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Home My WebLink AboutCommittee of the Whole Packet for 10/12/2015 - - -- �- � CITY OF en an - � 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 2. Mld-biennium Budget Presentation �N'„ 1 ��.�/1C r � �fi 4��1,, �p av c►�- u IM+� 'V`�v'�0-� t � �e� SS�wr �`�e� �� J p ,re,� Pr;�cL (-�� ►Y� �� Z,y�nvhptNl�u�^ �OJ d�V`in � �CA I�-'� '�2Y�1 ��I��as{��'��wt� �N a�nc y C��,r� S�,,, Cv��V►►�(h �.a�Y� J �� C�� v� �S�,e �I-lact� .;YCh„��✓ �'�CVIV�`�/ C� � V�►„�'�� AGENDA 1TEM # 1. "'��ITY OF �� , F ' � ' • : -• 1 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 �I EXT.: 6929 j . � � ', 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 � • • � • 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). A. Budget Meeting Calendar � • � � • 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 RENTON PRELIMINARY 2015/2016 MID-BIENNIUM BUDGET AMENDMENT CALENDAR 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�.m. Council budget workshop: • Proposed Mid-Biennium Adjustments(ordinance) • Proposed Property Tax Levy(ordinance) • Proposed Fee adjustments, if applicable(resolution) October 26.2015—Resular Council Meetin�—7:00 o.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 a.m. Council budget workshop: • Deliberation • Finalize Committee Report November 2.2015—Re�ular Council Meetine—7:00 o.m. • Committee of the Whole report adoption • Ordinances First Reading November 9,2015—Re�ular Council Meetin�—7:00 o.m. • Ordinances Final Reading and Adoption • Fee Schedule Resolution Adoption, if applicable AGEND�o/��1�# . , . . . � . � � � Mid-Biennium Budget Amendment �.. .. ,_..?9.1�.�°.�'�s�,��,"�w'., ,., ,. ,r��.�.,��,.�,,,, �s��,��.,��,.',��s�ka'�,J""��„�"H:`;� . .�.. �:a 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. 1 AGEND�o/��# Property Tax � `" . ., . - , .��:;.��.�. � � � � •$tate law allows cities to � � �%Chg � Budget tnctual/vrojected increase base property tax levy �z - Z3% -- - 5ao.o by the lower of inflotion Saao , ($eptember IPD)or 1%. �% _._ � ',-53�0 ' •Should the IPD falls below 1%, . 53a.o large cities may levy the full 1% ss% - �._ if their councils find there is a 53zo '! "substantial need"to do so to 10% � " �0° 6% Szao preserve city services. 4% Q,� 5% .___ _ � 3%... .. .._3% •The September IPD published �� 3% Z% �, SZ�O by BEA shows 0.25%year over � � ,__�_� . . . �, Szao year increase. ' Szzo •Based on the current and -sx -____ __ _ .sx____ Szao i4 6 � � s � � � projected funding needs of the Q Q ^ ^ ^ ^ ^ � Q R � City,staff recommends Council to take action to allow the base 2016 property tax increase by 1%. Preliminary 2016 Property Tax Levy ��..�.»„y.f.,.„�r.-,. ,�� ,.,,. ��..�.,�. . ��-�„� �,�-� � �. � 2015 Base Levy $35 761 730 1% Increase � 357,617 2016 Base Levy $36 1 19 347 % Change from 2015 Base Levy , 1'00% 2016 Base Levy $36,119,347 New Construction 397,414* Annexadion 1,322 2013 Correction,Final Installment 619,061 ReLevy Prior Year Refunds 76,928* 2016 Total Levy $37,214,072 2015 Actual Levy $36,477,527 2016 Total Exclude "*" Items/2015 Actual 0.72% 'Per RCW 84.55.12D these items are exduded from the%increase calcuation. 2 AGEND�o/��[�# Sales Tax ., .. �.�;: ��.<..�,�- ,��.,.�K�,�v�,:�;r�r�4�,`=•'� •2015 colledion is expeRed to be 7.5%above 2014 and �%Change YOY -�-Budget tActual/Projected 4%above budget. 20% -48% �, $30 •Construdion sedor grew by 15% � 10% g� 'I SZ5 27%,followed by auto sales 10% - 9% a�= and service seaors at 10% a% 39L � a55 Szo each. General retail and 5% wholesale combined grew by 0% � - ■ 515 6%from last year. These � -1% growth are offset by -5% -°�' 'r 510 decrease in manufaduring -10% and miscellaneous sales. -15% $5 -13% •2016 projedion is revised -20% $o upward based on ihe higher 06 07 08 09 l0 11 12 13 la 15 16 2015 estimates plus an overall 4%growtfi from 2015 level. Composition of Sales Tax u � � , . t �.txr , .;rv� � x . _ , �: , .�. �°� Pre-Recession 2015 Comaosition co�«� ma��. co"�w'°" Services 14% 4 Services 13°/a 20°/a �O Y2% Manu. Misc 7% 3% + Misc' ,....,.,.. .-' ' ' --'�a� , �- ..�.:.� ---; 2% �:�.-_ . ,�...,;_:. Aufo Retail/ A�� Retoi�/ 23% Wholesale 20% Wholesale 36% 36% 3 . - 1 AGEND�o/��# Utility Taxes �� .. � Utiliry taxes are expected to --- ------ underperform original budget by �%Change Budget fAc[ual/Projected '�.. 3%in 2015 and 4%in 2016. z� __ ie% _ _ _._ __ S��' Downward adjustments are made �.-«�-"`""� �552k in 2015 and 702k i�2016. 15% ------ - '" 516 u% iovc 5is Redudions are in eledric and 1o5c � — ��ax �� ---------- naTural gas utility taxes by�650k/ 6% 6% 51a yeor due to much milder winters in s% - --- � �. 2% ..�._... $13 recenT years,and in cellular utility . o% tax due To ihe service providers �% — � �� 51z separating data charges from Z% --... ..3% _. voice which allows them to reduce �5% 5% 511 taxable revenues ' -law - --_ _ _ --__-- - 510 `B o � a' o e� m a �n �o These reductions are artiall o 0 0 0 0 0 0 0 0 0 0 P Y N N N N N N N N N N N offseT by increases in city - operated utilities and franchise garbage utility taxes. Development Fees �, � , ��. . � _ � �� YTD development service fees have exceeded budget �%Chg sudqet i-nctual/rrojected projection by 20%and the aoss _ _ _ 9�.0 same period last year by 22%. z�% zz% aox .. _ zz55 _--__ 5s.o •We expect development mss --- ----- 18% 16% as%- service fees to exceed budget lo% _4%. s55 I Ss.o bY a825k in 2015 and a480k � i ' � .� 11% �o in 2016. � _l� ._ .... . . ..._... . 53A . •The increased level of -2� ---- - -- - development activities also 3� -zi% � SZ.o required staffing adjustment. { Si.o �ox — � — — The department is proposing to -ao% , add overall 4 FTEs and -5°% — -__- � 5°° g � S � '�' "� � upgrade�reclass 4 positions. � o � ry � ry Q R o 0 0 4 AGEND�4o/�F�l� Real Estate Excise Tax (REET� � � _ . � _ _ _ _- •YTD REET colledion is �%Chg � �Budget tActual/Projected approximately the same as last year and 10%above budget , iovx __ _ ____ ___. �.s � s1% � eox — -- — _ _-Se.o •We anticipate REET colledion ', � � �5 ' to end the year$400k above ', 60% / �� aa% - 5s.o budget in 2015. �% 38% �/ __ __ ___-- - 1 -- Sns •REET is restrided for capital Z°% � ` � --- 5°'° Z% 3% purposes and is currently used � -- �5 to fund General Governmental ' � � � Ss.o Capital and Debt$ervice. z� � Szs -Z4 -23% <0% --..—._._ . .. ._ u.0 30X — _._.. -45%_.. .__..__._---�__ .._. 51.5 � s � $ � � � � R � � rv � � � � a State Shared Revenues . �� e , ,�� ■Aher the state reduced __ _ __ _ _ various shared revenue �vc cnanBe eudgec ��Actual/VrojeRed distributions over the past 3 �% _ __ , �,o years,the revenue is expeded Za% � to improve in the second half of ux i Sa.s w._��i 2015. pz _ � ,,,� �53.0 ■In the 2015-17 budget,the is% - ----_.__ii% 5zs io% state restored the 50°/a liquor lox �% a%- a9c 9% : 5z.o excise tax 5220k a ear: � o% , � ' ' ' �..' y � I Y ) added a minor distnbution m � Sis marijuana retaJ taxes,and a ' Sl.o sliqht increase in fuel taz 5% _ -1z �'' Sos distribution(a150k in 2016). i iax _ _ _ ,� : 9p.o ■The budget adjustment will o R Q a � r Q r „ r Q also true-up miscellaneous public safety rants/distributions. 