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2021-10-12 City Council - Full FIN Agenda-29891 o Agenda Edmonds City Council FINANCE COMMITTEE - ZOOM VIRTUAL ONLINE MEETING EDMONDS CITY COUNCIL MEETINGS WEB PAGE, HTTP://EDMONDSWA.IQM2.COM/CITIZENS/DEFAULT.ASPX, EDMONDS, WA 98020 OCTOBER 12, 2021, 6:00 PM THIS MEETING IS HELD VIRTUALLY USING THE ZOOM MEETING PLATFORM. TO VIEW OR LISTEN TO THE COMMITTEE MEETING IN ITS ENTIRETY, PASTE THE FOLLOWING INTO A WEB BROWSER USING A COMPUTER OR SMART PHONE: HTTPS://ZOOM. US/J/95798484261 OR JOIN BY DIAL -UP PHONE: US: +1 253 215 8782 WEBINAR ID: 957 9848 4261 COUNCIL COMMITTEE MEETINGS ARE WORK SESSIONS FOR THE COUNCIL AND CITY STAFF. COMMITTEE MEETING AGENDAS DO NOT INCLUDE AUDIENCE COMMENTS OR PUBLIC HEARINGS. CALL TO ORDER COMMITTEE BUSINESS 1. August 2021 Monthly Financial Report (10 min) 2. Proposal to Change to Biennial Budget (15 min) ADJOURN Edmonds City Council Agenda October 12, 2021 Page 1 2.1 City Council Agenda Item Meeting Date: 10/12/2021 August 2021 Monthly Financial Report Staff Lead: Dave Turley Department: Administrative Services Preparer: Sarah Mager Background/History N/A Staff Recommendation Review and move to full council on consent Narrative August 2021 Monthly Financial Report Attachments: August 2021 Monthly Financial Report Packet Pg. 2 I 2.1.a I OF EDP � d lac. 1SOV CITY OF EDMONDS MONTHLY BUDGETARY FINANCIAL REPORT AUGUST 2021 Packet Pg. 3 1 GENERAL FUND SUMMARY I 2.1.a I General Fund Revenues and Expenses (Rolling 24 months) General Fund Revenue General Fund Expenses 10,000, 000 9,000,000 8,000,000 7,000, 000 6,000, 000 5,000,000 4,000, 000 , 3,000,000 2,000, 000 1,000, 000 — September December ♦� 9 ft Tr - March June September December March June General Fund Tax Revenue (2015 through 2020) Sales Tax Property Tax EMS Tax Other Taxes 12,000, 000 10,000, 000 8,000,000 _ _ 6,000,000 4,000, 000 2,000,000 2015 2016 2017 2018 2019 2020 General Fund Tax Revenue (2021 YTD) 8,000,000 7,000,000 6 634 250 6,000,000 5 855 878 $5,354,926 5,000,000 4,000,000 3,000,000 2,309,077 2,000,000 1,000,000 Sales Tax Property Tax EMS Tax Other Taxes 1 Packet Pg. 4 I 2.1.a I City of Edmonds, WA Monthly Revenue Summary -General Fund 2021 General Fund Cumulative Monthly YTD Variance Budget Forecast Budget Forecast Actuals January $ 2,287,290 $ February 4,613,781 March 7,107,230 April 10,175,039 May 18,374,709 June 20,786,286 July 23,079,988 August 25,616,155 September 27,881,561 October 31,748,856 November 40,108,232 December 42,450,777 Real Estate Excise Tax 1 & 2 2,287,290 $ 2,740,276 19.80% 2,326,491 5,089,278 10.31 2,493,449 7,050,949 -0.79% 3,067,809 11,029,475 8.40% 8,199,670 20,122,774 9.51% 2,411,577 22,872,014 10.03% 2,293,702 25,583,320 10.85% 2,536,167 28,113,466 9.75% 2,265,406 3,867,296 8,359,375 2,342,545 City of Edmonds, WA Monthly Revenue Summary -Real Estate Excise Tax 2021 Cumulative Monthly YTD Variance Budget Forecast Budget Forecast Actuals January $ 195,748 $ February 341,557 March 525,343 April 697,989 May 895,413 June 1,120,061 July 1,335,075 August 1,581,214 September 1,849,736 October 2,083,774 November 2,308,787 December 2,500,000 195,748 $ 625,840 219.72% 145,810 922,678 170.14% 183,786 1,222,093 132.63 172,646 1,478,072 111.76 197,424 1,949,651 117.74 224,648 2,330,065 108.03% 215,015 2,879,064 115.65% 246,138 3,453,870 118.43% 268,522 234,038 225,013 191,213 *The monthly budget forecast columns are based on a five-year average. 2 Packet Pg. 5 1 SALES TAX SUMMARY I 2.1.a I Construction Trade, $968,200 Accommodation, _ $18,693 Clothing and Accessories, $214,933 Communications, $163,010 Wholesale Trade, $249,294 Sales Tax Analysis By Category Current Period: August 2021 Year -to -Date Total $6,634,250 Automotive Repair, $133,805 Amusement & Recreation, $35,615 Health & Personal Care, $173,176 Misc Retail, $1,223,271, .Business Services, $698,030 Gasoline, $26,745 Retail Food Stores, �- $227,379 Retail Automotive, $1,634,293 _A Others, $154,300 Eating & Drinking, Manufacturing, $83,637 $629,868 Annual Sales Tax Revenue 10,000,000 $8,406,296 $8,452,715 $8,317,046 8,000,000 7 395 114 $6,741,838 $6,905,122 $6,634,250 6,000,000 4,000,000 2,000, 000 0 201 2017 2018 2019 2020 YTD 2021 0 0 c c ii >, t c 0 N O N y a� a 0 a a� c �a c ii 21 t c 0 N O N N Cn Q u c 0 t U r r Q 3 Packet Pg. 6 I 2.1.a I City of Edmonds, WA Monthly Revenue Summary -Sales and Use Tax 2021 Sales and Use Tax Cumulative Monthly YTD Variance Budget Forecast Budget Forecast Actuals % January $ 661,963 $ 661,963 $ 774,198 16.95% February 1,491,081 829,118 1,647,058 10.46% March 2,110,825 619,744 2,350,659 11.36% April 2,677,870 567,045 3,041,781 13.59% May 3,379,279 701,409 3,922,140 16.06% June 4,038,220 658,941 4,797,214 18.80% July 4,756,025 717,805 5,699,002 19.83% August 5,547,915 791,890 6,634,250 19.58% September 6,288,480 740,565 October 7,063,515 775,035 November 7,866,501 802,986 December 8,600,000 733,499 Gas Utility Tax Sales and Use Tax 9,000,000 8,000,000 7,000,000 6,000,000 fof 5,000,000 4,000,000 3,000,000 2,000,000 1,000,000 0 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC � Current Yeaz Budget Prior Year City of Edmonds, WA Monthly Revenue Summary -Gas Utility Tax 2021 Cumulative Monthly Budget Forecast Budget Forecast YTD Actuals Variance % January $ 82,557 $ 82,557 $ 84,132 1.91% February 170,654 88,097 172,999 1.37% March 250,947 80,292 269,171 7.26% April 317,447 66,501 350,366 10.37% May 368,586 51,139 413,190 12.10% June 403,108 34,522 453,419 12.48% July 430,884 27,777 489,128 13.52% August 454,299 23,415 512,233 12.75% September 475,121 20,822 October 498,594 23,472 November 537,295 38,702 December 595,000 57,705 Gas Utility Tax 700,000 600,000 500,000 - 400,000 300,000 200,000 100,000 0 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC �CurrentYeaz Budget �PriorYear *The monthly budget forecast columns are based on a five-year average. m Packet Pg. 7 1 I 2.1.a I City of Edmonds, WA Monthly Revenue Summary -Telephone Utility Tax 2021 Telephone Utility Tax Cumulative Monthly Budget Forecast Budget Forecast YTD Actuals Variance % January $ 69,351 $ 69,351 $ 56,592 -18.40% February 138,426 69,074 85,370 -38.33% March 199,085 60,660 140,907 -29.22% April 265,909 66,823 190,824 -28.24% May 325,636 59,728 218,932 -32.77% June 385,177 59,540 274,873 -28.64% July 443,946 58,770 322,813 -27.29% August 501,501 57,554 365,431 -27.13% September 557,882 56,382 October 615,320 57,437 November 665,999 50,679 December 723,000 57,001 Electric Utility Tax Telephone Utility Tax 800,000 700,000 600,000 500,000 400,000 300,000 200,000 100,000 0 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Current Year Budget � Prior Year City of Edmonds, WA Monthly Revenue Summary -Electric Utility Tax 2021 Cumulative Monthly Budget Forecast Budget Forecast YTD Actuals Variance % January $ 179,984 $ 179,984 $ 192,356 6.87% February 379,889 199,905 367,328 -3.31% March 546,637 166,748 537,433 -1.68% April 730,293 183,656 721,208 -1.24% May 873,813 143,520 872,875 -0.11% June 997,568 123,755 987,183 -1.04% July 1,114,337 116,769 1,105,355 -0.81% August 1,230,154 115,816 1,217,532 -1.03% September 1,342,671 112,517 October 1,453,976 111,305 November 1,576,729 122,753 December 1,710,000 133,271 Electric Utility Tax 1,800,000 1,600,000 1,400,000 1,200,000 1,000,000 800,000 600,000 400,000 200,000 0 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC -*-- Current Year Budget � Prior Year *The monthly budget forecast columns are based on a five-year average. 5 Packet Pg. 8 2.1.a I City of Edmonds, WA Monthly Revenue Summary -Meter Water Sales 2021 Meter Water Sales Cumulative Monthly Budget Forecast Budget Forecast YTD Actuals Variance % January $ 779,311 $ 779,311 $ 785,708 0.82% February 1,323,513 544,201 1,376,327 3.99% March 2,123,378 799,865 2,200,360 3.63% April 2,634,733 511,355 2,730,111 3.62% May 3,397,533 762,799 3,527,366 3.82% June 3,993,888 596,356 4,181,353 4.69% July 4,928,107 934,219 5,161,097 4.73% August 5,728,520 800,414 6,057,803 5.75% September 6,831,863 1,103,343 October 7,628,547 796,684 November 8,538,589 910,042 December 9,090,825 552,236 Storm Water Sales Meter Water Sales 9,000,000 8,000,000 7,000,000 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 1,000,000 0 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC - Current Yeaz Budget - Prior Year City of Edmonds, WA Monthly Revenue Summary -Storm Water Sales 2021 Cumulative Monthly Budget Forecast Budget Forecast YTD Actuals Variance % January $ 384,276 $ 384,276 $ 377,845 6.87% February 1,216,009 831,732 1,205,144 -3.31% March 1,599,504 383,495 1,586,561 -1.68% April 1,939,303 339,799 1,926,094 -1.24% May 2,323,204 383,901 2,307,849 -0.11% June 2,663,931 340,727 2,647,822 -1.04% July 3,048,086 384,154 2,994,340 -1.76% August 3,880,066 831,980 3,819,514 -1.56% September 4,263,771 383,706 October 4,604,458 340,687 November 4,988,465 384,006 December 5,316,477 328,012 Storm Water Sales 5,500,000 5,000,000 4,500,000 4,000,000 3,500,000 3,000,000 2,500,000 - 2,000,000 1,500,000 1,000,000 500,000 0 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Current Year Budget � Prior Year *The monthly budget forecast columns are based on a five-year average. O CL d w O C O C LL t C O N O N r to M 3 Q O CL O C c LL z r C O r N O N y+ to 7 1m 7 Q C d t V Q 6 Packet Pg. 9 I 2.1.a I City of Edmonds, WA Monthly Revenue Summary-Unmeter Sewer Sales 2021 Unmeter Sewer Sales Cumulative Monthly Budget Forecast Budget Forecast YTD Actuals Variance January $ 846,742 $ 846,742 $ 806,699 -4.73% February 1,539,036 692,295 1,482,613 -3.67% March 2,387,119 848,083 2,293,552 -3.92% April 3,078,705 691,586 2,976,527 -3.32% May 3,923,269 844,563 3,802,264 -3.08% June 4,616,005 692,736 4,493,851 -2.65% July 5,485,907 869,902 5,279,791 -3.76% August 6,180,993 695,086 5,974,891 -3.33% September 7,065,967 884,974 October 7,769,759 703,792 November 8,630,384 860,626 December 9,319,928 689,544 O CL Iv fC U C M C LL t a+ C O r N O N a+ In 7 7 Q O CL d R U C M C M t C O r N O N a+ fn 7 7 Q r+ C d E t V M r+ a+ a *The monthly budget forecast columns are based on a five-year average. 