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RESOLUTION 88-19137 RESOLUTION No. 88- 19137 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, PROVIDING FOR THE SECOND AMENDMENT OF THE FY 1987/1988 BUDGETS FOR THE GENERAL, ENTERPRISE, AND INTERNAL SERVICE FUNDS; PROVIDING REAPPROPRIATION OF FUND BALANCE OR RETAINED EARNINGS FOR PRIOR YEAR'S ENCUMBRANCES; THE REALLOCATION OF BUDGETED FUNDS FOR: (1) IMPLEMENTATION OF SALARY INCREASES PROVIDED FOR BY THE "FORMULA"; (2) CASH MATCH REQUIRED FOR THE LIGHT RAIL TRANSIT STUDY; (3) REORGANIZATION OF THE PUBLIC AFFAIRS FUNCTION; AND, (4) OPERATION OF THE COLONY THEATER, WHEREAS, the City's Comprehensive Annual Financial Statement reflects a classification of Reserved Fund Balance and/or Retained Earnings for each of the operating funds of the City as of September 30, 1988; and WHEREAS, it is necessary to reappropriate the amounts set aside as a reservation of fund balance to permit the payment of existing obligations; and WHEREAS, the Administration has received the responsibility to manage and operate the Colony Theater; and WHEREAS, the operations of the Theater will result in additional revenues of $22,000 with an increase in expenditures of $56,000; and WHEREAS, in a review of the existing allocations of funds and appropriations throughout the City, the Administration has identified funding for the negotiated salary increases as referenced by "the formula" in each of the four labor agreements, the necessary cash match required for the light rail feasibility study, and the reorganization of the public affairs and information function. NOW, THEREFORE, BE IT DULY RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, that the City Commission of the City of Miami Beach hereby amends the FY 1987/1988 Budgets for the City of Miami Beach, to be as follows: CURRENT AMENDMENTS AMENDED BUDGET INC/(DEC) BUDGET REVENUES GENERAL FUND Recreation & Culture Colony Theater $0 $22,000 $22,000 Non-Revenues Reserved Fund Balance 3,066,333 247,733 3,314,066 TOTAL GENERAL OPERATING $69,374,186 $269,733 $69,643,919 ENTERPRISE FUNDS Metered Parking Retained Earnings $557,807 $100,378 $658,185 Total Metered Parking $3,542,134 $100,378 $3,642,512 Sanitation General Fund Contribution $1,845,305 $45,326 $1,890,631 Retained Earnings 139,237 905 140,142 Total Sanitation $4,574,118 $46,231 $4,620,349 Water & Sewer Retained Earnings 1,596,490 107,948 1,704,438 Total Water & Sewer $15,280,790 $107,948 $15,388,738 TOTAL ENTERPRISE FUNDS $23,397,042 $254,557 $23,651,599 **Page Two** CURRENT AMENDMENTS AMENDED BUDGET INC/(DEC) BUDGET REVENUES (continued) INTERNAL SERVICE FUNDS Building Maintenance Inter-departmental charges $2,373,646 $25,556 $2,399,202 Retained Earnings 86,682 18,747 105,429 Total Building Maintenance $2,465,898 $44,303 $2,510,201 Central Services Inter-departmental charges $432,277 $3,468 $435,745 Retained Earnings 12,582 447 13,029 Total Central Services $448,749 $3,915 $452,664 Communications Inter-departmental charges $841,108 $1,954 $843,062 Total Communications $846,841 $1,954 $848,795 Mechanical Maintenance Inter-departmental charges $3,045,760 $26,540 $3,072,300 Retained Earnings 511,291 43,475 554,766 Total Mechanical Maintenance $3,603,338 $70,015 $3,673,353 Self-Insurance Inter-departmental charges $5,046,539 $2,143 $5,048,682 Total Self-Insurance $5,050,903 $2,143 $5,053,046 Total Internal Service Funds $12,415,729 $122,330 $12,538,059 APPROPRIATIONS General Fund Mayor and Commission $408,203 $60,001 $468,204 Legal 772,848 28,847 801,695 City Manager 706,206 51,752 757,958 Bass Museum 424,380 4,488 428,868 Beach Patrol 2,620,233 44,887 2,665,120 Building Department 806,910 15,220 822,130 City Clerk 515,535 8,496 524,031 Computers 1,211,835 74,914 1,286,749 Convention Center 2,950,892 85,120 3,036,012 Econ. & Comm. Development 424,478 85,393 509,871 Finance 1,507,798 33,583 1,541,381 Fire 12,609,825 325,531 12,935,356 Management & Budget 658,194 12,760 670,954 Personnel 927,033 13,455 940,488 Planning 606,864 11,057 617,921 Police 23,601,735 505,488 24,107,223 Public Affairs 286,775 (29,693) 257,082 Public Services 8,975,426 166,776 9,142,202 Purchasing/Property Mgmt. 610,579 10,267 620,846 Contractual Obligation 500,005 0 500,005 Renewal and Replacement 354,000 0 354,000 Unclassifieds 7,894,432 (1,238,609) 6,655,823 Total General Fund $69,374,186 $269,733 $69,643,919 Enterprise Funds Metered Parking $3,542,134 $100,378 $3,642,512 Sanitation 4,574,118 46,231 4,620,349 Water and Sewer 15,280,790 107,948 15,388,738 Total Enterprise Funds $23,397,042 $254,557 $23,651,599 . **Page Three** CURRENT AMENDMENTS AMENDED BUDGET INC/(DEC) BUDGET Internal Service Funds Building Maintenance 2,465,898 44,303 $2,510,201 Central Service 448,749 3,915 452,664 Comunications 846,841 1,954 848,795 Mechanical Maintenance 3,603,338 70,015 3,673,353 Self-Insurance 5,050,903 2,143 5,053,045 Total Internal Service Funds $12,415,729 $122,330 $12,538,059 PASSED and ADOPTED this 20th day of January, 1988. // 4001( YOR Attest by: 446:„A City Clerk LEGAL FORM APPROVED BY: 01 ity Atto -y FUNDING APPROVED BY: d // iv Off i . of Managemen & Budget pc-1 ece, Wea I eead --- 7i=..,, FLORID A 3 3 1 3 9 Pi \1tr "7/1s, `y l� i*1INCOR RATED *i "VACATIUNL,4NL) U. .S. A. " \‘-iief OFFICE OF THE CITY MANAGER CITY HALL ROB W.PARKINS 1700 CONVENTION CENTER DRIVE CITY MANAGER TELEPHONE: 673-7010 COMMISSION MEMORANDUM NO. 34-0 DATE: January 20, 1988 TO: Mayor Alex Daoud al • Members of th- 'Ity Comm i• io % L.- - ‘ FROM: Rob W. Par'.ns ' •Ii/ Cit Manager ie� Y 9 4A4 SUBJECT: A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, PROVIDING FOR THE SECOND AMENDMENT OF THE FY 1987/1988 BUDGETS FOR THE GENERAL, ENTERPRISE, AND INTERNAL SERVICE FUNDS. The attached resolution provides for the second amendment to the FY 1987/1988 General , Enterprise, and Internal Service Budgets. The amendment is comprised of five specific parts. The first portion of the amendment results from the reappropri ati on of funds for open encumbrances as of September 30, 1987. The source of funding for these appropriations is the reserved fund balances and retained earnings in each respective fund. The second portion of the amendment results from the application of the "formula" found in each of the labor agreements with the City' s four bargaining units. Funding for this activity is provided by the reallocation of the existing formula reserve line item located in the General Fund. The amendment also includes the incorporation of the operations of the Colony Theatre into the Convention Center. The estimated costs for its operation is $56,000 with a corresponding increase in revenues of $22,000. The amendment provides for the $80,000 cash match required under the requirements established in the contract for the Light Rail Feasibility Study Grant. Funding for this requirement is derived from the reallocation of existing budgeted line items. Finally, there is a reallocation of the funds for the reorganization of the public affairs function into the Office of the Mayor and Commission. Again, there are no additional funding requirements for this reorganization, which is derived from the reallocation of the existing budget amounts. ADMINISTRATION RECOMMENDATION: The Administration recommends that the City Commission adopt the attached resolution providing for the second amendment to the FY 1987/1988 General , Enterprise, and Internal Service Fund Budgets. RWP:MAM:pc-1 y 29 AGENDA , la.— ITEM ` DATE i_2-O , ORIGINAL RESOLUTION NO. 88-19137 (Providing for the Second amendment to the FT 1987/1988 budgets for the General, En- terprise, and Internal Service Funds; providing reappropriation of fund balance or retained earnings for prior year's encumbrances; the reallocation of budgeted funds for (1) implementation of salary increases provided for by the "Formula" (2)cash match required for the light rail transit study (3) reorganization of the public affairs function; and (4) operation of the Colony Theater)