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Council approves 2026 budget amendment adding funds for digital reader boards; facilities fund reserve drops below policy
Summary
On second reading the council adopted Ordinance 2841, the first 2026 budget amendment; Finance Director Kristen Reed said it adds $35,000 for two digital reader boards paid from the street fund and moves balances among funds, which brings the Facilities Fund reserve below policy.
Finance Director Kristen Reed presented the second reading of Ordinance 2841, the city's first 2026 budget amendment. Reed said she made small changes between readings, notably adding $35,000 to purchase two digital reader boards to be paid from the street fund and noting that the amendment causes Fund 35 (Facilities Fund) to fall below the city's reserve policy.
Reed said the $35,000 transfer was split across funds using the same percentage allocation as the IT budget and that staff performed a one-time transfer to keep the IT fund within policy. Committee reported full support for the amendment and the council approved the ordinance on second reading.
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