8b - 2023-24 Biennial Budget HearingCITY OF
2023-24 `Federal Way
Centered on Opportunity
Timeline to Adoption
2023-2024 BIENNIAL BUDGET
PUBLIC MEETINGS
The following City Council meetings have been scheduled to consider the 2023-24 Biennial Budget.
All meetings will be held in -person in Council Chambers at City Hall, with a remote option available.
Tuesday, September 21), 2022 at 5:00 p.m. WorkshoplStudy Session
• Budget Overview- Revenue Forecast & Economic Assumptions
Tuesday, September 20, 2022 at 6:30 p.m. Regular City Council Meeting
• Mayor Ferrell Presents Proposed 2023-2024 Biennial Budget to Council
Monday, September 26, 2022 at 5:00 p.m. WorkshoplStudy Session
Budget Presentations:
• Federal Way Municipal Court
• Finance; Human Resources: City C erk s Office: Legal; Community Development;
Economic Development; Emergenc ldar.agen�ent; Information Technology; City
Council and Mayor's Office
• Parks Department, Performing Arks & Event Center; Dumas Bay; and Federal Way
Community Center
Thursday, September 29, 2022 at 5:00 p.m. WorkshoplStudy Session
Budget Presentations Continued:
• Police Department and Public Works
• Debt: Operations Shop and Capital Planning
Tuesday, October 4, 2022 at 5:00 p.m. Workshop/Study Session
• City Council Deliberations on the 2023-2024 Biennial Budget
Tuesday, October 18, 2022 at 3:00 p.m. WorkshoplStudy Session
• Continue City Council Budget Deliberations on the 2023-2024 Biennial Budget
=> Tuesday, October 18, 2022 at 6:30 p.m. Regular City Council Meeting
• Revenue Public Hearing: Proposed 2023 Property Tax Levy (RCW 84.55.120)
• Preliminary Public Hearing: 2023-2024 Biennial Budget (RCW35A.34)
Tuesday, November 1, 2022 at 6:30 p.m. Regular City Council Meeting
• Final Budget Public Hearing: continued from Oct 18 meeting (RCW 35A.34)
• Intraduction Ordinance12023-2024 Biennial Budget
• Intraduction Ordinance12023 Property Tax Levy
Tuesday, November 16, 2022 at 6:30 p.m. Regular City Council Meeting
• Enactment Ordinancel2023-2024 Biennial Budget
• Enactment Ordinance12023 Property Tax Rate
• Resolutionf2023 Fee Schedule
Budget Process
Mayor's Proposed Budget
+ Study Sessions and Discussion
= Adopted Budget
Mayor's Proposed Budget
✓ 3 %% Cost of Living Increase
✓ 13 PID officers + 3 support staff
✓ Vehicle replacement increase
✓ Insurance cost increase
✓ Jail cost increase
■
Council C"
Funded
Ce��sed x
t Ia
d
P ropey y 5 fax
ar Safe
✓ Neighborhood Traffic Safety
✓ PID Officer Wellness
✓ Increased Shopping Cart
✓ School zone flasher upgrades
✓ Council travel & admin support
✓ Sr. Commission Printing
2023=24 Budget
✓ Total Expenses $150-175 million
✓ Total staff 396 Full -Time Equivalents
✓ Property Tax Rate $0.69
(less than half of $1.60 cap)
✓ City % of overlapping property tax 8%
F)MBfY A
2023-2024 Proposed Budget
2023
2024
Beginning Fund
Begiaming Fund
EudingFund
Fund
Balance Reveaue Expenditure
Balance Revemie Expenditure
Balance
General Fund
g 12,415,532 g 56954.231 3
4 9192109 3 61JOU79 $
M,077¢54
61,M85
9.U00,o03
SpecialRevemte Ftmds:
500,000
Sheet
210.983 f715.475
5.426,458
500000 5,995-163
5,599-163
Arterial Street
IOD,001 1563,000
1,563 0D0
1(IfIODI 1,563,400
1,563,000
10[I,00i
UtEtyTax
4.579,047 11,830,%5
11,619$9
4,799,743 11,78&,564
15,072 %
1,500.000
Sales?Use Tax-Affid & Suppt. Housing
140,702 125,ODO
125 400
140.702 125,000
125,000
140.702
SohdWastaecyag
311,052 722-.M
641G47
391.604 722,200
654,343
459,462
Spacial CvntracL Studies
462,890
462890
462.990
HotelUtel£odgiugTax
1,720,995 293,000
65000
L94d995 308,000
65,000
2,191,995
Ccmututy Center
%0,517 4799 376
2,279$93
1.5K000 2,306,857
1306,$57
1.500,000
