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H. GF Budget Amendment Public HearingTo: Jarod Nygren, Interim City Manager From: Aimee Cooke, Finance Director Re: Public Hearing regarding amending the fiscal year 2026 General Fund Budget Meeting Date: December 1, 2025 BACKGROUND: At the November 17, 2025, regular meeting, the City Council set a public hearing for December 1, 2025, to consider an amendment to the fiscal year 2026 General Fund budget. During the FY2026 budget process, the City designated General Fund carryover cash for the Central Garage project. A budget amendment is now required to formally appropriate those funds and authorize a $600,000 transfer from the General Fund to the Central Garage Fund to support initial design activities for the new facility. RECOMMENDATION: It is recommended that the City Council open and close a public hearing to accept comments on the budget amendment. FISCAL IMPACT: The amendment utilizes existing General Fund carryover cash that was designated for the Central Garage project during the FY2026 budget process. General Fund: Increases expenditure appropriations by $600,000 for the transfer out. Central Garage Fund: Increases revenue and expenditure appropriations by $600,000. This transfer does not affect the General Fund's overall carryover position, as the funds were included in the FY2026 beginning balance and designated for this purpose. ATTACHMENTS: Fiscal year 2026 General Fund Budget with amendment Fiscal year 2026 Central Garage Budget with amendment