92-32 v RESOLUTION NO. 92-32
A RESOLUTION TRANSFERRING CERTAIN MONIES BETWEEN FUNDS
WHEREAS, the City Charter of the City of Atlantic Beach requires
that the City Commission approve all budgetary increases and transfers
from one fund to another, and
WHEREAS, the nature of budgetary systems and those day to day
decisions affecting such budgetary systems require adjustment from time
to time,
NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of
Atlantic Beach, that the attached Budget Adjustment No. BA-4 be approved
for the 1992-93 budget.
Adopted by the City Commission October 12, 1992.
V.
illiam . u iford, r. , Mayo - 'ding Officer
Approved as to form and correctness:
n Jensen ity Attorney
ATTES'1:
Maureen King, City erk a
CITY OF ATLANTIC BEACH
BUDGET ADJUSTMENT
NUMBER: BA-4 EFFECTIVE DATE: 10-12-92
FUND: Cony. Dev. Tax & Cap Projects
RETAINED EARNINGS
APPROPRIATIONS ESTIMATED REVENUES
ACCOUNT NO. ACCOUNT TITLE DEBIT CREDIT DEBIT CREDIT
120-0000-581-9103 (1) Trans. to Capital Projects 8,400
120-0000-271-0000 Conv. Dev. Tax Fund Balance 8,400
300-0000-572-4400 (2) Rentals & Leases - Cap Proj. 8,400
300-0000-381-7000 Trans. from Conv. Dev. Tax 8,400
TOTALS 0 16,800 16,800 0
EXPLANATION: (1) Reduces the Unrestricted fund balance in the Convention
Development Tax fund in order to transfer $8,400 to the
Capital Projects fund.
(2) Increases estimated revenues by increasing the Transfer
from Convention Development Tax and appropriates the funds
to the rentals & leases object code.
APPROVED BY: Kim Leinbach, City Manager
PREPARED BY: Kirk Wendland, Finance Director
INITIATED BY: Kim D. Leinbach, City Manager
COMMISSION ACTION REQUIRED: Yes DATE PREPARED: 10-12-92