>>> GOOD MORNING, THANK YOU FOR
JOINING THE CITY OF SEATTLE
ECONOMIC AND REVENUE FORECASTS.
GOOD MORNING EVERYONE. THANK
YOU FOR JOINING THE CITY OF
SEATTLE, OFFICE OF ECONOMIC AND
REVENUE FORECASTS. TODAY IS
DECEMBER 13, 2023. THE TIME IS
11:33 A.M. WE HAVE A SHORT
AGENDA ITEM HERE FOR US TO TAKE
UP BEFORE THE CONCLUSION OF THE
CALENDAR YEAR. I WANT TO THANK
ALL OF THE MEMBERS OF THE
FORECAST COUNCIL WHO HAVE BEEN
PARTICIPATING OVER THE COURSE
OF THE LAST MAYBE TWO FULL
YEARS, IS THAT RIGHT, DIRECTOR
NOBLE?
>> THAT'S CORRECT.
>> AS WE OPEN UP, I WANT TO
WELCOME AGAIN OUR INTERIM
FINANCE DIRECTOR. THANK YOU SO
MUCH, BOARD MEMBER FOR BEING
HERE. WE HAVE SWIFT WHO IS
CHIEF OF STAFF AND THE COUNCIL
PRESIDENT'S OFFICE. ON BEHALF
OF COUNCIL PRESIDENT JUAREZ,
THANK YOU FOR BEING HERE. OUR
VICE CHAIR OF THE FORECAST
COUNCIL. I'LL WELCOME HER AS
WELL. VERY THRILLED WE HAVE
WITH US THE DIRECTOR OF THE
CITY'S BUDGET OFFICE AS WELL AS
DEPUTY DIRECTOR FROM OUR CITY
CENTRAL STAFF. THANK YOU VERY
MUCH ALY. I WANT TO SAY THANK
YOU TO THE ENTIRE TEAM AT THE
ECONOMIC REVENUE FORECAST FOR
ALL THE WORK YOU'VE DONE. WE'RE
NOW OFFICIALLY TWO YEARS IN TO
THE PROCESS, AND YOU HAVE
CREATED A WELL-RUN AND
WELL-OILED MACHINE, THAT'S
ALLOWED FOR PEOPLE TO HAVE
ACCESS TO INFORMATION IN REAL
TIME AS WE RECEIVE THE
QUARTERLY UPDATES. YOU ARE
PROVIDING ANALYSIS ON THOSE
FORECAST, SO THAT MEMBERS OF
THE PUBLIC AND MEMBERS OF THE
LEGISLATIVE AND EXECUTIVE
BRANCH CAN RECEIVE THE
INFORMATION AND DIGEST IT.
WE'VE ALSO, IN ADDITION TO
THAT, PARTNERED WITH CITY
BUDGET OFFICE AND COME TO OUR
FINANCE COMMITTEE MEETING ON A
QUARTERLY BASIS AS WELL TO
PROVIDE ALL THE REVENUE
FORECAST STREAMS. WE HAVE BEEN
DOING THIS IN I THINK A REAL
OPPORTUNE MOMENT TO HAVE
TRANSPARENCY. AND THE REVENUE
PROJECTIONS, ESPECIALLY AS WE
CONTINUE TO EXPERIENCE THE
ECONOMIC IMPACTS OF THE ONGOING
COVID PANDEMIC. AND SEE IN REAL
TIME HOW OUR CITY IS SEEKING TO
RECOVER BOTH IN TERMS OF
FINANCIAL HEALTH AND PHYSICAL
HEALTH. AND IT'S BEEN VERY
HELPFUL TO HAVE THE INSIGHTS ON
A QUARTERLY BASIS FROM YOU AND
YOUR TEAM, DIRECTOR NOBLE. SO
THANK YOU TO EVERYBODY FOR
INITIATING THE FORECAST AS
DIRECTED BY THE CITY OF SEATTLE
A FEW YEARS AGO AND FOR GETTING
THIS ENTITY UP AND RUNNING AS A
GOOD EXAMPLE OF TRANSPARENT AND
ACCOUNTABLE GOVERNANCE AND
INCREASING THE LEGISLATION. WE
APPRECIATE THAT. AND TODAY WE
REALLY HAVE ONE MAJOR ITEM ON
THE AGENDA IN ADDITION TO
ADOPTING THE MINUTES. SO I'M
GOING TO GO AHEAD AND MOVE US
INTO ADOPTION OF THE MINUTES,
THEN I'LL TURN IT OVER TO
DIRECTOR NOBLE TO TAKE ON THE
ONE LARGER ITEM ON OUR AGENDA
IF THAT SOUNDS OKAY TO FOLKS.
