Assembly passes 2014 budget

Property taxes remain static

With little fanfare the Kenai Borough Assembly Tuesday passed the 2014 budget by unanimous consent, sending $73 million into the collective checkbook for the fiscal year beginning July 1.

 

Very little conversation was had on the so-called "status quo budget" beyond a last minute moving of money into the and then back out of the funds allotted to the Kenai Peninsula Development District.  

"The mayor promised status quo and brought it," said District 8 Assemblyman Bill Smith. 

The budget spends $17 million to fund borough government operations and sends $43 million to the Kenai Borough School District. The next largest expense for the borough in 2014 comes from garbage operations, which was allotted $6.9 million. 

Though considered status quo, the 2014 budget dipped into the general fund savings for $500,000 to cover expenses not paid for by the estimated revenue for next year.

District 2 Assemblyman Hal Smalley called the 2014 budget process the fastest one since he's been on the assembly and credited borough mayor Mike Navarre with fostering it through as promised. Assembly President Lind Murphy agreed.

Also set during the regular meeting of the assembly was the 2014 property tax levy rate, which remained unchanged at 4.50 mils per dollar of assessed value. 

Reach Greg Skinner at greg.skinner@peninsulaclarion.com.

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