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2004-25703 Reso RESOLUTION NO. 2004-25703 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROPRIATING AN ADDITIONAL $100,000 IN MIAMI-DADE COUNTY TRANSIT SURTAX FUNDS FOR THE FISCAL YEAR (FY) 2003-04 ELECTROWAVE SHUTTLE (CURRENTLY REFERRED TO AS "THE LOCAL SHUTTLE") OPERATING BUDGET; SUCH ADDITIONAL FUNDS COMING FROM THE ESTIMATED $2.5 MILLION MIAMI BEACH SHARE OF MIAMI-DADE TRANSIT SURTAX COLLECTIONS DURING FY 2003-04, TWENTY PERCENT OF WHICH IS REQUIRED TO BE UTILIZED FOR LOCAL TRANSIT PROJECTS, EACH AND EVERY YEAR; AND FURTHER REIMBURSING THE PARKING FUND $100,000 OF THE $1.1 MILLION APPROPRIATED FOR FY 2003-04 SHUTTLE OPERATING PURPOSES, BY RESOLUTION NO. 2003-25354, DATED SEPTEMBER 18, 2003. WHEREAS, Resolution No, 2003-25355, dated September 18, 2003, appropriated $400,000 in Miami-Dade County Transit Surtax as part of the funding sources for the adopted $2,336 million Fiscal Year (FY) 2003-04 Electrowave Shuttle (now referred to as "The Local Shuttle") Operating Budget; and WHEREAS, the actual Miami Beach share of the Miami-Dade Municipal Component of the Transit Surtax proceeds is estimated at $2,5 million, which exceeds projections for FY 2003-04; and WHEREAS, Miami-Dade County, by Ordinance, requires that 20% (or $500,000) of these annual proceeds, be utilized for local transit projects, during the same fiscal year such funds are received by the City; and WHEREAS, an additional $100,000 of the Miami Beach share of Transit Surtax proceeds need to be appropriated in order to meet the $500,000 required to be utilized for the Shuttle service, during FY, 2003-04; and WHEREAS, if the City does not appropriate the additional $100,000 as required, such funds will have to be returned to the County for redistribution; and WHEREAS, the $100,000 will be utilized to reimburse the Parking Fund for a portion of the $1,1 million appropriated for FY 2003-04 Shuttle operating purposes, by Resolution No, 2003-25354, dated September 18, 2003, NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and City Commission hereby appropriate an additional $100,000 in Miami-Dade County Transit Surtax funds for the Fiscal Year (FY) 2003-04 Electrowave Shuttle (currently referred to as "The Local Shuttle") Operating Budget; such additional funds coming from the estimated $2,5 million Miami Beach share of Miami-Dade Transit Surtax collections during FY 2003-04, twenty percent of which is required to be utilized for local transit projects; and further reimbursing the Parking Fund $100,000 of the $1,1 million appropriated for FY 2003-04 Shuttle operating purposes, by Resolution No, 2003-25354, dated September 18, 03, PASSED AND ADOPTED this 28th day of ,2004. 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III C ~ o ~ Ii: $ 156,689,000 Jurisdiction Population % Population 20% 20% Transit Share 80% Transportation A r-02 $ 31,337,800 Share Aventura 26,142 2,353% $737,362 147,472 589,890 Bal Harbour Village 3,309 0,298% $93,334 18,667 74,667 Bay Harbor Islands 5,118 0.461 % $144,358 28,872 115,487 Biscayne Park 3,274 0,295% $92,347 18,469 73,877 Coral Gables 42,743 3,847% $1,205,610 241,122 964,488 EI Portal 2,522 0,227% $71,136 14,227 56,908 Florida City 8,113 0,730% $228,836 45,767 183,068 Golden Beach 924 0,083% $26,062 5,212 20,850 Hialeah 231,270 20,816% $6,523,208 1,304,642 5,218,567 Hialeah Gardens 19,725 1,775% $556,364 111,273 445,091 Homestead 32,811 2,953% $925,468 185,094 740,374 Key Biscayne 10,698 0,963% $301,748 60,350 241,398 Indian Creek Village 33 0,003% $931 186 745 Medley 1,118 0,101% $31,534 6,307 25,227 Miami 32,797% Miami Lakes 24,291 2,186% $685,153 137,031 548,122 Miami Shores 10,430 0,939% $294,189 58,838 235,351 Miami Springs 13,706 1,234% $386,592 77,318 309,273 North Bay Village 6,689 0,602% $188,670 37,734 150,936 North Miami 59,996 5.400% $1,692,249 338,450 1,353,799 North Miami Beach 42,178 3,796% $1,189,674 237,935 951,739 Opa-Locka 15,361 1,383% $433,273 86,655 346,618 Palmetto Bay 24,253 2,183% $684,081 136,816 547,265 Pinecrest 1 9,078 1,717% $538,115 107,623 430,492 South Miami 10,759 0,968% $303,469 60,694 242,775 Sunny Isles Beach 15,477 1,393% $436,545 87,309 349,236 Surfs ide 5,061 0.456% $142,751 28,550 114,201 Sweetwater 14,260 1,283% $402,218 80,444 321,774 Virginia Gardens 2,353 0,212% $66,369 13,274 53,095 West Miami 5,979 0,538% $168,644 33,729 134,915 1,111,032 100,000% $31,337,800 6,267,560 