Raw .srt transcript file as collected from the source layer.
1 00:00:31,398 --> 00:00:32,399 THE COMMITTEE. WILL THE CLERK 2 00:00:32,399 --> 00:00:33,199 PLEASE CALL THE ROLL? 3 00:00:33,199 --> 00:00:34,567 >> COUNCILMEMBER HOLLINGSWORTH. 4 00:00:34,567 --> 00:00:35,201 COUNCILMEMBER KETTLE. 5 00:00:35,201 --> 00:00:35,635 >> HERE. 6 00:00:35,635 --> 00:00:36,202 >> COUNCILMEMBER NELSON. 7 00:00:36,202 --> 00:00:37,837 COUNCILMEMBER [ INAUDIBLE ] 8 00:00:37,837 --> 00:00:38,905 >> PRESENT. 9 00:00:38,905 --> 00:00:44,477 >> COUNCILMEMBER SAKA. 10 00:00:44,477 --> 00:00:45,211 COUNCILMEMBER SULLIVAN. AND 11 00:00:45,211 --> 00:00:45,979 CHAIR STRAUSS. FIVE PRESENT. 12 00:00:45,979 --> 00:00:47,914 >> THANK YOU, THOSE NOT PRESENT 13 00:00:47,914 --> 00:00:50,750 ARE EXCUSED UNTIL THEY ARRIVE. 14 00:00:50,750 --> 00:00:52,185 THE FOUR ITEMS WE HAVE ON THE 15 00:00:52,185 --> 00:00:53,887 AGENDA TODAY ARE ALL FOR 16 00:00:53,887 --> 00:00:57,357 BRIEFING AND DISCUSSION, AND SO 17 00:00:57,357 --> 00:00:58,858 WE ARE GOING TO TAKE AS MUCH 18 00:00:58,858 --> 00:01:05,999 TIME AS WE NEED TO TODAY TO 19 00:01:05,999 --> 00:01:06,866 DISCUSS THE UNDERLYING ELEMENTS 20 00:01:06,866 --> 00:01:07,901 OF THESE BILLS. THANK YOU 21 00:01:07,901 --> 00:01:08,435 COUNCILMEMBER SOLOMON FOR 22 00:01:08,435 --> 00:01:09,269 CANCELING THE LAND-USE COMMITTEE 23 00:01:09,269 --> 00:01:10,236 THIS AFTERNOON. I KNOW SOME 24 00:01:10,236 --> 00:01:12,739 FOLKS WILL HAVE HARD STOPS BUT 25 00:01:12,739 --> 00:01:14,240 WE ALSO DO NOT HAVE A COMMITTEE 26 00:01:14,240 --> 00:01:15,241 THIS AFTERNOON. THE FOUR ITEMS 27 00:01:15,241 --> 00:01:16,309 ON TODAY'S AGENDA ARE THE 28 00:01:16,309 --> 00:01:18,144 SHIELD INITIATIVE, THE 29 00:01:18,144 --> 00:01:18,978 LEGISLATION THAT WOULD MAKE 30 00:01:18,978 --> 00:01:21,281 ADJUSTMENTS TUBA CITY'S E AND O 31 00:01:21,281 --> 00:01:28,888 TAX, TWO ORDINANCES RELATING TO 32 00:01:28,888 --> 00:01:29,689 THE MIDYEAR SUPPLEMENTAL BUDGET. 33 00:01:29,689 --> 00:01:30,857 THE FIRST IS AN ORDINANCE 34 00:01:30,857 --> 00:01:31,891 ACCEPTING AND AUTHORIZING GRANT 35 00:01:31,891 --> 00:01:32,959 EXPENDITURES AND THE SECOND IS 36 00:01:32,959 --> 00:01:33,827 THE 2025 MIDYEAR SUPPLEMENTAL 37 00:01:33,827 --> 00:01:34,861 BUDGET ORDINANCE. WE ALSO HAVE 38 00:01:34,861 --> 00:01:38,965 AN ORDINANCE RELATING TO WORLD 39 00:01:38,965 --> 00:01:39,833 CUP APPROPRIATIONS, AND FINALLY 40 00:01:39,833 --> 00:01:40,867 AN ORDINANCE RELATING TO THE 41 00:01:40,867 --> 00:01:41,701 FINANCING OF HUMAN CAPITAL 42 00:01:41,701 --> 00:01:42,769 MANAGEMENT SYSTEMS PROJECT, MORE 43 00:01:42,769 --> 00:01:53,246 COMMONLY KNOWN AS WORKDAY. 44 00:01:53,780 --> 00:01:54,481 COUNCILMEMBER RIVERA IS NOW 45 00:01:54,481 --> 00:01:55,515 PRESENT. BEFORE WE BEGIN, IF 46 00:01:55,515 --> 00:01:56,516 THERE IS NO OBJECTION, THE 47 00:01:56,516 --> 00:01:57,517 AGENDA WILL BE ADOPTED. HEARING 48 00:01:57,517 --> 00:01:58,518 NO OBJECTION, THE AGENDA IS 49 00:01:58,518 --> 00:01:59,953 ADOPTED. WE NOW MOVE INTO THE 50 00:01:59,953 --> 00:02:00,787 HYBRID PUBLIC COMMENT PERIOD. 51 00:02:00,787 --> 00:02:01,821 PUBLIC COMMENTS SHOULD RELATE TO 52 00:02:01,821 --> 00:02:03,056 THE ITEMS ON TODAY'S AGENDA AND 53 00:02:03,056 --> 00:02:04,390 WITHIN THE PURVIEW OF THE SELECT 54 00:02:04,390 --> 00:02:05,492 COMMITTEE. HOW MANY FOLKS DO WE 55 00:02:05,492 --> 00:02:10,129 HAVE PHYSICALLY SIGNED UP TODAY? 56 00:02:10,263 --> 00:02:11,564 >> WE HAVE NINE REMOTE AND NINE 57 00:02:11,564 --> 00:02:16,803 IN PERSON. 58 00:02:16,803 --> 00:02:18,138 >> WONDERFUL. WE'LL START WITH 59 00:02:18,138 --> 00:02:19,305 THE IN PERSON SPEAKERS. I'M 60 00:02:19,305 --> 00:02:20,206 GOING TO CALL EVERYONE'S NAME, 61 00:02:20,206 --> 00:02:21,908 AND IF YOU COULD LINE UP SO WE 62 00:02:21,908 --> 00:02:22,909 COULD TAKE THROUGH THIS RAPIDLY, 63 00:02:22,909 --> 00:02:24,611 WITH 18 SIGNED UP WE WILL STILL 64 00:02:24,611 --> 00:02:29,048 STAY WITH TWO MINUTES. THAT DOES 65 00:02:29,048 --> 00:02:32,519 MEAN WE'LL EXCEED THE 20 MINUTE 66 00:02:32,519 --> 00:02:33,720 ALLOTTED TIME AND WE'LL MOVE 67 00:02:33,720 --> 00:02:40,226 FORWARD. SO WITH THAT WE HAVE 68 00:02:40,226 --> 00:02:41,060 RACHEL SNELL, EUGENE WASSERMAN, 69 00:02:41,060 --> 00:02:41,861 HALLIE WILLIS, BLAKE GARFIELD, 70 00:02:41,861 --> 00:02:43,363 JASON AUSTIN, DENNIS SILLS, 71 00:02:43,363 --> 00:02:47,800 ANISHA ZANE, MARTHA KIDNEY, AND 72 00:02:47,800 --> 00:02:48,635 LILLIE HAYWARD. RACHEL, WELCOME? 73 00:02:48,768 --> 00:02:54,541 >> CAN YOU HEAR ME OKAY? 74 00:02:54,541 --> 00:02:55,608 >> YES . 75 00:02:55,608 --> 00:02:56,609 >> PERFECT. ALL RIGHT. GOOD 76 00:02:56,609 --> 00:02:57,443 MORNING CHAIR STRAUSS AND 77 00:02:57,443 --> 00:02:58,745 MEMBERS OF THE COMMITTEE. I NAME 78 00:02:58,745 --> 00:03:03,449 IS RACHEL SNELL TESTIFYING 79 00:03:03,449 --> 00:03:04,551 STRONGLY IN FAVOR OF THE SEATTLE 80 00:03:04,551 --> 00:03:05,618 SHIELD INITIATIVE. IN A TIME 81 00:03:05,618 --> 00:03:09,022 WHERE OUR FEDERAL GOVERNMENT IS 82 00:03:09,022 --> 00:03:10,290 GIVING US MASSIVE CUTS, NOW MORE 83 00:03:10,290 --> 00:03:13,159 THAN EVER IT IS CRITICAL TO 84 00:03:13,159 --> 00:03:13,993 SUPPORT RECURSIVE REVENUE. NOW 85 00:03:13,993 --> 00:03:15,261 MORE THAN EVER IT'S CRITICAL TO 86 00:03:15,261 --> 00:03:16,095 PROVIDE AID TO HARD-WORKING 87 00:03:16,095 --> 00:03:21,100 SEATTLEITES AND SMALL BUSINESSES 88 00:03:21,100 --> 00:03:22,468 IN ORDER TO CREATE A ROBUST CITY 89 00:03:22,468 --> 00:03:32,345 FOR ALL TO THRIVE. AND THANK YOU 90 00:03:32,345 --> 00:03:33,613 COUNCILMEMBER RINK FOR YOUR 91 00:03:33,613 --> 00:03:34,547 TIRELESS LEADERSHIP IN THIS 92 00:03:34,547 --> 00:03:35,448 INITIATIVE. THANK YOU SO MUCH. 93 00:03:35,448 --> 00:03:36,482 >> THANK YOU. FOLLOWING RACHEL 94 00:03:36,482 --> 00:03:37,450 IS EUGENE WASSERMAN, EITHER 95 00:03:37,450 --> 00:03:38,217 MICROPHONE, FOLLOWED BY HALEY 96 00:03:38,217 --> 00:03:38,518 WILSON -- 97 00:03:38,518 --> 00:03:43,957 >> [ INAUDIBLE ] 98 00:03:43,957 --> 00:03:46,793 >> THE BOX NEXT TO YOU WHICH 99 00:03:46,793 --> 00:03:47,627 SAYS PLEASE PLACE HERE. 100 00:03:47,627 --> 00:03:48,661 >> HI, I'M EUGENE WASSERMAN. 101 00:03:48,661 --> 00:03:49,896 I'M HERE TODAY SPEAKING AS AN 102 00:03:49,896 --> 00:03:50,930 INDIVIDUAL. NORMALLY I COME AND 103 00:03:50,930 --> 00:03:51,931 SPEAK FOR MY ORGANIZATION, NORTH 104 00:03:51,931 --> 00:03:52,599 SEATTLE INDUSTRIAL ASSOCIATION, 105 00:03:52,599 --> 00:03:57,604 BUT WE HAVE HAD NOT ENOUGH TIME 106 00:03:57,604 --> 00:03:58,605 OR INFORMATION TO REVIEW THIS 107 00:03:58,605 --> 00:03:59,806 PROPOSAL. SO I'LL TELL YOU WHAT 108 00:03:59,806 --> 00:04:01,241 I COME UP WITH. MOST OF THE 109 00:04:01,241 --> 00:04:02,308 MARITIME COMMUNITY WILL BE HIT 110 00:04:02,308 --> 00:04:03,509 WITH THIS TAX. WHEN PEOPLE IN 111 00:04:03,509 --> 00:04:05,011 THE INDUSTRY ARE HAVING A LOT OF 112 00:04:05,011 --> 00:04:09,215 PROBLEMS WITH TARIFFS AND ONE 113 00:04:09,215 --> 00:04:10,817 DAY THE PORT IS FULL, NEXT DAY 114 00:04:10,817 --> 00:04:11,985 IT'S EMPTY. THERE'S A LOT OF 115 00:04:11,985 --> 00:04:12,785 COMPETITION FROM THE RUSSIAN 116 00:04:12,785 --> 00:04:13,886 FISHING INDUSTRY. THIS WOULD NOT 117 00:04:13,886 --> 00:04:20,693 BE A GOOD TIME TO DO IT. I LEFT 118 00:04:20,693 --> 00:04:22,128 YOU THIS, WHICH IS FROM ONE OF 119 00:04:22,128 --> 00:04:23,296 YOUR PACKETS IN COUNCIL. THIS 120 00:04:23,296 --> 00:04:24,764 SHOWS YOU HOW OUT OF WHACK YOUR 121 00:04:24,764 --> 00:04:26,866 BE ENDO TAXES WOULD BE TO THE 122 00:04:26,866 --> 00:04:28,568 REST OF THE REGION, AND RIGHT 123 00:04:28,568 --> 00:04:31,004 NOW SEATTLE'S NOT DOING A LOT 124 00:04:31,004 --> 00:04:32,672 ECONOMICALLY. GO IT DOESN'T 125 00:04:32,672 --> 00:04:36,075 SEEM LIKE IT'S PIERCED THIS 126 00:04:36,075 --> 00:04:39,112 AREA OF CITY HALL BUT THAT'S, I 127 00:04:39,112 --> 00:04:42,248 THINK BECAUSE YOU'RE DOING TOO 128 00:04:42,248 --> 00:04:49,055 MUCH [ INAUDIBLE ] STUFF, 129 00:04:49,055 --> 00:04:49,689 CREATING UNEMPLOYMENT NUMBERS 130 00:04:49,689 --> 00:04:50,857 THAT I DON'T THINK WILL EVER 131 00:04:50,857 --> 00:04:52,091 HAPPEN. BUT WE ARE AT A 132 00:04:52,091 --> 00:04:52,825 COMPETITIVE DISADVANTAGE IN THE 133 00:04:52,825 --> 00:04:54,360 CITY, AND THIS WILL NOT HELP IT. 134 00:04:54,360 --> 00:04:56,396 THIS IS -- BUSINESSES, I'VE 135 00:04:56,396 --> 00:04:57,430 LOST FIVE MAJOR BUSINESSES IN 136 00:04:57,430 --> 00:05:04,804 THE LAST FOUR OR FIVE YEARS AND 137 00:05:04,804 --> 00:05:05,938 THREE OF THEM ARE UNION. THREE 138 00:05:05,938 --> 00:05:07,407 OF THEM ARE UNION. I LOST FOUR, 139 00:05:07,407 --> 00:05:15,081 AND ONE OF THEM WAS NONUNION. SO 140 00:05:15,081 --> 00:05:16,516 THEY JUST LEFT THE AREA. I KNOW 141 00:05:16,516 --> 00:05:17,116 OTHER BUSINESSES ARE 142 00:05:17,116 --> 00:05:17,984 CONTEMPLATING LEAVING THE AREA, 143 00:05:17,984 --> 00:05:19,085 AND PASSING THINGS LIKE THIS, 144 00:05:19,085 --> 00:05:20,553 I'M NOT GOING TO SAY THIS IS 145 00:05:20,553 --> 00:05:21,888 THE FINAL WORD FOR THEM BUT IT 146 00:05:21,888 --> 00:05:22,822 JUST INDICATES HOW ANTIBUSINESS 147 00:05:22,822 --> 00:05:24,357 THE CITY IS TO THEM, NOT TO ME. 148 00:05:24,357 --> 00:05:25,792 I MUST SAY AT THIS POINT THE 149 00:05:25,792 --> 00:05:27,226 CITY HAS MADE A LOT OF PROGRESS 150 00:05:27,226 --> 00:05:29,362 IN THE LAST SEVERAL YEARS. 151 00:05:29,362 --> 00:05:30,530 THINGS ARE GETTING A LOT BETTER 152 00:05:30,530 --> 00:05:33,866 BUT THINGS ARE STILL NOT GOOD. 153 00:05:33,866 --> 00:05:35,068 OUR MEMBERS STILL CARRY GUNS TO 154 00:05:35,068 --> 00:05:38,438 PROTECT THEMSELVES AND DOWNTOWN 155 00:05:38,438 --> 00:05:39,639 IS VACANT, [ INAUDIBLE ] 31%, 156 00:05:39,639 --> 00:05:41,007 WHICH IS ONE OF THE HIGHEST IN 157 00:05:41,007 --> 00:05:41,708 THE COUNTRY. 158 00:05:41,708 --> 00:05:43,142 >> THANK YOU. UP NEXT IS HALEY 159 00:05:43,142 --> 00:05:45,378 WILL IS FOLLOWED BY BLAKE 160 00:05:45,378 --> 00:05:50,983 GARFIELD AND JASON AUSTIN. 161 00:05:50,983 --> 00:05:59,559 WELCOME HALEY. HALLIE, SORRY. 162 00:05:59,559 --> 00:06:00,460 >> AT EVENING COUNCILMEMBER'S, 163 00:06:00,460 --> 00:06:01,928 MY NAME IS HALLIE WILLIS AND I 164 00:06:01,928 --> 00:06:02,829 AM THE POLICY MANAGER FOR THE 165 00:06:02,829 --> 00:06:03,896 SEATTLE KING COUNTY COALITION ON 166 00:06:03,896 --> 00:06:04,964 HOMELESSNESS, AND I LIVE IN 167 00:06:04,964 --> 00:06:06,165 DISTRICT 5. I'M HERE TO SUPPORT 168 00:06:06,165 --> 00:06:07,200 COUNCIL MEMBER RINCK AND MAYOR 169 00:06:07,200 --> 00:06:08,935 HERR L'S OPPOSED B AND O TAX 170 00:06:08,935 --> 00:06:10,136 REFORM THAT WOULD HELP DETECT 171 00:06:10,136 --> 00:06:10,903 ESSENTIAL SERVICES LIKE HOUSING 172 00:06:10,903 --> 00:06:11,938 AND SHELTER FROM LOCAL AND 173 00:06:11,938 --> 00:06:15,508 FEDERAL BUDGET CUTS. THE $90 174 00:06:15,508 --> 00:06:16,476 MILLION THIS TAX WILL RAISE 175 00:06:16,476 --> 00:06:17,543 EVERY YEAR IS ESSENTIAL AND 176 00:06:17,543 --> 00:06:18,411 COUNCIL SHOULD SEND THIS 177 00:06:18,411 --> 00:06:19,479 PROPOSAL TO THE VOTERS. BUT 178 00:06:19,479 --> 00:06:20,413 IT'S NOT ENOUGH. SETTING ASIDE 179 00:06:20,413 --> 00:06:21,881 MASSIVE FEDERAL CUTS, WE HAVE A 180 00:06:21,881 --> 00:06:22,915 $240 MILLION BUDGET DEFICIT OF 181 00:06:22,915 --> 00:06:25,218 OUR OWN CREATION. THIS BUDGET 182 00:06:25,218 --> 00:06:31,124 DEFICIT WILL ONLY GET WORSE 183 00:06:31,124 --> 00:06:32,058 WITHOUT PERMANENT , NEW, 184 00:06:32,058 --> 00:06:32,959 PROGRESSIVE REVENUE SOURCES. THE 185 00:06:32,959 --> 00:06:33,926 COUNCIL NEEDS TO PASS ADDITIONAL 186 00:06:33,926 --> 00:06:35,394 LONG-TERM PROGRESS OF REVENUE 187 00:06:35,394 --> 00:06:36,596 THIS YEAR AND IN THE COMING 188 00:06:36,596 --> 00:06:37,864 YEARS, TO MAKE SURE THAT SEATTLE 189 00:06:37,864 --> 00:06:43,803 RESIDENTS HAVE FOOD TO EAT AND A 190 00:06:43,803 --> 00:06:45,004 SAFE PLACE TO SLEEP AT NIGHT. 191 00:06:45,004 --> 00:06:45,805 THROUGH THIS CURRENT FEDERAL 192 00:06:45,805 --> 00:06:46,539 ADMINISTRATION AND BEYOND. 193 00:06:46,539 --> 00:06:49,342 PLEASE SEND THIS PROPOSAL TO THE 194 00:06:49,342 --> 00:06:50,176 VOTERS AND PASS ADDITIONAL 195 00:06:50,176 --> 00:06:52,478 LONG-TERM PROGRESSIVE REVENUE 196 00:06:52,478 --> 00:06:53,312 THIS YEAR. THANK YOU. 197 00:06:53,312 --> 00:06:54,614 >> UP NEXT IS BLAKE BRUMFIELD 198 00:06:54,614 --> 00:06:56,182 FOLLOWED BY JASON AUSTIN AND 199 00:06:56,182 --> 00:06:57,316 DENNIS [ INAUDIBLE ]. GOOD 200 00:06:57,316 --> 00:06:57,683 MORNING, BLAKE. 201 00:06:57,683 --> 00:07:03,055 >> I'M BLAKE GARFIELD, MY 202 00:07:03,055 --> 00:07:04,123 FAMILY OWNS BEDROOMS AND MORE. 203 00:07:04,123 --> 00:07:05,425 IT'S A RETAIL STORE. IT'S BEEN 204 00:07:05,425 --> 00:07:15,968 THERE SINCE 1972. I'M ALSO ON 205 00:07:16,836 --> 00:07:17,937 THE BOARD FOR THE WASHINGTON 206 00:07:17,937 --> 00:07:18,604 RETAIL ASSOCIATION. I VOLUNTEER 207 00:07:18,604 --> 00:07:19,672 MY TIME PUTTING ON THE 208 00:07:19,672 --> 00:07:20,640 WALLINGFORD PARADE AND I WAS 209 00:07:20,640 --> 00:07:21,641 RECENTLY ELECTED THE PRESIDENT 210 00:07:21,641 --> 00:07:22,575 OF THE WALLINGFORD CHAMBER OF 211 00:07:22,575 --> 00:07:23,776 COMMERCE, WHICH IS MORE OF AN 212 00:07:23,776 --> 00:07:24,610 HONORARY TITLE, BECAUSE IT 213 00:07:24,610 --> 00:07:25,645 REALLY DOESN'T DO ANYTHING YET. 214 00:07:25,645 --> 00:07:26,913 BUT BEING A SMALL BUSINESS IN 215 00:07:26,913 --> 00:07:28,781 SEATTLE IS REALLY HARD AND WE 216 00:07:28,781 --> 00:07:30,082 HAVE 30 ISH EMPLOYEES AT ANY 217 00:07:30,082 --> 00:07:31,484 GIVEN TIME, OR A LITTLE BIT MORE 218 00:07:31,484 --> 00:07:32,952 THAN THAT. WE TRY AND DO THE 219 00:07:32,952 --> 00:07:38,858 RIGHT KIND OF EMPLOYER, WHERE WE 220 00:07:38,858 --> 00:07:40,426 HAVE FULL COLLEGE TUITION PAID 221 00:07:40,426 --> 00:07:41,594 FOR SOME OF THESE WORKING 222 00:07:41,594 --> 00:07:42,228 FULL-TIME FOR US, MEDICAL 223 00:07:42,228 --> 00:07:43,296 BENEFITS, AND THE JOB WHERE 224 00:07:43,296 --> 00:07:44,697 PEOPLE, IF THEY WORK FOR US FOR 225 00:07:44,697 --> 00:07:45,965 ABOUT FIVE YEARS, SHOULD BE ABLE 226 00:07:45,965 --> 00:07:47,400 TO OWN A HOME WHERE THEY'RE NOT 227 00:07:47,400 --> 00:07:48,468 COMMUTING FROM LACEY TO COME 228 00:07:48,468 --> 00:07:50,570 INTO WORK FOR US. AND WE GET IN 229 00:07:50,570 --> 00:07:52,004 THIS WEIRD SPOT WHERE WE ARE TOO 230 00:07:52,004 --> 00:07:53,473 BIG OF A BUSINESS TO NOT GET 231 00:07:53,473 --> 00:08:01,013 CAUGHT UP IN A TAX LIKE THIS BUT 232 00:08:01,013 --> 00:08:02,315 TOO SMALL FOR IT TO NOT HURT. 233 00:08:02,315 --> 00:08:03,349 DURING THE PANDEMIC WE HAD 234 00:08:03,349 --> 00:08:04,617 $180,000 OF DAMAGE DONE TO OUR 235 00:08:04,617 --> 00:08:06,953 BUILDING ON 45th AND WE GET NO 236 00:08:06,953 --> 00:08:07,920 RELIEF FROM THE CITY. WE 237 00:08:07,920 --> 00:08:08,754 WEREN'T GETTING SUPPORT ON 238 00:08:08,754 --> 00:08:09,989 THAT. AND HERE WE ARE BEING 239 00:08:09,989 --> 00:08:12,058 CAUGHT UP IN A TAX WHERE WE ARE 240 00:08:12,058 --> 00:08:19,265 NOT MAKING MONEY. OUR RENT PER 241 00:08:19,265 --> 00:08:20,700 HOUSE WAS GOING TO GO UP TO 242 00:08:20,700 --> 00:08:21,868 $50,000 PER MONTH TO HAVE A 243 00:08:21,868 --> 00:08:23,135 WAREHOUSE IN THE CITY OF SEATTLE 244 00:08:23,135 --> 00:08:24,403 IF WE RENEWED OUR LEASE, AND 245 00:08:24,403 --> 00:08:25,571 IT'S TOUGH TO TRY AND THREAD 246 00:08:25,571 --> 00:08:27,073 THE NEEDLE, TO BE THE RIGHT KIND 247 00:08:27,073 --> 00:08:32,144 OF EMPLOYER IN A CITY WHERE 248 00:08:32,144 --> 00:08:33,346 YOU'RE GETTING CAUGHT UP IN THE 249 00:08:33,346 --> 00:08:34,780 TAX, AND IT'S SO HARD TO FIND 250 00:08:34,780 --> 00:08:35,781 SOURCES FOR REVENUE. I EMPATHIZE 251 00:08:35,781 --> 00:08:36,616 WITH YOUR CHALLENGE BECAUSE 252 00:08:36,616 --> 00:08:38,017 WHERE ARE YOU GOING TO GO. I'M 253 00:08:38,017 --> 00:08:39,218 NOT A BIG ENOUGH BUSINESS TO 254 00:08:39,218 --> 00:08:40,686 THREATEN TO LEAVE THE CITY AND 255 00:08:40,686 --> 00:08:41,654 HAVE IT REALLY BE MEANINGFUL. IF 256 00:08:41,654 --> 00:08:43,723 YOU TAX ME, THIS IS TOUGH, AND 257 00:08:43,723 --> 00:08:45,157 SO, AND IF I WAS ONE EMPLOYER 258 00:08:45,157 --> 00:08:47,393 AND I HAD $7 MILLION OF REVENUE 259 00:08:47,393 --> 00:08:54,433 FOR ONE EMPLOYEE, YEAH, TAX THE 260 00:08:54,433 --> 00:08:56,002 OUT OF ME. I DESERVE TO PAY THE 261 00:08:56,002 --> 00:08:57,537 TAX BUT IT'S TOUGH WHEN WE ARE 262 00:08:57,537 --> 00:08:58,771 IN THIS SITUATION SO I REALLY 263 00:08:58,771 --> 00:08:59,772 HOPE THAT YOU REEVALUATE YOUR 264 00:08:59,772 --> 00:09:01,173 TAX BASED ON THE NUMBER OF 265 00:09:01,173 --> 00:09:02,008 EMPLOYEES, FOR THE RECORD. 266 00:09:02,008 --> 00:09:02,241 THANKS. 267 00:09:02,241 --> 00:09:03,442 >> THANK YOU, BLAKE PARKER UP 268 00:09:03,442 --> 00:09:04,443 NEXT IS JASON FOLLOWED DENNIS 269 00:09:04,443 --> 00:09:08,948 SILLS AND THEN FINISHES AIM. 270 00:09:08,948 --> 00:09:10,016 GOOD EVENING -- GOOD MORNING, 271 00:09:10,016 --> 00:09:10,249 JASON. 272 00:09:10,249 --> 00:09:16,622 >> GOOD MORNING. GOOD MORNING, 273 00:09:16,622 --> 00:09:17,623 COUNCILMEMBERS. MY NAME IS JASON 274 00:09:17,623 --> 00:09:18,591 AUSTIN, DISTRICT 2 RESIDENT, AND 275 00:09:18,591 --> 00:09:20,359 THE PROGRAM DIRECTOR WITH THE 276 00:09:20,359 --> 00:09:21,127 MEALS PARTNERSHIP COALITION. I 277 00:09:21,127 --> 00:09:22,528 AM HERE TODAY TO SPEAK IN FAVOR 278 00:09:22,528 --> 00:09:29,669 OF THE SHIELD SEATTLE B AND O 279 00:09:29,669 --> 00:09:31,003 TAX REFORM PROPOSAL. I WANT TO 280 00:09:31,003 --> 00:09:32,038 THANK BOTH MAYOR HERRELL AND 281 00:09:32,038 --> 00:09:32,772 COUNCIL MEMBER RINCK FOR 282 00:09:32,772 --> 00:09:35,074 CHAMPIONING THIS AND URGE THE 283 00:09:35,074 --> 00:09:36,142 FULL COUNCIL TO SUPPORT. THE 284 00:09:36,142 --> 00:09:37,376 MEMBERS OF MPC ARE THE FRONT 285 00:09:37,376 --> 00:09:38,544 LINE OF DEFENSE AGAINST HUNGER 286 00:09:38,544 --> 00:09:44,216 IN SEATTLE. OUR 45 MEMBER 287 00:09:44,216 --> 00:09:45,451 ORGANIZATIONS COLLECTIVELY 288 00:09:45,451 --> 00:09:46,519 PRODUCE OVER 4 MILLION MEALS, 289 00:09:46,519 --> 00:09:47,219 NUTRITIONALLY DENSE, CULTURALLY 290 00:09:47,219 --> 00:09:48,387 UPLIFTING, READY TO EAT FOOD FOR 291 00:09:48,387 --> 00:09:49,221 EVERYONE. OUR MEMBERS INCLUDE 292 00:09:49,221 --> 00:09:50,256 PROGRAMS SUCH AS THE SOUTHEAST 293 00:09:50,256 --> 00:09:58,364 SEATTLE SENIOR CENTER, STARTED 294 00:09:58,364 --> 00:09:59,031 SPEAKING NON-ENGLISH ] FIRST 295 00:09:59,031 --> 00:09:59,865 UNITED METHODIST CHURCH AND 296 00:09:59,865 --> 00:10:00,700 CULTIVATES HEALTH PART. EVERY 297 00:10:00,700 --> 00:10:01,567 SINGLE NEIGHBORHOOD IN SEATTLE 298 00:10:01,567 --> 00:10:02,868 CONTAINS AT LEAST ONE MPC IN 299 00:10:02,868 --> 00:10:03,736 MEMBER SUPPORTING EVERYONE IN 300 00:10:03,736 --> 00:10:04,937 THE CITY. IN 2024 SEATTLE MEAL 301 00:10:04,937 --> 00:10:06,906 PROGRAMS SO A DRAMATIC INCREASE 302 00:10:06,906 --> 00:10:07,807 IN DEMAND FROM THE PREVIOUS 303 00:10:07,807 --> 00:10:17,583 YEAR. PRELIMINARY DATA SUGGEST 304 00:10:17,583 --> 00:10:18,818 THAT 2025 WILL SEE EVEN GREATER 305 00:10:18,818 --> 00:10:20,119 NEED ACROSS THE CITY. WITH OUR 306 00:10:20,119 --> 00:10:20,853 HUNGER RELIEF SYSTEM ALREADY 307 00:10:20,853 --> 00:10:21,687 STRETCHED TO MAXIMUM CAPACITY, 308 00:10:21,687 --> 00:10:22,688 ANY REDUCTIONS IN FUNDING WILL 309 00:10:22,688 --> 00:10:24,190 PUT OUR CITY IN DANGER. TENS OF 310 00:10:24,190 --> 00:10:24,991 THOUSANDS OF SEATTLEITES ARE 311 00:10:24,991 --> 00:10:26,025 EXPECTED TO LOSE THEIR SNAPBACK 312 00:10:26,025 --> 00:10:27,259 BENEFITS AS A RESULT OF THE 313 00:10:27,259 --> 00:10:29,128 FEDERAL BUDGET. IF WE DO NOT 314 00:10:29,128 --> 00:10:30,396 TAKE STEPS NOW TO DEFEND OUR 315 00:10:30,396 --> 00:10:31,030 HUNGER RELIEF INFRASTRUCTURE, 316 00:10:31,030 --> 00:10:32,031 OUR MEMBERS WILL BE OVERWHELMED 317 00:10:32,031 --> 00:10:36,769 AND UNABLE TO RESPOND TO THE 318 00:10:36,769 --> 00:10:37,670 DRAMATIC INCREASE IN NEED. 319 00:10:37,670 --> 00:10:38,671 SHIELD SEATTLE IS A MEANINGFUL 320 00:10:38,671 --> 00:10:39,605 INVESTMENT IN PUBLIC SAFETY AND 321 00:10:39,605 --> 00:10:40,439 COMMUNITY WELL-BEING THAT WILL 322 00:10:40,439 --> 00:10:41,474 HELP EVERYONE WHETHER THE 323 00:10:41,474 --> 00:10:46,912 DIFFICULT YEARS THAT WE HAVE 324 00:10:46,912 --> 00:10:49,048 AHEAD . AGAIN, I WANT TO THANK 325 00:10:49,048 --> 00:10:50,082 THE MAYOR AND COUNCIL MEMBER 326 00:10:50,082 --> 00:10:50,883 RINCK FOR CHAMPIONING THIS 327 00:10:50,883 --> 00:10:51,984 PROPOSAL ENTERS THE FULL COUNCIL 328 00:10:51,984 --> 00:10:53,052 TO SUPPORT THIS BEAUTIFUL CITY. 329 00:10:53,052 --> 00:10:54,220 THANK YOU FOR YOUR TIME. 330 00:10:54,220 --> 00:10:55,654 >> THANK YOU. UP NEXT IS DENNIS 331 00:10:55,654 --> 00:11:04,864 SILLS FOLLOWED BY PHOENICIA ZANE 332 00:11:04,864 --> 00:11:05,798 AND MARGARET [ INAUDIBLE ]. 333 00:11:05,798 --> 00:11:06,799 >> GOOD MORNING CHAIRMAN STRAUSS 334 00:11:06,799 --> 00:11:07,833 AND COUNCILMEMBERS. MY NAME IS 335 00:11:07,833 --> 00:11:09,068 DENNIS SILLS, I WORK AT PUBLIC 336 00:11:09,068 --> 00:11:09,902 HOUSING. WE PROVIDE PERMANENT 337 00:11:09,902 --> 00:11:10,903 SUPPORT HOUSING TO MORE THAN 338 00:11:10,903 --> 00:11:11,737 1300 FORMERLY HOMELESS ADULTS. 339 00:11:11,737 --> 00:11:12,705 VERY GRATEFUL TO MAYOR HERRELL 340 00:11:12,705 --> 00:11:18,744 AND COUNCILMEMBER MERCEDES RINCK 341 00:11:18,744 --> 00:11:20,446 FOR WORKING ON THE B AND O TAX 342 00:11:20,446 --> 00:11:20,980 REFORM. PLYMOUTH HOUSING 343 00:11:20,980 --> 00:11:21,580 PROVIDES ON-SITE SERVICES 344 00:11:21,580 --> 00:11:23,215 INCLUDING CASE MANAGEMENT AND 345 00:11:23,215 --> 00:11:24,016 PROPERTY MANAGEMENT TO SUPPORT 346 00:11:24,016 --> 00:11:25,151 THE NEEDS OF FORMERLY HOMELESS 347 00:11:25,151 --> 00:11:28,654 RESIDENTS, INCLUDING MANY WITH 348 00:11:28,654 --> 00:11:29,321 DISABILITIES. THESE SERVICES ARE 349 00:11:29,321 --> 00:11:30,322 MADE POSSIBLE WITH SUPPORT FROM 350 00:11:30,322 --> 00:11:38,531 MANY GOVERNMENT FUNDERS . 351 00:11:38,531 --> 00:11:39,165 CHANGING CIRCUMSTANCES INCLUDE 352 00:11:39,165 --> 00:11:40,032 INFLATION AND FEDERAL POLICIES 353 00:11:40,032 --> 00:11:41,067 ARE ENDANGERING OUR ABILITY TO 354 00:11:41,067 --> 00:11:42,234 CONTINUE TO SERVE RESIDENTS AT A 355 00:11:42,234 --> 00:11:44,070 HIGH LEVEL. WE STRONGLY SUPPORT 356 00:11:44,070 --> 00:11:45,137 SENDING A REVENUE PROPOSAL TO 357 00:11:45,137 --> 00:11:50,443 THE VOTERS. THIS 90 MILLION 358 00:11:50,443 --> 00:11:51,744 PROPOSAL IS A CRUCIAL FIRST STEP 359 00:11:51,744 --> 00:11:53,112 BUT CANNOT BE AN ONLY STEP. WE 360 00:11:53,112 --> 00:11:54,380 ARE GRAPPLING WITH A $240 361 00:11:54,380 --> 00:11:54,914 MILLION STRUCTURAL BUDGET 362 00:11:54,914 --> 00:11:55,981 DEFICIT AND WE ARE BRACING FOR 363 00:11:55,981 --> 00:12:01,587 SIGNIFICANT FEDERAL CUTS THAT 364 00:12:01,587 --> 00:12:06,158 WILL UNDOUBTEDLY EXACERBATE OUR 365 00:12:06,158 --> 00:12:07,259 PROBLEM. TO TRULY SAFEGUARD OUR 366 00:12:07,259 --> 00:12:08,260 COMMUNITY AND ENSURE ALL SEATTLE 367 00:12:08,260 --> 00:12:09,695 RESIDENTS HAVE FOOD TO EAT AND A 368 00:12:09,695 --> 00:12:10,863 SAFE PLACE TO SLEEP AT NIGHT, 369 00:12:10,863 --> 00:12:11,864 THE COUNCIL MUST COMMIT TO 370 00:12:11,864 --> 00:12:17,303 PASSING LONG-TERM ADDITIONAL 371 00:12:17,303 --> 00:12:23,776 PROGRESSIVE REVENUE MEASURES IN 372 00:12:23,776 --> 00:12:25,044 YEARS TO COME. THIS PROPOSAL IS 373 00:12:25,044 --> 00:12:25,978 IMPERFECT BUT ADDRESSES THE 374 00:12:25,978 --> 00:12:26,512 CHALLENGES HUMAN SERVICE 375 00:12:26,512 --> 00:12:27,480 PROVIDERS ARE FACING NOW. WE 376 00:12:27,480 --> 00:12:28,681 WOULD LIKE TO SEE THIS PROPOSAL 377 00:12:28,681 --> 00:12:29,682 PROVIDE DEDICATED SUPPORT TO THE 378 00:12:29,682 --> 00:12:30,883 OFFICE OF HOUSING AND PROVIDERS 379 00:12:30,883 --> 00:12:31,984 ACROSS THE CITY. WE ALSO WOULD 380 00:12:31,984 --> 00:12:33,152 LIKE TO SEE THE PROPOSAL INCLUDE 381 00:12:33,152 --> 00:12:35,855 A REMOVAL OF THE PROPOSED FOUR 382 00:12:35,855 --> 00:12:37,056 YEAR SUNSET TO PROVIDE A MORE 383 00:12:37,056 --> 00:12:37,890 STABLE FUNDING FOR SEATTLE'S 384 00:12:37,890 --> 00:12:39,325 FUTURE. WE URGE YOU TO PASS THIS 385 00:12:39,325 --> 00:12:41,994 PROPOSAL AND CONTINUE WORKING 386 00:12:41,994 --> 00:12:42,895 TOWARDS PROGRESSIVE [ INAUDIBLE 387 00:12:42,895 --> 00:12:43,596 ]. THANK YOU. 388 00:12:43,596 --> 00:12:44,663 >> NEXT IS PHOENICIA FOLLOWED BY 389 00:12:44,663 --> 00:12:48,334 MARTY AND WILLIE AND WE'LL 390 00:12:48,334 --> 00:12:49,335 TRANSFER TO CALL IN, VIRTUAL 391 00:12:49,335 --> 00:12:50,736 PUBLIC COMMENTERS, SO IF YOU ARE 392 00:12:50,736 --> 00:12:51,770 CALLED IN YOU'VE GOT ABOUT SIX 393 00:12:51,770 --> 00:12:52,037 MINUTES. 394 00:12:52,037 --> 00:12:52,805 >> GOOD MORNING COUNCILMEMBERS. 395 00:12:52,805 --> 00:13:00,646 MY NAME IS PHOENIX JOHN. I'M 396 00:13:00,646 --> 00:13:01,614 THE POLICY SPECIALIST AT SOLID 397 00:13:01,614 --> 00:13:02,882 GROUND. AND ALSO ONE OF THE 398 00:13:02,882 --> 00:13:03,883 COCHAIRS OF THE BUDGET TASK 399 00:13:03,883 --> 00:13:09,455 FORCE FOR SEATTLE SERVICES 400 00:13:09,455 --> 00:13:10,456 COALITION AND WE'D LIKE TO 401 00:13:10,456 --> 00:13:11,257 START OFF BY THANKING 402 00:13:11,257 --> 00:13:12,057 COUNCILMEMBER RINCK AND THE 403 00:13:12,057 --> 00:13:13,092 MAYOR FOR REDUCING THE STRUCTURE 404 00:13:13,092 --> 00:13:14,527 OF THE B AND O TAX, WHICH 405 00:13:14,527 --> 00:13:15,361 SIMULTANEOUSLY PROTECTS AGAINST 406 00:13:15,361 --> 00:13:16,495 DEEP CUTS TO HOMELESSNESS AND 407 00:13:16,495 --> 00:13:22,034 HUMAN SERVICES WHILE ALSO 408 00:13:22,034 --> 00:13:23,269 PROVIDING SOME WAY TO ALLEVIATE 409 00:13:23,269 --> 00:13:24,136 PRESSURE ON SMALL BUSINESSES. SO 410 00:13:24,136 --> 00:13:25,571 I'M SURE MANY OF YOU HAVE HEARD 411 00:13:25,571 --> 00:13:26,405 TIRELESSLY FROM ADVOCATES LIKE 412 00:13:26,405 --> 00:13:27,439 US AND FROM SERVICE PROVIDERS 413 00:13:27,439 --> 00:13:28,874 ABOUT A REAL NEED FOR THE CITY 414 00:13:28,874 --> 00:13:29,875 TO IDENTIFY MORE REVENUE, AND 415 00:13:29,875 --> 00:13:31,310 YOU ALL TODAY ARE GOING TO BE 416 00:13:31,310 --> 00:13:33,212 BRIEFED ON ONE OF THOSE TOOLS. 417 00:13:33,212 --> 00:13:34,647 AND YOU KNOW, LOTS OF FOLKS HAVE 418 00:13:34,647 --> 00:13:37,483 TALKED ABOUT HOW THIS HAS NEVER 419 00:13:37,483 --> 00:13:38,918 BEEN -- THE NEED HAS NEVER BEEN 420 00:13:38,918 --> 00:13:39,919 MORE ACUTE WITH THE FEDERAL 421 00:13:39,919 --> 00:13:45,157 GOVERNMENT'S DEFUNDING OF 422 00:13:45,157 --> 00:13:46,892 MEDICAID, S.N.A.P. AND HOUSING 423 00:13:46,892 --> 00:13:47,760 SERVICES. JUST SOME EXAMPLES 424 00:13:47,760 --> 00:13:49,261 FROM SOLID GROUND ON SOME OF THE 425 00:13:49,261 --> 00:13:50,396 SERVICES THAT THE CITY STANDS TO 426 00:13:50,396 --> 00:13:54,934 LOSE WITH FEDERAL CUTS, INCLUDE 427 00:13:54,934 --> 00:13:55,801 OUR RAPID REHOUSING PROGRAM. SO 428 00:13:55,801 --> 00:13:56,535 SOLID GROUND RECEIVES CONTINUING 429 00:13:56,535 --> 00:14:00,406 MONTHLY CARE DOLLARS FROM THE 430 00:14:00,406 --> 00:14:01,373 HUD, WHICH HELPS HUNDREDS OF 431 00:14:01,373 --> 00:14:02,274 FAMILIES AVOID HOMELESSNESS BY 432 00:14:02,274 --> 00:14:04,243 GIVING THEM QUICKLY INTO 433 00:14:04,243 --> 00:14:05,077 HOUSING, WITH MOVING COSTS, 434 00:14:05,077 --> 00:14:10,115 HELPING PAY FOR SECURITY 435 00:14:10,115 --> 00:14:10,950 DEPOSITS. ANOTHER PROGRAM AT 436 00:14:10,950 --> 00:14:12,084 RISK IS OUR COMMUNITY FOOD 437 00:14:12,084 --> 00:14:13,953 EDUCATION PROGRAM, WHICH HELPS 438 00:14:13,953 --> 00:14:14,854 FOOD INSECURE YOUTH AND FAMILIES 439 00:14:14,854 --> 00:14:20,926 ACROSS THE CITY GAIN SKILLS TO 440 00:14:20,926 --> 00:14:22,294 COOK AND SHOP AND EAT ON LOW 441 00:14:22,294 --> 00:14:23,329 BUDGETS, AND THEIR RECENT BUDGET 442 00:14:23,329 --> 00:14:27,800 THAT THE CONGRESS JUST PASSED 443 00:14:27,800 --> 00:14:28,934 INCLUDES A TOTAL ELIMINATION OF 444 00:14:28,934 --> 00:14:30,102 THIS FUNDING SOURCE, WHICH IS 445 00:14:30,102 --> 00:14:30,703 FUNDED THROUGH S.N.A.P.. AND 446 00:14:30,703 --> 00:14:32,037 THIS FUNDING SOURCE IS ABOUT 30% 447 00:14:32,037 --> 00:14:33,505 OF THIS PROGRAM 'S BUDGET. SO 448 00:14:33,505 --> 00:14:34,940 JUST AS AN EXAMPLE OF SOME OF 449 00:14:34,940 --> 00:14:40,646 THE REAL TANGIBLE CUTS THAT 450 00:14:40,646 --> 00:14:42,314 COULD BE COMING OUR WAY TO 451 00:14:42,314 --> 00:14:43,616 SERVICES IN OUR CITY, THIS 452 00:14:43,616 --> 00:14:44,583 PROPOSAL IN FRONT OF YOU COULD 453 00:14:44,583 --> 00:14:45,584 HELP SHIELD SERVICES LIKE THIS 454 00:14:45,584 --> 00:14:47,052 AND GIVE A TAX BREAK TO ABOUT 455 00:14:47,052 --> 00:14:48,120 90% OF SEATTLE BUSINESSES. SO 456 00:14:48,120 --> 00:14:52,424 THIS IS A GOOD, CREATIVE POLICY, 457 00:14:52,424 --> 00:14:53,592 AND WE REALLY ENCOURAGE YOU ALL 458 00:14:53,592 --> 00:14:54,760 TO APPROVE IT TO VOTERS AND 459 00:14:54,760 --> 00:14:55,594 PROVIDE ADDITIONAL REVENUE FOR 460 00:14:55,594 --> 00:14:56,662 THE CITY TO PREVENT AGAINST 461 00:14:56,662 --> 00:14:58,097 CUTS. THANK YOU ALL SO MUCH FOR 462 00:14:58,097 --> 00:14:59,365 YOUR CONSIDERATION. 463 00:14:59,365 --> 00:15:00,566 >> THANK YOU AND APOLOGIES FOR 464 00:15:00,566 --> 00:15:01,367 MISPRONOUNCING YOUR NAME. UP 465 00:15:01,367 --> 00:15:02,635 NEXT IS MARTA AND WILLIE AND 466 00:15:02,635 --> 00:15:05,271 THEN WE WILL TRANSFER ON TO 467 00:15:05,271 --> 00:15:05,971 ONLINE PUBLIC COMMENTERS 468 00:15:05,971 --> 00:15:09,608 STARTING WITH EMILY JOHNSON ON A 469 00:15:09,608 --> 00:15:10,743 RAINY BANNEKER AND THEN CAROLYN 470 00:15:10,743 --> 00:15:11,243 SANDERS LONDON. 471 00:15:11,243 --> 00:15:16,582 >> MY NAME IS MARTA KHURANA AND 472 00:15:16,582 --> 00:15:21,520 I AND THE COMMUNITY ENGAGEMENT 473 00:15:21,520 --> 00:15:22,521 EDITOR AT LOW INCOME HOUSING 474 00:15:22,521 --> 00:15:23,522 MANAGEMENT OR LEHIGH. LEHIGH IS 475 00:15:23,522 --> 00:15:24,323 A NONPROFIT AFFORDABLE HOUSING 476 00:15:24,323 --> 00:15:28,661 AND TINY HOUSE VILLAGE PROVIDER 477 00:15:28,661 --> 00:15:29,495 THAT SPECIALIZES IN CREATING 478 00:15:29,495 --> 00:15:30,496 PATHWAYS TO STABLE HOUSING FOR 479 00:15:30,496 --> 00:15:31,397 OUR UNFILTERED NEIGHBORS. I'M 480 00:15:31,397 --> 00:15:35,868 HERE TODAY IN SUPPORT OF THE 481 00:15:35,868 --> 00:15:36,735 CITY'S PROPOSED BUSINESS AND 482 00:15:36,735 --> 00:15:37,937 OCCUPATION B AND O TAX TO 483 00:15:37,937 --> 00:15:38,804 SUPPORT THE ADDITION OF 484 00:15:38,804 --> 00:15:47,246 LONG-TERM AND TO SUPPORT THE 485 00:15:47,246 --> 00:15:47,846 ADDITION OF LONG-TERM 486 00:15:47,846 --> 00:15:48,514 PROGRESSIVE TAX REVENUE. 487 00:15:48,514 --> 00:15:49,748 HOMELESSNESS IN SEATTLE IS AT A 488 00:15:49,748 --> 00:15:50,749 CRISIS LEVEL WITH THOUSANDS OF 489 00:15:50,749 --> 00:15:51,550 PEOPLE LIVING UNFILTERED. LAST 490 00:15:51,550 --> 00:15:52,618 YEAR 359 HOMELESS PEOPLE IN 491 00:15:52,618 --> 00:15:53,419 SEATTLE COUNTY DIED FROM 492 00:15:53,419 --> 00:15:56,255 EXPOSURE, OVERDOSES, SUICIDE AND 493 00:15:56,255 --> 00:15:57,256 VIOLENCE. LEHIGH WOULD LIKE TO 494 00:15:57,256 --> 00:15:58,223 COMMEND THE CITY OF SEATTLE 495 00:15:58,223 --> 00:16:08,367 COUNCIL FOR TAKING THIS STEP TO 496 00:16:08,367 --> 00:16:09,635 INCREASE REVENUE FOR HOUSING, 497 00:16:09,635 --> 00:16:10,636 SHELTER AND HUMAN SERVICES. THIS 498 00:16:10,636 --> 00:16:11,870 TAX WILL BE PIVOTAL IN REDUCING 499 00:16:11,870 --> 00:16:12,938 CUTS TO PROGRAMS IMPORTANT TO 500 00:16:12,938 --> 00:16:13,539 THE SEATTLE COMMUNITY. 501 00:16:13,539 --> 00:16:18,677 UNFORTUNATELY THIS TAX ALONE 502 00:16:18,677 --> 00:16:19,645 WILL NOT RESOLVE SEATTLE'S $250 503 00:16:19,645 --> 00:16:20,412 MILLION BUDGET DEFICIT IN 504 00:16:20,412 --> 00:16:21,680 ADDITION TO THE FEDERAL CUTS TO 505 00:16:21,680 --> 00:16:22,481 COME. WE NEED ADDITIONAL 506 00:16:22,481 --> 00:16:23,248 PROGRESSIVE REVENUE TO PROTECT 507 00:16:23,248 --> 00:16:25,351 COMMUNITY MEMBERS FROM AN 508 00:16:25,351 --> 00:16:26,385 UNCERTAIN FUTURE. THE NUMBER OF 509 00:16:26,385 --> 00:16:27,386 SHELTER BEDS AND TINY HOUSE 510 00:16:27,386 --> 00:16:28,354 VILLAGES MUST BE EXPENDED TO 511 00:16:28,354 --> 00:16:35,594 SUPPORT OUR COMMUNITY'S NEEDS. 512 00:16:35,594 --> 00:16:36,395 FOOD BANKS, HOUSING PROVIDERS, 513 00:16:36,395 --> 00:16:37,363 CLINICS, SHOP CARE PROVIDERS AND 514 00:16:37,363 --> 00:16:38,364 HUMAN SERVICE PROVIDERS AS A 515 00:16:38,364 --> 00:16:39,365 WHOLE ARE FACING HARSH FUNDING 516 00:16:39,365 --> 00:16:40,432 LOSSES THAT WILL RICOCHET ACROSS 517 00:16:40,432 --> 00:16:48,207 THE REGION. NEW PERMANENT 518 00:16:48,207 --> 00:16:48,941 PROGRESSIVE REVENUE SOURCES ARE 519 00:16:48,941 --> 00:16:50,209 REQUIRED TO SAVE LIVES. THIS IS 520 00:16:50,209 --> 00:16:51,410 A FACT THAT MUST BE TAKEN 521 00:16:51,410 --> 00:16:52,544 SERIOUSLY AS THE LACK OF 522 00:16:52,544 --> 00:16:53,512 PREEMPTIVE PLANNING WILL LEAD TO 523 00:16:53,512 --> 00:16:54,113 CATASTROPHIC OUTCOMES. IN 524 00:16:54,113 --> 00:16:55,114 ALIGNMENT WITH OUR SEATTLE KING 525 00:16:55,114 --> 00:16:56,048 COUNTY COALITION ON HOMELESSNESS 526 00:16:56,048 --> 00:16:56,915 PARTNERS, WE ASK THAT THE 527 00:16:56,915 --> 00:16:57,916 COUNCIL ELIMINATE THE FOUR YEAR 528 00:16:57,916 --> 00:16:59,585 SUNSET ON THE B AND O TAX AND 529 00:16:59,585 --> 00:17:04,556 SEND THIS PROPOSAL TO SEATTLE 530 00:17:04,556 --> 00:17:05,758 VOTERS. THANK YOU TO THE COUNCIL 531 00:17:05,758 --> 00:17:07,026 FOR LISTENING TO THE VOICES OF 532 00:17:07,026 --> 00:17:08,127 COMMUNITY MEMBERS HERE TODAY AS 533 00:17:08,127 --> 00:17:18,670 WE REPRESENT NOT ONLY OURSELVES 534 00:17:19,238 --> 00:17:20,172 BUT THE MANY VULNERABLE 535 00:17:20,172 --> 00:17:20,806 POPULATIONS UNABLE TO ADVOCATE 536 00:17:20,806 --> 00:17:22,074 FOR THEMSELVES. WE ARE ALL IN 537 00:17:22,074 --> 00:17:22,875 THIS TOGETHER. THANK YOU. 538 00:17:22,875 --> 00:17:24,042 >> THANK YOU VERY MUCH MARTA. 539 00:17:24,042 --> 00:17:25,477 NEXT IS LILY HAYWARD AND I SEE 540 00:17:25,477 --> 00:17:26,678 YOU ALSO SIGNED UP ONLINE AS 541 00:17:26,678 --> 00:17:27,913 WELL SO I'M GOING TO JUST 542 00:17:27,913 --> 00:17:28,547 CANCEL THAT ONE. 543 00:17:28,547 --> 00:17:31,450 >> I WANTED TO BOTH. JUST 544 00:17:31,450 --> 00:17:31,717 GETTING. 545 00:17:31,717 --> 00:17:32,651 >> TO COLLEAGUES PER PERSON 546 00:17:32,651 --> 00:17:33,852 ALTHOUGH I DID FORGET TO READ 547 00:17:33,852 --> 00:17:35,087 THE RULES OF PUBLIC COMMENT THIS 548 00:17:35,087 --> 00:17:36,288 MORNING BECAUSE I DID NOT TURN 549 00:17:36,288 --> 00:17:37,489 THE PAGE. I'M GLAD TO SEE 550 00:17:37,489 --> 00:17:38,490 EVERYONE IS ABIDING BY THE 551 00:17:38,490 --> 00:17:39,625 RULES. OVER TO YOU, LILY. 552 00:17:39,625 --> 00:17:47,266 >> THANK YOU VERY MUCH, MORNING 553 00:17:47,266 --> 00:17:48,100 CHAIR STRAUSS AND COMMITTEE 554 00:17:48,100 --> 00:17:49,368 MEMBERS. MY NAME IS LILY HAYWARD 555 00:17:49,368 --> 00:17:50,536 AND I'M HERE SPEAKING ON BEHALF 556 00:17:50,536 --> 00:17:51,737 OF THE 2500 MEMBERS OF THE 557 00:17:51,737 --> 00:17:52,704 SEATTLE METRO CHAMBER OF 558 00:17:52,704 --> 00:17:53,639 COMMERCE WITH CONCERNS ABOUT CD 559 00:17:53,639 --> 00:17:54,473 101-2108. WHILE WE SUPPORT 560 00:17:54,473 --> 00:17:55,040 INCREASING THE STANDARD 561 00:17:55,040 --> 00:17:56,208 ATTENTION TO $2 MILLION IN 562 00:17:56,208 --> 00:17:56,909 CREATING A STANDARD DEDUCTION, 563 00:17:56,909 --> 00:17:57,910 THE CHAMBER HAS ADVOCATED FOR 564 00:17:57,910 --> 00:17:58,911 THE SIMILAR RELIEF AND WE 565 00:17:58,911 --> 00:18:00,179 BELIEVE IT IS ESSENTIAL TO KEEP 566 00:18:00,179 --> 00:18:01,113 BUSINESSES OPEN, TO SPUR 567 00:18:01,113 --> 00:18:02,047 DEVELOPMENT, AND TO FILL EMPTY 568 00:18:02,047 --> 00:18:02,848 STOREFRONTS DOWNTOWN AND ACROSS 569 00:18:02,848 --> 00:18:04,049 THE CITY. WE OPPOSE DOING SO, 570 00:18:04,049 --> 00:18:05,484 HOWEVER, BY RAISING THE B AND O 571 00:18:05,484 --> 00:18:06,652 TAX ON OTHER BUSINESSES. MANY 572 00:18:06,652 --> 00:18:07,286 SMALL AND MEDIUM-SIZED 573 00:18:07,286 --> 00:18:08,353 BUSINESSES WITH GROSS SALES OVER 574 00:18:08,353 --> 00:18:13,926 THE PROPOSED EXEMPTION HAVE VERY 575 00:18:13,926 --> 00:18:15,294 SMALL MARGINS AND INCREASING 576 00:18:15,294 --> 00:18:16,495 TAXES ON THESE JOB CREATORS IS 577 00:18:16,495 --> 00:18:17,796 SIMPLY A BAD POLICY IDEA. YOU 578 00:18:17,796 --> 00:18:19,164 JUST HEARD FROM ONE OF THEM AND 579 00:18:19,164 --> 00:18:20,332 ABOUT THE IMPACTS THAT THE MANY 580 00:18:20,332 --> 00:18:21,333 CUMULATIVE TAXES THE CITY AND 581 00:18:21,333 --> 00:18:22,768 STATE IMPOSES CAN HAVE ON A 582 00:18:22,768 --> 00:18:23,602 SMALL BUSINESS HERE IN SEATTLE. 583 00:18:23,602 --> 00:18:25,037 AND JUST A MONTH AGO YOU ALL 584 00:18:25,037 --> 00:18:25,637 RECEIVED A PRESENTATION 585 00:18:25,637 --> 00:18:26,839 DELIVERED BY THE CITY ITSELF IN 586 00:18:26,839 --> 00:18:28,140 A JOINT MEETING WITH KING COUNTY 587 00:18:28,140 --> 00:18:29,174 THAT LAID OUT THE FACTS. 588 00:18:29,174 --> 00:18:32,010 REGIONAL EMPLOYMENT HAS 589 00:18:32,010 --> 00:18:32,811 DECLINED, ESPECIALLY IN SEATTLE. 590 00:18:32,811 --> 00:18:33,846 SEATTLE OFFICE VACANCY RATE IS 591 00:18:33,846 --> 00:18:36,515 ONE OF THE HIGHEST IN THE U.S.. 592 00:18:36,515 --> 00:18:37,316 CONSUMER SPENDING HAS DECLINED 593 00:18:37,316 --> 00:18:42,721 AND THERE ARE FEWER 594 00:18:42,721 --> 00:18:49,161 INTERNATIONAL VISITORS EXPECTED 595 00:18:49,161 --> 00:18:50,162 THIS YEAR. OF COURSE CHOICES 596 00:18:50,162 --> 00:18:51,096 MADE BY THE FEDERAL GOVERNMENT 597 00:18:51,096 --> 00:18:52,197 MAKE THESE CONDITIONS WORSE BUT 598 00:18:52,197 --> 00:18:53,165 IT'S IMPORTANT TO NOTE THAT 599 00:18:53,165 --> 00:18:54,800 JUST LAST YEAR B AND O WAS DOWN 600 00:18:54,800 --> 00:18:55,434 YEAR-OVER-YEAR. PET COLLECTIONS 601 00:18:55,434 --> 00:18:56,668 WERE DOWN AND THESE CONDITIONS 602 00:18:56,668 --> 00:18:57,703 HAPPEN WHEN THE ECONOMY WAS 603 00:18:57,703 --> 00:19:03,308 RELATIVELY GOOD COMPARED TO 604 00:19:03,308 --> 00:19:06,778 RIGHT NOW . AND NOT TO MENTION 605 00:19:06,778 --> 00:19:07,880 THAT THIS PROPOSAL COMES AFTER 606 00:19:07,880 --> 00:19:08,614 THE STATE LEGISLATURE JUST 607 00:19:08,614 --> 00:19:09,681 INCREASES TAXES TO THE LARGEST 608 00:19:09,681 --> 00:19:10,649 DEGREE IN OUR STATE'S HISTORY. 609 00:19:10,649 --> 00:19:11,884 SO WE ENCOURAGE YOU TO GIVE 610 00:19:11,884 --> 00:19:12,651 SMALL BUSINESSES THIS NEEDED 611 00:19:12,651 --> 00:19:15,521 RELIEF RIGHT NOW. THEY USE FUND 612 00:19:15,521 --> 00:19:16,955 BALANCE AND UNDER SPEND TO DO SO 613 00:19:16,955 --> 00:19:17,990 RATHER THAN RAISING TAXES ON 614 00:19:17,990 --> 00:19:18,624 SMALL AND MEDIUM-SIZED 615 00:19:18,624 --> 00:19:19,625 EMPLOYERS. THANK YOU VERY MUCH. 616 00:19:19,758 --> 00:19:20,859 >> THANK YOU, LILY. WE'LL NOW 617 00:19:20,859 --> 00:19:21,660 TRANSFER TO ONLINE PUBLIC 618 00:19:21,660 --> 00:19:22,661 COMMENTERS AND IF ANYONE WANTS 619 00:19:22,661 --> 00:19:24,163 TO SIGN UP IN PERSON, THEY ARE 620 00:19:24,163 --> 00:19:25,764 ABLE TO DO SO UNTIL THE END OF 621 00:19:25,764 --> 00:19:26,732 THE PUBLIC COMMENT PERIOD. I 622 00:19:26,732 --> 00:19:28,267 WILL READ THE IS JUST AS FOLKS 623 00:19:28,267 --> 00:19:38,810 ARE ONLINE. THE PUBLIC COMMENT 624 00:19:39,912 --> 00:19:41,346 PERIOD IS UP TO 20 MINUTES. 625 00:19:41,346 --> 00:19:42,347 SPEAKERS WILL BE CALLED IN THE 626 00:19:42,347 --> 00:19:43,315 ORDER IN WHICH THEY REGISTERED 627 00:19:43,315 --> 00:19:44,516 AND THEY WILL START WITH IN 628 00:19:44,516 --> 00:19:45,551 PERSON NOW TO VIRTUAL. SPEAKERS 629 00:19:45,551 --> 00:19:46,985 WILL HEAR A TIME WHEN 10 SECONDS 630 00:19:46,985 --> 00:19:48,186 ARE LEFT OF THEIR TIME. SEEING 631 00:19:48,186 --> 00:19:51,657 AS WE HAVE 8, POSSIBLY 9 MORE 632 00:19:51,657 --> 00:19:52,691 SPEAKERS, WE WILL EXCEED THE 633 00:19:52,691 --> 00:19:53,725 ALLOTTED 20 MINUTES. IF THERE'S 634 00:19:53,725 --> 00:19:54,693 NO OBJECTION I WILL EXTEND 635 00:19:54,693 --> 00:19:55,861 PUBLIC COMMENTS UNTIL WE HAVE 636 00:19:55,861 --> 00:20:01,300 COMPLETED ALL SPEAKERS. HEARING 637 00:20:01,300 --> 00:20:02,201 NO OBJECTION, WE'LL EXTEND 638 00:20:02,201 --> 00:20:03,201 PUBLIC COMMENTS UNTIL WE HAVE 639 00:20:03,201 --> 00:20:04,403 MOVED THROUGH ALL OF THE PUBLIC 640 00:20:04,403 --> 00:20:05,370 COMMENT SPEAKERS. UP NEXT IS 641 00:20:05,370 --> 00:20:13,145 EMILY JOHNSON FOLLOWED BY RANDY 642 00:20:13,145 --> 00:20:13,845 BANNEKER, CAROLYN SANDERS 643 00:20:13,845 --> 00:20:14,813 LUNDGREN, ENDER MOSS, WILL GRAY, 644 00:20:14,813 --> 00:20:15,747 ALBERTO ALVAREZ, KATE RUBIN, 645 00:20:15,747 --> 00:20:17,215 DAVID HAYNES. YOU ARE LAST TO BE 646 00:20:17,215 --> 00:20:21,620 SIGNED UP AND YOU ARE NOT 647 00:20:21,620 --> 00:20:22,888 PRESENT. CALL HIM NOW IF YOU'D 648 00:20:22,888 --> 00:20:23,855 LIKE TO COMMENT. EMILY JOHNSON, 649 00:20:23,855 --> 00:20:25,524 I SEE YOU ARE OFF MUTE. WHEN YOU 650 00:20:25,524 --> 00:20:26,525 ARE READY WE'LL START THE 651 00:20:26,525 --> 00:20:26,959 CLOCK. WELCOME. 652 00:20:26,959 --> 00:20:28,227 >> THANK YOU SO MUCH. GOOD 653 00:20:28,227 --> 00:20:29,061 MORNING COUNCILMEMBERS. MY NAME 654 00:20:29,061 --> 00:20:32,331 IS EMILY JOHNSON AND I'M 655 00:20:32,331 --> 00:20:33,432 PRESIDENT OF THE BOARD OF 656 00:20:33,432 --> 00:20:34,166 DIRECTORS OF THE HUNGER 657 00:20:34,166 --> 00:20:35,000 INTERVENTION PROGRAM, OR AS 658 00:20:35,000 --> 00:20:36,234 IT'S KNOWN, TIP. I'M ALSO A 659 00:20:36,234 --> 00:20:39,871 RESIDENT OF DISTRICT 4 POINT A 660 00:20:39,871 --> 00:20:41,106 PROUD MEMBER OF THE MEALS 661 00:20:41,106 --> 00:20:41,740 PARTNERSHIP COALITION AND I'M 662 00:20:41,740 --> 00:20:47,879 HERE TODAY TO SPEAK AND PART 663 00:20:47,879 --> 00:20:48,880 SUPPORT OF THE SEATTLE SHIELD 664 00:20:48,880 --> 00:20:50,215 PROPOSAL. I WANT TO THANK MAYOR 665 00:20:50,215 --> 00:20:50,949 HERRELL AND COUNCILMEMBER RINCK 666 00:20:50,949 --> 00:20:51,750 FOR CHAMPIONING THIS 667 00:20:51,750 --> 00:20:52,751 LEGISLATION. IT BUILDS COMMUNITY 668 00:20:52,751 --> 00:20:53,752 CONNECTION BY SECURING MEALS IN 669 00:20:53,752 --> 00:20:56,421 NORTH SEATTLE TO REMOVE 670 00:20:56,421 --> 00:20:57,089 VULNERABLE NEIGHBORS, LOW-INCOME 671 00:20:57,089 --> 00:21:00,525 SENIORS, PEOPLE EXPERIENCING 672 00:21:00,525 --> 00:21:01,360 HOMELESSNESS AND FAMILIES WITH 673 00:21:01,360 --> 00:21:02,361 CHILDREN. LAST YEAR ALONE HAVE 674 00:21:02,361 --> 00:21:05,731 SERVED MORE THAN 190,000 MEALS. 675 00:21:05,731 --> 00:21:06,865 I'D LIKE TO SHARE A QUICK 676 00:21:06,865 --> 00:21:07,899 SNAPSHOT OF OUR SENIOR MEALS 677 00:21:07,899 --> 00:21:08,834 PROGRAM WHICH OPERATES THREE 678 00:21:08,834 --> 00:21:11,036 DAYS A WEEK. WE SERVED MORE THAN 679 00:21:11,036 --> 00:21:12,037 30,000 MEALS IN THIS PROGRAM 680 00:21:12,037 --> 00:21:14,339 LAST YEAR AND I ENCOURAGE YOU TO 681 00:21:14,339 --> 00:21:16,108 IF YOU HAVEN'T ALREADY, YOU'LL 682 00:21:16,108 --> 00:21:17,175 SEE CONVERSATION AND CONNECTION 683 00:21:17,175 --> 00:21:22,514 AND FOR MANY OF THESE SENIORS 684 00:21:22,514 --> 00:21:23,548 THIS LUNCH IS THE HEALTHIEST 685 00:21:23,548 --> 00:21:24,816 MEAL THAT THEY'LL EAT ALL DAY 686 00:21:24,816 --> 00:21:25,817 AND OFTEN THE ONLY OPPORTUNITY 687 00:21:25,817 --> 00:21:27,886 TO ACCESS VITAL SOCIAL SERVICES. 688 00:21:27,886 --> 00:21:28,887 GO AS JASON MENTIONED EARLIER, 689 00:21:28,887 --> 00:21:38,530 MOST OF OUR FUNDS RELY ON 690 00:21:38,530 --> 00:21:39,498 FEDERAL PROGRAMS LIKE S.N.A.P. 691 00:21:39,498 --> 00:21:40,365 AND MEDICARE TO SURVIVE. WITH 692 00:21:40,365 --> 00:21:41,566 RECENT CUTS TO S.N.A.P. AND JUST 693 00:21:41,566 --> 00:21:42,567 TO PUBLIC HEALTHCARE WE ARE 694 00:21:42,567 --> 00:21:43,568 ALREADY SEEING MORE SENIORS COME 695 00:21:43,568 --> 00:21:47,539 TO OUR DOORS WHILE OUR BUDGET IS 696 00:21:47,539 --> 00:21:48,707 BEING STRETCHED TO THE LIMIT TO 697 00:21:48,707 --> 00:21:49,708 FILL THE NEED. THE RECENT 698 00:21:49,708 --> 00:21:50,709 UNCERTAINTY AND CUTS OF THE 699 00:21:50,709 --> 00:21:51,343 FEDERAL AMERICORPS PROGRAM 700 00:21:51,343 --> 00:21:54,813 RESUMING ONLY MADE IT HARDER TO 701 00:21:54,813 --> 00:21:55,881 CONTINUE TO RUN THOSE PROGRAMS 702 00:21:55,881 --> 00:21:56,948 AND WHILE CITY OF SEATTLE 703 00:21:56,948 --> 00:21:58,383 FUNDING IS JUST ONE PART OF OUR 704 00:21:58,383 --> 00:21:58,950 BUDGET, IT'S ABSOLUTELY 705 00:21:58,950 --> 00:22:04,389 CRITICAL. THE SHIELD SEATTLE 706 00:22:04,389 --> 00:22:06,825 PROGRAM PROPOSAL WOULD PROVIDE A 707 00:22:06,825 --> 00:22:07,626 PROGRESSIVE AND STABLE REVENUE 708 00:22:07,626 --> 00:22:08,694 STREAM THAT ALLOWS PROGRAMS LIKE 709 00:22:08,694 --> 00:22:09,728 HOURS TO RESPOND TO GROWING 710 00:22:09,728 --> 00:22:10,729 NEEDS IN OUR COMMUNITY WITHOUT 711 00:22:10,729 --> 00:22:14,966 TURNING PEOPLE AWAY. THIS IS A 712 00:22:14,966 --> 00:22:15,801 SMART INVESTMENT IN COMMUNITY 713 00:22:15,801 --> 00:22:16,802 WELL-BEING AND PUBLIC SAFETY AND 714 00:22:16,802 --> 00:22:18,236 I URGE THE FULL COUNCIL TO SEND 715 00:22:18,236 --> 00:22:19,304 THE SEATTLE VOTERS. LET'S MEET 716 00:22:19,304 --> 00:22:20,305 THIS CHALLENGING MOMENT WITH THE 717 00:22:20,305 --> 00:22:21,440 COMPASSIONATE LEADERSHIP IT A 718 00:22:21,440 --> 00:22:22,674 MAN'S. THANK YOU FOR YOUR TIME. 719 00:22:22,808 --> 00:22:24,076 >> THANK YOU. UP NEXT IS -- 720 00:22:24,076 --> 00:22:27,512 RANDY BANNEKER FOLLOWED BY 721 00:22:27,512 --> 00:22:28,413 CAROLYN SANDERS LUNDGREN AND 722 00:22:28,413 --> 00:22:29,614 THEN ENDER MOSS. RANDY, I SEE 723 00:22:29,614 --> 00:22:35,554 YOU'RE OFF. TAKE IT AWAY. WE'LL 724 00:22:35,554 --> 00:22:46,098 START THE CLOCK WHEN YOU START 725 00:22:47,032 --> 00:22:47,232 TALKING. 726 00:22:47,232 --> 00:22:48,333 >> VICE CHAIR RIVERA, MEMBERS OF 727 00:22:48,333 --> 00:22:49,501 THE COMMITTEE, THANK YOU FOR THE 728 00:22:49,501 --> 00:22:50,235 OPPORTUNITIES COMMENTS. I'M 729 00:22:50,235 --> 00:22:51,369 RANDY BANNEKER ON BEHALF OF THE 730 00:22:51,369 --> 00:22:52,337 SEATTLE KING COUNTY REALTORS. IN 731 00:22:52,337 --> 00:22:53,605 PLACING THE B AND O TAX 732 00:22:53,605 --> 00:22:54,806 THRESHOLD TO $2 MILLION IT'S A 733 00:22:54,806 --> 00:22:56,274 GREAT IDEA. IT CAN AND SHOULD BE 734 00:22:56,274 --> 00:22:57,509 DOWN WITHOUT THE PROPOSED 54% 735 00:22:57,509 --> 00:22:59,144 INCREASE TO B AND O TAX RATES ON 736 00:22:59,144 --> 00:23:03,014 BUSINESSES WITH REVENUE ABOVE $2 737 00:23:03,014 --> 00:23:04,249 MILLION. YOU CAN FUND IT WITH 738 00:23:04,249 --> 00:23:05,083 THE CITY'S GROWING PAYROLL 739 00:23:05,083 --> 00:23:06,151 EXPENSE TAX CASH BALANCE OR 740 00:23:06,151 --> 00:23:07,018 THROUGH THE NORMAL BUDGETING 741 00:23:07,018 --> 00:23:08,386 PROCESS. REMEMBER THE B AND O IS 742 00:23:08,386 --> 00:23:12,891 A TAX ON GROSS REVENUE, NOT 743 00:23:12,891 --> 00:23:13,692 PROFIT. GROCERY AND RESTAURANTS 744 00:23:13,692 --> 00:23:14,693 ARE PRIME EXAMPLES OF BUSINESSES 745 00:23:14,693 --> 00:23:15,894 WITH HIGH GROSS AND LOW PROFIT 746 00:23:15,894 --> 00:23:16,928 AFTER CERTAIN LABOR COSTS HAVE 747 00:23:16,928 --> 00:23:18,430 BEEN PAID. A GOOD RULE OF THUMB 748 00:23:18,430 --> 00:23:24,136 FOR ANYTHING, YOU WANT LESS OF, 749 00:23:24,136 --> 00:23:25,403 IS TO TAX IT. GROCERY AND 750 00:23:25,403 --> 00:23:26,104 RESTAURANTS ARE KEY TO 751 00:23:26,104 --> 00:23:27,139 SEATTLE'S HIGH QUALITY OF LIFE. 752 00:23:27,139 --> 00:23:28,573 WE DON'T WANT LESS OF THEM. AS 753 00:23:28,573 --> 00:23:29,574 THE COUNCIL CENTRAL STAFF MEMO 754 00:23:29,574 --> 00:23:30,642 POINTS OUT, THERE'S BEEN A 755 00:23:30,642 --> 00:23:31,643 BARRAGE OF NEW TAXES THAT 756 00:23:31,643 --> 00:23:40,786 ALREADY ROBUSTLY FUND THE GOALS 757 00:23:40,786 --> 00:23:42,254 OF THIS B AND O TAX INCREASE. 