5 AGEND�4o/��# Summary of GF Revenue Adjustment Generel Fund Revenue Adjustment 2015 2016 PropertyTax $ - $ 260 Sales Tax 1,140 1,060 UtlityTax (552) (702) Gambling Tax 400 REET 400 I REETTrensferto CIP (400) State Shared Revenue 250 620 Misecllaneous Grants 122 Permitfee 825 480 Eliminate Seizure Fund Revenue(and Expenditure) (131) (131) Interfund ReimbursementforPositions 56 � CIP Reimbursement for Positions 251 Total Adjustment($in thousands) $ 2,055 $ 1,894 Summary of GF Expenditure Adjustment � -- ��"��"�(ieneral Fund Fxpenditure Adjustment 2015 2016 �� Summary of Position Adjustments $ (102) $ 1,478 OfficeEquipmentfor4NewCEDpositions - 43 SCOREContractAdjustment - 203 Valley Comm Contred Adjustment - 74 Eliminate Seizure Fund Expenditure(and Revenue) (131) (131) RRFA Communication 50 - GrantFunded Expense 97 - Extend Contract Arborist for additional year - 60 Compensation for 2013 LED Project warranty work 25 - KennydaleTrafficCalming 20 - Truck Mounted Arrow Board and Speed Radar 14 20 School Flashing Beacons(2 new schools&Upgrade Existing) SS 40 Electricity savings from LED Street Lights (130) (160) Healthcare Insurance Premium - (255) TransfertoClP-PropertyAcquisition 3,400 42 Total Adjustment($in thousands) $ 3,301 $ 1,414 6 AGEND�o��l� Staffing Change I Dept dv F7E P�oposed P�evlous 2016 Fundingsource sfatus GFAdjustment ASD Fin FinSvsManager�m30) (m26) $ 16,590 $ 16,SA0 ASD IT GISManager�m30) (m26) � 16,540 Intemal5ervice CED CurrentVlanning 0.50 SeniorPlanner 68,798 permi[fee 68,798 CED CunentPlanning 0.50 AdminSec 38,3% permitfee 38,3% , CED CurrentPlanning 1.00 CEII�PWPIanReview) 137,T17 permi[(ee 13�,727 CED CurrentPlanning 1.00 ESII1�Property/Mapping) 125,278 permi[fee 125,278 ' CED Development5vs 1.00 1LTBuilding/ComboinspeRor 123,753 permitfee 1I3,753 - CED Development5vs 1.00 SConstruaionlnspeccor 123,753 fee&inrerfundcharge ]23,753 CED Develapment5vs -1.00 eliminateDev5vs0irector (158,155) permittee (158,155) CED varlous 4Upgrade/Redass/Promotlon 36,459 permitfee 36,459 CA Civil 1.00 LegalAssisWnt�a7) � 100,583 Approved 100,583 CS Faalities FxMntMgr�m28) FacMntSupv(a21�� 9,562 Intemal5erviceApproved ICS Fac&PksPlanning 2.00 1LTVk/1LTFacCIPCoord , 751,166 CIPReimbuse 251,166 I Exec Comm CamMgr�m26) Cam5p2(m21) . 12,000 IntemalServlceApproved Exec Comm ComSpl�a12) Com5p2(m21) (18,790�Intemal5erviceApproved Exec Comm 0.13 OfficeAssis[antl 9,933 In[emalServlceApproved - Exec Ertec 0.50 Seaetary2 � SO,A1 Approved 50,791 Exec Exec Mayor pay adj(515,828)i payroll taxes 17,828 17,828 HRRM HR HRManager�m32) (m30) 5,783 5,783 PD Patrol 4.00 Police Officer � 527,151 527,151 - PD Pabol 4.00 PoliceOfficer,Over-Hire - salarysaving - PW TnnsMaint 0.50 CE2 56,616 Energy5aving Adjusted 56,616 PW TnnsPlanning 1.00 A51 106,533 50%CIV Adjusted 52,267 _ PW TnnsPlanning 1.00 CE3 142,665 50%CIP Adjusted 71,333 ' PW Maintenance StreetMaint.Mgr�m30� (m28) 5,486 5,486 PW Maintenance WastewaterMaint.Mgr�m30) (m28� 5,487 45%U[ilities 2,469 Total 18.13 S 1,813,883 5 1,fi58,021 Previouslyadjurted 2.50 303,834 180,215 ThlsAdjus[ment 15.63 $1,510,069 $ 1,477,806 � General Fund Balance �,��' '�� '°°�"��,,, ...�� - �< � � u Geneari 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 5116,962,010 $247,860,979 2015-16 Mid Biennial 8udget Adjustment 3,301,214 1,414,100 4,715,314 Adjusted GF Expenditure&Uses � $134,200,184�$118,376,110� $252,576,294� Net BudQeted Income�Loss) � (3,684,503�� 442,617 � (3,241,886)I IEnding Fund Ba anceCe I 13,880,779 I 14,323,396 14,323,396 I �Fund Balance as%of GF Operating Expenses � 1238%� 12.29%� � 7 AGEND�o/��# General Fund Financial Summary �BattOperatingFipendkwe �OpcatlnaRe�enue •�EMI�FundBabnce Siw.a .__._. ____. ._.__._ ......_. Sim.o ..._ .... _.._ . . ...... _.__. ._._ . .._ 5im.o -- - � Ssm.o � - -- - -..__. ___._- ----- ._- --- Sao.o - -- - - --- - --_ .... Sco.o -_._ -�- --___ Sao.o -� -__ ..... __.__ _... . __ _. . Szo.o --- ----- ..._. ___... .. 5_ . . .. . . .. ..... .. .. ... zou za� zoio zoss xaie zov zme zais zozo Slzo.o� ISummarvl5��Muuo�I I Aaual I Actual I Actual I Prvl�ed I Proi'�e�Red I Proieaed I Prolected I Pro��'ected I Proi�d I BeginningFundBalanre I$ 30.8 $ 35.6 S 17.5 $ 17.6 $ 15.1 S 16.3 $ 10.3 $ 12.6 $ GB OperatingRevenue $ 101.8 S 103.9 $ 106.9 $ 110.7 $ 116.9 $ 119.6 $ 1I2.0 S 122.5 $ 125.0 Base Openting ExDenditure 197.3) 1011 107.6 112.3 116.5) 119.6 123.6 128.3 133.2) �Opentl�SurpluslDefldtl �S 25 5 LB $ L3 $ 1.6 $ 0.3 0.0 L $ 5.8 $ &2 I1%Sources• I 5 6.7 I S S.6I$ 2.8 5 17.7 $ 2.0 $ 0.3 5 0.3 $ 0.3 5 03 1X Uses 14.6) R.61 (4.1) (18.61 (1.9) 10.3) (0.3) (0.31 (03) IN�cru:o�rce:-use: I S *s I S L91 S o.i I S Izql S o.�I S �o.o�l S �Lnl 5 �s.e�l S �az�f t5 �EndingFundBalance �$ 15.6�$ 17.5�$ 17.6�5 15.1�$ 14.3�$ 14.3�$ 12.6�$ 6.8�$ (1.41� Highlight of Non-General Fund Adiustment �.,. ��, 9��.��,�,� . � 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. AGEND�lo/��1�# Total Adjusted Appropriation �All Fund Summary � 2015 � 2016 � Biennial Total All Fund Revenue before Adjustment 291,263,391 243,851,952 535,115,343 2015-16 Mid Biennial Budget Adjustment 9,810,943 14,001,919 23,812,862 �Adlusted 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 2015-16 Mid Biennial Budget Adjustment 15,694,475 12,828,477 28,522,952 �Adjusted Expenditure&Uses � 342,835,655� 255,389,797� 598,225,452 �Net BudReted 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 Process ,:�� R W�� 1 5F' �.Y , , � n aF�.....�..�aa,� !.. .. 8 Gw,.h.nGidm.m;#�..'��, .. . .. .. IOctober 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 I November 2(Committee of the Whole) Council Deliberation Finalize Committee Report I November 2 (Regular Council Meeting) Committee Report Adoption Ordinances First Reading INovember 9 (Regular Council Meeting) Ordinances/Resolution Final Reading/Adoption 9 AGENDA ITEM # 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. 1 2015-2016 Mid-Biennial Budget Amendment Ordinance 1 AGENDA ITEM # ORDINANCE N0. 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 2 2015-2016 Mid-Biennial Budget Amendment Ordinance � ORDINANCE NO. Exhibit A: 2015 Mid-Biennial Budget Adjustment Summary by Fund I BEGINNING FUND BALANCE REVENUES EXPENDITURES ENDING FUND BALANCE Available 2015 Beg 2015 Adj 2015 2015 2015 2015 Ending Fund Reserved/ Fund Fund Fund Bal Changes fund Bal Budgeted Changes Adjusted Budgeted Changes Adjusted Balance Designated 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 COMMUNITYSERVICES 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 STREEfS 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 COMMUNITYDEVEIOPMENTBLOCKGRANT 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 FARMERSMARKET 104,950 - 104,950 59,400 - 59,400 59,453 - 59,453 104,897 (iQ4,897) - 011 FIREANDEMERGENCYSVCHEALTH&WELLNE55 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 2,054,586 130,535,681 130,898,969 3,3D3,214 134,200,383 13,880,779 (179,462) 13,701,317 102 ARTERIAISTREETS 14,885 - 14,885 640,000 - 640,000 640,000 - 640,000 14,885 14,885 108 LEASEDCITYPROPERTIES 121,014 - 121,014 768,957 882,500 1,651,457 663,403 1,097,515 1,760,918 11,553 11,553 110 SPECIALHOTEL•MOTELTAX 219,090 - 219,090 265,000 - 265,000 283,942 - 283,942 200,148 200,148 ', 125 ONEPERCENTFORART 101,380 - 101,380 15,000 - 15,000 102,950 - 102,950 13,430 13,430 ' 127 CABLECOMMUNICA710NSDEVELOPMENT 313,090 - 313,090 97,674 - 97,674 117,674 - 117,674 293,090 Z93,090 I 135 SPRINGBROOKWETLANDSBANK 330,922 - 330,922 - - - • - 330,922 330,922 ' 303 COMMUNI7YSERVICESIMPACTMiTIGATION 1,238,600 - 1,238,600 86,500 - 86,500 - 472,264 472,264 852,836 852,836 , 304 FIREIMPACTMITIGATION 926,488 - 926,488 99,000 - 99,000 250,000 - 250,000 775,488 775,488 �I 305 TRANSPORTATIONIMPACTMITIGATION 844,648 - 844,648 600,000 - 600,000 1,152,335 - 1,152,335 292,313 292,313 I 316 MUNICIPALFACILITIESCIP 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 CAPITALIMPROVEMENT 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 HOUSINGOPPORTUNITY/ECODEVREVOLVING 1,086,766 - 1,086,766 - - - 75,000 • 75,000 1,011,766 (1,000,000) 11,766 336 NEWLIBRARYDEVELOPMENT 15,329,760 - 15,329,760 - - 15,329,760 - 15,329,760 - - 402 AIRPORTOPERATIONS&CIP 806,821 - 806,821 16,596,888 - 16,596,888 16,469,927 - 16,469,927 933,782 (172,053) 761,729 403 SOLIDwASTEUTILIiY 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 17,538,911 21,196,980 594,343 21,791,323 3,851,809 (1,084,194) 2,767,615 SOl EqUIPMENTRENTAL 5,310,319 - 5,310,319 5,901,271 - 5,901,271 7,436,777 - 7,436,777 3,774,813 3,774,813 5021NSUNANCE 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 n 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 m 512 HEALTHCAREINSURANCE 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 LEOFFIRETIREESHEALTHCARE 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 O 611 FIREMENSPENSION 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 12,393,261 205,635,471 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 y 3 � 2015-2016 Mid-Biennial Budget Amendment Ordinance 3 � Exhibit B: 2016 Mid-Biennial Budget Adjustment Summary by Fund � BEGINNING FUND BALANCE REVENUES EXPENDITURES ENDING FUND BALANCE 2016 2016 2016 2016 Available 2016 Beg 2016 Adj. Budgeted Adjusted Budgeted Adjusted