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88-10 v RESOLUTION NO. 88-10 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. 88-04 be approved for the 1987-1988 budget. Adopted by the City Commission June 27, 1988. * * * * * * * * * * * * * William S. owell, Mayor, Presiding Officer Approved as to Form and Correctness: 'Mil-Cie L. Mullis, City orney ATTEST: dela:._de R. Tucker, City Clerk t r � ' CITY OF ATLANTIC BEACH BUDGET ADJUSTMENT DUMBER: 88-04 EFFECTIVE DATE : 06-27-88 General Fund,Miscellaneous FUND : Grants & Capital Projects EXPENDITURE REVENUE ACCOUNT NO. ACCOUNT TITLE DEBIT CREDIT DEBIT CREDIT 01-581-9902 Transfer to Capital Projects 18,500 01-581-9904 Transfer to Misc . Grants 18,500 12-582-1002 Transfer from General Fund 18,500 12-537-6300 Improve. Other Than Bldg. 18, 500 30-541-6308 Tennis Court 18,500 30-581-9300 Transfer from General Fund 18, 500 TOTALS 37 , 000 37 , 000 18,500 18,500 EXPLANATION:To transfer sufficient funds from the General Fund to the Capital Projects Fund to fund the construction of the tennis court at Russell Park. PREPARED BY : Harry E . Royal, Finance Director INITIATED BY : Richard C . Fellows, City Manager DATE :06-27-88 ^^'MISSION ACTION REQUIRED : Yes DATE RECEIVED : 06-27-88