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2014, 02-04 Study Session AGENDA CITY OF SPOKANE VALLEY CITY COUNCIL WORKSHEET STUDY SESSION Tuesday,February 4,2014 6:00 p.m. CITY HALL COUNCIL CHAMBERS 11707 East Sprague Avenue,First Floor (Please Silence Your Cell Phones During the Meeting) DISCUSSION LEADER SUBJECT/ACTIVITY GOAL ROLL CALL: ACTION ITEM: 1.Mayor Grafos Mayoral Committee Appointment Motion Consideration NON-ACTION ITEMS: 2. Steve Worley 2014 Transportation Improvement Plan Discussion/Information 3.Eric Guth 2014 Pavement Preservation Discussion/Information 4.Mike Jackson Legislative Agenda for 2014 Discussion/Information 5.Mayor Grafos Advance Agenda Discussion/Information 6. Information Only (will not be reported or discussed): a. Finance Department Monthly Report b. Greater Spokane, Inc Quarterly Report 7.Mayor Grafos Council Comments Discussion/Information 8.Mike Jackson City Manager Comments Discussion/Information 9.EXECUTIVE SESSION: RCW 42.30.110(1)(i)Potential Litigation ADJOURN Note: Unless otherwise noted above,there will be no public comments at Council Study Sessions. However,Council always reserves the right to request information from the public and staff as appropriate. During meetings held by the City of Spokane Valley Council,the Council reserves the right to take "action" on any item listed or subsequently added to the agenda. The term "action" means to deliberate, discuss,review,consider,evaluate,or make a collective positive or negative decision. NOTICE: Individuals planning to attend the meeting who require special assistance to accommodate physical,hearing,or other impairments,please contact the City Clerk at(509)921-1000 as soon as possible so that arrangements may be made. Study Session Agenda,February 4,2014 CITY OF SPOKANE VALLEY Request for Council Action Meeting Date: February 4, 2014 Department Director Approval: ❑ Check all that apply: ❑ consent ❑ old business ® new business ❑ public hearing information [' admin. report Spending legislation executive session AGENDA ITEM TITLE: Motion Consideration: Mayoral Appointment to 911 Board GOVERNING LEGISLATION: Spokane County Code 1.08B Emergency Services Communications Policy Board PREVIOUS COUNCIL ACTION TAKEN: At the January 21, 2014 Council meeting, Mayor Grafos recommended, and Council confirmed,numerous appointments of Councilmembers to various boards and committees. Since that appointment, Councilmember Bates and Hafner agreed to have Councilmember Bates on the 911 Board pending Mayor Grafos' recommendation. BACKGROUND: Mayor Grafos recommends appointing Councilmember Bill Bates to the 911 Board as a replacement for the previously appointed Councilmember Chuck Hafner. OPTIONS: Move to confirm the Mayoral appointment as noted; or take other action as deemed appropriate. RECOMMENDED ACTION OR MOTION: Move to confirm the Mayoral appointment of Councilmember Bill Bates to the 911 Board in place of previously appointed Councilmember Chuck Hafner. BUDGET/FINANCIAL IMPACTS: STAFF/COUNCIL CONTACT: Mayor Grafos ATTACHMENTS n/a CITY OF SPOKANE VALLEY Request for Council Action Meeting Date: February 4, 2014 Department Director Approval: Check all that apply: ❑ consent ❑ old business ❑ new business ❑ public hearing ❑ information ® admin. Report ❑ pending legislation ❑ executive session AGENDA ITEM TITLE: Draft Amended 2014 Transportation Improvement Program (TIP) GOVERNING LEGISLATION: RCW 35.77.010 PREVIOUS COUNCIL ACTION TAKEN: Council approval for CMAQ/TA Grant Applications on March 12, 2013; Adopted the 2014-2019 Six Year TIP on June 25, 2013, Resolution #13- 006; Approved Washington Utilities and Transportation Commission (WUTC) Grade Crossing Protection Fund (GCPF) application on July 30, 2013; Info RCA January 21, 2014. BACKGROUND: Council adopted the 2014-2019 TIP based upon information staff had at that time relative to available funds and how these funds could be utilized for transportation projects. Since the adoption of the 2014-2019 TIP, staff submitted grant applications for the following projects that were selected for funding: • Vista Rd / BNSF RR Crossing Safety Improvements (WUTC-GCPF) • Appleway Trail Phase 2 (RW & CN), (Partial Federal TA funding for 2017) Additional proposed changes identified in the Amended 2014 TIP include the following: Removed projects: • Sidewalk Infill Program Phase 3, (CMAQ Funding not received) Added Projects: • Sullivan Rd Resurfacing Project (PE Phase), Sprague to Mission (STP), (Rescheduled) • Fancher Bridge over BNSF RR Expansion Joint Repair (City) • Sprague / Barker Intersection Improvements (PE Only), (Developer) • 8th Ave Reconstruction — McKinnon to Fancher • Appleway Ave Resurfacing —Thierman to Park • Euclid Ave Resurfacing — Flora to Barker • Mullan Rd Resurfacing — Dishman-Mica to Broadway Carryover projects from 2013: • Broadway @ Argonne/Mullan Concrete Intersections • Sidewalk Infill Program Phase 2 • University Overpass Study • Citywide Safety Improvements (Bike/Ped) • 2013 Pavement Preservation Projects, Phase 2 o Argonne Rd Resurfacing, Sprague to Broadway (STP) o Sprague Ave Resurfacing, Havana to 1-90 (EB Lanes Only) (STP) o Sprague Ave Resurfacing, 1-90 to Thierman (STP) o Sprague Ave Resurfacing, Herald to University (STP) • 2013 Pavement Preservation Projects, Phase 3 o Sprague Ave Resurfacing, Park to Vista Based on this information, it is recommended that the 2014 TIP be amended to reflect the deletion of the projects that did not receive funding, include those projects that were not completed in 2013 and have carried over to the 2014 construction season, and those projects added to the 2014 construction season. Since the City uses Real Estate Excise Tax (REET) monies as matching funds for state and federal grants, this amendment to the current-year TIP is necessary to meet the state law that requires REET funds to only be used on projects that have been identified in an adopted plan. Attached is a summary of the proposed changes. A public hearing on these changes to the 2014 TIP is currently scheduled for February 11, 2014. Adoption of the Amended 2014 TIP is currently scheduled for February 11, 2014. OPTIONS: Discussion RECOMMENDED ACTION OR MOTION: Discussion BUDGET/FINANCIAL IMPACTS: The projects costs shown in the draft Amended 2014 TIP are preliminary and may be adjusted prior to adoption to reflect 2013 year-end adjustments. There are sufficient capital project funds to cover the local match for these projects. STAFF CONTACT: Steve Worley, Senior Capital Projects Engineer Eric Guth, Public Works Director ATTACHMENTS: Draft Amended 2014 TIP City of Spokane Valley Department of Public Works Adopted 2014 Transportation Improvement Program Primary City Total 2014 Proj.# Project From To Source Amount Project Costs 1 0060 Argonne Road Corridor Improvements 1-90 Trent CMAQ $ 79,000 $ 582,000 2 0123 Mission Ave Improvement Project(PE/RW Only) Flora Barker STP(U) $ 74,000 $ 548,000 3 0141 Sullivan/Euclid Concrete Intersection(PE) Sullivan Euclid STP(U) $ 7,000 $ 52,000 4 0145 Spokane Valley-Millwood Trail(PE Only) SCC Valley Mall STP(E) $ - $ 440,000 5 0155 Sullivan West Bridge#4508 Sullivan @Spokane River BR $ 893,000 $ 8,440,000 6 0156 Mansfield Ave Connection Project(PE/RW Only) Pines(SR 27) Houk St. TIB-UCP $ 13,000 $ 951,000 7 0166 Pines(SR-27)/Grace Intersection Safety Project Pines(SR 27)@ Grace Ave HSIP $ - $ 523,000 8 0176 Appleway Trail Phase 2(RW&CN) University Evergreen CMAQ $ 343,000 $ 2,542,000 9 0177 Sullivan Road Corridor Traffic Study 1-90 Wellesley STP(U) $ 27,000 $ 200,000 10 0180 Sprague Avenue Resurfacing Project Vista Argonne STP(U) $ 91,000 $ 670,000 11 0181 Citywide Traffic Sign Upgrade Various locations QRSP $ - $ 100,000 12 0186 Adams St. Resurfacing Project 4th Sprague CDBG $ 27,000 $ 195,000 13 0187 Sprague Avenue Resurfacing Project Argonne Herald STP(U) $ 98,000 $ 725,000 14 ITS Infill Project Various locations CMAQ $ 4,000 $ 26,000 15 Sidewalk Infill Program-Phase 3 Various locations CMAQ $ 12,000 $ 87,000 16 2014 Street Preservation Project Various locations City $ 2,000,000 $ 2,000,000 $ 3,668,000 $ 18,081,000 Funded Projects Planned Projects City of Spokane Valley Department of Public Works DRAFT AMENDED 2014 Transportation Improvement Program Resolution 14- ,( ,2014) Primary City Total 2014 Proj.# Project From To Source Amount Project Costs 1 0060 Argonne Road Corridor Improvements 1-90 Trent CMAQ $ 76,785 $ 568,800 2 0123 Mission Ave Improvement Project(PE/RW Only) Flora Barker STP(U) $ 66,230 $ 490,600 3 0141 Sullivan/Euclid Concrete Intersection(PE Only) Sullivan Euclid STP(U) $ 18,700 $ 138,500 4 0142 Broadway @ Argonne/Mullan Conc.Intersections(PE/RW) Broadway @Argonne/Mullan STP(U) $ 20,740 $ 153,650 5 0145 Spokane Valley-Millwood Trail(PE Only) SCC Valley Mall STP(E) $ - $ 440,000 6 0149 Sidewalk Infill Program-Phase 2 Various locations CMAQ $ 56,700 $ 226,800 7 0155 Sullivan West Bridge#4508 Sullivan @Spokane River BR $ 893,000 $ 8,440,000 8 0156 Mansfield Ave Connection Project Pines(SR 27) Houk St. TIB-UCP $ 92,500 $ 1,850,000 9 0159 University Rd/1-90 Overpass Study University 1-90 CMAQ $ 13,300 $ 98,500 10 0166 Pines(SR-27)/Grace Intersection Safety Project Pines(SR 27)@ Grace Ave HSIP $ - $ 648,500 11 0167 Citywide Safety Improvements(Bike/Ped.) Various locations HSIP $ 71,000 $ 472,000 12 0177 Sullivan Road Corridor Traffic Study 1-90 Wellesley STP(U) $ 22,500 $ 166,700 13 0176 Appleway Trail Phase 2(RW&CN) University Evergreen CMAQ $ 343,000 $ 2,542,000 14 ITS Infill Project(PE Only) Various locations CMAQ $ 4,000 $ 26,000 15 Sidewalk Infill Program Phase 3 Various locations GMAQ 2013 Street Preservation Projects-Phase 2 16 0179 -Argonne Rd Resurfacing Project Sprague Broadway STP(U) $ 49,275 $ 365,000 17 0179 -Sprague Avenue Resurfacing Project(EB Lanes) Havana 1-90 STP(U) $ 83,700 $ 620,000 18 0179 -Sprague Avenue Resurfacing Project 1-90 Thierman STP(U) $ 48,600 $ 360,000 19 0179 -Sprague Avenue Resurfacing Project Herald University STP(U) $ 56,025 $ 415,000 2013 Street Preservation Projects-Phase 3 20 0180 -Sprague Avenue Resurfacing Project Park Vista STP(U) $ 91,000 $ 670,000 21 2014 Street Preservation Project Various locations City $ 1,300,000 $ 1,300,000 22 0196 -8th Ave Reconstruction Project McKinnon Fancher City $ 300,000 $ 300,000 23 -Appleway Ave Resurfacing Thierman Park City $ 400,000 $ 400,000 24 -Euclid Ave Resurfacing Project Flora Barker City $ 227,000 $ 227,000 25 -Mullan Rd Resurfacing Project Dishman-Mica Broadway City $ 215,000 $ 215,000 26 0181 Citywide Traffic Sign Upgrade Various locations QRSP $ - $ 133,800 27 0186 Adams St. Resurfacing Project 4th Sprague CDBG $ 28,000 $ 206,550 28 0187 Sprague Avenue Resurfacing Project Vista Herald STP(U) $ 98,000 $ 725,000 29 0188 Sullivan Rd Resurfacing Project(PE Only) Sprague Mission STP(U) $ 11,450 $ 84,800 30 0191 Vista Rd/BNSF RR Crossing Safety Improvements Vista @ BNSF RR WUTC $ 10,750 $ 50,750 31 Fancher Bridge over BNSF RR Expansion Joint Repair Fancher @ BNSF RR City $ 107,000 $ 107,000 32 Sprague/Barker Intersection Improvements(PE Only) Sprague @ Barker Private $ - $ 55,000 $ 4,704,255 $ 22,496,950 Projects and timeframes identified in the TIP are to be considered estimates only that may change due to a variety of circumstances,and are not intended by the City to be relied upon by property owners or developers in making development decisions. Funded Projects Added Projects 2013 Carry Over Projects P:\Public Works\Capital Projects\CIP-TIP Funding\2014-2019 TIP\Amended 2014 TIPWmended 2014 TIP.xlsx 1/29/2014 CITY OF SPOKANE VALLEY Request for Council Action Meeting Date: February 4, 2014 Department Director Approval: Check all that apply: ❑ consent ❑ old business [' new business [' public hearing ❑ information ® admin. Report ❑ pending legislation ❑ executive session AGENDA ITEM TITLE: Review of the 2014 Pavement Preservation Projects GOVERNING LEGISLATION: PREVIOUS COUNCIL ACTION TAKEN: Council adopted the 2014 Annual Budget on October 22, 2013. BACKGROUND: At the last City Council Meeting, Council requested that staff bring back for discussion the 2014 pavement preservation project list. Attached is a spreadsheet showing the 2014 pavement preservation projects, funding sources and overall project costs. Also, included in the list are the 2013 carryover projects. OPTIONS: Discussion RECOMMENDED ACTION OR MOTION: Discussion BUDGET/FINANCIAL IMPACTS: The 2013 Pavement Preservation — Phase 3 is a carryover project from 2013 which would need a supplemental appropriation in 2014. STAFF CONTACT: Eric Guth, Public Works Director ATTACHMENTS: Spreadsheet identifying the 2014 pavement preservation projects 2014 Preservation projects Funding Streets From To Source Appleway Ave Resurfacing Thierman Park City 0186 Adams St. Resurfacing Project 4th Sprague CDBG 0187 Sprague Avenue Resurfacing Project Vista Herald STP(U) 188 Sullivan Road Resurfacing Project(PE Only) Sprague Mission STP(U) 2013 Street Preservation Projects- Phase 2 0179 -Argonne Rd Resurfacing Project Sprague Broadway STP(U) 0179 - Sprague Avenue Resurfacing Project(EB Lanes) Havana 1-90 STP(U) 0179 - Sprague Avenue Resurfacing Project 1-90 Thierman STP(U) 0179 - Sprague Avenue Resurfacing Project Herald University STP(U) 2013 Street Preservation Projects- Phase 3 0180 - Sprague Avenue Resurfacing Project Park Vista STP(U) Total Estimated Pavement Preservation Projects Expenditures = $4,265,521 CITY OF SPOKANE VALLEY Request for Council Action Meeting Date: February 4, 2014 Department Director Approval ❑ Item: Check all that apply: [' consent ❑ old business ❑ new business ❑ public hearing ❑ information ® admin. report ❑ pending legislation AGENDA ITEM TITLE : Legislative Agenda Update GOVERNING LEGISLATION: PREVIOUS COUNCIL ACTION TAKEN: BACKGROUND: Council expressed a desire to further discuss legislative issues associated with Council's Legislative Agenda and the ongoing 2014 Legislative Session. OPTIONS: RECOMMENDED ACTION OR MOTION: BUDGET/FINANCIAL IMPACTS: STAFF CONTACT: Mike Jackson, City Manager ATTACHMENTS Finalized Amended Legislative Agenda Spokane Walley 2013-14 Amended Legislative Agenda The following is the City of Spokane Valley's 2013-2014 legislative agenda, adopted by Council at their December 18, 2012 Council meeting, and amended by Council Consensus at their December 10,2013 meeting: Appleway Trail Project Seek$2,000,000 in funding in the 2015-2017 Capital Budget for the development of Phase II of the former Milwaukie Railroad right-of-way as a unique, two-mile green space and trail in the heart of Spokane Valley's commercial district. The project is expected to increase use of the commercial corridor,benefitting the economy and creating new jobs. The project will provide a much needed route for non-motorized travel along Spokane Valley's principle east-west commercial arterial, connecting the Spokane Transit Authority Transit Center,business districts, schools, and medium-high density housing. Community members have been actively involved in development of a Conceptual Design for the project, which includes: a paved trail,plazas,play spaces and gathering places,public art, perennial gardens, space for community gardens, mountain bike trail, and lighting and safety crossings. The current cost estimate for the two-mile portion of Phase II of the Appleway Trail Project (University to Evergreen) is $2,692,320. Spokane Valley has received grant funding in the amount of $642,852 from Spokane Regional Transportation Council in their last Call for Projects. The design drawings are 90%complete. In 2008, the City constructed Phase I which included 1.2 miles of pathway from Corbin Road to the east City limits. If successful in this funding request, the City would construct Phase II as described above. Phase III would consist of two miles of trail from Evergreen Road to Corbin Road. The