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98-22679 RESO RESOLUTION NO. 98-22679 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, PROVIDING FOR THE FIRST AMENDMENT TO FISCAL YEAR 1997-98 BUDGETS WITHIN THE GENERAL FUND, TOTALING $392,165; THE ENTERPRISE FUNDS, TOTALING $422,837; AND THE INTERNAL SERVICE FUNDS, TOTALING $446,421; SAID AMENDMENTS PROVIDING FOR APPROPRIATION OF PRIOR YEAR ENCUMBRANCES WHEREAS, municipal budgeting practices require reappropriation of FY 96-97 outstanding encumbrances; and WHEREAS, the Administration has performed a review of the City's General, Enterprise, and Internal Service Funds to determine if an increase in departmental appropriations is required to compensate for prior year encumbrances; and WHEREAS, a determination has been made that functions within the General Fund, totaling $392,165; the Enterprise Funds, totaling $422,837; and the Internal Service Funds, totaling $446,421, require an increase in their respective appropriations to cover prior year encumbrances carried forward into FY 97-98; and WHEREAS, in order to either increase or amend appropriations (revenue and expense), an amendment to the current budget is necessary. NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the following departmental appropriations within General, Enterprise, and Internal Service Funds are hereby amended to cover prior year encumbrances as follows: FY1997/98 Increasel FY 1997/98 GENERAL FUND Current Budget (Decrease) Amended Budget OPERA TING REVENUES Ad Valorem Taxes $ 46,824,380 $ 0 $ 46,824,380 Other Taxes 17,223,900 0 17,223,900 Licenses & Permits 7,039,700 0 7,039,700 Intergovernmental 8,823,000 0 8,823,000 Charges for Services 1,694,080 0 1,694,080 Fines & Forfeits 1,288,750 0 1,288,750 Interest 4,713,025 0 4,713,025 Rents & Leases 810,185 0 810,185 Miscellaneous 4,196,666 0 4,196,666 Other 10,434,517 0 10,434,517 Fund Balance 394.311 392.165 786.476 Subtotal $103.442.514 $ 392.165 $103.834.679 DEBT SERVICE Ad Valorem Taxes $ 10.672.369 $ 0 $ 10.672.369 Subtotal $ 10.672.369 $ 0 $ 10.672.369 Total Revenues 11,14,114.883 $ 392.165 $114,507.048 APPROPRIA TIONS Mayor & Commission $ 640,445 $ 6,986 $ 647,431 City Manager 1,173,100 0 1,173,100 City Attorney 2,575,320 7,740 2,583,060 City Clerk 1,213,291 3,542 1,216,833 Childrens Affairs 81,110 2,950 84,060 Arts, Culture & Entertainment 296,899 0 296,899 Finance 2,085,669 0 2,085,669 Management & Budget 417,714 0 417,714 Internal Audit 320,533 0 320,533 Human Resources 1,006,549 0 1,006,549 Building 2,325,070 0 2,325,070 Code Compliance 1,633,507 0 1,633,507 Development Services 2,126,354 64,862 2,191,216 Bass Museum of Art 675,380 15,857 691,237 Recreation/C u Itu re/Parks 13,889,033 83,991 13,973,024 Procurement 557,198 0 557,198 Public Works 3,435,599 0 3,435,599 Fire 20,095,718 52,353 20,148,071 Police 37,812,560 85,125 37,897,685 Citywide Accounts 11.081.465 68.759 11.150.224 Subtotal $103.442.514 $ 392.165 $103.834.679 FY 1997/98 Increase/ FY 1997/98 Current Budget (Decrease) Amended Budget DEBT SERVICE Debt Service $ 10.672.369 $ 0 $ 10.672.639 Subtotal $ 1 0.672.369 $ 0 $ 10.672.369 Total General Fund $114,114,883 $ 392.165 $114.507.048 ENTERPRISE FUNDS APPROPRIA TIONS Convention Center /TOPA $ 9,928,698 $ 0 $ 9,928,698 Parking 14,219,492 31,378 14,250,870 Sanitation 4,812,742 0 4,812,742 Sewer Operations 26,200,495 42,437 26,242,932 Storm Water 3,321,758 197,616 3,519,374 Water Operations 16.253.565 151.406 16.404.971 Total Enterprise $ 74.736.750 $ 422.837 $ 75.159.587 INTERNAL SERVICE FUNDS APPROPRIA TIONS Central Services $ 560,379 $ 0 $ 560,379 Information Technology 6,969,770 0 6,969,770 Fleet Management 7,326,588 446,421 7,773,009 Property Management 4,351,876 0 4,351,876 Risk Management 11.604.966 0 11.604.966 Total Internal Serv $ 30,813.579 $ 446.421 $ 31.260,000 TOTAL ALL FUNDS $219,665.212 ~ 1.261 ,423 $220.926,635 PASSED and ADOPTED this 4th day of March. 