030-17 - Ordinance - Amending the Biennial Budget for 2017-2018ORDINANCE NO. 030-17
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.
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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, Ordinance
No. 013-17, and Ordinance No. 025-17; 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
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WHEREAS, the City passed Ordinance No. 021-17 relating to contracting
indebtedness; providing for the issuance, sale and delivery of not to exceed $6,000,000
aggregate principal amount of limited tax general obligation bonds to provide funds to
pay for a portion of the Tremont Widening Project, including making certain
improvements to Tremont Street and related public infrastructure, and to pay for the
City's share of costs of various utility underground projects and other capital projects,
and to pay the cost of issuance and sale of the bonds, which such bonds were issued
and closed on August 10, 2017 that resulted in debt service payments commencing on
August 1, 2018 in the amount of $449,514.04, and
;
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WHEREAS, the City acquired 720 Prospect Street as a City Hall annex to house
the Community Development Department, and certain building improvements were
required to meet the Americans with Disability Act along with other enhancements,
providing efficient workspace for planning, grant writing, new projects, permitting, and
customer needs, resulting in the need for a contractor to provide the needed
improvements and enhancements, an additional $12,000 from Current Expense Fund
No. 001 and $95,000 is provided from Real Estate Excise Tax Fund No. 109 to Capital
Construction Fund No. 302 for improvements and enhancements to 720 Prospect
Street; now, therefore,
THE CITY COUNCIL OF THE CITY OF PORT ORCHARD, WASHINGTON, DO
ORDAIN AS FOLLOWS:
SECTION 1. The 2017 - 2018 Biennial Budget is amended to reflect the following:
Ordinance No. 030-17
Page 2 of 2
(1) Estimated Revenues:
a) $450,000 to 2003 Limited Tax GO Ref Bond Fund No. 206
b) $95,000 to Capital Construction Fund No 302
(2) Estimated Appropriations:
a) $12,000 from Current Expense Fund No. 001
b) $319,500 from Street Fund No. 002
c) $95,000 from Real Estate Excise Tax Fund No. 109
d) $450,000 from 2003 Limited Tax GO Ref Bond Fund No. 206
e) $95,000 from Capital Construction Fund No 302
f) $130,500 from Storm Drainage Utility No. 421
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 12th day of September 2017.
Rob Putaansuu, Mayor
ATTESL_./
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Brandy Rirfearson, CMC, City Clerk
APPROVED AS TO FORM:SP
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Sharon Cates, City Attorney
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September 22, 2017
September 27, 2017
PUBLISHED:
EFFECTIVE DATE:
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NOTICE OF CITY OF PORT ORCHARD
ORDINANCE
The following is a summary of an Ordinance approved by the Port Orchard City Council at their regular Council
meeting held September 12, 2017.
ORDINANCE NO. 030-17
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.
Copies of Ordinance No. 030-17 are available for review at the office of the City Clerk of the City of Port Orchard.
Upon written request, a statement of the full text of the Ordinance will be mailed to any interested person without
charge. Thirty days after publication, copies of Ordinance No. 030-17 will be provided at a nominal charge.
City of Port Orchard
Brandy Rinearson
City Clerk
Published: Friday, September 22