approve2026-028
I move that City Council approved 2026-028 regarding the appropriation of 200,000 from free cash to the stabilization fund as presented
2026-0282026-028
2026-028 · BUDGET · 2026
An Order to appropriate $200,000.00 from Free Cash to the General Stabilization Fund.
This ordinance appropriates $200,000 from Free Cash to the General Stabilization Fund to replenish funds used to support the FY2026 General Fund budget. It follows Council Order 2025-104 and affects city finances citywide.
approved CITYWIDE
- STEP 1SubmittedFEB 10 2026
- STEP 2 · CURRENTApprovedMAR 04 2026
AI summary · plain-language
This ordinance approves transferring $200,000 from Free Cash into the General Stabilization Fund to replenish the amount previously used to fund the FY2026 General Fund operating budget, per Council Order 2025-104. The action strengthens the city’s stabilization reserves and preserves budget flexibility; reimbursement will occur once Free Cash is certified, and the measure requires a majority council vote.
Key provisions
§1 Appropriates $200,000 from Free Cash to the General Stabilization Fund.
§2 Replenishes the Stabilization Fund that funded the FY2026 General Fund budget.
§3 Replenishment will occur after Free Cash is certified.
§4 Aligned with Council Order 2025-104 and requires a majority vote.
Discussed at meetings
City CouncilCity Council Special Meeting
City Council**CANCELLED** City Council Meeting
2026-0282026-028 Appropriate $200,000 to Stabilization Fund
City CouncilBudget and Finance Subcommittee Meeting
other2026-028
Return 2026-028 to the full City Council with a positive recommendation.
2026-0282026-028
City CouncilCity Council Meeting
refer2026-028
i'd like to make a motion to refer 2026-028 in order to appropriate 200 000 from free cash to the stabilization edition fund to budget and Finance Committee