Council reviews budget amendment showing slight net decrease for FY2025–26
City finance staff presented a first reading of a FY2025–26 budget amendment showing a roughly $112,000 net decrease (revenue down ~$180,000; expenses down ~$68,000), with revenue shifts driven by taxes, grants and restaurant tax increases and declines in water/sewer revenues offset by reduced reserve transfers.
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City finance staff presented a first reading of an ordinance amending the city’s annual budget for the fiscal year beginning July 1, 2025 and ending June 30, 2026. Diana Phillips summarized the amendment and the rationale for adjustments.
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