The Kenai City Council approved a resolution that would authorize a budget transfer in the General Fund, Shop Department for costs in excess of budgeted amounts.
Repair parts for city equipment and vehicles have increased dramatically since the appropriation of the FY22 budget, according to City Manager Paul Ostrander:
“Essentially our Shops Department, the cost of parts both the inflation on those parts and as well as increased freight costs associated with them has caused us to get really close to going over our budget so we need this budget revision to allow the shop to continue to purchase parts for the remainder of the Fiscal Year.”
The Shop Department has insufficient funds for the remainder of FY22 and needed additional funds for the purchase of parts in the amount of $17,200. The department has seen a significant increase in the cost of parts caused by inflationary pressures and soaring freight costs. Authorization of this budget revision will ensure the uninterrupted maintenance of city equipment and vehicles for the remainder of the fiscal year, according to the city’s Public Works Director, Scott Curtin.
The Department has identified funds which will be unspent in other accounts and authorizing the revision will ensure the continued repair of city equipment through the end of the fiscal year.
