HomeMy WebLinkAbout11/29/2022 04. Ordinance amending the 2022 Budget for the City of Yakima; and making appropriations from Unappropriated Fund Balances within various Funds for expenditure during 2022 for various purposes (First Reading) Y�'1114'+
BUSINESS OF THE CITY COUNCIL
YAKIMA, WASHINGTON
AGENDA STATEMENT
Item No. 4.
For Meeting of: November 29, 2022
ITEM TITLE: Ordinance amending the 2022 Budget for the City of Yakima; and
making appropriations from Unappropriated Fund Balances within
various Funds for expenditure during 2022 for various purposes
(First Reading)
SUBMITTED BY: Jennifer Ferrer-Santa Ines, Director of Finance and Budget*
Kimberly Domine, Finance Division Manager
Jennifer Paxton, Financial Services Officer
SUMMARY EXPLANATION:
This appropriation for current year course correction is part of the annual budgeting
process.Attached is an ordinance amending the 2022 Budget to provide appropriations for
projects or programs that were not known and therefore not included at the time of the 2022
Budget adoption.
ITEM BUDGETED: NA
STRATEGIC PRIORITY: Public Trust and Accountability
APPROVED FOR SUBMITTAL BY THE CITY MANAGER
RECOMMENDATION:
First reading of Ordinance.
ATTACHMENTS:
Description Upload Date Type
Ordinance 11/21/2022 Ordinance
❑ Memo 11/21/2022 Corer Memo
Schedule 2 11/21/2022 Backup Material
2
ORDINANCE NO. 2022-
AN ORDINANCE amending the 2022 Budget for the City of Yakima; and making
appropriations from Unappropriated Fund Balances within
various funds for expenditure during 2022 for various
purposes.
WHEREAS, the various funds indicated on the attached Schedule I contain
Unappropriated Fund Balances available for appropriation and expenditures during 2022
in various amounts and for the purposes mentioned in the attached Schedule; and
WHEREAS, at the time of the adoption of the 2022 budget it could not reasonably
have been foreseen that the appropriation provided for by this ordinance would be
required; and the City Council declares that an emergency exists of the type contemplated
by RCW 35.33.091 and that it is in the best interests of the City to make the appropriation
herein provided; now, therefore,
BE IT ORDAINED BY THE CITY OF YAKIMA:
Section 1. Appropriations are hereby made, for expenditure during 2022, from
Unappropriated Fund Balances in the various Funds to the various accounts and in the
various amounts, and for the various specific purposes, all as specified in the Schedule I
attached hereto and incorporated herein.
Section 2. This ordinance is one making an appropriation and shall take effect
immediately upon its passage, approval and publication as provided by law and by the
City Charter.
PASSED BY THE CITY COUNCIL, signed and approved this 6th day of
December, 2022.
Janice Deccio, Mayor
ATTEST:
Sonya Clear Tee, City Clerk
First Reading: November 29, 2022
Publication Date:
Effective Date:
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t:l n
FINANCE
TO: Mayor and City Council
FROM: Jennifer Ferrer-Santa Ines, Director of Finance and Budget
Kimberly Domino, Finance Division Manager
Jen Paxton, Financial Services Officer
DATE: November 21, 2022
RE: 2022 Budget Ordinance
This budget ordinance effects course corrections based on new information for the 2022 Budget
year that was not known at the time of budget adoption. Staff routinely brings budget
amendments, approximately quarterly to be transparent and accountable.
Budget amendment is a recurring budget process step; staff accumulates new information
anticipating to bring adjustments of this type to council on an approximately quarterly basis and
is typically for one of four reasons:
1) New additional revenue makes it possible to approve additional related expenses,
2) Prior-year budgeted obligations need to be rolled forward to match disbursement in the
current year, if not yet disbursed by Feb. 28th (60 days)
3) Accumulated fund balances can be appropriated, and
4) Corrections or changes between funds.
Staff requests approval of adjustments and corrections to the 2022 budget that are now known
that were not known at the time of adoption, per the attached detail spreadsheet, described in
more detail as follows. Item numbers listed match red Ref#'s on attached spreadsheet:
New Revenue:
1). Utility Services Fund 581, Utility Residential Customer Arrearages Department of Commerce
grant; this adjustment increases both revenue and expense in equal and offsetting
amounts. $450,927.95.
City of Yakima
2022 Budget Amendment SCHEDULE 2
4th Quarter Amendment 2
From Fund From Dr(Cr) To Fund To Dr(Cr) # Description
Fund I Account#I Name $ Fund!Account I Name I $ Ref
New Revenue-offsetting increases in expenditures and revenues I
Utility Residential Customer Arrearages Grant
Utility Services Fund 581 8953314 Department of Commerce $ 450,927.95 581 7684960 Pass Thru Payments $ 450,927.95 1 22-56104-035
$ 450,927.95 $ 450,927.95
11/21/2022 C:\Program Files(x86)\neevia.com\docConverterPro tefp\NVDC\EF260D10-705D-45D8-8A95-4768DD3B75EA\Yakima.17702.1.JM- 2022_4th_Qu arte r_Budget Amendment_2