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HomeMy WebLinkAbout2009-07-21 Finance and Safety MinutesFINANCE AND SAFETY COMMITTEE Meeting Minutes July 21, 2009, 5:00 p.m.; Conference Room #3 III. MISCELLANEOUS Meeting adjourned at 5:34 p.m. Next meeting: Tuesday, August 4, 2009 5:00 p.m. Conference Room #3 P SZ Committee Chair Approval Minutes by KAM. Reviewed by PM and SH. City of Tukwila Finance and Safety Committee PRESENT Councilmembers: Pam Linder, Chair; Joe Duffle and De'Sean Quinn Staff: Peggy McCarthy, Dennis McOmber, Gail Labanara, Rhonda Berry and Kimberly Matej Guests: Jeremy Eide CALL TO ORDER: Chair Linder called the meeting to order at 5:00 p.m. I. PRESENTATIONS No presentations. II. BUSINESS AGENDA A. Authorization for Transfer of Funds Purchase of Front Loader Staff is seeking full Council authorization to transfer funds from the Water, Sewer and Surface Capital Outlay funds to the Equipment Rental 501 Fund to purchase a front loader. Originally, funding for this item was allocated in the three funds above and the Street fund; however, the monies were removed from the Street fund due to budget reductions. A 2008 front loader, which still meets the City's needs, can be purchased with the designated funds remaining for the purchase in Water, Sewer and Surface Capital Outlay. This is essentially a housekeeping issue transferring monies within funds with no General Fund dollars being utilized to purchase this item. UNANIMOUS APPROVAL. FORWARD TO JULY 27 COW FOR DISCUSSION. B. Authorization to Transfer Funds 3% Budget Adjustments Staff is seeking full Council authorization to transfer funds from various City Department budgets in the amount of $958,158 to Department 20, which is used to provide designated and ending funds balances for unanticipated uses (see 2009 -10 Biennial Budget, page 144). Essentially, this is the formal action which will reflect the remaining amount of the City -wide 3% budget reduction which was effective as of June 1, 2009. Earlier this year, Council approved a transfer from the 2009 Equipment Replacement fund which made a substantial contribution ($464,964) to the 3% adjustment. This amount also includes a 3% budget reduction (in the amount of $8,474) to the Council Budget. To set an example for the City, the Committee is in favor of the Council contributing to this reduction, and recommends the Travel and Miscellaneous line items be reduced /adjusted accordingly. Committee Chair Linder will make this recommendation at the July 27 COW and request further discussion. Committee Chair Linder asked that staff be prepared at the July 27 COW to provide comprehensive, detailed information on this 3% reduction as well as effects of any additional reductions on the City. UNANIMOUS APPROVAL. FORWARD TO JULY 27 COW FOR DISCUSSION.