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Ordinance 26750006.03015 WSS:imm 06/08/88 ORDINANCE NO. 2675 AN ORDINANCE OF THE CITY OF EDMONDS, WASHINGTON, AMENDING THE 1988 BUDGET BY AMENDING ORDINANCE NO. 2648, PASSED BY `.HE CITY COUNCIL ON DECEMBER 29, 1987, TO TRANSFEP MONIES FROM SPECIFIED FUNDS TO OTHER SPECIFIED CITY FUNDS, AND FIXING A TIME WHEN THE SAME SHALL BECOME EFFECTIVE. WHEREAS, the City is required by applicable State law to finalize its innual budget prior to the commencement of `he fiscal year, and WHEREAS, the amounts of revenue and appropriation can only be estimated at the time of finalization of said budget, and WHEREAS, this ordinance has been on file with the City Clerk and the public was given an opportunity to comment prior to the adoption of this ordinance, and WHEREAS, the City Council finds that it is in the best interest of the City to make expenditures and adjustments to various funds as set forth below, that such expenditures and adjustments will be in the best interest of the public health, safety, and general welfare and that these expenditures and adjustments could not reasonably have been anticipated at the time of the passage of the 1988 budget, now, therefore, THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON, DO ORDAIN Aa FOLLOWS: Section 1. Section 2 of Ordinance No. 2649 passed by :he City Council on December 29, 1987, and the budget, attached WSS50686O -1- thereto as Exhibit A and incorporated by reference in that ordinance showing the schedule of revenues and appropriations for each individual fund and the aggregate totals therecf, are hereby amended as follows: A. General Fund #001 increase the beginning cash balance by $25,868 as a result of unanti.-ipated cash carryover; revenues by $158,732, which includes transfers from Council Contingency Fund totaling $149,626; and expenditures of following departments/divisions: Accounting Accounting #320 City Clerk #340 Von -Department #390 Police #410 Police #410 Police #410 Fire #510 Comm. Services Adatin #610 Engineering #630 Grounds Maintenance #652 Purpose Amount Temporary employee $ 4,000 Purchase copier 18,434 Ecin. DPvel. Council dues 900 Additional officer 17,036 Cadet for DARE program 3,950 Hospital security 6,656 Additional firemen (3) 79,820 Additional funds for copier 1,434 Additional engineer -)1,850 New supervisor positio:: 16,520 TOTAL ;184,600 B. Street Fund #111 increase revenues by $16,400 as a -esult of a transfer from the Council Contingency Fund #119 fot an additional maintenance person and expenditures by $23,425. Decrease ending cash balance by $7,025 to pay for employee union settlement. C. Council Contingency Fund #119 increase expenditures (transfers to the various funds) by $283,976 and decrease ending cash balance in like amount. D. Convention/Performing Arts ^und #12t increase expenditures and decrease ending cash balance by $13398 to fund the following: WSS50686O �- Purpose Amount Soundsations trip to Japan $ 2,000 Promotional brochures 1,250 Video production 91000 Year end distribution adj. to Fund #121 724 Year end distribution adj. to Fund #123 724 TOTA?, $13 , 698 E. Tourism/Promotional Fund #121 increase revenues (transfers from the Convention/Performing Arts Fund #120) and expenditures by $16,224 in order to establish a new fund for Lhe prescribed purpose. F. Tourism/Promotional Fund #123 increase revenues and expenditures by $724 in order to reflect the transfer from the Convention/Performing Art Fund #120 for year end distribution adjustment. G. Off -Street Parking Fund #124 ',ncrease revenues by $1,000 for parking permits, expenditures by $11,500 for meeting the lease requirement on the police parking garage/lot, and decrease ending cash balance by $10,500 for funding the expenditures. H. Part Acquisition/Improvement Fund #125 increase revenues by $2,400 which includes a transfer of $1,200 from the Council Contingency Fund #119 for the equestrian facility study, expenditures by $14,400. Decrease ending cash balance by $12,000 to pay for asbestos removal at Meadowdale Clubhouse. I. Gift Catalog Fund #127 increase revenues and expenditures by $3,000 in order to