7 Packet Pg. 10 I 2.1.a I City of Edmonds, WA Monthly Expenditure Report -General Fund 2021 General Fund Cumulative Budget Forecast Monthly Budget Forecast YTD Actuals Variance % January $ 4,845,167 $ 4,845,167 $ 4,488,492 -7.36% February 8,240,292 3,395,126 7,637,016 -7.32% March 11,746,201 3,505,909 11,022,804 -6.16% April 15,231,541 3,485,340 14,232,961 -6.56% May 18,483,451 3,251,910 17,443,966 -5.62% June 22,684,269 4,200,818 21,115,256 -6.92% July 26,549,767 3,865,498 24,346,357 -8.30% August 30,224,810 3,675,044 27,848,489 -7.86% September 33,657,349 3,432,539 October 37,442,814 3,785,464 November 41,528,072 4,085,259 December 45,978,718 4,450,646 Non -Departmental General Fund 48,000,000 44,000,000 40,000,000 36,000,000 32,000,000 28,000,000 24,000,000 20,000,000 16,000,000 12,000,000 8,000,000 4,000,000 0 JAN FEB MAR APR MAX JUN JUL AUG SEP OCT NOV DEC --P--Current Year Budget -Prior Year City of Edmonds, WA Monthly Expenditure Report -Non -Departmental 2021 Cumulative Monthly Budget Forecast Budget Forecast YTD Actuals Variance % January $ 2,126,439 $ 2,126,439 $ 2,013,112 -5.33% February 2,957,339 830,899 2,845,113 -3.79% March 3,909,781 952,442 3,679,050 -5.90% April 4,736,733 826,952 4,484,023 -5.34% May 5,415,966 679,234 5,278,401 -2.54% June 6,873,740 1,457,774 6,412,264 -6.71% July 7,909,844 1,036,104 7,203,386 -8.93% August 8,774,178 864,334 8,115,624 -7.51% September 9,513,240 739,062 October 10,425,754 912,513 November 11,547,839 1,122,086 December 12,881,593 1,333,754 *The monthly budget forecast columns are based on a five-year average. Packet Pg. 11 I 2.1.a I City of Edmonds, WA Monthly Expenditure Report -City Council 2021 City Council Cumulative Monthly Budget Forecast Budget Forecast YTD Actuals Variance % January $ 27,295 $ 27,295 $ 26,808 -1.79% February 57,824 30,529 53,681 -7.17% March 91,440 33,616 83,267 -8.94% April 122,323 30,882 110,738 -9.47% May 163,149 40,826 137,169 -15.92% June 212,026 48,877 164,613 -22.36% July 246,267 34,241 192,621 -21.78% August 293,761 47,494 219,652 -25.23% September 333,076 39,315 October 357,472 24,396 November 393,733 36,262 December 432,478 38,745 City ofEdmonds, WA Monthly Expenditure Report -Office of Mayor 2021 Office of Mayor Cumulative Monthly Budget Forecast Budget Forecast YTD Actuals Variance % January $ 28,543 $ 28,543 $ 27,531 -3.55% February 58,378 29,835 55,740 -4.52% March 86,855 28,477 83,532 -3.83% April 115,847 28,992 111,352 -3.88% May 144,377 28,530 138,910 -3.79% June 172,357 27,980 166,677 -3.30% July 200,988 28,631 194,309 -3.32% August 230,481 29,494 221,858 -3.74% September 259,088 28,607 October 287,175 28,087 November 315,280 28,104 December 345,501 30,221 Office of Mayor 350,000.00 300,000.00 250,000.00 200,000.00 150,000.00 100,000.00 50,000.00 0.00 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Current Yeaz Budget � Prior Year *The monthly budget forecast columns are based on a five-year average. F O CL d w C t>3 C LL t C O N O N r In M 3 Q O CL O C c LL _A t r C O N O N N 7 Im 7 Q C d t V t>3 Q 9 Packet Pg. 12 I 2.1.a I City of Edmonds, WA Monthly Expenditure Report -Human Resources 2021 Human Resources Cumulative Budget Forecast Monthly Budget Forecast YTD Actuals Variance % January $ 73,271 $ 73,271 $ 75,120 2.52% February 138,790 65,519 132,066 -4.84% March 202,112 63,322 187,141 -7.41% April 262,791 60,679 252,612 -3.87% May 326,332 63,541 319,298 -2.16% June 403,462 77,130 368,323 -8.71% July 464,647 61,185 419,004 -9.82% August 528,490 63,843 462,324 -12.52% September 598,547 70,057 October 664,032 65,485 November 731,681 67,649 December 837,176 105,495 City of Edmonds, WA Monthly Expenditure Report -Municipal Court 2021 Municipal Court Cumulative Monthly Budget Forecast Budget Forecast YTD Actuals Variance % January $ 88,422 $ 88,422 $ 93,953 6.26% February 185,102 96,680 183,450 -0.89% March 279,267 94,165 275,717 -1.27% April 374,976 95,709 359,370 -4.16% May 477,911 102,935 445,221 -6.84% June 568,960 91,049 535,746 -5.84% July 663,035 94,076 622,191 -6.16% August 760,661 97,626 749,313 -1.49% September 855,256 94,594 October 954,530 99,275 November 1,047,855 93,324 December 1,166,183 118,328 Municipal Court 1,200,000 1,000,000 800,000 600,000 400,000 200,000 0 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Current Yeaz Budget Prior Yeaz *The monthly budget forecast columns are based on a five-year average. F O CL d w C C LL t C O N O N r to M 3 Q O CL O C O c LL t r C O r N O N to 7 lm 7 Q C d t V Q 10 Packet Pg. 13 I 2.1.a I City of Edmonds, WA Monthly Expenditure Report -Community Services/Economic Development 2021 Community Services/Economic Development Cumulative Monthly Budget Forecast Budget Forecast YTD Actuals Variance January $ 41,233 $ 41,233 $ 43,221 4.82% February 88,221 46,989 85,831 -2.71% March 135,256 47,034 130,319 -3.65% April 184,259 49,003 157,909 -14.30% May 233,650 49,391 198,730 -14.95% June 281,295 47,646 263,632 -6.28% July 332,496 51,200 308,903 -7.10% August 387,551 55,056 366,310 -5.48% September 434,722 47,170 October 487,409 52,687 November 550,406 62,997 December 624,198 73,792 City Clerk Community Services/Economic Development 700,000 600,000 500,000 400,000 300,000 200,000 100,000 0 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC --*-- Current Yeaz Budget � Prior Yeaz City of Edmonds, WA Monthly Expenditure Report -City Clerk 2021 Cumulative Monthly Budget Forecast Budget Forecast YTD Actuals Variance January $ 73,276 $ 73,276 $ 78,859 7.62% February 133,953 60,677 139,396 4.06% March 196,194 62,241 209,183 6.62% April 261,901 65,707 272,337 3.98% May 322,071 60,170 328,247 1.92% June 380,379 58,308 351,029 -7.72% July 444,659 64,280 363,075 -18.35% August 511,894 67,234 408,783 -20.14% September 567,756 55,862 October 625,324 57,568 November 692,090 66,766 December 757,055 64,965 800,000 City Clerk 700,000 600,000 500,000 06 400,000 300,000 200,000 - 100,000 , 0 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Current Year Budget � Prior Year *The monthly budget forecast columns are based on a jive -year average. O CL lv FY O C C LL t C O tV O N r to M 3 Q O CL O C c LL t r C O r N O N N 7 lm 7 Q C d 1= t V Q 11 Packet Pg. 14 I 2.1.a I City of Edmonds, WA Monthly Expenditure Report -Technology Rental Fund 2021 Technology Rental Fund Cumulative Monthly Budget Forecast Budget Forecast YTD Actuals Variance % January $ 136,722 $ 136,722 $ 117,002 -14.42% February 290,515 153,792 168,294 -42.07% March 386,224 95,709 350,229 -9.32% April 453,827 67,604 404,389 -10.89% May 542,997 89,170 460,963 -15.11% June 634,330 91,333 519,736 -18.07% July 713,918 79,588 572,585 -19.80% August 806,613 92,695 642,362 -20.36% September 902,103 95,490 October 985,360 83,257 November 1,067,005 81,645 December 1,257,909 190,904 Finance Technology Rental Fund 1,400,000 1,200,000 1,000,000 800,000 600,000 400,000 200,000 0 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC �Current Year Budget Prior Year City of Edmonds, WA Monthly Expenditure Report -Finance 2021 Cumulative Monthly Budget Forecast Budget Forecast YTD Actuals Variance % January $ 116,793 $ 116,793 $ 137,736 17.93% February 202,688 85,896 226,074 11.54% March 289,766 87,077 314,260 8.45% April 377,999 88,233 402,835 6.57% May 466,613 88,615 490,038 5.02% June 576,420 109,807 625,371 8.49% July 670,117 93,697 766,314 14.36% August 756,308 86,191 875,083 15.70% September 853,460 97,152 October 943,512 90,052 November 1,030,441 86,929 December 1,118,378 87,937 Finance 1,400,000 1,200,000 1,000,000 800,000 600,000 400,000 200,000 0 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC -0-- Current Yeaz Budget -0-- Prior Year *The monthly budget forecast columns are based on a five-year average. F O CL d w O C <C C LL t C O N O N r In M 3 Q 12 Packet Pg. 15 I 2.1.a I City of Edmonds, WA Monthly Expenditure Report -City Attorney 2021 City Attorney Cumulative Monthly Budget Forecast Budget Forecast YTD Actuals Variance % January $ 78,040 $ 78,040 $ 69,941 -10.38% February 156,080 78,040 142,526 -8.68% March 234,120 78,040 212,467 -9.25% April 312,160 78,040 282,407 -9.53% May 390,200 78,040 352,348 -9.70% June 468,240 78,040 404,226 -13.67% July 546,280 78,040 492,368 -9.87% August 624,320 78,040 562,309 -9.93% September 702,360 78,040 October 780,400 78,040 November 858,440 78,040 December 