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LTC 294-2021 Budget Advisory Committee MotionMIAMI BEACH OFFICE OF THE CITY MANAGER LTC NO. 294-2021 LETTER TO COMMISSION TO: Honorable Mayor Dan Gelb and Members of the City Commission DATE: July 15, 2021 SUBJECT: Budget Advisory Committee Motion The purpose of this Letter to Commission (LTC) is to inform the Mayor and City Commission of a motion passed by the Budget Advisory Committee at its meeting on July 13, 2021. The Budget Advisory Committee recommends that the City Commission review the City's outstanding capital projects to determine if there are opportunities to adjust the scope of projects, in an effort to reduce funding gaps and if funding gaps still remain, create a strategic plan regarding the divestment of City of Miami Beach's assets. Motion made by Ron Starkman Motion second by: Jonathan Beloff Motion passed: 9-0 ATH/JW/TOS