HomeMy WebLinkAbout3265ORDINANCE NO. 2
AN ORDINANCE of the City Council of the
City of Kent, Washington, relating to budgets
and finance and amending the 1996 Fiscal Year
Budget as adopted pursuant to Ordinance
No. 3244.
WHEREAS, the City Council for the City of Kent adopted
the final 1996 Fiscal Year Budget pursuant to Ordinance No. 3244
on November 7, 1995; and
WHEREAS, the 1996 Budget as adopted contained estimated
figures for the City's property tax levy for 1996; and
WHEREAS, subsequent to the City Council's adoption of
'the 1996 Fiscal Year Budget, King County submitted its
certification of its assessed valuation to the City of Kent; and
WHEREAS, the County's certification of assessed
valuation is much lower than anticipated resulting in the City
Council's desire to make amendments to the 1996 Fiscal Year
Budget; NOW, THEREFORE,
THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON, DOES
HEREBY ORDAIN AS FOLLOWS:
1996 Fiscal Year Budget
Section 1. Budget Amended. The final 1996 Fiscal Year
Budget, as adopted by the City Council pursuant to Ordinance No.
'3244, is hereby amended by adjusting the General Fund revenues
and expenditures and by making related adjustments as set forth
in Exhibit "A" attached hereto and incorporated by reference.
Section 2. 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 3. Effective Date. This ordinance shall
take effect and be in force five (5) days from and after its
publication as provided by law.
ATTEST:
BRENDA JACOBER, CITY CLERK
i
2 1996 Fiscal Year Budget
APPROVED AS TO FORM:
-;R-OG A. LUBOVICH, C ATTORNEY
�"c 1995.
APPROVED C day of , `� __i. c___ 1995.
PUBLISHED a day of ^x C e' 1995.
I hereby certify that this is a true copy of Ordinance
No. 73--)6 5, passed by the City Council of the City of Kent,
Washington, and approved by the Mayor of the City of Kent as
hereon indicated.
Budget2.ord
(SEAL)
BRENDA JACOBER, ITY CLERK
3 1935 Budget
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 Ending
in Fund Fund Fund
Revenues Expenditures Balance Balance Balance
41,511,899 41,618,451 (106,552) 2,629,053 2,522,501
4,212,605
4,441,918
(229,313)
499,461
270,148
429,080
484,123
(55,043)
128,260
73,217
4,157,721
4,565,000
(407,279)
938,682
531,403
1,395,633
1,424,595
(28,962)
300,316
271,354
421,893
486,910
(65,017)
259,318
194,301
436,550
436,550
(988,891)
1,171,338
182,447
133,858
142,694
(8,836)
8,836
2,866,737
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
(166,658) 216,658
50,000
(710,054) 2,690,535
1,980,481
(5,248)
(5,248)
(174,783) 207,783
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
102,843,674
105,120,988
(2,277,314)
25,808,207
23,530,893
6,503,712 6,503,712
10,149,700 10,149,700
86,190,262 88,467,576 (2,277,314) 25,808,207 23,530,893
EXHIBIT$.
GOVERNMENTAL FUNDS
GENERAL FUND
Property Tax
Marine Patrol Boat
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 RENT, WASHINGTON
1996 BUDGET AMENDMENT
7,241,037
7,622,488
Inc (Dec)
Beginning
Ending
16,136,502
15,056,411
in Fund
Fund
Fund
Revenues
Expenditures
Balance
Balance
Balance
1,869,849
1,791,119
78,730
1,983,076
2,061,806
41,416,657
41,598,451
(181,794)
2,629,053
2,447,259
95,2.42
1,447,584
95,247.
1,171,338
95,242
4,879,167
20,000
(20,000)
3,368,034
(20,000)
41,511,899
41,618,451
(106,552)
2,629,053
2,522,501
4,212,605
4,441,918
(229,313)
499,461
270,148
429,080
484,123
(55,043)
128,260
73,217
4,157,721
4,565,000
(407,279)
938,682
531,403
1,395,633
1,424,595
(28,962)
300,316
271,354
421,893
486,910
(65,017)
259,318
194,301
436,550
436,550
133,858
142,694
(8,836)
8,836
1,668,'115
1,835,373
(166,658)
216,658
50,000
2,138,175
2,138,175
2,485,42.3
3,195,477
(710,054)
2,690,535
1,980,481
3,105,793
3,105,793
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
(381,451)
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
102,843,674
105,120,988
(2,277,314)
25,808,207
23,530,893
6,503,712 6,503,712
10,149,700 10,149,700
86,190,262 88,467,576 (2,277,314) 25,808,207 23,530,893
EXHiHIT.L
PROPERTY TAX AMENDMENT
USES FOR FULL AMOUNT LEVIED
Adopted Budget 11,522,799
Adjustments for :
Annexation levy, based on higher levy rate due to
lower than expected assessed valuation. 39,039
Omitted assessments levy 5,857
Refund fund levy 50,346
-----------------
Adjusted Levy Request 11,618,041
Adjusted Levy Request 11,618,041
Less adopted budget 11,522,799
-----------------
Additional revenues available 95,242
Proposed Uses :
Boat For Marine Patrol 20,000
Increase to Fund Balance 75,242
-----------------
Total Proposed Uses 95,242
prpopts 07 -Dec -95