1304_00001ORDINANCENO.1304
AN ORDINANCEADOPTINGTHEBUDGETFORTHECITY OF MOSES
LAKE;WASHINGTONFORTHE YEAROF 1988
WHEREAS,the City Council of the City of Moses Lake,Washington;after holding public
hearings for the purpose of considering the proposed 1988 Budget for the City of Moses
Lake;said budget hearings being held as provided by federal and state law.
NOW;THEREFORE;THECITY COUNCILOF THECITY OF MOSESLAKE WASHINGTONDOORDAINAS
FOLLOWS:
I Section 1.The total amounts of said budget for the year 1988 are as follows:
AMOUNT
GENERALFUND $4;003;479
STREETFUND 434;911ARTERIALSTREETFUND437,000
STREETREPAIRANDRECONSTRUCTIONFUND 432,760
MID-PENINSULABLOCKGRANTFUND 50,394
CONVENTIONCENTERFUND 465,000
URBANARTERIALSTREETFUND 1Ì,099
CAPITALIMPROVEMENTFUND 610;625
STREETIMPROVEMENTFUND 785,000
WATER/SEWERFUND(M &0)3,999,494WATER/SEWERCONSTRUCTIONFUND 3;154;725
SANITATIONFUND 3,314,178UNEMPLOYMENTCOMPINSURANCEFUND140,542
WORKMAN'SCOMPENSATIONINSURANCE 35;000
ACCIDENTINSURANCEFUND 375,000
CENTRALSERVICESFUND 328;748
BUILDINGMAINTENANCEFUND 80,772
EQUIPMENTRENTALFUND 945;038FIREMEN'S PENSIONFUND 495,245
DEFERREDCOMPENSATIONFUND 118;651
P.E.R.S.TRUSTFUND 44;590
TOTAL $20,262,251
Section 2.The 1988 Budget includes $703,834of operating transfers which are budgeted
at their point of expenditure,in addition to being budgeted as an operating transfer.The 1988 Budget provides for internal service fund expenditures of $1;B35;100.Thesefundsprovideservicesfortheotherfundsandaresupportedbyratesincludedinother
budgets,as well as being budgeted as internal service funds.Ending fund balancestotaling$3 819 173 require further appropriation before they can be expended.Otherinterfund/intrafund transfers total $958;983.Net proposed expenditures for 1988 lessdebtserviceandcontinuingcapitalprojectsare$11;485,367.
Section 3.The 1988 Comprehensive budget for the City as a whole is $11;485,367 plus
an estimated $1 459;794 for debt service;continuing capital projects,assessment funds
and other non-budgeted items.These items are an estimation only and can be changed asnecessarywithoutfurthurbudgetappropriation.The total comprehensive budget estima-tion is $12;945 161.
Section 4.The above as an expenditure budget represents estimated expenditures andendingfundbalances.As a revenue budget they include estimated receipts and beginningfundbalances.
Section 5.The budget for the 1988 fiscal year is adopted by reference.
Section 6.This ordinance shall take effect and be in force five (5)days after its
i passage and publication as provided by law.
Adopted by the City Council and signed by its Mayor on November 24;1987.
ayor