1262_00001ORDINANCENO.1262
AN ORDINANCEAMENDINGTHE 1987 BUDGETFORTHECITY OF
MOSESLAKE;WASHINGTON
THE CITY COUNCILOF THE CITY OF MOSESLAKE WASHINGTONDOORDAINAS FOLLOWS:
Section 1.EQUIPMENTRENTALFUND 519:To provide for the lease purchase of 4
police vehicles including sales tax in the amount of $134;676.The vehicles
are budgeted at $870 per month plus 7 1/2%sales Tax.SA0 accounting andIbudgetingrequiresthefullleasepurchasetobebudgetedintheyearof ac-quisition with the revenue budgeted as proceeds of lease.One police vehicle
in the E/R capital fund will be deducted in the amount of $13 000.Capital
Dutlay in the E/R Fund will be $65 600 (present)plus $134;676 less $13,000totaling$187;276.The $13,000 shall be transferred to object 007 reserve for
replacement.Sales Tax is assessed on the total lease payment including inter-
est and therefore will be budgeted as a miscellaneous operating expense.One
years sales tax in the amount of $3;132will be budgeted in Bars object 491 as
a miscellaneous expense and shall be deducted from the ending unreserved fund
balance.$41;760 shall be deducted from the Reserve for Replacement to allow
for the 1987 debt service (principal and interest)on the lease.Less $11,988
for equipment rental rate on grader for 1987 already deducted on beginning
WAROO5(BARSsystem budget report).
EQUIPMENTRENTALFUND519 1987
As ammended to date:Ammended
Budget Adopted Additions .Deductions Budget
$750,714 $137,808 $69;888 $818,634
Estimated Non-budgeted Debt Service:
Beginning Additions Deductions Final
i $55;537 $41,760 -0-$97 297
Total Budgeted and non-budgeted items:
Beginning
$806;251 $179,568 $69;888 $915 231
Section 2.GENERALFUND000:To transfer $9;000 from General Fund's Unre-served Fund Balance to an Uperating transfer then pay same to Building and
Equipment Debt Service Fund 277 to allow for the bond discount and to allowsufficientfundstomeetthebondandinterestpayments.
GENERALFUND000 1987
As Amended To-date
AmendedBudgetAdoptedAdditionsDeductionsBudget
Oper trans Fund balance
$3;792,760 $9,000 $9,000 $3 792,760
Section 3.This ordinance shall take effect and be in force (5)days after
its passage and publication as provided by law.
M ted by the City Counci uary
AT T:MA Y 0 k 0 TEff "s
tit C erk
.AS
ity Attorndy
Published:March 4,1987