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HomeMy WebLinkAboutReg 2008-12-15 Item 7G - Budget - 2009-2010 Budget and 2009-2014 Capital Improvement Plan (CIP)CAS NUMBER 08-154 SPONSOR'S SU:MM.\ RY Fund Source: Comments. EX PI•:NDITURI. REQ UIRED MTG. DATE 1 11/17/08 12/01/08 1 12/08/08 MTG. DATE 11/24/08 12/01/08 12/08/08 12/15/08 tlleetinQ Date 11/24/08 12/01/08 12/08/08 12/15/08 DiJcii ion n L1totwwn ,lltg Date 11/24/08 AItg Date Re 17/8/08 COUntli 11 a_ or Adra Svcs COUNCIL AGENDA SYNOPSIS Inztratr Prepared Gy 1 Mayor's review 1 Counal review SH 1 SH I I SH I AA,1= SH ITEM INFORMATION 1 ORIG INAL AG17,NDA DA'T'E: NOVEMBER 24, 2008 Review of final adjustments to the 2009 -2010 proposed budget and 2009 -2014 CIP Resolutzon Ordinance Bid Award Public Hearing 1 1 Other Mfg Date 12/15/08 ilitg Date 12/15/08 1lltg Date 1It5 Date 11/17/08 ;Virg Date DCD Fznance n Fire Legal U P &R Police 1 Pig Attached for review are the final changes to the 2009 -2010 proposed budget and 2009- 2014 CIP. Council reviewed the budget at four Councl meetings in October /November and conducted the Public Hearing on November 17, 2008. F &S Cmte RI I N:WED BY COW NItg. n CA&P Cmte Utilities Cmte n Arts Comm. 1 1 Parks Comm. DA 1 11/18/08 RECOMMENDATIONS: SPONSOR /ADMIN Approve final changes for adoption of the budget and CIP COMMPITEE Unanimous approval; forward to Committee of the Whole COST IMPACT FUND SOURCE RECORD OF C O UNC IL AC T ION Public Hearing at City Council meeting. Forward to 12/08/08 Committee of the Whole Meeting Forward to next Regular Meeting ITEAT No. ATTACHMENTS Informational memorandum dated 11/19/08 with budget errata and CIP sheets Attachments A, B and C Budget Ordinance and CIP Resolution in final form Minutes from the Finance and Safety Committee meeting of 11/18/08 Attachments listed above Informational memorandum dated 12/3/08, with revised errata data Ordinance and Resolution in final form (Please bring your copies of the proposed Budget and CIP) Ordinance and Resolution in final form Transportation Cmte n Planning Comm. AMOUNT BUDGETED APPROPRIATION REQUIRED City of Tukwi:.a Washington Ordinance No. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, ADOPTING THE BIENNIAL BUDGET OF THE CITY OF TUKWILA FOR THE 2009 -2010 BIENNIUM; PROVIDING FOR SEVERABILI'1 Y; AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS, the preliminary budget of the City of Tukwila for the year 2009 -2010 biennium was submitted to the City Council in a timely manner for their review; and WHEREAS, a Public Hearing on the proposed budget was advertised and held on November 17, 2008; NOW, THEREFORE, THE CITY COUNCIL OF THE CI I Y OF TUKWILA, WASHINGTON, HEREBY ORDAINS AS FOLLOWS: Section 1. The City Council hereby adopts the document entitled "City of Tukwila 2009- 2010 Budget," incorporated by this reference as if fully set forth herein, in accordance with RCW 35A.34.120. Section 2. The totals of the estimated revenues and appropriations for each separate fund and the aggregate totals are as follows: FUND 000 General 101 Hotel /Motel Tax 103 City Street 104 Arterial Street 105 Contingency 107 Fire Equipment Cumulative Reserve 207 Limited Tax G.O. Bonds, 1999 208 Limited Tax G.O. Bonds, 2000 209 Limited Tax G.O. Bonds, 2003 210 Limited Tax G.O Refunding Bonds, 2003 301 Land Acquisition, Recreation Park Develpmt. 