HomeMy WebLinkAboutORDINANCE 1374-1990w
Suggested by: Administration
City of Kenai ~ .
ORD?.~IAN4"'E N0. 1374-90 ~ '
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA ADOPTING THE
ANNUAL BUDGET FOR THE FISCAL YEAR COMIKENCING ~tJLY 1, 1990, AND ENDINC3
JUNE 30, 1991.
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, SE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI,
ALASKA as follows:
Section is
That certain document entitled "City of Kenai 1990-91 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 adapted
as the budget for the City of Kenai for the fiscal year commenc~:ng
July 1, 1990 and ending June 30, 1991.
Section 2:
The following sums of mon®y are hereby appropriated for the operations
of the City of Kenai for the fiscal year commencing on the first day
of July, 1990, and ending the 30th day of June, 1991, 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 adogted
by Section 1 hereof:
General Fund
Operating Budget $6,685,873
Restricted Reserves __ 500,000
$7,185,873
Boating Facility Fund 201,822
Airport Terminal Fund 247,550
Water and Sewer Fund 950,373
Airport Land System Fund 1,429,000
Senior Citizen Funds 403,530
Debt Service Funds 1,035,300
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PASSED ~BY THE COLiI~CIL OF THE CITY OF KENAI, ALASKA, this 6th day. of
dune, 1990,
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City Clerk
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First Reading:
Second Reading:
Effective Date:
Approved by Finance: ~ R~
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44/27/90)
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May 16, 1990
June 6, 1990
June 6, 1990
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