Financial Policies
Seattle's investments, debt management and budgeting practices are guided by a series of financial policies
Financial Policies
|
Financial Policy
Topic Area |
Objective
|
Legislation
|
Council Adopted
|
| General Debt Management | Adopts updated Debt Management Policies for the City of Seattle. |
08/06/01
|
|
| Amendment to Reso 30345 |
Adopts updated Debt Management Policies for the City of Seattle. |
11/18/02
|
|
| Repeal of SMC Section 3.76.030 |
Relates to issuance of debt management fee for expenses related to the Debt Management Policy Advisory Committee. |
11/18/02
|
|
| Amendment to Reso 30345, 30533 |
Adopts updated Debt Management Policies for the City of Seattle. |
12/08/03
|
|
Financial Policy
Topic Area |
Objective
|
Legislation
|
Council Adopted
|
| Investment | Updates Investment Policies for the City of Seattle. | Resolution 30346 | 08/06/01 |
| SMC Investment Authority Expansion | Expands the investment authority of the Director of Executive Administration to include investment in the local government investment pool in the State Treasury. | Ordinance 121028 | 12/09/02 |
|
Financial Policy
Topic Area |
Objective
|
Legislation
|
Council Adopted
|
| Business Improvement District | Updates policies regarding the establishment and management of Parking and Business Improvement Areas. | Resolution 30389 | 09/10/01 |
| Local Improvement District | Reaffirms policies regarding the establishment and management of Local Improvement Districts. | Resolution 30387 | 09/24/01 |
|
Financial Policy
Topic Area |
Objective
|
Legislation
|
Council Adopted
|
| General Fund Subfunds and Pension/Retirement Funds | Adopts updated financial policies for the various General Fund Subfunds of the City of Seattle and for the City's Employees' Retirement Fund, Police Pension Fund, and Firemen's Pension Fund. | Resolution 30379 | 08/20/01 |
| Judgment/Claims Subfund | Adopts updated financial policies for the Judgment/Claims Subfund of the General Fund. | Resolution 30386 | 09/10/01 |
| Operating Department Funds and the Parking Garage Fund | Adopts updated financial policies for funds of the City of Seattle's various Operating Departments and for the Parking Garage Fund. | Resolution 30392 | 09/24/01 |
| Industrial Insurance Subfund and Unemployment Insurance Subfund | Adopts updated financial policies for the Industrial Insurance Subfund and the Unemployment Insurance Subfund of the General Fund. | Resolution 30535 | 11/18/02 |
| Healthcare Subfunds | Most recent amendment to Health Care Subfund policy. | Ordinance 120996 | 11/18/02 |
| General Bond Interest and Redemption Fund | Specifies purposes of the General Bond Interest and Redemption Fund; directs payment from that fund; and provides for use of moneys that may be received in connection with the sale of general obligation bonds. | Ordinance 121360 | 12/08/03 |
|
Financial Policy
Topic Area |
Objective
|
Legislation
|
Council Adopted
|
| Modifies City policies pertaining to capital appropriations. | Ordinance 123746 | 11/21/2011 | |
| Establishes a uniform governance structure for capital projects involving multiple Departments | Clerk File 306879 | 8/24/2004 | |
| Adopts updated capital and major maintenance planning and funding policies for the City of Seattle. | Resolution 30365 | 08/06/01 |
|
Financial Policy
Topic Area |
Objective
|
Legislation
|
Council Adopted
|
| Budget Planning and Program Outcomes | Relating to budget planning, establishing standards for measuring and evaluating program performance, and applying these in Council review of the budget. | Resolution 31425 | 01/22/13 |
| Citywide Cost Allocation | Adopts updated Citywide cost allocation policies. | Resolution 30384 | 09/10/01 |
| Transfer of Expenditure Allowances | Relates to transfers of expenditure allowances in the budget as permitted under RCW 35.32A.050. | Ordinance 120981 | 11/18/02 |
| Relocation Assistance for Emergency Orders | Policies related to assistance for tenants required to be relocated due to emergency orders and City involvement. | Ordinance 121076 | 02/18/03 |