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2007-26640 ResoRESOLUTION N0. 2007-26640 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE NORMANDY SHORES LOCAL GOVERNMENT NEIGHBORHOOD IMPROVEMENT DISTRICT ADOPTING THE TENTATIVE OPERATING BUDGET FOR FISCAL YEAR (Fly 2007/08 SUBJECT TO A SECOND PUBLIC HEARING SCHEDULED ON WEDNESDAY, SEPTEMBER 26, 2007 AT 5:02 P.M. 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 tentative budget has been developed to fund projected FY 2007108 operating expenses as well as repay the City for the shortfall in FY 2006!07; and WHEREAS, the tentative operating budget has been reviewed bythe Board of Directors of the District (Board} to assure its content and scope; and WHEREAS, on September 17, 2007, pursuantto 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 2007108. 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 tentative operating budget for the District for FY 2007108 as summarized herein and listed below subject to a second public hearing scheduled on Wednesday, September 26, 2007 at 5:02 P.M.: Revenues Ad Valorem Tax City's General Fund Total Expenses Security Service Maintenance Repayment of FY 07 shortfall Total PASSED and ADOPTED this 17th day of Se ATT ST: Secretary to the District Robert Parcher $ 148,819 55,014 $ 203,833 $ 138,902 18,282 46 649 $ ,833 tuber 2~0 ~irp~r~gri`of the District vid,~Dermer APPROVEQ AS TO FORM & LANGUAGE & FOR EXECUTION f,,. ' ~ ~ f 07 COMMISSION ITEM SUMMARY A resolution adopting the tentative operating budget for the Normandy Shores Local Government Neighborhood Improvement District for Fiscal Year (FY} 2007/08 subject to a second public hearing scheduled on Wednesday, September 26, 2007 at 5:02 p.m. Condensed Title: Ke Intended Outcome Su orted: Increase resident ratings of public safety services; Maintain crime rates at or below national trends Supporting Data (Surveys, Environmental Scan, etc.: Safety across the City (preventing crime, drugs, gangs, speeding cars) was ranked number one by residents as one of the most important areas affecting their quality of life and it was also mentioned as one of the changes that would make Miami Beach a better place to live, work, play, or visit. Safety during the day appeared as a key driver for resident's perceptions of Miami Beach as a place to live and overall quality of life. Also, crime prevention was ranked number four by residents as one of the most important areas that the Cit can address with re arils to ublic safe . 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 tentative operating budget for the District for FY 2007/08 in the amount of $203,833 subject to a second Public Hearing scheduled on Wednesday, September 26, 2007, at 5:02 P.M. Issue: Item Summa (Recommendation: The operating budget to provide security services to this district is $157,184. This is a 16% increase over the FY 2006!07 amount of $135,254 due to increased contract costs. An additional $46,649 is included in the budget to cover an FY 2006107 revenue shortfall that was advanced by the City, due to an error by the Miami-Dade County Property Appraiser with the Certified 2006 Taxable Value. The tentative ad valorem millage recommended. by the Administration is 1.0363 to provide the current level of security required by this district and repay .the City for the shortfall in FY 2006107. This tax levy will generate proceeds of $148,819.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 $55,014 or 35% of the operating budget. The General Fund has funded this difference for each of the thirteen years since the District .was established. The amount provided by the General Fund for this purpose in FY 2006107 was $47,305._ Adviso Board Recommendation: Financial Information: City Clerk's Office Legislative Tracking: m MIAMIBEACH AGENDADATER i~-o m MIAMI BEACH City of Miami Beach, 1700 Convention Center Drive, Miami Beach, Florida 33139, www.miamibeachfl.gov COMMISSION MEMORANDUM To: Mayor David Dermer and Members of the City Commission FROM: Jorge M. Gonzalez, City Manager DATE: September 17, 2007 SUBJECT: A RESOLUTION OF THE BOARD OF DIRECTORS OF THE NORMANDY SHORES LOCAL GOVERNMENT NEIGHBORHOOD IMPROVEMENT DISTRICT ADOPTING THE TENTATIVE OPERATING BUDGET FOR FISCAL YEAR t~ 2007108 SUBJECT TO A SECOND PUBLIC HEARING SCHEDULED ON WEDNESDAY, SEPTEMBER 26, 2007 AT 5:02 P.M. ADMINISTRATION RECOMMENDATION Adopt the Resolution which establishes 200.7108 in the amount. of $203,833, Wednesday, September 26, 2007. the tentative operating budget for the District for FY subject to a second public hearing to be held on BACKGROUND The Normandy Shores Local Government Neighborhood Improvement 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 2007108 represents its fourteenth year of operation. It was established by Ordinance 93-2881, and has the authority "tolevy 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". During FY 1998199, 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. It was further agreed that the City would continue to supplement the District at current levels until both issues were resolved. On August 29, 2002, the Administration met with the Normandy Shores Local Government Neighborhood Improvement 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. On June 29, 2007, the City received a revised 2006 taxable value from the Property Appraiser in the amount of $126,517,149. The reduction was a correction to an error made by the Property Appraiser last year. Had the millage been based on this correct value for FY 2006/07, it should only have been reduced from 0.814 to 