HomeMy WebLinkAboutORD 5360Amends Ord 5325
CITY OF RENTON,WASHINGTON
ORDINANCE NO.5360
AN ORDINANCE OF THE CITY OF RENTON,WASHINGTON,
AMENDING THE CITY OF RENTON FISCAL YEAR 2008 ANNUAL
BUDGET AS ADOPTED BY ORDINANCE NO.5325 CREATING A NEW
FUND FOR FARMERS MARKET REVENUES AND EXPENSES,AND
APPROPRIATING REVENUES AND EXPENSES IN THE NET AMOUNT
OF $46,492.19.
WHEREAS,on December 10,2007,the City Council adopted Ordinance 5325
approving the City of Renton's 2008 Annual Budget;and
WHEREAS,the City of Renton Fiscal Year 2008 Annual Budget did not contain a fund
for revenues and expenditures for the Farmers Market;and
WHEREAS,the City of Renton desires to create a fund to track its revenues generated
and expenses incurred by its participation in the Renton Farmers Market;and
WHEREAS,the Renton Chamber of Commerce has submitted a one-time cash
contribution of $46,122.19;
NOW,THEREFORE,THE CITY COUNCIL OF THE CITY OF RENTON,
WASHINGTON,DOES ORDAIN AS FOLLOWS:
SECTION I.The City of Renton Fiscal Year 2008 Annual Budget is hereby
amended to include a new Fund for revenues and expenses for the Farmers Market.Said Fund
shall be the FARMERS MARKET FUND (009).
SECTION II.The City of Renton is hereby authorized to receIve from the
Renton Chamber of Commerce the amount of $46,122.19.
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SECTION III.
as follows:
ORDINANCE NO.5360
Appropriation in the General Governmental Fund is hereby made
FARMERS MARKET FUND (Fund 009)
FY 2008
2008 Original Amended 2008
REVENUES Budget Budget Increase Budget
Funding Source
Farmers Market Revenue 0 30,400 30,400
Received from Renton Chamber
of Commerce 0 46,122.19 46,122.19
Revenues 0 76,522.19 76,522.19
EXPENDITURES
Non-Departmental Farmers
Market Expense 0 30,030 30,030
Expenditures 0 30,030 30,030
ESTIMATED ENDING FUND
BALANCE 46,492.19
SECTION IV..This ordinance shall be effective upon its passage,approval,and 30
days after publication.
PASSED BY THE CITY COUNCIL this 10th day of __M_a_r_c_h ,2008.
Bonnie I.Walton,City Clerk
APPROVED BY THE MAYOR this 10th day of __M_a_rc_h .,2008.
~~
Denis Law,Mayor
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ORDINANCE NO.5360
Approved as to form:
et:....,.,.<tl!~•....~...J .»r.•'---"
Lawrence 1.Warren,City Attorney
Date of Publication:3/15/2008 (summary)
ORD.1445:2/26/08:scr
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