Ordinance No. 20-25-178ORDINANCE NO. 20-25-178
AN ORDINANCE AMENDING THE OPERATING BUDGET FOR
THE CITY OF ATLANTIC BEACH, FLORIDA FOR FISCAL YEAR
BEGINNING OCTOBER 1, 2024 AND ENDING SEPTEMBER 30,
2025, 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 is amending the operating budget to add net funds totaling
($387,000) in the General Fund; $0.00 in Community Development Block Grant Fund and
$227,298 in the Stormwater Fund for various expenditures.
WHEREAS, the City of Atlantic Beach did not include the funding for these expenditures
in the original adoption of the Fiscal Year 2025 Annual Operating Budget and therefore must
amend the budget to have sufficient amounts within the General, Community Development Block
Grant, and Stormwater funds in order to fund the expenditures.
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 2024/2025 Operating Budget is hereby amended as follows:
GENERAL FUND
Revenues:
HLMP Grant $220,000
Expenditures:
Internal Funds Transfer (I 10) $607,000
Fund Balance: $(387,000)
COMMUNITY DEVELOPMENT BLOCK GRANT FUND
Revenues:
COJ CDBG $83,751
Internal Funds Transfer (10 1) $607,000
Expenditures:
Infrastructure $690,751
Fund Balance: I=
Ordinance No. 20-25-178 Page 1 of 2
STORMWATER
Revenues:
FEMA HMGP Grant $712,389
Expenditures:
Infrastructure $485,091
Fund Balance: $227,298
SECTION 2. This ordinance shall take effect immediately upon adoption.
PASSED by the City Commission on first reading this 10'h day of March 2025.
PASSED by the City Commission on second and final reading this 24`h day of March 2025.
ATTEST:
Donna L. Bartle
City Clerk
Approved as to form and correctness:
�,Q��
JasonVab.i
City At e
Curtis ord
Mayor
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