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HomeMy WebLinkAbout4559 Ordinance - 2021-2022 Mid-Biennium Operating Budget Adjustments ORDINANCE NO. 4559 AN ORDINANCE AMENDING THE 2021-2021 BIENNIAL OPERATING BUDGET OF THE CITY OF PASCO BY PROVIDING SUPPLEMENT THERETO; BY APPROPRIATING REVENUE RECEIVED IN EXCESS OF ESTIMATED REVENUES FOR THE CURRENT BIENNIAL AND BY PROVIDING TRANSFERS AND ADJUSTMENT AUTHORITY. WHEREAS,on December 7,2020,the Pasco City Council approved Ordinance No.4503, adopting the 2021-2022 Biennial Budget; and WHEREAS, staff has identified the need to make certain revisions to the 2021-2022 Biennial Budget; and WHEREAS, a Public Hearing has been held subsequent to due notice, and the City Council has after consideration, deemed the proposed Mid-Biennial adjustment to the Biennial Budget necessary and appropriate. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PASCO, WASHINGTON DO ORDAIN AS FOLLOWS: Section 1. Pursuant to RCW 35A.34.130,the 2021-2022 Biennial 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 Name Revenue Expense Net Change No 100 General Fund $12,574,542 $19,845,697 110 City Street Fund $233,586 120 Arterial Street Fund $718,554 $150,559 $567,995 125 I-182 Corridor Traffic Impact Fund $1,442,415 130 Street Overlay Fund $790,364 140 Community Development Grant Fund $3,781,000 $3,801,345 145 Neighborhood Stabilization Program $4,234 150 Ambulance Services Fund $1,141,306 160 City View Cemetery Fund $87,911 161 Boulevard Perpetual Maintenance Fund $19,427 165 Athletic Program Fund $17,130 166 Golf Course $184,285 170 Senior Center Operating Fund $27,932 180 Multi-Modal Facility Fund $40,284 Ordinance-2021-2022 Mid-Biennium Operating Budget Adj - 1 185 Rivershore Trail&Marina Maintenance Fund $7,214 189 Litter Abatement Fund $3,302 190 Revolving Abatement Fund $444 191 TRAC Development&Operating Fund $3,033 192 Park Development Fund $161,885 193 Capital Improvements Fund(REET) $8,050,341 194 Economic&Industrial Development Fund $12,000,000 $15,262,302 195 Stadium/Convention Center Fund $155,000 196 HoteUMotel Excise Ta7c $3,200 249 LID-249 $5,000 $5,000 250 LID-250 $172,000 $220,000 200 LID-Guaranty Fund $71,700 $71,700 244 LID-244 $19,984 245 LID-245 $51,703 367 General Capital Projects $9,375,965 $8,928,236 $447,729 410 Utility $1,101,572 $5,258,801 510 Equipment Rental Operations Fund-Government $226,058 $435,990 T e 515 Equipment Rental Replacement Fund-Government $271,601 $316,601 T - e 521 Medical Insurance Fund $25,324 522 DentalInsurance Fund $2,048 610 Old Fire Pension Fund $3,484 619 Old Fire Other Post Employment Benefit Fund $2,519 Total $40,297,992 $60,696,524 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. 4503 as previously adopted heretofore shall remain unchanged. Section 4. This Ordinance,being an exercise of a power specifically delegated to the City legislative body,is not subject to referendum, and shall take full force and effect five(5) days after approval, passage and publication as required by law. Ordinance-2021-2022 Mid-Biennium Operating Budget Adj -2 PASSED by the City Council of the City of Pasco,Washington this 22nd day of November, 2021. Saul Martinez Mayor ATTEST: APPROVED AS TO FORM: �(� �r� Debra Barham, CMC Kerr Fer n Law, PLLC City Clerk Cit torney Published: � .l�f� �� 2�/��� Ordinance-2021-2022 Mid-Biennium Operating Budget Adj-3