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HomeMy WebLinkAboutOrdinance No. 2557-2011the et*, of KENA ALASKA Suggested by: Administration CITY OF KENAI ORDINANCE NO. 2557 -2011 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA ADOPTING THE ANNUAL BUDGET FOR THE FISCAL YEAR COMMENCING JULY 1, 2011 AND ENDING JUNE 30, 2012. 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 2012 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, 2011 and ending June 30, 2012. 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, 2011, and ending the 30th day of June, 2012, 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 $ 13,991,844 Enterprise Funds: Congregate Housing Capital Projects Management Fund 439,700 98,223 Special Revenue Funds: Airport Land Sales Permanent Fund 1,037,483 General Land Sales Permanent Fund 125,000 Water and Sewer Fund 2,191,600 Airport Fund 2,693,874 Senior Citizen Fund 783,419 Debt Service Fund 177,348 New Text Underlined; [DELETED TEXT BRACKETED] Ordinance No. 2557 -2011 Page 2 of 2 PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this first day of June, 2011. ATTEST: Carol L. Freas, City Clerk Approved by Finance: PAT PORTER, MAYOR Introduced: May 18, 2011 Adopted: June 1, 2011 Effective: July 1, 2011 New Text Underlined. [DELETED TEXT BRACKETED] ire t ty of KENAI, ALASKA "Village with a Past, Gay with a Future" FINANCE DEPARTMENT 210 Fidalgo Avenue, Kenai, Alaska 99611 -7794 Telephone: 907 - 283 -7535 ext 221 / FAX: 907 - 283 -3014 To: Rick Koch, City Manager .i From: Terry Eubank, Finance Director Date: May 12, 2011 Re: Ordinance 2557 -2011 Ordinance 2557 -2011 will establish the FY12 Operating Budget for the City. The draft budget was issued on April 6 and differs slightly from what will be appropriated with the passage of Ordinance 2557 -2011. Those differences are as follows: 1. Employee Health Care. The April 6 draft included employee health care at a 50% renewal premium increase. The final renewal premium increase was 39.9% and included changed in employee deductibles, maximum out -of- pocket limits, and plan coverages. The final draft budget includes a health care plan in which the employee will pay 8.5% of premiums and self- insured deductible and the City will contribute the remaining 91.5 %. Individual employees will continue to pay no premium for their coverage. Employee premium will only be paid for dependent coverage. The result of this change was an increase in expenditures in the General, Water & Sewer, Airport, Senior Citizens, Congregate Housing, and Capital Project Management Funds of $63,802, $5,031, $4,292, $3,463, $261, and $373 respectively. 2. City website maintenance was inadvertently included in two different General Fund departments. Removal from Non - Department resulted in an $800 decrease. 3. Mailing of the City's Newsletter will no longer take place facilitating a $300 decrease in the Legislative budget for communications. 4. Council directed the Administration to include $6,000 in funding for the Kenai Chamber of Commerce in the Legislative Department's Grants to Other Agencies account. $2,500 will assist with the City's Fourth of July Celebration and the remaining $3,500 will assist with the annual Christmas Comes to Kenai fireworks show. 5. Council directed the Administration to include $500, in the Legislative Department's Grants to Other Agencies account, to assist in the annual Industry Appreciation Day celebration in Kenai. 6. Council directed the Administration to include $2,500 in funding for Central Area Rural Transit System (CARTS) in the Legislative Department's Grants to Other Agencies account. 7. Council directed the Administration to include $10,000 in funding for the Kenai Peninsula Boy's and Girl's Club in the Legislative Department's Grants to Other Agencies account. 8. Council directed the Administration to include $10,000 in for pedestrian trail construction in the Parks Department Improvements account. The total increase change in total expenditures by fund are as follows: General Fund Ordinance 2557 -2011 April 6 °1 After Above Budget Draft Changes $ 13,900,142 $13,991,844 Special Revenue Funds Water & Sewer 2,186,569 2,191,600 Airport 2,689,582 2,693,874 Senior Citizen 779,956 783,419 Enterprise Funds Congregate Housing Capital Project Management Permanent Funds General Land Sale Permanent Fund Airport Land Sale Permanent Fund Debt Service Fund 439,439 439,700 97,850 98,223 125,000 125,000 1,037,483 1,037,483 177,348 177,348