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HomeMy WebLinkAboutORDINANCE 1321-1989• Suggested by: Administration City of Kenai 02D71NUCB NO. 1321-89 AN ORDINANCE OF THE COUNCIL OF THE CTTy OF KENAI, ALA•SKA ADOPTING THE ANNUAL BUDGET FOR THE FISCAL YEAR COMENCING JULY 101989.1, AND ENDING JUNE 30, 1990. 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: That certain document entitled "City of Kenai 1989-90 Annual Budget" which is available for examination by the public in the Office of the . City Clerk and is.incorporated herein by reference, ie hereby adopted as the budget for the City o£ Kenai.for the fiscal.year commencing July 1, 1989 and ending June 30, 1990. 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, 1989, and ending the 30th day of June, 1990, 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: General Fund Operating Budget $6,077006 Restricted.Reserve - Capital Improvements 2000000 $6,277,306 Boating Facility Fund 1970000 Airport Terminal Fund 205,000 Water and Sewer Fund 683,000 Airport Land System Fund 1,427,500 Debt Service Funds 1,067,900 Senior Citizen Funds 367 k' G • pASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 7th day of June, 1989. ATTEST: Ruotsala, City Cleric First Reading: May 17, 1989 Second Reading: June 70 1989 A;•. Effective Date: June 7, 1989 Y, i; Approved by Finance: (8/2/89) jal 2