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Ordinance No. 1112 - 2023/2024 Budget AmendmentORDINANCE NO. 1112 AN ORDINANCE OF THE CITY OF YELM AMENDING ORDINANCE NO. 1088 AND 1092, 1099, 1103 AND 1106 WHICH ADOPTED AND AMENDED THE CITY OF YELM'S BIENNIAL BUDGET FOR THE YEARS 2023/2024, AND SET 2024 ACTUAL BEGINNING FUND BALANCES, AND APPROVING AN ORDINANCE SUMMARY FOR PUBLICATION. WHEREAS, on November 22, 2022, the City Council of the City of Yelm adopted Ordinance No 1088 which adopted the 2023-2024 biennial budget of the City of Yelm; and WHEREAS, on April 25, 2023, the City of Council Adopted Ordinance No. 1092 amending the 2023-2024 biennial budget; and, WHEREAS, on lune 27, 2023, the City of Council Adopted Ordinance No. 1099 amending the 2023-2024 biennial budget; and, WHEREAS, on August 22, 2023, the City of Council Adopted Ordinance No. 1103 amending the 2023-2024 biennial budget; and, WHEREAS, on November 28, 2023, the City of Council Adopted Ordinance No. 1106 amending the 2023-2024 biennial budget; and, WHEREAS, the City has now closed Fiscal Year 2023 and has calculated actual Fiscal Year 2024 Beginning Fund Balances; and, WHEREAS, the City has project carryovers and additional items to add to the biennial budget that could not be foreseen or estimated with the last budget amendment. BE IT ORDAINED BY THE COUNCIL OF THE CITY OF YELM AS FOLLOWS: Section 1. The biennial budget for the City of Yelm for the years 2023%2024, Ordinance No. 1112, is hereby amended with the City Council's adoption of the one copy of which has been and now is on file with the office of the City Clerk, by this reference is hereby incorporated herein as if set forth in full and said final biennial budget shall be and the same is hereby adopted in full. Section 2. Attached hereto and identified as Exhibit A, in summary form, are the totals of estimated revenues and appropriations for each separate fund and the aggregate totals for all such funds combined in the first year of the 2023/2024 biennial budget, and by this reference said Exhibit A is incorporated herein as it set forth in full. Section 3. This budget amendment adds one seasonal employee for the Parks Recreation Program, Section 4. A copy of this amending ordinance shall be transmitted by the City Clerk to the State Auditor's Office and such other governmental agencies as provided by law. Section 5. Adopted by the Yelm City Council at the regular meeting this 23rd day of April 2024. J into, Mayor ATTEST: Kathy Linne teyer, City Cler PUBLISHED: CJt t+ol,�LA EFFECTIVE DATE: L -k Fiscal Year 2023 Amended Amended Beg. Fund Amended Total Amended End. Fund FUND Balance + Revenues - Resources - Expenditures Balance General Fund City of Yel an General Fund (001) 4,357,832 9,607,107 1.3.564939 10,155,290 3,809,649 Total for General Fund 4,357,832 4607,107 13,964,939 10,155,290 3,809,649 Utility Enterprise Funds Stormwater Enterprise Fund (400) 650,813 709,535 1,360,348 397,312 963,036 Water Enterprise Fund (401) 4,902,821 3,193,961 8,096,782 5,277,111 2,819,671 Wastewater Enterprise Fund (412) 2,969,215 3,564,275 6,533,490 5,463,008 1,070,482 Total for Enterprise Funds 8,522,849 7,467,771 1.5.996,620 11,137,431 _,.-...... 4.853,189 Special Purpose Funds " City Streets(101) 38,102 709,535 747,637 6612,5110 85,127 Tourism Promotion (107) 340,662 25,500 366,162 40,000 326,162 Affordable Housing (112) 25,000 25,000 25,400 Transportation Facilities (120) 529,257 88,250 517.507617,507 Tota I Speci a l Purpos a Funds w908,021 848,285. 1,756306 77,510 1028,796 ER&R Funds - ITServicies ER&R(501) 354,880 584,630 939,510 514,547 424,963 Capital Equipment ER&R(502) 1,278,863 391,845 1,670,708 402,020 1,268,688 Total ER&RFunds 1,633,743 976,475 2,610,218 916,567 1,693,651 Capital Projects Funds - Muni cipalOur lding Projects (302) 587,635 1,418,821 2,006,456 1,39],983 608,473 Road & Street Construction (316) 1,255,921 480,700 1,736,621 278,973 1,457,648 Water l mprovements(404) 1,698,850 3,108,504 4,807,354 900,445 3,906,909 Sewer/Reuse l Improvement (413) 775.144 _.._ 18,073,604 18,848,748 .17,709.16.1 1„29,587 Total Capital Projects Funds 4.3J7 550 23,081,629 27,399,179 20,286,562 7 112.617 Debt Service Funds - LTGO Bond Fund (200) 25,585 469,328 494,913 469,076 25,837 Killion LID (202) 223,337 71,573 294,910 294,910 Sewer Debt Service(203) 106,039 173,276 279,315 173,026 106,289 Sewer Debt Service Reserve(204) 431,182 500 431,682 431,682 Water Revenue Bond Debt 5ervice(405) 515,772 640,464 1,156,236 597,168 559,068 Water Debt Service Reserve(406) 528,324 528,324 528,324 Sewer Band Debt Serviceand Reserve(415) 123,346300 _....__.............. 123,646 --....................... 123,646 Total Debt Service Funds 1,953,585 1,355,441 3,309,026 1,534,180 1,774,846 Reserve Funds ` Cumulative Reserve (104) 397,243 30,500 427,743 - 427,743 Deposits & Rampage (119) 8,133 8,133 - 8,133 Utility Consumer Deposits (402) 93,109 ..........._. - 5101)0 98,109 _.............."'._._._.. 5,000 93,109 Total Reserve Funds 498,485 35,500 5:3,_,985 5,000 528,985 Totals 22,192,065 43372,208 65.564,273 44,762,539 � 20,8101.734 _ Fiscal Year 2024 Adjusted Amended Beg. Fund Amended Total Amended FUND Balance + Revenues Resources Expenditures General Fund City ofYam General Fund (001) 5,306,211 Total for General Fund 5,306,211 Utility Enterprise Funds 7,136,522 Stormwater Enterprise Fund (400) 817,970 Water Enterprise Fund (401) 3,942,562 Wastewater Enterprise Fund (412) 1,572,814 Total mor Enterprise Funds wm w6,333346 Special Purpose Funds 4,042,01N, City Streets (101) 25,773 Tourism Promotion (107) 369,412 Affordable Housing (112) (300) Transportation Facilities (120) 773,728 Total Special Purpose Funds 1,168,613, ER&R Funds IT Services ER&R (501) 455,021 Capital Equipment ER&R(502) 1,373,867 ............ Total Funds 1.828,888 -. Capital Projects Funds Municipal Building Projects (302) Road & Street Construction (316) Water Improvements (404) Sewer/Reuse Improvements (413) Total Capital Projects Funds Debt Service Funds LTGD Band Fund (200) Killion LID (202) Sewer Debt Service (203) Sewer Debt Service Reserve (204) Water Revenue Bond Debt Service (405) Water Debt Service Reserve (406) Sewer Bond Debt Service and Reserve (415) Total Debt Service Funds Reserve Funds Cumulative Reserve (104) Deposits & Retainage (119) Utility Consumer Deposits (402) Total Reserve Funds Totals 9,761,001 15,067.212 101,228„142 9,761,001 15,067,212 10 2.28,M 2 End.Fund Balance 4,839,071 .. 4,839,071 440,404 1,258,374 379,403 878,971 3,193,961 7,136,522 4,925,321 2,211,201 3,704,726 5,277,540 4,325,694 951,846 7,339,090 13,672A36 9,630,418 4,042,01N, 734,535 760,308 704,142 56,166 25,500 394,912 150,000 244,912 25,000 24,700 25,000 (300) 88,250 �.... ..... 861.978 ..........,� --__..:I 861,978 F73285 2041898, 879,142 1,162,756 586,930 1,041,951 504,404 537,547 274,785 1,748,652 265,727 1,lw °.325 ......... 961,715 2,790,603 770,131 2,020,472 (155,443) 817,160 661,717 211,800 449,917 1,392,608 410,000 1,802,608 425,000 1,377,608 4,024,960 2,508,504 6,533,464 5,030,000 1,503,464 (630,683) 18,540,741 17,910,058 15,579,161 2,330,897 v4,631442, 22,276,405 26,907847. 27245,961 5,661,886 28,133 469,328 497,461 469,076 28,385 363,088 - 363,088 363,088 111,336 173,276 284,612 173,026 111,586 451,503 500 452,003 - 452,003 540,349 597,418 1,137,767 597,168 540,599 553,265 - 553,265 - 553,265 227,772 300 228,072 228,072 2,275,445 1,240,822 µw 3,516,267 1,239,270 2,17(1,947 446,151 30,500 476,651 476,651 149 149 - 149 95,59.9_ .............. 5,000 100,599 ............. 5,000 9S,SS9 541,899 ..... 35,500 577,399 5,000 22d.Q8.5.:843 2 8.._..... 7.878 �.......�4�...r,4,�.,........ 64,573,66a ,.�w„1. 3,998,064, 4noi�oiominmmm 20,575 1,97 N . ; *, M1'. EST. 1924 Meeting Date: CITY COUNCIL AGENDA ITEM SUMMARY City ofYelm, Washington AGENDA ITEM: ORDINANCE NO 1112 AMENDING FISCAL YEARS 2023-2024 BIENNIAL BUDGET PROPOSED MOTION: MOTION TO ADOPT ORDINANCE NO 1112 AMENDING FISCAL YEARS 2023-2024 BIENNIAL BUDGET KEY FACTS AND INFORMATION SUMMARY: Now that we have closed the fiscal year 2023, we can calculate the actual 2024 Beginning Fund Balances and carryover projects that were not completed in 2023 and must be completed in 2024. The general fund's actual beginning fund balance increased due to one-time revenues, grants, and cost savings. Additional items in Ordinance 1112 include; Lodging Tax increases based on the LTAC recommendations, annual AWC Loss Prevention grant, and a new Climate Pledge Grant that will be used for solar improvements. See below for further details of new budget items, housekeeping items, and project carryovers: 2024 IineN Fund RewlExod Amount Item NEW ITEMS GENERAL EXPENDITURE 10,000 Changes to Employee Enrollments 2 TOURISM EXPENDITURE 110,000 LTAC Recommendation 3 GENERAL REVENUEJEXPD 75,000 LTAC Award Centennial Celebration 4 N71 GENERAL EXPENDITURE 35,000 CD Consultant