HomeMy WebLinkAboutORDINANCE 1651-1995•
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Administration
CITY OF KENAI
ORDINAI~tCE NO. 1651-95
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA ADOPTING
THE ANNUAL BUDGET FOR THE FISCAL YEAR COMMENCING JULY 1, 1995,
AND ENDING JUNE 30, 1996.
WHEREAS, it is a requirement of the Code of the City of Kenai,
Alaska, that the City Council, not later than the tenth day of
June, adopt a budget for the following fiscal year and make
appropriation of the monies needed.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF
KENAI, ALASKA as follows:
Section 1.:
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General Fund
Operating Budget
Restricted Reserves
$8,116,850
300_, .OQO
$8,416,850
That certain document entitled "City of Kenai 1995-96 Annual
Budget" which is available for examination by the public in the
Office of the City Clerk and is incorporated herein by reference,
is hereby adopted as the budget for the City of Kenai for the
fiscal year commencing July 1, 1995 and ending June 30, 1996.
section 2:
The following sums of money are hereby appropriated for the
operations of the City of Kenai for the fiscal year commencing on
the first day of July, 1995, and ending the 30th day of June,
1996, to be expended consistent with and subject to the
restrictions, procedures, and purposes set forth in the Code of
the City of Kenai and to be expended substantially by line item
in the manner shown in the budget adopted by Section 1 hereof:
Boating Facility Fund
Airport Terminal Fund
Congregate Housing
Water and Sewer Fund
Airport Land System Fund
Senior Citizen Funds
Debt Service Funds
218,3?0
385,000
236,852
1,196,000
1,402,100
377,926
377,660
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Ord~.nance No. 1651-95
Page Twro
First Reading: May 17, 1995
Second Reading: June 7, 1995
Effective Date: June 7, 1995
Approved by Finance: c9
! kl/12/95)
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PASSED BY THE COUNCIL OF THE .CITY OF KENAI, ALASKA, this 7th day
of Julie, 1995.