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Resolution 2018-30514 RESOLUTION NO. 2018-30514 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE NORMANDY SHORES LOCAL GOVERNMENT NEIGHBORHOOD IMPROVEMENT DISTRICT ADOPTING THE FINAL OPERATING BUDGET FOR FISCAL YEAR 2018/19. WHEREAS, for the purpose of providing security services within the Normandy Shores neighborhood area, the Mayor and City Commission adopted Ordinance No. 93-2881 on October 20, 1993, which authorized the creation of the Normandy Shores Local Government Neighborhood Improvement District ("District"); and WHEREAS, for the purpose of providing security services within the District, a final budget has been developed to fund projected Fiscal Year 2018/19 operating expenditures; and WHEREAS, on September 12, 2018, pursuant to Section 200.065, Florida Statutes, the City Commission, acting as the Board of Directors of the District, held its first duly noticed public hearing to consider the Tentative Ad Valorem Millage and Tentative Operating Budget for Fiscal Year 2018/19; and WHEREAS, on September 26, 2018, pursuant to Section 200.065 of the Florida Statutes, the City Commission, acting as the Board of Directors of the District, held its second duly noticed public hearing to consider the Final Ad Valorem Millage and Final Operating Budget for the District. NOW, THEREFORE, BE IT DULY RESOLVED BY THE BOARD OF DIRECTORS OF THE NORMANDY SHORES LOCAL GOVERNMENT NEIGHBORHOOD IMPROVEMENT DISTRICT that, following a duly noticed public hearing on September 26, 2018, the City Commission, acting as the Board of Directors of the District, hereby adopts the final operating budget for the District for Fiscal Year 2018/19, as summarized and listed below: Revenues Ad Valorem Tax $ 165,000 City's General Fund 88.000 Total $ 253,000 Expenditures Security Services $ 198,000 Utilities and Maintenance 35,000 Security Improvements 20.000 Total $ 253,000 PASSED AND ADOPTED this 26`h day of September, 2018. ATTEST: 7. • ` =, t ' Q............. .�s�v�,..n of .is netZa- f - .` 4 11 Secretary to the Distr ct ! i+ 2 NCO; ""'� [ APPROVED AS TO NI ORA EDi FORM & LANGUAGE 2�:. I�,. .,'� ' r&� FOR reXECUTION CCN 2 "L " �..! �.. City Attorney yt Date Resolutions - R7 D MIAMI BEACH COMMISSION MEMORANDUM TO: Honorable Mayor and Members of the City Commission FROM: Jimmy L. Morales, City Manager DATE: September 26, 2018 5:02 p.m. Second Reading Public Hearing SUBJECT:A RESOLUTION OF THE BOARD OF DIRECTORS OF THE NORMANDY SHORES LOCAL GOVERNMENT NEIGHBORHOOD IMPROVEMENT DISTRICT ADOPTING THE FINAL OPERATING BUDGET FOR FISCAL YEAR 2018/19. RECOMMENDATION See attached Memorandum. Legislative Tracking Budget and Performance Improvement ATTACHMENTS: Description o FY 2019 Normandy Shores Operating Budget o Resolution Page 135 of 366 " A I r � \V! '�\ S ✓ d .� dt City of Miami Beach, 1700 Convention Center Drive, Miami Beach,Florida 33139,www.miamlbeochfl.gov COMMISSION MEMORANDUM TO: Mayor Dan Gelber and Members of the City Commission FROM: Jimmy L. Morales, City Manager DATE: September 26, 2018 SUBJECT: A RESOLUTION OF THE BOARD OF DIRECTORS OF THE NORMANDY SHORES LOCAL GOVERNMENT NEIGHBORHOOD IMPROVEMENT DISTRICT ADOPTING THE FINAL OPERATING BUDGET FOR FISCAL YEAR 2018/19 ADMINISTRATION RECOMMENDATION Adopt the Resolution which establishes the final operating budget for the Normandy Shores Local Government Neighborhood Improvement District for Fiscal Year 2018/19 in the amount of $253,000. BACKGROUND The Normandy Shores Local Government Neighborhood Improvement District, a dependent taxing district of its principal, the City of Miami Beach, was established in 1994 to provide continual 24- hour security to this gated community; Fiscal Year 2018/19 represents its twenty-fifth year of operation. The District was established by Ordinance 93-2881 and has the authority "to levy an ad-valorem tax on real and personal property of up to two mills,provided that