HomeMy WebLinkAboutSpecial 2004-12-13 Item 5C - Resolution - 2005-2010 Financial Planning Model / Capital Improvement Program (CIP) N1 LA COUNCIL AGENDA. SYNOPSIS
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ITEM INFORMATION
CAS NUMBER: 04-172 I ORIGINAL AGENDA DATE: 10/04
AGENDA ITEM TITLE Review final changes to 2005 -2009 CIP and Fiinancial Planning Model
CATEGORY Discussion Motion Resolution Ordinance ['Bid Award Public Hearing Other
Mtg Date 12/06/04 Mtg Date Mtg Date Mtg Date Mtg Date Mtg Date Mtg Date
SPONSOR Council Mayor Adm Svcs DCD Finance Fire Legal P&R Police PW
SPONSOR'S An adopting resolution and changes to the projects, funding, and Attachments are all
SUMMARY shown for your review. If they meet your approval, they will be ready for adoption
December 13
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 changes for final adoption
COMMITTEE
COST IMPACT FUND SOURCE
EXPENDITURE REQUIRED AMOUNT BUDGETED APPROPRIATION REQUIRED
Fund Source:
Comments:
MTG. DATE RECORD OF COUNCIL ACTION
12/6/04 Discussed at Regular meeting. Proposed changes to Attachments A B presented.
Consensus existed to forward the item to the December 13 Special meeting
for consideration /action.
MTG. DATE ATTACHMENTS
12/06/04 Attachments'A -G and CIP project summary
12/06/04 Draft Resolution
12/13/04 Memorandum to Mayor Council dated December 9, 2004 Including final Attach.
A B
Resolution: (f
To:
Mayor & City Council . 0
Alan R. Doerschel C\ I~
From:
Date:
December 9, 2004
Subject:
Final Attachments A & B
The final Attachment A reflects several changes since the October 17,2004 original submittal.
· Additional Carryovers from 2004 (Net)
· Sales Tax increased 2005-2010
· Permit Fee increases (2005)
· Grant Carryovers
· Capital Increase
· 0 & M increases
· Additional Golf Repayment & other smaller changes
Total Changes (Net)
$l,963,000
800,000
500,000
407,000
-230,000
-776,000
345,000
$3,009,000
October 11, 2004 Balance at 2010
Net Changes
Final Attachment A Amount at 2010
$3,045,000
3,009,000
$6,054,000
---
ATTACHMENT A
CITY OF TUKWILA
TOTAL REVENUES & EXPENDITURES
2005-2010 Analysis in OOO's
-REVENUES (SeeA-1) 2005 2006 2007 2008 2009 2010 Totals
General Revenues
Sales Tax 16,100 16,674 17,662 18,332 19,132 19,893 107,793
Property Tax 10,400 10,668 10,937 11 ,123 11,553 11,784 66,465
Utility Taxes 3,005 3,094 3,861 4,015 4,176 4,343 22,494
Gambling Taxes 2,300 2,300 2,300 2,400 2,400 2,500 14,200
Franchise Contract-SCL 1,375 1 ,430 1,784 1,856 1,930 2,007 10,382
Charges/Fees for Service 3,700 3,308 3,420 3,037 3,158 3,284 19,907
Trans. In-Other Funds 1,970 2,049 2,131 2,216 2,305 2,397 13,068
Intergovernmental Revenue 1,032 600 615 640 665 675 4,227
Other Taxes/Misc. 1,231 \ 1,212 1,261 1,311 1,364 1,418 7,797
Cash Carryover 0 300 300 300 300 300 1,500
Subtotal 41,113 41,635 44,271 45,230 46,983 48,601 267,833
Dedicated Revenues (CaDital)
Real Estate Taxes 700 700 750 750 750 750 4,400
Motor Vehicle Taxes 345 350 350 400 400 400 2,245
Interest Income 150 150 100 100 100 150 750
Property Tax 130 130 130 130 130 130 780
Parking Tax 175 175 175 175 175 175 1,050
Transfers From Golf Course 0 100 100 150 150 150 650
Subtotal 1,500 1,605 1,605 1,705 1,705 1,755 9,875
TOTAL REVENUE
AVAILABLE 42,613 43,240 45,876 46,935 48,688 50,356 277,708
EXPENDITURES
.- ...
-- -..