758 00:23:42,254 --> 00:23:43,455 THE PAYROLL IT'S BEEN STACKS OF 759 00:23:43,455 --> 00:23:44,456 2020, THE PAYROLL EXPENSE TAX 760 00:23:44,456 --> 00:23:45,490 INCREASE OF 2023, THE SOCIAL 761 00:23:45,490 --> 00:23:46,691 HOUSING TAX OF 2024 POINT IN 762 00:23:46,691 --> 00:23:47,592 ADDITION, VOTERS HAVE GENEROUSLY 763 00:23:47,592 --> 00:23:48,593 APPROVED MAJOR INCREASES IN THE 764 00:23:48,593 --> 00:23:54,466 HOUSING LEVY RENEWAL . IT GREW 765 00:23:54,466 --> 00:23:55,767 234% TO NEARLY $1 BILLION. THE 766 00:23:55,767 --> 00:23:56,501 TRANSPORTATION LEVY RENEWAL GREW 767 00:23:56,501 --> 00:23:57,569 67%, $1.55 BILLION AND THE 768 00:23:57,569 --> 00:23:58,503 PROPOSED FAMILIES AND EDUCATION 769 00:23:58,503 --> 00:23:59,604 LEVY RENEWAL IS GROWING 110% TO 770 00:23:59,604 --> 00:24:00,839 $1.3 BILLION. THERE IS NOT A 771 00:24:00,839 --> 00:24:02,040 REVENUE PROBLEM HERE. THERE IS A 772 00:24:02,040 --> 00:24:06,978 PROBLEM IN THE CONFRONTATIONAL 773 00:24:06,978 --> 00:24:07,979 MESSAGE WE ARE SENDING TO 774 00:24:07,979 --> 00:24:09,181 BUSINESS AT A TIME WHEN THE 775 00:24:09,181 --> 00:24:13,752 CITY'S OWN FORECAST OFFICE RUNS 776 00:24:13,752 --> 00:24:15,153 A 40% TO 50% CHANCE OF A 777 00:24:15,153 --> 00:24:16,154 NATIONAL RECESSION IN THE NEXT 778 00:24:16,154 --> 00:24:17,155 12 MONTHS. THE ECONOMY IS 779 00:24:17,155 --> 00:24:18,256 FRAGILE. BUSINESSES CAN MOVE OUT 780 00:24:18,256 --> 00:24:22,961 OF A BAD BUSINESS CLIMATE. LOOK 781 00:24:22,961 --> 00:24:23,762 AT AMAZON'S DEPARTURE FROM 782 00:24:23,762 --> 00:24:24,996 SEATTLE TO BELLEVUE. MANY OF OUR 783 00:24:24,996 --> 00:24:26,198 MEMBER REAL ESTATE FIRMS WILL BE 784 00:24:26,198 --> 00:24:27,699 HIT BY THIS 54% TAX INCREASE AND 785 00:24:27,699 --> 00:24:29,100 ALL OF OUR AND MEMBERS RELY ON 786 00:24:29,100 --> 00:24:29,901 THE HEALTHY BUSINESS CLIMATE 787 00:24:29,901 --> 00:24:31,803 WITH A STRONG JOB BASE AND 788 00:24:31,803 --> 00:24:32,404 PLENTIFUL EMPLOYMENT 789 00:24:32,404 --> 00:24:33,638 OPPORTUNITIES. DON'T MOVE THIS 790 00:24:33,638 --> 00:24:36,441 MEASURE TO THE BALLOT BUT STOP 791 00:24:36,441 --> 00:24:42,113 GIVING BUSINESSES A REASON TO 792 00:24:42,113 --> 00:24:52,390 LEAVE SEATTLE. 793 00:24:58,830 --> 00:25:00,131 >> THANK YOU, RANDY. UP NEXT IS 794 00:25:00,131 --> 00:25:01,166 CAROLYN FOLLOWED BY ENDER, THEN 795 00:25:01,166 --> 00:25:02,167 LAUREL GRAY, AND FOR ANYONE 796 00:25:02,167 --> 00:25:03,368 WHO'S JOINED US, IF YOU'D LIKE 797 00:25:03,368 --> 00:25:05,036 TO SIGN UP YOU CAN SIGN UP UNTIL 798 00:25:05,036 --> 00:25:06,037 PUBLIC COMMENT PERIOD IS CLOSED. 799 00:25:06,037 --> 00:25:07,339 CAROLYN, I SEE YOU ARE HERE. 800 00:25:07,339 --> 00:25:08,507 STAR SIX TO UNMUTE. THERE YOU 801 00:25:08,507 --> 00:25:09,774 ARE. TAKE IT AWAY WHEN YOU'RE 802 00:25:09,774 --> 00:25:10,008 READY. 803 00:25:10,008 --> 00:25:10,775 >> GOOD MORNING COUNCILMEMBERS. 804 00:25:10,775 --> 00:25:12,010 FOR THE RECORD MY NAME IS 805 00:25:12,010 --> 00:25:12,811 CAROLYN SANDERS LUNDGREN. I'M 806 00:25:12,811 --> 00:25:14,012 CALLING IN ON BEHALF OF [ 807 00:25:14,012 --> 00:25:15,547 INAUDIBLE ] ACTION IN SUPPORT OF 808 00:25:15,547 --> 00:25:16,381 THE SHIELD SEATTLE PROPOSAL. AT 809 00:25:16,381 --> 00:25:17,449 PDA WE PROVIDE PUBLIC HEALTH 810 00:25:17,449 --> 00:25:18,116 SOLUTIONS TO PUBLIC SAFETY 811 00:25:18,116 --> 00:25:18,950 CHALLENGES. THOSE CHALLENGES ARE 812 00:25:18,950 --> 00:25:19,951 GROWING, YES IN SEATTLE, BUT 813 00:25:19,951 --> 00:25:20,952 ALSO CITIES ACROSS THE COUNTRY 814 00:25:20,952 --> 00:25:22,187 AND WHAT'S MORE, THEY ARE NOW 815 00:25:22,187 --> 00:25:23,188 COMPOUNDED BY A NEW PUBLIC 816 00:25:23,188 --> 00:25:26,024 SAFETY THREAT, WHICH IS A 817 00:25:26,024 --> 00:25:26,858 FEDERAL RECONCILIATION BILL THAT 818 00:25:26,858 --> 00:25:27,893 BY DESIGN PUTS HEALTH AND 819 00:25:27,893 --> 00:25:28,894 SECURITY FURTHER OUT OF REACH 820 00:25:28,894 --> 00:25:30,095 FOR EVERY SINGLE MEMBER OF OUR 821 00:25:30,095 --> 00:25:30,896 COMMUNITY. THIS WILL BE 822 00:25:30,896 --> 00:25:31,763 STABILIZED. OUR HEALTH AND 823 00:25:31,763 --> 00:25:32,564 SAFETY ECOSYSTEM. EVERY MEMBER 824 00:25:32,564 --> 00:25:33,865 OF OUR COMMUNITY WILL FEEL THE 825 00:25:33,865 --> 00:25:34,966 EFFECTS OF THIS AND SO AGAINST 826 00:25:34,966 --> 00:25:40,772 THAT BACKGROUND WE COMMEND 827 00:25:40,772 --> 00:25:41,773 COUNCILMEMBER RINCK AND THE 828 00:25:41,773 --> 00:25:42,774 EXECUTIVE FOR TAKING WHAT I'M 829 00:25:42,774 --> 00:25:43,742 SURE FEELS LIKE A DIFFICULT 830 00:25:43,742 --> 00:25:45,176 ACTION, BUT IT'S ALSO ONE THAT 831 00:25:45,176 --> 00:25:46,811 WE CANNOT AFFORD TO DELAY WITH 832 00:25:46,811 --> 00:25:52,050 THE PROPOSED RESTRUCTURING OF 833 00:25:52,050 --> 00:25:53,551 OUR B AND O TAX. THIS IS A 834 00:25:53,551 --> 00:25:54,719 SIGNIFICANT FIRST STEP AND WE 835 00:25:54,719 --> 00:25:57,856 LOOK FORWARD TO COUNCIL SENDING 836 00:25:57,856 --> 00:25:59,357 THIS PROPOSAL TO THE VOTERS. I 837 00:25:59,357 --> 00:26:00,892 DO ALSO WANT TO TAKE A MOMENT TO 838 00:26:00,892 --> 00:26:01,893 SAY THAT SMALL BUSINESSES ARE 839 00:26:01,893 --> 00:26:03,361 SOME OF THE GREATEST CHAMPIONS 840 00:26:03,361 --> 00:26:04,195 OF PDA'S WORK. THERE 841 00:26:04,195 --> 00:26:04,829 MISSION-CRITICAL PARTNERS IN 842 00:26:04,829 --> 00:26:05,797 ADVANCING PUBLIC SAFETY AND SO 843 00:26:05,797 --> 00:26:10,001 WE APPRECIATE AND RECORD HIGHS 844 00:26:10,001 --> 00:26:11,369 THE CHAIR THAT YOU'VE TAKEN AND 845 00:26:11,369 --> 00:26:12,370 WILL NO DOUBT CONTINUE TO TAKE 846 00:26:12,370 --> 00:26:22,914 IN A WAY THAT IS NOT [ INAUDIBLE 847 00:26:24,549 --> 00:26:25,450 ] FUNDUS LIKE I REALLY 848 00:26:25,450 --> 00:26:26,384 APPRECIATE THE SMALL BUSINESSES 849 00:26:26,384 --> 00:26:27,552 TAKING THEIR TIME TO SHOW UP 850 00:26:27,552 --> 00:26:28,253 TODAY AND SHARE THEIR 851 00:26:28,253 --> 00:26:29,521 PERSPECTIVE ON THIS. IN TERMS OF 852 00:26:29,521 --> 00:26:30,322 IMPLEMENTATION, IT IS INCREDIBLY 853 00:26:30,322 --> 00:26:31,423 IMPORTANT THAT WE GET THIS 854 00:26:31,423 --> 00:26:37,329 RIGHT. WE HAVE TO USE THESE 855 00:26:37,329 --> 00:26:39,597 FUNDS TO BUOY HUMAN SERVICE 856 00:26:39,597 --> 00:26:40,165 INVESTMENTS THAT ARE 857 00:26:40,165 --> 00:26:40,765 EVIDENCE-BASED, THAT ARE 858 00:26:40,765 --> 00:26:41,666 STRATEGIC, THAT ARE POSITIONED 859 00:26:41,666 --> 00:26:42,667 FOR COLLECTIVE IMPACT. AT THE 860 00:26:42,667 --> 00:26:44,202 END OF THE DAY THIS IS ABOUT THE 861 00:26:44,202 --> 00:26:45,437 FRAYING OF OUR SOCIAL SAFETY NET 862 00:26:45,437 --> 00:26:46,705 AND OUR SOCIAL FABRIC AND HIS 863 00:26:46,705 --> 00:26:47,706 COUNCIL HAS RECOGNIZED THAT WE 864 00:26:47,706 --> 00:26:58,216 HAVE A DUTY TO REPAIR , SO WE 865 00:27:00,352 --> 00:27:01,519 LOOK FORWARD TO WORKING WITH YOU 866 00:27:01,519 --> 00:27:02,721 ON THAT AT PDA. THANK YOU. 867 00:27:02,721 --> 00:27:04,089 >> THANK YOU. UP NEXT IS ENDER 868 00:27:04,089 --> 00:27:05,357 MOSS FOLLOWED BY LAUREL GRAY AND 869 00:27:05,357 --> 00:27:06,157 ALBERTO ALVAREZ. DAVID HAYNES, 870 00:27:06,157 --> 00:27:07,192 YOU ARE STILL NOT PRESENT. 871 00:27:07,192 --> 00:27:08,393 YOU'VE GOT ABOUT 8 TO 10 872 00:27:08,393 --> 00:27:09,661 MINUTES UNTIL WE CALL ON YOU. 873 00:27:09,661 --> 00:27:11,096 ENDER, I SEE YOU ARE HERE. STAR 874 00:27:11,096 --> 00:27:12,464 SIX TO UNMUTE. I SEE YOU'RE OFF 875 00:27:12,464 --> 00:27:13,732 MUTE. TAKE IT AWAY WHEN YOU'RE 876 00:27:13,732 --> 00:27:13,965 READY. 877 00:27:13,965 --> 00:27:14,966 >> HELLO COUNCILMEMBERS. MY NAME 878 00:27:14,966 --> 00:27:15,967 IS ENDER. IMA HOMELESSNESS AND 879 00:27:15,967 --> 00:27:17,102 FOSTER CARE ADVOCATE AND I'VE 880 00:27:17,102 --> 00:27:18,303 BEEN FOR ABOUT THREE YEARS NOW. 881 00:27:18,303 --> 00:27:22,974 I USED TO BE HOMELESS FOR ALMOST 882 00:27:22,974 --> 00:27:24,609 4 YEARS. I AM 22 YEARS OLD. AS 883 00:27:24,609 --> 00:27:25,577 MOST PEOPLE HERE ARE AWARE, 884 00:27:25,577 --> 00:27:27,045 THERE ARE A LOT OF BUDGET CUTS 885 00:27:27,045 --> 00:27:28,279 THAT ARE GOING TO BE TAKING 886 00:27:28,279 --> 00:27:30,949 PLACE THAT WILL SEVERELY IMPACT 887 00:27:30,949 --> 00:27:31,950 ALL WORKING-CLASS AND LOW INCOME 888 00:27:31,950 --> 00:27:32,951 PEOPLE ACROSS THE UNITED STATES. 889 00:27:32,951 --> 00:27:39,357 SERVICES FOR PEOPLE WHO ARE IN 890 00:27:39,357 --> 00:27:40,125 EMERGENCIES LIKE HOMELESSNESS OR 891 00:27:40,125 --> 00:27:40,959 TRYING TO PREVENT THEMSELVES 892 00:27:40,959 --> 00:27:41,993 BECOMING HOMELESS ARE GOING TO 893 00:27:41,993 --> 00:27:44,029 NOT ONLY NEED GREAT RELIEF AND 894 00:27:44,029 --> 00:27:45,030 CAPACITY BUT NUMBERS AS MANY 895 00:27:45,030 --> 00:27:47,265 RESOURCES WILL BE LOST THAT ARE 896 00:27:47,265 --> 00:27:51,369 NEEDED FOR A LOT OF PEOPLE TO 897 00:27:51,369 --> 00:27:52,003 LITERALLY SURVIVE. I'M 898 00:27:52,003 --> 00:27:53,004 DEFINITELY IN THE BELIEF THAT 899 00:27:53,004 --> 00:27:58,009 THE FOUR-YEAR SUNSET SHOULD BE 900 00:27:58,009 --> 00:27:59,010 EXTENDED IF NOT ELIMINATED TO 901 00:27:59,010 --> 00:28:00,211 SECURE A FUTURE FOR EVERYONE TO 902 00:28:00,211 --> 00:28:01,846 HAVE THE ABILITY TO MAKE SURE 903 00:28:01,846 --> 00:28:02,447 THAT OUR CURRENTLY BARELY 904 00:28:02,447 --> 00:28:04,015 FEDERALLY FUNDED RESOURCES ARE 905 00:28:04,015 --> 00:28:07,552 ABLE TO BE USED. THAT $90 906 00:28:07,552 --> 00:28:08,620 MILLION IS ESTIMATED TO BE 907 00:28:08,620 --> 00:28:13,058 RAISED BY THIS TAX WOULD NOT BE 908 00:28:13,058 --> 00:28:14,426 ENOUGH TO PREVENT ALL OF THE 909 00:28:14,426 --> 00:28:18,630 EFFECTS FROM SEATTLE'S $250 910 00:28:18,630 --> 00:28:19,264 MILLION STRUCTURAL BUDGET 911 00:28:19,264 --> 00:28:22,300 DEFICIT FOR THE LOSS IN FEDERAL 912 00:28:22,300 --> 00:28:23,635 CUTS BUT WOULD AT LEAST HELP TO 913 00:28:23,635 --> 00:28:25,136 ATTEMPT TO KEEP AS MANY OF THESE 914 00:28:25,136 --> 00:28:26,137 PROGRAMS RUNNING AND HELPING 915 00:28:26,137 --> 00:28:30,709 HUGE AMOUNTS OF PEOPLE, BOTH 916 00:28:30,709 --> 00:28:31,910 HOMELESS AND NOT, THAT NEED THEM 917 00:28:31,910 --> 00:28:33,478 DESPERATELY. THIS BILL WOULD NOT 918 00:28:33,478 --> 00:28:36,448 SEVERELY AFFECT SMALL BUSINESSES 919 00:28:36,448 --> 00:28:40,852 WHO NEED THEIR FUNDING TO STAY 920 00:28:40,852 --> 00:28:42,353 AFLOAT AND WOULD ONLY BE A BLIP 921 00:28:42,353 --> 00:28:46,191 ON THE ALREADY VERY LARGE RADARS 922 00:28:46,191 --> 00:28:47,425 OF CORPORATIONS THAT NOT ONLY DO 923 00:28:47,425 --> 00:28:48,760 NOT BUT WOULD NOT NEED THAT 924 00:28:48,760 --> 00:28:52,197 MONEY TO BE PROFITABLE 925 00:28:52,197 --> 00:28:53,198 BUSINESSES, AND ANYONE WHO IS 926 00:28:53,198 --> 00:28:58,169 WORKING CLASS THAT SAYS 927 00:28:58,169 --> 00:28:58,970 OTHERWISE SHOULD QUESTION WHO 928 00:28:58,970 --> 00:29:00,205 THAT MONEY WOULD BE GOING TO, 929 00:29:00,205 --> 00:29:01,673 BECAUSE I CAN ASSURE YOU THAT IS 930 00:29:01,673 --> 00:29:02,707 NOT CURRENTLY GOING TO THE 931 00:29:02,707 --> 00:29:07,212 WORKING CLASS AMERICANS IN THESE 932 00:29:07,212 --> 00:29:07,879 PAYCHECKS FROM THESE 933 00:29:07,879 --> 00:29:08,646 INDIVIDUALS. THANKS, YOU ALL. 934 00:29:08,646 --> 00:29:10,115 >> THANK YOU. UP NEXT IS LAUREL 935 00:29:10,115 --> 00:29:13,618 GRAY FOLLOWED BY ALBERTO ALVAREZ 936 00:29:13,618 --> 00:29:14,352 AND KATE RUBIN. DAVID HAYNES, 937 00:29:14,352 --> 00:29:18,523 YOU ARE STILL NOT PRESENT. 938 00:29:18,523 --> 00:29:19,524 LAUREL, WELCOME. WE SEE YOU'RE 939 00:29:19,524 --> 00:29:20,525 OFF MUTE. WHEN YOU'RE READY 940 00:29:20,525 --> 00:29:29,167 WE'LL START THE CLOCK. WELCOME. 941 00:29:29,167 --> 00:29:30,769 >> GOOD MORNING MEMBERS OF THE 942 00:29:30,769 --> 00:29:32,070 COUNCIL. MY NAME IS LAUREL GRAY, 943 00:29:32,070 --> 00:29:33,037 DEPUTY DIRECTOR OF LSL SERVICES 944 00:29:33,037 --> 00:29:34,072 TO DISTRICT 5 RESIDENTS. I'M 945 00:29:34,072 --> 00:29:38,977 HERE TODAY TO SPEAK IN FAVOR OF 946 00:29:38,977 --> 00:29:40,512 THE B AND O TAX REFORM PROPOSAL 947 00:29:40,512 --> 00:29:41,679 AND I WANT TO THANK MAYOR 948 00:29:41,679 --> 00:29:42,480 HARRELL AND COUNCILMEMBER RINCK 949 00:29:42,480 --> 00:29:43,548 FOR THEIR LEADERSHIP ENTERS THE 950 00:29:43,548 --> 00:29:44,582 FULL COUNCIL TO SUPPORT. WE 951 00:29:44,582 --> 00:29:45,583 PREPARE AND DELIVER NUTRIENT 952 00:29:45,583 --> 00:29:46,417 DENSE, CULTURALLY AND MEDICALLY 953 00:29:46,417 --> 00:29:47,752 INFORMED MEALS AT NO COSTS TO 954 00:29:47,752 --> 00:29:48,720 INDIVIDUALS NEED ACROSS THE CITY 955 00:29:48,720 --> 00:29:49,754 OF SEATTLE AND BEYOND. OUR 956 00:29:49,754 --> 00:29:50,588 MURALS SUPPORT 59 PROGRAMS 957 00:29:50,588 --> 00:29:56,327 INCLUDING SHELTERS, PERMANENT 958 00:29:56,327 --> 00:29:59,898 HOUSING, YOUTH SERVICES, 959 00:29:59,898 --> 00:30:00,465 VETERANS PROGRAMS, SENIOR 960 00:30:00,465 --> 00:30:01,099 PROGRAMS, CITY SANCTIONED 961 00:30:01,099 --> 00:30:02,200 ENCAMPMENTS AND MORE. OUR FOOD 962 00:30:02,200 --> 00:30:03,034 IMMERSION PROGRAM, WE RESCUED 963 00:30:03,034 --> 00:30:03,768 AND REDISTRIBUTED NEARLY 1 964 00:30:03,768 --> 00:30:04,936 MILLION POUNDS OF FOOD IN 2024, 965 00:30:04,936 --> 00:30:09,674 THROUGH THE WOULD'VE OTHERWISE 966 00:30:09,674 --> 00:30:10,742 GONE DIRECTLY INTO THE WASTE 967 00:30:10,742 --> 00:30:11,543 STREAM. THIS INCLUDES 220,000 968 00:30:11,543 --> 00:30:12,544 POUNDS OF RECOVERED FOOD AND 969 00:30:12,544 --> 00:30:13,545 554,000 POUNDS OF DONATED FOOD. 970 00:30:13,545 --> 00:30:17,882 VALUED CONSERVATIVELY AT $3.9 971 00:30:17,882 --> 00:30:18,516 MILLION. DISTRIBUTED 749,000 972 00:30:18,516 --> 00:30:19,784 POUNDS OF THIS FOOD TO LOCAL 973 00:30:19,784 --> 00:30:20,418 ORGANIZATIONS INCLUDING MEAL 974 00:30:20,418 --> 00:30:21,386 PROVIDERS, FOOD BANK AND HUMAN 975 00:30:21,386 --> 00:30:22,220 SERVICES AGENCIES. FOOD IN 976 00:30:22,220 --> 00:30:23,254 MOTION IS PARTIALLY FUNDED FOR 977 00:30:23,254 --> 00:30:24,055 HOUR-LONG STANDING CONTRACT WITH 978 00:30:24,055 --> 00:30:32,096 THE CITY OF SEATTLE . IF THIS 979 00:30:32,096 --> 00:30:33,231 PROPOSAL FAILS AND WE LOSE THIS 980 00:30:33,231 --> 00:30:34,532 FUNDING WE FACE DEEP CUTS TO OUR 981 00:30:34,532 --> 00:30:35,166 PROGRAM INCLUDING RESTRICTIONS 982 00:30:35,166 --> 00:30:36,868 IN OUR 17 VEHICLE FLEET OF FOOD 983 00:30:36,868 --> 00:30:37,535 RECOVERY OPERATIONS HAVING FEWER 984 00:30:37,535 --> 00:30:38,403 MEALS FOR OUR MOST VULNERABLE 985 00:30:38,403 --> 00:30:39,404 NEIGHBORS AND MORE FOOD ENDING 986 00:30:39,404 --> 00:30:40,438 UP IN LANDFILLS. WHILE SITTING 987 00:30:40,438 --> 00:30:44,142 FUNDING DOES NOT MAKE UP OUR 988 00:30:44,142 --> 00:30:45,543 BUDGET IT IS CRITICAL TO SUSTAIN 989 00:30:45,543 --> 00:30:46,344 OUR WORK. HUNGER RELIEF IS 990 00:30:46,344 --> 00:30:47,345 PUBLIC SAFETY. I'LL SAY IT 991 00:30:47,345 --> 00:30:53,084 AGAIN. HUNGER RELIEF IS PUBLIC 992 00:30:53,084 --> 00:30:54,319 SAFETY. A MEANINGFUL INVESTMENT 993 00:30:54,319 --> 00:30:55,353 IN THE WELL-BEING OF OUR 994 00:30:55,353 --> 00:30:56,354 COMMUNITIES FOR THE FUTURE OF 995 00:30:56,354 --> 00:31:00,825 OUR CITY. AGAIN I THANK MAYOR 996 00:31:00,825 --> 00:31:01,926 HARRELL AND COUNCILMEMBER RINCK 997 00:31:01,926 --> 00:31:02,694 FOR THEIR LEADERSHIP ON THIS 998 00:31:02,694 --> 00:31:04,295 ISSUE AND I STRONGLY URGE THE 999 00:31:04,295 --> 00:31:10,702 FULL COUNCIL TO SUPPORT THIS 1000 00:31:10,702 --> 00:31:11,669 APPRAISAL. THANK YOU FOR YOUR 1001 00:31:11,669 --> 00:31:12,303 TIME AND CONSIDERATION. 1002 00:31:12,303 --> 00:31:13,738 >> THANK YOU LAUREL. UP NEXT IS 1003 00:31:13,738 --> 00:31:14,806 ALBERTO ALVAREZ FOLLOWED BY KATE 1004 00:31:14,806 --> 00:31:15,807 RUBIN, MARISSA PEREZ HAS ALSO 1005 00:31:15,807 --> 00:31:17,008 SIGNED UP REMOTELY BUT YOU HAVE 1006 00:31:17,008 --> 00:31:18,276 NOT LOGGED IN YET. ALBERTO, I 1007 00:31:18,276 --> 00:31:19,510 SEE YOU'RE OFF MUTE. TAKE IT 1008 00:31:19,510 --> 00:31:20,578 AWAY WHEN YOU'RE READY, 1009 00:31:20,578 --> 00:31:20,845 WELCOME. 1010 00:31:20,845 --> 00:31:21,946 >> THANK YOU, OUR CITY IS A 1011 00:31:21,946 --> 00:31:23,348 TOP-FIVE GLOBAL ECONOMIC 1012 00:31:23,348 --> 00:31:26,217 POWERHOUSE. THE THREAT OF BIG 1013 00:31:26,217 --> 00:31:27,018 COMPANIES CLOSING SOUNDS MORE 1014 00:31:27,018 --> 00:31:32,924 LIKE A HOSTAGE SITUATION THAT 1015 00:31:32,924 --> 00:31:34,325 THEY USE TO BLEED OUR COMMUNITY 1016 00:31:34,325 --> 00:31:35,994 MORE THAN THEY ALREADY DO. CALL 1017 00:31:35,994 --> 00:31:37,862 THEIR BLUFF. THEY KNOW THEY NEED 1018 00:31:37,862 --> 00:31:41,065 OUR WORKERS, OUR FAMILIES 1019 00:31:41,065 --> 00:31:43,635 SPENDING TO KEEP THEIR 1020 00:31:43,635 --> 00:31:48,506 SHAREHOLDERS HAPPY. 1021 00:31:48,506 --> 00:31:49,173 COUNCILMEMBERS MENTIONED SAFEWAY 1022 00:31:49,173 --> 00:31:50,508 STORES MIGHT RUN THE RISK OF 1023 00:31:50,508 --> 00:31:51,376 CLOSING DOWN. THEIR PARENT 1024 00:31:51,376 --> 00:31:52,744 COMPANY KROGER HAS A STOCK THAT 1025 00:31:52,744 --> 00:31:56,981 WENT UP 15% THIS YEAR AND OVER 1026 00:31:56,981 --> 00:32:00,451 90, THAT'S 90% SINCE THE 1027 00:32:00,451 --> 00:32:05,857 PANDEMIC. THEY UNDERPAY AND 1028 00:32:05,857 --> 00:32:06,891 OVERWORK THEIR STAFF, MAKING THE 1029 00:32:06,891 --> 00:32:08,359 REST OF US DO THE WORK OF 1030 00:32:08,359 --> 00:32:10,962 CHECKING OUT. THERE SLIM MARGINS 1031 00:32:10,962 --> 00:32:14,032 ARE SELF-INFLICTED IT. BIG 1032 00:32:14,032 --> 00:32:16,934 COMPANIES ALREADY GET MANY TAX 1033 00:32:16,934 --> 00:32:21,005 BREAKS, WHICH THEY USE TO PAY 1034 00:32:21,005 --> 00:32:24,876 SHAREHOLDERS WITH STOCK BUYBACKS 1035 00:32:24,876 --> 00:32:25,843 AND DIVIDENDS. INSTEAD OF MORE 1036 00:32:25,843 --> 00:32:27,512 MONEY BEING SIPHONED OFF TO 1037 00:32:27,512 --> 00:32:29,747 COMPANIES LIKE KROGER, THE BIG 1038 00:32:29,747 --> 00:32:33,284 COMPANY TAX CAN MAKE SURE OUR 1039 00:32:33,284 --> 00:32:35,420 DOLLARS REINFORCE OUR NEEDS AND 1040 00:32:35,420 --> 00:32:38,089 SERVICES, NOT SHAREHOLDERS. GO 1041 00:32:38,089 --> 00:32:48,132 VOTE YES ON SHIELD TO DEFEND OUR 1042 00:32:48,132 --> 00:32:49,500 CITY. THANK YOU AND HAVE A GOOD 1043 00:32:49,500 --> 00:32:49,734 DAY. 1044 00:32:49,734 --> 00:32:51,135 >> THANK YOU. UP NEXT IS KATE 1045 00:32:51,135 --> 00:32:51,970 RUBIN, DAVID HAYNES, MARISSA 1046 00:32:51,970 --> 00:32:53,237 PEREZ, YOU ARE NOT PRESENT 1047 00:32:53,237 --> 00:32:54,272 REMOTELY. WE WILL MOVE BACK INTO 1048 00:32:54,272 --> 00:33:01,212 THE LAST PHYSICAL PUBLIC 1049 00:33:01,212 --> 00:33:02,547 COMMENTOR. I SEE KATE, YOU ARE 1050 00:33:02,547 --> 00:33:03,981 OFF MUTE SO TAKE IT AWAY WHEN 1051 00:33:03,981 --> 00:33:04,782 YOU'RE READY. DAVID AND 1052 00:33:04,782 --> 00:33:05,850 MARISSA, PLEASE CALL IN NOW. 1053 00:33:05,850 --> 00:33:07,418 >> MY NAME IS KATE RUBIN AND 1054 00:33:07,418 --> 00:33:08,353 I'M THE COEXECUTIVE DIRECTOR OF 1055 00:33:08,353 --> 00:33:15,927 [ INAUDIBLE ] SEATTLE , [ 1056 00:33:15,927 --> 00:33:17,028 INAUDIBLE ]. THANK YOU TO 1057 00:33:17,028 --> 00:33:17,795 COUNCILMEMBER RINCK AND [ 1058 00:33:17,795 --> 00:33:18,796 INAUDIBLE ] FOR BRINGING FORWARD 1059 00:33:18,796 --> 00:33:19,664 THE SEATTLE SHIELD PROPOSAL. 1060 00:33:19,664 --> 00:33:21,099 IT'S A WELCOME CHANGE . I ALSO 1061 00:33:21,099 --> 00:33:22,300 WANT TO MAKE IT CLEAR THAT 1062 00:33:22,300 --> 00:33:23,334 RAISING $90 MILLION, NEARLY A 1063 00:33:23,334 --> 00:33:24,535 THIRD OF THE CITY $251 MILLION 1064 00:33:24,535 --> 00:33:30,775 SHORTFALL, IS NOT ENOUGH. THE 1065 00:33:30,775 --> 00:33:38,616 TRUMP ADMINISTRATION AND [ 1066 00:33:38,616 --> 00:33:39,584 INAUDIBLE ] ARE PULLING FUNDING 1067 00:33:39,584 --> 00:33:40,618 FOR CRITICAL PROGRAMS IN THE 1068 00:33:40,618 --> 00:33:41,352 CITY BUDGET DECISION WILL 1069 00:33:41,352 --> 00:33:42,153 DETERMINE WHO CARRIES THE 1070 00:33:42,153 --> 00:33:42,987 BURDEN. OUR COMMUNITIES ARE 1071 00:33:42,987 --> 00:33:43,988 ALREADY HURTING AND WHEN IT 1072 00:33:43,988 --> 00:33:44,822 COMES TO IMPORTANT PROGRAMS 1073 00:33:44,822 --> 00:33:45,623 DURING LAST YEAR'S BUDGET 1074 00:33:45,623 --> 00:33:47,058 PROCESS LIKE A 40% CUT TO THE 1075 00:33:47,058 --> 00:33:47,892 SERVICES GRANT, APRIL 2025 1076 00:33:47,892 --> 00:33:49,560 ADDICTION FILINGS, 112 FILINGS 1077 00:33:49,560 --> 00:33:52,663 PER MONTH, UP FROM 385. WE 1078 00:33:52,663 --> 00:33:54,499 CANNOT AFFORD TO TAKE MONEY FROM 1079 00:33:54,499 --> 00:34:01,472 OUR OTHER PROGRAMS OR DRAIN [ 1080 00:34:01,472 --> 00:34:02,774 INAUDIBLE ] WHEN THE FUNDS NEED 1081 00:34:02,774 --> 00:34:03,708 TO BE GOING TO AFFORDABLE 1082 00:34:03,708 --> 00:34:04,509 HOUSING. YOU HAVE THE 1083 00:34:04,509 --> 00:34:06,711 OPPORTUNITY TO MAKE THIS MUCH 1084 00:34:06,711 --> 00:34:07,545 STRONGER, ESPECIALLY GIVEN THE 1085 00:34:07,545 --> 00:34:09,013 FACT THAT IT'S ONLY FOUR YEARS 1086 00:34:09,013 --> 00:34:10,047 FROM NOW. THINGS CAN CHANGE IF 1087 00:34:10,047 --> 00:34:16,120 IT'S NOT WORKING IN THE WAY YOU 1088 00:34:16,120 --> 00:34:17,855 ENVISIONED . SEATTLE SHIELD 1089 00:34:17,855 --> 00:34:18,956 SHOULD BE PASSED AND THE FUNDS 1090 00:34:18,956 --> 00:34:20,124 SHOULD NOT BE DIVERTED FOR ANY 1091 00:34:20,124 --> 00:34:21,559 OTHER USES. THAT IS NOT GOING TO 1092 00:34:21,559 --> 00:34:22,560 SAVE US FROM USING PUBLIC 1093 00:34:22,560 --> 00:34:23,394 PROGRAMS THAT OUR COMMUNITIES 1094 00:34:23,394 --> 00:34:24,595 NEED TO. HELPING US WITH URGENCY 1095 00:34:24,595 --> 00:34:26,063 TO CLOSE THE FULL DEFICIT AT THE 1096 00:34:26,063 --> 00:34:27,098 STATE LEVEL AND ENSURE THAT 1097 00:34:27,098 --> 00:34:27,865 SEATTLEITES ARE PROTECTED FROM 1098 00:34:27,865 --> 00:34:29,100 HARM AT THE FEDERAL HOUSING. WE 1099 00:34:29,100 --> 00:34:29,934 NEED A PERMANENT PROGRESSIVE 1100 00:34:29,934 --> 00:34:35,306 REVENUE STREAM THAT ENSURES THAT 1101 00:34:35,306 --> 00:34:36,674 RESOURCES GO TO THE NEEDS OF THE 1102 00:34:36,674 --> 00:34:37,475 PEOPLE, HOUSING, FOOD, PUBLIC 1103 00:34:37,475 --> 00:34:38,342 HEALTH AND COMMUNITY CARE. 1104 00:34:38,342 --> 00:34:39,143 FUNDING FOR BENEFITS MANDATORY 1105 00:34:39,143 --> 00:34:40,011 AND ADDRESSED WITH URGENCY. 1106 00:34:40,011 --> 00:34:40,411 THANK YOU. 1107 00:34:40,411 --> 00:34:46,384 >> THANK YOU. MARISSA, I SEE 1108 00:34:46,384 --> 00:34:47,819 THAT YOU HAVE CALLED IN SO WE 1109 00:34:47,819 --> 00:34:49,287 ARE GOING TO GO WITH YOU AND 1110 00:34:49,287 --> 00:34:50,321 THEN THE FINAL PUBLIC COMMENTOR 1111 00:34:50,321 --> 00:34:51,656 IN PERSON AND THEN DAVID HAYNES, 1112 00:34:51,656 --> 00:34:54,092 IF YOU CALL IN YOU'LL BE UP 1113 00:34:54,092 --> 00:34:55,026 NEXT. MARISSA, AS YOU'RE BEING 1114 00:34:55,026 --> 00:34:57,128 PROMOTED YOU'LL PRESS STAR SIX 1115 00:34:57,128 --> 00:35:00,064 AND WE'LL START THE CLOCK WHEN 1116 00:35:00,064 --> 00:35:03,701 YOU'RE READY. I SEE YOU HAVE 1117 00:35:03,701 --> 00:35:08,072 NOT PRESSED STAR SIX YET, 1118 00:35:08,072 --> 00:35:11,209 MARISSA. WILL HOLD ON, MARISSA. 1119 00:35:11,209 --> 00:35:12,944 YOU CAN LEVERING THE 1120 00:35:12,944 --> 00:35:14,145 PRESENTATION. IF WE CAN HAVE THE 1121 00:35:14,145 --> 00:35:17,415 FINAL PUBLIC COMMENTOR COME ON 1122 00:35:17,415 --> 00:35:20,117 UP. I SAW YOU REGISTERED BUT I 1123 00:35:20,117 --> 00:35:22,987 DON'T HAVE -- 1124 00:35:22,987 --> 00:35:23,421 >> HELLO. 1125 00:35:23,421 --> 00:35:25,857 >> MARISSA, WE ARE GOING TO HAVE 1126 00:35:25,857 --> 00:35:28,326 YOU GIVE PUBLIC COMMENT NOW SO 1127 00:35:28,326 --> 00:35:34,232 WHEN YOU START TALKING WE'LL 1128 00:35:34,232 --> 00:35:37,101 STOP . 1129 00:35:37,101 --> 00:35:38,803 >> I'M SO SORRY. OKAY. I AM SO 1130 00:35:38,803 --> 00:35:39,604 SORRY. I'M STRUGGLING WITH 1131 00:35:39,604 --> 00:35:40,404 BUTTONS THIS MORNING. GOOD 1132 00:35:40,404 --> 00:35:46,477 MORNING CITY COUNCIL. MY NAME IS 1133 00:35:46,477 --> 00:35:52,383 MARISSA PEREZ . THANK YOU FOR 1134 00:35:52,383 --> 00:35:53,451 HAVING US. I AM THE EXECUTIVE 1135 00:35:53,451 --> 00:35:54,752 DIRECTOR OF THE SEATTLE HUMAN 1136 00:35:54,752 --> 00:35:55,520 SERVICES COALITION. WE ARE 1137 00:35:55,520 --> 00:35:56,354 STRONGLY IN SUPPORT OF THE 1138 00:35:56,354 --> 00:35:57,188 PROPOSED RESTRUCTURE OF THE 1139 00:35:57,188 --> 00:35:58,089 BUSINESS AND OCCUPATION TAX. 1140 00:35:58,089 --> 00:35:58,990 THIS PROPOSAL IS A REALLY 1141 00:35:58,990 --> 00:35:59,624 IMPORTANT STEP TOWARDS 1142 00:35:59,624 --> 00:36:00,458 ADDRESSING THE REGRESSIVE TAX 1143 00:36:00,458 --> 00:36:01,492 WHILE ALSO CARRYING REVENUES AND 1144 00:36:01,492 --> 00:36:02,059 SUPPORT ESSENTIAL COMMUNITY 1145 00:36:02,059 --> 00:36:07,598 NEEDS, ADJUST HUMAN SERVICES. 1146 00:36:07,598 --> 00:36:09,066 SEATTLE OR WASHINGTON HAS NO 1147 00:36:09,066 --> 00:36:10,034 INCOME TAX, WHICH MAKES IT 1148 00:36:10,034 --> 00:36:11,536 ESSENTIALLY A HAVEN FOR A LOT OF 1149 00:36:11,536 --> 00:36:17,175 LARGE BUSINESSES WHO ARE OFTEN 1150 00:36:17,175 --> 00:36:18,409 NOT PAYING THEIR FAIR SHARE IN 1151 00:36:18,409 --> 00:36:19,644 TAXES. THIS MEANS THEY CAN TAKE 1152 00:36:19,644 --> 00:36:25,550 ADVANTAGE OF OUR BEAUTIFUL CITY 1153 00:36:25,550 --> 00:36:26,951 WHILE SIMULTANEOUSLY IGNORING 1154 00:36:26,951 --> 00:36:28,252 THE NEEDS OF THE COMMUNITY THEY 1155 00:36:28,252 --> 00:36:29,487 OPERATE IN. I WANT TO BE CLEAR 1156 00:36:29,487 --> 00:36:30,721 THAT THIS WHAT I'M TALKING 1157 00:36:30,721 --> 00:36:31,756 ABOUT DOES NOT APPLY TO OUR 1158 00:36:31,756 --> 00:36:32,790 SMALL BUSINESS PARTNERS WHO HAVE 1159 00:36:32,790 --> 00:36:33,991 LINED UP IN SUPPORT OF THIS 1160 00:36:33,991 --> 00:36:34,992 EFFORT TO REDUCE THEIR TAX 1161 00:36:34,992 --> 00:36:36,260 BURDEN WHILE AT THE SAME TIME 1162 00:36:36,260 --> 00:36:39,697 ASSISTING THE NEIGHBORS THAT 1163 00:36:39,697 --> 00:36:40,965 THEY LIVE AND SURROUNDED BY. OUR 1164 00:36:40,965 --> 00:36:41,766 COMMUNITY MEMBERS ARE STRUGGLING 1165 00:36:41,766 --> 00:36:43,301 RIGHT NOW TO PUT FOOD ON THE 1166 00:36:43,301 --> 00:36:44,435 TABLE AND WE ARE BEING TARGETED. 1167 00:36:44,435 --> 00:36:45,436 OUR AGENCIES ARE BEING TARGETED 1168 00:36:45,436 --> 00:36:46,304 BY THE FEDERAL GOVERNMENT 1169 00:36:46,304 --> 00:36:47,738 BECAUSE WE REFUSED TO BOW TO THE 1170 00:36:47,738 --> 00:36:49,473 GUIDRY AND HATE. HUMAN SERVICE 1171 00:36:49,473 --> 00:36:50,408 FUNDING IS DESPERATELY NEEDED AT 1172 00:36:50,408 --> 00:36:52,743 THIS POINT IN TIME AND YOU KNOW 1173 00:36:52,743 --> 00:37:00,751 WE ARE LOOKING AT A $250 1174 00:37:00,751 --> 00:37:01,419 MILLION, $260 MILLION BUDGET 1175 00:37:01,419 --> 00:37:02,720 DEFICIT IN THE CITY OF SEATTLE, 1176 00:37:02,720 --> 00:37:08,726 WHICH MEANS THAT OUR HUMAN 1177 00:37:08,726 --> 00:37:12,330 SERVICES AGENCIES ARE FACING 1178 00:37:12,330 --> 00:37:13,631 LOSING NOT ONLY FEDERAL FUNDING, 1179 00:37:13,631 --> 00:37:14,565 NOT ONLY STATE FUNDING BUT CITY 1180 00:37:14,565 --> 00:37:15,733 FUNDING AS WELL. THIS WILL BE 1181 00:37:15,733 --> 00:37:16,667 DEVASTATING TO THOSE COMMUNITY 1182 00:37:16,667 --> 00:37:17,435 MEMBERS THAT DESPERATELY NEED 1183 00:37:17,435 --> 00:37:18,536 THE SERVICES THAT OUR AGENCIES 1184 00:37:18,536 --> 00:37:19,704 PROVIDE. I ASK YOU TO PLEASE 1185 00:37:19,704 --> 00:37:20,705 CONSIDER ASKING THE VOTERS WHAT 1186 00:37:20,705 --> 00:37:21,706 THEY BELIEVE AND WHERE THEIR 1187 00:37:21,706 --> 00:37:25,443 VALUES LIE AND SENDING THIS 1188 00:37:25,443 --> 00:37:26,444 PROPOSAL TO THE BALLOT. THANK 1189 00:37:26,444 --> 00:37:30,548 YOU SO MUCH FOR YOUR TIME. 1190 00:37:30,548 --> 00:37:31,248 >> THANK YOU. 1191 00:37:31,248 --> 00:37:37,054 >> AND YOUR PARTNERSHIP ON THIS 1192 00:37:37,054 --> 00:37:44,862 EFFORT. 1193 00:37:44,862 --> 00:37:46,364 >> THANK YOU. WE ARE GOING TO GO 1194 00:37:46,364 --> 00:37:47,298 WITH DAVID HAYNES, JUST SINCE 1195 00:37:47,298 --> 00:37:48,532 THEY ARE HERE, READY TO GO. 1196 00:37:48,532 --> 00:37:49,567 DAVID, STAR SIX TO UNMUTE. 1197 00:37:49,567 --> 00:37:50,601 YOU'VE GOT TO MINUTES. WE'LL 1198 00:37:50,601 --> 00:37:51,869 START THE CLOCK WHEN YOU START 1199 00:37:51,869 --> 00:37:52,303 TALKING. WELCOME. 1200 00:37:52,303 --> 00:37:53,471 >> THANK YOU, DAVID HAYNES. IT 1201 00:37:53,471 --> 00:37:54,472 WOULDN'T BE SUCH AN ECONOMIC 1202 00:37:54,472 --> 00:37:55,940 AND BUDGET CRISIS OF DEBT IF THE 1203 00:37:55,940 --> 00:37:58,309 DEMOCRATS DIDN'T EXEMPT DRUG 1204 00:37:58,309 --> 00:37:58,976 PUSHERS FROM JAIL, THEN 1205 00:37:58,976 --> 00:37:59,810 PRIORITIZE REPEAT OFFENDERS FOR 1206 00:37:59,810 --> 00:38:05,516 HOUSING AND SERVICES BEFORE 1207 00:38:05,516 --> 00:38:07,985 INNOCENT HOMELESS THAT ARE 1208 00:38:07,985 --> 00:38:08,753 RACIST WE DISCRIMINATED AN 1209 00:38:08,753 --> 00:38:09,787 SUBHUMAN LEAD TREATED, BUT WE 1210 00:38:09,787 --> 00:38:10,855 SEE THE SAME BAD SPENDING 1211 00:38:10,855 --> 00:38:11,656 PRIORITIES THAT HAVE EXACERBATED 1212 00:38:11,656 --> 00:38:12,923 THE CRISIS ON THIS AGENDA TODAY 1213 00:38:12,923 --> 00:38:13,891 WITH THE AMENDMENTS TAKEN FROM 1214 00:38:13,891 --> 00:38:14,925 THE JAIL TO EXEMPT MORE 1215 00:38:14,925 --> 00:38:15,793 CRIMINALS FROM JAIL HIDING 1216 00:38:15,793 --> 00:38:21,499 BEHIND DRUG ADDICTION WITHOUT 1217 00:38:21,499 --> 00:38:22,166 NONPROFIT BEST PRACTICES 1218 00:38:22,166 --> 00:38:22,733 EMBRACING THEIR ADDICTION 1219 00:38:22,733 --> 00:38:23,634 BECAUSE THERE'S A MORE 1220 00:38:23,634 --> 00:38:24,468 PROFITABLE WRAP AROUND SERVICE 1221 00:38:24,468 --> 00:38:26,937 CONNECTED TO UNQUALIFIED 1222 00:38:26,937 --> 00:38:27,672 NONPROFITS THAT DONATE AND 1223 00:38:27,672 --> 00:38:29,040 SUPPORT ELECTIONS. WE WILL SEE 1224 00:38:29,040 --> 00:38:32,543 THE SAME BOGUS, FRAUDULENT, 1225 00:38:32,543 --> 00:38:34,779 RACIST GUN VIOLENCE LIKE 1226 00:38:34,779 --> 00:38:35,479 COMMUNITY SAFETY LINING THEIR 1227 00:38:35,479 --> 00:38:36,714 POCKETS WITH MORE TAX MONEY, AND 1228 00:38:36,714 --> 00:38:40,384 THEY ARE SOMEWHAT SUSPECT IN 1229 00:38:40,384 --> 00:38:46,290 THEIR EFFORTS TO BOW DOWN TO 1230 00:38:46,290 --> 00:38:47,558 DRUG PUSHERS. ANYWAY, WE NEED A 1231 00:38:47,558 --> 00:38:48,125 DEPARTMENT OF GOVERNMENT 1232 00:38:48,125 --> 00:38:51,996 EFFICIENCY APPLIED TO THE 1233 00:38:51,996 --> 00:38:53,030 SEATTLE BUDGET BECAUSE IT LOOKS 1234 00:38:53,030 --> 00:38:54,098 LIKE THE EXECUTIVE IS REPEATING 1235 00:38:54,098 --> 00:38:55,266 THE HISTORY OF PULLING THE WOOL 1236 00:38:55,266 --> 00:38:56,467 OVER THE EYES OF LAST YEAR'S 1237 00:38:56,467 --> 00:38:57,702 COUNCIL 'S IN THE SAME LESS 1238 00:38:57,702 --> 00:39:03,240 THAN TRANSPARENT STORYTELLING 1239 00:39:03,240 --> 00:39:06,644 CENTRAL STAFF TO PASS THE SAME 1240 00:39:06,644 --> 00:39:07,511 BAD SPENDING PRIORITIES THAT 1241 00:39:07,511 --> 00:39:08,479 ORIGINATED FROM THE FUNDING OF 1242 00:39:08,479 --> 00:39:09,513 POLICE, SHIFTING A PARADIGM AWAY 1243 00:39:09,513 --> 00:39:10,681 FROM IMPROVING THE WAR ON DRUGS, 1244 00:39:10,681 --> 00:39:11,482 AND CREATING BAD SPENDING 1245 00:39:11,482 --> 00:39:12,917 PRIORITIES THAT EXEMPT CRIMINALS 1246 00:39:12,917 --> 00:39:14,552 FROM JAIL, EVEN HOUSING AND 1247 00:39:14,552 --> 00:39:15,419 SERVICES FIRST USING HOMELESS 1248 00:39:15,419 --> 00:39:21,392 CRISIS MONEY WHILE RACIST ROGUE 1249 00:39:21,392 --> 00:39:24,061 SOCIAL ENGINEERING RACIAL TOOL 1250 00:39:24,061 --> 00:39:28,299 EQUITIES ARE [ INAUDIBLE ] 1251 00:39:28,299 --> 00:39:29,467 EXPERIENCE ARE APPLYING A RACIST 1252 00:39:29,467 --> 00:39:30,067 SKIN COLOR DISCRIMINATION 1253 00:39:30,067 --> 00:39:31,369 AGAINST INNOCENT WHITE HOMELESS 1254 00:39:31,369 --> 00:39:34,472 WHO ARE PURPOSELY BEING DENIED A 1255 00:39:34,472 --> 00:39:37,608 PROPER INTERPRETATION OF SHELTER 1256 00:39:37,608 --> 00:39:42,513 AND CAPACITY, BUT YET WE HAVE 1257 00:39:42,513 --> 00:39:43,714 THESE RACIST ON THE AGENDA WHERE 1258 00:39:43,714 --> 00:39:44,982 THEY WANT TO MANIPULATE THE SKIN 1259 00:39:44,982 --> 00:39:46,217 COLORS AS TO HELPED AND WHO'S 1260 00:39:46,217 --> 00:39:48,352 NOT IN JAIL ANYMORE. EITHER WAY, 1261 00:39:48,352 --> 00:39:51,589 WE NEED TO STOP THE BAD SPENDING 1262 00:39:51,589 --> 00:39:53,023 PRIORITIES AND PURGE THE RACIST 1263 00:39:53,023 --> 00:39:55,559 [ INAUDIBLE ] 1264 00:39:55,559 --> 00:39:57,528 >> THANK YOU, DAVID. OUR FINAL 1265 00:39:57,528 --> 00:40:01,966 PUBLIC COMMENTOR TODAY IS 1266 00:40:01,966 --> 00:40:03,434 AMARANTH A TAURUS. WELCOME AND 1267 00:40:03,434 --> 00:40:04,769 THEN WE'LL MOVE ON TO THE FIRST 1268 00:40:04,769 --> 00:40:08,506 AGENDA ITEM. ONCE SHE'S DONE 1269 00:40:08,506 --> 00:40:09,440 TALKING THAN THE FIRST 1270 00:40:09,440 --> 00:40:10,374 PRESENTATION CAN COME ON UP. 1271 00:40:10,374 --> 00:40:16,380 >> THANK YOU SO MUCH. IS THIS 1272 00:40:16,380 --> 00:40:17,648 ON? THANK YOU SO MUCH. GOOD 1273 00:40:17,648 --> 00:40:18,482 MORNING COUNCILMEMBERS. MY NAME 1274 00:40:18,482 --> 00:40:19,650 IS AMARANTH VIATOR IS. I'M THE 1275 00:40:19,650 --> 00:40:22,920 COEXECUTIVE DIRECTOR OF THE 1276 00:40:22,920 --> 00:40:23,988 COALITION OF NATALIE AND WE 1277 00:40:23,988 --> 00:40:24,789 SUPPORT OVER 35 COMMUNITY-BASED 1278 00:40:24,789 --> 00:40:25,623 ORGANIZATIONS WORKING TOWARDS AN 1279 00:40:25,623 --> 00:40:34,431 END TO GENDER-BASED VIOLENCE 1280 00:40:34,431 --> 00:40:35,099 SUCH AS SEXUAL ASSAULT, 1281 00:40:35,099 --> 00:40:35,900 TRAFFICKING AND VIOLENCE. CB 1282 00:40:35,900 --> 00:40:36,834 102028 RELATING TO THE 1283 00:40:36,834 --> 00:40:38,068 RESTRUCTURING OF THE AND O TAX. 1284 00:40:38,068 --> 00:40:39,003 WE ARE SUPPORTIVE OF THIS 1285 00:40:39,003 --> 00:40:40,104 ORDINANCE BECAUSE AT THE FEDERAL 1286 00:40:40,104 --> 00:40:41,272 LEVEL ABUSES OF POWER ARE REALLY 1287 00:40:41,272 --> 00:40:42,006 FORCING LOCAL GENDER-BASED 1288 00:40:42,006 --> 00:40:42,907 VIOLENCE PROGRAMS TO MAKE IT 1289 00:40:42,907 --> 00:40:48,813 IMPOSSIBLE CHOICE TO DENY 1290 00:40:48,813 --> 00:40:49,447 LIFESAVING SERVICES TO 1291 00:40:49,447 --> 00:40:50,347 IMMIGRANTS AND LGBTQ SURVIVORS 1292 00:40:50,347 --> 00:40:51,248 OR LOSE THEIR FUNDING. THIS 1293 00:40:51,248 --> 00:40:52,283 BINARY CHOICE ISN'T REALLY A 1294 00:40:52,283 --> 00:40:53,551 CHOICE AT ALL AND IT'S AN 1295 00:40:53,551 --> 00:40:54,718 AFFRONT TO THE CORE VALUES OF 1296 00:40:54,718 --> 00:40:56,120 OUR FIELD, AND IT'S A RISK TO 1297 00:40:56,120 --> 00:41:00,024 ALL THE GAINS THAT WE HAVE MADE 1298 00:41:00,024 --> 00:41:01,458 IN OUR SECTOR OVER THE LAST MANY 1299 00:41:01,458 --> 00:41:02,460 DECADES. THIS ORDINANCE IS A 1300 00:41:02,460 --> 00:41:04,695 STEP IN THE RIGHT DIRECTION 1301 00:41:04,695 --> 00:41:05,529 TOWARDS FAIR, EQUITABLE, AND 1302 00:41:05,529 --> 00:41:09,600 MUCH-NEEDED LOCAL REVENUE TO 1303 00:41:09,600 --> 00:41:10,401 PROTECT OUR VALUES AND ENSURE 1304 00:41:10,401 --> 00:41:11,402 THAT PROGRAMS CAN KEEP THEIR 1305 00:41:11,402 --> 00:41:17,575 DOORS OPEN TO ALL SURVIVORS IN 1306 00:41:17,575 --> 00:41:24,215 OUR CITY AS THEY SEEK SAFETY, 1307 00:41:24,215 --> 00:41:24,882 DIGNITY, AND SELF-DETERMINATION 1308 00:41:24,882 --> 00:41:26,016 FROM THE IMPACTS OF ABUSE. THANK 1309 00:41:26,016 --> 00:41:26,951 YOU TO COUNCILMEMBER RINCK AND 1310 00:41:26,951 --> 00:41:27,785 MAYOR HARRELL FOR THEIR 1311 00:41:27,785 --> 00:41:28,819 LEADERSHIP ON THIS PROPOSAL. I 1312 00:41:28,819 --> 00:41:30,020 URGE THE FULL COUNCIL TO SUPPORT 1313 00:41:30,020 --> 00:41:31,255 THIS ORDINANCE AND THANK YOU SO 1314 00:41:31,255 --> 00:41:32,656 MUCH FOR THE TIME TO SPEAK . 1315 00:41:32,656 --> 00:41:35,693 >> THANK YOU. SOON AS WE HAVE NO 1316 00:41:35,693 --> 00:41:36,360 ADDITIONAL SPEAKERS PHYSICALLY 1317 00:41:36,360 --> 00:41:37,328 OR REMOTELY PRESENT, WE WILL 1318 00:41:37,328 --> 00:41:38,762 MOVE ON TO THE NEXT AGENDA ITEM. 1319 00:41:38,762 --> 00:41:40,231 FOLKS WELCOME TO COME ON UP TO 1320 00:41:40,231 --> 00:41:41,465 THE DAIS. WILL THE CLERK THESE 1321 00:41:41,465 --> 00:41:42,700 READ THE SHORT TITLE OF ITEM 1322 00:41:42,700 --> 00:41:45,135 NUMBER ONE INTO THE RECORD? 1323 00:41:45,135 --> 00:41:46,203 >> MENTIONED ITEM 1, COUNCIL 1324 00:41:46,203 --> 00:41:47,371 BILL 1210 28, RELATING TO 1325 00:41:47,371 --> 00:41:56,947 BUSINESS OCCUPATION TAX SPECIAL 1326 00:41:56,947 --> 00:41:57,948 ELECTION WITH NOVEMBER 4th, 2025 1327 00:41:57,948 --> 00:41:58,849 GENERAL ELECTION FOR SUBMISSION 1328 00:41:58,849 --> 00:42:00,017 TO THE QUALIFIED ELECTORS OF THE 1329 00:42:00,017 --> 00:42:01,018 CITY, PROPOSITION TO LIFT THE 1330 00:42:01,018 --> 00:42:01,819 LIMIT ON BUSINESSES AND 1331 00:42:01,819 --> 00:42:02,887 OCCUPATION TAX FOR BRIEFING AND 1332 00:42:02,887 --> 00:42:03,187 DISCUSSION. 1333 00:42:03,187 --> 00:42:04,922 >> THANK YOU. THIS IS THE SECOND 1334 00:42:04,922 --> 00:42:06,357 TIME THAT WE'VE HAD THIS ITEM 1335 00:42:06,357 --> 00:42:07,791 IN COMMITTEE. WE DID HAVE IT IN 1336 00:42:07,791 --> 00:42:13,097 THE FINANCE COMMITTEE AND TRIBAL 1337 00:42:13,097 --> 00:42:13,931 GOVERNMENTS COMMITTEE, WHICH IS 1338 00:42:13,931 --> 00:42:15,099 A SMALLER SUBSET OF THIS FULL 1339 00:42:15,099 --> 00:42:19,203 SELECT BUDGET COMMITTEE. SO 1340 00:42:19,203 --> 00:42:20,137 WE'LL START -- WE'RE JOINED 1341 00:42:20,137 --> 00:42:21,272 TODAY BY DEPUTY MAYOR GREG LONG, 1342 00:42:21,272 --> 00:42:24,074 CBO DIRECTOR DAN EDER AND TOM 1343 00:42:24,074 --> 00:42:24,909 MIKESELL AND JENNIFER LABRECQUE 1344 00:42:24,909 --> 00:42:31,015 OF COUNCIL CENTRAL STAFF AS WELL 1345 00:42:31,015 --> 00:42:35,653 AS THE DIRECTOR OF CENTRAL 1346 00:42:35,653 --> 00:42:36,654 STAFF. WE'LL START WITH JUST 1347 00:42:36,654 --> 00:42:37,421 SOME OPENING REMARKS FROM 1348 00:42:37,421 --> 00:42:38,222 COUNCILMEMBER RINCK AND THEN 1349 00:42:38,222 --> 00:42:39,290 DEPUTY MAYOR WONG. SINCE WE'VE 1350 00:42:39,290 --> 00:42:40,090 HAD THESE PRESENTATIONS IN 1351 00:42:40,090 --> 00:42:41,258 COMMITTEE BUT NOT THIS FULL 1352 00:42:41,258 --> 00:42:42,326 COMMITTEE, WE WILL HAVE TOM 1353 00:42:42,326 --> 00:42:43,127 MIKESELL AND JENNIFER LABRECQUE 1354 00:42:43,127 --> 00:42:43,994 WALK US THROUGH THEIR 1355 00:42:43,994 --> 00:42:44,828 PRESENTATION AND DEPUTY MAYOR, 1356 00:42:44,828 --> 00:42:51,035 IF THERE'S TIME AS WELL WE CAN 1357 00:42:51,035 --> 00:42:57,474 GO BACK TO THE PRESENTATION THAT 1358 00:42:57,474 --> 00:42:58,108 YOU PROVIDED AT THE LAST 1359 00:42:58,108 --> 00:42:58,909 COMMITTEE MEETING. WITH THAT 1360 00:42:58,909 --> 00:42:59,977 I'LL TURN IT OVER TO 1361 00:42:59,977 --> 00:43:00,844 COUNCILMEMBER RINCK FOR SOME 1362 00:43:00,844 --> 00:43:01,779 OPENING REMARKS OF HER BILL. 1363 00:43:01,779 --> 00:43:03,881 >> THANK YOU CHAIR STRAUSS AND 1364 00:43:03,881 --> 00:43:04,882 THANK YOU EVERYONE FOR BEING 1365 00:43:04,882 --> 00:43:06,150 HERE TODAY. COLLEAGUES, I KNOW A 1366 00:43:06,150 --> 00:43:07,384 NUMBER OF YOU HAVE HEARD THIS 1367 00:43:07,384 --> 00:43:17,928 PRESENTATION BEFORE, SO I THANK 1368 00:43:26,403 --> 00:43:27,237 YOU AGAIN FOR TAKING THE TIME 1369 00:43:27,237 --> 00:43:28,005 AND CONSIDERING THIS PROPOSAL. 1370 00:43:28,005 --> 00:43:28,772 FUNDAMENTALLY THIS PROPOSAL IS 1371 00:43:28,772 --> 00:43:29,773 ABOUT GIVING SEATTLE VOTERS THE 1372 00:43:29,773 --> 00:43:30,941 CHOICE THEY DESERVE ABOUT OUR 1373 00:43:30,941 --> 00:43:31,675 CITY'S FUTURE. THE SEATTLE 1374 00:43:31,675 --> 00:43:32,676 SHIELD INITIATIVE IS MORE THAN 1375 00:43:32,676 --> 00:43:33,711 JUST A POLICY PROPOSAL. IT'S 1376 00:43:33,711 --> 00:43:34,712 OUR RESPONSE TO AN UNPRECEDENTED 1377 00:43:34,712 --> 00:43:35,713 CHALLENGE, AND WHILE OUR CITY 1378 00:43:35,713 --> 00:43:36,714 FACES A BUDGET DEFICIT AND 1379 00:43:36,714 --> 00:43:38,983 FEDERAL CUTS THAT THREATEN THE 1380 00:43:38,983 --> 00:43:39,984 SERVICES SO MANY OF OUR 1381 00:43:39,984 --> 00:43:41,251 RESIDENTS DEPEND ON, WE HAVE THE 1382 00:43:41,251 --> 00:43:42,353 OPPORTUNITY TO LEAD WITH VALUES 1383 00:43:42,353 --> 00:43:43,587 THAT MAKE SEATTLE WHO WE ARE. 1384 00:43:43,587 --> 00:43:44,288 AND THE SEATTLE SHIELD 1385 00:43:44,288 --> 00:43:45,122 INITIATIVE REFLECTS THREE CORE 1386 00:43:45,122 --> 00:43:46,190 PRINCIPLES I BELIEVE WE ALL 1387 00:43:46,190 --> 00:43:47,424 SHARE. THE FIRST IS THAT SMALL 1388 00:43:47,424 --> 00:43:48,459 BUSINESSES ARE THE BACKBONE OF 1389 00:43:48,459 --> 00:43:49,493 OUR LOCAL ECONOMY, AND THIS 1390 00:43:49,493 --> 00:43:50,127 LEGISLATION PROVIDES IMMEDIATE 1391 00:43:50,127 --> 00:43:51,228 TAX RELIEF FOR BUSINESSES WITH A 1392 00:43:51,228 --> 00:43:52,296 BREAKEVEN POINT OF $5.7 MILLION 1393 00:43:52,296 --> 00:43:53,297 IN GROSS RECEIPTS, MEANING THAT 1394 00:43:53,297 --> 00:43:54,331 90% OF SEATTLE BUSINESSES WILL 1395 00:43:54,331 --> 00:44:00,604 PAY LESS IN TAXES. WHILE WE ARE 1396 00:44:00,604 --> 00:44:03,540 ASKING FOR THE TOP 10% OF 1397 00:44:03,540 --> 00:44:04,608 BUSINESSES TO STEP UP, WE ARE 1398 00:44:04,608 --> 00:44:05,442 PROVIDING CONCRETE SUPPORT WHERE 1399 00:44:05,442 --> 00:44:06,677 IT'S NEEDED MOST. THIS IS MORE 1400 00:44:06,677 --> 00:44:07,678 ESSENTIAL NOW MORE THAN EVER 1401 00:44:07,678 --> 00:44:08,679 WITH IN THIS PARTICULARLY GIVEN 1402 00:44:08,679 --> 00:44:09,747 THE FACT THAT BIG DISMISSES 1403 00:44:09,747 --> 00:44:10,748 RECEIVED ANOTHER BIG TAX BREAK 1404 00:44:10,748 --> 00:44:16,787 ON THE NATIONAL LEVEL WITH THE 1405 00:44:16,787 --> 00:44:18,389 PASSAGE OF TRUMP AND 1406 00:44:18,389 --> 00:44:18,989 CONGRESSIONAL REPUBLICANS BIG 1407 00:44:18,989 --> 00:44:19,857 BETRAYAL BILL. SECOND, WORKERS 1408 00:44:19,857 --> 00:44:20,624 DESERVE PROTECTION AND US 1409 00:44:20,624 --> 00:44:23,827 FEDERAL WORKFORCE PROTECTIONS 1410 00:44:23,827 --> 00:44:24,862 SECURE OUR OFFICE OF LABOR 1411 00:44:24,862 --> 00:44:25,629 STANDARDS BECOMES EVEN MORE 1412 00:44:25,629 --> 00:44:26,397 CRITICAL IN THIS INITIATIVE 1413 00:44:26,397 --> 00:44:27,231 ENSURES THAT WE CONTINUE 1414 00:44:27,231 --> 00:44:28,032 PROTECTING THEIR RIGHTS MAKING 1415 00:44:28,032 --> 00:44:31,068 SEATTLE A PLACE WHERE WORK PAYS 1416 00:44:31,068 --> 00:44:32,536 AND THIRD, ESSENTIAL SERVICES 1417 00:44:32,536 --> 00:44:35,172 PROTECT ALL OF US AND THE $90 1418 00:44:35,172 --> 00:44:41,011 MILLION GENERATED WILL MAINTAIN 1419 00:44:41,011 --> 00:44:42,479 FAMILIES HOUSED, FED AND SAFE. 1420 00:44:42,479 --> 00:44:44,648 THE SERVICES THAT STRENGTHEN OUR 1421 00:44:44,648 --> 00:44:45,649 COMMUNITY, NOT THOSE WHO USE 1422 00:44:45,649 --> 00:44:46,684 THEM DIRECTLY AND IN DEVELOPING 1423 00:44:46,684 --> 00:44:48,552 THIS PROPOSAL WE MET WITH AS WE 1424 00:44:48,552 --> 00:44:58,295 STATED IN COMMITTEE LAST TIME, 1425 00:44:58,295 --> 00:44:59,329 AND SMALL BUSINESS OWNERS AND 1426 00:44:59,329 --> 00:45:00,130 SMALL-BUSINESS CHAMBERS TO HUMAN 1427 00:45:00,130 --> 00:45:00,798 SERVICES PROVIDERS, LABOR 1428 00:45:00,798 --> 00:45:01,799 ADVOCATES AND UNIONS. AND SINCE 1429 00:45:01,799 --> 00:45:05,702 WE MET ON THIS TOPIC MY TEAM HAS 1430 00:45:05,702 --> 00:45:07,771 BEEN DOING ADDITIONAL WORK ON 1431 00:45:07,771 --> 00:45:08,572 THE GROUND, CANVASSING DISTRICTS 1432 00:45:08,572 --> 00:45:09,773 TO ENGAGE WITH SMALL BUSINESSES 1433 00:45:09,773 --> 00:45:18,248 AND WE'VE HAD THE OPPORTUNITY 1434 00:45:18,248 --> 00:45:19,550 TO CONNECT WITH 23 ADDITIONAL 1435 00:45:19,550 --> 00:45:20,417 BUSINESSES TO INFORM THEM OF THE 1436 00:45:20,417 --> 00:45:21,351 PROPOSAL AND GARNER FEEDBACK. 1437 00:45:21,351 --> 00:45:22,252 AND SO WE'VE CONSULTED AND 1438 00:45:22,252 --> 00:45:23,420 REFINED THIS TO CREATE BOTH A 1439 00:45:23,420 --> 00:45:28,959 MEANINGFUL OPPORTUNITY FOR SMALL 1440 00:45:28,959 --> 00:45:30,194 BUSINESSES AND ALSO TO OFFSET 1441 00:45:30,194 --> 00:45:31,428 THE TAX INCREASE IS COMING FROM 1442 00:45:31,428 --> 00:45:32,262 OLYMPIA AND FOCUS THESE 1443 00:45:32,262 --> 00:45:33,263 INVESTMENTS IN A WAY THAT 1444 00:45:33,263 --> 00:45:34,298 BALANCES THE HARM COMING FROM 1445 00:45:34,298 --> 00:45:40,537 THE FEDERAL GOVERNMENT. AND 1446 00:45:40,537 --> 00:45:41,839 SINCE THE RELEASE WE'VE 1447 00:45:41,839 --> 00:45:42,372 RECEIVED AN OUTPOURING OF 1448 00:45:42,372 --> 00:45:43,340 SUPPORT FROM ACROSS THE CITY. WE 1449 00:45:43,340 --> 00:45:44,341 HAVE SEVERAL LETTERS OF SUPPORT 1450 00:45:44,341 --> 00:45:45,175 FROM HUMAN SERVICES PROVIDERS, 1451 00:45:45,175 --> 00:45:45,976 SMALL BUSINESSES AND LABOR 1452 00:45:45,976 --> 00:45:46,977 ORGANIZATIONS ASKING US TO LET 1453 00:45:46,977 --> 00:45:51,148 VOTERS MAKE THIS CHOICE. IN 1454 00:45:51,148 --> 00:45:52,316 BUILDING ON THAT I AM GRATEFUL 1455 00:45:52,316 --> 00:45:53,584 THAT MAYOR HARRELL AND I FOUND 1456 00:45:53,584 --> 00:45:54,718 COMMON GROUND ON THIS ISSUE 1457 00:45:54,718 --> 00:45:55,853 BECAUSE THE NEED IS CLEAR AND 1458 00:45:55,853 --> 00:46:00,257 THE POLICY SOLUTION IS SOUND. IN 1459 00:46:00,257 --> 00:46:01,058 WORKING WITH MAYOR HARRELL AND 1460 00:46:01,058 --> 00:46:02,292 HIS TEAM, INCLUDING CBO DIRECTOR 1461 00:46:02,292 --> 00:46:03,327 EDER, WE'VE BEEN ABLE TO WALK 1462 00:46:03,327 --> 00:46:04,428 THE WALK OF TRUE COLLABORATIVE 1463 00:46:04,428 --> 00:46:05,195 PARTNERSHIP BETWEEN THE COUNCIL 1464 00:46:05,195 --> 00:46:06,263 AND THE EXECUTIVE. SO THE 1465 00:46:06,263 --> 00:46:11,768 CHALLENGE OF THIS MOMENT 1466 00:46:11,768 --> 00:46:21,578 REQUIRES NO LESS AND I KNOW THAT 1467 00:46:21,578 --> 00:46:22,312 SAME SPIRIT OF COLLABORATION 1468 00:46:22,312 --> 00:46:23,580 EXISTS IN THIS CHAMBER. AND WITH 1469 00:46:23,580 --> 00:46:24,581 THAT, THANK YOU CHAIR FOR 1470 00:46:24,581 --> 00:46:25,816 ALLOWING ME TO MAKE SOME OPENING 1471 00:46:25,816 --> 00:46:26,083 REMARKS. 1472 00:46:26,083 --> 00:46:27,251 >> THANK YOU. DEPUTY MAYOR WONG, 1473 00:46:27,251 --> 00:46:28,452 IF YOU'D LIKE TO MAKE SOME 1474 00:46:28,452 --> 00:46:29,486 OPENING REMARKS AND WE'LL TURN 1475 00:46:29,486 --> 00:46:30,521 IT OVER TO COUNCIL CENTRAL 1476 00:46:30,521 --> 00:46:30,754 STAFF. 