MOTION, submitted by Vice Mayor Kearney, WE MOVE that the administration prepare an analysis of the effects of amending 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%. WE FURTHER MOVE that the City Administration also analyze using expenditures as the basis for the reserve fund balances rather than revenues. The analysis should provide the pros and cons of a change of this nature and be made available within sixty days.

Motion Adopted Introduced February 3, 2026

Where it was heard