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ORD 2005-43 2005 BUDGET AMENDMENTS ORDINANCE 2005-43 AN ORDINANCE OF THE CITY OF BAINBRIDGE ISLAND WASHINGTON AMENDING THE 2005 BUDGET OF THE CITY (ORDINANCE 2004-22) AND PROVIDING FOR USES NOT FORESEEN AT THE TIME THE 2005 BUDGET WAS ADOPTED. WHEREAS, on December 8, 2004, the City Council adopted the budget for 2005 by Ordinance 2004-22:; and WHEREAS, a number of situations have occurred during 2005 which required the City to expend money on items, projects and categories not included in the 2005 Budget; now, therefore, THE CITY COU1~CIL OF THE CITY OF BAINBRIDGE ISLAND, WASHINGTON, DO ORDAIN AS FOLLOWS: SECTION 1. Ordinance 2004-22 and the 2005 budget are each amended as shown on the the attached Exhibit A. SECTION 2. The City's Finance Director is authorized and directed by this ordinance to make the necessary changes to the 2005 Budget. The Finance Director is further directed to make sufficient interfund equity transfers from the appropriate funds to cover the added amounts authorized by this ordinance. SECTION 3. The Finance Director is authorized and directed to properly account for the Building and Development Services activities of the City and to transfer such expenditures as are appropriate under Generally Accepted Accounting Principles from the General Fund to the Building and Development Services Fund provided that such transfers do not authorize an increase in expenditures. The Finance Director is further directed to make sufficient interfund equity transfers from the General Fund to offset the expenditures transferred as directed by this Section. SECTION 4. The 2005 Budget appropriations shall be reduced by all amounts carried over from 2005 into 2006 (which are not included in Exhibit A). 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 and publication as required by law. PASSED by the City Council this 14th day of December, 2005. APPROVED by the Mayor this ] 4th day of December, 2005. / ,A / (I ' '-1' / (/~ ;d>t>~~~.v-(:' DARLENE KORDONOWY, Mayor \1 I J I \..../ ATTEST / AUTHENTICATE: Lr?~ SUSAN P. KASPER, City Clerk APPROVED AS TO FORM: PAUL McMURRAY, City Attorney FILED WITH THE CITY CLERK : PASSED BY THE CITY COUNCIL: PUBLISHED: EFFECTIVE DATE: ORDINANCE 2005-43 December], 2005 December 14,2005 December 21, 2005 December 26, 2005 EXHIBIT A ORDINANCE NO. 2005 - 43 AMENDING THE 2005 BUDGET BUDGET EXPENDITURES BY FUND (LESS CARRYOVER TO 2006) : FUND NO. FUND NAME EXPENDITURES 001 GENERAL FUND $11,242,249 101 STREETS FUND 3,089,301 103 REAL ESTATE EXCISE 0 104 HOTEL / MOTEL 63,075 108 AFFORDABLE HOUSING 423,400 201 G.O. BOND REGULAR LEVY 2,205,450 203 L.l.D. BOND FUND 0 301 CAPIT AL CONSTRUCTION FUND 7,169,600 302 L.l.D. CONSTRUCTION FUND 2,993,000 401 UTILITY FUND - WATER 2,090,493 402 UTILITY FUND - SEWER 7,685,216 403 UTILITY FUND - SSWM 2,654,194 407 BUILDING & DEVELOPMENT SERVICES 3,176,114 502 EQUIPMENT RENTAL 0 622+ MISC., TRUST, ETC. 0 ----------------- TOTAL BUDGETED EXPENDITURES: $42.792.091 CITY OF BAINBRIDGE ISLAND -- 2006 FINAL BUDGET EXHIBIT A ORDINANCE NO. 20015 - 37 ADOPTING THE 2006 BUDGET BUDGET RESOURCES AND EXPENDITURES BY FUND: FUND NO. FUND NAME EXPENDITURES 001 GENERAL FUND $15,945,089 101 STREETS FUND 2,736,789 103 REAL ESTATE EXCISE 0 104 HOTEL / MOTEL 60,000 108 AFFORDABLE HOUSING 219,400 201 G.O. BOND REGULAR LEVY 2,072,648 203 L.I.D. BOND FUND 0 301 CAPITAL CONSTRUCTION FUND 6,535,481 302 L.I.D. CONSTRUCTION FUND 0 401 UTILITY FUND - WATER 2,123,979 402 UTILITY FUND - SEWER 14,882,247 403 UTILITY FUND - STORM WATER 2,592,198 407 BUILDING & DEVELOPMENT SERVICES 2,737,857 502 EQUIPMENT RENTAL 0 49.905.688 TOTAL AVAILABLE TO THE CITY 1(j00 + AGENCY FUNDS 0 TOTAL EXPENDITURES $49.905.688