HomeMy WebLinkAbout3670ORDINANCE NO. 3 /' 70
AN ORDINANCE of the City Council of the City of
Kent, Washington, relating to budgets and finance and
adopting the final 2004 fiscal year budget.
WHEREAS, the tax estimates and budget for the City of Kent,
for the 2004 fiscal year have been prepared and filed as provided by law; and
WHEREAS, the budget has been printed and distributed; and
WHEREAS, notice has been published in the official paper of the City
Kent setting the time and place for hearing; and
WHEREAS, that notice stated that all taxpayers calling at the office of
City Clerk would be furnished a copy of the 2004 budget; NOW, THEREFORE,
THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON,
HEREBY ORDAIN AS FOLLOWS:
SECTION]. - Budgetoption. Pursuant to RCW 35A.33.075, the
for the 2004 fiscal year, as summarized in Exhibit "A" and as set forth in the 2004
Preliminary Comprehensive Budget, which is amended by Exhibit "B," all of which are
incorporated into this ordinance by this reference, is hereby adopted in the amounts and foi
the purposes established in that budget as the final budget for the City's 2004 fiscal year.
1 2004 Budget
SECTION2. - Transmittal. The Finance Director shall transmit a
copy of the final adopted budget to the Division of Municipal Corporations in the Office
the State Auditor and to the Association of Washington Cities.
SECTIONS. -Ad
justments. City administration shall administer the
Budget and in doing so may authorize adjustments pursuant to RCW 35A.33.120.
SECTION 4. - Severability. If any one or more sections, subsections,
sentences of this ordinance are held to be unconstitutional or invalid, such decision
not affect the validity of the remaining portion of this ordinance and the same shall
in full force and effect.
SECTION S. - Effective Date. This ordinance shall take effect and be in
five (5) days from and after the date of passage and publication as provided by law.
ATTEST:
BRENDA JACOBER, CiTACLERK t n dbC
APPROVED AS TO FORM:
,�rjlkk QkA IAAen�=,
TOM BRUBAKER, CITY ATTORNEY
2 2004 Budget
PASSED: 2 day of December, 2003.
APPROVED: day of December, 2003.
PUBLISHED: -/d- day of December, 2003.
I hereby certify that this is a true copy of Ordinance No. ,�6 70
City Council of the City of Kent, Washington, and approved by the Mayor of the City
hereon indicated.
EAL)
BRENDA JACOBER CITY CLERK
3 2004 Budget
the
as
a
2004 Budget Ordinance
Exhibit A
PROPRIETARY FUNDS
ENTERPRISE FUNDS
Water
8,722,254
8,942,376
Inc (Dec)
Beginning
Ending
Sewerage
23,587,183
22,577,704
In Fund
Fund
Fund
Golf Complex
Revenues Expenditures
2,962,456
Balance
Balance
Balance
GOVERNMENTALFUNDS
GENERAL FUND
61,356,579
62,793,185
(1,436,606)
4,840,075
3,403,469
SPECIAL REVENUE FUNDS
4,577,744
4,561,251
16,493
145,415
161,908
Street
3,832,646
3,664,609
168,037
514,867
682,904
Lodging Tax Fund
121,794
154,054
(32,260)
65,447
33,187
Youth/Teen Programs
609,514
609,514
225,032
53,980
53,980
Capital Improvement
8,705,886
8,521,752
184,134
703,325
887,459
Criminal Justice
2,399,529
2,634,640
(235,111)
666,412
431,301
Environmental Mitigation
148,492
175,201
(26,709)
231,666
204,957
Community Block Grant
973,000
973,000
(2,397)
27,437
25,040
Other Operating Projects
43,500
43,500
(486,263)
21,760,110
21,273,847
DEBT SERVICE FUNDS
Voted
1,785,000
1,780,628
4,372
8,030
12,402
Counctlmamc
7,665,023
7,665,023
Special Assessment
2,612,124
2,722,308
(110,184)
2,116,204
2,006,020
CAPITAL PROJECTS FUNDS
Street Projects
1,023,000
1,023,000
Parks Projects
1,971,772
1,971,772
Facilities Projects
80,000
80,000
Technology Projects
300,000
300,000
PROPRIETARY FUNDS
ENTERPRISE FUNDS
Water
8,722,254
8,942,376
(220,122)
2,023,123
1,803,001
Sewerage
23,587,183
22,577,704
1,009,479
1,250,295
2,259,774
Golf Complex
3,314,000
2,962,456
351,544
109,992
461,536
INTERNAL SERVICE FUNDS
Equipment Rental
2,896,984
2,917,731
(20,747)
2,587,876
2,567,129
Central Services
4,577,744
4,561,251
16,493
145,415
161,908
Fire Equipment
443,281
600,000
(156,719)
306,211
149,492
Facilities Fund
4,089,315
4,227,159
(137,844)
167,239
29,395
Insurance
13,090,016
12,864,984
225,032
2,270,611
2,495,643
FIDUCIARY FUNDS
TRUST AND AGENCY FUNDS
Firemen's Pension
209,525
276,180
(66,655)
3,671,905
3,605,250
Economic Development Corp
4,825
7,222
(2,397)
27,437
25,040
TOTAL GROSS BUDGET
154,562,986
155,049,249
(486,263)
21,760,110
21,273,847
LESS.
