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HomeMy WebLinkAboutReg 2004-12-06 Item 8A.1 - Resolution - 2005-2010 Financial Planning Model and Capital Improvement ProgramCAS NUMBER: 04-172 Fund Source: Comments: MTG. DATE 12/6/04 MTG. DATE 12/06/04 12/06/04 04-1 COUNCIL AGENDA SYNOPSIS Initials [Meeting Date Prepared by Mayor's review Council review 12/06/04 LL ITEM INFORMATION 1 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 Utilities Cmte Arts Comm. Parks Comm. DATE: RECOMMENDATIONS: SPONSOR /ADMIN. Review changes for final adoption COMMITTEE COST IMPACT FUND SOURCE EXPENDITURE REQUIRED AMOUNT BUDGETED RECORD OF COUNCIL ACTION ATTACHMENTS Attachments °A -6 and CIP project summary Draft Resolution ITEM NO. a 6) Transportation Cmte Planning Comm. APPROPRIATION REQUIRED To: Mayor City Council C44 From: Alan Doerschel Kevin Fuhrer Date: December 3, 2004 Subject: Summary of Adjustments for the 2005 -2010 Planning Model and Capital Plan Revised Attachments AB CD E F G are provided to reflect the changes made after the October 11, 2004 submittal. The biggest changes were in Attachment A. There was an increase of $3.9 million in the Planning Model by 2010. This was largely because of: Sales Tax Increases Permit Fees from Sound Transit Real Estate Excise Tax increases On the negative side, the Golf Course Fund will require an additional loan amount from the General Fund of $250,000. This is reflected in the 2005 Budget and Planning Model. REVENUES (See A -1) General Revenues Sales Tax Property Tax Utility Taxes Gambling Taxes Franchise Contract -SCL Charges /Fees for Service Trans. In -Other Funds Intergovernmental Revenue Other Taxes /Misc. Cash Carryover Subtotal Dedicated Revenues (Capital) Real Estate Taxes Motor Vehicle Taxes Interest Income Property Tax Parking Tax Transfers From Golf Course Subtotal TOTAL REVENUE AVAILABLE EXPENDITURES Operations Maintenance: (See Attachment B) Debt Service 1994 Debt Service 1999 2000 Bond Issue 2003 Admin /Engineering Overhead Subtotal Available Capital Attachment C Neighborhood Revitalization Residential Streets Parks Trails Economic Development Bridges Arterial Streets General Government Facilities General Government Subtotal Capital Balance by Year Carryover from 2004 ATTACHMENT A CITY OF TUKWILA TOTAL REVENUES EXPENDITURES 2005 -2010 Analysis in 000's 2005 2006 2007 2008 2009 2010 Totals 16,100 16,674 17,662 18,332 19,132 19,893 10,400 10,668 10,937 11,123 11,553 11,784 2,975 3,094 3,861 4,015 4,176 4,343 2,300 2,300 2,300 2,400 2,400 2,500 1,375 1,430 1,784 1,856 1,930 2,007 3,700 3,308 3,420 3,037 3,158 3,284 1,970 2,049 2,131 2,216 2,305 2,397 962 600 615 640 665 675 1,231 1,212 1,261 1,311 1,364 1,418 0 300 300 300 300 300 41,013 41,635 44,271 45,230 46,983 48,601 700 700 750 750 750 750 345 350 350 400 400 400 150 150 100 100 100 150 130 130 130 130 130 130 175 175 175 175 175 175 0 100 100 150 150 150 1,500 1,605 1,605 1,705 1,705 1,755 9,875 42,513 43,240 45,876 46,935 48,688 50,356 36,449 37,464 39,114 40,823 42,650 44,574 490 490 490 490 490 490 835 1,085 1,085 1,085 1,085 1,085 492 492 492 492 492 492 998 1,038 1,080 1,123 1,168 1,214 3,249 2,671 3,615 2,922 2,803 2,501 625 630 350 350 350 350 1,208 178 103 638 118 218 510 100 100 100 100 120 5,907 5,085 2,495 1,980 1,730 1,755 (3,020) 0 1,600 0 0 0 860 860 960 960 960 1,100 6,090 6,853 5,608 4,028 3,258 3,543 (2,841) (4,182) (1,993) (1,106) (455) (1,042) 18,601 0 0 0 0 0 Accumulated Totals 15,760 11,578 9,585 8,479 8,024 6,982 107,793 66,465 22,464 14,200 10,382 19,907 13,068 4,157 7,797 1,500 267,733 4,400 2,245 750 780 1,050 650 277,608 241,074 2,940 6,260 2,952 6,621 17,761 2,655 2,463 1,030 18,952 (1,420) 5,700 29,380 (11,619) 18,601 IV 12/03/04 Notes: ATTACHMENT B CITY OF TUKWILA Notes to Operations Maintenance Expenditures 2005 -2010 Analysis in 000's EXPENDITURES 2005 2006 2007 2008 2009 2010 Totals City Council 230 241 251 261 271 282 1,536 Mayor, Boards 1,326 1,327 1,380 1,435 1,493 1,552 8,513 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 2,556 2,375 2,482 2,594 2,710 2,832 15,549 Municipal Court 947 996 1,036 1,070 1,115 1,158 6,322 Police 10,735 11,200 11,700 12,210 12,760 13,350 71,955 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 1,866 1,956 2,042 2,132 2,224 2,321 12,541 Dept. 20 Miscellaneous 345 260 260 270 295 325 1,755 TOTAL EXPENDITURES 36,449 37,464 39,114 40,823 42,650 44,574 241,074 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 12/03/04 C City x��7���xmx Tukwila Attachment of CUP Project Cost 2005 2010 ^0k Neiahborhood Revitalization Project Page u000 u000 uoo7 0000 2009 Totals After Six No. City Other i City Other um' Other City 1 Other City Other City Other i City Other Years Parks mTrails/ESA 6 i l f 1 i pa�our�n 115 0 115 0 Cascade View Community Park 8 1 115 Tukwila City Pool 9 /r« 60 60 70 100 T�- 100 565 0 100 Rive Bend Hill 10 oo 650 0 70 r �c wam��mwm�,Gamon 11 i 165 25 7n! 1 «m /»�1 12 620 205 100 550 i 100 100 1,370 mm, Fort Dent Park 57th Ave 150 i i 0 150 150 Tukwila Pond Park w l i| 1 j I 0 o 500 Water Spray Park 15 1 T 0 0 200 16 i 0 0 30 Greenbelt Trails 1 0 0 90 r i Southgate Park Improvements 17 j 0 o mm ����~���k 19 1 o o 150 T��_ 0 o 6 4: r' 0 o zm moovwa�amram .1_. snuannomumneo�n�� wmmo'�nuovnoomau000mm 22 -r 33 i i �L� m 18 18 18 1 o 18 l 18 18 123 36 23 eo L 25 i 24 --1 i 0 0 197 L 0 -�nI Southgate Creek Park Habitat II 25 am�momr�xoamo nemv,o 1 0 i 675 mv�onaam�n�om�� ...__L u q uo 0 0 Riverton 0 o Southgate L_- -L 1 Southgate i� 31 Foster Riverbank 32 i 0 0 l�� �v~�.w"�"^=="`^="= 0 o� 2,047 Iumw�pvnnwo�,Quomy 33 1 ouum�/uvaoumo tuoo 438 /ro 693 103 93 mm 18 /m m mw /m 2,*63 1,378 7,58* SUBTOTAL Total 1,6*6 Total 871 Total 196 Total 656 Total 136 Total 336 Total 3,841 7,584 12/2/2004 5R Attachment C City of Tukwila CIP Capital Improvement Program Project Cost 2005 2010 in 000's Economic Development 12/2/2004 2006 2007 2008 2009 1 90 100 1 1.030 0 9,585 77- 9,465 Boeisq Access Rd Bridge BNRR i 37 1 90 100 1 100 1 4 i FiNSF Reg. Center Access 38 I 100 1 1 i 0 Subtotal by Source 510 1 0 SUBTOTAL Total 510 Total 100 Total 100 Total 100 Total 100 Total 120 Total 1,030 9,585! 0 0 0 0 0 Attachment C City of Tukwila CIP Project Cost 2005 2010 in 000's Economic Develooment 12/2/2004 Project Page 2035 2006 2037 2008 2009 Totals After Six No. City Other City 1 Other City Other City 1 Other City 1 Other City Other City Other Years Commercial Streets 39 r _L r i Southcenter Pkwy (S180 S 2001_ 40 1 104 277 1 1,000 18,500 1 1 th i 1,104 18,777 7,675 S 178th Realignment 41 I kiickitat/S/C pkwy/1-5 A 42 475 525 L 175 F 825 475 1,000 350 1,150 1 9,500 1 7,500 1 1,475 ?0599 Tuk Intl I■id Phase 