Title
Approval of an Ordinance Amending Ordinance 7137 (Special Funds)
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve the ordinance that amends Ordinance 7137 on second reading.
Report
Issue:
Whether to amend Ordinance 7137 on second reading.
Staff Contact:
Bill Sampson, Accounting Services Manager, Administrative Services Department, 360.753.8473
Presenter(s):
Bill Sampson, Accounting Services Manager
Background and Analysis:
Background and analysis has not changed from first to second reading.
City Council may revise the City’s operating and capital budgets by approving an ordinance. Generally, budget amendments are presented quarterly to Council for their 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.
Budget Items being presented to the Council:
1. Appropriation of $10,000 for Tree Removal and Sidewalk Replacement. Funding is coming from a WCIA grant to the Risk Management Fund.
2. Appropriation of $10,257 for debt service payment for 2010 Hands on Children’s Museum to match actual debt service payments. Funding from Fund balance.
3. Appropriation of $7,344 for new pressure washer for the PBIA.
Neighborhood/Community Interests (if known):
None known.
Options:
1) Approve ordinance that amends ordinance 7137.
2) Do not approve the proposed ordinance. This will leave a shortfall in resources available to make debt service payments, not allow much needed tree removal and sidewalk replacement, and not allow for the purchase of a pressure washer needed by the PBIA to clean sidewalks and water plants.
Financial Impact:
Total increase in appropriations by $26,257.
Attachments:
Ordinance