HomeMy WebLinkAboutCity Council Committees - Operations Committee - 09/20/2016 (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 4th Ave S, Kent, 98032.
For additional information please contact Jennifer Hays at 253-856-5700.
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
September 20, 2016
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 8/16/2016 thru 8/31/2016
YES Chair Ralph 2
5. Approval of Meeting Minutes Dated
September 6, 2016
YES Chair Ralph 2 1
6. Port of Seattle Partnership Program –
City Application – Resolution –
Recommend
YES William Ellis 10 5
7. Write-offs of Uncollectable Accounts -
Recommend
YES Aaron BeMiller 5 29
8. July Financial Report – Information Only NO Aaron BeMiller
5 31
9. Director’s Report – Information Only NO Aaron BeMiller 5 47
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OPERATIONS COMMITTEE MINUTES
September 6, 2016
Committee Members Present: Les Thomas; Bill Boyce; and Dana Ralph, Chair
The meeting was called to order by Dana Ralph at 4:00 p.m.
1. ROLL CALL.
2. CHANGES TO THE AGENDA.
There were no changes to the agenda.
3. APPROVAL OF THE CHECK SUMMARY REPORT DATED 8/01/2016 THRU
8/15/2016.
L. Thomas moved to approve the check summary report dated 8/01/2016 thru
8/15/2016. B. Boyce seconded the motion, which passed 3-0.
4. APPROVAL OF MINUTES DATED AUGUST 16, 2016.
B. Boyce moved to approve the Operations Committee minutes dated August 16, 2016.
L. Thomas seconded the motion, which passed 3-0.
5. WATER DISTRICT #111 FRANCHISE NEGOTIATIONS – INFORMATION ONLY.
City Attorney Tom Brubaker informed members regarding current franchise negotiations
with Water District #111; a special purpose district which operates in a portion of Kent
on the eastern edge, in and around the old Meridian annexation. Reasons for these
negotiations are: historically, special purpose districts haven’t paid utility tax although
they are a utility (utility taxes are general purpose taxes known as revenues that pay
for police, streets, parks and general government services); and by not paying utility
taxes, an argument can be made that special purpose district customers do not
contribute the same amount to the city general purpose tax revenue as those who do
pay city utility tax.
As a result of a court of appeals case involving the City of Wenatchee, a city can impose
a utility tax but only on the portion of the utility that is run like a business, or
proprietary, to the extent that a utility run government service could not be taxed. For
example, if it is metered like water that’s the business, proprietary end (taxable), but if
it is for fire flow or fire control that’s a general government service (nontaxable). Since
this was a court of appeals ruling and not a supreme court ruling it is possible the ruling
can be reversed.
Basic franchise terms include: defines revenue broadly to include all operating services
but does not include capital investment services; the franchise fee on the gross revenue
is six percent; term is ten years with an option to extend another five years; franchise
includes relocation requirements, if the district installs a new system and the City
requires them to move it within the first ten years the cost will be split equally, if it is
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Operations Committee Minutes
September 6, 2016
Page: 2
after the first ten years the district is responsible for the full amount; and other
language and terminology. In return for paying the fee, the City has agreed not to
assume, or take over, the district as well as not allowing the City to impose other taxes.
6. RECONSIDERATION OF PROHIBITION ON HOUSE-BANKED SOCIAL CARD
GAMES – INFORMATION ONLY.
Deputy City Attorney Pat Fitzpatrick provided members with details to reconsider the
prohibition of social card rooms, otherwise known as house-banked card rooms under
state law. At the request of Councilmember Thomas the law department has done some
initial research on law surrounding the card rooms as well as the process the City will
have to follow upon ending the prohibition.
Currently, card rooms are not allowed within the City unless it has been grandfathered
in by an annexation, which, at this time there are no card rooms in Kent. There are two
ways to approach this decision if the City decides to move forward, they are: approving
a zoning ordinance to allow card rooms in certain areas of the city; or, allowing them in
all areas of the city.
Comments made by committee members were regarding the public safety aspect of
allowing card rooms as well as preserving the downtown area. Next steps will be to add
this to the Land Use work plan for 2017.
It is estimated the City of Tukwila gets $300,000 in tax revenue from each of their four
card rooms.
7. CITY INVESTMENT REPORT – INFORMATION ONLY.
Finance Director Aaron BeMiller and Senior Financial Advisor Joe Bartlemay provided
current information regarding the investment report as well as updated members about
a contract that Finance is interested in pursuing.
Mr. Bartlemay informed members on the current state of the city investment report. As
of June 30, 2016, the end of the second quarter, the City has a little over $118 million in
investments, just under $20 million of that is long-term investments and a little over
$98 million of that is the state local government investment pool (the very liquid and
accessible investment fund). The average rate of return is 1.343 percent and the
average years to mature are 2.52 years. A few activity highlights to report are: a new
FICO Strip was purchased for under $4 million with a yield of .84 percent that will
mature in 2018; an older investment purchased in 1990 has fully matured; a CD has
matured and was renewed for another 12 month term; an investment that was
purchased last year has been refinanced; and three investment brokers were
interviewed.
Mr. BeMiller updated members on one of the investment brokers that were interviewed,
PFM Asset Management. This firm of investment professionals would take over the City’s
portfolio with the caveat that the money still belongs to the City, and the City would
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Operations Committee Minutes
September 6, 2016
Page: 3
sign-off on any investments being made. The investment would be $25 million and the
cost would be about $25,000 annually.
8. DIRECTOR’S REPORT – INFORMATION ONLY.
Mr. BeMiller updated members on the 2016 Financial Status report for the quarter ended
June 30. From a cash perspective, the City is in a good place. The general fund cash flow
started 2016 a bit lower because an investment was made at the end of 2015 but the
cash flow has moved past where the City was at this time last year. Revenues are right
where they should be with a revised budget of $86,730,470 and actuals through second
quarter of $44,781,438.
