Title
Approval of Amendment to Ordinance 7071 (Capital Budget)
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve amending Ordinance 7071 on second reading.
Report
Issue:
Whether to approve an amendment to Ordinance 7071.
Staff Contact:
Dean Walz, Fiscal Services Director, Administrative Services Department, 360.753.8465
Presenter(s):
None - Consent Calendar Item.
Background and Analysis:
Background and analysis has changed from first to second reading.
To change the budget the Council must approve a new ordinance amending the budget. Generally, budgetary amendments are made quarterly. On occasion, a budget change needs to be made between the quarterly updates and a separate ordinance will come before the Council. These ordinances do not officially amend the budget ordinance, but do 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.
No separate ordinances were passed since the adoption of Ordinance 7071 relating to the Operating Budget.
Budget Items Not Previously Presented to the Council:
1) Appropriation of $1,200 to the Percival Landing project. Funding is provided by donations to the project.
2) Appropriation of $351,802 in the City Hall Construction Fund of existing unappropriated funds. This appropriation will facilitate the transfer of funds from the City Hall Construction Fund for public art ($180,000) and transferring funds to the facilities major repair fund ($122,000), and providing additional resources for legal services ($49,802).
3) Appropriation of $150,000 for the Sea Level Rise Assessment project, funding provided by LOTT ($75,00) and Port of Olympia ($75,000).
Neighborhood/Community Interests (if known):
None noted.
Options:
1) Approve ordinance amending Ordinance 7071.
2) Do not approve the amending ordin...
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