1837_00001ORDINANCE NO.1837
AN ORDINANCE ADOPTING THE BUDGET FOR THE CITY OF MOSES LAKE,WASHINGTON FOR THE YEAR OF 1999
THE CITYCOUNCILOF THE CITYOF MOSES LAKE,WASHINGTON DO ORDAINAS FOLLOWS:
Section 1.The totalarnounts of said budget for theyear 1999 are as follows:
GENERAL FUND $11,184,000STREETFUND1,016,300PATHS&TRAILS 17,000STREETREPAIRANDRECONSTRUCTIONFUND544,300BASINHOMESBLOCKGRANTFUND9,000CONVENTIONCENTERFUND,SPECIAL REVENUE 411,400CAPITALIMPROVEMENTFUND40,600STREETIMPROVEMENTFUND852,200PARKANDRECREATIONIMPROVEMENTFUND573,400WATERISEWERFUND(M &O)6,813,800WATER/SEWER CONSTRUCTION FUND 4,743,600SANITATIONFUND2,694,000AIRPORT54,500UNEMPLOYMENTCOMPENSATIONINSURANCEFUND339,800SELFINSURANCEFUND826,000CENTRALSERVICESFUND866,400EQUIPMENTRENTALFUND1,329,000BUILDINGFUND,(M&O)994,600BUILDINGFUNDCONSTRUCTIONPROJECTS59,000FIREMEN'S PENSION FUND 556,000MRKPARKTRUST116,200TOTAL$34,041,100
Section 2.The 1999 Budget includes $4,507,800of operating "transfers-out"whichare also budgeted at theirpointofexpenditureoraretransferredtonon-budgeted debt service accounts.The 1999 Budget provides forinternalservicefundserviceexpendituresof$4,414,800.These funds provideservices for the otherfunds andaresupportedbyratesincludedinotherbudgets,as wellas being budgeted as internal service funds.Endingfundbalancesinoperatingfundsexcludinginternalservicefundstotal$7,376,500and require further appropriationbytheCityCouncilbeforetheycanbeexpended.
Section 3.The 1999 Comprehensive Budget forthe city as a whole is $19,372,100which includes an estimated$1,819,400fordebt serviceexpense,continuing capital projects,assessment funds and other non-budgeted items.These items are anestimation onlyandcan be changed as necessary withoutfurther budget appropriation,unlessthetotalexpendituresofacarryoverprojectexceedstheoriginalappropriation.
The 1999 OperatingBudget including allcarryover projects,estimationsfor debt serviceand debt service fundbalancesis$34,042,000.
Section4.The above as an expenditure budgetrepresents estimated expenditures and projected ending fundbalances.As a revenue budget they include estimated receipts and estimated beginning fund balances.Expenditure and Revenue Budgets are equal orare in balance in allfunds.
Section 5.The budget includes a transfer from theWater/Sewer Fund to the General Fund pursuant to RCW35.37.020.
Section 6.Internal service fund rates have been computedfor 1999 as directed by theCity Manager,The ratesbyfundanddepartmentarespreadinthevariousbudgetsinthepreliminarybudgetdocument.The internalservicefundratesareherebyconfirmedandapprovedbythisordinance.
Section 7.The budget forthe1999 fiscal year is adopted by reference,
Section 8.This ordinance shall take effect and be in force five (5)days after its passage and publication of itssummaryasprovidedbylaw.
Adopted by theCity Council and signed by its Mayor on ember 8,1998.
ATTEST:Mayor
Finance Director
dityAttorney PUBLISH:12/11/98