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LTC 254-2015 Budget Advisory Committee Motion MI II 11111 O ANNI NM/■1111■1111MIMMINIIIIII■■ 1915 • 2015 OFFICE OF THE CITY MANAGER NO. LTC# 254-2015 LETTER TO COMMISSION TO: Mayor Philip Levine and Members of the City Commission FROM: Jimmy L. Morales, City Manager ••• IL, DATE: June 18, 2015 SUBJECT: BUDGET ADVISORY COMMITTEE MOTION The purpose of this Letter to Commission (LTC) is to inform the Commission of a motion passed by The Budget Advisory Committee regarding the proposed FY2015/16 General Fund. The Committee's recommendation regarding the Proposed FY2015/16 General Fund was approved at their June 2, 2015, meeting. Attachment JLM/JW • City of Miami Beach Budget Advisory Committee Meeting of June 2, 2015 Members Present: Jack Benveniste, John Fryd, John Gardiner, Brian Harris, David Lancz, Julio Magrisso, Ronald Starkman, Members Absent: Dushan Koller Motion made by John Fryd Motion seconded by Brian Harris Motion Text: A motion was made by Jonathan Fryd and seconded by Brian Harris advising the Mayor and Commission on the allocation of the $3.6 million surplus by lowering the millage to meet the millage rate goal and put the remaining $1.5 million surplus toward the General Fund Reserve. The Motion passed by a vote of 7-0. The Budget Advisory Committee urges the Mayor and Commission to support the above request. Motion Passage: Votes 7-0