2026 5 11 Work Session Packet

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Work Session
May 11, 2026

FINANCE DEPARTMENT

MEMORANDUM

TO: Randy Dowling, City Manager
FROM: Mike Keith, Finance Director
DATE: April 8, 2026

SUBJECT: 2025-2026 Budget Amendment

| respectfully submit the attached budget amendment. | believe most of the items are self-
explanatory based on the line items, but | will elaborate on some of the items in part |. The first
liability insurance item is related to the deductible for two public records lawsuits filed against
the City and the second liability insurance is for a general increase allocated to City Hall. The first
salary increase is for the payment to Dick Pelley and the other salary line items are to adjust to
the expected actual amount for the year. Legal services are for increased attorney fees.
Machinery & Equipment Rental is the cost related to demolishing condemned houses. Most of
the fixed asset lines are increased for police and fire grants. Maintenance projects increased for
the new monuments at Veterans Park. Program and Concessions items are increased to coincide
with the number of registrations and tournaments. The Fourth of July is to go ahead and pay a
deposit on the drone and fireworks show to decrease the cost in the FY27 budget. A deposit is

typically paid for the fireworks each year. The Transfer to the Capital Projects Fund is for the
excess fund balance transfer.

Please let me know if you need any additional information regarding this amendment.

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