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021-11 - Ordinance - Final Budget for 2012Introduced by: Requested by: Drafted by: Reviewed by: Introduced: First Public Hearing: Second Public Hearing: Adopted: ORDINANCE NO. 021-11 City Treasurer Council Finance Committee City Treasurer City Attorney December 13, 2011 October 25, 2011 November 22, 2011 December 13, 2011 AN ORDINANCE OF THE CITY OF PORT ORCHARD, WASHINGTON ADOPTING THE FINAL BUDGET FOR THE YEAR 2012 WHEREAS, the preliminary budget for the calendar year 2012, available October 3, 2011 was submitted to the City Council; and WHEREAS, the City Council held a public hearing on revenue sources on October 25, 2011; and WHEREAS, the Council Finance Committee met three times between October 14, and November 9, 2011 to discuss the preliminary budget and to make final recommendations to the Council; and WHEREAS, the City Council held two work study sessions on the 2012 preliminary budget, on October 18, and November 15, 2011 and considered the Council Finance Committee's recommendations; and WHEREAS, a Notice of Budget Hearing was published on November 4 and November 11, 2011 in the Kitsap Sun newspaper stating the 2012 preliminary budget was on file with the City Clerk and copies could be obtained at the office of the City Treasurer, and inviting the public to attend and/or submit written comments at the public hearing held November 22, 2011; and WHEREAS, the City Council held a public hearing on November 22, 2011 regarding the preliminary budget for calendar year 2012; and WHEREAS, a copy of the 2012 preliminary budget has been on file with the City Treasurer for examination by the public during the time it was considered by the City Council; now, therefore, THE CITY COUNCIL OF THE CITY OF PORT ORCHARD, WASHINGTON, DO ORDAIN AS FOLLOWS: Ordinance No. 021-11 Pate 2 of 2 Section i. The budget of the City of Port Orchard for the year 2012, is hereby adopted in its entirety as the final annual budget of the City of Port Orchard for calendar year 2012 as set forth below: (1) Estimated Revenue From All Sources: $27,162,528 (2) Estimated Appropriations Current Expense Fund $9,883,869 Street Fund 1,703,526 Street Capital Improvement Fund 572,822 Criminal Justice Fund 249,321 Special Investigative Unit Fund 45,075 Community Events Fund 77,o85 Water -Sewer Utilities Fund 5,o86,225 Storm Drainage Utility Fund 1,090,390 Total Operating Funds $18,708,313 Other Non -Operating Funds 8.454.215 Total Funds 52�.162.5 Section 2. This ordinance shall be in full force and effect five (5) days after posting and publication as required by law. A summary of this Ordinance may be published in lieu of the entire ordinance, as authorized by State law. PASSED by the City Council of the City of Port Orchard, APPROVED by and attested by the City Clerk in authentication of such passage th 2011. A AJ atric'r patck, MMC, City Clerk APPROVED AS TO FORM: Sponsored by: 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 December 13, 2011. ORDINANCE NO. 021-11 AN ORDINANCE OF THE CITY OF PORT ORCHARD, WASHINGTON ADOPTING THE FINAL BUDGET FOR THE YEAR 2012 Copies of Ordinance No. 021-11 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. 021-11 will be provided at a nominal charge. City of Port Orchard Patti Kirkpatrick City Clerk Publish: Kitsap Sun December 16, 2011