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ORD 88-25 ADOPTING FINAL BUDGET FOR 1989 ORDINANCE NO. 88- 25 AN ORDINANCE OF THE CITY OF WINSLOW, p~SHINGTON, ADOPTING THE FINAL BUDGET OF YHE CITY FOR ~HE FISCAL YEAR COMMENCING JANUARY 1, 1989. WHEREAS, on or before the first business day in the third month prior to the beginning of the fiscal year of 1989, the City Clerk suhnitted to the Mayor the estimates of revenues and expenditures for the next fiscal year as required by law, and WHEREAS, the Mayor reviewed the estimates and made such revisions and/or additions as deemed advisable and prior to sixty days before January 1, 1989, filed the said revised preliminary budget with the City Clerk together with a budget message, as recc~mendation for the final budget, and WHEREAS, the City Council scheduled hearings on the preliminary budget for the purpose of providing information regarding estimates and programs, and ~EREAS, the City Council did meet on December 1, 1988., which was on or before the first Monday of the month next preceeding the beginning of the ensuing fiscal year, for the purpose of fixing a final budget at which hearing all taxpayers were heard who appeared for or against any part of said budget, and WHEREAS, following the conclusion of said hearing ~he City Council made such adoptions and changes as it deemed necessary and proper, now, therefore, THE CITY COUNCIL OF THE CITY OF WINSLOW, WASHINGTON, DO ORDAIN AS FOLLOWS: Section 1. The final budget for the fiscal year 1989, three copies of which have been and now are on file 'with the office of the City Clerk, by this reference is hereby incorporated herein as if set forth in full and said final budget shall be and the same is hereby adopted in full. Section 2. Attached hereto and identified as Exhibit A, in summary form, are the totals of estimated revenues and appropriations for each separate fund and the aggregate totals for all such funds combined, and by this reference said Exhibit A is incorporated herein as if set forth in full. Section 3. A cGmplete copy of ~he final budget for 1989, as adopted, together with a copy of this adopting ordinance shall be transmitted by the City Clerk to the Division of Municipal Corporations of the office of the State Auditor and to the Association of Washington Cities. Section 4. This ordinance shall take effect January 1, 1989. ATTEST/AUTHENTICATE: ALICE B. T~ESEY JEAN BUXTON, Clerk/Trea urer PASSED BY THE CITY COUNCIL: December 15, 1988 PUBLISHED: December 21, 1988 EFFECTIVE DATE: December 26, 1988 ORDINANCE NO. 88-25 EXHIBIT A 1989 BUDGET REVENUE EXPENDITURES 001 CURRENT EXPENSE FUND $ 1,135,005 1,135,005 101 STREETS FUND 396,002 396,002 201 GENERAL OBLIGATION BOND FUND 219,919 219,919 401 UTILITIES FUND 2,371,840 2,371,840 402 BOND REDEMPTION & RESERVE FUND 517,122 517,122 501 SELF INSURANCE FUND 71,789 71,789 $ 5,764,037 5,764,037 TOTAL.BUDGET Revenues and appropriations total include beginning and end fund balances.