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Home My WebLink AboutReg 2012-12-03 Item 6B.3 - Resolution - 2013-2018 Financial Planning Model / Capital Improvement Program COUNCIL AGENDA SYNOPSIS ----------------------------------Initials--------------------------------- I2 EM NO. Meetin Date P ared b M or's re 'ezv Council iezv • 11/13/12 PMC 6.B. (2) & • 11/26/12 PMC Oft 12/03/12 PMC 6. B. (3) ITEM INFORMATION STAFF SPONSOR: PEGGY MCCARTHY ORIGINAL AGENDA DATE: 11/13/12 AGENDA ITEM TITLE An Ordinance adopting the 2013-2014 biennial budget, and a resolution adopting the 2013-2018 Capital Improvement Plan. CATEGORY ® Discussion ❑Motion ® Resolution ® Ordinance ❑Bid Award ® Public Hearing ❑ Other Mtg Date 11/13/12 Mtg Date Mtg Date 1213112 Mtg Date 1213112 Mfg Date Mtg Date 11126112 Mtg Date SPONSOR ❑ Council ❑Mayor ❑ HR ❑ DCD ® Finance ❑ Fire ❑ IT ❑P&R ❑Police ®PW SPONSOR'S City Council is being asked to approve an ordinance adopting the 2013-2014 biennial SUMMARY budget, and a resolution adopting the 2013-2018 Capital Improvement Plan. These items are scheduled for Council consideration at the 11/26/12 Committee of the Whole and 12/03/12 Regular Council meeting. REVIEWED BY ❑ COW Mtg. ❑ CA&P Cmte ® F&S Cmte ❑Transportation Cmte ❑ Utilities Cmte ❑Arts Comm. ❑ Parks Comm. ❑ Planning Comm. DATE: 11/06/12 COMMITTEE CHAIR: QUINN RECOMMENDATIONS: SPONSOR/ADMIN. Finance/Public Works COMMITTEE For Information Only; Forward to Committee of the Whole COST IMPACT / FUND SOURCE EXPENDITURE REQUIRED AMOUNT BUDGETED APPROPRIATION REQUIRED $281,857,011 $ $281,857,011 Fund Source: MISCELLANEOUS FINDING SOURCES,SEE DETAIL. Comments: MTG. DATE RECORD OF COUNCIL ACTION 11/13/12 11/26/12 MTG. DATE ATTACHMENTS 11/13/12 Informational Memorandum dated 11/07/12 Draft Ordinance and Draft Resolution Reconciliation of the 2013-2014 Budget Summary to Ordinance <Please bring your copy of the preliminary budget/CIP> 11/26/12 Informational Memorandum dated 11/20/12, with attachments based on 11/13 C.O.W. <P/ease bring your copy of the preliminary budget/CIP> 12/3/12 Ordinance and Resolution in final form 121 122 e• Tukvyvila IT V ulty of Washington Ordinance Noe AN ORDINANCE OF'THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, ADOPTING THE BIENNIAL BUDGET OF THE CITY OF TUKWILA FOR THE 2013- 2014 BIENNIUM; PROVIDING FOR SEVERABILITY; AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS, the preliminary budget of the City of Tukwila for the 2013-2014 biennium was submitted to the City Council in a timely manner for their review; and WHEREAS, a Public Hearing on the proposed budget was advertised and held on November 26, 2012; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, HEREBY ORDAINS AS FOLLOWS: Section 1. The City Council hereby adopts the document entitled "City of Tukwila 2013-2014 Budget," incorporated by this reference as if fully set forth herein, in accordance with RCW 35A.34.120. Section 2. The totals of the estimated revenues and appropriations for each separate fund and the aggregate totals areas follows: Total Total Fund Expenditures Revenues 000 General $119,730,819 $119,730,819 101 Hotel/Motel 3,712,082 3,712,082 103 City Street 2,300,000 2,300,000 104 Arterial Street 48,887,820 48,887,820 105 Contingency 5,203,632 5,203,632 107 Fire Equipment Cumulative Reserve 1,030,000 1,030,000 109 Drug Seizure Fund 472,000 472,000 209 Limited Tax G.O. Bonds 2003 3,379,788 3,379,788 210 Limited Tax G.O. Refunding Bonds,2003 979,750 979,750 211 Limited Tax G.O. Refunding Bonds, 2008 1,550,000 1,550,000 212 Limited Tax G.O_ Bonds, 2009A 865,000 865,000 W:Word Processing\Ordinances\Adopt 2013-2014 Biennial Budget for COW 11-26-12. vC:bis Page 1 of 3 123 Total Total Fund Expenditures Revenues 214 Limited Tax G.O. Bonds, 2010A 1,172,114 1,172,114 216 Limited Tax G.O. Refunding Bonds, ValleyComm 472,000 472,000 217 2011 Refunding Bonds 717,000 717,000 233 2013 LID 1,707,400 1,707,400 301 Land Acquisition, Recreation& Park Devl. 4,577,000 4,577,000 302 Facility Replacement 6,366,204 6,366,204 303 General Government Improvements 2,173,684 2,173,684 304 Fire Improvements 400,200 400,200 401 Water 16,814,000 16,814,000 402 Sewer 14,401,000 14,401,000 411 Foster Golf Course 4,033,594 . 