Loading...
HomeMy WebLinkAbout2024-049 Ordinance adopting the 2025-2026 Priority Based Biennial Budget for the City of Yakima ORDINANCE NO. 2024-049 AN ORDINANCE adopting the biennial budget for the City of Yakima, Washington, for the fiscal years 2025-2026; and making appropriations for estimated expenditures. WHEREAS, Article II, Section 9 of the City Charter requires the City Manager to have prepared and submitted to the City Council a tentative budget for the fiscal year, required by October 1 prior to the beginning of the City fiscal year (RCW 35.33.051, 35.33.055); and WHEREAS, the City Council passed Ordinance 2022-007 establishing a two-year fiscal biennial budget, as authorized by RCW 35A.34.040; and WHEREAS, on or before the 1st day of October, 2024, a Preliminary Budget Summary for the City of Yakima for the biennium 2025-2026 was duly filed with the Director of Finance and City Clerk of the City of Yakima and submitted to the Yakima City Council, all in accordance with applicable laws; and WHEREAS, notice was posted and published for public hearings held on November 4, 2024 and on November 19, 2024. The City Council held its formal public hearings on the budget all in accordance with applicable laws; and WHEREAS, subsequent to its formal public hearing, the City Council had the opportunity to make adjustments and changes to the budget as the Council deemed necessary or proper and determined the allowance in each item, department, classification and fund, all as set forth in the final budget document attached hereto, all in accordance with applicable laws; now, therefore BE IT ORDAINED BY THE CITY OF YAKIMA: Section 1. The budget for the City of Yakima, Washington, for the fiscal years 2025 and 2026 is hereby adopted in its final form and content as set forth in the budget document entitled "City of Yakima, Biennial Budget 2025 — 2026," which is attached hereto as Schedule A and incorporated by reference herein. There is hereby appropriated for expenditure during the years 2025 and 2026 the aggregate amounts listed on the attached Schedule A for each separate fund of the City. Pursuant to Article II, Section 9 of the City Charter, the City Manager shall prepare and submit to the Council a tentative budget for the fiscal year. Once the Council adopts the annual budget, the Council authorizes the City Manager to adjust appropriations within individual funds at his/her discretion. Section 2. The City Clerk is directed to transmit a certified copy of the budget hereby adopted to the Division of Municipal Corporations in the Office of the State Auditor and to the Association of Washington Cities. Section 3. This ordinance is one required to be made by the laws of the State of Washington, and shall be in full force and effect on January 1, 2025, upon its passage and publication as provided by law. PASSED BY THE CITY COUNCIL, signed and approved this 17th day of December, 2024. 14-/ res. ..