2025/12/10 Council Agenda Packet

2025 Budget Adjustments Tally Sheet Department Code Rev Exp FB NGA-23 Vehicle and Equipment Repl.Vehicle and Equipment Replacements 126A 1,033,732 (1,033,732) Reduce ending fund balance - Vehicle Equipment and Replacement Reserve 126 5980000490 1,033,732 Increase vehicle expenditures - Parks and Community Services 126 5200101640 235,000 Increase vehicle expenditures - Fire 126 5200032640 488,732 Increase vehicle expenditures - Police 126 5200031640 310,000 Department Code Rev Exp FB NGA-24 CIP - 1 CIP-1 Police Property Room 162A 2,600,000 (2,600,000) Reduce ending fund balance - CIP 1 162 5500999490 2,600,000 Increase transfers out - CIP 1 162 5500000550 2,600,000 Department Code Rev Exp FB NGA-25 CIP - 1 Prefund 2026 CIP-1 General Fund Contributions 162A 2,501,940 2,501,940 Increase ending fund balance - CIP 1 162 5500999490 2,501,940 Increase transfers in - CIP 1 162 3971050000 2,501,940 Department Code Rev Exp FB NGA-26 CIP - 3 CIP-3 Annual Street Overlay 154A 300,000 (300,000) Reduce ending fund balance - CIP 3 154 5990000490 300,000 Increase transfers out - CIP 3 154 5119001550 300,000 This amendment proposes to increase the CIP 1 expenditure budget for the purchase of property located at 3310 Paine Avenue. The property will be the new location for the Everett Police Department Property Room. The purchase agreement was approved by Council on Oct 29, 2025. This amendment proposes using a portion of the 2024 budget variance to pre-fund expenditures for 2026. The objective is to reduce expenditures the following year without affecting our overall contributions. Specifically, we plan to contribute $2,501,940 to CIP-1, which will reduce the 2026 contributions to CIP-1 by this amount due to higher contributions planned for 2025. This approach results in an average annual contribution of $3 million over the two years, as forecasted. See also GGA- 26. This amendment proposes to increase the Motor Vehicle and Equipment Replacement Reserve Fund 126 expenditure budget for the following vehicle and equipment replacements and projects: Police: -$240,000 for three Police Patrol vehicles. -$70,000 for replacing a 2018 Ford Police Responder pick-up truck. Park: -$ 125,000 for replacing a 2009 Ford F-550 hook lift truck. -$ 110,000 for replacing a 2008 Toro 4000-D mower. Fire: -$ 488,732 additional fund for replacing J0059, a 2002 American LaFrance heavy duty mid-mount aerial platform.The funding request was authorized in May 18, 2022 council meeting. This amendment proposes to appropriate $300,000 to support 2025 annual street overlay projects. It is part of the planned usage of CIP 3 funds in 2025, similar to previous years.