Ordinance 18-42(A) 2018 Mid-Year Budget Adjustments

CITY OF HOMER
HOMER, ALASKA

City Manager/Finance Director

ORDINANCE 18-42

AN ORDINANCE OF THE CITY COUNCIL OF HOMER, ALASKA, AMENDING THE FY 2018 OPERATING AND CAPITAL BUDGETS TO PROVIDE FOR NECESSARY MID-YEAR ADJUSTMENTS BY APPROPRIATING AND TRANSFERRING FUNDS FROM THE GENERAL AND WATER SEWER FUNDS.

WHEREAS, Mid-year budget amendments are an appropriate time to adjust the budget for unanticipated expenditures or capital projects that cannot wait until the regular budget cycle for funding; and

WHEREAS, Proposed changes to the FY 2018 General Fund capital budget are minimal and consist of replacing a hydraulic vehicle lift in motor pool and the recording system for council chambers; and

WHEREAS, Proposed changes to the FY 2018 General Fund operating budget consist of funding agenda and meeting management software for the Office of the City Clerk; and

WHEREAS, Proposed changes to the FY 2018 Water and Sewer capital budget consist of additional funding to replace electrical components at the sewer lift station; and

WHEREAS, Proposed changes to the FY 2018 Water and Sewer operating budget consist of funding the contract for septic pumping in Kachemak City, and covering emergency repairs to water lines that were necessary after the January 2018 earthquake.

 NOW, THEREFORE, THE CITY OF HOMER ORDAINS:

Section 1. The City Council hereby appropriates $22,900 from the Public Works Depreciation Reserve to fund the replacement of the motor pool hydraulic vehicle lift:

Expenditure:

Account                                                              Description                                                      Amount

256-0379                                                            Replace Hydraulic Vehicle Lift              $22,900              

Section 2. The City Council hereby appropriates $4,194 from the City Hall Depreciation Reserve to fund the upgrade of the recording system in the council chambers:

Expenditure:

Account                                                              Description                                                      Amount

156-0384                                                            Upgrade Recording System                    $4,194

Section 3. The City Council hereby appropriates $3,800 from the transfer to City Hall Depreciation Reserve to the City Clerk budget for the purchase of agenda management software:

Expenditure:

Account                                                              Description                                                      Amount

100-0101-5210                                               Professional & Special Services           $3,800

Section 4. The City Council hereby appropriates $12,000 from the Sewer Fund Reserve to fund the replacement of electrical components at the sewer lift station:

Expenditure:

Account                                                              Description                                                      Amount

256-0379                                                            Lift Station Electrical Components    $12,000

Section 5. The City Council hereby appropriates $32,000 from the transfer to Sewer Fund Reserve to the Sewer Collection System budget for the Kachemak City septic pumping contract:

Expenditure:

Account                                                              Description                                                      Amount

200-0504-5210                                               Professional & Special Services           $32,000

Section 6. The City Council hereby appropriates $17,500 from the Water Fund Reserve to the Water Distribution System budget for unexpected water line repairs:

Expenditure:

Account                                                              Description                                                      Amount

200-0404-5210                                               Professional & Special Services           $17,500

Section 7. This 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 _______, 2018.

CITY OF HOMER

_________________________
BRYAN ZAK, MAYOR

ATTEST:

______________________________

MELISSA JACOBSEN, MMC, CITY CLERK

YES:

NO:

ABSTAIN:

ABSENT:

First Reading:

Public Reading:

Second Reading:

Effective Date:

Reviewed and approved as to form:

                                                                                                                                                                                                               
Katie Koester, City Manager                                                    Holly C. Wells, City Attorney

Date: _________________________                                                Date: _________________________