total funds required to complete Phase II and Phase III are estimated at $5,286,000. Protect the Local-State Shared Revenues The City of Spokane Valley encourages the state to preserve local state-shared revenues, and restore funding to those accounts revised and reduced during the last legislative session. These funds include the Liquor Excise Tax Account, Liquor Board Profits, Streamlined Sales Tax Mitigation, Municipal Criminal Justice Assistance Account, and City-County Assistance Account. In 2013,the Legislature permanently reduced local Liquor Excise Tax distributions to cities. In Spokane Valley,this resulted in approximately a 75% reduction ($437,486 in 2011 to $108,900 in 2014). The Legislature also capped the local government share of Liquor Board Profits at a fixed rate. The City supports restoring shared Liquor Excise Tax revenues; restoring growth in local Liquor Board Profits so that cities can share in the increasing liquor revenues; and, protecting and maintaining funding to other state-share revenue accounts. The City also requests consideration for receiving shared revenues in any and all new state programs where the City would have operating, enforcement, or financial obligations associated with the activities of these new programs. Additional Lien Authority to Recoup Code Enforcement Costs The City of Spokane Valley seeks legislation to provide cities with additional tools to recoup costs for enforcing code compliance when a court order has been issued and a city performs the abatement itself or through a contractor. The legislation would provide cities with the same authority that counties currently have to impose a priority lien on the property, and would also authorize cities to collect such liens on the following year's property tax assessment. Long-Range Legislative Agenda Item Transportation Project—Barker ROad/BNSF Grade Separation The City of Spokane Valley supports identifying future funding opportunities for the Barker Road/BNSF Grade Separation project. As the state experiences an increase in rail traffic, this particular intersection will become increasingly congested and dangerous. This project will separate vehicle traffic from train traffic and remove the at-grade rail crossing. The total anticipated cost is $26 million. The City has secured $5.2 million from the Washington State Freight Mobility Strategic Investment Board and the project has been identified as regionally significant by the Inland Pacific Hub Study. Long-term, the City is seeking $2 lmillion in future funding for the Barker Road/BNSF Grade Separation. Additional benefits include: Improve the Level of Service (LOS) of`F' at this intersection, allowing for new development in the industrial-zoned portion of the City; improve emergency access; and help to address concerns about coal trains, including impeded traffic flow, increased whistle noise, and train-vehicle conflict safety. The City supports the Association of Washington Cities'legislative agenda items that serve the best interests of Spokane Valley. DRAFT ADVANCE AGENDA For Planning Discussion Purposes Only as of January 30, 2014; 8:30 a.m. Please note this is a work in progress; items are tentative To: Council & Staff From: City Clerk, by direction of City Manager Re: Draft Schedule for Upcoming Council Meetings Feb 11,2014,Formal Meeting Format,6:00 p.m. [clue Mon,Feb 3] 1. PUBLIC HEARING: Proposed Amended 2014 TIP—Steve Worley (15 minutes) 2. Consent Agenda(claims,payroll,minutes) (5 minutes) 3. Proposed Resolution Amending 2014 TIP—Steve Worley (15 minutes) 4.Admin Report: Avista Electrical Franchise—Cary Driskell (10 minutes) 5.Admin Report: Governance Manual—Chris Bainbridge, Cary Driskell,Mike Jackson (20 minutes) 6.Admin Report: Annual Accomplishments Report for 2013—Mike Jackson/Dept Directors (60 minutes) 7.Admin Report: Advance Agenda 8. Info Only: Beekeeping [*estimated meeting: 125 minutes] Feb 18,2014,Winter Workshop Special Meeting: 8:30 a.m.—4:30 p.m. [due Mon,Feb 10] Meeting will be held in Council Chambers. Tentative agenda items include: council goals/work plan; business plan; solid waste; economic development; capital projects priorities; legislative committee; law enforcement; criminal justice February 18,2014,No Evening Meeting Feb 25,2014, Formal Meeting Format,6:00 p.m. [due Tue,Feb 18] 1. Consent Agenda(claims,payroll,minutes) (5 minutes) 2. Proposed Resolution adopting Governance Manual—Chris Bainbridge (10 minutes) 3.Motion Consideration: Decant Facility Phase 2 Bid Award—Eric Guth (10 minutes) 4.Admin Report: Permitted Use Matrix—John Hohman,Mike Basinger (20 minutes) 5.Admin Report: Advance Agenda (5 minutes) 6. Info Only: (a) SRTC Call for Projects [STP Funding];(b)Dept Monthly Rpts [*estimated meeting: 50 minutes] February 28,2014, 9 a.m.—noon—Spokane Regional Council of Governments Spokane Co Fair&Expo Center,Conference Facility,404 N Havana St March 4,2014, Study Session Format,6:00 p.m. [due Mon,Feb 24] 1.Advance Agenda (5 minutes) [*estimated meeting: minutes] March 8—12, 2014, NLC Congressional City Conference, Washington, D.C. March 11,2014,Formal Meeting Format,6:00 p.m. [due Mon,March 3] 1. Consent Agenda(claims,payroll,minutes) (5 minutes) 2.Admin Report: Advance Agenda (5 minutes) [*estimated meeting: minutes] March 18,2014, Study Session Format,6:00 p.m. [due Mon,March 10] 1. SRTC Call for Projects(STP Funding)—Eric Guth (15 minutes) 2.Advance Agenda (5 minutes) [*estimated meeting: minutes] Draft Advance Agenda 1/30/2014 11:51:02 AM Page 1 of 2 March 25,2014, Formal Meeting Format,6:00 p.m. [due Mon,March 17] 1. Consent Agenda(claims,payroll,minutes) (5 minutes) 2.Motion Consideration: SRTC Call for Projects—Eric Guth (10 minutes) 3.Admin Report: Advance Agenda (5 minutes) 4. Info Only: Department Monthly Reports [*estimated meeting: minutes] April 1,2014, Study Session Format,6:00 p.m. [due Mon,March 24] 1. Comp Plan Amendments(CPA 2014)Admin Report—Lori Barlow (20 minutes) 2.Advance Agenda (5 minutes) [*estimated meeting: minutes] April 8,2014,Formal Meeting Format,6:00 p.m. [due Mon,March 31] 1. Consent Agenda(claims,payroll,minutes) (5 minutes) 2.First Reading Proposed Ordinance,Comp Plan Amendments—Lori Barlow (15 minutes) 3.First Reading Proposed Ordinance, Comp Plan Map—Lori Barlow (10 minutes) 4.Admin Report: Advance Agenda (5 minutes) [*estimated meeting: minutes] April 15,2014,Study Session Format, 6:00 p.m. [due Mon, April 7] 1.Advance Agenda (5 minutes) [*estimated meeting: minutes] April 22,2014, Formal Meeting Format,6:00 p.m. [due Mon,April 14] 1. Consent Agenda(claims,payroll,minutes) (5 minutes) 2. Second Reading Proposed Ordinance, Comp Plan Amendments—Lori Barlow (10 minutes) 3. Second Reading Proposed Ordinance, Comp Plan Map—Lori Barlow (10 minutes) 4.Admin Report: Advance Agenda (5 minutes) 5. Info Only: Department Monthly Reports [*estimated meeting: minutes] April 29,2014, Study Session Format, 6:00 p.m. [due Mon,April 21] 1.Advance Agenda (5 minutes) [*estimated meeting: minutes] May 6,2014, Study Session Format,6:00 p.m. [due Mon, April 28] 1.Advance Agenda (5 minutes) [*estimated meeting: minutes] May 13,2014,Formal Meeting Format, 6:00 p.m. [due Mon,May 5] 1. Consent Agenda(claims,payroll,minutes) (5 minutes) 2.Admin Report: Advance Agenda (5 minutes) [*estimated meeting: minutes] OTHER PENDING AND/OR UPCOMING ISSUES/MEETINGS: ADA Transition Plan STA Bus Shelters Avista Electrical Franchise Stormwater Swales,care of AWC June 2014 conference Street Vacation Process CDBG(Comm Dev Block Grants) Coal Train EIS (Environmental Impact Statement) *time for public or Council comments not included Disaster Response (Fire Dept) Future Acquisition Areas Public Safety Contract,Proposed Amendment Sports Commission Update Draft Advance Agenda 1/30/2014 11:51:02 AM Page 2 of 2 cii� cx� Stiokalle Valley 11707 E Sprague Ave Suite 106 ♦ Spokane Valley WA 99206 509.921.1000 • Fax: 509.921.1008 + cityhall@spokanevalley.org Memorandum To: Mike Jackson, City Manager From: Mark Calhoun Cfinance Director Date: January 16, 2014 Re Finance Department Activity Report — December 2013 2013 Yearend Process We are in the preliminary phases of closing the 2013 books and hope to have this process complete by the end of March. This process typically continues through March because we continue to receive additional information pertaining to both revenues and expenditures (particularly construction related activity). Following the closing of the books we will begin the process of preparing our annual financial report which will be finished by the end of May. We hope to have the State Auditor's Office on site by early June to begin the audit of 2013. Lodging Tax Through 2013 Council had a number of discussions regarding the distribution of lodging tax proceeds and this culminated on December 10 with the Council's final determination of 2014 awards. The calendar leading through the 2014 award process was as follows: • September 4 Letters mailed to agencies that have historically received funding, media release to City website and notice to newspapers. • October 4 Grant applications due at City Hall. • October 16 Grant applicant presentations to lodging tax advisory committee. • October 29 Admin report to Council on results of lodging tax advisory committee meeting. • December 10 City Council motion consideration: Award lodging tax for 2014. Fee Resolution As a part of preparing the annual budget City Departments were asked to review the Master Fee Schedule that was in place and determine whether changes in fees charged and/or language used in the governing resolution should be altered. This lead to an annual update to the fee resolution that sets fees for the following year. The Master Fee Schedule was adopted after advancing through the following calendar: • November 12 Admin report on proposed changes to the fee resolution • December 10 Council adoption of the fee resolution. Budget to Actual Comparison Report A report reflecting 2013 Budget to Actual Revenues and Expenditures for those funds for which a 2013 Budget was adopted (and amended on October 22) is located on pages 5 through 16. Because we attempt to provide this information in a timely manner this report is prepared from records that are not formally closed by the Finance Department at month end or reconciled to 1LSV-FS2LUserslmcalhouniFinance Activity Reports1201312013 12 Preliminary no 1.docx Page 1 bank records. As I indicated earlier in this report I anticipate updates to revenues and expenditures in all funds prior to the time the 2013 books are finally closed We've included the following information in the report: • Revenues by source for all funds, and expenditures by department in the General Fund and by type in all other funds. • A breakdown between recurring and nonrecurring revenues and expenditures in the General Fund, Street O&M Fund and Stormwater Fund. • The change in fund balance including beginning and ending figures. The beginning fund balance figures are those that are reflected in the 2012 Annual Financial Report. • Columns of information include: o The amended 2013 Budget as adopted. o December 2013 activity. o Cumulative 2013 activity through December 2013. o Budget remaining in terms of dollars. o The percent of budgeted revenue collected or budgeted expenditures disbursed. A few points related to the General Fund #001 (page 5): Recurring revenues collections are currently at 98.86% of the amount budgeted with 100.0% of the year elapsed. This is typical and reflective of the nature of the timing of when revenues are collected. • Property tax collections have reached $10,791,512 or 98.61% of the amount budgeted. Property taxes are paid to Spokane County Treasurer in two installments each year on April 30 and October 31. The greatest portion of these monies are then remitted to the City in May and November, with lesser amounts typically received in June and December. In January we receive one final payment related to 2013 collections. • Sales tax collections represent only 11-months of collections thus far because taxes collected in December are not remitted to the City by the State until the latter part of January. Collections are currently $15,179,483 or 99.54% of the amount budgeted. • Gambling taxes are at $408,020 or 66.64% of the amount budgeted. These taxes are paid quarterly with the fourth quarter taxes due by January 31. • Franchise Fee and Business Registration revenues are typically received in the month following a calendar year quarter. Through November we have received $950,497 or 83.74% of the amount budgeted. With the receipt of fourth quarter franchise fees in January I anticipate total revenues will likely exceed the amount budgeted. • State shared revenues are composed of State of Washington distributions that include items such as liquor board profits, liquor excise tax, streamlined sales tax mitigation and criminal justice monies. Most of these revenues are paid by the State in the month following a calendar quarter. Through December we've booked remittances totaling $1,692,368 or 100.46% of the amount budgeted. • Fines, forfeitures and penalties revenues are composed of monthly remittances from Spokane County with payments made in the month following the actual assessment of a fine and false alarm fees. Through December 2013 we've received remittances for the period January through November with receipts of$1,390,388 or 85.18% of the amount budgeted. • Community Development service revenues are largely composed of building permits and plan review fees as well as right of way permits. Revenues are currently$1,692,789 or 144.19% of the amount budgeted. • Recreation program fees are composed of revenues generated by the variety of parks and recreation programs including classes, swimming pools (in-season), and CenterPlace, Currently, revenues total $556,167 or 97.32% of the amount budgeted, 11SV FS21UsersimcaihouniFinance Activity Reports1201312013 12 Preliminary no 1.docx Page 2 Recurring expenditures are currently at 94.00% of the amount budgeted with 100.0% of the year elapsed. Investments (page 17) Investments at December 31St total $49,113,891 and are composed of$44,057,320 in the Washington State Local Government Investment Pool and $5,056,571 in bank CDs, Total Sales Tax Receipts (page 18) Total sales tax receipts reflect State remittances through December and total $17,121,937 including general, criminal justice and public safety taxes. This figure is $1,175,137 (7.37%) greater than for the same 11-month period in 2012, Economic Indicators (pages 19 — 21) The following economic indicators provide information pertaining to three different sources of tax revenue that provide a good gauge of the health and direction of the overall economy. 1. Sales taxes (page 19) provide a sense of how much individuals and businesses are spending on the purchase of goods. 2. Hotel / Motel taxes (page 20) provide us with a sense of overnight stays and visits to our area by tourists or business travelers. 