Ordinance No. 20-25-177ORDINANCE NO. 20-25-177
AN ORDINANCE AMENDING THE OPERATING BUDGET FOR THE CITY OF
ATLANTIC BEACH, FLORIDA FOR FISCAL YEAR BEGINNING OCTOBER 1,
2023 AND ENDING SEPTEMBER 30, 2024 FOR APPROPRIATING
ADDITIONAL FUNDS TO THE POLICE PENSION FUND; AND PROVIDING AN
EFFECTIVE DATE.
WHEREAS, the City Charter of the City of Atlantic Beach requires that the City Commission
approve all budgetary increases and transfers at the fund level; and
WHEREAS, the nature of budgetary systems and those day-to-day decisions affecting such
budgetary systems require adjustments from time -to -time; and
WHEREAS, the City desires to now amend the operating budget to add net funds totaling $130,000
to cover additional employer contributions to the Police Officers' Pension Fund.
NOW, THEREFORE, BE IT ENACTED BY THE CITY COMMISSION ON BEHALF OF THE
PEOPLE OF THE CITY OF ATLANTIC BEACH, FLORIDA, that:
SECTION 1. The Fiscal Year 2023/2024 Operating Budget is hereby amended as follows:
GENERAL FUND
Expenditures:
Public Safety
Operating Supplies
Machinery & Equipment
Overtime
Unfunded Liability Pension
Salaries
Public Safety
Pension City Contribution
Total Expenses:
POLICE PENSION FUND
Revenues:
Employer Contributions
Total Revenue:
($21,279)
($18,168)
($44,795)
($32,370)
($13,388)
$130,000
$0.00
$130,000
$130,000
SECTION 2. This ordinance shall take effect immediately upon adoption.
Ordinance No. 20-25-177 Page 1 of 2
PASSED by the City Commission on first reading this 270' day of January 2025.
PASSED by the City Commission on second and final reading this 10h day of February 2025.
ATTEST:
A
Donna L. Bartle
City Clerk
Approved as to form and correctness:
Ja n a rie
City to
Curtis Ford
Mayor
Ordinance No. 20-25-177 Page 2 of 2