1_038 -152) 43 I 850 850 0 Tuk Int, Blvd Phase II (116 r 44 110 4,276 i 1,286 4,200 1 1,396 8,476 TUknr1 Blvd Phase III (132 -138) 45 T 160 1,640 645 I 4,690 i i 805 6,330 S 144th StPriaie I (TIB Military)I 46 2,068 1,016 1 2,068 1,016 S 144th St Phase II (42nd TIB) 47 220 385 753 I r 605 753 Annual Overlay and Repair 48 1,391 1,250 1,250 1,400 1 i 1,401 1,400 0 1400 Traffic Signal Interconnect 49 470 190 244 756 i 8,091 714 946 2,400 InterurbanIS 143-Fort Dent Wy) 50 62 396 I 62 396 5,792 Green River Valley Signal Coor. 51 17 167 L 17 1,060 167 Annual Traffic Signal Program 52 140 140 i i 185 195 200 4-H--- 200 0 205 Tukwila Urban Center Master Plar 53 I 60 I 60 0 Tukwila Urban Center Transit Cntt 54 I 650 1 T 0 3,550 Andover Pk W (Tuk Pkwy Str.) 55 100 2,900 7,000 41 100 0 700 S 144th St Bridge- Sidewalks 56 l i 1 25 1 25 0 X Southcenter Blvd (1-5 to TIB) 57 1 r 600 I, 0 7,600 Andover Pk E/Minkler Blvd 58 1 7. 200 I 200 0 E. Marginal Wy (BAR -S 112 St) 59 I I- 35 1 4 t W Valley F11,5t/S 156th Intersectior 60 125 600 125 60 0 1,920 0 i S 133rd St/SR599 Intersection 61 I I 5 25 I 45 275 50 300 Minkler Blvd (APW S/C Pkwy) 62 425 I 0 425 APE/ Iiidditg Intersection 63 r T. L L I 30 190 1 30 19 i S iioikidoyer Pk W Intersection 64 -J,- I 80 130 80 130 8168th St (S/C Pki APE) 65 1 I 0 0 13,700 Southcenter Blvd (1-5 sist Ave B 66 L I I i 4 0 0 10,200 Tuk Int Blvii/S 116th On Rarnp 61 I Tuk Intl Blvd (BAR S 116th Wy, 68 t J. I 0 0 3,000 West Valley (I-405-Strander Blvd) I 69 H I 0 0 580 Rockery Replacement Program 70 1 I 1 I Nelsen Place (S 158di S 156thl 71 7 1 1 0 0 200 r S 143 St (Interurban-Duwamish) 72 0 0 100 S 134 St (S 133 St 48 Ave S) 73 1 h, 1 0 0 100 Strander Ext. to SW 27 St 74 i 0 0 Subtotal by Source 5.907 9.137 5,085 1 36.646 2.495 2,353 1,980 11,050 1,730 1 10,125 1,755 8,520 18,952 77,831 45,497 SUBTOTAL Total 15,044 Total 41,731 Total 4,848 Total 13,030 Total 11,855 Total 10,275 Total 96,783 45,497 CIP Capital Improvement Program Cost 2005 - 2010 ATTACHMENT D City of Tukwila WATER ENTERPRISE FUND 2005 -2010 Analysis in 000's REVENUES 2005 2006 2007 2008 2009 2010 Totals Monthly Water Charges (1) 3,975 4,000 4,100 4,100 4,150 4,150 24,475 Other Miscellaneous Revenue (2) 154 160 165 165 170 170 984 Public Works Trust Fund (3) 1,322 0 0 0 0 0 1,322 Mitigation 0 215 75 0 0 0 290 Water Connection Fees (4) 20 30 30 100 100 100 380 Beginning Working Capital 4,990 0 0 0 0 0 4,990 Total Revenues 10,461 4,405 4,370 4,365 4,420 4,420 32,441 EXPENDITURES 1 Water Operations Maintenance 2,889 2,976 3,065 3,156 3,200 3,250 18,536 Debt Service (6) 709 740 487 495 500 500 3,431 Subtotal 3,598 3,716 3,552 3,651 3,700 3,750 21,967 Water Capital CIP Program (7) 2,966 450 1,659 1,400 698 95 7,268 Total Expenditures 6,564 4,166 5,211 5,051 4,398 3,845 29,235 Cash Flow Year by Year 3,897 239 (841) (686) 22 575 3,206 Accumulated Totals 3,897 4,136 3,295 2,609 2,631 3,206 XII 12/2/2004 REVENUES Total Revenues EXPENDITURES ATTACHMENT E City of Tukwila SEWER ENTERPRISE FUND 2005 -2010 Analysis in 000's 2005 2006 2007 2008 2009 2010 Totals Monthly Sewer Charges (1) King County Metro Sewer 2,640 2,640 2,680 2,750 2,750 2,775 16,235 Regular City Sewer 1,000 1,165 1,195 1,363 1,383 1,546 7,652 Other Misc. Revenue (2) 125 130 130 135 140 145 805 Public Works Trust Fund (3) 2,508 0 0 0 0 0 2,508 Bond Proceeds (4) 0 0 0 0 0 3,500 3,500 Sewer Connection Fees (5) 50 70 100 150 150 150 670 Beginning Working Capital 2,000 0 0 0 0 0 2,000 8,323 4,005 4,105 4,398 4,423 8,116 33,370 Sewer Operations Maintenance King County Metro Sewer (6) 2,648 2,648 2,688 2,775 2,775 2,785 16,319 Regular City Sewer (7) 881 921 962 1,005 1,050 1,097 5,916 Debt Service (8) 36 150 250 250 250 250 1,186 Subtotal 3,565 3,719 3,900 4,030 4,075 4,132 23,421 Sewer Capital CIP Program 3,575 670 270 555 355 3,650 9,075 Total Expenditures 7,140 4,389 4,170 4,585 4,430 7,782 32,496 Cash Flow Year by Year 1,183 (384) (65) (187) (7) 334 874 Accumulated Totals 1,183 799 734 547 540 874 XIV ,2,2/2004 ATTACHMENT F City of Tukwila SURFACE WATER ENTERPRISE FUND 2005 -2010 Analysis in 000's REVENUES 2005 2006 2007 2008 2009 2010 Total Annual Billings (Current) (1) 1,820 2,184 2,200 2,550 2,575 3,100 14,429 Other Revenues (2) 108 70 70 75 75 75 473 Public Works Loan (PWTF) (3) 3,902 210 0 0 0 0 4,112 Sale of Surplus Property (4) 670 0 0 0 0 0 670 Transfer from 103 104 Funds (5) 720 1,280 0 0 0 0 2,000 Beginning Working Capital 3,006 0 0 0 0 0 3,006 Total Revenues 10,226 3,744 2,270 2,625 2,650 3,175 24,690 EXPENDITURES 1 Operations Maintenance (5) 1,041 1,082 1,125 1,170 1,217 1,265 6,900 Debt Service (7) 114 250 370 380 380 380 1,874 Engineering Labor (8) 0 0 90 90 95 100 375 Subtotal 1,155 1,332 1,585 1,640 1,692 1,745 9,149 SSWM Capital CIP Program (9) 7,057 2,196 1,257 1,134 1,617 690 13,951 Total Expenditures 8,212 3,528 2,842 2,774 3,309 2,435 23,100 Cash Flow Year by Year 2,014 216 (572) (149) (659) 740 1,590 Accumulated Totals 2,014 2,230 1,658 1,509 850 1,590 XVI 12/2/2004 Total Revenues EXPENDITURES ATTACHMENT G City of Tukwila GOLF ENTERPRISE FUND 2005 -2010 Analysis in 000's REVENUES 2005 2006 2007 2008 2009 2010 Total Green Fees (1) 1,252 1,450 1,550 1,650 1,750 1,880 9,532 Concession Proceeds (2) 130 145 150 160 160 165 910 Merchandise Sales 175 190 195 200 205 220 1,185 Sales Tax (3) 230 230 230 230 0 0 920 Power Cart Rentals 120 140 140 145 145 150 840 Other Revenue (4) 139 145 150 160 85 90 769 Beginning Working Capital 51 0 0 0 0 0 51 2,097 2,300 2,415 2,545 2,345 2,505 14,207 Operations Maintenance 1,387 1,442 1,500 1,560 1,622 1,687 9,198 Debt Service (5) 624 624 624 624 395 395 3,286 Payback to General Fund (6) 100 100 150 150 150 650 Subtotal 2,011 2,166 2,224 2,334 2,167 2,232 13,134 Golf Capital CIP Program 14 120 170 170 170 230 874 Total Expenditures 2,025 2,286 2,394 2,504 2,337 2,462 14,008 Cash Flow Year by Year 72 14 21 41 8 43 199 Accumulated Totals 72 86 107 148 156 199 XVIII 12/212004 A RESOLUTION OF THE CTTY COUNCIL OF THE CITY OF TUICWILA, WASHINGTON, ADOPTING THE 2005 -2010 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 2005 -2010 are resource documents to help plan directions the City will consider for the future; and WHEREAS, the Financial Planning Model and CO' 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 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 Regular Meeting thereof this day of 2004. ATTEST /AUTHENTICATED: Jim Haggerton, Council President Jane E. Cantu, CMC, City Clerk APPROVED AS TO FORM: By Office of the City Attorney c) l JU ft 2005-2010 Financial Planning Model du' 12/3/04 Page 1 of 1 Filed with the City Clerk: Passed by the City Council: Resolution Number: