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HomeMy WebLinkAboutReg 2023-11-20 Item 6B - Ordinance - 2023-2024 Biennial Budget AmendmentCOUNCIL AGENDA SYNOPSIS Initials Meeting Date Prepared by Mayor's review Council review 11/13/23 Vicky 11/20/23 Vicky ITEM INFORMATION ITEM NO. 6.B. STAFF SPONSOR: VICKY CARLSEN ORIGINAL AGENDA DATE: 11/13/23 AGENDA ITEM TITLE Ordinance amending the 2023-2024 biennial budget CATEGORY ❑ Discussion Mtg Date 11/13/23 ❑ Motion Mfg Date ❑ Resolution Mfg Date ® Ordinance Alt Date 11/20/23 ❑ Bid Award Alltg Date ® Public Hearing Mtg Date 11/13/23 ❑ Other bltg Date SPONSOR ❑ Council ❑ Mayor ❑ Admin Svcs ❑ DCD ® Finance ❑ Fire ❑ P&R ❑ Police ❑ PW SPONSOR'S SUMMARY City Council is being asked to approve an ordinance amending the 2023-2024 biennial budget. This is the mid -biennium amending both 2023 and 2024 REVIEWED BY ❑ Trans&Infrastructure Svcs ❑ Community Svcs/Safety ® Finance & Governance ❑ Planning & Community Dev. ❑ LTAC ❑ Arts Comm. ❑ Parks Comm. DATE: 10/23/23 ❑ Planning Comm. COMMITTEE CHAIR: KRULLER RECOMMENDATIONS: SPONsoR/ADMIN. Finance COMMITTEE Unanimous approval; Forward to November 13, 2023 C.O.W. COST IMPACT / FUND SOURCE EXPENDITURE REQUIRED AMOUNT BUDGETED APPROPRIATION REQUIRED Fund Source: Comments: MTG. DATE RECORD OF COUNCIL ACTION 11/13/23 Forward to next Regular Meeting 11/20/23 MTG. DATE ATTACHMENTS 11/13/23 Informational Memorandum dated 10/17/23 (revised after Committee) Draft Ordinance Proposed Budget Changes - Summary by Fund Reconciliation of the 2023-2024 Budget Summary to Ordinance Minutes from the Finance & Governance Committee meeting of 10/23/23 11/20/23 Final Ordinance 119 120 Ct,r of T Washington Ordinance No, AN ORDINANCE OF THE CITYCOUNCIL OF THE CITYOF TUKWILA, WASHINGTON, AMENDING ORDINANCE NO. 2688, WHICH ADOPTED THE CITY OF TUKWILA'S BIENNIAL BUDGET FOR THE 2023-2024 BIENNIUM, TO ADOPT AN AMENDED MID -BIENNIUM BUDGET; PROVIDING FOR SEVERABILITY; AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS, on November 28, 2022, the City Council of the City of Tukwila adopted Ordinance No. 2688, wh ich adopted the 2023 - 2024 bien n ial budgetof the City of Tu kwila; and WHEREAS, a mid -biennium budget amendment was presented to the City Council in a timely manner for their review, in accordance with RCW 35A.34.130; and WHEREAS, on November 13, 2023, following required public notification, the City Council conducted a public hearing on the proposed mid -biennium budget amendment; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, HEREBY ORDAINS AS FOLLOWS: Section 1. Ordinance Amended. Tu kwila Ordinance No. 2688 is hereby amended with the City Council's adoption of the document entitled "City of Tukwila 2023-2024 Mid - Biennium Budget Amendment," attached hereto and incorporated by this reference as if fully set forth herein, in accordance with RCW 35A.34.200. Section 2. Cost of living adjustments (COLAs)for non -represented employees shall be implemented per the City Council's Compensation Policy. Section 3. Estimated Revenues and Appropriations. The totals of the estimated revenues and appropriations for each separate fund and the aggregate totals are as follows: CC:Legislative Develop ment\Budget Amendment 2023-2024 Mid -Biennium 11-13-23 VC:AY Review and analysis by Andy Youn Page 1 of 3 121 FUND EXPENDITURES REVENUES 000 General $171,020,334 $171,020,334 105 Contingency $7,156,945 $7,156,945 101 Lodging Tax $3,824,319 $3,824,319 103 Residential Streets $9,213,007 $9,213,007 104 Bridges and Arterial Streets $29,913,093 $29,913,093 109 Drug Seizure $586,220 $586,220 2XX LTGO Debt Service $11,815,404 $11,815,404 213 UTGO Bonds $9,702,980 $9,702,980 206 LID Guaranty $756,347 $756,347 233 2013 LID $1,611,452 $1,611,452 301 Land Acquisition, Recreation & Park Dev. $4,204,734 $4,204,734 302 Urban Renewal $2,754,242 $2,754,242 303 General Government Improvements $2,454,386 $2,454,386 304 Fire Impact Fees $1,050,000 $1,050,000 305 Public Safety Plan $3,641,865 $3,641,865 