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HomeMy WebLinkAboutCOW 2003-10-27 Item 5C - Budget - 2004 Budget and 2004-2009 Capital Improvement Program (CIP)COUNCIL AGENDA SYNOPSIS Initials Meeting Date Prepared by 1 Mayor's review' Council review I 10/27/03 LL I AA- I .0 I I I I I I I I I I ITEM INFORMATION CAS Number: 03-138 I Original Agenda Date: 10/27/03 Agenda Item Title: Review of the 2004 Budget and 2004 -2009 CIP I Original Sponsor: I Timeline: Sponsor's Summary: Cost Impact (if knnwnl Fund Source (if known) Meeting Date 10/27/03 Meeting Date 10/27/03 Council x Admin. x RECORD OF COUNCIL ACTION Action APPENDICES Attachments Budget memo from L Lauterbach dated October22,2003 ITEM No. Review those budgets and capital plans that have been reviewed in committee I Recommendations: Sponsor: Review budgets Committee: Finance and Safety Utilities and Transportation have all reviewed budgets Administration: To: From: Date: Subject: CIP Water Sewer Three committees have begun their reviews of the budget, with Utilities being the first committee to complete its review. Finance and Safety and Transportation have also reviewed budgets. There will be no budget review November 10` as Alan Doerschel will be absent. However, if committees continue to make good progress in reviewing their budgets, early adoption of the budget could be possible. Finance and Safety Revenues City Council Mayor Sister City Committee Equity and Diversity Library Advisory Board Surface Water Transportation Residential Streets Commercial Streets City Council Lucy Lauterbach October 22, 2003 Council Review of Budgets and CIP Budget pp. 2 -21 26 -28 29 -32 33 37 42 Utilities The committee wanted to be clear that Council knew of some caveats that appear if the 2003 and 2004 CIPs are compared. There is a new project named West Valley/Interurban Deep Main Replacement in Water on P. 92 of the Water CIP. New Water Supply (Cascade) shown in the 2003 -2008 Water CIP has been moved from the CIP into the budget, so it does not show up in the 2004 CIP. 2003 West Valley Hwy System Abandonments project (p. 83) was finished in 2003. Projects do not have specific budget numbers unless they are budgeted in 2004. Both water and sewer "utility" plans were changed to "comprehensive" plans. The Duwamish Basin Study in Surface Water is a placeholder only, with no funding. Budget Public Works Dept pp. Utilities Water Utility Sewer Utility 158 -159 Water /Sewer Construct 160 -161 Water /Sewer/Revbonds 162 Bond Reserve 163 Surface Water 168 -171 Residential Streets Bridges Street Equipment Rental 117 -131 155 156 -157 132 133,138 -139 140 -142 175