Title
A MOTION adopting the 2012 work program for the budget and fiscal management committee.
Body
WHEREAS, the council has charged the budget and fiscal management committee with considering and making recommendations on: the county revenue and expenditure fiscal structural gap; capital and operating budget appropriations; the sale and lease of real property to or by the county; debt and investment proposals; bond issues; the office of economic and financial analysis; financial policies; and the implementation of appropriate labor agreements, and
WHEREAS, the budget and fiscal management committee is also charged with developing recommendations on policy direction for the 2013 annual budget - and 2013/2014 biennial budgets where applicable - based on the recommendations of other council committees and taking into account the estimated fiscal impacts of state and federal legislation, and
WHEREAS, King County continues to experience financial challenges in its general fund and other funds, and
WHEREAS, the committee has, therefore, developed a work plan for 2012 to facilitate its review of: budgets, including monitoring and making recommendations on: financial policies and plans; status of county funds; revenues and expenditures; taxes, levies, and fees; debt and investments; sale and lease of real property to or by the county; and its development of policy options and recommendations on these and other issues including the 2013 annual budget and 2013/2014 biennial budgets, and
WHEREAS, the committee seeks to be fully transparent and accountable to the public for its work program, and
WHEREAS, the committee seeks full council involvement in and support for its work program;
NOW, THEREFORE, BE IT MOVED by the Council of King County:
The budget and fiscal management committee's 2012 work program, Attachment A to this motion, is hereby adopted.