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HomeMy WebLinkAboutCity Council Committees - Operations Committee - 10/17/2017 (2) Unless otherwise noted, the Operations Committee meets at 4 p.m. on the first and third Tuesday of each month in Kent City Hall, Council Chambers East, 220 Fourth Ave S, Kent, WA 98032. For additional information please contact Jennifer Hays at 253-856-5700, or via email at jhays@KentWA.gov. Any person requiring a disability accommodation should contact the City Clerk’s Office at 253-856-5725 in advance. For TDD relay service call Washington Telecommunications Relay Service at 1-800-833-6388. Operations Committee Agenda Councilmembers: Bill Boyce – Les Thomas – Dana Ralph, Chair October 17, 2017 4 p.m. Item Description Action Speaker Time Page 1. Call to order Chair Ralph 1 2. Roll Call Chair Ralph 1 3. Changes to the Agenda Chair Ralph 1 4. Approval of Check Summary Report dated 9/16/17 thru 9/30/17 YES Chair Ralph 5. Approval of Minutes dated October 3, 2017 YES Chair Ralph 2 1 6. Port of Seattle Partnership Agreement - Recommend YES Lori Guilfoyle 10 3 7. 3rd Quarter Procurement Report – Information Only NO Derek Matheson 5 15 8. Square Footage Tax Increase – Information Only NO Aaron BeMiller 10 19 9. August Financial Report – Information Only NO Aaron BeMiller 5 31 10. Director’s Report – Information Only NO Aaron BeMiller 5 49 This page intentionally left blank Operations Committee Minutes Approval Pending Page 1 of 2 Date: October 3, 2017 Time: 4:00 p.m. Place: Chambers East Attending: Bill Boyce, Les Thomas and Dana Ralph, Chair Agenda: 1. Call to Order. 2. Roll Call. 3. Changes to the Agenda. There were no changes to the agenda. 4. Approval of Check Summary Reports dated 9/1/2017 thru 9/15/2017. L. Thomas moved to approve the check summary report dated 9/1/2017 thru 9/15/2017. B. Boyce seconded the motion, which passed 3-0. 5. Approval of Meeting Minutes dated September 19, 2017. B. Boyce moved to approve the Operations Committee meeting minutes dated September 19, 2017. L. Thomas seconded the motion, which passed 3-0. 6. Interagency Agreement to apply for and use grant funding for DUI operations and training - Recommend. Chief Prosecuting Attorney Tami Perdue asked to allow the Kent Municipal Court (KMC) to enter into an interagency agreement with the Washington Traffic Safety Commission. The one-year grant request will be used to cover operational costs of the DUI court; will reimburse expenses of KMC, city prosecutors, public defenders, and probation officers. • $10,540: 2018 NADCP Conference, Houston TX • $20,000: Alcohol and Drug Assessments • $69,123: Urinalysis Testing equipment and sample testing • $15,600: Interpreter costs  $27,456: Non-benefited 24 hour per week employee to assist with UA collection and case management  $1000: Bus passes and transportation costs  $500: Recognition and Rewards The 2016 grant request expired September 31, lasted nine months, and was mostly used to start the DUI court. Currently, there are eight participants with another 21 possible candidates. 1 Operations Committee Minutes Approval Pending Page 2 of 2 L. Thomas moved to recommend council authorize the Mayor to sign an interagency agreement, also to be signed by the Presiding Judge, between the Washington Traffic Safety Commission and Kent Municipal Court, subject to final contract terms and conditions acceptable to the city attorney and Kent Municipal Court. B. Boyce seconded the motion, which passed 3-0. 7. Director’s Report – Information Only. Finance Director Aaron BeMiller updated members on the potential 2009 combined utility system revenue bond refunding that may take place before the end of this year. The bond was originally sold to provide funding mechanisms to various water and sewer projects and is being payed 50/50 between those two funds. The bond is a Build America Bond which gives the City a yearly benefit credit. Crossover refunding will be used which means if the City chooses to refund the bond the City will continue to pay on that bond for the next two years to be eligible to receive the benefit credits. Over the next 12 years the City can potentially save $620,000. Also being considered is private placement. Private placement is when banks are sought out for the best deal. Next steps include bringing the introduction of the bond ordinance to a near future Operations Committee and then to full Council. 8. Adjournment. Mayor Cooke introduced Kevin Liu to committee members; Chair Ralph has known Kevin for a number of years through the Kent Sister City program and her son. He is in his senior year at Kentridge High School and has decided to pursue a career in political science and is interested in international government. Kevin participated in a job shadow with Mayor Cooke for the day. The meeting was adjourned at 4:15 p.m. by D. Ralph. J. Hays Jennifer Hays Operations Committee Secretary 2 Parks, Recreation and Community Services Department Director Julie Parascondola, CPRP Phone: 253-856-5100 Address: 220 Fourth Avenue S. Kent, WA. 98032-5895 TO: Operations Committee DATE: October 10, 2017 FROM: Lori Guilfoyle, Human Services Planner SUBJECT: Port of Seattle Partnership Agreement - Recommend MOTION: Recommend Council authorize the Mayor to enter into a Partnership Agreement with the Port of Seattle to accomplish the scope of work and deliverable in Exhibit A – the Project. SUMMARY: Port Commission of the Port of Seattle established the Economic Development Partnership Program, to advance the Port’s Century Agenda, promote a dramatic growth agenda, support the creation of middle class jobs and help address the lack of economic development funding for local projects. Through an application process, the City received a $65,000 grant from the Port to establish, in partnership with the Aerospace Joint Apprenticeship Committee (AJAC), a Manufacturing Resource Center in Kent to prepare low income residents for careers in advanced manufacturing. AJAC will: a. Implement a one stop center for manufacturing job seekers and employers in the Kent Industrial Valley region; b. create coordinated intake, screening and referral; c. provide tution free training; d. engage employers; and e. establish a suite of services for logistics. Exhibits: Partnership Agreement Budget Impact: The grant requires a 50 percent match which is provided by Economic and Community Development. 3 This page intentionally left blank 4 Contract S-00319168 Economic Development Partnership Agreement Between the Port of Seattle and the City of Kent Page 1 of 9 ECONOMIC DEVELOPMENT PARTNERSHIP AGREEMENT BETWEEN THE PORT OF SEATTLE AND THE CITY OF KENT This Economic Development Partnership Agreement (the “Agreement”) is made and entered into as of November _______, 2017, by and between the Port of Seattle (the “Port”) and the City of Kent (“City”), both municipal corporations of the State of Washington (each, a “Party” or, collectively, the “Parties”). R E C I T A L S WHEREAS, engaging in the promotion of economic development is a recognized Port purpose authorized under RCW 53.08.245; and WHEREAS, RCW 35.21.703 similarly authorizes cities to engage in economic development programs; and WHEREAS, RCW 53.08.240(2) permits the Port to contract with another municipality to perform such undertakings each is authorized to perform; and WHEREAS, the Port Commission of the Port of Seattle established the Economic Development Partnership Program (the “Program”), to advance the Port’s Century Agenda, promote a dramatic growth agenda, support the creation of middle class jobs and help address the lack of economic development funding for local projects; and WHEREAS, grant funding across the region is very limited for cities that want to pursue economic development projects or initiatives, and Washington State has not had an economic development grant program for over 20 years; and WHEREAS, the Program will provide 38 King County cities per capita funding to advance local economic development throughout the region, and requires a 50% local match by the cities that receive the grants; and WHEREAS, the Program will help the Port advance regional economic vitality through focused partnerships with King County cities; and 5 Contract S-00319168 Economic Development Partnership Agreement Between the Port of Seattle and the City of Kent Page 2 of 9 WHEREAS, the Program will make grants to cities that pursue programs and projects that stimulate business development, job creation and community revitalization, such as small business development, industry retention and expansion, and other economic development projects that support new investment and job creation; NOW, THEREFORE, the Parties agree as follows: 1. Purpose. The purpose of this Agreement is to establish a contractual arrangement under which the Port will pay the City Program funds in the amount set forth on Section 2 solely for the purpose of carrying out the local initiative described in Exhibit A, attached and incorporated hereto by this reference (the “Project”). This Agreement shall be interpreted in furtherance of this purpose. 2. Responsibilities of the Port. The Port shall contribute Sixty-Five Thousand and 00/100 Dollars ($65,000.00) (the “Grant Funds”) to assist the City in funding the Project. The Port shall disburse the Grant Funds to the City no later than thirty (30) days after receipt of a complete and correct invoice detailing those Project deliverables completed in accordance with Exhibit A. Subject to the requirements of this Section and of Section 18 (where applicable), the Port shall make the final payment of the Grant Funds to the City no later than July 1, 2018, or receipt of the final report, whichever occurs later. 