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RESOLUTION NO. 2006-26331
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE NORMANDY
SHORES LOCAL GOVERNMENT NEIGHBORHOOD IMPROVEMENT
DISTRICT ADOPTING THE FINAL OPERATING BUDGET FOR FISCAL YEAR
2006/07.
WHEREAS, for the purpose of providing security services within the Normandy
Shores neighborhood area, the Mayor and City Commission adopted Ordinance No. 93-
2881 on October 20, 1993, which authorized the creation of the Normandy Shores Local
Government Neighborhood Improvement District (District); and
WHEREAS, for the purpose of providing security services within the District, a final
budget has been developed to fund projected Fiscal Year (FY) 2006/07 operating expenses;
and
WHEREAS, the final operating budget has been reviewed by the Board of Directors
of the District (Board) to assure its content and scope; and
WHEREAS, on September 21, 2006, pursuant to Section 200.065 of the Florida
Statutes, a public hearing was held before the Mayor and City Commission, acting as the
Board, to discuss the operating millage rate and operating budget for the District for FY
2006/07.
NOW, THEREFORE, BE IT DULY RESOLVED BY THE BOARD OF DIRECTORS
OF THE NORMANDY SHORES LOCAL GOVERNMENT NEIGHBORHOOD
IMPROVEMENT DISTRICT, that the Board hereby adopts the final operating budget for the
District for FY 2006/07 as summarized herein and listed below.:
Revenues
Ad Valorem Tax
City's General Fund
Total
Expenses
Security Service
Maintenance
$ 87,949
47.305
$135.254
Total
PASSED and ADOPTED this 21st day of September, 2 6.
A~( r~
Secretary to the District
Robert Parcher
APPROVED AS TO
FORM & LANGUAGE
& FOR EXECUTION
~1~1,~
Date
COMMISSION ITEM SUMMARY
Condensed Title:
A resolution adopting the final operating budget for the Normandy Shores Local Government
Nei hborhood 1m rovement District for Fiscal Year 2006/07.
Ke Intended Outcome Su orted:
Ensure expenditure trends are sustainable over the long term
Improve the City's overall financial Health and maintain overall bond rating
Increase Communit Satisfaction with Cit Services
Issue:
Shall the Mayor and City Commission, acting in its capacity as the Board of Directors for the Normandy
Shores Local Government Neighborhood Improvement District, approve the final operating budget for the
District for Fiscal Year 2006/07 in the amount of $135,254?
Item Summary/Recommendation:
The final ad valorem millage recommended by the Administration is 0.338 mills to provide the current level
of security required by this district. This tax levy will generate proceeds of $87,949. The total operating
budget to provide security services to this district is $135,254. This is comparable to the current year end
projections. An additional $3,000 is included in the budget to fund upgrading the electronic access system.
The difference between the revenues which will be generated from ad-valorem tax proceeds and the total
budgetary requirement of the district must be supplemented by a contribution from the General Fund in the
amount of $47,305 or 35% of the total operating budget.
The General Fund has funded this difference for each of the twelve years since the District was
established. The amount provided by the General Fund for this purpose in FY 2005/06 was $45,131.
Advisory Board Recommendation:
I
Financial Information:
Source of
Funds:
47,305
Normandy Shores
District
General Fund
[ill
OBPI
Financial Impact Summary:
$135,254
City Clerk's Office Legislative Tracking:
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MIAMI BEACH
AGENDA ITEM
DATE
R7B2.
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&
MIAMI BEACH
City of Miami Beach, 1700 Convention Center Drive, Miami Beach, Florida 33139, www.miamibeachfl.gov
COMMISSION MEMORANDUM
FROM:
Mayor David Dermer and Members of the City Commission
Jorge M. Gonzalez, City Manager 9 ~
September 21, 2006 () ()
TO:
DATE:
SUBJECT: A RESOLUTION OF THE BOARD OF DIRECTORS OF THE NORMANDY
SHORES LOCAL GOVERNMENT NEIGHBORHOOD IMPROVEMENT DISTRICT
ADOPTING THE FINAL OPERATING BUDGET FOR FISCAL YEAR 2006/07.
ADMINISTRATION RECOMMENDATION
Adopt the Resolution which establishes the final operating budget for the Normandy Shores
Local Government Neighborhood Improvement District (District) for Fiscal Year (FY)
2006/07.
BACKGROUND
The District, a dependent taxing district of its principal, the City of Miami Beach, was
established in 1994 to provide continual 24-hour security to this gated community; FY
2006/07 represents its thirteenth year of operation.
It was established by Ordinance 93-2881, and has the authority "to levy an ad-valorem tax
on real and personal property of up to two mills, provided that no parcel of property will be
assessed more than $500 annually for such improvements". However, on August 29, 2002,
the Administration met with District representatives and agreed to eliminate the $500 cap on
the highest valued home in the District. The enabling legislation was adopted by the
Commission on September 25, 2002. This ensures that the City's contribution from the
General Fund remains at 35% of the operating budget of the District.
During FY 1998/99, the amount of annual funding to be provided by the City and the
dependent status of the District were issues discussed by the Finance and Citywide Projects
Committee. A determination was reached that the City would fund 35% of the annual cost of
the operation of the community guard gate. This cost will eventually be funded from the golf
course operation of the Normandy Shores Golf Course.
PROCEDURE
The operating millage and budget for this dependent special taxing district must be adopted
in accordance with Florida Statutes. This procedure requires that this Resolution be
considered immediately after the final millage for the District has been adopted (See
accompanying Agenda Item R7B1 for details).
ANAL YSIS
On September 6, 2006, the Mayor and City Commission tentatively adopted the operating
budget for the District in the amount of $135,254 and an operating millage of 0.338 mills.
This millage will provide the current service level of $135,254 for security required by this
district. This is comparable to the current year projections. An additional $3,000 is included
in the budget to fund upgrading the electronic access system. Revenues of $87,949 which
will be generated from ad-valorem tax proceeds will be supplemented by a contribution from
the General Fund in the amount of $47,305 or 35% of the operating budget ($135,254) for
the current service levels. The General Fund has funded this difference for each of the
twelve years since the District was established. The amount provided by the General Fund
for this purpose in FY 2005/06 was $45,131.
The final operating budget for the District is as follows:
Total
FY 06/07
$ 87,949
47.305
$135.254
FY 05/06
$ 83,702
45.131
$128.833
Revenues
Ad Valorem Tax
City's General Fund
Expenses
Security Service
Maintenance
Total
$110,406
24.848
$135.254
$107,191
21.642
$128.833
CONCLUSION
The City Commission, acting in its capacity as the Board of Directors of the District, should
adopt the attached Resolution which establishes the final operating budget.
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