Title
Approval of an Ordinance Amending Ordinance 7344 (Fourth Quarter Budget Amendment)
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve the proposed Ordinance that amends Ordinance 7344 (Fourth Quarter Budget Amendment) on second reading.
Report
Issue:
Whether to approve the proposed Ordinance that amends Ordinance 7344 (Fourth Quarter Budget Amendment) on second reading.
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 did not change from first to second reading.
City Council may revise the City’s Operating Budget by approving an ordinance. Generally, budget amendments are presented quarterly to 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 Fourth Quarter in 2022.
Department requested budget amendments for Fourth Quarter in 2022 represents new budget adjustments and associated transfers. These appropriations total $2,285,658.
The budget amendment for the Fourt Quarter in 2022 is summarized below.
Office of Community Vitality
• Appropriation of $1,143,225 is shifting from the Operating Home Fund to the Capital Home Fund for the Quince Street Village Mitigation Move.
• Appropriation of $250,000 from the 2021 General Fund year-end funding to the Capital Home Fund for Quince Street Village Mitigation Move expenses.
• Appropriation of $15,000 from PBIA to the Economic Development program for the alley lighting project.
• Appropriation of $17,402 from PBIA to the Economic Development program for the holiday lighting project.
• Appropriation of $50,000 from the General Fund to the HUD Fund to payoff an outstanding internal loan balance from 2018.
Public Works
• Appropriation of $347,685 for State Avenue safety improvements. Funding from a City Safety Grant from WSDOT.
• Appropriation of $200,000 to Facilities for second floor OPD conference room improvements. Funding from excess budget capacity in OPD operating budget.
Parks, Arts, and Recreation
• Appropriation of $100,000 for permanent fencing at the Olympia Center. Funding to be transferred from excess PARD Operating budget to the Parks Improvement Fund.
Fire
• Appropriation of $1,142 for miscellaneous expenses. Funding from unanticipated registration revenue.
• Appropriation of $11,929 for fleet repair supplies. Funding from unanticipated insurance proceeds.
• Appropriation of $13,000 for fuel usage. Funding from unanticipated Fire Fleet revenue.
• Appropriation of $2,700 for overtime personnel expenses. Funding from unanticipated Medic One BLS revenue.
• Appropriation of $475,000 for overtime personnel expenses. Funding from unanticipated Medic Once ALS revenue.
• Appropriation of $6,000 for supplies. Funding from unanticipated Fire Training Center revenue.
• Appropriation of $24,000 for overtime personnel expenses. Funding from unanticipated Fire Training Center revenue.
• Appropriation of $21,800 for equipment. Funding from a grant from the Mary P Dolciani Halloran Foundation.
Neighborhood/Community Interests (if known):
None noted.
Options:
1. Approve on second reading the Ordinance amending ordinance 7344. This provides staff with budget capacity to proceed with initiatives approved by the City Council.
2. Do not approve the amending Ordinance; staff will not have authorization to expend the funds.
3. Provide other direction.
Financial Impact:
Operating Funds - total increase in appropriations of $887,973; Special Funds - total decrease in appropriations of $643,225; and Capital Funds - total increase in appropriations of $2,040,910. Funding sources of funding are noted above.
Attachments:
Ordinance