3. Real Estate Excise taxes (page 21) provide us with a sense of real estate sales. Page 19 provides a 10-year history of general sales tax receipts (not including public safety or criminal justice) with monthly detail beginning January 2004. • Compared with calendar year 2012, 2013 collections have increased by $1,075,295 or 7.62%. • Tax receipts peaked in 2007 at $17.4 million and dropped off dramatically in the subsequent three years. Page 20 provides a 10-year history of hotel/motel tax receipts with monthly detail beginning January 2004. • Compared with calendar year 2012, 2013 collections have increased by $24,862 or 5.41%, • Collections peaked in 2012 at $490,004 and we anticipate December 2013 receipts (recorded in January 2014) will cause 2013 expenditures to easily outpace 2012 record collections. Page 21 provides a 10-year history of real estate excise tax receipts with monthly detail beginning January 2004. • Compared with calendar year 2012, 2013 collections have increased by $134,814 or 12.13%. • Tax receipts peaked in 2007 at nearly $2.6 million, decreased precipitously in 2008 and 2009, and have since been gaining ground. Debt Capacity and Bonds Outstanding (page 22) This page provides information on the City's debt capacity, or the dollar amount of General Obligation (G.O.) Bonds the City may issue, as well as an amortization schedule of the bonds the City currently has outstanding. • The maximum amount of G.O. bonds the City may issue is determined by the assessed value and the preliminary 2013 assessed value for 2014 property taxes is $7,170,874,227. Following the City's December 1, 2013, bond payment, the City currently has $7,435,000 of nonvoted G.O. bonds outstanding which represents 6.91% of our nonvoted bond capacity, and 1.38% of our total debt capacity for all types of bonds. 11SV-FS24UserslmcalhounlFinance Activity Reports4201312013 12 Preliminary no 1.docx Page 3 • The $7,435,000 of bonds the City currently has outstanding is part of the 2003 nonvoted (LTGO) bond issue. Of this amount: o $5,990,000 remains on bonds issued for the construction of CenterPlace. These bonds are repaid with a portion of the 1/10 of 1% sales tax that is collected by the Spokane Public Facilities District. o $1,445,000 remains on bonds issued for road and street improvements around CenterPlace. The bonds are repaid with a portion of the real estate excise tax collected by the City. IISV-FS21UserslmcalhounlFinance Activity Reports1201312013 12 Preliminary no 1.docx Page 4 P:1Finance\For City Council\Council Monthly Reports1201312013 12 31 PRELIMINARY CITY OF SPOKANE VALLEY,WA Budget Year 2013 Budget to Actual Comparison of Revenues and Expenditures Elapsed= 100.0% For the Twelve-Month Period Ended December 31,2013 2013 Actual Actual thru Budget %of Budget December December 31 Remaining Budget #001 -GENERAL FUND 'RECURRING ACTIVITY Revenues Property Tax 10,943,700 614,915 10,791,512 (152,188) 98.61% Sales Tax 15,250,000 1,362,021 15,179,483 (70,517) 99.54% Sales Tax-Criminal Justice 1,280,000 116,753 1,245,991 (34,009) 97.34% Sales Tax-Public Safety 750,000 65,315 696,462 (53,538) 92.86% Gambling Tax and Leasehold Excise Tax 612,300 1,909 408,020 (204,280) 66.64% Franchise Fees/Business Registration 1,135,000 10,554 950,497 (184,503) 83.74% State Shared Revenues 1,684,600 347,797 1,692,368 7,768 100.46% Fines, Forfeitures and Penalties 1,632,300 99,043 1,390,388 (241,912) 85.18% Community Development 1,174,000 59,752 1,692,789 518,789 144.19% Recreation Program Fees 571,500 27,443 556,167 (15,333) 97.32% Miscellaneous Department Revenue 0 7,915 90,429 90,429 #DIV/0! Miscellaneous&Investment Interest 158,200 11,237 124,743 (33,457) 78.85% Transfer-in -#101 (street admin) 39,700 3,308 39,700 (0) 100.00% Transfer-in -#105(h/m tax-CP advertising) 30,000 0 0 (30,000) 0.00% Transfer-in -#402(stormadmin) 13,400 1,117 13,400 0 100.00% Total Recurring Revenues 35,274,700 2,729,077 34,871,950 (402,750) 98.86% Expenditures City Council 390,111 24,929 334,971 55,140 85.87% City Manager 637,984 83,349 631,420 6,564 98.97% Legal 474,161 46,797 440,113 34,048 92.82% Public Safety 22,139,200 1,793,429 21,288,762 850,438 96.16% Deputy City Manager 609,706 49,339 434,333 175,373 71.24% Finance 1,089,633 86,712 1,031,749 57,884 94.69% Human Resources 232,469 18,649 210,849 21,620 90.70% Public Works 876,443 62,788 657,449 218,994 75.01% Community Development-Administration 269,925 19,258 230,277 39,648 85.31% Community Development-Engineering 865,595 69,287 815,576 50,019 94.22% Community Development-Planning 912,493 80,188 970,508 (58,015) 106.36% Community Development-Building 1,175,332 79,026 1,005,890 169,442 85.58% Parks&Rec-Administration 270,717 19,064 246,733 23,984 91.14% Parks&Rec-Maintenance 789,000 62,046 703,291 85,709 89.14% Parks&Rec-Recreation 231,321 13,775 209,003 22,318 90.35% Parks&Rec-Aquatics 485,600 1,619 478,028 7,572 98.44% Parks&Rec-Senior Center 88,143 6,805 81,005 7,138 91.90% Parks&Rec-CenterPlace 800,884 59,053 753,376 47,508 94.07% Pavement Preservation 855,857 855,857 855,857 0 100.00% General Government 1,799,100 252,746 1,495,877 303,223 83.15% Transfers out-#502(insurance premium) 319,000 26,583 319,000 0 100.00% Total Recurring Expenditures 35,312,674 3,711,300 33,194,067 2,118,607 94.00% Recurring Revenues Over(Under) Recurring Expenditures (37,974) (982,222) 1,677,883 1,715,857 NONRECURRING ACTIVITY Revenues Transfer in-#120(excess reserves) 50,787 0 50,787 0 100.00% Total Nonrecurring Revenues 50,787 0 50,787 0 100.00% Expenditures Transfers out-#309(park grant match) 50,000 4,167 50,000 (0) 100.00% Transfers out-#312(Capital Reserve Fund) 7,826,207 0 7,826,207 0 100.00% Parks&Recreation Related 56,962 15,010 56,212 750 98.68% Carpet at City Hall 25,000 0 0 25,000 0.00% Total Nonrecurring Expenditures 7,958,169 19,176 7,932,419 25,750 99.68% Nonrecurring Revenues Over(Under) Nonrecurring Expenditures (7,907,382) (19,176) (7,881,632) 25,750 Excess(Deficit)of Total Revenues Over(Under)Total Expenditures (7,945,356) (1,001,399) (6,203,748) 1,741,608 Beginning unrestrictedfund balance 28,801,231 28,801,231 Ending unrestricted fund balance 20,855,875 22,597,483 Page 5 P:\FinancelFor City Council\Council Monthly Reports1201312013 12 31 PRELIMINARY CITY OF SPOKANE VALLEY,WA Budget Year 2013 Budget to Actual Comparison of Revenues and Expenditures Elapsed= 100.0% For the Twelve-Month Period Ended December 31,2013 2013 Actual Actual thru Budget %of Budget December December 31 Remaining Budget SPECIAL REVENUE FUNDS #101 -STREET FUND RECURRING ACTIVITY 1 Revenues Motor Vehicle Fuel(Gas)Tax 1,861,100 164,303 1,725,914 (135,186) 92.74% investment Interest 5,000 209 2,732 (2,268) 54.64% Insurance Premiums&Recoveries 0 1,157 1,790 1,790 #DIV/0! Utility Tax 2,900,000 212,947 2,349,625 (550,375) 81.02% Miscellaneous Revenue 0 0 0 0 #DIV/01 Total Recurring Revenues 4,766,100 378,616 4,080,061 (686,039) 85.61% Expenditures Wages/Benefits 1 Payroll Taxes 573,170 55,556 582,013 (8,843) 101.54% Supplies 72,200 34,245 381,726 (309,526) 528.71% Services&Charges 2,925,152 67,907 2,181,727 743,425 74.59% Intergovernmental Payments 851,000 22,374 656,000 195,000 77.09% Interfund Transfers-out-#001 39,700 3,308 39,700 0 100.00% Interfund Transfers-out-#501 (plow replace.) 150,000 12,500 150,000 0 100.00% Interfund Transfers-out-#501 (non-plow vehicle 10,777 898 10,777 0 100.00% Interfund Transfers-out-#311 (pavementpreserva 282,000 0 282,000 0 100.00% Total Recurring Expenditures 4,903,999 196,788 4,283,943 620,056 87.36% Recurring Revenues Over(Under) Recurring Expenditures (137,899) 181,828 (203,881) (65,982) NONRECURRING ACTIVITY Revenues Grants 200,000 625 172,129 (27,871) 86.06% Interfund Transfers in-#302 0 0 26,912 26,912 #DIV/01 Miscellaneous 0 274 12,911 12,911 #DIV/0! Total Nonrecurring Revenues 200,000 898 211,953 11,953 105.98% Expenditures Interfund Transfers-out-#303 0 0 138 (138) #DIV/01 0133-Sprague/Sullivan ITS 200,000 0 199,505 495 99.75% Capital Outlay-Buildings&Structures 0 0 5,979 (5,979) #DIV/01 Total Nonrecurring Expenditures 200,000 0 205,621 (5,621) 102.81% Nonrecurring Revenues Over(Under) Nonrecurring Expenditures 0 898 6,332 6,332 Excess(Deficit)of Total Revenues Over(Under)Total Expenditures (137,899) 182,726 (197,550) (59,651) Beginning fund balance 2,228,437 2,228,437 Ending fund balance 2,090,538 2,030,888 Page 6 P:IFinancelFor City CouncillCouncil Monthly Reports1201 31201 3 12 31 PRELIMINARY CITY OF SPOKANE VALLEY,WA Budget Year 2013 Budget to Actual Comparison of Revenues and Expenditures Elapsed= 100.0% For the Twelve-Month Period Ended December 31,2013 2013 Actual Actual thru Budget %of Budget December December 31 Remaining Budget 'SPECIAL REVENUE FUNDS-continued #103-PATHS&TRAILS Revenues Motor Vehicle Fuel(Gas)Tax 7,800 0 0 (7,800) 0.00% Investment Interest 0 4 48 48 #DIV/O! Total revenues 7,800 4 48 (7,752) 0.61% Expenditures Miscellaneous 0 0 0 0 #DIV/0! Capital Outlay 0 0 0 0 #DIV/0! Total expenditures 0 0 0 0 #DIV/0! Revenues over(under)expenditures 7,800 4 48 (7,752) Beginning fund balance 63,941 63,941 Ending fund balance 71,741 63,989 #105-HOTEL l MOTEL TAX FUND Revenues Hotel/Motel Tax 490,000 42,542 484,434 (5,566) 98.86% Investment Interest 500 40 351 (149) 70.23% Total revenues 490,500 42,582 484,785 (5,715) 98.83% Expenditures Interfund Transfers-#001 30,000 0 0 30,000 0.00% City directed marketing efforts 55,000 17,316 20,438 34,562 37.16% Tourism Promotion 425,500 44,923 369,920 55,580 86.94% Total expenditures 510,500 62,238 390,358 120,142 76.47% Revenues over(under)expenditures (20,000) (19,657) 94,427 (125,857) Beginning fund balance 206,772 206,772 Ending fund balance 186,772 301,198 Page 7 P:1FinancelFor City CouncillCouncil Monthly Reports1201312013 12 31 PRELIMINARY CITY OF SPOKANE VALLEY,WA Budget Year 2013 Budget to Actual Comparison of Revenues and Expenditures Elapsed= 100.0% For the Twelve-Month Period Ended December 31,2013 2013 Actual Actual thru Budget %of Budget December December 31 Remaining Budget SPECIAL REVENUE FUNDS-continued #120-CENTER PLACE OPERATING RESERVE FUND Revenues Investment Interest 0 0 0 0 #DIV/0! Interfund Transfer 0 0 0 0 #DIV/0! Total revenues 0 0 0 0 #DIV/01 Expenditures Operations 0 0 0 0 #DIV/0! Interfund Transfer-out-#001 50,787 0 50,787 (0) 100.00% Total expenditures 50,787 0 50,787 (0) 100.00% Revenues over(under)expenditures (50,787) 0 (50,787) 0 Beginning fund balance 350,787 350,787 Ending fund balance 300,000 300,000 #121 -SERVICE LEVEL STABILIZATION RESERVE FUND Revenues Investment Interest 7,000 481 6,537 (463) 93.39% Interfund Transfer 0 0 0 0 #DIV/0! Total revenues 7,000 481 6,537 (463) 93.39% Expenditures Operations 0 0 0 0 #DIV/0! Total expenditures 0 0 0 0 #DIV/0! Revenues over(under)expenditures 7,000 _ 481 6,537 (463) Beginning fund balance 5,441,531 5,441,531 Ending fund balance 5,448,531 5,448,068 #122-WINTER WEATHER RESERVE FUND Revenues Investment Interest 700 47 634 (66) 90.59% Interfund Transfer 0 0 0 0 #DIV101 Subtotal revenues 700 47 634 (66) 90,59% Expenditures Reserve for Winter Weather 0 0 0 0 #DIV/0! Total expenditures 0 0 0 0 #DIV/0! Revenues over(under)expenditures 700 47 634 _ (66) Beginning fund balance 502,888 502,888 Ending fund balance 503,588 503,522 #123-CIVIC FACILITIES REPLACEMENT FUND Revenues Investment Interest 1,600 111 1,507 (93) 94.21% Interfund Transfer-#001 0 0 0 0 #DIV101 Total revenues 1,600 111 1,507 (93) 94.21% Expenditures Capital Outlay 0 0 0 0 #DIVI01 Transfers out-#311 (pavement preservation) 616,284 0 616,284 0 100.00% Total expenditures 616,284 0 616,284 0 100.00% Revenues over(under)expenditures (614,684) 111 (614,777) (93) Beginning fund balance 2,403,947 2,403,947 Ending fund balance 1,789,263 1,789,171 Page 8 P:IFinancelFor City CouncillCouncil Monthly Reports1201312013 12 31 PRELIMINARY CITY OF SPOKANE VALLEY,WA Budget Year 2013 Budget to Actual Comparison of Revenues and Expenditures Elapsed= 100.0% For the Twelve-Month Period Ended December 31,2013 2013 - Actual Actual thru Budget %of Budget December December 31 Remaining Budget DEBT SERVICE FUNDS #204-DEBT SERVICE FUND Revenues Spokane Public Facilities District 437,120 0 437,120 0 100.00% Interfund Transfer-in-#301 92,951 7,746 92,951 0 100.00% Interfund Transfer-in-#302 92,952 7,746 92,951 (1) 100.00% Total revenues 623,023 15,492 623,023 (1) 100.00% Expenditures Debt Service Payments-CenterPlace 437,120 0 400,809 36,311 91.69% Debt Service Payments-Roads 185,903 0 170,672 15,231 91.81% Total expenditures 623,023 0 571,481 51,542 91.73% Revenues over(under)expenditures 0 15,492 51,542 (51,543) Beginning fund balance 0 0 Ending fund balance 0 51,542 Page 9 P:1FinanceMFor City Council\Council Monthly Reports120131201 3 12 31 PRELIMINARY CITY OF SPOKANE VALLEY,WA Budget Year 2013 Budget to Actual Comparison of Revenues and Expenditures Elapsed= 100.0% For the Twelve-Month Period Ended December 31,2013 2013• Actual Actual thru Budget %of Budget December December 31 Remaining Budget (CAPITAL PROJECTS FUNDS #301 -CAPITAL PROJECTS FUND Revenues REET 1 -Taxes 500,000 39,162 669,007 169,007 133.80% Investment Interest 500 80 1,065 565 213.02% Interfund Transfer-in-#303 0 0 0 0 #DIV10! Total revenues 500,500 39,242 670,072 169,572 133.88% Expenditures Interfund Transfer-out-#204 92,951 7,746 92,951 (0) 100.00% Interfund Transfer-out-#303 892,404 0 465,816 426,588 52.20% Interfund Transfer-out-#311 (pavement presern 150,000 0 150,000 0 100.00% Total expenditures 1,135,355 7,746 708,767 426,588 62.43% Revenues over(under)expenditures (634,855) 31,497 (38,695) (257,016) Beginning fund balance 1,092,264 1,092,264 Ending fund balance 457,409 1,053,568 #302 SPECIAL CAPITAL PROJECTS FUND Revenues REET 2-Taxes 500,000 39,162 577,214 77,214 115.44% Investment Interest 1,000 93 1,265 265 126.51% Interfund Transfer-in-#307 0 0 0 0 #DIV/0! Total revenues 501,000 39,255 578,479 77,479 115.46% Expenditures Interfund Transfer-out-#101 0 0 26,912 (26,912) #DIV10i Interfund Transfer-out-#204 92,952 7,746 92,951 1 100.00% Interfund Transfer-out-#303 617,479 0 216,285 401,194 35.03% Interfund Transfer-out-#311 (pavement preseru 150,000 0 150,000 0 100.00% Total expenditures 860,431 7,746 486,149 374,282 56.50% Revenues over(under)expenditures (359,431) 31,509 92,331 (296,803) Beginning fund balance 1,130,670 . 1,130,670 Ending fund balance 771,239 1,223,001 • Page 10 P:1FinancelFor City CouncillCouncil Monthly Reports1201312013 12 31 PRELIMINARY CITY OF SPOKANE VALLEY,WA Budget Year 2013 Budget to Actual Comparison of Revenues and Expenditures Elapsed= 100.0% For the Twelve-Month Period Ended December 31,2013 2013 Actual Actual thru Budget %of Budget December December 31 Remaining Budget CAPITAL PROJECTS FUNDS-continued #303 STREET CAPITAL PROJECTS FUND Revenues Grant Proceeds 6,597,842 1,191,590 3,368,415 (3,229,427) 51.05% Developer Contribution 0 0 0 0 #DIV/0! Miscellaneous 0 0 49 49 #DIV/0! Interfund Transfer-in-#101 0 0 138 138 #DIV/0! Interfund Transfer-in-#301 892,404 0 465,816 (426,588) 52.20% Interfund Transfer-in-#302 617,479 0 216,285 (401,194) 35.03% Interfund Transfer-in-#311 0 0 76,857 76,857 #DIV/0! Interfund Transfer-in-#312 18,000 0 8,106 (9,894) 45.03% Investment Interest 0 2 26 26 #DIV/Ol Total revenues 8,125,725 1,191,593 4,135,693 (3,990,032) 50,90% Expenditures 005 Pines/Mansfield,Wilbur Rd.to Pines 300,000 0 228,301 71,699 76.10% 053 24th Ave-Sullivan to 22nd 0 0 815 (815) #DIV/0! 060 Argonne Rd Corridor Upgrade SRTC 06-31 957,892 2,765 30,610 927,282 3.20% 061 Pines(SR27)ITS Imporvement SRTC 06-26 637,288 7,667 1,000,462 (363,174) 156.99% 063 Broadway Ave Safety Project-Pines 0 0 0 0 #DIV/0! 065 Sprague/Sullivan 0 0 0 0 #DIV/0! 069 Park Road Reconstruction#2 0 0 0 0 #DIV/0! 106 West Ponderosa STEP 0 0 236 (236) #DIV/0! 112 Indiana Avenue Extension 0 0 3,877 (3,877) #DIV/O! 113 Indiana/Sullivan PCC Intersection 0 96,313 96,313 (96,313) #D1V/Oi 115 Sprague Ave Resurfacing-Evergreen to Sullivan 188,745 0 11,799 176,946 6.25% 123 Mission Ave-Flora to Barker 127,500 0 5,647 121,853 4.43% 141 Sullivan&Euclid PCC 139,332 0 0 139,332 0.00% 142 Broadway @ Argonne/Mullen 219,599 2,226 73,792 145,807 33.60% 145 Spokane Valley-Millwood Trail 200,000 0 429 199,571 0.21% 146 24th Ave Sidewalk-Adams to Sullivan 15,000 0 270,962 (255,962) 1806.42% 148 Greenacres Trail-Design 0 0 0 0 #DIV/0! 149 Sidewalk Infill 337,507 3,320 179,471 158,036 53.18% 150 Sullivan Road Bridge Drain Retrofit 0 0 977 (977) #DIV/0! 151 Green Haven STEP 0 0 0 0 #DIV/01 154 Sidewalk&Tansit Stop Accessibility 33,198 70 488 32,710 1.47% 155 Sullivan Rd W Bridge Replacement 800,000 18,343 783,384 16,616 97.92% 156 Mansfield Ave.Connection 1,012,924 18,800 122,626 890,298 12.11% 157 Temporary Sullivan Bridge Repairs 0 0 0 0 #DIV/0! 