Title
2021 Funding Needs and Resources Update
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Receive and update on 2021 Funding Needs and Resources.
Report
Issue:
Whether to receive an Update on 2021 Funding Needs and Resources.
Staff Contact:
Nanci Lien, Finance Director, 360.756.8465
Presenter(s):
Jay Burney, City Manager
Nanci Lien, Finance Director, Finance Department
Background and Analysis:
The operations of the City are dynamic with ever changing priorities. In response to the pandemic economic recovery and emerging critical needs, City staff will present a high-level summary of updated 2021 funding needs and the proposed resources to support them for discussion purposes.
Neighborhood/Community Interests (if known):
Economic recovery from the pandemic and he City’s budgeting is of interest to many community members.
Options:
1. Receive the update.
2. Do not receive the update.
3. Receive the update at a later date.
Financial Impact:
The City’s Adopted 2021 Operating Budget appropriates $167 million in expenditures, including $88 million in the General Fund.
Attachment
2021 Funding Need and Resources