1698_00001ORDINANCE NO.1698
AN ORDINANCE ADOPTINGTHE BUDGET FORTHE CITY OF MOSES LAKE,WASHINGTON FOR THE YEAR OF 1996
THE CITY COUNCIL OF THE CITY OF MOSES LAKE,WASHINGTON DO ORDAIN AS FOLLOWS:
Section 1.The totalamounts of said budget for the year 1996 are as follows:
GENERAL FUND $8,592,942STREETFUND669,376
PATHS&TRAILS 330,288STREETREPAIRANDRECONSTRUCTIONFUND587,000&BASIN HOMES BLOCK GRANT FUND 30,700CONVENTIONCENTERFUND172,000CAPITALIMPROVEMENTFUND16,000STREETIMPROVEMENTFUND594,139PARKANDRECREATIONIMPROVEMENTFUND195,084
CENTRAL DRIVE LID 1,672,000WATER/SEWER FUND (M &O)5,940,350
WATERISEWER CONSTRUCTION FUND 4,055,000SANITATIONFUND2,330,000
AIRPORT 49,890UNEMPLOYMENTCOMPENSATIONINSURANCEFUND282,000
SELF INSURANCE FUND 740,500CENTRALSERVICESFUND697,593EQUIPMENTRENTALFUND1,136,451BUILDINGFUND3,384,767FIREMEN'SPENSION FUND 553,000MRKPARKTRUST52,000MOSESLAKEYOUTHPARTNERSHIP16,550
TOTAL $32,097,628
Section 2.The 1996 Budget includes$4,041,294ofoperating"transfers-out"whichare also budgeted attheirpointofexpenditureoraretransferredtonon-budgeteddebt service accounts.The 1996 Budgetprovidesforinternalservicefundserviceexpendituresof$7,173,916.These funds provide services fortheotherfundsandaresupportedbyratesincludedinotherbudgets,except for a fire station loan in theamountof$3,020,300,as well as being budgeted as internal service funds.Ending fund balances inOoperatingfundsexcludinginternalservicefundstotal$277,617 and require further appropriation by theCityCouncilbeforetheycanbeexpended.
Section 3.The 1996 Comprehensive Budget for the city as a whole is $22,250,823which includes anestimated$1,577,490fordebt service expense,continuingcapital projects,assessment funds and othernon-budgeteditems.These items are an estimationonly and can be changed as necessary withoutfurtherbudgetappropriation,unless thetotalexpenditures of a carryoverproject exceeds the originalappropria-tion.
The 1996 Operating Budget including allcarryoverprojects,estimations fordebt service and debt servicefundbalancesis$38,426,545.
Section 4.The above as an expenditure budget represents estimated expenditures and projectedendingfundbalances.As a revenue budget they include estimated receipts and estimated beginning fundbalances.Expenditure and Revenue Budgets are equal or are in balance in all funds.
Section 5.The budget includes a transfer from the Water/Sewer Fund to the General Fund pursuant toRCW35.37.020.
Section6.Internal service fundrates have been computedfor 1996 as directed bytheCityManager.Theratesbyfundanddepartmentarespreadinthevariousbudgetsinthepreliminarybudgetdocument.Theinternalservicefundratesareherebyconfirmedandapprovedbythisordinance.
Section 7.The budget for the 1996 fiscal year is adopted by reference.
Section 8.This ordinanceshall take effect and be in force five (5)days after its passage and publicationofitssummaryasprovidedbylaw.
Adopted by the City Counciland signed by its Mayoron N
Mayor
Finance Director
D F
ity Attorney PlJBLISH:12/1/95