159 University Rd/1-90 Overpass Study 125,000 14,861 160,763 (35,763) 128.61% 160 Evergreen Rd Pres. 16th-32nd 0 0 1,069 (1,069) #DIV/0! 166 Pines Rd. (SR27)&Grace Ave. Int.Safety 98,100 5,538 28,093 70,007 28.64% 167 Citywide Safety improvements 450,995 0 1,722 449,273 0.38% 168 Wellesley Ave Sidewalk&Adams Rd Sidewalk 554,500 33,552 736,988 (182,488) 132.91% 169 Argonne/Mullan Safety Indiana-Broadway 104,460 2,922 50,464 53,996 48.31% 170 Argonne road: Empire Ave-Knox Ave. 172,785 0 106,794 65,991 61.81% 171 Sprague Ave ADA Curb Ramp Project 110,400 0 95,604 14,796 86.60% 175 Sullivan UP Tracks UC(SB)Resurfacing 0 569 175,955 (175,955) #DIV/0! 176 Appleway Trail 150,000 0 57,053 92,947 38.04% 177 Sullivan Road Corridor Traffic Study 100,000 0 33,301 66,699 33.30% 181 Citywide Traffic Sign Upgrade 150,000 3,919 70,082 79,918 46.72% 185 Appleway Landscaping-Phase 1 18,000 100 8,348 9,652 46.38% 191 Vista Rd BNSF Xing Safety Improvements 0 1,448 4,880 (4,880) #DIV/0! Contingency 1,122,500 0 0 1,122,500 0.00% Total expenditures 8,125,725 212,412 4,341,303 3,784,422 53.43% Revenues over(under)expenditures 0 979,181 (205,610) (7,774,454) Beginning fund balance 177,918 177,918 Ending fund balance 177,918 (27,692) Page 11 P:IFinancelFor City Council\Council Monthly Reports1201312013 12 31 PRELIMINARY CITY OF SPOKANE VALLEY,WA Budget Year 2013 Budget to Actual Comparison of Revenues and Expenditures Elapsed= 100.0% For the Twelve-Month Period Ended December 31,2013 1 2013 Actual Actual thru Budget %of Budget December December 31 Remaining Budget 'CAPITAL PROJECTS FUNDS-continued 1 #309-PARKS CAPITAL PROJECTS FUND Revenues Grant Proceeds 0 0 0 0 #DIV/0! Interfund Transfer-in-#001 50,000 4,167 50,000 0 100.00% Interfund Transfer-in-#304 0 0 0 0 #DIV101 Investment Interest 0 46 619 619 #DIV101 Contributions and Donations 0 0 25,000 25,000 #DIV/0! Total revenues 50,000 4,212 75,619 25,619 151.24% Expenditures Capital 50,000 16,172 25,303 24,697 50.61% Total expenditures 50,000 16,172 25,303 24,697 50.61% Revenues over(under)expenditures 0 (11,960) 50,315 _ 922 Beginning fund balance 302,423 302,423 Ending fund balance 302,423 352,738 Page 12 P:1FinancelFor City CouncillCouncil Monthly Reports120131201 3 12 31 PRELIMINARY CITY OF SPOKANE VALLEY,WA Budget Year 2013 Budget to Actual Comparison of Revenues and Expenditures Elapsed= 100.0% For the Twelve-Month Period Ended December 31,2013 2013 Actual Actual thru Budget %of Budget December December 31 Remaining Budget CAPITAL PROJECTS FUNDS-continued #310-CIVIC FACILITIES CAPITAL PROJECTS FUND Revenues Miscellaneous 0 0 0 0 #DIVI01 Investment Interest 0 122 1,660 1,660 #DIV/0! Total revenues 0 122 1,660 1,660 #DIVIO! Expenditures Capital-West Gateway at Thierman-final pmt 0 6,313 9,942 (9,942) #DIV/0! Miscellaneous 0 0 0 0 #DIV/0! Total expenditures 0 6,313 9,942 (9,942) _ #DIV/01 Revenues over(under)expenditures 0 (6,191) (8,282) 11,602 Beginning fund balance 1,110,074 1,110,074 Ending fund balance 1,110,074 1,101,793 #311 -STREET CAPITAL IMPROVEMENTS 2011+ Revenues Grant Proceeds 165,793 308 35,569 (130,224) 21.45% Miscellaneous 0 0 50 50 #DIVI01 Interfund Transfers in-#101 282,000 0 282,000 0 100.00% Interfund Transfers in-#123 616,284 0 616,284 0 100.00% lnterfund Transfers in-#301 150,000 0 150,000 0 100.00% Interfund Transfers in-#302 150,000 0 150,000 0 100.00% Investment Interest 0 190 2,580 2,580 #DIVI01 Total revenues 1,364,077 498 1,236,483 (127,594) 90.65% Expenditures 162 2012 Street Preservation 0 0 9,561 (9,561) #DIV101 163 Sprague Ave Swale Upgrade, Park to 1-90 0 275,204 275,204 (275,204) #DIV/0! 174 2013 Street Preservation Ph1 0 (855,841) 210,319 (210,319) #DIVI01 179 2013 Street Preservation Ph2 0 1,345 56,037 (56,037) #DIV/0! 180 2013 Street Preservation Phi 0 12,782 364,496 (364,496) #DIV/0! 186 Adams Road Resurfacing 0 5,052 11,306 (11,306) #DIVI01 187 Sprague Ave Preservation Project 0 434 5,218 (5,218) #DIV/O! Pavement Preservation 2,048,456 0 0 2,048,456 100.00% Transfers out-#303 0 0 76,857 (76,857) #DIV/0! Total expenditures 2,048,456 (561,025) 1,008,998 1,039,458 49.26% Revenues over(under)expenditures (684,379) 561,523 227,485 (1,167,052) Beginning fund balance 948,733 948,733 Ending fund balance 264,354 1,176,218 #312-CAPITAL RESERVE FUND Revenues Transfers in-#001 7,826,207 0 7,826,207 0 100.00% Investment Interest 0 0 0 0 #DIVIO! Developer Contribution 0 0 3,180 3,180 #DIVIO! Total revenues 7,826,207 0 7,829,387 3,180 100.04% Expenditures Business Route Signage 60,000 21,140 21,140 38,860 35.23% Balfour Park/Library Site Development 42,150 9,295 54,996 (12,846) 130.48% Transfers out-#303-Appleway Landscaping 18,000 0 8,106 9,894 45.03% Total expenditures 120,150 30,434 84,241 35,909 70.11% Revenues over(under)expenditures 7,706,057 (30,434) 7,745,146 (32,728) Beginning fund balance 0 0 Ending fund balance 7,706,057 7,745,146 Page 13 P:1Finance\For City CouncillCouncil Monthly Reports\2013\2013 12 31 PRELIMINARY CITY OF SPOKANE VALLEY,WA Budget Year 2013 Budget to Actual Comparison of Revenues and Expenditures Elapsed= 100.0% For the Twelve-Month Period Ended December 31,2013 2013 Actual Actual thru Budget %of Budget December December 31 Remaining Budget ENTE RPRISE FUNDS #402-STORMWATER FUND RECURRING ACTIVITY Revenues Stormwater Management Fees 1,800,000 125,847 1,857„973 57,973 103.22% Investment Interest 1,800 138 1,868 68 103.79% Miscellaneous 0 0 4,143 4,143 #DIV/01 Total Recurring Revenues 1,801,800 125,985 1,863,985 62,185 103.45% Expenditures Wages/Benefits I Payroll Taxes 475,604 33,333 429,853 45,751 90.38% Supplies 16,300 1,498 10,685 5,615 65.55% Services&Charges 1,131,120 104,045 1,119,936 11,184 99.01% Intergovernmental Payments 23,000 13,076 25,726 (2,726) 111.85% Interfund Transfers-out-#001 13,400 1,117 13,400 (0) 100.00% Interfund Transfers-out-#502 1,567 131 1,567 0 100.00% Total Recurring Expenditures 1,660,991 153,199 1,601,167 59,824 96.40% Recurring Revenues Over(Under) Recurring Expenditures 140,809 (27,214) 262,818 122,009 NONRECURRING ACTIVITY Revenues Grant Proceeds 200,000 0 69,648 (130,352) 34.82% Interfund Transfers-in 0 0 0 0 #DIV/0! Total Nonrecurring Revenues 200,000 0 69,648 (130,352) 34.82% Expenditures Capital-various projects 350,000 0 197,358 152,642 56.39% Sullivan Bridge Drain Retrofit 267,000 121,231 280,320 (13,320) 104.99% UIC Retrofits on Pvmnt Pres Projects 430,000 0 168,713 261,287 39.24% Total Nonrecurring Expenditures 1,047,000 121,231 646,391 400,609 61.74% Nonrecurring Revenues Over(Under) Nonrecurring Expenditures (847,000) (121,231) (576,743) 270,257 Excess(Deficit)of Total Revenues Over(Under)Total Expenditures (706,191) (148,446) (313,925) 392,266 Beginning working capital 2,697,333 2,697,333 Ending working capital 1,991,142 2,383,408 Page 14 P:IFinance\For City Council Council Monthly Reports1201312013 12 31 PRELIMINARY CITY OF SPOKANE VALLEY,WA Budget Year 2013 Budget to Actual Comparison of Revenues and Expenditures Elapsed= 100.0% For the Twelve-Month Period Ended December 31,2013 2013 Actual Actual thru Budget %of Budget December December 31 Remaining Budget ENTERPRISE FUNDS-continued I #403-AQUIFER PROTECTION AREA Revenues Spokane County 500,000 250,007 484,343 (15,657) 96.87% Grant DOE-Decant Facility 735,000 0 203,609 (531,391) 27.70% Grant DOT-Decant Facility 150,000 0 85,221 (64,779) 56.81% Grant DOE Sprague UIC Elimination 610,331 0 570,331 (40,000) 93.45% Investment Interest 1,000 0 0 (1,000) 0.00% Miscellaneous 0 0 150 150 #DIV10! Total revenues 1,996,331 250,007 1,343,655 (652,676) 67.31% Expenditures Sprague swales 40,000 (275,204) 47,039 (7,039) 117.60% 14th Ave Custer to Carnahan 300,000 187 324,536 (24,536) 108.18% Bettman-Dickey Storm drain 250,000 0 195,823 54,177 78.33% Decant Facility 980,000 0 289,824 690,176 29.57% Total expenditures 1,570,000 (275,016) 857,221 712,779 54.60% Revenues over(under)expenditures 426,331 525,023 486,433 (1,365,455) Beginning working capital (108,658) (108,658) Ending working capital 317,673 377,776 Page 15 P:1FinancelFor City CouncillCouncil Monthly Reports1201312013 12 31 PRELIMINARY CITY OF SPOKANE VALLEY,WA Budget Year 2013 Budget to Actual Comparison of Revenues and Expenditures Elapsed= 100.0% J For the Twelve-Month Period Ended December 31,2013 2013 Actual Actual thru Budget %of Budget December December 31 Remaining Budget (INTERNAL SERVICE FUNDS 1 #501 -ER&R FUND Revenues Interfund Transfer-in-#001 15,400 1,283 15,400 0 100.00% lnterfund Transfer-in-#101 10,777 898 10,777 0 100.00% Interfund Transfer-in-#101 (plow replace.) 150,000 12,500 150,000 0 100.00% Interfund Transfer-in-#402 1,567 131 1,567 0 100.00% Investment interest 1,000 81 1,103 103 110.28% Total revenues 178,744 14,893 178,847 103 100.06% Expenditures Computer replacement lease 0 0 0 0 #DIV/0! Software/Hardware replacement 0 0 0 0 #DIV/O? Vehicle Replacement 50,000 0 48,749 1,251 97.50% Snow Plow Replacement 0 0 0 0 #DIV10l Capital Outlay 0 0 0 0 #DIV/0! Total expenditures 50,000 0 48,749 1,251 97.50% Revenues over(under)expenditures 128,744 14,893 130,097 (1,148) Beginning working capital 1,053,177 1,053,177 Ending working capital 1,181,921 1,183,275 #502-RISK MANAGEMENT FUND Revenues Investment Interest 0 0 6 6 #DIV/0l Interfund Transfer-#001 319,000 26,583 319,000 (0) 100.00% Total revenues 319,000 26,584 319,006 6 100.00% Expenditures Services&Charges 319,000 0 271,183 47,817 85.01% Total expenditures 319,000 0 271,183 47,817 85.01% Revenues over(under)expenditures 0 26,584 47,824 (47,811) Beginning working capital _ 83,212 83,212 Ending working capital 83,212 131,036 SUMMARY FOR ALL FUNDS Total of Revenues for all Funds 64,285,594 4,859,699 58,633,819 Per revenue status report 64,285,594 4,859,699 58,633,819 Difference 0.00 0.00 0.00 Total of Expenditures for all Funds 67,162,544 3,708,716 57,334,374 Per expenditure status report 67,162,544 3,708,716 57,334,374 0.00 0.00 0.00 Page 16 P:1Finance\For City CouncillCouncil Monthly Reports1201312013 12 31 PRELIMINARY.xlsx CITY OF SPOKANE VALLEY,WA 1/13/2014 Investment Report For the Twelve-Month Period Ended December 31, 2013 Total LGIP* BB CD 2 BB CD 3 Investments Beginning $ 41,941,462.88 $ 3,053,906.19 $ 2,000,000.00 $ 46,995,369.07 Deposits 2,111,302.56 0.00 0.00 2,111,302.56 Withdrawls 0.00 0.00 0.00 0.00 Interest 4,554.10 2,664.85 0.00 7,218.95 Ending $ 44,057,319.54 $ 3,056,571.04 $ 2,000,000.00 $ 49,113,890.58 matures: 6/28/2014 11/4/2014 rate: 0.35% 0.29% Earnings Balance Current Period 1 Year to date Budget 001 General Fund $ 31,090,039.73 $ 5,575.42 $ 58,582,27 $ 90,000.00 101 Street Fund 2,253,791,62 208.99 2,731.76 5,000.00 103 Trails & Paths 37,964.73 3.52 47.83 0.00 105 Hotel/Motel 428,134,01 39.70 351.17 500.00 120 CenterPlace Operating Reserve 300,000.00 0.00 0.00 0.00 121 Service Level Stabilization Reserve 5,189,280.26 481.20 6,537.34 7,000.00 122 Winter Weather Reserve 503,352.37 46.68 634.12 700.00 123 Civic Facilities Replacement 1,196,537.61 110.96 1,507.38 1,600.00 301 Capital Projects 867,592.40 80,45 1,065.12 500.00 302 Special Capital Projects 1,004,190.20 93.12 1,265.07 1,000.00 303 Street Capital Projects Fund 22,841.63 2,12 26.18 0.00 304 Mirabeau Point Project 0.00 0.00 0.00 0.00 307 Capital Grants Fund 0.00 0.00 0.00 0.00 309 Parks Capital Project 490,996.81 45.53 618.56 0.00 310 Civic Buildings Capital Projects 1,318,017.23 122.22 1,660.42 0.00 311 Street Capital Improvements 2011+ 2,047,782.39 189.89 2,579.76 0.00 312 Capital Reserve Fund 0.00 0.00 0.00 0.00 402 Stormwater Management 1,482,915.96 137.51 1,868.16 1,800.00 403 Aquifer Protection Fund 0.00 0.00 0.00 1,000.00 501 Equipment Rental & Replacement 875,354.59 81.17 1,102.76 1,000.00 502 Risk Management 5,099.04 0.47 6.44 0.00 $ 49,113,890.58 $ 7,218.95 $ 80,584.34 $ 110,100.00 *Local Government Investment Pool Page 17 P:IFinancelFor City CounciilCouncil Monthly Reports1201312013 12 31 PRELIMINARY CITY OF SPOKANE VALLEY,WA 1/13/2014 Sales Tax Receipts For the Twelve-Month Period Ended December 31, 2013 Month Difference Received 2012 2013 $ %o February 1,792,084.16 1,876,298.24 84,214.08 4.70% March 1,145,747.45 1,279,426.01 133,678.56 11.67% April 1,208,053.80 1,295,166.24 87,112.44 7.21% May 1,440,245.01 1,531,483,94 91,238.93 6.33% June 1,325,266.87 1,486,879.22 161,612.35 12.19% July 1,458,841.23 1,568,524.87 109,683.64 7.52% August 1,482,908.83 1,612,535.63 129,626.80 8.74% September 1,470,215.17 1,646,673.39 176,458.22 12.00% October 1,558,848.71 1,650,525.59 91,676.88 5.88% November 1,541,210.69 1,630,334.91 89,124.22 5.78% December 1,523,377.53 1,544,088.55 20,711.02 1.36% 15,946,799.45 17,121,936.59 1,175,137.14 7.37% January 1,490,932.65 0.00 17,437,732.10 17,121,936.59 Sales tax receipts reported here reflect remittances for general sales tax, criminal justice sales tax and public safety tax. The sales tax rate for retail sales transacted within the boundaries of the City of Spokane Valley is 8.7%. The tax that is paid by a purchaser at the point of sale is remitted by the vendor to the Washington State Department of Revenue who then remits the taxes back to the various agencies that have imposed the tax. The allocation of the total 8.7%tax rate to the agencies is as follows: - State of Washington 6.50% - City of Spokane Valley 0.85% - Spokane County 0.15% - Spokane Public Facilities District 0.10% * - Crminial Justice 0.10% * - Public Safety 0.10% * 2.20% local tax - Juvenile Jail 0.10% * - Mental Health 0.10% * - Law Enforcement Communications 0.10% * - Spokane Transit Authority 0.60% * 8.70% * Indicates voter approved sales taxes In addition to the .85% reported above that the City receives, we also receive a portion of the Criminal Justice and Public Safety sales taxes. The distribution of those taxes is computed as follows: Criminal Justice: The tax is assessed county-wide and of the total collected, the State distributes 10% of the receipts to Spokane County, with the remainder allocated on a per capita basis to the County and the cities within the County. Public Safety: The tax is assessed county-wide and of the total collected, the State distributes 60% of the receipts to Spokane County, with the remainder allocated on a per capita basis to the cities within the County. Page 18 PI CITY OF SPOKANE VALLEY,WA Sales Tax Collections- November For the years 2004 through 2013 USV-FS21Userslmcalhoun\Tax RevenuelSales Tax12 0 1 312 01 3 sales tax collections 2004 I 2005 I 2006 I 2007 1 2008 I 2009 J 2010 I 2011 I 2012 I 2013 1,491,059 963,749 1,018,468 1,184,137 1,102,523 1,123,907 1,260,873 1,211,450 1,191,558 1,269,505 1,139,058 January 1,145,888 1,367,929 1,572,609 February 962,431 917,747 1,068,743 March 909,472 1,015,573 1,072,330 April 1,080,745 1,322,070 1,371,030 May 1,263,176 1,159,647 1,392,111 June 1,123,171 1,212,663 1,362,737 July 1,301,359 1,377,753 1,555,124 August 1,162,356 1,395,952 1,405,983 September 1,160,787 1,372,081 1,487,155 October 1,274,680 1,520,176 1,526,910 November 1,091,721 1,095,566 1,369,940 1,759,531 1,155,947 1,196,575 1,479,603 1,353,013 1,428,868 1,579,586 1,516,324 1,546,705 1,601,038 1,443,843 1,729,680 1,129,765 1,219,611 1,423,459 1,243,259 1,386,908 1,519,846 1,377,943 1,364,963 1,344,217 1,292,327 1,484,350 1,098,575 1,068,811 1,134,552 1,098,054 1,151,772 1,309,401 1,212,531 1,227,813 1,236,493 1,155,647 1,460,548 990,157 1,015,762 1,284,180 1,187,737 1,248,218 1,332,834 1,279,500 1,294,403 1,291,217 1,217,933 1,589,887 1,009,389 1,067,733 1,277,621 1,174,962 1,290,976 1,302,706 1,299,678 1,383,123 1,358,533 1,349,580 12/24/2013 2013 to 2012 Difference 1,671,269 81,382 5.12% 1,133,347 123,958 12.28% 1,148,486 80,753 7.56% 1,358,834 81,213 6.36% 1,320,449 145,487 12.38% 1,389,802 98,826 7.66% 1,424,243 121,537 9.33% 1,465,563 165,885 12.76% 1,466,148 83,025 6.00% 1,439,321 80,788 5.95% 1,362,021 12,441 0.92% Collected to date 12,475,786 13,757,157 15,184,672 16,061,033 15,031,978 13,177,999 12,956,287 