Operations & Maintenance: 36,704 37,464 39,114 40,823 42,650 44,574 241,329
(See Attachment B)
Debt Service - 1994 490 490 490 490 490 490 2,940
Debt Service - 1999 & 2000 835 1,085 1,085 1,085 1,085 1,085 6,260
Bond Issue - 2003 492 492 492 492 492 492 2,952
Admin/Engineering Overhead 998 1,038 1,080 1,123 1,168 1,214 6,621
Subtotal Available 3,094 2,671 3,615 2,922 2,803 2,501 17,606
CaDital - Attachment C
Neighborhood Revitalization.
Residential Streets 625 630 350 350 350 350 2,655
Parks & Trails 1,208 178 103 638 118 218 2,463
Economic Development
Bridges 510 100 100 100 100 120 1,030
Arterial Streets 5,907 5,085 2,495 1,980 1,730 1,755 18,952
General Government
Facilities (2,687) 0 1,600 0 0 0 (1,087)
General Government 1,220 860 960 960 960 1,100 6,060
Subtotal Capital 6,783 6,853 5,608 4,028 3,258 3,543 30,073
Balance by Year (3,689) (4,182) (1,993) (1,106) (455) (1,042) (12,467)
Carryover from 2004 18,521 0 0 0 0 0 18,521
Accumulated Totals 14,832 10,650 8,657 7,551 7,096 6,054
IV 12/09/04
ATTACHMENT B
CITY OF TUKWILA
Notes to Operations & Maintenance Expenditures
2005-2010 Analysis in OOO's
EXPENDITURES 2005 2006 2007 2008 2009 2010 Totals
City Council 230 241 251 261 271 282 1,536
Mayor, Boards 1,324 1,327 1,380 1 ,435 1 ,493 1,552 8,511
Administrative Services 1,414 1 ,486 1,555 1,623 1,694 1,769 9,541
Finance 1,525 1,601 1,673 1,748 1,827 1,909 10,283
City Attorney 393 412 429 446 464 482 2,626
Recreation 2,608 2,738 2,861 2,989 3,124 3,265 17,585
Parks 835 879 913 949 987 1,027 5,590
Community Development 2,558 2,375 2,482 2,594 2,710 2,832 15,551
Municipal Court 947 996 1,036 1,070 1,115 1,158 6,322
Police 10,805 11 ,200 11,700 12,210 12,760 13,350 72,025
Fire 8,536 8,758 9,152 9,563 9,994 10,444 56,447
Public Works 3,133 3,235 3,380 3,533 3,692 3,858 20,831
Street Maintenance 2,051 1,956 2,042 2,132 2,224 2,321 12,726
Dept. 20 Miscellaneous 345 260 260 270 295 325 1,755
TOTAL EXPENDITURES 36,704 37,464 39,114 40,823 42,650 44,574 241,329
Notes:
Most departments are limited to an increase of 5.0% for 2006 and to a 4.0%-4.5% increase for the
years 2007-2010 due to the expected increases in health care, retirement rates, and general
inflationary pressures. Most of the increases will be related to salaries and benefits. Moderate COLAS
are projected along with the normal annual step increases.
The Rainy Day contingency and the estimated ending fund balances are not shown here as budgeted
amounts because they are considered reserves to be used in emergencies.
VII
12/09/04
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City of Tukwila
Washington
Resolution No.
A RESOLUTION OF THE CITY COUNOL OF THE CITY OF
TUKWILA, WASIDNGTON, ADOr .1U~G THE 2005-2010 FINANCIAL
PLANNING MODEL AND THE CAPITAL IMPROVEMENT
PROGRAM FOR GENERAL GOVERNMENT AND THE CI1Y'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 2005-2010 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 COUNOL OF THE CITY OF TUKWILA,
WASHINGTON, HEREBY RESOLVES AS FOLLOWS:
Section 1. The 2005-2010 Financial Planning Model and accompanying Capital
Improvement Program are hereby adopted.
Section 2 The assumptions, revenues and expenditures will be reviewed and updated
annually or as necessary by the City Council.
Section 3. The detail of CIP projects will be reflected in the published Financial Planning
Model and Capital Improvement Program 2005-2010.
PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a
Special Meeting thereof this day of . 2004.
ATTEST! AUTHENTICATED:
Jim Haggerton, Council President
Jane E. Cantu, CMC, City Oerk
APPROVED AS TO FORM:
Filed with the City Oerk:
Passed by the City Council:
Resolution Number:
By
Office of the City Attorney
Financial Planning Model & or 2005-2010 12/10/04
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