Title
Approval of Amendment to Ordinance 6997 (Capital Budget Quarterly Adjustment)
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve amending Ordinance 6997 on second reading.
Report
Issue:
Whether to amend Ordinance 6997, the Capital Budget Quarterly Adjustment.
Staff Contact:
Dean Walz, Fiscal Services Director, Administrative Services Department, 360.753.8465
Presenter(s):
Dean Walz, Fiscal Services Director
Background and Analysis:
The background and analysis have not changed from first to second reading.
To change the budget the Council must approve a new ordinance amending the budget. Generally, budgetary amendments are made quarterly. On occasion a budget change needs to be made between the quarterly updates and a separate ordinance will come before the Council. These ordinances do not officially amend the budget ordinance, but does provide authorization to expend funds. The attached ordinance reflects ordinances which may have been adopted relating to the budget since the last quarterly update, and other proposed changes to the budget.
One ordinance was passed since the adoption of ordinance 6997 relating to the Capital Budget.
Ordinance 6999 passed on January 12, 2016, which appropriated $203,200 for the Quince Street Sidewalk Project, funded by a Safe Routes to School grant.
Budget Items Not Previously Presented to the Council:
1) Appropriation of $50,000 for additional cost related to the City Hall construction project, primarily legal fees. Funded from existing resources in the City Hall Construction Fund.
2) Appropriation of $55,281 for the Harrison Avenue project and $55,281 appropriation in the Transportation Impact Fee Fund budget for funds to be transferred to the Capital Improvement Fund. Funding is from Transportation Impact fees previously collected.
3) Reduction of $639,300 in the Storm and Surface Water Capital Improvement Fund. The original 2016 CFP ordinance was overstated by this amount (an administrative error).
4) Re-distribution of $50,000 each from the Flood Mitigation, Water Quality and Aquatic Habitat programs to fund the 2016 Storm and Surface Water Plan. There is no overall increase in the Storm and Surface Water Capital Improvement Fund.
5) Appropriation of $400,000 within the Capital Improvement Fund for various programs, funded by transfer from the General Fund as part of the appropriations of General Fund, fund balance (see amendments to Operating Budget):
$ 50,000 Americans with Disabilities program
$150,000 Hazard Trees
$200,000 East Bay erosion project, design and permitting
Neighborhood/Community Interests (if known):
None known.
Options:
1) Approve ordinance amending ordinance 6997.
2) Do not approve the amending ordinance or re-allocation of budget. The budget items would not be authorized.
Financial Impact:
The total increase in appropriations is $124,462. The sources of funding of these appropriations are noted above.