25,070,240 Unincor orated 1,191,981 Total Miami-Dade 2,303,013 . Estimate based on PHT, OSBM and OCITT coordinated projections, F:\WORK\$TRAIAMELlA\EXCEL\PTP FY'04 Projected Municipal Payments CITY OF MIAMI BEACH COMMISSION ITEM SUMMARY m Condensed Title: A Resolution appropriating an additional $100,000 in transit surtax (PTP) funds for FY 2003-04 Shuttle Operating Budget, in order to reflect the 20% allocation required by County Ordinance for transit projects, out of the projected $2,5 million in PTP receipts by Miami Beach during the fiscal year; and reimbursing the Parking Fund $100,000 of the $1.1 million appropriated in the same fiscal year for shuttle operating purposes, Issue: Shall the City appropriate additional PTP funds as required by County Ordinance? Item Summary/Recommendation: Resolution No, 2003-25355, dated September 18, 2003, appropriated $400,000 in PTP (transit surtax) as part of the adopted funding sources for the $2.336 million FY 2003-04 Shuttle Operating Budget. The Miami Beach share of the PTP proceeds is expected to exceed initial projections for FY 2003-04, Miami Beach is due to receive $2,5 million, 20% of which is required to be utilized for local transit projects, If the City does not appropriate the additional $100,000, as required by County Ordinance, such funds will have to be returned to the County for redistribution among the participating municipalities. The requested $100,000 appropriation will be utilized to reimburse the Parking Fund for a portion of the $1,1 million appropriated and transferred to the FY 2003-04 Shuttle Budget by Resolution No. 2003-25354, dated September 18, 2003. There is a three-month lag between PTP collection and proceeds distribution to participating municipalities, September 2004 collections will be received in Miami Beach by the end of December 2004. The Administration recommends approval of the Resolution, Advisory Board Recommendation: I N/A Financial Information: Source of Funds: WJ. $100,000 City Clerk's Office Legislative Tracking: I Robert Halfhill T:\AGENDAI2004\Sep2804\RegulaMdditional PTP funds for Shuttle-Summary,doc AGENDA ITEM R7 I DATE 9-J.~~Olf CITY OF MIAMI BEACH CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH, FLORIDA 33139 www,miamibeachfl,gov COMMISSION MEMORANDUM From: Mayor David Dermer and Date: September 28, 2004 Members of the City Commission .r-- Jorge M, Gonzale~A./~. City Manager '0 A RESOLUTlO F THE MAYOR ANO CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROPRIATING AN ADDITIONAL $100,000 IN COUNTY TRANSIT SURTAX FUNDS FOR THE FY 2003-04 SHUTTLE OPERATING BUDGET; SUCH ADDITIONAL FUNDS COMING FROM THE ESTIMATED $2.5 MILLION MIAMI BEACH SHARE OF THE TRANSIT SURTAX FUNDS COLLECTED DURING FY 2003-04, TWENTY PERCENT OF WHICH REQUIRED TO BE UTILIZED FOR LOCAL TRANSIT PROJECTS; AND FURTHER REIMBURSING THE PARKING FUND $100,000 OF THE $1.1 MILLION APPROPRIATED BY RESOLUTION NO. 2003-25354, DATED SEPTEMBER 18, 2003, FOR SHUTTLE OPERATING PURPOSES. ADMINISTRATION RECOMMENDATION To: Subject: Adopt the Resolution, ANALYSIS Resolution No. 2003-25355, dated September 18, 2003, appropriated $400,000 in Transit Surtax as part of the funding sources for the adopted $2,336 million FY 2003-04 Shuttle Operating Budget. The actual Miami Beach share of the Municipal Component of the Transit Surtax proceeds has exceeded projections for FY 2003-04. Miami Beach is due to receive $2.5 million, 20% of which is required to be utilized for local transit projects. If the City does not appropriate the additional $100,000, as required by County Ordinance, such funds will be returned to the County for redistribution. The requested $100,000 appropriation will be utilized to reimburse the Parking Fund for a portion of the $1,1 million appropriated and transferred to the FY 2003-04 Shuttle Budget by Resolution No. 2003-25354, dated September 18, 2003, An update of Transit Surtax funds proceeds received and appropriated by the City for the period of January 2003 through September 2004 is attached hereto for your review, Note that there is a three-month lag between surtax collection and proceeds distribution to participating municipalities, September 2004 collections will be received in Miami Beach by the end of December 2004. The Administration recommends approval of the Resolution, JG/RM/FB/RH/AJ Attachment: PTP Status Report (transit surtax) T:\AGENDA\2004\Sep2804\Regular\Additional PTP Funds for Shuttle-Memo,doc