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No scary monster in Kenai budget

...produces through interest and investment returns. "At year end, it had a little over $24 million in it," said city finance director Terry Eubank, of the Airport Land Sales Permanent Fund. "And with the stock market and things doing as well...
Q & A: Candidates for Kenai council

...but all joking aside the City of Kenai is fiscally sound. I recently met with both the city manager and the city finance director; when our meeting concluded I possessed a great sense of pride for Kenai knowing how well it has been and is being...
Kenai council talks about tax credit, property sale

...less. The credit can be applied to the city's real property taxes for that property. According to a memo from city Finance Director Terry Eubank, had the credit been in place since 2007, it would have had an impact of about $50,405 on the...
Kenai council: Collected fees not that much

...administrative costs and plans for future improvements, the city still seems to be coming out ahead from the fishery. City finance director Larry Semmens said most of he users of the fishery come from outside Kenai city limits, meaning Kenai residents...
Kenai council to consider golf fee hike

...expected to approve a contract with CIC, Inc. to build the new soccer park on the north side of town. According to city Finance Director Larry Semmens, the appropriation includes a federal grant of $75,000 and $115,000 in in-kind services...
Council talks seafood, trails

...adopted a resolution to change the shared fisheries business tax program for fiscal year 2013. The new method, City Finance Director Terry Eubank said, is a simpler way manage the fisheries business taxes. Also, the council appointed Ann Sherry...
Kenai awards bid for new city shop

...leased airport property, and it is too small.Each year the city pays $35,036 on its current shop lease, City Finance Director Terry Eubank said. But the city will pay no lease fee on its new shop, situated on the city's general fund...
City goes after late bills: Shut-off notices garner fee discourage that behavior and compensate for the lost time," Larry Semmens, Soldotna city manager, said. City finance director Melanie Lewis said the city had to hang approximately 60 shut-off notices last month, costing Soldotna dollars...
Soldotna council approves its own raise

...bring the city in line with a similar exemption recently adopted by the Kenai Peninsula Borough. In a memo from city Finance Director Joan Miller, Miller states only one veteran currently would benefit from the increased exemption. The extra...
Library supporters want more room

...have to be repaid from the city's general fund. The general fund is financed from sales tax and property tax. City Finance Director Larry Semmens said he is uncertain if bond repayment has any effect on taxes. "It's not to say absolutely that...


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