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HomeMy WebLinkAbout3632ORDINANCE NO. 26 -30 -- AN ORDINANCE of the city council of the city of Kent, Washington, relating to budgets and finance and adopting the final 2003 fiscal year budget WHEREAS, the tax estimates and budget for the city of Kent, Washington, for the 2003 fiscal year have been prepared and filed as provided by law, the budget has been printed and distributed; and notice has been published in the official paper of the city of Kent setting the time and place for hearing, and that notice stated that all taxpayers calling at the office of the city clerk would be fiirmshed a copy of the 2003 budget; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON, DOES HEREBY ORDAIN AS FOLLOWS SECTION 1. - Budeet Adoption Pursuant to RCW 35A 33 075, the budget for the 2003 fiscal year, as summarized in Exhibit "A" and as set forth in the 2003 Preliminary Comprehensive Budget, which is amended by Exhibit `B," all of which are incorporated in this ordinance by tlus reference as if fully set forth herein, is hereby adopted in the amounts and for the purposes established in that budget as the final budget for the city's 2003 fiscal year SECTION2. - Transmittal The finance director shall transmit a complete copy of the final adopted budget to the Division of Municipal Corporations in the Office of the State Auditor and to the Association of Washington Cities 1 2003 Budget Adoption SECTION 3. -Ad justments. City administration shall administer the Budget and in doing so may authorize adjustments pursuant to RCW 35A 33 120 SECTION 4. - Severaba[aty. If any one or more sections, subsections, sentences of this ordinance are held to be unconstitutional or invalid, such decision shall not affect the validity of the remaining portion of this ordinance and the same shall in full force and effect SECTION 5. - Effective Date This ordinance shall take effect and be in force five (5) days from and after the date of passage and publication as provided by law ATTEST: - BRENDA JACOBER, ITY CLERK APPROVED AS TO FORM- - � r�qx6 TOM BRUBAKER, CITY ATTORNEY 2 2003 Budget Adoption PASSED /0 day of December, 2002 APPROVED /Q day of December, 2002 PUBLISHED / Ll day of December, 2002 I hereby certify that this is a true copy of Ordinance No 363'- passed 6 the city council of the city of Kent, Washington, and approved by the mayor of the city of Kent as hereon indicated. (SEAL) BRENDA JACOBE , CITY CLERK 3 2003 Budget Adoption 2003 Budget Ordinance Exhibit A PROPRIETARY FUNDS ENTERPRISE FUNDS Inc (Dec) Beginning Ending Water 8,640,000 9,662,992 in Fund Fund Fund Sewerage Revenues Expenditures Balance Balance Balance GOVERNMENTALFUNDS 3,269,000 3,081,966 187,034 36,608 223,642 GENERALFUND 61,044,242 63,260,617 (2,216,375) 6,093,410 3,877,035 SPECIAL REVENUE FUNDS 2,930,728 2,539,207 391,521 2,784,307 3,175,828 Street 4,553,386 4,190,668 362,698 365,020 727,718 Lodging Tax Fund 132,526 151,530 (19,004) 25,568 6,564 Youth/Teen Programs 626,906 634,595 (7,689) 17,415 9,726 Capital Improvement 7,797,675 8,526,743 (729,068) 793,429 64,361 Criminal Justice 2,494,610 2,757,690 (263,080) 1,124,153 861,073 Environmental Mitigation 222,328 197,552 24,776 141,790 166,566 Community Block Grant 613,000 613,000 (59,220) 3,549,514 3,490,294 Other Operating Projects 15,768 15,768 (2,183) 29,754 27,571 DEBT SERVICE FUNDS 152,487,606 156,647,509 (4,159,903) 23,776,472 19,616,569 Voted 1,785,000 1,780,752 4,248 16,330 20,578 Councdmamc 8,018,643 8,018,643 Special Assessment 2,659,424 2,846,825 (187,401) 2,111,514 1,924,113 CAPITAL PROJECTS FUNDS 116,194,959 120,354,862 (4,159,903) 23,776,472 19,616,569 Street Projects 1,795,000 1,795,000 Parks Projects 1,757,926 1,757,926 Other Projects Technology Projects 500,000 500,000 