SO OUR AGENDA CONSISTS OF
ADOPTION OF THE MEETING MINUTES
FROM OCTOBER 17, 2023. AND THEN
WE'LL GET INTO THE PROPOSED
POLICY, GOVERNING CONFIDENTIAL
REQUEST MADE OF THE OFFICE OF
ECONOMIC AND REVENUE FORECAST.
THIS IS THE CONVERSATION WE
TEED UP AT THE LAST MEETING AND
HERE WE ARE, CONCLUDING THAT
DISCUSSION PRIOR TO THE END OF
THE YEAR. ON THE FIRST ITEM,
ADOPTION OF THE MINUTES. I JUST
WANT TO SEE IF THERE IS A
MOTION TO ADOPT THE MINUTES
FROM THE OCTOBER 17, 2023
MEETING.
>> SO MOTIONED.
>> THANK YOU VERY MUCH, BOARD
MEMBER. IT'S BEEN MOVED AND
ADOPTED. ANY COMMENTS? HEARING
NONE, ALL IN FAVOR -- EXCUSE
ME, DIRECTOR, PLEASE GO AHEAD.
>> THANK YOU, AND GOOD MORNING.
I JUST WANTED TO LET THE CHAIR
KNOW THAT DEPUTY MAYOR
WASHINGTON IS GOING TO BE THE
PROXY FOR THE MEETING TODAY, SO
I'LL BE TAKING VOTES INSTEAD.
>> OKAY, PERFECT. WELCOME. AND
ALWAYS HAPPY TO HAVE YOU HERE
IN THESE MEETINGS. AND HAPPY TO
HAVE YOU HERE AS A VOTING
MEMBER AS WELL. IF THERE IS NO
ADDITIONAL COMMENTS FROM THE
OCTOBER 17, 2023 MEETING
MINUTES, LET'S GO AHEAD AND
MOVE FORWARD ON THE ADOPTION OF
THOSE. ALL IN FAVOR PLEASE SAY
AYE? ANY OPPOSED? IT IS
UNANIMOUS. THE MINUTES WILL
REFLECT FROM OUR MEETING TODAY,
DECEMBER 13, THAT IT WAS
APPROVAL OF THE OCTOBER 17
MEETING MINUTES. AND AS YOU'LL
SEE IN THOSE MEETING MINUTES,
WE BEGIN DISCUSSING THE POLICY
PROPOSAL THAT DIRECTOR NOBLE
AND HIS TEAM TEED UP TO
IDENTIFY THE PROCESS AND
STRATEGIES AND DIRECTION FOR
HOW THE OFFICE OF ECONOMIC
REVENUE FORECAST WILL NAVIGATE
ANY CONFIDENTIAL REQUEST MADE
TO THE OFFICE OF ECONOMIC
REVENUE FORECAST, SO WE CAN
ENSURE TRANSPARENCY AND ALSO DO
DILIGENCE IN TRYING TO ENSURE
THAT RESEARCH AND POLICY
OPTIONS HAVE THE ABILITY TO GET
BEDDED. BUT WE WANT TO MAKE
SURE THE OFFICE OF ECONOMIC AND
REVENUE FORECAST IS ABLE TO
MAINTAIN ITS INDEPENDENCE AND
ALSO BE ABLE TO PROVIDE
ANALYSIS TO EACH ENTITY. UPON
COMPLETION OF THOSE ANALYSIS,
WE ALSO WANT TO MAKE SURE IN
ORDER TO MAINTAIN THE TRUST
THAT THE OFFICE OF ECONOMIC AND
REVENUE FORECAST IS SEEKING TO
BUILD WITH MEMBERS, WE WANTED
TO PUT FORWARD A POLICY TO HELP
IDENTIFY THE PROCESS FOR HOW
INFORMATION WILL BE SHARED. I
WANT TO THANK DIRECTOR NOBLE
FOR TEEING UP AND CRAFTING THE
INITIAL POLICY FOR OUR
CONSIDERATION. AT THE LAST
MEETING ON OCTOBER 17, WE
TALKED ABOUT SOME MINOR TWEAKS
THAT WOULD BE DESIRED BY THE
COUNCIL BEFORE FINALIZING THE
POLICY. AND SINCE OUR MEETING,
