Eleven ordinances are on tap for public hearings at Tuesday’s Kenai Peninsula Borough Assembly meeting, making a long night likely.
Among the major pieces of legislation is Ordinance 2006-13-03, which would adjust the borough’s fiscal year 2007 budget to reflect $702,515 in state funds appropriated by the Legislature to help cover the borough’s unfunded Public Employee Retirement System (PERS) liability.
The amount is estimated to be equal to the 5 percent increase in employer contributions to PERS required in FY 2007. The borough’s current PERS liability is roughly $35 million. The administration had the option of reducing its FY 2007 PERS payments, but chose instead to apply the money to the existing unfunded liability.
“By applying these funds to the unfunded liability, future years’ PERS rates will show a slight decrease,” Finance Director Craig Chapman said in a memo to the assembly.
Also up for consideration are:
· Ordinance 2006-19-07, which will appropriate $707,000 from Central Peninsula General Hospital’s plant replacement and expansion fund to purchase new patient monitoring and telemetry equipment.
· Ordinance 2006-19-09, which will appropriate a $1.8 million state grant to 11 borough road projects. The 11 projects are located in Nikiski, Kasilof, Sterling, Seward and Homer.
· Ordinance 2006-19-05, which will accept and appropriate a direct payment of just over $2 million from the U.S. Forest Service for the Spruce Bark Beetle Mitigation Program.
· Ordinance 2006-19-02, which will appropriate a $10,000 public interest grant from Michael Anderson to help pay for an environmental protection symposium on gravel pits and their operation to be scheduled for later this year.
Other ordinances up for public hearing and final action will appropriate grants to various fire service areas.
The assembly also will consider a few resolutions, among them Resolution 2006-075 proposing to change the name of Central Peninsula General Hospital to Central Peninsula Hospital to better reflect the services provided by the medical facility.
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