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HomeMy WebLinkAbout1998-054 Amending the 1998 Budget • ORDINANCE NO. 98- 54 AN ORDINANCE amending the 1998 budget for the City of Yakima; and making appropriations of $43,815 within the 141 Streets and Traffic Engineering Fund for expenditure during 1998 for various projects. WHEREAS, the amount of $43,815 must be appropriated within the 141 - Streets and Traffic Engineering Fund for expenditure during 1998 for various projects mentioned in the attached Schedule, and WHEREAS, at the time of the adoption of the 1998 budget it could not reasonably have been foreseen that the appropriation provided for by this ordinance 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 appropriation herein provided, now, therefore, BE IT ORDAINED BY THE CITY OF YAKIMA: Section 1. Appropriations are hereby made, for expenditure during 1998, from the Unappropriated Fund Balance in the 141- Streets and Traffic Engineering Fund to the various accounts and in the various amounts, and for the various specific purposes, all as specified in the Schedule attached hereto and incorporated herein. 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 .� day of NOII* 1998. _ =– ��� o� r JOHN PUCCINELLI, MAYOR ATTEST: f CITY CLERK First Reading: , 10 -20-98 Publication Date: 11-10 -q, Effective Date: • AO /Memo 10/13/98 • 10/13/98 5:24 Pin SCHEDULEI • Street and Traffic Engineering Fund Revenue Transfer from the Cumulative Reserve for Capital Improvement Fund 141 -3- 133- 646 - 0000 - 349.95 -TEN $12,000 Appropriations Overtime -to support the Grind and Overlay Projects 141 -4- 133 - 646 - 0000 - 519.70 -120 $12,000 PERS /Excess Comp at Retirement _ • 141 -4- 141- 224 - 0000 - 542.67 -224 $11,829 141 -4- 141- 521 - 0000 - 542.30 -224 $19,986 TOTAL $12,000 $43,815 • Page 1 BUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTON AGENDA STATEMENT Item Number For Meeting of: October 20, 1998 ITEM TITLE: A: Budget Appropriation for work completed by Traffic Operations for 1998 Grind and Overlay Project B: Budget Appropriation due to unexpected costs associated with PERS/EXCESS COMP @ RETIREMENT SUBMITTED BY: Chris Waarvick, Director of Public Works 129 CONTACT PERSON /TELEPHONE: Shelley Willson, Acting Street and Traffic Operations Manager SUMMARY EXPLANATION: A: Traffic Operation work related to 1998 Grind and Overlay Project • Staff respectfully requests Council consideration and approval of a budget appropriation due to unbudgeted work required by the 1998 Grind and Overlay Project. Traffic Operation personnel were impacted by contractor scheduling that required nightshift work. This expenditure will be directly offset by revenue expected from the project. Staff estimates total expenditure for the project at $12,000. ....continued on page two.... Resolution Ordinance XX Contract Other (Specify) Funding Source _ \ APPROVED FOR SUBMITTAL: \...s.- 4- City Manager STAFF RECOMMENDATION: Staff respectfully requests that Council read the ordinance by title only at the October 20, 1998 meeting and pass the ordinance after the second reading at the November 3, 1998 meeting. BOARD /COMMISSION RECOMMENDATION: • COUNCIL ACTION: First reading of Ordinance; second reading scheduled 11/3/98. C: \Shelley's Folder \budget app g &o and excess comp.doc B: PERS/EXCESS COMP (a) RETIREMENT Staff respectfully requests Council consideration and approval of a budget appropriation to cover the unexpected mandated payment of State "PERS/EXCESS COMP at Retirement" for two long time street employees. The payment from the fund was originally estimated to occur during the 1999 Budget. However, the payment was made earlier than expected and was paid out of the 1998 Budget. Staff requests an appropriation of $31,815 to cover this unbudgeted payment. Conclusion The budget appropriations total $43,815. The impact to the Street Reserve Fund is $31,815, leaving an estimated fund balance in the account of $434,000. 11111 C: \Shelley's Folder \budget app g &o and excess comp.doc