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HomeMy WebLinkAboutOrd 1478 - 1988 Budget Amendment �,wAu CITY OF TUKWILA WASHINGTON ORDINANCE NO. /4//,q AN ORDINANCE OF THE CITY OF TUKWILA, WASHINGTON, AMENDING THE 1988 BUDGET, ADOPTED BY ORDINANCE NO. 1451, TO APPROPRIATE UNANTICIPATED SALES TAX REVENUES; MAKE BUDGET TRANSFERS; PROVIDE FOR SEA -TAC ANNEXATION STUDY; PURCHASE PROPERTY AND BUILDING; AND ESTABLISH- ING AN EFFECTIVE DATE. WHEREAS, at the time of the adoption of the 1988 budget, the sales tax revenues were underestimated, and WHEREAS, a consultant study of the Sea -Tac area is necessary to determine the potential impact of annexation to the City of Tukwila, and WHEREAS, the City desires to purchase certain real property including a building on Interurban Avenue South and make certain budget transfers. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, DO ORDAIN AS FOLLOWS: Section 1. The following line items in the 1988 budget, as adopted by Ordinance No. 1451, passed by the City Council on 12/21/87, are hereby amended to read as follows: CURRENT FUND 000 Revenues: 000 313 100 Local Retail Sales Use Tax 55,000 Expenditures: 000 08 558 600 41 03 Sea -Tac Annexation 55,000 LAND ACQUISITION BUILDING DEVELOPMENT FUND 301 Revenues: 301 313 100 Local Retail Sales Use Tax $270,000 Expenditures: 301 594 190 41 09 Prof. Services. Interurban Prop. 12,000 301 594 190 61 09 Land Interurban Prop. 645,000 301 594 190 62 09 Building Interurban Prop. 505,000 301 291 800 Estimated Ending Fund Balance (378,000) 301 594 190 41 02 City Gateway Studies 30,000) 301 594 190 62 03 Office Remodel City Hall 35,000) 301 594 190 62 04 Acoustical City Hall 27,000) 301 594 190 63 07 Parking Lot City Hall 45,000) 301 594 760 61 01 Right -of -Way Open Space (124,000) 301 594 760 62 09 Golf /Parks Maint. Building (253,000) $270,000 Section 2. Ordinance No. 1451, passed by the City Council on 12/21/87 is hereby amended by revising the summary of totals of estimated revenues and appropriations for each separate fund and the aggregate total of all such funds combined incorporated in said ordinance 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 to the 1988 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. This ordinance shall 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 /9 day of 1988. 0 FILED WITH THE CITY CLERK: 9 -/9 S'? PASSED BY THE CITY COUNCIL: 9 -/9' PUBLISHED RECORD CHRONICLE: 9- .,5 -S'f EFFECTIVE DATE: 7-2 ORDINANCE NO. /4/7,9 App o ed as to Form Attest /Authenticated Of ic• the it orney Maxine Anderson, City Clerk