HomeMy WebLinkAboutFS 2013-06-18 Item 2D - Review - Finance and Safety Committee Work PlanTO:
City of Tukwila
Jim Haggerton, Mayor
INFORMATIONAL MEMORANDUM
Mayor Haggerton
Finance & Safety Committee
FROM: Peggy McCarthy, Finance Director
DATE: June 18, 2013
SUBJECT: Finance and Safety Committee Work Plan
ISSUE
Review the Finance and Safety Committee Work Plan.
BACKGROUND
The work plan was developed in the first quarter of 2013 to guide committee activity.
DISCUSSION
Periodic review, discussion and revision of the plan will keep it relevant as new information
becomes available and the year progresses. The current plan is attached.
RECOMMENDATION
Information only.
ATTACHMENTS
Finance and Safety Committee — 2013 Work Plan
25
26
INFORMATIONAL MEMO
Page 2
Item provided by Committee Chair.
W:12013 F &S \FS Work Plan 6 -18 -13 a.docx
Plan Detail Timing Dept
Item Plan Description
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BUDGETED PLANS:
Action and Discussion Items
1
Local Improvement District & Bond Issuance
1. Legislation of an administrative type
2. Ordinance approving assessment role
3. Ordinance approving issuance of bonds
Q1, 2 & 3
Finance
2
Financial and other policies
1. Electronic devise usage policy
2. Reserve Policy
3. Debt Policy
4. Capital funding policy
5. Equipment replacement funding
6. Attachment A and CI P
7. Ethics Policy, Q3
Q2 &3
Finance/
IT /Legal
3
Revenue enhancement
1. Insurance company charge for police/fire accident support on l5 &1405
2. Transportation Benefit District
3. False alarm fee review, increase
Q3
Finance/
Fire
5
6
Budget amendments
GolfCoursefinancial review
1. Capital projects, CIP
2. Revenue adjustments
3. New or unbudgeted initiatives
Q3 & 4
Finance
1. Cost reduction
2. Working capital sufficiency
3. Indirect cost allocation (ICA) affordability
4. Subsidy by General Fund - net amount with and without ICA
5. Marketing and management strategies
Q2
Q3
Finance/
Park & Rec
7
Sewer Fund financial review
1. Sufficient working capital
2. Interfund utility tax
Q3
Finance/
Public
Works
8
Mandatory legislation not covered elsewhere in
Plan
1. Property tax levy ordinance
2. Cap on property tax levy
Q4
Finance
9
Compensation
1. Compensation study
2. Compensation goals and purpose statement at a 'high level'
3. Council roles and responsibility statement regarding employee
compensation
4. Annual & union contract driven compensation processes and procedures
5. Temporary Judicial Support Associate
Q2, Q3,
Q4
HR / Court /
Other
10
City facilities
1. Scoping, research and recommendations
Q2 & 3
Public
Works
11
Tourism Promotion Area,
01 & Q2
EconDev
12
Tukwila Village progress
Q2
EconDev
13
Urban renewal holdings and Crime Reduction
Initiatives
1. F&S provides oversight to the Administration 's plans for TIE crime
reduction.
EconDev/
Police
Reports /Briefings Frequency
14
15
Investment report
Sales Tax & Misc Revenue report
Quarterly
Quarterly
Finance
Finance
Finance
Finance
Finance
Finance
16
Financial Report, AttachmentA
Quarterly
Finance
Finance
Finance
17
18
Police Activity Report
Fire Activity Report
Quarterly
Quarterly
Police
Fire
Police
Police
Fire
Fire
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NEW INITIATIVES /OTHER:
19
Expenditure reductions
j
Finance
Item provided by Committee Chair.
W:12013 F &S \FS Work Plan 6 -18 -13 a.docx