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HomeMy WebLinkAboutORDINANCE 2005-20031 Suggested by: Administration CITY OF KENAI ORDINANCE N0.2005-2003 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA ADOPTING THE ANNUAL BUDGET FOR THE FISCAL YEAR COMMENCING JULY 1, 2003 AND ENDING JUNE 30, 2004. WHEREAS, it is a requirement of the Code of the City of Kenai, Alaska, that the City Council, not later than the tenth day of June, adopt a budget for the following fiscal year and make appropriation of the monies needed. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA as follows: ~P~tinn 1 ° That certain document entitled "City of Kenai Fiscal Year 2004 Annual Budget" which is available for examination by the public in the Office of the City Clerk and is incorporated herein by reference, is hereby adopted as the budget for the City of Kenai for the fiscal year commencing July 1, 2003 and ending June 30, 2004. ~PC lnn ~• The following sums of money are hereby appropriated for the operations of the City of Kenai for the fiscal year commencing on the first day of July, 2003, and ending the 30th day of June, 2004, to be expended consistent with and subject to the restrictions, procedures, and purposes set forth in the Code of the City of Kenai and to be expended substantially by line item in the manner shown in the budget adopted by Section 1 hereof: General Fund ~ 7,911,192 Airport Terminal Fund 469,094 Congregate Housing 392,087 Water and Sewer Fund 1,401,487 Airport Land System Fund 1,612,951 Senior Citizen Title III Grant Fund 261,331 Senior Citizen COA-Borough Fund 157,309 1984 / 86 / 93 Bond Issue Debt Service Fund 161,963 General Land Sales Trust Fund 25,000 Airport Land Sales Trust Fund 25,000 1 Ordinance No. 2005-2003 Page 'Iwo PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 4th day of June, 2003. ATTEST: Carol L. Freas, City Clerk e ~~. It, r~ Approved by Finance: (05/08/2003) hl Introduced: Adopted: Effective: May 21, 2003 June 4, 2003 July 1, 2003