Resolution 2023-32836RESOLUTION NO! 2023-32836
A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF
MIAMI BEACH, FLORIDA, ADOPTING THE EIGHTH AMENDMENT TO THE
GENERAL FUND, ENTERPRISE FUNDS, INTERNAL SERVICE FUNDS, AND
SPECIAL REVENUE FUNDS BUDGETS FOR FISCAL YEAR 2023 AS SET
FORTH IN THIS RESOLUTION AND IN THE ATTACHED EXHIBIT "A."
WHEREAS, the budgets for the General Fund, Enterprise Funds, Internal Service Funds,
and Special Revenue Funds for Fiscal Year (FY) 2023 were adopted by the Mayor and City
Commission on September 28, 2022, through Resolution No. 2022-32334; and
WHEREAS, the First Amendment to the General Fund, Enterprise Funds, Internal Service
Funds, and Special Revenue Funds budgets for FY 2023 was adopted by the Mayor and City
Commission on October 26, 2022, through Resolution No. 2022-32382; and
WHEREAS, the Second Amendment to the General Fund, Enterprise Funds, Internal
Service Funds, and Special Revenue Funds budgets for FY 2023 was adopted by the Mayor and
City Commission on November 30, 2022, through Resolution No. 2022-32419; and
WHEREAS, the Third Amendment to the General Fund, Enterprise Funds, Internal
Service Funds, and Special Revenue Funds budgets for FY 2023 was adopted by the Mayor and
City Commission on February 1, 2023, through Resolution No. 2023-32481; and
WHEREAS, the Fourth Amendment to the General Fund, Enterprise Funds, Internal
Service Funds, and Special Revenue Funds budgets for FY 2023 was adopted by the Mayor and
City Commission on February 22, 2023, through Resolution No. 2023-32511; and
WHEREAS, the Fifth Amendment to the General Fund, Enterprise Funds, Internal Service
Funds, and Special Revenue Funds budgets for FY 2023 was adopted by the Mayor and City
Commission on March 27, 2023, through Resolution No. 2023-32546; and
WHEREAS, the Sixth Amendment to the General Fund, Enterprise Funds, Internal
Service Funds, and Special Revenue Funds budgets for FY 2023 was adopted by the Mayor and
City Commission on April 28, 2023, through Resolution No. 2023-32590; and
WHEREAS, the Seventh Amendment to the General Fund, Enterprise Funds, Internal
Service Funds, and Special Revenue Funds budgets for FY 2023 was adopted by the Mayor and
City Commission on June 28, 2023, through Resolution No. 2023-32667; and
WHEREAS, Section 166.241(4)(c), Florida Statutes, requires that a municipality's budget
amendment must be adopted in the same manner as its original budget; and
WHEREAS, the FY 2023 projections as of year-end reflect that the Fire Department is
projected to exceed its current amended FY 2023 budget due to additional personnel services
expenditures associated with the collective bargaining agreements that were finalized during FY
2023; and
WHEREAS, as collective bargaining agreements had been negotiated but not yet
approved when the FY 2023 budget was adopted, it is recommended that funding that was
budgeted in FY 2023 in a centralized account in the General Fund Citywide Accounts budget to
offset the projected impact of the collective bargaining agreements be realigned within the FY
2023 General Fund budget to fund these additional personnel expenditures in the Fire
Department budget; and
WHEREAS, it is also recommended that the FY 2023 General Fund budget be amended
to appropriate approximately $27.4 million of additional General Fund revenues collected in FY
2023 and projected department savings to be transferred to the Capital Pay -As -You -Go (PayGo)
Fund ($19.1 million) and Capital Reserve Fund ($8.3 million) to fund critical renewal and
replacement projects, key existing projects with budget gaps, and provide matching funds for
projects that are eligible for potential grants; and
WHEREAS, pursuant to Resolution No. 2002-24764, when there exists an excess of
General Fund revenues over expenditures, remaining funds after funding the increase in the City's
reserve, should be deposited in the Capital Reserve Fund; and
WHEREAS, the Administration is recommending waiving this policy for FY 2023 since
several initiatives previously approved by the City Commission are recommended to be funded
using year-end FY 2023 surplus and capital transfers were appropriated to both the Capital
PayGo Fund and the Capital Reserve Fund to provide additional flexibility for funding of capital
projects; and
WHEREAS, after accounting for the proposed realignment of funds in the current FY 2023
General Fund and appropriation of additional General Fund revenues collected in FY 2023, the
Administration recommends that the remaining preliminary FY 2023 General Fund surplus be
allocated as set forth in this Resolution; and
WHEREAS, approximately $4.0 million should be set aside for encumbrances from FY
2023 for goods and/or services which had been procured, but not received and expended at year
end that the Administration is recommending be carried forward to the respective FY 2024
operating budgets; and
WHEREAS, there are approximately $8.3 million in projects in the General Fund that were
budgeted in FY 2023 that have not yet been expended or encumbered, and the Administration is
recommending that the foregoing amounts be carried forward and appropriated in the respective
FY 2024 operating budgets; and
WHEREAS, $8.1 million should be set aside to be added to the General Fund reserve to
achieve the City's General Fund reserve target goal of 25%, or 3 months, of $106.9 million based
on the Adopted FY 2024 General Fund budget of $427.6 million; and
WHEREAS, $1.0 million should be set aside for a total of $2.0 million for the Homeless
Trust pursuant to the Memorandum of Understanding (MOU) adopted by the City Commission on
September 13, 2023, through Resolution No. 2023-32780; and
WHEREAS, $125,000 should be set -aside to fund one-time requests approved by the City
Commission through Resolution No. 2023-32830 that are recommended by the Administration to
be funded from FY 2023 surplus and budgeted in the FY 2024 General Fund budget; and
WHEREAS, the preliminary FY 2023 Resort Tax projections as of year-end reflect
additional revenues collected above what was budgeted for FY 2023, of which approximately $8.9
million is proposed to be appropriated in FY 2023; and
2
WHEREAS, after accounting for the proposed appropriation of additional Resort Tax
revenues collected in FY 2023, the remaining projected FY 2023 Resort Tax operating surplus is
recommended to be allocated as set forth in this Resolution; and
WHEREAS, $559,800 should be set aside for encumbrances from FY 2023 for goods
