Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget Amendment topic
No spam. Unsubscribe anytime.
Finance director outlines $2.4M variance in first reading of 2026 budget amendment
Summary
Finance Director Kristen Reed presented Ordinance 2,841 on first reading, reporting an almost $2.4 million difference between estimated and actual beginning fund balances due to incomplete projects; the amendment increases revenues by $1.4 million, expenses by $2.6 million and includes FTE adjustments tied to a new financial software rollout.
The city’s first 2026 budget amendment was presented at the June 22 Enumclaw City Council meeting as a first reading.
Finance Director Kristen Reed told councilmembers the amendment reconciles differences between estimated and actual beginning fund balances, noting an almost $2,400,000 variance largely caused by projects not completed by year-end and rolled over into the current year. She said the amendment increases revenue estimates by about $1,400,000 (largely grants and rollovers) and raises expenses by about $2,600,000, leaving a net increase to the ending fund balance of just over $1,000,000.
Reed also highlighted personnel adjustments included in the amendment: the media services technician position would increase from 0.5 full-time equivalent (FTE) to 1.1 FTE, and a temporary 0.5 FTE administrative specialist would be added in the finance department while the city implements new financial software.
Why it matters: the amendment updates reserves and staffing tied to implementation work and project rollovers; council heard the numbers during a first reading and may ask questions or propose changes before a second reading.
Next steps: this was a first reading; council did not vote to adopt the amendment at this meeting and the item will return for further consideration.