13,602,489 14,104,188 15,179,483 1,075,295 7.62% December 1,085,827 1,286,191 1,366,281 1,376,434 1,129,050 1,070,245 1,141,012 1,247,920 1,323,189 0 Total Collections 13,561,613 15,043,348 16,550,953 17,437,467 16,161,028 14,248,244 14,097,299 14,850,409 15,427,377 15,179,483 Budget Estimate 11,000,000 12,280,000 16,002,000 17,466,800 17,115,800 17,860,000 14,410,000 14,210,000 14,210,000 15,250,000 Actual over(under)budg 2,561,613 2,763,348 548,953 (29,333) (954,772) (3,611,756) (312,701) 640,409 1,217,377 (70,517) Total actual collections as a%of total budget 12329% 122.50% 103.43% 99.83% 94.42% 79.78% 97.83% 104.51% 108.57% n/a %change in annual total collected 71.77% 10.93% 10.02% 5.36% (7.32%) (11.84%) (1.06%) 5.34%© 3.89% n/a %of budget collected through November 113.42% 112.03% 94.89% 91.95% 87.83% 73.78% 89.91% 95.72% 99.26% 99.54% %of actual total collected through November 91.99% 91.45% 91.75% 92.11% 93.01% 92.49% 91.91% 91.60% 91.42% n/a Chart Reflecting History of Collections through the Month of November 18,000,000 16,000,000 14,000,000 12,000,000 10,000,000 8,000,000 6,000,000 4,000,000 2,000,000 0 1 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 November October September August July ■June •May •April •March IN February MI January Page 19 CITY OF SPOKANE VALLEY,WA Hotel/Motel Tax Receipts through- November' Actual for the years 2004 through 2013 11SV-FS21Userslmcalhoun\Tax Revenue\Lodging Tax12 0 1 311 0 5 hotel motel tax 2013 2004 I 2005 I 2006 I 2007 2008 I 2009 I 2010 I 2011 I 2012 2013 January 16,993.58 February 18,161.04 March 18,182.01 April 26,897.82 May 16,440.37 June 53,284.01 July 42,120.26 August 43,649.84 September 39,390.66 October 33,004.62 November 32,176.61 20,691.03 19,976.81 22,828.15 29,748.41 29,017.66 35,330.35 43,841.82 46,852.10 46,746.18 34,966.85 26,089.36 20,653.49 20,946.09 24,308.48 34,371.82 32,522.06 34,256.71 49,744.62 45,916.16 50,126.53 38,674.17 36,417.11 25,137.92 25,310.66 29,190.35 37,950.53 31,371.01 36,267.07 56,281,99 51,120.70 57,260.34 43,969.74 36,340.64 28,946.96 24,623.06 27,509.99 40,406.02 36,828.53 46,659.88 50,421.37 50,818.35 60,711.89 38,290.46 35,582.59 23,280.21 23,283.95 25,272.02 36,253.63 32,588.80 40,414.59 43,950.26 50,146.56 50,817.62 36,784.36 34,054.79 22,706.96 23,416.94 24,232.35 39,463.49 34,683.32 39,935.36 47,385.18 54,922.99 59,418.96 41,272.35 34,329.78 22,212.21 22,792.14 24,611.28 38,230.49 33,790.69 41,403.41 49,311.97 57,451.68 58,908.16 39,028.08 37,339.36 21,442.32 21,548.82 25,654.64 52,130.37 37,478.44 43,970.70 52,818.60 57,229.23 64,298.70 43,698.90 39,301.22 24,184.84 25,974.98 27,738.65 40,979.25 40,560.41 47,850.15 56,157.26 63,816.45 70,794.09 43,835.57 42,542.13 11612014 2013 to 2012 Difference 2,743 12.79% 4,426 20.54% 2,084 8.12% (11,151) (21.39%) 3,082 8.22% 3,879 8.82% 3,339 6.32% 6,587 11.51% 6,495 10.10% 137 0.31% 3,241 8.25% Total Collections 340,300.82 356,088.72 387,937.24 430,200.95 440,799.10 396,846.79 421,767.68 425,079.47 459,571.94 484,433.78 24,862 5.41% December 23,142.70 31,740.18 29,147.15 31,377.41 26,290.11 27,131.43 26,776.84 32,523.19 30,432.13 0.00 Total Collections 363,443.52 387,828.90 417,084.39 461,578.36 467,089.21 423,978,22 448,544.52 457,602.66 490,004.07 484,433.78 Budget Estimate 380,000.00 436,827.00 350,000.00 400,000.00 400,000.00 512,000.00 380,000.00 480,000.00 430,000.00 490,000.00 Actual over(under)budg (16,556.48) (48,998.10) 67,084.39 61,578.36 67,089.21 (88,021.78) 68,544.52 (22,397.34) 60,004.07 (5,566.22) Total actual collections as a%of total budget 95.64% 88.78% 119.17% 115.39% 116.77% 82.81% 118.04% 95.33% 113.95% n/a %change in annual total collected 41.34% 6.71% 7.54% 10.67% 1.19% (9.23%) 5.79% 2.02% 7.08% n/a %of budget collected through November 89.55% 81.52% 110.84% 107.55% 110.20% 77.51% 110.99% 88.56% 106.88% 98.86% %of actual total collected through November 93.63% 91.82% 93.01% 93.20% 94.37% 93.60% 94.03% 92.89% 93.79% n/a Chart Reflecting History of Collections through the Month of November 600,000.00 November 500,000.00 400,000.00 -October September °August -July 3LEE, -June e May rz 0.00 o February ■January 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Page 20 CITY OF SPOKANE VALLEY,WA 1st and 2nd 114%REET Collections through November Actual for the years 2004 through 2013 January February March April May June July August September October November Collected to date December I 2004 I 2005 11SV-FS21Userslmcalhoun\Tax Revenue\REET120131301 and 302 REET for 2013 2006 2007 2008 -I 2009 119,387.05 83,795.78 195,121.93 144,167.21 155,089.15 177,702.06 197,046.43 171,521.07 176,002.43 199,685.81 217,019.02 147,819.56 128,082.35 198,013.09 192,012.44 240,765.59 284,268.67 209,350.53 280,881.50 214,738.94 244,590.31 190,964.73 243,894.16 172,154.72 182,065.71 173,796.61 306,871.66 226,526.64 2,104.30 451,700.06 188,066.23 211,091.20 141,729.09 228,896.76 129,919.79 263,834.60 211,787.08 222,677.17 257,477.05 323,945.47 208,039.87 165,287.21 206,442.92 191,805.53 145,963.47 159,503.34 133,513.35 128,366.69 158,506.43 178,202.98 217,942.98 133,905.93 131,240.36 355,655.60 147,875.00 55,281.25 45,180.53 73,306.86 81,155.83 77,463.58 105,020.98 122,530.36 115,829.68 93,862.17 113,960.52 133,264.84 I 2010 I 2011 1 2012 _I 2013 59,887.08 64,121.61 86,204.41 99,507.19 109,624.89 105,680.28 84,834.48 72,630.27 75,812.10 93,256.02 72,021.24 64,128.13 36,443.36 95,879.78 79,681.38 124,691.60 81,579.34 79,629.06 129,472.44 68,019.83 61,396.23 74,752.72 46,358.75 56,114.56 71,729.67 86,537.14 111,627.22 124,976.28 101,048.69 106,517.19 63,516.73 238,094.79 104,885.99 56,898.40 155,226.07 72,171.53 90,376.91 116,164.91 139,112.11 128,921.02 117,149.90 174,070,25 117,805.76 78,324.02 12/17/2013 2013 to 2012 Difference 10,540 22.73% 99,112 176.62% 442 0.62% 3,840 4.44% 4,538 4.07% 14,136 11.31% 27,872 27.58% 10,633 9.98% 110,554 174.05% (120,289) (50.52%) (26,562) (25.32%) 1,836,537.94 2,331,487.71 2,300,000.38 2,410,113.45 1,890,676.13 1,016,856.60 923,579.57 895,673.87 1,111,407.01 1,246,220.88 134,814 12.13% 173,502.55 159,381.40 161,285.23 179,567.77 96,086.00 71,365.60 38,724.50 65,077.29 74,299.65 0.00 Total distributed by Spokane County 2,010,040.49 2,490,869.11 2,461,285.61 2,589,681.22 1,986,762.13 1,088,222.20 962,304.07 960,751.16 1,185,706.66 1,246,220.88 Budget estimate 1,680,000.00 4,006,361.00 2,000,000.00 2,000,000.00 2,000,000.00 2,000,000.00 760,000.00 800,000.00 950,000.00 1,000,000.00 Actual over(under)budget 330,040.49 (1,515,491.89) 461,285.61 589,681.22 (13,237.87) (911,777.80) 202,304.07 160,751.16 235,706.66 246,220.88 Total actual collections as a%of total budget 119.65% 62.17% 123.06% 129.48% 99.34% 54.41% 126.62% 120.09% 124.81% n/a 50.25% 23.92% (1.19%) 5.22% (23.28%) (45.23%) (11.57%) (0.16%) 23.41% n/a %change in annual total collected %of budget collected through November %of actual total collected through November 109.32% 58.19% 115.00% 120.51% 94.53% 50.84% 121.52% 111.96% 116.99% 124.62% 91.37% 93.60% 93.45% 93.07% 95.16% 93.44% 95.98% 93.23% 93.73% Na Chart Reflecting History of Collections through the Month of November 3,000,000.00 2,500,000.00 2,000,000.00 1,500,000.00 1,000,000.00 500,000.00 - 0.00 2004 • Mina I MINIM 2005 2006 2007 2008 2009 2010 2011 2012 2013 November October September August July June •May •April •March •February •January rage 21 \\SV-FS2\Users\mcalhoun\Bonds\debt capacity CITY OF SPOKANE VALLEY, WA 11/20/2013 Debt Capacity 2013 Assessed Value for 2014 Property Taxes 7,170,874,227 (these represnet preliminary figures as of 11/13/13) Maximum Outstanding Remaining Debt as of Debt Capacity 12/31/2013 Capacity Utilized Voted (UTGO) 1.00% of assessed value 71,708,742 0 71,708,742 0.00% Nonvoted (LTGO) 1.50% of assessed value 107,563,113 7,435,000 100,128,113 6.91% Voted park 2,50% of assessed value 179,271,856 0 179,271,856 0.00% Voted utility 2.50% of assessed value 179,271,856 0 179,271,856 0.00% 537,815,567 7,435,000 530,380,567 1.38% 2003 LTGO Bonds Road & Period Street Ending , CenterPlace Improvemen s Total 12/1/2004 60,000 85,0 0 145,000 12/1/2005 75,000 90,0 0 165,000 12/1/2006 85,000 90,001 175,000 Bonds 12/1/2007 90,000 95,00is 185,000 Repaid 12/1/2008 95,000 95,001 190,000 12/1/2009 105,000 100,001 205,000 12/1/2010 110,000 100,000 210,000 12/1/2011 120,000 105,000 225,000 12/1/2012 130,000 110,000 240,000 12/1/2013 140,000 115,000 255,000 1,010,000 985,000 1,995,000 12/1/2014 150,000 120,000 270,000 12/1/2015 160,000 125,000 285,000 12/1/2016 170,000 130,000 300,000 12/1/2017 180,000 135,000 315,000 12/1/2018 220,000 140,000 360,000 12/1/2019 250,000 145,000 395,000 12/1/2020 290,000 150,000 440,000 12/1/2021 325,000 160,000 485,000 Bonds 12/1/2022 360,000 165,000 525,000 Remaining 12/1/2023 405,000 175,000 580,000 12/1/2024 450,000 0 450,000 12/1/2025 490,000 0 490,000 12/1/2026 535,000 0 535,000 12/1/2027 430,000 0 430,000 12/1/2028 340,000 0 340,000 12/1/2029 295,000 0 295,000 12/1/2030 280,000 0 280,000 12/1/2031 240,000 0 240,000 12/1/2032 190,000 0 190,000 12/1/2033 230,000 0 230,000 5,990,000 1,445,000 7,435,000 7,000,000 2,430,000 9,430,000 Page 22 Greater 801 W. Riverside I Suite 100 Spokane � , y Spokane,Washington 99201 „ P:509,624.1393 Incorporated F:509.747.0077 g reaters pokanei ncorporated,org January 23, 2014 Honorable Dean Grafos, Mayor Mr. Mike Jackson, City Manager 11707 E Sprague Avenue, #106 Spokane Valley,WA 99206 Mayor Grafos, Mr,Jackson, and members of the City Council: Greater Spokane Incorporated is pleased to submit its 2013 fourth quarter report of activities to the City of Spokane Valley. We are pleased to be your partners in economic development recruitment, retention and expansion, in addition to international trade. If you have any questions about the report, please give me a call. Sincerely, 34.1- 9 Robin B.Toth VP, Business Development Greater Spokane Incorporated Attachment The Spokane EDC and Chamber— Integrated to accelerate regional economic prosperity SPOKANE VALLEY SEE I SELECT I SITE 2013 Q4 Report WINS - Q4 2013 RESULTS RECRUITS ■ 12 Wins • Dahl Natural, developers of a real-time, low-cost • pesticide monitoring device. Partnering with $1.2 million annual Spokane Valley tax HSSA, GSI hosted the initial visit and assisted with revenue generated incentives, property search, and introductions • 871 Jobs with a $40.6 million payroll Located in Spokane—5 jobs • $163.7 million annual economic impact • Chalk Labs, provider of advanced analytical a $11.8 million state and local tax solutions for big data, national health related revenue generated contracts. GS] supplied information on funding, is $103.5 million in capital investment property, incentives and wages 1 job, no lease yet EXPANSIONS • Minapsys,a software group with an online platform for group collaboration. GSI provided cost comparisons, property, and introductions Located in Spokane—8 jobs Leads Level t,2,3 I — . • Associated Painters, building a second aircraft- Industry painting hangar for narrow body, Boeing planes 1Myenced Manufacturing Located at SIA in Spokane—30 jobs eAernspace NCleen Technologyr • West Corporation, adding a concierge service Enemy•Heal hScientes level contract with a global client.GSI met with Into rr atgn the client on workforce and competition Technology{IT} ■Menuteoturiny Spokane Valley—20 lobs Professional Services SUCCESSES Other Nether Record Count Recruitment • Working 135 qualified leads: 40 Health Sciences, 21 Aerospace, 17 Clean Tech/Energy, 16 Manufacturing, 10 Professional Services, 8 Advanced Manufacturing, 8 Information Technology, 3 Retail, 2 Distribution/Logistics, 10 Other/Unknown • Responded to 2 requests for proposals—1 Spokane Valley property was included • Two trade shows : Aircraft Interior Show and WA State Future Energy Conference/Trade Show • Advantage Spokane e-mailed monthly to 3300 site selectors—Business Barometer,Aerospace and Health Sciences news • Distribution/Logistics ad in Nov/Dec Trade & Industry Development; Aerospace/AIR Spokane ad in Journal of Business Book of Lists 2014 • www.SelectSpokane.com - 387 Spokane Valley properties listed; 1002 page views [ 10r SprolIfoq _'Ilooto] powlirg l mykre (fIcz iczI nt: (u tr(; VP)?,91!, (r ; SPOKANE VALLEY • ;_ SEE I SELECT I SITE BREA—Retention, Expansion and Assistance ■ 54 visits to area businesses; 12 in Spokane Valley i �� ,�,, '1 15 Business Assists; j • x .Y ....-`--a . ci MK* Government Contracting o . .�yr■, i , ',.P,`' { .s�_ - � 4 ,.7Y. is 13 Workshops-small business issues -;-'i'°-' ':-%?- - - • 4,_. = �-t ,.:z fvo� and government contracting S =-- ' ,` '. • 280 active PTAC clients; 30 new clients �� }�� _q f- - }J counseled on government contracting .. , • 8 contracts reported, totaling$3.4 million; 1 Spokane Valley contract for .,,c: e 43K ti,b .� 4 , f - r�. #_"=-' SPOKANE r '490'' International Trade • 15 trade business assistance/visits ioA�R'rYAYJ1E�Grifis t i N!EQiCAL LAKE ', • Promotion of Canadian webinar series , , &CHENEY ;, ■ GSI International Trade Roundtable formed PROJECTS • Alaska Airlines inflight magazine for February features Spokane (GSI partners with Visit Spokane) ■ Connect NW is integrating their entrepreneur programming into GSI • Spokane STEM integrated with GSI • Outbound visit to Dallas for meetings with 12 site selectors; partnered with Grant County EDO • Attended AFA Governor's Aerospace Conference • Represented Spokane at Washington Economic Development Association (WEDA), Inland Northwest Economic Alliance (IKEA), Innovation Partnership Zone (IPZ), and Washington Economic Development Commission • Worked on aerospace projects through AIR Spokane,WA Aerospace Partnership Board-777x Working Group, and Aerospace Futures Alliance (AFA) • Served on University District Board, Northeast Development(NED), West Plains Economic Development committee • Convened Port District Task Force, Economic Development Advisory Group, Manufacturers Roundtable • Participated with EWU in C2ER Cost of Living—Spokane index is 96, 4% below national average Greater Spokane Incorporated www.greaterspokane.org 509.321.3636 Business Greater \ ~° --� 1 Spokane • �---_ _.- r1 j� ® d �. In orporatted ,n .ti �. 