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09-13-2011 1st Budget(ii Commission City Manager Susan Gottlieb, Mayor The City ®f Eric M. Soroka, 11MA -CM Zev Auerbach Al%e % ir" Ci G7erk Bob Diamond ( Teresa M. Soroka, MMC Billy Joel Teri Holzberg CityAttorney Michael Stern �,, , „�` Weiss Serota Hellman Luz Urbiez Weinberg 1Pastoriza Cole & Boniske AGENDA SEPTEMBER 13, 20116 PM Government Center 19200 West Country Club Drive Aventura, Florida 33180 1. CALL TO ORDER\ROLL CALL 2. PLEDGE OF ALLEGIANCE 3. ORDINANCES: FIRST READING - 2011/2012 BUDGET — PUBLIC HEARING A. AN ORDINANCE OF THE CITY OF AVENTURA, FLORIDA, ESTABLISHING AND ADOPTING THE CITY OF AVENTURA AD VALOREM TAX OPERATING MILLAGE LEVY RATE AT 1.7261 MILS PER THOUSAND DOLLARS OF TAXABLE ASSESSED PROPERTY VALUE, WHICH IS 5.92% ABOVE THE ROLLED BACK RATE COMPUTED PURSUANT TO STATE LAW, FOR THE 2011 TAX YEAR; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY AND PROVIDING FOR AN EFFECTIVE DATE. B. AN ORDINANCE OF THE CITY OF AVENTURA, FLORIDA, ADOPTING THE ATTACHED TENTATIVE OPERATING AND CAPITAL BUDGET, AS REVIEWED AND APPROVED BY CITY COMMISSION AT THE REVIEW MEETING HELD ON JULY 21, 2011, AS THE CITY OF AVENTURA FINAL BUDGET FOR THE 2011/2012 FISCAL YEAR, PURSUANT TO SECTION 4.05 OF THE CITY CHARTER; AUTHORIZING EXPENDITURE OF FUNDS ESTABLISHED BY THE BUDGET; PROVIDING FOR BUDGETARY CONTROL; PROVIDING FOR PERSONNEL AUTHORIZATION; PROVIDING FOR GIFTS AND GRANTS; PROVIDING FOR AMENDMENTS; PROVIDING FOR PROCEDURES REGARDING ENCUMBRANCES AND THE RE- APPROPRIATION OF UNEXPENDED CAPITAL APPROPRIATIONS; ESTABLISHING THE COMMITTED FUND BALANCE FOR CAPITAL RESERVE; PROVIDING FOR SEVERABILITY AND PROVIDING FOR AN EFFECTIVE DATE. 4. ADJOURNMENT This meeting is open to the public. In accordance with the Americans with Disabilities Act of 1990, ail persons who are disabled and who need special accommodations to participate in this meeting because of that disability should contact the Office of the City Clerk, 305 -466 -8901, not later than two days prior to such proceeding. One or more members of the City of Aventura Advisory Boards may be in attendance. Anyone wishing to appeal any decision made by the Aventura City Commission with respect to any matter considered at such meeting or hearing will need a record of the proceedings and, for such purpose, may need to ensure that a verbatim record of the proceedings is made, which record includes the testimony and evidence upon which the appeal is to be based. Agenda items may be viewed at the Office of the City Clerk, City of Aventura Government Center, 19200 W. Country Club Drive, Aventura, Florida, 33180. Anyone wishing to obtain a copy of any agenda item should contact the City Clerk at 305 -466 -8901. CITY OF AVENTURA OFFICE OF THE CITY MANAGER MEMORANDUM TO: City Commission FROM: Eric M. Soroka, ICMA -CM, City _pager DATE: September 1, 2011 SUBJECT: Ordinance Adopting Ad Valorem Tax Rate for Fiscal Year 2011112 1St Reading September 13 2011 City Commission Meeting Agenda Item A "d Reading September 21, 2011 City Commission Meeting Agenda Item 2 g — Attached for your approval is an Ordinance adopting the ad valorem tax rate for fiscal year 2011/12. RECOMMENDATION It is recommended that the City Commission adopt a millage rate of 1.7261 for fiscal year 2011/12. This rate includes no increase and in fact will result in tax savings to some residents whose taxable assessed value decreased. This will generate $11,955,146 based on an assessed value of $7,290,634,319. In light of the economic times our residents and businesses are experiencing the decision was made to hold our millage rate to the previous year. If you have any questions, please feel free to contact me. EMS /act Attachment ORDINANCE NO. 2011- AN ORDINANCE OF THE CITY OF AVENTURA, FLORIDA, ESTABLISHING AND ADOPTING THE CITY OF AVENTURA AD VALOREM TAX OPERATING MILLAGE LEVY RATE AT 1.7261 MILS PER THOUSAND DOLLARS OF TAXABLE ASSESSED PROPERTY VALUE, WHICH IS 5.92% ABOVE THE ROLLED BACK RATE COMPUTED PURSUANT TO STATE LAW, FOR THE 2011 TAX YEAR; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the Miami -Dade County Property Appraiser has certified a Tax Assessment Roll for the year 2011 which includes the assessment for the City of Aventura; and WHEREAS, the City Commission and the City Manager of the City of Aventura have reviewed the 2011/2012 fiscal year budget for the various operating departments of the City and the means of financing said budget; and WHEREAS, the City Commission has considered an estimate of the necessary expenditures contemplated for the fiscal year ensuing, and has determined that the levy set forth herein below shall provide a portion of the necessary funds for said expenditures. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AS FOLLOWS THAT: Section 1. The City Commission does hereby establish and adopt the City of Aventura Ad Valorem Tax Operating Millage Levy Rate of 1.7261 mils for the 2011 tax year, or $1.7261 per thousand dollars of taxable assessed property value. Said rate is greater than the rolled back rate of 1.6296 mills by 5.92 %. Section 2. The Miami -Dade County Tax Collector is hereby directed to proceed with the collection and enforcement of the taxes levied herein as authorized by State and County law. Section 3. All ordinances or parts of ordinances, resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of such conflict. Ordinance No. 2011 -07 Page 2 Section 4. Severability. The provisions of this Ordinance are declared to be severable and if any section, sentence, clause or phrase of this Ordinance shall for any reason be held to be invalid or unconstitutional, such decision shall not affect the validity of the remaining sections, sentences, clauses, and phrases of this Ordinance but they shall remain in effect, it being the legislative intent that this Ordinance shall stand notwithstanding the invalidity of any part. Section 5. Effective Date. This Ordinance shall be effective immediately upon adoption on second reading. The foregoing Ordinance was offered by Commissioner , who moved its adoption on first reading. This motion was seconded by Commissioner , and upon being put to a vote, the vote was as follows: Commissioner Bob Diamond Commissioner Teri Holzberg Commissioner Billy Joel Commissioner Michael Stern Commissioner Luz Urbaez Weinberg Vice Mayor Zev Auerbach Mayor Susan Gottlieb The foregoing Ordinance was offered by Commissioner , who moved its adoption on second reading. This motion was seconded by Commissioner , and upon being put to a vote, the vote was as follows: Commissioner Bob Diamond Commissioner Teri Holzberg Commissioner Billy Joel Commissioner Michael Stern Commissioner Luz Urbaez Weinberg Vice Mayor Zev Auerbach Mayor Susan Gottlieb PASSED AND ADOPTED on first reading this 13th day of September, 2011. 2 Ordinance No. 2011 - Page 3 PASSED AND ADOPTED on second reading this 21St day of September, 2011. Susan Gottlieb, Mayor ATTEST: Teresa M. Soroka, MMC City Clerk Approved as to Form and Legal Sufficiency: City Attorney 3 CITY OF AVENTURA OFFICE OF THE CITY MANAGER MEMORANDUM TO: City Commission FROM: Eric M. Soroka, ICMA -CM, City g r DATE: September 7, 2011 SUBJECT: Ordinance Adopting 2011/2012 Operating and Capital Budget 1St Reading September 13, 2011 City Commission Meeting Agenda Item ID 2 "d Reading September 21, 2011 City Commission Meeting Agenda Item Attached for your consideration is the adopting Ordinance and documentation for the 2011/12 Operating and Capital Budget. The Ordinance format is similar to the one utilized to adopt the 2010/11 fiscal year. However, a section was added to establish the Committed Fund Balance to be utilized for the Capital Reserve as required by our new Fund Balance Policy. If you have any questions, please feel free to contact me. EMS /act Attachment CCO1750 -11 At t PROPOSED OPERATING AND CAPITAL BUDGET FISCAL YEAR 2011/12 OPERATING AND CAPITAL BUDGET FISCAL YEAR 2011/12 CITY OF AVENTURA CITY COMMISSION Mayor Susan Gottlieb Commissioner Zev Auerbach Commissioner Bob Diamond Commissioner Teri Holzberg Commissioner Billy Joel Commissioner Michael Stern Commissioner Luz Urbaez Weinberg CITYMANAGER Eric M. Soroka, ICMA - CM DEPARTMENT DIRECTORS Weiss Serota Helfman Pastoriza Cole & Boniske, P.L., City Attorney Robert M. Sherman, Community Services Director Teresa M. Soroka, MMC, City Clerk Joanne Carr, Community Development Director Karen J. Lanke, Information Technology Director Steven Steinberg, Police Chief Julie Alm, Charter School Principal Brian K. Raducci, Finance Director Steven Clark, Arts &Cultural Center General Manager CITY OF AVENTURA OPERATING AND CAPITAL BUDGET FISCAL YEAR 2011/12 TABLE OF CONTENTS TOPIC PAGE NO. City Manager's Budget Message I -XIV Organization Chart/ Mission Statement XV Distinguished Budget Presentation Award XVI INTRODUCTION 1 -1 Overview 1 -2 Budget Procedures and Process 1 -5 Financial Polices 1 -8 Cash Management/investment Policies 1 -9 Fund Balance Policies 1 -10 Financing Programs and Debt Administration 1 -13 Risk Management 1 -14 Demographics and Miscellaneous Statistics 1 -15 Budget Preparation Calendar 1 -16 Property Tax Information 1 -17 Comparison of Number of Employees 1 -20 SUMMARY OF ALL FUNDS 2 -1 Comparative Personnel Summary 2 -3 Fund Balance Analysis 2 -4 GENERAL FUND 2 -5 Summary of Budget 2 -6 Revenue Projections 2 -9 Expenditures: City Commission 2 -19 Office of the City Manager 2 -23 Legal Department 2 -29 City Clerk's Office 2 -32 Finance Department 2 -38 Information Technology Department 2 -44 Public Safety Department 2 -51 Community Development Department 2 -59 Community Services Department 2 -65 Arts & Cultural Center Department 2 -72 Non - Departmental 2 -78 Capital Outlay 2 -82 POLICE EDUCATION FUND 2 -87 TRANSPORTATION AND STREET MAINTENANCE FUND 2 -90 POLICE CAPITAL OUTLAY IMPACT FEE FUND 2 -95 PARK DEVELOPMENT FUND 2 -98 911 FUND 2-101 DEBT SERVICE FUNDS 2 -105 CAPITAL CONSTRUCTION FUNDS 2 -119 STORMWA TER UTILITY FUND 2 -121 POLICE OFFDUTY SERVICES FUND 2 -125 SUMMARY OF CAPITAL IMPROVEMENT PROGRAM 3 -1 2011 -2016 Highlights 3 -2 Purpose of the Capital Improvement Program 3 -3 Legal Authority 3 -4 Development of Capital Improvement Program 3 -4 Capital Improvement Program Policies 3 -5 Preparing the Capital Budget 3 -6 Summary of Recommended Projects 3 -7 Summary of Financing Plan Model 3 -10 Proposed Beautification and Park Facilities Improvements 3 -11 Proposed Transportation, Drainage and Infrastructure Improvements 3 -12 Proposed Public Buildings and Facilities Improvements 3 -13 Proposed Information /Communications Technology 3 -14 Proposed Capital Equipment Purchase and Replacement 3 -15 Impact of Capital Projects on Operating Budget 3 -16 APPENDIX 4 -1 Office of the City Manager Citv of AventuTa W or mMcnt centcr 19200 Webi Coup" Club Drive A-- x --nwra, Florida 33 180 The Honorable Mayor and City Commission City of Aventura Aventura, Florida 33180 RE: 2011/12 Budget Message Members of the City Commission: In accordance with Article IV, Section 4.05 of the Charter of the City of Aventura, I hereby submit the proposed Operating and Capital Budget for all funds for the fiscal year beginning October 1, 2011, for your review and consideration. The budget document emphasizes a professional and conservative fiscal approach and represents the single most important report presented to the City Commission. It is primarily intended to establish an action, operational, and financial plan for the delivery of City services. As the City continues to respond to the economic recession that has resulted in an erosion of our tax base over the past four years, every effort was made to maintain our quality municipal services, in particular public safety services, free shuttle bus service, park availability hours and our signature beautification efforts. Cost saving measures and favorable bid results for service contracts assisted the City in addressing the revenue reductions and the current economic climate. Going forward in these uncertain economic times we need to continue our prudent fiscal practices. This document serves as an aid to the residents in providing a better understanding of the City's operating and fiscal programs. This government promotes and supports a high quality of life for its citizens, businesses and visitors. Budget Format This single budget document, which includes all City Funds and service programs, has been prepared to provide the public with a comprehensive overview of all City services and financial framework. A separate budget document for the Charter School is adopted by the City in May of each year. The budget is a performance based plan that links goals and objectives with the financial resources necessary to achieve them. In order to ensure that goals and objectives established in the budget planning process are translated into results, the resources allocation process is tied to performance. The budget document contains performance /workload indicators to facilitate this process. Every effort was made to provide a budget document that can be fully reviewed and justified to the City Commission and residents. The preparation of the budget document marks a continued commitment to a planned and professional process of developing a budget that will address both current and future issues facing the City. It also demonstrates the City's commitment to providing adequate service levels and the necessary justification to support all expenditure requests. Significant Factors Affecting Budget Preparation Over the past four years the City has experienced huge losses in property tax revenue. Between the economic recession that resulted in lower property values and voter - approved constitutional amendments that took effect three years ago, the City's taxable value has decreased from $9.609 Billion to $7.291 Billion. This represents a loss of 24% or $4.0 million in tax revenue compared to the 2007 tax roll year. This year the City experienced a 0.6% increase in the property values. $10.00 0 0 $9.00 m $8.00 $7.00 $6.00 $5.00 $4.00 $3.00 $2.00 $1.00 $0.00 Assessed Values $8.064 r $7.245 $7.291 ro Cautiously, it appears that trends point to the probability that the City's overall property values may have "bottomed out ". Recently, we have witnessed positive signs that the local economy has shown some improvement. The new construction values rose moderately to 33.5 million. However, as we continue to observe, the recovery from this economic downturn is slower and longer than previous recoveries. All indications are that for the next several years we will experience either no or slow growth in the South Florida economy. More important, it is doubtful that the loss of housing values caused by the recession will share in a recovery for some time. There was one silver lining to the recession that assisted the City in reducing its operating costs. The model of privatizing many service areas of the City's operations over the years has served the City well and has allowed for a more cost effective service delivery system as compared to the traditional government structure. Over the past two years as the service contracts expired and were placed out for bids, the results were very favorable to the City and produced cost savings while maintaining current levels of service. The largest cost savings were realized in the maintenance and transportation service areas. In addition, capital project bids also produced favorable results and lower costs as compared to prior years. In response to the current economic environment, the following important financial goals guided the preparation of this years' budget: • Limit the overall operating costs increase to 2% while maintaining the current service levels and programs. The budget would not include any expansion or new government services. • Avoid increasing the property tax rate In light of the economic times our residents and businesses are experiencing. • Bridge the revenue gap by utilizing reserve funds to support nonrecurring capital improvements. The budget process produced a total budget $6,678,979 or 11.8% less than the previous year. This was due primarily to a 2010/11 $5.6M budget amendment that pertained to the refunding of the remaining portion of the original Series 1999 Revenue Bonds. If you were to exclude this one -time budget amendment, the 2011/12 budget is lower by $1,113,979 when compared to the previous year's budget. Operating costs were limited to a 1.1% increase as compared to the previous year. Lower costs associated with service delivery contracts assisted greatly in reducing our overall costs. Historically, this budget represents the lowest percentage of operating cost increase over the prior year since the incorporation of the City. The previously mentioned refinancing of the original Series 1999 Revenue Bonds in this fiscal year resulted in a cost saving of $140,555. It is important to note that the City has experienced reductions in utility expenses based on implementing various energy saving measures throughout the organization. In addition several other cost saving measures have been implemented including issuing stipends in lieu of City issued phones for non - essential employees, reducing the Community Service Department's fleet size and utilizing more paperless strategies. In order to balance the budget, $504,120 was utilized from the City's reserve funds in order to fund a portion of the nonrecurring capital projects contained in the budget. The City very prudently set aside reserves during better economic conditions. The key to our long time fiscal stability is to ensure that the amount used from the reserves is kept to a minimum. Capital Outlay costs decreased by $784,041 or 4.3% due to the completion of major capital projects in prior years. Keeping in line with the stated goals, the same tax rate as the prior year is recommended to balance the budget while maintaining all current service levels to the community. The rate continues to be the lowest in the County. In addition, the budget does not include any expansion or additional services. The total number of full -time employees contained in the proposed budget is 173 as compared to 174 in 2010/11 fiscal year. Based on a reorganization of staffing in the Community Services Department that recently occurred, one position (Recreation Services Superintendent) was eliminated and resulted in a cost savings of $92,000. Due to the new Federal health care requirements, an 8% increase in the employee health insurance premiums impacted the budget by $155,152. Due to the anticipated slow economic recovery, it is almost certain that fund balances or new revenues sources will be needed to balance future year's budgets. Every effort should be made to ensure fund balances are only utilized to fund nonrecurring capital projects and not annual operating costs. We need to continue to remain prudent and conservative in our financial management of the City. The City's residents deserve quality municipal services provided in a productive and efficient manner at the lowest possible cost. They also deserve proper justification when a budget is proposed. I believe the budget contained within does all of this. 2011/12 Budget Priorities /Goals The following represents the pre - established priorities and goals that provided a framework for the preparation of the 2011/12 Budget Plan. ✓ Avoid increasing the property tax rate in light of the economic times our residents and businesses are experiencing. ✓ Bridge the revenue gap by utilizing reserve funds to support nonrecurring capital improvements. ✓ In response to decreased revenues, limit increases in operating costs to 2% while maintaining current service levels and programs. ✓ Continue to adopt "Go Green" initiatives in order to save energy, conserve precious natural resources and reduce our impact on climate change. These initiatives over time will also reduce our annual operating cost and impacts on the environment. ✓ Provide funding to maintain landscaped areas and the City's infrastructure to continue to provide a high quality maintenance program. ✓ Continue to utilize technology to improve productivity and lower costs of providing services. ✓ Implement and fund the "pay as you go" Capital Improvement Program to address the City's infrastructure needs. Summary of All Budgetary Funds The total proposed budget for 2011/12, including all funds, capital outlay and debt service, is $49,896,790. This is $6,678,979 or 11.8% less as compared to the prior year. Operating expenditures total $28,807,281, while Capital Outlay expenditures total $18,521,599 and Debt Service expenditures total $2,567,910. FUND General Police Education Transportation Police Impact Fee Park Development E911 Debt Service Stormwater Utility Police Offduty Services Fund Summary by Amount PROPOSED AMOUNT % OF BUDGET $46,667,048 89.4% 11,000 .0% 176427150 3.0% 16.557 .0% 2,246 .0% 2117650 0.5% 275677910 4.9% 8417458 1.6% 2407000 .5% IV Fund Summary by Percentage General 89.4% Police Education 0.0% Transportation 3.0% . Police Impact Fee 0.0% - '- - Park Development �•._ - - - _ 0.0% E911 0.5% Expenditures by category are as follows: De bt S e ry is e 4.9% ■ Stormw ater Uti I ity \ 1.6% Police Offduty Services 0.5% CATEGORY Category Summary PROPOSED AMOUNT OF BUDGET Personal Services $ 1879677221 38.0% Contractual Services $ 478507253 9.7% Other Charges /Svcs $ 470787705 8.2% Commodities $ 6877642 1.4% Other Operating Expenses $ 2237460 0.4% Capital Outlay $ 1875217599 37.1% Debt Service $ 275677910 5.1% Total Expenditures $ 49, 896, 790 100.0% Category Summary by Percentage Contractual Services 9.7% Other Charges & Services 8.2% Commodities Personal Services f ,�� ~, 1.4% 38.0% Other Operating Expenses ' 0.4% r r � r' 1 De bt S e ry is e f r 5.1% r' r Capital Outlay 37.1% V The following chart shows a comparison of each department's budget for the past two (2) years. Although it appears that total costs decreased by 11.8% compared to the prior year, this was due primarily to a 2010/11 $5.6M budget amendment that pertained to the refunding of the remaining portion of the original Series 1999 Revenue Bonds. This resulted in an approximate $530,000 savings. If you were to exclude this one -time budget amendment, the 2011/12 budget is lower by $1,113,979 when compared to the previous year's budget. Deaartmental Budaet Comaarison The General Fund is used to account for resources and expenditures that are available for the City's general operations of city government functions. RP_VP_nl1P_S The revenues, available for allocation in the 2011/12 fiscal year General Fund Budget, including inter -fund transfers, are anticipated to be $46,667,048. This is a decrease of $273,089 or 0.6% as compared to last year. Locally Levied Taxes — The City's assessed value as reported by the County Property Appraiser Department is $7,290,634,319. This amount is 0.6% or $46,027,712 more than last year. The new construction value was $33,596,714. The ad valorem millage levy for fiscal year 2011/12 is recommended to be 1.7261, which is the same rate adopted last year. This will generate $11,955,146 compared to last year's amount of $11,879,670. This represents the 16th consecutive year without an increase. The budget includes $3,908,625 from electric utility taxes and anticipated utility taxes for water and gas and the unified VI Increase 2010/11 2011/12 (Decrease) % Change City Commission 1191927 1191938 11 0.0% Office of the City Manager 8681416 8881673 201257 2.3% Legal 2801000 2801000 - 0.0% City Clerk 2861068 2701082 (15,986) -5.6% Finance 8491590 8751064 251474 3.0% Information Technology 9151901 9691176 531275 5.8% Police 1512701691 1612761119 110051428 6.6% Comm. Development 1,477, 308 115061872 291564 2.0% Community Services 610941912 513441104 (750,808) -12.3% Arts & Cultural Center 6841875 6731253 (11,622) -1.7% Non - Departmental 116351000 116041000 (31,000) -1.9% Subtotals 28, 482, 688 28, 807, 281 3241593 1.1% Capital Outlay 315891741 3,108, 700 (481,041) -13.4% C I P Reserve 16, 215, 527 15, 412, 899 (802,628) -4.9% Debt Service 812871813 215671910 (51719,903) -69.0% Totals 56, 575, 769 49, 896, 790 (61678,979) -11.8% GENERAL FUND The General Fund is used to account for resources and expenditures that are available for the City's general operations of city government functions. RP_VP_nl1P_S The revenues, available for allocation in the 2011/12 fiscal year General Fund Budget, including inter -fund transfers, are anticipated to be $46,667,048. This is a decrease of $273,089 or 0.6% as compared to last year. Locally Levied Taxes — The City's assessed value as reported by the County Property Appraiser Department is $7,290,634,319. This amount is 0.6% or $46,027,712 more than last year. The new construction value was $33,596,714. The ad valorem millage levy for fiscal year 2011/12 is recommended to be 1.7261, which is the same rate adopted last year. This will generate $11,955,146 compared to last year's amount of $11,879,670. This represents the 16th consecutive year without an increase. The budget includes $3,908,625 from electric utility taxes and anticipated utility taxes for water and gas and the unified VI communications tax make up the remainder of this category and are based on historical data and the number of residential and commercial establishments located in the City. Licenses and Permits — The amount for this revenue category is projected to be $440,000 more than the prior year which is reflective of the slight upturn in building and renovation activity. The budget includes $2,991,000 from FPL franchise fees based on the Interlocal Agreement with the County and $1,300,000 for building permits. Intergovernmental Revenues —Total revenues for this category are projected to decrease by $5,458 as compared to the amount budgeted for the prior year due to anticipated lower Sales tax revenue. Charges For Services — Revenues relating to charges for services are anticipated to be $39,750 more than the prior year's budget. The majority of the increase is attributed to revenue generated from recreation user fees from increased participation. Fines and Forfeitures — Total revenues projected for 2011/12 is $1,457,000. Revenues from county court fines and intersection safety violations are included in this category. Miscellaneous Revenues — Projected revenues are anticipated to be $191,000. This is a decrease of $229,000 compared to the amount budgeted for the prior fiscal year. This is due to lower than expected interest earnings . Fund Balance — This represents a designated amount of funds accumulated in reserves. The amount utilized from the fund balance is $15,697,608. Non - Revenues — This represents transfers from the E911 Funds to the General Fund. .r Intergovernmental Revenue 4.7% Trans 0.2`, Revenues by Source Locally Levied Taxes 18.1% VII Fund Balance 33.6% Services 0 Fines & Forfeitures ies 3.1% Expenditures The estimated 2011/12 General Fund expenditures contained within this budget total $46,667,048 and are balanced with the projected revenues. Total expenditures are $273,089 or 0.6% less than the 2010/11 fiscal year amount. The operating expenditures have increased by $551,507 or 2.1 % as compared to the prior year. CATEGORY SUMMARY Increase Category 2010/11 2011/12 (Decrease), %Change Personal Services 18, 097, 235 18, 727, 221 6291986 3.5% Contractual Services 315861375 315751253 (11,122) -0.3% Other Charges /Svcs 410231904 319581705 (65,199) -1.6% Commodities 6481600 6831642 351042 5.4% Other Operating Expenses 2441260 2071060 (37,200) -15.2% Total Operating Expenses 2616001374 2711511881 5511507 2.1% Capital Outlay 18, 078, 229 17, 294,188 (784,041) -4.3% Transfer To Funds 212611534 212201979 (40,555) -1.8% Total Expenditures 46, 940,137 46, 667, 048 (273,089) -0.6% Personal Services Personal Services increased by $629,986 or 3.5% compared to the prior year. Of this amount, 1.5% or $255,152 can be attributed to increased health insurance costs and police overtime. Expenditures for non - unionized employees have been budgeted to reflect a 2.5% cost of living adjustment and a performance /merit increase amount that averages 3% per employee. The costs associated with the PBA Collective Bargaining Agreement are included in the proposed budget. The total number of full -time employees is 173 compared to 174 in 2010/11 fiscal year. Based on a reorganization of staffing in the Community Services Department that recently occurred, one position (Recreation Services Superintendent) was eliminated and resulted in a cost savings. The total number of part - time employees remains at 12. Other personnel changes contained in the budget are as follows: • Police Department - Reclassified an Assistant Fleet Manager position and a Service Aide position to Fleet Maintenance Worker. Reclassified a Crime Scene II position to Property Room /Crime Scene Supervisor. Reclassified a Police Officer position to Sergeant. • City Clerk's Office — Reclassified Administrative Assistant to City Clerk position to Executive Assistant to City Clerk. The per capita number of employees is significantly lower than adjacent municipalities. This is due to the City's emphasis on privatizing major functions of City services for greater productivity. Total pension costs increased by $58,000 or 2.5% compared to the prior year. VIII 2011/12 2010/11 COMPARATIVE STAFFING LEVELS 5 � 120 �7 47 6 16 14 120 �4�6 r' 25 50 75 100 125 Charter School ■ Community Services ■ Community Development Pol ice ■ Information technology ■ Finance City Clerk's Office ■ City Manager ■ City Commission Operating Expenses The expenditures for contractual services are budgeted at $3,575,253 or 7.7% of the General Fund budget. This is $11,122 less than the prior year. Major decreases in the cost of providing maintenance services based on favorable bid results were offset by increases in building inspection services generated by building activity and costs associated with the Traffic Safety Program. Expenditures for other charges and services are budgeted at $3,958,705, which represents 8.5% of the total budget. This category decreased by $65,199 due to savings in utility and communications costs based on the implementation of "Go Green" polices and the cell phone stipend program. Expenditures for commodities are budgeted at $683,642, which represents 1.5% of the total budget. This category increased by $35,000 due to increased fuel prices. Total costs associated with other operating expenses are budgeted at $207,060 which represents .4% of the total budget. Capital Outlay General Fund projects included in the first year of the City's five year Capital Improvement Program (CIP) for 2011 -2016 represent a long term plan to address infrastructure maintenance needs. A total of $2,100,700 has been budgeted in the General Fund for Capital Outlay projects along with a $15,193,488 reserve to fund future projects. Major General Fund capital outlay items are as follows: Radio Purchase & Replacement $688,000 Equipment $158,000 Police Vehicles $430,000 Founders Park Improvements $74,000 Street Lighting Improvements $300,000 E911 Equipment 15,000 Computer Equipment $252,900 Beautification Projects $7,800 Government Center Improvements $175,000 Transfer to Funds Transfers to the debt service funds to pay principal and interest payments associated with the long -term financing of bonds and loans is $2,120,979 which is a decrease of $140,555 as compared to the prior year. The transfer also includes $100,000 from the Traffic Safety Program to the Charter School Fund. IX SUMMARY OF EXPENDITURES BY DEPARTMENT GENERAL FUND Legal City Clerk g 0.6% 0.6% Information Technology 2.2% Finance 2.0% - Office of the City Manager 2.0% •k City Com missio 0.3% Police 35.6% - -'-� Community Development 3.4% i X toapitai vutiay 38.7% Community Services 9.1% W,--- Arts & Cultural Center 1.5% �i Non - Departmental 3.6% Transfers 0.5% Increase 2010/11 2011/12 (Decrease) % Change GENERAL GOVERNMENT City Commission 1197927 1197938 11 0.0% Office of the City Manager 8687416 8887673 207257 2.3% Legal 2807000 2807000 - 0.0% City Clerk 2867068 2707082 (157986) -5.6% Finance 8497590 8757064 257474 3.0% Information Technology 9157901 9697176 537275 5.8% Total Gen. Gov't 373197902 374027933 837031 2.5% PUBLIC SAFETY Police 14, 898, 377 15, 895, 719 9977342 6.7% Comm. Development 174777308 175067872 297564 2.0% Total Public Safety 1673757685 1774027591 170267906 6.3% COMMUNITY SERVICES Total Community Services 475847912 470697104 (515,808) -11.3% Arts & Cultural Center 6847875 6737253 (11,622) -1.7% 572697787 477427357 (527,430) -10.0% OTHER NON - DEPARTMENTAL Non - Departmental 176357000 176047000 (31,000) -1.9% Tranfers to Funds 272617534 272207979 (40,555) -1.8% Capital Outlay 1870787229 1772947188 (784,041) -4.3% Total other Non -Dept. 2179747763 2171197167 (855,596) -3.9% TOTAL 46, 940,137 46, 667, 048 (2737089) -0.6% Legal City Clerk g 0.6% 0.6% Information Technology 2.2% Finance 2.0% - Office of the City Manager 2.0% •k City Com missio 0.3% Police 35.6% - -'-� Community Development 3.4% i X toapitai vutiay 38.7% Community Services 9.1% W,--- Arts & Cultural Center 1.5% �i Non - Departmental 3.6% Transfers 0.5% Police Education Fund This Fund is used to account for revenues and expenditures associated with the two dollars ($2.00) the City receives from each paid traffic citation, which, by state statute, must be used to further the education of the City's Police Officers. A total of $11,000 is anticipated in revenue for 2011/12. The amount budgeted for expenditures will be used for various state - approved training programs throughout the year. Transportation and Street Maintenance Fund This fund was established to account for restricted revenues and expenditures which by State Statute and County Transit System Surtax Ordinance are designated for transportation enhancements, street maintenance and construction costs. Revenues are projected to be $1,642,150 for 2011/12. The County Transit System Surtax is estimated to generate $906,400. The funds will be used to provide transit system services, maintenance, street light improvements on Biscayne Boulevard and fund road resurfacing projects (NE 31 th Avenue /NE 185th Street and a portion of NE 191St Street.). Operating expenditures for maintenance are budgeted at $400,000. Police Capital Outlay Impact Fee Fund This fund was created to account for impact fees derived from new developments and restricted by ordinance for Police capital improvements. This fund provides a funding source to assist the City in providing police services required by the growth in the City. The proposed Police Capital Outlay Impact Fee Fund for 2011/12 is $16,557, due to the decline in new development based on current economic conditions. Park Development Fund This fund is used to account for revenues and expenditures specifically earmarked for capital improvements to the City's park system. The fund accounts for impact fees derived from new developments and grant funds restricted by ordinance for Park capital improvement projects. The proposed Park Development Fund for 2011/12 is $2,246. Due to the decline in new development based on current economic conditions no revenue is anticipated. 911 Fund This fund is used to account for revenues and expenditures specifically earmarked for the City's emergency 911 system in accordance with Florida Statute 365.172. The funds may be used to provide emergency dispatch systems, training, communication, maintenance and repairs and related capital outlay purchases. The fund offsets a portion of the emergency 911 operational costs. The anticipated revenues for 2011/12 are $211,650. Funds will be used to pay costs associated with the 911 system and transfer an amount to the General Fund to offset communication officer costs. XI Debt Service Funds These funds were established to account for revenues transferred from the General Fund and debt service payment expenditures associated with the long -term financing of the following bonds and loans: 2010 & 2011 Debt Service Fund — Established for the purchase of Founders Park, the permanent Government Center site and construction of the Government Center. The orginal debt issued in 1999 was refinanced in 2010 and 2011. The proposed budget for 2011/12 is $172077734. 2000 Loan Debt Service Fund — Established for the construction of the Community Recreation Center and the acquisition of Waterways Park. The proposed budget for 2011/12 is $508,465. 2002 Loan Debt Service Fund — Established for the acquisition of the property for the Charter School and to partially fund the Community Recreation Center. The proposed budget for 2011/12 is $404,780. FIFC Loan Debt Service Fund — Established for the construction and equipment of the Charter Elementary School. The proposed budget for 2011/12 is $446,931. The total budget for all Debt Service Funds is $2,567,910. Although it appears that total costs decreased by $5,719,903 compared to the prior year, this was due primarily to a 2010/11 $5.6M budget amendment that pertained to the refunding of the remaining portion of the original Series 1999 Revenue Bonds. This resulted in an approximate $530,000 savings. If you were to exclude this one -time budget amendment, the 2011/12 budget is lower by $154,903 when compared to the previous year's budget. Capital Construction Funds These funds were established to account for the acquisition and /or construction of major capital projects funded by bond or loan proceeds and transfer from other governmental funds. No projects are included in this fund at this time. Stormwater Utility Fund This fund is used to account for revenues and expenditures specifically earmarked for the construction and maintenance of the City's stormwater drainage system. The maintenance costs total $505,000. Capital improvements to the drainage system are budgeted in the amount of $200,000. A reserve account to assist in funding future projects was established in the amount of $141,458. Revenues are projected to be $841,458 for 2011/12. It is recommended that the current rate of $2.50 /ERU be maintained. Police Offduty Services Fund This Fund was established to account for revenues and expenditures associated with services provided by offduty Police Officers in private customer details to the various XII businesses and condominium associations. The proposed Police Services Fund for 2011/12 is anticipated to be $240,000. Summary I am pleased to submit the detailed budget contained herein for fiscal year 2011/12. The budget reaffirms the City Commission's commitment to maintain our quality services at their current levels in light of the economic downturn and without raising the tax rate. Over the years, this City has maintained the lowest tax rate in the County. Without increasing the property rate again this year, coupled with lower property values some residents and businesses will once again see a tax reduction. This budget document and its related policies represent our continued commitment to excellence and to our residents. Some of the major points emphasized, in the proposed budget, are as follows: • For the sixteenth year, no property tax increase. By adopting last year's millage rate, which is less than the roll back rate, most residents with lower property assessments will see a reduction in their City's taxes. • Total expenditures in all funds decreased by 11.8 %. • The operating cost increases were held to less than 2.0% without reducing current service levels or laying off employees. • Approximately $504,000 was utilized from the City's reserve funds to balance the budget and fund nonrecurring capital projects. • Funds Phase 2 of upgrading the street lighting on the eastside of Biscayne Boulevard. • Includes $74,000 for improvements to Founders Park including replacing exercise equipment, pour in place surfacing and shade covers for the bleachers. • Funds $608,000 to resurface NE 31 t Avenue /NE 185th Street, NE 188th Street and a portion of NE 191st Street. • Continues to implement technology enhancements that develop our "Electronic Government" to allow the public to interact more easily and conveniently with the City and to automate City operations. • Continues contracting most maintenance functions, engineering, plan review and inspection services, as well as the operation of the Arts & Cultural Center to the private sector. • Funds police equipment needs from laptop computers to new police vehicles in the amount of $1,384,500. • Includes $200,000 to upgrade the City's drainage system. XIII • Continues to adopt "Go Green" initiatives in order to save energy, conserve precious natural resources and reduce our impact on climate change. The preparation and formulation of this document could not have been accomplished without the assistance and dedicated efforts of all Department Directors and the Finance Director. All questions relating to the budget should be referred to my attention. A Commission meeting will be held on July 21, 2011 to review in detail the proposed budget document. Respectfully submitted, Eric M. SoVa City Manager Xlv Organization Chart CITY OF AVENTURA Ir Residents City Commission City Attorney City Manager Administration Legal Services Budget Preparation Customer )ervice jects Capital Projects Personnel Public Safety Department Police Patrol Community Relations Criminal investigations Traffic Enforcement Emergency Preparedness Community Development Department Planning Zoning Building Inspections Code Enforcement Economic Development Occupational Licenses Charter School Department I I K-8 School Finance Department Finance/Accounting Purchasing Risk Management Arts & Cultural Center Department Facility Management Performing Arts Programming Our Mission Statement City Clerk Minutes Records Retention Clerical Support Elections Information Technology Department Communications Community Services Department, Community Facilities Parks/Beautification ROW/Median Maint. Public Works Mass Transit Special Events Recreation/Cultural Our mission is to join with our community to make Aventura a city of the highest quality and a city of excellence. We do this by providing RESPONSIVE, COST EFFECTIVE AND INNOVATIVE local government services. xv The Government Finance Officers Association of the United States and Canada (GFOA) presented a Distinguished Budget Presentation Award to City of Aventura, Florida for its annual budget for the fiscal year beginning October 1, 2010. In order to receive this award, a governmental unit must publish a budget document that meets program criteria as a policy document, as an operations guide, as a financial plan, and as a communications device. This award is valid for a period of one year only. We believe our current budget continues to conform to program requirements, and we are submitting it to GFOA to determine its eligibility for another award. XVI M a moo , 4 lip iii i� y C ii INTRODUCTION 1 -1 Overview Location and Size Aventura, one of Miami - Dade's newest communities, was incorporated in 1995 and is a young, vibrant, full- service municipality with a diverse demographic base and is recognized internationally as a premier location in which to live, shop and play. Aventura is 3.2 square miles located on the Intracoastal Waterway in northeast Miami - Dade County and is conveniently located between Miami and Fort Lauderdale, just east of 1-95. The northern boundary of the City is the Miami - Dade /Broward County line, the western is the FEC Railroad, the eastern is the Intracoastal waterway and the southern boundary is NE 176th Street. lant8t���1 I �� I ' �• °� � 31ti I3 u F � u GMT- �- • - M r�� ,rraQd .