Title
An Ordinance approving Amendment No. 3 to the budget for the Fiscal Year ending June 30, 2026, as adopted by Ordinances 10132, 10133, 10136, 10137, and 10138, by amending the authorized expenditures for the City. (F&BC 3-2-26)
Body
Issue/Request:
An Ordinance approving Amendment No. 3 to the budget for the Fiscal Year ending June 30, 2026, as adopted by Ordinances 10132, 10133, 10136, 10137, and 10138, by amending the authorized expenditures for the City.
Key Issues:
Transfers
-Transfer of fund balances from the closure of the Land Fill Enterprise Fund and Land Fill Special Revenue Funds to the General Fund as previously discussed during the Presentation of the Annual Comprehensive Financial Report on January 7, 2026
-Transfer $1 million from the General Fund Unallocated balance to the General Capital Fund for the Quarry Park Road Relocation project.
A brief history of the Quarry Park Road Project:
· Following the unexpected mine collapse under NW Quarry Park Road, the NW Quarry Park Road connection to Pryor Road had to be closed (December 2023).
· Due to the cost prohibitive estimate to stabilize existing NW Quarry Park Road, staff determined relocating NW Quarry Park Road was the most cost-effective permanent fix.
· This spending authority covers the design, property acquisition, and construction of relocating NW Quarry Park Road to the north and establishing a permanent connection to Bannister Road.
-Consolidation of Funds: As part of the transition from Lawson to Workday the City took the opportunity to reduce the number of funds in the organization. The City has well over 100 separate funds, using strategic consolidation we are down to 40 funds. Several of the funds were zeroed out at the end of FY25, others have their FY25 ending balance transferred to the new consolidated fund. The following outlines the funds that were consolidated.
*F265 Grants & Settlements - consolidated Grants & Settlements, Violence Against Women Act Grant (VAWA), E...
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