0.720. Therefore, property tax collections in FY 2006/07 are projected to be $46,649 less than budgeted resulting in a shortfall which will need to be advanced from the City and repaid by the Normandy Shores taxing district in FY 2007108. Page 2 Normandy Shores Budget Accordingly, the Normandy Shores taxing district millage needs for FY 2007108 needs to be set at the level needed to cover FY 2007108 expenditures (0.7115} as well as repay the FY 2006107 shortfall (0.3248) for a total Normandy Shores millage of 1.0363. Pursuant to the Roll-Back component of the legislation adopted by the Florida legislature in June, the aggregate taxes levied by the City of Miami Beach and any dependent taxing district within the City of Miami Beach for FY 2007/08 are required to be to the roll back rate plus an additional 9% reduction. Because of reductions in the overall Citywide millage, the aggregate taxes levied, including Normandy Shores will be 9 percent less than the Roll-Back Rate, as required. 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 tentative millage for Normandy Shores District has been adopted (See accompanying Agenda Item R7B1 for details}. ANALYSIS The tentative operating budget for the District is as follows: Revenues Ad Valorem Tax City's General Fund Total Expenses Security Service Maintenance Repayment of FY 07 shortfall Total $ 148,819 55,014 $ 203,833 $ 138,902 18,282 46,649 $ 203,833 The operating expenditures to provide security services at the current service level to this district is $157,184, a 16% increase over the FY 2006//07 amount of $135,254, due to increased contract costs. An additional $46,649 is included in the budget to fund the FY 2006107 shortfall arising from the error made by the County Property Appraiser's Office, for a total budget of $203,833. At the July 11, 2007 Commission meeting, the Mayor and City Commission adopted Resolution 2007-26605, which set the operating millage rate for the District at 1.0363 mills. The tentative ad valorem millage recommended by the Administration is 1.0363 mills to provide the current level of security required by this district and repay the City for the shortfall in FY 2006107. This tax levy will generate proceeds of $148,819.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 $55,014 or 35% of the total operating budget. The General Fund has funded this difference for each of the thirteen years since the District was established. The amount provided by the General Fund for this purpose in FY 2006107 was $47,339. Page 3 Normandy Shores Budget CONCLUSION The City Commission, acting in its capacity as the Board of Directors of the Normandy Shores Local Government Neighborhood Improvement District, should adopt the attached Resolution which establishes a tentative operating budget and schedules the second and final public hearing. JMG:KGB:JC F:lobpil$BUDIBUDDOCI6UDRESOS108-RESOS11st Pub Hrg 09-17-07107 NS Budgl Memo & Resa.doc CITY OF MIAMI BEACH NOTfCE OF SPECIAL COMMISSION MEETING AND :PUBLIC HEARINGS .~ ~,~,,, ~NOTfCE IS HEREBY given that a Special Commission Meeting and public hearings will be held by the Mayor and City ~Co m ion of the C of ~Marru Beach Flonda m the Commission Chambers 3rd floor, Ci Ha11,1700 Convention Center .., m iss ~Y tY Drive, Miami Beach,, Floricla, on, ~Ilondey, S~grternber 17, 200T, to consider the following: ~ . ;, 5:01 p.m. THE FIRST PUBLIC HEARING ADOPTING THE PROPOSED MILU4GE RATE AND BUDGET.FOR FISCAL YEAR 20071'2005 F01~ THE CITY OF MIAMI BEACH.. - . 5.02 p.m. . . THE FIRST PUBLIC HEARING ADOPTING THE PROPOSED MILLAGE RATE AND BUDGET FOR FISCAL YEAR 2007/2008 FOR THE NORMANDY SHORES LOCAL GOVERNMENT NEIGHBORHOOD IMPROVEMENT DISTRICT. In addition, the City Commission may discuss other City business and take other necessary action at this meeting. Inquiries maybe directed to the Budget Office at X305} 673-7510. ~ . INTERESTED PARTIES are invited to appear at this meeting, or bey. represented by an agent, or to express their views in writing addressed to the Comm~ssi clothe Clerk 1700 Convention Center Dnve,1 st Floor Ci Hall, Miami Beach, Florida C on, ' ~ ~ ' li i ecctieon duri normal business hours ~in the C' Clerk's OMoe 33139. Copies of these ordinances are availa a for pub c ng ,~ , 1700 Convention Center-Drive 1st Floor C' HaN ai1d Miami ,Florida 33139. This meetin ma be continued and under ' ' ' ~ ~ I riot be rovided. g y . such circumstances additional legal nonce wou d p . . ~ Robert E. Percher, City Clerk Ci#y of Miami Beach Pursuant to Section 286.0105, Fla. Stet., the City hereby, advises. the public that: if a person decides to appeal any decision made by the ~ Comm~ss~on with respect to any matter considered at its meeting or its hearing, such person must ensure that a verbatim record ~of tha proceedings is made, which record includes the testimony and evidence upon which the appeal is to be based. This nodce does not const~te consent by the Ci for the intro~ction or admission of otherwise inadmissible ~ of- irrelevant evidence, nor does it~ authorize challenaee or appeals not otherwise albwed iaw. ~ . by .. t To request this material ~ aaessible format, sign lan0ua9e ~be~preters;:,fnf+ormation on access for persons with disabilities, andlor aannyy,aooonr modation to review an document or artici to in a c -s sored p~ceedmg, please contact (305j 604.2488 (voice), (305j673.7218(TT'Y}: . fare de's in advance to initiate r re uest.~TTY us a ~ a~so call 711 (Florida Relay Service). Ad #443 ~ ~ q ~ _ ~ - ~~ ~~~ ~ ~- -~~ ~~ ~- ~ - ~~ MB MiamiHerald.com/Neighbors I THE MIAMI HERALD I SUNDAY, SEPTEMBER 1,1001