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Council approves first 2026 budget amendment, moves $35,000 for digital reader boards
Summary
Finance Director Kristen Reed said the first 2026 budget amendment reallocates $35,000 for two digital reader boards paid from the street fund and noted that Fund 35 (Facilities Fund) will fall below the reserve policy; the council approved Ordinance 2841 on second reading.
Finance Director Kristen Reed presented Ordinance 2841, the first 2026 budget amendment, noting two specific changes: a one-time transfer that adds $35,000 for two digital reader boards (to be paid from the street fund and split across funds based on the IT budget percentages) and a consequence for Fund 35 (the Facilities Fund) that would lower its reserve balance below the city policy.
Reed said she had made small adjustments between the first and second readings and was available to answer questions. The committee recommended approval and the council approved the ordinance on second reading by voice vote. The ordinance reconciles estimated and actual beginning fund balances and adjusts ending balances as needed.
Councilors did not record a roll-call tally in the transcript. The action was procedural adoption of a budget amendment rather than a new program appropriation requiring extra review at the meeting.
