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HomeMy WebLinkAboutORD 4694 CITY OF RENTON. WASHINGTON ORDINANCE N0. 4694 AN ORDINANCE OF Z'�E CITY OF RENTON, WASHINGTON ADOPTING THE ANNiJAL BUDGET FOR TFiE YEAR 19 9 8 . THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON DO ORDAIN AS FOLLOWS : SECTION I. The Annual Budget for the City of Renton for the year 1998, heretofore prepared and filed with the City Clerk, as modified hereby after due notice and hearing thereof as provided by law, be and the same is hereby in all respects ratified, adopted, and confirmed as such Annual Budget for the Year 1998, and same by this reference is incorporated herein as if fully. set forth, labeled as (A) Expenditures and (B) Resources . Ordinance No. 4693 adopted on December l , 1997, fixes the amount of tax levies necessary for the year 1998 . SECTION II. Attachment A defines the total sums for the expenditures hereby allowed and established in each of the funds in said 1998 Budget . Attachment B defines the amendments to the Budget as passed by the City Council . SECTION III. The acts taken pursuant to this ordinance but prior to its passage or effective date are hereby ratified and conf irmed. SECTION IV. A copy of the Budget as herein adopted shall be transmitted to the Office of the State Auditor, Division o� Municipal Corporations, and such other governmental agencies as provided by law. 1 � ORDINANCE N0. 4694 SECTION V. This ordinance shall be effective upon its passage, approval and five days after its publication. PASSED BY THE CITY COUNCIL, this lst day of December, 1997 . PASSED BY THE CITY COUNCIL this lst day of December , 1997 . , � Marilyn etersen, City Clerk APPROVED BY THE MAYOR this lst day of December , 1997 . � Jess = anner, Mayor Approved a to form: �� Lawrence J. Warre , City Attorney I Date of Publication: 12/5/97 (Summary), ORD. 687 : 11/19/97 : as . 2 � ORDINANCE NO. 4694 ATTACHMENT A = 1998 BUDGET SUMMARY BY FUND RESOURCES AND EXPENDITURES Fund Resources Expenditures ; General Governmental Funds 000 General $33,951,558 $33,754,273 I 101 Park Fund 7,453,900 7,423,463 103 Street Fund 4,856,251 4,848,846 106 Library Fund 1,192,325 1,192,322 201,207,212,215 Limited GO 1,816,183 1,816,183 Special Revenue Funds 102 Arterial Street Fund 342,925 320,000 104 CDBG 340,413 340,413 105 Impact Mitigation 292,500 0 118 Paths and Trails 3,400 0 125 1%for the Arts 1,250 1,250 127 Cable Communications 30,250 25,100 213,219 Unlimited GO 1,269,747 1,269,747 220 LID Debt Service 738,467 696,495 221 LID Guaranty 545,000 545,000 Capital Funds 316 Municipal Facilities 4,S l 1,b46 4,511,646 317 Transportation 4,285,323 4,294,623 Enterprise Funds 401 Waterworks Utility Fund 21,678,027 21,678,027 421 Waterworks Construction Fund 6,026,500 6,026,500 402 Airport Fund 985,626 985,626 403 Solid Waste Fund 7,189,104 7,131,221 404 Golf Course Fund 2,317,887 2,271,445 Internal Service Funds 501 Equipment Rental Fund 2,571,962 2,365,992 502 Insurance Fund 5,341,194 4,967,722 Fiduciary Funds 601 627,380 340,481 $108,368,818 $106,80b,380 .1 i i ACH 11F.:VT l3 3 ORDINANCE N0. 4694 ATTACHMENT B AMENDMENTS 1998 BUDGET Amendment 1. Transfer $77,691 from the Finance Department to the Public Works Department to cover the costs of a position that will be transferred back to the PW Department from the Proposed Budget. Does not change the fund appropriation levels. Amendment 2. Eliminate the Property Tax allocation to the Fire Pension Fund -- $328,500. Does not change the legal fund appropriation levels. Amendment 3. Allocate the Property taxes in Change 2 to the General Fund to cover the costs of Emergency Medical Services levy shortfall. Does not change the legal fund appropriation levels. Provides resources to cover the costs of the budget service level. Amendment 4. Add $5,000 to the Human Services Department budget. This amount will be used in the following ways: $3,000 will be appropriated for King County Se�al Assault � Resource Center; and $2,000 will be appropriated for Renton Area Youth Services. Expenditures will legally increase by $5,000. The revenues will come from the property taxes reserved for refunds. This will increase the expenditures to $106,806,380. The General Fund will increase within the total to: $33,754,273. 4