HomeMy WebLinkAboutRes1991-060
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sponsored by: Schaefermever
CITY OF SEWARD, ALASKA
RESOLUTION NO. 91-060
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF SEWARD, ALASKA, ADOPTING THE GRAIN TERMINAL FUND
ENTERPRISE BUDGET FOR THE FISCAL YEAR BEGINNING JULY 1, 1991
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF SEWARD, ALASKA, that:
Section 1. The city Grain Terminal Fund Enterprise budget for
the fiscal year beginning July 1, 1991, which is attached hereto
and made a part hereof by reference, and which contains estimated
Grain Terminal Fund revenues and expenditures for Fiscal Year 1992,
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 Buyer Index for Twenty Year General Obligation Bonds.
Section 3. This resolution shall take effect on July 1, 1991.
PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF SEWARD,
ALASKA, this 28th day of May, 1991.
THE CITY OF SEWARD, ALASKA
(JtV~~'iJ-t: d~
DAVID L. HILTON, SR., MAYOR
AYES:
Burgess, Dunham, Krasnansky, Meehan, Sieminski, Simutis,
Hilton
None
None
None
NOES:
ABSENT:
ABSTAIN:
ATTEST:
APPROVED AS TO FORM:
PERKINS COIE, Attorneys for the
city of Seward, Alaska
7~ Ir/ a~
Fred B. rvidson
City Attorney
(City Seal)
ENTERPRISE FUND
. GRAIN TERMINAL (FUND 124)
1991 1991 1992 Change
1990 Y-T-D Revised Manager from
GL Sub Account Name Actual (9 months) Bude:et Recom. 1991
REVENUES
4610 0120 Interest 508 2285 2,285 -100.00%
4680 0900 Other Fundine: 22 415 15615 22 436 23,385 4.23%
Total Revenut 22,923 17900 24 721 23 385 - 5.40%
EXPENSES
5170 Lee:al 4717 720 576 2000 247.22%
5360 Rents & Leases 28906 24808 33,078 33,078 0,00%
5790 Misc. Expense 833
Total Expensel $34,456 $25 528 $33 654 $35,078 4.23%
Net Revenue (11,533 (7.628 (8 933 (11 693 30.90%
C=C=I Opera tine: Transfer I 10,9161 15,000 I 15,000 1 11,6931 -22,05% I
FUND BALANCE
. PRIOR YEAR 0 (617 (617 5450 -983.31%
FUND BALANCE
END OF YEAR (617 6,755 5,450 5,450 0.00%
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