2004, 02-07 Special Retreat/Workshope 9 ,9 81 ,
Saturday, February 7, 2004 9:00 a.m. — 4:00 p.m.
CITY HALL AT REDWOOD PLAZA
11707 East Sprague Avenue, First Floor
Council Requests All Electronic Devices he Turned Off During Council Meeting
Note: There will be a 15-minute break at 10:30 a.m., and an hour break at 12:00 p.m.
1. Review of Departmental Work Plans and Submittal Timetables:
• Legislative and Executive Support (goals and objectives chart)
• Public Works: Work Plan. Capital Pmjects, Key Decisions and Policy Issues
• Planning and Community Development: Work Plan, Capital Projects. Key Decisions and Policy
Issues
• Parks and Recreation: Work Plan, Capital Projects, Key Decisions and Policy Issues
• Public Safety: Work Plan. Capital Projects, Key Decisions and Policy Issues
• Operations and Administrative Services: Work Plan. Capital Projects. Key Decisions and Policy
Issues
2. Finance and Budget Related Issues:
• First glance at a draft five -year financial forecast
• Gcnc al Fund Budgeting for 2005 and beyond: Paying off the start -up costs versus funding new
or expanded programs: examine othcr revenue source(s) or adjust expenditures downward to
balance?
• Initiation of the FY 2005 budgeting process (draft calendar)
• Capital facilities funding
3. Facilities and Contracts:
• CcnterPlace construction and marketing
• Other Community Facilities -- Future new facilities, timing, cost to the general fund when
completed.
• Needed contract changes'
4. Community Involvement & Outreach —ideas include:
• More "Conversations with the Community"
• How to stimulate communication/interaction with other boards & commissions: local school
districts, county commissioners, neighboring cities, youth council
• Seeking input fn -m fellow councilmcmbers and City Manager in advance of meetings with other
regional leaders
Retreat Agenda 02 -O7-O4
AMENDED
AGENDA
SPOKANE VALLEY CITY COUNCIL RETREAT
WORKSHOP
Page 1 of 1
FILE COPY
AGENDA
SPOKANE VALLEY CITY COUNCIL RETREAT
WORKSHOP
Saturday, February 7, 2004 9:00 a.m. — 4:00 p.m.
CITY HALL AT REDWOOD PLAZA
11707 East Sprague Avenue, First Floor
Council Requests All Electronic Devices be Turned Off During Council Meeting
Note: There will be a 15 minute break at 10:30 a.m., and an hour break at 12:00 p.m.
1 Review of Departmental Work Plans and Submittal Timetables:
• Legislative and Executive Support (goals and objectives chart)
• Public Works: Work Plan, Capital Projects, Key Decisions and Policy Issues
• Planning and Community Devcloptncnt: Work Plan, Capital Projects, Key Decisions and Policy
Issues
• Parks and Recreation: Work Plan, Capital Projects. Key Decisions and Policy issues
• Public Safety: Work Plan, Capital Projects, Key Decisions and Policy Issues
• Operations and Administrative Services: Work Plan. Capital Projects, Key Decisions and Policy
Issues
2. Finance and Budget Related Issues:
• First glance at a draft five -year financial forecast
• General Fund Budgeting for 2005 and beyond: Paying off the start -up costs versus funding new
or expanded programs; examine other revenue source(s) or adjust expenditures downward to
balance?
• Initiation of the FY 2005 budgeting process (draft calendar)
• Capital facilities funding
3. Facilities and Contracts:
• CenterPlace construction and marketing
• Other Community Facilities — Future new facilities, timing, cost to the general fund when
completed.
• Needed contract changes?
4. Community involvement & Outreach — ideas include:
• More "Conversations with the Community"
• How to stimulate communication/interaction with other hoards & commissions: local school
districts. county commissioners, neighboring cities, youth council
Retreat Agenda 02 -07-04 Page 1 of 1
'
G OALS
Objectives
YIN
1.
Experiment with a Managed Competition
1.
Examine relevant literature
Program designed to identify alternative
2.
Select two pilot projects
service providers at more economical rates
than accorded by current service providers.
3.
Secure two new providers
2.
Initiate the Development of the First
1.
Compose 20 -Year CFP
Comprehensive Plan for Spokane ValIev that
2.
Meet GMA requirements
will create the City's long -term vision and link.
transportation system improvements to land
use goals that support achieving the adopted
vision.
3.
Invite community involvement
3.
Enhance Overall Communication with the
1.
Launch and enhance new websitc
public.