DIRECTOR NOBLE HAS TAKEN THAT
DIRECTION AND PUT TOGETHER A
SLIGHTLY REVISED VERSION THAT
MAINTAINS THE INTEGRITY OF THE
INITIAL DRAFT AS PROPOSED AND
HELPS IDENTIFY SOME STRATEGIES
FOR NAVIGATING THE DYNAMICS
BETWEEN THE LEGISLATIVE BRANCH
TO ENSURE THAT FULL VETTING OF
POLICIES CAN OCCUR PRIOR TO
SHARING OR DISCLOSING
INFORMATION BEFORE IT IS REALLY
READY FOR DISCUSSION AND
COLLABORATION BETWEEN THE TWO
BRANCHES OF GOVERNMENT. WITH
THAT I'LL TURN IT OVER TO
DIRECTOR NOBLE TO PROVIDE AN
UPDATE ON THE PREVIOUS MEETING
THAT WE HAD AND THEN TO SHOW US
THE PROPOSED POLICY THAT COULD
CONCLUDE THIS ITEM FOR US.
THANK YOU, DIRECTOR NOBLE.
>> AND THANK YOU CHAIR
MOSQUEDA. YOU HAVE DONE A
WONDERFUL JOB INTRODUCING US.
WHAT I'M GOING TO DO IS PREP A
POWER POINT AND HIT ON A COUPLE
OF POINTS THAT YOU MENTIONED. I
WANT TO HIGHLIGHT THE SPECIFIC
ELEMENTS OF THE PROPOSED POLICY
AND IN PARTICULAR, THE MINOR
ADDITION THAT HAS BEEN MADE PER
THE HELPFUL SUGGESTION. SO WITH
THAT, LET ME PUT THIS UP AND
GET IT IN THE RIGHT FORMAT. SO
HERE WE ARE TODAY. SO YOU HAVE
ALREADY DISCUSSED THIS AS I
HIGHLIGHT WHY WE THINK SUCH A
POLICY IS NEEDED AND IT COMES
OUT OF THE FACT THAT THE
NEUTRALITY AND THE TRUST IN
THIS OFFICE IS ESSENTIAL TO ITS
PRIMARY FUNCTION, WHICH IS
DOING THE REVENUE FORECASTING,
BUT WE HAVE SIGNIFICANT
EXPERTISE HERE AND WE WANT TO
MAKE IT AVAILABLE IN TERMS OF
DOING RESEARCH PARTICULARLY
ABOUT FISCAL ISSUES, REVENUE,
AND OTHERS AS WELL. AND IN
DOING THAT IN OUR CHARTER IF IT
LETS US DO THAT SEPARATELY FOR
EACH BRANCH, BUT AS THOSE
RESULTS OF THOSE KINDS OF WORK
WILL COME TO FRUITION AND
ULTIMATELY MADE PUBLIC THAT IF
WE ARE NOT CAREFUL ABOUT THE
WAY THEY'RE MADE PUBLIC, IT'S
THE POTENTIAL TO UNDERMIND THE
SENSE OF TRUST THAT WE'LL DO
SOME RESEARCH THAT'S USED BY
THE EXECUTIVE BRANCH OR EITHER
BRANCH TO SUPPORT SOMETHING
THAT IS OUT IN PUBLIC. IT MIGHT
BE PERCEIVED THAT WE, THE
OFFICE, WERE MAKING A POLICY
STATEMENT I█N SUPPORT OF THAT
PROPOSAL. THAT WOULD NOT BE THE
CASE BECAUSE THAT'S NOT OUR
JOB, BUT THE ONE WAY TO AVOID
ANY CONCERN ABOUT THAT AND TO
AVOID THAT POTENTIAL IMPACT ON
TRUST WOULD BE TO TAKE THE
OPPORTUNITY IN ADVANCE TO
INFORM THE OTHER BRANCH ABOUT
THE WORK THAT HAD BEEN DONE. TO
DO THAT IN A REASONABLY TIMELY
WAY, BUT AGAIN NOT IN A WAY
THAT WOULD PRECLUDE EITHER
BRANCH TO HAVE THIS IMPORTANT
PRIVILEGED AND CONFIDENTIAL
RESEARCH DONE ON THEIR BEHALF.
