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HomeMy WebLinkAbout3725Ordinance No. 3725 (Amending or Repealing Ordinances) CFN=186 - Budget Passed - 12/14/2004 2005 Budget Adoption ORDINANCE NO. 3 7a S AN ORDINANCE of the City Council of the City of Kent, Washington, relating to budgets and finance and adopting the final 2005 fiscal year budget. RECITALS A. The tax estimates and budget for the City of Kent, Washington, for 2005 fiscal year have been prepared and filed as provided by law, and the budget has printed and distributed. B. Notice has been published in the official paper of the City of Kent setting the and place for hearing and that notice stated that all taxpayers calling at the office of the Clerk would be furnished a copy of the 2005 budget. NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON, DOES HEREBY ORDAIN AS FOLLOWS: ORDINANCE SECTION]. - Bud etAdoption. Pursuant to RCW 35A.33.075, the budget for the fiscal year, as summarized in Exhibit "A" and as set forth in the 2005 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 for the purposes in that budget as the final budget for the City's 2005 fiscal year. 1 2005 Budget Adoption SECTION 2. - Transmittal. The Finance Director shall transmit a complete copy of final adopted budget to the Division of Municipal Corporations in the Office of the Auditor and to the Association of Washington Cities. SECTION3. -Ad justmen . City administration shall administer the Annual Budget in doing so may authorize adjustments pursuant to RCW 35A.33.120. SECTION 4. - Severabil ity. If any one or more sections, subsections, or sentences of ordinance are held to be unconstitutional or invalid, such decision shall not affect the city of the remaining portion of this ordinance and the same shall remain in full force effect. SECTIONS. - Effective Date. This ordinance shall take effect and be in force five days from and after the date of passage and publication as provided by law. ATTEST: CITY CLERK AS TO FORM: BRUBAKER, CITY ATTORNEY WHITE, MAYOR 2 2005 BudgetAdoption PASSED: /"/ day of December, 2004. APPROVED: 141 day of December, 2004. PUBLISHED: / 19� day of December, 2004. I hereby certify that this is a true copy of Ordinance No. 3 %,),5'- passed by the City Council of the City of Kent, Washington, and approved by the Mayor of the City of Kent as hereon indicated. _Q ea-� (SEAL) BRENDA JACOB , CITY CLERK 3 2005 Budget Adoption 2005 Budget Ordinance Exhibit A PROPRIETARY FUNDS ENTERPRISE FUNDS Water 18,886,071 10,324,068 Inc (Dec) Beginning Ending Sewerage 23,887,936 25,291,215 In Fund Fund Fund Golf Complex Revenues Expenditures Balance Balance Balance GOVERNMENTAL FUNDS 173,339,462 169,370,013 3,969,449 28,997,642 32,967,091 GENERAL FUND 67,064,542 68,515,077 (1,450,535) 5,843,309 4,392,774 SPECIAL REVENUE FUNDS 4,731,356 4,725,092 6,264 47,046 53,310 Street 3,944,287 4,203,436 (259,149) 944,382 685,233 Lodging Tax Fund 121,658 166,533 (44,875) 120,074 75,199 Youthrreen Programs 685,481 739,595 (54,114) 92,937 38,823 Capital Improvement 8,887,529 9,418,185 (530,656) 1,248,098 717,442 Criminal Justice 2,318,359 2,540,214 (221,855) 643,236 421,381 Environmental Mitigation 244,538 272,809 (28,271) 203,401 175,130 Community Block Grant 957,366 957,366 Other Operating Projects 86,480 86,480 88,062 88,062 DEBT SERVICE FUNDS Voted 1,789,000 1,780,515 8,485 1,179 9,664 Councdmamc 6,920,227 6,920,227 Special Assessment 2,674,294 3,665,803 (991,509) 2,018,914 1,027,405 CAPITAL PROJECTS FUNDS Street Projects 1,635,000 1,635,000 Parks Projects 2,111,000 2,111,000 Other Capital Projects 262,000 262,000 Technology Projects 450,000 450,000 Facilities Projects 1,178,000 1,178,000 PROPRIETARY FUNDS ENTERPRISE FUNDS Water 18,886,071 10,324,068 8,562,003 3,068,753 11,630,756 Sewerage 23,887,936 25,291,215 (1,403,279) 5,885,589 4,482,310 Golf Complex 3,300,483 3,093,540 206,943 (1,047,873) (840,930) INTERNAL SERVICE FUNDS 173,339,462 169,370,013 3,969,449 28,997,642 32,967,091 Equipment Rental & Fire Equipment 3,446,980 3,425,637 21,343 3,012,479 3,033,822 Central Services 4,731,356 4,725,092 6,264 47,046 53,310 Facilities Fund 4,410,269 4,430,383 (20,114) 62,752 42,638 Insurance 13,153,798 12,821,347 332,451 3,070,455 3,402,906 