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Renton council approves finance‑committee recommendations, adopts amended investment policy

Renton City Council · May 12, 2026
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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 emergency‑management grant contract from the Washington State Military Department and a $50,644 budget adjustment to accept those funds.

On personnel and labor matters, the council approved adjustments following a salary study and negotiations with AFSCME Local 2170, affecting 35 positions with grade changes effective either September or January 1, 2027, plus six positions with wage adjustments effective July 1, 2026. The council authorized a professional‑services agreement with Bruce Deese & Associates, LLC for $278,873 to complete 30% design services on the Cleveland Richardson Park project.

The council also agreed to accept a $5,000 Internet Crimes Against Children grant under a memorandum of understanding with the Seattle Police Department and approved a $40,000 matching grant from the Washington State Department of Ecology to install four level‑2 electric‑vehicle chargers at Renton Regional Airport; staff will include the appropriation in the second‑quarter 2026 budget adjustment.

Councilors additionally approved amendment number 1 to a contract with Pacific Security covering downtown security services, authorizing $308,402.74 for security at the city‑center parking garage, Piazza and Legacy Square and a $55,403 budget amendment.

Finally, the council adopted a resolution ratifying an amended investment policy intended to set standards for delegation, prudence, internal controls, portfolio monitoring and diversification; the resolution was adopted by voice vote.

Next steps: implementations and expenditures referenced in the approvals will proceed through the stated contracting and budget processes; items requiring future reporting or further council action were not specifically flagged during this meeting.