TO: Members of the City Council
FROM: Mayor Angela Birney
DEPARTMENT DIRECTOR CONTACT(S):
Finance
Chip Corder
425-556-2189
DEPARTMENT STAFF:
Finance
Kelley Cochran
Deputy Finance Director
TITLE:
title
Approval of the Revised Fiscal Policies
OVERVIEW STATEMENT:
recommendation
The City's Fiscal Policies have been reviewed and revised for the 2023-2024 budget process. Many of the edits represent clean-up, clarification, or updates. Following the March 8th Study Session, the City Council recommended a few changes to the Fiscal Policies, which were made by staff and subsequently reviewed by the City Council at the March 22nd Study Session The City Council did not make any other changes to the Fiscal Policies. The noteworthy edits to the Fiscal Policies are highlighted in the first attachment (including the City Council directed changes at the March 8th Study Session, which are redlined), and the full redlined version of the Fiscal Policies is included in the second attachment.
body
? Additional Background Information/Description of Proposal Attached
REQUESTED ACTION:
? Receive Information ? Provide Direction ? Approve
REQUEST RATIONALE:
* Relevant Plans/Policies:
Fiscal Policies
* Required:
N/A
* Council Request:
N/A
* Other Key Facts:
N/A
OUTCOMES:
N/A
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:
N/A
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
3/8/2022
Study Session
Provide Direction
3/22/2022
Study Session
Provide Direction
Proposed Upcoming Contact(s)
Date
Meeting
Requested Action
N/A
Non...
Click here for full text