2.
Organize opportunities for energetic
public participation m the Comp Plan
process
3.
Produce informational brochures on
city programs and procedures
4.
Develop a Five -Year Strategic Financial
1.
Plot anticipated financial trends
Plan that forecasts revenues and
2.
Recommend CIP funding strategy
expenses as well as identifies funding and
financial challenges and options
3.
Implement initial phase of Council
chosen strategy
5.
Develop and Strengthen External Relations
1.
Develop constructive relationships
with elected and appointed officials
that advance the interests of Spokane Valley
through interaction and advocacy with
neighboring jurisdictions, the state legislature,
funding boards and commissions, the
congressional delegation and statewide and
national municipal organizations.
2.
3.
Engage in legislative and learning
activities
Initiate and strengthen networking
efforts
6.
Develop an Approach for Long - Term
L
Complete an Interlocal Agreement
Wastewater Services including the evaluation
2.
Complete Loan Fund Agreement
of a regional system option.
3.
Complete DBO process
City of Spokane Valley
2004 Organizational Goals and City Manager
Objectives
2004 Wc..... lan Draft
ProjecUActivity: Develop an Approach for Long -Term Wastewater Services (Council Goal 6)
1 asks: Jan Feb Mar Apr May June July
• Complete Interlocal Agreement
• Analyze Playfair Site
• Complete State Revolving Fund Loan
• Begin RFQ for 1)130 Firms
Project/Activity: Manage County Engineering Contract
Tasks:
• Determine Options for Service Delivery
• Recommend Options
• Council Approval of 2005 Plan
Project/Activity: Develop Six Year Street Funding Plan
Tasks:
• Determine Annual Cost of Street Maintenance
• Determine Annual Cost of Preservation Improvements
• Determine Annual Cost of CIP
• Develop Six Year Plan
Project/Activity: Update Six Year Transportation Plan
Tasks:
• Identify and Recommend New Projects
• Conduct Public 1- scaring on Draft Plan
• Council considers the Draft Plan
• Submit STP. Till and other Grunt Request(s)
City of Spokane Valley
2004 Work Plan
Department: Public Works
Jan
Jan
Feb
Feb Mur Apr Ma
Feb
Mar
Apr May
ar
June
June
June
July
July
July
Aug
Aug
Aug
Aug
Sep
Sep
Sep
Sep
Oct
Oct
Oct
Oct
Nov
Nov
Nov
No
Dec
Dec
Dec
Dec
2004 Wu,., . Ian Draft
Project/Activity: 2004 Capital Improvement Projects
Tasks:
• Evergreen Avenue. 16 Ave. to 2 Ave (Construction)
• 16 Avenue, Dishman -Mica to Pines (Construction)
• Park Road, 8 Ave. to Applcway (Const
• 4 Ave. and Sullivan Signal (Construction)
• 24 Ave. Sidewalk project (Design & Construction)
• Pines/Mansfield project (Design & ROW)
• Barker Road Bridge (Design & ROW)
• Barker Road Widening project (Design & ROW)
• Carnahan Sewer Project (Design & Construction)
• Sipple Sewer Project (Design & Construction)
• Vetadalc Sewer Project (Design & Construction)
• WeatherwoodLOwens Sewer Prj. (Design & Consul
• CenterPlace (Construction)
• Small Works Projects (Design & Construction)
Tasks:
• Identify improvements and changes for the 2005
Contract
• Identify work for private contracting
• Council considers Plan for 2005•
• Develop service level descriptions and specifications
• Develop service level options and costs
"substantial changes in the contract require notification by June 1
Project/Activity: Develop Stormwater Design Manual
"Tasks:
• Develop Regional Manual wJ City of Spokane &
County
• Develop Spokane Valley Manual"
*Council consideration of plan in 2005
2004 Work Plan
Department: Public Works
Continued
IMMO
Jan
Feb
Project/Activity: Manage & Update County Maintenance Contract
Feb
Jan Feb
Mar
Mar
Apr
Apr
May June
May
June Jul
June
July
July
Aug
Aug
Scp
Oct
txt
Sep I Oct
Nov
Nov
Dec
Dec
Nov Dec
2004 Work clan Draft
Project/Activity: Complete Sic Year Storm,atcr Plan
'Fasks:
• Identify and Recommend New Projects
• Draft Six Year Plan
• Council Approval of Plan
Tasks:
• Participate on regional committees and task forces,
including:
Spokane Regional Transportation Council (SRTC)
SRTC - Transportation Technical Committee (TTC)
Storm water regulation update (State DOE and County/City of
Spokane regional plan)
Utility Cut Policy (County and City of Spokane)
Bridging the Valley
Light Rail Technical Committee
Regional Solid Waste Board
Council of Engineering Companies - Washington (CEC W )
2004 Work Plan
Department: Public Works
Continued
Jan
Jan
Fob
Feb
Mar
Mar
A
Project/Activity: Develop and Strengthen External Relations (Council Goal 5)
May
June
June
July Aug Sep
J
Oct
Oct
Nov
Nov
2004 We Ian Draft
City of Spokane Valley
2004 Work Plan
Department: Planning and Community Development
Project/Activity: Initiate the Development of Spokane Valley's First Comprehensive Plan (Council Goal 2
i asks: Jan Feb Mar Apr May June July Auq
• Complete the initial draft of the Comp Plan, including
the land use, transportation, economic development,
housing. parks and recitation, utilities, capital
facilities and natural environment elements.
