FC030822FINANCE COMMITTEE MEETING
March 8, 2022
Elected Officials Participating Virtually
Staff Participating Virtually
Councilmember Diane Buckshnis (Chair)
Dave Turley, Finance Director
Councilmember Will Chen
Rob English, Acting Public Works Director
Susan McLaughlin, Development Services Director
Councilmembers in Audience
Doug Merriman, Interim Comm. Serv. & Econ. Dev. Dir.
Council President Olson
Ange Feser, Parks, Rec., Cultural Arts & Human
Serv. Dir.
Shannon Burley, Deputy Parks, Rec., Cultural Arts &
Human Serv. Dir.
Thom Sullivan, Facilities Manager
Jeff Taraday, City Attorney
Scott Passey, City Clerk
1. CALL TO ORDER
The Edmonds City Council virtual online Finance Committee meeting was called to order at 6:02 p.m.
by Councilmember Buckshnis.
2. COMMITTEE BUSINESS
4. ARPA Funding Status
Mr. Merriman reviewed graphs illustrating expenditures, commitments and funds allocated by
account:
A. Total ARPA Funds
Total ARPA Funds - $11,893,099
$80,288
A -City Expenditures-6.3% 1 $90,474
— $7 0,000
B - Household Support - - $299,129
34.9%
C - Business Support -9.5%
D - Nonprofit Support -
4.2%
$199,999
E-Job Retraining-5.0% $6t
$6(
F - Green Infrastructure -
40.1%
$4,150,000
$0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000
0 Expenditures Commitments 0 Funds Allocated - Account
03/08/22 Finance Committee Minutes, Page 2
B. Household Support Subcategories
B - Household Support Subcategories - $4,150,000
$0
Housing Repair Support- $0
24.0%
$1,000,U00
$5,443
Utility Bill Support -3.6% $50,000
$150,010
$29 ,686
Household General Support- $1 OW 000
72.4%
$3,000,000
$0 $500,WO $1,000,000 $1,500,000 $2,000,000 $2,500,000 53,000,000 $3,500,000
■Expenditures ■Commitments ■ Funds Allocated
C. Business Support Subcategories
C - Business Support Subcategories - $1,125,000
164,161
Small Business Support -
55.6% $501,661
$625,00
$49, 6
Tourism Support - 26.6% $49, 9
$300,000
$11,212
General Business Support- $11,227
17.6%
$200,000
$0 $100,000 $200,000 $300,000 $400,000 $500,000 $6W,OW $700,000
■ Expenditures Commitments ■ Funds Allocated
Questions and discussion followed regarding how the green infrastructure allocation would be used
and whether there was sufficient staff for implementation, an RFP that was issued regarding green
streets, first right of refusal for the Unocal property, whether some of the allocations could be
reassigned, increasing non-profit support, whether the parameters for subcategories like housing
repair support or general business support could be changed, whether any of the ARPA funds could
be used for Plum Tree Plaza businesses damaged by fire, support for adding funds to job retraining,
confirming whether colleges have distributed job retraining funds, eligibility requirements for job
retraining funds, cumbersome federal guidelines for distributing ARPA funds, adopting the Treasury
Department's newest sets of guidelines to expedite distribution, whether allocation to some categories
needed to be increased, human service's focus on prevention, and whether information regarding
ARPA fund availability is provided in multiple languages.
Action: Mr. Merriman and Ms. Burley discuss and determine whether to return to Finance Committee
or to full Council.
03/08/22 Finance Committee Minutes, Page 3
1. 2022 Carryforward Budget Amendment
Mr. Turley reviewed the budget amendments:
1. Unspent ARPA Funds
2. Equipment Purchase Carryforward (Administrative Services/Information Technology)
3. Brackett's North Restroom Repair
4. EAC Create Grant Program
5. Civic Park
6. Greenhouse
7. City Walkway Pedestrian Safety Project
8. Street Tree Plan
9. Climate Action Plan Update (ESA)
10. Climate Action Plan Public Engagement
11. Canopy Assessment (SaveATree)
12. Highway 99 Community Renewal Plan
13. 175th Slope Repair (E21 FB/c560)
14. Dayton Street Stormwater Pump Station
15. Seaview Infiltration Facility Phase 2
16. Storm Maintenance Project Phase 2
17. Storm Maintenance Project Phase 3
18. Utility Fund Reserve Policies
19. Phase 3 Sanitary Sewer CIPP
20. Phase 7 Sewer Replacement
21. Phase 9 Sewer Replacement
22. Phase 11 Waterline Replacement
23. Phase 12 Waterline Replacement
24. 2021 Traffic Calming Program
25. Citywide Pedestrian Crossing Enhancements
26. Highway 99 Revitalization & Gateway - Stage 2
27. Elm Way Walkway from 8th Ave. S to 9th Ave. S
28. 2021 Guardrail Program
29. 84th Ave. W Overlay from 220th St. SW to 212th St. SW
30. 2021 Overlay Program
31. WWTP Capital Carryforward to complete carbon recovery project
Mr. Turley responded to questions regarding completion of the Highway 99 Community Renewal Plan,
location of the Seaview infiltration project, and details about the traffic calming program and why there
was a carryforward.
Mr. Turley relayed the total effect of the amendments is a $9.2 million increase in revenue and $22.1
million increase in budgeted expenditures.
Action: Schedule for full council for 30 minutes.
2. 2021 Disposed Assets
Mr. Turley explained these are assets that have been on the books for up to 40 years. For example,
the cost to build the Civic Center basketball court decades ago was $19,700; that was capitalized and
has been on the books for 30 years. As the new Civic Park is built, the basketball court was removed
which is considered disposal of an asset. Staff makes a list of the assets that are disposed of and
informs council of their disposal. Most of the capital assets on the list are disposed of, not sold.
Vehicles will typically be sold at auction and the proceeds returned to the original funding source such
as the 511 B Fund.
03/08/22 Finance Committee Minutes, Page 4
Action: Consent Agenda
3. January 2022 Monthly Financial Report
Mr. Turley reviewed:
• Noteworthy items
o Fund 001 revenues are down $499,256 from this point in time last year. This is primarily
due to a "DOC Frances Anderson Center roofing" grant received in January 2021 and DS
revenues being down a total of $80,966 from this point in time last year
o REET Revenues are down a total of $247,946 from this point in time. REET revenues for
the month are still at a high level, but they are down compared to last year because
January 2021 was an exceptionally big month
o The difference for Fund 422 is primarily due to a grant reimbursement in January 2021
o Sales tax is up $83,574 from last January
• January — December Change in Sales Tax Revenue by Category
o 2021 came in $1.99 million more than 2020
January 2021 compared to January 2020 Change in Sales Tax Revenue by Category
o January 2021 came in $83,674 more than January 2020
Total Sales Tax Revenues for 12 month ended January 31, 2022
o Retail Food stores - $341,587
o Automotive Repair - $221,808
o Retail Automotive - $2,520,049
o Manufacturing - $131,412
o Gasoline - $39,762
o Eating & Drinking - $1,068,982
o Health & Personal Care - $260,438
o Others - $244,903
o Construction Trade - $1,601,406
o Clothing & Accessories - $335,738
o Amusement & Recreation - $58,280
o Misc. Retail - $1,847,363
o Wholesale Trade - $356,025
o Communications - $240,836
o Accommodation - $39,088
o Business Services - $1,078,515
Questions and comments followed regarding strong sales tax in all categories, amount of the utility
rate increase in 2022, and compliments on the investment portfolio.
Action: Consent Agenda
3. ADJOURN
The meeting was adjourned at 7:16 p.m.