Title
Agenda Item:
Public Hearing on the 2013 Operating Budget, Capital Facilities Plan, Impact Fees, and Lodging Tax
Body
Issue:
An opportunity for the public to comment on the 2013 Preliminary Operating Budget, Capital Facilities Plan, Impact Fees, and Lodging Tax recommendations
Committee Recommendation:
The Finance Committee will present recommendations on the operating budget at a later date.
City Manager's Recommendation:
Open the public hearing and take comments on the 2013 Preliminary Budget. The Council should close the public hearing but may choose to accept written comments until a later specified date and time.
Staff Contact:
Jane Kirkemo, Administrative Services Director, 360.753.8499
Presenter(s):
Jane Kirkemo, Administrative Services Director
Julie Hankins, Councilmember and Lodging Tax Committee Chair
Thad Curtz, Utility Advisory Committee Chair
Background and Analysis:
The 2013 Preliminary Operating budget was presented on October 16, 2012. The public hearing provides an opportunity for the council to hear from the public on the Capital and Operating Budgets of the city.
Operating Budget
The 2013 Operating Expenditure Budget is $113 million. This represents a 1.3% increase over the 2012 budget. The General Fund, comprising the basic municipal services, is $59 million or a 1% decrease.
The utilities comprise about 38% of the total budget. The Utility budgets include the following increases in residential rates:
Drinking Water: 7% revenue increase
Wastewater -0- rate increase
Stormwater: 6% rate increase
LOTT 3% rate increase
Waste Resources: -0- rate increase
Attachment #1 provides additional information about the proposed Drinking Water Rates.
See attachment #2 for the GFC (General Facilities Charges) rate increases.
Capital Facilities Plan (CFP)
The 2013-2018 City of Olympia Capital Facilities Plan is $134 million. The School District CFP was presen...
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