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Council PKT 10-30-2013 SpecialCITY OF Federal Way AGENDA FEDERAL WAY CITY COUNCIL SPECIAL MEETING Council Chambers - City Hall October 30, 2013 6:00 p.m. www.cityoffederalway.com 1. CALL MEETING TO ORDER 2. PUBLIC HEARING (continued from Oct. 29th Council Meeting) a. 2013 -14 Biennial Budget Adjustment / Property Tax Rate Staff Presentation • Public Comment • Council Discussion 3. ADJOURNMENT COUNCIL MEETING DATE: October 30, 2013 CITY OF FEDERAL WAY CITY COUNCIL AGENDA BILL SUBJECT: 2013/14 MID - BIENNIUM BUDGET ADJUSTMENT, PUBLIC HEARING POLICY QUESTION: N/A COMMITTEE: N/A ITEM #: 2, MEETING DATE: N/A CATEGORY: ❑ Consent ❑ Ordinance ® Public Hearing ❑ City Council Business ❑ Resolution ❑ Other STAFF REPORT BY: Bob Noland. Interim Finance Director DEPT: Finance ATTACHMENTS: Budget Calendar SUMMARY/BACKGROUND: 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 of the biennium. Staff has presented to Council the recommended adjustments and Council has commenced the budget deliberation process and is accepting comments from the public at this meeting. The public hearing was continued from the 10/29/2013 Council meeting. Options Considered: N/A MAYOR'S RECOMMENDATION: N/A MAYOR APPROVAL: DIRECTOR APPROVAL: Committee Co U40 -Utiiie COMMITTEE RECOMMENDATION: N/A PROPOSED COUNCIL MOTION: N/A (BELOW TO BE COMPLETED BY CITY CLERKS OFFICE) COUNCIL ACTION: ❑ APPROVED COUNCIL BILL # ❑ DENIED 1ST reading ❑ TABLED/DEFERRED/NO ACTION Enactment reading ❑ MOVED TO SECOND READING (ordinances only) ORDINANCE # REVISED — 08/12/2010 RESOLUTION # CITY OF FEDERAL WAY CITY COUNCIL 2013/2014 MID - BIENNIUM BUDGET ADJUSTMENT MEETINGS The following is the meeting schedule to consider the City of Federal Way's 201' )/14 Mid - Biennium Budget Adjustment: OCTOBER 15, 2013 - REGULAR MEETING - 7:00 PM • PUBLIc HEARING (required by RCW 35A.34) 2013/14 Biennial Budget/Property Tax Rate OCTOBER 29 & 30, 2013 - SPECIAL MEETINGS - 6:00 PM (October 30`h only if needed) • Public Hearing Continued • Council Study Session on the 2013/14 Mid - Biennium Budget Adjustment NOVEMBER 19, 2013 - REGULAR MEETING - 7:00 PM • PUBLIC HEARING CONTINUED — 2013/14 Biennial Budget/Property Tax Rate • Introduction Ordinance — 2013/14 Mid - Biennium Budget Adjustment Introduction Ordinance — 2014 Property Tax Ra,-';. •_ .�_ .. DECEMBER 3, 2013 - REGULAR MEETING - 7:00 PM • Enactment Ordinance — 2013/2014 Mid - Biennium Budget Adjustment • Enactment Ordinance — 2014 Property Tax Rate • Resolution/Fee Schedule 2014 Amendment All meetings will be held at City Hall, 33325 — 8th Avenue South, Federal Way, Washington. CITIZEN COMMENTS WILL BE ACCEPTED AT ALL BUDGET MEETINGS.