committee of the whole meeting

AGENDA

Committee of the Whole Meeting

5:30 PM - Monday, October 12, 2015

Council Chambers, 7th Floor, City Hall – 1055 S. Grady Way AGENDA 1. 2015/2016 Mid-biennium Budget Amendment Budget PowerPoint Presentation

REGULAR COUNCIL - 28 Sep 2015

SUBJECT/TITLE: 2015/2016 Mid-biennium Budget Amendment

RECOMMENDED ACTION: Refer to Council Committee of the Whole

DEPARTMENT: Administrative Services Department

STAFF CONTACT: Jamie Thomas, Fiscal Services Director

EXT.: 6929

FISCAL IMPACT: Expenditure Required: $ N/A Transfer Amendment: $ N/A

Amount Budgeted: $ N/A Revenue Generated: $ N/A

Total Project Budget: $ N/A City Share Total Project: $ N/A SUMMARY OF ACTION: In compliance with RCW 35A.34, the proposed 2015/2016 Mid-biennium Amendment will be submitted to the City Council and City Clerk on October 12, 2015. This agenda bill sets the time and place for public hearing on October 26, 2015.

The following Ordinances/Resolutions will be presented as part of the public hearing process:

1. 2016 Property Tax Levy. 2. Mid-biennium budget amendment. 3. Fee schedule (as applicable). EXHIBITS: A. Budget Meeting Calendar STAFF RECOMMENDATION: Set public hearing date of October 26, 2015, to consider the proposed 2016 Property Tax Levy and proposed 2015/2016 Mid-biennium budget amendment, together with any proposed fee adjustments; with the proposed adoption of ordinances/resolutions by November 9, 2015.

AGENDA ITEM # 1.

CITY OF RENTONPRELIMINARY

2015/2016 MID-BIENNIUM BUDGET AMENDMENTCALENDAR

Unless otherwise specified, all meetings will be held at City Hall, 1055 S. Grady Way, Renton, Washington 98057.

October 12, 2015 – Committee of the Whole – 6:00 p.m.Council budget workshop:

Proposed Mid-Biennium Adjustments (ordinance) Proposed Property Tax Levy (ordinance) Proposed Fee adjustments, if applicable (resolution)

October 26, 2015 – Regular Council Meeting – 7:00 p.m. Public hearing:

Proposed 2016 Property Tax Levy Proposed Mid-Biennium Budget Adjustment Proposed Fee Adjustments, if applicable

November 2, 2015 – Committee of the Whole (if needed) – 6:00 p.m.Council budget workshop:

Deliberation Finalize Committee Report

November 2, 2015 – Regular Council Meeting – 7:00 p.m. Committee of the Whole report adoption Ordinances First Reading

November 9, 2015 – Regular Council Meeting – 7:00 p.m. Ordinances Final Reading and Adoption Fee Schedule Resolution Adoption, if applicable

AGENDA ITEM # 1.

10/12/2015

1

MID-BIENNIAL BUDGET ADJUSTMENT OVERVIEW

October 12, 2015

Mid-Biennium Budget Amendment

Update General Fund revenue projections with changed conditions.

Make housekeeping adjustments to incorporate prior Council actions.

Proposed service changes to reflect business activity and Council priorities.

Actions required to reflect the change:

Set property tax levy for 2016.

Adopt budget amendments.

Provide 2‐temporary interfund loans for capital activities.

2

AGENDA ITEM #

10/12/2015

2

Property Tax3

State law allows cities to increase base property tax levy by the lower of inflation (September IPD) or 1%.

Should the IPD falls below 1%, large cities may levy the full 1% if their councils find there is a “substantial need” to do so to preserve city services.

The September IPD published by BEA shows 0.25% year over year increase.

Based on the current and projected funding needs of the City, staff recommends Council to take action to allow the base 2016 property tax increase by 1%.

4%6%

23%

4%3% 3% 3%

‐3%

9%

3%2%

$20.0

$22.0

$24.0

$26.0

$28.0

$30.0

$32.0

$34.0

$36.0

$38.0

$40.0

‐5%

0%

5%

10%

15%

20%

25%

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

% Chg Budget Actual/Projected

Preliminary 2016 Property Tax Levy4

Description Amount2015 Base Levy $35,761,7301% Increase 357,6172016 Base Levy $36,119,347% Change from 2015 Base Levy 1.00%

2016 Base Levy $36,119,347New Construction 397,414*Annexaction 1,3222013 Correction, Final Installment 619,061ReLevy Prior Year Refunds 76,928*2016 Total Levy $37,214,0722015 Actual Levy $36,477,5272016 Total Exclude "*" Items/2015 Actual 0.72%* Per RCW 84.55.120 these items are excluded from the % increase calcuation.

AGENDA ITEM #

10/12/2015

3

Sales Tax5

2015 collection is expected to be 7.5% above 2014 and 4% above budget.

Construction sector grew by 27%, followed by auto sales and service sectors at 10% each. General retail and wholesale combined grew by 6% from last year. These growth are offset by decrease in manufacturing and miscellaneous sales.

2016 projection is revised upward based on the higher 2015 estimates plus an overall 4% growth from 2015 level.

18%

9% 8%

‐13%

‐4%‐1%

4%

10%

3%

8%

4%

$0

$5

$10

$15

$20

$25

$30

‐20%

‐15%

‐10%

‐5%

0%

5%

10%

15%

20%

06 07 08 09 10 11 12 13 14 15 16

% Change YOY Budget Actual/Projected

Composition of Sales Tax6

Construction13%

Manu.7%

Retail/ Wholesale

36%

Auto20%

Misc2%

Services22%

2015 Composition

Construction14%

Manu.4%

Retail/ Wholesale

36%

Auto23%

Misc3%

Services20%

Pre-Recession

AGENDA ITEM #

10/12/2015

4

Utility Taxes7

Utility taxes are expected to underperform original budget by 3% in 2015 and 4% in 2016. Downward adjustments are made $552k in 2015 and 702k in 2016.

Reductions are in electric and natural gas utility taxes by $650k/ year due to much milder winters in recent years, and in cellular utility tax due to the service providers separating data charges from voice which allows them to reduce taxable revenues.

These reductions are partially offset by increases in city operated utilities and franchise garbage utility taxes.

12%

6%

10%

19%

‐2%

8%

2%

‐3%

6%

‐5%

0%

$10

$11

$12

$13

$14

$15

$16

$17

‐10%

‐5%

0%

5%

10%

15%

20%

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

% Change Budget Actual/Projected

Development Fees8

YTD development service fees have exceeded budget projection by 20% and the same period last year by 22%.

We expect development service fees to exceed budget by $825k in 2015 and $480k in 2016.

The increased level of development activities also required staffing adjustment. The department is proposing to add overall 4 FTEs and upgrade / reclass 4 positions.

4%

27%

‐40%

‐21%

8%

18%22%

16% 16%

22%

‐11%

$0.0

$1.0

$2.0

$3.0

$4.0

$5.0

$6.0

$7.0

‐50%

‐40%

‐30%

‐20%

‐10%

0%

10%

20%

30%

40%

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016


AGENDA ITEM #

10/12/2015

5

Real Estate Excise Tax (REET)9

YTD REET collection is approximately the same as last year and 10% above budget.

We anticipate REET collection to end the year $400k above budget in 2015.

REET is restricted for capital purposes and is currently used to fund General Governmental Capital and Debt Service.

38%

2%

‐45%

‐26%

3%

‐24%

43%

13%

81%

‐23%

$1.5

$2.0

$2.5

$3.0

$3.5

$4.0

$4.5

$5.0

$5.5

$6.0

$6.5

‐60%

‐40%

‐20%

0%

20%

40%

60%

80%

100%

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016


State Shared Revenues10

After the state reduced various shared revenue distributions over the past 3 years, the revenue is expected to improve in the second half of 2015.

In the 2015-17 budget, the state restored the 50% liquor excise tax ($220k a year); added a minor distribution in marijuana retail taxes; and a slight increase in fuel tax distribution ($150k in 2016).

The budget adjustment will also true-up miscellaneous public safety rants/distributions.

