AN ORDINANCE OF THE CITY COUNCIL OF HOMER, APPROPRIATING FUNDS FOR THE CALENDAR YEAR 2001 FOR THE GENERAL FUND THE WATER FUND, THE SEWER FUND, THE PORT/HARBOR FUND, DEBT FUNDS, CAPITAL RESERVE FUNDS (CONDITIONAL EXPENDITURES).

NOW, THEREFORE, THE CITY OF HOMER ORDAINS:

Section 1. Pursuant to the authority of Alaska Statutes, Title 29, the appropriations for the calendar year ending December 2001 are appropriated as follows:

General Fund $5,651,842 $5,753,262

Water Fund $1,074,600

Sewer Fund $ 921,578

Port/Harbor Fund $2,270,509 $2,302,488

Capital Projects $1,157,935

Internal Service Fund $ 410,000

Total Expenditures $11,486,722 $11,620,121

Section 2. Such amounts are appropriated to the objects and purposes stated in the adopted budget.

Section 3. A copy of the budget shall be certified by the City Clerk and filed in the Office of the City Clerk.

Section 4. The supporting line item budget detail as presented by the administration and reviewed by council is incorporated as part of this budget ordinance.

Section 5. The property tax mill levy is set at 5.5 mills for 2001.

Section 6 This ordinance is limited to approval of the budget and appropriations for Calendar Year 2001, is a non code ordinance and shall become effective January 1, 2001.

PASSED AND ENACTED by the Homer City Council this 18th day of December, 2000.

CITY OF HOMER

JACK CUSHING, MAYOR

Page Two

Budget 2001

City of Homer

Ordinance 00-32(A)

Attest:

MARY L. CALHOUN, CMC, CITY CLERK

First Reading: 11/27/00

Public Hearing: 12/11/00

Second Reading: 12/18/00

Effective Date: 01/01/01

Ayes: 6

Noes: 0

Abstain: 0

Absent: 0

Reviewed and approved as to form and content:

Ron Drathman City Manager Date

Gordon Tans, City Attorney Date