Internal Service Funds
24,106,812
24,106,812
Other Transfers
12,335,882
12,335,882
TOTAL BUDGET
118,120,292
118,606,555
(486,263)
21,760,110
21,273,847
CITY OF KENT, WASHINGTON
2004 Budget Ordinance
Exhibit B
SPECIAL REVENUE FUNDS
Street
4,610,595
4,790,978
Inc (Dec)
Beginning
Ending
Position moved from General Fund
26,000
In Fund
Fund
Fund
Adjust Debt Service
Revenues
Expenditures
Balance
Balance
Balance
GOVERNMENTAL FUNDS
(777,949)
(1,306,896)
528,947
(397,251)
131,696
GENERAL FUND
61,406,072
62,731,824
(1,325,752)
4,840,075
3,514,323
Property tax - assessed valuation
(3,712)
121,000
(3,712)
(3,712)
Technical correction senior trips
(45,781)
(71596)
(45,781)
(45,781)
Position moved to street & utilities
(104,000)
104,000
65,447
104,000
Sales tax streamlining
121,794
25,000
(25,000)
65,447
(25,000)
Suburban Cities dues correction
609,514
5,288
(5,288)
53,980
(5,288)
Correct cost allocations
8,705,886
135,073
(135,073)
703,325
(135,073)
Total General Fund
61,356,579
62,793,185
(1,436,606)
4,840,075
3,403,469
SPECIAL REVENUE FUNDS
Street
4,610,595
4,790,978
(180,383)
912,118
731,735
Position moved from General Fund
26,000
(26,000)
(26,000)
Adjust Debt Service
154,527
(154,527)
(154,527)
Remove 776 revenues / projects
(777,949)
(1,306,896)
528,947
(397,251)
131,696
Total Street Fund
3,832,646
3,664,609
168,037
514,867
682,904
Lodging Tax Fund
121,794
121,000
794
794
Adjust Debt Service
(71596)
7,596
7,596
Adjustments per committee request
40,650
(40,650)
65,447
24,797
Total Lodging Tax Fund
121,794
154,054
(32,260)
65,447
33,187
Youth/Teen Programs
609,514
609,514
53,980
53,980
Capital Improvement Fund
8,705,886
8,784,246
(78,360)
703,325
624,965
Adjust Debt Service
(262,494)
262,494
262,494
Total Capital Improvement Fund
8,705,886
8,521,752
184,134
703,325
887,459
Criminal Justice
2,399,529
2,624,640
(225,111)
656,412
431,301
Overlooked defibnlators - seized assets
10,000
(10,000)
10,000
Total Criminal Justice Mitigation Fund
2,399,529
2,634,640
(235,111)
666,412
431,301
Environmental Mitigation
148,492
175,201
(26,709)
231,666
204,957
Community Block Grant
973,000
973,000
Other Operating Projects
43,500
43,500
DEBT SERVICE FUNDS
Voted
1,785,000
1,780,628
4,372
8,030
12,402
Councilmanic
7,780,586
7,780,586
Adjust Debt Service
(115,563)
(115,563)
Total Councilmanic Debt Service Fund
7,665,023
7,665,023
Special Assessment
2,612,124
2,722,308
(110,184)
2,116,204
2,006,020
CAPITAL PROJECTS FUNDS
Street Projects
2,438,000
2,438,000
1-776 Reduction
(1,415,000)
(1,415,000)
Total Street Capital Projects Fund
1,023,000
1,023,000
Parks Projects
1,971,772
1,971,772
Facilities Projects
80,000
80,000
Technology Projects
300,000
300,000
CITY OF KENT, WASHINGTON
2004 Budget Ordinance
Exhibit B
Inc (Dec) Beginning Ending
In Fund Fund Fund
Revenues Expenditures BalanceBalance Balance
PROPRIETARY FUNDS
ENTERPRISE FUNDS
Water
8,722,254
8,916,376
(194,122)
2,023,123
1,829,001
Position moved from General Fund
209,525
26,000
(26,000)
3,671,905
(26,000)
Total Water Fund
8,722,254
8,942,376
(220,122)
2,023,123
1,803,001
Sewerage
23,587,183
22,525,704
1,061,479
1,250,295
2,311,774
Position moved from General Fund
52,000
(52,000)
(52,000)
Total Sewer Fund
23,587,183
22,577,704
1,009,479
1,250,295
2,259,774
Golf Complex
3,314,000
3,097,529
216,471
109,992
326,463
correction of cost allocations
118,120,292
(135,073)
135,073
21,760,110
135,073
Total Golf Complex Fund
3,314,000
2,962,456
351,544
109,992
461,536
INTERNAL SERVICE FUNDS
Equipment Rental
2,896,984
2,618,933
278,051
2,587,876
2,865,927
Correction to auto parts
298,798
(298,798)
(298,798)
Total Equipment Rental Fund
2,896,984
2,917,731
(20,747)
2,587,876
2,567,129
Central Services
4,577,744
4,561,251
16,493
145,415
161,908
Fire Equipment
443,281
600,000
(156,719)
306,211
149,492
Facilities Fund
4,089,315
4,227,159
(137,844)
167,239
29,395
Insurance
13,090,016
12,864,984
225,032
2,270,611
2,495,643
Liability Insurance fund - legal fees
25,000
(25,000)
(25,000)
(50,000)
IBNR adjustment
(25,000)
25,000
25,000
50,000
Total Insurance Fund
13,090,016
12,864,984
225,032
2,270,611
2,495,643
FIDUCIARY FUNDS
TRUST AND AGENCY FUNDS
Firemen's Pension
209,525
276,180
(66,655)
3,671,905
3,605,250
Economic Development Corp
4,825
7,222
(2,397)
27,437
25,040
TOTAL GROSS BUDGET
154,562,986
155,049,249
(486,263)
21,760,110
21,273,847
LESS
Internal Service Funds
24,106,812
24,106,812
Other Transfers
12,335,882
12,335,882
TOTAL BUDGET
118,120,292
118,606,555
(486,263)
21,760,110
21,273,847