Loading...
2740u u ORDINANCE NO.2740 AN ORDINANCE ADOPTING THE BUDGET FOR THE CITY OF MOSES LAKE, WASHINGTON FOR THE YEAR OF 2015 THE CITYCOUNCILOF THE CITYOF MOSES LAKE,WASHINGTON DO ORDAINAS FOLLOWS: Section 1.The total amounts of said budget for the year 2015 are as follows: 000 GENERAL FUND $20,723,500 102 TOURISM ACTIVITIES 558,000 103 GRANTS AND DONATIONS 312,500 114 PATHS &TRAILS 95,000 116 STREET FUND 1,967,300 119 STREET REPAIR AND RECONSTRUCTION FUND 997,500 314 PARK AND RECREATION IMPROVEMENT FUND 88,000 315 PARK MITIGATION CAPITAL PROJ FUND 100 410 WATER/SEWER FUND (M&O)11,823,500 471 WATER RIGHTS 1,302,000 477 WATER/SEWER CONSTRUCTION FUND 4,360,000 490 SANITATION FUND 3,034,200 493 STORMWATER 900,000 495 .AIRPORT 90,000 498 AMBULANCE FUND 2,984,000 501 UNEMPLOYMENT COMPENSATION INSURANCE FUND 160,000 503 SELF INSURANCE FUND 1,076,300 517 CENTRAL SERVICES FUND 541,200 519 EQUIPMENT RENTAL FUND 1,662 400 528 BUILDING FUND, (M &O)2,281,200 611 FIREMEN'S PENSION FUND 205.000 TOTAL $55.161.700 Section 2. The 2015 Budget includes $7,222,500 ofoperating "transfers-out"whichare also budgeted at their point of expenditure or are transferred to non-budgeted debt service accounts.The 2015 Budget provides forinternal service fund service expenditures of $5,721,100.These funds provide servicesfor theotherfunds and are supported 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 $2,445,800 and require further appropriation by the CityCouncil before they can be expended. Section 3.The 2015 Comprehensive Budget for the city as a whole is $47,954,900 which includes an estimated $3,797,600 fordebtservice expense,continuing capital projects,assessmentfunds and othernon- budgeted items.Theseitems arean estimation only and can be changed as necessarywithoutfurther budget appropriation,unless the total expenditures of a carryover project exceeds the original appropriation. The 2015 Operating Budget including all carry over projects,estimations for debt service and debt service fund balances is $60,559,400 . Section 4.Theabove as an expenditurebudgetrepresentsestimated expendituresand 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.Internal service fund rates have been computed for 2015 as directed by the City Manager.The rates 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. ORDINANCE NO.2740 Page 2 November 25,2014 Section 6.The budget for the 2015 fiscal year is adopted by reference. Section 7.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 25,2014. Dick Deane,MayorATTEST: .R'ob^rt Taylor,'Finance Director APPROVED AS TO FORM: j^iyu afherir/e L.Kenison, City A ~ ~