PROPRIETARY FUNDS ENTERPRISE FUNDS Water 8,640,000 9,662,992 (1,022,992) 2,336,000 1,313,008 Sewerage 23,374,059 23,894,475 (520,416) 2,499,345 1,978,929 Golf Complex 3,269,000 3,081,966 187,034 36,608 223,642 INTERNAL SERVICE FUNDS Equipment Rental 2,930,728 2,539,207 391,521 2,784,307 3,175,828 Central Services 4,457,113 4,458,284 (1,171) 51,199 50,028 Fire Equipment 243,281 400,000 (156,719) 352,854 196,135 Facilities Fund 3,992,364 4,259,684 (267,320) 472,578 205,258 Insurance 11,362,742 11,040,284 322,458 975,684 1,298,142 FIDUCIARY FUNDS TRUST AND AGENCY FUNDS Firemen's Pension 196,960 256,180 (59,220) 3,549,514 3,490,294 Economic Development Corp 4,925 7,108 (2,183) 29,754 27,571 TOTAL GROSS BUDGET 152,487,606 156,647,509 (4,159,903) 23,776,472 19,616,569 LESS Internal Service Funds 22,270,245 22,270,245 Other Transfers 14,022,402 14,022,402 TOTAL BUDGET 116,194,959 120,354,862 (4,159,903) 23,776,472 19,616,569 CITY OF KENT, WASHINGTON 2003 Budget Ordinance Exhibit B Inc (Dec) Beginning Ending In Fund Fund Fund Revenues Expenditures Balance Balance Balance GOVERNMENTALFUNDS GENERAL FUND 60,679,275 63,225,617 (2,546,342) 6,093,410 3,547,068 Property tax - assessed valuation & 354,014 354,014 354,014 new construction higher than forecast (19,004) 25,568 6,564 EMS regular levy lower than forecast (21,447) (21,447) (21,447) EMS levy for transport services 35,000 35,000 7,797,675 Metncom bankruptcy (2,600) (2,600) (2,600) Total General Fund 61,044,242 63,260,617 (2,216,375) 6,093,410 3,877,035 SPECIAL REVENUE FUNDS Street 4,553,386 4,190,688 362,698 365,020 727,718 Lodging Tax Fund 132,526 151,530 (19,004) 25,568 6,564 Youth/Teen Programs 626,906 634,595 (7,689) 17,415 9,726 Capital Improvement Fund 7,797,675 8,526,743 (729,068) 793,429 64,361 Criminal Justice Elimination of Springwood Grant Total Criminal Justice Mitigation Fund Environmental Mitigation Correction of grant expenditures Total Environmental Mitigation Fund Community Block Grant Other Operating Protects DEBT SERVICE FUNDS Voted Councdmanic Special Assessment CAPITAL PROJECTS FUNDS Street Protects Parks Protects Other Protects Technology Protects PROPRIETARY FUNDS ENTERPRISE FUNDS Water Adjust per rate study estimates Total Water Fund Sewerage Golf Complex 2,581,595 2,863,606 (282,011) 1,124,153 842,142 (86,985) (105,916) 18,931 18,931 2,494,610 2,757,690 (263,080) 1,124,153 861,073 222,328 161,914 60,414 141,790 202,204 35,638 (35,638) (35,638) 222,328 197,552 24,776 141,790 166,566 613,000 613,000 15,768 15,768 1,785,000 1,780,752 4,248 16,330 20,578 8,018,643 8,018,643 2,659,424 2,846,825 (187,401) 2,111,514 1,924,113 1,795,000 1,795,000 1,757,926 1,757,926 500,000 500,000 8,368,107 9,685,260 (1,317,153) 1,598,759 281,606 271,893 (22,268) 294,161 737,241 1,031402 8,640,000 9,662,992 (1,022,992) 2,336,000 1,313,008 23,374,059 23,894,475 (520,416) 2,499,345 1,978,929 3,269,000 3,081,966 187,034 36,608 223,642 CITY OF KENT, WASHINGTON 2003 Budget Ordinance Exhibit B Inc (Dec) Beginning Ending In Fund Fund Fund Revenues Expenditures Balance Balance Balance INTERNAL SERVICE FUNDS Equipment Rental 2,930,728 2,539,207 391,521 2,784,307 3,175,828 Central Services 4,457,113 4,458,284 (1,171) 51,199 50,028 Fire Equipment 243,281 400,000 (156,719) 352,854 196,135 Facilities Fund 3,992,364 4,259,684 (267,320) 472,578 205,258 Insurance 11,362,742 11,040,284 322,458 975,684 1,298,142 FIDUCIARY FUNDS TRUST AND AGENCY FUNDS Firemen's Pension 196,960 256,180 (59,220) 3,549,514 3,490,294 Economic Development Corp 4,925 7,108 (2,183) 29,754 27,571 TOTAL GROSS BUDGET 152,487,606 156,647,509 (4,159,903) 23,776,472 19,616,569 LESS Internal Service Funds 22,270,245 22,270,245 Other Transfers 14,022,402 14,022,402 TOTAL BUDGET 116,194,959 120,354,862 (4,159,903) 23,776,472 19,616,569