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HomeMy WebLinkAboutORDINANCE 0598-1980CITY OF KENAI ORDINANCE NO. 598-80 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA AMENDING KMC 7.25.010(d) TO CHANGE DATE FOR AIXIYTION OF BUDGET AND APPROPRIATION ORDINANCE AND TO SET A DATE FAR FIXING THE TAX LEVY. WHEREAS, the Kenai Municipal Code at this time provides for adoption of the budget ordinance and appropriation for the fiscal year not less than 10 days prior to the end of the previous fiscal year, and WHEREAS, the rate of levy of tax for the succeeding fiscal year cannot be fixed until the budget ordinance has been adopted, and WHEREAS, AS 29.53.400 requires that the Council shali by June 15 of each year present to the Borough Assembly a statement of the City's levy for the following fiscal year, and WHEREAS, the date for adoption of the budget and appropriation ordinance should be advanced so t::at there will be ample time to make such presentation of the rate of taxy levy to the Assembly. Syj' NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKAs section is That KMC 7.25.010(d) is hereby amended as followss "(d) After the public hearing and not later [LESS] than the 101h day[S] of June [PRIOR TO THE END OF THE FISCAL YEAR], the Council shall, by ordinance, adopt a budget for the following fiscal year and make an appropriation of the money needed therefore and shall. = 1 rMIN5 IR 1 . 4 1 J i1 PASSED BY THE COUNCIL OF THE CIT 1-1 ATTEST s ,, /� Wagm 11 J et Whelan, City Clerk Y First Readings August 6, 1980 Second Readings August 20, 1980 Effective Dates September 20, 1980