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2010-27512 Resof' RESOLUTION NO. ~ 2010-27512 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE~CITY OF MIAMI BEACH, FLORIDA, ADOPTING FISCAL YEAR (FY) 2010/11 BUDGETS FOR SPECIAL REVENUE ~ FUNDS FOR RESORT TAX; THE 7t" STREET PARKING GARAGE OPERATIONS; CITY'S SHARE OF THE SHORTFALL CONTRIBUTION REQUIREMENT FOR THE 5t" AND ALTON PARKING GARAGE OPERATIONS; ART IN PUBLIC: PLACES (AiPP), AND THE INFORMATION AND COMMUNICATIONS TECHNOLOGY FUND `- DEBT SERVICE. WHEREAS, expenses related to tourism, monitoring and auditing payments, and rep of Resort Taxes to they City, will be paid by the Resort Tax Fund; and WHEREAS, the budget for the public parking garage located at 7t" Street and Cc Avenue (the 7th Streeti Parking Garage} provides funding for operating expenses, debt ser and a reserve for renewal and replacement; and TH WHEREAS, the budget for the public parking garage operations located at 5 and / provides funding for the City s share of the shortfall contribution requirements; and WHEREAS, the Art in Public Places (AiPP) fund , is used for the commissioi acquisition of works of art, conservation and maintenance of works of art; research evaluation of works of art, printing and distribution of related materials, and administration; a i WHEREAS, the City's General Fund budget includes a transfer of $715,000 to Information and Communications Technology Fund, of which $586,593 is for debt service the balance of $128,407 is appropriated in the FY 2010/11 Capital budget. NOW, THEREFORE, BE IT DULY RESOLVED BY THEMAYOR AND C COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and Commission hereby adopts the FY 2010/11 budgets for Special Revenue Funds as listed be V i~ SPECIAL REVENUE APPROPRIATIONS FY 2010/11 ~' Resort Tax I $41,278,981 7th Street Garage Operations 2,300,000 5th & Alton Garage-City's Share of Shortfall 186,760 Art in Public Places, 2,350,304 Information and CommunicationsTechnology Fund -Debt Service 586,593 Total I $46,702,638 PASSED and ADOPTED this 20th day of September, 2010. MAYOR ATTEST BY: pt tins ice, or nd nd ity w: i APPROvED As To a FORM ~ LANGUAGE ' ~ FOR EXECUTION CITY CLERK i ..-._~. a® fo C Attorney Date 1 COMMISSION ITEM SUMMARY Condensed Title: ~ ~ ~ A resolution of the Mayor and City Commission of the City Of Miami Beach, Florida, adopting the Fiscal Year (FY) 2010/11 budgets for Special Revenue fundh for Resort Tax; 7th Street Garage Operations City's Share ;of the Shortfall Contribution Requirements for the 5 and Alton Parking Garage Operations; Art in Public Places (AiP I );and the Information and Communications Technolo Fund -Debt Service. Kev Intended Out Tome Suenerted: Ensure expenditure trends are sustainable over the long term Improve the City's overall financial Health and maintain overall bond rating Increase Communi Satisfaction with Ci Services Supporting Data (Surveys, Environmental Scan, etc.): Based on the 2009 community ` survey, qualityjof life in the City is rated highly, the City is seen as an excellent' or `good' place to live, work, play or visit, and over 3/4's of residents would recommend it to others as a place to live. Impressively, 31 of the residential tra cking questions from 2007 experienced increases in each of the areas measured by an overall average of approxima tely 7.0%; andl28 of 32 business tracking questions experienced increases measured by an overall average of a pproximately 8.8%. Relevant findings were:( arts and culture was one of services identified that the city should striv e not to reduce; and availabili of ublic arkin was one of the services identified as ke drivers of overall satisfa ction levels. Issue: Shall the Mayor and City Commi hsion adopt the attached resolution which adopts the FY 2010/11 budgets for Special Revenue funds for Resort Tax; 7t Street Garage Operations; City s Share of the Shortfall Contribution Requirements for the 5th and Alton (Parking Garage Operations; Art in Public Places (AiPP); and thie Information and Communications Technolo Fund -Debt Service? Item Summa /Recommendation: The Administration recommends adopting the attached resolution which adopts the FY 2010/11 budgets for Special Revenue fh nds for Resort Tax; 7 Street