Title
Approval of the Recommended 2027 Utility Rates, General Facility Charges, Impact Fees, and Special (Dedicated) Revenues Including Inspire Olympia, Lodging Tax, Parking & Business Improvement Area, and Housing/Homeless Response Program Budgets
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve, and forward to the full Council, the recommended 2027 Utility Rates, General Facility Charges, Impact Fees, and Special (Dedicated) Revenues including Inspire Olympia, Lodging Tax, Parking & Business Improvement Area (PBIA), and Housing/Homeless Response Program Budgets.
Report
Issue:
Whether to approve, and forward, to the full Council the recommended 2027 Utility Rates, General Facility Charges, Impact Fees, and Special (Dedicated) Revenues Including Inspire Olympia, Lodging Tax, PBIA, and Housing/Homeless Response Program Budgets.
Staff Contact:
Joan Lutz, Senior Finance Manager, Finance Department, 360.753.8760
Presenter(s):
Michael Githens, Finance Director
Amelia Layton, Senior Program Specialist - Lodging Tax
Marygrace Goddu, Cultural Access Program Manager
Jennica Machado, Economic Development Director
Ashley Chambers, Housing Director
Nicole Floyd, Planning Director
Mark Russell, Public Works Director
Thanh Jeffers, Deputy Public Works Director
Ron Jones, Director of Waste ReSources
Mike Vessey, Drinking Water Utility Director
Gary Franks, Water Resources Director
Background and Analysis:
The City Manager presented an update on the 2027 Operating Budget to City Council on Tuesday, September 15. In addition, staff presented the Preliminary Capital Facilities Plan, 2027-2032 Financial Plan, to the City Council at the same meeting. Preliminary Operating and Capital budgets include revenues from utility rates, General Facility Charges (GFCs), impact fees, and special (dedicated) revenues including: Inspire Olympia, Lodging Tax, Parking, Parking & PBIA, a...
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