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Council approves first 2026 budget amendment, adds $35,000 for reader boards; Facilities Fund reserve drops below policy
Summary
Finance Director Kristen Reed said Ordinance 2841, the first 2026 budget amendment, includes a $35,000 allocation for two digital reader boards split across funds; the amendment reduces the Facilities Fund reserve below policy thresholds, and the council approved the ordinance on second reading.
Finance Director Kristen Reed presented the second reading of Ordinance 2841, the 2026 budget amendment, and described two changes since the first reading. "We added an additional $35,000 for two digital reader boards; that'll be paid for out of the street fund," Reed said, and noted the transfer split followed existing IT-fund percentages. She also said Fund 35 (the Facilities Fund) will fall below the city's reserve policy as a result of the amendment.
Committee members expressed full support for the amendment; a motion to approve was made and seconded and the council voted to adopt Ordinance 2841. Reed remained available to answer follow-up questions about fund balances and the IT transfer.
