90-20083 Reso
RESOLUTION NO.
90-20083
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF MIAMI BEACH,
FLORIDA, PROVIDING FOR AMENDMENTS TO THE FY 89/90 BUDGETS FOR THE
GENERAL FUND, PARKING ENTERPRISE FUND, AND MECHANICAL MAINTENANCE
INTERNAL SERVICE FUND; MAKING PROVISIONS FOR: 1) ADDITIONAL FUNDING
FOR SUPPLEMENTAL PENSION FUND FOR FIREMEN AND POLICEMEN: 2)
RECLASSIFICATION OF SALE OF CITY PROPERTY; 3) INCREASING THE
ACCUMULATED LEAVE SETTLEMENT ACCOUNT; 4) INCREASING HEALTH AND LIFE
INSURANCE ACCOUNT; 5) OTHER INCREASES TO DEPARTMENTAL BUDGETS; AND,
PROVIDING FOR INCREASED REVENUES TO FUND ADDITIONAL APPROPRIATIONS.
WHEREAS, actuarial required contributions to the City Supplemental Pension
Fund for Firemen and Policemen require additional funding, and an increase in the
current year appropriation for the administrative budget in order to provide
administrative services; and,
WHEREAS, it is necessary to reclassify the sale of certain City property
completed in the prior fiscal year; and,
WHEREAS, it is necessary to increase the appropriations to the City's
Accumulated Leave Settlement account to fund leave balances for the remainder of
the fiscal year; and,
WHEREAS, it is necessary to increase the appropriations to the City's
Health and Life Insurance account to cover payments due to Humana Health Care
Inc., for prior years;and,
WHEREAS, it is necessary to increase the appropriations of certain
operating departments in order to continue the functions of the City; and,
WHEREAS, the funding for all increased appropriations will be provided from
increases in revenues and a contribution from fund balance or retained earnings.
NOW, THEREFORE, BE IT DULY RESOLVED BY THE CITY COMMISSION OF THE CITY OF
MIAMI BEACH, FLORIDA, that the City Commission of the City of Miami Beach hereby
amends the budgets for the General Fund, Parking Enterprise Fund,and Mechanical
Maintenance Internal Service Fund, increasing appropriations by $1,244,697 in the
General Fund; increasing the Parking Enterprise Fund operating budget by $353,059;
and increasing the budget for the Mechanical Maintenance Internal Service Fund
by $212,211, with corresponding increases in revenues as herein summarized and
set forth below.
Subtotal
FY 89/90 Increase/ FY 89/90
Current Budget (Decrease) Amended Budget
$44,829,045 $ 0 $44,829,045
5,064,873 0 5,064,873
8,763,497 0 8,763,497
925,635 0 925,635
1,600,000 0 1,600,000
2,637,027 0 2,637,027
1,056,330 0 1,056,330
6,270,116 (226,925) 6,043,191
250,000 0 250,000
264,321 1,471,622 1, 735,943
$71 ,660,844 $1,244,697 $72,905,541
GENERAL FUND
OPERATING REVENUES
Taxes
Licenses and Permits
Intergovernmental
Charges for Service
Fines and Forfeits
Interest
Rents and Leases
Miscellaneous
Other
Fund balance
GENERAL OBLIGATION
DEBT SERVICE
Ad Valorem Taxes
Fund Balance
Subtotal
$11 ,607,795 $
1,001,205
$12,609,000 $
o
o
o
$11 ,607,795
1, 001, 205
$12,609,000
$85.514.541
Total Revenues
$84.269.844 $1.244.697
FY 89/90 Increase/ FY 89/90
Current Budget (Decrease) Amended Budget
APPROPRIATIONS
Mayor $ 503,026 $ 0 $ 503,026
City Manager 904,174 0 904,174
Bass Museum 415,447 0 415,447
Beach Patrol 2,546,096 0 2,546,096
Bu il ding 1,088,329 0 1,088,329
City Cl erk 525,411 0 525,411
Computers 1,336,182 0 1,336,182
Convention Center - TOPA 320,929 0 320,929
Economic Development 438,632 0 438,632
Finance 1,547,615 0 1,547,615
Fire 14,671,949 229,867 14,901,816
Historic Preser/Urban Design 150,212 0 150,212
Lega 1 991,758 0 991,758
Management and Budget 659,516 0 659,516
Parking Enforcement 644,964 0 644,964
Parks and Recreation 6,366,919 0 6,366,919
Personnel 1,143,092 0 1,143,092
Planning 590,302 19,764 610,066
Police 26,499,015 196,991 26,696,006
Public Works 2,347,164 0 2,347,164
Purchasing 638,866 18,117 656,983
Special Programs 161,992 0 161,992
Unclassified Accounts 7,169,254 779,958 7,949,212
Subtota 1 $ 71 ,660,844 $1,244,697 $72,905,541
GENERAL OBLIGATION
DEBT SERVICE
Ad Valorem Taxes $11 ,607,795 $ 0 $11 ,607,795
Fund Balance 1,001,205 0 1, 001, 205
Subtota 1 $12,609,000 $ 0 $12,609,000
Total General Fund $84.269.844 $1. 244.697 $85.514.541
PARKING ENTERPRISE FUND $ 4.739.363 $ 353.059 $ 5.092.422
MECHANICAL MAINTENANCE FUND $ 3.047.841 $ 212.211 $ 3.260.052
PASSED and ADOPTED this 5th day of September, 1990.
