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HomeMy WebLinkAbout2005-25851 Reso RESOLUTION NO. 2005-25851 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING THE FIRST AMENDMENT TO THE GENERAL, ENTERPRISE, AND INTERNAL SERVICE FUNDS FISCAL YEAR (FY) 2004/2005 BUDGETS TO APPROPRIATE PRIOR YEAR ENCUMBRANCES. WHEREAS, municipal budgeting practices require reappropriation of prior year (FY 2003/2004) outstanding encumbrances; and WHEREAS, the Administration has performed a detailed review to determine if an increase in departmental appropriation is required to compensate for prior year encumbrances; and WHEREAS, a determination has been made that functions within the General Fund totaling $177,615 require increases to cover prior year encumbrances carried forward in FY 2004/2005 that were reserved in the Designated Fund Balance; and WHEREAS, a determination has been made that functions within the Enterprise Funds totaling $498,851 and the Internal Service Funds totaling $4,329,548, require increases in their respective appropriations from Retained Earnings to cover prior year encumbrances carried forward in FY 2004/2005; and NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the first amendment to the Fiscal Year 2004/2005 General, Enterprise, and Internal Service Funds budgets is adopted as follows: FY 2004/2005 Increase/ FY 2004/2005 GENERAL FUND Adopted Budget (Decrease) Amended Budget OPERATING REVENUES Ad Valorem Taxes $ 79,380,929 $ 79,380,929 Ad valorem Taxes-Normandy shore 92,301 92,301 Other Taxes 19,568,600 19,568,600 Licenses & Penn its 11,446,631 11,446,631 Intergovemmental 11,117 ,000 11,117,000 Charges for Services 6,141,136 6,141,136 Fines & Forfeits 1,404,000 1,404,000 Interest 2,836,880 2,836,880 Rents & Leases 2,679,145 2,679,145 Miscellaneous 6,409,227 6,409,227 Other -Resort Tax Contribution 18,928,608 18,928,608 Other - Non-Operating Revenues 8,165,421 8,165,421 Fund Balance 0 177,615 177,615 Total General Fund Revenues $ 168,169,878 $ 177,615 $ 168,347,493 APPROPRIATIONS Department/Function Mayor & Commission $ 1,260,879 $ 0 $ 1,260,879 City Manager 1,888,209 1,888,209 Communications 272,588 272,588 Budget & Performance Improvement 1,549,053 20,000 1 ,569,053 Finance 3,460,126 3,460,126 Procurement 706,999 706,999 Human Resources 1,393,979 1,393,979 Labor Relations 193,332 193,332 City Clerk 1,527,654 1,527,654 City Attorney 3,198,595 3,198,595 Economic Development 854,064 854,064 Building 5,482,359 5,482,359 Planning 2,615,594 2,615,594 Tourism & Cultural Development 1,138,403 1,138,403 Bass Museum 1,259,432 1,259,432 Neighborhood Service 3,730,078 3,730,078 Parks & Recreation 21,515,815 40,354 21,556,169 Public Works 6,073,888 21,870 6,095,758 Capital Improvement Program 2,767,082 17,648 2,784,730 Fire 36,350,494 14,112 36,364,606 Police 61,372,608 13,578 61,386,186 Citywide Accounts 7,074,914 50,053 7,124,967 Citywide Accts-Normandy Shores 136,663 136,663 Citywide Accts-Operating Contingency 1,000,000 1,000,000 Capital Renewal & Replacement 1,347,070 1,347,070 Total General Fund $ 168,169,878 $ 177,615 $ 168,347,493 ENTERPRISE FUNDS APPROPRIATIONS Convention Center $ 14,572,374 $ 0 $ 14,572,374 Parking 21,566,690 163,505 21,730,195 Sanitation 7,691,739 112,449 7,804,188 Sewer Operations 26,847,000 6,433 26,853,433 Stormwater 8,050,000 153,065 8,203,065 Water Operations 20,098,000 63.399 20,161,399 Total Enterprise Funds $ 98,825,803 $ 498,851 $ 99,324,654 INTERNAL SREVICE FUNDS APPROPRIATIONS Central Services $ 753,316 $ 0 $ 753.316 Information Technology 11,091,771 4.148,548 15,240,319 Fleet Management 5,672,138 5.672,138 Property Management 7,321,436 181,000 7,502,436 Risk Management 15,622,922 15,622,922 Total Internal Service Funds $ 40,461,583 $ 4,329,548 $ 44,791,131 TOTAL ALL FUNDS $ 