Title
Approval of Amendment to Ordinance 7021 (Operating Budget)
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve the amending ordinance on second reading.
Report
Issue:
Whether to approve the amendment to Ordinance 7021.
Staff Contact:
Dean Walz, Fiscal Services Director, Administrative Services Department, 360.753.8465
Presenter(s):
None - Consent Calendar Item.
Background and Analysis:
To change the budget the Council must approve an ordinance amending the budget. Generally, budgetary amendments are made quarterly. On occasion a budget change is made between the quarterly updates with separate ordinances approved by the council. These ordinances do not officially amend the budget ordinance, but does provide authorization to expend funds. The attached ordinance reflects ordinances which may have been adopted relating to the budget since the last quarterly update, and other proposed changes to the budget.
There was one ordinance since the adoption of ordinance 7021 relating to the Operating Budget. Ordinance 7035 was passed on August 23, 2016 appropriated an additional $700,000 within the Equipment & Facilities Replacement Reserve Fund to be used for the Washington Center for the Performing Arts Fund, HVAC project.
Budget Items Not Previously Presented to the Council:
1) Appropriation of $5,000 for an accounting intern, funded by a grant from the Washington Finance Officers. The grant is to provide governmental accounting experience to a college student.
2) Appropriation of $500,000 within the General Fund to be transferred to the Capital Improvement Fund to be used for a portion of the purchase of the Dawley property (part of the LBA Woods acquisition). This is funded by sales tax revenue in excess of the current budget for sales tax collection.
3) Appropriation of $7,150 for the Water Street Assessment project, funding is provided by a grant from the State of Washington, Department of Ecology.
4) Appropriation of $28,769 for the purchase of equipment for the Police Department. Funding is from funds received as reimbursement from a vendor due to defective equipment.
5) Appropriation of $38,300 for recreation programs, funding is from revenues received the Parks, Arts and Recreation Department in excess of budgeted revenues.
6) Appropriation of $1,000 for youth programs, funding provided by Olympia Federal through the PARC Foundation.
7) Appropriation of $11,000 to the facilities maintenance program within the General Fund for LED lighting at City Hall and the Maintenance Center. Funding is from a transfer of funds from the energy program of the Equipment & Facilities Replacement Reserve Fund to the General Fund, facilities maintenance program.
8) Appropriation of $800 for additional downtown alley flushing, funding is provided by the Parking and Business Improvement Area.
9) Appropriation of $10,758 within the Drinking Water Utility and $10,758 within the Wastewater Utility to be transferred to their respective Capital Improvement Funds for the utility mapping and asset management project. Funding is from existing resources.
10) Appropriation of $18,343 for energy conservation projects. Funding is from sales tax refunds related to previous City solar energy projects.
11) Appropriation of $50,000 for 2016 debt service (interest) on the Bond Anticipation Notes issued in 2016 for parks acquisition.
Neighborhood/Community Interests (if known):
None noted.
Options:
1) Approve ordinance amending Ordinance 7021.
2) Do not approve the amending ordinance. The budget items not previously presented to the Council would not be authorized.
Financial Impact:
Total appropriation increase of $1,381,878. Funding for these appropriations noted above.
Attachments:
Ordinance