1653_00001ORDINANCENO.1653
AN ORDINANCE ADOPTINGTHE BUDGET FOR THE CITY OF MOSES LAKE,WASHINGTON FOR THE YEAR OF 1995
THE CITYCOUNCIL OF THE CITYOF MOSES LAKE,WASHINGTON DOORDAIN AS FOLLOWS:
Section 1.The total amounts of said budget for the year 1995 are as follows:
GENERAL FUND $8,193,857STREETFUND647,700PATHS&TRAILS 312,588STREETREPAIRANDRECONSTRUCTIONFUND674,668BASINHOMESBLOCKGRANTFUND25,500CONVENTIONCENTERFUND156,319CAPITALIMPROVEMENTFUND16,163STREETIMPROVEMENTFUND1,041,800PARKANDRECREATIONIMPROVEMENTFUND120,000WATER/SEWER FUND (M &O)4,144,143WATER/SEWER CONSTRUCTION FUND 2,624,590SANITATIONFUND1,860,000AIRPORT28,750UNEMPLOYMENTCOMPENSATIONINSURANCEFUND261,900SELFINSURANCEFUND860,289CENTRALSERVICESFUND748,330EQUIPMENTRENTALFUND1,073,135BUILDINGFUND3,572,716FIREMEN'S PENSION FUND 552,365MOSESLAKEYOUTHPARTNERSHIP18,310TOTAL$26,933,123
Section 2.The 1995 Budget includes $3,552,608of operating"transfers-out"which are also budgeted attheirpointofexpenditureoraretransferredtonon-budgeted debt service accounts.The 1995 Budgetprovidesforinternalservicefundserviceexpendituresof$7,519,095.These funds provide services fortheotherfundsandaresupportedbyratesincludedinotherbudgets,except for a fire station loan in theamountof$3,020,200,as well as being budgeted as intemal service funds.Ending fund balances inoperatingfundsexcludinginternalservicefundstotal$1,850,065 and require further appropriation by theCityCouncilbeforetheycanbeexpended.
Section 3.The 1995 Comprehensive Budget for the city as a whole is $19,206,102which includes anestimated$1,585,292fordebt service expense,continuingcapitalprojects,assessment funds and othernon-budgeted items.These items are an estimation onlyandcan be changed as necessary withoutfurtherbudgetappropriation,unless the total expendituresof a carryover project exceeds theoriginalappropria-tion.
The 1995 OperatingBudgetincluding all carry overprojects,estimationsfor debt service anddebt servicefundbalancesis$34,079,397.
Section 4.Theabove as an expenditure budget represents estimated expenditures and projected endingfundbalances.As a revenue budget they include estimated receipts and estimated beginning fundbalances.Expenditureand Revenue Budgetsare equal or are in balance inall funds.
Section 5.The budget includes a transferfrom theWater/Sewer Fund to the General Fund pursuant toRCW35.37.020.
Section 6.Internal service fund rates have been computed for 1995 as directed by theCityManager.TheratesbyfundanddepartmentarespreadinthevariousbudgetsinthepreliminarybudgetdocumentTheinternalservicefundratesareherebyconfirmedandapprovedbythisordinance.
Section 7.The budget for the 1995 fiscal year is adopted by reference.
Section 8.This ordinanceshall take effect and be in force five (5)days after its passage and publicationasprovidedbylaw.
Adopted by the City Council and signed by its Mayoron Decem ,994.
ATTEST:Mayor
Finance Director
A
µÍtyAttorney *
PUBLISHED:12/16/94