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86-11 v RESOLUTION NO. 86-11 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. 86-6 be approved for the 1985-1986 Budget. Adopted by the City Commission, June 23, 1986 * * * * * * * * * * * * .4ite-t(L William S. Howell, Mayor, Presiding Officer Approved as to Form and Correctness: ‘774 ,c- aude L. Mullis, City ALLurney ATTEST: Adelai e R. Tucker, City Clerk BUDGET ADJUSTMENT B/A NUMBER: 86-6 Date: 6-23-86 FUND: Sewer Fund USE SEPARATE FORMS FOR EACH FUND AMOUNTS MUST BE IN WHOLE DOLLARS RETAINED 'EARNINGS ACCOUNT ACCOUNT TITLE EXPENDITURE jj ADD DEDUCT DEDUCT ADD 41-272-04 Unrestricted Retained Earnings 13,622 41-384-1001 Municipal Loan 13,622 EXPLANATION: To partially amend budget adjustment 86-5. The purpose of this adjustment is to provide for the purchase of the tractor for the Sewer Department out of surplus funds, rather than the municipal loan, as the tractor is needed immediately. After the loan is closed we will reimburse these funds to Retained Earnings. INITIATED BY Harry E. Royal DATE: June 23, 1986 C0MMISSION ACTION REQUIRED: Yes DATE RECEIVED: