1602_00001ORDINANCENO.1602
AN ORDINANCE ADOPTINGTHE BUDGET FOR THE CITY OF MOSESLAKE,WASHINGTONFOR THEYEAROF 1994
THE CITYCOUNCILOF THE CITYOF MOSESLAKE,WASHINGTONDOORDAINASFOLUDWS:
Section 1.The total amounts of said budget for the year 1994 are as follows:
GENERALFUND $6,900,836 WATER/SEWERFUND (M&O)4,295,725
STREETFUND 841,094 WATER/SEWERCONSTRUCFUND 1,677,956
O PATHS&TRAILS 195,926 SANITATIONFUND 1,700,000STREETREPAIRANDRECONFUND543,891 UNEM COMP INSURANCEFUND 261,000BASINHOMESBLOCKGRANTFUND16,000 SELF INSURANCE FUND 1,166,600
CONVENTIONCENTER FUND 144,000 CENTRALSERVICESFUND 803,393
CAPITALIMPROVEMENTFUND 752,250 EQUIPMENTRENTALFUND 907,958STREETIMPROVEMENTFUND1,764,000 BUILDINGFUND 3,322,068
PARKAND REC IMPROVEMENTFUND 622,274 FIREMEN'SPENSION FUND 590,400
TOTAL $26,505,371
Section 2.The 1994 Budget includes$2,833,462of operating "transfers-out"which are also budgeted attheirpointofexpenditureoraretransferredtonon-budgeted debt service accounts.The 1994 Budget
provides for internal seivice fund service expendituresof$5,531,559.These funds provide services for theotherfundsandaresupportedbyratesincludedinotherbudgets,except for a fire station loan in the
amount of $2,970,030,as well as being budgeted as internal service funds.Ending fund balances in
budgeted funds total $4,510,311and requirefurther appropriatîon by the CityCouncilbefore they can be
expended.Other Interfund/intrafund transferstotal $716,650.Net proposed expenditures for 1994 without
further appropriation byamending the budget,(excludingnon-budgeted debt serviceand continuingcapitalprojects)are $15,883,419.
Section 3.The 1994 ComprehensiveBudget for the city as a whole is $17,854,831which Includes anestimated$1,971,412fordebt service expense,continuing capital projects,assessment funds and other non-budgeted items.These items are an estimation only and can be changed as necessary without further
budget appropriation,unlessthe totalexpendituresofa carryoverprojectexceeds the original appropriation.
The 1994 OperatingBudget including $26,505,371,allcarry over projects,estimations for debt service anddebtservicefundbalancesis$32,248,044.O Section 4.The above as an expenditure budget represents estimatedexpendituresand projectedendingfundbalances.Asa revenuebudgetthey include estimatedreceiptsand estimated beginning fund balances.Expenditure and Revenue Budgets are equal or are inbalance in allfunds.Revenue includes debt financing
as displayed in the preliminarybudget.
Section 5.The budget includes a transfer from the Water/SewerFund to the GeneralFund pursuant toRCW35.37.020.
Section 6.Internal servicefund rates have been computed for 1994 as directed by the CityManager.The
rates by fund and department are spread in the variousbudgets in the preliminarybudget document.Theinternalservicefundratesareherebyconfirmedandapprovedbythisoitlinance.
Section 7.The budget for the 1994 fiscalyear is adopted byreference.
Section 8.This ordînance shalltakeeffectand be Inforcefive(5)days after its passage and publicationofitssummaryasprovidedbylaw.
Adopted by the City Council and signed by its M
FinanceDirector
APPR ASTOFORM:
y Attorney
PUBLISH:11/26/93