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R7A-Adopt 4th Amendment Gen -Ent -Int Serv -Special Rev Fund Budgets FY 14-15COMMISSION 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)2014t15 rrEilr R7A Ensure expenditure trends are sustainable over the long term. Data: N/A ltem Summary/Recommendation : The budgets for the General Fund, Enterprise Funds, lnternal Service Funds, and Special Revenue Funds for FiscalYear 2014115 were approved on December 4,2014, with the adoption of Resolution No. 2014- 28860. The First Amendment to the General Fund, Enterprise Funds, lnternal Service Funds, and Special Revenue Funds budgets for FY 2014115 was approved on December 17,2014, by resolution2014-28864. The Second Amendment was approved on Febru ary 11 ,201 5, by resolution 2O15-28919. The Third Amendment was approved on June 10, 2015 by resolution # 2015-29047. Section 166.2a1@)(c.), Florida Statutes, requires that a municipality's budget amendment must be adopted in the same manner as the original budget. Per Florida Statute 166.241, the City has 60 days following the end of the fiscal year to amend a budget for that year. Proposed budget amendments represent the budget amendment required by state lawforfunds, departments, or accounts that exceed their appropriated authority. Based on a detailed third quarter analysis comparing FY 2014115 actual expenditures to budget which will be distributed separately via Letter to Commission (LTC), all expenditures are within FY2014l15 amended budgets per their appropriated authority. The only exceptions are listed below and require a budget amendment per Florida Statute. General Fund: Communications and Citywide Accounts Special Revenue Funds: Sth & Alton Garage and Normandy Shores It should be noted that actual expenditures to date are preliminary in nature due to the fact that the City's financial records will not be closed until after the external auditors complete their review. Historically, this occurs in April, with the City's Comprehensive Annual Financial Report (CAFR) For the Year Ended September 30, 2015, usually available in May and the External Auditor's Report available in July. However, this analysis has considered all year-end entries to date and adjusted for pending entries where appropriate. Financial lnformation: Source of Funds w Amount Account $10,000 5"' & Alton Garage Fund Balance $15,000 Normandy Shores Fund Balance $25,000 TotalAll Funds John Woodruff, OBPI Director Assistant City Manager & MIAMIBHACH BArE l0 - zl-ls38 g AAIAMIBTACH City of Miomi Beoch, l7O0 Convention Cenler Drive, Miomi Beoch, Florido 33139, www.miomibeochfl.gov MEMORANDUM TO:Mayor Philip Levine and Members of City FRoM: Jimmy L. Morales, City Manager DATE: October 21,2015 SUBJECT: A RESOLUTION OF THE MAYOR D CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADO THE FOURTH AMENDMENT TO THE GENERAL FUND, ENTERPRISE INTERNAL SERVICE FUND, AND SPECTAL REVENUE FUND BUDGETS FOR FISCAL YEAR (FY)2014115. ADMINISTRATION RECOMM ENDATION Adopt the resolution amending the FY 2014115 General Fund, Enterprise Funds, lnternal Service Funds, and Special Revenue Funds budgets. COMPLIANGE WITH FLORIDA STATUTES The First Amendment to the General Fund, Enterprise Funds, lnternal Service Funds, and Special Revenue Funds budgets for FY 2014115 was approved on December 17, 2014, by resolution 2014-28864. The Second Amendment was approved on February 11, 2015, by resolution 2015-28919. The Third Amendment was approved on June 10, 2015 by resolution # 2015-29047. Section 166.241(4Xc.), Florida Statutes, requires that a municipality's budget amendment must be adopted in the same manner as the original budget. Per Florida Statute 166.241, the City has 60 days following the end of the fiscal year to amend a budget for that year. Proposed budget amendments represent the budget amendment required by state law for funds, departments, or accounts that exceed their appropriated authority. Based on a detailed analysis comparing third quarter FY 2014115 actual expenditures to budget which will be distributed separately via Letter to Commission (LTC), all expenditures are within FY2014115 amended budgets per their appropriated authority. The only exceptions are listed below and require a budget amendment per Florida Statute. General Fund: Communications and Citywide Accounts Special Revenue Funds: sth & Alton Garage and Normandy Shores It should be noted that actual expenditures to date are preliminary in nature due to the fact that the City's financial records will not be closed until after the external auditors complete their review. Historically, this occurs in April, with the City's Comprehensive Annual Financial Report (CAFR) For the Year Ended September 30, 2015, usually available in May and the External 39 Fourth Amendment to the FY 2014115 General Fund, Enterprise, lntemal Service and Special Revenue Funds Budgets Page2 Auditor's Report available in July. However, this analysis has considered all year-end entries to date and adjusted for pending entries where appropriate. PROPOSED AMENDMENTS TO THE GENERAL FUND Preliminary year-end actual expenditures show that the following departments are projected to exceed their amended budget. This variance is made up from savings in several department budgets. A comparison of actual expenditures to the amended budget by Department is provided in Schedule A. The following departments require budget amendments. Communications - The department is preliminarily estimated to be above the amended budget by approximately $50,000. The variance is due primarily to the some key positions being filled at higher salaries than budgeted. 3ommunications Amended Budget Preliminary Actual Difference o/o Overl (Underl Expenditures 1,410,000 1,460,000 50.000 3.1o/t Citywide Accounts- This account is preliminarily estimated to be above the amended budget by approximately $220,000. This is primarily due to accumulated leave payouts projected to exceed the budget by over $800,000. This overage is projected to be offset by other line items being under budget. Citvwide Account Amended Budget Preliminary Actual Difference % Overl (Under' Expenditures 18j22.000 18,342,000 220.000 1.201 PROPOSED AMENDMENT TO THE SPECIAL REVENUE FUNDS The City of Miami Beach currently offers certain programs and activities not supported through the general operating budget, but by outside agency grants and self-supporting user fee programs. These Special Revenue Fund Budgets include: o Resort Tax Fund;o 7th Street Garage Operations;. Sth & Alton Garage Operations;. Art in Public Places;o Tourism and Hospitality Scholarship Program;. Green/SustainabilityFund;o Waste Hauler Additional Services and Public Benefit Contribution Fund; o Education Compact Fund;o Red Light Camera Fund;o Emergency 911 Fund;o lnformation and Communications Technology Fund; o People's Transportation Plan Fund; 40 Fourth Amendment to the FY 2014115 General Fund, Enterprise, lntemal Service and Special Revenue Funds Budgets Page 3 . Concurrency Mitigation Fund;r Miami Beach CulturalArts Council;o Police Special Revenue Account;. Police Confiscation Trust Funds (Federal and State); and. Police Training and School Resources Fundo Residential Housing. Normandy Shoreso Transportation Fund All special revenue funds are projected to be at or under the amended budget, except for the 5h & Alton Garage, which is projected to be above budget by $10,000, primarily due to contract maintenance expenditures trending higher than budgeted for the 2014115 fiscal year; and the Normandy Shores budget, which is projected to be over budget by $t5,000, primarily due to repairs to the entrance gate. CONCLUSION The resolution amending FY 2014115 budgets will allow amendments to the General Fund, and Special Revenue Fund budgets to be enacted. This action is necessary to comply with Florida Statute 166.241, which stipulates that the City has 60 days following the end of the fiscal year to amend a budget for that year. JLM/JW 41 SCHEDULE A FY 2OI4I75 GENERAL FUND FY zOL lLs Adopted Budpet Amended 2OL4lL5 Budset Amended 20L4lts Budget as of 10-21-1s REVENUES Ad Valorem Taxes Ad Valorem Taxes-S Pte Costs Ad Valorem Cap Renewal & Replac Ad Valorem