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Enumclaw finance director presents first 2026 budget amendment showing roughly $1M net increase to ending balances
Summary
Finance Director Kristen Reed presented Ordinance No. 2841 (first reading), a 2026 budget amendment that reflects a roughly $2.4 million difference between estimated and actual beginning balances, increases revenues by about $1.4 million and expenses by about $2.6 million, and implements temporary FTE adjustments for implementation of new financial software.
Finance Director Kristen Reed told the council on June 22 that Ordinance No. 2841, the city's first 2026 budget amendment, updates estimated beginning fund balances to actuals and moves rollovers into ending fund balances.
Reed said "the difference between our estimated beginning fund balances and actuals was almost $2,400,000," driven largely by projects that did not finish by the prior fiscal year. The amendment increases recorded revenue by about $1,400,000 and increases expenses by about $2,600,000, leaving an increase in the city's ending fund balance of just over $1,000,000 after accounting adjustments, Reed said.
Reed highlighted staffing adjustments included in the amendment: increasing a media services technician position from 0.5 full-time equivalent (FTE) to 1.1 FTE, and adding a 0.5 FTE administrative specialist in the finance department on a temporary basis while the city implements new financial software.
Reed said most items in the amendment had appeared previously on the consent agenda; she presented the ordinance for first reading and offered to answer council questions. Council had no substantive questions during the first-reading presentation. As a first reading, the ordinance will return for future council consideration before final adoption.
