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HomeMy WebLinkAboutOrd 1618 - 1992 Budget 4$ 4 0 ‘W‘f /sos CITY OF TUMILA WASHINGTON ORDINANCE NO. �P l g 00,40,6 b51-( AN ORDINANCE OF THE CITY OF TUKWILA, WASHINGTON, ADOPTING THE ANNUAL BUDGET OF THE CITY OF TUKWILA FOR THE FISCAL YEAR 1992; AMENDING THE DESCRIPTIONS OF THE LAND ACQUISITION, BUILDING DEVELOPMENT, AND FACILITY REPLACEMENT FUNDS; AND CREATING THE GENERAL GOVERNMENT IMPROVEMENTS FUND. WHEREAS, the Preliminary Budget of the City of Tukwila for the year was timely submitted to the City Council, and WHEREAS, a Public Hearing on the proposed budget was advertised and held on December 2, 1991, and WHEREAS, pursuant to the hearing, certain changes were made in the proposed budget, and WHEREAS, the Land Acquisition, Building and Development Fund was established by Ordinance No. 654 in 1970, and its use and purpose needs to be more clearly defined and retitled, and WHEREAS, the Facility Replacement Fund was established by adoption of the 1989 Budget Ordinance No. 1493, and its use and purpose need to be more clearly defined, and WHEREAS, the creation of a General Government Improvements Fund will provide a method of budgeting for small miscellaneous capital improvements, NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, DO HEREBY ORDAIN AS FOLLOWS: Section 1. That the budget on file with the City Clerk entitled "City of Tukwila Budget, 1992," is hereby adopted by reference as though fully set forth in accordance with RCW 35A. 33.075. Section 2. The totals of the estimated revenues and appropriations for each separate fund, and the aggregate totals are as follows: FUND EXPENDITURES REVENUES 000 General 18,575,260 18,575,260 103 City Street 4,915,500 4,915,500 104 Arterial Street 13,316,474 13,316,474 105 Contingency 408,000 408,000 107 Fire Equipment Cumulative Reserve 698,000 698,000 202 City Hall Limited G.O. 1977 277,000 277,000 204 Golf Course Unlimited G.O. 1978 371,000 371,000 205 Special Assessments 153,000 153,000 206 L.I. Guarantee 43,000 43,000 301 Land Acquisition, Recreation, Park Development 3,772,663 3,772,663 302 Facility Replacement 1,729,000 1,729,000 303 General Government Improvements 1,230,000 1,230,000 401 Water 2,020,815 2,020,815 402 Sewer 3,127,689 3,127,689 403 Water /Sewer Construction 378,000 378,000 404 Water /Sewer Revenue Bonds 622,290 622,290 405 Bond Reserve 471,223 471,223 411 Foster Golf Course 1,078,238 1,078,238 412 Surface Water 3,049,550 3,049,550 501 Equipment Rental 2,052,171 2,052,171 611 Firemen's Pension 731.853 731.853 TOTAL ALL FUNDS 59.020.726 59.020.726 Section 3. A complete copy of the final budget for 1992, as adopted, together with a copy of this adopting 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 4. The Land Acquisition, Building and Development Fund will be used for capital projects for parks and open space. The fund title will now read: Land Acquisition, Recreation, and Park Development. The primary revenue source for the open space will be the quarter percent Real Estate Transfer Tax. Section 5. The Facility Replacement Fund will be used for improvements, additions, or relocation capital projects of $100,000 or greater. A fifteen year life or extension is a primary criteria. Also, this fund includes reserves for future improvements. Section 6. The establishment of the General Government Improvements Fund (303) will provide for miscellaneous minor Capital improvements not provided elsewhere. Projects which benefit multiple departments or functions will be given priority. Section 7. This ordinance shall be published in the official newspaper of the City, and shall take effect and be in full force five (5) days after the date of publication. PA Sj D BY THE 'G� MY COUNCIL O THE CITY OF TUKWILA, WASHINGTON, THIS DAY OF ,0� l_ 1991. In accordance with RCW 35A,12.1.30 this ordinance shall become valid without the Mayar'c approval Gary L. Van Dusen, Mayor ATTEST /AUTHENTICATED: SX -74-C de se-8- 41\ fane Cantu, City Clerk PUBLISHED: VALLEY DAILY NEWS January 5, 1992 APPROVED AS TO FORM: OFFICE OF THE CITY ATTORNEY: By l'r�C l47(9( FILED WITH THE I ITY CLERK: /z /L -9/ PASSED BY THE CITY COUNCIL; 2 i 6 9/ PUBLISHED: s 9 Z EFFECTIVE DATE: d Y ORDINANCE NO.: 6/g