Finance Deputy Director Barbara Lopez was invited to speak about the Business and
Occupation revenue collections. With strong collections coming in, it looks like the year
will end with approximately $7.5 million. There are three categories to collection
statistics, they are: taxpayer accounts added (a new business to the city or a business
that has been open and has recently acquired a city business license); delinquent
account collections (businesses that have filed that may have fallen off track); and audit
and compliance (there may be numbers that need to be looked into further). So far,
there has been about $2 million in past due amounts collected from 320 tax payers with
an expected average $530,000 revenue collected annually. Program costs are expected
to end the year very close to budget, which is $713,070.
The meeting was adjourned at 4:55 p.m. by D. Ralph.
J. Hays
Jennifer Hays
Operations Committee Secretary
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4
ECONOMIC AND COMMUNITY DEVELOPMENT DEPARTMENT
Ben Wolters, Director
Phone: 253-856-5703
Fax: 253-856-6454
Address: 220 Fourth Avenue S.
Kent, WA. 98032-5895
DATE: September 20, 2016
TO: Operations Committee
FROM: William Ellis, Economic Development Analyst
SUBJECT: Port of Seattle Partnership Program –City Application –
Resolution – Recommend
MOTION: Recommend Council adopt a resolution declaring support for the
city’s application to the Port of Seattle’s Economic Development
Partnership Program. The city proposes to contract with the Food
Innovation Network to establish a commercial kitchen in Kent for
incubation of small businesses. The Mayor is authorized to make a formal
cooperative agreement with the Port of Seattle to receive funding and to
execute a contract with the Food Innovation Network.
SUMMARY: The project will benefit the City by helping both new and existing
businesses achieve sustainable growth in revenue and jobs. There is vast potential
represented by the growing foreign-born population in our region to develop value-
added food products (either traditional or innovative) for export to foreign.
Moreover, the Seattle metro, and South King County in particular, are home to a
vast array of authentic eateries representing the globe. Although South King County
has numerous home based food businesses--many of them owned and operated by
immigrants and refugees—recent studies have shown there to be a dearth of
commercial kitchens to professionally scale up and graduate these into "brick and
mortar" locations.
The City proposes to contract with the Food Innovation Network to provide
commercial kitchen access at reduced cost for 6-10 entrepreneurs ready to launch
their businesses at a new commercial kitchen in downtown Kent. In addition to a
sliding scale rental fee, entrepreneurs at the new café and kitchen would receive a
small grant to cover license and permit costs. Entrepreneurs agree to work with a
business coach, develop a business plan and start a business checking and savings
account, and meet monthly as a cohort for peer learning and support.
5
The Food Innovation Network (FIN) includes organizations, educational institutions,
local government, and community members working to create pathways for health,
wealth, and success through food system revitalization. The City of Kent, through
these Port of Seattle grant dollars, will be joining other FIN contributors including:
Jewish Family Service, Global to Local, the Human Services Managers of SeaTac
and Tukwila, the YMCA of Tukwila, small business advisory group Ventures, and
StartZone at Highline College. The FIN organization is currently funded by the CDC,
the Seattle Foundation (Communities of Opportunity), and the Public Health
Departments of both Seattle & King County.
FIN member, the non-profit social venture Project Feast, will provide 50 hours per
entrepreneur for commercial kitchen orientation, mentorship and weekly workshops
on topics like recipe development, networking with successful food entrepreneurs,
etc. We envision 5-7 entrepreneurs will receive consultation and workshops from
Project Feast and its partners in 2017. The City proposes to utilize its existing
contract with the Green River College Small Business Development Center as
matching funds by making the time of the small business advisor available to
entrepreneurs at the kitchen and international café.
The FIN pilot kitchen incubator project helps to implement the City of Kent's 2014
Economic Development Strategy and its goals; specifically from our Economic
Development Strategic Plan:
I. Promote the image of Kent (action steps 1.1.2 Develop a City-Wide Brand,
and 1.1.3 Include Diverse Cultural Identities);
II. Strengthen & Enhance Competitiveness of Kent Commercial Centers;
(action step 2.5.6 Highlight Cultural Diversity)
III. Business Climate: Highlight Support for Local Business (action step 3.1.3)
EXHIBITS: (A) city application; and (B) projected budget with match
BUDGET IMPACT: N/A
6
RESOLUTION NO. ___________
A RESOLUTION of the City Council of the
City of Kent, Washington, in support of the City’s
2016 application to the Port of Seattle’s Economic
Development Partnership Program.
RECITALS
A. The Port of Seattle has created a cooperative economic
development program to help fund local development issues, the “Port of
Seattle Economic Development Partnership Program.” The program is
designed to support local projects that create jobs, foster business growth,
and support the Port’s business interests.
B. Under the grant proposal, the city will seek grant funding in
the amount of $65,000 to set up a commercial kitchen with the Food
Innovation Network (FIN) and their non-profit member Project Feast. The
Food Innovation Network includes organizations, educational institutions,
local government, and community members working to create pathways
for health, wealth, and success through food system revitalization. FIN’s
responsibility will be to set up the commercial kitchen so that members of
the network can pilot a food business incubator in Kent that will offer
1 Port
of Seattle’s Economic
Development Partnership
Programt Application
Resolution
7
cross-organizational resources and commercial kitchen space to
underserved entrepreneurs.
C. The city of Kent considers it in the best public interest to
complete the projects described in the application(s) as it represents an
alignment of the City’s strategic vision and the Port of Seattle’s Century
Agenda.
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF KENT,
WASHINGTON, DOES HEREBY RESOLVE AS FOLLOWS:
RESOLUTION
SECTION 1. - The Mayor is authorized to submit all materials
necessary to submit this grant application and to make a formal
cooperative agreement with the Port of Seattle to receive the funding, if
awarded. The organization name for the grant application is the city of
Kent, a Washington municipal corporation. The project name of this
application is the “Port of Seattle Economic Development Partnership
Program, 2016 Funding Application.” A substantially complete draft of the
city’s application is attached as Exhibit A.
SECTION 2. - Any grant assistance received will be used for direct
costs associated with implementation of the project as described in the
city’s application to the Port of Seattle.
SECTION 3. - The city expects to receive the required matching
share of project funding for this project from existing contract work with
the Green River College’s Small Business Development Center to support
2 Port
of Seattle’s Economic
Development Partnership
Programt Application
Resolution
8
local and small businesses. The project’s estimated budget is attached as
Exhibit B.
