HomeMy WebLinkAbout06/21/2023 4GAGENDA BILL
CITY OF BREMERTON
4G
CITY COUNCIL
SUBJECT:OrdinanceNo. 5477to amend Study SessionDate: June 14, 2023
Ordinance No. 5464relating to the City of
COUNCIL MEETING Date: June 21, 2023
Bremerton FY-2023Budget
Department: Financial Services
Presenter: Karen Wikle
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/unexpecteditems, to incorporate 2022carryover
items, and to adjust for previously approved Council motions/resolutions etc. The attached
ordinance and supporting documents outlinethe various reasons for the current proposed budget
amendment.
ATTACHMENTS:
1)2023 Mid-Year Budget Adjustment Memo
2)Ordinance No. 5477to amend Ordinance No. 5464adopting the 2023Budget
3)Exhibit A-2023All Funds Revenue & Expenditures
4)Exhibit B-2023 Staffing Authorization
5)Detailed Supporting Schedules by Fund
FISCAL IMPACTS(Include Budgeted Amount): The net adjustment for all City Funds for the Fiscal
Year 2023is $30,385,604for an overall budget of$252,531,834including ending fund balances.
STUDY SESSION AGENDA: LimitedPresentation Full Presentation
STUDY SESSION ACTION:Consent Agenda General Business Public Hearing
RECOMMENDED MOTION:Move to pass Ordinance No.5477amending Ordinance No. 5464
relating to the City of Bremerton Fiscal Year 2023Budget; and further authorize identified staffing
adjustments.
COUNCIL ACTION: Approve Deny Table Continue No Action
Form Updated 01/02/2018