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HomeMy WebLinkAbout324433 03 i 1 ORDINANCE NO. 20? YV AN ORDINANCE of the City Council of the City of Kent, Washington, relating to budgets and finance and adopting the final 1996 fiscal year budget. WHEREAS, the tax estimates and budget for the City of Kent, Washington, for the 1996 fiscal year have been prepared and filed as provided by law, and the budget has been printed and distributed, and notice has been published in the official paper of the City of Kent setting the time and place for hearing, and that notice stated that all taxpayers calling at the Office of the City Clerk would be furnished a copy of the 1996 budget; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON, DOES HEREBY ORDAIN AS FOLLOWS: Section 1. Budget Adoption. Pursuant to RCW 35A.33.075, the budget for the 1996 fiscal year, as summarized on Exhibit A and as set forth in the 1996 preliminary comprehensive budget, as amended by Exhibit B, all of which are incorporated in this ordinance by this reference as if fully set forth herein, is hereby adopted in the amounts and for the purposes established in that budget as the final budget for City's 1996 fiscal year. Section 2. Transmittal. The City Clerk shall transmit a complete copy of the final adopted budget to the Division of Municipal Corporations in the Office of the State Auditor and to the Association of Washington Cities. Section 3. Adjustments. City Administration shall administer the Annual Budget and in doing so may authorize adjustments pursuant to RCW 35A.33.120. Section 4. Severability. If any section, sentence, clause or phrase of this ordinance should be held to be invalid or unconstitutional by a court of competent jurisdiction, such invalidity or unconstitutionality shall not affect the validity or constitutionality of any other section, sentence, clause or phrase of this ordinance. Section 5. Effective Date. This ordinance shall take effect and be in force five (5) days from and after the date of publication of this ordinance. 2 ATTEST: BRENDA JACOBER, CITY CLERK APPROVED AS TO FORM: A. LUBOVICH, CI PASSED / day of 1995. APPROVED C1 day of 1995. PUBLISHED f� day of 1995. `'y'�'�t I hereby certify that this is a true copy of Ordinance No. -3a 41LI , passed by the City Council of the City of Kent, Washington, and approved by the Mayor of the City of Kent as hereon indicated. budget.ord BRENDA JACOBER, CITY CLERK 3 (SEAL) GOVERNMENTAL FUNDS GENERAL FUND SPECIAL REVENUE FUNDS Street Youth/Teen Programs Capital Improvement Criminal Justice Environmental Mitigation Community Block Grant Other Operating Projects DEBT SERVICE FUNDS Voted Councilmanic Special Assessment CAPITAL PROJECTS FUNDS Street Projects Parks Projects Other Projects PROPRIETARY FUNDS ENTERPRISE FUNDS Water Sewerage Golf Complex INTERNAL SERVICE FUNDS Equipment Rental Central Services Fire Equipment Insurance FIDUCIARY FUNDS TRUST AND AGENCY FUNDS Firemen's Pension Economic Development Corp TOTAL GROSS BUDGET LESS: Internal Service Funds Other Transfers TOTAL BUDGET CITY OF KENT, WASHINGTON 1996 COMBINED OPERATING STATEMENT BUDGET ORDINANCE EXHIBIT Inc (Dec) Beginning in Fund Fund Revenues Expenditures Balance Balance Ending Fund Balance 41,416,657 41,598,451 (181,794) 2,629,053 2,447,259 4,212,605 4,441,918 429,080 484,123 4,157,721 4,565,000 