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HomeMy WebLinkAboutOrdinances - 2010-19 - Adopting the Final Budget of the City of EW for fiscal year 2011 - 12/14/2010CITY OF EAST WENATCHEE, WASHINGTON ORDINANCE NO. 2010- l-t 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, 2011. 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. made and filed its preliminary budget for the year 2011; 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 2011. Section 2: Adoption of 2011 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. Page 1 of 5 Section ]: Recognition of Estimated Beginning Fund Balances and Estimated Revenues: The20ll Budget recognizes estimated revenues from the following fund sources: Estimated 2011 Estimated Fund Beginning 2011 Fund Balance Revenue Current Expense Fund 962.*61 8,209,523 Street Fund 117.782 722.700 Community Developments Grant Fund 2.034 98.*18 Library Fund 0.681 2.750 Hotel/Motel Tax Fund 19.017 51.000 Drug Fund 7.421 2,000 Criminal Justice Fund 48.*66 37.800 Events Fund 1.316 275.800 Bond Redemption Fund 40.220 172.755 Street Improvements Fund 175.721 588.000 Capital Improvements fund 581.940 145.000 Equipment nopairaReplacement Fund 7,486 0.00 Total 1,971,045 87� O4s 10,305,740 Smotino4: Funds Appropriated. The20]lBudget ioappropriated byfund onfollows: Fund 2011 Appropriation Current Expense Fund 8.172.484 Street Fund 840.482 Community Developments Grant Fund 100.452 Library Fund 9.431 Hotel/Motel Tax Fund 70.017 Drug Fund 9.421 Criminal Justice Fund 86,266 Events Fund 277.116 Bond Redemption Fund 212.875 Street Improvements Fund 763.721 Capital Improvements fund 726.940 Equipment Repair & Replacement Fund 7.486 Total ' 12,276,971 ���� Section 5: 2011 Financial Budget Summarized Cash Flow by Fund and Combined: The following is a summary cash flow schedule for 2011 with estimated revenue by fund and in total, and budgeted expenditures by fund and in total. Estimated Estimated Fund Fund Balance Estimated Budgeted Balance 31-Dec- Fund 1-Jan-2011 Revenues Expenditures 2011 Current Expense Fund 962,961 8,209,523 7,998,452 1,174,032 Street Fund 117,782 722,700 755,500 84,982 Community Developments Grant Fund 2,034 98,418 98,418 2,034 Library Fund 6,681 2,750 3,600 5,831 Hotel/Motel Tax Fund 19,017 51,000 51,000 19,017 Drug Fund 7,421 2,000 3,000 6,421 Criminal Justice Fund 48,466 37,800 45,000 41,266 Events Fund 1,316 275,800 275,600 1,516 Bond Redemption Fund 40,220 172,755 199,712 13,263 Street Improvements Fund 175,721 588,000 596,000 167,721 Capital Improvements fund 581,940 145,000 221,000 505,940 Equipment Repair & Replacement Fund 7,486 - - 7,486 Total 1,971,045 10,305,746 10,247,282 2,029,509 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. Section 7: Transmittal. The City Treasurer shall transmit a complete copy of the final budget for 2011 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 S: 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, 2011. Passed by the City Council of East Wenatchee, at a regular meeting thereof on this 1 day of 2010. ATTEST/AUTHENTICATED: CITY CLERK, DANA BARNARD APPROVED AS TO FORM: CITY ATTORNEY, DEVIN POULSON FILED WITH THE CITY CLERK: 11 / 17/ 10 PASSED BY THE CITY COUNCIL: T Z. J I -{ � / 0 PUBLISHED: 1 Z 11 '7 1 a EFFECTIVE DATE: i 1I Zol i Page 4of5 SUMMARY OF ORDINANCE NO. 2010-_ft_ OF THE CITY OF EAST WENATCHEE, WASHINGTON On this :'f `day of L66m LgZj, , 2010, the City Council of the City of East Wenatchee, Washington, passed Ordinance No. 2010-,—. 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, 2011. DATED December ) Lj-", 2010. Dana Barnard, City Clerk Page 5 of 5