HomeMy WebLinkAbout06/01/2016 6D AGENDA BILL �
CITY OF BREMERTON
CITY COUNCIL
SUBJECT: Ordinance No. 5303 to amend Study Session Date: May 25, 2016
Ordinance No. 5292 relating to the City of COUNCIL MEETING Date: June 1, 2016
Bremerton Fiscal Year 2016 Budget Department: Financial Services
Presenter: Cathy Johnson
Caroline Tompson
Phone: 360-473-5296
SUMMARY: Each year the City assesses its current fiscal year budget for any needed adjustments.
Adjustments are recommended for the following reasons: to adjust the estimated beginning fund
balances to actual, to account for unanticipated/unexpected conditions, to incorporate 2015 carryover
items, and to adjust for previously approved Council motions/resolutions etc. The attached
ordinance and supporting documents outlines the various reasons for the current proposed budget
amendment.
ATTACHMENTS:
� Ordinance No. 5303 to Amend Ordinance No. 5292 adopting the 2016 Budget
• 2016 Mid-Year Bud�et Adjustment Memo
• Detail fund listing identifying proposed line item and budget control category adjustments
FISCAL IMPACTS (Include Budgeted Amount): The net adjustment for all City Funds for the Fiscal
Year 2016 is $5,941,854 for a total expenditure appropriation of$158,873,566.
STUDY SESSION AGENDA: ❑ No Presentation o Full Presentation
STUDY SESSION ACTION: ❑ Consent Agenda o General Business ❑ Public Hearing
RECOMMENDED MOTION: Move to pass Ordinance No. 5303 to amend Ordinance No. 5292
relating to the City of Bremerton Fiscal Year 2016 Budget.
COUNCIL ACTION: [�Approve ❑ Deny ❑ Table ❑ Continue ❑ No Action
Form Updated 01/07/15