2364ORDINANCE NO. 2364 •
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AN ORDINANCE ADOPTING THE BUDGET FOR THE CITY OF MOSES LAKE,
WASHINGTON FOR THE YEAR OF 2008
THE CITY COUNCIL OF THE CITY OF MOSES LAKE, WASHINGTON DO ORDAIN AS FOLLOWS:
Section 1. The total amounts of said budget for the year 2008 are as follows:
GENERAL FUND
TOURISM ACTIVITIES
GRANTS AND DONATIONS
PATHS & TRAILS
STREET FUND
STREET REPAIR AND RECONSTRUCTION FUND
PARKS FEES
BASIN HOMES BLOCK GRANT FUND
CAPITAL PROJECTS 2006
CAPITAL IMPROVEMENT FUND
PARK AND RECREATION IMPROVEMENT FUND
WATER/SEWER FUND (M & 0)
WATER/SEWER CONSTRUCTION FUND
SANITATION FUND
AIRPORT
AMBULANCE FUND
UNEMPLOYMENT COMPENSATION INSURANCE FUND
SELF INSURANCE FUND
CENTRAL SERVICES FUND
EQUIPMENT RENTAL FUND
BUILDING FUND, (M & 0)
FIREMEN'S PENSION FUND
TOTAL
$19,177,000
721,000
292,900
661,700
2,144,300
3,759,400
118,000
92,100
150,000
343,400
240,000
18,620,200
8,469,000
3,118,700
212,100
2,107,200
438,700
532,000
1,001,500
2,537,800
4,640,900
379,700
$69,757,600
Section 2. The 2008 Budget includes $13,903,100 of operating "transfers-out" which are also budgeted
at their point of expenditure or are transferred to non-budgeted debt service accounts. The 2008 Budget
provides for internal service fund service expenditures of $9,150,900. These funds provide services for
the other funds and are supported by rates included in other budgets, as well as being budgeted as
internal service funds. Ending fund balances in operating funds excluding internal service, debt service,
and fiduciary funds total $5,880,600 and require further appropriation by the City Council before they
can be expended.
Section 3. The 2008 Comprehensive Budget for the city as a whole is $43,866,500 which includes an
estimated $2,962,400 for debt service expense, continuing capital projects, assessment funds and other
non-budgeted items. These items are an estimation only and can be changed as necessary without
further budget appro p riation, unless the total expenditures of a carryover project exceeds the original
appropriation.
The 2008 Operating Budget including all carry over projects, estimations for debt service and debt
service fund balances is $73,898,700.
Section 4. The above as an expenditure budget represents estimated expenditures and projected
ending fund balances. As a revenue budget they include estimated receipts and estimated beginning
fund balances. Expenditure and Revenue Budgets are equal or are in balance in all funds. •
Adopted by the City Council and signed by its Mayor on November 27, 200
ATTEST:
onald R. Cone, Finance Director
Ronald C. Covey, M
APPR ED AS TO FORM
ames A. W itaker, City orney
ORDINANCE NO. 2364
PAGE 2 November 27, 2007
Section 5. The budget includes a transfer from the Water/Sewer Fund to the General Fund pursuant
to RCW 35.37.020.
Section 6. Internal service fund rates have been computed for 2008 as directed by the City Manager.
The rates by fund and department are spread in the various budgets in the preliminary budget
document. The internal service fund rates are hereby confirmed and approved by this ordinance.
Section 7. The budget for the 2008 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 its summary as provided by law.
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