306 City Facilities $6,941,366 $6,941,366 401 Water $22,635,176 $22,635,176 402 Sewer $34,570,340 $34,570,340 411 Foster Golf Course $6,490,130 $6,490,130 412 Surface Water $29,589,196 $29,589,196 501 Equipment Rental and Replacment $7,845,136 $7,845,136 502 Employee Healthcare Plan $14,780,381 $14,780,381 503 LEOFF 1 Retiree Healthcare Plan $975,554 $975,554 611 Firemen's Pension $1,717,108 $1,717,108 Total $385,249,815 $385,249,815 Section 4. Copies on File. A complete copy of the amended budget for 2023-2024, as adopted, together with a copy of this amending ordinance, shall be kept on file electronically by the City Clerk and accessible from the City's website in accordance with Washington State records retention schedule requirements and City policy, and shall be made available to the public upon request. A copy of the amended budget for 2023-2024, as adopted, together with a copy of this amending ordinance, shall be transmitted by the City Clerk to the Division of Municipal Corporations of the Office of the State Auditor and to the Association of Washington Cities. Section 5. Corrections by City Clerk or Code Reviser Authorized. Upon approval of the City Attorney, the City Clerk and the code reviser are authorized to make necessary corrections to this ordinance, including the correction of clerical errors; references to other local, state or federal laws, codes, rules, or regulations; or ordinance numbering and section/subsection numbering. CC:Legislative Development\Budget Amendment 2023-2024 Mid -Biennium 11-13-23 VC:AY Review and analysis by Andy Youn 122 Page 2 of 3 Section 6. Severability. If any section, subsection, paragraph, sentence, clause or phrase of this ordinance or its application to any person or situation should be held to be invalid or unconstitutional for any reason by a court of competent jurisdiction, such invalidity or unconstitutionality shall not affect the validity or constitutionality of the remaining portions of this ordinance or its application to any other person or situation. Section 7. Effective Date. This ordinance or a summary thereof shall be published in the official newspaper of the City and shall take effect and be in full force and effect five days after passage and publication as provided by law. PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a Regular Meeting thereof this day of , 2023. ATTEST/AUTHENTICATED: Christy O'Flaherty, MMC, City Clerk APPROVED AS TO FORM BY: Office of the City Attorney Allan Ekberg, Mayor Filed with the City Clerk: Passed by the City Council: Published: Effective Date: Ordinance Number: Attachment: City of Tukwila 2023-2024 Mid -Biennium Budget Amendment CC:Legislative Development\Budget Amendment 2023-2024 Mid -Biennium 11-13-23 VC:AY Review and analysis by Andy Youn Page 3 of 3 123 124 City of Tukwila Mid -Biennium Budget Amendment Reconciliation of Budget Summary to Ordinance REVENUES 2023 Beginning Fund Balance 2023 Revenues 2024 Revenues Total Revenues Mid -Biennial Amendment Mid -Biennial Amendments Mid -Biennial Amended Revenues Beg. Fund Balance Adj. 2023 2024 000 General $ 19,085,142 $ 71,839,634 $ 75,560,256 $ 166,485,032 $ (2,840,262) $ 4,252,611 $ 3,122,953 $ 4,535,302 $ 171,020,334 105 Contingency 7,042,148 20,000 20,000 7,082,148 (295,673) 270,470 100,000 74,797 7,156,945 101 Lodging Tax 2,048,201 726,000 756,000 3,530,201 294,218 - - 294,218 3,824,419 103 Residential Street 847,903 5,352,800 3,125,800 9,326,503 (113,497) (4,000,000) 4,000,000 (113,497) 9,213,007 104 Arterial Street 6,570,879 4,873,800 19,304,800 30,749,479 (1,036,386) - 200,000 (836,386) 29,913,093 109 Drug Seizure Fund 435,515 115,500 115,500 666,515 (140,295) 60,000 - (80,295) 586,220 2XX LTGO Debt Service 6,179,070 5,636,334 11,815,404 - - 11,815,404 213 UTGO Bonds 314,818 4,487,175 4,813,175 9,615,168 87,811 - - 87,811 9,702,980 206 LID Guaranty 758,958 3,000 3,000 764,958 (8,612) - - (8,612) 756,347 233 2013 LID 586,678 525,000 504,000 1,615,678 (4,225) - - (4,225) 1,611,452 