Item Coversheet
CITY OF PEORIA, ARIZONA
COUNCIL COMMUNICATION
 
Agenda Item: 7C. 


Date Prepared:  12/3/2025 Council Meeting Date: 12/16/2025

TO:Mike Faust, City Manager 
THROUGH:
Kevin Burke, Deputy City Manager 
FROM:  Sean Kindell, Chief Financial Officer 
SUBJECT:
Fiscal Year 2026 1st Quarter Budget Amendments and Fiscal Year 2026 1st Quarter Chargebacks 

Purpose:

Discussion and possible action to approve the Fiscal Year 2026 1st Quarter Budget Amendments and Fiscal Year 2026 1st Quarter Chargebacks.

Summary:

The attached schedules list the FY2026 1st Quarter Budget Amendments and FY2026 1st Quarter Chargebacks, which under current Council and/or administrative policy require Council approval. These amendments have been reviewed by the Finance and Budget Department and are submitted to Council for approval.  The following listing describes the budget amendments by category.

 

FY2026 1st Quarter Budget Amendments Summary:

 

Carryover - Operating – The amendments in this category are for FY2025 approved items or services not received or completed by June 30, 2025. The Carryover – Operating adjustments total $197,130.

 

Carryover - Capital – The amendments in this category are for FY2025 approved items or services not received or completed by June 30, 2025.  The Carryover – Capital adjustments total $36,789,688.

 

Grants and Outside Sources: The amendments in this category represent grants & outside sources awarded to Human Resources not previously taken to Council as well as Grant carryovers awarded to Fire, Parks and Recreation, Police, and Court, which are still active. The Grants and Outside Sources adjustments total $2,660,161.

 

Clean-up: The amendments in this category represent reconciliation of operating budgets to the appropriate amounts. The clean-up adjustments total ($174,334).

 

 

 

FY2026 1st Quarter Chargebacks:

 

Chargebacks and Arts: The items in this category represent an administrative mechanism for charging capital projects for project management and procurement services provided by city staff, as well as the one percent (1%) charge for public art.  Each quarter, budget authority is moved to individual capital projects to be charged.  The Chargebacks and Arts adjustments total $955,893.

Previous Actions/Background:

No previous action has been taken on these budget amendments and carryovers.

Fiscal Analysis:

These budget amendments and chargebacks have no net fiscal impact to the city. The budget amendments are to provide expenditure authority for outside sources funds that have been received, to carry over funds from the previous fiscal year, to move existing appropriation or to correct errors.    
ATTACHMENTS:
Description
Exhibit 1: FY2026 Quarter 1 Budget Amendment Schedule
Exhibit 2: FY2026 Quarter 1 Chargebacks and Arts Schedule
Contact Name and Number:  

Sean Kindell, Chief Financial Officer, 623-773-7819