1998. ~1 MAYOR Attest by: ~o~+ p~ City Clerk APPROVED AS TO FORM & LANGUAGE & FOR EXECUTION 4I(J1!:!L ~9(/ ITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH, FLORIDA 33139 ttp:\\ci.miam i-beach. fl. us ~ITY OF MIAMI BEACH COMMISSION MEMORANDUM No.l3..S...=...9 g TO: Mayor Neisen O. Kasdin and Members of the City C mission DATE: March 4,1998 FROM: Sergio Rodriguez City Manager SUBJECT: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, PROVIDING FOR THE FIRST AMENDMENT TO FISCAL YEAR 1997-98 BUDGETS WITHIN THE GENERAL, ENTERPRISE, AND INTERNAL SERVICE FUNDS TO PROVIDE FOR APPROPRIATION OF PRIOR YEAR ENCUMBRANCES RECOMMENDA TION: Adopt the Resolution. BACKGROUND: This budget amendment appropriates funds to cover prior year encumbrances within General, Enterprise, and Internal Service Funds. The components of this amendment are budget neutral, Le., they are housekeeping items and do not commit additional dollars, for which a new funding source (revenue) would have to be identified. ANAL YSIS: Following the completion of the annual audit we perform a detailed review to identify all outstanding prior year (PY) encumbrances that will require a carry forward of their funding from FY 96-97 to FY 97-98. This is required because these PY encumbrances will be spent in the current fiscal year. We have identified PY encumbrances within the General Fund totaling $392,165, the Enterprise Funds totaling $422,837, and the Internal Service Funds totaling $446,421 which require budget amendments. The source of funding for encumbrances within the General Fund has already been recognized as a reservation of fund balance and does not constitute additional expenditures or liabilities. PY Encumbrances for Enterprise, and Internal Service Funds are funded from Retained Earnings. AGENDA ITEM ~16.. 3- ~. 98 DATE Fiscal Year 1997-98 First Budget Amendment Page 2 March 4, 1998 Details of the amendment follow: General Fund Mayor/Commission City Attorney City Clerk Childrens Affairs Development Services Bass Museum Recreation/C u Itu re/Pa rks Fire Police Citywide Accounts Total General Fund Enterprise Funds Parking Sewer Operations Storm Water Water Operations Total Enterprise Funds Internal Service Fund Fleet Management Total Internal Serv Fund Reappropriation of PY Encumbrance Purpose $ 6,986 7,740 3,542 2,950 64,862 15,857 83,991 52,353 85,125 68.759 $392,165 Capital (office furniture) Capital (office furniture) Capital (computers) Supplies Professional Services, computers Professional Services Capital (vehicles) Professional Services, supplies Professional Services Professional Services $ 31,378 42,437 197,616 151.406 $ 422,837 Capital (vehicles) Professional Services Professional Services Capital (Water Main) $ 446.421 $ 446,421 Vehicles, Professional Services CONCLUSION: The attached Resolution serves as the mechanism to amend the current budget to discharge these PY obligations. The amount of FY 96-97 encumbrances to be carried forward was unknown during FY 97-98 budget deliberations last summer, as FY 96-97 had not yet closed. The source of funding for encumbrances within the General Fund has already been recognized as a reservation of fund balance. PY Encumbrances for Enterprise, and Internal Service Funds are funded from Retained Earnings. . S .JC a', ment - Resolution