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HomeMy WebLinkAbout3659ORDINANCE NO. 309 AN ORDINANCE of the City Council of the City of Kent, Washington, amending the 2003 budget for adjustments made from January 1, 2003, to June 30, 2003. THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON, DOES HEREBY ORDAIN AS FOLLOWS: SECTION 1. - Budget Adjustment. The 2003 City budget is amended to budget fund adjustments as summarized and set forth in Exhibit "A," which is attached and incorporated by this reference. Authorized positions are reduced by 33.13 full-time equivalents, and the internal fund loan or investment rate is standardized at the Washington state pool rate. SECTION2. - Ratification. Any act consistent with the authority and prior to the effective date of this resolution is hereby ratified and affirmed. SECTION 3. - Severabzkty. If any section, sentence, clause or phrase of ordinance should be held to be invalid or unconstitutional by a court of competent such invalidity or unconstitutionality shall not affect the validity or ity of any other section, sentence, clause, or phrase of this ordinance. 1 2003 First Half Budget Adjustment SECTION 4. - QEective 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. i - , / Ized 1p, WHITE, MAYOR ATTEST: BRENDA JACOBER, aITY CLERK APPROVED AS TO FORM: 12214 'c Vt,v-._... TOM BRUBAKER, CITY ATTORNEY PASSED: _2 day of September, 2003. APPROVED: !� day of September, 2003. PUBLISHED: day of September, 2003. I hereby certify that this is a true copy of Ordinance No. AiO , passed the City Council of the City of Kent, Washington, and approved by the Mayor of the of Kent as hereon indicated. P 1QvtTOrdwncel�ydggAd�ustmot-2004=Mdoc (SEAL) BRENDA JACOBER, ITY CLERK 2 2003 First Half Budget Adjustment City of Kent Budget Adjustment Ordinance Adjustments January 1, 2003 to June 30, 2003 Exhibit A Total Gross Budget Change 15,851,033 Less: Internal Service Funds (1,167,968) Other Transfers 1,209,078 Internal Transfers (274,645) Subtotal (233,535) Total Net Budget Change 15,617,498 Adjustment Fund Title Ordinance 001 General Fund (12,883) 110 Street Fund 176,441 130 Lodging Tax Fund 0 140 Youth/Teen Fund 0 150 Capital Improvement Fund (447,123) 160 Criminal Justice Fund 83,857 170 Environmental Fund 128,633 180 Housing & Comm Dev Fund 810,000 190 Other Operating Projects Fund 5,388 210 Voted Debt Service Fund 0 220 Non -Voted Debt Service Fund 0 250 Spec Assess Debt Service Fund (45,612) 310 Street Capital Projects Fund 8,391,369 320 Parks Capital Projects Fund (10,293) 330 Other Capital Projects Fund (78,746) 340 Technology Capital Projects 4,082,770 350 Facilities Capital Projects 128,759 410 Water Operating Fund 681,345 440 Sewerage Operating 420,934 480 Golf Operating 47,598 510 Fleet Services Fund 17,957 520 Central Services Fund 124,914 530 Fire Equipment Fund 15,644 540 Facilities Management Fund 187,484 560 Insurance Fund 1,142,597 620 Firefighters Pension Fund 0 680 Agency and Clearing Fund 0 701 Kent Economic Dev Corp 0 Total Gross Budget Change 15,851,033 Less: Internal Service Funds (1,167,968) Other Transfers 1,209,078 Internal Transfers (274,645) Subtotal (233,535) Total Net Budget Change 15,617,498