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Council adopts FY2025–26 budget adjustments, reallocates street funds to new roads fund
Summary
The council adopted Resolution No. 2026-05-22R to implement routine budget adjustments, including reallocating streets funds to a new general fund for roads and postponing PARC Tax allocations to the next fiscal year.
Finance Director Anna Montoya explained the proposed adjustments were standard and reflected prior council-approved actions, saying the changes "reallocated the streets funds to a new general fund for roads" and that PARC Tax allocations were being moved to next year. Council Member Clark Taylor moved to adopt Resolution No. 2026-05-22R; the motion passed unanimously with Council Members Carroll, Holley, Hunter, John and Taylor voting yes.
Montoya told the council these adjustments align accounting with planned projects and allow staff to proceed with road-related budgeting into the new general fund. No dissent or amendments were offered during the discussion.
