HomeMy WebLinkAboutOrdinances - 2020-20 - Adopting the annual budget of the City for the fiscal year commencing January 1, 2021. - 12/12/2020
City of East Wenatchee Ordinance 2020-20 Page 1 of 5
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CITY OF EAST WENATCHEE, WASHINGTON
ORDINANCE NO. 2020-20
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, 2021.
Una Ordenanza de la Ciudad de East Wenatchee Washington, se modifica
L Ordenanza Numero 2020-20 que establecio la Ciudad de East Wenatchee
2021 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 2021;
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 2021.
Section 2: Adoption of 2021 Budget. In accordance with RCW 35A.33.075, the City
Council adopts, by reference, the final budget for the year 2021 for the City of
East Wenatchee, Washington.
Section 3: Recognition of Estimated Beginning Fund Balances and Estimated Revenues:
The 2021 budget recognizes estimates for its beginning fund balances and
estimated revenues for 2021 from the following fund sources:
Fund & Fund Number Projected Beginning
Fund Balance 1/1/2021
Estimated 2021 Revenue
General – 001 $2,623,520 $7,672,005
City of East Wenatchee Ordinance 2020-20 Page 2 of 5
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Street – 101 161,082 1,281,000
Comm. Dev. Grants – 102 37,431 74,764
Trans. Benefit District – 105 212,610 -
Library – 112 12,807 7,500
Hotel/Motel Tax – 113 100,145 225,000
Drug – 114 1,615 100
Criminal Justice – 116 5,096 20,500
Events – 117 5,119 156,750
Bond Redemption – 202 720,458 -
Street Improvements – 301 328,212 6,968,476
Capital Improvements – 314 1,196,458 5,400,000
Stormwater – 401 2,013,576 601,875
Equipment Purchase,
Maintenance & Replacement –
501
101,316 802,000
Total Cash Balances $7,519,445 $23,209,970
Section 4: Funds Appropriated. The 2021 budget is appropriated by fund as follows:
Fund & Fund Number 2020 Appropriation
General – 001 $10,295,525
Street – 101 1,442,082
Comm. Dev. Grants – 102 112,195
Trans. Benefit District – 105 212,610
Library – 112 20,307
Hotel/Motel Tax – 113 325,145
Drug – 114 1,715
Criminal Justice – 116 25,596
Events – 117 161,869
Bond Redemption – 202 720,458
Street Improvements – 301 7,296,688
Capital Improvements – 314 6,596,458
Stormwater – 401 2,615,451
Equipment Purchase, Maintenance &
Replacement – 501
903,316
Total Cash Balances $30,729,415
City of East Wenatchee Ordinance 2020-20 Page 3 of 5
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Section 5: 2021 Financial Budget Summarized Cash Flow by Fund and Combined.
The following is a summary cash flow schedule for 2021 with estimated
beginning balances, estimated revenue, fund transfers and budgeted expenditures
by fund, and in total for 2021.
Fund & Fund Number Projected
Beginning
Balance,
1/1/2021
Budgeted
2021
Revenues
Budgeted 2021
Expenditures
Projected
Ending
Balance,
12/31/2021
General – 001 $2,623,520 $7,672,005 $(8,450,197) $1,845,328
Street – 101 161,082 1,281,000 (1,332,450) 109,632
Comm. Dev. Grants – 102 37,431 74,764 (74,764) 37,431
Trans. Benefit District – 105 212,610 - (196,000) 16,610
Library – 112 12,807 7,500 (6,500) 13,807
Hotel/Motel Tax – 113 100,145 225,000 (276,000) 49,145
Drug – 114 1,615 100 - 1,715
Criminal Justice – 116 5,096 20,500 (25,000) 596
Events - 117 5,119 156,750 (143,570) 18,299
Bond Redemption - 202 720,458 - (248,500) 471,958
Street Improvements - 301 328,212 6,968,476 (6,916,700) 379,988
Capital Improvements - 314 1,196,458 5,400,000 (1,432,000) 5,164,458
Stormwater - 401 2,013,576 601,875 (1,676,050) 939,401
E, P, M & R - 501 101,316 802,000 (512,100) 391,216
Total Cash Balances $7,519,445 $23,209,970 $(21,289,831) $9,439,584
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 2021 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.