HomeMy WebLinkAbout4240ORDINANCE NO. 1°2gv
AN ORDINANCE of the City Council of the
City of Kent, Washington, approving the
consolidating budget adjustments made between
December 1 and 31, 2016, reflecting an overall
budget increase of $3,693,440.
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF KENT,
WASHINGTON, DOES HEREBY ORDAIN AS FOLLOWS;
ORDINANCE
SECTION 1. - Bud_ e4 t Adjustments. The 2015-2016 biennial
budget is amended to include budget fund adjustments for the fourth
quarter of 2016 from December 1 through 31, 2016, as summarized and
set forth in Exhibit "A," which is attached and incorporated into this
ordinance. Except as amended by this ordinance, all terms and provisions
of the 2015-2016 biennial budget Ordinance No. 4137, as amended by
Ordinance Nos. 4149, 4168, 4173, 4185, 4200, 4211, 4221, 4226 and
4237 shall remain unchanged.
SECTION 2. - Severability. If any one or more section, subsection,
or sentence of this ordinance is 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.
1 2015-2016 Budget Adjustment
Fourth Quarter Dec - 2016
SECTION 3. - Corrections by City Clerk or Code Reviser. Upon
approval of the city attorney, the city clerk and the code reviser are
authorized to make necessary corrections to this ordinance, including the
correction of clerical errors; ordinance, section, or subsection numbering;
or references to other local, state, or federal laws, codes, rules, or
regulations.
SECTION 4. - Effective Date. This ordinance shall take effect and
be in force five days after its publication, as provided law,.,
COOKE, MAYOR
ATTEST: �
SUE HANSON, ACTING CITY CLERK
APPROVED AS TO FORM:
TH "PAT" FITZPATRICK, D UTY CITY ATTORNEY
PASSED: 21 - day of , 2017.
APPROVED: ,?i'5�- day of , 2017.
PUBLISHED: 02q4k- day of , 2017.
I hereby certify that this is a true copy of Ordinance No. 11�-40
passed by the City Council of the City of Kent, Washington, and approved
by the Mayor of the City of Kent as hereon indicated.
41Tiilil6�`— (SEAL)
SUE HANSON, ACTING CITY CLERK
P.\Civil\Ordinance\Budget Adjustment Ordnance 4th Qtr Dec 2016. dccz
2 2015-2016 Budget Adjustment
Fourth Quarter Dec - 2016
Exhibit A
City of Kent
Budget Adjustment Ordinance
Adjustments December 2016
Previously Approval Total
Fund Title Adjustment
Approved Requested
Ordinance
General Fund
Excess B&O Rev-Trf to CRF
1,100,000
1,100,000
Total
- 1,100,000
1,100,000
Street Operating Fund
Transit Now 2016 Accrual
76,280
76,280
2016 Refunding Debt Service
119,320
119,320
Total
- 195,600
195,600
Capital Resources Fund
2016 Refunding Debt Service
1,139,260
1,139,260
Total
- 1,139,260
1,139,260
Non -Voted Debt Service Fund
2016 Refunding Debt Service
1,258,580
1,258,580
Total
- 1,258,580
1,258,580
Grand Total
- 3,693,440
3,693,440