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HomeMy WebLinkAboutORD 5325CITY OF RENTON,WASHINGTON ORDINANCE NO.5325 AN ORDINANCE OF THE CITY RENTON,WASHINGTON, ADOPTING THE ANNUAL BUDGET FOR THE YEAR 2008,IN THE AMOUNT OF $234,628,924. WHEREAS,the City of Renton has met and considered its budget for the calendar year 2008;and WHEREAS,the residents of the area generally known as the Benson Hill Annexation have approved annexation to the City of Renton by vote resulting in the City of Renton extending City services to this area effective March 1,2008;and WHEREAS,the City Council conducted public hearings for the purpose of accepting testimony related to the 2008 Budget on November 26,2007 and again on December 3,2007; NOW,THEREFORE,THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON,DOES ORDAIN AS FOLLOWS SECTION I.After due notice and public hearing thereon as provided by law,the annual budget for the City of Renton for the year 2008,previously prepared and filed with the City Clerk,as modified hereby,be and is hereby ratified,confirmed and adopted,in all respects,as such annual budget for the year 2008.Such annual budget is detailed in Attachment A,2008 Budget Summary by Fund,Resources and Expenditures, which is incorporated herein as if fully set forth. SECTION II.Attachment A defines the total sums authorized and allowed for expenditures and establishes such sums in each of the funds in the annual 2008 budget. SECTION III. ORDINANCE NO.5325 Attachment B describes the amounts and positions authorized specifically for the purpose of extending City services to the Benson Hill Annexation Area. SECTION IV.Acts pursuant to this Ordinance,but prior to its passage or effective date,are hereby ratified and confirmed. SECTIONV.A copy of the annual 2008 budget,as herein adopted,shall be transmitted to the Office of the State Auditor,Division of Municipal Corporations,and such other governmental agencies as provided by law. SECTION VI.This Ordinance shall be effective upon its passage, approval,and five days after publication. PASSED BY THE CITY COUNCIL this 10thdayof December ,2007. ~·"u~ Bonnie I.Walton,City Clerk APPROVED BY THE MAYOR this lOthdayof December ,2007. ~~~Kathy K ker,Mayor AP~d as to form:ex ~,,_.-e~G-.u~ Lawrence J.Warren,City Attorney Date of Publication:12/15/2007 (summary) ORDINANCE NO. ATIACHMENT A Fund,Resources and Expenditures 2008 Benson Annexation Budget Fund Resources Expenditures Resources Expenditures ENTERPRISE FUNDS: 402/Airport 1,363,192 1,363,192 1,363,192 1,363,192 422/Airport Capital Improvement 1,895,000 1,895,000 1,895,000 1,895,000 403/Solid Waste Utility 11,184,614 11,184,614 11,184,614 11,184,614 404/Golf Course 2,518,431 2,518,431 2,518,431 2,518,431 424/GolfCourse Capital Fund 220,000 220,000 220,000 220,000 405IWater Utility Operation Fund 11,326,749 11,326,749 11,326,749 11,326,749 406IWastewater Operation Fund 5,705,445 5,705,445 5,705,445 5,705,445 407/Storm Water Utility Operation Fund 4,247,023 4,247,023 575,811 575,811 4,822,834 4,822,834 0 416lKing County Metro Fund 10,032,000 10,032,000 10,032,000 10,032,000 ~ 425IWater Utility Construction Fund 8,875,000 8,875,000 8,875,000 8,875,000 t:l :J:-H 426IWastewater Utility Construction 1-,3 Z Fund 3,125,000 3,125,000 3,125,000 3,125,000 1-,3 :J:- :J:-Z 427/Storm Water Utility Construction ()() Fund 3,526,667 3,526,667 3,526,667 3,526,667 ::r:tIJ 3: tIJ Z 451IWaterworks