936,480 78,040 Police City Attorney 1,000,000 900,000 800,000 700,000 600,000 500,000 400,000 300,000 200,000 100,000 0 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Current Year Budget - Prior Year City of Edmonds, WA Monthly Expenditure Report -Police 2021 Cumulative Monthly YTD Variance Budget Forecast Budget Forecast Actuals % January $ 948,663 $ 948,663 $ 992,942 4.67% February 1,933,831 985,168 1,856,572 -4.00% March 2,901,114 967,283 2,871,535 -1.02% April 3,878,067 976,953 3,802,023 -1.96% May 4,844,411 966,345 4,751,092 -1.93% June 5,873,421 1,029,009 5,731,600 -2.41% July 6,905,785 1,032,364 6,626,850 -4.04% August 7,852,686 946,901 7,550,794 -3.84% September 8,847,063 994,377 October 9,934,749 1,087,687 November 11,184,244 1,249,495 December 12,217,071 1,032,827 Police 14,000,000 12,000,000 10,000,000 8,000,000 6,000,000 4,000,000 2,000,000 0 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC --"- Current Yeaz Budget Prior Year *The monthly budget forecast columns are based on a five-year average. O CL d C flf C LL 21 t C O 2 T_ N O N r M 3 Q O CL O C c LL t r C O 2 r N O N N 7 Im 7 Q C d t V Q 13 Packet Pg. 16 t 2.1.a I City of Edmonds, WA Monthly Expenditure Report -Development Services 2021 Development Services Cumulative Monthly Budget Forecast Budget Forecast YTD Actuals Variance % January $ 256,049 $ 256,049 $ 219,157 -14.41% February 537,665 281,616 448,394 -16.60% March 818,171 280,505 690,769 -15.57% April 1,116,880 298,709 934,573 -16.32% May 1,419,687 302,807 1,185,423 -16.50% June 1,698,802 279,115 1,471,283 -13.39% July 2,000,438 301,636 1,730,845 -13.48% August 2,308,559 308,121 1,960,572 -15.07% September 2,606,786 298,227 October 2,898,446 291,660 November 3,237,188 338,742 December 3,585,738 348,550 Parks & Recreation Development Services 3,600,000 3,200,000 2,800,000 2,400,000 2,000,000 1,600,000 1,200,000 _0000.--0000- 800,000 ,,- 400,000 0 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC �Current Year Budget Prior Year City of Edmonds, WA Monthly Expenditure Report -Parks & Recreation 2021 Cumulative Monthly Budget Forecast Budget Forecast YTD Actuals Variance % January $ 319,744 $ 319,744 $ 308,283 -3.58% February 651,727 331,983 655,977 0.65% March 1,004,599 352,872 971,861 -3.26% April 1,371,174 366,574 1,273,239 -7.14% May 1,749,534 378,360 1,604,251 -8.30% June 2,129,825 380,291 2,002,869 -5.96% July 2,608,624 478,799 2,366,948 -9.26% August 3,159,845 551,221 2,760,446 -12.64% September 3,607,041 447,196 October 3,989,956 382,916 November 4,323,317 333,361 December 4,729,281 405,964 *The monthly budget forecast columns are based on a five-year average. 14 Packet Pg. 17 I 2.1.a I City of Edmonds, WA Monthly Expenditure Report -Public Works Administration 2021 Public Works Administration Cumulative Monthly Budget Forecast Budget Forecast YTD Actuals Variance January $ 42,089 $ 42,089 $ 40,605 -3.53% February 84,997 42,908 81,720 -3.86% March 127,527 42,530 123,465 -3.19% April 170,261 42,734 170,658 0.23% May 213,078 42,817 212,461 -0.29% June 256,751 43,673 254,025 -1.06% July 300,611 43,860 297,102 -1.17% August 343,101 42,490 337,783 -1.55% September 385,406 42,305 October 426,793 41,387 November 468,729 41,936 December 512,253 43,524 Facilities Maintenance Public Works Administration 600,000 500,000 400,000 300,000 200,000 100,000 0 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Current Year Budget � Prior Year City of Edmonds, WA Monthly Expenditure Report -Facilities Maintenance 2021 Cumulative Monthly Budget Forecast Budget Forecast YTD Actuals Variance January $ 167,724 $ 167,724 $ 142,909 -14.80% February 348,879 181,155 294,332 -15.63% March 533,264 184,385 528,741 -0.85% April 706,629 173,365 711,450 0.68% May 894,239 187,611 856,587 -4.21% June 1,043,804 149,565 989,625 -5.19% July 1,223,905 180,101 1,170,492 -4.36% August 1,414,941 191,036 1,445,505 2.16% September 1,622,246 207,305 October 1,898,737 276,491 November 2,125,911 227,174 December 2,442,899 316,988 *The monthly budget forecast columns are based on a five-year average. O CL d fC U C M C LL t a+ C O r N O N a+ /n 7 Q O rL m d' U C M C_ LL t C O r N O N a+ N 7 7 Q a+ C d E t V M a+ a+ a 15 Packet Pg. 18 I 2.1.a I City of Edmonds, WA Monthly Expenditure Report -Engineering 2021 Engineering Cumulative Monthly Budget Forecast Budget Forecast YTD Actuals Variance January $ 212,668 $ 212,668 $ 218,316 2.66% February 423,271 210,602 436,144 3.04% March 652,974 229,703 661,498 1.31% April 890,809 237,835 888,001 -0.32% May 1,130,883 240,074 1,122,224 -0.77% June 1,371,946 241,063 1,346,241 -1.87% July 1,617,159 245,213 1,560,038 -3.53% August 1,869,308 252,149 1,770,434 -5.29% September 2,101,156 231,848 October 2,337,410 236,254 November 2,559,700 222,290 December 2,793,032 233,332 *The monthly budget forecast columns are based on a five-year average. 16 Packet Pg. 19 I 2.1.a I INVESTMENT PORTFOLIO SUMMARY City of Edmonds Investment Portfolio Detail As of August 31, 2021 Years Agency/ Investment Purchase to Par Market Maturity Coupon Issuer Type Price Maturity Value Value Date Rate Grant Cnty WA FFCB Energy Northw est Energy Northw est Mason & Kitsap Cnty WA Grant Cnty WA Grant Cnty WA Seattle WA Muni FHLB First Financial - ECA Kent WA Spokane County WA First Financial - Waterfront Center Bonds Bonds Bonds Bonds Bonds Bonds Bonds Bonds Bonds CD Bonds Bonds CD TOTAL SECURITIES Washington State Local Gov't Investment Pool Snohomish County Local Gov't Investment Pool TOTAL PORTFOLIO 410,553 0.34 405,000 407,070 01/01/22 1.79% 1,998,548 0.79 2,000,000 2,028,040 06/14/22 1.88% 1,466,077 0.83 1,345,000 1,400,011 07/01/22 5.00% 260,748 0.83 250,000 255,720 07/01/22 2.95% 948,084 1.25 855,000 906,386 12/01/22 5.00% 1,517,955 1.34 1,500,000 1,523,885 01/01/23 1.54% 576,332 1.34 520,000 553,452 01/01/23 5.00% 2,224,500 1.42 2,000,000 2,138,360 02/01/23 5.00% 1,996,590 2.10 2,000,000 1,998,996 10/05/23 0.22% 2,803,516 2.21 2,803,516 2,803,516 11/15/23 2.08% 286,648 2.25 250,000 276,925 12/01/23 5.00% 259,075 3.25 250,000 262,218 12/01/24 2.10% 2,000,000 6.17 2,000,000 2,000,000 11/01/27 0.25% 16,748,624 1.86 16,178,516 16,554,577 22,313,699 22,313,699 Demand 0.08% 32,314,796 32,314,796 Demand 1.14% Seattle Issuer Diversification Kent WA, WA 2% � Muni, Mason & 12% Kitsap Cnty First WA, 5% Financial - CD, 30% Grant Cnty WA, 15% Spokane County FFCB, FHLB, WA 2% 12% 129/c Energy Northwest, 10% $ 70,807,011 $ 71,183,072 Cash and Investment Balances Checking, (in $ Millions) $5.4 , 7% Bonds, $11.4, 15% CD's, $4.8, 6% State LGIP, $22.3, 29% County LGIP, $32.3, 43% 17 Packet Pg. 20 I 2.1.a I INVESTMENT PORTFOLIO SUMMARY Annual Interest Income $1,400, 000 $1,236,875 $1,200,000 $1,000, 000 $947,931 $800,000 748 741 $635,781 $600,000 423,799 $400,000 $200,000 $- 2016 7 2018 2019 2020 YTD 2021 18 Packet Pg. 21 I 2.1.a I Page 1 of 1 C ITY O F EDMO NDS REVENUES BY FUND - SUMMARY Fund d0- 2021 Amended 8/31/2020 8/31/2021 Amount No. Title Budget Revenues Revenues Remaining %Receive 001 GENERAL FUND $ 42,450,777 $ 24,769,057 $ 28,113,466 $ 14,337,311 66 009 LEOFF-MEDICAL INS. RESERVE 300,000 212,500 - 300,000 0 012 CONTINGENCY RESERVE FUND 2,620 - - 2,620 0 014 HISTORIC PRESERVATION GIFT FUND 5,010 2,500 2,500 2,510 50 017 MARSH RESTORATION & PRESERVATION FUND - 100 150 (150) 0 104 DRUG ENFORCEMENT FUND 165,370 64,295 1,821 163,549 1 C O 111 STREET FUND 1,722,360 1,150,220 1,167,103 555,257 68 112 COMBINED STREET CONST/IMPROVE 117 MUNICIPAL ARTS ACQUIS. FUND 118 MEMORIAL STREET TREE 120 HOTEL/MOTEL TAX REVENUE FUND 121 EMPLOYEE PARKING PERMIT FUND 122 YOUTH SCHOLARSHIP FUND 123 TOURISM PROMOTIONAL FUND/ARTS 125 REAL ESTATE EXCISE TAX 2 1 126 REAL ESTATE EXCISE TAX 1 1 127 GIFT S CATALOG FUND 130 CEMETERY MAINTENANCE/IMPROVEMT 136 PARKSTRUST FUND 137 CEMETERY MAINTENANCE TRUST FD 138 SISTER CITY COMMISSION 140 BUSINESS IMPROVEMENT DISTRICT 141 AFFORDABLE AND SUPPORTIVE HOUSING FUND 142 EDMONDS CARES FUND 231 2012 LT GO DEBT SERVICE FUND 332 PARKS CAPITAL CONSTRUCTION FUND 411 COMBINED UTILITY OPERATION 421 WATER UTILITY FUND 422 STORM UTILITY FUND 2 423 SEWER/WWTP UTILITY FUND 3 424 BOND RESERVE FUND 511 EQUIPMENT RENTAL FUND 512 TECHNOLOGY RENTAL FUND 617 FIREMEN'S PENSION FUND 3,068,385 1,549,194 1,294,921 1,773,464 42 w T 165,060 31,969 28,726 136,334 17 'v C 270 422 495 (225) 183 O C 71,460 42,616 43,707 27,753 61 LL 21 25,240 11,692 12,180 13,060 48 t 1,390 283 503 887 36 O O 24,000 14,768 16,088 7,912 67 2 1,282,050 922,948 1,801,278 (519,228) 140 p N 1,285,240 917,220 1,790,819 (505,579) 139 N 103,930 44,944 46,070 57,860 44 3 179,800 100,417 188,896 (9,096) 7 105 Q 2,200 3,477 4,080 (1,880) 185 O 29,220 30,888 44,698 (15,478) 153 d 10,120 2,740 2,768 7,352 27 79,239 57,434 65,360 13,879 <0 82 'V 65,000 44,550 48,503 16,497 C 75 C 5,946,550 - 5,952,359 (5,809) 100 IL 759,710 47,291 40,853 718,857 5 s 1,392,520 1,378,889 400,008 992,512 r 29 r- O - 31,565 5,740 (5,740) 0 10,299,357 6,328,864 6,861,581 3,437,776 r 67 G 6,265,225 4,194,509 4,852,724 1,412,501 N 77 N 31,130,450 8,860,136 17,630,582 13,499,868 57 O 1,985,870 616,550 600,424 1,385,446 7 30 Q 1,331,100 1,232,931 1,024,763 306,337 77 1,204,880 804,733 817,745 387,135 d 68 E 67,270 54,640 - 67,270 t 0 R rw $ 111,421,673 $ 53,524,342 $ 72,860,910 $ 38,560,763 65 Q 1 2021 REET revenues are $1,751,928 higher than 2020 revenues. 