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HomeMy WebLinkAbout2020 Budget AmendmentCITY OF MEDINA, WASHINGTON ORDINANCE NO. 992 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF MEDINA, WASHINGTON AMENDING ORDINANCE NO. 978 TO ADOPT AND IMPLEMENT THE 2020 BUDGET; AND TO ESTABLISH AN EFFECTIVE DATE. WHEREAS, the Medina City Council enacted Ordinance 978 on December 9, 2019 approving the budget for 2020; and WHEREAS, it is necessary to increase General Fund Expenditures and Resources; and NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MEDINA, WASHINGTON, DO ORDAIN AS FOLLOWS: SECTION 1. Ordinance No. 978 is hereby amended as summarized below: General Street Tree Capital Contingency Total Fund Fund Fund Projects Fund All Funds Beginning Fund Balance $854,364 $ 17,971 $ 114,689 $1,572,882 Revenues $8,068,058 $ 95,957 $ 5,000 $1,164,020 Transfers In $ -0- $ 370,000 $ -0- $ -0- Total Resources $8,068,058 $ 465,957 $ 5,000 $1,164,020 Expenditures $7,015,016 $ 460,091 $ 40,000 $ 1,097,074 Transfers Out $ 370,000 $ -0- $ -0- $ -0- Total Uses $7,385,016 $ 460,091 $ 40,000 $ 1,097,074 Ending Fund Balance $1,537,406 $ 23,837 $ 79,689 $ 1,639,81 2020 Salary Schedule adopted with Ordinance 978 remains in place. $ -0- $2,559,906 $ -0- $9,333,035 $ -0- $ 370,000 $ -0- $9,703,035 $ -0- $8,612,181 $ -0- $ 370,000 $ -0- $8,982,181 $ -0- $3,280,760 SECTION 2. The City Manager is authorized to make any changes necessary to carry out the terms of this ordinance. SECTION 3. The effective date of this ordinance shall be (5) days after its publication of a summary of its intent and contents. Ordinance No. 992 Page 1 of 2 PASSED BY THE CITY COUNCIL ON THIS 9TH DAY OF NOVEMBER 2020, AND SIGNED IN AUTHENTICATION OF ITS PASSAGE THE 9TH DAY OF NOVEMBER 2020. Approved as to form: Ogden Murphy Wallace, PLLC Scott M. Missall, City Attorney PUBLISHED: 11 /20/2020 EFFECTIVE DATE: 11/25/2020 ORDINANCE NO.: 992 essica Rossman, Mayor Attest: (jk, wb - 41, - �Oonxnnfn Aimee Kellerman, City Clerk Ordinance No. 992 Page 2 of 2