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Ordinance 4300 1 ORDINANCE NO. 4300 AN ORDINANCE OF THE CITY OF EDMONDS, WASHINGTON, AMENDING ORDINANCE NO. 4297 AS A RESULT OF UNANTICIPATED TRANSFERS AND EXPENDITURES OF VARIOUS FUNDS, AND FIXING A TIME WHEN THE SAME SHALL BECOME EFFECTIVE. WHEREAS, previous actions taken by the City Council require Interfund Transfers and increases in appropriations; and WHEREAS, state law requires an ordinance be adopted whenever money is transferred from one fund to another; and WHEREAS, the City Council has reviewed the amended budget appropriations and information which was made available; and approves the appropriation of local, state, and federal funds and the increase or decrease from previously approved programs within the 2023 Budget; and WHEREAS, the applications of funds have been identified; THEREFORE, THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON, DO ORDAIN AS FOLLOWS: Section 1. Section 1. of Ordinance No. 4297 amending the final budget for the fiscal year 2023 is hereby amended to reflect the changes shown in Exhibits A, B, C, and D adopted herein by reference. Section 2. Effective Date. This ordinance, being an exercise of a power specifically delegated to the City legislative body, is not subject to referendum, and shall take effect five (5) days after passage and publication of an approved summary thereof consisting of the title. EXHIBIT “A”: Budget Amendment Summary (April 2023) 4 2023 2023 FUND FUND BEGINNING ENDING NO.DESCRIPTION FUND BALANCE REVENUE EXPENDITURES FUND BALANCE 001 GENERAL FUND 16,714,223 51,186,745 61,780,797 6,120,171 009 LEOFF-MEDICAL INS. RESERVE 194,409 225,000 367,140 52,269 011 RISK MANAGEMENT RESERVE FUND 25,000 - 25,000 - 012 CONTINGENCY RESERVE FUND 1,782,150 447,522 - 2,229,672 014 HISTORIC PRESERVATION GIFT FUND 10,522 - 5,900 4,622 016 BUILDING MAINTENANCE 3,739,645 17,480 1,275,000 2,482,125 017 MARSH RESTORATION & PRESERVATION FUND 848,617 - - 848,617 018 EDMONDS HOMELESSNESS RESPONSE FUND - - - - 019 EDMONDS OPIOID RESPONSE FUND - - - - 104 DRUG ENFORCEMENT FUND 196,584 167,650 45,800 318,434 111 STREET FUND 547,114 1,815,410 2,583,414 (220,890) 112 COMBINED STREET CONST/IMPROVE 2,669,390 12,366,800 11,273,695 3,762,495 117 MUNICIPAL ARTS ACQUIS. FUND 705,480 98,098 207,380 596,198 120 HOTEL/MOTEL TAX REVENUE FUND 54,624 84,400 95,400 43,624 121 EMPLOYEE PARKING PERMIT FUND 76,184 38,960 26,880 88,264 122 YOUTH SCHOLARSHIP FUND 12,808 1,660 3,000 11,468 123 TOURISM PROMOTIONAL FUND/ARTS 97,362 30,440 28,500 99,302 125 PARK ACQ/IMPROVEMENT 3,513,005 2,320,090 4,315,418 1,517,677 126 SPECIAL CAPITAL FUND 3,771,542 2,302,980 1,800,512 4,274,010 127 GIFTS CATALOG FUND 3,176,109 135,340 497,598 2,813,851 130 CEMETERY MAINTENANCE/IMPROV 267,890 150,960 249,413 169,437 136 PARKS TRUST FUND 166,760 5,460 43,842 128,378 137 CEMETERY MAINTENANCE TRUST