FY2021-01B Amending The Ordinance No. FY2021-01, FY2021 Budget, To Add Additional Funds To The Renewal & Replacement (R&R) Capital Project Fund. - introduced by Assemlby member arndt and turner1
2
3
4
5
6
8
9
10
11
12
13
14
15
16
17
18
19
20
21
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
Introduced by: Assembly Members Arndt and Turner
Drafted by: Assembly Members Arndt and Turner
Introduced on: 06/18/2020
Failed on: 06/18/2020
KODIAK ISLAND BOROUGH
ORDINANCE NO. FY2021-01B
AN ORDINANCE OF THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH AMENDING THE
ORDINANCE NO. FY2021-01, FY2021 BUDGET, TO ADD ADDITIONAL FUNDS TO THE
RENEWAL & REPLACEMENT (R&R) CAPITAL PROJECT FUND.
WHEREAS, the assembly acknowledges during the recent COVID-19 pandemic many of our
citizens and businesses are experiencing financial hardships; and
WHEREAS, the State of Alaska's regular 70% reim
payments was reduced to zero for FY2021 leaving our
million of additional expenses; and
WHEREAS, the Assembly passed a budget
area -wide mill rate the borough has had since
WHEREAS, the allowable excess
be used for the care and mainter
requirements. Under multiple leg
fund; and
WHEREAS, the As
buildings for the goad
fund a total of $2&5
Service fund) imffh v
NOW, THE
BOROUGH
construction bond
an additional $5.2
kept the same 10.75
tWWFacilities Fund was established to
ings and payment of debt service
may grant principal payments from the
d3QLtheiP commitment to maintain Borough owned
th sembly wishes to replenish the R&R Capital Project
lli�unami sirens and $1,574,487 for transfers to the Debt
with Ordinance FY2021-01.
BY THE ASSEMBLY OF THE KODIAK ISLAND
Section 1: This 110inance is NOT of permanent nature and shall NOT become a part of the
Kodiak Island Borough Code of Ordinances.
Section 2: Fund 276 Facilities Fund will grant a transfer of $2,105,229 to Fund 469 Renewal
& Replacement.
Effective Date: This ordinance is effective as provided in Section 2.30.070 of the KIB Code of
Ordinances, on July 1, 2020.
ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH
THIS DAY OF 2020.
Kodiak Island Borough, Alaska
Ordinance No. FY2021-01B
Page 1 of 2
47
48
49
50
51
52
53
54
55
56
57
58
59
KODIAK ISLAND BOROUGH
William Roberts, Mayor
VOTES:
Ayes: Schroeder, Turner, and Arndt
Noes: Kavanaugh, Skinner, and Symmons
Mayor Roberts broke the tie and voted in
opposition of oassino.
Kodiak Island Borough, Alaska
ATTEST:
Alise L. Rice, Acting Borough Clerk
Ordinance No. FY2021-01 B
Page 2 of 2