Fiscal Note
Carryforward Encumbrances
The 2026 adopted operating budget includes $400,000 for encumbrances associated with contracts that span multiple years, which is centrally budgeted in Direct Appropriations. The total amount carried forward from 2025 for the General Fund is $356,419. The resolution transfers centrally budgeted funds to agency budgets for carry forward encumbrances.
The total amount carried forward from 2025 for Library totals $29,450. The resolution transfers budget from the Library fund balance for carry forward encumbrances.
The total amount carried forward from 2025 for Public Health totals $430,794. The resolution transfers budget from Public Health’s fund balance for carry forward encumbrances.
Intra-Agency Transfers
The resolution authorizes $83,000 in transfers across major expenditure categories within General Fund agency budgets and $161,000 in transfers across major expenditure categories within the Fleet Fund to cover projected deficits. These transfers are net neutral across the 2026 adopted budget.
Appropriations from General Fund Contingent Reserve
The General Fund budget includes a $2.15 million contingent reserve, which is set aside in a central account in the Direct Appropriations budget. This amount can be transferred to agencies to cover unplanned costs or projected deficits.
Legistar file 92053 transferred $70,000 from contingent reserve to the water, sewer, and stormwater utilities to fund MadCAP, a comprehensive customer assistance program for the City’s municipal services bill, for the remainder of 2026. The remaining amount available in contingent reserve is $1.95 million.
This resolution transfers $500,000 from contingent reserve to agencies that are projecting overspending in non-personnel majors, where an intra-departmental transfer is not sufficient to cover the projected expenses.
· The Clerk’s office is projecting a deficit of $290,000 in supplies, primarily driven by the cost of election supplies. Th...
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