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HomeMy WebLinkAboutORD 5924 CITY OF RENTON, WASHINGTON ORDINANCE NO. 5924 AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, AMENDING THE CITY OF RENTON FISCAL YEARS 2019/2020 BIENNIAL BUDGET AS ADOPTED BY ORDINANCE NO. 5898, IN THE AMOUNT OF $103,959,706. WHEREAS,on November 19, 2018,the City Council adopted Ordinance No. 5898 adopting the City of Renton's 2019/2020 Biennial Budget; and WHEREAS, funds appropriated in 2018, but not expended in 2018 due to capital project interruptions and delays in invoice payments, need to be carried forward and appropriated for expenditure in 2019 requiring an adjustment to the 2019/2020 Biennial Budget; and WHEREAS, minor corrections and the recognition of grants, contributions and associated costs and new cost items not previously included in the budget require additional adjustments to the 2019/2020 Biennial Budget; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DO ORDAIN AS FOLLOWS: SECTION I. The City of Renton's 2019/2020 Biennial Budget, originally adopted in Ordinance No. 5898, is hereby amended in the total amount of $103,959,706 for an amended total of$629,014,390 over the biennium. SECTION II. The City Council hereby adopts the amended 2019/2020 Biennial Budget. The 2019 Carry Forward/1st Quarter Budget Adjustment Summary by Fund is attached as Exhibit A and the 2020 Adjusted Budget Summary by Fund is attached as Exhibit B. Detailed lists of adjustments are available for public review in the Office of the City Clerk, Renton City Hall. 1 ORDINANCE NO. 5924 SECTION III. This ordinance shall be in full force and effect five (5) days after publication of a summary of this ordinance in the City's official newspaper. The summary shall consist of this ordinance's title. PASSED BY THE CITY COUNCIL this 22nd day of April, 2019. Jason A. S th, City CI r< APPROVED BY THE MAYOR this 22nd day of April, 2019. 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