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202600228

MOTION, submitted by Councilmembers Walsh and Owens, WE MOVE to amend the 2026 waterfall update (Ordinance # 202600211) so that the General Fund Contingency Account remains at 2.0% in the Carryover Waterfall and the overall percentage of reserves remains at 16.7%, two months of regular general fund operating expenditures. WE FURTHER MOVE that the City Administration use expenditures as the basis for reserve fund balances beginning this year rather than revenues. For the purposes of the FY25 carryover process, that means calculating the reserve fund balances with the FY25 final expenditures of $569,480, 270.

Motion Failed Introduced January 29, 2026
Committee
Budget, Finance & Governance Committee
Introduced
January 29, 2026
On agenda
February 2, 2026

Where it was heard

Budget, Finance & Governance Committee Feb 2, 2026 Failed of Adoption Fail

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