1505_00001ORDINANCENO.1505
AN ORDINANCE ADOPTINGTHE BUDGET FOR THE CITY OF MOSES LAKE,WASHINGTONFOR THE YEAROF 1992
WHEREAS,the CityCouncilof the Cityof Moses Lake,Washington,after holding publichearings for thepurposeofconsideringtheproposed1992BudgetfortheCityofMosesLake,said budget hearings beingheldasprovidedbyfederalandstatelaw.
NOW,THEREFORE,THE CITYCOUNCILOF THE CITYOFMOSES LAKE,WASHINGTONDOORDAINASFOLLOWS:
Section 1.Thetotal amounts of said budget for theyear 1992 are as follows:
AMOUNTGENERALFUND$6,433,658STREETFUND1,057,530STREETREPAIRANDRECONSTRUCTIONFUND502,614MID-PENINSULABLOCKGRANTFUND 83,550BASINHOMESBLOCKGRANTFUND6,000CONVENTIONCENTERFUND140,000CAPITALIMPROVEMENTFUND671,000STREETIMPROVEMENTFUND1,870,000WATER/SEWER FUND (M&O)3,947,100WATER/SEWER CONSTRUCTION FUND 2,127,000SANITATIONFUND1,327,500UNEMPLOYMENTCOMPINSURANCEFUND198,111
SELF-INSURANCEFUND 1,100,000CENTRALSERVICESFUND1,094,040BUILDINGMAINTENANCEFUND739,830EQUIPMENTRENTALFUND2,477,800FIREMEN'SPENSION FUND 515,000DEFERREDCOMPENSATIONFUND335,000P.E.R.S.TRUST FUND 178,000TOTAL24,803,733
Section 2.The 1992 Budget includes $2.191,833of operating "transfers-out"which are also budgeted attheirpointofexpenditureoraretransferredtonon-budgeted debt service accounts.The 1992 Budgetprovidesforinternalservicefundexpendituresof$2,587,445.These funds provide services for the otherfundsandaresupportedbyratesincludedinotherbudgets,as well as being budgeted as internal servicefunds.Ending fund balances totaling$6,549,295require further appropriationbefore they can be expended.Other interfund/intrafund transfers total $1,295,905.Net proposed expenditures for 1992 without furtherappropitationbyamendingthebudget,{excludingnon-budgeted debt service and continuing capitalprojects}are $12,179,255.
Section 3.The 1992 Comprehensivebudget for the Cityas a whole is $13,315,024which includes anestimated$1,135,769fordebt service,continuing capital projects,assessment funds and other non-budgeteditems.These Items are an estimation only and can be changed as necessary without further budgetappropriation,unless the total expenditures of a carry over project exceeds the originalappropriation.
Section4.The above as an expenditurebudget represents estimated expenditures and projected endingfundbalances.As a revenue budget theyinclude estimated receipts and estimatedbeginningfund balances.Expenditure and Revenue budgets are equal or are in balance in all funds.
Section 5.The budget includes a transferfrom the Water/Sewer Fund to the General Fund Pursuant toRCW35.37.020.
Section6.The budget for the 1992 fiscalyear is adopted by reference.
Section 7.This ordinance shall take effect and be in forcefive (5)days after its passage and publicationasprovidedbylaw.
Adopted by the CityCouncila
Pinance Director
A ST
ÇIfyAttorney i
PUBLISH:12/2/91