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HomeMy WebLinkAbout2288ORDINANCE NO. V AN ORDINANCE of the City of Kent, Washington, amending the 1981 Budget for purchase and operation of the Golf Course Enterprise Fund and repealing Ordinance 2281. THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON, DO REBY ORDAIN AS FOLLOWS: Section 1. The 1981 Budget is changed as follows: Revenue Expenditure A. Golf Course Enterprise Fund Revenue 1. Golf Course Revenue 2. Other Financial Sources a) Transfer from Conting- ency Fund b) Proceeds of Bond Sale c) Interest Expenditure 1. Operation Expenditure 2. Other Expenditures a) Debt Service Interest b) Golf Course & Driving Range Purchase c) Golf Complex Capital Improvements Total Budget Adjustments Golf Course Enterprise Fund B. Contingency Fund Expenditures 1. Transfer to Golf Course Enterprise Fund 2. Decrease Ending Fund Balance Total Budget Adjustments Contingency Fund C. Central Service Fund Revenue 1. Charges to Golf Course Expenditures 1. Utility Expenses Total Budget Adjustments Central Service Fund 113,250 121,919 1,900,000 3,250 113,250 121,919 1,766,250 137,000 $ 2,138,419 $2,138,419 121,919 (121,919) o - I 6,000 6,000 $ 6,000 $ 6,000 D. Building & Grounds Maint- enance Fund Revenue 1. Charges to Golf Course Expenditures 1. Labor & Materials to Improve Golf Complex 2. Operating Maintenance and Supplies Revenue Expenditure $ 38,059 20,659 17,400 Total Budget Adjustments Building & Grounds Maintenance $ 3`8, 059 $ 38, 059 Fund Section 2. Ordinance 2281 be and the same hereby is -epealed in its entirety. Section 3. This Ordinance shall take effect and be in `once five (5) days from and after its approval, passage and pub - .ication as provided by law. i ATTEST: �, iIARIE tEN , CITY I CLE �FPROVED AS/ TO FORM: DONALD E. MIRK, CITY ATTORNEY /" PASSED the L' day of April, 1981. APPROVED the _ day of April, 1981. PUBLISHED the /:< day of April, 1981. 1 I hereby certify that this is a true copy of Ordinance No.passed by the City Council of the City of Kent, Washington, and approved by the Mayor of the City of Kent as here- on indicated. (SEAL) - 2 -