and/or services which had been procured, but not received and expended at year end that the
Administration is recommending be carried forward to the respective FY 2024 operating budgets;
and
WHEREAS, there are $449,200 in projects in the Resort Tax Fund that were budgeted in
FY 2023 that have not yet been expended or encumbered, and the Administration is
recommending that the foregoing amounts be carried forward and spent in the respective FY 2024
operating budgets; and
WHEREAS, $2.3 million should be set aside to be added to the Resort Tax reserve to
achieve the City's 2% Resort Tax reserve target goal of 50%, or 6 months, of $40.1 million based
on the Adopted FY 2024 2% Resort Tax budget of $80.2 million; and
WHEREAS, $500,000 should be set -aside to fund one-time enhancements approved by
the City Commission to be funded from FY 2023 Resort Tax surplus as part of the Adopted FY
2024 Resort Tax budget; and
WHEREAS, $79,000 should be set -aside to fund one-time requests recommended by the
Finance and Economic Resiliency Committee (FERC) at its October 16, 2023 meeting that are
recommended by the Administration to be funded from FY 2023 Resort Tax surplus and budgeted
in the FY 2024 Resort Tax budget; and
WHEREAS, this proposed budget amendment appropriates additional funding from a
combination of available fund balance and additional revenues collected in FY 2023 in the
Convention Center and Sanitation Enterprise Funds of $6.0 million and $741,000, respectively,
as well as $4.3 million in the Risk Management Internal Services Fund and $426,000 in the
Property Management Internal Services Fund for additional expenditures projected that were not
budgeted and/or FY 2023 to FY 2024 carryforward requests recommended by the Administration;
and
WHEREAS, there are a total of $3.8 million of encumbrances in the Enterprise Funds,
$4.6 million of Internal Services Fund encumbrances, and $2.0 million of Special Revenue Funds
encumbrances (not including Resort Tax) from FY 2023 for goods or services that were procured
in FY 2023, but not yet received and expended, which the Administration recommends be carried
over to the respective FY 2024 operating budgets; and
WHEREAS, there are appropriations of approximately $5.1 million in the Enterprise
Funds, $2.2 million in the Internal Services Funds, and $5.5 million in the Special Revenue Funds
(not including Resort Tax) recommended by the Administration to be carried forward into FY 2024
for projects originally budgeted in FY 2023 that have not been completed; and
WHEREAS, this proposed budget amendment appropriates additional funding in the
Biscayne Beach and 5th & Alton Garage Special Revenue Funds of $3,000 and $83,000,
respectively, for unforeseen expenditures incurred during FY 2023 that were not budgeted from
a combination of available fund balance in each respective fund or contributions from other funds,
if necessary; and
3
WHEREAS, this budget amendment also appropriates $673,000 in the People's
Transportation Plan (PTP) Special Revenue Fund and $96,000 in the E-911 Special Revenue
Fund in FY 2023 based on additional revenues collected that are proposed by the Administration
to be utilized to fund additional allowable costs associated with the operations of the Fire
Department's E-911 call center and the City's citywide trolley operations; and
WHEREAS, to conclude, this budget amendment appropriates $419,000 of short-term
rental violations revenues collected to date to reimburse the City's Risk Management Fund for
settlement payments and legal fees that were incurred that were associated with the Conti v. City
of Miami Beach settlement agreement approved by the City Commission through Resolution No.
2022-32092.
NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY
COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that, following a duly noticed public
hearing on November 28, 2023, the Mayor and City Commission hereby adopt the Eighth
Amendment to the FY 2023 General Fund, Enterprise Funds, Internal Services Funds, and
Special Revenue Funds budgets as set forth in this Resolution and in the attached Exhibit "A."
PASSED and ADOPTED this Al? day of A10Ve1W'0V"' , 2023.
ATTEST:
NOY 2 8 2023
I/
Rafael E. Grana o, City Clerk
FiCORP,y
Dan Gelber, Mayor
APPROVED AS TO
FORM & LANGUAGE
& FOR EXECUTION
11-17- 23
City Attorney o� Z ,'Date
4
Exhibit "A"
FY 2023
8thBudget
FY 2023
GENERALFUND
Amended Budget
Amendment
Revised Budget
REVENUES
Operating Revenues
Ad Valorem Taxes
$
220,605,000
$ 220,605,000
Ad Valorem- Capital Renewal & Repl.
$
1,944,000
$ 1,944,000
Ad Valorem- Pay -As -You -Capital
$
3,974,000
$ 3,974,000
Ad Valorem- Normandy Shores
$
282,000
$ 282,000
OtherTaxes
$
26,660,000
2,500,000
$ 29,160,000
Licenses and Permits
$
18,843,000
4,000,000
$ 22,843,000
Intergovernmental
$
14,225,000
$ 14,225,000
Charges for Services
$
15,681,000
2,000,000
$ 17,681,000
Fines & Forfeits
$
1,264,000
75Q000
$ 2,014,000
Interest Earnings
$
5,577,000
3,000,000
$ 8,577,000
Rents & Leases
$
7,067,000
750,000
$ 7,817,000
Miscellaneous
$
15,753,000
6,000,000
$ 21,753,000
Resort Tax Contribution
$
39,227,000
5,720,000
$ 44,947,000
Other Non -Operating Revenue
$
13,905,000
$ 13,905,000
Use of General Fund Reserves/PriorYearSurplus
$
16,239,000
$ 16,239,000
Total General Fund
$
401,246,000
24,720,000
$ 425,966,000
FY 2023
8th Budget
FY 2023
Amended Budget
Amendment Revised Budget
APPROPRIATIONS
Department
Mayor and Commission
$
2,809,000
$
2,809,000
City Manager
$
4,290,000
$
4,290,000
Marketing and Communications
$
2,983,000
$
2,983,000
Office of Management and Budget
$
1,678,000
$
1,678,000
Org. Dev Performance Initiatives
$
3,356,000
$
3,356,000
Finance
$
8,042,000
$
8,042,000
Procurement
$
3,101,000
$
3,101,000
Human Resources/Labor Relations
$
3,124,000
$
3,124,000
City Clerk
$
2,081,000
$
2,081,000
City Attorney
$
7,654,000
(500,000) $
7,154,000
Housing& Community Services
$
6,148,000
(500,000) $
5,648,000
Planning
$
6,074,000
$
6,074,000
Environment & Sustainability
$
2,386,000
$
2,386,000
Tourism and Culture
$
3,661,000
$
3,661,000
Economic Development
$
2,993,000
$
2,993,000
Code Compliance
$
6,886,000
$
6,886,000
Parks & Recreation (incl. Golf Courses)
$
44,067,000
(500,000) $
43,567,000
Property Management General Fund
$
3,848,000
$
3,848,000
Public Works
$
17,021,000
(500,000) $
16,521,000
Capital Improvement Projects
$
6,003,000
$
6,003,000
Police
$
133,588,000
(683,000) $
132,905,000
Fire
$
102,036,000
3,741,000 $
105,777,000
Citywide (incl. Operating Contingency)
$
