Loading...
HomeMy WebLinkAbout4749 Ordinance - 2025-2026 Biennial Operating BudgetOrdinance – 2025-2026 Operating Budget - 1 ORDINANCE NO. 4749 AN ORDINANCE OF THE CITY OF PASCO, WASHINGTON, APPROVING THE OPERATING BUDGET FOR THE 2025-2026 BIENNIUM. WHEREAS, subsequent to due notice and public hearing thereon, the City Council for the City of Pasco seeks to approve an operating budget for the 2025-2026 biennium. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PASCO, WASHINGTON DO ORDAIN AS FOLLOWS: Section 1. The following budget containing the totals set forth for each fund for the 2025-2026 biennium is hereby adopted. OPERATING BUDGET FOR 2025-2026 Fund Name Budgeted Beginning Fund Balance Revenues & Resource Inflow Expenditure & Resource Outflows Budgeted Ending Fund Balance General Fund 31,264,925 158,674,724 171,871,410 18,068,239 City Streets 647,542 4,677,189 5,909,486 (584,755) Arterial Streets 1,133,548 1,041,757 327,154 1,848,151 I-182 Corridor Impact 1,176,717 1,210,000 539,616 1,847,101 Street Overlay 2,091,426 2,376,000 2,229,089 2,238,337 CDBG and HOME 9,605 2,630,360 2,554,946 85,019 MLK Center 15,194 309,700 373,954 (49,060) Ambulance 7,248,206 26,974,216 28,168,506 6,053,916 ARPA 50,630 3,907,157 3,957,787 - Cemetery 523,697 644,500 833,891 334,305 Boulevard Maintenance 2,095,226 237,541 298,085 2,034,682 Athletics 307,291 400,700 359,334 348,657 Golf Course 309,767 264,000 50,000 523,767 Ordinance – 2025-2026 Operating Budget - 2 Fund Name Budgeted Beginning Fund Balance Revenues & Resource Inflow Expenditure & Resource Outflows Budgeted Ending Fund Balance Animal Control 73,579 4,732,716 4,806,295 - Senior Center 159 368,200 308,775 59,584 Multi-Modal Facility 317,347 416,882 152,166 582,063 School Impact 83,990 5,000,000 4,981,900 102,090 Rivershore Trail & Marina 37,198 58,300 44,277 51,221 Lodging Tax - 1,186,155 1,186,155 - Litter Abatement 86,340 700 9,882 77,158 Revolving Abatement 2,442 438,400 416,251 24,591 HAPO 105,978 377,700 454,393 29,285 Park Development 2,724,929 2,235,500 1,987,737 2,972,692 Capital Improvement 8,104,674 5,725,000 3,304,569 10,525,105 Economic Development 15,606,207 3,575,000 4,164,307 15,016,900 Stadium 154,994 686,544 469,088 372,450 Hotel Motel 1,819,119 1,721,000 2,861,166 678,953 Local Improvement Districts 219,941 219,941 - Construction 64,402,563 64,402,563 - Utility 60,283,227 168,281,921 186,281,536 42,283,612 Equip Oper & Maintenance (10,100) 5,143,900 6,297,203 (1,163,403) Utilities Fund Fuel - 400,000 400,000 - Equipment Replc Govt 9,261,874 2,048,224 977,566 10,332,532 Equipment Replc Utility 6,059,692 1,504,545 560,000 7,004,237 Health Benefit Funds 2,919,070 19,622,539 19,582,536 2,959,073 Ordinance – 2025-2026 Operating Budget - 3 Fund Name Budgeted Beginning Fund Balance Revenues & Resource Inflow Expenditure & Resource Outflows Budgeted Ending Fund Balance Cemetery Endowment 769,366 56,000 - 825,366 Old Fire Pension 835,885 934,672 218,637 1,551,920 Old Fire OPEB 65,403 954,540 152,648 867,295 Total City Budget Balances 156,175,147 493,438,786 521,712,849 127,901,083 Section 2. The City of Pasco’s 2025-2026 Operating Budget shall be in full force and effect on January 1, 2025. Section 3. Severability. If any section, subsection, sentence, clause, phrase or word of this ordinance should be held to the invalid or unconstitutional by a court of competent jurisdiction, such invalidity or unconstitutionality thereof shall not affect the validity or constitutionality of any other section, subsection, sentence, clause phrase or word of this ordinance. Section 4. Corrections. Upon approval by the city attorney, the city clerk or the code reviser are authorized to make necessary corrections to this ordinance, including scrivener’s errors or clerical mistakes; reference to other local, state, or federal laws, rules, or regulations; or numbering or referencing of ordinances or their sections and subsections. Section 5. Effective Date. This ordinance shall take full force and effect five (5) days after approval, passage and publication as required by law. PASSED by the City Council of the City of Pasco, Washington, this 9th day of December, 2024. _____________________________ Pete Serrano Mayor ATTEST: APPROVED AS TO FORM: ______________________________ ________________________________ Debra Barham, MMC Kerr Ferguson Law, PLLC City Clerk City Attorneys Published: December 15, 2024