ORD 2000-44 2001 FINAL BUDGETORDINANCE NO. 2000-44
AN ORDINANCE OF THE CITY OF BAINBRIDGE ISLAND,
WASHINGTON ADOPTING THE FINAL BUDGET OF THE CITY
FOR THE FISCAL YEAR ENDING DECEMBER 31, 2001.
WHEREAS, on August 29, 2000, the Finance Director submitted to the Mayor
estimates of revenues and expenditures for the fiscal year ending December 31, 2001,
(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 8, 2000, filed said revised
preliminary budget ~vith the City Clerk, and this preliminary budget was presented to the
City Council at its regular meeting on November 8, 2000 and was discussed at its special
meetings on November 21, December 6, December 14, 2000, December 18, 2000 and
December 20, 2000 and regular meetings on November 29, 2000 and December 13, 2000;
and
WHEREAS, a public heating was held concerning the budget beginning
November 29, 2000 for the purpose of providing information to the public regarding the
estimates and programs contained in the preliminary budget and at which hearings 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 December
20, 2000, for the purpose of fixing a final budget 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, DOES
ORDAIN AS FOLLOWS:
SECTION 1. The final budget for the fiscal year 2001 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. 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 substantial operating transfers from the
Current Expense 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 Current Expense 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 2001, as adopted, together
with a copy of this ordinance shall be transmitted by the City Clerk of 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, 2001.
PASSED by the City Council this 20th of December 2000.
APPROVED by the Mayor this 21st day of December 2000.
XD~Wi~H~TSU,iTO~N,~MayorTM
ATTEST/AUTHENTICATE:
US~~P. KASPE&'R, City Cler'd~k
APPROVED AS TO FORM:
ROD P. KASEGUlVlA, City Attorney
FILED WITH THE CITY CLERK:
PASSED BY THE CITY COUNCIL:
PUBLISHED:
EFFECTIVE DATE:
ORDINANCE NO.:
November 16, 2000
December 20, 2000
December 27, 2000
January 1, 2001
2000-44
CITY OF BAINBRIDGE ISLAND -- 2001 FINAL BUDGET
EXHIBIT A
ORDINANCE NO. 2000 - 44
APPROVING THE 2001 BUDGET
BUDGET RESOURCES AND EXPENDITURES BY FUND:
FUND NO.
001
101
103
104
108
201
203
301
302
401
402
403
407
501
622+
FUND NAME
CURRENT EXPENSE FUND
STREETS FUND
REAL ESTATE EXCISE
HOTEL / MOTEL
AFFORDABLE HOUSING
G.O. BOND REGULAR LEVY
L.I.D. BOND FUND
CAPITAL CONSTRUCTION FUND
L.I.D. CONSTRUCTION FUND
UTILITY FUND - WATER
UTILITY FUND - SEWER
UTILITY FUND - STORM WATER
BUILDING & DEVELOPMENT SERVICES
SELF INSURANCE FUND
TOTAL AVAILABLE TO THE CITY
MISC., TRUST, ETC.
TOTAL RESOURCES / USES
RESOURCES/USES
$13,048,803
2,347,171
1,956,937
90,326
285,307
1,702,388
620,898
6,779,940
1,000,000
2,560,235
3,940,720
863,276
2,996,164
591,998
38,784,163
504,300
$39,288,463
ATTACHMENT TO
ORDINANCE 2000-44
CITY OF BAINBRIDGE ISLAND -- 2001 FINAL BUDGET
SUMMARY BY FUND -- 2001 BUDGET TOTALS
RECE I VED AT
DEC 2 0 2000
CITY COUNCIL
UND #
001
101
103
104
108
20I
203
301
302
401
402
403
407
501
ESTIMATED
BEGINNING
FUND BALANCE REVENUES
CURRENT EXPENSE $2,156,703 $10,792,100
STREETS 78,471 1,018,700
REAL ESTATE EXCISE 635,937 1,321,000
HOTEL / MOTEL 47,326 43,000
AFFORDABLE HOUSING 66,307 29,000
G O BOND 8,548 500
LID BOND 404,898 216,000
CAPITAL CONSTRUCTION 4,567,940 612,000
L.I.D. CAPITAL CONSTR'N 0 0
UTILITY - WATER *** 884,654 1,212,000
UTILITY - SEWER *** 1,946,897 1,310,000
UTILITY - STORM WTR *** 31,823 392,000
BUILDING & DEVEL SERVICES 16 I, 164 1,435,000
SELF INSURANCE 555,998 36,000
11,546,667 18,417,300
n/a 0
11,546,667 18,417,300
TOTAL AVAILABLE TO CITY:
622+ MISC. TRUST, ETC.
OVERALL TOTALS:
BUDGETED
NON-REV & EXPEND- NON-EXP& ENDING
TRANSFERS ITURES TRANSFERS BALANCE
$100,000 $7,254,714 $4,815,386 $978,703
1,250,000 2,304,822 0 42,349
0 0 1,817,954 138,983
0 40,000 0 50,326
i90,000 245,500 0 39,807
1,693,340 1,694,340 0 8,048
0 244,800 0 376,098
1,600,000 5,655,580 0 1,124,360
1,000,000 1,000,000 0 0
463,580 2,000,990 117,980 441,264
683,823 2,074,693 170,540 1,695,487
439,452 797,713 39,452 26,lll
1,400,000 2,834,330 0 161,834
0 41,500 0 550,498
8,820,196 26,188,982 6,961,313 5,633,868
504,300 504,300 n/a
9,324,496 26,188,982 7,465,613 5,633,868
*** NOTE: The balances shown for utilities represent total working capital instead of fund equity.
Correspondingly, expenses include capital pumhases and omit non-cash expenses.