|On June 25, 2010 the FY11 City of Adak general fund, garbage and water and sewer budgets were received.
General Fund: Total Revenue and Total Expenses are projected to be $1,200,104.00, making for a balanced General Fund Budget.
Garbage: Total Revenue projected to be $24,000.00 and Total Expenses projected to be $22,928.00. With an excess of $1,072.00.
Water and Sewer: Total Revenue projected to be $60,000.00 and Total Expenses projected as $113,828.00. With a Water and Sewer Deficit of $53,828; the plan to reduce this deficit is to meter all working lift stations, discontinue power to unused lift stations, increase water/sewer fees to customers, Village Safewater plan, Employee fringe and vehicle fuel to be charged to general funds. (VSW Plan: Adak Water and Sewer Improvements. VSW Sponsered, and contracted to Bristol Environmental and Engineering Services Corporation)
Budget non-code ordinance procedures: introduced on June 7, 2010; second reading on June 16, 2010; final reading and adoption on June 23, 2010.
The City operates on the fiscal year that begins on July 1, 2010.|