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2590^J ^J ^J ORDINANCE NO.2590 AN ORDINANCE ADOPTINGTHE BUDGET FOR THE CITY OF MOSES LAKE,WASH INGTON FOR THE YEAR OF 2011 THE CITY COUNCIL OF THE CITY OF MOSES LAKE,WASHINGTON DO ORDAIN AS FOLLOWS: Section 1.The total amounts of said budget forthe year 2011 are as follows: GENERAL FUND $22,873,400 CONTINGENCY FUND 281,000 TOURISM ACTIVITIES 432,500 GRANTS AND DONATIONS 372,400 PATHS &TRAILS 250,000 STREET FUND 1,731,200 STREET REPAIR AND RECONSTRUCTION FUND 2,013,500 PARKS FEES 334,800 BASIN HOMES BLOCK GRANT FUND 97,500 CAPITAL IMPROVEMENT FUND 257,400 PARK AND RECREATION IMPROVEMENT FUND 89,800 WATER/SEWER FUND (M&O)18,044,000 WATER RIGHTS 327,900 WATER/SEWER CONSTRUCTION FUND 9,219,300 SANITATION FUND 3,215,200 STORM WATER 1,313,900 AIRPORT 102,700 AMBULANCE FUND 2,625,700 UNEMPLOYMENT COMPENSATION INSURANCE FUND 280,000 SELF INSURANCE FUND 1,059,400 CENTRAL SERVICES FUND 616,200 EQUIPMENT RENTAL FUND 3,312,500 BUILDING FUND,(M&O)6,250,900 FIREMEN'S PENSION FUND 238.700 TOTAL $75.339.900 Section 2. The 2011 Budget includes $11,842,500 of operating "transfers-out"which arealso budgeted at their point of expenditure orare transferred to non-budgeted debt service accounts.The 2011 Budget provides for internal service fund serviceexpenditures of $11,519,000.These funds provide services for the otherfunds and are supported byrates included in otherbudgets,as well as being budgeted as internal service funds.Ending fund balances in operating funds excluding internal service,debt service,and fiduciary funds total $7,906,600 and require further appropriation bythe CityCouncil before they can be expended. Section 3. The 2011 Comprehensive Budget for the city as a whole is $47,299,500 which includes an estimated $3,953,800 for debtserviceexpense,continuing capital projects,assessmentfundsand othernon-budgeted items. These itemsareanestimation only andcanbe changed as necessary without further budget appropriation,unless the totalexpenditures of a carryoverprojectexceeds the original appropriation. The 2011 Operating Budget including all carry over projects,estimations for debt service anddebt service fund balances is $80,530,700. Section 4. The above as an expenditure budget represents estimated expenditures and projected ending fund balances.As a revenue budget they include estimated receipts and estimated beginning fund balances. Expenditure and Revenue Budgetsareequalorare in balanceinall funds. Section 5.The budget includes a transfer from theWater/Sewer Fund to the General Fund pursuant to RCW 35.37.020. ORDINANCE NO.2590 PAGE 2 November 23,2010 Section 6.Internal service fund rates have been computed for 2011 as directed by the City Manager.The rates ^"^ byfundand department arespread inthe various budgets inthe preliminarybudget document.The internal service fund rates are hereby confirmed and approved by this ordinance. Section 7.The budget for the 2011 fiscal year is adopted by reference. Section 8.This ordinance shall take effect and be in force five (5)days after its passage and publication of its summary as provided by law. Adopted by the City Council and signed by its Mayor on November 23,2010 ATTEST:Jon Lane/Mayor Rofiald R.Cone,Finance Director APPROVED AS TO F.ORM:. James A.WHitaker,City Attorney O ~