Ordinance No. 2024-24 Adopting Biennial Budget for FY 2025-2026 (Approved 111224)Page 1 of 3
ORDINANCE NO. 2024–24
AN ORDINANCE of the City of Bainbridge Island, Washington,
adopting the final budget of the City for fiscal years ending December 31,
2025, and December 31, 2026.
WHEREAS, on September 6, 2024, in accordance with state law, the budget was
submitted to the City Manager with estimates of revenues and requests from all departments for
expenditures for the fiscal years ending December 31, 2025, and December 31, 2026; and
WHEREAS, the City Manager reviewed the estimates and made such changes and/or
additions as deemed appropriate, and on September 13, 2024, filed the preliminary budget with
the City Clerk; and
WHEREAS, the preliminary budget was presented to the City Council at a Council
meeting on September 17, 2024, and was discussed and considered subsequently by the Council
at several Council meetings in October 2024; and
WHEREAS, a public hearing was conducted concerning the preliminary budget on
October 8, 2024, for the purpose of providing information to, and hearing from, the public
regarding the estimates and programs contained in the preliminary budget, and at which hearing
all taxpayers were heard who appeared for or against any part of said budget; and
WHEREAS, the City Council, after hearing and duly considering relevant information
provided to the Council regarding the preliminary budget, and after making changes to the
preliminary budget as deemed necessary and proper, conducted a public hearing for
consideration of the final budget on November 12, 2024, and at which hearing all taxpayers were
heard who appeared for or against any part of said budget; and
WHEREAS, the City Council, after hearing and duly considering relevant information
and testimony presented, and after making changes to the proposed budget as deemed necessary
and proper, is prepared via this ordinance to adopt the final budget for fiscal years ending
December 31, 2025, and December 31, 2026.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF BAINBRIDGE
ISLAND, WASHINGTON, DOES ORDAIN AS FOLLOWS:
Section 1. The final budget for fiscal years ending December 31, 2025, and December
31, 2026, is hereby adopted in full. The entire budget document is to be placed on file with the
office of the City Clerk for public inspection.
Section 2. Attached hereto and identified as Exhibit A (2025) and Exhibit B (2026), in
summary form, are the totals of budgeted expenditures for each separate fund and the aggregate
totals for all such funds combined.
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Section 3. Because the amounts of revenues and expenditures to be recorded in the
Building & Development Services Fund are not clearly fixed, and because the Building &
Development Services Fund receives operating transfers from the General Fund, this budget
authorizes additional amounts to be spent from the Building & Development Services Fund and
to be covered by additional operating transfers from the General Fund, provided that the total
expenditures for these two funds shall be no more than the amount authorized by this ordinance.
Section 4. A complete copy of the final budget for fiscal years ending December 31,
2025, and December 31, 2026, 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 5. Severability. Should any section, paragraph, sentence, clause, or phrase of this
ordinance, or its application to any person or circumstance, be declared unconstitutional or
otherwise invalid for any reason, or should any portion of this ordinance be preempted by state
or federal law or regulation, such decision or preemption shall not affect the validity of the
remaining portions of this ordinance or its application to other persons or circumstances.
Section 6. This ordinance shall take effect on January 1, 2025.
PASSED by the City Council this 12th day of November 2024.
APPROVED by the Mayor this 12th day of November 2024.
Joe Deets, Mayor
ATTEST/AUTHENTICATE:
Christine Brown, MMC, City Clerk
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FILED WITH THE CITY CLERK: September 6, 2024
PASSED BY THE CITY COUNCIL: November 12, 2024
PUBLISHED: November 15, 2024
EFFECTIVE DATE: January 1, 2025
ORDINANCE NO.: 2024-24
Attachments: Exhibits A and B
CITY OF BAINBRIDGE ISLAND –2025 PROPOSED BUDGET
SUMMARY BY FUND
Exhibit A
ORDINANCE NO. 2024-24
2025 EXPENDITURES
001 GENERAL FUND 23,268,545
101 STREET FUND 4,298,356
103 REAL ESTATE EXCISE TAX FUND 2,528,953
104 CIVIC IMPROVEMENT FUND 400,000
108 AFFORDABLE HOUSING FUND 185,399
171 TRANSPORTATION BENEFIT FUND 1,100,000
173 TRANSPORTATION IMPACT FEE FUND -
201 GO BOND FUND 924,005
203 LID BOND FUND -
301 CAPITAL CONSTRUCTION FUND 8,724,299
401 WATER FUND 16,876,174
402 SEWER FUND 15,959,086
403 STORM & SURFACE WATER FUND 6,477,855
407 BUILDING & DEVELOPMENT FUND 3,527,045
501 EQUIPMENT RENTAL & REVOLVING FUND 820,000
85,089,717
CITY FUNDS
TOTAL EXPENDITURES
CITY OF BAINBRIDGE ISLAND –2026 PROPOSED BUDGET
SUMMARY BY FUND
Exhibit B
ORDINANCE NO. 2024-24
2026 EXPENDITURES
001 GENERAL FUND 24,074,471
101 STREET FUND 4,717,954
103 REAL ESTATE EXCISE TAX FUND 2,159,545
104 CIVIC IMPROVEMENT FUND 400,000
108 AFFORDABLE HOUSING FUND 190,896
171 TRANSPORTATION BENEFIT FUND 1,100,000
173 TRANSPORTATION IMPACT FEE FUND -
201 GO BOND FUND 909,545
203 LID BOND FUND -
301 CAPITAL CONSTRUCTION FUND 1,379,981
401 WATER FUND 4,655,143
402 SEWER FUND 6,152,156
403 STORM & SURFACE WATER FUND 9,747,374
407 BUILDING & DEVELOPMENT FUND 3,639,681
501 EQUIPMENT RENTAL & REVOLVING FUND 330,000
59,456,746
CITY FUNDS
TOTAL EXPENDITURES