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Introduced by: Borough Manager <br />1 Drafted by: Finance Director <br />Introduced: 05/20/2010 <br />2 <br />Public Hearing: 06/03/2010 <br />3 Amended: 06/03/2010 <br />4 Adopted: 06/03/2010 <br />5 KODIAK ISLAND BOROUGH <br />6 ORDINANCE NO. FY2011 -01 <br />7 <br />8 AN ORDINANCE OF THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH <br />9 LEVYING TAXES ON ALL TAXABLE REAL AND PERSONAL PROPERTY WITHIN THE <br />10 KODIAK ISLAND BOROUGH FOR THE EXPENSES AND LIABILITIES OF THE <br />11 KODIAK ISLAND BOROUGH FOR THE FISCAL YEAR COMMENCING ON THE <br />12 FIRST DAY OF JULY 2010 AND ENDING ON THE THIRTIETH DAY OF JUNE 2011 <br />13 (FISCAL YEAR 2011 BUDGET) <br />14 <br />15 NOW, THEREFORE, BE IT ORDAINED BY THE ASSEMBLY OF THE KODIAK ISLAND <br />16 BOROUGH THAT: <br />17 <br />18 Section 1: This ordinance is not of general application and shall not be codified; <br />19 <br />20 Section 2: The following sums of money, or as much thereof as may be authorized by <br />21 law, as may be needed or deemed necessary to defray all expenses and <br />22 liabilities of the Kodiak Island Borough, be and the same, is hereby <br />23 appropriated for municipal purposes and objects of the Kodiak Island <br />24 Borough and other taxing entities hereinafter specified for the fiscal year <br />25 commencing on the first day of July 2010 and ending on the thirtieth day of <br />26 June 2011; <br />27 <br />28 Section 3: Adoption of this ordinance recognizes that funds are appropriated at <br />29 department and /or project level. Compositions of these figures are as <br />30 delineated in the full detail budget document. The full document is available <br />31 to all elected and appointed officials for their use. Copies may be reviewed <br />32 by interested citizens at the Borough Building during normal working hours <br />33 and also at the A. Holmes Johnson, Chiniak, and village public libraries <br />34 during their normal operating hours <br />35 <br />36 Section 4: Tax Levy. A tax for the amount specified in the form of a mill levy is hereby <br />37 levied for the value as of January 1, 2010, to be used for the purposes as <br />38 specified in the Budget for the Fiscal Year 2011 of the Kodiak Island Borough <br />39 commencing on the first day of July 2010 and ending on the thirtieth day of <br />40 June 2011 to defray expenses and liabilities of said entity as enumerated in <br />41 the applicable budgets. <br />42 <br />43 The millage rates by taxing entity are as follows: <br />44 <br />45 A. City of Kodiak <br />46 B. Kodiak Island Borough <br />47 C. Womens Bay Road Service Area <br />48 D. Womens Bay Fire Dept. <br />49 E. Bay View Road Service Area <br />50 F. Fire Protection Area No. 1 <br />51 G. Monashka Bay Road Service Area <br />2.00 mills* <br />10.50 mills <br />2.50 mills <br />1.25 mills <br />1.00 mills <br />1.50 mills <br />2.50 mills <br />Kodiak Island Borough Ordinance No. FY2011 -01 <br />Page 1 of 2 <br />