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HomeMy WebLinkAboutOrdinance No. 2018-008 Adopting the Biennial Budget for 2019-2020 ORDINANCE NO. 2018-008 AN ORDINANCE ADOPTING THE CITY OF ARLINGTON BIENNIAL BUDGET FOR THE YEARS 2019—2020 WHEREAS, subsequent to due notice and public hearing thereon, the City Council of the City of Arlington has approved the biennial budget for the years 2019—2020; NOW,THEREFORE THE CITY COUNCIL OF THE CITY OF ARLINGTON, WASHINGTON DO ORDAIN AS FOLLOWS: Section One. The following expenditures budget as set forth in Exhibits A and B,containing the totals set forth for each fund of the years 2019—2020 is hereby adopted. Section Two. This Ordinance shall be in full force and effect on January 1, 2019. PASSED by the City Council of the City of Arlington on this 19'h day of November,2018. ATTEST: CITY OF ARLINGTON Kristin Banfield,City Clerk Barbara Tolbert, Mayor APPROVED AS TO FORM: Steve Peiffle, City Attorney EXHIBIT A 2019-2020 BIENNIAL BUDGET SUMMARY-ALL FUNDS BEGINNING FUND ENDING FUND 2019 BALANCES REVENUES EXPENDITURES BALANCES GENERAL FUND $ 3,250,000 $ 17,665,869 $ 18,001,060 $ 2,914,809 GENERAL FUND MANDATORY RESERVE FUND 997,556 54,761 0 $ 1,052,317 PROGRAM DEVELOPMENT FUND-GENERAL 686,674 0 102,000 $ 584,674 STREETS MAINTENANCE FUND 310,628 1,071,614 1,188,845 $ 193,397 SOCIAL SERVICES FUND 9,000 500 5,000 $ 4,500 GROWTH FUND 2,500,000 244,500 557,225 $ 2,187,275 EMERGENCY MEDICAL SERVICES FUND 200,000 4,778,825 4,696,218 $ 282,607 LODGING TAX FUND 23,908 151,000 154,191 $ 20,717 CEMETERY FUND 5,000 236,478 206,222 $ 35,256 TRANSPORTATION BENEFIT DISTRICT 647,073 1,090,210 1,141,500 $ 595,783 REET 1 FUND 400,000 501,300 446,046 $ 455,254 REET 2 FUND 612,000 506,000 288,272 $ 829,728 CAPITAL FACILITIES/BUILDING FUND 129,692 50,100 52,500 $ 127,292 TRANSPORTATION IMPROVEMENT FUND 0 1,240,540 1,230,437 $ 10,103 PARK IMPROVEMENT 0 688,216 683,216 $ 5,000 LIBRARY CAPITAL IMPROVEMENT FUND 14,387 100 0 $ 14,487 CEMETERY CAPITAL IMPROVEMENTS FUND 5,920 75 0 $ 5,995 EQUIPMENT REPLACEMENT FUND 1,930,500 1,435,327 1,200,944 $ 2,164,883 AIRPORT FUND 770,000 3,807,532 3,696,774 $ 880,758 WATER FUND 1,798,700 4,068,200 4,164,542 $ 1,702,358 SEWER FUND 1,361,700 5,748,600 6,062,316 $ 1,047,984 WATER IMPROVEMENT FUND 7,261,000 1,609,060 3,304,681 $ 5,565,379 SEWER IMPROVEMENT FUND 4,900,000 833,600 788,904 $ 4,944,696 STORM WATER CIP FUND 665,000 157,000 335,000 $ 487,000 AIRPORT RESERVE FUND 2,644,700 20,000 1,400,000 $ 1,264,700 WATER/SEWER BOND RESERVE FUND 1,022,699 0 0 $ 1,022,699 STORMWATER MANAGEMENT FUND 202,975 1,230,300 1,320,348 $ 112,927 AIRPORT CIP 500,000 1,520,000 1,550,000 $ 470,000 MAINTENANCE&OPERATIONS FUND 80,000 