1400_00001ORDINANCENO,1400
AN ORDINANCE ADOPTINGTHE BUDGET FOR THE CITY OF MOSESLAKE,WASHINGTONFOR THE YEAROF 1990
WHEREAS,the CityCouncilof the Cityof Moses Lake,Washington,after holding public hearings for thepurposeofconsideringtheproposed1990BudgetfortheCityofMosesLake,said budget hearings beingheldasprovidedbyfederalandstatelaw.
NOW,THEREFORE,THE CITYCOUNCILOF THE CITYOF MOSESLAKE,WASHINGTONDOORDAINASFOLLOWS:I Section 1.The total amounts of said budget for the year 1990 are as follows:
AMOUNT
GENERALFUND $4,729,644STREETFUND495,210ARTERIALSTREETFUND435,000STREETREPAIRANDRECONSTRUCTIONFUND485,500MID-PENINSULABLOCKGRANT FUND 71,170COMMUNITYDEVELOPMENTBLOCKGRANT441,619CONVENTIONCENTERFUND510,000CAPITALIMPROVEMENTFUND665,587STREETIMPROVEMENTFUND956,000PARKIMPROVEMENT14,790WATER/SEWER FUND (M &0)3,988,993WATER/SEWER CONSTRUCTIONFUND 3,683,450SANITATIONFUND1,130,000UNEMPLOYMENTCOMPINSURANCEFUND156,646SELF-INSURANCE FUND 735,000CENTRALSERVICESFUND590,066BUILDINGMAINTENANCEFUND267,079EQUIPMENTRENTALFUND1,154,659FIREMEN'SPENSION FUND 519,150DEFERREDCOMPENSATIONFUND303,577P.E.R.S.TRUST FUND 147,000iTOTAL21..480.140
Section2.The 1990 Budget includes $2,498,292ofoperating "transfers-out"and $14,790of residual equity"transfers-out"which are also budgeted at theirpoint ofexpenditure or are transferredto non-budgeted debtserviceaccounts.The 1990 Budget provides for internal service fund expenditures of $2,903,450.Thesefundsprovideservicesfortheotherfundsandaresupportedbyratesincludedinotherbudgets,as wellasbeingbudgetedasinternalservicefunds.Ending fund balances totaling $3,036,645 require furtherappropriationbeforetheycanbeexpended.Other Interfund/intrafund transfers total $1,111,711.Netproposedexpendituresfor1990withoutfurtherappropriationbyamendingthebudget,{lessdebt serviceandcontinuingcapitalprojects}are $11,915,252.
Section 3.The 1990 Comprehensive budget for the Cityas a whole is $15,715,303which includes anestimated$3,800,051for debt service,continuing capital projects,assessment funds and othernon-budgeted items.These items are an estimationonly andcan be changed as necessary withoutfurtherbudgetappropriation.
Section 4.The above as an expenditure budget represents estimated expenditures and ending fundbalances.As a revenue budget they include estimated receiptsand beginning fund balances.ExpenditureandRevenuebudgetsareequalorareinbalanceinallfunds.
Section 5.The budget for the 1990 fiscal year is adopted by reference.
Section 6.This ordinance shalltake effect and be in force five (5)days after its passage and publication asArdpdt
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CityCounciland signed by its Mayor on Nove
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APPROVEDAS TOFORM:
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