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HomeMy WebLinkAboutRESOLUTION 1991-11Suggested by: Public Works Director City of Kenai ~b'YXONI~O. 91-11 A RESOLUTION OF THE COUNCIL.OF THE CITY OF KENAI, ALASKA T~SFERRING $23,000 IN THE GENEI~FUND FOR ADDITIONALMONEY IN THE SHOP BUDGET. .WH~S, the Shop operating supply and repair and maintenance sUpPly budgets are nearly depleted, and at the current'rate of expenditure will be overspent by year-end, and WHEREAS, the Public Works DePartment has requested a transfer to provide additional funds. NOW, THEREFOP~, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF K~NAI, ALASKA, that the following budget transfers be made: General_Fund From: Other - Contingency $23,000 To: Shop - Operating Supplies $11,000 Shop - Repair & Naintenance Supplies 12,000 PASSED BY THE March, 1991. ATTEST: COUNCIL OF THE CITY OF K~NAI, AI~SKA, this 20th day of Carol L. Freas, City Clerk Approved by Finance:~ (~/1~/~1) k~ l?gl-lgB1 CITY OF KENAI 210FIDALGO KENAI, ALASKA 8~11 TELEPHONE 285 - 71aS FAX 907-28~3014 TO: FROM: DATE: SUBJECT: #illiam J, Brighton, City Manager Charles A. Brown, Finance Director Kei~hKornelis, Public #or~s Director~ March 15, 1991 It appears that the accounts of operating supplies and R & M Supplies in the Shop are not sufficient to complete thisFX~year. The operating suppXies account has a balance of $10,000 out of a $75,147 budget. The higher cost of fuel is probably the biggest contributor to this shortage. Both material costs and freight costs have also sharply increased. The R & M Supplies account has a balance of $1,951 out of a $119,620 budget. When equipment breaks down our shop repairs it. Costs fluxuate tremendously depending on the severity of the repairs and the number of repairs. Last month $36,000 was spent in this-account.- Tbs.-sharp increase_ in cost for the repair and maintenance parts and freight is a major reason for this shortage. after sing over tho figures with ahazlAe, X reoomuendtransferzing - -g- ..... - ......... ~und Balance ~ZX~O00 4nrc .SHOD -oPe, ratin~ ~z-~iee nad 91~.000 4nrC S~OD - R & M BUDDiZe~. Tala S~$11 not bo enough. KK/kv