0%

24%

7% 8% 8%9% 10%

‐8%

5%

‐1%

11%

$0.0

$0.5

$1.0

$1.5

$2.0

$2.5

$3.0

$3.5

$4.0

‐10%

‐5%

0%

5%

10%

15%

20%

25%

30%

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

% Change Budget Actual/Projected

AGENDA ITEM #

10/12/2015

6

Summary of GF Revenue Adjustment11

General Fund Revenue Adjustment 2015 2016

Property Tax ‐$ 260$

Sales Tax 1,140 1,060

Utlity Tax (552) (702)

Gambling Tax 400

REET 400

REET Transfer to CIP (400)

State Shared Revenue 250 620

Misecllaneous Grants 122

Permit fee 825 480

Eliminate Seizure Fund Revenue (and Expenditure) (131) (131)

Interfund Reimbursement for Positions 56

CIP Reimbursement for Positions 251

Total Adjustment ($ in thousands) 2,055$ 1,894$

Summary of GF Expenditure Adjustment12

General Fund Expenditure Adjustment 2015 2016

Summary of Position Adjustments (102)$ 1,478$

Office Equipment for 4 New CED positions ‐ 43

SCORE Contract Adjustment ‐ 203

Valley Comm Contract Adjustment ‐ 74

Eliminate Seizure Fund Expenditure (and Revenue) (131) (131)

RRFA Communication 50 ‐

Grant Funded Expense 97 ‐

Extend Contract Arborist for additional year ‐ 60

Compensation for 2013 LED Project warranty work 25 ‐

Kennydale Traffic Calming 20 ‐

Truck Mounted Arrow Board and Speed Radar 14 20

School Flashing Beacons (2 new schools & Upgrade Existing) 58 40

Electricity savings from LED Street Lights (130) (160)

Healthcare Insurance Premium ‐ (255)

Transfer to CIP‐Property Acquisition 3,400 42

Total Adjustment ($ in thousands) 3,301$ 1,414$

AGENDA ITEM #

10/12/2015

7

Staffing ChangeDept Div FTE Proposed Previous 2016 Funding source status GF Adjustment

ASD Fin Fin Svs Manager (m30) (m26) 16,540$ 16,540$

ASD IT GIS Manager (m30) (m26) 16,540 Internal Service

CED Current Planning 0.50 Senior Planner 68,798 permit fee 68,798

CED Current Planning 0.50 Admin Sec 38,396 permit fee 38,396

CED Current Planning 1.00 CE II (PW Plan Review) 137,727 permit fee 137,727

CED Current Planning 1.00 ES III (Property/Mapping) 125,278 permit fee 125,278

CED Development Svs 1.00 1 LT Building/Combo inspector 123,753 permit fee 123,753

CED Development Svs 1.00 1 Construction Inspector 123,753 fee & interfund charge 123,753

CED Development Svs ‐1.00 eliminate Dev Svs Director (158,155) permit fee (158,155)

CED various 4 Upgrade/Reclass/Promotion 36,459 permit fee 36,459

CA Civil 1.00 Legal Assistant (a7) 104,583 Approved 104,583

CS Facilities Fac Mnt Mgr (m28) Fac Mnt Supv (a21) 9,562 Internal Service Approved

CS Fac & Pks Planning 2.00 1 LT Pk/1 LT Fac CIP Coord 251,166 CIP Reimbuse 251,166

Exec Comm Com Mgr (m26) Com Sp 2 (m21) 12,000 Internal Service Approved

Exec Comm Com Sp 1 (a12) Com Sp 2 (m21) (18,790) Internal Service Approved

Exec Comm 0.13 Office Assistant 1 9,933 Internal Service Approved

Exec Exec 0.50 Secretary 2 50,791 Approved 50,791

Exec Exec Mayor pay adj ($15,828) + payroll taxes 17,828 17,828

HRRM HR HR Manager (m32) (m30) 5,783 5,783

PD Patrol 4.00 Police Officer 527,151 527,151

PD Patrol 4.00 Police Officer, Over‐Hire ‐ salary saving ‐

PW Trans Maint 0.50 CE 2 56,616 Energy Saving Adjusted 56,616

PW Trans Planning 1.00 AS 1 104,533 50% CIP Adjusted 52,267

PW Trans Planning 1.00 CE 3 142,665 50% CIP Adjusted 71,333

PW Maintenance Street Maint. Mgr (m30) (m28) 5,486 5,486

PW Maintenance Wastewater Maint. Mgr (m30) (m28) 5,487 45% Utilities 2,469

Total 18.13 1,813,883$ 1,658,021$

Previously adjusted 2.50 303,814 180,215

This Adjustment 15.63 1,510,069$ 1,477,806$

General Fund Balance14

Genearl Fund Summary 2015 2016 Biennial Total

General Fund Revenue before Adjustment 128,461,095$ 116,924,565$ 245,385,660$

2015‐16 Mid Biennial Budget Adjustment 2,054,586 1,894,162 3,948,748

Adjusted GF Revenue Sources 130,515,681$ 118,818,727$ 249,334,408$

General Fund Expenditure and Uses 130,898,969$ 116,962,010$ 247,860,979$


Adjusted GF Expenditure & Uses 134,200,184$ 118,376,110$ 252,576,294$

Net Budgeted Income(Loss) (3,684,503) 442,617 (3,241,886)

Beginning Fund Balance 17,565,282 13,880,779 17,565,282

Ending Fund Balance 13,880,779 14,323,396 14,323,396

Fund Balance as % of GF Operating Expenses 12.38% 12.29%

AGENDA ITEM #

10/12/2015

1

15

General Fund Financial Summary

2012 2013 2014 2015 2016 2017 2018 2019 2020

Summary ($ in Million) Actual Actual Actual Projected Projected Projected Projected Projected Projected

Beginning Fund Balance 10.8$ 15.6$ 17.5$ 17.6$ 15.1$ 14.3$ 14.3$ 12.6$ 6.8$

Operating Revenue 101.8$ 103.9$ 108.9$ 110.7$ 116.9$ 119.6$ 122.0$ 122.5$ 125.0$

Base Operating Expenditure (99.3) (101.1) (107.6) (112.3) (116.5) (119.6) (123.6) (128.3) (133.2)

Operating Surplus (Deficit) 2.5$ 2.8$ 1.3$ (1.6)$ 0.3$ (0.0)$ (1.7)$ (5.8)$ (8.2)$

1X Sources * 6.7$ 1.6$ 2.8$ 17.7$ 2.0$ 0.3$ 0.3$ 0.3$ 0.3$

1X Uses (4.6) (2.6) (4.1) (18.6) (1.9) (0.3) (0.3) (0.3) (0.3)

Net Resources ‐ Uses 4.5$ 1.9$ 0.1$ (2.4)$ 0.4$ (0.0)$ (1.7)$ (5.8)$ (8.2)$

Ending Fund Balance 15.6$ 17.5$ 17.6$ 15.1$ 14.3$ 14.3$ 12.6$ 6.8$ (1.4)$

$(20.0)

$‐

$20.0

$40.0

$60.0

$80.0

$100.0

$120.0

$140.0

$160.0

2012 2013 2014 2015 2016 2017 2018 2019 2020

Base Operating Expenditure Operating Revenue Ending Fund Balance

Highlight of Non-General Fund Adjustment

Leased Facilities Fund (108): Recognize new tenant improvement/ commission costs and provide $875k interfund loan* to be repaid in 5 years.

Municipal Capital Fund (316): Incorporate proposed property acquisitions previously approved by the city Council (final parcel for Sunset Park/ Sunset Lane) & other property acquisitions totaling $8.95 million funded by (a) surplus of Sunset Court Park; (b) a transfer of 1‐time resources from the General Fund; and (c) a 4‐year/$4 million interfund loan* from utility funds.

Align 2016 transportation projects based on TIP and add the Sunset Lane construction proposed to be financed by a Local Improvement District.

* Requires an Interfund Loan Resolution.

16

AGENDA ITEM #

Iwang

Text Box

10/12/2015

9

Total Adjusted Appropriation17

All Fund Summary 2015 2016 Biennial Total

All Fund Revenue before Adjustment 291,263,391 243,851,952 535,115,343


Adjusted Revenue Sources 301,074,334 257,853,871 558,928,205

All Fund Expenditure and Uses 327,141,179 242,561,320 569,702,499


Adjusted Expenditure & Uses 342,835,655 255,389,797 598,225,452

Net Budgeted Income(Loss) (41,761,321) 2,464,074 (39,297,247)

Beginning Fund Balance 123,798,945 82,037,624 123,798,945

Ending Fund Balance 82,037,624 84,501,698 84,501,698

Mid-Biennium Review Process18

October 12 (Committee of the Whole) Revenue Update and Proposed 2015‐16 Adjustment

October 26 (Regular Council Meeting) Public Hearing:

2016 Revenue and Property Tax Levy

Mid‐biennium Budget Adjustments

November 2 (Committee of the Whole) Council Deliberation

Finalize Committee Report

November 2 (Regular Council Meeting) Committee Report Adoption

Ordinances First Reading

November 9 (Regular Council Meeting) Ordinances / Resolution Final Reading/Adoption

AGENDA ITEM #

1

CITY OF RENTON, WASHINGTON

ORDINANCE NO.

AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, AMENDING THE CITY OF RENTON FISCAL YEARS 2015/2016 BIENNIAL BUDGET AS ADOPTED BY ORDINANCE NO. 5737, AND THEREAFTER AMENDED BY ORDINANCE NOS. 5755 AND 5764, IN THE AMOUNT OF $28,522,952.

WHEREAS, on November 3, 2014, the Council adopted Ordinance No. 5737 approving

the City of Renton’s 2015/2016 Biennial Budget; and

WHEREAS, on April 13, 2015, the Council adopted Ordinance No. 5755 carrying forward

funds appropriated in 2014, but not expended in 2014, due to capital project interruptions and

delays in invoice payments, that needed to be carried forward and appropriated for

expenditure in 2015; and

WHEREAS, on August 10, 2015, the Council adopted Ordinance No. 5764 making minor

corrections and recognizing grants, contributions and associated costs, and new cost items not

included in the budget, which required additional adjustments to the 2015/2016 Biennial

Budget; and

WHEREAS, pursuant to Chapter 35A.34 RCW the Council is required to provide for a mid

biennial review, and any modification thereto shall occur no sooner than eight months after the

start, but no later than the conclusion of the first year of the biennium;

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DOES

ORDAIN AS FOLLOWS:

SECTION I. Ordinance Nos. 5737, 5755 and 5764 establishing the City of Renton’s

2015/2016 Biennial Budget are hereby amended in the total amount of $28,522,952 for an

amended total of $598,225,450 over the biennium.

2015-2016 Mid-Biennial Budget Amendment Ordinance 1

AGENDA ITEM #

ORDINANCE NO. _______

2

SECTION II. Summary budget adjustments by fund for 2015 and 2016 are hereby

attached as Exhibits A and B, respectively. Detailed lists of adjustments are available for public

review in the Office of the City Clerk, Renton City Hall.

SECTION III. This ordinance shall be effective upon its passage, approval, and five (5)

days after publication.

PASSED BY THE CITY COUNCIL this _____ day of ____________________, 2015.

________________________________ Jason A. Seth, City Clerk APPROVED BY THE MAYOR this _____ day of ____________________, 2015. _________________________________ Denis Law, Mayor Approved as to form: ______ Lawrence J. Warren, City Attorney Date of Publication: ______________ ORD:1889:10/5/15:scr


AGENDA ITEM #

ORDINANCE NO. _______

3

Exhibit A: 2015 Mid‐Biennial Budget Adjustment Summary by Fund BEGINNING FUND BALANCE REVENUES EXPENDITURES ENDING FUND BALANCE

Fund

2015 Beg

Fund Bal Changes

2015 Adj

Fund Bal

2015

Budgeted Changes

2015

Adjusted

2015

Budgeted Changes

2015

Adjusted

Ending Fund

Ba lance

Reserved/

Des ignated

Ava i lable

Fund

Balance

000 GENERAL 11,159,313 ‐ 11,159,313 84,865,472 2,711,586 87,577,058 87,025,065 3,314,214 90,339,279 8,397,091 8,397,091

001 COMMUNITY SERVICES 2,467,703 ‐ 2,467,703 12,478,920 (500,000) 11,978,920 12,608,356 ‐ 12,608,356 1,838,267 1,838,267

003 STREETS 2,147,229 ‐ 2,147,229 10,186,242 (157,000) 10,029,242 10,353,242 (13,000) 10,340,242 1,836,229 1,836,229

004 COMMUNITY DEVELOPMENT BLOCK GRANT 74,951 ‐ 74,951 462,908 ‐ 462,908 448,804 ‐ 448,804 89,055 89,055

005 MUSEUM 65,500 ‐ 65,500 227,761 ‐ 227,761 227,761 ‐ 227,761 65,500 65,500

009 FARMERS MARKET 104,950 ‐ 104,950 59,400 ‐ 59,400 59,453 ‐ 59,453 104,897 (104,897) ‐

011 FIRE AND EMERGENCY SVC HEALTH & WELLNESS 74,565 ‐ 74,565 25,000 ‐ 25,000 25,000 ‐ 25,000 74,565 (74,565) ‐

21X GENERAL GOVERNMENT MISC DEBT SVC 1,471,071 ‐ 1,471,071 20,155,392 ‐ 20,155,392 20,151,288 ‐ 20,151,288 1,475,175 ‐ 1,475,175

Total General Governmental Funds 17,565,282 ‐ 17,565,282 128,461,095 2,054,586 130,515,681 130,898,969 3,301,214 134,200,183 13,880,779 (179,462) 13,701,317

102 ARTERIAL STREETS 14,885 ‐ 14,885 640,000 ‐ 640,000 640,000 ‐ 640,000 14,885 14,885

108 LEASED CITY PROPERTIES 121,014 ‐ 121,014 768,957 882,500 1,651,457 663,403 1,097,515 1,760,918 11,553 11,553

110 SPECIAL HOTEL‐MOTEL TAX 219,090 ‐ 219,090 265,000 ‐ 265,000 283,942 ‐ 283,942 200,148 200,148

125 ONE PERCENT FOR ART 101,380 ‐ 101,380 15,000 ‐ 15,000 102,950 ‐ 102,950 13,430 13,430

127 CABLE COMMUNICATIONS DEVELOPMENT 313,090 ‐ 313,090 97,674 ‐ 97,674 117,674 ‐ 117,674 293,090 293,090

135 SPRINGBROOK WETLANDS BANK 330,922 ‐ 330,922 ‐ ‐ ‐ ‐ ‐ ‐ 330,922 330,922

303 COMMUNITY SERVICES IMPACT MITIGATION 1,238,600 ‐ 1,238,600 86,500 ‐ 86,500 ‐ 472,264 472,264 852,836 852,836

304 FIRE IMPACT MITIGATION 926,488 ‐ 926,488 99,000 ‐ 99,000 250,000 ‐ 250,000 775,488 775,488

305 TRANSPORTATION IMPACT MITIGATION 844,648 ‐ 844,648 600,000 ‐ 600,000 1,152,335 ‐ 1,152,335 292,313 292,313

316 MUNICIPAL FACILITIES CIP 4,493,986 ‐ 4,493,986 5,546,015 8,622,264 14,168,279 9,746,585 8,621,904 18,368,489 293,776 293,776

317 CAPITAL IMPROVEMENT 4,059,718 ‐ 4,059,718 18,973,614 (2,342,750) 16,630,864 22,353,726 (3,362,957) 18,990,769 1,699,813 (650,000) 1,049,813

326 HOUSING OPPORTUNITY/ECO DEV REVOLVING 1,086,766 ‐ 1,086,766 ‐ ‐ ‐ 75,000 ‐ 75,000 1,011,766 (1,000,000) 11,766

336 NEW LIBRARY DEVELOPMENT 15,329,760 ‐ 15,329,760 ‐ ‐ ‐ 15,329,760 ‐ 15,329,760 ‐ ‐

402 AIRPORT OPERATIONS & CIP 806,821 ‐ 806,821 16,596,888 ‐ 16,596,888 16,469,927 ‐ 16,469,927 933,782 (172,053) 761,729

403 SOLID WASTE UTILITY 1,545,606 ‐ 1,545,606 16,461,726 ‐ 16,461,726 16,675,139 ‐ 16,675,139 1,332,193 (400,000) 932,193

404 GOLF COURSE SYSTEM & CAPITAL (42,911) ‐ (42,911) 2,655,383 ‐ 2,655,383 2,616,052 ‐ 2,616,052 (3,580) ‐ (3,580)

405 WATER OPERATIONS & CAPITAL 15,872,094 ‐ 15,872,094 16,272,634 ‐ 16,272,634 20,799,381 2,500,000 23,299,381 8,845,347 (3,130,093) 5,715,254

406 WASTEWATER OPERATIONS & CAPITAL 10,905,399 ‐ 10,905,399 28,617,862 ‐ 28,617,862 30,226,798 1,500,000 31,726,798 7,796,463 (1,875,988) 5,920,475

407 SURFACE WATER OPERATIONS & CAPITAL 7,804,221 ‐ 7,804,221 17,244,568 594,343 17,838,911 21,196,980 594,343 21,791,323 3,851,809 (1,084,194) 2,767,615

501 EQUIPMENT RENTAL 5,310,319 ‐ 5,310,319 5,901,271 ‐ 5,901,271 7,436,777 ‐ 7,436,777 3,774,813 3,774,813

502 INSURANCE 12,069,311 ‐ 12,069,311 5,641,647 ‐ 5,641,647 3,594,578 875,000 4,469,578 13,241,380 (13,683,653) (442,273)

