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88-09 v • RESOLUTION NO. 88-9 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. 88-03 be approved for the 1987-1988 budget. Adopted by the City Commission May 9, 1988. * * * * * * * * * * * * * William S. Howell, Maydr, Presiding Officer Approved as to Form and Correctness: JAI Cl. ..e L. Mu i•! C 'ty • ey ATTEST: Adelaide R. Tucker, City Clerk CITY OF ATLANTIC BEACH BUDGET ADJUSTMENT NUMBER: 88-03 EFFECTIVE DATE : 04-30-88 FUND : General Fund-01 EXPENDITURE REVENUE ACCOUNT NO. ACCOUNT TITLE DEBIT CREDIT DEBIT CREDIT 01-581-9905 Transfer the Pension Fund 1 , 070 01-510-4900 Other Current Charges 1,070 TOTALS 1 , 070 1 ,070 0 0 EXPLANATION:To transfer sufficient funds from the General Fund to the Pension Fund to fund the difference between fifteen and twenty credited service years for former Police Chief Carl Stucki. PREPARED BY : Harry E. Royal, Finance Director INITIATED BY: Richard C. Fellows , City Manager DATE :05-09-88 COMMISSION ACTION REQUIRED : Yes DATE RECEIVED : 05-09-88