025-17 - Ordinance - Amending the Budget for 2017-2018ORDINANCE NO. 025-17
AN ORDINANCE OF THE CITY OF PORT ORCHARD, WASHINGTON, AMENDING
THE BIENNIAL BUDGET FOR THE YEARS 2017 - 2018 AS ADOPTED BY
ORDINANCE NO. 040-16 TO RECOGNIZE EXPENDITURES AND REVENUES NOT
ANTICIPATED AT THE TIME OF THE ADOPTION OF THE 2017 - 2018 BIENNIAL
BUDGET.
WHEREAS, the City of Port Orchard adopted its 2017 - 2018 Biennial Budget in
Ordinance No. 040-16 and subsequently amended by Ordinance No. 010-17 and Ordinance No.
013-17; and
WHEREAS, the City desires to keep current on budget amendments; and
WHEREAS, it is necessary to make adjustments to accounts and/or Funds by means of
appropriation adjustments that could not have been anticipated at the time of passage of the
2017 - 2018 Biennial Budget, as provided in RCW 35.33.091 and RCW 35.33.121; and
WHEREAS, the City engaged in design and right of way acquisition for the Tremont
Widening Project which now has a reached the construction phase with the authorization of a
construction contract with Active Construction, Inc., and the construction amount was not
known at the time of adoption of the 2017 - 2018 Biennial Budget, and
WHEREAS, the City contemplated project and construction expense and successfully
sought funding partners that provide, a Transportation Improvement Board $8,000,000 grant; a
Federal Highway Administration $1,744,727 grant; and a $2,000,000 LEAP project appropriation
within Engrossed Senate Bill 5096; and the remainder to be paid from proceeds of a City of Port
Orchard Limited Tax General Obligation Bond and from Water - Sewer Utility Fund No. 401; and
WHEREAS, the City expects to start construction activity with a ground-breaking
ceremony in July, and construction to follow that will result in project expense, it is necessary to
recognize by budget ordinance Tremont Widening Project revenue and expense; now, therefore,
THE CITY COUNCIL OF THE CITY OF PORT ORCHARD, WASHINGTON, DO ORDAIN AS
FOLLOWS:
The 2017 - 2018 Biennial Budget is amended to reflect theSECTION 1.
following:
(1) Estimated Revenues:
a) $1,744,727, grant revenue from Federal Indirect Grant (Washington State Dept, of
Transportation/Federal Highways Administration) to Street Capital Projects Fund
No. 304.
Ordinance No. 025-17
Page 2 of 3
b) $8,000,000, grant revenue from Washington State Transportation Improvement
Board to Street Capital Projects Fund No. 304
c) $2,000,000, grant revenue from Washington State LEAP, project appropriation
within Engrossed Senate Bill 5096 to Street Capital Projects Fund No. 304.
d) $498,245, revenue from Water Sewer Utility Fund No. 401.
e) $5,800,000 from proceeds of City of Port Orchard Limited Tax General Obligation
Bond to Street Capital Projects Fund No. 304.
(2) Estimated Appropriations:
a) $17,544,727, from Street Capital Projects Fund No. 304 for the Tremont
Widening Project.
b) $498,245 from Water Sewer Utility Fund No. 401
SECTION 2. Severability. If any section, sentence, clause or phrase of this Ordinance
should be held to be unconstitutional or unlawful by a court of competent jurisdiction, such
invalidity or unconstitutionality shall not affect the validity or constitutionality of any other
section, sentence, clause or phrase of this Ordinance.
SECTION 3. Publication. This Ordinance shall be published by an approved summary
consisting of the title.
SECTION 4. Effective Date. This Ordinance shall take effect and be in full force and
effect five days after publication, as provided by law.
PASSED by the City Council of the City of Port Orchard, APPROVED by the Mayor and
attested by the Clerk in authentication of such passage this 11th day of July 2017.
Rob Putaansuu, Mayor
ITseal nATTEST:
aBrandy Rinearson, CMC, City Clerk
Ordinance No. 025-17
Page 3 of 3
APPROVED AS TO FORM:SPONSOR:
)
aron Cates, City Attorney Jpnn Clauson, Councilmember
July 21, 2017
July 26, 2017
PUBLISHED:
EFFECTIVE DATE: