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ORDINANCE NO. ,'`7h n <br /> 1 AN ORDINANCE supplementing appropriations <br /> of the budget for the City of Everett for <br /> 2 1976; and amending Ordinance No. 376-75 <br /> and declaring an emergency to exist. <br /> 3 <br /> 4 WHEREAS, the City Council has now appropriated certain local, State <br /> 5 and Federal funds to approved programs within the 1976 budget; and <br /> 6 WHEREAS, the source and application of funds have been identified; <br /> 7 <br /> 8 NOW, THEREFORE, THE CITY OF EVERETT DOES ORDAIN that the following <br /> reallocation of revenue sources shall be made to the 1976 budget: <br /> 9 <br /> 10 Section 1: That the revenue be reallocated in the following manner: <br /> 11 <br /> a. Fund 425 - Transit <br /> 12 <br /> 13 (1) Program 112 - Maintain Transportation <br /> Services, no change in appropriations $800,443 <br /> 14 - <br /> 15 b. Source of Funds <br /> 16 (1) Fund 425 - Transit <br /> 17 Cash on Hand $150,360 <br /> Household & Employee Tax 234,471 <br /> 18 DOT/UMTA Operating Grant 150,370 <br /> UMTA Capital Grant 27,131 <br /> 19 Motor Vehicle Excise Tax 234,471 <br /> Passenger Revenue 144,000 <br /> 20 Special Bus Revenue 7,000 <br /> Interest Earnings on Investments 3,000 <br /> 21 $950,803 <br /> 22 Original Allocation $807,425 <br /> 23 Increase 143,378 <br /> 24 Amended Allocation $950,803 <br /> 25 <br /> Section 2: That the revenues be increased by an estimated amount <br /> 26 of $143,378. <br /> 27 <br /> 28 <br /> 29 <br /> 30 <br /> 31 <br /> • <br /> 32 <br />