• implement a public participation program.
• Integrate the State Environmental Policy Act (SEPA)
into the development regulations.
• Establish development regulations implementing the
Comp Plan in a Uniform Land Dev. Code, to include
subdivision requirements, zoning rcgs, development
standards, building codes and engineering details.
• Develop a strategic annexation program.
Project/Activity: Continuously Improve Overall Communication (Council Goal 3)
Tasks: Jan Feb Mar Ma June J
• Publish all Planning Commission agendas, Comp Plan
and development regulation drafts on the web
• Develop informational brochures, including
Everything You Wanted to Know about (vetting a
Building Permit and Development 101 in Spokane
Valley.
• Initiate development of an interactive web - based GIS.
Project/Activity: Develop and Strengthen External Relations (Council Goal 5)
l asks: Jan
• Participate on regional committees, such as CDI3G;
Growth Management; STA'Light Rail; and 2060
Funds.
Feb
Mar
June Jul
Sep Oct
Se
Oct
Oct
Nov
Nov
Nov
Dec
Dec
Dec
2004 W 'Ian Draft
Tasks:
• Crass trainicertify code compliance and bldg
inspection staff.
• Streamline permit issuance, dev. review and inspection
processes w! a goal for same -day inspections and
predictable (48 -96 hour) turnaround on plan review.
• Enhance use of the Web to conduct business, including
inspection reporting.
2904 Work Plan
Department Planning and Community Development
Continued
Project/Activity: Review processes to improve customer service and employee productivity.
Mar i Apr Ma June
2004 Wo an Draft
Project/Activity: Develop a Parks and Recreation Master Plan (Comp. Plan - Council Goal 2)
Tasks:
• Advertise a `Request for Qualifications'.
• Short list Request for Proposals. Conduct interviews_
Take selected proposal to City Council and finalize
contract.
• Inventory local resources and service providers.
Conduct a needs assessment. Set service standards.
Develop recommendations_
• Complete the first draft.
• Conduct council and public reviews.
• Finalize plan for council adoption
Tasks:
• Evaluate parks maintenance contract and identify other
potential service providers.
• Negotiate u contract for services in 2005 and beyond.
City of Spokane Valley
2004 Work Plan
Department: Parks and Recreation
Jan Feb Mar Apr
Project/Activity : Oversee City's Parks Maintenance Contract
Jan Feb
Project/Activity: Determine 2004 summer recreation options
Tasks: Jan Feb Mar
• Inventory of recreation options within the community
and present to Council (Finalized as a component of
Master Plan).
• Develop and implement summer recreation project.
May June
May
June
July
June July
July
Aug Sep
Aug
Aug
Sep Oct
Sep
Oct Nov Dec
Oct
Nov
Dec
Nov Dec
2004 W 'Ian Dra
Project/Activity: Design, build and operate the Mirabeau Point CcnterPlace facility
tasks' Jan
• Manage the consi phase of Center Place to ensure the
facility meets the timeline for occupancy in 2005.
• Overlook reconstruction/repair of Mirabcau Springs.
• Coordinate dedication for Mirabcau Meadows Park.
• Meet with ad hoc committee to determine the future
operation of the Senior Center.
• Hire CenterPlacc Manager and develop a work plan.
2004 Work Plan
Department: Parks and Recreation
Continued
Feb
2004 W c.... Jan Draft
Project/Activity: Oversee City's Police Contract
Tasks:
• Evaluate the cost effectiveness and allocation of
resources in the 2003 contract. and project impacts for
2004.
