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HomeMy WebLinkAbout2024-034 Ordinance amending the 2024 Budget for the City of Yakima and making appropriations from unappropriated fund balances within various funds for expenditure during 2024 for various purposes ORDINANCE NO. 2024-034 AN ORDINANCE amending the 2024 Budget for the City of Yakima; and making appropriations from Unappropriated Fund Balances within various funds for expenditure during 2024 for various purposes. WHEREAS, the various funds indicated on the attached Schedule I contain Unappropriated Fund Balances available for appropriation and expenditures during 2024 in various amounts and for the purposes mentioned in the attached Schedule; and WHEREAS, at the time of the adoption of the 2024 budget, it could not reasonably have been foreseen that the appropriation provided for by this ordinance would be required; and the City Council declares 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 2024, from Unappropriated Fund Balances in the various Funds to the various accounts and in the various amounts, and for the various specific purposes, all as specified in the Schedule I 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 19th day of November, 2024. Patricia Byers Mayor p,KI MA ATTEST:10 t (SEAL; ; osalinda Ibarra, City Clerk 44,''istiiNG�= First Reading: November 4, 2024 Publication Date: November 23, 2024 Effective Date: November 23, 2024 City of Yakima 2024 Budget Amendment SCHEDULE I 4th QTR From Fund Debit To Fund Credit a Description Fund I Account#I Name $ Fund(Account I Name I $ Ref New Revenue-offsetting increases in expenditures and revenues Airport Operating 421 8956711 Contributions&Donations $ 453,000 00 421 2824300 Transportation $ 453,000.00 1 SCASD(Small Community Air Service Development)Grant Parks Capital 331 8956711 Contributions&Donations $ 2,000,000 00 331 5436500 Construction Projects $ 2,000,000.00 2 MLK Aquatic Center Donations for MLK Pool Parks Capital 331 8953453 Dept Of Commerce $ 1,197,700.00 331 5436500 Construction Projects $ 1,197,700 00 3 DOC(Department of Commerce)Grant for MLK Pool Parks Capital 331 8956711 Contributions&Donations $ 30,000 00 331 5434100 Professional Service $ 30,000.00 DOC(Department of Commerce(Grant for MLK Pool $ 3,680,700.00 $ 3,680,700.00 'Increase Budget Expenditures from Reserves Capital Theatre 174 2730055 Transfer Out $ 33,930 00 272 8950050 Transfer In $ 33,930 00 4 2007 Convention Center Debt Airport Operating 421 Reserves $ 47,000.00 421 2824300 Transportation $ 47,000.00 5 SCASD Grant match Unemployment 512 Reserves $ 65,000 00 512 1852710 Unemployment Comp Benefits Pd. $ 65,000 00 6 Increase in Unemploymnet Comp Benefits Medical 513 Reserves $ 36,200 00 513 1711400 Retiremt/Termination Cash Out $ 36,200 00 7 Retirement Cash Outs Risk Management 515 Reserves $ 145,000 00 515 6634601 Property Insurance $ 145,000.00 8 Property Insurance Increase Police Capital 333 Reserves $ 21,000 00 333 3013503 SWAT Minor Equip $ 21,000 00 9 Swat Equipment Cemetry 144 Reserves $ 9,000 00 144 5184704 Water $ 9,000 00 10 Increase in Water usage EMS Levy 150 Reserves $ 100,000 00 150 3221200 Overtime $ 100,000.00 11 Fire Re-Org additional Costs EMS Levy 150 Reserves $ 200,000.00 150 3221110 Salaries $ 200,000.00 Fire Re-Org additional Costs Fire Pension 612 Reserves $ 55,000 00 612 6824102 Medicare Premiums $ 55,000 00 12 Increase In Medicare Premiums Fire Pension 612 Reserves $ 108,000.00 612 6824161 Retired Leoff Med.Benefit Fire $ 108,000.00 Increase in Retired LEOFF Medical Benefits for Fire $ 820,130 00 $ 820,130 00 House Keeping $ - $ $ 4,500,830 00 $ 4,500,830.00 10/23/2024 1 of 1 \\yakima_city\YKFN\Shared\ `y s ljlt ii! •' r I!I/ . s BUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTON AGENDA STATEMENT Item No. 7.L. For Meeting of: November 19, 2024 ITEM TITLE: Ordinance amending the 2024 Budget for the City of Yakima and making appropriations from unappropriated fund balances within various funds for expenditure during 2024 for various purposes (Second Reading) SUBMITTED BY: *Viren Mayani, Director of Finance & Budget Kimberly Domine, Financial Services Manager Jennifer Paxton, Financial Services Officer SUMMARY EXPLANATION: This appropriation is an ordinance amending the 2024 Budget to provide appropriations for projects or programs which were unknown or uncertain and therefore not included at the time of the 2024 Budget adoption. ITEM BUDGETED: N/A STRATEGIC PRIORITY 24-25: A Resilient Yakima RECOMMENDATION: Pass ordinance. ATTACHMENTS: Budget Ordinance 4Q2024 MEMO-2024 4th Quarter Buget Amendment.pdf Schedule 1_2024 th Qtr Budget Amendment 2024 Revised Budget By Fund 4th Quarter.pdf 148