Traffic Safety Fund
3,109.153 3,00IN
3,846,735
2,264419 3,060,000
4.122,419
1,200,000
Utility Tim PropositionI
L612.395 3,859,478
4,471$73
I,OKOOO 4,603,704
4.603.704
1,000.000
222.509
PufoimmgAits&aeatCenter
141,702 2,397,767
2,483.59
44G111 2,219,757
2,483,3D
Sddwaste HB•6UutyTax
ULM 2,20000
2200U00
152,012 2,30D,OOD
'.300,000
152,012
ComutdtymelopmentBlock Gram
29-A 996,193
9093
2U& 789,717
789,717
28,268
Paths and Trails
1,895,150 170,600
100000
1,965,750 172,216
600,000
1,537A
Tedmalogy
235,910 149,450
-
385,060 149,250
-
534 310
Jail Service
164,252 2�3%748
2JO0.000
(0) 2,70D,000
2.A0,000
M
StrategacRemrve
3.ODD,001 -
3,OD0.001 -
3,000,401
1,130,891
Packs Reserve
1,120.891 5,000
1,121g9l 5,000
Debt Setxice Fhnd
3,119,184 2,446,368
2.446358
3,118184 2,446,459
2.446,459
3.118,184
Capital Project Fumds:
Real Estate ExdseM
4,110.900 5,521,000
7.055343
2,57(557 5,576,000
5.7d82A5
2-%4,312
Dm,ntonRedevebpment
3,496,123
205000
3,291,123
150,400
3,141,123
Municipal Fa&ties
17SA95
175,185
175,18S
Packs
1,497,996 367.000
3670
1,491896 767,000
767,000
1,497,996
SudaceWitter Managemmt
1,744,296 2.044,312
3,35908
429,000 1,556,130
1,805,273
179,957
Transportation
1,125,7Z5 19269,ODO
19,912,000
492,725 50,927-649
49,507,000
IM3,373
CaotalRojectReseve
369,46i -
369.96.3 -
369N
Eiderprise F7md:
797654
Su$aceWaterManagemmt
2.897.393 6, 26,871
6,450bO8
2,673,656 6,228)98
8,10VOO
L543,510
Dtmas Bay Omtte
1.HIM L155,816
764p97
ltu4599 792,6%
773,784
Internal Senice Fimds:
Risk Management
1.159,255 2,307,763
2,657,763
80d255 2,12D,877
2-329,131
600.OD1
InbrmationTechnology
3,734,945 1243,845
3,646,229
3,332561 3,288,845
3,393,541
3,227.865
Mitil & Duplication
255,919 135M7
154 I
23Q65 135.947
161M
211.011
Fleet & Fgnipunt
7,621,866 2,425,039
3,336i167
6,710,838 2,399,475
1,711,734
7 348,580
2 037,906
Btaldmgs & Flunishings
4161,252 728,099
799,772
4099J79 603,099
654,772
8433
Health Immame
3579A55 4,956,000
5,256,726
3,27�159 4,956,0M
5.?56.726
145.846
Unemplu mera Instuance
245.846 -
70.400
175.846 -
70.000
GranR Fatal.41 Fm4s
S 71,207,836 1145,723,974 S 154,758,165
19 62,173y646 9 181,349,382 S 187,211,223
S 56,3311,905
CoUrC�\' S
cveate.
St0'p5
fund
P Ovxo
haCd
2023=24 Budget
✓ Balanced Budget
✓ Meets reserve requirements
✓ Prioritizes services and
infrastructure
Hearing
Public Input
tC 04727 792
0472.792
G7
: [G7
r 7
6741-4 73 Z
i-,'32
Ir.. A--L.16
LC- 0 02-4 -3 Z
LG 9 47274 70 4 -
L C a 412�7 9
t Adghk ul lolls do( 0 t AOL %
AM=
lit) 411P 4 ItA 91 & A 4
L LXL 047 Z
"INI W-1. 11.
WIM L C 0 W 72 7 7 t C 0 W 7 2 77 9 C 0 14 4 7 27?9;'7
G7 lift rr 7
114110 ou
Adjustments for Final Budget
Proposed adjustments to Mayor's Budget:
Department
REVENUE
EXPENSE
City Council
City Council
City Council
City Council
City Council
Property Tax Levy, 2022 revised AV
GF Sales Tax revenue, September forecast update
Donation Revenue for Sr. Commission Printing*
*Sr. Commission Printing
CDBG Coordinator (split w ARPA administration)
City Council Admin Support to full-time
Council Member Travel & Events
Health Fair 2023
Municipal Ct Probation services coordination
Police Officer Wellness
TBD Shopping Cart Remediation Initiative
Public Works NTS program revisions - ongoing construction
Public Works NTS program revisions - signs and markings
Total General Fund Impact
Fund 504 NTS program revisions - equipment
Fund 112 School Zone Flasher Upgrades
Total Other Funds Impact
2023 $ 2024 $
(234,000) (238,000)
(173,000) (221,000)
(2,000) -
5,000
-
25, 000
25,000
15,000
15,000
7,500
7,500
2,000
2,000
3,000
3,000
65,000
68,000
250,000
250,000
-
75,000
25,000
25,000
(11,500) 11,500
80,000 -
60, 000 -
140,000 -