2 Difference primarily due to a Grant reimbursement in January 2021, as well as 2021 storm rate increase of 5% 3 Differences primarily due to WWTP billings to their partners in January 2021. 19 Packet Pg. 22 I 2.1.a I Page 1 of 1 CITY OF EDMONDS NDS EXPENDITURES BY FUND - SUMMARY Fund 2021 Amended 8/31/2020 8/31/2021 Amount No. Title Budget Expenditures Expenditures Remaining %Spent 001 GENERAL FUND $ 45,978,718 $ 27,602,216 $ 27,848,489 $ 18,130,229 619 009 LEOFF-MEDICAL INS. RESERVE 467,140 166,143 205,570 261,570 440 014 HISTORIC PRESERVATION GIFT FUND 5,900 - - 5,900 04 016 BUILDING MAINTENANCE FUND 210,222 - 210,222 09 017 MARSH RESTORATION & PRESERVATION FUND 20,000 16,149 3,851 819 018 EDMONDS HOMELESSNESS RESPONSE FUND 123,581 123,581 - 1009 019 EDMONDS OPIOID RESPONSE FUND 28,445 - 28,445 - 1009 Q. 104 DRUG ENFORCEMENT FUND 45,800 25,966 - 45,800 d 09 w 111 STREET FUND 2,187,430 1,416,501 1,435,877 751,553 669 •5 5 112 COMBINED STREET CONST/IMPROVE 2,862,297 810,029 1,402,155 1,460,142 499 C 117 MUNICIPAL ARTS ACQUIS. FUND 236,880 16,544 29,940 206,940 139 jL 120 HOTEL/MOTEL TAX REVENUE FUND 87,150 35,424 36,349 50,801 420 121 EMPLOYEE PARKING PERMIT FUND 26,880 - - 26,880 09 O 122 YOUTH SCHOLARSHIP FUND 3,000 450 150 2,850 59 2 123 TOURISM PROMOTIONAL FUND/ARTS 29,900 3,509 - 29,900 09 125 REAL ESTATE EXCISE TAX 2 1,601,298 947,016 266,610 1,334,688 179 N 126 REAL ESTATE EXCISE TAX 1 2,053,911 1,081,446 572,777 1,481,134 289 127 GIFTSCATALOGFUND 100,900 51,828 33,470 67,430 330 Q 130 CEMETERY MAINTENANCE/IMPROVEMT 200,998 113,422 134,682 66,316 679 136 PARKS TRUST FUND 50,000 - - 50,000 04 Q 137 CEMETERY MAINTENANCE TRUST FUND 25,000 19,211 5,789 d 779 138 SISTER CITY COMMISSION 11,900 11 - 11,900 09 140 BUSINESS IMPROVEMENT DISTRICT 76,340 38,240 36,210 40,130 479 C 142 EDMONDS CARES FUND 5,946,550 664,090 - 5,946,550 09 jL 231 2012 LT GO DEBT SERVICE FUND 759,700 47,291 40,853 718,847 59 s 332 PARKS CAPITAL CONSTRUCTION FUND 5,552,490 783,774 258,374 5,294,116 r 54 C O 421 WATER UTILITY FUND 10,760,050 7,440,475 5,793,998 4,966,052 549 422 STORM UTILITY FUND 7,293,890 5,188,729 2,942,359 4,351,531 r 409 C14 423 SEWER/WWTP UTILITY FUND 40,492,284 7,430,696 17,545,344 22,946,940 439 C4 N 424 BOND RESERVE FUND 1,985,870 616,542 600,417 1,385,453 309 511 EQUIPMENT RENTAL FUND 1,429,954 695,011 893,735 536,219 639 Q 512 TECHNOLOGY RENTAL FUND 1,257,909 699,095 642,362 615,547 519 617 FIREMEN'S PENSION FUND 96,167 56,288 69,187 26,980 729 $ 132,008,554 $ 55,930,733 $ 60,976,293 $ 71,032,260 46° V 20 Packet Pg. 23 2.1.a Page 1 of 3 C TTY O F IDMO NDS REVENUES - GENERAL FUND 2021 Amended 8/31/2020 8/31/2021 Amount Title Budget Revenues Revenues Remaining %Received TAXES: 1 REAL PERSONAL / PROPERTY TAX 4 $ 10,936,400 $ 5,717,707 $ 5,855,878 $ 5,080,522 540/ 2 EMSPROPERTYTAX4 4,137,031 2,232,448 2,309,077 1,827,954 560/ 3 VOTED PROPERTY TAX 500 14 1 499 00/ 4 LOCAL RETAIL SALES(USE TAX 5 8,600,000 5,184,289 6,634,250 1,965,750 770/ 5 NATURAL GAS USE TAX 7,600 5,137 7,403 197 970r 6 1/10 SALES TAX LOCAL CRIM JUST 828,500 515,554 615,226 213,274 740/ 7 ELECTRIC UTILITY TAX 1,710,000 1,214,761 1,217,532 492,468 710r 8 GASUTILITYTAX 595,000 489,325 512,233 82,767 860/ 9 SOLID WASTE UTILITY TAX 364,000 240,389 243,489 120,511 670/ 10 WATERUTILITYTAX 1,153,000 682,597 603,747 549,253 520r 11 SEWER UTILITY TAX 894,600 494,739 597,745 296,855 670/ 12 ST ORMWAT ER UT ILIT Y T AX 471,900 352,109 382,472 89,428 810i 13 T.V. CABLE UTILITY TAX 722,000 535,949 530,494 191,506 730r 14 TELEPHONE UTILITY TAX 723,000 479,371 365,431 357,569 5101 15 PULLTABSTAX 55,200 37,754 58,459 (3,259) 1060r 16 AMUSEMENT GAMES 350 449 143 207 410/ 17 LEASEHOLD EXCISE TAX 295,900 226,105 220,550 75,350 750/ 31,494,981 18,408,699 20,154,131 11,340,850 640i LICENSES AND PERMITS: 18 FIRE PERMITS -SPECIAL USE 19 POLICE - FINGERPRINTING 20 VENDING MACHINE/CONCESSION 21 FRANCHISE AGREEMENT -COMCAST 22 FRANCHISE FEE-EDUCATION/GOVERNMENT 23 FRANCHISE AGREEMENT-ZIPLY FIBER 24 OLYMPIC VIEW WATER DISTRICT FRANCHISE 25 GENERAL BUSINESS LICENSE 26 DEV SERV PERMIT SURCHARGE 27 RIGHT OF WAY FRANCHISE FEE 28 BUILDING STRUCTURE PERMITS 29 ANIMAL LICENSES 30 STREET AND CURB PERMIT 31 OT R NON -BUS LIC/PERMIT S INTERGOVERNMENTAL: 32 DOCKSIDE DRILLS GRANT REIMBURSE 33 DOJ 15-0404-0-1-754 - BULLET PROOF VEST 34 TARGET ZERO TEAMS GRANT 35 HIGH VISIBILITY ENFORCEMENT 36 CORONAVIRUS RELIEF FUND 2 37 WA STATE TRAFFIC COMM GRANT 38 DOC FAC ROOFING 39 WA STATE ART COMMISSION 2021-003-CD 40 STATE GRANTS- BUDGET ONLY 41 PUD PRIVILEDGE TAX 42 2022-2023 BIENNIUM ONE-TIME ALLOCATION 43 ARCHIVES AND RECORDS MANAGEMENT 44 SCHOOL ZONE 45 CJ - POPULATION 46 TRIAL COURT IMPROVEMENT 47 CRIMINAL JUSTICE -SPECIAL PROGRAMS 48 MARIJUANA EXCISE TAX DISTRIBUTION 49 DUI - CITIES 50 FIRE INS PREMIUM TAX 51 LIQUOR EXCISE TAX 52 LIQUOR BOARD PROFITS 53 FIRST RESPONDERS FLEX FUND 54 DISCOVERY PROGRAMS TECHNOLOGY ACQ. 55 INTERLOCAL GRANTS 56 VERDANT INTERLOCAL GRANTS 250 315 500 (250) 2000/ 700 80 - 700 00/ 50,000 4,098 24,901 25,099 5001 702,700 511,351 500,753 201,947 710/ 41,000 26,881 25,408 15,592 620/ 100,600 56,323 47,179 53,421 470/ 434,000 255,690 271,246 162,754 620r 201,000 154,084 157,465 43,535 780/ 58,700 44,610 58,870 (170) 1000/ 30,000 - 21,529 8,471 720/ 650,600 498,837 486,394 164,206 750/ 22,000 8,856 9,149 12,851 420/ 50,000 74,522 37,191 12,809 740/ 20,000 11,629 13,783 6,217 690/ 2,361,550 1,647,275 1,654,369 707,181 700i - 559 - - 00/ 6,000 2,052 6,464 (464) 1080/ 4,000 - - 4,000 00/ 7,100 1,623 916 6,184 130/ - - 3,947 (3,947) 00/ - - 3,448 (3,448) 00/ - - 379,270 (379,270) 00/ - - 6,000 (6,000) 00/ 198,000 - - 198,000 00/ 210,500 - - 210,500 00/ - - 168,950 (168,950) 00/ - 8,599 - - 00/ - 825 - - 00/ 13,070 9,803 10,362 2,708 790/ 16,740 12,114 12,105 4,635 720r 45,600 35,117 36,923 8,677 810/ 60,000 32,974 35,791 24,209 600/ 4,500 4,448 5,143 (643) 1140/ - - 53,334 (53,334) 00/ 261,500 191,593 216,694 44,806 830r 343,200 169,254 167,820 175,380 490/ 2,000 3,085 335 1,665 170/ 550 - - 550 00/ - - 27,216 (27,216) 00/ - - 66,000 (66,000) 00/ 1,172,760 472,045 1,200,717 (27,957) 1020i 42021 Real Personal/Property Taxis$138,171 higher than 2020, and EMS Property Taxis$76,629 higher for total of $214,800. 5 2021 Local Retail Sales/Use Taxrevenues are $1,449,961 higher than 2020 revenues Please also see pages pages 18 & 19. Q 21 Packet Pg. 24 I 2.1.a I Page 2 of 3 C ITY O F IDMO NDS REVENUES - GENERAL FUND 2021 Amended 8/31/2020 Title Budget Revenues CHARGES FOR GOODS AND SERVICES: 1 RECORD/LEGAL INSTRUMENTS 2 ATM SURCHARGE FEES 3 CREDIT CARD FEES 4 COURT RECORD SERVICES 5 D/M COURT REC SER 6 DRE REIMBURSEABLE 7 WARRANT PREPARATION FEE 8 IT TIME PAY FEE 9 MUNIC.-DIST. COURT CURR EXPEN 10 SALE MAPS & BOOKS 11 CLERKS TIME FOR SALE OF PARKING PERMITS 12 BID SUPPLIES REIMBURSEMENT 13 PHOTOCOPIES 14 POLICE DISCLOSURE REQUESTS 15 ENGINEERING FEES AND CHARGES 16 ELECTION CANDIDATE FILINGFEES 17 CUSTODIAL SERVICES (SNO-ISLE) 18 PASSPORTS AND NATURALIZATION FEES 19 POLICE SERVICES SPECIAL EVENTS 20 CAMPUS SAFETY-EDM. SCH. DIST. 21 WOODWAY-LAW PROTECTION 22 MISCELLANEOUS POLICE SERVICES 23 FIRE DISTRICT #1 STATION BILLINGS 24 LEGAL SERVICES 25 ADULT PROBATION SERVICE CHARGE 26 BOOKING FEES 27 FIRE CONSTRUCTION INSPECTION FEES 28 EMERGENCY SERVICE FEES 29 EMS TRANSPORT USER FEE 30 FLEX FUEL PAYMENTS FROM STATIONS 31 ANIMAL CONTROL SHELTER 32 ZONING/SUBDIVISION FEE 33 PLAN CHECKING FEES 34 FIRE PLAN CHECK FEES 35 PLANNING 1% INSPECTION FEE 36 S.E.P.A. REVIEW 37 CRITICAL AREA STUDY 38 GYM AND WEIGHTROOM FEES 39 PROGRAM FEES 6 40 TAXABLE RECREATION ACTIVITIES 41 WINTERMARKET REGISTRATION FEES 42 UPTOWN EVENING MARKET FEES 43 BIRD FEST REGISTRATION FEES 44 INTERFUND REIMBURSEMENT -CONTRACT SVCS 8/31/2021 Amount Revenues Remaining %Received $ 3,000 $ 3,124 $ 4,101 $ (1,101) 1370/ 600 37 142 458 240/ 11,000 4,652 3,655 7,345 330/ 150 7 2 148 10/ 300 57 - 300 00/ - 235 168 (168) 00/ 4,000 2,358 98 3,902 20/ 1,000 516 401 599 400/ 50 54 144 (94) 2870/ .-. 100 9 - 100 00/ C 25,100 - - 25,100 00/ C. 600 - - 600 00/ lY 1,000 391 165 835 160/ 500 - - 500 00/ .v 200,000 180,281 159,739 40,261 800/ 1,400 - - 1,400 00/ C 85,000 56,085 50,502 34,498 590/ M 10,000 5,795 - 10,000 00/ >+ 30,000 - 6,940 23,060 230/ 76,800 36,753 2,505 74,295 30/ G 195,000 149,144 153,619 41,381 790/ 2 - 38 29 (29) 00/ 57,000 47,791 45,982 11,018 810/ o 1,050 758 309 741 290/ N 38,000 27,097 20,147 17,853 530/ uJ 3,000 1,896 624 2,376 210/ 10,000 16,349 22,018 (12,018) 2200/ C 3,500 2,578 1,787 1,713 5101 Q 1,007,500 784,324 662,287 345,213 660/ r 2,500 1,675 2,496 4 1000/ O 50 - - 50 00/ d 65,600 56,095 77,193 (11,593) 1180/ W 350,900 183,955 343,136 7,764 980rp 4,000 14,470 11,649 (7,649) 2910/ 'v 500 - 158 342 32°/ 3,000 2,220 3,935 (935) 1310/ 14,000 12,017 11,880 2,120 850/ LL 15,500 3,083 89 15,411 10/ s 900,662 79,586 428,767 471,895 480/ 1,300 - - 1,300 00/ 0 5,000 2,500 4,070 930 810 - - 2,140 (2,140) 00/ j 800 - 610 190 760/ N 2,892,106 1,942,999 2,228,419 663,687 770/ N 6,021,568 3,618,928 4,249,906 1,771,662 71F 7 6 2021 Parks& Recreation Program Revenues are $349,181 higher than 2020revenues. 