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ORD 93-49 ADOPT FINAL BUDGETCITY OF BAINBRIDGE ISLAND — — 1994 FINAL BUDGET ORDINANCE 93 - 49 AN ORDINANCE OF THE CITY OF BAINBRIDGE ISLAND ADOPTING THE FINAL BUDGET OF THE CITY FOR THE FISCAL YEAR ENDING DECEMBER 31, 1994. WHEREAS, on September 24, 1993, the Finance Director submitted to the Mayor estimates of revenues and expenditures for the fiscal year ending December 31, 1994 (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 November 1, 1993 (the date required by law), 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 18, 1993, and WHEREAS, the City Council met on November 18, 1992, reviewed the preliminary budget and scheduled hearings thereon beginning on December 6, 1993, 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 6, 1993, 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 1994 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 1994, 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, 1994. PASSED by the City Council this 16th day of December, 1993. APPROVED by the Mayor this 17th day of December, 1993. ATTEST/AUTHENTICATE: Z'J 0-k4.'2� USAN P. KASPER, City Clerk APPROVED AS TO FORM: ROD P. KASEGUMA, City Attorney FILED WITH THE CITY CLERK: PASSED BY THE CITY COUNCIL PUBLISHED: POSTED: EFFECTIVE DATE: ORDINANCE 93 — 49 SAM J. ATO, Mayor November 1, 1993 December 16, 1993 December 22, 1993 December 22, 1993 January 1, 1994 EXHIBIT A ORDINANCE NO. 93 - APPROVING THE 1994 BUDGET BUDGET RESOURCES AND EXPENDITURES BY FUND: FUND NO. FUND NAME RESOURCES / USES 001 CURRENT EXPENSE FUND $6,623,169 101 STREETS FUND 1,867,969 103 REAL ESTATE EXCISE 1,133,066 105 EQUIPMENT ACQUISITION FUND 133,228 110 GRANTS FUND 1,059,314 201 G.O. BOND REGULAR LEVY 623,462 203 L.I.D. BOND FUND 316,182 301 L.I.D. CONSTRUCTION FUND 3,547,645 401 UTILITY FUND 2,094,600 402 REVENUE BOND FUND 504,122 403 UTILITY CONSTRUCTION FUND 3,237,269 404 UTILITY CAPITAL IMPROVEM'T FUND 3121018 501 SELF INSURANCE FUND 5149883 622+ MISC., TRUST, ETC. 366,071 $22,332,999 ATTACHMENT TO BAINBRIDGE ISLAND -- 1994 FINALBUDGET ORDINANCE93-49 SUMMAR Y BY FUND -- 1994 BUDGET TOTALS FUND # FUND 001 CURRENT EXPENSE 101 STREETS 103 REAL ESTATE EXCISE 105 EQUIPMENT ACQUISITION 110 GRANTS 201 G O BOND 203 LID BOND 301 LID CONSTRUCTION 401 UTILITY * * 402 REVENUE BOND 403 UTILITY CONSTRUCYN ** 404 UTILITY CAPITAL ** 501 SELF INSURANCE 622+ MISC. TRUST, ETC. 725,400 TOTALS: ESTIMATED BUDGETED BEGINNING NON -REV & EXPEND- NON -EXP & ENDING BALANCE REVENUES TRANSFERS ITURES TRANSFERS BALANCE $1,0251294 $5,597,876 $5,120,351 $1,085,723 $417,095 968,043 699,926 200,000 1,122,824 169,692 575,453 725,400 407,666 300,000 773,298 59,768 129,270 3,958 739318 59,910 106,615 680,565 272,133 895,465 163,849 25,755 1,174 596,534 597,034 26,429 33,162 65,052 217,969 80,375 235,807 156,184 4,878 3,386,583 1,635,602 1,851,417 60,626 94,778 1,499,821 500,000 1,465,538 257,185 371,877 284,647 13,090 206,385 206,985 2979137 1,3159366 70,486 1,851,417 229,764 960,407 2,047,098 0 18 312,000 311,200 818 264,210 13,125 237,548 195,571 319,312 106,182 4,888 255,000 255,000 ------ 111,071 ------ ------ 5,234,906 ------ 9,062,524 ------ 8,035,569 ------ 12,234,026 5,352,722 4,746,251