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Fort Walton Beach Resolution — 96-19-Amend Budget for FY 95/96 — reading text
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ete Bore,
City of Fort Walton Beach
Americar Mort Beautiful Beaches VY
Resolution 96-19
A RESOLUTION AMENDING THE BUDGET FOR THE CITY OF FORT WALTON BEACH,
FLORIDA, FOR THE FISCAL YEAR OCTOBER 1, 1995 THROUGH SEPTEMBER 30, 1996
MAKING CERTAIN AMENDMENTS TO DESIGNATED APPROPRIATIONS OF FUNDS OF THE
CITY, BY INCREASING THE GENERAL FUND OPERATING BUDGET BY $1,505,548,
AND THE GENERAL FUND CAPITAL BUDGET BY $104,925; AND PROVIDING DATE
HEREOF.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WALTON BEACH,
FLORIDA, THAT:
Section 1. This Resolution is in compliance with Sections 9 and
10 of Ordinance 1289, which was passed on September 26, 1995 on second
reading, entitled AN ORDINANCE 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, 1995 AND ENDING SEPTEMBER 30, 1996, PROVIDING THE EFFECTIVE
DATE HEREOF.
Section 2. The City is in the process of rebuilding numerous
structures destroyed by both Hurricanes Erin (which struck August 3,
1995) and Opal (which struck on October 4, 1995). Expenditures for
rebuilding are estimated to exceed the original budget amount of
$119,452 by $1,505,548, bringing the necessary budget amount to
$1,625,000.
THERE IS HEREBY APPROPRIATED $1,505,548, from General Fund, Fund
Balance thereby increasing the original Operating Budget figure of
$11,039,705 to $12,545,253.
Section 3. Additionally, there was an expenditure approval in the
Fiscal 93/94 Capital Projects Fund Budget for the new computer system
purchased June 1994. Funds remaining after the initial purchase and
designated as appropriated for computer acquisitions was $104,925.
These computer funds need to be re-appropriated in the General Fund.
THERE IS HEREBY APPROPRIATED $104,925 from General Fund, Fund Balance
thereby increasing the original Capital Budget figure of $815,469 to
$920,394.
Section 4. This resolution shall take effect immediately upon
approval by the council and signature by the mayor.
The form and legal sufficiency
of the foregoing has been
reviewed and approved by the
LITHO BY VITRO PRESS