22 Packet Pg. 25 1 2.1.a Page 3 of 3 C ITY O F EDMO NDS REVENUES - GENERAL FUND 2021 Amended 8/31/2020 8/31/2021 Amount Title Budget Revenues Revenues Remaining %Received FINES AND PENALTIES: 1 PROOF OF VEHICLE INS PENALTY 2 TRAFFIC INFRACTION PENALTIES 3 NC TRAFFIC INFRACTION 4 CRT COST FEE CODE LEG ASSESSMENT (LGA) 5 NON -TRAFFIC INFRACTION PENALTIES 6 OTHER INFRACTIONS'04 7 PARKING INFRACT ION PENALTIES 8 PARK/INDDISZONE 9 DWI PENALTIES 10 DUI - DP ACCT 11 CRIM CNV FEE DUI 12 DUI - DP FEE 13 CRIMINAL TRAFFIC MISDEMEANOR 8/03 14 CRIMINAL CONVICTION FEE CT 15 CRIM CONV FEE CT 16 OTHER NON-T RAF MISDEMEANOR PEN 17 OTHER NON TRAFFIC MISD. 8/03 18 COURT DV PENALTY ASSESSMENT 19 CRIMINAL CONVICTION FEE CN 20 CRIM CONV FEE CN 21 PUBLIC DEFENSE RECOUPMENT 22 BANK CHARGE FOR CONV. DEFENDANT 23 COURT COST RECOUPMENT 24 BUS. LICENSE PERMIT PENALTY 25 MISC FINES AND PENALTIES MISCELLANEOUS : 26 INVESTMENT INTEREST 27 INTEREST ON COUNTY TAXES 28 INTEREST - COURT COLLECTIONS 29 SPACE/FACILITIES RENTALS 30 BRACKET ROOM RENTAL 31 LEASES LONG TERM 32 DONATION/CONTRIBUTION 33 PARKSDONATIONS 34 BIRD FEST CONTRIBUTIONS 35 POLICE CONTRIBUTIONS FROM PRIV SOURCES 36 SALE OF JUNK/SALVAGE 37 SALES OF UNCLAIM PROPERTY 38 CONFISCATED AND FORFEITED PROPERTY 39 OTHER JUDGEMENT/SETTLEMENT 40 POLICE JUDGMENTS✓RESTITUTION 41 CASHIERS OVERAGES/SHORTAGES 42 OTHER MISC REVENUES 43 SMALL OVERPAYMENT 44 NSF FEES - PARKS & REC 45 NSF FEES - POLICE 46 NSF FEES - MUNICIPAL COURT 47 NSF FEES - DEVEL SERV DEPT 48 US BANK REBAT E TRANSFERS -IN: 49 OPERATING TRANSFER -IN 50 INTERFUND TRANSFER FROM FUND 018 51 TRANSFER FROM FUND 127 TO TAL GENERAL FUND REVENUE $ 2,000 $ 834 $ 2,036 $ (36) 1020/ 230,000 79,488 125,953 104,047 5501 18,000 9,078 6,405 11,595 360/ 10,000 6,978 9,192 808 920/ 1,000 510 6,803 (5,803) 6800/ 1,500 751 1,146 355 760/ 100,000 51,928 38,402 61,598 380/ 2,000 794 419 1,581 210/ 7,000 6,114 5,502 1,498 790/ 300 177 73 227 240/ 100 34 61 39 610/ 1,500 1,786 1,219 281 810/ 25,000 16,462 10,463 14,537 420/ 2,000 1,703 1,342 658 670/ 700 396 79 621 110/ 100 37 12 88 120/ 10,000 5,726 927 9,073 90/ 800 625 268 532 330/ 1,000 552 174 826 170/ 200 82 64 136 320/ 8,000 5,419 3,698 4,302 460/ 14,000 6,079 5,588 8,412 400/ 3,000 2,008 1,216 1,784 410/ 10,100 - - 10,100 00/ 150 - 187 (37) 1250/ 448,450 197,561 221,230 227,220 490, 155,090 244,749 233,518 (78,428) 15101 9,980 10,672 5,184 4,796 520/ 3,400 5,364 5,303 (1,903) 1560/ 153,000 17,265 70,620 82,381 460/ 2,100 380 - 2,100 00/ 205,000 106,584 127,543 77,457 620/ 2,500 910 - 2,500 00/ 3,500 920 750 2,750 210/ 2,000 635 2,010 (10) 1010/ 5,000 100 3,503 1,497 700/ 300 - 118 182 390/ 3,000 3,208 6,541 (3,541) 2180/ 2,000 - - 2,000 00/ 2,000 1,344 102 1,898 501 200 228 560 (360) 2800/ - 16 21 (21) 00/ 5,000 8,292 4,922 78 980/ 100 25 72 28 720/ 100 30 60 40 600/ - - 30 (30) 00/ 150 142 - 150 00/ - 30 - - 00/ 8,500 5,754 7,079 1,421 830/ 562,920 406,648 467,937 94,983 830, 238,667 - 28,445 210,222 120/ 123,581 - 123,581 - 1000/ 26,300 17,900 13,150 13,150 500/ 388,548 17,900 165,176 223,372 430/ $ 42,450,777 S 24,769,057 S 28,113,466 $ 14,337,311 660/ Q 23 Packet Pg. 26 I 2.1.a I Page 1 of 6 C ITY O F EDMO NDS EXPENDITURES BY FUND - DETAIL 2021 Amended 8/31/2020 8/31/2021 Amount Title Budget Expenditures Expenditures Remaining %Spent GENERAL FUND EXPENDITURES (001) 1 SALARIES AND WAGES $ 17,545,152 $ 10,994,522 $ 11,266,255 $ 6,278,897 64' 2 OVERTIME 491,580 365,897 420,146 71,434 85` 3 HOLIDAY BUY BACK 281,329 2,031 6,805 274,524 2' 4 BENEFITS 6,780,322 4,195,796 4,185,621 2,594,701 62' 5 UNIFORMS 89,151 65,389 47,288 41,863 53` 6 SUPPLIES 401,115 296,544 294,325 106,790 73' 7 FUEL CONSUMED - - 175 (175) 0' 8 SMALL EQUIPMENT 108,603 125,881 141,712 (33,109) 130` 9 PROFESSIONAL SERVICES 15,037,824 8,282,214 8,527,766 6,510,058 57' 10 COMMUNICATIONS 160,995 93,362 122,007 38,988 76' 11 TRAVEL 68,760 7,912 20,851 47,909 30' 12 EXCISE TAXES 6,500 9,282 15,475 (8,975) 238' 13 RENTAL/LEASE 1,574,465 1,207,921 1,011,950 562,515 64' 14 INSURANCE 403,973 393,746 405,121 (1,148) 100' 15 UTILITIES 536,762 309,552 344,414 192,348 64' 16 REPAIRS& MAINTENANCE 917,742 396,086 394,961 522,781 43' 17 MISCELLANEOUS 507,715 253,713 298,586 209,129 59' 18 INTERGOVERNMENTAL PAYMENTS 50,000 75,000 50,000 - 100` 19 INTERFUND SUBSIDIES 932,880 449,033 234,945 697,935 25' 20 MACHINERY/EQUIPMENT 23,120 9,053 - 23,120 0' 21 GENERAL OBLIGATION BOND PRINCIPAL 54,530 - 54,530 0` 22 OTHER INTEREST & DEBT SERVICE COSTS 500 - - 500 0' 23 INTEREST ON LONG-TERM EXTERNAL DEBT 5,700 69,285 60,087 (54,387) 1054' 45,978,718 27,602,216 27,848,489 18,130,229 61 LEOFF-MEDICAL INS. RESERVE (009) 24 BENEFITS $ 206,650 $ 103,451 $ 106,145 $ 100,505 51' 25 PENSION AND DISABILITY PAYMENTS 252,990 56,899 82,425 170,565 33` 26 PROFESSIONAL SERVICES 7,000 5,793 17,000 (10,000) 243' 27 MISCELLANEOUS 500 - - 500 0` 467,140 166,143 205,570 261,570 44' HISTORIC PRESERVATION GIFTFUND (014) 28 SUPPLIES $ 100 $ - $ - $ 100 0' 29 PROFESSIONAL SERVICES 200 - 200 0` 30 MISCELLANEOUS 5,600 - 5,600 0' 5,900 - 5,900 0' BUILDING MAINTENANCE FUND (016) 31 INTERFUND SUBSIDIES $ 210,222 $ - $ $ 210,222 0' MARSH RESTORATION & PRESERVATION FUND (017) 32 PROFESSIONAL SERVICES $ 20,000 $ - $ 16,149 $ 3,851 81 20,000 - 16,149 3,851 81, EDMONDS HOMELESSNESS RESPONSEFUND (018) 33 INTERFUND SUBSIDIES $ 123,581 $ - $ 123,581 $ - 100` 123,581 - 123,581 100, EDMONDS OPIOID RESPONSE FUND (019) 34 INTERFUND SUBSIDIES $ 28,445 $ - $ 28,445 $ 100' 28,445 - 28,445 100, DRUG INFO RCEM NTFUND (104) 35 PROFESSIONAL SERVICES $ 45,000 $ - $ - $ 45,000 0' 36 REPAIR/MAINT 800 - 800 0' 37 MISCELLANEOUS - 25,966 - 0' 45,800 25,966 45,800 0' O CL d <0 C C IL s C O N O N N 3 3 Q 24 Packet Pg. 27 I 2.1.a I Page 2 of 6 C ITY O F EDMO NDS EXPENDITURES BY FUND - DETAIL 2021 Amended 8/31/2020 8/31/2021 Amount Title Budget Expenditures Expenditures Remaining %Spent STREETFUND (111) 1 SALARIES AND WAGES $ 728,690 $ 427,111 $ 494,200 $ 234,490 68' 2 OVERTIME 18,400 28,725 30,524 (12,124) 166' 3 BENEFITS 381,336 211,481 240,667 140,669 63' 4 UNIFORMS 6,000 3,781 5,432 568 91, 5 SUPPLIES 263,000 124,825 111,732 151,268 42' 6 SMALL EQUIPMENT 20,000 684 3,565 16,435 18' 7 PROFESSIONAL SERVICES 23,210 2,172 8,658 14,552 37' 8 COMMUNICATIONS 4,500 4,974 4,120 380 92' 9 TRAVEL 1,000 - - 1,000 0' 10 RENTAL/LEASE 247,270 154,743 165,991 81,279 67' 11 INSURANCE 148,436 156,937 148,533 (97) 100' 12 UTILITIES 280,918 172,945 162,183 118,735 58' 13 REPAIRS& MAINTENANCE 52,000 49,147 48,497 3,503 93' 14 MISCELLANEOUS 8,000 3,063 11,556 (3,556) 144' 15 MACHINERY/EQUIPMENT - 75,658 - - 0' 16 GENERAL OBLIGATION BOND PRINCIPAL 4,220 - - 4,220 0' 17INTEREST 450 255 220 230 49' COMBINED STREETCONST/IMPROVE(112) 18 SALARIES AND WAGES 19 BENEFIT S 20 PROFESSIONAL SERVICES 21 REPAIR & MAINTENANCE 22 MISCELLANEOUS 23 INTERFUND SUBSIDIES 24 LAND 25 CONSTRUCTION PROJECTS 26 INTERGOVERNMENTAL LOANS 27 INTEREST MUNIC IPAL ARTS AC Q UIS. FUND (117) 28 SUPPLIES 29 SMALL EQUIPMENT 30 PROFESSIONAL SERVICES 31 TRAVEL 32 RENTAL/LEASE 33 REPAIRS& MAINTENANCE 34 MISCELLANEOUS HO TEL/MO TEL TAX REVENUE FUND (120) 35 PROFESSIONAL SERVICES 36 MISCELLANEOUS 37 INTERFUND SUBSIDIES EMPLO YEE PARIONG PERMIT FUND (121) 38 SUPPLIES 39 PROFESSIONAL SERVICES YOUTH SCHOLARSHIP FUND (122) 40 MISCELLANEOUS TO URIS M PRO MO TIO NAL FUND/ARTS (123) 41 PROFESSIONAL SERVICES $ 2,187,430 $ 1,416,501 $ 1,435,877 $ 751,553 66' 7,472 0 - 4,163 - - 0' 1,581,847 129,779 689,803 892,044 44' 103,670 259,000 14,236 89,434 14' 8 0( 114,950 40,121 39,925 75,025 35' 33,000 - (842) 33,842 -3' 955,000 295,332 585,241 369,759 61' 72,220 72,201 72,201 19 100' 1,610 1,952 1,591 19 99, $ 2,862,297 $ 810,029 $ 1,402,155 $ 1,460,142 49' $ 4,700 $ 102 $ 265 $ 4,435 6) 1,700 116 - 1,700 0' 221,500 14,864 27,147 194,353 12' 80 - - 80 0' 2,000 - 2,000 0' 300 - - 300 0' 6,600 1,461 2,529 4,071 38' $ 236,880 $ 16,544 $ 29,940 $ 206,940 13' $ 83,150 $ 32,924 $ 34,349 $ 48,801 4P - 500 - - 0' 4,000 2,000 2,000 2,000 50' $ 87,150 $ 35,424 $ 36,349 $ 50,801 42' $ 1,790 $ - $ $ 1,790 0' 25,090 25,090 0' $ 26,880 $ $ $ 26,880 0' $ 3,000 $ 450 $ 150 $ 2,850 5' $ 3,000 $ 450 $ 150 $ 2,850 5' $ 29,900 $ 3,509 $ $ 29,900 0' $ 29,900 $ 3,509 $ $ 29,900 0' O C. d w c O C IL 21 t C O 2 N 0 N r� to C C Q 25 Packet Pg. 28 I 2.1.a I Page 3 of 6 C ITY O F EDMO NDS EXPENDITURES BY FUND - DETAIL 2021 Amended 8/31/2020 8/31/2021 Amount Title Budget Expenditures Expenditures Remaining %Spent REAL ESTATE EXCISE TAX (125) 1 SUPPLIES $ 121,000 $ 14,374 $ 46,617 $ 74,383 39' 2 PROFESSIONAL SERVICES 195,626 200,755 104,998 90,628 54' 3 REPAIRS& MAINTENANCE 105,000 284,700 72,284 32,716 69' 4 INTERFUND SUBSIDIES 190 - - 190 0' 5 CONSTRUCTION PROJECTS 1,179,482 447,188 42,709 1,136,773 4' $ 1,601,298 $ 947,016 $ 266,610 $ 1,334,688 IT REAL ESTATE EXCISE TAXI (126) 6 PROFESSIONAL SERVICES 7 REPAIRS& MAINTENANCE 8 INTERFUND SUBSIDIES 9 CONSTRUCTION PROJECTS 10 GENERAL OBLIGATION BONDS 11 INTEREST GIFTS CATALOG FUND (127) 12 SUPPLIES 13 PROFESSIONAL SERVICES 14 REPAIRS& MAINTENANCE 15 MISCELLANEOUS 16 INTERFUND SUBSIDIES CEMETERY MAINTENANC F/IMPRO VEIMIENT (130) 17 SALARIES AND WAGES 18 OVERTIME 19 BENEFIT S 20 UNIFORMS 21 SUPPLIES 