Title
Approval of 2015 Quarterly Special Funds Adjustment
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve ordinance amending special funds on second reading.
Report
Issue:
Whether to approve the amendment to Ordinance 6979
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.
To change the budget the Council must approve a new ordinance amending the budget. Generally, budgetary amendments are made quarterly. On occasion a budget change needs to be made between the quarterly updates and a separate ordinance will come before 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.
One ordinance was passed related to the Special Funds Budget reflected in the attached ordinance.
Ordinance 6966 passed June 16, 2016 combined the two Community Development Grant Funds. There was no change in total budget due to the combining of the two Funds. The amending ordinance reflects the combining of the Funds and the naming of the new combined Fund.
There were no other changes to Special Funds budget.
Neighborhood/Community Interests (if known):
None noted.
Options:
1) Approve ordinance amending ordinance 6979.
2) Do not approve the amending ordinance.
Financial Impact:
None.