HomeMy WebLinkAboutORD 4750 CITY OF RENTON, WASHINGTON
ORDINANCE NO. 4 7 5 0 I
AN ORDINANCE APPROPRIATING MONIES FROM THE GENERAL
FUND (FUND 0000) EXCESS BALANCE TO BE TRANSFERRED TO
THE CAPITAL IMPROVEMENT FUND (FUND 316) AND INCREASING
THE EXPENDITURE AUTHORITY IN FUND 316 FOR THE PURPOSE
OF PURCHASING EQUIPMENT.
WHEREAS, additional equipment needs have been identified for the City Hall; and
WHEREAS, the Administration has presented the needs and the Council has reviewed
the needs;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, I
WASHINGTON, DO ORDAIN AS FOLLOWS:
' SECTION I. The expenditures in the General and Capital Improvement Fund will
increase as illustrated in the following table:
Fund 1998 Adopted Budget 1998 Adjusted Budget
General $3 8,367,573 $3 8,837,573
Capital Improvement Fund $ 8,499,336 $ 8,969,336
SECTION II. The General Fund will transfer the $470,000 from unallocated fund
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bal�nce to the Capital Improvements Fund to pay for these expenditures. The expenditures are �
for the purposes of purchasing equipment and security capital items.
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ORDINANCE NO. 4 7 5 0
, SECTION III. This ordinance shall be effective upon its passage, approval, and ��
five (5) days after publication.
PASSED BY THE CITY COUNCIL this �6thday of October , 1998.
Marilyn J. et en, City Clerk �
APPROVED BY THE MAYOR this 26thday of October 1998.
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Jes Tanner, Mayor
Approved as orm: -_
�G���
Lawrence J. Warren, City Attorney �
Date of Publication: l0 30 98 summa
( rv)
ORD.744:10/14/98:as.
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