SECTION 4. – The city acknowledges that the Port of Seattle will
issue grant funds, if awarded, on a reimbursement basis. The city
understands reimbursement basis means that the city may only request
reimbursement from the Port of Seattle’s Economic Development Office
after the city incurs and pays eligible and allowable costs.
SECTION 5. – Severability. If any one or more section, subsection,
or sentence of this resolution is held to be unconstitutional or invalid, such
decision shall not affect the validity of the remaining portion of this
resolution and the same shall remain in full force and effect.
SECTION 6. – Corrections by City Clerk. Upon approval of the city
attorney, the city clerk is authorized to make necessary corrections to this
resolution, including the correction of clerical errors; resolution, section, or
subsection numbering; or references to other local, state, or federal laws,
codes, rules, or regulations.
SECTION 7. – Effective Date. This resolution shall take effect
immediately upon its passage.
PASSED at a regular open public meeting by the City Council of the
City of Kent, Washington, this day of ____________, 2016.
CONCURRED in by the Mayor of the City of Kent this ______ day of
__________________, 2016.
3 Port
of Seattle’s Economic
Development Partnership
Programt Application
Resolution
9
SUZETTE COOKE, MAYOR
ATTEST:
SUE HANSON, INTERIM CITY CLERK
APPROVED AS TO FORM:
TOM BRUBAKER, CITY ATTORNEY
P:\Civil\Resolution\Resolution_Portofseattle_Economicdevelopmentpartnershipprogram_Foodinnovationnetworkapplication.Docx
4 Port
of Seattle’s Economic
Development Partnership
Programt Application
Resolution
10
EXHIBIT A 11
EXHIBIT A 12
EXHIBIT A 13
EXHIBIT A 14
EXHIBIT A 15
EXHIBIT A 16
EXHIBIT A 17
EXHIBIT A 18
EXHIBIT A 19
EXHIBIT A 20
EXHIBIT A 21
EXHIBIT A 22
EXHIBIT A 23
EXHIBIT A 24
EXHIBIT A 25
EXHIBIT A 26
EXHIBIT A 27
Category Port of Seattle Funds Matching Funds Total Funds Notes
Low-cost commercial kitchen access for entrepreneurs 10500 9400 19900 Rent/utilities and repair/maintenance
Entrepreneur startup support for licensing and permits 5000 2500 7500 $750/entrepreneur
Project Feast consultation to entrepreneurs already being incubated 9000 9000 Chef + Kitchen Manager
Project Feast pre-incubation services 28800 28800 Chef + Kitchen Manager + Program Coordinator + supplies
Project Feast pop-up dining coordination 4800 4800 Chef + Kitchen Manager
Service provider coordination and entrepreneur support 6900 8100 15000
FIN project management and coordination of cohort activities 0 17400 17400
65000 37400 102400
EXHIBIT B 28
Kent Council Operations Committee Uncollectable Accounts Receivable Write-off
FINANCE
Aaron BeMiller Director
Phone: 253-856-5260
Fax: 253-856-6255
Address: 220 Fourth Avenue S.
Kent, WA. 98032-5895
DATE: September 20, 2016
TO: Kent City Council Operations Committee
FROM: Aaron BeMiller, Finance Director
SUBJECT: Write-offs of Uncollectable Accounts - Recommend
MOTION: Recommend Council authorize the Mayor to write-off
uncollectable accounts owed to the City in the amount of $59,429.20,
subject to final approval of the Finance Director and City Attorney.
SUMMARY: Authorization is requested to write-off $59,429.20 in uncollectable
accounts receivable. The accounts receivable balance as of 8/31/16 was
$2,665,142.37 and the requested write-off represents 2.2% of the balance.
$1,448.28 of the requested write-off consists of interest and finance charges.
Of the $59,429.20: $3,765.07 represents unpaid fire permits for businesses that
have closed; $24,080.69 is for violations and fines; $26,935.05 is for damage
caused to City property; and the remaining $4,648.39 is comprised of
miscellaneous city services. Accounts in collections are from 2008 to 2012.
Accounts outside of collections consist of Park’s programs additional fees from 2001
to 2009 and one account from 2015, which have been deemed uncollectable.
EXHIBITS: 2016 Write-offs Summary
BUDGET IMPACT: There is no budget impact as a result of this motion as these
accounts have already been fully reserved as doubtful accounts and are not
included in the net accounts receivable amount.
29
Misc. Accounts Receivables Write-offs:
Year: Summary of Billing:Amount: Services:
2009-2012 Fire Permits - In Collections 3,765.07 Permits/Closed businesses
2008-2012 Violations and Fines - In Collections 24,080.69 Outstanding code violaitons and fines
2011-2012 Damage to City property - In Collections 26,935.05 Various PW Repairs and Services
2010-2011 Permits - In Collections 2,036.17 Permit NSF Checks
2011-2012 Misc. City Services - In Collections 2,180.62 Security/Legal/Overtime/Program fees
2001-2015 Misc. City Services 431.60 NSF check & Late pick up fees/Printing
TOTAL - 2016 WRITE-OFFS:$59,429.20
30
FINANCE
Aaron BeMiller, Director
Phone: 253-856-5260
Fax: 253-856-6255
Address: 220 Fourth Avenue S.
Kent, WA. 98032-5895
DATE: September 20, 2016
TO: Operations Committee
FROM: Aaron BeMiller, Director
SUBJECT: July Financial Report – Information Only
MOTION: Information Only
SUMMARY: The Finance Director will report on the July 2016 financial report.
BUDGET IMPACT:
BACKGROUND:
31
2016
Adj Budget
2016
YTD
2016
Est Actual
Variance
Favorable
(Unfavorable)
%Variance
Favorable
(Unfavorable)
Revenues 87,662,060 51,326,203 90,973,690 3,311,630 3.8%
Expenditures 89,155,760 44,204,554 88,113,090 1,042,670 1.2%
Net Revenues Less Expenditures (1,493,700) 7,121,649 2,860,600 4,354,300
Beginning Fund Balance 15,372,499 15,372,499 15,372,499
Ending Fund Balance 13,878,799 22,494,148 18,233,099
Ending Fund Balance Detail:
General Fund Reserves 11,036,189 15,464,299
12.4%17.6%
Contingency for Unanticipated Costs 1,500,000 1,500,000
Strategic Opportunities Fund 425,000 425,000
Restricted for Annexation 917,610 843,800
Revenue Overview
Expenditures Overview
July 2016 Monthly Financial Report
City of Kent, Washington
General Fund Overview
Summary
Analysis through July show both revenues and expenditures ending the year favorable compared to budget, creating
an overall positive variance amount of $4.3m. The current estimated ending fund balance reserves for 2016
calculates to 17.6% of estimated 2016 expenses.
