Title
Approval of an Ordinance Amending Ordinance 7294 (Fourth Quarter 2021 Budget Amendment)
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve the proposed Ordinance that amends Ordinance 7294 on second reading.
Report
Issue:
Whether to amend Ordinance 7294 on second reading.
Staff Contact:
Aaron BeMiller, Finance Director, Finance Department, 360.753.8465
Joan Lutz, Budget/Financial Analyst, Finance Department, 360.753.8760
Presenter(s):
None - Consent Calendar item.
Background and Analysis:
Background and Analysis did not change from first to second readings.
City Council may revise the City's Operating Budget by approving an ordinance. Generally, budget amendments are presented quarterly to Council for 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.
The attached ordinance includes recommended amendments to the 2021 Operating Funds, Specials Funds, and Capital Funds for Department request for budget amendments and utilization of America Rescue Plan Act (ARPA) for the 4th Quarter in 2021.
1. Department requests for budget amendment for 4th quarter in 2021 represent new budget adjustments and associated transfers departments requested for 2021. These appropriations total $1,993,100; and
2. Utilization of ARPA for the movement of the mitigation site from Downtown to Quince Street and Franz Anderson Property Acquisition. These appropriations total $2,500,000.
Department requests for budget amendments for the 4th quarter in 2021 are summarized below.
City Manager's Office
* $175,000 in appropriations for payroll and general professional services utilizing grants CV-1 and CV-3 from the Department of Housing and Urban Development. Funding is from grant funding.
* $50,000 in appropriations for general professional services. Funding is from unanticipated revenue from a revolvin...
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