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Ordinance 26000006.03004 jt 11/12/86 R: 12/11/86na ORDINANCE NO. 2600 AN ORDINANCE OF THE CITY OF EDMONDS, WASHINGTON, ADOPTING THE FINAL BUDGET OF THE CITY FOR THE FISCAL YEAR COMMENCING JANUARY 1, 1987. WHEREAS, on or before the first business day in the third month prior to the beginning of the fiscal year of 1987, the City Clerk submitted to the Mayor the estimates of revenues and expenditures for the next fiscal year as required by law, and WHEREAS, the Mayor reviewed the estimates and made such revisions and/or additions as deemed advisable and prior to sixty days before January 1, 1987, filed the said revised preliminary budget with the City Clerk together with his budget message, as his recommendation for the final budget, and WHEREAS, the City Clerk provided sufficient copies of such preliminary budget and budget message to meet the reasonable demands of taxpayers therefore and published and posted notice of filing and the availability of said preliminary budget together with the date of a public hearing for the purpose of fixing a final budget, all as required by law, and WHEREAS, the City Council scheduled hearings on the preliminary budget for the purpose of providing information regarding estimates and programs, and WHEREAS, the City Council did meet on November 18, 1986, which was on or before the first Monday of the month next preceding the beginning of the ensuing fiscal year, for the pur- pose of fixing a 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 1987, a copy of which has been and now is on file with the office of the City Clerk, by this reference is hereby incorporated herein as if set forth in full and said final budget shall be and the same is hereby adopted in full. Section 2. Attached hereto and identified as Exhi- bit A, in summary form, are the totals of estimated revenues and appropriations for each separate fund and the aggregate totals for all such funds combined, and by this reference said Exhibit A is incorporated herein as if set forth in full. Section 3. A complete copy of the final budget for 1987, as adopted, together with a copy of this adopting ordinance shall be transmitted by the City Clerk to the Division of Munici- pal Corporations of the office of the State Auditor and to the Association of Washington Cities. - 2 - Section 4. This ordinance is a legislative act delegated by statute to the City Council of the City of Edmonds, is not subject to referendum and shall take effect January 1, 1987. PPP ..;�—jlliwl A& � . ATTEST/AUTHENTICATED: CITY ERK, J CQ INE G. PARRETT 'AtAPPROVED AS TO FORM: OFFICE OF THE TY ATTORNEY: -4 BY � � i� , _ FILED WITH THE CITY CLERK: December 12, 1986 PASSED BY THE CITY COUNCIL: December 23, 1986 PUBLISHED: December 28,1986 EFFECTIVE DATE: January 1, 1987 ORDINANCE NO. 2600 - 3 - Exhibit A BUDGET SUMMARY 1987 BEGINNING ENDING CASH + REVENUE - EXPENDITURES = CASH 001 General Fund $ 144,100 8,641,750 8,735,850 50,000 002 Cumulative Reserve/Gen.Fd. 250,000 18,000 18,000 250,000 005 Reserve Fire/Aid Vehicle 93,529 7,000 36,000 64,529 006 Emergency Fin.Res./1987 101,505 -0- -0- 101,505 110 Street - FAM -0- 495,000 495,000 -0- 111 Street Fund 110,700 753,400 864,100 -0- 112 Street Arterial Fund 302,255 231,800 379,000 155,055 113 FASP-Fed.Aid Safety Proj. -0- 90,000 90,000 -0- 115 Underground Wire Comm.Res. 10,175 600 -0- 10,775 116 Building Maintenance 31,200 14,200 45,400 -0- 117 Municipal Arts Fund 18,606 2,250 15,125 5,731 118 Memorial Street Tree 6,580 600 200 6,980 119 Council Contingency Fund 91,291 -0- 20,000 71,291 120 Conv/Perf. Arts Center 26,730 20,000 22,510 24,220 122 Youth Scholarship Fund 295 1,010 500 805 123 Tourism Promotion Fund 200 5,000 5,000 200 124 Off -Street Parking Fund 46,520 9,800 -0- 56,320 125 Park Acquisition/Improvement 29,070 194,000 200,000 23,070 130 Cemetery Improvement Fund 26,300 63,000 88,210 1,090 191 Shared Revenue - Comm. Dev. -0- 180,000 180,000 -0- 216 Swimming Pool Bond Issue -0- 20,860 20,860 -0- 217 1973 G.O. Bond Redemption -0- 16,189 16,189 -0- 218 1980 G.O. Bond Anderson Ctr. -0- 370,953 370,953 -0- 219 1984 G.O. Bond Computer -0- 36,025 36,025 -0- 323 Street Beautification 600 10,000 10,600 -0- 325 Capital Improvement Fund 172,400 68,100 222,500 18,000 411 Utilities Operation 3,009,573 4,818,500 5,586,841 2,241,232 412 Utilities Construction 852,244 619,000 1,458,000 13,244 413 Bond Cash Reserve 863,805 647,606 622,547 888,864 511 Equipment Rental Fund 1,325,448 587,612 397,771 1,515,289 614 Special Library Fund 700 50 200 550 617 Firemen's Pension Fund 343,235 46,000 15,000 374,235 624 Fire Boat Operation Fund 1,203 150 1,353 -0- TOTALS $7,858,264 ----------- ----------- $17,968,455 ------------ ------------ $19,953,734 ------------ ------------ $5,872,985 ----------- ----------- STATE OF WASHINGTON, COUNTY OF SNOHOMISH, UO ., THE NOS TINd-,r_.. OF SCAL ZING 4. Estoblishes -a by the `City eh. meeting 6f City 'Cl�erklNE.PARREtT:';: Dubllshed: Dec. 28, 1986. SS. Affidavit of Publication The undersigned, being first duly sworn on oath deposes and says that she is Principal Clerk of THE HERALD, a daily newspaper printed and published in the City of Everett, County of Snohomish, and State of Washington; that said newspaper is a newspaper of general circulation in said County and State; that said newspaper has been approved as a legal newspaper by order of the Superior Court of Snohomish County and that the notice ........................................ NOTICE OF ORDINANCE ................................................................................................................................... ---- -- ------......................................................................................................................... a printed copy of which is hereunto attached, was published in said newspaper proper and not in supplement form, in the regular and entire edition of said paper on the following days and times, namely: ................. D.E CEMBER.2$.th......19 B.6........----...........................................---------- ...................................................................................................................................... and that said newspaper was regularly distributed to its subscribers during all of said period. ... ................. ......... ....................... 1............ .------...................------. Principal Clerk Subscribed and sworn to before me this ....29th. day of ...... DECEMBER.................: ....................... 19.. 86. i � J Notayy ,, Public i,h and for the State of Washington, res ding at Everett, Snohomish County. B - 2 - I