Garage Operations; City s Share of the Shortfall Contribution Requirements for the 5t and Alton Parking Garage Operations; Art in Public Places (AiPP); and the Information land Communications Technology Fund -Debt Service. ~ Advisory Board Recommendation: Financial Information: ~ { 1 Source of ~ Amount Account ~ Approve d Funds: ~ $41,278,981 Resort Tax ~ ~ 1 ~ I 2 2,300,000 7th Street Gara e O erations ~ i { 3 186,760 5 & Alton Garage-City's Share of Shortfall Contribution Re uirement 4 2,350,304 Art in Public Places 5 586,593 Information & Communications I Technolo Fund-Debt Service OBPI T lIotal $46,702,638 C City Clerk's Office Legislative Trackin4: Sign-Offs: Department Dir ctor Assistant City Manager- City Manager I i s' ~ m MIAMIBE';ACH •~E~o•oprE Rl ~u m MI I BEACH City of Miami Beach, 170Q Convention Center Drive, Miami Beach, Florida 33139, www.miamibeac COMMISSION MEMORANDA TO: FROM: DATE: SUBJECT: Mayor Matti Herrera Bower and Members of the City Commissi Jorge M. Gonzalez City Manager September 20, 2010 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF MIAMI BEACH, FLORIDA, ADOPTING FISCAL YEAR (FY) 2010 FOR SPECIAL REVENUE FUNDS FOR RESORT TAX; THE PARKING GARAGE OPERATIONS; CITY'S SHARE OF THE CONTRIBUTION REQUIREMENT FOR THE 5th AND ALTS GARAGE OPERATIONS; ART IN PUBLIC .PLACES (AiPF INFORMATION AND COMMUNICATIONS TECHNOLOGY FI SERVICE: ~ NISTRATION RECOMMENDATION Adopt the Resolution ANALYSIS The City currently offers certain programs and activities not supported throw operating budget, but by outside agency grants and self-supporting user fee prog from these sources will be utilized as follows: Resort Tax - $41,278,981 This fund accounts for the collection of the special tax levied citywide on food, room rents used to support tourism related .activities. This function, which oper direction of the Finance Department and the Office of Internal Audit, is responsik that hotels, restaurants,I bars and other establishments which serve food and consumption on its premises, comply with Section 5.03 of the City Charter, as related to the reporting, and collection of resort taxes to the City. UM THE CITYIOF 11 BUDGETS 7th STREET SHORTFALL. iN PARKING ~, AND THE IND -DEBT h the genE ams. Fund average a ~ d 's under the for ensuring averages for ended, as ~ it An allocation for "operations" provides for all collection and audit expenses as administering the Resort) Tax function. and are charged directly to this Special Re Included in this allocation is funding for 7.5 FTEs positions and associated oper totaling approximately $1 ~ 1 million. ~nue Fun ing supp City Commission Me Resolution Adopting September 20, 2010 Page 2 The allocation to the i for tourist related sere funding supports publ Road, Ocean Drive Boardwalk security, s in tourist and visitor a code compliance sen provides for a portic Department; Memoria annual interest allocal The Fiscal Year 201( and Visitors Bureau million to the Miami E Beach marketing can Cultural Arts Counci expenses such as: sp ~andum 2010/11 Special Revenue Budgets general Fund for Fiscal Year 2010/11 of approximately $24.5 million ices and costs provided or managed by General Fund Departments. is safety programs including our ocean rescue, police services on Lei Lummus Park, Collins Avenue, Washington Avenue, ATV offs ~ecial traffic enforcement and special event staffing; and (fire rescue ~eas as well as special event support services. The funding also sup -ices to respond to evening entertainment areas and fo ~ special ev n of the operational costs of the Tourism and Cultural Develop Day; and provides a contribution to the Cultural Arts Council beyond ion from the investment of City funds. 11 budget also includes an allocation to the Greater ~MCVB) of approximately $5.1 million, $1.2 million for each Visitor and Convention Center (VCA), $200,000 ~aign, to be augmented with funds from the GMCVB, (CAC), and a $400,730 contingency for other RE cial events, protocol, and festivals. This coln its ~mi Conve ~ lion bt service, $1.6 ~r a local Miami VCA, ands the -rt Tax eligible The proceeds of the additional one percent (1 %) tax are used as follows. Fifty percent of the amount earned is committed to the payment of a portion of the debt service on the Miami Beach Redevelopment Agency -City Center/Historic Convention Village Bonds. These bonds were used for the development, improvement and construction of certain public areas including a portion of the Cultural Center facilities located within the City Center District. ~ { The 1 % budget also r• includes the arts, app 2004. The remaining Middle Beach and Soy and enhancement of revenue and expendit~ 7th Street Garage - $2 The Parking DepartmE will be used to pay as required to cover oper of any shortfall in prof parking revenues. O Re To~ ects the revised allocation method for the Qualify of Lifi ved by the Finance and Citywide Projects Committee y percent is used to fund Quality of Life capital projects i Beach as well as various. art and cultural programs or 1 ami Beach's tourist related areas. Please see Attache detail budget. 0,000 ~t is responsible for the collection of the revenues in the: ~ciated operating expenses and debt service. The oper ling expenses, debt service, and reserve for replacemen cted revenues, the difference shall be made up by funs sting Expenses $1,113,849 Service 792,200 rve -Renewal & Replacement 393,951 $2,300,000 funding, which n February 18, n North Beach, ~e maintenance lent "A" for the garage which sting budget is ~. In the event s from excess City Commission Me Resolution Adopting September 20, 2010 Page 3 5th and Alton Gara The 5t" and Alton Ga and Potamkin/Berko~ and Developer contri garage and also sha Parking Department i of any shortfall, the C Revenues Transfer from Expenses City's Share Art in Public Places ~andum 2010/11 Special Revenue Budgets - $186,760 ge is a joint venture development between the City of M Iz (Developer) where a condominium was established ate 46% and 54%, respectively, to the operating expens profits and losses consistent with the aforementioned responsible for the collection of the revenues in this gar is portion shall be made up by funds from excess parkir 2009/10 Parking Operations Budget Shortfall Contribution Requirement PP) - $2,350,304 ~mi Beach (City) Therein they City s of the parking istribution. The fie. In the event revenues. $186,760 $186,760 The Art in Public Places (AiPP) Ordinance (Ordinance No. 95-2985) was adopt ordinance was created to "enhance the aesthetic environment of the City of I including works of art on public property within the City and in City construction AiPP Ordinance was amended in May 2004 to clarify the definition of to construction projects for funding as well as the policy and procedures for appr AiPP Guidelines were lalso adopted by the City Commission at that time. The AiPP program i construction, addition used for the commiss of art; research and e administration. Revenue Prior Year Ca Transfer from Total Expenses Administration Reserve for Ai Total i n 1995. projects." ns for el nriations. The i by The Bible funded by 1 %2 % of all hard costs of City projects including new and costs for construction of joint private/public projects. The fund is ~n or acquisition of works of art; conservation and maintenance of works aluation of works of art; printing and distribution of related materials; and I Appropriation Balance 2010/11 Capital Budget Appropriation Projects $2,328,920 (21,384 $2, 350, 304 $115, 860 2.234.444 $2 304 City Commission Me Resolution Adopting September 20, 2010 Page 4 Information and C The City's General Communications Tec balance of $128,407 payment of $586,593 (SAN) - $135,651; Er Public Safety Voice C •andum 2010/11 Special Revenue Budgets unications Technology Fund -Debt Service - $ 593 Fund budget includes a transfer of $715,000 to the Information ~hnology Fund. Of this amount, $586,593 is for debt service anc s appropriated in the FY 2010/11 Capital budget. The an ~ ual debt se is for the following projects: City's WiFi - $332,306; Storage Area Net terprise Uninterrupted Power Supply (UPS) and Generator - $26,814; der IP (VOIP) - $91,822. { In addition, $128,407 is appropriated in the FY 2010/11 Capital Budget projects: AVL Tracking System .for City Vehicles - $21,942; Building Deve Enterprise System - $100,000 (funded from $100,000 prior year appropriation System Replacement project); RecWare Recreation Software - $29,550; Syrr Vault for Network Storage - $41,150; Upgrade Laserfische - $31,320; an Contingency - $4,445. CONCLUSION The attached Resoluti the continuation of the JMG:KGB:J~ n adopting funding for FY 2010/11 budgets from these e projects and activities provided by the- City. and the vice and r the following pment Process r the Permitting ntec Enterprise Info & Tech urces is Ito CITY OF MIAMI BEACH PROPOSED FISCAL YEAR 2010/11 RESORT TAX FUND BUDGET 2% Revenues: Resort Tax Special Assessment-North Shore Special Assessment-Lincoln Road Interest Income Registration Fees, Filing Fees 8 Mi; Total 2% R 2% Expenditures: Personnel Costs: Salaries & Wages Health, Life ~ Dental Insurance Pension Contributions & Other Benefits Total Personnel Co: Operating Costs: Professional Services Internal Audit/Resort Tax Auditors' Exp. Telephone Postage Administrative Fees Rent-Building 8~ Equipment Printing Office Supplies Other Operating Expenditures Travel Local Mileage Training Internal Service -Central Service Intemal Service -Property Management Internal Service -Communications Intemal Service -Self Insurance Internal Service - Computers Internal Service -Prop. Mgmt/Electrical Total Operating Co: Total 2% Operating Expenditu~~ 2% Other Uses: Contribution to VCA Contribution to Bureau Marketing Super Bowl Debt Service -North Shore Debt Service -Gulf Breeze Contingency . Transfer to Capital Projects General Fund Contribution Total 2% Other Use Net 2% 1 % Revenues: Resort Tax Total 1 % Reven~ 1% Expenditures: Other Designated Expenditures South Beach -Quality of Life Capital Middle Beach -Quality of Life Capital North Beach -Quality of Life Capital Arts Total 1 % Other Uses Debt Service - TIF Bonds Total 1 % Expenditures Net 1 Total Resort Tax Revenues: Total Resort Tax Expenditures: Net ATTACHMENT A Actual Actual Adopted Proposed Prop 11-Adp 10 9'o Diff FY 2007/08 FY 2008/09 FY 2009110 FY 2010111 Variance $ 31,177, 551 $ 30, 850, 261 . $ 31,180, 000 $ 33, 323,146 $ 2,1 13,146 6.9% 292,584 376,405 253,000 255,215 2,215 0.9% 596,033 370,862 335,000 344,486 9,486 I 2.8% 203,860 213,163 200,000 200,000 0 0.0% 10, 955 12, 324 0 0 0 0.0% $ 32, 280, 983 $ 31, 823, 015 $ 31, 968, 000 $ 34,122, 847 $ 2,154, 847 6.7% $ 167,668 $ 215,914 $ 241,689 $ 272,363 $ 30,674 12.7% 7,289 11-,332 11,219 13,649 2,430 21.7% 72,940 76,152 85,879 58,946 (26,933) -31.4% $ 247,897 $ 303,398 $ 338,787 _ $ 344,958 $ 6,171 1.8% $ 2,274 $ 5,385 $ 10,000 $ 2,500 $ (I~,500) -75% 642,578 662,817 706,632 650,171 (56,461) -8% 1,136 909 1,500 1,500 0 0% 20 0 7,300 7,300 0 0% 26,450 26,450 26,450 31,483 5,033 19% 230 1,148 3,600 3,600 0 0% 1, 346 725 100 100 0 0% 651 1,175 750 750 0 0% 7,301 8,472 1,000 1,000 0 0% 3,500 0 0 0 0 0% 0 0 50 50 0 0% 0. 0 1,000 1,000 0 0% 12,959 5,298 12,529 12,529 0 0% 6,022 995 1,802 3,588 1,786 99% 4,280 4,738 11,120 7,052 (4,068) -37% 13,640 16,463 14,898 20,405 5,507 37% 10, 327 11,132 13, 299 10, 304 (2, 995) -23% 2,389 1,608 2 418 2,476 '58 2% $ 735,102 $ 747,315 $ 814,448 $ 755,808 $ (58,640) -7% $ 982,999 $ 1,050,713 $ 1,153,235 $ 1,100,766 $ (52,469) -5% $ 1,476,900 $ 1,512,843 $ 1,496;640 $ 1,599,511 $ 102,871 7% 5,405,377 5,567,539 5,000,000 5,135,000 135,000 3% 126,467 116,406 100,000 200,000 100,000 100% 0 0 100,000 0 (100,000) -100% 975,100 975,100 1,014,000 669,000 (345,000) -34% 553,000 553,000 553,000. 552,400 (600) 0% 0 525,000 85,685 400,730 315,04'5 368% 264,030 0 0 0 0 0% '20,696,310 _ 21,865,440 22,465,440 24,465,440 2,000 000 9% $ 29,497,184 $ 31,115,328 $ 30,814,765 $ 33,022,081 $ 2,207,316 7% $ 1,800,800 $ (343,026) $ 0 $ (0) $ (0) 0% $ 6,922,709 $ 6,562,030 $ 6,920 000 $ 7,156,134 $ 236 134 3.4% $ 6,922,709 $' 6,562,030 $ 6,920,000 $ 7,156,134 $ 236,134 3.4% $ 865,339 $ 820,254 $ 865,000 $ 894,517 $ 29,517 865,339 820,254 865,000 894;517 29,517 865,339 820,254 865,000 894,517 29,517 865,339 820,254 865 000 894 517 29 517 $ 3,461,355 $ 3,281,015 $ 3,460,000 $ , 3,578,067 $ 118,067 $ 3,461,355 $ 3,281,015 $ 3 460 000 $ 3 578 067 $ 118 067 $ 6,922,709 $ 6,562,030 $ 6,920,000 _ $ , , 7,156,134 $ 236,134 $ 0 $ 0 $ 0 $ 0 $ 0 $ 39,203,692 $ 38,385,045 $ 38,888,000 $ 41,278,981 $ 2,390,981 $ 37,402,892 $ 38,728,071 $ 38,888 000 $ 41,278,981 ~ $ 2,390,981 $ 1,800,800 $ (343,026) $ 0 $ (O) $ (0) l 3% 3% 3% 3% 3% 3% 0% 6% 6% 0%