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HomeMy WebLinkAboutORD 4770 CITY OF RENTON, WASHINGTON ORDINANCE NO. 4770 AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, APPROPRIATING FUNDS FROM FUND BALANCE, INCREASING THE EXPENDITURES IN VARIOUS FUNDS AND DEPARTMENTS, AND INCREASING THE 1999 BUDGET. WHEREAS, the Renton City Council has adopted a 1999 Budget; and WHEREAS, at the end of 1998 the City had various outstanding obligations; and WHEREAS, the City Council has determined that it is in the economic, fiscal, and recreational interests of the City to invest one time fund balances for the purpose of investing in various capital projects NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON DO ORDAIN AS FOLLOWS: SECTION I. The 1999 Budget shall be amended in the following funds and by the amounts listed below: Adopted Total Adjusted Fund 1999 Budget Amendments 1999 Budget General $ 37,903,487 $ 384,420 $ 38,287,907 Parks 8,045,402 33,200 8,078,602 Street* 5,343,965 445,000 5,788,965 CDBG 395,989 215,268 611,257 Water Operating(401) 19,138,269 32,300 19,170,569 Solid Waste 8,823,541 . 77,372 $8,900,913 Airport 2,186,966 266,895 2,453,861 Capital Projects (316) 8,226,532 2,482,575 10,709,107 Transportation(317) 3,896,000 365,000 4,261,000 All Other Funds 36,705,225 -0 - 36,705,225 Total $130,665,376 $4,302,030 $134,967,406 1 ORDINANCE NO. 4 7 7 0 SECTION II. The source of the funds so appropriated will be from excess fund balances in all funds. In Fund 316, Capital Improvements Fund, the revenues shall be increased by $795,000. The source of this revenue is the insurance settlement from Evergreen Adjustment Services, Inc. for the Highlands Community Center building. SECTION M. Within this appropriation, the Council approves the addition of one limited term employee for 1999. SECTION IV. This ordinance shall be effective upon its passage, approval and five (5) days after its publication. PASSED BY THE CITY COUNCIL this 15th day of March , 1999. rrt) Marilyn J. 't4e . i, City Clerk APPROVED BY THE MAYOR this 15th day of March , 1999. a4-0.4- c7.0k4 -0"## Jes anner, Mayor Approved as to form: Cervido-v.a. Lawrence J. Warren, City Attorney Date of Publication: March 19, 19 9 9 ORD.769"03/01/99. 2