4,033,594 412 Surface Water 13,288,800 13,288,800 501 Equipment Rental 10,660,360 10,660,360 502 Insurance Fund 13,818,784 13,818,784 503 Insurance—LEOFF 1 Fund 1,606,680 1,606,680 611 Firemen's Pension 1,537,300 1,537,300 Total All Funds Combined $281,857,011 $281,857,011 Section 3. A complete copy of the final budget for 2013-2014, as adopted, together with a copy of this adopting ordinance, shall be kept on file in the City Clerk's Office, and a copy 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 4. Corrections by City Clerk or Code Reviser. 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. Section 5. 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 6. 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 five days after passage and publication as provided by law. W:Word Processing\Ordinances\Adopt 2013-2014 Biennial Budget for COW 11-26-12 124 VC:bjs Page 2 of 3 PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a Regular Meeting thereof this day of , 2012. ATTEST/AUTH E NTI CATE D: Christy O'Flaherty, MMC, City Clerk Jim Haggerton, Mayor APPROVED AS TO FORM BY: Filed with the City Clerk: Passed by the City Council: Published: Effective Date: Shelley M. Kerslake, City Attorney Ordinance Number: Attachment: City of Tukwila 2013-2014 Budget W:Word Processing\Ordinances\Adopt 2013-2014 Biennial Budget for COW 11-26-12 VC:b)s Page 3 of 3 125 126 �x g t Ulty of Tukwila . Fes, ore Washington Resolution N0. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, ADOPTING THE 2013-2018 FINANCIAL PLANNING MODEL AND THE CAPITAL IMPROVEMENT PROGRAM FOR GENERAL GOVERNMENT AND THE CITY'S ENTERPRISE FUNDS. WHEREAS, when used in conjunction with the biennial City budget, the Capital Improvement Program (CIP) and the Financial Planning Model for the period 2013-2018 are resource documents to help plan directions the City will consider for the future; and WHEREAS, the Financial Planning Model and Capital Improvement Program are not permanent fixed plans, but are guidelines or tools to help reflect future goals and future resources at the time budgets are being planned; and WHEREAS, the commitment of funds and resources can only be made through the budget process; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, HEREBY RESOLVES AS FOLLOWS: Section 1. The City Council hereby adopts the 2013-2018 Financial Planning Model and accompanying Capital Improvement Program, incorporated by this reference as if fully set forth herein. Section 2. A copy of the 2013-2018 Financial Planning Model and accompanying Capital Improvement Program shall be kept on file in the City Clerk's Office. Section 3. The assumptions, revenues and expenditures will be reviewed and updated annually, or as necessary, by the City Council. Section 4. The detail of Capital Improvement Program projects will be reflected in the published Financial Planning Model and Capital Improvement Program 2013-2018. W:1Word Processing-City\Resolutions\Financial Planning Model&CIP 10-m-12 VC-bjs Page 1 of 2 127 PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a Regular Meeting thereof this day of , 2012. ATTEST/AUTHENTICATED: Christy O'Flaherty, MMC, City Clerk Verna Seal, Council President APPROVED AS TO FORM BY: Filed with the City Clerk: Passed by the City Council: Resolution Number: Shelley M. Kerslake, City Attorney Attachment: Financial Planning Model and Capital Improvement Program 2013-2018 W:\Word Processing-City\Resolutions\Financial Planning Model&CIP 10-26-12 128 VC:bjs Page 2 of 2