1477 00:46:30,754 --> 00:46:32,156 >> THANK YOU CHAIR AND THANK YOU 1478 00:46:32,156 --> 00:46:33,157 COUNCILMEMBER RINCK FOR THIS 1479 00:46:33,157 --> 00:46:33,991 OPENING REMARKS. DEPUTY MAYOR 1480 00:46:33,991 --> 00:46:34,992 GREG WONG FROM MAYOR HARRELL'S 1481 00:46:34,992 --> 00:46:36,226 OFFICE. IT'S A PLEASURE TO BE 1482 00:46:36,226 --> 00:46:37,494 WITH YOU ALL AGAIN TODAY. I 1483 00:46:37,494 --> 00:46:38,996 WOULD DEFER MOST OF MY COMMENTS 1484 00:46:38,996 --> 00:46:40,264 TO THE PRESENTATION PART BUT I 1485 00:46:40,264 --> 00:46:41,565 WOULD JUST LIKE TO SAY THAT THIS 1486 00:46:41,565 --> 00:46:42,833 IS A POLICY THAT WE BELIEVE 1487 00:46:42,833 --> 00:46:43,800 STRIKES THE RIGHT BALANCE. OUR 1488 00:46:43,800 --> 00:46:44,635 CITY IS FACING SEVERAL 1489 00:46:44,635 --> 00:46:45,869 CHALLENGES AND NOT JUST AS A 1490 00:46:45,869 --> 00:46:47,070 CITY, BUT OUR RESIDENTS AND OUR 1491 00:46:47,070 --> 00:46:48,071 SMALL BUSINESSES AS WELL. SO 1492 00:46:48,071 --> 00:46:49,740 WHAT WE TRY TO DO IS TO FIND 1493 00:46:49,740 --> 00:46:51,141 THAT RIGHT BALANCE OF HOW DO WE, 1494 00:46:51,141 --> 00:46:56,580 GIVEN THE FEDERAL, STATE, THE 1495 00:46:56,580 --> 00:46:57,614 LOCAL ECONOMIC HEADWINDS WE ARE 1496 00:46:57,614 --> 00:46:58,382 FACING, THE CHALLENGES WITH 1497 00:46:58,382 --> 00:46:59,016 AFFORDABILITY, PARTICULARLY FOR 1498 00:46:59,016 --> 00:47:01,018 OUR SMALL BUSINESSES, AND THE 1499 00:47:01,018 --> 00:47:02,219 NEED TO PROTECT OUR RESIDENTS AS 1500 00:47:02,219 --> 00:47:03,220 WE SEE DIFFERENT IMPACTS COME 1501 00:47:03,220 --> 00:47:09,960 THROUGH ON MOST BASIC SERVICES 1502 00:47:09,960 --> 00:47:11,295 THAT WE OFFER THEM, KEEP THEM 1503 00:47:11,295 --> 00:47:12,629 SAFE AND SECURE. HOW DO WE DO 1504 00:47:12,629 --> 00:47:16,767 THAT ALL AT ONE TIME? IT'S A 1505 00:47:16,767 --> 00:47:17,768 CHALLENGE. IT'S A CHALLENGE YOU 1506 00:47:17,768 --> 00:47:19,203 ALL FACE EVERY DAY AND WE HAVE 1507 00:47:19,203 --> 00:47:20,204 TO MAKE THOSE HARD POLICY 1508 00:47:20,204 --> 00:47:21,238 DECISIONS. IN THIS PROPOSAL WE 1509 00:47:21,238 --> 00:47:22,673 ARE ABLE TO ALLOW 90% OF THE 1510 00:47:22,673 --> 00:47:24,675 BUSINESSES IN SEATTLE WHO 1511 00:47:24,675 --> 00:47:28,579 CURRENTLY PAY THE B AND O TAX TO 1512 00:47:28,579 --> 00:47:33,784 EITHER PAY NO OR LESS CITY 1513 00:47:33,784 --> 00:47:34,918 TAXES. I DON'T KNOW, AT LEAST 1514 00:47:34,918 --> 00:47:36,353 IN MY MEMORY, IF THERE'S BEEN A 1515 00:47:36,353 --> 00:47:39,623 TIME THAT THE CITY HAS ACTUALLY 1516 00:47:39,623 --> 00:47:40,457 LOWERED COSTS ON SMALL 1517 00:47:40,457 --> 00:47:41,625 BUSINESSES. AND THIS IS A POLICY 1518 00:47:41,625 --> 00:47:46,697 THAT WILL ACTUALLY DO SO. AT THE 1519 00:47:46,697 --> 00:47:48,365 END OF THE DAY, IF YOU TAKE INTO 1520 00:47:48,365 --> 00:47:49,466 ACCOUNT ALL THE BUSINESSES IN 1521 00:47:49,466 --> 00:47:50,400 SEATTLE, 95% OF BUSINESSES IN 1522 00:47:50,400 --> 00:47:54,738 SEATTLE WILL PAY NO OR LOWER 1523 00:47:54,738 --> 00:47:55,973 TAXES AS A RESULT OF THIS 1524 00:47:55,973 --> 00:48:00,043 POLICY. THAT IS A GOOD POLICY IN 1525 00:48:00,043 --> 00:48:01,111 OUR OPINION, FOR BUSINESSES, FOR 1526 00:48:01,111 --> 00:48:02,212 THE SMALL BUSINESSES WHO WANT TO 1527 00:48:02,212 --> 00:48:03,580 STAY HERE, WHO WANT TO HIRE 1528 00:48:03,580 --> 00:48:07,517 EMPLOYEES AND DO BUSINESS AND 1529 00:48:07,517 --> 00:48:08,518 CREATE STRONG COMMUNITIES. AT 1530 00:48:08,518 --> 00:48:09,820 THE SAME TIME, WE ARE ABLE TO 1531 00:48:09,820 --> 00:48:10,954 USE REVENUE TO HELP MITIGATE 1532 00:48:10,954 --> 00:48:16,760 SOME OF THE IMPACTS THAT WE ARE 1533 00:48:16,760 --> 00:48:17,828 SEEING. AND WE DON'T PRETEND 1534 00:48:17,828 --> 00:48:18,829 THAT THIS WILL ENTIRELY MITIGATE 1535 00:48:18,829 --> 00:48:19,663 ALL IMPACTS, WHETHER THEY'RE 1536 00:48:19,663 --> 00:48:20,697 FROM THE FEDERAL GOVERNMENT, THE 1537 00:48:20,697 --> 00:48:24,334 STATE BUDGET DEFICIT THAT WE 1538 00:48:24,334 --> 00:48:25,535 SAW, OR FROM THE LOCAL BUDGET 1539 00:48:25,535 --> 00:48:26,637 HEADWINDS WE FACE. BUT WE KNOW 1540 00:48:26,637 --> 00:48:28,138 THAT THEY WILL TAKE A LITTLE BIT 1541 00:48:28,138 --> 00:48:32,943 OF THE STING OFF AND HELPING TO 1542 00:48:32,943 --> 00:48:33,744 PROVIDE SERVICES THAT ARE 1543 00:48:33,744 --> 00:48:34,811 NECESSARY. WE ALSO WANTED TO 1544 00:48:34,811 --> 00:48:37,214 MAKE SURE THAT THIS WAS A 1545 00:48:37,214 --> 00:48:40,150 PROPOSAL TO THE RESPONSE AT THE 1546 00:48:40,150 --> 00:48:41,318 TIME AND THAT'S WHY THERE'S A 1547 00:48:41,318 --> 00:48:44,888 BUILT-IN FOUR-YEAR SUNSET. IF 1548 00:48:44,888 --> 00:48:46,123 THE VOTERS TO APPROVE THIS, THE 1549 00:48:46,123 --> 00:48:46,990 BILL WILL SUNSET UNLESS FUTURE 1550 00:48:46,990 --> 00:48:54,564 COUNCIL RENEWS IT, AND AS A 1551 00:48:54,564 --> 00:48:55,632 ONE-TIME RENEWAL FOR FOUR MORE 1552 00:48:55,632 --> 00:48:57,000 YEARS. AND AFTER THEN IT WILL GO 1553 00:48:57,000 --> 00:48:58,101 TO THE VOTERS AGAIN BECAUSE 1554 00:48:58,101 --> 00:49:03,740 ULTIMATELY A POLICY OF THIS 1555 00:49:03,740 --> 00:49:14,284 WEIGHT WE BELIEVE SHOULD GO TO 1556 00:49:17,120 --> 00:49:18,088 THE VOTERS AND THEY SHOULD HAVE 1557 00:49:18,088 --> 00:49:19,523 A SAY ON WHETHER OR NOT IT'S 1558 00:49:19,523 --> 00:49:20,691 THE TYPE OF POLICY THAT THEY 1559 00:49:20,691 --> 00:49:21,958 WANTED THE CITY OF SEATTLE. SO 1560 00:49:21,958 --> 00:49:23,293 WITH THAT I WILL TURN THE 1561 00:49:23,293 --> 00:49:23,994 PRESENTATION OVER TO CENTRAL 1562 00:49:23,994 --> 00:49:25,028 STAFF TO WALK THROUGH THE 1563 00:49:25,028 --> 00:49:26,096 LOGISTICS AND THEN THANK YOU, 1564 00:49:26,096 --> 00:49:27,297 CHAIR, IF THERE IS TIME, AND 1565 00:49:27,297 --> 00:49:28,765 I'D LOVE TO BE ABLE TO PROVIDE 1566 00:49:28,765 --> 00:49:30,033 A LITTLE MORE CONTEXT FOR THE 1567 00:49:30,033 --> 00:49:30,901 BILL ITSELF. THANK YOU. 1568 00:49:30,901 --> 00:49:32,169 >> THANK YOU DEPUTY MAYOR. YES, 1569 00:49:32,169 --> 00:49:33,403 IF THERE'S TIME, GETTING BACK 1570 00:49:33,403 --> 00:49:34,938 TO THE -- IN YOUR SLIDE IT WAS 1571 00:49:34,938 --> 00:49:35,972 IN PARTICULAR THE FACT THAT THIS 1572 00:49:35,972 --> 00:49:37,007 ONE PROPOSAL WON'T SOLVE THE 1573 00:49:37,007 --> 00:49:37,841 ENTIRE BUDGET PROBLEM, THAT 1574 00:49:37,841 --> 00:49:38,642 THERE ARE MULTIPLE FACTORS, 1575 00:49:38,642 --> 00:49:39,443 MULTIPLE TOOLS AND MULTIPLE 1576 00:49:39,443 --> 00:49:40,844 LEVERS THAT HAVE TO BE USED TO 1577 00:49:40,844 --> 00:49:41,878 ADDRESS THIS STRUCTURAL ISSUE. I 1578 00:49:41,878 --> 00:49:42,679 WILL NOTE THAT TODAY'S 1579 00:49:42,679 --> 00:49:43,747 PRESENTATION IS GOING TO BE 1580 00:49:43,747 --> 00:49:44,781 DIFFERENT THAN WHAT WE'VE DONE 1581 00:49:44,781 --> 00:49:46,216 IN THE PAST. GO I STRIVE TOWARDS 1582 00:49:46,216 --> 00:49:50,253 ART DISSIPATION IN TRANSPARENCY, 1583 00:49:50,253 --> 00:49:51,588 WHICH IS WHY THE END OF THIS 1584 00:49:51,588 --> 00:49:52,656 PROPOSAL WILL HAVE THIS IN 1585 00:49:52,656 --> 00:49:53,824 COMMITTEE THREE TIMES. SO WE HAD 1586 00:49:53,824 --> 00:49:54,624 THE PRESENTATION THAT TOM 1587 00:49:54,624 --> 00:50:03,867 PROVIDED AT THE LAST COMMITTEE 1588 00:50:03,867 --> 00:50:05,202 AND WE HAVE TO HOLD QUESTIONS TO 1589 00:50:05,202 --> 00:50:06,570 THE END. TODAY I'D LIKE A 1590 00:50:06,570 --> 00:50:07,571 LITTLE MORE PARTICIPATION. SO IF 1591 00:50:07,571 --> 00:50:08,805 YOU DO HAVE QUESTIONS ALONG THE 1592 00:50:08,805 --> 00:50:09,873 WAY, PLEASE FEEL FREE TO ASK 1593 00:50:09,873 --> 00:50:10,941 TOM. THE BIGGEST HEADLINE THAT 1594 00:50:10,941 --> 00:50:12,542 ANY OF US ON THE DAIS NEED TO 1595 00:50:12,542 --> 00:50:13,744 TAKE AWAY FROM TODAY IS THAT 1596 00:50:13,744 --> 00:50:14,745 AMENDMENTS FOR THIS AND THE 1597 00:50:14,745 --> 00:50:15,812 SUPPLEMENTAL ARE DUE ON JULY 1598 00:50:15,812 --> 00:50:18,482 22nd. BECAUSE WE'VE ALREADY 1599 00:50:18,482 --> 00:50:19,282 SEEN THIS PRESENTATION BEFORE, 1600 00:50:19,282 --> 00:50:20,450 IF YOU DO HAVE IDEAS OF 1601 00:50:20,450 --> 00:50:21,718 AMENDMENTS, HAVING THAT 1602 00:50:21,718 --> 00:50:22,786 DISCUSSION TODAY IS HELPFUL. AND 1603 00:50:22,786 --> 00:50:26,490 AGAIN, THIS ONE PROPOSAL WILL 1604 00:50:26,490 --> 00:50:27,424 NOT SOLVE OUR ENTIRE BUDGET 1605 00:50:27,424 --> 00:50:31,161 ISSUE ALONE, AND THAT IS WHY 1606 00:50:31,161 --> 00:50:32,162 MULTIPLE LEVERS WILL STILL NEED 1607 00:50:32,162 --> 00:50:38,468 TO BE PULLED. WITH THAT I SEE 1608 00:50:38,468 --> 00:50:39,736 DIRECTOR NOBLE WITH SOME 1609 00:50:39,736 --> 00:50:40,937 COMMENTS AND THEN WE'LL PASS IT 1610 00:50:40,937 --> 00:50:42,039 OVER TO TOM AND JENNIFER. 1611 00:50:42,039 --> 00:50:43,240 >> WITH RESPECT TO THE DEADLINE 1612 00:50:43,240 --> 00:50:50,714 AND AMENDMENTS, I WANTED TO NOTE 1613 00:50:50,714 --> 00:50:52,249 THAT THAT IS THE LAST 1614 00:50:52,249 --> 00:50:53,216 OPPORTUNITY TO BRING IS AN 1615 00:50:53,216 --> 00:50:54,418 ISSUE. YOU ARE WELCOME TO BRING 1616 00:50:54,418 --> 00:50:55,752 THEM SOONER. IN FACT, WE ARE 1617 00:50:55,752 --> 00:50:56,887 WORKING WITH SEVERAL OF YOU ON 1618 00:50:56,887 --> 00:50:57,888 SOME IDEAS NOW. IT'S A 1619 00:50:57,888 --> 00:50:58,722 PARTICULARLY COMPLICATED ISSUE 1620 00:50:58,722 --> 00:51:00,157 SO THE SOONER YOU CAN GET TO US, 1621 00:51:00,157 --> 00:51:01,358 THE BETTER. JUST IN EFFORT TO 1622 00:51:01,358 --> 00:51:02,426 OFFER YOU BETTER SERVICE RATHER 1623 00:51:02,426 --> 00:51:03,627 THAN NOT, PLEASE COME FIND US 1624 00:51:03,627 --> 00:51:08,298 AND ANYBODY AT THE TABLE IF YOU 1625 00:51:08,298 --> 00:51:09,433 ARE CENTRAL STAFF OR OTHERWISE, 1626 00:51:09,433 --> 00:51:10,400 JUST WANTED TO ENCOURAGE THAT, 1627 00:51:10,400 --> 00:51:10,834 THAT'S ALL. 1628 00:51:10,834 --> 00:51:11,868 >> THANK YOU. TOM, JENNIFER, 1629 00:51:11,868 --> 00:51:12,869 OVER TO YOU. AND AGAIN, 1630 00:51:12,869 --> 00:51:16,373 QUESTIONS AS WE GO. 1631 00:51:16,373 --> 00:51:17,574 >> GOOD MORNING CHAIR STRAUSS, 1632 00:51:17,574 --> 00:51:18,608 VICE CHAIR WITH HER AND MEMBERS 1633 00:51:18,608 --> 00:51:19,609 OF THE COMMITTEE. I'M TOM 1634 00:51:19,609 --> 00:51:20,677 MIKESELL WITH YOUR CENTRAL STAFF 1635 00:51:20,677 --> 00:51:20,811 . 1636 00:51:20,811 --> 00:51:21,711 >> ALSO WITH CITY COUNCIL 1637 00:51:21,711 --> 00:51:22,145 CENTRAL STAFF. 1638 00:51:22,145 --> 00:51:27,250 >> AND THIS MORNING WE ARE GOING 1639 00:51:27,250 --> 00:51:28,518 TO BE TALKING ABOUT COUNCIL BILL 1640 00:51:28,518 --> 00:51:29,319 121028, BUSINESS AND OCCUPATION 1641 00:51:29,319 --> 00:51:35,859 TAX REBALANCING PROPOSAL. SO IN 1642 00:51:35,859 --> 00:51:37,094 TERMS OF A BROAD OUTLINE, WE ARE 1643 00:51:37,094 --> 00:51:38,261 GOING TO FIRST TALK ABOUT THE 1644 00:51:38,261 --> 00:51:39,096 BACKGROUND OF THE EXISTING 1645 00:51:39,096 --> 00:51:40,097 BUSINESS AND OCCUPATION TAX AT 1646 00:51:40,097 --> 00:51:41,364 THE CITY. GIVEN A BRIEF OVERVIEW 1647 00:51:41,364 --> 00:51:44,835 OF THE PROPOSAL ITSELF, DIG A 1648 00:51:44,835 --> 00:51:46,136 BIT INTO THIS SPECIFIC PIECES OF 1649 00:51:46,136 --> 00:51:49,106 THE PROPOSAL, TALK ABOUT THE USE 1650 00:51:49,106 --> 00:51:50,106 OF THE PROCEEDS GENERATED FROM 1651 00:51:50,106 --> 00:51:52,609 THE PROPOSAL, AND THEN CLOSE OUT 1652 00:51:52,609 --> 00:51:59,816 WITH SOME CONSIDERATIONS FOR THE 1653 00:51:59,816 --> 00:52:03,453 COMMITTEE. SO CITY CURRENTLY 1654 00:52:03,453 --> 00:52:04,488 LEVIES A BUSINESS AND OCCUPATION 1655 00:52:04,488 --> 00:52:06,223 TAX, WHICH IS A TAX ON THE GROSS 1656 00:52:06,223 --> 00:52:11,194 REVENUE OF BUSINESSES, REVENUE 1657 00:52:11,194 --> 00:52:12,362 EARNED IN THE CITY OF SEATTLE. 1658 00:52:12,362 --> 00:52:13,330 SO I UNDERLINE GROSS HERE 1659 00:52:13,330 --> 00:52:14,331 BECAUSE THIS IS DISTINCT FROM 1660 00:52:14,331 --> 00:52:15,532 WHAT IS MORE FAMILIAR, WHICH IS 1661 00:52:15,532 --> 00:52:16,967 THE COURT INCOME TAX, WHICH IS A 1662 00:52:16,967 --> 00:52:20,570 TAX ON NET REVENUE OR NET 1663 00:52:20,570 --> 00:52:21,271 PROFITS AFTER DEDUCTIONS FOR 1664 00:52:21,271 --> 00:52:22,205 OPERATING EXPENSES. SO AGAIN 1665 00:52:22,205 --> 00:52:27,644 IT'S IMPORTANT DISTINCTION TO 1666 00:52:27,644 --> 00:52:30,714 REMEMBER BUT BECAUSE IT IS A TAX 1667 00:52:30,714 --> 00:52:31,915 ON GROSS, THE TOTAL REVENUES OF 1668 00:52:31,915 --> 00:52:32,949 THESE BUSINESSES, THE RATES ARE 1669 00:52:32,949 --> 00:52:33,783 ACTUALLY FAIRLY SMALL. THE 1670 00:52:33,783 --> 00:52:34,951 CURRENT RATES CHARGED IN OUR 1671 00:52:34,951 --> 00:52:40,590 CITY TAX ARE -- THERE ARE TWO 1672 00:52:40,590 --> 00:52:41,591 DIFFERENT RATES DEPENDING ON THE 1673 00:52:41,591 --> 00:52:44,594 TYPE OF BUSINESS BEING 1674 00:52:44,594 --> 00:52:45,729 CONDUCTED. FIRST IS A .222%. SO 1675 00:52:45,729 --> 00:52:52,035 THAT IS LESS THAN A QUARTER OF A 1676 00:52:52,035 --> 00:52:56,406 PERCENT ON ACTIVITIES FROM 1677 00:52:56,406 --> 00:52:57,007 RETAIL SALES AND SERVICES, 1678 00:52:57,007 --> 00:52:57,641 WHOLESALING AND MANUFACTURING 1679 00:52:57,641 --> 00:52:58,842 AND EXTRACTING. AND SO, TO KIND 1680 00:52:58,842 --> 00:53:00,010 OF PUT THAT INTO SOME CONTEXT, 1681 00:53:00,010 --> 00:53:01,177 THAT BASICALLY GROSSES UP TO 1682 00:53:01,177 --> 00:53:02,279 $.22 PER $100 OF REVENUE. THE 1683 00:53:02,279 --> 00:53:09,119 OTHER RATE IS A .4 TO 7% RATE ON 1684 00:53:09,119 --> 00:53:11,254 SERVICE, TRANSPORTING FREIGHT 1685 00:53:11,254 --> 00:53:12,389 FOR HIRE AND OTHER, BASICALLY 1686 00:53:12,389 --> 00:53:13,356 ANY OTHER ACTIVITY NOT COVERED 1687 00:53:13,356 --> 00:53:17,661 IN THE OTHER RATE. AND AGAIN, SO 1688 00:53:17,661 --> 00:53:18,862 THAT'S LESS THAN HALF A PERCENT 1689 00:53:18,862 --> 00:53:20,330 AND GROSSES UP TO $.43 PER $100 1690 00:53:20,330 --> 00:53:21,565 OF REVENUE. THERE IS A CURRENTLY 1691 00:53:21,565 --> 00:53:24,801 SMALL BUSINESS EXEMPTION WHICH 1692 00:53:24,801 --> 00:53:30,574 IS $100,000 OF REVENUE. SO ANY 1693 00:53:30,574 --> 00:53:31,541 BUSINESS LESS THAN $100,000 IN 1694 00:53:31,541 --> 00:53:32,609 NEW REVENUE CURRENTLY DOES NOT 1695 00:53:32,609 --> 00:53:34,878 HAVE TO PAY THE TAX. THE RATES 1696 00:53:34,878 --> 00:53:40,450 ARE AT THEIR CURRENT STATUTORY 1697 00:53:40,450 --> 00:53:42,752 MAXIMUM , AS STATED IN RCW. SO 1698 00:53:42,752 --> 00:53:45,589 STATE LAW 35217 11. HOWEVER, BY 1699 00:53:45,589 --> 00:53:52,195 PURSUANT TO THAT STATE LAW THERE 1700 00:53:52,195 --> 00:53:53,363 IS THE OPPORTUNITY FOR VOTERS TO 1701 00:53:53,363 --> 00:53:54,364 APPROVE A HIGHER TAX RATE. 1702 00:53:54,364 --> 00:53:56,833 >> BEFORE YOU MOVE ON, TO 1703 00:53:56,833 --> 00:53:57,867 CLARIFY THE WORDS ON YOUR 1704 00:53:57,867 --> 00:54:02,138 SLIDES, ON YOUR SUB BULLETS, 1705 00:54:02,138 --> 00:54:03,173 .222% FOR RETAIL SALES AND 1706 00:54:03,173 --> 00:54:10,614 SERVICES AND THEN .427% FOR 1707 00:54:10,614 --> 00:54:11,548 SERVICES. COULD YOU HAVE THE 1708 00:54:11,548 --> 00:54:12,782 WORD SERVICES ON BOTH LINES. CAN 1709 00:54:12,782 --> 00:54:14,150 YOU GIVE US A LITTLE BIT MORE 1710 00:54:14,150 --> 00:54:15,185 FLAVOR OF WHAT THE DIFFERENCE 1711 00:54:15,185 --> 00:54:15,452 IS? 1712 00:54:15,452 --> 00:54:16,419 >> GREAT QUESTION, CHAIR. SO 1713 00:54:16,419 --> 00:54:17,654 THIS WOULD BE SERVICES THAT ARE 1714 00:54:17,654 --> 00:54:21,925 SOLD AT RETAIL AS OPPOSED TO 1715 00:54:21,925 --> 00:54:27,264 SERVICES THAT ARE PROVIDED SO 1716 00:54:27,264 --> 00:54:28,565 LIKE A -- ACCOUNTING OR LAWYER 1717 00:54:28,565 --> 00:54:31,801 SERVICES, SO THAT WOULD BE 1718 00:54:31,801 --> 00:54:33,036 CAPTURED IN THE LOWER RATE. THE 1719 00:54:33,036 --> 00:54:38,642 TOP RATE WOULD BE SELLING A 1720 00:54:38,642 --> 00:54:39,643 SERVICE, SO LIKE A SOFTWARE 1721 00:54:39,643 --> 00:54:40,644 SERVICE OR SOMETHING LIKE THAT, 1722 00:54:40,644 --> 00:54:44,180 THAT'S MORE PACKAGED AND CAN BE 1723 00:54:44,180 --> 00:54:45,248 SOLD DISCREETLY AT RETAIL. SO 1724 00:54:45,248 --> 00:54:46,282 THERE'S A SLIGHT DISTINCTION OF 1725 00:54:46,282 --> 00:54:48,685 WHETHER OR NOT IT'S KIND OF AT 1726 00:54:48,685 --> 00:54:49,753 A TRANSACTIONAL BASIS VERSUS A 1727 00:54:49,753 --> 00:54:50,487 CONTRACT THAT'S BEEN PROVIDED. 1728 00:54:50,620 --> 00:54:53,123 >> WE'LL DIG IN MORE TO THIS 1729 00:54:53,123 --> 00:54:54,991 LATER BUT I'D LOVE A MORE FULL 1730 00:54:54,991 --> 00:54:59,529 EXPLANATION LATER ON AND NOT 1731 00:54:59,529 --> 00:55:00,497 NECESSARILY AT THIS MOMENT. IF 1732 00:55:00,497 --> 00:55:01,731 THERE ARE NO OTHER QUESTIONS ON 1733 00:55:01,731 --> 00:55:05,568 THE SLIDE, FEEL FREE TO KEEP 1734 00:55:05,568 --> 00:55:05,802 GOING. 1735 00:55:05,802 --> 00:55:07,170 >> SO JUST TO CLOSE OUT THE 1736 00:55:07,170 --> 00:55:08,004 BACKGROUND DESCRIPTION, IN 2024 1737 00:55:08,004 --> 00:55:09,873 THERE WERE A TOTAL OF 42,000 1738 00:55:09,873 --> 00:55:12,108 FILERS OF THE B AND O TAX SO 1739 00:55:12,108 --> 00:55:16,646 THOSE ARE NOT ALL TAXPAYERS. AS 1740 00:55:16,646 --> 00:55:20,317 YOU CAN SEE IN THE PIE CHART, 1741 00:55:20,317 --> 00:55:21,251 BASICALLY IT RAKES DOWN, YOU 1742 00:55:21,251 --> 00:55:22,152 KNOW, CONSIDERING THE EXISTING 1743 00:55:22,152 --> 00:55:26,856 $100,000 EXEMPTION, THAT ABOUT 1744 00:55:26,856 --> 00:55:28,224 HALF, JUST SHY OF HALF OF THE 1745 00:55:28,224 --> 00:55:30,427 TOTAL FILERS ACTUALLY OWED NO B 1746 00:55:30,427 --> 00:55:35,165 AND O TAX IN 2024, MEANING THE 1747 00:55:35,165 --> 00:55:36,466 REMAINING $21,000 OR SO OF 1748 00:55:36,466 --> 00:55:39,335 TAXPAYERS DID OH TAX. THE TOTAL 1749 00:55:39,335 --> 00:55:49,846 B AND O TAX GENERATED IN 2024 1750 00:55:52,849 --> 00:55:54,084 WAS $353 MILLION. THE CURRENT 1751 00:55:54,084 --> 00:55:54,784 PROJECTIONS BASED ON THE 1752 00:55:54,784 --> 00:55:55,719 FORECAST ARE $359 MILLION IN 1753 00:55:55,719 --> 00:55:57,020 2025 AND $385 MILLION IN '26. 1754 00:55:57,020 --> 00:55:57,921 AND THEN TOTAL THIS REPRESENTS 1755 00:55:57,921 --> 00:55:58,922 ABOUT 20% OF GENERAL FUND 1756 00:55:58,922 --> 00:56:00,123 REVENUE EACH YEAR. I WOULD POINT 1757 00:56:00,123 --> 00:56:06,196 OUT THAT THERE IS A RECENT STATE 1758 00:56:06,196 --> 00:56:10,967 CHAIN . GROSS STATE SENATE BILL 1759 00:56:10,967 --> 00:56:11,935 2015, WHICH DID CLASSIFY SOME, 1760 00:56:11,935 --> 00:56:12,702 GETTING TO THE QUESTION, 1761 00:56:12,702 --> 00:56:13,303 CLASSIFIED SOME TECHNOLOGY 1762 00:56:13,303 --> 00:56:14,938 SERVICES AS RETAIL AND WOULD IN 1763 00:56:14,938 --> 00:56:16,272 FACT DECREASE B AND O TAX 1764 00:56:16,272 --> 00:56:20,143 REVENUES AS A RESULT OF THAT 1765 00:56:20,143 --> 00:56:21,578 CHAIN BECAUSE THE CITY TAX SORT 1766 00:56:21,578 --> 00:56:22,378 OF PIGGYBACKS ON THE 1767 00:56:22,378 --> 00:56:23,046 DEFINITIONS, THE BASE 1768 00:56:23,046 --> 00:56:24,481 DEFINITIONS IN THE STATE TAX AND 1769 00:56:24,481 --> 00:56:26,983 SO THOSE ESTIMATES ARE NOT 1770 00:56:26,983 --> 00:56:28,051 INCLUDED IN THE PROJECTIONS THAT 1771 00:56:28,051 --> 00:56:35,191 I CITED IN THE THIRD BILL, WHICH 1772 00:56:35,191 --> 00:56:36,326 WERE FROM THE APRIL FORECAST, 1773 00:56:36,326 --> 00:56:37,494 BUT THEY WERE INCLUDED IN THE 1774 00:56:37,494 --> 00:56:38,328 ESTIMATES OF THE RATE AND 1775 00:56:38,328 --> 00:56:39,162 REVENUE GENERATED FROM THIS 1776 00:56:39,162 --> 00:56:40,363 PROPOSAL. SO NOW I'LL MOVE TO 1777 00:56:40,363 --> 00:56:44,868 THE OVERVIEW OF THE PROPOSAL IN 1778 00:56:44,868 --> 00:56:51,307 THIS COUNCIL BILL. THIS PROPOSAL 1779 00:56:51,307 --> 00:56:52,675 WOULD DO A NUMBER OF THINGS. IT 1780 00:56:52,675 --> 00:56:53,443 WOULD INCREASE THE EXEMPTION 1781 00:56:53,443 --> 00:56:54,878 THRESHOLD SO THAT $100,000 WOULD 1782 00:56:54,878 --> 00:56:55,879 INCREASE TO $2 MILLION. THEY 1783 00:56:55,879 --> 00:56:58,915 WOULD CREATE A NEW $2 MILLION 1784 00:56:58,915 --> 00:56:59,716 STANDARD DEDUCTION. THERE WOULD 1785 00:56:59,716 --> 00:57:00,984 BE AN ALIGNMENT OF THE BUSINESS 1786 00:57:00,984 --> 00:57:07,724 LICENSE FEE STRUCTURE WITH THE 1787 00:57:07,724 --> 00:57:08,324 ABOVE-MENTIONED CHANGES. SO 1788 00:57:08,324 --> 00:57:09,192 BASICALLY THE BUSINESS LICENSE 1789 00:57:09,192 --> 00:57:10,226 FEE IS DEPENDED ON THE 1790 00:57:10,226 --> 00:57:11,060 DEFINITIONS OF TAXABLE REVENUE 1791 00:57:11,060 --> 00:57:17,700 AND THE B AND O TAX SO IN ORDER 1792 00:57:17,700 --> 00:57:18,535 TO AVOID UNINTENDED 1793 00:57:18,535 --> 00:57:19,202 CONSEQUENCES, THAT CHANGE WOULD 1794 00:57:19,202 --> 00:57:20,136 BE NECESSARY. AND THEN FINALLY 1795 00:57:20,136 --> 00:57:21,538 IT WOULD INCREASE THE B AND O 1796 00:57:21,538 --> 00:57:24,207 TAX RATES TO FUND THE PRIOR TWO 1797 00:57:24,207 --> 00:57:25,041 ADJUSTMENTS AND TO GENERATE 1798 00:57:25,041 --> 00:57:26,576 ADDITIONAL REVENUE. AND WOULD 1799 00:57:26,576 --> 00:57:29,979 DESIGNATE THE DUST OF THOSE 1800 00:57:29,979 --> 00:57:30,814 PROCEEDS, ALL CONTINGENT ON 1801 00:57:30,814 --> 00:57:31,815 VOTER APPROVAL. THE BILL WOULD 1802 00:57:31,815 --> 00:57:35,752 THEN SUBMIT THAT QUESTION IN 1803 00:57:35,752 --> 00:57:39,355 BULLET ONE TO THE NOVEMBER 4th 1804 00:57:39,355 --> 00:57:44,294 SO THIS IS A TYPO ON THE SLIDE, 1805 00:57:44,294 --> 00:57:45,061 NOVEMBER 4th, 2025 GENERAL 1806 00:57:45,061 --> 00:57:46,229 ELECTION FOR THE SEATTLE VOTERS. 1807 00:57:46,229 --> 00:57:47,330 ALL THE CHANGES EMBEDDED IN THE 1808 00:57:47,330 --> 00:57:48,164 PROPOSAL WOULD EFFECTIVE JANUARY 1809 00:57:48,164 --> 00:57:53,736 1st OF 2026 AND THERE IS A KIND 1810 00:57:53,736 --> 00:57:54,771 OF CONTINGENT SUNSET. THERE IS 1811 00:57:54,771 --> 00:57:59,642 AN INITIAL SUNSET DATE OF 1812 00:57:59,642 --> 00:58:00,643 JANUARY 1st, 2030, HOWEVER THAT 1813 00:58:00,643 --> 00:58:01,711 CAN BE EXTENDED FOR AN 1814 00:58:01,711 --> 00:58:04,113 ADDITIONAL FOUR YEARS OF COUNCIL 1815 00:58:04,113 --> 00:58:05,381 APPROVED AN ORDINANCE BY JULY 1816 00:58:05,381 --> 00:58:06,983 31st OF 2029 TO EXTEND IT FOR AN 1817 00:58:06,983 --> 00:58:08,885 ADDITIONAL FOUR YEARS. HOWEVER, 1818 00:58:08,885 --> 00:58:13,523 THAT IS THE ONLY OPTIONAL 1819 00:58:13,523 --> 00:58:14,724 EXEMPTION. IN ANY CASE, THIS TAX 1820 00:58:14,724 --> 00:58:15,892 AND THE REVENUE GENERATED FROM 1821 00:58:15,892 --> 00:58:18,361 IT WOULD SUNSET IN EIGHT YEARS. 1822 00:58:18,361 --> 00:58:22,765 SO I'M GOING TO NOW DIG A BIT 1823 00:58:22,765 --> 00:58:26,269 INTO THE DETAILS OF THE 1824 00:58:26,269 --> 00:58:26,936 RESTRUCTURED PROPOSAL, GOING 1825 00:58:26,936 --> 00:58:28,171 KIND OF IN PEACE THROUGH THE 1826 00:58:28,171 --> 00:58:29,205 DIFFERENT COMPONENTS. THE FIRST 1827 00:58:29,205 --> 00:58:29,405 -- 1828 00:58:29,405 --> 00:58:37,647 >> TOM, JUST ONE -- KEEP GOING, 1829 00:58:37,647 --> 00:58:40,717 THEN COUNCILMEMBER KELLY HAS A 1830 00:58:40,717 --> 00:58:40,950 SECOND. 1831 00:58:40,950 --> 00:58:41,951 >> FIRST PIECE OF THE PROPOSAL 1832 00:58:41,951 --> 00:58:47,957 WOULD BE TO INCREASE THE SMALL 1833 00:58:47,957 --> 00:58:48,625 BUSINESS EXEMPTION THRESHOLD 1834 00:58:48,625 --> 00:58:49,492 FROM $100,000-$2 MILLION. SO 1835 00:58:49,492 --> 00:58:50,627 AGAIN USING THE ACTUAL DATA AT 1836 00:58:50,627 --> 00:58:51,427 HAND, THE FORECAST OFFICE 1837 00:58:51,427 --> 00:58:55,131 ESTIMATED THAT THAT EXEMPT AN 1838 00:58:55,131 --> 00:58:57,000 ADDITIONAL 16,000 TAXPAYERS. SO 1839 00:58:57,000 --> 00:59:01,871 RECALL BACK THAT THERE WAS 1840 00:59:01,871 --> 00:59:02,872 21,000 TOTAL TAXPAYERS IN 2024. 1841 00:59:02,872 --> 00:59:08,444 THIS MOVE WOULD THEN EXEMPT AN 1842 00:59:08,444 --> 00:59:09,279 ADDITIONAL 16,000, MEANING THE 1843 00:59:09,279 --> 00:59:12,015 REMAINING TAXPAYER BASE TO 5000 1844 00:59:12,015 --> 00:59:17,186 TAXPAYERS. THE FORECAST OFFICE 1845 00:59:17,186 --> 00:59:18,254 ESTIMATES THE IMPACT OF THAT 1846 00:59:18,254 --> 00:59:22,091 CHANGE AS ABOUT $28.4 MILLION. 1847 00:59:22,091 --> 00:59:23,393 SO I PUT TOGETHER A TABLE HERE 1848 00:59:23,393 --> 00:59:26,329 OFF TO THE SIDE THAT SHOWS HOW 1849 00:59:26,329 --> 00:59:26,896 THOSE ADDITIONAL EXEMPTED 1850 00:59:26,896 --> 00:59:29,933 BUSINESSES WOULD BREAK DOWN BY 1851 00:59:29,933 --> 00:59:35,371 BUSINESS TYPE SO IT SHOWS THE 1852 00:59:35,371 --> 00:59:36,339 NUMBER OF TAXPAYERS WITHIN EACH 1853 00:59:36,339 --> 00:59:39,442 ONE OF THESE KIND OF GENERAL 1854 00:59:39,442 --> 00:59:40,209 BUSINESS CATEGORY AND WHAT 1855 00:59:40,209 --> 00:59:43,579 PERCENTAGE THAT NUMBER 1856 00:59:43,579 --> 00:59:49,152 REPRESENTS TOTAL TAXPAYERS IN 1857 00:59:49,152 --> 00:59:53,623 THE CITY . JUST PULLING ONE YOU 1858 00:59:53,623 --> 00:59:54,590 COULD SEE FROM RESTAURANTS FOR 1859 00:59:54,590 --> 00:59:55,692 EXAMPLE, THERE WOULD BE AN 1860 00:59:55,692 --> 00:59:56,492 ADDITIONAL 1343 BUSINESSES THAT 1861 00:59:56,492 --> 00:59:57,727 WOULD BE EXEMPT SO NOT PAYING 1862 00:59:57,727 --> 00:59:58,995 TAX AND THAT WOULD REPRESENT 82% 1863 00:59:58,995 --> 01:00:06,769 OF ALL THE TAXPAYERS. SO 1864 01:00:06,769 --> 01:00:07,570 APPROXIMATELY 18 TAXPAYERS WOULD 1865 01:00:07,570 --> 01:00:12,709 BE PAYING SOME LEVEL OF TAX. 1866 01:00:12,709 --> 01:00:13,743 I'LL PAUSE FOR THE QUESTION. 1867 01:00:13,743 --> 01:00:14,577 >> THANK YOU, COUNCILMEMBER 1868 01:00:14,577 --> 01:00:14,811 KETTLE. 1869 01:00:14,811 --> 01:00:16,779 >> THANK YOU TARA STRAUSS, MR. 1870 01:00:16,779 --> 01:00:22,452 MIKESELL, THANK YOU FOR YOUR 1871 01:00:22,452 --> 01:00:23,119 BRIEFING. ACTUALLY MS. 1872 01:00:23,119 --> 01:00:23,720 LABRECQUE, DIRECTOR NOBLE, 1873 01:00:23,720 --> 01:00:24,754 DEPUTY MAYOR WONG AND NOW 1874 01:00:24,754 --> 01:00:26,389 DIRECTOR EDER, WELCOME. MY 1875 01:00:26,389 --> 01:00:28,858 QUESTION IS IT'S PLAYING OFF 1876 01:00:28,858 --> 01:00:30,226 THE PUBLIC COMMENT AND I REALLY 1877 01:00:30,226 --> 01:00:31,794 APPRECIATE THE COST PUBLIC 1878 01:00:31,794 --> 01:00:35,431 COMMENT RECEIVED. I ALSO 1879 01:00:35,431 --> 01:00:36,366 APPRECIATE THAT WE GOT SOME 1880 01:00:36,366 --> 01:00:38,568 YOUNG WITNESS TO THE DEMOCRATIC 1881 01:00:38,568 --> 01:00:42,238 ACTION AS IT RELATES TO 1882 01:00:42,238 --> 01:00:42,972 BUSINESS. I'M NOT TALKING ABOUT 1883 01:00:42,972 --> 01:00:47,010 YOU, DON'T WORRY. I REALLY 1884 01:00:47,010 --> 01:00:47,844 APPRECIATE YOU HAVING OUR NAP 1885 01:00:47,844 --> 01:00:53,449 RECORDS REPRESENT TO INCLUDE 1886 01:00:53,449 --> 01:00:56,052 WALLINGFORD AND THAT WAS AN 1887 01:00:56,052 --> 01:00:56,486 IMPORTANT QUESTION 1888 01:00:56,486 --> 01:00:57,220 CONSIDERATION. MY QUESTION NOW 1889 01:00:57,220 --> 01:00:58,354 RELATES TO MR. WASSERMAN, WHO 1890 01:00:58,354 --> 01:01:03,192 HAS NOW LEFT. GIVEN THE FACT WE 1891 01:01:03,192 --> 01:01:04,427 ARE A PORT CITY, MARITIME, WE 1892 01:01:04,427 --> 01:01:08,931 HAVE INDUSTRIAL MARITIME, THANK 1893 01:01:08,931 --> 01:01:10,166 YOU CHAIR, BIG SECTIONS OF OUR 1894 01:01:10,166 --> 01:01:12,502 CITY THAT ARE MARITIME. THERE IS 1895 01:01:12,502 --> 01:01:14,670 NO MARITIME BUSINESS TYPE AND 1896 01:01:14,670 --> 01:01:20,610 I'M CURIOUS IS THIS PART TRADE, 1897 01:01:20,610 --> 01:01:21,611 IS IT CONSIDERED MARITIME 1898 01:01:21,611 --> 01:01:22,178 MANUFACTURING, CONSIDERED 1899 01:01:22,178 --> 01:01:24,914 MARITIME MANUFACTURING? KIND OF 1900 01:01:24,914 --> 01:01:25,948 JUST POPS PARTICULARLY WITH MR. 1901 01:01:25,948 --> 01:01:31,587 WASSERMAN'S QUESTION AND POINT 1902 01:01:31,587 --> 01:01:33,089 THAT MARITIME IS NOT REALLY 1903 01:01:33,089 --> 01:01:34,090 INCLUDED AS A BUSINESS TYPE, 1904 01:01:34,090 --> 01:01:35,458 GIVEN THE FACT THAT WE ARE ONE 1905 01:01:35,458 --> 01:01:36,492 OF THE NATION'S MAJOR PORT 1906 01:01:36,492 --> 01:01:36,726 CITIES. 1907 01:01:36,726 --> 01:01:37,994 >> THAT'S A GREAT QUESTION. SO 1908 01:01:37,994 --> 01:01:43,066 IN DISCUSSIONS WITH OFFICE OF 1909 01:01:43,066 --> 01:01:43,900 CITY FINANCE TAX ADMINISTRATION 1910 01:01:43,900 --> 01:01:47,370 DIVISION, THE ACTIVITIES AT THE 1911 01:01:47,370 --> 01:01:49,439 PORT CAN ENCOMPASS A BROAD RANGE 1912 01:01:49,439 --> 01:01:51,908 OF BUSINESS ACTIVITIES THAT ARE 1913 01:01:51,908 --> 01:01:55,711 CAPTURED. THEY CAN -- SO IT'S 1914 01:01:55,711 --> 01:02:00,249 NOT JUST ONE SPECIFIC DISMISSED 1915 01:02:00,249 --> 01:02:01,117 DEFINITION. IT'S MORE OF A 1916 01:02:01,117 --> 01:02:01,951 COLLECTION OF DIFFERENT BUSINESS 1917 01:02:01,951 --> 01:02:02,752 DEFINITIONS. THE ACTUAL TAX 1918 01:02:02,752 --> 01:02:05,054 RETURN THAT A TAXPAYER WOULD BE 1919 01:02:05,054 --> 01:02:05,922 FILLING OUT WOULD ACTUALLY 1920 01:02:05,922 --> 01:02:06,722 INCLUDE ALL THOSE VARIOUS 1921 01:02:06,722 --> 01:02:10,359 REVENUE STREAMS WITHIN THAT SO 1922 01:02:10,359 --> 01:02:11,561 IT'S NOT -- IT DOESN'T FIT 1923 01:02:11,561 --> 01:02:20,570 SQUARELY IN ONE SPECIFIC TAX 1924 01:02:20,570 --> 01:02:23,639 SECTOR IN TERMS OF BUSINESS 1925 01:02:23,639 --> 01:02:24,907 TYPE. I DON'T KNOW IF THAT 1926 01:02:24,907 --> 01:02:25,842 ANSWERS THE QUESTION BUT IT'S 1927 01:02:25,842 --> 01:02:27,076 KIND OF INTO THE COMPLEXITY OF 1928 01:02:27,076 --> 01:02:28,044 HOW THE RETURN IS FILED. 1929 01:02:28,044 --> 01:02:29,345 >> I UNDERSTAND YOUR ANSWER. AT 1930 01:02:29,345 --> 01:02:30,446 THE SAME TIME I'M ALMOST 1931 01:02:30,446 --> 01:02:32,682 WANTING TO ASK, MAYBE IT'S A 1932 01:02:32,682 --> 01:02:33,249 COMBINATION OF ASSOCIATION 1933 01:02:33,249 --> 01:02:36,452 SUPPORT, ALL THE PEOPLE THAT 1934 01:02:36,452 --> 01:02:41,090 CHAIR STRAUSS KNOWS BETTER THAN 1935 01:02:41,090 --> 01:02:42,525 I COME TOGETHER AND KIND OF GIVE 1936 01:02:42,525 --> 01:02:43,493 A SNAPSHOT OF THE MARITIME 1937 01:02:43,493 --> 01:02:44,327 WORLD, PULLING THE DIFFERENT 1938 01:02:44,327 --> 01:02:45,795 PIECES, JUST TO HAVE AN 1939 01:02:45,795 --> 01:02:48,531 UNDERSTANDING, IN TERMS OF OUR 1940 01:02:48,531 --> 01:02:50,566 WOULD FOR THE PORT, HOW IT COMES 1941 01:02:50,566 --> 01:02:55,271 IN MAJOR REVENUE SOURCE FOR OUR 1942 01:02:55,271 --> 01:02:56,539 GENERAL FUND, WE SHOULD HAVE AN 1943 01:02:56,539 --> 01:02:57,573 UNDERSTANDING WHAT THE IMPACT IS 1944 01:02:57,573 --> 01:03:04,947 ON OUR MARITIME COMMUNITY. I'LL 1945 01:03:04,947 --> 01:03:07,750 FOLLOW-UP ON TERMS OF HOW TO 1946 01:03:07,750 --> 01:03:08,918 BEST ASK THAT QUESTION AND IT'S 1947 01:03:08,918 --> 01:03:09,952 REALLY A QUESTION FOR THE 1948 01:03:09,952 --> 01:03:10,987 COMMUNITY, TOO. I WELCOME THE 1949 01:03:10,987 --> 01:03:11,788 ASSOCIATION, MR. WASSERMAN AND 1950 01:03:11,788 --> 01:03:17,827 OTHERS TO COME TOGETHER AND KIND 1951 01:03:17,827 --> 01:03:26,536 OF HIGHLIGHT WHAT THE MARITIME 1952 01:03:26,536 --> 01:03:27,336 WORLD IS FROM THEIR PERSPECTIVE. 1953 01:03:27,336 --> 01:03:28,004 THANK YOU, CHAIR. 1954 01:03:28,004 --> 01:03:28,938 >> THANK YOU COUNCILMEMBER 1955 01:03:28,938 --> 01:03:29,906 KELLY. OUR WORKING WATERFRONT IS 1956 01:03:29,906 --> 01:03:31,240 MADE UP OF A VERY DIVERSE NUMBER 1957 01:03:31,240 --> 01:03:32,508 OF SECTORS OF OUR ECONOMY AND 1958 01:03:32,508 --> 01:03:33,543 THAT'S WHAT GIVES IT ITS 1959 01:03:33,543 --> 01:03:34,510 STRENGTH. I SEE COUNCILMEMBER 1960 01:03:34,510 --> 01:03:41,851 RINCK AND THEN COUNCILMEMBER [ 1961 01:03:41,851 --> 01:03:42,218 INAUDIBLE ] 1962 01:03:42,218 --> 01:03:43,553 >> THANK YOU CHAIR STRAUSS. I 1963 01:03:43,553 --> 01:03:44,387 WANTED TO THANK COUNCILMEMBER 1964 01:03:44,387 --> 01:03:45,521 KETTLE FOR THAT QUESTION AND 1965 01:03:45,521 --> 01:03:46,789 BUILDING UPON THAT, I WANT TO 1966 01:03:46,789 --> 01:03:47,790 ASK IF TOM COULD ELABORATE ABOUT 1967 01:03:47,790 --> 01:03:49,025 SOME OF THE PARAMETERS THAT WE 1968 01:03:49,025 --> 01:03:50,459 NEED TO ABIDE BY BASED ON THE 1969 01:03:50,459 --> 01:03:55,464 STATE AND HOW CURRENTLY WITH, 1970 01:03:55,464 --> 01:03:56,666 YOU KNOW, THIS IS SOMETHING THAT 1971 01:03:56,666 --> 01:03:58,534 THE STATE HAS A B AND O TAX AND 1972 01:03:58,534 --> 01:03:59,602 THEN AUTHORIZES THE EMPOWERED 1973 01:03:59,602 --> 01:04:00,970 CITIES TO BE ABLE TO LEVY THEIR 1974 01:04:00,970 --> 01:04:07,410 OWN B AND O BUT JURISDICTIONS 1975 01:04:07,410 --> 01:04:08,344 ARE LIMITED IN TERMS OF HOW 1976 01:04:08,344 --> 01:04:09,412 THEY'RE ABLE TO CREATE ITS 1977 01:04:09,412 --> 01:04:10,813 ABILITY WITHIN B AND O. SO I'M 1978 01:04:10,813 --> 01:04:12,048 WONDERING IF YOU COULD SPEAK TO 1979 01:04:12,048 --> 01:04:13,916 A LITTLE BIT OF THAT AND THE SET 1980 01:04:13,916 --> 01:04:15,017 CATEGORIES THAT THE STATE KIND 1981 01:04:15,017 --> 01:04:15,985 OF REQUIRES US TO OPERATE 1982 01:04:15,985 --> 01:04:16,219 WITHIN. 1983 01:04:16,219 --> 01:04:17,653 >> I THANK YOU FOR THE QUESTION. 1984 01:04:17,653 --> 01:04:21,290 COUNCILMEMBER RINCK. SO IT IS 1985 01:04:21,290 --> 01:04:22,925 ACCURATE .SO THE B AND O TAX IS 1986 01:04:22,925 --> 01:04:26,996 A STATE TAX THAT CITIES ARE 1987 01:04:26,996 --> 01:04:30,600 AUTHORIZED TO LEVY. ONE OF THE 1988 01:04:30,600 --> 01:04:35,004 FEATURES THAT IS PART OF THAT 1989 01:04:35,004 --> 01:04:38,174 KIND OF BROAD STATE APPROACH IS 1990 01:04:38,174 --> 01:04:39,308 WHAT'S CALLED THE MODEL TAX 1991 01:04:39,308 --> 01:04:40,009 ORDINANCE. SO ESSENTIALLY CITIES 1992 01:04:40,009 --> 01:04:44,680 THAT HAVE THIS TYPE OF A TAX ALL 1993 01:04:44,680 --> 01:04:45,982 HAVE AGREED TO THIS KIND OF 1994 01:04:45,982 --> 01:04:47,483 STRUCTURAL AND ORGANIZATION 1995 01:04:47,483 --> 01:04:50,653 WHEREBY THE DIFFERENT TAX 1996 01:04:50,653 --> 01:04:53,256 STRUCTURES THAT WE IMPOSE IN 1997 01:04:53,256 --> 01:04:54,156 DIFFERENT CITIES ACROSS THE 1998 01:04:54,156 --> 01:04:56,459 STATE ALL HAVE KIND OF THE 1999 01:04:56,459 --> 01:05:01,430 GENERAL SIMILAR FACETS SO THAT 2000 01:05:01,430 --> 01:05:02,498 IS KIND OF THE HIGH-LEVEL 2001 01:05:02,498 --> 01:05:09,272 CONSTRAINT. I DON'T HAVE IT AT 2002 01:05:09,272 --> 01:05:10,239 MY FINGERTIPS ALL THOSE SPECIFIC 2003 01:05:10,239 --> 01:05:11,574 THINGS BUT IT COMES DOWN TO 2004 01:05:11,574 --> 01:05:12,275 ISSUES OF UNIFORMITY OF TAX 2005 01:05:12,275 --> 01:05:13,109 TREATMENT, SO THAT'S ONE 2006 01:05:13,109 --> 01:05:16,145 PROVISION WHERE LIKE GOING BACK 2007 01:05:16,145 --> 01:05:17,513 TO THE RATES THAT I SHOWED YOU 2008 01:05:17,513 --> 01:05:18,981 THAT ANY BUSINESS THAT IS IN THE 2009 01:05:18,981 --> 01:05:21,584 RETAIL SALES AND SERVICE HAS TO 2010 01:05:21,584 --> 01:05:22,852 BE ASSESSED A UNIFORM RATE. SO 2011 01:05:22,852 --> 01:05:26,722 THAT'S KIND OF ONE OF THOSE 2012 01:05:26,722 --> 01:05:27,923 COMMON FEATURES OF THE MODEL TAX 2013 01:05:27,923 --> 01:05:29,358 THAT WE HAVE TO ABIDE BY, ALL 2014 01:05:29,358 --> 01:05:31,427 CITIES IN THE STATE DO. AND THEN 2015 01:05:31,427 --> 01:05:33,863 THE KIND OF DEFINITIONS OF 2016 01:05:33,863 --> 01:05:34,664 DIFFERENT THINGS WHERE THEY 2017 01:05:34,664 --> 01:05:38,734 APPLY. SO FOR EXAMPLE I CITED 2018 01:05:38,734 --> 01:05:40,569 THE SENATE BILL 2015 WHERE THEY 2019 01:05:40,569 --> 01:05:45,741 MADE SOME CHANGES OF HOW 2020 01:05:45,741 --> 01:05:46,709 BUSINESSES ARE -- HOW DIFFERENT 2021 01:05:46,709 --> 01:05:47,510 TYPES OF BUSINESS REVENUE 2022 01:05:47,510 --> 01:05:50,947 ACTIVITIES, SO BASICALLY TECH, 2023 01:05:50,947 --> 01:05:52,181 IN THIS PARTICULAR CASE IT WAS 2024 01:05:52,181 --> 01:05:53,816 SOME TYPE OF TECH SERVICES HAVE 2025 01:05:53,816 --> 01:05:58,688 BEEN NOW CLASSIFIED BY THE STATE 2026 01:05:58,688 --> 01:05:59,689 AS RETAIL. SERVICES INSTEAD. SO 2027 01:05:59,689 --> 01:06:00,956 THERE ARE DIFFERENT RATE IMPACTS 2028 01:06:00,956 --> 01:06:02,124 FOR THAT. SO THOSE TYPE OF 2029 01:06:02,124 --> 01:06:03,392 CHANGES THAT HAPPEN AT THE STATE 2030 01:06:03,392 --> 01:06:06,495 LEVEL TRANSLATE DOWN TO ALL THE 2031 01:06:06,495 --> 01:06:07,463 VARIOUS CITIES THROUGH THE KIND 2032 01:06:07,463 --> 01:06:10,232 OF MODEL TAX ORDINANCE APPROACH. 2033 01:06:10,232 --> 01:06:16,439 IT IS A CONSTRAINT, WE AS A CITY 2034 01:06:16,439 --> 01:06:17,640 WE DO HAVE SOME FLEXIBILITY IN 2035 01:06:17,640 --> 01:06:20,076 TERMS OF DEDUCTIONS AND 2036 01:06:20,076 --> 01:06:24,580 EXEMPTIONS AND CREDITS THAT CAN 2037 01:06:24,580 --> 01:06:25,648 BE APPLIED SO THEY DON'T 2038 01:06:25,648 --> 01:06:26,449 IMPINGE UPON UNIFORMITY OF 2039 01:06:26,449 --> 01:06:27,650 THINGS OF THAT NATURE SO THAT'S 2040 01:06:27,650 --> 01:06:32,955 KIND OF A VERY HIGH LEVEL VIEW 2041 01:06:32,955 --> 01:06:34,156 OF HOW WE WORK WITHIN THAT 2042 01:06:34,156 --> 01:06:34,390 SYSTEM. 2043 01:06:34,390 --> 01:06:35,191 >> THANK YOU COUNCILMEMBER 2044 01:06:35,191 --> 01:06:39,261 RINCK. ANY FURTHER QUESTIONS? 2045 01:06:39,261 --> 01:06:40,496 >> THANK YOU FOR THAT, CHAIR. 2046 01:06:40,496 --> 01:06:42,031 AND THANK YOU FOR THAT 2047 01:06:42,031 --> 01:06:42,798 EXPLANATION, TOM AND COLLEAGUES. 2048 01:06:42,798 --> 01:06:44,934 I WANTED TO ELEVATE THAT POINT 2049 01:06:44,934 --> 01:06:52,675 BECAUSE WE HEARD THROUGH THIS 2050 01:06:52,675 --> 01:06:53,509 EDUCATION PROCESS ASKING IF 2051 01:06:53,509 --> 01:06:54,377 THERE WERE OPPORTUNITIES TO 2052 01:06:54,377 --> 01:06:55,144 EXEMPT GROCERY STORES, FOR 2053 01:06:55,144 --> 01:06:55,778 EXAMPLE, BUT UNDERSTANDING 2054 01:06:55,778 --> 01:06:56,779 BECAUSE OF THE LIMITATIONS ON 2055 01:06:56,779 --> 01:07:00,649 THE STATE LEVEL TO EXEMPT 2056 01:07:00,649 --> 01:07:01,650 GROCERY STORES, WE HAVE TO 2057 01:07:01,650 --> 01:07:02,685 EXEMPT ALL OF THE RETAIL 2058 01:07:02,685 --> 01:07:04,120 CATEGORY. SO I BRING THIS UP AS 2059 01:07:04,120 --> 01:07:05,388 JUST A CONSTRAINT IN TERMS OF 2060 01:07:05,388 --> 01:07:09,859 WHAT WE ARE ABLE TO DO ON THE 2061 01:07:09,859 --> 01:07:11,027 LOCAL LEVEL AND IN TERMS OF 2062 01:07:11,027 --> 01:07:11,894 OPERATING WITHIN THE PARAMETERS 2063 01:07:11,894 --> 01:07:13,095 SET BY THE STATE AND CERTAINLY 2064 01:07:13,095 --> 01:07:13,929 WELCOME A CONVERSATION, TOO, 2065 01:07:13,929 --> 01:07:15,164 WITH OUR PARTNERS OF THE STATE, 2066 01:07:15,164 --> 01:07:16,432 ABOUT HOW WE CAN TAILOR AND 2067 01:07:16,432 --> 01:07:17,400 ADJUST AND HAVE MORE FLEXIBILITY 2068 01:07:17,400 --> 01:07:22,772 WITH THIS TAX IN PARTICULAR. SO 2069 01:07:22,772 --> 01:07:23,973 I WANT TO ELEVATE THAT POINT. 2070 01:07:23,973 --> 01:07:24,774 >> THANK YOU COUNCILMEMBER 2071 01:07:24,774 --> 01:07:25,374 RINCK. COUNCILMEMBER SOLOMON 2072 01:07:25,374 --> 01:07:30,346 FOLLOWED COUNCILMEMBER NELSON. 2073 01:07:30,346 --> 01:07:31,414 >> ACTUALLY A POINT OF 2074 01:07:31,414 --> 01:07:32,148 CLARIFICATION THAT CHAIR STRAUSS 2075 01:07:32,148 --> 01:07:33,616 ALLUDED TO, IF YOU GO BACK TO 2076 01:07:33,616 --> 01:07:34,750 SLIDE TWO, WHAT I'M TRYING TO 2077 01:07:34,750 --> 01:07:36,385 GET A SENSE OF IS LOOKING AT THE 2078 01:07:36,385 --> 01:07:37,386 DIFFERENT RATES WHERE YOU HAVE 2079 01:07:37,386 --> 01:07:41,257 SALES AND SERVICES AND OTHER 2080 01:07:41,257 --> 01:07:42,258 SERVICES AGAIN IS ONE CATEGORY 2081 01:07:42,258 --> 01:07:46,395 THAT PROFESSIONAL AND BUSINESS 2082 01:07:46,395 --> 01:07:52,501 SERVICES AND RETAIL SERVICES, IS 2083 01:07:52,501 --> 01:07:54,070 THAT WE ARE IT'S KIND OF BROKEN 2084 01:07:54,070 --> 01:07:55,571 UP? I JUST WANT TO GIVE A SENSE 2085 01:07:55,571 --> 01:07:56,338 OF WHERE THAT IS. 2086 01:07:56,338 --> 01:08:01,043 >> IN GENERAL, YES. MADE THROUGH 2087 01:08:01,043 --> 01:08:01,877 THE ADMINISTRATIVE PROCESS TO 2088 01:08:01,877 --> 01:08:02,878 DETERMINE WHETHER OR NOT A 2089 01:08:02,878 --> 01:08:06,348 TAXPAYER REPORTING INDEED 2090 01:08:06,348 --> 01:08:07,349 CORRECT WAY, THAT'S KIND OF 2091 01:08:07,349 --> 01:08:08,184 THROUGH THE TAX ADMINISTRATION 2092 01:08:08,184 --> 01:08:12,421 AND AUDIT PROCESS. BUT IT'S 2093 01:08:12,421 --> 01:08:13,556 BASICALLY IF SOMETHING IS GOING 2094 01:08:13,556 --> 01:08:15,090 TO BE SOLD AS A POINT OF SALE, 2095 01:08:15,090 --> 01:08:17,159 THEN IT'S LARGELY CONSIDERED 2096 01:08:17,159 --> 01:08:18,194 RETAIL. IF SOMETHING IS BEING 2097 01:08:18,194 --> 01:08:23,499 PROVIDED ON AN HOURLY BASIS AND 2098 01:08:23,499 --> 01:08:24,934 THEN YOU KIND OF GET AN INVOICE 2099 01:08:24,934 --> 01:08:26,402 AT THE END, THAT'S MORE CLOSELY 2100 01:08:26,402 --> 01:08:26,936 CONSIDERED A SERVICE. 2101 01:08:26,936 --> 01:08:36,779 >> AND FOR THAT, WHICH -- WHAT 2102 01:08:36,779 --> 01:08:37,780 DO THOSE SERVICES -- I'M TRYING 2103 01:08:37,780 --> 01:08:38,981 TO FIGURE OUT WHAT DO THOSE 2104 01:08:38,981 --> 01:08:39,682 PROFESSIONAL SERVICES, THOSE 2105 01:08:39,682 --> 01:08:40,549 CONTRACTS, THE HOURLY BILLING 2106 01:08:40,549 --> 01:08:41,684 STUFF, WHERE DOES THAT FIT ON 2107 01:08:41,684 --> 01:08:42,051 THIS CHART? 2108 01:08:42,051 --> 01:08:43,752 >> THIS WOULD FIT ON THE DECK OF 2109 01:08:43,752 --> 01:08:46,622 4 TO 7% RATE. 2110 01:08:46,622 --> 01:08:47,790 >> THAT'S CLARITY I WAS LOOKING 2111 01:08:47,790 --> 01:08:50,326 FOR SO THANK YOU VERY MUCH. 2112 01:08:50,326 --> 01:08:52,294 LASTLY IN RELATION TO THE 2113 01:08:52,294 --> 01:08:56,632 SPONSORS COMMENT ABOUT GROCERY, 2114 01:08:56,632 --> 01:09:01,537 BEEN GETTING SOME INFORMATION 2115 01:09:01,537 --> 01:09:02,438 FROM WASHINGTON FOOD INDUSTRY 2116 01:09:02,438 --> 01:09:03,172 WHICH REPRESENTS SMALL GROCERS, 2117 01:09:03,172 --> 01:09:04,173 LOCALLY OWNED GROCERS, AND WHILE 2118 01:09:04,173 --> 01:09:07,810 ON THE STATE THE GROCERS ARE 2119 01:09:07,810 --> 01:09:12,515 EXEMPT FROM B AND O . 2120 01:09:12,515 --> 01:09:15,818 WHOLESALERS ARE NOT AND THAT 2121 01:09:15,818 --> 01:09:16,619 WOULD INCLUDE THOSE SMALL, 2122 01:09:16,619 --> 01:09:21,957 LOCALLY OWNED GROCERS SO JUST 2123 01:09:21,957 --> 01:09:22,925 LOOKING AT HAS THERE BEEN 2124 01:09:22,925 --> 01:09:23,792 CONSIDERATION FOR OUR SMALL MOM 2125 01:09:23,792 --> 01:09:27,930 AND POP SHOPS HERE, AS RELATED 2126 01:09:27,930 --> 01:09:29,765 TO WHAT WE ARE TRYING TO DO 2127 01:09:29,765 --> 01:09:32,568 OVERALL RELATED TO THIS. AGAIN 2128 01:09:32,568 --> 01:09:35,971 JUST MAKING SURE THAT WE DON'T 2129 01:09:35,971 --> 01:09:37,072 HAVE ANY IMPACTS ON OUR SMALL 2130 01:09:37,072 --> 01:09:43,045 LOCALLY OWNED GROCERS. 2131 01:09:43,045 --> 01:09:45,247 >> I APOLOGIZE, COUNCILMEMBER. I 2132 01:09:45,247 --> 01:09:46,048 DIDN'T QUITE FOLLOW THE 2133 01:09:46,048 --> 01:09:46,315 QUESTION. 2134 01:09:46,315 --> 01:09:49,752 >> AGAIN, JUST LOOKING AT -- I 2135 01:09:49,752 --> 01:09:50,986 WAS GOING TO SAY WE ARE 2136 01:09:50,986 --> 01:09:51,820 RECEIVING INFORMATION, I THINK 2137 01:09:51,820 --> 01:09:53,389 WE ALL HAVE, FROM WASHINGTON 2138 01:09:53,389 --> 01:09:58,127 FOOD INDUSTRY, WHO REPRESENTS 2139 01:09:58,127 --> 01:09:58,928 SMALL, LOCALLY OWNED GROCERS, 2140 01:09:58,928 --> 01:09:59,962 MANY OF WHOM ARE CONSIDERED 2141 01:09:59,962 --> 01:10:03,866 WHOLESALERS. AND WHILE GROCERS 2142 01:10:03,866 --> 01:10:05,601 ARE EXEMPT FROM B AND O ON THE 2143 01:10:05,601 --> 01:10:06,468 STATE LEVEL, WHOLESALERS, FOOD 2144 01:10:06,468 --> 01:10:08,404 WHOLESALERS ARE NOT AND THAT'S 2145 01:10:08,404 --> 01:10:13,242 WHAT I'M TRYING TO GET AT, IS 2146 01:10:13,242 --> 01:10:14,677 ARE WE LOOKING AT THE IMPACTS OF 2147 01:10:14,677 --> 01:10:15,844 WHAT WE'RE TRYING TO DO ON 2148 01:10:15,844 --> 01:10:20,983 THOSE SMALL INDEPENDENT GROCERS? 2149 01:10:21,116 --> 01:10:21,984 >> OKAY. I APPRECIATE THE 2150 01:10:21,984 --> 01:10:24,920 QUESTION. SO I WOULD SAY SO WE 2151 01:10:24,920 --> 01:10:28,290 CAN'T OBVIOUSLY CHANGE THE 2152 01:10:28,290 --> 01:10:29,725 STATE'S EXEMPTIONS WHICH THEY 2153 01:10:29,725 --> 01:10:40,169 HAVE PROVIDED AND KIND OF 2154 01:10:43,305 --> 01:10:44,273 PULLING BACK TO THE UNIFORMITY 2155 01:10:44,273 --> 01:10:45,007 DISCUSSION ABOUT RETAIL, WE 2156 01:10:45,007 --> 01:10:46,075 DON'T REALLY HAVE THE ABILITY 2157 01:10:46,075 --> 01:10:47,476 TO MAKE OUR OWN -- EVEN THOUGH 2158 01:10:47,476 --> 01:10:48,911 WE DO HAVE SOME ABILITY TO GIVE 2159 01:10:48,911 --> 01:10:49,478 DEDUCTIONS, EXEMPTIONS, AND 2160 01:10:49,478 --> 01:10:50,546 CREDITS WITHIN THE RETAIL SPACE, 2161 01:10:50,546 --> 01:10:51,714 EVEN THE KIND OF UNIFORM RATE 2162 01:10:51,714 --> 01:10:52,548 APPLICATION AND MODEL TAX 2163 01:10:52,548 --> 01:10:53,549 ORDINANCE, WE DON'T HAVE THE 2164 01:10:53,549 --> 01:10:54,617 ABILITY TO MAKE THOSE SPECIFIC 2165 01:10:54,617 --> 01:10:55,150 TARGETED ADJUSTMENTS FOR 2166 01:10:55,150 --> 01:10:57,620 ANYTHING THAT FALLS WITHIN THE 2167 01:10:57,620 --> 01:10:58,454 RETAIL CATEGORY. IF THEY'RE 2168 01:10:58,454 --> 01:11:01,924 FALLING WITHIN THE WHOLESALER 2169 01:11:01,924 --> 01:11:03,025 CATEGORY, THEN THERE MIGHT BE 2170 01:11:03,025 --> 01:11:04,026 SOME OPTIONS TO CONSIDER AND 2171 01:11:04,026 --> 01:11:07,997 LOOK AT BUT I WOULDN'T -- YOU 2172 01:11:07,997 --> 01:11:09,231 HAVE TO KIND OF KNOW THE 2173 01:11:09,231 --> 01:11:15,871 SPECIFIC TAXPAYERS BUSINESS 2174 01:11:15,871 --> 01:11:17,673 SPECIFICS WHICH OF COURSE IS 2175 01:11:17,673 --> 01:11:18,674 CONFIDENTIAL, SO WE DON'T HAVE 2176 01:11:18,674 --> 01:11:20,242 A. SO WE CAN'T REALLY TELL ON A 2177 01:11:20,242 --> 01:11:22,244 TAXPAYER BY TAXPAYER BASIS BUT 2178 01:11:22,244 --> 01:11:23,279 WE CAN LOOK AT THE BROAD 2179 01:11:23,279 --> 01:11:24,346 CONTOURS OF OUR ABILITY WITHIN 2180 01:11:24,346 --> 01:11:25,180 WORKING WITHIN THE UNIFORMITY 2181 01:11:25,180 --> 01:11:27,149 CONSTRAINT TO SEE IF THERE ARE 2182 01:11:27,149 --> 01:11:28,217 CASES IN WHOLESALING WHERE AN 2183 01:11:28,217 --> 01:11:36,792 EXEMPTION COULD BE PROVIDED. 2184 01:11:36,792 --> 01:11:37,559 >> THANK YOU. 2185 01:11:37,559 --> 01:11:38,227 >> THANK YOU COUNCILMEMBER 2186 01:11:38,227 --> 01:11:38,794 SOLOMON. COUNCIL PRESIDENT 2187 01:11:38,794 --> 01:11:39,662 NELSON FOLLOWED BY COUNCILMEMBER 2188 01:11:39,662 --> 01:11:39,895 RIVERA. 2189 01:11:39,895 --> 01:11:41,030 >> THANK YOU VERY MUCH. I 2190 01:11:41,030 --> 01:11:47,069 BELIEVE THIS IS PROBABLY MORE A 2191 01:11:47,069 --> 01:11:49,605 QUESTION TO DM WONG AND ALSO 2192 01:11:49,605 --> 01:11:50,539 COUNCILMEMBER RINCK BUT THE 2193 01:11:50,539 --> 01:11:51,874 TABLE CAN ANSWER IT. AT THE FNC 2194 01:11:51,874 --> 01:11:53,475 MEETING ON JULY 2nd , WHEN THIS 2195 01:11:53,475 --> 01:11:54,376 CONCEPT WAS DISCUSSED, I ASKED 2196 01:11:54,376 --> 01:11:55,377 WHAT OUTREACH HAD BEEN PERFORMED 2197 01:11:55,377 --> 01:11:58,847 BY TWO SMALL BUSINESSES AND I 2198 01:11:58,847 --> 01:12:02,685 ASKED THAT QUESTION BECAUSE THE 2199 01:12:02,685 --> 01:12:04,086 GSC BA HAD JUST COME OUT WITH 2200 01:12:04,086 --> 01:12:08,757 THEIR POSITION IN OPPOSITION AND 2201 01:12:08,757 --> 01:12:09,792 THEY ARE THE LARGEST SMALL 2202 01:12:09,792 --> 01:12:10,359 BUSINESS ASSOCIATION IN 2203 01:12:10,359 --> 01:12:15,631 WASHINGTON STATE, IF NOT 2204 01:12:15,631 --> 01:12:16,632 MULTIPLE STATES. AND I REMINDED 2205 01:12:16,632 --> 01:12:17,700 THE EXECUTIVE AND CENTRAL STAFF 2206 01:12:17,700 --> 01:12:18,834 THAT I WAS INTERESTED IN HAVING 2207 01:12:18,834 --> 01:12:20,803 THIS INFORMATION SPECIFICALLY 2208 01:12:20,803 --> 01:12:21,804 WHICH BUSINESSES HAVE YOU TALKED 2209 01:12:21,804 --> 01:12:22,638 TO, WHICH BUSINESS ORGANIZATIONS 2210 01:12:22,638 --> 01:12:23,639 HAVE YOU CONFERRED WITH TO 2211 01:12:23,639 --> 01:12:25,874 REALLY GET THEIR INPUT ON THE 2212 01:12:25,874 --> 01:12:34,350 PACKAGE AS A WHOLE. SO I ASKED 2213 01:12:34,350 --> 01:12:35,684 THAT BY EMAIL ON THE SEVENTH OF 2214 01:12:35,684 --> 01:12:37,119 JULY AND STILL HAVE NOT GOTTEN A 2215 01:12:37,119 --> 01:12:38,287 RESPONSE. SO WHEN WILL I GET 2216 01:12:38,287 --> 01:12:39,121 INFORMATION ABOUT THE OUTREACH 2217 01:12:39,121 --> 01:12:40,189 THAT HAD BEEN PERFORMED, AND 2218 01:12:40,189 --> 01:12:41,190 HERE'S WHY I'M ASKING. NOW 2219 01:12:41,190 --> 01:12:43,992 I'M SPEAKING MORE AS COUNCIL 2220 01:12:43,992 --> 01:12:45,227 PRESIDENT TO SAY THAT THE TIMING 2221 01:12:45,227 --> 01:12:50,966 OF THIS IS REALLY DIFFICULT 2222 01:12:50,966 --> 01:12:53,068 BECAUSE OUR COMMITTEES, 2223 01:12:53,068 --> 01:12:53,902 COUNCILMEMBERS AND CENTRAL STAFF 2224 01:12:53,902 --> 01:12:54,737 ARE RUSHING TO FINISH 2225 01:12:54,737 --> 01:12:55,471 LEGISLATION THAT'S IN THE 2226 01:12:55,471 --> 01:12:56,505 PIPELINE BEFORE RECESS OR AT 2227 01:12:56,505 --> 01:12:58,107 LEAST BEFORE BUDGET AND THAT'S 2228 01:12:58,107 --> 01:12:59,541 A LOT OF WORK IN ITSELF, AND 2229 01:12:59,541 --> 01:13:08,016 THEN WE'VE GOT THE COMP PLAN ON 2230 01:13:08,016 --> 01:13:09,918 OUR HANDS AND THAT IS A LOT OF 2231 01:13:09,918 --> 01:13:10,619 OUTREACH TO NEIGHBORHOOD GROUPS 2232 01:13:10,619 --> 01:13:11,754 AND STAKEHOLDERS, AND ALSO OF 2233 01:13:11,754 --> 01:13:13,021 COURSE WE GOT A VACANCY TO FILL 2234 01:13:13,021 --> 01:13:14,390 IN ALL OF THIS REQUIRES EITHER A 2235 01:13:14,390 --> 01:13:15,457 LOT OF ONE-ON-ONE GROUP BOARD 2236 01:13:15,457 --> 01:13:17,893 MEETINGS OFFSITE OR IN 2237 01:13:17,893 --> 01:13:19,328 COMMUNITY. THAT IS A LOT OF TIME 2238 01:13:19,328 --> 01:13:24,700 AND NOW WE ARE BEING PASSED WITH 2239 01:13:24,700 --> 01:13:25,868 EVALUATING A PROPOSAL TO END -- 2240 01:13:25,868 --> 01:13:27,736 WE NEED TO CONFIRM AND DO OUR 2241 01:13:27,736 --> 01:13:28,904 DUE DILIGENCE BUT CONFIRM AS YOU 2242 01:13:28,904 --> 01:13:29,772 JUST SAID, DEPUTY MAYOR WONG, 2243 01:13:29,772 --> 01:13:30,806 THAT IT STRIKES THE RIGHT 2244 01:13:30,806 --> 01:13:34,476 BALANCE. SO WE NEED TO DO OUR 2245 01:13:34,476 --> 01:13:37,346 DUE DILIGENCE AND THE TIME IS 2246 01:13:37,346 --> 01:13:39,581 SHORT. AND WE HAVE A BALLOT 2247 01:13:39,581 --> 01:13:42,818 MEASURE SORT OF ON OUR PLATES AT 2248 01:13:42,818 --> 01:13:47,022 THE LAST MINUTE. SO CAN YOU LET 2249 01:13:47,022 --> 01:13:50,159 US KNOW WHEN WE WILL BE GETTING 2250 01:13:50,159 --> 01:13:51,026 THAT INFORMATION? AND THIS 2251 01:13:51,026 --> 01:13:56,899 QUESTION ALSO APPLIES TO 2252 01:13:56,899 --> 01:13:57,699 COUNCILMEMBER RINCK, THAT I 2253 01:13:57,699 --> 01:13:59,168 WOULD LIKE TO BE ABLE TO CHECK 2254 01:13:59,168 --> 01:14:00,035 OFF ORGANIZATIONS THAT HAVE 2255 01:14:00,035 --> 01:14:01,603 ALREADY BEEN MET WITH SO THAT I 2256 01:14:01,603 --> 01:14:02,938 CAN PICK HOW TO TARGET MY 2257 01:14:02,938 --> 01:14:05,107 COMMUNICATIONS GOING FORWARD. 2258 01:14:05,107 --> 01:14:07,743 >> THANK YOU COUNCIL PRESIDENT 2259 01:14:07,743 --> 01:14:12,047 FOR RAISING THOSE ISSUES AND 2260 01:14:12,047 --> 01:14:13,482 FIRST TO GO TO YOUR ROLE THAT 2261 01:14:13,482 --> 01:14:14,283 YOU MENTIONED AS COUNCIL 2262 01:14:14,283 --> 01:14:15,117 PRESIDENT, VERY MUCH APPRECIATE 2263 01:14:15,117 --> 01:14:18,053 ALL OF THE VERY WEIGHTY AND 2264 01:14:18,053 --> 01:14:18,654 SIGNIFICANT DIFFERENT POLICY 2265 01:14:18,654 --> 01:14:19,388 ISSUES THAT YOU'RE JUGGLING 2266 01:14:19,388 --> 01:14:22,357 RIGHT NOW. AND ACKNOWLEDGE THE 2267 01:14:22,357 --> 01:14:28,764 TIMING IS ONE THAT QUITE FRANKLY 2268 01:14:28,764 --> 01:14:29,965 IDEALLY WOULD BE DONE WITH THE 2269 01:14:29,965 --> 01:14:31,166 BUDGET FOR THIS TYPE OF 2270 01:14:31,166 --> 01:14:32,034 PROPOSAL. WE ARE CONSTRAINED BY 2271 01:14:32,034 --> 01:14:37,506 THE STATE LAW THAT IT HAS TO GO 2272 01:14:37,506 --> 01:14:38,974 TO THE VOTERS AND THAT IS WHAT 2273 01:14:38,974 --> 01:14:40,142 ACCELERATED THE TIMING HERE IN A 2274 01:14:40,142 --> 01:14:41,210 WAY THAT UNFORTUNATELY WAS OUT 2275 01:14:41,210 --> 01:14:42,211 OF OUR CONTROL, BUT ACKNOWLEDGE 2276 01:14:42,211 --> 01:14:43,011 AND APPRECIATE THE ADDITIONAL 2277 01:14:43,011 --> 01:14:44,546 BURDEN THAT PUTS ON THIS COUNCIL 2278 01:14:44,546 --> 01:14:48,050 AND APPRECIATE YOU TAKING THE 2279 01:14:48,050 --> 01:14:49,151 TIME AND CHAIR STRAUSS FOR 2280 01:14:49,151 --> 01:14:50,319 TAKING THE TIME, THREE TIMES AS 2281 01:14:50,319 --> 01:14:56,158 YOU MENTIONED BEFORE. AS TO 2282 01:14:56,158 --> 01:14:58,927 OUTREACH , SO APOLOGIES THAT YOU 2283 01:14:58,927 --> 01:15:00,195 DID NOT GET THAT RESPONSE. MY 2284 01:15:00,195 --> 01:15:01,129 UNDERSTANDING WAS THAT WE HAVE 2285 01:15:01,129 --> 01:15:02,197 RESPONDED TO OUR OFFICE OF 2286 01:15:02,197 --> 01:15:02,998 ECONOMIC DEVELOPMENT. I WILL 2287 01:15:02,998 --> 01:15:04,633 DOUBLE CHECK WITH THAT AND WE'VE 2288 01:15:04,633 --> 01:15:06,168 MET WITH ALL OF THE BIAS. OED 2289 01:15:06,168 --> 01:15:08,904 HAS A QUARTERLY MEETING WITH THE 2290 01:15:08,904 --> 01:15:10,339 BIAS IN TERMS OF GROUPS THAT MAY 2291 01:15:10,339 --> 01:15:16,011 HAVE MULTI MEMBERS. WE'VE MET 2292 01:15:16,011 --> 01:15:17,212 WITH THE CHAMBER. WE HAD A 2293 01:15:17,212 --> 01:15:18,480 CONVERSATION WITH THE GSB A AND 2294 01:15:18,480 --> 01:15:19,448 MY UNDERSTANDING IS THEY HAVE 2295 01:15:19,448 --> 01:15:20,782 NOT ACTUALLY TAKEN A POSITION ON 2296 01:15:20,782 --> 01:15:21,884 THE BILL, WHICH IS WHAT THEY 2297 01:15:21,884 --> 01:15:24,386 EXPRESSED TO US AND THEY WERE 2298 01:15:24,386 --> 01:15:25,187 PULLING MEMBERS CURRENTLY AND 2299 01:15:25,187 --> 01:15:26,622 MAY HAVE A POSITION IN THE NEXT 2300 01:15:26,622 --> 01:15:28,223 WEEK OR SO. AND SO THEY HAD MADE 2301 01:15:28,223 --> 01:15:29,491 AN INITIAL STATEMENT ON THAT BUT 2302 01:15:29,491 --> 01:15:32,361 THAT THEY WERE STILL IN PROCESS 2303 01:15:32,361 --> 01:15:33,729 FOR WHERE THEY ALTERNATELY MAY 2304 01:15:33,729 --> 01:15:41,737 LAND ON IT. AND SO AND THEN 2305 01:15:41,737 --> 01:15:42,571 THERE'S THOUSANDS OF SMALL 2306 01:15:42,571 --> 01:15:43,372 BUSINESSES AND JUST THROUGHOUT 2307 01:15:43,372 --> 01:15:45,240 OUR COMMUNITY MEETINGS, JUST 2308 01:15:45,240 --> 01:15:46,441 RAISING THIS, A LOT OF FOLKS 2309 01:15:46,441 --> 01:15:52,614 HAVE QUESTIONS, I THINK LIKE FOR 2310 01:15:52,614 --> 01:15:53,749 EXAMPLE, ONE OF THE QUESTIONS WE 2311 01:15:53,749 --> 01:15:55,183 GET A LOT IS A LITTLE CONFUSION 2312 01:15:55,183 --> 01:16:00,822 AROUND THE EXCEPTION AND THE 2313 01:16:00,822 --> 01:16:02,357 DEDUCTION . PEOPLE THINK IF I 2314 01:16:02,357 --> 01:16:03,692 MAKE $3 MILLION AND GOING TO BE 2315 01:16:03,692 --> 01:16:04,693 PAYING HIGHER TAXES AND WE 2316 01:16:04,693 --> 01:16:05,527 EXPLAINED, WELL NO, THE 2317 01:16:05,527 --> 01:16:06,762 DEDUCTION GOES UP TO 5.8 IN 2318 01:16:06,762 --> 01:16:07,996 DOLLARS IN EXTRA REVENUE SO YOU 2319 01:16:07,996 --> 01:16:09,031 ACTUALLY BENEFIT FROM THIS BILL 2320 01:16:09,031 --> 01:16:10,299 EVEN THOUGH YOU HAVE 5.8 ALIEN 2321 01:16:10,299 --> 01:16:15,938 DOLLARS ROUGHLY IN GROSS REVENUE 2322 01:16:15,938 --> 01:16:25,614 SO IT'S A LOT OF EXPLAINING OF 2323 01:16:25,614 --> 01:16:26,515 THAT TO OUR COMMUNITY MEETINGS. 