19,817,000
(3,741,000) $
16,076,000
Subtotal General Fund
$
393,646,000
(2,683,000) $
390,963,000
TRANSFERS
Normandy Shores
$
282,000
$ 282,000
Pay -As -You -Go Capital Fund
$
3,974,000
19,096,000
$ 23,070,000
Info& Comm Technology Fund
$
300,000
$ 300,000
Capital Reserve Fund
$
1,100,000
8,307,000
$ 9,407,000
Capital Renewal & Replacement
$
1,944,000
$ 1,944,000
Subtotal Transfers
$
7,600,000
27,403,000
$ 35,003,000
Total General Fund
$
401,246,000
24,720,000
$ 425,966,000
Exhibit "A"
ENTERPRISE FUNDS
REVENUE/APPROPRIATIONS
Building
Convention Center
Water
Sewer
Stormwater
Sanitation
Parking
Total Enterprise Funds
INTERNALSERVICE FUNDS
REV EN U E/APPROPRIATION S
Information Technology
Risk Management
Central Services
Office of Inspector General
Property Management
Fleet Management
Medical and Dental Insurance
Total Internal Service Funds
SPECIALREVENUE FUNDS
REVENUE/APPROPRIATIONS
Education Compact
ITTechnology Fund
Residential Housing
Sustainability
Tree Preservation Fund
Commemorative Tree Trust Fund
ResortTax
Tourism and Hospitality Scholarships
Cultural Arts Council
Waste Haulers
Normandy Shores
Biscayne Point Special Taxing District
Allison Island Special Taxing District
Biscayne Beach Special Taxing District
5th & Alton Garage
7th Street Garage
Transportation Fund
People's Transportation Plan
Police Confiscation Fund - Federal
Police Confiscation Fund - State
Police Unclaimed Property
Police Crash Report Sales
Police Training Fund
Red Ught Camera Fund
E-911 Fund
Art in Public Places (AIPP)
Beachfront Concession Initiatives
Beach Renourishment
Resiliency Fund
Sustainability and Resiliency
Biscayne Bay Protection Trust Fund
Adopt -A -Bench Program
Miami City Ballet
ShortTerm Rental Violations
Total Special Revenue Funds
FY 2023
Sth Budget
FY 2023
Amended Budget
Amendment
Revised Budget
$ 18,090,000
$ 1810901000
$ 29,607,000
5,977,000
$ 35,584,000
$ 39,932,000
$ 39,932,000
$ 59,180,000
$ 59,180,000
$ 36,03Q000
$ 36,03Q000
$ 24,821,000
741,000
$ 25,562,000
$ 47,458,000
$ 47,458,000
$ 255,118,000
6,718,000
$ 261,836,000
FY 2023
8th Budget
FY 2023
Amended Budget
Amendment
Revised Budget
$ 20,694,000
$ 20,694,000
$ 26,162,000
4,310,000
$ 30,472,000
$ 1,064,000
$ 1,064,000
$ 2,180,000
$ 2,180,000
$ 12,849,000
426,000
$ 13,275,000
$ 24,928,000
$ 24,928,000
$ 46,159,000
$ 46,159,000
$ 134,036,000
4,736,000
$ 138,772,000
FY 2023
Sth Budget
FY 2023
Amended Budget
Amendment
Revised Budget
$ 155,000
$ 155,000
$ 582,000
$ 582,0W
$ 1,129,000
$ 1,129,000
$ 1,082,000
$ 1,082,000
$ 282,000
$ 282,000
$ 4,000
$ 4,000
$ 111,313,000
8,937,000
$ 120,250,000
$ 81,000
$ 81,000
$ 2,990,000
$ 2,990,000
$ 109,000
$ 109,000
$ 282,000
$ 282,000
$ 230,000
$ 230,000
$ 244,000
$ 244,000
$ 234,000
3,000
$ 237,000
$ 844,000
83,000
$ 927,000
$ 3,213,000
$ 3,213,000
$ 14,294,000
$ 14,294,000
$ 4,227,000
673,000
$ 4,900,000
$ 90,000
$ 90,0D0
$ 66,000
$ 66,DW
$ 15,000
$ 15,000
$ 116,000
$ 116,000
$ 67,000
$ 67,000
$ 1,216,000
$ 1,216,000
$ 767,000
96,000
$ 863,000
$ 202,000
$ 202,000
$ 116,000
$ 116,000
$ 1,564,000
$ 1,564,000
$ 1,974,000
$ 1,974,000
$ 194,000
$ 194,000
$ 6,000
$ 6,000
$ 20,000
$ 20,000
$ 234,000
$ 234,000
$ -
419,000
$ 419,000
$ 147.942,000
10,211,000
$ 158,153,000
Resolutions - R7 B
MIAMI BEACH
COMMISSION MEMORANDUM
TO: Honorable Mayor and Members of the City Commission
FROM: Alina T. Hudak, City Manager
DATE: November 28,2023
10:01 a.m. Public Hearing
SUBJECT: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY
OF MIAMI BEACH, FLORIDA, ADOPTING THE EIGHTH AMENDMENT TO
THE GENERAL FUND, ENTERPRISE FUNDS, INTERNAL SERVICE
FUNDS, AND SPECIAL REVENUE FUNDS BUDGETS FOR FISCAL YEAR
2023 AS SET FORTH IN THIS RESOLUTION AND IN THE ATTACHED
EXHIBIT "A"
RECOMMENDATION
See attached memorandum.
SUPPORTING SURVEY DATA
See attached memorandum.
FINANCIAL INFORMATION
See attached memorandum.
Applicable Area
Citywide
Is this a "Residents Right
to Know" item, pursuant to
City Code Section 2-14?
Yes
Does this item utilize G.O.
Bond Funds?
Strategic Connection
Organizational Innovation- Ensure strong fiscal stewardship.
Legislative Tracking
Office of Management and Budget
ATTACHMENTS:
Description
o Memo - FY 2023 8th Operating Budget Amendment
Page 29 of 135
Resolution
Page 30 of 135
MIAMI BEACH
City of Miami Beach, 1700 Convention Center Drive, Miami Beach, Florida 33139, www.miamibeachfi.gov
COMMISSION MEMORANDUM
TO: Honorable Mayor Dan Gelber and Members of the City Commission
FROM: Alina T. Hudak, City Manager
DATE: November 28, 2023
SUBJECT: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI
BEACH, FLORIDA, ADOPTING THE EIGHTH AMENDMENT TO THE GENERAL
FUND, ENTERPRISE FUNDS, INTERNAL SERVICE FUNDS, AND SPECIAL
REVENUE FUNDS BUDGETS FOR FISCAL YEAR 2023 AS SET FORTH IN THIS
RESOLUTION AND IN THE ATTACHED EXHIBIT "A."
ADMINISTRATION RECOMMENDATION
Adopt the Resolution.
STRATEGIC PLAN SUPPORTED
Organizational Innovation — Ensure strong fiscal stewardship
BACKGROUND
Section 166.241(4), Florida Statutes, mandates that the City has 60 days following the end of the
fiscal year to amend a budget for that year., Further, Section 166.241.(4)(c), Florida Statutes,
requires that a municipality's budget amendment must be adopted in the same manner as its
original budget.
The budgets for the General Fund, Enterprise Funds, Internal Service Funds, and Special
Revenue Funds for Fiscal Year 2023 were adopted by the Mayor and City Commission on
September 28, 2022, through Resolution No. 2022-32334.
The First Amendment to the General Fund, Enterprise Funds, Internal Service Funds, and Special
Revenue Funds budgets for FY 2023 was adopted by the Mayor and City Commission on October
26, 2022, through Resolution No. 2022-32382.
The Second Amendment to the General Fund, Enterprise Funds, Internal Service Funds, and
Special Revenue Funds budgets for FY 2023 was adopted by the Mayor and City Commission
on November 30, 2022, through Resolution No. 2022-32419.
The Third Amendment to the General Fund, Enterprise Funds, Internal Service Funds, and
Special Revenue Funds budgets for FY 2023 was adopted by the Mayor and City Commission
on February 1, 2023, through Resolution No. 2023-32481.
The Fourth Amendment to the General Fund, Enterprise Funds, Internal Service Funds, and
Special Revenue Funds budgets for FY 2023 was adopted by the Mayor and City Commission
Page 31 of 135
Eighth Amendment to the FY 2023 General Fund, Enterprise, Internal Service, and Special Revenue Funds Budgets
Page 2
on February 22, 2023, through Resolution No. 2023-32511.
