HomeMy WebLinkAboutCity Council Meeting - Council Workshop - Minutes - 07/07/2020
Approved
City Council Workshop
Workshop Regular Meeting
Minutes
July 7, 2020
Date: July 7, 2020
Time: 5:02 p.m.
Place: THIS IS A REMOTE MEETING
I. CALL TO ORDER
Council President Troutner called the meeting to order.
Attendee Name Title Status Arrived
Toni Troutner Council President Present
Bill Boyce Councilmember Present
Brenda Fincher Councilmember Present
Satwinder Kaur Councilmember Present
Marli Larimer Councilmember Present
Zandria Michaud Councilmember Present
Les Thomas Councilmember Present
Dana Ralph Mayor Present
II. PRESENTATIONS
1 2021-2022 Biennial Budget Review Paula Painter 60 MIN.
Finance Director, Paula Painter presented the 2021-2022 Biennial Budget
Review.
Painter advised of recent budget reductions made by departments during
April and May and indicated that because staff focused on those reductions,
work on the 2021-2022 Biennial Budget was delayed.
Reductions have been moved forward to the baseline reductions for 2021-
2022.
Painter indicated revenue is difficult to predict due to the lag in revenue
received. Painter reviewed all the Governmental Funds Revenue, including
comparisons from 2018-2021/2022 forecasts.
o Property Tax is a reliable revenue source and continues to grow.
o Sales Tax - During 2020, Kent received 6 months of annexation sales tax
revenue that goes away in 2022.
o Utility Tax - A portion is allocated to the Capital Resources Fund to pay off
internal debt. The debt will be paid off in 2020.
· The solid waste, electric and telephone budgets has been underfunded
in the past.
· Cable utility tax - The General Fund has been receiving a portion of the
utility tax for annexation and will be moved into the IT fund
City Council Workshop Workshop Regular
Meeting
Minutes
July 7, 2020
Kent, Washington
Page 2 of 2
o B&O Tax forecast - 2022 The increase is due to a rate increase for square
footage tax effective 1/1/20 - Staff will adjust as revenues come in.
o Real Estate Excise Tax - Underbudget because REET is one-time revenue
o Other Taxes
o State Shared Revenue - Waiting to see what happens. Anticipate coming in
below budget. The drop in 2021 is due to the reduction in streamlined sales
tax mitigation dollars
o Licenses & Permits
o Charges for Services
o Fines and Forfeitures
o Miscellaneous Revenues
Painter reviewed General Fund Expenditures for 2021 and 2022. COLA/CPI,
Medical, Supplies, and Services were reviewed.
Painter reviewed the budget calendar that started today with a budget kick
off meeting with City staff and goes until November 17, 2020 where the
budget-related documents are anticipated to be adopted.
The Council expressed an interest in having a mini retreat to obtain updated
details on the proposed budget.
Meeting ended at 5:48 p.m.
Kimberley A. Komoto
City Clerk
2021-22 Budget Preview
Governmental
Funds Revenue
2018 2019 2020 2021 2022
Revenue Actual Actual Budget Forecast Forecast
Property Tax 29.97 30.73 30.46 31.54 31.85
Sales Tax 33.16 36.40 29.01 26.68 27.45
Utility Tax 29.82 30.60 30.16 30.86 31.10
B&O Tax 9.42 13.00 14.90 14.90 17.00
Real Estate Excise Tax 7.69 9.59 3.40 3.50 3.50
Other Taxes 1.07 0.96 0.90 0.87 0.88
Fuel Tax 2.75 2.72 2.79 2.65 2.66
State Shared/Intergov 7.44 7.11 6.65 2.86 3.08
Licenses & Permits 8.12 8.03 8.03 7.58 7.64
Charges for Services 9.10 11.58 7.02 7.20 7.31
Fines & Forfeitures 2.65 3.81 4.56 4.45 4.46
Miscellaneous Revenues 2.93 4.70 3.02 2.88 2.88
Total 144.12$ 159.24$ 140.88$ 135.95$ 139.80$
General Fund Revenues
2018 2019 2020 2021 2022
Revenue Actual Actual Budget Forecast Forecast
Property Tax 29.97 30.73 30.46 31.54 31.85
Sales Tax 24.70 27.12 20.85 18.20 18.80
Utility Tax 19.29 19.60 19.28 20.87 21.01
B&O Tax 9.42 13.00 14.90 14.90 17.00
Other Taxes 1.07 0.96 0.90 0.87 0.88
Licenses & Permits 7.56 7.48 7.49 7.04 7.11
State Shared/Intergov 7.92 6.65 2.97 2.69 2.89
Charges for Services 6.60 8.00 6.28 6.47 6.57
Fines & Forfeitures 1.36 1.29 1.15 1.03 1.03
Miscellaneous Revenues 2.64 3.59 2.45 2.31 2.31
Total 110.53$ 118.42$ 106.71$ 105.92$ 109.44$
General Fund Expenditures
Expenditures 2021 2022
COLA/CPI 2.0%2.5%
Medical 3.5%5.0%
Supplies 2.0%2.0%
Services 2.0%2.0%
Assumption
Budget Calendar
•Department Budget Presentations
Council Workshop (Special Saturday)
•Requests and Questions
Council Workshop
•Public Hearing –2021 Property Tax Levy
•2nd Public Hearing –2021-22 Biennial Budget and 2021-2026 CIP
Council Meeting
•Final Decisions
Council Workshop (Special)
•2021-22 Budget Recommendation
Committee of the Whole
•Adopt 2021 Property Tax Levy
•Adopt 2021-22 Biennial Budget
•Amend Comp Plan for 2021-2026 Capital Improvement Plan
Council Meeting
Budget Kickoff Meeting
Departments Prepare/Review Budgets
Department Baseline Meetings with Finance
•Review and discuss operating and capital requests
ELT Budget Retreat
•1st Public Hearing –
•2021-22 Biennial Budget and 2021-2026 CIP
Council Meeting
•Mayor’s Budget Message
Council Meeting (Special)
•Budget Overview, General Fund and Other Funds baseline
discussion; significant changes
Council Workshop (Special)
•Other funds baseline discussion; significant changes
Council Workshop (Special –if needed)
July 7
July 8-22
Sept 15
Aug 20-21
Oct 27
Oct 20
Oct 10
Oct 20
Nov 10
Nov 17
July 23 –Aug 5
Sept 29
Sept 29
Oct 1