2324 01:16:26,648 --> 01:16:27,349 >> TO REPEAT THAT. 2325 01:16:27,349 --> 01:16:28,350 >> ONGOING TO FACILITATE THIS 2326 01:16:28,350 --> 01:16:29,551 MEETING. I WILL LET YOU, COUNCIL 2327 01:16:29,551 --> 01:16:30,619 PRESIDENT, HAVE THE FLOOR UNTIL 2328 01:16:30,619 --> 01:16:31,987 WE ARE DONE BUT I'M GOING TO 2329 01:16:31,987 --> 01:16:33,055 LET THE DEPUTY MAYOR FINISH 2330 01:16:33,055 --> 01:16:34,056 THEIR COMMENTS AND I'LL RETURN 2331 01:16:34,056 --> 01:16:34,856 TO YOU, COUNCIL PRESIDENT. 2332 01:16:34,856 --> 01:16:42,631 >> THANK YOU, CHAIR. SO WE WILL 2333 01:16:42,631 --> 01:16:43,832 FOLLOW UP WITH YOU. I APOLOGIZE 2334 01:16:43,832 --> 01:16:44,967 IF THERE'S SPECIFIC GROUPS YOU 2335 01:16:44,967 --> 01:16:46,268 ARE WONDERING, IF WE TALK TO YOU 2336 01:16:46,268 --> 01:16:47,502 OR NOT OR IF THERE'S SPECIFIC 2337 01:16:47,502 --> 01:16:48,570 BUSINESSES YOU WANT TO KNOW, 2338 01:16:48,570 --> 01:16:49,771 WE'RE HAPPY TO DO THAT BUT 2339 01:16:49,771 --> 01:16:50,772 WE'RE DOING IT MOSTLY THROUGH 2340 01:16:50,772 --> 01:16:51,573 OUR OFFICE OF ECONOMIC 2341 01:16:51,573 --> 01:16:52,574 DEVELOPMENT WHICH HAS MOST OF 2342 01:16:52,574 --> 01:16:53,575 THE RELATIONSHIPS WITH THE SMALL 2343 01:16:53,575 --> 01:16:54,643 BUSINESS COMMUNITY AND HAPPY TO 2344 01:16:54,643 --> 01:16:55,644 HAVE A CONVERSATION WITH YOU 2345 01:16:55,644 --> 01:16:56,645 FURTHER, AND APOLOGIES IF YOU 2346 01:16:56,645 --> 01:16:57,679 DIDN'T GET THAT BACK IN 2347 01:16:57,679 --> 01:16:57,946 WRITING. 2348 01:16:57,946 --> 01:16:59,581 >> COULD YOU REPEAT THE PART 2349 01:16:59,581 --> 01:17:00,782 THAT YOU WERE SAYING THAT WAS 2350 01:17:00,782 --> 01:17:02,217 YOU JUST SAID THAT FAST AND I 2351 01:17:02,217 --> 01:17:03,018 WAS TRYING TO FOLLOW? 2352 01:17:03,018 --> 01:17:06,521 >> SORRY, I SHOULD SLOW DOWN. I 2353 01:17:06,521 --> 01:17:07,522 APPRECIATE THAT AND IF THE 2354 01:17:07,522 --> 01:17:08,890 QUESTION WE GET THE MOST SO IT 2355 01:17:08,890 --> 01:17:10,392 DOES DESERVE A LITTLE BIT OF A 2356 01:17:10,392 --> 01:17:11,193 SLOWER EXPLANATION. SO THERE'S 2357 01:17:11,193 --> 01:17:12,627 A LOT OF NUMBERS THAT GET THROWN 2358 01:17:12,627 --> 01:17:13,996 AROUND WITH THIS BILL AND SO IT 2359 01:17:13,996 --> 01:17:15,330 IS IMPORTANT FOR, I THINK THE 2360 01:17:15,330 --> 01:17:18,033 COMMUNITY, FOR THE BUSINESSES 2361 01:17:18,033 --> 01:17:19,201 AND FOR ALL OF THE POLICYMAKERS 2362 01:17:19,201 --> 01:17:20,168 TO UNDERSTAND THAT THERE'S KIND 2363 01:17:20,168 --> 01:17:24,873 OF TWO GROUPS OF BUSINESSES, 2364 01:17:24,873 --> 01:17:26,074 I'D SAY THAT BENEFIT FROM THIS 2365 01:17:26,074 --> 01:17:27,309 BILL. THE FIRST GROUP IS THOSE 2366 01:17:27,309 --> 01:17:29,978 THAT HAVE GROSS REVENUES UP TO 2367 01:17:29,978 --> 01:17:30,812 $2 MILLION. THAT'S THE 2368 01:17:30,812 --> 01:17:33,248 THRESHOLD THAT TOM AND CENTRAL 2369 01:17:33,248 --> 01:17:33,882 STAFF EXPLAINED. THOSE 2370 01:17:33,882 --> 01:17:36,585 BUSINESSES WERE NO LONGER PAY 2371 01:17:36,585 --> 01:17:41,757 ANY CITY B AND O TAX SO THEY'RE 2372 01:17:41,757 --> 01:17:42,858 ESSENTIALLY DOWN TO ZERO. WE 2373 01:17:42,858 --> 01:17:44,626 ALSO BUILT IN A SEPARATE $2 2374 01:17:44,626 --> 01:17:47,396 MILLION DEDUCTION AND WHAT THAT 2375 01:17:47,396 --> 01:17:48,497 MEANS IS THAT ALL BUSINESSES, 2376 01:17:48,497 --> 01:17:53,168 WHETHER YOU MAKE $3 MILLION OR 2377 01:17:53,168 --> 01:17:54,136 $100 MILLION, GET TO DEDUCT THE 2378 01:17:54,136 --> 01:18:01,410 FIRST $2 MILLION OFF OF THE 2379 01:18:01,410 --> 01:18:03,412 GROSS REVENUES BEFORE PAYING 2380 01:18:03,412 --> 01:18:04,713 THEIR TAXES. SO FOR EXAMPLE, IF 2381 01:18:04,713 --> 01:18:05,881 YOU ARE A $5 MILLION GROSS 2382 01:18:05,881 --> 01:18:06,882 REVENUE BUSINESS, YOU CAN DEDUCT 2383 01:18:06,882 --> 01:18:10,419 $2 MILLION OF YOUR REVENUE AND 2384 01:18:10,419 --> 01:18:11,686 ESSENTIALLY BE TAXED ONLY ON THE 2385 01:18:11,686 --> 01:18:14,489 REMAINING $3 MILLION. THE NET 2386 01:18:14,489 --> 01:18:15,957 RESULT OF THAT IS THERE IS THIS 2387 01:18:15,957 --> 01:18:17,726 TEAR OF BUSINESSES THAT WANT TO 2388 01:18:17,726 --> 01:18:19,561 BE PAYING ZERO TAXES BUT WILL 2389 01:18:19,561 --> 01:18:20,562 ACTUALLY BE PAYING LESS THAN 2390 01:18:20,562 --> 01:18:24,699 WHAT THEY CURRENTLY DO UNDER 2391 01:18:24,699 --> 01:18:25,801 THIS PROPOSAL. AND THOUGH THAT 2392 01:18:25,801 --> 01:18:27,402 RUNS ROUGHLY BETWEEN THOSE WHO 2393 01:18:27,402 --> 01:18:28,804 MAKE TWEEN $2 MILLION IN GROSS 2394 01:18:28,804 --> 01:18:35,243 REVENUE AND AROUND $5.8 MILLION 2395 01:18:35,243 --> 01:18:36,478 AND CENTRAL STAFF MAY HAVE A 2396 01:18:36,478 --> 01:18:37,712 BUDGET, MAY HAVE A DIFFERENT 2397 01:18:37,712 --> 01:18:38,713 NUMBER, IT'S 5.7, 5.8 IT'S 2398 01:18:38,713 --> 01:18:42,818 ROUGHLY AROUND THAT SO THOSE 2399 01:18:42,818 --> 01:18:43,452 BUSINESSES, ALL BUSINESSES 2400 01:18:43,452 --> 01:18:44,453 AROUND THAT $5.8 MILLION WERE 2401 01:18:44,453 --> 01:18:45,687 LOWER IN GROSS REVENUE WILL BE 2402 01:18:45,687 --> 01:18:48,323 PAYING LESS OR NO CITY B AND O 2403 01:18:48,323 --> 01:18:49,391 TAXES UNDER THIS PROPOSAL. SO 2404 01:18:49,391 --> 01:18:50,559 THAT'S WHAT I WAS TRYING TO 2405 01:18:50,559 --> 01:18:54,029 EXPLAIN WITH THAT. 2406 01:18:54,029 --> 01:18:58,133 >> THANK YOU FOR THAT 2407 01:18:58,133 --> 01:18:59,267 EXPLANATION. YOU SAID THAT YOU 2408 01:18:59,267 --> 01:19:00,669 WILL BE TALKING TO THE GSB A, 2409 01:19:00,669 --> 01:19:03,205 BECAUSE I HAVE OFFICIAL 2410 01:19:03,205 --> 01:19:07,409 RESPONSE, RIGHT, IF YOU CAN SEE. 2411 01:19:07,409 --> 01:19:08,343 SO I THOUGHT THEY ALREADY PUT 2412 01:19:08,343 --> 01:19:11,546 OUT THEIR OFFICIAL RESPONSE IN 2413 01:19:11,546 --> 01:19:11,847 OPPOSITION. 2414 01:19:11,847 --> 01:19:12,981 >> I HAD A CONVERSATION WITH 2415 01:19:12,981 --> 01:19:13,982 THEM YESTERDAY ON THIS TO 2416 01:19:13,982 --> 01:19:15,050 UNDERSTAND IS THEY STILL HAVE 2417 01:19:15,050 --> 01:19:18,954 LOTS OF QUESTIONS, TOO SO 2418 01:19:18,954 --> 01:19:20,155 THERE'S STILL, WITH MANY OF THE 2419 01:19:20,155 --> 01:19:21,156 BUSINESS GROUPS I THINK THERE'S 2420 01:19:21,156 --> 01:19:21,756 CLEARLY THERE'S MIXED 2421 01:19:21,756 --> 01:19:22,357 RESPONSES. SOME BUSINESSES 2422 01:19:22,357 --> 01:19:24,860 REALLY LIKE IT. SOME ARE NOT AS 2423 01:19:24,860 --> 01:19:26,661 THRILLED ABOUT IT AND SO THEY'RE 2424 01:19:26,661 --> 01:19:28,497 WORKING THROUGH WITH THEIR 2425 01:19:28,497 --> 01:19:29,297 MEMBERS TO UNDERSTAND WHERE 2426 01:19:29,297 --> 01:19:31,600 THEIR MEMBERSHIP IS AND THEY MAY 2427 01:19:31,600 --> 01:19:37,806 HAVE A MORE FORMAL POSITION 2428 01:19:37,806 --> 01:19:41,543 COMING UP . THAT'S MY 2429 01:19:41,543 --> 01:19:42,577 UNDERSTANDING. I DON'T WANT TO 2430 01:19:42,577 --> 01:19:43,845 SPEAK FOR THEM FROM THE TABLE 2431 01:19:43,845 --> 01:19:45,013 BUT THAT WAS MY UNDERSTANDING OF 2432 01:19:45,013 --> 01:19:45,480 THEIR CONVERSATION. 2433 01:19:45,480 --> 01:19:46,381 >> OKAY. THANK YOU. 2434 01:19:46,381 --> 01:19:49,117 >> THANK YOU. VICE CHAIR RIVERA? 2435 01:19:49,251 --> 01:19:50,552 >> THANK YOU ALL FOR BEING HERE. 2436 01:19:50,552 --> 01:19:53,788 DEPUTY MAYOR WONG, AND/OR TOM, I 2437 01:19:53,788 --> 01:20:04,299 JUST WANT TO CLARIFY ON SLIDE 2438 01:20:04,466 --> 01:20:05,233 FIVE, THESE 15,906 BUSINESSES 2439 01:20:05,233 --> 01:20:06,201 ARE NOT PAYING, IN THIS 2440 01:20:06,201 --> 01:20:10,272 PROPOSAL, WILL NOT PAY ANY B AND 2441 01:20:10,272 --> 01:20:12,107 O TAX OR SOME OF THESE ONES AS 2442 01:20:12,107 --> 01:20:14,543 YOU ARE DESCRIBING MAKE $5 2443 01:20:14,543 --> 01:20:22,984 MILLION AND SO THE FIRST $2 2444 01:20:22,984 --> 01:20:23,985 MILLION WILL BE EXEMPT AND 2445 01:20:23,985 --> 01:20:24,953 THEY'LL ONLY PAY THE $3 2446 01:20:24,953 --> 01:20:26,188 MILLION, WHICH YOU ARE SEEING IS 2447 01:20:26,188 --> 01:20:27,155 LESS THAN WHAT THEY CURRENTLY 2448 01:20:27,155 --> 01:20:28,623 PAY TODAY. IS THIS A COMBO OF 2449 01:20:28,623 --> 01:20:29,891 THOSE TWO THESE ONES THAT JUST 2450 01:20:29,891 --> 01:20:30,692 WON'T PAY IT OFF? 2451 01:20:30,692 --> 01:20:31,860 >> THANK YOU FOR THE QUESTION, 2452 01:20:31,860 --> 01:20:33,128 VICE CHAIR RIVERA. SO THIS IS 2453 01:20:33,128 --> 01:20:34,162 PURELY THOSE TAXPAYERS THAT ARE 2454 01:20:34,162 --> 01:20:37,199 EXEMPT OF THE INCREASE TO THE 2455 01:20:37,199 --> 01:20:38,066 STANDARD EXEMPTION THRESHOLD OF 2456 01:20:38,066 --> 01:20:42,337 $2 MILLION, SO THERE WILL BE 2457 01:20:42,337 --> 01:20:43,205 ADDITIONAL TAXPAYERS THAT WILL 2458 01:20:43,205 --> 01:20:46,374 FIND THAT BECAUSE OF THE HIGHER 2459 01:20:46,374 --> 01:20:47,409 STANDARD DEDUCTION, WHICH IS THE 2460 01:20:47,409 --> 01:20:49,678 NEXT SLIDE ON THE PRESENTATION, 2461 01:20:49,678 --> 01:20:50,845 NOT THE NEXT YEAR BUT THE 2462 01:20:50,845 --> 01:20:53,014 STANDARD DEDUCTION WOULD HAVE NO 2463 01:20:53,014 --> 01:21:01,256 TAX BILL AS WELL BUT THOSE 2464 01:21:01,256 --> 01:21:02,224 TAXPAYERS ARE NOT CONCLUDED IN 2465 01:21:02,224 --> 01:21:02,824 THE SPECIFIC TABLE. 2466 01:21:02,824 --> 01:21:04,292 >> YOUR GOING TO GO THERE NEXT, 2467 01:21:04,292 --> 01:21:05,727 I DON'T WANT TO GET AHEAD OF 2468 01:21:05,727 --> 01:21:11,533 OURSELVES. I GUESS I'LL SAVE MY 2469 01:21:11,533 --> 01:21:14,269 QUESTION , CHAIR, FOR THE NEXT 2470 01:21:14,269 --> 01:21:15,270 SLIDE BECAUSE IT PERTAINS TO 2471 01:21:15,270 --> 01:21:15,871 THAT $5 MILLION. 2472 01:21:15,871 --> 01:21:22,143 >> THANK YOU, SO NOTICING THAT 2473 01:21:22,143 --> 01:21:23,645 WE ARE EIGHT MINUTES BEFORE 2474 01:21:23,645 --> 01:21:24,312 11:00 A.M., THE COMMITTEE 2475 01:21:24,312 --> 01:21:25,080 TECHNICALLY GOES TO 11:30. 2476 01:21:25,080 --> 01:21:26,081 COLLEAGUES HAVE ASKED THAT WE 2477 01:21:26,081 --> 01:21:27,182 STAY LONGER TODAY, JUST NOTICING 2478 01:21:27,182 --> 01:21:28,583 TIME SO TOM, BACK OVER TO YOU 2479 01:21:28,583 --> 01:21:31,753 AND I'M GOING TO HAVE 2480 01:21:31,753 --> 01:21:32,621 COUNCILMEMBER RIVERA ASK HER 2481 01:21:32,621 --> 01:21:33,822 QUESTION ON THE NEXT SLIDE AND 2482 01:21:33,822 --> 01:21:36,091 THEN I WILL ASK TO HOLD 2483 01:21:36,091 --> 01:21:38,126 QUESTIONS UNTIL THE END OF THE 2484 01:21:38,126 --> 01:21:39,861 RESTRUCTURE SO THAT WE CAN GET 2485 01:21:39,861 --> 01:21:41,896 THROUGH THIS SECTION OF THE 2486 01:21:41,896 --> 01:21:46,801 PRESENTATION AND THEN WE'LL 2487 01:21:46,801 --> 01:21:48,236 TAKE UP THE NEXT SECTION OF THE 2488 01:21:48,236 --> 01:21:49,237 PRESENTATION, WHICH IS HOW THE 2489 01:21:49,237 --> 01:21:50,438 REVENUE IS USED AFTER THAT. SO 2490 01:21:50,438 --> 01:21:52,040 OVER TO YOU,, AND THEN 2491 01:21:52,040 --> 01:21:55,510 COUNCILMEMBER RIVERA AND WE'LL 2492 01:21:55,510 --> 01:21:56,578 HOLD QUESTIONS UNTIL THE END OF 2493 01:21:56,578 --> 01:21:56,978 THE RESTRUCTURE. 2494 01:21:56,978 --> 01:22:01,483 >> SO NOW CONTINUING ON THE 2495 01:22:01,483 --> 01:22:02,250 DETAILED ANALYSIS OF THE 2496 01:22:02,250 --> 01:22:03,251 RESTRUCTURE, NEXT PIECE IS THE 2497 01:22:03,251 --> 01:22:08,156 $2 MILLION STANDARD DEDUCTION. 2498 01:22:08,156 --> 01:22:09,424 SO WHAT THIS WOULD REPRESENT, SO 2499 01:22:09,424 --> 01:22:10,592 THIS IS A NOVEL CONCEPT. THERE 2500 01:22:10,592 --> 01:22:11,660 IS NOT CURRENTLY A STANDARD 2501 01:22:11,660 --> 01:22:13,028 DEDUCTION IN OUR CURRENT B AND O 2502 01:22:13,028 --> 01:22:14,262 TAX. THIS WOULD ALLOW TEXT 2503 01:22:14,262 --> 01:22:17,365 PLAYERS WHEN THEY FILE TO 2504 01:22:17,365 --> 01:22:20,802 BASICALLY TAKE AN INITIAL $2 2505 01:22:20,802 --> 01:22:22,237 MILLION RIGHT OFF THE TOP OF 2506 01:22:22,237 --> 01:22:25,307 THEIR REVENUE AND KIND OF 2507 01:22:25,307 --> 01:22:30,011 DECREASED THEIR TAXABLE REVENUE 2508 01:22:30,011 --> 01:22:31,012 FOR PURPOSES OF FILING THEIR 2509 01:22:31,012 --> 01:22:32,380 TAXES. SO BASED ON THE ANALYSIS 2510 01:22:32,380 --> 01:22:34,883 OF THIS BY THE ECONOMIC REVENUE 2511 01:22:34,883 --> 01:22:35,750 FORECAST, THIS WOULD EXEMPT 2512 01:22:35,750 --> 01:22:36,785 AROUND 10.8 ILION DOLLARS OF 2513 01:22:36,785 --> 01:22:40,221 REVENUE FROM TAX AND THE 2514 01:22:40,221 --> 01:22:47,228 ESTIMATE OF THE IMPACT . SO THE 2515 01:22:47,228 --> 01:22:48,430 IMPACT ON REVENUES THAT WE WOULD 2516 01:22:48,430 --> 01:22:49,431 OTHERWISE COLLECT IS $33 MILLION 2517 01:22:49,431 --> 01:22:53,468 PRIOR TO THE RATE INCREASE. SO 2518 01:22:53,468 --> 01:22:54,502 I'LL PAUSE THERE, PERHAPS IF 2519 01:22:54,502 --> 01:22:55,737 THE QUESTION IS WITH REGARDS TO 2520 01:22:55,737 --> 01:22:58,974 THE STANDARD DEDUCTION, OR SHALL 2521 01:22:58,974 --> 01:22:59,441 I CONTINUE? 2522 01:22:59,441 --> 01:22:59,975 >> COUNCILMEMBER RIVERA. 2523 01:22:59,975 --> 01:23:01,242 >> THANK YOU, CHAIR. MY QUESTION 2524 01:23:01,242 --> 01:23:02,444 WAS GOING TO BE ON THESE 2525 01:23:02,444 --> 01:23:04,312 BUSINESSES THAT MAKE $5 MILLION, 2526 01:23:04,312 --> 01:23:07,015 WHERE THEY GET TO DEDUCT THE $2 2527 01:23:07,015 --> 01:23:08,016 MILLION. HOW MANY BUSINESSES ARE 2528 01:23:08,016 --> 01:23:09,818 WE TALKING ABOUT FROM THAT 2529 01:23:09,818 --> 01:23:11,252 LEVEL? AND THEN I WANT TO KNOW 2530 01:23:11,252 --> 01:23:15,323 HOW MANY BUSINESSES ARE GOING TO 2531 01:23:15,323 --> 01:23:16,324 BE PAYING MORE? EVERYBODY ELSE 2532 01:23:16,324 --> 01:23:20,362 WILL BE PAYING MORE. 2533 01:23:20,362 --> 01:23:21,696 >> THAT'S A GOOD QUESTION. I 2534 01:23:21,696 --> 01:23:22,630 DON'T HAVE THAT SPECIFIC DETAIL 2535 01:23:22,630 --> 01:23:28,169 AT THIS TIME. I'VE HEARD -- SO 2536 01:23:28,169 --> 01:23:28,970 THE PRIOR, THE STANDARD 2537 01:23:28,970 --> 01:23:29,838 DEDUCTION OR THE EXEMPTION 2538 01:23:29,838 --> 01:23:30,805 THRESHOLD INCREASE WOULD GET TO 2539 01:23:30,805 --> 01:23:36,211 75% OF BUSINESSES WOULD BE 2540 01:23:36,211 --> 01:23:37,145 EXEMPT, LEAVING 5000. THE 2541 01:23:37,145 --> 01:23:37,812 ADDITIONAL NUMBER OF BUSINESSES 2542 01:23:37,812 --> 01:23:39,014 THAT WOULD BE EXEMPT, I CAN 2543 01:23:39,014 --> 01:23:40,015 FOLLOW UP WITH THAT SPECIFIC 2544 01:23:40,015 --> 01:23:41,015 DETAIL. I'VE HEARD THAT IT'S 2545 01:23:41,015 --> 01:23:42,016 ABOUT AN ADDITIONAL 15% OF 2546 01:23:42,016 --> 01:23:44,085 BUSINESSES WOULD BE EXEMPT BUT 2547 01:23:44,085 --> 01:23:45,286 AGAIN I DON'T HAVE THE 2548 01:23:45,286 --> 01:23:45,887 BREAKDOWN IN THAT SAME 2549 01:23:45,887 --> 01:23:53,094 CATEGORIZATION BUT I CAN FOLLOW 2550 01:23:53,094 --> 01:23:53,695 UP WITH THAT. 2551 01:23:53,695 --> 01:23:55,096 >> SORRY, TOM, DID YOU SAY 50% 2552 01:23:55,096 --> 01:23:56,564 OF THE REMAINDER? SO 50% OF THE 2553 01:23:56,564 --> 01:23:56,931 25% 2 2554 01:23:56,931 --> 01:23:58,366 >> SO APOLOGIZE IF I MISSPOKE. 2555 01:23:58,366 --> 01:24:01,169 THE EXEMPTION THRESHOLD WOULD 2556 01:24:01,169 --> 01:24:04,873 GET TO 75% OF THE CURRENT 2557 01:24:04,873 --> 01:24:05,840 TAXPAYERS WOULD BE EXEMPT. THE 2558 01:24:05,840 --> 01:24:10,245 STANDARD DEDUCTION WOULD BE AN 2559 01:24:10,245 --> 01:24:14,849 ADDITIONAL 15% SO ABOUT 90%, AND 2560 01:24:14,849 --> 01:24:15,750 AGAIN, I HEARD THIS INFORMATION 2561 01:24:15,750 --> 01:24:16,684 FROM THE EXECUTIVE. I HAVEN'T 2562 01:24:16,684 --> 01:24:23,691 SEEN THE SPECIFIC NUMBERS AT MY 2563 01:24:23,691 --> 01:24:25,193 HANDS BUT I CAN COME UP WITH THE 2564 01:24:25,193 --> 01:24:26,494 BREAKDOWN BY BUSINESS TYPE OF 2565 01:24:26,494 --> 01:24:27,162 WHAT THOSE ADDITIONAL BUSINESSES 2566 01:24:27,162 --> 01:24:27,462 REPRESENT. 2567 01:24:27,462 --> 01:24:28,663 >> SO WE'LL GET THAT LATER WITH 2568 01:24:28,663 --> 01:24:29,464 THE ACTUAL NUMBERS OF 2569 01:24:29,464 --> 01:24:30,932 BUSINESSES? PERCENTAGE? 2570 01:24:30,932 --> 01:24:33,168 >> WE CAN PROVIDE THAT DETAIL 2571 01:24:33,168 --> 01:24:36,638 FOR SURE. BROADLY SPEAKING THERE 2572 01:24:36,638 --> 01:24:42,410 WOULD BE ABOUT 5000 BUSINESSES 2573 01:24:42,410 --> 01:24:47,015 LEFT IN THE POOL, IF YOU WILL, 2574 01:24:47,015 --> 01:24:48,283 OF BUSINESSES THAT ARE STILL 2575 01:24:48,283 --> 01:24:49,517 PAYING THE B AND O TAX AFTER 2576 01:24:49,517 --> 01:24:50,518 BOTH THE EXEMPTION AND THE 2577 01:24:50,518 --> 01:24:51,953 DEDUCTION. ABOUT HALF OF THAT 2578 01:24:51,953 --> 01:24:52,720 ROUGHLY $5000 NUMBER WOULD BE 2579 01:24:52,720 --> 01:24:58,026 FOLKS WHO ARE PAYING LESS, 2580 01:24:58,026 --> 01:24:59,060 RATHER THAN PAYING MORE. SO 2581 01:24:59,060 --> 01:25:01,129 IT'S ABOUT SPLIT HALF AND HALF. 2582 01:25:01,262 --> 01:25:05,767 >> THAT'S IMPORTANT, DIRECTOR, 2583 01:25:05,767 --> 01:25:07,268 BECAUSE I'VE HEARD THAT FROM A 2584 01:25:07,268 --> 01:25:11,072 LOT OF BUSINESSES, THAT 5 2585 01:25:11,072 --> 01:25:12,340 MILLION SOUNDS LIKE A LOT OF 2586 01:25:12,340 --> 01:25:13,608 MONEY. IT'S GROSS SALES AND SO 2587 01:25:13,608 --> 01:25:15,777 YOU KNOW YOU HAVE THOSE MIDDLE 2588 01:25:15,777 --> 01:25:26,354 BUSINESSES WHERE IT'S ACTUALLY 2589 01:25:28,289 --> 01:25:29,824 -- THEY'RE NOT MAKING AS MUCH 2590 01:25:29,824 --> 01:25:31,192 AS YOU THINK, EVEN THOUGH $5 2591 01:25:31,192 --> 01:25:32,260 MILLION SOUNDS LIKE A LOT, WHICH 2592 01:25:32,260 --> 01:25:33,695 IT IS TO ME, AS AN INDIVIDUAL. 2593 01:25:33,695 --> 01:25:34,762 BUT WHEN YOU'RE PAYING STAFF 2594 01:25:34,762 --> 01:25:35,597 AND EVERYTHING ELSE, AND 2595 01:25:35,597 --> 01:25:37,031 OVERHEAD, IT WINDS UP NOT BEEN A 2596 01:25:37,031 --> 01:25:38,833 TON. SO I JUST -- I WANT TO BE 2597 01:25:38,833 --> 01:25:40,068 CLEAR ON HOW MANY OF THOSE 2598 01:25:40,068 --> 01:25:41,069 BUSINESSES ARE PAYING MORE THAN 2599 01:25:41,069 --> 01:25:42,337 THEY ARE TODAY. I THINK THAT'S 2600 01:25:42,337 --> 01:25:43,538 IMPORTANT. WE CAN SET ASIDE THE 2601 01:25:43,538 --> 01:25:44,539 LARGE, LARGE BUSINESSES. I 2602 01:25:44,539 --> 01:25:47,275 UNDERSTAND THAT BUT THIS LITTLE, 2603 01:25:47,275 --> 01:25:51,813 YOU KNOW THIS AREA OR THESE 2604 01:25:51,813 --> 01:26:02,223 NUMBER OF BUSINESSES IS 2605 01:26:03,725 --> 01:26:04,859 IMPORTANT IN LIGHT OF WHAT WE'VE 2606 01:26:04,859 --> 01:26:05,894 HEARD, ACTUALLY EVEN IN PUBLIC 2607 01:26:05,894 --> 01:26:06,995 COMMENT TODAY. BUT I'VE HEARD 2608 01:26:06,995 --> 01:26:08,129 PRIOR TO TODAY THIS CONCERN AS 2609 01:26:08,129 --> 01:26:09,764 WELL SO I JUST WANT TO BE CLEAR 2610 01:26:09,764 --> 01:26:10,965 ON HOW MANY OF THOSE BUSINESSES 2611 01:26:10,965 --> 01:26:11,733 WE ARE TALKING ABOUT. 2612 01:26:11,733 --> 01:26:13,201 >> WE'LL FOLLOW UP WITH YOU BUT 2613 01:26:13,201 --> 01:26:14,402 IT'S ON THE ORDER OF 2500 2614 01:26:14,402 --> 01:26:17,872 BUSINESSES WILL BE PAYING MORE 2615 01:26:17,872 --> 01:26:18,973 AND THE OTHER BUSINESSES ARE 2616 01:26:18,973 --> 01:26:20,108 EITHER PAYING NOTHING FOR B AND 2617 01:26:20,108 --> 01:26:21,109 O TAX OR THEY'RE PAYING 2618 01:26:21,109 --> 01:26:22,410 SOMEWHAT LESS AND THE BREAKEVEN 2619 01:26:22,410 --> 01:26:27,282 POINT IS ABOUT $6 MILLION OF 2620 01:26:27,282 --> 01:26:27,882 CURRENTLY TAXABLE GROSS 2621 01:26:27,882 --> 01:26:29,117 RECEIPTS. IF YOU ARE A BUSINESS 2622 01:26:29,117 --> 01:26:32,554 THAT HAS ABOUT $6 MILLION OF 2623 01:26:32,554 --> 01:26:33,188 CURRENTLY TAXABLE GROSS 2624 01:26:33,188 --> 01:26:34,255 RECEIPTS, YOU ARE EITHER NO 2625 01:26:34,255 --> 01:26:39,194 LONGER PAYING ANY B AND O TAX OR 2626 01:26:39,194 --> 01:26:40,261 YOU'RE PAYING LESS THAN YOU'RE 2627 01:26:40,261 --> 01:26:45,233 CURRENTLY PAYING. IF YOU HAVE 6 2628 01:26:45,233 --> 01:26:46,501 MILLION OR SO OR MORE IN 2629 01:26:46,501 --> 01:26:47,135 CURRENTLY TAXABLE GROSS 2630 01:26:47,135 --> 01:26:48,336 RECEIPTS, YOU WILL BE PAYING A 2631 01:26:48,336 --> 01:26:49,737 HIGHER AMOUNT OF A TAX UNDER THE 2632 01:26:49,737 --> 01:26:50,371 RESTRUCTURED TAX BILL. 2633 01:26:50,371 --> 01:26:53,241 >> OKAY. SO WE'LL GET FOLLOW-UP 2634 01:26:53,241 --> 01:26:55,643 INFORMATION ON THAT POINT. 2635 01:26:55,643 --> 01:27:05,119 ANOTHER JUST TO CLARIFY, 2636 01:27:05,119 --> 01:27:06,120 NONPROFITS ARE NOT EXEMPT FROM 2637 01:27:06,120 --> 01:27:07,488 THESE TOTALS AS WELL, SO DO WE 2638 01:27:07,488 --> 01:27:13,061 KNOW WHAT THE NONPROFIT 2639 01:27:13,061 --> 01:27:13,861 PERCENTAGE IS VERSUS THE 2640 01:27:13,861 --> 01:27:14,462 FOR-PROFIT INSTITUTIONS? AND 2641 01:27:14,462 --> 01:27:15,330 I'M THINKING SPECIFICALLY HERE, 2642 01:27:15,330 --> 01:27:16,331 OBVIOUSLY CAME TO MY ATTENTION 2643 01:27:16,331 --> 01:27:17,532 JUST TODAY THAT FRED HUTCH WOULD 2644 01:27:17,532 --> 01:27:20,134 BE SUBJECT TO PAYING FOR THIS, 2645 01:27:20,134 --> 01:27:21,035 OUR MAIN CANCER RESEARCH 2646 01:27:21,035 --> 01:27:25,673 INSTITUTE IN THE CITY. THEY'RE 2647 01:27:25,673 --> 01:27:27,108 EXEMPT FROM THE STATE B AND O 2648 01:27:27,108 --> 01:27:28,176 AND SO I'M GETTING MORE 2649 01:27:28,176 --> 01:27:29,577 INFORMATION ON THAT BUT I JUST 2650 01:27:29,577 --> 01:27:30,912 WANT TO MAKE SURE THAT WE'VE 2651 01:27:30,912 --> 01:27:34,248 LOOKED AT THE NONPROFITS AND 2652 01:27:34,248 --> 01:27:39,220 IMPACTS ON PLACES LIKE FRED 2653 01:27:39,220 --> 01:27:39,454 HUTCH. 2654 01:27:39,454 --> 01:27:42,624 >> I HAVE NOT SEEN ANY NUMBERS 2655 01:27:42,624 --> 01:27:43,658 ON NONPROFITS. AS WAS MENTIONED 2656 01:27:43,658 --> 01:27:45,460 EARLIER, WE CAN'T GET 2657 01:27:45,460 --> 01:27:46,127 INDIVIDUAL TAXPAYER INFORMATION, 2658 01:27:46,127 --> 01:27:50,498 AND I DON'T KNOW IF WE BREAK IT 2659 01:27:50,498 --> 01:27:56,004 DOWN BY NONPROFIT VERSUS 2660 01:27:56,004 --> 01:27:57,805 FOR-PROFIT BUT WE CAN ASK AND 2661 01:27:57,805 --> 01:27:59,440 SEE IF WE ARE ABLE TO GET AT 2662 01:27:59,440 --> 01:28:00,508 LEAST THE AGGREGATE NUMBER ON 2663 01:28:00,508 --> 01:28:01,876 THAT. I'M NOT SURE. I HAVE NOT 2664 01:28:01,876 --> 01:28:02,543 SEEN THAT YET. 2665 01:28:02,543 --> 01:28:03,511 >> I APPRECIATE THAT, DEPUTY 2666 01:28:03,511 --> 01:28:04,746 MAYOR. I KNOW WE TOUCHED BASE 2667 01:28:04,746 --> 01:28:09,083 JUST A SECOND AGO ON 2668 01:28:09,083 --> 01:28:09,884 TRANSPARENCY, BECAUSE I HAVE 2669 01:28:09,884 --> 01:28:10,918 THIS QUESTION SO I APPRECIATE 2670 01:28:10,918 --> 01:28:12,053 YOU WORKING WITH ME TO FIGURE 2671 01:28:12,053 --> 01:28:18,726 THAT OUT AND FIGURE OUT IF FRED 2672 01:28:18,726 --> 01:28:19,360 HUTCH AND OTHER SIMILAR 2673 01:28:19,360 --> 01:28:20,361 INSTITUTIONS, SO THANK YOU FOR 2674 01:28:20,361 --> 01:28:21,062 THAT. THANK YOU, CHAIR. 2675 01:28:21,062 --> 01:28:24,065 >> THANK YOU VICE CHAIR. 2676 01:28:24,065 --> 01:28:24,899 COLLEAGUES, I'M BREAKING THE 2677 01:28:24,899 --> 01:28:25,900 RULE, A GOOD RULE OF 2678 01:28:25,900 --> 01:28:26,734 FACILITATION, WHICH IS BEING 2679 01:28:26,734 --> 01:28:27,602 CONSISTENT AND PREDICTABLE. I'M 2680 01:28:27,602 --> 01:28:28,836 NOTICING THAT THE NEXT FEW 2681 01:28:28,836 --> 01:28:29,837 SLIDES ARE SUMMARIES, AND SO, 2682 01:28:29,837 --> 01:28:35,076 COLLEAGUES, IF YOU DO HAVE 2683 01:28:35,076 --> 01:28:36,044 QUESTIONS ABOUT THE DEDUCTIONS, 2684 01:28:36,044 --> 01:28:36,944 I'M HAPPY TO TAKE THEM RIGHT 2685 01:28:36,944 --> 01:28:40,248 NOW. AS WE MOVE FORWARD THROUGH 2686 01:28:40,248 --> 01:28:41,249 THIS PRESENTATION THERE ARE TWO 2687 01:28:41,249 --> 01:28:42,450 MORE SECTIONS AND IN THE NEXT 2688 01:28:42,450 --> 01:28:43,284 PRESENTATION THERE ARE SECTIONS 2689 01:28:43,284 --> 01:28:50,224 OF THE PRESENTATIONS. WE'LL 2690 01:28:50,224 --> 01:28:51,426 HOLD QUESTIONS UNTIL THE END OF 2691 01:28:51,426 --> 01:28:52,660 THE SESSIONS AND THEN WE'LL ASK 2692 01:28:52,660 --> 01:28:53,928 THEM SO IT'S A LITTLE BIT 2693 01:28:53,928 --> 01:28:54,962 DIFFERENT THAN USUAL BUT JUST 2694 01:28:54,962 --> 01:28:56,431 WANT TO CHECK AND SEE IF THERE 2695 01:28:56,431 --> 01:28:57,465 ARE ANY OTHER QUESTIONS ABOUT 2696 01:28:57,465 --> 01:28:58,199 THIS RESTRUCTURE IN THE 2697 01:28:58,199 --> 01:28:59,467 DEDUCTION. IF NOT, THEN WE WILL 2698 01:28:59,467 --> 01:29:06,207 HOLD QUESTIONS UNTIL SLIDE C, 2699 01:29:06,207 --> 01:29:06,674 COUNCIL PRESIDENT. 2700 01:29:06,674 --> 01:29:08,309 >> I JUST WANT TO MAKE SURE I 2701 01:29:08,309 --> 01:29:09,043 HEARD CORRECTLY. NONPROFITS ARE 2702 01:29:09,043 --> 01:29:15,616 COVERED BY THIS. THEY WILL BE -- 2703 01:29:15,616 --> 01:29:17,018 I MEAN IF A NONPROFIT BRINGS IN 2704 01:29:17,018 --> 01:29:18,186 MORE THAN $2 MILLION, COULD YOU 2705 01:29:18,186 --> 01:29:18,986 PLEASE EXPLAIN HOW NONPROFITS 2706 01:29:18,986 --> 01:29:21,055 ARE TREATED WITH THIS PROPOSAL? 2707 01:29:21,189 --> 01:29:22,457 >> YEAH, SO THANKS FOR THE 2708 01:29:22,457 --> 01:29:23,024 QUESTION, COUNCIL PRESIDENT 2709 01:29:23,024 --> 01:29:29,831 NELSON. SO THIS SPECIFIC 2710 01:29:29,831 --> 01:29:30,465 PROPOSAL WOULDN'T CHANGE 2711 01:29:30,465 --> 01:29:31,299 ANYTHING WITH REGARDS TO 2712 01:29:31,299 --> 01:29:32,066 NONPROFITS SPECIFICALLY. IF A 2713 01:29:32,066 --> 01:29:37,038 NONPROFIT IS BELOW $2 MILLION IN 2714 01:29:37,038 --> 01:29:41,109 ANNUAL REVENUE, IT WOULD BE 2715 01:29:41,109 --> 01:29:42,377 EXEMPT, SO THAT WOULD BE A 2716 01:29:42,377 --> 01:29:43,544 CHANGE AS A RESULT OF THIS 2717 01:29:43,544 --> 01:29:44,879 PROPOSAL. IF A -- AND AGAIN, 2718 01:29:44,879 --> 01:29:46,814 KIND OF GOING AHEAD TO KIND OF 2719 01:29:46,814 --> 01:29:49,717 SOME OF THE KIND OF DESCRIPTIONS 2720 01:29:49,717 --> 01:29:52,987 OF THE COMPARATIVE IMPACTS, BUT 2721 01:29:52,987 --> 01:29:54,188 IF A NONPROFIT IS HIGHER THAN 2722 01:29:54,188 --> 01:29:59,660 ANNUAL REVENUE OF $5.7 MILLION, 2723 01:29:59,660 --> 01:30:01,129 IT WOULD PAY A HIGHER TAX. SO 2724 01:30:01,129 --> 01:30:02,530 I'M NOT AWARE THAT THERE IS A 2725 01:30:02,530 --> 01:30:04,966 BROAD MARKET OF EXEMPTION IN THE 2726 01:30:04,966 --> 01:30:07,268 TAX FOR NONPROFITS. THEY ARE 2727 01:30:07,268 --> 01:30:10,371 ELIGIBLE KIND OF IN A BROAD 2728 01:30:10,371 --> 01:30:14,175 LEVEL TO PAY THE TAX. SO REALLY 2729 01:30:14,175 --> 01:30:15,243 THIS CHANGE WITH RESPECT TO 2730 01:30:15,243 --> 01:30:16,010 NONPROFITS IS REALLY WHETHER 2731 01:30:16,010 --> 01:30:18,846 THEY FALL ABOVE $2 MILLION OR 2732 01:30:18,846 --> 01:30:22,350 BELOW AND THEN IF THEY ARE ABOVE 2733 01:30:22,350 --> 01:30:25,586 $2 MILLION, WHETHER OR NOT THEY 2734 01:30:25,586 --> 01:30:26,587 HAVE $5.7 MILLION OF ANNUAL 2735 01:30:26,587 --> 01:30:29,657 REVENUE OR BELOW, IF THEY HAVE 2736 01:30:29,657 --> 01:30:30,725 BELOW $5.7 MILLION OF REVENUE 2737 01:30:30,725 --> 01:30:35,129 THEY WILL PAY A LOWER TAX. IF 2738 01:30:35,129 --> 01:30:36,397 THEY HAVE ABOVE 5.7 THEY WILL 2739 01:30:36,397 --> 01:30:37,198 PAY A HIGHER TAX. 2740 01:30:37,198 --> 01:30:41,102 >> THANK YOU. 2741 01:30:41,102 --> 01:30:42,136 >> THANK YOU. ANY OTHER 2742 01:30:42,136 --> 01:30:44,138 QUESTIONS, COUNCIL PRESIDENT? 2743 01:30:44,138 --> 01:30:45,206 COLLEAGUES, ANY OTHER QUESTIONS 2744 01:30:45,206 --> 01:30:53,815 ON THE DEDUCTIONS SECTION? SEE 2745 01:30:53,815 --> 01:30:55,016 NONE, IF YOU WANT TO TICK 2746 01:30:55,016 --> 01:30:55,983 THROUGH YOUR NEXT SLIDES, WE'LL 2747 01:30:55,983 --> 01:30:56,617 TAKE QUESTIONS FROM 2748 01:30:56,617 --> 01:30:57,418 COUNCILMEMBERS ON SLIDE 10. 2749 01:30:57,418 --> 01:30:59,420 >> OKAY. SO CONTINUING THE NEXT 2750 01:30:59,420 --> 01:31:05,226 CHANGE IN THE PROPOSAL WOULD BE 2751 01:31:05,226 --> 01:31:07,829 A COMPARTMENT CHANGE TO THE 2752 01:31:07,829 --> 01:31:09,063 BUSINESS LICENSE FEE AND A HIGH 2753 01:31:09,063 --> 01:31:10,131 LEVEL, AS I MENTIONED, THE 2754 01:31:10,131 --> 01:31:11,365 BUSINESS LICENSE FEE AND THE B 2755 01:31:11,365 --> 01:31:13,000 AND O TAX ARE LINKED THROUGH THE 2756 01:31:13,000 --> 01:31:15,636 DEFINITION OF REVENUE, 2757 01:31:15,636 --> 01:31:17,305 SPECIFICALLY TAXABLE REVENUE. 2758 01:31:17,305 --> 01:31:18,539 AND TO PULL BACK EVEN FURTHER, 2759 01:31:18,539 --> 01:31:22,109 THE CITY HAS TWO, A FEE AND A 2760 01:31:22,109 --> 01:31:29,817 TAX SO JUST A BUSINESS LICENSE 2761 01:31:29,817 --> 01:31:31,219 FEE IS ASSESSED FOR JUST THE 2762 01:31:31,219 --> 01:31:31,886 PRIVILEGE OF DOING BUSINESS IN 2763 01:31:31,886 --> 01:31:33,221 THE CITY OF SEATTLE, AND THEN IF 2764 01:31:33,221 --> 01:31:34,422 YOU ARE A BUSINESS LICENSE FEE 2765 01:31:34,422 --> 01:31:35,923 OLDER THAN YOU MAY BE LIABLE TO 2766 01:31:35,923 --> 01:31:37,725 PAY THE B AND O TAX. THIS CHANGE 2767 01:31:37,725 --> 01:31:39,160 WILL BASICALLY CHANGE FOR ALL 2768 01:31:39,160 --> 01:31:45,833 TAXPAYERS WHAT THEIR TAX REBEL 2769 01:31:45,833 --> 01:31:46,868 -- WHAT THEIR TAXABLE REVENUES 2770 01:31:46,868 --> 01:31:48,069 ARE BY VIRTUE OF THE NEW 2771 01:31:48,069 --> 01:31:48,870 STANDARD DEDUCTION, AND BECAUSE 2772 01:31:48,870 --> 01:31:50,137 OF THAT, THERE WOULD'VE BEEN AN 2773 01:31:50,137 --> 01:31:50,972 UNANTICIPATED CHANGE IN THE 2774 01:31:50,972 --> 01:31:52,406 SCHEDULE OF FEES FOR FOLKS 2775 01:31:52,406 --> 01:31:56,277 PAYING THE BUSINESS LICENSE FEE. 2776 01:31:56,277 --> 01:31:57,545 SO THIS IS SIMPLY A CONFORMING 2777 01:31:57,545 --> 01:31:59,580 CHANGE TO MITIGATE AGAINST ANY 2778 01:31:59,580 --> 01:32:01,449 UNINTENDED REVENUE LOSS FROM THE 2779 01:32:01,449 --> 01:32:03,417 BUSINESS LICENSE FEE AS A RESULT 2780 01:32:03,417 --> 01:32:08,122 OF THIS CHANGE. SO FINALLY, THE 2781 01:32:08,122 --> 01:32:10,391 FINAL PIECE OF THE TAX 2782 01:32:10,391 --> 01:32:14,095 RESTRUCTURE IS A RATE INCREASE 2783 01:32:14,095 --> 01:32:15,329 WHICH INCREASES THE RATES TO THE 2784 01:32:15,329 --> 01:32:19,567 NEW PROPOSED RATES OF .342% FOR 2785 01:32:19,567 --> 01:32:20,001 WHOLESALE TRADE AND 2786 01:32:20,001 --> 01:32:26,674 MANUFACTURING AND .658 PERCENT 2787 01:32:26,674 --> 01:32:27,942 FOR SERVICES AND ALL THE OTHER 2788 01:32:27,942 --> 01:32:29,176 ACTIVITIES. YOU CAN SEE HERE IN 2789 01:32:29,176 --> 01:32:30,645 THE TABLE AT THE BOTTOM OF THE 2790 01:32:30,645 --> 01:32:32,813 SLIDE, WHAT THAT MEANS FOR A 2791 01:32:32,813 --> 01:32:33,881 BUSINESS WITH $1 MILLION FOR 2792 01:32:33,881 --> 01:32:34,715 EACH INCREMENTAL MILLION DOLLARS 2793 01:32:34,715 --> 01:32:39,086 OF REVENUE, FOR THE RETAIL RATE. 2794 01:32:39,086 --> 01:32:39,887 IT'S BASICALLY $1200 PER 2795 01:32:39,887 --> 01:32:40,655 ADDITIONAL MILLION DOLLARS OF 2796 01:32:40,655 --> 01:32:42,123 REVENUE AS A RESULT OF THIS TEXT 2797 01:32:42,123 --> 01:32:48,729 CHAIN FOR THE SERVICES AND OTHER 2798 01:32:48,729 --> 01:32:49,764 CATEGORY, IT'S TO 2300, A 2799 01:32:49,764 --> 01:32:50,798 LITTLE OVER $2300 WITH REGARDS 2800 01:32:50,798 --> 01:32:52,033 TO THE CHANGE FOR MILLION 2801 01:32:52,033 --> 01:32:53,134 DOLLARS OF REVENUE. AND I WOULD 2802 01:32:53,134 --> 01:32:58,539 SAY THAT ALL THESE NUMBERS AND 2803 01:32:58,539 --> 01:32:59,607 ESTIMATES COME BY WAY OF THE 2804 01:32:59,607 --> 01:33:00,241 CITY'S INDEPENDENT FORECAST 2805 01:33:00,241 --> 01:33:05,546 OFFICE, WHO ESTIMATE THAT THE 2806 01:33:05,546 --> 01:33:06,213 RATE INCREASE WOULD GENERATE 2807 01:33:06,213 --> 01:33:08,049 $151 MILLION OF ADDITIONAL 2808 01:33:08,049 --> 01:33:12,086 REVENUE IN 2026, HOWEVER, THERE 2809 01:33:12,086 --> 01:33:13,087 ARE EMBEDDED CAVEATS AND RISKS 2810 01:33:13,087 --> 01:33:13,921 IN ALL REVENUE ESTIMATES, 2811 01:33:13,921 --> 01:33:16,791 INCLUDING THIS ONE. TO KIND OF 2812 01:33:16,791 --> 01:33:23,164 PULL BACK A BIT AND LOOK AT WHAT 2813 01:33:23,164 --> 01:33:24,565 THIS MEANS FOR SEATTLE'S RATES 2814 01:33:24,565 --> 01:33:25,766 WITH REGARDS TO RATES CHARGED BY 2815 01:33:25,766 --> 01:33:26,734 OUR NEIGHBORING CITIES, YOU CAN 2816 01:33:26,734 --> 01:33:30,438 SEE KIND OF FIRST THE SEATTLE'S 2817 01:33:30,438 --> 01:33:33,574 CURRENT RATE IN THE BOLD RED 2818 01:33:33,574 --> 01:33:38,312 BARS. THAN THE SEATTLE PROPOSAL, 2819 01:33:38,312 --> 01:33:39,447 THE PROPOSED RATE WITH THIS 2820 01:33:39,447 --> 01:33:40,681 COUNCIL BILL OF WHAT IT WOULD 2821 01:33:40,681 --> 01:33:43,150 LOOK LIKE AND HOW THESE COMPARE 2822 01:33:43,150 --> 01:33:44,385 TO OTHER CITIES IN THE REGION. 2823 01:33:44,385 --> 01:33:49,223 AND YOU WILL NOTE THAT THE 2824 01:33:49,223 --> 01:33:50,324 CITIES OF REDMOND AND KIRKLAND 2825 01:33:50,324 --> 01:33:51,525 ARE NOT INCLUDED IN THIS CHART, 2826 01:33:51,525 --> 01:33:52,793 AND THAT'S BECAUSE THEY DO NOT 2827 01:33:52,793 --> 01:33:53,995 CURRENTLY ASSESS THIS TYPE OF B 2828 01:33:53,995 --> 01:34:01,669 AND O TAX. THEY INSTEAD ASSESS 2829 01:34:01,669 --> 01:34:04,305 HEAD TAXES. AND SO NOW A FEW 2830 01:34:04,305 --> 01:34:05,306 EXAMPLES. WE'VE KIND OF TALKED 2831 01:34:05,306 --> 01:34:06,640 ABOUT THIS A BIT WITH REGARDS TO 2832 01:34:06,640 --> 01:34:13,247 WHERE THE IMPACTS ARE WITHIN 2833 01:34:13,247 --> 01:34:14,315 THIS RESTRUCTURE. THERE WAS 2834 01:34:14,315 --> 01:34:17,318 MENTION WE DO NOT KNOW SPECIFIC 2835 01:34:17,318 --> 01:34:18,019 BUSINESSES. THAT'S REALLY 2836 01:34:18,019 --> 01:34:23,391 HIGHLY CONFIDENTIAL INFORMATION 2837 01:34:23,391 --> 01:34:27,695 SO WE'VE KIND OF JUST PUT IT IN 2838 01:34:27,695 --> 01:34:28,863 TERMS OF BUSINESS A AND BUSINESS 2839 01:34:28,863 --> 01:34:29,830 B JUST FOR PURPOSES OF 2840 01:34:29,830 --> 01:34:30,831 COMPARISONS, AND DIFFERENT KIND 2841 01:34:30,831 --> 01:34:31,932 OF ANNUAL REVENUES FOR EACH OF 2842 01:34:31,932 --> 01:34:33,000 THESE SORT OF EXAMPLE BUSINESS 2843 01:34:33,000 --> 01:34:34,001 IS. GOING FROM $250,000 REVENUE 2844 01:34:34,001 --> 01:34:39,874 UP TO HALF $1 BILLION AND I 2845 01:34:39,874 --> 01:34:40,908 DON'T KNOW HOW MANY BUSINESSES 2846 01:34:40,908 --> 01:34:42,376 WOULD FALL INTO ANY ONE OF THESE 2847 01:34:42,376 --> 01:34:43,210 CATEGORIES. THESE ARE JUST 2848 01:34:43,210 --> 01:34:49,083 REALLY FOR PURPOSES OF EXAMPLE 2849 01:34:49,083 --> 01:34:50,351 IMPACTS. AND THE WAY THAT THE 2850 01:34:50,351 --> 01:34:51,485 TABLE IS SORTED, IT SHOWS THE 2851 01:34:51,485 --> 01:34:52,586 TAX DUE UNDER THE CURRENT 2852 01:34:52,586 --> 01:34:53,587 STRUCTURE THAT'S IN PLACE TODAY 2853 01:34:53,587 --> 01:34:58,759 AND THEN WHAT THE TAX DUE WOULD 2854 01:34:58,759 --> 01:35:00,027 BE AFTER THE RESTRUCTURE. SO YOU 2855 01:35:00,027 --> 01:35:01,295 CAN SEE CLEARLY THAT AROUND $5.7 2856 01:35:01,295 --> 01:35:02,329 MILLION REVENUE POINT IS WHERE 2857 01:35:02,329 --> 01:35:05,199 THE TAX BURDEN IS LOWER UNDER 2858 01:35:05,199 --> 01:35:10,604 THE RESTRUCTURE OR HIRE 2859 01:35:10,604 --> 01:35:11,806 DEPENDING ON WHERE YOU ARE WITH 2860 01:35:11,806 --> 01:35:16,644 REGARDS TO THAT INFLECTION 2861 01:35:16,644 --> 01:35:17,445 POINT. SO ESSENTIALLY ANYBODY 2862 01:35:17,445 --> 01:35:18,479 UNDER $5.7 MILLION OF REVENUE 2863 01:35:18,479 --> 01:35:19,713 WOULD OWE A LOWER TAX, ABOVE 2864 01:35:19,713 --> 01:35:22,683 WOULD OWE A HIGHER TAX AND THEN 2865 01:35:22,683 --> 01:35:23,951 LOOKING AT THE HALF $1 BILLION 2866 01:35:23,951 --> 01:35:25,720 REVENUE LEVEL, THE DIFFERENCE IS 2867 01:35:25,720 --> 01:35:31,826 A LITTLE BIT ABOVE HALF $1 2868 01:35:31,826 --> 01:35:32,560 MILLION OF ADDITIONAL REVENUE 2869 01:35:32,560 --> 01:35:33,427 IMPACT AFTER THE RESTRUCTURE. 2870 01:35:33,427 --> 01:35:43,971 AND THIS IS AGAIN , SINCE WE GOT 2871 01:35:47,675 --> 01:35:48,476 OUR TWO RATES, THIS IS 2872 01:35:48,476 --> 01:35:49,410 DESCRIBING THE CHANGES FOR THE 2873 01:35:49,410 --> 01:35:50,044 RETAIL, WHOLESALING AND 2874 01:35:50,044 --> 01:35:50,845 MANUFACTURING RATE. THE HIGHER 2875 01:35:50,845 --> 01:35:51,879 RATE, THE TRANSFER SERVICE FEE 2876 01:35:51,879 --> 01:35:53,414 FOR HIRE AND OTHER RATE, KIND OF 2877 01:35:53,414 --> 01:35:54,315 SIMILAR EXAMPLES. AGAIN THE AND 2878 01:35:54,315 --> 01:35:55,349 ELECTION POINT IS ABOUT $5.7 2879 01:35:55,349 --> 01:35:56,450 MILLION AND THEN THE ADDITIONAL 2880 01:35:56,450 --> 01:35:57,651 TAX FOR A HALF $1 BILLION 2881 01:35:57,651 --> 01:35:58,719 TAXPAYER WOULD BE ABOUT $1.1 2882 01:35:58,719 --> 01:36:07,528 MILLION PER YEAR AND SO THIS -- 2883 01:36:07,528 --> 01:36:09,063 A LOT OF DIFFERENT PIECES OF THE 2884 01:36:09,063 --> 01:36:12,099 PROPOSAL, OF THE RESTRUCTURE. 2885 01:36:12,099 --> 01:36:13,334 BUT THIS PULLS IT ALL TOGETHER 2886 01:36:13,334 --> 01:36:19,173 TO SHOW HOW FISCALLY IT ALL 2887 01:36:19,173 --> 01:36:20,407 HANGS TOGETHER. FIRST THERE IS A 2888 01:36:20,407 --> 01:36:24,645 COST OF INCREASING THE SMALL 2889 01:36:24,645 --> 01:36:25,312 BUSINESS EXEMPTION. THAT'S $28 2890 01:36:25,312 --> 01:36:27,715 MILLION. SO THAT WOULD BE A 2891 01:36:27,715 --> 01:36:28,749 REVENUE LOSS. ALL ELSE BEING 2892 01:36:28,749 --> 01:36:29,750 EQUAL. THE $2 MILLION STANDARD 2893 01:36:29,750 --> 01:36:40,294 DEDUCTION WOULD REDUCE REVENUES 2894 01:36:40,728 --> 01:36:41,829 BY $33 MILLION. AGAIN, ALL ELSE 2895 01:36:41,829 --> 01:36:42,930 BEING EQUAL. HOWEVER, THE IMPACT 2896 01:36:42,930 --> 01:36:44,064 OF THE HIGHER TAX RATES BRINGS 2897 01:36:44,064 --> 01:36:44,865 AN ADDITIONAL $151 MILLION, 2898 01:36:44,865 --> 01:36:46,133 WHICH NETS TO $90 MILLION OF 2899 01:36:46,133 --> 01:36:47,201 ANNUAL GENERAL FUND REVENUE. AND 2900 01:36:47,201 --> 01:36:48,669 NOW I'M GOING TO TURN IT OVER 2901 01:36:48,669 --> 01:36:59,213 TO JEN LOOK REQ TO EXPLAIN THE 2902 01:36:59,613 --> 01:37:00,648 USE OF THAT $90 MILLION. 2903 01:37:00,648 --> 01:37:01,949 >> HANG TIGHT, WE ARE GOING TO 2904 01:37:01,949 --> 01:37:03,350 PAUSE ON SLIDE 10 AND SEE IF 2905 01:37:03,350 --> 01:37:03,984 THERE ARE COUNCILMEMBER 2906 01:37:03,984 --> 01:37:05,152 QUESTIONS AT THE END OF THIS 2907 01:37:05,152 --> 01:37:06,353 SESSION? ALL RIGHT. NOW OVER TO 2908 01:37:06,353 --> 01:37:07,655 YOU, JENNIFER. I'M GOING TO ASK 2909 01:37:07,655 --> 01:37:08,823 THAT WE NOW GO THROUGH YOUR 2910 01:37:08,823 --> 01:37:11,892 SECTION SO THERE ARE THREE 2911 01:37:11,892 --> 01:37:12,927 SLIDES AND WE'LL HAVE QUESTIONS 2912 01:37:12,927 --> 01:37:13,994 FROM COUNCILMEMBERS AT THE END 2913 01:37:13,994 --> 01:37:16,096 OF YOUR THIRD SLIDE HERE. 2914 01:37:16,096 --> 01:37:22,136 >> SOUNDS GOOD. ALL RIGHT. SO I 2915 01:37:22,136 --> 01:37:25,139 WILL TALK ABOUT THE USE OF THE 2916 01:37:25,139 --> 01:37:26,207 NET REVENUE, AND HERE AGAIN, 2917 01:37:26,207 --> 01:37:27,441 JUST AS TOM COVERED, THE NET 2918 01:37:27,441 --> 01:37:28,475 REVENUE IS THE MONEY THAT'S 2919 01:37:28,475 --> 01:37:30,177 LEFT OVER AFTER PAYING FOR THE 2920 01:37:30,177 --> 01:37:31,378 LOSS OF REVENUE CREATED BY THE 2921 01:37:31,378 --> 01:37:33,714 STANDARD DEDUCTION AND THE 2922 01:37:33,714 --> 01:37:36,584 HIGHER EXEMPTION. ALL RIGHT. SO 2923 01:37:36,584 --> 01:37:42,923 UNDER THIS COUNCIL BILL THE NET 2924 01:37:42,923 --> 01:37:43,791 REVENUE WOULD BE REQUIRED TO BE 2925 01:37:43,791 --> 01:37:44,859 USED FOR SEVERAL PURPOSES. THOSE 2926 01:37:44,859 --> 01:37:49,630 PURPOSES ARE AREAS OF FOOD 2927 01:37:49,630 --> 01:37:50,264 ACCESS, GENDER-BASED VIOLENCE 2928 01:37:50,264 --> 01:37:53,334 PROGRAMS, HOMELESSNESS 2929 01:37:53,334 --> 01:37:53,968 PREVENTION, EMERGENCY SHELTER, 2930 01:37:53,968 --> 01:37:59,840 AND SUPPORT FOR WORKERS RIGHTS , 2931 01:37:59,840 --> 01:38:00,708 WORKERS RIGHTS AND PROTECTIONS 2932 01:38:00,708 --> 01:38:01,542 AND SMALL BUSINESS SUPPORTS. 2933 01:38:01,542 --> 01:38:02,309 THERE'S CURRENTLY ROUGHLY ABOUT 2934 01:38:02,309 --> 01:38:04,812 $145 MILLION IN GENERAL FUND 2935 01:38:04,812 --> 01:38:09,450 SUPPORTING THESE PROGRAM AREAS 2936 01:38:09,450 --> 01:38:10,885 AND ABOUT $10 MILLION OF PET. I 2937 01:38:10,885 --> 01:38:12,286 WANTED TO TAKE A FEW MOMENTS TO 2938 01:38:12,286 --> 01:38:13,787 TALK ABOUT WHAT THIS ORDINANCE 2939 01:38:13,787 --> 01:38:17,391 WOULD DO AND ALSO WHAT IT 2940 01:38:17,391 --> 01:38:18,392 WOULDN'T DO IN TERMS OF 2941 01:38:18,392 --> 01:38:23,197 SPECIFICITY. YOU KNOW AT HEART 2942 01:38:23,197 --> 01:38:24,231 THE ORDINANCE OR THE COUNCIL 2943 01:38:24,231 --> 01:38:25,065 BILL STATES THE CITY'S 2944 01:38:25,065 --> 01:38:26,467 PRIORITIES FOR USE OF THIS NET 2945 01:38:26,467 --> 01:38:27,735 REVENUE IN THE FACE OF BOTH 2946 01:38:27,735 --> 01:38:31,939 GENERAL FUND AND PET DEFICIT IN 2947 01:38:31,939 --> 01:38:34,441 THE COMING YEARS. IT IS INTENDED 2948 01:38:34,441 --> 01:38:35,442 TO PROVIDE FLEXIBILITY IN THE 2949 01:38:35,442 --> 01:38:39,413 FACE OF A LOT OF UNKNOWNS AND 2950 01:38:39,413 --> 01:38:40,447 THAT INCLUDES WHAT THE AUGUST 2951 01:38:40,447 --> 01:38:41,282 AND OCTOBER REVENUE FORECAST 2952 01:38:41,282 --> 01:38:43,651 WILL LOOK LIKE. AND IF THOSE 2953 01:38:43,651 --> 01:38:44,585 FORECAST WILL INCREASE THE 2954 01:38:44,585 --> 01:38:50,090 PROJECTED BUDGET DEFICIT. AS A 2955 01:38:50,090 --> 01:38:50,858 RESULT, THE ORDINANCE DOESN'T 2956 01:38:50,858 --> 01:38:52,192 SPECIFY FUNDING AMOUNTS OR 2957 01:38:52,192 --> 01:38:56,363 PERCENTAGES FOR EACH OF THE 2958 01:38:56,363 --> 01:38:57,564 ABOVE USES. IT ALSO DOES NOT 2959 01:38:57,564 --> 01:38:58,799 REQUIRE THAT ALL OF THESE USES 2960 01:38:58,799 --> 01:39:01,235 BE FUNDED OR THAT THE COUNCIL 2961 01:39:01,235 --> 01:39:03,704 MAINTAIN TODAY'S INVESTMENT 2962 01:39:03,704 --> 01:39:04,972 LEVELS. OVERALL I WOULD SAY THAT 2963 01:39:04,972 --> 01:39:07,641 IT IS THE INTENT OF THE 2964 01:39:07,641 --> 01:39:08,709 LEGISLATION THAT THE NET REVENUE 2965 01:39:08,709 --> 01:39:10,944 BE USED TO BACKFILL FOR PROGRAMS 2966 01:39:10,944 --> 01:39:17,051 THAT ARE CURRENTLY FUNDED WITH 2967 01:39:17,051 --> 01:39:18,319 THE GENERAL FUND AND TO AN 2968 01:39:18,319 --> 01:39:19,320 EXTENT ALSO PROGRAMS THAT ARE 2969 01:39:19,320 --> 01:39:20,354 FUNDED WITH PET, WHICH HAS 2970 01:39:20,354 --> 01:39:20,988 INCREASINGLY BECOME FUNGIBLE 2971 01:39:20,988 --> 01:39:25,960 WITH GENERAL FUND. BUT THE 2972 01:39:25,960 --> 01:39:26,894 ORDINANCE DOES NOT EXPLICITLY 2973 01:39:26,894 --> 01:39:28,128 SAY THAT, BUT THAT IS THE 2974 01:39:28,128 --> 01:39:29,129 INTENT, IS THE BACKFILL OF 2975 01:39:29,129 --> 01:39:29,930 EXISTING GENERAL FUNDED PROGRAMS 2976 01:39:29,930 --> 01:39:32,933 IN THESE FIVE AREAS THAT I JUST 2977 01:39:32,933 --> 01:39:33,500 MENTIONED. 2978 01:39:35,970 --> 01:39:36,704 >> NEXT SLIDE. 2979 01:39:37,204 --> 01:39:46,447 >> ALL RIGHT. ALL RIGHT. THE 2980 01:39:46,447 --> 01:39:47,281 ORDINANCE ALSO SAYS THAT UP TO 2981 01:39:47,281 --> 01:39:52,286 $30 MILLION IN NET REVENUE MAY 2982 01:39:52,286 --> 01:39:53,354 BE USED FOR IMPLEMENTATION COSTS 2983 01:39:53,354 --> 01:39:54,188 AND THE ONGOING ADMINISTRATION 2984 01:39:54,188 --> 01:39:56,223 OF THE TAX. GIVE ME ONE MOMENT 2985 01:39:56,223 --> 01:40:00,661 HERE. ALL RIGHT. AS WE TALKED 2986 01:40:00,661 --> 01:40:04,565 ABOUT LAST TIME, IMPLEMENTATION 2987 01:40:04,565 --> 01:40:05,833 COSTS INCLUDE $2.3 MILLION FOR 2988 01:40:05,833 --> 01:40:09,470 SYSTEM CHANGES IN 2025. THAT'S 2989 01:40:09,470 --> 01:40:14,608 A ONE TIME COST, AND POTENTIALLY 2990 01:40:14,608 --> 01:40:16,243 ANOTHER $2.7 MILLION IN ONE-TIME 2991 01:40:16,243 --> 01:40:19,980 COSTS IF THERE IS A NEEDED 2992 01:40:19,980 --> 01:40:22,616 UPDATE TO THE CITY'S LEGACY 2993 01:40:22,616 --> 01:40:27,755 SYSTEM FOR ADMINISTERING TAXES. 2994 01:40:27,755 --> 01:40:28,689 AND THEN THERE WOULD BE 2995 01:40:28,689 --> 01:40:29,556 APPROXIMATELY $1.5 MILLION IN 2996 01:40:29,556 --> 01:40:32,226 ONGOING COSTS TO MOST OF THE TAX 2997 01:40:32,226 --> 01:40:37,598 INCLUDING PERSONNEL. THE SECOND 2998 01:40:37,598 --> 01:40:39,166 USE HERE IS FOR THIS UP TO $30 2999 01:40:39,166 --> 01:40:40,234 MILLION, IS TO MITIGATE THE 3000 01:40:40,234 --> 01:40:41,101 IMPACT OF FEDERAL FUNDING 3001 01:40:41,101 --> 01:40:44,538 REDUCTIONS IN FOUR DIFFERENT 3002 01:40:44,538 --> 01:40:45,472 AREAS, HOUSING STABILITY FOR LOW 3003 01:40:45,472 --> 01:40:48,776 INCOME TENANTS, FOOD INSECURITY, 3004 01:40:48,776 --> 01:40:49,376 FINANCIAL SECURITY FOR 3005 01:40:49,376 --> 01:40:50,010 AFFORDABLE HOUSING PROVIDERS, 3006 01:40:50,010 --> 01:40:55,249 AND EMERGENCY SHELTER AND 3007 01:40:55,249 --> 01:40:56,016 HOMELESSNESS. AS WRITTEN, THE 3008 01:40:56,016 --> 01:40:57,084 LEGISLATION SAYS UP TO $30 3009 01:40:57,084 --> 01:40:58,318 MILLION. SO THAT IS AN ELIGIBLE 3010 01:40:58,318 --> 01:41:03,557 USE FOR THIS FUNDING TO MITIGATE 3011 01:41:03,557 --> 01:41:04,458 THE IMPACT OF FEDERAL FUNDING 3012 01:41:04,458 --> 01:41:05,492 REDUCTIONS. BUT IT DOES NOT 3013 01:41:05,492 --> 01:41:06,794 NECESSARILY HAVE TO BE USED FOR 3014 01:41:06,794 --> 01:41:08,896 THAT PURPOSE. NET REVENUE, IF 3015 01:41:08,896 --> 01:41:10,097 THE LEGISLATION DOESN'T REQUIRE 3016 01:41:10,097 --> 01:41:11,765 THAT IT BE USED FOR THAT 3017 01:41:11,765 --> 01:41:14,635 PURPOSE. IT PRESERVES 3018 01:41:14,635 --> 01:41:20,274 FLEXIBILITY TO USE NET REVENUE 3019 01:41:20,274 --> 01:41:21,475 TO BACKFILL FOR GENERAL FUND IF 3020 01:41:21,475 --> 01:41:23,811 NEEDED AS WELL, DEPENDING ON 3021 01:41:23,811 --> 01:41:29,917 FUTURE FORECASTS. NEXT SLIDE, 3022 01:41:29,917 --> 01:41:35,522 PLEASE. THE COUNCIL BILL DOES 3023 01:41:35,522 --> 01:41:36,557 REQUIRE THE EXECUTIVE TO PROVIDE 3024 01:41:36,557 --> 01:41:46,133 SOME INFORMATION TO COUNCIL, 3025 01:41:46,133 --> 01:41:47,334 BOTH IN ADVANCE OF TRANSMITTING 3026 01:41:47,334 --> 01:41:48,268 THE BUDGET, AND ALSO WITH 3027 01:41:48,268 --> 01:41:49,236 TRANSMITTAL OF THE BUDGET. IT 3028 01:41:49,236 --> 01:41:50,370 REQUIRES THAT AT LEAST THREE 3029 01:41:50,370 --> 01:41:51,638 MONTHS PRIOR TO THE MAYOR 3030 01:41:51,638 --> 01:41:53,474 SUBMITTING THE ANNUAL BUDGET, 3031 01:41:53,474 --> 01:41:54,208 THE EXECUTIVE CONSULT WITH 3032 01:41:54,208 --> 01:41:55,476 COUNCIL ON THE IMPACT OF ACTUAL 3033 01:41:55,476 --> 01:41:56,710 AND ANTICIPATED REVENUE 3034 01:41:56,710 --> 01:41:57,778 REDUCTIONS AND FEDERAL FUNDING 3035 01:41:57,778 --> 01:42:02,115 CUTS ON THE IDENTIFIED PROGRAM 3036 01:42:02,115 --> 01:42:03,217 AREAS, AND INFORM COUNCIL HOW 3037 01:42:03,217 --> 01:42:04,184 THE NEW REVENUE GENERATED BY 3038 01:42:04,184 --> 01:42:05,352 THIS ORDINANCE WOULD BE 3039 01:42:05,352 --> 01:42:09,189 UTILIZED. ONCE THE BUDGET IS 3040 01:42:09,189 --> 01:42:10,224 TRANSMITTED, THE COUNCIL BILL 3041 01:42:10,224 --> 01:42:11,258 ALSO REQUIRES A WRITTEN PROPOSED 3042 01:42:11,258 --> 01:42:15,429 PLAN OUTLINING HOW THE NEW 3043 01:42:15,429 --> 01:42:16,230 REVENUE GENERATED BY THIS 3044 01:42:16,230 --> 01:42:24,171 ORDINANCE IS TO BE UTILIZED 3045 01:42:24,171 --> 01:42:25,339 AGAIN IN THE IDENTIFIED PROGRAM 3046 01:42:25,339 --> 01:42:26,807 AREAS, AND I WILL STOP THERE FOR 3047 01:42:26,807 --> 01:42:27,107 QUESTIONS. 3048 01:42:27,107 --> 01:42:27,708 >> THANK YOU, JENNIFER. 3049 01:42:27,708 --> 01:42:28,075 COUNCILMEMBER? 