Item 20 - Proposed Fiscal Year 2025-26 Mid-Year Budget Update

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Proposed FY2025-26 Mid -Year Adjustments Accounting FY25-26 Dept Account Type Fund Name Account I Description I Unit Amount Air Quality HR Revenue Improvement 03117002 Fund (AB2766) HR Revenue Workers 08209002 Compensation HR Expense Workers 08209054 Compensation HR Expense Workers 08209054 Compensation HR Expense General Fund 011090XX Library Library Library MISC MISC Cannabis Expense Public Benefit 01211020 Fund Cannabis Expense Public Benefit 01211020 Fund 50001 50001 64080 64082 61 XXX 62300 66200 Expense General Fund 01111 XXX 61 XXX Revenue General Fund 01102002 50001 Revenue General Fund 01102002 50016 Increase appropriations for the annual incentives account to align with prior year actual expenses. 50,000 There is sufficient fund balance to support the increase. Use of fund balance for Worker's Compensation claim settlements, continuation of wages, treatment 3,185,800 costs, and legal fees Increased expenses for Worker's Compensation claim settlements, continuation of wages, and 2,671,020 treatment costs Increased expenses for Worker's Compensation 514,780 legal fees Department allocation for negotiated employee 84,683 compensation increases Library's portion of the annual security camera cost increase with the new vendor, Convergint Technologies. These funds will be used for one-time 87,551 server updates. The annual maintenance cost will increase by 3% per the approved staff Report. Additional construction funding for the Newhope Library Renovation Project in the amount of $100,000 in Cannabis Public Benefit Fund funding for newly- 50,000 discovered termite damage to wooden structural support beams and exterior wood framing. The Library has $50,000 available in the FY25-26 budget. Department allocation for negotiated employee 129,385 compensation increases Scientific polling and associated professional 160,000 services, including ballot language Increase Property Tax - VLF revenue estimates 646,100 Revised 2/23/2026