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99-24 v • RESOLUTION NO. 99 - 24 A RESOLUTION AMENDING THE OPERATING BUDGET FOR THE CITY OF ATLANTIC BEACH, FLORIDA, FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1998 AND ENDING SEPTEMBER 30, 1999, WHEREAS,the City Charter of the City of Atlantic Beach requires that the City Commission approve all budgetary increases and transfers at the fund level,and WHEREAS,the nature of budgetary systems and those day to day decisions affecting such budgetary systems require adjustments from time to time. NOW,THEREFORE,BE IT RESOLVED by the City Commission of the City of Atlantic Beach,that the following Budget Modification be approved for the 1998-1999 Operating Budget. GENERAL FUND • 'ses: ' • I epartment • '•" m ation-Pension 00120015212203 $1,046 Patrol-Pens ' 00120025212203 $4,555 Detective-Pension 001200 13 $554 Description: To increase the City's co. ' '. • ion to the employees retireme . • • to meet the total contribution re' • ent as calculated by the pension actuary for this i . -ar. This ad'u is necessary due to the City receiving less than anticipated funds for . . surance Premium Tax from the state. Fire Department Fire Control Operating- Supplies/fuel 00130025225200,01 -$16,591 Non-Departmental Operating- Maintenance 00110095194600 $16,591 Description: To move unspent funds from the Fire Department to the General Government Non-Departmental Budget for the replacement of two air conditioner heat pumps at City Hall as awarded by the City Commission on August 9th, 1999 pursuant to the bid specifications of Bid No.9899-30. POLICE PENSION FUND Revenues: Employer contri• • 60100003681001 $6,155 Casualty Insurance Premi 185 6010011_ - 00 -$4,452 Description: To increase the City's co • ":. ion to the employees retir- - s 'lan to meet the total contribution re' • ent as calculated by the pension actuary for al year and reduce the amou• z geted for Casualty Insurance Premium Tax to the amount actua - ved by the • FIRST NIGHT FUND Revenues: Special Event Receipts 63000003474100 $10,000 Description: Increase in estimate of Special Events Receipts based on funds already collected. UTILITY BOND CONSTRUCTION FUND Revenues: Interest Earnings-earnings on bond proceeds 48000003611002 $150,000 Expenses: Capital Outlay-Core City Project Improvements 48000005336300 -$5,398,209 Description: To adjust the revenues for interest earned that is exceeding the original estimates due to a larger than expected cash balance remaining in the fund. The expense budget is being adjusted to allow for re-budgeting of these unspent funds in the Fiscal Year 2000 Proposed Budget. SEWER UTILITY FUND Expenses: Atlantic Beach Division Capital Outlay- Sewer Line Improvements 41041015356300 -$414,114 Buccaneer Division IIICapital Outlay- Sewer Line Improvements 41044015356300 -$30,000 Description: Design work for the budgeted Atlantic Beach and Buccaneer Sewer Improvements will not be completed in time to encumber the funds for these projects during the current fiscal year. These funds have been re-budgeted in the proposed FY-2000 budget. These projects include improvements to the Park Street Lift Station,Fairways Villas Lift Station, Shangri La Lift Station abandonment and related line work,the Master Lift Station and Lift Station"C"force main. Adopted by the City Commission this 23`d day of August, 1999. Suzanne Shaughnessy Mayor/Presiding Officer Approved as to form and correctness: ATTEST: 1/Aidiiiii4A, ,ran C. Jens',Esquire fkaZ t.W-4 ity Attorn Maureen King, CMC IIICity Clerk