Council PKT 11-29-2011 SpecialCITV OF
� Federat Way
AGENDA
FEDERAL WAY CITY COUNCIL
SPECIAL MEETING
Council Chambers - City Hali
November 29, 2011
6:00 p.m.
www. cifyoffederalway. com
1. CALL MEETING TO ORDER
2. PUBLIC HEARING
2011/2012 Biennial Budget Adjustment and Property Tax Rate...page 2
• Staff Presentation
• Public Comment
� Council Action
3. ORDINANCES
First Reading:
a. CB#591 2011/2012 Mid-Biennial Budqet Adiustment ...page 4
An ordinance of the City of Federal Way, Washington, relating to the Budgets and Finance,
Revising the Adopted 2011-2012 Biennial Budget.
b. CB#592 2012 Propertv Tax Rate ...page 12
An ordinance of the City of Federal Way, Washington, Fixing the Property Tax Amount for the
Year of 2012..
4. ADJOURNMENT
COUNCIL MEETING DATE: ''T -.°---''�~ ' c,'n' 1 �OV I'jer2°r �� � ITEM #:_ �
__.... _. -'. . -
CITY QF FEDERAL WAY
��TY CQUNCIL
AGENDA BILL
SUBJEGTt 2011/IZ 11�IID-BIENIVIUM BUDGET ADJFJSTMENT, PUBLIC HEARING
FOLICY QUESTIQN: N/,4
COMMITTEE: N/A
CATEGORY:
❑ eons��t
❑ City Council Business
STAFF REFORT BY: Tho K�
❑ �rdinance
� Resolution
Finance Director
ATTACHMENTS: Budget Calendar
MEETIIVG I}ATE N/A
� PubEic �Iearing
❑ Other
DEPT: Finance
SUMMARYBACKGROUND As required by state law, cities adopting biennial budgets must review and make
necessary adjustments to their adopted budget before the end of the first year af the biennium. Staff has
presented to Council the recommended adjustments and Council has commenced the budget deliberation pracess
and is accepting comments from the public at this meeting. The calendar for budget detiberation has been
published and is attached herein.
Options Considered: N/A
MAYOR'S RECOMIVIENDATION N/A
MAYOR APPROVAL: �� /`/� DIRECTOR APPROVAL: N I� �
Committee Counc Committee Council
COMMiT'I'EE RECUMMENDATION N/A
PROPOSED COUNCIL MOTION N/A
(BELOW TO BE COMPLETED BY CITY CLERKS OFFICE)
COUNCIL ACTIOPI:
❑ APPROVED COUNCIL BILL #
❑ DENIED 1 reading
❑ TABLED/DEFERRED/NO ACfION Enactment reading
❑ MOVED TO SECOND READING (ordrnances only) ORDINANCE #
REVISED— 08/12/2010 RESOLUTION #
CITY OF FEDERAL W�Y
CITY CaUNCIL
201112012 MID-BIENNIAL CITY BUDGET ADJU�TMENTS MEETINGS
The foilowing meetings have been scheduied to eonsider the City of Federal Way's 2011/2012 Mid-
$iennial Budget Adjustment:
Nav�MS�R 15 . 2011- REGULAR 1VIEETING - 7:00 PM
• P�BL�c HEax�NG (required by RCW 35A.34) 2011/2012 Biennial BudgetfProperty T� Rate
NOVEMBER 29 & 3U, 2U11- SPECIAL MEETINGS - 6 :40 PM (Noveml�er 3(I onlv if needed)
• Public Hearing Cantinuecl
• Council Study Session on Mid-Biennial Budget Adjustment
DECEMBER 6. 2021- REGULAR 1VIEETING - 7:00 PM
• PusL�e H�a�uNG CoN'r�rtuED — 2411/2Q12 Biennial Budget Adjustment
• Introduction and Enactment Ordinance — 2011 /20I2 Mid-Biennial Budget Adjustment
• Introduction and Enactment Ordinance — 2Q12 Property Tax Rate
� Resolution/Fee Schedule 2012 Amendrnent
All meetings will be held at City Hall, 33325 — 8 Avenue South, Federal Way, Washington.
CITIZEN COMMENTS WILL BE ACCEPTED AT ALL BUDGET MEETINGS.
