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HomeMy WebLinkAbout3772Ordinance No. 3772 (Amending or Repealing Ordinances) CFN=186 - Budget Passed - 12/13/2005 2006 Budget Adoption ORDINANCE NO. 3 7 7�- AN ORDINANCE of the city council of the city of Kent, Washington, relating to budgets and finance and adopting the final 2006 fiscal year budget. RECITALS A. The tax estimates and preliminary budget for the city of Kent, Washington, the 2006 fiscal year have been prepared and filed as provided by law, and the budget Chas been 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 city clerk would be furnished a copy of the 2006 budget. NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON, DOES HEREBY ORDAIN AS FOLLOWS: ORDINANCE SECTION 1. - BudgetAdootion. Pursuant to RCW 35A.33.075, the budget for the 2006 fiscal year, as summarized in Exhibit "A" and as set forth in the 2006 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 established in that budget as the final budget for the city's 2006 fiscal year. 2006 Budget Adoption SECTIONZ - 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. SECTION 3. - Ad&stments. City administration shall administer the Annual Budget and in doing so may authorize adjustments pursuant to RCW 35A.33.120. SECTION 4. - Severability If any one or more sections, subsections, or 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 remain in full force and effect. SECTION S. - Effective Date. This ordinance shall take effect and be in force five 1(5) days from and after the date of passage and publication as provided by law. ATTEST: B ENDA JACOBER, CFVCLERK APPROVED AS TO FORM: TOM RUBAKER, CITY ATTORNEY 2 2006 8udgetAdoption PASSED: 1.3 day of December, 2005. APPROVED: /7 day of December, 2005. PUBLISHED: // day of December, 2005. I hereby certify that this is a true copy of Ordinance No. &7 a passed by the city council of the city of Kent, Washington, and approved by the mayor of the city of Kent as hereon indicated. P 10x1\=IINIXZOAgetFdtP0am3 E -24L �±�(SEAQ BRENDA JACOBER, C CLERK 3 2006 Budget Adoption 2006 Budget Ordinance Exhibit A Inc (Dec) Beginning Ending in Fund Fund Fund Revenues Expenditures Balance Balance Balance GOVERNMENTALFUNDS GENERAL FUND 70,866,127 71,344,965 (478,838) 5,708,190 5,229,352 SPECIAL REVENUE FUNDS Street 4,468,340 4,493,154 (24,814) 806,206 781,392 Lodging Tax Fund 120,069 160,500 (40,431) 76,042 35,611 Youth/Teen Programs 698,586 654,595 43,991 23,490 67,481 Capital Improvement 10,349,471 11,401,324 (1,051,853) 3,120,915 2,069,062 Criminal Justice 2,259,564 2,750,252 (490,688) 941,387 450,699 Environmental Mitigation 235,240 310,682 (75,442) 187,139 111,697 Community Block Grant 879,796 879,796 Other Operating Projects 294,435 315,500 (21,065) 76,599 55,534 DEBT SERVICE FUNDS Voted 1,799,917 1,782,609 17,308 16,279 33,587 LTGO Debt 8,820,278 8,820,278 Special Assessment 3,738,657 4,830,354 (1,091,697) 4,509,774 3,418,077 CAPITAL PROJECTS FUNDS Street Projects 1,357,000 1,357,000 Parks Projects 1,944,000 1,944,000 Other Capital Projects 840,000 840,000 Technology Projects 978,000 978,000 Facilities Projects 510,000 510,000 PROPRIETARY FUNDS ENTERPRISE FUNDS Water 8,916,507 11,378,862 (2,462,355) 9,490,128 7,027,773 Sewerage 24,892,509 25,216,183 (323,674) 1,306,199 982,525 Golf Complex 3,339,274 2,966,470 372,804 (1,248,708) (875,904) INTERNAL SERVICE FUNDS Equipment Rental & Fire Equipment 3,919,098 5,700,438 (1,781,340) 3,328,559 1,547,219 Central Services 4,886,102 4,969,230 (83,128) 126,067 