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HomeMy WebLinkAbout6682 ORDINANCE NO. 6 6 8 2 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF AUBURN, WASHINGTON, CREATING A NEW CHAPTER 3.06 - REPURPOSING OF SPECIAL CAPITAL FUNDS - ESTABLISHING A MULTI-YEAR CAPITAL BUDGETING PROCESS, ACCOMMODATING REPURPOSING OF CERTAIN MONIES WITHIN THE SAME SPECIAL FUNDS AND ESTABLISHING GUIDELINES FOR TRANSFERRING - MONIES BETWEEN PROJECTS WITHIN THE SAME CAPITAL FUNDS WHEREAS, appropriation authority for all funds at the City of Aubum lapses at the end of each fiscal biennium, as per RCW 35A.34.270; and WHEREAS, RCW 35A.34.270 provides that all appropriations in a special fund authorized by ordinance or by state law to be used only for the purpose or purposes therein specified shall not lapse, but shall be carried forvvard from biennium to biennium until fully expended or the purpose has been accomplished or abandoned, without necessity of re-appropriation; and WHEREAS, the City desires to establish multi-year appropriation for capital funds and that unspent appropriations for active capital projects will be carried forward to the next budget year without further action by the City Council; and WHEREAS, specific guidelines would be established to govern the transfer of any unexpended and unencumbered appropriation from one project to another within the same fund, if approved by the Finance Director; and WHEREAS, the proposed changes reflect a new best practice and transparent strategy for managing capital project budgets; and WHEREAS, the City Council finds that it is in the best interests of the City to be able to decrease, revoke or recall all or any portion of the total appropriations provided for any one project, allowing monies thus released to be able to be re-appropriated for another purpose or purposes without limitation to department or division, within the same fund, unless such use is otherwise restricted by law, provided that any release, ------------ -- Ordinance No. 6682 June 11, 2018 Page 1 of 4 " revocation, recall or re-appropriation from one fund to another fund would require approval of the City Council as required by law; and WHEREAS, in accordance with RCW 35A.34,200, it is appropriate that this Ordinance is approved by the vote of one more than the majority of all eouncilmembers. NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF AUBURN, WASHINGTON DO ORDAIN AS FOLLOWS: Section 'i. CREATION OF iVEW CHAPTER TO CITY CODE. That a new Chapter 3.06 of the Auburn City Code is created to read as follows: Chapfer 3.06 REPURPOSING OF SPECIAL CAPITAL FUNDS Sections: 3.06.010 Purpose 3.06.020 Identification of special funds 3:06.030 Appropriation authority 3.06.040 Amendments to capital budgets 3.06.010 Purpose. The purpose of this chapter is to establish a multi-year capital budgeting process, accommodating repurposing of certain monies within special funds within the context of RCW 35A,34;270, and establishing guidelines for transferring_monies between projects within the same capital funds. � 3.06.020 Identification of special funds. The following funds be designated as "special" funds within the context of RCW 35A.34;270: arterial street fund (fund 102), local street fund (fund 103), arterial street preservation fund (fund 105), recreational trails fund (fund 120), mitigafion fees fund (fund 124), municipal parks construction fund (fund 321), capital improvements fund (fund 328), local revitaliza#ion fund (fund 330), water utility capital fund (fund 460), sewer utility cap'ital #und (fund 461), storm drainage utility capital fund (fund 462), airport capital fund (fund 465), cemetery capital fund (fund 466), equipment rental capital fund (fund 560), and innovation & technology capital fund (fund 568). 3.06.030 Appropriation authority. The mayor or designee is granted appropriation authority that is established for the duration of all projects within each special fund, as identified in section 3.06.020 of the city code, or as may be hereinafter amended, and that amounts approved would not lapse and would remain without�scal Iimitation until expended for the intended purpose or until unencumbered by a future ordinance. Any unspent appropriations at the end of the Ordinance No. 6682 June 11, 2018 Page 2 of 4 budget year would not lapse but would be carried over to the next budget year within the same fund without further Council action. 3.06.040 Amendments to capital budgets. That amendments to capital fund budgets would be initiated to appropriate new projects as approved by city couneil, to appropriate additional expenditures as a result of new funding and/or use of reserves, and to t�ansfer funds between projects that have a similar purpose. Amendments that result in an increase in a fund's total appropriation or that involve the transfer of any unexpended and unencumbered appropriation from one fund to another would require approval by city council. The transfer of any unexpended and unencumbered appropriation from one project to another within the same fund could be approved by the finance director provided that: (1) The funds will be used for a similar or like project, or (2) The original project is complete and unspent funds remain, or (3) A revised project estimate confrms that there will be savings in the original project upon completion, or (4) The purpose for which the funds were appropriated no longer exists and funds can be redirected as needed. Section 2. SEVERABILITY. If any provision of this Ordinance or#he application thereof to any person or circumstance is held to be invalid, the remainder of sueh code, ordinance or regulation or the application thereof to other person or eircumstance shall not be affected. Section 3. IMPLEMENTATION. The Mayor is hereby authorized to implement such administrative procedures as may be necessary to carry out the directives of this legislation. Section 4. EFFECTIVE DATE. Upon approval by the vote of one more than the majority of all members of the City Council, this Ordinance shall take effect and be in force five (5) days from and after its passage, approval and publication as provided by law. INTRODUCED: JUN 1 8 2018 PASSED: JUN 1 � 2018 APPROVED: .1UN 1 � 2018 CITY OF AUBURN AIVCY B US, MAYOR Ordinance No. 6682 June 11, 2018 Page 3 of 4 ATTEST`. � �� Danielle �. Daskam, City Clerk APP ED TO F RIVI: aniel B. H ' , ity o ey PUBLISHED: �-/ dd � ���ca�i�"� --- - --------- - Ordinance No. 6682 June 11, 2018 Page 4 of 4