1989-06 Effecting Certain Budget Changes in Capital Projects.FUND (045)
I I
I 209 Undesignated
Projects
I 392 Other Capital Projects
, Resolution No. 89 -06 -R
Page 1 of 2
Current
Budget
$ 26,750
0
By:
Recommended by:
Introduced:
Amended:
Adopted:
KODIAK ISLAND BOROUGH
RESOLUTION NO. 89 -06 -R
A RESOLUTION OF THE KODIAK ISLAND BOROUGH EFFECTING
CERTAIN BUDGET CHANGES IN CAPITAL PROJECTS.
WHEREAS, the Assembly of the Kodiak Island Borough has
complete specific capital projects, and
appropriated certain fixed sums of money and budgeted those
monies to
WHEREAS, the amounts of monies budgeted are proper but nee
be reclassified between funds, and
d to
Ordinance
WHEREAS the reason given by the auditors to reverse part of
0 on audit adjustment 15 dated 6 /30/86 was that funds were
not available and where funds are now available, and
WHEREAS, the backup to audit adjustment 15 dated 6/30/86 goes on
to say that the
tee Statue should be recorded to Fund 045 when reimbursement
is received, and Alaska, and where this reimbursement has been
WHEREAS, the original transfer was for $695,600 but the a uditors
on audit adjustment 15 dated 6/30/86 reversed
earned on the $695,000 while it resided in Fund 45, $ and 00 because of $4,400
WHEREAS, the Borough had a grant for *2,000,000 from the State
' Alaska, Department of Administration, (DOA Grant it 1/86 32-3)
for
asbestos removal (dept 255 in fund 47), ), and this project had funds left
over,
WHEREAS, the Borough intended to move part of this surplus and
interest earnings in Fund 47 to Fund 45 to cover part of the cost of the
1School Maintenance Shop, and
I WHEREAS, the intent of this particular change was never clear to
our external auditors and although part of Ordinance 85 -33 -0, it
has
continued to be adjusted annually;
NOW, THEREFORE, 8E IT RESOLVED that staff is hereby
authorized and directed to effect the following project level changes:
Amendment
Mayor Selby
Finance Officer
2/76/89
2/16;89
2/16/89
Revised
eu�e1
$700,000 $726,750
700,000 700,000
FUND (047)
Revenue
Kodiak Island Housing Auth.
Expenditure
Transfer to Others
0
0
700,000 700,000
700,000 700,000
BE IT FURTHER RESOLVED, that staff is authorized and directed
to effect the necessary line item changes within the limits established above
by project to properly monitor, account and report for the expenditures of
these funds.
ATTEST:
PASSED AND APPROVED THIS 16th DAY OF FEBRUARY, 1989.
IBoro g� erk
Raenli,finn Nn A0-O6 -R
KODIAK ISLAND BOROUGH
)2/ , 4
BJrough Mayor
residing Or