HomeMy WebLinkAboutOrdinance No. 2408-2009~., \
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KENpAA~ SKA
Suggested by: Administration
CITY OF KENA%
ORDINANCE NO. 2408-2009
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, INCREASING
ESTIMATED REVENUES AND APPROPRIATIONS IN THE WATER 8v SEWER 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 $91,500; and,
WHEREAS, larger than expected annual leave cash outs have depleted wage accounts
in various departments requiring additional funds to complete the fiscal year $8,000;
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:
Water 8v Sewer Fund
Increase Estimated Revenues:
Appropriation of Fund Balance
Increase Appropriations:
Water -Leave
Water -Utilities
Sewer -Leave
Sewer -Utilities
Waste Water Treatment
Plant- Utilities
$99,500
$ 4,000
30,000
4,000
1, 500
60,000
$99.500
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 20th day of May,
2009.
PAT PORTER, MAYOR
ATTEST:
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Carol L. Freas, City Clerk
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Approved by Finance: _._,raw:d-'
Introduced: May 6, 2009
Adopted: May 20, 2009
Effective: May 20, 2009
New Text Underlined; ~DELBTEU 'rEX'P fiRACKETEDJ
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KENAA~ SKA
To: Rick Iroch, ~"its Manager
"Villa~e wit~r a Past, Gc~ wit~i a F~tr~re"
FINANCE DEPARTMENT
210 Fidalgo Avenue, Kenai, Alaska 99611-7794
Telephone: 907-283-7535 ext 221 /FAX: 907-283-3014
(', From: Te~zy Eubank, Finance Director
Data: May 13, 2009
Re: Ordinance 2408-2009
With the end of the fiscal year apEroaching the Finance Deparhnent has been working with
various City departments to review than- budgets. As a result a number of needed adjustments
have been identified for Water & Sewer Pund deparhnents.
Utilities
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 insufilcient to absorb the rate
increases that occurred. The following deparhnents are in need of budget increases in their
utility accounts totaling $91,500:
Water $30,000 Sewer $1,500
Waste Water Treatment $60,000
Personnel Services
Larger than expected annual leave cash outs Have depleted wage accounts in various deparhnents
regiuring adclitional funds to complete the fiscal year $8,000:
Water-Leave $4,000 Sewer-Leave X4,000