Ending Fund Rese rved/ Fund Fund Fund Bal Changes Fund Bal Revenue Changes Revenue Expenditure Changes Expenditure Balance Designated 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 COMMUNIiYSERVICES 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) 30,489,584 10,600,405 (92,045) 10,508,360 1,817,453 1,817,453 004 COMMUNIIYDEVELOPMENTBLOCKGRANT 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 FARMERSMARKET 75,551 29,346 104,897 59,400 - 59,400 63,315 - 63,315 100,982 (100,982) - 011 FIREANDEMERGENCYSVCHEALTH&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 Generel GovernmentalFunds 13,433,567 447,212 13,880,779 116,924,565 1,894,162 118,818,726 116,%2,010 1,414,100 118,376,109 14,323,396 (175,547) 14,147,848 102 ARTERIALSIREETS 15,689 (804) 14,885 650,000 - 650,000 650,000 - 650,000 14,885 14,885 108 LEASEDCITVPROPERTIES 473,815 (462,262) 11,553 768,957 155,133 924,090 671,979 205,184 877,163 58,479 58,479 110 SPECIALHOTEL-MO7ELTAX 155,913 44,235 200,148 265,000 - 265,000 265,000 - 265,000 200,148 200,148 125 ONEPERCENTFORART 4,821 8,609 13,430 15,000 - 15,000 - - - 28,430 28,430 127 CABLECOMMUNICATIONSDEVELOPMENT 285,632 7,458 293,090 97,674 - 97,674 97,674 - 97,674 293,090 293,090 135 SPRINGBROOK WETLANDSBANK 669,613 (338,691) 330,922 - - - - - - 330,922 330,922 303 COMMUNITYSERVICESIMPACTMITIGATION 1,197,118 �344,282) 852,836 86,500 - 86,500 - - 939,336 939,336 304 FIREIMPACT MITIGATION 695,165 80,323 775,488 99,000 - 99,000 250,000 - 250,000 624,488 624,488 305 TRANSPORTATIONIMPACTMITIGATION 769,685 (477,372) 292,313 216,500 216,500 433,000 - - 725,313 725,313 316 MUNICIPALFACILITIESCIP 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 HOUSINGOPPORTUNITV/ECODEVREVOLVING 1,010,599 1,167 1,011,766 - - - - - - 1,011,766 (1,000,000) 11,766 336 NEW LIBRARYOEVELOPMENT 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 SOLIDWASTEUTILITY 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 30,271,085 3,633,259 (1,123,391) 2,509,868 501 EQUIPMENTRENTAL 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 INFORMATIONSERVICES 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 HEALTHCAREINSURANCE 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 LEOFFl 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) - m 611 FIREMENSPENSION 5,165,003 133,504 5,298,507 468,0� - 468,000 200,475 - 200,475 5,566,032 (5,566,032) - Z Total Other Funds 67,372,793 78a,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 Q TOTAL ALL FUNDS 80,806,360 1,231,264 82,037,624 243,851,952 14,001,919 257,853,871 242,561,320 12,828,477 255,389,7% 84,501,698 (41,860,273) 42,641,425 � 2 yeartotal 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 y 4 � 2015-2016 Mid-Biennial Budget Amendment Ordinance q � 2015/2016 Mid-Biennial Budget Amendment Detail M1� FUNO Adopted 2015 Adiustment 2016 Adiustment Amended uENERAI FUND(Fund OXXI Beginning Fund Balance 17,565,282 - - 17,565,282 REVENUES 245,385,659 CW PropertyTax - 260,000 CW Sales Tax(Use,Annexation,and Criminal Jusiice) 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 CellularUtilityTax (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 II 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 Contrect Adjustment - 74,000 PD Add 4.0 Police O�cers - 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 - fE5 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 warrenty work 25,000 - PW Kennydale Traffic Calming 20,000 - I 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 2015-2016 Mid-Biennial BudgetAmendmentOrdinance 5 2015/2016 Mid-Biennial Budget Amendment Detail Q GENDA I TEM� FUND Adopted 2015 Adiustment 2016 Adiustment Amended LEASED FACILITIES FUND(Fund 308) - Adonted 2015 Adiustment 2016 Adiustment 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(Syrs) 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 EXPENDITURES 1,335,382 CS Payment o�InterFund loan from Insurance Fund(5yrs) - 175,000 CS Reallocate existing 200 Mill budget to better reflect current operations - - CS Broker commission for Attorney and Notary Supply lease-200 13,694 - Mill Building CS Broker commission for Crawford and Company lease-Z00 Mill Building 40,000 - CS lones 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 Grece 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&0 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&0 for Crewford&Company lease-200 Mill Bldg - 30,051 CS Adjust for cancellation of Diamond Parking co�tract - (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 lst 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) Adopted 2015 Adjustment 2016 Adlustment Amended Beginning Fund Bala�ce 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 EXPENDITURES 1,652,335 CS Partially fund May Creek Acquisition 319,514 - CS Fietcher 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 2015-2016 Mid-Biennial Budget Amendment Ordinance 6 2015/2016 Mid-Biennial Budget Amendment Detail M3� FUND Adopted 2015 Adiustment 2016 Adiustment Amended iV1UNICIPAL CIP FUND(Fund 316) Adopted 2015 Adiustment 2016 Adiustment Amended Beginning Fund Balance 4,493,986 - 4,493,986 REVENUES 10,649,015 CS REET-Property Acquisition 400,000 - CS Partially fund May Creek Acquisition from 303 Fund 319,514 - CS Tra�sfer 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 Surpius 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 30,649,015 8,622,264 1,041,587 20,312,866 EXPENDITU RES 15,138,585 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 Improvei - (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 B (115,474) - CS Transfer from Parks MM Playgrds,Kiosks&Interpretive Signs to Kenyon-Dobson t - (120,000) CS Transfer from Parks MM Light Systems Upgrades to North Highlands Park Improvf (26,602) - CS Trensfer from Parks MM-Shoreline and Bank Stabilization to Sunset EIS Park Imp - (50,000) CS Trensfer from Parks MM Shoreline and Bank Stabilization to Kenyon-Dobson buila - (62,500) CS Correct Carryforward Budget Adjustment for Trensposition (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 appreisal (3,500) - CS Trensfer 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 Trensfer from Irrigation Renovation and Co�servation to Sunset EIS Park Improvei - 250,000 CS Trensfer 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 Trensfer from Coulon Park Shoreline Erosion to Coulon Park Tennis Courts Refurbi 55,000 - CS Trensfer 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 Paw 139,688 - CS Trensfer from Coulon Park Dolphins/Camel Logs Replacement to Coulon Park Paw (139,688) - CS 7ransfer from Prop 2 Levy Funds to Kenyon-Dobson property appraisal 3,500 - CS Transfer from Park MM Playgrds,Kiosks&Interpretive Signs to Kenyon-Dobson B� 115,474 - CS Transfer from Parks MM Playgrds,Kiosks&Interpretive Signs to Kenyon-Dobson t - 120,000 CS Transfer from Parks MM Shoreline and Bank Stabilization to Kenyon-Dobson builc - 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 Improvf 26,602 - CS Property Acquisition Coulon Park Expansion - _ CS Transfer from Prop 2 Levy Funds to May Valley Meadows property appreisal 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 2015-2016 Mid-Biennial Budget Amendment Ordinance 7 2015/2016 Mid-Biennial Budget Amendment Detail q GENDA I1��14� IFUND Adopted 2015 Adiustment 2016 Adiustment Amended �TRANSPORTATION CIP FUND(Fund 317� Adopted 2015 Adiustment 2016 Adiustment Amended Beginning Fund Balance 4,059,718 - 4,059,718 REVENUES 25,555,614 , PW Business Licenses - 73,000 PW Sunset Lane-Bond Proceeds - 4,850,000 PW S 7th St at Shattuck Ave 5-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 Treil-State WSDOT - 426,000 PW NE Sunset Bivd-STP/CMAQ (656,967) 656,967 PW Main Ave S-TIB 512,375 512,375 PW Carr Rd Improvements-Safety Grent (270,000) - Total Reve�ue Adjustment 25,555,614 (2,342,750) 9,241,465 32,454,329 EXPENDITU RES 29,185,316 PW Walkway Program - 55,000 PW Sunset Lane Construction - 4,850,000 PW 5 7th St at Shattuck Ave 5 (252,865) 252,865 IPW Logan Ave N (1,779,967) 1,299,408 PW NE 31st Bridge Replacement 1,037,300 PW N 27th PI 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) 30,364,168 36,186,527 Ending Fund Balance 430,016 