1,395,633 1,424,595 421,893 486,910 436,550 436,550 133,858 142,694 1,668,715 1,835,373 2,138,175 2,138,175 2,485,423 3,195,477 3,105,793 3,105,793 1,258,410 1,263,658 953,735 1,128,518 (229,313) 499,461 270,148 (55,043) 128,260 73,217 (407,279) 938,682 531,403 (28,962) 300,316 271,354 (65,017) 259,318 194,301 8,836) 8,836 (166,658) 216,658 (710,054) 2,690,535 (5,248) (174,783) 207,783 50,000 1,980,481 (5,248) 33,000 7,241,037 7,622,488 (381,451) 3,345,284 2,963,833 16,136,502 15,056,411 1,080,091 5,439,832 6,519,923 3,078,122 2,734,392 343,730 301,551 645,281 1,869,849 1,791,119 78,730 1,983,076 2,061,806 4,605,318 4,584,904 20,414 25,540 45,954 458,693 1,447,584 (988,891) 1,171,338 182,447 4,879,167 5,380,464 (501,297) 3,368,034 2,866,737 246,000 199,396 46,604 2,259,711 2,306,315 19,496 36,995 (17,499) 34,939 17,440 102,748,432 105,100,988 (2,352,556) 25,808,207 23,455,651 6,503,712 6,503,712 10,149,700 10,149,700 86,095,020 38,447,576 (2,352,556) 25,808,207 23,455,651 EXHIBIL.L.2 CITY OF KENT, WASHINGTON 1996 COMBINED OPERATING STATEMENT ADJUSTMENTS TO PRELIMINARY BUDGET Inc (Dec) Beginning in Fund Fund Revenues Expenditures Balance Balance Ending Fund Eaiance GOVERNMENTAL FUNDS GENERAL FUND 41,316,534 41,528,562 (212,028) 2,629,053 2,417,025 Law Contract for Indigent Counsel 20,000 (20,000) (20,000) Property Tax latest information 85,818 85,818 85,818 Portion of growth mgt position 44,179 (44,179) (44,179) Miscellaneous budgetary corrections 16,877 (16,877) (16,877) Correct City portion of grant 300 (300) (300) Adjust Teen Programs Transfer 14,305 14,305 14,305 Adjust City Arts Transfer (5,248) 5,248 5,248 Boat grant not awarded ;6,219) 6,219 6,219 ADJUSTED GENERAL FUND 41,416,657 41,598,451 (181,794) 2,629,053 2,447,259 SPECIAL REVENUE FUNDS Street 4,212,605 4,441,918 (229,313) 499,461 270,148 Youth/Teen Programs 429,080 469,818 (40,738) 128,260 87,522 Adjust Teen Programs Transfer 14,305 (14,3C5) (14,305) Adjusted Youth/Teen Fund 429,080 484,123 (55,043) 128,260 73,217 Capital Improvement 4,174,000 4,565,000 (391,000) 901,000 510,000 Valley Comm Repayment complete (16,279) (16,279) (16,279) Increased sales tax estimate for 95 37,682 37,682 Adjusted Capital Improvement Fund 4,157,721 4,565,000 (407,279) 938,682 531,403 Criminal Justice 1,449,574 1,475,836 (26,262) 300,316 274,054 Miscellaneous budgetary corrections 2,700 (2,700) (2,700) Reclassify revenue as transfer in of $300 Boat grant not awarded (53,941) (53,941) Adjusted Criminal Justice 1,395,633 1,424,595 (28,962) 300,316 271,354 Environmental Mitigation 421,893 486,910 (65,017) 259,318 --94,301 Community Block Grant 436,550 436,550 Other Operating Projects 133,858 186,873 (53,015) 53,015 Portion of growth mgt position (44,179) 44,179 (44,179) Adjusted Other Operating Projects 133,858 142,694 (8,836) 8,836 DEBT SERVICE FUNDS Voted 1,835,373 1,835,373 216,658 216,658 Change levy to reduce fund balance (166,658) (166,658) (166,658) Adjusted Voted Debt Service 1,668,715 1,835,373 (166,658) 216,658 50,000 EXHIBIT_ VAI►r-y CITY OF KENT, WASHINGTON 1996 COMBINED OPERATING STATEMENT ADJUSTMENTS TO PRELIMINARY BUDGET Councilmanic Special Assessment CAPITAL PROJECTS FUNDS Street Projects Parks Projects Adjust City Arts Transfer Add Paths & Trails allocation Adjusted Parks Projects Other Projects PROPRIETARY FUNDS ENTERPRISE FUNDS Water