establish a new fund for the prescribed purpose. J. Capital Project Fund #325 increas- expenditures and decrease ending cash balance by $10,000 to pay for the additional cost to construct the fire station shed at Five Corners. K. Water -Sewer Fund #411 increase expenditures and decrease ending cash balance by $11,346 to pay for employee union settlement. L. Water -Sewer Construction Fund #412 increase revenues by $116,750 as a result of a transfer from the Council Contingency Fund #119, expenditures by $233,500, and decrease ending cash balance by $116,750 to pay for the acquisition of public works maintenance storage property. M. Equipment Rental Fund #511 increase expenditures and decrease ending cash balance by $2,141 to pay for employee union settlement. WSS506860 - 3- Section 2. The Finance Director is hereby authori and instructed to effectuate the necessary changes to the 1 budget and to make all necessary and appropriate line item entries and adjustments as set forLh in Section 1 of this ordinance. The summary of the budget adjustments shall be as set forth on Exhibit A of this ordinance incorporated by reference <-s if herei- set forth. Section 3. This ordinance is hereby declared to be an emergency measure, under authority of RCW 35A.33.090, to meet the pressing and unforeseen needs of the City herein detailed. The ordinance having been filed with the City Clerk for five (5) days prior to _ts passage shall be in full force and effect five 15) days after its passage by a vote of one more than a majority of all members of the City Council and publication as provided for by law. APPROVED: MA Y AUG EN ATTEST/AUTHENTICATED: CI�-CLERK.ACQ6ELINE G. PARRETT APPROVED AS TO FORM: OFFICE OF THE CITY ATTORNEY: BY r T WSS506860 -4- FILED WITH THE CITY CLERK: June 9, 1988 PASSED BY THE CITY COUNCIL: June 21, 1988 PUBLISHED: June 26, 1988 EFFECTIVE DATE: June 26, 1988 ORDINANCE NO. 2675 WSS50686O -5- Exhibit A BUDGET SUMMARY 1988 BEGINNING ENDING CASH + REVENUE - EXPENDITURES = CASH 001 General Fund $ 512,968 9,390,082 9,822,950 80,000 002 Cumulative Reserve/Gen.Fd. 250,000 22,000 22.000 250,000 005 Reserve Fire/Aid Vehicle 73,460 40,000 -9- 113,460 006 Emergency Fin.Res./1987 107,900 59,100 -O- 167,000 110 Street - FAM -0- 191,000 191,000 -0- III Street Fund 104,400 833,100 929,525 7,975 112 Street Arterial Ftmd 232,500 234,300 301,000 165,800 113 FASP-Fed.Aid Safetv Proj. -0- 60,000 60,000 -0- 115 Underqround mire Comm.Res. 8,460 340 2,500 6,300 116 Building Maintenance 89,500 78,000 142,500 25,000 117 Municipal Arts Fund 30,480 2r,250 26,175 29,555 118 Memorial Tree Fund 8,725 1,400 2,JOO 8,125 119 Council Contingency Fund 43,891 527,662 20,976 287,577 120 Conv/Perf. Arts Centk•r 29,634 26,000 42,698 12,936 121 Tourism Promotion Fund - Arts -0- 1C,224 16,224 -0- 12? Youth Scholarship Fund 280 650 650 280 Tourism Promotion Fund 4,565 7,959 7,924 4;6OG lc4 Off-Stree' Parking Fund 55,835 12,400 11,500 56,735 125 Park Acquisition/Improvement 125,536 235,900 338,650 22,786 127 Gift Cataloc -0- 3,000 3,000 -0- 130 Cemetery Improvement Fund 16,605 52,500 58,875 10,230 191 Shared Revenu( - Comm. Dev. -0- 100,000 100,000 -0- 216 Swimming Pool Bond Issue -O- 19,900 19,900 -0- 211 1973 G.O. Lind Redemption -0- 15,398 15,398 -0- 218 1980 G.O. Bond Anderson Ctr. -0- 369,253 369,253 -0- 323 Street Beautification, 900 15,000 15,900 -0- 325 Capital Improvement Fund 203,000 117,500 717,000 103,500 411 Utilities Operation 2,826,395 4,483,000 5,079,505 ",229,890 412 Utilities Construction 527,000 1,597,750 1,875,500 249,250 413 Bond Cash Reserve 881,331 682,594 640,058 923,867 416 Secondary Treatment Const. -0- 7,306,100 4,082,000 3,224,100 511 Equipment Rental Fund 1,493,900 604,000 626,056 1,471,844 610 Cemetery Maintenance Fund 62,000 11,000 -0- 73,000 614 Special Library Fund 910 1,240 1,265 885 617 Firemen's Pension Fund 369,000 49,000 16,000 402,000 624 Fire Boat Operation Fund 11,592 408 8,000 4,000 625 Edmonds Centennial fund 2,000 7,000 7,000 2,000 IOTALS $8,072,667 ----------- ----------- $27,196,010 ------------ ------------ $25,335,982 ------------- ------------ $9,932,695 ----------- ----------- EXHIBTA.R2/TXTBGT88