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Renton council approves finance‑committee recommendations, adopts amended investment policy
Summary
Council voted to concur with multiple finance‑committee recommendations — including payment approvals, grants, and contracts — and adopted a resolution amending the city's investment policy; several budget adjustments and contract amounts were disclosed.
The Renton City Council on May 12 voted to concur with a slate of finance‑committee recommendations, including approval of claims and payroll, acceptance of several small grants and contract authorizations, and adoption of an amended investment policy.
The finance committee reported accounts‑payable payments totaling $8,672,641.38 and payroll disbursements totalling $2,306,204.83 for the April 1–15 pay period; the council voted to concur with the committee’s recommendation. The council also approved a request to authorize the mayor and city clerk to execute an…
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