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HomeMy WebLinkAboutCOW 2004-10-25 Item 4H - Budget - 2005 Budget and 2005-2010 Capital Improvement Program (CIP) COUNCIL AGENDA SYNOPSIS Ni s k 4 Initialr ITEM NO. Q tra 1 1 Meeting Date I Prebared by 1 Mayor's review 1 Council review 1 D ''Z f 10/25/04 I LL I /air I :I ia-, 1 I I I I I iicii t--I (N I I I I I ITEM INFORMATION CAS NUMBER: 04-149 I ORIGINAL AGENDA DATE: 10/25/04 AGENDA ITEM TITLE Review of 2005 Budget and 2005 -2010 CIP CATEGORY Discussion Motion El Resolution Ordinance Bid Award Public Hearing Other Mtg Date 10/25/04 Mtg Date Mtg Date Mtg Date Mtg Date Mtg Date Mtg Date SPONSOR Council Mayor Adm Svcs DCD Finance Fire Legal Pc°R Police PIP' SPONSOR'S Review the water and sewer sections of the CIP, and the Revenues section of the budget SUMMARY REVIEWED BY COW Mtg. CA &P Cmte F &S Cmte Transportation Cmte Utilities Cmte Arts Comm. Parks Comm. Planning Comm. DATE: RECOMMENDATIONS: SPONSOR /ADMIN. Review budgets COMMI1 I EE Two committees have started their budget reviews COST IMPACT FUND SOURCE EXPENDITURE REQUIRED AMOUNT BUDGETED APPROPRIATION REQUIRED Fund Source: Comments: MTG. DATE RECORD OF COUNCIL ACTION 10/25/04 MTG. DATE ATTACHMENTS 10/25/04 Memo from Lucy Lauterbach dated October 20, 2004 Minutes from Finance and Safety Committee (10- 18 -04) Minutes from Utilities Committee (10- 19 -04) To: City Council From: Lucy Lanterbach Alan DoerscheI Date: October 20, 2004 Subject: Review of the 2004 Budget and CIP Two committees have started reviewing the 2005 Budget and Planning Model. Alan began his overview of the budget and Attachmenl A and B last week. He would like to continue with an overview and explanation of Attachments D, E, F, and G before the Council gets into specific budgets. The Utilities Committee began their review of the Utility CI~S, including Attachments D,E, and F. They completed reviews of Water and Sewer in the CIP, and can lead the Council in your review of those sections if you have time. The Finance and Safety Committee only had time to review the Revenues, which include some overall city issues that will come up in departments. Bring both your CIP and Budget books, and depending on the time you have, you may review the CIP sections and the Revenues Section in the budget at the COW. Finance and Safety Committee October 18, 2004 Page 2 6. Budget Review Alan spent some time going over the Revenues with the Committee, as they included some anomalies that needed explanations. The Committee asked about the Lodging Tax's payments for the TOD property near McCloud, and Alan explained that they are making payments of $100,000/year for several years in order to pay offthe loan fi.om the 103 Street fund they used to buy the property. That way, when the property is sold for less than what it was bought for, there will not be a huge discrepancy. They'll pay offthe whole thing when the property is sold. The Mall's $525,000 contribution for Klickitat is shown in 2005. There are Real Estate Excise Taxes (REET) in the 301 fund that have come in fi.om the sale ofJC Penney's and Winners. Andy Berg will be paid for his carwash from these funds. Alan pointed out the Golf Course may need a loan from the general fund in the first few years after construction, as play has not returned to its former level. Them is revenue from Gordy's who is paying offthe kitchen equipment. Information. Committee chair approval Present: Pam Carter Chair; Pam Linder, Dennis Robertson Alan Doerschel, Jim Morrow, Frank Lriarte, Bob Giberson, Mike Cusick, Ryan Larson, Gail Labanara, Pat Brodin, Lucy Lauterbach 1. Budget and CIP Review The Committee began their budget review by going through the projects in the CIP. Alan explained Attachments D, E, and F which brought forth several issues in funding over the long term of the enterprise funds. They then went through first the Water fund. Jim M said the Nisqually earthquake didn't cause obvious damage, but two water pipes in the CBD got cracks that needed repair within 6 months of the shake. Infrastructure pipes will be needed, but staff decided after their analysis this year that current rates are adequate. They'll know more about pipe conditions after 2007. Rates will be looked at each year. The Committee liked the explanation of which projects on the list were new on the title page of each utility. They also asked that the term "Enterprise Funds be added on each of the utility sections, with an explanation of what an enterprise fund is. Jim M said the bids on the Allentown sewers were high, and they are still analyzing what to do about it. One issue that came up is the possibility the City may one day annex parts of water districts within the City. Developments of the Mall and at the JC Penney's site may affect the timing of the Minkler water looping. Alan had some new numbers in the Sewer fund Attachment E. Jim talked about the need for a new sewer worker, though it is not in the budget. He said they have not added new sewer staff since 1989 and there is much more infrastructure to maintain now. The Committee added a new note on Page XV to say there are remaining unsewered areas beyond 2010. Dennis said he was thinking of the Loop area, where sewers could cost $20 m. A $3m. sewer line that may extend s. orS. 180th is not in the plan yet, though it's mentioned in the Southcenter Parkway street project. The sewer fund is adequate now but could not handle any unanticipated repairs, TVS sewer lines, or issues like the higher cost of putting sewers in Allentown. The Committee discussed planning a rate increase beyond the 15% increase planned in 2006. Dennis argued that planning for another increase in 2008 was prudent fiscal strategy. Pam C thought more time and discussion should go into the decision to raise rates. The Committee asked for a matrix of all the utility rates and expected increases for the next 6 years. A new sewer line and pump station upgrade will he needed from Minkler to behind Levitz at S. 180th and eventually to S. 200th. 3. Status of Court/Council Chamber Uoerade Jim passed out a sheet with the most basic information about the upgrade. The committee was very interested in the topic, and asked for the detail sheet with what would be done by whom. Jim said they had considered putting in both laptops and flat screens, but found they were too expensive. The Council will have clip microphones with wireless transmitters. It is still unknown when the project will start. Information. Committee chair approval