ORD 92-45 ADOPT FINAL BUDGET 1993ORDINANCE No. 92 - 45
AN ORDINANCE OF THE CITY OF BAINBRIDGE ISLAND ADOPTING
THE FINAL BUDGET OF THE CITY FOR THE FISCAL YEAR ENDING
DECEMBER 31, 1993.
WHEREAS, on September 8, 1992, the Finance Director submitted to
the Mayor estimates of revenues and expenditures for the fiscal year ending
December 31, 1993 (this date being prior to the date required by law); and
WHEREAS, the Mayor reviewed the estimates and made such changes
and/or additions as he deemed appropriate, and on October 30, 1992, filed
said revised preliminary budget with the City Clerk together with a budget
message, and this preliminary budget and message was presented to the
Finance Committee of the City Council at a special meetings prior to
November 19, 1992, and
WHEREAS, the City Council met on November 19, 1992, reviewed the
preliminary budget and scheduled hearings thereon beginning on December 3,
1992, for the purpose of providing information to the public regarding the
estimates and programs contained in the preliminary budget; and
WHEREAS, the City Council held a final hearing on the proposed
budget on December 3, 1992, for the purpose of fixing a final budget and 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, the City
Council made such changes as it deemed necessary and proper; now, therefore,
THE CITY COUNCIL OF THE CITY OF BAINBRIDGE ISLAND,
WASHINGTON, DO ORDAIN AS FOLLOWS :
SECTION 1. The final budget for the fiscal year 1993 is hereby adopted
in full. Three copies of the entire budget document are to be placed on
file with the office of the City Clerk for public inspection.
SECTION 2. Attached hereto and identified as Exhibit A, in summary
form, are the totals of budgeted resources and uses for each separate fund
and the aggregate totals for all such funds combined.
SECTION 3. A complete copy of the final budget for 1993, as adopted,
together with a copy of this 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 on January 1, 1993.
PASSED by the City Council this 17th day of December, 1992.
APPROVED by the Mayor this 18th day of December, 1992.
ATTEST/AUTHENTICATE:
RALPH W. EELLS, Clerk/Treasurer
APPROVED AS TO FORM:
ROD P. KASEGUMA, City Attorney
FILED WITH THE CITY CLERK: December 18, 1992
PASSED BY THE CITY COUNCIL: December 17, ~ 992
PUBLISHED: December 23, 1992
POSTED: December 23, 1992
EFFECTIVE DATE: December ZS, 199E
ORDINANCE 92 - 45
EXHIBIT A
ORDINANCE NO. 92 -
APPROVING THE 1993 BUDGET
BUDGET RESOURCES AND EXPENDITURES BY FUND:
FUND NO.
001
101
103
105
110
201
203
301
401
402
403
404
501
622+
FUND NAME
CURRENT EXPENSE FUND
STREETS FUND
REAL ESTATE EXCISE
EQUIPMENT ACQUISITION FUND
GRANTS FUND
G.O. BOND REGULAR LEVY
L.I.D. BOND FUND
L.I.D. CONSTRUCTION FUND
UTILITY FUND
REVENUE BOND FUND
UTILITY CONSTRUCTION FUND
UTILITY CAPITAL IMPROVEM'T FUND
SELF INSURANCE FUND
MISC., TRUST, ETC.
RESOURCES / USES
$6,091,936
2,100,960
531,154
263,314
419,874
635,936
169,159
3,055,212
2,912,449
1,035,326
2,233,975
326,667
415,080
145,752
$20,336,794