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HomeMy WebLinkAboutResolution No. 2026-28, Approving and Authorzing Final Budget Reappropriation for Certain Funds for the Fiscal Year Ending December 31, 2025 Resolution No. 2026-28 Approving and Authorizing Final Budget Reappropriation for Certain Funds for the Fiscal Year Ending December 31, 2025 Whereas, the City Charter (Charter) established certain processes for the preparation, passage, enforcement and alternation to the annual budget; and Whereas, Section 7.07 of the Charter authorizes the City Council (Council) to increase expenditures under two circumstances: 1) when actual revenues exceed estimated revenues; and 2) by identifying offsetting decreases in other areas of the budget; and Whereas, for the Fiscal Year ending December 31, 2025, staff identified areas requiring reappropriation subject to the Section 7.07 of the Charter; and Whereas, the revisions to expenditure budgets are all either offset by additional revenue or offsetting decreases to different expenditure line items; and Therefore, be it resolved, that the City Council of the City of Fridley hereby approves and authorizes the following amendment to the 2025 Budget. rd Passed and adopted by the City Council of the City of Fridley this 23 day of March, 2026. _______________________________________ Dave Ostwald – Mayor Attest: ________________________________________ Melissa Moore – City Clerk