Finance Department
Memorandum
TO: Gary Superman, Assembly President
Members, Kenai Peninsula Borough Assembly
THRU: Dale Bagley, Mayor
Scott Holt, Finance Director
FROM: Craig Chapman, Controller
DATE: May 5, 2005
SUBJECT: Ordinance 2004-19-54, correcting Ordinance 2004-19-30, which accepted and appropriated a grant from the state Department of Health and Social Services in the amount of $927,151 for the South Peninsula Hospital expansion project
Ordinance 2004-19-30 accepted and appropriated a grant from the State of Alaska in the amount of $927,151 for construction and renovation at South Peninsula Hospital. The ordinance and the attached memorandum indicated the grant would be supplemental to the $17,000,000 that was previously appropriated through Ordinance 2003-19-17 for the hospital expansion project.
This was incorrect. The ordinance should have indicated that the grant funds would supplant (reduce) local funding. The intent of the grant was to reduce the hospital contribution on this project from $6,500,000 to $5,572,849.
The attached ordinance reduces the funding previously appropriated for the hospital by the amount of the state grant, $927,151.