• I • �• r: = �-�- �� r1a113rrd31� I- L L y� rr rl rth IN.Affil 1 3 • - i0A i.9ri ii 1h.0 r q�:p ;� 1 = r N�rik 93k 'r•I la�� , ■ I I 1 -dLA ' _ h- • '. 11 �• p 4f .{,*. :F: _ _�1a�IIrIF�Kkr "ice 1 - 1 1 - VUcrrtchcstLY Aventura is an upscale condo community with some of South Florida's best -known large - scale condominium projects and apartment buildings. Restaurants, movie theaters and the Aventura Mall are conveniently located nearby and downtown Fort Lauderdale and Miami are just 20 minutes away. 1 -2 City Facts • Location: 12 miles north of Miami 12 miles south of Fort Lauderdale 1 mile west of the Atlantic Ocean • Zip Codes: 33180, 33160 • Police Force: 82 Sworn Officers and 38 Civilians • Major Economic Drivers: Retail, medical • Number of Businesses: 2,708 Government Structure The form of government used in the City of Aventura, pursuant to its Charter, is a Commission - Manager form of government. Under this form of government the City Commission is the legislative branch of the government and the City Manager is the executive branch of the government. The City Commission enacts Ordinances, the laws of the City, adopts Resolutions authorizing actions on behalf of the City, reviews plans for development and establishes the policies by which the City is governed. The City Manager is the Chief Executive Officer of the City, overseeing the day -to -day operations, administering the City's service providers, preparing long range plans and implementing the policies established by the City Commission. The City Commission hires the City Attorney, City Clerk and City Manager who then hires all subordinate employees. The City Commission is comprised of seven (7) members, including the Mayor and six (6) Commissioners. The Mayor is the ceremonial leader of the City, the presiding officer at Commission Meetings and is a voting member of the Commission, with his /her vote having no more or less weight than that of any other member of the Commission. While the leading political figure of the City, the Mayor does not bear the responsibility nor has the authority of directing the day -to -day municipal activities. The Mayor executes all Ordinances, Resolutions and issues Proclamations on behalf of the City, and represents the City to other public and private entities. The position of Mayor is considered to be "part- time" and not an employee of the City. The Mayor is elected at large to a four -year term, and may reside in any area of the City. City Commissioners each have the same authority and ability to bring, discuss and vote on matters before the Commission. The position of Commissioner is considered to be "part- time" and not an employee of the City. For election purposes, the City is divided by the William Lehman Causeway into two (2) areas. The City Charter requires that two (2) Commissioners reside in the northern area, and two (2) Commissioners reside in the southern area, and two (2) Commissioners and the Mayor shall be elected without regard to residence in any particular area. The City Commission is committed to providing quality municipal services at the lowest possible cost. The City's operating departments include the Office of the City Manager, City Clerk's Office, Legal, Community Development, Community Services, Finance, Information Technology, Charter School, Arts & Cultural Center and Public Safety. 1 -3 Always progressing... Since the City's incorporation, millions of dollars have been spent on infrastructure improvements including streets, sidewalks, lighting, park development, beautification projects, drainage, pedestrian and safety improvements. Some of these improvements include: • A state -of -the -art Government Center provides a one - stop -shop for its residents and houses all governmental operations, including Commission Chambers, Police Station and administrative offices. • A Community /Recreation Center situated on 2.8 acres of land in a park like setting on the waterfront. This 25,000 square foot facility includes a gym, meeting rooms, computer lab, exercise and aerobic facilities. • The first municipal -run charter school in Miami -Dade County. In order to address the growing number of families with school age children, the City Commission chose to take an aggressive approach to meet its changing demographics. Doors opened to the Aventura City of Excellence School in the fall of 2003 which is adjacent to the new Community Recreation Center. The 84,000 square foot state -of- the -art school serves 972 Aventu ra schoolchildren from kindergarten to 8t" grade. • In 2010, the City's Arts & Cultural Center opened and has provided numerous performing arts and cultural events for all age groups in the community. Privatization of Services The following services are contracted to private contractors or vendors via performance contracts: • Building Plans Review & Inspections • Road, ROW, Park & Median Maintenance • Engineering Services • City Attorney and Legal Services • Recreation Programming & Special Events • Arts & Cultural Center Operations • Solid Waste • Shuttle Bus Service • Charter School Teachers and Educational program • Planning Services Incorporation Accomplishments •'• Highly Visible Police Department, Low Crime Rate •'• Strong and Growing Economic Base •'• Lowest Tax Rate — No Increase for the Past 15 Budgets •'• New Parks and Recreational Opportunities for All Age Groups •'• Citywide Shuttle Bus Service — Ridership Continues to Expand •'• Road and Safety Improvements — Traffic Lights, Sidewalks •'• New Land Development Regulations — Control Over Zoning •'• Citywide Beautification Program — Bus Shelters & Benches •'• High Landscape and Roadway Maintenance Standards ❖ Reduced Costs to Citizens — City's Assumption of roads, landscaping and bus service. ❖ "A" rated Charter School •'• Community Recreation Center ❖ Government Center •'• Arts & Cultural Center Long Term Goals & Objectives On November 7, 1995, the citizens of Aventura overwhelmingly voted to approve the City's Charter and officially incorporate as Miami -Dade County's 28t" municipality. Incorporation afforded residents the opportunity to improve the quality of government services they receive and take control of the City's destiny. Since incorporation, a great deal of progress has been made to accomplish the goals of 1 -4 incorporation with the creation of our own police force, new and expanded parks and recreation opportunities and citywide beautification projects. Aventura is governed by a commission - manager form of government, combining the political leadership of its elected officials with the executive experience of its City Manager. This structure is vastly different from that of other local governments, emulating the private sector by privatizing services and emphasizing customer service based on the following principles: • Prompt response to citizen requests. • One -stop service for permits and business licenses. • Commitment to public involvement. • Utilization of "Electronic Government" to provide service and information. • Commitment to hiring only the most qualified and highly motivated employees. • Limiting the number of employees by privatizing or contracting with the private sector for many services. • A professional, businesslike manner at all times. • An emphasis on quality not quantity. • A high quality of life for citizens, businesses and visitors. • A safe and secure environment to live and work. • Low taxes. • Establishing a small number of operating departments that work closely with the community. Budget Procedures and Process Budget System The City of Aventura uses the Budgeting by Objectives Process in the formulation of its budget. Departmental Budgets include a Recap page that contains the Department Description and Personnel Allocation Summary and Organization Chart. Each department also includes an Objectives page and a Budgetary Account Summary. The Objectives page presents a review of the department objectives and performance /workload indicators. The Budgetary Account Summary provides expenditure detail and a comparison of current and previous year's expenditures. The Budgetary Process is intended to be very valuable in communicating with the Commission and citizens of the City. Budget Process The City's fiscal year shall begin on October 1St and end on September 30th of each year as mandated by Florida statutes. When the certified taxable real estate and tangible property values for the City is received from the Miami -Dade County Property Appraiser on July 1St of each year, the City Manager then submits to the City Commission the Proposed Operating and Capital Budget for the coming year no later than July 10th of each fiscal year. The preliminary millage rate is based on the certified taxable value. The appropriations contained in the proposed recommendation shall not exceed the funds derived from taxation and other revenue sources. The City's Budget process began in April with a staff meeting between the City Manager and Department Directors to review budget philosophy and develop overall goals and objectives. The entire budget process encompasses approximately five (5) months of the fiscal year. During this period, meetings 1 -5 were held with Department Directors, the City Commission and the public to insure representative input. The budget calendar that follows details the actions taken during the budget process. Budget Adoption The budget is approved via Ordinance at two public meetings scheduled for September conducted by the City Commission. The adopted budget is integrated into the accounting software system effective October 1 St Budget Control /Monitoring Funds appropriated in the Budget may be expended by and with the approval of the City Manager in accordance with the provisions of the City Charter and applicable law. Funds of the City shall be expended in accordance with the appropriations provided in the Budget and shall constitute an appropriation of the amounts specified therein. Supplemental appropriations or the reduction of appropriations, if any, shall be made in accordance with Section 4.07 of the City Charter. The Budget establishes a limitation on expenditures by department total. Said limitation requires that the total sum allocated to each department for operating and capital expenses may not be increased or decreased without specific authorization by a duly- enacted Resolution /Ordinance affecting such amendment or transfer. Therefore, the City Manager may authorize transfers from one individual line item account to another, so long as the line item accounts are within the same department and fund. The "Personnel Allocation Summary" enumerates all authorized budgeted positions. However, the City Manager may amend said authorized budgeted positions in order to address the operating needs of the department so long as sufficient budgeted funds are available. The budget is monitored on a monthly basis to track variances between actual and budgeted amounts. Significant variances are investigated and monitored for corrective action. Quarterly review meetings are held with the Finance Director and City Manager. Encumbrances do not constitute expenditures or liabilities in the current year, but instead are defined as commitments related to unperformed contracts for goods or services, which are only reported in governmental funds. Budget Amendment Upon the passage and adoption of the budget for the City of Aventura, if the City Manager determines that the department total will exceed its original appropriation, the City Manager is authorized to prepare such Resolutions /Ordinances for consideration by the City Commission as may be necessary and proper to modify any line item from the Budget. The Budget Amendment Process will differ as to form depending on whether or not the original budget appropriation is exceeded as follows: • Any change or amendment to the budget that will increase the original total appropriated amount can only be accomplished with the preparation of an Ordinance requiring two (2) public hearings and approval by the City Commission. • Any change or amendment to the budget which transfers monies within a fund but does not increase the total appropriated amount can be accomplished with the preparation of a Resolution. This does not require a public hearing, however, approval by the City Commission is still necessary. 1 -6 Basis of Accounting Basis of Accounting refers to the time period when revenues and expenditures are recognized in the accounts and reported on the financial statements. Basis of accounting relates to the timing of the measurements made, regardless of the measurement focus applied. The accrual basis of accounting is followed for the proprietary fund types. The modified accrual basis of accounting is followed in the governmental fund types and the expendable trust funds type. Under the modified accrual basis of accounting, revenues are recorded when susceptible to accrual, that is, when they are both measurable and available. Available means collectible within the current period or soon enough thereafter to pay current liabilities. Expenditures are generally recognized under the modified accrual accounting when the related fund liability is incurred. Exceptions to the general rule are principal and interest on general long -term debt which is recognized when due. The City applies all applicable GASB pronouncements as well as the following pronouncements issued on or before November 307 19897 unless those pronouncements conflict with or contradict GASB pronouncements: Financial Accounting Standards Board (FASB) statements and interpretations, Accounting Principles Board (APB) opinions and Accounting Research Bulletins (ARBs). During June 1999, the Government Accounting Standards Board (GASB) issued Statement No. 34. This statement established new accounting and financial reporting standards for state and local governments. The City implemented the new financial reporting requirements of GASB 34. Fund Structure The accounts of the City are organized and operated on the basis of funds and account groups. A fund is an independent fiscal and accounting entity with a self - balancing set of accounts. Fund accounting segregates funds according to their intended purpose and is used to aid management in demonstrating compliance with the finance - related legal and contractual provisions. The minimum number of funds is maintained consistent with legal and managerial requirements. Account groups are a reporting device to account for certain assets and liabilities of the governmental funds not recorded directly in those funds. The following governmental funds have annual appropriated budgets: Government Fund Types The General Fund is the City's primary operating fund. It accounts for all financial resources of the City, except those required to be accounted for in another fund. Resources are derived primarily from taxes, franchise and utility taxes, charges for services, and intergovernmental revenues. Expenditures are incurred to provide general government, public safety, community development and community services. Special Revenue Funds account for revenue sources that are legally restricted to expenditures of specific purposes (excluding pension trusts and major capital projects). Included in the budget are the following special revenue funds: • Police Education (110) • Transportation &Street Maintenance (120) • Police Capital Outlay Impact Fee (140) • Park Development (170) • 911 (180) The Debt Service Funds account for the servicing of general long -term and are comprised of the following debit service funds: • 2010 & 2011 Loan Debt Service (230) 1 -7 • 2000 Loan Debt Service (240) • 2002 Loan Debt Service (250) • F I FC Loan Debt Service (290) The Capital Construction Funds accounts for the acquisition and /or construction of major capital projects funded by bond or loan proceeds and transfer from other governmental funds. Included in the budget is the following Capital Projects Fund: • Arts & Cultural Center Construction (391) Proprietary Funds The Enterprise Fund is used to account for operations that are financed and operated in a manner similar to a commercial enterprise, where the intent of the governing body is that the costs of providing goods or services to the general public on a continuing basis be financed or recovered primarily through user charges, or where the governing body has decided that periodic determination of the revenue earned, expenses incurred, and /or net income is appropriate for capital maintenance, public policy, management control, accountability or other purposes. Included in the budget is the following Enterprise Fund: Stormwater Utility (410) Funds Excluded from Adopted Budget The City owns and operates a Charter School which is accounted for in a separate Special Revenue fund. The School operates on a fiscal year basis ending June 30th. Since the fund was created under a Charter from the School Board it is adopted separately by the City Commission in June. Financial Policies economic base will be calculated and included in the Capital update process. The City's financial policies, compiled below, 2. The City will perform all capital set forth the basic framework for the overall improvements in accordance with an fiscal management of the City. Operating adopted capital improvement program. independently of changing circumstances and The City will maintain its physical conditions, these policies assist the decision- assets at a level adequate to protect making process of the City Manager and City the City's capital investment and Commission. These policies provide minimize future maintenance and guidelines for evaluating both current activities replacement costs. The budget will and proposals for future programs. provide for the adequate maintenance and the orderly replacement of the Most of the policies represent long- standing capital equipment from current principles; traditions and practices that have revenues wherever possible. guided the City in the past and have helped 3. The City will provide sufficient funds to maintain financial stability over the last 10 replace and upgrade equipment as well years. They are reviewed annually as a as to take advantage of new decision making tool and to ensure their technology thereby ensuring that continued relevance in an ever - changing employees have safe and efficient tools environment. to provide their service. It reflects a commitment to further automation and Operating Budget Policies use of available technology to improve 1. The City will maintain at a minimum, an productivity in the City's work force. accessible cash reserve equivalent to The objective for upgrading and eight (8) weeks of operating costs. replacing equipment includes: (1) 2. No new or expanded services shall be normal replacement as equipment implemented without a corresponding completes its useful life, (2) upgrades revenue source or the implementation to new technology, and (3) additional of trade -offs of expenses or revenues equipment necessary to service the at the same time. This applies to needs of the Charter School. personnel, equipment and any other 4. The City will use the following criterion peripheral expenses associated with to evaluate the relative merit of each the service. capital project. Capital expenditures will 3. The City shall continue to support a foster goals of: scheduled level of maintenance and 1. Projects specifically included in an replacement of its infrastructure. approved replacement schedule. 4. The City shall support capital 2. Projects that reduce the cost of expenditures that reduce future operations. operating costs. 3. Projects that significantly improve safety and reduce risk exposure. Capital Budget Policies 5. The classification of items as capital or 1. Annually, the City will prepare a five- operating will be determined by two (2) year capital improvement program criteria - cost and frequency. (CIP) analyzing all anticipated capital Generally, a capital project has a expenditures and identifying associated "useful life" of more than one (1) year funding sources. Future capital and a value of $5,000 or more. expenditures necessitated by changes 6. The City will coordinate development of in population, changes in development, the capital improvement program with growth, redevelopment or changes in the development of the operating budget. Future operating costs associated with new capital improvements will be projected and included in the operating forecasts. 7. The first year of the five -year capital improvement program will be used as the basis for formal fiscal year appropriations during the annual budget process. 8. The City will maintain all of its assets at a level adequate to protect the City's capital investment and to minimize future maintenance and replacement costs. 9. The City will identify the estimated cost of capital projects and prepare a funding projection that considers revenues and operating costs to be included in the Capital Improvement Program document that is submitted to the City Commission for approval. 10. The City will determine the most appropriate financing method for all new projects. 11. If appropriate, the City will attempt to maintain a mixed policy of pay -as- you -go and borrowing against future revenues for financing capital projects. 