public infrastructure sinking fund Archives

Tag: public infrastructure sinking fund

City to buy emergency transformer for Medvejie Hatchery

by Emily Kwong, KCAW | Oct 27, 2016 | Local News

The Sitka Assembly permitted the city to sell an unusable transformer at the Medvejie Hatchery. The transformer, which was intended to replace 35-year-old units, has a fatal design flaw and can't be used. At the same time, they authorized staff to purchase a new transformer for immediate installation. Read More

October 25, 2016: What’s happening at tonight’s Assembly meeting?

by Emily Kwong, KCAW | Oct 25, 2016 | Local News

When the Sitka Assembly meets tonight (10-25-16), they’ll focus mostly on funding decisions: what to save, what to spend, and how. That includes a transfer to the Public Infrastructure Sinking Fund, which pays for city roads and sidewalks, and expenses related to the August 2015 landslide. Read More

Assembly uses cuts, savings to close budget gap

by Emily Kwong, KCAW | May 31, 2016 | Local News

Times are tight in Sitka, but the Assembly has managed to balance the budget. How? Through combination of cuts, rate hikes, and money in reserve that may not be around next year. Read More