• Examine and assess pros cons of other agency,
contracts
• Develop and refine a long -term contract approach.
• Evaluate benefits of grant funded positions, i.e. Grant
Manager
• Negotiate 2005 police contract.
• Analyze and project infrastructure costs including,
radio, jail, GPS monitoring and booking
.1 asks:
• Maintain and increase citizen involvement on the
Advisory Board. SCOPE, Cadets, etc.
• Increase awareness and partnership with schools on
subjects such as guns, drug, and gangs.
• Expand the overall agency identification.
• Increase the public awareness of crime
statsfUCIts,`response times through education.
City of Spokane Valley
2004 Work Plan
Department: Police
Jan Feb Mar
Apr
May
Project/Activity: Continuously Improve Overall Communkation (Council Goal 3)
Jan Feb Mar Apr May
June
July
Aug Sep
June July _ 1 Aug
Oct
Sep ► Oct
Project/Activity: Participate in the Law Enforcement Aspects of the Comprehensive Plan (Comp Plan - Council Goal 2
Tasks:
Jan Feb Mar A•r Ma I June Jul Au• Sep Oct
• Develop process for identification of measurable
service level, increa cJdecrease based on factors such
as population increase, business impact'traftic related
issues.
Nov
Nov
Dec
Dec
Nov
Dec
- lan Drall
2004 Work Plan
Department: Police
Continued
Project/Activity: Develop and Strengthen External Relations (Council Goal 5)
tasks: Jan
• E xamine jurisdictional recognition. independence and
interagency cooperation.
• Achieve legislative recognition with W.S.C.J.T.C.
(Washington State Criminal Justice Training
Commission) and W.S.T.S.C. (Washington State
T raffic Safety Commission) training.
• Expand EMS planning and education to more involve
the City.
Feb
Mar Apr
May
r
June
July
Aug
Sep
Oct
Nov
Dec
2004 We -- _ _an Draft
City of Spokane Valley
2004 Work Plan
Department: Operations and Administrative Services
Project/Activity: Experiment with a Managed Competition Program (Council Goal 1)
I I
. r asks: Jan Feb Mar Apr May June July Aug
• Conduct research on managed competition programs.
• Present draft program to Council, including initial
service areas.
• Implement 2004 program.
Project/Activity: Continuously Improve Overall Communication (Council Coal 3)
Tasks:
• Further develop the City's web site to enhance citizen
participation.
• Codify City ordinances into a City Code_
• Move Council meetings to paperless agenda.
• Develop and implement the Council Action Tracking
System.
• Publish !Facts and Figurer - City ofSpokane Valley, to
include demographics, permit activity. City contact
information. etc.
Project/Activity: Develop and Evaluate options for a City Hall.
1 asks:
• Identify options for consideration.
• Analyze costs and benefits of options.
• Solicit public input and select option.
Jan Feb Mar
Jan Feb
Mar
Apr
June
Ma
June
July
July
Aug
Aug
Sep
Sep
Sep
Oct
oct
Nov
Nov
Oct Nov
Dec
Dec
Dec
2004 Wi Ian Draft
City of Spokane Valley
2004 Work Plan
Department: Operations and Administrative Services
Continued
Project/Activity: Continue to develop the City's organizational framework.
Tasks:
• Jan Feb Mar Apr Ma June July
Systematically review and revise the City's job
descriptions.
• Finalize the City's administrative policies, procedures,
forms and reports.
• Develop a disaster recovery plan for information
technology,
• Develop an employee recognition program,
• Develop and implement an employee Commute Trip
Reduction program in compliance with State law.
• Improve internal controls.
Project/Activity: Oversee City's service contracts
Tasks:
• Assess cost effectiveness of court - related contracts.
• Review all City service contracts to ensure consistency
on general provisions.
• Negotiate renewals for contracts expiring December
2004.
• Develop a long -term approach for library services.
• Work with Fire Districts I & 8 to create and distribute
informational materials for the fire annexation
election.
Jan
Feb
Mar
Apr
May
June
Sep Oct
Sep
Oct
Nov
Nov
Dec
2004 Wf lan Draft
Tasks:
• Participate on Regional Animal Control Task Force.,
• Participate on Regional Cable Advisory Board and
begin negotiations for a cable franchise.
rusks:
• Review Council Goals %Retreat information.
• Estimate revenues
• Estimate Expenditut
• Identify financial issues
• Identify options for consideration.
• Present to Council.
• incorporate Plan into 2005 Budget.
