Ordinance 2309-98 - Laserfiche WebLink

1998 Budget Amendments Tally Sheet Department Code Rev Exp FB 33 Rainy Day Fund NGA Fund Balance Adjustment 160A (519,649) - (519,649) 33 GF GGA Fund Balance Adjustment 002A 519,649 33 GF GGA Fund Balance Adjustment 009A 519,649 Narrative: RCW 35.33.145 limits the Rainy Day Fund Reserve balance to 37.5 cents per 1,000 AV. This budget amendment transfers back to the General Fund the reserve balance that has accumulated in the Rainy Day fund in excess of legal limitations. Increase General Fund Property Tax Revenue 002-3111002000 519,649 Increase General Fund Ending Fund Balance 009-5980000490 519,649 Decrease Fund 160 Property Tax Allocation 160-3110000000 519,649 Decrease Fund 160 Ending Fund Balance 160-5990000490 519,649 Department Code Rev Exp FB 34 Parks GGA Kasch Park Softball Improvements 101A 60,228 60,228 0 Narrative. In 1989 the Parks Dept.assumed control of the Everett area adult softball program. At that time,the City acquired the equipment,supplies and some funds attached to the program for field and facility improvements. The funds have been held in a separate cash account. The current balance of the account is $60,228. Increase turf aerator purchase expen. 101-5521000000640 25,000 Increase PA system purchase expen. 101-5521000000310 1,500 Increase 12 dug-out covers purchase expen. 101-5521000000650 15,000 Increase cloverleaf observation area enclosure exp. 101-552000000650 18,728 Increase Miscellaneous Revenue 101-369XXXX0X 60,228 806_08_1 7/7/98 9:47 AM