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HomeMy WebLinkAboutSpecial 2011-11-21 Item 3 - 2011-2012 Budget AmendmentsAgenda Item III 2011 -12 Budget Amendments Memo from Peggy McCarthy: Mid Biennial Review and Modification of 2011 -12 Budget Budget Adjustment Page 37 of 49 Page 38 of 49 City of Tukwila Jim Haggerton, Mayor INFORMATIONAL MEMORANDUM TO: Mayor Haggerton Finance and Safety Committee FROM: Peggy McCarthy, Interim Finance Director DATE: November 18, 2011 SUBJECT: Mid Biennial Review and Modification of the 2011 -2012 Budget ISSUE Adjust the biennial budget to reflect new policies and circumstances, to add appropriations to funds at risk of exceeding budget in order to remain in compliance with state law, and to reallocate budget authority among General Fund departments to prevent over budget situations, consistent with past City practice. BACKGROUND The mid biennial budget adjustments are a refinement of the budget and are undertaken pursuant to TMC 3.30.020 and RCW 35A.34.130. The ordinance amending the budget, if necessary, must be passed before the end of the calendar year. The purpose and type of adjustments proposed for the 2011 -2012 budget modification are as follows: Revenue Backed Expenditures These expenditures have offsetting revenue sources such as grant revenue. Reallocation of Budget Among Departments These adjustments reallocate expenditure budget from departments expected to be under budget to departments at risk of going over budget. Council Decisions Budget Additions These adjustments add budget in support of Council decisions and as a result of circumstances necessitating additional budget. Carryover of Unused Budget Unused budget is moved from 2011 to 2012. Accounting Modifications These adjustments move budget from funds and accounts no longer used to funds and accounts currently used pursuant to changes in accounting procedures for purposes of streamlining and simplification. New Initiatives The COPS Bicycle Team initiative is proposed for 2012 and beyond. A full description of this initiative will be presented by Police Chief Mike Villa under a separate memorandum. Page 39 of 49 INFORMATIONAL MEMO Page 2 DISCUSSION General Fund 000 The revenue backed expenditure adjustments comprise the JAG Recovery Act grant which funded a portion of the Police mobile command unit; the Emergency Management Program Grant which will fund various emergency management costs in 2012, anticipated WCIA insurance proceeds funding repair costs for a damaged signal pole and a JAG grant obtained in partnership with the Tukwila School District to promote safety at Showalter Middle School. The reallocation of budget among departments transfers budget from departments expected to be under budget for the year Public Works, Mayor's and Parks Recreation to departments at risk of going over budget City Attorney, Parks Maintenance and Department 20. City Attorney special matters account has a $100K budget but actual costs to date of $306K comprised of $94K for criminal prosecution, $69K for Desc vs. Tukwila DCD, $70K for the Wells Inverse condemnation, $19K for Reed Trucking and $19K for the Whitcutt arbitration. Additional budget is proposed to cover a portion of this overage, such that the department will remain within budget. The Parks Maintenance salary budget excluded two staff members who were laid off at the end of 2010 but those jobs were reinstated in 2011, thus creating the over budget situation. The Department 20 claims and judgment account has a budget of $270K and to date expenditures of $405K comprised of the City's deductible portion of claims of $250K, the Fort Dent/Wells claim of $67K, and claims attributable to personnel issues of $87K. Additional budget is proposed to cover a portion of this overage, such that the department will remain within budget. The carryover of unused budget moves budget authority from 2011 to 2012 for