Ordinance 4002
1
ORDINANCE NO. 4002
AN ORDINANCE OF THE CITY OF EDMONDS, WASHINGTON,
AMENDING ORDINANCE NO. 3998 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 2015
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. 3998 adopting the final budget for the
fiscal year 2015 is hereby amended to reflect the changes shown in Exhibits A, B, C, D, E, and F
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
EXHIBIT “A”: Budget Amendment Summary (July 2015)
4
2015 2015
FUND FUND BEGINNING ENDING
NO.DESCRIPTION FUND BALANCE REVENUE EXPENDITURES FUND BALANCE
001 GENERAL FUND 5,964,686 36,995,841 39,294,271 3,666,256
009 LEOFF-MEDICAL INS. RESERVE 518,557 276,200 361,825 432,932
011 RISK MANAGEMENT RESERVE FUND 724,375 1,180 - 725,555
012 CONTINGENCY RESERVE FUND 4,563,491 19,800 800,000 3,783,291
013 MULTIMODAL TRANSPORTATION FD.55,859 - - 55,859
014 HISTORIC PRESERVATION GIFT FUND 1,062 9,500 9,900 662
016 BUILDING MAINTENANCE 215,149 708,000 793,800 129,349
104 DRUG ENFORCEMENT FUND 42,632 43,000 76,033 9,599
111 STREET FUND 208,647 1,729,030 1,703,419 234,258
112 COMBINED STREET CONST/IMPROVE 305,230 8,301,935 8,421,704 185,461
117 MUNICIPAL ARTS ACQUIS. FUND 408,637 101,559 152,775 357,421
118 MEMORIAL STREET TREE 17,764 61 - 17,825
120 HOTEL/MOTEL TAX REVENUE FUND 112,841 67,675 70,000 110,516
121 EMPLOYEE PARKING PERMIT FUND 55,412 20,564 26,871 49,105
122 YOUTH SCHOLARSHIP FUND 12,938 1,240 3,000 11,178
123 TOURISM PROMOTIONAL FUND/ARTS 75,297 22,900 21,500 76,697
125 PARK ACQ/IMPROVEMENT 1,989,184 904,000 2,515,000 378,184
126 SPECIAL CAPITAL FUND 689,893 902,000 943,400 648,493
127 GIFTS CATALOG FUND 248,128 54,478 51,795 250,811
129 SPECIAL PROJECTS FUND 15,922 - - 15,922
130 CEMETERY MAINTENANCE/IMPROV 90,325 164,500 171,784 83,041
132 PARKS CONSTRUCTION 1,065,746 5,498,765 6,005,443 559,068
136 PARKS TRUST FUND 150,868 533 - 151,401
137 CEMETERY MAINTENANCE TRUST FD 848,760 11,970 - 860,730
138 SISTER CITY COMMISSION 3,190 10,212 10,400 3,002
139 TRANSPORTATION BENEFIT DISTRICT - 650,000 650,000 -
211 LID FUND CONTROL 5,967 22,600 28,567 -
213 LID GUARANTY FUND 76,581 28,627 - 105,208
231 2012 LTGO DEBT SERVICE FUND - 667,693 667,693 -
232 2014 DEBT SERVICE FUND - 925,310 925,310 -
421 WATER 5,693,945 13,477,660 10,682,593 8,489,012
422 STORM 4,736,346 7,672,137 7,137,109 5,271,374
423 SEWER / TREATMENT PLANT 9,585,482 19,820,651 15,836,228 13,569,905
424 BOND RESERVE FUND 843,959 1,343,102 1,344,102 842,959
511 EQUIPMENT RENTAL FUND 5,520,333 1,519,185 1,717,825 5,321,693
617 FIREMEN'S PENSION FUND 179,364 65,350 77,629 167,085
Totals 45,026,570 102,037,258 100,499,976 46,563,852
EXHIBIT “B”: Budget Amendments by Revenue (July 2015)
5
ORD. NO.ORD. NO.ORD. NO.ORD. NO.ORD. NO.2015
FUND FUND 3985 3990 3991 3998 Amended
NO.DESCRIPTION 12/26/2014 2/13/2015 2/27/2015 May 2015 July 2015 Budget
001 General Fund 36,806,017$ -$ -$ 12,527$ 177,297$ 36,995,841$
009 Leoff-Medical Ins. Reserve 276,200 - - - - 276,200
011 Risk Management Reserve Fund 1,180 - - - - 1,180
012 Contingency Reserve Fund 19,800 - - - - 19,800
014 Historic Preservation Gift Fund 7,500 - - 2,000 - 9,500
016 Building Maintenance 356,600 156,400 - 195,000 - 708,000
104 Drug Enforcement Fund 43,000 - - - - 43,000
111 Street Fund 1,729,030 - - - - 1,729,030
112 Combined Street Const/Improve 7,458,211 448,724 120,000 - 275,000 8,301,935
117 Municipal Arts Acquis. Fund 78,859 - - 18,500 4,200 101,559
118 Memorial Street Tree 61 - - - - 61
120 Hotel/Motel Tax Revenue Fund 67,675 - - - - 67,675
121 Employee Parking Permit Fund 20,564 - - - - 20,564
122 Youth Scholarship Fund 1,240 - - - - 1,240
123 Tourism Promotional Fund/Arts 22,900 - - - - 22,900
125 Park Acq/Improvement 904,000 - - - - 904,000
126 Special Capital Fund 902,000 - - - - 902,000
127 Gifts Catalog Fund 46,478 - - - 8,000 54,478
130 Cemetery Maintenance/Improv 164,500 - - - - 164,500
132 Parks Construction 4,998,765 500,000 - - - 5,498,765
136 Parks Trust Fund 533 - - - - 533
137 Cemetery Maintenance Trust Fd 11,970 - - - - 11,970
138 Sister City Commission 10,212 - - - - 10,212
139 Transportation Benefit District 650,000 - - - - 650,000
211 Lid Fund Control 22,600 - - - - 22,600
213 Lid Guaranty Fund 28,627 - - - - 28,627
231 2012 LTGO Debt Service fund 667,693 - - - - 667,693
232 2014 Debt Service Fund 925,310 - - - - 925,310
421 Water 7,581,442 - - - 5,896,218 13,477,660
422 Storm 3,681,407 93,000 - 4,000 3,893,730 7,672,137
423 Sewer / Treatment Plant 9,833,310 - - - 9,987,341 19,820,651
424 Bond Reserve Fund 844,416 - - - 498,686 1,343,102
511 Equipment Rental Fund 1,502,567 - - 16,618 - 1,519,185
617 Firemen'S Pension Fund 65,350 - - - - 65,350
Totals 79,730,017$ 1,198,124$ 120,000$ 248,645$ 20,740,472$ 102,037,258$
EXHIBIT “C”: Budget Amendments by Expenditure (July 2015)
6
ORD. NO.ORD. NO.ORD. NO.ORD. NO.ORD. NO.2015
FUND FUND 3985 3990 3991 3998 0 Amended
