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Ord 01-408� ORDINANCE NO. 01-408 � AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF FEDERAL WAY, WASHINGTON, RELATING TO BUDGETS AND FINANCE, REVISING THE 2001-02 BIENNIAL BUDGET (AMENDS ORDINANCE NOS. 00-377, O1-387 AND O1-406 . WHEREAS, certain revisions to the 2001-2002 Biennial Budget are necessary; and WHEREAS, these revisions are a result of the mid-biennium budget adjustment; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF FEDERAL WAY, WASHINGTON, DOES HEREBY ORDAIN AS FOLLOWS: Section l. Amendment. Ordinance 00-387, Section 1, is hereby amended to adopt the revised budget for the years 2001-2002 biennium as follows: "Section 1. 2001-2002 Biennial Bud�et. That the budget for the 2001-2002 biennium is hereby adopted in the amounts and for the purposes as shown on the attached Exhibit A& B(2001 and 2002 Revised Budgets)." Section 2. Severabilitv. The provisions of this ordinance are declared separate and severable. The invalidity of any clause, sentence, paragraph, subdivision, section, or portion of this ordinance or the invalidity of the application thereof to any person or circumstance, shall not affect the validity of the remainder of the ordinance, or the validity of its application to other persons or circumstances. o�.# 0�_408 ,pA�E � Q R S GI N�L � � Section 3. Ratification. Any act consistent with the authority and prior to the effective date of this ordinance is hereby ratified and affirmed. Section 4. Effective Date. This ordinance shall take effect and be in force five (5) days from the time of its final passage, as provided by law. PASSED by the City Council of the City of Federal Way this 4th day of December ,2001. CITY OF FEDERAL WAY ATTEST: APPROVED AS TO FORM: ' _ �'E MAYOR, M � ��1 ��� - . �. .�. ... . . FILED WITH THE CITY CLERK: 11/13/O1 PASSED BY THE CITY COLTNCIL: 12/04/0l PUBLISHED: 12/08/O1 EFFECTIVE DATE: 12/09/O1 ORDINANCE NO. 01-408 K:\fin\biennial\ordinance\Ol midbiord.doc ORD. # O1-408 , PAGE 2 ordinance Ot EXHIBIT A 2001 REVISED BUDGET Revenues:&tltherSotirces: : : : : : : `: : : : : : i: : : : : : : : : >: : : : i: : :! : ' 's'n'drtuies &:Othe'rUses: : »: i: : i: : FnnilBe/ance : ': : f. : : : : : : : Rev+seil: : : : : >: Ghahgeld:: : : : : : Re:veh'ue: : : : : : : :ReviSed : : : : : :R@Vi�ed: : : : : : Ekpei�diCUrs: : : : : : Revised : : : : : :ReServBdL : : FuNd . . . . . . : : . . . : : : � N) �al : : . . : : :RBVende. : . : : .FUnd 8dlal+eia: : : : :A �UStn?Cqt. . . : : : >Bpd9Bt . : : . : . : BUd 0t : : : . . : iQdjUSthtEnt. . . . . : .9Ud98( : . . : : 11n1@6Crv2G: : General Fund $ 6 620,444 $ 25 813 496 $ __ - 976,599 $ 33,410,539 $ 29,7 21,531 $ (72,000) $ 29,649,531 $ 3,7 61,008 _ . _ _ _. - - ---- -_---- _-- --_ ____---- Special Revenue Funds: ---- - --- - _ _ - - -- --- . .----- ---- -- ---- _ _ -- -- --- - - -- Street 3 794 246 - • 3,794 3,676,246 - 3,676,246 118,000 __. _ __ -- -__. -- ----- -- ------ Arterial Street 487,494 1 559,534 - - 2,047, 2,00 - 2,005,169 41,859 _ - -- - -- - _ _- --- - --- -- - ---- ---- --- --- _ _ - - Utility Tsx 4 407,436 6,266, - 10,673,835 4,452,949 - 4,452,949 6,220,886 -- ____ - __ ---- ---- _ _- ---- ----- ---- __--- ------ Solid Waste/Recyclin� 275,459 389,69 - - 665,154 407,034 - 407,034 258,120 - --- - - ------ - - _. _._ Special ContracUStudies 111,048 - - - 111,048 111,048 - 111,048 - _ - - - --- --- --- - __ ___ ---- Snow & Ice Removal 100,000 - - - 100,000 100,000 - 100,00 - - - -- - _ --- -- - HotellMotel Lod�ng Tax 58,483 121,500 - - t79,983 139,202 - 139,202 40,781 _ - - - - - ---- 2% forthe Arts t9,274 8,840 - - 28,114 28,114 - 28,114 - - - _ - - - -- ----- Grants - CDBG _ 6,439 592,516 598,955 597,616 597,616 1,339 _ Paths and Trails ___ 32,414 9,000 41,414 41,414 __.. Strategic Reserve 1,728,294 132,500 (0) 1,860,794 1,860,794 1,860,794 (0) __ , Airport Strategic Reserve 300,000 300,000 300,000 300,000 -- -- --- ._ -- - Debt Service Fund 6,038,386 5,159,031 0 (150,000) 11,047,417 4,779,404 - 4,779,404 6,268,013 __ ___ ___- -.._--- ----- --- Ca��tal Pro�ect Funds: - --- -- - - _ - -- -- - - -- ---- --- ----- Ciry Facilities 7 704,917 - 0 ______ __ - 7,704,917 7,684,958 - 7,684,958 19,959 _ _ _ __. - - - --- --- - - -- -- ---- ----- - - Parks � 1,041,353 1,050,420 0 • 2,091,773 2, - 2,048,043 43, _._ -_- ___ ...- ----� -- -_ __---- ------------- ------ ---- SWM 5378,047 1,807,331 (0) � 0 7185,378 5,628,711 - 5,628,711 1,556,667 � -- --- - .._..._ - �--- .___. __ _.. ..----- .__._ ._. _ Traffic 440,578 - 63309 - 503,887 55,737 - 55,737 448,150 __ _ __ _ --- _ Streets . 9,420,331 � � - 8,963,190 (63,309) - - 18320,211 17,144,960 - � 17,144,960 �� � 1,175,251 .. ... .. . _._ ..... _ . _ ._. .. . ... ..___. . .. . ._. . _ .....__ _. ... ... __. _.. EnterpriseFund: . . . _. . .. . ... . . . _ _ .. . . .. . _ . . . . . . . . . . _. .. . .. _ . . . . .. __.. _. . _ _. _. .. . . . Surface Water Management 751,394 3,496,509 . .- � - 4,247,903 3,911,230� - t0,t33 3,921.363 326,540 Dumas Bay Center 31,544 1,013,787 _ - � - 1,045,331 � � 1,025,191 - 1,025,191� 20,140 . . ... . .... _. ._._. _......_ _..._.__ ........ __._._. .._.. . __ ..._... Mternal Service Funds. . . Risk Mana ement 1 624,903 2 654,994 .. _ . . .9 . . ._.. . . _... _._ __. (0) __.. 15,000 4,294,897 ..-...- . .15.000 ..-. ._. -... 656.677 3,638,220 � ___ _.- --- -__--. .__. _ . _ .. . ._ . InformalionSystems 1,400,129 1,887,145 - - 3287,274 1,653,1 - 1,653,193 1,63 4,081 _ - -- - - __ ___ -_ ---- - - --- ---.._ _ - .. - _ __ --- --- --- - - Support Serwces 153,5 ____ 201,295 - 6,000 360,866 162,199 6, 000 168,199 192,667 -- -- __ --- --- - ---- - - - - - -- - -- -- - -- Fleet 8 Equ� 1 ,824,647 1,083,114 - 50,000 2,957,761 1 ,004,742 50,000 1,054,742 1,903,01 _ ---- -- --- ----- ---- - - --- Buildin s& Fumishin s 965,782 766,293 0 - 1,732,075 676,776 - 676,776 1,055,299 Graw: r : :; '�' : : d ota A Fua '. ds 5092 36 :::::... , 4 8 66;y�0,S35 ::::::::: ::. 1 : i: ::::sB97559: ::: 1:18590806: < i' 89818SY4: i: »::::' 81J3: : i' $98 5 S S S 2 57. 'S' ''387'85Y43: 10,000 CDBG Interfund Loan 300,000 Prefund p3 470,179 MVET Backfill-2002 Distribution Received 7/31/01 96,631 FMV on Investments 755,734 Fund Bafance Needed in 2002 165,330 Contingency needed in 2003 1,797,874 General Fund Reserved 250,440 Prefund 2002 Debt Service 76,100 Set aside for first 3 rtanths of operations until SWM Fees in 326,540 SWM Fund Reserved • � J k:\fin\bienniallordinanc�2001 mid-biennium adjustments.xls ordinance 01 11l13/2001 0821 AM � C� 2001 mid-biennium adjustments.xls ordinance 02 12/07/2001 10:23 AM 10,000 CDBG Intertund Loan 300,000 Prefund p3 96,631 FMV on Inveslments - Fund Balance Needed in 2002 165,330 ConGngency needed in 2002 571.961 General Fund Reserved 243,727 Prefund 2003 Debt Service 104,530 Set aside for first 3 months of operations until SWM Fees in 348,257 SWM Fund Reserved