WHEREAS, on or before the first business day in the third month prior to the beginning of the fiscal year of 2005, the City Clerk submitted to the Mayor the estimates of revenue and expenditures for the next fiscal year as required by law; and

WHEREAS, the Mayor reviewed the estimates a made such revisions and/or additions as deemed advisable, and filed the preliminary budget with the City Clerk; and

WHEREAS, the City Clerk provided sufficient copies of such preliminary budget to meet the reasonable demands of taxpayers, and published and posted notice of filing for the availability of said preliminary budget, together with the date of a public hearing for the purpose of fixing the final budget, all as required by law; and

WHEREAS, the City Council scheduled hearings on the preliminary budget for the purpose of providing information regarding estimates and programs; and

WHEREAS, the City Council met on December 7, 2004 for the purpose of fixing a final budget at which hearing all taxpayers were heard who appeared for or against any part of said budget; and

WHEREAS, following the conclusion of said hearing the City Council made such adoptions and changes, as it deemed necessary and proper.

Section 1. The budget for the City of Gold Bar, Washington, for the year 2005 is hereby adopted at the fund level in its final form and content as set forth in Exhibit A attached hereto, three copies of which are on file in the office of the City Clerk.

Section 2. The estimated revenues and expenses for each fund of said budget are set forth in summary form below and are hereby appropriated for expenditure at the fund level during the year 2005 as follows:

FUND REVENUE EXPENSE

General Fund $ 507,705 $ 507,705

Street Fund $ 145,000 $ 145,000

Park Impact Fee $ 17,400 $ 17,400

Street Impact Fee $ 5,625 $ 5,625

Municipal Capital Improvement $ 51,000 $ 51,000

Street Improvement Fund $ 5,625 $ 5,625

Water Operations $ 351,500 $ 351,500

Water Capital Improvement $ 126,636 $ 126,636

Water Emergency Reserve $ 48,000 $ 48,000

Recycling $ 35,000 $ 35,000

Section 3. A complete copy of the final budget for 2005, as adopted, together with a copy of this adopting ordinance shall be transmitted by the City Clerk to the Division of Municipal Corporations of the Office of the State Auditor and to the Association of Washington Cities.

Section 4. The Salary Grid, attached as Exhibit B and incorporated by this reference as if set forth in full, shall govern the salaries for all city employees except as otherwise provided by ordinance.

Section 5. This ordinance shall take effect January 1, 2005.

PASSED by the City Council of the City of Gold Bar this 21^st day of December 2004.

APPROVED:

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ATTEST Colleen Hawkins, Mayor

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Hester L. Gilleland, City Clerk-Treasurer

Introduced:

First Reading:

Posted:

Second Reading:

Adopted:

Published: