Ordinance 1687ORDINANCE NO.
AN ORDINANCE ADOPTING THE FINAL BUDGET
OF THE CITY OF EDMONDS, FOR THE FISCAL
YEAR, COMMENCING JANUARY 1, 1974.
WHEREAS, on or before the first business day in the third
month prior to the beginning of January 1, 1974, the City Finance
Director and the City 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, 1974 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 Monday 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 1974 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:
W1 ffl
a�Il��.r �� � �
ATTEST:
CITY CLERK
PASSED BY THE CITY COUNCIL: December 4, 1973
FILED WITH THE CITY CLERK: December 4, 1973
PUBLISHED: December 12, 1973
- 2 -
1974 BUDGET
SUMMARY OF REVENUES
General Property Taxes
$ 9067148
General Sales Tax
2459000
Gross Receipts Tax on Utilities
2009766
Business Licenses and Permits
139880
Non -Business Licenses and Permits
499600
Federal Grants
3779465
Federal Shared Revenues
2007000
State Grants
4859000
State Shared Revenues
7059785
Grants from Local Units
219500
Payment in Lieu of Taxes
2319237
Charges for Service
972900
Water & Sewer Service
9792298
Fines & Forfeitures
1009250
Interest on Investments
1699056
Rental Income
142400
Sales of Fixed Assets
509750
Contributions from Public Enterprises
267159
Other Miscellaneous Revenues & Refunds
131,100
Sale of Bonds & Interest Bearing Warrants
197007000
Transfers
312?259
Other Non -Revenue Receipts & Interfund Loans
1497483
Equipment Rental Services
1961711
Estimated Cash on Hand
274819653
TOTAL RESOURCES $ 917277400
1974 BUDGET
SUMMARY OF EXPENDITURES
- GENERAL FUND & FEDERAL SHARED REVENUE
Mayor & Council
$ 267290
Mayor's Administrative Assistant
307711
City Clerk
437801
Finance Department
1262911
Police Department
6161074
Fire Department
2877895
Planning Department
527570
Building Department
429955
Engineering Department
1127580
Library (Federal Shared Revenue)
0
Building Maintenance
84,909
Parks & Recreation (Fed. Shared Revenue)
0
Swimming Pool
219396
Civil Service Commission
960
City Attorney
267287
Violations Bureau
357258
Civic Center
27000
Non -Departmental
477060
L.E.F.F. Disability Board
57500
Public Works Administration
629545
General Services
1697084
Park Maintenance
1949955
TOTAL GENERAL FUND & FEDERAL
SHARED REVENUE
$1, 989, 741
EMERGENCY EMPLOYMENT ACT FUND
271465
STREET DEPARTMENT
5347535
STREET ARTERIAL FUND
3907000
SPECIAL LIBRARY FUND
17180
DANGEROUS DRUG CONTROL CONTINGENCY FUND
250
UNDERGROUND WIRING CUMULATIVE RESERVE FUND
907000
PUBLIC TRANSPORTATION FUND
39000
FEDERAL SHARED REVENUE
2217360
1965 G. 0. BOND DEBT SERVICE - PARKS
421635
1965 G. 0. REFUNDING BOND DEBT SERVICE - CIVIC CENTER
379313
WATER/SEWER BONDS - DEBT SERVICE
176097959
1971 SWIMMING POOL BOND DEBT SERVICE
247960
1974 BUDGET
SUMMARY OF EXPENDITURES (CONTINUED)
1973 G. 0. BOND REDEMPTION
$ 81784
T. 0. P. I. C. S.
1521000
U. A. B. #1 - 76th
500
U. A. B. #2 - 9th Avenue
207000
U. A. B. 46 - 228th Street S. W.
357000
U. A. B. #7 - 220th
4007000
U. A. B. - 196th Avenue
129000
SENIOR CENTER CONSTRUCTION
507000
PARK IMPROVEMENT
407000
SIDEWALK & TRAIL IMPROVEMENT
207000
WATER/SEWER FUND
174447351
UTILITIES CONSTRUCTION
270007000
EQUIPMENT RENTAL FUND
3217684
L.I.D. GUARANTY
106,000
FIREMEN'S PENSION FUND
1277785
CONTINGENCY FUND
169898
TOTAL EXPENDITURES $ 917271400