Title:
Approval of Ordinance Appropriating 2015 Special Funds
Recommended Action
Council Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to pass the attached ordinance on second reading.
Report
Issue:
Appropriations to various Special Funds.
Staff Contact:
Dean Walz, Fiscal Services Director, Administrative Services Department, 360.753.8465
Presenter(s):
Dean Walz, Fiscal Services Director, Administrative Services Department
Background and Analysis:
The background and analysis have not changed from first reading to second reading.
The City has several special accounts and funds which are not part of the Operating or Capital Budgets. These Funds have been established for administrative purposes and/or to segregate funds for special purposes.
Neighborhood/Community Interests (if known):
None.
Options:
1) Pass the ordinance on second reading as presented. The ordinance provides authority to expend funds for various purposes.
2) Pass the ordinance on second reading with different amounts.
Financial Impact:
Appropriations of $7,276,609 to various Special Funds.
Funding: $2,451,631 Revenue from External Sources
$4,690,580 Revenue from Internal Sources
$ 134,398 Net Use of Fund Balances