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Council reviews first 2026 budget amendment; staff flags $2.4M variance
Summary
Finance Director Kristen Reed presented the first 2026 budget amendment (Ordinance No. 2,841), noting an almost $2.4 million difference between estimated and actual beginning fund balances driven by unfinished projects, rollovers, and grant timing; FTE changes for media services and a temporary finance administrative specialist were included.
The council heard a first reading on Ordinance No. 2,841 on June 22, a proposed amendment to the 2026 annual operating budget intended to reconcile estimated and actual beginning fund balances.
Finance Director Kristen Reed (S12) said the difference between estimated and actual beginning fund balances was almost $2.4 million, mainly due to projects that were not finished as expected and therefore rolled over. Reed said the amendment shows revenue increases of about $1.4 million—mostly grant rollovers—and expense increases of about $2.6 million, leaving an increase to the ending fund balance of just over $1.0 million.
Reed highlighted personnel adjustments included in the amendment: increasing a media‑services technician position from 0.5 FTE to 1.1 FTE and adding a temporary 0.5 FTE administrative specialist in finance while new financial‑software implementation continues. Reed said most items had previously appeared on the consent agenda and the staff was available to answer questions; no council questions were raised at the first reading.
This was the ordinance’s first reading; council may discuss or amend the budget amendment before final adoption.
