HomeMy WebLinkAboutCity Council Committees - Operations - 04/01/2014 KENT
WASHINGTON
OPERATIONS COMMITTEE MINUTES
April 1, 2014
Committee Members Present: Dana Ralph and Bill Boyce.
The meeting was called to order by D. Ralph at 4:02p.m.
1. APPROVAL OF MINUTES DATED MARCH 18, 2014.
B. Boyce moved to approve the Operations Committee minutes dated March 18, 2014. D.
Ralph seconded the motion with concurrence from L. Thomas, which passed 3-0.
2. APPROVAL OF CHECK SUMMARY REPORTS DATED 3/1/2014 THROUGH
3/15/2014.
B. Boyce moved to approve the check summary reports dated 3/1/2014 through
3/15/2014. D. Ralph seconded the motion with concurrence from L. Thomas and it passed
3-0.
3. CONSOLIDATING BUDGET ADJUSTMENT ORDINANCE FOR ADJUSTMENTS
BETWEEN JULY 1, 2013 AND DECEMBER 31, 2013 - APPROVE.
P. Barry presented the Consolidating Budget adjustment ordinance for approval. An overall increase
of $37,489,759 was approved by the Council. It included the King County Interlocal Agreement for
Briscoe/Desimone Levee totaling $18,000,000, LTGO Refunding totaling $11,380,320, and
Washington State Auto Theft Prevention Grant for $1,614,000. The amount not yet approved by
Council is an overall increase of $804,542. This increase is due to ShoWare Debt Service, King
County Open Space Levy and Light Pole Lease Revenues.
B. Boyce moved to approve the consolidating budget adjustment ordinance for
adjustments made between July 1, 2013 and December 31, 2013, reflecting an
overall budget increase of $38,284,176. D. Ralph seconded the motion with
concurrence from L. Thomas, which passed 3-0.
4. FINANCIAL SUMMARY REPORT AS OF DECMEBER 31, 2013 —INFORMATION ONLY.
P. Barry informed that we ended the year well, consistent with latest Budget Projections. The
revenues ended the year approximately $2.1 million over budget. Sales Tax and Utility Tax were
both above budget for the year end. Building Permits were 12% above budget and Plan Check Fees
were 14% above budget. The city was able to end the year 2.5% below expenditures. City
departments have been very frugal with their budgets, so that helped with the savings. The City
collected over $5 million in B&O Tax.
The meeting was adjourned at 4:27 p.m. by D. Ralph.
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Satwinder Kaur
Operations Committee Secretary