HomeMy WebLinkAbout2026-04-13 Finance and Governance MinutesCity of Tukwila
City Council Finance & Governance Committee
Meeting Minutes
April 13, 2026 - 5:30 p.m. - Hybrid Meeting; Hazelnut Conference Room & MS Teams
Councilmembers Present:
Staff Present:
. BUSINESS AGENDA
Verna Seal, Chair; Dennis Martinez, Hannah Hedrick
Marty Wine, Aaron BeMiller, Tony Cullerton, Megan Marks, Kim
Walden, Valerie Marino, Adam Schierenbeck
A. Resolutions: Fund Balance Policy and Financial Policies
Staff is seeking approval of resolutions to adopt a Fund Balance Policy and update existing
Financial Policies.
Committee Recommendation
Unanimous approval. Forward to April 27, 2026 Committee of the Whole.
B. Municipal Court Staffing Request
Staff is seeking approval to add 2 FTE, a Court Operations Specialist - Bailiff and a Court
Operations Specialist to support current workload in the Court.
Item(s) for follow-up:
Provide additional information about Court revenue to the Committee of the Whole.
Committee Recommendation
Unanimous approval. Forward to April 27, 2026 Committee of the Whole.
C. Business & Occupation Tax Rates and Business License Fees
Staff updated the Committee on a plan to replace the current per -employee business license
fee with a tiered fee structure, to raise the annual B&O tax threshold to $1 million, and to
implement a square footage based B&O tax for certain facilities. These changes are intended
to offset each other and produce a net -zero impact on revenues.
Committee Recommendation
Discussion only.
D. February 2026 Monthly Financial Report
Staff presented the report.
Committee Recommendation
Discussion only.
Finance & Governance Committee Minutes April 13, 2026
MISCELLANEOUS
Staff referenced the draft 2027-2028 Budget Calendar included in the packet.
The meeting adjourned at 6:42 p.m.
Committee Chair Approval