Loading...
99-23277A RESO RESOLUTION NO. 99-23277 A A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING TENTATIVE BUDGETS FOR THE GENERAL, ENTERPRISE, AND INTERNAL SERVICE FUNDS FOR FISCAL YEAR 1999/00 SUBJECT TO A SECOND PUBLIC HEARING SCHEDULED FOR SEPTEMBER 22, 1999. BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the City of Miami Beach hereby adopts tentative budgets for the General, Enterprise, and Internal Service Funds for Fiscal Year 1999/00 as summarized and listed below, subject to a second public hearing scheduled for September 22, 1999. GENERAL ENTERPRISE INTERNAL SERVICE CATEGORY TOTALS REVENUES GENERAL OPERATING REVENUES Ad Valorem Taxes $47,360,635 $47,360,635 Ad Valorem Taxes-RDA So Pointe 3,663,237 3,663,237 Ad Valorem Taxes-RDA City Center 4,406,674 4,406,674 Ad Valorem Taxes-Normandy Shores 51,568 51,568 Other Taxes 17,925,900 17,925,900 Licenses and Permits 7,825,700 7,825,700 Intergovernmental Revenues 8,806,000 8,806,000 Charges for Services 1,701,580 1,701,580 Fines and Forfeits 1,156,000 1,156,000 Interest 4,172,000 4,172,000 Rents and Leases 922,335 922,335 M isce llaneous 6,426,161 6,426,161 Other 14,348,110 14,348,110 Fund Balance 854,000 854,000 Subtotal $119,619,900 $119,619,900 DEBT SERVICE Ad Valorem Taxes $8,862,678 $8,862,678 Reserves 1,300,000 1,300,000 Subtotal $10,162,678 $10,162,678 FUND TOTAL $129,782,578 $129,782,578 ENTERPRISE FUNDS Convention Center/TOPA Parking Sanitation Sewer Operations Storm Water Water Operations FUND TOTAL $11,038,558 14,289,150 4,695,742 26,813,135 3,345,000 17,221,000 $77,402,585 $11,038,558 14,289,150 4,695,742 26,813,135 3,345,000 17,221,000 $77,402,585 REVENUES (Continued) INTERNAL CATEGORY GENERAL ENTERPRISE SERVICE TOTALS INTERNAL SERVICE FUNDS Central Services $637,068 $637,068 Fleet Management 7,194,295 7,194,295 Information Technology 6,805,513 6,805,513 Property Management 4,759,280 4,759,280 Risk Management 10,702,755 10,702,755 FUND TOTAL $30,098,911 $30,098,911 TOTAL - ALL FUNDS $129,782,578 $77,402,585 $30,098,911 $237,284,074 APPROPRIATIONS INTERNAL DEPARTMENT DEPARTMENT/FUNCTION GENERAL ENTERPRISE SERVICE TOTALS ADMINISTRATION MA YOR & COMMISSION $717,304 $717,304 CITY MANAGER 1,252,016 1,252,016 CITY ATTORNEY 2,779,912 2,779,912 CITY CLERK 1,496,539 1,496,539 CHILDREN'S AFFAIRS 111,789 111,789 ARTS, CULTURE & ENTERTAINMENT 378,921 378,921 FINANCE 2,308,961 2,308,961 MANAGEMENT & BUDGET 458,505 458,505 INTERNAL AUDIT 312,943 312,943 HUMAN RESOURCES 1,196,670 1,196,670 RISK MANAGEMENT $10,702,755 10,702,755 COMM SERVICES & DEVELOPMENT BUILDING 2,811,569 2,811,569 CODE COMPLIANCE 1,583,724 1,583,724 PLANNING 1,627,613 1,627,613 COMM/ECON DEVELOPMENT 1,009,533 Community/Economic Development 868,987 Log Cabin 140,546 CONVENTION CENTER/TOPA $11,038,558 $11,038,558 PARKING 14,289,150 Administration 2,366,347 On-Street Parking 4,484,910 Off-Street Parking 5,251,787 Debt Service 2,186,106 BASS MUSEUM 900,636 900,636 PARKS AND RECREATION 16,424,793 Administration 288,199 Beach Patrol 4,255,738 Landscape Maintenance 3,534,338 Parks Maintenance 2,868,381 Recreation 5,478,137 APPROPRIATIONS (Continued) INTERNAL DEPARTMENT DEPARTMENT/FUNCTION GENERAL ENTERPRISE SERVICE TOTALS PUBLIC PROPERTY MANAGEMENT GENERAL SERVICES 19,923,267 Procurement 527,111 Central Services 637,068 Property Management 4,759,280 Information Technology 6,805,513 Fleet Management 7,194,295 PUBLIC WORKS 51,730,971 Adm in