503 INFORMATION SERVICES 1,916,048 ‐ 1,916,048 4,677,631 ‐ 4,677,631 5,653,265 ‐ 5,653,265 940,414 940,414

504 FACILITIES 1,154,089 ‐ 1,154,089 4,954,325 ‐ 4,954,325 5,115,716 94,377 5,210,093 898,321 898,321

505 COMMUNICATIONS 383,969 ‐ 383,969 992,431 ‐ 992,431 991,430 815 992,245 384,155 384,155

512 HEALTHCARE INSURANCE 6,675,505 ‐ 6,675,505 12,954,736 ‐ 12,954,736 13,424,573 ‐ 13,424,573 6,205,668 (4,027,372) 2,178,296

522 LEOFF1 RETIREES HEALTHCARE 7,711,863 ‐ 7,711,863 2,271,434 ‐ 2,271,434 1,115,744 ‐ 1,115,744 8,867,553 (223,149) 8,644,404

611 FIREMENS PENSION 5,040,982 ‐ 5,040,982 468,000 ‐ 468,000 210,475 ‐ 210,475 5,298,507 (5,298,507) ‐

Total Other Funds 106,233,663 ‐ 106,233,663 162,802,296 7,756,357 170,558,653 196,242,210 12,393,261 208,635,471 68,156,845 (31,545,009) 36,611,836

TOTAL ALL FUNDS 123,798,945 ‐ 123,798,945 291,263,391 9,810,943 301,074,333 327,141,179 15,694,475 342,835,654 82,037,624 (31,724,471) 50,313,153


AG

END

A ITEM

#

4

Exhibit B: 2016 Mid‐Biennial Budget Adjustment Summary by Fund BEGINNING FUND BALANCE REVENUES EXPENDITURES ENDING FUND BALANCE

Fund

2016 Beg

Fund Bal Changes

2016 Adj.

Fund Bal

2016

Budgeted

Revenue Changes

2016

Adjusted

Revenue

2016

Budgeted

Expendi ture Changes

2016

Adjusted

Expenditure

Ending Fund

Balance

Reserved/

Des ignated

Avai lable

Fund

Balance

000 GENERAL 8,505,869 (108,778) 8,397,091 86,749,334 2,224,996 88,974,330 86,765,519 1,194,979 87,960,498 9,410,923 9,410,923

001 COMMUNITY SERVICES 2,022,533 (184,266) 1,838,267 12,727,828 (248,834) 12,478,994 12,727,828 311,166 13,038,993 1,278,267 1,278,267

003 STREETS 1,581,566 254,663 1,836,229 10,571,584 (82,000) 10,489,584 10,600,405 (92,045) 10,508,360 1,817,453 1,817,453

004 COMMUNITY DEVELOPMENT BLOCK GRANT 24,301 64,754 89,055 307,462 ‐ 307,462 295,986 ‐ 295,986 100,531 100,531

005 MUSEUM 52,979 12,521 65,500 235,281 ‐ 235,281 235,281 ‐ 235,281 65,500 65,500

009 FARMERS MARKET 75,551 29,346 104,897 59,400 ‐ 59,400 63,315 ‐ 63,315 100,982 (100,982) ‐

011 FIRE AND EMERGENCY SVC HEALTH & WELLNESS 55,094 19,471 74,565 25,000 ‐ 25,000 25,000 ‐ 25,000 74,565 (74,565) ‐

21X GENERAL GOVERNMENT MISC DEBT SVC 1,115,674 359,501 1,475,175 6,248,676 ‐ 6,248,676 6,248,676 ‐ 6,248,676 1,475,175 ‐ 1,475,175

Total General Governmental Funds 13,433,567 447,212 13,880,779 116,924,565 1,894,162 118,818,726 116,962,010 1,414,100 118,376,109 14,323,396 (175,547) 14,147,848

102 ARTERIAL STREETS 15,689 (804) 14,885 650,000 ‐ 650,000 650,000 ‐ 650,000 14,885 14,885

108 LEASED CITY PROPERTIES 473,815 (462,262) 11,553 768,957 155,133 924,090 671,979 205,184 877,163 58,479 58,479

110 SPECIAL HOTEL‐MOTEL TAX 155,913 44,235 200,148 265,000 ‐ 265,000 265,000 ‐ 265,000 200,148 200,148

125 ONE PERCENT FOR ART 4,821 8,609 13,430 15,000 ‐ 15,000 ‐ ‐ ‐ 28,430 28,430

127 CABLE COMMUNICATIONS DEVELOPMENT 285,632 7,458 293,090 97,674 ‐ 97,674 97,674 ‐ 97,674 293,090 293,090

135 SPRINGBROOK WETLANDS BANK 669,613 (338,691) 330,922 ‐ ‐ ‐ ‐ ‐ ‐ 330,922 330,922

303 COMMUNITY SERVICES IMPACT MITIGATION 1,197,118 (344,282) 852,836 86,500 ‐ 86,500 ‐ ‐ ‐ 939,336 939,336

304 FIRE IMPACT MITIGATION 695,165 80,323 775,488 99,000 ‐ 99,000 250,000 ‐ 250,000 624,488 624,488

305 TRANSPORTATION IMPACT MITIGATION 769,685 (477,372) 292,313 216,500 216,500 433,000 ‐ ‐ ‐ 725,313 725,313

316 MUNICIPAL FACILITIES CIP 424,689 (130,913) 293,776 5,103,000 1,041,587 6,144,587 5,392,000 1,041,587 6,433,587 4,776 4,776

317 CAPITAL IMPROVEMENT 327,434 1,372,379 1,699,813 6,582,000 9,241,465 15,823,465 6,831,590 10,364,168 17,195,758 327,520 327,520

326 HOUSING OPPORTUNITY/ECO DEV REVOLVING 1,010,599 1,167 1,011,766 ‐ ‐ ‐ ‐ ‐ ‐ 1,011,766 (1,000,000) 11,766

336 NEW LIBRARY DEVELOPMENT 57,000 (57,000) ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐

402 AIRPORT OPERATIONS & CIP 623,969 309,813 933,782 3,473,293 ‐ 3,473,293 3,786,185 (546,000) 3,240,185 1,166,890 (177,896) 988,994

403 SOLID WASTE UTILITY 1,044,342 287,851 1,332,193 16,514,320 ‐ 16,514,320 17,144,532 ‐ 17,144,532 701,980 (400,000) 301,980

404 GOLF COURSE SYSTEM & CAPITAL 151,022 (154,602) (3,580) 2,812,793 ‐ 2,812,793 2,303,479 ‐ 2,303,479 505,735 (306,592) 199,143

405 WATER OPERATIONS & CAPITAL 10,565,303 (1,719,956) 8,845,347 16,308,371 650,992 16,959,363 17,894,664 14,471 17,909,135 7,895,576 (2,866,331) 5,029,245

406 WASTEWATER OPERATIONS & CAPITAL 8,430,756 (634,293) 7,796,463 26,417,398 390,595 26,807,993 25,897,580 18,079 25,915,659 8,688,797 (1,714,042) 6,974,755

407 SURFACE WATER OPERATIONS & CAPITAL 3,366,916 484,893 3,851,809 9,859,250 193,286 10,052,536 10,026,642 244,443 10,271,085 3,633,259 (1,123,391) 2,509,868

501 EQUIPMENT RENTAL 3,865,586 (90,773) 3,774,813 5,970,145 ‐ 5,970,145 4,248,192 ‐ 4,248,192 5,496,766 5,496,766

502 INSURANCE 12,504,225 737,155 13,241,380 3,991,201 175,000 4,166,201 3,509,594 ‐ 3,509,594 13,897,988 (14,179,391) (281,403)

503 INFORMATION SERVICES 833,056 107,358 940,414 4,702,271 20,600 4,722,871 4,712,338 37,140 4,749,478 913,807 913,807

504 FACILITIES 710,924 187,397 898,321 4,930,944 22,600 4,953,544 4,926,946 32,162 4,959,108 892,758 892,758

505 COMMUNICATIONS 328,743 55,412 384,155 1,027,739 ‐ 1,027,739 1,026,738 3,143 1,029,881 382,013 382,013

512 HEALTHCARE INSURANCE 5,950,595 255,073 6,205,668 14,295,824 ‐ 14,295,824 14,596,149 ‐ 14,596,149 5,905,343 (4,378,845) 1,526,498

522 LEOFF1 RETIREES HEALTHCARE 7,745,180 1,122,373 8,867,553 2,272,207 ‐ 2,272,207 1,167,553 ‐ 1,167,553 9,972,207 (9,972,207) ‐

611 FIREMENS PENSION 5,165,003 133,504 5,298,507 468,000 ‐ 468,000 200,475 ‐ 200,475 5,566,032 (5,566,032) ‐

Total Other Funds 67,372,793 784,052 68,156,845 126,927,387 12,107,758 139,035,145 125,599,310 11,414,377 137,013,687 70,178,303 (41,684,726) 28,493,577

TOTAL ALL FUNDS 80,806,360 1,231,264 82,037,624 243,851,952 14,001,919 257,853,871 242,561,320 12,828,477 255,389,796 84,501,698 (41,860,273) 42,641,425

2 year total 123,798,945 535,115,343 23,812,862 558,928,204 569,702,499 28,522,952 598,225,450 84,501,698 (41,860,273) 42,641,425


AG

END

A ITEM

#

2015/2016 Mid‐Biennial Budget Amendment Detail 1/6FUND Adopted 2015 Adjustment 2016 Adjustment Amended

GENERAL FUND (Fund 0XX)

Beginning Fund Balance 17,565,282 ‐ ‐ 17,565,282

REVENUES 245,385,659

CW Property Tax ‐ 260,000

CW Sales Tax (Use, Annexation, and Criminal Justice) 1,140,000 1,060,000

CW Electricity and Natural Gas Utility/Use Tax (732,000) (732,000)

CW Transfer Station 180,000 180,000

CW City Utility Taxes 150,000 150,000

CW Cellular Utility Tax (150,000) (300,000)

CW State Shared Revenues 250,000 620,000

CW Gambling Tax 400,000 ‐

CED Permit Fees 825,000 480,000

CED Water, Wastewater, and Surface Water share of Inspection Positions ‐ 55,689

FES Reimbursement of state wildfire mobilization 20,286 ‐

FES Reimbursement for personnel cost to conduct DUI drill. FD #25 4,090 ‐

FES 2015 EMPG Grant 72,903 ‐

CS Add 2.0 LT Capital Project Coordinators (1.0 Facilities/1.0 Parks) ‐ 251,166

PW Compensation for 2013 LED Project warranty work 25,000 ‐

PD Remove budget for state seizure money (130,693) (130,693)

Total Revenue Adjustment 245,385,659 2,054,586 1,894,162 249,334,407

EXPENDITURES 247,860,979

EXE Convert Secretary 0.5 FTE to 1.0 FTE (Approved 8/10/15) 16,302 50,791

EXE Mayor pay/ben adjustment ‐ 17,828

AS Reclass Financial Svcs Mgr m26 to m30 ‐ 16,540

CA Add 1.0 Legal Assistant (Approved 8/10/15) ‐ 104,583

CED Eliminate Development Svcs Director (123,098) (158,155)

CED Reclass Building Official m32 to m33 ‐ 3,345

CED Reclass Building Plan Reviewer a23 to m26 ‐ 9,359

CED Reclass Senior Planner a28 to Long Range Planning Mgr m33 ‐ 13,238

CED Reclass 0.5 FTE Office Assistant 2 a03 to 1.0 FTE Admin Sec 1 a09 ‐ 38,396

CED Add 0.5 FTE Senior Planner ‐ 68,798

CED Reclass Mapping Coordinator a29 to Mapping Supervisor m29 ‐ 627

CED Reclass Plan Reviewer to Civil Engineer 2 (Approved 8/10/15) 4,424 9,890

CED Add 1.0 Civil Engineer 2 ‐ 137,727

CED Add 1.0 LT Building/Combo Inspector ‐ 123,753

CED Add 1.0 Construction Inspector ‐ 123,753

CED Add 1.0 Engineering Specialist 3 ‐ 125,278

CED Office Equipment for 4 New CED positions ‐ 43,200

PD Valley Comm Contract Adjustment ‐ 74,000

PD Add 4.0 Police Officers ‐ 527,151

PD Add 4.0 Police Officers (overhire funded with salary savings) ‐ ‐

PD SCORE Contract Adjustment ‐ 203,000

PD Remove budget for state seizure money (130,693) (130,693)

FES Communication consultant for RFA education outreach 50,000 ‐

FES Response to state wildfire mobilization 20,286 ‐

FES Personnel cost to conduct DUI drill. FD #25 4,090 ‐

FES 2015 EMPG Grant 72,903 ‐

HR Reclass Human Resources Mgr m30 to m32 ‐ 5,783

CS Add 2.0 LT Capital Project Coordinators (1.0 Facilities/1.0 Parks ‐ 251,166

CS Extend Contract Arborist for additional year ‐ 60,000

PW Compensation for 2013 LED Project warranty work 25,000 ‐

PW Kennydale Traffic Calming 20,000 ‐

PW Truck Mounted Arrow Board and Speed Radar Display Signs 14,000 20,000

PW School Flashing Beacons (2 Schools) and School Beacon Mother Boards 58,000 40,000

PW Electricity savings (130,000) (160,000)

PW Reclass Waste Water/Spec Ops Mgr m28 to m30 ‐ 2,469

PW Reclass Street Maint Mgr m28 to m30 ‐ 5,486

CW Healthcare Insurance Premium ‐ (254,800)

CW Transfer for Property Acquisition/Interfund Loan 3,400,000 41,587

Total Expenditure Adjustment 247,860,979 3,301,214 1,414,100 252,576,293

Ending Fund Balance 15,089,962 (1,246,628) 480,062 14,323,396


AGENDA ITEM #


LEASED FACILITIES FUND (Fund 108)

Adopted 2015 Adjustment 2016 Adjustment Amended

Beginning Fund Balance 121,014 ‐ 121,014

REVENUES 1,537,914

CS Adjust 2016 Leased City Properties revenues to rent schedules ‐ 155,133

CS Leased City Properties interfund loan from Insurance Fund (5yrs) 875,000 ‐

CS Tenant funded portion of TI ‐ Attorney and Notary Supply lease 7,500 ‐

Total Revenue Adjustment 1,537,914 882,500 155,133 2,575,547


CS Payment on Interfund loan from Insurance Fund (5yrs) ‐ 175,000

CS Reallocate existing 200 Mill budget to better reflect current operations ‐ ‐

CSBroker commission for Attorney and Notary Supply lease ‐ 200

Mill Building 13,694 ‐

CS Broker commission for Crawford and Company lease ‐ 200 Mill Building 40,000 ‐

CS Jones Lange LaSalle commission on Iron Mountain lease renewal 42,642 ‐

CS Jones Lange LaSalle commission on KCSARC lease renewal 37,105 ‐

CS Kidder Mathews commission Amazing Grace 3rd floor lease 25,000 ‐

CS Kidder Mathews commission on Iron Mountain lease renewal 21,312 ‐

CS Kidder Mathews commission on KCSARC lease renewal 13,553 ‐

CS Additional M&O for AG 3rd floor lease ‐ 200 Mill Bldg ‐ 41,965

CS Additional M&O for Attorney & Notary Supply lease ‐ 200 Mill ‐ 14,168

CS Additional M&O for Crawford & Company lease ‐ 200 Mill Bldg ‐ 30,051

CS Adjust for cancellation of Diamond Parking contract ‐ (56,000)

CS TI ‐ Amazing Grace 3rd floor 200 Mill 470,000 ‐

CS TI ‐ Crawford and Company lease ‐ 200 Mill Building 128,098 ‐

CS TI ‐ Iron Mountain lease renewal 10,000 ‐

CS TI ‐ KCSARC lease renewal 74,210 ‐

CS TI Attorney and Notary Supply lease ‐ 200 Mill Building 15,000 ‐

CS TI Amazing Grace 1st Floor ‐ 200 Mill 206,902 ‐

Total Expenditure Adjustment 1,335,382 1,097,515 205,184 2,638,082

Ending Fund Balance 323,546 (215,015) (50,051) 58,479

IMPACT MITIGATION FUNDS (Fund 303, 304, 305)


Beginning Fund Balance 3,009,736 ‐ 3,009,736

REVENUES 1,187,500

PW Sidewalk Fee‐in‐Lieu off ‐ 17,500

PW Transportation Impact Fees ‐ 195,000

PW Investment Interest ‐ 4,000

Total Revenue Adjustment 1,187,500 ‐ 216,500 1,404,000


CS Partially fund May Creek Acquisition 319,514 ‐

CS Fletcher Acquisition appraisal 2,750 ‐

CS Property Acquisition 150,000 ‐

Total Expenditure Adjustment 1,652,335 472,264 ‐ 2,124,599

Ending Fund Balance 2,544,901 (472,264) 216,500 2,289,137


AGENDA ITEM #


MUNICIPAL CIP FUND (Fund 316)



REVENUES 10,649,015

CS REET ‐ Property Acquisition 400,000 ‐

CS Partially fund May Creek Acquisition from 303 Fund 319,514 ‐

CS Transfer from 303 Fund to Fletcher Acquisition appraisal 2,750 ‐

CS Remove Conservation Futures funding not to be received in 2015 (650,000) ‐

CS Interfund Loan ‐ Property Acquisition 4,000,000 ‐

CS Sunset Court Park Sales Proceeds 500,000 ‐

CS Transfer from GF/303 ‐ Property Acquisition/Interest Surplus 3,550,000 41,587

CS Old Highlands Library Sales Proceeds ‐ 1,000,000

CS Transfer Surplus from 336 (Library Construction Fund) 500,000 ‐

Total Revenue Adjustment 10,649,015 8,622,264 1,041,587 20,312,866


CS Repayment of interfund loan ‐ Principal ‐ 975,587

CS Repayment of interfund loan ‐ Interest ‐ 66,000

CS Remove Conservation Futures funding not to be received in 2015 (650,000) ‐

CS Partially fund May Creek Acquisition from Prop 2 Levy Funds 300,486 ‐

CS Partially fund May Creek Acquisition from 303 Impact Mitigation Funds 319,514 ‐

CS Transfer from Irrigation Renovation and Conservation to Sunset EIS Park Improvem ‐ (250,000)

CS Transfer from Sport Court Repairs to North Highlands Park Improvements (110,000) ‐

CS Transfer from Parking Lot and Driveway Repairs to Riverview Bridge (100,000) ‐

CS Transfer from Park MM Playgrds, Kiosks & Interpretive Signs to Kenyon‐Dobson Bu (115,474) ‐

CS Transfer from Parks MM Playgrds, Kiosks & Interpretive Signs to Kenyon‐Dobson b ‐ (120,000)

CS Transfer from Parks MM Light Systems Upgrades to North Highlands Park Improve (26,602) ‐

CS Transfer from Parks MM ‐ Shoreline and Bank Stabilization to Sunset EIS Park Imp ‐ (50,000)

CS Transfer from Parks MM Shoreline and Bank Stabilization to Kenyon‐Dobson build ‐ (62,500)

CS Correct Carryforward Budget Adjustment for Transposition (360) ‐

CS Partially fund May Creek Acquisition from Prop 2 Levy Funds (300,486) ‐

CS Transfer from Prop 2 Levy Funds to Kenyon‐Dobson property appraisal (3,500) ‐

CS Transfer from Prop 2 Levy Funds to May Valley Meadows property appraisal (3,500) ‐

CS Transfer from Parking Lot and Driveway Repairs to Riverview Bridge 100,000 ‐

CS Transfer from Irrigation Renovation and Conservation to Sunset EIS Park Improvem ‐ 250,000

CS Transfer from Parks MM ‐ Shoreline and Bank Stabilization to Sunset EIS Park Imp ‐ 50,000

CS Transfer from 303 Impact Mitigation Funds to Fletcher Acquisition appraisal 2,750 ‐

CS Transfer from Coulon Park Shoreline Erosion to Coulon Park Tennis Courts Refurbi 55,000 ‐

CS Transfer from Coulon Park Shoreline Erosion to Coulon Park Tennis Courts Refurbi (55,000) ‐

CS Transfer from Coulon Park Dolphins/Camel Logs Replacement to Coulon Park Pave 139,688 ‐

CS Transfer from Coulon Park Dolphins/Camel Logs Replacement to Coulon Park Pave (139,688) ‐

CS Transfer from Prop 2 Levy Funds to Kenyon‐Dobson property appraisal 3,500 ‐

CS Transfer from Park MM Playgrds, Kiosks & Interpretive Signs to Kenyon‐Dobson Bu 115,474 ‐

CS Transfer from Parks MM Playgrds, Kiosks & Interpretive Signs to Kenyon‐Dobson b ‐ 120,000

CS Transfer from Parks MM Shoreline and Bank Stabilization to Kenyon‐Dobson build ‐ 62,500

CS Transfer from Sport Court Repairs to North Highlands Park Improvements 110,000 ‐

CS Transfer from Parks MM Light Systems Upgrades to North Highlands Park Improve 26,602 ‐

CS Property Acquisition Coulon Park Expansion ‐ ‐

CS Transfer from Prop 2 Levy Funds to May Valley Meadows property appraisal 3,500 ‐

CS Property Acquisition 8,400,000 ‐

CS Node Property 550,000 ‐

Total Expenditure Adjustment 15,138,585 8,621,904 1,041,587 24,802,076

Ending Fund Balance 4,416 360 ‐ 4,776


AGENDA ITEM #


TRANSPORTATION CIP FUND (Fund 317)



REVENUES 25,555,614

PW Business Licenses ‐ 73,000

PW Sunset Lane ‐ Bond Proceeds ‐ 4,850,000

PW S 7th St at Shattuck Ave S ‐ Fed STP/CMAQ (86,250) 86,250

PW S 7th St at Shattuck Ave S ‐ TIB (96,176) 96,176

PW Logan Ave N ‐ Fed STP (498,000) 498,000

PW Logan Ave N ‐ TIB (1,318,509) 782,448

PW Logan Ave N ‐ Boeing and Integra Telephone 70,777 10,944

PW NE 31st St Bridge Replacement ‐ BRAC ‐ 895,185

PW N 27th Culvert Scour Repair ‐ BRAC ‐ 354,120

PW Lake Washington Loop Trail ‐ State WSDOT ‐ 426,000

PW NE Sunset Blvd ‐ STP/CMAQ (656,967) 656,967

PW Main Ave S ‐ TIB 512,375 512,375

PW Carr Rd Improvements ‐ Safety Grant (270,000) ‐

Total Revenue Adjustment 25,555,614 (2,342,750) 9,241,465 32,454,329


PW Walkway Program ‐ 55,000

PW Sunset Lane Construction ‐ 4,850,000

PW S 7th St at Shattuck Ave S (252,865) 252,865

PW Logan Ave N (1,779,967) 1,299,408

PW NE 31st Bridge Replacement ‐ 1,037,300

PW N 27th Pl Culvert Repair ‐ 355,220

PW Lake Washington Loop Trail ‐ 426,000

PW NE Sunset Blvd (1,200,000) 1,200,000

PW Main Ave S 136,375 888,375

PW Carr Rd (266,500) ‐

Total Expenditure Adjustment 29,185,316 (3,362,957) 10,364,168 36,186,527

Ending Fund Balance 430,016 1,020,207 (1,122,703) 327,520

NEW LIBRARY DEVELOPMENT FUND (Fund 336)



REVENUES ‐

Total Revenue Adjustment ‐ ‐ ‐ ‐


CS Transfer Surplus to 316 500,000 ‐

CS Cedar River Library (100,000) ‐

CS Non‐Project specific (400,000) ‐

Total Expenditure Adjustment 15,329,760 ‐ ‐ 15,329,760

Ending Fund Balance ‐ ‐ ‐ ‐

AIRPORT FUND (Fund 402/422)



REVENUES 20,070,181

Total Revenue Adjustment 20,070,181 ‐ ‐ 20,070,181


PW Airport Office Renovation CIP ‐ 504,000

PW Surface Water System Rehab (150,000) (900,000)

PW Fire Water System 150,000 ‐

PW Airport Seaplane Launch Ramp Replacement ‐ (150,000)

Total Expenditure Adjustment 20,256,112 ‐ (546,000) 19,710,112

Ending Fund Balance 620,890 ‐ 546,000 1,166,890


AGENDA ITEM #


WATER UTILITY FUND (Fund 405/425 & etc)Adopted 2015 Adjustment 2016 Adjustment Amended


REVENUES 32,581,005

PW Repayment of interfund loan ‐ Principal/Interest ‐ 650,992



PW Indirect Cost Allocation to Development Svcs ‐ 13,922

PW Interfund Loan 2,500,000 ‐

PW Reclass Waste Water/Spec Ops Mgr m28 to m30 ‐ 549

PW Watermain Rehabilitation (500,000) ‐

PW Highland Water Main Improvements 800,000 ‐

PW Transmission Main Replacement (380,000) ‐

PW Transmission Main Replacement in SR169 to I‐405 80,000 ‐



WASTEWATER UTILITY FUND (Fund 406/416/426)Adopted 2015 Adjustment 2016 Adjustment Amended


REVENUES 55,035,260

PW Repayment of interfund loan ‐ Principal/Interest ‐ 390,595




PW Interfund Loan 1,500,000 ‐




SURFACEWATER UTILITY FUND (Fund 407/427)Adopted 2015 Adjustment 2016 Adjustment Amended


REVENUES 27,103,818

PW Cedar River Gravel Removal (Maint. Dredge) Project ‐ 8,286

PW Renton Stormwater Manual Update 50,000 ‐

PW Rainier Ave Stormwater Retrofit Project (130,657) ‐

PW Harrington Ave NE Stormwater Retrofit Project PH 2 675,000 ‐

PW N 30th St/Burnett Ave N Storm Sys Improvement ‐ 185,000

Total Revenue Adjustment 27,103,818 594,343 193,286 27,891,447


PW Permit Fees ‐ 25,000



PW Small Drainage Projects Program (90,270) ‐

PW Wetland Mitigation Bank Project (25,000) ‐

PW Cedar River Gravel Removal (Maint. Dredge) Project ‐ 8,286

PW Renton Stormwater Manual Update 50,000 ‐

PW Maplewood Creek Basin Storm System Improvements 25,000 ‐

PW NE 5th Pl & Edmonds Ave NE Storm System Improvement Project (90,000) ‐

PW Rainier Ave Stormwater Retrofit Project (175,387) ‐

PW Harrington Ave NE Stormwater Retrofit Project PH 2 900,000 ‐

PW N 30th St/Burnett Ave N Storm Sys Improvement ‐ 185,000

Total Expenditure Adjustment 31,223,623 594,343 244,443 32,062,409

Ending Fund Balance 3,684,416 ‐ (51,157) 3,633,259


AGENDA ITEM #


INSURANCE FUND (Fund 502)Adopted 2015 Adjustment 2016 Adjustment Amended


REVENUES 9,632,848

CS Payment from Interfund Loan to Leased Properties ‐ 175,000



CW Leased City Properties interfund loan from Insurance Fund 875,000 ‐

Total Expenditure Adjustment 7,104,171 875,000 ‐ 7,979,171

Ending Fund Balance 14,597,988 (875,000) 175,000 13,897,988

INFORMATION SERVICES FUND (Fund 503)Adopted 2015 Adjustment 2016 Adjustment Amended


REVENUES 9,379,902

AS Civil Engineer 2 ‐ IT (PC, Office Phone) ‐ 4,350

AS LT Building Inspector/Combo ‐ IT (PC, Office Phone, Laptop, Cell Phone) ‐ 5,950

AS Construction Inspector ‐ IT (PC, Office Phone, Laptop, Cell Phone) ‐ 5,950

AS Engineering Specialist 3 ‐ IT (PC, Office Phone) ‐ 4,350



AS Reclass GIS coordinator m26 to m30 ‐ 16,540

AS Civil Engineer 2 ‐ IT (PC, Office Phone) ‐ 4,350

AS LT Building Inspector/Combo ‐ IT (PC, Office Phone, Laptop, Cell Phone) ‐ 5,950

AS Construction Inspector ‐ IT (PC, Office Phone, Laptop, Cell Phone) ‐ 5,950

AS Engineering Specialist 3 ‐ IT (PC, Office Phone) ‐ 4,350

Total Expenditure Adjustment 10,365,603 ‐ 37,140 10,402,743

Ending Fund Balance 930,347 ‐ (16,540) 913,807

FACILITIES SERVICES FUND (Fund 504)Adopted 2015 Adjustment 2016 Adjustment Amended


REVENUES 9,885,269

CS LT Building Inspector/Combo ‐ Facilities ‐ 11,300

CS Construction Inspector ‐ Facilities ‐ 11,300



CS LT Building Inspector/Combo ‐ Facilities ‐ 11,300

CS Construction Inspector ‐ Facilities ‐ 11,300

CS Reclass Facility Supervisor to Facility Manager (Approved 8/10/15) 4,377 9,562

CS City Hall front door replacement 90,000 ‐

CS City Hall Major Maintenance 12,000 ‐

CS Coulon Structure Maintenance (12,000) ‐

Total Expenditure Adjustment 10,042,661 94,377 32,162 10,169,200

Ending Fund Balance 996,697 (94,377) (9,562) 892,758

COMMUNICATIONS FUND (Fund 505)



REVENUES 2,020,170

Total Revenue Adjustment 2,020,170 ‐ ‐ 2,020,170


EXE Reclass Comm Spec 2 to Comm Mgr (Approved 8/10/15) 3,646 12,000

EXE Reclass Comm Spec 2 to Comm Spec 1 (Approved 8/10/15) (5,970) (18,790)

EXE Convert Office Assistant 0.5 FTE to 0.625 FTE (Approved 8/10/15) 3,139 9,933

Total Expenditure Adjustment 2,018,168 815 3,143 2,022,126

Ending Fund Balance 385,971 (815) (3,143) 382,013


AGENDA ITEM #

1


ORDINANCE NO. ________

AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, ESTABLISHING THE PROPERTY TAX LEVY FOR THE YEAR 2016 FOR GENERAL CITY OPERATIONAL PURPOSES IN THE AMOUNT OF $37,214,072.

WHEREAS, the Council has met and considered its budget for the fiscal year 2016; and

WHEREAS, the Council, after hearing and considering all relevant evidence and

testimony presented, determined that, in order to discharge the expected expenses and

obligations of the City and in its best interest, the City of Renton requires a regular levy in the

amount of $37,214,072 for 2016;


ORDAIN AS FOLLOWS:

SECTION I. The regular property tax levy is hereby authorized for 2016 in the amount

of $37,214,072.

This amount includes: $357,617 or 1% in amounts authorized by the levy growth limit

factor over the maximum allowable levy in 2015. In addition, the 2016 levy amount will also

include additional revenue resulting from partial correction of 2013 levy error in the amount of

$619,061; new construction and improvements to property in the amount of $397,414; re‐levy

of prior year refunds in the amount of $76,928; adjustments as a result of annexations that

have occurred in the amount of $1,322; and any increase in the value of state‐assessed

property.

SECTION II. The regular levy includes levy for the Firemen’s Pension at the rate of

$0.225 per $1,000 assessed valuation.

2016 Property Tax Budget Ordinance 11

AGENDA ITEM #

ORDINANCE NO. _________

2

SECTION III. This ordinance shall be effective upon its passage, approval, and five (5)


PASSED BY THE CITY COUNCIL this _______ day of ___________________, 2015.

Jason A. Seth, City Clerk APPROVED BY THE MAYOR this _______ day of _____________________, 2015.

Denis Law, Mayor

Approved as to form: Lawrence J. Warren, City Attorney

Date of Publication:

ORD:1886:10/5/15:scr

2016 Property Tax Budget Ordinance 12

AGENDA ITEM #

1


ORDINANCE NO. ________

AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, AUTHORIZING THE PROPERTY TAX LEVY FOR THE YEAR 2016.

WHEREAS, the City Council has properly given notice of the public hearing to consider

the City’s 2015‐16 proposed budget pursuant to RCW 84.55.120; and

WHEREAS, the City Council, after hearing and after duly considering all relevant

evidence and testimony presented, has determined that there is a need to increase the

property tax revenues from the prior year, in addition to the increases resulting from

annexations, the addition of new construction, and improvements to property, and any

increases in the value of state‐assessed property, in order to discharge the expected expenses

and obligations of the City; and


ORDAIN AS FOLLOWS:

SECTION I. The regular property tax levy total of $36,739,730 is hereby authorized

for 2016. The Levy consists of:

2015 Base Levy: $35,761,730

1% growth limit in the amount of $357,617;

New annexation levy in the amount of $1,322;

2013 levy error correction in the amount of $619,061

This is an increase of $262,203 or 0.72% over the 2015 actual levy of $36,477,527.

Exhibit A shows the calculation of the change.

2016 Property Tax Levy Ordinance 13

AGENDA ITEM #


2

The above levy does not include increase resulting from the addition of new

construction, improvements to property, any increase in the value of state‐assessed property,

and amounts re‐levied due to omits or administrative refunds. The amount of new

construction and prior year refunds are $397,414 and $76,928, respectively. Therefore the

total 2016 property tax levy will be $37,214,072.

SECTION II. This ordinance shall be effective upon its passage, approval, and five (5)



Jason Seth, City Clerk APPROVED BY THE MAYOR this _______ day of _____________________, 2015.

Denis Law, Mayor



ORD:1780:10/30/12:scr


AGENDA ITEM #


3

Exhibit A:

Calculation of Percentage Increase

Items

2016 Proposed

Levy

2015 Actual

Levy

2015 Base Levy 35,761,730$ 35,761,730$

1% Adjustment (on Base Levy only 357,617 in above

Annexation 1,322 in above

Levy Correction: 2013 Error 619,061 611,995

Relevy Pror Year Refunds/Omitts * 103,802

2016 Levy Base/2015 Actual Levy 36,739,730$ 36,477,527$

% Increase over Last Year Actual 0.72%

Levy Excluded in "% Increase" Calculation

New Construction/Improvements 397,414

* Relevy Prior Year Refunds/Omitts 76,928

Subtotal of New Construction/Refunds 474,342$

Total Proposed 2016 Levy 37,214,072$

* Relevy of prior year refunds/omitts are not included in the "increase"

calculation as the amount was part of prior year levy but never collected.


AGENDA ITEM #

1



AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, RELATING TO THE REGULAR PROPERTY TAX LEVIES FOR COLLECTION IN 2016, IMPLEMENTING RCW 84.55.0101 AND FINDING SUBSTANTIAL NEED TO INCREASE THE REGULAR PROPERTY TAX LIMIT FACTOR ABOVE THE RATE OF INFLATION TO ONE PERCENT (1%), FOR A TOTAL LIMIT FACTOR OF ONE HUNDRED AND ONE PERCENT (101%).

WHEREAS, Chapter 84.55 RCW establishes the “Limitations Upon Regular Property

Taxes” which all taxing jurisdictions must use in calculating the amount of regular property tax

levy which may be levied to provide governmental services; and

WHEREAS, the limitation is generally restricted to a “limit factor”, which is equal to the

lower of one percent (1%) or inflation. Inflation is measured as the percentage change in the

“implicit price deflator” (IPD) as published for the most recent twelve (12)‐month period by the

Federal Department of Commerce in September of the year before the taxes are payable; and

WHEREAS, the September 2015 IPD is two hundred fifty‐one thousandths percent

(0.251%), therefore, the City’s 2016 Property Tax levy would be one hundred and two hundred

fifty‐one thousandths percent (100.251%) of the regular property taxes levied by the City in

2015, together with certain increase in assessed valuations as set forth by law; and

WHEREAS, notwithstanding the foregoing general limitations, RCW 84.55.0101 permits

the City to adopt, as a limit factor, a percentage increase up to one hundred and one percent

(101%) provided the Council enters a finding of substantial need and approves the increased

limit factor by affirmative vote of a majority plus one vote; and

2016 Property Tax Substantial Need Ordinance 16

AGENDA ITEM #


2

WHEREAS, the City continues to face costs associated with labor contracts, benefits, and

professional services increasing at a faster rate than the City’s primary recurring revenue

sources; and

WHEREAS, the Council has held a public hearing regarding the 2015/2016 Mid‐Biennium

Budget Adjustment which included consideration of revenue sources for anticipated current

expense to provide City services, and possible increases in property tax revenues; and

WHEREAS, the Council has considered the effect of increasing the tax levy and the

increased service demands from those in need; and

WHEREAS, based on the above findings, the Council finds that a substantial need exists

to set the property tax limit factor at one hundred and one percent (101%) of the 2015

property tax levy;


ORDAIN AS FOLLOWS:

SECTION I. The above findings are true and correct in all aspects and substantial

need exists for the City Council needs to levy 2016 property tax at one hundred and one

percent (101%) of the property tax levied for 2015, pursuant to RCW 84.55.0101, to produce

revenues sufficient to meet 2016 expenses.

SECTION II. This ordinance has been passed by the affirmative vote of at least a

majority plus one of the whole membership of the Council.

SECTION III. This ordinance shall be effective upon its passage, approval, and thirty

(30) days after publication.



AGENDA ITEM #


3

Jason A. Seth, City Clerk APPROVED BY THE MAYOR this _______ day of _____________________, 2015.

Denis Law, Mayor



ORD:1887:10/5/15:scr


AGENDA ITEM #

1


RESOLUTION NO. ________

A RESOLUTION OF THE CITY OF RENTON, WASHINGTON, AUTHORIZING INTERFUND LOANS TO FUND 316, MUNICIPAL FACILITIES CAPITAL INVESTMENT FUND, AND TO FUND 108, LEASED CITY PROPERTIES FUND, FOR PROPERTY ACQUISITION AND IMPROVEMENT PURPOSES.

WHEREAS, the Council adopted Resolution No. 3811 authorizing interfund loans

between City funds under certain conditions and circumstances; and

WHEREAS, Fund 316, Municipal Facilities Capital Investment Fund, is in need of a

temporary loan for the acquisition of property for future parks and community facility needs;

and

WHEREAS, the City’s Water Utility, Fund 405, and Wastewater Utility, Fund 406, have

been accumulating funds for future capital projects, part of which are available on an interim

basis, and are available to lend to Fund 316 at current market interest rates; and

WHEREAS, Leased City Properties, Fund 108, is in need of a temporary loan to fund

improvements at the 200 Mill Building; and

WHEREAS, Leased City Properties, Fund 108, is managed and reported as part of the

City’s General Fund; and

WHEREAS, the City has been accumulating reserve funds in accordance with its Financial

Policies in its Insurance Fund, Fund 502, through transfer from its General Fund. Part of the

reserve funds is available on a temporary basis;


RESOLVE AS FOLLOWS:

SECTION I. The above recitals are found to be true and correct in all respects.

Fund 316 and 108 Interfund Loan Resolution 19

AGENDA ITEM #

RESOLUTION NO. _______

2

SECTION II. The Council authorizes an interfund loan in the amount of four million

dollars ($4,000,000) to Fund 316 from the City’s Water Utility (Fund 405) and Wastewater

Utility (Fund 406) funds, over a period not to exceed four (4) years from the effective date. The

interfund loan will be effective on or about December 1, 2015, and shall bear interest at one

point sixty‐five percent (1.65%) per annum until paid.

SECTION III. The Council further authorizes an interfund loan in the amount of eight

hundred seventy‐five thousand dollars ($875,000) to Fund 108. The interfund loan will be

effective November 1, 2015, and will be repaid no later than five (5) years without interest.

PASSED BY THE CITY COUNCIL this ______ day of _______________________, 2015.

______________________________ Jason A. Seth, City Clerk

APPROVED BY THE MAYOR this ______ day of _______________________, 2015.

______________________________ Denis Law, Mayor

Approved as to form: ______________________________ Lawrence J. Warren, City Attorney

RES.1684:10/5/15:scr


AGENDA ITEM #

Amortization 316 from 405

Amortization TableRES

Loan Info Loan Summary

Loan Amount 2,500,000.00 Scheduled Payment 650,992.19

Annual Interest rate 1.65% Number of scheduled payments 4

Term 4 Actual Number of Payments

Number of Payments/Yr 1 Total Early Payments ‐

Start date 12/1/2015 Total Interest 103,968.77

Pmt No.

Payment

Date

Beginning

Balance

Scheduled

Payment

Extra

Paymt

Total

Payment Principal Interest Ending Balance

1 12/1/2016 2,500,000.00 650,992.19 ‐ 650,992.19 609,742.19 41,250.00 1,890,257.81

2 12/1/2017 1,890,257.81 650,992.19 ‐ 650,992.19 619,802.94 31,189.25 1,270,454.87

3 12/1/2018 1,270,454.87 650,992.19 ‐ 650,992.19 630,029.69 20,962.51 640,425.18

4 12/1/2019 640,425.18 650,992.19 ‐ 650,992.19 640,425.18 10,567.02 ‐

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2,500,000.00 103,968.77


AGENDA ITEM #




Loan Amount 1,500,000.00 Scheduled Payment 390,595.32

Annual Interest rate 1.65% Number of scheduled payments 4



Start date 12/1/2015 Total Interest 62,381.26

Pmt No.

Payment

Date

Beginning

Balance

Scheduled

Payment

Extra

Paymt

Total


1 12/1/2016 1,500,000.00 390,595.32 ‐ 390,595.32 365,845.32 24,750.00 1,134,154.68

2 12/1/2017 1,134,154.68 390,595.32 ‐ 390,595.32 371,881.76 18,713.55 762,272.92

3 12/1/2018 762,272.92 390,595.32 ‐ 390,595.32 378,017.81 12,577.50 384,255.11

4 12/1/2019 384,255.11 390,595.32 ‐ 390,595.32 384,255.11 6,340.21 ‐

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1,500,000.00 62,381.26


AGENDA ITEM #




Loan Amount 875,000.00 Scheduled Payment 175,000.00

Annual Interest rate 0.00% * Number of scheduled payments 5



Start date 11/1/2015 Total Interest ‐

Pmt No.

Payment

Date

Beginning

Balance

Scheduled

Payment

Extra

Paymt

Total


1 11/1/2016 875,000.00 175,000.00 ‐ 175,000.00 175,000.00 ‐ 700,000.00

2 11/1/2017 700,000.00 175,000.00 ‐ 175,000.00 175,000.00 ‐ 525,000.00

3 11/1/2018 525,000.00 175,000.00 ‐ 175,000.00 175,000.00 ‐ 350,000.00

4 11/1/2019 350,000.00 175,000.00 ‐ 175,000.00 175,000.00 ‐ 175,000.00

5 11/1/2020 175,000.00 175,000.00 175,000.00 175,000.00 ‐ ‐

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875,000.00 ‐

* Per BARS 3.9.1.20 interest should be charged on interfund loans, unless the borrowing fund is normally funded by the

lending fund. Fund 108 is a management fund of the General Fund and we are borrowing from General Fund reserves held in

the Insurance Fund, therefore, interest is not required.


AGENDA ITEM #

committee of the whole meeting

Documents