Title
Approval of an Ordinance Amending Ordinance 7352 (Operating, Special and Capital Budgets)
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve on second reading, an ordinance amending Ordinance 7352 (Operating, Special and Capital Budgets).
Report
Issue:
Whether to approve on second reading, an ordinance amending Ordinance 7352 (Operating, Special and Capital Budgets).
Staff Contact:
Joan Lutz, Budget & Fiscal Manager, Finance Department, 360.753.8760
Presenter(s):
None - Consent Calendar item.
Background and Analysis:
Background and analysis have not changed 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 but may be made at any time during the year. The amended ordinances appropriate funds and provide authorization to expend the funds.
The attached ordinance includes recommended amendments to the 2022 Operating Funds and Special Funds for the following Funds:
1. Washington Center Operating Fund - $25,000 appropriation for 2022 AP accruals over allocation. Use of fund balance.
2. Miscellaneous Governmental Debt Fund - $3,000 appropriation to transfer fund balance to the General Fund. Use of fund balance.
3. Solid Waste Utility Fund - $200,000 appropriation for 2022 AP accruals over allocation. Use of fund balance.
4. Water/Sewer Bond Fund - $200,000 appropriation for debt and interest payment. Use of fund balance.
5. Stormwater Debt Fund - $20,000 appropriation for debt and interest payment. Use of fund balance.
6. Equipment Rental Fund - $200,000 appropriation for increased fuel and oil expenditures. Use of fund balance.
7. Transportation Benefit District Fund - $1,931,293 appropriation for Capital Projects. Use of fund balance.
8. Insurance Trust Fund - $10,000 appropriation for increased claims. Use of fund balance.
9. Workers C...
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