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Ordinance 4334 1 ORDINANCE NO. 4334 AN ORDINANCE OF THE CITY OF EDMONDS, WASHINGTON, AMENDING ORDINANCE NO. 4313 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. 4313 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. 2 APPROVED: MAYOR, MIKE NELSON ATTEST/AUTHENTICATE: CITY CLERK, SCOTT PASSEY APPROVED AS TO FORM: OFFICE OF THE CITY ATTORNEY: BY JEFF TARADAY FILED WITH THE CITY CLERK: December 15, 2023 PASSED BY THE CITY COUNCIL: December 19, 2023 PUBLISHED: December 22, 2023 EFFECTIVE DATE: December 27, 2023 ORDINANCE NO. 4334 3 SUMMARY OF ORDINANCE NO. 4334 of the City of Edmonds, Washington On the 19th day of December, 2023, the City Council of the City of Edmonds, passed Ordinance No. 4334. A summary of the content of said ordinance, consisting of the title, provides as follows: AN ORDINANCE OF THE CITY OF EDMONDS, WASHINGTON, AMENDING ORDINANCE NO. 4313 AS A RESULT OF UNANTICIPATED TRANSFERS AND EXPENDITURES OF VARIOUS FUNDS, AND FIXING A TIME WHEN THE SAME SHALL BECOME EFFECTIVE. The full text of this Ordinance will be mailed upon request. DATED this 19th day of December, 2023. CITY CLERK, SCOTT PASSEY EXHIBIT “A”: Budget Amendment Summary (December 2023) 4 2023 2023 FUND FUND BEGINNING ENDING NO.DESCRIPTION FUND BALANCE REVENUE EXPENDITURES FUND BALANCE 001 GENERAL FUND 11,902,952 52,558,830 63,983,894 477,888 009 LEOFF-MEDICAL INS. RESERVE 216,864 225,000 367,140 74,724 011 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 11,701 - 5,900 5,801 016 BUILDING MAINTENANCE 4,296,604 17,480 1,275,000 3,039,084 017 MARSH RESTORATION & PRESERVATION FUND 849,766 - - 849,766 018 EDMONDS HOMELESSNESS RESPONSE FUND 200,000 - - 200,000 019 EDMONDS OPIOID RESPONSE FUND 49,007 - - 49,007 104 DRUG ENFORCEMENT FUND 67,570 167,650 45,800 189,420 111 STREET FUND 408,684 2,415,410 2,746,179 77,915 112 COMBINED STREET CONST/IMPROVE 2,439,505 12,366,800 11,273,695 3,532,610 117 MUNICIPAL ARTS ACQUIS. FUND 634,888 99,220 207,380 526,728 120 HOTEL/MOTEL TAX REVENUE FUND 94,864 84,400 95,400 83,864 121 EMPLOYEE PARKING PERMIT FUND 75,032 38,960 26,880 87,112 122 YOUTH SCHOLARSHIP FUND 15,208 1,660 3,000 13,868 123 TOURISM PROMOTIONAL FUND/ARTS 115,171 30,440 28,500 117,111 125 PARK ACQ/IMPROVEMENT 3,217,015 2,320,090 4,315,418 1,221,687 126 SPECIAL CAPITAL FUND 3,949,979 2,302,980 2,627,383 3,625,576 127 GIFTS CATALOG FUND 3,063,792 232,490 551,598 2,744,684 130 CEMETERY MAINTENANCE/IMPROV 268,169 150,960 291,530 127,599 136 PARKS TRUST FUND 161,439 5,460 216,062 (49,163) 137 CEMETERY MAINTENANCE TRUST FD 1,103,300 51,500 50,000 1,104,800 138 SISTER CITY COMMISSION 19,895 10,430 11,900 18,425 140 BUSINESS IMPROVEMENT DISTRICT FUND 39,784 88,645 88,575 39,854 141 AFFORDABLE & SUPPORTIVE HOUSING FUND 234,566 65,000 - 299,566 142 EDMONDS RESCUE PLAN FUND 64,588 1,879,000 1,879,000 64,588 143 TREE FUND 226,300 215,100 239,800 201,600 211 LID FUND CONTROL - - - - 231 2012 LTGO DEBT SERVICE FUND - 309,800 309,800 - 332 PARKS CONSTRUCTION 207,683 2,713,902 2,255,647 665,938 421 WATER 31,888,623 11,950,114 11,949,308 31,889,429 422 STORM 18,071,732 9,095,452 8,525,900 18,641,284 423 SEWER / TREATMENT PLANT 62,999,334 16,895,408 