12. The City will maintain ongoing maintenance schedules relating to road, sidewalk and drainage system improvements. 13. The City will address and prioritize infrastructure needs on the basis of protecting the health, safety and welfare of the community. 14.A CIP preparation calendar shall be established and adhered to. 15. Capital projects will conform to the City's Comprehensive Plan. 16. Long -term borrowing will not be used to fund current operations or normal maintenance. 17. The City will strive to maintain an unreserved General Fund balance at a level not less than 10% of the annual General Fund revenue. 1 -9 18. If new project appropriation needs are identified at an interim period during the fiscal year, the funding sources will be identified and mid -year budget amendments will be utilized to provide formal budgetary authority. In addition budget amendments may be utilized to increase appropriations for specific capital projects. Revenue Policies 1. The City will attempt to maintain a diversified and stable revenue system as a shelter from short -run fluctuations in any single revenue source. 2. The City will attempt to obtain new revenue sources as a way of ensuring a balanced budget. 3. The City will review fees /charges annually and will design or modify revenue systems to include provisions that automatically allow charges to grow at a rate that keeps pace with the cost of providing the service. Cash Management/investment Policies In accordance with Section 218.415, F.S., on June 2, 2009 the City Commission adopted, by Resolution, Chapter 6.6 of the Administrative Policy Directives and Procedures Manual, entitled "Investment Objectives and Parameters" as the City's Investment Policy for the Management of Public Funds. The underlying objective of the policy is to properly manage and diversify the City's investments to ensure: 1. Safety of Capital 2. Liquidity of Funds 3. Investment Income The purpose of this policy is to set forth the investment objectives and parameters for the management of public funds of the City. These policies are designed to ensure the prudent management of public funds, the availability of operating and capital funds when needed and a competitive investment return. This investment policy applies to the investment of public funds in excess of amounts needed to meet current expenses, which includes cash and investment balances of City funds. At the recommendation of our Investment Manager and as part of our FY 2009/10 budget process (adoption by Ordinance) we added the following three (3) investment categories to our current investment policy. 1. Commercial Paper Commercial paper of any United States company that is rated "Prime -1 " by Moody's and "A -1 " by Standard & Poor's (prime commercial paper). If the commercial paper is backed by a letter of credit ( "LOC "), the long -term debt of the LOC provider must be rated "A" or better by at least two (2) nationally recognized rating agencies. Portfolio Composition A maximum of 25% of available funds may be directly invested in prime commercial paper. Limits on Individual Sectors A maximum of 10% of available funds may be invested with any one (1) sector. Limits on Individual Issuers A maximum of 2% of available funds may be invested with any one (1) issuer. Maturity Limitations The maximum length to maturity for prime commercial paper shall be 270 days from the date of purchase. 2. Corporate Notes Corporate notes issued by corporations organized and operating within the United States or by depository institutions licensed by the United States that have a long term debt rating, at the time of purchase, at a minimum "Aa" by Moody's and a minimum long term debt rating of "AK by Standard & Poor's. 1 -10 Portfolio Composition A maximum of 25% of available funds may be directly invested in corporate notes. Limits on Individual Sectors A maximum of 10% of available funds may be invested with any one (1) sector. Limits on Individual Issuers A maximum of 2% of available funds may be invested with any one (1) issuer. Maturity Limitations The maximum length to maturity for corporate notes shall be three (3) years from the date of purchase. 3. Taxable /Tax- Exempt Municipal Bonds State (Florida) and /or (Florida) local government taxable and /or tax - exempt debt, general obligation and /or revenue bonds, rated at least "Aa" by Moody's and "AK by Standard & Poor's for long -term debt, or rated at least "M IG -2" by Moody's and "SP- 2" by Standard & Poor's for short -term debt. Portfolio Composition A maximum of 25% of available funds may be invested in taxable and tax - exempt General Obligation bonds. A maximum of 10% of available funds may be invested in taxable and tax - exempt Revenue and Excise tax bonds of the various municipalities of the State of Florida, provided none of such securities have been in default within five (5) years prior to the date of purchase. Maturity Limitations A maximum length to maturity for an investment in any state or local government debt security is five (5) years from the date of purchase. Fund Balance Policies The City hereby establishes and will classify reservations of General Fund, Fund Balance, as defined herein, in accordance with Governmental Accounting and Financial Standards Board Statement No. 54 Fund Balance Reporting and Governmental Fund Type Definitions. This policy shall primarily apply to the City's General Fund. Fund Balance shall be composed of nonspendable, restricted, committed, assigned and unassigned amounts. Fund Balance information is primarily used to identify the available resources to repay long- term debt, fund capital improvements, stabilize property tax rates, or enhance the City's financial position, in accordance with policies established by the City Commission. Fund Balance Definitions and Classifications Fund Balance — refers to the difference between assets and liabilities reported in a governmental fund. Listed below are the various Fund Balance categories (in order from most to least restrictive). Fund Balance — Nonspendable Includes amounts that are not in a spendable form (e.g., inventory) or are required, either legally or contractually, to be maintained intact (e.g., principal of an endowment fund). Examples include: • Inventory • Prepaid Expenditures • Long -Term Portion of Receivables • Corpus of a Permanent Fund The City hereby establishes the following Nonspendable Fund Balance Reserves in the General Fund: a) Inventory Reserve The Inventory Fund Balance Reserve is established to indicate those amounts relating to inventories that are not in a spendable form. b) Prepaid Expenditures The Prepaid Expenditures Fund Balance Reserve is established to indicate those amounts relating to prepaid expenditures that are not in a spendable form. 1 -11 Fund Balance — Restricted Includes amounts that can be spent only for the specific purposes stipulated by external resource providers (e.g., creditors, grant providers, contributors or laws or regulations of other governmental entities), constitutionally, or through enabling legislation (that is, legislation that creates a new revenue source and restricts its use). Effectively, restrictions may be changed or lifted only with the consent of resource providers and when they are legally enforceable. Fund Balance — Committed Includes amounts that can be used only for the specific purposes as established by the adoption of this policy and the annual budget ordinance by the City Commission. Commitments can only be removed or changed by taking the same action that originally established the commitment (e.g., resolution and /or ordinance). Committed Fund Balance remains binding unless removed in the same manner in which it was established. The action to impose the limitation on resources needs to occur prior to the close of the fiscal year, although the exact amount may be determined subsequently. Contractual obligations should be incorporated to the extent that existing resources in the fund have been specifically committed for use in satisfying those contractual obligations. Encumbrances may be reported as committed. The City hereby establishes the following Committed Fund Balance Reserves in the General Fund: a) Capital Reserve The Capital Fund Balance Reserve is committed by the City Commission as set forth in the annual budget ordinance (and any amendments thereto) to be utilized in future years to fund various capital needs. b) Hurricane /Emergency Recovery Operating Reserve The Hurricane /Emergency Recovery Operating Fund Balance Reserve is to be maintained by the City Manager at a minimum level of $5,000,000 for the purposes of responding to and providing relief and recovery efforts to ensure the maintenance of services to the public during hurricane /emergency situations. Such emergencies include, but are not limited to hurricanes, tropical storms, flooding, terrorist activity and other natural or man -made disasters. Additional funds may be appropriated when necessary via a budget amendment ordinance. This Reserve may not necessarily be established in the annual budget. In the event these funds are utilized, they should be replenished in order to prepare for possible future events, The City will make every effort to replenish this reserve over a five -year period beginning with the completion of recovery from the event for which the reserve funds were used. Fund Balance — Assigned Includes amounts that the City intends to use for a specific purposes or projects as authorized by the City Manager. In governmental funds other than the General Fund, assigned fund balance represents the amount that is not restricted or committed. This indicates that resources in other governmental funds are, at a minimum, intended to be used for the purpose of that fund. An appropriation of existing fund balance to eliminate a projected budgetary deficit in the subsequent year's budget in an amount no greater than the projected excess of expected expenditures over expected revenues satisfies the criteria to be classified as an assignment of fund balance. Encumbrances resulting from issuing purchase orders as a result of normal purchasing activities approved by appropriate officials may be reported as assigned. Fund Balance — Unassigned Unassigned fund balance for the General Fund includes all amounts not contained in the 1 -12 other classifications. Unassigned amounts are the portion of fund balance which is not obligated or specifically designated and are generally available for any purpose. If another governmental fund has a fund balance deficit, then it will be reported as a negative amount in the unassigned classification in that fund. Positive unassigned amounts will be reported only in the General Fund. The Minimum Level of Unassigned Fund Balance of the General Fund, at the beginning of each fiscal year, shall not be less than 10% of the annual General Fund revenue. In any fiscal year where the City is unable to maintain this 10% minimum reservation of fund balance as required in this section, the City shall not budget any amounts of unassigned fund balance for the purpose of balancing the budget. In addition, the City Manager will make every effort to reestablish the minimum Unassigned Fund Balance in a 24 — 36 month period beginning with the year from which the reserve funds fell below the 10% threshold. Spending Order of Fund Balance The City uses restricted amounts to be spent first when both the restricted and unrestricted fund balance is available unless there are legal documents /contract that prohibit doing this, such as in grant agreements requiring dollar for dollar spending. Additionally, the City would first use committed fund balance, followed by assigned fund balance and then unassigned fund balance when expenditures are incurred for purposes for which amounts in any of the restricted fund balance classification could be used. Open encumbrances at the end of the fiscal year may only be classified as committed or assigned, depending on at what level of authorization originally established them. Annual Review and Determination of Fund Balance Reserve Amounts The City Manager shall issue a report on an annual basis to the City Commission outlining compliance with the fund balance policy Accounting, Auditing, and Financial Reporting Policies An independent audit will be performed annually. The City will produce annual financial reports in accordance with Generally Accepted Accounting Principles (GAAP) as outlined by the Governmental Accounting Standards Board (GASB). Financing Programs and Debt Administration The City currently has four (4) outstanding long -term debt issues. At September 30, 2010, the principal balance outstanding totaled $3078157000. The non - refunded Portion of the Series 1999 Revenue Bonds issued from the Florida Municipal Loan Council, Inc, is secured solely by a covenant to budget and appropriate the required debt service payments each year. The loan is structured the same as a serial bond issue with principal payments due on April 1St and interest payments due on April 1St and October 1 St of each year with the final maturity on April 1, 2029. Debt service requirements average approximately $485,000 per year over the 19 -year life of the bonds. The interest rate varies from 3.200% to 5.125% depending on the maturity date. The Series 2000 Revenue Bonds are bank qualified debt, secured solely by a covenant to budget and appropriate the required debt service payments each year. This loan is structured the same as a serial bond issue with principal payments due on October 1St and semi - annual interest payments due on April 1 St and October 1 St of each year with the final maturity on October 1, 2020. Debt service requirements average approximately $535,000 per year over the 20 -year life of the obligation. The interest rate is locked at 5.05 %. The Series 2002 Revenue Bonds were financed through the Florida Intergovernmental Finance Commission. The loan is secured solely by a covenant to budget and appropriate the required debt service 1 -13 payments each year. This loan is structured the same as a serial bond issue with principal payments due August 1 St and interest payments due on February 1St and August 1St of each year with the final maturity on August 17 2032. Debt service requirements average approximately $850,000 per year over the 30- year life of the obligation. The interest rate varies from 2.5% to 5.0% depending on the maturity date. Due to a very favorable interest rate environment, in September of 2010, the City issued a partial advance refunding of the original Series 1999 Revenue Bonds with a Bank Loan (described below) that resulted in a more than $1.1 M NPV savings over the life of the loan. The remaining portion of the original Series 1999 Revenue Bonds was refunded in February of 2011 and resulted in a nearly $530,000 NPV savings over the life of its loan. The Series 2010 Revenue Bonds are bank qualified debt, secured solely by a covenant to budget and appropriate the required debt service payments each year. This loan is structured the same as a serial bond issue with principal payments due on April 1St and semi - annual interest payments due on April 1St and October 1 St of each year with the final maturity on April 1, 2029. Debt service requirements average approximately $775,000 per year over the 19 -year life of the obligation. The interest rate is locked at 3.42 %. Debt Policy and Administration The City has established an informal policy regarding the utilization and management of debt instruments. Debt is used for a variety of purposes. The principal use of debt by the City has been for making capital expenditures. This informal policy was formed to establish criterion and procedures for the issuance of debt financing by the City. This Debt Policy supports the commitment of the City Commission, management, staff and other decision makers to adhere to the sound financial management practices including full and timely repayment of all borrowings and achieving the lowest possible cost of capital. 1. General a) The City will analyze all funding alternatives in order to minimize the impact of debt structures on the taxpayers. b) The City may utilize debt to refinance current debt or for the acquisition, construction or remodeling of capital improvement projects that cannot be funded from current revenue sources or in such cases wherein it is more equitable to the user of the project to finance the project over its useful life. 2. Debt Structure The City may consider the use of credit enhancements (letters of credit, bond insurance, surety bonds, etc.) when such credit enhancements process cost effective. 3. Issuance of Obligations a) The City may retain an independent financial advisor for advice on debt structuring and marketing debt issuances. b) The City may also retain independent bond counsel and disclosure counsel for legal and procedural advice on all debt issuances. c) As necessary, the City may retain other service advisors, such as trustees, underwriters and pricing advisors. d) Any process utilized to select professional service providers in connection with the City's debt program shall be in conformance with City purchasing policies, procedures and requirements. 4. Maturity of the Debt Bonds will generally not have more than thirty (30) year duration. 1 -14 5. Payment of Debt In order to ensure the timely remittance of bond payments, such payments will be paid by recurring wire transfer on or before the bond's respective due date. Although the City Charter makes no reference to limitations in establishing debt, the City has limited its borrowing to prudent levels that are able to be satisfied with existing revenue and cash flow projections. The City utilizes debt financing on large expenditures for capital projects or purchases that may be depreciated over their useful lives. By using debt financing, the cost of the expenditure is amortized over its useful life allowing the expenditure to be matched against revenue streams from those receiving the benefits. When establishing debt, there are a number of factors that must be considered in the process. These factors include the long -term needs of the City and the amount of resources available to repay the debt. There are different ways for a City to achieve debt financing. The City may obtain a bank loan, issue special revenue bonds or ask the residents to approve a ballot item authorizing the issuance of general obligation bonds. The Commission considers the asset's useful life and current economic conditions, to determine the appropriate financing instrument. Cash Management PnnlpCd (;a .qh The City maintains a pooled cash account for all funds, enabling the City to invest large amounts of idle cash for short periods of time and to optimize earnings potential. Cash and cash equivalents represents the amount owned by each City fund. Interest earned on pooled cash and investments is allocated monthly based on cash balances of the respective funds. Investments are reported at their fair value based on quoted market prices as reported by recognized security exchanges. Investment Categories Cash, Cash Equivalents and Investments This investment category consists of cash and short -term investments with original maturities of three (3) months or less when purchased, includes cash on hand, demand deposits and investments with the Florida State Board of Administration ( "SBA ") a Local Government Surplus Funds Trust Fund Investment Pool ( "Pool "). Operating Account All deposits in the City's Operating Account, in excess of FDIC coverage are collateralized utilizing the State of Florida Pooled Fund Program as described in the Florida Security of Public Deposits Act Chapter 280.F.S. The City's operating funds are currently in a Full Analysis Business Checking Account which earns credit against our analysis charges. State Board of Administration ( "SBA ") The SBA investments are allocated among two external funds, Fund A (Florida Prime) and Fund B. Fund A is a 2a7 -like pool and the value of the City's position is the same as the value of the pool shares and is recorded at amortized cost. Fund B is accounted for as a fluctuating net asset value ("NAV) pool. Investments under Management In May of 2009 the City contracted with an Investment Manager to manage a portion of the City's investment portfolio in accordance with our Investment Objectives and Parameters Policy. The City utilizes a 3rd - Party Custodian for all of the City's investments under the direction of our Investment Manager. Risk Management The City is insured with the Florida Municipal Insurance Trust for liability, property and workers compensation coverage. The liability limit under the policy is $5,000,000. 