TO: Finance Committee
FROM: Kevin Sing, Director of Finance
SUBJECT:
title
Ordinance Authorizing an Amendment to the Annual Budget of the City of Joliet for the 2026 Fiscal Year (2025 projects funded in 2026)
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BACKGROUND:
The City of Joliet adopted the 2026 Budget on December 16, 2025. There are projects and capital purchases that span multiple fiscal years. When this occurs, staff uses its best efforts to estimate how much will be spent in each year. This amendment is to move unspent funds for specific projects and purchases from the 2025 fiscal year to the 2026 fiscal year budget. Combining all the projects into one ordinance eliminates the need for individual amendments throughout the year.
The Finance Committee will be reviewing this item at their April 21st meeting.
CONCLUSION:
Adoption of this ordinance will move unspent funds from the 2025 fiscal year to the 2026 fiscal year. This allows previously budgeted projects and purchases to continue.
RECOMMENDATION:
recommendation
It is recommended that City Council approve this ordinance.
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