projects and initiatives delayed or postponed until 2012. This includes the agenda manager technology system for the Clerk's office, crime analytical software for the Police Department and Department 20 transfers to General Government Fund 303 for removal of the flood mitigation devices and associated trail restoration. Council decisions or proposals before the Council resulting in added budget or creating new budget line items include reduction of the indirect cost allocation charged to the Golf Course Fund, the operating loan advanced to the Metropolitan Park District for $375K in 2011 and not to exceed $725K in 2012 (this loan will be paid back beginning in 2013); $166K additional funding of the Reserve Fund 105 in 2011 and $1.2M in 2012, and a proposed $175K funding of a new permit system for the Community Development department. The latter initiative will be funded through assessment of a permit technology fee after implementation of the system. An additional $550K transfer -out to the Golf Course Fund is also proposed (see Golf Course Fund 411 below for further explanation). This 2011 transfer can be funded by a $250K budget savings within the transfers -out account (debt service was budgeted for the SCORE bonds but was paid for through SCORE start -up funds and not charged to the City) and by a $300K use of ending fund balance. The additional $350K transfer -out to the Golf Course proposed for 2012 is a budget place holder to ensure sufficient budget exists for discretionary transfers. The new initiative would create a bicycle patrol team for the Tukwila International Boulevard neighborhood to increase police presence in the area. Police Chief Mike Villa will provide full details of the initiative under a separate memorandum. Page 40 of 49 VV TIN Projects\Council Agenda Items \Workshop 11- 21- 11\InfoMemo_2011 -2012 Mid Biennium Budget Amendment REVISED doc INFORMATIONAL MEMO Page 3 Hotel /Motel Tax Fund 101 The revenue backed Rock N Roll marathon expenditure for professional services is offset by revenue received from the marathon sponsors, the Competitor Group. Street Fund 103 Council decisions or proposals before the Council resulting in added budget or creating new budget line items include additional funding for the 42n Avenue residential street project. The expenditure budget carryover of $103K to 2012 is for the design work on 42n Ave S from Southcenter Blvd to S 160 These costs will be funded through ending fund balance. Arterial Street Fund 104 The revenue backed expenditure adjustment is for an anticipated grant that will be used to purchase land right of way for redesign of Andover Park West in connection with the Tukwila Transit Center project. If the grant is obtained and the right of way purchased, an additional $78K would be needed from the ending fund balance to fund the transaction. The adjustment also includes $6.6M of grant revenue expected to be received in 2012 for the Southcenter Parkway project. The expenditure budget carryover to 2012 of $9.2 million is primarily for the Southcenter Parkway extension project. The revenue budget carryover represents proceeds from the LID bonds that will be issued in 2012 to reimburse the City for the Southcenter Access Project costs. Contingency (Reserve) Fund 105 Council decisions or proposals before the Council resulting in added budget or creating new budget line items include additional funding of the Reserve fund to comply with funding requirements of the Reserve policy, adopted by Council in 2009. Debt Service Funds 2 Fund 207 serviced the debt on the 1999 General Obligation bond. This bond was refunded in 2008. The budget adjustment transfers the remaining fund balance of $13,300 to Fund 211, the fund servicing the refunded debt. The debt service budget for Fund 215 requires an additional $6K to fully service the 2011 debt. Therefore, additional budget is added. Council decisions or