3050 01:42:28,075 --> 01:42:29,143 >> THANK CHAIR STRAUSS AND THANK 3051 01:42:29,143 --> 01:42:32,913 YOU MS. LABRECQUE. I'M LOOKING 3052 01:42:32,913 --> 01:42:34,348 AT YOUR LAST SLIDE SO I JUST 3053 01:42:34,348 --> 01:42:35,616 WANTED TO SAY FIRST SINCE THIS 3054 01:42:35,616 --> 01:42:39,720 IS UP RIGHT NOW THAT I DO 3055 01:42:39,720 --> 01:42:40,554 SUPPORT THESE BULLETS, THESE 3056 01:42:40,554 --> 01:42:41,522 POINTS ABOUT HAVING THE MAYOR 3057 01:42:41,522 --> 01:42:44,057 SUBMIT THE BUDGETS, THE SHELL 3058 01:42:44,057 --> 01:42:48,595 AND THE SECOND BILL REGARDING 3059 01:42:48,595 --> 01:42:52,332 HOW THE ORDINANCE WOULD BE 3060 01:42:52,332 --> 01:42:55,002 UTILIZED. MY QUESTION GOING 3061 01:42:55,002 --> 01:42:57,704 BACK, BRINGING UP MY BRIEFING 3062 01:42:57,704 --> 01:43:00,774 COMBINATION IS WE HAVE A DEFICIT 3063 01:43:00,774 --> 01:43:04,811 AND SO MY QUESTION IS FOR ALL 3064 01:43:04,811 --> 01:43:05,846 THE SLIDES IN THE SECTION, I 3065 01:43:05,846 --> 01:43:09,349 DON'T SEE THE WORD DEFICIT. IS 3066 01:43:09,349 --> 01:43:15,656 THAT A CONSCIOUS -- I MEAN -- 3067 01:43:15,656 --> 01:43:16,523 >> COUNCILMEMBER KETTLE, I'M 3068 01:43:16,523 --> 01:43:17,658 GOING TO ACTUALLY LEAVE THAT ONE 3069 01:43:17,658 --> 01:43:18,959 TO THE SPONSORS OF THIS BILL, 3070 01:43:18,959 --> 01:43:23,063 UNLESS THERE'S A RESPONSE THAT 3071 01:43:23,063 --> 01:43:23,897 JENNIFER OR TOM HAS. 3072 01:43:23,897 --> 01:43:25,098 >> MY ONLY RESPONSE IS THAT 3073 01:43:25,098 --> 01:43:26,733 ALTHOUGH THE WORD DEFICIT WAS 3074 01:43:26,733 --> 01:43:28,168 NOT ON THE SLIDE, I SAID THE 3075 01:43:28,168 --> 01:43:31,004 WORD DEFICIT A LOT AND I DID SAY 3076 01:43:31,004 --> 01:43:36,777 THAT BECAUSE I THINK THIS WAS 3077 01:43:36,777 --> 01:43:37,511 CONSTRUCTED. THE ORDINANCE WAS 3078 01:43:37,511 --> 01:43:38,245 CONSTRUCTED TO MAINTAIN 3079 01:43:38,245 --> 01:43:38,979 FLEXIBILITY ABOUT USES. YES 3080 01:43:38,979 --> 01:43:43,884 THERE ARE BUCKETS BUT WITHIN 3081 01:43:43,884 --> 01:43:44,685 THOSE BUCKETS OR THOSE 3082 01:43:44,685 --> 01:43:45,485 IDENTIFIED PROGRAM AREAS THAT 3083 01:43:45,485 --> 01:43:46,086 ARE PRIORITIES, THERE'S 3084 01:43:46,086 --> 01:43:46,987 FLEXIBILITY ABOUT HOW THE 3085 01:43:46,987 --> 01:43:53,827 FUNDING WILL BE USED AND ALSO 3086 01:43:53,827 --> 01:43:54,628 FLEXIBILITY FOR EXAMPLE, NOT 3087 01:43:54,628 --> 01:43:55,295 AROUND MAINTAINING INVESTMENTS. 3088 01:43:55,295 --> 01:43:56,530 IT DOESN'T SAY THE CITY WILL 3089 01:43:56,530 --> 01:43:59,566 MAINTAIN INVESTMENTS. IT 3090 01:43:59,566 --> 01:44:00,601 DOESN'T SPECIFY THE AMOUNT OF 3091 01:44:00,601 --> 01:44:01,368 SPENDING OR PERCENTAGE OF 3092 01:44:01,368 --> 01:44:02,603 SPENDING IN EACH AREA, AND THAT 3093 01:44:02,603 --> 01:44:03,604 REALLY IS BECAUSE FLEXIBILITY IS 3094 01:44:03,604 --> 01:44:05,539 NEEDED GIVEN THE PROJECTED 3095 01:44:05,539 --> 01:44:11,078 BUDGET DEFICIT AND BECAUSE WE 3096 01:44:11,078 --> 01:44:11,778 DON'T KNOW WITH FUTURE 3097 01:44:11,778 --> 01:44:12,779 FORECASTS IF THE DEFICIT WILL 3098 01:44:12,779 --> 01:44:17,517 GET WORSE. 3099 01:44:17,517 --> 01:44:18,819 >> I SEE DIRECTOR NOBLE HAS A 3100 01:44:18,819 --> 01:44:19,987 QUESTION. I'M GOING TO GIVE A 3101 01:44:19,987 --> 01:44:20,621 HIGH-LEVEL BUDGET RESPONSE. 3102 01:44:20,621 --> 01:44:21,788 DEPUTY MAYOR, YOU CAN GO BEFORE 3103 01:44:21,788 --> 01:44:23,790 DIRECT OR NOBLE. OVER TO YOU, 3104 01:44:23,790 --> 01:44:24,057 SIR. 3105 01:44:24,057 --> 01:44:25,425 >> I'LL JUST ADD ON TO WHAT 3106 01:44:25,425 --> 01:44:29,329 JENNIFER SAID, WHICH IS IS WE 3107 01:44:29,329 --> 01:44:30,330 TALK ABOUT THE DEFICIT BECAUSE 3108 01:44:30,330 --> 01:44:33,834 OF TALK ABOUT THE CON -- HOW 3109 01:44:33,834 --> 01:44:40,173 THIS IS RAISING QUITE A BIT SO 3110 01:44:40,173 --> 01:44:41,675 TO THE EXTENT WE HAVE TIME TO 3111 01:44:41,675 --> 01:44:42,943 COVER THAT WE ARE HAPPY TO TALK 3112 01:44:42,943 --> 01:44:44,244 ABOUT THAT AND HOW THAT FACTORED 3113 01:44:44,244 --> 01:44:45,245 INTO OUR THINKING ON THIS. 3114 01:44:45,245 --> 01:44:46,046 >> THANKS, DIRECTOR NOBLE. 3115 01:44:46,046 --> 01:44:47,481 >> I JUST WANT TO MAKE THE 3116 01:44:47,481 --> 01:44:51,818 GENERAL OBSERVATION THAT 3117 01:44:51,818 --> 01:44:52,619 BUDGETING PROCESS IS INHERENTLY 3118 01:44:52,619 --> 01:44:53,787 DYNAMIC AND I THINK IT'S GOING 3119 01:44:53,787 --> 01:44:55,155 TO BE A LOT MORE DYNAMIC OVER 3120 01:44:55,155 --> 01:44:56,623 THE NEXT FEW YEARS, WE TEND TO 3121 01:44:56,623 --> 01:44:57,624 BE THINKING ABOUT SHORTFALLS IN 3122 01:44:57,624 --> 01:44:58,692 THE CITY FUNDING SUPPORTING A 3123 01:44:58,692 --> 01:45:04,364 VARIETY OF ACTIVITIES. I SUSPECT 3124 01:45:04,364 --> 01:45:05,565 OVER THE NEXT FEW YEARS WE ARE 3125 01:45:05,565 --> 01:45:06,800 GOING TO SEE LOSSES OF FUNDING 3126 01:45:06,800 --> 01:45:08,635 FROM VARIOUS OTHER DIRECTIONS. 3127 01:45:08,635 --> 01:45:09,836 THEY MAY ULTIMATELY BE TIED BACK 3128 01:45:09,836 --> 01:45:10,937 TO THE FEDERAL GOVERNMENT. NOT 3129 01:45:10,937 --> 01:45:11,905 CLEAR BUT FOR INSTANCE WE 3130 01:45:11,905 --> 01:45:17,310 RECEIVE STATE PASS-THROUGHS OF 3131 01:45:17,310 --> 01:45:21,248 FEDERAL MONEY, THE COUNTY 3132 01:45:21,248 --> 01:45:22,315 SUPPORTS MANY OF THE SAME 3133 01:45:22,315 --> 01:45:23,483 ACTIVITIES SO IF ONE TRIES TO 3134 01:45:23,483 --> 01:45:24,985 GET TO RIGID AND SAYING WE ARE 3135 01:45:24,985 --> 01:45:26,386 GOING TO FILL IN FOR THIS LOSS 3136 01:45:26,386 --> 01:45:27,554 OF MONEY WITH THIS PARTICULAR 3137 01:45:27,554 --> 01:45:28,555 SOURCE OR THAT ONE FOR THIS 3138 01:45:28,555 --> 01:45:29,890 PARTICULAR PRIORITY OR ANOTHER, 3139 01:45:29,890 --> 01:45:31,425 I'M GOING TO GO OUT ON A LIMB, 3140 01:45:31,425 --> 01:45:32,859 I THINK YOU ARE PLAYING A FOOLS 3141 01:45:32,859 --> 01:45:34,061 ERRAND. IT'S GOING TO BE MORE 3142 01:45:34,061 --> 01:45:35,295 DYNAMIC THAN THAT. WE ARE GOING 3143 01:45:35,295 --> 01:45:38,965 TO LOSE TRACK OF WHAT THE BASE 3144 01:45:38,965 --> 01:45:40,367 IS BECAUSE THE FUNDING THAT FOR 3145 01:45:40,367 --> 01:45:41,201 MANY YEARS HAS SUPPORTED CERTAIN 3146 01:45:41,201 --> 01:45:42,636 ACTIVITIES I THINK IS GOING TO 3147 01:45:42,636 --> 01:45:43,637 BE SHIFTING AROUND SO AS YOU 3148 01:45:43,637 --> 01:45:51,278 APPROACH THIS ALL , A 3149 01:45:51,278 --> 01:45:51,845 RECOMMENDATION THAT YOU 3150 01:45:51,845 --> 01:45:52,846 RECOGNIZE THE DYNAMIC NATURE AND 3151 01:45:52,846 --> 01:45:53,847 I THINK FLEXIBILITY AND I 3152 01:45:53,847 --> 01:45:54,915 UNDERSTAND THAT THERE'S A REAL 3153 01:45:54,915 --> 01:45:55,549 TENSION BETWEEN ACCOUNTABILITY, 3154 01:45:55,549 --> 01:45:56,550 COMMITMENT AND FLEX ABILITY AND 3155 01:45:56,550 --> 01:45:57,551 YOU'RE GOING TO STRUGGLE WITH 3156 01:45:57,551 --> 01:45:58,552 IT BECAUSE OF THE ENVIRONMENT 3157 01:45:58,552 --> 01:45:59,419 YOU'RE IN SOME EDITORIAL 3158 01:45:59,419 --> 01:46:03,056 COMMENT AND POTENTIAL ADVICE. 3159 01:46:03,056 --> 01:46:03,890 >> THANK YOU COUNCILMEMBER 3160 01:46:03,890 --> 01:46:05,092 RINCK, I'LL LET YOU HAVE A 3161 01:46:05,092 --> 01:46:06,960 RESPONSE AND I GOT A BUDGET 3162 01:46:06,960 --> 01:46:08,161 LEVEL RESPONSE AS WELL AND 3163 01:46:08,161 --> 01:46:09,029 COUNCILMEMBER KETTLE, YOU STILL 3164 01:46:09,029 --> 01:46:11,898 HAVE THE FLOOR. 3165 01:46:11,898 --> 01:46:13,100 >> THANK YOU CHAIR STRAUSS. I 3166 01:46:13,100 --> 01:46:23,677 DON'T HAVE TOO MUCH TO ADD BUT 3167 01:46:27,948 --> 01:46:28,815 JUST TO CONTRIBUTE THAT. THE 3168 01:46:28,815 --> 01:46:30,016 EXECUTIVE IN MY OFFICE AND THE 3169 01:46:30,016 --> 01:46:31,017 DEVELOPMENT OF THIS TRIED TO 3170 01:46:31,017 --> 01:46:32,085 WALK THAT BALANCE IN PROVIDING 3171 01:46:32,085 --> 01:46:32,886 THAT SUBTLETY, CREATING ALSO 3172 01:46:32,886 --> 01:46:33,320 OPPORTUNITIES FOR 3173 01:46:33,320 --> 01:46:34,121 ACCOUNTABILITY. THAT'S WHY WE 3174 01:46:34,121 --> 01:46:35,322 HAVE THE INCLUSION OF THE REPORT 3175 01:46:35,322 --> 01:46:36,390 FROM THE EXECUTIVE TO ENSURE 3176 01:46:36,390 --> 01:46:37,557 AGAIN THAT WE ARE MAKING SURE 3177 01:46:37,557 --> 01:46:38,825 THAT THESE FUNDS GO TOWARDS THE 3178 01:46:38,825 --> 01:46:39,826 OUTLINED AREAS IN THIS ORDINANCE 3179 01:46:39,826 --> 01:46:41,261 BUT AGAIN WE HAVE A LOT OF 3180 01:46:41,261 --> 01:46:42,095 UNCERTAINTY COMING OUR WAY. 3181 01:46:42,095 --> 01:46:42,896 WE'VE HEARD DISCUSSIONS FROM 3182 01:46:42,896 --> 01:46:43,897 THE PRESIDENT AND CONGRESS ABOUT 3183 01:46:43,897 --> 01:46:44,831 CUTS TO CRITICAL HOUSING 3184 01:46:44,831 --> 01:46:45,332 SERVICES, HOUSING AND 3185 01:46:45,332 --> 01:46:46,133 HOMELESSNESS SERVICES, A NUMBER 3186 01:46:46,133 --> 01:46:50,370 OF WHICH WE'VE DISCUSSED IN THE 3187 01:46:50,370 --> 01:46:51,104 SELECT COMMITTEE ON FEDERAL 3188 01:46:51,104 --> 01:46:51,738 ADMINISTRATION POLICY CHANGES. 3189 01:46:51,738 --> 01:46:52,839 BUT A NUMBER OF THEM HAVEN'T 3190 01:46:52,839 --> 01:46:54,074 COME THROUGH YET, BUT WHO'S TO 3191 01:46:54,074 --> 01:46:59,813 SAY WHAT TOMORROW HOLDS. AND SO 3192 01:46:59,813 --> 01:47:00,981 TRYING TO CREATE THAT AMOUNT OF 3193 01:47:00,981 --> 01:47:01,915 FLEXIBILITY WHILE CREATING ALSO 3194 01:47:01,915 --> 01:47:03,016 A PLANET OPPORTUNITY TO BE ABLE 3195 01:47:03,016 --> 01:47:05,252 TO BACKFILL FOR THOSE, THAT WAS 3196 01:47:05,252 --> 01:47:06,520 THE BALANCE WE TRIED TO PROVIDE 3197 01:47:06,520 --> 01:47:07,320 WITH THIS. THANK YOU. 3198 01:47:07,320 --> 01:47:10,457 >> THANK YOU. DIRECTOR NOBLE 3199 01:47:10,457 --> 01:47:11,625 TOOK WHAT I WAS GENERALLY GOING 3200 01:47:11,625 --> 01:47:22,169 TO SAY, WHICH IS THAT AS WE MOVE 3201 01:47:24,004 --> 01:47:24,671 INTO THE BUDGET PROCESS, 3202 01:47:24,671 --> 01:47:26,273 THERE'S GOING TO BE A LOT OF 3203 01:47:26,273 --> 01:47:26,940 DIFFERENT REVENUE SOURCES THAT 3204 01:47:26,940 --> 01:47:27,941 WE ALREADY HAVE WITHIN OUR 3205 01:47:27,941 --> 01:47:28,742 BUDGET, NOT INCLUDING THE 3206 01:47:28,742 --> 01:47:29,576 PROPOSAL BEFORE US. THOSE 3207 01:47:29,576 --> 01:47:30,811 SOURCES CAN BE SHIFTED AROUND SO 3208 01:47:30,811 --> 01:47:32,412 THAT WE CAN DO OUR BEST TO SERVE 3209 01:47:32,412 --> 01:47:33,613 SEATTLEITES TO THE BEST OF OUR 3210 01:47:33,613 --> 01:47:34,648 ABILITIES. AND I STARTED THIS 3211 01:47:34,648 --> 01:47:35,515 PRESENTATION OFF BY TALKING 3212 01:47:35,515 --> 01:47:37,751 ABOUT DEPUTY MAYOR'S LIED ABOUT 3213 01:47:37,751 --> 01:47:42,155 WE HAVE THREE GENERAL BUCKETS OF 3214 01:47:42,155 --> 01:47:42,823 TOOLS, EFFICIENCIES, REDUCTIONS 3215 01:47:42,823 --> 01:47:44,157 IN REVENUE. WE CANNOT RELY ON A 3216 01:47:44,157 --> 01:47:45,525 SINGLE ONE OF THOSE TO GET US 3217 01:47:45,525 --> 01:47:47,127 OUT OF THE SITUATION THAT WE ARE 3218 01:47:47,127 --> 01:47:52,299 IN AND WHILE IT IS EASY, IT'S 3219 01:47:52,299 --> 01:47:53,700 NOT EASY FOR US TO SAY TODAY 3220 01:47:53,700 --> 01:47:57,604 WHAT THOSE REDUCTIONS WOULD BE, 3221 01:47:57,604 --> 01:47:58,772 WE KNOW THAT SOME REDUCTIONS 3222 01:47:58,772 --> 01:47:59,873 WILL BE COMING IN THIS BUDGET. 3223 01:47:59,873 --> 01:48:03,343 IF WE ARE NOT PREPARING 3224 01:48:03,343 --> 01:48:06,613 OURSELVES TO SOLIDIFY THE VERY 3225 01:48:06,613 --> 01:48:10,684 PROGRAMS THAT HAVE ALREADY 3226 01:48:10,684 --> 01:48:11,718 RECEIVED REDUCTIONS AT THE STATE 3227 01:48:11,718 --> 01:48:12,752 AND FEDERAL LEVEL, THESE WOULD 3228 01:48:12,752 --> 01:48:15,655 END UP AS TRIPLE CUTS AND WHAT I 3229 01:48:15,655 --> 01:48:17,524 HAVE SEEN THREE BUDGETING 3230 01:48:17,524 --> 01:48:19,326 PROCESSES, FROM THE GREAT 3231 01:48:19,326 --> 01:48:21,761 RECESSION TO OVER THE LAST 3232 01:48:21,761 --> 01:48:25,198 NUMBER OF YEARS IS THAT OFTEN 3233 01:48:25,198 --> 01:48:26,466 TIMES THE SERVICES THAT SUPPORT 3234 01:48:26,466 --> 01:48:28,368 THE LEAST AMONGST US ARE THE 3235 01:48:28,368 --> 01:48:38,912 FIRST TO GET REDUCED AND THIS IS 3236 01:48:43,149 --> 01:48:44,217 A WAY TO BALANCE AGAINST THAT. 3237 01:48:44,217 --> 01:48:45,285 >> I THINK THAT'S VERY 3238 01:48:45,285 --> 01:48:46,086 IMPORTANT, DIRECTOR NOBLE. THANK 3239 01:48:46,086 --> 01:48:47,454 YOU. THIS IS ONE OF THE POINTS 3240 01:48:47,454 --> 01:48:48,889 I'VE BEEN SAYING ABOUT THIS. WE 3241 01:48:48,889 --> 01:48:50,323 SHOULD NOT BE LOOKING AT B AND O 3242 01:48:50,323 --> 01:48:51,758 IN AND OF ITSELF. WE SHOULD BE 3243 01:48:51,758 --> 01:48:53,393 LOOKING AT A WAY WITH ALL THE 3244 01:48:53,393 --> 01:48:54,227 VARIOUS PIECES AND HAVE 3245 01:48:54,227 --> 01:48:55,028 COMPREHENSIVE BUDGET REFORM AND 3246 01:48:55,028 --> 01:48:56,296 SET OURSELVES UP FOR SUCCESS IN 3247 01:48:56,296 --> 01:48:57,764 2027. AND PART OF OUR THING IS 3248 01:48:57,764 --> 01:49:01,034 THE MAYOR HAS THIS 3249 01:49:01,034 --> 01:49:02,068 RESPONSIBILITY. I'M NOT A FAN 3250 01:49:02,068 --> 01:49:04,170 OF THESE BUCKETS OR THESE LINE 3251 01:49:04,170 --> 01:49:08,642 AND TO GO TO THIS POINT, I 3252 01:49:08,642 --> 01:49:09,676 WOULD'VE HAD THIS THIRD SLIDE 3253 01:49:09,676 --> 01:49:13,313 BE THE FIRST SLIDE BECAUSE THAT 3254 01:49:13,313 --> 01:49:14,581 GOES TO THAT AND I REALLY 3255 01:49:14,581 --> 01:49:15,749 APPRECIATE THAT. SECOND IS I 3256 01:49:15,749 --> 01:49:16,583 APPRECIATE THE SECOND SLIDE 3257 01:49:16,583 --> 01:49:25,992 STILL BE IN THE SECOND SLIDE 3258 01:49:25,992 --> 01:49:27,294 BECAUSE AS IT PLAYS TO THE 3259 01:49:27,294 --> 01:49:28,094 POINTS RAISED, THE FEDERAL 3260 01:49:28,094 --> 01:49:28,895 FUNDING REDUCTIONS, YOU KNOW 3261 01:49:28,895 --> 01:49:29,896 THAT'S SOMETHING THAT WE HAVE 3262 01:49:29,896 --> 01:49:31,364 TO OFFSET. THAT GOES TO HAVING A 3263 01:49:31,364 --> 01:49:32,666 STRATEGY AND HAVING A PLAN. 3264 01:49:32,666 --> 01:49:33,600 OKAY, IF YOU LOST THE FEDERAL 3265 01:49:33,600 --> 01:49:34,668 PEACE, OKAY. THEN THIRD WOULD 3266 01:49:34,668 --> 01:49:35,835 BE, SAY HEY, UNDER THESE FEDERAL 3267 01:49:35,835 --> 01:49:37,070 PIECES TO THE BUDGET BUCKETS, WE 3268 01:49:37,070 --> 01:49:39,706 TEND TO BE IMPACTED HERE FROM 3269 01:49:39,706 --> 01:49:45,645 FEMA, FOR OEM, TO ALL THE PIECES 3270 01:49:45,645 --> 01:49:46,980 HERE. FOR EXAMPLE, I DON'T SEE 3271 01:49:46,980 --> 01:49:49,883 FEMA ON THIS LIST BUT WHERE THE 3272 01:49:49,883 --> 01:49:51,017 FEDERAL DOLLARS REALLY HAVE AN 3273 01:49:51,017 --> 01:49:54,187 IMPACT, AS OPPOSED TO LEADING 3274 01:49:54,187 --> 01:49:55,188 WITH THIS, BECAUSE ULTIMATELY I 3275 01:49:55,188 --> 01:49:59,893 THINK WE STARTED DOING THIS, WE 3276 01:49:59,893 --> 01:50:01,361 TAKE AWAY FROM THE IDEA THAT THE 3277 01:50:01,361 --> 01:50:02,395 MAYOR HAS THE RESPONSIBILITY AND 3278 01:50:02,395 --> 01:50:03,964 THE ACCOUNTABILITY TO HAVE THE 3279 01:50:03,964 --> 01:50:05,198 BUDGET COVER THE NEEDS OF THE 3280 01:50:05,198 --> 01:50:06,600 CITY AND WE HAVE OUR ROLE THIS 3281 01:50:06,600 --> 01:50:10,070 PROCESS AND LIKE WITH PET, I'M 3282 01:50:10,070 --> 01:50:11,504 NOT A FAN OF THAT BECAUSE I 3283 01:50:11,504 --> 01:50:19,946 THINK IT DISTORTS THAT PROCESS A 3284 01:50:19,946 --> 01:50:21,314 BIT SO A LITTLE BIT EDITORIAL AT 3285 01:50:21,314 --> 01:50:22,716 THE END BUT I WOULD SAY THANK 3286 01:50:22,716 --> 01:50:23,750 YOU MS. LABRECQUE FOR THE 3287 01:50:23,750 --> 01:50:24,951 BRIEFING AND FOR ME, I WOULD'VE 3288 01:50:24,951 --> 01:50:26,753 DONE THE THIRD SLIDE FIRST AND 3289 01:50:26,753 --> 01:50:27,854 TO HIGHLIGHT THAT POINT, THE 3290 01:50:27,854 --> 01:50:28,855 SECOND SLIDE, FOCUSING ON THE 3291 01:50:28,855 --> 01:50:39,332 FEDERAL REDUCTION AND THEN 3292 01:50:39,599 --> 01:50:40,500 WEARING THE AREAS OF FEDERAL 3293 01:50:40,500 --> 01:50:41,768 FUNDING DO WE NEED THE SUPPORT? 3294 01:50:41,768 --> 01:50:42,936 LIKELY HAD THE DV PIECE. THIS 3295 01:50:42,936 --> 01:50:44,137 GOES BACK TO PUBLIC COMMENT SO 3296 01:50:44,137 --> 01:50:45,572 THANK YOU FOR BEING HERE, BY THE 3297 01:50:45,572 --> 01:50:47,040 WAY. LIKE HEY, HOW DO WE ADJUST 3298 01:50:47,040 --> 01:50:48,241 FOR THOSE AREAS WHERE WE ARE 3299 01:50:48,241 --> 01:50:49,242 BEING HURT BECAUSE OF THE 3300 01:50:49,242 --> 01:50:55,949 FEDERAL CUTS? AND SINCE I AM THE 3301 01:50:55,949 --> 01:50:57,517 PUBLIC SAFETY CHAIR I WILL DO A 3302 01:50:57,517 --> 01:50:58,585 PLUG FOR THE FEMA RELATED AREAS, 3303 01:50:58,585 --> 01:50:59,452 TOO. SO THANK YOU. 3304 01:50:59,452 --> 01:51:00,854 >> CHAIR STRAUSS, CAN I SAY ONE 3305 01:51:00,854 --> 01:51:01,755 CLARIFYING THING? JUST TO 3306 01:51:01,755 --> 01:51:02,722 CLARIFY, AND MAYBE I'M JUST 3307 01:51:02,722 --> 01:51:03,223 MISUNDERSTANDING YOU, 3308 01:51:03,223 --> 01:51:04,124 COUNCILMEMBER KETTLE, BUT UP TO 3309 01:51:04,124 --> 01:51:05,358 $30 MILLION MAY BE USED TO 3310 01:51:05,358 --> 01:51:06,593 MITIGATE THE IMPACT OF A FEDERAL 3311 01:51:06,593 --> 01:51:12,132 FUNDING REDUCTION BUT THE 3312 01:51:12,132 --> 01:51:12,932 REMAINING ESTIMATED $60 MILLION 3313 01:51:12,932 --> 01:51:15,168 IS INTENDED TO BACKFILL EXISTING 3314 01:51:15,168 --> 01:51:16,136 PROGRAMS THAT ARE FUNDED WITH 3315 01:51:16,136 --> 01:51:18,038 GENERAL FUNDS, SO THAT $60 3316 01:51:18,038 --> 01:51:21,875 MILLION IS NOT RELATED TO 3317 01:51:21,875 --> 01:51:22,509 OFFSETTING FEDERAL FUNDING 3318 01:51:22,509 --> 01:51:27,947 REDUCTIONS. JUST WANTED TO 3319 01:51:27,947 --> 01:51:28,815 CLARIFY. 3320 01:51:28,815 --> 01:51:30,083 >> COUNCIL PRESIDENT AND THEN 3321 01:51:30,083 --> 01:51:30,517 VICE CHAIR RIVERA. 3322 01:51:30,517 --> 01:51:31,885 >> JUST GETTING AT SOME OF THE 3323 01:51:31,885 --> 01:51:35,955 SPENDING BUCKET. SO YOU 3324 01:51:35,955 --> 01:51:46,399 MENTIONED THE FIGURE $145 3325 01:51:50,336 --> 01:51:51,571 MILLION. SO I THINK THAT'S WHAT 3326 01:51:51,571 --> 01:51:52,772 YOU SAID THAT WE ARE ALREADY 3327 01:51:52,772 --> 01:51:53,807 SPENDING ON THE FIRST CATEGORY 3328 01:51:53,807 --> 01:51:54,808 OF EXPENSES, RIGHT? I'M JUST 3329 01:51:54,808 --> 01:51:56,242 TRYING TO -- JUST HEAR ME OUT, 3330 01:51:56,242 --> 01:51:57,444 THOUGH, BECAUSE I WANT TO KNOW 3331 01:51:57,444 --> 01:51:59,045 HOW MUCH IS THE DEFICIT AS IT IS 3332 01:51:59,045 --> 01:52:00,313 RIGHT NOW AND I KNOW THAT 3333 01:52:00,313 --> 01:52:01,314 PERHAPS DEPUTY MAYOR WONG WILL 3334 01:52:01,314 --> 01:52:02,515 BE ADDRESSING THAT IF WE CAN 3335 01:52:02,515 --> 01:52:03,516 FINALLY GET TO HIS PRESENTATION. 3336 01:52:03,516 --> 01:52:04,951 BUT WHAT IS THE DEFICIT NOW AND 3337 01:52:04,951 --> 01:52:05,952 THEN WILL THIS PROPOSAL THEN 3338 01:52:05,952 --> 01:52:07,954 SOLVE THE LONG-TERM GENERAL FUND 3339 01:52:07,954 --> 01:52:15,195 AND JUMPSTART OR PET SHORTAGES 3340 01:52:15,195 --> 01:52:16,196 GOING FORWARD? SO JUST KNOWING 3341 01:52:16,196 --> 01:52:17,697 THE BIG NUMBER AND WHAT WE ARE 3342 01:52:17,697 --> 01:52:18,865 WALKING BACK FROM WOULD BE GOOD 3343 01:52:18,865 --> 01:52:20,533 TO KNOW. AND ANOTHER QUESTION 3344 01:52:20,533 --> 01:52:24,037 THAT I HAVE IS HAVING TO DO WITH 3345 01:52:24,037 --> 01:52:27,507 FORECASTING THE LAST THREE OR 3346 01:52:27,507 --> 01:52:30,376 FOUR QUARTERLY FORECASTS, EVEN 3347 01:52:30,376 --> 01:52:33,580 BEFORE THE PET SHORTFALL, THE 3348 01:52:33,580 --> 01:52:38,118 FIGURES THAT ARE IN THE RED ARE 3349 01:52:38,118 --> 01:52:39,719 ALWAYS SALES TAX AND B AND O AND 3350 01:52:39,719 --> 01:52:43,923 SOMETIMES REIT AND THAT SHOWS 3351 01:52:43,923 --> 01:52:44,858 DECREASED ECONOMIC ACTIVITY. NOW 3352 01:52:44,858 --> 01:52:45,658 WE HAVE ADOPTED THE PESSIMISTIC 3353 01:52:45,658 --> 01:52:48,361 OUTLOOK OR FORECAST. AND SO WHEN 3354 01:52:48,361 --> 01:52:49,562 WE'RE LOOKING AT THE REVENUES 3355 01:52:49,562 --> 01:52:55,335 OR THE INCOME COMING FROM THIS 3356 01:52:55,335 --> 01:52:56,302 PROPOSAL GOING FORWARD FROM THE 3357 01:52:56,302 --> 01:53:01,508 B AND O, I ASSUME THAT THERE IS 3358 01:53:01,508 --> 01:53:02,408 A THE ESCALATOR ON THERE 3359 01:53:02,408 --> 01:53:03,443 SOMEWHERE, WHERE WE CAN ACCOUNT 3360 01:53:03,443 --> 01:53:07,147 FOR DECREASED ECONOMIC ACTIVITY, 3361 01:53:07,147 --> 01:53:07,714 INVEST REVENUE, RIGHT? 3362 01:53:07,714 --> 01:53:09,349 >> I'M GOING TO TAKE A SHOT AT 3363 01:53:09,349 --> 01:53:13,853 ALL OF THAT SO BASED ON THE 3364 01:53:13,853 --> 01:53:14,621 APRIL FORECAST, THE PRESENTATION 3365 01:53:14,621 --> 01:53:25,131 THAT PROVIDED AN ESTIMATE OF 3366 01:53:29,769 --> 01:53:30,537 COMBINED GENERAL FUND AND 3367 01:53:30,537 --> 01:53:31,638 PAYROLL EXPENSE TAX AND I REALLY 3368 01:53:31,638 --> 01:53:33,072 DO THINK THAT THE USEFUL WAY TO 3369 01:53:33,072 --> 01:53:34,274 BE DOING THIS BECAUSE OF THE 3370 01:53:34,274 --> 01:53:35,275 FLUIDITY BETWEEN THOSE TWO FUNDS 3371 01:53:35,275 --> 01:53:36,509 THAT YOU HAVE NOW ESTABLISHED IN 3372 01:53:36,509 --> 01:53:37,343 POLICY, WORKING WITH THE 3373 01:53:37,343 --> 01:53:38,578 EXECUTIVE TO DO SO. OUR ESTIMATE 3374 01:53:38,578 --> 01:53:39,813 OF THAT DEFICIT IS BETWEEN 235 3375 01:53:39,813 --> 01:53:41,814 AND 240 MILLION. I WOULD PUT 3376 01:53:41,814 --> 01:53:42,849 SOME CARROTS, SOME GRAINS OF 3377 01:53:42,849 --> 01:53:44,083 SALT ON THAT, BUT IT'S WELL 3378 01:53:44,083 --> 01:53:48,221 NORTH OF $200 MILLION. THIS 3379 01:53:48,221 --> 01:53:49,255 REVENUE PROPOSAL IS WELL SHORT 3380 01:53:49,255 --> 01:53:50,390 OF THAT SO I VERY MUCH 3381 01:53:50,390 --> 01:53:51,291 APPRECIATE THE QUESTION BECAUSE 3382 01:53:51,291 --> 01:53:55,495 I THINK EVERYBODY HERE AND 3383 01:53:55,495 --> 01:53:56,496 CANDIDLY THE VOTING PUBLIC NEED 3384 01:53:56,496 --> 01:53:57,664 TO UNDERSTAND THAT THIS IS NOT 3385 01:53:57,664 --> 01:53:58,932 GOING TO SOLVE THAT PROBLEM. I 3386 01:53:58,932 --> 01:54:02,769 THINK YOU WILL SEE THAT WHEN THE 3387 01:54:02,769 --> 01:54:04,037 BUDGET COMES DOWN IN THE FALL 3388 01:54:04,037 --> 01:54:05,104 THAT WE'RE GOING TO GET 3389 01:54:05,104 --> 01:54:06,005 THROUGH, IF YOU CHOOSE TO 3390 01:54:06,005 --> 01:54:11,845 IMPLEMENT AS PROPOSED, 2026 WITH 3391 01:54:11,845 --> 01:54:14,847 REDUCTIONS BUT IN SOME SENSE 3392 01:54:14,847 --> 01:54:15,582 MINIMAL REDUCTIONS. BUT THE 3393 01:54:15,582 --> 01:54:16,816 CHALLENGE THAT SETS UP FOR '27 3394 01:54:16,816 --> 01:54:18,017 NOW IS GOING TO BE SIGNIFICANT 3395 01:54:18,017 --> 01:54:23,756 AND SEVERE, IF YOU WILL, BECAUSE 3396 01:54:23,756 --> 01:54:24,991 230, 245 MINUS 60 REALLY BECAUSE 3397 01:54:24,991 --> 01:54:26,159 30 OF THIS IS REALLY INTENDED 3398 01:54:26,159 --> 01:54:27,227 FOR SOMETHING ELSE, IS WELL 3399 01:54:27,227 --> 01:54:28,461 ABOVE 150 MILLION, EVEN TO PUT 3400 01:54:28,461 --> 01:54:31,531 THIS IN A BALLPARK. AND I REMIND 3401 01:54:31,531 --> 01:54:32,165 COUNCILMEMBERS, THE IDEA 3402 01:54:32,165 --> 01:54:32,966 STREAMLINING A CITY BUDGET 3403 01:54:32,966 --> 01:54:38,104 SOUNDS GREAT IN THEORY BUT THE 3404 01:54:38,104 --> 01:54:38,905 ACTUAL REALITY, THE REDUCTIONS 3405 01:54:38,905 --> 01:54:40,340 THAT HAVE COME TO COUNCIL IN THE 3406 01:54:40,340 --> 01:54:41,908 PAST FEW YEARS OR I HAVE SEEN IN 3407 01:54:41,908 --> 01:54:47,413 THIS CHAIR AND IN THAT CHAIR IS 3408 01:54:47,413 --> 01:54:48,948 THE SAME BUDGET, ARE ONES THAT 3409 01:54:48,948 --> 01:54:49,682 ARE ALWAYS DIFFICULT TO SWALLOW. 3410 01:54:49,682 --> 01:54:50,683 THE CITY IS PROVIDING SERVICES 3411 01:54:50,683 --> 01:54:52,118 THAT ARE OF VALUE TO CITIZENS OF 3412 01:54:52,118 --> 01:54:53,720 ALL DIFFERENT FRAMES AND I JUST 3413 01:54:53,720 --> 01:54:54,821 WANT TO EMPHASIZE THE CHALLENGE 3414 01:54:54,821 --> 01:54:56,656 THAT YOU'RE FACING AND LOOKING 3415 01:54:56,656 --> 01:54:59,092 AHEAD SO NOW WITH RESPECT TO THE 3416 01:54:59,092 --> 01:55:05,398 OTHER PART OF YOUR QUESTION, THE 3417 01:55:05,398 --> 01:55:06,599 OTHER PART OF THE FORECAST, WHEN 3418 01:55:06,599 --> 01:55:07,834 YOU SEE THE FORECAST, WHAT RED 3419 01:55:07,834 --> 01:55:13,673 GENERALLY MEANS IS WE ARE 3420 01:55:13,673 --> 01:55:15,041 USUALLY COMPARING -- TWO 3421 01:55:15,041 --> 01:55:15,608 DIFFERENT THINGS WE'RE 3422 01:55:15,608 --> 01:55:16,342 COMPARING. SOMETIMES WE ARE 3423 01:55:16,342 --> 01:55:17,410 COMPARING THIS YEAR TO THE 3424 01:55:17,410 --> 01:55:18,611 PREVIOUS YEAR IN WHICH CASE RED 3425 01:55:18,611 --> 01:55:19,779 ACTUALLY SHOWS A DECLINE IN 3426 01:55:19,779 --> 01:55:20,680 REVENUES. OTHER TIMES WE ARE 3427 01:55:20,680 --> 01:55:21,781 SHOWING THE CURRENT FORECAST FOR 3428 01:55:21,781 --> 01:55:23,116 SAKE THIS YEAR OR NEXT YEAR AND 3429 01:55:23,116 --> 01:55:24,183 WE'RE COMPARING IT TO THE 3430 01:55:24,183 --> 01:55:25,184 PREVIOUS FORECAST AND IF THE 3431 01:55:25,184 --> 01:55:26,219 FORECAST GOES DOWN EVEN IF 3432 01:55:26,219 --> 01:55:36,763 POTENTIALLY UNDERLYING GO UP :-( 3433 01:56:01,688 --> 01:56:03,723 >> WHEN I WAS JUST LEAVING WE 3434 01:56:03,723 --> 01:56:04,590 WERE ANTICIPATING A PERIOD OF 3435 01:56:04,590 --> 01:56:05,491 LOWER GROWTH GOING FORWARD THAT 3436 01:56:05,491 --> 01:56:07,126 THE U.S. ECONOMY AS A WHOLE IN 3437 01:56:07,126 --> 01:56:08,127 THIS REGION IN PARTICULAR AND WE 3438 01:56:08,127 --> 01:56:09,162 ARE SEEING THAT. WE ARE 3439 01:56:09,162 --> 01:56:10,029 DEFINITELY SEEING SLOWER GROWTH 3440 01:56:10,029 --> 01:56:10,830 AND ANTICIPATE THAT GOING 3441 01:56:10,830 --> 01:56:12,031 FORWARD. THAT IS A CHALLENGE FOR 3442 01:56:12,031 --> 01:56:13,032 THE CITY BECAUSE OUR EXPENSES 3443 01:56:13,032 --> 01:56:14,100 ARE GROWING QUICKLY AND BECAUSE 3444 01:56:14,100 --> 01:56:15,535 THE DEMAND FOR SERVICES AT SOME 3445 01:56:15,535 --> 01:56:16,536 LEVEL WAS ALWAYS INFINITE AND 3446 01:56:16,536 --> 01:56:17,603 WITH THE CHANGES IN FEDERAL 3447 01:56:17,603 --> 01:56:18,838 POLICY IS ACTIVELY GROWING TWO 3448 01:56:18,838 --> 01:56:22,508 KINDS OF SERVICES THAT THE CITY 3449 01:56:22,508 --> 01:56:23,710 PROVIDES SO IT'S LESS THAT WE 3450 01:56:23,710 --> 01:56:24,711 ARE SEEING ECONOMIC DECLINE BUT 3451 01:56:24,711 --> 01:56:25,945 RATHER THE PACE OF GROWTH HAS 3452 01:56:25,945 --> 01:56:27,013 BEEN SLOWER AND WE'RE EXPECTING 3453 01:56:27,013 --> 01:56:34,487 IT TO BE SLOWER GOING FORWARD. 3454 01:56:34,487 --> 01:56:35,588 >> COUNCIL PRESIDENT, I'LL LET 3455 01:56:35,588 --> 01:56:38,124 YOU CONTINUE. I JUST WANT TO 3456 01:56:38,124 --> 01:56:39,192 SAY, DIRECTOR NOBLE, I BELIEVE 3457 01:56:39,192 --> 01:56:40,793 YOU ARE THE ONLY PERSON WHO HAS 3458 01:56:40,793 --> 01:56:42,261 SET IN THE DIRECT HER SEAT OF 3459 01:56:42,261 --> 01:56:44,697 THE CITY BUDGET OFFICE, THE 3460 01:56:44,697 --> 01:56:45,498 FORECASTING OFFICE AND CENTRAL 3461 01:56:45,498 --> 01:56:51,003 STAFF, IS THAT CORRECT? 3462 01:56:51,003 --> 01:56:53,673 >> IT'S ONLY EXISTED FOR A FEW 3463 01:56:53,673 --> 01:56:59,245 YEARS BUT THE ANSWER IS YES. NO 3464 01:56:59,379 --> 01:57:00,546 >> I RAISE THAT FACT BECAUSE OF 3465 01:57:00,546 --> 01:57:01,714 THE WARNING THAT YOU JUST 3466 01:57:01,714 --> 01:57:02,415 PROVIDED THAT EVERY TIME 3467 01:57:02,415 --> 01:57:03,249 EFFICIENCIES OR REDUCTIONS HAVE, 3468 01:57:03,249 --> 01:57:04,851 IT HAS BEEN VERY DIFFICULT TO 3469 01:57:04,851 --> 01:57:08,121 IMPLEMENT BECAUSE OF THE REALITY 3470 01:57:08,121 --> 01:57:12,658 OF THE IMPACT IT HAS OF EVERYDAY 3471 01:57:12,658 --> 01:57:16,596 LIVES OF EVERYDAY SEATTLEITES. 3472 01:57:16,596 --> 01:57:17,697 YOU STILL GOT THE FLOOR SO 3473 01:57:17,697 --> 01:57:22,034 CONTINUE TO 3474 01:57:22,201 --> 01:57:25,805 >> WHEN I SAY READ I SAY SLOWER 3475 01:57:25,805 --> 01:57:27,540 GROWTH. WHEN I SAY READ I SEE 3476 01:57:27,540 --> 01:57:37,817 SOMETHING IT IS 3477 01:57:38,551 --> 01:57:39,352 DRIVING HIS THE FORECAST 3478 01:57:39,352 --> 01:57:42,488 REVEALED THAT THE ECONOMY, 3479 01:57:42,488 --> 01:57:43,423 PARTICULARLY THE TECHNOLOGY SIDE 3480 01:57:43,423 --> 01:57:45,992 HAS BEEN GROWING SLOWER . THE 3481 01:57:45,992 --> 01:57:46,859 ECONOMIC IMPACTS OUR LANDING 3482 01:57:46,859 --> 01:57:53,966 GEAR AS REVENUE IMPACTS. 3483 01:57:53,966 --> 01:57:54,634 >> VICE CHAIR? 3484 01:57:54,634 --> 01:57:57,537 >> THANK YOU. THANK YOU , 3485 01:57:57,537 --> 01:58:03,009 COUNCILMEMBER KETTLE . I FIND 3486 01:58:03,009 --> 01:58:03,943 YOUR POINTS COMPELLING. WE HAVE 3487 01:58:03,943 --> 01:58:06,279 ALL THESE FUNDING SOURCES, WE 3488 01:58:06,279 --> 01:58:07,313 ARE DEDICATING SPECIFIC THINGS 3489 01:58:07,313 --> 01:58:09,015 TO THEM. WE HAVE THIS BUDGET 3490 01:58:09,015 --> 01:58:13,352 DEFICIT. THERE DOES NOT SEEM TO 3491 01:58:13,352 --> 01:58:17,023 BE A HOLISTIC PLAN FOR HOW TO 3492 01:58:17,023 --> 01:58:18,558 TACKLE THE BUDGET AND THE 3493 01:58:18,558 --> 01:58:25,031 DEFICIT. TOWARD THAT END, THIS 3494 01:58:25,031 --> 01:58:28,100 PARTICULAR REVENUE SOURCE IS NOT 3495 01:58:28,100 --> 01:58:29,535 GOING TO BACKFILL FOR THE 3496 01:58:29,535 --> 01:58:34,740 DEFICIT. YOU CAN'T EVEN GET TO 3497 01:58:34,740 --> 01:58:36,209 THE FEDERAL CUTS IF YOU CAN'T 3498 01:58:36,209 --> 01:58:37,443 EVEN GET TO OUR CITY DEFICIT. 3499 01:58:37,443 --> 01:58:39,045 THOSE ARE TWO DIFFERENT THINGS. 3500 01:58:39,045 --> 01:58:42,415 WE DON'T KNOW, AND I THINK YOU 3501 01:58:42,415 --> 01:58:44,283 ARE GOING TO TELL US WHAT THE 3502 01:58:44,283 --> 01:58:47,153 FEDERAL IMPACT FOR TO THE CITY 3503 01:58:47,153 --> 01:58:52,325 SO WE NEED TO KNOW THAT. THEN 3504 01:58:52,325 --> 01:58:54,227 HARD CHOICES WILL HAVE TO BE 3505 01:58:54,227 --> 01:58:59,899 MADE ON -- DO WE PAY FOR 3506 01:58:59,899 --> 01:59:01,200 SOMETHING WE ARE LOSING FOR THE 3507 01:59:01,200 --> 01:59:04,270 FEDS? OR DO WE GO TO THE DEFICIT 3508 01:59:04,270 --> 01:59:06,339 . I SUSPECT SOME OF THE STUFF WE 3509 01:59:06,339 --> 01:59:07,273 ARE LOSING FROM THE FEDS 3510 01:59:07,273 --> 01:59:08,808 ACTUALLY GOES TO OUR CITY 3511 01:59:08,808 --> 01:59:11,310 DEFICIT BECAUSE WE ARE GETTING 3512 01:59:11,310 --> 01:59:17,183 SOME MONEY THAT IS CONTRIBUTING 3513 01:59:17,183 --> 01:59:20,019 TO EVEN A BIGGER DEFICIT THAN 3514 01:59:20,019 --> 01:59:21,954 YOU JUST OUTLINED. MAYBE IT IS 3515 01:59:21,954 --> 01:59:23,523 MORE DEPENDING ON WHATEVER THIS 3516 01:59:23,523 --> 01:59:28,728 IS. AT THE END OF THE DAY, IT 3517 01:59:28,728 --> 01:59:30,096 BEGS THE QUESTION WHY NOT JUST 3518 01:59:30,096 --> 01:59:32,231 PUT ALL OF THIS IN THE GENERAL 3519 01:59:32,231 --> 01:59:34,167 FUND AND AS YOU ARE DOING THE 3520 01:59:34,167 --> 01:59:36,302 BUDGET PROCESS YOU ARE 3521 01:59:36,302 --> 01:59:38,237 DELINEATED AND WHERE IT GOES. WE 3522 01:59:38,237 --> 01:59:41,040 KEEP DOING THESE FUNDING SOURCES 3523 01:59:41,040 --> 01:59:43,109 AND THEN NARROWING BUT WE CAN 3524 01:59:43,109 --> 01:59:46,379 USE TO SPEND WITH IT. THEREBY IN 3525 01:59:46,379 --> 01:59:48,748 SOME CASES WE ARE CONTINUING TO 3526 01:59:48,748 --> 01:59:50,049 CREATE THIS GENERAL FUND 3527 01:59:50,049 --> 01:59:54,854 DEFICIT. ONCE WE ALLOCATE THE 3528 01:59:54,854 --> 01:59:58,591 USE TO THAT PARTICULAR FUND WE 3529 01:59:58,591 --> 02:00:04,730 CAN'T USE IT FOR OTHER THINGS. 3530 02:00:04,730 --> 02:00:06,732 SOME OF THE THINGS GOING THROUGH 3531 02:00:06,732 --> 02:00:08,000 YOUR MIND YOU ARE MAKING THE 3532 02:00:08,000 --> 02:00:09,735 STATEMENTS ABOUT BUDGET REFORM 3533 02:00:09,735 --> 02:00:12,038 AND HOW TO BEST TACKLE ALL 3534 02:00:12,038 --> 02:00:14,807 REVENUE SOURCES TO THINK ABOUT 3535 02:00:14,807 --> 02:00:17,610 THEM AND DO WE JUST THINK ABOUT 3536 02:00:17,610 --> 02:00:22,181 THEM ALL AS GENERAL FUND DUE TO 3537 02:00:22,181 --> 02:00:23,316 THOSE ALLOCATIONS OR DO WE 3538 02:00:23,316 --> 02:00:26,285 CONTINUE TO DO THIS IN A WAY 3539 02:00:26,285 --> 02:00:28,187 WHERE IT IS VERY IN MY MIND AD 3540 02:00:28,187 --> 02:00:30,022 HOC. TO YOUR POINT, 3541 02:00:30,022 --> 02:00:34,193 COUNCILMEMBER KETTLE , AS WELL 3542 02:00:34,193 --> 02:00:35,962 IN TERMS OF REVENUE I DON'T 3543 02:00:35,962 --> 02:00:37,663 KNOW HOW THESE GOT DETERMINED TO 3544 02:00:37,663 --> 02:00:44,070 BE IN HERE. OTHER THINGS ARE NOT 3545 02:00:44,070 --> 02:00:45,671 IN HERE THAT PEOPLE CARE ABOUT 3546 02:00:45,671 --> 02:00:46,839 THE CITY FUNDING AS WELL. YOU 3547 02:00:46,839 --> 02:00:50,276 MENTION FEMA BUT THERE ARE OTHER 3548 02:00:50,276 --> 02:00:51,911 THINGS THAT PEOPLE CARE ABOUT 3549 02:00:51,911 --> 02:00:53,579 THAT ARE NOT ON THE LIST. I'M 3550 02:00:53,579 --> 02:00:54,981 NOT REALLY SURE HOW THE LIST 3551 02:00:54,981 --> 02:00:56,616 CAME TO BE. I DO HAVE A 3552 02:00:56,616 --> 02:01:01,220 QUESTION. THE QUESTION IS, GIVEN 3553 02:01:01,220 --> 02:01:02,488 ALL OF THAT IS THERE 3554 02:01:02,488 --> 02:01:03,456 CONSIDERATION TO JUST NOT SINGLE 3555 02:01:03,456 --> 02:01:07,960 OUT THINGS TO BE FUNDED BUT THIS 3556 02:01:07,960 --> 02:01:09,595 WILL GO INTO THE GENERAL FUND TO 3557 02:01:09,595 --> 02:01:10,796 HELP BACKFILL FOR THE DEFICIT 3558 02:01:10,796 --> 02:01:13,032 AND FEDERAL IMPACTS AND THEN 3559 02:01:13,032 --> 02:01:17,036 DURING BUDGET TIME ALLOCATE 3560 02:01:17,036 --> 02:01:18,270 DEPENDING ON HOW THIS IMPACTS 3561 02:01:18,270 --> 02:01:19,238 ARE GOING TO BE. 3562 02:01:19,238 --> 02:01:23,609 >> THANK YOU, COUNCILMEMBER, FOR 3563 02:01:23,609 --> 02:01:25,645 THE QUESTION. I WILL MAKE AN 3564 02:01:25,645 --> 02:01:26,946 OBSERVATION THAT I APPRECIATE 3565 02:01:26,946 --> 02:01:28,347 YOUR AND COUNCILMEMBER KETTLE'S 3566 02:01:28,347 --> 02:01:31,350 GOOD GOVERNANCE POLICY AND 3567 02:01:31,350 --> 02:01:35,354 LOGICAL APPROACH TO THE BUDGET. 3568 02:01:35,354 --> 02:01:37,490 IN A WAY, THE BUDGET WE SEND 3569 02:01:37,490 --> 02:01:39,425 DOWN AND YOU APPROVE IS THE 3570 02:01:39,425 --> 02:01:41,994 ROUGH PLAN. I THINK YOU ARE 3571 02:01:41,994 --> 02:01:44,030 ASKING FOR A LITTLE BIT OF GOING 3572 02:01:44,030 --> 02:01:46,132 UP A LEVEL TRYING TO THINK ABOUT 3573 02:01:46,132 --> 02:01:47,667 HOW DOES THIS WORK TOGETHER 3574 02:01:47,667 --> 02:01:52,071 PRACTICALLY. I THINK THAT IS THE 3575 02:01:52,071 --> 02:01:53,572 RIGHT APPROACH. I WOULD SAY IT 3576 02:01:53,572 --> 02:01:54,407 IS INCREDIBLY CHALLENGING WITH 3577 02:01:54,407 --> 02:01:55,574 THE FEDERAL GOVERNMENT AND THE 3578 02:01:55,574 --> 02:01:56,942 PLACE IT IS BECAUSE IT IS 3579 02:01:56,942 --> 02:02:00,646 GOVERNING BY CHAOS. IT IS HARD 3580 02:02:00,646 --> 02:02:03,215 TO ANTICIPATE AND RESPOND IN THE 3581 02:02:03,215 --> 02:02:04,483 RESPONSIBLE WAY WHEN YOU HAVE 3582 02:02:04,483 --> 02:02:09,622 SUCH AN UNPREDICTABLE LEVER . AT 3583 02:02:09,622 --> 02:02:11,390 BEN'S POINT EARLIER WE ARE NOT 3584 02:02:11,390 --> 02:02:16,028 SURE ABOUT WHERE THAT WILL LAND. 3585 02:02:16,028 --> 02:02:17,329 THE POTENTIAL IMPACT IS BROAD. 3586 02:02:17,329 --> 02:02:18,798 WE KNOW IT IS A QUESTION OF 3587 02:02:18,798 --> 02:02:21,033 WHEN, NOT IF. I THINK THERE WILL 3588 02:02:21,033 --> 02:02:24,136 BE A BRIEFING ON THE SO-CALLED 3589 02:02:24,136 --> 02:02:26,605 BIG BEAUTIFUL BILL AND FEDERAL 3590 02:02:26,605 --> 02:02:29,675 RESPONSE COMMITTEE COMING UP 3591 02:02:29,675 --> 02:02:31,043 BECAUSE THAT IS WHERE WE WILL 3592 02:02:31,043 --> 02:02:33,245 REALLY SEE SOME AND ACT IN THE 3593 02:02:33,245 --> 02:02:35,514 COMING YEARS. MORE DIRECTLY TO 3594 02:02:35,514 --> 02:02:38,584 YOUR QUESTION THAT YOU RAISED, 3595 02:02:38,584 --> 02:02:39,752 ABSOLUTELY. THERE IS 3596 02:02:39,752 --> 02:02:45,291 CONSIDERATION ALWAYS . WE ARE 3597 02:02:45,291 --> 02:02:46,592 TRYING TO STRIKE A BALANCE OF 3598 02:02:46,592 --> 02:02:47,760 ASSURING THE PUBLIC THAT THESE 3599 02:02:47,760 --> 02:02:49,662 FUNDS WILL BE GOING TO THINGS 3600 02:02:49,662 --> 02:02:51,030 THAT ARE COVERING THE MOST BASIC 3601 02:02:51,030 --> 02:02:52,531 NEEDS AS WAS POINTED OUT WHETHER 3602 02:02:52,531 --> 02:02:54,600 IT IS FOOD, DOMESTIC VIOLENCE, 3603 02:02:54,600 --> 02:02:56,102 THINGS WE KNOW ARE IMPORTANT 3604 02:02:56,102 --> 02:02:57,470 PRIORITIES FOR THE PEOPLE OF 3605 02:02:57,470 --> 02:03:00,339 SEATTLE WHILE ALLOWING FOR 3606 02:03:00,339 --> 02:03:04,910 FLEXIBILITY IN A WAY THAT WE 3607 02:03:04,910 --> 02:03:06,445 KNOW THERE IS A NUMBER OF 3608 02:03:06,445 --> 02:03:07,480 DIFFERENT AREAS THAT COULD COME 3609 02:03:07,480 --> 02:03:08,447 TO THAT. HOUSING, HOMELESSNESS 3610 02:03:08,447 --> 02:03:10,783 OBVIOUSLY VERY BROAD AND WHAT WE 3611 02:03:10,783 --> 02:03:12,218 FUNDS THERE. WE KNOW THAT THE 3612 02:03:12,218 --> 02:03:15,154 NEED WILL BE GREAT. IT TRIES TO 3613 02:03:15,154 --> 02:03:17,156 STRIKE THAT BALANCE BETWEEN 3614 02:03:17,156 --> 02:03:18,791 FLEXIBILITY AND ACCOUNTABILITY. 3615 02:03:18,791 --> 02:03:20,893 I DO NOT THINK THERE IS A 3616 02:03:20,893 --> 02:03:24,530 PERFECT MATHEMATICAL EQUATION 3617 02:03:24,530 --> 02:03:26,065 FOR A HOW YOU FIND THAT BALANCE. 3618 02:03:26,065 --> 02:03:29,068 IT IS APOLOGIES -- A POLICY 3619 02:03:29,068 --> 02:03:33,506 DECISION. I WILL REFER TO 3620 02:03:33,506 --> 02:03:43,849 COUNCILMEMBER RINK. 3621 02:03:46,051 --> 02:03:47,486 >> THIS IS WHERE WE ARE 3622 02:03:47,486 --> 02:03:48,687 ANTICIPATING THE CUTS WILL BE 3623 02:03:48,687 --> 02:03:50,189 THE DEEPEST. THESE SERVICES AS 3624 02:03:50,189 --> 02:03:51,824 WE KNOW HAVE OFFERED TREMENDOUS 3625 02:03:51,824 --> 02:03:54,226 BENEFIT TO OUR COMMUNITY IN 3626 02:03:54,226 --> 02:03:57,062 TERMS OF TAKING CARE OF OUR MOST 3627 02:03:57,062 --> 02:03:58,564 VULNERABLE NEIGHBORS. WE HAVE 3628 02:03:58,564 --> 02:04:03,402 BEEN EXPLORING THE PROSPECTIVE 3629 02:04:03,402 --> 02:04:07,206 CUTS COMING OUR WAY . 3630 02:04:07,206 --> 02:04:08,340 COUNCILMEMBER RIVERA KNOW YOU 3631 02:04:08,340 --> 02:04:13,112 WERE ASKING ABOUT HOW WE 3632 02:04:13,112 --> 02:04:14,046 UNDERSTAND THOSE CHANGES. WE 3633 02:04:14,046 --> 02:04:15,247 HAVE BEEN DISCUSSING THOSE OVER 3634 02:04:15,247 --> 02:04:20,953 THE PAST COUPLE OF SESSIONS. I 3635 02:04:20,953 --> 02:04:22,321 KNOW YOU HAVE NOT ALWAYS BEEN 3636 02:04:22,321 --> 02:04:23,789 ABLE TO JOIN THOSE SESSIONS BUT 3637 02:04:23,789 --> 02:04:25,357 WE WILL BE MEETING THIS FRIDAY 3638 02:04:25,357 --> 02:04:26,358 TO BE TALKING SPECIFICALLY ABOUT 3639 02:04:26,358 --> 02:04:27,726 THE NATURE OF THE CUTS OUTLINED 3640 02:04:27,726 --> 02:04:29,962 IN, AS I CALL IT THE PEWTER -- 3641 02:04:29,962 --> 02:04:34,300 BRUTAL BETRAYAL BILL . WE WILL 3642 02:04:34,300 --> 02:04:35,768 HAVE A NUMBER OF PROVIDERS WHO 3643 02:04:35,768 --> 02:04:37,136 WORK IN THE AREAS OUTLINED IN 3644 02:04:37,136 --> 02:04:38,671 THIS LEGISLATION WHO WILL BE 3645 02:04:38,671 --> 02:04:40,773 SPEAKING TO THE DIRECT IMPACTS 3646 02:04:40,773 --> 02:04:43,008 TO THEIR WORK. THESE OUTLINED 3647 02:04:43,008 --> 02:04:45,811 AREAS ARE INFORMED BY THE 3648 02:04:45,811 --> 02:04:47,680 FINDINGS OF OUR SELECT COMMITTEE 3649 02:04:47,680 --> 02:04:54,320 MEETINGS. ADDITIONALLY, THE 3650 02:04:54,320 --> 02:04:55,354 INFORMATION THAT HAS BEEN 3651 02:04:55,354 --> 02:04:56,922 BROUGHT TO MY OFFICE BY A NUMBER 3652 02:04:56,922 --> 02:04:58,090 OF FOLKS ACROSS THE COMMUNITY. 3653 02:04:58,090 --> 02:04:59,725 AND WHAT WE CONTINUE TO HEAR ARE 3654 02:04:59,725 --> 02:05:03,262 THE LARGEST CONCERNS. WE KNOW 3655 02:05:03,262 --> 02:05:04,263 THAT HOMELESSNESS CONTINUES TO 3656 02:05:04,263 --> 02:05:05,831 BE THE NUMBER ONE ISSUE. SOME OF 3657 02:05:05,831 --> 02:05:07,299 THE CUT THAT HAVE BEEN 3658 02:05:07,299 --> 02:05:08,634 HIGHLIGHTED AS POTENTIALLY 3659 02:05:08,634 --> 02:05:11,503 COMING OUR WAY ARE RELATED TO 3660 02:05:11,503 --> 02:05:12,872 CONTINUUM OF CARE FUNDING AS 3661 02:05:12,872 --> 02:05:16,876 WELL AS EMERGENCY HOUSING 3662 02:05:16,876 --> 02:05:18,277 VOUCHERS. I WILL REMIND THE BODY 3663 02:05:18,277 --> 02:05:22,948 THAT THE CONTINUING CARE KEEPS 3664 02:05:22,948 --> 02:05:26,886 4500 HOUSEHOLDS HOUSED . THAT IS 3665 02:05:26,886 --> 02:05:29,021 HOUSEHOLDS NOT PEOPLE . WE ARE 3666 02:05:29,021 --> 02:05:32,224 TALKING ABOUT THOUSANDS OF 3667 02:05:32,224 --> 02:05:36,228 RESIDENTS IN THE REGION. IT HAS 3668 02:05:36,228 --> 02:05:37,229 ALSO BEEN INDICATED THAT THE 3669 02:05:37,229 --> 02:05:38,430 EMERGENCY HOUSING VOUCHERS THAT 3670 02:05:38,430 --> 02:05:39,999 CAME THROUGH THE AMERICAN RESCUE 3671 02:05:39,999 --> 02:05:43,102 PLAN, THESE HOUSING VOUCHERS 3672 02:05:43,102 --> 02:05:45,938 WERE INTENDED TO HAVE 10 YEARS 3673 02:05:45,938 --> 02:05:46,605 OF HOUSING AFFORDABILITY 3674 02:05:46,605 --> 02:05:49,675 ASSOCIATED WITH IT IS INDICATED 3675 02:05:49,675 --> 02:05:51,810 THAT THESE WILL AND IN THE 3676 02:05:51,810 --> 02:05:54,713 COMING MONTHS . SPRUCE SEATTLE 3677 02:05:54,713 --> 02:05:56,415 HOUSING AUTHORITY WE HAVE ABOUT 3678 02:05:56,415 --> 02:05:58,284 500 HOUSEHOLDS AND VOUCHERS 3679 02:05:58,284 --> 02:06:04,556 ASSOCIATED . THIS OFFERS AN 3680 02:06:04,556 --> 02:06:09,261 OPPORTUNITY FOR SOME PIECES. 3681 02:06:09,261 --> 02:06:11,297 THIS MATTERS AS THE CUT TO SNAP 3682 02:06:11,297 --> 02:06:12,998 BECAUSE OF THE BIG BETRAYAL 3683 02:06:12,998 --> 02:06:17,436 BUILT BEEN CUT BY ABOUT A THIRD. 3684 02:06:17,436 --> 02:06:19,805 MY OFFICE HAS ASKED FOR AN 3685 02:06:19,805 --> 02:06:26,245 ANALYSIS THAT OF WHAT THAT MEANS 3686 02:06:26,245 --> 02:06:27,413 FOR RESIDENTS. BEING ABLE TO 3687 02:06:27,413 --> 02:06:29,081 ADDRESS THAT NEED WHILE ALSO 3688 02:06:29,081 --> 02:06:35,421 MOCKING AND ON SERVICES WILL BE 3689 02:06:35,421 --> 02:06:37,022 A REAL NEED. I WILL CLOSE BY 3690 02:06:37,022 --> 02:06:39,391 SAYING AGAIN THIS IS AN 3691 02:06:39,391 --> 02:06:40,526 OPPORTUNITY TO SEND SOMETHING TO 3692 02:06:40,526 --> 02:06:41,961 VOTERS. WE NEED TO BE CLEAR 3693 02:06:41,961 --> 02:06:43,395 ABOUT WHAT WE INTEND TO USE 3694 02:06:43,395 --> 02:06:44,530 THESE FUNDS FOR. HAVING SOME 3695 02:06:44,530 --> 02:06:46,065 AMOUNT OF OUTLINING WHAT WE 3696 02:06:46,065 --> 02:06:48,734 INTEND TO SPEND THESE FUNDS ON 3697 02:06:48,734 --> 02:06:51,203 WILL BE REALLY IMPORTANT FOR 3698 02:06:51,203 --> 02:06:52,571 SENDING A CLEAR MESSAGE TO 3699 02:06:52,571 --> 02:06:54,139 VOTERS. 3700 02:06:54,139 --> 02:06:56,575 >> THANK YOU. THANK YOU, 3701 02:06:56,575 --> 02:07:01,246 COUNCILMEMBER RINCK. PLEASE BE 3702 02:07:01,246 --> 02:07:02,648 ASSURED WHEN I'M NOT ABLE TO 3703 02:07:02,648 --> 02:07:04,016 ATTEND I WATCH TO GET THE 3704 02:07:04,016 --> 02:07:05,718 INFORMATION. I HAVE NOT SEEN 3705 02:07:05,718 --> 02:07:07,853 INFORMATION DATA AT THAT 3706 02:07:07,853 --> 02:07:09,321 COMMITTEE. I JUST MEAN HOLISTIC 3707 02:07:09,321 --> 02:07:11,490 DATA ON WHAT ALL THE CUTS ARE 3708 02:07:11,490 --> 02:07:12,958 FROM THE FEDERAL GOVERNMENT. I 3709 02:07:12,958 --> 02:07:17,463 APPRECIATE YOU BRINGING 3710 02:07:17,463 --> 02:07:18,230 COMMUNITY-BASED ORGANIZATIONS IN 3711 02:07:18,230 --> 02:07:19,365 CHAMBERS. IT IS IMPORTANT TO 3712 02:07:19,365 --> 02:07:20,833 HEAR FROM THEM ON THE IMPACTS 3713 02:07:20,833 --> 02:07:22,801 THEY ARE DIRECTLY FACING. THERE 3714 02:07:22,801 --> 02:07:26,872 IS A BIGGER LANDSCAPE HERE. AS A 3715 02:07:26,872 --> 02:07:28,640 GOVERNMENT WE NEED TO GET TO 3716 02:07:28,640 --> 02:07:31,377 THAT INFORMATION, NOT JUST ONE 3717 02:07:31,377 --> 02:07:34,947 BY ONE BECAUSE WE DO NOT HAVE 3718 02:07:34,947 --> 02:07:36,382 ALL OF THEM COMING IN HERE 3719 02:07:36,382 --> 02:07:37,716 TELLING US HOW MUCH WE ARE 3720 02:07:37,716 --> 02:07:39,785 LOSING ON FOOD ET CETERA. I WILL 3721 02:07:39,785 --> 02:07:42,454 SAY I SUPPORT ALL OF THESE 3722 02:07:42,454 --> 02:07:46,759 INVESTMENTS. I WANT TO MAKE IT 3723 02:07:46,759 --> 02:07:47,860 CLEAR THAT'S NOT WHAT I'M 3724 02:07:47,860 --> 02:07:49,461 TRYING TO SAY. THERE ARE OTHER 3725 02:07:49,461 --> 02:07:50,562 INVESTMENTS THAT AREN'T HERE. I 3726 02:07:50,562 --> 02:07:55,601 WANT TO KNOW WHAT WHETHER THERE 3727 02:07:55,601 --> 02:07:56,835 WAS STATED THAT INFORMED THE 3728 02:07:56,835 --> 02:07:58,237 LIST. WE KNOW THAT OTHER FOLKS 3729 02:07:58,237 --> 02:07:59,471 WILL BE ASKING FOR SUPPORT IN 3730 02:07:59,471 --> 02:08:01,874 THESE OTHER AREAS. I AM JUST 3731 02:08:01,874 --> 02:08:03,876 TRYING TO GET TO HOW THESE 3732 02:08:03,876 --> 02:08:07,279 PARTICULAR, WHAT IS THE DATA BY 3733 02:08:07,279 --> 02:08:12,184 WHICH INFORMED THESE PARTICULAR 3734 02:08:12,184 --> 02:08:14,753 ONES VERSUS WHAT I SAID EARLIER 3735 02:08:14,753 --> 02:08:16,689 PUTTING IT ALL INTO GENERAL FUND 3736 02:08:16,689 --> 02:08:19,258 MAKING SURE WE HAVE ENOUGH TO 3737 02:08:19,258 --> 02:08:20,626 COVER ALL OF THE VARIOUS HUMAN 3738 02:08:20,626 --> 02:08:25,698 SERVICES WE SUPPORT INCLUDING 3739 02:08:25,698 --> 02:08:26,465 HOUSING VOUCHERS. A PARTICULAR 3740 02:08:26,465 --> 02:08:28,967 QUESTION TO THE HOUSING PIECES, 3741 02:08:28,967 --> 02:08:30,869 I KNOW WE HAVE HOUSING DOLLARS 3742 02:08:30,869 --> 02:08:33,038 WE ARE NOT UTILIZING CURRENTLY. 3743 02:08:33,038 --> 02:08:34,940 CAMMACK GOT A BACKFILL FOR SOME 3744 02:08:34,940 --> 02:08:36,308 OF THIS EMERGENCY SHELTER OR 3745 02:08:36,308 --> 02:08:37,576 VOUCHER RENTAL ASSISTANCE ET 3746 02:08:37,576 --> 02:08:42,648 CETERA RATHER THAN UTILIZE SOME 3747 02:08:42,648 --> 02:08:44,183 OF THIS MONEY THAT IS NOT GOING 3748 02:08:44,183 --> 02:08:45,851 TO COVER THE FULL DEPTH THAT IT 3749 02:08:45,851 --> 02:08:48,487 AND ANY -- DEFICIT AND ANY 3750 02:08:48,487 --> 02:08:52,391 FEDERAL IMPACTS FOR THESE OTHER 3751 02:08:52,391 --> 02:08:59,665 HUMAN SERVICES INVESTMENTS. 3752 02:08:59,665 --> 02:09:05,237 >> THANK YOU. A LITTLE BIT ON 3753 02:09:05,237 --> 02:09:06,538 THE FEDERAL PIECE. I WILL SAY 3754 02:09:06,538 --> 02:09:08,440 JUST AS YOU KNOW WE ARE DOING 3755 02:09:08,440 --> 02:09:11,176 EVERYTHING TO FIGHT THESE 3756 02:09:11,176 --> 02:09:12,511 FEDERAL CUTS WHETHER IT IS 3757 02:09:12,511 --> 02:09:14,747 LITIGATION OR WORKING WITH A 3758 02:09:14,747 --> 02:09:18,250 CONGRESSIONAL DELEGATION . THEY 3759 02:09:18,250 --> 02:09:20,285 ARE STRONG ADVOCATES SO WE'VE 3760 02:09:20,285 --> 02:09:23,589 BEEN DOING EVERYTHING FROM DAY 3761 02:09:23,589 --> 02:09:25,424 ONE OF THE ADMINISTRATION TO 3762 02:09:25,424 --> 02:09:27,126 ENSURE THAT WE ARE PROTECTING 3763 02:09:27,126 --> 02:09:29,528 THE FUNDING THAT WE HAVE TO TRY 3764 02:09:29,528 --> 02:09:31,797 TO ASSURE GOING FORWARD. THAT 3765 02:09:31,797 --> 02:09:36,135 ADDS TO THE FLUID NATURE . WE 3766 02:09:36,135 --> 02:09:38,303 CAN'T SAY WE ARE GOING TO FACE 3767 02:09:38,303 --> 02:09:40,239 X DOLLARS IN TRANSPORTATION 3768 02:09:40,239 --> 02:09:43,709 VERSUS FEMA PICK IT IS AN EVER 3769 02:09:43,709 --> 02:09:47,646 SHIFTING LANDSCAPE BETWEEN WHAT 3770 02:09:47,646 --> 02:09:49,114 THE COURTS ARE DOING AT THE 3771 02:09:49,114 --> 02:09:50,215 FEDERAL LANDSCAPE IS DOING. IT 3772 02:09:50,215 --> 02:09:51,617 IS SOMETHING WE ARE GETTING A 3773 02:09:51,617 --> 02:09:54,219 SENSE OF. TO YOUR QUESTION, I 3774 02:09:54,219 --> 02:09:55,854 WANT TO BE SURE YOU UNDERSTAND 3775 02:09:55,854 --> 02:09:57,289 IT RIGHT ON HOUSING MONEY THAT 3776 02:09:57,289 --> 02:10:01,994 CAN BE USED, ARE YOU REFERRING 3777 02:10:01,994 --> 02:10:03,362 TO MONEY LIKE FOR EXAMPLE THE 3778 02:10:03,362 --> 02:10:04,763 OFFICE OF HOUSING? 3779 02:10:04,763 --> 02:10:08,333 >> WE HAVE THAT HOUSING LEVY 3780 02:10:08,333 --> 02:10:10,202 THAT WE ARE STARTING TO COLLECT. 3781 02:10:10,202 --> 02:10:16,542 >> IF I AM UNDERSTANDING IT 3782 02:10:16,542 --> 02:10:19,011 CORRECTLY THERE IS MONEY THAT IS 3783 02:10:19,011 --> 02:10:22,080 DEDICATED TO HOUSING . IT ROLLS 3784 02:10:22,080 --> 02:10:23,382 OVER FROM YEAR TO YEAR BECAUSE 3785 02:10:23,382 --> 02:10:25,484 LIKE WITH MANY LONG-TERM OR 3786 02:10:25,484 --> 02:10:29,721 CAPITOL PROJECTS THEY ARE NOT 3787 02:10:29,721 --> 02:10:31,123 PROJECTS THAT START OR FINISH IN 3788 02:10:31,123 --> 02:10:34,026 A CALENDAR YEAR. THAT AMOUNT OF 3789 02:10:34,026 --> 02:10:35,427 MONEY IS THERE. IT'S BEEN 3790 02:10:35,427 --> 02:10:37,129 PROMISED AND DEDICATED TO MOSTLY 3791 02:10:37,129 --> 02:10:41,300 AFFORDABLE HOUSING SO THERE HAS 3792 02:10:41,300 --> 02:10:43,101 TO BE A CHOICE TO TAKE THAT 3793 02:10:43,101 --> 02:10:45,470 MONEY AWAY FROM A DEDICATED 3794 02:10:45,470 --> 02:10:46,405 PURPOSE OF HOUSING AND 3795 02:10:46,405 --> 02:10:49,708 REALLOCATED TO OTHER PURPOSES. 3796 02:10:49,708 --> 02:10:50,909 WE KNOW THAT AFFORDABLE HOUSING 3797 02:10:50,909 --> 02:10:52,678 IS ONE OF THE MOST IMPORTANT 3798 02:10:52,678 --> 02:10:55,781 NEEDS . A LOT OF DISCUSSION 3799 02:10:55,781 --> 02:10:56,815 AROUND AFFORDABILITY IN GENERAL 3800 02:10:56,815 --> 02:10:59,184 FOR THE CITY. MAINTAINING THOSE 3801 02:10:59,184 --> 02:11:01,253 STRONG INVESTMENTS IS A 3802 02:11:01,253 --> 02:11:08,493 PRIORITY. THAT IS NOT A POT OF 3803 02:11:08,493 --> 02:11:09,494 MONEY THE EXECUTIVE WANTS TO 3804 02:11:09,494 --> 02:11:10,629 TOUCH BECAUSE WE WANT TO 3805 02:11:10,629 --> 02:11:11,363 MAINTAIN PROMISES AND 3806 02:11:11,363 --> 02:11:12,497 INVESTMENTS IN AFFORDABLE 3807 02:11:12,497 --> 02:11:16,301 HOUSING. THAT IS MY 3808 02:11:16,301 --> 02:11:17,436 UNDERSTANDING OF WHERE I THINK 3809 02:11:17,436 --> 02:11:18,437 YOUR QUESTION WAS GOING. 3810 02:11:18,437 --> 02:11:22,374 >> I UNDERSTAND THE ENCUMBER AND 3811 02:11:22,374 --> 02:11:23,909 AWARDS WE HAVE MADE ARE 3812 02:11:23,909 --> 02:11:27,512 NATURALLY ENCUMBERED AS 3813 02:11:27,512 --> 02:11:29,047 CONTRACTS. I DO KNOW THAT THINGS 3814 02:11:29,047 --> 02:11:30,382 ARE NOT GETTING BUILT AND THE 3815 02:11:30,382 --> 02:11:32,284 MONEY WILL CONTINUE TO COME IN. 3816 02:11:32,284 --> 02:11:34,119 IF IT IS NOT BEING USED TODAY WE 3817 02:11:34,119 --> 02:11:37,155 KNOW MONEY IS CONTINUING TO COME 3818 02:11:37,155 --> 02:11:39,858 IN. WE CAN MAKE IT DOWN THE LINE 3819 02:11:39,858 --> 02:11:45,530 ON THE AWARD OR INVESTMENT. WE 3820 02:11:45,530 --> 02:11:49,268 HAVE NEEDS TODAY AND WE HAVE 3821 02:11:49,268 --> 02:11:51,603 MONEY SITTING SOMEWHERE TODAY. 