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A RESOLUTION relating to the operations and finances of the King County Flood Control Zone District; adopting a revised 2018 budget, district oversight budget, capital budget, six-year capital improvement program for 2018-2023; and amending Resolution FCD2017-07.2.
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WHEREAS, the King County Flood Control Zone District ("the District") adopted its 2018 work program, budget, operating budget, capital budget, and six-year capital improvement program in Resolution FCD2017-07.2, and
WHEREAS, an annual carry-forward budget resolution is necessary to provide budget authority for unspent appropriations from the prior year and to reinstate contract encumbrances, and
WHEREAS, the carry-forward amount for unspent appropriations from 2017 to 2018 is $97,764,111, and
WHEREAS, pursuant to RCW 86.15.140, the District held a public hearing on the proposed carry-forward amount and a supplemental budget on July 30, 2018, and
WHEREAS, pursuant to RCW 86.15.110, the board of supervisors ("the Board") has determined that the flood control improvements adopted by this resolution generally contribute to the objectives of the District's comprehensive plan of development, and
WHEREAS, the Board desires to adopt amendments to the District's 2018 budget, operating budget, capital budget, and six-year capital improvement program;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE KING COUNTY FLOOD CONTROL ZONE DISTRICT:
SECTION 1. The Board adopts a revised 2018 budget for the District, as set forth in Attachment B to this resolution, titled "2018 Reallocation Budget July 12, 2018," and amends Section 1 of FCD2017-07.2 accordingly.
SEC TION 2. The Board adopts a revised 2017 operating budget for the District, as set forth in Attachment C to this resolution, titled "2018 Reallocation Operating Budget July 12, 2018," and amends Section 1 of FCD2017-07.2 accordingly.
SECTION 3. The Board adopts a revised 2017 capital budget for the District, consisting o...
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