Title
Presentation of the 2017 Preliminary Operating Budget
Recommended Action
Committee Recommendation:
The Finance Committee discussed the critical needs and utility rates at their meetings and will continue budget discussions at the November 16 meeting at noon.
City Manager Recommendation:
Move to receive the document and begin budget discussions.
Report
Issue:
Receive the City Manager's 2017 Preliminary Operating Budget
Staff Contact:
Jane Kirkemo, Administrative Services Director, 360.753.8499
Presenter(s):
Steve Hall, City Manager
Jane Kirkemo, Administrative Services Director
Background and Analysis:
The Preliminary 2017 Operating Budget will be presented Tuesday night, October 25, 2016. The document will be available on the website October 26, 2016.
The expenditure budget for 2017 is $139 million reflecting a 4.9% increase over the 2016 expenditures.
The budget does include a 1% increase for property taxes. The Council will need to declare a substantial need in order to receive the maximum 1%. The budget also includes increases in utility rates, impact fees, and general facility charges (GFCs). Following the Oct. 25, 2016, meeting, the Council will hold other public meetings to discuss the City's 2017 Budget and 2017-2022 Capital Facilities Plan (CFP).
* Nov. 1 Council review of preliminary budget
* Nov. 15 Public Hearing(s):
o CFP
o Operating Budget (including Lodging Tax)
o Ad Valorem tax
* Nov. 22 Budget Balancing
* Dec. 6 First reading on Budget and corresponding ordinances
* Dec. 13 Final adoption of budget
Neighborhood/Community Interests (if known):
Various pieces of the budget and CFP have been discussed with neighborhood groups and advisory committees.
Options:
N/A
Financial Impact:
The total budget is $139 million. The General Fund, comprised of basic municipal services is $71.7 million representing a 6.9% increase over the current budget. The largest increase is in Parks (32.8%) reflecting the inclusion of the Metropolitan Pa...
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