Item 7B
r
ORI3INA~fCE NO. 20-06-78
AGENDA ITEM ~7B
JUNE 26, 2006
~.
AN ORDINANCE AMENDING THE OPERATING BUDGET FOR THE
CITY OF ATLANTIC BEACH, FLORIDA FOR FISCAL YEAR
,~ BEGINNING OCTOBER 1, 2005 AND ENDING SEPTEMBER 30, 2006.
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, additional funds for insurance deductibles are needed for legal fees
generated as a result of a number of unanticipated law suits against the City. The suits that need
'" , to be funded at this time are related to a lot subdivision, religious displays in Town Center and
arbitration related to miscellaneous disciplinary actions.
NOW, THEREFORE, BE IT ENACTED BY THE CITY CONIlVIISSION ON
BEHALF OF THE PEOPLE OF THE CITY OF ATLANTIC BEACH, FLORIDA, that;
1. The Fiscal Year 2005/2006 Final Budget be amended as follows:
~" General Fund
Expenses:
City Administration
~"' Legal Division
Professional Services 38,000
Change in Fund Balance <$38,000>
2. This ordinance shall take effect immediately upon its adoption.
Passed by the City Commission on first reading this ~Z'~' day of June, 2006.
Passed by the City Commission on second and final reading this day of June, 2006.
Donald M. Wolfson
Mayor /Presiding Officer
Approved as to form and correctness:
Alan C. Jensen, Esquire
City Attorney
ATTEST:
Donna Bussey
City Clerk
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