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Council reviews first reading of 2026 budget amendment that adjusts fund balances and FTEs
Summary
Finance Director Kristen Reed presented the first reading of Ordinance No. 2,841, describing nearly $2.4 million in beginning fund balance differences, a $1.4 million revenue increase and $2.6 million in added expenses, and several temporary FTE adjustments to support operations and software implementation.
Finance Director Kristen Reed presented the first reading of Ordinance No. 2,841 on June 22, describing the city's first budget amendment of 2026.
Reed told the council that the difference between the estimated and actual beginning fund balances was "almost $2,400,000," largely due to projects that did not finish by year end and required rollover into the current year. She said the amendment increases revenues by approximately $1,400,000 (mostly rollovers and expected grants) and increases expenses by about $2,600,000, yielding an increase in the ending fund balance of just over $1,000,000.
The amendment includes personnel adjustments: increasing the media services technician position from 0.5 FTE to 1.1 FTE, and adding a temporary 0.5 FTE administrative specialist in the finance department during implementation of the city's new financial software. Reed said most items in the amendment had appeared previously on the consent agenda and she was available to answer questions; council had none at the first reading.
This ordinance was introduced for first reading only; council may ask questions or propose changes at a subsequent hearing before taking final action.