3. Responsibilities of the City. 3.1 The City shall contribute local funds equivalent to at least fifty percent (50%) of the Grant Funds towards the Project. 3.2 The City may contract with local non-profits to complete the Project or elements of the Project; provided, that the Port shall not, under any circumstance, disburse the Grant Funds to any of the City’s contractors or subcontractors. 3.3 The City shall complete the Project by June 1, 2018. 4. Term. This Agreement shall be become effective as of the date first set forth above, and shall terminate on July 1, 2018, unless earlier terminated under another provision of this Agreement. 5. Termination for Convenience. Either party may terminate this Agreement at any time for any reason, by giving the other party thirty (30) days’ written notice. In the event the City has completed any portion of the Project by the time it receives the Port’s notice of termination, the Port shall 6 Contract S-00319168 Economic Development Partnership Agreement Between the Port of Seattle and the City of Kent Page 3 of 9 pay the City the percentage of the Grant Funds attributable to the City’s completed portion of the Project. 6. Termination for Default. Except in the case of delay or failure resulting from circumstances beyond the control and without the fault or negligence of the City, the Port shall be entitled, by written or oral notice to the City, to terminate Agreement for breach of any of the terms and to have all other rights against the City by reason of the City’s breach as provided by law. 7. Waiver. Failure at any time of the Port to enforce any provision of this Agreement shall not constitute a waiver of such provision or prejudice the right of the Port to enforce such provision at any subsequent time. No term or condition of this Agreement shall be held to be waived, modified or deleted except by a written amendment signed by the Parties 8. Partial Invalidity. If any provision of this Agreement is or becomes void or unenforceable by force or operation of law, all other provisions hereof shall remain valid and enforceable. 9. Indemnification and Hold Harmless Agreement. The City shall defend, indemnify, and hold harmless the Port, its Commissioners, officers, employees, and agents (hereafter, collectively, the “Port”) from all liability, claims, damages, losses, and expenses (including, but not limited to attorneys’ and consultants’ fees and other expenses of litigation or arbitration) arising out of or related to the fulfillment of this Agreement; provided, however, if and to the extent that this Agreement is construed to be relative to the construction, alternation, repair, addition to, subtraction from, improvement to, or maintenance of, any building, highway, road, railroad, excavation, or other structure, project, development, or improvement attached to real estate, including moving or demolition in connection therewith, and therefore subject to Section 4.24.115 of the Revised Code of Washington, it is agreed that where such liability, claim, damage, loss or expense arises from the concurrent negligence of (i) the Port, and (ii) the City, its agents, or its employees, it is expressly agreed that the City’s obligations of indemnity under this paragraph shall be effective only to the extent of the City’s negligence. Such obligations shall not be construed to negate, abridge, or otherwise reduce any other right or obligation of indemnity which would otherwise exist as to any person or entity described in this paragraph. This paragraph shall not be construed so as to require the City to defend, indemnify, or hold harmless the Port from such claims, damages, losses or expenses caused by or resulting from the sole negligence of the Port. 7 Contract S-00319168 Economic Development Partnership Agreement Between the Port of Seattle and the City of Kent Page 4 of 9 In any and all claims against the Port, by any employee of the City, its agent, anyone directly or indirectly employed by either of them, or anyone for whose acts any of them may be liable, the indemnification obligation of this paragraph shall not be limited in any way by any limitation on the amount or type of damages, compensation benefits payable by or for the City, or other person under applicable industrial insurance laws (including, but not limited to Title 51 of the Revised Code of Washington), it being clearly agreed and understood by the Parties hereto that the City expressly waives any immunity the City might have had under such laws. By executing this Agreement, the City acknowledges that the foregoing waiver has been mutually negotiated by the parties. The City shall pay all attorneys’ fees and expenses incurred by the Port in establishing and enforcing the Port’s right under this paragraph, whether or not suit was instituted. 10. Comply with All Laws. The City shall at all times comply with all federal, state and local laws, ordinances and regulations, including but not limited to all environmental laws, which in any manner apply to the performance of this Agreement. 11. Integration. This Agreement, together with the attached Exhibit A, constitutes the entire agreement between the Parties and unless modified in writing by an amendment executed by the Parties, shall be implemented only as described herein. 12. Governing Law and Venue. This Agreement shall be governed by the laws of the State of Washington. Any action arising out of this Agreement shall be brought in King County. 13. No Employment Relationship Created. The Parties agree that nothing in this Agreement shall be construed to create an employment relationship between the City and the Port. 14. No Entity Created. The Parties agree that nothing in this Agreement shall be construed to create a joint entity between the City and the Port. 15. Notices. Notices to the Port shall be sent to the following address: Port of Seattle Economic Development Division P. O. Box 1209 Seattle, WA 98121 8 Contract S-00319168 Economic Development Partnership Agreement Between the Port of Seattle and the City of Kent Page 5 of 9 Notices to the City shall be sent to the following address: City of Kent Mayor’s Office 400 W. Gowe St. Kent, WA 98032-6019 16. Audits and Retention of Records. The City shall retain and make all books, records and documents (the “Records”) relating to the performance of this Agreement open to inspection or audit by representatives of the Port or Washington State during the term of this Agreement and for a period of not less than six (6) years after termination of the Agreement; provided, that if any litigation, claim or audit arising out of, in connection with or related to this Agreement is initiated, the City shall retain such Records until the later of (a) resolution or completion of litigation, claim or audit; or (b) six (6) years after the termination of this Agreement. 17. Amendment. This Agreement may only be amended by written agreement of the Parties. 18. Dispute Resolution. The Parties shall use their best, good faith efforts to cooperatively resolve disputes that arise in connection with this Agreement. IN WITNESS WHEREOF, the Parties hereto have executed this agreement as of the date first set forth above. PORT OF SEATTLE CITY OF KENT By: Tim Jayne By: Suzette Cooke Sr. Manager, Purchasing Mayor Signature Signature Dated Dated 9 Contract S-00319168 Economic Development Partnership Agreement Between the Port of Seattle and the City of Kent Page 6 of 9 EXHIBIT A – PROJECT 1. Scope of Work: The City will in partnership with the Aerospace Joint Apprenticeship Committee (AJAC), accomplish the following: • Local Training Center: i. Establish a Manufacturing Resource Center (MRC) in the City. ii. Design the MRC as a one stop center for manufacturing job seekers and employers in the Kent Industrial Valley region. iii. Provide relevant training for manufacturing jobs which will include but, not be limited to: pre-apprenticeship and apprenticeship training for entry level manufacturing workers. • Coordinated Intake, Screening and Referral: i. Build a coordinated intake process for accommodating human services agency referrals, including assessment, screening, and placement into appropriate programming or jobs. ii. AJAC will partner with the “Good Jobs” collaborative and the City in reviewing the process begun by the refugee and immigrant community based organizations with Boeing Foundation and work to refine those developed processes final steps of candidate placement into on-the-job training. • Tuition Free Training: i. Identify strategies for providing tuition free training through existing financial aid programs (BFET, TANF, Unemployed/Underemployed, WIOA, VA, etc.). Students could access free eligibility screening to pre- qualify for tuition free training. • Engage Employers: i. Engage employers in the planning and design of training, as well as the screening and placement of participants. ii. Provide an opportunity for employer sponsored employment services directing local talent to high demand jobs efficiently and in high volume. • Establishing a Suite of Services for Logistics: i. A logistics task force will be assembled to build an apprenticeship pathway for logistics occupations associated with advanced manufacturing and distribution/warehousing. 