HomeMy WebLinkAbout06/20/2018 6CAGENDA BILL
CITY OF BREMERTON
CITY COUNCIL
SUBJECT: Ordinance No. 5348 to amend
Ordinance No. 5341 relating to the City of
Bremerton Fiscal Year 2018 Budget
Study Session Date:
COUNCIL MEETING Date:
Department:
Presenter:
Phone:
6C
(Updated)
June 13, 2018
June 20, 2018
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 2017 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:
1) Ordinance No. 5348 to Amend Ordinance No. 5341 adopting the 2018 Budget
2) Exhibit A
3) Exhibit B
4) Detail fund listing identifying proposed line item and budget control category adjustments
5) 2018 Mid -Year Budget Adjustment Memo
FISCAL IMPACTS (Include Budgeted Amount): The net adjustment for all City Funds for the
Fiscal Year 2018 is $14,045,965 for a total expenditure appropriation of $172,594,547.
STUDY SESSION AGENDA: ❑x Limited Presentation ❑ Full Presentation
STUDY SESSION ACTION: ❑ Consent Agenda M General Business ❑ Public Hearing
RECOMMENDED MOTION: Move to pass Ordinance No. 5348 amending Ordinance No. 5341
relating to the City of Bremerton Fiscal Year 2018 Budget; and further authorize identified staffing
adjustments.
COUNCIL ACTION: [ Approve ❑ Deny ❑ Table ❑ Continue ❑ No Action
Form Updated 01/02/2018