1 -15 City of Aventura, Florida Demographics and Miscellaneous Statistics Date of Incorporation Form of City Government Area Population per State Estimate Ethnic Distribution * *: White (Non - Hispanic) Hispanic Age Distribution ** Under 20 20 -34 35 -54 55 -64 65+ Average Household Size ** Average Household size Average Family size Housing Occupancy ** Total housing units 26,120 Owner occupied housing units 117756 Renter occupied housing units 67136 Seasonal, recreational and vacant housing units 87228 November 7, 1995 Commission - Manager 3.2 Square Miles 35,762 57.9% African American 3.9% 35.8% Other 2.4% 17% 18% 26% 13% 26% 1.99 2.66 Full Time Employees 173 Public Tennis Center 2 Public Facilities Located within Corporate Limits: Public Recreation Centers 1 Public Parks 6 Open Space Recreation (acres) 30.5 * ** *Public Schools 0 Charter Schools 1 Public Libraries (Operated by Miami Police Stations 1 Dade County) 1 Arts &Cultural Center 1 Fire Stations (Operated by Miami Dade County) 2 * State of Florida, Bureau of Economic & Business Research. Population is as of April 1, 2011 ** U.S. Census Bureau, Profile of General Demographic Characteristics: 2010 for Aventura, Florida * * ** City of Aventura comprehensive plan 1 -16 2011/12 BUDGET PREPARATION CALENDAR DATE RESPONSIBILITY ACTION REQUIRED April 5 City Manager Staff meeting is held to review budget All Department Directors philosophy and develop overall goals, objectives and performance indicators. April 20 City Manager Electronic spreadsheets are delivered to Department Directors with updated budget preparation directives. April 21 All Department Directors Completed budget estimates are submitted to to City Manager City Manager. Revenue estimates are May 11 Finance Department prepared. May 16 Finance Department Completion of non General Fund budgets to to City Manager include totals of all revenues and June 1 expenditures submitted to City Manager. June 1 City Manager Conducts departmental budget review to meetings, balances budget and prints June 30 budget document. July 10 City Manager City Manager's recommended budget document and message are submitted to City Commission. July 21 City Commission Budget Review Meeting, adopt tentative ad City Manager valorem rate to transmit to County for notification purposes. September 13 City Commission September 21 City Commission September 22 City Clerk October 1 All Departments 1 -17 First reading on budget and ad valorem tax rate ordinances. Second reading on budget, ad valorem tax rate ordinance, and Public Hearing. Tax rate ordinance delivered to Property Appraiser. New budget becomes effective. City of Aventura, Florida Assessed Value and Estimated Actual Assessed Value of Taxable Property Last Ten Fiscal Years Fiscal Year Tax Less: Total Taxable Ended Roll Real Personal Tax Exempt Assessed Se pte m be r 30, Year Prope rty Prope rty Real Property Value 2002 2001 $ 3,752,226,238 $ 162,055,639 N/A $ 3,914,281,877 2003 2002 4, 007, 501, 399 160, 384, 595 N/A 4,167, 885, 994 2004 2003 4,569,228,195 161,725,854 N/A 4,730,954,049 2005 2004 5, 378, 718, 735 178, 342, 801 N/A 5, 557, 061, 536 2006 2005 6,780,880,599 187,347,215 (351,806,315) 6,616,421,499 2007 2006 8,331,742,670 201,721,611 (372,540,477) 8,160,923,804 2008 2007 9,774,193,983 227,245,274 (391,557,538) 9,609,881,719 2009 2008 9,860,466,135 209,118,365 (629,776,968) 9,439,807,532 2010 2009 8,433,846,719 221,526,640 (591,538,406) 8,063,834,953 2011 2010 7960790879842 216,861,227 (57993429462) 7924496069607 Note: (1) Florida Law requires that all property be assessed at current fair market value. 1 -18 Tax Rate Comparison The City of Aventura has the lowest tax rate in Miami -Dade County. The following table compares the 2010/11 fiscal year adopted tax rates of the cities located in Miami -Dade County: Total Operating Debt City M illage M illage M illage Av a ntu ra 1.7261 1.7261 0.0000 Indian Creek 1.8038 1.8038 0.0000 Pinecrest 2.1040 2.1040 0.0000 Uninc. County 2.2980 2.2980 0.0000 Miami Lakes 2.3702 2.3702 0.0000 Palmetto Bay 2.4470 2.4470 0.0000 Doral 2.4470 2.4470 0.0000 Bal Harbour 2.5567 2.5567 0.0000 Cutler Bay 2.5888 2.5888 0.0000 Sunny Isles Beach 2.8860 2.8860 0.0000 Key Biscayne 3.2000 3.2000 0.0000 Sweetwater 4.6618 4.6618 0.0000 South Miami 4.9526 4.9526 0.0000 North Bay Village 5.2780 4.7772 0.5008 Bay Harbor Islands 5.2971 5.2971 0.0000 Hialeah Gardens 5.4600 5.4600 0.0000 S u rfs ide 5.6030 5.6030 0.0000 Medley 5.6500 5.6500 0.0000 Miami Gardens 5.7141 5.7141 0.0000 Virginia Gardens 5.7485 5.7485 0.0000 Coral Gables 6.0720 6.0720 0.0000 Homestead 6.2917 6.2917 0.0000 Miami Beach 6.5025 6.2155 0.2870 Hialeah 6.5400 6.5400 0.0000 West Miami 6.8858 6.8858 0.0000 Miami Springs 6.9408 6.4710 0.4698 Florida City 7.7500 7.7500 0.0000 North Miami Beach 7.8096 6.6036 1.2060 El Portal 7.9000 7.9000 0.0000 North Miami 8.4192 8.1955 0.2237 Golden Beach 8.5000 7.0140 1.4860 Miami 8.6441 7.6740 0.9701 Miami Shores 8.7762 8.0000 0.7762 Opa -locks 8.8000 8.8000 0.0000 Biscayne Park 1 8.99331 8.99331 0.0000 1 -19 Where Your Tax Dollars Go Based on 2010/11 Tax Rates Florida Inland Navigation City of Aventura, District_ 0.170/n 8.68 0 0 South F Wai Manage District, Eve rga Ides, 0.45% Miami -Dade County, 46.53% Components of Property Tax bill for 2010/11 Miami -Dade County Miami -Dade County School Board Evergaldes South Florida Water Management District Florida Inland Navigation District City of Aventura Total Millage Rate 1 -20 2010/11 Adopted M i I lages 9.2518 8.2490 0.0894 0.5346 0.0345 1.7261 19.8854 200 180 160 140 120 100 80 60 Comparison of Number of Employees 18 4a 188 r +A 186 185 17 0 160 #m 163 *0 164 ■ ■ MEN 120 ■ 119 J 119 0 121 � 120 � 120 logo 108 0 110 02/03 03/04 04/05 05/06 06/07 07/08 08/09 09/10 10/11 11/12 City Commission Office of the City Manager Legal City Clerk's Office Finance Information Technology Public Safety Community Development Arts & Cultural Center Community Services Charter School* Total Citywide I Police 02/03 03/04 04/05 05/06 06/07 07/08 08/09 09/10 10/11 11/12 7 7 7 7 7 7 7 7 7 7 5 5 5 5 5 5 5 5 4.6 4.6 0 0 0 0 0 0 0 0 0 0 2 2 2 2 2 2 2 2 2 2 10 12 11 12 8 8 7 7 7 7 0 0 0 0 5 5 5 6 6 6 108 108 110 115 120 119 119 121 120 120 12 11 11 10 10 10 9 9 8.4 8.4 0 0 0 0 0 0 0 0 0 0 16 16 16 17 24 31 28 28 28 27 0 0 2 2 3 3 3 3 3 3 160 163 164 170 184 190 185 188 186 185 * Included in Charter School Fund Budget Document 1 -21 f 'f*l� iti lip SUMMARY OF ALL FUNDS lii� wlt• I � �ii� 2 -1 001 General Fund 110 Police Education Fund 120 Transportation Fund 140 Police Capital Outlay Impact Fee Fund 170 Park Development Fund 180 911 Fund 230 -290 Debt Service Funds 391 Capital Projects Fund 410 Stormwater Utility Fund 620 Police Off Duty Services Fund 2585795 Subtotal 2785004 Interfund Eliminations 2115650 Wtal Revenue CITY OF "ENTURA SUMMARY OF ALL FUNDS 2011/12 OPERATING & CAPITAL OUTLAY REVENUE PROJECTIONS $ 50,311,985 $ 52,263,206 $ 46,940,137 $ 34,062,472 $ 46,667,048 8,106 215367 185310 145526 115000 155585944 155345594 154825968 4985171 156425150 155714 165557 165557 165565 165557 55302 4935167 25246 25247 25246 2585795 2965919 2785004 1435642 2115650 257065563 1357795245 852875813 656095012 255675910 456095690 456845418 - - - 911,463 150215490 8415458 3655189 8415458 2685640 2285387 2405000 1185216 2405000 6056555202 7453395350 5851075493 4158305040 5252005019 (456805587) (450795669) (254255534) (9245965) (253035229) $ 5559745615 $ 7052595681 $ 5556815959 $ 4059055075 $ 4958965790 EXPENDITURES Operating Expenditures: 0101 City Commission $ 1113249 $ 1123385 $ 1193927 $ 593039 $ 1193938 0501 Office of the City Manager 8583771 8603156 8683416 3963619 8883673 0601 Legal 3083658 2493159 2803000 993321 2803000 0801 City Clerk's Office 2693248 2483636 2863068 1063317 2703082 1001 Finance 7753748 8233517 8493590 4063331 8753064 1201 Information Technology 7433547 8283852 9153901 4153639 9693176 2001 Public Safety 1335933119 1436303148 1532703691 736453215 1632763119 4001 Community Development 139463000 232673859 134773308 130113571 135063872 5001 Community Services 539483167 630443565 630943912 233453018 533443104 7001 Arts & Cultural Center 1543479 3883987 6843875 2833027 6733253 9001 Non - Departmental 135723516 132383296 136353000 5533963 136043000 r Subtotal _ 2632813502 2736923560 2834823688 1333223060 2838073281 Capital Outlay: 8001 City Commission - - - - - 8005 Office of the City Manager 23452 13896 23000 - 43000 8006 Legal - - - - - 8008 City Clerk's Office 13589 872 - - - 8010 Finance 33079 13918 63000 - 23000 8012 Information Technology 353926 1953825 3343000 73690 1113000 8020 Public Safety 7333920 8303954 132113912 4563985 133843500 8040 Community Development 23693 163880 473000 - 33500 8050 Community Services 6933817 138943059 197529864 190089748 194289700 8069 Charter School - - - - - 8070 Arts & Cultural Center 23932,852 532613790 2353965 713167 - 8090 Non - Departmental 383280 - - - 1753000 8090 CIP Reserve - 123436 1533213717 213569 1534123899 Subtotal 434443608 832163630 1839113458 135663159 1835213599 Non - Departmental: 9001 Transfer to Funds - - - - - 9001 Debt Service 23706,178 1336153306 832873813 638023621 235673910 WSubtotall 237063178 1336153306 832873813 638023621 235673910 F_ Total Expenditures $ 3334323288 $ 4935243496 $ 5536813959 $ 2136903840 $ 4938963790 2 -2 CITY OF AVENT URA SUMMARY OF ALL FUNDS 2011/12 OPERATING & CAPITAL OUTLAY DEPT./ APPROVED HALF YEAR CITY MANAGER DIV. ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY 2008/09 2009/10 2010/11 2010/11 2011/12 1000/2999 Personal Services $ 1635883386 $ 1736463799 $ 1833373235 $ 839023241 $ 1839673221 3000/3999 Contractual Services 439773649 535673246 530963375 233793953 438503253 4000/4999 Other Charges /Svcs 337723375 334813420 431283908 136343295 430783705 5000/5399 Commodities 5083195 5873662 6523600 3343507 6873642 5400/5999 Other Operating Expenses 4343897 4093433 2673570 713064 2233460 Subtotal 2632813502 2736923560 2834823688 1333223060 2838073281 6000/6999 Capital Outlay 434443608 832163630 1839113458 7000/7999 Debt Service 237063178 1336153306 832873813 8000/8999 Transfer to Funds - - - 135663159 1835213599 638023621 235673910 Total Expenditures $ 3354325288 $ 4955245496 $ 5556815959 $ 2156905840 $ 4958965790 COMPARATIVE PERSONNEL SUMMARY City Commission Office of the City Manager Legal City Clerk's Office Finance Information Technology Public Safety Community Development Charter School* Community Services Arts & Cultural Center Total Full Time Employees Total Part Time Employees * Included in Charter School Fund Budget Document 2 -3 2008/09 2009/10 2010/11 2011/12 II 5.0 5.0 4.b 4.b 2.0 2.0 2.0 2.0 7.0 7.0 7.0 7.0 5.0 6.0 6.0 6.0 119.0 121.0 120.0 120.0 9.0 9.0 8.4 8.4 3.0 3.0 3.0 3.0 16.0 16.0 16.0 15.0 173.0 176.0 174.0 173.0 II 12.0 12.0 12.0 12.0 CITY OF "ENTURA FUND BALANCE ANALYSIS DEPT./ APPROVED HALF YEAR CITY MANAGER DIV. ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. DEPARTMENT 2008/09 2009/10 2010/11 2010/11 2011/12 GENERAL FUND (001) Beginning Balance /Carryover $ 15,710,661 $ 18,220,034 $ 16,924,856 $ 16,924,856 $ 15,697,608 Revenues /Sources 349601,324 34,043,172 30,015,281 17,137,616 30,969,440 Expenditures /Uses (29,778,584) (31,971,180) (31,746,649) (14,639,285) (31,473,560) Ending Fund Balance $ 20,533,401 $ 20,292,026 $ 15,193,488 $ 19,423,187 $ 15,193,488 SPECIAL REVENUE FUNDS: POLICE EDUCATION FUND (I 10) Beginning Balance /Carryover $ - $ 13,733 $ 11,310 $ 11,310 $ 4,000 Revenues /Sources 8,106 7,634 7,000 3,216 7,000 Expenditures /Uses (5,061) (10,057) (18,310) (7,085) (11,000) Ending Fund Balance $ 3,045 $ 11,310 $ - $ 7,441 $ - STREET MAINTENANCE FUND (120) Beginning Balance /Carryover $ - $ 63,606 $ 2,968 $ 2,968 $ 130,000 Revenues /Sources 19558,944 1,470,988 1,480,000 495,203 1,512,150 Expenditures /Uses (1,337,127) (1,531,626) (1,482,968) (504,707) (1,642,150) Fnding Fund Balance $ 221,817 $ 2,968 $ - $ (6,536) $ - POLICE CAPITAL OUTLAY IMPACT FEE FUND (140) Beginning Balance /Carryover $ - $ 16,337 $ 16,557 $ 16,557 $ 16,557 Revenues /Sources 1 5,714 220 - 8 - Expenditures /Uses (8,091) - (16,557) - (16,557) Ending Fund Balance $ 7,623 $ 16,557 $ - $ 16,565 $ - PARK DEVELOPMENT FUND (170) Beginning Balance /Carryover $ - $ 490,930 $ 2,246 $ 2,246 $ 2,246 Revenues /Sources 5,302 2,237 - 1 - Expenditures /Uses (281,928) (490,921) (2,246) - (2,246) Ending Fund Balance $ (276,626) $ 2,246 $ - $ 2,247 $ - 911 FUND (180) Beginning Balance /Carryover $ - $ 123,216 $ 55,004 $ 55,004 $ - Revenues /Sources 258,795 173,703 223,000 88,638 211,650 Expenditures /Uses (193,002) (241,915) (278,004) (146,245) (211,650) Ending Fund Balance $ 65,793 $ 55,004 $ - $ (2,603) $ - DEBT SERVICE FUNDS (230 -290) Beginning Balance /Carryover $ - $ 20,793 $ 15,535 $ 15,535 $ - Revenues /Sources 29706,563 13,758,452 8,272,278 6,593,477 2,567,910 Expenditures /Uses (2,706,178) (13,615,306) (8,287,813) (6,802,621) (2,567,910) Ending Fund Balance $ 385 $ 163,939 $ - $ (193,609) $ - CAPITAL PROJECT FUNDS (320 -391) Beginning Balance /Carryover $ - $ 1,676,838 $ - $ - $ - Revenues /Sources 49609,690 3,007,580 - - - Expenditures /Uses (2,932,852) (4,684,418) - - EWnding Fund Balance $ 1,676,838 $ - $ - $ - $ - STORMWATER UTILITY FUND (410) Beginning Balance /Carryover $ - $ - $ - $ - $ - Revenues /Sources 911,463 1,021,490 841,458 365,189 841,458 Expenditures /Uses (651,175) (843,251) (841,458) (386,743) (841,458) Ending Fund Balance $ 260,288 $ 178,239 $ - $ (21,554) $ - POLICE OFF DUTY SERVICES FUND (620) Beginning Balance /Carryover $ - $ - $ - $ - $ - Revenues /Sources 268,640 228,387 240,000 118,216 240,000 Expenditures /Uses (218,877) (203,055) (240,000) (107,550) (240,000) Ending Fund Balance $ 49,763 $ 25,332 $ - $ 10,666 $ - 2 -4 a ■ *� i moo 1 ;1 do= �1 ��■ ro gym �.�. Ia F +I 1, � r GENERAL FUND 2 -5 CITY OF AVENTURA GENERAL FUND - 001 SUMMARY OF BUDGET 2011/12 OPERATING &CAPITAL OUTLAY FUND DESCRIPTION The General Fund is used to account for resources and expenditures that are available for the City's general operations. REVENUE PROJECTIONS APPROVED HALF YEAR CITY MANAGER ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL CATEGORY 2008/09 2009/10 2010/11 2010/11 2011/12 Current Revenues Transfers Carryover Total Revenues $ 3494779324 $ 3399189172 $ 2998519281 $ 1790559616 $ 3098879190 1249000 1259000 1649000 829000 829250 1597109661 1892209034 1699249856 1699249856 1596979608 $ 5093119985 $ 5292639206 $ 4699409137 $ 3490629472 $ 4696679048 II EXPENDITURES DEPT./ APPROVED HALF YEAR CITY MANAGER DIV. ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. DEPARTMENT 2008/09 2009/10 2010/11 2010/11 2011/12 Operating Expenditures: 1129385 $ 0101 City Commission 0501 Office of the City Manager 0601 Legal 0801 City Clerk's Office 1001 Finance 1201 Information Technology 2001 Public Safety 4001 Community Development 5001 Community Services 7001 Arts & Cultural Center 9001 Non- Departmental 492149158 S ubtota I Capital Outlay 1549479 8005 Office of the City Manager 8006 Legal 8008 City Clerk's Office 8010 Finance 8012 Information Technology 8020 Public Safety 8040 Community Development 8050 Community Services 8070 Arts & Cultural Center 8090 Non - Departmental 8090 CIP Reserve - S ubtota I 1591939488 Transfer to Funds 1591939488 S ubtota I 298709337 Tota I $ 1119249 $ 1129385 $ 1199927 $ 8589771 8609156 8689416 3089658 2499159 2809000 2699248 2489636 2869068 7759748 8239517 8499590 7439547 8289852 9159901 1392709179 1493009121 1498989377 199469000 292679859 194779308 492149158 491389842 495849912 1549479 3889987 6849875 195729516 192389296 196359000 59,039 $ 396,619 99,321 106,317 406,331 415,639 7,466,335 1,011,571 1,612,774 283,027 553,963 119,938 888,673 280,000 270,082 875,064 969,176 15,895,719 1,506,872 4,069,104 673,253 1,604,000 2492249553 2594569810 2696009374 1294109936 2791519881 29452 19896 29000 - 49000 19589 872 - - - 3,079 19918 69000 - 29000 359926 1959825 3349000 79690 1119000 7259829 8309954 192119912 4569985 193849500 29693 169880 479000 - 39500 4079596 192329184 190479864 8499542 4209700 - 5779372 2359965 719167 - 38,280 - - - 1759000 - 129436 1591939488 219569 1591939488 19217,444 298709337 1890789229 194069953 179294,188 493369587 396569469 292619534 8429965 292209979 493369587 396569469 292619534 8429965 292209979 $ 2997789584 $ 3199839616 $ 4699409137 $ 1496609854 $ 4696679048 2 -6 CITY OF AVENT URA GENERAL FUND - 001 CATEGORY SUMMARY 2011/12 REVENUE PROJECTIONS APPROVED HALF YEAR CITY MANAGER OBJECT ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL CODE CATEGORY 2008/09 2009/10 2010/11 2010/11 2011/12 310000/319999 Locally Levied Taxes $ 2396749227 $ 2196609616 $ 2091439154 $ 1393459928 $ 2094239826 320000/329999 Licenses & Permits 497699085 590379907 493859000 7869548 498259000 330000/339999 Intergovernmental Revenues 293989865 293009315 291759677 190439605 291709219 340000/349999 Charges for Services 194579659 196819015 197809450 7879688 198209200 350000/359999 Fines & Forfeitures 198939654 298899747 9479000 190169716 194579000 360000/369999 Miscellaneous Revenues 2839834 3489572 4209000 759131 1919000 380000/389999 Transfer from Funds 1249000 1259000 1649000 829000 829250 399900/399999 Fund Balance 1597109661 1892209034 1699249856 1699249856 1596979608 Total Available General Fund $ 5093119985 $ 5292639206 $ 4699409137 $ 3490629472 $ 4696679103 EXPENDITURES APPROVED HALF YEAR CITY MANAGER OBJECT ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL CODE CATEGORY 2008/09 2009/10 2010/11 2010/11 2011/12 1000/2999 Personal Services 1693699509 1794439744 1890979235 897949691 1897279221 3000/3999 Contractual Services 395009243 399339521 395869375 196479709 395759253 4000/4999 Other Charges & Services 396759812 393679315 490239904 195729577 399589705 5000/5399 Commodities 5089195 5879632 6489600 3349407 6839642 5400/5499 Other Operating Expenses 1709794 1249598 2449260 619552 2079060 Total operating expenses 24,224,553 2594569810 269600,374 12,4109936 27,151,881 600016999 Capital Outlay 192179444 298709337 1890789229 194069953 1792949188 8000/8999 Transfer to Funds 493369587 396569469 292619534 8429965 292209979 Total expenditures $ 2997789584 $ 3199839616 $ 4699409137 $ 1496609854 $ 4696679048 2 -7 CITY OF AVENTURA � GENERAL FUND - 001 FUND BALANCE ANALYSIS 2011/12 REVENUE PROJECTIONS APPROVED HALF YEAR CITY MANAGER ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL CATEGORY 2008109 2009110 2010111 2010111 2011112 Beginning Fund Balance $ 1537103661 $ 1832203034 $ 1639243856 $ 1639243856 $ 1536973608 Revenues /Sources: Operating Expenditures Locally Levied Taxes 0101 City Commission $ 1119249 $ 1129385 Property Taxes $ 1531893005 $ 1332533848 $ 1139403154 $ 1031453506 $ 1230053146 Section 185 Premium Tax 265,314 2843381 2843000 - 284,000 Utility Taxes 435903306 4,7683491 4,5513000 1,947,471 43809,680 Unified Comm. Tax 2,8613566 216793607 216003000 1,120,810 23600,000 City Business Tax 7683036 6743289 7683000 1323141 7253000 M Subtotal 23,674,227 21,660,616 20,143,154 13,345,928 20,423,826 4159639 Licenses & Permits 437699085 5,0373907 4,3853000 786,548 43825,000 Intergovernmental Rev. 233983865 2,3003315 2,175,677 1,043,605 23170,219 Charges for Services 13457,659 1,681,015 1,780,450 787,688 1,820,200 Fines & Forfeitures 13893,654 2,889,747 947,000 1,016,716 1,457,000 Miscellaneous 283,834 348,572 420,000 75,131 191,000 Interfund Transfers In 1243000 1253000 1643000 82,000 82,250 Subtotal 10,927,097 12,3823556 9,8723127 3,791,688 103545,669 27,151,881 Capital Outlay Expenditures 152179444 Total Revenues /Sources $ 34,601,324 $ 34,043,172 $ 303015,281 $ 1731373616 $ 30,9693495 APPROVED HALF YEAR CITY MANAGER OBJECT ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL CODE CATEGORY 2008109 2009110 2010111 2010111 2011112 • Expenditures /Uses: Operating Expenditures 0101 City Commission $ 1119249 $ 1129385 $ 1199927 $ 599039 $ 1199938 0501 Office of the City Manager 8589771 8609156 8689416 396,619 888,673 0601 Legal 3089658 2499159 2809000 99,321 280,000 0801 City Clerk's Office 269,248 2485636 2865068 106,317 270,082 1001 Finance 7759748 8239517 8499590 4069331 8759064 1201 Information Technology 7439547 8289852 9159901 4159639 9699176 2001 Public Safety 1392709179 14,3009121 14,8989377 7,466,335 159895,719 4001 Community Development 199469000 2,2679859 1,477,308 1,011,571 19506,872 5001 Community Services 492149158 491389842 495849912 196129774 490699104 7001 Arts & Cultural Center 154,479 3885987 6845875 283,027 673,253 9001 Non - Departmental 195729516 192389296 196359000 5539963 196049000 Total Operating Expenditures 24,2249553 25,456,810 26,6009374 12,4109936 27,151,881 Capital Outlay Expenditures 152179444 298709337 298849741 194069953 291009700 Interfund Transfers Out 4,3369587 3,6569469 2,2619534 842,965 29220,979 Tot 2997789584 3199839616 3197469649 1496609854 3194739560 Ending Fund Balance Designated for Capital Improvements 2095339401 20,2799590 15,1939488 19,401,618 159193,543 • M i MM IIt aim I �jt to *� L �M r �: REVENUE PROJECTIONS 2 -9 CITY OF AVENTURA �ENERAL FUND - 001 REVENUE PROJECTIONS 2011/12 OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 Locally Levied Taxes 3111000 Ad Valorem Taxes - Current $ 1590629722 $ 1295859864 $ 1198799670 $ 1090069293 $ 1199559146 3112000 Ad Valorem Taxes - Delinquent 1269283 6679984 609484 1399213 509000 3125200 Section 185 Premium Tax 2659314 2849381 2849000 - 2849000 3141000 Utility Tax - Electric 397069940 398859934 397009000 195529144 399089625 3143000 Utility Tax -Water 8319390 8439039 8009000 3519706 8509000 3144000 Utility Tax -Gas 519976 399518 519000 439621 519000 3149000 Unified Communications Tax 298619566 296799607 296009000 191209810 296009000 3161000 City Business Tax 7689036 6749289 7689000 1329141 7259000 Subtotal 2396749227 2196609616 2091439154 1393459928 2094239771 Licenses & Permits 3221000 Building Permits 9979205 193039630 7009000 5999167 193009000 3221500 Radon /Code Comp Admn. Fee 52 353 - 19370 - 3222000 Certificate of Occupancy 1189636 339804 159000 129483 109000 3231000 Franchise Fee - Electric 391309232 391969576 391509000 - 299919000 3234000 Franchise Fee -Gas 679928 429675 659000 - 659000 3237100 Franchise Fee - Sanitation 4159924 4179541 4209000 1499157 4209000 3238000 Franchise Fee - Towing 309093 309093 309000 159046 309000 3291000 Engineering Permits 99015 139235 59000 99325 99000 �btota I a 497699085 590379907 493859000 7869548 498259000 Intergovernmental Revenues 3312000 ARRA Funds - 1409241 - - - 3312100 Bulletproof Vests 89334 49936 - 39579 - 3312251 Aggressive Driving Program 1209145 - - - - 3312276 American Recovery Reinvestmer - - - 649363 - 3312550 Byrne Grant 148 59910 - 529 79542 3312910 FEMA 739996 