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Home My WebLink AboutORD 4256 , � � � , � CITY OF RENTOh, WASHINGTQN ORDINANCE NO. 4256 AN ORDINANCE OF THE CITY OF RENTON, Vti�ASHiNa�fUN PROVIDING FOR 1989 YEAR-END AMENDMENTS. WHEREAS, it is necessary and advisable to amend the 1989 Budget and provide for specified interfund loans: REVENUE ADJUSTMENTS: AMOUNT 2.)State Narcotics Control Program Grant $143,454 3.)LID 314 Refunding Proceeds/Premium 2,884,605 4.)Interfund Loans 350,800 5.)Unappropriated Resources 683,899 T.OTAL REV�NUE ADJU5TMENTS ! $4,062,758 EXPENDITURE ADJUSTMENTS: AMOUNT 1.)Kenworth Environmental Impact Statement(EIS) $33,786 2.)State Narcotics Control Program Grant 143,454 3.)Senior Extended Travel Program 101,408 4.)LID Refunding Proceeds and Collection Adjustments 3,140,005 5.)Solid Waste State Tax and Additional Recycling/Yard Waste Quantity 217,800 6.)Golf Course Bridge, Equipment,and Pro Service 253,000 7.)insurance Fund Adjustments 173,305 TOTAL EXPENDITURE ADJUSTMENTS :: _ _ 1 . : $4,462,758 SECTION I:The following adjustments are hereby allowed and established in each of the below listed funds: ; ...:;::;:::::. ..:.:::.;: .._.:. ....:.: .. .....:... BUDGEf 1 ;...>. ,. ..::..:. .. ':%:1989.AAJUSTED _ ;,.......:..:::::.<::.:. ... ;;. ;. .: .:....,;;.:.::.::.:.:::.;;:. ,:...::::...;:: :..::>::;:;:. .: ... ....;.::,:.. ..:.<;;;;::. , . EXPENDIl'URES:?::::::>.<: `'.;::;;c. `: '',;gUUGEI`;::.`°; :ADJUSTMENT. : : �UDGET 000-General Fund $19,532,407 $177,240 $19,709,647 101 - Park Fund 4,535,184 101,408 4,636,592 103- Street Fund 3,239,100 0 3,239,100 106- Library Fund 761,751 0 761,751 107- Contingency Fund 546,543 0 546,543 102-Arterial Street Fund 854,428 0 854,428 105 - Impact Mitigation Fund 327,092 0 327,092 118- Reserve for Paths and Trails 3,435 0 3,435 125- 1% for Art Fund 64,637 0 64,637 127- Cable Communication Fund 399,938 0 399,938 207- 1978 Limited G.O. Bonds 133,807 0 133,807 211 - 1983 Limited G.O. Refunding 305,708 � 305,708 213- 1983 Unlimited G.O. Refunding 1,386,528 0 1,386,528 215-General Govt Miscei�aneous Debt 748,639 0 748,639 220- L.I.D. Debt Service Fund 2,524,600 3,140,005 5,664,605 221 - L.I.D.Guaranty Fund 545,000 0 545,000 301 - Street Forward Thrust Fund 144,177 0 144,177 316- Municipal Facilities Fund 330,518 0 330,518 317-General Government CIP Fund 7,309,757 0 7,309,757 319- Senior Housing Construction Fund 5,500,000 0 5,500,000 320- L.I.D. Construction Fund 1,157,700 Q 1,157,700 401 -Water/Sewer/Storm Utility Fund 10,723,018 0 10,723,018 402- Airport Fund 1,519,900 0 1,519,900 403- Solid Waste Utility Fund 4,088,449 217,800 4,306,249 404-Golf Course Fund 1,108,563 253,000 1,361,563 421 -Water/Sewer/Storm Constr. Fund 7,163,760 � 7,163,760 501 - Equipment Rental Fund 1,887,043 C 1,887,043 502- Insurance Fund 4,752,299 173,3G:i 4,925,604 601 - Firemen's Pension Fund 2,166,318 0 2,166,318 TOTALEXPENDITURES, :: :::<. '. :: ;`$$3,760,298`�:::. ':$4,062,758 $87,823,057 TOTAL RESOURCES:-' .. " ' $83,76G,299 � $4,062,758 $87,823,057 1 . . ~ , CITY OF RENTON, WASHING i ON ORDINANCE NG. 4256 - Continued SECTION Ii: Interfund loans shall be made from the Insurance Fund to: 1.)the Solid Waste Uti�ity Fund, in the amount of$97,800,to be repaid in full in 1990, at an interest rate of 8.50%; 2.)to the Golf Course Fund in the amount of$225,000,to finance construction of a bridge,to be repaid within a period of three years, at an interest rate of 8.50%; and 3.)to the Golf Course Fund in the amount of$28,000,to finance equipment, to be repaid within seven years,at an interest rate of 8.50%. SECTION III: A list of all individual budget adjustments is available for public review in the Office of the City Clerk, Renton Municipal Building. SECTION IV:This Ordinance shall be effective upon its passage, approval, and five days after publication. PASSED BY THE CITY COUNCIL this 18th day of December, 1989. � , Maxine E. Motor, City Clerk APPROVED BY THE MAYOR this 18th d of December, 1989. (' �F. \`+.1.