proposals before the Council resulting in added budget or creating new budget line items include transferring the 2003 outstanding bond balance from the Golf Course Fund 411 to a governmental debt service fund and transferring cash and investments from the Land Park Acquisition Fund 301 to the same governmental debt service fund. Land Acquisition Fund 301 Council decisions or proposals before the Council resulting in added budget or creating new budget line items include transferring cash and investments from the Land Park Acquisition Fund 301 to a governmental debt service fund for payment of debt service on the golf course portion of the 2003 outstanding bond issue. Page 41 of 49 VV TIN Projects\Council Agenda Items \Workshop 11- 21- 11\InfoMemo_2011 -2012 Mid Biennium Budget Amendment REVISED doc INFORMATIONAL MEMO Page 4 The expenditure budget adjustment represents planned land acquisition in 2012 and is consistent with the CIP proposal. This purchase will be funded through ending fund balance. Facility Replacement Fund 302 Unused expenditure budget is carried over to 2012; funding will be accomplished through ending fund balance. General Government Fund 303 The expenditure budget carryover adjustment moves budget to 2012 for the removal of the flood mitigation devices the Hesco barriers and Super Sacks and the associated trail restoration. Council decisions or proposals before the Council resulting in added budget or creating new budget line items include expenditure budget added for the bond funded emergency management measures undertaken in 2011 that were not budgeted including $199K for the 6300 building generator, $104K for the Police incident command vehicle and $273K for the new phone system. Water Fund 401 Council decisions or proposals before the Council resulting in added budget or creating new budget line items include expenditure budget added to the 1995 revenue bond principal payment account as a result of Council approval of the early redemption of the 1995 revenue bond. The accounting modification change moves debt service accounting to the appropriate utility funds (Funds 401, 402 and 412) from the Water Sewer Revenue Bond Fund 404 to simplify and streamline the accounting process. Sewer Fund 402 Budget Carryover Unused expenditure budget for the Interurban Avenue gravity sewer project and other projects is moved to 2012. Council decisions or proposals before the Council resulting in added budget or creating new budget line items include budget added to the Fund to cover the cost of the Andover Park West emergency sewer repair project. The accounting modification change moves debt service accounting to the appropriate utility funds (Funds 401, 402 and 412) from the Water Sewer Revenue Bond Fund 404 to simplify and streamline the accounting process. Water/ Sewer Revenue Bonds Fund 404 The accounting modification change moves debt service accounting to the appropriate utility funds (Funds 401, 402 and 412) from the Water Sewer Revenue Bond Fund 404 to simplify and streamline the accounting process. Page 42 of 49 VV TIN Projects\Council Agenda Items \Workshop 11- 21- 11\InfoMemo_2011 -2012 Mid Biennium Budget Amendment REVISED doc INFORMATIONAL MEMO Page 5 Golf Fund 411 Council decisions or proposals before the Council resulting in added budget or creating new budget line items include expenditure budget added in 2011 to support the $114K golf cart purchase. Revenue budget is added for 2011 through a transfer in from the General Fund to alleviate the current cash deficit of $279K and cover the December debt service payment of $262K. The existing budgeted transfer in from the General Fund of $225K is not sufficient to cover the General Fund indirect cost allocation charge of $221K and the annual debt service costs of $333K. The cash deficit is a result of underfunding in 2010 as well as 2011. The additional transfer -in proposed for 2012 is $350K and is a place holder for discretionary transfers in case of funding need. The 2012 expenditure budget reduction reduces the indirect cost allocation charge to the Golf Course Fund by the General Fund. Surface Water Fund 412 Budget Carryover Unused expenditure budget is moved to 2012; funding will be accomplished through ending fund balance. RECOMMENDATION The Council is being asked to consider the 2011 -2012 Mid Biennium Budget Amendments at the November 28 Committee of the Whole meeting and to move the item forward to the December 5 th Regular meeting for approval. ATTACHMENTS 2011 -2012 Mid Biennium Budget Amendment Page 43 of 49 VV TIN Projects\Council Agenda Items \Workshop 11- 21- 11\InfoMemo_2011 -2012 Mid Biennium Budget Amendment REVISED doc Page 44 of 49 CITY OF TUKWILA 2011 -2012 MID BIENNIUM BUDGET AMENDMENT DETAIL Biennial Budget Increase (Decrease) 2011 2012 Revenues Expenditures 104,417 82,210 50,000 76,437 (a) 230,854 82,210 313,064 104,417 76,437 (a) 82,210 50,000 230,854 82,210 160,000 60,000 100,000 (120,000) (90,000) (110,000) (21,000) 21,000 Revenue Backed Expenditures 15,000 Revenue: 2,000,000 JAG Recovery Act Mobile Command Unit 000.339.216.80.40 EMPG grant 000.333.970.42.00 Signal pole damage to be reimbursed by insurance (213,000) (WC IA) 000.344.100.00.00 JAG grant with Tukwila School distrist Total Revenue Expenditures JAG Recovery Act Mobile Command Unit 000.10.594.216.64.00 previously not budgeted JAG grant with Tukwila School distrist 000.10.xxx.xxx.xx Emergency Management CERT Trainer other 000.11.525.600.xx.xx Repair costs Signal pole 000.16.594.440.64.00 Total Expenditures Reallocation of Budget Among Departments Expenditures: City Attorney Special Matters 000.06.515.200.41.03 Parks Maintenance: Salaries 000.15.576.800.11.00 Dept20 Claims and judgements 000.20.514.230.49.03 Public Works Unallocated budget reduction (dept underbudget) 000.13.532.100.00.05 Mayors Unallocated budget reduction (dept underbudget) 000.03.513.100.00.05 Parks Recreation Unallocated budget reduction (dept underbudget) 000.07.574.200.00.05 Total Expenditures Carryover of Unused Budget Expenditures: City Clerk Agenda Manager technology system 000.03.514.300.64.00 Police Crime Analytical Software 000.10.594.100.64.00 Dept 20 Transfers -out (Fund 303, Gen Govt) 000.20.597.000.00.00 Est Ending Unreserved Fund Balance 000.20.291.840.00.00 Total Expenditures Council Decisions Budget Additions Revenue Indirect cost allocation transfer -in 000.397.000.00.00 Total Revenue Expenditures: Dept 20 Transfers -out (Fund 105, Reserve) 000.20.597.000.00.00 Dept 20 Transfers -oUt (Fund 103, Residential Street) 000.20.597.000.00.00 Dept 20 Transfers -oUt (Fund 411, Golf Course Fund) 000.20.597.000.00.00 Dept 20 TransferS -oUt (Fund 212 and 213 SCORE debt service, not chgd by SCORE) 000.20.597.000.00.00 Dept 20 Transfers -oUt (Fund 215, debt service) 000.20.597.000.00.00 Dept 20 Loan to Park District 000.20.599.000.xx.xx DCD Proposed Permit System 000.08.xxx.xxx.xx.xx Est Ending Unreserved Fund Balance 000.20.291.840.00.00 Total Expenditures Biennial Budget Increase (Decrease) 2011 2012 Revenues Expenditures 104,417 82,210 50,000 76,437 (a) 230,854 82,210 313,064 104,417 76,437 (a) 82,210 50,000 230,854 82,210 160,000 60,000 100,000 (120,000) (90,000) (110,000) (21,000) 21,000 (15,000) 15,000 (2,000,000) 2,000,000 2,036,000 (2,036,000) (213,000) (a) (213,000) (213,000) 166,260 1,200,000 (a) 220,000 (a) 550,000 350,000 313,064 (250,000) 6,000 375,000 725,000 175,000 (847,260) (2,883,000) (213,000) Page 45 of 49 (213,000) CITY OF TUKWILA 2011 -2012 MID BIENNIUM BUDGET AMENDMENT DETAIL Biennial Budget Increase (Decrease) 2011 2012 Revenues Expenditures New initiatives COP Bicycle Team Expenditures Police Department. Unallocated budget reduction (dept underbudget) 000.10.xxx.xxx.xx.xx (220,000) Salaries and benefits for 3 officers 000.10.xxx.xxx.xx.xx 345,000 Care