Loading...
HomeMy WebLinkAbout2014-10-27 Special Minutes - 2015-2016 Biennial Budget Work Session• City Of Tukwila • City Council •4* Budget Work Session Location: Council Chamber Date: October 27, 2014 Begin Time: 5:30 p.m. End Time: 6:45 p.m. PRESENT Elected Officials: Jim Haggerton, Mayor; De'Sean Quinn, Council President; Councilmembers: Joe Duffie, Dennis Robertson, Allan Ekberg, Verna Seal, Kathy Hougardy, Kate Kruller Staff-- David Cline, Peggy McCarthy, Bob Giberson, Gail Labanara, Robin Tischmak, Laurel Humphrey The purpose of this work session was to continue Council review of the proposed 2015 -2016 Budget. Questions from Councilmembers and their responses will be reflected in the master spreadsheet maintained by the Council Analyst. Attachment A Finance Director Peggy McCarthy provided an overview of Attachment A of the Financial Planning Model, which combines the activities of all governmental funds except the special revenue funds and offers a projected forecast of six years. It shows financial results, budget and projections for both operating and capital governmental facilities. The forecast is developed based upon local, regional, and national trends, and unique circumstances. Councilmembers asked clarifying questions on the format and content of the document. Following discussion on Line 27, Fire Improvements, Council requested that those amounts not be included in the totals, since that is dedicated revenue. Staff agreed to the change. Governmental Funds CIP Public Works staff provided an overview of the Governmental Funds Capital Improvement Project contents in the Budget notebook. Each fund has a cover page that lists the capital projects and references the page number for further information. Councilmembers asked clarifying questions and discussed the role of grant funding in various projects. The remaining items on the agenda (Internal Service Funds, Debt Service, Enterprise Funds, and Policy Considerations) will be continued during the Committee of the Whole meeting. Material distributed prior to meeting: • Budget review notebook Material distributed at meeting: • PowerPoint presentation • Attachment A development worksheet Material distributed after meeting: • Updated Council comment spreadsheet Summary by LH