City of Mercer Island
FINANCIAL STATUS REPORT
Through June 30, 2008
FOREWORD
The Financial Status Report provides a summary budget to actual comparison of revenues and
expenditures for each fund through the end of the most recently completed fiscal quarter.
Revenue and expenditure comparisons are also made to the same period in the prior year. In
addition, a comprehensive progress update on the City’s Capital Improvement Program (CIP) is
included twice a year in the second and fourth quarter reports. The other two quarterly reports
include only a brief progress update, if deemed necessary, on key projects in the CIP. A
separate fund balance (or “working capital” for the utility funds) analysis for every fund is
included annually in the fourth quarter report as well. Finally, if needed, budget adjustments
are identified in a separate section of this report, along with an amending ordinance.
This report is comprised of the following five sections:
• General Fund
• Utility Funds
• All Other Funds
• Capital Improvement Program
• Budget Adjustments
It should be noted that, where significant, revenues are recognized when earned, regardless of
when cash is received, and expenditures are recognized when a liability has been incurred or
when resources have been transferred to another fund. Also, in the case of the General Fund,
the beginning fund balance, which corresponds to the Council approved “cash carryover” of net
excess resources from the prior year, is separately identified.
AB 4352
Exhibit 1
Page 2
GENERAL FUND
Overall, the General Fund continues to be in a solid financial position through the
second quarter of 2008, with total actual revenues outpacing and total actual expenditures
just under the 50 percent budget threshold, as described below. But, given the current
state of the regional economy (i.e. high inflation and a major downturn in development
activity and the real estate market) and with development fees down significantly
through the first half of this year compared to 2007, it’s possible that the development
boom in the Town Center might come to a halt by mid-year 2009, which would be
about a year sooner than projected.
Revenues
Comparing total actual to total budgeted revenues (i.e. excluding Beginning Fund Balance)
through June 30th, the General Fund is 54.0 percent of budget in 2008 versus 54.7 percent
of budget in 2007, primarily due to stronger than projected sales tax, utility tax, and
King County EMS levy receipts, as shown in the table below.
GENERAL FUND: Revenues
As of June 30, 2007 and 2008
Revenue Actuals Budget % of Budget
Category 6/30/07 6/30/08 2007 2008 2007 2008
Property Tax 4,872,337 4,888,164 9,259,808 9,425,105 52.6% 51.9%
Sales Tax 1,833,039 2,049,991 2,650,000 2,789,076 69.2% 73.5%
Utility Taxes 1,705,430 1,759,341 3,032,000 3,238,000 56.2% 54.3%
Water/Sewer Overhead 358,000 369,700 716,000 739,400 50.0% 50.0%
Intergovernmental Revenues 158,762 205,082 495,792 679,239 32.0% 30.2%
Licenses, Permits & Zoning Fees 1,162,607 961,510 2,180,850 2,195,850 53.3% 43.8%
Recreation Program Fees 425,319 523,783 966,540 972,140 44.0% 53.9%
EMS Levy/Fees 256,688 328,425 481,629 499,976 53.3% 65.7%
Court Fines 190,630 189,239 306,000 306,000 62.3% 61.8%
Misc General Government 132,336 105,537 186,700 204,986 70.9% 51.5%
Interest 176,530 167,738 346,000 346,000 51.0% 48.5%
Total Revenues 11,271,678 11,548,510 20,621,319 21,395,772 54.7% 54.0%
Beginning Fund Balance 1,719,212 2,921,669 340,876 2,471,219 504.4% 118.2%
Total Resources 12,990,890 14,470,179 20,962,195 23,866,991 62.0% 60.6%
Comparing 2008 to 2007, total actual revenues are up only $277,000, or 2.5 percent,
through the second quarter, mostly due to the net effect of an unexpected sales tax receipt,
moderate growth in recreation program fees, a huge hike in the King County EMS levy, modest
growth in utility taxes, and a significant drop in development-related fees.
AB 4352
Exhibit 1
Page 3
The following revenues are particularly noteworthy:
• Sales tax is 73.5 percent of budget in 2008 compared to 69.2 percent of budget in
2007. Also, actual revenue is up almost $217,000, or 11.8 percent, compared to
the same period last year. However, it should be noted that actual revenues in both
years include unexpected receipts from two non-classified businesses
amounting to $411,000 in 2007 and $453,000 in 2008. The City has received
such payments in the past, but there is no discernible collection pattern. Accordingly,
they can’t be predicted. Factoring out these extraordinary receipts, total actual
revenue through June 2008 is up almost $175,000, or 12.3 percent, compared
to the previous year. The following table compares 2007 and 2008 sales tax revenue
through June and includes a breakdown by business sector.
Business Revenue (Jan-Jun) % % of Total
Sector 2007 2008 Change 2007 2008 2007 Adj* 2008 Adj*
Construction 723,054 815,786 12.8% 39.4% 39.8% 50.9% 51.1%
Retail & Wholesale Trade 317,162 322,581 1.7% 17.3% 15.7% 22.3% 20.2%
Admin & Support Services 56,537 74,970 32.6% 3.1% 3.7% 4.0% 4.7%
Food Services 74,902 76,372 2.0% 4.1% 3.7% 5.3% 4.8%
Telecommunications 55,491 60,571 9.2% 3.0% 3.0% 3.9% 3.8%
Finance, Insurance & Real Estate 65,570 73,035 11.4% 3.6% 3.6% 4.6% 4.6%
All Other Sectors 540,323 626,676 16.0% 29.5% 30.6% 9.1% 10.8%
Total 1,833,039 2,049,991 11.8% 100.0% 100.0% 100.0% 100.0%
* The "2007 Adj" and "2008 Adj" columns factor out $411,191 and $453,460 respectively in extraordinary receipts from "non-
classified businesses," which were included in the "All Other Sectors" totals of $540,323 in 2007 and $626,676 in 2008.
Significant sales tax growth (i.e. at least a 10% increase and a $10,000 increase)
has been concentrated in the following business sectors: Construction;
Administration & Support Services; and Repair and Maintenance (up almost
$12,000, or 71.1 percent), which is included in All Other Sectors. Of particular note, the
Construction sector was up 12.8 percent over last year primarily due to several
large projects in the Town Center that are currently underway. In addition, the
Construction sector continues to make up about half of the City’s total sales
tax receipts, excluding the extraordinary receipts in 2007 and 2008. Based on what’s
currently in the Development Services Group’s (DSG) pipeline, this unusually high
level of construction-related sales tax is expected to continue through the
first or second quarter of 2009.
• Utility taxes, which apply to private utilities only, are 54.3 percent of budget in
2008 compared to 56.2 percent of budget in the prior year. Relative to 2007, actual
revenue is up only $54,000, or 3.2 percent. This unusually modest growth rate can
be wholly attributed to the electricity/gas utility (i.e. Puget Power), which
lowered its gas rates 13.0 percent on average effective October 1, 2007. It should be
noted that electricity/gas utility tax revenue was up 17.4 percent in 2007 and 15.5
percent in 2006 through June. Continuing their streak of high growth rates are the
AB 4352
Exhibit 1
Page 4
cable (i.e. Comcast) and cellular utility companies, which are up 10.4 percent
and 9.7 percent respectively through June of this year. The table below compares
utility tax revenues, which are broken down by type of utility, for 2006, 2007, and 2008
as of June 30th.
Utility Revenue (Jan-Jun) % Change
Tax 2006 2007 2008 2007 2008
Electricity/Gas 793,585 932,058 938,255 17.4% 0.7%
Garbage 103,976 106,481 109,105 2.4% 2.5%
Cable TV 203,975 229,483 253,434 12.5% 10.4%
Telephone 109,692 103,367 99,680 -5.8% -3.6%
Cellular 255,843 291,125 319,315 13.8% 9.7%
Long Distance 29,891 42,916 39,551 43.6% -7.8%
Total 1,496,962 1,705,430 1,759,341 13.9% 3.2%
• Intergovernmental revenues are only 30.2 percent of budget in 2008 compared
to 32.0 percent of budget last year. These revenues primarily consist of the liquor
excise tax and liquor control board profits that are shared by the state, vessel
registration fees that are received from King County via the state, and contract revenue
for marine patrol services. The latter two revenues, which comprise almost 33.0 percent
of what’s budgeted for intergovernmental revenues, won’t be received, or otherwise
recognized, until December 2008.
• Licenses, permits, and zoning fees are only 43.8 percent of budget in 2008
compared to 53.3 percent of budget in 2007. Actual revenue is down $201,000, or
17.3 percent, compared to the same period last year. This revenue category consists
of all fees related to development, cable franchises, and business licenses. Of particular
note, single family residential development is down significantly in 2008 after
three very busy years as evidenced by a 33.2 percent drop in the number of
single family residential building permits issued as of June 30, 2008 (i.e. 193
permits) compared to the same period in 2007 (i.e. 289 permits). In addition, the total
valuation associated with all building permits issued as of June 30, 2008 is down
24.2 percent compared to the same timeframe in 2007. It is anticipated that two
new permits will be filed for the development of the old Safeway site and
phase 2 of the Mercer, but it is very possible that these two developments
might be postponed given the current state of the economy.
Prominent examples of commercial and mixed use developments that have
contributed significant development-related fees in 2008 include the Aljoya House,
which will open its doors in September, and the 7700 Central Condominiums and
7800 Plaza Condominiums, which are both currently under construction.
Finally, cable franchise fees continue to exhibit strong growth, with actual revenue
up 10.4 percent over last year.
