Loading...
Ordinance No. 20-05-71ORDINANCE NO. 20-05-71 AN ORDINANCE AMENDING THE OPERATING BUDGET FOR THE CITY OF ATLANTIC BEACH, FLORIDA FOR FISCAL YEAR BEGINNING OCTOBER 1, 2004 AND ENDING SEPTEMBER 30, 2005. 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. 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 2004/2005 Final Budget be amended as follows: General Fund Expenses: City Commission Operating Expenses Travel and Training Legal Services Operating Expenses Professional Services Total Expenses: Decrease in Fund Balance: Sewer Utility Fund Expenses: Non -Divisional Debt Service Principal Interest Total Expenses: Increase in Fund Balance: Water Utility Fund 3,800 22,000 $25,800 <$25,800> $<4,743> <69,283> <$74,026> $74,026 Expenses: Non -Divisional Debt Service Principal $39,474 Interest 49,559 Water Distribution Capital Outlay Infrastructure Improvements 25,622 Decrease in Fund Balance: <$114,665> Storm Water Utility Fund Expenses: Non -Divisional Debt Service Principal <$34,731> Interest <88,954> Total Expenses: <$123,685> Increase in Fund Balance: $123,685 Sanitation Utility Expenses: Operating Expenses -Contract Services 8,000 Decrease in Fund Balance: <$8,000> Community Development Block Grant Revenues: Grant Proceeds $109,402 Expenses: Operating Expenses Aid to Private Citizens 486 Capital Outlay Improvements other than buildings 3,397 Total Expenses: $3,883 Increase in Fund Balance: $105,519 Ordinance 20-OS-71, Page 2 2. This ordinance stall take effect immediately upon its adoption. Passed by the City Commission on first reading this 27~day of June, 2005. Passed by the City Commission on second and final reading this ~ ~ ~ day of July, 2005. Beaver Tem/Presiding Oi~icer Approved as to form and correctness: an C. J n, uire City A ATTEST: 0~'VYt~j Donna Bussey City Clerk Ordinance 20-05-71, Page 3