HomeMy WebLinkAbout3185 ORDINANCE NO. J/F '
AN ORDINANCE of the City of Bremerton app~6ving and adopting
the financial budget fo~ the several funds of the City govern-
ment of the City of Bremerton for the fiscal year 1975 and
appropriating the amounts set forth in said budget to each
Fund in accordance with RCW 35.33.075.
THE CITY OF BREMERTON DOES ORDAIN:
Section 1. That the Financial budget for the City of Bremerton, to wit,
the "Official Budget for the year 1975, City of Bremerton", now on file in the
office of the City Clerk of the City of Bremerton, be and the same is hereby
approved and adopted, and the respective amounts provided for in said budget for
the several funds of the City of Bremerton, be and the same are hereby fixed and
adopted as follows:
ESTIMATED REVENUES AND EXPENDITURES FOR THE YEAR 1975
General Fund $ 4,333,875
Street Fund 654,500
Arterial Street-Fund 347,000
Water Sewer Fund 2,398,873
Equipment Rental Fund 101,000
Repair Garage Fund 151,479
Small Stores Fund 14,100
Emergency Employment Act Fund 7,449
Ceta II Fund 16,700
Parking System Revenue Ftmd 178,775
Off Street Parking Construction Fund 29,680
Municipal Transit Fund 423,000
Motor Vehicle Excise Tax Fund 21,200
Federal Revenue Sharin~ Fund 500,000
Cemetery Perpetual Care Fund 60,600
L.I.D. Guaranty Fund 2,000
Storm Sewer Construction Fund 47,400
Employees' Retirement Fund 721,000
Fire Pension 735,000
Police Pension 137,000
Ordinance
Page 2
Estimated Revenues and Expenditures for the Year 1975 Con'd
Cumulative Reserve for General Municipal Purposes $ 207,000
Cumulative Reserve for Acquisition of Land 50,000
Cumulative Reserve for Water System Improvement 638,000
Cumulative Reserve for Sewer System Improvement 164,000
Golf Course Bonds Fund 55,802
Fire Fighting Equipment Bond Fund 17,525
Theatre Construction Fund 398,000
CiVic Improvement Fund 7,000
1970 Parking System Redemption B~md Fund 113,950
1970 Parking System Reserve Bond Fund 101,640
1955 Water Sewer Bond Redemption Fund 142,820
1955 Water Sewer Bond Reserve Fund 107,800
1962 Water Sewer Bond Redemption Fund 20,889
1962 Water Sewer Bond Reserve Fund 24,100
1965 Water Sewer Bond Redemption Fund 30,100
1965 Water Sewer Bond Reserve Fund 69,000
1971 Water Sewer Bond Redemption Fund 77,000
1971 Water Sewer Bond Reserve Fund 53,700
1973 Water Sewer Bond Redemption Fund 110,592
Grand Total Estimated Revenue and Expenditures 13,269,549
Of the total revenue the sum of $887,000 is the estimated amount to
be received from a $3.60 levy per $1,000 of assessed valuation of all the proPerty
within the city limits of the City of Bremerton, and $319,000 is the estimated
amount to be received from a 20% payment in lieu of taxes by the City Water Dept.
on its gross operating revenues.
Section 2. That the separate totals set forth in Section 1 hereof
for each of said funds, as particularly itemized in the "Offical Budget for the
year 1975, City of Bremerton", on file in the office of the City Clerk of the
City of Bremerton, be and same are hereby appropriated to each of said departments
for fiscal year 1975.
Page' 3
Section 3. Nothing contained herein shall be construed to require the
City of Bremerton or its officers to fill any vacancy in any of the positions
established by this Ordinance resulting from the discharge, resignation, or
retirement of such employee. Nothing herein contained shall require the City of
Bremerton or its officers to pay the maximum amount budgeted for any position
shown therein.
Section 4. This Ordinance shall be in full force and effect immediately
following passage and publication as provided by law.
PASSED by the City Council of the City of Bra~erton, signed by the }~yor
and attested by the City Clerk in authentication of such passage this //7~--
day of December, 1974.
ATTEST:
G.C. SR., City Clerk