HomeMy WebLinkAboutRes1992-089
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Sponsored by: Schaefermeyer
CITY OF SEWARD, ALASKA
RESOLUTION NO. 92-089
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF SEWARD, ALASKA, ADOPTING THE GRAIN TERMINAL ENTERPRISE
FUND BUDGET FOR THE FISCAL YEAR BEGINNING JULY I, 1992
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF SEWARD, ALASKA, that:
Section 1. The city Grain Terminal Enterprise Fund budget for the fiscal year
beginning July 1, 1992, which is attached hereto and made a part hereof by reference,
and which contains estimated Grain Terminal Fund revenues and expenditures for Fiscal
Year 1993, is HEREBY ADOPTED.
Section 2. The Grain Terminal Enterprise Fund shall be charged interest on debt
owed to the General Fund at a rate equal to and adjusted monthly in accordance with
the rate set forth in the Bond Index for twenty Year General Obligation Bond,s.
Section 3. This resolution shall take effect July 1, 1992.
PASSED AND APPROVED by the City Council of the city of Seward, Alaska, this
8th day of June, 1992.
TH~CITY OF SEWARD, ALASKA
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rfonald w. Cripps, Mayor
AYES:
NOES:
ABSENT:
ABSTAIN:
Bencardino, Crane, Cripps, Dunham, Swartz & White
None
Krasnansky
None
A TIEST:
APPROVED AS TO FORM:
Perkins Coie, Attorneys for the city of
Seward, Alaska
'2-J Ill' .;~
Fred B. Arvidson
City Attorney
(City Seal)
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ENTERPRISE FUND
GRAIN TERMINAL (FUND 124)
GL Sub Account Name
REVENUES
4610 0120 Interest
Total Revenue
1990
Actual
1993
Manager
Recom.
Change
from
1992
1991
Actual
$508
508
EXPENSES
1240 5170 Lel!al 4717 648 2000 5000 150.00%
1240 5190 Other Srecial Svcs 300
1240 5360 Rents & Leases 6.491 11 026 22.052 33,a78 33,a78 0.00%
1240 5370 Insurance 237 300
1240 5490 Postal!e & Misc. Freight 20 50
1240 5780 Interest Emense 3.000
1240 5790 Misc. Exnense 833 1000 3.405 1.000
Total ExDenses 12.041 12.674 26.014 35.078 42.428 20.95%
Net Revenue (11.533 . (8.960 . (23.729 (35 078 (42428 20.95%
11,693 I
I -100.00% I
15,000 I
c::::r==J Operatin~ Transfer
10,9161
FUND BALANCE
PRIOR YEAR
FUND BALANCE
END OF YEAR