Exh 7AAGENDA ITEM #7A
SEPTEMBER 23, 2002
ORDINANCE NO. 20-02-55
AN ORDINANCE ADOPTING THE FINAL BUDGET FOR
THE CITY OF ATLANTIC BEACH, FLORIDA FOR
FISCAL YEAR BEGINNING OCTOBER 1, 2002 AND
ENDING SEPTEMBER 30, 2003.
WHEREAS, the City Commission of the City of Atlantic Beach, Florida, on September
16, 2002, 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 Yeaz beginning October 1,
2002 and ending September 30, 2003 in the amount of $22,670,810.
NOW, THEREFORE, BE IT ENACTED BY THE CITY COMMISSION ON
BEHALF OF THE PEOPLE OF THE CITY OF ATLANTIC BEACH, FLORH)A,
that;
1. The fiscal Yeaz 2002/2003 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 2002.
Passed by the City Commission on second and final reading this day of
September 2002.
John S. Meserve
Mayor /Presiding Officer
Approved as to form and correctness:
Alan C. Jensen, Esquire
City Attorney
ATTEST:
Maureen King, CMC
City Clerk
AGENDA ITEM #7A
SEPTEMBER 23, 2002
Changes to Proposed Operating Budget
After the conclusion of three budget workshops, the only definitive
additions to be made to the proposal are:
Half Cent Discretionary Sales Tax
Revenues:
Grant Proceeds - Fl. Inland Navigation District 60,000
Expenditures:
Capital Outlay
Dutton Island (Phase III) 120,000
Dewees /Coquina Drainage Improvements 90,000
Church Street 70,000
Plaza entrance to Post Office 67,200
Transfers -Out
To Governmental Capital Project Fund <46 000>
Total Expenditures: 301,200
Fund Balance Change e241,200>
Convention Development Tax Fund
Expenditures:
Capital Outlay
Ocean Avenue Improvements 75,000
Fund Balance Change <75,000>
Governmental Capital Proiect Fund
Revenues:
Transfers - In
From Half Cent Discretionary Sales Tax <46,000>
Expenses:
Capital Improvements
Dewees /Coquina Drainage Improvements <46,000>