COIJNCIL MEETING DATE: November 29, 20l 1
CITY OF FED�ERAL WAY
GITY COUNCIL
AGENDA BILL
SUBJECT: 2011/l2 MID-BIENNIUM BUDGET ADJUSTMENT ORDINANCE
POLICY QUESTION: Should the City Council approve the 2011/I2 Mid-Bienrrium Budget Adjustment Ordinance?
ITEM #: � GL
COMMITTEE: N/A
CATEGORY:
❑ Consent
❑ City Council Business
//
�
Ordinance
Resolation
MEETING DATE N/A
❑ Public Hearing
❑ Other
STAFF REPORT BY: Tho Kraus, Finance Director DEPT: Finance
ATTACHMENTS Ordinance and E�chibits A(1), A(2), B(1), and B(2), Summary of Adjustments
SUMMARYBACKGROUND This is an ordinance for the adjustment of the 2011/12 Budget. This adjustrnent
will revise revenue and expenditure estimates to reflect changing conditions and needs.
Options Considered:
l. Approve the 2011/12 Mid-Biennium Budget Adjustment.
2. Deny approval and provide direction to staff.
MAYOR'S RECOMMENDATION Option 1
MAYOR APPROVAL N/A _�/�� DIRECTOR APPROVAL N/A -�
Committee ounc�l Committee ouncil
COMMITTEE RECOMMENDATION: N/A
PROPOSED COUNCIL MOTIONS:
1 READING OF ORDINANCE 11/29/2011 "I move to forward approval of the ordinance to the 12/6/2011
Council Meetdng for adoption. "
2 READING OF ORDINANCE l2/6/2011 `7 move approval of the proposed ordinance. "
(BELOW TO BE COMPLETED BY CITY CLERKS OFFICE)
GOUNGIL ACTION:
� APPROVED COUNCIL BILL # � I
❑ DENIED 1 reading
❑ TABLED/DEFERRED/NO AC'I'ION Enactment reading
❑ MOVED TO SECOND READING (ordinances only) ORDINANCE #
REVISED- 08/12/2010 RESOLUTION #
aRniNaNCE rro.
AN QRDINANCE OF THE CITY OF FEDERAL WAY,
WASHINGTON, RELATING TO BUDGETS AND
FINANCE, REVISING THE ADQPTED 2011/12 BIENNIAL
BUDGET (Amending Ordinance No.10-677 and 11-686).
WHEREAS, the tax estimates and budget for the City of Federa} Way, Washington, for
the 2011-12 fiscal biennium have been prepared and filed on October 19, 2010 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 Federai Way setting the time and place for hearing on the buaget and said
notice stating copies of the budget can be obtained on-Iine and at the Office of the City Clerk;
and
WHEREAS, the City Council of the City of Federal Way having held public hearings on
November 2 and November 16, 2Q10, and having considered the public testimony presented;
WHEREAS, the City Council enacted the 2011-12 Biennial Budget on December '7,
2� 10, to hecome effective on January 1, 2011;
WHEREAS, the City Council enacted the 2011 Carry-Forward Budget Adjustment on March
15, 2011;
WHEREAS, the City Council finds it necessary to revise the 201 I-12 Biennial Budget as
a result of the mid-biennium review;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF FEDERAL WAY,
WASHINGTON, DO ORDAIN AS FOLLOWS:
Section 1. Amendment. E�ibit A(1) —"2011 Revised Budget" and Exhibit A(2) —"2012
Orilinance No. 11- Page 1 of 7
Rev 1/10
Revised Budget" in Ordinance No. 11-686 is hereby amended to Exhibit B(1) —"2011 Revised
Budget" and E�ibit B(2) —"2012 Revised Budget" to include the mid-biennium adjustments.
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. Severabilitv. Should any section, suhsection, 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 sha11 nat 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.
PASSED by the City Council of the City of Federal Way this _ day of
, 2011.
