98-33 v RESOLUTION NO. 98-33
A RESOLUTION AMENDING THE OPERATING BUDGET FOR THE CITY OF
ATLANTIC BEACH,FLORIDA,FOR THE FISCAL YEAR BEGINNING
OCTOBER 1, 1997 AND ENDING SEPTEMBER 30,1998
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 1997-1998 Operating Budget.
UTILITY BOND CONSTRUCTION FUND
Expenses:
Capital Outlay
Improvements Other than Buildings 48000005816300 -8,734,778
Description:
The reduction of$8,734,778 to the Public Work's budget represents a year end true-up of the projected
unspent balance of Utility Bond Construction funds. These funds have been re-budgeted in the Fiscal
Year 1998-1999 budget for next year.
This reduction has been reflected in the Proposed Budget presentation in order to show the available
funds for next year.
Adopted by the City Commission this 28th day of September, 1998.
,
Suzanne Shaughnessy
Mayor/Presiding Offi •
Approved as to form and correctness: ATTEST:
/ AINAP,A
an C.J,"sen, Esquire Ma •een King, C C
43
City Aft rney City Clerk