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Waverly council approves several budget adjustments, transfers to police and fire funds
Summary
Council approved a package of budget adjustments and transfers including Resolution 49 (line-item reallocations), Resolution 51 (transfer $200,000 from general fund to police fund) and Resolution 52 (transfer $50,000 from general fund to fire fund). Motions passed by roll-call votes.
The Waverly City Council voted to approve multiple budget amendments and intra-fund transfers at the meeting. Resolution 49 authorized line-item adjustments (for example, water sludge decrease and equipment repair increase; police gas and building maintenance adjustments), Ordinance 50-2026 amended proposed 2026 appropriations from the 2025 ordinance, and the council approved Resolution 51 to transfer $200,000 from the general fund to the police fund and Resolution 52 to transfer $50,000 from the general fund to the fire fund.
Council members cast roll-call votes on the resolutions and ordinances; the motions carried. Finance staff had earlier reported key fund numbers: a general fund beginning balance of $1,538,159.44, payables totaling $38,819.65 and capital improvements totaling $154,144.76, leaving a working general fund balance stated in the transcript as $1,345,195.03. Council discussed that future membership fees for intergovernmental organizations (COG) or other obligations would come back to council for approval if amounts increase.
