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2696u ^J U ORDINANCE NO.2696 AN ORDINANCE ADOPTING THE BUDGET FOR THE CITY OF MOSES LAKE,WASH INGTON FOR THE YEAR OF 2014 THE CITY COUNCIL OF THE CITY OF MOSES LAKE,WASHINGTON DO ORDAIN AS FOLLOWS: Section 1.The total amounts of said budget for the year 2014 are as follows: GENERAL FUND TOURISM ACTIVITIES GRANTS AND DONATIONS PATHS &TRAILS STREET FUND STREET REPAIR AND RECONSTRUCTION FUND PARK AND RECREATION IMPROVEMENT FUND PARK MITIGATION CAPITAL PROJECT WATER/SEWER FUND (M &O) WATER RIGHTS WATER/SEWER CONSTRUCTION FUND SANITATION FUND STORM WATER AIRPORT AMBULANCE FUND UNEMPLOYMENT COMPENSATION INSURANCE FUND SELF INSURANCE FUND CENTRAL SERVICES FUND EQUIPMENT RENTAL FUND BUILDING FUND, (M &O) FIREMEN'S PENSION FUND TOTAL $20,835,500 553,900 274,000 371,300 1,978,400 862,700 66,500 300,900 13,216,200 1,032,600 6,708,000 2,917,700 1,467,100 422,200 2,789,500 154,500 1,186,200 620,600 2,146,900 1,919,600 328.700 $60.153.000 Section 2. The 2014 Budget includes$9,727,800 ofoperating"transfers-out"whicharealso budgeted attheirpoint of expenditure orare transferred to non-budgeted debt service accounts. The 2014 Budget provides for internal service fund service expenditures of $6,027,800.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 $4,692,200 and require further appropriation by the City Council before they can be expended. Section 3. The 2014 Comprehensive Budget forthe cityas a whole is $49,632,700 whichincludesan estimated $3,935,200 for debtservice expense,continuing capital projects,assessmentfundsandothernon-budgeteditems. These items areanestimation onlyand can be changed as necessary without further budget appropriation,unless the total expenditures of a carryover project exceeds the originalappropriation. The 2014 Operating Budget including all carry over projects,estimations for debt service and debt service fund balances is $65,691,800. 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 inallfunds. Section 5. The budget includes a transfer from the Water/Sewer Fund to the General Fund pursuantto RCW 35.37.020. Section 6.Internal service fund rates have been computed for2014 as directed by the City Manager.The rates by fund anddepartmentarespreadinthevariousbudgetsinthe preliminary budgetdocument. The internal service fund rates are hereby confirmed and approved by this ordinance. ORDINANCE NO.2696 PAGE 2 November 26,2013 Section 7.The budget for the 2014 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 26,2013. APPROVBD AS TO FORM: KatheVine L.Kenison,Ctfy-Aftorney r>