90-11 v RESOLUTION NO. 90-11
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. 90-04 be approved
for the 1989-90 budget.
Adopted by the City Commission June 25, 1990.
* *
Ai AL AALANAJ4
Wiliam I. Gulliford, ' , i .Wr, Pre• iding Officer
Approved as to form and correctness:
�z%Gt�C
an Jense ity Attorney
ATTEST:
Maureen King, City" Clerk
CITY OF ATLANTIC BEACH
BUDGET ADJUSTMENT
rUMBER: 90-04 EFFECTIVE DATE : 06-25-90
FUND: Sewer Fund
EXPENDITURES REVENUES
ACCOUNT NO. ACCOUNT TITLE DEBIT CREDIT DEBIT CREDIT
41-535-7100 Principal 65 ,000
41-535-7200 Interest 104 , 490
41-272-04* Unrestricted Retained Earnings 169 , 490
TOTALS 169 , 490 0 0 169 , 490
EXPLANATION: To provide budget for payment of principal and interest on the
State Bond Loan Program.
PREPARED BY: Harry E . Royal , Finance Director
INITIATED BY: Kim D . Leinbach, City Manager
COMMISSION ACTION REQUIRED: Yes DATE PREPARED : 06-22-90
* - Cash Reserves