TO: Members of the City Council
FROM: Mayor Angela Birney
DEPARTMENT DIRECTOR CONTACT(S):
|
Finance |
Kelley Cochran |
425-556-2748 |
DEPARTMENT STAFF:
|
Finance |
Haritha Narra |
Financial Planning Manager |
TITLE:
title
Adoption of an Ordinance for the 2023-2024 Budget Adjustment #4
a. Ordinance No. 3164: An Ordinance of the City Council of the City of Redmond, Washington, Amending Ordinance Nos. 3110, 3129, 3130, and 3135 by Making Adjustments to the City’s 2023-2024 Biennial Budget, in Exhibit 1
OVERVIEW STATEMENT:
recommendation
An Ordinance amending Ordinance No. 3110, 3129, 3130, and 3135 by adjusting the City’s 2023-2024 Biennial Budget to recognize new and increased revenue sources, appropriate funds for projects and programs previously approved by Council, and make minor corrections identified throughout the biennium.
General Fund (100): $1,283,275
a) Solar Plus Energy Grant - $100,000
On January 14, 2024 (AM No. 24-003), Council approved a grant from the Department of Commerce to finance a feasibility study. The goal of this study is to provide insights into potential future solar and battery storage prospects at five City of Redmond facilities. It will encompass load profiles, resource scenarios, site configurations, economic evaluations, and suggestions for facilities most suitable for implementation. Utilizing solar energy in conjunction with battery storage represents a crucial sustainability tactic to enhance resilience, boost locally-generated clean energy, and alleviate strain on the utility grid.
b) Eastside Climate Partnership Interlocal Agreement - $23,609
On January 1, 2023 (AM No. 23-005), Council approved the Eastside Climate Partnership Interlocal Agreement (ILA), fostering structured cooperation and resource sharing for initiatives such as the Energy Smart Eastside Heat Pump program and future programs aligned with the Cities’ collective climate and clean energy objectives. Cities involved in the Eastside Climate Partnership are Bellevue, Kirkland, Issaquah, Mercer Island, and Redmond. The total grant amount is $47,219, and it is split between the solid waste fund (140) and the general fund (100).
c) Early Implementation Climate Planning Grant - $66,100
On October 4, 2022 (AM No. 22-144), Council approved the Early Implementation Climate Planning Grant from the Washington State Department of Commerce. This grant aims to aid in the assessment of resilient stormwater infrastructure design and to conduct a pilot test of preferred routes within a 1/2-mile radius of future light rail stations.
d) National Opioid Settlements - $371,958.18
In September 2022 and March 2023, Council granted approval for participation in the One Washington Memorandum of Understanding (MOU), aimed at joining the settlement agreement against opioid distributors and retailers. The One Washington MOU specified the necessity of establishing a regional Opioid Abatement Council (OAC) to oversee distributions, expenditures, reallocations, and disputes concerning the settlement funds. King County established the OAC in collaboration with the City of Redmond. The City engaged in settlements with Teva, Allergen, CVS, Walgreens, Distributor, and Janssen, and will soon conclude a settlement with Johnson & Johnson. These settlement payments are structured over a 15-year period, extending until 2038.
e) Willow Run/Facebook Building X - $40,100.30
On December 1, 2020 (AM No. 20-160), Council approved a three-party agreement concerning the Willow Run, LLC/Building X Contract for the external technical review and inspection of performance-based design components. This contract concluded on December 31, 2023.
f) Emergency Management Performance Grant - $126,628.66
On October 17, 2023 (AM No. 23-151), Council approved a grant from the Washington State Military Department and the U.S. Department of Homeland Security. This grant will facilitate operations and planning for continuity of government, including the recruitment of subject matter experts for targeted projects. Additionally, it will provide resources and guidance needed to fulfill requirements of the Emergency Management Accreditation Program.
g) Wildland Fire - $255,130.16
Wildland fire season has become a year-round reality in the United States. Annually, fire fighters from the City of Redmond are dispatched to neighboring counties and cities to assist in fire and life safety operations both at base camps and on the front lines. Their responsibilities include providing medical care for fire crews and community members affected by the fires. The expenses incurred during these deployments are reimbursed by the respective cities and counties, including but not limited to Yakima County, Archie Creek in Oregon, and Snohomish County.
h) Greater Puget Sound Financial Fraud and Identity Theft Task Force Grant - $124,748
On November 2, 2020 (AM No. 20-143), Council approved a grant from the Washington State Department of Commerce. This grant authorizes funding for one (1) full-time Crime Analyst position, encompassing wages, benefits, overtime, and training. This agreement becomes effective upon the signature of both parties and automatically renews until June 30, 2030. The annual grant cycle spans from July through June.
i) National League of Cities Advancing Economic Mobility Grant - $15,000
On September 9, 2023 (AM No. 23-125), Council approved a grant for engaging a consultant to collaborate with a coalition of partners. This collaboration is intended to establish a Multicultural Eastside Small Business Hub within the Bellwether Housing Overlake Village light rail station transit-oriented development (TOD).
j) Puget Sound Regional Council - Safer Streets for All (SS4A) Action Plan Grant- $160,000
On September 19, 2023 (AM No. 23-125), Council approved a subaward agreement with the Puget Sound Regional Council (PSRC) concerning the Redmond segment of the SS4A Action Plan Grant. The PSRC holds the primary agreement with the Federal Highway Administration. This funding is intended to aid the City in hiring a consultant to facilitate community outreach efforts and formulate a Safety Action Plan.
Fire Equipment Reserve Fund (020): $75,000
k) Private Donation from Amazon.com, Inc - $75,000
The Fire Department received a donation from Amazon.com, Inc to support the purchase of an electric fire engine to support Redmond’s vision for carbon neutrality.
Solid Waste Fund (140): $23,609
l) Eastside Climate Partnership Interlocal Agreement - $23,609
On January 1, 2023 (AM No. 23-005), Council approved the Eastside Climate Partnership Interlocal Agreement (ILA), fostering structured cooperation and resource sharing for initiatives such as the Energy Smart Eastside Heat Pump program and future programs aligned with the Cities’ collective climate and clean energy objectives. Cities involved in the Eastside Climate Partnership are Bellevue, Kirkland, Issaquah, Mercer Island, and Redmond. The total grant amount is $47,219, and it is split between the solid waste fund (140) and the general fund (100).
Parks Capital Investment Improvement Program Fund (315): $3,700,000
m) Redmond Senior & Community Center Project - $3,700,000
On February 20, 2024 (AM No. 24-026), Council approved a budget increase for the Redmond Senior & Community Center. This increase in budget is necessitated by inflation and a bustling construction market, which have led to escalated construction expenses. The increased funding is coming from real estate excise tax revenue.
body
☒ Additional Background Information/Description of Proposal Attached
REQUESTED ACTION:
☐ Receive Information ☐ Provide Direction ☒ Approve
REQUEST RATIONALE:
• Relevant Plans/Policies:
Fiscal Policies
• Required:
RCW 35A.33.120 Funds-Limitations on expenditures-Transfers and adjustments.
• Council Request:
N/A
• Other Key Facts:
N/A
OUTCOMES:
This budget adjustment is necessary to align city financial records to account for Council decisions and corrections to the existing budget.
COMMUNITY/STAKEHOLDER OUTREACH AND INVOLVEMENT:
• Timeline (previous or planned):
N/A
• Outreach Methods and Results:
N/A
• Feedback Summary:
N/A
BUDGET IMPACT:
Total Cost:
$5,081,884
Approved in current biennial budget: ☐ Yes ☒ No ☐ N/A
Budget Offer Number:
N/A
Budget Priority:
N/A
Other budget impacts or additional costs: ☐ Yes ☒ No ☐ N/A
If yes, explain:
N/A
Funding source(s):
N/A
Budget/Funding Constraints:
N/A
☒ Additional budget details attached
COUNCIL REVIEW:
Previous Contact(s)
|
Date |
Meeting |
Requested Action |
|
4/9/2024 |
Committee of the Whole - Finance, Administration, and Communications |
Provide Direction |
Proposed Upcoming Contact(s)
|
Date |
Meeting |
Requested Action |
|
N/A |
None proposed at this time |
N/A |
Time Constraints:
All budget adjustments for the 2023-2024 biennium must be approved no later than December 31, 2024.
ANTICIPATED RESULT IF NOT APPROVED:
The adopted budget would not align city financial records with decisions made and corrections in budgeted funds.
ATTACHMENTS:
Attachment A: Ordinance: 2023-2024 Budget Adjustment #4
Exhibit 1: Summary of 2023-2024 Budget Adjustments #1-4