Council MIN 11-07-2017 SpecialFederal Way
CITY COUNCIL
SPECIAL MEETING /STUDY SESSION MINUTES
Council Chambers - City Hall
November 7, 2017— 5:00 p.m.
1. CALL MEETING TO ORDER
Mayor Ferrell called the meeting to order at5:02 p.m.
City officials in attendance: Mayor Jim Ferrell, Deputy Mayor Jeanne Burbidge,
Councilmember Lydia Assefa- Dawson, Councilmember Bob Celski, Councilmember Susan
Honda, Councilmember Mark Koppang, Councilmember Martin Moore and Councilmember
Dini Duclos.
City staff in attendance: City Attorney Ryan Call and City ark Stephanie Courtney.
Mayor Ferrell led the flag salute.
2. STUDY SESSION
a. 2017/2018 Mid - Biennial Budget Adjustment & 2018 Property Tax Rate
• Staff Presentation
Finance Director Ade Ariwoola gave a presentation to Council regarding the 2017 Budget
Adjustment. He included information on the Carry Forward (Fund balance) of $13.21m; new
expenditures $18.44m; and new revenue $11.41m.
Mr. Ariwoola reported the total of the new revenue is $11,413,462 bringing the total revenue
to $145,920,380. Total spending is $161,916,260 which includes the unspent amount from
2016 and the new revenue from 2017. He reviewed details on adjustment for the following
funds:
• General Fund
• Street Fund
• Utility Tax Fund
• Federal Way Community Center fund
• Traffic Safety Fund
• Real Estate Excise Tax (REET) Fund
• Performing Arts and Event Center (PAEC) operating fund
• Transportation Benefit District Fund (this fund has a zero balance, as this program
was not implemented in 2017 as projected)
Federal Way City Council Special Minutes Page 1 of 2
November 7, 2017
• Downtown Redevelopment Fund, and
• Transportation Capital Improvement Fund.
In conclusion Mr. Ariwoola stated the proposed changes are within the current approved
fund balance policy. Staff will bring forth changes to the 2018 budget early next year,
however the current proposed ending fund balance will fund part of 2018.
• Citizen Comments
Jim Stiles requested a specific budget line item and ongoing funding for the Utility Box Mini -
mural Program (Traffic Graphics) run by the Arts Commission. His request is for $8,000
annually to allow for the transformation of four to five boxes per year.
Suzanne Vargo questioned where the matched money for Forterra is located within the
budget.
Mayor Ferrell noted the city is waiting on word from the State Legislature due to the
fact the capital budget which wasn't approved, included $1 million allocation for the
Performing Arts and Event Center and $250,000 allocation for Forterra.
Cheryl Hurst requested reduced rental fees at the Performing Arts and Event Center for
Federal Way non - profit organizations, similar to what is provided at the Community Center.
She would also like to see the city work with King County to have them contract Federal
Way Police Officers to facilitate faster response times by police in unincorporated areas.
• Council Discussion /Questions
Councilmembers thanked Mr. Ariwoola for this budget presentation and asked various
clarifying questions regarding the information covered.
3. ADJOURNMENT
There being nothing further on the agenda; Mayor Ferrell adjourned the Special Meeting at
5:50 p.m.
Attest:
32'Lldt
S''•h:nie Courtney
City Clerk
Approved by Council:
Federal Way City Council Special Minutes Page 2 of 2
November 7, 2017