HomeMy WebLinkAboutOrdinances - 2019-20 - Adopting the 2020 Annual Budget, Budget Ordinance - 12/3/2019
City of East Wenatchee Ordinance 2019-20
Page 1 of 5
Retain Ordinance until no longer needed for City-business, then transfer to Washington State Archives (GS50-05A-
16 Rev.1)
.
CITY OF EAST WENATCHEE, WASHINGTON
ORDINANCE NO. 2019-20
An ordinance of the City Council of the City of East Wenatchee,
Washington, adopting the annual budget of the City for the fiscal
year commencing January 1, 2020.
Una Ordenanza de la Ciudad de East Wenatchee Washington, se modifica
L Ordenanza Numero 2019-20 que establecio la Ciudad de East Wenatchee
2020 Prseupuesto.
_____________________________________________________________________________
1. Recitals
a. Preamble. The City of East Wenatchee (“City”) is a non-charter code city duly
incorporated and operating under the laws of the State of Washington; and
b. Conditions Precedent. Previously, the City Council of East Wenatchee (“City
Council”):
i. prepared and filed its preliminary budget for the year 2020;
ii. gave notice of the time and place of hearing thereon according to law;
iii. met in accordance with said notice; and
iv. considered the proposed budget.
c. Authority.
i. RCW 35A.11.020 authorizes the City Council to regulate local affairs and
provide municipal services.
The City Council of the City of East Wenatchee do ordain as follows:
Section 1: Purpose. Adopt a City budget for the year 2020.
Section 2: Adoption of 2020 Budget. In accordance with RCW 35A.33.075, the City
Council adopts, by reference, the final budget for the year 2020 for the City of
East Wenatchee, Washington.
Section 3: Recognition of Estimated Beginning Fund Balances and Estimated Revenues:
The 2020 budget recognizes estimates for its beginning fund balances and
estimated revenues for 2020 from the following fund sources:
City of East Wenatchee Ordinance 2019-20
Page 2 of 5
Retain Ordinance until no longer needed for City-business, then transfer to Washington State Archives (GS50-05A-
16 Rev.1)
Fund & Fund Number Projected Beginning
Fund Balance 1/1/2020
Estimated 2020 Revenue
General – 001 $2,956,013 $7,424,455
Street – 101 298,609 1,012,000
Comm. Dev. Grants – 102 77,954 219,619
Trans. Benefit District – 105 350,597 40,000
Debt Reserve – 110 660,000 -
Library – 112 11,372 7,000
Hotel/Motel Tax – 113 45,283 250,000
Drug – 114 1,516 100
Criminal Justice – 116 47,104 17,700
Events – 117 56,609 173,650
Bond Redemption – 202 8,669 815,000
Street Improvements – 301 903,671 3,584,702
Stormwater Improvements – 308 103,090 -
Capital Improvements – 314 1,032,032 5,350,000
Stormwater – 401 - 3,386,090
Equipment Purchase,
Maintenance & Replacement –
501
143,100 350,000
Total Cash Balances $6,695,619 $22,630,316
Section 4: Funds Appropriated. The 2020 budget is appropriated by fund as follows:
Fund & Fund Number 2020 Appropriation
General – 001 $10,380,468
Street – 101 1,310,609
Comm. Dev. Grants – 102 297,573
Trans. Benefit District – 105 390,597
Debt Reserve – 110 660,000
Library – 112 18,372
Hotel/Motel Tax – 113 295,283
Drug – 114 1,616
Criminal Justice – 116 64,804
Events – 117 230,259
Bond Redemption – 202 823,669
Street Improvements – 301 4,488,373
Stormwater Improvements – 308 103,090
Capital Improvements – 314 6,382,032
Stormwater – 401 3,386,090
Equipment Purchase, Maintenance &
Replacement – 501
493,100
Total Cash Balances $29,325,935
City of East Wenatchee Ordinance 2019-20
Page 3 of 5
Retain Ordinance until no longer needed for City-business, then transfer to Washington State Archives (GS50-05A-
16 Rev.1)
Section 5: 2020 Financial Budget Summarized Cash Flow by Fund and Combined.
The following is a summary cash flow schedule for 2020 with estimated
beginning balances, estimated revenue, fund transfers and budgeted expenditures
by fund, and in total for 2020.
Fund & Fund Number Projected
Beginning
Balance,
1/1/2020
Budgeted
2020
Revenues
Budgeted 2020
Expenditures
Projected
Ending
Balance,
12/31/2020
General – 001 $2,956,013 $7,424,455 $(7,784,655) $2,595,813
Street – 101 298,609 1,012,000 (1,175,872) 134,737
Comm. Dev. Grants – 102 77,954 219,619 (219,619) 77,954
Trans. Benefit District – 105 350,597 40,000 (375,000) 15,597
Debt Reserve – 110 660,000 - (660,000) -
Library – 112 11,372 7,000 (6,040) 12,332
Hotel/Motel Tax – 113 45,283 250,000 (205,000) 90,283
Drug – 114 1,516 100 - 1,616
Criminal Justice – 116 47,104 17,700 - 64,804
Events - 117 56,609 173,650 (173,810) 56,449
Bond Redemption - 202 8,669 815,000 (535,811) 287,858
Street Improvements - 301 903,671 3,584,702 (4,361,908) 126,465
Stormwater Improvements -
308
103,090 - (103,090) -
Capital Improvements - 314 1,032,032 5,350,000 (2,795,000) 3,587,032
Stormwater - 401 - 3,386,090 (1,306,200) 2,079,890
E, P, M & R - 501 143,100 350,000 (426,700) 66,400
Total Cash Balances $6,695,619 $22,630,316 $(20,128,705) $9,197,230
Section 6: Final Budget on File. A detailed final budget, including a list of revenues and
expenditures for each separate fund, shall be on file with the City Clerk of the
City of East Wenatchee, East Wenatchee, Washington. The City Council also
directs the City Clerk to upload a copy of the final budget to the City’s website.
Section 7: Transmittal. The City Treasurer shall transmit a complete copy of the final
budget for 2020 as adopted, together with a copy of this adopting ordinance to the
Division of Municipal Corporations of the State Auditor and to the Association of
Washington Cities.
Section 8: Publication. The City Council directs the City Clerk to publish a summary of this
Ordinance. The summary shall consist of the title of this Ordinance.