City of Spokane Valley
2004 Work Plan
Department: Operations and Administrative Services
Continued
Project / Activity: Develop and Strengthen External Relations (Council Goal 5)
Project/Activity': Develop a Five -year Strategic Financial Plan (Council Goal 4)
Jan Feb Mer June Ju Sep
Jan Feb Mar Apr
May
June
July Aug
Sep
Oct
Oct
Nov
Dec
Nov Dec
I. Assumptions
11. General Fund Projections
III. Street Fund Projections
IV. Other Funds
V. Capital Needs
A. Parks & Recreation
B. Streets
C. Other?
VI. Shortfall Summary
VII. Options:
A. Payoff Start-up Costs
B. New, Expanded Programs?
C. Reduce Expenditures?
D. Other Revenue Sources?
City of Spokane Valley
Planning Session — February 7, 2004
Finance/Budget Related Issues
Draft Five -Year Financial Forecast
Discussion Outline
City of Spokane Valley
Draft Five -year Financial Plan
Assumptions
02/03/2004
1) Maintain current service level and staffing
2) Continue to contract for services
3) Federal/State legislatures are cost neutral
4) Contract Settle & Adjust is cost neutral
5) Departmental budgets increased 6% - 7% per year
6) Contract Services increased 6% - 7% per year
7) CenterPlace calculated at a $380,000 deficit after 2004
Goneral Fund Revenues:
Sales Tax
Property Tax
Gambling Tax
Leasehold Excise Tax
Franchise Fees
State Shared Revenues
Planning & Building Fees
Fines & Forfeitures
Recreation Program Fees
Interfund Transfers
Investment Interest
Total Goneral Fund
Goneral Fund Expenditures:
Legislative
Executive & Legislative
Public Safety
Deputy City Manager
Finance
Legal
Human Resources
Public Works
Planning
Building
Library
Parks Admin
Recreation
Aquatics
Senior Center
CenterPlace
General Government
Total General Fund
2003
8 -Month 2004'
Actual Estimate
$ 111.696
317
8,826, 766
125,788
211839
146,781
39,893
432,236
510,473
358,935
815,759
75,235
10,765
825,229
12,809,070
City of Spokane Valley
2005 Budget Worksheet - Goneral Fund
21312004
$ 215,372
438,482
14,093,990
267,150
411,950
200,304
38.201
631,079
924,758
819,761
2,053,250
980,262
211,433
263,074
129,371
125,640
3,477,562
25,081,639
2005
Estimate
2006
Estimate
2007
Estimate
$6,625.192 $ 11,895,877 $ 12,014,836 $ 12,134,984 $ 12.256,334
9,259,446 9,452,040 9,646,561 9,843,026
340,443 690,000 090,000 690.000 690,000
4,887 5,000 5,000 5.000 5,000
309,375 640,000 646.400 652,864 659,393
463,634 882,816 904,886 927.509 950,696
888,598 939,000 939,000 939.000 939,000
450,036 400,000 600,000 600,000 600,000
120,139 229,000 229,000 229,000 229,000
122,500 42,500 42,500 42,500
21,314 18000 18,180 18,362 18545
9,223,818 25,081,639 25,541,843 26,885,779 28,233,495
$ 227,955 $ 243,088
467,724 500,335
15,077,314 16,129,454
287,231 309.782
442,769 477,355
209,667 219,996
40,765 43.647
676,010 726.450
981,877 1,045.677
665.773 718.008
2,135,380 2,220,795
953,578 1,010,690
220.549 230,299
278,858 295,589
138,030 147,542
380,000 380,000
2,863,610 2,373,220
26 090 27,071,905
$ 249.012
525,954
17.255,225
326,885
503.672
228,241
45,791
764,363
1.094,407
754,270
2,309,627
1,067,627
239,641
313.324
155,803
380,000
2,336,244
28,550,067
2008
Estimate
$ 12,378,897
10,041,457
890,000
5,000
665,987
974,464
939.000
600,000
229.000
42,500
18
28,685,035
$ 255,180
553,027
18,459,782
344,940
531,518
236,882
48,055
804,411
1,145,749
792,541
2,402,012
1,127,899
249.454
332,123
164,546
380,000
2,005, 789
29,833,908
2009
Estimate
$ 12,502,686
10,241,871
690,000
5,000
672,646
998,825
939,000
600,000
229,000
42,500
18,918
26,940,447
$ 261.583
581,638
19,748,640
364,064
560,978
245,941
50,447
846,717
1,199,851
832,936
2.498,092
1,191,707
259,765
352,050
173.600
380.000
1,555,785
31.103.973
• Sales tax & property tax revenues were reduced by $1,275,000 and General Government Expenditures were reduced by the same amount to reflect
current estimates
City of Spokane Valley
2005 Budget Worksheet - All Other Funds
2/3/2004
2003
9 -Month 2004' 2006 2006 2007 2008 2009
Actual Estimate Estimate Estimate Estimate Estimate Estknate
All Other Funds Revenues:
Street Fund - -
Operattng Translor - Lain Repayment 875,000 675.000 875,000 875,000 500,000
Motor Fuel Tax 1,187 1 1,211,063 1,223,173 1,235,405 1247,759
7.408.387 2.062.200 2.074.072 2,086,063 2,098,173 1,735,405 1,247,759
Arterial Street Fund 381,830 542,000 547,420 552,894 558,423 504,007 569,647
Trails & Paths Fund 12,800 5,500 5,555 5,611 5,607 5,723
Hotel/Motel Fund 205273 360,000 383.800 387,638 391,514 395,430 399,384
Debt Service 1700'03 Fund 800,000 583,000 590,000 590,100 597.000 006200
Capital Proloc2s Fund 613,001 840.000 800,000 800,000 800.000 800.000 800,000
Special Capital Projects Fund 613,001 840,000 800,000 800,000 800.000 800.000 800,000
Street Capital Profecttt Fund 80,549 3.230.000 2.100,000 2,100,000 2,100.000 2,100,000 2,100,000
Parks Capital Projects Fund - -
Mirabenu Pant Project Fund 7,135,477 -
Street Bond Capital Protects 2,490,898 - - -
Storrnwaler Management Fund 504,282 747.500 754,975 762.525 770.150 777,851 785,630
FRBR Fund 87,858 131,834 131,634 131,634 131.634 131,634 131,634
Risk Management Fund 6,378 137,500 153,000 176.000 199.000 222,000 250,000
Operating Reserve Mirabeau - -
Serv+ce Level Stabilization Reserve - 150,000 100,000 100.000 100,000 100,000
Operating Reserve • Contingency 85,000 85,000 85000 85,000 85000
Total All Other Funds 19,612,938 9,723,634 6,68!,401 6 8,836,806 8,313,994 7
All Other Funds Expenditures:
Street F und 1.214,329 3,773,164 4,973,257 5.205,625 5.448,155 5,699,723 5,967,085
Arlrrnal Street Fund 86,549 800,000 547,420 552.894 558,423 564,007 569.647
Trails A Paths Fund - -
r iutoVMotel Fund 4894 300.000 383.000 387,038 391,514 395,430 309.384
Debt Service LTG() '03 Fund - 800,000 583,000 590,000 596,100 597,000 506.200
Capital Protects Fund 30.554 180,000 848,400 858,884 865,453 874,107 882.848
Spe Capital Projects Fund - 300.000 848,400 856,884 865,453 874,107 882.848
Street Capital Projects Fund 195.401 3.219.700 3. 920,000 4,668,000 5,134,000 4,482,000 4.569,000
Parks Capital Projects Fund - 350,000 375,000 400,000 425,000 450,000
Miraboau Pant Project Fund 165,634 9,500,000 300,000 - -
Street Bond Capital Projects 48,584 2,430.000 - - .
SIornrnrater Management Fund 4,141 518,700 754,975 762,525 770.150 777,851 785,630
ERRR Fund 25,404 28,500 29,172 29.755 30,350 30,957 31,570
Risk Management fund 669 137,500 153,000 176.000 199 222,000 250,000
Total All Other Funds 1,860,169 21787.684 13 14,481.706 15,268,698 14,942,153 16,394,219
Revenues for all other funds do not include rnspoclrve beginning lurid balances. which wall by used lo finance aurent year expenditures
V eneral Fund
Sired Fund
Capital needs:
City of Spokane Valley
Planning Session — Februar} 7, 2004
Five -Year Projected Shortfall Summary
2005 2 006 2007 2008 2009
$ 500,000 $ 1.200,000 S 2,300,000 $ 3,200.000 $ 4,100,000
1,600,000 2,100,000 3,300.000 3,900,000 4,700,000
Parks 350,000 375,000 400,000 425,000 450,000
Streets 1,700,000 2,600,000 3,000,000 2,400,000 2,500,000
Other? 100,000 100,000 100,000 100.000 100.000
Total $,4,250,000 $ 6,37, (Q $ 9.190,00Q S10.025.001) SU.850