Finance Committee

City Hall Meeting Minutes 601 4th Avenue E Olympia, WA 98501 Finance Committee Information: 360.753.8244 Wednesday, August 18, 2021 5:30 PM Online and Via Phone Attend: https://us02web.zoom.us/webinar/register/WN_kjkSEzyaTvO5JAhvWkHVZw 1. CALL TO ORDER Chair Cooper called the meeting to order at 5:30 p.m. 2. ROLL CALL Present: 3 - Chair Jim Cooper, Committee member Lisa Parshley and Committee member Cheryl Selby 3. APPROVAL OF AGENDA The agenda was approved. 4. PUBLIC COMMENT - None 5. APPROVAL OF MINUTES - NONE 6. COMMITTEE BUSINESS 6.A 21-0777 2022-2027 Capital Facilities Plan Briefing Principle Planner Joyce Phillips reported 2022 Capital Budget Expenses are $39,098,238 and the 2022 Capital Revenue is $39,807,951. Ms. Phillips highlighted some of the projects in the 2022-2027 Capital Facilities Plan (CFP). They include: Armory Creative Campus Design; Peach & Healing Park Design; Lions Park Sprayground Construction; Grass Lake Nature Park Trail Construction; Improvements to State Avenue, Boulevard Road Trail Crossing, Fones Road Reconstruction, Accessibility Improvements at the Olympia Center, Washington Center for Performing Arts Building Improvements; and Drinking Water, Wastewater, Stormwater and Waster ReSources projects. There will be public hearings on the CFP at the September 20, 2021 Planning Commission meeting and the October 12, 2021 City Council meeting. The information was provided. 7. REPORTS AND UPDATES City of Olympia Page 1 Finance Committee Meeting Minutes August 18, 2021 Budget & Fiscal Analyst Joan Lutz reported sales tax revenues continue to be higher than projected. Assistant City Manager Debbie Sullivan updated the Committee on important upcoming budget dates. 8. ADJOURNMENT The meeting adjourned at 6:35 p.m. City of Olympia Page 2