istration 314,641 Construction Management 1,056,359 Engineering 1,030,992 Environmental Resource Management 149,782 Streets/Streetlights 1,800,062 Sewer Operations 26,813,135 Storm Water 3,345,000 Water Operations 17,221,000 SANITATION 4,695,742 4,695,742 PUBLIC SAFETY FIRE 21,003,420 21,003,420 POLICE 41,873,786 41,873,786 CITYWIDE ACCTS 7,672,408 7,672,408 CITYWIDE ACCTS-RDA So Pointe 3,663,237 3,663,237 CITYWIDE ACCTS-RDA City Center 4,406,674 4,406,674 OPERA TING CONTINGENCY 750,000 750,000 Subtotal $119,619,900 $77 ,402,585 $30,098,911 $227,121,396 DEBT SERVICE Debt Service $8,862,678 $8,862,678 Arbitrage Rebate 1,300,000 1,300,000 Subtotal $10,162,678 $10,162,678 TOTAL - ALL FUNDS $129,782,578 $77,402,585 $30,098,911 $237,284,074 Passed and adopted this 13th day of September. 1999. J:;T: 1$ . V J' ~Uu,/,v-- CITY CLERK APPROVED AS TO MAYOR FORM & LANGUAGE & FOR EXECUTION AND BUDGET 1t~ 1#99 0. :ITY OF MIAMI BEACH ;ITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH, FLORIDA 33139 \ttp :\\ci.m iam i-beach. fl. us COMMISSION MEMORANDUM NO. ~ 9 TO: Mayor Neisen Kasdin and Members of the City C mission DATE: September 13, 1999 FROM: Sergio Rodriguez City Manager ~ SUBJECT: A RESOL I N OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING TENTATIVE BUDGETS FOR THE GENERAL, ENTERPRISE, AND INTERNAL SERVICE FUNDS FOR FISCAL YEAR 1999/00 SUBJECT TO A SECOND PUBLIC HEARING SCHEDULED FOR SEPTEMBER 22, 1999. ADMINISTRATION RECOMMENDATION The Administration recommends that the City Commission adopt the attached Resolution which establishes tentative budgets for the General, Enterprise, and Internal Service Funds for Fiscal Year (FY) 1999/00. PROCEDURE As outlined in the companion Agenda Item R 7 AI, Florida Statutes 200.065 specifies the manner in which budgets are adopted. First, the tentative millage rate for both general operating and debt service is adopted, then immediately thereafter, tentative budgets by fund are adopted. The attached Resolution is therefore presented to you at this time for adoption. ANAL YSIS On July 16, 1999, the Administration released a Proposed Budget totaling $119,537,900 for the General Fund balanced with 7.499 mills, exclusive of debt service. Subsequent to the release of the Proposed FY 1999/00 Budget, the Commission at its July 21, 1999 meeting set the proposed tentative operating millage at 7.499 mills, which maintains current basic service levels, fund operational costs for projects as they come on-line, and fund enhanced service levels as possible. The budget included a return of$2,000,000 of resort taxes to the City from the Miami Beach Visitors and Convention Authority to be used to assist the City in funding its tourism related costs. It also included new or increased services in the amotlnt of $1,740,000. These enhancements were in the areas of parks and streetscape maintenance, plan review and permitting process, neighborhood planning, two additional lifeguard locations, and enhanced security on Lincoln Road. In addition, the Administration has incorporated a few enhancements into the tentative budget for further consideration during the first public hearing. For clarity, we will enumerate each General Fund adjustment by revenue and expense category, and provide a brief explanation thereof. If a AGENDA ITEM R1A'Z; , q-/3-9g DATE Adopting Tentative Budgets - FY 1999/00 Page 2 September 13, 1999 revenue category or expenditure