AB 4352
Exhibit 1
Page 5
• Recreation program fees are 53.9 percent of budget in 2008 versus 44.0 percent
of budget in the prior year. Compared to 2007, actual revenue is up about
$98,000, or 23.2 percent primarily due to the following:
o Significant increase in ballfield user fees related to the South Mercer
artificial turf field (which is reserved for the replacement of the artificial turf);
o Significant number of early registrations for “Youth and Teen Camps”;
o Significant increase in “CCMV Drop-In Sports” visits; and
o Significant increase in “CCMV Preschool Program” registrations.
• EMS levy/fees are 65.7 percent of budget in 2008 compared to 53.3 percent of
budget in 2007. Also, actual revenue is up almost $72,000, or 27.9 percent,
compared to the same period last year. Most of this increase can be attributed to
a 53.7 percent hike in the King County EMS levy.
All other revenues are either within expected norms through the second quarter of the year or
too insignificant to highlight.
Expenditures
Comparing total actual to total budgeted expenditures through June 30th (excluding the transfer
of the prior year’s surplus), the General Fund is 49.0 percent of budget in 2008 versus 48.7
percent of budget in 2007. Simply put, expenditures are tracking very closely to budget. It is
more typical to be about 2.0 percent below the 50.0 percent budget threshold at this point in
the year. Actual and budgeted expenditures through June 30, 2007 and 2008 are shown in the
table below.
AB 4352
Exhibit 1
Page 6
GENERAL FUND: Expenditures
As of June 30, 2007 and 2008
Expenditure Actuals Budget % of Budget
Category 6/30/07 6/30/08 2007 2008 2007 2008
Salaries & Wages 5,475,119 5,774,484 11,039,589 11,682,994 49.6% 49.4%
Benefits 1,576,439 1,712,052 3,386,490 3,719,440 46.6% 46.0%
Contractual Services 633,933 808,737 1,743,279 2,041,828 36.4% 39.6%
Supplies 308,662 362,825 657,894 646,231 46.9% 56.1%
Phone, Postage & Advertising 84,981 97,047 187,625 193,125 45.3% 50.3%
Equipment Rental 503,045 487,152 1,008,864 1,018,284 49.9% 47.8%
Insurance 441,836 522,307 458,975 471,475 96.3% 110.8%
Utilities 262,165 184,782 493,823 514,289 53.1% 35.9%
Other Services & Charges 173,686 264,176 378,123 427,823 45.9% 61.7%
Jail 78,144 53,305 98,000 187,000 79.7% 28.5%
Intergovernmental Services 215,767 274,414 643,572 685,606 33.5% 40.0%
Capital 3,377 0 10,750 8,500 31.4% 0.0%
Transfer to Tech/Equip Fund 125,000 125,000 250,000 250,000 50.0% 50.0%
Transfer to YFS Fund 232,500 232,500 465,000 465,000 50.0% 50.0%
Transfer to Computer Equip Fund 70,000 70,000 70,000 70,000 N/A 100.0%
Subtotal 10,184,654 10,968,781 20,891,984 22,381,595 48.7% 49.0%
Transfer of Prior Year's Surplus - 1,584,150 46,000 1,584,150 0.0% N/A
Total Expenditures 10,184,654 12,552,931 20,937,984 23,965,745 48.6% 52.4%
The following expenditures deserve to be highlighted:
• Salaries, which make up about 53.0 percent of the General Fund budget (excluding the
transfer of the prior year’s surplus), are 49.4 percent of budget in 2008 relative to
49.6 percent of budget in the previous year. More typically, salaries trail the 50.0
percent budget threshold by 1.0-1.5 percent due to position vacancies, but there have
been several significant things that have negated most of that savings in both
years:
o Staff overtime in 2007 related to the December 2006 windstorm
aftermath;
o Firefighter overtime in 2007 related to the termination of a probationary
employee and extraordinary sick leave usage (i.e. for bereavement leave);
o Police overtime in 2007 related to a staffing shortage (i.e. down 3 officers
for much of 2007) and extraordinary sick leave usage (i.e. a child birth, a
surgery, and an injury); and
o Police overtime in 2008 related to a staffing shortage (i.e. down 2 officers
for most of the first half of 2008) and extraordinary sick leave usage (i.e. 3
significant injuries).
AB 4352
Exhibit 1
Page 7
• Benefits, which comprise about 16.0 percent of the General Fund budget (excluding
the transfer of the prior year’s surplus), are 46.0 percent of budget in 2008 versus
46.6 percent of budget in 2007. This significant underage relative to the 50.0 percent
budget threshold is mostly due to a change in the average demographic for each
bargaining unit in terms of the employees and their dependents that are
covered under the City’s medical and dental plans.
• Contractual services, which total 8.0-9.0 percent of the General Fund budget
(excluding the transfer of the prior year’s surplus), are only 39.6 percent of budget in
2008 compared to 36.4 percent of budget in the prior year. This expenditure category
includes software support, development and engineering support, recreation instructors,
repairs and maintenance, and other professional services. It typically trails the 50.0
budget threshold, because many services are contracted for during the
second and third quarters of the year.
• Insurance is 110.8 percent of budget in 2008 versus 96.3 percent of budget in the
prior year mostly due to a much larger than anticipated increase in the City’s
2008 liability insurance rate (i.e. almost $48,000 more than budgeted).
• Transfer of prior year’s surplus represents that portion of the $2.31 million surplus
in the General Fund at the end of 2007 that was approved by the Council to be
distributed to other funds for various purposes. To date, $1.73 million has been
approved by the Council to be transferred to other funds. Of the $2.31 million
surplus, $166,519 hasn’t been committed to any purpose yet. A complete
listing of the uses of the 2007 year-end surplus as well as when they were approved by
the Council is provided in the following table.
AB 4352
Exhibit 1
Page 8
Uses of 2007 Year-End General Fund Surplus Agenda Bill Amount
December 11, 2006 Meeting:
Funding for one-time costs in 2008 budget AB 4149 24,165
November 5, 2007 Meeting:
Establish stakeholder process for parks levy AB 4233 73,866
February 19, 2008 Meeting:
Purchase biodiesel tank, dispenser, and fuel card AB 4269 45,000
reader (transfer to Equipment Rental Fund)
Soil remediation work at Honeywell site (transfer AB 4270 120,150
to Equipment Rental Fund)
April 7, 2008 Meeting:
Abatement of dangerous home at 5075 WMW AB 4284 85,000
June 16, 2008 Meeting:
Sewer lake line construction (transfer to Sewer AB 4321 1,000,000
Utility Fund)
Funding for EMW Shoulders project in 2009-2010 AB 4321 250,000
(transfer to Street Fund)
LEOFF I long-term care reserve contribution AB 4321 150,000
NORCOM operations funding for 2012 (transfer AB 4321 112,000
to Technology & Equipment Fund)
Jail contracts with Yakima County and Issaquah AB 4321 89,000
2008 sustainability work program AB 4321 60,000
Contracted legal services (special issue work) AB 4321 40,000
Fire apparatus repair AB 4321 35,331
Pioneer Park forest health survey (transfer to AB 4321 35,000
Capital Improvement Fund)
Planned fire apparatus sinking fund contribution AB 4321 22,000
Remaining uncommitted balance 166,519
Total $ 2,308,031
All other expenditures are either within expected norms through the second quarter of the year
or too insignificant to highlight.
AB 4352
Exhibit 1
Page 9
Projected 2008 Surplus
Looking forward, the 2008 General Fund surplus is projected to be about $1.0 million,
primarily due to the net effect of the following revenues:
• Extraordinary sales tax receipts ($453,000);
• All other sales tax receipts ($400,000 increase relative to budget, excluding the
extraordinary receipts);
• Utility tax receipts ($250,000 increase relative budget);
• EMS levy/fees ($150,000 increase relative to budget);
• Recreation program fees, excluding ballfield user fees related to the South Mercer
artificial turf field ($25,000 increase relative to budget);
• Court fines ($70,000 increase relative to budget); and
• Development-related fees ($350,000 decrease relative to budget).
AB 4352
Exhibit 1
Page 10
UTILITY FUNDS
Water Fund
The Water Fund’s operating loss (i.e. operating revenues less operating expenditures) as of
June 30, 2008 is about $118,000, which is significantly worse than the $70,000 operating loss
generated this time last year. It should be noted that posting a modest operating loss
as of mid-year is not unusual given that the high water usage months are July,
August, and September; however, an operating loss in excess of $50,000 at this
point in the year is usually indicative of an unusually wet and/or cool Spring (which
results in a reduction in water usage). See the summary of revenues and expenditures for the
Water Fund in the table below.
WATER FUND: Revenues and Expenditures
As of June 30, 2007 and 2008
Actuals Budget % of Budget
Category 6/30/07 6/30/08 2007 2008 2007 2008
Operating Revenues:
Charges for Services 1,326,446 1,284,478 3,602,545 3,871,881 36.8% 33.2%
Total Operating Revenues 1,326,446 1,284,478 3,602,545 3,871,881 36.8% 33.2%
Operating Expenditures:
Water Purchased for Resale 595,323 551,688 1,620,000 1,650,000 36.7% 33.4%
Maintenance & Operations 801,523 851,097 1,733,637 1,809,883 46.2% 47.0%
Total Operating Expenditures 1,396,846 1,402,785 3,353,637 3,459,883 41.7% 40.5%
Operating Income (Loss) (70,400) (118,307) 248,908 411,998 -28.3% -28.7%
Non-Operating Items:
PW Trust Fund Loan Proceeds 0 0 0 750,000 N/A 0.0%
Water Connection Charges 134,111 90,918 499,250 249,625 26.9% 36.4%
Interest 36,697 21,199 54,690 64,910 67.1% 32.7%
Debt Service (13,731) (13,869) (13,731) (18,901) 100.0% 73.4%
Capital Projects (307,561) (116,898) (1,105,558) (1,612,354) 27.8% 7.3%
Total Non-Operating Items (150,484) (18,650) (565,349) (566,720) 26.6% 3.3%
Net Increase (Decrease) (220,884) (136,957) (316,441) (154,722) N/A N/A
Of particular note are the following:
• Charges for services are only 33.2 percent of budget in 2008 compared to 36.8
percent of budget in the prior year. Trailing the 50.0 percent budget threshold is typical
given that the high water usage months are in the summer, but the extent of this
underage isn’t typical. Despite an average 2008 water rate increase of 8.8 percent,
AB 4352
Exhibit 1
Page 11
actual charges for services are down almost $42,000, or 3.2 percent, in 2008
relative to the prior year. As noted above, this can be wholly attributed to an
unusually wet and cool Spring, which resulted in a 6.8 percent decrease in
water usage compared to the same period in 2007.
