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HomeMy WebLinkAboutCity Council Meeting - Council Workshop - Regular Minutes - 10/04/2022 Approved City Council Workshop Workshop Regular Meeting Minutes October 4, 2022 Date: October 4, 2022 Time: 5:38 p.m. Place: Chambers I. CALL TO ORDER Council President Boyce called the meeting to order. Attendee Name Title Status Arrived Bill Boyce Council President Present Brenda Fincher Councilmember Present Satwinder Kaur Councilmember Excused Marli Larimer Councilmember Present Zandria Michaud Councilmember Present Toni Troutner Councilmember Present Les Thomas Councilmember Present Dana Ralph Mayor Present II. PRESENTATIONS 1 2023-2024 Biennial Budget Paula Painter 90 MIN. Finance Director, Paula Painter presented information on the 2023-2024 Biennial Budget. Special Revenue funds for the period of 2022 through 2024 were detailed. Major Changes were reviewed, including 2023 and 2024 changes to the shift in funds between the Capital Resources Fund, Criminal Justice Fund and Human Services Fund. 100% of sales tax and majority of utility taxes will reside in General Revenue. Painter talked about the two changes to the Criminal Justice Fund: 1). budgetary modification to high crime revenue, and 2). adjustments for red light camera revenues due to the increase in revenues expected from adding 6 new intersections. Human services - Housing sales tax As funds are coming into the organization, the City can more accurately budget Painter talked about the major changes in expenditures related to the Street Operating Fund and Capital Resources Fund. City Council Workshop Workshop Regular October 4, 2022 Meeting Kent, Washington Minutes Changes to the Capital Resources Fund include mainly transfers out. Special Revenue Funds - Major expenditure changes to the following funds that will include the addition of 1 FTE: · Street Operating · Capital Resource Funds · Criminal Justice Fund · Human Services Fund · ShoWare Operating Fund Painter provided information about the $2M for Kent East Hill Operations Painter provided responses to the following questions submitted by the Council: Red-Light Camera Fund (Question #6) How much of projected red light camera revenue is left over or not budgeted? Start fund balance of nearly $1.8M New revenues for 2023, est. $510K Painter reviewed estimated beginning fund balance, total new revenues, baseline expenses, addition of judicial specialist, fee for red light cameras and body worn camera costs. Affordable Housing Sales Tax (Question #3) What is the difference between the affordable housing sales tax and the housing sales tax mentioned in the graph? Affordable Housing Sales Tax relates to HB 1406 Housing Sales Tax relates to HB1590 Affordable Housing Sales Tax City began collecting in late 2020 - expires after 20 years - limited to nearly $200K per year. With House Bill 1406, the sales tax rate did not increase. It supportive housing. Revenues must be used for affordable and supportive housing. Housing Sales Tax City began collecting in 2021. House Bill 1590 provided the City with the authority to increase our sales tax rate by 0.1% for housing and homelessness needs including mental and behavioral health services. 60% of the revenues must be used for construction or acquiring affordable housing, constructing or acquiring behavioral health-related facilities, etc. The City is part of SKHHP. 40% of funds must be used for behavioral health programs/services or housing-related services. Page 2 of 3 City Council Workshop Workshop Regular October 4, 2022 Meeting Kent, Washington Minutes Painter talked about the Water, sewer, drainage, solid waste utility funds and the golf complex fund and what is predicted through 2024. Painter reviewed major changes in expenditures for the Internal Service Funds, including the adjustments in revenues from departments for the Information Technology Fund, Facilities Fund and Workers Compensation, Liability & Property Insurance Funds. Painter walked the council through the upcoming meeting timeline: · Public hearing tonight on budget and six year CIP th · Workshop October 5 th · Workshop October 18 th · October 18 City Council public hearings · Operations and Public Safety on November 1st th · Adopt budget during November 15 City Council Meeting Meeting ended at 6:06 p.m. Kimberley A. Komoto City Clerk Page 3 of 3