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HomeMy WebLinkAbout2014-10-30 Special Minutes - 2015-2016 Biennial Budget Work SessionCity Of Tukwila • City Council •4* Budget Work Session Location: Council Chamber Date: Thursday, October 30, 2014 Begin Time: 5:08 p.m. End Time: 7:22 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 City Staff: David Cline, Peggy McCarthy, Jack Pace, Bob Giberson, Gail Labanara, Laurel Humphrey The purpose of this work session was to continue Council review of the proposed 2015 -2016 Budget. Council President Quinn welcomed attendees and announced that the meeting would serve to allow Councilmembers to review the spreadsheet of Council comments and questions and ensure their questions have been answered prior to moving forward. Remaining items requiring additional follow -up are described below, referenced by their line number on the spreadsheet. 1 IT After - action report Council will receive a briefing in 2015 4 Cost of new point of sale system Estimate will be available by end of 2015 5 Veterans discount at Parks Add to 2015 CAP work plan 6 Benefit costs Work session will be scheduled in 2015 17 Levy certification Phase 2 -4 funding Add to 2015 Utilities work plan 20 Discussion on TBD .02% sales tax Add revenue options to 2015 F &S work plan 24 Professional services Additional detail will be provided to Council 60 Debt service policy Financial advisor will present to Council in 2015 Councilmembers next discussed several policy subjects that had previously been identified by staff as having potential for further action. Healthcare — plan structure and funding. Councilmembers unanimously requested additional information. A work session will be scheduled in the first quarter of 2015 to include information on the Cadillac tax and actuarial report. Capital Projects — timing and funding Councilmembers had no comments at this time. Financial Goals — structural balance and reserves Referred to Finance and Safety Committee. Utility Tax — reauthorization Referred to Finance and Safety Committee. Budget Workshop October 30, 2014 - Page 2 Revenues — additional or increases Referred to Finance and Safety Committee. Council President Quinn suggested that discussion on this topic include information about revenues no longer accessible to cities. Debt — appropriate levels Councilmembers were in favor of a presentation by the City's financial advisors in 2015. Utility improvements — financing options, who pays Referred to Utilities Committee. Next Steps: The draft budget adoption ordinance will be before the Finance and Safety Committee on November 4, 2014. Material distributed prior to meeting: • Budget review notebook • 2015 Budget Review Council Comments /Questions Spreadsheet Material distributed at meeting: • Attachments A & B, budgeted in addition to actuals for 2012 and 2013. • Human Services budget proposal detail • List of expenditures in Council travel budget • Debt service balances Summary by LH