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HomeMy WebLinkAboutOrdinance No. 0992Ordinance No. 992 Page 1 of 2 CITY 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 $ -0- $2,559,906 Revenues $8,068,058 $ 95,957 $ 5,000 $1,164,020 $ -0- $9,333,035 Transfers In $ -0- $ 370,000 $ -0- $ -0- $ -0- $ 370,000 Total Resources $8,068,058 $ 465,957 $ 5,000 $1,164,020 $ -0- $9,703,035 Expenditures $7,015,016 $ 460,091 $ 40,000 $ 1,097,074 $ -0- $8,612,181 Transfers Out $ 370,000 $ -0- $ -0- $ -0- $ -0- $ 370,000 Total Uses $7,385,016 $ 460,091 $ 40,000 $ 1,097,074 $ -0- $8,982,181 Ending Fund Balance $1,537,406 $ 23,837 $ 79,689 $ 1,639,828 $ -0- $3,280,760 2020 Salary Schedule adopted with Ordinance 978 remains in place. 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 2 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. PUBLISHED: 11/20/2020 EFFECTIVE DATE: 11/25/2020 ORDINANCE NO.: 992