HomeMy WebLinkAboutO-3045 - Amending the 2016 Portion of the 2015-2016 Biennial BudgetCITY OF MARYSVILLE
Marysville, Washington
ORDINANCE NO. 3 OL/ J
AN ORDINANCE OF THE CITY OF MARYSVILLE AMENDING THE
2015-2016 (2016 PORTION) BIENNIAL BUDGET AND PROVIDING
FOR THE INCREASE OF CERTAIN EXPENDITURE ITEMS AS
BUDGETED FOR IN ORDINANCE NO . 2972 .
THE CITY COUNCIL OF THE CITY OF MARYSVILLE, WASHINGTON DO ORDAIN
AS FOLLOWS:
Section 1. Since the adoption of the 2015-2016 budget by the City Council on
November 10, 2014, it has been determined that the interests of the residents of the City of
Marysville may best be served by the increase of certain expenditures in the 2016 budget.
The following funds as referenced in Ordinance No. 2972 are hereby amended to read as
follaiws :
Current Amended
Fund Title Fund No. Description Budget Budget Amount of lnc/(Dec)
General Fund 001 Beginning Fund Balance $ 6,635, 135 $ 6,635,135 $
General Fund 001 Revenue 46,056,586 46,069,542 12,956
General Fund 001 Expenditures 46,524,201 46,537,157 12,956
Genera I Fund 001 Ending Fund Balance 6,167,520 6,167,520
L TGO Debt Service 206 Beginning Fund Balance 23,714 23,714
L TGO Debt Service 206 Revenue 2,290,089 7,518,501 5,228,412
L TGO Debt Service 206 Expenditures 2,291 ,589 7,520,001 5,228,412
L TGO Debt Service 206 Ending Fund Balance 22,214 22,214
LID71 271 Beginning Fund Balance 53,018 106,064 53,046
LID71 271 Revenue 1,000,000 1,000,000
LID71 271 Expenditures 1,005,300 1,058,346 53,046
LID71 271 Ending Fund Balance 47,718 47,718
Street Construction 305 Beginning Fund Balance 38,348 1,198,762 1, 160,414
Street Construction 305 Revenue 4,154,104 4,554,104 400,000
Street Construction 305 Expenditures 2,810,768 4,761 ,734 1,950,966
Street Construction 305 Ending Fund Balance 1,381 ,684 991,132 (390,552)
fi'ark Construction 310 Beginning Fund Balance 324,727 324,727
Park Construction 310 Revenue 657,870 875,454 217,584
Park Construction 310 Expenditures 764,275 981 ,859 217,584
fj'ark Construction 310 Ending Fund Balance 218,322 218,322
Waterworks Utility Construction 402 Beginning Fund Balance 5,203,703 7,068,232 1,864,529
xaterworks Utility Construction 402 Revenue 3,510,000 4,770,191 1,260,191
aterworks Utility Construction 402 Expenditures 8,301,436 11 ,508,324 3,206,888
Waterworks Utility Construction 402 Ending Fund Balance 412,267 330,099 (82,168)
Golf Course 420 Beginning Fund Balance
Golf Course 420 Revenue 1,278,551 1,400,905 122,354
G,olf Course 420 Expenditures 1,278,551 1,400,905 122,354
Golf Course 420 Ending Fund Balance
The detail concerning the above -referenced amendments are attached hereto as Exhibit
"A".
2016 2nd Budget Amendment
Page 1 of 3
December 5, 201 6
Section 2. Except as provided herein, all other provisions of Ordinance No . 2972
shall remain in full force and effect, unchanged.
PASSED by the City Council and APPROVED by the Mayor this 12
...t..<:....>.--1.-"-.LJ..!..J~==--, 2016.
CITY OF MARYSVILLE
:7EW~
DEPUTY CITY CLERK
Approved as to form :
B~ ~ cITY ATTORNEY
Date of Publication: /;)-{2 -/ {p
Effective Date (5 days after publication): IJ J2-I&
2016 2nd Budget Amendment
day of
Page 2 of 3
December 5, 2016
EXHIBIT A-2016
Amendment Account Detail
Beg Fund
Balance/
Description Revenue Adj
General Fund
Police -2016 JAG Grant 12,956
Total General Fund 12,956
L TGO Debt Service -Fund 206
To record the transactions for refunding of the 2007A LTGO bond issue 5,228,412
Total L TGO Debt Service 5,228,412
LID71 -Fund 271
Bond call exceeded original budget 53,046
Total LID71 53,046
Street Construction - Fund 305
Gro..e Street Pedestrian & Bike Lane
Marshall Elementary Safe Route
Sunnyside Safe Routes
First Street Bypass property purchases
Property Purchase on State A..e 100th to 116th project
Adjustment to beginning cash balance 1, 160,414
Grant awards 400,000
Total Street Construction 1,560,414
Parks Construction -Fund 310
Centennial Trail property purchase 217,584
Total Parks Construction 217,584
Waterworks Utility Construction -Fund 402
WWTP Biosolid Removal
Property Purchase
Surface Water Pond Reco..ery 470,412
Capital lmpro..ement Fees & City Reco..ery 789,779
Adjust beginning fund balance to actual 1,864,529
Total Waterworks Utility Construction 3, 124,720
Golf Course -Fund 420
Golf Course utilities
Rental equipment -cart leases
WCIA annual insurance payment
Christmas train repairs
Cost of goods sold associated with merchandise purchases and sales
Salary & Benefits running higher than budgeted
No..ember 2015 storm damage repairs 3,000
Green Fees 94,437
Motorized Carts 5,629
Sale of Merchandise 15,088
Operating Transfer 4,200
Total Golf Course 122,354
GRAND TOTAL 10,266,440
2016 2nd Budget Amendment
Ending Fund
Appropriation Balance
Adjustment Adjustment
12,956
12,956
5,228,412
5,228,412
53,046
53,046
508,654 (508,654)
100,000 (100,000)
200,000 (200,000)
661 ,045 (661 ,045)
481,267 (481 ,267)
1, 160,414
400,000
1,950,966 (390,552)
217,584
217,584
2,206,888 (2, 206, 888)
1,000,000 (1 ,000,000)
470,412
789, 779
1,864,529
3,206,888 (82, 168)
48,550 (48,550)
23,770 (23,770)
1,629 (1,629)
4,200 (4,200)
26,348 (26,348)
14,857 (14,857)
3,000
94,437
5,629
15,088
4,200
122,354
10,739,160 (472,720)
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