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Ordinance No. 20-07-84 vORDINANCE 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 are 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 2006/2007 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 final reading this 9th day of April, 2007. Donald M. Wolfson Mayor /Presiding Officer Appr t orm and correctness: sen, Esquire Ci rney A (/wrr~ Donna L. Bussey, CMC City Clerk