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HomeMy WebLinkAboutOrdinance No. 2024-030 An Ordinance Amending Ordinance No. 2022-036 Which Adopted the 2023-2024 Biennial Budget of the City of Arlington by Providing Supplement thereto and Providing Transfer ORDINANCE NO. 2024-030 AN ORDINANCE AMENDING ORDINANCE NO. 2022-036 WHICH ADOPTED THE 2023-2024 BIENNIAL BUDGET OF THE CITY OF ARLINGTON BY PROVIDING SUPPLEMENT THERETO AND PROVIDING TRANSFER AND ADJUSTMENT AUTHORITY FOR CALENDAR YEAR 2024 WHEREAS, staff has identified the need to make certain revisions to the 2023- 2024 Biennial Budget that were not foreseen when Ordinance No. 2022-036 was adopted on November 7, 2022, and WHEREAS, this ordinance was introduced with proper notice and citizens have been given the opportunity to comment, and WHEREAS, because this will require increasing the appropriation level in one or more funds, an amendment is needed, NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ARLINGTON WASHINGTON AS FOLLOWS; Section 1. Pursuant to RCW 35A.34,the 2024 Budget section of the 2023-2024 biennial budget is hereby amended to provide for adjustments to expenditures, and by providing authority for any necessary transfers of money within or between funds as indicated in the "Amendment" column on the attached document Exhibit A. Section 2. That the attached is a summary of the amended budget for the year 2024 for the City of Arlington and that copies of the detailed amended budget are available to any interested taxpayer at the Finance Department, City Hall, Arlington, Washington. Section 3. This ordinance shall be in full force and effect five days after its passage and publication of a summary consisting of the ordinance title hereof as authorized by law. Passed by the City Council and APPROVED by the Mayor this 16th day of December, 2024. CITY OF ARLINGTON Don Vanney, Mayor A EST: ::�", -"Z Wendy Van Der Meersche, City Clerk APPROV AS TO FORM: Stev le, ity Attorney CERTIFICATION OF ORDINANCE I, Wendy Van Der Meersche, being the duly appointed City Clerk of the City of Arlington, Washington, a municipal corporation, do hereby certify that the following Ordinance No. 2024-030 was approved at the December 16, 2024 City Council meeting. ORDINANCE NO. 2024-030 "AN ORDINANCE AMENDING ORDINANCE NO. 2022-036 WHICH ADOPTED THE 2023-2024 BIENNIAL BUDGET OF THE CITY OF ARLINGTON BY PROVIDING SUPPLEMENT THERETO AND PROVIDING TRANSFER AND ADJUSTMENT AUTHORITY FOR CALENDAR YEAR 2024" A true and correct copy of the original ordinance is attached. Dated this 17th day of December, 2024 C,,-,&C4-- Wendy Van Der Meersche City Clerk for the City of Arlington EXHIBIT A 2024 AMENDMENTS ADOPTED BUDGET MODIFIED BUDGET 2024 AMENDED BUDGET ORDINANCE 2022-036 ORDINANCE#2023-019 AMENDMENTS ORDINANCE GENERAL FUND $ 21,800,174 $ 23,399,174 $ 6,450,800 $ 29,849,974 GENERAL FUND MANDATORY RESERVE FUND - PROGRAMDEVELOPMENTFUND-GENERAL 26,000 $ 26,000 $ 26,000 CED PERMITTING FUND 1,586,235 $ 1,586,235 $ 1,586,235 AMERICAN RESCUE PLAN ACT 320,483 $ 2,221,840 $ 1,116,500 $ 3,338,340 STREETS MAINTENANCE FUND 976,091 $ 1,066,091 $ 410,000 $ 1,476,091 GROWTH FUND 2,987,500 $ 4,388,501 $ 4,388,501 PUBLIC ART FUND 205,000 $ 260,000 $ 260,000 LODGING TAX FUND 211,479 $ 211,479 $ 211,479 CEMETERY FUND 481,656 $ 492,156 $ 492,156 TRANSPORTATION SALES TAX FUND 2,615,000 $ 3,185,000 $ 3,185,000 REET 1 FUND 520,538 $ 977,399 $ 977,399 REET 2 FUND 525,400 $ 982,261 $ 982,261 CAPITAL FACILITIES/BUILDING FUND 1,874,744 $ 2,515,744 $ 50,000 $ 2,565,744 TRANSPORTATION IMPROVEMENT FUND 19,232,500 $ 20,332,500 $ 20,332,500 PARK IMPROVEMENT 52,100 $ 3,837,458 $ 960,000 $ 4,797,458 CEMETERY CAPITAL IMPROVEMENTS FUND $ - $ 20,000 $ 20,000 EQUIPMENT REPLACEMENT FUND 961,529 $ 1,216,529 $ 600,000 $ 1,816,529 AIRPORT FUND 4,353,130 $ 4,667,630 $ 700,000 $ 5,367,630 WATER FUND 4,672,314 $ 4,709,314 $ 4,709,314 SEWER FUND 7,132,923 $ 7,189,923 $ 182,000 $ 7,371,923 WATER IMPROVEMENT FUND 2,310,000 $ 4,510,000 $ 4,510,000 SEWER IMPROVEMENT FUND 1,760,000 $ 3,160,000 $ 3,160,000 STORM WATER CIP FUND 675,000 $ 2,167,500 $ 25,000 $ 2,192,500 AIRPORT RESERVE FUND 2,215,500 $ 2,215,500 $ 2,215,500 W/S BOND RESERVE FUND - $ - $ STORMWATER MANAGEMENT FUND 1,285,707 $ 1,298,207 $ 1,298,207 AIRPORT CIP 6,951,500 $ 6,951,500 $ 6,951,500 MAINTENANCE&OPERATIONS FUND 3,018,836 $ 3,036,836 $ 3,036,836 CEMETERY PRE-NEED TRUST FUND 4,000 $ 4,000 $ 4,000 CITY FIDUCIARY ACTIVITY 147,450 $ 147,450 $ 147,450 CEMETERY ENDOWMENT FUND $ - $ GRAND TOTAL ALL FUNDS $ 88,902,789 $ 106,756,227 $ 10,514,300 $ 117,270,527