Resolution 2025-33684 RESOLUTION NO. 2025-33684
A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE
CITY OF MIAMI BEACH, FLORIDA, ADOPTING THE SECOND
AMENDMENT TO THE FISCAL YEAR 2025 OPERATING BUDGET
FOR THE NORTH BEACH COMMUNITY REDEVELOPMENT AREA.
WHEREAS, in accordance with Section 189.016, Florida Statutes, the governing
body of the North Beach Community Redevelopment Agency, operating as a special
district, is required to adopt a budget by resolution each fiscal year and may amend the
budget at any time, but not later than within 60 days following the end of the fiscal year;
and
WHEREAS, the operating budget for the North Beach Community
Redevelopment Area for Fiscal Year (FY) 2025 was adopted by the Mayor and City
Commission on September 25, 2024, through Resolution No. 2024-33298, and also
adopted by the Chairperson and Board of Directors of the North Beach Community
Redevelopment Agency on September 25, 2024, through Resolution No. 021-2024; and
WHEREAS, the First Amendment to the operating budget for the North Beach
Community Redevelopment Area for FY 2025 was adopted by the Mayor and City
Commission on November 20, 2024, through Resolution No. 2024-33397, and also
adopted by the Chairperson and Board of Directors of the North Beach Community
Redevelopment Agency on November 20, 2024, through Resolution No. 023-2024; and
WHEREAS, at the April 23, 2025 City Commission meeting, the Mayor and City
Commission adopted Resolution No. 2025-33641, approving the recommendation of the
North Beach CRA Advisory Committee to allocate funding in an amount not to exceed
$1.5 million for the design, development, and construction of the Biscayne Beach
Elementary Schoolyard Project that is within the boundaries of the North Beach
Community Redevelopment Area, which was also adopted by the Chairperson and
Board of Directors of the North Beach Community Redevelopment Agency on April 23,
2025, through Resolution No. 028-2025; and
WHEREAS, as a result, this proposed budget amendment is to realign $1.5
million of existing funding that is currently appropriated in the FY 2025 North Beach
Community Redevelopment Area operating budget for future projects to the Biscayne
Beach Elementary Schoolyard Project in the FY 2025 North Beach Community
Redevelopment Area capital budget; and
WHEREAS, pursuant to the Interlocal Agreement dated October 4, 2021,
between the City of Miami Beach, Miami-Dade County, and the North Beach
Community Redevelopment Agency, the City Commission must approve any
amendment to the annual budget.
NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY
COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that following a duly
noticed public hearing on May 21, 2025, the Mayor and City Commission hereby adopt
the Second Amendment to the North Beach Community Redevelopment Area operating
budget for FY 2025 as set forth in the attached Exhibit "A."
PASSED and ADOPTED this (2/ day of Ar4Ti , 2025.
ATTEST: ��
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A Steven Meiner, Mayor
/7'4 MAY 2 7 2025
Rafael E. Granado, City Clerk
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Exhibit "A"
City of Miami Beach
North Beach Community Redevelopment Area
Operating Budget
FY 2025 2nd Budget FY 2025
Amended Budget Amendment Revised Budget
Revenues and Other Sources of Income
Tax Increment-City $ 1,396,000 $ 1,396,000
Tax Increment-County $ 1,090,000 $ 1,090,000
Interest Income $ 20,000 $ 20,000
Fund Balance/Prior Year Surplus $ 2,475,000 $ (1,500,000) $ 975,000
TOTAL REVENUES $ 4,981,000 $ (1,500,000) $ 3,481,000
Admin/Operating Expenditures
CMB Administration $ 112,000 $ 112,000
County Admin Fee $ 17,000 $ 17,000
Total Admin/Operating Expenditures $ 129,000 $ - $ 129,000
Project Expenditures
Small Business Development $ 97,000 $ 97,000
Beautification $ 342,000 $ 342,000
Arts&Culture $ 175,000 $ 179,000
Enhanced Services
Community Policing $ 239,000 $ 239,000
Code Compliance $ 130,000 $ 130,000
Community Cleanliness $ 66,000 $ 66,000
Total Project Expenditures $ 1,049,000 $ - $ 1,049,000
Reserves,Debt Service and Other Obligations
Set-aside for Affordable&Workforce Housing $ 1,867,000 $ 1,867,000
Set-aside for Future Projects $ 1,936,000 $ (1,500,000) $ 436,000
Total Reserves,Debt Service&Other Obligations $ 3,803,000 $ (1,503,000) $ 2,303,000
TOTAL EXPENDITURES AND OBLIGATIONS $ 4,981,000 $ (1,500,000) $ 3,481,000
SURPLUS/(GAP) $ - $ - $ -
Resolutions - R7 G
MIAMI BEACH
COMMISSION MEMORANDUM
TO: Honorable Mayor and Members of the City Commission
FROM: Eric Carpenter, City Manager
DATE: May 21, 2025 10:05 a.m. Public Hearing
TITLE: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF
MIAMI BEACH, FLORIDA, ADOPTING THE SECOND AMENDMENT TO THE
FISCAL YEAR 2025 OPERATING BUDGET FOR THE NORTH BEACH
COMMUNITY REDEVELOPMENT AREA. JOINT CITY COMMISSION AND
NBCRA
RECOMMENDATION
The Administration recommends that the City Commission adopt the attached Resolution.
BACKGROUND/HISTORY
In accordance with Section 189.016, Florida Statutes, the governing body of the North Beach
Community Redevelopment Agency, operating as a special district, is required to adopt a budget
by resolution each fiscal year and may amend the budget at any time, but not later than within 60
days following the end of the fiscal year.
