Budget amendment: $275K redirect to park improvements
Would shift $275,000 from park professional fees to capital projects, funding improvements to park infrastructure if approved.
Item #35
Regular City Council Meeting
Budget amendment: $15.9M transfer from reserves to Fund 103
Budget & Finance
$15.9M
, Red tier (over $1 million)
City is moving $15.9 million from its General Fund reserves to another fund (Fund 103) to cover fiscal year 2025 operations. This taps into savings, potentially reducing the city's financial cushion.
Funding source:
General Fund
Action type:
Budget amendment
passed
7–0