File #: 15-0437    Version: 1
Type: study session Status: Filed
File created: 4/27/2015 In control: City Council
Agenda date: 5/5/2015 Final action: 5/5/2015
Title: Continued Discussion on Funding Options for a Sustainable Budget
Attachments: 1. Five Year Budget Projection
Related files: 15-0395
Title
Continued Discussion on Funding Options for a Sustainable Budget

Recommended Action
Finance Committee Recommendation:
Place on the 2015 general ballot a measure to establish an Olympia Metropolitan Parks District (OMPD) and begin charging .54 cents per $1,000 of Assessed Value.

City Manager Recommendation:
Receive and discuss information and recommendations.

Report
Issue:
Should the Council place a measure on the 2015 General Election to establish an OMPD?

Staff Contact:
Steve Hall, City Manager, 360.753.8447
Jane Kirkemo, Administrative Services Director, 360.753.8499
Paul Simmons, Parks, Arts & Recreation Director, 360.753.8462

Presenter(s):
Finance Committee (Jim Cooper, Nathaniel Jones, Cheryl Selby)
Jane Kirkemo, Administrative Services Director
Steve Hall, City Manager
Paul Simmons, Parks, Arts & Recreation Director

Background and Analysis:
At its January retreat, Council asked the Finance Committee to continue evaluating funding options for a sustainable budget. At each of the Committee's bi-monthly meetings, plus a study session with Council, and one with advisory committee chairs and citizen representatives, the Committee has evaluated various revenue options as well as expenditure changes. After an exhaustive review, the Committee is recommending to the full Council to establish an Olympia Metropolitan Parks District (OMPD) to generate approximately $3 million per year in lieu of a ballot initiative in November 2015.

At the study session, staff and committee will:

1) Review updated five-year budget projections.
2) Review gaps/efficiencies/cuts.
3) Finance Committee recommendation.

The Committee wants to work with the full Council on:

1) Messaging path forward in 2015.
2) Refining overall three to five year City Plan.
3) Next steps.

Neighborhood/Community Interests (if known):
The Committee met with advisory chairs, the Coalition of Neighborhood Associations, and other citizen groups to review ...

Click here for full text