1283_00001ORDINANCENO.1283
ANORDINANCEAMENDINGTHE 1987 BUDGETFORTHECITY OF
MOSESLAKE;WASHINGTON
THE CITY COUNCILOF THECITY OF MOSESLAKE;WASHINGTONDOORDAINAS FOLLOWS:
Section 1.GENERALFUND000:To decrease the Park and Recreation Department'sibudgetby$14,306 and transfer said amount to 006-912 Operating Transfers toStreetFund.This represents the first six months of work done by the ParksDepartmentinDepartment115.To transfer $400 from 006-001 Ending Fundbalanceto006-917 Operating Transfers to GOBFund #10.The ending UnreservedFundBalanceafterthisdeductionvillbe$9;551.To increase the beginning
unreserved fund balance by $9;481 and transfer said amount to object 006-939OperatingTransfersCentralServicetobetransferredtoCentralServicesDebt
Service Account #516.To transfer $3;000 From 010-312 to Operating transfersobject006-939 and pay same to Central Services for a computer program for theEngineeringDepartment.
GENERALFUND000 1987
As amended to date:
Previously Fund Balance AmendedAmendedAdditionsDeductionsBudget
$4 024;747 $9;881 $400 $4;034;228
Section 2.STREETFUND116:To increase Department #115 by the amounts de-
ducted from the Park and Recreation Budget in the total amount of $14,306;andprovideforanoperatingtransferintheRevenuebudgetofFund116inthe
same amount.Specific amounts by object number are on the WAROO5report end-ing June 30;1987.To increase the Street Budget 116-542-30-315 by $2;400forligninsulfonatedusttreatmentauthorizedbytheCityCouncilonPaxsoniandMurphy.The Beginning Fund Balance in the Street Fund was higher thananticipatedandisthereforeincreasedby$2;400.
STREET FUND116 1987AsAmendedTo-date
Previously Additions Deductions AmendedAmendedBudget
$424;757 $16;706 -0-$441;463
Section 3.FEDERALSHAREDREVENUEFUND199:To budget the final revenuesharingrevenuesreceivedin1987whichwas$4 158 and 1987 interest earnings
of $1 026 and provide for an Operating Transfer to the Central Services Fundbypurchaseorderandwarrant.Said funds will be used for 1987 Debt ServiceintheCentralServiceFund.This transfer will clos'e and terminate theFederalSharedRevenueFund.The city is required to complete the transfer orexpenditureofthefinalRevenueSharingfundsin1987perstateexaminer.
FEDERALSHAREDREVENUEFUND116 1987
As Amended To-date
Previously Additions Deductions Amended
$8
e6
6 $S 183 -0-$
3d3
859
Section 4.WATERSEWERFUND410:To Appropriate $8;321 from the Ending Unre-served Ending Fund Balance in account 413 and transfer same to OperatingTransfersouttobepaidtoW/S Debt Service Account #482 and to appropriate$51;006from the Ending Unreserved Ending Fund Balance in account 413 andtransfersametoOperatingTransfersouttobepaidtoW/S Debt service ac-count #460 as the respective debt service accounts do not have cash balancessufficienttomeetthetermsofthebondcovenantsand/or meet the bond pay-ments without negative cash balances.
ORD.1283/Page 2
WATERSEWERFUND410 1987
As Amended To-date
Budget Additions Deductions AmendedAdoptedBudget
$3;492;966 $59;327 $59;327 $3;492;966
Section 5.BUILDINGANDEQUIPMENTFUND310:To appropriate the remainingcashintheBuildingandEquipmentFund$10 625 (10,624.88)to a ResidualEquityTransferobject924andtransfersametoCapitalImprovementFund #308.This fund is now being closed out as the new city hall improvement project iscomplete.A total of $8;188.82 remains unencumbered and the beginning fundbalanceshallbeincreasedby$2;436.06 to equal the remaining cash balance inthisfund.
BUILDINGANDEQUIPMENTFUND310 1987
As Amended To-date
Previously Additions Deductions AmendedAmendedBudget
$159,180 $2;437 -0-$161,617
Section 6.CAPITALFUND308:To add an Operating Transfer-In in the amountof510,625 and add the same amount to the Reserve for Capital Improvements intheExpenditureBudget.
CAPITALFUND308 1987
As Amended To-date
Previously Additions Deductions Amended
$00
00d0
$10;625 -0-$6 0 625
Section 7.CENTRALSERVICESFUND517:To transfer $41,877 of non-budgeted
debt service funds from Central Service's account #517 to Central Services D/S
account #516.To budget Proceeds of Lease under revenue $22;661 (20;670.20)and budget $19 789 under object #641 Machinery and Equipment and $2;881 under
object #411 professional services for new disc drive lease from HewlettPackard.To delete $5;000 from Object 641 Machinery and Equipment and move
same to Unreserved Ending Fund Balance to remove the used disc drive from thebudget.To reduce the Proceeds of Leases Revenue by $12;750and reduce Object641by$12;750to allow for the reduced cost of the IBMcopy machine.To add$3;000 to 517-411 to purchase a computer program which will be used in theEngineeringDepartmentontheirCADsystem.
CENTRALSERVICESFUND517 1987
As Amended To-date
Previously .Additions Deductions Amended
Amended Budget
$265;326 $30;661 $17;750 $278;237
Section 8.EQUIPMENTRENTALFUND519:To transfer $87;962 from account #519
object uu/Reserve for Replacement and transfer to account #520 Equipment
Rental D/S.
EQUIPMENTRENTALFUND519 1987
As Amended To-date
Budget Additions Deductions Amended
Adopted Budget
$778;234 $87;962 $690;272
ORD.1283/Page 3
Section 9.L.I.GUARANTYFUND621:To increase the Guaranty Fund by $15,872
and correct the Arterial Street Fund budget amendment in Ordinance 1276 dated
June 9;1987 to L.I.Guaranty Fund instead of L.I.D.Fund #763.To budget the
balance of bond proceeds in L.I.D.Fund #753 to be transferred to L.I.Guaran-
ty account #626.The budget amount is $2,500 but will depend on the actual
balance after all bond costs are paid.Said amount will be held in a separate
account and paid back to the property holders to whom the assessments were
made at the time the final bonds are redeemed.To reduce the L.I.Guaranty
i Fund in the amount of $36;317which represent nonicash assets and which have
no known actual cash value.
L.I.GUARANTYFUND621 1987
As Amended To-date
Budget Additions Deductions Amended
Adopted Budget
$89;772 $18;872 $36;317 $72;327
Section 10.This ordinance shall take effect and be in force (5)days after
its passage and publication as provided by law.
Adopted by the City Council and signed by its Mayor on August 11 1987.
APPROVEDTS TO FORM:
kyty ttorney
Publish:August 19,1987