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HomeMy WebLinkAboutORD 3949 � .j , � . . ' CITY OF RENTON, WASHINGTON ORDINANCE NO. 3949 AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, PROVIDING FOft APPROPRIATION OF FUNDS TO CUMULATIVE RESERVE FUND #3665 (UTILITY CONNECTION CHARGES) . WHEREAS, the City of Renton, Washington has heretofore received unanticipated utility connection charge revenues in Cumulative Reserve Fund �3665 in excess of estimated revenues for the calendar year 1985, and said fund having an unappropriated fund balance, and WHEREAS, it is necessary and advisable to appropriate such unanticipated Water and Sewer Utility Connection Charge revenues in the amount of $80,689, and unappropriated fund balance in the amount of $53,311, to provide funding for Water and Sewer Capital Improvement Projects, and such appropriation being necessary and in the public interest and for the public benefit , NOW. THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON DO ORDAIN AS FOLLOWS: Section I: The Director of Finance is hereby authorized and directed to make the following appropriations to Cumulative Reserve Fund �3665: APPROPRIATE FROM: Increase the following revenue estimates by adding unanticipated revenues from utility connection charges: a/c 128/000/388.10.00.10 (Water Connection Charges) . . . . . $ 30,000 a/c 128/000/388.10.00.20 (Sewer Connection Charges) . . . . . 50,689 $ 80,689 APPROPRIATE FROM: Increase beginning estimated fund balance by adding unappropriated funds: a/c 128/000/308.00.00.00 (Beginning Fund Balance) . . . . . . . 53,311 $134,000 APPROPRIATE UNTO: Cumulative Reserve Fund �3665 Expenditure Budget : a/c 128/000/15. 597.38.55. 21 (Operating Transfers-Out) . . . . $134 ,000 -1- ' r � . � ' CITY OF ftENTON, WASHINGTON ORDINANCE N0. 3949 - Continued Section II: This Ordinance shall be effective upon its passage, approval, and five days after its publication. PASSED BY THE CITY COUNCIL this 14th day of October, 1985. /��%7�..� .� � �/ /��h%r�`;�e2G��v "M�rilyn ,Ibi Pe�Crs�n, Deputy City Clerk APPROVED BY THE MAYOR this 14th day of October, 1985. h t,�b r�n w�r . �R�ru�c� Barbara Y. S`hinpoch,` Mayor Approved as to form: Cx�� Lawrence J. W.�frren , City Attorney Date of Publication: October 18 , 1985 -2-