Ordinance No. 11- Page 2 of 7
Rev 1/10
CITY aF FEDERAL WAY
MAYOR, SKIP PRIEST
ATTEST:
CITY CLERK, CAROL MCNEILLY, CMC
APPROVED AS TQ FORM:
CITY ATTORNEY, PATRICIA A. RICHARDSON
FILED WITH THE CITY CLERK:
PASSED BY THE CITY COUNCIL:
PUBLISHED:
EFFECTIVE DATE:
ORDINANCE NO.:
Ordinance No. I1- Page 3 of 7
Rev 1/10
Exx�BiT A �i�
2011 REVISED BUDGET
Beginning Fund Bnlnnce Revenue Ezpenrliture ' Ending
'Fund PriorAmounr ' Adjusdnent Revlsed PriorAmount A�ljuslmehf Revise�l P�iorA►nount Adjusfinent Revised FundBalnnce
General Fund $ 5,292,275 $ 3,145,842 $ 8,438,ll7 $ 43,542,351 $ 488,551 $ 44,030,902 $ 43,752,800 $ 1,777,209 $ 45,530,009 $ 6,939,009
Special Revenue Funds:
Street 100,000 - 100,000 4,420,613 184,840 4,605,453 4,420,613 184,840 4,605,453 100,000
Arterial Street 561,374 561,374 1,513,500 - �,513,500 1,513,500 561,374 2,074,874 0
Utility Tax 3,199,666 510,515 3,71Q181 12,496,000 12,44b,000 12,775,508 12,7"75,508 3,430,673
Solid Waste/Recycling 136,968 (1,870) 135,098 413,243 413,243 415,118 - 415,118 133,223
Special Contract/Studies - 557,474 557,474 - 557,474 557,474 -
HoteUMotel L,odgingTax - 215,657 215,657 160,300 (1,300) 159,000 160,300 212,200 372,500 2,157
2% for the Arts - 293 293 - - - - 293 293 (0)
FW Community Center 670,378 ll0,376 780,754 2,251,422 - 2,251,422 2,142,839 - 2,142,839 889,337
Traffic Safety 480,288 353,232 833,520 830,000 830,000 1,205,000 SQ000 1,255,000 408,520
Grants - CDBG - - - 171,090 - 171,090 171,090 - 171,090 -
PaLhs and Trails 132,768 3,593 136,361 161,000 161,000 153,000 153,000 144,361
Debt Service Fund 2,915,604 463,821 3,379,425 1,830,000 - 1,830,000 2,082,726 2,082,726 3,126,699
Capital Project Funds:
Downtown Redevelopment 2,976,204 29,602 3,005,806 - 30,590 30,590 944,839 944,839 2,091,557
City Facilities - 642,584 642,584 - 850,000 850,000 - 1,492,582 1,492,582 2
Pazks 1,565,585 728,219 2,293,804 428,000 428,000 1,089,580 728,125 1,817,705 904,099
SWM 1,744,225 798,018 2,542,243 222,000 341,342 563,342 341,992 1,428,947 1,820,939 1,284,646
Transportation 26,078,793 (5,977,546) 20,101,247 4,908,000 10,879,238 15,787,238 24,901,000 4,823,157 29,724,157 6,164,328
Enterprise Fund:
SurfaceWaterMana�ment 2,001,189 273,072 2,274,261 3,396,505 191,922 3,588,427 3,554,591 82,205 3,636,796 2,225,891
Dumas Bay Center 76,817 70,165 146,982 629,318 - 629,318 617,964 155,036 773,000 3,300
Internal 5ervice Funds:
RiskManagement 5,357,573 74,209 5,431,782 739,573 475,000 1,214,573 1,019,573 775,000 1,794,573 4,851,782
Information Systems 3,101,026 140,784 3,247,810 2,080,167 57,978 2,138,145 2,026,633 71,741 2,098,374 3,281,581
Support Services 347,633 (35,225) 312,408 182,087 11,000 193,087 209,056 11,000 220,056 285,439
Fleet&Fquipment 4,648,158 219,296 4,867,454 2,179,132 162,925 2,342,057 1,824,451 208,826 2,033,277 5,176,234
Buildings & Fumishings 1,454,962 9,008 1,463,970 SSQ946 591,426 1,142,372 511,179 591,426 1,102,605 1,503,738
Tota1 Al1 Funds S 6 S 2,8 5 $' 83,I05,24� $ 14, $ 97, 36 8,7 5 9 S 104, S I4, S I I 9,59 4, 787 $ 42,
