Ordinance 07-007 Amending 2007 Budget CITY OF SPOKANE VALLEY
SPOKANE COUNTY,WASHINGTON
ORDINANCE NO.07-007
AN ORDINANCE AMENDING ORDINANCE NO. 06-024 PASSED BY THE CITY COUNCIL
ON NOVEMBER 14, 2006 AND ENTITLED "AN ORDINANCE OF THE CITY OF SPOKANE
VALLEY, SPOKANE COUNTY, WASHINGTON, ADOPTING A BUDGET FOR THE PERIOD
OF JANUARY 1, 2007 THROUGH DECEMBER 31, 2007 APPROPRIATING FUNDS AND
ESTABLISHING SALARY SCHEDULES FOR ESTABLISHED POSITIONS."
WHEREAS, subsequent to the adoption of the annual budget, it has become necessary to make
changes by adding new revenue, amendments, appropriations and transferring funds in order to properly
perform various City functions,services and activities;
WHEREAS, the budget changes set forth in this Ordinance could not have been reasonably
anticipated or known when the annual budget was passed by the City Council; and
WHEREAS, the City Council has determined that the best interests of the City are served by
amending the adopted .budget to reflect anticipated revenue, expenditures, fund balances, and
appropriating same as set forth herein.
NOW THEREFORE,The City Council of the City of Spokane Valley, Washington do ordain as
follows:
Section 1. Amended Revenues. Ordinance No. 06-024,as adopted or amended, adopted a budget for the
twelve months ending December 31, 2007. Each item, revenue, appropriation, and fund is hereby
amended as follows.
A. General Fund of the 2007 budget is amended to provide for additional revenue in the amount
of$7,068,000 from unrestricted fund balance, additional development fees of$237,000 and a
transfer from the Street Fund in the amount of$35,000.
B. Street Fund of the 2007 budget is amended to provide for additional revenue in the amount of
$238,000 from unrestricted fund balance.
C. Street Capital Projects Fund revenues of the 2007 budget are amended by $863,000 to
provide for an additional $620,000 funded through grant proceeds and developer
contributions along with an inter-fund transfer of$243,000 from the Special Capital Projects
Fund.
D. Capital Grants Projects Fund revenues are increased by $1,730,000 from grant proceeds and
an inter-fund transfer of$270,000 from the Arterial Street Fund for the Appleway—Tschirley
to Hodges project.
E. Stormwater Fund revenues are increased by $340,000 funded through carried over
unrestricted fund balance.
For purposes of these budget amendments, Exhibit "A" is attached hereto and incorporated by this
reference as set forth in full.
Ordinance 07-007 Amending 2007 Budget Page 1 of 3
REVENUES:
REVENUES:
FUND FUND ORIGINAL BUDGETED ENDING
NUMBER NAME REV.&FUND BAL. AMENDMENTS REVENUES
001 GENERAL $ 38,907,470 $ 7,340,000 $ 46,247,470
101 STREET $ 7,420,000 $ 238,000 $ 7,658,000
102 ARTERIAL ST. $ 912,000 $ - $ 912,000
103 TRAILS/PATHS $ 21,000 $ - $ 21,000
105 HOTEUMOTEL $ 658,000 $ - $ 658,000
204 DEBT SERVICE $ 600,000 $ - $ 600,000
301 CAPITAL PROJECTS $ 4,120,000 $ - $ 4,120,000
302 SPECIAL CAP. PRJ $ 4,420,000 $ - $ 4,420,000
303 STREET CAP PRJ $ 6,939,843 $ 863,000 $ 7,802,843
304 MIRABEAU PT $ 441,000. $ - $ 441,000
305 STREET BOND PRJ $ 816,000 $ - $ 816,000
306 COM DEV BLK GRNT $ - $ - $ -
307 CAPITAL GRANTS $ 7,300,000 $ 2,000,000 $ 9,300,000
308 BARKER BRDGE FED $ 700,000 $ - $ 700,000
309 PARKS CAPITAL PRJ $ 3,550,000 $ - " $ 3,550,000
310 CIVIC BUILDING $ 1,460,000 $ - $ 1,460,000
120 CENTERPLACE OP. $ 325,000 $ - $ 325,000
121 SERVICE LEV. STAB $ 5,200,000 $ - $ 5,200,000
122 WINTER WEATHER $ 540,000 $ - $ 540,000
402 STORMWATER $ 2,855,762 $ 340,000 $ 3,195,762
501 EQUIP REPL&RES $ 944,375 $ - $ 944,375
502 RISK MGMT $ 217,100 $ - $ 217,100
TOTALS $ 88,347,550 $ 10,781,000 $ 99,128,550
Section 2. Expenditures Appropriated. To appropriate the amendments from the above estimated
revenues and beginning unrestricted fund balances for each separate fund, the expenditure appropriations
for the period January 1 through December 31,2007 are amended as set forth below.
EXPENDITURES/APPROPRIATIONS:
FUND FUND 2007 ORIGINAL TOTAL
NUMBER NAME APPROPRIATIONS AMENDMENTS APPROPRIATIONS
001 GENERAL $ 31,549,504 $ 7,340,000 $ 38,889,504
101 STREET $ 4,088,372 $ 238,000 $ 4,326,372
102 ARTERIAL ST. $ 912,000 $ - $ 912,000
103 TRAILS/PATHS $ 21,000 $ - $ 21,000
105 HOTEL/MOTEL $ 658,000 $ - $ 658,000
204 DEBT SERVICE $ 600,000 $ 600,000
301 CAPITAL PROJ. $ 4,120,000 $ - $ 4,120,000
302 SPEC.CAP. PRJ $ 4,420,000 $ - $ 4,420,000
303 STREET CAP PRJ $ 6,939,843 $ 863,000 $ 7,802,843
304 MIRABEAU PT $ 441,000 $ - $ 441,000
305 STREET BOND PRJ $ 816,000 $ - $ 816,000
306 COM DEV BLK GRNT $ - $ - $ -
307 CAPITAL GRANTS $ 7,300,000 $ 2,000,000 $ 9,300,000
308 BARKER BRDGE FED $ 700,000 $ - $ 700,000
309 PARKS CAP. PRJ $ 3,550,000 $ - .$ 3,550,000
310 CIVIC FACILITIES $ 1,460,000 $ - $ 1,460,000
120 CENTERPLACE OP. $ 325,000 $ - $ 325,000
121 SERVICE LEV. STAB $ 5,200,000 $ - $ 5,200,000
122 WINTER WEATHER $ 540,000 $ - $ 540,000
402 STORMWATER. $ 1,900,309 $ 340,000 $ 2,240,309
501 EQUIP REPL&RES $ 944,375 $ - $ 944,375
502 RISK MGMT $ 217,100 $ - $ 217,100
TOTALS $ 76,702,503 $ 10,781,000 $ 87,483,503
Ordinance 07-007 Amending 2007 Budget Page 2 of 3
These amendments include a transfer from the General Fund to the Civic Buildings Capital Projects Fund
and Service Level Stabilization Fund of $1,746,000 and $161,000, respectively; an increase due to
creating road standards and development plan review of$77,000, and $237,000, respectively; $50,000
increase for consultant fees regarding the design of the proposed Town Center; $35,000 for the increase
of copy and printing costs; an increase of $34,000 for Council salaries and benefits; an increase of
$5,000,000 to establish a 15% operating reserve; an increase of professional services by $238,000 for
Street Fund projects which includes creating a street master and transportation plan, road standards and a
level of service analysis; an increase in the Street Capital Projects Fund of$863,000 which includes the
2006 carry over costs of$620,000 from the Pines/Mansfield Project and septic tank elimination programs
of$243,000; an increase of$2,000,000 in the Capital Grants Fund for construction costs of Appleway
from Tschirley to Hodges; and$340,000 in the Stormwater Fund for the Beverly Hills drainage project.
