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HomeMy WebLinkAboutOrdinances - 2009-19 - Adopting the Final Budget of the City of EW for fiscal year 2010 - 12/8/2009CITY OF EAST WENATCHEE, WASHINGTON ORDINANCE NO. 2009- AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF EAST WENATCHEE, WASHINGTON, ADOPTING THE FINAL BUDGET OF THE CITY FOR THE FISCAL YEAR COMMENCING JANUARY 1, 2010 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. made and filed its preliminary budget for the year 2010; 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. Section 1: Purpose. Adopt a City budget for the year 2010. Section 2: Adoption of 2010 Budget. In accordance with RCW 35A.33.075, the City Council adopts, by reference, the final budget for the year 2010 for the City of East Wenatchee, Washington. Section 3: Recognition of Estimated Beginning Fund Balances and Estimated Revenues: The 2010 Budget recognizes estimated revenues from the following fund sources: Fund Current Expense Fund Street Fund Community Developments Grant Fund Library Fund Hotel/IVlotel Tax Fund Drug Fund Criminal Justice Fund Events Fund Bond Redemption Fund Street Improvements Fund Capital Improvements fund Equipment Repair & Replacement Fund Total Estimated 2010 Estimated 2010 Beginning Fund Balance Revenue 612,280 5,939,750 46,717 1,073,700 9,782 79,000 7,249 2,750 28,698 77,500 9,684 2,000 43,716 37,800 1,684 154,450 637 197,600 93,262 37,500 227,053 213,500 308 2,000 1,081,070 7,817,550 Page 1 of 4 Section 4 Funds Appropriated. The 2010 Budget is appropriated by fund as follows: Fund Current Expense Fund Street Fund Community Developments Grant Fund Library Fund Hotel/Motel Tax Fund Drug Fund Criminal Justice Fund Events Fund Bond Redemption Fund Street Improvements Fund Capital Improvements fund Equipment Repair & Replacement Fund Total 2010 Appropriation 6,552,030 1,120,417 88,782 9,999 106,198 11,684 81,516 156,134 198,237 130,762 440,553 2,308 8,898,620 Section 5: 2010 Financial Budget Summarized Cash Flow by Fund and Combined: The following is a summary cash flow schedule for 2010 with estimated revenue by fund and in total, and budgeted expenditures by fund and in total. Estimated Estimated Fund Balance Estimated Budgeted Fund Balance Fund 1-Jan-10 Revenues Expenditures 31-Dec-10 Current Expense Fund 612,280 5,939,750 6,098,629 453,401 Street Fund 46,717 1,073,700 1,009,000 111,417 Community Developments Grant Fund 9,782 79,000 80,000 8,782 Library Fund 7,249 2,750 3,400 6,599 Hotel/Motel Tax Fund 28,698 77,500 75,000 31,198 Drug Fund 9,684 2,000 3,000 8,684 Criminal Justice Fund 43,716 37,800 36,000 45,516 Events Fund 1,684 154,450 154,640 1,494 Bond Redemption Fund 637 197,600 197,713 524 Street Improvements Fund 93,262 37,500 66,000 64,762 Capital Improvements fund 227,053 213,500 - 440,553 Equipment Repair & Replacement Fund 308 2,000 - 2,308 Total 1,081,070 7,817,550 7,723,382 1,175,238 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. Page 2 of 4 Section 7: Transmittal. The City Treasurer shall transmit a complete copy of the final budget for 2010 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. Section 9: Effective Date. This Ordinance becomes effective on January 1, 2010. Passed by the City Council of East Wenatchee, at a regular meeting thereof on this day of err) ber , 2009. A TEST/AUT ENTICATED: m-p--) L&i� - CITY CLERK, DANA BARNARD APP VED AS7 FORM: CITY ATTORNEY, DEVIN POULSON FILED WITH THE CITY CLERK: 11/18/09 PASSED BY THE CITY COUNCIL: �;a-'/O� jvq PUBLISHED: 14tJ109 EFFECTIVE DATE: Page 3 of 4 Of the City of East Wenatchee, Washington On this �'�day of bam-" be,-, 2009, the City Council of the City of East Wenatchee, Washington, passed Ordinance No. 2009- . A summary of the content of said ordinance consisting of the title, provides as follows: AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF EAST WENATCHEE ADOPTING THE FINAL BUDGET OF THE CITY FOR THE FISCAL YEAR COMMENCING JANUARY 1, 2010. DATED December , 2009. Dana Barnard, City Clerk Page 4 of 4