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HomeMy WebLinkAboutORD 18533 L\ - , . ORDINANCE N0. 19,S -j AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, ADOPTING A CITY BUDGET FOR THE YEAR 1961. BE IT ORDAINED BY THE MAYOR AND THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, AS FOLLOWS: SECTION I: That the budget for the City of Renton for the year 1961 hereto- fore prepared and filed with the City Clerk, as modified and approved by vote of the City Council of the City of Renton on October 6, 1960, after due notice and hearing thereof as provided by law, be and the same is hereby in all respects ratified and adopted as such budget, same being by reference incorporated herein as if fully set forth. SECTION II: The following total sums for expenditures are hereby allowed and established in each of the following classifications in said 1961 budget, to -•wits (A) Salaries and Wages . . . . . . . . . . . . . . . . . . $ 1,097,667 Maintenance and Operations 710,418 Capital outlay . . . . . 0 473,620 Cumulative Reserve Fund #1182 . . . . . . . . . . . . . 3,300 Cumulative Reserve Fund #1183 . . . . . . . . . . . . . 8,000 Cumulative Reserve Fund #1184 . . . . . . . . . . . . . 20,000 Cumulative Reserve Fund #1689. 10,428 Cumulative Reserve Fund for Fire Dept. #1698 8,528 Depreciation Reserve Fund (Current). . . . . 9,000 Depreciation Reserve Fund (Airport). . . . . . 1,675 Interest and Bond Redemption . . . . . . . . 2639442 Total Ordinary Expenditures (A) $ 2,606,078 Receipts from sources other than Taxation 1,.422,458 Add Surpluses carried over from previous years 191,121 Total to be raised by Taxation . . . . . . . . 992,499 Total Receipts (A) $ 2,606,078 (B) Extraordinary Expenditures to be made from bond issues not yet authorized: (1) Library Bond Issue . . . . . . . $ 450,000 W Arterial Street Improvement Bond. . . . . . . . . 1,3002000 (`3.) Burnett Street Improvement Bond . . . . . . . . . 1209000 (4) Traffic Signal System Bond. . . . . . . , . . . 100,000 Total Extraordinary Expenditures (B) $ 1,970,000 Extraordinary Receipts from said bond issues yet to be authorized . . . ... . . . . . . . . . . $1, 970,000 Total Extraordinary Receipts (B) $1,970,000 TOTAL, BUDGET for Ordinary Expenditures and Receipts (A) and for Extraordinary Expenditures and Receipts (B) $4,576,078 - 1 - SECTION III: A copy of the budget as herein adopted shall be transmitted to the Office of the State Auditor of Washington, Division of Municipal Corporations, and such other governmental agencies as provided by law. SECTION IV: This Ordinance shall be in full force and effect from and after its passage, approval and legal publication. PASSED BY THE CITY COUNCIL this 6th day of October, 1960. APPROVED BY THE MAYOR this 6th day of October, 19V%J. FRKNK ALIMENT, Mayor APPROVED AS TO FORM: GERARD M. SHELIAN, City Attorney Published October 13, 1960 — 2 -