301 Land Acquisition, Rec & Park Dev. 3,751,186 487,250 454,000 4,692,436 (681,383) 51,681 142,000 (487,702) 4,204,734 302 Urban Renewal 1,183,800 1,350,000 - 2,533,800 220,443 - - 220,443 2,754,242 303 General Government Im prvm nts 444,128 1,901,000 - 2,345,128 109,258 (1,900,000) 1,900,000 109,258 2,454,386 304 Fire Impact Fees - 300,000 300,000 600,000 - 450,000 - 450,000 1,050,000 305 Public Safety Plan 538,557 1,100,000 1,100,000 2,738,557 453,309 450,000 - 903,309 3,641,865 306 City Facilities 2,274,324 2,141,000 1,841,000 6,256,324 (314,958) 1,000,000 - 685,042 6,941,366 401 Water 4,690,562 7,728,000 9,737,000 22,155,562 479,614 - - 479,614 22,635,176 402 Sewer 11,742,027 10,882,300 11,409,915 34,034,242 536,097 - - 536,097 34,570,340 411 Foster Golf Course 1,505,043 2,294,500 2,294,500 6,094,043 (36,912) 100,000 333,000 396,088 6,490,130 412 Surface Water 5,944,369 11,367,500 11,081,375 28,393,244 1,195,951 - - 1,195,951 29,589,196 501 Equipment Rental 4,322,760 2,237,991 1,384,788 7,945,539 (100,403) - - (100,403) 7,845,136 502 Insurance Fund 764,171 6,204,342 6,204,342 13,172,855 1,607,526 - - 1,607,526 14,780,381 503 Insurance - LEOFF 1 Fund 258,737 350,500 350,500 959,737 (84,183) 50,000 50,000 15,817 975,554 611 Firemen's Pension 1,543,370 75,500 75,500 1,694,370 22,737 - - 22,737 1,717,108 Total $ 76,653,277 $ 142,541,862 $ 156,071,785 $ 375,266,924 $ (649,824) $ 784,762 $ 9,847,953 $ 9,982,891 $ 385,249,815 EXPENDITURES 2023 Expenditures 2024 Expenditures 2024 Ending Fund Balance Total Expenditures Mid -Biennial Amendment Mid -Biennial Amendments Mid -Biennial Amended Expenditures 2023 2024 Mid -Biennial Net 1 Effect on 2024 Ending Fund Balance 000 General $ 75,756,268 $ 77,992,440 $ 12,736,324 $ 166,485,032 $ 3,287,762 $ 869,948 $ 377,592 $ 4,535,302 $ 171,020,334 105 Contingency - - 7,082,148 7,082,148 - - 74,797 74,797 7,156,945 101 Lodging Tax 938,890 944,668 1,646,643 3,530,201 - - 294,218 294,218 3,824,419 103 Residential Street 5,912,000 3,145,000 269,503 9,326,503 (4,775,000) 4,775,000 (113,497) (113,497) 9,213,007 104 Arterial Street 6,149,662 19,209,451 5,390,366 30,749,479 (2,300,000) 2,550,000 (1,086,386) (836,386) 29,913,093 109 Drug Seizure Fund 266,008 279,297 121,211 666,515 - - (80,295) (80,295) 586,220 2XX LTGO Debt Service 6,179,070 5,636,334 - 11,815,404 - - - - 11,815,404 213 UTGOBonds 4,485,975 4,811,975 317,218 9,615,168 - - 87,811 87,811 9,702,980 206 LID Guaranty - - 764,958 764,958 19,188 - (27,799) (8,612) 756,347 233 2013 LID 525,000 504,000 586,678 1,615,678 - - (4,225) (4,225) 1,611,452 301 Land Acquisition, Rec & Park Dev. 931,250 1,179,000 2,582,186 4,692,436 - 142,000 (629,702) (487,702) 4,204,734 302 Urban Renewal 300,000 200,000 2,033,800 2,533,800 730,000 270,000 (779,557) 220,443 2,754,242 303 General Government Imprvmnts 2,345,128 - - 2,345,128 (2,055,800) 2,165,000 58 109,258 2,454,386 304 Fire Improvements 300,000 300,000 - 600,000 450,000 - - 450,000 1,050,000 305 Public Safety Plan 1,319,019 1,317,849 101,689 2,738,557 - - 903,309 903,309 3,641,865 306 City Facilities 2,700,000 3,000,000 556,324 6,256,324 - 200,000 485,042 685,042 6,941,366 401 Water 9,191,362 9,852,599 3,111,601 22,155,562 - 5,535 474,079 479,614 22,635,176 402 Sewer 12,549,000 13,570,855 7,914,388 34,034,242 - 4,005 532,092 536,097 34,570,340 411 Foster Golf Course 2,312,871 2,441,024 1,340,148 6,094,043 180,000 87,711 128,377 396,088 6,490,130 412 Surface Water 12,409,424 11,792,110 4,191,711 28,393,244 - 4,005 1,191,946 1,195,951 29,589,196 501 Equipment Rental 3,210,844 3,076,219 1,658,476 7,945,539 - - (100,403) (100,403) 7,845,136 502 Insurance Fund 6,060,861 6,506,054 605,940 13,172,855 - - 1,607,526 1,607,526 14,780,381 503 Insurance - LEOFF 1 Fund 444,438 460,558 54,741 959,737 - - 15,817 15,817 975,554 611 Firemen's Pension 62,000 62,000 1,570,370 1,694,370 - - 22,737 22,737 1,717,108 Total $ 154,349,069 $ 166,281,432 $ 54,636,423 $ 375,266,924 $ (4,463,851) $ 11,073,204 $ 3,373,538 $ 9,982,891 $ 385,249,815