HomeMy WebLinkAboutORD 5431Amends ORD 5325
CITY OF RENTON,WASHINGTON
ORDINANCE NO.5431
AN ORDINANCE OF THE CITY OF RENTON,WASHINGTON,
PROVIDING FOR THE 2008 YEAR END BUDGET AMENDMENTS.
SECTION I.
hereby amended as follows:
The appropriations and revenues for the following funds are
2008 Adjusted 2008 Final
REVENUE Appropriation Amendment Appropriation
Fund 001 COMMUNITY SERVICES 13,968,543 40,487 14,009,030
Fund 004 COBG 419,700 (142,956)276,744
Fund 316 MUNICIPAL FACILITIES CIP 3,885,378 2,328,040 6,213,418
Fund 317 TRANSPORTATION CIP 40,489,029 3,076,771 43,565,800
Fund 318 SO LAKE WA INFRASTRUCTURE 1,828,255 1,492,956 3,321,211
Fund 405 WATER OPERATIONS 11,198,746 6,760,244 17,958,990
Fund 406 WASTEWATER OPERATIONS 5,590,812 3,690,666 9,281,478
Fund 407 SURFACE WATER OPERATIONS 4,822,834 2,664,694 7,487,528
Fund 501 EQUIPMENT RENTAL 6,381,575 (550,000)5,831,575
TOTAL REVENUE $88,584,872 $19,360,902 $107,945,774
2008 Adjusted 2008 Final
EXPENDITURE Appropriation Amendment Appropriation
Fund 001 COMMUNITY SERVICES 14,357,342 50,487 14,407,829
Fund 004 COBG 8,837,279 (142,956)8,694,323
Fund 305 TRANSPORTATION IMPACT MITIGATION 2,223,229 3,076,771 5,300,000
Fund 316 MUNICIPAL FACILITIES CIP 16,729,745 2,328,040 19,057,785
Fund 317 TRANSPORTATION CIP 46,428,715 46,425,715
Fund 461 WATERWORKS BOND RESERVE 83,244 3,208,114 3,291,358
Fund 501 EQUIPMENT RENTAL 7,359,868 331,390 7,691,258
TOTAL EXPENDITURE $96,019,422 $8,851,846 104,871,268
2008 Adjusted 2008 Final
NET ADJUSTMENT Appropriation Amendment Appropriation
TOTAL REVENUE ADJUSTMENT $88,584,872 $19,360,902 $107,945,774
ORDINANCE NO.5431
TOTAL EXPENDITURE ADJUSTMENT
TOTAL NET ADJUSTMENT
$
$
96,019,422
(7,434,550)
$8,851,846 $
$10,509,056 $
104,871,268
3,074,506
SECTION II.The monies for the budget amendments shown in Section I are
derived from available fund balances or increased revenues as described in Attachment A.
SECTION III.
five days after publication.
This ordinance shall be effective upon its passage,approval,and
PASSED BY THE CITY COUNCIL this 8th day of December ,2008.
Bonnie I.Walton,City Clerk
APPROVED BY THE MAYOR this 8th day of December ,2008.
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Denis Law,Mayor
Approved as to form:
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Lawrence 1.Warren,City Attorney
Date Published:12/13/2008 (summary)
ORD:I 523:11/24/08 :scr
2
12/8/20082:37 PM
CITY OF RENTON
2008 Budget Adjustment Request
Attachment A
Ordinance #5431
Expenditure
Budget
Adjustment
Revenue Budget
Adjustment
Change in Fund
Balance
2,253,040
1,209,000
494,040
550,000
75,000
75,000
2,328,040 2,328,040
75,000
(75,000)
3,076,771 3,076,771
3,076,771 3,076,771
General Governmental Funds
Community Services Fund 001
One time maintenance costs -Contracted
Survey Costs for Cascade Park related to
Benson Hill Annexation.
Funded via Beginning Fund Balance
Excess Staff Costs for Summer Programs
Renton Housing Authority Summer
Programs
Summer Teen Musical Expenditures
Donations -Summer Teen Musical
Total Community Services Fund 001
COBG Fund 004
Adjust Per Contract
Adjust Per Contract
Total COBG Fund 004
Total General Governmental Funds
Capital Funds
Municipal Facilities CIP Fund 316
City Hall/Facilities adjustment to
accommodate BH Annex
King County Annexation Contribution
Transfer In Benson Hill Facility Budget from
Fund 001
Re-allocation of Annexation Sales Tax
Revenue from 501
Burnett Linear Park Phase II
Transfer in from Fund 317
Total Municipal Facilities CIP Fund 316
Transportation Fund 317
Burnett Linear Park Phase II Transfer to 316
Road/Street Construction
Transfer in from Fund 305 -Budget
Correction
Total Transportation Fund 317
Transportation Mitigation Fund 305
Transfer out to Fund 317 -Budget
Correction
Fund Balance
Total Transportation Mitigation Fund 305
South Lake WA Fund 318
Correct carry-forward adjustment entries:
Sales Tax
Real Estate Excise Tax
Economic Devl Adm Grant
CTED State Grant
Developer Reimbursement
Fund Balance
Total South Lake WA Fund 318
10,000
24,544
24,544
15,943
15,943
50,487 40,487
(142,956)
(142,956)
(142,956)(142,956)
(92,469)(102,469)
3,076,771
3,076,771
131,034
1,096,176
347,849
500,000
(582,103)
1,492,956
(10,000)
(10,000)
(10,000)
(3,076,771)
(3,076,771)
1,492,956
1,492,956
Total Capital Funds
F:\Legislation\Ord\1523 Attachment A.xls
5,404,811 6,897,767 1,492,956
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12/8/20082:37 PM
CITY OF RENTON
2008 Budget Adjustment Request
Attachment A
Ordinance #5431
Water Fund 405
2008 Revenue Bond Proceeds
Transfer In from Waterworks Bond Reserve
Fund 461
Fund Balance
Total Water Fund 405
Wastewater Fund 406
2008 Revenue Bond Proceeds
Transfer In from Waterworks Bond Reserve
Fund 461
Fund Balance
Total Wastewater Fund 406
Surface Water Fund 407
2008 Revenue Bond Proceeds
Transfer In from Waterworks Bond Reserve
Fund 461
Fund Balance
Total Surface Water Fund 407
Bond Reserve Fund 461
Transfer out to 405, 406,407
Fund Balance
Total Bond Reserve Fund 461
Expenditure
Budget
Adjustment
3,208,114
3,208,114
Revenue Budget Change in Fund
Adjustment Balance
4,854,670
1,905,574
6,760,244
6,760,244 6,760,244
2,873,172
817,494
3,690,666
3,690,666 3,690,666
2,179,648
485,046
2,664,694
2,664,694 2,664,694
(3,208,114)
(3,208,114)
Total Water Funds
Equipment Rental Fund 501
3,208,114 13,115,604 9,907,490
Fuel costs exceeding budget.Adj Bud of $1
million versus forecasted total of 1.3 million
Fund Balance
Correct Allocation of Annexation Sales Tax
Revenue
Fund Balance
Total Equipment Rental Fund 501
Total Internal Service Funds
331,390
(331,390)
(550,000)
(550,000)
331,390 (550,000)(881,390)
331,390 (550,000)(881,390)
Grand Total
F:\Legislation\Ord\1523 Attachment A.xls
8,851,846 19,360,902 10,509,056
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