HomeMy WebLinkAboutORD 4988CITY OF RENTON, WASHINGTON
ORDINANCE NO. 4988
AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON
PROVIDING FOR THE 2002 YEAR END BUDGET ADJUSTMENTS.
SECTION I. The following funds are hereby amended as follows:
Fund
No.
201
212
213
215
219
221
304
306
316
402
451
Fund Description
1997 Limited General Obligation Bond Fund
1989 Limited General Obligation Bond Fund
1983 Unlimited General Obligation Refunding Bond
Fund
General Governmental Debt Service
1989 Unlimited General Obligation Refunding Bond
Fund
L.I.D Guarantee Fund
Fire Impact Mitigation Fund
Leased City Properties
Municipal Facilities CIP Fund
Airport Fund
Waterworks Revenue Bond Fund
2002
Adjusted
Budget
$650,000
300,200
144,800
1,799,300
504,200
0
500,000
722,072
9,615,949
1,688,000
2,736,400
TOTAL ADJUSTMENTS
TOTAL UNANTICIPATED REVENUE, TRANSFER OF
FUNDS AND FUND BALANCE
Budget
Adjustment
SECTION II.
$5,000
54,358
371,916
59,000
1,000
152,133
3,895,000
568,000
300,000
492,000
2,365,000
$8,263,407
$8,263,407
2002
Amended
Budget
$655,000
354,558
516,716
1,858,300
505,200
152,133
4,395,000
1,290,072
9,915,949
2,180,000
5,101,400
The monies for the budget adjustments shown in Section I are
derived from the following sources.
Fund
No.
201
212
213
Detail
Under budgeted Debt Service Costs for 1997 LTGO Bonds.
Closing Fund because debt has been completely paid -
remaining Resources to Fund 502.
transfer
Closing Fund because debt has been completely paid -
remaining Resources to Fund 502.
transfer
Budget
Adjustment
$5,000
54,358
371,916
Source
Fund Balance
Fund Balance and
Investment Interest
Fund Balance and
Investment Interest
215 Debt Service on 2002 LTGO Bonds for Fire Station 12
Approved by Council 6/24/02.
59,000 Fund Balance
219
221
304
306
316
402
451
ORDINANCE NO. 4 9 88
Under budgeted Debt registration Costs for 1993 UTGO
Refunding Bonds.
Closing Fund because all LID debt has been paid - transfer
remaining Resources to Fund 502.
Debt Issuance Costs on 2002 LTGO Bonds for Fire Station 12
and appropriation for construction costs. Approved by Council
on 6/24/02.
Tenant improvements at 200 Mill Ave. for Eocene - approved by
Council on 3/18/02, Vykor - approved by Council on 3/4/02 and
KCSARC - approved by Council on 11/19/01.
Interfund Loan to Fund 306 for approved tenant improvements.
Airport CIP appropriations approved by Council: Seaplane Dock
- approved 5/20/02, US Customs Facility- approved - 3/25/02,
Airside/Landside - approved 9/23/02, and Runway/Taxiway -
approved 11/18/02.
Redemption of 1992 Water and Sewer Bonds and Debt Issuance
Costs - approved on 6/24/02.
TOTAL
1,000
152,133
3,895,000
568,000
300,000
492,000
2,365,000
$8,263,407
Fund Balance
Fund Balance and
Investment Interest
Bond Proceeds
Fund Balance, Loan
from 316, and
Lease Revenue
Fund Balance
Fund Balance
Fund Balance and
Bond Proceeds
SECTION III. This ordinance shall be effective upon its passage, approval, and
five days after publication.
PASSED BY THE CITY COUNCIL this 2nd day of December _, 2002.
Bonnie I. Walton, City Clerk
APPROVED BY THE MAYOR this 2nd day of December _, 2002.
Arjprefped as to form
3?^ Lawrence J. Warren, City Attorney
Jesse Tanner, Mayor
Date of Publication: _JL2_/£/_2!JIL2__( summary)
ORD.1016:ll/21/02:ma