December 6, 1999
City Finance Director Jim Katica reported that the $32.3 million 2000 budget includes a $16.4-million carryover from the 1999 budget. Next year, the city will gain $5 million from councilmanic bonds and $10.8 million from revenues, with $8,981,300 of that from taxes.
Sales taxes will bring in $4,320,000, while property taxes will yield $2,050,000. The city did not raise the former property tax rate of $1.60 per $1000 value, Katica noted, because the county's re-assessment increases made that unnecessary.
Those increases will supply $200,000 toward capital project reserves, which helps offset $180,000 in MVET revenues the city lost to I-695. Katica said the city developed the 2000 budget for I-695 passage.
Other large revenue sources include $526,000 from real estate excise taxes, $450,000 from utility taxes, $785,000 from surface water management fees collected by King County, and $501,000 in interest. The gas tax will yield $326,000 and admission taxes $206,000.
The city will finish 2000 with a carryover budget of around $13.5 million, after spending $10.8 million on capital projects, $6.8 million on operations, $908,403 on surface water management, and $225,550 on capital outlays. Capital projects will include building the new city hall, and street and park projects.
Stated goals of that outreach include: kids have stronger positive views against breaking laws and rules; kids view themselves as responsible for and capable of changing their community for the better; kids support altruism, fairness, goal-setting, and consideration of others; kids display more positive attitudes toward police and other authority figures; kids bond better to school in terms of attitudes toward teachers, classes, and other students; kids more vigorously endorse the idea and value of teamwork; kids interact with other parts of the community and have chances to do meaningful work.
Deputy Mayor Scott Hageman opened a discussion on providing more park benches around town for citizen lounging, resting, and promoting civic pride. Councilmember Marsha Engel cited the positive response to benches in Canterbury Square by residents there. Councilmember Bob Miller said citizens don't really notice when the city fills a pothole, but benches would be a very tangible benefit that everyone could enjoy.
The Council will hold a public hearing on the matter during their Jan. 10 meeting, at 8 p.m. in City Council chambers.
The crosswalk is part of city efforts to identify points of pedestrian safety concerns in the central business district that will initiate similar projects in 2000, said Monken.