Title
Continued Discussion of the Operating and Capital Budgets
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Continued to discussion the Operating and Capital Budgets. Discussion only. No action requested.
Report
Issue:
Whether to continue discussion of the operating and capital budgets.
Staff Contact:
Debbie Sullivan, Administrative Services Director, Administrative Services, 360.753.8499
Presenter(s):
Debbie Sullivan, Administrative Services Director
Background and Analysis:
Staff will continue the discussion of operating and capital budgets as presented to City Council on October 23, 2018.
Neighborhood/Community Interests (if known):
N/A
Options:
N/A
Financial Impact:
The 2019 preliminary operating budget is $155.9 million. The General Fund portion is $81.85 million representing a 4.2% increase over the 2018 adopted budget.
The six-year capital budget and financial plan outlines investments totaling over $148 million, a slight increase over the current plan. Projects proposed to be funded in 2019 total $20,001,964 and include parks, transportation, general capital facilities, drinking water, wastewater, and stormwater improvements.
Attachments:
None