Title
Approval of an Ordinance Amending Ordinance 7144 (Special Funds)
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve the ordinance amending Ordinance 7144 on second reading.
Report
Issue:
Whether to amend Ordinance 7144 on first reading and forward to second reading.
Staff Contact:
Bill Sampson, Accounting Services Manager, Administrative Services Department, 360.753.8473
Presenter(s):
None - Consent Calendar Item.
Background and Analysis:
Background and analysis has not changed from first to second reading.
City Council may revise the City’s operating and capital budgets by approving an ordinance. Generally, budget amendments are presented quarterly to Council for their review and approval but may be made at any time during the year. The amended ordinances appropriate funds and provide authorization to expend the funds.
Budget Items being presented to the Council:
1. Appropriate $26,110 to Public Works Fleet to replace a vehicle that was totaled in an accident. Funding is coming from the city’s property insurance through Washington Cities Insurance Authority.
2. Appropriate $180,950 to the Home Fund Operating Fund. Funding is from the .1 percent Housing and Related Services sales tax, which began July 1, 2018.
Neighborhood/Community Interests (if known):
None known.
Options:
1) Approve the ordinance amending Ordinance 7144.
2) Do not approve the proposed ordinance. This will not provide funding for the vehicle that was replaced and the urgent needs for Homeless services will not be able to be provided.
Financial Impact:
Total increase in appropriations by $207,600.
Attachments:
Ordinance