Ordinance 11-39(A) Budget Amendment for Port and Harbor Net Assets Budget to Reconcile a Clerical Oversight

CITY OF HOMER
HOMER, ALASKA

City Manager/
Port and Harbor Director

ORDINANCE 11-39(A)

AN ORDINANCE OF THE CITY COUNCIL OF HOMER, ALASKA, AMENDING THE FY 2011 OPERATING BUDGET BY APPROPRIATING $12,600 FROM THE PORT AND HARBOR NET ASSETS BUDGET FOR THE PURPOSE OF RECONCILING A CLERICAL OVERSIGHT.

WHEREAS, The finalized Port & Harbor 2010 budget was published with the Port Operations Supplies line item as $1,400; and

WHEREAS, The line item should have read $14,000 creating a budget line item overrun; and

WHEREAS, The Port & Harbor 2012 budget was submitted to include this $12,600 expenditure; and

WHEREAS, This amendment will avoid or preclude a budget shortfall in the Port Enterprise budget as the operations budget was approved by Council December of 2010.

NOW, THEREFORE, THE CITY OF HOMER ORDAINS:

Section 1: The FY 2011 Port and Harbor Operating Budget is hereby amended by appropriating an additional $12,600 from the Net Assets to Harbor Operations 400-601 account for the purposes of reconciling a clerical error.

Expenditure:
Acct. No. Description Amount
400-601 Port/Harbor Operations $12,600

Section 2: This is a budget amendment ordinance, is not of a permanent nature, and shall not be codified.

PASSED AND ENACTED by the Homer City Council this __ day of _____, 2011.

CITY OF HOMER

_____________________________
JAMES C. HORNADAY, MAYOR

ATTEST:

______________________________
JO JOHNSON, CMC, CITY CLERK

AYES:
NOES:
ABSTAIN:
ABSENT:

First Reading:
Public Hearing:
Second Reading:
Effective Date:

Reviewed as to form and content:

______________________ ___________________________
Walt Wrede, City Manager Thomas Klinkner, City Attorney

Date: _________________ Date: ______________________