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HomeMy WebLinkAboutOrdinance No. 2484-2010the (Lly KENAI. ALASKA CITY OF KENAI ORDINANCE NO. 2484 -2010 Suggested by: Administration AN ORDINANCE OF THE COUNCIL OF THE CITY OF' KENAI, ALASKA ADOPTING THE ANNUAL BUDGET FOR THE FISCAL YEAR COMMENCING JULY 1, 2010 AND ENDING JUNE 30, 2011. 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 2011 Annual Budget" which is available for examination by the public in the Office of the City Clerk, the City's website and is incorporated herein by reference is hereby adopted as the budget for the City of Kenai for the fiscal year commencing July 1, 2010 and ending June 30, 2011. 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, 2010, and ending the 30th day of June, 2011, 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 New Text Underlined [DELETED TEXT BRACKETED] 13,012,578 Enterprise Funds: Congregate Housing 585,070 Capital Projects Management Fund 162,342 Special Revenue Funds: Airport Land Sales Peuuanent Fund 968,157 General Land Sales Permanent Fund 3,000 Water and Sewer Fund 1,959,437 Airport Fund 2,607,579 Senior Citizen Title III 576,628 Senior Citizens Fund 175,742 Debt Service Fund 175,963 Ordinance No. 2484 -2010 Page 2 of 2 PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this second day of June, 2010. A'l'I'EST: Carol L. Freas, City Clerk Approved by Finance: y PAT PORTER, MAYOR New Text Underlined (DELETED TEXT BRACKETED] Introduced: May 19, 2010 Adopted: June 2, 2010 Effective: July 1, 2010