AGENDA REPORT
DATE: October 27, 2025
TO: City Commission
FROM: Bill McDaniel, City Manager
SUBJECT: Budget Amendment for Fiscal Year 2025-26
EXECUTIVE SUMMARY:
This budget adjustment appropriates $367,152 in the CDBG Fund to participate in the Community Development Block Grant Program with the US Department of Housing and Urban Development (HUD).
RECOMMENDATION:
That the City Commission adopt a resolution to approve an amendment to the budget for the year ending September 30, 2026.
FISCAL IMPACT:
Based on approval, a budget adjustment will be posted with line-item detail as shown on the attached resolution.
Prepared by: Diane Reichard, Chief Financial Officer