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ORD 2008-30 2009 BUDGET ENDORSED 2010 FINAL BUDGETORDINANCE NO. 2008-30 AN ORDINANCE OF THE CITY OF BAINBRIDGE ISLAND, WASHINGTON ADOPTING THE FINAL BUDGET OF THE CITY FOR FISCAL YEAR ENDING DECEMBER 31, 2009 AND ENDORSING THE FINAL BUDGET OF THE CITY FOR THE FISCAL YEAR ENDING DECEMBER 31, 2010 WHEREAS, on September 10, 2008, the Finance Director submitted to the Mayor estimates of revenues and all departments submitted requests for expenditures for the fiscal year ending December 31, 2009; and WHEREAS, The Mayor reviewed the estimates and made such changes and/or additions as deemed appropriate, and on October 1, 2008, filed said revised preliminary budget with the City Clerk, and this preliminary budget was presented to the City Council at a special City Council meetings on October 1, and was discussed at special City Council meetings on October 15, 29, November 5, 19, 24, December 3, 2008 and at a regular City Council meeting on December 10, 2008; and WHEREAS, a public hearing was held concerning the budget on November 24, 2008, and December 10, 2008 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 will be heard who appear for or against any part of said budget; and WHEREAS, the City Council met regarding the proposed budget on December 17, 2008 for the purpose of fixing a final budget for 2009 and endorsing a final budget for 2010 and at which meeting the City Council made such changes as it deems 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 2009 is hereby adopted in full and the final budget for the fiscal year 2010 is endorsed. 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 (2009) and Exhibit B (2010) in summary form, are the totals of budgeted expenditures for each separate fund and the aggregate totals for all such funds combined. SECTION 3. The Mayor/Administration may authorize transfers of budget authority within a department as needed but may not transfer budget authority from one department to another without the prior approval of the City Council. SECTION 4. 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 5. A complete copy of the final budget for 2009, as adopted, and the final budget for 2010, as endorsed, 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 6. This ordinance shall take effect on January 1, 2009. PASSED by the City Council this 17`h day of December, 2008. APPROVED by the Mayor this 17`h day of December, 2008. ATTEST/AUTHENTICATE: ROSALIND LASSOF , City Clerk FILED WITH THE CITY CLERK: PASSED BY THE CITY COUNCIL PUBLISHED: EFFECTIVE DATE: ORDINANCE NO.: i November 12, 2008 December 17, 2008 December 24, 2008 January 1, 2009 2008-30