• Water purchased for resale is only 33.4 percent of budget in 2008 compared to
36.7 percent of budget in 2007 for the same reasons noted above under “charges for
services”.
• Capital projects are only 7.3 percent of budget in 2008 compared to 27.8 percent
of budget last year. This can be attributed to two factors. One, the construction
season typically doesn’t begin until June. Two, the Emergency Water Well
project, which represents over 70.0 percent of the water utility’s 2008 capital program,
is on hold due to First Hill neighborhood concerns over the sale of a water
utility property, which is the funding source for this project. See the Capital
Improvement Program section of this report for detailed project information.
Sewer Fund
As of June 30, 2008, the Sewer Fund’s operating income is almost $600,000, which is
significantly higher than the almost $512,000 in operating income reported in 2007. See the
summary of revenues and expenditures for the Sewer Fund in the table below.
SEWER FUND: Revenues and Expenditures
As of June 30, 2007 and 2008
Actuals Budget % of Budget
Category 6/30/07 6/30/08 2007 2008 2007 2008
Operating Revenues:
Charges for Services 2,463,497 2,624,218 4,794,066 5,029,252 51.4% 52.2%
Total Operating Revenues 2,463,497 2,624,218 4,794,066 5,029,252 51.4% 52.2%
Operating Expenditures:
METRO Sewer Charges 1,408,261 1,439,034 2,834,000 2,834,000 49.7% 50.8%
Maintenance & Operations 543,701 585,265 1,160,055 1,283,289 46.9% 45.6%
Total Operating Expenditures 1,951,962 2,024,299 3,994,055 4,117,289 48.9% 49.2%
Operating Income (Loss) 511,535 599,919 800,011 911,963 63.9% 65.8%
Non-Operating Items:
PW Trust Fund Loan Proceeds 0 0 0 4,000,000
Sewer Connection Charges 7,368 4,605 0 0 N/A N/A
Interest 181,335 116,280 150,000 150,000 120.9% 77.5%
Debt Service (408,018) (410,932) (408,018) (1,018,716) 100.0% 40.3%
Capital Projects (371,850) (208,961) (8,604,744) (8,852,519) 4.3% 2.4%
Total Non-Operating Items (591,165) (499,008) (8,862,762) (5,721,235) 6.7% 8.7%
Net Increase (Decrease) (79,630) 100,911 (8,062,751) (4,809,272) N/A N/A
AB 4352
Exhibit 1
Page 12
The following are worth highlighting:
• Charges for services are 52.2 percent of budget in 2008 compared to 51.4
percent of budget last year. Relative to 2007, actual charges for services are up
almost $161,000, or 6.5 percent, due to the net effect of an 8.2 percent overall
rate increase in 2008 and a 6.8 percent decrease in water consumption, which
has impacted the “City” portion (i.e. not the METRO portion) of the sewer utility bill paid
by the City’s “commercial” customers.
• Capital projects are only 2.4 percent of budget in 2008 compared to 4.3 percent
of budget in the prior year, because the construction phase of the sewer lake line
project, which constitutes about 85.0 percent of the sewer utility’s 2008 capital
program, won’t be re-bid until the fourth quarter of this year. See the Capital
Improvement Program section of this report for detailed project information.
Storm & Surface Water Fund
The Storm & Surface Water Fund’s operating income as of June 30, 2008 is about
$384,000, which is moderately higher than the $363,000 earned last year. See the summary
of revenues and expenditures for the Storm & Surface Water Fund in the table below.
STORM & SURFACE WATER FUND: Revenues and Expenditures
As of June 30, 2007 and 2008
Actuals Budget % of Budget
Category 6/30/07 6/30/08 2007 2008 2007 2008
Operating Revenues:
Charges for Services 727,058 726,698 1,414,100 1,491,875 51.4% 48.7%
Grants 0 0 0 75,000 N/A 0.0%
Total Operating Revenues 727,058 726,698 1,414,100 1,566,875 51.4% 46.4%
Operating Expenditures:
Maintenance & Operations 363,601 342,332 791,660 894,468 45.9% 38.3%
Total Operating Expenditures 363,601 342,332 791,660 894,468 45.9% 38.3%
Operating Income (Loss) 363,457 384,366 622,440 672,407 58.4% 57.2%
Non-Operating Items:
Fee in Lieu 34,936 17,769 80,000 80,000 43.7% 22.2%
Interest 52,843 39,025 35,000 10,000 151.0% 390.3%
Transfer from Other Funds 0 0 85,000 0 0.0% N/A
Capital Projects (27,568) (111,371) (1,136,694) (1,612,554) 2.4% 6.9%
Total Non-Operating Items 60,211 (54,577) (936,694) (1,522,554) -6.4% 3.6%
Net Increase (Decrease) 423,668 329,789 (314,254) (850,147) N/A N/A
AB 4352
Exhibit 1
Page 13
In particular, the following are noteworthy:
• Charges for services are 48.7 percent of budget in 2008 compared to 51.4
percent of budget last year, because the originally adopted budget assumed a 5.5
percent rate increase in 2008, which wasn’t ultimately approved. Instead, the 2007
stormwater rates remained fixed for 2008. As a result, actual charges for
services are flat this year compared to 2007.
• Maintenance and operations are only 38.3 percent of budget in 2008 relative to
45.9 percent of budget last year, because the following is slated for the second half of
the year: 1) contracted stormwater maintenance work (most of the $130,000
budget); and 2) implementation of the National Pollution Discharge Elimination
System (NPDES) Phase 2 permit ($75,000 budget).
• Capital projects are only 6.9 percent of budget in 2008 versus 2.4 percent of
budget in 2007, because the construction season typically doesn’t begin until
June. See the Capital Improvement Program section of this report for detailed project
information.
AB 4352
Exhibit 1
Page 14
ALL OTHER FUNDS
Highly summarized revenue and expenditure information is displayed for all other funds in the
table below.
ALL OTHER FUNDS: Revenues and Expenditures
As of June 30, 2007 and 2008
Fund Actuals Budget % of Budget
Name 6/30/07 6/30/08 2007 2008 2007 2008
Self Insurance Claim
Revenues 8,242 0 37,242 10,000 22.1% 0.0%
Expenditures 14,209 0 37,242 10,000 38.2% 0.0%
Youth Services Endowment
Revenues 7,819 4,787 15,000 16,000 52.1% 29.9%
Expenditures 0 0 15,000 16,000 0.0% 0.0%
Street
Revenues 819,647 1,997,022 1,431,586 2,198,730 57.3% 90.8%
Expenditures 172,761 624,219 3,305,653 4,431,078 5.2% 14.1%
Criminal Justice
Revenues 272,466 327,860 541,700 561,900 50.3% 58.3%
Expenditures 214,339 378,073 514,715 722,399 41.6% 52.3%
Beautification
Revenues 73,245 77,793 330,000 334,000 22.2% 23.3%
Expenditures 111,632 112,747 675,294 329,200 16.5% 34.2%
I-90 Landscape Maintenance
Revenues 202,895 210,801 448,884 473,556 45.2% 44.5%
Expenditures 178,252 201,484 481,443 502,990 37.0% 40.1%
Contingency
Revenues 50,541 32,160 100,686 105,721 50.2% 30.4%
Expenditures 0 0 0 0 N/A N/A
Municipal Arts
Revenues 0 0 101,000 109,000 0.0% 0.0%
Expenditures 0 3,275 5,000 65,000 0.0% 5.0%
Youth & Family Services
Revenues 777,967 817,345 1,567,147 1,664,661 49.6% 49.1%
Expenditures 781,126 852,314 1,689,381 1,838,991 46.2% 46.3%
Bond Redemption (Voted)
Revenues 346,093 218,664 666,576 666,576 51.9% 32.8%
Expenditures 39,461 20,731 823,927 656,463 4.8% 3.2%
AB 4352
Exhibit 1
Page 15
ALL OTHER FUNDS: Revenues and Expenditures (Cont'd)
As of June 30, 2007 and 2008
Fund Actuals Budget % of Budget
Name 6/30/07 6/30/08 2007 2008 2007 2008
Bond Redemption (Non-Voted)
Revenues 227,094 224,238 367,333 366,496 61.8% 61.2%
Expenditures 227,094 224,238 367,333 366,496 61.8% 61.2%
Capital Improvement
Revenues 1,174,701 907,088 1,796,100 2,606,359 65.4% 34.8%
Expenditures 528,678 2,082,901 3,643,637 4,931,708 14.5% 42.2%
Technology & Equipment
Revenues 125,000 237,000 2,336,000 264,830 5.4% 89.5%
Expenditures 72,428 132,698 2,907,669 659,723 2.5% 20.1%
Capital Reserve
Revenues 280,936 87,343 448,845 180,000 N/A 48.5%
Expenditures 0 83,452 1,320,000 1,160,452 0.0% 7.2%
Community Center Construction
Revenues 0 0 0 0 N/A N/A
Expenditures 13,963 118,364 506,712 151,890 2.8% 77.9%
Equipment Rental
Revenues 670,991 778,596 1,064,705 1,292,420 63.0% 60.2%
Expenditures 1,028,551 1,137,659 2,535,614 2,858,174 40.6% 39.8%
Computer Equipment
Revenues 272,239 272,258 471,717 471,717 57.7% 57.7%
Expenditures 213,395 354,212 466,194 504,882 45.8% 70.2%
Firemen's Pension
Revenues 50,681 41,343 72,000 72,000 70.4% 57.4%
Expenditures 27,667 29,573 71,500 82,500 38.7% 35.8%
In reviewing revenues and expenditures as of June 30th, the following funds warrant further
attention:
• Street Fund:
o Total actual revenues are up 143.6 percent in 2008 compared to the prior
year due to the net effect of the following: 1) transfer in of $1.4 million in
2007 surplus revenues from the General Fund and the Capital Improvement
Fund for the East Mercer Way Shoulders project; 2) STP grant ($726,000),
which is a funding source for the SE 40th Street Corridor Improvements project,
hasn’t been received yet; and 3) real estate excise tax receipts are down
about $214,000 this year due to a huge decline in the number of real
estate sales.