FD 1,175,601 51,500 50,000 1,177,101 138 SISTER CITY COMMISSION 13,869 10,430 11,900 12,399 140 BUSINESS IMPROVEMENT DISTRICT FUND 20,801 88,645 88,575 20,871 141 AFFORDABLE & SUPPORTIVE HOUSING FUND 224,414 65,000 - 289,414 142 EDMONDS RESCUE PLAN FUND 44,888 1,669,000 1,669,000 44,888 143 TREE FUND 236,162 215,100 239,800 211,462 211 LID FUND CONTROL - - - - 231 2012 LTGO DEBT SERVICE FUND - 309,800 309,800 - 332 PARKS CONSTRUCTION 322,129 2,713,902 2,255,647 780,384 421 WATER 30,924,419 11,950,114 11,819,111 31,055,422 422 STORM 15,101,336 9,020,452 8,292,377 15,829,411 423 SEWER / TREATMENT PLANT 57,120,908 15,898,844 16,488,945 56,530,807 424 BOND RESERVE FUND 843,951 1,991,860 1,989,820 845,991 511 EQUIPMENT RENTAL FUND 9,730,472 4,188,740 4,431,858 9,487,354 512 Technology Rental Fund 693,587 1,481,194 1,753,427 421,354 Totals 155,021,955 121,049,576 134,024,949 142,046,582 EXHIBIT “B”: Budget Amendments by Revenue (April 2023) 5 Adopted Adopted Proposed 2023 Budget Amendment Amendment Amended FUND FUND Ord. #4289 Ord. #4297 Ord. #Revenue NO.DESCRIPTION 1/1/2023 3/2/2023 Budget 001 General Fund 49,991,791$ 360,954$ 834,000$ 51,186,745$ 009 Leoff-Medical Ins. Reserve 225,000 - - 225,000 011 Risk Management Reserve Fund - - - - 012 Contingency Reserve Fund - - 447,522 447,522 014 Historic Preservation Gift Fund - - - - 016 Building Maintenance Fund 17,480 - - 17,480 017 Marsh Restoration & Preservation Fund - - - - 018 Edmonds Homelessness Response Fund - - - - 019 Edmonds Opioid Response Fund - - - - 104 Drug Enforcement Fund 167,650 - - 167,650 111 Street Fund 1,815,410 - - 1,815,410 112 Combined Street Const/Improve 8,308,065 2,776,000 1,282,735 12,366,800 117 Municipal Arts Acquis. Fund 98,098 - - 98,098 118 Memorial Street Tree - - - - 120 Hotel/Motel Tax Revenue Fund 84,400 - - 84,400 121 Employee Parking Permit Fund 38,960 - - 38,960 122 Youth Scholarship Fund 1,660 - - 1,660 123 Tourism Promotional Fund/Arts 30,440 - - 30,440 125 Park Acq/Improvement 2,320,090 - - 2,320,090 126 Special Capital Fund 2,302,980 - - 2,302,980 127 Gifts Catalog Fund 135,340 - - 135,340 130 Cemetery Maintenance/Improv 150,960 - - 150,960 136 Parks Trust Fund 5,460 - - 5,460 137 Cemetery Maintenance Trust Fd 51,500 - - 51,500 138 Sister City Commission 10,430 - - 10,430 140 Business Improvement District Fund 88,645 - - 88,645 141 Affordable and Supportive Housing Fund 65,000 - - 65,000 142 Edmonds Rescue Plan Fund 1,249,000 - 420,000 1,669,000 143 Tree Fund 215,100 - - 215,100 211 Lid Fund Control - - - - 231 2012 LTGO Debt Service fund 309,800 - - 309,800 332 Parks Construction 927,205 1,786,697 - 2,713,902 421 Water 11,950,114 - - 11,950,114 422 Storm 8,903,407 117,045 - 9,020,452 423 Sewer / Treatment Plant 15,898,844 - - 15,898,844 424 Bond Reserve Fund 1,991,860 - - 1,991,860 511 Equipment Rental Fund 4,188,740 - - 4,188,740 512 Technology Rental