Title
Public Hearing on the 2025 Preliminary Operating Budget
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Hold a public hearing and receive testimony on the 2025 Preliminary Operating Budget
Report
Issue:
Whether to hold a public hearing and receive testimony on the 2025 Preliminary Operating Budget
Staff Contact:
Joan Lutz, Budget & Fiscal Manager, Finance Department, 360.753.8760
Presenter(s):
Jay Burney, City Manager
Background and Analysis:
The City Manager discussed the 2025 Preliminary Operating Budget with the City Council on September 17, October 8, and held a Study Session on October 22, 2024. The preliminary budget incorporates feedback from those discussions. The budget maintains basic service levels and programs, includes limited enhancements in priority areas, and significant expenditure reductions in the areas of personnel, general professional services, equipment, supplies, and other areas. This public hearing provides Council an opportunity to hear testimony from the public.
The 2025 Preliminary Operating Budget includes appropriations to fund:
1. General Fund - basic core municipal services such as Administration, Engineering, Finance, Facilities, Fire, Human Resources, Information Services, Municipal Court, Legal, Parks, Planning, Police, and Transportation.
2. Debt Service Funds - debt service to support outstanding debt obligations.
3. Enterprise Funds - Drinking Water, Wastewater, Storm and Surface Water, and Waste ReSources utility operations.
4. Special (dedicated) Funds - appropriations for Inspire Olympia, Lodging Tax, Parking and Business Improvement Area, and Housing/Homeless Response programs.
5. Operating transfers between funds, including revenues collected through special revenue and utility funds that will be transferred to the capital budget to support projects.
The 2025 Preliminary Operating Budget appropriates $243,822,895 million for expend...
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