Title
Agenda Item:
Continued discussion of the 2013 Operating Budget
Body
Issue:
Staff's review will focus on impact fees and utility rates; however, any part of the budget may be discussed.
Committee Recommendation:
The Finance Committee will present recommendations on the operating budget later.
City Manager's Recommendation:
This meeting is an opportunity to review and ask questions- action will be taken later.
Staff Contact:
Jane Kirkemo, Administrative Services Director, 360.753.8499
Presenter(s):
Steve Hall, City Manager
Jane Kirkemo, Administrative Services Director
Department Directors
Background and Analysis:
The 2013 City of Olympia Operating Budget was presented to the City Council on October 16th. The City of Olympia's 2013 Preliminary Operating Budget is $111 million. The General Fund portion is $59 million. The Preliminary 2013-2018 Capital Facilities Plan (CFP) is $134 million. The operating budget includes increases in utility rates and impact fees (see attachments).
The Operating budget will be posted on the City's website, www.olympia.wa.gov <http://www.olympia.wa.gov> by Wednesday November 7th. Additionally the budget is available for review in the City Clerk's office, Timberland Library or Evergreen State College. In addition, the Clerk's office will download a copy to a disk or USB drive upon request.
Neighborhood/Community Interests (if known):
N/A - Council will hold a public hearing on November 13
Options:
Discuss, review and request additional information from staff
Financial Impact:
The total operating budget is $111 million and the CFP is $134 million