allocation is not enumerated in the proceeding pages, it is because there are no proposed adjustments. To provide consistency, the categories identified correspond to those major classifications and groupings identified in the proposed budget. SUMMARY OF ADJUSTMENTS The proposed budgets for General, Enterprise and Internal Service Funds, including debt service were revised from the July 21, 1999 level of$235,902,074 to $237,284,074, for an overall increase of $1 ,382,000, which equates to less than one percent. (See Attachment "A" for the revised General, Enterprise, and Internal Service Funds tentative budgets.) A. GENERAL FUND Revenues Interest - Revenues within this category were increased by $82,000 due to an increase in anticipated interest earnings resulting from recent adjustments in market rates. Expenditures Building - Additional funds of $13,000 were provided for the reclassification of an existing vacant position to manage the Departments records and archives. City Attorney - This budget was increased by $34,000 to provide funding for one paralegal position which was a vacant position that was removed from this budget during FY 1998/99. Finance - This budget was increased by $35,000 to provide funding for an additional cashier position to process payments for building permits, provide a separation of responsibilities and enhance customer service. GENERAL FUND SUMMARY OF ADJUSTMENTS (REVENUES AND EXPENDITURES): REVENUES Interest I TOTAL INCREASE Increases $ 82.000 $ 82,000 EXPENDITURES Building City Attorney Finance TOT AL INCREASE Increases $ 13,000 34,000 35.000 $ 82,000 Adopting Tentative Budgets - FY 1999/00 Page 3 September 13, 1999 B. DEBT SERVICE FUND Arbitrage Rebate - Funds are provided to rebate to the federal government excess interest earnings of approximately $1.3 million on funds borrowed from the Sunshine State Governmental Financing Commission in 1994. Federal law restricts interest earnings on tax exempt borrowings to a yield based on the rate at which the funds are borrowed. Essentially, the interest earnings on the invested proceeds can not exceed the interest expense on the debt. We are awaiting the final calculation of arbitrage interest but do not expect it to exceed the amount noted above. Funds have been reserved in the Debt Service Fund to meet this obligation. C. ENTERPRISE FUNDS PARKING Funds of $39,000 are provided in the Parking Department for a position assigned to and supervised by the City's Internal Auditor, who will perform daily auditing of revenues generated by the Parking System. This budget does not require an increase because the position is funded from the operating contingency provided in the proposed budget for the Parking Fund. CONCLUSION The Administration recommends adoption of the attached Resolution which incorporates the revisions enumerated above and establishes tentative budgets for General, Enterprise, and Internal Service Funds for Fiscal Year 1999/00, subject to a second public hearing scheduled for September 22, 1999. /jH SR:PDW:n ; Adopting Tentative Budgets - FY 1999/00 Page 4 September 13, 1999 Attachment A: REVENUES INTERNAL CATEGORY GENERAL ENTERPRISE SERVICE TOTALS GENERAL OPERATING REVENUES Ad Valorem Taxes $47,360,635 $47,360,635 Ad Valorem Taxes-RDA So Pointe 3,663,237 3,663,237 Ad Valorem Taxes-RDA City Center 4,406,674 4,406,674 Ad Valorem Taxes-Normandy Shores 51,568 51,568 Other Taxes 17,925,900 