2013/04/10 Council Agenda Packet

I EVE TT CITY COUNCIL AGENDA-ITEM COVED SKEET- PROJECT TITLE: . An Ordinance approving the 4/03/12 Briefing COUNCIL BILL# C$ @ appropriations of the 2013 Proposed Action Originating Department Finance revised City of Everett Budget Consent Contact Person Debra Bryant and amending Ordinance No. Action Phone Number 257 8608 3307=12. 4/03/12 First Reading .FOR AGENDA OF 4/03,4/10,4/17 4/ 0/1-2 Second Reading 4/17/12 Third Reading Public Hearing Budget Advisory Initialed by: Department Head CAA Council President e//1.1 Location Preceding Action Attachments Department(s)Approval Attachment A Amount Budgeted $498,928,475 Expenditure Required $513,586,568 Account Number(s): See Attachment A Budget Remaining -0- Additional Re 0- . ,, • • • $14,658,093 DETAILED SUMMARY STATEMENT: The proposed ordinance amends the City of Everett 2013 Operating Budget as follows: ® General Government re-appropriations from 2012 to 2013,carrying forward$8,836,957,increasing the revenue budget by$980,657,increasing the expenditure budget by$9,817,614,with no change to the General Government Ending Fund Balance. ® General Government amendments increasing the revenue budget by S224,842, increasing the expenditure budget by$224,842,with no change to the General Government Ending Fund Balance. ® Other Funds—Re-appropriations from 2012 to 2013, carrying forward$2,876,301,increasing revenue budgets by$1,314,336,increasing expenditure budgets by$4,190,637, with no changes in ending fund balances. ® Other Funds -Amendments increasing revenue budgets by$425,000,increasing expenditure budgets by$647,000 and decreasing ending fund balances by$222,000. RECOMMENDATION (Exact action requested of Council): Adopt an ordinance approving the appropriations of the 2013 revised City of Everett Budget and amending Ordinance No. 3307-12. 1