1,020,207 (1,122,703) 327,520 NEW LIBRARY DEVELOPMENT FUND(Fund 336� Adopted 2015 Adiustment 2016 Adiustment Amended Beginning Fund Balance 15,329,760 - 15,329,760 REVENUES - Total Revenue Adjustment - - - - EXPENDITURES 15,329,760 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 ealance - - - - 'AIRPORT FUND(Fund 402/422� Adopted 2015 Adlustment 2016 Adlustment Amended Beginning Fu�d Balance 806,821 - 806,821 REVENUES 20,070,181 Total Revenue Adjustment 20,070,181 - - 20,070,181 EXPENDITURES 20,256,112 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) 19,730,112 Ending Fund Balance 620,890 - 546,000 1,166,890 2015-2016 Mid-Biennial Budget Amendment Ordinance $ 2015/2016 Mid-Biennial Budget Amendment Detail M5� �FUND Adopted 2015 Adiustment 2016 Adiustment Amended WATER UTILITY FUND(Fund 405/425&etc) Adopted 2015 Adiustment 2016 Adiustment Amended Beginning Fund Balance 15,872,094 - 15,872,094 REVENUES 32,581,005 PW Repayment of interfund loan-Principal/Interest - 650,992 Total Revenue Adjustment 32,581,005 - 650,992 33,231,997 EXPENDITURES 38,694,044 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 - 5qg 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 - Total Expenditure Adjustment 38,694,044 2,500,000 14,471 41,208,515 Ending Fund Balance 9,759,055 (2,500,000) 636,521 7,895,576 iNASTEWATER UTILITY FUND(Pund 406/416/426) Adopted 2015 Adiustment 2016 Adiustment Amended Beginning Fund Balance 10,905,399 - 10,905,399 REVENUES 55,035,260 PW Repayment of interfund loan-Principal/Interest - 390,595 Total Revenue Adjustment 55,035,260 - 390,595 55,425,855 EXPEN DITURES 56,124,378 PW Indirect Cost Allocation to Development Svcs - 16,707 PW Interfund Loan 1,500,000 - PW Reclass Waste Water/Spec Ops Mgr m28 to m30 - 1,372 ITotal Expenditure Adjustment 56,124,378 1,500,000 18,079 57,642,457 Ending Fund Balance 9,816,281 (1,500,000) 372,516 8,688,797 SURFACEWATER UTILITY FUND(Fund 407/4271 Adopted 2015 Adiustment 2016 Adiustment Amended Beginning Fund Balance 7,804,221 - 7,804,221 REVENUES 27,103,818 PW Cedar River Grevel Removal(Maint.Dredge)Project - g,zg5 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 27,303,818 594,343 193,286 27,891,447 EXPENDITURES 31,223,623 PW Permit Fees - 25,000 PW Indirect Cost Allocation to Development Svcs - 25,060 PW Reclass Waste Water/Spec Ops Mgr m28 to m30 - 1,097 PW Small Dreinage Projects Program (9p,Z7p) _ PW Wetland Mitigation Bank Project (25,000) - PW Cedar River Gravel Removal(Maint.Dredge)Project - g,zg6 PW Renton Stormwater Manual Update 50,000 - PW Maplewood Creek Basin Storm System Improvements 25,000 - PW NE Sth PI&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 2015-2016 Mid-Biennial Budget Amendment Ordinance g 2015/2016 Mid-Biennial Budget Amendment Detail � M6� 'FUND Adopted 2015 Adiustment 2016 Adiustment Amended INSURANCE FUND(Fund 502) Adopted 2015 Adiustment 2016 Adiustment Amended Beginning Fund Balance 12,069,311 - 12,069,311 REVENUES 9,632,848 CS Payment from Interfund Loan to Leased Properties - 175,000 Total Revenue Adjustment 9,632,848 - 175,000 9,807,848 EXPENDITU RES 7,104,171 CW Leased City Properties interfund loan from Insurance Fund 875,000 - Total Expenditure Adjustment 7,304,171 875,000 - 7,979,171 Ending Fund Balance 14,597,988 (875,000) 175,000 13,897,988 �INFORMATION SERVICES FUND(Fund 503� Adopted 2015 Adiustment 2016 Adiustment Amended Beginning Fund Balance 1,916,048 - 1,916,048 REVENUES 9,379,902 AS Civil Engineer 2-IT(PC,Office Phone) - 4,350 AS LT 8uilding 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 Revenue Adjustment 9,379,902 - 20,600 9,400,502 EXPENDITURES 10,365,603 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,O�ce Phone) - 4,350 Total Expenditure Adjustment 10,365,603 - 37,140 30,402,743 Ending fund Balance 930,347 - (16,540) 913,807 FACILITIES SERVICES FUND(Fund 504� Adopted 2015 Adiustment 2016 Adiustment Amended Beginning Fund Balance 1,154,089 - 1,154,089 REVENUES 9,885,269 CS LT Building Inspector/Combo-Facilities - 11,300 CS Construction Inspector-Facilities - 11,300 Total Revenue Adjustment 9,885,269 - 22,600 9,907,869 EXPENDITURES 10,042,661 CS LT 8uilding 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 30,169,200 Ending Fund Balance 996,697 (94,377) (9,562) 892,758 COMMUNICATIONS FUND(Fund 505� Adopted 2015 Adiustment 2016 Adiustment Amended Beginning Fund Balance 383,969 - 383,969 REVENUES 2,020,170 Total Revenue Adjustment 2,020,170 - - 2,020,170 EXPENDITURES 2,018,168 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 2015-2016 Mid-Biennial Budget Amendment Ordinance 10 AGENDA ITEM # CITY OF RENTON, WASHINGTON 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; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DOES 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. 1 2016 Property Tax Budget Ordinance 11 A GENDA I TEM # ORDINANCE NO. SECTION 111. This ordinance shal► 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 1. Warren, City Attorney Date of Publication: ORD:1886:10/5/15:scr *��` � '�,, -,� ",'r 2 i 2016 Property Tax Budget Ordinance 12 I A GENDA ITEM # , CITY OF RENTON WASHINGTON ' , 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 praperty 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 NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DOES 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. 1 2016 Property Tax Levy Ordinance 13 A GENDA I TEM # ORDINANCE NO. 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) days after publication. PASSED BY THE CITY COUNCIL this day of , 2015. �- Jason 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:1780:10/30/12:scr 2 2016 Property Tax Levy Ordinance 14 AGENDA ITEM # ORDINANCE N0. Exhibit A: � Calculation of Percentage Increase I' 2016 Proposed 2015 Actual Items Levy 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 prioryear refunds/omitts are not included in the "increase" calculation as the amount was part of prior year levy but never collected. ,: � . 3 2016 Property Tax Levy Ordinance 15 - A GENDA I TEM # CITY OF RENTON, WASHINGTON ORDINANCE NO. 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°Yo). 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 1 2016 Property Tax Substantial Need Ordinance 16 AGENDA ITEM # ORDINANCE NO. WHEREAS, the City continues to face costs associated with tabor 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; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DOES 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 (evy 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 �I 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 I11. This ordinance shall be effective upon its passage, approval, and thirty I (30) days after publication. PASSED BY THE CITY COUNCIL this day of , 2015. 2 2016 Property Tax Substantial Need Ordinance 17 AGENDA ITEM # ORDINANCE NO. lason A. Seth, City Clerk I'I APPROVED BY THE MAYOR this day of , 2015. Denis Law, Mayor �' Approved as to form: _ Lawrence J. Warren, City Attorney Date of Publication: ORD:1887:10/5/15:scr 6 3 2016 Property Tax Substantial Need Ordinance 18 AGENDA ITEM # CITY OF RENTON, WASHINGTON RESOLUTION NO. A RESOWTION OF THE CITY OF RENTON, WASHINGTON, AUTHORIZtNG � INTERFUND LOANS TO FUND 316, MUNICIPAL FACILITIES CAPITAL INVESTMENT �I FUND, AND TO FUND 108, LEASED CITY PROPERTIES FUND, FOR PROPERTY j 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; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DOES RESOLVE AS FOLLOWS: SECTION I. The above recitals are found to be true and correct in all respects. 1 Fund 316 and 108 Interfund Loan Resolution lg AGENDA ITEM # RESOLUTION N0. 