3822 02:11:51,603 --> 02:11:53,472 IT SEEMS TO ME FROM AN 3823 02:11:53,472 --> 02:11:54,573 ACCOUNTING PURPOSE, AND I'M NOT 3824 02:11:54,573 --> 02:11:57,643 AN ACCOUNTANT BUT IT SEEMS TO ME 3825 02:11:57,643 --> 02:11:59,945 -- MAYBE THIS MEANS WE MIGHT NOT 3826 02:11:59,945 --> 02:12:07,753 PUT OUT A NEW RFP SO THAT DOWN 3827 02:12:07,753 --> 02:12:09,321 THE LINE WE HAVE THE MONEY TO 3828 02:12:09,321 --> 02:12:11,189 COVER WHAT WE HAVE PROMISED 3829 02:12:11,189 --> 02:12:12,391 TODAY. GIVEN NOTHING IS BEING 3830 02:12:12,391 --> 02:12:14,126 BUILT IT SEEMS LIKE THERE SHOULD 3831 02:12:14,126 --> 02:12:18,130 BE A POLICY DECISION HERE AT 3832 02:12:18,130 --> 02:12:21,800 SOME POINT SOON WHETHER WE USE 3833 02:12:21,800 --> 02:12:23,302 THIS MONEY THAT WE HAVE 3834 02:12:23,302 --> 02:12:25,604 AVAILABLE TO COVER SOME OF THESE 3835 02:12:25,604 --> 02:12:29,107 REALLY IMPORTANT LIKE THIS LIST 3836 02:12:29,107 --> 02:12:30,509 AND MANY OTHER HUMAN SERVICES WE 3837 02:12:30,509 --> 02:12:32,277 NEED TO COVER TODAY, 3838 02:12:32,277 --> 02:12:33,578 PARTICULARLY IN LIGHT OF FEDERAL 3839 02:12:33,578 --> 02:12:35,147 CUTS. I WILL SAY LAST YEAR WHEN 3840 02:12:35,147 --> 02:12:36,548 IT WAS A DIFFERENT 3841 02:12:36,548 --> 02:12:39,117 ADMINISTRATION, WE STILL HAVE 3842 02:12:39,117 --> 02:12:46,258 THE $200 MILLION DEFICIT. WE 3843 02:12:46,258 --> 02:12:47,559 WOULD HAVE THAT NO MATTER WHAT 3844 02:12:47,559 --> 02:12:48,560 WAS HAPPENING AT THE FEDERAL 3845 02:12:48,560 --> 02:12:50,095 LEVEL SO THAT IS IMPORTANT ALSO. 3846 02:12:50,095 --> 02:12:51,930 OF COURSE, IT'S MADE ALL MORE 3847 02:12:51,930 --> 02:12:54,266 HORRIBLE BECAUSE OF THE FEDERAL 3848 02:12:54,266 --> 02:12:55,467 GOVERNMENT. NOT TAKEN AWAY FROM 3849 02:12:55,467 --> 02:12:57,269 THAT. I WILL SAY AS TO THE 3850 02:12:57,269 --> 02:12:58,804 LAWSUITS I'M REALLY PROUD OF 3851 02:12:58,804 --> 02:13:00,872 THE AG FOR JOINING THE LAWSUIT 3852 02:13:00,872 --> 02:13:04,576 TO TRY TO GET THE $7 BILLION 3853 02:13:04,576 --> 02:13:07,279 THAT THE STATE WILL BE LOSING IN 3854 02:13:07,279 --> 02:13:11,249 EDUCATION CUTS. THERE ARE 3855 02:13:11,249 --> 02:13:13,218 ASPECTS OF THIS WHERE WE DO HAVE 3856 02:13:13,218 --> 02:13:15,253 INFORMATION MORE THAN MAYBE WE 3857 02:13:15,253 --> 02:13:17,422 THINK WE DO ON WHAT WE WILL BE 3858 02:13:17,422 --> 02:13:20,692 LOSING . TYING IT BACK TO YOUR 3859 02:13:20,692 --> 02:13:22,227 EARLIER COMMENT. ON THE HOUSING 3860 02:13:22,227 --> 02:13:26,031 STUFF, WHY ARE WE NOT MAKING 3861 02:13:26,031 --> 02:13:27,833 POLICY DECISIONS TO UTILIZE MANY 3862 02:13:27,833 --> 02:13:30,268 WE HAVE TO BACKFILL TODAY SINCE 3863 02:13:30,268 --> 02:13:33,071 THIS IS ONE OF THESE THINGS 3864 02:13:33,071 --> 02:13:35,240 LISTED AS A POSSIBLE USE OF THIS 3865 02:13:35,240 --> 02:13:44,416 NEW TAX RATHER THAN -- 3866 02:13:44,416 --> 02:13:45,917 >> YOU HAVE ALREADY GOTTEN INTO 3867 02:13:45,917 --> 02:13:47,252 THE NEXT PRESENTATION. 3868 02:13:47,252 --> 02:13:49,821 >> I WILL ASK THE PRESENTERS TO 3869 02:13:49,821 --> 02:13:51,056 HOLD QUESTIONS. IT'S MY 3870 02:13:51,056 --> 02:13:52,858 UNDERSTANDING THE FIRST HARD 3871 02:13:52,858 --> 02:13:56,194 STOP THAT WE HAVE IS 1:00 OR 3872 02:13:56,194 --> 02:13:59,965 1:15. WE HAVE A LOT MORE TO GET 3873 02:13:59,965 --> 02:14:02,834 THROUGH . WE WILL COME BACK TO 3874 02:14:02,834 --> 02:14:04,436 THAT QUESTION IN THE NEXT 3875 02:14:04,436 --> 02:14:08,840 PRESENTATION. THIS IS WHY HAVING 3876 02:14:08,840 --> 02:14:10,642 A TAX PROPOSAL WITH THE 3877 02:14:10,642 --> 02:14:11,777 CARRYFORWARD AND THE 3878 02:14:11,777 --> 02:14:13,045 SUPPLEMENTAL IN ONE MEETING IS A 3879 02:14:13,045 --> 02:14:15,714 HEAVY LIFT AND IS IMPORTANT 3880 02:14:15,714 --> 02:14:17,115 BUDGET PRACTICES BECAUSE IT IS 3881 02:14:17,115 --> 02:14:19,985 ALL INTERWOVEN AS COUNCILMEMBER 3882 02:14:19,985 --> 02:14:22,687 RIVERA JUST MENTIONED. WE HAVE 3883 02:14:22,687 --> 02:14:25,090 ONE MORE SECTION HERE WHICH ARE 3884 02:14:25,090 --> 02:14:27,626 CONSIDERATIONS FOR THIS TAX . 3885 02:14:27,626 --> 02:14:29,661 THEN WE WILL MOVE TO THE NEXT 3886 02:14:29,661 --> 02:14:31,563 PRESENTATION AS THREE SECTIONS 3887 02:14:31,563 --> 02:14:34,466 CARRYFORWARD, GRANT 3888 02:14:34,466 --> 02:14:35,233 APPROPRIATIONS AND THE 3889 02:14:35,233 --> 02:14:36,401 SUPPLEMENTAL BUDGET. IS IT 3890 02:14:36,401 --> 02:14:38,470 CORRECT THAT EVERYBODY IS GOOD 3891 02:14:38,470 --> 02:14:42,707 UNTIL 1:00 P.M.? WONDERFUL. 3892 02:14:42,707 --> 02:14:45,610 JENNIFER, I WILL PASS IT BACK TO 3893 02:14:45,610 --> 02:14:48,346 YOU ARE TOM OR WHOMEVER FOR THE 3894 02:14:48,346 --> 02:14:53,752 CONSIDERATION. WE CAN ASK 3895 02:14:53,752 --> 02:14:55,687 QUESTIONS AT THE END OF THE 3896 02:14:55,687 --> 02:14:58,390 SECOND SLIDE ABOUT THE 3897 02:14:58,390 --> 02:14:59,391 CONSIDERATIONS AND THEN MOVE 3898 02:14:59,391 --> 02:15:01,593 ONTO THE NEXT AGENDA ITEM. I 3899 02:15:01,593 --> 02:15:02,961 WILL RESERVE ABOUT AN HOUR FOR 3900 02:15:02,961 --> 02:15:04,463 THE NEXT THREE TOPICS AND 3901 02:15:04,463 --> 02:15:09,301 MINIMUM OF 15 MINUTES FOR THE 3902 02:15:09,301 --> 02:15:10,836 FINAL TWO SO WE CAN AT LEAST 3903 02:15:10,836 --> 02:15:12,037 COVER THEM TODAY. WITH THAT, 3904 02:15:12,037 --> 02:15:16,641 OVER TO YOU. 3905 02:15:16,641 --> 02:15:18,076 >> THESE NEXT LINES WILL JUST 3906 02:15:18,076 --> 02:15:20,378 COVER A FEW CONSIDERATIONS. TO 3907 02:15:20,378 --> 02:15:22,247 KEEP IN MIND WHEN THINKING ABOUT 3908 02:15:22,247 --> 02:15:32,424 THIS TAX 3909 02:15:37,496 --> 02:15:47,973 >> FIRST AS WE DISCUSSED THAT IS 3910 02:15:53,445 --> 02:15:55,046 THE NUMBER OF TAXPAYERS ADDING 3911 02:15:55,046 --> 02:16:04,856 VOLATILITY THE IMPACTS OF ONE OF 3912 02:16:04,856 --> 02:16:06,525 THE MEMBERS OF THAT REMAINING 3913 02:16:06,525 --> 02:16:08,627 POOL HAVE A LARGER OUTSIZED 3914 02:16:08,627 --> 02:16:11,062 IMPACT ON THE TOTAL RESULT. WHEN 3915 02:16:11,062 --> 02:16:13,832 YOU THINK ABOUT THAT YOU THINK 3916 02:16:13,832 --> 02:16:19,171 ALSO ABOUT THE NUMBER OF 3917 02:16:19,171 --> 02:16:20,505 SUCCESSIVE CITY TAX CHANGES THAT 3918 02:16:20,505 --> 02:16:22,040 HAVE OCCURRED STARTING WITH THE 3919 02:16:22,040 --> 02:16:27,345 PAYROLL TAX OF 2020. AN INCREASE 3920 02:16:27,345 --> 02:16:28,914 TO THOSE RATES IN 2023 FOR 3921 02:16:28,914 --> 02:16:30,215 STUDENT MENTAL HEALTH SERVICES. 3922 02:16:30,215 --> 02:16:32,117 THEN A SOCIAL HOUSING TAX 3923 02:16:32,117 --> 02:16:36,087 PROPOSAL THAT WAS APPROVED IN 3924 02:16:36,087 --> 02:16:37,989 2024. ALL OF THOSE ARE BUSINESS 3925 02:16:37,989 --> 02:16:40,258 TAXES IMPACTING BUSINESSES WHO 3926 02:16:40,258 --> 02:16:44,963 WOULD ALSO BE PAYING THE CURRENT 3927 02:16:44,963 --> 02:16:51,102 AND HIGHER TAX. I WOULD AFFECT 3928 02:16:51,102 --> 02:16:52,437 ABOUT A THIRD OF THE TAX 3929 02:16:52,437 --> 02:16:54,005 INCREASE IN THIS PROPOSAL WOULD 3930 02:16:54,005 --> 02:16:56,942 BE IMPOSED PAYING ABOUT 87%. 3931 02:16:56,942 --> 02:17:00,011 NEARLY 90% OF THE TOTAL PAYROLL 3932 02:17:00,011 --> 02:17:01,646 EXPENSE TAX REVENUES THAT WERE 3933 02:17:01,646 --> 02:17:04,649 COLLECTED IN 2024. THERE IS ALSO 3934 02:17:04,649 --> 02:17:07,085 A REVENUE FORECAST RISK . THERE 3935 02:17:07,085 --> 02:17:11,489 IS ALWAYS A RISK AS THE COUNCIL 3936 02:17:11,489 --> 02:17:12,924 PRESIDENT REVEALED IN HER 3937 02:17:12,924 --> 02:17:15,760 QUESTIONING. WHEN WE REVIEW EACH 3938 02:17:15,760 --> 02:17:17,295 FORECAST SOMETIMES THE NUMBERS 3939 02:17:17,295 --> 02:17:19,531 ARE HIGHER THAN WHAT THEY EXPECT 3940 02:17:19,531 --> 02:17:21,299 AND SOMETIMES THEY ARE LOWER OR 3941 02:17:21,299 --> 02:17:24,002 IN THE RED. IT IS ALWAYS A VERY 3942 02:17:24,002 --> 02:17:26,304 PROFESSIONAL GUESS OF WHAT 3943 02:17:26,304 --> 02:17:28,206 COLLECTIONS WOULD BE IN TOTAL 3944 02:17:28,206 --> 02:17:31,142 AND THAT SAME LEVEL OF POTENTIAL 3945 02:17:31,142 --> 02:17:35,880 IMPRECISION FOR THIS ESTIMATE AS 3946 02:17:35,880 --> 02:17:38,483 WELL. IN THE APRIL FORECAST, THE 3947 02:17:38,483 --> 02:17:41,486 FORECAST OFFICE NOTED A 40 TO 3948 02:17:41,486 --> 02:17:45,790 50% CHANCE OF RECESSION IN THE 3949 02:17:45,790 --> 02:17:47,726 NEXT 12 MONTHS. WE WILL GET AN 3950 02:17:47,726 --> 02:17:49,461 UPDATED FORECAST AUGUST OF THIS 3951 02:17:49,461 --> 02:17:53,732 YEAR. THAT ACTUAL CHANCE OF A 3952 02:17:53,732 --> 02:17:55,600 RECESSION MAY BE LOWER BASED ON 3953 02:17:55,600 --> 02:17:56,668 INFORMATION THAT WE'VE SEEN SO 3954 02:17:56,668 --> 02:17:58,503 IT IS GOOD NEWS TO BE COGNIZANT 3955 02:17:58,503 --> 02:18:03,141 IN THE FORECAST. WITH THE 3956 02:18:03,141 --> 02:18:05,443 RECESSION THE TOTAL REVENUE 3957 02:18:05,443 --> 02:18:06,945 COULD COME IN LOWER THAN 3958 02:18:06,945 --> 02:18:10,448 EXPECTED. THE REVENUES COULD 3959 02:18:10,448 --> 02:18:11,850 COME LOWER THAN EXPECTED AS 3960 02:18:11,850 --> 02:18:16,221 WELL. THERE'S ALSO THE 3961 02:18:16,221 --> 02:18:17,022 ESTIMATED IMPACTS OF STATE LAW 3962 02:18:17,022 --> 02:18:19,157 CHANGES I TOUCHED ON BRIEFLY AND 3963 02:18:19,157 --> 02:18:21,159 HOW THE CHANGES OF THE STATE ARE 3964 02:18:21,159 --> 02:18:22,327 CHANGING THE TAX BASE THAT WE 3965 02:18:22,327 --> 02:18:24,262 USE HERE AT THE CITY. THE 3966 02:18:24,262 --> 02:18:26,931 FORECAST OFFICE IS LOOKING AT 3967 02:18:26,931 --> 02:18:28,066 INFORMATION THAT THEY HAVE TO 3968 02:18:28,066 --> 02:18:29,734 SEE HOW THOSE CHANGES IMPACT THE 3969 02:18:29,734 --> 02:18:33,038 BASE . THAT IS EMBEDDED IN THEIR 3970 02:18:33,038 --> 02:18:35,073 ESTIMATE. TO THE EXTENT THAT THE 3971 02:18:35,073 --> 02:18:38,376 INFORMATION THEY ARE USING IS 3972 02:18:38,376 --> 02:18:39,444 IMPRECISE THAT COULD IMPACT 3973 02:18:39,444 --> 02:18:44,549 REVENUE AS WELL. GOING TO THE 3974 02:18:44,549 --> 02:18:49,721 NEXT SLIDE, THESE ARE MORE TIED 3975 02:18:49,721 --> 02:18:51,156 TO THE CITY RISKS, NOT 3976 02:18:51,156 --> 02:18:51,923 NECESSARILY THE REVENUE 3977 02:18:51,923 --> 02:18:55,427 ESTIMATE. WHEN WE IMPLEMENT A 3978 02:18:55,427 --> 02:18:56,428 BUSINESS AND OCCUPATION TAX 3979 02:18:56,428 --> 02:18:57,529 USING A LEGACY SYSTEM THAT'S 3980 02:18:57,529 --> 02:18:59,331 BEEN IN PLACE FOR A NUMBER OF 3981 02:18:59,331 --> 02:19:01,599 YEARS. THERE WAS A CAPITOL 3982 02:19:01,599 --> 02:19:02,801 IMPROVEMENTS PROJECT TO REPLACE 3983 02:19:02,801 --> 02:19:04,736 IT IN THE FUTURE THOUGH IT IS 3984 02:19:04,736 --> 02:19:06,538 CURRENTLY WE ARE WORKING WITH 3985 02:19:06,538 --> 02:19:10,842 THE LEGACY SYSTEM. TO MEET THE 3986 02:19:10,842 --> 02:19:11,543 JANUARY 1 IMPLEMENTATION 3987 02:19:11,543 --> 02:19:12,811 TIMEFRAME STAFF WOULD NEED TO 3988 02:19:12,811 --> 02:19:16,247 BEGIN WORK NOW AND INCUR THESE 3989 02:19:16,247 --> 02:19:17,882 COST TO GET THE SYSTEM IN PLACE 3990 02:19:17,882 --> 02:19:18,983 PRIOR TO KNOWING WHETHER VOTERS 3991 02:19:18,983 --> 02:19:21,386 APPROVE THE TAX. THERE ARE RISKS 3992 02:19:21,386 --> 02:19:23,688 EMBEDDED IN ALL WITH REGARDS TO 3993 02:19:23,688 --> 02:19:26,091 IMPLEMENTING THESE CHANGES. 3994 02:19:26,091 --> 02:19:29,260 THINGS LIKE KEY PERSONNEL AND 3995 02:19:29,260 --> 02:19:33,965 FACILITATION . THE EXECUTIVE 3996 02:19:33,965 --> 02:19:37,402 INTENDS TO MITIGATE THESE RISKS 3997 02:19:37,402 --> 02:19:41,106 TO THE EXTENT POSSIBLE. IF THERE 3998 02:19:41,106 --> 02:19:42,974 IS A CHANGE TO THE SCOPE AND THE 3999 02:19:42,974 --> 02:19:47,445 PROPOSAL VERSUS WHAT WAS TODAY 4000 02:19:47,445 --> 02:19:48,480 THAN THAT WOULD REQUIRE 4001 02:19:48,480 --> 02:19:49,314 REASSESSMENT OF THE RISKS. 4002 02:19:49,314 --> 02:19:50,615 FINALLY, THE EXECUTIVE WILL 4003 02:19:50,615 --> 02:19:54,018 SUBMIT A 2026 BUDGET ASSUMING 4004 02:19:54,018 --> 02:19:57,188 THE $90 MILLION OF REVENUE IS 4005 02:19:57,188 --> 02:19:58,957 SENT TO THE VOTERS. HOWEVER, IF 4006 02:19:58,957 --> 02:20:02,527 THE MEASURE FAILS THEN COUNCIL 4007 02:20:02,527 --> 02:20:04,262 WILL NEED TO QUICKLY REBALANCE 4008 02:20:04,262 --> 02:20:06,831 THE RESOURCES AND EXPENDITURES 4009 02:20:06,831 --> 02:20:12,203 AS NEEDED TO MEET THAT 4010 02:20:12,203 --> 02:20:12,871 UNANTICIPATED SHORTFALL. THERE 4011 02:20:12,871 --> 02:20:16,107 WILL ALSO BE A THIRD AND FINAL 4012 02:20:16,107 --> 02:20:17,909 REVENUE FORECAST PRESENTED IN 4013 02:20:17,909 --> 02:20:24,349 OCTOBER IF THOSE NUMBERS COME IN 4014 02:20:24,349 --> 02:20:26,151 IN THE RED THAT WOULD BE AN 4015 02:20:26,151 --> 02:20:26,785 ADDITIONAL CHALLENGE ON TOP OF 4016 02:20:26,785 --> 02:20:28,119 THIS THAT COULD INTENSIFY THE 4017 02:20:28,119 --> 02:20:30,688 PRESSURE TO REBALANCE. THOSE ARE 4018 02:20:30,688 --> 02:20:33,057 THE FINAL CONSIDERATIONS. 4019 02:20:33,057 --> 02:20:36,995 >> COLLEAGUES, ANY QUESTIONS ON 4020 02:20:36,995 --> 02:20:39,063 THESE LAST TWO SLIDES OF 4021 02:20:39,063 --> 02:20:45,036 CONSIDERATION? GOING ONCE , 4022 02:20:45,036 --> 02:20:49,140 GOING TWICE, DEPUTY MAYOR, MY 4023 02:20:49,140 --> 02:20:52,777 APOLOGIES. WE DO NOT HAVE TIME 4024 02:20:52,777 --> 02:20:54,345 FOR YOUR PRESENTATION. WE WILL 4025 02:20:54,345 --> 02:20:57,615 JUST HIGHLIGHT IT IS ATTACHED TO 4026 02:20:57,615 --> 02:20:59,584 THE AGENDA AND THE THREE LARGE 4027 02:20:59,584 --> 02:21:05,356 CONSIDERATIONS . COLLEAGUES, I 4028 02:21:05,356 --> 02:21:07,358 WILL GIVE THE DEPUTY MAYOR AND 4029 02:21:07,358 --> 02:21:13,198 COUNCIL MEMBER RINCK LAST WORD 4030 02:21:13,198 --> 02:21:14,499 AFTER THE COUNCIL PRESIDENT AND 4031 02:21:14,499 --> 02:21:18,069 THEN WE NEED TO MOVE ALONG . 4032 02:21:18,069 --> 02:21:19,737 >> NEVERMIND. I WAS GOING TO ASK 4033 02:21:19,737 --> 02:21:21,406 FOR MORE INFORMATION BUT I WILL 4034 02:21:21,406 --> 02:21:24,676 JUST REACH OUT ONE ON ONE. THANK 4035 02:21:24,676 --> 02:21:24,876 YOU. 4036 02:21:24,876 --> 02:21:28,513 >> I'M GOING TO GO WITH DEPUTY 4037 02:21:28,513 --> 02:21:33,251 MAYOR AND THEN COUNCIL MEMBERS 4038 02:21:33,251 --> 02:21:33,518 RINCK. 4039 02:21:33,518 --> 02:21:35,553 >> THANK YOU FOR YOUR THOUGHTFUL 4040 02:21:35,553 --> 02:21:38,690 CONSIDERATION AND QUESTIONS. I 4041 02:21:38,690 --> 02:21:40,058 REALLY APPRECIATE IT. AS WE HAVE 4042 02:21:40,058 --> 02:21:41,826 SAID MANY TIMES THESE ARE 4043 02:21:41,826 --> 02:21:44,796 DIFFICULT ISSUES. WE DON'T LOOK 4044 02:21:44,796 --> 02:21:46,464 AT THEM IN ISOLATION OR TAKE 4045 02:21:46,464 --> 02:21:48,066 THEM LIGHTLY. I APPRECIATE THIS 4046 02:21:48,066 --> 02:21:49,200 REALLY SIGNIFICANT CONSIDERATION 4047 02:21:49,200 --> 02:21:54,806 OF THIS POLICY. I THINK THAT WE 4048 02:21:54,806 --> 02:21:56,207 HAVE TOUCHED ON MOST OF THE 4049 02:21:56,207 --> 02:21:57,675 THINGS I WAS GOING TO COVER IN 4050 02:21:57,675 --> 02:21:59,244 MY PRESENTATION ANYWAYS. I JUST 4051 02:21:59,244 --> 02:22:01,279 WANT TWO POINTS HERE. ONE OF 4052 02:22:01,279 --> 02:22:03,781 WHICH IS TO THE COMMENTS ABOUT 4053 02:22:03,781 --> 02:22:07,986 THIS IS REALLY JUST ONE PIECE OF 4054 02:22:07,986 --> 02:22:09,521 A BIGGER BUDGET PUZZLE. THE 4055 02:22:09,521 --> 02:22:11,823 EXECUTIVE AND THE COUNCIL HAS 4056 02:22:11,823 --> 02:22:14,359 REPEATEDLY THROUGH THE PAST FEW 4057 02:22:14,359 --> 02:22:15,793 CYCLES FACED WITH DECLINING 4058 02:22:15,793 --> 02:22:17,729 REVENUE FORECASTS TAKEN HARD 4059 02:22:17,729 --> 02:22:20,398 DECISIONS. WE HAVE DONE 4060 02:22:20,398 --> 02:22:23,134 REDUCTIONS. WE'VE HAD TO DO 4061 02:22:23,134 --> 02:22:24,269 LAYOFFS. WE'VE TAKEN 4062 02:22:24,269 --> 02:22:28,206 EFFICIENCIES. EVEN IN LIGHT OF 4063 02:22:28,206 --> 02:22:29,340 THIS REVENUE PROPOSAL WE WILL 4064 02:22:29,340 --> 02:22:30,775 CONTINUE TO BE LOOKING AT THOSE 4065 02:22:30,775 --> 02:22:33,144 SAME LOVERS RIGHT NOW. WE ARE 4066 02:22:33,144 --> 02:22:37,415 ALREADY ASKING THE DEPARTMENT TO 4067 02:22:37,415 --> 02:22:38,583 UNDERSTAND FOR THE CURRENT YEAR. 4068 02:22:38,583 --> 02:22:41,953 WE DID HARD WORK TO GET A 4069 02:22:41,953 --> 02:22:43,955 BALANCED BUDGET PASSED LAST YEAR 4070 02:22:43,955 --> 02:22:45,590 THAT SHOULD HAVE TAKEN US 4071 02:22:45,590 --> 02:22:49,360 THROUGH THIS YEAR AND NEXT. 4072 02:22:49,360 --> 02:22:50,094 UNFORTUNATELY THE REVENUE 4073 02:22:50,094 --> 02:22:51,496 FORECAST IN APRIL UPSET THAT 4074 02:22:51,496 --> 02:22:53,464 BALANCE WE HAD STRUCK AND THAT 4075 02:22:53,464 --> 02:22:57,302 IS WHY WE ARE HERE TODAY BUT WE 4076 02:22:57,302 --> 02:22:58,469 ARE COMMITTED TO SOLVING THIS 4077 02:22:58,469 --> 02:22:59,637 TOGETHER. ANOTHER POINT I WANT 4078 02:22:59,637 --> 02:23:01,873 TO MAKE CLEAR IS THAT THE MAYOR 4079 02:23:01,873 --> 02:23:03,174 HAS BEEN COMMITTED TO BUSINESSES 4080 02:23:03,174 --> 02:23:05,977 AND MAKING SURE WE HAVE A 4081 02:23:05,977 --> 02:23:08,346 VIBRANT BUSINESS COMMUNITY 4082 02:23:08,346 --> 02:23:10,281 THROUGHOUT THE PAST 3 1/2 YEARS 4083 02:23:10,281 --> 02:23:12,350 IN OFFICE WHETHER IT IS THE 4084 02:23:12,350 --> 02:23:14,218 DOWNTOWN ACTIVATION PLAN, TEAM, 4085 02:23:14,218 --> 02:23:18,423 UNIFIED CARE TEAM, ADDRESSING 4086 02:23:18,423 --> 02:23:20,058 THE ISSUES WE HEAR THE MOST FROM 4087 02:23:20,058 --> 02:23:22,627 BUSINESSES WHICH OFTEN COME TO 4088 02:23:22,627 --> 02:23:24,162 ISSUES AROUND PUBLIC SAFETY, 4089 02:23:24,162 --> 02:23:25,997 HOMELESSNESS, THOSE ARE THINGS 4090 02:23:25,997 --> 02:23:27,532 WE ARE COMMITTED TO DOING. WHILE 4091 02:23:27,532 --> 02:23:29,601 WE UNDERSTAND THAT THIS MEASURE 4092 02:23:29,601 --> 02:23:34,639 WILL HAVE IMPACTS ON BUSINESSES, 4093 02:23:34,639 --> 02:23:36,574 AND AGAIN THE VAST MAJORITY WILL 4094 02:23:36,574 --> 02:23:38,009 BE BETTER OFF FINANCIALLY UNDER 4095 02:23:38,009 --> 02:23:40,211 IT, BUT SOME WILL BE WORSE OFF. 4096 02:23:40,211 --> 02:23:42,613 WE KNOW THAT WE NEED TO BE 4097 02:23:42,613 --> 02:23:43,848 CONTINUALLY DOUBLING DOWN MAKING 4098 02:23:43,848 --> 02:23:47,385 SURE COMMUNITIES AND 4099 02:23:47,385 --> 02:23:48,252 NEIGHBORHOODS ARE SAFE PLACES 4100 02:23:48,252 --> 02:23:49,887 THAT PEOPLE WANT TO GO. WANT TO 4101 02:23:49,887 --> 02:23:52,023 BE ABLE TO HANG OUT LATE AT 4102 02:23:52,023 --> 02:23:53,691 NIGHT, USE THE SIDEWALK CAFÉS 4103 02:23:53,691 --> 02:23:55,259 AND RESTAURANTS, LOCAL COFFEE 4104 02:23:55,259 --> 02:23:59,297 SHOP. WE ARE COMMITTED TO ALL 4105 02:23:59,297 --> 02:24:00,398 THOSE INVESTMENTS. AT THE SAME 4106 02:24:00,398 --> 02:24:04,168 TIME WE ARE ENCOURAGED BY THE 4107 02:24:04,168 --> 02:24:05,136 HIGHER NUMBER OF APPLICATIONS TO 4108 02:24:05,136 --> 02:24:06,070 SEATTLE POLICE DEPARTMENT. WE 4109 02:24:06,070 --> 02:24:08,406 HAVE SPOKEN ABOUT SOME GOOD 4110 02:24:08,406 --> 02:24:10,742 TRENDS IN THAT REGARD AND WE 4111 02:24:10,742 --> 02:24:12,176 WILL CONTINUE TO DO SO BECAUSE 4112 02:24:12,176 --> 02:24:14,045 WE ARE COMMITTED TO HAVING A 4113 02:24:14,045 --> 02:24:17,548 VIBRANT BUSINESS COMMUNITY AND 4114 02:24:17,548 --> 02:24:19,050 WE WILL CONTINUE THAT WORK WITH 4115 02:24:19,050 --> 02:24:22,053 YOU. THANK YOU FOR YOUR 4116 02:24:22,053 --> 02:24:22,987 CONSIDERATION. PLEASE TO REACH 4117 02:24:22,987 --> 02:24:24,789 OUT WITH QUESTIONS THAT YOU MAY 4118 02:24:24,789 --> 02:24:27,725 HAVE . WE ARE HAPPY TO WORK WITH 4119 02:24:27,725 --> 02:24:28,593 YOU AND ANSWER THOSE. 4120 02:24:28,593 --> 02:24:33,097 >> THANK YOU. 4121 02:24:33,097 --> 02:24:34,732 >> THANK YOU. I PROMISE TO BE 4122 02:24:34,732 --> 02:24:36,067 BRIEF WITH CONSIDERATION OF 4123 02:24:36,067 --> 02:24:38,302 TIME. THANK YOU ALL FOR YOUR 4124 02:24:38,302 --> 02:24:39,604 TIME AND ENGAGING ON THIS 4125 02:24:39,604 --> 02:24:40,838 PROPOSAL. I WANT TO TAKE A 4126 02:24:40,838 --> 02:24:42,440 MOMENT TO RESPOND TO SOME OF THE 4127 02:24:42,440 --> 02:24:44,242 POINTS RAISED FROM OUR PARTNERS 4128 02:24:44,242 --> 02:24:46,611 IN BUSINESS, PARTICULARLY LARGER 4129 02:24:46,611 --> 02:24:51,449 BUSINESSES . WHEN FOLKS ARE 4130 02:24:51,449 --> 02:24:52,316 NAMING ABOUT THEIR CONCERNS 4131 02:24:52,316 --> 02:24:54,452 ABOUT THE CITY BECOMING LESS 4132 02:24:54,452 --> 02:24:55,920 BUSINESS FRIENDLY I WANT TO TAKE 4133 02:24:55,920 --> 02:24:58,956 A MOMENT TO REMIND EVERYONE THAT 4134 02:24:58,956 --> 02:25:00,425 THE ONLY OTHER STATE IN THE 4135 02:25:00,425 --> 02:25:02,026 UNITED STATES THAT HAS A MORE 4136 02:25:02,026 --> 02:25:05,663 BUSINESS FRIENDLY TAXCO THAN 4137 02:25:05,663 --> 02:25:13,271 OURS IS FLORIDA. WITH SOME OF 4138 02:25:13,271 --> 02:25:14,305 THE MEDIUM-SIZE BUSINESSES WE'VE 4139 02:25:14,305 --> 02:25:15,673 HEARD ENGAGEMENT FROM I THINK IT 4140 02:25:15,673 --> 02:25:16,908 IS IMPORTANT TO STATE THAT FROM 4141 02:25:16,908 --> 02:25:18,543 A FACTUAL BASIS. AS WE HAVE 4142 02:25:18,543 --> 02:25:20,244 DISCUSSED ON THE OUTLINE SPEND 4143 02:25:20,244 --> 02:25:23,181 AREAS NOT ONLY IS IT MORALLY 4144 02:25:23,181 --> 02:25:27,518 IMPERATIVE TO DO OUR BEST TO 4145 02:25:27,518 --> 02:25:28,719 KEEP FOLKS HOUSED, HEALTHY, AND 4146 02:25:28,719 --> 02:25:30,555 SAFE I WANT TO BE MINDFUL THAT 4147 02:25:30,555 --> 02:25:34,092 WHAT FOR US AS A COMMUNITY THAT 4148 02:25:34,092 --> 02:25:40,598 IS FRIENDLY FOR BUSINESS, HOW DO 4149 02:25:40,598 --> 02:25:42,166 FOLKS THINK IT WILL DO FOR OUR 4150 02:25:42,166 --> 02:25:43,334 COMPETITIVE ADVANTAGE AS A CITY 4151 02:25:43,334 --> 02:25:44,969 IF WE HAVE THOUSANDS MORE OF OUR 4152 02:25:44,969 --> 02:25:48,172 NEIGHBORS LIVING UNSHELTERED. 4153 02:25:48,172 --> 02:25:49,807 THAT IS A REALITY WE ARE TRYING 4154 02:25:49,807 --> 02:25:53,611 TO GRAPPLE WITH. WE HAVE WORKED 4155 02:25:53,611 --> 02:25:54,946 HARD TO PUT TOGETHER A BALANCED 4156 02:25:54,946 --> 02:25:56,914 PROPOSAL THAT I THINK MEETS THIS 4157 02:25:56,914 --> 02:25:58,282 MOMENT. THIS IS OUR CHANCE TO 4158 02:25:58,282 --> 02:26:00,818 PROVE THAT LOCAL GOVERNMENT CAN 4159 02:26:00,818 --> 02:26:02,086 STEP UP WHEN FEDERAL LEADERSHIP 4160 02:26:02,086 --> 02:26:03,688 STEPS BACK. IT'S OUR 4161 02:26:03,688 --> 02:26:06,958 OPPORTUNITY TO SHOW THAT SEATTLE 4162 02:26:06,958 --> 02:26:08,025 CHOOSES COLLABORATION OVER 4163 02:26:08,025 --> 02:26:11,496 DIVISION FOR A FUTURE WE ALL 4164 02:26:11,496 --> 02:26:12,396 DESERVE. THE COALITION OF 4165 02:26:12,396 --> 02:26:15,633 SUPPORT FROM SMALL BUSINESSES, 4166 02:26:15,633 --> 02:26:16,567 HUMAN SERVICES PROVIDERS REALLY 4167 02:26:16,567 --> 02:26:19,036 SPEAKS TO THAT . I BELIEVE THAT 4168 02:26:19,036 --> 02:26:21,239 WHEN WE GIVE VOTERS THE CHOICE 4169 02:26:21,239 --> 02:26:24,375 THEY DESERVE THEY WILL CHOOSE TO 4170 02:26:24,375 --> 02:26:25,710 SHIELD OUR CITY AND PROTECT WHAT 4171 02:26:25,710 --> 02:26:27,378 MATTERS MOST. I WILL CLOSE MY 4172 02:26:27,378 --> 02:26:29,447 COMMENTS WITH A SPECIAL THANK 4173 02:26:29,447 --> 02:26:33,518 YOU TO STAFF FROM DIRECTOR NOBLE 4174 02:26:33,518 --> 02:26:37,622 AND TOM AND JEN, THANK YOU FOR 4175 02:26:37,622 --> 02:26:39,323 YOUR HARD WORK ON THIS. IT WAS A 4176 02:26:39,323 --> 02:26:41,692 JOURNEY TO GET HERE AND I WANT 4177 02:26:41,692 --> 02:26:43,427 TO THANK YOU FOR YOUR HARD WORK 4178 02:26:43,427 --> 02:26:46,130 IN CRAFTING THIS PROPOSAL AND 4179 02:26:46,130 --> 02:26:47,732 WALKING US THROUGH THE DETAILS 4180 02:26:47,732 --> 02:26:48,566 TODAY. 4181 02:26:48,566 --> 02:26:52,336 >> THANK YOU, COUNCILMEMBER 4182 02:26:52,336 --> 02:26:55,273 RINCK. CLERK, CAN YOU READ THE 4183 02:26:55,273 --> 02:26:57,742 SHORT TITLE OF ITEMS TWO AND 4184 02:26:57,742 --> 02:26:59,343 THREE. 4185 02:27:00,611 --> 02:27:11,088 >> [ CAPTIONERS TRANSITIONING ] 4186 02:27:42,019 --> 02:27:47,024 CONFIRM WITH 4187 02:27:47,024 --> 02:27:47,625 ME 4188 02:27:47,625 --> 02:27:48,226 COUNCIL PRESIDENT IS FOR THE 4189 02:27:48,226 --> 02:27:49,026 DAY. 4190 02:27:49,026 --> 02:27:51,028 WITH THAT, WE'LL TRANSITION 4191 02:27:51,028 --> 02:27:52,697 INTO THIS NEXT AGENDA ITEM. 4192 02:27:52,697 --> 02:27:53,064 SORRY. 4193 02:27:53,064 --> 02:27:55,132 I TRIED TO ASK HER AS WE WERE 4194 02:27:55,132 --> 02:27:57,001 EXIT, BUT THE CLERK 4195 02:27:57,001 --> 02:27:57,668 WAS SPEAKING. 4196 02:27:57,668 --> 02:27:59,103 WE WILL MOVE ON TO THE NEXT 4197 02:27:59,103 --> 02:28:00,805 TWO AGENDA ITEMS, AND THERE IS 4198 02:28:00,805 --> 02:28:02,807 A THIRD ITEM THAT IS CONTAINED 4199 02:28:02,807 --> 02:28:08,112 WITHIN HERE REGARDING THE 4200 02:28:08,112 --> 02:28:09,547 CARRY FORWARD BILL THAT HAS BEEN 4201 02:28:09,547 --> 02:28:13,517 TRANSMITTED, BUT NOT YET 4202 02:28:13,517 --> 02:28:16,554 INTRODUCED, AND SO WE WILL 4203 02:28:16,554 --> 02:28:18,089 TAKE THE ITEMS TOGETHER IN THIS 4204 02:28:18,089 --> 02:28:18,723 PRESENTATION. 4205 02:28:18,723 --> 02:28:20,324 YOU WILL SEE IT IS DIVIDED 4206 02:28:20,324 --> 02:28:22,159 INTO THREE SECTIONS CARRY 4207 02:28:22,159 --> 02:28:22,426 FORWARD. 4208 02:28:22,426 --> 02:28:24,662 AMID YOUR SUPPLEMENTAL 4209 02:28:24,662 --> 02:28:25,930 BUDGET ORDINANCE. 4210 02:28:25,930 --> 02:28:28,499 WITHIN HERE, WE ASK THAT WE 4211 02:28:28,499 --> 02:28:29,900 WILL WITHHOLD QUESTIONS AND WE 4212 02:28:29,900 --> 02:28:31,602 HAVE 45 MINUTES TO GO THROUGH 4213 02:28:31,602 --> 02:28:34,906 THESE VERY DENSE TOPICS, AND 4214 02:28:34,906 --> 02:28:35,306 JUST TO 4215 02:28:35,306 --> 02:28:36,841 KIND OF SET THE STAGE 4216 02:28:36,841 --> 02:28:38,976 AGAIN, WHERE WE LEFT BUDGET LAST 4217 02:28:38,976 --> 02:28:40,711 YEAR IS THAT WE WERE PREDICTING 4218 02:28:40,711 --> 02:28:41,812 SLOW GROWTH RETURN AND THAT WE 4219 02:28:41,812 --> 02:28:44,181 WERE IN IT. 4220 02:28:44,181 --> 02:28:46,284 WE HAD CLOSED $250 MILLION OR 4221 02:28:46,284 --> 02:28:47,952 SO BUDGET HOLE, AND THEN AT 4222 02:28:47,952 --> 02:28:52,990 THE BEGINNING OF THIS YEAR THAT 4223 02:28:52,990 --> 02:28:55,559 HOLD WAS RE -- CAME BACK IN A 4224 02:28:55,559 --> 02:28:55,726 NEW 4225 02:28:55,726 --> 02:28:57,428 FORM AFTER ALL OF THE 4226 02:28:57,428 --> 02:28:58,629 BUDGET EFFICIENCIES THAT WE HAD 4227 02:28:58,629 --> 02:28:58,863 TAKEN, 4228 02:28:58,863 --> 02:29:01,132 AND WE ARE NOW IN A WORSE -- 4229 02:29:01,132 --> 02:29:02,800 A HARDER PLACE THAN WE WERE 4230 02:29:02,800 --> 02:29:04,201 LAST YEAR BECAUSE WE'VE ALREADY 4231 02:29:04,201 --> 02:29:05,703 GONE THROUGH THE EXERCISE OF 4232 02:29:05,703 --> 02:29:07,071 MAKING THOSE TOUGH DECISIONS, 4233 02:29:07,071 --> 02:29:08,039 AND SO HERE WE ARE. 4234 02:29:08,172 --> 02:29:08,839 WITH THAT, OVER TO YOU, TOM AND 4235 02:29:08,839 --> 02:29:13,678 BEN. 4236 02:29:13,811 --> 02:29:15,046 >> THANK YOU, CHAIR. 4237 02:29:15,046 --> 02:29:17,148 I THINK WE INTRODUCED OURSELVES 4238 02:29:17,148 --> 02:29:19,050 FOR THE RECORD, AND FOR THE 4239 02:29:19,050 --> 02:29:22,320 SAKE, TOM MENZEL, CENTER STAFF. 4240 02:29:22,453 --> 02:29:24,755 >> TOM KNOWLES, CENTER 4241 02:29:24,755 --> 02:29:25,256 STAFF DIRECTOR. 4242 02:29:25,389 --> 02:29:26,958 >> WEAL BE TALKING 4243 02:29:26,958 --> 02:29:28,726 SPECIFICALLY GOING INTO DETAIL 4244 02:29:28,726 --> 02:29:29,760 AND COUNCIL 4245 02:29:29,760 --> 02:29:32,663 BILL 130, AND 131131 4246 02:29:32,663 --> 02:29:34,131 WHICH IS THE SUPPLEMENTAL BUDGET 4247 02:29:34,131 --> 02:29:35,132 ORDINANCE AND WE'LL BE 4248 02:29:35,132 --> 02:29:36,033 LEADING OFF WITH THE DISCUSSION 4249 02:29:36,033 --> 02:29:36,267 OF THE 4250 02:29:36,267 --> 02:29:39,770 CARRY FORWARD ORDINANCE, 4251 02:29:39,770 --> 02:29:42,073 AND THIS GIVES AN OVERVIEW OF 4252 02:29:42,073 --> 02:29:42,239 THE 4253 02:29:42,239 --> 02:29:43,240 PRESENTATION AND WE'LL 4254 02:29:43,240 --> 02:29:45,176 TOUCH ON THE CARRY FORWARD 4255 02:29:45,176 --> 02:29:46,510 ORDINANCE UPDATE AND TALK ABOUT 4256 02:29:46,510 --> 02:29:46,777 THE 4257 02:29:46,777 --> 02:29:49,647 MID- YEAR GRANT ACCEPTANCE BILL 4258 02:29:49,780 --> 02:29:53,584 AND THE MID- YEAR SUPPLEMENTAL 4259 02:29:53,584 --> 02:29:54,752 ORDINANCE AND 4260 02:29:54,752 --> 02:29:56,921 TALK ABOUT THE BUDGET PROCESS, 4261 02:29:56,921 --> 02:29:57,555 AND I'LL TURN IT 4262 02:29:57,555 --> 02:29:58,322 OVER TO THEM. 4263 02:29:58,456 --> 02:30:00,491 >> THANK YOU, TOM. 4264 02:30:00,624 --> 02:30:01,926 >> THE PRINCIPLE POINT 4265 02:30:01,926 --> 02:30:03,327 OF DISCUSSION AND THE GRANT 4266 02:30:03,327 --> 02:30:04,762 ACCEPTANCE, BUT IN DOING 4267 02:30:04,762 --> 02:30:07,998 SO, WE'RE TAKING THINGS UP OUT 4268 02:30:07,998 --> 02:30:08,199 OF 4269 02:30:08,199 --> 02:30:10,001 ORDER. THE CARRY FORWARD 4270 02:30:10,001 --> 02:30:10,601 ORDINANCE MAY HAVE BEEN 4271 02:30:10,601 --> 02:30:12,837 CONSIDERED AND LIKELY 4272 02:30:12,837 --> 02:30:15,239 APPROVED, AND 4273 02:30:15,239 --> 02:30:16,240 WHAT'S GOING ON AND WHY? 4274 02:30:16,240 --> 02:30:18,242 BEFORE I ANSWER MY 4275 02:30:18,242 --> 02:30:19,410 QUESTION, I'LL START ON WHAT 4276 02:30:19,410 --> 02:30:19,744 THE CARRY 4277 02:30:19,744 --> 02:30:21,545 FORWARD IS AND WHAT I'M TALKING 4278 02:30:21,545 --> 02:30:22,680 ABOUT AND WHAT IS THE 4279 02:30:22,680 --> 02:30:25,216 PURPOSE OF THE CARRY 4280 02:30:25,216 --> 02:30:27,451 FORWARD ORDINANCE? IN GENERAL, 4281 02:30:27,451 --> 02:30:28,953 UNLESS 4282 02:30:28,953 --> 02:30:32,823 OTHERWISE SPECIFIED, OPERATING 4283 02:30:32,823 --> 02:30:36,560 APPROPRIATIONS LAPSED THAT'S A 4284 02:30:36,560 --> 02:30:37,495 TECHNICAL TERM AND WHAT HAPPENS 4285 02:30:37,495 --> 02:30:38,796 TO 4286 02:30:38,796 --> 02:30:39,330 THE APPROPRIATION ONCE IT 4287 02:30:39,330 --> 02:30:42,466 EXPIRES. 4288 02:30:42,466 --> 02:30:45,236 AND THE DEPARTMENT APPROPRIATED 4289 02:30:45,236 --> 02:30:47,004 $100 MILLION AND THEY'VE GOT 5 4290 02:30:47,004 --> 02:30:48,172 MILLION LEFT AT THE END OF 4291 02:30:48,172 --> 02:30:50,174 THE YEAR AND THEY LOSE THE 4292 02:30:50,174 --> 02:30:51,809 AUTHORITY TO SPEND THE 1 MILLION 4293 02:30:51,809 --> 02:30:53,611 AND THEY'LL HAVE AUTHORITY FOR 4294 02:30:53,611 --> 02:30:53,911 NEXT 4295 02:30:53,911 --> 02:30:54,879 YEAR'S BUDGET AND THE 4296 02:30:54,879 --> 02:30:56,180 UNSPENT MONEY FROM THE PREVIOUS 4297 02:30:56,180 --> 02:30:57,982 YEAR, THEY DO NOT HAVE AUTHORITY 4298 02:30:57,982 --> 02:30:58,149 TO 4299 02:30:58,149 --> 02:31:00,918 SPEND, BUT IT COULD WELL 4300 02:31:00,918 --> 02:31:02,186 BE THAT THAT $5 MILLION WAS 4301 02:31:02,186 --> 02:31:03,187 ALLOCATED FOR IS SOMETHING THAT 4302 02:31:03,187 --> 02:31:03,421 THE 4303 02:31:03,421 --> 02:31:04,955 CITY WANTS TO CONTINUE, AND 4304 02:31:04,955 --> 02:31:07,224 WHEN I SAY THE CITY, I MEAN YOU 4305 02:31:07,224 --> 02:31:07,792 AND THE 4306 02:31:07,792 --> 02:31:12,363 MAYOR ON SOME LEVEL, AND 4307 02:31:12,363 --> 02:31:13,964 IF THAT'S THE CASE, THE 4308 02:31:13,964 --> 02:31:16,100 DEPARTMENT 4309 02:31:16,100 --> 02:31:16,600 CAN CARRY FORWARD THE 4310 02:31:16,600 --> 02:31:22,306 APPROPRIATION FROM LAST YEAR, 4311 02:31:22,306 --> 02:31:23,774 THAT WANTS TO GET SPENT 4312 02:31:23,774 --> 02:31:24,608 ON WHATEVER ACTIVITY PROGRAM 4313 02:31:24,608 --> 02:31:25,376 IT MIGHT BE. 4314 02:31:25,376 --> 02:31:27,912 SO THAT'S WHAT IT'S FOR AND 4315 02:31:27,912 --> 02:31:29,313 WHAT 4316 02:31:29,313 --> 02:31:30,581 IT DOES. 4317 02:31:30,581 --> 02:31:32,616 ASSUMING THE MONEY WILL 4318 02:31:32,616 --> 02:31:33,818 GET SPENT AND IT'S AN IMPORTANT 4319 02:31:33,818 --> 02:31:34,952 INVESTMENT AND WE STILL WANT IT 4320 02:31:34,952 --> 02:31:36,053 TO HAPPEN. 4321 02:31:36,053 --> 02:31:37,188 NORMALLY, GIVEN THAT 4322 02:31:37,188 --> 02:31:38,556 WE'RE DEALING WITH THINGS THAT 4323 02:31:38,556 --> 02:31:39,790 DIDN'T HAPPEN IN THE PREVIOUS 4324 02:31:39,790 --> 02:31:40,024 YEAR 4325 02:31:40,024 --> 02:31:41,425 AND WE DEAL WITH THE CARRY 4326 02:31:41,425 --> 02:31:42,460 FORWARD IN THE FIRST QUARTER 4327 02:31:42,460 --> 02:31:43,794 AND SOMETIMES COUNCIL HASN'T 4328 02:31:43,794 --> 02:31:45,262 VOTED IN THE BEGINNING OF 4329 02:31:45,262 --> 02:31:46,263 THE SECOND, BUT THAT'S 4330 02:31:46,263 --> 02:31:46,730 GENERALLY THE 4331 02:31:46,730 --> 02:31:46,997 TIME 4332 02:31:46,997 --> 02:31:51,535 LINE. SO WHY ARE WE STILL 4333 02:31:51,535 --> 02:31:52,603 TALKING ABOUT IT AND WHY ISN'T 4334 02:31:52,603 --> 02:31:52,870 IT BEFORE 4335 02:31:52,870 --> 02:31:55,706 YOU YET AS A REFERRED PIECE 4336 02:31:55,706 --> 02:31:56,974 OF LEGISLATION AND THE SHORT 4337 02:31:56,974 --> 02:31:57,208 ANSWER 4338 02:31:57,208 --> 02:31:58,042 IS THE APRIL FORECAST. 4339 02:31:58,042 --> 02:31:59,110 THE LEGISLATION HAD 4340 02:31:59,110 --> 02:32:00,478 BEEN TRANSMITTED TO THE COUNCIL 4341 02:32:00,478 --> 02:32:00,644 IN 4342 02:32:00,644 --> 02:32:06,217 ADVANCE OF THAT FORECAST, 4343 02:32:06,217 --> 02:32:07,685 BUT WE WERE ABOUT TO TAKE IT UP 4344 02:32:07,685 --> 02:32:08,886 AND WHEN THE FORECAST ARRIVED 4345 02:32:08,886 --> 02:32:10,154 THE IMPACT PARTICULARLY ON 4346 02:32:10,154 --> 02:32:12,389 THE PAYROLL EXPENSE TAX IN TERMS 4347 02:32:12,389 --> 02:32:14,325 OF REDUCTION IN THE FORECAST 4348 02:32:14,325 --> 02:32:16,861 MEANT THAT THE TOTAL 4349 02:32:16,861 --> 02:32:17,261 APPROPRIATIONS 4350 02:32:17,261 --> 02:32:18,329 PROPOSED IN THE BUDGET THAT 4351 02:32:18,329 --> 02:32:20,431 HAD BEEN APPROVED, THE 2025 4352 02:32:20,431 --> 02:32:22,433 BUDGET AND THAT HAD BEEN 4353 02:32:22,433 --> 02:32:22,800 PREPARED TO BE 4354 02:32:22,800 --> 02:32:24,001 REQUESTED, IF YOU WILL, IN 4355 02:32:24,001 --> 02:32:27,738 THE CARRY FORWARD, SO 4356 02:32:27,738 --> 02:32:29,240 UNSPENT DOLLARS IN '24 THAT THE 4357 02:32:29,240 --> 02:32:30,975 COMBINATION WAS LARGER THAN 4358 02:32:30,975 --> 02:32:32,776 THE FORECAST FOR THE PAYROLL 4359 02:32:32,776 --> 02:32:35,546 EXPENSE TAX AT THAT POINT IN 4360 02:32:35,546 --> 02:32:37,248 APRIL. SO -- IT DID NOT MAKE 4361 02:32:37,248 --> 02:32:37,615 SENSE 4362 02:32:37,615 --> 02:32:40,017 FROM OUR VIEW FOR THE COUNCIL TO 4363 02:32:40,017 --> 02:32:41,652 BE APPROPRIATING MORE MONEY THAN 4364 02:32:41,652 --> 02:32:44,121 WE UNDERSTAND OURSELVES TO HAVE. 4365 02:32:44,121 --> 02:32:45,055 I SAY UNDERSTAND OURSELVES 4366 02:32:45,055 --> 02:32:46,156 TO HAVE BECAUSE IT'S A 4367 02:32:46,156 --> 02:32:46,423 FORECAST. 4368 02:32:46,423 --> 02:32:51,028 THE LEGAL REQUIREMENTS 4369 02:32:51,028 --> 02:32:52,863 FOR PASSING A BALANCED BUDGET 4370 02:32:52,863 --> 02:32:55,332 LIKELY ONLY APPLY IN NOVEMBER 4371 02:32:55,332 --> 02:32:55,533 AND 4372 02:32:55,533 --> 02:32:57,801 IN SOME SENSE THEY COULD 4373 02:32:57,801 --> 02:32:59,370 STILL APPROPRIATE MORE MONEY 4374 02:32:59,370 --> 02:33:01,272 THAN YOU WOULD EXPECT TO GET AND 4375 02:33:01,272 --> 02:33:01,539 IT 4376 02:33:01,539 --> 02:33:04,842 MAKES NO SENSE AND IT REALLY 4377 02:33:04,842 --> 02:33:05,709 VOIDS 4378 02:33:05,709 --> 02:33:06,844 THE UNDERLYING ISSUES TO THE 4379 02:33:06,844 --> 02:33:09,146 FACT THAT THERE HAS BEEN A 4380 02:33:09,146 --> 02:33:11,749 MEANINGFUL RESOURCE, AND A 4381 02:33:11,749 --> 02:33:12,049 MEANINGFUL 4382 02:33:12,049 --> 02:33:14,018 REDUCTION IN RESOURCES. 4383 02:33:14,018 --> 02:33:15,920 SO SOME RESOURCES NEED TO 4384 02:33:15,920 --> 02:33:18,522 BE MADE WITH THE CARRY FORWARD 4385 02:33:18,522 --> 02:33:18,856 AND 4386 02:33:18,856 --> 02:33:21,191 ON ITS OWN WHAT THE BEST WAY 4387 02:33:21,191 --> 02:33:21,859 TO APPROACH 4388 02:33:21,859 --> 02:33:32,403 THAT WOULD BE. SO -- NEXT SLIDE. 4389 02:33:36,874 --> 02:33:38,309 THE COMBINATION OF THE 4390 02:33:38,309 --> 02:33:40,144 CARRY FORWARD WOULD BRING THE 4391 02:33:40,144 --> 02:33:42,546 EXPENDITURES 4392 02:33:42,546 --> 02:33:43,814 INTO BALANCE. WE'RE REVIEWING 4393 02:33:43,814 --> 02:33:45,182 THAT RIGHT NOW. 4394 02:33:45,182 --> 02:33:46,984 IN ADDITION, WE NEED TO 4395 02:33:46,984 --> 02:33:49,787 COMPLETE CHANGES TO THE ORIGINAL 4396 02:33:49,920 --> 02:33:52,189 AND WE'LL MAKE INTRODUCTION 4397 02:33:52,189 --> 02:33:53,724 CHANGES SO THAT THE PACKAGE 4398 02:33:53,724 --> 02:34:01,799 TOGETHER WILL NOW BE BALANCED 4399 02:34:01,799 --> 02:34:02,132 FOR 4400 02:34:02,132 --> 02:34:06,470 2025, AND FORTUNATELY, IN TERMS 4401 02:34:06,470 --> 02:34:07,871 OF TIMING YOU WILL SEE AND HEAR 4402 02:34:07,871 --> 02:34:08,272 ALL THREE. 4403 02:34:08,272 --> 02:34:09,206 SO YOU WILL HAVE AN 4404 02:34:09,206 --> 02:34:10,574 OPPORTUNITY TO TIE THIS ALL 4405 02:34:10,574 --> 02:34:11,075 TOGETHER, IF 4406 02:34:11,075 --> 02:34:11,308 YOU 4407 02:34:11,308 --> 02:34:13,744 WILL. AS A BIT OF A PREVIEW, LET 4408 02:34:13,744 --> 02:34:17,114 ME TALK ABOUT -- NEXT SLIDE, 4409 02:34:17,114 --> 02:34:18,682 HOW WE'RE GOING TO SOLVE THIS 4410 02:34:18,682 --> 02:34:21,218 PROBLEM AND HOW IS THE EXECUTIVE 4411 02:34:21,218 --> 02:34:22,720 PROPOSING TO SOLVE THIS PROBLEM. 4412 02:34:22,720 --> 02:34:24,321 AGAIN, THE KEY ISSUE HERE IS 4413 02:34:24,321 --> 02:34:26,390 ON THE PAYROLL EXPENSE SIDE. 4414 02:34:26,390 --> 02:34:27,791 IF YOU RECALL ON THE 4415 02:34:27,791 --> 02:34:29,026 GENERAL FUND SIDE THERE WAS A 4416 02:34:29,026 --> 02:34:31,295 REDUCTION IN REVENUES FORECAST 4417 02:34:31,295 --> 02:34:32,596 FOR '25 4418 02:34:32,596 --> 02:34:34,565 AND THEY UNDERSPENT RESOURCES 4419 02:34:34,565 --> 02:34:34,832 FROM 4420 02:34:34,832 --> 02:34:36,433 '24 MEANT THAT THAT WAS MORE 4421 02:34:36,433 --> 02:34:42,373 OR LESS A WASH, BUT IT WAS THE 4422 02:34:42,373 --> 02:34:44,375 P.E.T. THAT WAS IVING 4423 02:34:44,375 --> 02:34:45,743 THE INCREASE GOING FORWARD 4424 02:34:45,743 --> 02:34:47,344 AND CREATED A DEFICIT IF WE WANT 4425 02:34:47,344 --> 02:34:55,219 TO CARRY THINGS FORWARD FOR '25. 4426 02:34:55,219 --> 02:34:56,754 SO WHAT THE EXECUTIVE 4427 02:34:56,754 --> 02:34:59,490 IS PROPOSING TO DO IS TO REDUCE. 4428 02:34:59,490 --> 02:35:00,891 WE HAVE OVERCOMMITTED IN 4429 02:35:00,891 --> 02:35:02,860 SOME SENSE BECAUSE OF THE 4430 02:35:02,860 --> 02:35:04,028 THINGS IN THE CARRY FORWARD, WE 4431 02:35:04,028 --> 02:35:04,528 WANT 4432 02:35:04,528 --> 02:35:06,797 TO, OR THE EXECUTIVE, TO 4433 02:35:06,797 --> 02:35:08,465 OVERCOMMIT P.E.T. RESOURCES AND 4434 02:35:08,465 --> 02:35:09,299 WE NEED 4435 02:35:09,299 --> 02:35:10,200 TO REDUCE SOMEWHERE AND 4436 02:35:10,200 --> 02:35:12,536 THE PROPOSAL IS TO REDUCE 4437 02:35:12,536 --> 02:35:15,873 THE TRANSFER TO THE GENERAL 4438 02:35:15,873 --> 02:35:17,941 FUND, AND AS A TACTICAL MATTER, 4439 02:35:17,941 --> 02:35:20,144 THIS DOES WORK, AND THE REASON 4440 02:35:20,144 --> 02:35:23,414 IT WORKS IS THAT WHEN WE 4441 02:35:23,414 --> 02:35:27,418 BALANCED FOR '25 AND '26, THE 4442 02:35:27,418 --> 02:35:27,651 OVERALL 4443 02:35:27,651 --> 02:35:29,186 STRATEGY WAS ONE THAT 4444 02:35:29,186 --> 02:35:31,221 INVOLVED RUNG DOWN SOME 4445 02:35:31,221 --> 02:35:32,289 BALANCES, 4446 02:35:32,289 --> 02:35:33,857 FUND BALANCES IN THE GENERAL 4447 02:35:33,857 --> 02:35:34,158 FUND AND 4448 02:35:34,158 --> 02:35:37,795 ALSO IN P.E.T. OVER '25 AND 4449 02:35:37,795 --> 02:35:38,028 '26. 4450 02:35:38,028 --> 02:35:39,863 THEY HAD ACCUMULATED 4451 02:35:39,863 --> 02:35:42,533 RESOURCES FOR A VARIETY OF 4452 02:35:42,533 --> 02:35:44,034 REASONS 4453 02:35:44,034 --> 02:35:45,769 UNDER FORECASTS AND THE STRATEGY 4454 02:35:45,769 --> 02:35:49,907 WAS TO SPEND PART OF THAT ONE- 4455 02:35:49,907 --> 02:35:50,107 TIME 4456 02:35:50,107 --> 02:35:52,209 RESOURCE AND PART OF THE 4457 02:35:52,209 --> 02:35:54,311 ONE- TIME RESOURCE IN '26. 4458 02:35:54,311 --> 02:35:58,582 THAT MEANT AND MEANS THAT THE 4459 02:35:58,582 --> 02:36:00,384 EXPECTATION IN 2025 WAS GOING 4460 02:36:00,384 --> 02:36:03,220 TO END WITH A 4461 02:36:03,220 --> 02:36:04,822 POSITIVE FUND BALANCE IN THE 4462 02:36:04,822 --> 02:36:05,856 GENERAL FUND ABOUT $25 4463 02:36:05,989 --> 02:36:07,558 MILLION. THE '26 ENDORSED 4464 02:36:07,558 --> 02:36:08,325 BUDGET 4465 02:36:08,325 --> 02:36:10,594 THAT ANTICIPATED SPENDING THAT 4466 02:36:10,594 --> 02:36:12,596 $35 MILLION DOWN TO ZERO AND 4467 02:36:12,596 --> 02:36:12,863 THAT'S 4468 02:36:12,863 --> 02:36:15,766 OVER BY ANY AND WE'LL GET TO 4469 02:36:15,899 --> 02:36:17,167 ZERO. WHAT THE EXECUTIVE IS ABLE 4470 02:36:17,167 --> 02:36:17,368 TO 4471 02:36:17,368 --> 02:36:20,337 DO HERE IS TO REDUCE THE 4472 02:36:20,337 --> 02:36:20,604 TRANSFER 4473 02:36:20,604 --> 02:36:21,772 TO THE FUND AND THE FUND 4474 02:36:21,772 --> 02:36:23,440 BALANCE AND WE ANNES IT PATED WE 4475 02:36:23,440 --> 02:36:23,640 WOULD 4476 02:36:23,640 --> 02:36:25,609 HAVE IN 2025 WON'T NECESSARILY 4477 02:36:25,609 --> 02:36:27,044 BE THERE BECAUSE WE ARE GOING 4478 02:36:27,044 --> 02:36:31,215 TO HAVE LESS GENERAL FUND 4479 02:36:31,215 --> 02:36:31,482 RESOURCE 4480 02:36:31,482 --> 02:36:32,583 BECAUSE THEY TRANSFER 4481 02:36:32,583 --> 02:36:34,084 ININ FROM PAYROLL EXPENSE TAX 4482 02:36:34,084 --> 02:36:34,718 WOULD 4483 02:36:34,718 --> 02:36:35,018 BE 4484 02:36:35,018 --> 02:36:36,854 LOWER. IT DOES CREATE A 4485 02:36:36,854 --> 02:36:37,454 CHALLENGE FOR 4486 02:36:37,454 --> 02:36:40,657 '26 AND IT DOES SOLVE THETHE 4487 02:36:40,657 --> 02:36:42,159 '25 PROBLEM AND IT WOULD 4488 02:36:42,159 --> 02:36:43,594 REDUCE HOW MUCH P.E.T. WOULD GO 4489 02:36:43,594 --> 02:36:44,261 TO 4490 02:36:44,261 --> 02:36:45,729 THE GENERAL FUND AND RUN DOWN 4491 02:36:45,729 --> 02:36:47,097 THE FUND BALANCE WE HAVE IN 4492 02:36:47,097 --> 02:36:48,899 THE GENERAL FUND AND THUS 4493 02:36:48,899 --> 02:36:49,133 ENTERED 4494 02:36:49,133 --> 02:36:51,869 '26 IN A SLIGHTLY WORSE 4495 02:36:51,869 --> 02:36:52,136 POSITION 4496 02:36:52,136 --> 02:36:54,104 EXCEPT, AND THIS IS AN 4497 02:36:54,104 --> 02:36:55,906 IMPORTANT EXCEPT THAT THE 4498 02:36:55,906 --> 02:36:56,707 EXECUTIVE IS 4499 02:36:56,707 --> 02:36:57,708 SIMULTANEOUSLY WORKING TO 4500 02:36:57,708 --> 02:36:59,610 UNDERSPEND THE 2025 BUDGET 4501 02:36:59,610 --> 02:37:01,879 TO TRY TO BUILD UP GENERAL 4502 02:37:01,879 --> 02:37:04,381 FUND FUND BALANCE SO THEY CAN 4503 02:37:04,381 --> 02:37:06,517 TAKE ON THE 2026 PROBLEM. 4504 02:37:06,517 --> 02:37:08,685 THAT IS ESSENTIALLY THE SET OF 4505 02:37:08,685 --> 02:37:10,654 TRANSACTIONS THAT ARE GOING 4506 02:37:10,654 --> 02:37:10,921 ON 4507 02:37:10,921 --> 02:37:12,756 HERE. GIVEN THAT THE EXECUTIVE 4508 02:37:12,756 --> 02:37:15,192 IS WORKING TO UNDERSPEND 4509 02:37:15,192 --> 02:37:16,293 TECHNICALLY ANOTHER 4510 02:37:16,293 --> 02:37:18,862 POSSIBILITY WOULD BE TO TRY TO 4511 02:37:18,862 --> 02:37:19,229 REDUCE 4512 02:37:19,229 --> 02:37:21,498 2025 GENERAL FUND 4513 02:37:21,498 --> 02:37:23,467 APPROPRIATIONS AND THE EXECUTIVE 4514 02:37:23,467 --> 02:37:23,734 DOESN'T 4515 02:37:23,734 --> 02:37:25,335 GET ANYWHERE AND THAT'S NOT A 4516 02:37:25,335 --> 02:37:26,503 PRACTICAL WAY TO DO IT. 4517 02:37:26,503 --> 02:37:28,872 THIS IS A PRACTICAL WAY TO SOLVE 4518 02:37:28,872 --> 02:37:39,283 THE PROBLEM OF ROPRIATE 4519 02:37:51,795 --> 02:37:54,231 P.E.T. AND WE DO NOT 4520 02:37:54,231 --> 02:37:55,466 ANTICIPATE TO SPEND THIS YEAR 4521 02:37:55,466 --> 02:37:56,433 AND SOME 4522 02:37:56,433 --> 02:37:56,667 NEXT 4523 02:37:56,667 --> 02:37:57,968 YEAR. THE ALTERNATIVE APPROACH 4524 02:37:57,968 --> 02:37:58,335 IS 4525 02:37:58,335 --> 02:38:01,538 TO REDUCE APPROPRIATIONS ON THE 4526 02:38:01,672 --> 02:38:04,074 P.E.T. SIDE BECAUSE I KNOW 4527 02:38:04,074 --> 02:38:06,009 THAT THERE ARE RESOURCES I KNOW 4528 02:38:06,009 --> 02:38:07,077 WE'RE NOT SPENDING AND THERE 4529 02:38:07,077 --> 02:38:07,411 MAY 4530 02:38:07,411 --> 02:38:07,945 BE OTHERS. 4531 02:38:07,945 --> 02:38:10,013 AT THE END OF THE DAY, OTHERWISE 4532 02:38:10,013 --> 02:38:12,082 THEY'LL LEAVE THE CITY IN 4533 02:38:12,082 --> 02:38:13,283 THE SAME FUNDAMENTAL PLACE 4534 02:38:13,283 --> 02:38:16,019 BECAUSE THE MONEY WON'T GET 4535 02:38:16,019 --> 02:38:18,755 SPENT OUT OF P.E.T. WHETHER WE 4536 02:38:18,755 --> 02:38:20,324 SPEND IT 4537 02:38:20,324 --> 02:38:22,659 OR NOT AND THE APPROPRIATIONS 4538 02:38:22,659 --> 02:38:27,064 NEED TO BE BALANCED AND THE 4539 02:38:27,064 --> 02:38:28,665 ACTUAL CASH FLOW IS THROUGH 4540 02:38:28,665 --> 02:38:31,702 THE APPROPRIATION LEVELS AND 4541 02:38:31,702 --> 02:38:33,670 THEY'RE NOT BEING CONSTRAINED, 4542 02:38:33,670 --> 02:38:35,806 AND THEY'RE BEING CONSTRAINED 4543 02:38:35,806 --> 02:38:37,908 BY THEIR OWN MANAGEMENT BY 4544 02:38:37,908 --> 02:38:38,976 THE RESOURCES AND THE 4545 02:38:38,976 --> 02:38:40,744 KNOWLEDGE OF THE DEFICIT THAT 4546 02:38:40,744 --> 02:38:41,044 THEY HAVE. 4547 02:38:41,044 --> 02:38:43,981 I WILL TIE THIS TO THE MID- YEAR 4548 02:38:43,981 --> 02:38:44,448 SUPPLEMENTAL. 4549 02:38:44,581 --> 02:38:45,249 >> HANG TIGHT. 4550 02:38:45,249 --> 02:38:47,384 BEFORE WE GO TO MID- 4551 02:38:47,384 --> 02:38:47,718 YEAR 4552 02:38:47,718 --> 02:38:49,186 SUPPLEMENTAL. DO YOU NEED TO SAY 4553 02:38:49,186 --> 02:38:49,453 ANYTHING 4554 02:38:49,453 --> 02:38:50,287 TO CARRY FORWARD? 4555 02:38:50,420 --> 02:38:52,289 >> JUST TO SAY THAT AS I 4556 02:38:52,289 --> 02:38:56,226 SAID, THE EXECUTIVE IS MANAGING 4557 02:38:56,226 --> 02:38:56,393 THE 4558 02:38:56,393 --> 02:38:57,027 BUDGET NOT BECAUSE 4559 02:38:57,027 --> 02:39:00,597 OF APPROPRIATION CONSTRAINS AND 4560 02:39:00,731 --> 02:39:01,231 THEIR OWN RECOGNITION OF 4561 02:39:01,231 --> 02:39:02,966 THE DEFICITS OF CASH AND THERE 4562 02:39:02,966 --> 02:39:04,835 ARE EXCEPTIONS IN THE MID- 4563 02:39:04,835 --> 02:39:05,936 YEAR SUPPLEMENTAL WHERE THEY DO 4564 02:39:05,936 --> 02:39:07,204 WANT TO SPEND ADDITIONAL WHERE 4565 02:39:07,204 --> 02:39:07,404 THEY 4566 02:39:07,404 --> 02:39:08,906 ARE BEING CONSTRAINED BY 4567 02:39:08,906 --> 02:39:10,507 LIMITS ON APPROPRIATION AND 4568 02:39:10,507 --> 02:39:10,807 THAT'S 4569 02:39:10,807 --> 02:39:11,942 ALL I WANTED TO SAY. 4570 02:39:12,075 --> 02:39:12,609 >> THANK YOU. 4571 02:39:12,609 --> 02:39:14,411 WE'LL SIT ON THE CARRY FORWARD. 4572 02:39:14,411 --> 02:39:17,881 I SEE DIRECTOR 4573 02:39:17,881 --> 02:39:19,082 EDER AND VICE CHAIR RIVERA WE'LL 4574 02:39:19,082 --> 02:39:19,549 COME BACK 4575 02:39:19,549 --> 02:39:21,118 TO QUESTIONS FROM THE 4576 02:39:21,118 --> 02:39:22,953 LAST PRESENTATION 4577 02:39:22,953 --> 02:39:23,754 NOW AND COUNCIL PRESIDENT, I SEE 4578 02:39:23,754 --> 02:39:24,922 YOU HAVE 4579 02:39:24,922 --> 02:39:27,224 JOINED REMOTELY FROM YOUR OFFICE 4580 02:39:27,224 --> 02:39:27,391 AND 4581 02:39:27,391 --> 02:39:28,025 WE'LL GO 4582 02:39:28,025 --> 02:39:28,625 TO THAT. . 4583 02:39:28,625 --> 02:39:29,326 DIRECTOR 4584 02:39:29,326 --> 02:39:29,860 EDER. 4585 02:39:29,860 --> 02:39:30,260 >> THANK YOU FOR 4586 02:39:30,260 --> 02:39:31,228 THE OPPORTUNITY. 4587 02:39:31,228 --> 02:39:33,664 DAN EDER, I DIDN'T 4588 02:39:33,664 --> 02:39:34,765 INTRODUCE 4589 02:39:34,765 --> 02:39:36,033 MYSELF EARLIER. I APOLOGIZE. 4590 02:39:36,033 --> 02:39:44,508 I AM -- I AGREE WITH 4591 02:39:44,508 --> 02:39:46,376 EVERYTHING BEN SAID AND WE ARE 4592 02:39:46,376 --> 02:39:46,610 NO 4593 02:39:46,610 --> 02:39:47,978 WORSE WITH THE PROPOSAL THAT WE 4594 02:39:47,978 --> 02:39:49,579 HAVE AND NO BETTER AND IT'S 4595 02:39:49,579 --> 02:39:50,847 AN EVENING OUT OF THE FUNDS. 4596 02:39:50,847 --> 02:39:54,785 THE BAD NEWS ALREADY CAME IN 4597 02:39:54,785 --> 02:39:57,120 APRIL AND THAT'S THAT THE 4598 02:39:57,120 --> 02:40:04,361 OFFICE OF ECONOMIC AND REVENUE 4599 02:40:04,361 --> 02:40:04,628 FORECAST 4600 02:40:04,628 --> 02:40:06,430 HAS TOLD US ON A POINT IN TIME 4601 02:40:06,430 --> 02:40:07,497 BASIS THAT THEY 4602 02:40:07,497 --> 02:40:09,099 EXPECT THERE WILL BE 4603 02:40:09,099 --> 02:40:09,433 SIGNIFICANTLY 4604 02:40:09,433 --> 02:40:11,868 LESS REVENUE COMING IN IN BOTH 4605 02:40:11,868 --> 02:40:14,171 THE GENERAL FUND AND THE P.E.T. 4606 02:40:14,171 --> 02:40:14,304 , 4607 02:40:14,304 --> 02:40:15,605 PAYROLL EXPENSE TAX FUND FOR '25 4608 02:40:15,605 --> 02:40:22,045 AND '26. 4609 02:40:22,045 --> 02:40:24,014 AS I SAID, WE'LL GET 4610 02:40:24,014 --> 02:40:25,282 ANOTHER LOOK AT THAT, ANOTHER 4611 02:40:25,282 --> 02:40:25,482 POINT 4612 02:40:25,482 --> 02:40:26,817 IN TIME LOOK AT IT IN THE 4613 02:40:26,817 --> 02:40:27,084 BEGINNING 4614 02:40:27,084 --> 02:40:27,651 OF AUGUST. 4615 02:40:27,651 --> 02:40:30,087 WE HOPE THERE'S BETTER NEWS 4616 02:40:30,087 --> 02:40:31,421 AND HOPE THERE IS NOT 4617 02:40:31,421 --> 02:40:33,690 A PLAN. WE'LL FIGURE OUT WHERE 4618 02:40:33,690 --> 02:40:33,890 WE 4619 02:40:33,890 --> 02:40:35,692 REALLY ARE AND WHAT WE KNOW IS 4620 02:40:35,692 --> 02:40:39,830 THAT AS OF APRIL, THINGS WERE 4621 02:40:39,830 --> 02:40:40,097 WORSE 4622 02:40:40,097 --> 02:40:41,531 THAN THEY WERE WHEN THE CITY 4623 02:40:41,531 --> 02:40:44,201 ADOPTED ITS BUDGET IN THE FALL 4624 02:40:44,201 --> 02:40:50,007 OF '24. 