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2010-04ORDINANCE NO. 2010-04 AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AMENDING ORDINANCE NO. 2009-11, WHICH ORDINANCE ADOPTED A CHARTER SCHOOL OPERATING AND CAPITAL BUDGET FOR THE AVENTURA CITY OF EXCELLENCE SCHOOL FOR FISCAL YEAR 2009/2010 (JULY 1 -JUNE 30) BY REVISING THE 2009/2010 FISCAL YEAR BUDGET DOCUMENT AS OUTLINED IN EXHIBIT "A" ATTACHED HERETO; AUTHORIZING THE CITY MANAGER TO DO ALL THINGS NECESSARY TO CARRY OUT THE AIMS OF THIS ORDINANCE; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, upon the periodic review and analysis of current budgetary commitments and obligations, and based upon the projected needs and requirements of the Aventura City of Excellence School and upon the recommendations of the City Manager (and the concurrence of the Finance Support Services Director as to Accounting Principles), it is deemed necessary to adjust, amend and implement the 2009/2010 Operating and Capital Budget of the Aventura City of Excellence School as set forth in Exhibit "A" attached hereto and made a part hereof. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AS FOLLOWS: Section 1. The recitals contained in the preamble to this Ordinance are incorporated by reference herein. Section 2. The City Commission hereby authorizes the amendment of Ordinance No. 2009-11, which Ordinance adopted a budget for the 2009/2010 fiscal year for the Aventura City of Excellence School by revising the 2009/2010 budget as Ordinance No. 2010-04 Page 2 set forth on the attached Exhibit "A" ,which exhibit is deemed incorporated by reference as though set forth in full herein. Section 3. The City Manager is hereby authorized to do all things necessary to carry out the aims of this Ordinance. Section 4. Effective Date. This Ordinance shall be effective immediately upon adoption on second reading. The foregoing Ordinance was offered by Vice Mayor Weinberg, who moved its adoption on first reading. This motion was seconded by Commissioner Joel, and upon being put to a vote, the vote was as follows: Commissioner Zev Auerbach yes Commissioner Bob Diamond yes Commissioner Teri Holzberg yes Commissioner Billy Joel yes Commissioner Michael Stern yes Vice Mayor Luz Urbaez Weinberg yes Mayor Susan Gottlieb yes The foregoing Ordinance was offered by Commissioner Joel, who moved its adoption on second reading. This motion was seconded by Vice Mayor Weinberg and upon being put to a vote, the vote was as follows: Commissioner Zev Auerbach Commissioner Bob Diamond Commissioner Teri Holzberg Commissioner Billy Joel Commissioner Michael Stern Commissioner Luz Urbaez Weinberg Mayor Susan Gottlieb yes absent from the room yes yes yes. yes yes 2 Ordinance No. 2010-0'~ Page 3 PASSED AND ADOPTED on first reading this 6t" day April, 2010. PASSED AND ADOPTED on second reading this 4t" day of May, 2010. USAN GOTTLIEB, MAYOR ATTEST: RESA M.~ O , ~MC rY CLERK APPROVED AS TO LEGAL SU~f ICIENCY: %~ CITY ATTORNEY 3 EXHIBIT A Budget Amendments CHARTER SCHOOL FUND 190 2oosi~o, ` ADOPtED ; zoosiao Aiw~`N-~~~~ , xoos~~o .. ~~,RIt~ED OBJECT BU[SGET _ AMO~Jl~T-~. .;, ~;~, 6~DGET; CODE' CATEGORY Revenues State Shared Revenues 400 5 577 38,000 5,615,400 3359100 Florida Education Finance , Program 400 577 $ 5 $ 38,000 $ 5,615,400 SUBTOTAL , , Other Non-Revenue $ - $ 99,000 $ 99,000 3811039 Transfers in 000 120 100,000 220,000 3999000 Beginning Surplus , 000 $ 120 $ 199,000 $ 319,000 SUBTOTAL , Total Amendments-Revenues ~~$~~ ~~~~~=`;::>~~;f304`: Expenditures KK=3 1502 Bonuses $ 42,000 0 $ $ 17,000 000 17 $ 59,000 $ 59,000 SUBTOTAL $ 42,00 , 4to8 000 $ 50 $ 21,000 $ 71,000 1502 Bonuses , 000 $ 50 $ 21,000 $ 71,000 SUBTOTAL , Capital Outlay 6307 Buildings charter school construction $ 1,600,000 $ 199,000 $ 1,799,000 SUBTOTAL $ 1,600,000 $ 199,000 $ 1,799,000 Total Amendments-Expenditures '~~~~~~?~~'~~`~~~~7i