Attest by:
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City Cl erk
Form Approved:
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,
Funding Approved:
and Budget
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~ oI1ItiaHd ~ead
FLORIDA
33139
"V AeA TIONLAND U. S. A. ..
OFFICE OF THE CITY MANAGER
ROB W. PARKINS
CITY MANAGER
CITY HALL
1700 CONVENTION CENTER DRIVE
TELEPHONE: 673.7010
COMMISSION MEMORANDUM NO. i..J~'5 -90
DATE: September 5, 1990
FROM:
TO:
SUBJECT:
A RESOlUTIO A ENDING FISCAL YEAR 1989/90 BUDGETS FOR THE GENERAL
FUND, PARKING ENTERPRISE FUND AND MECHANICAL MAINTENANCE INTERNAL
SERVICE FUND.
The attached resolution provides for amendments to the FY 89/90 budgets of the
General Fund, Parking Enterprise Fund and Mechanical Maintenance Internal Service
Fund as follows:
GENERAL FU~D
1. SUPPLEMENTAL PENSION FUND FOR FIREMEN AND POLICEMEN - $451,858
Full funding of required actuarial City contribution to the Supplemental
Pension Plan for Firemen and Policemen requires additional contribution in
the amount of $426,858. Increased appropriation of $229,867 to the Fire
Department budget and $196,991 to the Police department budget; and an
additional appropriation to the administrative budget of $25,000 resulting
from an increase in the amount of actuarial services required. Funding
in the amount of $451,858 available from the unreserved fund balance.
2. RECLASSIFICATION OF SALE OF CITY. PROPERTY - $500,000
This is a budget reclassification of revenues resulting from the earlier
than expected sale of the Fisher Island property. The resulting reduction
in sale of City property revenues is offset by a contribution from the
unreserved fund balance in the amount of $500,000 and has no materi a 1
effect on the operating budget.
3. ACCUMULATED LEAVE SETTLEMENT - $500,000
Increase in the ,accumulated leave settlement account to fund leave
balances resulting from an increased number of retirees. Funding in the
amount of $500,000 available from the unreserved fund balance.
4. HEALTH AND LIFE INSURANCE - $254,958
Payment in the amount of $254,958 owed to Humana Health Insurance Inc.,
from the 1987 and 1988 fiscal years. The City had previously withheld
payment pending completion of a~ audit of the City's health plans. Funding
in the amount of $254,958 is available from the refund received on the
premium stabilization reserves held in the terminated Aetna Group
Insurance policy.
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AGENDA
ITEM
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1989/90 Budget Amendment
AUGUST 20, 1990
Page 2
GENERAL FUND CONT'D
5. OTHER - $37,881
Additional appropriations as follows:
A. Planning and Zoning - $19,764
Additional appropriation to fund increased operating costs, resulting from
departmental reorganization and creation of the Historic Preservation and
Urban Design department during the fiscal year. Funding in the amount of
$19,764 available from the unreserved fund balance.
B. Purchasing and Property Management - $18,117
Increased appropriation to fund 50 percent of personnel cost for one
position. Funding in the amount of $18,117 available from increased
management fee charged to the Miami Beach Redevelopment Agency.
7. PARKING ENTERPRISE FUND - $353,059
Increased appropriation of $353,059 from retained earnings to fund
additional operating expenses and revenue shortfall.
8. MECHANICAL MAINTENANCE INTERNAL SERVICE FUND - $212,211
Increased appropriation of $212,211 to fund additional operating expenses
and leave balance account resulting from increased number of retirees,
available from retained earnings.
ADMINISTRATION RECOMMENDATION
The Administration recommends that the City Commission adopt the attached
resolution providing for the second amendment to the FY 89/90 budgets for the
General Fund, Parking Enterprise Fund and Mechanical Maintenance Internal Service
u~und .
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