The Fifth Amendment to the General Fund, Enterprise Funds, Internal Service Funds, and Special
Revenue Funds budgets for FY 2023 was adopted by the Mayor and City Commission on March
27, 2023, through Resolution No. 2023-32546.
The Sixth Amendment to the General Fund, Enterprise Funds, Internal Service Funds, and
Special Revenue Funds budgets for FY 2023 was adopted by the Mayor and City Commission
on April 28, 2023, through Resolution No. 2023-32590.
The Seventh Amendment to the General Fund, Enterprise Funds, Internal Service Funds, and
Special Revenue Funds budgets for FY 2023 was adopted by the Mayor and City Commission
on June 28, 2023, through Resolution No. 2023-32667.
GENERAL FUND ANALYSIS
The year-end analysis for FY 2023 reflects that the General Fund has a preliminary operating
surplus of approximately $43.2 million.
BudgetFY 2023
General Fund
Adopted Budget
Amended Budget
Projected
Difference
% Over / (Under)
Revenues
Expenditures
$ 382,618,000
$ 382,618,000
$ 401,246,000
$ 401,246,000
$ 421,985,000
$ 378,753,000
$ 20,739,000
$ (22,493,000)
5.2%
-5.6%
Excess of Revenues Over/(Under) Expendituresl
$ 43,232,000
Of the preliminary FY 2023 General Fund surplus of $43.2 million, the Administration is
recommending that approximately $4.0 million be carried forward into FY 2024 to fund goods
and/or services that were procured in FY 2023, but not received and/or rendered due to timing
issues between fiscal years.
Similarly, the Administration is recommending that approximately $8.3 million be carried forward
into FY 2024 for General Fund projects that were originally budgeted in FY 2023, but not
completed.
After accounting for the FY 2023 to FY 2024 General Fund carryforwards recommended, the
Administration is recommending that the remaining preliminary FY 2023 General Fund surplus of
$30.9 million be set -aside and/or appropriated in FY 2023 as follows:
Set aside $8.1 million to fully fund the City's General Fund reserve goal of 25%, or 3
months, based on the Adopted FY 2024 General Fund Budget of $427.6 million (this is in
addition to the $3.1 million set aside that was included in the Adopted FY 2024 General
Fund budget) pursuant to the City's General Fund reserve policy adopted by the City
Commission through Resolution No. 2019-30954
Appropriate and transfer $5.1 million to the Capital Pay -As -You -Go (PayGo) Fund for FY
2024 capital projects, as previously approved pursuant to the Adopted FY 2024 Capital
budget that was adopted by the City Commission through Resolution No. 2023-32788 (the
remaining $5.7 million portion of the total $10.8 million that was approved as part of the
Adopted FY 2024 Capital budget from FY 2023 surplus is further detailed in the Resort
Tax analysis below)
Set aside an additional $1.0 million for a total of $2.0 million for the Homeless Trust
pursuant to the Memorandum of Understanding (MOU) that was adopted by the City
Page 32 of 135
Eighth Amendment to the FY 2023 General Fund, Enterprise, Internal Service, and Special Revenue Funds Budgets
Page 3
Commission through Resolution No. 2023-32780
Set aside $115,000 to be appropriated in FY 2024 as a donation to the American Friends
of Magen David Adom, Inc., a not -for -profit, 501(c)(3) organization for the purchase of an
ambulance to be used by Magen David Adorn in Israel pursuant to Resolution No. 2023-
32830 adopted by the City Commission
Set aside $10,000 to be appropriated in FY 2024 as a donation to Americans for Ben-
Gurion University, Inc., a not -for -profit, 501(c)(3), to support the well-being of the students,
faculty, and staff at Ben-Gurion University of the Negev pursuant to Resolution No. 2023-
32830 adopted by the City Commission
As summarized in the table below, after accounting for the recommended General Fund
carryforward encumbrances and appropriations from FY 2023 to FY 2024 and additional set -
asides and/or appropriations listed above, the remaining preliminary FY 2023 surplus in the
General Fund is approximately $16.6 million. The Administration recommends the transfer of 50%
of the remaining funds to the Capital PayGo Fund and 50% to the Capital Reserve Fund, in order
to fund critical capital projects with funding gaps.
FY 2023 General Fund
Projected General Fund Year -End Surplus/(Gap)
$
$43,232,000
Recommended FY 2023 to FY 2024 Encumbered Carryforwards
(4,028,600)
Recommended FY 2023 to FY 2024 Unencumbered Carryforwards
(8,265,400)
Surplus/(Gap) Net of Carryforward Requests Recommended
$30,938,000
Set aside to fully fund Gen Fund reserves at 25%q, or 3 months
(8,130,000)
FY 2023 Surplus Approved for FY 2024 Capital Projects
(5,068,000)
Additional Homeless Trust Contribution for Total Allocation of $2.0 million
(1,000,000)
Magen David Adorn (MAD) Donation (Reso 2023-32830)
(115,000)
Americans for Ben-Gurion University, Inc. Donation (Reso 2023-32830)
(10,000)
Net Remaining Surplus/(Gap) for Capital Projects
$16,615,000
Transfer to Capital PayGo Fund
(8,308,000)
Transfer to Capital Reserve Fund
(8,307,000)
Net Remaining Surplus/(Gap)
$0
PROPOSED GENERAL FUND AMENDMENTS
Consistent with the third quarter projections, the Preliminary FY 2023 year-end expenditures
reveal that all General Fund departments, except for those further detailed below, are projected
to have savings at year-end that may be realigned .to address any department overages. In
addition, based on the projected FY 2023 General Fund surplus and the Administration's
recommendations on allocating the preliminary FY 2023 General Fund surplus, the following
amendments are being proposed for the FY 2023 General Fund budget.
For a detail of General Fund expenditures by department, refer to the attached Exhibit A.
Page 33 of 135
Eighth Amendment to the FY 2023 General Fund, Enterprise, Internal Service, and Special Revenue Funds Budgets
Page 4
Operations
Preliminary FY 2023 year-end expenditures reveal that the following General Fund departments
are projected to exceed their FY 2023 amended budgets.
Fire — As noted in the analyses that were prepared quarterly by the Administration and
distributed via Letters to Commission during FY 2023, the Fire department is projected to
exceed its current amended FY 2023 budget by approximately 3.7%, or $3.7 million, resulting
from additional personnel services expenditures associated with the collective bargaining
agreements that were finalized after the adoption of the FY 2023 budget. While the
department is projected to exceed its current amended budget, funding totaling approximately
$51 million was budgeted in a centralized account within the Citywide Accounts budget of the
General Fund to offset the projected impact of the collective bargaining agreements since
approval of the agreements was pending at the time that the FY 2023 budgets were adopted
by the City Commission. As a result, this proposed amendment for FY 2023 is to realign
approximately $3.7 million of the $5.7 million that was budgeted in the Citywide Accounts
budget of the General Fund for FY 2023 to the Fire Department's General Fund budget for
the additional personnel services expenditures that were incurred as a result of the collective
bargaining agreements that were finalized and approved by the City Commission during FY
2023.
Caoital Transfers
As part of the development of the FY 2024 budgets, the Administration's approach for the FY
2024 Capital budget was to fund all critical renewal and replacement projects, as many key
existing projects with budget gaps, and allocate matching funds for projects that were eligible for
potential grants'.
The City Commission approved the transfer of approximately $10.8 million of FY 2023 surplus
funds in the General Fund and Resort Tax (through the General Fund) to the Capital PayGo Fund
for several projects. As a result, this proposed budget amendment is to appropriate $10.8 million
in the FY 2023 General Fund budget from FY 2023 General Fund and Resort Tax surplus (through
the General Fund) to be transferred to the Capital PayGo Fund as approved in the Adopted FY
2024 Capital budget through Resolution No. 2023-32788.
In addition, based on the Administration's recommendations above to allocate the remaining
preliminary FY 2023 General Fund surplus, this proposed budget amendment also appropriates
$16.6 million in the FY 2023 General Fund budget to be divided and 50% be transferred to the
Capital PayGo Fund and 50% transferred to the Capital Reserve Fund.
RESORT TAX FUND '
Overall, preliminary FY 2023 Resort Tax revenues are projected to be approximately $9.3 million,
or 8.3%, above the current amended FY 2023 Resort Tax budget, while Resort Tax expenditures
are projected to be approximately $274,000, or 0.2%, below the current amended FY 2023 Resort
Tax budget, resulting in a preliminary surplus of $9.6 million for FY 2023.
Page 34 of 135
Eighth Amendment to the FY 2023 General Fund, Enterprise, Internal Service, and Special Revenue Funds Budgets
Page 5
FY 2023
FY 2023
Preliminary
% Actual of
Overl(Under)
% Over/(Under)
Adopted
Amended
Aetuals as of
Amended
Amended
Amended
Budget
Budget
09/30123
Budget
Budget
Budget
Revenues
2% Resort Tax
$ 71,499,000
$ 71,499,000
$ 72,914,316
102.0%1$7.!�.'9.1,000
$ 5,142,000
7.2%
Mscellaneous Revenues
251,000
251,000
1,919,299
764.7%18,000
1,667,000
664.1%
Fund Balance/Retained Earnings/PY Surplus
3,955,000
4,819,000
0
0.0%4819,000
0
0.0%
1%Resort Tax(QOQ
17,372,000
17,372,000
17,432,046
100.3%
18.6121,000
1,240,000
7.1%
Additional i% Resort Tax for Convention Center
17,372,000
17,372,000
17,432046
100.3%
18,612,000
1,240,000
7.1%
Total Revenues
$ 110,449,000
$ 111,313,000
$ 109,697,706
98.6%
$ 120,602,000
$ 9,289,000
8.3%
Expenditures
General Fund Contribution
$ 39,227,000
$ 39,227,000
$ 39,227,000
100.0%
$ 39,227,000
$ -
0.0%
Sanitation Fund Contribution
3,969,000
3,969,000
3,969,000
100.0%
3,969,000
0
0.0%
Contribution to GMCVB
8,864,000
8,864,000
7,354,840
83.0%
9,355,000
491,000
5.5 %
Contribution to VCA
3.433,000
3,433,000
3,471,488
101.1%
3,679,000
246,000
7.2%
Contribution to Mt. Sinai
1,000,000
1,000,000
1,000,000
100.0%
1,000,000
0
0.0%
Other Operating/Other Uses
19,002,000
19,740,700
15,572,852
78.9%
16,464,000
(3,276,700)
-16.6%
Marketing
210,000
335,300
99,843
29.8%
121,000
Transfer to NB, MB, SB Capital, Transp, and As (QOQ
17,372,000
17,372,000
17,432,046
100.3 %
18,612,000
1,240,000
7.1%
Addt'I 1 % Conv. Center Debt Service & Cap. Ren & Re I.
17,372,000
17,372.000
11,415 417
65.7 %
18,612,009
1,240,000
7.1%
Total Expenditures
$ 110,449,000
$ 111,'13,000
$ 99:542:486
89.4%
$ 111,29,000
$ (274,000)
-0.2%
Excess of Revenues Over/(Under) Expenditures
$
Is
$ 10,166,221
1 9.1%
$ 91663,000
$ 9,563,000
Similar to the General Fund, the Administration is recommending that $559,800 be carried forward
into FY 2024 to fund goods and/or services that were procured in FY 2023, but not received and/or
rendered due to timing issues between fiscal years.
The Administration is also recommending that $449,200 be carried forward into FY 2024 for
Resort Tax projects that were originally budgeted in FY 2023, but not completed.
After accounting for the recommended Resort Tax carryforwards above, the remaining preliminary
FY 2023 Resort Tax surplus is approximately $8.6 million, which the Administration is
recommending be set aside and/or appropriated in FY 2023 as follows:
• Appropriate and transfer $5.7 million to the General Fund for tourism -eligible expenditures
in the General Fund.
• Set aside $2.3 million to fully fund the City's 2% Resort Tax reserves at 50%, or 6 months,
based on the Adopted FY 2024 2% Resort Tax Budget of $80.2 million pursuant to the
City's Resort Tax reserve policy adopted by the City Commission through Resolution No.
2019-30664.
• Set aside $500,000 for several one-time enhancements approved as part of the Adopted
FY 2024 Resort Tax budget adopted by the City Commission through Resolution No.
2023-32785.
• Set aside $78,624.98 (rounded up to $79,000 for budget purposes) to be appropriated in
the FY 2024 Resort Tax budget to fund the purchase and installation of outdoor musical
instrument fixtures as part of the Freenotes Harmony Park ($48,980.63) and purchase
and installation of a "Lincoln Road" welcome sign ($29,644.35) based on the
recommendation of the Finance and Economic Resiliency Committee at its October 16,
2023 meeting.
Page 35 of 135
Eighth Amendment to the FY 2023 General Fund, Enterprise, Internal Service, and Special Revenue Funds Budgets
Page 6
FY 2023 Resort
Projected Resort Tax Year -End Surplus/(Gap)
$9,563,000 .
Recommended FY 2023 to FY 2024 Encumbered Carryforwards
(559,800)
Recommended FY 2023 to FY 2024 Unencumbered Carryforwards
(449,200)
Surplus/(Gap) Net of Carryforward Requests Recommended
$8,554,000
FY 2023 Surplus Approvedfor FY 2024 Capital Projects
(5,720,000)
Set aside to fully fund 2% Resort Tax reserves at 50%, or 6 months
(2,255,000)
One -Time Enhancements Approved in FY 2024 Resort Tax Budget
(500,000)
Outdoor Musical Fixtures and Welcome Sign on Lincoln Road
(79,000)
Net Remaining Surplus/(Gap)
$0
PROPOSED RESORT TAX FUND AMENDMENTS
Based on the preliminary FY 2023 year-end Resort Tax revenues and expenditures, the following
budget amendments are proposed:
Appropriate $737,000 of additional 2% Resort Tax revenues collected in FY 2023 for an
increase in the contractually required contributions to the Miami Beach Visitor and
Convention Authority (VCA) and Greater Miami Convention & Visitors Bureau (GMCVB)
of $246,000 and $491,000, respectively, since the contributions to both the VCA and
GMCVB are based on a percentage of two percent Resort Tax collections that are
projected to exceed the current amended budget for FY 2023.