10 Contract S-00319168 Economic Development Partnership Agreement Between the Port of Seattle and the City of Kent Page 7 of 9 ii. A DACUM (developing a curriculum process) will be conducted to determine industry relevant training outcomes and program design elements. iii. A curriculum will also be identified as well as one or more sponsoring apprenticeship committees. The Logistic program services will focus on those skills and occupations unique to manufacturers and the obligations they receive from their clients in sectors like aerospace, food processing, or medical devices (quality assurance, supply chain management). 2. Metrics, Deliverables and Final Report: Goals: Strategies: Outcomes& Metrics Deliverable Better prepare low- income residents of Kent for careers in advanced manufacturing • Outreach • School District • Work source • CBOs • Public housing • Financial Aid Advising • Workshops • Short-term training • Apprenticeship • Knowledge gains • Credentialed completion • Job placement 200 students will receive advising services/training and will be better educated about manufacturing pathways and programs Establish a Kent- based educational facility for serving area manufacturers • Rent and outfit facility with equipment/offi ce fixtures (August, 2017) • Staff facility for intake and training • Participants of training at facility • Employers served by workforce development at facility Added training capacity for advanced manufacturing will be achieved for Kent Valley residents and employers Develop a strategy for taking in more Kent youth and preparing them for careers in manufacturing and logistics • Establish MOU with surrounding school districts and the Open Doors program • Host youth apprenticeship training • Knowledge gains • Credentialed completion • Job placement 20 youth apprentices will be served Create a program • DACUM • Curriculum All elements of 11 Contract S-00319168 Economic Development Partnership Agreement Between the Port of Seattle and the City of Kent Page 8 of 9 design and implementation protocol for an apprenticeship pathway in logistics • Employer validation • Curriculum development • Strategic planning and program design developed • Program adopted and implemented logistics pathway will be established and ready for implementation in late 2018 or early 2019 – potentially serving hundreds of students each year The Port may request periodic project updates from the City. The City will submit a written report to the Port within 45 days of completion of the Scope of Work but no later than, June 1, 2018, a final report shall be submitted to the Port. 3. Definition and restatement of how funds are to be used. Category: Port of Seattle Funds: Matching Funds: Total Funds: AJAC Personnel $65,000.00 $32,500.00 $97,500.00 TOTAL FUNDS $65,000.00 $32,500.00 $97,500.00 Any funds obtained from the Port for the Economic Development Partnership Program are to be used specifically for projects that create jobs, foster business growth, and support the Port’s business interests. 4. Port Approval and Recognition: a. All projects must utilize and identify the Port as a partner or sponsor. Prior to implementation, Port requires a review of the proposed placement of the Port logo on advertising, promotion materials, booth displays, online, digital or printed materials. b. Prior to specific advertising execution or implementation, the Port will review and approve the advertising placement and schedule. 12 Contract S-00319168 Economic Development Partnership Agreement Between the Port of Seattle and the City of Kent Page 9 of 9 5. The Agreement and Final Report: 6. Miscellaneous: No Port funds can be used to underwrite general or capital expenses associated with an event or program already in progress. End of Exhibit A - Project TASK DESCRIPTION SCHEDULE Task 1 Execute Contract No later than November 10, 2017 Task 2 Execution of Contract by Port No later than November 17, 2017 Task 3 Final Report and Accounting: 1. Provide a detailed report on the results of the project as outlined in the Scope of Work 2. Provide a detailed report on the Project Metrics as outlined above. 3. Provide copies of all printed promotional materials. 4. Provide links to any softcopy materials. 5. Provide a detailed accounting of the monies spent, including City’s 50% matching funds. No later than June 1, 2018 13 This page intentionally left blank 14 MAYOR’S OFFICE Derek Matheson, Chief Administrative Officer Phone: 253-856-5700 Fax: 253-856-6050 Address: 220 Fourth Avenue S. Kent, WA. 98032-5895 DATE: October 17, 2017 TO: Operations Committee FROM: Derek Matheson, CAO SUBJECT: 3rd Quarter Procurement Report – Information Only MOTION: Informational only. SUMMARY: The city council adopted a new procurement policy in 2015 that requires staff to provide a quarterly report to council on new procurements over specified dollar amounts and not previously approved by the city council, specifically all contracts/agreements over $25,000 and all leases/agreements that convey an interest in real property. The attached report is for the third quarter of 2017. EXHIBITS: Report is attached BUDGET IMPACT: N/A 15 This page intentionally left blank 16 CONTRACTS GREATER THAN $25,000 NOT APPROVED BY COUNCIL QTR CONTRACT NO.CONTRACTOR'S NAME PROJECT NAME TERM CONTRACT AMOUNT APPROVAL AUTHORITY DEPARTMENT Q3 PD17-391 Seattle, City of 2016 Justice Assistance Grant (JEG) Interlocal Agreement)7/7/2017-9/30/2019 $42,062.00 Mayor Police Q3 EC17-397 4Leaf Inc Plan Review 2017 7/17/2017-11/21/2017 $60,000.00 Mayor Economic and Community Development Q3 PK17-403 Skycorp Ltd Martin Property Structure Demolitions 7/15/2017-12/31/2017 $34,980.00 Mayor Parks Q3 PW17-404 Anchor QEA LLC Naden Ave Site Improvements 7/21/2017-12/31/2017 $35,000.00 Mayor Public Works Q3 PW17-405 GeoEngineers Inc Linda Heights Pump Station 7/21/2017-7/1/2018 $34,260.00 Mayor Public Works Q3 EC17-084 KPG Inc Meet Me on Meeker Design and Construction Standards Amendment No 1 7/26/2017-12/31/2017 $26,881.94 Mayor Economic and Community Development Q3 EC17-418 Tube Art Displays Inc Showare Wall Sign 7/27/2017-9/21/2017 $53,684.95 Mayor Economic and Community Development Q3 PW17-419 A Plus Demolition & Excavation Inc Barber Property Demolition 7/26/2017-8/31/2017 $38,950.00 Mayor Public Works Q3 PD17-426 King County Sheriff's Office Registered Sex Offender Checks - 2017 7/1/2017-6/30/2018 $36,559.76 Mayor Police Q3 PW17-430 JECB LLC S 212th St and 72nd Ave S Intersection Improvements 8/2/2017-12/31/2018 $28,720.00 Mayor Public Works Q3 EC17-432 Thunderbirds Hocket Enterprises LLC Thunderbirds/City of Kent Advertising 8/9/2017-5/31/2018 $59,400.00 Mayor Economic and Community Development Q3 PK17-433 Greenshield Systems LLC Service Club Ballfields Drainage System Installation 8/4/2017-10/30/2017 $49,914.70 Mayor Parks Q3 PK17-258 Christensen Inc General Contractor Legal Department TI 8/18/2017-11/17/2017 $28,594.50 Mayor Parks Q3 EC17-278 SAFEbuilt Washington LLC Plan Review 8/30/2017-12/31/2017 $30,000.00 Mayor Economic and Community Development Q3 PD17-285 Kent Youth and Family Services Victim Advocate Services for Human Trafficking Victims 9/12/2017-6/30/2018 $50,000.00 Mayor Police Q3 PW17-286 SkyCorp Ltd Gribble Property Demolition 9/14/2017-9/30/2017 $29,669.80 Mayor Public Works Q3 IT17-292 2FA Inc 2016-2017 2FA One Security Solution (for Police Department)1/29/2016-7/29/2017 $49,585.99 Mayor IT Q3 PK17-443 PACE Engineers Survey Mapping of 248th Street Frontage at Morrill Meadows Park 9/6/2017-1/31/2018 $25,000.00 Mayor Parks Q3 PW17-445 Forest Clouds LLC Meridian Valley Creek Erosion Repair 9/20/2017-10/13/2017 $45,460.00 Mayor Public Works Q2 PW17-155 ICF Jones & Stokes Inc North Hytek Mitigation - S 216th St 4/4/2017-5/31/2018 $50,887.61 Mayor Public Works Q2 PW17-165 Transpo Group USA Inc 212th & 72nd Traffic Signal 4/14/2017-10/1/2017 $27,749.00 Mayor Public Works Q2 PW17-178 Tetra Tech Inc Lakes Monitoring & Leber Homestead 4/18/2017-4/15/2018 $42,204.99 Mayor Public Works Q2 PW17-187 Shearer Design LLC Garrison Creek Bridge 4/24/2017-12/31/2017 $62,252.00 Mayor Public Works Q2 PW17-200 A Plus Demolition & Excavation Inc Recycling Events 4/28/2017-12/31/2017 $48,000.00 Mayor Public Works 17 CONTRACTS GREATER THAN $25,000 NOT APPROVED BY COUNCIL QTR CONTRACT NO.CONTRACTOR'S NAME PROJECT NAME TERM CONTRACT AMOUNT APPROVAL AUTHORITY DEPARTMENT Q2 EC17-214 Van Ness Feldman LLP Federal Lobbying 5/4/2017-12/31/2017 $56,000.00 Mayor Economic and Community Development Q2 PW17-215 GeoEngineers Inc S 218th Street Improvements 5/11/2017-12/31/2018 $48,442.00 Mayor Public Works Q2 PK17-221 NETServices LLC Kent Memorial Park Pole Replacement and Barrier Netting Installation 5/15/2017-8/14/2017 $46,417.85 Mayor Parks Q2 IT17-223 VeriPic PD Digital Evidence and Mobile Licensing 11/1/2016-12/31/2017 $25,459.50 Mayor IT Q2 PW17-239 JECB LLC 2017 Plastic Markings 5/22/2017-12/31/2018 $34,733.33 Mayor Public Works Q2 PW17-240 JECB LLC 2017 Paint Line Striping & RPM Replacement 5/22/2017-12/31/2018 $38,375.00 Mayor Public Works Q2 HR17-351 RL Evans Inc Health Care Insurance Brokerage 1/1/2016-12/31/2017 $45,000.00 Mayor Human Resources Q2 PK17-352 Stripe Rite Inc Service Club Ballfields-Sealcoating and Restriping of Parking Lot 5/31/2017-9/29/2017 $25,411.30 Mayor Parks Q2 PD17-377 Washington State Department of Social and Health Services (DSHS) Interlocal Agreement for CSEC Task Force Support - Fund a human trafficking victim advocate at Kent Youth and Family Services 6/27/2017-6/30/2018 $50,000.00 Mayor Police Q2 PW17-386 Raedeke Associates Inc Valley Floor Community Park Wetland Delineation 6/30/2017-6/15/2018 $26,700.00 Mayor Public Works Q1 PW17-013 SH&H Valuation LLC 132nd Ave SE Sidewalk Improvements 1/5/2017-12/31/2017 $29,650.00 Mayor Public Works Q1 PW16-012-003 GeoEngineers Inc Amendment No 2 S 228th St UPRR Grade Separation 1/13/2017-12/31/2017 $30,562.00 Mayor Public Works Q1 PW17-036 David Evans and Associates Inc 132nd Pedestrian Improvements 1/23/2017-4/1/2017 $41,124.00 Mayor Public Works Q1 PW17-037 David Evans and Associates Inc East valley Highway Overlay 1/23/2017-5/1/2017 $40,868.00 Mayor Public Works Q1 PK17-124 Middleton, Reid Lake Fenwick Floating Walkway Replacement Oversight 3/10/2017-12/31/2018 $56,683.00 Mayor Parks Q1 PK17-131 Washington State Slo-Pitch Umpires Association 2017 Softball Umpires Goods and Services Agreement 4/12/2017-9/30/2017 $45,000.00 Mayor Parks Q1 PK17-136 Highline School District No 401 2017 Camp Waskowitz 7/31/2017-8/4/2017 $40,500.00 Department Director Parks Q1 PK17-145 Miller Hayashi Architects PLLC Lake Meridian Bathhouse Renovation Project Oversight 3/7/2017-12/31/2018 $42,400.00 Mayor Parks Q1 PK17-148 Vital Mechanical Service Heat Exchanger Replacement at Kent- Meridian Pool 4/1/2017-6/30/2017 $37,041.97 Mayor Parks 18 FINANCE DEPARTMENT Aaron BeMiller, Director Phone: 253-856-5260 Fax: 253-856-6255 Address: 220 Fourth Avenue S. Kent, WA. 98032-5895 DATE: October 17, 2017 TO: Operations Committee FROM: Aaron BeMiller, Director SUBJECT: Square Footage Tax Increase – Information Only SUMMARY: Effective January 1, 2013, the City of Kent implemented a local Business and Occupation Tax (B&O), which is comprised of two complementary components: gross receipts and square footage. It is structured so that the tax due is based on the larger of these two components. The square footage component was included largely to address the destination-based sourcing requirements established by the state in 2008, whereby most of the B&O taxes generated from manufacturing, wholesaling and warehousing activities are typically sourced outside of Kent. Because the Kent Valley is home to a heavy base of manufacturing and large distribution centers that export goods outside the City, the amount of gross receipts tax that would otherwise be collected is disproportionate to the revenues needed to provide essential City services. The square footage tax provides the mechanism to collect tax on this subset of businesses that significantly contribute to the need for services, including but not limited to, construction and maintenance of roads. Impact of Doubling Square Footage Tax(A) Currently, approximately 3,500 taxpayers (≈ 220 chamber members – 6 percent) are registered and filing B&O tax: ≈ 2,000 (57 percent) file returns and owe/pay B&O tax ≈ 1,500 (43 percent) file returns but do not owe any tax The estimated impact of doubling(B) the current square footage tax rates is: ≈ 680 businesses would be affected, generating ≈ $3 million annually MOTION: Information Only 19 ≈ 60 of the affected businesses are chamber members (9 percent), generating ≈ $550,000 annually (18 percent) (A) This information is based on returns filed for the most recent year available. It is limited in scope to data originally reported on the returns and does not reflect amended returns or adjustments made by the department. The actual tax increase would vary. Chamber member information is based on the Kent Chamber Member’s list as of April 2017. (B) Rate for warehouse square footage increases from .03 per square foot per quarter to .06; other square footage increases from .01 per square foot per quarter to .02. BUDGET IMPACT: Additional revenues generated (half of total square footage revenues) would be deposited into the Capital Resources Fund and budgeted for Parks capital or any good governmental purpose as determined by the Mayor and City Council, such as public safety facilities. 20 1 Amend Ch. 3.28 KCC - Re: Square Footage Tax ORDINANCE NO. AN ORDINANCE of the City Council of the City of Kent, Washington, amending Section 3.28.050 of the Kent City Code, entitled “Imposition of the tax – Tax or fee levied,” and Section 3.28.130 of the Kent City Code, entitled “Limitation of revenue received,” to increase the square footage tax. RECITALS A. In 2012, the city enacted a Business and Occupation Tax and a Square Footage Tax. B. The city now has a demonstrated need to increase its capital resources accounts. C. The mayor has proposed this increase to address the need for increased capital resources. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON, DOES HEREBY ORDAIN AS FOLLOWS: ORDINANCE SECTION 1. - Amendment. Section 3.28.050 of the Kent City Code, entitled “Imposition of the tax – Tax or fee levied,” is hereby amended as follows: 21 2 Amend Ch. 3.28 KCC - Re: Square Footage Tax Sec. 3.28.050. Imposition of the tax – Tax or fee levied. Except as provided in subsection (C) of this section, there is hereby levied upon and shall be collected from every person a tax for the act or privilege of engaging in business activities within the city, whether the person’s office or place of business be within or without the city. The tax shall be in amounts to be determined by application of rates against the gross proceeds of sale, gross income of business, or value of products, including byproducts, and by application of rates against the square footage of business office or facility space within the city, as the case may be, as follows: A. Gross receipts tax. 1. Upon every person engaging within the city in business as an extractor; as to such persons the amount of the tax with respect to such business shall be equal to the value of the products, including byproducts, extracted within the city for sale or for commercial or industrial use, multiplied by the rate of 0.152 hundredths of one percent (0.00152). The measure of the tax is the value of the products, including byproducts, so extracted, regardless of the place of sale or the fact that deliveries may be made to points outside the city. 2. Upon every person engaging within the city in business as a manufacturer, as to such persons the amount of the tax with respect to such business shall be equal to the value of the products, including byproducts, manufactured within the city, multiplied by the rate of 0.046 hundredths of one percent (0.00046). The measure of the tax is the value of the products, including byproducts, so manufactured, regardless of the place of sale or the fact that deliveries may be made to points outside the city. 22 3 Amend Ch. 3.28 KCC - Re: Square Footage Tax 3. Upon every person engaging within the city in the business of making sales at wholesale, as to such persons, the amount of tax with respect to such business shall be equal to the gross proceeds of such sales of the business without regard to the place of delivery of articles, commodities or merchandise sold, multiplied by the rate of 0.152 hundredths of one percent (0.00152). 4. Upon every person engaging within the city in the business of making sales at retail, as to such persons, the amount of tax with respect to such business shall be equal to the gross proceeds of such sales of the business, without regard to the place of delivery of articles, commodities or merchandise sold, multiplied by the rate of 0.046 hundredths of one percent (0.00046). 5. Upon every person engaging within the city in the business of (a) printing, (b) both printing and publishing newspapers, magazines, periodicals, books, music, and other printed items, (c) publishing newspapers, magazines and periodicals, (d) extracting for hire, and (e) processing for hire; as to such persons, the amount of tax on such business shall be equal to the gross income of the business multiplied by the rate of 0.046 hundredths of one percent (0.00046). 6. Upon every person engaging within the city in the business of making sales of retail services; as to such persons, the amount of tax with respect to such business shall be equal to the gross proceeds of sales multiplied by the rate of 0.152 hundredths of one percent (0.00152). 7. Upon every other person engaging within the city in any business activity other than or in addition to those enumerated in the above subsections; as to such persons, the amount of tax on account of such activities shall be equal to the gross income of the business multiplied 23 4 Amend Ch. 3.28 KCC - Re: Square Footage Tax by the rate of 0.152 hundredths of one percent (0.00152). This subsection includes, among others, and without limiting the scope hereof (whether or not title to material used in the performance of such business passes to another by accession, merger, or other than by outright sale), persons engaged in the business of developing or producing custom software or of customizing canned software, producing royalties or commissions, and persons engaged in the business of rendering any type of service which does not constitute a sale at retail, a sale at wholesale, or a retail service. B. Square footage tax. Upon every person who leases, owns, occupies, or otherwise maintains an office, warehouse, or other place of business within the city for purposes of engaging in business activities in the city, the tax shall be measured by the number of square feet of warehouse business floor space or other business floor space for each office, warehouse, or other place of business leased, owned, occupied, or otherwise maintained within the city during the reporting period, calculated to the nearest square foot. 1. Subject to the reductions established in subsection (B)(6) of this section, the amount of the tax due shall be equal to the sum of the number of square feet of business warehouse floor space for each business warehouse leased, owned, occupied, or otherwise maintained within the city multiplied by the rate of three cents ($0.036) quarterly for each calendar year, and the number of square feet of other business floor space for each office or other place of business leased, owned, occupied, or otherwise maintained within the city multiplied by the rate of one cent ($0.012) quarterly for each calendar year. 2. For purposes of this section, business warehouse means a building or structure, or any part thereof, in which goods, wares, 24 5 Amend Ch. 3.28 KCC - Re: Square Footage Tax merchandise, or commodities are received or stored, whether or not for compensation, in furtherance of engaging in business. 3. For purposes of this section, other business floor space means the floor space of an office or place of business, other than a business warehouse. 4. For purposes of this section, the square footage shall be computed by measuring to the inside finish of permanent outer building walls and shall include space used by columns and projections necessary to the building. Square footage shall not include stairs, elevator shafts, flues, pipe shafts, vertical ducts, heating or ventilation shafts, janitor closets, and electrical or utility closets. 5. Persons with more than one (1) office, warehouse, or other place of business within the city must include all business warehouse floor space and other business floor space for all locations within the city. When a person rents space to another person, the person occupying the rental space is responsible for the square footage business tax on that rental space only if the renter has exclusive right of possession in the space as against the landlord. Space rented for the storage of goods in a warehouse where no walls separate the goods, and where the exclusive right of possession in the space is not held by the person to whom the space is rented, shall be included in the warehouse business floor space of the person that operates the warehouse business, and not by the person renting the warehouse space. 6. If the square footage tax imposed in this subsection (B) is less than or equal to the gross receipts tax imposed in subsection (A) of this section, no square footage tax will be due; if the square footage tax imposed in this subsection (B) exceeds the gross receipts tax imposed in 25 6 Amend Ch. 3.28 KCC - Re: Square Footage Tax subsection (A) of this section, the taxpayer shall also remit the excess over the gross receipts tax payable under subsection (A) of this section. C. Gross receipts exemption/square footage threshold. 1. Any person whose gross proceeds of sales, gross income of the business, and value of products, including byproducts, as the case may be, from all activities conducted within the city during any quarter are equal to or less than sixty-two thousand five hundred dollars ($62,500) during that quarter shall be exempt from the gross receipts tax imposed in this chapter. The applicable tax rates shall only apply to amounts in excess of sixty-two thousand five hundred dollars ($62,500) during any quarter. 2. The square footage tax imposed in subsection (B) of this section shall not apply to any person unless that person’s total floor area of business space within the city exceeds the following threshold: a. Four thousand (4,000) taxable square feet of business warehouse space; or b. Twelve thousand (12,000) taxable square feet of other business floor space. This is a threshold and not an exemption. If the square footage tax applies, it applies to all business space leased, owned, occupied, or otherwise maintained by the taxpayer during the applicable reporting period. D. Rules. The director may promulgate rules and regulations regarding the manner, means, and method of calculating any tax imposed under this section. 26 7 Amend Ch. 3.28 KCC - Re: Square Footage Tax SECTION 2. - Amendment. Section 3.28.130 of the Kent City Code, entitled “Limitation of revenue received,” is hereby amended as follows: Sec. 3.28.130. Limitation of revenue received. One-half of the revenue received from the square footage tax shall be allocated to the city’s Capital Resources Fund. Remaining rRevenue received from the taxes imposed by this chapter shall first then be applied to the actual cost to staff and operate the business and occupation tax division, including one (1) information technology position dedicated to support that division, but not to exceed the amount budgeted for that division by the city council. After the above allocations, oOne hundred (100) percent of the any remainingresidual revenue shall be allocated to the design, construction, maintenance, improvement, operation, and repair of the city’s transportation infrastructure and appurtenant improvements including, without limitation, streets, curbs, gutters, sidewalks, bicycle and pedestrian lanes and paths, street trees, drainage, lighting, and signalization. up to a total annual allocation of four million seven hundred thousand dollars ($4,700,000). Until January 1, 2017, any remaining revenues received shall be applied to the capital improvement fund and allocated according to the direction of the city council; beginning January 1, 2017, one hundred (100) percent of the remaining revenue after payment of the actual cost to staff and operate the business and occupation tax division, including one (1) information technology position dedicated to support that division, shall be allocated to the design, construction, maintenance, improvement, operation, and repair of the city’s transportation infrastructure and appurtenant improvements including, without limitation, streets, curbs, gutters, sidewalks, bicycle and pedestrian lanes and paths, street trees, drainage, lighting, and signalization. Comment [AL1]: Is this the technical title of that fund? Just want to make sure 27 8 Amend Ch. 3.28 KCC - Re: Square Footage Tax SECTION 3. – Amendment Effective Date. The amendments made by this ordinance, including the square footage tax increase and the reallocation of revenues, shall take effect on January 1, 2019. SECTION 4. – Severability. If any one or more section, subsection, or sentence of this ordinance is held to be unconstitutional or invalid, such decision shall not affect the validity of the remaining portion of this ordinance and the same shall remain in full force and effect. SECTION 5. – Corrections by City Clerk or Code Reviser. Upon approval of the city attorney, the city clerk and the code reviser are authorized to make necessary corrections to this ordinance, including the correction of clerical errors; ordinance, section, or subsection numbering; or references to other local, state, or federal laws, codes, rules, or regulations. SECTION 6. – Effective Date. This ordinance shall take effect and be in force thirty days from and after its passage, as provided by law. SUZETTE COOKE, MAYOR Date Approved ATTEST: KIMBERLY A. KOMOTO, CITY CLERK Date Adopted Date Published APPROVED AS TO FORM: 28 9 Amend Ch. 3.28 KCC - Re: Square Footage Tax TOM BRUBAKER, CITY ATTORNEY 29 This page intentionally left blank 30 FINANCE DEPARTMENT Aaron BeMiller, Director Phone: 253-856-5260 Fax: 253-856-6255 Address: 220 Fourth Avenue S. Kent, WA. 98032-5895 DATE: October 17, 2017 TO: Operations Committee FROM: Aaron BeMiller, Director SUBJECT: August Financial Report – Information Only MOTION: Information Only SUMMARY: The Finance Director will report out the August 2017 financial report. BUDGET IMPACT: BACKGROUND: 31 This page intentionally left blank 32 2017 Adj Budget 2017 YTD 2017 Est Actual Variance Favorable (Unfavorable) %Variance Favorable (Unfavorable) Revenues 93,795,960 60,794,888 97,184,160 3,388,200 3.6% Expenditures 96,229,260 53,340,774 95,760,010 469,250 0.5% Net Revenues Less Expenditures (2,433,300) 7,454,114 1,424,150 3,857,450 Beginning Fund Balance 19,987,828 19,987,828 Ending Fund Balance 17,554,528 21,411,978 Ending Fund Balance Detail: General Fund Reserves 14,562,958 18,599,188 15.1% 19.4% Contingency for Unanticipated Costs 1,500,000 1,500,000 Strategic Opportunities Fund 425,000 425,000 Restricted for Annexation 1,066,570 887,790 Revenue Overview Expenditures Overview August 2017 Monthly Financial Report City of Kent, Washington General Fund Overview Summary Analysis through August shows an overall positive budget variance of $3.9 million. The 2017 adopted budget reflects an expected use of $2.4 million of fund balance, including $2 million for Parks capital projects. The budgeted use of fund balance is offset by the positive budget variance of $3.9 million, creating a net surplus of $1424k. General Fund Reserves are estimated to end the year at $18.6 million, or 19.4% of estimated 2017 expenditures. Revenues are estimated to end the year approximately $3.4 million (3.6%) higher than budgeted. Through August, all departments are remaining fairly close to budget with an overall favorable budget variance of $469k or 0.5%. 