SO THAT IS THE WHY. SORRY, I'M
FACING A LITTLE BIT OF A DELAY
HERE. SO LET ME TALK ABOUT THE
KEY POINTS AND THEN I'LL GET TO
THE ONE THAT'S HIGHLIGHTED IN
YELLOW, WHICH IS THE CHANGE
FROM LAST TIME. SO THIS IS WHAT
IT WAS AT THE LAST MEETING
EXCEPT FOR NUMBER FIVE. SO
AGAIN, JUST IN TERMS OF SHARING
OF INFORMATION, I WANT TO BE
CLEAR ABOUT ONE THING THAT AS
ANY PUBLIC AGENCY, SUBJECT TO
THE RULES OF THE STATE, SO
NOTHING IN THIS POLICY COULD
SUPERSEDE THAT AND IN ORDER TO
TRY IF YOU WILL. THE OTHER
THING IF WE DO RESEARCH FOR
EITHER BRANCH AND IT DOESN'T GO
ANYWHERE, THEN WE DON'T NEED TO
SHARE IT IF YOU WILL. SO WORK
THAT'S COMPLETED THAT ISN'T
MADE PUBLIC, THAT CAN JUST GO
ON THE SHELF. AND SO THAT IS
SORT OF A WORKING MATERIAL
NOTION THERE. AND ALONG THE
OTHER POINT THAT I THOUGHT
WOULD BE IMPORTANT IS
TRANSPARENCY IN TERMS OF IT.
BUT IF WE DO WORK AND IN EITHER
BRANCH THAT WILL RELY ON IT,
THAT IT WILL BE ATTRIBUTED TO
US. THIS COULD COME UP, FOR
INSTANCE, AND WE'LL TALK ABOUT
IT IN THE CONTEXT OF THE FISCAL
NOTE, WHERE WE WILL CONTRIBUTE
TO A FISCAL NOTE AND I THOUGHT
IT WOULD BE IMPORTANT THAT IT
WAS THE CASE, THAT IT WILL BE
CITED AS SUCH. NOW THE KEY
ELEMENT IN MY MIND IS THIS NEXT
ONE, WHICH IS NO SURPRISE HERE
AND I CAN'T CHANGE IT AS I SIT.