FIDUCIARY FUNDS TRUST AND AGENCY FUNDS Firemen's Pension 189,018 349,000 (159,982) 3,671,905 3,511,923 Economic Development Corp 3,790 7,491 (3,701) 22,944 19,243 TOTAL GROSS BUDGET 173,339,462 169,370,013 3,969,449 28,997,642 32,967,091 LESS Internal Service Funds 24,594,606 24,594,606 Other Transfers 14,324,802 14,324,802 TOTAL BUDGET 134,420,054 130,450,605 3,969,449 28,997,642 32,967,091 CITY OF KENT, WASHINGTON 2005 Budget Ordinance Exhibit B Inc (Dec) Beginning Ending in Fund Fund Fund Revenues Expenditures Balance Balance Balance GOVERNMENTAL FUNDS GENERAL FUND 66,508,451 67,590,132 (1,081,681) 5,493,309 4,411,628 Banked Capacity tax used for Public Safety positions 972,848 972,848 Property Tax per final assessed value (22,607) (22,607) (22,607) Remove Communications Manager - 1 FTE (95,053) 95,053 95,053 Adjustment per Police contract 153,127 (153,127) (153,127) Correction for vehicle replacements 17,500 (17,500) (17,500) Less consultant fees for Critical Areas (40,000) 40,000 40,000 Parks Maintenance underbudgeted 12,523 (12,523) (12,523) Correct LEOFF 1 Medical payments (44,000) 44,000 44,000 Estimate adjustments/corrections (394,150) (52,000) (342,150) 350,000 7,850 Total General Fund 67,064,542 68,515,077 (1,450,535) 5,843,309 4,392,774 SPECIAL REVENUE FUNDS Street 3,944,287 4,203,436 (259,149) 944,382 685,233 Lodging Tax Fund 121,658 166,533 (44,875) 120,074 75,199 Youth/Teen Programs 685,481 739,595 (54,114) 92,937 38,823 Capital Improvement Fund 8,887,529 9,278,185 (390,656) 1,248,098 857,442 Continue contribution to Golf Course debt service 140,000 (140,000) (140,000) Total Capital Improvement Fund 8,887,529 9,418,185 (530,656) 1,248,098 717,442 Criminal Justice 2,318,359 2,540,214 (221,855) 643,236 421,381 Environmental Mitigation 244,538 272,809 (28,271) 203,401 175,130 Community Block Grant 957,366 957,366 Other Operating Projects 86,480 86,480 88,062 88,062 DEBT SERVICE FUNDS Voted 1,789,000 1,780,515 8,485 1,179 9,664 Counalmarnc 6,920,227 6,920,227 Special Assessment 2,674,294 3,665,803 (991,509) 2,018,914 1,027,405 CAPITAL PROJECTS FUNDS Street Projects Parks Projects Other Capital Projects Technology Projects Facilities Projects PROPRIETARY FUNDS ENTERPRISE FUNDS Water Sewerage Less consultant fees for Critical Areas 1,635,000 2,111,000 262,000 450,000 1,178,000 18,886,071 23,887,936 1,635,000 2,111,000 262,000 450,000 1,178,000 10,324,068 8,562,003 3,068,753 11,630,756 25,251,215 (1,363,279) 5,885,589 4,522,310 40,000 (40,000) (40,000) Total Sewerage Fund 23,887,936 25,291,215 (1,403,279) 5,885,589 4,482,310 Golf Complex Technical correction - financial charges Transfer from CIP for debt service Total Golf Complex Fund INTERNAL SERVICE FUNDS Equipment Rental Central Services Technical corrections Total Central Services Fund Facilities Fund Add 0 25 FTE. Cost offset by savings in other line items Insurance FIDUCIARY FUNDS TRUST AND AGENCY FUNDS Firemen's Pension Correct LEOFF 1 Medical payments Total Firemen's Pension Fund Economic Development Corp TOTAL GROSS BUDGET LESS: Internal Service Funds Other Transfers TOTAL BUDGET CITY OF KENT, WASHINGTON 2005 Budget Ordinance Exhibit B 189,018 305,000 (115,982) 3,671,905 3,555,923 44,000 (44,000) (44,000) 189,018 349,000 (159,982) 3,671,905 3,511,923 3,790 7,491 (3,701) 22,944 19,243 173,339,462 169,370,013 3,969,449 28,997,642 32,967,091 24,594,606 24,594,606 14,324,802 14,324,802 134,420,054 130,450,605 3,969,449 28,997,642 32,967,091 Inc (Dec) Beginning Ending In Fund Fund Fund Revenues Expenditures Balance Balance Balance 3,160,483 3,065,273 95,210 (1,047,873) (952,663) 28,267 (28,267) (28,267) 140,000 140,000 140,000 3,300,483 3,093,540 206,943 (1,047,873) (840,930) 3,446,980 3,425,637 21,343 3,012,479 3,033,822 4,731,356 4,703,994 27,362 47,046 74,408 21,098 (21,098) (21,098) 4,731,356 4,725,092 6,264 47,046 53,310 4,410,269 4,430,383 (20,114) 62,752 42,638 13,153,798 12,821,347 332,451 3,070,455 3,402,906 189,018 305,000 (115,982) 3,671,905 3,555,923 44,000 (44,000) (44,000) 189,018 349,000 (159,982) 3,671,905 3,511,923 3,790 7,491 (3,701) 22,944 19,243 173,339,462 169,370,013 3,969,449 28,997,642 32,967,091 24,594,606 24,594,606 14,324,802 14,324,802 134,420,054 130,450,605 3,969,449 28,997,642 32,967,091