and custody of prisoners (SCORE savings) 000.10.523.600.51.00 (125,000) Est Ending Unreserved Fund Balance (2011 carry over from Police dept) 000.20.291.840.00.00 220,000 (220,000) Fund Total Revenue Backed Expenditures Revenue Other Revenue Competitor Group 101.369.900.00.00 38,600 Total Revenue 38,600 38,600 Expenditures Professional services Rock N Roll Marathon 101.00.557.302.41.00 38,600 Total Expenditures 38,600 38,600 FUND TOTAL uw»« Council Decisions Budget Additions Revenue Transfer in 103.397.000.00.00 220,000 (a) Total Revenue 220,000 220,000 Expenditures: Professional Services /construction 103.98.595.xx.xx.xx 220,000 (a) Total Expenditures 220,000 220,000 FUND TOTAL Carryover of Unused Budget Expenditures Professional Services 103.98.595.800.41.00 (130,000) 130,000 Est Ending Unreserved Fund Balance 103.01.291.840.00.00 130,000 (130,000) Total Expenditures FUND TOTAL C. 7. i emu.... Revenue Backed Expenditures Revenue Grant Revenue various 104.33x.xxx.xx.xx 6,600,000 (a) Grant Revenue Tukwila Urban Center 104.333.203.XX.XX 416,000 Total Revenue 7,016,000 7,016,000 Expenditures Land Right of way Transit Center 104.98.595.800.61.00 494,000 Est Ending Unreserved Fund Balance 104.01.291.840.00.00 6,522,000 (a) Total Expenditures 7,016,000 7,016,000 FUND TOTAL Carryover of Unused Budget Revenue: Debt proceeds 104.391.100.00.00 (9,230,000) 9,230,000 Total Revenue (9,230,000) 9,230,000 Expenditures Professional Services Construction Southcenter Parkway 104.98.595.800.xx.xx (9,230,000) 9,230,000 Total Expenditures (9,230,000) 9,230,000 Ending fund balance Fund total Page 46 of 49 CITY OF TUKWILA 2011 -2012 MID BIENNIUM BUDGET AMENDMENT DETAIL Biennial Budget Increase (Decrease) _"w 2011 20 12 Revenues Expenditures a Council Decisions Budget Additions Revenue: Transfer in General Fund 105.397.000.00.00 166,260 1,200,000 (a) Total Revenue 166,260 1,200,000 1,366,260 Expenditure Est Ending Unreserved Fund Balance 105.00.291.840.00.00 166,260 1,200,000 Total Expenditures 166,260 1,200,000 1,366,260 Fund total Accounting Modifications: Expenditure: Transfer out 207.00.597.000.00.00 13,300 Est Ending Unreserved Fund Balance 207.00.291.840.00.00 (13,300) Total Expenditures Fund 207 total Revenue: Transfer in Fund 207 211.397.000.00.00 13,300 Total Revenue 13,300 13,300 Expenditure: Est Ending Unreserved Fund Balance 211.00.291.840.00.00 13,300 Total Expenditures 13,300 13,300 Fund 211 total Council Decisions Budget Additions Revenue: Transfer in General Fund 215.397.000.00.00 6,000 Total Revenue 6,000 6,000 Expenditure: Principal payment 215.00.592.950.83.00 6,000 Total Expenditures 6,000 6,000 Fund total Revenue: Transfer in Land Park Acquisitions 209.397.301.00.00 3,302,960 (a) Total Revenue 3,302,960 3,302,960 Expenditure: Debt service payment 209.00.xxx.xxx.xx.xx 333,751 (a) Est Ending Unreserved Fund Balance 3,302,960 (333,751) (a) Total Expenditures 3,302,960 3,302,960 Fund total Council Decisions Budget Additions Expenditure: Transfer out to debt service fund 301.00.597.209.00.00 3,302,960 (a) Land 301.98.594.760.61.00 1,000,000 Est Ending Unreserved Fund Balance 301.00.291.840.00.00 (3,302,960) (1,000,000) (a) Total Expenditures Fund total Carryover of Unused Budget Expenditure: Construction project 302.98.594.190.xx.xx (87,000) 87,000 Est Ending Unreserved Fund Balance 302.00.291.840.00.00 87,000 (87,000) Total Expenditures Fund total Page 47 of 49 CITY OF TUKWILA 2011 -2012 MID BIENNIUM BUDGET AMENDMENT DETAIL Council Decisions Budget Additions Construction Projects 303.98.594.190.65.00 600,000 Est Ending Unreserved Fund Balance 303.00.291.840.00.00 (600,000) Total Expenditures (2,000,000) 2,000,000 Fund total Biennial Budget Increase (Decrease) Council Decisions Budget Additions Expenditure: Investment interest 404.361.110.00.00 1995 Revenue bond principal ($1,370,000 payoff (60) 1995 Revenue bond principal Water /Sewer less December payment) 