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CONSENT ITEM — 8B <br />It <br />-i`i DEN_ HILLS <br />MEMORANDUM <br />DATE: February 9, 2026 <br />TO: Honorable Mayor and City Councilmembers <br />Jessica Jagoe, City Administrator <br />FROM: Joua Yang, Finance Director <br />SUBJECT: 2025 Budget Carryovers and 2026 Budget Amendments <br />Budgeted Amount: Actual Amount: Funding Source: <br />N/A N/A N/A <br />Council Should Consider <br />Motion(s) to approve, table or deny the following: <br />• Carryover budget funds from 2025 to 2026 for capital purchases to ensure funding remains <br />dedicated to the specific infrastructure and equipment needs in the Capital Improvement <br />Plan. <br />Discussion <br />Carr oy vers <br />It has been past practice to permit the carryover, from one year to the next, of unspent monies for <br />specific purposes so budget amounts are better matched with revenues and expenditures. <br />• Re -allocating park equipment upgrades (pickleball nets) approved by Council in 2025 to <br />align with 2026 installation schedule. <br />• Carryover of funds for multi -year infrastructure projects that take more than one year to <br />finalize. <br />• Transitioning 2025 unspent permit software balance to support final conversion phase in <br />2026. <br />Staff is asking for a reduction in the 2025 budget and a corresponding increase to the 2026 budget <br />for the following items: <br />Fund <br />Account No. <br />Amount <br />Description <br />PIR Fund <br />411-48130-42251 <br />$8,000 <br />Pickleball Nets <br />PIR Fund <br />411-48219-45900 <br />$85,000 <br />Hard Court & Trail Rehabilitation <br />PIR Fund <br />411-48201-45900 <br />$100,000 <br />Hazelnut Park Parking Lot <br />PIR Fund <br />411-48500-45900 <br />$2,225 <br />GRG Hazelnut, Chatham, & Floral Park <br />PIR Fund <br />411-48321-45900 <br />$193,000 <br />Mounds View High School Trail <br />PIR Fund <br />411-48321-33422 <br />$450,000 <br />SRTS Grant - Mounds View High School Trail <br />Water Fund <br />601-48537-33422 <br />$500,000 <br />State Grant — Lexington Ave Watermain <br />General Fund <br />101-41910-44701 <br />$60,000 <br />Permit Software <br />Page 1 of 2 <br />