Timnath considers adding $5.7 million to Capital Expansion Fund

The Timnath Town Council took up on first reading an ordinance that would raise the Capital Expansion Fund's 2026 appropriation by $5.7 million, to $11,840,000.

The ordinance proposes a public hearing and second reading on Dec. 8 at 6 p.m. at the Timnath Administration Building, 4750 Signal Tree Drive. Mayor Robert Axmacher encouraged residents to comment in writing or at the hearing. "Public's encouraged to submit Written comments or participate in the public hearing on that date," he said.

The council adopted the 2026 budget on Dec. 9, 2025. The town's report estimates that 2026 spending will exceed it and says a supplemental appropriation is needed to comply with budget law.

The town estimated the fund's spending would exceed its appropriation mainly because of an $8 million transfer of accumulated park impact fees to the Capital Improvement Fund. The money is the town's contribution to the design and construction of the Community Recreation Center. The town's report says the amendment would keep expenditures within appropriations and bring the town into compliance with budget law.

A staff member said savings based on the timing of capital projects offset the transfer, and that the requested increase in the fund's appropriation was $5.7 million.

Another speaker asked what accounted for the $700,000. A staff member said the $700,000 related to a different project but could not identify it during the meeting. "I can't tell you exactly what it is off the top of my head," the staff member said.

The proposed budget changes these impact-fee lines:

• Parks: $8,700,000, an increase of $8,700,000
• Public buildings: $200,000, an increase of $200,000
• Stormwater: $100,000, an increase of $100,000
• Transportation: $6,122,657 originally and $2,800,000 revised, a listed change of (3,300,000)