Revenues are estimated to end the year at nearly $3.3m or 3.8% higher than budgeted. Most of the City's major
revenue sources show positive variances compared to budget, including sales tax ($600k), licenses and permits
($323k), and B&O ($1.2m). This is offset by unfavorable variances compared to budget for other taxes ($165k) and
forfeitures ($32k).
Through July, all departments are remaining fairly close to budget. Any significant variances are discussed on the
following pages.
32
Revenue Categories 2016
Adj Budget
2016
YTD
2016
Est Actual
Variance
Favorable
(Unfavorable)
%Variance
Favorable
(Unfavorable)
Taxes:
Property 22,210,230 11,911,266 22,363,300 153,070 0.7%
Sales & Use 18,633,990 11,115,598 19,240,500 606,510 3.3%
Utility 18,140,150 11,426,045 18,458,200 318,050 1.8%
Business & Occupation 6,500,000 3,584,504 7,694,500 1,194,500 18.4%
Other 1,100,100 450,400 934,600 (165,500) -15.0%
Licenses and Permits 5,139,120 3,424,664 5,462,600 323,480 6.3%
Intergovernmental Revenue 7,419,970 4,316,195 7,919,300 499,330 6.7%
Charges for Services 4,627,290 3,149,739 4,722,000 94,710 2.0%
Fines and Forfeitures 1,565,970 941,547 1,534,000 (31,970)-2.0%
Miscellaneous Revenue 1,393,650 1,006,246 1,713,100 319,450 22.9%
Transfers In 931,590 - 931,590 -
Total Revenues 87,662,060 51,326,203 90,973,690 3,311,630 3.8%
Variance Notes
July 2016 Monthly Financial Report
City of Kent, Washington
General Fund Overview - Revenues
Other Taxes: Estimated reduction of $165,000 due to the closure of a casino in the first quarter of 2015. The
2016 budget was not updated to reflect the closure.
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.
Miscellaneous Revenue: Continues a steady positive trend again this year, largely due to interest on
investments. Year-end projection is expected to exceed budget by just over $300k, which equates to 23%.
B&O Taxes: Conservatively estimated to end the year at nearly $1.2m over budget, due to onboarding and
collection efforts of the expanded B&O team.
Sales & Use Taxes: Continues a steady positive trend this year with year-end revenues projected to be
$600,000 over budget, which equates to 3.3%.
33
Prior Year
Revenues
Budgeted
Revenues
Actual
Revenues
January 5,234 4,899 4,829
February 4,537 5,263 5,138
March 6,375 7,118 6,546
April 15,434 14,001 16,091
May 6,025 6,815 6,600
June 5,793 6,138 5,578
July 6,619 5,508 6,545
August 4,702 4,683 0
September 6,462 6,411 0
October 15,775 14,340 0
November 5,636 5,753 0
December 8,678 6,731 0
Total 91,270 87,662 51,326
Prior Year
Revenues
Budgeted
Revenues
Actual
Revenues
January 0 0 0
February 167 173 199
March 718 678 719
April 8,857 8,468 9,550
May 1,667 2,163 1,305
June 110 125 83
July 25 36 55
August 87 94 0
September 573 483 0
October 8,564 8,452 0
November 1,084 1,362 0
December 164 177 0
Total 22,016 22,210 11,911
Prior Year
Revenues
Budgeted
Revenues
Actual
Revenues
January 1,435 1,429 1,461
February 1,817 1,867 2,026
March 1,414 1,347 1,519
April 1,408 1,335 1,575
May 1,493 1,539 1,739
June 1,333 1,363 1,236
July 1,456 1,542 1,560
August 1,681 1,674 0
September 1,605 1,581 0
October 1,478 1,553 0
November 1,718 1,696 0
December 1,745 1,708 0
Total 18,583 18,634 11,116
Sales Tax
July 2016 Monthly Financial Report
City of Kent, Washington
General Fund Revenues ($ in Thousands)
All Revenues Sources
Property Tax
$0
$10,000
$20,000
$30,000
$40,000
$50,000
$60,000
$70,000
$80,000
$90,000
$100,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
16 Bud 15 Act 16 Act
$0
$5,000
$10,000
$15,000
$20,000
$25,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
16 Bud 15 Act 16 Act
$0
$5,000
$10,000
$15,000
$20,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
16 Bud 15 Act 16 Act
34
July 2016 Monthly Financial Report
City of Kent, Washington
General Fund Revenues ($ in Thousands)
Prior Year
Revenues
Budgeted
Revenues
Actual
Revenues
January 1,965 1,978 2,115
February 1,578 1,533 1,708
March 1,560 1,495 1,584
April 1,529 1,825 1,597
May 1,459 1,378 1,491
June 1,393 1,308 1,368
July 1,497 1,691 1,563
August 1,513 1,283 0
September 1,518 1,473 0
October 1,446 1,484 0
November 1,451 1,314 0
December 1,242 1,379 0
Total 18,152 18,140 11,426
Prior Year
Revenues
Budgeted
Revenues
Actual
Revenues
January 11 7 1
February 18 52 2
March 103 148 165
April 1,784 1,704 1,383
May 77 245 737
June 52 121 115
July 1,790 1,339 1,632
August 115 200 0
