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HomeMy WebLinkAboutORD 5405Amends ORD 5325 CITY OF RENTON,WASHINGTON ORDINANCE NO.5405 AN ORDINANCE OF THE CITY OF RENTON,WASHINGTON, AMENDING THE FISCAL YEAR 2008 ANNUAL BUDGET,BY TRANSFERRING FUNDING OF $18,780 FOR THE NEIGHBORHOOD GRANT PROGRAM FROM THE GENERAL FUND,COMMUNITY AND ECONOMIC DEVELOPMENT DEPARTMENT 000/023 TO THE MUNICIPAL FACILITIES CIP FUND 316. WHEREAS,it is the intent of the City Council to fund the Neighborhood Program at $1.00 per Capita:and WHEREAS,recent annexations have significantly raised the population within the City: and WHEREAS,it is necessary to increase the Neighborhood Program budget to meet the funding intent; NOW,THEREFORE,THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON,DOES ORDAIN AS FOLLOWS: SECTION I. follows: Appropriations in Fund 000 and Fund 316 are hereby changed as 2008 Budget Budget Change 2008 Adjusted Fund Budget 000.000000.023.5580.0020.10.000000 $1,136,414 -$18,780 $1,117,634 000.000000.023.5970.0057.00.000000 $0 $18,780 $18,780 316.000000.000.3970.0057.00.000000 $0 $18,780 $18,780 316.000000.023.5590.0090.41.000000 $60,000 $18,780 $78,780 Source of funds:Transfer from General Fund 000 to CIP Fund 316 SECTION II. ORDINANCE NO.5405 Funds for this line item are hereby added to the Fund 316 budget with a transfer from Fund 000 CED Department. SECTION III. five days after publication. This Ordinance shall be effective upon its passage,approval,and PASSED BY THE CITY COUNCIL this 18th day of August ,2008. Bonnie Walton,City Clerk Deni~Law,Mayor Approved as to form: ~.,_....~'i.•....~«A.-\p _'~4 $~ Lawrence J.Warren,City Attorney Date of Publication:8/23/2008 (summary) ORD.1494:8/5/08:scr 2