HomeMy WebLinkAbout3087ORDINANCE NO. 3 D
AN ORDINANCE of the City of Kent,
Washington, amending the 1992 Budget for
adjustments made during 1992 and author-
izing an additional line of credit from
the General Fund and the Capital
Improvement Fund to the Parks Capital
Project Fund and Housing and Community
Development to cover expenditures.
THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON DOES
HEREBY ORDAIN AS FOLLOWS:
Section 1. Changes in budget are as follows:
FUND
TOTAL
General Fund
$ (21,643)
Street Fund
50,000
Capital Improvement
10,550,083
Criminal Justice
268,461
Environmental
134,881
Housing & Community Development
23,899
Other Operating Projects
181,342
Councilmanic Debt Service
59,419
Special Assessment Debt Service
41,010
Street Capital Project
2,891,864
Park Capital Project
541,976
Other Capital Project
(289,169)
Water
718,182
Sewerage
(36,661)
Golf Complex
176,265
Equipment Rental
15,900
Central Services
1,095,453
Insurance 217,492
Utility Clearing Fund (40,057)
Economic Development Corporation 104,665
Total Gross Budget Adjustments $16,683,362
Less:
Internal Service Funds 1,375,914
Other Transfers (1,492,821)
Internal Transfers 1,994,372
Total Net Budget Adjustments $141805,897
Section 2. Authorization of a line of credit from the
Capital Improvement Fund to the Parks Capital Project Fund in an
amount not to exceed $200,000. Authorization of a line of credit
from the General Fund to the Housing and Community Development
Fund in an amount not to exceed $75,000. The funds will only be
used as needed.
Section 3. Effective Date. This ordinance shall take
effect and be in force five (5) days from and after its passage,
approval and publication as provid,d by law.
DAA KELLEHER, MAYOR
ATTEST:
Q
BRENDA JACOBER CIT CLERK
APPROVED AS TO FORM:
ATTORNEY
K
PASSED the day of 1993
APPROVED the -3 day of ; 1993
PUBLISHED the J5 day of , 1993
I hereby certify that this is a true copy of Ordinance
No. _ 083—, passed by the City Council of the City of Kent,
Washington, and approved by the Mayor of the City of Kent as
hereon indicated.
MUDAMORD
( S EAL )
BRENDA JACO )R, CITY CLERK
01