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Ordinance No. 20-17-143 vORDINANCE NO. 20-17-143 AN ORDINANCE AMENDING THE OPERATING BUDGET FOR THE CITY OF ATLANTIC BEACH, FLORIDA FOR FISCAL YEAR BEGINNING OCTOBER 1, 2016 AND ENDING SEPTEMBER 30, 2017, AND PROVIDING AN EFFECTIVE DATE. 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 is amending the operating budget to add a transfer out of the General Fund totaling $54,225. WHEREAS, the City is amending the operating budget to add net revenue totaling $54,225 and net expense totaling $54,225 to the Capital Improvement Fund. NOW, THEREFORE, BE IT ENACTED BY THE CITY COMMISSION ON BEHALF OF THE PEOPLE OF THE CITY OF ATLANTIC BEACH, FLORIDA, that; 1. The Fiscal Year 2016/2017 Budget to be amended as follows: GENERAL FUND Expenses: Police — Patrol — Salary <$ 54,225> Non -Departmental — Transfers Out 54,225 Total Expenses: $ 0 Fund Balance $ 0 CAPITAL IMPROVEMENT FUND— Revenues: Transfer from General Fund $ 54,225 Expenses: Public Safety / Buildings $ 54,225 Total Expenses: $ 54,225 Fund Balance: $ 0 2. This ordinance shall take effect immediately upon its adoption. Passed by the City Commission on first reading this 27th day of February 2017. Passed by the City Commission on second and final reading this 13th day of March 2017. Approved as to form and correctness: B nn ur en City Attorney Mitchell Reeves Mayor / Presiding Officer ATTEST: �Q pY/ �'�vK•R, �i�JG�2� DONNA L. BARTLE, CMC City Clerk Ordinance No. 20-17-143 Page 2 of 2