AGAIN, THE NOTION HERE IS
BEFORE EITHER BRANCH WILL USE
OUR RESEARCH IN A PUBLIC WAY
THAT WE WILL BE GIVEN THE
OPPORTUNITY TO BRIEF THE OTHER
BRANCH, SO THEY ARE NOT
SURPRISED BY OUR WORK. AND
AGAIN THAT FEELS LIKE A PLACE
WHERE TRUST COULD GET
UNDERMINED EVEN IF
UNINTENTIONALLY SO. AND SO WE
SET OUT THE NOTION OF THE
STANDARD TWO TO THREE BUSINESS
DAYS OF NOTIFICATION, THUS
ALLOWING THE REQUEST TO STILL
MAKE THEIR POLICY STATEMENT IN
A TIMELY WAY, BUT GIVEN THE
OTHER BRANCH, SOME WILL NOTICE
AS TO WHAT TO EXPECT AND WHERE
THAT WORK CAME FROM. THE ONE
NOTION AND WHAT WAS DESCRIBED
HERE IF THERE IS ADDITIONAL
TIME THAT'S NEEDED, THE
DIRECTOR, MYSELF, AND THE
SUCCESSOR COULD MAKE THAT
DISCUSSION, AND THAT THERE
COULD BE A REAL ADVANTAGE IN
THE BRIEFING THAT WILL HAPPEN
FOR THE BRANCH THAT DIDN'T
REQUEST THE WORK TO HAVE THAT
HAPPEN JOINTLY. AND THEY ARE
PRESENT TOGETHER, SO THEY WOULD
GET A HOLISTIC VIEW IF YOU WILL
OR RATHER NOT THE WHOLE
PICTURE. AND WHAT WE HAVE ADDED
TO THE POLICY IS THE
RECOMMENDATION THAT WHENEVER
POSSIBLE THAT IT WILL BE THE
LOOSE LANGUAGE HERE. AND IN THE
JOINT MEETING INCLUDING US, AND
WHOEVER REQUESTED TO WORK THAT
IT WILL BE THE IMPORTANT
ADDITION THAT'S HIGHLIGHTED
HERE AND YOU ALL HAVE THE TEXT
OF THE LONGER FORM AND IT'S
REPEATED WITH THAT LIGHTING. WE
NOTICED THEM AS AN EXCEPTION.
THERE IS A WHOLE ESTABLISHED
CITY POLICY AND PROCEDURE AND
PROTOCOL ABOUT HOW LEGISLATION
GETS DROPPED IF YOU WILL AND
SHARED WITH THE OTHER BRANCH.
AND TO THE EXTENT THAT WE ARE
JUST CONTRIBUTING TO THE FISCAL
NOTE, WE DON'T THINK THIS
PRENOTIFICATION IS REQUIRED.
EVERYBODY UNDERSTANDS THAT
LEGISLATIVE PROCESS. WE WOULD
THEN IMMEDIATELY FOLLOW UP TO
OFFER A BRIEFING AND IN THIS
CONTEXT, A JOINT BRIEFING AS
WELL. AND THAT IS THAT NOTION
THERE. IT IS AN EXCEPTION, BUT
ONE THAT IS REPLACING BY THE
EXISTING SET OF PROTOCOLS AND
THE POLICIES. AND THEN JUST
LASTLY ON THE SCOPE OF WHAT'S
SHARED, WE ANTICIPATE AS WE DO
AND AS WE DEVELOP OUR FINANCIAL
ANALYSIS, THAT WE MAY HAVE IN
ORDER TO DO THOSE AS WELL, THAT
WE MAY HAVE HAD TO ASK A NUMBER
OF PRIVILEGED QUESTIONS THAT
WILL TOUCH ON LAW OR ON THE
OTHER ASPECTS OF THE POLICY,
AND THAT IN GENERAL, WE WOULD
NOT BE SHARING THAT KIND OF
INFORMATION. THAT WE WOULD RELY
ON THE BRANCH THAT WE REQUESTED
IT TO PROVIDE THAT KIND OF
OVERALL CONTEXT, AND THAT WE
WOULD REALLY LIMIT OUR WORK AND
OUR SHARING OF WORK TO THE
ESSENTIAL PART OF WHAT WE HAD
DONE, WHICH IS LARGELY THE
FISCAL ANALYSIS. SO THE
FINANCIAL ANALYSIS, DEPENDING
ON THE EXACT REQUEST. AND SO
THAT IS THE BASIC POLICY, WHERE
FOLKS WERE GENERALLY ON BOARD,
THAT THERE WAS AN IMPORTANT
ADDITION ABOUT MAKING SURE THAT
WHENEVER POSSIBLE THAT THE
BRIEFINGS THAT WE OFFER TO THE
OTHER BRANCH WILL HAPPEN
JOINTLY. I THINK IF YOU WILL,
THAT'S A FRIENDLY AMENDMENT AND
A POLICY HAS BEEN REDRAFTED
WITH THAT ADDITION. AND THAT IS
REALLY THE WHOLE STORY AT THIS
POINT.