Plans & Svcs, will be reimbursed 5 GENERAL RevJExpd 10,000 AWC Loss prevention grant 6 STREET GENERAL ''.EXPENDITURE EXPENDITURE 30,000 Increase to Sidewalk & Street RepairfMaint 30,000 Real Estate Consultant -.Estimate 8 GENERAL ''EXPENDITURE 12,000 SWAT - _ 9 GENERAL JEXPENDITURE 500,000 Climate Pledge Grant 10 IGENERAL IREVENUE 500,000 Climate Pledge. Grant HOUSEKEEPING ITEMS 1 Iwater Fund EXPENDITURE (236,788)lTransfers not needed, Debt paid off in PY 11Page oli ('Tri Al//,.1.1, M, urc' asT.1 9244 WASH IN L03*T Meeting Date: CITY COUNCIL AGENDA ITEM SUMMARY City of Yelm, Washington 21 Page CARRYOVERS & PROJECTS 1 IGENERAL EXPENDITURE 13,410 LAW ENFORCEMENT FUEL 2 IGENERAL EXPENDITURE 3,894 WASPC Grant carryover 3 GENERAL EXPENDITURE 3,003 Nisqually Grant Carryover 4 'MUNICIPAL BLDG REVENUE 195,000 CDBG Grant carryover 5 MUNICIPAL BLDG REVENUE (20,340) Dept of Commerce Solar 6 MUNICIPAL BLDG REVENUE 15,000 Dept of Commerce EV 7 MUNICIPAL BLDG EXPENDITURE (220,000) Dog Park and WRF Access 8 MUNICIPAL BLDG REVENUE 225,000 Parks & Rec Comm Grant Prairie Line Trail 9 MUNICIPAL BLDG EXPENDITURE 100,000 Yelm City Park Master Plan 10 MUNICIPAL BLDG EXPENDITURE 15,000 EV Chargers 11 MUNICIPAL BLDG EXPENDITURE 316,800 YCC Solar Panels 12 WATER CAPITAL IMPR. EXPENDITURE 10,000 Water Rights - Professional (Cochrane) 13 WATER CAPITAL IMPR. EXPENDITURE 50,000 Water Main Improvements Engineering 14 WATER CAPITAL IMPR. EXPENDITURE (170,000) Water Main Improvements Inpection 15 WATER CAPITAL IMPR. EXPENDITURE 1,000,000 SE Reservoir Construction 16 WATER CAPITAL IMPR. EXPENDITURE 170,000 SE Reservoir Siting and Engineering 17 SEWER CAPITAL IMPR. REVENUE 448,000 Increase to System Development Char es 18 SEWER CAPITAL IMPR, REVENUE 499,349 Transfer in from Sewer 19 SEWER CAPITAL IMPR. EXPENDITURE 499,349 Transfer out to Construction 20 SEWER CAPITAL IMPR. REVENUE (177,193) Decrease DOE Loan 21 JSEWER CAPITAL IMPR. REVENUE (208,000) Decrease DOE Grant Biodryer 22 SEWER CAPITAL IMPR, EXPENDITURE 1,400,000 ;WRF PHASE 2 UPGRADES -EQUIPMENT (SCH A) 23 SEWER CAPITAL IMPR. EXPENDITURE (3,600,000) WRF PHASE 2 UPGRADES -CONSTRUCTION (SCH A 24 SEWER CAPITAL IMPR, EXPENDITURE 350,000 'WRF PHASE 2 UPGRADES -CONST INSP (SCH A) 25 SEWER CAPITAL IMPR. EXPENDITURE 950,000 WRF PHASE 2 UPGRADES -EQUIPMENT (SCH B) 26 SEWER CAPITAL IMPR, EXPENDITURE 1,500,000) WRF PHASE 2 UPGRADES -CONSTRUCTION (SCH B 27 SEWER CAPITAL IMPR. EXPENDITURE (40,000)WRF PHASE 2 UPGRADES -CONST INSP (SCH B) 28 GENERAL EXPENDITURE 1 142,000 lComprehensive Plan 29 GENERAL REVENUE 125,000 Com rehensive Plan Grant 30 GENERAL EXPENDITURE 500,000 Habitat Conservation Plan 31 GENERAL REVENUE 500,000 JUS Dept of Fish and Wildlife Grant 21 Page ps'r.1924. WASHINGTON Meeting Date: CITY COUNCIL AGENDA ITEM SUMMARY City of Yelm, Washington ATFACH M ENTS: • Ordinance No. 1112 Fiscal Year 2023 First Quarter Budget Amendment Respectfully Submitted: Stephanie Nanavich, Finance Director 31 Page