Appropriate approximately $1.2 million of 1% Resort Tax (Quality of Life) revenues
collected, which are to be allocated and transferred, as adopted by Resolution No. 2018-
30512 and continuing in future fiscal years unless otherwise amended by the City
Commission, as follows: 60% allocated for Transportation initiatives in tourist -related
areas; 10% allocated equally among North Beach, Middle Beach and South Beach for
capital projects that enhance Miami Beach's tourist related areas; and 10% allocated to
various arts and cultural programs.
Appropriate approximately $1.2 million of additional 1 % Resort Tax (Convention Center)
revenues collected, which are to be allocated solely for the purposes of expanding,
enlarging, renovating, and/or improving the Miami Beach Convention Center, including
debt service related thereto, and any excess proceeds allocated and transferred to provide
Capital Renewal and Replacement funding for the Miami Beach Convention Center.
Appropriate approximately $5.7 million of additional 2% Resort Tax revenues collected in
FY 2023 to be transferred to the General Fund for tourism -eligible expenditures in the
General Fund.
ENTERPRISE, INTERNAL SERVICE, AND SPECIAL REVENUE FUNDS ANALYSIS
The City accounts for those goods and services provided by a department to external users for
which a fee is charged as Enterprise Funds. The City's Sanitation, Sewer, Storm Water, Water,
Parking, Convention Center, and Building operations comprise this category of Proprietary Funds.
Page 36 of 135
Eighth Amendment to the FY 2023 General Fund, Enterprise, Internal Service, and Special Revenue Funds Budgets
Page 7
Similarly, the City accounts for goods and services provided by one department to other
departments citywide on a cost reimbursement basis as Internal Service Funds. Central Services,
Fleet Management, Information Technology, Property Management, Risk Management (Self
Insurance), Inspector General, and Medical and Dental comprise this category of Proprietary
Funds.
Special Revenue Funds consist of revenues and expenditures which are legally restricted or
committed for specific purposes, other than debt service and/or capital projects. Special Revenue
Funds include Resort Tax, as well as Transportation and People's Transportation Plan (PTP)
Fund operations, 71h Street Garage operations, 5th & Alton Garage operations, the Tourism and
Hospitality Scholarship Program, Information and Communications Technology Fund, Education
Compact Fund, Franchise Waste Haulers and Sustainability Contributions, the Residential
Housing Program, Red Light Camera Program'operations, Emergency 911 Fund, Miami Beach
Cultural Arts Council, Normandy Shores and the City's three Security Guard Special Taxing
Districts (Biscayne Point, Biscayne Beach, and Allison Island), Miami City Ballet, Art in Public
Places (AiPP) operations, Tree Preservation and Commemorative Tree Trust Fund, Beachfront
Concession Initiatives Program, Beach Renourishment, Resiliency, Sustainability and Resiliency,
and Biscayne Bay Protection Trust Funds, Police Unclaimed Property and Crash Report Sales
Funds, Police Confiscation Trust Funds (Federal and State), Police Training and School
Resources Fund, and the Adopt -a -Bench and Brick Paver Programs.
All Enterprise, Internal Services, and Special Revenue Funds budgets are projected to be at or
below their current FY 2023 amended budgets as of year-end, except for specific Enterprise,
Internal Services, and Special Revenue Funds, which have been detailed further in the following
section and proposed to be amended as part of this item.
The preliminary year-end analysis for FY 2023 shows that there are approximately $3.8 million of
encumbrances in the Enterprise Funds, $4.6 million of Internal Services Funds encumbrances,
and $2.0 million of Special Revenue Funds encumbrances (not including Resort Tax) for FY 2023
goods and/or services that were procured, but not received, that are recommended to be carried
forward into the respective FY 2024 operating budgets.
Similarly, it is recommended that appropriations of approximately $5.1 million in the Enterprise
Funds, $2.2 million in the Internal Services Funds, and $5.5 million in the Special Revenue Funds
(not including Resort Tax) be carried forward into FY 2024 for projects originally budgeted in FY
2023 that have not been completed.
PROPOSED AMENDMENTS TO THE ENTERPRISE, INTERNAL SERVICES, AND SPECIAL
REVENUE FUNDS
Enterprise Funds
Convention Center — Consistent with the third quarter projections, the Convention Center
Fund budget is projected to exceed its current FY 2023 amended budget by approximately
$6.0 million, or 20.2%, due to an increase in the number of events held this fiscal year at the
Convention Center, which was 74 compared to the 44 events that were anticipated for FY
2023 when the budget was developed last year. Although expenditures are projected to
exceed the current amended budget, projected revenues are projected to exceed budgeted
revenues by $19.1 million, resulting in a preliminary surplus of approximately $13.1 million,
which will be available to be set aside for renewal and replacement of Convention Center
assets and/or future operating and other expenditure obligations. This surplus is primarily
Page 37 of 135
Eighth Amendment to the FY 2023 General Fund, Enterprise, Internal Service, and Special Revenue Funds Budgets
Page 8
attributed to the Convention Development Tax (CDT) bonus of $14.5 million anticipated to be
received by the City for FY 2023 based on increased Convention Development Tax receipts
collected by Miami -Dade County in the current fiscal year from which a portion is remitted to
the City in accordance with the Amended Interlocal Cooperation Agreement that was
approved by the City Commission on November 19, 2014 through Resolution No. 2014-
28836. This proposed amendment is to, therefore, appropriate the additional revenues
projected for FY 2023 to fund the additional expenditures incurred as a result of the additional
events that were held during FY 2023.
Convention
Center
FY 2023
FY 2023
Projected vs
Amended Budget
Projected
Amended
% Over / (Under)
Budget Variance
Revenues
$ 29,607,000
$ 48,663,000
$ 19,056,000
64.4%
Expenditures
$ 29,607,000
$ 35,584,000
$ 5,977,000
20.2%
Surplus/(Shortfall)
$ 0
$ 13,079,000
$ 13,079,000
Sanitation — Although the Sanitation Fund budget is not projected to exceed the current
amended budget for FY 2023, the projected savings in the Sanitation Fund's operating budget
is mainly attributed to delays in the receipt of vehicles and equipment due to ongoing supply
chain issues that were scheduled for replacement in FY 2023. A portion of these funds were
realigned during FY 2023 to provide increased levels of sanitation and cleaning services
throughout the City, including those provided to the Parking Department that were not
budgeted for in FY 2023. As a result, this proposed amendment is to appropriate a
combination of additional revenues collected by Sanitation in FY 2023 and Sanitation fund
balance totaling $741,000 in order to replenish the funding that was realigned during FY 2023
so that the vehicles and equipment that were budgeted in FY 2023 for Sanitation remain fully
funded although they are not anticipated to be received in FY 2023.
