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Council adopts technical amendment to FY 2026–27 final budget
Summary
Council approved an amendment to the city's FY 2026–27 final budget to correct fund‑transfer inconsistencies (enterprise funds/debt service) and align terminology with GASB standards; staff said the changes do not alter spending priorities.
Council reviewed a staff‑recommended amendment to the fiscal‑year 2026–27 final budget that corrects internal transfers between enterprise funds and debt‑service entries and standardizes terminology to conform with Governmental Accounting Standards Board (GASB) language. Staff emphasized the amendment is technical and does not change department priorities or add new expenditures: "This just straightens out a few inconsistencies, which makes our budget much stronger and much better," staff said during the presentation.
After a brief public hearing with no speakers from the public, the council voted to adopt the recommended amendment unanimously. Staff said the changes were suggested in a complimentary review by the state and will improve internal accounting clarity and reporting going forward.
