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HomeMy WebLinkAboutCOW 2014-09-22 Item 4B - Discussion - Budget Timeline and ProcessCOUNCIL AG I-CATDA SYNOPSIS - Azleetin Dale Prepared 1?)] Alayori reicein Cotdwil review 09/22/14 PMC Am/m,/ Ali Dale (K 1 I Onlinalhe Ai in Dale 131(1 /11Pcin AN Dale Public I learmc AN Dale Oiker- Alig Odle C \ 11 (;u1t) Ot$(11■1101/ ■11. ])ah SP( )\ ,ult Council i'vlayor I I /IR Ire II I) c',R. I I Po/Ice _ PV DC]) l'Inalhe — I SI'UNSOR'S Discuss the timeline and processes for enacting budget egisla ion for the following: sii\iv \Ry * 2015 Property Tax Levy Ordinance * 2013-14 Biennial Budget Amendment Ordinance * 2015-16 Biennial Budget Ordinance * 2015-20 Capital Improvement Program Resolution ,0 \ II \\I i , COW Mtg. CA&P Cinrc H 1,&s cint, 'transportation Cinte I I Utilities Cmte 7 Arts Comm. Parki, Comm. Planning Comm, DATE: COMMIT"! IT Cl IAIR: RECOMMENDATIONS: Si' )N( )I</ADM1N, CIANIMI ITEM INFORMATION ITEM No. 4.B. 19 Si Ai,i, SPoN;-,( )1k: PEGGY MCCARTHY ORICINAI. \GI;NI)A ) \ 1 k: 08/25/14 Aid \L) \ 111,\I Tiff] Budget timeline and process. 09/22/14 Am/m,/ Ali Dale 1:e■oldllon ,IN Dale 1 I Onlinalhe Ai in Dale 131(1 /11Pcin AN Dale Public I learmc AN Dale Oiker- Alig Odle C \ 11 (;u1t) Ot$(11■1101/ ■11. ])ah SP( )\ ,ult Council i'vlayor I I /IR Ire II I) c',R. I I Po/Ice _ PV DC]) l'Inalhe — I SI'UNSOR'S Discuss the timeline and processes for enacting budget egisla ion for the following: sii\iv \Ry * 2015 Property Tax Levy Ordinance * 2013-14 Biennial Budget Amendment Ordinance * 2015-16 Biennial Budget Ordinance * 2015-20 Capital Improvement Program Resolution ,0 \ II \\I i , COW Mtg. CA&P Cinrc H 1,&s cint, 'transportation Cinte I I Utilities Cmte 7 Arts Comm. Parki, Comm. Planning Comm, DATE: COMMIT"! IT Cl IAIR: RECOMMENDATIONS: Si' )N( )I</ADM1N, CIANIMI ri Li COST IMPACT / FUND SOURCE 1,1\11 \I)Iii 1 RI ()um D AmouNi Burxiii I D APPItOPRIA I ION RI QUIRLD F und Source: 'omments MTG. DATE RECORD OF COUNCIL ACTION MTG. DATE ATTACHMENTS 09/22/14 Informational Memorandum 19 20 TO: City of Tukwila Jim Haggerton, Mayor INFORMATIONAL MEMORANDUM Mayor Haggerton, Council members FROM: Peggy McCarthy, Finance Director DATE: September 22, 2014 SUBJECT: Review Budget Timeline and Process ISSUE Review the budget timeline and processes for adopting the -- • 2015 Property Tax Levy Ordinance • 2013-14 Biennial Budget Amendment Ordinance • 2015-16 Biennial Budget Ordinance • 2015-20 Capital Improvement Program Resolution BACKGROUND A Budgeting By Priorities approach was adopted for the 2015-16 biennial budget process. Priorities were established in collaboration with Council, community and staff through various forums including the following: • Joint Council/Executive Staff Workshop October 2013 • Council Retreat January 2014 • Community Budget Forum March 2014 • Budget Survey March 2014 • Joint Council/Executive Staff Workshop March 2014 • Council adoption of 2015-16 priorities June 2014 Proposals to achieve the adopted priorities were developed by staff and presented to Council for comment and approval at the July 28, 2014 Budget Update. A 2015-16 Biennial Budget Preview was conducted at the September 2, 2014 Regular Council meeting. DISCUSSION To give Council members the opportunity to hear and participate in all budget discussions, the budget review has been scheduled for one Committee of the Whole (COW) Council meeting and two Council workshops. The suggested timeline and processes for adopting budget legislation are listed in the chart below. 21 INFORMATIONAL MEMO Page 2 When Forum Agenda Items October 6 Regular Council Meeting w Proposed 2015-16 Biennial Budget presented to Council by Mayor. ~ Council briefed on budget document content and organization by Finance staff. • Finance staff responds to Council questions and requests posed at the September 22nd Budget Preview. October 13 COW Budget Document Review - General fund including departmental budgets and revenues; department directors will present highlights; all departments will be reviewed. October 20 Budget Workshop in place of Utilities Committee Budget Document Review - Other funds including V1i|hv. golf cours8, debt serviDe. self-insured healthcare and equipment rental and replacement funds. October 27 Budget Workshop in place of Trans- portation Committee Budget Document Review - Overview including fund balances and changes therein for all funds; Capital Improvement Program and Financial Planning Model. November 4 Finance & Safety Committee Meeting Review and approve: • 2015 Property Tax Levy Ordinance • 2013'14 Biennial Budget Amendment Ordinance • 2015-16 Biennial Budget Ordinance • 2015-20 Capital Improvement Program Resolution NVvennbe r1O COW Regular Council Meeting Public Hearing: • 2015 Property Tax Levy Ordinance • 2013'14 Biennial Budget Amendment Ordinance • 2015-10 Biennial Budget Ordinance • 2015-20 Capital Improvement Program Resolution Adopt legislation: • 2015 Property Tax Levy Ordinance. November 17 November 24 COW [}ecennb8r1 Regular Council Meeting Adopt legislation: • 2013-14 Biennial Budget Amendment Ordinance; • 2015-16 Biennial Budget Ordinance; • 2015-20 Capital Improvement Program Resolution RECOMMENDATION Council is being asked to review and approve the suggested timeline and processes. 22