Sanitation
FY 2023 FY 2023
Projected vsAmended
Amended Budget Projected
%Over / (Under)
Budget Variance
Revenues
$ 24,821,000
$ 25,695,000
$ 874,000
3.5%
Expenditures
$ 24,821,000
$ 24,473,000
$ (348,000)
-1.4%
Surplus/(Shortfall)
1.$ 0
$ 1,222,000
$ 1,222,000
Internal Service Funds
Risk Management — As noted in the third quarter projections, the City's actuary has advised
that the Risk Management Fund is projected to be approximately $4.3 million, or 16.5%, above
the current amended budget primarily due to unforeseen increases in claims incurred but not
reported (IBNR) and case reserves that are trending higher than were originally budgeted for
in FY 2023 based on the most recent actuarial forecasts. This material change in the City's
tort liability exposure in the current year may be largely due to the impacts of HB 837, the
comprehensive Tort Reform bill that Governor DeSantis signed into law and which took effect
earlier this year. Specifically, just before the law went into effect, the City experienced a large
wave of new tort cases filed against the City, including, without limitation, a wrongful death
action. This extraordinary, one-time surge in case filings was consistent with the statewide
increase in tort case filings by plaintiffs seeking to avoid the application of the new law before
it went into effect. As a result, this proposed amendment is to appropriate available Risk
Page 38 of 135
Eighth Amendment to the FY 2023 General Fund, Enterprise, Internal Service, and Special Revenue Funds Budgets
Page 9
Management fund balance to offset the increase in claims experience and case reserves
recorded for FY 2023.
.-
FY,2023
FY 2023
Projected vs
Amended Budget
Projected
Amended
% Over / (Under)
Budget Variance
Revenues
$ 26,162,000
$ 26,664,000
$ 502,000
1.9%
Expenditures
$ 26,162,000
$ 30,472,000
$ 4,310,000
16.5%
Surplus/(Shortfall)
$ 0
$ (3,808,000)
$ (3,808,000)
Property Management — Although the Property Management Fund budget is not projected
to exceed the current amended budget for FY 2023, the projected savings in Property
Management's operating budget is mainly attributed to delays in the receipt of numerous
vehicles, machinery, and equipment due to ongoing supply chain issues that were scheduled
for replacement in FY 2023. A portion of these savings were realigned by Property
Management during FY 2023 to fund projects that were not budgeted for in FY 2023. As a
result, this proposed amendment is to appropriate $426,000 of Property Management fund
balance in order to replenish the funding that was realigned during FY 2023 so that the
vehicles and equipment that were budgeted in FY 2023 for Property Management remain fully
funded although they are not anticipated to be received in FY 2023.
Special Revenue Funds
Biscayne Beach Special Taxing District — The Biscayne Beach Special Taxing District is
projected to be 1.3%, or $3,000, above the current amended budget. This is primarily
attributed to increases in the costs for utilities and contracted security guard services.
Although this District is projected to exceed the current amended budget, the additional
expenditures are projected to be offset using available fund balance, which is proposed to be
appropriated to fund these unbudgeted expenditures.
511 & Alton Garage Fund — This fund is projected to be 9.8%, or $83,000, above its current
amended budget. This is primarily attributed to an increase in the level of operations from
increased activity taking place at this garage from what was originally anticipated for the
current fiscal year. Since this fund is projected to exceed the current amended budget, the
Page 39 of 135
Eighth Amendment to the FY 2023 General Fund, Enterprise, Internal Service, and Special Revenue Funds Budgets
Page 10
additional expenditures are projected to be offset by additional revenues proposed to be
appropriated from available fund balance, as well as a contribution from the Parking Enterprise
Fund, if necessary, to fund these additional operating expenditures.
Garage
FY, 2023
FY 2023
Projected vs
Amended Budget
Projected
Amended
% Over / (Under)
Budget Variance
Revenues
$ 844,000
$ 927,000
$ 83,000
9.8%
Expenditures
$ 844,000
$ 927,000
$ 83,000
9.8%
Surplus/(Shortfall).
$ 0
$ 0
$ 0
People's Transportation Plan (PTP) Fund — The City's allocation of Half -Cent Sales Tax
Surtax revenues from Miami -Dade County is based on population and the City's FY 2023
revenues are projected to exceed the FY 2023 amended budget. As a result of the increased
revenues projected for FY 2023, this proposed amendment would appropriate an additional
$673,000 in PTP revenues received during FY 2023, which in -turn, will be utilized to fund
additional allowable costs associated with operations of the City's trolleys.
People'sTransportation
FY 2023
FY 2023
Projected vs
Amended Budget
Projected
Amended
% Over / (Under)
Budget Variance
Revenues
$ 4,227,000
$ 4,900,000
$ 673,000
15.9%
Expenditures
$ 4,227,000
$ 4,900,000
$ 673,000
15.9%
Surplus/(Shortfall)
1.$ 0'
$ '0 1$
• 0
E-911 Fund — The City's allocation of E-911 tax revenues from Miami -Dade County are
primarily based on call volume. As a result of an increase in call volume and the resulting
additional revenues collected by Miami -Dade County that are disbursed to local municipalities
based on the determined allocation, the City's projected FY 2023 E-911 revenues for wireless,
non -wireless, and wireless prepaid services are projected to exceed the current FY 2023
amended budget. As a result of the increased revenues for FY 2023, this proposed
amendment would appropriate an additional $96,000 in E-911 revenues received during FY
2023, which in -turn; are proposed to be utilized to fund additional allowable costs associated
with the operations of the Fire Department's E-911 call center.
.FY 2023
FY 2023
Projected vs
Amended Budget
Projected
Amended
% Over / (Under) .
Budget Variance
Revenues
$ 767,000
$ 863,000
$ 96,000
12.5%
Expenditures
$ 767,000
$ 863,000
$ 96,000
12.5%
Surplus/(Shortfall)
$ 0
1 $ 0
$ 0
Short -Term Rental Violations — On March 9, 2022, the City Commission adopted Resolution
No. 2022-32092 approving the settlement agreement between the parties in the action styled
Christian Conti v. City of Miami Beach. Based on the settlement payments and legal fees
associated with this short-term rental case, approximately $418,546 were incurred by the City
and at the attorney -client session with the City Commission it was represented that there was
funding from short-term rental violations that Finance had segregated due to the pendency of
Page 40 of 135
Eighth Amendment to the FY 2023 General Fund, Enterprise, Internal Service, and Special Revenue Funds Budgets
Page 11
the litigation, which would be used to pay for the settlement expenses. As a result, this
proposed amendment is to appropriate $419,000 of short-term rental violations funds
collected to reimburse the Risk Management Fund for the settlement payments and legal fees
incurred by the City.
CONCLUSION
The Administration recommends that the Mayor and City Commission adopt the Eighth
Amendment to the General Fund, Enterprise Fund, Internal Services Fund, and,,Special Revenue
Fund budgets for FY 2023 as previously detailed and reflected in the attached Exhibit "A," which
is necessary to comply with Florida Statute, Section 166.241, that mandates that the City has 60
days following the end of the fiscal year to amend a budget for that year.
ATH/JDG/TOS
Page 41 of 135
Eighth Amendment to the FY 2023 General Fund, Enterprise, Internal Service, and Special Revenue Funds Budgets
Page 12
Exhibit "A" '
FY 2023
8th Budget
FY 2023
GENERAL FUND
Amended Budget
Amendment
Revised Budget
REVENUES
Operating Revenues
Ad Valorem Taxes
$
220,605,000
$ 220,605,000
Ad Valorem- Capital Renewal & Repl.
