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Ordiance No. 20-11-110 v ORDINANCE NO. 20-11-110 AN ORDINANCE AMENDING THE OPERATING BUDGET FOR THE CITY OF ATLANTIC BEACH, FLORIDA FOR FISCAL YEAR BEGINNING OCTOBER 1, 2010 AND ENDING SEPTEMBER 30, 2011. 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 City has received bids for the dock extension at Tideviews Park in excess of the available funds. The City staff recommends transferring excess fund balance from the General Fund to the project in the current year and then reimbursing the General Fund with Convention Development Tax Funds to be budgeted in the 2012 Annual Budget. Temporarily borrowing the funds will enable the project to proceed timely in order to meet the grant deadline of completion by the end of the fiscal year, and WHEREAS, the City has acquired confiscated funds in the amount of $2,000 that requires City Commission approval and an appropriation to spend. This ordinance creates a budget for those funds, and WHEREAS, the City has determined that a larger well for the geothermal work recently awarded in connection with the design of the Public Safety building will require an additional $5,000 to be added to the authorized funding for the project. 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 2010/2011 Budget to be amended as follows: GENERAL FUND Expenses: Transfer to Convention Development Tax Fund $72,000 Fund Balance: <$72,000> CONVENTION DEVELOPMENT TAX FUND Revenues Transfer from General Fund $72,000 Expenses: Parks and Recreation Capital Outlay — Tideviews Dock Extension $72,000 Fund Balance: $0 FLORIDA CONTRABAND FORFEITURE FUND Expenses: Police Department Operating Expenses — surveillance equipment $2,000 Fund Balance: <$2,000> GOVERNMENTAL CAPITAL PROJECT FUND Expenses: Police Department Capital Outlay Buildings $5,000 Fund Balance: <$5,000> 2. This ordinance shall take effect immediately upon its adoption. Passed by the City Commission on first reading this Gia day of May, 2011. Passed by the City Commission on second and final reading this l3 day of June, 2011. Mike Borno, Mayor / Presiding Officer Approved as to form and correctness: ATTEST: 404.4v / lriV! 1. . J-. sen, Esquire, Donna L. Bartle, CMC City Att , rney City Clerk