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2016-29398 Reso RESOLUTION NO. 2016-29398 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING THE FOURTH AMENDMENT:TO TO THE GENERAL FUND, ENTERPRISE FUND, INTERNAL SERVICE FUND, AND SPECIAL REVENUE FUND BUDGETS FOR FISCAL YEAR (FY) 2015/16. WHEREAS, the budgets for the General Fund, Enterprise Fund, Internal Service Funds, and Special Revenue Fund for Fiscal Year 2015/16 were approved on September 30, 2015, with the adoption of Resolution No. 2015-29141; and WHEREAS, the First Amendment to the General Fund, Enterprise Fund, Internal Service Fund, and Special Revenue Fund budgets for Fiscal Year 2015/16 was approved on December 8, 2015, with the adoption of Resolution No. 2015-29221; and WHEREAS, the Second Amendment to the General Fund, Enterprise Fund, Internal Service Fund, and Special Revenue Fund budgets for Fiscal Year 2015/16 was approved on January 13, 2016, with the adoption of Resolution No. 2016-29263; and WHEREAS, the Third Amendment to the General Fund, Enterprise Fund, Internal Service Fund, and Special Revenue Fund budgets for Fiscal Year 2015/16 was approved on March 9, 2016, with the adoption of Resolution No. 2016-29315; and WHEREAS, the proposed fourth budget amendment adds an appropriation of $190,000 in funding the '2066 Miami Beach Rising Above and Time Capsule' project as reflected in the attached Exhibit "A. NOW THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and City Commission hereby adopt the Fourth Amendment to the General Fund, Enterprise Fund, Internal Service Fund, and Special Revenue Fund Budgets for Fiscal Year (FY) 2015/16 as set forth in Exhibit "A." PASSED and ADOPTED this 11`x' day of May, 2016. ATTEST: 400 dr,- PHILIP EV, -,� 1�YC)R ./ „, „ AF LE. G AN.0": CIT *01-4- K APPROVED AS TO star FORM 0 FORM & LANGUAGE •:'� &FOR EXECUTION • * * tit, 1' • ‘-1--Pne :INCORP ORATED: • r � J' I City Attorney - Dote �44.riCH26 -4'. Exhibit "A" FY 2015/16 I 4th Budget• FY 2015/16 GENERAL FUND Amended Budget i Amendment Revised Budget: REVENUES { j Operating Revenues Ad Valorem Taxes - $ 140,446,000 I $ 140,446,000 Ad Valorem Taxes-S Pte Costs _ - ! i $ - Ad Valorem Cap. Renewal &Replacement 2,716,000_{ $ 2,716,000 Ad Valorem Taxes-Normandy Shores 147,000 I $ 147,000 Other Taxes 23,940,000{ $ 23,940,000 • Licenses and Permits _ _29,558,000 I $__29,558,000 Intergovernmental I - 11,037,000 I $ 11,037,000 Charges for Services 12,046,000 1 J$ i2,O46,000I Fines&Forfeits _ -_ _2,157,0001 I $ 2,157,000 Rents and Leases 6,384,000 ( $ 6,384,000 Miscellaneous - - - 12,588,000I -- J $ 12,588,000_ Resort Tax Contribution 36,609,000 _ { $ 36,609,000 Other I 22,926,000 1 $ 22,926,000 Fund Balance/Retained Earnings { 5,667,000 , 190,000 ! $ 5,857,000 Total General Fund $ 306,221,000 j $ 190,000 1 $ 306,411,000 r FY 2015/16 ! FY 2015/16 4th Budget Amended Amended Budget Amendment Budget - -I APPROPRIATIONS -+- - ---- ------ i Department - ------- ------ ---- --�--- --- I Mayor and Commission ---` I $ 2,009,000; - _ 190,000 ; $ 2,199,000 City Manager 3,809,000 I $ 3,809,000 Communications 1,748,000 _ _ _ $ 1,748,000 Budget&Performance Improvement 2,435,000 I $ 2,435,000 Org Dev&Performance Initiative 603,000' -^-_� $ 603,000 Finance 5,435,000 $ 5,435,000 Procurement ! 