1987-30 Effect Certain Budget Changes as Enumerated Below.A RESOLUTION OF THE KODIAK ISLAND BOROUGH ASSEMBLY TO EFFEC: CERTAIN
BUDGET CHANGES AS ENUMERATED BELOW.
WHEREAS, the Assembly of the Kodiak Island Borough has a
certain fixed sums of money by Ordinance 86 -21 -0 for fiscal year 987; and
WHEREAS, insurance costs have far exceeded the budge -d amounts; and
WHEREAS, certain other budget changes are needed a enumerated
G \
III NOW, THEREFORE, BE IT RESOLVED that staff is h eby authorized and
Cr
; directed to effect the following project level changes:
Current .. Revised
below.
TRANSFER (010)
Use of Fund Balance
i t
TRANSFER (047)
i
, TRANSFER (057)
School Insurance
1 such fund (projected to be
ATTEST:
By
n..r..nnh
KODIAK ISLAND BOROUGH
RESOLUTION NO. 87 -30 -R
Budget Am -_ dme Budget
5436,530
$(`0.,000) 5 541,530
CZ
1 Asbestos Abatement 52,750,000 65,000 2,815,000
Undesignated 65,00 (65,000) 0
270,00 105,000 $ 375,000
BE IT FURTHER RESOLVED, that the 5300,000 term bond for the Hospital
1967 and related interest is paid •n May 1, 1987 that any residual dollars in
) will be contributed to the Debt Service
School Bond Fund. At that(E the Hospital Bond Fund will be closed out.
BE IT FURTHER RESOLVED that staff is authorized and directed to effect
the necessary line i4gm c -nges within the limits established above by project
to properly monitor, aac..unt and report for the expenditures of these funds.
All resolution parts of resolutions found to be in conflict with this
resolution arse• • explicitly rescinded.
PASSED AND ... ROVED this _ day of May, 1987 by the Kodiak Island
ebr6ugil Assmnbly1•
KODIAK ISLAND BOROUGH
By
Borough Mayor
By
Presiding Officer