AGENDA CAPTION:
Title
Consider approval of Ordinance 2026-22, on the first of two readings, amending the City’s 2025-2026 Fiscal Year Budget to adjust revenue and expenditure accounts in multiple operating, special revenue, and enterprise funds; including procedural provisions; and declaring an effective date.
Body
Meeting date: May 5, 2026
Department: Finance
Amount & Source of Funding
Funds Required: Various
Account Number: N/A
Funds Available: Contingent upon approval of this budget amendment
Account Name: N/A
Fiscal Note:
Prior Council Action: On December 16, 2025, City Council approved Ordinance #2025-52(b), to carry forward funds from the 2024-2025 Fiscal Year. On April 7, 2026, City Council approved Ordinance 2026-11(b) adjusting the Fiscal Year 2026 budget for Tax Reinvestment Zone No. 5.
City Council Strategic Initiative: [Please select from the dropdown menu below]
Public Safety, Core Services & Fiscal Excellence
Choose an item.
Choose an item.
Comprehensive Plan Element (s): [Please select the Plan element(s) and Goal # from dropdown menu below]
☐ Economic Development - Choose an item.
☐ Environment & Resource Protection - Choose an item.
☐ Land Use - Choose an item.
☐ Neighborhoods & Housing - Choose an item.
☐ Parks, Public Spaces & Facilities - Choose an item.
☐ Transportation - Choose an item.
☒ Core Services
☐ Not Applicable
Master Plan: [Please select the corresponding Master Plan from the dropdown menu below (if applicable)]
Choose an item.
Background Information:
On December 16, 2025, City Council approved Ordinance #2025-52(b), to carry forward funds to the FY2025-26 budget that had been obligated in the FY2024-2025 budget but not expended by the end of the fiscal year.
On April 7, 2026, City Council approved Ordinance #2026-11(b), to amend the FY2025-26 budget to adjust expenditure accounts for the Tax Reinvestment Zone No. 5.
An additional funding amendment has been identified to provide:
• Debt Fund: $1,246,891 increase in expenditures to administratively correct the budget for debt payments.
• Resource Recovery Fund: $440,000 increase in expenditures to fulfill contractual obligations, better aligning customer counts for the garbage contract.
• General Fund: $226,000 increase in expenditures to cover a $95,000 purchase for Parking Enforcement’s mobile ticketing system and a $131,000 purchase for Fire’s training simulator. These items were intended to be included in the carry forward budget amendment earlier in the year but were inadvertently omitted.
• Electric Utility Fund: $45,000 increase in expenditures to cover the public service center’s audio/visual on-going maintenance for a recent upgrade.
• Water-Wastewater Utility Fund: $45,000 increase in expenditures to cover the public service center’s audio/visual on-going maintenance for a recent upgrade.
• Hotel Occupancy Tax Fund: $597,600 increase in expenditures to reconstruct the sidewalks, replace the chiller and the rooftop AC at the conference center.
• Airport Fund: $116,889 increase in revenues resulting from higher hangar rental income and $90,500 increase in expenses to reinstate previously federally funded activities now supported by these increased revenues.
All of the above items are being funded through their respective fund balances with the exception being the items in the Airport Fund. The increase in expenses for the Airport Fund are being funded by the increase in revenues.
Council Committee, Board/Commission Action:
N/A
Alternatives:
N/A
Recommendation:
City Council approve this Ordinance amending the City’s 2025-2026 Fiscal Year budget.