Form revised April 10, 2006

 

2010 BUDGET LEGISLATION FISCAL NOTE

 

Department:

Contact Person/Phone:

DOF Analyst/Phone:

Finance

Glen Lee 684-8079

Lisa Peyer 684-0503

 

 

Legislation Title:

 

AN ORDINANCE adopting a budget, including a capital improvement program and position modifications, for the City of Seattle for 2010; creating a barrier fund; creating positions exempt from civil service; and finding that 2010 General Fund contributions to the Park and Recreation Fund exceed the requirements set forth under Article XI, Section 3 of the City Charter; all by a two-thirds vote of the City Council.

 

 

·         Summary of the Legislation:

 

This ordinance adopts the City of Seattle’s 2010 Budget, which includes Seattle’s 2010-2015 Capital Improvement Program (CIP), and position modifications for fiscal year 2010. 

 

·         Background: (Include brief description of the purpose and context of legislation and include record of previous legislation and funding history, if applicable):

 

This legislation is submitted annually to adopt the City of Seattle’s budget for the next fiscal year.  The 2010 Budget Adoption Ordinance includes a finding by the Mayor and City Council stating that the 2010 General Fund contribution to the Park and Recreation Fund (PRF) exceeds the dollar amount that is required under Article XI of the City Charter to allow for a change in accounting practices. Specifically, the Charter calls for no less than 10% of certain City taxes and fees to be contributed to the PRF with the remaining 90% of those taxes to be deposited into the General Fund or other operating funds as specified by ordinance.  In order to simplify and streamline the City’s accounting processes, the 2010 Proposed Budget appropriates a lump sum amount of approximately $84.9 million from the General Subfund to the Park and Recreation Fund, far exceeding the amount anticipated from taxes and fees ($38.2 million) the Charter specifies must be contributed to the PRF.

 

·         Please check one of the following:

 

____    This legislation does not have any financial implications. (Stop here and delete the remainder of this document prior to saving and printing.)

 

__X_   This legislation has financial implications. (Please complete all relevant sections that follow.)

 

Please see the Adopted Budget, CIP, and report of position modifications for detailed information.

 

·         What is the financial cost of not implementing the legislation?

 

RCW 35.32A.050 states that, “Not later than thirty days prior to the beginning of the ensuing fiscal year the City Council shall, by ordinance, adopt the budget submitted by the Mayor as modified by the City Council.”  This legislation is the mechanism by which the Seattle City Council adopts the final budget.

 

 

·         What are the possible alternatives to the legislation that could achieve the same or similar objectives? (Include any potential alternatives to the proposed legislation, such as reducing fee-supported activities, identifying outside funding sources for fee-supported activities, etc.)

None

 

 

·         Is the legislation subject to public hearing requirements:  (If yes, what public hearings have been held to date, and/or what plans are in place to hold a public hearing(s) in the future.)

 

Yes.  The City Council’s Budget Committee will hold public hearings on October 7, 2009, October 14, 2009, and October 26, 2009.

 

 

Please list attachments to the fiscal note below:

 

None.