AB 4352
Exhibit 1
Page 16
o Total actual expenditures are only 14.1 percent of budget in 2008
compared to 5.2 percent of budget in 2007. This is reflective of the
construction season, which usually begins in June. Of particular note are
the following projects: 1) the construction phase of the Town Center
Streets—76th Avenue project ($1,043,830 budget vs. $314,196 actual)
commenced in May and will be completed in August; 2) the construction phase
of the SE 40th St Corridor Improvements project ($1,448,528 budget vs.
$111,392 actual) began in late July; and 3) the North Mercer Way
Resurfacing project ($500,000 budget vs. $1,844 actual) will be completed by
the end of August. See the Capital Improvement Program section of this report
for detailed project information.
• Criminal Justice Fund:
o Total actual revenues are up 20.3 percent, or about $55,000, in 2008
due to an unexpected receipt of $51,000 from the Eastside Narcotics
Task Force (ENTF).
• Beautification Fund:
o Total actual revenues are 23.3 percent of budget in 2008 compared to
22.2 percent of budget in 2007 due to a change in the quarterly filing
threshold from $100,000 to $1,000,000 in annual gross receipts that took effect
in 2006. As a result, about 98 percent of the City’s registered businesses
now file an annual B&O tax return that isn’t due until January 31st of
the following year. It should be noted that a new law regarding the “allocation”
and “apportionment” of income for B&O tax purposes took effect on January 1,
2008. Simply put, wholesale and retail sales of tangible personal property should
be allocated to the “point of delivery” rather than the “point of sale”. In
addition, income earned by “service” and “other” types of businesses should be
apportioned using a two factor formula based on payroll and service income.
Through June 30, 2008, there is no evidence of an impact to the City’s
B&O tax revenues, but staff really won’t know until February 2009
(given that most of the 2008 B&O tax revenues will be received in Jan 2009).
o Total actual expenditures are 34.2 percent of budget in 2008 compared
to 16.5 percent of budget in the prior year, because the maintenance of
medians and planters in the Town Center ($117,000 budget vs. $38,811
actual) takes place during the summer months and the planned interfund
transfer to the I-90 Landscape Maintenance Fund ($62,000 budget vs. $0
actual) doesn’t occur until year-end.
• Capital Improvement Fund:
o Total actual revenues are only 34.8 percent of budget in 2008 compared
to 65.4 percent of budget in 2007 due to the following: 1) downturn in the real
estate market resulting in a $394,000 drop in real estate excise tax
receipts; 2) $403,000 in budgeted grant revenues haven’t been received
yet; and 3) almost $73,000 from a King County parks levy won’t be
received until the third quarter of the year.
AB 4352
Exhibit 1
Page 17
o Total actual expenditures are 42.2 percent of budget in 2008 versus 14.5
percent of budget last year primarily due to a $1.15 million transfer of 2007
surplus REET revenue to the Street Fund for the East Mercer Way
Shoulders project. More typically, actual expenditures are 15-25 percent of
budget at this point in the year, because the construction season for many
projects doesn’t begin until June as previously mentioned. See the Capital
Improvement Program section of this report for detailed project information.
• Technology & Equipment Fund:
o Total actual expenditures are only 20.1 percent of budget in 2008 versus
2.5 percent of budget in 2007 because of the following: 1) Network
Administrator position was vacant for almost 3 months (which resulted in
a temporary 50 percent staffing reduction); 2) Council Meeting Cable
Broadcast equipment ($117,515 budget vs. $12,873 actual) was mostly
purchased and installed in July; and 3) one-time technology and start-up
costs related to NORCOM ($226,940 budget vs. $71,296 actual) will be
spread over the next two years.
• Capital Reserve Fund:
o Total actual expenditures are only 7.2 percent of budget in 2008 versus
0.0 percent of budget last year, because the $1.0 million designated by the
Council for the Boy’s and Girl’s Club has not been spent yet.
All other variances are either within expected norms for the midpoint of the year or otherwise
too insignificant to highlight.
AB 4352
Exhibit 1
Page 18
CAPITAL IMPROVEMENT PROGRAM
This section of the Financial Status Report includes a comprehensive overview of the City’s
capital improvement program (CIP), with a more detailed look at real estate excise tax receipts,
highlights of particularly notable projects, and a Project Management Report (see Exhibit 2),
which provides an update on the status of every CIP project.
Financial Overview
At this point, three quarters of the way through the 2007-2008 biennium, most of the projects
planned for the biennium have been started and about half are well underway or have been
completed. Of the projects that were slated for construction in 2008, about half of them are
just getting started as of June. In aggregate, CIP-related expenditures are 30.0
percent of the adopted biennial budget, which breaks down as follows:
• Capital Reinvestment Plan (CRP): 25 percent of biennial budget
• Capital Facilities Plan (CFP): 47 percent of biennial budget
These percentages are skewed by the Sewer Lake Line project (budgeted at $15.0 million),
which is on hold pending the results of the peer review and design analysis, and by the $1.0
million that is designated for the Boy’s and Girl’s Club. Excluding these two projects, CIP-
related expenditures are 49 percent of the biennial budget, which breaks down as
follows:
• Capital Reinvestment Plan (CRP): 47 percent of biennial budget
• Capital Facilities Plan (CFP): 54 percent of biennial budget
About $40.8 million in projects (including $15.0 million for Sewer Lake Line construction, $6.4
million for street projects, and $1.0 million for the Boy’s & Girl’s Club) were planned for the
biennium. On average, CIP projects are 55 percent complete relative to a 75.0 percent
target, primarily reflecting delay in the construction of the Sewer Lake Line project.
Real Estate Excise Tax (REET)
REET is the 0.5 percent tax paid by the seller in property transactions, and its use is restricted
by state law for specific capital purposes. REET is the largest revenue source in the Capital
Improvement Fund, which pays for reinvestment in City buildings, parks, and open space. In
addition, REET provides about half of the funding in the Street Fund.
Looking at actual receipts, REET is down almost $550,000, or 35.5 percent, through
June 2008 compared to last year mostly due to a 40 percent decline in home sales (142
sales as of June 2008 vs. 234 sales as of June 2007). For 2008, REET revenue is projected
to hit $2.2 million, which is $432,000 below the budgeted amount, as illustrated in the
graph below. However, with actual REET revenue exceeding budget by $621,000 in 2007 and
with the recent sale of Island Square, which generated $555,000, there is no need to delay
AB 4352
Exhibit 1
Page 19
any projects in the adopted 2007-2008 CIP budget. Below is a graph of the City’s
historical REET revenues from 1997 through 2007 as well as budgeted vs. forecasted REET
revenues for 2008.
REET Revenue
1997-2007 Historical and 2008 Budgeted vs. Forecasted
$3,500,000
2 ,9 3 0 ,2 7 4
2 ,7 8 3 ,5 6 7
$3,000,000
2 ,5 0 4 ,0 5 4
2 ,7 0 8 ,6 5 5
$2,500,000 2 ,6 3 2 ,0 0 0
1,9 7 0 ,7 8 8
$2,000,000 2 ,2 0 0 ,0 0 0
1,6 12 ,7 18
1,8 3 0 ,0 0 0
$1,500,000
1,6 2 1,6 5 5 1,5 0 6 ,17 6
1,2 7 1,3 16
$1,000,000 1,17 3 ,0 9 5
$500,000
$0
1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
A c t ua l a nd B udge t
F o re c a s t
REET can be a volatile revenue source as its base (home sales) is highly dependent on
economic conditions and interest rates. Amidst low interest rates, REET receipts hit consecutive
all time highs in 2005 (excluding the $1.0 million in extraordinary REET revenue from the sale
of several commercial properties), 2006, and 2007, as displayed in the graph above.
However, in 2008, the number of real estate sales has plummeted, after declining
significantly in 2007, as noted in the table below. Consequently, staff has adjusted its 2008
REET forecast twice to reflect the downturn in the real estate market—the first time in March
2008 as part of the 2009-2014 CIP Budget Kick-Off presented to Council, and the second time
in August 2008 as part of this report.