2,114,000 $ 2,114,000 Human Resources/Labor Relations 2,721,000 $ 2,721,000 1 City Clerk 1,455,000 $ 1,455,000_I City Attorney 5,282,000 I $ 5,282,000 Housing&Comm. Development -_ _ 2,674,000 L$ 2,674,000 Building - 14,643,000, $ 14,643,000 Code Compliance 6,118,000 $ 6,118,000 Planning 4,274,000 $ 4,274,000 Tourism,Culture,and Econ. Development 3,936,000 iI $ 3,936,000 Parks&Recreation 30,812,000 I $ 30,812,00 Public Works _ 14,143,000 I _ $_14,143,000 Capital Improvement Projects { 4,945,000 $ 4,945,000 I Police 99,989,000 -- $ 99,989,000.. Fire 62,844,000 _� 62,844,000_1 Emergency Management 9,218,000 { $ 9,218,000 Citywide Accounts-Other 12,261,000 { $ 12,261,000 Citywide Accounts-Operating Contingency 2,093,000 __ _$ 2,093,0001 Citywide Accounts-Normandy Shores 226,000 I I $ 226,000 Subtotal General Fund _ ! $ 295,787,000 $ 190,000 { $ 295,977,000 TRANSFERS _ __-___ _ Capital Renewal &Replacement $ 2,71.6,00_0 1_ _ $ 2,716,000 Capital Investement Upkeep Account 315,000 _ $ 315,000 Info&Comm Technology Fund - - j 395,000 I $ 395,000) Pay-As-You-Go Capital Fund 2,400,000 $ 2,400,000 Capital Reserve Fund ---_ 2,000,000 l $ 2,000,000 Building Reserve 1 2,608,000 ! { $ 2,608,000 Subtotal Transfers $ 10,434,000 1 $ - 1 $ 10,434,000 Total General Fund { $ 306,221,000 1 $ 190,000 I $ 306,411,000 . COMMISSION ITEM SUMMARY Condensed Title: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF MIAMI BEACH, FLORIDA, ADOPTING THE FOURTH AMENDMENT TO THE GENERAL FUND, ENTERPRISE FUND, INTERNAL SERVICE FUND, AND SPECIAL REVENUE FUND BUDGETS FOR FISCAL YEAR (FY) 2015/16. Key Intended Outcome Supported: Ensure expenditure trends are sustainable over the long term. Supporting Data: In the 2014 Community Survey, both residents and businesses reported the following area for the City related to value for taxes paid: • Percentage of residents rating the Overall Value of City services for tax dollars paid as excellent or good (Residents: 58%; Businesses 54%) Item Summary/Recommendation: The budgets for the General Fund, Enterprise Funds, Internal Service Funds, and Special Revenue Funds for Fiscal Year 2015/16 were approved on September 30,2015,with the adoption of Resolution No. 2015-29141. The First Amendment to the General Fund, Enterprise Funds, Internal Service Funds,and Special Revenue Funds budgets for FY 2015/16 was approved on December 8,2015, by resolution 2015- 29221. The Second Amendment was approved on January 13, 2016, by resolution 2016-29263. The Third Amendment was approved on March 9, 2016, by resolution 2016-29315. Section 166.241(4)(c.), Florida Statutes, requires that a municipality's budget amendment must be adopted in the same manner as the original budget. The Fourth Amendment would appropriate$190,000 of funding for the`2066 Miami Beach Rising Above and Time Capsule' project. Financial Information: Source of Amount Account Funds $190,000 General Fund City Clerk's Office Legislative Tracking: Ramon Suarez, Interim OBPI Director Sign-Offs: Department Director 1 Assistant City Manager ity Manager 0 MIAMIBEACH AGENDA ITEM R--/A DATE s I lte MIAMI BEACH • City of Miami Beach, 1700 Convention Center Drive,Miami Beach, Florida 33139,www.miamibeachfl.gov COMMISSION MEMORANDUM TO: Mayor Philip