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2003-25146 ResoRESOLUTION NO. 2003-25146 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING THE FIRST AMENDMENT TO THE GENERAL, ENTERPRISE, AND INTERNAL SERVICE FUNDS FISCAL YEAR (FY) 2002/2003 BUDGETS TO APPROPRIATE PRIOR YEAR ENCUMBRANCES. WHEREAS, municipal budgeting practices require reappropriation of prior year (FY 2002/2003) outstanding encumbrances; and WHEREAS, the Administration has performed a detailed review to determine if an increase in departmental appropriation is required to compensate for prior year encumbrances; and WHEREAS, a determination has been made that functions within the General Fund totaling $1,932,362, the Enterprise Funds totaling $826,154 and the Internal Service Funds totaling $2,595,808, require increases in their respective appropriations to cover prior year encumbrances carried forward in FY 2002/2003 that were reserved in the Designated Fund Balance/Retained Earnings; and NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the first amendment to the Fiscal Year 2002/2003 General, Enterprise, and Internal Service Funds budgets is adopted as follows: GENERAL FUND OPERATING REVENUES Ad Valorem Taxes Ad Valorem Taxes-RDA So Pointe Ad Valorem Taxes-RDA City Center Ad valorem Taxes-Normandy shore Other Taxes Licenses & Permits Intergovernmental Charges for Services Fines & Forfeits Interest Rents & Leases Miscellaneous Other -Resort Tax Contribution Other - Non-Operating Revenues Fund Balance Subtotal DEBT SERVICE Ad Valorem Taxes Subtotal Total Revenues APPROPRIATIONS DepartmentJFunctlon Mayor & Commission City Manager Media Relations City Clerk Finance Management & Budget Human Resources internal Audit Procurement Grants Management City Attorney Economic Development Building Planning Arts, Culture & Entertainment Bass Museum Neighborhood Service Parks & Recreation Public Works Capital Improvement Program Fire Police Citywide Accounts Citywide Accts-RDA So Pointe FY 200212003 Adopted Budget $ 61,050,914 5,948,507 7,380,783 78,000 19,464,517 9,636,980 11,424,000 4,749,650 1,573,000 4,662,500 1,964,582 6,228,625 16,318,450 6,839,896 0 $ 157,320,404 $ 10,424,846 $ 10,424,846 $ 167,745,250 $ 1,084,947 1,714,296 254,770 1,249,064 3,247,214 579,521 1,708,121 379,368 733,902 150,685 2,969,646 1,118,268 4,255,249 2,255,752 519,046 1,114,049 3,008,413 21,752,477 5,457,520 2,160,358 27,048,464 53,789,261 6,456,946 5,948,507 Increase/ (Decrease) 1,932,362 $ 1,932,362 $ 0 $ 0 $ 1,932,362 4,398 11,304 6,499 119,922 102,055 10,585 6,032 585 3,611 400 11,263 1,870 12,456 50,627 736 40,436 2,951 908,552 121,363 35,785 85,859 58,658 336,415 FY 2002~2003 Amended Budget $ 61,050,914 5,948,507 7,380,783 78,000 19,464,517 9,636,980 11,424,000 4,749,650 1,573,000 4,662,500 1,964,582 6,228,625 16,318,450 6,839,896 1,932,362 $ 159,252,766 $ 10,424,846 $ 10,424,846 $ 169,677,612 $ 1,089,345 1,725,600 261,269 1,368,986 3,349,269 590,106 1,714,153 379,953 737,513 151,085 2,980,909 1,120,138 4,267,705 2,306,379 519,782 1,154,485 3,011,364 22,661,029 5,578,883 2,196,143 27,134,323 53,847,919 6,793,361 5,948,507 Citywide Accts-RDA City Center Operating Contingency Subtotal DEBT SERVICE Debt Service Subtotal Total General Fund ENTERPRISE FUNDS APPROPRIATIONS Convention Center Parking Sanitation Sewer Operations Stormwater Water Operations Total Enterprise Funds 7,380,783 983,777 $ 157,320,404 $ 1,932,362 $ 10,424,846 $ 0 $ 10,424,846 $ 0 $ 167,745,250 $ 1,932,362 $ 13,422,716 $ 0 19,586,828 66,049 6,639,049 225,453 28,271,930 94,757 7,220,000 221,699 19,329,810 218,196 $ 94,470,333 $ 826,154 INTERNAL SREVICE FUNDS APPROPRIATIONS Central Services $ 733,834 Information Technology 10,502,542 Fleet Management 5,448,031 Property Management 6,735,213 Risk Management 14,010,148 Total Internal Service Funds TOTAL ALL FUNDS 39,552 1,129,035 832,556 521,196 73,469 $ 37,429,768 $ 2,595,808 $ 299,645,351 $ 5,354,324 7,380,783 983,777 $ 159,252,766 $ 10,424,846 $ 10,424,846 $ 169,677,612 13,422,716 19,652,877 6,864,502 28,366,687 7,441,699 19,548,006 $ 95,296,487 PASSED and ADOPTED this 19th day of March, 2003/ A~'/EST: CITY CLERK 773,386 11,631,577 6,280,587 7,256,409 14,083,617 $ 40,025,576 $ 304,999,675 MAYOR FUNDING~O;/AL: MANAGEMEII'~ND BUDGET FORM & FOR EXECU31ON CITY OF MIAMI BEACH COMMISSION ITEM SUMMARY Condensed Title: Adopt the first amendment to the General, Enterprise, and Internal Service Funds Fiscal Year (FY) 2002/2003 Budgets to appropriate prior year encumbrances. Issue: Whether to adopt the amendment? Item Summary/Recommendation: lAdopt the resolution to amend the General, Enterprise, and Internal Service Funds budgets. Advisory Board Recommendation: N/A Financial Information: Amount to be expended: Source of Amount ~ Account Approved Funds: I $1,932,362 General Fund - Fund Balance Reserve for encumbrances. ) 2 $ 826,154 Enterprise Funds - Retained  Earnings. 