Surprisingly, the most recent REET forecast for 2008 is the same as the March 2008
forecast of $2.2 million, despite the precipitous drop in the number of sales from 441 in
2007 to an estimated 241 in 2008. What has made up the difference are the following:
1) an increase in the average sales price from $1.19 million in 2007 to $1.28 million
in 2008, and 2) the sale of Island Square and several high end (i.e. in excess of $5.0
million) residential homes. Below is a table which splits REET into residential sales that are
under or equal to $5.0 million and commercial/residential sales that are over $5.0 million for
2005-2008.
AB 4352
Exhibit 1
Page 20
2005 2006 2007 2008(Mar) 2008(Aug)
Year: Actual Actual Actual Forecast Forecast
Average Sales Price $ 905 $ 989 $ 1,188 $ 1,100 $ 1,282
Change in Average Sales Price 8.0% 9.3% 20.1% -7.4% 7.9%
Number of Sales 590 548 441 400 241
REET Revenue from Residential Sales $5M $ 1,118 $ 86 $ 378 $ - $ 655
Total REET Revenue $ 3,709 $ 2,776 $ 2,846 $ 2,200 $ 2,200
Project Highlights
Street Construction – North Mercer Way
On July 21, 2008 Council awarded a
construction contract to Lakeridge
Paving Company for resurfacing of
North Mercer Way between Island
Crest Way and 76th Avenue SE. Paving
work on North Mercer Way was
finished on the evening of August 15th.
Pavement markings were installed on
August 22nd. Traffic curbing, raising
utility castings to the new asphalt
surface, and final signal adjustments
are expected to be complete by the
end of August.
Road construction was completed in only four weeks, which was two weeks sooner than
anticipated. Major traffic disruptions (i.e. detours, intersection closures, and transit changes)
lasted only 7 days as a result on the contractor working longer hours to minimize impacts to
transit traffic around the Park and Ride facility.
Island Crest Trail
The Island Crest trail located along the
west side of Island Crest Way from SE 78th
Street to SE 71st Street is now open for
use. In June of this year, the City Council
directed staff to complete the Island Crest
Trail construction by Labor Day, and
appropriated an additional $35,000 to the
project, bringing the project budget to
$135,000. The half-mile-long trail formally
opened at the end of July. The construction
cost is expected to be well under the
approved budget.
AB 4352
Exhibit 1
Page 21
Staff also applied for and received funding from the King Conservation District for landscaping
along the trail. In June, City staff and neighbors met to discuss a landscaping design concept.
Landscaping design will proceed through August, with a presentation of the design to City
Council tentatively scheduled for Oct. 6th. Planting is scheduled to start around the end of
October.
This trail is a visible example of the community’s commitment to healthy lifestyles and to
reducing its carbon footprint.
AB 4352
Exhibit 1
Page 22
BUDGET ADJUSTMENTS
In the interest of administrative ease, a budget amending ordinance is prepared and submitted
to the Council quarterly, if needed, along with the Financial Status Report. Budget adjustments
are divided into three groups: 1) those previously approved by the Council but not formally
adopted via a budget amending ordinance; 2) new requests; and 3) carryover requests. The
second category typically encompasses financial housekeeping items, minor requests, and
unanticipated expenditures that the City had to incur and was unable to absorb within the
authorized budget.
Budget adjustments previously approved but not formally adopted via a budget amending
ordinance by the Council are summarized in the table below.
Agenda Council Budget Funding
Fund Dept Description Bill Meeting Year Amount Source
General Parks & King County 4 Culture Grant for AB 4349 9/2/2008 2008 $8,200 King County 4
Rec Arts Council Programs Culture grant
Street DSG Pedestrian & Bicycle Plan Update AB 4258 1/22/2008 2008 $75,000 Unapp. beginning
fund balance
Maint East Mercer Way Phase 6 Design AB 4310 6/2/2008 2008 $75,000 Unapp. beginning
Project (Included in Adoption of fund balance
6 Year TIP)
Island Crest Way/Merrimount AB 4310 6/2/2008 2008 $541,000 Unapp. beginning
Improvements Project (Included fund balance
in Adoption of 6 Year TIP)
SE 40th St. Improvements AB 4318 6/16/2008 2008 $301,765 Unapp. beginning
Project (Bid Award) fund balance
2008 North Mercer Way Re- AB 4333 7/21/2008 2008 $70,000 Unapp. beginning
Surfacing Project (Bid Award) fund balance
Criminal Police Taser Funding AB 4335 7/21/2008 2008 $18,000 Unapp. beginning
Justice fund balance
(2007 federal
seizure money)
CCMV Bldg Parks & Community Center Parking Lot AB 4326 7/7/2008 2008 $43,570 Unapp. beginning
Construction Rec Repair fund balance
Equipment Fire Authorization to Purchase 2 Used AB 4316 7/7/2008 2008 $260,000 Fire apparatus
Rental Maxi Pumpers & Make Minor sinking fund
Upgrades balance
A budget amending ordinance is attached as Exhibit 3.
AB 4352
Exhibit 1
Page 23
2007-2008 CIP - PROJECT MANAGEMENT REPORT (Biennium) --- Project Expenditures Reported as of 6/30/2008
APPROVED EST.
PROJECT BUDGET TOTAL EXPENDED % EXPEND COMPLTN % WORK
NUMBER PROJECT NAME PROJECT MANAGER (2007-2008) (as of 6/30/08) TO DATE DATE COMPLETE PROJECT STATUS & COMMENTS
CAPITAL REINVESTMENT PLAN
PARKS, RECREATION AND OPEN SPACE
Hazard trees where removed; the area was leveled, chipped and replanted by volunteers from Rotary. Other improvements included a new paver plaza, repairs
WP500B Rotary Park - Council Special Project (2006 c-o) M. Elde $64,471 $64,343 100% 12/7/08 100% to the concrete, trail improvements and planting new trees.
Three information Kiosks and six pathway lights that lead you from the main parking lot to the administration building have been installed and are up and
WP503R Luther Burbank Park Improvements (2006 c-o) M. Elde $71,932 $25,252 35% 10/15/08 90% running. Three lights will be installed above all entrance doors to the building in late August.
WP504P Island Crest Park Master Plan (2006 c-o) P. Mayer $18,000 $141 1% 12/08 2% Anticipate late 2008 project initiation or defer to 2009 work plan item, following completion of Ballfield Use Analysis.
12.3 acres of invasives removed, 3 ac. of ivy survival rings, 22.5 ac. of restoration maintained, '06 Hanukkah storm damage mitigation 100% completed, 1435
WP122R Vegetation Management P. West $683,000 $360,039 53% 12/08 60% trees and 875 shrubs planted winter '08; Bidding of '08 maintenance and new project work completed.
Boat launch ticket machine was installed in October. New playground was installed in Area B of the Lid in December. Construction of portable toilet inclosure is
WP701R I-90 Park Improvements M. Elde $89,000 $80,005 90% 12/08 90% scheduled to happen in late 2008.
This fund supported several projects, including infield repair at South Mercer Playfields, restroom fixture upgrades for southend parks, park furniture repair,
WP720R Recurring Park Projects K. Kerner $200,000 $119,482 60% 12/08 60% Summer Celebration! signage and eagle scout projects at Groveland and Clarke Beaches.
Playgrounds at Secret and First Hill replaced. Hazard trees removed from Secret Park. Turf rehab and vegetation management completed in Wildwood Park.
WP721R Minor Park Repairs M. Elde $184,250 $138,075 75% 10/8/08 90% Minor repairs to docks and railings at Groveland and Clarke planned for Fall 2008.
Backstop has been replaced and fence repairs have been completed. Leveling of the field, irrigation and drainage upgrades and new turf will be completed by
WP801R Lakeridge Field Renovation M. Elde $54,000 $799 1% 12/08 15% September by parks and school district staff. The field will open for use in the spring of 2009.
STREETS, PEDESTRIAN AND BICYCLE FACILITIES
Pavement repairs on selected areas of East Mercer, West Mercer and Island Crest Ways were performed in July 2007. Remaining arterial preservation budget
WR110R Arterial Streets Preservation C. Morris $94,670 $46,454 49% 10/08 50% will be used in summer 2008 on additional repair work, including crack sealing.
In 2007, completed 8,700 LF of fog line and bike lane striping, repaired stop bars and crosswalks at major intersections in the Town Center and major arterials
WR111R Pavement Markings B. Sansbury $40,000 $24,758 62% 12/08 50% (ICW and N, E, W Mercer Ways). Waiting on contractor's schedule for 2008 work.
Resurfacing work on two residential streets (SE 42nd Place and SE 71st Street) was performed in July 2007. Completed project was accepted by Council in
WR701R Residential Street Preservation C. Morris $286,060 $276,321 97% 10/07 100% November 2007.
Resurfacing of two substandard streets (portions of 64th Ave and SE 71st St) was performed in July 2007 as part of WR701R. Completed project was accepted
WR705R Substandard Streets C. Morris $78,850 $76,318 97% 10/07 100% by Council in November 2007. A third street (SE 87th) was resurfaced in September 2007.
Resurfacing work on SE 68th was performed in July and entire project completed by Labor Day. Completed project was accepted by Council in November
WR710R Arterial Street Preservation - SE 68th Overlay C. Morris $271,670 $210,768 78% 10/07 100% 2007.
WR515R North Mercer Design / Arterial Street (2006 c-o) C. Morris $23,746 $5,406 23% 7/08 100% Design work for North Mercer Way Resurfacing (Island Crest Way to 76th Avenue) completed in June 2008. Construction bids are due July 2, 2008.
Design is complete (see project WR515R). Council authorized bidding in June and a contract is to be awarded in July. Construction is scheduled to occur in
WR711R
WR518R / North Mercer Way Resurfacing C. Morris $500,000 $2,623 1% 10/08 0% August and September 2008.