1,588,179 1,662,179 $ 6,000 CEMETERY PRE-NEED TRUST FUND 36,000 5,250 2,000 $ 39,250 CEMETERY ENDOWMENT FUND 298,115 14,000 0 $ 312,115 GRAND TOTAL ALL FUNDS $ 33,263,227 $ 50,317,136 $ 54,240,420 $ 29,339,943 EXHIBIT B 2019-2020 BIENNIAL BUDGET SUMMARY-ALL FUNDS BEGINNING FUND ENDING FUND 2020 BALANCES REVENUES EXPENDITURES BALANCES GENERAL FUND $ 2,914,809 $ 17,722,350 $ 18,431,255 $ 2,205,904 GENERAL FUND MANDATORY RESERVE FUND 1,052,317 29,653 0 $ 1,081,970 PROGRAM DEVELOPMENT FUND-GENERAL 584,674 0 10,000 $ 574,674 STREETS MAINTENANCE FUND 193,397 1,071,923 1,134,894 $ 130,426 SOCIAL SERVICES FUND 4,500 500 2,000 $ 3,000 GROWTH FUND 2,187,275 242,500 1,057,225 $ 1,372,550 EMERGENCY MEDICAL SERVICES FUND 282,607 4,853,852 4,863,050 $ 273,409 LODGING TAX FUND 20,717 151,000 149,191 $ 22,526 CEMETERY FUND 35,256 236,478 212,358 $ 59,376 TRANSPORTATION BENEFIT DISTRICT 595,783 1,559,470 2,048,000 $ 107,253 REET 1 FUND 455,254 501,300 447,641 $ 508,913 REET 2 FUND 829,728 508,000 284,871 $ 1,052,857 CAPITAL FACILITIES/BUILDING FUND 127,292 50,100 17,500 $ 159,892 TRANSPORTATION IMPROVEMENT FUND 10,103 4,893,628 4,883,525 $ 20,206 PARK IMPROVEMENT 5,000 229,113 224,113 $ 10,000 LIBRARY CAPITAL IMPROVEMENT FUND 14,487 100 0 $ 14,587 CEMETERY CAPITAL IMPROVEMENTS FUND 5,995 75 0 $ 6,070 EQUIPMENT REPLACEMENT FUND 2,164,883 1,433,044 1,443,839 $ 2,154,088 AIRPORT FUND 880,758 3,657,541 3,760,453 $ 777,846 WATER FUND 1,702,358 4,078,772 4,043,664 $ 1,737,466 SEWER FUND 1,047,984 5,757,000 6,027,480 $ 777,504 WATER IMPROVEMENT FUND 5,565,379 1,370,325 2,476,181 $ 4,459,523 SEWER IMPROVEMENT FUND 4,944,696 733,600 1,092,904 $ 4,585,392 STORM WATER CIP FUND 487,000 105,000 500,250 $ 91,750 AIRPORT RESERVE FUND 1,264,700 10,000 0 $ 1,274,700 WATER/SEWER BOND RESERVE FUND 1,022,699 0 0 $ 1,022,699 STORMWATER MANAGEMENT FUND 112,927 974,000 982,331 $ 104,596 AIRPORT CIP 470,000 1,650,555 1,611,111 $ 509,444 MAINTENANCE&OPERATIONS FUND 6,000 1,720,479 1,726,479 $ CEMETERY PRE-NEED TRUST FUND 39,250 5,250 2,000 $ 42,500 CEMETERY ENDOWMENT FUND 312,115 14,000 0 $ 326,115 GRAND TOTAL ALL FUNDS $ 29,339,943 $ 53,559,608 $ 57,432,315 $ 25,467,236 CERTIFICATION OF ORDINANCE I, Kristin Banfield, being the duly appointed and acting Clerk of the City of Arlington, Washington, a municipal corporation, do hereby certify that the following Ordinance No. 2018-008 was approved at the November 19, 2018 City Council meeting. ORDINANCE NO. 2018-008 "AN ORDINANCE ADOPTING THE CITY OF ARLINGTON BIENNIAL BUDGET FOR THE YEARS 2019 - 2020" A true and correct copy of the original ordinance is attached. Dated this 26th day of November, 2018. 1 ' Kristin anfiel City Clerk for the City of Arlington