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ORD 23-974 - Amending the 2023-2024 Biennial BudgetORDINANCE NO.23-974 AN ORDINANCE of the City of Federal Way, Washington, relating to amending the 2023-2024 Biennial Budget. (Amending Ordinance Nos. 22-941, 23-959 and 23-966) WHEREAS, the tax estimates and budget for the City of Federal Way, Washington, for the 2023-2024 fiscal biennium were prepared and filed on September 15, 2022 as provided by Titles 35A.34 and 84.55 of the Revised Code of Washington; and WHEREAS, the budget was printed for distribution and notice published in the official paper of the City of Federal Way setting the time and place for public hearing on the budget and said notice stating copies of the budget can be obtained on-line and at the Office of the City Clerk; and WHEREAS, the City Council of the City of Federal Way held public hearings on October 18 and November 01, 2022, and considered the public comments presented; and WHEREAS, the City Council of the City of Federal Way approved the budget ordinance on November 15, 2022 (adopted budget attached as Exhibit A); and WHEREAS, the City Council of the City of Federal Way approved the first amended budget ordinance on June 06, 2023 (adopted budget amendment #1 attached as Exhibit B); and WHEREAS, the City Council of the City of Federal Way approved the second amended budget ordinance on September 05, 2023 (adopted budget amendment #2 attached as Exhibit C); and NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF FEDERAL WAY, Ordinance No. 23-974 Page 1 of 7 WASHINGTON, DO ORDAIN AS FOLLOWS: Section 1. 2023-2024 Budget Amendment. That the budget for the 2023-2024 biennium is hereby amended in the amounts and for the purposes as shown on the attached Exhibit D ("2023-2024 Amended Budget #3") Section 2. Administration. The Mayor shall administer the Biennial Budget and in doing so may authorize adjustments to the extent that they are consistent with the budget approved herein. Section 3. Seyerability. Should any section, subsection, paragraph, sentence, clause, or phrase of this chapter, or its application to any person or situation, be declared unconstitutional or invalid for any reason, such decision shall not affect the validity of the remaining portions of this chapter or its application to any other person or situation. The City Council of the City of Federal Way hereby declares that it would have adopted this chapter and each section, subsection, sentence, clauses, phrase, or portion thereof, irrespective of the fact that any one or more sections, subsections, sentences, clauses, phrases, or portions be declared invalid or unconstitutional. Section 4. Corrections. The City Clerk and the codifiers of this ordinance are authorized to make necessary corrections to this ordinance including, but not limited to, the correction of scrivener/clerical errors, references, ordinance numbering, section/subsection numbers and any references thereto. Section 5. Ratification. Any act consistent with the authority and prior to the effective date of this ordinance is hereby ratified and affirmed. Section 6. Effective Date. This ordinance shall take effect and be in force five (5) days from the time of its final passage as provided by law. Ordinance No. 23-974 Page 2 of 7 PASSED by the City Council of the City of Federal