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Home My WebLink About4451ORDINANCE NO. 4451 AN ORDINANCE of the City Council of the City of Kent, Washington, relating to budgets and finance and adopting the final 2023-2024 biennial budget. RECITALS A. Tax estimates and the preliminary budget for the City of Kent, Washington, for the 2023-2024 biennial years have been prepared and filed as provided by law, and the budget has been printed and distributed. B. Notice has been published in the official paper of the City of Kent setting the time and place for public hearings on the budget. The notice also stated that all taxpayers calling at the Office of the City Clerk would be furnished a copy of the 2023-2024 biennial budget. C. Public hearings were held on October 4, 2022, and October 18, 2022. NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON, DOES HEREBY ORDAIN AS FOLLOWS: ORDINANCE SECTION I. - Budc7et Adoption. Pursuant to RCW 35A.34.120, the budget for the 2023-2024 biennium, as summarized in Exhibit "A" and as 1 2023-2024 Biennia/ Budget Adoption Ordinance set forth in the 2023-2024 biennial Preliminary Comprehensive Budget, which is on file with the city clerk and 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 2023-2024 biennium. SECTION 2. - 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. - Budget Administration. City administration shall administer the biennial budget and may authorize expenditures, appropriations, and transfers pursuant to RCW 35A.34.200 and as otherwise provided by law. SECTION 4, - 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. SECTION 5. - Corrections by City Clerk or Code Reviser. Upon approval of the city attorney, the 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 lettering; or references to other local, state, or federal laws, code, or regulations. SECTION 6. - Effective Date. This ordinance shall take effect and be in force January 1, 2023, which is more than five days after its publication, as provided by law. 2 2023-2024 Biennia/ Budget Adoption Ordinance DANA RALPH, MAYOR ATTEST: e A KIMBERLEY AUOMOTO, APPRMED AS TO FORM: CLERK TAMY4f,IUHITE; CITY ATTORNEY 3 November 15, 2022 Date Approved November 15, 2022 Date Adopted November 18, 2022 Date Published 2023-2024 Biennial Budget Adoption Ordinance 2023-24 Biennial Budget Exhibit A 2023 Proposed 2024 Proposed Expenditures Expenditures Governmental Funds General Fund 115,783,520 119,336,150 Special Revenue Funds Street Operating Fund 21,142,650 21,112,910 LEOFFI Retiree Benefits Fund 1,581,160 1,612,800 Lodging Tax Fund 268,880 274,520 Youth /Teen Fund 1,049,920 1,076,330 Capital Resources Fund 33,710,900 35,106,530 Criminal Justice Fund 13,191,700 12,271,270 Human Services Fund 7,797,930 7,836,840 City Arts Program Fund 112,700 107,930 ShoWare Operating Fund 3,429,620 1,300,350 Debt Service Funds Non -Voted Debt Service Fund 8,259,280 7,813,060 Special Assessments Fund 207,840 198,030 Capital Projects Funds Street Capital Projects Fund 8,083,650 8,188,550 Parks Capital Projects Fund 5,105,010 5,297,530 Other Capital Projects Fund 1,300,730 1,000,180 Technology Capital Projects Fund 4,437,760 3,388,760 Facilities Capital Projects Fund 16,373,730 15,844,720 Proprietary Funds Enterprise Funds Water Fund 39,685,770 43,327,600 Sewer Fund 41,987,000 40,236,960 Drainage Fund 40,819,430 35,396,630 Solid Waste Fund 836,970 874,800 Golf Complex Fund 3,793,160 3,238,660 Internal Service Funds Fleet Services Fund 8,184,380 7,255,600 Central Services Fund Central Stores 375,610 383,670 Multimedia 1,069,090 1,119,250 Information Technology 11,828,630 12,472,820 Facilities Fund 8,436,730 8,468,970 Insurance Fund Unemployment 205,260 207,250 Workers Compensation 2,380,640 2,670,670 Health and Employee Wellness 15,893,380 16,530,970 Liability Insurance 4,610,190 5,058,720 Property Insurance 914,090 1,001,100 Fiduciary Funds Firefighters Pension Fund 395,230 395,360 Impact Fee Trust Fund 4,150,840 4,254,610 Total Gross Budget 427,403,380 424,660,100 2023-24 Biennial Budget Exhibit B 2023 2023 2024 2024 Revenues Expenditures Revenues Expenditures Governmental Funds General Fund 115,388,650 115,783,520 116,249,370 119,336,150 Special Revenue Funds Street Operating Fund 20,935,310 21,142,650 21,255,480 21,112,910 LEOFF1 Retiree Benefits Fund 1,289,890 1,581,160 1,310,470 1,612,800 Lodging Tax Fund 280,260 268,880 285,830 274,520 Youth /Teen Fund 1,049,920 1,049,920 1,076,330 1,076,330 Capital Resources Fund 27,447,170 33,710,900 26,828,450 35,106,530 Criminal Justice Fund 10,298,340 13,191,700 12,078,290 12,271,270 Human Services Fund 7,797,930 7,797,930 7,836,840 7,836,840 City Arts Program Fund 112,700 112,700 107,930 107,930 ShoWare Operating Fund 1,150,000 3,429,620 1,150,000 1,300,350 Debt Service Funds Non -Voted Debt Service Fund 7,558,440 8,259,280 7,401,000 7,813,060 Special Assessments Fund 215,940 207,840 205,250 198,030 Capital Projects Funds Street Capital Projects Fund 8,091,880 8,083,650 8,196,790 8,188,550 Parks Capital Projects Fund 5,162,310 5,105,010 5,359,060 5,297,530 Other Capital Projects Fund 1,309,250 1,300,730 1,009,250 1,000,180 Technology Capital Projects Fund 4,410,750 4,437,760 3,361,070 3,388,760 Facilities Capital Projects Fund 16,398,580 16,373,730 15,870,850 15,844,720 Proprietary Funds Enterprise Funds Water Fund 38,832,630 39,685,770 41,385,930 43,327,600 Sewer Fund 40,468,820 41,987,000 40,277,700 40,236,960 Drainage Fund 36,436,680 40,819,430 34,339,640 35,396,630 Solid Waste Fund 726,670 836,970 744,780 874,800 Golf Complex Fund 4,186,720 3,793,160 3,609,396 3,238,660 Internal Service Funds Fleet Services Fund 8,206,270 8,184,380 7,118,200 7,255,600 Central Services Fund Central Stores 370,960 375,610 378,820 383,670 Multimedia 1,065,680 1,069,090 1,114,770 1,119,250 Information Technology 11,828,630 11,828,630 12,472,820 12,472,820 Facilities Fund 7,766,370 8,436,730 7,877,020 8,468,970 Insurance Fund Unemployment 168,370 205,260 168,370 207,250 Workers Compensation 1,761,030 2,380,640 2,105,970 2,670,670 Health and Employee Wellness 16,286,430 15,893,380 16,726,410 16,530,970 Liability Insurance 4,007,230 4,610,190 5,201,850 5,058,720 Property Insurance 940,320 914,090 1,033,850 1,001,100 Fiduciary Funds Firefighters Pension Fund 378,380 395,230 387,250 395,360 Impact Fee Trust Fund 4,150,840 4,150,840 4,254,610 4,254,610 Total Gross Budget 406,479,350 427,403,380 408,779,646 424,660,100