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 2 Fund 316 and 108 Interfund Loan Resolution 20 Amortization 316 from 405 AGENDA ITEM # Amortization Table RES 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 Wayment f3eginrnng 5cneauied �xtra 7otal Pmt No. Date Balance Payment Paymt 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 - 2,500,000.00 103,968.77 Fund 316 and 108 Interfund Loan Resolution zl Amortization 316 from 406 AGENDA ITEM # Amortization Table RES Loan Info Loan Summary Loan Amount 1,500,000.00 Scheduled Payment 390,59532 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 62,381.26 Payment Beginning Scheduled Extra Total Pmt No. Date Balance Payment Paymt Payment Principal Interest Ending Balance 1 12/1/2016 1,500,000.00 390,59532 - 390,595.32 365,845.32 24,750.00 1,134,154.68 2 12/1/2017 1,134,154.68 390,595.32 - 390,59532 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 384,255.11 390,59532 - 390,595.32 384,255.11 6,340.21 - 1,500,000.00 62,381.26 Fund 316 and 108 Interfund Loan Resolution zz Amortization 108 from 502 AGENDA ITEM # Amortization Table RES Loan Info Loan Summary Loan Amount 875,000.00 Scheduled Payment 175,000.00 Annual Interest rete 0.00% * Number of scheduled payments 5 Term 5 Actual Number of Payments Number of Payments/Yr 1 Total Early Payments - Start date 11/1/2015 Total Interest _ Payment Beginning Scheduled Extra i'otal Pmt No. Date Balance Payment Paymt Payment Principal Interest Ending Balance 1 11/1/2016 875,000.00 175,000.00 - 175,000.00 175,000.00 - 700,000.00 z ii/i/zoi� �oo,000.00 i�s,000.00 - i�s,000.00 i�s,000.00 - 5zs,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 - - 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. Fund 316 and 108 Interfund Loan Resolution 23 r � CL� ��t/ �� -�C:tVlt��" � � � 10/12/2015 � i � i � ♦ , � � i 8 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. 1 � � 10/12/2015 ' Property Tax �a . ��:�= _ � •$tote law dllow5 Cities to �%Chg b—Budget �FActual/Projected increase base property tax levy Zs% 5ano '. by the lower of inflation z"° 53s.o '_ (September IPD)or 1%. �% __ - $360 ' •Should the IPD falis below 1%, 53a.o large cities may levy the full 1% ss% — Sszo if their councils find ihere is a - "substantial need"to do so to lo% -----____._-_._ Ssao preserve city services. 4% 6% Szao -----_. .`�s I 5% �%........... .__�-...._____ •The September IPD published "� "" zsc Sze.o by BEA shows 0.25%year over o� __,_�__�_�_ �_ Sza.o year increase. ' uzo •Based on the current and �5% � Szo.o B o 8 ffi projected funding needs of the Q R R R R R R R R R R City,staff .. . Council to take action to allow the base 2016 property tax increase by 1%. Preliminary 2016 Property Tax Levy . ;��--�.��, _ .� .� , � 2015 Base Levy $35 761 730 1% Increase , 357,617 2016 Base Levy $36,119,347 % Change from 2015 Base levy 1.00% 2016 Base Levy $36,119,347 New Construction 397,414* Annexacfion 1,322 2013 Correction, Final Installment 619,061 ReLevy Prior Year Refunds 76,928* 2016 Total Levy $37 214 072 2015 Actual Levy $36,477,527 2016 Total Exclude"*" Items/2015 Acrual 0.72% `Per RCW 84.55.120 these items are exduded from the%increase calcuation. 2 � � 10/12/2015 Sales Tax v .. . �.� •2015 colledion is expeded to be 7.5%above 2014 and ��Change YOY -�Budget tActual/Projected 4%above budget. . 20% -.1£;L I $30 •Construdion sector grew by 15% 27%,followed by auto sales 10�, 9i 89_ 1oi 8% SZs and service sectors at 10% 4% 5�p each. General retail and 5% 4% 3� - wholesale combined grew by 0% — -� � 515 6%from last yeac These � -1� � growth are offset by 5� -4� � Si0 decrease in manufacturing -io� i and mixellaneous sales. -15% f 5s -13% •2016 projection is revised zo°5 $o upward based on the higher �'. 06 07 08 09 10 11 12 13 la 15 16 2015 estimates plus an overall 4%growth from 2015 level. Composition of Sales Tax Pre-Recession 2015 Comoosition Conshvdion Manu. �S��O� Services Services 13°!0 ZO% 14% 4% 22°l0 Manw ; Misc ��1�;�.. 3°/a Misc . 2% . v�'��:�e,�' ... z�`#r z.'. A�to Retoil( Auto Retail/ 23% Wholesale ��% Wholesale 36% 36% 3 ' , 10/12/2015 ' ' Utility Taxes � � �� _ Utility taxes are expected to , --- - — - , � underperform original budget by ' �%Change -a-Budget -l-Actual/Projected ', ��.. 3%in 2015 and 4%in 2016. ',Zpqb -__--_- __ �q __-_-- 51�' Downward adjustments are made i ...��-""'i $552k in 2015 and 702k in 2016. is9c - ------ -- P"�1.�.�-- 516''' iz% I iovs Sis, Redudions are in eledric and i� - a5; --- --— i natural gas utility taxes by$650k/ ' bi 6% $14' year due to much milder winters in 5% --- - _ z% - Sis. recent years,and in cellular utility pyb tax due to the service providers �% � � '� —. SlZ' �... separating data charges from z% _-3sr.-- __ voice which allows them to reduce I -5% r 511' 5% taxable revenues. ' '--1ovc ---- __— 510 '�. `S o o �' o "' � "' � These reductions are partially N o 0 o N o 0 0 0 0 0 offset by increases in city -- ' operated utilities and franchise garbage utility taxes. Development Fees . a:� •YTD development service __ _ _ _ ____ _ fees have exceeded budget �gbchg -�ir-Budget �-Actual/Projected projection by 20%and the � $7 0 aor _ __. ._. _ same period last year by 22%. �% nvc zz^c I - ---- zz% - 5s.a •We expect development mn -- 18% w% 1fi6- service fees to exceed budget I lo% -a% _- s� ^ Ss.o � ��+-; bY$825k in 2015 and$480k ' � --- -li'�� o ', in 2016. - � .iaw — - - . � -- 53.a i �The increased level of � -z� -- - - -- - __. development activities also 3�, zi% Sz.o — — -- - -_ - required staffing adjustment. Si.o aax -- ---- 7he department is proposing To ' -aoyy add overall 4 FTEs and 50% — 5°.0 `B ^o � � upgrade�redass 4 positions. � � o rv r o 0 0 � ry 4 � ' 10/12/2015 Real Estate Excise Tax �REET) �' o �� q _ ■YTD REET collection is I ' i �%Chg --ffi�Budget fAc[ual/Projected ��. approximately the same as last i year and 10°/a above budget. i �� — . --— — �.s � � si% ! eo% - ------- _ _ ._-- �.o i ■We anticipate REET collection ' Sss � to end the year$400k above fi°% � — ! � 3% 43% � $5.0 i budget in 2015. i �% _-�,,,, __ _ _- -- ____.. ' Sos ■REET is restricted for capital � Z°% ° � 5°.0 � 1 z% . 3� � � purposes and is currently used � � s Sas � to fund General Governmental ' � � , 53.0 _ . . � .. Capital and Debt Service. , z� .-Z4 z3v Szs � ', dow -__ _ __ _ _ _ Sz.o 45% I b096 ... .-- . .___.. _.-____—_____ ____._._...__.__. $1.5 }Z Qi Qi R. � �i �i Ri Qi r . ._ I State Shared Revenues � �� ■After the state reduced vafiou5 Sllared revenue �%Change —M�—Budget tActual/Projected distributions over the past 3 , �% _ 5a.o _ ------._ _ —_------ years,the revenue is expected , ZQ% to improve in the second half of ssx - ---- 53s 2015. m% __ ---- - 53.0 �- •In the 2015-17 budget,the ss% lo% . lly. �s state restored the 50%liquor , lo% �� sr s� 9"° u.o excise tax($220k a year); 5% � ��-' � � _ $1s added a minor distribution in pyb marijuana retail taxes;and a °M - � � si.o slight increase in fuel tax 5% - 1% 50,5 distribution($150k in 2016). �,. -iors . _ .s%... .._.._........------� So.o •The budget adjustment will Q o � o n r „ o � � r 0 also true-up miscellaneous public safety rants/distributions. 5 , 10/12/2015 � Summary of GF Revenue Adjustment � i Generel Fund Revenue Adjustme�t 2015 2016 Property Tax $ - S Z6p Sal es Tax 1,140 1,060 UtiityTax (552) (702) GamblingTax �� REET qpp REETTrensfertoClP �� (qpp) State Shared Revenue 250 620 Misecllaneous Grents _, i2Z Permitfee gz5 qgp 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 Adjustment �'''Cseneral Pund Expenditure AdJustment 2015 2016 �"� Summary of Position Adjustments $ (102) $ 1,478 Office Equipment for4 New CED positions - 43 SCOREContractAdjustment - 203 Valley Comm Contract Adjustment � - 7q Eliminate Seizure Fund Expenditure(and Revenue) (131) (131) RRfA Communication ,� SO - GrantFunded Expense 97 _ Extend Contract Arborist for additional year •�; - 6p Compensation for 2013 LED Project warranty work 25 - KennydaleTrafficCalming �' Zp _ Truck Mounted Arrow Board and Speed Radar 14 20 School Fiashing Beacons(2 new schools&Upgrede Existing; 58 40 Electricity savings from LED Street Lights (130) (160) Healthcare Insurance Premium - (255) Transfer to CIP-Property Acquisition 3,400 42 Total AdjustmeM(S in thousands} $ ;3p1 $ �,41q , 6 � 10/12/2015 Staffing Change Dept Div FTE Proposed Previous 2016 FundinFsource status GFAdjuztment ASD iin FinSvsManager�m30) (m26) �5 16,540 $ 16,590 ASD IT GISManager(m30) (m26� � 16,540 InternalService CEO CurrentPlanning 0.50 SeniorPlanner 68,798 permitfee 68,798 CED CurrentPlanning 0.50 AdminSec 38,3% permitfee 36,396 CED Current Vlanning 1.00 CE II(VW Plan Review) 137,727 permit fee 137,727 CED CurrentPlanning 1.00 ESIII(Property/Mapping) 115,278 permitfee 