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HomeMy WebLinkAbout4667 Ordinance - 2023-2024 Supplemental Capital Projects Budget CarryoverORDINANCE NO.4667 AN ORDINANCE OF THE CITY OF PASCO, WASHINGTON, AMENDING THE 2023-2024 BIENNIAL BUDGET (ORDINANCE NO. 4620) OF THE CITY OF PASCO, WASHINGTON, BY PROVIDING SUPPLEMENT THERETO; TO PROVIDE FOR ADDITIONAL APPROPRIATION FROM THE CARRYOVER OF PRIOR YEAR BUDGET TO COMPLETE CAPITAL PROJECTS. WHEREAS, on November 28, 2022, the Pasco City Council approved Ordinance No. 4620, adopting the 2023-2024 Biennial Capital Projects Budget; and WHEREAS, it is necessary to carry over unexpended appropriations from the prior budget period to the current budget period for uncompleted capital improvement projects and capital equipment purchases; and WHEREAS, the Pasco Finance Department collaborates with City Departments that manage project activity, completion and funding needs to determine carryover fund applicability to individual capital improvement projects; and WHEREAS, the budgetary availability of funds has been identified and the City Council of the City of Pasco finds and determines that such amendment of the 2023-2024 Biennial Budget is in the best interests of residents of the City of Pasco and will promote the general health, safety and welfare. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PASCO, WASHINGTON, DO ORDAIN AS FOLLOWS: Section 1. Pursuant to RCW 35A.34.200, the 2023-2024 Biennial Budget be and the same is hereby amended to provide for carry forward of unexpended balances of a preceding budget, amending revenues, transfers in, expenditures, and transfers out by providing authority for any necessary transfer of money within or between funds indicated, and their subsequent impact to end fund balance: Fund GENERALFUND ARTERIAL STREET FUND I-182 CORRIDOR TRAFFIC IMPACT FUND STREET OVERLAY FUND COMMUNITY DEVELOPMENT GRANT FUND AMERICAN RESCUE PLAN ACT FUND MARINA FUND PARK DEVELOPMENT FUND CAPITAL IMPROVEMENT FUND - REET ECONOMIC DEVELOPMENT FUND EXPENDITURES REVENUE 4,494,335 860,863 1,526,865 5,069,124 137,375 9,986,984 200,000 2,283,896 10,531,384 728,530 Ordinance — 2023-2024 Supplemental Capital Projects Budget Carryover — 1 STADIUM/CONVENTION CENTER FUND 469,232 GENERAL CAPITAL PROJECTS 41,126,390 41,118,053 WATER/SEWER UTILITY FUND 63,550,525 37,960,483 EQUIPMENT REPLACEMENT FUND - GOVT 1,414,383 EQUIPMENT REPLACEMENT FUND - UTILITY 1,791,673 Total $144,171,559 $ 79,078,536 Section 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. Section 3. Except as amended herein, Ordinance No. 4620 as previously adopted heretofore shall remain unchanged Section 4. Severability. If any section, subsection, sentence, clause, phrase, or word of this Ordinance is held to be 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 5. 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 6. 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, 2023. Blanche Barajas Mayor ATTEST: C �— Debra Barham, CMC City Clerk Published: .( Z3 Washington, on this 1" day of May, APPROVED AS TO FORM: Derr Fergus aw, PLLC City AV<Meys Ordinance — 2023-2024 Supplemental Capital Projects Budget Carryover — 2