ORDINANCE NO. 467

AN ORDINANCE OF THE TOWN OF SOUTH PRAIRIE, PIERCE COUNTY, WASHINGTON AMENDING THE 2005 BUDGET ORDINANCE NO. 457, TO RECOGNIZE VARIOUS REVENUES AND EXPENDITURES NOT ANTICIPATED AT THE TIME OF THE PASSAGE OF THE 2005 BUDGET.

Whereas, the Town established its 2005 Budget in Ordinance No. 457, and

Whereas, the Town desires to keep current on budget amendments, and

Whereas, an emergency is declared to exist which could not have been anticipated at the time of passage of the 2005 Budget Ordinance because some receipts and expenditures of funds were not anticipated at the time that the 2005 Budget was established.

Now, therefore, the Town Council of the Town of South Prairie, Pierce County, Washington do ordain as follows:

Section 1: The 2005 Budget Ordinance No. 457 be amended to reflect the revenues and expenditures incurred versus the estimates on Exhibit "1" attached hereto and incorporated by reference.

Section 2: An emergency is declared to exist.

Section 3: If any provision of this ordinance, or the 2005 Budget Ordinance No. 457 is determined to be unenforceable or invalid for any reason, the remaining provisions of this ordinance and the 2005 Budget Ordinance No. 457 are hereby determined to be in force and effect.

Section 4: This ordinance shall take effect and be in force five (5) days from and after its passage, approval and publication as required by law.

Mayor Layne Ross

INTRODUCED: 12-5-05

PASSED: 12-5-05

APPROVED: 12-5-05

PUBLISHED: 12-14-05

Michael J. Reynolds Town Attorney

TOWN OF SOUTH PRAIRIE 2005 BUDGET AMENDMENT

REVENUE: GENERAL FUND	18, 000.00
STREET FUND	700.00
VETERAN'S MEMORIAL FUND	1,000.00
UTILITIES FUND	3,500.00
GRANT FUND	200,000.00
LOAN WATER	53,000.00
TOTAL	276,200.00
EXPENDITURES: GENERAL FUND	18,000.00
STREET FUND	700.00
VETERAN'S MEMORIAL FUND	1,000.00
UTILITIES FUND	3,500.00
GRANT FUND	200,000.00
LOAN WATER	53,000.00
TOTAL	276,200.00