WR712R / Project design and permitting complete, relocation of PSE poles at SE 40th underway, project bid and awarded to the Construct Co. Anticipate end of July 2008
WR713R SE 40th Street Corridor Improvements J. Weiser $1,876,765 $237,865 13% 1/09 13% for construction start.
Data collection completed Feb. 2008. Community meeting held in April to present alternatives. Council study session held in May. During TIP process, Council
WR714R ICW and Merrimount Traffic Improvements A. Tonella-Howe $85,000 $81,870 96% 8/08 100% recommended pursuing the alternative to reconfigure the ICW corridor between SE 42nd and SE 53rd.
In May during TIP process Council recommended alternative to reconfigure the ICW corridor between SE 42nd and SE 53rd to include 3-lane section with bike
WR714S ICW Corridor Reconfiguration A. Tonella-Howe $541,000 $0 0% 12/08 0% lanes and improved pedestrian crossings. Began negotiation for consultant scope and fee.
WR715R 72nd Avenue Road Impvts- SE 24th to SE 32nd J. Weiser $503,000 $9,465 2% 12/09 2% Identified outside firm to complete the design. Construction will follow completion of First Hill water improvements.
Project rebuilds 76th from SE 27th to 3000 block with new curbs, sidewalks, and paving. Bids were received and a contract awarded in April. Construction
WR720R Town Center Streets - 76th Avenue C. Morris $1,171,830 $441,997 38% 9/08 50% began in May. Project should be substantially completed by early August.
Conceptual layout for signals and conduit is complete. Signal design will start in the fall. Council added construction of signals for next year in 2009-2014 TIP
WR721R Town Center Traffic Signals P. Yamashita $100,000 $1,913 2% 12/08 5% adopted in June. Signals will be located on SE 27th St. at 77th Ave. SE and 78th Ave. SE.
P. Yamashita Design work is 95% complete. Construction of plaza project will be completed by developers of 7700 Central and 7800 Plaza projects at their expense as part
WR522R 78th Avenue SE Town Center Plaza P. Mayer $51,394 $41,055 80% 12/08 90% of a negotiated agreement. Private development construction of plaza is expected to be in 2009.
Design of guardrails in several locations on East Mercer Way is 90% complete. Design is being performed by King County. Project will be added to county-
WR730R Guardrail Development P. Yamashita $90,000 $6,370 7% 12/08 10% wide guardrail installation project. Construction to be completed by end of 2008.
AB 4352
Exhibit 2
Page 24
2007-2008 CIP - PROJECT MANAGEMENT REPORT (Biennium) --- Project Expenditures Reported as of 6/30/2008
APPROVED EST.
PROJECT BUDGET TOTAL EXPENDED % EXPEND COMPLTN % WORK
NUMBER PROJECT NAME PROJECT MANAGER (2007-2008) (as of 6/30/08) TO DATE DATE COMPLETE PROJECT STATUS & COMMENTS
Construction of new asphalt shoulder from 4600 block to SE 53rd Place completed in October and November 2007. Council accepted completed project in
WR731R EMW Shoulders - Phases 4 and 5 C. Morris $420,000 $390,949 93% 2/08 100% February 2008.
Project added as part of TIP adoption. The initial $75,000 is intended to allow staff to start design but is contingent on securing project management resources.
EMW Shoulders - Phases 6 and 7 Design TBD $75,000 $0 0% 12/08 0% No project management resources have been secured as of June 30th due to market conditions.
A new "gap completion" pedestrian walkway was constructed along 84th Ave. SE from Lakeridge to SE 80th St. in 2007. 2008 funding of $35,000 was added to
WR740R Pedestrian and Bicycle Facilities N. Fairchild $35,000 $33,872 97% 9/08 100% the ICW Trail project (WR741R) per Council direction.
Completed trail site preparation. Staff applied for King County Conservation landscaping grant, worked with neighborhood and volunteers for trail construction
WR741R Island Crest Way Trail (SE 71st to 78th) J. Weiser $135,000 $59,296 44% 12/08 50% and to participate in planting.
WR742R 72nd Avenue Trail - SE 24th to SE 32nd J. Weiser $137,000 $1,726 1% 12/09 1% Identified outside firm to complete trail design. Project will be split into 2 phases with Phase I to be completed fall 2008, Phase II after waterline project in 2009.
WR750S Intersections Analysis N. Fairchild $30,000 $0 0% 12/08 0% Project is on hold until the Transportation Planner position is filled.
WR751R Mercerway Signage N. Fairchild $5,000 $0 0% 12/08 0% Project is on hold until the Transportation Planner position is filled.
GENERAL GOVERNMENT
Landscaping improvements at front entry completed. HVAC upgrades to most critical units 90% completed. Security improvements to the Police Division in
WG101R City Hall Building Repairs M. Olson $202,000 $117,895 58% 12/08 50% progress.
WG102R Maintenance Building Repairs M. Olson $198,000 $63,391 32% 12/08 40% Park Team Space remodel 80% complete. Wood stairs between the bridge and building replaced with concrete steps.
WG103R South Fire Station Building Repairs M. Olson $63,000 $34,126 54% 12/08 55% Installation of used generator (from Community Center) in progress.
In store surveillance system for building security completed and sales fixture purchases completed. Volunteer kitchen dishwasher purchased and installed.
WG104R Thrift Shop Building Repairs M. Olson $49,000 $10,692 22% 12/08 25% Flooring repair/replacement in progress.
Purchase and installation of larger sized (200 KW) emergency generator completed to be able to provide a fully operational emergency shelter at the CCMV.
WG105R Community Center Building Repairs M. Olson $23,000 $60,776 264% 12/08 85% See project XG320W for additional funding for generator project.
WG106R North Fire Station Building Repairs M. Olson $49,000 $9,914 20% 12/08 20% Internal signage upgraded. Essential dorm furnishings purchased and roof repairs made. Exterior painting in progress.
WG107R Luther Burbank Admin Building Repairs M. Olson $128,000 $78,368 61% 12/08 50% HVAC upgrade completed to improve air flow for heating and cooling. Lighting and kitchen improvements in progress.
WG110T Computer Equipment Replacements M. Kaser $260,000 $266,178 102% 12/08 95% 2007 replacments completed included 37 workstations, 4 servers, and 1 printer. In 2008, 3 servers and 30 workstations were replaced.
Purchased a fixed asset accounting system, converted fixed asset records and implemented the new system. Development of new budget reports are in
WG113T Financial System Enhancement F. Lake $35,000 $5,268 15% 12/08 70% process. Plan to upgrade software or main cash register system at City Hall in November 2008.
WG510T Client Tracking System D. Franklin $15,000 $170 1% 12/08 35% Reviewed data package (off the shelf) most appropriate for YFS. Exploring funding options to allow for implementation by year's end.
WG514T CRM / Disaster Recovery (2006 c-o) M. Kaser $12,500 $3,705 30% 12/08 0% This project to develop a documented recovery plan has been incorporated into the City's technology operations planning and will not be implemented.
Successfully installed fiber to Station 91, Thrift Store, and the MI School District Administration Building. As a result, the City is currently saving about $720 per
WG518T Fiber to Remote Sites (2006 c-o) M. Kaser $49,235 $49,235 100% 10/07 100% month in telecommunications cost.
Equipment purchase and installation occurred late in 2006 in conjunction with construction of the Community Center. The final phase of implementation
WG531T CCMV - Gov't TV Broadcast Equip (2006 c-o) P. Mayer $8,458 $8,536 101% 12/08 100% (training on use of the cable broadcast equipment) was received in March 2007.
Cable broadcasting equipment was ordered and received. Installation started. Previously purchased equipment was moved from CCMV to City Hall.
WG701T Council Meeting Cable Broadcast J. Johnston $117,515 $12,873 11% 12/08 45% Scheduled to broadcast first Council Meeting on July 21, 2008.
WG702T Document Management M. Kaser $70,000 $4,261 6% 12/08 40% Procurement is near completion with contractual efforts under way. This project is ontime and on budget with expected implementation by October 1st.
WG705T Network Upgrades M. Kaser $70,000 $69,591 99% 12/08 100% Implemented a standardized network that now supports both the City's data and voice networks.
New orthophotography was captured Mar. 2007. Delivery of primary photography and derived layers (edge of road, driveway; building outlines) was delivered
WG706T High Accuracy Orthophotos M. Onzay $60,000 $41,056 68% 12/08 100% Oct. 2007. Data review was completed Feb. 2008.
AB 4352
Exhibit 2
Page 25
2007-2008 CIP - PROJECT MANAGEMENT REPORT (Biennium) --- Project Expenditures Reported as of 6/30/2008
APPROVED EST.
PROJECT BUDGET TOTAL EXPENDED % EXPEND COMPLTN % WORK
NUMBER PROJECT NAME PROJECT MANAGER (2007-2008) (as of 6/30/08) TO DATE DATE COMPLETE PROJECT STATUS & COMMENTS
Implemented a Shoretel Voice over IP system. This new system takes advantage of the City's existing data infrastructure creating long term cost savings by not
WG707T Phone System Replacement M. Kaser $250,000 $250,076 100% 12/07 100% having to maintain separate voice and data networks.
WG708T Projection Equip. for Conference Room M. Kaser $15,000 $15,598 104% 9/07 100% Equipped two additional conference rooms at City Hall with basic projection equipment to facilitate meetings and other conference room use.
WG709T Technology Strategic Plan M. Kaser $70,000 $71,519 102% 12/08 100% The technology strategic plan is complete and has already assisted in budget planning and CIP project planning.
WG710T Unified Address Database M. Onzay $25,000 $28,602 114% 12/08 100% The address database is complete. An address editing application has been integrated with the City's Geographic Information System (GIS).
Preliminary research completed, conversion to service-based website navigation to be started in 2008. Staff is considering holding funds over until 2009-2010
WG711T Website Redesign A. Spietz $10,000 $0 0% 12/08 0% biennium for new project in order to choose new website vendor.
WG712T Web Based Park and Trail Map P. Mayer $5,000 $3,239 65% 12/08 0% Awaiting further web development work from eGov Alliance trail work group. Additional enhancements to web trail search engine due by Q4 2008.
Sixteen of the 22 replacements scheduled for this year have been completed. Six replacements were deferred to a future biennium after it was determined they
WG130E Vehicle Replacements G. Boettcher $2,516,000 $1,789,179 71% 12/08 100% were non-essential.
WG550R Fuel Clean Up (2006 carry-over) G. Boettcher $432,771 $366,447 85% 12/08 90% The fifth Compliance Monitoring Event Report was completed in April.
WG850R Fleet Biodiesel Conversion G. Boettcher $45,000 $0 0% 12/08 10% A proposal for a 4000-gallon UL 2085 Firewall tank was received and is being evaluated.
Audio and visual upgrades made to interview room. Additional equipment purchased includes new evidence storage lockers, a firearms trailer, storage
WG132E Police Equipment E. Holmes $48,000 $34,271 71% 11/08 95% cabinets, office furniture, traffic vests and rifles.
Purchases include Marine Patrol breathing apparatus, MP infrared, in-car video cameras, SECTOR e-ticket hardware. Still outstanding are purchases for the
WG132G Equipment - Seizure Funded E. Holmes $140,000 $104,705 75% 12/08 85% crime scene photographer camera equipment and less-than-lethal SAGE replacements.
Purchasd and installed AV equipment (smart board and electronic announcement system). Purchases of equipment for new fire trucks and vehicles,
WG131E Fire Division Equipment C. Tubbs $68,000 $11,492 17% 12/08 30% emergency lighting upgrades and technology for meeting rooms are in process.
WG703T EMAC Database C. Tubbs $7,000 $7,111 102% 12/08 100% Replacement database of residential information for the Neighborhood Preparedness Program has been fully developed and will be deployed in 2008.
28 SCBA's, new breathing air bottle refill station, and associated equipment and supplies were purchased. Training has been conducted and all SCBA
WG730E Self Contained Breathing Apparatus (SCBA) C. Tubbs $300,000 $299,128 100% 12/07 100% equipment has been placed in service.
WATER UTILITY
The draft 2008 WSP completed SEPA determination and agency review in Feb & March. Response to agency review comments and the 2nd reivew by the
WW101P Water System Comp Plan R. Lin $103,000 $100,943 98% 07/08 95% DOH were complete by mid June. Final 2008 WSP scheduled for Council adoption in July.
Current model update was completed at the end of 2007. A relatively small amount of water system improvements are anticipated in 2008. Therefore, little or
WW102P Water Model and Fire Flow Analysis R. Lin $37,864 $23,437 62% 12/08 90% no model updates are anticipated.
WW710R Water Sys Improvements SE 40th J. Weiser $116,915 $4,333 4% 01/08 4% Construction to be completed in conjunction with the SE 40th Street Improvement project (WR712R). Contract awarded to Construct Co.
Additional water modeling indicated that the fire flow capacity in the southeast quadrant of the Island is sufficient. As a result, this project was cancelled.
WW711R Fire Flow Improvements - PRV at SE 68th R. Lin $7,000 $7,053 101% 12/08 100% Funding of $180,000 was transferred to WW714R for the 76th Ave SE Water System Improvements.
The construction of the First Hill Water System Improvements has been divided into 2 different scopes, with the majority of the work is delayed for a year.
WW712R First Hill Booster Pump Station Upgrades R. Lin $30,000 $8,689 29% 09/08 0% Subsquently the pump station upgrade has been rescheduled to 2010.
IFT402 / Due to high contractor bid prices, this work has been completed by in-house staff. Staff anticipates completing at least 6 hydrant replacements by the end of
WW713R Hydrants and Water System Components R. Lin $106,000 $37,025 35% 12/08 35% 2008.
WW714R 76th Ave SE Water System Improvements R. Lin $180,000 $156,962 87% 1/08 100% All work for this contract completed in January. Retainage to the contractor was released in late April or early May.
Negotiating scope of work and fees for design work. Anticipate start of design in July. $70K for design only was transferred from the Pump Station Upgrade
WW715R 72nd Ave SE Water System Improvements R. Lin $70,000 $232 0% 2/09 0% project (WW712R). Construction planned for 2009.
AB 4352
Exhibit 2
Page 26
2007-2008 CIP - PROJECT MANAGEMENT REPORT (Biennium) --- Project Expenditures Reported as of 6/30/2008
APPROVED EST.
PROJECT BUDGET TOTAL EXPENDED % EXPEND COMPLTN % WORK
NUMBER PROJECT NAME PROJECT MANAGER (2007-2008) (as of 6/30/08) TO DATE DATE COMPLETE PROJECT STATUS & COMMENTS
SEWER UTILITY
Design is complete. Project was advertised for bid in May 2007 with bid opening July 2, 2007. The two bids received were well above the engineers estimate.
WS110E Sewer Lake Line Replacemt-Design (2006 c-o) A. Tonella-Howe $469,200 $423,645 90% 6/07 100% The project will be reevaulated to determine if there are ways to reduce costs.
Peer review completed the week of November 12th. The project design was validated with several additional items to be researched. Peer reivew findings
WS110F Sewer Lake Line Design Analysis A. Tonella-Howe $85,000 $104,845 123% N/A 100% discussed at Council planning session in Jan 2008. Final recommendations presented to Council in May.
Lake line redesign began June 1, 2008. Planned scheduled milestones include plan review mid-September; contractor's forum early September; bid
WS110G Sewer Lake Line Redesign / Rebid A. Tonella-Howe $484,000 $360 0% 12/08 1% advertisment October; project award November/December.
WS110C Sewer Lake Line Replacement-Construction A. Tonella-Howe $15,000,000 $32,379 0% N/A 0% Planned construction schedule: Pump station start January 2009, Lake line start July 2009.
WS330T Sewer System Telemetry Improvements T. Smith $315,000 $19,441 6% 12/08 6% Project ready to go out for bid but due to limited staffing resources this work will be delayed until 2009.
This funding is reserved for emergency repairs and minor improvements to the sewer system. Refer to WS710R and WS710T for minor improvement project
WS710R General Sewer System Improvements T. Smith $113,000 $109,257 97% 12/08 9% details.
WS710S Sewer - Generator Replacement T. Smith $105,000 $9,974 9% 2/08 100% 3 Propane Generators were replaced with 3 new Diesel units at Sewer Stations 15,16 & 19.
WS710T Sewer System - Cleaning and Video Inspection T. Smith $192,000 $39,085 20% 12/08 20% 18.5 miles of sanitary sewer main have been cleaned, inspected & assessed for future repair considerations.
STORM DRAINAGE UTILITY
WD524C Basin #46a - 53rd Place (2006 carry-over) F. Gu $142,020 $10,347 7% 12/08 20% Contract awarded to Earthwork Enterprise in June. Construction expected to be complete by end of July 2008.
WD526C Basin #45b - Parkwood / Glenhome F. Gu $485,000 $412,007 85% 12/07 100% Stabilized watercourse, replaced side sewer line and constructed a gravel trail connecting EMW and SE 54th St. Project complete December 2007.
WD701R Neighborhood Drainage Improvements C. Morris $100,000 $19,924 20% 12/08 20% Three small drainage projects completed to date. Two more projects are planned for construction in late 2008 (4800 88th Ave. and 2700 70 th Ave.)
This funding is reserved for emergency repairs and small basin improvements to the Storm Water System. Refer to WD710S, WD710T, WD710U, and
WD710R Storm Conveyance & Basin Replacements P. Yamashita $75,000 $2,140 3% 12/08 0% WD710V for individual project details.
WD710S Storm Basin Condition Assessments P. Yamashita $40,630 $21,814 54% 10/08 70% Field evaluations were completed in the spring. First draft of written documentation scheduled for end of July. Final draft expected by end of September.
Contract awarded to Earthworks Enterprise in June 2008. Construction expected to be complete by August, with planting and restoration to begin in October
WD710T Thomas Center Basin Improvements F. Gu $53,600 $8,931 17% 12/08 20% 2008.
WD710U Storm Drain Culverts F. Gu $150,000 $64,386 43% 12/08 100% Two cross-culverts replaced under EMW, construction substantially completed in Dec. 2007. Punch list items completed in January 2008 .
WD710V SE 65th Drain Pipe Design F. Gu $20,000 $204 1% 12/08 5% Further video inspection confirmed extent of pipe damage. Design to start in Fall-Winter 2008.
WD720R Lakeview Highlands Basin 29 F. Gu $970,590 $107,563 11% 10/08 25% Project awarded to OMA Construction. Construction started in June 2008. In-stream work anticipated to be complete in late August
WD721R Sub-Basin 26 Phase 2 F. Gu $50,000 $162 0% 12/08 0% Consultant selection process will begin in fall 2008.
CAPITAL REINVESTMENT PLAN TOTAL $32,757,936 $8,279,698 25%
CAPITAL FACILITIES PLAN
PARKS, RECREATION AND OPEN SPACE
XP102P Parks, Rec, Arts & Open Space Plan (2006 c-o) P. Mayer $7,500 $6,917 92% 12/08 100% Plan completed early 2007. Plan was adopted by Council on Feb. 5, 2007 (Resolution No. 1384).
