Title
Approval of Amendment to Ordinance #7007 related to the Capital Budget
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve amending Ordinance #7007 on second reading.
Report
Issue:
Whether to approve the amendment to Ordinance #7007
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.
No separate ordinances were passed since the adoption of Ordinance #7007 relating to the Capital Budget.
Budget Items Not Previously Presented to the Council:
1) Appropriation of $79,250 for clean-up assessment at the State Avenue old DOT site, funded by a grant from the Department of Ecology.
2) Appropriation of $600,000 for the Port Stormwater Diversion Project, funded by a grant from the Port of Olympia.
Neighborhood/Community Interests (if known):
None noted.
Options:
1) Approve ordinance amending Ordinance #7007.
2) Do not approve the amending ordinance or re-allocation of budget. The budget items would not be authorized.
3) Modify the ordinance and direct staff to make appropriate changes to the ordinance to be presented on second reading.
Financial Impact:
Total appropriation increase of $679,250. Funding for these appropriations noted above.
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