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Ordinance 05-018 Amends 2005 Budget ' I CITY OF SPOKANE VALLEY • SPOKANE COUNTY, WASHINGTON ORDINANCE NO. 05-018 AN ORD!NANC • AMENDING ORDINANCE NO. 04-O44-PASSED BY THE CITY COUNCIL ON NOVEMBER 9, 2004 AND ENTITLED "AN ORDINANCE OF THE CITY OF SPOKANE VALLEY, WASHINGTON ADOPTING A BUDGET FOR THE PERIOD OF JANUARY 1, 2005 THROUGH DECEMBER 31, 2005 APPROPRIATING FUNDS AND ESTABLISHING SALARY SCHEDULES FOR ESTABLISHED POSITIONS." HEREA , subsequent to the adoption of the annual budget, it has become necessary to make changes by adding new revenue, appropriations, amendments 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 all revenue and 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 I. Amended Revenues. The Budget for the twelve months ending (December 31, 2005, and each item, revenue, appropriation, and fund are hereby amended as shown in Exhibit A and as follows. A, General Fund Unrestricted Fund Balance is increased by $3;480;900 representing carryover fund balance from 2004. 2005 Building permit fees are increased $600.000 and Sales Tax receipts are increased $800.000 for a total increase in fund revenues of$4,880,900. Appropriations are increased as shown in Exhibit A- B. Street Fund revenues are increased with transfers from the General Fund in the amount of $2,000,000- Appropriations are increased for street operations as • • shown in Exhibit A- C. Street Capital Projects Fund revenues are increased by $3,329,300 with a transfer from the General Fund, developer contributions and grant revenues. Appropriations are increased as shown in Exhibit A. D. Capital Grants Fund revenues are increased by $1,183;000 from grants for specific street projects. Appropriations are increased by the same amount in Exhibit A. E. Barker Bridge Fund revenues are increased 5116,000 by grant income. Appropriations are increased by a like amount as shown in Exhibit A. F, Parks Capital Improvement Fund is-hereby created for the purpose of making capital improvements to parks and to purchase and/or lease land for public parks, Revenues result from a transfer From the General fund in the amount of$550-000. Appropriations are authorized in the same amount as shown in Exhibit A. Ordinance 05-015 Amending 2005 Budget Page I oF3 • G. Service Level Stabilization Reserve Fund is hereby created with a revenue transfer from the General Fund in the amount of$1,000,000. Appropriations are authorized as shown in Exhibit A as needed to maintain city service levels. H. Winter Weather Reserve Fund is hereby created with a transfer from the General • Fund in the amount of $500,000. Appropriations are authorized as shown in Exhibit A for costs relating to street maintenance including, but not limited to sanding, snow plowing and deicing. I. CenterPlace Operating Reserve Fund is hereby created with a transfer from the General Fund in the amount of $300,000. Appropriations are authorized as shown in Exhibit A for unexpected operating costs associated with CenterPlace at Mirabeau Point. J. A Civic Building Fund is hereby created for the purposes of purchasing/leasing land, buildings and constructing capital improvements for civic purposes. Revenues for 2005 will come from a General Fund transfer in the amount of $500,000. Appropriations are authorized as shown in Exhibit A for capital improvements relating to civic buildings. REVENUES: FUND FUND BEG. REVENUE ENDING NUMBER NAME &FUND BAL. AMENDMENTS REVENUES 001 GENERAL $ 29,009.515 $ 4,880,900 $ 33,890,415 101 STREET $ 3,803,158 $ 2,000,000 $ 5,803,158 102 ARTERIAL ST. S 1,086,003 $ - $ 1.086,003 103 TRAILS/PATHS S 17,900 $ - S 17,900 105 HOTEL1MOTEL $ 437,827 $ - $ 437,827 204 DEBT SERVICE $ 582,835 $ - $ 582,835 301 CAPITAL PROJ. $ 2,105,904 $ - $ 2,105,904 302 SPEC.CAP. PRJ $ 1,912,457 $ - $ 1,912,457 303 STREET CAP PRJ $ 933,030 $ 3,329,300 $ 4,262,330 304 MIRABEAU PT $ 3,000,000 $ - $ 3,000,000 305 STREET BOND PRJ $ 406,000 $ - $ 406.000 306 COM DEV BLK GRNT $ - $ - $ - 307 CAP. GRANTS $ 3,827,000 $ 1,183,000 $ 5,010,000 308 BARKER BRDGE FED S 234,000 $ 116,000 $ 350,000 309 PARKS CAP. PRJ $ - S 550,000 $ 550,000 310 CIVIC BUILDING $ - $ 500,000 $ 500,000 120 CENTERPLACE OP. $ - $ 300,000 $ 300,000 • 121 SERVICE LEV. STAB $ - $ 1,000,000 $ 1,000,000 122 WINTER WEATHER $ - $ 500,000 $ 500,000 402 STORMWATER $ 2,061,026 $ - $ 2,061,026 501 EQUIP REPL&RES $ 272,892 $ - $ 272,892 502 . RISK MGMT $ 140.828 $ - $ 140,828 TOTALS $ 49,830,375 $ 14,359,200 $ 64,189,575 Ordinance 05-018 Amending 2005 Budget I'age 2 of 3 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, 2005 are amended as set forth below. EX PENrDITUR IE S/APPROPRIATIONS: FUND FUND 2005 ORIG TOTAL NUMBER NAME APPROPRIATIONS AMENDMENTS APPROPRIATIONS 001 GENERAL $ 28.508,165 S 5,382,250 $ 33,890,415 101 STREET $ 3,318,066. S 2,485,092 $ 5,803,158 102 ARTERIAL ST. $ 856,400 S 229,603 $ 1,088,003 103 TRAILS/PATHS $ - $ 17,900 $ 17,900 105 HOTEUMOTEL S 300,000 S 137,827 $ 437,827 204 DEBT SERVICE $ 582,835 $ - $ 582,835 301 CAPITAL PROJ. S 332.545 $ 1,773,359 $ 2,105,904 302 SPEC.CAP.PRJ S 205,145 $ 1,707,312 $ 1,912,457 303 STREET CAP PRJ S 933,000 $ 3,329,330 $ 4,262,330 304 MIRABEAU PT S 3,000,000 $ - $ 3,000.000 305 STREET BOND PRJ S 406,000 $ - $ 406,000 306 COM DEV BLK GRNT S - $ - $ - 307 CAP.GRANTS S 3,827,000 $ 1,183,000 $ 5,010.000 308 BARKER BRDGE FED S 234,000 $ 116,000 $ 350,000 309 PARKS CAP.PRJ $ - $ 550,000 $ 550,000 310 CIVIC BUILDING $ - $ 500,000 $ 500,000 120 CENTERPLACE OP. $ - $ 300,000 $ 300.000 121 SERVICE LEV.STAB $ - $ 1,000,000 $ 1,000,000 122 WINTER WEATHER $ - $ 500,000 $ 500,000 402 STORMWATER $ 1,312,521 $ 748,505 $ 2,061,026 501 EQUIP REPL 8 RES $ 51,051 $ 221,841 $ 272.892 502 RISK MGMT $ 134.450 $ 6,378 S 140,828 • TOTALS $ 44,001,178 $ 20,188,397 S 64,189,575 Section 3. Increase in Positions. The City of Spokane Valley's full time equivalent positions are hereby increased from 52.2 to 61.3. 