CITY OF HOMER

HOMER, ALASKA

City Manager

ORDINANCE 07-42(A)

AN ORDINANCE OF THE CITY COUNCIL OF HOMER, ALASKA APPROPRIATING FUNDS FOR THE CALENDAR YEAR 2008 FOR THE GENERAL FUND, THE WATER-SEWER FUND, THE PORT/HARBOR FUND, DEBT FUNDS, CAPITAL RESERVE FUNDS (CONDITIONAL EXPENDITURES).

THE CITY OF HOMER ORDAINS:

Section 1. Pursuant to the authority of Alaska Statute, Title 29, the appropriations for Calendar Year ending December 2008 are appropriated as follows:

General Fund $12,077,811

Water-Sewer Fund $ 3,307,782

Port/Harbor Fund $ 3,561,296

Capital Projects $ 3,156,217

Internal Service Funds $ 1,676,400

Total Expenditures $23,779,506

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 the City Council is incorporated as part of this Budget Ordinance.

Section 5. The property tax mill levy is set at 4.5 mills for 2008.

Section 6. This Ordinance is limited to approval of the Budget and appropriations for Calendar Year 2008, is a non code Ordinance and shall become effective January 1, 2008.

PASSED AND ENACTED by the Homer City Council on this _____ day of December, 2007.

CITY OF HOMER

_____________________________

JAMES C. HORNADAY, MAYOR

ATTEST:

______________________________

JO JOHNSON, CMC, CITY CLERK

Introduction:

Public Hearing:

Second Reading:

Effective Date:

Ayes:

Noes:

Abstain:

Absent:

Reviewed and approved as to form and content:

___________________________ ___________________________

Walt E. Wrede, City Manager Gordon Tans, City Attorney

Date: ______________________ Date: ______________________

Fiscal Note: See Line Item Budget and detail