HomeMy WebLinkAboutOrdinance 1977-023 Adjusting Liability Due to General Fund from Federal Reserve Sharing FundORDINANCE NO. 23-77
AN ORDINANCE OF THE VILLAGE OF NORTH PALM BEACH, FLORIDA,
ADJUSTING THE LIABILITY DUE TO THE GENERAL FUND FROM THE FEDERAL
REVENUE SHARING FUND.
FLORIDA:
BE IT ORDAINED BY THE VILLAGE COUNCIL OF NORTH PALM BEACH,
Section 1. ADJUSTMENT TO GENERAL FUND.
Decrease:
Assets
General Ledger - Due from Federal Revenue
Sharing (1-153) $8,710.00
Estimated Revenue
Revenue - General Federal Revenue Sharing
1-802 (332.1) $8,710.00
Section 2. ADJUSTMENT TO FEDERAL REVENUE SHARING FUND.
Decrease:
Liabilities
General Ledger - Due to General Fund
(5-229) $8,710.00
Increase:
Fund Balance
General Ledger - Fund Balance (5-601) $8,710.00
Section 3. This Ordinance shall take effect immediately
upon passage.
PLACED ON FIRST READING THIS 10TH DAY OF NOVEMBER, 1977.
PLACED ON SECOND, FINAL READING AND PASSED THIS 8TH DAY OF DECEMBER,
1977.
/s/ M. C. Love, Jr.
MAYOR
ATTEST:
/s/ Dolores R. Walker
Village Clerk