estimates through June, noting lower-than-budgeted tax receipts and that a planned $54,100 transfer will likely be much smaller; state law requires the final amended budget.
Orangeville city staff presented an amended FY2025–26 budget that adjusts line items to match actual spending and projected receipts through the end of June.
The staff presenter, Gary, told the council he started with actuals through April and projected to the fiscal year’s end, then reconciled those numbers against the original budget so the final amended budget shows the change. "What we're doing here is basically what I've done is I've gone through each of the departments," Gary said, explaining the three-column view of actuals, current estimate and original budget.
Gary noted tax receipts are running below the original estimate: "We're gonna stick around to our 426,000. Our original budget was [about] 441,000," he said, adding that simpler projections drove several of the amendments. He also said a transfer that had been budgeted at $54,100 likely will not be needed at that level because of how revenues and expenditures have come in; the transcript cites a smaller transfer amount tied to account reference "12/1950," which was not specified as a dollar figure in the record.
When asked where unused transfer dollars would remain, Gary confirmed they stay in the utilities (enterprise) budget and increase the enterprise fund balance until spent on projects. He framed the amendment as a legal and accounting alignment: "We're required as by state law. We're not allowed to spend more than one of what that final amended budget is," he said, adding the amendment simply makes the budget reflect spending already done.
On a line item for council employee benefits, the chair asked Gary to clarify what the figure represents. Gary said the line reflects required employer payroll taxes (the city’s Social Security and Medicare match) for council wages and that council members do not have other benefits such as insurance recorded under that line.
The hearing record shows no public comment on the amendment before the council closed the hearing and opened the regular meeting.
