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HomeMy WebLinkAboutOrdinance No. 2407-2009~. .r, t(xe uFy o~'/ KENA~ SKA Suggested by: Administration CITY OF KENAI ORDINANCE NO. 2407-2009 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, INCREASING ESTIMATED REVENUES AND APPROPRIATIONS IN THE AIRPORT FUND FOR COSTS IN EXCESS OF BUDGETED AMOUNTS. WHEREAS, utility costs for fiscal year 2009 have exceeded the amount budgeted due to increases in utility rates for both electricity and natural gas $50,500; and, WHEREAS, larger than expected Airport operational and snow removal costs have exhausted the amount originally budgeted $76,165, and, WHEREAS, supplemental funds are needed for the remainder of the fiscal year. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, that estimated revenues and appropriations be increased as follows: Airport Fund Increase Estimated Revenues: Appropriation of Fund Balance $126,665 Increase Appropriations Terminal -Salaries $ 4,200 Terminal -Overtime 6,000 Terminal -Utilities 25,000 Airfield -Salaries 30,000 Airfield -Overtime 17,000 Airfield - PERS 18,965 Airfield -Utilities 22,000 Other Buildings ~ Areas -Utilities 3,500 $126.665 PASSED BY THE COUNCIL OF THE CITY OF NA , LASKA, this 20th day of May, 2009. ~~~~" 1 PAT PORTER, MAYOR / ATTEST: /~ C ~<%%~ Carol L. Freas, City Clerk Approved by Finance: Introduced: May 6, 2009 Adopted: May 20, 2009 Effective: May 20, 2009 New Tent Underlined; [DELETED TEXT BRACKE'PED] ~ ~~;;., :-. ' ~'~ € -- ~~ tie ce' y o~ ~~ KENA~ SI(A To: Rick Kcch, City Manager "V lla9e with a Past, Gc~ with a Fc~tr~~°e" FINANCE DEPARTMENT 210 Fidalgo Avenue, Kenai, Alaska 99611-7794 Telephone: 907-283-7535 ext 221 /FAX: 907-283-3014 /'C From: Terry Eubarilc, Finazrce Director Date: May l3; 2009 Re: Ordinvrce 2407-2009 With the end of the fiscal year approaching the Finance Department has been working with vazious City departments to review their budgets. As a result a number of needed adjushnents have been identified for Airport Fund departments. [Jtiiities Fiscal year 2009 has seen significant fluctuation in utility costs. Electrical rates have seen two increasing rate adjust as well as decreasing rate adjustment. Natural gas rates saw a single rate increase. The result is a number of department budgets were insufficient to absorb the rate increases that occurred. The following deparrinents v~e in need of budget increases in their utility accounts totaling $50,500: Terminal $25,000 Airfield X22,000 Other Buildings & Areas $3,500 Personnel Services Larger than expected Airport operational and snow removal costs have exhausted the amount originally budgeted $76,165: Terminal -Salaries $4,200 Terminal -Overtime X6,000 Airfield -Salaries $30,000 Airfield -Overtime $1'7,000 Airfield - PERS $18,965