Ordinance No. 11- Page 4 of 7
Rev 1/10
� EXHIBIT A (2) �
2012 REVISED BUDGET
Beginning Fund Balnnce Revenue ' Expenditure Ending
Fund ' PriorAmounf A�ijustment Revised PiiorAmount Adjuslment Revised PiiorAmaunt A�ljustment Revised Fund Bafance
General Fund $ 5,081,826 $ 1,857,183 $ 6,939,009 $ 38,467,811 $ 200 $ 38,468,011 $ 40,748,229 $ (69,626) $ 40,678,603 $ 4,728,417
Special Revenue Funds:
`Street 100,000 (0) 100,000 4,342,923 24,173 4,367,096 4,342,923 24,173 4,367,096 100,000
Arterial Street - 0 0 1,523,500 - 1,523,500 1,523,500 1,523,500 0
'Utility Tasc 2,920,158 S1Q515 3,430,673 12,576,000 12,576,000 12,886,357 12,886,357 3,120,316
Solid Waste/Recycling 135,093 (1,870) 133,223 414,120 414,120 420,575 - 420,575 126,768
j Special Contract/Studies - - - - _ _ _ _
'HoteUMotell.odgngTax - 2,157 2,157 161,300 8,400 169,700 161,300 5,330 166,630 5,227
'� 2% for the Arts - (0) (0) - - - (0)
'Federal Way Comm. Cente 778,961 110,376 889,337 2,264,622 - 2,264,622 2,177,404 - 2,U7,404 976,555
Traffic Safety 105,288 303,232 408,520 830,000 830,000 830,000 - 830,000 408,520
Grants - CDBG - - 173,179 - 173,179 173,179 - 173,179 -
Paths and Trails 140,768 3,593 144,361 163,000 - 163,000 155,000 - 155,000 152,361
Debt Service Fund 2,662,878 463,821 3,126,699 1,830,000 - 1,830,000 2,182,669 2,182,669 2,774,030
Capital Project Funds:
Downtown Redevelopment 2,976,204 (884,647) 2,091,557 - - - - 2,091,557
' City Facilities 2 2 _ _ _ Z
Pazks 9�4,005 94 904,099 430,000 430,000 375,000 - 375,000 959,099
'SWM 1,574,233 (289,587) 1,284,646 68Q000 68Q000 860,714 - 860,714 1,103,932
' Streets 6,085,793 78,535 6,164,328 7,022,000 - 7,022,000 11,269,000 - 11,269,000 1,917,328
Enterprise Fund:
SurfaceWaterMana�ment 1,843,103 382,788 2,225,891 3,302,505 (1,372) 3,301,133 3,571,814 (1,372) 3,570,442 1,956,582
'Dumas Bay Center 88,171 (84,871) 3,300 635,732 - 635,732 625,126 - 625,126 13,906
Internal Service Funds:
RiskMana�ment 5,077,573 (225,791) 4,851,782 769,268 769,268 1,049,268 (300,000) 749,268 4,871,782
'InformationSystems 3,154,560 127,021 3,281,581 2,ll6,598 (105,479) 2,011,119 2,046,612 (93,511) 1,953,101 3,339,599
! Support Serviees 320,664 (35,225) 285,439 182,087 182,087 208,056 208,056 259,470
'Fleet &Equipment 5,002,839 173,395 S,ll6,234 2,212,185 183,517 2,395,702 1,704,777 186,376 1,896,153 5,675,783
' Buildinffi & Furnishings 1,494,729 9,009 1,503,738 552,059 3,211 555,270 446,426 3,211 449,637 1,609,371
To Fun�ls $ 40,446,846 S 2,499,730 542,946,576 $ 80,648,889 S 112,650 _$80,761,539 $ 87,762,913 .8 (145,419) $87,517,510 � 36,190,605
Ordinance No. 11- Page S of 7
Rev 1/10
EXHIBIT B (1)
2011 REVISED BUDGET
BeginntngFundBnlance ' Revenke Expenddture Ending
Fund PdorAmount Adjushnent Revised PriorAmount Adju�ment Revlsed PriorAmount ' Adjustme�rt Revised FundBalance
General Fund $ 8,438,117 $ (0) $ 8,438,116 $ 44,030,902 $ 753,101 $ 44,784,003 $ 45,530,009 $ (1,114,767) $ 44,415,242 $ 8,&06,877