XP101A Open Space and Park Property Acquisitions P. Mayer $200,000 $204 0% 12/08 0% No potential acquisitions identified or referred to staff for review to date.
AB 4352
Exhibit 2
Page 27
2007-2008 CIP - PROJECT MANAGEMENT REPORT (Biennium) --- Project Expenditures Reported as of 6/30/2008
APPROVED EST.
PROJECT BUDGET TOTAL EXPENDED % EXPEND COMPLTN % WORK
NUMBER PROJECT NAME PROJECT MANAGER (2007-2008) (as of 6/30/08) TO DATE DATE COMPLETE PROJECT STATUS & COMMENTS
XP701R South Mercer Playfields Ballfield Lights J. Weiser $330,239 $259,532 79% 4/08 100% Field and track lighting work is complete, contractor preparing close-out documentation.
Basework and artificial turf installation complete. Negotiations with contractor for basework regarding quantities of soils export and rock import are on-going.
XP702R South Mercer Playfields Artificial Turf J. Weiser $755,830 $682,042 90% 11/07 100% Anticipate will close out this project within budget.
Minor improvements to Luther Burbank Park completed include boiler building area upgrades to support aquatics programming, entrance gate paving and path
XP710R Luther Burbank Minor Park Improvements K. Kerner $208,000 $106,039 51% 12/08 51% lighting improvements.
XP711R Luther Burbank Off Leash Area (OLA) M. Elde $215,000 $11,618 5% 11/08 10% Design work is complete. The project was bid and has been awarded to Pacific Earthworks. Work on the off leash area will begin in September.
A. Tonella-Howe
XP712R Luther Burbank Shoreline Restoration M. Elde $1,090,000 $26,204 2% 11/08 10% Design work is complete. The project was bid and has been awarded to Pacific Earthworks. Work on the shoreline will begin in August.
XP720R King County Parks Levy Projects P. Mayer $72,559 $0 0% 12/08 0% Trail projects will be evaluated and designed in early 2009 and completed in the summer / fall 2008.
Schematic design underway on 2 park plaza design options and near completion with probable costs of construction for each. Preparing for Council
XP721R Town Center Plaza Water Feature P. Mayer $22,000 $12,924 59% 12/08 90% presentation in October 2008.
XG102C PEAK / Boys and Girls Club (2006 carry-over) R. Conrad $1,000,000 $0 0% 12/08 0% One million in Capital Reserve funds are designated for the PEAK project.
GENERAL GOVERNMENT
IFT343 Debt Service - Mercerview Property F. Lake $434,000 $408,606 94% 12/08 75% Debt Service on General Obligation Bonds for purchase of the Mercerview Property was paid through June 2008.
IFT343 Debt Service - Community Center F. Lake $303,000 $182,965 60% 12/08 75% Debt Service on General Obligation Bonds for construction of the Community Center was paid through June 2008.
Project accepted by Council on Sept. 4, 2007. Final construction related items identified (landscaping; dumpster screen; multi-purpose room floor; parking lot
XG320K Community Center (CCMV) Building (2006 c-o) P. Mayer $207,867 $173,800 84% 12/08 100% improvements; etc.) to be addressed for final project completion.
Purchase and installation of larger sized (200 KW) emergency generator completed to be able to provide a fully operational emergency shelter at the CCMV.
XG320W CCMV Emergency Shelter Generator M. Olson $50,000 $50,538 101% 12/08 100% See project WG105R for additional funding for generator project.
Approx. 900 ft. of power lines and other associated utilities were undergrounded east of the Community Center at Mercer View along the Luther Burbank Park
XG320L CCMV Power Lines / Luther Entry (2006 c-o) P. Mayer $34,034 $34,877 102% 12/08 100% North entrance, improving both the views east from the center and the park entrance.
Purchases from Senior donations for the CCMV include a variety of furnishings for the Senior Room at the Community Center as well as exercise equipment for
XG320M CCMV Senior Improvements (2006 c-o) P. Mayer $50,700 $52,270 103% 12/08 100% seniors (an eliptical, radiant, and upper body conditiong equipment).
Purchases from 501c3 donations for the CCMV include a portable LCD projector for rentals, floor covering for dance room to protect from tap dance shoes,
XG320T CCMV Equipment (Parks 501c3) (2006 c-o) P. Mayer $2,476 $2,043 83% 12/08 100% computer equipment for security cameras in fitness room and lower level of CCMV.
XG150T Small Technology and Equipment R. Conrad $100,000 $56,451 56% 12/08 75% Purchases from the Small Technology and Equipment account include new computing equipment and office furnishings.
2 Pierce velocity pumpers, 1 Pierce mini pumper, and 1 pick up truck were purchased and placed in service. Phase 2 of this plan was authorized by Council in
XG710F Fire Fleet Update C. Tubbs $1,287,008 $1,287,008 100% 12/08 75% July 08 and the Fire Department is moving forward with aquistion of 2 used vehicles.
Fencing and shelving was installed at the CCMV. Cabinets, reversible task boards, a white board and projection screen were installed in the City Hall EOC.
XG712E Emergency Management Projects E. Holmes $45,000 $22,373 50% 06/08 100% The MIRO group upgraded to their system which further links the EOC and CCMV systems.
XG720T NORCOM - Regional Dispatch E. Holmes $250,000 $94,355 38% 12/08 62% Procurement of the technology components and payment of start-up costs are on-going. Estimated completion of technology purchases is July 2009.
WW534C / The Utility Board recommended staff pursue permanent above-ground facility and not proceed with an interim use facility. Design options were presented to
XW530R Emergency Water Supply Well R. Lin $1,435,000 $319,572 22% 12/09 25% Council in April. Council directed staff to begin permanent facility design.
CAPITAL FACILITIES PLAN TOTAL $8,100,213 $3,790,341 47%
GRAND TOTAL (CRP + CFP) $40,858,149 $12,070,039 30%
52% 55%
AB 4352
Exhibit 2
Page 28
CITY OF MERCER ISLAND
ORDINANCE NO. 08-07
AN ORDINANCE OF THE CITY OF MERCER ISLAND, WASHINGTON,
INCORPORATING CERTAIN BUDGET REVISIONS TO THE 2007-2008
BIENNIAL BUDGET, AND AMENDING ORDINANCE NOS. 06-17, 07-03,
07-05, 07-08, 07-09, 07-13, 08-03, 08-04, AND 08-05.
WHEREAS, the City Council adopted the 2007-2008 Budget by Ordinance No. 06-17 on
December 11, 2006 representing the total for the biennium of estimated revenues and
expenditures for each of the separate funds of the City, and
WHEREAS, a number of budget adjustments have been approved by the City Council in 2008 in
open public meetings but have not been formally adopted via ordinance, as noted in the
following table, and
Agenda Council Budget Funding
Fund Dept Description Bill Meeting Year Amount Source
General Parks & King County 4 Culture Grant for AB 4349 9/2/2008 2008 $8,200 King County 4
Rec Arts Council Programs Culture grant
Street DSG Pedestrian & Bicycle Plan Update AB 4258 1/22/2008 2008 $75,000 Unapp. beginning
fund balance
Maint East Mercer Way Phase 6 Design AB 4310 6/2/2008 2008 $75,000 Unapp. beginning
Project (Included in Adoption of fund balance
6 Year TIP)
Island Crest Way/Merrimount AB 4310 6/2/2008 2008 $541,000 Unapp. beginning
Improvements Project (Included fund balance
in Adoption of 6 Year TIP)
SE 40th St. Improvements AB 4318 6/16/2008 2008 $301,765 Unapp. beginning
Project (Bid Award) fund balance
2008 North Mercer Way Re- AB 4333 7/21/2008 2008 $70,000 Unapp. beginning
Surfacing Project (Bid Award) fund balance
Criminal Police Taser Funding AB 4335 7/21/2008 2008 $18,000 Unapp. beginning
Justice fund balance
(2007 federal
seizure money)
CCMV Bldg Parks & Community Center Parking Lot AB 4326 7/7/2008 2008 $43,570 Unapp. beginning
Construction Rec Repair fund balance
Equipment Fire Authorization to Purchase 2 Used AB 4316 7/7/2008 2008 $260,000 Fire apparatus
Rental Maxi Pumpers & Make Minor sinking fund
Upgrades balance
NOW, THEREFORE, the City Council of the City of Mercer Island, Washington, do ordain as
follows:
Section 1. The 2007-2008 Budget for the City of Mercer Island, as adopted in Ordinance No.
06-17 is hereby amended to incorporate increases in revenues and expenditures in the following
funds:
AB 4352
Exhibit 3
Page 29
Fund No. Fund Description Revenues Expenditures
001 General $8,200 $8,200
104 Street $1,062,765 $1,062,765
112 Criminal Justice $18,000 $18,000
355 CCMV Building Construction $43,570 $43,570
503 Equipment Rental $260,000 $260,000
Totals $1,392,535 $1,392,535
Section 2. City Ordinances Nos. 06-17, 07-03, 07-05, 07-08, 07-09, 07-13, 08-03, 08-04, and
08-05 as previously adopted and as hereby amended, are hereby ratified and confirmed and
continued in full force and effect.
Section 3. This ordinance shall take effect and be in force thirty (30) days after passage,
signing and publication.
PASSED BY THE CITY COUNCIL OF THE CITY OF MERCER ISLAND, WASHINGTON,
AT ITS MEETING ON THE 2nd DAY OF SEPTEMBER, 2008.
CITY OF MERCER ISLAND
Jim Pearman, Mayor
ATTEST:
Allison Spietz, City Clerk
APPROVED AS TO FORM:
Katie H. Knight, City Attorney
Date of Publication:
AB 4352
Exhibit 3
Page 30