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Record No: Res 32047    Version: Council Bill No:
Type: Resolution (Res) Status: Adopted
Current Controlling Legislative Body City Clerk
On agenda: 4/12/2022
Ordinance No:
Title: A RESOLUTION establishing a Watch List of large, complex, discrete capital projects that will require enhanced quarterly monitoring reports for the 2022 calendar year.
Sponsors: Teresa Mosqueda
Supporting documents: 1. Summary and Fiscal Note, 2. Amendment 1, 3. Amendment 2, 4. Amendment 3
CITY OF SEATTLE
RESOLUTION __________________
title
A RESOLUTION establishing a Watch List of large, complex, discrete capital projects that will require enhanced quarterly monitoring reports for the 2022 calendar year.
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WHEREAS, Seattle's Capital Improvement Program (CIP) identifies planned spending and revenues for City capital projects during the upcoming six-year period; and
WHEREAS, updates to the CIP are adopted by the Seattle City Council ("Council") as part of the annual and supplemental budget process; and
WHEREAS, CIP oversight is a critical function of the Council; and
WHEREAS, effective CIP oversight ensures transparent, accountable use of public dollars; and
WHEREAS, the Council's ability to perform effective capital oversight is dependent on access to thorough information and the opportunity to review and process this information in a timely manner; and
WHEREAS, some capital projects such as the City's Elliott Bay Seawall Project and the utilities' New Customer Information System cost millions of dollars more their original proposed budget; and enhanced, timely reporting could have improved the Council's oversight by communicating potential project risks before the risks were realized; and
WHEREAS, oversight for the 2021-2026 Adopted CIP was improved via Council and City Budget Office review of capital project development and delivery, including seeking information from and holding conversations with some of the major capital departments on their project management practices and contingency budgeting, and conducting meetings to jointly discuss capital project issues across departments; and
WHEREAS, there is opportunity to continue improving CIP reporting and accountability to the Council and to use the Council's budgeting authority to improve financial oversight; and
WHEREAS, the City benefits from effective Executive management controls and Council oversight for projects that have a significant financial, policy, or programmatic impact on the ...

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