>> THANK YOU VERY MUCH,
DIRECTOR NOBLE. LET'S JUST
PAUSE THERE REAL QUICK. AND I
KNOW THAT MANY PEOPLE HAVE THE
FULL POLICY PROPOSAL IN FRONT
OF THEM AS WELL. ABOUT A
PARAGRAPH AND A PARAGRAPH AND A
HALF THAT HAVE BEEN ADDED TO
HELP FLUSH OUT THAT CONCEPT OF
JOINT BRIEFING. I WANT TO THANK
YOU FOR THE WORK THAT YOU HAVE
DONE ON THAT. I THINK THAT'S A
WORKABLE APPROACH. AND IT ALSO
DOESN'T TRIGGER THE ARBITRARY
THREE-DAY TIMELINE THAT MIGHT
NOT BE TOTALLY IT IN LINE WITH
WHEN THE POLICY BRIEFING COULD
OCCUR. AND I THINK THAT, YOU
KNOW, AS THE DIRECTOR AND I
BOTH COMMENTED ON IN THE LAST
MEETING THAT THERE IS ALWAYS
INTEREST AND ENSURING THAT
THERE IS TRANSPARENCY BETWEEN
THE ENTITIES THAT WE ALSO WANT
TO MAINTAIN THE INTEGRITY OF
THE OFFICE TO BE ABLE TO DO
INDEPENDENT ANALYSIS AS WE
DON'T WANT TO COMPROMISE THAT
IN ANY OTHER WAY. THE APPROACH
THAT YOU HAVE CRAFTED WILL HELP
US, BUT JUST WITH THAT
EXPECTATION THAT ONCE SOMETHING
IS DEVELOPED, IF IT IS
DEVELOPED USING DATA AND
ANALYSIS FROM THE DEPARTMENT,
OF COURSE, IT GETS CREDITED.
BUT THEN THE OTHER BRANCH THAT
MIGHT NOT HAVE BEEN INVOLVED IN
THE CRAFTING, THINKING THROUGH
THE POLICY WILL GET A CHANCE TO
TELL THE OTHER BRANCH AND THEN
THEY HAVE THAT ABILITY TO BRING
YOU IN TO EXPLAIN THE
ASSUMPTIONS BAKED INTO THAT. SO
I THINK IT WORKS. FROM MY
PERSPECTIVE, ANY OTHER THOUGHTS
FROM BOARD MEMBERS? COUNCIL
MEMBERS? NO, JUST SEEING A LOT
OF NOD. I'LL TURN IT BACK TO
DIRECTOR DINGLEY, PLEASE GO
AHEAD.
>> AND DIRECTOR NOBLE AND HIS
TEAM. I THINK THESE EDITS THAT
ARE HERE ON THE POLICY WILL
REFLECT THE CONVERSATION THAT
WE'VE HAD THE LAST TIME WE WERE
TOGETHER. I APPRECIATE THE
THOUGHTFULNESS THAT WENT INTO
THINKING THROUGH THIS IS A NEW
OFFICE AND WE NEED TO DEVELOP
SORT OF WHAT THESE POLICIES
LOOK LIKE. SO I APPRECIATE THE
TEAM'S TIME.
>> GREAT, THANK YOU. OKAY, I'LL
TURN IT BACK TO DIRECTOR NOBLE
FOR NEXT STEPS HERE.
>> YES, SO IN TERMS OF NEXT
STEPS, A MOTION TO ADOPT THE
POLICY FROM MEMBERS OF THE
COUNCIL. ONCE IT'S ADOPTED,
WE'LL BE IN A POSITION TO WORK
WITH BOTH BRANCHES AS WE MOVE
FORWARD TO IMPLEMENT IT AND BE
SURE IT IS APPROPRIATE SHARING
THAT WILL OCCUR WHEN
APPROPRIATE AND NECESSARY.
