Title
Approval of an Ordinance Amending Ordinance 7330, Third Quarter Budget Amendment
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to adopt on second reading, the proposed Ordinance that amends Ordinance 7330 (Third Quarter Budget Amendment).
Report
Issue:
Whether to adopt on second reading, the proposed Ordinance that amends Ordinance 7330 (Third Quarter Budget Amendment).
Staff Contact:
Aaron BeMiller, Finance Director, 360.753.8465
Joan Lutz, Budget/Financial Analyst, 360.753.8760
Presenter(s):
None - Consent Calendar item
Background and Analysis:
Background and analysis have not changed from first to second reading.
The City Council may revise the City’s Operating Budget by approving an Ordinance. Generally, budget amendments are presented quarterly to the City Council for review and approval, however they may be made at any time during the year. The amended ordinances appropriate funds and provide authorization to expend the funds.
The ordinance includes recommended amendments to the 2022 Operating Funds, Specials Funds, and Capital Funds for department requested budget amendments for the Third Quarter in 2022.
Department requested budget amendments for Third Quarter in 2022 represents new budget adjustments and associated transfers. These appropriations total $2,600,213.
The budget amendment for the 3rd Quarter in 2022 is summarized below.
Office of Community Vitality
• Appropriation of $100,000 for Inspire Olympia. Funding comes from excess 2022 General Fund special election cost appropriation.
Public Works
• Appropriation of $66,000 from fund balance in the Sewer Capital Fund to repair storm damage at the Percival Creek Utility Bridge.
• Appropriation of $36,680 from fund balance in the Storm Water Operating Fund to pay for a late 2021 invoice from Pro-Vac for maintenance supplies.
• Appropriation of $95,000 from fund balance in the Facilities Fund to repair the brick exterior at the Timberland Library.
Parks, Arts, and Recreation
• Reduction of $35,000 in salaries and related engineering service revenues in the Planning department due to delayed hiring and reduced hours.
• Reduction of $16,000 to Recreation Program. No OSD Summer Nutrition Program or associated Department of Agriculture reimbursement in 2022.
• Appropriation of $25,000 for Arts and Events Program from engineering services revenue to support Armory operating expenses.
• Appropriation of $350,000 for the Lions Park Sprayground project. Funding from the Neighborhood Parks Impact Fees.
• Appropriation of $550,000 for the Yauger Park backstops. Funding from the Olympia Metropolitan Park District.
• Appropriation of $55,000 for the West Bay Clean Up project. Funding from a Department of Ecology grant.
• Appropriation of $20,000 for LBA Field #2 renovation. Funding from a Recreation and Conservation Office grant. Total grant amount is $350,000.
• Appropriation of $333,533 for Lilly Road Parcel Acquisition. Funding from a Recreation and Conservation Office grant.
• Appropriation of $20,000 for Yelm Highway Parcel Acquisition. Funding from a Recreation and Conservation Office grant. Total grant amount is $1,000,000.
• Appropriation of $50,000 for additional repairs to Percival Landing based on annual inspection. Funding from the Olympia Metropolitan Park District.
Neighborhood/Community Interests (if known):
The Community has an interest in the City’s budget and how funds are managed.
Options:
1. Whether to adopt on second reading, the proposed Ordinance that amends Ordinance 7330 (Third Quarter Budget Amendment). This provides staff with budget capacity to proceed with initiatives approved by Council.
2. Do not adopt the proposed Ordinance that amends Ordinance 7330 (Third Quarter Budget Amendment). Staff will not have authorization to expend the funds.
3. Consider the Ordinance at another time.
Financial Impact:
Operating Funds - total increase in appropriations of $36,680; Special Funds - total increase in appropriations of $700,000; and Capital Funds - total increase in appropriations of $1,889,533. Funding sources of funding are noted above.
Attachments:
Ordinance