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1986-38 Effecting Transfers Between Funds.KODIAK ISLAND BOROUGH RESOLUTION NO. 86 -38 -R A RESOLUTION OF THE KODIAK ISLAND BOROUGH ASSEMBLY TO EFFECT TRANSFERS BETWEEN FUNDS. WHEREAS, the Assembly of the Kodiak Island Borough has appropriated certain fixed sums of money to complete specific capital projects; and WHEREAS, certain projects are nearing completion with some amounts of unexpended funds and certain other projects are in their initial stages without funding or with insufficient funding; and WHEREAS, the Kodiak Island Borough funds involved have the required amounts available without further borrowing or increase in taxes. NOW, THEREFORE, BE IT RESOLVED that staff is hereby authorized and directed to effect the following project and fund level changes: TRANSFERS FROM.... (047) Ped. 6 Bicycle Path Area Wide Roads Kittiwake Drive Emergency Med. Svc. TRANSFERS TO....(010) General Fund TRANSFERS TO....(044) Sgt. Creek Road TOTAL Current Budget $ 227,500 (227,500) $ -0- 1,232,180 (187,500) 1,044,680 30,000 (25,000) 5,000 32,000 (32,000) -0- 4,812,500 32,000 4,844,500 500,000 BE IT FURTHER ORDAINED 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. All resolutions or parts of resolutions found to be in conflict with this resolution are hereby explicitly rescinded. PASSED AND APPROVED this 5 day of June, 1986 by the Kodiak Island Borough Assembly. CM \C, c lerk 3 KODIAK ISLAND BOROUGH By Amendment 440,000 940,000 siding Officer Revised Budget