401.01.597.720.00.00 1,080,000 (291,748) 1995 Revenue bond principal 401.01.597.720.00.00 (310,000) 1995 Revenue bond interest 401.01.597.820.00.00 (80,494) Est Ending Working Capital 401.02.293.800.00.00 (1,080,000) 390,494 Accounting Modification Council Decisions Budget Additions (131,287) 2006 Revenue bond principal 401.01.597.720.01.00 (33,800) 2006 Revenue bond interest 401.01.597.820.01.00 (29,627) 2006 Revenue bond principal 401.02.582.347.72.00 33,800 2006 Revenue bond interest 401.02.592.347.83.00 29,627 Total Expenditures 404.00.582.380.72.00 Fund total 2006 Revenue bond principal Water /Sewer (80,600) Nul Investment interest 404.361.110.00.00 Carryover of Unused Budget (60) 1995 Revenue bond principal Water /Sewer 404.397.720.00.00 Expenditure: (291,748) 2006 Revenue bond principal Water /Sewer 404.397.720.01.00 Construction Projects 402.98.594.353.65.00 (120,000) 120,000 Est Ending Working Capital 402.02.293.800.00.00 120,000 (120,000) Council Decisions Budget Additions (131,287) Total Revenue Professional Services 402.98.594.353.xx.xx 416,000 Est Ending Working Capital 402.02.293.800.00.00 (416,000) 404.00.293.800.00.00 Accounting Modification (77,341) 1995 Revenue bond principal Water /Sewer 404.00.582.380.72.00 2006 Revenue bond principal 402.01.597.720.01.00 2006 Revenue bond principal Water /Sewer (80,600) 2006 Revenue bond interest 402.01.597.820.01.00 1995 Revenue bond interest Water /Sewer (70,649) 2006 Revenue bond principal 402.02.582.357.72.00 2006 Revenue bond interest Water /Sewer 80,600 2006 Revenue bond interest 402.02.592.357.83.00 General Government transfer to General Fund 70,649 Total Expenditures (6,411) Total Expenditures Fund total (671,185) Fund total 4, t "404 11 Accounting Modification Revenue: Investment interest 404.361.110.00.00 (60) (60) 1995 Revenue bond principal Water /Sewer 404.397.720.00.00 (283,250) (291,748) 2006 Revenue bond principal Water /Sewer 404.397.720.01.00 (123,600) (127,308) 1995 Revenue bond interest Water /Sewer 404.397.820.00.00 (117,264) (120,782) 2006 Revenue bond interest Water /Sewer 404.397.820.01.00 (127,463) (131,287) Total Revenue (651,637) (671,185) Expenditure: Est Ending Working Capital 404.00.293.800.00.00 (53,435) (77,341) 1995 Revenue bond principal Water /Sewer 404.00.582.380.72.00 (290,000) (310,000) 2006 Revenue bond principal Water /Sewer 404.00.582.380.72.01 (105,600) (105,600) 1995 Revenue bond interest Water /Sewer 404.00.592.380.83.00 (92,068) (71,937) 2006 Revenue bond interest Water /Sewer 404.00.592.380.83.01 (104,310) (99,896) General Government transfer to General Fund 404.00.597.190.00.00 (6,224) (6,411) Total Expenditures (651,637) (671,185) Fund total (1,322,822) (1,322,822) Page 48 of 49 CITY OF TUKWILA 2011 -2012 MID BIENNIUM BUDGET AMENDMENT DETAIL Biennial Budget Increase (Decrease) 412.98.594.382.41.00 (225,000) 412.98.594.382.61.00 (40,000) 412.98.594.382.65.00 (333,000) 412.02.293.800.00.00 598,000 225,000 40,000 333,000 (598,000) INCREASE IN BIENNIAL BUDGET $11,640,362 11,640,362 (a) Represents an adjustment added since review of the budget amendments by the Finance Safety Committee on November 8th. Page 49 of 49 201 201 Revenues Expenditures Council Decisions Budget Additions Revenue: Transfer in General Fund 411.397.190.00.00 550,000 350,000 Total Revenue 550,000 350,000 900,000 Expenditure: Indirect cost allocation 411.00.597.000.00.00 (213,000) (a) Small Tools Minor Equipment 411.00.576.680.35.00 114,210 Est Ending Working Capital 411.00.293.800.00.00 435,790 563,000 Total Expenditures 550,000 350,000 900,000 Fund total 412.98.594.382.41.00 (225,000) 412.98.594.382.61.00 (40,000) 412.98.594.382.65.00 (333,000) 412.02.293.800.00.00 598,000 225,000 40,000 333,000 (598,000) INCREASE IN BIENNIAL BUDGET $11,640,362 11,640,362 (a) Represents an adjustment added since review of the budget amendments by the Finance Safety Committee on November 8th. Page 49 of 49