�1 � ' � 1.r`��'i 1 �' °\ �+ v- Earf Clyme�;MayorV � Approved as form: � Lawrence J.Warren, Cit�torney Date of Publication: December 27, 1989 2 w v ' � WORKSHEET TO 1989 YEAR-END BUUv�.T AMENDMENT ORDINANCE NO. 4256 Fund/Account Description I Expenses Rev�nue� GENERAL fUND REVENUES: 000/000/345.84.00.06 Kenuorth Renton Truck Plant EIS/Planning 0 33,786 000/000/333.16.80.00 State Narcotics Control Program Grant/Police 0 143,454 GENERAL FUND EXPENDITURES: Community Dev/Planning: 000/000/07.558.10.41.140 Kenworth Renton Fruck Plant EIS 33,786 0 Police/Narcotics Task Force: 000/000/08.521.92.10.00 Salaries & Benefits 110,939 0 000/000/08.521.92.31.00 General Supplies 1,416 0 000/000/08.521.92.41.55 Confidential Funds 13,333 0 000/000/08.521.92.43.57 Training 2,000 0 000/000/08.521.92.45.17 Office Rent/Phone 3,000 0 000/000/08.521.92.45.18 Equipnent 10,766 0 000/000/08.521.92.49.58 Operating Expenses 2,000 0 70TAL GENERAL FUND 177,240 177,240 PARK FUND REVENUES: 101/000/347.60.00.06 Senior Extended Travel Program Revenues 0 10t,408 PARK FUND EXPENDiTURES: Parks/Senior Center: 101/000/20.555.08.49.87 Senior Extended 7ravel Program Expenses 101,408 0 TOTAI. PARK fUND 101,408 101,408 LID DEBT SERV[CE REVENUES: 220/000/360.00.00.01 LID Assessments & Interest 0 255,400 220/314/393.00.00.00 LID 314/Advance Refunding Proceeds 0 2,785,000 220/314/393.10.00.00 LID 374/Advance Refunding Premium 0 99,605 LID DEBT SERVICE EXPENDITURES: 220/000/33.591.00.00.QO LID Principal/Interest 916,226 0 220/314/33.593.10.73.00 LIO 314/Payment to Refunding Trustee 2,643,200 0 220/000/00/508.00.00.00 Reduce Ending Fund ealance (419,421) 0 ;;;:;;TOTAL;LID:DEB,.T.:::SERVICE:::FUNk;:;:j;: ::. ' 3,940;005 3,140,Q05 • SOLID WASTE REVENUE: 403/000/343.70.00.00 Solid uaste Fees 0 120,000 403/000/381.10.00.00 Interfund Loan Proceeds/Insurance Fund 0 97,800 SOLID LIASTE EXPENOITURES: 403/000/15.537.60.41.52 Payment to Garbage Contractor 204,600 0 403/000/15.537.60.53.19 State Tax 20,500 0 403/000/00.508.00.00.00 Reduce Ending Fund Batance (7,300) 0 ''�OTAL;.SOLID,,WASTE.UTILITY FUND .;`- 217;800 217,800 GOLF COURSE REVENUE: 404/000/381.10.00.00 Interfund Loan Proceeds/Insurance Fund 0 253,000 ($225,000/Bridge; $28,000/Equipment) GOLF COURSE EXPENDITURES 404/000/20.576.61.41.33 Golf Pro Service 15,000 0 404/000/20.596.76.63.14 Golf Course Bridge 225,000 0 404/000/20.596.76.64.10 Golf Course Machinery & Equipment 28,000 0 404/000/00.508.00.00.00 Reduce Ending Fund Balance (15,000) 0 TOTAL GOLF COURSE FUND ` 253,000 253,000 INSURANCE FUND REVENUE: 502/000/308.00.00.00 Adjust Beginning Balance to Actual 0 104,062 502/000/361.11.00.00 Additional Investment Interest 0 20,000 502/000/366.53.00.00 Additional Medical Insurance Premiums 0 46,800 502/000/369.40.00.00 Judgements & Settlements 0 2,443 INSURANCE FUND EXPENDITURES: 502/000/05.517.30.20.08 Medical Benefits 285,000 0 502/000/05.581.10.78.01 Interfund Loan/Solid Naste Utility 97,800 0 502/000/05.581.10.78.02 Interfund Loan/Golf Course eridge/Equiprnent 253,000 0 SQ2/000/00.508.00.00.00 Reduce Ending Balance (462,495) 0 TOTAL'1NSURANCE FUND 173,305 173,305 GRAND TOTAL' - 1989 YEAR-END BUDGET AMENDMENT 4,062,758 4,052,758 3