18,972,999 60,921,743 424 BOND RESERVE FUND 843,961 1,991,860 1,989,820 846,001 511 EQUIPMENT RENTAL FUND 9,395,801 4,344,498 5,057,583 8,682,716 512 Technology Rental Fund 962,502 1,647,271 2,022,460 587,313 Totals 159,903,429 124,723,332 141,438,551 143,188,210 EXHIBIT “B”: Budget Amendments by Revenue (December 2023) 5 Adopted Adopted Adopted Adopted Adopted Proposed 2023 Budget Amendment Amendment Amendment Amendment Amendment Amended FUND FUND Ord. #4289 Ord. #4297 Ord. #4300 Ord. #4310 Ord. #4313 Ord. #Revenue NO.DESCRIPTION 1/1/2023 3/2/2023 4/25/2023 6/20/2023 7/25/2023 Budget 001 General Fund 49,991,791$ 360,954$ 834,000$ -$ 1,372,085$ -$ 52,558,830$ 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 - - - 200,000 400,000 2,415,410 112 Combined Street Const/Improve 8,308,065 2,776,000 1,282,735 - - - 12,366,800 117 Municipal Arts Acquis. Fund 98,098 - - - 1,122 - 99,220 118 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 - - - 97,150 - 232,490 130 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 - 210,000 - 1,879,000 143 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 - - 75,000 - 9,095,452 423 Sewer / Treatment Plant 15,898,844 - - - 996,564 - 16,895,408 424 Bond Reserve Fund 1,991,860 - - - - - 1,991,860 511 Equipment Rental Fund 4,188,740 - - - 65,000 90,758 4,344,498 512 Technology Rental Fund 1,413,372 67,822 - - 152,937 13,140 1,647,271 617 Firemen'S Pension Fund - - - - - - - Totals 112,956,801$ 5,108,518$ 2,984,257$ -$ 3,169,858$ 503,898$ 124,723,332$ EXHIBIT “C”: Budget Amendment by Expenditure (December 2023) 6 Adopted Adopted Adopted Adopted Adopted Proposed 2023 Budget Amendment Amendment Amendment Amendment Amendment Amended FUND FUND Ord. #4289 Ord. #4297 Ord. #4300 Ord. #4310 Ord. #4313 Ord. #Expenditure NO.DESCRIPTION 1/1/2023 3/2/2023 4/25/2023 6/20/2023 7/25/2023 Budget 001 General Fund 55,716,788$ 1,970,899$ 4,093,110$ -$ 2,189,957$ 13,140$ 63,983,894$ 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 - 162,765 - 2,746,179 112 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 - 426,871 400,000 2,627,383 127 Gifts Catalog Fund 497,598 - - - 54,000 - 551,598 130 Cemetery Maintenance/Improv 249,413 - - - 42,117 - 291,530 136 Parks Trust Fund - 43,842 - - 172,220 - 216,062 137 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 - 210,000 - 1,879,000 143 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 - 130,197 - 11,949,308 422 Storm 7,603,123 483,840 205,414 - 233,523 - 8,525,900 423 Sewer / Treatment Plant 15,381,246 650,000 457,699 - 2,484,054 - 18,972,999 424 Bond Reserve Fund 1,989,820 - - - - - 1,989,820 511 Equipment Rental Fund 3,695,807 671,411 64,640 - 534,967 90,758 5,057,583 512 Technology Rental Fund 1,617,205 67,822 68,400 - 190,197 78,836 2,022,460 617 Firemen'S Pension Fund - - - - - - - Totals 116,145,678$ 10,586,547$ 7,292,724$ -$ 6,830,868$ 582,734$ 141,438,551$ EXHIBIT “D”: Budget Amendment Summary (December 2023) 7 Fund Number Proposed Amendment Change in Revenue Proposed Amendment Change in Expense Proposed Amendment Change in Ending Fund Balance 001 - 13,140 (13,140) 111 400,000 - 400,000 126 - 400,000 (400,000) 511 90,758 90,758 - 512 13,140 78,836 (65,696) Total Change 503,898 582,734 (78,836)