Fund 1,413,372 67,822 - 1,481,194 617 Firemen'S Pension Fund - - - - Totals 112,956,801$ 5,108,518$ 2,984,257$ 121,049,576$ EXHIBIT “C”: Budget Amendment by Expenditure (April 2023) 6 Adopted Adopted Proposed 2023 Budget Amendment Amendment Amended FUND FUND Ord. #4289 Ord. #4297 Ord. #Expenditure NO.DESCRIPTION 1/1/2023 3/2/2023 Budget 001 General Fund 55,716,788$ 1,970,899$ 4,093,110$ 61,780,797$ 009 Leoff-Medical Ins. Reserve 367,140 - - 367,140 011 Risk Management Reserve Fund 25,000 - - 25,000 012 Contingency Reserve Fund - - - - 014 Historic Preservation Gift Fund 5,900 - - 5,900 016 Building Maintenance Fund 1,215,000 60,000 - 1,275,000 017 Marsh Restoration & Preservation Fund - - - - 018 Edmonds Homelessness Response Fund - - - - 019 Edmonds Opioid Response Fund - - - - 104 Drug Enforcement Fund 45,800 - - 45,800 111 Street Fund 2,350,969 - 232,445 2,583,414 112 Combined Street Const/Improve 7,214,960 2,776,000 1,282,735 11,273,695 117 Municipal Arts Acquis. Fund 182,880 24,500 - 207,380 118 Memorial Street Tree - - - - 120 Hotel/Motel Tax Revenue Fund 95,400 - - 95,400 121 Employee Parking Permit Fund 26,880 - - 26,880 122 Youth Scholarship Fund 3,000 - - 3,000 123 Tourism Promotional Fund/Arts 28,500 - - 28,500 125 Park Acq/Improvement 2,473,362 1,589,536 252,520 4,315,418 126 Special Capital Fund 1,631,812 137,000 31,700 1,800,512 127 Gifts Catalog Fund 497,598 - - 497,598 130 Cemetery Maintenance/Improv 249,413 - - 249,413 136 Parks Trust Fund - 43,842 - 43,842 137 Cemetery Maintenance Trust Fd 25,000 25,000 - 50,000 138 Sister City Commission 11,900 - - 11,900 140 Business Improvement District Fund 88,575 - - 88,575 141 Affordable and Supportive Housing Fund - - - - 142 Edmonds Rescue Plan Fund 1,249,000 - 420,000 1,669,000 143 Tree Fund 239,800 - - 239,800 211 Lid Fund Control - - - - 231 2012LTGO Debt Service Fund 309,800 - - 309,800 332 Parks Construction 468,950 1,786,697 - 2,255,647 421 Water 11,335,050 300,000 184,061 11,819,111 422 Storm 7,603,123 483,840 205,414 8,292,377 423 Sewer / Treatment Plant 15,381,246 650,000 457,699 16,488,945 424 Bond Reserve Fund 1,989,820 - - 1,989,820 511 Equipment Rental Fund 3,695,807 671,411 64,640 4,431,858 512 Technology Rental Fund 1,617,205 67,822 68,400 1,753,427 617 Firemen'S Pension Fund - - - - Totals 116,145,678$ 10,586,547$ 7,292,724$ 134,024,949$ EXHIBIT “D”: Budget Amendment Summary (April 2023) 7 Fund Number Proposed Amendment Change in Revenue Proposed Amendment Change in Expense Proposed Amendment Change in Ending Fund Balance 001 834,000 4,093,110 (3,259,110) 012 447,522 - 447,522 111 - 232,445 (232,445) 112 1,282,735 1,282,735 - 125 - 252,520 (252,520) 126 - 31,700 (31,700) 127 - - - 136 - - - 142 420,000 420,000 - 421 - 184,061 (184,061) 422 - 205,414 (205,414) 423 - 457,699 (457,699) 511 - 64,640 (64,640) 512 - 68,400 (68,400) Total Change 2,984,257 7,292,724 (4,308,467)