3 $ 2,595,808 Internal Service Funds - Retained Earnings. Final ice Dept. Total $ 5,354,324 Si~n-Offs: IDepa~ent Directot AGENDA ITEM C 7~T.- DATE **~-//'~*'~'~ CITY OF MIAMI BEACH CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH, FLORIDA 33139 www.ci.miami~beach.fl.us COMMISSION MEMORANDUM To: From: Subject: Mayor David Dermer and Date: Mamh 19, 2003 Members of the City Commission Jorge M. Gonzalez ~ City Manager A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING THE FIRST AMENDMENT TO THE GENERAL, ENTERPRISE, AND INTERNAL SERVICE FUNDS FISCAL YEAR (FY) 2002/2003 BUDGETS TO APPROPRIATE PRIOR YEAR ENCUMBRANCES. ADMINISTRATION RECOMMENDATION Adopt the Resolution. ANALYSIS The first amendment to the General, Enterprise, and Internal Service Funds FY 2002~2003 budgets, appropriates funds to cover prior year encumbrances. A detailed review was performed to identify all outstanding prior year (PY) encumbrances that will require a carry forward of their funding from FY 2001/2002 to FY 2002/2003. This is required because certain services and capital items were purchased during FY 200112002 with FY 2001/2002 budgeted funds and were paid for during FY 2002/2003. We have identified PY encumbrances within the General Fund totaling $1,932,362, Enterprise Funds totaling $826,154, and Internal Service Funds totaling $2,595,808, which require a budget amendment. The source of funding for encumbrances within the General, Enterprise and Internal Service Funds has already been recognized as a reservation of Fund Balance/Retained Earnings and does not constitute additional expenditures or liabilities. Fiscal Year 2002/2003 First Budget Amendment March 19, 2003 Page 2 Details of the PY Encumbrances amendment follows: Department Reappropriation of PY Encumbrances Purpose GENERAL FUND Mayor & Commission $ City Manager Media Relations City Clerk Finance Mgmt. & Budget Human Resources Internal Audit Procurement Grants Management City Attorney Econ. Development Building Planning Arts, Culture & Ent. Bass Museum Neighborhood Svcs Parks & Recreation Public Works Capital Improv Prgm Fire Police Citywide Accounts Total General Fund $ 4,398 11,304 6,499 119,922 102,055 10,585 6,032 585 3,611 400 11,263 1,870 12,456 50,627 736 40,436 2,951 908,552 121,363 35,785 85,859 58,658 336,415 1,932,362 Professional Services, Operating Expenses Operating Expenses Operating Expenses Professional Svces, Operating Expenses, Capital Professional Services, Capital Operating Expenses, Capital Professional Services, Operating Expenses Operating Expenses Operating Expenses, Capital Operating Expenses Operating Expenses Operating Expenses Operating Expenses, Capital Professional Svces, Operating Expenses, Capital Operating Expenses Professional Svces, Operating Expenses, Capital Operating Expenses Professional Svces, Operating Expenses, Capital Professional Svces, Operating Expenses, Capital Professional Svces, Capital Operating Expenses, Capital Operating Expenses Operating Expenses, Capital ENTERPRISE FUNDS Parking Sanitation Sewer Operations Stormwater Water Operations Total Enterprise Funds $ 66,049 225,453 94,757 221,699 218,196 $ 826,154 Professional Svces, Operating Expenses, Capital Professional Svces, Operating Expenses, Capital Operating Expenses, Capital Capital Professional Svces, Operating Expenses, Capital Fiscal Year 2002~2003 First Budget Amendment March 19, 2003 Page 3 INTERNAL SERVICE FUNDS Central Services Information Tech Fleet Management Property Mgmt Risk Management Total Internal Service Funds $ 39,552 1,129,035 832,556 521,196 73,469 $ 2,595,808 Operating Expenses Capital Capital Operating Expenses, Capital Operating Expenses The attached Resolution will allow the first amendment to departmental appropriations within the General, Enterprise, and Internal Service Funds budgets to be enacted. This action is necessary to comply with Florida Statutes which stipulate that we may not expend more than our appropriations provide. The Administration recommends t hat t he Mayor a nd City Commission adopt the first amendment to the FY 2002/2003 Budget. JMG:PDW:JC