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HomeMy WebLinkAboutORD 5384Amends ORD 5325 CITY OF RENTON,WASHINGTON ORDINANCE NO.5384 AN ORDINANCE OF THE CITY OF RENTON,WASHINGTON, AMENDING THE FISCAL YEAR 2008 ANNUAL BUDGET AS ADOPTED BY ORDINANCE NO.5325 TO APPROPRIATE AND TRANSFER FROM FUND 502 TO FUND 317 FOR BURNETT LINEAR PARK PHASE II PROJECT EXPENSES IN THE TOTAL AMOUNT OF $60,000. WHEREAS,on March 10,2008,the City Council adopted Ordinance 5362 approving the 2008 Annual Budget;and WHEREAS,it is necessary to amend the 2008 Annual Budget to accommodate revenue and expenditures for the Burnett Linear Park Phase II project; NOW,THEREFORE,THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON,DOES ORDAIN AS FOLLOWS: SECTION I.The Fiscal Year 2008 Annual Budget is hereby amended to include the following adjustment to the Insurance Fund (502)to transfer to Fund 317 as listed below: Insurance Fund (502) FY 2008 2008 After Budget Increase Carry Forward Budget REVENUES Funding Source Reserve from South Renton Revenues EXPENDITURES Transfer Out to 317 Expenditures 60,000 60,000 o o o 1 o o 60,000 60,000 Amended 2008 Budget 60,000 60,000 60,000 60,000 SECTION II. ORDINANCE NO.5384 This ordinance shall be effective upon its passage,approval,and five (5)days after publication. PASSED BY THE CITY COUNCIL this 9th day of_..><..J""""'un......,e""--,2008. Michele Neumann,Deputy City Clerk APPROVED BY THE MAYOR this 9th day of J_un_e ,2008. ~~~- Denis Law,Mayor Approved as to form: ~..o ...<r~'.~'"- awrmce J.Warren,City Attorney Date of Publication:6/14/2008 (summary) ORD.1470:5/12/08:scr 2