HomeMy WebLinkAboutORD 5371Amends ORD 5325
CITY OF RENTON,WASHINGTON
ORDINANCE NO.5371
AN ORDINANCE OF THE CITY OF RENTON,WASHINGTON,
AMENDING THE FISCAL YEAR 2008 ANNUAL BUDGET AS ADOPTED
BY ORDINANCE NO.5325 TO TRANSFER FROM FUND 303 TO FUND
316 FOR CEDAR RIVER TRAIL EXTENSION PROJECT EXPENSES,
AND APPROPRIATING REVENUES IN FUND 316 AND AUTHORIZING
EXPENSES IN THAT FUND IN THE NET AMOUNT OF $111,875.
WHEREAS,on March 10,2008,the City Council adopted Ordinance 5362 approving
the 2008 Annual Budget;and
WHEREAS,it is necessary to amend the 2008 Annual Budget to accommodate revenue
and expenditures for the Cedar River Trail Extension Project (Logan Avenue North Bicycle
Lane);
NOW,THEREFORE,THE CITY COUNCIL OF THE CITY OF RENTON,
WASHINGTON,DOES ORDAIN AS FOLLOWS:
SECTION I.The Fiscal Year 2008 Annual Budget is hereby amended to include
the following adjustment in Community Development Impact Mitigation Fund (303)to transfer
to Fund 316 as listed below:
255,000
250,000
5,000
Amended 2008 Budget
o
o
250,000
5,000
255,000
2008 After
Carry Forward Budget
Community Development Impact Mitigation Fund (303)
FY2008
Budget IncreaseREVENUES
Funding Source
Mitigation Fees
Investment Interest
Revenues
EXPENDITURES
Park Projects
Expenditures
Unbudgeted Ending
Fund Balance
o
o
o
255,000
111,875
111,875
-111,875
111,875
111,875
143,125
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SECTION II.
ORDINANCE NO.5371
The Fiscal Year 2008 Annual Budget is hereby amended to include
the following increased revenues transferred from Fund 303 and expenditures in Municipal CIP
Fund (316)as listed below:
16,869,090
MUNICIPAL CIP FUND (316)
FY2008
2008 After Budget Increase
Carry Forward Budget
REVENUES
Funding Source
New Revenues
(Transfer from Fund 303
to Fund 316)
Revenues
EXPENDITURES
Park Projects
Municipal Facility
Projects
Other
Expenditures
16,869,090
13,708,000
1,967,983
871,319
321,788
16,869,090
111,875
111,875
111,875
111,875
Amended 2008 Budget
111,875
16,980,965
13,708,000
2,079,858
871,319
321,788
16,980,965
SECTION III.
30 days after publication.
This ordinance shall be effective upon its passage,approval,and
PASSED BY THE CITY COUNCIL this 21 s t day of A--"p_r_i_l .,2008.
Bonnie 1.Walton,City Clerk
APPROVED BY THE MAYOR this 21 s t day of __-=.A::.J:p:..=r-=i:.=l'--,2008.
~£o<----/_
Denis Law,M/yor
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ORDINANCE NO.5371
Approved as to form:
cL~£JJi.~Lawrence J.Warren,ity Attorney
Date of Publication:4/26/2008 (summary)
ORD.1456:3/27/08 :scr
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