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THIRD BUDGET AMENDMENT - FY 2003 (B)
ORDINANCE NO. 0-03-88
AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF GAINESVILLE, FLORIDA; RELATING TO ITS GENERAL GOVERNMENT BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2002 AND ENDING SEPTEMBER 30, 2003; AMENDING ORDINANCE NO. 020351 AS AMENDED BY ORDINANCE NO. 020900 AND 030011, BY MAKING CERTAIN ADJUSTMENTS TO THE GENERAL FINANCIAL AND OPERATING PLAN BUDGET; AND PROVIDING AN IMMEDIATE EFFECTIVE DATE.
recommendation
The City Commission adopt the proposed ordinance.
explanation
The purpose of this amendment is to accurately reflect and incorporate into the City's FY 2003 General Government budget those transactions and activities that were not anticipated during the budget process.
Fiscal Note
All of the recommended changes are funded either by increases in revenue budgets, decreases in expenditure budgets, or decreases in the appropriate fund balance.