Tuesday, December 6, 2011

Approved City Budget Adds $700k To Street Fund

Spokane's City Council last night adopted the 2012 City Budget. They largely accepted the budget proposed by Mayor Mary Verner, with a few tweaks. The last item pertains to transportation so take note of it:

• Added $100,000 to the Human Services budget for additional allocations to social service agencies. Some $900,000 already was included in the budget for Human Services grants.
• Added back $30,000 in funding to the City’s Arts Department.
• Retained the Weights & Measures function at the City.
• Made some changes to the Council’s own office budget.
• Added minor amounts to the Spokane Public Library to help job seekers and to the youth program, which is expected to be turned over to a non-profit agency in 2012.
• Moved $700,000 in real estate excise tax money to the Street Fund to limit the use of Street reserves in that fund to balance that portion of the 2012 Budget.

The City’s General Fund for 2012 will total approximately $164 million. The General Fund pays for police, fire, streets, parks, and libraries, among other things. Revenue for the General Fund comes from sales, property, and utility taxes.

As part of the 2012 Budget the City also will add $615,000 to the City’s rainy-day fund, which had been largely depleted over the last several years of tough budgets.

I was going to add a link to the budget itself, but the City's website appears to be down right now.

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About SRTC

SRTC is the federally designated Metropolitan Planning Organization (MPO) for Spokane County. Urbanized areas with populations exceeding 50,000 people are required to have an MPO. SRTC was formed to address the county's transportation planning needs. It provides coordination in planning between the public, cities, small towns, the county, the state, transit providers, and tribes.

SRTC offers services including transportation monitoring, transportation modeling, census information analysis, travel demand forecasting, historical traffic count analysis, geographic information systems, and trip generation rates.