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HomeMy WebLinkAbout2888 Budget for 2005 ORDINANCE NO. 2888 AN ORDINANCE ADOPTING THE BUDGET FOR THE CITY OF PORT TOWNSEND, WASHINGTON, FOR THE FISCAL YEAR ENDING DECEMBER 31, 2005 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, 2005 (the "2005 Preliminary Budget"), and a notice was published that the City Council would hold a public hearing on the "2005 Preliminary Budget" on the sixth day of December 2004 at the hour of 6:30 p.m. for the purpose of making and adopting a budget for the fiscal year 2005 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 hold a public hearing on the "2005 Preliminary Budget" on the sixth day of December, 2004, and considered the matter of the 2005 Preliminary Budget; and WHEREAS, the 2005 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 2005 Preliminary Budget, and the estimated expenditures in each fund set forth in the 2005 Preliminary Budget are all necessary to carry on the government of the City for fiscal year 2005, and are all necessary to meet the various needs ofthe 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 2005, is hereby adopted at fund level as set forth in the document entitled "City of Port Townsend Final Budget 2005" 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 2005, are set forth in summary form below, and are hereby appropriated for expenditure at the fund level during the year 2005: FUND APPROPRIATION $6,812,488 $874,169 $658,164 $670,631 $1,479,948 o $0 General Public Works Admin & Engineering Library Community Services Fire & EMS Services Drug Enforcement & Education Contingency 1 Ordinance 2888 FUND APPROPRIATION Street $569,383 Lodging Tax $379,602 Fire Equipment Joint Maintenance $0 Community Development Block Grant $60,000 System Development Charges $650,000 G.O. Debt Service $2,095,798 Capital Improvement $1,850,416 Capital Improvement - City Hall/Annex $4,000,000 Capital Improvement - Fire Station $2,853,438 Water/Sewer Utility $4,235,747 Utility Construction $1,640,000 Stormwater Utility $615,933 Transmission Line Replacement $187,021 1978 Water Bond Redemption $21,000 1992 Water/Sewer Revenue Bond Redemption $606,000 Equipment Rental $646,496 Firemen's Pension $41,711 Memorial $0 NW Maritime Agency $632,000 GRAND TOTAL $31,579,945 Section 3. The City Clerk is directed to transmit a certified copy of the City of Port Townsend Final Budget 2005 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 business meeting thereof, held this thirteenth day of December 2004. ~..2L ',,-¿~ Catharine Robinson, Mayor Attest: Approved as to form: ~ E--"" ( 0 L--.c--- t . -S John Watts, City Attorney 2 Ordinance 2888