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HomeMy WebLinkAbout3851 Ordinance ORDINANCE NO. 3 U-S- AN ORDINANCE AMENDING THE 2007 ANNUAL BUDGET OF THE CITY OF PASCO BY PROVIDING SUPPLEMENT THERETO; BY APPROPRIATING REVENUE RECEIVED IN EXCESS OF ESTIMATED REVENUES FOR THE CURRENT YEAR AND BY PROVIDING TRANSFERS AND ADJUSTMENT AUTHORITY. WHEREAS, staff has identified the need to make certain revisions to the 2007 Annual Operating Budget originally adopted through Ordinance No.3805 on December 18,2006,and WHEREAS,a Public Hearing has been held subsequent to due notice,and the City Council has, after consideration,deemed the proposed Supplement to the Annual Operating Budget necessary and appropriate; NOW,THEREFORE, THE CITY COUNCIL OF THE CITY OF PASCO,WASHINGTON,DO ORDAIN AS FOLLOWS: §1. Pursuant to RCW 35A.33.120,the 2007 Operating Budget be and the same is hereby amended to provide for the following adjustments to revenue and expenditures,and by providing authority for any necessary transfer of money within or between funds as indicated. FUND REVENUE EXPENDITURE General Fund 1,500,000 1,500,000 M.L. King Center Fund 4,500 4,500 Ambulance Service Fund 100,000 100,000 Senior Center Fund 37,000 37,000 Multi-Modal Facility 8,000 8,000 Special Assessment Lodging Fund 15,000 15,000 Litter Abatement Fund 15,000 15,000 TRAC Development and Operating Fund 150,000 150,000 Central Stores Fund 20,000 20,000 $ 1,849,500 $ 1,849,500 The above items are shown as revenues and appropriations to specific budgets and items within budgets in the attachment marked"Exhibit 1-A -2007 Budget Supplement"the Expenditure/Revenue detail,which is incorporated herein as though fully set forth. §2. That the additions in appropriations and expenditures are hereby declared to exist in the above funds for the said uses and purposes as shown above and in the Exhibit and the proper City officials are hereby authorized and directed to issue warrants and transfer funds in accordance with the provisions of this Ordinance. §3. This ordinance shall take effect five(5)days after passage and publication. PASSED by the Cit ouncil of the City of Pasco,at its regular meeting on December 17,2007. Joy is Mayol APPRO D S TO FORM: ATTEST: Debra Clark,City Clerk Leland B.Kerr,City Attorney