Spokane Valley Online
The Spokane Valley News Herald
City of Spokane Valley, WA
Council OKs $68.6 million 2015 budget

11/28/2014

By MIKE HUFFMAN
Managing Editor

 

With little fanfare and no comment, the Spokane Valley City Council unanimously approved a 2015 budget of $68.6 million last week.
In anticipation of taking Thanksgiving week off, all seven members readily reached consensus on the budget on Nov 17, which includes $16.5 million in capital expenditures next year.

Most of that amount – nearly $11 million – will be covered in grant dollars, said Mark Calhoun, deputy city manager. Work will include $11.5 million in street capital projects, $490,650 spent on parks, $2.6 million in pavement preservation, $1.8 million in stormwater management, and $30,000 in equipment rental and the replacement of a SUV for the city’s community and economic department.

The city is not anticipating any new hires and will keep the current 87.25 full-time employees.

The city is also anticipating spending $1.6 million for one-time items. These will include $25,000 for new offices for unit supervisors at the Sprague Avenue police precinct, $10,000 to upgrade dial-up modems at the city’s three swimming pools, $8,000 to replace the lounge-area carpet at CenterPlace and $145,000 for technology upgrades.

The largest one-time amount -- $949,000 – is the city’s share of Spokane County Sheriff’s Office computer-aided dispatch and records-management system. The city contracts with the sheriff’s office for its police department.

While the total of the 2015 recurring and nonrecurring expenditures exceeds total revenues by $1.5 million, the amount will be covered by the city’s surplus reserves. The projected general fund balance at the end of 2015 is anticipated to be $19.1 million, 50.01 percent of recurring revenues.

 

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TheSpokane Valley News Herald
is the City of Spokane Valley, Washington's official Newspaper. The City Council of the City of Spokane Valley, Washington named the Spokane Valley News Herald as the city's "official" newspaper. The designation means the Spokane Valley News Herald will publish the city's legal notices on a contract basis for one year.

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