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HomeMy WebLinkAboutORDINANCE 0399-1978CITY OF KENAI '~ ORDINANCE NO. 399-78 AN ORDINANCE OF THE COUNCIL OF TIIE CITY OF KENAI, ALASKA INCREASING ESTIMATED REVENUES AND APPROPRIATIONS BY $24,438 IN THE GENERAL FUND. WHEREAS, on March 18, 1978, the City of l~enai sold surplus equipment and other materials at an outcry auction as directed by Ordinance 390-78, and WHEREAS, proceeds from this auction amounted to $24,436, after payment to the auctioneers for their services, and WHEREAS, proper accounting practices require that all approprations of City monies be made by ordinance. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI that the following increases in estimated revenues and appropriations are hereby made for FY 1977-78. General Fund Estimated Revenue: Sale of other Assets $24,436 Appropriations: Public Works Administration - Advertising Non-departmental transfer to: Water & Sewer Fund Streets - Machinery & F. quipment Shop - Machinery & Equipment Water & Sewer Fund 176 12,130 8,130 4,000 Estimated Revenues: Transfer from General Fund $12,130 Appropriations: Water & Sewer - Machinery & Equipment Sewer Treatment - Machinery & Equipment 8,130 4,000 PA8SED BY THE COUNCIL OF THE CITY OF KENAI, this 3rd day of May, 1978. VINCENT O'REIL~iAYOR ATTEST~ ~ue/~.--Peter, City Clerk FIRST READING: April 26, 1978 SECOND READING: May 3, 1978 EFFECTIVE DATE; June 3, 1978 FINANCE DIRECTOR APPROVAL: ,~-~