NO.DESCRIPTION 12/26/2014 2/13/2015 2/27/2015 May 2015 July 2015 Budget
001 General Fund 38,585,504$ 100,271$ 120,000$ 237,177$ 251,319$ 39,294,271$
009 Leoff-Medical Ins. Reserve 361,825 - - - - 361,825
012 Contingency Reserve Fund 800,000 - - - - 800,000
014 Historic Preservation Gift Fund 7,900 - - 2,000 - 9,900
016 Building Maintenance 380,000 218,800 - 195,000 - 793,800
104 Drug Enforcement Fund 76,033 - - - - 76,033
111 Street Fund 1,703,419 - - - - 1,703,419
112 Combined Street Const/Improve 7,501,107 525,597 120,000 - 275,000 8,421,704
117 Municipal Arts Acquis. Fund 134,275 - - 18,500 - 152,775
120 Hotel/Motel Tax Revenue Fund 70,000 - - - - 70,000
121 Employee Parking Permit Fund 26,871 - - - - 26,871
122 Youth Scholarship Fund 3,000 - - - - 3,000
123 Tourism Promotional Fund/Arts 21,500 - - - - 21,500
125 Park Acq/Improvement 2,361,000 62,000 62,000 - 30,000 2,515,000
126 Special Capital Fund 471,400 200,000 12,000 260,000 - 943,400
127 Gifts Catalog Fund 43,795 - - - 8,000 51,795
130 Cemetery Maintenance/Improv 171,784 - - - - 171,784
132 Parks Construction 5,362,900 638,343 - - 4,200 6,005,443
138 Sister City Commission 10,400 - - - - 10,400
139 Transportation Benefit District 650,000 - - - - 650,000
211 Lid Fund Control 28,567 - - - - 28,567
231 2012LTGO Debt Service Fund 667,693 - - - - 667,693
232 2014 Debt Service Fund 925,310 - - - - 925,310
421 Water 9,738,039 616,261 - - 328,293 10,682,593
422 Storm 6,607,641 361,500 - 4,000 163,968 7,137,109
423 Sewer / Treatment Plant 14,235,422 835,588 - - 765,218 15,836,228
424 Bond Reserve Fund 845,416 - - - 498,686 1,344,102
511 Equipment Rental Fund 1,667,801 - - 50,024 - 1,717,825
617 Firemen'S Pension Fund 77,629 - - - - 77,629
Totals 93,536,231$ 3,558,360$ 314,000$ 766,701$ 2,324,684$ 100,499,976$
EXHIBIT “D”: Budget Amendments (July 2015)
7
Fund Number
Change in
Beginning Fund
Balance Revenue Expense
Change in Ending
Fund Balance
001 - 177,297 251,319 (74,022)
112 - 275,000 275,000 -
117 - 4,200 - 4,200
125 - - 30,000 (30,000)
127 - 8,000 8,000 -
132 - - 4,200 (4,200)
421 - 5,896,218 328,293 5,567,925
422 - 3,893,730 163,968 3,729,762
423 - 9,987,341 765,218 9,222,123
424 - 498,686 498,686 -
Total Change - 20,740,472 2,324,684 18,415,788
EXHIBIT “E”: Budget Amendment Summary (July 2015)
8
Fund BARS Category Debit Credit Pg#Description
New Items for Council
General Fund 001 000 22 518 10 49 00 Miscellaneous 12,707 10 SAW Reimbursement
General Fund 001 000 369 00 00 00 Miscellaneous 12,707
General Fund 001 000 25 514 30 11 00 Salaries 8,540 11
General Fund 001 000 25 514 30 23 00 Benefits 1,900
General Fund 001 000 62 524 20 11 00 Salaries 24,500 12 Building Inspector
General Fund 001 000 62 524 20 23 00 Benefits 10,500
General Fund 001 000 62 524 20 35 00 Small Equipment 800
General Fund 001 000 62 524 20 49 00 Supplies 500
General Fund 001 000 322 10 000 00 Building Structure Permit 63,000
General Fund 001 000 345 83 000 00 Plan Check Fees 42,000
General Fund 001 000 31 514 20 23 00 Benefits 18,140 13 PERS Contribution
General Fund 001 000 39 513 10 41 00 Professional Services 55,000 14 Fire Consultant
General Fund 001 000 41 521 11 11 00 Salaries 8,640 15 Marsh Retirement
General Fund 001 000 41 521 11 12 00 Overtime 4,114
General Fund 001 000 41 521 11 23 00 Benefits 1,967
General Fund 001 000 39 518 10 11 10 Non-departmental Salary 14,721
General Fund 001 000 41 521 10 23 00 Benefits 15,630 16
General Fund 001 000 41 521 11 23 00 Benefits 26,540
General Fund 001 000 41 521 21 023 00 Benefits 16,640
General Fund 001 000 41 521 22 23 00 Benefits 120,460
General Fund 001 000 41 521 40 23 00 Benefits 2,700
General Fund 001 000 41 521 70 23 00 Benefits 5,140
General Fund 001 000 41 521 71 23 00 Benefits 10,740
General Fund 001 000 41 521 80 23 00 Benefits 2,150
General Fund 001 000 39 508 00 00 00 Ending Fund Balance 214,880
Gifts Catalog Fund 127 000 64 575 50 41 00 Professional Services 8,000 17 Wayfinding Signs
Gifts Catalog Fund 127 000 367 00 000 00 Contributions 8,000
Municipal Arts Fund 117 200 397 73 132 00 Interfund Transfer 4,200 18
Municipal Arts Fund 117 200 64 508 40 00 00 Ending Fund Balance 4,200
Parks Construction 132 000 64 597 73 55 71 Interfund Transfer 4,200
Parks Construction 132 000 64 508 30 00 00 Ending Fund Balance 4,200
City Clerk
Benefits Budget
Correction
Percent for Arts
transfer for City Park
EXHIBIT “E”: Budget Amendment Summary (July 2015)
9
Fund BARS Category Debit Credit Pg#Description
Previously Discussed By Council
General Fund 001 000 61 557 20 41 00 125th Anniversary 2,500 19 125th Anniversary
General Fund 001 000 39 508 00 000 00 Ending Fund Balance 2,500
General Fund 001 000 64 571 24 11 00 Salaries 99,600 20 Yost Pool
General Fund 001 000 64 571 24 23 00 Benefits 16,550
General Fund 001 000 64 571 24 31 00 Supplies 3,500
General Fund 001 000 64 571 24 41 40 Advertising 200
