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HomeMy WebLinkAboutORD 3714 CITY OF RENTON, WASHINGTON ORDINANCE NO. 3714 AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, PROVIDING FOR APPROPRIATION AND TRANSFER OF FUNDS. WHEREAS the City of Renton, Washington, has heretofore received unanticipated revenues for Street Improvement Projects in excess of estimated revenues for the calendar year 1983; and WHEREAS it is necessary and advisable to appropriate and transfer such funds into the belowmentioned funds and such appropriation being necessary and in the public interest and for the public benefit, NOW THEREFORE THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DO ORDAIN AS FOLLOWS: SECTION I : The Director of Finance is hereby authorized and directed to provide for the following appropriation and transfer See Exhibit "A" attached hereto and made a part hereof as if fully set forth. SECTION II: This Ordinance shall be effective upon its passage, approval and five days after its publication. PASSED BY THE CITY COUNCIL this 7th day of March 1983 . Maxine E. Motor, City Clerk i APPROVED BY THE MAYOR this 7th day of March , 1983. Barbara Y. Shinpoch, Mayor Approved as to form: Lawrence J. ren, City Attorney Date of Publication: March 11, 1983 CITY OF RENTON, WASHINGTON EXHIBIT "A" ORDINANCE NO. 3714 THE FOLLOWING ADJUSTMENTS TO 1983 ESTIMATED REVENUE AND APPROPRIATIONS ARE NECESSARY DUE TO THE FOLLOWING: 1 ) 1982 Street Improvement Projects not completed and not re-budgeted in 1983, or 2) New Street Improvement Projects, unknown at 1983 Budget adoption time, or 3) Adjustments to existing Street Improvement Projects. 1 ) PROGRAM #098/N. 8TH & PARK AVENUE N. SIGNAL PROJECT (STREET FUND) 1982 project not completed; re-budget for 1983. APPROPRIATE FROM: Contributions from Private Source/Boeing Company Revenue Acct. ---- 103/098.367.00.00.00 . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . $46,000 APPROPRIATE UNTO: Street Fund/Traffic Engineering Expenditure Acct. 104/098.15.541 .00.00.00 . . . . . . . . . . . . . . . . . . . . . . . . . . . $46,000 2) PROGRAM #014/S.W. 7TH/HARDIE SIGNALIZATION PROJECT (STREET FUND) 1982 project not completed; increase funding in 1983. APPROPRIATE FROM: ERC Fees Revenue Acct. ---- 103/014.318.90.00.01 . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . $65,000 APPROPRIATE UNTO: Street Fund/Traffic Engineering Expenditure Acct. 104/014.15.541 .00.00.00 . . . . . . . . . . . . . . . . . . . . . . . . . . . $65,000 3) PROGRAM #010/N.E. SUNSET/UNION AVENUE SIGNAL PROJECT (STREET FUND) 1982 project not completed; increase funding in 1983. APPROPRIATE FROM: ERC Fees Revenue Acct. ---- 103/010.318.90.00.01 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 6,700 FASP - Federal Funds Revenue Acct. ---- 103/010.333.20.02.04 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38,300 $45,000 APPROPRIATE UNTO: Street Fund/Traffic Engineering Expenditure Acct. 104/010/15.541 .00.00.00 . . . . . . . . . . . . . . . . . . . . . . . . . . . $45,000 4) PROGRAM #012/TRAFFIC COMPUTER REPLACEMENT (ARTERIAL STREET FUND) 1982 project not completed; transfer project from Street Fund to Arterial Street Fund; increase funding in 1983. APPROPRIATE FROM: FAUS - Federal Funds Revenue Acct. ---- 102/012.333.20.02.01 $215,100 APPROPRIATE UNTO: Arterial Street Fund Expenditure .Acct. 102/012.15.541 .00.00.00 . . . . . . . . . . . . . . . . . . . . . .... . . $215,100 5) PROGRAM #158/PUGET DRIVE SAFETY IMPROVEMENT PROJECT (ARTERIAL STREET FUND) New project 1983. APPROPRIATE FROM: FASP - Federal Funds Revenue Acct. .---- 102/158.333.20.02.04 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $9,000 APPROPRIATE UNTO: Arterial Street Fund Expenditure Acct. 102/158.15.541 .00.00.00 . . . . . . . . . . . . . . . . . . . . . . . . . . $9,000 CITY OF RENTON, WASHINGTON EXHIBIT "A" - Continued 6) PROGRAM #159/PARK AVENUE N. SIGNALS PROJECT (ARTERIAL STREET FUND) New project 1983. APPROPRIATE FROM: FADS - Federal Funds Revenue Acct. ---- 102/159.333.20.02.01 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 91 ,278 Note: Balance of revenue is $18,722 (it Gas Tax) allocated to Program #157 presently, which will now be totally funded by FASP funds (see Item 7). APPROPRIATE UNTO: Arterial Street Fund Expenditure Acct. 102/159.15.541 .00.00.00 . . . . . . . . . . . . . . . . . . . . . . . . . . . $110,000 r 7) PROGRAM #157 N.E. SUNSET SIGNAL INTERCONNECT (ARTERIAL STREET FUND) 1983 Estimated Revenue is now FASP ---- $91 ,278 It Gas Tax Funds ---------------------- 18.722 Total Revenue Source/1983 Budget ------$110,000 Change to: 100% FASP - Federal Funding. APPROPRIATE FROM: FASP - Federal Funding Revenue Acct. ---- 102/157.333.20.02.04 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $18,722 Note: Expenditure appropriation is correct $110,000. Total increase to Revenue ------ $490,100 Total Increase to Expenditures - $490,100