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ORD 14-781ORDINANCE NO. 14 -781 AN ORDINANCE of the City of Federal Way, Washington, relating to budgets and finance, adopting the 2015 -2016 Biennial Budget. WHEREAS, the tax estimates and budget for the City of Federal Way, Washington, for the 2015 -2016 fiscal biennium have been prepared and filed on October 7, 2014 as provided by Titles 35A.34 and 84.55 of the Revised Code of Washington; and WHEREAS, the budget was printed for distribution and notice published in the official paper of the City of Federal Way setting the time and place for hearing on the budget and said notice stating copies of the budget can be obtained on -line and at the Office of the City Clerk; and WHEREAS, the City Council of the City of Federal Way having held public hearings on November 4 and November 18, 2014, and having considered the public testimony presented; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF FEDERAL WAY, WASHINGTON, DO ORDAIN AS FOLLOWS: Section 1. 2015 -16 Biennial Budget. That the budget for the 2015 -2016 biennium is hereby adopted in the amounts and for the purposes as shown on the attached Exhibit A ( "2015- 2016 Proposed Budgets "). Section 2. Administration. The Mayor shall administer the Biennial Budget and in doing so may authorize adjustments to the extent that they are consistent with the budget approved herein. Section 3. Severability. Should any section, subsection, paragraph, sentence, clause, or phrase of this chapter, or its application to any person or situation, be declared unconstitutional or invalid for any reason, such decision shall not affect the validity of the remaining portions of Ordinance No. 14 -781 Page I of 4 Rev 1/10 this chapter or its application to any other person or situation. The City Council of the City of Federal Way hereby declares that it would have adopted this chapter and each section, subsection, sentence, clauses, phrase, or portion thereof, irrespective of the fact that any one or more sections, subsections, sentences, clauses, phrases, or portions be declared invalid or unconstitutional. Section 4. Corrections. The City Clerk and the codifiers of this ordinance are authorized to make necessary corrections to this ordinance including, but not limited to, the correction of scrivener /clerical errors, references, ordinance numbering, section/subsection numbers and any references thereto. Section 5. Ratification. Any act consistent with the authority and prior to the effective date of this ordinance is hereby ratified and affirmed. Section 6. Effective Date This ordinance shall be effective January 1, 2015. PASSED by the City Council of the City of Federal Way this 2 n day of December, 2014. CITY OF FEDERAL WAY YO ',JIM FERRELL ATTEST: . APPROVED AS TO FORM: j mm, /0 M x �'( CITY ATtOPEY, AMY JO PEARSALL Ordinance No. 14 -781 Page 2 of 4 Rev 1 /10 FILED WITH THE CITY CLERK: PASSED BY THE CITY COUNCIL PUBLISHED: EFFECTIVE DATE: ORDINANCE NO.: 11/14/2014 12/02/2014 12/05/2014 01/01/2015 14 -781 Ordinance No. 14 -781 Page 3 of 4 Rev 1 /10 EXHIBIT A 2015 -2016 Adopted Budget Ordinance No. 14 -781 Page 4 of 4 Rev 1/10 2015 2016 Beginning Beginning Ending Fund Fund Fund Balance Revenue Expenditure Fund Balance Revenue Fxpenditure Balance General Fund $ 12,194,685 $ 41,528,586 $ 42,385,070 $ 11,338,201 $ 42,709,838 $ 45,041,340 $ 9,006,700 Special Revenue Funds: Street 650,000 3,915,336 4,065,336 500,000 3,990,944 3,990,944 500,000 Arterial Street 100,000 1,515,500 1,515,500 100,000 1,515,500 1,515,500 100,000 Utility Tax 2,518,148 9,814,966 10,296,533 2,036,581 9,814,966 10,351,547 1,500,000 Solid Waste /Recycling 183,883 474,717 470,101 188,499 476,717 489,980 175,236 Special Contract/ Studies - - - - - - - Hotel/Motel Lodging Tax 245,300 200,300 200,300 245,300 200,300 200,300 245,300 2% for Arts - - - - - - - Community Center 1,636,738 2,198,500 2,288,724 1,546,515 2,198,500 2,199,112 1,545,903 Traffic Safety Fund 2,492,758 2,123,643 2,123,643 2,492,758 2,169,882 2,169,882 2,492,758 Real Estate Excise Tax 3,286,857 1,900,000 2,723,773 2,463,084 1,900,000 2,725,123 1,637,961 Utility Tax Proposition 1 1,002,600 2,868,824 2,841,965 1,029,459 2,868,824 2,898,284 1,000,000 Community Development 1 40,715 1,237,072 1,237,072 40,715 1,237,103 1,237,103 40,715 Paths and Trails 14,439 164,000 - 178,439 169,000 - 347,439 Strategic Reserve 3,000,000 - - 3,000,000 - - 3,000,000 Debt Service Fund 39,443 1,838,813 1,039,573 838,683 1,721,538 1,721,538 838,683 Capital Project Funds: Downtown Redevelopmen 25,459 - - 25,459 - - 25,459 Municipal Facilities 255 - - 255 - - 255 Parks 993,081 300,000 1,000,000 293,081 300,000 300,000 293,081 Surface Water Managernei 611,326 3,123,000 3,123,400 610,926 2,110,000 2,110,400 610,526 Transportation 424,675 12,810,000 8,470,000 4,764,675 12,733,000 14,585,000 2,912,675 Capital Project Reserve 480,000 - - 480,000 - - 480,000 Performing Arts and Conf 8,340,000 - 8,340,000 - - - - Fnterprise Fund: Surface Water Managemej 3,968,141 3,850,768 5,254,931 2,563,978 3,930,768 5,597,727 897,019 Dumas Bay Centre 302,859 751,251 1,012,071 42,040 751,251 719,827 73,464 Internal Service Funds: Risk Management 1,949,464 924,443 924,443 1,949,464 924,443 924,443 1,949,464 Information Technology 3,719,348 1,973,706 1,952,457 3,740,597 1,980,780 2,490,246 3,231,131 Mail & Duplication 216,054 128,482 145,001 199,535 128,482 111,369 216,648 Fleet & Equipment 6,456,498 2,187,598 3,081,275 5,562,821 2,017,798 1,824,075 5,756,545 Buildings & Furnishings 1,827,872 524,414 398,354 1,953,932 525,840 399,817 2,079,954 Health Insurance 1,960,179 4,205,220 2,614,999 3,550,400 4,205,220 2,614,999 5,140,621 Unemployment Insurance 1,685,026 224,825 224,825 1,685,026 224,825 224,825 1,685,026 Grand Total All Funds $ 60,365,804 $100,783,964 $ 107,729,344 $ 53,420,425 $100,805,519 $106,443,381 $ 47,782,563 Ordinance No. 14 -781 Page 4 of 4 Rev 1/10