789 Increase Operating TransferCITY OF YELM
ORDINANCE NO. 789
AN ORDINANCE of the City of Yelm amending the 2003 City of
Yelm Budget, adopted by Ordinance No. 772 (12/02), by increasing
the operating transfer from the Current Fund (001) to the City Street
Fund (101) and declaring an effective date.
WHEREAS, the City Street Department is funded primarily by
operating transfers from the Current Fund; and
WHEREAS, prior and current year cost increases exceeded
planned estimates and will result in a shortfall before the end of the
current budget year;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF YELM,
WASHINGTON DO ORDAIN AS FOLLOWS:
Section 1. The 2003 City of Yelm Budget shall be amended by decreasing the
existing $729,000 Capital Reserve appropriation in the Current
Fund and increasing the Operating Transfer to City Streets by
$55,000 each.
Section 2. Ratify and Confirmation Clause -Any action taken pursuant to this
ordinance but prior to the effective date is hereby ratified and
confirmed.
PASSED and signed in authentication on this 24t" day of September, 2003
Ad~`n Rivas, Mayor
Authenticated:
Agn P. Bennick, City Clerk
Effective: October 8, 2003
Published: October 3, 2003
City of Yelm Ordinance No. 789 Page 1 of 1
ab\legal\2003\789