2145_00001ORDINANCE NO.2145
AN ORDINANCE ADOPTING THE BUDGET FOR THE CITY OF MOSES LAKE,WASHINGTON FOR THE YEAR OF 2004
THE CITYCOUNCIL OF THE CITY OF MOSES LAKE,WASHINGTONDO ORDAINAS FOLLOWS:
Section 1.The totalarnounts of said budget for theyear 2004 are as follows:
GENERAL FUND $12,988,200TOURISMACTIVITIES578,0000PATHS&TRAILS 33,500STREETFUND1,347,200STREETREPAIRANDRECONSTRUCTIONFUND416,700
BASINHOMES BLOCKGRANT FUND 79,500CAPITALIMPROVEMENTFUND809,800STREETIMPROVEMENTFUND1,429,800PARKANDRECREATIONIMPROVEMENTFUND566,800WATERISEWERFUND(M&O)7,593,000
SAND DUNES WWTP CONSTRUCTION 8,045,000
WATERISEWER CONSTRUCTION FUND 14,382,300SANITATIONFUND4,658,800AIRPORT53,100AMBULANCEFUND1,513,500
UNEMPLOYMENTCOMPENSATION INSURANCE FUND 440,000SELFINSURANCEFUND569,500CENTRALSERVICESFUND940,800EQUIPMENTRENTALFUND1,737,500
BUILDINGFUND,(M&O)1,908,700FIREMEN'S PENSION FUND 372,000MRKPARKTRUST119.000TOTAL$60,582.700
Section2.The 2004 Budget includes $12,605,000ofoperating"transfers-out"which are also budgeted attheirpointofexpenditureoraretransferredtonon-budgeteddebt service accounts.The 2004 Budget provides forinternalservicefundserviceexpendituresof$5,596,500.These funds provide services for the other fundsandaresupportedbyratesincludedinotherbudgets,as well as being budgeted as internal service funds.Ending fund balances in operating funds excluding internal service,debt service,and fiduciary funds total$8,517,500and require further appropriation by theCityCouncil before they can be expended.
Section 3.The 2004 Comprehensive Budget for the city as a whole is $35,476,600whichincludes anestimated$4,186,500fordebt service expense,continuingcapitalprojects,assessment funds and othernon-budgeteditems,These items arean estimationonlyand can be changed as necessarywithout further budgetappropriation,unless the totalexpendituresofa carryover project exceeds the original appropriation.
The 2004 Operating Budget including allcarryover projects,estimations fordebt service and debt servicefundbalancesis$60,515,500.
Section 4.The aboveas anexpenditurebudget represents estimatedexpenditures and projected ending fundbalances.As a revenue budget they include estimated receipts and estimated beginning fund balances.Expenditure and Revenue Budgets are equalor are in balance in allfunds.
Section 5.The budget includes a transferfrom the Water/SewerFund totheGeneral Fund pursuanttoRCW35.37.020.
Section 6.Internal service fund rates have been computed for 2004 as directed by theCity Manager.Theratesbyfundanddepartmentarespreadinthevariousbudgetsinthepreliminarybudgetdocument.Theinternalservicefundratesareherebyconfirmedandapprovedbythisordinance.
Section 7.The budget for the 2004 fiscal year is adopted by reference.
Section 8.This ordinance shall takeeffect and be in force five (5)days after its passagegnd publication ofitssummaryasprovidedbylaw's
Adopted by the CityCouncil and signed by its Mayor on December 23,2003.
ATTEST:Mayor
inance Director
APPROVED AS TO FORM
Cit'yAttorney