Shoreline City Council - Oct 28 meeting to focus on 2014 budget

At the upcoming City Council Meeting on Monday, October 28, 2013 the City Council will continue discussing the proposed 2014 Budget. Monday’s discussion will focus on the Public Works Department, the 2014 Capital Improvement Plan, and the Surface Water Utility.

Here's some background:

• The City’s operating fund expenditures total $37,895,370 for 2014, which represents 53% of the total budget.
• The City’s debt service expenditures total $3,371,617 and represent 5% of the total budget.
• The City’s 2014 capital expenditures total $25,036,383, which represents 35% of the City’s proposed expenditures.
• The Surface Water Utility Fund makes up the enterprise fund category and is 7% of the total. This includes all surface water related activities including operations and capital projects.
• Finally, the proposed expenditures for internal services are just under 1% of the City’s total budget. 

2014 total projected expenditures represent a 2% decrease from the current 2013 budget. While operating expenditures are projected to increase by 1% ($518,526), capital expenditures are projected to decrease by 6% ($1.6 million). The primary reason for the decrease in capital spending is the one-time maintenance facility acquisition occurring in the General Capital Fund during 2013.