General Fund 001 000 64 571 24 48 00 Repair & Maintenance 1,750
General Fund 001 000 64 571 24 49 00 Miscellaneous 2,168
General Fund 001 000 347 30 000 00 Swim Entrance Fees 61,000
General Fund 001 000 347 31 000 00 Locker Fees 350
General Fund 001 000 347 32 000 00 Swim Class Fees 30,000
General Fund 001 000 347 62 000 00 Swim Team/Dive Team 34,260
General Fund 001 000 362 90 000 00 Other Rents & Uses 4,800
General Fund 001 000 362 80 000 00 Concession Agreement 40,000
General Fund 001 000 39 508 00 00 00 Ending Fund Balance 33,358
General Fund 001 000 67 532 20 41 00 Professional Services 40,000 21
General Fund 001 000 334 Grant 150,000
General Fund 001 000 39 508 00 00 00 Ending Fund Balance 110,000
Street Construction 112 200 68 595 33 65 90 Interfund Services 30,000 22 SR99 Lighting Phase3
Street Construction 112 200 68 595 33 65 00 Construction 275,000
Street Construction 112 200 68 595 33 65 91 Const. from other fund 30,000
Street Construction 112 200 333 20 205 13 Grant 275,000
REET 2 125 000 68 595 33 65 90 Const. to other fund 30,000
REET 2 125 000 64 508 30 00 00 Ending Fund Balance 30,000
Water Utility 421 000 74 594 34 41 10 Professional Services 80,000 23
Water Utility 421 000 74 508 00 00 00 Ending Fund Balance 80,000
WWTP 423 200 76 594 39 41 10 Professional Services 49,152 24 Phase 5 Audit Fee
WWTP 423 200 75 508 30 00 00 Bond Ending Fund Bal.49,152 Proposal
WWTP 423 100 76 594 39 41 10 Professional Services 47,628
WWTP 423 100 374 07 010 00 Mountlake Terrace 22,428
WWTP 423 100 374 07 020 00 Olympic View Wtr Dist 16,018
WWTP 423 100 374 07 030 00 Ronald Wastewater 9,182
WWTP 423 200 76 594 39 65 00 Construction 268,315 25
WWTP 423 200 75 508 30 00 00 Bond Ending Fund Bal.268,315
WWTP 423 100 76 594 39 65 00 Construction 259,998
WWTP 423 100 374 07 010 00 Mountlake Terrace 122,431
WWTP 423 100 374 07 020 00 Olympic View Wtr Dist 87,441
WWTP 423 100 374 07 030 00 Ronald Wastewater 50,126
Sewer 423 000 75 594 35 65 00 Construction 268,315
Sewer 423 000 75 508 00 00 00 Ending Fund Balance 268,315
Water Utility 421 000 74 597 34 55 21 Interfund Transfer 151,586 26
Water Utility 421 000 74 508 00 00 00 Ending Fund Balance 151,586
Stormwater Utility 422 000 75 597 31 55 21 Interfund Transfer 100,105
Stormwater Utility 422 000 75 508 00 00 00 Ending Fund Balance 100,105
Sewer Utility 423 000 75 597 35 55 21 Interfund Transfer 246,995
Sewer Utility 423 000 75 508 00 00 00 Ending Fund Balance 246,995
Water Utility 421 200 391 20 000 00 Revenue Bond Proceeds 5,674,786
Water Utility 421 200 392 20 000 00 Premium 69,846
Water Utility 421 200 74 596 34 72 00 Debt Issue Cost 32,580
Water Utility 421 200 74 596 34 72 00 Underwriter Discount 64,127
Water Utility 421 200 74 508 30 00 00 Ending Fund Balance 5,647,925
Stormwater Utility 422 200 72 596 31 72 00 Debt Issue Cost 21,515
Stormwater Utility 422 200 72 596 31 72 00 Underwriter Discount 42,348
Stormwater Utility 422 200 391 20 000 00 Revenue Bond Proceeds 3,747,500
Stormwater Utility 422 200 392 20 000 00 Premium 46,125
Stormwater Utility 422 200 72 508 30 00 00 Ending Fund Balance 3,729,762
Sewer 423 200 75 597 35 55 21 Interfund Transfer 2,657
Sewer 423 200 75 596 35 55 21 Debt Issue Cost 53,495
Sewer 423 200 75 596 35 72 00 Underwriter Discount 105,293
Sewer 423 200 391 20 000 00 Revenue Bond Proceeds 9,317,714
Sewer 423 200 392 20 000 00 Premium 115,006
Sewer 423 200 75 508 30 00 00 Ending Fund Balance 9,271,275
Bond Reserve Fund 424 000 397 34 421 00 Interfund Transfer 151,586
Bond Reserve Fund 424 000 397 31 422 00 Interfund Transfer 100,105
Bond Reserve Fund 424 000 397 35 423 00 Interfund Transfer 246,995
Bond Reserve Fund 424 000 71 592 38 84 00 Principal 205,000
Bond Reserve Fund 424 000 71 592 38 89 00 Interest 293,686
K-Turbo Replacement
Record 2015 Debt
Issuance Budget
2015 Waterline
Replacement Prj
Edmonds Waterfront
Analysis
EXHIBIT “F”: Budget Amendments (July 2015)
10
Budget Amendment for:Second Quarter
Item Description:
Department:
Division:
Title:
Preparer:
Department Account Number:
Strategic Plan Task Action Item:
What is the nature of the expenditure?One-Time
Is the Expenditure Operating or Capital?Operating
Fill In Item Description[s]
Baseline
Budget 2015 2016 2017 2018 2019
0 0 0 0 0 0
0 12,707 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
Sub-Total $0 $12,707 $0 $0 $0 $0
$12,707 $0 $0 $0 $0
Revenue and Ending Cash 2015 2016 2017 2018 2019
Ending Cash: Decrease (Increase)0 0 0 0 0
Ending Cash: Carryforward 0 0 0 0 0
Grants/Contributions 0 0 0 0 0
General Fund Subsidy 0 0 0 0 0
New Revenue 12,707 0 0 0 0
Other 0 0 0 0
Total Revenue and Ending Cash $12,707 $0 $0 $0 $0
001.000.22.518.10.49.00
New Item For Council To Consider
If previously discussed, date(s) of discussion:
Stay at Work (SAW) light duty work program partial reimbursements (for hours
worked on light duty by employees injured at work) from Labor & Industries.