Taxes-Normandy Shores Other Taxes Licenses and Permits lntergovemmental Charges for Services Golf Courses Fines and Forfeitures lnterest Rents and Leases Miscellaneous Other-Resort Tax Contribution Other-Non-Operating Revenues Reserve-Building Department Ops Prior Year-End Surplus Carryover Prior Year Surplus from Parking Fund LL4,420,OO0 11,159,000 2,180,000 145,000 24,389,000 26,111,000 10,496,000 4,8t2,000 6,19&000 2,435,000 3,285,000 7,L20,000 12,581,000 34,084,000 9,075,000 1,500,000 1,687,000 I400.000 L14,420,O00 11,159,000 2,180,000 145,000 24,389,000 26,26L,ON 10,496,000 4,812,000 6,198,000 2,436,O@ 3,285,000 7,L20,0@ 12,581,000 34,359,000 9,076,000 1,500,000 6,511,000 8.400.000 LL4,420,000 11,159,0@ 2,180,000 145,000 24,389,0@ 26,25L,00O 10,496,000 4,812,O00 6,198,000 2,436,O00 3,285,000 7,120,000 1es8L000 34,359,000 9,075,000 1,500,000 6,511,000 R 400 000 rOTAL REVENUES Jnrealized Gains/(Losses) 280,079,000 285,328,000 285,328,000 TOTAL NET OF UNREALIZED GAINS/(LOSSES)280.079.000 285,328,000 285,328,000 Mayor and Commission City Manager Communications Office of Budget & Performance lmprov Organizational Development & Perf lnitiatives Finance Procurement Human Resources/Labor Relations City Clerk City Attorney Housing & Comm Services Building Planning Tourism, Cultural, & Economic Development Code Compliance Parks and Recreation Public Work Capital lmprovement Projects Police Fire Emergency Management Citywide Accounts & Operating Contingency Citywide-Normandy Shores Citywide-Transfers-Capital lnvestment Upkeep Fund Citywide-Transfers-lnfo & Comm Technology Fund Citywide-Transfers-Pay-As-You Go Capital Fund Capital Renewal & Replacement Capital Projects Not Financed By Bonds-MUNIS Reserve-Future Buildins DeDt Needs 1,916,000 3,415,000 1,410,000 2,242,@O 572,O@ 5,308,000 1,657,000 2,L72,OO0 1,374,@O 5,017,000 2,40s,@o 13,s90,000 3,920,000 3,s09,000 5,553,000 29,t47,@O 10,911,000 4,903,000 94,86s,000 63,284,000 8,8s3,000 9,s94000 222,000 2ss,000 395,000 1,400,000 2,180,000 1,916,000 3,415,000 1,410,000 2,262,O00 572,000 5,308,000 1,670,000 2,195,000 1,374,000 5,017,000 2,405,000 13,590,000 3,936,0q) 3,509,000 5,599,000 29,775,000 11,014,000 4,903,000 95,085,000 63,394,000 8,857,000 10,705,000 222,O00 255,000 395,000 1,400,000 2,180,000 1,500,000 1.454.000 50,000 (270,0001 220,000 1,916,000 3,415,000 1,460,000 2,262,O@ 572,O@ 5,308,000 1,670,000 2,195,000 1,374,000 5,017,000 2,405,000 13,590,000 3,936,000 3,509,000 5,599,000 29,505,000 11,014,000 4,903,000 9s,085,000 63,394,000 8,857,000 10,925,000 222,O@ 255,O00 395,000 1,400,000 2,180,000 1,5oo,ooo 1.464.000 IOTAL EXPENDITURES 280.079.0(x)28s,328,000 285,328,000 EXCESS OF REVENUES OVER/(UNDER) EXPENDITURES EXCESS OF REVENUES OVER/(UNDERI EXPENOITURES Nsf oF UNREALTZED GATNS/ILOSSES) ON INVESTMENTS 42 FY 2OL4/ts Adantpd Brrdgpt Amended 2074/75 Budeet Proposed Budg€li: =.ameadmeh! ::i: :.:19"21*n5 ::jii il Amended 20l4l]..5 Budget as of 1G21-15 ENTERPRISE FUNDS REVE N U E/,EXP.EN.DIru RE Convention Center S_anltation .. Sewer Operations Stormwate r O p! !i,atio;-r"9 Water Operations Total Enterprise Funds I NTERNAL SERVI CE FU",ND.S-...-...- REVENUE/EXPENDlruRE Central Services Fleet Manageme-nt lnformation Tech nology Property Management Risk Management Med-lc,al $- Dentat ! nsqlangg-. .. Total lnternal Service Funds L2,162,W 2_Ottr;7!W- 43,276,W 20,ry!w- 33.428.000 l71762!ry ^ 20,430,000 | 43,276,W: : 20.813.000 : 33.428.000 L),L62,W so,207,w 20,430,000 +3,276,W- ?0r813rW9 33,428,000 t79,W,W 180,316,mO 180,316,000 i,,w,,,ooo Lo,7!J,Wl 1sr9?etgqg 9,754,@O 14,524,@O 26.696.m0 1,045,q09 LO,747tW 1.s,s2&q9 9,770,W 14s30-999 25.696.O00 1,glq.qqg tol47,ry 1s,928,q99 9,TtO!ry 14s30,0o0 26,696,000 78,396,(x)0 78,7L7,W 78,7L7,m sPECrAr REVENU ES FU N.D9 REVENUE/EXPENDIruRE Resort Tax 7th Street Garage 5th & Alton Garage Arts in Public Places Tourism and Hospitality Scholarship Programs Education Compact 52,889,QQO , ._." 2,3810QQ , ssTrQQp- ,, 720.gp9 ii 1 2,00"O . . 107,000 ..8J5,900 388,000 1,307r000 2z2,q.o 1.4sO-gqg- 2!73_9,W:l s8o-qqg_ 776,W. Tspgq 4s,q,o-q 77,W Red Light Camera Fund E-911 Fund Cultural Arts Council Normandy Shores People's Transportation Plan Fund Transportation Fund eol ic9...