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HomeMy WebLinkAbout2019-11-12 Finance MinutesCity Council Finance Committee FINANCE COMMITTEE Meeting Minutes November 12, 2019 - 5:30 p.m. - Hazelnut Conference Room, City Hall Councilmembers: Thomas McLeod, Chair; Verna Seal, De'Sean Quinn Staff: David Cline, Vicky Carlsen, Jay Wittwer, Juan Padilla, Jeff Friend, Rachel Bianchi, Bruce Linton, Tony Cullerton, Erika Eddins, Jack Pace, Laurel Humphrey CALL TO ORDER: Chair McLeod called the meeting to order at 5:30 p.m. I. PRESENTATIONS II. BUSINESSAGENDA A. Resolution: 2020 State Legislative Agenda Staff is seeking Council approval of a resolution that would adopt a legislative agenda for use during the 2019 Washington State Legislative Session. The draft agenda was discussed in the Public Safety Committee, and Councilmember Idan with Councilmember Robertson's agreement requested items addressing racial equity, workforce development, and climate change. Councilmember Quinn suggested language encouraging equity in departments and appreciation of the business license partnership. Councilmember McLeod suggested including technology. Staff will present additions around equity in departmental work programs and privacy considerations. UNANIMOUS APPROVAL. FORWARD TO NOVEMBER 12, 2019 COMMITTEE OF THE WHOLE. B. 2019 3rd Quarter General Fund Report Staff presented an update on the General Fund based on financial data through November 3, 2019 for the reporting period ending September 30, 2019. Total revenue is $46.1 million, or $175.7 thousand over the allocated budget. Unbudgeted or unplanned expenditures include local business code violations, snow events, Andover Park East propane leak, and the East Marginal Way power pole accident. DISCUSSION ONLY. C. Ordinance: 2019-2020 Budget Amendment Staff is seeking Council approval of an ordinance to amend the 2019-2020 Biennial Budget. Staff provided an overview of the changes, categorized as housekeeping amendments, adjustments to the Public Safety Plan, added revenue -backed projects/expenditures, unanticipated events, and truing up the Fire Department to current staffing and service levels. The reserve fund balance policy is met and exceeded in both 2019 and 2020 after all amendments are included. Staff went overthe budget changes bydepartment. Councilmembers asked clarifying questions and discussed the passage of Initiative 976, which may result in the loss of sales tax revenue from Metro bus purchases. UNANIMOUS APPROVAL. FORWARD TO NOVEMBER 12, 2019 COMMITTEE OF THE WHOLE FOR PUBLIC HEARING. Finance Committee Minutes..............................................................................................................................November12, 2019 D. Marijuana Retail Zoning Considerations Committee members discussed considerations regarding expanding marijuana retail zoning, including other cities' experiences with excise tax revenues and crime around retail locations. Tukwila's small residential population is a factor in the calculation of potential tax revenue. Crime and robberies are also of concern as long as marijuana retail remains a cash -based business due to Federal law. Committee members agreed no further work is needed at this time and staff will continue to monitor local, state and federal issues around marijuana. DISCUSSION ONLY. III. MISCELLANEOUS Staff distributed a draft scope of services for the third -party review of the Fire Department that was requested by Council in its budget proviso. The purpose is "to analyze the operational costs, services and practices of the Tukwila Fire Department and provide recommendations on how to improve monitoring and accounting for costs, staffing and service levels." Committee members offered comments and suggestions. Chair McLeod distributed copies of Resolution 1950, which adopted financial policies for the last budget cycle. The Committee agreed that Council will revisit policies in 2020 in preparation for the 2021-2022 budget. Adjourned at 6:48 p.m. (__P Committee Chair Approval Minutes by LH