City Finance Director (speaker 1) told the council the proposed amended 2025 budget covers major capital projects and program costs across seven funds and totals roughly $47.6 million. The amendment reflects encumbrance accounting required by auditors and KMAG guidance, causing project expenditures for wastewater, water and street-improvement funds to be recognized in 2025. The director also said the TIF fund will be budgeted as a distinct fund rather than run through general debt-service for clearer tracking.

Other changes include increased budget authority in the E‑911 fund for CAD/RMS software, and adjustments to the tourism and amphitheater funds to reflect higher-than-expected costs. The director recommended setting a public hearing and council moved to set Dec. 9, 2025, as the public hearing date for the proposed 2025 amended budget; the motion carried 6-0.

No final adoption occurred at the meeting; the public hearing will provide an opportunity for public comment and final council action.