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Consideration of FY 2026 Mid-Year Supplemental Appropriations to the Water and Sewer Fund in the Amount of $426,418 and the Maintenance and Replacement Fund in the Amount of $2,830,000.
request
ADMINISTRATIVE COMMENTS:
As part of the mid-year budget process, both revenue and expense accounts are reviewed for all operating funds. A presentation will be provided during the June 1, 2026, City Council workshop session that outlines the financial trends the City has seen through the first half of the fiscal year. The analysis also provides a determination of any supplemental appropriations that may be needed for the remainder of FY 2026. The analysis indicates a need for $426,418 in the Water and Sewer Fund for a debt reserve transfer payment and $2,750,000 in the Maintenance and Replacement Fund. This includes $1.9 million for the replacement of Fire Engines 1 and 3, costs that have already been funded through prior annual replacement contributions and now require appropriation for payment as Engines 1 and 3 are ready for delivery. Additionally, $729,000 is needed for two ambulance body replacements (with chassis already funded), along with $200,000 to address increased costs for fleet automobile parts.
RECOMMENDATION:
That the City Council approve the supplemental appropriation as set forth in the caption above.