Title
Approval of an Amendment to Ordinance 7152 (Special Funds)
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve the ordinance that amends Ordinance 7152 on second reading.
Report
Issue:
Whether to amend Ordinance 7152 on second reading.
Staff Contact:
Bill Sampson, Accounting Services Manager, Administrative Services, 360.753.8473
Presenter(s):
None - Consent Calendar item
Background and Analysis:
Background and analysis has not changed from first reading to second reading.
City Council may revise the City’s special funds budget 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 ordinance appropriates funds and provides authorization to expend the funds.
1. Parking and Business Improvement Area (PBIA) Fund operating expenses.
Appropriation: $22,000 for pole banners and flower basket watering expenses.
Funding: The available fund balance is being used.
2. Community Planning & Development - HUD Action Plan for Calendar Year 2018 expenditures.
Appropriation: $565,000 for Community Development Block Grant (CDBG) programs, which includes the City’s contribution to the Family Support Center Day Center.
Funding: CDBG grant for FY 2018-2019 Action Plan.
Neighborhood/Community Interests (if known):
None known.
Options:
1) Approve the ordinance that amends Ordinance 7152. Authorizes staff to expend the funds.
2) Do not approve the proposed ordinance. This will not provide funding for PBIA programs and other existing funds will have to be diverted from other needs. Staff will need to seek another funding source for the Family Support Center Day Center.
Financial Impact:
Total increase in appropriations is $587,000 and funding is available.
Attachments:
Ordinance