Item 7AAGENDA ITEM # 7A
APRIL 9, 2007
ORDINANCE NO. 20-07-84
AN ORDINANCE AMENDING THE OPERATING BUDGET FOR THE
CITY OF ATLANTIC BEACH, FLORIDA FOR FISCAL YEAR
BEGINNING OCTOBER 1, 2006 AND ENDING SEPTEMBER 30, 2007.
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 has received notification of a grant award from the Florida
Communities Trust to purchase the Buchman Trust Property for conservation. This amendment
supplements the original budget that only included city funds. The amounts included in this
amendment represent outside contributions. If for some reason those commitments aze not honored,
the City will draw down fund balance for the needed amount to fund the purchase and amenities
required.
NOW, THEREFORE, BE IT ENACTED BY THE CITY COMMISSION ON
BEHALF OF THE PEOPLE OF THE CITY OF ATLANTIC BEACH, FLORIDA, that;
1. The Fiscal Year 200b/2007 Final Budget be amended as follows:
GENERAL FUND
Revenues:
Contributions and Donations $200,000
!+~ Expenses:
Pazks and Recreation
Capital Improvements
,~ Land $175,000
Improvements Other Than Land $25,000
Change in Fund Balance $0
2. This ordinance shall take effect immediately upon its adoption.
Passed by the City Commission on first reading this 26~' day of March, 2007.
Passed by the City Commission on second and fmal reading this 9~' day of April, 2007.
Donald M. Wolfson
Mayor /Presiding Officer
Approved as to form and correctness:
Alan C. Jensen, Esquire
City Attorney
ATTEST:
Donna L. Bussey, CMC
City Clerk
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