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HomeMy WebLinkAbout3226 Adopting 2019 Supplemental Budget Appropriations Ordinance 3226 ORDINANCE NO. 3226 AN ORDINANCE OF THE CITY OF PORT TOWNSEND, WASHINGTON,ADOPTING 2019 SUPPLEMENTAL BUDGET APPROPRIATIONS WHEREAS, for some capital projects, funds appropriated in 2018 were not spent either due to project delays or project changes, and, WHEREAS, staff recommends "carrying-over"those funds not spent in 2018, and appropriating them to the same projects in 2019, and, WHEREAS, the City Council reviewed the supplemental budget on May 6, 2019, and considered the matter further on May 20, 2019; NOW, THEREFORE, the City Council of the City of Port Townsend, Washington, do ordain as follows: Section 1. The supplemental budget for the City of Port Townsend, Washington, for the fiscal year 2019, is adopted as set forth in the document entitled "City of Port Townsend Budget 2019 Supplemental Fund Summary", a copy of which is on file with the office of the City Clerk, and is incorporated into this Ordinance. The budget supplemental summary is attached as Exhibit A, making revenue and expenditure revisions. Section 2. 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, by a vote of the majority of the City Council plus one, at a special meeting thereof, held this 13th day of May 2019. De oral S. S'till.61 Mayor Attest: Approved as to leg abrin: Joanna Sanders, MMC � Heidi Green _iaod City Clerk City Attorney Ordinance 3226 Exhibit A City of Port Townsend 2019 Supplemental Fund Summary Appropriation increases for projects approved in the 2018/2019 budgets;spending did not occur in 2018 and dollars need to be reappropriated Adopted 2018Revenue vs. Revenue vs. 2018 Actual Appropriated 2018 Beginning Adopted 2018 Acutal 2018 Exenditure Acutal 2018 Expense 2018 Expense 2018 Ending Fund Funds not Spent Fund Fund Description Fund Balance Revenue Budget Revenue Budget Expenditures Budget Actual Balance in 2018 301 General Capital Fund 5,000 1,846,846 1,595,842 1,876,841 1,678,691 (29,995) (82,849) (77,849) 198,150 305 Street Capital Fund (334,170) 3,451,639 2,919,502 2,918,160 2,354,844 533,479 564,658 230,488 563,316 315 2015 GO Bonds 1,160,813 7,211 8,615 1,061,000 1,019,103 (1,053,789) (1,010,488) 150,325 41,897 350 2017 GO Bonds 2,253,496 12,151 17,943 1,472,000 1,338,164 (1,459,849) (1,320,221) 933,275 133,836 414 Storm Capital Fund (28,016) 628,000 637,360 600,000 607,569 28,000 29,791 1,775 (7,569) 415 Water/Sewer Capital Fund (1,363,139) 6,069,767 5,701,933 4,643,640 4,432,274 1,426,127 1,269,659 (93,480) 211,366 Grand Total 1,693,984 12,015,614 10,881,195 12,571,641 11,430,645 (556,027) (549,450) 1,144,534 1,140,996 Revenue vs. Adopted 2019 Expense 2019 Revenue vs. 2019 Proposed 2019 Beginning Adopted 2019 Proposed 2019 Exenditure Proposed 2019 Adopted Expense 2019 Ending Fund Fund Fund Description Fund Balance Revenue Budget Revenue Budget Expenditures Budget Proposed Balance 301 General Capital Fund (77,849) 296,831 518,581 254,331 435,831 42,500 82,750 4,901 305 Street Capital Fund 230,488 1,841,804 2,391,804 2,040,991 2,526,744 (199,187) (134,940) 95,548 315 2015 GO Bonds 150,325 0 1,200 97,500 151,000 (97,500) (149,800) 525 350 2017 GO Bonds 933,275 0 8,400 775,000 910,750 (775,000) (902,350) 30,925 414 Storm Capital Fund 1,775 990,000 1,090,000 968,000 1,078,000 22,000 12,000 13,775 415 Water/Sewer Capital Fund (93,480) 1,117,379 1,518,379 1,157,379 1,427,379 (40,000) 91,000 (2,480) Grand Total 1,144,534 4,246,014 5,528,364 5,293,201 6,529,704 (8,047,187') (1,001,340) 143,194