HomeMy WebLinkAboutRES2023-113 Community Assistance Program FundsSponsored ':.Snreesen
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A. ILESOINTION: OF TIt CITY COUNCIL OF Til CITY OF SkiWARA
ALASKA, ACCEPTING AM) APPROP RI ATTNC COMMUNITY
ASSISTANCE PROGRAM .FUN DS IN TH1::AIVIO OJT OF 5107,070.M FOR.
THE LIJRPOSE OF CAFITAI. PROJECTS RELATED TO FIRE, KWIC
SAFETY AND ROAD MAINTENANCE
W I EREAS, the Com m witty Agpiistaitct Program. kTrincr I y k.noW'n am Community
Revenue Sbaringl Provides funding to municipalities that provide serewes :web as fire
protection, iArCitrirand a -ewer, puNtc raa4 CLORNITTE111:121. and.scplid waste Laguttgementi. and
WHEREAS, the pripgrarn is furKtedArstatebudgci aPproPFloliong; and
WI LERtAS:, pro.gram fundingdecreased 6orn $141 million to $30 wiiliun acid in 2t.122'
rceerved Si 322.1 /, it was wilt:town ir the prIV,111fri NV Mild be funded fer-202:1; and
WHEREASt ligeausc allocation of program fun& was nOt antic:haat:ed., the City of
Seward 2023 .0p-iTgi1ig tow the not oiliLurk budgeted rovOruse far 'the fonds; 8.1#1
WilF.RXASi the C:ity unizApp,cteOly rccui vett $1.67,070.1i5- 11-s.)in t1it Corn.rnupity
Assisting Programt snd 00% of thoke Rinds will lie transferred from th'e Genenti Fund to the
Capital Acquisition Fund to herusod ;for capital rtojtm- related to rim public safety Anti road
ixiaintumnice_
NOW, TIIMFORE, BE RRSOLYED BY C1TY COUNCIL OF: TIM
CITY OF SEWARD, ALASKA that:
Section i. fli Capital Impro-mnent Fli2:3_FY24..which is attached hereto and
nacre a part hereof by tefeirtilet. i8 badly 'adopted.
Seiction2 The Assiitaine13rEigr1in funds irtf'Mthnnnt o t07,070 RJ is befe.4 azeccptcli.
and:approptiate4.1 to v 1kAlci-oorm-4100 in the General Fund Ri..-venut g1iarin4 Aceount and .will be
trUneturcil from tile CTeneFul 000-003-3-114,to Fund 8 CIO 1 1„1001-1.--
700 to be ucd for capital prbjecN relatid to Iite public 'safety and �ad maiiiteflaitee.,
SectiOna. This. ribruilition %hal I take,vffI iranirdintedy upcimatiovtinni
PASSED AND APPROVED Lly..ttke City CoarrEil Qirtio cit3i Sewnni. Almdca,
.4:14 of October. 2023.
CITY OFSEWARp. ALA KA
RESOLUTION 2023,10
Me CI I Y OFSEWARD, ALASKA
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City Council Agenda Statement
Meeting Date: October 9, 2023
To: City Council
Through: Kat Sorensen, City Manager
From: Sully Jusino, Finance Director
Agenda Item: Resolution 2023-113: Accepting and Appropriating Community Assistance
Program Funds in the Amount of $107,070.85 for the Purpose of Capital
Projects Related to Fire, Public Safety, and Road Maintenance
Background and justification:
The Community Assistance Program, formerly known as Community Revenue Sharing, provides
funding to municipalities that provide services such as fire protection, water and sewer, public road
maintenance, and solid waste management.
The program is funded by state budget appropriations. Program funding decreased from $141
million to $30 million and in 2022 we received $136,622.12. it was unknown if the program would
be funded for 2023. Because allocation of program funds was not anticipated, the City of Seward
FY23_24 operating budget does not contain budgeted revenue for the funds.
The State Revenue sharing funds have become more uncertain over time and to avoid factoring
one — time uncertain revenues into the City's operating budget, the City has operated under a
policy of utilizing one-time revenues to fund capital needs. Community Assistance Program Funds
In the amount of $107,070.85 will be appropriated to the General Fund and will be transferred to
the Capital Acquisition Fund in accordance with the City's budget policy.
Comprehensive and Strategic Plan Consistency Information
This legislation is consistent with (citation listed):.
Comprehensive Plan:
Strategic Plan:
Other:
Certification of Funds
Total amount of funds listed in this legislation: $ 107,070,85
Th s legislation (✓):
Creates revenue in the amount of:
Creates expenditure in amount of:
Creates a savings in the amount of:
Has no fiscal impact
Funds are (✓):
Budgeted Line item(s):
Not budgeted
Not applicable
$ 107,070.85
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Unassigned Fund Balance and Available Unrestricted Cash Balance Information
Fund (✓):
General
Boat Harbor
Motor Pool
SMIC
Parking
Other
Available Unrestricted Cash Balance*:
Electric
Water
Wastewater
Healthcare
Finance Signature:
Attorney Review
Yes Attorney Signature:.
✓ Not applicable Comments:
*Unaudited numbers
9eAd";xe
Administration Recommendation
Adopt Resolution
Other:
39