HomeMy WebLinkAboutReg 2003-10-20 Item 7B - Ordinance - Amend 2003 BudgetRecommendations:
Sponsor:
Committee:
Administration:
Cost Impact (if known):
I Fund Source (if known):
Meeting Date
10/13/03
Meeting Date
10/13/03
10/20/03
1
CAS Number: 03-128
Agenda Item Title:
Original Sponsor:
Timeline:
Sponsor's Summary:
COUNCIL AGENDA Sr DPSIS
Meeting Date
10/13/03
10/20/03
Ordinance. Final format.
Prepared by
ARD
ARD
Initials
1 Mayor's review 1 Council review
I its" I 1.-S L,
1 AAJL 1 .CSVC_
1
ag I Original Agenda Date: 10/13/03
Ordinance amending the 2003 Budget
Council Admin.
X
Approve at October 20, 2003 Regular Meeting
Amends budget for previous motions to increase budget expenditures along with several other
proposed changes.
Approve as submitted
Finance Safety Committee approved at October 6, 2003 meeting.
Same as sponsor
See Attached
See Attached
ITEMNO.
Action
Discussed. No objections. Consensus existed to forward the item to the
October 20 Regular meeting for action.
A
Attachments
Proposed Ordinance amending 2003 Budget
Staff report dated October 2, 2003
Minutes from the October 6, 2003 Finance Safety Committee meeting
City of Tukwila
Washington
Ordinance No.
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF TUKWILA,
WASHINGTON, AMENDING THE 2003 BUDGET ADOPTED BY ORDINANCE
NO. 2008, PROVIDING FOR UNANTICIPATED REVENUES, EXPENDITURES
AND TRANSFERS IN THE GENERAL, VALLEY NARCOTICS ENFORCEMENT
TEAM (VNET), FACILITY REPLACEMENT, AND EQUIPMENT RENTAL
FUNDS; ESTABLISHING LIMITED TAX G.O. BONDS, 2003 FUND 209 AND
LIMITED TAX G.O. REFUNDING BONDS, 2003 FUND 210 AND REPLACING
LIMITED TAX G.O. BONDS, 1994 FUND 201, WITH INITIAL REVENUES
AND TRANSFERS, AND EXPENDITURES FOR 2003, PROVIDING FOR
SEVERABILITY; AND ESTABLISHING AN EFFECTIVE DATE.
WHEREAS, the City finds it necessary to increase expenditures and transfers for the City
Parks Department, and Department 20 General Fund expenditures; and
WHEREAS, the City finds it necessary to increase the expenditures for the VNET,
Facility Replacement, and Equipment Rental Funds, and make other adjustments and
transfers; and
WHEREAS, the City has received an indirect grant from the Federal government for
Foster Playground equipment; and
WHEREAS, the Police Chiefs of VNET have agreed to release $240,000 of Federal Seized
funds to the six member organizations; and
WHEREAS, the City has issued new bonds benefiting the Arterial Street and Foster Golf
Course Funds, and the City has issued Refunding Bonds for the Limited Tax G.O. Bonds, 1994
Fund 201; and
WHEREAS, the City is required to provide debt service payments in 2003 and make
appropriate internal transfers;
NOW, THEREFORE, THE CITY 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, are hereby amended to read as follows:
GENERAL FUND 000
Revenues:
Federal Grant Foster Playground 333 140 20 $29,988
Expenditures:
Parks
Salaries Wages Extra Labor Parks 15 576 800 10 $20,000
Personnel Benefits Parks 15 576 800 20 10,000
Supplies Parks 15 576 800 30 20,000
Other Services Charges- Utilities Parks 15 576 800 40 10,000
Capital Outlays Foster Playground Parks 15 594 760 60 29,988
Sub Total Parks $89,988
Includes grant funding and operations costs exceeding original budget.
Budget Amendment 200310/16/03 1
GENERAL FUND 000 (Continued)
Contributions /Fund Balance
Personnel Benefits PERS Payoff 20 517 210 20 $63,000
Intergovernmental Professional Services ACC 20 531 900 50 50,000
Other Services Charges Professional Services 20 532 200 40 83,000
Other Services- Repair Demolition Fund 20 532 200 40 40,000
Estimated Ending Unreserved Fund Balance 20 291 840 00 (296,000)
Sub -Total (60,000)
Total Expenditures General Fund 29 98
Additional ACC payment retirement payoffs, Washington, D.C. consultant and Repairs
Demolition Revolving Fund.
VNET FUND -102
Expenditures:
Estimated Ending Unreserved Fund Balance 291 840 00 ($240,000)
Other Services Charges Ivlisc. Fed. Funds 521 210 40 240,000
Net Change
To allocate $40,000 to each of six VNET partners.
LIMITED TAX G.O. BONDS, 1994 FUND 201
Revenues:
Proceeds of Refunding Long -Term Debt 393 000 $4,455,000
Local Retail Use Tax 313 100 00 (116,948)
Total Revenues 4.338,052
Expenditures:
Estimated Ending Unreserved Fund Balance 291 840 ($301,549)
Debt Issue Costs 599 890 80 93,251
General Obligation Bonds 599 890 70 4,247,800
Interest on Long -Term Ext Debt 599 890 80 113,950
Transfer -Out to 209 Fund 597 193 184,600
Total Expenditures a338,052
To close out 201 fund and transfer assets to the 209 Fund and revenues to the new 210 Fund
effective 10/1/03. Also, to provide budget for refunding proceeds and expenditures.
LIMITED TAX G.O. BONDS, 2003 FUND 209
Revenues:
Transfer -In from 201 Fund 397193 00 $184,600
Expenditures:
Interest on Long -Term Ext Debt 592 950 80 $50,000
Estimated Ending Unreserved Fund' Balance 291 840 00 134,600
Total Expenditures 184,. 0
New Fund for 2003 bond issue.
LIMITED TAX G.O. REFUNDING BONDS, 2003 FUND 210
Revenues:
Local Sales Use Tax 313 100 00 $116,948
Expenditures:
Estimated Ending Unreserved Fund Balance 291 840 00 $116,948
Establish fund to replace 201 Fund.
FACTILITY REPLACEMENT FUND 302
Expenditures:
Estimated Ending Unreserved Fund Balance 291 840 00 ($130,000)
Other Srvcs. Chgs. Prof. Service Connectivity 532 200 40 130,000
Total
Revised contract for Asset Analytics.
Budget Amendment 200310/16/03 2
EQUIPMENT RENTAL 501
Expenditures:
Estimated End. Working Capital 02 293 800 00 ($150,000)
Capital Outlays 02 594 480 60 150.000
Total
To fund capital carryovers from 2002 and early 2004 replacements.
Section 2. Ordinance No. 2008 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.
A TTES T AUTH
Jane E. Cantu, CMC, City Clerk
APPROVED AS TO FORM BY:
Office of the City Attorney
Budget Amendment 2003 10/16/03
Steven M. Mullet, Mayor
Filed with the City Clerk:
Passed by the City Council:
Published:
Effective Date:
Ordinance Number:
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