HomeMy WebLinkAboutRes2017-053 CITY OF SEWARD,ALASKA Sponsored by: Hunt
RESOLUTION 2017-053
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD,
ALASKA, AMENDING THE FIRE DEPARTMENT 2017 BUDGET FOR
ADDITIONAL HYDRANT WATER CHARGES, AND AUTHORIZING
$278,050 IN PAYMENT OF UNDER-BILLED FEES FROM THE GENERAL
FUND TO THE WATER FUND SINCE 2005, AND APPROPRIATING
FUNDS
WHEREAS,it has recently been discovered that the rates established in the Water Tariff for
fire hydrant rentals have not been properly applied in the billing system since 2005,resulting in a
significant under-billing of water charges owed from the General Fund to the Water Fund; and
WHEREAS, in order for the fire department to have adequate budget allotted to pay the
hydrant rental established by the Tariff in 2017,an amendment to the 2017 Budget is required in the
amount of$50,466,reflecting an increase in the per-hydrant monthly charge from$25.31 to$46.66;
and
WHEREAS, the amount under-billed and under-paid from the General Fund to the Water
Fund since 2005 is$278,049,and based on the capital needs of the Water Fund,efforts by the City to
stabilize the financial condition of its enterprise funds, and the fact that the General Fund fund
balance is at the mid-point of the City's fund balance policy,the administration recommends that the
Water Fund be made whole through an appropriation.
NOW,THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF SEWARD, ALASKA, that:
Section 1. The City Council hereby authorizes a transfer in the amount of$278,049 from the
General Fund reserves account no.01000-0000-3710-17000 to the Water Enterprise Fund transfer-in
account no. 17000-0000-3700-01000 to cover the amount under-billed from 2005 for water hydrant
fees.
Section 2. The 2017 Budget is hereby amended to increase the Fire Department utilities
account no. 01000-1220-7015 and the Water Fund hydrant rental fee revenue in the amount of
$50,466.
Section 3. This resolution shall take effect immediately upon its adoption.
CITY OF SEWARD, ALASKA
RESOLUTION 2017-053
PASSED AND APPROVED by the City Council of the City of Seward, Alaska, this 25th
day of September, 2017.
THE CITY OF SEWARD ALASKA
0/4) 2.1-1erk✓
J an Bardarson, Mayor
AYES: Keil, Squires, McClure, Altermatt
NOES: None
ABSENT: Casagranda, Slater
ABSTAIN: None
ATTEST:
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J hanna Kinn MC
ity Clerk
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