This money will be used for accident prevention including mandatory, necessary
training programs and compliance initiatives for the City's Acccident Prevention
Program that are not yet funded.
Human Resources
GENERALFund
Name:SAW Reimbursements
Mary Ann Hardie
SAW Reimbursements
Saw Reimbursements
Total Expenses
Comments
EXHIBIT “F”: Budget Amendments (July 2015)
11
Budget Amendment for:Second Quarter
Item Description:
Department:
Division:
Title:
Preparer:
Department Account Number:
Strategic Plan Task Action Item:
What is the nature of the expenditure?One-Time
Is the Expenditure Operating or Capital?Operating
Fill In Item Description[s]
Baseline
Budget 2015 2016 2017 2018 2019
0 8,540 0 0 0 0
0 1,900 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
Sub-Total $0 $10,440 $0 $0 $0 $0
$10,440 $0 $0 $0 $0
Revenue and Ending Cash 2015 2016 2017 2018 2019
Ending Cash: Decrease (Increase)10,440 0 0 0 0
Ending Cash: Carryforward 0 0 0 0 0
Grants/Contributions 0 0 0 0 0
General Fund Subsidy 0 0 0 0 0
New Revenue 0 0 0 0 0
Other 0 0 0 0 0
Total Revenue and Ending Cash $10,440 $0 $0 $0 $0
New Item For Council To Consider
If previously discussed, date(s) of discussion:
Budget Amendment increasing City Clerk Salaries and Benefits in the amount of
$10,440 to provide temporary help to cover the Deputy City Clerk's medical leave
from September 28-November 20, 2015.
Mayor's Office
GENERALCity Clerk's Office Fund
Name:City Clerk
Scott Passey
001.000.25.514.30
Salaries (11)
Benefits (23)
Total Expenses
Comments
001.000.39.508
EXHIBIT “F”: Budget Amendments (July 2015)
12
Budget Amendment for:Second Quarter
Item Description:
Department:
Division:
Title:
Preparer:
Department Account Number:
Strategic Plan Task Action Item:
What is the nature of the expenditure?One-Time
Is the Expenditure Operating or Capital?Operating
Fill In Item Description[s]
Baseline
Budget 2015 2016 2017 2018 2019
0 35,000 0 0 0 0
0 800 0 0 0 0
0 500 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
Sub-Total $0 $36,300 $0 $0 $0 $0
$36,300 $0 $0 $0 $0
Revenue and Ending Cash 2015 2016 2017 2018 2019
Ending Cash: Decrease (Increase)(68,700)0 0 0 0
Ending Cash: Carryforward 0 0 0 0 0
Grants/Contributions 0 0 0 0 0
General Fund Subsidy 0 0 0 0 0
New Revenue 105,000 0 0 0 0
Other 0 0 0 0 0
Total Revenue and Ending Cash $36,300 $0 $0 $0 $0
001.000.62.524.20.49.00 (code books)
New Item For Council To Consider
If previously discussed, date(s) of discussion:
Construction and building permit activity has far exceeded the projections for the current year.
This has resulted in an increase in revenues and it has also resulted in permit loads that exceed
the ability of staff to meet expected levels of service for building inspections and plan review. The
addition of a building inspector for the last 4 months of 2015 will allow for a more appropriate
level of inspection and timelier permit reviews, in addition to addressing many other related
tasks. Budget requests for 2016 will propose the continuation of this position.
Development Services
GENERALBuildingFund
Name:Building Inspector
Leif Bjorback
62
001.000.62.524.20.11&23.00 (salary and benefits)
001.000.62.524.20.35.00 (computer, etc.)
Total Expenses
Comments
Increased permit revenue
EXHIBIT “F”: Budget Amendments (July 2015)
13
Budget Amendment for:Second Quarter
Item Description:
Department:
Division:
Title:
Preparer:
Department Account Number:
Strategic Plan Task Action Item:
What is the nature of the expenditure?One-Time
Is the Expenditure Operating or Capital?Operating
Fill In Item Description[s]
Baseline
Budget 2015 2016 2017 2018 2019
0 18,140 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
Sub-Total $0 $18,140 $0 $0 $0 $0
$18,140 $0 $0 $0 $0
Revenue and Ending Cash 2015 2016 2017 2018 2019
Ending Cash: Decrease (Increase)18,140 0 0 0 0
Ending Cash: Carryforward 0 0 0 0 0
Grants/Contributions 0 0 0 0 0
General Fund Subsidy 0 0 0 0 0
New Revenue 0 0 0 0 0
Other 0 0 0 0 0
Total Revenue and Ending Cash $18,140 $0 $0 $0 $0
Total Expenses
Comments
New Item For Council To Consider
If previously discussed, date(s) of discussion:
In 2011, the City hired a temporay finance director through a firm called CFO
Selections. The City paid CFO Selections for all the compensation earned by the
temporary employee. During a recent audit, Washington State Department of
Retirement Systems (DRS) notified the City that the temp employee was a PERS
eligible employee, meaning that the City will have to the PERS retirment
contribution for the temp employee.
Finance
GENERALFinanceFund
Name:Mandated PERS Contribution for Temp Employee
Scott James
001.000.31.514.20.23.00
001.000.31.514.20.23.00
EXHIBIT “F”: Budget Amendments (July 2015)
14
Budget Amendment for:Second Quarter
Item Description:
Department:
Division:
Title:
Preparer:
Department Account Number:
Strategic Plan Task Action Item:
What is the nature of the expenditure?One-Time
Is the Expenditure Operating or Capital?Operating
Fill In Item Description[s]
Baseline
Budget 2015 2016 2017 2018 2019
0 55,000 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
Sub-Total $0 $55,000 $0 $0 $0 $0
$55,000 $0 $0 $0 $0
Revenue and Ending Cash 2015 2016 2017 2018 2019
Ending Cash: Decrease (Increase)55,000 0 0 0 0
Ending Cash: Carryforward 0 0 0 0 0
Grants/Contributions 0 0 0 0 0
General Fund Subsidy 0 0 0 0 0
New Revenue 0 0 0 0 0
Other 0 0 0 0 0
Total Revenue and Ending Cash $55,000 $0 $0 $0 $0
New Item For Council To Consider
If previously discussed, date(s) of discussion:
The City's contract with Fire District 1 eclipsed the 5 year mark on December 31,
2014, which also marks the time where the contractual relationship can be re-
negotiated. Both the City and FD1 have expressed the desire to open contract
negotiations. Since City officials have limited expertise in the provision of Fire
and EMS services, the City desires to engage the professional services and
assistance of a consultant to provide the necessary analysis and support to conduct
an informed negotiation.
