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HomeMy WebLinkAbout3011ORDINANCE NO. 3 old AN ORDINANCE of the City of Kent, avtz.od-t k �,s, � � Washington relating to budgets and Z&z - ' 50 �"C, G j 3 �� finance; adopting the 1992 Budget. 3 WHEREAS, the tax estimates and budget for the City of Kent, Washington for the year 1992 have been prepared and filed as provided by the laws of the State of Washington, the said budget having been printed for distribution and notice published in the official paper of the City of Kent setting the time and place for hearing on same and said notice stating that all taxpayers calling at the Office of the City Clerk would be furnished a copy of said budget; NOW THEREFORE THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON DOES HEREBY ORDAIN AS FOLLOWS: Section 1. Budget. That the budget for the year 1992 as it now stands is hereby adopted in the amounts and for the following purposes to wit: Change Beginning Ending in Fund Fund Fund Revenues Expenditures Balance Balance Balance GOVERNMENTAL FUNDS GENERAL FUND 31,779,971 33,137,803 (1,357,832) 1,857,832 500,000 SPECIAL REVENUE FUNDS Street 1,315,848 1,470,106 (154,258) 207,503 53,245 Capital Improvement 3,542,827 3,804,441 (261,614) 711,614 450,000 Criminal Justice 783,119 634,976 148,143 234,312 382,455 Environmental Mitigation 194,600 238,095 (43,495) 290,051 246,556 Housing & Community Dev. 225,180 225,180 Other Operating Projects 50,000 50,000 DEBT SERVICE FUNDS Voted 1,813,719 1,898,795 (85,076) 185,076 100,000 Councilmanic 2,221,037 2,221,037 Special Assessment 3,446,014 3,395,514 50,500 2,702,633 2,753,133 CAPITAL PROJECTS FUNDS Street Capital 1,259,000 1,259,000 Parks Projects 43,739 43,739 Other Projects 457,000 576,000 (119,000) 119,000 PROPRIETARY FUNDS ENTERPRISE FUNDS Water 8,861,427 6,877,027 1,984,400 8,514,674 10,499,074 Sewerage 10,887,553 12,859,863 (1,972,310) 2,755,104 782,794 Golf Course 3,269,150 2,487,743 781,407 98,917 880,324 INTERNAL SERVICE FUNDS Equipment Rental 1,556,045 1,283,120 272,925 1,950,583 2,223,508 Central Services 1,973,894 1,907,432 66,462 180,841 247,303 Insurance 4,025,941 4,190,697 (164,756) 1,677,581 1,512,825 FIDUCIARY FUNDS TRUST AND AGENCY FUNDS Firemen's Pension 221,200 149,500 71,700 1,963,076 2,034,776 Economic Development Corp. 29,912 25,345 4,567 47,682 52,249 TOTAL GROSS BUDGET 77,957,176 78,735,413 (778,237) 23,496,479 22,718,242 Less: Internal Service Funds 7,228,263 7,228,263 Other Transfers 5,717,139 5,717,139 TOTAL NET BUDGET 65,011,774 65,790.011 (778,237) 23,496,47 22,7 18,242 Section 2. This budget provides a 6.7% cost of living adjustment for nonrepresented employees effective January 1, 1992. Section 3. The City Administrator shall administer the Annual Budget and in doing so may authorize adjustments to the extent that they are consistent with the budget approved herein. Section 4. Effective Date. This rdinance shall take effect and be in force five (5) days from and after its passage, approv 1 an publication as provided by law. D KELLEHER, MAYOR ATTEST: BRENDA JACOBER, DE TY ITY CLERK APPROVED AS TO FORM: A. L0OVI—CH­,—=7ATTORN PASSED the day of ` , 1991. APPROVED the c�t� day ofd , 1991. PUBLISHED the day of !'�1 1991. I hereby certify that this is a true copy of Ordinance No. jC d, passed by the City Council of the City of Kent, Washington, nd approve y the Mayor of the City of Kent as hereon indicated. (SEAL) a. BRENDA JA OBER DEPUTY CITY CLERK