HomeMy WebLinkAboutFinance Committee - 13 Jul 2026 - Agenda •
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CITY OF RENTON
AGENDA - Finance Committee
4:15 PM- Monday, July 13, 2026
Council Conference Room, 7th Floor, City Hall- 1055 S. Grady Way/Videoconference
1. RATIFICATION AND AUTHORIZATION OF A PROPOSED INCREASE TO INCENTIVES FOR
LATERAL POLICE OFFICER RECRUITMENT
1. Police Department requests ratification of a Memorandum of
Understanding (MOU) with the Renton Police Guild that summarizes
proposed increases to incentives for lateral Police Officer recruitment, and
authorization to increase incentives per the MOU. The proposal increases
the current employee referral bonus from $5,000 to $15,000 and the lateral
hire bonus from $20,000 to $40,000. Lateral officers must meet specific
thresholds to earn the full bonus amounts. Refer to Finance Committee
2. CHANGE ORDER FOR WASHINGTON STATE SALES TAX (WSST) FOR THE RENTON
MARKET AND PIAZZA PARK PROJECT
Public Works Department- Facilities Division recommends execution of
Change Order No. 11 to CAG-25-016, Renton Market Project, contractor
Schuchart Corporation, in the amount of $669,830.64 for omitted
Washington State Sales Tax. Refer to Finance Committee
3. LEASE ADDENDUM #1 TO LAG-24-003 WITH BRINTON BUSINESS VENTURES INC
DBA EVERGREEN REFRESHMENTS
Public Works Department- Facilities Division recommends execution of
Addendum 1-26, to lease LAG-24-003, lessee Brinton Business Ventures,
Inc. dba Evergreen Refreshments which extends the lease through July 31,
2027 and increases the total monthly rent to $65.96 including leasehold
excise tax for unstaffed concession services for Police Department
personnel located on the first floor of City Hall. Refer to Finance
Committee
4. 2025 AUDIT ENGAGEMENT LETTER WITH THE OFFICE OF WASHINGTON STATE
AUDITOR
Finance Department requests execution of the 2025 Audit Engagement
Letter with the Office of Washington State Auditor, in the amount of
$122,000, for annual audits for fiscal year 2025. Refer to Finance
Committee
5. 2ND QUARTER 2026 BUDGET AMENDMENT ORDINANCE
Finance Department recommends adoption of the 2nd Quarter Budget
adjustment ordinance. The proposed revenue budget adjustment totals
$7.1 million, with an expenditure budget adjustment of$10.4 million. Refer
to Finance Committee
6. VOUCHERS
a) Accounts Payable
b) Disbursements
c) Payroll (located in Dropbox)
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/I/$7987691701?pwd=dWVKbmV4KzBTVWF3MW9qSmxPbmpGUT09
Zoom Meeting ID: 879 8769 1701, Passcode: 004276
You can call through Zoom at (253) 215-8782 and use the Meeting ID.