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Fort Walton Beach Resolution — 07-08-Budget Amendment-Increase Revenues — reading text
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RESOLUTION NO. 07-08
A RESOLUTION AMENDING THE BUDGET FOR THE CITY
OF FORT WALTON BEACH, FWRIDA, FOR THE FISCAL
YEAR OCTOBER 1, 2006 THROUGH SEPTEMBER 30, 2007
MAKING CERTAIN TO DESIGNATED
AMENDMENTS
APPROPRIATIONS FUNDSOF OF THE CITY, AND
PROVIDING AN EFFECTIVE DATE HEREOF.
WHEREAS, the City of Fort Walton Beach adopted Ordinance 1711 on September 20, 2006, on
second reading, entitled AN ORDINANCE OF THE CITY OF FORT WALTON BEACH MAKING
APPROPRIATIONS FOR CERTAIN EXPENDITURES, EXPENSES, CAPITAL IMPROVEMENTS
AND CERTAIN INDEBTEDNESS OF THE CITY OF FORT WALTON BEACH, FLORIDA, FOR
THE YEAR BEGINNING OCTOBER 1, 2006, AND ENDING SEPTEMBER 30, 2007, AND
PROVIDING AN EFFECTIVE DATE; and
WHEREAS, Sections 5 and 6 of Ordinance 1711 pennit amendments to the Budget by
Resolution with identification of expenditures and revenues; and
WHEREAS, the Budget has been evaluated mid-year and adjustments are necessary to reflect
unanticipated activities.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT
WALTON BEACH, FLORIDA:
1. Increase General Fund revenues and expenditures by $ 101, 270 from $ 18, 894, 716 to
18,995, 986, with $25,000 from grant revenue, $ 75,270 from donation revenue, and $ 1, 000
from undesignated fund balance.
2. Increase Law Enforcement Trust Fund revenue and expenditures by $ 8, 921 from $
47, 800 to
56, 721, with $6,311 from grant revenue and $ 2, 610 from donation revenue.
3. Increase Community Development Block Grant Fund revenues and expenditures by $ 15, 784
from $ 190, 788 to $ 206, 572, with $ 3, 284 from grant revenue and $ 12, 500 from donation
revenue.
4. Decrease Community Redevelopment Agency Fund revenues and expenditures by $ 25, 000
from $ 1, 747, 050 to $ 1, 722,050, with $-25, 000 from grant revenue.
5. Increase Capital Projects Fund revenues and expenditures by $ 136, 470 from $ 126, 500 to
262, 970, with $47, 449 from donation revenue and $89,021 from undesignated fund balance.
6. Increase Utilities Fund revenues and expenses by $ 305, 935 from $ 7, 586, 347 to $ 7, 892, 282,
with $306,435 from grant revenue and $- 500 from sale of surplus assets.
7. 4,167,679,
Decrease Sanitation Fund revenues and expenses by $ 500 from $4,168, 179 to $
with $-500 from undesignated fund balance.
8. This resolution shall take effect immediately upon approval by the City Council and signature
by the Mayor.