1742_00001ORDINANCENO.1742
AN ORDINANCE ADOPTING THE BUDGET FOR THE CITY OF MOSES LAKE,
WASHINGTON FOR THE YEAR OF 1997
THE CITY COUNClL OF THE CITY OF MOSES LAKE,WASHINGTON DO ORDAIN AS FOLLOWS:
Section 1.The totalamounts of said budget for theyear 1997 are as follows:
GENERAL FUND $9,910,190STREETFUND768,016PATHS&TRAILS 6,400STREETREPAIRANDRECONSTRUCTIONFUND395,219
BASIN HOMES BLOCK GRANT FUND 31,300CONVENTIONCENTERFUND,SPECIAL REVENUE 181,000
CONVENTION CENTER,CAPITAL IMPROVEMENT 56,000CAPITALIMPROVEMENTFUND245,000
STREET IMPROVEMENT FUND 831,717PARKANDRECREATIONIMPROVEMENTFUND1,201,000CENTRALDRIVELID360,000WATER/SEWER FUND (M &O)5,584,195WATER/SEWER CONSTRUCTION FUND 3,978,000SANITATIONFUND2,350,000AIRPORT$7,190UNEMPLOYMENTCOMPENSATIONINSURANCEFUND304,000SELFINSURANCEFUND687,040CENTRALSERVICESFUND836,388EQUIPMENTRENTALFUND1,226,294BUILDINGFUND,(M &O)411,536BUILDINGFUNDCONSTRUCTIONPROJECTS70,000FIREMEN'S PENSIONFUND 495,925MRKPARKTRUST60,000
MOSES LAKE YOUTH PARTNERSHIP 19,500TOTAL$30,065,910
Section 2.The 1997 Budget includes $4,615,535ofoperating"transfersout"which are also budgeted attheirpointofexpenditureoraretransferredtonon-budgeted debt service accounts.The 1997 Budgetprovidesforintemalservicefundserviceexpendituresof$3,535,258.These funds provideservices for
O the other funds and are supported by rates included in other budgets,as well as being budgeted asinternalservicefunds.Ending fund balances in operating funds excluding internal service funds total$657,503and require further appropriationby theCity Council before theycan be expended.
Section 3.The 1997 Comprehensive Budget for the city as a whole is $17,312,437which includes anestimated$1,933,732 for debt service expense,continuing capitat pmjects,assessment funds and othernon-budgeted items.These items are an estimation only and can be changed as necessary without furtherbudgetappropriation,unless the totalexpendituresof a carryover projectexceeds theoriginalappropria-tion.
The 1997 Operating Budget including all carry overprojects,estimations fordebt service and debt servicefundbalancesis$37,084,458.
Section4.The above as an expenditurebudget represents estimated expenditures and projected endingfundbalances.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 transferfrom the Water/Sewer Fund tothe General Fund pursuant toRCW35.37.020.
Section 6.Internal servicefund rates have been computedfor 1997 as directedby theCityManager.Theratesbyfundanddepartmentarespreadinthevariousbudgetsinthepreliminarybudgetdocument.Theinternalservicefundratesareherebyconfirmedandapprovedbythisordinance.
Section 7.The budget for the 1997 fiscal year is adopted by reference.
Section 8.This ordinance shall take effectand be in force five (5)days after its passage and publicationofitssummaryasprovidedbylaw.
Adopted by theCity Council and signed by its Mayor on No ber 26,1996.
T Miyo
Finance Director
AP VEDAS F
ity Attorney
PIJBLISH:12/96