Title
Staff Report for a FY 2026 Budget Amendment Approving One-Time Carryover Appropriations from FY 2025 for the General Fund and Various Other Funds
Staffreport
SUMMARY AND RECOMMENDATIONS
Staff recommends the City Council Finance Committee accept and forward the report to City Council for approval of the FY 2025 year-end, carryover appropriation of funds to FY 2026.
BACKGROUND
The City Council approves annual budgets based on the best revenue and expenditure information available several months prior to the adoption of budget appropriations. The City Council approved the FY 2026 budget on June16, 2025. Budget adjustments are periodically necessary for circumstances that arise. The proposed budget amendment accounts for FY 2025 carryover appropriations to the current fiscal year (FY 2026) to allow previously funded operating program activities that are still in progress to be completed. Funds associated with capital projects (including grants and equipment) are not included and can be carried forward administratively for up to five years pursuant to Section 520 of the City Charter.
DISCUSSION
Staff recommends re-appropriation of $4,445,794 to amend the FY 2026 budget as outlined in the table below. General Fund is $2,987,123 of the requested amount, with $1,458,671 in carryover requests for Special Revenue, Internal Services, and Enterprise funds. This re-appropriation request maintains funding for previously approved Council operating initiatives that are in progress but have not yet been entered into contractual agreement or been encumbered. Attachment A provides details for each carryover request.
|
Fund |
Department |
Carryforward Request |
|
General Fund |
|
|
|
City Council |
22,089 |
|
|
Library |
17,529 |
|
|
Human Services |
2,647,505 |
|
|
Police |
300,000 |
|
Special Revenue Funds |
|
|
|
Recreation & Parks |
98,671 |
|
|
Public Works |
78,250 |
|
Enterprise Funds |
|
|
|
Water Pollution Control Plant |
44,275 |
|
|
Public Works |
160,656 |
|
Internal Service Funds |
|
|
|
IT |
962,497 |
|
|
Public Works |
114,322 |
|
Grand Total |
$4,445,794 |
FISCAL IMPACT
The proposed budget amendment will carryover appropriations of $4,445,794 from FY 2025 to FY 2026 and will increase the appropriation in the General Fund by $2,987,123. There is no drawdown from fund balance as funds were previously appropriated.
ATTACHMENTS
A: FY 2025 to FY 2026 Carryover Budget Adjustment Detail
B: Presentation - Carryover Budget Adjustment for FY 2026
PREPARED BY
Tyler Hammond, Accountant II
Felicia Silva, Assistant Finance Director