-!-9-11f lgca!! o n-Fe d ergt .P,o!"!_*...."-"c"p:tf ilc.et!o-n--St9te._... Police Special Revenue Potice Train!ne Waste Hauler Fund Resi(ent-Ql.Hougf n"g !1og1g.ry_ . . lnformation and Communication Tech Fund Total Special Revenue Funds 395,000 391000 6s,636-qg0 a38s,oqg s.87,9q 7-8sfgq -L!2,ry 107,000 6s,536,000 i" ..-"-,1 2!38:5tW i ..-sPZ..-qW- zqg,ooo- 14:2tg4- i 104Qq,0_ i .. . 9s6,9Q,0 , ... .895r@o_ i 433,009 : t,4€;7,ry i .... ?70,000 , : L,677_!W' 7,396,W. 7!}@: 2_77!ry--': 7s.goq 45,999 ..............*77-.99-0, 476-rgqg- l 39s,000 : ..8s--6p9.0_ 433,99q i 1,4€;7try ) ?"ss,q!.q t!€;77!W: 7:396,q99 ; 713,W9--.", - ?"7J..W' 71ry:l 45,W: Tt,w: 476,W I 11000 i FY 2OL4/ts Adonted Rrrdoet Amended 20].4/15 Budset Proposed 8ud -" .: Am€.n q.n[ i:., 1G21--15 i Amended 2014/tS Budget as of 1G21-15 FY2O!4/Ls Adnnted Brrdoet Amended 2Ot4/15 Budeet rrc'i#sdd audge! endmenffij r:,:10-21i[5 ifff;fr Amended 2074/L5 Budget as of 1G21-15 75,536,fi)O 84,184,000 25,000 84,209,q)O 43 !&u!+I ftt(Efr tt lElS *f,,.E{m!a&(0*N€TGHBORS I I leNE MIAMIBTACH CITY OF MIAMI BEACH NOTICE OF PUBLIG HEARINGS ocToBER 21,2A15 NOTICE IS TIEREBY given that the following public hearings witl be held by the Mayor and City Commissioners of the City of Miami Beach. Florida, in the Comrnission Chambers, Third Floor, City Hall, 1700 Conventior: Cantar Drive, Miami Beach, Florida, on October 21.2015, at the times listed, or as sQon th€reafter as the matter can be heard: 5:05 p.m, An Ordinance AmendingThe Code OfThe Caty Of Miaml Beacfr. Florida By Amending Chapter 142, "Zoniag Districts And Regulationsj' Article ll. " District Regulationsj' Division 5, " CD-z Commercial Mediu nr lntensity Districtj' At Section '!42-305, "Prohibited Usesj' By Adding Bars. Dance Halls, And Entertainmant Estabtishments As Prohibited Uses Within The CD-Z, Sunset Harbour Neighborhood, Generally Bounded By Purdy Avenue, 20ch Street, Alton Road And Dade Boulevard; Providing For Codification; Flepealer; Severability; Applicability; And An Effective Date. tnquiries may be directed to the Planning Oepariment at 305.673.7550- 5106 p.m. A Resolution AdoptingThe Fourth ArnEndmentToThe General Fund, Enterprise Fund, lnternal Service Fund, And Special Bevenue Fund Budgets For FiscalYear (FY) 2014115. lnquiries may be directed to the Budget & Performance lmprovement Department at 305.673.751O. TNTERESTED PAHTIES are invited to appear at this meeting, or be represented by an agent, or to express their views in writing addressed to the City Commission, clo the City Clerk, '1700 Convention Center Drive, 1*t Floor, City Hall. Miami Beach, Florida 33'139. Copies of these items are available for public inspection during norrnal business hours in the Office of the City Clerk, 1700 Convention Center Drive, 1o FIoot City Hall, Miami Beach, Ftorida 33139.This meeting, or any item herein, may be continued, and under such circumstances, additional legal notice need n$t be provided. Pursuant to Section 28S.0105, Fla- Stat., the City hereby advises the public that if a person decidas to appeal any decision rtrade by the City Commission with re€pect to any matter considered at its meeting or its hearing, sueh person must ensLre that a verbatim record of the proceedings is rnade, which record includes the testimony and evidence upon which the appeal isto be based.Tlris notice does nct conslitute eonsent by the City for the introduction or admission of otherwise inadmissible or irrelevani evidence, nor does it authorize challenges or appeals not otherwise allowed by law. To reqr:est this material in alternate format, sign language interpreter (five-day notice required), information oil access for persons with disabilities, and/or any accommodation to revlew any document or participate in any City-sponsored prcceedings, calt 305.604-2449 and select 1 for English or 2 for Spanish, then option 6;TTY usors may call via711 {Florida Relay Service). Rafael E. Granado, CitY Clerk City of Miami Beach Ad 11s0 44 RESOLUTION TO BE SUBMITTED 45