141 - - - 3342009 Justice Assistance Grant 59653 - - - - 3342090 Misc. State Grants 309270 159010 - - - 3344901 Maintenance Agreement Paymer 89677 89677 89677 29169 89677 3351200 State Revenue Sharing 3479225 3469523 3509000 1669426 3509000 3351500 Alcoholic Beverage License 169745 199551 159000 19640 209000 3351800 Half Cent Sales Tax 197319828 197019703 197509000 7889585 197259000 3354930 Fuel Tax Refund 119208 159013 89000 39559 159000 3382000 County Business Tax 449636 429610 449000 129755 449000 ff Subtotal 293989865 293009315 291759677 190439605 2,170,219 Charges For Services 3413000 Certificate of Use Fees 59145 49375 59200 29345 59200 3419000 Election Filing Fees - - 250 - - 3419500 Lien Search Fees 479708 759362 259000 429250 359000 3421300 Police Services Agreement 5089521 6629796 7609000 3169667 7609000 3425000 Development Review Fees 739270 779726 259000 359193 359000 3471000 Rec /Cultural Events 559189 359619 609000 109168 359000 3472000 Parks & Recreation Fees 1249206 1369431 1259000 919899 1259000 3472500 Community Center Fees 1819844 2189445 1759000 1579884 2009000 3474000 Founders Day 349200 249783 359000 239354 309000 3475000 Summer Recreation 4279576 4459478 4209000 289589 4459000 3476001 AACC Fees and Rentals - - 1509000 799339 1509000 Subtotal 194579659 196819015 197809450 7879688 198209200 2 -11 Fines & Forfeitures 3511000 County Court Fines 4019368 4009442 3909000 1689144 4009000 3541000 Code Violation Fines 169312 219544 79000 69900 79000 3542000 Intersection Safety Camera Progi 194759974 294679761 5509000 8419672 190509000 NEWSubtota JW 198939654 298899747 9479000 190169716 194579000 Misc. Revenues 3611000 Interest Earnings 2349623 2599277 3509000 209146 1509000 3644200 Sale of Assets 279096 169162 59000 259738 59000 3644910 Lost/Abandoned Property 529 - - - - 3662000 AACC Contributions - 19000 - - - 3662010 Brick Pavers - 69550 259000 19800 39000 3662020 Honor Roll - 329500 159000 39000 39000 3691000 Cobra Billings - - - - - 3699000 Misc. Revenues 219586 339083 259000 249447 309000 Subtotal 2839834 3489572 4209000 759131 1919000 Non - Revenue 3811018 Transfer from 911 Fund 949000 1259000 1649000 829000 829250 3811019 Transfer from Charter School Op 309000 - - - - 3999000 Carryover 1597109661 1892209034 1699249856 1699249856 1596979608 =Subtotal 1598349661 1893459034 1790889856 1790069856 1597799858 Total Available General Funs $ 5093119985 $ 5292639206 $ 4699409137 $ 3490629472 $ 4696679048 2 -11 REVENUE PROJECTION RATIONALE LOCALLY LEVIED TAXES 3111000 Ad Valorem Taxes Current — Ad Valorem or property taxes are authorized by Chapter 166, Florida Statutes. The Florida Constitution limits local governments to a maximum of 10 mills of Ad Valorem taxation. The amount of revenue is based on the tax rate multiplied by the assessed value of the City which is provided by the County Property Appraiser. The amount is then budgeted at 95% of its gross value to allow for prompt payment discounts and other adjustments in accordance with Florida Statutes. The City's assessed value as reported by the Property Appraiser is $7,290,634,319. This amount is 0.6% or $46,027,712 higher than last year. The ad valorem millage levy for fiscal year 2011/12 is recommended to be 1.7261, which is the same rate adopted last year. This will generate $11,955,146 compared to last year's amount of $11,879,670. This represents the seventeenth year without an increase. City Tax Rate History: Ad Valorem Tares - Current 1995/96 to 2006/07 — 2.2270 2007/08 to present — 1.7261 3112000 Ad Valorem Taxes Delinquent — This revenue source is derived by those taxpayers who do not pay their taxes by March 31 of any given year. On average the total revenue received in this category is minimal when compared to the total Ad Valorem taxes collected. Ail Valorem Taxes - Delinquent u,uou M UA 2 -12 3141000 Utility Tax - Electric — Section 166.231(1)(A), Florida Statutes, authorizes a city to collect Public Service or Utility Taxes. Miami -Dade County previously established by Ordinance utility taxes for unincorporated areas in the amount of 10% on electricity. The City enacted Ordinance 96 -03 which mirrored the County's utility tax levies. The projection is based on historical actual collections for the past two years. Utility Tax - EI trio ,OCO, �1,�rx�,rxx.M 51,❑i]�M,C�1 $.5C1fM,�1[XM - r 3143000 Utility Tax -Water — Section 166.231(1) (A), Florida Statutes, authorizes a City to collect Public Service or Utility Taxes. Miami -Dade County previously established by Ordinance utility taxes for unincorporated areas in the amount of 10% on water. The City enacted Ordinance 96 -03 which mirrored the County's utility tax levies. The projection is based on historical collections for the past two years. Uti lit)f Tax - Water Pgoflo, � au€r�a�au $4 LICMJUM $ 3w,uuu 0.000 �1 �l�fllxl 3144000 Utility Tax -Gas — Section 166.231(1) (A), Florida Statutes, authorizes a City to collect Public Service or Utility Taxes. Miami -Dade County previously established by Ordinance utility taxes for unincorporated areas in the amount of 10% on gas and oil. The City enacted Ordinance 96 -03 which mirrored the County's utility tax levies. The projection is based on actual collections for the past two fiscal years. UtiIity Tax - Gas F;LI,O0 %r).CU0 U,(OUU $) LI, 2 -13 3149000 Unified Communications Tax — Effective October 1, 2001, the Unified Communications Tax replaced municipal utility taxes and franchise fees on all telecommunication, cable and other communication services. The projection is based on actual collections for the past fiscal year. Unified Communications Tax • f. 3161000 City Business Tax — Pursuant to Chapter 205, Florida Statutes, the City has adopted an ordinance imposing a business tax for the privilege of engaging in or managing any business, profession or occupation within the City. The amount budgeted is based on anticipated collections in the 2010/11 fiscal year. City Business Tax nn,onn � rr�,rxX.M �,nrn $500'uw . a400," o0,OW 'e- -P rV T LICENSES AND PERMITS 3221000 Building Permits — Permits must be issued to any individual or business that performs construction work within the corporate limits of the City. These permits are issued for construction, such as plumbing, electrical, structural, mechanical, etc. The fees are set by City Ordinance. The projection includes in increase based on actual collection in the 2010/11 fiscal year and anticipated increase in building activity. 5�.�ou�aur� Savo $1U Building Permits 2 -14 3231000 Franchise Fee - Electric — A city may charge electric companies for the use of its rights -of -way per Florida Statutes 166.021 and 337.401. Miami -Dade County currently has an agreement with FPL covering the area now incorporated as Aventura, as well as the current unincorporated areas of the County. The County Commission, via an interlocal agreement, has agreed to share these revenues with Aventura. The amount projected is based on anticipated reductions compared to the actual amount collected for 2009/10. Franchise Fee - Electric $4,000,000 $3,500,000 $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $ 32134000 Franchise Fee -Gas — A city may charge gas companies for the use of its rights -of -way per Florida Statutes 166.021 and 337.401. It is standard practice to enact a 6% fee on gross revenues. The amount projected is based on historical collections. Franchise Fee-Gas ��uuuu $Atom tat 0W sick" 3237100 Franchise Fee - Sanitation — The City issues solid waste franchises to the private sector for all areas of the City. In addition a fee of 10% was adopted for the private companies to utilize the City's rights -of -way. The amount projected is based on historical collections. Franchise Fee - Sanitation 90,om M,Of �am,om 1001000 n,�an 3238000 Franchise Fee - Towing — The City awarded a franchise agreement for towing services within our corporate limits during the 2007/08 fiscal year. The amount is based on that agreement. 2 -15 3291000 Engineering Permits — This fee is representative of the costs associated with regulatory review of the installation of utilities, paving, drainage and right -of -way renovation /excavation by the City staff. The amount budgeted is based on actual collections in the 2010/11 fiscal year and expectations for next year. INTERGOVERNMENTAL REVENUES 3344901 Maintenance Agreement Payment — Funds provided by FDOT to maintain Medians and Rights of Way along Biscayne Boulevard. 3351200 State Revenue Sharing — Revenues received in this category represent base cigarette tax and 8t" cent motor fuel tax which are levied b the State. The portion which g Y comes from cigarette tax of approximately 71% of the total is deposited to the General Fund. The remainder is deposited to the Transportation and Street Maintenance Fund. The amount budgeted is based on actual collections in the current fiscal year. State Revenue Sharing S4WAJUU �mflo M pffl,flm $150,00U rxM,000 u, Um f 3351500 Alcoholic Beverage License — Various alcoholic beverage license taxes are levied on manufacturers, distributors, vendors and sales agents of alcoholic beverages in the State. The tax is collected by the State and distributed back to the City. The City's share is approximately 38% of the proceeds of the tax collected within the City. 3351800 Half Cent Sales Tax — This revenue source represents one half of the revenue generated by the additional 1% sales tax which is distributed to counties and cities based on a per capita formula. The amount budgeted is based on actual collections for the current fiscal year which includes a slight reduction compared to the prior year. Half Gera .sales Tax 511 :9M $1,; o, , $1,;OC €'UUU �1,7.ED,0 MiM $I- 1UU,UUO �i,6�M,UUU �1,fU<lrflLl[M � . $1, 5 500 MCM 2 -16 3382000 County Business Tax — All businesses in the City must have pay a County Business Tax in addition to the City's Business Tax to operate a business within the County's corporate limits. A portion of the County's revenues are remitted to the City. County Business Tax Flu. r(ao ���JFLlI JLJ Or UOU CHARGES FOR SERVICES 3421300 Police Services Agreement — This amount represents the amount to be paid by Aventura Mall for an increased level of services. The amount represents the cost of the City providing officers pursuant to agreement renegotiated in 2010. 3425000 Development Review Fees — These are fees charged to developers for costs associated with the interdepartmental review of new development proposals such as site plans and plats. 3471000 Recreation /Cultural Events — This is the amount paid by City residents to participate in various trips and events sponsored by the City. The revenues are offset by an expenditure account in the Community Services Department. 3472000 Parks & Recreation Fees — This includes non - resident fees for entering the park and user fees associated with the various programs at Founders Park and Waterways Park. 3472500 Community Center Fees — This represents membership fees and user fees charged for the various programs provided at the Community Recreation Center. 3475000 Summer Recreation — This represents fees charged for participants in the City's Summer Recreation Program. 3476001 Arts & Cultural Center Fees and Rentals — This represents anticipated revenue from rental fees, sponsors, grants and the summer performing arts camp. FINES & FORFEITURES 3511000 County Court Fines — The City receives a portion of the revenues resulting from traffic enforcement activities within its corporate limits. The projection is based on actual revenues for the period. 3541000 Code Violation Fines — Revenues in this category are generated when the owner of property within the City's corporate limits violates a City code. 2 -17 3542000 Intersection Safety Camera Program — Revenues generated from the Traffic Safety Camera Program. Projection is based on historical data. MISC. REVENUES 3611000 Interest Earnings — Investment practices are maintained to allow for 100% of available funds to be invested at all times. Determining factors in forecasting revenue for this line item are the anticipated interest rate and pooled dollars available for investment. 3699000 Miscellaneous Revenues — Any other revenues not otherwise classified. NON — REVENUE 3811018 Transfer from 911 Fund — This represents reimbursement to the General Fund to cover operating expenses relating to the 911 system. 3811019 Transfer from Charter School Fund — This represents reimbursement to the General Fund to cover administrative expenses. The charge is proposed to be waive for the 2011/12 fiscal year. 3999000 Carry — This amount is derived by a comparison of all of the anticipated revenues for the current period to all of the anticipated expenditures for the current period. The amount budgeted represents the total needed to fund anticipated future capital projects and to balance the revenues with projected expenditures. 2 -18 ewe CITY COMMISSION 2 -19 CITY OF AVENTURA CITY COMMISSION 2011/12 DEPARTMENT DESCRIPTION The City Commission is the community's legislative body which acts as the decision - making entity that establishes policies and ordinances to meet the community's needs on a proactive basis. The City Commission is committed to providing the best possible professional government and the delivery of quality service levels that reflect community priorities and maintain the quality of life for all residents. OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 1000/2999 Personal Services $ 629168 $ 629165 $ 629063 $ 3000/3999 Contractual Services - - - 4000/4999 Other Charges & Services 349657 349958 369764 5000/5399 Commodities 461 39049 39300 5400/5499 Other Operating Expenses 139963 129213 179800 Commissioner Total Operating Expenses $ 1119249 $ 1129385 $ 1199927 $ 319119 $ 629063 1 89300 379775 58 3,300 99562 169800 599039 $ 1199938 II Position No. Position Title PERSONNEL ALLOCATION SUMMARY 2008/09 2009/10 2010/11 2011/12 0301 Mayor 1.0 1.0 1.0 1.0 0401 Commissioner 1.0 1.0 1.0 1.0 0402 Commissioner 1.0 1.0 1.0 1.0 0403 Commissioner 1.0 1.0 1.0 1.0 0404 Commissioner 1.0 1.0 1.0 1.0 0405 Commissioner 1.0 1.0 1.0 1.0 0406 Commissioner 1.0 1.0 1.0 1.0 Total 7.0 7.0 7.0 7.0 2 -20 CITY OF AVENTURA CITY COMMISSION 2011/12 BUDGETARY ACCOUNT SUMMARY 001 -0101 -511 OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 2 -21 PERSONAL SERVICES 1210 Commission Salaries $ 559000 $ 55,000 $ 555000 $ 279500 $ 559000 2101 FICA 65859 65938 65865 35504 65865 2401 Workers' Compensation 309 227 198 115 198 Subtotal 625168 625165 625063 315119 625063 OTHER CHARGES & SERVICES 4030 Legislative Expenses 349657 345958 365764 189300 379775 Subtotal 345657 345958 365764 1 89300 379775 COMMODITIES 5101 Office Supplies - 192 300 29 300 5290 Other Operating supplies 461 25857 35000 29 35000 Subtotal 461 35049 35300 58 35300 OTHER OPERATING EXPENSES 5410 Subscriptions & Memberships 75297 25429 75800 85732 75800 5420 Conferences & Seminars 6,666 95784 105000 830 95000 F­6bt 13,963 12,213 175800 99562 169800 5 Total City Commission $ 1115249 $ 1125385 $ 1195927 $ 599039 $ 1199938 2 -21 CITY COMMISSION BUDGET JUSTIFICATIONS 4030 Legislative Expenses — This account represents the $5,396 established per Commissioner to offset expenses incurred in the performance of their official duties. 5410 Subscriptions & Memberships — The following memberships are included for funding: Florida League of Cities National League of Cities Miscellaneous Seminars 5420 Conferences & Seminars — Funding for this purpose is essential in order to keep informed of changing and new developments in local government. Florida League of Cities National League of Cities Miscellaneous Seminars 2 -22 a ■ *� � I �iil OFFICE OF THE CITY MANAGER 2 -23 CITY OF AVENTURA OFFICE OF THE CITY MANAGER 2011/12 DEPARTMENT DESCRIPTION Maintain a City government structure that represents the needs of the community and provides quality services in an efficient, businesslike and professional manner. Responsible for the overall management of all functions and activities of the City's operations, preparation of annual budget and 5 -year CIP document and ensures the proper implementation of policies and ordinances adopted by the City Commission. Provides recommendations and solutions to community concerns. Utilizes customer service focus process to respond to citizen requests. Coordinates personnel function for City operations. 1000/2999 Personal Services $ 7289892 $ 7419855 $ 7059116 $ 3089246 $ 7279373 3000/3999 Contractual Services 539388 529776 539000 259105 539000 4000/4999 Other Charges & Services 679651 579267 919500 609422 919500 5000/5399 Commodities 29692 29069 59500 725 59500 5400/5499 Other Operating Expenses 69148 69189 139300 29121 119300 1.0 Total operating expenses $ 8589771 $ 8609156 $ 8689416 $ 3969619 $ 8889673 Position No. Position Title PERSONNEL ALLOCATION SUMMARY 2008/09 2009/10 2010/11 2011/12 0101 City Manager 1.0 1.0 1.0 1.0 0601 Capital Projects Manager 1.0 1.0 - - 4701 Capital Projects Manager /Code Enforcement Office - - 0.6 0.6 0701 Assistant to City Manager /Personnel Officer 1.0 1.0 1.0 1.0 0201 Secretary to City Manager 1.0 1.0 1.0 1.0 0801 Receptionist/inform. Clerk 1.0 1.0 1.0 1.0 Total 5.0 5.0 4.6 4.6 2 -24 Office of the City Manager Organization Chart City Manager City Manager's Capital Projects Assistant to City Secretary Manager /Code Officer Manager /Personnel Officer Receptionist/ Information Clerk 2 -25 CITY OF AVENTURA OFFICE OF THE CITY MANAGER 2011/12 OBJECTIVES 1. Provide completed reports and recommendations on a timely basis upon which the City Commission can make policy decisions. 2. Prepare and submit budget to the City Commission by July 10t" of each year. 3. Oversee customer service functions by all Departments to ensure timely response or resolution of citizen requests. 4. Coordinate, control and monitor the activities of all City Departments and operations. 5. Interact with community organizations and associations to increase public awareness of City's various programs, facilities and services. 6. Update 5 -year Capital Improvement Program document and submit to the City Commission by June of each year. 7. Effectively administer the budget priorities and goals established by the City Commission. 8. Perform the functions of Director of Emergency Management to provide for an effective emergency response capability for all City operations. 9. Coordinate and oversee the City's Charter School operations. 10. Prepare Charter School budget. 11. Oversee and coordinate capital projects. 12. Issue newsletters and annual report to the public. 13. Maintain effective personnel system to allow for timely recruitment and hiring of employees. PERFORMANCE WORKLOAD INDICATORS 2 -26 ACTUAL ACTUAL PROJECTED ESTIMATE 2008/09 2009/10 2010/11 2011/12_ Citizen Requests & Inquires 56 50 45 50 Commission Requests 30 27 25 25 Community Meetings Attended 20 15 13 13 Agenda Back up Items Prepared 56 66 55 55 No. of Newsletters & Reports Issued 5 5 5 5 Annual Budget & CIP Prepared 2 2 2 2 School Budget 1 1 1 1 City Manager Briefing Reports 12 12 12 12 Capital Projects Oversight 16 16 14 14 Capital Projects Completed 16 16 14 14 School Advisory Committee Meeting 5 5 5 5 Number of New Hires 4 3 4 4 2 -26 CITY OF AVENTURA OFFICE OF THE CITY MANAGER 2011/12 BUDGETARY ACCOUNT SUMMARY 001 -0501 -512 OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011 /12 2 -27 PERSONAL SERVICES 67,651 57,267 91,500 60,422 915500 1201 Employee Salaries $ 516,494 $ 540,156 $ 507,314 $ 230,331 $ 5155263 2101 FICA 305316 315908 355826 145581 395418 2201 Pension 875602 775321 885852 205162 895725 2301 Health, Life & Disability 895000 885706 675404 415907 775078 2401 Workers' Compensation 55480 35764 55720 15265 55889 Subtotal E 7285892 7415855 7055116 3085246 7275373 5410 Subscriptions & Memberships 45390 35835 65800 15391 CONTRACTUAL SERVICES 5420 Conferences & Seminars 15678 25254 35000 3140 Background -New Employees 96 (34) - - - 3170 Lobbyist Services 505000 505060 505000 255000 505000 3180 Medical Exams -New Employees 35292 25750 35000 105 35000 25121 WSubtota 535388 525776 535000 255105 535000 396,619 $ 8885673 OTHER CHARGES & SERVICES 4001 Travel & Per Diem 25500 25011 45000 244 43000 4040 Administrative Expenses 147 (160) 600 - 600 4041 Car Allowance 115400 115400 115400 55700 115400 4101 Communication Services 15952 25338 25500 15323 25500 4701 Printing & Binding 642 334 35000 441 35000 4710 Printing /Newsletter 435738 345635 535000 455250 535000 4910 Advertising 75272 65709 175000 75464 175000 2 -27 Subtotal 67,651 57,267 91,500 60,422 915500 COMMODITIES 5101 Office Supplies 25260 15495 45000 639 43000 5120 Computer Operating Supplies - - 15000 86 15000 5290 Other Operating Supplies 432 574 500 - 500 Subtotal 25692 25069 55500 725 55500 OTHER OPERATING EXPENSES 5410 Subscriptions & Memberships 45390 35835 65800 15391 53800 5420 Conferences & Seminars 15678 25254 35000 730 35000 5450 Training 80 - 25500 - 15500 5901 Contingency - 100 15000 - 15000 Subtotal' 65148 65189 135300 25121 115300 Total City Manager $ 8585771 $ 860,156 $ 868,416 $ 396,619 $ 8885673 2 -27 OFFICE OF THE CITY MANAGER BUDGET JUSTIFICATIONS 3170 Lobbyist Services — Costs associated with retaining a professional lobbyist to foster the City's position at the state and county level. 4710 Printing /Newsletter — Represents the cost of printing various documents, informational newsletters and annual report to the residents. 5410 Subscriptions &Memberships —This line item is used to fund memberships with professional organizations and subscriptions. Florida City &County Manager's Association International City Management Association American Planning Association Government Finance Officers Association International Personnel Manager Association (IPMA) Florida Personnel Managers Association American Society of Public Administration Society for Human Resource Management Miscellaneous subscriptions 5420 Conferences & Seminars — Funding for this purpose is essential in order to keep informed of changing and new developments in the field of City Management, local government and personnel. Florida City & County Manager's Association International City Management Association Florida League of Cities Miscellaneous Management Seminars IPMA or other Personnel Related Florida Public Personnel Association 2 -28 ad -29 * woo' +'. M *� �+; m r �R7 Wis. 1 4 LEGAL CITY OF AVENTURA LEGAL 2011/12 DEPARTMENT DESCRIPTION To provide legal support and advice to the City Commission, City Manager, Department Directors and advisory boards on all legal issues affecting the City. OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 1000/2999 Personal Services $ - $ - $ - $ - $ - 3000/3999 Contractual Services 306,498 2439197 2759000 99,321 275,000 4000/4999 Other Charges & Services - - - - - 5000/5399 Commodities - - - - - 5400/5499 Other Operating Expenses 25160 51962 55000 - 59000 Total Operating Expenses $ 308,658 $ 249,159 $ 280,000 $ 99,321 $ 280,000 OBJECTIVES 1. Ensure that the various rules, laws and requirements of state, local and federal governments are understood and followed by the City. 2. Review and preparation of contracts, ordinances and resolutions. 3. Represent the City in litigation matters. 4. Provide legal support services to the City Commission, staff and City Boards. PERFORMANCE WORKLOAD INDICATORS 1. Positive compliance with all rules and regulations. 2. Number of documents prepared. 3. Litigation is avoided or concluded to the City's satisfaction. 4. Number of meetings attended. 2 -30 CITY OF AVENTURA LEGAL 2011/12 BUDGETARY ACCOUNT SUMMARY 001 -0601 -514 OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 CONTRACTUAL SERVICES 3120 Prof. Services - Legal $ 3069498 $ 2439197 $ 2759000 $ 999321 $ 2759000 3301 Court Costs & Fees - - - - - Subtotal 3069498 2439197 2759000 999321 2759000 OTHER OPERATING EXPENSES 5901 Contingency 29160 59962 59000 - 59000 Subtotal 29160 59962 59000 - 59000 Total Legal $ 3089658 $ 2499159 $ 2809000 $ 999321 $ 2809000 BUDGET JUSTIFICATIONS 3120 Professional Services Legal — Represents the estimated cost of maintaining the contracted City Attorney arrangement with the firm of Weiss Serota Helfman Pastoriza Cole & Boniske, P.L. at an hourly rate of $197, other special counsel and Leibowitz & Associates, P.A. to perform legal services required by the City Commission and City Manager. 2 -31 -P J *r' CITY CLERK'S OFFICE I 2 -32 CITY OF AVENTURA CITY CLERK'S OFFICE 2011/12 DEPARTMENT DESCRIPTION To record and maintain an accurate record of the official actions of the City Commission and Advisory Boards. Serve as the local Elections Supervisor. Provide notice of all required meetings, effect legal advertising and respond to public records requests. Implement and maintain records management program. Administer publication and supplement of City Code Book. Maintain custody of City Seal and all City records. Assist in preparation of agenda items, prepare and distribute agenda packages and recaps. Schedule Code Enforcement Hearings and provide administrative support to Special Master. Provide clerical support to the City Commission. Assist City Manager's Office with special projects. OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 1000/2999 Personal Services $ 2059383 $ 2109694 $ 2149668 $ 919268 $ 2159382 3000/3999 Contractual Services - - - - - 4000/4999 Other Charges & Services 599176 349325 649500 119032 489000 5000/5399 Commodities 29742 29353 49400 39383 49400 5400/5499 Other Operating Expenses 19947 19264 29500 634 29300 Total Operating Expenses $ 2699248 $ 2489636 $ 2869068 $ 1069317 $ 2709082 PERSONNEL ALLOCATION SUMMARY Position No. Position Title 2008/09 2009/10 2010/11 2011/12 0501 City Clerk 1.0 1.0 1.0 1.0 0901 Executive Assistant to City Clerk - - - 1.0 9601 Admin. Asst to City Clerk 1.0 1.0 1.0 - Tota 1 2.0 2.0 2.0 2.0 2 -33 City Clerk's Office Organization Chart City Clerk Executive Asst to City Clerk 2-34 CITY OF AVENTURA CITY CLERK'S OFFICE 2011/12 OBJECTIVES 1. To maintain accurate minutes of the proceedings of the City Commission, Advisory Boards and other Committees of the City. 2. To publish and post public notices as required by law. 3. To maintain custody of City records and promulgate procedures for the orderly management, maintenance, retention, imaging and destruction of said records. 4. To provide clerical support to City Commissioners, including mail, correspondence, travel and conference registration, preparation of proclamations and certificates. 5. To administer the publication, maintenance and distribution of the Code Book and supplements. 6. To conduct municipal elections in accordance with City, County and State laws. 7. To establish and coordinate the City's records management program in compliance with state law. 8. To effect legal advertising to fulfill statutory requirements of local and state law. 9. To prepare and provide for distribution of agenda packages to Commission, staff, citizens and provide for placement of same on the City's website and prepare and distribute recaps of Commission meetings. 10. To schedule Code Enforcement Hearings and provide clerical support to Special Master. 11. To fulfill information and public records requests within 72 hours. PERFORMANCE WORKLOAD INDICATORS 2 -35 ACTUAL ACTUAL PROJECTED ESTIMATED 2008/09 2009/10 2010/11 2011/12 No. of Sets of Minutes Prepared 38 42 40 40 No. of Public Notices Prepared 36 52 35 35 No. of Legal Advertisements Published 22 24 35 35 No. of Ordinances Drafted 6 6 6 6 No. of Resolutions Drafted 28 30 25 25 No. of Lien Requests Responded To 982 17488 850 17000 No. of Welcome Letters Prepared 302 399 350 400 No. of Agenda Packages Prepared /Distributed 34 42 40 40 No. of Agenda Recaps Prepared /Distributed 12 12 12 11 No. of Code Enforcement Hearings Scheduled 0 684 500 5 2 -35 CITY OF AVENTURA CITY CLERK'S OFFICE 2011/12 BUDGETARY ACCOUNT SUMMARY 001 - 0801 -519 OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 2 -36 PERSONAL SERVICES 1201 Employee Salaries $ 1549004 $ 1599562 $ 1579352 $ 709132 $ 1619404 1401 Overtime 611 607 300 226 600 2101 FICA 119373 119785 129037 49819 129347 2201 Pension 209392 189952 239157 79494 239752 2301 Health, Life & Disability 189487 199373 219256 89407 169698 2401 Workers' Compensation 516 415 566 190 581 Subtotal 2059383 2109694 2149668 919268 2159382 OTHER CHARGES & SERVICES 4001 Travel & Per Diem - - 39500 - 29000 4041 Car Allowance 69000 69000 69000 39000 69000 4101 Telephone 457 127 500 200 500 4701 Printing & Binding 498 305 39000 59 39000 4730 Records Retention 29245 135 59000 916 59000 4740 Ordinance Codification 19729 39974 19500 400 19500 4911 Legal Advertising 489247 239784 309000 69457 309000 4915 Election Expenses - - 159000 - - Subtotal 599176 349325 649500 119032 489000 COMMODITIES 5101 Office Supplies 29063 19724 39000 29272 39000 5120 Computer Operating Supplies 562 531 600 529 600 5290 Other Operating Supplies 117 98 800 582 800 Subtotal 29742 29353 49400 39383 49400 OTHER OPERATING EXPENSES 5410 Subscriptions & Memberships 19099 19124 19300 584 19300 5420 Conferences & Seminars 848 140 19200 50 19000 JFSubtotal 19947 19264 29500 634 29300 Total City Clerk $ 2699248 $ 2489636 $ 2869068 $ 1069317 $ 2709082 2 -36 CITY CLERK'S OFFICE BUDGET JUSTIFICATIONS 4001 Travel & Per Diem — Provides for attendance at the International Institute of Municipal Clerks Conferences, Florida Association of City Clerks Conference and Training Institute, Florida League of Cities Conferences. 4730 Records Retention — Costs associated with imaging of records to maintain records management program. 4740 Ordinance Codification — Costs associated with the official codification of City Ordinances. 4911 Legal Advertising — Costs incurred to satisfy legal requirements of State Statutes, County and City Code. 5410 Subscription & Memberships — This line item is used to fund memberships with professional organizations and subscriptions. Florida Association of City Clerks International Institute of Municipal Clerks Miami -Dade County Municipal Clerks Association Newspapers 2 -37 f*m� OMNIti 9 *= EMI On An r9 rt FINANCE 2 -38 CITY OF AVENTURA FINANCE 2011/12 DEPARTMENT DESCRIPTION To provide overall financial and support services to the organization which includes accounting, cash management, purchasing, risk management, financial planning and budgetary control. 1000/2999 Personal Services $ 6889529 $ 7229318 $ 7499090 $ 3479624 $ 7769024 3000/3999 Contractual Services 599079 689759 619700 479150 599100 4000/4999 Other Charges & Services 149221 189449 209700 59118 209340 5000/5399 Commodities 79443 79304 89600 39940 109100 5400/5499 Other Operating Expenses 69476 69687 99500 29499 99500 1.0 Total Operating Expenses $ 7759748 $ 8239517 $ 8499590 $ 4069331 $ 8759064 PERSONNEL ALLOCATION SUMMARY Position No. Position Title 2008/09 2009/10 2010/11 2011/12 1001 Finance Director 1.0 1.0 1.0 1.0 1502 Controller 1.0 1.0 1.0 1.0 3001 Executive Assistant/Risk Mgm. Coordinator 1.0 1.0 1.0 1.0 1301 Purchasing Agent 1.0 1.0 1.0 1.0 1201 -1203 Accountant 2.0 2.0 2.0 2.0 3601 Customer Service Rep. II 1.0 1.0 1.0 1.0 Tota 1 7.0 7.0 7.0 7.0 2 -39 = • , I 1 • OE M A ll�� 11 III t.--Mm Customer Service Representative 11 Finance Department Organization Chart � 2r,7TTR3- 2-40 9a3UEMME= Executive Assistant/Risk Manager Coordinator ama= I CITY OF AVENTURA FINANCE 2011/12 OBJECTIVES 1. Invest idle funds in accordance with the City's Investment Policy 100% of the time. 2. Issue Comprehensive Annual Financial Report (CAFR) by March 31 of each year. 3. Obtain Government Finance Officers Association's Certificate of Achievement for Excellence in Financial Reporting for CAFR each year. 4. Produce /distribute quarterly financial monitoring reports within 30 days of quarter -end. 5. Annually review adequacy of purchasing procedures. 6. Issue purchase orders within two (2) business days of approval. 7. Process all invoices within ten (10) business days of approval. 8. Process bi- weekly payroll /related reports in a timely and accurate manner. 9. Annually review adequacy of insurance coverage. PERFORMANCE WORKLOAD INDICATORS 2 -41 ACTUAL ACTUAL PROJECTED ESTIMATE 2007/08 2008/09 2009/10 2010/11 % of idle funds invested in accordance with policy 100% 100% 100% 100% Number of CAFRs issued prior to 3/31 1 1 1 1 Number of G FOA Certificate of Achievements 1 1 1 1 Number of quarterly reports produced timely 4 4 4 4 Annually review purchasing procedures 1 1 1 1 % of purchase orders issued within 2 days 99% 99% 99% 99% % of invoices processed within 10 days 98% 98% 98% 98% Number of bi- weekly payroll processed timely 26 26 26 26 Annually review adequacy of insurance coverage 1 1 1 1 2 -41 CITY OF AVENTURA FINANCE 2011/12 BUDGETARY ACCOUNT SUMMARY 001 - 1001 -513 OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 2 -42 PERSONAL SERVICES 1201 Employee Salaries $ 4839701 $ 5219668 $ 5319812 $ 2609260 $ 5469437 1401 Overtime - - - - - 2101 FICA 349641 369255 409684 179241 419802 2201 Pension 699674 599967 769917 179159 799033 2301 Health, Life & Disability 989901 1039108 999517 529305 1069785 2401 Workers' Compensation 19612 19320 160 659 19967 Subtotal 6889529 7229318 7499090 3479624 7769024 CONTRACTUAL SERVICES 3190 Prof. Services 79515 39259 79200 19725 79600 3201 Prof. Services - Auditor 519564 659500 549500 459425 519500 WS 599079 689759 619700 479150 599100 OTHER CHARGES & SERVICES 4001 Travel & Per Diem 39887 39444 79000 19565 79000 4101 Communication Services 19221 19141 19200 387 840 4610 R &M - Vehicles 29188 19348 19500 66 19500 4650 R &M- Office Equipment - - 500 - 500 4701 Printing & Binding 29777 29586 49000 577 49000 4910 Advertising 49148 99930 69000 29523 69000 4990 Other Current Charges - - 500 - 500 Subtotal 149221 189449 209700 59118 209340 COMMODITIES 5101 Office Supplies 49000 39861 59000 19456 59000 5120 Computer Operating Supplies 911 531 800 529 800 5220 Gas & Oil 29279 29902 29500 19955 49000 5290 Other Operating Supplies 253 10 300 - 300 Subtotal 79443 79304 89600 39940 109100 OTHER OPERATING EXPENSES 5410 Subscriptions & Memberships 39641 39006 39500 854 39500 5420 Conferences & Seminars 29107 29811 49000 19645 49000 5450 Training 694 870 19500 - 19500 5901 Contingency 34 - 500 - 500 Subtotal 69476 69687 99500 29499 99500 Total Finance $ 7759748 $ 8239517 $ 8499590 $ 4069331 $ 8759064 2 -42 FINANCE BUDGET JUSTIFICATIONS 3190 Professional Services — The cost of an actuary to prepare an actuarial evaluation for the City's Other Post Employment Benefits and the cost related to armored car services. 3201 Professional Services - Auditor — The cost of an audit firm to perform the City's year- end financial audit, including any State and Federal Single audits, in addition to, any other auditing - related services that may be required. 4001 Travel & Per Diem — The costs associated with employees to attend conferences and seminars in order maintain professional designations and to remain current in their respective field. Government Finance Officers Association Florida Government Finance Officers Association Florida Institute of Certified Public Accountants Florida Association of Public Purchasing Officer National Institute of Governmental Purchasing 4101 Communication Services — Includes telephone services for department personnel. 4650 R &M Office Equipment — Includes maintenance and support of equipment other than computers. 4910 Advertising — Includes the cost of advertising all bids and RFP notices. 5410 Subscriptions & Memberships — Includes the cost to fund memberships and subscriptions to professional organizations. Government Finance Officers Association Florida Government Finance Officers Association Florida Institute of Certified Public Accountants American Institute of Certified Public Accountants Florida Association of Public Purchasing Officer National Institute of Governmental Purchasing National Contract Management Association American Payroll Association 5420 Conferences & Seminars — Includes the cost to maintain professional designations as well as educate and inform staff of the latest developments and trends in their respective field. Government Finance Officers Association Florida Government Finance Officers Association Florida Institute of Certified Public Accountants Florida Association of Public Purchasing Officer National Institute of Governmental Purchasing 2 -43 a /album ;,; low f ' +'. +r + m � _y+ � i % .•� III �..• to ■� INFORMATION TECHNOLOGY 2 -44 CITY OF AVENTURA INFORMATION TECHNOLOGY 2011/12 DEPARTMENT DESCRIPTION This department provides a secure computing environment that allows for efficient processing of City - related business. Information Technology uses the City's website, AVTV and radio station to deliver accurate and consistent information to the City's customers. OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 1000/2999 Personal Services $ 5639697 $ 6649571 $ 6949501 $ 3289917 $ 3000/3999 Contractual Services 29450 59257 109000 19187 4000/4999 Other Charges & Services 1499981 1389199 1799540 809546 5000/5399 Commodities 189852 149557 189300 39008 5400/5499 Other Operating Expenses 89567 69268 139560 19981 Total Operating Expenses $ 7439547 $ 8289852 $ 9159901 $ 4159639 $ PERSONNEL ALLOCATION SUMMARY Position No. Position Title 2008/09 9201 Information Technology Director 8701 Network Administrator II 1402 Network Administrator 1 8001 Webmaster /Communications Specialist 9501 IT Project Coordinator 9701 Support Specialist 1.0 Tota I 734,626 10,000 192,690 18,300 13,560 969,176 II 2009/10 2010/11 2011/12 II 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 - 1.0 1.0 1.0 1.0 1.0 1.0 1.0 5.0 6.0 6.0 6.0 2 -45 Information Technology Department Organization Chart Network Administrator (2) Information Technology Director Webmaster/ Communications Specialist (1) 2 -46 Support IT Project Specialist (1) Coordinator (1) CITY OF AVENTURA INFORMATION TECHNOLOGY 2011/12 OBJECTIVES 1. Provide a secure computer network for applications, sharing of common files, email, etc. 2. Provide a central computer system that serves the information management needs of all departments. 3. Provide help desk services for all City staff. 4. Develop a 3 - 4 year replacement cycle for computing equipment. 5. Expand E- Government applications and services. 6. Address departmental and customer requests to enhance the information on the City's, ACES' and Aventura Arts & Cultural Center's websites. 7. Enhance the City's intranet to provide timely information to City staff. 8. Deliver a consistent message to the City's customers by coordinating communications. 9. Improve AVTV and the City's Information Radio Station WPZQ420 1650AM by keeping information accurate and current and by varying programming. 10. Coordinate the creation and distribution of the City's periodical publications including newsletters and annual report. 11. Provide training on computer applications and computer related topics. PERFORMANCE WORKLOAD INDICATORS 2 -47 ACTUAL ACTUAL PROJECTED ESTIMATED 2008/09 2009/10 2010/11 2011/12 % of time computer network is operational 99 99 99 99 % of time www.cityofaventura.com is available 99 99 99 99 % of time www.aventuracharter.org is available 99 99 99 99 Number of workstations supported 235 235 235 235 Number of physical servers supported 25 18 15 10 Number of virtual servers supported 2 9 15 20 Number of help desk support cases 37396 37272 37100 37100 Number of newsletters and annual reports coordinated 4 4 4 4 Number of training sessions held 4 4 4 4 2 -47 CITY OF AVENTURA INFORMATION TECHNOLOGY 2011/12 BUDGETARY ACCOUNT SUMMARY 001 - 1201 -513 OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010111 2010111 2011/12 2 -48 PERSONAL SERVICES 1201 Employee Salaries $ 4039998 $ 485,932 $ 4979811 $ 2505011 $ 5119501 2101 FICA 295386 345813 385083 175200 395130 2201 Pension 575214 515097 715032 95054 725986 2301 Health, Life & Disability 715756 915500 859788 525016 1099173 2401 Workers' Compensation 15343 15229 19787 636 19836 Subtotal 5635697 6645571 6949501 3285917 7349626 CONTRACTUAL SERVICES 3130 Computer Programmer - 35437 85000 437 - 3190 Other Prof. Services 29450 15820 29000 750 109000 Subtotal 25450 55257 1 09000 15187 1 09000 OTHER CHARGES & SERVICES 4001 Travel & Per Diem 35772 15632 55300 15300 55300 4041 Car Allowance 65000 65000 65000 35000 65000 4101 Communication Services 79408 75079 89200 45237 89500 4650 R &M- Office Equipment 1299526 1085344 1339790 625722 1459440 4701 Printing & Binding 292 305 500 82 500 4851 Web Page Maintenance 25983 95339 75500 844 75500 4852 Email Hosting Services - 55500 185000 85361 195200 4990 Other Current Charges - - 250 - 250 Subtotal 1495981 1385199 1799540 805546 1929690 COMMODITIES 5101 Office Supplies 15595 15522 35000 719 35000 5120 Computer Operating Supplies 175257 135035 155000 25289 155000 5290 Other operating supplies - - 300 - 300 Subtotal 189852 145557 189300 35008 189300 OTHER OPERATING EXPENSES 5410 Subscriptions & Memberships 672 889 25460 15383 25460 5420 Conferences & Seminars 25606 15264 35100 598 35100 5450 Training 59289 45115 89000 - 89000 Subtotal 85567 65268 1 39560 15981 1 39560 Total Information Technology $ 7439547 $ 8285852 $ 9159901 $ 4155639 $ 9699176 2 -48 INFORMATION TECHNOLOGY BUDGET JUSTIFICATIONS 3190 Other Professional Services — Costs associated with utilizing professional services for the City's network infrastructure, security and applications and to enhance the cable TV channel and radio station programming. 4001 Travel & Per Diem — Costs of employees attending conference and seminars in order to stay current in their field. Florida Government Information Systems Association NAGW National Association of Government Webmasters Certified Public Technology Manager Certification Association Florida Government Communicators Association Other conferences, training and seminars 4101 Communication Services — Includes telephone and wireless data access for department personnel. 4650 R &M Office Equipment — Includes maintenance and support of the IBM AS 400 and software and equipment purchased from HTE as well as other major hardware maintenance paid directly to IBM or other vendors. Includes Cisco Networking equipment, security software and application maintenance. 4851 Web Page Maintenance — Costs associated with maintaining and updating the City's Web Page including placement of agenda package on Web and the translation tool subscription. 