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Council agrees to pass FY27 budget as discussed; will revise when grant funds arrive
Summary
Council members recommended passing the fiscal year 27 budget as discussed in May and June and said grant receipts will be incorporated later; a motion to pass the FY27 budget was made and seconded.
Council members discussed the fiscal year 27 budget and agreed to pass the budget as discussed for May and June, with the understanding that staff will revise the document when additional grant funds are received.
Staff member advised the council that a pending grant had not yet been added to the budget because the town had not yet received the funds. "We did not hear yet if we've received the grant efficiently. We're gonna have it, but we didn't add it because it's been so — we'll revise that at the point where they gave us the money," Staff member said. The staff recommendation was to pass the budget as presented for now. A Committee member moved to pass the FY27 budget and a second was offered; members expressed assent. The transcript does not include a formal roll-call tally but shows a motion and second and general assent.
Next steps: staff will update the FY27 budget to reflect the grant when the funds are received and will report back to the council if substantive changes are required.
