1988-22 Effecting Transfers Between Capital Projects and Land Sale FundsBy: Mayor Selby
Drafted and recommended by:
Finance Officer
Introduced: 07/07/88
Public Hearing: 08/04/88
Adopted: 08/04/88
KODIAK ISLAND BOROUGH
ORDIANNCE NO. 88-22-0
AN ORDINANCE OF THE KODIAK ISLAND BOROUGH ASSEMBLY
EFFECTING TRANSFERS BETWEEN CAPITAL PROJECT AND LAND SALE FUNDS
(MIDDLE BAY DRIVE PAVING PROJECT)
WHEREAS, the Assembly of the Kodiak Island Borough has appropriated
certain fixed sums of money for specific purposes; and
WHEREAS, certain projects have a need for additional monies and others
have funds in excess to their needs;
it
NOW, THEREFORE, BE IT ORDAINED, that the following specific
amounts of monies are transferred as follows:
To
Land Sale Fund (40)
'..Middle Bay Drive
Paving Project (044-340]
li
From
Land Sale Fund (040)
Chiniak Road
Project (044)
Current Revised
Budget Amendment Budget
413,500 300,000 713,500
0 450,000 450,000
713,500 (450,000) 263,500
700,000 (300,000) 400,000
n
-', BE IT FURTHER ORDAINED, that staff is authorized and directed to
jleffect the necessary line item changes within the limits established above to
'properly monitor, account and report for the expenditures of these funds.
All ordinance or parts of ordinances found to be in conflict with this
(ordinance are hereby explicitly rescinded.
PASSED AND APPROVED THIS 4TH DAY OF AUGUST, 1988.
KODIAK ISLAND BOROUGH
7
ugh mayor
r s mg Officer
ATTEST: /
borow"mierk _
Ordinance No. 88-22-0
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