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Finance director outlines first reading of 2026 budget amendment adjusting fund balances and staffing
Summary
Finance Director Kristen Reed presented the first reading of Ordinance No. 2841, reporting a roughly $2.4 million difference between estimated and actual beginning fund balances; the amendment increases revenues by about $1.4 million and expenses by about $2.6 million and includes two temporary FTE adjustments.
Kristen Reed, the city’s finance director, presented the first reading of Ordinance No. 2841 — the 2026 budget amendment — at the June 22 Enumclaw City Council meeting.
Reed said the primary purpose of the amendment is to reconcile estimated beginning fund balances with actuals: "the difference between our estimated beginning fund balances and our actuals was almost 2,400,000," she told council. Most of that variance relates to projects that were estimated to finish by year-end but were not, producing rollovers into the next fiscal period.
Reed described the amendment’s financial effects: an approximate $1,400,000 increase in revenues (largely grants and rollovers), a roughly $2,600,000 increase in expenses, and an ending fund balance increase of just over $1,000,000. The ordinance includes personnel adjustments: increasing the media services technician from 0.5 FTE to 1.1 FTE and adding a temporary 0.5 FTE administrative specialist in the finance department to support implementation of the city’s new financial software.
This was the ordinance’s first reading; Reed invited questions from council but none were raised at the meeting. Further review and the second reading will precede any final adoption.
