Budget Resolution 2026-140 amending the Fiscal Year 2025-26 budget to provide a supplemental appropriation to reconcile cash balance forward accounts and for the continuation of projects not completed in Fiscal Year 2024-25 in the amount of $212,927,661

City Council · 2026-05-05 · agenda_item

The City Council of Ocala has approved Budget Resolution 2026-140. This resolution provides a supplemental appropriation of over $212 million to adjust the Fiscal Year 2025-26 budget. The funds are intended to balance cash accounts and continue projects that were not finished in Fiscal Year 2024-25. This approval means that funding is now allocated for these ongoing and newly funded initiatives. The scope of work will involve various construction and trade activities related to the continuation of these projects. Local contractors, suppliers, and service providers are encouraged to connect with the city to understand the specific needs and potential opportunities arising from this budget allocation. Early engagement can provide an advantage as project details and procurement processes are established.

supplemental appropriation

212,927,661 $