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Council approves 2026 budget amendment that transfers $35,000 for digital reader boards
Summary
Kristen Reed, the city's finance director, presented the second reading of Ordinance 2841 (2026 budget amendment #1). Reed said a $35,000 transfer from the street fund will finance two digital reader boards and that Fund 35 (Facilities Fund) reserves will fall below policy as a result; the council approved the amendment by voice vote.
Finance Director Kristen Reed presented the second reading of Ordinance 2841, describing it as the first budget amendment for 2026 and noting two specific changes since the first reading. She said the amendment includes a $35,000 transfer to purchase two digital reader boards, to be paid from the street fund and allocated across funds using the same percentage allocation used for IT budgets. Reed also reported that Fund 35 (Facilities Fund) would see its reserve balance fall below the city's reserve policy after this amendment.
Committee recommended approval and the council moved, seconded and approved Ordinance 2841 on second reading. Reed remained available to answer council questions; no councilmember requested holding the item for further study at this meeting.