>> GREAT. AND I WILL JUST SAY I
THANK YOU FOR YOUR
PARTICIPATION HERE TODAY,
COUNCIL MEMBERS. IT WAS MY HOPE
THAT WE WRAP THIS ITEM UP
BEFORE THE END OF MY TIME ON
SEATTLE CITY COUNCIL, WHICH
WILL BE ON JANUARY 2. BUT
ASSUMING WE WEREN'T GOING TO
HAVE A MEETING ON JANUARY 2, I
REALLY WANTED TO GET THIS
COMPLETED, SO THAT THE NEW
COUNCIL MEMBERS OF THE OFFICE
AND ECONOMIC AND REVENUE
FORECAST COUNCIL COULD COME IN
WITH THIS POLICY SETTLED. I'M
HAPPY TO ENTERTAIN A MOTION TO
APPROVE THE POLICY THAT DIRECTS
THE OFFICE OF ECONOMIC AND
REVENUE FORECAST AND THE
FORECAST COUNCIL MEMBERS HERE,
GOVERNING CONFIDENTIAL REQUEST
MADE OF THE OFFICE. IS THERE A
MOTION TO APPROVE THE PROPOSED
POLICY?
>> I MOVE TO ADOPT THE PROPOSED
POLICY AS DATED.
>> THANK YOU, COUNCILMEMBER
SWIFT. IS THERE A SECOND?
>> SECOND.
>> THANK YOU, COUNCIL MEMBER
DINGLEY. MOVED AND SECONDED.
ANY ADDITIONAL COMMENTS?
HEARING NONE, THANK YOU AGAIN
FOR DRAFTING THIS IN A TIMELY
FASHION. ALL IN FAVOR OF THE
PROPOSED POLICY GOVERNING
CONFIDENTIAL REQUEST MADE OF
THE OFFICE, PLEASE SAY AYE.
>> AYE.
>> ANY OPPOSED? ANY ABSTENTION?
IT IS UNANIMOUS. THANK YOU SO
MUCH. WE'LL MAKE SURE THAT
DOCUMENT IS RECORDED IN THE
MINUTES FOR TODAY AS APPROVED.
AND I ASSUME DIRECTOR NOBLE
THAT MANY OF THESE DOCUMENTS
WILL BE POSTED TO THE WEBSITE
IF PEOPLE HAVE ANY QUESTIONS IN
THE FUTURE?
>> AND WE WILL POST THIS TO THE
WEBSITE OF THE APPROVED POLICY
IF NOT LATER TODAY, TOMORROW.
IT'S A STRAIGHTFORWARD TO DO.
AND DRAFT THE MINUTES TO
REFLECT THE BOARD'S APPROVAL.
>> GREAT, OKAY, THAT SOUNDS
WONDERFUL. THANK YOU FOR
WRAPPING THIS ITEM UP. AND I
THINK THAT DOES CONCLUDE ALL OF
THE ITEMS ON OUR AGENDA TODAY.
I JUST WANT TO SAY THANK YOU
FOR THE WORK THAT YOU HAVE
DONE, PASSING THE POLICY. WAS
THAT IN 2020 OR 2021? I CAN'T
REMEMBER. BUT WE INITIATED THIS
BODY AT BEGINNING OF 2022, AND
AT END OF 2023, WE ARE TWO
YEARS IN, SO WE ARE ALL VETS AT
THIS POINT. AND I WANT TO THANK
ALL OF MY COLLEAGUES AS WELL
FOR YOUR GENEROUS TIME IN
ATTENDING THESE QUARTERLY
MEETINGS AND TO DIRECTOR NOBLE
AND THE TEAM FOR ALWAYS MAKING
SURE WE'RE PREPARED, THAT THE
CONCEPT OF POSTING INFORMATION
IN REAL TIME, SO THE
LEGISLATIVE AND EXECUTIVE
BRANCH CAN CAN HE HAVE IT AT
THE PSALM TIME HAS BEEN VERY
HELPFUL, AND TO SEATTLE CHANNEL
FOR BROADCASTING THIS. IT IS
VERY MUCH IN ALIGNMENT WITH THE
GOALS THAT WE ORIGINALLY
ENVISIONED OF HAVING THIS
INFORMATION SHARED OUT WITH
MEMBERS OF THE PUBLIC AS WELL
AS WITHIN CITY HALL AT THE SAME
TIME. SO THANK YOU SO MUCH.
