Collierville board approves budget amendments to fund generator, traffic signal and town-hall refresh

The Collierville Board of Mayor and Aldermen adopted Resolution 2026-05 on March 9, approving several amendments to the FY2026 general fund and capital project budgets that finance small facility and infrastructure projects.

Melissa Wells, Collierville’s director of finance, told the board the request would appropriate $49,576 from the general fund unassigned balance to replace an emergency generator that supports Town Hall IT servers. She also described a proposed new capital project to replace a traffic signal at Highway 72 and Center Street and said the board would appropriate $165,000 from unassigned general fund balance for that work; Wells said the lead time for a permanent signal is estimated at eight to 10 months. Administration is requesting $100,000 to establish a new non-capital project for a town-hall interior refresh and to hire a professional design firm.

Wells said finance will reflect the additional amounts in the FY2026 CIP if the board approves the amendments. When the mayor asked whether the town had filed an insurance claim for the traffic-signal work, Wells said she did not know and that risk-management staff were not present; she said she would check and report back to the board the following day.

The board moved and seconded the budget amendment; the clerk called the roll and the motion passed by roll-call vote.

Why it matters: the amendments authorize short-term spending from the town’s unassigned general fund balance to address facility needs and a local traffic-signal replacement. The signal project will require additional procurement and construction lead time, and Wells flagged an estimated eight-to-10-month wait for the permanent signal to be installed.

What’s next: Wells said staff will update the CIP to reflect adopted amounts and will report back on any insurance or reimbursement status for the traffic-signal damage.