HomeMy WebLinkAbout2958 Budget for 2008ORDINANCE N0.2958
AN ORDINANCE ADOPTING THE BUDGET FOR THE CITY OF PORT
TOWNSEND, WASHINGTON, FOR THE FISCAL YEAR ENDING
DECEMBER 31, 2008
WHEREAS, the City Manager of the City of Port Townsend, Washington,
completed and placed on file with the City Clerk a proposed budget and estimate of the
amount of monies required to meet the public expenses, bond retirement and interest,
reserve funds and expenses of governrent of the City for the fiscal year ending
December 31, 2008 (the "2008 Preliminary Budget"), and a notice was published that the
City Council would meet on the 29th of October 2007 and 5th of November 2007 and
10th of December at the hour of 6:30 p.m., at City Hall for the purpose of making and
adopting a budget for the fiscal year 2008 and giving taxpayers within the city limits of
the City an opportunity to be heazd about the Preliminazy Budget; and
WHEREAS, the City Council did meet in City Council Chambers on
October 29, 2007 and November 5, 2007, and December 10, 2007, and consider the
matter of the 2008 Preliminary Budget; and
WHEREAS, the 2008 Preliminazy Budget does not exceed the lawful limit of
taxation allowed by law to be levied on the property within the City of Port Townsend for
the purposes set forth in the 2008 Preliminazy Budget, and the estimated expenditures in
each fund set forth in the 2008 Preliminary Budget are all necessary to carry on the
government of the City for fiscal year 2008, and are all necessary to meet the various
needs of the City during the period,
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PORT
TOWNSEND, WASHINGTON, DOES ORDAIN AS FOLLOWS:
Section 1. The budget for the City of Port Townsend, Washington, for the fiscal
year 2008, is hereby adopted at fund level as set forth in the document entitled "City of
Port Townsend Final Budget 2008" tluee copies of which are on file with the City Clerk.
Section 2. Estimated resources, including fund balances for working capital for
each separate fund of the City of Port Townsend, and aggregate totals for all such funds
combined, for the year 2008, are set forth in summazy form below, and are hereby
appropriated for expenditure at the fund level during the year 2008:
FUND
General
Public Works Admin & Engineering
Library
Community Services
Fire & EMS Services
APPROPRIATION
$7,451,360
$1,104,938
$ 771,028
$ 820,752
$1,209,549
Ordinance 2958
FUND APPROPRIATION
Street $ 889,675
Lodging Tax $ 352,395
Community Development Block Grant $ 50,000
System Development Charges $ 550,000
G.O. Debt Service $ 658,138
Capital Improvement $2,925,500
Water/Sewer Utility $5,727,100
Utility Construction $1 ,419,000
Stormwater Utility $ 709,390
Transmission Line Replacement $ 55,000
1978 Water Bond Redemption $ 24,125
1992 Water/Sewer Revenue Bond Redemption $ 602,750
Equipment Rental $ 808,219
Firemen's Pension $ 83,600
Memorial $ 18,000
Golf Course $ 11,000
NW Mazitime Agency $ 154,000
GRAND TOTAL 26.395.519
Section 3. The City Clerk is directed to transmit a certified copy of the City of
Port Townsend Final Budget 2008 to the Office of State Auditor and to the Association
of Washington Cities.
Section 4. This ordinance shall take effect upon its passage, approval, and
publication in the form and manner provided by law.
ADOPTED by the City Council of the City of Port Townsend, Washington, at a
special meeting thereof, held this seventeenth day of December 2007.
Arrest:
~.>~ ~ l~la~' _
Pamela Kolacy, MMC, City Clem
v ~L
Mark Welch, Mayor
Approved as to farm:
J .~
John Watts, City Attorney
Ordinance 2958