Special Revenue Funds:
Street ]00,000 - 100,000 4,605,453 103,888 4,709,341 4,605,453 103,888 4,709,341 ]00,000
ARerial Street 561,374 0 561,375 1,513,500 62Q000 2,133,500 2,074,874 32Q000 2,394,874 300,001
Utility TaY 3 (0) 3,71Q180 12,496,000 326,000 12,822,000 12,775,508 12,775,508 3,756,672
Solid Waste/Recycling 135,098 0 135,098 413,243 8,581 421,824 415,118 15,000 43Q118 126,804
Special Contract/Studies 557,474 - 557,474 557,474 557,474
Hotel/Motel LodgjngTaY 215,657 0 215,657 159,000 - 159,000 372,500 372,500 2,157
2% forthe ARs 293 (0) 293 - - 293 293 (0)
FW Community Center 780,754 0 780,755 2,251,422 2,251,422 2,142,839 8,883 2,151,722 880,455
Traffic Safety 833,520 0 833,520 83Q000 830,000 1,255,000 1,255,000 408,520
Grants - CDBG - 171,090 1,702,279 1,873,369 171,090 1,702,279 1,873,364 -
Paths and Trails 136,361 0 136,362 161,000 - 161,000 153,000 153,000 144,362
Debt Service Fund 3,379,425 3,379,425 1,830,000 500,000 2,330,000 2,082,726 - 2,082,726 3,626,699
Capital Project Funds:
Downtown Redevelopment 3,005,806 0 3,005,806 3Q590 (4,647) 25,943 944,839 - 944,839 2,086,910
City Facilities 642,584 34,999 677,583 850,000 (35,000) 815,000 1,492,582 1,492,582 1
Pazks 2,293,804 (0) 2,293,804 428,000 428,000 1,817,705 1,817,705 904,099
SWIv1 2,542,243 (0) 2,542,243 563,342 1,480,067 2,043,409 1,820,939 2,450,000 4,270,939 314,713
Transportation 20,101,247 0 20,101,247 15,787,238 1,317,637 17,104,875 29,724,157 1,247,637 3Q971,794 6,234,328
Enterprise Fund:
Surface Water Mana�ment 2,274,261 (0) 2,274,260 3,588,427 33,518 3,621,945 3,636,796 524,757 4,161,553 1,734,652
Dumas Bay Center 146,982 0 146,982 629,318 65,000 694,318 773,000 (14,300) 758,700 82,600
Internal Service Funds:
Risk Management 5,431,782 (0) 5,431,781 1,214,573 113,500 1,328,073 1,794,573 113,500 1,908,073 4,851,781
Information Systems 3,241,810 0 3,241,811 2,138,145 - 2,138,145 2,098,374 2,098,374 3,281,582
Support Services 312,408 (0) 312,408 193,087 (IQ000) 183,087 220,056 (10,000) 210,056 285,439
Fleet & Equipment 4,867,454 (0) 4,867,453 2,342,057 13,500 2,355,557 2,033,277 64,812 2,098,089 5,124,921
Buildings&Furnishings 1,463,970 0 1,463,970 1,142,372 19,968 1,162,340 1,102,605 75,066 1,177,671 1,448,640
TolnlAllFunds S 65,172,586 $ 34,999 $65,207,585 S 97,368,J59 S 7,007,392 $104,376,151 $ 119,594,773' S 5,486755 5125,081,542 S 44,502,212
Ordinance No. 11- Page 6 of 7
Rev 1/10
EXHIBIT B (2)
2012 RF,ViSF.D RIJnGF.T
Beginning Funr[ Bnlance Revenue Ezpenditure �n�ling
Fund PriorAmount Adjusdnent ' Revised PriorAmnunt A�ljustment Revised ' PrtorArRmunt ' Adjustment Revdsed FundBalance
Geaeral Fund $ 6,939,009 $ 1,867,868 $ 8,806,877 $ 38,468,011 $ 1,571,986 $ 4Q039,997 $ 40,678,603 $ 1,685,743 $ 42,364,346 $ 6,482,527
Special Revenue Funds:
Street 100,000 1OQ000 4,367,096 155,615 4,522,711 4,367,096 155,615 4,522,711 100,000
'Arterial Street 0 300,000 300,001 1,523,500 1,523,500 1,523,500 300,000 1,823,500 1
