HomeMy WebLinkAbout3147ORDINANCE NO. —?I /
AN ORDINANCE of the City of Kent,
Washington, amending the 1993 Budget for
adjustments made during 1993 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. The 1993 City budget is
hereby amended to
include budget fund adjustments as follows:
FUND
TOTAL
General Fund
$ 137,341
Street Fund
692,186
Capital Improvement
17,381,315
Criminal Justice
797,746
Environmental
131,676
Housing & Community Development
7,740
Other Operating Projects
(320,533)
Voted Debt Service
(91,867)
Councilmanic Debt Service
230,959
Special Assessment Debt Service
325,215
Street Capital Project
4,305,849
Park Capital Project
265,143
Other Capital Project
1,171,992
Water
Sewerage
Golf Complex
691,156
3,966,200
273,174
Equipment Rental 172,927
Central Services 105,264
Insurance 137,867
Economic Development Corporation 50,000
Total Gross Budget Adjustments $30,431,350
Less:
Internal Service Funds (95,726)
Other Transfers 1,570,025
Internal Transfers 480,203
Total Net Budget Adjustments $28,476,848
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 $85,000. 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 provided by law.
MAYOR
ATTEST:
BRENDA JACOBM CXTY CLERK
APPROVED AS TO FORM:
A. 3LUBOVICH, CITY A
2
i PASSED the �.30 day of , 1993
I APPROVED the Otday of 0&ce-�1993
I PUBLISHED the day of 199xz/
1 I hereby certify that this is a true copy of Ordinance
No. -3/ q % , passed by the City Council of the City of Kent,
Washington, and approved by the Mayor of the City of Kent as
hereon indicated.
i
93BUDADI.ORD
(SEAL)
BRENDA JABE , CITY CLERK
3