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Ordinance 16-008 Amends 2016 budget CITY OF SPOKANE VALLEY SPOKANE COUNTY,WASHINGTON ORDINANCE NO. 16-008 AN ORDINANCE OF THE CITY OF SPOKANE VALLEY, SPOKANE COUNTY, WASHINGTON,AMENDING ORDINANCE 15-019,WHICH ADOPTED A BUDGET FOR THE PERIOD JANUARY 1,2016 THROUGH DECEMBER 31,2016; AND OTHER MATTERS RELATED THERETO. WHEREAS, the City Council passed Ordinance 15-019 on November 10, 2015, which adopted the 2016 annual budget; and WHEREAS, subsequent to the November 10, 2015 adoption of the 2016 annual budget, it has become necessary to make changes by adding new revenue, appropriations, amendments, and transferring funds in order to properly perform City functions, services and activities; and WHEREAS, City Council awarded a contract for the construction of a new City Hall building on May 3, 2016 and authorized the City to issue limited tax general obligation bonds to partially pay for the construction, equipping and furnishing of the new City Hall building on May 10, 2016; and WHEREAS, the budget changes set forth in this Ordinance could not have been reasonably anticipated or known when the 2016 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 2016 budget to reflect unanticipated revenue, expenditures, transfers, and appropriating the 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 and Appropriations. Ordinance No. 15-019 adopted a budget for the twelve months beginning January 1, 2016 and ending December 31, 2016. Each item, revenue, appropriation, and fund contained in Section 1 of Ordinance 15-019 is hereby amended as set forth in Attachment A to this Ordinance, which is incorporated herein. Section 2. 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 3. Effective Date. This Ordinance shall be in full force and effect five 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 V iS y41.4 I'day of Juhe 2016. AT �:r� — j - 4 L.R. Higgin , ►� t.G t Kristine Bainbridge, City Cler Date of Publication: 06/17/2016 Approved asp :` Effective Date: 06/22/2016 matti Office of he Cityty orney Ordinance 16-008 amending the 2016 budget Page 1 of 2 ATTACHMENT A Sources Uses Revenues Appropriations Estimated Beginning Ending Fund Fund Adopted via Amended via Total Total Adopted via Amended via Total Fund No. Annual Appropriation Funds Balance Ord.15-019 Ord.16-008 Revenues Sources Ord.15-019 Ord.16-008 Appropriations Balance 001 General 26,067,102 39,478,853 481,734 39,960,587 66,027,689 39,974,480 2,243,357 42,217,837 23,809,852 101 Street O&M 1,431,496 4,357,900 0 4,357,900 5,789,396 4,382,900 0 4,382,900 1,406,496 103 Paths&Trails 38,054 8,500 0 8,500 46,554 0 0 0 46,554 104 Hotel/Motel Tax-Tourism Facilities 182,347 357,500 0 357,500 539,847 0 0 0 539,847 105 Hotel/MotelTax 208,702 550,300 0 550,300 759,002 590,000 0 590,000 169,002 106 Solid Waste 42,874 178,500 0 178,500 221,374 178,500 0 178,500 42,874 107 PEG 301,182 90,000 0 90,000 391,182 24,500 130,000 154,500 236,682 120 CenterPlace Operating Reserve 300,000 0 0 0 300,000 0 0 0 300,000 121 Service Level Stabilization 5,461,789 6,500 0 6,500 5,468,289 0 0 0 5,468,289 122 Winter Weather Reserve 444,472 600 0 600 445,072 500,000 0 500,000 (54,928) 123 City Facilities Repair&Replacement 559,108 700 0 700 559,808 559,786 0 559,786 22 204 Debt Service LTGO 03 4,049 547,100 198,734 745,834 749,883 547,100 198,734 745,834 4,049 301 Capital Projects 1,594,088 801,000 0 801,000 2,395,088 671,189 0 671,189 1,723,899 302 Special Capital Projects 1,728,297 801,000 0 801,000 2,529,297 1,371,502 0 1,371,502 1,157,795 303 Street Capital Projects 75,538 11,767,791 0 11,767,791 11,843,329 11,767,791 0 11,767,791 75,538 309 Parks Capital Projects 98,461 264,550 100,950 365,500 463,961 352,050 100,950 453,000 10,961 310 Civic Facilities Capital Projects 1,182,548 345,400 0 345,400 1,527,948 0 198,734 198,734 1,329,214 311 Pavement Preservation 2,605,219 2,301,500 0 2,301,500 4,906,719 3,050,000 0 3,050,000 1,856,719 312 Capital Reserve 4,576,597 0 1,828,723 1,828,723 6,405,320 1,524,559 0 1,524,559 4,880,761 313 City Hall Construction 4,800,627 0 7,946,088 7,946,088 12,746,715 294,400 12,451,520 12,745,920 795 51,702,550 61,857,694 10,556,229 72,413,923 124,116,473 65,788,757 15,323,295 81,112,052 43,004,421 Sources Uses Revenues Appropriations Estimated Beginning Ending Fund Working Adopted via Amended via Total Total Adopted via Amended via Total Working No. Working Capital Funds Capital Ord.15-019 Ord.16-008 Revenues Sources Ord.15-019 Ord.16-008 Appropriations Capital 402 Stormwater Management 1,896,925 1,871,500 175,000 2,046,500 3,943,425 2,240,115 251,100 2,491,215 1,452,210 403 Aquifer Protection Area 921,660 2,000,000 0 2,000,000 2,921,660 2,000,000 0 2,000,000 921,660 501 Equipment Rental&Replacement 1,248,997 102,333 4,667 107,000 1,355,997 330,000 0 330,000 1,025,997 502 Risk Management 194,383 325,000 0 325,000 519,383 325,000 0 325,000 194,383 4,261,965 4298,833 179,667 4,478,500 8,740,465 4,895,115 251,100 5,146,215 3,594,250 Total of all Funds 55,964,515 66,156,527 10,735,896 76,892,423 132,856,938 70,683,872 15,574,395 86258267 46,598,671 Ordinance 16-008 amending the 2016 budget Page 2 of 2