Non-Departmental
GENERALNon-Departmental Fund
Name:Fire Consultant
Scott James
001.000.39.513.10.41.00
001.000.39.513.10.41.00
Total Expenses
Comments
EXHIBIT “F”: Budget Amendments (July 2015)
15
Budget Amendment for:Second Quarter
Item Description:
Department:
Division:
Title:
Preparer:
Department Account Number:
Strategic Plan Task Action Item:
What is the nature of the expenditure?One-Time
Is the Expenditure Operating or Capital?Operating
Fill In Item Description[s]
Baseline
Budget 2015 2016 2017 2018 2019
399,188 8,640 0 0 0 0
8,600 4,114 0 0 0 0
143,979 1,967 0 0 0 0
125,000 (14,721)0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
Sub-Total $676,767 $0 $0 $0 $0 $0
$676,767 $0 $0 $0 $0
Revenue and Ending Cash 2015 2016 2017 2018 2019
Ending Cash: Decrease (Increase)0 0 0 0 0
Ending Cash: Carryforward 0 0 0 0 0
Grants/Contributions 0 0 0 0 0
General Fund Subsidy 0 0 0 0 0
New Revenue 0 0 0 0 0
Other 0 0 0 0 0
Total Revenue and Ending Cash $0 $0 $0 $0 $0
Benefits-Records Management (23)
Total Expenses
Comments
Salary Payouts 001.000.39.518.10.11.10
New Item For Council To Consider
If previously discussed, date(s) of discussion:
A request to move budget from the non-departmental line item salaries to the
police records management cost center for the reimbursement of Mark Marsh's
retirement pay-out.
Police
GENERALSupport Services-Records Management Fund
Name:Mark Marsh Retirement Pay-out
Don Anderson
001.000.41.521.11
No
Wages-Records Management (11)
Overtime-Records Management (12)
EXHIBIT “F”: Budget Amendments (July 2015)
16
Budget Amendment for:Second Quarter
Item Description:
Department:
Division:
Title:
Preparer:
Department Account Number:
Strategic Plan Task Action Item:
What is the nature of the expenditure?One-Time
Is the Expenditure Operating or Capital?Operating
Fill In Item Description[s]
Baseline
Budget 2015 2016 2017 2018 2019
001.000.41.521.10.23.00 Benefits 178,788 15,630 0 0 0 0
001.000.41.521.11.23.00 Benefits 143,979 26,540 0 0 0 0
001.000.41.521.21.23.00 Benefits 248,624 16,640 0 0 0 0
001.000.41.521.22.23.00 Benefits 991,566 120,460
001.000.41.521.40.23.00 Benefits 23,606 2,700
001.000.41.521.70.23.00 Benefits 47,794 5,140 0 0 0 0
001.000.41.521.71.23.00 Benefits 107,761 10,740 0 0 0 0
001.000.41.521.80.23.00 Benefits 17,748 2,150 0 0 0 0
Sub-Total $1,759,866 $200,000 $0 $0 $0 $0
$1,959,866 $0 $0 $0 $0
Revenue and Ending Cash 2015 2016 2017 2018 2019
Ending Cash: Decrease (Increase)200,000 0 0 0 0
Ending Cash: Carryforward 0 0 0 0 0
Grants/Contributions 0 0 0 0 0
General Fund Subsidy 0 0 0 0 0
New Revenue 0 0 0 0 0
Other 0 0 0 0 0
Total Revenue and Ending Cash $200,000 $0 $0 $0 $0
Total Expenses
Comments
Benefits Budget Correction
Scott James
New Item For Council To Consider
If previously discussed, date(s) of discussion:
Edmonds Police Officers' Association members were successful in negotiating a 2%
Deferred Compensation contribution as part of their annual compensation. This
2% contribution of approximately $80,200 was not included in the development of
the 2015 Budget. Additionally, bargaining group member’s medical premiums
share that is paid by the City was calculated at only 90% vs. 100% as required by
their labor contract ($43,000). Lastly, the Labor and Industry rates for
commissioned officers were calculated at the office worker rate vs. police rate
($76,800).
Police Department
GENERALPolice Department Fund
Name:
001.000.41.521.XX.23.00
EXHIBIT “F”: Budget Amendments (July 2015)
17
Budget Amendment for:Second Quarter
Item Description:
Department:
Division:
Title:
Preparer:
Department Account Number:
Strategic Plan Task Action Item:
What is the nature of the expenditure?One-Time
Is the Expenditure Operating or Capital?Operating
Fill In Item Description[s]
Baseline
Budget 2015 2016 2017 2018 2019
0 8,000 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
Sub-Total $0 $8,000 $0 $0 $0 $0
$8,000 $0 $0 $0 $0
Revenue and Ending Cash 2015 2016 2017 2018 2019
Ending Cash: Decrease (Increase)0 0 0 0 0
Ending Cash: Carryforward 0 0 0 0 0
Grants/Contributions 8,000 0 0 0 0
General Fund Subsidy 0 0 0 0 0
New Revenue 0 0 0 0 0
Other 0 0 0 0 0
Total Revenue and Ending Cash $8,000 $0 $0 $0 $0
New Item For Council To Consider
If previously discussed, date(s) of discussion:
The City is receiving donations totaling $8,000 towards the installation of four
wayfinding signs. We didn't anticipate this revenue or expenditure during the
budget process.