22 SUPPLIES PURCHASED FOR INVENTORY/RESALE 23 SMALL EQUIPMENT 24 PROFESSIONAL SERVICES 25 COMMUNICATIONS 26 TRAVEL 27 RENTAL/LEASE 28 UTILITIES 29 REPAIRS& MAINTENANCE 30 MISCELLANEOUS PARKS TRUSTFUND (136) 31 PROFESSIONAL SERVICES C EIVMTERY MAINTENANCE TRUST FUND (137) 32 SMALL EQUIPMENT 33 MACHINERY/EQUIPMENT SISTER CITY COMMISSION (138) 34 SUPPLIES 35 TRAVEL 36 MISCELLANEOUS BUSINESS EVIPROVEMENTDISTRICT FUND (140) 37 SUPPLIES 38 PROFESSIONAL SERVICES 39 MISCELLANEOUS EDMONDS CARES FUN (142) 40 PROFESSIONAL SERVICES 2012 LTGO DEBT SERVIC FUND (231) 41 GENERAL OBLIGATION BOND 42 INTEREST $ 573,234 $ 533,324 $ 263,590 $ 309,644 46' 97,050 211,729 51,435 45,615 53' 138,910 12,963 11,863 127,048 9) 983,137 321,946 244,609 738,528 25' 144,530 - - 144,530 0' 117,050 1,484 1,282 115,768 1' $ 2,053,911 $ 1,081,446 $ 572,777 $ 1,481,134 28' $ 67,500 $ 25,978 $ 20,320 $ 47,180 30' 6,500 600 - 6,500 0' - 7,183 - 0' 600 168 - 600 0' 26,300 17,900 13,150 13,150 50' $ 100,900 $ 51,828 $ 33,470 $ 67,430 33' $ 95,824 $ 59,912 $ 67,017 $ 28,807 70' 3,500 558 302 3,198 9' 40,472 26,047 26,645 13,827 66' 1,000 - - 1,000 0' 7,000 2,380 1,417 5,583 20' 20,000 11,620 20,335 (335) 102' - 1,184 - - 0' 4,200 150 800 3,400 19' 1,700 1,121 1,122 578 66' 500 - - 500 0' 16,650 5,487 11,100 5,550 67' 5,652 2,640 3,227 2,425 57' 500 - - 500 0' 4,000 2,325 2,717 1,283 68' $ 200,998 $ 113,422 $ 134,682 $ 66,316 67' $ 50,000 $ - $ $ 50,000 0' $ 50,000 $ - $ $ 50,000 0' $ 25,000 $ - $ $ 25,000 0' - - 19,211 (19,211) 0' $ 25,000 $ - $ 19,211 $ 5,789 77' $ 1,500 $ 11 $ $ 1,500 0' 4,500 - 4,500 0' 5,900 - 5,900 0' $ 11,900 $ 11 $ $ 11,900 0' $ 2,050 $ 9,451 $ 397 $ 1,653 19' 70,035 28,364 34,575 35,460 49' 4,255 425 1,238 3,017 29' 76,340 38,240 36,210 40,130 4T $ 5,946,550 $ 664,090 $ $ 5,946,550 0' 5,946,550 664,090 5,946,550 0' $ 677,990 $ - $ - $ 677,990 0' 81,710 47,291 40,853 40,857 50' $ 759,700 $ 47,291 $ 40,853 $ 718,847 5' O IZ d <0 C C IL A s C O 2 N O N N 3 O Q O CL d <0 C O C iL z r C O r N O N N 7 tM 7 Q C d E s c� t0 r� Q 26 Packet Pg. 29 I 2.1.a I Page 4 of 6 C ITY O F IDMO NDS EXPENDITURES BY FUND - DETAIL 2021 Amended 8/31/2020 8/31/2021 Amount Title Budget Expenditures Expenditures Remaining %Spent PARKS CONSTRUCTION FUND (332) 1 PROFESSIONAL SERVICES $ 113,453 $ 265,047 $ 146,409 $ (32,956) 129' 2 INTERFUND SUBSIDIES 44,000 - - 44,000 0' 3 CONSTRUCTION PROJECTS 5,395,037 518,728 111,965 5,283,072 2' $ 5,552,490 $ 783,774 $ 258,374 $ 5,294,116 5' WATER FUND (421) 4 SALARIES AND WAGES 5 OVERTIME 6 BENEFIT S 7 UNIFORMS 8 SUPPLIES 9 WATER PURCHASED FOR RESALE 10 SUPPLIES PURCHASED FOR INVENTORY/RESALE 11 SMALL EQUIPMENT 12 PROFESSIONAL SERVICES 13 COMMUNICATIONS 14 TRAVEL 15 EXCISE TAXES 16 RENTAL/LEASE 17INSURANCE 18 UTILITIES 19 REPAIRS& MAINTENANCE 20 MISCELLANEOUS 21 INTERFUND SUBSIDIES 22 CONSTRUCTION PROJECTS 23 GENERAL OBLIGATION BONDS 24 REVENUE BONDS 25 INTERGOVERNMENTAL LOANS 26 INTEREST $ 793,475 $ 581,603 $ 439,956 $ 353,519 55' 24,000 12,243 14,692 9,308 61' 328,865 217,629 188,156 140,709 57' 4,000 3,374 3,222 778 81, 150,000 71,418 76,721 73,279 5 P 2,170,000 1,218,277 1,099,159 1,070,841 5 L 170,000 128,784 147,277 22,723 87' 11,000 5,197 3,917 7,083 36' 1,558,701 855,293 1,385,994 172,707 89, 30,000 18,301 18,393 11,607 61' 200 - - 200 0' 1,649,700 973,069 917,280 732,420 56' 124,630 86,850 84,556 40,074 68' 97,844 52,541 98,196 (352) 100, 35,775 18,638 19,267 16,508 54' 258,130 19,881 19,503 238,627 8' 123,600 90,638 115,592 8,008 94' 644,130 204,067 198,136 445,994 31' 1,976,050 2,750,926 839,806 1,136,244 42' 2,840 - - 2,840 0' 385,100 - - 385,100 0' 25,840 25,839 25,839 1 100, 196,170 105,907 98,336 97,834 50' $ 10,760,050 $ 7,440,475 $ 5,793,998 $ 4,966,052 54' STORM FUND (422) 27 SALARIES AND WAGES $ 723,700 $ 407,748 $ 457,786 $ 265,914 63' 28 OVERTIME 6,000 10,247 16,962 (10,962) 283' 29 BENEFITS 318,735 189,765 197,433 121,302 62' 30 UNIFORMS 6,500 5,501 5,049 1,451 78' 31 SUPPLIES 46,000 16,396 25,648 20,352 56' 32 SMALL EQUIPMENT 4,000 1,629 304 3,696 8' 33 PROFESSIONAL SERVICES 2,728,016 1,248,876 1,072,127 1,655,889 39' 34 COMMUNICATIONS 3,200 3,763 3,653 (453) 114' 35 TRAVEL 4,300 - 150 4,150 3' 36 EXCISE TAXES 470,100 401,501 437,084 33,016 93' 37 RENTAL/LEASE 267,778 181,086 175,932 91,846 66' 38INSURANCE 66,216 116,576 66,228 (12) 100' 39 UTILITES 11,025 7,679 8,755 2,270 79' 40 REPAIR&MAINTENANCE 64,130 15,103 20,601 43,529 32' 41 MISCELLANEOUS 255,300 104,953 165,456 89,844 65' 42 INTERFUND SUBSIDIES 281,810 78,897 76,327 205,483 27' 43 CONSTRUCTION PROJECTS 1,581,000 2,284,663 100,618 1,480,382 6' 44 GENERAL OBLIGATION BONDS 103,340 - - 103,340 0' 45 REVENUE BONDS 188,240 - - 188,240 0' 46 INTERGOVERNMENTAL LOANS 53,590 53,576 53,576 14 100' 47 INTEREST 110,910 60,769 58,672 52,238 53' $ 7,293,890 $ 5,188,729 $ 2,942,359 $ 4,351,531 40' Q 27 Packet Pg. 30 I 2.1.a I Page 5 of 6 C ITY O F EDMO NDS EXPENDITURES BY FUND - DETAIL 2021 Amended 8/31/2020 8/31/2021 Amount Title Budget Expenditures Expenditures Remaining %Spent SEWER FUND (423) 1 SALARIES AND WAGES $ 2,027,508 $ 1,268,715 $ 1,160,936 $ 866,572 57' 2 OVERTIME 95,000 66,048 82,692 12,308 87' 3 BENEFITS 871,564 545,526 509,155 362,409 58' 4 UNIFORMS 8,500 7,468 8,296 204 98' 5 SUPPLIES 404,000 243,955 246,612 157,388 61' 6 FUEL CONSUMED 30,000 13,143 55,215 (25,215) 184' 7 SUPPLIES PURCHASED FOR INV OR RESALE 4,000 - - 4,000 0' 8 SMALL EQUIPMENT 35,000 35,058 134,627 (99,627) 385' 9 PROFESSIONAL SERVICES 2,141,848 1,724,359 2,866,132 (724,284) 134' 10 COMMUNICATIONS 43,000 25,904 27,601 15,399 64' 11 TRAVEL 5,000 - 2,330 2,670 47` 12 EXCISE TAXES 968,000 620,905 730,989 237,011 76' 13 RENTAL/LEASE 329,898 218,334 301,546 28,352 91, 14INSURANCE 160,967 174,140 162,851 (1,884) 101, 15 UTILITIES 1,979,985 575,631 908,005 1,071,980 461 16 REPAIR & MAINTENANCE 520,630 140,274 315,476 205,154 61' 17 MISCELLANEOUS 129,350 56,873 84,966 44,384 66' 18 INTERFUND SUBSIDIES 10,180,936 76,610 3,804,155 6,376,781 37' 19 MACHINERY/EQUIPMENT - 555,867 - - 0` 20 CONSTRUCTION PROJECTS 19,756,808 887,741 5,782,057 13,974,751 29' 21 GENERAL OBLIGATION BONDS 157,060 - - 157,060 0' 22 REVENUE BONDS 86,670 - - 86,670 0' 23 INTERGOVERNMENTAL LOANS 173,900 158,325 158,667 15,233 91 24 INTEREST 382,660 33,421 199,266 183,394 52 25 DEBT ISSUE COSTS - - 1,518 (1,518) 0' 26 OTHER INTEREST & DEBT SERVICE COSTS 2 399 2 252 (2 252) 0' $ 40,492,284 $ 7,430,696 $ 17,545,344 $ 22,946,940 43' BOND RESERVE FUND (424) 27 REVENUE BONDS $ 785,020 $ - $ - $ 785,020 0' 28 INTEREST 1,200,850 616,542 600,417 600,433 50' $ 1,985,870 $ 616,542 $ 600,417 $ 1,385,453 30' Q 28 Packet Pg. 31 I 2.1.a I Page 6 of 6 CITY OF EDMO NDS EXPENDITURES BY FUND - DETAIL 2021 Amended 8/31/2020 8/31/2021 Amount Title Budget Expenditures Expenditures Remaining %Spent EQ UIPMENT RENTAL FUND (511) 1 SALARIES AND WAGES $ 272,384 $ 181,180 $ 182,345 $ 90,039 67' 2 OVERTIME 2,000 824 2,267 (267) 113' 3 BENEFITS 116,481 75,344 75,520 40,961 65' 4 UNIFORMS 1,000 859 1,097 (97) 110' 5 SUPPLIES 120,000 50,844 47,603 72,397 40' 6 FUEL CONSUMED 1,000 - - 1,000 0' 7 SUPPLIES PURCHASED FOR INVENTORY/RESALE 258,000 86,399 117,078 140,922 45' 8 SMALL EQUIPMENT 58,000 1,054 5,979 52,021 10' 9 PROFESSIONAL SERVICES 46,750 3,611 887 45,863 2' 10 COMMUNICATIONS 3,000 1,492 1,457 1,543 49' 11 TRAVEL 1,000 - - 1,000 0' 12 RENTAL/LEASE 12,790 8,218 8,209 4,581 64' 13 INSURANCE 40,910 40,270 39,334 1,576 96' 14 UTILITIES 14,500 10,004 10,697 3,803 74' 15 REPAIRS& MAINTENANCE 60,000 32,314 25,729 34,272 43' 16 MISCELLANEOUS 12,000 7,848 9,418 2,582 78' 17 MACHINERY/EQUIPMENT 410,139 194,749 366,114 44,025 89, $ 1,429,954 $ 695,011 $ 893,735 $ 536,219 63' TECHNOLOGY RENTAL FUND (512) 18 SALARIES AND WAGES $ 379,162 $ 190,097 $ 203,191 $ 175,971 54' 19 OVERTIME 2,000 - 2,054 (54) 103' 20 BENEFITS 127,657 64,108 70,689 56,968 55' 21 SUPPLIES 5,000 6,787 3,826 1,174 77' 22 SMALL EQUIPMENT 141,300 59,742 23,871 117,429 17' 23 PROFESSIONAL SERVICES 171,460 67,936 30,743 140,717 18' 24 COMMUNICATIONS 58,770 43,731 48,040 10,730 82' 25 TRAVEL 1,500 207 - 1,500 0' 26 RENTAL/LEASE 7,400 5,774 5,714 1,686 77' 27 REPAIRS& MAINTENANCE 302,660 249,316 252,893 49,767 84' 28 MISCELLANEOUS 5,000 11,398 1,339 3,661 27' 29 MACHINERY/EQUIPMENT 56,000 - - 56,000 0' $ 1,257,909 $ 699,095 $ 642,362 $ 615,547 51' FIREMEN'S PENSION FUND (617) 31 BENEFITS $ 24,560 $ 14,048 $ 15,625 $ 8,935 64' 32 PENSION AND DISABILITY PAYMENTS 70,407 41,233 42,062 28,345 60' 33 PROFESSIONAL SERVICES 1,200 1,007 11,500 (10,300) 958' $ 96,167 $ 56,288 $ 69,187 $ 26,980 72' TOTAL EXPENDITURE ALL FUNDS $ 132,008,554 $ 55,930,733 $ 60,976,293 $ 71,032,260 46' Q 29 Packet Pg. 32 2.1.a Page 1 of 1 C ITY O F IDMO NDS EXPENDITURES - GENERAL FUND - BY DEPARTMENT IN SUMMARY 2021 Amended 8/31/2020 8/31/2021 Amount Title Budget Expenditures Expenditures Remaining %Spent CITY COUNCIL OFFICE OF MAYOR HUMAN RESOURCES MUNICIPAL COURT CITY CLERK FINANCE CITY ATTORNEY NON -DEPARTMENTAL POLICE SERVICES COMMUNITY SERVICESIECONOMIC DEV DEVELOPMENT SERVICES HUMAN SERVICES PROGRAM PARKS & RECREATION PUBLIC WORKS ADMINISTRATION FACILITIES MAINTENANCE $ 432,478 $ 212,640 $ 219,652 $ 212,826 51% 345,501 222,950 221,858 123,643 64% 837,176 423,682 462,324 