33 Revenue Categories 2017 Adj Budget 2017 YTD 2017 Est Actual Variance Favorable (Unfavorable) %Variance Favorable (Unfavorable) Taxes: Property 22,782,330 12,219,657 22,807,160 24,830 0.1% Sales & Use 19,756,570 13,894,474 20,367,240 610,670 3.1% Utility 18,947,950 13,463,935 19,295,390 347,440 1.8% Business & Occupation 8,900,000 4,522,680 8,954,950 54,950 0.6% Other 869,990 475,270 901,730 31,740 3.6% Licenses and Permits 5,611,350 4,483,024 6,130,560 519,210 9.3% Intergovernmental Revenue 7,712,070 4,400,784 7,932,120 220,050 2.9% Charges for Services 5,117,170 4,686,221 6,111,220 994,050 19.4% Fines and Forfeitures 1,565,970 1,182,255 1,596,450 30,480 1.9% Miscellaneous Revenue 1,582,560 1,466,590 2,137,340 554,780 35.1% Transfers In 950,000 - 950,000 - Total Revenues 93,795,960 60,794,888 97,184,160 3,388,200 3.6% Licenses & Permits: Estimated year-end collections at $519k in excess of budget, largely due to increased Building/Structure Permits ($221k), Fire Permits ($173k), and Street/Curb Permits ($144k). Charges for Services: Estimated year-end collections at $994k in excess of budget, largely due to increased permit review fees ($1.1m) offset by decreased public safety ($70k) and Culture & Rec ($43k) fees. Miscellaneous Revenue: Estimated year-end collections at $465k in excess of budget, largely due to increased interest income ($78k) and reimbursements for services ($390k). August 2017 Monthly Financial Report City of Kent, Washington General Fund Overview - Revenues Variance analysis for revenues is provided for particular line items or those in which the estimated actual amount differs from the budgeted amount by at least 10% or minimum of $500,000. Variance Notes Sales & Use Tax: July and August Sales Tax Revenues exceeded the same period last year by ~$300k Property Taxes 24% Sales Taxes 21% Utility Taxes 20% B&O Taxes 9%Other Taxes 1% Licenses and Permits 6% Intergovernmental 8% Charges for Services 6% Fines & Forfeits 2% Misc & Transfers In 3% Other 25% 2017 Estimated Actual Revenues 34 Prior Year Revenues Budgeted Revenues Actual Revenues January 4,829 5,464 5,578 February 5,138 5,225 5,024 March 6,546 7,439 7,586 April 16,091 14,962 17,008 May 6,600 7,175 6,492 June 5,578 6,225 6,175 July 6,545 6,040 7,351 August 6,545 5,068 5,581 September 6,531 6,810 0 October 16,476 15,667 0 November 6,303 6,086 0 December 9,602 7,635 0 Total 96,784 93,796 60,795 Prior Year Revenues Budgeted Revenues Actual Revenues January 0 9 0 February 199 168 197 March 719 717 711 April 9,550 8,760 9,768 May 1,305 2,136 1,324 June 83 132 109 July 55 46 26 August 55 91 85 September 441 490 0 October 8,525 8,683 0 November 1,414 1,368 0 December 155 184 0 Total 22,502 22,782 12,220 Prior Year Revenues Budgeted Revenues Actual Revenues January 1,461 1,507 1,686 February 2,026 1,974 1,986 March 1,519 1,448 1,550 April 1,575 1,457 1,547 May 1,739 1,641 1,836 June 1,236 1,347 1,587 July 1,560 1,614 1,739 August 1,560 1,785 1,964 September 1,594 1,676 0 October 1,691 1,660 0 November 1,822 1,812 0 December 1,793 1,834 0 Total 19,576 19,757 13,894 August 2017 Monthly Financial Report City of Kent, Washington General Fund Revenues ($ in Thousands) All Revenues Sources Property Tax Sales Tax $0 $20,000 $40,000 $60,000 $80,000 $100,000 $120,000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 17 Bud 16 Act 17 Act $0 $5,000 $10,000 $15,000 $20,000 $25,000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 17 Bud 16 Act 17 Act $0 $5,000 $10,000 $15,000 $20,000 $25,000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 17 Bud 16 Act 17 Act 35 August 2017 Monthly Financial Report City of Kent, Washington General Fund Revenues ($ in Thousands) Prior Year Revenues Budgeted Revenues Actual Revenues January 2,115 2,083 1,842 February 1,708 1,632 1,829 March 1,584 1,570 1,739 April 1,597 1,823 1,873 May 1,491 1,457 1,566 June 1,368 1,341 1,505 July 1,563 1,731 1,631 August 1,563 1,403 1,479 September 1,584 1,636 0 October 1,432 1,524 0 November 1,499 1,421 0 December 1,107 1,327 0 Total 18,611 18,948 13,464 Prior Year Revenues Budgeted Revenues Actual Revenues January 1 8 1 February 2 37 4 March 165 170 494 April 1,383 1,839 1,945 May 737 445 232 June 115 128 153 July 1,632 1,659 1,984 August 1,632 456 185 September 169 139 0 October 2,293 1,950 0 November 239 287 0 December 2,761 2,652 0 Total 11,130 9,770 4,998 Prior Year Revenues Budgeted Revenues Actual Revenues January 1,252 1,454 2,049 February 1,203 1,013 1,008 March 2,559 2,699 3,092 April 1,986 1,512 1,876 May 1,328 1,446 1,534 June 2,775 3,030 2,820 July 1,734 1,501 1,969 August 1,734 1,323 1,868 September 2,743 2,760 0 October 2,534 1,990 0 November 1,329 1,068 0 December 3,787 2,743 0 Total 24,965 22,539 16,219 Utility Tax Other Taxes Other Revenues (Intergovernmental, Licenses & Permits, Charges for Service, Fines & Forfeits, and Misc Revenues) $0 $5,000 $10,000 $15,000 $20,000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov 17 Bud 16 Act 17 Act $0 $2,000 $4,000 $6,000 $8,000 $10,000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 17 Bud 16 Act 17 Act $0 $5,000 $10,000 $15,000 $20,000 $25,000 $30,000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 17 Bud 16 Act 17 Act 36 Department 2017 Adj Budget 2017 YTD 2017 Est Actual Variance Favorable (Unfavorable) %Variance Favorable (Unfavorable) City Council 352,110 234,469 341,700 10,410 3.0% Mayor's Office/City Clerk 2,709,760 1,485,671 2,546,600 163,160 6.0% Economic & Community Dev 6,394,650 3,712,955 5,979,300 415,350 6.5% Finance 2,734,560 1,642,507 2,658,500 76,060 2.8% Fire Contracted Services 3,603,110 2,451,063 3,662,300 (59,190)-1.6% Human Resources 1,977,930 1,161,804 1,856,100 121,830 6.2% Information Technology 517,310 345,040 541,000 (23,690)-4.6% Law 1,737,080 1,040,986 1,639,200 97,880 5.6% Municipal Court 3,181,510 2,072,462 3,166,900 14,610 0.5% Parks, Recreation & Comm Svcs 17,229,170 10,964,595 17,028,600 200,570 1.2% Police 36,976,600 24,125,678 37,130,400 (153,800)-0.4% Public Works 1,294,960 748,080 1,168,900 126,060 9.7% Non-Departmental 17,520,510 3,355,464 18,040,510 (520,000)-3.0% Total Expenditures 96,229,260 53,340,774 95,760,010 469,250 0.5% August 2017 Monthly Financial Report City of Kent, Washington General Fund Overview - Expenditures Variance analysis for expenditures is provided for particular departments or those in which the estimated actual amount differs from the budgeted amount by at least 10% or a minimum of $500,000. Variance Notes None. City Council Mayor's Office/City Clerk 3% Economic & Community Dev 6% Finance 3% Fire Contracted Services 4% Human Resources 2%Information TechnologyLaw 2% Municipal Court 3% Parks, Recreation & Comm Svcs 18% Police 39% Public Works 1% Non-Departmental 19% Other 11% 2017 Estimated Actual Expenditures 37 2015 2016 2017 2017 2017 Actual Actual Adj Budget YTD Est Actual Beginning Fund Balance 11,312,140 15,372,499 19,987,828 19,987,828 19,987,828 Revenues Taxes: Property 22,015,525 22,534,441 22,782,330 12,219,657 22,807,160 Sales & Use 18,583,057 19,814,047 19,756,570 13,894,474 20,367,240 Utility 18,151,853 18,490,458 18,947,950 13,463,935 19,295,390 Business & Occupation 7,656,220 9,311,445 8,900,000 4,522,680 8,954,950 Other 1,023,500 961,833 869,990 475,270 901,730 Licenses and Permits 5,827,474 6,269,525 5,611,350 4,483,024 6,130,560 Intergovernmental Revenue 7,783,935 8,072,343 7,712,070 4,400,784 7,932,120 Charges for Services 5,814,133 5,363,205 5,117,170 4,686,221 6,111,220 Fines and Forfeitures 1,660,366 1,551,720 1,565,970 1,182,255 1,596,450 Miscellaneous Revenue 1,756,485 2,302,027 1,582,560 1,466,590 2,137,340 Transfers In 996,921 962,261 950,000 - 950,000 Total Revenues 91,269,469 95,633,303 93,795,960 60,794,888 97,184,160 Expenditures City Council 298,884 337,355 352,110 234,469 341,700 Mayor's Office/City Clerk 2,211,861 2,339,581 2,709,760 1,485,671 2,546,600 Economic & Community Dev 5,345,212 5,521,764 6,394,650 3,712,955 5,979,300 Finance 2,419,039 2,751,128 2,734,560 1,642,507 2,658,500 Fire Contracted Services 3,513,988 3,556,484 3,603,110 2,451,063 3,662,300 Human Resources 1,039,875 1,733,010 1,977,930 1,161,804 1,856,100 Information Technology 456,328 509,617 517,310 345,040 541,000 Law 1,198,769 1,458,153 1,737,080 1,040,986 1,639,200 Municipal Court 2,988,951 3,079,215 3,181,510 2,072,462 3,166,900 Parks, Recreation & Comm Svcs 15,595,739 16,027,802 17,229,170 10,964,595 17,028,600 Police 32,992,234 35,155,894 36,976,600 24,125,678 37,130,400 Public Works 4,896,300 1,273,864 1,294,960 748,080 1,168,900 Non-Departmental 14,251,930 17,274,106 17,520,510 3,355,464 18,040,510 Total Expenditures 87,209,110 91,017,974 96,229,260 53,340,774 95,760,010 Net Revenues less Expenditures 4,060,359 4,615,329 (2,433,300) 7,454,114 1,424,150 Ending Fund Balance 15,372,499 19,987,828 17,554,528 27,441,942 21,411,978 Ending Fund Balance Detail: General Fund Reserves 11,749,159 16,996,258 14,562,958 18,599,188 based on same year actuals/budget 13.5% 18.7% 15.1%19.4% Contingency for Unanticipated Costs 1,500,000 1,500,000 1,500,000 1,500,000 Strategic Opportunities Fund 425,000 425,000 425,000 425,000 Restricted for Annexation 1,698,340 1,066,570 1,066,570 887,790 August 2017 Monthly Financial Report City of Kent, Washington General Fund 38 2015 2016 2017 % of thru August thru August thru August Budget Revenues Taxes: Property 11,631,725 11,999,658 12,219,657 219,999 1.8% 53.1% Sales & Use 12,037,650 12,913,802 13,894,474 980,673 7.6% 51.6% Utility 13,640,835 12,868,236 13,463,935 595,699 4.6% 54.6% Business & Occupation 3,449,137 4,298,817 4,522,680 223,863 5.2% 28.8% Other 501,549 512,120 475,270 (36,850) -7.2% 30.6% Licenses and Permits 2,964,948 3,902,357 4,483,024 580,666 14.9% 51.9% Intergovernmental Revenue 4,120,047 4,384,220 4,400,784 16,564 0.4% 52.7% Charges for Services 3,975,282 3,578,227 4,686,221 1,107,993 31.0% 67.8% Fines and Forfeitures 1,236,014 1,081,812 1,182,255 100,443 9.3% 57.7% Miscellaneous Revenue 1,161,445 1,182,119 1,466,590 284,471 24.1% 65.7% Transfers In - - - - Total Revenues 54,718,634 56,721,367 60,794,888 4,073,521 7.2% 