'f F _ ,• - I� 11:1, : • • 1 M". Business Barometer Quarter 3, 2013 A quarterly publication from Greater Spokane IncarporatedTr•^ Overall, a Positive Third Quarter "We ended the third quarter on an overall positive note,"says Steve Scranton, chief investment officer for Washington Trust Bank. "But the big question is about the government shutdown and we won't see the effect of that until after the fourth quarter." "On the basis of most key metrics,"says Shaun O'L. Higgins, managing principal of The Oxalis Group LLC, and a longtime observer of the regional economy and demographics, "the third quarter was a strong one for the Spokane economy.While I'm optimistic, on most counts, about the near-term outlook for the economy, I like to note that metrics alone do not guarantee that what has been is what will be." "The region did better than I expected,"says Avista chief economist Grant Forsyth. "We saw stronger than anticipated construction activity, and permitting numbers indicate we will continue to have fairly good real estate and construction activity going into 2014.All the leading indicators are currently pointing toward growth next year. We really have lagged the recovery that's occurred in the U.S. and the state,so this is long overdue." "In the first and second quarters, what we've seen for Spokane is that we have underestimated the growth of jobs,"says Doug Tweedy, regional economist, Washington State Employment Security Department. "Payroll data continues to post significant increases. Employment and unemployment for Spokane is not seasonally adjusted;as jobs come and go,you really need to take a longer view for trends. Not just monthly or even quarterly changes.Over the year,Spokane's economy has produced thousands of jobs." Home Sales Very Strong, Values Up Slightly While units sold in third quarter were up 32%over the same The housing numbers in the greater Spokane area are consistent period last year, and dollar volume increased 33%, our average with the national housing recovery(outside of areas such as and median sales prices rose a modest 1.5%. Arizona and California), according to Forsyth, "Our housing recovery is occurring at a modest pace,which is good news "The housing picture continues to brighten,and shows promise because it is a healthy,sustainable pace. I am looking for an of an increasingly upward curve,"states Higgins. "The nice gains increase in home prices near the rate of inflation,which is normal over the two-year period are beginning to put us back on track for this area." in terms of long-term housing appreciation."For the two-year period--Third Quarter 2011 to Third Quarter 2013--there was nearly a 46% increase in unit sales, median price increased 7.7% Spokane County Single-Family Home Sales and average sales prices were up even higher at 10.9%. Quarterly Units Dollar Sales Price Scranton notes that home prices are now at approximately the Sold Volume(000} Average Median same levels as 2010. With more people back above water on their mortgages, he believes more inventory has probably come 2011 Q3 1,155 $194,666 $168,542 $157,500 onto the market,which is keeping home prices from rising at a 2012 Q3 1,279 $235,603 $184,208 $167,500 faster pace. 2013 Q3 1,683 $314,647 $186,938 $169,900 Source: Spokane Association of Realtors Continued Home Sales (Cont.) ' Forsyth adds, "We are seeing a more normal balance between construction of single family homes and apartments, unlike the last couple of years when it was lopsided in favor of apartment complexes. People in the construction industry, especially those in residential,say there is a lot of activity and they are busy,which is great news." Varying Degrees of Optimism for Employment Editor's note:due to the government shutdown, reporting of job Forsyth expresses a more positive assessment. "The labor numbers for September and the quarter was delayed fora month market was really firing on all cylinders, and by that I mean the and our employment data is for July and August only government sector, the goods-producing sector and private services ---they all grew this year. It's been a long time since we Initial claims for unemployment insurance, a leading indicator, had all of those cylinders pulling the engine along at the same have dropped to pre-recession levels and continue to drop, time.They all had a fairly strong performance, especially if you according to Doug Tweedy. "That's a good sign for the future of look at how we moved into 2013. It's connected to the fact that jobs." we saw a fairly robust construction market with the regional housing market doing better than I expected. Plus, the recovery On a more cautious note, Higgins comments, "Employment in service jobs is fairly broad-based." statistics this quarter are somewhat muddled due to missing local and state numbers for September, a function of cost-control/ "Now that the employment picture is better," Forsyth continues, sequester issues impacting the development and release of "it will be easier to get people to move here and that, in turn,will numbers.We do, however, know this: Spokane's unemployment, help the housing market." at 8.3%for the quarter,continued to drop but remained stubbornly above state and national levels." Scranton notes that Bureau of Labor Statistics data for Spokane, through September, showed positive signs for all categories "In Spokane,job-growth was not a factor in reducing the except Professional and Business Services, on a year-over-year unemployment rate," Higgins continues. "Fewer people were basis. employed(about 1,400 fewer),fewer people were unemployed (about 800 fewer)and fewer people were seeking employment "Government employment grew at the local and state level," (about 2,200 fewer). Ideally,we'll see this picture more clearly and says Forsyth, "as the worst of the government layoffs are over. I positively when we have the September numbers. " expect federal employment will remain weak for a while," "We had a huge number of people come into our workforce Tweedy says, "In the Spokane area,government is the number during the recession,"Tweedy notes. "In fact,our labor force is one employer with 35,000 jobs.The decreases have started to still larger than it was before the recession.Some of these people flatten out. Education has actually seen some increases. But have left for other opportunities,such as construction jobs in there are still national employment concerns that will affect North Dakota.The good news is that the first-level jobs added in Spokane. Federal employment in this area is approximately Spokane were high-paying and we're starting to see the multiplier 4,500, but federal spending affects a lot of different industries, effect with job creation in leisure, and hospitality and retail trade." not just state and local governments, but also contractors. It weaves its way through our entire economy." "Whatever the reasons for the lower workforce participation in Spokane," Higgins says, "the pattern indicated a lack of Tweedy concludes, "We have underestimated our growth,which employment vibrancy for the quarter and failed to signal a return is a positive, and it is due to a very diverse recovery in many to vibrancy in the near future." industries,which speaks well for the future.We track new hires and initial claims for unemployment,and both of those are very positive too." Spokane County Civilian Labor Force Unemployment Statistics . Spokane County Civilian Labor Force Spokane County Washington State United States Total Employed Unemployed Unemployment Rate Unemployment Rate Unemployment Rate 2011 03 224,177 203,730 20,447 9.1% 8.9% 9.1% 2012 Q3 225,213 205,947 19,267 8.6% 8.2% 8.1% 2013 Q3 223,000 204,595 18,405 8.3% 7.5% 7.5% Source:Washington State Employment Security Department;U.S.Bureau of Labor Statistics Continued Retail Sales Boom "Retail sales boomed during the 3rd quarter,"says Higgins, "up not only from the same quarter last year, but also showing a Spokane County Reported Taxable Sales substantial gain over the pace for the first half of this year." Totals Taxable Retail Trade Total Taxable Sales He continues, "Retail trade sales,which accounts for about half of all taxable sales in Spokane County, were up 8.5%from 2011 Q3 $898,875,241 $1,935,065,491 the same quarter a year ago.That's more than three times the 2012 Q3 $924,442,418 $1,954,827,277 level of gains reported when the two previous third quarters are 2013 Q3 $1,003,249,288 $2,078,988,078 compared. Furthermore, total taxable sales were up 6.4%.These Source:Spokane County gains far exceeded expectations of tax beneficiaries at the state and local level." much higher than the growth in personal income,so he expects this to pull back a bit going forward. Scranton cautions, "Local governments should not budget off of these increases because it is more reasonable to assume going Higgins says, "there is no question that auto sales have forward, especially with the uncertainty about federal budget continued to show strength,that home furnishings,furniture and issues, that sales increases will be lower in the fourth quarter. I related home-based spending is a bright spot, and that some am anticipating we will fall back to somewhere in the 2% range costs—particularly for fuel—are lower than expected,freeing up for quarter-over-quarter retail sale gains." dollars for dining out and small, discretionary spending. Most of the observers I touch base with feel that taxable sales are likely to Forsyth agrees, cautioning that the rate of growth in retail sales is decline over the next year, but still show growth." Strong Permitting Numbers "Permitting is pointing toward continued growth here next year," according to Forsyth. City &County Building Permits Overall for Spokane County, new and remodeling, permitting Value of Permits valuations increased by 69%for third quarter this year over last. 2012 Q3 2013 Q3 Forsyth says, "There has been some permitting in the weekly New $120,208,404 $224,949,565 construction index for fairly sizable apartment complexes around Remodel $56,649,975 $58,549,247 the county, which accounts for some of the increase." Number of Permits The largest increase,quarter-over-quarter, was 527%for new 2012 Q3 2013 Q3 construction valuation in the City of Spokane Valley,while New 501 596 remodeling valuations dropped just over 6%,for an overall Remodel 2,470 2,406 construction valuation increase of 219%with only an 8% increase in the number of permits. Source:City of Spokane, City of Spokane Valley, and Spokane County statistical reports. The City of Spokane had a very strong 162% growth in third quarter valuations for new construction over the same period permitting valuation increases in the City of Spokane. last year and 15% growth in remodeling valuations,for an overall construction valuation increase of 88%,while permit numbers Permitting in unincorporated Spokane County was a different actually dropped 5%. story.Third quarter permit valuations were down nearly 7% for new construction and 35%for remodeling,for an overall The economists speculated that permitting for the new hotel construction decrease of 9.2%,with permit numbers actually being built by Walt and Karen Worthy was responsible for 2.6% higher than a year ago. Inflation Remains Low "An inflation rate of 1.2% is on the low side of the Federal Consumer Price Index Reserve's comfort level and gives them additional room to delay 'tapering'their monetary policy until the latter part of 2014," CPI Annual Percent Change according to Forsyth. 2011 Q3 3.8% Higgins says, "Inflation and interest rates are unlikely to rise 2012 Q3 1.5% significantly,which will provide buyers at all levels with a sense of 2013 Q3 1.2% greater comfort about taking on a bit more debt in order to obtain Source: U.S. Bureau of Labor Statistics Inflation Remains Low (Cont.) value-priced merchandise at a time when traditional forms of household saving are producing low returns." Forsyth says there is no indication(without a sudden and unexpected price shock)that there will be anything other than benign inflation for the next year. Scranton concurs, "Inflation is not a source of concern, although health care, tuition and some other costs are increasing above the rate of inflation and will cause some individuals to experience a personal rate of inflation that does not reflect the national average." Airport Cargo Numbers Improve Cargo is up 9.4% for the quarter, a positive trend that Todd Woodard, director of marketing and public relations, Spokane Spokane International Airport Statistics International Airport,attributes to an increase in capacity by Quarterly Total Total Total Cargo FedEx and UPS, However, cargo volumes are difficult to analyze, Operations Passengers (tons) according to Woodard, because much of the carrier information is proprietary and closely held. 2011 Q3 20,303 857,758 14,961.1 2012 03 17,947 836,774 14,707.5 Passenger volumes,on the other hand, continued the trend of 2013 Q3 18,786 809,984 16,089.6 recent quarters and were down 3.2%,quarter-over-quarter, on Source:Spokane International Airport 5% less available seating capacity. the overall goal for most communities. In comparison,we have "We just returned from a large aviation forecasting meeting,"says worked diligently and been pleased to add new nonstop routes Woodard, "and with the system-wide airline capacity reductions and maintain much of our connectivity.We are delighted that over the last several years, retention of existing air service is Allegiant will return to Spokane on December 13 and begin offering nonstop service to Honolulu for the second winter." Closing Thoughts and Observations Shaun Higgins:I believe the overall picture for the next 12 months is solid for retail, at normal levels of 4-5%.And, I'll be watching the employment,wage and interest pictures closely. Even minor upticks in the local jobs and wage numbers could produce ongoing gains closer to this quarter's surprisingly strong performance,assuming interest and inflation factors remain at or near current levels. Grant Forsyth: I would not be surprised to see the unemployment rate go up as discouraged workers re-enter the job market. However, a challenge going forward is how to get the very long-term unemployed to return to actively seeking and finding work. Steve Scranton: I remain cautiously optimistic that we will continue the slow,steady process of recovery. But there could be a reversal of good news due to the government shutdown and all the problems associated with Congress not operating in a functional way. In fact,a recent study by the Federal Reserve reports that the uncertainty caused by Congress has caused the unemployment rate to be 1% higher than it would have been otherwise. Doug Tweedy:We are starting to see some labor shortages due to retirements and that's going to be an important consideration for the future. We need to have effective succession planning to maintain the labor pipeline. Barometer Writer: Data assemb:ed by the Institute for Public Policy& Debbie Hauer,Legendary Hills Communications Economic Analysis at Eastern Washington University EASTERN LTeridarL Cammantcarra nr ,..pyr WASHINGTON UNIVERSITY start something blg l Greater Spokane Incorporated 801 W. Riverside Ave., Suite 100- Great Spokane,WA 99201 � ,�{` ��+teer Mg 509.624.1393 greaterspokane.org lncol'patatt�ci 44 Jour oaf of Business 2014(look of Lists * SUPPLY CHAIN COMPANIES Lots of them and easy to get here QUALITY OF LIFE Low cost of living,beautiful parks,local lakes,outdoor activities,shopping,schools * GREAT ACCESS Easy to access site +-AIRPORT * RAIL Rail goes right to site Adjacent to site,lots of runway,great proximity SHOVEL READY - EDUCATION City,county and airpoil.Everything is Great schools,Higher education- approved and everyone is onboard WSU,EWU,Gonzaga,Whitworth,CCS • • •� �� Wit'"- [ • l . --- '1 C r � l ' '• I' 's.' • YE• iii III' •w S. / . Adroir, - . . ... .. 1., 4' , , , .0710. ,IRE:... „, e- ! 1 H ert 4 S V ilr. ro . , r 1 . t Oii's,''c\ :. r Growing Aerospace Investments in the Spokane Region AIR Spokane Partnership Avista I City of Spokane I Community Colleges of Spokane Greater Spokane Incorporated I Spokane County 1 Spokane International Airport crag 800 SPOKANE I Robin Toth I rtoth@greaterspokane.orci ! Spokane w r��;ar,vlti girl 3'4 -y 14 nr �.- c•!' = . -7;... .q i ti .' }'r ' ' ' , -RPM `.may , i 7° .1. �' ,1 '. '1;;i �_-.7-_. I -- ... _J Greater n.14411Z' '•, 11 i' 1 Ai :-ate`.' .e eo Spokane e _ , 1 ��a fa _ �`.Y' --- r_ _ _ tom'!.n...