RESOLUTION 90-20083 RESOLUTION NO. 90-20083
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF MIAMI BEACH,
FLORIDA, PROVIDING FOR AMENDMENTS TO THE FY 89/90 BUDGETS FOR THE
GENERAL FUND, PARKING ENTERPRISE FUND, AND MECHANICAL MAINTENANCE
INTERNAL SERVICE FUND; MAKING PROVISIONS FOR: 1) ADDITIONAL FUNDING
FOR SUPPLEMENTAL PENSION FUND FOR FIREMEN AND POLICEMEN: 2)
RECLASSIFICATION OF SALE OF CITY PROPERTY; 3) INCREASING THE
ACCUMULATED LEAVE SETTLEMENT ACCOUNT; 4) INCREASING HEALTH AND LIFE
INSURANCE ACCOUNT; 5) OTHER INCREASES TO DEPARTMENTAL BUDGETS; AND,
PROVIDING FOR INCREASED REVENUES TO FUND ADDITIONAL APPROPRIATIONS.
WHEREAS, actuarial required contributions to the City Supplemental Pension
Fund for Firemen and Policemen require additional funding, and an increase in the
current year appropriation for the administrative budget in order to provide
administrative services; and,
WHEREAS, it is necessary to reclassify the sale of certain City property
completed in the prior fiscal year; and,
WHEREAS, it is necessary to increase the appropriations to the City's
Accumulated Leave Settlement account to fund leave balances for the remainder of
the fiscal year; and,
WHEREAS, it is necessary to increase the appropriations to the City's
Health and Life Insurance account to cover payments due to Humana Health Care
Inc. , for prior years; and,
WHEREAS, it is necessary to increase the appropriations of certain
operating departments in order to continue the functions of the City; and,
WHEREAS, the funding for all increased appropriations will be provided from
increases in revenues and a contribution from fund balance or retained earnings.
NOW, THEREFORE, BE IT DULY RESOLVED BY THE CITY COMMISSION OF THE CITY OF
MIAMI BEACH, FLORIDA, that the City Commission of the City of Miami Beach hereby
amends the budgets for the General Fund, Parking Enterprise Fund ,and Mechanical
Maintenance Internal Service Fund, increasing appropriations by $1 ,244,697 in the
General Fund; increasing the Parking Enterprise Fund operating budget by $353,059;
and increasing the budget for the Mechanical Maintenance Internal Service Fund
by $212,211, with corresponding increases in revenues as herein summarized and
set forth below.
FY 89/90 Increase/ FY 89/90
GENERAL FUND Current Budget (Decrease) Amended Budget
OPERATING REVENUES
Taxes $44,829,045 $ 0 $44,829,045
Licenses and Permits 5,064,873 0 5,064,873
Intergovernmental 8,763,497 0 8,763,497
Charges for Service 925,635 0 925,635
Fines and Forfeits 1 ,600,000 0 1 ,600,000
Interest 2,637,027 0 2,637,027
Rents and Leases 1 ,056,330 0 1 ,056,330
Miscellaneous 6,270, 116 (226,925) 6,043, 191
Other 250,000 0 250,000
Fund balance 264,321 1 ,471 ,622 1,735,943
Subtotal $71,660,844 $1 ,244,697 $72,905,541
GENERAL OBLIGATION
DEBT SERVICE
Ad Valorem Taxes $11 ,607,795 $ 0 $11,607,795
Fund Balance 1 ,001 ,205 0 1 ,001,205
Subtotal $12,609,000 $ 0 $12,609,000
Total Revenues $84,269,844 $1 ,244,697 $85,514,541
FY 89/90 Increase/ FY 89/90
Current Budget (Decrease) Amended Budget
APPROPRIATIONS
Mayor $ 503,026 $ 0 $ 503,026
City Manager 904, 174 0 904, 174
Bass Museum 415,447 0 415,447
Beach Patrol 2,546,096 0 2,546,096
Building 1 ,088,329 0 1 ,088,329
City Clerk 525,411 0 525,411
Computers 1,336, 182 0 1,336, 182
Convention Center - TOPA 320,929 0 320,929
Economic Development 438,632 0 438,632
Finance 1,547,615 0 1 ,547,615
Fire 14,671 ,949 229,867 14,901 ,816
Historic Preser/Urban Design 150,212 0 150,212
Legal 991,758 0 991,758
Management and Budget 659,516 0 659,516
Parking Enforcement 644,964 0 644,964
Parks and Recreation 6,366,919 0 6,366,919
Personnel 1 , 143,092 0 1 , 143,092
Planning 590,302 19,764 610,066
Police 26,499,015 196,991 26,696,006
Public Works 2,347, 164 0 2,347, 164
Purchasing 638,866 18, 117 656,983
Special Programs 161 ,992 0 161,992
Unclassified Accounts 7, 169,254 779,958 7,949,212
Subtotal $71 ,660,844 $1 ,244,697 $72,905,541
GENERAL OBLIGATION
DEBT SERVICE
Ad Valorem Taxes $11,607,795 $ 0 $11,607,795
Fund Balance 1 ,001 ,205 0 1 ,001,205
Subtotal $12,609,000 $ 0 $12,609,000
Total General Fund $84,269,844 $1,244,697 $85,514,541
PARKING ENTERPRISE FUND $ 4,739,363 $ 353,059 $ 5,092,422
MECHANICAL MAINTENANCE FUND $ 3,047,841 $ 212,211 $ 3,260,052
PASSED and ADOPTED this 5th day of September, 1990. ,,e
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MAYOR
Attest by:
1%'d, e ec."2i
City Clerk
Form Approved:
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City At'torne
y
Funding Approved:
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M.nagement and Budget
60, Nee., ead
FLORIDA 3 3 1 3 9
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IMCOR * •°
iORATED
°°`AC A TIONL.4ND (I S. A.
