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HomeMy WebLinkAbout1979-11-14 Committee of the Whole MinutesTUKWILA CITY COUNCIL COMMITTEE OF THE WHOLE November 14, 1979 Tukwila City Hall 7:00 P.M. Conference Room 3 M I N U T E S CALL TO ORDER Council President Bohrer called the budget review meeting to order. COUNCIL MEMBERS LIONEL C. BOHRER, MABEL J. HARRIS, GEORGE D. HILL, GARY L. PRESENT VAN DUSEN. REVENUES Pages 4 -14 BUDGET REVIEW MEETING ...2 s ys Mr. Bob Richards, Council Intern, said he has done some comparisons with revenue figures and can find nothing that looks trend setting. Councilman Harris noted that Beginning Fund Balance indicates the City is spending more out of Current Expense Fund by $250,000 than the previous year. Mr. Ron Swanson, Finance Director, explained that the two main sources of revenue for the City are Property Taxes and Sales Tax. A third source is the amount of revenue carried forward from the previous year in the Beginning Fund Balance. In Property Taxes the City is locked in to the maximum limit computed by King County based on the assessed value of $454,000,000. The tax base goes up because of new construction. The $1,800,000 Sales Tax was arrived at by increasing the 1979 sales by 4 Southcenter Shopping Center is running about 7% over the 1978 sales. Concern was expressed over the increase in sales tax not keeping up with the 11% inflation. Mr. Swanson explained that if things continue, the City will spend about 95% of the 1979 Revenue. In the past, the expenditures have run about 90 He said he intends to keep a close watch on this figure. Mr. Swanson discussed his investment policy and answered questions. He said that the remaining revenues in Current Fund are the estimates submitted to him by the Department Heads. The total revenue estimated for Current Fund is $3,371,946. Council Page 4 President Bohrer said Council will take a second look at "Beginning Fund Balance." Council went through each of the remaining funds with Mr. Swanson answering questions. Pages 11 12 Water and Sewer Funds were discussed. Most of the revenue is charges for sale of water and sewer services. Mr. Swanson explained that these are self supporting funds and the revenue cannot be used for anything else. Councilman Harris said Council needs to take a good look at these two funds. They would be more even if the water charges were raised and the sewer charges lowered. The individual bills would be the same but the money would go into different funds. The sewer fund has a $476,000 Beginning Fund Balance compared to the $74,890 in the Water Fund. Page 14 Total Estimated Revenue for 1980 is $8,527,537. The following funds were discussed with no changes suggested: Contingency City Hall Limited G.O. Bond -1977 Golf Course Limited G.O. 1978 Golf Course Unlimited G.O. 1978 Water /Sewer Construction Water /Sewer Rev. Bonds, Principal Int. Bond Reserve Water /Sewer Refunding Rev. Bond Fund L. I. Guarantee Unemployment Compensation Page 189 193 195 196 212 213 215 216 218 219 TUKWILA CITY COUNCIL, BUDGET REVIEW MEETING November 14, 1979 Page 2 EXPENDITURES Page 45 -49 Finance ADJOURNMENT Mr. Swanson explained that salaries and wages for non -union personnel in the proposed 1980 Budget includes an 11% increase and the proposed step in the Step Plan. The Clerical and Supervisory wages include their 1980 increases as agreed to in the current contracts. The Police Department also includes the 1980 increase. The contracts with the Firefighters and the Maintenance Shop Teamsters are not settled so the budget shows current salaries. The money for their wage increase is in Non Departmental. Line items in the Finance Department Budget were reviewed and no changes were suggested. 9:30 P.M. There being no further discussion, the budget review meeting adjourned. e7 r.J Council President City Clerk °Z5 9C