Item 7A~"
ORDINANCE NO. 20-04-b7
ATTACHMENT 7A
OCTOBER 25, 2004
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 City had budgeted funds for the construction of a skateboard park in the 2003-
2004 fiscal year budget, and
~• WHEREAS, the City of Atlantic Beach did not award a contract for the construction before the
end of the year making it necessary to re-budget the funds in the current year, and
~. WHEREAS, also addressed in this budget modification is the supplemental funding for donated
finds from the Rotary Club fundraiser and from the City of Jacksonville, and
~. WHEREAS, the City has identified excess fund balance in both the Convention Development
Tax Fund and the General Fund that may be used to begin the project and fund the project until such
time as the pledged donations and contributions are received.
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:
Convention Development Tax Fund
Revenues:
Donations from Rotary Club
Contributions from City of Jacksonville
Total Revenues:
Expenses:
Parks and Recreation
Capital Outlay -Improvements
Change in Fund Balance:
2. This ordinance shall take effect immediately upon its adoption.
Passed by the City Commission on first reading this ~ ~ I~day of October 2004.
Passed by the City Commission on second and final reading this
John S. Meserve
Mayor /Presiding Officer
Approved as to form and correctness: ATTEST:
Alan C. Jensen, Esquire
~" City Attorney
Donna Bussey
City Clerk
65,000
35,000
$100,000
$174,250
<$74,250>
day of October 2004
ATTACHMENT 7A
OCTOBER 25, 2004
STAFF REPORT
AGENDA ITEM: ORDINANCE N0.20-04-67 AMENDING THE OPERATING
BUDGET FOR THE CITY OF ATLANTIC BEACH,
FLORIDA FOR FISCAL YEAR BEGINNING OCTOBER 1,
2004 AND ENDING SEPTEMBER 30, 2005.
SUBMITTED BY:
DATE:
CITY OF ATLANTIC BEACH
CITY COMMISSION MEETING
Nelson Van Liere
Finance Director
October 5, 2004
BACKGROUND: In the 2003-2004 fiscal year budget, the City funded the
construction of a skateboard park using a combination of City
funds, donations and contributions. Due to project delays, the
contract for, the construction was not awarded before September
30, 2004 as was anticipated when preparing the 2005 budget. As a
result it becomes necessary to re-budget those funds by adding
them to the 2005 budget. This ordinance will amend the 2005
budget recently adopted to include the funding for the construction
of the park.
BUDGET: The total decrease in fund balance for the Convention
Development Tax Fund will be $74,250 as originally planned. No
additional funding is included in this ordinance.
RECOMMENDATION: Approve Ordinance No. 20-04-67
ATTACHMENTS: Ordinance No. 20-04-67
REVIEWED BY CITY MANAGER: