HomeMy WebLinkAbout2019-03 RESOLUTION NO. 2019-03
A RESOLUTION OF THE EXECUTIVE BOARD OF THE
SOUTH KING COUNTY HOUSING AND HOMELESSNESS
PARTNERS ADOPTING THE 2020 BUDGET
WHEREAS, Section 13 of the South King County Housing and Homelessness
Partners ("SKHHP") Interlocal Agreement ("ILA") requires the Executive Board to
recommend and transmit a proposed budget and work plan for the next budget year to
the parties by June 1st of each year; and,
WHEREAS, the Administering Agency prepared a recommended budget for 2020
based on updated estimates of personnel costs, and presented it for discussion and
possible action to the Executive Board on May 24, 2019; and,
WHEREAS, because of the delay in executing the ILA, the time necessary to
properly recruit a Program Manager, and the Executive Board's decision to wait until the
Program Manager was hired to allow the Program Manager to have input into the
development of the Work Plan, a work plan has not been proposed.
NOW, THEREFORE, THE EXECUTIVE BOARD RESOLVES as follows:
Section 1. The Executive Board recommends the proposed budget for 2020 as
shown on attachment A.
Section 2. Because the 2019 and 2020 expenditures and revenues are derived
from operating assumptions that will be affected by the date SKHHP employees are hired,
the pay grade that they are hired at, and the benefit package that will accompany each
SKHHP employee, the Executive Board intends to confirm budget assumptions at the
end of 2019.
Resolution No. 2019-03
May 24, 2019
Page 1 of 3 Rev.2019
Section 3. The Chair is authorized and requested to send the proposed budget
to the Parties with a request that the Parties adopt the proposed budget and send to
implement those administrative procedures necessary to carry out the directives of this
legislation.
Section 4. This Resolution will take effect and be in full force on passage and
signature.
Dated and Signed this 24th day of May, 2019.
SOUTH KING COUNTY HOUSING AND HOMELESSNESS PARTNERS
N NC)/ :.441c S, CHAIR Shawn Campbell, Auburn City Clerk
Resolution No. 2019-03
May 24, 2019
Page 2 of 3 Rev.2019
RESOLUTION 2019-03 –ATTACHMENT A
2020 SKHHP'Budget Assumptions —
Beginning Fund Balance $94,787
Revenues
Outside Sources $61,000
Shared $195,400
Other
Total $256,400
Expenditures
Program Manager $153,294
Administrative Support $103,121
Expenses $32,000
Administrative Fee $24,400
Total $312,815
Ending Fund Balance $38,372
(EFB)*
EFB Percent of Budget 12.3%
*Target EFB at least 8% of overall budget
Resolution No. 2019-03
May 24, 2019
Page 3 of 3 Rev.2019