|The City of Akutan uses the fiscal year that starts July 1.
FY11 budget was received from the City Finance Manager. The budget does meet RUBA requirements as it lists revenues and expenses with line item descriptions.
The city does not charge for water/sewer services as Akutan has a raw fish tax which allows them to subsidize these services with general funds. They also have a healthy savings account for repair and replacement. The administrator stated that the utility is analyzing the utility expenses and considering charging customers. The monthly financial report for January was received on March 1, 2011 and has the water/sewer expenditures at 47 percent. The 47 percent is $51,025.60 of the budgeted $96,290 for FY 11. The Monthly Financial Report for February was received on March 2, 2011, and has the water/sewer Expenditures at 43 percent. The 43 percent is $54,462.49 of the FY 11 $96,290 water/sewer budget. Akutan provides water/sewer and Library/Museum services without charge. They do provide and charge for the following services: electricity, fuel distribution, cable TV, garbage haul, and harbor/dock.|