2025 12 16 Regular Session Packet

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Agenda Item 
VIII. B.  Approve FY 2025 -26 Fund Balance Transfer  from General Fund to Capital 
Improvement Fund 
 
Overview 
The city’s established General Fund unassigned fund balance policy is to maintain an amount 
equal to 75% of General Fund expenditures in reserves. Based on the current budget, that amount 
would total $16.9M. Currently, the General Fund has $19.2M in reserves and needs to transfer 
$1.7M to the Capital Improvement Fund to fund future capital projects. After the transfer  is 
made, the General Fund reserves would total approximately $17.5M , slightly above the policy 
amount, and the Capital Improvement Fund reserves would total approximately $15.5M.  
 
Following discussion during the December 8, 2025 work session, the consensus was to place 
this item on the December 16, 2025 regular session consent agenda for approval.  
 
Action to Consider 
A motion, second, and majority vote are needed to approve. 
 
Affected Departments 
Finance Department 
 
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