IT'S BEEN MY HONOR TO CHAIR
THIS WITH ALL OF YOU, AND THANK
YOU FOR YOUR PARTICIPATION. AND
REALLY ALSO WANT TO THANK ALY
PENNUCCI WHO IS OUR DEPUTY
DIRECTOR OF THE CITY BUDGET'S
OFFICE, EXCUSE ME, DEPUTY
DIRECTOR OF CITY COUNCIL
CENTRAL STAFF AND ALL OF THE
WORK THAT SHE AND HER TEAM,
INCLUDING TOM MIKESELL HAVE
DONE OVER THE YEARS ON HELPING
GET THIS BODY STOOD UP AS WELL
AS OUR COUNCIL PRESIDENT AND
CHIEF OF STAFF. IT'S BEEN
WONDERFUL AS WELL, DIRECTOR TO
WORK WITH YOU HERE AND ON THE
BOARD. I'LL SEE YOU TOMORROW,
IN FACT, ON THE BOARD AND TO
DIRECTOR JULIE DINGLEY ON ALL
THINGS BUDGET TO YOU AND YOUR
TEAM. I SEE DAVID ON THE LINE
AND EVERYBODY ELSE. THANK YOU
FOR THE WORK THAT WE HAVE DONE.
I KNOW THIS IS A SEPARATE BODY
AND A SEPARATE COUNCIL, BUT
IT'S BEEN A LOT OF GREAT WORK,
COLLABORATIVELY TOGETHER. AND
GIVEN THE CHANGING NATURE OF
OUR REVENUE STREAMS OVER THE
LAST TWO YEARS ESPECIALLY WE
WOULD NOT HAVE BEEN ABLE TO
ADJUST IN REAL TIME WITHOUT THE
WORK OF THE OFFICE OF ECONOMIC
REVENUE FORECAST. SO THANKS
AGAIN FOR ALL OF YOUR WORK TO
THE OFFICE AND TO DIRECTOR
NOBLE FOR HEADING UP THE TEAM.
IS THERE ANYTHING ELSE FOR THE
GOOD OF THE ORDER?
>> NOTHING ELSE EXCEPT FOR ME
TO EXPRESS MY APPRECIATION,
COUNCIL MEMBER MOSQUEDA FOR
YOUR LEADERSHIP AND THE
CREATION OF THE OFFICE AND YOUR
SUPPORT OVER THE LAST COUPLE OF
YEARS IN GETTING THIS GOING.
IT'S BEEN A PLEASURE. I WANTED
TO TAKE THAT MOMENT TO DO SO.
THANK YOU.
>> THANK YOU. THANK YOU ALL SO
VERY MUCH. AND HAPPY HOLIDAYS
IF I DON'T SEE YOU AGAIN. AND
WE WILL WISH YOU THE BEST OF
LUCK WITH YOUR NEW BUDGET CHAIR
AND NEW DIRECTOR OR NEW BOARD
MEMBER TO COME ON THE
LEGISLATIVE SIDE BOTH FROM THE
COUNCIL MEMBER'S OFFICE AND THE
BUDGET COMMITTEE. SO BEST OF
LUCK TO ALL OF YOU, AND THANKS
AGAIN FOR ALL THE WORK YOU DO
ON BEHALF OF SEATTLE CITY
RESIDENTS. TAKE CARE. THANKS,
EVERYONE.
>> THANK YOU.