Way this 21 st day of November, 2023. ATTEST: PA AS TO FORM: CITY OF FEDERAL WAY: al-wgw� - er.. O. CITY CLERK Z�' 4i 4 r� ] RYAN CALL, CFFY A EY FILED WITH THE CITY CLERK: 11/01/2023 PASSED BY THE CITY COUNCIL: 11/21/2023 PUBLISHED: 12/01/2023 EFFECTIVE DATE: 12/06/2023 ORDINANCE NO.: 23-973 Ordinance No. 23-974 Page 3 of 7 EXHIBIT A 2023-2024Ado ted Bud2et 2023 2024 Beginning Fund Beginning Fund Ending Fund Fund Balance Revenue INpenditure Balance Revenue Expenditure Balance General Fund $ 12,415,532 $ 56,854,231 $ 60,077,654 $ ` 9,192,109 $ 61,108,379 $ 61,300,485 $ 9,000,003 Special Revenue Funds: Street 210,983 5,715,475 5,426,458 500,000 5,595,163 5,595,163 500,000 Arterial Street 100,001 1,563,000 1,563,000 100,001 1,563,000 1,563,000 100,001 Utility Tax 4,579,047 11,830,565 11,619,868 4,789,743 11,782,564 15,072,308 1,500,000 Sales/Use Tax- A6rd. & Supprt. Housing 140,702 125,000 125,000 140,702 125,000 125,000 140,702 Solid Waste/Recycling 311,052 722,200 641,647 391,604 722,200 654,343 459,462 Special Contract/Studies 462,890 - 462,890 462,890 Hotel/Motel Lodging Tax 1,720,995 293,000 65,000 1,948,995 308,000 65,000 2,191,995 Community Center 980,517 2,799,376 2,279,893 1,500,000 2,306,857 2,306,857 1,500,000 Traffic Safety Fund 3,109,153 3,000,000 3,846,735 2,262,419 3,060,000 4,122,419 1,200,000 Utility Tax Proposition 1 1,612,395 3,859,478 4,471,873 1,000,000 4,603,704 4,603,704 1,000,000 Performing Arts & Event Center 541,702 2,387,767 2,483,359 446,111 2,259,757 2,483,359 222,509 Solid Waste 10%Utility Tax 152,012 2,200,000 2,200,000 152,012 2,300,000 2,300,000 152,012 Community Development Block Grant 28,268 886,193 886,193 28,269 789,717 789,717 28,268 Paths and Trails 1,895;150 170,600 100,000 1,965,750 172,216 600,000 1,537,966 Technology 235,810 149,250 - 385,060 149,250 - 534,310 Jail Service 164,252 2,335,748 2,500,000 (0) 2,700,000 2,700,000 (0) Strategic Reserve 3,000,001 - 3,000,001 3,000,001 Parks Reserve 1,120,891 5,000 - 1,125,891 5,000 - 1,130,891 Debt Service Fund 3,118,184 2,446,368 2,446,368 3,118,184 2,446,459 2,446,459 3,118,184 Capital Project Funds: Real Estate Excise Tax 4,110,900 5,521,000 7,055,343 2,576,557 5,576,000 5,788,245 2,364,312 Downtown Redevelopment 3,496,123 - 205,000 3,291,123 - 150,000 3,141,123 Municipal Facilities 175,185 - 175,185 175,185 Parks 1,497,896 367,000 367,000 1,497,896 767,000 767,000 1,497,896 Surface Water Management 1,744,296 2,044,312 3,359,608 429,000 1,556,230 1,805,273 179,957 Transportation 1,125,725 19,269,000 19,912,000 482,725 50,927,649 49,507,000 1,903,373 Capital Project Reserve 369,963 - 369,963 - 369,963 Enterprise Fund: Surface Water Management 2,897,393 6,226,871 6,450,608 2,673,656 6,228,298 8,104,300 797,654 Dumas Bay Centre 1,132,849 1,155,846 764,097 1,524,599 792,696 773,784 1,543,510 Internal Service Funds: Risk Management 1,158,255 .2,307,763 2,657,763 808,255 2,120,877 2,329,131 600,001 Information Technology 3,734,945 3,243,845 '3,646,229 3,332,561 3,288,845 3,393,541 3,227,865 Mail & Duplication 255,919 135,947 154,901 236,965 135,947 161,901 211,011 Fleet & Equipment 7,621,866 2,425,039 3,336,067 6,710,838 2,399,475 1,711,734 7,398,580 Buildings & Furnishings 2,161,252 728,099 789,772 2,099,579 603,099 664,772 2,037,906 Health Insurance 3,579,885 4,956,000 5,256,726 3,279,159 4,956,000 