Parks, Recreation & Cultural Services
GIFTS CATALOGRecreation
Professional Services (41)
Fund
Name:Wayfinding Signs
Renee McRae
127.000.64.575.50
1.d.1 Design - arts and culture
Total Expenses
Comments
127.000.367.00.000.00
EXHIBIT “F”: Budget Amendments (July 2015)
18
Budget Amendment for:Second Quarter
Item Description:
Department:
Division:
Title:
Preparer:
Department Account Number:
Strategic Plan Task Action Item:
What is the nature of the expenditure?One-Time
Is the Expenditure Operating or Capital?Operating
Fill In Item Description[s]
Baseline
Budget 2015 2016 2017 2018 2019
0 4,200 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
Sub-Total $0 $4,200 $0 $0 $0 $0
$4,200 $0 $0 $0 $0
Revenue and Ending Cash 2015 2016 2017 2018 2019
Ending Cash: Decrease (Increase)4,200 0 0 0 0
Ending Cash: Decrease (Increase)(4,200)0 0 0 0
Grants/Contributions 0 0 0 0 0
General Fund Subsidy 0 0 0 0 0
New Revenue 4,200 0 0 0 0
Other 0 0 0 0 0
Total Revenue and Ending Cash $4,200 $0 $0 $0 $0
New Item For Council To Consider
If previously discussed, date(s) of discussion:
The percent for Art transfer from the City Park spray pad project. Specification
of the $4,200 transfer out of the 132 fund to the 117 Municipal Arts Fund.
Parks, Recreation & Cultural Services
PARKS
CONSTRUCTION
Parks, Recreation & Cultural Services Fund
Name:Percent for Art transfer for City Park
Frances Chapin
Operating Transfer Out 132.000.64.597.73.55.71
117.200.397.73.132.00
Total Expenses
Comments
132.000.64.508.30.00.00
117.200.64.508.40.00.00
EXHIBIT “F”: Budget Amendments (July 2015)
19
Budget Amendment for:Second Quarter
Item Description:
Department:
Division:
Title:
Preparer:
Department Account Number:
Strategic Plan Task Action Item:
What is the nature of the expenditure?One-Time
Is the Expenditure Operating or Capital?Operating
Fill In Item Description[s]
Baseline
Budget 2015 2016 2017 2018 2019
5,000 2,500 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
Sub-Total $5,000 $2,500 $0 $0 $0 $0
$7,500 $0 $0 $0 $0
Revenue and Ending Cash 2015 2016 2017 2018 2019
Ending Cash: Decrease (Increase)(1,200)0 0 0 0
Ending Cash: Carryforward 0 0 0 0 0
Grants/Contributions 3,700 0 0 0 0
General Fund Subsidy 0 0 0 0 0
New Revenue 0 0 0 0 0
Other 0 0 0 0 0
Total Revenue and Ending Cash $2,500 $0 $0 $0 $0
Budget Item Previously Discussed By Council
If previously discussed, date(s) of discussion:April 2015 - 1st Quarter Budget Amendment
Expenditure authority for full cost of 125th Anniversary celebration. Previous
Council approval of expenditure of City funds (up to $5,000) did not include
expenditure of additional, donated funds, which would result in up to $7,500 in
total expenditures. Current donations equal $3,700, requiring $3,800 in City
funds.
Community Services/Economic Development
GENERALCommunity Services Fund
Name:125th Anniversary Celebration Expenditures
Patrick Doherty
001.000.61.557.20.41.00
Furthers Strategic Objective 3
Additional expenditure authority for 125th Anniv.
Total Expenses
Comments
EXHIBIT “F”: Budget Amendments (July 2015)
20
Budget Amendment for:Second Quarter
Item Description:
Department:
Division:
Title:
Preparer:
Department Account Number:
Strategic Plan Task Action Item:
What is the nature of the expenditure?One-Time
Is the Expenditure Operating or Capital?Operating
Fill In Item Description[s]Baseline Budget 2015 2016 2017 2018 2019
99,600 (99,600)0 0 0 0
16,550 (16,550)0 0 0 0
3,500 (3,500)0 0 0 0
200 (200)0 0 0 0
1,750 (1,750)0 0 0 0
2,500 (2,168)0 0 0 0
Sub-Total $124,100 ($123,768)$0 $0 $0 $0
$332 $0 $0 $0 $0
Revenue and Ending Cash 2015 2016 2017 2018 2019
Ending Cash: Decrease (Increase)(33,358)0 0 0 0
Ending Cash: Carryforward 0 0 0 0 0
Grants/Contributions 0 0 0 0 0
General Fund Revenue (125,610)0 0 0 0
New Revenue 40,000 0 0 0 0
Other (4,800)0 0 0 0
Total Revenue and Ending Cash ($123,768)$0 $0 $0 $0
Benefits (23)
Supplies (31)
Budget Item Previously Discussed By Council
If previously discussed, date(s) of discussion:2/10/15 and 2/17/15
The City budgeted to operate Yost Pool in the 2015 budget because an agreement with
the YMCA had not yet been worked out at the time the budget was due. City Council
approved an agreement for the YMCA to operate Yost Pool for the 2015 season in
February 2015. This decision package reduces the expenditures and revenue that was
budgeted, and adds in the revenue from the concession agreement. The Miscellaneous
line (49) is reduced by all but $332 for the printing of the swim lesson vouchers.
Parks, Recreation & Cultural Services Department
GENERAL
Salaries (11)
Recreation - Aquatics Fund
Name:Yost Pool
Renee McRae
001.000.64.571.24
3a.6 Create and implement a long term financial and operational strategy for the
updating/upgrading, efrusbishment and retrofitting of the current Yost Pool facility.
Concession agreement 362.80
Other rents 362.90
Advertising (41.40)
Repair/Maintenance (48)
Micellaneous (49)
Total Expenses
Comments
001.000.39.508
347.30, 347.31, 347.32, 347.62
EXHIBIT “F”: Budget Amendments (July 2015)
21
Budget Amendment for:Second Quarter
Item Description:
Department:
Division:
Title:
Preparer:
Department Account Number:
Strategic Plan Task Action Item:
What is the nature of the expenditure?One-Time
Is the Expenditure Operating or Capital?Capital
Fill In Item Description[s]
Baseline
Budget 2015 2016 2017 2018 2019
100,000 40,000 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
Sub-Total $100,000 $40,000 $0 $0 $0 $0
$140,000 $0 $0 $0 $0
Revenue and Ending Cash 2015 2016 2017 2018 2019
Ending Cash: Decrease (Increase)(110,000)0 0 0 0
Ending Cash: Carryforward 0 0 0 0 0
Grants/Contributions 150,000 0 0 0 0
General Fund Subsidy 0 0 0 0 0
New Revenue 0 0 0 0 0
Other 0 0 0 0 0
Total Revenue and Ending Cash $40,000 $0 $0 $0 $0
New Item For Council To Consider
If previously discussed, date(s) of discussion:Dec 16 2014
The 2015 State Transportation Budget included $500,000 in state funding to
complete an analysis of the Edmonds waterfront at-grade train crossings
alternatives. This budget amendment will program $150,000 of this funding in
2015.
