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Avondale Estates work session reviews 2025 budget amendments; staff to bring ordinance next month
Summary
City staff presented 2025 budget amendments including recognition of $135,000 in additional general‑fund revenue, GASB No. 96 implementation related to an Axon agreement, transfers to capital projects and final ARPA closeout; an ordinance to adopt the amendments will be brought to the next regular meeting.
At a July 8 work session the Avondale Estates Board of Mayor and Commissioners discussed proposed 2025 budget amendments that staff will present as an ordinance at the next regular meeting.
Tony Jo (speaker 8) summarized the amendments: recognition of roughly $135,000 in additional general‑fund revenue to cover park department expenditures (native plants consulting, Town Green repairs, tree work and equipment maintenance); implementation of Governmental Accounting Standards Board (GASB) Statement No. 96 related to subscription‑based information‑technology agreements (specifically the Axon arrangement), which requires recognizing the technology arrangement and related principal payment; transfers to capital projects that staff described in the meeting as $2,000,382,596 (composition explained as current‑year excess revenues plus previously designated transfers); and recognition that ARPA‑funded projects had expenditures recorded and that the ARPA fund will be considered complete as of 2025.
Staff said the GASB 96 change reframes how subscription contracts are displayed in the budget — shifting recognition from annual maintenance outlays to showing the capital/contract commitment and the principal portion for the current year. On transfers to capital projects, staff said part of the total reflects current year revenues over expenditures and part reflects previously designated transfers from prior decisions.
Commissioners asked follow‑up questions about timing and audit status; staff said the city had requested and received an extension for the 2025 audit during a staff transition and expects to complete audit filings within the month. Staff also noted items that will be part of the 2026 midyear review, including projected reductions in property‑tax revenue related to military decreases, a Center Street stormwater project, a donation from Waffle House and city‑hall renovation line‑item increases.
Staff said they met federal reporting requirements for ARPA funds and will bring an ordinance to the next regular meeting to adopt the 2025 amendments.
