Ordinance 1629ORDINANCE NO. (,
AN ORDINANCE ADOPTING THE FINAL BUDGET OF
THE CITY OF EDMONDS, FOR THE FISCAL YEAR
COMMENCING JANUARY 1, 1973.
WHEREAS, on or before the first business day in the third month
prior to the beginning of January 1, 1973, the City Finance Director and
the City Chief Administrative Officer submitted to the Mayor the proposed
preliminary budget as required by law, and
WHEREAS, the Mayor reviewed the preliminary budget making
such revisions and/or additions as deemed advisable and prior to 60
days before January 1, 1973 filed the said revised preliminary budget
with the City Clerk as his recommendation for the final budget, and
WHEREAS, the City Clerk provided sufficient copies of such
preliminary budget and budget message and published and posted notice
of filing and availability of said preliminary budget together with the date
of public hearing for the purpose of fixing a final budget, all as required
by law, and
WHEREAS, the City Council scheduled hearings on the pre-
liminary budget for the purpose of providing information regarding
estimates and programs, and
WHEREAS, the City Council did meet on the first business day
of the month next preceding the beginning of the ensuing fiscal year for
the purpose of fixing the final budget at which hearing all taxpayers
were heard who appeared for or against any part of said budget, and
WHEREAS, following the conclusion of said hearing the City
Council made such adoptions and changes as it deemed necessary and
proper, now, therefore,
THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON
DO ORDAIN AS FOLLOWS:
Section 1. The final budget for the fiscal year 1973 be and
the same hereby is adopted and by this reference the same is hereby
incorporated herein as if set forth in full.
Section 2. Attached hereto in summary form are set forth
the totals of estimated revenues and appropriations for each separate
fund and the aggregate totals for all such funds combined, and by this
reference the same is incorporated herein as if set forth in full.
Section 3. A complete copy of the final budget as adopted
together with a copy of this adopting ordinance shall be transmitted by
the City Clerk to the Division of Municipal Corporations of the State
Auditor and the Association of Washington Cities.
APPROVED:
MAYOR
ATTEST:
CITY CLERK
PASSED BY THE CITY COUNCIL: December 6, 1972
FILED WITH THE CITY CLERK: December 1 , 1972
PUBLISHED: December 13, 1972
1973 BUDGET
SUMMARY OF REVENUES
General Property Taxes
$ 901,175
General Sales Tax
210,000
Gross Receipts Tax on Utilities
"` 182,000
Business Licenses & Permits
135-530
Non -Business Licenses & Permits
41,150
Federal Grants
591,868
Federal Shared Revenues
174,500
State Grants
105,000
State Shared Revenues
630,200
Charges for Service
214,980
Fines & Forfeitures
115,250
Interest on Investments
117,553
Rental`Income
'715,400
Special Assessemnts
80,500
Sale of Fixed Assets
33,250
Contributions from Public Enterprises
26,159
Other Miscellaneous Revenues & Refunds
600
Water & Sewer Service
916,612
Sale of Bonds & Interest Bearing Warrants
500,000
Transfers
662,900
Assessment Collections
401,400
Other Non -Revenue Receipts
33,850
Estimated Cash on Nand
1,259,300
TOTAL REVENUES
$ 7,227,177
1973 BUDGET
SUMMARY OF EXPENDITURES
CURRENT EXPENSE
Mayor & Council
Chief Administrative Officer
City Clerk
Finance
Police
Fire
Planning
Building
Engineering
Library
Building Maintenance
Parks & Recreation
Swimming Pool
Civil Service Commission
City Attorney
Violations Bureau
Civic Center
Non -Departmental
L.E.F.F. Disability Board
Public Works Administration
General Services
Total Current Expense
EMERGENCY EMPLOYMENT ACT
STREET DEPARTMENT
STREET ARTERIAL
SPECIAL LIBRARY
DANGEROUS DRUG CONTROL CONTINGENCY
UNDERGROUND WIRING CUMULATIVE RESERVE
EMERGENCY EMPLOYMENT ACT LABOR RESERVE
$ 18,830
27,605
31,790
110,236
550,533
201,527
35,938
33,575
91,300
107,800
60,599
198,594
49,081
700
23,776
34,450
12,270
62,150
1,575
48,672
153,934
$ 1,854,935
$ 210,268
508,267
200,000
1 ,124
250
5Q,000
60,000
l
1963 G.O. Bond Debt Service
$ 9,155
1965 G.O. Bond Debt Service - Parks
74,835
1965 G.O. Refunding Bond Debt Service - Civic Center
38,273
Water -Sewer Bonds - Debt Service
543,890
1971 Swimming Pool Bond Debt Service
25,635
T.O.P.I.C.S.
115,000
U.A.B. # 2 - 9th Avenue
50,000
U.R.B. # 6 - 228th St. S.W.
35,000
Senior Center Construction
430,100
Park Improvement
20,000
Sidewalk & Trail Improvement
20,000
Water -Sewer Fund
1,162,371
Utilities Construction
300,000
Equipment Rental Fund
241,350
L.I.D. Guaranty
101,500
Firemen's Pension
118,230
Contingency Fund
145,094
Driver's Education Trust
30,000
L.I.D. Control
880,000
Sidewalk Construction
1,900
TOTAL EXPENDITURES
$ 7,227,177