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HomeMy WebLinkAboutOrdinance No. 2165-2006r Suggested by: Administration CITY OF KENAI ORDYNANCE NO. 2165-2Q~OFi AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA ADOPTING THE ANNUAL BUDGET FOR THE FISCAL YEAR COMMENCING JULY l, 2006 AND ENDING JUNE 30, 2007. 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 ORDAIIQED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA as follows: Section l: That certain document entitled "City of Kenai Fiscal Year 2007 Annual Budget" which is avaiiable 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, 2006 and ending June 30, 2007. 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, 2006, and ending the 30th day of June, 2007, 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 $ 10,400,989 Airport Terminal Fund 557,680 Congregate Housing 347,034 Permanent Funds 25,800 Water and Sewer Fund 1,799,948 Airport Land System Fund 1,787,448 Senior Citizen Title III Grant Fund 198,825 Senior Citizens Fund 333,241 i Ordinance No. 2165-2006 Page Two PASSED BY THE COUNCIL OF THE CITY OF KENAI, 13i,ASKA, this seventh day of June, 2006. PAT PORTER, MAYOR ATTEST: ~~~'~""~ ~• Yl/C~.~.~/ Carol L. Freas, City Clerk Approved by Finance: r~L , (OS/08/2006) hl Introduced Adapted: Effective: May 17, 2006 June 7, 2006 July 1, 2006