September 77 102 0
October 1,893 1,326 0
November 254 283 0
December 2,505 2,072 0
Total 8,680 7,600 4,035
Prior Year
Revenues
Budgeted
Revenues
Actual
Revenues
January 1,444 1,387 1,252
February 957 921 1,203
March 2,579 2,631 2,559
April 1,477 1,292 1,986
May 1,329 1,381 1,328
June 2,905 2,989 2,775
July 1,461 1,408 1,734
August 1,305 1,319 0
September 2,690 2,678 0
October 2,006 1,597 0
November 1,129 1,000 0
December 3,000 2,474 0
Total 22,283 21,078 12,838
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
16 Bud 15 Act 16 Act
$0
$2,000
$4,000
$6,000
$8,000
$10,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
16 Bud 15 Act 16 Act
$0
$5,000
$10,000
$15,000
$20,000
$25,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
16 Bud 15 Act 16 Act
35
Department 2016
Adj Budget
2016
YTD
2016
Est Actual
Variance
Favorable
(Unfavorable)
%Variance
Favorable
(Unfavorable)
City Council 351,780 180,769 317,700 34,080 9.7%
Mayor's Office/City Clerk 2,415,270 1,328,260 2,275,700 139,570 5.8%
Economic & Community Dev 6,026,570 3,134,056 5,875,400 151,170 2.5%
Finance 2,644,570 1,600,339 2,709,980 (65,410)-2.5%
Fire Contracted Services 3,537,380 2,128,384 3,610,400 (73,020)-2.1%
Human Resources 2,133,970 895,648 1,794,100 339,870 15.9%
Information Technology 480,010 299,944 510,700 (30,690)-6.4%
Law 1,464,870 847,867 1,459,700 5,170 0.4%
Municipal Court 3,042,040 1,780,970 3,038,500 3,540 0.1%
Parks, Recreation & Comm Svcs 16,888,500 9,179,308 16,423,800 464,700 2.8%
Police 34,941,870 20,152,038 34,891,700 50,170 0.1%
Public Works 1,436,120 884,266 1,412,600 23,520 1.6%
Non-Departmental 13,792,810 1,792,705 13,792,810
Total Expenditures 89,155,760 44,204,554 88,113,090 1,042,670 1.2%
Variance Notes
July 2016 Monthly Financial Report
City of Kent, Washington
General Fund Overview - Expenditures
Human Resources - Salary savings due to vacant positions, coupled with underspending in contracted
services.
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.
36
2014 2015 2016 2016 2016
Actual Actual Adj Budget YTD Est Actual
Beginning Fund Balance 7,471,860 *11,312,140 15,372,499 15,372,499 15,372,499
Revenues
Taxes:
Property 20,696,272 22,015,525 22,210,230 11,911,266 22,363,300
Sales & Use 17,761,585 18,583,057 18,633,990 11,115,598 19,240,500
Utility 17,775,687 18,151,853 18,140,150 11,426,045 18,458,200
Business & Occupation 303,600 7,655,281 6,500,000 3,584,504 7,694,500
Other 1,106,821 1,023,500 1,100,100 450,400 934,600
Licenses and Permits 5,818,615 5,827,474 5,139,120 3,424,664 5,462,600
Intergovernmental Revenue 7,515,935 7,783,935 7,419,970 4,316,195 7,919,300
Charges for Services 6,182,649 5,814,133 4,627,290 3,149,739 4,722,000
Fines and Forfeitures 1,284,798 1,660,366 1,565,970 941,547 1,534,000
Miscellaneous Revenue 1,533,392 1,756,485 1,393,650 1,006,246 1,713,100
Transfers In 931,217 996,921 931,590 - 931,590
Total Revenues 80,910,572 91,268,530 87,662,060 51,326,203 90,973,690
Expenditures
City Council 293,125 298,884 351,780 180,769 317,700
Mayor's Office/City Clerk 1,927,073 2,211,861 2,415,270 1,328,260 2,275,700
Economic & Community Dev 5,251,662 5,345,212 6,026,570 3,134,056 5,875,400
Finance 2,363,613 2,419,039 2,644,570 1,600,339 2,709,980
Fire Contracted Services 3,422,675 3,513,988 3,537,380 2,128,384 3,610,400
Human Resources 1,167,331 1,039,875 2,133,970 895,648 1,794,100
Information Technology 349,002 456,328 480,010 299,944 510,700
Law 1,003,202 1,198,769 1,464,870 847,867 1,459,700
Municipal Court 2,849,954 2,988,951 3,042,040 1,780,970 3,038,500
Parks, Recreation & Comm Svcs 14,854,585 15,897,126 16,888,500 9,179,308 16,423,800
Police 31,263,200 32,992,234 34,941,870 20,152,038 34,891,700
Public Works 4,929,327 4,896,300 1,436,120 884,266 1,412,600
Non-Departmental 7,395,544 13,950,543 13,792,810 1,792,705 13,792,810
Total Expenditures 77,070,292 87,209,110 89,155,760 44,204,554 88,113,090
Net Revenues less Expenditures 3,840,280 4,059,420 (1,493,700)2,860,600
Ending Fund Balance 11,312,140 15,371,559 13,878,799 18,233,099
Ending Fund Balance Detail:
General Fund Reserves 8,159,940 11,748,219 11,036,189 15,464,299
9.4%13.2% 12.4%17.6%
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 1,652,200 1,698,340 917,610 843,800
* 2014 beginning fund balance reduced by $2,026,000 to reflect the prior period adjustment required to properly
record the repayment owed to the Utility Funds.