no parcel of property will be assessed more than $500 annually for such improvements". During Fiscal Year 1998/99, the amount of annual funding to be provided by the City and the dependent status of the District were issues discussed by the Finance and Citywide Projects Committee (FCWPC). A determination was reached that the City would fund 35% of the annual cost of the operation of the community gate guard. This cost will eventually be funded from the golf course operation of the Normandy Shores Golf Course. It was further agreed that the City would continue to supplement the District at current levels until both issues were resolved. On August 29,2002,the Administration met with Normandy Shores Local Government Neighborhood Improvement District representatives and agreed to eliminate the $500 cap on the highest valued home in the District. This enabling legislation was adopted by the City Commission on September 25, 2002 and ensures that the City's contribution from the General Fund remains at 35% of the operating budget for the District. PROCEDURE The operating millage and budget for this dependent special taxing district must be adopted in accordance with Florida Statutes. This procedure requires that this Resolution be considered immediately after the final millage rate for the Normandy Shores Local Government Neighborhood Improvement District has been adopted(see accompanying District Millage agenda item for details). Page 136 of 366 FY 2018/19 Final Normandy Shores Budget September 26, 2018 Page 2 of 2 ANALYSIS The proposed Fiscal Year 2018/19 Normandy Shores Local Government Neighborhood Improvement District budget is$253,000.The budget reflects the following line-items requested by the representatives of the Normandy Shores Homeowners' Association on June 19, 2018 and subsequently approved by the Homeowners' Association on July 10, 2018: $198,000 for security guard services; $30,000 for gate maintenance and repairs; $3,000 for janitorial services; $2,000 for utilities; and$20,000 for acquisition and installation of an automated camera system.The proposed budget is $24,000, or 8.7%, lower than the adopted FY 2017/18 operating budget. The City of Miami Beach General Fund is required to provide 35% of the total operating expenditures and the City has funded the 35% for each of the twenty-four years since the District was established. For Fiscal Year 2018/19,the impact to the City of Miami Beach General Fund is $88,000, which is $8,000, or 8.3%, less than the adopted Fiscal Year 2017/18 budget impact of $96,000. To provide the current level of security required by the Normandy Shores Local Government Neighborhood Improvement District, the Administration recommends a proposed ad valorem millage of 0.8161 mills.This tax levy will generate proceeds of$165,000.The proposed millage rate is 0.1403 mills, or 14.7%, lower than the adopted Fiscal Year 2017/18 rate of 0.9564 mills, which represents a decrease in property tax of approximately $22 to a median homesteaded property owner and $57 to an average homesteaded property owner (2018's median and average homesteaded values being $186,172 and $473,353, respectively). On September 12, 2018, the City Commission, acting as the Board of Directors of the District, adopted the tentative operating budget for the District in the amount of$253,000 and the tentative operating millage rate of 0.8161 mills. The proposed Fiscal Year 2018/19 operating budget for the District is as follows: Revenues Ad Valorem Tax $ 165,000 City's General Fund 88 000 Total $ 253,000 Expenditures Security Services $ 198,000 Maintenance 35,000 Security Improvements 20,000 Total $ 253,000 CONCLUSION The City Commission, acting as the Board of Directors of the Normandy Shores Local Government Neighborhood Improvement District, should adopt the attached Resolution which establishes the final FY 2018/19 operating budget for the District of$253,000. JLM/JW/TOS Page 137 of 366