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HomeMy WebLinkAbout3733Ordinance No. 3733 (Amending or Repealing Ordinances) CFN=186 - Budget Passed - 2/1/2005 2004 - Budget Adjustment - Second Half ORDINANCE NO. 3 73 3 AN ORDINANCE of the City of Kent, Washington, amending the 2004 Budget for adjustments made between August 1, 2004, and December 31, 2004, and authorizing a short term loan from the General Fund to the Housing and Community Development Fund (CDBG) and to the Golf Course Fund to cover year-end expenditures. THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON, DOES HEREBY ORDAIN AS FOLLOWS: SECTION]. — BudgetAdjustments. The 2004 City budget is amended to include budget fund adjustments as summarized and set forth in Exhibit "A," which is incorporated into this ordinance. SECTION 2. — Housing & Community Development Fund and Golf Course Fund — Short Term Loans. There is hereby ratified and established, as part of the 2004 budget, short-term loans from the General Fund to the Housing and Community Development Fund (CDBG) and the Golf Course Fund in an amount not to exceed $200,000 each to cover year-end expenditures. These funds may only be used as needed. SECTION 3. — Severability If any section, sentence, clause or phrase of this ordinance should be held to be invalid or unconstitutional by a court of competent jurisdiction, such invalidity or unconstitutionality shall not affect the validity or constitutionality of any other section, sentence, clause or phrase of this ordinance. 1 2004 - Budget Adjustment - Second Half SECTION 4. – Ratification Any act consistent with the authority and prior to effective date of this resolution is hereby ratified and affirmed. SECTIONS. –Effective 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. WHITE, MAYOR ATTEST: APPROVED AS TO FORM: ,X"I, 122't�,JR TOM BRUBAKER, CITY ATTORNEY PASSED: 4— day of February, 2005. APPROVED: day of February, 2005. PUBLISHED: day of February, 2005. I hereby certify that this is a true copy of Ordinance No. 3 733 passed by the City Council of the City of Kent, Washington, and approved by the Mayor of the City of as hereon indicated. 2 2004 - Budget Adjustment - Second Half . City of Kent Budget Adjustment Ordinance Adjustments August 1, 2004 to December 31, 2004 Exhibit A Adjustment Fund Title Ordinance 001 General Fund 582,706 110 Street Fund 45,000 130 Lodging Tax Fund 140 Youthrreen Fund 150 Capital improvement Fund (45,000) 160 Criminal Justice Fund (247,514) 170 Environmental Fund 180 Housing & Comm Dev Fund 240,184 190 Other Operating Projects Fund 729,533 210 Voted Debt Service Fund 220 Non -Voted Debt Service Fund 250 Spec Assess Debt Service Fund 830,000 310 Street Capital Projects Fund 14,546,180 320 Parks Capital Projects Fund 930,104 330 Other Capital Projects Fund 21,550,367 340 Technology Capital Projects 350 Facilities Capital Projects 1,263,169 410 Water Operating Fund 440 Sewerage Operating 15,685,772 480 Golf Operating 510 Fleet Services Fund 520 Central Services Fund 530 Fire Equipment Fund 540 Facilities Management Fund 560 Insurance Fund 620 Firefighters Pension Fund 680 Agency and Clearing Fund 701 Kent Economic Dev Corp 2,000 Total Gross Budget Change 56,112,501 Less: Internal Service Funds Other Transfers (279,213) Internal Transfers (7,173,479) Subtotal (7,452,692) Total Net Budget Change 48,659,809