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Council approves 2026 budget amendment to correct debt service allocation
Summary
The Common Council approved a finance committee resolution transferring funds to debt service and capital outlay to correct allocation of the debt service levy; members noted the vote requires a 0.667 supermajority and the measure passed unanimously.
The Common Council approved a resolution from the Finance and Taxation Committee amending the 2026 budget to transfer funds to debt service and to capital outlay in order to correct debt service levy allocations.
The presenting council member summarized the amendment as transfers "to debt service, and transferred to capital outlay," and noted the committee's recommendation. A council member called attention to the voting threshold, referencing a required supermajority of 0.667 for the measure, and the clerk recorded an affirmative vote from each council member present; the motion passed unanimously.
No separate appropriation details or dollar amounts were included in the meeting record beyond the transfer description; the council recorded the amendment as approved.