115,278 CED Development5vs 1.00 1LTBuilding/Comboinspector 123,753 permittee 123,753 CED Development Svs 1.00 1Construction Inspec[or 123,753 fee&interfund charge 123,753 CED Development5vs -1.00 eliminateDevSvsDirec[or (158,155) permitfee (158,155) CED s 4Upgrade/Redan/Promotion 3b,459 permitfee 36,459 CA Civilu 1.00 LegalAssistant(a7) � 104,583 Approved 304,583 CS Pacilities FacMntMgr(m28) FacMntSupv�a21�� 9,562 Intemal5erviceApprwed CS Fac&PksPlannin@ 2.00 1LTPk/ILTFacCIPCoord � 251,166 CIPReimbuse 251,166 Exec Comm Com Mgr(m26) Com Sp 2(m21� � 12,000 Intemal Servim Apprwed Exec Comm ComSpl�a12) ComSp2�m21) � (16,790)Internal5ernceApproved Exec Comm 0.13 Oftice Azsistant 1 � 9,933 Intemal Service Approved Ezec E�cec 0.50 Seuetary2 � 50,791 Approved 50,791 Exec Fxec Mayorpayadj�515,828J+payrolltazes 17,828 17,626 HRRM HR HRManager�m32) (m30) 5,783 5,783 PD Patrol 4.00 PoliceOfficer � 527,151 527,151 PD Patrol 4.0o Police Officer,Over-Hire - salary saving - PW TransMaint 0.50 CE2 56,616 EnergySaving Adjusted 56,616 PW TransFlanning 1.00 A51 304,533 50%CIP Adjusted 52,267 PW TransPlanning 1.00 CE3 142,66 5096CIP Adjusted 71,333 PW Maintenance StreetMaint.Mgr�m30) (m28� 5,486 5,486 PW Maintenance WastewaterMaint.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 ThisAdlustment 15.63 $1,510.069 S 1.477.806 General Fund Balance , . � � .y�� ,,.. � : � Genearl Fund Summar 2015 2016 Biennial Total General Fund Revenue before Adjustment ; $128,461,095 ; $116,924,565 $245,385,660 2015-16 Mid Biennial Bud et Ad�ustment � 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 2015-16 Mid Biennial Bud etAd�ustment 3,301,214 � 1,414,100 4,715,314 Adjusted GF Expenditure&Uses ' S 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 i 14,323,396 I 14 323,396 Fund Balance as%of GF Operetin�Expenses : 1238%: 12.29%� 7 10/12/2015 General Fund Financial Summary _ _ _ _ - -_ _ �BaseOperatin'E.rpenEture �OpratlngXevenue tEnEngFundBalance $1W0 . ..... _... ..... ...._. .._. ... __. ..... . ._. . ..... $1A00 $120.0 $SOOA $80.0 . $600 $40.0 , $20.0 5. . ....... . .. . . ..._... ' 2012 I013 2014 2015 2016 2017 2018 2019 2020 $�20.0� ISummaryl5��.+ii o�� I Actual I Actwl I Actual I Pro ecced I Pr iec[ed I Pro ected I P iected I Pro eRed I Pro ec[ed BeginningFundBalance S ��8 $ 15.6 $ 17.5 5 17.6 S 35.1 S 14.3 S 143 $ 12.6 S 6.8 Operating Revenue $ 101.8 $ 303.9 $ 108.9 5 130.7 I$ 116.9 $ 119.6 $ 122.0 $ 122.5 I 5 125.0 BaseOperatingEzpenditure �99.3) �101.1) �107.6) �112.3) (116.5) (319.6� �123.6) 1128.3) (133.2) �OperatlnRSurplus(DeBdt) �S 15�5 2.8�5 L3�5 IL61�S 03�S (0.01�S (L71�S (5.61�5 (8.2) I1%Sources' I$ 6.7 I$ 1.6 I$ 2.8 I$ 17.7 I$ 2.0 I$ 0.3 I$ 0.3 I$ 0.3 I$ 0.3 1XUses (46) (2.6� (4.11 (18.61 (1.91 (0.3� �0.3) (0.3� �0.31 �NetResources-Uses �$ 4.5�S 1.9�S 0.1�S 12.41�S 0.4�S (0.0)�$ (1.71�S I5.81�S (8•21� �5 �Endinq Fund Balance �5 15.6�$ 17.5�$ 17.6�$ 15.1�$ 14.3�$ 14.3�$ 12.6�$ 6.8�5 (1.41� Highlight of Non-General Fund Adjustment � .d� �� ,_ �� ,��:�� w ��a�� ;��, , 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. � 10/12/2015 Tota) Adjusted Appropriation � _ � All Fund Summary ��°'�' ''��' 2015 � 2016 � Bienniai Totai � All Fund Revenue before Adjustment 291,263,391 243,851,952 535,115,343 2015-16 Mid Biennial BudgetAdjustment 9,810,943 �� 14,001,919 23,812,862 Adjusted Revenue Sources ' 301,074,334� 257,853,871 � 558,928,205 _.__. _. All Fund Expenditure and Uses ' 327,141,179 242,561,320 I 569,702,499 2015-16 Mid Biennial Budget Adjustment '� 15,694,475 12,828,477 28,522,952 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 I 82,037,624 123,798,945 Ending Fund Balance 82,037,624 84,501,698 I 84,501,698 Mid-Biennium Review Process �� . 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 eudget 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 9 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. 1 2015-2016 Mid-Biennial Budget Amendment Ordinance 1 ORDINANCE NO. 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. , .:,4� `,;. Denis Law, Mayor Approved as to form: � ; Lawrence J. Warren, City Attorney Date of Publication: ORD:1889:10/5/15:scr 2 2015-2016 Mid-Biennial Budget Amendment Ordinance Z ORDINANCE NO. Exhibit A: 2015 Mid-Biennia) Budget Adjustment Summary by Fund � BEGINNING FUND BALANCE REVENUES EXPENDITURES ENDINGfUND BALANCE I Available 2015 Beg 2015 Ad: 2015 2015 2015 201� Ending Fund Rese rved/ Fund Fund Fund Bal Changes Fund Bal Budgeted Changes Adjusted Budgeted Changes Adjusted Balance Designated Balance 000 GENERAI 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 COMMUNITYSERVICES 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 STREEfS 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 COMMUNITYDEVELOPMENTBLOCKGRANT 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 FIREAND EMERGENCYSVC HEALTH&WEILNESS 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 2,054,586 130,535,681 130,898,%9 3,301,214 134,200,183 13,880,779 (179,462) 13,701,317 102 ARTERIAL STREEfS 14,885 - 14,885 640,0� - 640,000 640,000 - 640,000 14,885 ' 14,885 108 LEASEDCI7YPROPERTIES 121,014 - 121,014 768,957 882,500 1,651,457 663,403 1,097,515 1,760,918 11,553 11,553 110 SPEqAIHOTEI-MOTE�TNc 219,090 - 219,090 265,000 - 265,000 283,942 - 283,942 200,148 � 200,148 125 ONEPERCENTFORART 101,380 - 101,380 15,000 - 15,000 102,950 - 102,950 13,430 13,430 127 CABLECOMMUNICATIONSDEVEIOPMENT 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 COMMUNI7YSERVICESIMPACTMITIGATION 1,238,600 - 1,238,600 86,500 - 86,500 - 472,264 472,264 852,836 � 852,836 304 FIREIMPACTMITIGATION 926,488 - 926,488 99,000 - 99,000 250,000 - 250,000 775,488 775,488 305 TRANSPORTATIONIMPACTMITIGATION 844,648 - 844,648 600,000 - 600,000 1,152,335 - 1,152,335 292,313 292,313 I 316 MUNICIPALFACILITIESCIP 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 CAPITALIMPROVEMENT 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 HOUSINGOPPORTUNITY/ECODEVREVOLVING 1,086,766 - 1,086,766 - - 75,000 - 75,000 1,011,766 (1,000,000) 11,766 336 NEWLIBRARYDEVE�OPMENT 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 SOIIDWASTEUTIIITY 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 (3,230,093) 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 EqUIPMENTRENTAL 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 INFORMATIONSERVICES 1,916,048 - 1,916,048 4,677,631 - 4,677,631 5,653,265 - 5,653,265 940,414 940,414 504 FAqLITIES 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 HEALTHCAREINSURANCE 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 LEOFFIRETIREESHEALTHCARE 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 FIREMENSPENSION 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 7,756,357 170,558,653 196,242,230 12,393,261 208,635,471 68,156,845 �31,545,009) 36,611,836 TOTALALLfUNDS 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 3 2015-2016 Mid-Biennial Budget Amendment Ordinance 3 L Exhibit B: 2016 Mid-Biennial Budget Adjustment Summary by Fund ' II BEGINNING FUND BALANCE REVENUES EXPENDITURES ENDING FUND BALANCE I 2016 2016 2016 201E Available 2016 Beg 2016 Adj. 8udgeted Adjusted Budgeted Adjusted Ending Fund Reserved/ Fund Fund Fund Bal Changes Fund Bal Revenue Changes Revenue Expenditure Changes Expenditure Balance Designated 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 COMMUNITYSERVICES 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 S7REET5 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 COMMUNITYDEVELOPMENTBLOCKGRANT 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 MARKEf 75,551 29,346 104,897 59,400 59,400 63,315 - 63,315 100,982 (100,982) O11 F�REANDEMERGENCYSVC 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,ll5 TotalGeneral GovernmentaiFunds 13,433,567 447,212 13,880,779 116,924,565 1,894,162 118,818,726 316,962,010 1,414,300 118,376,109 14,323,396 (175,547) 14,147,848 102 ARTERIALSTREEiS 15,689 (804) 14,885 650,000 - 650,000 650,000 - 650,000 14,885 14,885 108 LEASED CITYPROPERTIES 473,815 (462,262) 11,553 768,957 155,133 924,090 671,979 205,184 877,163 58,479 58,479 110 SPECIALHOTEL-MOTELTAX � 155,913 44,235 200,148 265,000 - 265,000 265,000 - 265,000 200,148 200,148 125 ONEPERCENTFOR 