$
1,944,000
$ 1,944,000
Ad Valorem- Pay -As -You -Capital
$
3,974,000
$ 3,974,000
Ad Valorem- Normandy Shores
$
282,000
$ 282,000
Other Taxes
$
26,660,000
2,500,000
$ 29,160,000
Licenses and Permits
$
18,843,000
4,000,000
$ 22,843,000
Intergovernmental
$
14,225,000
$ 14,225,000
Charges for Services
$
15,681,000
2,000,000
$ 17,681,000
Fines & Forfeits
$
1,264,000
750,000
$ 2,014,000
Interest Earnings
$
5,577,000
3,000,000
$ 8,577,000
Rents & Leases
$
7,067,000
750,000
$ 7,817,000
Miscellaneous
$
15,753,000
6,000,000
$ 21,753,000
ResortTax Contribution
$
39,227,000
5,720,000
$ 44,947,000
Other Non -Operating Revenue
$
13,905,000
$ 13,905,000
Use of General Fund Reserves/Prior Year Surplus
$
16,239,000
$ 16,239,000
Total General Fund
$
401,246,000
24,720,0W
$ 425,966,000
FY 2023
8th Budget
FY 2023
Amended Budget
Amendment
Revised Budget
APPROPRIATIONS
Department
Mayor and Commission
$
2,809,000
$
2,809,000
City Manager
$
4,290,000
$
4,290,000
Marketing and Communications
$
2,983,000
$
2,983,000
Office of Management and Budget
$
1,678,000
$
1,678,000
Org. Dev Performance Initiatives
$
3,356,000
$
3,356,000
Finance
$
8,042,000
$
8,042,000
Procurement
$
3,101,000
$
3,101,000
Human Resources/Labor Relations
$
3,124,000
$
3,124,000
City Clerk
$
2,081,000
$
2,081,000
City Attorney
$
7,654,000
(500,000) $
7,154,000
Housing& Community Services
$
6,148,000
(500,000) $
5,648,000
Planning
$
6,074,000
$
6,074,000
Environment & Sustainability
$
2,386,000
$
2,386,000
Tourism and Culture
$
3,661,000
$
3,661,000
Economic Development
$
2,993,000
$
2,993,000
Code Compliance
$
6,886,000
$
6,886,000
Parks & Recreation (incl. Golf Courses)
$
44,067,000
(500,000) $
43,567,000
Property Management General Fund
$
3,848,000
$
3,848,000
Public Works
$
17,021,000
(500,000) $
16,521,000
Capital Improvement Projects
$
6,003,000
$
6,003,000
Police
$
133,588,000
(683,000) $
132,905,000
Fire
$
102,036,000
3,741,000 $
105,777,000
Citywide (incl. Operating Contingency)
$
19,817,000
(3,741,000) $
16,076,000
Subtotal General Fund
S
393,646,000
(2,683,000) $
390,963,000
TRANSFERS
Normandy Shores
$
282,000
$ 282,000
Pay -As -You -Go Capital Fund
$
3,974,000
19,096,000
$ 23,070,000
Info & Comm Technology Fund
$
300,000
$ 300,000
Capital Reserve Fund
$
1,100,000
8,307,000
$ 9,407,000
Capital Renewal & Replacement
$
1,944,000
$ 1,944,000
Subtotal Transfers
$
7,600,000
27,403,000
$ 35,003,000
Total General Fund
$
401,246,000
24,720,000
$ 425,966,000
Page 42 of 135
Eighth Amendment to the FY 2023 General Fund, Enterprise, Internal Service, and Special Revenue Funds Budgets
Page 13
Exhibit "A"
FY 2023
8th Budget
FY 2023
ENTERPRISE FUNDS
Amended Budget
Amendment
Revised Budget
REVENUE/APPROPRIATIONS
Building
$
18,090,000
$ 18,090,000
Convention Center
$
2.9,607,000
5,977,000
$ 35,584,000
Water
$
39,932,000
$ 39,932,000
Sewer
$
59,180,000
$ 59,180,000
Stormwater
$
36,030,000
$ 36,030,000
Sanitation
$
24,821,000
741,000
$ 25,562,000
Parking
$
47,458,060
$ 47,458,000
Total Enterprise Funds
$
255,118,000
6,718,000
$ 261,836,000
FY 2023
8th Budget
FY 2023
INTERNAL SERVICE FUNDS
Amended Budget
Amendment
Revised Budget
REVENUE/APPROPRIATIONS
Information Technology
$
20,694,000
$ 20,694,000
Risk Management
$
26,162,000
4,310,000
$ 30,472,000
Central Services
$
1,064,000
$ 1,064,000
Office of Inspector General
$
2,I8Q000
$ 2,18Q000
Property Management
$
12,949,000
426,000
$ 13,275,000
Fleet Management
$
24,928,000
$ 24,928,000
Medical and Dental Insurance
$
46,159,000
$ 46,159,000
Total Internal Service Funds
$
134,036,000
4,736,000
$ 138,772,000
FY 2023
Bth Budget
FY 2023
SPECIAL REVENUE FUNDS
Amended Budget
Amendment
Revised Budget
REVENUE/APPROPRIATIONS
Education Compact
$
155,000
$ 155,000
ITTechnology Fund
$
582,000
$ 582,000
Residential Housing
$
1,129,000
$ 1,129,000
Sustainability
$
1,082,000
$ 1,082,000
Tree Preservation Fund
$
282,000
$ 282,000
Commemorative Tree Trust Fund
$
4,000
$ 4,000
Resort Tax
$
111,313,000
8,937,000
$ 120,250,000
Tourism and Hospitality Scholarships
$
81,000
$ 81,000
Cultural Arts Council
$
2,990,000
$ 2,990,000
Waste Haulers
$
109,000
$ 109,000
Normandy Shores
$
282,000
$ 282,000
Biscayne Point Special Taxing District
$
230,000
$ 230,000
Allison Island Special Taxing District
$
244,000
$ 244,000
Biscayne Beach Special Taxing District
$
234,000
3,000
$ 237,000
5th & Alton Garage
$
844,000
83,000
$ 927,000
7th Street Garage
$
3,213,000
$ 3,213,000
Transportation Fund
$
14,294,0W
$ 14,294,000
People's Transportation Plan
$
4,227,000
673,000
$ 4,900,000
Police Confiscation Fund - Federal
$
90,000
$ 90,000
Police Confiscation Fund - State
$
66,000
$ 66,000
Police Unclaimed Property
$
15,000
$ 15,000
Police Crash Report Sales
$
116,000
$ 116,000
Police Training Fund
$
67,000
$ 67,000
Red Light Camera Fund
$
1,216,000
$ 1,216,000
E-911 Fund
$
767,000
96,000
$ 863,000
Art in Public Places (Al PP)
$
202,000
$ 202,000
Beachfront Concession Initiatives
$
116,000
$ 116,000
Beach Renourishment
$
1,564,000
$ 1,564,000
Resiliency Fund
$
1,974,000
$ 1,974,000
Sustainability and Resiliency
$
194,000
$ 194,000
Biscayne Bay Protection Trust Fund
$
6,000
$ 6,000
Adopt -A -Bench Program
$
20,000
$ 20,000
Miami City Ballet
$
234,000
$ 234,000
ShortTerm Rental Violations
$
-
419,000
$ 419,000
Total Special Revenue Funds
$
147,942,000
10,211,000
$ 158,153,000
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