HomeMy WebLinkAboutOrdinance 07-014 Amending 2007 Budget CITY OF SPOKANE VALLEY
SPOKANE COUNTY,WASHINGTON
ORDINANCE NO. 07-014
AN ORDINANCE AMENDING ORDINANCE NO. 07-007 PASSED BY THE CITY
COUNCIL ON APRIL 24, 2007, WHICH AMENDED ORDINANCE 06-024 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," CREATING THE CIVIC
FACILITIES REPLACEMENT FUND (123).
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. 07-007, as adopted or amended, amended the
budget for the twelve months ending December 31, 2007. Each item, revenue, appropriation, and
fund is hereby amended as follows.
A. General Fund (001) of the 2007 budget is amended to provide for additional revenue in
the amount of $1,300,000 from sales tax, $180,000 from Franchise fees, $80,000 from
Liquor Board Profits and $270,000 from Investment earnings.
B. The Civic Facilities Replacement Fund (123) is hereby created to accumulate and spend
dollars for the replacement, remodel, expansion and/or improvement to city facilities,
and/or furniture. A transfer from the General Fund (001) is hereby appropriated in Civic
Facilities Replacement Fund(123)revenues in the amount of$397,000.
C. The Civic Facilities Fund(310)revenue budget is amended to reflect an
additional transfer from the General Fund(001) in the amount of$1,433,000.
For purposes of these budget amendments, Exhibit "A" is attached hereto and incorporated by this
reference as set forth in full.
Ordinance 07-014 Amending 2007 Budget Page 1 of 3
REVENUES:
FUND FUND ORIGINAL BUDGET& AMENDMENT ENDING
NUMBER NAME AMENDMENT#1 . #2 REVENUES .
001 GENERAL $ 46,247,470 $ 1,830,000 $ 48,077,470
101 STREET $ 7,658,000 $ - $ 7,658,000
102 ARTERIAL ST. $ 912,000 $ - $ 912,000
103 TRAILS/PATHS $ 21,000 $ - $ 21,000
105 HOTEUMOTEL $ 658,000 $ - $ 658,000
123 CIVIC FAC. REPLCMT. $ - $ 397,000 $ 397,000
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 $ 7,802,843 $ 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 $ 9,300,000 $ 9,300,000
308 BARKER BRDGE FED $ 700,000 $ - $ 700,000
309 PARKS CAPITAL PRJ $ 3,550,000 $ - $ 3,550,000
310 CIVIC FACILITIES $ 1,460,000 $ 1,433,000 $ 2,893,000
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 $ 3,195,762 $ 3,195,762
501 EQUIP REPL&RES $ 944,375 $ - $ 944,375
502 RISK MGMT $ 217,100 $ - $ 217,100
TOTALS $ 99,128,550 $ 3,660,000 $ 102,788,550
The total balance of all fund revenues and beginning fund balances, appropriated for the year 2007 is
$102,788,550.
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:
001 GENERAL $ 38,889,504 $ 1,830,000 $ 40,719,504
101 STREET $ 4,326,372 $ 4,326,372
102 ARTERIAL ST. $ 912,000 $ - $ 912,000
103 TRAILS/PATHS $ 21,000 $ - $ 21,000
105 HOTEUMOTEL $ 658,000 $ - $ 658,000
123 CIVIC FAC. REPLCMT $ - $ 397,000 $ 397,000
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 $ 7,802,843 $ 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 $ 9,300,000 $ 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 $ 1,433,000 $ 2,893,000
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 $ 2,240,309 $ 2,240,309
501 EQUIP REPL&RES $ 944,375 $ - $ 944,375
502 RISK MGMT $ 217,100 $ - $ 217,100
TOTALS $ 87,483,503 $ 3,660,000 $ 91,143,503
Ordinance 07-014 Amending 2007 Budget Page 2 of 3
These amendments include transfers from the General Fund (001) to the Civic Facilities Fund (310)
and the Civic Facilities Replacement Fund (123) of $1,433,000 and $397,000, respectively; an
appropriation of $397,000 in the Civic Facilities Replacement Fund (123), and appropriations of
$880,000 for purchase of the precinct building along with an appropriation of$553,000 in the Civic
Facilities Fund (310)for the acquisition of city facilities.
The total balance of all fund expenditures appropriated for the year 2007 is$91,143,503.
Section 3. Positions. The City of Spokane Valley's authorized full time equivalent positions
is 79.15.
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 11th day of September,2007.
Ct-{AAta' Wal
AT ,,. Diana Wilhite, Mayor
•-is '•ainbridge, City Clerk
APPROVED AS TO FORM:
k Office ttorney
Date of Publication: 9.-- -6t
2
Effective Date: _ ,d2
Ordinance 07-014 Amending 2007 Budget Page 3 of 3
City of Spokane Valley
Exhibit A
Amendments to 2007 Budget
September 11,2007
Sept 11,2007
REVENUE EXPENDITURE
Fund INCREASE INCREASE Explanation
001
001.000.000.313.10.00 $ 1,300,000 Sales tax
001.000.000.321.91.00 180,000 Franchise fees
001.000.000.336.06.95 80,000 Intergov.Liquor Board Profits
001.000.000.361.11.00 270,000 Interest earnings
Transfer to Civic Facilities 1,433,000 Move$to civic fac.Fund
Transfer to Civic Facilities Replace. 397,000 Move$to replacement Fund
Total $ 1,830,000 $ 1,830,000 Total
123 Transfer from Gen. Fund $ 397,000
For Replacement $ 397,000 Potential bldg replacement
310 Transfer from General Fund $ 1,433,000
Purchase of Precinct - $ 880,000 Purchase of Precinct Bldg
Purchase of City Facility $ 553,000 Set aside for purchase of facility
Grand Total $ 3,660,000 $ 3,660,000