----- 'S;' forward to a friend December 17,2013 Advantage Spokane: Business nevus from —: Greater Spokane -- — Incorporated Phial ' ' Sites & Demographics 41- — -- Y-. Find Spokane's commercial +� �; 1 s g properties and customized `" i demographic information on selectspokane.com - 'o► •-..,_ Supply Chain There are 80 aerospace and 4 MRO companies in the Inside Associated Painters'Hangar in Spokane Spokane region. When you think of aerospace in Washington State, you often think of the Seattle inwac.com and Puget Sound area where more than 1200 companies are currently building and supplying parts to The Boeing Company. What you might not know is that Spokane is home to more than 100 companies involved in the aerospace industry. Business Cost The cost of doing business in More than 8,000 people are employed in this industry in the Spokane region, and Spokane is 18%below the that number is growing with recent expansion announcements at several local national average-Moody's manufacturers. Read more to find out why Spokane is an Ideal Site For Analytics Aerospace Investment. WA in Top 10 for Associated Painters Expands in Spokane Business 2013 Greater Spokane Incorporated was one of several parties involved in a successful Forbes Magazine cites pitch to Associated Painters to build a second paint facility at Spokane culture of innovation and lack International Airport. The company needed additional space to meet customer of personal and corporate demand and was looking at several sites in the U.S. income taxes as reasons for Spokane's#9 ranking. According to Associated Painters CFO Alan McKee, "GSl played an important role with our decision to construct the second hangar in Spokane. They were able to quickly assist with bringing the right community leaders to the table to make Contact Us the project work." Talk to our Economic Read more Development Team about Spokane's Advantages. Robin Toth 509.321.3636 rtoth(cgreaterspokane.org Stan Key 509.321.3640 skey©greaterspokane.org ;;II , • t• Associated Painters Expansion Undervt.ay- Garco Construction Parker Aerospace Wins Jet Missile Contract Parker Aerospace, which includes the former Liberty Lake-based SprayCool Data Systems Inc. operations, was awarded a project last month to provide cooling components and systems for missiles made by Norwegian defense contractor Kongsberg Defence & Aerospace AS. Read more AS91000 Certification for Prato Technologies Proto Technologies Inc., a Liberty Lake prototype manufacturer, has experienced growth this year in revenues and its client base, says Rory Nay, the company's president. The company expects its AS91000 certification to increase the amount of work it receives. Read more WEMCO Joins Caterpillar on Spokane's West Plains Airway Heights-based Wemco Inc., a light industrial equipment manufacturer, is starting a $6 million project to build a new production facility on a 10-acre parcel on the West Plains, says John Rouse, the company's vice president. The project is among about half a dozen separate development projects planned or under way on the West Plains with a combined value of about $40 million. Read more AN IDEAL SITE FOR AEROSPACE INVESTMENTS Join us on Spokane's Aerospace Corridor .‘Irs, f . --L.,) , . _ . .-- .. . ,...n.„. , , , (., .., .,. ,_ , . . i 1 1 . ., , 4,...._ r,,, ,,,,_,, . . _.. „.._ _.. ..„ .., ,, ., r__, i , . . ... i .i : ! „ ,_.„ ,,..;:ir. ._iy �� -- - 1 1 43,2 " k i.jaf j\\' ` _ 4 { _ .•di( I ", .rwisw_ "fi,A r 11,1` f I j SfigkAIIE :^e1,41 11I5U I1IE > Open the flipbook -Greater Spokane Incorporated - Groriing jobs and business investment w w w.greaterspokane.org Forward email ,i oust JEfnafi f`ruri) '1/SafeUrtsubscribe tantact" r,y it Hitt today. This email was sent to mvandervert @greaterspokane•org by wsmith @cireaterspokane.orq Update Profile/Entail Address I Instant removal with SafeUnsubscribe"'•' I Privacy Policy. Greater Spokane Incorporated 1 801 W. Riverside Ave Suite 100 I Spokane I WA 1 99201 =1 1. ' : kr ,. . - '-i —. ' ¢ 0 r.,: �/ may yyi Gre atet' '-t .�,� -,,s, p;0:.;0" iAJ 7n/ • ��r 'S�.A Pled f' , + ' I 0``jam - 4. forward to a friend January 14,2014 Advantage Spokane: Business news from It- Greater Spokane Incorporated lisp`. : , -• 401, .. ,1 > Sites/Demographics Find Spokane's commercial properties and customized - demographic information: r \ selectspokane.com -�'"' ^� ,t411111414hAum. ,-irl 40°tIll Spokane MSA t. 0„ Breaks into Top 100 , New attention has come to "__ 1 the Spokane-Spokane Valley 7 NSA after it reached the ,.. C - ' 0 500,000 population mark. The U.S. Office of Managements - ` and Budget expanded the ,,*'"M� .+0` � area to include neighboring ✓ I Pend Oreille and Stevens Photo credit Cori Vaughn, WSU Spokane counties,which have strong economic ties to Spokane County based on commuter The Life Sciences Industry is Advancing in Spokane rates. A Hertz Corporation spokesman said: 'The top • Spokane's health care sector is over a billion dollar industry, employing WO metro market status vtas twenty percent of the workforce. Offering the largest concentration of health a contributing factor in our services between Seattle and Minneapolis, Spokane is also a center of decision to launch there. It private health sciences companies such as PerkinElmer, PAML and also helped validate the Jubilant HollisterStier. business case to make the investment in the new . Riverpoint Campus is home to three health sciences colleges - Nursing, operation." Pharmacy and Medical Sciences. With the opening of the new Other recent recruits include Pharmaceutical & Biomedical Sciences Building, the move of the PharmD Vivint and CarMax. program to Spokane, and the recruitment of prominent researchers, WSU Spokane Chancellor Lisa Brown commented "We're getting a lot of phone calls from companies interested in locating near the campus." More 2014 Prospects Bright • GSI's Technology Industry Manager, Gary Mallon adds, "Health Sciences "1 believe the overall picture & Services Authority's grant programs are a remarkable asset for the for the next 12 months is expansion of both health science and health care research and solid for retail, at normal development in Spokane County." Read below about grant recipient and levels of 4-5%. Spokane recruit, Dahl Natural. And, I?!be watching the employment, tiage and interest pictures closely. Even minor upticks in the Bioscience Device Maker Dahl Natural Relocates to Spokane local fobs and wage Dahl Natural, a company that is developing a pesticide monitoring device, has numbers could produce ongoing gains closer to this moved its headquarters to Spokane from Corvallis, Oregon, after being awarded a quarter's surprisingly strong nearly $500,000 grant from the Health Sciences & Services Authority OHSSA) of performance, assuming Spokane County. HSSA has worked with Greater Spokane Incorporated to draw interest and inflation factors bioscience companies to the area. remain at or near current levels.' The company will be able to manufacture its device in Spokane and is already Shaun O'L. Higgins working with a Spokane Valley-based electronics manufacturer to do some early Find key metrics in the manufacturing for the instrument. Business Barometer Other collaboration includes a federal grant proposal submitted with the head of the clinical pharmacology department at the WSU Spokane College of Pharmacy. Contact Us "The resources that HSSA and other people in Washington and the Spokane area Talk to our Economic are putting together for collaborative work really facilitate new businesses and Development Team about makes it really kind of a one-stop shop," Dahl President Anne Schwartz said. Spokane's Advantages. "We feel Spokane has a lot of talent for collaborative work in biotech and Robin Toth engineering." 509.321.3636 More Gary Mallon 509.321.3617 SRM Spokane and Chalk Labs Make the Move to Spokane SRM is a nationally recognized team in reproductive medicine practice and research. Their site selector was pleased with Spokane's workforce. SRM Spokane Chalk Labs provides advanced analytical and visualization solutions for Big Data and has national contracts in medical and pharma research. Chalk Labs STEM Education Prepares the Workforce Spokane leads the way The business and education communities are already well SPOKANE STEM , connected and this integration can help create new 1 GI A 1 connections, all in an effort to increase educational ScerreTedrgbgY F^9 ^9 Mh attainment in the region and prepare a skilled workforce," stated Rich Hadley, President and CEO of Greater Spokane Incorporated. More .. a 1 I i i "%N. 11 *4, . 4 I I Spokane Regional `-HEALTH SCIENCES .,-:-,.7- r -, _. t' 'INDUSTRY F-. - -Greater Spokane Incorporated - Grovang jobs and business investment ww w.greaterspokane.org Forward email ltLErf0Rm+s Tada /SafeUr subsCribe ConStarItCOMUCt. 11)+4 f Nit 1,..)fy This email was sent to mvandervert @greaterspokane.org by wsmith @greaterspokane.orq Update Profile/Email Address I Instant removal with SafeUnsubscribe'm I Privacy Policy. Greater Spokane Incorporated 1 801 W. Riverside Ave Suite 100 I Spokane I WA 1 99201 1/24/2014 GSI Welcomes Dahl Natural to Spokane GSI Welcomes Dahl Natural to Spokane ,: December 20, 2013 - Greater Spokane Incorporated (GSI) and the Health Sciences & Services Authority (HSSA) of Spokane County are pleased to announce the recruitment of Dahl Natural LLC to Spokane from Corvallis, Ore. Dahl Natural is a federally funded research operation that monitors pesticides for food and water safety and uses an Automated Electrochemical Monitoring(AECM) Device to monitor toxins in foods. The company will employ eight people and has leased space from Providence Health Care. GSI and HSSA partnered on an initiative to identify prospects that might be eligible for HSSA's Matching Grant Program, which requires companies to have in place 'goof of-concept"and peer-reviewed research funding, such as Small Business Innovative Research(SBIR) and Small Business Technology Transfer(ST'I'R) federal funding. GSI reached out to more than 400 companies in five states to acquaint them with the HS SA matching grant program. More than 20 contacts responded, with four companies visiting Spokane to learn more. GSI's Technology Industry Manager, Gary Mallon, initially contacted Dahl Natural and assisted the company through the grant application process with HSSA. GSI provided assistance, including hosting the company when it visited the area, discussing various incentives that might be available, and toured properties. HSSA granted Dahl Natural$499,954 in matching finds. The company's research here will allow it to work with the local colleges and universities as well as local companies. "HSSA's grant programs are a remarkable asset for the expansion of both health science and health care research and development in Spokane County,"Mallon said. 'The programs provide a strong point of differentiation from other communities and the Spokane community has already recognized a positive, quantifiable ROI in terms of economic development impact. Our partnership with HSSA has been a very positive collaboration and we couldn't be happier to welcome Dahl Natural to the Spokane community,"Mallon said. The recruitment of Dahl Natural is a positive for the local health sciences industry. Bringing research jobs to the area allows that industry to grow and create opportunities with the private sector. Assisting Dahl Natural is one way GSI works in support of expanding the local health sciences industry through economic development, public policy and education and workforce. httpJ/vm greaterspokane.org/press-releases-and-news/1099-gsi-welcomes-dahl-natural-to-spokane.html?tmpl=component&print=!&layout=default&page= 111 How We Help Companies Relocate and Expand, Like Minapsys Posted on December 16, 2013 by Greater Spokane Incorporated Assisting companies with their business and recruitment efforts is just one part of our role here at Greater Spokane Incorporated. A lot of times big, highly visible recruits like Caterpillar and Vivint get a lot of attention—and rightfully so. But a lot of our work has to do with assisting companies with expansions. Helping companies expand within the community(or from one community to ours) has a lot of positive impacts throughout the area. A mix of local business expansions and assistance projects combined with the recruitment of outside companies allows for a balanced economic development strategy. Our work in assisting companies changes with each one. We know Spokane's cost of living is very competitive, and our livability is great. Spokane and the surrounding area has been named a"Best Town" by Outside Magazine, a top place to live after college, a best place to live, a best place to retire to, a`winner' in economic growth for the next 20 years, and much more. Recently, we helped an intriguing startup expand in Spokane, Minapsys, which has developed a user- friendly online platform for scheduling and group collaboration. Watch their video: http://www.youtube.com/watch?v=84thoWRIJ5g. The company is located in the McKinstry Innovation Center and currently employs eight people with plans to grow. The company's Founder and CEO—Mark Colby—is originally from Spokane but has spent the past few decades in Japan, where he started a number of companies before launching Minapsys. Colby said he wanted to move the company back to his hometown and did so earlier this year. Spokane's cost of living and available talent were drivers of his decision. We helped the company find a good location in the aforementioned McKinstry Innovation Center. Finding these companies to assist happens in a number of ways and involves a variety of strategies, including targeted outreach to specific industries, networking, referrals and working with local real estate brokers and national site selection consultants. We target certain industries and work to put Spokane on the map. In the case of Minapsys, Gary Mallon, GSI's Technology Industry Manager, met Colby at a Connect Northwest investment and networking event in September. From there, future meetings were set, and GSI provided a host of support including wage, occupation and education information, as well as data around residential housing, cost of living and commercial real estate information. GSI introduced Minapsys to the McKinstry Innovation Center among other locations.We would provide much of the same support for companies looking to move here as well. Expanding companies within the region have many of the same needs as companies looking to move here from another location. Each company is looking for something unique in addition to a good location and talent to hire. That's why we work to provide the assistance a company needs so it can make the choice to move or expand to the greater Spokane region. The industries we focus on include manufacturing, aerospace, technology, health sciences, clean technology and others. Bringing businesses to Spokane brings jobs to the region, expands our economy, can create new customers, suppliers and partners, brings new residents, and contributes to our mission of growing jobs and business investment. For Minapsys, relocating to Spokane allows local folks to be employed in an exciting startup, and also gives Colby a nice homecoming. Create Something Greater Greater Spokane " Incorporated " • • • / 7 \ %at Upcoming International January 2014 Trade Events ©GreaterSpokane Doing Business in Canada 2014 Webinar Series Greater Spokane January 30, 2014 - First Session The first of the four sessions is January 30, 2014 at 10:00am- Business and 11:00am (PST) and is titled "Temporarily Moving Service Community Exporters Across the Border" for US firms that perform service Discussion Group work in Canada. - For more information Click Here. Manage Your Newsletters Cargo Logistics Canada- Expo and Conference January 29-30, 2014 Greater Spokane Incorporated is working The Cargo Logistics Canada Expo and Conference is the largest to build a strong and most diverse gathering of stakeholders in Canadian supply economy in our region chains to be assembled in Canada. by For more information Click Here. Connecting businesses to valuable relationships and resources Aerospace and Defense Supplier Summit March 11-13, 2014 Driving initiatives to improve our region This event will allow industry leaders to meet face to face to forge Advocating for business new partnerships in the global supply chain. with a strong, unified voice - For more information Click Here. Globe 2014 March 26-28, 2014 This biennial conference and exposition for environmental solutions will bring together potential buyers, partners, and investors for 3 days of outstanding exhibits, visionary conference sessions, and interactive networking opportunities. - For more information Click Here. •• Connect - Drive- Ach ocate IP •i t'2412014 Connect Northwest Integrates with GSI Connect Northwest Integrates with GSI January 21, 2014 - Greater Spokane Incorporated (GSI) and Connect Northwest(Connect NW) are pleased to announce a joint venture that will merge Connect NW's entrepreneur programming under the economic development and event planning programs of Greater Spokane Incorporated. This integration will facilitate the connection of start-up companies to community resources that will help them start, build and expand their businesses. GSI's Event Planning team will manage the day-to-day events, including Connect NW's popular Executive Connect breakfast series, CFO Connect and annual Investment Capital Forum, while the Economic Development department will provide assistance to local entrepreneurs, start-ups, and small businesses, including introductions and referrals to individuals and organizations throughout Spokane's entrepreneurial ecosystem. The integration strengthens and complements GSI's job growth and business investment initiatives, including its programs in economic development, public policy, workforce and education, and small business. The integration will enable Connect NW to remain focused on the Spokane Angel Alliance. The Spokane Angel Alliance is Connect NW's flagship program that connects entrepreneurs and local start-up companies with accredited investors who review opportunities for investment, mentoring, and advising. As part of the integration with GSI, Connect NW will be renamed the Spokane Angel Alliance and GSI will provide programming support for the group. 