HomeMy WebLinkAboutResolution No. 2023-14 - 2024 PPFD BudgetRESOLUTION NO.2023-14
A RESOLUTION OF THE PASCO PUBLIC FACILITIES DISTRICT
BOARD, TO APPROVE THE 2024 PASCO PUBLIC FACILITIES DISTRICT
BUDGET.
WHEREAS, the Pasco Public Facilities District (PPFD) was duly formed pursuant to
Chapter 35.57 of the Revised Code of Washington on July 15, 2002, by the adoption of City of
Pasco Ordinance No. 3558, and granted all powers provided by law pursuant to RCW 35.57.010;
and
WHEREAS, on October 17, 2023, City of Pasco Finance Director presented the proposed
2024 PPFD Budget to the PPFD Board; and
WHEREAS, on November 21, 2023, the proposed 2024 PPFD Budget was provided to
the PPFD Board in the meeting packet; and
WHEREAS, after reviewing the propose 2024 Budget presented by staff, the PPFD Board
seeks to approve the 2024 PPFD Budget.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
THE PASCO PUBLIC FACILITIES DISTRICT as follows:
The Pasco Public Facilities District Board of Directors does hereby approve its Budget for
the year 2024, attached hereto as Exhibit A.
Be it further resolved that this Resolution shall take effect on January 1, 2024.
PASSED by the Pasco Public Facilities District Board of Directors, of Pasco, Washington,
this 1 day of f , 202�.
PASCO PUBLIC FACILITIES DISTRICT
rk Morrissetie, Board President
ATTEST:
Caroline Bowdish, 'ecretary/Treasurer
Pasco Public Facilities District
APPROVED AS TO FORM:
Kerr Fergus�PPFD
Attorne
Resolution — 2023-14 - 1
Pasco Public Facility District
2024 Budget
Adopted Budget Amendments
Amended
Budget
Fund
REVENUE
30
30.9999
Beginning Balance
$
2,265,884.00
31
31.1341
Local Sales Tax
$
4,200,000.00
$
4,200,000.00
31.1311
PFD Sales Tax
$
840,000.00
$
840,000.00
31 Totals
$
5,040,000.00
$
5,040,000.00
36
$
36.6900
Refunds, Reimbursements, Rebates
$
$
-
36 Totals
$
$
-
PPFD REVENUE TOTALS
$
5,040,000.00
$
5,040,000.00
EXPENSE
$
53
$
-
53.321
Forms Stationary Bus Cards
$
100.00
$
100.00
53 Totals
$
100.00
$
100.00
54
$
-
54.4524
Advertising
$
500.00
$
500.00
54.4530
Legal Combined Services
$
12,000.00
$
12,000.00
54.4540
Organizational Services
$
954,000.00
$
954,000.00
54.4510
Dues Subscriptions
$
500.00
$
500.00
54.4512
Training Registration Tuition
$
1,000.00
$
1,000.00
54.4541
Professional Services
$
1,050,000.00
$
1,050,000.00
54.4635
Insurance Premiums
$
3,600.00
$
3,600.00
54 Totals
$
2,021,600.00
$
2,021,600.00
56
$
-
56.6110
Land & Land Improvements
$
3,000,000.00
$
3,000,000.00
56 Totals
$
3,000,000.00
$
3,000,000.00
PPFD EXPENSE TOTALS
$
5,021,700.00
$
5,021,700.00
BEGINNING BALANCE
$
2,265,884.00
$
2,265,884.00
REVENUE TOTALS
$
5,040,000.00
$
5,040,000.00
EXPENSE TOTALS
$
5,021,700.00
$
5,021,700.00
Pasco Public Facility District Totals
$
2,284,184.00
$
2,284,184.00