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056-21 - Ordinance - Amending the 2021-2022 Biennial BudgetORDINANCE NO. 056-21 AN ORDINANCE OF THE CITY OF PORT ORCHARD, WASHINGTON, AMENDING THE 2021-2022 BIENNIAL BUDGET AS ADOPTED BY ORDINANCE NO. 035-20, AND AMENDED BY ORDINANCE NOS. 015-21 032-21, AND050-21; TO RECOGNIZE EXPENDITURES AND REVENUES NOT ANTICIPATED AT THE TIME OF THE ADOPTION OF THE 2021-2022 BIENNIAL BUDGET; PROVIDING FOR TRANSMITTAL TO STATE; PROVIDING FOR PUBLICATION; AND SETTING AN EFFECTIVE DATE. WHEREAS, the City of Port Orchard adopted its 2021— 2022 Biennial Budget via Ordinance No. 035-20, which was previously amended by Ordinance No. 015-21, and Ordinance No. 032-21, and Ordinance No. 050-21; and WHEREAS, the City desires to keep current on necessary budget amendments; and WHEREAS, it is necessary to consider adjustments to accounts and/or funds by means of appropriation adjustments that could not have been anticipated at the time of passage of the 2021— 2022 Biennial Budget; and WHEREAS, the City Council adopted the 2021-2022 mid -biennial budget on October 26, 2021 and approved an estimated $2.5 million purchase for a future Community and Events Center site; and WHEREAS, 2021-2022 mid -biennial budget amendment provided for the revenue and expense of the purchase but did not provide for the flexibility for the City to cover the cashflow of the purchase; and WHEREAS, due to the timing of State of Washington and the Kitsap Public Facility District funding the City will need to cover the cashflow of the purchase and seek reimbursement; and WHEREAS, the mechanics of transfer to cover the cashflow were not included in the 2021-2022 mid -biennial budget amendment; and WHEREAS, the city will transfer up to $2.250 million from the current expense fund 001 to the capital project fund 302 to cover the timing of the purchase and when the reimbursement is received the fund 302 will transfer up to $2.250 million back to fund 001; and WHEREAS, 2021-2022 budget provided for the revenue and expense of work to be performed at Etta Turner Park for $40,000 with $25,000 coming from the recreation Ordinance No. 056-21 Page 2 of 4 reserve account transferred from current expense fund 001 to fund 302; and WHEREAS, the Etta Turner Park project is coming to a close and will need an additional estimated $25,000 of expenditure authority as well as funding to complete the project; and WHEREAS, the City Council approves an additional expenditure authority from Fund 302 for Etta Turner Park up to $25,000 to be paid from the recreation reserve; and WHEREAS, the City will transfer up to $25,000 from the recreation reserve account in the current expense fund 001 to the capital projects fund 302 for Etta Turner Park up to $25,000 as needed to complete the project; and WHEREAS, the 2022 ending fund balance for the current expense 001 fund for the recreation reserve account will be reduced by $25,000; and WHEREAS, the City Finance Committee met on November 16, 2021, to review the proposed budget amendment and made a recommendation to approve; and WHEREAS, the City Council has considered the proposed budget amendments and finds that amendments authorized by this Ordinance are consistent with applicable laws and financial policies, and further the public's health, safety and welfare; now, therefore, THE CITY COUNCIL OF THE CITY OF PORT ORCHARD, WASHINGTON, DO ORDAIN AS FOLLOWS: SECTION 1. The 2021— 2022 Biennial Budget, and enabling Ordinance No. 035-20, as amended by Ordinance No. 015-21, Ordinance No. 032-21 and Ordinance No. 050-21, is hereby amended to reflect the following: Ordinance No. 056-21 Page 3 of 4 2021-2022 Biennial Budget Fund No. JFund Name IType I Ordinance-035-20 I Or{finance-050-21 Ad'ustment Ordinance-XXX 21 001 Current Expense Fund Revenue $ 26,069,100 $ 33,279,201 $2,250,000 $ 35,529,201 Expense $ 26,069.100 $ 33,279,201 P$2,250,000 $ 35,529,201 002 City Street Revenue $ 5,131,900 $ 7,601,171 $ $ 7,601,171 Expense $ 5,131,900 $ 7,601,171 $ $ 7,601,171 003 Stabilization Revenue $ 2,300,000 $ 2,693,687 $ $ 2,693,687 Expense $ 2,300,000 $ 2.693,687 $ $ 2,693,687 103 Criminal Justice Revenue $ 760.900 $ 869,508 $ $ 869,508 Expense $ 760,900 $ 869,508 $ $ 869,508 104 Special Investigative Unit Revenue $ 102,000 $ 105,797 $ $ 105,797 Expense $ 102,000 $ 105,797 $ $ 105,797 107 Community Events Revenue $ 400,000 $ 412,002 $ $ 412,002 Expense $ 400,000 $ 412.002 $ $ 412,002 108 Paths & Trails Revenue $ 12,900 $ 13,096 $ $ 13,096 Expense $ 12,900 $ 13,096 $ $ 13,096 109 Real Estate Excise Tax Revenue $ 4.854.000 $ 6,193,992 $ $ 6,193,992 Expense $ 4,854,000 $ 6,193, 992 $ $ 6,193, 992 111 Impact Fee Revenue $ 2,282,500 $ 4,006,467 $ $ 4,006,467 Expense $ 2,282,500 $ 4,006,467 $ $ 4,006,467 206 Bond Redemption Fund Revenue $ 598,200 $ 598,200 $ $ 598,200 Expense $ 598,200 $ 598,200 $ $ 598,200 302 Capital Construction Revenue $ 620,000 $ 3,606,707 $2.275,000 $ 5,881,707 Expense $ 620,000 $ 3.606,707 $2,275,000 $ 5,881,707 304 Street Capital Projects Revenue $ 4,328,100 $ 7,278,848 $ $ 7,278,848 Expense $ 4.328,100 $ 7,278,848 $ $ 7,278,848 401 Water -Sewer Utilities Revenue $ - $ - $ $ - Expense $ $ $ $ 403 Water -Sewer Cumulative Reserve Revenue $ $ $ $ - Expense $ $ - $ $ - 411 Water - Operations Revenue $ 8,504,400 $ 9,694,063 $ $ 9,694,063 Expense $ 8,504,400 $ 9,694,063 $ $ 9,694,063 412 Water -Stabilization Revenue $ 917,000 $ 950,216 $ $ 950,216 Expense $ 917,000 $ 950,216 $ $ 950,216 413 Water- Capital Projects Revenue $ 6,964,200 $ 7,419,754 $ $ 7,419,754 Expense $ 6,964.200 $ 7.419,754 $ $ 7,419,754 414 Water- Debt Service Revenue $ 840,250 $ 840,250 $ $ 840,250 Expense $ 840,250 $ 840,250 $ $ 840,250 421 Storm Drainage - Operations Revenue $ 5,076,900 $ 5,352,120 $ $ 5,352,120 Expense $ 5,076,900 $ 5,352.120 $ $ 5.352,120 422 Storm Drainage - Stabilization Revenue $ 503,300 $ 533,931 $ $ 533,931 Expense $ 503,300 $ 533,931 $ $ 533,931 423 Storm Drainage - Capital Projects Revenue $ 30,100 $ 99,113 $ $ 99,113 Expense $ 30,100 $ 99,113 $ $ 99,113 424 Storm Drainage - Debt Service Revenue $ 355,300 $ 355,300 $ $ 355,300 Expense $ 355,300 $ 355,300 $ $ 355,300 431 Sewer - Operations Revenue $ 12,659,200 $ 13,711,301 $ $ 13,711,301 Expense $ 12,659,200 $ 13,711,301 $ $ 13,711,301 432 Sewer -Stabilization Revenue $ 1,355,050 $ 1,422,016 $ $ 1,422,016 Expense $ 1,355,050 $ 1,422,016 $ $ 1,422,016 433 Sewer -Capital Projects Revenue $ 9,612.100 $ 20.566,150 $ $ 20,566,150 Expense $ 9,612,100 $ 20.566,150 $ $ 20,566,150 434 Sewer - Debt Service Revenue $ 550,000 $ 550,000 $ $ 560,000 Expense $ 550,000 $ 550,000 $ $ 550,000 500 ER&R Revenue fw--o $ 2 4,927,400 A Q77 A()O $ C 5,271,030 S o71 nzn $ 4` $ 5,271,030 @ C �74 non Grand Total evenuel $ 99,754,800 1 $ 133,423,920 $4,525,000 $ 137,948,920 Grand Total Expense $ 99,754,800 $ 133,423,920 $4,525,000 $ 137.948.920 Ordinance No. 056-21 Paize 4 of 4 SECTION 2. Transmittal, The City Clerk shall transmit a complete, certified copy of the amended budget as adopted to the state auditor and to the Association of Washington Cities per RCW 35,34.130. SECTION 3. 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 4. Corrections. Upon approval of the city attorney, the city clerk and the codifiers of this ordinance are authorized to make necessary technical corrections to this ordinance, including, without limitation, the correction of clerical errors; references to other local, state, or federal laws, codes, rules, or regulations; or section/subsection numbering. SECTION 5. Publication. This Ordinance shall be published by an approved summary consisting of the title. A summary of this Ordinance may be published in lieu of the entire ordinance, as authorized by State Law. SECTION 6. Effective Date. This ordinance shall be in full force and effect five (5) days after posting and publication as required 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 23d day of November 2021. AT Brandy Rlnearson, MMC, City Clerk APPROVED AS TO FORM: Charlotte Archer, City Attorney PUBLISHED: November 26, 2021 EFFECTIVE DATE: December 1, 2021 Robert Putaansuu, Mayor , uCouncilmemberohCson, R•o C ryeh,y SEAL :.� kW &W111