'This integration helps to combine expertise for accelerated investment in and success of start-up companies," said Richard Repp of Witherspoon Kelley and Chair of Connect NW. 'The Connect Northwest mission has been to connect entrepreneurs with the resources they need for success and GSI's well-known expertise in programs and events will expand the reach of these programs and provide an even stronger support system for entrepreneurs." 'The GSI team is poised to support this integration with a team of professionals dedicated to continuing the legacy of Connect NW and increasing the success of Spokane's budding entrepreneurs,"said GSI President and CEO Rich Hadley. "Strengthening these young companies provides a further springboard for economic vitality in our region." To assure success in this program, GSI is planning a series of strategy sessions, which will bring together community stakeholders to craft a cohesive vision and plan for the future of Spokane's entrepreneurial community. These meetings are planned for early spring 2014. httcril wrnri.greaterspokane.orglpress-releases-and-news/1105-connect-n rthwest-integrates-with-gsi.htnil?tn =component&print=l&layout=default&page= 111 1/24/2014 PTAC-Local Bents PTAC - Local Events ' EASTERN WASHINGTON Government PTAC r;„ Contracting Greater Spokane Incorporated Program SIGN UP AS A PTAC CLIENT ..ID Local PTAC Calendar of Events .C.PktilADPAIY t\1 .111% „� „_ NEXT EVENT; g 2 3 4 g U 3 8 S �14 t 1� t4 • WOSB/EDWOSB Process ,ir AA 16 '� �..1,it .1� a (Woman Owned Small Business 1 72, 1- Certification) 1 30 o 01.24.14 - Spokane, gam - "" 11am (registration,) Spokane Location: Greater Spokane Incorporated F 801 W Riverside, Spokane, WA 99201 I Phone: 509,321.3641 2014- 2015 Events: • Spokane AgExpo - 02.04.14 - Spokane (free to the public) • Native PTAC Conference (OMWBE) - 03.20.14 - Spokane (Registration) • Washington State OMWBE - 04.08.14 - Spokane (Registration) • Washington State Department of Enterprise Services - TBD - Spokane (Registration) • Boots to Business a Boots to Business - 03.11.14 - Fairchild Air Force (Registration) o Boots to Business - 06.10.14 - Fairchild Air Force (Registration) o Boots to Business - 09.16.14 - Fairchild Air Force (Registration) o Boots to Business - 12.09.14 - Fairchild Air Force (Registration) • Marketing Your Business to the Government (Building a Capabilities Statement) o 03,06.14 - Spokane, 1pm - 3:30pm (registration) o Marketing to the Federal Government- 06.19.14 - Spokane 9AM - 11:30 AM (Registration) o Marketing to the Federal Government- 09.25.14 - Spokane 9AM - 11:30 AM (Registration) http://m v.greaterspokane.orgIgoternment-contracting!511-ptac-etents.html?tmpl=component&print=1&layeut=default&page= 114 1/2A/2014 PTAC-Local Ewnls o Marketing to the Federal Government- 12.04.14 - Spokane 9AM - 11:30 AM (Registradon) o Marketing to the Federal Government - 03.05.15 - Spokane 9AM - 11:30 AM (Registration) • Intro to GovCon 101 (Basics of Government Contracting) o 02.13.14 - Spokane, 8am - 11am (registration) o 03.06.14 - Spokane, 8am - 11am (registration) o Intro to GovCon 101 - 04.10.14 - Spokane 8AM - 11:30 AM (Registration) o Intro to GovCon 101 - 05.15.14 - Spokane 8AM - 11:30 AM (Registration) o Intro to GovCon 101 - 06.12.14 - Spokane 8AM 11:30 AM (Registration) o Intro to GovCon 101 - 08.14.14 - Spokane 8AM - 11:30 AM (Registration) o Intro to GovCon 101 - 09.11.14 - Spokane 8AM - 11:30 AM (Registration) a Intro to GovCon 101 - 10.09.14 - Spokane 8AM - 11:30 AM (Registration) o Intro to GovCon 101 - 11,06,14 - Spokane 8AM - 11:30 AM (Registration) o Intro to GovCon 101 - 12,11.14 - Spokane 8AM - 11:30 AM (Registration) o Intro to GovCon 101 - 01.08.15 - Spokane 8AM - 11:30 AM (Registration) o Intro to GovCon 101 - 02.12.15 - Spokane 8AM - 11:30 AM (Registration) o Intro to GovCon 101 - 03.12.15 - Spokane 8AM - 11:30 AM (Registration) • WOSB/EDWOSB Process (Woman Owned Small Business Certification) o 01.24.14 - Spokane, gam - 11am (registration) o WOSB/EDWOSB Certification Process - 05.23.14 - Spokane 9AM - 11:00 AM (Registration) o WOSB/EDWOSB Certification Process - 09.26,14 - Spokane 9AM - 11:00 AM (Registration) o WOSB/EDWOSB Certification Process - 01.23.15 - Spokane 9AM - 11:00 AM (Registration) Clarkston • Please contact PTAC to set up an appointment or contract our Partner - Kristin Kemak - Lewis Clark Valley Chamber of Commerce 1 502 Bridge Street I Clarkston, WA 99403 I Phone: 509.758.7712 or 800.933.2128 1 Fax: 509.751.8767 o Monthly Government Contracting Training Session - 04.25.14 - Clarkston 9AM - 4PM (Registration) o Monthly Government Contracting Training Session - 05.16.14 - Clarkston 9AM - 4PM (Registration) o Monthly Government Contracting Training Session - 06.20.14 - Clarkston 9AM - 4PM (Registration) o Monthly Government Contracting Training Session - 07.25.14 - Clarkston 9AM - 4PM (Registration) o Monthly Government Contracting Training Session - 08.22.14 - Clarkston 9AM - 4PM (Registration) o Monthly Government Contracting Training Session - 09.19.14 - Clarkston 9AM - 4PM (Registration) o Monthly Government Contracting Training Session - 10.24.14 - Clarkston 9AM - 4PM (Registration) Colville • Please contact PTAC to set up an appointment or contact our Partner - Mallory Conner - Tri County Economic Development District 1 986 South Main Street, Suite A, Colville, WA 99114 I Phone: 509- 684-4571 or 800-776-7318 I Fax: 509-684-4788 o Monthly Government Contracting Training Session - 04.04.14 - Colville 9AM - 4PM (Registration) http:/hw w.g reaterspokne.org lg otiernment-contracting/511-ptac-exents.htmi?tmpl=component&print=1&lays ut=default&page= 214 1/2412014 PTAC-Local Eents o Monthly Government Contracting Training Session - 05,02.14 - Colville 9AM 4PM (Registration) o Monthly Government Contracting Training Session - 05.30.14 - Colville 9AM - 4PM (Registration) o Monthly Government Contracting Training Session - 06.27.14 - Colville 9AM - 4PM (Registration) o Monthly Government Contracting Training Session - 08.01.14 - Colville 9AM - 4PM (Registration) o Monthly Government Contracting Training Session - 08.29.14 - Colville 9AM - 4PM (Registration) o Monthly Government Contracting Training Session - 10.03.14 - Colville 9AM - 4PM (Registration) o Monthly Government Contracting Training Session - 10.31.14 - Colville 9AM - 4PM (Registration) Newport • Please contact PTAC to set up an appointment or contact our Partner - Jamie Wyrobek iwvrobekftpendoreille.orq to set up an appointment. Unless otherwise noted, most sessions will be held at the Pend Oreille County Economic Development Center in Newport, WA. o Monthly Government Contracting Training Session - 03.31.14 - Newport 9AM - 4PM (Registration) o Monthly Government Contracting Training Session - 04.28.14 - Newport 9AM - 4PM (Registration) o Monthly Government Contracting Training Session - 05.27.14 - Newport 9AM - 4PM (Registration) o Monthly Government Contracting Training Session - 06.23.14 - Newport 9AM - 4PM (Registration) o Monthly Government Contracting Training Session - 07.28.14 - Newport 9AM - 4PM (Registration) o Monthly Government Contracting Training Session - 08,25.14 - Newport 9AM - 4PM (Registration) o Monthly Government Contracting Training Session - 09.29.14 - Newport 9AM - 4PM (Registration) o Monthly Government Contracting Training Session - 10.27.14 - Newport 9AM - 4PM (Registration) o Monthly Government Contracting Training Session - 03.30.15 - Newport 9AM - 4PM (Registration) Omak • Partner Contact- Roni Holder-Diefenbach, Executive Director, Economic Alliance I P.O. Box 626 I Omak, WA 98841 I Phone: 509-826-5107 I Fax: 509-826-7425 I Cell: 509-322-6266 rholderdlefenbach @economic-alliance.com Click here for more PTAC Partner Events? Greater Spokane Inc which serves as a Procurement Technical Assistance Center(PTAC), is funded in part through a cooperative agreement from the Department of Defense (DOD) through a program that is administered by the Defense Logistics Agency (DLA). The content of any written materials or verbal communications of the PTAC does not necessarily reflect the official views of or imply endorsement by DOD or DLA. http:llw m.greaterspolene.orglgmernment-contraclirg1511-ptac-evants.html?impl=component&print-1&layout=default&page= 314 S ` H-3 , it,\\\\ \ . . . . .. I SE \�.l -I LE(Cl X. Syr r. �,y.-1:-.133:1—:-''---...,_---,2-4, . - : - .--, _„. _ , . _,.. .. . ,,,. . r-- -,,,; ::-.,..'-; :r::--,:.,,----.-,....,T'-,,•:," ''''':-.., .1....,* •P . { 1 Ar i � '"�r ';�� ".+ .r..,,,,4 , .f• Y .n r :t.- t. -,' 1 �.AWn\I h 1!�.� J 'r . y } r. f r .41' _ TO AIRWAY"HEIGHT • I "+ ...+41 • .1 MEDICAL LAKE'• • / 4. .' S CHENEY k. - PLAY LEARNIWORKILIVE . ., i . . _._ i i . .,,,,, I .... . . • . \ .. , I! . . ,_. . ....,. . . . . , - . e. � ,.. • t' t i' ( 't� `'�' ii r 1 _ ..., _ • f ' p* .• I y f ../Aiiii it i "'"•. \'J atilt] . r _ ' }) ..�r .1 'I',• \ ) l -'•----,.......11,1k.., { fr.7- 41eF *' a,_... www.greaterspokane.org • 1.800.SPOKANE SEE 1 It's that easy! Our community has simplified the site selection process for your project. We have shovel-ready sites, a skilled ;4` workforce and a portfolio of incentives that are very competitive with other locations. .:- New Technologies The regional economy is thriving on the emergence of new Regional Hub technologies in advanced manufacturing, professional, Spokane is a regional hub, serving a population of scientific and technical services and health care research and almost 2 million people with cultural activities, retail commercialization. New jobs in these industries offer excellent connections, multi modal transportation, recreational long-term prospects for employment and higher earnings, and access, business services, educational opportunities, are supported by the region's focus on driving K-12 and higher medical care and much more. education initiatives to grow these new economic opportunities. Spokane is a unique hybrid of the West Coast's renowned quality of life and the Midwest's low cost of doing business and strong work ethic. This desirable dynamic creates a highly-educated workforce without the usual high wages. Michael McDermott Director., Director s - 'f" Newmark Grubb Knight Frank 5l r.--- '�` . ‘1! -,-----'ti`s'L i �,,_.._��-yam 3e.r: a - ri s� e` 1,--i-", �.* -+-, r ° - . 1 Cost of Living 1 i y .'sue ,3. << r ,, � ,. �'`' - C.) ; Business Cost t 4�9 1- 4 4 � � i 1 ifD ;, ,' - If' I'It:41, 0,34 lip r a n . , ti 'Est. www.greaterspokane.org • 1.800.SPOKANE aa . lNfa a'ta SPOKANE Spokane Brands -- Diversified Economy Caterpillar Spokane is very competitive with similarly-sized urban centers in attracting national and international investments. These investments in turn drive the creation and F5 expansion of other complementary businesses, creating a well-rounded and diversified economy. Honeywell ' Salesforce.com Workforce URM Stores The region's workforce is highly skilled, with additional capabilities available through the entire educational platform from 1C-20+, including alternatives in on-the-job and UTC Aerospace Systems P y customized technical training as well. Vivint, Inc. �, The largest jobholder age group in Spokane County is 25 to 34 year olds at 22.6 --�-, percent of the workforce. The average annual wage is$38,699 which ranks tenth /, ;'�.�' among all Washington state counties. For adults 25 and over in Spokane County, a higher percent are high school graduates than the state and the nation. Housing Recreation ' Commute Time- ` ^ $171 8 111' Safety • ,.., than public a d ,ri, << Ms MIJI ifi priva�e golf `,,( ho e price find fit. i J S4 courses mug fl( ,fel'J �I MOW r Wass {x J 4',Nati 4' ,{�s,snc�cane enter tar RealEsfateRe hli�a�hila i al�t^r ' 1 J ] .i�w ,fit 4a SEE I SELECT 1 SITE SPOKANE The Spokane region compares well to the competition: "Caterpillar is thrilled to call Spokane • Government partners are committed to business-friendly permitting and licensing home to one of its newest distribu tion centers. We are extremely proud • Spokane's Certified Site Program is the first in the State of Washington of the talented Caterpillar team we've built right here in Spokane. The avail- • Regional business and industrial parks offer a number of options for sale or lease P ability of the local community's skilled workforce is important to us." • Largest jobholder group is 25 to 34 years of age Brad Gile Caterpillar Logistics • 70,000 students attend postsecondary education within a 75 mile radius of Spokane 6 • Science,Technology, Engineering and Math programs are gaining ground in SO,"The Spokane area produces a highly-educated and motivated • Spokane ranks 149 out of 392 metro areas for annual employment growth workforce, which fits Vivint's existing • Cost of doing business in Spokane is 18% lower than the U.S. average ,company culture." Josh Houser • Our average commute time is 22 minutes-the sixth best in the nation Vivint t. .. „ ; AI , r -Ir • Or r- . y _ z . . 2,7--"...--7---.1*-' ." �• ..;y----, .' .- ' �� .- C. `� }�__ - �..�,. r i ll a tt ; s�' rah Rim N- - �� 801 W Riverside Avenue, Suite 100,Spokane,WA 99201 I greaterspokane.org I selectspokane.com I Robin Toth 1509.321.3636 --` _i ° 1 , Your logo here ° unaty. r • . ._ I ~' ` wil ' _ - ' a. . - @ ■ - j Q ?..,z Canada 'S Seattle . ;' Spokane F Montana Recent Projects F .->, Washington o PepsiCo L. 0�/, Oregon ldaf7o Caterpillar CarMax I Vivint Contact: Robin Toth Horizon Airlines Greater Spokane Incorporated VP, Business Development Schweitzer Engineering Laboratories 509.321.3636 rtoth@greaterspokano.org www.greaterspokane.org Design property of Greater Spokane incorporated Greater . _. - Spokane -- _ _ F n Incorporated � ; CITY OF SPOKANE VALLEY Request for Council Action Meeting Date: February 4, 2014 Department Director Approval Check all that apply: [' consent ❑ old business ❑ new business ❑ public hearing ❑ information [' admin. report ❑ pending legislation ® executive session AGENDA ITEM TITLE: EXECUTIVE SESSION: Potential Litigation GOVERNING LEGISLATION: [RCW 42.30.110(1)(i)] PREVIOUS COUNCIL ACTION TAKEN: BACKGROUND: OPTIONS: RECOMMENDED ACTION OR MOTION: "I move that Council adjourn into executive session for approximately thirty minutes to discuss potential litigation, and that no action will be taken upon return to open session." BUDGET/FINANCIAL IMPACTS: STAFF CONTACT: Cary Driskell ATTACHMENTS: