The URL can be used to link to this page

Home My WebLink About10-27-2008 - Supplemental Materials'0 > Actual 200f, 2007 2Pr6Y fSud et 2U Projected fnrb t#tl Actual I Actual $ DESCRIPTION Year End EK Change ('h.en*e I FUND `GENERAL FUND BALANCE - BEGINREV -5,007,033 $ 2,648.364 Etih,737 i.259l43 $ 92,.06 S ENI. IN'EES 4.941.492 5,49X,919 3.211,56'9 14� 574) OPERATING TRANSFERS IN \a11 (11'' DI EXPENDITURES 4,1516-,6 4,212,208 4,811,141 S356;629 4,645,700 5,121.020 (35,609 OPERATING TRANSFERS -OUT 399,000 554,407 _ 51,2S, ?00 ow 700,000 5K500 (115,000) -In.4 ENDING FUND BALANCE $ 2,473,487 $ 2,648,364 $ 2,839.677 $ 2,242,101 S 2,992,896 S 2,499,445 $ 256,254 1 EQUIPMENT FUND BEGINNING FUND BALANCE $ 41,493 $ 67,544 $ 101,622 $ 71,6W $ 71.6SO $ 7,207 $ (64.473) 49.95`1. REVENUES 2,228 12.2195 112S� (12285) -10(1 00"i, OPERATING TRANSFERS -IN 77,000 77,000 80,000 - EXPENDITURES 53.177 42,922 109,942 79,4SO 76,758 - (79,480) -100 0(iq{, OPERATING TRANSFERS -Our_ - #DIV 0! ENDING FUND BALANCE $ 67,544 $ 101,622 $ 71,680 $ 4,495 $ 7.207 $ 7.207 $ 2,722 60.69,;, STREET FUND BEGINNING FUND BALANCE $ 191,423 S 223,730 S 297.897 $ 230.539 $ 730,539 $ 56,6)7 S (143,922) E2.4- -L REVENUES 63,126 ' 116,704 71.359 14900 65,S40 141,000 ---- (8,000) 5. , !. OPERATING TRANSFERS -IN 322,000 258,907 271.2S3 200000 -_-- 200,000 280,000 80,000 40 011%, _------_-_-_ EXPENDITURESS _.-- 35..,819 19 301,444 410,000 511.036 409,761 497.949 - (13,187) OPERATING TRANSFERS -OUT_ - - - DIV (I! ENDING FUND BALANCE S 223,730 ' S 297,897 $ 2307539 $ 69,503 $ 86,617 $ 9,768 $ (58,735) 45.741h„ RESERVE FUND BEGINNING FUND BALANCE S 1,776.380 S 1,776.380 S 1,776,380 $ 1,776,390 $ 1,776,3S0 $ 2,276,380 $ 500.000 28 1- 4 REVENUES - __ - OPERATING TRANSFERS -IN 500,000 500.000 (500,000) EXPENDITURES - #D[V,'O! OPERATING TRANSFERS -OUT - - - #DI\% 0! ENDING FUND BALANCE $ 1,776,380 $ 1,776,380 S 1,776,380 $ 2,276,3&6 $ 2,276,3S0 $ 2,276,3ft0 TREE FUND -- -- -- --- BEGINNING FUND BALANCE $ 69.592 $ 121,406 $ 134,400 $ 93,322 $ 83,322 S 16,1go $ (67,142) REVENUES 54353 15,415 - 35,600 38,928 15,0(o- (20.000) S .141". OPERATING TRANSFERS-1N #DI1 0! EXPENDITURES -- - - - -2 5 9 --------- 2,421 51.078 114.000 --- 106,070 - (114,000) -10f100R:. OPERATING TRANSFERS -OUT - #DIV 0! ENDING FUND BALANCE $ 121,406 $ 134,400 $ 83,322 $ 4,322 S 16,180 S 31,1 $ 26,858 621 43';t PART: PROPERTY DEBT FUND BEGINNING FUND BALANCE $ 102,298 : S 65,911 $ $ - g $ - - #DlV,O! REVENUES #DI\; '()! OPERATING TRANSFERS -IN 219,500 #DIV'(1! EXPENDITURES 36,387 2S4,410 #DIV'0! _ OPERATING TRANSFERS -OUT _ _ #DIV:O! ENDING FUND BALANCE $ 65,911 ' $ S $ $ - S $ #DIV`O! CAPITAL PROJECTS FUND BEGINNING FUND BALANCE $ 739.600 $ 1,422.007 S 1,796.060 S 1,327,93$ $ 1,327,9N $ 1,337,979' $ 10,040 (1 76: REVENUES 80,306' 873,690 761108 925.000 479,640 450,000 (375,000) 4 4�,i, OPERATING TRANSFERS -IN - 305,000 3051000 #DIV 01 EXPENDITURES 197.899 499,637 1,230230 i,y0s,U00 469,600 2,090,000 IS2,000 OPERATING TRANSFERS -OUT #DIV'01 ENDING FUND BALANCE $ 1,422,007 $ 1,796,060 $ 1.327,938 '$ 244,935 $ 1,337.97N S 13% $ (241.960) qti 78°:b TOTAL ALL FUNDS BUDGET BEGINNING FUND BALANCE $ 4,939,276 S 6.150,465 $ 6,754.724 6,329,537 $ 6,329,537 S 6,717.259 $ 387,722 f. I: % REVENUES 6,007,646 5,947,301 6,187.204 6,290.429 6,095,612 >,&17,569 (462,859) 7 , °:i, OPERATING TRANSFERS -IN 399,000 554.407 3,51.283 709,000 700,000 585,000 (1 1),000) I EXPENDITURES 4,796,457 5,343,042 6,612.391 7,764.145 - '-- 5.707,890 7,709,969 (60,276) 0.7,14" - OPERATING TRANSFERS -OUT ---- 99,000 554,407 351.210 700,000 -- 700,000 3fft (1 1 5,000) 1 F a , OTHER NON -EXPENDITURES - - #DIV'0! ENDING FUND BALANCE $ 6,150.405 S 6.754,724 $ 6,329.537 S 4,940,920 $ 6,717.259 5 4,525.