1220_00001ORDINANCENO.1220
ANORDINANCEADOPTINGTHEBUDGETFORTHECITY OF MOSESLAKE,WASHINGTONFOR THE YEAROF 1987
WHEREAS,the City Council of the City of Moses Lake,Washington,after holdingpublichearingsforthepurposeofconsideringtheproposed1987BudgetforthecityofMosesLake,said budget hearings being held as provided by federalIandstatelaw.
NOW,THEREFORE,THE CITY COUNCILOF THECITY OF MOSESLAKE,WASHINGTON00 OR-DAINAS FOLLOWS:
Section 1.The total amounts of said budget for the year 1987 are as follows:
INCLUDINGAMOUNTREVENUESHARING
GENERAL $3,792.760STREET401,557 97,572ARTERIALSTREET267,955STREETREPAIRANDRECONST.291,926MID-PENINSULABLOCKGRANT 39,293FEDERALSHAREDREVENUE117,915CONVENTIONCENTER400,021URBANARTERIAL4,099CAPITAL700,000STREETIMPROVEMENT718,126WATER/SEWERFUND(M &0)3,492,966WATER/SEWERCONSTRUCTION 1,275,350SANITATION1,969,238UNEMPLOYMENTCOMPINS.113,666WORKMAN'SCOMPENSATIONINS.35,000iACCIDENTINSURANCE100,000CENTRALSERVICES265,326 20,343BUILDINGMAINTENANCE78,931EQUIPMENTRENTAL750,714FIREMEN'S PENSION 463,377DEFERREDCOMPENSATION95,131L.I.D.#25 313L.I.D.#26 153L.I.D.#27 592L.I.D.#28 753
TOTAL $15,375,161
Section 2.The 1987 Budget includes $1,835,523 of operating transfers whicharebudgetedattheirpointofexpenditure,in addition to being budgeted asanoperatingtransfer.The 1987 Budget provides for internal service fundexpendituresof$1,323,294.These funds provide services for the above fundsandaresupportedb.y rates included in the above budgets,as well as beingbudgetedasinternalservicefunds.Ending fund balances totaling $3,480,656requirefurthurappropriationbeforetheycanbeexpended.Other interfund/intrafund transfers total $611,360.Residual equity transfers are $1,811.Net proposed expenditures for 1987 less debt service and continuing capitalprojectsare$8,122,507.
I Section 3.The 1967 Comprehensive budget for the City as whole is $8,122,507plusanestimated$1,504,470 for debt service,continuing capital projects,assessment funds and other non-budgeted items.These items are placed in thebudgetasanestimationonlyandcanbechangedasnecessar.y without furthurbudgetappropriation.The total comprehensive budget estimation is$9,626,987.
Section 4.The above as an expenditure budget represents estimated expendi-tures and ending fund balances.As a revenue budget they include estimatedreceiptsandbeginningfundbalances.Revenue Sharing expenditures of$117,915 are included in the funds where the actual expenditure will be made.These represent Revenue Sharing Funds that were carried over from 1986.
ORD.1220/Page 2
Section 5.The budget for the 1987 fiscal year is adopted by reference.
Section 6.This ordinance shall take effect and be in force five (5)days
atter its passage and publication as provided by law.
Adopted by the City Council and signed by its Mayor on November 25,1986.
AT T:
/Igor
City clerk
APPROVEDAS TO FORM:
Attorney
Publish:December 8,1986
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