ITEM: 12.8 ADMINISTRATION - Joe Huss, Finance Director
Title
ADOPT 2014 STORM DRAINAGE UTILITY FUND BUDGET
Background
Council reviewed the proposed 2014 Storm Drainage Utility Fund Budget at the December 12, 2013 Council Workshop. The proposed budget includes $1,066,000 in operating revenue and $1,242,880 in operating expenses, but recommends no fee increase for 2014. Consensus was to look to 2015 to implement a fee increase. The proposed budget also includes $575,000 in capital projects funding. The attached 2014 Budget and 2014-18 projection reflect Council's direction from the Workshop.
Schedule of Actions
12/19/2013 |
Workshop Review |
01/02/2014 |
Council Adoption |
Recommendation
By motion, adopt the resolution contained herein.
Body
WHEREAS, the proposed Storm Drainage Utility Enterprise Fund Budget for the fiscal year commencing January 1, 2014 has been prepared by the City Manager; and
WHEREAS, the City Council has examined, studied, and reviewed said proposed Storm Water Utility Enterprise Fund Budget; and
WHEREAS, the City Council has, after due consideration and deliberation, made such amendments and adjustments in the proposed Storm Water Utility Enterprise Fund Budget as they consider necessary, desirable, or expedient.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Blaine as follows:
1. That the proposed Budget for the Storm Water Utility Fund attached hereto is approved.
2. That the 2014 appropriations attached hereto are approved.
3. That the 2014 funding sources and fee adjustments identified and attached hereto and reflected in the City's fee schedule are approved.
4. That the City Manager is authorized and directed to implement and to administer, within the budgetary funding limits and within adopted City policy and relevant State and City laws and regulations, said approved Storm Drainage Utility Enterprise Fund Budget.
PASSED by the City Council of the City of Blaine this 2nd day of January, 2014.