Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget Amendment topic
No spam. Unsubscribe anytime.
Council reviews first 2026 budget amendment showing nearly $2.4 million variance and temporary staffing changes
Summary
Finance Director Kristen Reed presented the first reading of Ordinance 2,841, reporting a nearly $2.4 million difference between estimated and actual beginning fund balances, revenue increases of about $1.4 million, expense increases of about $2.6 million, and temporary FTE adjustments.
At the June 22 meeting the council heard the first reading of Ordinance No. 2,841, the city's first budget amendment of 2026.
Finance Director Kristen Reed told the council the difference between estimated and actual beginning fund balances was almost $2,400,000, largely because projects expected to be completed by year‑end were not finished. Reed said the amendment increases revenue estimates by about $1,400,000, primarily due to rollovers and grant timing, and increases expenses by approximately $2,600,000; after the adjustments the ending fund balance would be just over $1,000,000 higher than previously projected.
Reed also highlighted staffing adjustments included in the amendment: the media services technician position would increase from 0.5 FTE to 1.1 FTE, and an administrative specialist would be added as a temporary 0.5 FTE in the finance department while the city implements new financial software.
This was a first reading; Reed said this is a standard reconciliation of actuals and estimates and offered to take questions. Council had no questions at the meeting and no adoption vote was held on June 22.
