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2634ORDINANCE NO.2634 I J AN ORDINANCE ADOPTING THE BUDGET FOR THE CITY OF MOSES LAKE,WASH- INGTON FOR THE YEAR OF 2012 THE CITY COUNCIL OF THE CITY OF MOSES LAKE,WASHINGTON DO ORDAIN AS FOLLOWS: Section 1.The total amounts of said budget forthe year 2012 are as follows: GENERAL FUND $23,046,700 CONTINGENCY FUND 581,000 TOURISM ACTIVITIES 550,100 GRANTS AND DONATIONS 245,800 PATHS &TRAILS 253,000 STREET FUND 1,974,300 STREET REPAIR AND RECONSTRUCTION FUND 1,581,500 CAPITAL IMPROVEMENT FUND 257,400 PARK AND RECREATION IMPROVEMENT FUND 187,800 PARK MITIGATION CAPITAL PROJECT 348,400 WATER/SEWER FUND (M &O)13,464,200 WATER RIGHTS 589,400 WATER/SEWER CONSTRUCTION FUND 5,809,600 SANITATION FUND 3,095,800 STORM WATER 849,100 AIRPORT 106,700 AMBULANCE FUND 2,700,200 UNEMPLOYMENT COMPENSATION INSURANCE FUND 251,600 SELF INSURANCE FUND 1,164,200 CENTRAL SERVICES FUND 578,900 EQUIPMENT RENTAL FUND 3,196,000 BUILDINGFUND, (M &O)1,926,400 FIREMEN'S PENSION FUND 562.200 TOTAL $63.320.300 Section 2.The 2012 Budget includes $7,875,300 ofoperating "transfers-out"whichare also budgeted at their point of expenditure or are transferred to non-budgeted debt service accounts.The 2012 Budget provides for internal service fund service expenditures of $7,117,100.These funds provide services for the other funds and are sup ported by rates included in other budgets,as well as being budgeted as internal service funds. Ending fund balances in operating funds excluding internal service,debt service,and fiduciary funds total $7,138,800 and require further appropriation by the City Council before they can be expended. Section 3.The 2012 Comprehensive Budget for the city as a whole is $42,357,300 which includes an estimated $4,583,300 fordebtserviceexpense,continuing capital projects,assessment funds and othernon-budgeted items. These items are an estimation only and can be changed as necessarywithout further budget appropriation,unless the total expenditures ofa carryover project exceeds the original appropriation. The 2012 Operating Budget including allcarry over projects,estimations for debt service and debt service fund balances is $69,655,600. 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 Budgets are equal or are in balance in all funds. Section 5.The budget includes a transfer from the Water/Sewer Fund to the General Fund pursuant to RCW 35.37.020. Section 6. Internal service fund rates have been computed for 2012 as directed by the City Manager.The rates (J by fund and department are spread in the various budgets in the preliminary budget document.The internal service ^^fund rates are hereby confirmed and approved by this ordinance. U ORDINANCE NO.2634 PAGE 2 November 22,2011 ~ Section 7.The budget for the 2012 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 22,2012. ATTEST: ±=^L, Mayor /-7*^L Ronald R.Cone,Finance Director APPROVED AS TO FORM: KathsHfje L.Kenison,City Attorney'J