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HomeMy WebLinkAboutOrdinance No. 2308-2008Suggested by: Administration CITY OF KENAI ORDINANCE NO. 2308-2008 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING ESTIMATED REVENUES AND APPROPRIATIONS BY $40,000 IN THE GENERAL FUND DOCK DEPARTMENT FOR FUEL. WHEREAS, fuel sales in July through September 2007 exceeded expectations and depleted the Dock Department budget for fuel; and, WHEREAS, the full inventory at the dock is less than the amount needed for the rest of the fiscal year; and, WHEREAS, it is in the best interest of the City of Kenai to fill the two 7,500 gallon tanks at the dock prior to the start of the new season; and, WHEREAS, the fuel needed will cost approximately $40,000; and, WHEREAS, funds are available in the fund balance of the General Fund. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA that estimated revenues and appropriations be increased as follows: General Fund Increase Estimated Revenues: Appropriation of Fund Balance $40,000 Increase Appropriations: Dock -Operating Supplies $40,000 PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 20th day of May, 2008. PAT PORTER, MAYOR ATTEST: Carol L. Freas, City Clerk J Approved by Finance: (04/30/2008) hl Introduced: May 7, 2008 Adopted: May 20, 2008 Effective: May 20, 2008