307,457,264 $ 5,006,014 $ 312,463,278 PASSED and ADOPTED this 16th day of March, 200 . ATTEST: ~~Lfa:~ FUNDING APPROVAL: ~ MANAGE AND BUDGET APPROVED AS TO FORM & LANGUAGE & FOR EXECUTION iW ~3-'J-05 City AttomeYWf' Date CITY OF MI~MI BEACH COMMISSION ITEM SUMMARY ~ Condensed Title: Adopt the first amendment to the Fiscal Year (FY) 2004/2005 General Fund, Enterprise, and Internal Service Fund Budgets to appropriate prior year encumbrances. Issue: Whether to adopt the first amendment to the FY 2004/2005 General Fund, Enterprise, and Internal Service Fund Budgets? Item Summary/Recommendation: Adopt the resolution to amend the FY 2004/2005 General Fund, Enterprise, and Internal Service Fund Budgets. Advisory Board Recommendation: IN/A Financial Information: Amount to be expended: [ID Finance Dept. 498,851 4,329,548 General Fund - Fund Balance Reserve for encumbrances. EnterpriseFunds-Retained Eamings Internal Service Funds - Retained Earnings Approved Source of Funds: Si n-Otfs: Department Director AGENDA ITEM DATE R7C 3-16-o~ CITY OF MIAMI BEACH CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH, FLORIDA 33139 www.ci.miami-beach.fl.us COMMISSION MEMORANDUM From: Mayor David Dermer and Members of the City Commission Jorge M. Gonzalez ) v--'-- / City Manager 0 0 Date: March 16, 2005 To: Subject: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING THE FIRST AMENDMENT TO THE GENERAL, ENTERPRISE, AND INTERNAL SERVICE FUNDS FISCAL YEAR (FY) 2004/2005 BUDGETS TO APPROPRIATE PRIOR YEAR ENCUMBRANCES. ADMINISTRATION RECOMMENDATION Adopt the Resolution. ANALYSIS The first amendment to the General, Enterprise, and Internal Service Funds FY 2004/2005 budgets, appropriates funds to cover prior year encumbrances. A detailed review was performed to identify all outstanding prior year (PY) encumbrances that will require a carry forward of their funding from FY 2003/2004 to FY 2004/2005. This is required because certain services and capital items were purchased during FY 2003/2004 with FY 2003/2004 budgeted funds and were paid for during FY 2004/2005. We have identified PY encumbrances within the General Fund totaling $177,615, Enterprise Funds totaling $498,851, and Internal Service Funds totaling $4,329,548, which require a budget amendment. The source of funding for encumbrances within the General Fund has already been recognized as a reservation of Fund Balance and does not constitute additional expenditures or liabilities. The source of funding for encumbrances within the Enterprise and Internal Service Funds is Retained Earnings. Fiscal Year 2004/2005 First Budget Amendment March 16, 2005 Page 2 Details of the PY Encumbrances amendment as follows: Department Reappropriation of PY Encumbrances GENERAL FUND Office of Budg.& Perf. $ Improvement Parks & Recreation Public Works Capitallmprov Prgm Fire Police Citywide Accounts Total General Fund $ ENTERPRISE FUNDS Parking $ Sanitation Sewer Operations Stormwater Water Operations Total Enterprise Funds $ 20,000 40,354 21,870 17,648 14,112 13,578 50,053 177,615 163,505 112,449 6,433 153,065 63,399 498,851 INTERNAL SERVICE FUNDS Information Tech $ 4,148,548 Property Mgmt 181,000 Total Internal Service Funds $ 4,329,548 Purpose Professional Services Professional Svces, Operating Expenses Professional Svces Professional Svces, Capital Capital Operating Expenses Professional Svces Professional Svces, Operating Expenses, Capital Operating Expenses Capital Capital Capital Capital Capital The attached Resolution will allow the first amendment to departmental appropriations within the General, Enterprise, and Internal Service Funds budgets to be enacted. This action is necessary to comply with Florida Statutes which stipulate that we may not expend more than our appropriations provide. JMG:KGB:JC ~