SUBJECT:
Title
PUBLIC HEARING: A Resolution of the Town Council of the Town of Erie Providing for the Supplemental Appropriation of Money to Various Funds for the 2026 Budget Year
Department
DEPARTMENT: Finance
Presenter
PRESENTER(S): Sara Hancock, Director of Finance
Cassie Bethune, Finance Manager
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Time
TIME ESTIMATE: 30 minutes
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For time estimate: please put 0 for Consent items.
Fiscal
FISCAL SUMMARY:
Cost as Recommended: See Resolution and packet
Balance Available: Various
Fund Various
Line Item Number: Various
New Appropriation Required: Yes
Policy
POLICY ISSUES:
Council must approve Supplemental Appropriations per the Town Charter.
Recommendation
STAFF RECOMMENDATION:
Approve Resolution for a supplemental appropriations for the 2026 Budget.
Body
BACKGROUND OF SUBJECT MATTER:
The Town of Erie adopted the 2026 Budget on Nov. 18, 2025. Typically, at least twice yearly, staff review the adopted budget and year-to-date actual revenues and expenditures to determine if changes to the adopted budget are required. Based on these reviews, staff propose supplemental appropriations to update the budget to reflect actual revenues and expenditures of the prior and current year and projected revenues and expenditures for the remaining fiscal year.
The 2026 Spring Supplemental Appropriation represents staff’s conservative and prudent estimates for providing on-going, high-quality services to residents, businesses, and visitors for 2026. Although some data is presented as the total of all funds, each fund is independent of the other funds. Commentary on the requested changes and supporting financial schedules are attached.
priorities
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attachments
ATTACHMENT(S):
1. 2026 Capital Project Summary
2. Change Request Detail
3. Change Request Summary
4. Fund Balance Summary
5. Presentation
6. Memo
7. Schedule A
8. Resolution