4625 02:40:50,007 --> 02:40:52,042 THIS IS A RECOGNITION 4626 02:40:52,042 --> 02:40:53,977 THAT WE CAN HAVE THE GENERAL 4627 02:40:53,977 --> 02:40:56,480 FUND AND THE P.E.T. WHERE THE 4628 02:40:56,480 --> 02:40:56,713 PROBLEM 4629 02:40:56,713 --> 02:40:58,715 LIVES. WE'LL HAVE TO SOLVE 4630 02:40:58,715 --> 02:40:58,915 THAT, 4631 02:40:58,915 --> 02:41:01,184 WE'LL HAVE TO SOLVE THAT WITHIN 4632 02:41:01,184 --> 02:41:02,986 THE PROPOSED BUDGET AND WE 4633 02:41:02,986 --> 02:41:03,420 INTEND DO 4634 02:41:03,420 --> 02:41:03,887 THAT. 4635 02:41:03,887 --> 02:41:05,188 WE WILL TAKE THE LATEST 4636 02:41:05,188 --> 02:41:07,391 NEWS THAT COMES IN AUGUST. 4637 02:41:07,391 --> 02:41:11,161 HOPEFULLY THAT'S BETTER 4638 02:41:11,161 --> 02:41:14,097 THAN WHAT WE FOUND OUT IS THE 4639 02:41:14,097 --> 02:41:14,297 LOOK 4640 02:41:14,297 --> 02:41:15,098 FORWARD FROM APRIL. 4641 02:41:15,098 --> 02:41:17,901 IF IT IS EXACTLY THE SAME OR 4642 02:41:17,901 --> 02:41:18,769 BETTER NO MATTER WHAT 4643 02:41:18,769 --> 02:41:19,936 THE FORECAST IS WE WILL HAVE 4644 02:41:19,936 --> 02:41:22,139 A PROPOSED BUDGET TO YOU 4645 02:41:22,139 --> 02:41:23,674 THAT ADDRESSES THE CURRENT- 4646 02:41:23,674 --> 02:41:24,408 LOOKING REVENUE PICTURE. 4647 02:41:24,408 --> 02:41:27,210 WITH THAT, I'LL JUST BE HAPPY 4648 02:41:27,210 --> 02:41:28,011 TO ANSWER QUESTIONS. 4649 02:41:28,145 --> 02:41:29,112 >> THANK YOU. 4650 02:41:29,112 --> 02:41:30,480 COUNCIL MEMBER RIVERA, DO 4651 02:41:30,480 --> 02:41:32,582 YOU WANT TO RESTATE YOUR 4652 02:41:32,582 --> 02:41:34,651 QUESTION, BUT I MIGHT ASK A 4653 02:41:34,651 --> 02:41:35,419 LITTLE MORE 4654 02:41:35,419 --> 02:41:36,553 FOCUSED THAN LAST TIME. 4655 02:41:36,686 --> 02:41:38,922 >> THERE WERE MANY POINTS, I 4656 02:41:38,922 --> 02:41:40,957 WAS TRYING TO MAKE SURE, BUT 4657 02:41:40,957 --> 02:41:41,158 YES. 4658 02:41:41,158 --> 02:41:41,558 THANK YOU. 4659 02:41:41,558 --> 02:41:42,859 I WILL KEEP IT TO THE 4660 02:41:42,859 --> 02:41:44,728 POINT ABOUT THE HOUSING DOLLARS, 4661 02:41:44,728 --> 02:41:45,095 I 4662 02:41:45,095 --> 02:41:46,563 UNDERSTAND, AND OUR 4663 02:41:46,563 --> 02:41:49,232 TRUSTY CENTRAL STAFF, I WANT TO 4664 02:41:49,232 --> 02:41:53,537 GIVE TRACY RATSCLIFF A SHOUT OUT 4665 02:41:53,537 --> 02:41:54,838 BECAUSE SHE WATCHES AND 4666 02:41:54,838 --> 02:41:56,106 SHE ANSWERS QUESTIONS 4667 02:41:56,106 --> 02:41:56,740 WHILE WE'RE GOING. 4668 02:41:56,740 --> 02:41:59,976 I SEE YOU, TRACY AND I 4669 02:41:59,976 --> 02:42:00,777 APPRECIATE YOU. 4670 02:42:00,777 --> 02:42:02,679 SHE SHARED SOME INFORMATION 4671 02:42:02,679 --> 02:42:04,648 THAT WE GOT FROM THE OFFICE OF 4672 02:42:04,648 --> 02:42:06,316 HOUSE ON THIS PIECE ABOUT 4673 02:42:06,316 --> 02:42:07,150 WHAT'S BEEN 4674 02:42:07,150 --> 02:42:08,919 ENCUMBERED AND HOW MUCH HAS 4675 02:42:08,919 --> 02:42:11,354 BEEN AWARDED, BUT NOT YET 4676 02:42:11,354 --> 02:42:12,322 ENCUMBERED MEANING WE DON'T 4677 02:42:12,322 --> 02:42:13,090 HAVE A 4678 02:42:13,090 --> 02:42:14,524 CONTRACT FOR THOSE DOLLARS AND 4679 02:42:14,524 --> 02:42:16,393 IT'S ALMOST LIKE A FUTURE 4680 02:42:16,393 --> 02:42:16,660 PROMISE, 4681 02:42:16,660 --> 02:42:17,461 IF YOU WILL. 4682 02:42:17,461 --> 02:42:20,564 AND SO ON THE 4683 02:42:20,564 --> 02:42:23,333 AWARDED SIDE AND FOR SOME RAN MY 4684 02:42:23,333 --> 02:42:24,534 COMPUTER NOW 4685 02:42:24,534 --> 02:42:27,370 HAS DECIDED TO HUM THAT E MALE, 4686 02:42:27,370 --> 02:42:27,537 AND 4687 02:42:27,537 --> 02:42:30,841 WE PULLED UP THE DIRECTION AND 4688 02:42:30,841 --> 02:42:34,044 DIRECTOR EDER, YOU CAN TALK 4689 02:42:34,177 --> 02:42:35,846 ABOUT THIS. BOTTOM LINE IS THAT 4690 02:42:35,846 --> 02:42:36,947 IT HAS BEEN 4691 02:42:36,947 --> 02:42:38,615 AWARDED AND NOT ENCUMBERED 4692 02:42:38,615 --> 02:42:40,383 AND WE HAVE NEEDS TODAY AND 4693 02:42:40,383 --> 02:42:42,152 WE DECIDE AS A POLICY 4694 02:42:42,152 --> 02:42:43,487 MATTER, NOTHING IS 4695 02:42:43,487 --> 02:42:45,489 GETTING CONSTRUCTED AND THAT'S 4696 02:42:45,489 --> 02:42:45,755 IMPORTANT 4697 02:42:45,755 --> 02:42:47,424 BECAUSE PEOPLE KEEP TALKING 4698 02:42:47,424 --> 02:42:47,624 ABOUT 4699 02:42:47,624 --> 02:42:50,160 BUILDING OF HOUSING AND THINGS 4700 02:42:50,160 --> 02:42:53,196 ARE NOT GETTING BUILT. 4701 02:42:53,196 --> 02:42:56,399 SO, BEN, 4702 02:42:56,399 --> 02:42:58,935 GO AHEAD. SO, I JUST WANT TO 4703 02:42:58,935 --> 02:42:59,703 FROM A 4704 02:42:59,703 --> 02:43:03,974 POLICY STAND POINT, WE COULD, 4705 02:43:03,974 --> 02:43:05,809 WHY ARE 4706 02:43:05,809 --> 02:43:07,644 WE USING SOME OF THE FUNS NOW 4707 02:43:07,644 --> 02:43:08,912 KNOWING THAT WE'LL CONTINUE 4708 02:43:08,912 --> 02:43:12,749 TO COLLECT THIS MONEY FORFOR 4709 02:43:12,749 --> 02:43:17,053 AND AS LONG ASAS MONEY 4710 02:43:17,053 --> 02:43:21,291 THE BUILDING STARTS AGAIN, THAT 4711 02:43:21,291 --> 02:43:21,491 IS A 4712 02:43:21,491 --> 02:43:23,260 BIT TO TACKLE THIS PROBLEM AND 4713 02:43:23,260 --> 02:43:25,562 I WANT TO HEAR MORE ABOUT THAT 4714 02:43:25,562 --> 02:43:26,730 AND BEN, IT LOOKED 4715 02:43:26,730 --> 02:43:27,964 LIKE YOU WERE GOING TO TACKLE 4716 02:43:27,964 --> 02:43:28,431 THE QUESTION 4717 02:43:28,431 --> 02:43:29,733 OR ADD TO WHAT I WAS 4718 02:43:29,733 --> 02:43:31,701 SEAING. 4719 02:43:31,701 --> 02:43:35,138 >> WILL ALLOW DIRECTOR EDER TO 4720 02:43:35,138 --> 02:43:42,679 RESPOND FIRST AND WE'LL TAKE 4721 02:43:42,679 --> 02:43:43,079 THAT. 4722 02:43:43,213 --> 02:43:44,714 >> COUNCIL MEMBER, I 4723 02:43:44,714 --> 02:43:45,916 REACHED A DIFFERENT CONCLUSION 4724 02:43:45,916 --> 02:43:47,951 THAN THE 4725 02:43:47,951 --> 02:43:48,585 PLAIN WORDS THAT YOU JUST SPOKE 4726 02:43:48,585 --> 02:43:48,785 DID. 4727 02:43:48,785 --> 02:43:49,386 WE ARE OPENING HUNDREDS 4728 02:43:49,386 --> 02:43:51,321 AND HUNDREDS OF AFFORDABLE 4729 02:43:51,321 --> 02:43:51,555 HOUSING 4730 02:43:51,555 --> 02:43:56,826 UNITS. SO THERE SAY LOT MOVING 4731 02:43:56,826 --> 02:43:57,093 ALREADY. 4732 02:43:57,093 --> 02:44:00,831 IN 2024 THERE WERE NEARLY 1300 4733 02:44:00,831 --> 02:44:02,599 NEW UNITS OF AFFORDABLE 4734 02:44:02,599 --> 02:44:03,633 HOUSING THAT WERE BROUGHT 4735 02:44:03,633 --> 02:44:06,770 ONLINE WITH THE COMBINATION OF 4736 02:44:06,770 --> 02:44:07,103 FUNDING THAT 4737 02:44:07,103 --> 02:44:09,072 THE CITY PROVIDED AND 4738 02:44:09,072 --> 02:44:11,675 OTHER ENTITIES WHO WERE PARTNERS 4739 02:44:11,675 --> 02:44:18,248 IN IN THOSE ENDEAVORS. 4740 02:44:18,248 --> 02:44:19,916 IT IS TRUE THAT THE WAY THE 4741 02:44:19,916 --> 02:44:26,423 CITY BUDGET, WE AWARD PROJECTS 4742 02:44:26,423 --> 02:44:28,558 AND FULLY FUND THOSE COMMITMENTS 4743 02:44:28,558 --> 02:44:28,725 IN 4744 02:44:28,725 --> 02:44:30,026 YEAR ONE, IF YOU WILL. 4745 02:44:30,026 --> 02:44:32,362 ON ANY GIVEN YEAR, WE 4746 02:44:32,362 --> 02:44:42,372 PUT ALL OF THE MONEY ASIDE FOR 4747 02:44:42,372 --> 02:44:42,872 THE 4748 02:44:42,872 --> 02:44:45,642 FUTURE PAYMENT WHEN WE OWE A 4749 02:44:45,642 --> 02:44:47,043 NEW PROJECT THAT IS GOING TO BE 4750 02:44:47,043 --> 02:44:49,846 BMENT AND WE PUT IN 4751 02:44:49,846 --> 02:44:51,147 $10037 WE PUT THAT $100 ASIDE 4752 02:44:51,147 --> 02:44:51,514 AND WE DON'T 4753 02:44:51,514 --> 02:44:54,618 SPEND IT ON ANYTHING 4754 02:44:54,618 --> 02:44:56,486 ELSE. THAT ALLOWS US WHEN THE 4755 02:44:56,486 --> 02:44:59,089 PROJECT NEEDS THE MONEY TO KNOW 4756 02:44:59,089 --> 02:44:59,322 THAT 4757 02:44:59,322 --> 02:45:04,094 IT HAS THE FULL BACKING OF THE 4758 02:45:04,227 --> 02:45:06,096 CITY. TYPICALLY PROJECTS THAT 4759 02:45:06,096 --> 02:45:06,696 GET 4760 02:45:06,696 --> 02:45:09,132 $100 FROM THE CITY GET ANOTHER 4761 02:45:09,132 --> 02:45:10,600 $100 OR MORE FROM OTHER ENTITIES 4762 02:45:10,600 --> 02:45:12,636 AND IT TAKES TIME WHEN WE AWARD 4763 02:45:12,636 --> 02:45:15,038 THE PROJECT TO GET FULL 4764 02:45:15,038 --> 02:45:16,473 FUNDING, COMPLETE ALL OF ITS 4765 02:45:16,473 --> 02:45:17,307 DESIGN AND 4766 02:45:17,307 --> 02:45:18,642 PERMITTING AND BE READY TO 4767 02:45:18,642 --> 02:45:21,211 START CONSTRUCTION AND THEN 4768 02:45:21,211 --> 02:45:21,578 COMPLETE 4769 02:45:21,711 --> 02:45:22,846 CONSTRUCTION. TYPICALLY, THAT'S 4770 02:45:22,846 --> 02:45:23,747 THREE OR 4771 02:45:23,747 --> 02:45:25,181 MORE YEARS FROM THE DATE THAT WE 4772 02:45:25,181 --> 02:45:27,584 MAKE THE AWARD, AND IT IS -- 4773 02:45:27,584 --> 02:45:27,817 THERE 4774 02:45:27,817 --> 02:45:29,786 IS A POLICY CHOICE THAT WE 4775 02:45:29,786 --> 02:45:33,657 HAVE MADE TO PUT THAT MONEY INTO 4776 02:45:33,790 --> 02:45:35,592 ESSENTIALLY OUR FUND AS 4777 02:45:35,592 --> 02:45:37,894 LOCKED DOWN AND NOT AVAILABLE 4778 02:45:37,894 --> 02:45:39,062 FOR OTHER 4779 02:45:39,062 --> 02:45:39,729 SPENDING. 4780 02:45:39,729 --> 02:45:41,364 THE CITY COULD MAKE 4781 02:45:41,364 --> 02:45:45,235 DIFFERENT CHOICES. 4782 02:45:45,235 --> 02:45:46,936 WE HAVE NOT, HISTORICALLY, 4783 02:45:46,936 --> 02:45:48,338 CHOSEN TO DO THAT. 4784 02:45:48,338 --> 02:45:50,173 WHEN THE YEAR COMES A 4785 02:45:50,173 --> 02:45:51,808 ENSURE THAT WE HAVE THE MONEY TO 4786 02:45:51,808 --> 02:45:56,179 PAY THOSE BILLS AND B, THAT WE 4787 02:45:56,179 --> 02:45:59,115 DON'T HAVE -- WE DON'T USE THE 4788 02:45:59,115 --> 02:46:00,784 MONEY FOR ONGOING, OTHER 4789 02:46:00,784 --> 02:46:01,985 PURPOSES THAT 4790 02:46:01,985 --> 02:46:04,788 THIS IS ONE- TIME SOURCE FOR 4791 02:46:04,788 --> 02:46:06,056 IT, AND SO THERE ARE OTHER 4792 02:46:06,056 --> 02:46:07,924 REASONS THAT I DON'T WANT TO -- 4793 02:46:07,924 --> 02:46:09,826 I DON'T WANT TO ELABORATE TOO 4794 02:46:09,826 --> 02:46:10,060 MUCH 4795 02:46:10,060 --> 02:46:11,461 ON BECAUSE I KNOW THERE ARE 4796 02:46:11,461 --> 02:46:11,661 OTHER 4797 02:46:11,661 --> 02:46:13,730 QUESTION, BUT THOSE 4798 02:46:13,730 --> 02:46:15,598 IN COMBINATION HAVE LED US TO 4799 02:46:15,598 --> 02:46:15,765 NOT 4800 02:46:15,765 --> 02:46:17,600 TO REPURPOSE THE MONEY THAT 4801 02:46:17,600 --> 02:46:20,303 HAS BEEN COMMITTED, BUT FOR A 4802 02:46:20,303 --> 02:46:20,904 FUTURE YEAR TO CURRENT YEAR 4803 02:46:20,904 --> 02:46:28,278 NEEDS. 4804 02:46:28,411 --> 02:46:30,347 >> DO 4805 02:46:30,347 --> 02:46:31,481 YOU WANT TO ADD TO IT? 4806 02:46:31,481 --> 02:46:33,917 >> NO, THE HOUSING PRODUCTION 4807 02:46:33,917 --> 02:46:34,384 IS ONGOING. 4808 02:46:34,384 --> 02:46:38,488 IT ALWAYS TAKES A LOT OF 4809 02:46:38,488 --> 02:46:39,489 TIME AND LOW INCOME 4810 02:46:39,489 --> 02:46:40,724 HOUSING PROTECTION CONTINUES. 4811 02:46:40,724 --> 02:46:44,194 IT WAS NEVER DRIVEN BY A PROFIT 4812 02:46:44,194 --> 02:46:45,862 MOTIVE WHICH HAS CLOSED DOWN 4813 02:46:45,862 --> 02:46:47,330 A PRIVATE BUILDING AND THERE 4814 02:46:47,330 --> 02:46:49,132 IS SOME LEVEL OF PRODUCTION 4815 02:46:49,132 --> 02:46:49,366 STILL 4816 02:46:49,366 --> 02:46:50,133 ONGOING. 4817 02:46:50,266 --> 02:46:50,934 >> YES. 4818 02:46:50,934 --> 02:46:53,236 AND STILL, MY QUESTION -- IT 4819 02:46:53,236 --> 02:46:55,905 IS A POLICY CHOICE BECAUSE 4820 02:46:55,905 --> 02:46:58,141 AS LONG AS YOU HAVE THE MONEY TO 4821 02:46:58,141 --> 02:46:58,341 COVER 4822 02:46:58,341 --> 02:47:00,176 IN THE FUTURE YEARS WHEN THINGS 4823 02:47:00,176 --> 02:47:02,178 ARE ACTUALLY GOING TO 4824 02:47:02,178 --> 02:47:03,747 GET COMPLETED THOSE PROJECTS 4825 02:47:03,747 --> 02:47:03,947 THEN, 4826 02:47:03,947 --> 02:47:06,916 AND YOU COULD DECIDE NOT TO PUT 4827 02:47:07,050 --> 02:47:09,219 AN RFP OUT TO CATCH UP, I 4828 02:47:09,219 --> 02:47:11,988 MEAN, IT'S A LOT OF MONEY, AND 4829 02:47:11,988 --> 02:47:12,222 IT 4830 02:47:12,222 --> 02:47:14,791 ALSO HAS NOT RESERVED -- SORRY, 4831 02:47:14,791 --> 02:47:15,024 IT'S 4832 02:47:15,024 --> 02:47:15,458 EARNING TRUST. 4833 02:47:15,458 --> 02:47:17,460 AND SO I'M NOT SURE WHAT 4834 02:47:17,460 --> 02:47:20,196 HAPPENS TO THE MONEY -- NOT 4835 02:47:20,196 --> 02:47:22,198 TRUST, EXCUSE ME, EARNING 4836 02:47:22,198 --> 02:47:22,465 INTEREST. 4837 02:47:22,465 --> 02:47:23,666 I'M NOT SURE WHERE THE 4838 02:47:23,666 --> 02:47:25,468 INTEREST IS GOING BECAUSE THAT 4839 02:47:25,468 --> 02:47:25,735 ALSO CAN 4840 02:47:25,735 --> 02:47:27,270 BE UTILIZED BECAUSE 4841 02:47:27,270 --> 02:47:28,638 THEY'RE HOUSING AND RENTAL 4842 02:47:28,638 --> 02:47:28,938 ASSISTANCE 4843 02:47:28,938 --> 02:47:30,707 IS HOUSING IN MY MIND AND 4844 02:47:30,707 --> 02:47:32,909 THESE HOUSING PROJECTS THAT ARE 4845 02:47:32,909 --> 02:47:35,612 STRUGGLING, THAT'S STILL 4846 02:47:35,612 --> 02:47:37,580 HOUSING AND THERE ARE HOUSING 4847 02:47:37,580 --> 02:47:37,847 PROVIDERS 4848 02:47:37,847 --> 02:47:38,782 THAT HAVE HAD TO CLOSE 4849 02:47:38,782 --> 02:47:40,683 BUILDINGS AND I'M NOT SURE HOW 4850 02:47:40,683 --> 02:47:40,917 MANY 4851 02:47:40,917 --> 02:47:42,152 UNITS WE'VE LOST. 4852 02:47:42,152 --> 02:47:44,921 I UNDERSTAND WE GAINED 1300 AND 4853 02:47:45,055 --> 02:47:46,523 NOT SURE HOW MANY WE'VE LOST 4854 02:47:46,523 --> 02:47:47,690 BECAUSE THE PROVIDE VERSE HAD 4855 02:47:47,690 --> 02:47:49,259 TO CLOSE BUILDINGS AND THERE IS 4856 02:47:49,259 --> 02:47:49,592 AN 4857 02:47:49,592 --> 02:47:51,127 UNCLEAR PICK THE OUT 4858 02:47:51,127 --> 02:47:55,065 HOUSING SPACE WHICH IS WHY 4859 02:47:55,065 --> 02:47:56,332 COUNCIL MEMBER KETTLE AND I 4860 02:47:56,332 --> 02:47:57,801 HAVE TALKED ABOUT THE COMMITTEE, 4861 02:47:57,801 --> 02:47:58,668 AND I 4862 02:47:58,668 --> 02:47:59,569 KNOW THERE'S A SLIDE. 4863 02:47:59,569 --> 02:48:01,204 I THINK WE GET THIS 4864 02:48:01,204 --> 02:48:03,206 RESPONSE BACK IN A MONTH OR SO 4865 02:48:03,206 --> 02:48:03,506 ON WHAT'S 4866 02:48:03,506 --> 02:48:06,042 YOUR FIVE- YEAR PLAN FOR 4867 02:48:06,042 --> 02:48:08,344 HOUSING, SO THAT WE KNOW ALL OF 4868 02:48:08,344 --> 02:48:10,580 THESE PIECES THAT ARE 4869 02:48:10,580 --> 02:48:13,149 INTERRELATED WE ARE PLANNING IN 4870 02:48:13,149 --> 02:48:14,684 THIS HOLISTIC 4871 02:48:14,684 --> 02:48:15,418 FASHION, STRATEGIC FASHION AS A 4872 02:48:15,418 --> 02:48:19,122 PLAN. 4873 02:48:19,255 --> 02:48:23,393 >> DIRECTOR EGER, I DIDN'T MEAN 4874 02:48:23,393 --> 02:48:24,828 TO CUT YOU 4875 02:48:24,828 --> 02:48:25,361 OFF. 4876 02:48:25,361 --> 02:48:25,995 >> THAT'S OKAY. 4877 02:48:25,995 --> 02:48:27,464 I'M JUST MAKE THE POINT THAT WE 4878 02:48:27,464 --> 02:48:30,366 ARE MAKING POLICY CHOICES THAT 4879 02:48:30,366 --> 02:48:33,169 WE CAN SUPPORT IT AT THE 4880 02:48:33,169 --> 02:48:35,405 SAME TOO AND MAKE DIFFERENT 4881 02:48:35,405 --> 02:48:35,638 CHOICES 4882 02:48:35,638 --> 02:48:38,074 SO THAT THERE IS SOME 4883 02:48:38,074 --> 02:48:39,442 AVAILABLEAVAILABLE TODAY AND 4884 02:48:39,442 --> 02:48:40,577 PARTICULARLY FUNDS THAT HAVEN'T 4885 02:48:40,577 --> 02:48:41,778 BEEN ENCUMBERED 4886 02:48:41,778 --> 02:48:43,646 YET AND STILL MAKE GOOD ON THAT 4887 02:48:43,646 --> 02:48:45,381 LATER ON SO THAT WE CAN BUILD. 4888 02:48:45,381 --> 02:48:47,917 WE DO NEED MORE HOUSING, BUT 4889 02:48:47,917 --> 02:48:50,587 HOW WE'RE DOING THIS, IN MY 4890 02:48:50,587 --> 02:48:53,990 MIND, IS NOT WORKING, AND SO I 4891 02:48:53,990 --> 02:48:54,691 WANT A DAY 4892 02:48:54,691 --> 02:48:57,193 LIKE THAT AND IT IS 4893 02:48:57,193 --> 02:49:00,630 CONTRIBUTING TO THIS DEFICIT 4894 02:49:00,630 --> 02:49:01,831 PIECE. 4895 02:49:01,831 --> 02:49:05,201 I WOULD LOVE TO SEE THE HOUSING 4896 02:49:05,201 --> 02:49:06,936 DOLLARS AND THE HOUSING SPACE 4897 02:49:06,936 --> 02:49:07,871 SO THAT WE'RE ABLE TO 4898 02:49:07,871 --> 02:49:09,572 COVER ALL OF THE NEEDS INCLUDING 4899 02:49:09,572 --> 02:49:10,773 THE RENTAL 4900 02:49:10,773 --> 02:49:13,810 ASSISTANCE IF CURRENT PROVIDERS 4901 02:49:13,943 --> 02:49:15,345 NEED HELP KEEPING THOSE CURRENT 4902 02:49:15,345 --> 02:49:16,880 UNITS ONLINE, ALL OF THAT 4903 02:49:16,880 --> 02:49:18,481 IS PART OF THE SAME -- THE 4904 02:49:18,481 --> 02:49:19,849 SAME HOUSING -- SHOULD BE 4905 02:49:19,849 --> 02:49:23,086 PART OF THE SAME HOUSING PLAN. 4906 02:49:23,086 --> 02:49:23,786 THANK YOU, 4907 02:49:23,786 --> 02:49:24,187 CHAIR. 4908 02:49:24,187 --> 02:49:27,223 >> THANK YOU, VICE CHAIR. 4909 02:49:27,223 --> 02:49:28,758 DIRECTOR EDER AND 4910 02:49:28,758 --> 02:49:29,993 NOBLE, ANYTHING ELSE TO ADD 4911 02:49:29,993 --> 02:49:30,260 THERE? 4912 02:49:30,260 --> 02:49:30,493 >> 4913 02:49:30,493 --> 02:49:30,793 THANK YOU. 4914 02:49:30,793 --> 02:49:31,561 >> COUNCIL PRESIDENT, DID YOU 4915 02:49:31,561 --> 02:49:42,071 STILL WANT TO ASK A QUESTION? 4916 02:49:47,677 --> 02:49:49,078 >> SHE'S ON MUTE. 4917 02:49:49,212 --> 02:49:50,880 >> YES, YES, I DO. 4918 02:49:50,880 --> 02:49:51,948 I UNMUTED MYSELF. 4919 02:49:52,081 --> 02:49:54,183 >> PLEASE. 4920 02:49:54,317 --> 02:49:54,717 TAKE IT AWAY. 4921 02:49:54,717 --> 02:49:55,318 >> THANK YOU. 4922 02:49:55,318 --> 02:49:56,319 HELPFUL INFORMATION TO BUILD 4923 02:49:56,319 --> 02:49:57,287 UPON WHAT WE WERE SAYING. 4924 02:49:57,287 --> 02:50:02,525 THE OFFICE OF HOUSING'S CASH 4925 02:50:02,525 --> 02:50:04,661 BALANCE IS $624 MILLION AS 4926 02:50:04,661 --> 02:50:06,863 OF MAY -- AT THE END OF MAY, AND 4927 02:50:06,863 --> 02:50:08,598 SOME OF THAT'S INCUMBERED 4928 02:50:08,598 --> 02:50:11,167 AND SOME OF IT ISN'T, BUT THE 4929 02:50:11,167 --> 02:50:13,736 BOTTOM LINE IS THAT 107 MILLION 4930 02:50:13,736 --> 02:50:15,038 IS 4931 02:50:15,038 --> 02:50:18,374 ANTICIPATED FOR FUTURE NOFAs 4932 02:50:18,374 --> 02:50:21,244 AND THAT IS NOT ENCUMBERED OR 4933 02:50:21,244 --> 02:50:23,146 COMMITTED, ET CETERA, AND SO 4934 02:50:23,146 --> 02:50:25,515 FAR AT THE END OF MAY, 36 4935 02:50:25,515 --> 02:50:27,617 MILLION HAS 4936 02:50:27,617 --> 02:50:28,418 BEEN EXPENDED. SO THAT JUST 4937 02:50:28,418 --> 02:50:29,218 GIVES YOU KIND OF 4938 02:50:29,218 --> 02:50:31,454 A SENSE OF HOW THE FLOW OF MONEY 4939 02:50:31,454 --> 02:50:35,091 OUT VERSUS WHAT IS LEFT IN, YOU 4940 02:50:35,091 --> 02:50:36,793 KNOW, IN VARIOUS ACCOUNTS 4941 02:50:36,793 --> 02:50:38,861 IN HOUSING JUST TO FILL IN 4942 02:50:38,861 --> 02:50:40,263 THE BLANKS OVER THE 4943 02:50:40,263 --> 02:50:40,730 LAST CONVERSATION. 4944 02:50:40,730 --> 02:50:42,565 MY QUESTION IS, I KNOW THAT 4945 02:50:42,565 --> 02:50:44,701 THERE AREN'T NUMBERS HERE 4946 02:50:44,701 --> 02:50:46,269 AND WE'LL KEEP TALKING ABOUT 4947 02:50:46,269 --> 02:50:46,469 THIS, 4948 02:50:46,469 --> 02:50:47,770 BUT MY UNDERSTANDING 4949 02:50:47,770 --> 02:50:49,105 WAS THAT THE CARRY FORWARD THAT 4950 02:50:49,105 --> 02:50:50,773 WE 4951 02:50:50,773 --> 02:50:53,309 FIRST RECEIVED WAS ABOUT 30 4952 02:50:53,309 --> 02:50:54,677 MILLION 4953 02:50:54,677 --> 02:51:00,917 SHORT BECAUSE OF THE P.E.T. 4954 02:51:00,917 --> 02:51:01,484 REVENUE. 4955 02:51:01,484 --> 02:51:03,653 SO THE FIX IS TO TAKE 4956 02:51:03,653 --> 02:51:05,588 MONEY OUT OUT GENERAL, I 4957 02:51:05,588 --> 02:51:06,456 BELIEVE, 32 OUT 4958 02:51:06,456 --> 02:51:07,423 OF FINANCE GENERAL THAT 4959 02:51:07,423 --> 02:51:09,125 WOULD NOT GO FORWARD TO PAY 4960 02:51:09,125 --> 02:51:12,729 FOR GENERAL FUND COSTSCOSTS 4961 02:51:12,729 --> 02:51:14,030 2026, IF THAT 4962 02:51:14,030 --> 02:51:16,332 IS THE -- IF I'VE GOT THAT 4963 02:51:16,332 --> 02:51:17,834 RIGHT, HOW MUCH IS LEFT 4964 02:51:17,834 --> 02:51:18,368 IN FINANCE GENERAL IS MY 4965 02:51:18,368 --> 02:51:25,642 QUESTION? 4966 02:51:25,775 --> 02:51:29,846 >> DIRECTOR EDER? 4967 02:51:29,979 --> 02:51:31,781 >> THERE WAS $25 MILLION IN 4968 02:51:31,781 --> 02:51:33,583 THE BUDGET AS CENTRAL STAFF 4969 02:51:33,583 --> 02:51:34,884 MENTIONED AVAILABLE TO BUY 4970 02:51:34,884 --> 02:51:38,421 DOWN THE ANTICIPATED, AND THE 4971 02:51:38,421 --> 02:51:39,422 THEN- ANTICIPATED COST OF 4972 02:51:39,422 --> 02:51:40,223 THE ADOPTED BUDGET. 4973 02:51:40,223 --> 02:51:42,025 THAT NUMBER HAS EVOLVED 4974 02:51:42,025 --> 02:51:44,927 AS WE HAVE LAPSED SOME 4975 02:51:44,927 --> 02:51:47,330 MONEYMONEY FROM 4976 02:51:47,330 --> 02:51:50,333 UNDERSPEND FROM 2024 THAT IS 4977 02:51:50,333 --> 02:51:52,201 NOT IMPLICATED IN THE CARRY 4978 02:51:52,201 --> 02:51:52,435 FORWARD 4979 02:51:52,435 --> 02:51:56,072 AND THEN ALSO, SO THAT INCREASED 4980 02:51:56,072 --> 02:51:59,676 THE AMOUNT OF REVENUE THAT 4981 02:51:59,676 --> 02:52:01,678 WE WOULD OTHERWISE, ALL 4982 02:52:01,678 --> 02:52:03,479 THINGS BEING EQUAL LEFT OVER, IF 4983 02:52:03,479 --> 02:52:03,646 YOU 4984 02:52:03,646 --> 02:52:06,883 WILL, TO HELP PAY FOR 2026 4985 02:52:06,883 --> 02:52:08,751 EXPENSES AND IT WAS A DECREASE 4986 02:52:08,751 --> 02:52:10,586 IN THE APRIL FORECAST, 4987 02:52:10,586 --> 02:52:12,755 THAT DECREASED SOME OF THE 4988 02:52:12,755 --> 02:52:13,022 REVENUES. 4989 02:52:13,022 --> 02:52:17,293 THERE WAS, BOTTOM LINE, ENOUGH 4990 02:52:17,293 --> 02:52:19,095 MONEY TO LEAVE A 4991 02:52:19,095 --> 02:52:21,297 POSITIVE BALANCE OF GREATER THAN 4992 02:52:21,297 --> 02:52:21,464 $32 4993 02:52:21,464 --> 02:52:25,468 MILLION THAT WE HAVE TRANSMITTED 4994 02:52:25,468 --> 02:52:28,171 LEGISLATION TO ESSENTIALLY 4995 02:52:28,304 --> 02:52:30,740 DECREASE. IT'S DECREASING THE 4996 02:52:30,740 --> 02:52:30,973 PAYROLL 4997 02:52:30,973 --> 02:52:32,208 EXPENSE TAX FUND, 4998 02:52:32,208 --> 02:52:33,242 SUPPORT FOR THE GENERAL FUND 4999 02:52:33,242 --> 02:52:33,976 THAT 5000 02:52:33,976 --> 02:52:35,578 ISN'T NEEDED IN 2025. 5001 02:52:35,578 --> 02:52:38,448 THAT MEANS THAT WE EITHER NEED 5002 02:52:38,448 --> 02:52:43,252 TO HAVE A DECREASE IN 5003 02:52:43,252 --> 02:52:46,856 2026 GENERAL FUND EXPENSES OR A 5004 02:52:46,856 --> 02:52:50,126 DECREASE IN '25 OR '26 5005 02:52:50,126 --> 02:52:51,961 PAYROLL EXPENSE FUNDS IN ORDER 5006 02:52:51,961 --> 02:52:52,962 TO BE 5007 02:52:52,962 --> 02:52:54,564 BALANCED ACROSS BOTH OF 5008 02:52:54,564 --> 02:52:55,698 THOSE FUNDS WITH THE 5009 02:52:55,698 --> 02:52:57,266 PROPOSED BUDGET AND THE ADOPTED 5010 02:52:57,266 --> 02:52:58,067 BUDGET FOR 2026. 5011 02:52:58,067 --> 02:53:00,503 DOES THAT ANSWER YOUR QUESTION, 5012 02:53:00,503 --> 02:53:01,204 COUNCIL PRESIDENT? 5013 02:53:01,337 --> 02:53:04,006 >> SO, BASICALLY, ALL OF IT. 5014 02:53:04,006 --> 02:53:06,476 THE 32 MILLION THAT SORT 5015 02:53:06,476 --> 02:53:10,113 OF BALANCES THE CARRY FORWARD IS 5016 02:53:10,113 --> 02:53:11,214 PRETTY MUCH DOESN'T 5017 02:53:11,214 --> 02:53:12,982 LEAVE ANYTHING LEFT GOING 5018 02:53:12,982 --> 02:53:13,249 FORWARD. 5019 02:53:13,382 --> 02:53:14,617 >> IT LEAVES -- 5020 02:53:14,751 --> 02:53:17,653 >> 35 MINUS 32, GOT IT. 5021 02:53:17,653 --> 02:53:20,256 IT LEAVES 30-SOME- ODD 5022 02:53:20,256 --> 02:53:22,091 MILLION LESS THAN WHAT WOULD 5023 02:53:22,091 --> 02:53:23,760 OTHERWISE BE THERE FOR 2026 AND 5024 02:53:23,760 --> 02:53:23,993 THAT 5025 02:53:23,993 --> 02:53:25,695 WAS THE NEWS THAT CAME OUT OF 5026 02:53:25,695 --> 02:53:27,597 THE APRIL FORECAST IS THE CITY 5027 02:53:27,597 --> 02:53:28,698 HAS LESS MONEY. 5028 02:53:28,698 --> 02:53:29,866 WE HAVE ENOUGH MONEY TO 5029 02:53:29,866 --> 02:53:32,168 PAY FOR THE ADOPTED BUDGET AND 5030 02:53:32,168 --> 02:53:33,569 THE 5031 02:53:33,569 --> 02:53:39,041 MID- YEAR AND THE CARRY 5032 02:53:39,041 --> 02:53:42,812 FORWARD IN 2025. 5033 02:53:42,812 --> 02:53:45,948 WE HAVE A PROBLEM COME 2026 AND 5034 02:53:46,082 --> 02:53:47,750 WE ARE PURPOSELY 5035 02:53:47,750 --> 02:53:49,685 UNDERSPENDING AND LOOKING FOR 5036 02:53:49,685 --> 02:53:50,253 REDUCTIONS 5037 02:53:50,253 --> 02:53:52,588 IN SPENDING FOR 2026 THAT WE 5038 02:53:52,588 --> 02:53:53,656 WILL BE WORKING ON OVER 5039 02:53:53,656 --> 02:53:56,759 THE SUMMER AND IN SEPTEMBER 5040 02:53:56,759 --> 02:53:57,059 WE'LL 5041 02:53:57,059 --> 02:53:57,727 HAVE A PROPOSED BUDGET FOR YOUR 5042 02:53:57,727 --> 02:54:04,300 CONSIDERATION. 5043 02:54:04,433 --> 02:54:05,434 >> THANK YOU. 5044 02:54:05,434 --> 02:54:07,236 I LOOK FORWARD TO THE SLIDE 5045 02:54:07,236 --> 02:54:09,539 THAT SHOWS HISTORY OF UNDER 5046 02:54:09,539 --> 02:54:09,772 SPEND. 5047 02:54:09,772 --> 02:54:11,207 IT'S GOOD TO FIND THE MONEY 5048 02:54:11,207 --> 02:54:13,109 WHEN YOU NEED IT. 5049 02:54:13,242 --> 02:54:14,143 >> WE'RE WORKING ON IT. 5050 02:54:14,277 --> 02:54:14,577 >> 5051 02:54:14,577 --> 02:54:14,877 THANK YOU. 5052 02:54:14,877 --> 02:54:15,511 ANY FURTHER QUESTIONS? HARD TO 5053 02:54:15,511 --> 02:54:21,984 TELL. 5054 02:54:22,118 --> 02:54:23,553 COUNCIL PRESIDENT? 5055 02:54:23,553 --> 02:54:23,719 >> 5056 02:54:23,719 --> 02:54:23,953 NO. 5057 02:54:23,953 --> 02:54:24,954 >> COLLEAGUE, ANY OTHER 5058 02:54:24,954 --> 02:54:26,255 QUESTIONS ON CARRY FORWARD? 5059 02:54:26,255 --> 02:54:28,391 ANY OTHER QUESTIONS ON 5060 02:54:28,391 --> 02:54:30,993 CARRY FORWARD? 5061 02:54:30,993 --> 02:54:32,962 JUST GOING TO SUMMARIZE 5062 02:54:32,962 --> 02:54:35,097 WHAT I'VE HEARD IS IN THE -- 5063 02:54:35,097 --> 02:54:35,331 YOU 5064 02:54:35,331 --> 02:54:37,767 SENT THE CARRY FORWARD 5065 02:54:37,767 --> 02:54:40,837 LEGISLATION AHEAD OF THE APRIL 5066 02:54:40,837 --> 02:54:41,103 FORECAST. 5067 02:54:41,103 --> 02:54:43,172 THE APRIL FORECAST CAME IN UNDER 5068 02:54:43,172 --> 02:54:45,374 THAN EXPECTED, THE GENERAL 5069 02:54:45,374 --> 02:54:47,009 FUND COMING IN ABOVE WHEN 5070 02:54:47,009 --> 02:54:47,443 WE EXPECTED. 5071 02:54:47,443 --> 02:54:49,011 AS WE SAID LAST YEAR 5072 02:54:49,011 --> 02:54:50,346 WHEN WE WERE HAVING THE JUMP- 5073 02:54:50,346 --> 02:54:52,415 START POLICY CONVERSATIONS WE 5074 02:54:52,415 --> 02:54:56,219 SAID THAT AT THAT TIME JUMPSTART 5075 02:54:56,219 --> 02:55:00,389 HAD ONLY GONE UP. 5076 02:55:00,389 --> 02:55:02,258 I SAID WE HAD TO BE 5077 02:55:02,258 --> 02:55:03,426 CAREFUL BECAUSE THAT WAS 5078 02:55:03,426 --> 02:55:04,594 UNREASONABLE AND WE DIDN'T 5079 02:55:04,594 --> 02:55:07,163 HAVE TAX COLLECTION TO DO FIVE 5080 02:55:07,163 --> 02:55:07,363 YEARS 5081 02:55:07,496 --> 02:55:09,732 SMOOTHING. IN A FUTURE STATE 5082 02:55:09,732 --> 02:55:10,099 JUMP- START 5083 02:55:10,099 --> 02:55:11,868 CAME IN THAN WHEN A GENERAL 5084 02:55:11,868 --> 02:55:14,270 FUND WOULD SUPPORT THOSE JUMP- 5085 02:55:14,270 --> 02:55:14,504 START 5086 02:55:14,504 --> 02:55:16,038 DOLLARS. THAT IS WHAT I HAVE 5087 02:55:16,038 --> 02:55:16,305 RECEIVED 5088 02:55:16,305 --> 02:55:16,539 TODAY. 5089 02:55:16,539 --> 02:55:18,608 THAT IS WHAT WE ARE DOING TODAY. 5090 02:55:18,608 --> 02:55:20,109 THIS IS ACTIONS MEETING 5091 02:55:20,109 --> 02:55:24,146 THE WORDS THAT WE HAVE SAID, 5092 02:55:24,146 --> 02:55:25,615 AND MAYBE I SHOULDN'T HAVE SAID 5093 02:55:25,615 --> 02:55:28,451 THAT THAT JUMP- START COULD COME 5094 02:55:28,584 --> 02:55:30,186 IN UNDER BECAUSE ONLY THREE 5095 02:55:30,186 --> 02:55:31,821 MONTHS LATER 5096 02:55:31,821 --> 02:55:33,623 IT DID. THIS POLICY CHOICE DOES, 5097 02:55:33,623 --> 02:55:33,923 IN 5098 02:55:33,923 --> 02:55:37,126 FACT, GIVE US FEWER 5099 02:55:37,126 --> 02:55:38,794 RESERVES TO ADDRESS 2026 BUDGET, 5100 02:55:38,794 --> 02:55:39,428 UNDERSTANDING THE 5101 02:55:39,428 --> 02:55:41,097 CURRENT PRACTICE OF FUNDING 5102 02:55:41,097 --> 02:55:41,564 HOUSING IN 5103 02:55:41,564 --> 02:55:43,599 PARTICULAR, BUT WITH THAT, 5104 02:55:43,599 --> 02:55:46,836 I'M GOING MOVE US ON TO THE 5105 02:55:46,836 --> 02:55:49,438 NEXT SECTION OF THIS WHICH IS 5106 02:55:49,438 --> 02:55:49,705 THE 5107 02:55:49,705 --> 02:55:52,541 GRANT ACCEPTANCE AND 5108 02:55:52,541 --> 02:55:53,042 APPROPRIATION. 5109 02:55:53,042 --> 02:55:56,345 SO, TOM, TAKE IT AWAY. 5110 02:55:56,479 --> 02:55:59,282 >> SO NOW WE'LL TALK ABOUT THE 5111 02:55:59,415 --> 02:56:01,550 MID-YEAR GRANT ACCEPTANCE 5112 02:56:01,550 --> 02:56:02,518 AND FOLLOW WITH THE 5113 02:56:02,518 --> 02:56:02,919 SUPPLEMENTAL. 5114 02:56:02,919 --> 02:56:06,222 SO THIS IS THE SECOND MID- 5115 02:56:06,222 --> 02:56:07,390 YEAR, THE SECOND GRANT 5116 02:56:07,390 --> 02:56:08,691 ACCEPTANCE OF THE YEAR AND 5117 02:56:08,691 --> 02:56:09,125 THERE'S BEEN 5118 02:56:09,125 --> 02:56:11,961 ONE THAT HAS BEEN ACCEPTED AND 5119 02:56:11,961 --> 02:56:13,563 APPROVED BY COUNCIL. 5120 02:56:13,563 --> 02:56:15,531 THE Q1 GRANTS AND THERE WILL 5121 02:56:15,531 --> 02:56:17,500 BE A THIRD WITH THE MAYOR'S 5122 02:56:17,500 --> 02:56:18,167 BUDGET 5123 02:56:18,167 --> 02:56:19,568 PROPOSAL, I WOULD ASSUME, TO 5124 02:56:19,568 --> 02:56:21,904 CLOSE OUT THE YEAR. 5125 02:56:21,904 --> 02:56:25,041 THIS SPECIFIC BILL 5126 02:56:25,041 --> 02:56:27,176 WOULD AUTHORIZE STATE 5127 02:56:27,176 --> 02:56:28,577 DEPARTMENTS ON 5128 02:56:28,711 --> 02:56:29,879 ACCEPT $23 MILLION FROM 5129 02:56:29,879 --> 02:56:34,016 EXTERNAL PROVIDERS AND 5130 02:56:34,016 --> 02:56:34,383 APPROPRIATE 5131 02:56:34,383 --> 02:56:35,952 $22 MILLION BY 5132 02:56:35,952 --> 02:56:37,753 THE CITY. HEAR LIMITED 5133 02:56:37,753 --> 02:56:38,754 MATCHING REQUIREMENTS AND ANY 5134 02:56:38,754 --> 02:56:39,021 INSTANCES 5135 02:56:39,021 --> 02:56:39,789 WHERE THE CITY WOULD NEED 5136 02:56:39,789 --> 02:56:41,657 TO COME UP WITH MONEY TO KIND OF 5137 02:56:41,657 --> 02:56:45,294 GO ALONG WITH THE FUNDS THAT WE 5138 02:56:45,294 --> 02:56:46,595 ARE RECEIVING, BUT THEY'RE ALL 5139 02:56:46,595 --> 02:56:47,897 MET WITH THE EXISTING 5140 02:56:47,897 --> 02:56:48,764 BUDGET APPROPRIATIONS AND 5141 02:56:48,764 --> 02:56:49,165 THERE'S NO 5142 02:56:49,165 --> 02:56:53,903 CITY IMPACT FOR ACCEPTING THESE 5143 02:56:53,903 --> 02:56:55,237 MONIES, SO I'M GOING TO 5144 02:56:55,237 --> 02:56:56,539 COVER THE HIGHLIGHTS OF THE 5145 02:56:56,539 --> 02:56:58,808 $23 MILLION AND THE BILL. 5146 02:56:58,808 --> 02:57:00,376 FIRST, THERE'S $4 MILLION 5147 02:57:00,376 --> 02:57:01,677 BEING RECEIVED FROM THE SEATTLE 5148 02:57:01,677 --> 02:57:01,911 CENTER 5149 02:57:01,911 --> 02:57:02,645 FROM THE STATE DEPARTMENT 5150 02:57:02,645 --> 02:57:04,613 OF COMMERCE AND THAT MONEY IS 5151 02:57:04,613 --> 02:57:06,015 FOR MEMORIAL STADIUM 5152 02:57:06,015 --> 02:57:06,916 REDEVELOPMENT AND THAT'S 5153 02:57:06,916 --> 02:57:08,017 CONSISTENT WITH THE 5154 02:57:08,017 --> 02:57:09,452 ILA AND THE 5155 02:57:09,452 --> 02:57:11,020 DEVELOPMENT AGREEMENT. 5156 02:57:11,020 --> 02:57:12,321 $3.7 MILLION TO THE HUMAN 5157 02:57:12,321 --> 02:57:13,756 SERVICES DEPARTMENT AND 5158 02:57:13,756 --> 02:57:15,257 HSD FROM THE STATE DEPARTMENT OF 5159 02:57:15,257 --> 02:57:15,491 SOCIAL 5160 02:57:15,491 --> 02:57:16,792 AND HEALTH SERVICES AND THIS IS 5161 02:57:16,792 --> 02:57:18,561 FOR THE WASHINGTON CARES 5162 02:57:18,561 --> 02:57:20,963 PROGRAM, WHICH IS ESSENTIALLY, 5163 02:57:20,963 --> 02:57:22,832 WASHINGTON'S LONG- TERM 5164 02:57:22,832 --> 02:57:24,200 CARE INSURANCE SYSTEM. 5165 02:57:24,200 --> 02:57:26,435 THE GRANT DOES FUND NINE 5166 02:57:26,435 --> 02:57:27,503 NEW POSITIONS AND THEY'RE NOT 5167 02:57:27,503 --> 02:57:29,872 IN THIS BILL, THEY'RE IN THE 5168 02:57:29,872 --> 02:57:30,072 NEXT 5169 02:57:30,072 --> 02:57:33,743 BILL THAT COVERS INCREASED NEW 5170 02:57:33,743 --> 02:57:34,243 POSITIONS. 5171 02:57:34,243 --> 02:57:36,045 THOSE NEW POSITIONS THAT ARE 5172 02:57:36,045 --> 02:57:37,613 ONGOING AND WE'LL TALK ABOUT 5173 02:57:37,613 --> 02:57:41,984 THAT IN THE NEW BILL. 5174 02:57:41,984 --> 02:57:44,220 THERE IS A $2.5 5175 02:57:44,220 --> 02:57:44,920 MILLION FROM THE CRIMINAL 5176 02:57:44,920 --> 02:57:45,755 JUSTICE 5177 02:57:45,755 --> 02:57:48,724 TRAINING COMMISSION AND THAT'S 5178 02:57:48,724 --> 02:57:49,225 FOR 5179 02:57:49,358 --> 02:57:50,092 HOMELESS PEOPLE IN SEATTLE. THE 5180 02:57:50,092 --> 02:57:51,794 FUNDING WILL ACTUALLY BE 5181 02:57:51,794 --> 02:57:53,362 ADMINISTERED BY A 5182 02:57:53,362 --> 02:57:55,464 COMMUNITY-BASED 5183 02:57:55,464 --> 02:57:56,065 ORGANIZATION ON CONTRACT WITH 5184 02:57:56,065 --> 02:57:57,533 THE 5185 02:57:57,533 --> 02:57:58,667 CITY, AND THEN THERE ARE $2 5186 02:57:58,667 --> 02:58:00,336 MILLION TO OFFSET 5187 02:58:00,336 --> 02:58:01,804 COMMUNITY DEVELOPMENT FOR 5188 02:58:01,804 --> 02:58:04,306 THE ENGAGEMENT AND EVALUATION 5189 02:58:04,306 --> 02:58:05,341 FOR 5190 02:58:05,341 --> 02:58:07,109 PLANNING ACTIVITIES, AND THAT 5191 02:58:07,109 --> 02:58:09,812 IS -- THAT IS THE MID- YEAR 5192 02:58:09,812 --> 02:58:12,515 BILL AT A VERY HIGH LEVEL. 5193 02:58:12,515 --> 02:58:16,652 THIS BILL JUST REQUIRES A SIMPLE 5194 02:58:16,652 --> 02:58:17,987 MAJORITY VOTE FOR APPROVAL. 5195 02:58:18,120 --> 02:58:19,522 >> THANK 5196 02:58:19,522 --> 02:58:20,556 YOU, TOM. COLLEAGUES, ACCEPTANCE 5197 02:58:20,556 --> 02:58:20,823 AND 5198 02:58:20,823 --> 02:58:26,228 APPROPRIATIONS? COLLEAGUES? 5199 02:58:26,228 --> 02:58:27,196 GOING ONCE. 5200 02:58:27,196 --> 02:58:27,930 GOING TWICE. 5201 02:58:27,930 --> 02:58:29,765 I WILL MAKE MY ONLY COMMENT 5202 02:58:29,765 --> 02:58:31,834 AND THIS KIND OF COMES BACK TO 5203 02:58:31,834 --> 02:58:33,302 THE COMP PLAN CONVERSATIONS 5204 02:58:33,302 --> 02:58:35,237 THAT WE'RE GOING TO BE HAVING. 5205 02:58:35,237 --> 02:58:36,672 I'LL BE LOOKING TO 5206 02:58:36,672 --> 02:58:38,474 ENGAGE WITH THE OFFICE OF 5207 02:58:38,474 --> 02:58:38,741 PLANNING 5208 02:58:38,741 --> 02:58:41,177 COMMUNITY DEVELOPMENT REGARDING 5209 02:58:41,177 --> 02:58:41,377 THE 5210 02:58:41,377 --> 02:58:43,312 LIVINGLIVING INTERSTATE I- 5 5211 02:58:43,312 --> 02:58:44,013 BECAUSE WE 5212 02:58:44,013 --> 02:58:46,615 SEE ESPECIALLY BETWEEN 45th 5213 02:58:46,615 --> 02:58:48,851 AND ALMOST 65th, REALLY. 5214 02:58:48,851 --> 02:58:51,454 55th EVEN THOUGH THERE'S AN 5215 02:58:51,454 --> 02:58:53,055 OVERPASS AT 55th AND THAT AREA 5216 02:58:53,055 --> 02:58:55,057 IS PRIMED AND READY TO BE 5217 02:58:55,057 --> 02:58:56,792 LIDDED IN A SIMILAR WAY THAT IT 5218 02:58:56,792 --> 02:58:59,361 WAS DONE IN WASHINGTON, D.C. , 5219 02:58:59,361 --> 02:59:01,163 WITH ZERO PUBLIC DOLLARS. 5220 02:59:01,163 --> 02:59:04,266 IT RECONNECTED THE GRID, 5221 02:59:04,266 --> 02:59:06,736 AND CREATED NEW OFFICE SPACE 5222 02:59:06,736 --> 02:59:07,103 WHICH 5223 02:59:07,103 --> 02:59:10,072 GENERATES, I BELIEVE, WAS $20 5224 02:59:10,072 --> 02:59:11,774 OR $40 MILLION IN PROPERTY 5225 02:59:11,774 --> 02:59:13,843 TAXES FOR WASHINGTON, D.C. , AND 5226 02:59:13,843 --> 02:59:17,213 THAT AREA WE HAVE A GREAT 5227 02:59:17,213 --> 02:59:18,581 POTENTIAL TO RECONNECT THE 5228 02:59:18,581 --> 02:59:20,783 NEIGHBORHOOD WITH THE REVIVED I- 5229 02:59:20,783 --> 02:59:21,117 5 5230 02:59:21,117 --> 02:59:23,686 WORK HAVING BEEN PAUSED AND EVEN 5231 02:59:23,686 --> 02:59:23,986 THOUGH 5232 02:59:23,986 --> 02:59:25,721 THIS WEEKEND STARTS THE FIRST 5233 02:59:25,721 --> 02:59:26,722 30- 5234 02:59:26,722 --> 02:59:28,757 DAY CLOSURE OF SOME LANES WITH 5235 02:59:28,757 --> 02:59:30,826 THE WORK BETWEEN THE SHIP CANAL 5236 02:59:30,826 --> 02:59:32,294 BRIDGE HAS BEEN DELAYED 5237 02:59:32,294 --> 02:59:34,530 WHICH GIVES US THE ABILITY THAT 5238 02:59:34,530 --> 02:59:34,797 AS 5239 02:59:34,797 --> 02:59:36,699 WE DO THAT, ENSURING 5240 02:59:36,699 --> 02:59:38,634 THAT THEY DO THE WORK IN A WAY 5241 02:59:38,634 --> 02:59:39,168 THAT 5242 02:59:39,168 --> 02:59:41,637 ALLOWS FOR PILINGS TO BE PUT IN 5243 02:59:41,637 --> 02:59:44,573 PLACE, AND IT IS 5244 02:59:44,573 --> 02:59:47,143 CRITICAL. THAT WAS COMMENTARY, 5245 02:59:47,143 --> 02:59:48,611 AND NOT A 5246 02:59:48,611 --> 02:59:49,145 QUESTION. 5247 02:59:49,145 --> 02:59:50,880 COLLEAGUES, I WILL TICK 5248 02:59:50,880 --> 02:59:53,582 ON, USUALLY THIS TIME OF 5249 02:59:53,582 --> 02:59:56,118 YEARYEAR THE SUBJECT THAT WE 5250 02:59:56,118 --> 02:59:56,352 HAVE 5251 02:59:56,485 --> 02:59:57,219 AND TODAY IT'S COMING IN THIRD 5252 02:59:57,219 --> 02:59:58,621 WITH THE MID- YEAR 5253 02:59:58,621 --> 03:00:00,122 SUPPLEMENTAL BUDGET OVER TO YOU, 5254 03:00:00,122 --> 03:00:00,322 TOM, 5255 03:00:00,322 --> 03:00:01,290 AND WE'LL HOLD QUESTIONS UNTIL 5256 03:00:01,290 --> 03:00:03,459 THE END OF THIS SECTION AND THEN 5257 03:00:03,459 --> 03:00:03,926 ASK QUESTIONS. 5258 03:00:03,926 --> 03:00:08,531 WE ONLY HAVE 14 MINUTES FOR 5259 03:00:08,531 --> 03:00:08,831 THIS 5260 03:00:08,831 --> 03:00:09,165 SECTION. 5261 03:00:09,165 --> 03:00:09,832 >> THANK YOU, CHAIR. 5262 03:00:09,965 --> 03:00:12,034 >> THIS WOULD BE THE 5263 03:00:12,034 --> 03:00:13,235 FIRST COMPREHENSIVE 5264 03:00:13,235 --> 03:00:14,003 SUPPLEMENTAL BUDGET LEGISLATION 5265 03:00:14,003 --> 03:00:14,303 CONSIDERED 5266 03:00:14,303 --> 03:00:16,305 BY COUNCIL IN 2025. 5267 03:00:16,305 --> 03:00:18,174 TYPICALLY, WE TALKED ABOUT 5268 03:00:18,174 --> 03:00:20,342 THIS, TYPICALLY IT WOULD BE THE 5269 03:00:20,342 --> 03:00:22,077 CARRY FORWARD BILL AND THERE ARE 5270 03:00:22,077 --> 03:00:23,546 EXTENDED CIRCUMSTANCES AND THIS 5271 03:00:23,546 --> 03:00:25,114 IS THE FIRST COM PRO 5272 03:00:25,114 --> 03:00:26,148 HENCIVE BILL BEFORE YOU. 5273 03:00:26,148 --> 03:00:28,717 IT'S A MIDYEAR APPROPRIATION 5274 03:00:28,717 --> 03:00:30,286 AND CAPITAL PROJECT CHANGE 5275 03:00:30,286 --> 03:00:31,720 BILL THAT'S INTENDED TO MEET 5276 03:00:31,720 --> 03:00:33,656 NEEDS THAT WERE UNFORESEEABLE 5277 03:00:33,656 --> 03:00:35,958 OR ASSUMED TO BE UNFORESEEABLE 5278 03:00:35,958 --> 03:00:36,158 WHEN 5279 03:00:36,158 --> 03:00:37,760 THE 2025 BUDGET WAS 5280 03:00:37,760 --> 03:00:39,395 ADOPTED IN THE FALL OF LAST 5281 03:00:39,395 --> 03:00:39,595 YEAR. 5282 03:00:39,595 --> 03:00:41,430 THIS BILL WOULD DECREASE IN 5283 03:00:41,430 --> 03:00:45,134 TOTAL, CITY APPROPRIATIONS BY 5284 03:00:45,134 --> 03:00:48,404 $221 MILLION AND ADDS 11 5285 03:00:48,404 --> 03:00:49,905 FTEs AND FIRST RATE OFF THE BACK 5286 03:00:49,905 --> 03:00:51,540 I'LL GET TO HOW AN 5287 03:00:51,540 --> 03:00:51,874 APPROPRIATION 5288 03:00:51,874 --> 03:00:53,642 BILL IS IN TOTAL OF DECREASING 5289 03:00:53,642 --> 03:00:54,810 THE CITY BUDGET AND THAT'S 5290 03:00:54,810 --> 03:00:56,779 BECAUSE THE CITY UTILITIES WHEN 5291 03:00:56,779 --> 03:00:56,979 THEY 5292 03:00:56,979 --> 03:00:58,447 DO THEIR CAPITAL PROJECTS IN 5293 03:00:58,447 --> 03:01:04,320 THE BUDGET PROCESS THEY -- THEY 5294 03:01:04,320 --> 03:01:05,854 DO THEIR FULL ALLOCATION IN 5295 03:01:05,854 --> 03:01:09,792 THE BUDGET PROCESS INCLUDING 5296 03:01:09,792 --> 03:01:11,627 THESE THEY INTEND TO CARRY 5297 03:01:11,627 --> 03:01:12,261 FORWARD IN THE 5298 03:01:12,261 --> 03:01:13,762 NEXT YEAR. WHAT THAT DOES 5299 03:01:13,762 --> 03:01:13,996 BECAUSE 5300 03:01:13,996 --> 03:01:15,497 CAPITAL -- ALL 5301 03:01:15,497 --> 03:01:18,067 CAPITAL APPROPRIATIONS BY STATE 5302 03:01:18,067 --> 03:01:18,267 LAW 5303 03:01:18,267 --> 03:01:21,203 CARRY FORWARD, AND I DO BELIEVE 5304 03:01:21,203 --> 03:01:23,305 DIRECTOR NOBLE COVERED THIS 5305 03:01:23,305 --> 03:01:24,773 IN HIS EARLIER COMMENTS. 5306 03:01:24,773 --> 03:01:27,076 BECAUSE OF THOSE 5307 03:01:27,076 --> 03:01:28,010 APPROPRIATIONS CARRY OVER THAT 5308 03:01:28,010 --> 03:01:28,277 WOULD BE 5309 03:01:28,277 --> 03:01:28,911 A DOUBLE COUNT. 5310 03:01:28,911 --> 03:01:32,781 THIS IS A VERY CONSISTENT THING 5311 03:01:32,781 --> 03:01:34,316 WITH BEST PRACTICE AND THE 5312 03:01:34,316 --> 03:01:35,985 UTILITIES TO ACCOUNT FOR 5313 03:01:35,985 --> 03:01:37,653 THE DOUBLE COUNT ABANDON THE 5314 03:01:37,653 --> 03:01:39,388 CARRY FORWARD CAPITAL 5315 03:01:39,388 --> 03:01:39,755 APPROPRIATIONS. 5316 03:01:39,755 --> 03:01:41,824 SO BASICALLY, THAT TOTAL 5317 03:01:41,824 --> 03:01:44,460 AMOUNT OF THAT REDUCTION, SO 5318 03:01:44,460 --> 03:01:46,528 BASICALLY BACKING OUT ANY AMOUNT 5319 03:01:46,528 --> 03:01:46,762 OF THE 5320 03:01:46,762 --> 03:01:49,398 CARRY FORWARD CAPITAL IS $263 5321 03:01:49,398 --> 03:01:49,765 MILLION. 5322 03:01:49,765 --> 03:01:51,100 SO WHEN YOU ACCOUNT FOR THAT 5323 03:01:51,100 --> 03:01:54,169 VERY 5324 03:01:54,169 --> 03:01:57,806 TECHNICAL EXERCISE, YOU THEN 5325 03:01:57,806 --> 03:01:58,641 UNEARTH A $43.6 MILLION 5326 03:01:58,641 --> 03:02:02,945 TOTAL INCREASE IN THIS MID- YEAR 5327 03:02:03,078 --> 03:02:04,446 APPROACH 5328 03:02:04,446 --> 03:02:06,915 APPROPRIATION BILL AND TO BREAK 5329 03:02:06,915 --> 03:02:13,489 IT DOWN, 5330 03:02:13,489 --> 03:02:14,790 IT WOULD BE A $2.3 MILLION FUND 5331 03:02:14,790 --> 03:02:15,557 INCREASE, AND 5332 03:02:15,557 --> 03:02:18,694 AGAIN, I'LL TALK ABOUT THE 5333 03:02:18,694 --> 03:02:23,132 DETAILS, AND NEXT SLIDE AND 5334 03:02:23,132 --> 03:02:24,867 THEN A $44.3 MILLION AND I'LL 5335 03:02:24,867 --> 03:02:27,169 TALK ABOUT THE OTHER HIELS AND 5336 03:02:27,169 --> 03:02:27,436 THE 5337 03:02:27,436 --> 03:02:32,041 DISTIFRPGSZ TO THE MID- YEAR 5338 03:02:32,041 --> 03:02:36,111 BILL AND I DID A SUPPLEMENTAL 5339 03:02:36,111 --> 03:02:36,312 BILL 5340 03:02:36,312 --> 03:02:40,683 AND IT WOULD REQUIRE COUNSEL FOR 5341 03:02:40,683 --> 03:02:41,050 PACKAGE. 5342 03:02:41,183 --> 03:02:48,757 >> THE ONE THING THAT THIS BILL 5343 03:02:48,757 --> 03:02:51,727 DOES IS IT REDUCES THE DRUG 5344 03:02:51,727 --> 03:02:53,329 DIVERSION DEPARTMENT IN 5345 03:02:53,329 --> 03:02:54,363 THE MUNICIPAL COURT. 5346 03:02:54,363 --> 03:02:56,432 THERE'S FUNDING INCLUDED 5347 03:02:56,432 --> 03:02:57,866 FOR PARTIAL YEAR FUNDING SINCE 5348 03:02:57,866 --> 03:02:58,033 WE 5349 03:02:58,033 --> 03:02:59,702 ARE HALF WAY THROUGH THE 5350 03:02:59,702 --> 03:03:01,437 YEAR WITH THE MUNICIPAL COURT 5351 03:03:01,437 --> 03:03:01,770 AND 5352 03:03:01,770 --> 03:03:02,971 TWO FT POSITIONS IN LAW. 5353 03:03:02,971 --> 03:03:04,840 THIS IS ENVISIONED AS AN 5354 03:03:04,840 --> 03:03:05,975 ONGOING PROGRAM AND THE AMOUNT 5355 03:03:05,975 --> 03:03:08,544 THAT'S INCLUDED IN THE BILL IS 5356 03:03:08,544 --> 03:03:08,777 HAPPIER 5357 03:03:08,777 --> 03:03:14,416 FUNDING AND POSITION 5358 03:03:14,416 --> 03:03:16,385 AUTHORITY, BUT AGAIN, THIS IS A 5359 03:03:16,385 --> 03:03:17,219 TRANSFER OF 5360 03:03:17,219 --> 03:03:20,823 MONEYS AND AN ORIGINAL USE AND 5361 03:03:20,956 --> 03:03:22,324 INSTEAD REBURDEN OF PROOFING 5362 03:03:22,324 --> 03:03:23,892 THEM FOR THE DRUG DIVERSION 5363 03:03:24,026 --> 03:03:25,661 PROGRAM. NEXT IS THE 5364 03:03:25,661 --> 03:03:28,230 IMPLEMENTATION OF THE SOCIAL 5365 03:03:28,230 --> 03:03:28,931 HOUSING ATTACKS 5366 03:03:28,931 --> 03:03:30,599 IN 2024. 5367 03:03:30,599 --> 03:03:32,267 THIS ADS $74,000 TO 5368 03:03:32,267 --> 03:03:34,236 CITY FINANCES TAX ADMINISTRATIVE 5369 03:03:34,236 --> 03:03:36,038 FUNCTION, BUT THIS IS 5370 03:03:36,038 --> 03:03:37,506 ENTIRELY FUNDED FROM 5371 03:03:37,506 --> 03:03:38,640 PROCEEDS RECEIVED FROM THAT TAX 5372 03:03:38,640 --> 03:03:40,142 AND IT IS AN 5373 03:03:40,142 --> 03:03:42,511 ONGOING -- AN ONGOING ADD GIVEN 5374 03:03:42,511 --> 03:03:47,850 THE ONGOING NATURE OF THE TAX. 5375 03:03:47,850 --> 03:03:48,817 NEXT IS A $298,000 INCREASE TO 5376 03:03:48,817 --> 03:03:50,085 THE CITY ATTORNEY'S OFFICE 5377 03:03:50,085 --> 03:03:53,589 AND TO F.T. POSITIONS TO 5378 03:03:53,589 --> 03:03:53,856 BASICALLY 5379 03:03:53,856 --> 03:03:56,024 AUGMENT THE -- THE 5380 03:03:56,024 --> 03:03:57,159 RESOURCES AVAILABLE TO RESPOND 5381 03:03:57,159 --> 03:03:57,459 TO ACTIONS 5382 03:03:57,459 --> 03:04:01,797 TAKEN AT THE FEDERAL LEVEL 5383 03:04:01,797 --> 03:04:04,400 AND THIS IS 5384 03:04:04,400 --> 03:04:05,033 ALSO PART-YEAR FUNDING AND THE 5385 03:04:05,033 --> 03:04:05,367 VISION TO BE 5386 03:04:05,367 --> 03:04:12,341 ONGOING AFTER THIS YEAR. 5387 03:04:12,341 --> 03:04:15,677 AND THEN FINALLY, I'VE TALKED 5388 03:04:15,677 --> 03:04:16,245 TO 5389 03:04:16,245 --> 03:04:17,046 ADDITIONS AND THAT WAS 5390 03:04:17,046 --> 03:04:18,213 $3.3 MILLION REDUCTION TO 5391 03:04:18,213 --> 03:04:20,749 THE BILL AND THE 5392 03:04:20,749 --> 03:04:21,917 ANSWER IS THERE ARE ABOUT $4 5393 03:04:21,917 --> 03:04:25,554 MILLION OF REDUCTION TO 5394 03:04:25,687 --> 03:04:26,955 GRANTS ACROSS CITY 5395 03:04:26,955 --> 03:04:27,890 DEPARTMENTS TO THE ACTUAL 5396 03:04:27,890 --> 03:04:28,290 AMOUNTS THAT 5397 03:04:28,290 --> 03:04:29,358 THEY EXPECT TO RECEIVE WITH 5398 03:04:29,358 --> 03:04:30,459 THE AMOUNTS THAT THEY'VE 5399 03:04:30,459 --> 03:04:31,560 BEEN BUDGETED AND THAT'S 5400 03:04:31,560 --> 03:04:33,529 A HOUSEKEEPING EXERCISE AND 5401 03:04:33,529 --> 03:04:34,730 BECAUSE THESE GRANTS ARE A 5402 03:04:34,730 --> 03:04:35,898 PART OF THE BUDGET THEY NEED 5403 03:04:35,898 --> 03:04:37,633 TO ACTUALLY MAKE THE FORMAL 5404 03:04:37,633 --> 03:04:38,767 REQUEST TO REDUCE 5405 03:04:38,767 --> 03:04:39,368 THESE AMOUNTS AND CLEAR THOSE 5406 03:04:39,368 --> 03:04:45,507 GRANTS OUT. 5407 03:04:45,507 --> 03:04:49,445 PAYROLL EXPENSE TAX HIGHLIGHT 5408 03:04:49,445 --> 03:04:50,379 AND IT'S A $1.5 MILLION 5409 03:04:50,379 --> 03:04:51,313 TOTAL INCREASE AND THE FIRST 5410 03:04:51,313 --> 03:04:51,613 CHANGE 5411 03:04:51,613 --> 03:04:54,283 THAT I WANTED TO POINT OUT IS 5412 03:04:54,283 --> 03:04:57,252 ACTUALLY A TRANSFER AND 5413 03:04:57,252 --> 03:04:58,520 IT'S TAKEN INDEPENDENTLY. 5414 03:04:58,520 --> 03:05:01,723 IT'S A REVENUE NEUTRAL, 5415 03:05:01,723 --> 03:05:04,226 BUDGET NEUTRAL CHANGE THAT 5416 03:05:04,226 --> 03:05:04,560 SHIFTS 5417 03:05:04,560 --> 03:05:06,061 $1.2 MILLION FROM THE OFFICE OF 5418 03:05:06,061 --> 03:05:07,863 HOUSING AND MULTI- FAMILY 5419 03:05:07,863 --> 03:05:08,096 HOUSING 5420 03:05:08,096 --> 03:05:09,465 PROGRAM TO THE HUMAN 5421 03:05:09,465 --> 03:05:12,000 SERVICES DEPARTMENTS SUPPORTING 5422 03:05:12,000 --> 03:05:13,402 SAFE COMMUNITIES PROGRAM, AND 5423 03:05:13,402 --> 03:05:15,971 THE PURPOSE OF THAT SHIFT IS TO 5424 03:05:15,971 --> 03:05:20,409 FUND 5425 03:05:20,409 --> 03:05:23,378 HOMELESSNESS, LTER RENTAL 5426 03:05:23,512 --> 03:05:27,549 COSTS. NEXT IT'S AN INESTO HSD 5427 03:05:27,549 --> 03:05:29,151 THAT WOULD FUND STREET 5428 03:05:29,151 --> 03:05:30,919 LEVEL ACTIVATION RELATED TO 5429 03:05:30,919 --> 03:05:34,389 THE STABILITY THROUGH ACCESS OF 5430 03:05:34,389 --> 03:05:38,160 RESOURCES CENTER. 5431 03:05:38,160 --> 03:05:38,994 NEXT IS THE $527,000 INCREASE 5432 03:05:38,994 --> 03:05:42,498 THAT'S A TECHNICAL 5433 03:05:42,498 --> 03:05:43,932 CORRECTION IN THE SENSE THAT 5434 03:05:43,932 --> 03:05:44,633 ALIGNS 5435 03:05:44,633 --> 03:05:47,169 PAYROLL EXPENSE TAXES TO THE 5436 03:05:47,169 --> 03:05:47,436 PROPOSAL 5437 03:05:47,436 --> 03:05:48,537 IN THE 2025 BUDGET. 5438 03:05:48,537 --> 03:05:52,875 THOSE RENTAL ASSISTANCE ADDS AND 5439 03:05:52,875 --> 03:05:55,043 THE $527,000 WAS INCLUDED IN 5440 03:05:55,043 --> 03:05:56,979 THE BUDGET FROM THE HUMAN 5441 03:05:56,979 --> 03:05:58,313 SERVICES FUND THAT WAS AN ERROR 5442 03:05:58,313 --> 03:06:00,082 AND IT WAS INTENDED TO BE FUNDED 5443 03:06:00,082 --> 03:06:00,382 IN 5444 03:06:00,382 --> 03:06:02,284 THE TAX FUND AND THIS CORRECTS 5445 03:06:02,284 --> 03:06:02,484 THAT 5446 03:06:02,484 --> 03:06:05,821 TO ALIGN WITH THE COUNCIL'S 5447 03:06:05,821 --> 03:06:06,255 INTENT. 5448 03:06:06,255 --> 03:06:08,657 NOW I'LL TURN TO THE OTHER FUND 5449 03:06:08,657 --> 03:06:09,791 HIGHLIGHTS AND I'LL JUST 5450 03:06:09,791 --> 03:06:12,494 SAY THAT THERE ARE QUITE A FEW 5451 03:06:12,494 --> 03:06:12,694 ITEMS 5452 03:06:12,694 --> 03:06:14,029 IN THIS BILL. 5453 03:06:14,029 --> 03:06:15,831 MOST OF THEM ARE MUCH 5454 03:06:15,831 --> 03:06:16,999 SMALLER THAN WHAT WE ARE 5455 03:06:16,999 --> 03:06:18,534 DISCUSSING TODAY AND AFTER 5456 03:06:18,534 --> 03:06:20,602 THIS PRESENTATION IF THERE ARE 5457 03:06:20,602 --> 03:06:21,803 FOLLOW-UPS FOR ANY OF 5458 03:06:21,803 --> 03:06:23,338 THE DETAILED ITEMS 5459 03:06:23,338 --> 03:06:25,274 PLEASE LET US KNOW AND LOOKING 5460 03:06:25,274 --> 03:06:26,408 AT THESE 5461 03:06:26,408 --> 03:06:31,180 HIGH-LEVEL CHANGES, THERE'S AN 5462 03:06:31,180 --> 03:06:35,717 REAL ESTATE EXCISE TAX REIT ONE 5463 03:06:35,717 --> 03:06:39,388 REDUX OF $7 MILLION IN 2025 5464 03:06:39,388 --> 03:06:40,822 AND THAT'S TO THE SEATTLE 5465 03:06:40,822 --> 03:06:42,157 POLICE FACILITIES PROJECT, BUT 5466 03:06:42,157 --> 03:06:42,357 THE 5467 03:06:42,357 --> 03:06:44,293 MONEY, IN FACT, IT'S 5468 03:06:44,293 --> 03:06:46,228 BEING SPREAD FOR FUTURE YEARS IN 5469 03:06:46,228 --> 03:06:47,663 THE CAPITAL IMPROVEMENTS 5470 03:06:47,663 --> 03:06:47,930 PROGRAM. 5471 03:06:47,930 --> 03:06:51,400 IT'S NOT AS A TOTAL REDUCTION 5472 03:06:51,400 --> 03:06:51,567 OF 5473 03:06:51,567 --> 03:06:53,402 RESOURCE JUST A REDUCTION IN 5474 03:06:53,402 --> 03:06:59,708 THE 2025 USE OF THAT RESOURCE. 