'Utility Ta�c 3,430,673 326,000 3,756,672 12,576,000 (I50,000) 12,426,000 12,886,357 - 12,886,357 3,296,315
!Solid Waste/Recycling 133,223 (6,419) 126,804 414,120 20,736 434,856 42Q575 20,736 441,311 120,349
, Special Contract/Studies - - - - -
'Hotel/MotelLodgingTax 2,157 0 2,157 169,700 - 164,700 166,630 166,630 5,227
' 2% for tha Arts � (0) (0) (0) - - (0)
' Federal Way Comm. Cente 889,337 (8,883) 88Q455 2,264,622 - 2,264,622 2,177,4�4 46,590 2,223,994 921,083
I Traffic Safety 408 0 408,520 83Q000 830,000 830,000 830,000 408,520
' Grants - CDBG - - 173,179 778,674 951,853 173,179 778,674 951,853 -
Paths and Trails 144,361 0 144,362 163,000 - 163,000 155,000 155,000 152,362
DebtService Fund 3,126,699 500,000 3,626,699 1,830,000 500,000 2,330,000 2,182,669 - 2,182,669 3,774,030
Capital Project Funds:
!DowntownRedevelopment 2,091,557 (4,647) 2,086,910 - - - 2,086,910
'City Facilities 2 (1) 1 - - 1
' Parks 904,099 (0) 904,099 430,000 - 430,000 375,000 375,000 959,099
`SWM 1,284,646 (969,933) 314,713 680,000 - 680,000 860,714 860,714 133,999
'Streets 6,164,328 70,000 6,234,328 7,022,000 7,022,000 11,269,000 (70,000) 11,199,000 2,057,328
Enterprise Fund:
' Surface Water Management 2,225,891 (491,239) 1,734,652 3,301,133 3,301,133 3,570,442 9,000 3,579,442 1,456,343
' Dumas Bay Center 3,300 79,300 82,600 635,732 92,500 728,232 625,126 175,000 80Q126 10,706
Internai Service Funds:
RiskMana�ment 4,851,782 (0) 4,851,781 769,268 204,178 973,446 749,26& 204,178 953,446 4,871,781
':Information Systems 3,281,581 0 3,281,582 2,011,119 34,000 2,045,119 1,953,101 52,000 2,005,101 3,321,600
' Support Services 285,439 (0) 285,439 182,087 (20,000) 162,087 208,056 (2Q000) 188,056 259,470
'Fleet&Equipment 5,176,234 (51,312) 5,124,921 2,395,702 82,678 2,478,380 1,896,153 23Q448 2,126,601 5,476,700
'Buildings & Furnishings 1,503,738 (55,098) 1,448,640 555,270 SSS,270 449,637 449,637 1,554,273
Totn1 All Funds S 42,946,376 S' 1,SSS,636 a44,502,212 S 80,761,539 S 3,270,367 t84,031,906 S ST,317,494 S 3,567,984 591,083,J94 3' 37,448,624
Ordinance No. I 1- Page 7 of 7
Rev 1/10
COUNCIL MEETING DATE: November 29, 2011
CITY OF FEDERAL WAY
CITY COUNCIL
AGENDA BILL
ITEM #: •3 �
SUS�C�': 2012 Property Tax Levy
POLICY QUESTION Should the City Council adopt the 2012 Property Ta1c Levy based on the proposed budget�
COMMITTEE: NA
CATEGORY:
❑ Consent
❑ City Council Business
STAFF REPORT BY: Tho
� Ordinance
❑ Resolution
Finance Director
ATTACHMENTS Draft 2012 Property Tax Levy Ordinance
MEETING DATE: Various
❑ Public Hearing
❑ Other
DEPT:'Finance
SUMMARYBACKGROUND The City Council heid public hearings on November 15 and December 6 on the proposed
2011/12 mid-biennium budget adjustment and 2012 proposed Property Tax Levy. The 2012 proposed Property Tax
Levy is based on the I% growth limit plus new construction as authorized by state statute. Based on preliminary
information from the King County Assessor, this would result in an increase in the t� rate from $1.20 to approximately
$130 per $1,000 of assessed vatuation.
