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HomeMy WebLinkAboutResolution No. 2024-21V 0 POSTPONED INDEFINITELY 6/6/2024 CITY OF KENAI RESOLUTION NO. 2024-21 Sponsored by: Administration A RESOLUTION, AUTHORIZING A BUDGET TRANSFER IN THE AIRFIELD FUND, AIRPORT DEPARTMENT FOR AMOUNTS IN EXCESS OF BUDGET. WHEREAS, the FY2024,A_ nnual Budget for the City requires more funding for leave in the Airfield Fund due to retirement; and, WHEREAS, the Airport Operations Supervisor retired on May 30, 2024; and, WHEREAS, the Airport has adequate funding for airfield operating supplies through the end of June; and, WHEREAS, the additional funds of $28,000 are needed to pay for accumulated leave. NOW, THEREFORE, BE IT RESOLVE BY THE COUNCIL OF THE CITY OF KENAI, ALASKA: Section 1. That the City Manager is a orized to reallocate the existing airport funds as detailed below. Airport Fund: Decrease Expenditures: Airfield Operating Supplies $2 Increase Expenditures: Airfield Leave $28.000 Section 2. That this Resolution takes effect immediately uporr passage. PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, THf3 5T" DAY OF JUNE, 2024. ATTEST: Michelle M. Saner, MMC, City Clerk Approved by Finance: New Text Underlined; [DELETED TI Kk NAI City of Kenai 1 210 Ficlalgo Ave, Kenai, AK 99611-7794 1 907.283.75351 www.kenaixity TO: Mayor Gabriel and Council Members THROUGH: Terry Eubank, City Manager FROM: Derek Ables, Airport Manager DATE: May 26, 2024 SUBJECT: Resolution No. 2024-21 — Authorizing a Budget Transfer in the Airfield Fund, Airport Department. The Airport is requesting to transfer $28,000 from the Airfield Operating Supplies fund to the Airfield Leave fund. Over the last year there have been personnel changes that left some uncertainty on the retirement date of the Airport Operations Supervisor. All of the positions have been filled and the Airport Operations Supervisor decided on a date that would leave the Airport in a good place moving forward. This date was 5/30/24. This meant that accumulated leave falls in FY24. The Airport has worked diligently to adequately budget the Airfield Fund overall. This transfer will allow the Airport to have funding in the Airfield leave and Airfield Operating Supplies funds through the end of FY24. Your support for a budget transfer is respectfully requested. Thank you for your consideration.