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OFFICE OF THE CITY MANAGER CITY HALL
ROB W.PARKINS 1700 CONVENTION CENTER DRIVE
CITY MANAGER TELEPHONE: 673-7010
COMMISSION MEMORANDUM NO. 1146S-7U
DATE: September 5 , 1990
TO: Mayor Alex Daoud an
Members of the C° Comm°•sio
AlI,
FROM: Rob W. Par ins 1 , 1W
City Maria. r
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r
SUBJECT: A RESOLUT I O A ENDING FISCAL YEAR 1989/90 BUDGETS FOR THE GENERAL
FUND, PARKING ENTERPRISE FUND AND MECHANICAL MAINTENANCE INTERNAL
SERVICE FUND.
The attached resolution provides for amendments to the FY 89/90 budgets of the
General Fund, Parking Enterprise Fund and Mechanical Maintenance Internal Service
Fund as follows:
GENERAL FUND
1. SUPPLEMENTAL PENSION FUND FOR FIREMEN AND POLICEMEN - $451,858
Full funding of required actuarial City contribution to the Supplemental
Pension Plan for Firemen and Policemen requires additional contribution in
the amount of $426,858. Increased appropriation of $229,867 to the Fire
Department budget and $196,991 to the Police department budget; and an
additional appropriation to the administrative budget of $25,000 resulting
from an increase in the amount of actuarial services required. Funding
in the amount of $451,858 available from the unreserved fund balance.
2. RECLASSIFICATION OF SALE OF CITY PROPERTY - $500,000
This is a budget reclassification of revenues resulting from the earlier
than expected sale of the Fisher Island property. The resulting reduction
in sale of City property revenues is offset by a contribution from the
unreserved fund balance in the amount of $500,000 and has no material
effect on the operating budget.
3. ACCUMULATED LEAVE SETTLEMENT - $500,000
Increase in the accumulated leave settlement account to fund leave
balances resulting from an increased number of retirees. Funding in the
amount of $500,000 available from the unreserved fund balance.
4. HEALTH AND LIFE INSURANCE - $254,958 •
Payment in the amount of $254,958 owed to Humana Health Insurance Inc. ,
from the 1987 and 1988 fiscal years. The City had previously withheld
payment pending completion of an audit of the City's health plans. Funding
in the amount of $254,958 is available from the refund received on the
premium stabilization reserves held in the terminated Aetna Group
Insurance policy.
18
AGENDA
ITEM
DATE CI- 5-C10
1989/90 Budget Amendment
AUGUST 20, 1990
Page 2
GENERAL FUND CONT'D
5. OTHER - $37,881
Additional appropriations as follows:
A. Planning and Zoning - $19,764
Additional appropriation to fund increased operating costs, resulting from
departmental reorganization and creation of the Historic Preservation and
Urban Design department during the fiscal year. Funding in the amount of
$19,764 available from the unreserved fund balance.
B. Purchasing and Property Management - $18, 117
Increased appropriation to fund 50 percent of personnel cost for one
position. Funding in the amount of $18, 117 available from increased
management fee charged to the Miami Beach Redevelopment Agency.
7. PARKING ENTERPRISE FUND - $353,059
•
Increased appropriation of $353,059 from retained earnings to fund
additional operating expenses and revenue shortfall .
8. MECHANICAL MAINTENANCE INTERNAL SERVICE FUND - $212,211
Increased appropriation of $212,211 to fund additional operating expenses
and leave balance account resulting from increased number of retirees,
available from retained earnings.
ADMINISTRATION RECOMMENDATION
The Administration recommends that the City Commission adopt the attached
resolution providing for the second amendment to the FY 89/90 budgets for the
General Fund, Parking Enterprise Fund and Mechanical Maintenance Internal Service
Fund.
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19
ORIGINAL
RESOLUTION NO. 90-20083
Providing for amendments to the FY 89/90
Budgets for the General Fund, Parking
Enterprise Fund, and Mechanical Maintenance
Internal Service Fund; making provisions
for: 1) additional funding for supplementa:"_
pension fund for Firemen and Policemen; 2)
reclassification of sale of City property;
3) increasing the accumulate leave settle-
ment account; 4) increasing health and
life insurance account; 5) other increases
to departmental budgets; and providing
for increased revenues to fund additional
appropriations.