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ORD 95-56 AMENDING 1995 BUDGET ORDINANCE 95 - 56 AN ORDINANCE OF THE CITY OF BAINBRIDGE ISLAND AMENDING THE 1995 BUDGET OF THE CITY (ORDINANCE 94-27) AND PRO- VIDING FOR USES NOT FORESEEN AT THE TIME THE 1995 BUDGET WAS ADOPTED. WHEREAS, on December 15, 1994, the City Council adopted the budget for 1995 by Ordinance 94-27; and · WHEREAS, on July 6, 1995, the City Council amended the budget for 1995 by Ordinance 95-29, and again on September 21, 1995 by Ordinance 95-37; and WHEREAS, additional situations have occurred during 1995 subsequent to the passage of Ordinance 95-29 which required the City to expend money on items, projects and categories not included in the 1995 Budget, aS amended; and WHEREAS, in response to those situations, the City Council and/or a committee of the City Council has expressed its desire by motion to authorize the expenditure of City funds for those items, projects and categories; now, therefore, THE CITY COUNCIL OF THE CITY OF BAINBRIDGE ISLAND, WASHINGTON, DO ORDAIN AS FOLLOWS: SECTION 1. Ordinance No. 94-27, No. 95-29, No. 95-37 and the 1995 budget are each amended as shown on the attached Exhibit A and its further attachment. SECTION 2. The City's Finance Director is authorized and directed by this ordinance to make the necessary changes to the 1995 Budget. The Finance Director is further directed to make sufficient interfund equity transfers from the Current Expense Fund to cover the added amounts authorized by this ordinance. SECTION 3. The Finance Director shall have the discretion to post expendi-' tures budgeted in the streets fund instead to the Real Estate Excise Tax Fund No. 103 and/or the Equipment Acquisition Fund No. 105 provided money is available in Funds 103 and 105 and further provided that the expenditures changed against those funds meet the legal tests for all expenditures charged to these restricted funds. SECTION 4. Any acts made consistent with the authority of and prior to the effective date of this ordinance are ratified and confirmed. SECTION 5. A copy of this ordinance shall be transmitted to the Division of Municipal Corporations in the Office of the Washington State Auditor and to the Association of Washington Cities. SECTION 6. This ordinance shall take effect and be in force five days from and after its passage, approval, publication and posting as required by law. PASSED by the City Council this 21st day of December, 1995. APPROVED by the Mayor this 22nd day of December, 1995. ATTEST / AUTHENTICATE: JANET K. WEST, Mayor APPROVED AS TO FORM: ROD P. KASEGUMA, City Attorney FILED WITH THE CITY CLERK: PASSED BY THE CITY COUNCIL: PUBLISHED: POSTED: EFFECTIVE DATE: ORDINANCE 95 - 56 December 5, 1995 December 21, 1995 December 23, 1.995 December 23, 1995 December 28, !995 EXHIBIT A ORDINANCE NO. 95 - 29 AMENDING THE 1995 BUDGET BUDGET 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. TOTAL BUDGETED EXPENDITURES: EXPENDITURES $6,929,373 1,438,077 1,057,836 50,000 1,168,762 456,720 148,157 1,001,823 1,421,486 417,233 1,096,984 1,233,666 183,678 0 $16,603,794 C 0 Z Z \ m mo .-]