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 le day of May, 2005. Ql.iv vkAo -cQI, . S : Diana Wilhite, Mayor h'ristine Bainbridge, City C .rk APP OVLD - S I FORMM . / . /Caiy P.4 riskell, I duly City Attorney Date of Publication: 5-20-05 Effective Date: 5-25-05 Ordinance 05-01 S Amending 2005 Budget Page 3 of 3 CITY OF SPOKANE VALLEY AMENDMENTS TO 2005 BUDGET EXPENDITURES MAY 10, 2005 • EXHIBIT A 2005 BUDGET DESCRIPTION FUND AMENDMT Source of Funding GENERAL FUND: 001 Transpo Group - Ponderosa IUD review 2004 carryover $ 5,000 Unrestricted Fd Bal, Spokane Reg. Wastewater Alliance 2004 carryover $ 14,600 Unrestricted Fd Bal. Mirabeau Park Bridge Improvements 2004 carryover $ 27,000 Unrestricted Fd Bat. Staffing: Authorized at retreat/council mtgs 001 $ 587,750 Unrestricted Fd Bal. Transfer to Street Fund for Operations 001 $ 2,000,000 Unrestricted Fd Bal. Transfer to Capital Projects Fund 001 $ 1,150,000 Sales tax/Bldg fees Transfer to Service Level Stabilization 001 $ 400,000 Saleslbldg/unrestrictd Transfer to Winter Weather Reserve 001 $ 500,000 Unrestricted Ed Bal. Transfer to Civic Building Fund' 001 $ 600,000 Unrestricted Fd Bal. Police Mobile Computers 001 $ . 198,000 Cairn Just: Sales Tax General Fund Total $ 5,382,250 STREET FUND: Level of service analysis intersections 101 $ 50,000 General Fund Transfer "Street operating costs 101 $ 2,435,092 General Fund Transfer Total $ 2,485,092 ARTERIAL ST. FUND: "Irtiprovements to arterials 102 $ 229,603 Unrestricted Fd Bal; TRAILS & MATHS: "Improvements to ped.lbicycle trails 103 $ 17,900 Unrestricted Fd Bal. HOTEL/MOTEL FUND: *Tourism promotion 105 $ 137,827 Unrestricted Fd Sal. CAPITAL PROJECTS FUND: *Capital projects-REET1 301 $ 1,773,359 Unres€rioted Fd Bal. SPEC. CAPITAL PROJECTS FUND: . *Capital improvements- REET2 302 $ 1,707,312 Unrestricted Fd Sal. STREET CAPITAL PROJECTS: . 15th Ave-proj 2, Dishman/Mica 2004 carryover 303 $ 151,000 General Fund Transfer Evergreen, 16th to 2nd 2004 carryover 303 $ 20,000 General Fund Transfer Carnahan 2004 carryover 303 $ 148,300 General Fund Transfer South Greenacres 2004 carryover 303 $ 23,000 General Fund Transfer PineslMansfield ($1,101,000 less $28,000) 303 $ 1.,073,030 Developer contribution Barker Rd Reconstruction ($3,028 less $1.114 mil) 303 $ 1,914,000 Grant Street Capital Total $ 3,329,330 CAPITAL GRANTS FUND: Valley Corridor environ grant 307 $ 200,000 Fed. Grant Appleway($513,000 less $216,000) 307 $ 297,000 Fed. Grant Dishman/Mica (S176,000 less$41,000) 307 $ 135,000 Fed. Grant Argonne grant awarded for this 2003 project 307 $ 317,000 Fed. Grant Valley Corridor- Project 2 (if environ work done) 307 $ 234,000 Fed. Grant Cap. Grants Total $ 1,183,000 Barker Rd Bridge ($350,000 less $234,000) 308 $ 116,000 Fed. Grant PARKS CAPITAL PROJECTS: Improvements, land acquisition 309 $ 550,000 General Fund Transfer CIVIC BUILDING FUND 310 $ 500,000 General Fund Transfer CENTERPLACE OPERATING RESERVE 311 $ 300,000 General Fund Transf. SERVICE LEVEL STABILIZATION 312 $ 1,000,000 General Fund Transf. WINTER WEATHER RESERVE 313 $ 500,000 General Fund Transf. STORMWATER FUND: *Stormwater facilities/improvements 402 $ 748,505 Unrestricted Fd Bal. EQUIP. RENTAURESERVE FUND: *Equip-vehicles, copiers 501 S 221,841 Unrestricted Fd Bal. RISK MGMT FUND: *Insurance costs 502 $ 6,378 Unrestricted Fd Bal. Total $ 20,1 88,397 *To fully appropriate unrestricted fund balance