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HomeMy WebLinkAboutRES2026-075 Community Assistance Program FundsSponsored by: Sorensen CITY OF SEWARD, AI,ASKA RESOLUTION 2026-075 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, AUTHORIZING THE CITY MANAGER TO ACCEPT AND APPROPRIATE COMMUNITY ASSISTANCE PROGRAM FUNDS IN THE AMOUNT OF $109,972.43 FOR THE PURPOSE OF CAPITAL PROJECTS RELATED TO FIRE, PUBLIC SAFETY, AND ROAD MAINTENANCE WHEREAS, the Community Assistance Program, formerly known as Community Revenue Sharing, provides funding to municipalities that provide services such as police, fire protection, water and sewer, and public road maintenance; and WHEREAS, the program is funded by state budget appropriations; and WHEREAS, because allocation of program funds was not anticipated, the City of Seward's operating budget does not contain budgeted revenue for the funds; and WHEREAS, the City received notification from the State and is expected to receive the amount of $109,972.43 for FY27; and WHEREAS, 100% of those funds will be transferred from the General Fund to the Capital Acquisition Fund to be used for capital projects related to fire, public safety, and road maintenance. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA: Section 1. The Community Assistance Program funds in the amount of $109,972.43 are hereby accepted and appropriated to 01000-0000-4200 in the General Fund Revenue Sharing Account and will be transferred from the General Fund 01000-0000-3710 to the Capital Acquisition Fund 80010-0000-3700 to be used for capital projects related to fire, public safety, and road maintenance. Section 2. This resolution shall take effect immediately upon adoption. APPROVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA THIS 14th DAY OF SEPTEMBER 2026. Sue McClure, Mayor CITY OF SEWARD, ALASKA RESOLUTION 2026-075 Page 2 of 2 AYES: NOES: ABSENT: ABSTAIN: ATTEST: Warner, Barnwell, Osenga, Draper, Calhoon, McClure None Crites None Kris Peck City Clerk .`sty OF :' Gf as °� ".�O dG •a SEAL •E em..*** OF �A\-P:•`*�• ... elitists City Council Agenda Statement Meeting Date: September 14, 2026 To: City Council Through: Kat Sorensen, City Manager From: Sully Jusino, Finance Director Subject: Resolution 2026-075: Authorizing the City Manager to Accept and Appropriate Community Assistance Program Funds in the Amount of $109,972.43 for the Purpose of Capital Projects Related to Fire, Public Safety, and Road Maintenance Background and justification: The Community Assistance Program (CAP), formerly known as Community Revenue Sharing, provides funding to municipalities that provide services such as police and fire protection, water and sewer, and public road maintenance. The State Revenue sharing funds have become 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. The program is funded by state budget appropriations. Because allocation of program funds was not anticipated, the City of Seward FY 25/26 operating budget did not contain budgeted revenue for the funds. For FY27 the City of Seward has received notification of the CAP for payment in the amount of $109,972.43. CAP funds in the amount of $109,972.43 will be appropriated to the General Fund and will be transferred to the Capital Acquisition Fund in accordance with the City's budget policy. Fiscal Impact: Funding Source: X X Fiscal Impact Yes — Amount: $109,972.43 Budgeted: No General Fund: Enterprise Fund: Grant: Other: X Yes No N/A 01000-0000-4200 Revenue Sharing Account Finance Director Signature: 5 Comprehensive and Strategic Plan Consistency Information This legislation is consistent with (citation listed): Comprehensive Plan: Strategic Plan: Other: Attorney Review X Yes Attorney Signature: Not applicable Comments: Administration Recommendation X Adopt Resolution Other: