Exh 7AAGENDA ITEM #7A
SEPTEMBER 2G, 2005
ORDINANCE N0.20-OS-72
AN ORDINANCE ADOPTING THE FINAL BUDGET FOR
THE CITY OF ATLANTIC BEACH, FLORIDA FOR
FISCAL YEAR BEGINNING OCTOBER 1, 2005 AND
ENDING SEPTEMBER 30, 2006.
WHEREAS, the City Commission of the City of Atlantic Beach, Florida, on September
12, 2005, held a public hearing as required by Florida Statute 200.065; and
WHEREAS, the City Commission of the City of Atlantic Beach, Florida, set forth the
appropriations and revenue estimate for the budget for Fiscal Year beginning October~l,
2005 and ending September 30, 2006 in the amount of $23,772,994.
NOW, THEREFORE, BE 1T ENACTED BY THE CITY COMMISSION ON
BEHALF OF THE PEOPLE OF THE CITY OF ATLANTIC BEACH, FLORIDA,
that;
1. The fiscal Year 2005/2006 budget be adopted, and
2. This ordinance shall take effect immediately upon its adoption.
Passed by the City Commission on first reading this day of September 2005.
Passed by the City Commission on second and final reading this day of
September 2005.
John S. Meserve
Mayor /Presiding Officer
Approved as to form and correctness:
Alan C. Jensen, Esquire
City Attorney
ATTEST:
Donna L. Bussey
City Clerk
AGENDA ITIJNI #7A
SEPTEMBER 26, 2005
City of Atlantic Beach
Combined Summary of Revenues and Expenditures
Summary of all Funds
Actual Actual Estimate Budget Increase
2002-2003 2003-2004 2004-2005 2005-2006 (Decrease)
Cash Forward 27,446,583 24,187,312 23,912,693 22,476,594 (1,436,099)
Revenues
General Fund 8,965,241 9,104,743 9,502,208 9,951,978 449,770
Special Revenue Funds 1,573,426 1,618,681 1,845,411 1,874,011 28,600
Debt Service Fund 497,339 71,748 73,535 71,100 (2,435)
Capital Project Fund 117,765 1,313 286 0 (286)
Enterprise Funds 8,649,805 9,430,044 10,486,597 9,053,702 (1,432,895)
Trust and Agency Funds 1,571,999 1,514,621 1,584,577 1,717,384 132,807
Total Reveunes 21,375,575 21,741,150 23,492,614 22,668,175 (824,439)
Other Financing Sources 1,197,041 170,046 0 0 0
Tota{ Resources 50,019,199 46,098,508 47,405,307 45,144,769 (2,260,538)
Expenditures
General Fund 8,665,956 9,201,335 11,169,351 9,848,739 (1,320,612)
Special Revenue Funds 1,976,520 1,522,400 2,503,069 2,430,911 (72,158)
Debt Service Fund 546,178 71,092 72,435 71,505 (930)
Capital Project Fund 157,513 10,477 27,936 0 (27,936)
Enterprise Funds 13,678,854 9,338,160 10,436,482 10,615,105 178,623
Trust and Agency Funds 593,889 612,340 719,440 806,734 87,294
DIVISION TOTALS 25,618,910 20,755,804 24,928,713 23,772,994 (1,155,719)
Other Financing Uses 212,977 1,430,011 0 0 0
Cash Reserves 24,187,312 23,912,693 22,476,594 21,371,775 (1,104,819)
Total Expenses and Cash 50,019,199 46,098,508 47,405,307 45,144,769 (2,260,538)
Resource Allocation
Personal Services 7,270,136 7,615,295 7,888,117 8,616,078 727,961
Operating Expenses 7,531,503 7,147,033 8,082,275 8,433,058 350,783
Capital Outlay 7,023,631 2,112,201 4,167,365 4,257,196 89,$3'i
Debt Service 2,249,756 1,771,904 1,649,009 1,677,585 28,576
Transfers 1,543,884 2,109,311 3,141,947 789,077 (2,352,870)
Total 25,618,910 20,755,804 24,928,713 23,772,994 (1,155,719)