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98-22960 RESO RESOLUTION NO. 98-22960 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING THE SECOND AMENDMENT TO FISCAL YEAR 1997/98 BUDGETS WITHIN THE GENERAL FUND. WHEREAS, the Administration has performed a review of the City's General, Enterprise, and Internal Service Funds to determine if an amendment to departmental revenue and expense appropriations is necessary to maintain a balanced budget; and WHEREAS, a determination has been made that functions within the General Fund require an amendment to their respective appropriations to cover unbudgeted expenditures in the current year; and WHEREAS, in order to amend certain expenditure categories within the budget document, an amendment is necessary to increase allocations by $880,000, within one General Fund department, while simultaneously decreasing four other department allocations by $880,000 within the General Fund, the net impact of which is no overall increase to the General Fund budget; and WHEREAS, increased appropriations are necessary within the Citywide Accounts for $880,000 due primarily to the required increased allocations of Ad Valorem tax to the South Pointe and City Center tax increment districts and other miscellaneous items; and WHEREAS, decreased appropriations are necessary within the Public Works Department, for $240,000; Police Department, for $390,000; and Code Compliance Department, for $150,000; and Developmment Services Department, for $100,000; all totaling $880,000; and resulting in no net increase; and NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and Commission herein approve a Second Amendment to Fiscal Year 1997/98 Budgets within the General Fund, to cover unbudgeted expenditures as enumerated as follows: FY 1997/98 Amended Budget March 4, 1998 Increase/ (Decrease) GENERAL FUND OPERATING REVENUES Ad Valorem Taxes Other Taxes Licenses and Permits Intergovernmental Charges for Services Fines and Forfeits Interest Rents and Leases Miscellaneous Other Fund Balance Subtotal DEBT SERVICE Ad Valorem Taxes Subtotal $ 46,824,380 17,223,900 7,039,700 8,823,000 1,694,080 1,288,750 4,713,025 810,185 4,196,666 10,434,517 786476 $103.834.679 $ 10 672 369 $ 10 672.369 $114.507.048 Total Revenues FY 1997/98 Amended Budget November 4, 1998 $ 0 $ 46,824,380 0 17,223,900 0 7,039,700 0 8,823,000 0 1,694,080 0 1,288,750 0 4,713,025 0 810,185 0 4,196,666 0 10,434,517 0 786.476 0 $103.834.679 0 $ 10.672.369 0 $ 10 672.369 0 $114.507.048 $ $ $ $ APPROPRIATIONS Mayor & Commission $ 647,431 $ 0 $ 647,431 City Manager 1,173,100 0 1,173,100 City Attorney 2,583,060 0 2,583,060 City Clerk 1,216,833 0 1,216,833 Children's Affairs 84,060 0 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 (150,000) 1,483,507 Development Services 2,191,216 (100,000) 2,091,216 Bass Museum of Art 691,237 0 691,237 Recreation/Culture/Parks 13,973,024 0 13,973,024 Procurement 557,198 0 557,198 Public Works 3,435,599 (240,000) 3,195,599 Fire 20,148,071 0 20,148,071 Police 37,897,685 (390,000) 37,507,685 Citywide Accounts 11.150.224 880.000 12.030.224 Subtotal $103.834.679 $ 0 $103 .834.679 DEBT SERVICE Debt Service $ 10.672.369 $ 0 $ 10.672.369 Subtotal $ 10.672.369 $ 0 $ 10.672.369 . Total General Fund $114,507.048 $ 0 $114.507,048 ENTERPRISE FUNDS APPROPRIATIONS Convention Center $ 9,928,698 $ 0 $ 9,928,698 Parking 14,250,870 0 14,250,870 Sanitation 4,812,742 0 4,812,742 Sewer 26,242,932 0 26,242,932 Storm Water 3,519,374 0 3,519,374 Water 16.404.971 0 16.404.971 Total Enterprise $ 75.159.587 $ 0 $ 75.159.587 INTERNAL SERVICE FUNDS APPROPRIATIONS Central Services $ 560,379 $ 0 $ 560,379 Information Technology 6,969,770 0 6,969,770 Fleet Management 7,773,009 0 7,773,009 Property Management 4,351,876 0 4,351,876 Risk Management 11.604.966 0 11.604.966 Total Internal Serv $31.260.000 $ 0 $31.260.000 TOT AL ALL FUNDS $220.926.635 $ 0 $220.926.635 PASSED and ADOPTED this 4th day of November. 1998. ~ MAYOR ~LPM~ C y Clerk Funding Approved: Resolution NO. 98-22960 F APPROVED AC T...... ORM VI'.' & & LANGIj,. . " i~ FOR EXEC'r :...., - I.. 1........J ~rL~j y .. :ITY OF MIAMI BEACH ;I1Y HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH, FLORIDA 33139 ltp:\\cJ.mlamJ-beach.ft.us COMMISSION MEMORANDUM NO. :J 5 A. -] ~ TO: Mayor Neisen O. Kasdin and Memhers of the City Commission DATE: Nonmher4, 1998 FROM: Sergio Rodriguez/1>1rf".. City Manager /' \ ! A RESOLUTION"OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING THE SECOND AMENDMENT TO FISCAL YEAR 1997/98 BUDGETS WITHIN THE GENE FUND. SUBJECT: ADMINISTRA TION RECOMMENDATION Adopt the Resolution. BACKGROUND Resolution Number 94-21258 directed the Administration to provide arterly reports on the operating budget by comparing budget to actual, with explanations on tho e revenue and expense categories and classifications which our year-end projections reveal will be a significant variance to budget. As noted in the second and third quarter reports, the Adminis ation is proposing this amendment to address unbudgeted expenditures in the General Fund. Since orida Statutes prohibit the overexpenditure of departmental budgets and funds without Com ission approval, it is necessary to amend appropriations for those departments which our year- d projections indicate will exceed their budget authorization. ANALYSIS On March 4, 1998, the first amendment to Fiscal Year 1997/98 was ado ed to cover prior-year encumbrances. This second amendment will re-allocate $880,000 within e amended budget of the General Operating Fund, but will result in no overall increase. In order 0 recognize increased expenditures in one department, offset by decreased expenditures in four departments, a budget amendment must be adopted. Our projections, as stated in the quarterly reports, indicated increases within Citywide Accounts ($880,000) due primarily to the required increased allocations of Ad Valorem tax to the South Pointe and City Center tax increment districts and other miscellaneous items. These increases will be offset by decreased expenditures due to savings from unfilled positions in departments such as Code Compliance ($150,000); Public Works ($240,000); and Development Services ($100,000), and a reduction in overtime in the Police Department ($390,000) due to a reimbursement from the Confiscation Trust Fund. AGENDA ITEM KIF DATEJI-Y--9~ Fiscal Year 1997/98 Second Budget Amendment Page 2 November 4, 1998 No amendments to the Enterprise and Internal Service Funds are planned, as our projections indicate that these funds will remain within their annual allocations. In keeping with sound financial planning and budgeting practices, we will, if necessary, present a third and final amendment during the month of December supported with a year-end reconciliation for the fourth quarter to recognize any unanticipated expenses and year-end closing transactions which impact the budget document. SECOND AMENDMENT DISCUSSION: Having provided an analysis of the General Fund, we will now present the amendments required to increase appropriations to cover unbudgeted expenditures and decreased expenditures. To either increase or decrease a departmental appropriation, a budget amendment is necessary. I. GENERAL FUND EXPENDITURE APPROPRIATIONS A. Increase and Decrease of Operating Expenditures INCREASED APPROPRIATIONS DEP ARTMENT Citywide Total Increase AMOUNT $ 880.000 $ 880.000 DECREASED APPROPRIATIONS DEPART:MENT Development Services Public Works Code Compliance Police Total Decrease AMOUNT $ (100,000) (240,000) (150,000) (390.000) $ (880 000) Net Increase/(Decrease) $ o CONCLUSION The attached Resolution will allow the second amendment to departmental appropriations within the General Fund to be enacted. This action is necessary to comply with Florida Statutes which stipulate that we may not expend more than our appropriations provide. SR~jC att W - Resolution