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HomeMy WebLinkAboutORDINANCE 1073-1985B�4 Suggested by: Administration CITY OF KENAI ORDINANCE NO. 1073-85 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, INCREASING ESTIMATED REVENUES AND APPROPRIATIONS IN THE 1985-86 GENERAL FUND BUDGET BY $200,000 FOR THE COST OF MUNICIPAL INSURANCE. WHEREAS, the City has experienced significant increases in the cost of its various insurance policies for FY 85-86; and WHEREAS, these costs are expected to exceed the amount projected in the 1985-86 budget by approximately $200,000. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, that estimated revenues and appropriations be increased as follows: General Fund Increase Estimated Re?enues: Apropriations of Fend Balance $200,000 Increase Appropriations: Non -Departmental -- Insurance $200,000 PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this seventh day of August, 1985. TOM WAGONER, YOR ATTEST: I mm. e"e& at Whelan, City Clerk First Reading: July 17, 1985 Second Reading: August 7, 1985 Effective Date: August 7, 1985 Approved by Finance: L'yQ