Public Works
GENERALEngineeringFund
Name:Edmonds Waterfront Analysis
Rob English
4a.9 Waterfront Connection
Professional Services 001.000.67.532.20.41.00
Total Expenses
Comments
001.000.39.508
Grant Revenue
EXHIBIT “F”: Budget Amendments (July 2015)
22
Budget Amendment for:Second Quarter
Item Description:
Department:
Division:
Title:
Preparer:
Department Account Number:
Strategic Plan Task Action Item:
What is the nature of the expenditure?One-Time
Is the Expenditure Operating or Capital?Capital
Fill In Item Description[s]
Baseline
Budget 2015 2016 2017 2018 2019
7,000 30,000 0 0 0 0
36,000 0 0 0 0 0
262,000 275,000 0 0 0 0
0 (30,000)0 0 0 0
0 30,000 0 0 0 0
0 0 0 0 0 0
Sub-Total $305,000 $305,000 $0 $0 $0 $0
$610,000 $0 $0 $0 $0
Revenue and Ending Cash 2015 2016 2017 2018 2019
Ending Cash: Decrease (Increase)30,000 0 0 0 0
Ending Cash: Carryforward 0 0 0 0 0
Grants/Contributions 275,000 0 0 0 0
General Fund Subsidy 0 0 0 0 0
New Revenue 0 0 0 0 0
Other 0 0 0 0
Total Revenue and Ending Cash $305,000 $0 $0 $0 $0
From other Fund-112.200.68.595.33.65.91
To other Fund-125.000.68.595.33.65.90
Total Expenses
Comments
125.000.64.508.30.00.00
112.200.333.20.205.13
Construction 112.200.68.595.33.65.00
New Item For Council To Consider
If previously discussed, date(s) of discussion:April 28 and May 5, 2015
SR99Lighting Phase 3 - The project was awarded with the 228th Corridor
Improvments project in May, 2015. At the time the 2015 budget was prepared, it
was unknown how much of the project would be built in 2015. The Contractor's
schedule shows most of this work being completed this year. This budget
amendment will program more funding to substantially complete the projet this
year and add a $30,000 funding contingency from the 125 REET 2 Fund.
Public Works
STREET
CONSTRUCTION
Engineering
Interfund Services 112.200.68.595.33.65.90
Professional Services 112.200.68.595.33.41.00
Fund
Name:SR99Lighting Phase 3
Rob English
E2AD/c405
4a.7 Highway 99
EXHIBIT “F”: Budget Amendments (July 2015)
23
Budget Amendment for:Second Quarter
Item Description:
Department:
Division:
Title:
Preparer:
Department Account Number:
Strategic Plan Task Action Item:
What is the nature of the expenditure?One-Time
Is the Expenditure Operating or Capital?Capital
Fill In Item Description[s]
Baseline
Budget 2015 2016 2017 2018 2019
110,000 0 0 0 0 0
100,000 80,000 0 0 0 0
2,542,381 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
Sub-Total $2,752,381 $80,000 $0 $0 $0 $0
$2,832,381 $0 $0 $0 $0
Revenue and Ending Cash 2015 2016 2017 2018 2019
Ending Cash: Decrease (Increase)80,000 0 0 0 0
Ending Cash: Carryforward 0 0 0 0 0
Grants/Contributions 0 0 0 0 0
General Fund Subsidy 0 0 0 0 0
New Revenue 0 0 0 0 0
Other 0 0 0 0 0
Total Revenue and Ending Cash $80,000 $0 $0 $0 $0
Total Expenses
Comments
421.000.74.508.00.00.00
Construction 421.000.74.594.34.65.10
New Item For Council To Consider
If previously discussed, date(s) of discussion:
Transfer of funds to complete design contract tasks that are part of the 2015
Waterline Replacement Project. The amendment will program ending fund balance
funds to match the current budget needed to complete the project.
Public Works
WATER Engineering
Interfund Svcs 421.000.74.594.34.91.10
Professional Svcs 421.000.74.594.34.41.10
Fund
Name:2015 Waterline Replacement Project
Michele (Mike) De Lilla
Not part of the strategic plan
EXHIBIT “F”: Budget Amendments (July 2015)
24
Budget Amendment for:Second Quarter
Item Description:
Department:
Division:
Title:
Preparer:
Department Account Number:
Strategic Plan Task Action Item:
What is the nature of the expenditure?One-Time
Is the Expenditure Operating or Capital?Capital
Fill In Item Description[s]
Baseline
Budget 2015 2016 2017 2018 2019
0 96,780 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
Sub-Total $0 $96,780 $0 $0 $0 $0
$96,780 $0 $0 $0 $0
Revenue and Ending Cash 2015 2016 2017 2018 2019
Ending Cash: Decrease (Increase)Edmonds Contribution 49,152 0 0 0 0
Ending Cash: Carryforward 0 0 0 0 0
Grants/Contributions 0 0 0 0 0
General Fund Subsidy MLT Contribution 22,428 0 0 0 0
New Revenue OVWS Contribution 16,018 0 0 0 0
Other RSD Contribution 9,182 0 0 0 0
Total Revenue and Ending Cash $96,780 $0 $0 $0 $0
Total Expenses
Comments
(UV, Dewatering and Flow Shearing)
New Item For Council To Consider
If previously discussed, date(s) of discussion:New Item for Council to Consider
In September 2014 the City Council authorized an allocation of funds for the completion of two
energy efficiency measures using the Energy Savings Performance Contracting (ESCO) process.
During the presentation future projects were detailed entitled Phase 5 and Phase 7. Phase 5
included the retrofit of the Chlorine Contact Channel to Ultra Violet Disinfection and
replacement of solids handling equipment. We are requesting authority to begin the Investment
Grade Audit (predesign), using future 2016 bond revenue, to enable predesign to begin in 2015.
This would greatly enhance our ability to plan for and complete the work within the performance
period. Public Works
SEWER / TREATMENT
PLANT
Wastewater Fund
Name:Phase 5 Audit Fee Proposal
P. Randolph
423.200.76.594.39.41.10
Strategic Objective 5: Provide responsible, accountable, and responsive government and
Strategic Objective 2: Maintain, enhance, and create a sustainable environment.
