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HomeMy WebLinkAboutFS 2014-02-19 Item 2D - Discussion - 2014 Work Plan: Finance and Safety CommitteeCity of Tukwila TO: Jim Haggerton, Mayor INFORMATIONAL MEMORANDUM Mayor Haggerton Finance and Safety Committee FROM: Peggy McCarthy, Finance Director DATE: January 12, 2013 SUBJECT: Finance and Safety Committee - 2014 Work Plan ISSUE Review the topics listed on the Finance and Safety Committee - 2014 Work Plan. BACKGROUND A schedule of tentative agenda items has been developed to -- 1. inform the Committee of topics under consideration for 2014, 2. to ensure time sensitive issues come before the Committee in a timely manner, and 3. to distribute the agenda items among the meetings to achieve a balance whenever possible. FINANCIAL IMPACT None. DISCUSSION The tentative 2014 Finance and Safety Work Plan submitted with this memorandum is preliminary and contains mainly Finance department agenda items. The agenda will be developed further as the year progresses and may be populated with additional topics from the Finance and other departments and topics desired by the Committee. An updated 2014 Finance and Safety Committee Work Plan will be included in the Committee agenda packet periodically to keep the Committee members informed. RECOMMENDATION For information only. ATTACHMENTS: Finance and Safety Committee 2014 Work Plan 39 40 Finance and Safety Committee - 2014 Work Plan item Description Qtr. Dept. Status FINANCIAL POLICIES Financial Policy — Debt 2 FIN Financial Policy — Reserve, One-Time Revenue 2 FIN Financia|Po|icy — Fees 2-3 FIN Financial Policy- Other including prioritization of CIP projects ^ use of impact fees for debt service, fleet financing 2-3 FIN Procurement and budget poHcies 3 FIN REVENUE ENHANCEMENTS �Q�@���W��W�u�m������s�� Transportation Beneflt District 2 FIN Revenue enhancement — Faise Alarm Fees l FIN Revenue enhancement — Charge for Motor Vehicle Accidents 1,2 FIN BUDGET 2013-14 Budget matters 1 FIN 2015-16 Budget process update 2-3 FIN Fire Department Pipeline Employees 1 Fire Debt issuance — CIP Interurban Avenue South, Boeing Access Road 4 FIN Ordinance amending 2014 budget 4 FIN Ordinances Ievying property taxes 4 FIN Ordinance adopting 2015-2016 budget 4 FIN Resolution adopting 2015-2020 CIP 4 FIN ECONOMIC DEVELOPMENT Debt issuance — Urban Renewal 2-3 FIN Complete property purchase and select developer for Urban Renewal area 1-4 EconDev Tukwila Commons nonprofit EconDev City of Tukwila Finance and Safety Committee - 2014 Work Plan City of Tukwila OTHER Finance and Safety Committee Work plan Actuarial valuations for Self- Insured Healthcare Plans Update on Affordable Care Act Commercial vehicles in residential zones issues Ethics code (carryover from 2013) FEMA grant update Resolution adopting City's Comprehensive Emergency Management Plan International Fire Code update — 3 ordinances Resolution establishing the "Tukwila City of Opportunity" scholarship Resolutions cancelling past due accounts receivable and outstanding claims, payroll, etc Reports /Briefings ''' Frequency Dept. Sales Tax and Misc Revenue report Quarterly Finance Investment report Quarterly Finance Police Report Quarterly Police Fire Department mid -year 2014 report Semi - annually Fire Fire Department update Quarterly Fire City of Tukwila