Revenue Bond Fund 0 0 0 0 Z 0 1-,3 4611Waterworks Bond Reserve 83,244 83,244 83,244 83,244 471/Waterworks Rate Stablilization 0 0 0 0 :J:-I~48112004 Water/Sewer Bonds 0 0 0 0 INTERNAL SERVICE FUNDS: 501lEquipment Rental 4,318,359 4,318,359 2,063,216 2,063,216 6,381,575 6,381,575 503/lnformation System Fund 5,159,436 5,159,436 398,272 398,272 5,557,708 5,557,708 5021lnsurance 2,978,103 2,978,103 2,978,103 2,978,103 512/Hea1thcare Insurance 8,994,169 8,994,169 8,994,169 8,994,169 522/LEOFF1 Retirees Healthcare Insurance Fund 1,889,434 1,889,434 1,889,434 1,889,434 FIDUCIARY FUNDS: 611lFiremen's Pension 507,807 507,807 507,807 507,807 TOTALS 222,922,220 222,922,220 11,706,704 11,706,704 234,628,924 234,628,924 ORDINANCE NO. ATTACHMENT A 2008 Budget Summary By Fund,Resources and Expenditures 2008 Baseline Budget 2008 Benson Annexation Budget 2008 Total Budget Fund Resources Expenditures Resources Expenditures Resources Expenditures GENERAL GOVERNMENT FUNDS: OOO/General 82,227,942 82,227,942 8,584,841 8,584,841.00 90,812,783 90,812,783 OOl/Community Services 003/Street 004/Community Dey Block Grant 006ILibnuy 007/Parking Garage Maintenance 010IFire Memorial Fund 011IFire Health and Wellness 215/Gen.Govt.Misc.Debt Service 4,269,400 4,269,400 4,269,400 4,269,400 0::u20l/Ud G.O.Bonds/Gen.Govt.Misc.:t:'t::I Debt SyC t-3 H t-3 Z207/1978 Limited G.O.Bonds :t:':t:' ()Z SPECIAL REVENUE FUNDS::::r:() 3:I:I:l 102/Arterial Street 585,000 585,000 585,000 585,000 I:I:l Z Z108/Leased City Properties 1,062,272 1,062,272 84,564 84,564 1,146,836 1,146,836 t-3 0 110/Hotel/Mote1 Fund 267,000 267,000 267,000 267,000 . 118/Reserve for Paths &Trails 0 0 0 0 :t:'I~125/1 %For Art 77,505 77,505 77,505 77,505 127/Cab1e Communication 74,778 74,778 74,778 74,778 131/Park Memorial 0 0 0 0 DEBT SERVICE FUNDS: 219/1989 Unlimited G.O.Bonds 548,750 548,750 548,750 548,750 220/L.I.D.Debt Service Fund 0 0 0 0 CAPITAL PROJECT FUNDS (CIP): 30l/Garage CIP 0 0 0 0 303/Community Dey.Mitigation Fund 0 0 0 0 304IFire Mitigation Fund 300,000 300,000 300,000 300,000 305/Transportation Mitigation Fund 1,873,229 1,873,229 1,873,229 1,873,229 307/Aquatics Center 0 0 0 0 316/Municipa1 Facilities CIP 13,708,000 13,708,000 13,708,000 13,708,000 317/Transportation CIP 29,928,671 29,928,671 29,928,671 29,928,671 318/South Lake WA Infrastructure Project 50,000 50,000 50,000 50,000 ORDINANCE NO.---..5...12.5 ATTACHMENT B 2008 Budget to serve Benson Hill Annexation OPERATING:GENERAL FUND IFund 2008 Ongoing 2008 One- Department FTE Compensation Operating Costs Time Costs Administrative,Judicial &Legal Services Subtotal 5.50 340,394 577,333 18,000 Econ Development,Neighborhoods &Strategic Planning Subtotal 5.50 265,968 140,000 Finance &Information Svs Subtotal 5.00 379,337 249,150 Human Resources &Risk Mgmt Subtotal 2.00 188,511 75,000 Police Subtotal 31.00 2,484,313 1,114,000 502,000 Fire &Emergency Services Subtotal 9.00 662,882 29,700 Community Services Subtotal 6.50 460,490 468,318 329,020 Planning,Building,Public Works Subtotal 17.40 1,014,784 354,900 755,800 OPERATING:ENTERPRISE FUNDS 8.70 501,104 155,700 640,000 Grand Totals by Fund General Gov't 000 $8,584,841 $5,427,470 $2,402,851 $754,520 Utilities 401 575,811 575,811 ER&R 501 2,063,216 65,816 267,400 1,730,000 Info.Svcs 503 398,272 149,122 249,150 Facilities 108 84,564 79,564 5,000 Gen.CIP 316 Trans CIP 317 TOTAL $11,706,704 90.60 6,297,783.00 2,670,251.33 2,738,670.00