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 - 97,674 293,090 293,0� 135 SPRINGBROOK WETLANDSBANK 669,613 (338,691) 330,922 - - - - - 330,922 330,922 303 COMMUNITYSERVICESIMPACTMITIGATION 1,197,118 (344,282) 852,836 86,500 - 86,500 - - - 939,336 ��; 939,336 304 FIREIMPACT MITIGATION 695,165 80,323 775,488 99,000 - 99,000 250,000 - 250,000 624,488 624,488 305 TRANSPORTATIONIMPACTMITIGATION 769,685 (477,372) 292,313 216,500 216,500 433,000 - - - 725,313 � 725,313 316 MUNICIPALFACILITIESCIP 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 CAPITALIMPROVEMENT 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 HOUSINGOPPORTUNIN/ECODEVREVOLVING 1,010,599 1,167 1,011,766 - - - - - 1,011,766 (1,000,000) 11,766 336 NEW LIBRARYDEVELOPMENT 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 SOLIDwASTEUTILIIY 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 EQUIPMENTRENTAL 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 WFORMATIONSERVICES 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 FACIUTIES ''� 710,924 187,397 898,321 4,930,944 22,600 4,953,544 4,926,946 32,162 4,959,108 842,758' 892,758 505 COMMUNICATI0N5 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 HEALTHCAREINSURANCE 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 LEOFFIRETIREESHEALTHCARE 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 FIREMENSPENSION 5,165,003 133,504 5,298,507 468,000 - 465,000 200,475 - 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 4 2015-2016 Mid-Biennial Budget Amendment Ordinance 4 2015/2016 Mid-Biennial Budget Amendment Detail 1/6 •. FUNU Adopted 2015 Adiustment 2016 Adiustment Amended GENERAL FUND(Fund OXXI 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 Inspec[ion Positions �' - 55,689 �: FES Reimbursement of state wildfire mobilization 20,286 - fE5 Reimbursement for personnel cost to condud DUI drilL FD#25 '-� 4,090 - �, fES 2015 EMPG Grant 72,903 - CS Add 2A 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 _ 1��g2g 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 It25 -• � 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 3 - 2,469 PW Reclass Street Maint Mgr m28 to m30 - 5,486 CW Healthcare Insurance Premium � "" rt - (254,800) CW Transfer for Property Acquisition/Interfund Loan 3,400,000 41,587 7otal Expenditure Adjustment 247,860 979 3,301,214 1 414,100 252 576,293 I Ending Fund Balance 15,089,962 (1,246,628) 480,062 14,323,396 I 2015-2016 Mid-Biennial Budget Amendment Ordinance 5 • 2015/2016 Mid-Biennial Budget Amendment Detail 2/6 FUND Adopted 2015 Adjustment 2016 Adjustment Amended LEASED FACILITIES FUND(Fund 1081 Adoqted 2015 Adiustment 2016 Adiustment 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(Syrs� 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 EXPENOITURES 1,335,382 CS Payment on Interfund loan from insurance Fund(Syrs) - 175,000 CS Reallocate existing 200 Mill budget to better reflect current operations - - CS eroker commission for Attorney and Notary Supply lease-200 13,694 - Mill Building CS Broker commission for Crawford and Company lease-200 Mill Building 40,000 - CS lones 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 fioor lease ��. 25,000 �' - �.; CS Kidder Mathews commission on Iron Mountain lease renewal 21,312 - CS Kidder Mathews commission on KCSARC lease renewai 13,553 - � CS Additional M&O for AG 3rd floor lease-200 Mill Bldg - 41,965 CS Additional M&O for Attorney&Notary Suppiy lease-200 Mill - 14,268 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 lst floor-200 Mill 206,902 - Total Expenditure Adjustment 1,335,:382 1 097,515 205184 2 638,082 Ending Fund Balance 323,546 (215,015) (50,051) 58,479 IMPACT MITIGATION FUNDS(Fund 303,304,305) Adopted 2015 Adlustment 2016 Adiustment Amended 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 TotalRevenueAdjustment 1,187,500 - 216,500 1,404,000 EXPENDITURES 1,652,335 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 2015-2016 Mid-Biennial Budget Amendment Ordinance 6 2015/2016 Mid-Biennial Budget Amendment Detail 3/6 • FUND Adopted 2015 Adiustment 2016 Adiustment Amended MUNICIPAL CIP fUND(fund 316) Adooted 2015 Adiustment 2016 Adiustment Amended Beginning Fund Balance 4,493,986 - 4,493,986 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 appreisal 2,750 - s 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(librery Construction Fund) 500,000 - Total Revenue Adjustment 10 649,015 8,622 264 1,041,587 20,312,866 EXPENDITURES 15,138,585 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 (650,000j - 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 Improvei - (250,000) CS Transfer from Sport Court Repairs to North Highlands Park Improvements (110,000) - r� 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 B (115,474j - ,� CS Transfer from Parks MM Playgrds,Kiosks&Interpretive Signs to Kenyon-Dobson t - (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 builc - (62,500) CS Correct Carryforward Budget Adjustment for T� �.. � . . (360) - CS Partially fund May Creek Acquisition from Prop 2 Levy Funds � (300,486) 4� - �•, 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 appreisal °� (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 Improvei - 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 Refurb 55,000 - CS Transfer from Coulon Park Shoreline Erosion to Coulon Park Tennis Courts Refurbl (55,000) � - �: CS Transfer from Coulon Park Dolphins/Camel Logs Replacement to Coulon Park Pav� 139,688 - CS Transfer from Coulon Park Dolphins/Camel Logs Replacement to Coulon Park Pav� (139,688) - CS Transfer from Prop 2 Levy Funds to Kenyon-Dobson proper[y appraisal 3,500 - CS Transfer from Park MM Playgrds,Kiosks&Interpretive Signs to Kenyon-Dobson B 115,474 - �; CS Transfer from Parks MM Playgrds,Kiosks&Interpretive Signs to Kenyon-Dobson t - 120,000 CS Transfer from Parks MM Shoreline and Bank Stabilization to Kenyon-Dobson builc - 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 2015 2016 Mid-Biennial Budget Amendment Ordinance 7 � 2015/2016 Mid-Biennial Budget Amendment Detail 4/6 FUND Adopted 2015 Adjustment 2016 Adiustment Amended TRANSPORTATION CIP FUND(Fund 317) Adopted 2015 Adiustment 2016 Adiustment Amended Beginning Fund Balance 4,059,718 - 4,059,718 REVENUES 25,555,614 PW Business Licenses - 73,000 �, PW Sunset Lane-Bond Proceeds - 4,850,000 PW S 7th St at Shattuck Ave 5-Fed STP/CMAQ (86,250) 86,250 �' PW 5 7th St at Shattuck Ave 5-TIB (96,176) 96,176 PW Logan Ave N-Fed STP ��,��j (498,000) 498,000 � PW Logan Ave N-TIB (1,318,509) 782,448 PW logan Ave N-Boeing and Integra Telephone ;��i 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 EXPENDITURES 29,185,316 PW Walkway Program - 55,000 PW Sunset Lane Construction - 4,850,000 PW 5 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 PI Culvert Repair - 355,220 PW Lake Washington Loop Trail - 426,000 � PW NE Sunset Bivd (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 3361 Adopted 2015 Adiustment 2016 Adiustment Amended Beginning Fund Balance 15,329,760 - 15,329,760 REVENUES - Total Revenue Adjustment - - - - ., „ , , . ,,, , EXPENDITURES 15,329,760 CS Transfer Surplus to 316 500,000 - CS Cedar River Library (100,000) - CS Non-Project specific (400,000) - TotalExpenditureAdjustment 15,329,760 - - 15„329,760 Ending Fund Balance - - - - AIRPORT FUND(Fund 402/422) Adopted 2015 Adiustment 2016 Adiustment Amended Beginning Fund Balance 806,821 - 806,821 REVENUES 20,070,181 Total Revenue Adjustment 20,,070,181 - - 20,070,,181 EXPENDITURES 20,256,112 PW Airport Office Renovation CIP ,,�;,,�,�,Y,;�r,;� �;k.,�„-; - 504,000 � PW Surface Water System Rehab (150,000) (900,000) PW fire Water System I50,000 - PW Airport Seaplane Launch Ramp Replacement - (150,000) Total Expenditure Adjustment 20,256,112 - (546,000) 19,730,112 Ending Fund Balance 620,890 - 546,000 1,166,890 2015-2016 Mid-Biennial Budget Amendment Ordinance 8 r - - � 2015/2016 Mid-Biennial Budget Amendment Detail 5/6 • FUND Adopted 2015 Adiustment 2016 Adiustment Amended WATER UTILITY FUND(Fund 405/425&etc) Adoqted 2015 Adiustment 2016 Adiustment Amended Beginning Fund Balance 15,872,094 - 15,872,094 REVENUES 32,581,005 = PW Repayment of interfund loan-Principal/Interest - 650,992 - . ,. ,. .. � � Total Revenue Adjustment 32,581,,005 650„992 33,,231„99 ., EXPEN DITU RES 38,694,044 PW Indirect Cost Ailocation 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 - TotalExpenditureAdjustment 38,694,044 2,500,000 14471 41208,515 Ending Fund Balance 9,759,055 (2,500,000) 636,521 7,895,576 WASTEWATER UTILITY FUND(Fund 406/416/426) Adopted 2015 Adiustment 2016 Adiustment Amended Beginning Fund Balance 30,905,399 - 10,905,399 REVENUES 55,035,260 PW Repayment of interfund loan-Principal/interest - 390,595 Totat Revenue Adjustment 55,,035,260 - 390,595 55„425,855 EXPENDITURES 56,124,378 PW Indirect Cost Ailocation to Development Svcs - 16,707 PW Interfund Loan 1,500,000 - PW Reclass Waste Water/Spec Ops Mgr m28 to m30 - 1,372 7otal Fxpenditure Adjustment 56,124,378 1,500,000 18 079 57,642,457 EndingFundBalance ..