Levine and Members o i`the City Com,� ission FROM: Jimmy L. Morales, City Manager DATE: May 11, 2016 SUBJECT: A RESOLUTION OF THE MAYOR A D CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING THE FOURTH AMENDMENT TO THE GENERAL FUND, ENTERPRISE FUND, INTERNAL SERVICE FUND AND SPECIAL REVENUE FUND BUDGETS FOR FISCAL YEAR (FY) 2015/16 ADMINISTRATION RECOMMENDATION Adopt the resolution amending the FY 2015/16 General Fund, Enterprise Funds, Internal Service Funds, and Special Revenue Funds budgets. KEY INTENDED OUTCOME SUPPORTED Ensure expenditure trends are sustainable over the long term. ANALYSIS The budgets for the General Fund, Enterprise Funds, Internal Service Funds, and Special Revenue Funds for Fiscal Year 2015/16 were approved on September 30, 2015, with the adoption of Resolution No. 2015-29141. The First Amendment to the General Fund, Enterprise Funds, Internal Service Funds, and Special Revenue Funds budgets for FY 2015/16 was approved on December 8, 2015, by resolution 2015-29221. The Second Amendment was approved on January 13, 2016, by resolution 2016-29263. The Third Amendment was approved on March 9, 2016, by resolution 2016-29315. Section 166.241(4)(c.), Florida Statutes, requires that a municipality's budget amendment must be adopted in the same manner as the original budget. The Fourth Amendment would appropriate $190,000 of funding for the production of the 2066 Miami Beach Time Capsule & Rising Above Project. Appropriate$190,000 of funding for 2066 Miami Beach Time Capsule&Rising Above Project—General Fund The Office of the Mayor and Commission have designed a`2066 Miami Beach Rising Above Y 9 9 and Time Capsule'project that would focus on bringing world-wide awareness and highlight Miami Beach's efforts in dealing with climate change and sea level rise. The proposed P Fourth Amendment to the FY 15/16 General Fund,Enterprise, Internal Service,and Special Revenue Funds Budgets Page 2 project was presented at the December 23, 2015 City Commission, for discussion and further direction. The City Commission made a recommendation to create a budget, identify the resources and bring it back as a budget amendment. The item was presented at the March 18, 2016 Finance & Citywide Projects Committee meeting where the Committee recommended moving forward with the project. The$190,000 cost of the project would be appropriated from available funds in the General Fund and appropriated in the Mayor & Commission Department Budget. CONCLUSION The Administration recommends that the Mayor and City Commission adopt the Fourth Amendment to the General Fund, Enterprise Fund, Internal Service Fund, and Special Revenue F•c'd Budgets for Fiscal Year (FY) 2015/16. JL /RS • • , • . L, Z d� �"' -O- - ..ac'� Cy Na �.Q cO �� E.0 C C` ya w O 13 O C m c 11 Ti C p CO Q, L LL m._ E a) ._ O 7•• (0,- iri a)O m-LL CO.. O O a) .' CO U m C ]. F.. o a y 3 CO a s a =Q 4- C C.2±' • r.!_' 7 C 'y C 7 U o a) o U a) E m r.O m o)oc C,_, O a,' c0 c.3 m O.� O a) O L co 7 C cn ` m cn'y.0 a) E L .- m • . c0 U CO L E ftRa p E a) O L C X >N m e,� 'a W c O E 7,. a..,•7, O.1 r.(/) - mom o: � � a) E c yyy a y EU r.a `^O U C0_`, U O U at .a O a) a),_ O�. Q ° c� -p 7 ..0 om'-� co E— ° `+' c m C m R^. 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