Mid-Biennial Budget Amendment and Adjustment

This October and November, the City Council will review proposed changes to the 2025-2026 biennial budget as part of a routine process known as a “Mid-Biennial Budget Amendment and Adjustment.” This is a normal process for cities that budget on a two-year basis. Think of it as a financial check-up, allowing the City to incorporate what it learned in the first year to fine-tune the second year of the budget.

The upcoming budget amendments and adjustments are primarily “housekeeping” in nature. This includes reallocating existing budget dollars to account for changes in project schedules and for new projects that were unknown when the budget was drafted. It will also account for new revenue sources, such as grants and the utility tax. The goal is to ensure the City’s budget remains an accurate reflection of its priorities and financial activities.

The City is pleased to report that financial results are tracking closely with projections. Finance Director Vicky Carlsen presented first-quarter 2025 results to City Council on July 15, showing that revenues and expenditures for the general fund are on track with the City’s projections.

If you are interested in learning more about this process, please tune into the City Council meetings in October and November. The meetings will include informational presentations, deliberations, and opportunities for public input. Please visit the City’s website for more information and to view the City Council meeting calendar.