Mukilteo budget gap grows this quarter | City brief
This quarter, Mukilteo City Council amended the 2013 budget to add $299,000 million in unexpected expenses.
With these amendments, the gap between revenues and expenses in the general fund is now 1.8 percent, or up $62,000, and is at the “watch” level, up from 1.4 percent percent, according to city staff.
Staff said the gap is closed in the 2014 preliminary budget, to be presented to City Council on Tuesday, Nov. 12, by Mayor Joe Marine.
The amendments to the third-quarter budget, made Oct. 21, are as follows:
• $150,000 to fund emergency repairs to the Edgewater Creek storm system;
• $95,800 for overtime pay to firefighters who covered for injured co-workers;
• $65,400 transferred to the streets fund for Chennault Beach Road repairs and chip seal;
• $30,000 grant to install school zone flashers;
• $11,000 to cover the training of two new police officers;
• $5,000 to remove trees and re-establish a ditch on Central Drive for better drainage;
• $4,000 to cover the cost of sand bags and sand provided to residents before a rainstorm;
• $3,000 added after Police Department sold a vehicle seized from a drug dealer;
• $2,000 grant saved from 2008 to go toward interpretive signs at Lighthouse Park; and
• $1,000 grant to pay for two portable breath test machines for the Police Department.
The city is receiving $34,000 in added revenues to help cover these new expenditures, staff said. The $265,000 left over was paid for with cash from a variety of funds.
It is the city’s practice to amend the budget as needed on a quarterly basis.
The city’s gap-closing policy identifies three levels of severity: watch, moderate and severe.
A percentage gap of more than 5 percent is “severe,” a gap of 3-5 percent is “moderate” level; under 3 percent is at the “watch” level.