42,939 Facilities Fund 4,071,503 4,436,129 (364,626) 385,237 20,611 Insurance 14,344,555 13,869,742 474,813 5,418,658 5,893,471 FIDUCIARY FUNDS TRUST AND AGENCY FUNDS Firemen's Pension 186,048 349,000 (162,952) 3,435,434 3,272,482 Economic Development Corp 3,000 7,669 (4,669) 17,352 12,683 TOTAL GROSS BUDGET 174,718,076 182,266,732 (7,548,656) 37,724,947 30,176,291 LESS Internal Service Funds 26,231,492 26,231,492 Other Transfers 16,679,532 16,679,532 TOTAL BUDGET 131,807,052 139,355,708 (7,548,656) 37,724,947 30,176,291 CITY OF KENT, WASHINGTON 2006 Budget Ordinance Exhibit B Inc (Dec) Beginning Ending in Fund Fund Fund Revenues Expenditures Balance Balance Balance GOVERNMENTAL FUNDS GENERAL FUND 70,866,127 71,344,965 (478,838) 5,708,190 5,229,352 SPECIAL REVENUE FUNDS Street 4,358,340 4,443,154 (84,814) 806,206 721,392 Increased gas tax / Neighborhood demos 110,000 50,000 60,000 60,000 Total Street Fund 4,468,340 4,493,154 (24,814) 806,206 781,392 Lodging Tax Fund 120,069 160,500 (40,431) 76,042 35,611 Youth/Teen Programs 698,586 614,595 83,991 23,490 107,481 School golf program 40,000 (40,000) (40,000) Total YouthJTeen Programs 698,586 654,595 43,991 23,490 67,481 Capital Improvement Fund 10,349,471 10,160,982 188,489 1,880,573 2,069,062 Beginning fund balance / Debt 1,200,342 (1,200,342) 1,240,342 40,000 Neighborhood Study 40,000 (40,000) (40,000) Total Capital Improvement Fund 10,349,471 11,401,324 (1,051,853) 3,120,915 2,069,062 Criminal Justice 2,259,564 2,750,252 (490,688) 941,387 450,699 Environmental Mitigation 235,240 310,682 (75,442) 187,139 111,697 Community Block Grant 879,796 879,796 Other Operating Projects 294,435 315,500 (21,065) 76,599 55,534 DEBT SERVICE FUNDS Voted 1,799,917 1,782,609 17,308 16,279 33,587 LTGO Bonds 7,619,936 7,619,936 1,200,342 1,200, 342 Total LTGO Bonds 8,820,278 8,820,278 Special Assessment 3,738,657 4,830,354 (1,091,697) 4,509,774 3,418,077 CAPITAL PROJECTS FUNDS Street Projects 1,357,000 1,357,000 Parks Projects 1,944,000 1,944,000 Other Capital Projects 840,000 840,000 Technology Projects 978,000 978,000 Facilities Projects 510,000 510,000 PROPRIETARY FUNDS ENTERPRISE FUNDS Water 8,916,507 11,078,862 (2,162,355) 9,490,128 7,327,773 Tacoma Intertie fixed costs 300,000 (300,000) (300,000) Total Water Fund 8,916,507 11,378,862 (2,462,355) 9,490,128 7,027,773 Sewerage 24,892,509 25,216,183 (323,674) 1,306,199 982,525 Golf Complex 3,299,274 2,966,470 332,804 (1,248,708) (915,904) School golf program 40,000 40,000 40,000 Total Golf Complex Fund 3,339,274 2,966,470 372,804 (1,248,708) (875,904) CITY OF KENT, WASHINGTON 2006 Budget Ordinance Exhibit B Inc (Dec) Beginning Ending in Fund Fund Fund Revenues Expenditures Balance Balance Balance INTERNAL SERVICE FUNDS Equipment Rental 3,919,098 5,683,438 (1,764,340) 3,328,559 1,564,219 Replace Fire vehicle 7631 17,000 (17,000) (17,000) Total Equipment Rental Fund 3,919,098 5,700,438 (1,781,340) 3,328,559 1,547,219 Central Services 4,886,102 4,969,230 (83,128) 126,067 42,939 Facilities Fund 4,071,503 4,436,129 (364,626) 385,237 20,611 Insurance 14,344,555 13,869,742 474,813 5,418,658 5,893,471 FIDUCIARY FUNDS TRUST AND AGENCY FUNDS Firemen's Pension 186,048 349,000 (162,952) 3,435,434 3,272,482 Economic Development Corp 3,000 7,669 (4,669) 17,352 12,683 TOTAL GROSS BUDGET 174,718,076 182,266,732 (7,548,656) 37,724,947 30,176,291 LESS Internal Service Funds 26,231,492 26,231,492 Other Transfers 16,679,532 16,679,532 TOTAL BUDGET 131,807,052 139,355,708 (7,548,656) 37,724,947 30,176,291