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HomeMy WebLinkAbout10/18/2017 10CAGENDA BILL CITY OF BREMERTON 1 O CITY COUNCIL SUBJECT: Ordinance No. 5336 amending BMC 3.50.050 to allocate stormwater fees or taxes collected for street improvements Study Session Date: COUNCIL MEETING Date: Department: Presenter: Phone: October 1.1, 2017 _October 18, 2017 Finance & PW DeWayne Pitts and C:hal Martin (360) 473-5296 and (360) 473-5758 SUMMARY: The proposed ordinance amends Section 3.50.050 of the Bremerton Municipal Code entitled "Persons Subject to Tax — Amount' relating to the assessments of the utility taxes for water, wastewater, and stormwater utilities in order to allocate stormwater fees or taxes collected to the Transportation Capital Fund for the purpose of funding street improvements within the City. ATTACHMENTS: 1) Ordinance No. 5336 amending BMC Section 3.50.050 FISCAL IMPACTS (Include Budgeted Amount): This action will change 2018 estimated ending fund balances for the following funds: General Fund ($308,560) Transportation Capital Improvement $308,560 STUDY SESSION AGENDA: ❑ No Presentation o Full Presentation STUDY SESSION ACTION: ❑ Consent Agenda Im General Business ❑ Public Hearing RECOMMENDED MOTION: Move to pass Ordinance No. 5336 amending Section 3.50.050 of the Bremerton Municipal Code entitled "Persons Subject to Tax — Amount' relating to the utility taxes for stormwater utilities. COUNCIL ACTION: 3/Approve Form Updated 01/07/15 ❑ Deny ❑ Table ❑ Continue ❑ No Action