OPTIONS:
l. Approve the attached draft 2Q12 Property TaY Levy Ordinance.
2. Deny approval of the attached draft 2012 Property Tax Levy Ordinance and provide direction to staff.
MAYOR RECOMMENDATION:
MAYOR APPROVAL: I'�I/A �y� DIRECTOR APPROVAL N/A �
Committee Co cil Committee Gouncil
COMMITTEE RECOMMENDATION N/A
PROPOSED COUNCIL MOTIONS:
1 READING OF ORDINANCE 11/29/2011 "I move to forward approval of the ordinance to the 12/6/2011 Council
Meeting for adoption "
2 READING OF ORDINANCE 12/6T20I 1 : "I move approval of the proposed ordinance. "
(BELOW TO BE COMPLETED BY CITY CLERKS OFFICE)
COUNCIL ACTION: n
❑ APPROVED COUNCIL BILL # �_l 2
❑ DENIED 1 reading
❑ TABLED/DEFERRED/NO ACTION Enactment reading
'❑ MOVED TO SECOND READING (ordrnances only) ORDINANCE #
REVISED- 02/O6/2006 RESOLUTION #
�RDINANCE NO.
AN ORDINANCE OF THE CITY COU1r1CIL O�F THE CITY OF
FEDERAL WAY, WASHINGTON, FIXING THE PROPERTY
TAX AMOUNT FOR THE YEAR OF 2012.
WHEREAS, the City Council of the City of Federal Way has met and reviewed all revenue
sources and examined all anticipated expenses and other obligations for the 2011/12 biennitim; and
WHEREAS the City Council, in the course of cansidering the biennium budget,
conducted public hearings on November I5, 201 l, and December 6, 2011 for the proposed
property tax levy for 2012, and proposed revenues and expenditures for the biennium; and
WHEREAS, the City Council, after hearing and duly considering aIl relevant evidence
and testimony, determined that it is necessary and advisable to authorized an increase in regulaz
property t� consistent with the limit factor prescribed by RCW 84.55.101 to discharge the
expected expenses and obligations of the City; and
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF FEDERAL WAY,
WASHINGTON, DO ORDAIN AS FOLLOWS:
Section 1. Lev . There shall be and there is hereby levied against the property in the
City of Federal Way, Washington, a municipal regular property tax for the year 2012 for the
purposes of paying expenses and discharge obligations of the City in the amount of$10 Million,
Seven Hundred Thousand Dollars ($10,700,Q00).
The levy amount includes (1} an increase in property tax revenue from the previous year of
Sixty-three Thousand Nine Hundred and Fifty Dollars ($63,950) or point sixty-five percent (0.65%),
Ordinance No. l l- Page 1 of 3
(2} new construction and improvements to property, (3) any increase in the value af state assessed
property, and (4) amaunts authorized by law as a result of any annexations that have occurred, as
well as appiicable refunds already made.
Section 2. Severabiiitv. The provisions of this ordinance are declared separate and severable.
The invalidity of any clause, sentence, paragraph, subdivision, section, or portion of this ordinance
or the invalidity of the application thereof to any person or circumstance, shall not affect the validity
of the remainder of the ordinance, or the validity of its application to other persons or circumstances.
Section 3. 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, ardinance numbering, section/subsection numbers and any
references thereto.
Section 4. Ratification. Any act consistent with the authority and prior to the effective
date of this ordinance is hereby ratified and affirmed.
Section 5. Effective Date. This ordinance shall take effect and be in force five (5) days from
and after its passage and publication, as provided by law.
Ordinance No. l l- Page 2 of 3
PASSED by the City Councii of the City of Federal Way this day of
2011.
CITY OF FEDERAL WAY
MAYOR, SK.IP PRIEST
ATTEST:
CITY CLERK, CAROL MCNEILLY, CMC
APPROVED AS TO FORM:
CITY ATTORNEY, PATRICIA A. RICHARDSON
FILED WITH THE CITY CLERK:
PASSED BY THE CITY COUNCIL:
PUBLISHED:
EFFECTIVE DATE:
ORDINANCE NO.:
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