2/14/2014 9:02:56 AM
2/14/2014 9:02:56 AM
City of Seward Legislative Hist
Doc Type - Legislative History
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Sponsored by: Hunt <br /> CITY OF SEWARD, ALASKA <br /> RESOLUTION 2014-016 <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, <br /> ALASKA, RETROACTIVELY AMENDING THE 2013 BUDGET AND <br /> APPROPRIATING AN ADDITIONAL $84,087 IN SALES TAX REVENUE <br /> TO THE HOSPITAL ENTERPRISE FUND <br /> WHEREAS, the 2013 Operating Budget anticipated that one cent of every four cents in <br /> sales tax collected by the City of Seward would be transferred to the Hospital Enterprise Fund to <br /> pay healthcare related costs including debt service costs for the hospital and the long-term care <br /> facilities; the hospital Public Employees Retirement System (PERS) liability; major repair and <br /> replacement costs, and operating costs associated with healthcare; and <br /> WHEREAS, actual sales tax receipts from the Kenai Peninsula Borough during 2013 <br /> totaled $4,544,418, requiring an additional transfer of$84,087 to the Hospital Enterprise Fund, <br /> for a total annual transfer from the General Fund to the Hospital Enterprise Fund of$1,136,104. <br /> NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE <br /> CITY OF SEWARD, ALASKA, that: <br /> Section 1. The 2013 Operating Budget shall be amended as follows: 1) increase sales <br /> tax revenue account 101-0000-4120-0100 by $296,566 to a total of $4,544,632; and 2) <br /> appropriate an additional $84,087 from the General Fund Transfers-Out account no. 101-0000- <br /> 3071-0801 to the Hospital Enterprise Fund Transfers-In account no. 801-0000-3070-0101. <br /> Section 2. This resolution shall be retroactive to December 31, 2013. <br /> PASSED AND APPROVED by the City Council of the City of Seward, Alaska, this 10111 <br /> day of February, 2014. <br /> THE CITY OF SEWARD, ALASKA <br /> an Bardarson, Mayor <br />
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