*959 S (14.861) Io.. ■ / ~ j \k t� I I J J J J J y J J \+ J J Y Y� Y r, Yrnmm ^l m ..n -71 N.J c CA '7 `z r z d 'y r_ N ro x r A s CC W W y N Oc cc A A w w _ c, oc x A A v? N J J C l'1 W J 00 y J IJ N J A to s OG A A 1 1 qe ys CA A A A N tJ n n z A A N N N A A A I N C) C) cc N W w W S W z J 1> N rio (; n r ^ z Z ti n- r; !n N v d &A N IQ W W O C . J IJ i VC -1 �1 +.. $. 5 b N � r A f _L tJ o �_ o ? o za cr0 clot cs s N Shawn Whitney October 27, 2008 2 3 • Incorporates a Long Term Perspective; •'Establishes Linkage to Broad Organizational Goals; •`Focuses Budget Decisions on Results and Outcomes; • Involves and Promotes Effective Communication with Stakeholders; and • Provides Incentives to City Management and Emnnvco rd i 4e Ellr z � �� SUM.", � 4 4 OR NOM ", ' p Budget Po=1ic Investment Policy Purchasing Policy;; Technology Policy Debt Policy ° Travel Policy M Ar Asset Policy g 10 11 12 13 14 15 16 17 18 19 20 21 22 23 Budget 2009 2009 Budget Calendar City of Medina, Washington Statutory Planned Dates Dates 2009 Budget Process N/A 6/9/08 Review budget calendar. _ 9/08/08 8/2/08 Department Directors begin preparing 2009 Budget Requests. 9/22/08 9/15/08 Department Directors 2009 Budget requests submitted to Finance Officer and City Manager. 10/6/08 10/03/08 City Manager provides the 2009 Preliminary Budget to the City Council including the year end 2008 Revenue Projections. City Manager and Finance Officer reviews Preliminary Budget with Council Finance Committee 10/09/08 & 10/10/08 10/13/08 10/13/08 Council holds a work session on 2009 Preliminary Budget and receives input from the Department Heads and City Manager. 11/3/08 10/24/08 City Manager files 2009 Preliminary Budget & Budget Message with the City Clerk and the City Council. 11/14/08 10/27/08 & City Clerk publishes notices that 2009 Preliminary Budget has 11/4/08 been filed with the City Clerk and publishes notice of public hearing on final budget once a week for two consecutive weeks. 11/10/08 11/10/08 City Council Meeting 2009 Preliminary Budget Hearing and sets the 2009 Property Tax Levy. 11/30/08 11/11/08 2009 PROPERTY TAX LEVY SET The City is required to certify the Tax Levy with the King County Assessor's Office. *Note: Assessor's Office is traditionally late in providing the necessary levy information to the City and typically extends the deadline to mid -December. 11/19/08 11/10/08 Copies of the 2009 Preliminary Budget are made available to the public at the City Council meeting. 12/31/08 11/10/08 City Council Meeting 2009 Final Budget Adoption at the Regular Monthly City Council meeting. After Adoption As soon as final Copies of 2009 Budget are available to the public and filed document is with the Washington State Auditor's Office, MRSC, AWC, and printed. Bellevue Library.