64.8% Expenditures City Council 200,452 223,672 234,469 10,797 4.8% 66.6% Mayor's Office/City Clerk 1,414,477 1,488,527 1,485,671 (2,856) -0.2% 54.8% Economic & Community Dev 3,390,095 3,592,016 3,712,955 120,939 3.4% 58.1% Finance 1,585,444 1,848,756 1,642,507 (206,249) -11.2% 60.1% Fire Contracted Services 2,427,457 2,401,226 2,451,063 49,837 2.1% 68.0% Human Resources 688,946 1,042,116 1,161,804 119,688 11.5% 58.7% Information Technology 285,524 339,884 345,040 5,157 1.5% 66.7% Law 801,332 984,761 1,040,986 56,226 5.7% 59.9% Municipal Court 1,964,496 2,039,947 2,072,462 32,516 1.6% 65.1% Parks, Recreation & Comm Svcs 10,254,311 10,577,959 10,964,595 386,636 3.7% 63.6% Police 21,517,015 22,726,558 24,125,678 1,399,119 6.2% 65.2% Public Works *3,284,659 966,018 748,080 (217,938) -22.6% 57.8% Non-Departmental 269,140 2,158,042 3,355,464 1,197,422 55.5% 19.2% Total Expenditures 48,083,349 50,389,481 53,340,774 2,951,293 5.9% 55.4% * Most Public Works costs were moved to the Street Operating Fund effective January 1, 2016. Only costs allocated to the Panther Lake annexation remain in the General Fund. Variance August 2017 Monthly Financial Report City of Kent, Washington General Fund Year-to-Year Month Comparison 2016-17 39 2015 2016 2017 2017 2017 Actual Actual Budget YTD Est Actual Operating revenues and expenditures only; capital and non-capital projects are excluded. In instances where expenditures exceed revenues, fund balance is being utilized. Street Fund Revenues 11,644,554 14,254,751 12,272,430 7,645,474 12,984,000 Expenditures 8,748,733 14,369,693 12,447,540 6,946,584 12,371,030 Net Revenues Less Expenditures 2,895,821 (114,942)(175,110)698,891 612,970 LEOFF 1 Retiree Benefits Revenues 1,341,722 1,035,289 1,148,730 631,845 1,113,900 Expenditures 1,279,216 954,561 1,163,220 756,438 1,056,500 Net Revenues Less Expenditures 62,506 80,728 (14,490)(124,593)57,400 Lodging Tax Revenues 279,878 294,859 281,000 178,548 304,000 Expenditures 257,164 219,989 338,060 244,195 218,800 Net Revenues Less Expenditures 22,714 74,870 (57,060)(65,647)85,200 Youth/Teen Programs Revenues 894,592 911,855 928,600 660,405 934,850 Expenditures 920,380 942,000 942,000 942,000 Net Revenues Less Expenditures (25,788)(30,145)(13,400)660,405 (7,150) Capital Resources Revenues 20,209,541 20,751,646 12,713,960 10,875,645 15,153,150 Expenditures 11,135,015 15,248,984 15,473,530 1,468,913 15,498,530 Net Revenues Less Expenditures 9,074,526 5,502,662 (2,759,570)9,406,731 (345,380) Criminal Justice Revenues 4,753,967 4,873,770 5,208,990 4,174,807 5,777,700 Expenditures 2,965,408 3,157,680 5,257,070 2,827,158 4,168,300 Net Revenues Less Expenditures 1,788,559 1,716,090 (48,080)1,347,649 1,609,400 ShoWare Operating Revenues 1,680,882 1,647,988 1,150,000 179,265 1,150,000 Expenditures 518,720 1,097,457 1,089,320 460,811 796,550 Net Revenues Less Expenditures 1,162,162 550,531 60,680 (281,546)353,450 Other Operating Revenues 127,615 135,731 116,520 81,360 135,020 Expenditures 44,550 63,059 116,520 95,290 98,000 Net Revenues Less Expenditures 83,065 72,672 (13,930)37,020 Councilmanic Debt Service Revenues 17,181,106 86,581,322 10,781,240 2,721,443 11,159,200 Expenditures 17,172,776 85,720,181 10,316,410 2,721,443 10,316,410 Net Revenues Less Expenditures 8,329 861,141 464,830 842,790 Special Assessment Debt Service Revenues 2,604,505 2,151,133 1,561,380 1,252,288 1,561,380 Expenditures 4,836,771 3,032,661 2,585,830 196,552 2,585,830 Net Revenues Less Expenditures (2,232,266)(881,528)(1,024,450)1,055,735 (1,024,450) 2016: Includes street and transportation revenues and costs moved from the General Fund. Debt Service Funds August 2017 Monthly Financial Report City of Kent, Washington Other Funds Overview (Revenues and Expenditures) Special Revenue Funds 2015: Net revenues less expenditures include $2.27m street operating revenues returned from LID funded projects. These funds have been allocated to projects in the 2016 budget. 40 2015 2016 2017 2017 2017 Actual Actual Budget YTD Est Actual Operating revenues and expenditures only; capital and non-capital projects are excluded. In instances where expenditures exceed revenues, fund balance is being utilized. August 2017 Monthly Financial Report City of Kent, Washington Other Funds Overview (Revenues and Expenditures) Water Utility Revenues 23,967,361 24,526,000 25,333,130 17,502,000 25,727,630 Expenditures 21,337,546 21,654,832 28,079,700 12,041,477 22,901,490 Net Revenues Less Expenditures 2,629,815 2,871,168 (2,746,570)5,460,523 2,826,140 Sewer/Drainage Utility Revenues 49,821,430 53,289,642 52,276,840 34,689,174 52,996,540 Expenditures 48,838,724 50,599,649 50,219,100 29,262,368 48,512,760 Net Revenues Less Expenditures 982,706 2,689,993 2,057,740 5,426,805 4,483,780 Solid Waste Utility Revenues 774,072 899,710 452,866 903,710 Expenditures 365 471,180 830,930 323,894 464,010 Net Revenues Less Expenditures (365)302,892 68,780 128,971 439,700 Golf Complex Revenues 2,661,490 2,475,682 2,871,410 1,826,460 2,309,000 Expenditures 2,867,873 3,188,762 2,820,340 1,840,663 2,810,000 Net Revenues Less Expenditures (206,383)(713,080)51,070 (14,203)(501,000) Fleet Services Revenues 4,538,925 4,769,001 4,715,900 3,263,740 4,822,000 Expenditures 3,195,504 3,974,431 5,697,840 2,310,930 5,238,330 Net Revenues Less Expenditures 1,343,421 794,570 (981,940)952,811 (416,330) Central Services Revenues 372,070 382,444 446,510 228,566 362,000 Expenditures 350,962 399,786 421,150 189,711 355,200 Net Revenues Less Expenditures 21,108 (17,342)25,360 38,855 6,800 Information Technology Revenues 7,603,220 7,717,834 7,962,060 5,262,311 7,953,550 Expenditures 6,708,773 6,905,076 8,921,540 4,675,939 8,655,460 Net Revenues Less Expenditures 894,447 812,757 (959,480)586,372 (701,910) Facilities Revenues 5,432,463 5,556,854 4,728,530 3,125,979 4,768,750 Expenditures 5,527,155 4,881,741 5,035,930 2,659,088 4,977,300 Net Revenues Less Expenditures (94,692)675,113 (307,400)466,891 (208,550) Unemployment Revenues 397,641 420,226 121,700 117,753 152,000 Expenditures 98,860 126,718 169,050 49,293 110,000 Net Revenues Less Expenditures 298,781 293,508 (47,350)68,461 42,000 Workers Compensation Revenues 1,095,382 1,200,476 1,023,800 710,358 1,052,700 Expenditures 681,822 1,436,775 1,398,210 693,568 1,121,680 Net Revenues Less Expenditures 413,560 (236,299)(374,410)16,791 (68,980) 2015: Revenues reflect 2015-16 rate reduction, with GF savings going to the CR Fund to reduce the deficit. Employee Health & Wellness Revenues 10,487,102 10,688,926 10,432,600 7,274,581 12,995,990 Expenditures 11,298,096 12,130,696 11,936,000 9,128,911 14,629,950 Net Revenues Less Expenditures (810,994)(1,441,770)(1,503,400)(1,854,330)(1,633,960) Enterprise Funds Internal Service Funds 41 2015 2016 2017 2017 2017 Actual Actual Budget YTD Est Actual Operating revenues and expenditures only; capital and non-capital projects are excluded. In instances where expenditures exceed revenues, fund balance is being utilized. August 2017 Monthly Financial Report City of Kent, Washington Other Funds Overview (Revenues and Expenditures) Liability Insurance Revenues 1,135,932 1,447,027 2,059,700 1,662,920 2,079,600 Expenditures 1,187,054 2,145,627 2,674,730 2,382,405 2,708,500 Net Revenues Less Expenditures (51,122)(698,600)(615,030)(719,485)(628,900) 2017: YTD expenditures include claims paid for which reimbursement will be received. Property Insurance Revenues 582,938 628,105 554,820 373,389 558,000 Expenditures 471,003 445,135 501,050 577,428 443,200 Net Revenues Less Expenditures 111,935 182,970 53,770 (204,039)114,800 42 2015 2016 2017 thru August thru August thru August Operating revenues and expenditures only; capital and non-capital projects are excluded. Street Fund Revenues 5,751,355 7,554,624 7,645,474 90,851 1.2% Expenditures 2,917,776 5,919,012 6,946,584 1,027,572 17.4% Net Revenues Less Expenditures 2,833,579 1,635,611 698,891 2016 includes street and transportation revenues and costs moved from the General Fund. LEOFF 1 Retiree Benefits Revenues 566,673 502,872 631,845 128,973 25.6% Expenditures 878,415 606,081 756,438 150,357 24.8% Net Revenues Less Expenditures (311,742)(103,210)(124,593) 2016 revenues reflect a timing difference because of revenues that were not booked until June. Lodging Tax Revenues 150,748 164,248 178,548 14,300 8.7% Expenditures 52,772 164,452 244,195 79,743 48.5% Net Revenues Less Expenditures 97,977 (204)(65,647) 2016 expenditures reflect increased marketing activities. Youth/Teen Programs Revenues 624,440 617,923 660,405 42,481 6.9% Expenditures Net Revenues Less Expenditures 624,440 617,923 660,405 Capital Resources Revenues 8,860,713 10,348,654 10,875,645 526,990 5.1% Expenditures 2,095,389 2,945,125 1,468,913 (1,476,211)-50.1% Net Revenues Less Expenditures 6,765,324 7,403,529 9,406,731 Expenditures higher in 2015 and 2017 due to land purchases in Q1. Criminal Justice Revenues 2,893,553 3,204,950 4,174,807 969,857 30.3% Expenditures 1,864,933 1,906,679 2,827,158 920,479 48.3% Net Revenues Less Expenditures 1,028,621 1,298,271 1,347,649 2016 increase in revenues due to strong sales tax trends and an increase in seized assets. ShoWare Operating Revenues 117,944 471,942 179,265 (292,678)-62.0% Expenditures 47,003 299,020 460,811 161,791 54.1% Net Revenues Less Expenditures 70,940 172,922 (281,546) Admissions Tax revenues received quarterly (April, July, September, January) Other Operating Revenues 13,340 34,060 81,360 47,300 138.9% Expenditures 19,599 65,256 95,290 30,034 46.0% Net Revenues Less Expenditures (6,259)(31,196)(13,930) Combines several small