374,852 55% 1,166,183 681,851 749,313 416,870 64% 757,055 499,805 408,783 348,272 54% O 1,118,378 964,589 875,083 243,295 78% lY 936,480 574,161 562,309 374,171 60% 12,881,593 8,074,263 8,115,624 4,765,969 63% ca 12,217,071 7,666,496 7,550,794 4,666,277 62% LL 624,198 360,249 366,310 257,888 59% >% t 3,585,738 1,851,746 1,960,572 1,625,166 55% C O 599,402 - 41,698 557,704 7% 2 4,729,281 2,368,204 2,760,446 1,968,835 58% o N 3,305,285 2,108,905 2,108,217 1,197,068 64% y 3 2,442,899 1,592,675 1,445,505 997,394 59% $ 45,978,718 $ 27,602,216 $ 27,848,489 $ 18,130,229 61% Q CITY OF IDMONDS EXPENDITURES - UTILITY- BY FUND IN SUMMARY title 2021 Amended Budget 8/31/2020 Expenditures 8/31/2021 Expenditures Amount Remaining %Spent WATER UTILITY FUND $ 10,760,050 $ 7,440,475 $ 5,793,998 $ 4,966,052 54% STORM UTILITY FUND 7,293,890 5,188,729 2,942,359 4,351,531 40% SEWER/WWTP UTILITY FUND 40,492,284 7,430,696 17,545,344 22,946,940 43% BOND RESERVE FUND 11985,870 616,542 600,417 1,385,453 30% $ 60,532,094 $ 20,676,442 $ 26,882,117 $ 33,649,977 44% 30 Packet Pg. 33 I 2.1.a I Page 1 of 2 C ITY OF EDMO NDS EXPENDITURES - GENERAL FUND - BY DEPARTMENT IN DETAIL Title 2021 Amended Budget 8/31/2020 Expenditures 8/31/2021 Expenditures Amount Remaining %Spent CITY COUNCIL SALARIES AND WAGES $ 200,052 $ 126,538 $ 133,619 $ 66,433 67% BENEFITS 118,713 65,655 69,358 49,355 58% SUPPLIES 2,000 1,681 1,728 272 86% SERVICES 111,713 18,767 14,948 96,765 13% $ 432,478 $ 212,640 $ 219,652 $ 212,826 51% O FFIC E O F MAYO R SALARIES AND WAGES $ 229,512 $ 149,285 $ 153,300 $ 76,212 67% BENEFITS 85,243 56,626 55,319 29,924 65% SUPPLIES 1,500 4,903 358 1,142 24% SERVICES 29,246 12,136 12,881 16,365 44% $ 345,501 $ 222,950 $ 221,858 $ 123,643 64% HUMAN RFS O URC ES SALARIES AND WAGES $ 387,048 $ 241,605 $ 249,602 $ 137,446 64% BENEFITS 154,430 95,840 94,712 59,718 61% SUPPLIES 13,600 4,383 1,352 12,248 10% SERVICES 282,098 81,855 116,658 165,440 41% $ 837,176 $ 423,682 $ 462,324 $ 374,852 55% MUNICIPAL C O URT SALARIES AND WAGES $ 651,967 $ 416,903 $ 448,716 $ 203,251 69% BENEFITS 243,859 155,899 148,412 95,447 61% SUPPLIES 11,600 10,271 4,300 7,300 37% SERVICES 235,637 98,779 147,886 87,751 63% MACHINERY/EQUIPMENT 23,120 23,120 0% $ 1,166,183 $ 681,851 $ 749,313 $ 416,870 64% CITY CLERK SALARIES AND WAGES $ 397,226 $ 271,356 $ 183,916 $ 213,310 46% BENEFITS 169,669 109,475 74,139 95,530 44% SUPPLIES 7,000 4,006 2,947 4,053 42% SERVICES 183,160 114,969 147,781 35,379 81% $ 757,055 $ 499,805 $ 408,783 $ 348,272 54% FINANCE SALARIES AND WAGES $ 748,408 $ 691,421 $ 588,934 $ 159,474 79% BENEFITS 240,564 183,657 189,968 50,596 79% SUPPLIES 10,000 3,035 3,201 6,799 32% SERVICES 119,406 86,475 92,979 26,427 78% $ 1,118,378 $ 964,589 $ 875,083 $ 243,295 78% C ITY ATIO RNEY SERVICES $ 936,480 $ 574,161 $ 562,309 $ 374,171 60% $ 936,480 $ 574,161 $ 562,309 $ 374,171 60% NON -DEPARTMENTAL SALARIES AND WAGES $ 101,750 $ - $ - $ 101,750 0% BENEFITS 50,000 335 26,878 23,122 54% SUPPLIES 5,000 3,835 919 4,081 18% SERVICES 11,681,233 7,476,775 7,742,795 3,938,438 66% INTERFUND SUBSIDIES 982,880 524,033 284,945 697,935 29% DEBT SERVICE - PRINCIPAL 54,530 - - 54,530 0% DEBT SERVICE - INTEREST 6,200 69,285 60,087 (53,887) 969% $ 12,881,593 $ 8,074,263 $ 8,115,624 $ 4,765,969 63% PO LIC E SERVIC ES SALARIES AND WAGES $ 8,149,422 $ 4,931,274 $ 5,052,690 $ 3,096,732 62% BENEFITS 2,979,421 1,854,782 1,781,110 1,198,311 60% SUPPLIES 169,453 156,811 137,236 32,217 81% SERVICES 918,775 723,630 579,759 339,016 63% $ 12,217,071 $ 7,666,496 $ 7,550,794 $ 4,666,277 62% COMMUNITY SERVICES/ECON DEV. SALARIES AND WAGES $ 312,977 $ 211,651 $ 197,895 $ 115,082 63% BENEFITS 91,455 61,332 60,027 31,428 66% SUPPLIES 3,075 10,147 1,299 1,776 42% SERVICES 216,691 77,119 107,088 109,603 49% $ 624,198 $ 360,249 $ 366,310 $ 257,888 59% O C- a) 2 U C O C LL t C O N O N N 3 3 Q 31 Packet Pg. 34 1 Page 2 of 2 C ITY O F IDMO NDS EXPENDITURES - GENERAL FUND - BY DEPARTMENT IN DETAIL 2021 Amended 8/31/2020 8/31/2021 Amount Title Budget Expenditures Expenditures Remaining %Spent DEVELOPMENT SERVICES/PLANNING SALARIES AND WAGES $ 1,847,848 $ 1,153,635 $ 1,215,896 $ 631,952 66% BENEFITS 685,121 415,299 421,854 263,267 62% SUPPLIES 19,400 7,109 5,516 13,884 28% SERVICES 1,033,369 275,703 317,307 716,062 31% MACHINERY/EQUIPMENT 0% $ 3,585,738 $ 1,851,746 $ 1,960,572 $ 1,625,166 55% HUMAN SERVICES PROGRAM SALARIES AND WAGES $ 79,510 $ $ 29,087 $ 50,423 37% BENEFITS 18,392 - 6,451 11,941 35% SUPPLIES 1,500 - 5,757 (4,257) 384% SERVICES 500,000 - 402 499,598 0% 599,402 - 41,698 557,704 7% PARKS & REC REATIO N SALARIES AND WAGES $ 2,329,689 $ 1,287,337 $ 1,539,016 $ 790,673 66% BENEFITS 828,746 487,844 546,606 282,140 66% SUPPLIES 138,790 113,996 126,811 11,979 91% SERVICES 1,432,056 469,974 548,012 884,044 38% MACHINERY/EQUIPMENT - 9,053 - - 0% $ 4,729,281 $ 2,368,204 $ 2,760,446 $ 1,968,835 58% PUBLIC WORKS ADMINIS TRATIO N SALARIES AND WAGES $ 300,162 $ 199,074 $ 201,109 $ 99,053 67% BENEFITS 106,903 70,330 70,018 36,885 65% SUPPLIES 9,600 3,428 7,545 2,055 79% SERVICES 95,588 67,578 59,111 36,477 62% $ 512,253 $ 340,410 $ 337,783 $ 174,470 66% FACILITIES MAINTENANCE SALARIES AND WAGES 791,470 520,335 529,323 262,147 67% BENEFITS 360,720 235,984 225,002 135,718 62% SUPPLIES 115,000 97,952 136,447 (21,447) 119% SERVICES 1,175,709 738,403 554,733 620,976 47% $ 2,442,899 $ 1,592,675 $ 1,445,505 $ 997,394 59% ENGINEERING SALARIES AND WAGES $ 1,791,020 $ 1,162,036 $ 1,170,104 $ 620,916 65% BENEFITS 736,237 468,129 463,052 273,185 63% SUPPLIES 2,200 868 795 1,405 36% SERVICES 263,575 137,463 136,484 127,091 52% $ 2,793,032 $ 1,768,495 $ 1,770,434 $ 1,022,598 63% TOTAL GENERAL FUND EXPENDITURES $ 45,978,718 $ 27,602,216 $ 27,848,489 $ 18,130,229 61% O Q d C C IL 21 t C O 2 T- N O N r� N 3 3 Q 32 Packet Pg. 35 2.1.a GENERAL FUND OVERVIEW CHANGE IN FUND BALANCES BALANCES GENERAL FUND ---- ACTUAL ---- ---- ACTUAL ---- & SUBFUNDS 8/31 /2021 8/31 /2021 Q2 YTD Fund Balance Cash Balance 001-General Fund $ 14,133,722 $ 8,186,606 $ 5,729,329 $ 264,977 009-Leoff-Medical Ins. Reserve 331,606 340,177 (41,666.00) (205,570 0 a 012-Contingency Reserve Fund 1,782,149 1,782,150 - - 014-Historic Preservation Gift Fund 19,688 19,689 2,500.00 2,500 016-Building Maintenance 210,221 210,221 - - M 017 - Marsh Restoration & Preservation 848,617 848,616 (15,999.00) (15,999 LL Total General Fund & Subfunds $ 17,326,004 $ 11,387,459 $ 5,674,164 $ 45,907 2, t *$2,000,000 of the General Fund Balance has been assigned by management for the development of Civic Field. 0 a *$7,267,031of the fund balance in Fund 001 added to the $1,768,863 balance in Fund 012, represent the required 20% r operating reserve. N r N 7 7 a GOVERNMENTAL FUNDS OVERVIEW 0 U CHANGE IN FUND M FUND BALANCES BALANCES r_ ii ---- ACTUAL ---- ---- ACTUAL ---- GOVERNMENTAL FUNDS 8/31 /2021 8/31 /2021 Q2 YTD c Fund Balance Cash Balance 0 r N General Fund & Subfunds $ 17,326,004 $ 11,387,459 $ 5,674,164 $ (106,118 N Special Revenue 19,533,142 18,239,166 6,539,428 8,542,941 Capital Projects 6,295,145 6,103,420 5,648 141,635 Q Total Governmental Funds $ 43,154,291 $ 35,730,045 $ 12,219,240 $ 8,578,457 c m E t v .r r a *Please note that these revenues and expenses occur within annual cycles. This Interim Report is not adjusted for accruals or those annual cycles. 33 Packet Pg. 36 2.1.a SPECIAL REVENUE FUNDS OVERVIEW FUND BALANCES CHANGE IN FUND BALANCES ---- ACTUAL ---- ---- ACTUAL ---- GOVERNMENTAL SPECIAL REVENUE 8/31/2021 8/31/2021 Q2 YTD Fund Balance Cash Balance 104 - Drug Enforcement Fund $ 76,123 $ 75,736 $ 847 $ 1,821 111 - Street Fund 869,636 754,337 128,731 (268,774 .. 112- Combined Street Const/Improve 1,974,429 1,463,060 (339,401) (107,234 p 117 - Municipal Arts Acquis. Fund 681,512 676,908 8,487 (1,215 118 - Memorial Street Tree 20,713 20,576 230 495 120 - Hotel/Motel Tax Revenue Fund 74,280 66,728 1,808 7,359 2 U 121 - Employee Parking Permit Fund 94,179 93,456 2,222 12,180 r- 122 -Youth Scholarship Fund 14,180 14,088 157 353 123 -Tourism Promotional Fund/Arts 96,425 93,585 6,032 16,088 125 - Real Estate Tax2 4,106,650 3,793,942 454,119 1,534,668 126 - Real Estate Excise Tax 1 3,528,209 3,210,962 293,294 1,218,041 p 127 - Gifts Catalog Fund 310,664 308,655 (19,419) 12,600 130 - Cemetery Maintenance/Improvement 259,342 255,572 6,871 54,214 c 136 - Parks Trust Fund 170,718 169,593 1,896 4,080 N 137 - Cemetery Maintenance Trust Fund 1,115,347 1,107,999 18,839 25,487 3 138- Sister City Comm ission 13,131 13,061 2,618 2,768 3 140 -Business Improvement Disrict 48,301 48,302 7,327 29,150 Q 141 -Affordable and Supportive Housing Fd 126,944 120,248 18,220 48,503 V_ 142 - Edmonds Cares Fund 5,952,359 5,952,359 5,946,550 5,952,359 Q. Total Special Revenue $ 19,533,142 $ 18,239,166 $ 6,539,428 $ 8,542,941 W *$200,000 of the fund balance in Fund 126 has been reserved for Marsh Restoration Funding, as well as $500,000 for M the purchase of Open Space. c M ENTERPRISE FUNDS OVERVIEW LL O r N O FUND BALANCES CHANGE IN FUND r ENTERPRISE ---- ACTUAL ---- ---- ACTUAL ---- y FUNDS 8/31/2021 8/31/2021 Q2 YTD Fund Balance Cash Balance Q r c 421 -Water Utility Fund $ 26,767,236 $ 5,721,147 $ (225,432) $ 1,067,584 E 422 -Storm Utility Fund 15,501,054 6,083,067 (111,081) 1,910,365 423 - Sewer/WWTP Utility Fund 52,483,667 18,142,769 (3,586,284) 85,238 Q 424 - Bond Reserve Fund 843,968 843,968 2 7 411 -Combined Utility Operation 5,740 47,147 5,070 5,740 Total Enterprise Funds $ 95,601,664 $ 30,838,097 $ (3,917,725) $ 3,068,935 *$250,000 of the Storm Utility Fund Balance has been reserved for Marsh Restoration Funding. *Please note that these revenues and expenses occur within annual cycles. This Interim Report is not adjusted for accruals or those annual cycles. 