Ordinance 12-16 Appropriating Funds from General Fund Balance to Water and Sewer Operating Accounts

Summary

An Ordinance of the City Council of Homer, Alaska, Amending the FY 2012 Operating Budget by Appropriating and Transferring $86,000 from the General Fund Balance to the Utility Fund, Water Operating Account, and Appropriating and Transferring $86,000 from the General Fund Balance to the Utility Fund, Sewer Operating Account, to Compensate for the Reduction of Water and Sewer Customer Charges by Resolution 12-025. Mayor.

Ordinance/Resolution ID: 
12-16
Ordinance/Resolution Status: 
Failed
Introduction Date: 
03/27/2012
File Attachments: 
Public Hearing Date: 
04/09/2012
Second Reading Date: 
04/09/2012

Related Meetings

Details

CITY OF HOMER
HOMER, ALASKA

Mayor

ORDINANCE 12-16

AN ORDINANCE OF THE CITY COUNCIL OF HOMER, ALASKA, AMENDING THE FY 2012 OPERATING BUDGET BY APPROPRIATING AND TRANSFERRING $86,000 FROM THE GENERAL FUND BALANCE TO THE UTILITY FUND, WATER OPERATING ACCOUNT, AND APPROPRIATING AND TRANSFERRING $86,000 FROM THE GENERAL FUND BALANCE TO THE UTILITY FUND, SEWER OPERATING ACCOUNT, TO COMPENSATE FOR THE REDUCTION OF WATER AND SEWER CUSTOMER CHARGES BY RESOLUTION 12-025.

 

THE CITY OF HOMER ORDAINS:

Section 1. The Homer City Council hereby amends the FY 2012 Operating Budget by appropriating and transferring $86,000 from the General Fund Balance to the Utility Fund, Water Operating Account as follows:

Appropriation / Transfer From:

Account Description Amount

100-100 General Fund Balance $86,000

Transfer to:

Account Description Amount

200-400 Utility Fund, Water $86,000
Operating Account

Section 2. The Homer City Council hereby amends the FY 2012 Operating Budget by appropriating and transferring $86,000 from the General Fund Balance to the Utility Fund, Sewer Operating Account as follows:

Appropriation / Transfer From:

Account Description Amount

100-100 General Fund Balance $86,000

Transfer to:

Account Description Amount

200-500 Utility Fund, Sewer $86,000
Operating Account

Section 3. This ordinance is a budget amendment ordinance only, is not permanent in nature, and shall not be codified.

ENACTED BY THE CITY COUNCIL OF HOMER, ALASKA, this ________ day of ______________ 2012.

CITY OF HOMER


_____________________________
JAMES C. HORNADAY, MAYOR

ATTEST:


______________________________
JO JOHNSON, CMC, CITY CLERK

YES:
NO:
ABSTAIN:
ABSENT:

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

Reviewed and approved as to form:


________________________ ____________________________
Walt E. Wrede, City Manager Thomas F. Klinkner, City Attorney

Date: ___________________ Date: _______________________