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HomeMy WebLinkAbout3069 Adopting the 2012 Budget Ordinance 3069, 2012 Budget Page 1 of 2 ORDINANCE NO. 3069 AN ORDINANCE ADOPTING THE BUDGET FOR THE CITY OF PORT TOWNSEND, WASHINGTON, FOR THE FISCAL YEAR ENDING DECEMBER 31, 2012 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 government of the City for the fiscal year ending December 31, 2012 (the "2012 Preliminary Budget"), and a notice was published that the City Council would meet on the 21st of November 2011 at the hour of 6:30 p.m., at City Hall for the purpose of making and adopting a budget for the fiscal year 2012 and.giving taxpayers within the city limits of the City an opportunity to be heard about the Preliminary Budget; and WHEREAS, the City Council did meet in City Council Chambers on November 21, 2011 and December 5, 2011, and consider the matter of the 2012 Preliminary Budget; and WHEREAS, the 2012 Preliminary 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 2012 Preliminary Budget, and the estimated expenditures in each fund set forth in the 2012 Preliminary Budget are all necessary to carry on the government of the City for fiscal year 2012, 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 2012, is hereby adopted at fund level as set forth in the document entitled "City of Port Townsend Final Budget 2012" three 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 2012, are set forth in summary form below, and are hereby appropriated for expenditure at the fund level during the year 2012: OPERATING FUNDS APPROPRIATION General $6,529,493 Public Works Admin & Engineering $ 869,867 Library $ 994,284 Community Services $1,517,146 Fire & EMS Services $2,203,319 Local Improvement District#1 - Local Improvement District#2 - Ordinance 3069, 2012 Budget Page 2 of 2 Drug Enforcement and Education - OPERATING FUNDS APPROPRIATION Contingency - Street $ 659,198 Lodging Tax $ 317,571 Community Development Block Grant $ 132,000 Water/Sewer Utility $4,886,754 Stormwater Utility $ 774,873 Equipment Rental $ 772,223 Firemen's Pension $ 64,902 Operating Fund Subtotals $19,721,631 CAPITAL, DEBT, AND TRUST FUNDS APPROPRIATION Capital Improvement $ 4,376,028 System Development Charges $ 677,000 Transmission Line Replacement $ 969,500 G.O. Debt Service $ 1,166,028 1978 Water Sewer Revenue Bond Fund $ 21,500 1992/1998 Water/Sewer Revenue Bond Reserve Fund $ 72,220 Utility Construction Fund $ 1,930,000 Golf Course $ 18,700 Memorial $ 0 Capital, Debt & Trust Fund Subtotals $ 9,230,975 GRAND TOTAL $281952,606 Section 3. The City Clerk is directed to transmit a certified copy of the City of Port Townsend Final Budget 2012 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 regular meeting thereof, held this 12th day of December 2011. Michelle Sandoval, Mayor Attest. Approved as to form; Pa ela Kolacy, MMC p John Watts City Clerk City Attorney