HomeMy WebLinkAbout06/07/2017 7BAGENDA BILL
CITY OF BREMERTON 7B
CITY COUNCIL
SUBJECT: Ordinance No. 5323 amending
Ordinance No. 5315 relating to the City of
Bremerton Fiscal Year 2017 Budget
Study Session Date
COUNCIL MEETING Date
Department:
Presenter:
Phone:
May 24, 2017
June 7, 2017
_Financial Services
Caroline Tompson
360-473-5209
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 2016 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. 5323 to Amend Ordinance No. 5315 adopting the 2017 Budget
• Exhibit A
• 2017 Mid -Year Budget Adjustment Memo
Detail fund listing identifying proposed line item and budget control category adjustments
• PowerPoint Presentation
Summary of Budget Amendments
FISCAL IMPACTS (Include Budgeted Amount): The net adjustment for all City Funds for the Fiscal
Year 2017 is $18,552,943 for a total expenditure appropriation of $169,313,086.
STUDY SESSION AGENDA: ❑ No Presentation o Full Presentation
STUDY SESSION ACTION: ❑ Consent Agenda V1 General Business ❑ Public Hearing
RECOMMENDED MOTION:
Move to pass Ordinance No. 5323 amending Ordinance No. 5315 relating to the City of Bremerton
Fiscal Year 2017 Budget.
COUNCIL ACTION: [✓f Approve
Form Updated 01/07/15
❑ Deny ❑ Table ❑ Continue ❑ No Action