� 9,g16,281 (1,500,000� 372,516 8,688,797 SURFACEWATER UTILITY FUND(Fund 407/427) Adopted 2015 Adiustment 2016 Adiustment Amended Beginning Fund Balance 7,804,221 - 7,804,221 REVENUES 27,103,818 PW Cedar River Gravel Removal(Maint.Dredge)Project - 8,286 PW Re .. _.. , .. 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 EXPENDITURES 31,223,623 PW Permit fees � � - 25,000 � PW Indirect Cost Ailocation to Development Svcs - 25,060 PW Reclass Waste Water/Spec Ops Mgr m28 to m30 ��; - 1,097 � 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 Sth PI&Edmonds Ave NE Storm System Improvement Project (90,000) � - w'� 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 31,2?.3 623 594,343 244,443 32 062,409 Ending fund Balance 3,684,416 - (51,157) 3,633,259 2015-2016 Mid-Biennial Budget Amendment Ordinance 9 • 2015/2016 Mid-Biennial Budget Amendment Detail 6/6 FUND Adopted 2015 Adiustment 2016 Adiustment Amended INSURANCE FUND(Fund 502) Adoqted 2015 Adiustment 2016 Adiustment Amended Beginning fund Balance 12,069,311 - 12,069,311 REVENUES 9,632,848 CS Payment from Interfund Loan to Leased Properties - 175,000 Total Revenue Adjustment 9,632,848 - 175,,000 9,,807,848 EXPENDITURES 7,104,171 CW Leased City Properties interfund loan from Insurance Fund 875,000 - Total Expenditure Adiustment 7,104„171 f{75,000 - 7 979,371 Ending Fund Balance 14,597,988 (875,000� 175,000 13,897,988 INFORMATION SERVICES FUND(fund 503) Adopted 2015 Adiustment 2016 Adiustment Amended Beginning Fund Balance 1,916,048 - 1,916,048 REVENUES 9,379,902 AS Civil Engineer 2-IT(PC,Office Pho�e) - 4,350 AS LT Building Inspector/Combo-IT(PC,Office Phone,Laptop,Cell Phone) - 5,950 AS Construction Inspector-IT(PC,Office Phone,laptop,Ceii Phone) - �' S,950 AS Engineering Specialist 3-IT(PC,Office Phone) - 4,350 Total Revenue Adjustment 9,379,,902 - 20,600 9,400,502 EXPENDITURES 10,365,603 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,Celi Phone) - 5,950 �� AS Construction Inspector-IT(PC,Office Phone,Laptop,Cell Phone) - 5,950 AS Engineering Speciafist 3-IT(PC,Office Phone) - 4,350 Total Expenditure Adjustment 30,365,603 - 37,140 10,402 743 Ending Pund Balance �930,347 - (16,540) 913,807 FACILITIES SERVICES FUND(Fund 5041 Adopted 2015 Adiustment 2016 Adiustment Amended Beginning Fund Balance 1,154,089 - 1,154,089 REVENUES 9,885,269 CS LT euilding Inspector/Combo-Facilities - 11,300 I CS Construction Inspector-Facilities - 11,300 Total Revenue Adjustment 9,885,269 - 22,600 9„907,569 EXPENOITURES 10,042,661 CS LT Building Inspector/Combo-Facilities - 11,300 CS Construction Inspector-Facilities - 11,300 CS Reclass Facility Supervisor to Facility Manager(Approved 8/30/15) ,� 4,377 9,562 R�' CS City Hall front door ... , ., . , 90,000 - CS City Hall Major Mainienance 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) Adoated 2015 Adiustment 2016 Adiustment Amended Beginning Fund Balance 383,969 - 383,969 REVENUES 2,020,170 Total Revenue Adjustment 2,020,170 - - 2 020 170 EXPENDITURES 2,018,168 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 Adiustment 2,018,168 815 3,143 2,022,126 Ending Fund Balance 385,971 (815� (3,143) 382,013 2015-2016 Mid-Biennial Budget Amendment Ordinance 10 CITY OF RENTON, WASHINGTON 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; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DOES 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. 1 2016 Property Tax Budget Ordinance 11 ORDINANCE NO. 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: ��'. K, Lawrence J. Warren, City Attorney Date of Publication: ORD:1886:10/5/15:scr _�, 2 2016 Property Tax Budget Ordinance lz CITY OF RENTON, WASHINGTON 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 NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DOES 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. 1 2016 Property Tax Levy Ordinance 13 ORDINANCE NO. � � 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) days after publication. PASSED BY THE CITY COUNCIL this day of , 2015. � Y � � Jason Seth, City Clerk APPROVED BY THE MAYOR this _day of , 2015. N� ,,. �f, `� Denis Law, Mayor Approved as to form: � Lawrence J. Warren, City Attorney Date of Publication: ORD:1780:10/30/12:scr 2 2016 Property Tax Levy Ordinance 14 ORDINANCE NO. Exhibit A: Calculation of Percentage Increase 2016 Proposed 2015 Actual Items Levy 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. ;: , _, ... 3 2016 Property Tax Levy Ordinance 15 �I �_ CITY OF RENTON, WASHINGTON ORDINANCE NO. 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 1 2016 Property Tax Substantial Need Ordinance 16 ORDINANCE N0. 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; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DOES 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. I PASSED BY THE CITY COUNGL this day of , 2015. , 2 2016 Property Tax Substantial Need Ordinance 17 ORDINANCE NO. lason A. Seth, City Clerk APPROVED BY THE MAYOR this day of , 2015. Denis Law, Mayor Approved as to form: '`� , ; w, r a,,. :.^:.�_:t� ..;> Lawrence J. Warren, City Attorney �' Date of Publication: ORD:1887:10/5/15:scr ��,', i 3 2016 Property Tax Substantial Need Ordinance 18 CITY OF RENTON, WASHINGTON RESOLUTION NO. A RESOLUTION OF THE CITY OF RENTON, WASHINGTON, AUTHORIZING INTERFUND LOANS TO FUND 316, MUNICIPAL FACILITIES CAPITAL INVESTMENT I� FUND, AND TO FUND 108, LEASED CITY PROPERTIES FUND, FOR PROPERTY ACQUISITION AND IMPROVEMENT PURPOSES. I 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 I! reserve funds is available on a temporary basis; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DOES RESOLVE AS FOLLOWS: II! SECTION I. The above recitals are found to be true and correct in all respects. I'i 1 Fund 316 and 108 Interfund Loan Resolution 19 RESOLUTION N0. 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 2 Fund 316 and 108 Interfund Loan Resolution 20 Amortization 316 from 405 � Amortization Table RES 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 Actuai Number of Payments Number of Payments/Yr 1 Total Early Payments - Start date 12/1/2015 Total�nterest 103,968.77 Payment Beginning Scheduled Eutra Total Pmt No. Date Balance Payment Paymt 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 - 2,500,000.00 103,968.7 7 Fund 316 and 108 Interfund Loan Resolution zl Amortization 316 from 406 Amortization Table RES Loan Info Loan Summary Loan Amount 1,500,000.00 Scheduled Payment 390,595.32 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 , 62,381.26 Payment Beginning Scheduled Extra Total Pmt No. Date Balance Payment Paymt Payment Principal Interest Ending Balance 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 - 1,500,000.00 62,381.26 Fund 316 and 108 Interfund Loan Resolution ZZ Amortization 108 from 502 Amortization Table RES Loan Info Loan Summary Loan Amount 875,000.00 Scheduled Payment 175,000.00 Annual Interest rate 0.00% * Number of scheduled payments 5 Term 5 Actual Number of Payments Number of Payments/Yr 1 Total Early Payments - Start date 11/1/2015 Total Interest - Payment Beginning 5cheduled Extra �Total Pmt No. Date Balance Payment Paymt Payment Principal Interest Ending Balance 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 - - 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. Fund 316 and 108 Interfund Loan Resolution 23 _ .