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CITY OF SEWARD, ALASKA
RESOLUTION 2005-111
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SEWARD, ALASKA, ADOPTING THE CITY GENERAL FUND
OPERATING BUDGET FOR CALENDAR YEAR 2006 AND SETTING
THE MILL RATE
WHEREAS, on October 10, 2005, the City Manager submitted to the City Council a
proposed budget for the City of Seward for Calendar Year 2006; and
WHEREAS, the budget was introduced to the public at the regularly scheduled Council
meeting on October 10, 2005, and work sessions conducted on October 11, 12, 13, 14, and 17,
2005 were televised; and
WHEREAS, a public hearing is to be held on the proposed budget on November 24, with
final adoption scheduled for November 28,2005.
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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 2006 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, 2006, 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 oflevy on the 2006 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, 2006.
PASSED AND APPROVED by the City Council of the City of Seward, Alaska, this
28th day of November, 2005.
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CITY OF SEWARD, ALASKA
RESOLUTION 2005-111
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THE CITY OF SEWARD, ALASKA
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Vanta Shafer, Mayor I
AYES:
NOES:
ABSENT:
ABSTAIN:
Dunham, Valdatta, Lorenz, Schafer, Thomas, Shafer
None
Branson
None
ATTEST:
,
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