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ORD 2008-31 2008 BUDGET AMENDMENTSORDINANCE 2008-31 AN ORDINANCE ' OF THE CITY OF BAINBRIDGE ISLAND WASHINGTON AMENDING THE 2008 BUDGET OF THE CITY (ORDINANCE 2007-38) AND PROVIDING FOR USES NOT FORESEEN AT THE TIME THE 2008 BUDGET WAS ADOPTED. WHEREAS, on December 12, 2007, the City Council adopted the budget for 2008 by Ordinance 2007-38; and WI IEREAS, a number of situations have occurred during 2008 which required the City to expend money on items, projects and categories not included in the 2008 Budget; now, therefore, TIIE CITY COUNCIL OF THF, CITY OF BAINBRIDGE ISLAND, WASHINGTON, DO ORDAIN AS FOLLOWS: SECTION 1. Ordinance 2007-38 and the 2008 budget are each amended as shown on 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 2008 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 and the SSWM Fund provided that such transfers do not authorize an increase in expenditures. SECTION 4, The 2008 Budget appropriations shall be reduced by all amounts carried over from 2008 into 2009 (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 20' day of November 2008. APPROVED by the Mayor this 281" day of November 2008 DARLENE KORDONOWY, Mayor ATTEST/ AUTI IE_.NTICATE: -60-"cc-P'. Va6')4&= -- ROSALIND D. LASSOFF, City Clerk FILED WITH THE CITY CLERK: November 18, 2008 PASSED BY THE CITY COUNCIL: November 24, 2008 PUBLISHED: December 6, 2008 EFFECTIVE DATE: December 11, 2008 ORDINANCE: NO: 2008-31