1344_00001ORDINANCENO.1344
ANORDINANCEADOPTINGTHEBUDGETIFORTHECITYOFMOSESLAKE,WASHINGTONFORTHEYEAROF1989
NHEREAS,the City council of the City at Moses Lake,Washington,after holding public hearings for the purpose of considering theproposed1988BudgetforthecityofMosesLake,said budgethearingsbeingheldasprovidedbyfederalandstatelaw.
NOW,THEREFORE,THECITYCOUNCILOFTHECITYOFMOSESLAKE,WASHINSTONDOORDAINASFOLLOUS:
Section 1.The total amounts of said budget for the year 1989 areasfollows:
AMOUNT
GENERAL FUND $4,136,644STREETFUND467,044ARTERIALSTREETFUbÌD438,365STREETREPATRANDRECONSTRUCTIONFUND415,553MID-PENINSULA BLOCK GRANT FUND 64,416COMMUNITYDEVELOPMENTBLOCKGRANT441,619CONVENTIONCENTERFUND510,000URBANARTERIALSTREETFUND11,099CAPITALIMPROVEMENTFUND548,950STREETIMPROVEMENTFUND1,439,650PARKIMPROVEMENT150,047WATER/SEWER FUND (M &O)4,097,794WATER/SEWER CONSTRUCTION FUND 1,883,000SANITATIONFUND1,180,000UNEMPLOYMENTCOMPINSURANCEFUND-152,967WORKMAN*S COMPENSATION INSURANCE 35,000ACCIDENTINSURANCEFUND455,000iCENTRALSERVICESFUND445,920BUILDINGMAINTENANCEFUND94,122EQUIPMENTRENTALFUND900,987FIREMEN'S PENSION FUND 516,823DEFERREDCOMPENSATIONFUND166,388P.E.R.S.TRUST FUND 97.530
TOTAL 18 ,648 ,918
Section 2.The 1989 Budget includes $2,016,547 Of operating transfersoutwhicharealsobudgetedattheirpointofexpenditureoraretransferredtonon-budgeted debt service accounts.The 1989 Budgetprovidesforinternalservicefundexpendituresof82,083,996.These funds provide services for the other funds and are supportedbyratesincludedinotherbudgets,as well as being budgeted asinternalservicefunds.Ending fund balances totaling $3,830,684requirefurtherappropriationbeforetheycanbeexpended.Otherinterfund/intrafund transfers total $969,424.Net proposedexpendituresfor1989withoutfurtherappropriationbyamendingthebudget,less debt service and continuing capitalprojectsare$9,748,264.
Section 3.The 1989 Comprehensive budget for the city as a whole is$11,595,016 which includes an estimated $2,469,263 for debtservice,continuing capital projects,assessment funds and othernon-budgeted items.These items are an estimation only and can bechangedasnecessarywithoutfurtherbudgetappropriation.
Section 4.The above as an expenditure budget represents estimatedexpendituresandendingfundbalances.As a revenue budget theyincludeestimatedreceiptsandbeginningfundbalances.ExpenditureandRevenuebudgetsareequalorareinbalanceinallfunds.I Section 5.The budget for the 1989 fiscal year is adopted byreference.
Section 6.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 November _2_2,
City Clerk
VED
City Attortfey
SUMMARY PUBLISHED:11/28/88