AGENDA REPORT
DATE: November 10, 2025
TO: City Commission
FROM: Bill McDaniel, City Manager
SUBJECT: Budget Amendment for Fiscal Year 2024-25
EXECUTIVE SUMMARY:
As part of the year-end review, the following line items require a budget adjustment. All of them had revenue to support the increased appropriation.
1. General Fund - $40,000 to the Engineering Department for temporary staffing, which is covered by revenue attributed to expedited plan review services.
2. CDBG Fund - $302,400 to Community Services for construction and administrative costs associated with an approved federal grant which has been reimbursed.
3. Water/Sewer Fund - $93,300 to Utility Billing for interest paid to customers on deposits based on the revenue earned on those deposits.
RECOMMENDATION:
That the City Commission adopt a resolution to approve an amendment to the budget for the year ending September 30, 2025, which provides for the above adjustment.
FISCAL IMPACT:
Details related to these items are listed on the attached resolution.
Prepared by: Diane Reichard, Chief Financial Officer