ITEM TITLE:
#25-04 - Amending the 2025 City Budget by Appropriating $100,000 to the Finance Department for Assessing Services Contract to be Transferred from Repayment Reserve
SUBMITTED BY: Casey Dschaak, Acting Finance Director
FISCAL NOTES:
Expenditure Required: $100,000
Unencumbered Balance: $15.8MM
Funding Source: 350-0650-55000, Repayment Reserve
RECOMMENDATION:
Approve
SUMMARY STATEMENT:
This resolution reallocates funds for assessing services pursuant to Ordinance 24-16 related to local taxation of oil and gas exploration, production, and pipeline transportation property deemed not taxable under AS 43.56
.