ORD NO. 2014-33 ADOPTING THE 2015-2016 BUDGETORDINANCE NO. 2014-33
AN ORDINANCE of the City of Bainbridge Island, Washington
adopting the final budget of the City for fiscal years ending
December 31, 2015 and December 31, 2016.
WHEREAS, on September 10, 2014 the budget was submitted to the City Manager with
estimates of revenues, and requests from all departments for expenditures for the fiscal year
ending December 31, 2015 (these dates being prior to the dates required by law); and
WHEREAS, the City Manager reviewed the estimates and made such changes and /or
additions as he deemed appropriate, and on September 23, 2014, filed the revised preliminary
budget with the City Clerk, and
WHEREAS, this preliminary budget was presented to the City Council at a City Council
meeting on September 23, 2014, and was discussed at City Council meetings on October 7,
14, 21, 28 and November 4, 2014; and
WHEREAS, a public hearing was held concerning the budget on October 28, 2014 for the
purpose of providing information to 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 met regarding the proposed budget on November 10, 2014,
for the purpose of adopting a final budget for 2015 and a budget for 2016 and at which
meeting the City Council made such changes as it deemed necessary and proper; now,
therefore:
THE CITY COUNCIL OF THE CITY OF BAINBRIDGE ISLAND, WASHINGTON
DOES ORDAIN AS FOLLOWS:
Section 1. The final budget for the fiscal year 2015 is hereby adopted in full, and the budget
for the fiscal year 2016 is adopted. 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 (2015) and Exhibit B (2016) in
summary form, are the totals of budgeted expenditures for each separate fund and the
aggregate totals for all such funds combined.
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 2015, as adopted, and the final budget for
2016, 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. This ordinance shall take effect on January 1, 2015.
PASSED by the City Council this 10th day of November 2014.
APPROVED by the Mayor this 10th day of November 2014.
Anne S. Blair, Mayor
ATTEST /AUTHENTICATE:
Rosalind D. Lassoff, City Clerk
FILED WITH THE CITY CLERK: September 23, 2014
PASSED BY THE CITY COUNCIL: November 10, 2014
PUBLISHED: November 14, 2014
EFFECTIVE DATE: January 1, 2015
ORDINANCE NO.: 2014 -33
2
CITY OF BAINBRIDGE ISLAND - 2015 CITY COUNCIL BUDGET
Exhibit A SUMMARY BY FUND
ORDINANCE NO. 2014 -33
ADOPTING THE 2015 BUDGET
CITY FUNDS
2015
EXPENDITURES
001
GENERAL FUND
18,892,257
101
STREET FUND
3,417,122
103
REAL ESTATE EXCISE TAX FUND
1,300,000
104
CIVIC IMPROVEMENT FUND
135,000
108
AFFORDABLE HOUSING FUND
179,160
201
GO BOND FUND
2,692,159
203
LID BOND FUND
52,699
301
CAPITAL CONSTRUCTION FUND
6,832,000
401
WATER OPERATING FUND
2,022,670
402
SEWER OPERATING FUND
4,806,339
403
STORM & SURFACE WATER FUND
2,151,902
407
BUILDING & DEVELOPMENT FUND
2,027,855
TOTAL EXPENDITURES 44,509,162
CITY OF BAINBRIDGE ISLAND - 2016 CITY COUNCIL BUDGET
Exhibit B SUMMARY BY FUND
ORDINANCE NO. 2014 -33
ADOPTING THE 2016 BUDGET
CITY FUNDS
2016
EXPENDITURES
001
GENERAL FUND
16,409,257
101
STREET FUND
2,825,976
103
REAL ESTATE EXCISE TAX FUND
2,198,794
104
CIVIC IMPROVEMENT FUND
135,000
108
AFFORDABLE HOUSING FUND
180,784
201
GO BOND FUND
2,650,500
203
LID BOND FUND
51,032
301
CAPITAL CONSTRUCTION FUND
2,670,000
401
WATER OPERATING FUND
1,255,056
402
SEWER OPERATING FUND
3,754,838
403
STORM & SURFACE WATER FUND
2,216,648
407
BUILDING & DEVELOPMENT FUND
2,039,369
TOTAL EXPENDITURES 36,387,255