Ordinance No. 20-08-90 vORDINANCE NO. 20-08-90
AN ORDINANCE AMENDING THE OPERATING BUDGET FOR THE
CITY OF ATLANTIC BEACH, FLORIDA FOR FISCAL YEAR
BEGINNING OCTOBER 1, 2007 AND ENDING SEPTEMBER 30, 2008.
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's Public Works Director requests funding to repair City facilities
damaged during construction at the One Ocean hotel and an offsetting budget adjustment to revenues
for reimbursement of said damages, and
WHEREAS, the City has reviewed the additional funding needs of the Public Arts statue
project and determined that a portion of the funds not used for the Buckman Trust property
improvements and unreserved fund balance could be used to continue the Public Arts project as
planned.
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 2007/2008 Final Budget be amended as follows:
GENERAL FUND
Revenues:
Reimbursement -Damaged Property $34,800
Expenses:
Operating Expenses:
Public Works -Road & Street Division
Other Current Charges $24,800
Parks & Recreation -Maintenance
Other Current Charges 10,000
Change in Fund Balance $0
WATER FUND
Revenues:
Reimbursement -Damaged Property $ 3,500
Expenses:
Operating Expenses:
Public Utilities -Distribution
Other Current Charges $ 3,500
Change in Fund Balance $0
HALF CENT SALES TAX FUND
Expenses:
Capital Expenses:
Parks & Recreation -Park Improvements
Improvements -Buckman Trust Property
Improvements -Statue -Turtle
Change in Fund Balance
2. This ordinance shall take effect immediately upon its adoption.
Passed by the City Commission on first reading this 14th day of July, 2008.
John
<$25,000>
$28,307
<$ 3,307>
the City Commission on second and final reading this I ~ ffi day of ~, 2008.
Officer
Approved to form and correctness: ATTEST: ~'
v~~~~rt~i (y
1 . J nsen, Esquire Donna L. Bartle, CMC
City rney City Clerk
Ordinance No. 20-08-90 Page 2 of 2