HomeMy WebLinkAbout2026-02-8870ORDINANCE NO. 2026-02-8870
AN ORDINANCE AMENDING ORDINANCE NO. 2025-06-8847, ENTITLED, "AN
ORDINANCE ADOPTING THE CITY OF PADUCAH, KENTUCKY, ANNUAL
OPERATING BUDGET FOR THE FISCAL YEAR JULY 1, 2025, THROUGH JUNE 30,
2026, BY ESTIMATING REVENUES AND RESOURCES AND APPROPRIATING FUNDS
FOR THE OPERATION OF CITY GOVERNMENT"
WHEREAS, the City of Paducah, Kentucky adopted an Annual Operating Budget for the
fiscal year beginning July 1, 2025, and ending June 30, 2026, by Ordinance No. 2025-06-8847;
and
WHEREAS, during the fiscal year it is necessary to amend the budget to account for
budgetary adjustments including salary slippage reallocations, transfers, grant funding,
donations, project funding corrections, and fund balance reallocations; and
WHEREAS, General Fund salary slippage was utilized for Parks projects including Dolly
McNutt lighting and Oak Grove Road improvements in the amount of $35,980; and
WHEREAS, General Fund salary slippage was utilized for Police projects for the taser
contract and cradlepoint routers in the amount of $71,910; and
WHEREAS, an agreement was made with the Riverport Authority to pay off a loan
balance in the amount of $145,314; and
WHEREAS, an agreement was made with the Duke & Duchess Foundation of Paducah
for a matching grant in the amount of $25,000; and
WHEREAS, an agreement was made with Paducah Cooperative Ministries to provide a
$100,000 shelter contribution; and
WHEREAS, the FY2025 appropriation for Paducah Alliance of Neighbors in the amount
of $50,000 was carried over to be re-established in the FY2026 budget; and
WHEREAS, a 2025 AFG grant was accepted in the amount of $51,818, plus local match
in the amount of $5,818 to be taken from the Fire Department's FY2026 operating budget; and
WHEREAS, the Hotel Metropolitan Mellon Grant project was placed in the Grant Fund,
and the $250,000 FY2026 appropriation from the Investment Fund should be corrected to said
account; and
WHEREAS, donations were received in the amount of $2,950 to fund additional non -
grant expenditures for the WORC Drive -In Event; and
WHEREAS, the Radio Fund is to be closed and the balance of $211,000 transferred to
project EQ0036 — "City -Wide Radio Purchase" for purchase of City radios under the new
system; and
WHEREAS, the sale of surplus property and the recovery of liens resulted in an
additional $55,052 for reinvestment; and
WHEREAS, donations were received for the annual fire prevention conference in the
amount of $23,445; and
WHEREAS, additional claims and administrative costs to the City's Health Insurance
Fund were evaluated and a subsequent increase to the City's contribution for employee
premiums was made prior to the calendar year 2026 enrollment process; and
WHEREAS, premium and endorsement estimates for general insurance coverages are
projected to fall short of actual expenses.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY OF PADUCAH,
KENTUCKY:
SECTION 1. That the annual budget for the fiscal year beginning July 1, 2025, and
ending June 30, 2026, as adopted by Ordinance No. 2025-06-8847, be amended by the following
re -appropriations:
• Increase revenue and expenditures for the Capital Projects Fund by $425,337 and
$675,337, respectively.
• Increase expenditures for the Radio Fund by $211,000.
• Increase revenue and expenditures for the Investment Fund by $100,000.
• Increase revenue and expenditures for the Grant Fund by $252,950 and $2,950,
respectively.
• Increase revenue and expenditures for the Health Insurance Fund by $500,100.
• Increase revenue and expenditures for the Insurance Fund by $88,600.
SECTION 2. This ordinance shall be read on two separat0ays and will become effective
upon summary publication pursuant to KRS
George Bray, Mayor
ATTEST:
Lindsay Parish tty Clerk
Introduced by the Board of Commissioners, February 10, 2026
Adopted by the Board of Commissioners, February 24, 2026
Recorded Lindsay Parish, City Clerk, February 24, 2026
Published by The Paducah Sun, February 27, 2026
\ord\finance\budget amend FY26 Midyear