Sewerage Golf Complex INTERNAL SERVICE FUNDS Equipment Rental Saturday Mkt loan correction Adjusted Equipment Rental Central Services Adjust beginning fund balances Adjusted Central Services Fire Equipment Insurance FIDUCIARY FUNDS TRUST AND AGENCY FUNDS Firemen's Pension Economic Development Corp TOTAL GROSS BUDGET LESS: Internal Service Funds Other Transfers TOTAL BUDGET Inc (Dec) Beginning Ending in Fund Fund Fund Revenues Expenditures Balance Balance Balance 2,138,175 2,138,175 2,485,423 3,195,477 (710,054) 2,690,535 1,980,48-- 3,105,793 ,980,481 3,105,793 3,105,793 1,258,435 1,258,435 (5,248) (5,248) (5,248) 5,223 5,223 1,258,410 1,263,658 (5,248) (5,248) 953,735 1,128,518 (174,783) 207,783 33,000 7,241,037 7,622,488 381,45_) 3,345,284 2,963,833 16,136,502 15,056,411 1,080,091 5,439,832 6,519,923 3,078,122 2,734,392 343,730 301,551 645,281 2,001,301 1,791,119 210,182 1,983,076 2,193,258 (131,452) ('-31,452) (131,452) 1,869,849 1,791,119 78,730 1,983,076 2,061,806 4,605,318 4,584,904 20,414 (13,547) 6,367 39,087 39,087 4,605,318 4,584,904 20,44 2,259,711 25,540 45,954 458,693 1,447,584 (988,991) 17,440 1,171,338 182,447 4,879,167 5,380,464 (501,297) 3,368,034 2,866,737 246,000 199,396 46,004 2,259,711 2,306,315 19,496 36,995 17,499) 34,939 17,440 102,748,432 105,100,988 (2,352,556) 25,808,207 23,455,651 6,503,712 6,503,712 10,149,700 10,149,700 86,095,020 98,447,576 (2,352,556) 25,808,207 23,455,651 1996 BUDGET DEVELOPMENT The 1996 projected budget was developed based on the following assumptions: Salaries and Benefits For all non -settled Union and Non -Union groups*, the Cost of Living wage increases were based on 90% of the CPI rate of 3.2% which is 2.90. Settled Union groups were given wage increases according to their contracts. The estimated increases in Retirement Benefits were approximately 5%. No changes were anticipated in Social Security Health, Disability or L & I rates. Central Services All areas projected an increase of 5% in 1996 with the exception of Lazer Direct Billing, with an expected increase of 10%. Insurance Property and Equipment insurance were projected to increase by 6%. Liability and other insurance were estimated to increase by 5 and 13% respectively. Utilities No changes were expected in Washington Natural Gas or water. A 3.5% increase was projected for garbage, a 5% increase with Puget Power and a 5.20-. increase in sewer. Drainage rates will increase but were already incorporated in the prior year carryover. Information Services The Computer and Telephone services are expected to increase by 5% in 1996. Equipment Rental Gas rates were projected at a 5.4% increase. Propane and Diesel rates are expected to rise by 5.5%. Equipment rental rates are budgeted to rise by 5 % . These general assumptions were used to develop the baseline budget. Each Department then prepared and presented their 1996 budget requests to the Mayor's Office and decisions were made in accordance with the needs of the community and the financial restraints facing the city. With the addition of the Meridian Annexation, the 1996 budget process development was prepared separately from the regular budget in order to isolate the additional costs specific to the growth. Finally, some program changes were incorporated into the Preliminary 1996 Budget. * Clarification to 1996 Preliminary Budget Document