�� Patricia Byer , Mayor ATTEST: .kPKiMq SEAL 41J,Z4-4014 °4 Rosalinda Ibarra, City Clerk Publication Date: December 21, 2024 Effective Date: January 1, 2025 City of Yakima Biennial Budget 2025-2026 Schedule A SUMMARY OF APPROPRIATIONS BY FUND Estimated 2026 2025 Beg 2025 2025 2026 2026 YE Estimate Inc in Fund Budgeted Budgeted Budgeted Budgeted Fund (Dec in) Fund/Description Balance Revenue Expenditure Revenue Expenditure Balance Reserves General Fund $ 16,451,654 $ 71,152,642 $ 75,680,538 $ 71,522,992 $ 79,391,731 4,055,019 $(12,396,635) General Fund-Criminal Justice 604,654 3,449,000 3,590,684 3,554,000 3,763,690 253,280 (351,374) General Fund-Fire Relief/Pension 1,109,121 977,088 1,074,763 1,002,088 1,073,126 940,408 (168,713) General Fund-Police Relief/Pension - 800,000 712,800 700,000 675,130 112,070 112,070 Neighborhood Development 1,108,427 5,054,470 3,945,562 2,403,551 1,475,409 3,145,477 2,037,050 Community Relations 535,701 504,000 709,112 508,000 742,461 96,128 (439,573) Parks&Recreation 590,576 6,671,068 6,776,075 6,795,820 6,988,189 293,200 (297,376) Aquatic Center at MKL Park 719,000 - - - - 719,000 - Clean City Fund 629,535 968,858 797,812 987,632 837,138 951,075 321,540 Streets&Traffic 2,215,993 5,139,628 5,416,703 6,730,616 7,279,263 1,390,271 (825,722) Cemetery 132,034 400,000 448,780 430,000 471,437 41,817 (90,217) Emergency Services 701,105 2,497,171 2,230,284 2,497,171 2,348,044 1,117,119 416,014 Public Safety Communications 876,278 2,556,452 2,572,288 2,550,000 2,766,908 643,534 (232,744) Police Grants 569,714 687,529 611,138 329,840 266,130 709,815 140,101 Public Safety Comm-Crun Just 0 3% 198,278 270,000 281,002 240,000 298,358 128,918 (69,360) Public Safety Comm- Dispatch 681,510 1,918,167 1,997,033 2,069,392 2,142,884 529,152 (152,358) Downtown Yakima Bus Impr Dist 81,761 185,750 184,746 185,750 184,928 83,587 1,826 Trolley 48,697 11,869 15,319 11,869 13,637 43,479 (5,218) Front Street Business Improvement 2,094 3,700 3,700 3,700 3,700 2,094 - Convention&Event Center 1,031,063 2,331,200 2,025,477 2,406,200 2,050,163 1,692,823 661,760 Capitol Theatre 118,484 435,000 434,412 450,000 449,813 119,259 775 PFD Rev-Cony&Event Center 690,870 1,203,900 878,951 1,303,900 1,176,091 1,143,628 452,758 Tourist Promotion Area 121,757 1,303,200 1,315,718 1,353,200 1,364,767 97,672 (24,085) PFD Rev-Capitol Theatre 907,664 862,831 698,418 862,831 708,673 1,226,235 318,571 ARPA Fiscal Recovery Fund 67,700 1,829,026 1,829,026 64,121 70,695 61,126 (6,574) PFD Debt Service 416,199 1,413,051 1,413,051 1,405,447 1,405,447 416,199 - Misc LTGO Bonds 17,626 1,299,664 1,299,664 1,299,664 1,299,664 17,626 - Law&Justice Capital 0.3% 552,650 120,000 120,000 120,000 120,000 552,650 - CBD Capital Improvement 55,024 - - - - 55,024 - Capitol Theatre Capital 108,324 60,000 60,000 60,000 60,000 108,324 - Yakima Revenue Development Area 2,095,994 9,787,500 11,080,368 3,200,000 3,033,043 970,083 (1,125,911) Parks&Recreation Capital 1,510,282 255,721 30,151 265,134 14,941 1,986,045 475,763 Fire Capital 576,936 163,000 80,000 163,000 80,000 742,936 166,000 Law&Justice Capital 676,690 287,023 4,528 290,559 12,533 1,237,211 560,521 REET 1 2,807,322 1,344,448 2,387,455 1,357,448 2,242,360 879,403 (1,927,919) REET 2 421,392 1,260,000 1,382,943 1,273,000 1,381,987 189,462 (231,930) Transportation Benefit District 4,912,345 1,700,000 2,759,561 1,700,000 1,071,984 4,480,800 (431,545) Estimated 2026 2025 Beg 2025 2025 2026 2026 YE Estimate Inc in Fund Budgeted Budgeted Budgeted Budgeted Fund (Dec in) Fund/Description Balance Revenue Expenditure Revenue Expenditure Balance Reserves Street Overlay&Reconstruction 2,396,749 26,837,583 26,865,452 19,841,456 19,755,156 2,455,180 58,431 Cony&Event Center Cap Impr 1,305,413 280,000 353,123 580,000 527,050 1,285,240 (20,173) Capital Impr-Cumulative Reserve 2,001 - - - 2,001 - (2,001) Airport Operating 1,457,425 1,503,935 2,310,327 1,599,319 2,095,858 154,494 (1,302,931) Airport FAA 258,922 6,911,298 7,092,942 2,582,100 2,288,577 370,801 111,879 Stormwater Operating 2,851,393 4,349,918 5,348,737 4,653,343 5,601,549 904,368 (1,947,025) Stormwater Capital 3,408,263 2,628,809 3,315,367 2,538,365 1,881,293 3,378,777 (29,486) Transit Operating 17,170,388 14,013,483 11,857,913 14,113,312 12,189,150 21,250,120 4,079,732 Transit Capital 5,583,780 2,750,000 2,080,266 2,250,000 1,166,925 7,336,589 1,752,809 Refuse 4,778,483 9,992,170 10,048,687 10,291,935 10,410,589 4,603,312 (175,171) Wastewater Capital-Facilities 1,894,171 1,000,000 902,543 1,000,000 1,199,185 1,792,443 (101,728) Wastewater Operating 6,111,350 25,191,271 26,540,181 26,029,354 27,414,993 3,376,801 (2,734,549) Water Operating 6,339,810 14,230,290 14,141,294 14,958,500 14,497,491 6,889,815 550,005 Irrigation Operating 578,495 2,301,314 2,398,893 2,370,275 2,496,681 354,510 (223,985) Wastewater Capital-Construction 5,954,075 1,628,768 3,162,474 1,538,365 3,101,550 2,857,184 (3,096,891) Water Capital 2,623,640 3,558,654 3,097,021 3,200,000 3,758,650 2,526,623 (97,017) Wastewater Capital-Projects 5,795,503 4,000,000 7,071,888 4,000,000 5,054,451 1,669,164 (4,126,339) Irrigation Capital 4,065 16,275,810 10,543,796 1,726,084 6,802,494 659,669 655,604 2008 Wastewater Bond 14,897 387,550 387,550 381,900 381,900 14,897 - 2004 Irrigation Bond 29,314 274,900 274,900 273,750 273,750 29,314 - 2012 Wastewater Bond 1,620,948 - - - - 1,620,948 - Unemployment Compensation 513,505 288,778 208,740 305,439 213,385 685,597 172,092 Employee Health Benefit Reserve 4,324,247 17,313,778 15,654,372 18,097,639 15,980,335 8,100,957 3,776,710 Workers'Compensation Reserve 1,145,396 4,536,371 3,712,133 4,536,501 3,731,808 2,774,327 1,628,931 Risk Management Reserve 5,151,721 4,546,286 7,585,674 6,550,021 7,662,642 999,712 (4,152,009) Wellness/Employee Asst Program 212,682 75,000 66,900 75,000 66,900 228,882 16,200 Equipment Rental/Reserves(552) 1,889,823 6,618,778 6,498,900 6,737,378 5,665,068 3,082,011 1,192,188 Environmental 186,996 615,600 716,905 265,500 324,283 26,908 (160,088) Pubhc Works Administration 456,003 1,691,604 1,855,610 1,759,268 1,942,935 108,330 (347,673) Utility Services 739,688 2,492,928 2,492,928 2,613,571 2,613,571 739,688 - Custodial Fund 402,770 - - - - 402,770 - Cemetery Trust 738,747 12,000 12,000 12,000 12,000 738,747 - City-wide Total $130,285,117 $305,209,832 $311,445,578 $274,977,300 $286,376,544 $112,650,127 $(17,634,990) i4 • BUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTON AGENDA STATEMENT Item No. 3.C. For Meeting of: December 17, 2024 ITEM TITLE: Ordinance adopting the 2025-2026 Priority Based Biennial Budget for the City of Yakima SUBMITTED BY: Vicki Baker, City Manager Viren Mayani, Director of Finance & Budget SUMMARY EXPLANATION: An Ordinance to adopt the 2025-2026 Priority Based Biennial Budget for the City of Yakima is attached. The 2025-2026 Biennial Budget appropriation is attached to the Ordinance as Schedule A. The preliminary 2025-2026 Biennial Budget was proposed by staff and presented at a series of public Study Sessions on October 8, 15, 22 and 29. Budget Hearings were held on November 4 and 19. The City is required by state statute to adopt a budget prior to the end of the preceding year. ITEM BUDGETED: STRATEGIC PRIORITY 24-25: RECOMMENDATION: Pass Ordinance. ATTACHMENTS: 25-26 Budget Ordinance Memo 25-26 Budget Ordinance.docx Schedule A 25-26 Biennial Budget.pdf 92