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An Ordinance Amending the Fiscal Year 2025 Annual Budget
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Introduction
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An Ordinance is hereby presented to modify selected appropriations in the FY25 Adopted Budget. Staff evaluates both revenues and expenditures on a continual basis. However, in most cases, only expenditure overages to a budget require an amendment.
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Recommended Action
Adopt the ordinance.
Prior Board Action
The Board has taken the following prior action:
* ORD 25-203 was the third budget amendment for FY 2025 on November 11, 2025.
Background
The annual budget provides a ceiling on spending by account, department, and fund. While every effort is made during the budget process to forecast spending accurately, there are times when a budget amendment is needed, such as in the following circumstances:
1) Funds were not entirely spent in the preceding year due to the timing of invoicing, and it is thus necessary to shift unspent funds into the current year (a "carryforward" budget amendment).
2) Unforeseen expenditures which were not budgeted are now needed (a "new money" amendment).
3) Funds are merely being moved from one account to another account within the budget (a "reclassification" amendment).
Timing Considerations
There are no specific timing considerations associated with this item.
Budget Impact
The budget amendments, as presented for Board consideration, are summarized by category as follows:
New Funding
Link Up Grant Fund $ 33,452
IDPH CRI Fund 8,800
Total $ 42,252
Fund Balance Transfer Request
General Fund $375,000
Capital Improvement Fund 26,605
Total ...
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