Ordinance No. 20-21-160ORDINANCE NO. 20-21-160
AN ORDINANCE AMENDING THE OPERATING BUDGET FOR THE
CITY OF ATLANTIC BEACH, FLORIDA FOR FISCAL YEAR
BEGINNING OCTOBER 1, 2020 AND ENDING SEPTEMBER 30, 2021,
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 net funds totaling $91,724 in the
General Fund; $505,000 in the Half -Cent Sales Tax Fund (Better Jax); $1.29 Million in the Water Fund;
$255,000 in the Sewer Fund; $200,000 in the Stormwater Fund; $8,609 in the Police Officer's Pension
Fund; and $33,013 in the General Employees' Pension Fund for various expenditure and capital
improvements.
WHEREAS, the City of Atlantic Beach did not include the funding for these expenditures in the
original adoption of the Fiscal Year 2021 Annual Operating Budget and therefore must amend the budget
to have sufficient amounts within the General, Half -Cent Sales Tax, Water, Sewer, Stormwater, and General
Employees' and Police Officers' Pension Funds in order to fund the expenditures and capital improvements.
NOW, THEREFORE, BE IT ENACTED BY THE CITY COMMISSION ON BEHALF OF
THE PEOPLE OF THE CITY OF ATLANTIC BEACH, FLORIDA that:
SECTION 1. The Fiscal Year 2020/2021 Operating Budget is hereby amended as follows:
1
Revenues:
Contribution from Water Fund $45,862
Contribution from Sewer Fund 45,862
Total Revenues:
Expenditures:
Finance:
Other Contractual Services $ 4,632
General Government:
Insurance (4,632)
Parks Maintenance:
Benefit Group/General Employees' Pension 34,745
Unfunded Liability: General Employees' Pension 56,979
Total Expenditures:
Ordinance No. 20-21-160 Page 1 of 3
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Expenditures:
Other Contractual Services $200,000
Land (0 Lily Street) 305,000
Total Expenditures: $505,000
Fund Balance:505 000
WATER UTILITY FUND
Expenditures:
Water Production:
Benefit Group/General Employees' Pension $ (6,401)
Unfunded Liability -General Employees' Pension (16,530)
Infrastructure $1,290,000
Water Distribution:
Benefit Group/General Employees' Pension $ (6,401)
Unfunded Liability -General Employees' Pension (16,530)
Transfer to General Fund 45,862
Total Expenditures: $1,290,000
Fund Balance: S(1.290.0001
SEWER UTILITY FUND
Expenditures:
Sewer Collection:
Benefit Group/General Employees' Pension $ (6,401)
Unfunded Liability -General Employees' Pension (16,530)
Sewer Treatment:
Benefit Group/General Employees' Pension $ (6,401)
Unfunded Liability -General Employees' Pension (16,530)
Infrastructure 255,000
Transfer to General Fund 45,862
Total Expenditures: $ 255,000
Fund Balance 255 00
STORMWATER UTILITY FUND
Expenditures:
Land (55 Ft each of 1964 & 1980 Francis Street) $ 200,000
Fund Balance: 200 000
Ordinance No. 20-21-160 Page 2 of 3
Expenditures:
Pension Refunds
Fund Balance:
Expenditures:
DROP Pay -Defined Benefit Plan
Fund Balance:
SECTION 2. This ordinance shall take effect immediately upon adoption.
$ 8,609
$ 33,013
� 3( 3.0131
PASSED by the City Commission on first reading this 22" a day of March 2021.
PASSED by the City Commission on second and final reading this 12"' day of April 2021.
en Glasser, Mayor
Attest:
Donna L. Bartle, City Clerk
Approved as to form and correctness:
�Xu .4-
Br r! ay. Dur n, City Attorney
Ordinance No. 20-21-160 Page 3 of 3