HomeMy WebLinkAboutOrdinance No. 2236-2007SUBSTITUTE
Suggested by: Administration
CITY OF KENAI
ORDINANCE NO. 2236-2007
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA ADOPTING THE
ANNUAL BUDGET FOR THE FISCAL YEAR COMMENCING JULY 1, 2007 AND
ENDING JUNE 30, 2008.
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:
Section 1:
That certain document entitled "City of Kenai Fiscal Year 2008 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, 2007 and ending June 30, 2008.
Section 2:
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, 2007, and ending the
30th day of June, 2008, to be expended consistent with and subject to the
restrictions, procedures, and purposes set forth in the Code of the City of Kenai and tc
be expended substantially by line item in the manner shown in the budget adopted by
Section 1 hereof:
General Fund $ 11,356,241
Congregate Housing 441,591
Permanent Funds 20,000
Water and Sewer Fund 1,762,084
Airport Fund 2,504,982
Prism Fund 500,000
Senior Citizen Title III 221,143
Senior Citizens Fund 387,294
Ordinance 2236-2007 (SUBSTITUTE)
Page Two
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this sixth day of June,
2007.
~~
PAT PORTER, MAYOR
ATTEST:
-rf,.~
Carol L. Freas, City Clerk
Introduced: May 16, 2007
Adopted: June 6, 2007
Effective: July 1, 2007
Approved by Finance:
(05/31/2007) hl