July 2016 Monthly Financial Report
City of Kent, Washington
General Fund
37
2014 2015 2016 % of
thru July thru July thru July Budget
Revenues
Taxes:
Property 10,878,815 11,544,253 11,911,266 367,013 3.2% 53.6%
Sales & Use 9,677,539 10,356,843 11,115,598 758,755 7.3% 59.7%
Utility 11,883,945 12,127,364 11,426,045 (701,319) -5.8% 63.0%
Business & Occupation 300,000 3,379,857 3,584,504 204,647 6.1% 55.1%
Other 473,612 456,233 450,400 (5,832) -1.3% 40.9%
Licenses and Permits 3,049,794 2,631,611 3,424,664 793,053 30.1% 66.6%
Intergovernmental Revenue 3,944,918 4,038,003 4,316,195 278,192 6.9% 58.2%
Charges for Services 3,936,372 3,421,692 3,149,739 (271,953) -7.9% 68.1%
Fines and Forfeitures 823,786 1,069,958 941,547 (128,411) -12.0% 60.1%
Miscellaneous Revenue 820,658 991,337 1,006,246 14,909 1.5% 72.2%
Transfers In - - - -
Total Revenues 45,789,439 50,017,149 51,326,203 1,309,054 2.6% 58.6%
Expenditures
City Council 167,330 176,408 180,769 4,361 2.5% 51.4%
Mayor's Office/City Clerk 1,096,928 1,273,954 1,328,260 54,306 4.3% 55.0%
Economic & Community Dev 2,976,159 2,990,079 3,134,056 143,977 4.8% 52.0%
Finance 1,215,678 1,349,747 1,600,339 250,592 18.6% 60.5%
Fire Contracted Services 2,000,676 2,083,585 2,128,384 44,799 2.2% 60.2%
Human Resources 726,304 602,887 895,648 292,761 48.6% 42.0%
Information Technology 202,147 244,325 299,944 55,619 22.8% 62.5%
Law 522,501 694,164 847,867 153,704 22.1% 57.9%
Municipal Court 1,603,208 1,717,497 1,780,970 63,473 3.7% 58.5%
Parks, Recreation & Comm Svcs 8,353,639 9,113,687 9,179,308 65,621 0.7% 54.4%
Police 18,226,704 18,546,742 20,152,038 1,605,297 8.7% 57.7%
Public Works *2,086,149 2,741,010 884,266 (1,856,743) -67.7% 61.6%
Non-Departmental 378,874 118,447 1,792,705 1,674,258 1413.5% 13.0%
Total Expenditures 39,556,296 41,652,530 44,204,554 2,552,025 6.1% 49.6%
* 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.
2015-16
Variance
July 2016 Monthly Financial Report
City of Kent, Washington
Year-to-Year Month Comparison
General Fund
38
2014 2015 2016 2016 2016
Actual Actual Budget YTD Est Actual
Operating revenues and expenditures only, capital is excluded.
In instances where expenditures exceed revenues, fund balance is being utilized.
Street Fund
Revenues 10,654,053 11,793,043 12,065,140 6,523,891 12,950,466
Expenditures 10,351,988 9,072,561 14,606,290 5,428,505 14,424,970
Net Revenues Less Expenditures 302,065 2,720,483 (2,541,150)1,095,386 (1,474,504)
LEOFF 1 Retiree Benefits
Revenues 1,055,840 1,341,722 1,164,510 432,696 1,118,430
Expenditures 887,036 1,279,216 1,125,890 515,096 1,083,020
Net Revenues Less Expenditures 168,803 62,506 38,620 (82,400)35,410
Lodging Tax
Revenues 249,581 279,878 210,230 132,243 276,000
Expenditures 71,441 257,164 271,500 152,570 258,530
Net Revenues Less Expenditures 178,140 22,714 (61,270)(20,327)17,470
Youth/Teen Programs
Revenues 888,250 894,592 912,600 548,767 916,530
Expenditures 898,524 920,380 942,000 942,000
Net Revenues Less Expenditures (10,274)(25,788)(29,400)548,767 (25,470)
Capital Resources
Revenues 16,413,708 20,561,359 14,414,120 8,949,335 18,429,115
Expenditures 11,997,869 11,538,631 15,332,300 3,162,929 15,170,000
Net Revenues Less Expenditures 4,415,838 9,022,728 (918,180)5,786,406 3,259,115
Criminal Justice
Revenues 3,780,757 4,753,967 3,953,990 2,759,970 4,162,500
Expenditures 3,096,924 2,965,408 4,124,915 1,654,432 3,120,000
Net Revenues Less Expenditures 683,833 1,788,558 (170,925)1,105,538 1,042,500
Community Development Block Grant
Revenues 835,776 808,466 914,740 192,970 914,740
Expenditures 835,776 808,466 914,740 376,012 914,740
Net Revenues Less Expenditures (183,042)
ShoWare Operating
Revenues 3,456,124 1,680,882 1,065,810 471,942 1,424,300
Expenditures 980,046 518,720 835,930 149,849 411,650
Net Revenues Less Expenditures 2,476,077 1,162,163 229,880 322,093 1,012,650
Other Operating
Revenues 134,073 143,726 140,280 33,310 140,280
Expenditures 70,478 64,765 140,280 59,492 96,000
Net Revenues Less Expenditures 63,595 78,961 (26,182)44,280
Water Utility
Revenues 20,948,199 20,140,494 18,870,370 11,579,461 20,645,000
Expenditures 15,890,786 17,620,354 19,214,740 9,476,487 18,458,060
Net Revenues Less Expenditures 5,057,413 2,520,140 (344,370)2,102,974 2,186,940
Special Revenue Funds
Enterprise Funds
July 2016 Monthly Financial Report
Other Funds Overview (Revenues and Expenditures)
City of Kent, Washington
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.
2016: Includes street and transportation revenues and costs moved from the General Fund.
39
2014 2015 2016 2016 2016
Actual Actual Budget YTD Est Actual
Operating revenues and expenditures only, capital is excluded.
In instances where expenditures exceed revenues, fund balance is being utilized.