programs, including City Art Program and Neighborhood Matching Grants Variance August 2017 Monthly Financial Report City of Kent, Washington Other Funds Overview (Revenues and Expenditures) Year-to-Year Month Comparison 2016-17 Special Revenue Funds 43 2015 2016 2017 thru August thru August thru August Operating revenues and expenditures only; capital and non-capital projects are excluded. Variance August 2017 Monthly Financial Report City of Kent, Washington Other Funds Overview (Revenues and Expenditures) Year-to-Year Month Comparison 2016-17 Councilmanic Debt Service Revenues 1,971,178 78,737,078 2,721,443 (76,015,634)-96.5% Expenditures 1,968,552 78,679,169 2,721,443 (75,957,725)-96.5% Net Revenues Less Expenditures 2,626 57,909 Debt service payments are generally due in June and December. Special Assessments Debt Service Revenues 1,564,920 1,336,381 1,252,288 (84,094)-6.3% Expenditures (13,117)425,267 196,552 (228,715)-53.8% Net Revenues Less Expenditures 1,578,036 911,114 1,055,735 Water Utility Revenues 15,374,431 15,782,079 17,502,000 1,719,921 10.9% Expenditures 11,694,952 12,824,386 12,041,477 (782,909)-6.1% Net Revenues Less Expenditures 3,679,479 2,957,693 5,460,523 Sewer/Drainage Utility Revenues 32,610,390 32,856,816 34,689,174 1,832,357 5.6% Expenditures 24,759,787 28,161,933 29,262,368 1,100,436 3.9% Net Revenues Less Expenditures 7,850,603 4,694,884 5,426,805 Solid Waste Utility Revenues 436,333 452,866 16,533 3.7% Expenditures 297,160 323,894 26,734 8.3% Net Revenues Less Expenditures 139,173 128,971 Solid Waste Utility established in 2016. Golf Complex Revenues 2,076,397 1,898,851 1,826,460 (72,391)-3.8% Expenditures 1,900,937 2,139,323 1,840,663 (298,660)-14.0% Net Revenues Less Expenditures 175,460 (240,472)(14,203) 2016 & 2017 revenues down due to inclement weather conditions in Q1. Fleet Services Revenues 3,044,255 3,196,825 3,263,740 66,915 2.1% Expenditures 2,240,201 2,434,865 2,310,930 (123,935)-5.1% Net Revenues Less Expenditures 804,054 761,961 952,811 Central Services Revenues 255,839 267,330 228,566 (38,764)-14.5% Expenditures 270,577 248,954 189,711 (59,242)-23.8% Net Revenues Less Expenditures (14,738)18,377 38,855 Debt Service Funds 2015 expenditures include $2.27 million in transfers to reimburse Street Operating for funds used to complete LID funded projects. An additional $425,000 was transferred in 2016. Enterprise Funds Internal Service Funds 44 2015 2016 2017 thru August thru August thru August Operating revenues and expenditures only; capital and non-capital projects are excluded. Variance August 2017 Monthly Financial Report City of Kent, Washington Other Funds Overview (Revenues and Expenditures) Year-to-Year Month Comparison 2016-17 Information Technology Revenues 4,730,321 5,027,191 5,262,311 235,120 4.7% Expenditures 4,171,800 3,766,577 4,675,939 909,362 24.1% Net Revenues Less Expenditures 558,521 1,260,614 586,372 Facilities Revenues 3,552,655 3,574,739 3,125,979 (448,760)-12.6% Expenditures 2,783,920 2,825,986 2,659,088 (166,898)-5.9% Net Revenues Less Expenditures 768,735 748,753 466,891 Unemployment Revenues 265,581 277,297 117,753 (159,544)-57.5% Expenditures 77,843 115,260 49,293 (65,967)-57.2% Net Revenues Less Expenditures 187,739 162,037 68,461 Workers Compensation Revenues 737,958 785,251 710,358 (74,892)-9.5% Expenditures 622,257 734,703 693,568 (41,135)-5.6% Net Revenues Less Expenditures 115,702 50,548 16,791 Employee Health & Wellness Revenues 6,965,844 7,126,139 7,274,581 148,443 2.1% Expenditures 7,337,329 7,654,363 9,128,911 1,474,548 19.3% Net Revenues Less Expenditures (371,485)(528,224)(1,854,330) Liability Insurance Revenues 756,993 761,346 1,662,920 901,573 118.4% Expenditures 1,226,356 1,505,446 2,382,405 876,958 58.3% Net Revenues Less Expenditures (469,363)(744,100)(719,485) Property Insurance Revenues 388,644 408,548 373,389 (35,159)-8.6% Expenditures 669,302 622,590 577,428 (45,162)-7.3% Net Revenues Less Expenditures (280,658)(214,042)(204,039) 45 2017 2017 2017 2017 Beginning Fund Balance Estimated Revenues Estimated Expenditures Ending Fund Balance Operating revenues and expenditures only; capital and non-capital projects are excluded. General Fund 19,987,828 97,184,160 95,760,010 21,411,978 Street Fund 2,393,645 12,984,000 12,371,030 3,006,615 LEOFF 1 Retiree Benefits 1,174,261 1,113,900 1,056,500 1,231,661 Lodging Tax 469,387 304,000 218,800 554,587 Youth/Teen Programs 91,130 934,850 942,000 83,980 Capital Resources 11,277,727 15,153,150 15,498,530 10,932,347 Criminal Justice 5,697,717 5,777,700 4,168,300 7,307,117 ShoWare Operating 2,147,074 1,150,000 796,550 2,500,524 Other Operating 436,914 135,020 98,000 473,934 Councilmanic Debt Service 521,394 11,159,200 10,316,410 1,364,184 Special Assessments Debt Service 1,188,906 1,561,380 2,585,830 164,456 Water Utility 10,698,494 25,727,630 22,901,490 13,524,634 Sewer/Drainage Utility 10,672,705 52,996,540 48,512,760 15,156,485 Solid Waste Utility 302,528 903,710 464,010 742,228 Golf Complex (3,768,128) 2,309,000 2,810,000 (4,269,128) Fleet Services 5,134,423 4,822,000 5,238,330 4,718,093 Central Services (63,568) 362,000 355,200 (56,768) Information Technology 3,640,615 7,953,550 8,655,460 2,938,705 Facilities 2,340,684 4,768,750 4,977,300 2,132,134 Unemployment 1,332,446 152,000 110,000 1,374,446 Workers Compensation 2,305,514 1,052,700 1,121,680 2,236,534 Employee Health & Wellness 4,681,152 12,995,990 14,629,950 3,047,192 Liability Insurance 1,754,057 2,079,600 2,708,500 1,125,157 Property Insurance 531,548 558,000 443,200 646,348 Enterprise Funds Internal Service Funds August 2017 Monthly Financial Report City of Kent, Washington Fund Balances General Fund Special Revenue Funds Debt Service Funds 46 Project Prior Years 2017 Total Balance Budgets Actuals YTD to Date Remaining Street Fund Resources 6,460,235 3,162,970 1,537,896 4,700,866 1,759,369 Expenditures 6,460,235 3,098,248 885,556 3,983,804 2,476,431 Net Resources Less Expenditures 64,722 652,340 717,062 (717,062) Capital Resources Resources 1,240,800 1,190,800 670 1,191,470 49,330 Expenditures 1,240,800 909,908 451,717 1,361,626 (120,826) Net Resources Less Expenditures 280,892 (451,047)(170,156)170,156 Criminal Justice Resources 1,586,668 1,340,452 202,568 1,543,020 43,648 Expenditures 1,586,668 1,285,898 198,863 1,484,761 101,907 Net Resources Less Expenditures 54,555 3,704 58,259 (58,259) Housing & Community Development Resources 2,743,458 1,147,082 295,376 1,442,458 1,301,000 Expenditures 2,743,458 1,147,082 485,924 1,633,006 1,110,452 Net Resources Less Expenditures (190,548)(190,548)190,548 ShoWare Operating Resources Expenditures 2,303 2,303 (2,303) Net Resources Less Expenditures (2,303)(2,303)2,303 Other Operating Resources 713,213 934,302 81,360 1,015,662 (302,449) Expenditures 713,213 769,427 72,589 842,015 (128,802) Net Resources Less Expenditures 164,875 8,771 173,646 (173,646) Street Capital Projects Resources 250,929,622 204,506,027 8,691,223 213,197,250 37,732,372 Expenditures 250,929,622 193,018,745 12,436,116 205,454,861 45,474,761 Net Resources Less Expenditures 11,487,282 (3,744,893)7,742,389 (7,742,389) Parks Capital Projects Resources 20,414,380 14,760,491 1,449,298 16,209,789 4,204,591 Expenditures 20,414,380 10,534,170 2,172,829 12,706,999 7,707,381 Net Resources Less Expenditures 4,226,322 (723,531)3,502,790 (3,502,790) Technology Capital Projects Resources 8,645,795 5,900,815 4,400 5,905,215 2,740,580 Expenditures 8,645,795 1,149,213 602,834 1,752,047 6,893,748 Net Resources Less Expenditures 4,751,602 (598,434)4,153,168 (4,153,168) Facilities Capital Projects Resources 9,102,238 9,102,239 9,102,239 (1) Expenditures 9,102,238 7,874,081 1,185,801 9,059,882 42,356 Net Resources Less Expenditures 1,228,157 (1,185,801) 42,357 (42,357) Other Capital Projects Resources 18,540,530 17,983,496 17,983,496 557,034 Expenditures 18,540,530 17,345,068 122,237 17,467,305 1,073,225 Net Resources Less Expenditures 638,429 (122,237)516,191 (516,191) August 2017 Monthly Financial Report City of Kent, Washington Capital and Non-Capital Projects Special Revenue Funds Capital Project Funds 47 Project Prior Years 2017 Total Balance Budgets Actuals YTD to Date Remaining August 2017 Monthly Financial Report City of Kent, Washington Capital and Non-Capital Projects Water Utility Resources 39,595,620 32,607,945 139,000 32,746,945 6,848,675 Expenditures 39,595,620 16,430,893 1,890,374 18,321,267 21,274,353 Net Resources Less Expenditures 16,177,052 (1,751,374)14,425,678 (14,425,678) Sewer/Drainage Utility Resources 114,567,670 100,660,596 3,046,248 103,706,844 10,860,826 Expenditures 114,567,670 78,013,413 2,750,905 80,764,318 33,803,352 Net Resources Less Expenditures 22,647,183 295,344 22,942,526 (22,942,526) Golf Complex Resources 400,000 300,000 300,000 100,000 Expenditures 400,000 231,877 45,224 277,100 122,900 Net Resources Less Expenditures 68,123 (45,224) 22,900 (22,900) Facilities Resources 5,460,007 4,734,007 69,000 4,803,007 657,000 Expenditures 5,460,007 3,398,024 365,629 3,763,652 1,696,355 Net Resources Less Expenditures 1,335,984 (296,629)1,039,355 (1,039,355) Enterprise Funds Internal Service Funds 48 FINANCE DEPARTMENT Aaron BeMiller, Director Phone: 253-856-5260 Fax: 253-856-6255 Address: 220 Fourth Avenue S. Kent, WA. 98032-5895 DATE: October 17, 2017 TO: Operations Committee FROM: Aaron BeMiller, Director SUBJECT: Director’s Report – Information Only MOTION: Information Only SUMMARY: The Finance Director will report out financial or operational item(s). BUDGET IMPACT: n/a BACKGROUND: n/a 49 This page intentionally left blank 50