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
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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,
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Approved by Finance:
(8/2/89)
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