July 2016 Monthly Financial Report
Other Funds Overview (Revenues and Expenditures)
City of Kent, Washington
Sewer/Drainage Utility
Revenues 46,608,123 48,525,436 46,370,710 28,423,928 47,497,165
Expenditures 43,535,541 47,086,396 47,992,300 24,658,771 49,180,470
Net Revenues Less Expenditures 3,072,581 1,439,040 (1,621,590)3,765,157 (1,683,305)
Solid Waste Utility
Revenues 814,540 358,257 606,600
Expenditures 365 512,995 268,709 404,010
Net Revenues Less Expenditures (365)301,545 89,548 202,590
Golf Complex
Revenues 2,489,362 2,661,490 2,774,450 1,572,018 2,585,000
Expenditures 2,693,040 2,867,873 3,143,490 1,778,707 3,179,000
Net Revenues Less Expenditures (203,678)(206,383)(369,040)(206,689)(594,000)
Fleet Services
Revenues 4,425,076 4,537,950 4,674,240 2,791,708 4,787,370
Expenditures 3,955,111 3,194,529 5,892,350 2,199,496 4,208,000
Net Revenues Less Expenditures 469,965 1,343,420 (1,218,110)592,212 579,370
Central Services
Revenues 356,338 372,070 422,320 230,408 402,330
Expenditures 336,633 350,962 401,760 230,717 394,580
Net Revenues Less Expenditures 19,704 21,108 20,560 (309)7,750
Information Technology
Revenues 6,878,827 7,603,220 7,127,530 4,373,936 7,566,540
Expenditures 6,130,328 6,708,773 7,481,090 3,312,510 7,441,770
Net Revenues Less Expenditures 748,499 894,447 (353,560)1,061,426 124,770
Facilities
Revenues 5,096,650 5,429,412 5,382,650 3,133,921 5,362,930
Expenditures 4,673,883 5,527,155 5,402,190 2,423,859 5,117,300
Net Revenues Less Expenditures 422,768 (97,744)(19,540)710,063 245,630
Unemployment
Revenues 380,356 397,641 402,720 242,200 414,900
Expenditures 112,106 98,860 401,740 99,436 145,000
Net Revenues Less Expenditures 268,250 298,781 980 142,764 269,900
Workers Compensation
Revenues 1,506,197 1,095,382 1,074,910 684,048 1,140,520
Expenditures 80,344 681,822 1,495,730 638,241 1,321,680
Net Revenues Less Expenditures 1,425,853 413,560 (420,820)45,807 (181,160)
2015: Revenues reflect 2015-16 rate reduction, with GF savings going to the CR Fund to reduce the deficit.
Employee Health & Wellness
Revenues 9,626,446 10,487,102 10,210,310 6,234,955 10,680,500
Expenditures 9,809,909 11,298,096 11,583,040 6,727,060 11,512,110
Net Revenues Less Expenditures (183,463)(810,993)(1,372,730)(492,105)(831,610)
Internal Service Funds
40
2014 2015 2016 2016 2016
Actual Actual Budget YTD Est Actual
Operating revenues and expenditures only, capital is excluded.
In instances where expenditures exceed revenues, fund balance is being utilized.
July 2016 Monthly Financial Report
Other Funds Overview (Revenues and Expenditures)
City of Kent, Washington
Liability Insurance
Revenues 543,969 1,135,932 1,187,110 665,644 1,141,700
Expenditures 1,543,321 1,187,054 1,926,880 1,344,370 1,802,510
Net Revenues Less Expenditures (999,353)(51,122)(739,770)(678,726)(660,810)
2014: Revenues reflect a one-time adjustment to reduce cash reserves.
2015: Revenues reflect 2015-16 rate reduction, with GF savings going to the CR Fund to reduce the deficit.
Property Insurance
Revenues 568,107 582,938 612,050 357,514 612,800
Expenditures 508,423 471,003 604,600 241,693 532,100
Net Revenues Less Expenditures 59,684 111,935 7,450 115,821 80,700
41
2014 2015 2016
thru July thru July thru July
Operating revenues and expenditures only, capital is excluded.
Street Fund
Revenues 5,740,877 5,036,707 6,523,891 1,487,185 29.5%
Expenditures 2,602,772 2,869,720 5,428,505 2,558,785 89.2%
Net Revenues Less Expenditures 3,138,105 2,166,986 1,095,386
2016 includes street and transportation revenues and costs moved from the General Fund.
LEOFF 1 Retiree Benefits
Revenues 472,967 432,025 432,696 671 0.2%
Expenditures 539,539 760,736 515,096 (245,641)-32.3%
Net Revenues Less Expenditures (66,572)(328,712)(82,400)
2015 claims were up dramatically compared to 2014, while 2016 thru April is consistent with past years.
Lodging Tax
Revenues 106,217 115,910 132,243 16,333 14.1%
Expenditures 38,222 38,847 152,570 113,723 292.7%
Net Revenues Less Expenditures 67,994 77,063 (20,327)
2016 expenditures reflect increased marketing activities.
Youth/Teen Programs
Revenues 547,096 550,983 548,767 (2,216)-0.4%
Expenditures - - -
Net Revenues Less Expenditures 547,096 550,983 548,767
Capital Resources
Revenues 5,517,087 7,750,182 8,949,335 1,199,152 15.5%
Expenditures 2,899,382 2,446,683 3,162,929 716,246 29.3%
Net Revenues Less Expenditures 2,617,705 5,303,500 5,786,406
Criminal Justice
Revenues 2,171,622 2,602,325 2,759,970 157,645 6.1%
Expenditures 1,656,075 1,650,079 1,654,432 4,353 0.3%
Net Revenues Less Expenditures 515,547 952,246 1,105,538
2016 increase in revenues due to strong sales tax trends and an increase in seized assets.
Community Development Block Grants
Revenues 199,062 220,974 192,970 (28,004)-12.7%
Expenditures 413,985 330,126 376,012 45,886 13.9%
Net Revenues Less Expenditures (214,923)(109,153)(183,042)
Lag in grant reimbursement for expenses incurred.
ShoWare Operating
Revenues 118,874 117,944 471,942 353,999 75.0%
Expenditures 559,220 43,504 149,849 106,345 244.5%
Net Revenues Less Expenditures (440,347)74,440 322,093
2016 reveues include $225k for the ice plant settlement.
2015-16
Variance
Year-to-Year Month Comparison
July 2016 Monthly Financial Report
City of Kent, Washington
Other Funds Overview (Revenues and Expenditures)
Special Revenue Funds
2016 increase in revenues due to strong REET and sales tax trends.
2015 expenditures reflect one-time land acquisition costs; 2016 includes Pine Tree Park settlement.
42
2014 2015 2016
thru July thru July thru July
Operating revenues and expenditures only, capital is excluded.
