HomeMy WebLinkAboutOrdinance No. 2191-2006r,~~~~
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Suggested by:
CITY OF KENAI
ORDINANCE NO. 2191-2006
Administration
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA INCREASING
ESTIMATED REVENUES AND APPROPRIATIONS BY $150,000 IN THE GENERAL
FUND FOR PAYMENT TO THE PUBLIC EMPLOYEE RETIREMENT SYSTEM.
WHEREAS, it is in the best interest of the City of Kenai, to contribute additional funds
to pay down the unfunded liability in the PERS; and,
WHEREAS, money is available in the fund balance.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI,
ALASKA, that estimated revenues and appropriations be increased as follows:
General F`und
Increase Estimated Revenues:
Appropriation of fund balance ~w150,000
Increase Appropriations:
PERS $1.50,000
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 21 st day of
November, 2006.
PAT PORTER, MAYOR
ATTEST:
Carol L. Freas, City Clerk
Introduced: September 20, 2006
Postponed: October4,2006
Adopted: November 21, 2006
Effective: November 21, 2006
Approved by Finance:-~~~",~',~