Title:
Approval of Ordinance Appropriating 2017 Special Funds
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve the ordinance appropriating 2017 special funds on second reading.
Report
Issue:
Whether to approve the ordinance to appropriate various Special Funds.
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 have not changed from first to second reading.
The City has several special accounts and funds that are not part of the Operating or Capital Budgets. These Funds have been established for administrative purposes and/or to segregate funds for special purposes.
Neighborhood/Community Interests (if known):
None.
Options:
1) Approve the ordinance on second reading as presented. The ordinance provides authority to expend funds for various purposes.
2) Approve the ordinance with different amounts and approve on second reading.
Financial Impact:
Appropriations of $6,789,526 To various Special Funds.
Funding: $1,837,092 Revenue from external sources
$5,144,500 Revenue from internal sources
$ 192,066 Net gain to fund balances
Attachment:
Ordinance