17,925,900 Licenses and Permits 7,825,700 7,825,700 Intergovernmental Revenues 8,806,000 8,806,000 Charges for Services 1,701,580 1,701,580 Fines and Forfeits 1,156,000 1,156,000 Interest 4,172,000 4,172,000 Rents and Leases 922,335 922,335 Miscellaneous 6,426, 161 6,426,161 Other 14,348,110 14,348,110 Fund Balance 854,000 854,000 Subtotal $119,619,900 $119,619,900 DEBT SERVICE Ad Valorem Taxes $8,862,678 $8,862,678 Reserves 1,300,000 1,300,000 Subtotal $10,162,678 $10,162,678 FUND TOTAL $129,782,578 $129,782,578 ENTERPRISE FUNDS Convention Center/TOPA $11,038,558 $11,038,558 Parking 14,289,150 14,289,150 Sanitation 4,695,742 4,695,742 Sewer Operations 26,813,135 26,813,135 Storm Water 3,345,000 3,345,000 Water Operations 17,221,000 17,221,000 FUND TOTAL $77,402,585 $77,402,585 INTERNAL SERVICE FUNDS f Central Services $637,068 $637,068 Fleet Management 7,194,295 7,194,295 Information Technology 6,805,513 6,805,513 Property Management 4,759,280 4,759,280 Risk Management 10,702,755 10,702,755 FUND TOTAL $30,098,911 $30,098,911 TOTAL - ALL FUNDS $129,782,578 $77,402,585 $30,098,911 $237,284,074 Adopting Tentative Budgets - FY 1999/00 Page 5 September 13, 1999 Attachment A (Continued): APPROPRIATIONS INTERNAL DEPARTMENT DEPARTMENT/FUNCTION GENERAL ENTERPRISE SERVICE TOTALS ADMINISTRA TION MA YOR & COMMISSION $717,304 $717,304 CITY MANAGER 1,252,016 1,252,016 CITY ATTORNEY 2,779,912 2,779,912 CITY CLERK 1,496,539 1,496,539 CHILDREN'S AFFAIRS 111,789 111,789 ARTS, CULTURE & ENTERTAINMENT 378,921 378,921 FINANCE 2,308,961 2,308,961 MANAGEMENT & BUDGET 458,505 458,505 INTERNAL AUDIT 312,943 312,943 HUMAN RESOURCES 1,196,670 1,196,670 RISK MANAGEMENT $10,702,755 10,702,755 COMM SERVICES & DEVELOPMENT BUILDING 2,8 I 1,569 2,811,569 CODE COMPLIANCE 1,583,724 1,583,724 PLANNING 1,627,613 1,627,613 COMM/ECON DEVELOPMENT 1,009,533 Community/Economic Development 868,987 Log Cabin 140,546 CONVENTION CENTER/TOPA $11,038,558 $11,038,558 PARKING 14,289, I 50 Adm in istration 2,366,347 On-Street Parking 4,484,910 Off-Street Parking 5,251,787 Debt Service 2,186,106 BASS MUSEUM 900,636 900,636 PARKS AND RECREATION 16,424,793 Administration 288,199 Beach Patrol 4,255,738 Landscape Maintenance 3,534,338 Parks Maintenance 2,86~,381 Recreation 5,478,137 PUBLIC PROPERTY MANAGEMENT GENERAL SERVICES 19,923,267 Procurement 527,1 II Central Services 637,068 Property Management 4,759,280 Information Technology 6,805,513 Fleet Management 7,194,295 Adopting Tentative Budgets - FY 1999/00 Page 6 September 13, 1999 Attachment A (Continued): APPROPRIA TIONS (Continued) INTERNAL DEPARTMENT DEP AR TMENT/FUNCTION GENERAL ENTERPRISE SERVICE TOTALS PUBLIC WORKS 51,730,971 Adm in istration 314,641 Construction Management 1,056,359 Engineering 1,030,992 Environmental Resource Management 149,782 Streets/Streetlights 1,800,062 Sewer Operations 26,813,135 Storm Water 3,345,000 Water Operations 17,221,000 SANITATION 4,695,742 4,695,742 PUBLIC SAFETY FIRE 21,003,420 21,003,420 POLICE 41,873,786 41,873,786 CITYWIDE ACCTS 7,672,408 7,672,408 CITYWIDE ACCTS-RDA So Pointe 3,663,237 3,663,237 CITYWIDE ACCTS-RDA City Center 4,406,674 4,406,674 OPERA TING CONTINGENCY 750,000 750,000 Subtotal $119,619,900 $77,402,585 $30,098,91 I $227,12 I ,396 DEBT SERVICE Debt Service $8,862,678 $8,862,678 Arbitrage Rebate 1,300,000 1,300,000 Subtotal $10, I 62,678 $10,162,678 TOT AL - ALL FUNDS $129,782,578 $77,402,585 $30,098,911 $237,284,074 I