5,256,726 2,978,433 Unemployment Insurance 245,846 - 70,000 175,846 - 70,000 105,846 Grand Total All Funds $ 71,207,836 $ 145,723,974 $ 154,758,165 1 $ 62,173,646 $ 181,349,382 $ 187,211,223 $ 56,311,805 Ordinance No. 23-974 Page 4 of 7 IXHIBITB 2023-2024 Adopted Budget Amendment #1 2023 2024 Beginning Fund Beginning Fund Fading Fund Fund Balance Revenue Egxndture Balance Revenue bpendture Balance General Fund $ 27,500,556 $ 58,056,122 $ 76,002,369 $ 9,554,309 $ 61,040,879 $ 61,590,721 $ 9,004,467 Special Revenue Funds: Street 359,300 5,975,158 5,834,458 500,000 5,595,163 5,595,163 500,000 Arterial Street 999,047 1,563,000 2,462,047 100,000 1,563,000 1,563,000 100,000 Utility Tax 4,643,952 12,196,316 12,050,524 4,789,743 11,782,564 15,072,308 1,500,000 Sales/Use Tax- AN. & Supprt. Housing 147,938 125,000 125,000 147,938 125,000 125,000 147,938 Solid Waste/Recycling 395,438 722,200 725,598 392,040 722,200 654,343 459,897 Special Contract/Studies 987,117 987,117 - - 987,117 Hotel/Motel Lodging Tax 1,867,690 293,000 65,000 2,095,690 308,000 65,000 2,338,690 Community Center 1,737,337 2,799,376 2,279,893 2,256,820 2,306,857 2,306,857 2,256,820 Traffic Safety Fund 2,445,305 3,000,000 3,846,735 1,598,570 3,060,000 4,122,419 536,151 Utility TaxProposition 1 1,570,837 3,901,478 4,471,873 1,000,441 4,603,704 4,603,704 1,000,441 Performing Arts & Event Center 873,647 2,387,767 2,483,359 778,055 2,259,757 2,483,359 554,454 Community Development Block Grant 25,107 886,193 886,193 25,107 789,717 789,717 25,106 Solid Waste 101/oUtility Tax 1,632,178 2,200,000 3,680,166 152,012 2,300,000 2,300,000 152,012 Paths and Trails 1,888,280 170,600 100,000 1,958,880 172,216 600,000 1,531,096 Technology 459,967 149,250 28,350 580,867 149,250 12,000 718,117 Jail Service 7,487 2,492,513 2,500,000 0 2,700,000 2,700,000 0 Strategic Reserve 3,001,354 - 3,001,354 - 3,001,354 Parks Reserve 1,132,882 5,000 - 1,137,882 5,000 1,142,882 Debt Service Fund (1,367,880) 3,814,248 2,446,368 (0) 2,446,459 2,446,459 (0) Capital Project Funds: Real Estate Excise Tax 3,216,755 5,521,000 7,055,343 1,682,412 5,576,000 5,788,245 1,470,167 Downtown Redevelopment 4,498,575 - 205,000 4,293,575 150,000 4,143,575 Municipal Facilities 175,412 - 175,412 175,412 Parks 2,031,573 367,000 657,664 1,740,909 767,000 767,000 1,740,909 Surface Water Management 4,570,034 3,243,885 7,032,179 781,740 1,556,230 1,805,273 532,697 Transportation 15,937,599 19,323,650 31,642,185 3,619,064 50,927,649 49,507,000 5,039,713 Capital Project Reserve 370,253 - 370,253 - 370,253 Fnterprise Fund: Surface Water Management 4,510,% 6,226,871 7,588,980 3,148,437 6,228,298 8,104,300 1,272,435 Dumas Bay Centre 1,710,216 1,155,846 764,097 2,101,965 792,696 773,784 2,120,877 Internal Service Funds: RiskManagement 1,516,609 2,307,763 2,657,763 1,166,609 2,120,877 2,329,131 958,355 Information Technology 4,259,029 3,484,045 3,886,429 3,856,646 3,514,145 3,618,841 3,751,950 Mail & Duplication 279,133 135,947 154,901 260,179 135,947 161,901 234,225 Fleet & Equipment 8,545,676 2,550,039 4,944,651 6,151,064 2,399,475 1,711,734 6,838,805 Buildings & Furnishings 2,114,858 728,099 789,772 2,053,185• 603,099 664,772 1,991,512 Health Insurance 3,659,129 4,956,000 5,256,726 3,358,403 4,956,000 5,256,726 3,057,677 Unemployment Insurance 1 252,016 - 70,0001 182,016 70,0001 112,016 Grand TolalAll Funds 1 $ 107,954,951 $ 150,737,.166 $ 192,693,624 1 $ 65,998,694 $ 181,507,182 $ 187,738,757 $ 59,767,119 Ordinance No. 23-974 Page 5 of 7 UHIBITC 2023-2024 Amended Budget #2 2023 L 2024 Beginning Fund Beginning Fund Ending Fund Fund Balance Revenue bpenditure Balance Revenue Egxnalture Balance GeneralFund $ 27,350,553 $ 59,091,457 $ 76,872,596 $ 9,569,414 $ 61,580,879 $ 62,130,721 $ 9,019,572 Special Revenue Funds: Street 359,430 5,991,404 5,850,704 500,130 5,611,409 5,611,409 500,130 Arterial Street 998,845 1,563,000 2,461,845 100,000 1,563,000 1,563,000 100,001 Utility Tax 4,646,109 12,449,431 12,303,640 4,791,900 11,782,564 15,072,308 1,502,157 Sales/Use Tax -Affrd.&Sopprt.Housing 148,016 125,000 125,000 148,016 125,000 125,000 148,016 Solid Waste/Recycling 395,459 722,200 725,598 39ZO61 722,200 654,343 459,918 Special Contract/Studies 987,302 - 450,000 537,302 - 537,302 Hotel/Motel Lodging Tax 1,868,015 293,000 65,000 2,096,015 308,000 65,000 2,339,015 Community Center 1,737,273 2,799,376 2,279,893 2,256,756 2,306,857 2,306,857 2,256,756 Traffic Safety Fund 2,493,443 3,000,000 3,846,735 1,646,708 3,060,000 4,122,419 584,290 Utility TaxProposition 1 1,571,054 3,901,478 4,471,873 1,000,658 4,603,704 4,603,704 1,000,658 Performing Arts & Event Center 873,936 2,387,767 2,483,359 778,344 2,259,757 2,483,359 554,743 Community Development Block Grant 25,107 886,193 886,193 25,107 789,717 789,717 25,106 Solid Waste 101/oUtility Tax 1,632,240 2,200,000 3,680,166 15ZO74 2,300,000 2,300,000 152,074 Paths and Trails 1,888,688 170,600 366,376 1,692,912 172,216 600,000 1,265,128 Technology 459,999 149,250 259,350 349,899 149,250 12,000 487,149 Jail Service 7,260 2,492,140 2,500,000 0 2,700,000 2,700,000 0 Strategic Reserve 3,002,082 - 3,002,082 3,002,082 Parks Reserve 1,133,157 5,000 1,138,157 5,000 1,143,157 Debt Service Fund (1,366,565) 3,814,248 2,446,368 1,315 2,446,459 2,446,459 1,315 Capital Project Funds: Real Estate Excise Tax 3,217,658 5,521,000 7,055,343 1,683,315 5,576,000 5,788,245 1,471,070 Downtown Redevelopment 4,499,350 - 205,000 4,294,350 - 150,000 4,144,350 Municipal Facilities 175,507 - 175,507 - 175,507 Parks 2,032,064 633,376 - 924,040 1,741,400 767,000 767,000 1,741,400 Surface Water Management 4,570,673 3,243,885 7,032,179 782,379 1,556,230 1,805,273 533,336 Transportation 15,939,217 19,323,650 31,642,185 3,620,682 50,927,649 49,507,000 5,041,331 Capital Project Reserve 370,343 370,343 370,343 Enterprise Fund: Surface Water Management 4,511,222 6,226,871 7,588,980 3,149,113 6,228,298 8,104,300 1,273,111 Dumas Bay Centre 1,710,510 1,155,846 764,097 2,102,259 792,696 773,784 2,121,171 Internal Service Funds: Risk Management 1,516,845 2,307,763 2,657,763 1,166,845 2,120,877 2,329,131 958,591 Information Technology 4,260,137 3,684,045 4,276,429 3,667,753 3,514,145 3,618,841 3,563,057 Mail & Duplication 279,203 135,947 154,901 260,249 135,947 161,901 234,295 Fleet & Equ ipment 8,548,261 2,550,039 4,959,137 6,139,163 2,399,475 1,711,734 6,826,904 Buildings & Furnishings 2,115,458 1,328,099 1,389,772 2,053,785 603,099 664,772 1,992,112 Health Insurance 3,660,088 4,956,000 5,256,726 3,359,362 4,956,000 5,256,726 3,058,636 Unemployment insurance 252,036 70,0001 18ZO36 70,0001 112,036 Grand TolalAll Funds $ 107,869,976 $ 153,108,665 $ 196,051,249iI $ 64,92W3 $ 182,063,428 $ 