HomeMy WebLinkAboutOrdinance 2015-001-TBD Adopting the Transportation Benefit District Budget for the year 2016ARLINGTON TRANSPORTATION BENEFIT DISTRICT
Arlington, Washington
ORDINANCE NO. 2015-001 TBD
AN ORDINANCE OF THE GOVERNING BOARD OF THE ARLINGTON
TRANSPORTATION BENEFIT DISTRICT ADOPTING THE BUDGET FOR
THE YEAR 2016
WHEREAS, subsequent to due notice and public hearing thereon, the Arlington
Transportation Benefit District Governing Board has approved the annual budget for the year
2016;
NOW, THEREFORE, BE IT RESOLVED BY THE GOVERNING BOARD OF THE
ARLINGTON TRANSPORTATION BENEFIT DISTRICT OF THE CITY OF ARLINGTON,
WASHINGTON AS FOLLOWS:
1. The expenditures budget of the District for the calendar year ending December 31, 2016
of $1,589,848 is hereby adopted (Exhibit 1 attached)
Passed by the Governing Board of the Arlington Transportation Benefit District, Arlington
Washington, at a regular open public meeting held on this 2nd day of November,
2015.
ARLINGTON TRANSPORTATION BENEFIT DISTRICT
ZIP
Barbara Tolbert, Chairperson
ATTEST:
Kristin ,niield, Board Clerk
APPROVED AS TO FORM:
Steve ifI , B d Attorney
EXHIBIT 1
Arlington Transportation Benefit District
2016 Budget
Beginning Fund Balance $ 344,000
Revenues
Sales Tax Receipts 824,000
Interest Income 500
Intergovernmental Revenues (grants) 517,348
Total Revenues 1,685,848
Expenditures
Transportation Improvement Project Costs $ 1,583,348
Insurance - WCIA 2,500
Audit 4,000
Total Expenditures 1,589,848
Ending Fund Balance 5 96,000
CERTIFICATION OF ORDINANCE
I, Kristin Banfield, being the duly appointed and acting Clerk of the Arlington Transportation
Benefit District, a municipal corporation, do hereby certify that the following Ordinance No.
2015-001 TBD was approved at the November 2, 2015 Arlington Transportation District
meeting.
ORDINANCE NO. 2015-001 TBD
"AN ORDINANCE ADOPITNG THE
ARLINGTON TRANSPORTATION BENEFIT DISTRICT
BUDGET FOR THE YEAR 2016"
A true and correct copy of the original ordinance is attached.
Dated this 3rd day of November, 2015.
R � Kristin► anfield
Clerk for the Arlington Transportation Benefit District