DENALI BOROUGH, ALASKA

ORDINANCE NO. 90‑02

 

 

AN ORDINANCE FOR THE DENALI BOROUGH PROVIDING FOR THE ESTABLISHMENT

AND ADOPTION OF THE BUDGET FOR THE FISCAL YEAR 1991

 

 

BE IT ENACTED BY THE ASSEMBLY OF THE DENALI BOROUGH:

 

Sections:

 

Section l.  Classification

     This is a non‑code ordinance.

 

Section 2.  General Provisions

     The budget lists the authorized revenues and expenditures and the change in cash balances for the period December 7, l990 through June 30, l991 and made a matter of public record.

 

                           REVENUES

 

         Municipal Assistance            112,603.00

         Organizational Grant              300,000.00

         Severance Tax                          31,250.00

         TOTAL                                     $443,853.00

 

                           EXPENSES

 

      Assembly Members Stipend        3,150.00

      Clerk Salary                                   16,667.00

      Clerk Benefits                                  5,000.00

      Travel                                                 1,000.00

      Per Diem                                                 ‑0‑   

      Rent, Utilities & Postage               4,725.00

      Dues & Subscriptions                      583.00

      Elections                                                 ‑0‑   

      Equipment                                     30,000.00

      Supplies                                           1,400.00

      Renovations                                    5,000.00

      Contingency                                    7,000.00

      Assembly Total                          $74,525.00

 

      Mayor Salary                                 17,500.00

      Admin. Staff Salary                      10,000.00

      Benefits                                           8,250.00

      Travel                                               2,500.00

      Per Diem                                         2,500.00

      Bonding & Insurance                    2,400.00

      Attorney Fees, travel, &

      Per Diem                               12,000.00

      Consultant Fees, travel, &

      Per Diem                                   12,000.00

      Contingency                                  13,500.00

      Mayor Total                                  $90,650.00

 

 

      Expenses Total                         $165,175.00

 

      Operating Excess/Shortfall             $278,678.00

 

Section 3.  Authorization and Appropriation

        The appropriations are adopted and authorized for the period December 7, l990 through June 30, l991 and are the budget for that period.  Subject to assembly approval by resolution, the Mayor may (1) establish line item expenditures within an authorized appropriation, and/or (2) transfer from one authorized expenditure to another any amount which would not annually exceed 10 percent or $10,000, whichever is less.

 

Section 4.  Effective Date

        This ordinance becomes effective upon its adoption by the borough assembly.

 

 

                       DATE INTRODUCED:  December 30, 1990

 

                       FIRST READING:  December 30, 1990

 

                       PUBLIC HEARING:  January 20, 1991

 

PASSED and APPROVED by the DENALI BOROUGH ASSEMBLY this 3rd day of February, l990.

 

 

                     SIGNATURE ON FILE

                                     Mayor

 

 

ATTEST:        SIGNATURE ON FILE     

                              Borough Clerk