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Council adopts first 2026 budget amendment, adds $35,000 for digital reader boards
Summary
Finance Director Kristen Reed reported changes to the 2026 budget amendment, including a $35,000 transfer from the street fund for two digital reader boards and a reserve balance impact in the Facilities Fund; council approved Ordinance 2841 on second reading.
Finance Director Kristen Reed presented Ordinance 2841, the first budget amendment for fiscal year 2026, and explained small changes made between first and second readings. She said the amendment adds $35,000 to purchase two digital reader boards paid from the street fund and noted that the amendment would bring the Facilities Fund (Fund 35) reserve balance below the city’s formal reserve policy for that fund.
Committee members said they were in full favor of the amendment; a motion to adopt the second reading was made, seconded and approved by voice vote. Reed said the $35,000 transfer was executed as a one‑time interfund transfer and the IT fund treatment and split among funds followed existing allocation percentages.
