1316_00001ORDINANCENO.1316
AN ORDINANCEAMENDINGTHE 1988 BUDGETFOR THE CITY OFMOSESLAKE,WASHINGTON
THE CITY COUNCILOF THECITY OF MOSESLAKE,WASHINGTONDOORDAINAS FOLLOWS:
Section 1.Capital Improvement Fund 308:To increase the revenue for a residualiequitytransferfromBuildingandEquipmentFund#310 and increase the ending fundbalanceinFund#308 to allow the residual equity transfer.
Capital Improvement Fund 308 -1988 -As amended to date:
Budget As AmendedAmendedAdditionsDeductionsBudget
$610,625 $2,506 -0-$613,131
Section 2.Street Improvement Fund 309:To add $22,500 for curb assistance includ-ing irrigation;to add $15,000 for a sidewalk study which will be reimbursed to theGeneralFundasservicesareprovidedbytheGeneralFund;to add $55,500 for side-walk installation.These items total $93,000.The revenue for these items will be$30,000 from the ending fund balance in fund #309,$23,000 from participation ofpropertyowners,and $40,000 from anticipated revenue from the 1988 1/4%real estateexcisetax.
Street Improvement Fund 309 -1988 -As amended to date:
Budget As AmendedAmendedAdditionsDeductionsBudget
$785,000 $93,000 '$30,000 $848,000
i Section 3.Building and Equipment Fund 310:To budget a residual equity transferof$2,506 to allow for the transfer of the remaining balance in Fund #310 to Fund#308.
Building and Equipment Fund 310 -1988 -As amendedto date:
Budget As AmendedAmendedAdditionsDeductionsBudget
$2,506 $2,506 -0-$2,506
Section 4.Water/Sewer Fund 410:To budget for a communication line between CityHallandthe¼ater Department building in the amount of $11,100.This item was tobecompletedin1987butwasnotcompletedandiscarriedforwardto1988.It willbebudgetedindepartment#411 and taken from the ending fund balance in department#413.To add $2,200 to object #641 for chlorine scales in department #412 and de-duct the same from the ending fund balance in department #413.Operating transfersarenotnecessaryasthesearechangeswithinthesamefund.
Water/Sewer Fund 410,Departments #411 and #413 -1988 -As amended to date:
Budget As AmendedAmendedAdditionsDeductionsBudget
i $3,999,494 $13,300 $13,300 $3,999,494
Section 5.Water/Sewer Fund 410/Construction Account 477:To move $110,000 offundsthatwerebudgetedforsewerliningtotheLakesideSewerProject.This is achangeforthedesignatedcapitalexpenditurepurposeonlyandwillnotchangeanyBARSbudgetnumbers.
Water/Sewer Fund 410/Construction Account 477 -1988 -As amended to date:
Budget As AmendedAmendedAdditionsDeductionsBudget
$3,154,725 $110,000 $110,000 $3,154,725
Section 6.Central Services Fund 517:To increase capital purchases object 641 in
the amount of $5,000 to allow for the purchase of computer equipment for the PCEM
project.Revenue will come from the PCEMgrant as this is equipment required for
the PCEMproject.
Central Services Fund 517 -1988 -As amended to date:
Budget As Amended
Amended Additions Deductions Budget
$328 748 $5,000 -0-$333 748
Section 7.Equipment Rental Fund 519:To increase capital purchases in the amount
of $24,495to allow for the bid price of the sewer vacuum/rodder as awarded by the
City Council which was originally budgeted at $110 000 to $134,495.This amount
excludes the sales tax which will be added to the monthly lease payments.To add
$1,290 for a radio for the Fire Department that did not arrive in 1987.The revenue
for $24,495 will add to the proceeds of a capital Tease and the $1,290 will come
from the fund balance reserved for replacement.
Equipment Rental Fund 519 -1988 -As amended to date:
Budget As Amended
Amended Additions Deductions Budget
$945,038 $25,785 $1 290 $969,533
Section 8.This ordinance shall take effect and be in force five (5)days after its
passage and publication as provided by law.
Adopted by the City Council and signed by its Mayor on Mav 24.1988.
AT
Mayor
City Clerk ',
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