HomeMy WebLinkAbout06-01-2021 2021-2022 Biennial Budget AmendmentCity of Federal Way
2021/2022 Biennial Budget
Amendment Ordinance
Presented by:
Ade Ariwoola, Finance Director
June 01, 2021
BUDGET AMENDMENT
• Guidelines to the Budget Amendment:
o What is the State-s guidelines and how do we stand?
o What is the current City Policy and how do we stand ?
• General Fund - $9.0 million
• Utility Tax - $1.5 million
• Traffic Light - $1.2 million
• Risk Management
o What are the major changes in the budget?
GENERAL FUND (001
- run
Appropriation: 1 2021 1
Law Funding $
.........................
Economic Development
1.000 $
0.020
Comm. Development Graffiti Tech.
0.059
Shelter services and supplies
0.043
Diversity and Inclussion Coordinator
0.000
Parks temporary crew and staff positions
0.234
Cityhall cleaning
0.066
Security Camera
0.041
----------------------
Saghalie and Steel Lake Annex. Roofing
0.170
Salary study
0.010
Election cost
0.100
COLA increase
0.046
ARPA Grant expenditures
19.217
Transfer out to Street Fund
0.075
Transfer out to FWCC Fund
0.033
Transfer out to PAEC Fund
0.064
_
Transfer out to DBC Fund
0.111
Total Appropriation $ 21.288 rs
2022
0.230
0.559
Major Funding in Non -General funds includes:
Appropriation•
Description
2021
2022
Fund
Snow & Ice
$0.045
$ -
101 Street Fund
Copper Wire replacement
0.030
-
101 Street Fund
Reduce Art. Overlay exp. - 10% Solid Waste UTAX
(1.500)
(1.500)
102 Art. Overlay Fund
Reduce Solid Waste 10% UTAX transfer
(1.500)
(1.500)
103 UTAX Fund
Affordable & Supportive Housing Services
0.250
0.125
104 Affrd. & Supprt. Housing
GAC Upgrade
0.450
-
107 Special Contr. Stud. Fnd.
Heating system
0.033
-
111 FWCC Fund
PAEC supplies and services
0.103
0.116
115 PAEC Fund
Increase Solid Waste 10% UTAX expenditures for overlay
2.000
2.000
116 SWR 10% UTAX Fund
CDBG services
0.628
0.628
119 CDBG Fund
Building permit fees
0.025
0.025
121Technology Fund
Police gate
0.020
-
303 Parks CIP Fund
SWM CIP Projects
2.808
-
304 SWM CIP Fund
Transportation CIP Projects
0.720
-
306Transportation CIP Fund
Public Education program & traning services
0.039
0.035
401 SWM Fund
Transfer to 304SWM CIP Fund
1.607
-
401SWM Fund
DBC Split AC and services
0.042
0.070
402 DBC Fund
ITAdmin Assistant
-
0.070
502 IT Fund
Record management and automated agenda systems
0.045
0.035
502 IT Fund
Police vehicle replacement
0.248
-
504 Fleet & Equip. Fund
Total
$ 6.092
$ 0.104
CONCLUSION
o The budget amendment meets the state requirement.
o The full amount of ARPA grant amount is included.
• Half is provided now, other half in 12 months.
• Total amount $19,216,886
• The Grant covers 2021 - 2023 fiscal years
Questions ?
Thank You
