Title
Approval of Amendment to Ordinance 7039 (Operating Budget)
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve amending ordinance on second reading.
Report
Issue:
Whether to approve the amendment to Ordinance 7039.
Staff Contact:
Dean Walz, Fiscal Services Director, Administrative Services Department, 360.753.8465
Presenter(s):
None - Consent Calendar Item.
Background and Analysis:
Background and Analysis has not changed from first to second reading.
To change the budget the Council must approve an ordinance amending the budget. Generally, budgetary amendments are made quarterly. On occasion a budget change is made between the quarterly updates with separate ordinances approved by 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.
There was one ordinance since the adoption of ordinance 7039 relating to the Operating Budget. An Ordinance 7035 was presented to the Council on November 15, 2016 to appropriate $1,347,150 within the General Fund to fund an Adaptive Response Unit within the Fire Department. Funding will be provided by a grant from the US Department of Homeland Security, Federal Emergency Management Agency (SAFER Grant).
Budget Items Not Previously Presented to the Council:
1) Appropriation of $10,000 for the Ambassador Program. This is funded by the PBIA. The PBIA budget included $43,500 for support of the Ambassador Program. The Ambassador Program budget only $33,500 as resources to come from the PBIA. This appropriation will allow the Ambassador Program to spend all the $43,500 being provided by the PBIA.
2) Appropriation of $208,000 of Fire Department revenue which exceeds the budgeted (estimated) revenue, to be used for various Fire Department needs.
3) Appropriation of $58,600 of Parks, Arts & Recreation Department revenue which exceeds the budgeted (estimated) revenue, to be used for various Parks, Arts & Recreation Department needs.
4) Appropriation of $31,700 for replacement of damaged light poles. Funding is provided by insurance reimbursements.
5) Appropriation of $1,203,000 for post-employment benefits of retired LEOFF 1 fire fighters and police officers. These benefits are required by law and were previously paid from a Trust Fund. Trust Funds do not require expenses to be budgeted. Due to changes in accounting standards, these payments can no longer be accounted for within a Trust Fund. They now have to be account for as a general expense, which requires the expenses to be budgeted. The post-employment benefits now be accounted for in a General Fund, Sub-Fund. These expenses are funded with general property tax revenues.
6) Appropriation of $250,000 within the Development Fee Revenue Fund to reimburse the General Funds for services to support development. This is funded for development fees collected.
Neighborhood/Community Interests (if known):
None noted.
Options:
1) Approve ordinance amending Ordinance 7039.
2) Do not approve the amending ordinance. The budget items not previously presented to the council would not be authorized.
Financial Impact:
Total appropriation increase of $3,108,450. Funding for these appropriations noted above.
Attachments:
Ordinance