1542_00001ORDINANCENO.1542
AN ORDINANCEADOPTINGTHE BUDGETFOR THE CITYOF MOSESLAKE,WASHINGTON
FOR THE YEAROF 1993
WHEREAS,the City Councilof the Cityof Moses Lake,Washington,after holding publichearings for the
purpose of considering the proposed 1993 Budgetfor the Cityof Moses Lake,said budget hearings beingheldasprovidedbystatelaw.
NOW,THEREFORE,THECITYCOUNC1LOF THE CITYOF MOSESLAKE,WASHINGTONDOORDAINASFOLLOWS:
Section 1.The total amounts of said budget for the year 1993 are as follows:
AMOUNT
GENERALFUND $6,308,401STREETFUND775,745
STREET REPAIRANDRECONSTRUCTIONFUND 475,399MID-PENINSULABLOCKGRANTFUND 89,744BASINHOMESBLOCKGRANTFUND26,571CONVENTIONCENTERFUND140,870
CAPITALIMPROVEMENTFUND 751,162
STREET IMPROVEMENTFUND 1,531,072PARKANDRECREATIONIMPROVEMENTFUND2,697,000WATER/SEWERFUND(M&0)4,075,873
WATER/SEWERCONSTRUCTION FUND 1,671,569SANITATIONFUND1,350,590
UNEMPLOYMENTCOMPENSATION INSURANCE FUND 239,437SELF-INSURANCEFUND 1,190,482CENTRALSERVICESFUND707,762EQUIPMENTRENTALFUND956,286
FIREMEN'S PENSION FUND 527,056DEFERREDCOMPENSATIONFUND680,000P.E.R.S.TRUST FUND 25,510
Section 2.The 1993 Budget includes $2,430,401of operating "transfers-outwhich are also budgeted attheirpointofexpenditureoraretransferredtonon-budgeted debt service accounts.The 1993 Budget
providesforIntemalservicefund service expense of$1,873,654.These funds provideservicesforthe other
funds and are supported by rates included inother budgets,as well as being budgeted as internal service
funds.Ending fund balances totaling$5,414,110requirefurther appropriationby the CityCouncilbeforetheycanbeexpended.Otherinterfund/intrafund transferstotal $1,654,217.Net proposed expenditures for
1993 withoutfurther appropriationby amending the budget,(excludingnon-budgeted debt service andcontinuingcapitalprojects)are $14,129,003.
Section 3.The 1993 Comprehensive budget for the Cityas a whole is $15,914,482which includes anestimated$1,785,479for debt service expense,continuingcapital projects,assessment funds and other
non-budgeted items.These itemsare an estimation onlyand can be changed as necessary withoutfurther
budget appropriation,unless the totalexpenditures ofa carry over project exceeds the originalappropria-tion.The 1993 OperatingBudget Including all estimations and debt service fund balances is $30,090,836.
Section 4.The above as an expenditurebudget represents estimated expendituresand projected ending
fund balances.As a revenue budgetthey include estimatedreceipts and estimatedbeginningfund balances.Expenditure and revenue budgets are equal or are in balance in allfunds.
Section 5.The budget includes a transferfrom the Water/Sewer Fund to the GeneralFund Pursuant toRCW35.37.020,
O Section6.The followingamounts are re-classified from reserve for replacement to reservefordebt service.$410,038of beginning fund balanceinthe CentralServicesFund isdesignated as debt service reserve andisshownasbothabeginningandendingfundbalanceinCentralServicesDebtServiceAccount#516.$1,161,618of beginningfund balance inthe Equipment Rental Fund is designated as debt service resenteandisshownasbothabeginningandendingfundbalanceinEquipmentRentalDebtServiceAccount
#520.$2,701of beginningfund balance inthe BuildingFund is designated as debt servicereserve and isshownasbothabeginningandendingfundbalanceinBuildingFundDebtServiceAccount#529.Internal
service fund rates have been computed for 1993 as directed by theCityManager.The rates by fund anddepartmentarespreadinthevariousbudgets.The rates are hereby confirmed and approved by thisordinance.
Section7.The budget for the 1998 fiscal year is adopted by reference.
Section8.This ordinanceshall take effectand be inforce five (5)days after its passage and publication
as provided by law.
Adopted by the CityCounciland signed
Financ Director
PUBLISHED11/27/92
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