HomeMy WebLinkAbout1996-061 1996 Budget ORDINANCE NO. 96- 61- .
• et for the City of Yakima, making
AN ORDINANCE amending the 1996 budget y g
appropriations for the Fire IAFF Labor Settlement from the
Unappropriated Fund Balance within the Firemen's Relief &
Pension Fund for expenditure - during 1996
WHEREAS, the amount of $43,000 must be appropriated within the Firemen's
Relief & Pension Fund in order to provide for Fire IAFF Labor Settlement, and
WHEREAS, at the time of the adoption of the 1996 budget it could not
reasonably have been foreseen that the appropriation provided for herein would be
required, and the City Council finds that an emergency exists of the type contemplated
by RCW 35 33 091 and that it is in the best interests of the City to make the transfers
and appropriations herein provided, now, therefore,
BE IT ORDAINED BY THE CITY OF YAKIMA:
Section 1. The amount of $43,000 is hereby appropriated from the
• Unappropriated Fund Balance in the Firemen's Relief & Pension Fund to account
number 612 -4- 612 - 642 - 0006 - 51720 -290 as a 1996 appropriation
Section 2. This ordinance is one making an appropriation and shall take
effect immediately upon its passage, approval and publication as provided by law and
by the City Charter
PASSED BY THE CITY COUNCIL, signed and approved this 20th day of
Angust , 1996
1 4tr.Z 1 #" —-- --
Lynn/Buchanan, Mayor
ATTEST:
/j0h_)2 ,A / -4- e �k—
CITY CLERK
• Fag 8/6
Publicat Re ion din Date 8/2
Effective Date 8/23/96
LEGAL/bd
Appro p. Ord. 11 6
8/2
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BUSINESS OF THE CITY COUNCIL
YAKIMA, WASHINGTON
III AGENDA STATEMENT
Item No °`
For Meeting Of Aug. 6. 1996
ITEM TITLE An Appropriation Ordinance amending the 1996 Budget for the City of Yakima
within the Firemen's Relief and Pension Fund
SUBMITTED BY John R Hanson, Director of Finance & Bud et
CONTACT PERSON/TELEPHONE John Hanson / 575 -607
SUMMARY EXPLANATION
The Fire IAFF labor settlement affects the calculation of pension benefits for pensioners, whose
benefits are tied to current salary Approximately $43,000 will be needed to properly pay these
pensioners for the calendar year 1996 This includes retroactive adjustments to January, 1996.
III
Resolution ._ Ordinance x Contract _ Other (Specify)
Funding Source 612 Firemen'sIief and Pension Fund
APPROVED FOR SUBMITTAL �~_ \
City Manager
STAFF RECOMMENDATION Read Ordinance by title at the August 6, 1996 Council meeting
Pass Ordinance following second reading at the August 20, 1996 meeting
BOARD /COMMISSION RECOMMENDATION
• COUNCIL ACTION First reading of ordinance; second reading scheduled 8/20/96.
Legal /BD
Agenda FR & P