HomeMy WebLinkAbout11/02/2022 6A
AGENDA BILL
6A
CITY OF BREMERTON
CITY COUNCIL
SUBJECT:Study SessionDate: October 26, 2022
Public Hearing on Revenue Sources for the COUNCIL MEETING Date: November 2, 2022
Proposed2023 City of Bremerton Budget
Department: Financial Services
Presenter: Karen Wikle
To receivepublic comment only; No action
Phone: (360) 473-5296
SUMMARY:3
Proposed Budget. The proposed budget anticipates property and EMS levy increases of the full 1%
allowed by lawandleaves utility tax rates unchanged.The proposed budget also adjusts for the
increase to the B&O tax exemption rateto $1,020,000and includes interfund transfers between
funds where appropriate. Overall, the revenue projections throughout all funds remain conservative
ATTACHMENTS:Exhibit A Revenue Sources
2023 Proposed Annual Budget |
Bremerton, WA -Official Website (bremertonwa.gov)
FISCAL IMPACTS(Include Budgeted Amount):
Total proposed general fund revenue, without beginning fund balance, is $51,537,932.
With beginning fund balance, total general fund revenue is $68,184,888.
Total proposed revenue city wide, without beginning fund balance, is $150,134,721.
With beginning fund balance, total revenue city wide is $224,441,230.
STUDY SESSION AGENDA: LimitedPresentationFull Presentation
STUDY SESSION ACTION:Consent AgendaGeneral BusinessPublic Hearing
RECOMMENDED MOTION:
Open Hearing for Public Comment.
COUNCIL ACTION:Approve Deny Table Continue No Action
X
Form Updated 01/02/2018