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Fort Walton Beach Resolution — 2009-47-FY 10 Budget Amendment — reading text
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RESOLUTION NO. 2009- 47
A RESOLUTION OF THE CITY OF FORT WALTON BEACH,
FLORIDA, AMENDING THE FISCAL YEAR OCTOBER 1, 2009 THROUGH
SEPTEMBER 30, 2010 BUDGET TO MAKE CERTAIN AMENDMENTS TO
DESIGNATED APPROPRIATIONS OF CITY FUNDS; AND PROVIDING AN
EFFECTIVE DATE.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT
WALTON BEACH, FLORIDA, THAT:
Section 1. Authority
Resolution 2009- 40, adopted on September 16, 2009, authorizes amendments to
the FY 2009- 10 budget by resolution.
Section 2. General Fund Carryovers Amendment
Carryover funds for donation and agency accounts have been finalized and need
to be recorded.
a. Aluminum Can Donations - $ 1, 755.
b. Passport Fees - Library - $29, 776.
c. Passport Fees - Museum - $ 7, 488.
d. Earth Day Donations - $ 1, 647.
e. Vending Machine Revenues - $ 130.
f. Library Donations - $ 2, 375.
g. Museum Donations - $ 4, 944.
h. Recreation Donations - $ 1, 152.
Therefore, the General Fund carryovers are increased from $41, 562 to $ 90, 829.
Section 3. General Fund Budget Amendment
The City received $ 1, 283 in insurance proceeds for a damaged police vehicle.
Therefore, there is appropriated $ 1, 283 from other revenues increasing the General Fund
budget by $ 1, 283 from $ 18, 609,321 to $ 18, 610,604.
Section 4. Utilities Fund Budget Amendment
a. City Council authorized the use of 2005 Utility Bond proceeds to fund
67, 000 on October
emergency repairs to Pump Station # 1 in the amount of $
27, 2009.
b. The first 2005 Utility Bond principal payment due in July 2010 in the amount
of $160, 000 was inadvertently omitted from the adopted budget.
Therefore, there is appropriated $ 67, 000 from bond proceed revenues and
160,000 from unrestricted net assets increasing the Utilities Fund budget by $ 227, 000
from $8, 397, 890 to $ 8, 624, 890.