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CITY OF SEWARD, ALASKA
RESOLUTION 2002-124
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD,
ALASKA, ADOPTING THE CITY GENERAL FUND OPERATING
BUDGET AND SETTING THE MILL RATE FOR CALENDAR YEAR
2003
WHEREAS, on October 7, 2002, the City Manager submitted to the City Council a
proposed budget for the City of Seward for Calendar Year 2003; and
WHEREAS, the City Council met in work sessions to review the proposed budget on
October 15,16,17, and 23,2002; and
WHEREAS, public hearings were held on the proposed budget on November 8, 18, and
December 9,2002.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF SEWARD, ALASKA, that:
Section 1. The City General Fund Operating Budget for Calendar Year 2003 which is
attached hereto and made a part hereof by reference and which contains estimated revenues and
expenditures for the period January 1 - December 31,2003, is HEREBY ADOPTED, and the
necessary funds are hereby appropriated.
Section 2. The total assessed valuation as determined by the Kenai Peninsula Borough
Assessor, and any supplemental assessment rolls for said period which may be certified by the
Borough Assessor at a future date, shall be the basis for computing estimated property tax
revenues for the City of Seward, Alaska.
Section 3. The rate of levy on the 2003 real and personal property tax rolls shall be and is
hereby levied at the rate of 3 .12 mills per dollar of assessed valuation in Municipal Service Zones
One (Borough designation TCA 40) and Two (Borough designation TCA 41).
Section 4. This resolution shall take effect January 1, 2003.
PASSED AND APPROVED by the City Council of the City of Seward, Alaska, this 9th
day of December, 2002.
CITY OF SEWARD, ALASKA
RESOLUTION 2002-124
THE CITY OF SEWARD, ALASKA
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Edgar Blatchford, Mayor
AYES:
NOES:
ABSENT:
ABSTAIN:
Valdatta, Shafer, Dunham, Branson, Clark,Blatchford
Orr
None
None
ATTEST:
(City Seal)
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