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HomeMy WebLinkAbout4410 Ordinance ORDINANCE NO. 4410 AN ORDINANCE AMENDING THE 2018 ANNUAL OPERATING 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 2018 Annual Operating Budget originally adopted through Ordinance No. 4362 on November 20, 2017; 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 2018 Operating Budget be and the same is hereby amended to provide for the following adjustments to beginning fund balances, revenues, transfers in, expenditures, transfers out and ending fund balances by providing authority for any necessary transfer of money within or between funds indicated. Fund Fund Revenue Expense Net Change 185 Marina 200,000 (200,000) - Total 4,495,090 (3,709,340) 785,750 §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 the proper City officials are hereby authorized and directed to issue warrants and transfer funds in accordance with the provision of the Ordinance. §3. This Ordinance shall take effect five (5) days after passage and publication. Adopted by the City Council of the City of Pasco, thiscVd f , 2018. v, s, Mayor ( r0-1-e. AT EST: APPROVED AS TO FORM: 1�. . .'1 .� �� _A'_fI Daniela Erickson, City Clerk Leland B. Kerr, City Attorney