HomeMy WebLinkAboutFinance Committee - 27 Apr 2026 - Agenda (3) •
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CITY OF RENTON
AGENDA - Finance Committee
3:30 PM- Monday - 27 Apri12026
Council Conference Room, 7th Floor, City Hall— 1055 S. Grady Way
1. GRANT ACCEPTANCE OF COMMERCE CONNECTING HOUSING TO INFRASTRUCTURE
PROGRAM (CHIP) FUNDS FOR HOMESTEAD COMMUNITY LAND TRUST WILLOWCREST
PHASEIIPROJECT
Community & Economic Development Department— Planning Division
recommends execution of a Commerce Connecting Housing to
Infrastructure Program (CHIP), with the Washington State Department of
Commerce, to accept $1,000,000 in grant funds for the Homestead
Community Land Trust Willowcrest Phase II project; and authorize
additional budget appropriations in the amount of $1,000,000 offset by
these grant funds in the Q2 budget adjustment.
2. 2020 WASHINGTON STATE DEPARTMENT OF HEALTH SNAP INCENTIVE
AGREEMENT AMENDMENT 8
Parks & Recreation Department—Recreation Division recommends execution of Amendment 8
to the 2020 Washington State Department of Health SNAP Incentive Agreement to accept an
additional $2,000 as reimbursement for accepting SNAP benefits at the Renton Farmers
Market.
3. LOCAL AGENCY AGREEMENT AND PROSPECTUS WITH THE WASHINGTON STATE
DEPARTMENT OF TRANSPORTATION FOR THE RAINIER AVENUE CORRIDOR
IMPROVEMENTS - PHASE 5 PROJECT
Public Works Department—Transportation Systems Division recommends execution of
a Local Agency Agreement and Prospectus with the Washington State Department of
Transportation for the obligation of grant funding in the amount of$3,694,886, and all
all subsequent agreements necessary to accomplish construction of the Rainier Avenue
Corridor Improvements -Phase 5 project.
4. INTERLOCAL AGREEMENTS FOR POLICE SERVICES DURING WORLD CUP 2026
Police Department recommends execution of a Interlocal Agreements with the cities of
Auburn and Federal Way, with an expected fiscal impact of$358,000, for police services
during World Cup 2026; and additional authorization is sought for the Mayor to execute
Interlocal Agreements with the cities of Tukwila, Kent, Des Moines, and the Port of
Seattle (once approved as to legal form) at a later date.
5. 2025 CARRYFORWARD/1 ST QUARTER 2026 BUDGET AMENDMENT ORDINANCE
AND 2025-2026 FEE SCHEDULE RESOLUTION
Finance Department recommends adoption of an ordinance amending the 2025-2026
budget to increase revenues by $57.6 million over the biennium, increase expenditures
by $176.9 million over the biennium, and amend the 2026 Salary Table; and adopt a
resolution amending the 2025-2026 Fee Schedule.
6. VOUCHERS
a) Accounts Payable
b) Court
c) Disbursements
d) Payroll (located in Dropbox)
e) Real Estate
7. EMERGING ISSUES IN FINANCE
If you would like to attend this week's meeting remotely,you can do so by going to
https://us02web.zoom.us/j/87987691701?pwd=dWVKbmV4KzBTVWF3MW9qSmxPbmpGUT09
Zoom Meeting ID: 879 8769 1701, Passcode: 004276
You can call through Zoom at (253) 215-8782 and use the Meeting ID.