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Ordinance 04-015 Amends 2004 Budget CITY OF SPOKANE VALLEY SPOKANE COUNTY,WASHINGTON ORDINANCE NO. 04-015 AN ORDINANCE AMENDING ORDINANCE NO. 03-096 PASSED BY THE CITY COUNCIL ON DECEMBER 2, 2003 AND ENTITLED "AN ORDINANCE OF THE CITY OF SPOKANE VALLEY, WASHINGTON, ADOPTING A BUDGET FOR THE PERIOD JANUARY 1, 2004 THROUGH DECEMBER 31, 2004 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 appropriations and creating 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 as set forth herein. NOW THEREFORE,The City Council of the City of Spokane Valley, Washington do ordain as follows: Section 1. Budget Amendment. The Budget for the year ending December 31, 2004, and each item, appropriation, and fund are hereby revised as follows. The following budget amendments are made: A. The General Fund of the 2004 budget is amended to provide for a reduction in appropriations in the amount of$1,301,661 to more closely reflect current conditions. B. The Hotel/Motel Fund of the 2004 budget is amended to provide for an additional appropriation in the amount of$175,000 funded through unrestricted fund balance. C. There is hereby established in the City treasury a fund known and designated as the "Community Development Block Grant Fund" for the purpose of accounting for revenues and expenditures related to Block Grant proceeds as specified by Title I of the Housing and Community Development Grant Program of 1974. The 2004 City budget is amended to provide an appropriation in the amount of$504,000 funded through Community Development Block Grant proceeds. D. There is hereby established in the City treasury a fund known and designated as the "Capital Grants Fund" for the purpose of accounting for revenues and expenditures related to Capital Grant proceeds. The 2004 City budget is amended to provide an appropriation in the amount of $837,000 funded through TITS Grant proceeds and transfers from Arterial Street Fund. Ordinance 04-015 Budget 2004 Amendment Page I of 3 I . There is hereby established in the City treasury, a fund known and designated as the "Barker Road Bridge Reconstruction — Federal Grant Fund" for the purpose of accounting for revenues and expenditures related to BRAC Grant proceeds. The 2004 City budget is amended to provide an appropriation in the amount of $702,000 funded through BRAC Grant proceeds. F. The Sewer Fund of the 2004 budget is amended to provide for an additional appropriation in the amount of$238,608 funded through unrestricted fund balance. G. The Equipment Replacement& Repair Fund of the 2004 budget is amended to provide for an additional appropriation in the amount of $15,000 funded through a transfer from the General Fund. For purposes of these budget amendments, Exhibit "A" is attached hereto and incorporated by this reference as though set forth in full. Section 2. Funds Appropriated. To facilitate the above budget amendments from estimated revenues, including beginning fund balances for each separate fund, the appropriations and the aggregate total for all funds combined for the period January 1 through December 31 are set forth in summary form. AMOUNT BEGINNING OF AMENDED FUND APPROPRIATION CHANGE APPROPRIATION 1. General $26,356,316 (11301,661) $25,054,655 2. Street 3,773,184 -0- 3,773,184 3. Arterial Street 600,000 0 600,000 4. Trails &. Paths -0- -0- -0- 5. Hotel/Motel 300,000 175,000 475,000 6. Debt Service LTGO 03 800,000 -0- 800,000 7. Capital Projects 180,000 -0- 180,000 8. Special Capital Projects 300,000 -0- 300,000 9. Street Capital Projects 3,219,700 -0- 3,219,700 10. Mirabeau Point Project 9,500,000 -0- 9,500,000 11. Street Bond Projects 2,430,000 -0- 2,430,000 12. CD Block Grant -0- 504,000 504,000 13. Capital Grants -0- 837,000 837,000 14. Barker Bridge Reconstruction -0- 702,000 702,000 15. Sewer Fund -0- 238,608 238,608 16. Stormwater Management 51 8,700 -0- 5 18,700 17. Equipment R &R 28,600 15,000 43,600 18. I Risk Management 137,500 -0- 137,500 TOTAL $48,144,000 $1,169,947 $49,313,947 Section 3. 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. Ordinance 04-015 Budget 2004 Amendment Page 2 of 3 Section 4. 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 27111 day of April, 2004. c....„irs.va-U....... Michael DeVleming, Mi or ATTE :, ,... 7 a, (Christine Bainbridge, City Clerk APP ZOVED e - e . :;:a1/44.0 ' 411P ay Dr'; ell,Deputy Attorney Date of Publication: St-7 d 7 Effective Date: 5-/2 Ordinance 04-015 Budget 2004 Amendment Page 3 of3 • City of Spokane Valley Exhibit A 2003 2003 2004 2003 Actual Remaining Budget Funding Project Name - Appropriation Expenditures Budget Amendment Source General Fund: . Reserve for Revenue Adjustments S - $ - $ - S (1,007,161) Reserve for Service Level Stabilization - - - (100,000) Contingency Reserve - - - (195,000) Student Advisory Council - - - 500 Sales Tax Revenues Total General Fund 5(1,301,661.00) • Hotel/Motel Fund: " SCVB $ 83,700.00 S 16,166.79 S 67,531.21 $ 67,531.00 SRSC 52,200.00 - 52,200.00 52,200.00 SV Soccer 24,800.00 5,422.36 19,377.64 - 19,378.00 SV YMCA . 18,000.00 • - 16,000.00 18,000.00 Spokane County Fair 17,500.00 - 17,500.00 17,500.00 • Valley Fest . 2,800,00 2,800.00 - - SV.Heritage Museum 1,000.00 1,000.00 - - • Total HotellMotel Fund 200,000-00 25,391.15 174,608.85 174,609.00 Fund Balance Sewer Fund: - . Hiltview Acres Sewer Paveback $ 480,000.00 $ 423,729.60 $ 56,270.40 - . PinecroftWMansliold Sewer Paveback 200,000.00 59,666.28 140,333.72 - Harrington Sewer Paveback • 279,000.00 236,997.00 42,003.00 - Total Sewer Fund 959,000.00 720,392.88 236,6197.12 238,607.12 Sewer Fund Balance CD Block Grant•Fund WeallrerwoodlOwens(STEP) $ - S - $ - $ 394,000.00 Street Bond and Block Grant Proceeds Carnahan(STEP) - - - 110,000,00 Street Bond and Block Grant Proceeds Total CD Block Grant Fund 504,000.00 ) Capital Grants Fund - Barker Road Reoonstruction S - $ - $ - S 639,000.00 TIB Grant&Transfers from Arterial Street Fund 24th Avenue Project - • - - 198,000.00 TIB Grant&Transfers from Arterial Street Fund Total Capital Grants Fund • 837,00'0.00 - Barker Road Bridge Recon.Fund Barker Road Bridge Reconstruction S - $ - $ - S 702.000.00 BRAC Grant Proceeds ER&R Fund Capital Outlay-Code Enf.Vehide S - S - $ - $ 15,000.00 Interfund Transfer-General Fund(Already Budgeted) Total ER&R Fund Budgeted originally In wrong fund