Section 3. Positions. The City of Spokane Valley's full time equivalent positions are 76.15.
Section 4. Severability. If any section, sentence, clause or phrase of this Ordinance should be
held to be invalid or unconstitutional by a court of competent jurisdiction, such invalidity or
unconstitutionality shall not affect the validity or constitutionality of any other section, sentence,clause or
phrase of this Ordinance.
Section 5. Effective Date. This Ordinance shall be in full force and effect five (5) days after
publication of this Ordinance or a summary thereof in the official newspaper of the City as provided by
law.
Passed by the City Council of the City of Spokane Valley this 24`"day of April, 2007.
A ST. Diana Wilhite,Mayor
h`ristine Bainbri•ge,City Clerk
APPROVED AS TO FORM:
Office o he Ci W.ttorney
Date of Publication: 05-04-07
Effective Date: 05-09-07
Ordinance 07-007 Amending 2007 Budget Page 3 of 3
City of Spokane Valley
Exhibit A
Amendments to 2007 Budget
April 2007
4/19/2007
REVENUE EXPENDITURE
Fund INCREASE INCREASE Explanation
001
Unrestricted fund bal. $ 7,068,000 Carry over from 2006:
001.032.000.532.20.41.05 $ 77,000 Pub.Wks road stds. JUB
001.059.000.322.10.01 237,000 Increase dev.Fee estimate
001.032.000.532.20.41.02 104,000 2007 Development eng review
001.058.000.558.60.41.05 65,000 2007 Development survey review
001.090.000.397.43.00 35,000 Trans frm St fund-SRTC
001.058.000.558.60.41.05 50,000 R.E.Consultants-town center
New transfers:
001.090.000.597.19.00.01 1,746,000 Meet goal for Civic Facilities
001.090.000.597.19.00.02 161,000 Meet goal for service level stabilization
Corn. Dev.&PW Dev Review 68,000 Dev review serv.Improvements
Other:
001.011.000.511.60.10.00 31,000 Council salaries
001.011.000.511.60.20.00 3,000 Council benefits
various gen fund copy/printing costs 35,000 Copy&printing cost adjustment
Cash flow reserve 5,000,000 To meet 15%reserve goal
Total Gen. Fund $ 7,340,000 $ 7,340,000
101 Street Fund
Unrestricted fund bal. $ 238,000 Carry over from 2006:
101.042.000.542.10.41.02 $ 44,000 Transportation ping. Century West
101.042.000.542.10.41.05 $ 147,000 Street master plan JUB
101.042.000.542.10.41.05 $ 38,000 road standards JUB
101.042.000.542.10.41.05 $ 9,000 LOS analysis DEA
Total Street Fund $ 238,000 $ 238,000
303 Street Capital Projects
SRTC $ 277,000
TIB&Developers $ 343,000
Pines/mansfield $ 620,000 Carry over 2006 project
REET2 $ 243,000
Vera Terrace(Step) $ 133,000 Carry over 2006 project
Veradale Heights(Step) $ 110,000 Carry over 2006 project
Total Street Capital $ 863,000 $ 863,000
307 Capital Grant Projects
Arterial St. $ 270,000
SRTC $ 1,730,000
Appleway-Tschirley to Hodges $ 2,000,000 2007 phase II project
Total Capital Grant Fnd $ 2,000,000 $ 2,000,000
Several other 2006 projects carried over
but no adjustment needed to 2007 budget
402 Storm Water Fund
Unrestricted fund bal. $ 340,000
402.402.000.597.00.55.03 $ 340,000 Beverly hills project
Total Storm Water Fnd $ 340,000 $ 340,000
GRAND TOTALS---> $ 10,781,000 $ 10,781,000