Phase 5 Audit Fee Proposal
EXHIBIT “F”: Budget Amendments (July 2015)
25
Budget Amendment for:Second Quarter
Item Description:
Department:
Division:
Title:
Preparer:
Department Account Number:
Strategic Plan Task Action Item:
What is the nature of the expenditure?One-Time
Is the Expenditure Operating or Capital?Capital
Fill In Item Description[s]
Baseline
Budget 2015 2016 2017 2018 2019
0 0 0 0 0 0
0 0 0 0 0 0
0 321,312 0 0 0 0
0 207,001 0 0 0 0
423.000.75.594.35.65.00 (268,315)0 0 0 0
0 0 0 0 0
Sub-Total $0 $259,998 $0 $0 $0 $0
$259,998 $0 $0 $0 $0
Revenue and Ending Cash 2015 2016 2017 2018 2019
Ending Cash: Decrease (Increase)(268,315)0 0 0 0
Ending Cash: Decrease (Increase)268,315 0 0 0 0
Grants/Contributions 0 0 0 0
General Fund Subsidy 122,431 0 0 0 0
New Revenue 87,441 0 0 0 0
Other 50,126 0 0 0 0
Total Revenue and Ending Cash $259,998 $0 $0 $0 $0
CO 1 Parametrix (controls) 423.X00.76.594.39.00.00
Total Expenses
Comments
423.000.75.508
423.200.76.508
MLT Contribution
OVWS Contribution
RSD Contribution
CO 1 Ameresco (blower) 423.X00.76.594.39.00.00
Budget Item Previously Discussed By Council
If previously discussed, date(s) of discussion:3.17.15 and 3.10.15
In March 2015, the City Council was notified of a failure of the K-Turbo blower and the costs to
replace and program the blower. City Council was also made aware of the need to reprioritize the
capital expenditures in order cover the cost of the replacement blower. Although authorized
budget was available due to the significant deductive change order on a sewer replacement project,
it was concluded that a budget amendment is required to recognize the additional $246,500 in
revenue expected from our partners and authorizing it to be placed into and expended from the
Waste Water Capital fund. This decision package addresses the increased revenue and the
reprioritization of CIP needs.
Public Works
SEWER / TREATMENT
PLANT
Wastewater
Fund
Name:
See Council Memo dated 3.17.15
Increased revenue due to CIP reprioritization/K-Turbo
replacement
P. Randolph
Move budget from Sewer Line Replacement to WWTP
EXHIBIT “F”: Budget Amendments (July 2015)
26
Budget Amendment for:Second Quarter
Item Description:
Department:
Division:
Title:
Preparer:
Fill In Item Description[s]
Baseline
Budget 2015 2016 2017 2018 2019
421.000.74.597.34.55.21 Transfer to Debt Service 0 151,586 0 0 0 0
421.200.74.596.34.72.00 Debt Issue Cost 0 32,580 0 0 0 0
421.200.74.596.34.72.00 Underwriter Disc 0 64,127 0 0 0 0
422.000.75.597.31.55.21 Transfer to Debt Service 0 100,105 0 0 0 0
422.200.72.596.31.72.00 Debt Issue Cost 0 21,515 0 0 0 0
422.200.72.596.31.72.00 Underwriter Disc 0 42,348 0 0 0 0
423.000.75.597.35.55.21 Transfer to Debt Service 0 246,995 0 0 0 0
423.200.75.597.35.55.21 Transfer to Debt Service 0 2,657 0 0 0 0
423.200.75.596.35.72.00 Debt issue Cost 0 53,495 0 0 0 0
423.200.75.596.35.72.00 Underwriter Disc 0 105,293 0 0 0 0
424.000.71.592.38.84.00 Principal 0 205,000 0 0 0 0
424.000.71.592.38.89.00 Interest 0 293,686 0 0 0 0
Sub-Total $0 $1,319,387 $0 $0 $0 $0
$1,319,387
Revenue and Ending Cash 2015 2016 2017 2018 2019
Ending Cash: Increase (5,300,000)0 0 0 0
Ending Cash: Increase (3,500,000)0 0 0 0
Ending Cash: Increase (8,697,342)0 0 0 0
Restricted Ending Cash: Increase (347,925)0 0 0 0
Restricted Ending Cash: Increase (229,762)0 0 0 0
Restricted Ending Cash: Increase (571,276)0 0 0 0
Ending Cash: Increase (2,657)0 0 0 0
Ending Cash: Increase 151,586 0 0 0 0
Ending Cash: Increase 100,105 0 0 0 0
Ending Cash: Increase 246,995 0 0 0 0
Rev. Bond Proceeds 421.200.391.20.000.00 5,674,786 0 0 0 0
Premium 421.200.392.20.000.00 69,846 0 0 0 0
Rev. Bond Proceeds 422.200.391.20.000.00 3,747,500 0 0 0 0
Premium 422.200.392.20.000.00 46,125 0 0 0 0
Rev. Bond Proceeds 423.200.391.20.000.00 9,317,714 0 0 0 0
Premium 423.200.392.20.000.00 115,006 0 0 0 0
Transfer 424.000.397.34.421.00 151,586 0 0 0 0
Transfer 424.000.397.31.422.00 100,105 0 0 0 0
Transfer 424.000.397.35.423.00 246,995 0 0 0 0
Total Revenue and Ending Cash $1,319,387 $0 $0 $0 $0
Water Fund
Budget Item Previously Discussed By Council
If previously discussed, date(s) of discussion:April 7, May 5, 2015
This budget amendment is to establish budget appropriation for the 2015 Revenue
Bonds that were issued in June. The entry includes the revenue bond proceeds
received in June, along with the bond premium and underwriter's discount. The bond
proceeds are recorded into the issuing utilities fund and then transferred as described
below. $1,148,963 is being transferred from the individual utility funds into Fund 424
(Bond Reserve Fund) for the debt service reserve requirements and debt issuance
costs. $17,500,000 is being transferred into a bond construction subfund within each
utility fund in order to track the expenses paid with bond proceeds. This distribution
is consistant with authorized Council actions.
Finance
Finance Fund
Name:Record 2015 Debt Issuance Budget
Scott James
Total Expenses
Comments
Water Fund Program 200
Storm Fund Program 200
Sewer Fund Program 200
Storm Fund
Sewer Fund
Bond Reserve Fund
Water Fund Program 000
Storm Fund Program 000
Sewer Fund Program 000