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ORD NO. 2017-27 AMENDING THE 2017 BUDGET FOR USES NOT FORESEENORDINANCE NO. 2017-27 AN ORDINANCE of the City of Bainbridge Island, Washington, amending the 2017 Budget of the City and providing for uses not foreseen at the time the 2017 Budget was adopted. WHEREAS, on November 22, 2016, the City Council adopted the budget for 2017 through Ordinance No. 2016-25; and WHEREAS, situations have occurred during 2017 which require the City to expend money on items, projects, and categories not included in the 2017 Budget. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF BAINBRIDGE ISLAND, WASHINGTON, DOES ORDAIN AS FOLLOWS: Section 1. Ordinance No. 2016-25 and the 2017 Budget and 2017-2022 Capital Improvement Plan 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 2017 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. Section 4. This ordinance shall take effect and be in force five days from and after its passage and publication as required by law. PASSED by the City Council this 12t" day of December, 2017. APPROVED by the Mayor this 12"' day of December; 2017. r �n Val Tollefson, May ` Page 1 of 3 ATTEST 1 AUTHENTICATE: a kr�istine Brown, [ y Clerk, FILED WITH THE CITY CLERK: November 29, 2017 PASSED BY THE CITY COUNCIL: December 12, 2017 PUBLISHED: December 15, 2017 EFFECTIVE DATE: December 20, 2017 ORDINANCE NO: 2017-27 Exhibit A — Final Budget Adjustments Page 2 of 3 Exhibit A SUBJECT DESCRIPTION FUND/ AMOUNT Change to Ongoing Deoartment Annrooriation Sound to This Item amends the CIP and General $ 160,000 Increase No Olympics Trail increases the projectbudgetto Fund/Public Warks Phases 2 and 4 support ongoing costs associated with the pilings. Madrona This item increases the project Sewer Fund / $ 40,000 Increase No Townhomes / budget for the Madrona Townhomes Public Works Henshaw Lane Sewer extension projectto bringthe Sewer Project budget into alignment with expected costs. Wardwell Road This item increases theproject General Fund/PW $ 35,000 Increase No Dra i nage a nd budget and amends the CIP for the SSWM Fund/PW $ 35,000 Reconstruction Wardwell Road Reconstruction and Project Drainage Improvement projectto bringthe budget into alignment with the bid received and approved. Per City Council approval on August 22, 2017. Cultural This item increases spending General Fund/ $ 29,000 Increase No Funding authority to provide consulting Executive Process services from The Giving Support Practice/Philanthropy Northwestto support and facilitate the Cultural Funding award cycle for 2018-2019. Per CityCouncil approval on July 11, 2017. Real Estate This item increases appropriation REET/Finance $ 700,000 Increase No Excise Tax Fund authority in the Real Estate Excise Appropriation Fund in alignmentwith current Authority revenue estimates. The original budgeted revenue for 2017 was $2.6 million. Something New This item authorizes spending from General Fund- $ 26,000 Increase No Art Project the Public ArtSubfund for the Public Art "Something New" program. Per City Subfund/Public Council approval on October 10, Works 2017 Page 3 of 3