34 Packet Pg. 37 2.1.a SUMMARY OVERVIEW CHANGE IN FUND FUND BALANCES BALANCES CITY-WIDE ---- ACTUAL ---- ---- ACTUAL ---- 8/31 /2021 8/31 /2021 Q2 YTD Fund Balance Cash Balance Governmental Funds $ 43,154,291 $ 35,730,045 $ 12,219,240 $ 8,578,457 .. 0 Enterprise Funds 95,601,664 30,838,097 (3,917,725) 3,068,935 CL Internal Services Fund 10,260,831 5,732,251 209,624 306,411 W Agency Funds 65,929 65,929 (17,311) (69,187 ,r U Total City-wide Total $ 149,082,715 $ 72,366,322 $ 8,493,828 $ 11,884,617 r- c ii 21 t 0 INTERNAL SERVICE FUNDS OVERVIEW N 0 N a+ N 7 7 Q i` FUND BALANCES CHANGE IN FUND 0. BALANCES m ---- ACTUAL ---- ---- ACTUAL ---- 2 INTERNAL SERVICE FUNDS 8/31 /2021 8/31 /2021 Q2 YTD c Fund Balance Cash Balance c ii 511 - Equipment Rental Fund $ 9,234,824 $ 4,811,756 $ 71,375 $ 131,02E 512 - Technology Rental Fund 1,026,006 920,495 138,249 c 175,38E �0 Total Internal Service Funds $ 10,260,831 $ 5,732,251 $ 209,624 $ 306,411 N 0 N a+ N 7 7 Q r+ C d E t V a+ a *Please note that these revenues and expenses occur within annual cycles. This Interim Report is not adjusted for accruals or those annual cycles. 35 Packet Pg. 38 2.2 City Council Agenda Item Meeting Date: 10/12/2021 Proposal to Change to Biennial Budget Staff Lead: Dave Turley Department: Administrative Services Preparer: Dave Turley Background/History Edmonds Administration and Council have discussed moving from an annual to a biennial budget, and discussions have generally been very favorable for making this change. Doing so will require a Biennial Budget Ordinance to be passed by Council. A draft ordinance is included in your packet. Tonight we would like to discuss this with Finance Committee. Staff Recommendation Staff recommends discussing this item tonight, and if Committee members are in favor, that the item be placed on a future agenda for discussion by full Council. Narrative: If the city is to move to a biennial budget for the 2023-2024 biennium, it must so do so by ordinance, and this ordinance must be passed by June 30, 2022. While this seems like a long way off, in fact for the Finance Division the budget preparation process begins very early in the year. In order to properly prepare in 2022, Finance and the Administration needs to know whether to prepare for an annual budget or a biennial budget. There are significant changes that need to be made "behind the scenes" in the financial accounting software that should be done as early as possible. Waiting until 2022 to pass a biennial budget ordinance would put unnecessary pressure on the Finance and IT divisions. Attachments: Biennial Pros and Cons Biennial Budget Calendar Cities with Biennial Budgets Ordinance XXXX Biennial Budget Draft Packet Pg. 39 2.2.a Commonly cited advantages of biennial budgets include: • It reduces the total amount of time spent budgeting over a two-year period and freeing up time for other projects by both Administration and Council in year two, • It provides more time to examine and thoroughly scrub the CIP/CFP plans in the off years • It encourages the City to think strategically over multiple years instead of just balancing the budget for a single year, and • There is no need for a carryforward amendment in the second year. Commonly cited disadvantages include: • A bit more time and effort required to develop the budget in year one (because forecasts need to be done for 2 years instead of 1, • Budget monitoring by the legislative body requires a longer -term outlook, • More difficulty and uncertainty forecasting revenues/expenditures further into the future, and • Some jurisdictions spend too much time on budget amendments or the mid - biennium review and adjustment, eliminating any time savings in year two. Packet Pg. 40 2.2.b 2023-2024 BIENNIAL BUDGET CALENDAR (EXAMPLE) Due Date Budget Prep Activity in 2022 Budget Prep Activity in 2023 May Distribute Draft Budget Schedule May 8 Council Budget Retreat Council Budget Retreat June 28 Mayor discusses Budget Priorities with Directors July Hold Budget Development Meeting(s) as needed July 2 2022 Budget Kick-off July 8 Budget Instructions Posted to SharePoint Site July 9 Department Access to SharePoint 2023 Budget Web Site July 12 Begin to work on developing 2023 rates July 23 Complete input of revenue & expenditure baseline budgets into Eden July 23 Input Operating Decision Package forms into Eden July 30 Input Capital Decision Package forms into Eden August 2 Issue Budget Request Letter (Req. by RCW 35A.33.030 by second Monday in September August 9 Preliminary Decision Package Book is Printed & Delivered to Mayor August 11 Finance to deliver Employee Position Finance to deliver Employee Position Budget Reports and Department Budget Reports and Department Organization Charts to departments for Organization Charts to departments for review review August 27 Finish Strategic Forecast for General Fund Finish Strategic Forecast for General Fund August 18 Decision Package Review-TBD August 19 Decision Package Review-TBD August 20 Department Employee Budget Worksheet Edits due to Finance August 2023 Non -Rep Salary Resolution. 2024 Non -Rep Salary Resolution. Budget Balancing & deciding which Set 1 Decision Packages move forward Initial Decisions from Mayor & Shared Set 10 with Departments Sept 10 Last chance to make changes to Preliminary Budget Set 17 Publication of Notices Packet Pg. 41 2.2.b Due Date Budget Prep Activity in 2022 Budget Prep Activity in 2023 Preliminary Budget document to departments for review — request Sept 27 comments by 9/23. Mayor's Message and Presentation of Oct 4 Preliminary Budget All departments to make brief presentations of their 2023 budget Oct 19 requests to Council Oct 26 PROS Plan, CIP / CFP Presentations PROS Plan, CIP / CFP Presentations Nov 1 Two Public Hearings (Revenue Sources, Public Hearing for Property Taxes, CIP / Property Taxes), CIP / CFP Presentation CFP Presentation Nov 4 Council Budget Review Public Hearings, Council Budget Review, Nov 16 CIP / CFP Adoption CIP / CFP Adoption Nov 23 Final Council Budget Review Packet Pg. 42 2.2.c List of Cities with Biennial Budgets Below is a ist of cities that MRSC is currently aware of that adopt a biennial budget. Anacortes Kennewick Redmond Arlington Kirkland Renton Aubum Lake Forest Park Sammamish Bainbridge Island Lakewood SeaTac Bellevue Leavenworth Shoreline Bellingham Longview Snoqualmie Benton City Lynnwood Stanwood Bonney Lake Maple Valley Steilaccom Bothell MarysviLle Sumner Burien Mercer Island Tacoma Camas Mill Creek Tukwila Covington Mountlake Terrace Tumwater DuPont Normandy Park University Place Duvall Oak Harbor Vancouver Federal Way Ocean Shores Walla Walla Fife Port Orchard West Richland Hoquiam Poulsbo Woodinville Kelso Pullman Yelm Kenmore r Q Packet Pg. 43 2.2.d ORDINANCE NO. AN ORDINANCE OF THE CITY OF EDMONDS, WASHINGTON ADOPTING A BIENNIAL BUDGET PROCESS AND FIXING A TIME WHEN THE SAME SHALL BE EFFECTIVE. WHEREAS, pursuant to RCW Chapter 35A.34, the City of Edmonds, Washington, is authorized to adopt a biennial fiscal budget; and WHEREAS, the City Council has determined that it would be efficient to adopt a biennial fiscal budget process for the City; and WHEREAS, the beginning of a biennial budget process, pursuant to Chapter 35A.34, cities must begin the biennial budget on an odd -numbered year; and NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON, DO ORDAIN AS FOLLOWS: Section 1. The City of Edmonds hereby adopts a fiscal biennial budget process as authorized pursuant to RCW 35A.34, as now or hereafter amended. The biennial budget process for the City of Edmonds will begin with the 2023 - 2024 biennium. Section 2. Effective Date. This ordinance, being an exercise of a power specifically delegated to the City legislative body, is not subject to referendum and shall take effect five (5) days after passage and publication of an approved summary thereof consisting of the title. ATTEST/AUTHENTICATED: CITY CLERK, SCOTT PASSEY APPROVED: MAYOR MIKE NELSON Pagel of 3 Packet Pg. 44 2.2.d APPROVED AS TO FORM: OFFICE OF THE CITY ATTORNEY: JEFF TARADAY FILED WITH THE CITY CLERK: PASSED BY THE CITY COUNCIL: PUBLISHED: EFFECTIVE DATE: ORDINANCE NO. Page 2 of 3 Packet Pg. 45 2.2.d SUMMARY OF ORDINANCE NO. of the City of Edmonds, Washington On the day of , 2021, the City Council of the City of Edmonds, passed Ordinance No. A summary of the content of said ordinance, consisting of the title, provides as follows: AN ORDINANCE OF THE CITY OF EDMONDS, WASHINGTON ADOPTING A BIENNIAL BUDGET PROCESS AND FIXING A TIME WHEN THE SAME SHALL BE EFFECTIVE. The full text of this Ordinance will be mailed upon request. DATED this day of , 2021. CITY CLERK, SCOTT PASSEY Page 3 of 3 Packet Pg. 46