2015-16
Variance
Year-to-Year Month Comparison
July 2016 Monthly Financial Report
City of Kent, Washington
Other Funds Overview (Revenues and Expenditures)
Other Operating
Revenues 12,250 12,840 33,310 20,470 159.4%
Expenditures 29,760 17,963 59,492 41,529 231.2%
Net Revenues Less Expenditures (17,510)(5,123)(26,182)
Includes City Art Program, Neighborhood Matching Grants and Human Services Emergency Programs
Water Utility
Revenues 10,727,346 10,919,376 11,579,461 660,085 6.0%
Expenditures 9,212,976 8,408,249 9,476,487 1,068,238 12.7%
Net Revenues Less Expenditures 1,514,371 2,511,127 2,102,974
Sewer/Drainage Utility
Revenues 30,294,552 27,599,781 28,423,928 824,147 3.0%
Expenditures 20,923,952 21,328,503 24,658,771 3,330,269 15.6%
Net Revenues Less Expenditures 9,370,599 6,271,278 3,765,157
Solid Waste Utility
Revenues 358,257 358,257 100.0%
Expenditures 268,709 268,709 100.0%
Net Revenues Less Expenditures 89,548
Solid Waste Utility established in 2016.
Golf Complex
Revenues 1,572,040 1,727,976 1,572,018 (155,958)-9.0%
Expenditures 1,534,206 1,652,358 1,778,707 126,349 7.6%
Net Revenues Less Expenditures 37,833 75,618 (206,689)
2016 revenues down due to inclement weather conditions in Q1.
Fleet Services
Revenues 2,553,606 2,659,122 2,791,708 132,585 5.0%
Expenditures 2,089,401 1,746,857 2,199,496 452,639 25.9%
Net Revenues Less Expenditures 464,205 912,265 592,212
Central Services
Revenues 199,243 225,921 230,408 4,487 2.0%
Expenditures 188,405 227,194 230,717 3,523 1.6%
Net Revenues Less Expenditures 10,838 (1,272)(309)
Information Technology
Revenues 3,996,040 4,133,001 4,373,936 240,935 5.8%
Expenditures 3,348,568 3,641,922 3,312,510 (329,412)-9.0%
Net Revenues Less Expenditures 647,472 491,078 1,061,426
Internal Service Funds
Enterprise Funds
43
2014 2015 2016
thru July thru July thru July
Operating revenues and expenditures only, capital is excluded.
2015-16
Variance
Year-to-Year Month Comparison
July 2016 Monthly Financial Report
City of Kent, Washington
Other Funds Overview (Revenues and Expenditures)
Facilities
Revenues 2,972,953 3,100,920 3,133,921 33,001 1.1%
Expenditures 2,322,274 2,395,015 2,423,859 28,843 1.2%
Net Revenues Less Expenditures 650,679 705,905 710,063
Unemployment
Revenues 219,461 232,026 242,200 10,174 4.4%
Expenditures 64,638 60,845 99,436 38,591 63.4%
Net Revenues Less Expenditures 154,823 171,181 142,764
Workers Compensation
Revenues 857,243 640,988 684,048 43,059 6.7%
Expenditures 426,874 494,109 638,241 144,131 29.2%
Net Revenues Less Expenditures 430,369 146,879 45,807
Employee Health & Wellness
Revenues 5,757,815 6,058,535 6,234,955 176,421 2.9%
Expenditures 5,535,163 6,418,513 6,727,060 308,547 4.8%
Net Revenues Less Expenditures 222,652 (359,978)(492,105)
Liability Insurance
Revenues 1,163,114 662,348 665,644 3,296 0.5%
Expenditures 991,547 1,121,305 1,344,370 223,065 19.9%
Net Revenues Less Expenditures 171,567 (458,957)(678,726)
Property Insurance
Revenues 331,407 340,073 357,514 17,441 5.1%
Expenditures 714,008 667,524 620,563 (46,961)-7.0%
Net Revenues Less Expenditures (382,601)(327,451)(263,049)
44
2016 2016 2016 2016
Beginning
Fund Balance
Estimated
Revenues
Estimated
Expenditures
Ending Fund
Balance
Operating funds only, capital funds are excluded.
General Fund 15,372,499 90,973,690 88,089,290 18,256,899
Street Fund 4,092,055 12,950,466 14,424,970 2,617,551
LEOFF 1 Retiree Benefits 1,093,532 1,118,430 1,083,020 1,128,942
Lodging Tax 394,516 276,000 258,530 411,986
Youth/Teen Programs 121,275 916,530 942,000 95,805
Capital Resources 5,775,064 18,429,115 15,170,000 9,034,179
Criminal Justice 3,981,627 4,162,500 3,120,000 5,024,127
Community Development Block Grants 914,740 914,740
ShoWare Operating 1,596,543 1,424,300 411,650 2,609,193
Other Operating 364,242 140,280 96,000 408,522
Water Utility 8,158,504 20,645,000 18,458,060 10,345,444
Sewer/Drainage Utility 10,093,986 47,497,165 49,180,470 8,410,681
Solid Waste Utility 365 606,600 404,010 202,955
Golf Complex (3,043,675) 2,585,000 3,179,000 (3,637,675)
Fleet Services 4,301,237 4,787,370 4,208,000 4,880,607
Central Services (46,226) 402,330 394,580 (38,476)
Information Technology 2,808,737 7,566,540 7,441,770 2,933,507
Facilities 1,672,947 5,362,930 5,117,300 1,918,577
Unemployment 1,038,938 414,900 145,000 1,308,838
Workers Compensation 2,541,813 1,140,520 1,321,680 2,360,653
Employee Health & Wellness 6,122,922 10,680,500 11,512,110 5,291,312
Liability Insurance 2,452,656 1,141,700 1,802,510 1,791,846
Property Insurance 348,579 612,800 532,100 429,279
Internal Service Funds
General Fund
July 2016 Monthly Financial Report
City of Kent, Washington
Fund Balances
Special Revenue Funds
Enterprise Funds
45
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46
Kent Council Operations Committee Consolidating Budget Adjustment
FINANCE
Aaron BeMiller, Director
Phone: 253-856-5260
Fax: 253-856-6255
Address: 220 Fourth Avenue S.
Kent, WA. 98032-5895
DATE: September 20, 2016
TO: Operations Committee
FROM: Aaron BeMiller, Director
SUBJECT: Director’s Report – Information Only
MOTION: No motion: Non-action item
SUMMARY: The Finance Director will report out financial or operational item(s)
including, but not limited to:
2015 State Auditor’s Report
MCDC Initiative Update
BUDGET IMPACT:
BACKGROUND:
47