302 Facility Replacement 303 General Government Improvements 401 Water 402 Sewer 404 Water /Sewer Revenue Bonds 405 Bond Reserve 411 Foster Golf Course 412 Surface Water 501 Equipment Rental 502 Insurance Fund 503 Insurance LEOFF 1 Fund 611 Firemen's Pension TOTAL ALL FUNDS COMBINED EXPENDITURES $99,536,035 3,597,148 877,000 91,553,000 892,187 767,797 1,846,965 735,000 1,531,000 1,233,000 11,272,000 7,939,000 2,276,000 15,151,301 15,862,365 1,241,435 411,000 5,137,534 11,984,134 10,324,969 13,155,217 2,282,562 1,578,000 $301,184,649 C: \Documents and Settings \All Users Desktop Kelly \MSDATA Ordinances \Budget 2009- 2010.doc KF:ksn 12/10/2008 REVENUES $99,536,035 3,597,148 877,000 91,553,000 892,187 767,797 1,846,965 735,000 1,531,000 1,233,000 11,272,000 7,939,000 2,276,000 15,151,301 15,862,365 1,241,435 411,000 5,137,534 11,984,134 10,324,969 13,155,217 2,282,562 1,578,000 $301,184,649 Page 1 of 2 Section 3. A complete copy of the final budget for 2009 -2010, as adopted, together with a copy of this adopting ordinance, shall be kept on file in the City Clerk's Office, and a copy shall be transmitted by the City Clerk to the Division of Municipal Corporations of the Office of the State Auditor and to the Association of Washington Cities. Section 4. Severability. If any section, subsection, paragraph, sentence, clause or phrase of this ordinance or its application to any person or situation should be held to be invalid or unconstitutional for any reason by a court of competent jurisdiction, such invalidity or unconstitutionality shall not affect the validity or constitutionality of the remaining portions of this ordinance or its application to any other person or situation. Section 5. Effective Date. This ordinance or a summary thereof shall be published in the official newspaper of the City, and shall take effect and be in full force and effect five days after passage and publication as provided by law. PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a Regular Meeting thereof this day of 2008. ATTEST/ AUTHENTICATED: Christy O'Flaherty, CMC, City Clerk APPROVED AS TO FORM BY- Office of the City Attorney Attachment: City of Tukwila 2009 -2010 Budget Jim Haggerton, Mayor Filed with the City Clerk: Passed by the City Council: Published: Effective Date: Ordinance Number. C. \Documents and Settings \All Users\ Desktop Kelly \MSDATA Ordinances \Budget 2009- 2010.doc KF:ksn 12/10/2008 Page 2 of 2 City of Tu ila Washington Resolution No. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, ADOPTING THE 2009 -2014 FINANCIAL PLANNING MODEL AND THE CAPITAL IMPROVEMENT PROGRAM FOR GENERAL GOVERNMENT AND THE CITY'S ENTERPRISE FUNDS. WHEREAS, when used in conjunction with the annual City budget, the Capital Improvement Program (CIP) and the Financial Planning Model for the period 2009 -2014 are resource documents to help plan directions the City will consider for the future; and WHEREAS, the Financial Planning Model and CIP are not permanent fixed plans, but are rather guidelines or tools to help reflect future goals and future resources at the time annual budgets are being planned; and WHEREAS, the commitment of funds and resources can only be made through the annual budget process; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, HEREBY RESOLVES AS FOLLOWS: Section 1. The City Council hereby adopts the 2009 -2014 Financial Planning Model and accompanying Capital Improvement Program, incorporated by this reference as if fully set forth herein. Section 2. A copy of the 2009 -2014 Financial Planning Mddel and accompanying Capital Improvement Program shall be kept on file in the City Clerks Office and is hereby attached. Section 3. The assumptions, revenues and expenditures will be reviewed and updated annually or as necessary by the City Council. Section 4. The detail of CIP projects will be reflected in the published Financial Planning Model and Capital Improvement Program 2009 -2014. PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a Regular Meeting thereof this day of 2008 ATTEST /AUTHENTICATED: Christy O'Flaherty, CMC, City Clerk APPROVED AS TO FORM BY. Office of the City Attorney Attachment: 2009 -2014 Capital Improvement Program Joe Duffie, Council President Filed with the City Clerk: Passed by the City Council. Resolution Number C: \Documents and Settings \All Users Desktop\ Kelly \MSDATA Resolutions \Financial Planning Model 01' 2009- 2014.doc sH:ksn 12 /10 /2008 Page 1 of 1