HomeMy WebLinkAboutOrdinance 2016-001-TBD Adopting Transportation Benefit District Budget for the year 2017ARLINGTON TRANSPORTATION BENEFIT DISTRICT
Arlington, Washington
ORDINANCE NO. 2016-001 TBD
AN ORDINANCE OF THE GOVERNING BOARD OF THE ARLINGTON
TRANSPORTATION BENEFIT DISTRICT ADOPTING THE BUDGET FOR
THE YEAR 2017
WHEREAS, subsequent to due notice and public hearing thereon, the Arlington
Transportation Benefit District Governing Board has approved the annual budget for the year
2017;
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, 2017
of $1,005,550 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 5th day of December,
2016.
ARLINGTON TRANSPORTATION BENEFIT DISTRICT
Barbara Tolbert, Chairperson
ATTEST:
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Kristin anfield, Board Clerk
APPROVED AS TO FORM:
Steve ' e, $oard Attorney
Exhibit 1
Arlington Transportation Benefit District
2017 Preliminary Budget
Beginning Fund Balance $ 117,000
Revenues
Sales Tax Receipts
898,567
Interest Income
1,500
Intergovernmental Revenues (grants)
184,838
Total Revenues
1,201,905
Expenditures
Transportation Improvement Project Costs $ 999,050
Insurance - WCIA 2,500
Audit 4,000
Total Expenditures 1,005,550
Ending Fund Balance 5 196.355