Loading...
Item 7A v~. ORDINANCE NO. 20-06-82 AGENDA PI'EM # 7 A NOVEM[3ER 27, 2006 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, funds for two items in the fiscal year 2006 budget were not spent or encumbered by September 30, 2006. This ordinance will re-budget those items so that they may be spent as originally intended in fiscal year 2007. 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: Half Cent Sales Tax Fund Expenses: Public Works - ~, Capital Improvements West Plaza Bike Path $15,000 Change in Fund Balance <$15,000> Convention Development Tax Fund Expenses: ~., General Government - Capital Improvements Beautification /Public Art $45,000 Change in Fund Balance <$45,000> 2. This ordinance shall take effect immediately upon its adoption. Passed by the City Commission on first reading this day of November, 2006. Passed by the City Commission on second and final reading this day of November, 2006. Donald M. Wolfson Mayor /Presiding Officer Approved as to form and correctness: ATTEST: Alan C. Jensen, Esquire Donna Bussey City Attorney City Clerk