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HomeMy WebLinkAboutReg 2003-12-15 Item 6A - Ordinance - Amend 2003 BudgetCAS Number. 03-160 Agenda Item Title: 2003 Proposed Budget Amendments Original Sponsor: Council Admin. Timeline: Sponsor's Summary: Meeting Date 12/8/03 Meeting Date 12/8/03 12/15/03 COL "VCIL AGENDA Sr rOPSIS Initials 1 Meeting Date Prepared by 1 Mayor's review! Council review I 12/8/03 ARD 1 j ,-2 1 _Cfr C. 1 12/15/03 1 1 fC'S' 1 %7:4:5 #4 :9 X Original Agenda Date: 12/8/03 ITEM No. 6 a Approve at Regular December 15, 2003 meeting. Attached are four additional budget amendments to match the revised budget with actual activity. Recommendations: Sponsor: Approve as submitted Committee: Finance Safety Conunittee on December 1, 2003 Send forward Administration: Same as sponsor Cost Impact (if known): See attached Ordinance I Fund Source (if known): See attached Ordinance Consensus existed to Action forward to 12/15/03 Regular Meeting Attachments Staff report dated December 3, 2003 Proposed 2003 Budget Amendment Ordinance Finance Safety Committee meeting minutes dated December 1, 2003 Ordinance (final format) City of Tukwila Washington Ordinance No. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF TUICWILA, WASHINGTON, AMENDING THE 2003 BUDGET ADOPTED BY ORDINANCE NO. 2008 AND AMENDED BY ORDINANCE NOS. 2022 AND 2032, PROVIDING FOR UNANTICIPATED REVENUES AND EXPENDITURES IN THE HOTEL/MOTEL TAX, VALLEY NARCOTICS ENFORCEMENT TEAM (VNET), EQUIPMENT RENTAL, AND INSURANCE FUNDS, PROVIDING FOR SEVERABILITY; AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS, the City finds it necessary to budget for loans made to the Hotel /Motel Tax Fund by the General and Arterial Street Funds; and make payment to Key Bank upon expiration of loan; and WHEREAS, the Valley Narcotics Enforcement Team (VNET) Fund received increased revenues from state and federal sources, which were used to repay VNET cities for personnel contributions; and WHEREAS, both revenues and expenditures must be increased or changed to reflect actual activity for 2003 in the Equipment Rental and Insurance Funds; NOW, THEREFORE, THE CTTY COUNCIL OF THE CITY OF TUICWILA, WASHINGTON, DO ORDAIN AS FOLLOWS: Section 1. The following program categories in the 2003 budget, as adopted by Ordinance No. 2008 and amended by Ordinance Nos. 2022 and 2032, are hereby amended to read as follows: HOTEL /MOTEL TAX FUND —101 Revenues: Loans Received 381 100 00 $1,350,00Q Loans from General and Arterial Street Funds Expenditures: Anticipation Notes/ Warrants 591 950 70 $1,450,000 Estimated Ending Unres. Fund Balance 291 840 00 (100.0001 Total Expenditures a't.5n VALLEY NARCOTICS ENFORCEMENT TEAM (VNET) FUND —102 Revenues: Seized Assets State 369 301 $60,000 Seized Assets Federal 369 302 40,000 Total Revenues $1 nosing Expenditures: Cities Professional Services 521 210 50 $100,000 EQUIPMENT RENTAL FUND 501 -02 Expenditures: Machinery Equipment 594 480 60 $60,000 Estimated Ending Working Capital 293 800 00 (60.0001 Net Change n INSURANCE FUND 502 Revenues: Trust Contributions Employer 366 500 00 00 0 0 Expenditures: Self Insured Medical Dental 512 370 20 $400,00Q Budget Amendment 200312/11/03 1 Section 2. Ordinance No. 2008, as amended by Ordinance Nos. 2022 and 2032, is hereby amended by revising the summary of totals of estimated revenues and appropriations and the aggregate total to reflect the foregoing increases in revenues and appropriations as set forth in Section 1 of this ordinance. Section 3. The Finance Director is hereby authorized and instructed to effectuate the necessary changes in the 2003 budget, and to make all necessary and appropriate line item entries and adjustments in order to reflect the increases to revenues and appropriations as set forth in this ordinance. Section 4. Severability. If any section, subsection, paragraph, sentence, clause or phrase of this ordinance or its application to any person or situation should be held to be invalid or unconstitutional for any reason by a court of competent jurisdiction, such invalidity or unconstitutionality shall not affect the validity or constitutionality of the remaining portions of this ordinance or its application to any other person or situation. Section 5. Effective Date. This ordinance or a summary thereof shall be published in the official newspaper of the City, and shall take effect and be in full force and effect five (5) days after passage and publication as provided by law. PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a Regular Meeting thereof this day of 2003. ATTEST /AUTHENTICATED: Jane E. Cantu, CMC, City Clerk APPROVED AS TO FORM BY: Office of the City Attorney Steven M. Mullet. Mayor Filed with the City Clerk: Passed by the City Council: Published: Effective Date: Ordinance Number: Budget Amendment 200312/11/03 2