5475 03:06:59,708 --> 03:07:01,043 NEXT IS A $12 MILLION ADD 5476 03:07:01,043 --> 03:07:03,312 TO REDUCE THE SEWER AT THE 5477 03:07:03,312 --> 03:07:04,546 MEMORIAL STADIUM BECAUSE OF THE 5478 03:07:04,546 --> 03:07:04,746 WAY 5479 03:07:04,746 --> 03:07:06,415 WE MANAGE OUR MONEY 5480 03:07:06,415 --> 03:07:07,783 AND PARTICULARLY WITH REGARD TO 5481 03:07:07,783 --> 03:07:09,084 THE UTILITIES WHERE WE HAVE TO 5482 03:07:09,084 --> 03:07:11,153 BE VERY PRECISE ABOUT ALIGNING 5483 03:07:11,153 --> 03:07:15,657 RATE CHARGES WITH THE USES 5484 03:07:15,657 --> 03:07:15,924 FOR 5485 03:07:15,924 --> 03:07:17,593 CUSTOMERS. THE $12 MILLION IS 5486 03:07:17,593 --> 03:07:17,960 ALSO BUDGETED 5487 03:07:17,960 --> 03:07:21,229 IN THE DRAINAGE OF THE 5488 03:07:21,229 --> 03:07:22,331 WASTE WATER FUND AND THE SEATTLE 5489 03:07:22,331 --> 03:07:24,666 CENTER SPENDS THE $12 5490 03:07:24,666 --> 03:07:28,537 MILLION AND SENDS IT TO THE 5491 03:07:28,537 --> 03:07:29,638 UTILITY WHERE THE UTILITY DOES 5492 03:07:29,638 --> 03:07:29,838 THE 5493 03:07:29,838 --> 03:07:32,374 WORK AND THAT'S A BIT OF A 5494 03:07:32,374 --> 03:07:32,641 DOUBLE 5495 03:07:32,641 --> 03:07:34,643 COUNT. FINALLY, WITH THE PARKS 5496 03:07:34,643 --> 03:07:34,810 AND 5497 03:07:34,810 --> 03:07:38,313 RECREATION FUND, THERE IS A 5498 03:07:38,313 --> 03:07:39,781 $1.7 MILLION INCREASE FOR 5499 03:07:39,781 --> 03:07:42,417 THE CITY GOLF COURSES AND A 5500 03:07:42,417 --> 03:07:44,753 $2.6 MILLION INCREASE FOR 5501 03:07:44,753 --> 03:07:46,888 THE COMMUNITY CENTER 5502 03:07:46,888 --> 03:07:47,990 REHABILITATION AND DEVELOPMENT 5503 03:07:47,990 --> 03:07:49,791 PROJECT AND THIS 5504 03:07:49,791 --> 03:07:51,426 FUNDED FROM INSURANCE 5505 03:07:51,426 --> 03:07:52,995 SETTLEMENT PROCEED ATTRIBUTABLE 5506 03:07:52,995 --> 03:07:53,161 TO 5507 03:07:53,161 --> 03:07:57,265 THE ARSON AT THE CAMP LONG 5508 03:07:57,265 --> 03:07:57,499 LODGE. 5509 03:07:57,499 --> 03:08:00,669 FINAL SLIDE ON THE -- ON 5510 03:08:00,669 --> 03:08:02,704 THE APPROPRIATION CHANGES AND 5511 03:08:02,704 --> 03:08:04,940 THE TRANSPORTATION FUND, THERE 5512 03:08:04,940 --> 03:08:05,140 IS A 5513 03:08:05,140 --> 03:08:06,608 $3.3 MILLION INCREASE 5514 03:08:06,608 --> 03:08:08,443 FOR DOWNTOWN STREET CLEANING 5515 03:08:08,443 --> 03:08:11,580 AND GRAFFITI ABATEMENT AND THE 5516 03:08:11,580 --> 03:08:11,747 $2. 5517 03:08:11,747 --> 03:08:13,281 4 INCREASE OF THE THOMAS STREET 5518 03:08:13,281 --> 03:08:14,716 REDESIGNED PROJECT AND 5519 03:08:14,716 --> 03:08:16,652 THAT'S FUNDED WITH THE 5520 03:08:16,652 --> 03:08:16,918 DEVELOPER 5521 03:08:16,918 --> 03:08:19,421 STREET VACATION PROCEEDS AND THE 5522 03:08:19,421 --> 03:08:19,855 MOVE 5523 03:08:19,855 --> 03:08:23,191 SEATTLE LEVITY FUND HAS A 5524 03:08:23,191 --> 03:08:24,660 FAIRLY LARGE CHANGE THAT'S 5525 03:08:24,660 --> 03:08:24,960 ESSENTIALLY 5526 03:08:24,960 --> 03:08:27,496 A TRANSFER OF $8.3 MILLION 5527 03:08:27,496 --> 03:08:30,065 OF VARIOUS PROJECTS TO THE 5528 03:08:30,065 --> 03:08:30,299 MADISON 5529 03:08:30,299 --> 03:08:33,035 BUS TRANSIT PROJECT AND ALSO 5530 03:08:33,035 --> 03:08:34,736 ADDS $3 MILLION IN TOTAL FOR 5531 03:08:34,736 --> 03:08:35,804 THE PROJECT FOR 5532 03:08:35,804 --> 03:08:36,672 INTEREST EARNINGS AND THOSE 5533 03:08:36,672 --> 03:08:37,973 CHANGES ARE 5534 03:08:37,973 --> 03:08:38,940 NECESSARY TO CLOSE OUT. 5535 03:08:38,940 --> 03:08:40,342 THE PROJECTS HAVE 5536 03:08:40,342 --> 03:08:41,476 BEEN FINISHED AND HOWEVER, THERE 5537 03:08:41,476 --> 03:08:42,678 WERE 5538 03:08:42,678 --> 03:08:44,646 COST INCREASES ABOVE WHAT 5539 03:08:44,646 --> 03:08:45,914 WAS ORIGINALLY BUDGETED AND 5540 03:08:45,914 --> 03:08:48,216 IN ORDER TO CLOSE IT OUT THEY 5541 03:08:48,216 --> 03:08:48,650 NEED TO PUT 5542 03:08:48,650 --> 03:08:49,317 THESE FUNDS 5543 03:08:49,317 --> 03:08:53,388 IN ORDER TO FILL THOSE GAPS. 5544 03:08:53,522 --> 03:08:55,123 >> SO I DID MENTION 5545 03:08:55,123 --> 03:08:57,259 THAT THERE ARE A TOTAL OF 11 NEW 5546 03:08:57,259 --> 03:08:57,526 POSITIONS 5547 03:08:57,526 --> 03:08:59,494 ADDED IN THE BILL ON THIS 5548 03:08:59,494 --> 03:09:00,929 TABLE SUMMARIZES THOSE POSITIONS 5549 03:09:00,929 --> 03:09:03,465 AND I'VE TALKED ABOUT SOME OF 5550 03:09:03,465 --> 03:09:03,765 THESE 5551 03:09:03,765 --> 03:09:04,733 WITH REGARDS TO 5552 03:09:04,733 --> 03:09:06,802 THE APPROPRIATIONS THAT 5553 03:09:06,802 --> 03:09:09,104 WERE INCREASED TO 5554 03:09:09,104 --> 03:09:11,907 SUPPORT THEM. IN F.A.S. , FINE 5555 03:09:11,907 --> 03:09:12,274 ADMINISTRATIVE 5556 03:09:12,274 --> 03:09:14,443 SERVICES, THEY ADMINISTER THE 5557 03:09:14,443 --> 03:09:15,077 SOCIAL 5558 03:09:15,077 --> 03:09:16,445 HOUSING TAX. THE ARTS AND 5559 03:09:16,445 --> 03:09:17,345 CULTURE HAS A NEW 5560 03:09:17,345 --> 03:09:19,881 POSITION ADDED 5561 03:09:19,881 --> 03:09:20,515 TO ADMINISTRATIVE SUPPORT TO THE 5562 03:09:20,515 --> 03:09:20,782 LAW TEAM. 5563 03:09:20,782 --> 03:09:23,251 THE LAW DEPARTMENT HAS 5564 03:09:23,251 --> 03:09:25,587 FOUR POSITIONS INCLUDING THE 5565 03:09:25,587 --> 03:09:27,022 DRUG DIVERSION PROGRAM AND 5566 03:09:27,022 --> 03:09:29,491 FEDERAL 5567 03:09:29,491 --> 03:09:30,659 RESPONSE NEEDS. SEATTLE 5568 03:09:30,659 --> 03:09:32,094 MUNICIPAL COURT HAS THE 5569 03:09:32,094 --> 03:09:35,597 DRUG DWERGDZ PROGRAM AND THESE 5570 03:09:35,597 --> 03:09:38,433 ARE THE NINE IN THE MID- 5571 03:09:38,433 --> 03:09:39,801 YEAR GRANT ACCEPTANCE AND THAT 5572 03:09:39,801 --> 03:09:40,001 WOULD 5573 03:09:40,001 --> 03:09:44,005 BE THE WASHINGTON CARES GRANT 5574 03:09:44,005 --> 03:09:44,439 FUNDS. 5575 03:09:44,439 --> 03:09:45,841 THERE ARE TWO POSITIONS ADDED 5576 03:09:45,841 --> 03:09:47,542 IN SEATTLE CENTER FOR 5577 03:09:47,542 --> 03:09:48,744 WATERFRONT LANDSCAPING AND THOSE 5578 03:09:48,744 --> 03:09:50,178 ARE POSITIONS THAT ARE 5579 03:09:50,178 --> 03:09:53,181 ONGOING. HOWEVER, THEY ARE 5580 03:09:53,181 --> 03:09:53,482 THREE-YEAR 5581 03:09:53,482 --> 03:09:55,484 TERM LIMITED AND THEY'RE 5582 03:09:55,484 --> 03:09:57,719 ONGOING FOR A LIMITED TIME. 5583 03:09:57,719 --> 03:09:58,787 THE SEATTLE 5584 03:09:58,787 --> 03:09:59,855 INFORMATION TECHNOLOGY ARE 5585 03:09:59,855 --> 03:10:01,256 SWAPPING FOR 5586 03:10:01,256 --> 03:10:04,126 TECH POSITIONS FROM THE SEATTLE 5587 03:10:04,126 --> 03:10:04,559 I.T. 5588 03:10:04,559 --> 03:10:06,161 INTO CITY LIGHT ITSELF AND THEN 5589 03:10:06,161 --> 03:10:08,397 FINALLY, THERE ARE 5590 03:10:08,397 --> 03:10:09,431 SUNSET POSITIONS IN SEATTLE 5591 03:10:09,431 --> 03:10:11,466 DEPARTMENT OF CONSTRUCTIONS AND 5592 03:10:11,466 --> 03:10:14,569 INSPECTIONS THAT WERE EXTENDED 5593 03:10:14,569 --> 03:10:14,970 FOR 5594 03:10:14,970 --> 03:10:16,471 SIX MONTHS IN THE BUDGET, 5595 03:10:16,471 --> 03:10:20,275 HOWEVER, FOR THE YEAR IN TOTAL, 5596 03:10:20,275 --> 03:10:20,609 ASK 5597 03:10:20,609 --> 03:10:22,411 ND THEY HAVE THE STAFFING ROSTER 5598 03:10:22,411 --> 03:10:22,611 IN 5599 03:10:22,611 --> 03:10:24,713 THE CITY AND THAT'S AN 11- 5600 03:10:24,713 --> 03:10:25,414 CITY REDUCTION AND THAT'S 11 5601 03:10:25,414 --> 03:10:29,851 POSITIONS. 5602 03:10:29,851 --> 03:10:32,754 THERE ARE A FEW OTHERS 5603 03:10:32,754 --> 03:10:35,090 EMBEDDED IN THE BILL 5604 03:10:35,090 --> 03:10:35,791 INCLUDING THE PROJECTS IN THE 5605 03:10:35,791 --> 03:10:36,591 TRANSPORTATION PROGRAM AND THIS 5606 03:10:36,591 --> 03:10:37,192 IS A 5607 03:10:37,192 --> 03:10:40,228 BETTER BIKE BARRIER PROJECT AND 5608 03:10:40,228 --> 03:10:42,030 THE GRANT STREET ACCESS AND 5609 03:10:42,030 --> 03:10:45,400 COMPLETE STREET 5610 03:10:45,400 --> 03:10:47,936 PROJECT. FINALLY, THERE IS A 5611 03:10:47,936 --> 03:10:58,046 PROVIDER LIST THAT WOULD LIFT 5612 03:10:58,046 --> 03:10:59,481 THE 5613 03:10:59,481 --> 03:11:00,515 PROVISO AND THE TRANSPORTATION 5614 03:11:00,515 --> 03:11:02,818 DISTRICT FUND IS NOT AN 5615 03:11:02,818 --> 03:11:03,218 APPROPRIATE PLACE 5616 03:11:03,218 --> 03:11:05,420 FOR THIS, THIS PURPOSE AND THE 5617 03:11:05,420 --> 03:11:07,055 WATERFRONT SHUTTLE AND ACTUALLY 5618 03:11:07,055 --> 03:11:08,023 WITHIN THE 5619 03:11:08,023 --> 03:11:10,459 SUPPLEMENTAL, THERE IS A SHIFT 5620 03:11:10,459 --> 03:11:11,393 OF $500,000 FROM 5621 03:11:11,393 --> 03:11:14,529 THE PAYROLL EXPENSE TAX TOTO 5622 03:11:14,529 --> 03:11:17,065 USE TO ALIGN THOSE FUNDS WITH 5623 03:11:17,065 --> 03:11:17,399 THE 5624 03:11:17,399 --> 03:11:19,835 FUNDING THE SHUTTLE INSTEAD 5625 03:11:19,835 --> 03:11:21,803 OF USING THE TRANSPORTATION 5626 03:11:21,803 --> 03:11:23,171 BENEFIT DISTRICT FUNDS FOR THAT 5627 03:11:23,171 --> 03:11:25,740 PURPOSE AND THOSE COSTS WOULD BE 5628 03:11:25,740 --> 03:11:25,941 FOUND 5629 03:11:25,941 --> 03:11:27,509 AT THE OFFICE OF ECONOMIC 5630 03:11:27,509 --> 03:11:28,777 DEVELOPMENT, AND I'LL JUST WRAP 5631 03:11:28,777 --> 03:11:30,645 UP WITH A COUPLE 5632 03:11:30,645 --> 03:11:32,380 OF CONSIDERATIONS IN REVIEW OF 5633 03:11:32,380 --> 03:11:32,581 THIS 5634 03:11:32,581 --> 03:11:34,749 BILL. ONE, GIVEN THAT WE HAVE 5635 03:11:34,749 --> 03:11:35,383 TALKED A 5636 03:11:35,383 --> 03:11:37,052 GREAT DEAL ABOUT A 5637 03:11:37,052 --> 03:11:38,186 BUDGET CHALLENGE AND THE GENERAL 5638 03:11:38,186 --> 03:11:40,455 FUND AND THE PAYROLL EXPENSE 5639 03:11:40,455 --> 03:11:41,122 TAX FUND. 5640 03:11:41,122 --> 03:11:42,557 THIS BILL DOES ADD IN 5641 03:11:42,557 --> 03:11:45,260 THE SUPPLEMENTAL PROCESS 5642 03:11:45,260 --> 03:11:48,330 ONGOING NEW POSITIONS THIS WOULD 5643 03:11:48,330 --> 03:11:50,165 BE CONSIDERED TECHNICAL 5644 03:11:50,165 --> 03:11:51,399 ADDITIONS IN THE BUDGET 5645 03:11:51,399 --> 03:11:52,467 PRESENTATION IN THE FALL, SO 5646 03:11:52,467 --> 03:11:55,570 I WANTED TO HIGHLIGHT THAT, AND 5647 03:11:55,570 --> 03:11:56,204 THEN NEXT, 5648 03:11:56,204 --> 03:11:59,307 AGAIN, GIVEN THE 5649 03:11:59,307 --> 03:12:01,343 ONGOING CHALLENGES THAT WE HAVE 5650 03:12:01,343 --> 03:12:01,810 WITH 5651 03:12:01,810 --> 03:12:04,913 THE PAYROLL EXPENSE TAXTAX 5652 03:12:04,913 --> 03:12:08,583 THEY WOULD HAVE TAX 5653 03:12:08,583 --> 03:12:10,085 APPROPRIATIONS 5654 03:12:10,085 --> 03:12:10,418 BY 5655 03:12:10,418 --> 03:12:11,586 $1.5 MILLION. FINALLY, SO WE'LL 5656 03:12:11,586 --> 03:12:11,953 TALK ABOUT THE 5657 03:12:11,953 --> 03:12:13,255 NEXT STEPS IN THE BUDGET 5658 03:12:13,255 --> 03:12:17,392 PROCESS AND THERE IS A JULY 5659 03:12:17,392 --> 03:12:20,462 30th SELECT BUDGET COMMITTEE TWO 5660 03:12:20,462 --> 03:12:20,662 WEEKS 5661 03:12:20,662 --> 03:12:22,898 FROM NOW WHICH WE'LL HEAR 5662 03:12:22,898 --> 03:12:23,798 THE POSSIBLE TWO 5663 03:12:23,798 --> 03:12:25,567 BILLS AND CONSISTENT WITH THE 5664 03:12:25,567 --> 03:12:26,768 TIMELINE FOR THE TAX PROPOSAL. 5665 03:12:26,768 --> 03:12:28,436 WE WOULD ASK THAT WE WOULD 5666 03:12:28,436 --> 03:12:30,872 BE MADE AWARE OF ANY CONCEPTS SO 5667 03:12:30,872 --> 03:12:33,575 THAT WE CAN HELP YOU 5668 03:12:33,575 --> 03:12:36,745 DEVELOP THEM BY JULY 22 nd. 5669 03:12:36,745 --> 03:12:39,080 THE FINAL ACTION OF THE BILL 5670 03:12:39,080 --> 03:12:42,918 IS SCHEDULED FOR AUGUST 8t h, 5671 03:12:42,918 --> 03:12:44,920 BOTH BILLS AND WE'LL GET THE 5672 03:12:44,920 --> 03:12:46,254 MAYOR'S BUDGET IN LATE 5673 03:12:46,254 --> 03:12:46,555 SEPTEMBER. 5674 03:12:46,688 --> 03:12:49,658 >> THANK 5675 03:12:49,658 --> 03:12:51,660 YOU, TOM. VERY COM PREHNSIVE AND 5676 03:12:51,660 --> 03:12:53,962 WE'LL END HERE AND STICK ON THE 5677 03:12:53,962 --> 03:12:54,629 NEXT STEPS. 5678 03:12:54,629 --> 03:12:55,764 COLLEAGUE, WITH ONE 5679 03:12:55,764 --> 03:12:57,465 MINUTE REMAINING BEFORE -- IF WE 5680 03:12:57,465 --> 03:13:00,635 DO HAVE QUESTIONS I WILL ALSO 5681 03:13:00,635 --> 03:13:02,037 OFFER EVERYONE THAT HAS 5682 03:13:02,037 --> 03:13:02,304 PRESENTED 5683 03:13:02,304 --> 03:13:03,471 TODAY, WE HAVE THE 5684 03:13:03,471 --> 03:13:05,006 GREATEST ACCESS TO TOM AS HE IS 5685 03:13:05,006 --> 03:13:05,206 ON 5686 03:13:05,206 --> 03:13:08,610 OUR CENTRAL STAFF, AND SO 5687 03:13:08,610 --> 03:13:10,145 HE'S AVAILABLE TO US IF WE 5688 03:13:10,145 --> 03:13:10,478 DON'T HAVE 5689 03:13:10,478 --> 03:13:13,548 TIME FOR ALL OF THE QUESTIONS. 5690 03:13:13,548 --> 03:13:17,052 I DO SEE COUNCIL MEMBER 5691 03:13:17,052 --> 03:13:21,890 KETTLE'S HAND AND COUNCILMEMBER 5692 03:13:21,890 --> 03:13:23,091 RIVERA, 5693 03:13:23,091 --> 03:13:23,592 DO YOU HAVE A HAND? 5694 03:13:23,592 --> 03:13:24,125 COUNCILMEMBER KETTLE. 5695 03:13:24,259 --> 03:13:27,896 >> LOOKING AT THE LONG LIST OF 5696 03:13:27,896 --> 03:13:30,565 PIECES, I WANT TO KNOW FROM MY 5697 03:13:30,565 --> 03:13:32,801 COLLEAGUES THAT I'VE 5698 03:13:32,801 --> 03:13:34,869 BEEN INVOLVED WITH THE 5699 03:13:34,869 --> 03:13:35,904 DRUG ALTERNATIVE. 5700 03:13:35,904 --> 03:13:37,772 AND THE PROGRAM IS 5701 03:13:37,772 --> 03:13:38,907 DRUG PROSECUTION ALTERNATIVE 5702 03:13:38,907 --> 03:13:40,408 AND THAT'S BEEN COORDINATED AND 5703 03:13:40,408 --> 03:13:41,309 ALSO THE STAR CENTER. 5704 03:13:41,309 --> 03:13:44,212 I JUST WANTED TO KNOW THAT WE 5705 03:13:44,212 --> 03:13:46,414 ENGAGE ON THIS, TOO. 5706 03:13:46,414 --> 03:13:48,350 IT'S A HUMAN SERVICES 5707 03:13:48,350 --> 03:13:50,251 PROJECT, AND IT ALSO HAS A 5708 03:13:50,251 --> 03:13:50,585 PUBLIC 5709 03:13:50,585 --> 03:13:53,121 SAFETY PIECE AND IT'S BEEN LOW 5710 03:13:53,121 --> 03:13:53,722 LO KATED 5711 03:13:53,722 --> 03:14:00,929 BETWEEN D7 AND D1 ASH ACROSS THE 5712 03:14:00,929 --> 03:14:01,997 PIT TO MY RIGHT 5713 03:14:01,997 --> 03:14:04,099 AND THANK YOU FOR HIGHLIGHTING 5714 03:14:04,099 --> 03:14:04,566 THE STADIUM. 5715 03:14:04,566 --> 03:14:05,667 A VERY IMPORTANT PROJECTION, 5716 03:14:05,667 --> 03:14:06,835 AND TO MAKE 5717 03:14:06,835 --> 03:14:08,570 IT WORK. I APPRECIATE THE 5718 03:14:08,570 --> 03:14:09,437 EFFORTS THAT ARE EXHIBITED HERE 5719 03:14:09,437 --> 03:14:10,005 IN 5720 03:14:10,005 --> 03:14:11,740 THIS BRIEFING TO MAKE SURE THAT 5721 03:14:11,740 --> 03:14:13,241 THEY HAPPEN SO THANK YOU. 5722 03:14:13,375 --> 03:14:14,876 >> 5723 03:14:14,876 --> 03:14:16,578 COUNCILMEMBER KETTLE? 5724 03:14:16,578 --> 03:14:17,612 ANY RESPONSES? NOT NEEDED? 5725 03:14:17,612 --> 03:14:19,414 THE TAKEAWAY FROM TODAY, IF 5726 03:14:19,414 --> 03:14:20,515 THERE'S ONLY ONE THING THAT 5727 03:14:20,515 --> 03:14:22,350 YOU HAVE LEARNED TODAY IS 5728 03:14:22,350 --> 03:14:24,552 THAT AMENDMENTS FOR BOTH BNO 5729 03:14:24,552 --> 03:14:27,355 AND SUPPLEMENTAL ARE DUE ON JULY 5730 03:14:27,355 --> 03:14:29,991 22nd BY NOON. 5731 03:14:29,991 --> 03:14:32,694 WE ARE NOW WITH 12:45 WITH 5732 03:14:32,694 --> 03:14:34,262 15 MINUTES RESERVED FOR THE 5733 03:14:34,262 --> 03:14:34,462 FINAL 5734 03:14:34,462 --> 03:14:36,131 TWO ITEMS, COUNCIL PRESIDENT, I 5735 03:14:36,131 --> 03:14:39,167 SEE YOU HAVE A HAND, BUT WE 5736 03:14:39,167 --> 03:14:41,636 CALL LAST CALL. 5737 03:14:41,636 --> 03:14:44,305 IS IT OKAY TO CONTINUE MOVING 5738 03:14:44,439 --> 03:14:46,608 FORWARD? HARD TO TELL WITH YOUR 5739 03:14:46,608 --> 03:14:46,841 CAMERA 5740 03:14:46,841 --> 03:14:47,108 ON. 5741 03:14:47,108 --> 03:14:47,909 >> THAT'S FINE. 5742 03:14:48,043 --> 03:14:49,511 >> THANK YOU. 5743 03:14:49,511 --> 03:14:57,619 WOULD THE CLERK READ ITEM NUMBER 5744 03:14:57,619 --> 03:15:02,557 5 INTO THE TITLE -- ITEM 5745 03:15:02,557 --> 03:15:03,191 NUMBER 4. 5746 03:15:03,191 --> 03:15:06,027 CB 12 BETWEEN 32 AMENDING 5747 03:15:06,027 --> 03:15:08,730 ORDINANCE 127156 WHICH 5748 03:15:08,730 --> 03:15:10,231 ADOPTED THE 2025 BUDGET 5749 03:15:10,231 --> 03:15:11,866 INCLUDING THE 5750 03:15:11,866 --> 03:15:14,302 2025- 2030 CAPITAL IMPROVEMENT 5751 03:15:14,302 --> 03:15:16,037 PROGRAM, CHANGING 5752 03:15:16,037 --> 03:15:17,772 APPROPRIATIONS TO VARIOUS 5753 03:15:17,772 --> 03:15:18,139 DEPARTMENTS 5754 03:15:18,139 --> 03:15:21,309 AND BUDGET CONTROL LEVELSLEVELS 5755 03:15:21,443 --> 03:15:22,510 FROM VARIOUS FUNDS IN THE 5756 03:15:22,510 --> 03:15:22,744 BUDGET. 5757 03:15:22,877 --> 03:15:32,787 >> WE ARE JOINED BY TRACE I 5758 03:15:32,787 --> 03:15:35,623 RATZLIFF AND WE WILL START WITH 5759 03:15:35,757 --> 03:15:42,497 OLE, OLE, OLE, PLAYOFFS START 5760 03:15:42,497 --> 03:15:42,864 TOMORROW. 5761 03:15:42,864 --> 03:15:48,303 TAKE IT AWAY FOR THE PRESSEN 5762 03:15:48,436 --> 03:15:52,841 TAGSZ. TAGZ -- PRESENTATIONS, 5763 03:15:52,841 --> 03:15:53,241 YOU 5764 03:15:53,241 --> 03:15:54,442 GET 5765 03:15:54,442 --> 03:15:55,110 EIGHT MINUTES. 5766 03:15:55,110 --> 03:15:57,879 >> I'M KYLIE ROLF FROM THE 5767 03:15:57,879 --> 03:16:01,950 MAYOR'S OFFICE AND TRACI 5768 03:16:02,083 --> 03:16:05,320 RATZLIFF COUNCIL CENTRAL STAFF. 5769 03:16:05,453 --> 03:16:05,687 >> SO -- 5770 03:16:05,820 --> 03:16:06,988 >> WE'LL BRING YOU SOME 5771 03:16:06,988 --> 03:16:08,189 TECH SUPPORT RIGHT NOW, AND IF 5772 03:16:08,189 --> 03:16:09,624 YOU WANT TO START TALKING 5773 03:16:09,624 --> 03:16:11,459 AND WE WILL JUST KEEP CLICKING. 5774 03:16:11,659 --> 03:16:12,861 >> YEP. THANK YOU, 5775 03:16:12,861 --> 03:16:13,294 COUNCILMEMBERS FOR 5776 03:16:13,294 --> 03:16:16,397 THE OPPORTUNITY TO BRIEF YOU ON 5777 03:16:16,531 --> 03:16:22,070 COUNCIL BILL 5778 03:16:22,070 --> 03:16:24,606 121032 TODAY. 5779 03:16:24,606 --> 03:16:24,873 >> OOPS! 5780 03:16:25,006 --> 03:16:26,207 SORRY. I WAS LAST YEAR BEFORE 5781 03:16:26,207 --> 03:16:26,374 YOU 5782 03:16:26,374 --> 03:16:27,942 ALL WITH THE LOCAL 5783 03:16:27,942 --> 03:16:28,877 ORGANIZING COMMITTEE IN MARCH 5784 03:16:28,877 --> 03:16:29,277 WHEN WE GAVE 5785 03:16:29,277 --> 03:16:31,312 YOU AN UPDATE ON THE 5786 03:16:31,312 --> 03:16:35,683 OVERALL PLANNING EFFORTS 5787 03:16:35,683 --> 03:16:36,017 FOR THE WORLD 5788 03:16:36,017 --> 03:16:37,452 CUP NEXT YEAR. YOU KNOW THE 5789 03:16:37,452 --> 03:16:38,219 WORLD COUPLE BE 5790 03:16:38,219 --> 03:16:40,655 THE LARGEST EVER WITH MATCHES 5791 03:16:40,655 --> 03:16:43,258 ACROSS 16 CITY ACROSS THREE 5792 03:16:43,258 --> 03:16:43,892 COUNTRIES 5793 03:16:43,892 --> 03:16:45,493 TAKING PLACE BETWEEN JUNE 5794 03:16:45,493 --> 03:16:47,195 11th AND JULY 19th OVERALL. 5795 03:16:47,195 --> 03:16:56,704 THE SIX MATCHES -- HERE WE GO. 5796 03:16:56,704 --> 03:17:00,141 THE SIX MATCHES THAT SEATTLE IS 5797 03:17:00,141 --> 03:17:02,010 HOSTING IS ABOUT A FOUR- WEEK 5798 03:17:02,143 --> 03:17:03,978 PERIOD. THE TOP PRIORITIES AS A 5799 03:17:03,978 --> 03:17:04,679 CITY 5800 03:17:04,679 --> 03:17:06,781 IS CREATING A SAFE, ACCESSIBLE 5801 03:17:06,781 --> 03:17:08,149 AND ENJOYABLE EXPERIENCE FOR 5802 03:17:08,149 --> 03:17:10,051 BOTH VISITORS AND RESIDENTS, 5803 03:17:10,051 --> 03:17:12,120 AND IN ORDER TO ENSURE THAT WE 5804 03:17:12,120 --> 03:17:12,353 ACHIEVE 5805 03:17:12,353 --> 03:17:14,322 THOSE GOALS, 5806 03:17:14,322 --> 03:17:15,356 STRATEGIC INVESTMENTS IN RIGHT 5807 03:17:15,356 --> 03:17:15,890 OF WAY 5808 03:17:15,890 --> 03:17:17,892 INFRASTRUCTURE AND PUBLIC 5809 03:17:17,892 --> 03:17:19,794 SAFETY AS WELL AS STAFF PLANNING 5810 03:17:19,794 --> 03:17:23,031 AND EXECUTION RESOURCES ARE 5811 03:17:23,031 --> 03:17:23,298 NEEDED. 5812 03:17:23,298 --> 03:17:25,600 SO THIS BRINGS US TO 5813 03:17:25,600 --> 03:17:27,835 THE PIECE OF LEGISLATION BEFORE 5814 03:17:27,835 --> 03:17:28,303 YOU NOW. 5815 03:17:28,303 --> 03:17:32,273 LAST YEAR, COUNCIL DEDICATED 5816 03:17:32,273 --> 03:17:33,308 $12.2 MILLION FOR 5817 03:17:33,308 --> 03:17:35,810 NEEDED WORLD CUP INVESTMENTS IN 5818 03:17:35,810 --> 03:17:37,078 THE 2025- 2026 5819 03:17:37,078 --> 03:17:39,847 BUDGET INCLUDING 2 MILLION OF 5820 03:17:39,847 --> 03:17:42,784 OPERATING FUNDS IN 2025 AND 5821 03:17:42,784 --> 03:17:45,420 $4 MILLION OF OPERATING FUNDS IN 5822 03:17:45,420 --> 03:17:48,289 2026 AND 6.2 MILLION IN CAPITAL 5823 03:17:48,289 --> 03:17:51,993 FUNDS FOR THIS YEAR AND NEXT. 5824 03:17:51,993 --> 03:17:55,396 TODAY IS REVENUE NEUTRAL 5825 03:17:55,396 --> 03:17:56,831 ACTION MOVES $6.2 MILLION OF 5826 03:17:56,831 --> 03:17:58,633 THOSE FUNDS TO OPERATING 5827 03:17:58,633 --> 03:17:58,967 DEPARTMENTS. 5828 03:17:58,967 --> 03:18:00,401 SPECIFICALLY, SEATTLE 5829 03:18:00,401 --> 03:18:01,870 CENTER, SEATTLE DEPARTMENT OF 5830 03:18:01,870 --> 03:18:03,037 TRANSPORTATION, SEATTLE 5831 03:18:03,037 --> 03:18:05,340 FIRE DEPARTMENT AND SEATTLE 5832 03:18:05,340 --> 03:18:06,307 PARKS AND 5833 03:18:06,307 --> 03:18:08,076 RECREATION WHO HAVE 5834 03:18:08,076 --> 03:18:12,380 IDENTIFIED FEEDED CAPITAL AND 5835 03:18:12,380 --> 03:18:16,551 EVENT ORGANIZATIONS AND PUBLIC 5836 03:18:16,551 --> 03:18:17,819 SAFETY- RELATED NEEDS AND 5837 03:18:17,819 --> 03:18:19,354 THIS INCLUDES INFRASTRUCTURE AND 5838 03:18:19,354 --> 03:18:21,956 PARK FEATURES AS WELL AS 5839 03:18:21,956 --> 03:18:22,557 EMERGENCY 5840 03:18:22,557 --> 03:18:23,258 MANAGEMENT-RELATED EQUIPMENT 5841 03:18:23,258 --> 03:18:25,026 AND COMMUNICATION IMPROVEMENTS 5842 03:18:25,026 --> 03:18:27,028 AS WELL AS TEMPORARY 5843 03:18:27,028 --> 03:18:28,162 STAFFING RELATED TO THE FAN 5844 03:18:28,162 --> 03:18:28,496 CELEBRATION. 5845 03:18:28,496 --> 03:18:30,698 ALL OF THE INVESTMENTS 5846 03:18:30,698 --> 03:18:33,268 CONTAINED IN THIS LEGISLATION 5847 03:18:33,268 --> 03:18:33,735 ARE DIRECTLY 5848 03:18:33,735 --> 03:18:35,904 GERMANE TO PUBLIC SAFETY 5849 03:18:35,904 --> 03:18:37,171 RICK MITIGATION, RIGHT OF 5850 03:18:37,171 --> 03:18:38,973 WAY ACCESSIBILITY AND MOBILITY 5851 03:18:38,973 --> 03:18:40,141 IMPROVEMENTS AND 5852 03:18:40,141 --> 03:18:41,376 NEEDED OPERATIONAL SUPPORT. 5853 03:18:41,376 --> 03:18:43,611 IF PASSED, AND YOU WILL SEE 5854 03:18:43,611 --> 03:18:45,413 IF PASSED AS PROPOSED, THE 5855 03:18:45,413 --> 03:18:48,683 REMAINING RESOURCES TO BE 5856 03:18:48,683 --> 03:18:50,451 ALLOCATED ARE $200,000 IN 2025 5857 03:18:50,451 --> 03:18:53,154 OPERATING RESERVES AND 5858 03:18:53,154 --> 03:18:56,524 $4 MILLION IN 2026 OP RIGHTING 5859 03:18:56,524 --> 03:18:59,360 RESERVES AND 5860 03:18:59,360 --> 03:19:03,231 1.8 MILLION OF CAPITAL RESERVES. 5861 03:19:03,231 --> 03:19:05,333 SO HERE, YOU THE SEE THE 5862 03:19:05,333 --> 03:19:07,402 BREAKDOWN BY DEPARTMENT IN 5863 03:19:07,402 --> 03:19:09,938 TERMS OF PUBLIC SAFETY RISK 5864 03:19:09,938 --> 03:19:11,706 MITIGATION AND THEY'RE LARGELY 5865 03:19:11,706 --> 03:19:13,441 FOR SCALING 5866 03:19:13,441 --> 03:19:15,476 UP EQUIPMENT RELATED TO 5867 03:19:15,476 --> 03:19:16,878 HAZARDOUS IDENTIFICATION AS 5868 03:19:16,878 --> 03:19:19,047 WELL AS EMERGENCY MEDICAL 5869 03:19:19,047 --> 03:19:19,314 SERVICE 5870 03:19:19,314 --> 03:19:20,415 SUPPLIES. THE MAJORITY OF THIS 5871 03:19:20,415 --> 03:19:20,682 EQUIPMENT 5872 03:19:20,682 --> 03:19:22,317 IS ALREADY IN USE BY THE 5873 03:19:22,317 --> 03:19:23,451 SEATTLE FIRE DEPARTMENT, BUT 5874 03:19:23,451 --> 03:19:23,651 GIVEN 5875 03:19:23,651 --> 03:19:26,587 THE SCOPE AND SCALE OF THE 5876 03:19:26,587 --> 03:19:27,922 TOURNAMENT AND THE FAN 5877 03:19:27,922 --> 03:19:29,090 CELEBRATION, THEY NEED 5878 03:19:29,090 --> 03:19:31,759 TO PURCHASE MORE TO BE ABLE TO 5879 03:19:31,759 --> 03:19:32,427 HANDLE THE INCREASED 5880 03:19:32,427 --> 03:19:34,195 NEED AT BOTH VENUES AT THE SAME 5881 03:19:34,195 --> 03:19:34,395 TIME. 5882 03:19:34,395 --> 03:19:35,830 SEATTLE CENTER AND SEATTLE PARKS 5883 03:19:35,830 --> 03:19:38,433 AND RECREATION EXPENDITURES ARE 5884 03:19:38,433 --> 03:19:41,269 TO IMPLEMENT VEHICLE RAMMING 5885 03:19:41,269 --> 03:19:43,237 RISK, MITIGATION MEASURES ON THE 5886 03:19:43,237 --> 03:19:47,175 SEATTLE CENTER CAMPUS AS WELL 5887 03:19:47,175 --> 03:19:48,276 AS WESTLAKE PARK. 5888 03:19:48,276 --> 03:19:53,748 SDOT CAPITAL INVESTMENTS IS 5889 03:19:53,748 --> 03:19:57,185 FOR SIDEWALK IMPROVEMENTS IN 5890 03:19:57,185 --> 03:19:59,754 KEY AREAS SURROUNDING LUMENFIELD 5891 03:19:59,754 --> 03:20:01,022 WHERE VEHICLE TRAFFIC ARE 5892 03:20:01,022 --> 03:20:03,324 EXPECTED AND THEN FINALLY, 5893 03:20:03,324 --> 03:20:05,059 THE REMAINING SEATTLE 5894 03:20:05,059 --> 03:20:06,627 CENTER EXPENDITURESES ARE 5895 03:20:06,627 --> 03:20:06,861 RELATED 5896 03:20:06,861 --> 03:20:08,496 TO FAN CELEBRATION SPECIFICALLY 5897 03:20:08,496 --> 03:20:14,602 FOR THEM TO BRING ON 5898 03:20:14,602 --> 03:20:16,004 FOUR TEMPORARY POSITIONS 5899 03:20:16,004 --> 03:20:21,142 BEGINNING IN 5900 03:20:21,142 --> 03:20:23,344 THE END OF 026, AND WITH THAT I 5901 03:20:23,344 --> 03:20:23,511 CAN 5902 03:20:23,644 --> 03:20:24,112 TAKE QUESTIONS. 5903 03:20:24,112 --> 03:20:24,445 >> THANK YOU. 5904 03:20:24,445 --> 03:20:26,314 IF YOU CAN TAKE IT BACK 5905 03:20:26,314 --> 03:20:29,817 ONE PREVIOUS SLIDE AND TRACI, 5906 03:20:29,817 --> 03:20:33,121 ANY COMMENT 5907 03:20:33,121 --> 03:20:33,588 ANALYSIS OR CONCERNS? 5908 03:20:33,588 --> 03:20:36,357 >> I HAVE NOTHING TO ADD TO THE 5909 03:20:36,491 --> 03:20:40,728 PROPOSAL. THE EMO I SENT TELLS 5910 03:20:40,728 --> 03:20:41,629 YOU WHERE 5911 03:20:41,629 --> 03:20:42,463 WE ARE WITH THE AGREEMENT THAT 5912 03:20:42,463 --> 03:20:44,031 WE WOULD EXPECT TO COME 5913 03:20:44,031 --> 03:20:46,267 TO 5914 03:20:46,267 --> 03:20:46,868 COUNCIL HOPEFULLY BEFORE THE 5915 03:20:46,868 --> 03:20:48,002 BUDGET THAT WILL GIVE US 5916 03:20:48,002 --> 03:20:49,771 A BETTER SENSE FOR 5917 03:20:49,771 --> 03:20:51,072 EXPECTATIONS AS IT RELATES TO 5918 03:20:51,072 --> 03:20:51,839 OUR 5919 03:20:51,839 --> 03:20:53,074 ADDITIONAL COSTS THAT WE MIGHT 5920 03:20:53,074 --> 03:20:53,775 INCUR AS 5921 03:20:53,775 --> 03:20:56,644 IT RELATES FOR REIMBURSEMENT OF 5922 03:20:56,644 --> 03:20:56,811 THE 5923 03:20:56,811 --> 03:20:58,346 COST AS IT RELATES TO THE 5924 03:20:58,346 --> 03:20:58,613 WORLD 5925 03:20:58,613 --> 03:20:59,213 CUP. 5926 03:20:59,213 --> 03:21:01,983 >> THANK YOU, 5927 03:21:01,983 --> 03:21:03,084 TRACI, TO PUT A FINER POINT ON 5928 03:21:03,084 --> 03:21:03,684 THIS, ONE OF 5929 03:21:03,684 --> 03:21:05,520 THE REASONS WHY I WAS HAVING 5930 03:21:05,520 --> 03:21:07,188 LESS COMFORTABLE OF TIME IN 5931 03:21:07,188 --> 03:21:08,056 COMMITTEE TODAY IS BECAUSE WE 5932 03:21:08,056 --> 03:21:08,523 HAD PART 5933 03:21:08,523 --> 03:21:09,924 OF THIS CONVERSATION DURING THE 5934 03:21:09,924 --> 03:21:11,993 BUDGET THIS LAST FALL WHERE 5935 03:21:11,993 --> 03:21:14,362 WE SET THIS MONEY ASIDE. 5936 03:21:14,362 --> 03:21:16,631 THIS IS APPROPRIATING SOME, 5937 03:21:16,631 --> 03:21:18,299 NOT ALL, OF THE MONEY AND YOU'VE 5938 03:21:18,299 --> 03:21:19,801 BEEN VERY SPECIFIC ABOUT 5939 03:21:19,801 --> 03:21:23,471 WHAT YOU ARE FUNDING. 5940 03:21:23,471 --> 03:21:25,173 SO WE, AGAIN, REVENUE 5941 03:21:25,173 --> 03:21:27,008 NEUTRAL, BECAUSE WE SET THE 5942 03:21:27,008 --> 03:21:27,208 MONEY 5943 03:21:27,208 --> 03:21:30,278 ASIDE AND WE ARE APPROPRIATING 5944 03:21:30,278 --> 03:21:30,845 TODAY. 5945 03:21:30,845 --> 03:21:32,547 COUNCILMEMBER SOLOMON, I SEE 5946 03:21:32,547 --> 03:21:35,283 YOUR HAND AND WE HAVE 5947 03:21:35,283 --> 03:21:35,917 ANOTHER MINUTE OR SO BEFORE WE 5948 03:21:35,917 --> 03:21:36,184 NEED TO 5949 03:21:36,184 --> 03:21:37,218 MOVE ON TO THE NEXT 5950 03:21:37,218 --> 03:21:38,286 ITEM. 5951 03:21:38,286 --> 03:21:38,653 >> UNDERSTOOD. 5952 03:21:38,653 --> 03:21:41,489 I'LL HAVE TO GET TO MY 1:00. 5953 03:21:41,489 --> 03:21:42,790 CAN WE GO BACK TO THE 5954 03:21:42,790 --> 03:21:43,057 PREVIOUS 5955 03:21:43,057 --> 03:21:44,592 SLIDE? I JUST WANT TO SEE THE 5956 03:21:44,592 --> 03:21:48,362 NUMBERS RELATED TO SPD. 5957 03:21:48,362 --> 03:21:52,133 ARE THERE NUMBERS RELATED 5958 03:21:52,133 --> 03:21:53,201 SPECIFICALLY TO SPD? 5959 03:21:53,334 --> 03:21:55,069 >> I WILL ADDRESS THAT AND 5960 03:21:55,069 --> 03:21:56,971 I'LL PASS IT OVER TO YOU AND WE 5961 03:21:56,971 --> 03:21:57,138 HAD 5962 03:21:57,138 --> 03:21:58,372 ADDITIONAL ITEMS IN THE 5963 03:21:58,372 --> 03:22:00,174 APPROACH WRAGZS AND THOSE ITEMS 5964 03:22:00,174 --> 03:22:03,711 NEED TO GO THROUGH THE THE SRS 5965 03:22:03,711 --> 03:22:05,480 PROCESS AND SO IT WOULD BE 5966 03:22:05,480 --> 03:22:05,813 INAPPROPRIATE 5967 03:22:05,813 --> 03:22:10,985 FOR US TO APPROPRIATE THE 5968 03:22:10,985 --> 03:22:12,720 FUNDS AHEAD OF TIME AND THAT'S 5969 03:22:12,720 --> 03:22:12,920 WHY 5970 03:22:12,920 --> 03:22:14,021 THE BILL HAS BEEN HELD UP 5971 03:22:14,021 --> 03:22:14,388 OVERALL. 5972 03:22:14,522 --> 03:22:15,456 >> OKAY. 5973 03:22:15,456 --> 03:22:15,890 GOOD. 5974 03:22:15,890 --> 03:22:17,325 THANK YOU FOR THE 5975 03:22:17,325 --> 03:22:18,526 EXPLANATION, WE APPRECIATE IT 5976 03:22:18,526 --> 03:22:18,926 AND WHEN 5977 03:22:18,926 --> 03:22:21,462 WE LOOK AT THE VEHICLE AND THE 5978 03:22:21,462 --> 03:22:22,997 NEXT 5979 03:22:23,130 --> 03:22:25,466 SLIDE. THE VEHICLE RAMMING 5980 03:22:25,466 --> 03:22:25,766 MITIGATION 5981 03:22:25,766 --> 03:22:27,201 MEASURES, RATHER, HAVE YOU 5982 03:22:27,201 --> 03:22:29,103 DRILLED DOWN AS TO WHAT 5983 03:22:29,103 --> 03:22:31,439 THOSE EXACT MEASURES MIGHT BE? 5984 03:22:31,439 --> 03:22:36,410 ARE WE TALKING PLANTER BOXES? 5985 03:22:36,410 --> 03:22:37,645 WHAT KIND OF STUFF? 5986 03:22:37,645 --> 03:22:39,714 ALL OF THE ABOVE, FOR 5987 03:22:39,714 --> 03:22:41,849 SEATTLE CENTER CAMPUS, MY 5988 03:22:41,849 --> 03:22:44,385 UNDERSTANDING IS IT LARGELY 5989 03:22:44,385 --> 03:22:47,455 CONSISTS OF 5990 03:22:47,455 --> 03:22:49,590 HARD SCAPE BALLARDS, AND I 5991 03:22:49,590 --> 03:22:51,092 CAN CERTAINLY GET YOU MORE 5992 03:22:51,092 --> 03:22:54,028 DETAILS ABOUT THAT AFTER THIS IF 5993 03:22:54,028 --> 03:22:55,029 YAUD 5994 03:22:55,163 --> 03:22:59,267 YAUD LIKE. 5995 03:22:59,467 --> 03:23:00,334 >> I WOULD APPRECIATE THAT. 5996 03:23:00,334 --> 03:23:00,801 THANK YOU VERY MUCH. 5997 03:23:00,801 --> 03:23:01,435 >> IF YOU HAVEN'T ALREADY YOU 5998 03:23:01,435 --> 03:23:03,437 DON'T HAVE TO PAY A CONSULTANT 5999 03:23:03,437 --> 03:23:07,074 FEE BECAUSE HE IS A 6000 03:23:07,208 --> 03:23:07,708 COUNCILMEMBER NOW. 6001 03:23:07,842 --> 03:23:08,142 >> EXCELLENT. 6002 03:23:08,142 --> 03:23:08,809 >> WITH THAT, ANY 6003 03:23:08,809 --> 03:23:09,043 OTHER 6004 03:23:09,043 --> 03:23:09,477 QUESTIONS? 6005 03:23:09,477 --> 03:23:10,878 >> I'M AN INHOUSE RESOURCE. 6006 03:23:11,012 --> 03:23:12,480 >> INHOUSE 6007 03:23:12,480 --> 03:23:12,747 RESOURCE. 6008 03:23:12,747 --> 03:23:14,549 >> ANY OTHER QUESTIONS ON 6009 03:23:14,549 --> 03:23:15,283 FIFA WORLD CUP? 6010 03:23:15,283 --> 03:23:18,653 DON'T MISS THE USL 2 6011 03:23:18,653 --> 03:23:19,887 PLAYOFFS STARTING TOMORROW AND 6012 03:23:19,887 --> 03:23:20,221 BALLARD 6013 03:23:20,221 --> 03:23:21,522 FC ARE IN THE GAMES. 6014 03:23:21,522 --> 03:23:22,790 THANK YOU BOTH VERY MUCH. 6015 03:23:22,790 --> 03:23:25,860 WE WILL SEE YOU SOON. 6016 03:23:25,860 --> 03:23:30,031 IF THE CLERK 6017 03:23:30,031 --> 03:23:30,665 WANTS TO READ THE SHORT TITLE OF 6018 03:23:30,665 --> 03:23:33,000 ITEM NUMBER 5. 6019 03:23:33,000 --> 03:23:34,869 CB 121033, AN ORDINANCE 6020 03:23:34,869 --> 03:23:35,703 RELATEING TO THE 6021 03:23:35,703 --> 03:23:38,105 FINANCING OF THE HUMAN CAPITAL 6022 03:23:38,105 --> 03:23:38,406 MANAGEMENT 6023 03:23:38,406 --> 03:23:41,042 SYSTEM PROJECT, AMENDING 6024 03:23:41,042 --> 03:23:43,444 ORDINANCE 127131 TO INCREASE 6025 03:23:43,444 --> 03:23:48,549 THE AMOUNT OF AN EXISTING 6026 03:23:48,549 --> 03:23:49,750 INTERFUND LOAN, ALLOWING IT TO 6027 03:23:49,750 --> 03:23:50,418 BE A 6028 03:23:50,418 --> 03:23:51,452 BORROWING FUND FOR 6029 03:23:51,452 --> 03:23:53,921 THE LOAN. 6030 03:23:53,921 --> 03:23:57,225 >> WE HAVE DIRECTOR 6031 03:23:57,225 --> 03:23:57,992 CARNELL TODAY AND REMIND 6032 03:23:57,992 --> 03:23:59,293 ME, TOM SHOULD BE RETURNING TO 6033 03:23:59,293 --> 03:23:59,493 THE 6034 03:23:59,493 --> 03:24:01,062 TABLE ANY MINUTE NOW AS THE 6035 03:24:01,062 --> 03:24:02,496 PRESENTATION IS GETTING 6036 03:24:02,496 --> 03:24:04,231 UPLOADED, I'LL 6037 03:24:04,231 --> 03:24:06,033 KIND OF GIVE A BRIEF OVERVIEW. 6038 03:24:06,033 --> 03:24:10,805 WE ARE CHANGING THE AMOUNT OF 6039 03:24:10,805 --> 03:24:12,540 A REVOLVING LOAN THAT 6040 03:24:12,540 --> 03:24:13,975 CAN RECEIVE. SO REVOLVING LOAN 6041 03:24:13,975 --> 03:24:14,542 BEING ONE 6042 03:24:14,542 --> 03:24:15,676 THAT HAS A CERTAIN AMOUNT OF 6043 03:24:15,676 --> 03:24:15,876 MONEY 6044 03:24:15,876 --> 03:24:18,846 THAT CAN BE BORROWED 6045 03:24:18,846 --> 03:24:20,748 AGAINST, BUT MUST BE PAID BACK 6046 03:24:20,748 --> 03:24:21,015 BEFORE IT 6047 03:24:21,015 --> 03:24:23,918 CAN BE BORROWED AGAINST AGAIN. 6048 03:24:23,918 --> 03:24:25,853 WE ARE CHANGING THE 6049 03:24:25,853 --> 03:24:27,722 CEILING OF THE REVOLVING LOAN 6050 03:24:27,722 --> 03:24:28,255 AND THE 6051 03:24:28,255 --> 03:24:29,957 LOAN HAS BEEN UTILIZED, SO ALL 6052 03:24:29,957 --> 03:24:30,424 OF 6053 03:24:30,424 --> 03:24:31,759 THE MONEY HAS BEEN TAKEN OUT AND 6054 03:24:31,759 --> 03:24:33,928 THEN IT HAS ALL BEEN PAID 6055 03:24:33,928 --> 03:24:37,431 BACK, SO WE ARE AT ZERO, 6056 03:24:37,431 --> 03:24:39,100 BUT WE'RE GOING TO CHANGE THE 6057 03:24:39,100 --> 03:24:39,333 CEILING 6058 03:24:39,333 --> 03:24:42,703 OF THIS LOAN AND I'LL HAVE 6059 03:24:42,703 --> 03:24:44,572 DIRECTOR CARNELL SHARE THIS 6060 03:24:44,572 --> 03:24:46,507 PRESENTATION AS WELL AS I'VE 6061 03:24:46,507 --> 03:24:47,742 ASKED DIRECTOR 6062 03:24:47,742 --> 03:24:48,909 CARNELL TO BRING ANOTHER 6063 03:24:48,909 --> 03:24:50,911 SLIDE IN THE PRESENTATION THAT 6064 03:24:50,911 --> 03:24:53,914 GOES INTO MORE DETAIL OF WHAT 6065 03:24:53,914 --> 03:24:55,116 DO -- AND YOU'LL HAVE TO REMIND 6066 03:24:55,116 --> 03:24:55,349 ME 6067 03:24:55,349 --> 03:24:56,684 THE TITLE OF THESE 6068 03:24:56,684 --> 03:24:57,518 INDIVIDUAL'S NAMES AND THE 6069 03:24:57,518 --> 03:24:58,219 PEOPLE WO DO 6070 03:24:58,219 --> 03:25:00,021 THE WORK AND WHAT ARE THE TASKS 6071 03:25:00,021 --> 03:25:00,554 THAT THEY'RE DOING. 6072 03:25:00,554 --> 03:25:03,391 WITH THAT, DIRECTOR CARNELL AND 6073 03:25:03,391 --> 03:25:04,725 UNFORTUNATELY, WE ONLY HAVE 6074 03:25:04,725 --> 03:25:06,427 FOUR MINUTES SO I'LL ASK 6075 03:25:06,427 --> 03:25:06,727 COLLEAGUES 6076 03:25:06,727 --> 03:25:07,628 TO HOLD THEIR 6077 03:25:07,628 --> 03:25:07,928 QUESTIONS. 6078 03:25:07,928 --> 03:25:08,863 >> THANK YOU, EVERYONE. 6079 03:25:09,063 --> 03:25:09,864 >> I DON'T THINK YOUR MIKE IS 6080 03:25:09,864 --> 03:25:13,267 ON. 6081 03:25:13,267 --> 03:25:14,635 IT'S GREEN BUTTON. 6082 03:25:14,769 --> 03:25:15,236 GO. 6083 03:25:15,236 --> 03:25:15,503 >> THERE 6084 03:25:15,503 --> 03:25:15,803 IT IS. 6085 03:25:15,803 --> 03:25:18,406 >> THAT TOOK UP ONE 6086 03:25:18,406 --> 03:25:18,906 MINUTE. SORRY. 6087 03:25:19,040 --> 03:25:20,908 [ LAUGHTER ] GOOD AFTERNOON, 6088 03:25:20,908 --> 03:25:23,244 EVERYONE, JAMIE 6089 03:25:23,244 --> 03:25:24,612 CARNELL DIRECTOR OFFICE OF 6090 03:25:24,612 --> 03:25:27,248 CITY FINANCE AND THIS IS RELATED 6091 03:25:27,248 --> 03:25:27,648 TO 6092 03:25:27,648 --> 03:25:31,852 COUNCIL BILL 121033 WHICH IS THE 6093 03:25:31,852 --> 03:25:32,386 INTERFUND 6094 03:25:32,386 --> 03:25:37,491 LOAN. TO THE NEXT PAGE, SORRY. 6095 03:25:37,491 --> 03:25:41,395 SO THIS COUNCIL BILL IS FOR 6096 03:25:41,395 --> 03:25:42,430 THE INFORMATION TECHNOLOGY 6097 03:25:42,430 --> 03:25:42,663 PROJECT 6098 03:25:42,663 --> 03:25:44,165 ALSO KNOWN AS WORK DAY. 6099 03:25:44,165 --> 03:25:47,001 THIS IS REPLACING THE CRITICAL 6100 03:25:47,001 --> 03:25:48,436 REPLACEMENT OF THE 6101 03:25:48,436 --> 03:25:49,904 TIMEKEEPING AND PAYROLL SYSTEM. 6102 03:25:49,904 --> 03:25:53,607 IN NOVEMBER '24 AS 6103 03:25:53,607 --> 03:25:55,876 COUNCILCOUNCIL MEMBER POINTED 6104 03:25:55,876 --> 03:25:57,144 OUT WE THE 6105 03:25:57,144 --> 03:25:58,879 INTERFUND LOAN TO PAY FOR THE 6106 03:25:58,879 --> 03:25:59,814 CAPITAL DEVELOPMENT 6107 03:25:59,814 --> 03:26:00,881 COSTS RELATED TO THE SYSTEM AND 6108 03:26:00,881 --> 03:26:01,082 THAT 6109 03:26:01,082 --> 03:26:05,653 LOAN EXPIRES ON 6110 03:26:05,653 --> 03:26:05,986 DECEMBER 21, 6111 03:26:05,986 --> 03:26:07,888 2026. AS STATED, THAT HAS BEEN 6112 03:26:07,888 --> 03:26:08,089 FULLY 6113 03:26:08,089 --> 03:26:10,591 DRAWN DOWN AND REPAID 6114 03:26:10,591 --> 03:26:13,027 AND IT AMENDS ORDINANCE 137131 6115 03:26:13,027 --> 03:26:15,396 TO 6116 03:26:15,396 --> 03:26:16,030 RECOGNIZE CHAMGES IN THE BUDGET 6117 03:26:16,030 --> 03:26:17,431 AND THE INTERFUND LOAN LIMIT TO 6118 03:26:17,431 --> 03:26:21,302 BRING THE PROJECT TO COMPLETION. 6119 03:26:21,302 --> 03:26:25,506 SO THIS PROPOSED LEGISLATION 6120 03:26:25,506 --> 03:26:27,174 AMENDS THE ORDINANCE TO INCREASE 6121 03:26:27,174 --> 03:26:30,911 THE LOAN AUTHORIZATION 6122 03:26:30,911 --> 03:26:32,513 CEILING FROM THE ADDITIONAL TO 6123 03:26:32,513 --> 03:26:33,080 13. 2 TO 6124 03:26:33,080 --> 03:26:35,049 CHANGE THE BORROWING 6125 03:26:35,049 --> 03:26:38,552 FUND FROM THE 25 MULTIPURPOSE 6126 03:26:38,552 --> 03:26:38,753 LTGO 6127 03:26:38,753 --> 03:26:41,622 BOND FUND TO THE '26 FUND 6128 03:26:41,622 --> 03:26:41,889 REJECTING 6129 03:26:41,889 --> 03:26:43,758 THE PAYMENT FOR THE 6130 03:26:43,758 --> 03:26:45,693 INTERFUND LOAN AMOUNT WHICH WILL 6131 03:26:45,693 --> 03:26:45,893 COME 6132 03:26:45,893 --> 03:26:48,829 FROM THE PROCEEDS OF THE BOND 6133 03:26:48,829 --> 03:26:49,330 ISSUANCE. 6134 03:26:49,330 --> 03:26:51,332 THIS INTERFUND LOAN 6135 03:26:51,332 --> 03:26:53,567 REMAINS CURRENT WHICH EXPIRES 6136 03:26:53,567 --> 03:26:56,137 IN DECEMBER 21 OF '26 AND 6137 03:26:56,137 --> 03:26:57,638 IT INCLUDES THE 6138 03:26:57,638 --> 03:27:04,011 BUDGET APPROPRIATION BY 13. 2 6139 03:27:04,011 --> 03:27:04,278 MILLION. 6140 03:27:04,278 --> 03:27:07,014 SO ONCE APPROVED, WE WILL 6141 03:27:07,014 --> 03:27:10,217 COMPLETE THE HCMS 6142 03:27:10,217 --> 03:27:11,285 SYSTEM IMPLEMENTATION AND THE 6143 03:27:11,285 --> 03:27:13,053 PROJECT COST BY DRAWING ON THE 6144 03:27:13,053 --> 03:27:15,289 INTERFUND LOAN AND THEN WE WILL 6145 03:27:15,289 --> 03:27:15,890 PAY THE 6146 03:27:15,890 --> 03:27:17,758 INTERFUND LOAN WITH THE BOND 6147 03:27:17,892 --> 03:27:18,592 ISSUANCE. 6148 03:27:18,592 --> 03:27:21,128 >> THANK YOU, DIRECTOR CARNELL. 6149 03:27:21,128 --> 03:27:22,963 TOM, CAN YOU SHARE YOUR ANALYSIS 6150 03:27:22,963 --> 03:27:24,832 AND REVIEW OF THIS LEGISLATION 6151 03:27:24,832 --> 03:27:26,934 AND ANYTHING THAT WE NEED TO 6152 03:27:26,934 --> 03:27:28,536 BE CONCERNED ABOUT OR ANYTHING 6153 03:27:28,536 --> 03:27:28,736 THAT 6154 03:27:28,736 --> 03:27:29,703 YOU'RE AWARE 6155 03:27:29,703 --> 03:27:30,070 OF. 6156 03:27:30,070 --> 03:27:34,642 >> THANK YOU, CHAIR 6157 03:27:34,642 --> 03:27:36,110 STRAUSS. NO, THEY DID NOT REVIEW 6158 03:27:36,110 --> 03:27:36,677 FOR THE 6159 03:27:36,677 --> 03:27:40,448 PROPOSAL AND I APOLOGIZE 6160 03:27:40,448 --> 03:27:41,849 I WASN'T AT THE 6161 03:27:41,849 --> 03:27:43,450 PRESENTATION AND THE ADVISORY 6162 03:27:43,450 --> 03:27:44,351 COMMITTEE FOR 6163 03:27:44,351 --> 03:27:47,154 ANY TECHNICAL ISSUES TO 6164 03:27:47,154 --> 03:27:49,523 ELEVATE. THAT PROCESS WAS CLEAN 6165 03:27:49,523 --> 03:27:51,592 AND THE 6166 03:27:51,592 --> 03:27:54,061 IMPACT COMMITTEE, YOU KNOW, 6167 03:27:54,061 --> 03:27:55,763 NOT ENDORSED IT, BUT REVIEWED 6168 03:27:55,763 --> 03:27:56,931 THE PROPOSAL AND FOUND 6169 03:27:56,931 --> 03:27:59,400 NO ISSUES WITH IT AND FORWARDED 6170 03:27:59,400 --> 03:27:59,967 IT TO 6171 03:27:59,967 --> 03:28:01,468 THE COUNCIL FOR STAFF 6172 03:28:01,468 --> 03:28:03,604 ANALYSIS THAT'S SIMILAR IN THAT 6173 03:28:03,604 --> 03:28:04,038 REGARD. 6174 03:28:04,171 --> 03:28:05,306 >> THANK YOU. 6175 03:28:05,306 --> 03:28:06,574 AND I WILL JUST 6176 03:28:06,574 --> 03:28:08,309 NOTE FOR THE RECORD AND FOR 6177 03:28:08,309 --> 03:28:10,110 COLLEAGUES, DIRECTOR CARNELL HAS 6178 03:28:10,110 --> 03:28:10,377 COMMITTED 6179 03:28:10,377 --> 03:28:13,214 TO PROVIDING A MORE DETAILED 6180 03:28:13,214 --> 03:28:18,319 LIST OF WHAT THE TASKS AND 6181 03:28:18,452 --> 03:28:19,320 ACCOMPLISH ACCOMPLISHMENT, BUT 6182 03:28:19,320 --> 03:28:19,620 ANY FLAVOR 6183 03:28:19,620 --> 03:28:22,089 THAT YOU WANT TO GIVE US TODAY, 6184 03:28:22,089 --> 03:28:24,391 DIRECTOR CARNELL OF WHAT 6185 03:28:24,391 --> 03:28:24,625 THESE 6186 03:28:24,625 --> 03:28:25,025 FOLKS ARE DOING. 6187 03:28:25,025 --> 03:28:26,694 >> THIS IS PRIMARILY 6188 03:28:26,694 --> 03:28:28,529 USED FOR THE SYSTEM 6189 03:28:28,529 --> 03:28:28,963 IMPLEMENTERS, SO 6190 03:28:28,963 --> 03:28:31,298 THAT COULD BE DELIGHT, WHO IS 6191 03:28:31,298 --> 03:28:32,666 OUR PRIMARY SYSTEM AND WE 6192 03:28:32,666 --> 03:28:34,969 ALSO MAINTAINED A NUMBER OF 6193 03:28:34,969 --> 03:28:36,270 SMALLER CONSULTING FIRMS TO HELP 6194 03:28:36,270 --> 03:28:36,570 WITH 6195 03:28:36,570 --> 03:28:42,243 THIS, AND THIS 13. 2 IS REALLY 6196 03:28:42,243 --> 03:28:44,712 TO FINALIZE THE IMPLEMENTATION 6197 03:28:44,712 --> 03:28:46,513 PROJECT, AND I WANT TO GET TO 6198 03:28:46,513 --> 03:28:49,383 MY NOTES AND THAT INCLUDES 6199 03:28:49,383 --> 03:28:52,052 ENSURING THAT OUR BIWEEKLY 6200 03:28:52,052 --> 03:28:52,286 PAYROLL 6201 03:28:52,286 --> 03:28:54,288 IS STABLE ADMITTING THAT THE 6202 03:28:54,288 --> 03:28:57,191 NUANCES ARE GOING FROM THE 6203 03:28:57,191 --> 03:28:59,293 30+ SYSTEM INTO THE 6204 03:28:59,293 --> 03:29:00,060 NEW STATE-OF-THE- ART SYSTEM 6205 03:29:00,060 --> 03:29:01,195 THAT WE HAVE ACCOUNTED FOR AND 6206 03:29:01,195 --> 03:29:02,963 ALL OF THE NUANCES THAT THE CITY 6207 03:29:02,963 --> 03:29:04,732 OF SEATTLE HAS 6208 03:29:04,732 --> 03:29:06,166 INCLUDING SCHEDULING AND THE 6209 03:29:06,166 --> 03:29:06,600 TIMEKEEPING SYSTEMS 6210 03:29:06,600 --> 03:29:08,569 THAT THE DEPARTMENTS LIKE SDOT 6211 03:29:08,569 --> 03:29:10,037 OR PUBLIC SAFETY TEAMS HAVE. 6212 03:29:10,037 --> 03:29:12,606 SO IT'S REALLY ALSO SUPPORTING 6213 03:29:12,606 --> 03:29:16,210 HR AND PAYROLL STAFF AS WE MOVE 6214 03:29:16,210 --> 03:29:19,613 THEM TOWARDS PROVIDING 6215 03:29:19,613 --> 03:29:21,549 ADDITIONAL SUPPORT, AND THIS 6216 03:29:21,549 --> 03:29:23,484 IS TRULY AROUND UTILIZING 6217 03:29:23,484 --> 03:29:25,920 THE SYSTEM IMPLEMENTERS AND 6218 03:29:25,920 --> 03:29:27,154 OUR CONSULTANTS TO FINALIZE 6219 03:29:27,154 --> 03:29:27,555 THE PROJECT. 6220 03:29:27,688 --> 03:29:29,957 >> THANK YOU, DIRECTOR 6221 03:29:29,957 --> 03:29:31,992 CARNELL AND COLLEAGUE, JUST AS A 6222 03:29:31,992 --> 03:29:34,695 BRIEF REMINDER HERE, WORK 6223 03:29:34,695 --> 03:29:36,864 DAY IS THE FIRST WE UPDATED THE 6224 03:29:36,864 --> 03:29:42,736 PAYROLL SYSTEM SINCE 1994, 6225 03:29:42,736 --> 03:29:44,305 AND I BELIEVE THE YEAR THAT 6226 03:29:44,305 --> 03:29:44,838 "CLUELESS" CAME 6227 03:29:44,838 --> 03:29:46,507 OUT, IF ANYONE REMEMBERS MY 6228 03:29:46,507 --> 03:29:49,944 TIME ON THE DEUS, 30+ YEARS AGO 6229 03:29:49,944 --> 03:29:50,644 -- 6230 03:29:50,644 --> 03:29:51,912 SO THIS IS OLD TECHNOLOGY THAT 6231 03:29:51,912 --> 03:29:52,079 WE 6232 03:29:52,079 --> 03:29:55,115 HAVE NOW UPDATED. 6233 03:29:55,115 --> 03:29:58,085 IT TALKS SYSTEM IMPLEMENTERS TO 6234 03:29:58,085 --> 03:29:59,887 CUSTOMIZE THE WORK DAY 6235 03:29:59,887 --> 03:30:01,655 PRODUCT FOR THE CITY OF SEATTLE, 6236 03:30:01,655 --> 03:30:03,724 SO WE HAVE 39 DEPARTMENTS. 6237 03:30:03,724 --> 03:30:05,459 SDOT IS DIFFERENT THAN THE 6238 03:30:05,459 --> 03:30:06,694 PARKS DEPARTMENT WHICH IS 6239 03:30:06,694 --> 03:30:07,761 DIFFERENT THAN THE FIRE 6240 03:30:07,761 --> 03:30:08,062 DEPARTMENT, 6241 03:30:08,062 --> 03:30:10,698 THIS WHICH IS DIFFERENT THAN THE 6242 03:30:10,698 --> 03:30:11,532 POLICE DEPARTMENT AND DIFFERENT 6243 03:30:11,532 --> 03:30:13,167 THAN THE MAYOR'S OFFICE AND 6244 03:30:13,167 --> 03:30:15,269 ALL OF THESE ASPECTS NEED TO 6245 03:30:15,269 --> 03:30:16,904 BE CUSTOMIZED AND IT'S 6246 03:30:16,904 --> 03:30:18,205 MY UNDERSTANDING AND THAT'S 6247 03:30:18,205 --> 03:30:18,872 MY UNDERSTANDING AND 6248 03:30:18,872 --> 03:30:20,307 THAT'S WHAT SYSTEM IMPLEMENTERS 6249 03:30:20,307 --> 03:30:20,474 DO. 6250 03:30:20,474 --> 03:30:22,810 WITH THAT -- AND SO THAT'S 6251 03:30:22,810 --> 03:30:23,811 WHY WE ARE HERE TODAY. 6252 03:30:23,811 --> 03:30:26,947 SO THIS BILL WOULD, 6253 03:30:26,947 --> 03:30:28,682 AGAIN, INCREASE THE CEILING BY 6254 03:30:28,682 --> 03:30:30,150 $2.2 MILLION AND THEN 6255 03:30:30,150 --> 03:30:31,585 APPROPRIATE THESE FUNDS FOR THIS 6256 03:30:31,585 --> 03:30:33,320 WORK TO BE ACCOMPLISHED. 6257 03:30:33,320 --> 03:30:33,988 IS THAT CORRECT? 6258 03:30:33,988 --> 03:30:38,826 >> 13.2, AND CHANGE THE CAPITAL 6259 03:30:38,826 --> 03:30:40,361 APPROPRIATION TO 13.2. 6260 03:30:40,361 --> 03:30:43,063 >> 6261 03:30:43,063 --> 03:30:43,330 YEAH. 6262 03:30:43,330 --> 03:30:44,365 GREAT. COLLEAGUE, COUNCIL 6263 03:30:44,365 --> 03:30:46,634 PRESIDENT, I SEE YOU DO HAVE 6264 03:30:46,634 --> 03:30:51,171 YOUR HAND -- 6265 03:30:51,305 --> 03:30:53,640 >> YES. 6266 03:30:53,640 --> 03:30:56,644 IF I -- THANK YOU. 6267 03:30:56,644 --> 03:30:59,513 IT'S DISAPPOINTING TO ME TO 6268 03:30:59,513 --> 03:31:01,415 KNOW THAT WE ARE PAYING 6269 03:31:01,415 --> 03:31:03,550 OUR IMPLEMENTERS MORE MONEY 6270 03:31:03,550 --> 03:31:05,452 THAT A WHOLE BUNCH OF PROBLEMS 6271 03:31:05,452 --> 03:31:07,588 ENSUED FROM THE WORK 6272 03:31:07,588 --> 03:31:08,489 DAY IMPLEMENTED AND I DON'T KNOW 6273 03:31:08,489 --> 03:31:08,689 THE 6274 03:31:08,689 --> 03:31:11,191 STATUS OF THE RESOLUTION OF 6275 03:31:11,191 --> 03:31:11,725 THOSE PROBLEMS 6276 03:31:11,725 --> 03:31:13,594 AND BECAUSE HR REPORTS TO 6277 03:31:13,594 --> 03:31:15,429 THE GOVERNANCE COMMITTEE AND I 6278 03:31:15,429 --> 03:31:15,629 WOULD 6279 03:31:15,629 --> 03:31:18,932 LIKE MORE INFORMATION ON THE 6280 03:31:18,932 --> 03:31:20,534 STATUS OF THOSE RESOLUTIONS 6281 03:31:20,534 --> 03:31:22,536 AND MAYBE A LITTLE BIT MORE 6282 03:31:22,536 --> 03:31:25,739 INFORMATION ABOUT WHY WE ARE -- 6283 03:31:25,739 --> 03:31:31,211 WHY THE BILL HAS GONE UP, SO TO 6284 03:31:31,211 --> 03:31:32,413 SPEAK. 6285 03:31:32,546 --> 03:31:32,946 THANK. 6286 03:31:32,946 --> 03:31:33,213 THANKS. 6287 03:31:33,213 --> 03:31:33,714 >> SOUNDS GOOD. 6288 03:31:33,847 --> 03:31:37,151 >> SO NOTED. 6289 03:31:37,284 --> 03:31:38,786 WE WILL WE WILL FOLLOW UP. 6290 03:31:38,919 --> 03:31:39,620 >> GREAT. 6291 03:31:39,620 --> 03:31:41,388 ANY OTHER QUESTIONS, 6292 03:31:41,388 --> 03:31:41,855 COUNCIL PRESIDENT? 6293 03:31:41,989 --> 03:31:42,523 >> NO. 6294 03:31:42,523 --> 03:31:44,324 WITH THAT, WE HAVE 6295 03:31:44,324 --> 03:31:45,526 REACHED THE COP COLLUSION OF THE 6296 03:31:45,526 --> 03:31:45,759 AGENDA 6297 03:31:45,759 --> 03:31:49,963 AND WE WILL HAVE A MORE 6298 03:31:49,963 --> 03:31:52,766 ROBUST MEETING. 6299 03:31:52,766 --> 03:31:55,903 THE JULY 16th AND THESETHESE 6300 03:31:55,903 --> 03:31:57,905 WORDS ARE THE MOST IMPORTANT. 6301 03:31:57,905 --> 03:31:59,173 TODAY WE HAVE TAKEN A LONG 6302 03:31:59,173 --> 03:32:00,741 TIME TO WALK THROUGH ALL OF 6303 03:32:00,741 --> 03:32:02,009 THESE PRESENTATIONS AND ALLOW 6304 03:32:02,009 --> 03:32:03,177 FOR AS MANY QUESTIONS AS 6305 03:32:03,177 --> 03:32:07,848 POSSIBLE WHICH HAS RESULTED IN A 6306 03:32:07,848 --> 03:32:08,382 THREE AND A 6307 03:32:08,382 --> 03:32:09,516 HALF-PLUS HOUR COMMITTEE. 6308 03:32:09,516 --> 03:32:10,784 AT THE NEXT 6309 03:32:10,784 --> 03:32:12,019 COMMITTEE, WE WILL TAKE UP ALL 6310 03:32:12,019 --> 03:32:14,154 OF THESE SAME ITEMS 6311 03:32:14,154 --> 03:32:17,157 AGAIN AND WE WILL 6312 03:32:17,157 --> 03:32:19,727 HAVE TO BE MUCH MORE JUDICIOUS 6313 03:32:19,727 --> 03:32:20,227 WITH OUR 6314 03:32:20,360 --> 03:32:23,664 TIME. TODAY WAS THE BREATHING 6315 03:32:23,664 --> 03:32:23,864 ROOM 6316 03:32:23,864 --> 03:32:25,265 TO TAKE THE QUESTIONS AND THE 6317 03:32:25,265 --> 03:32:27,067 NEXT WILL BE THE WORKING MEETING 6318 03:32:27,067 --> 03:32:28,669 WHERE WE'LL HAVE TO STAY 6319 03:32:28,669 --> 03:32:29,937 FOCUSED AND I MIGHT ASK 6320 03:32:29,937 --> 03:32:30,637 COLLEAGUES 6321 03:32:30,637 --> 03:32:31,939 TO REIN IN THEIR COMMENTS 6322 03:32:31,939 --> 03:32:35,008 IN DURATION AND NOT IN CONTENT. 6323 03:32:35,008 --> 03:32:36,777 WITH THAT, AS YOU CAN SEE, 6324 03:32:36,777 --> 03:32:39,246 AGAIN, PLEASE HAVE 6325 03:32:39,246 --> 03:32:41,281 YOUR AMENDMENTS IN BY JULY 22nd 6326 03:32:41,281 --> 03:32:44,251 AND OUR NEXT SELECT BUDGET 6327 03:32:44,251 --> 03:32:47,287 COMMITTEE IS JULY 30th. 6328 03:32:47,287 --> 03:32:49,590 THANK YOU FOR ATTENDING. 6329 03:32:49,590 --> 03:32:52,760 WE ARE ADJOURNED AT 1:03 P.M.