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FINANCECOMMITTEECOMMITTEEREPORTApril24,2023APPROVEDBYCITYCOUNCILate7%’ApprovalofClaimsandPayrollVouchersTheFinanceCommitteeapprovesthefollowingpayments:1.AccountsPayable—totalpaymentof$9,593,148.78forvouchers10629-10634,407439-407440,407449-407731;payrollbenefitwithholdingvouchers7099,7101-7110,407441-407448and0wiretransfers.2.Payroll—totalpaymentof$1,269,694.80forpayrollvouchersthatinclude660directdepositsand8checks.(03/16/2023-03/31/2023payperiod).3.KidderMathewsvouchers1381-1403totaling$41,435.96.4.MunicipalCourtvouchers018236-018263totaling$16,416.72.cc:KarlRoller,FinanceAdministratorKristinTrivelas,FiscalServicesDirectorMelissaCrawford,FinanceAdministrativeAssistantKim-KhánhVán,Member1055SouthGradyWay,Renton,WA98057rentonwa.gov FINANCECOMMIHEECOMMITTEEREPORTApril24,2023APPROVEDBYCITYCOUNCILDate2)TheFinanceCommitteerecommendsconcurrenceinthestaffrecommendationtoapprovetheacquisitionandauthorizetheMayorandCityClerktoexecutethePurchaseandSalesAgreement.Thetotalacquisitioncostsforthe271$DuvallAveNEpropertyareestimatedtobeapproximately$1,140,000.00.Thepurchasepriceofthepropertyis$1,050,000.00.Additionaltransactioncosts,includingappraisal,environmentalsiteassessment,titlereport,andstructuredemolitionareapproximately$90,000.Thefundingsourceis316.332087.020.594.76.61.000MISERPROPERTYACQUISITION.ThisacquisitionispartiallyfundedbyParkImpactMitigationFundsandaportionofthetotalcostsareeligibleforgrantreimbursementdependinguponthefutureuseoftheparcel.cc:Erica5chmitz,ParksPlanningandNaturalResourcesDirectorKellyBeymer,ParksandRecreationAdministratorKariRoller,FinanceAdministratorSeanhollingsworth,SeniorFinanceAnalystJasonLederer,ParksPlanningManager2718DuvaIlAvenueNEPropertyAcquisition(ReferredonApril17,2023)1055SouthGradyWay,Renton,WA98057rentonwa.gov FINANCECOMMITTEECOMMITTEEREPORTAPPROVEDBYCITYCOUNCILDate4/f’3April24,2023TheFinanceCommitteerecommendsconcurrenceinthestaffrecommendationto:1.Approvethebudgetamendmentandadopttheordinanceamendingthe2023/2024biennialbudgettoincreaserevenuesby$82,819,219,foranamendedtotalrevenuesof$667,283,601overthebiennium,andincreaseexpendituresby$205,500,724,foranamendedtotalexpendituresof$726,697,152overthebiennium;andamendingthe2023salarytable.2.Approvetheresolutionamendingthe2023/2024FeeSchedule.2023CarryForward/istQuarterBudgetAmendmentOrdinanceand2023/2024FeeScheduleResolution(ReferredonApril17,2023)cc:KariRoller,FinanceAdministratorKristinTrivelas,FiscalServicesDirectorRaevelChea,SeniorFinanceAnalyst1055SouthGradyWay,Renton,WA98057rentonwa.gov