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HomeMy WebLinkAboutORD 2895CITY OF RENTON, WASHINGTON ORDINANCE NO. 2895 AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON ADOPTING AN ANNUAL BUDGET FOR THE YEAR T9 7 5 THE CITY COUNCIL OF THE CITY OF RENTON DO ORDAIN AS FOLLOWS: SECTION I: That the Annual Budget for the City of Renton for the year 19 75 heretofore prepared and filed with the City Clerk, as modified and approved by vote of the City Council of the City of Renton on December 2, 19 74, after due notice and hearing thereof as provided by law, be and the same is hereby in all respects ratified, adopted and confirmed as such Annual Budget for the year 19 75, and same by this reference is incorporated herein as if fully set forth, and a complete and accurate copy of said Budget being attached hereto, labeled Exhibit "A" . Ordinance No. 2881' adopted under date of October 7, 1974 19 74 fixed the estimated amount of tax levies necessary for the year 197 5, which said ordinance was duly amended by Ordinance No. 2887 on October 21, 1974. SECTION II: The following total sums for expenditures are hereby allowed and established in each of the following funds in said 19 75 Budget, to-wit: CURRENT FUND $ 4,378,332 PARK FUND 916,052 ARTERIAL STREET FUND 494,619 CITY STREET FUND 946,318 LIBRARY FUND 295,301 CUMULATIVE RESERVE FUND #1894 8,500 CUMULATIVE RESERVE FUND #1698 14,200 CUMULATIVE RESERVE FUND #1689 1,660 CUMULATIVE RESERVE FUND #2373 12,500 CUMULATIVE RESERVE FUND #2104 55,280 CUMULATIVE RESERVE FUND #2283 2,330 CUMULATIVE RESERVE FUND #2755 3,700 -1- LIBRARY CONSTRUCTION FUND 12,883 AIRPORT CONSTRUCTION FUND CONTINGENCY FUND 73,108 19 6 5 G. 0. BOND INTEREST & REDEMPTION FUND 72,100 19 6 7 LIMITED G. 0. BOND INTEREST & REDEMPTION' FUND 142,288 REFUNDING LIMITED G. 0. BONDS 1974 106,917 STREET FORWARD THRUST FUND 3,022,882 URBAN ARTERIAL FUND 643,128 WATERWORKS UTILITY FUND 2,048,849 AIRPORT FUND 265,493 EQUIPMENT RENTAL FUND 349,744 FIREMEN'S PENSION AND RELIEF FUND 159,804 COMPREHENSIVE EMPLOYMENT TRAINING FUND 156,114 LAKE WASHINGTON BEACH FORWARD THRUST FUND 237,895 FEDERAL SHARED REVENUE FUND 626,000 WORK INCENTIVE FUND 20,878 CAREERS 12,996 TOTAL ORDINARY EXPENDITURES (A) $15,079,871 (B) Receipts from sources other than taxation $ 9,767,561 Add surpluses carried over from previous year 2,972,987 TOTAL TO BE RAISED BY TAXATION 2,339,323 TOTAL BUDGET FOR EXPENDITURES(A) AND RECEIPTS (B): $15,079,871 -2- SECTION III: A copy of the Budget as herein adopted shall be transmitted to the office of the State Auditor in Washington, Division of Municipal Corporations, and such other governmental agencies as provided by law. SECTION IV: This Ordinance shall be effective on and after its passage, approval and five (5) days after its legal publication as provided by law. PASSED BY THE CITY COUNCIL this 2na day of December, 1974. Delores A. Mead, City(Clerk APPROVED BY THE MAYOR this 2nd day of December, 19 74. Gerard M. Shellan, City Attorney Date of Publication: 12-13-74 -3-