CITY OF HOMER

City Manager

HOMER, ALASKA

ORDINANCE 01-51(S)(A)

AN ORDINANCE OF THE CITY COUNCIL OF HOMER, APPROPRIATING FUNDS FOR THE CALENDAR YEAR 2002 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 2002 are appropriated as follows:

General Fund $6,129,963 6,201,985

Water Fund $1,137,195 1,138,695

Sewer Fund $ 980,861

Port/Harbor Fund $2,454,846

Capital Projects $2,123,961 6,641,287

Internal Service Fund $ 589,500

Total Expenditures $13,416,326 18,007,174

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 2002.

Section 6 This ordinance is limited to approval of the budget and appropriations for Calendar Year 2002,is a non code ordinance and shall become effective January 1, 2002.

PASSED AND ENACTED by the Homer City Council this _____ day of ___________, 2001.

CITY OF HOMER

JACK CUSHING, MAYOR

Page Two

Budget 2002

City of Homer

Ordinance 01-53(S)

ATTEST:

_______

MARY L. CALHOUN, CMC, CITY CLERK

First Reading:

Public Hearing:

Second Reading:

Effective Date: 01/01/02

Ayes:

Noes:

Abstain:

Absent:

Reviewed and approved as to form and content:

Ron Drathman City Manager Date

Gordon Tans, City Attorney Date