188,295,003 1 $ 58,695,819 Ordinance No. 23-974 Page 6 of 7 IXIIIBITD 2023-2024 Amended Budget #3 2023 2024 Beginning Fund Beginning Fund Ending Fund Fund Balance Revenue Expenditure Balance Revenue Expenditure Balance General Fund $ 27,350,553 $ 62,582,016 $ 79,829,531 $ 10,103,039 $ 61,774,549 $ 62,877,587 $ 9,000,000 Special Revenue Funds: Street 359,430 6,011,404 5,870,704 500,130 5,611,409 5,611,409 500,130 Arterial Street 998,845 1,563,000 2,461,845 100,000 1,563,000 1,563,000 100,001 Utility Tax 4,646,109 12,449,431 12,305,797 4,789,743 11,782,564 15,072,308 1,500,000 Sales/Use Tax- Affrd. & Supprt. Housing 148,016 125,000 134,000 139,016 125,000 125,000 139,016 Solid Waste/Recycling 395,459 735,799 739,197 392,061 793,797 725,940 459,919 Special Contract/Studies 987,302 50,000 937,302 - 400,000 537,302 Hotel/Motel Lodging Tax 1,868,015 293,000 150,000 2,011,015 308,000 65,000 2,254,015 Community Center 1,737,273 2,280,376 2,459,893 1,557,756 2,306,857 2,306,857 1,557,756 Traffic Safety Fund 2,493,443 3,800,000 3,871,735 2,421,708 3,060,000 4,272,419 1,209,290 Utility TaxProposition 1 1,571,054 3,900,820 4,471,873 1,000,000 4,603,704 4,603,704 1,000,000 Performing Arts & Event Center 873,936 2,767,767 2,983,359 658,344 2,259,757 2,483,359 434,743 Community Development Block Grant 25,107 901,193 901,193 25,107 789,717 789,717 25,106 Solid Waste 10%Utility Tax 1,632,240 2,200,000 3,680,166 152,074 2,300,000 2,300,000 152,074 Paths and Trails 1,888,688 170,600 401,376 1,657,912 172,216 600,000 1,230,128 Technology 459,999 149,250 84,350 524,899 149,250 187,000 487,149 Jail Service 7,260 4,292,740 4,300,000 0 2,700,000 2,700,000 0 Strategic Reserve 3,002,082 3,002,082 - 3,002,082 Parks Reserve 1,133,157 5,000 1,138,157 5,000 1,143,157 Debt Service Fund (1,366,565) 3,829,249 2,461,368 1,315 2,446,459 2,446,459 1,315 Capital Project Funds: Real Estate Excise Tax 3,217,658 4,521,000 6,055,343 1,683,315 5,576,000 5,788,245 1,471,070 Downtown Redevelopment 4,499,350 1,000,000 3,463,669 2,035,681 150,000 1,885,681 Municipal Facilities 175,507 175,507 - 175,507 Parks 2,032,064 683,816 1,258,040 1,457,840 767,000 767,000 1,457,840 Surface WaterManagement 4,570,673 3,293,885 7,082,179 782,379 1,556,230 1,805,273 533,336 Transportation 15,939,217 24,244,248 38,604,114 1,579,351 60,727,649 62,307,000 (0) Capital Project Reserve 370,343 - 370,343 - 370,343 Enterprise Fund: Surface Water Management 4,511,222 7,562,395 7,763,379 4,310,238 6,320,939 9,090,691 1,540,486 Dumas Bay Centre 1,710,510 1,355,846 864,097 2,202,259 792,696 773,784 2,221,171 Internal Service Funds: Risk Management 1,516,845 2,307,763 2,657,763 1,166,845 2,538,083 3,104,928 600,000 Information Technology 4,260,137 3,684,045 3,806,929 4,137,253 3,514,145 4,392,191 3,259,207 Mail & Duplication 279,203 135,947 164,901 250,249 135,947 161,901 224,295 Fleet & Equipment 8,548,261 2,635,039 5,980,818 5,202,482 2,399,475 2,878,734 4,723,223 Buildings & Furnishings 2,115,458 1,336,099 1,389,772 2,061,785 603,099 664,772 2,000,112 Health Insurance 3,660,088 5,414,000 5,714,726 3,359,362 4,956,000 5,256,726 3,058,636 Unem to ment Insurance 252,036 162,964 95,000 1 320,000 - 70,000 250,000 [Grand Total All Funds $ 107,869,976 $ 166,393,691 $ 212,057,118 1 $ 62,206,550 $ 192,638,542 $ 206,341,003. $ 48,504,089 Ordinance No. 23-974 Page 7 of 7