2104_00001ORDINANCENO.2104
AN ORDINANCE ADOPTING THE BUDGET FOR THE CITY OF MOSES LAKE,WASHINGTON FORTHEYEAROF 2003
THE CITYCOUNCILOF THE CITYOF MOSES LAKE,WASHINGTONDO ORDAINAS FOLLOWS:
Section 1.The totalamounts of said budget for the year 2003 are as follows:
GENERALFUND $13,293,200TOURISMACTIVITIES165,000PATHS&TRAILS 22,700STREETFUND1,273,900STREETREPAIRANDRECONSTRUCTIONFUND1,060,000BASINHOMESBLOCKGRANTFUND78,200CAPITALIMPROVEMENTFUND809,600STREETIMPROVEMENTFUND604,500PARKANDRECREATIONIMPROVEMENTFUND672,800WATER/SEWERFUND(M&O)7,755,500WATER/SEWER CONSTRUCTIONFUND 7,277,000SANITATIONFUND4,197,800AIRPORT51,300AMBULANCEFUND1,567,700UNEMPLOYMENTCOMPENSATIONINSURANCEFUND427,200
SELF INSURANCEFUND 786,900CENTRALSERVICESFUND925,000EQUIPMENTRENTALFUND1,839,600
BUILDINGFUND,(M&O)2,449,200FIREMEN'SPENSION FUND 530,000MRKPARKTRUST137.800TOTAL$45,924.900
Section 2.The 2003 Budget includes $5,263,700ofoperating "transfers-out"which are also budgeted at theirpointofexpenditureoraretransferredtonon-budgeted debt service accounts.The 2003 Budget provides for internalservicefundserviceexpendituresof6,427,900.These funds provideservices fortheother funds and are supportedbyratesincludedinotherbudgets,as wellas being budgeted as internal service funds.Ending fund balances inoperatingfundsexcludinginternalservice,debt service,andfiduciary funds total$9,323,600and requiirefurtherappropriationbytheCityCouncilbeforetheycanbeexpended.
O Section 3.The 2003 Comprehensive Budget forthe cityas a whole is $27,833,700which includes an estimated$2,762,100fordebtservice expense,continuing capitalprojects,assessment funds and other non-budgeted items.These items are an estimation onlyand can be changed as necessary withoutfurther budget appropriation,unlessthetotalexpendituresofacarryoverprojectexceedstheoriginalappropriation.
The 2003 Operating Budget including allcarry over projects,estimations for debt service anddebt servicefundbalancesis$45,924,900,
Section 4.The above as an expenditure budget represents estimated expenditures and projected ending fundbalances.As a revenue budget they include estimated receipts and estimated beginning fund balances.Expenditure and Revenue Budgets areequalor are in balance in allfunds.
Section 5.The budget includes a transferfrom the Water/Sewer Fund to the General Fund pursuant to RCW35.37.020.
Section 6.Internal service fund rates have been computed for2003 as directed bythe CityManager.The ratesbyfundanddepartmentarespreadinthevariousbudgetsinthepreliminarybudgetdocument,The internalservicefundratesareherebyconfirmedandapprovedbythisordinance.
Section 7.The budget for the 2003 fiscal year is adopted by reference.
Section 8.This ordinance shalltakeeffect and be in force five (5)days after its passage and publication of itssummaryasprovidedbylaw
Adopted bythe CityCouncil and signed byits Mayoron December 10,2002.
ATTES Mayore
PI'nance Director
APPROVEDAS TO FOR
t0ity Attorn