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88-12 v RESOLUTION NO. 88-12 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. 88-05 be approved for the 1987-1988 budget. Adopted by the City Commission July 25, 1988. * * * * * * * * * * * * * / / William S. Howell, Mayor, Presiding Officer Approved as to Form and Correctness: Claude L. Mullis, City ttorney ATTEST: Adelaide R. Tucker, City Clerk CITY OF ATLANTIC BEACH BUDGET ADJUSTMENT NUMBER: 88-05 EFFECTIVE DATE : 07-25-88 FUND: General Fund EXPENDITURE REVENUE ACCOUNT NO. ACCOUNT TITLE DEBIT CREDIT DEBIT CREDIT 01-512-6400 Equipment 3,500 01-517-6400 Equipment 5 , 625 01-271-00 Prior Year Fund Balance 9, 125 TOTALS 9 , 125 0 0 9, 125 EXPLANATION:To transfer sufficient funds from the General Fund beginning balances to purchase new word processing systems for the City Clerk and the City Manager ' s secretary to replace existing worn-out and obsolete systems . Also included in the adjustment is an amount to cover cost of laser printer. PREPARED BY : Harry E . Royal, Finance Director INITIATED BY : Richard C. Fellows, City Manager DATE : 07-25-88 COMMISSION ACTION REQUIRED : Yes DATE RECEIVED : 07-25-88