The operating budget for the North Beach Community Redevelopment Area for Fiscal Year (FY)
2025 was adopted by the Mayor and City Commission on September 25, 2024, through
Resolution No. 2024-33298, and also adopted by the Chairperson and Board of Directors of the
North Beach Community Redevelopment Agency on September 25, 2024, through Resolution
No. 021-2024.
The First Amendment to the operating budget for the North Beach Community Redevelopment
Area for FY 2025 was adopted by the Mayor and City Commission on November 20, 2024,
through Resolution No. 2024-33397, and also adopted by the Chairperson and Board of Directors
of the North Beach Community Redevelopment Agency on November 20, 2024, through
Resolution No. 023-2024.
ANALYSIS
NORTH BEACH CRA ANALYSIS
North Beach CRA Revenues
Revenues for the North Beach Community Redevelopment Area are mainly comprised of City
and County Tax Increment funds.
North Beach CRA Expenditures
Expenditures for the North Beach Community Redevelopment Area include project-related
expenditures that are allocated for community policing initiatives, enhanced levels of Code
Compliance staffing and services, and additional cleanliness and beautification.
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Also included are expenditures for a Commercial Facade Improvement Program to improve area
aesthetics and promote business attraction and retention, a Residential Property Improvement
Program to promote the maintenance of naturally occurring affordable housing stock and
resiliency, Arts and Culture related tourism and branding, and small business development.
Other expenditures include administrative expenditures, County and City administrative fees, a
set-aside for workforce and affordable housing, and a set-aside for future projects.
NORTH BEACH CRA OPERATING BUDGET AMENDMENT
Pursuant to the Interlocal Agreement dated October 4, 2021, between the City of Miami Beach,
Miami-Dade County, and the North Beach Community Redevelopment Agency, the City
Commission must approve any amendment to the annual budget.
At the April 23, 2025 City Commission meeting, the Mayor and City Commission adopted
Resolution No. 2025-33641, approving the recommendation of the North Beach CRA Advisory
Committee to allocate funding in an amount not to exceed $1.5 million for the design,
development, and construction of the Biscayne Beach Elementary Schoolyard Project, which is
within the boundaries of the North Beach Community Redevelopment Area. The funding for this
project was also approved by the Chairperson and Board of Directors of the North Beach
Community Redevelopment Agency on April 23, 2025, through Resolution No. 028-2025.
As a result, this proposed budget amendment is to realign $1.5 million of existing funding that is
currently appropriated in the FY 2025 North Beach Community Redevelopment Area operating
budget for future projects to the Biscayne Beach Elementary Schoolyard Project in the FY 2025
North Beach Community Redevelopment Area capital budget. Additional details regarding this
project are included in the companion FY 2025 North Beach Community Redevelopment Area
capital budget amendment agenda items.
FISCAL IMPACT STATEMENT
See detailed information above.
Does this Ordinance require a Business Impact Estimate?
(FOR ORDINANCES ONLY)
If applicable, the Business Impact Estimate (BIE)was published on:
See BIE at: https://www.miamibeachfl.govlcity-hall/citvclerk/meeting-notices/
FINANCIAL INFORMATION
See detailed information above.
CONCLUSION
The Administration recommends that the Mayor and City Commission adopt the Second
Amendment to the North Beach Community Redevelopment Area operating budget for FY 2025
as described herein and further detailed in the attached Exhibit "A."
EC/JDG/TOS/RA
Applicable Area
North Beach
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Is this a "Residents Right to Know" item Is this item related to a G.O. Bond
pursuant to City Code Section 2-17? Project?
Yes No
Was this Agenda Item initially requested by a lobbyist which, as defined in Code Sec. 2-481
includes a principal engaged in lobbying? No
If so, specify the name of lobbyist(s) and principal(s).
Department
Management and Budget
Sponsor(sl
Co-sponsor(sl
Condensed Title
10:05 a . PH, Joint, Adopt 2nd Amendment to NBCRA Operating Budget for FY 2025. OMB
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EXHIBIT A
City of Miami Beach
North Beach Community Redevelopment Area
Operating Budget
FY 2025 2nd Budget FY 2025
Amended Budget Amendment Revised Budget
Revenues and Other Sources of Income
Fax Increment-City 5 1,396,000 $ 1,396,000
Tax Increment-County $ 1,090,000 $ 1,090,000
Interest Income $ 20,000 $ 20,000
Fund Balance/Prior Year Surplus $ 2,475,000 $ (1,500,000) $ 975,000
TOTAL REVENUES $ 4,981,000 $ (1,500,000) $ 3,481,000
Admin/Operating Expenditures
CMG Administration $ 112,000 $ 112,000
County Admin Fee $ 17,000 $ 17,000
Total Admin/Operating Expenditures $ 129,000 $ - $ 129,000
Project Expenditures
Small Business Development $ 97,000 5 97,000
Beautification $ 342,000 $ 342,000
Arts&Culture $ 175,000 $ 175,000
Enhanced Services
Community Policing $ 239,000 $ 239,000
Code Compliance $ 130,000 $ 130,000
Community Cleanliness $ 66,000 $ 66,000
Total Project Expenditures $ 1,049,000 $ - $ 1,049,000
Reserves,Debt Service and Other Obligations
Set-aside for Affordable&Workforce Housing $ 1867,000 $ 1,867,000
Set-aside for Future Projects $ 1,936,000 $ (1,500,000) $ 436,000
Total Reserves,Debt Service 8 Other Obligations $ 3,803,000 $ (1,500,000) $ 2,303,000
TOTAL EXPENDITURES AND OBLIGATIONS $ 4,981,000 $ (1,500,000) $ 3,481,000
SURPLUS/(GAP) $ - $ - $ -
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