Item Coversheet

ASSEMBLY AGENDA/MANAGER'S REPORT
THE CITY AND BOROUGH OF JUNEAU, ALASKA

Ordinance 2020-09 An Ordinance Appropriating Funds from the Treasury for FY21 City and Borough Operations.

MANAGER'S REPORT:

This ordinance appropriates $385,686,000 in expenditure authority for the City and Borough of Juneau’s FY21 operating budget, excluding the School District. The Charter requires adoption of the FY21 operating budget by June 15.

 

It is necessary to appropriate all transfers between funds that support operations, debt service and capital projects, as well as the associated expenditures within the funds themselves. These transfers account for $103,686,200 of the FY21 operating budget. The total appropriated expenditure authorization, net of inter-fund transfers, is $281,999,800. This ordinance also recognizes $365,495,800 of projected revenue and transfers-in, and decreases fund balances, across all funds, by $20,190,200. The revenue and fund balance draw are sufficient to fund the budgeted expenditures.

 

The original ordinance was introduced at the April 1, 2020 Special Assembly meeting and referred to the Assembly Finance Committee (AFC) for deliberation. An opportunity for public comment was provided at a Special Assembly meeting on April 22, 2020. The AFC referred the amended budget ordinance to the full Assembly for adoption at the May 27, 2020 AFC meeting.

 

RECOMMENDATION:

The City Manager recommends the Assembly adopt this ordinance, as amended by the Assembly Finance Committee.

ATTACHMENTS:
DescriptionUpload DateType
Ordinance 2019-06(b)6/5/2020Non-Code Ordinance