4852 Email Hosting Services — Costs associated with providing email, virus protection and spam filtering for City staff 5120 Computer Operating Supplies — Includes the cost of minor supplies and software to maintain existing systems and to upgrade to most current versions of software and operating systems. Upgrades for other than Police Operating System Upgrades Minor hardware upgrades Application licenses 5410 Subscriptions & Memberships — This line item is used to professional organizations and subscriptions. Florida Local Government Information Systems Association National Association of Government Webmasters Florida Government Communicators Association Technical resource subscriptions Digital subscription to photo library 2 -49 fund memberships with 5420 Conferences & Seminars — Funding for this purpose is essential in order to keep informed of changing and new developments in the field of local government information technology, communications and personnel as follows: Florida Local Government Information Systems Association Conference National Association of Government Webmaster Conference Florida Government Communicators Association Conference Computer related courses for certification and seminars 5450 Training — Ongoing training for all personnel in the department including classes towards certification. Certification classes (3) at $2,200 Training and seminars 17400 2 -50 PUBLIC SAFETY 2 -51 CITY OF AVENTURA POLICE 2011/12 DEPARTMENT DESCRIPTION To provide a professional, full service, community oriented Police Department. Respond to all calls for service in a timely and professional manner. Ensure that all crimes are thoroughly investigated and those who are arrested are successfully prosecuted. Interact with the community and create partnerships that enhance law enforcement, crime prevention and quality of life issues. OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 1000/2999 Personal Services $ 1251525947 $ 13,096,247 $ 13,573,877 $ 61755,140 $ 14,133,177 3000/3999 Contractual Services 323155 283508 443500 355396 4373500 4000/4999 Other Charges & Services 6023433 6153479 6973000 3435097 6993000 5000/5399 Commodities 4305094 5115705 5355000 297,981 5765542 5400/5499 Other Operating Expenses 525550 485182 485000 34,721 495500 4.0 Wtal Operating Expenses $ 13,270,179 $ 1453005121 $ 1458985377 $ 7,466,335 $ 1558955719 PERSONNEL ALLOCATION SUMMARY Position No. Position Title 2008/09 2009/10 2010/11 2011/12 0901 Police Chief 1.0 1.0 1.0 1.0 2201 -2202 Captains 3.0 2.0 2.0 - 2201 -2202 Majors - - - 2.0 2601 Commander 1.0 1.0 1.0 1.0 3002 Executive Assistant 1.0 1.0 1.0 1.0 1701 -1704 Lieutenants 3.0 4.0 4.0 4.0 2301 -2312 Sergeants 11.0 11.0 11.0 12.0 2101 -2105 Detectives 6.0 7.0 6.0 6.0 2001 -2059 Police Officers 55.0 58.0 58.0 57.0 6201 Crime Prev Coordinator 1.0 1.0 1.0 1.0 3701 Crime Analyst 1.0 1.0 1.0 1.0 Property Room /Crime Scene Supervisor - - - 1.0 3901 Crime Scene Tech II - - 1.0 - 2901 Crime Scene Tech 1 2.0 2.0 1.0 1.0 2801 -2807 Police Service Aides 8.0 6.0 5.0 4.0 4801 Property Room /Crime Scene Tech - - 1.0 1.0 6301 Records Supervisor 1.0 1.0 1.0 1.0 6901 -6903 Records Clerk 3.0 3.0 3.0 3.0 1601 911 Manager 1.0 1.0 1.0 1.0 13001 -13003 Communication Supervisor 3.0 3.0 3.0 3.0 12901 -12902 Communication Officer III 2.0 2.0 2.0 2.0 6701 -6706 Communication Officer II 6.0 6.0 8.0 8.0 2701 -2704 Communication Officer 4.0 4.0 2.0 2.0 8601 -8602 Administrative Asst. III - 2.0 2.0 2.0 8501 -8502 Administrative Asst. II 2.0 2.0 2.0 2.0 3401 -3403 Administrative Asst. 1 2.0 - - - Reet Maintenance Worker - - - 2.0 7501 Fleet Manager /Quartermaster 1.0 1.0 1.0 1.0 8401 Asst. Fleet Manager 1.0 1.0 1.0 - Total 119.0 121.0 120.0 120.0 2 -52 Administrative Services Commander Lieutenant 1 911 Manager 15 Comm. Officers /Supervisors 1 Records Supervisor 2 Records Clerks 1 Data Entry Clerk 1 PSA ! Detective 1 Fleet Mgr /Quartermaster 2 Fleet Maintenance Worker POLICE DEPARTMENT 2011/12 Organization Chart Chief of Police Operations Major 2 Lieutenants 6 Patrol Sergeants 33 Patrol Officers 2 Mall Sergeant 11 Mall Officers 3 PSA's 1 Sergeant Traffic 5 Traffic Officers 1 Marine Patrol 1 School Resource Officers 1 Admin. Assistant 2 -53 Executive Assistant Specialized Services Major Lieutenant 2 Sergeants 6 Detectives 1 CSU Sergeant 5 CSU Officers Crime Scene /Property Supervisor 1 Crime Scene Technicians 2 Admin. Assistant 1 Crime Prevention Specialist 1 Crime Analyst 1 PSA 1 Admin Assistant CITY OF AVENTURA POLICE 2011/12 OBJECTIVES 1. Complete review and revision of Departmental Procedural Directives and Rules & Regulations. Revision will remove redundant files, add an index and update Procedural Directives to General Orders and Standard Operating Procedures. 2. Work towards expanding and improving the current radio system. Outdated equipment will be replaced and a new micro -wave site will be established to improve system coverage. Initiate Pro -Voice digital program for encryption of radio traffic. 3. Continue to work with Miami -Dade Fire Rescue towards completing Phase II of software integration to transfer medically related emergency calls for service to Miami -Dade County Fire Rescue directly into their CAD system. 4. Continue to have the Crime Suppression Unit be proactive toward crime within the city and continue liaisons with various task forces and /or other agencies regarding organized theft and fraud groups. 5. Maintain service levels and enhance the capabilities of the Special Services Division to continue to provide a Detective to handle crimes related to fraud, computers and ID theft. 6. Maintain a partnership with the community through Crime Prevention and Police services. 7. Work with residents, businesses, organizations and associations to solve problems. 8. Participate in community programs and community involvement activities. 9. Conduct community presentations with an emphasis on safety for children and senior citizens. 10. Conduct customer service surveys of residents, businesses and victims of crimes. PERFORMANCE WORKLOAD INDICATORS ACTUAL ACTUAL PROJECTED ESTIMATE 2 -54 2008/09 2009/10 2010/11 2011/12_ Man -hours Assigned to traffic flow Issues 147560 167000 167000 167500 Progress Toward National Re- accreditation 100% 50% 100% 100% Personnel Hired 5 6 4 0 Progress Toward Emergency Management Programs 100% 100% 100% 100% Community Programs 50 43 43 40 Community Presentations 60 55 55 50 Man hours Assigned to School Resources 27410 27400 27400 27400 Calls for Service 327616 317169 317169 317000 Arrests 27469 27283 27283 27300 Accidents 17955 17878 17878 17878 Traffic Citations 207814 207814 237000 227000 Parking Citations Issued 37375 37375 37000 17800 2 -54 Part 1 Crimes Reported 27484 27283 27283 27200 Customer Service Surveys 17000 17000 17000 17000 2 -55 CITY OF "ENTURA PUBLIC SAFETY 2011/12 BUDGETARY ACCOUNT SUMMARY 001 - 2001 -521 PERSONAL SERVICES 1201 Employee Salaries $ 733763221 $ 830183957 $ 832793807 $ 431253144 $ 835273961 1390 Court Time 653376 119,534 100,000 663810 853000 1401 Overtime 5753035 6893572 5503000 4223132 6503000 1410 Holiday Pay 1563574 1623132 1503000 1233881 1503000 1501 Police Incentive Pay 633735 65,720 65,820 363275 673620 2101 FICA 6053922 6603073 6513637 3383782 6703758 2201 Pension 137283365 13724,593 13938,800 7963663 1,994,879 2301 Health, Life & Disability 133463375 134533103 133853702 7383414 135213978 2401 Workers' Compensation 2353344 2023563 4523111 1073039 4643981 Subtotal 1211523947 1330963247 1335733877 637553140 1411333177 CONTRACTUAL SERVICES 3180 Medical Exams 23632 43280 43500 13241 43500 3190 Prof. Services - Traffic Safety Prc - - - - 3933000 3192 Prof. Services 293523 243228 403000 343155 403000 Subtotal 323155 283508 443500 353396 4373500 OTHER CHARGES & SERVICES 4001 Travel & Per Diem 123789 113863 173000 43796 173000 4040 Administrative Expenses 63691 63178 103000 53083 103000 4042 Recruiting & Hiring Expense 600 13228 23000 343 23000 4043 CALEA Accreditation 133394 9,363 7,000 242 73000 4050 Investigative Expense 93704 103310 153000 33424 153000 4101 Communication Services 1003009 91,975 100,000 443489 1003000 4201 Postage 53466 3,930 4,000 13763 43000 4420 Leased Equipment 663181 633583 583000 303051 583000 4440 Copy Machine Costs 33496 5,289 4,000 33174 63000 4610 R &M- Vehicles 1303736 1443311 1503000 483366 1503000 4645 R &M- Equipment 1423590 131,853 195,000 693974 1953000 4650 R &M- Office Equipment 1043846 130,861 130,000 1293818 1303000 4701 Printing & Binding 53931 43735 53000 13574 53000 Subtotal 6021433 615,479 697,000 3433097 6993000 COMMODITIES 5101 Office Supplies 193171 173049 183000 63956 183000 5115 Byrne Grant Match 23840 73542 - 63666 73542 5116 Byrne SRO Grant Match - 11032 - - - 5120 Computer Operating Supplies 113939 73521 303000 33222 253000 5220 Gas & Oil 2233958 273,889 254,000 1713195 3053000 5240 Uniforms 263355 33,362 40,000 103889 403000 5245 Uniform Allowance 673683 683248 603000 703038 703000 5266 Photography 13270 428 3,000 299 13000 5270 Ammunition 213208 483542 503000 43299 503000 5290 Operating Supplies 553670 54,092 80,000 243417 603000 Subtotal 4303094 5111705 535,000 2973981 5763542 OTHER OPERATING EXPENSES 5410 Subscriptions & Memberships 43573 43576 63000 43289 63000 5430 Educational Assistance 33008 4045 5,000 83138 63500 5450 Training 313347 393461 353000 223294 353000 5901 Contingency 133622 - 23000 - 23000 Subtotal 523550 48,182 48,000 343721 493500 Total Public Safety $ 1332703179 $ 1433003121 $ 1438983377 $ 734663335 $ 1538953719 2 -56 PUBLIC SAFETY BUDGET JUSTIFICATIONS 1390 Court Time — This line item is used to fund overtime and standby court time. 1401 Overtime — The expenditures from this account are anticipated and unanticipated manpower hours such as major criminal investigations, natural and manmade disasters, holiday details, homeland security and various dignitary details. 1410 Holiday Pay — This request reflects estimated costs with funding holiday pay for shift employees. 1501 Police Incentive Pay — This is mandated by the State for rewarding sworn personnel who have obtained additional education. 3180 Medical Exams — All police officers are required to have a physical exam prior to employment or as required per departmental policy for specialized units. 3192 Professional Services — Costs associated with outsourcing the administration of off duty details, promotional testing and document imaging. 4001 Travel & Per Diem - Used to pay for travel and other expenses associated with employees on city business. 4040 Administrative Expenses - Expenses not directly tied to a specific function or account. 4042 Recruiting & Hiring Expense — Funds have been allocated to assist the Department with recruitment of personnel and pay for psychological screening. 4043 CALEA Accreditation — Costs associated with the Department becoming nationally accredited with the Commission on Accreditation for Law Enforcement Agencies. 4050 Investigative Expense — Costs associated with the Detectives in Specialized Services and Crime Scene to complete complex criminal investigations. 4101 Communication Services — Costs for mobile phones, cellular lines for data transmission, automated vehicle locator, vehicle GPS, computer system communications and other communication devices. 4420 Leased Equipment — Covers costs for leased equipment, vehicles and motorcycles. 4610 R &M Vehicles — Covers costs associated with the repair and maintenance of department vehicles. Costs include preventative maintenance, damage repair and replacement of worn and /or broken parts not covered under warranty. 2 -57 4645 R &M Equipment — Funds allocated to this account will be used for repair and maintenance of Police Department radios, Reverse R911 system, computers, DDSI, NICE recording equipment, Looking Glass mapping system and other equipment. 4650 R &M Office Equipment — This account covers the cost of the HTE /SCA software maintenance and upgrades. It also covers the maintenance on the IBM printer. 4701 Printing& Binding — This account covers the cost of printing of materials for the police department used in official police or City business. Items in this account include business cards and letterhead. 5240 Uniforms — This account is used for issuing uniforms and accessories worn by both police and civilian personnel of the Police Department. 5245 Uniform Allowance — Each employee required to wear a uniform receives an allowance for uniform maintenance and cleaning. This account is paid out 50% in October and 50% in April each fiscal year. 5266 Photo_graphY — Funds from this account are used to purchase film or related supplies and film developing for crime scene or other department related photos. 5270 Ammunition — Funds from this account pay for duty and training ammo for police officer use. 5290 Operating Supplies — Funds from this account are used for the purchase of supplies and items needed for the daily operation of the police department. 5410 Subscriptions & Memberships — Costs associated with this line item are subscriptions to professional journals, training materials used to update employees on changing laws and procedures within their activity and membership in professional and regional law enforcement organizations. International Association of Chiefs MDCACP Florida Police Chiefs Association FBI National Academy Associates 5430 Educational Assistance — This account is used to reimburse employees up to 75% of the state tuition functions. rate for college courses and /or college degrees that are related to their job 5450 Training — Costs associated with this account are related to maintain state standards and having a highly trained, professional police force. 2 -58 idp m awalk COMMUNITY DEVELOPMENT 7■ � *1 2 -59 CITY OF AVENTURA COMMUNITY DEVELOPMENT 2011/12 DEPARTMENT DESCRIPTION This Department is composed of four divisions: Planning and Zoning, Building, Code Compliance and Local Business Tax Receipts. The Planning and Zoning division is responsible for the City's planning, zoning, development review and economic development functions. The Building Division is responsible for building permitting and inspections. Code Compliance is responsible for City Code enforcement. Local Business Tax Receipts is responsible for the issuance and enforcement of Local Business Tax Receipts. This Department strives to provide efficient and professional "one- stop" customer service at a centralized location. OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 1000/2999 Personal Services $ 6919113 $ 6529427 $ 7089208 $ 3329830 $ 7199172 3000/3999 Contractual Services 191699118 195009284 6809000 6429763 7009000 4000/4999 Other Charges & Services 689487 1029020 629700 319573 629800 5000/5399 Commodities 119416 89580 179500 49011 169000 5400/5499 Other Operating Expenses 59866 49548 89900 394 89900 1.0 Total Operating Expenses $ 199469000 $ 292679859 $ 194779308 $ 190119571 $ 195069872 PERSONNEL ALLOCATION SUMMARY Position No. Position Title 2008/09 2009/10 2010/11 2011/12 1311 Community Development Director 1.0 1.0 1.0 1.0 4201 Building Official (P/T) 1.0 1.0 1.0 1.0 9001 Executive Assistant/Planning Technician 1.0 1.0 1.0 1.0 3601 -3603 Customer Service Rep II 3.0 3.0 3.0 3.0 3202 -3204 Customer Service Rep 1 1.0 1.0 1.0 1.0 8901 Code Compliance Officer II /Zoning Review 1.0 1.0 1.0 1.0 4101 Code Compliance Officer 1.0 1.0 - - 4701 Capital Projects Manager /Code Enforcement Officei - - 0.4 0.4 Tota 1 9.0 9.0 8.4 8.4 2 -60 Community Development Department Building Inspections & Permittina Building Official Contractual Building Review &Inspection Services 2 Customer Service Rep II 1 Customer Service Rep Organization Chart Community Development Director Code Enforcement Business Tax Receipts Code Compliance Officer 11 Capital Projects Coor. /Code Compliance Officer Customer Service Rep/ Compl /Inspect 2 -61 Exec Assistant/ Planning Tech Planning Contractual Planner CITY OF AVENTURA COMMUNITY DEVELOPMENT 2011/12 OBJECTIVES 1. Continue to provide customer - focused technical assistance to the community. 2. Provide staff support for land development and variance applications and requests. 3. Provide staff support for the Building Division to receive and process building permit and contractors' license applications. 4. Provide staff support to ensure efficient issuance and maximize collection of Local Business Tax Receipts. 5. Provide staff support to ensure compliance with City Code by residential and commercial development. 6. Maintain privatized building inspection and review. 7. Maintain an up -to -date listing of existing businesses in the City. 8. Provide building inspections within 24 hours of the request. 9. Complete non - complex building plan review within 10 days. 10. Provide all building, planning, zoning and local business tax receipt applications on the City's website for download. 11. Continue to provide inspection services on the City's website. 12. Provide H.T.E. modules for credit card base for payment in person and by internet. 13. Implement the State approved Water Supply Facilities Element as part of the City's Land Development Regulations 14. Provide software for electronic submission of building permits and plans.. 15. Update procedural manual for all divisions of the department. 16. Update H.T.E. Land Management Parcel records to ensure efficient operation of all divisions of the department. 17. Continue with the records management program for all divisions of the department. PERFORMANCE WORKLOAD INDICATORS 2 -62 ACTUAL ACTUAL PROJECTED ESTIMATE 2008/09 2009/10 2010/11 2011/12 No. of Local Business Tax Receipts Issued 27817 27884 37500 37000 No. of Code Notice of Violations Issued 122 134 200 200 No. of Special Master Hearings 317 631 500 25 No. of Building Permits Issued 37377 47130 37500 37500 No. of Building Inspections Performed 67015 67963 77000 77500 No. of Land Development Petitions Processed 10 7 10 10 No. of Variance Requests Processed 2 2 3 3 No. of Site Plans Reviewed 7 3 8 5 % of Inspections Performed 24 H rs. of Request 99 99 99 99 % of Plan Reviews Conducted Within 10 Days 99 99 98 98 2 -62 CITY OF AVENTURA COMMUNITY DEVELOPMENT 2011/12 BUDGETARY ACCOUNT SUMMARY 001 -4001 -524 OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL N0. CATEGORY RECAP 2008109 2009110 2010111 2010111 2011112 2 -63 PERSONAL SERVICES 1201 Employee Salaries $ 4939539 $ 4879648 $ 5089797 $ 258,876 $ 5169617 1401 Overtime - 464 500 27 500 2101 FICA 379152 369651 389923 189869 399521 2201 Pension 599262 449357 649853 119053 669747 2301 Health, Life & Disability 929375 789355 829848 419147 839715 2401 Workers' Compensation 89785 49952 129287 29858 129072 Subtotal 6919113 6529427 7089208 3329830 7199172 CONTRACTUAL SERVICES 3101 Building Inspection Services 803,057 8985930 4805000 4195125 6505000 3190 Prof. Services 3665061 6015354 2005000 2235638 505000 M Subtotal JP 151695118 155009284 6809000 6425763 7005000 OTHER CHARGES & SERVICES 4001 Travel & Per Diem 33119 33681 43000 19750 43000 4041 Car Allowance 63000 63000 63000 39000 63000 4101 Communication Services 13930 13593 23000 19375 23000 4420 Lease Equipment 23802 23722 13700 19509 23800 4610 R &M - Vehicles 13060 13754 23000 564 23000 4645 R &M - Equipment 529 536 13000 - 13000 4701 Printing 9,998 73732 113000 29451 103000 4730 Records Retention 433049 783002 353000 209924 353000 Subtotal 685487 1025020 625700 315573 625800 COMMODITIES 5101 Office Supplies 55684 35876 75500 15591 75500 5120 Computer Operating Supplies 25096 25066 25500 873 25500 5220 Gas & Oil 35349 25638 45000 15547 45000 5240 Uniforms 287 - 500 - 500 5245 Uniform Allowance - - 15500 - 15500 5290 Other Operating Supplies - - 13500 - - Subtotal . . 11,416 83580 173500 49011 163000 OTHER OPERATING EXPENSES 5410 Subscriptions & Memberships 13628 13798 23500 136 23500 5420 Conferences & Seminars 23698 23270 33400 258 33400 5450 Training 19540 480 23500 - 23500 5901 Contingency - - 500 - 500 Subtotal 55866 45548 85900 394 85900 Total Community Development $ 159465000 $ 252679859 $ 154779308 $ 150115571 $ 155069872 2 -63 COMMUNITY DEVELOPMENT BUDGET JUSTIFICATIONS 3101 Building Inspection Services — Estimated costs associated with private firm to perform building inspection services. 3190 Professional Services — Costs associated with utilizing professional planning consulting services. 4420 Lease Equipment — This budget item is included to cover costs associated with leasing a copier. 4730 Records Retention — Estimated costs for imaging building permit records. 5240 Uniforms — This includes uniform maintenance and work shoes for the Code Compliance Officers. 5410 Subscriptions & Memberships — This line item is used to fund memberships with professional organizations and subscriptions. American Planning Association Florida Planning Association American Institute of Certified Planners Florida Association of Code Enforcement Building Officials Association Miscellaneous subscriptions Florida Association of Business Tax Officials 5420 Conferences & Seminars — Funding for this purpose is essential in order to keep informed of changing and new developments in the field of planning, economic development and code enforcement. 2 -64 a �'oom m OWN d rfto m �-' = MEN I4, 'w air m r10� 1211111 ill, to ■0 a No COMMUNITY SERVICES 2 -65 CITY OF AVENTURA COMMUNITY SERVICES 2011/12 DEPARTMENT DESCRIPTION This department is responsible for the maintenance of roads, public areas and facilities, beautification projects, community recreation and cultural activities, special events programming, implementation of mass transit programs and park development. The department is organized to provide a wide scope of public works operations, transportation services, cultural and recreation programs and special events on a quality basis. OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 1000/2999 Personal Services $ 152769780 $ 192935467 $ 153899712 $ 5995547 $ 193445404 3000/3999 Contractual Services 156619135 196455086 159179000 5435380 194755000 4000/4999 Other Charges & Services 152415068 151705545 152165700 4515186 151965200 5000/5399 Commodities 229625 225129 319000 115272 305500 5400/5499 Other Operating Expenses 129550 75615 309500 75389 235000 Total Operating Expenses $ 452145158 $ 451385842 $ 455845912 $ 156125774 $ 450695104 PERSONNEL ALLOCATION SUMMARY Position Ni Position Title 2008/09 2009/10 2010/11 2011/12 5001 Director of Community Services 1.0 1.0 1.0 1.0 5101 Public Works Operations Manager 1.0 1.0 1.0 1.0 3004 Executive Assistant 1.0 1.0 1.0 1.0 5301 Engineer Tech /CAD Operator 1.0 1.0 1.0 1.0 7701 Facilities Manager 1.0 1.0 1.0 1.0 5401 Maintenance Worker 1.0 1.0 1.0 1.0 7201 Security Guard /Info Officer 1.0 1.0 1.0 1.0 5201 Parks and Recreation Services Supt. 1.0 1.0 1.0 - 4901 -4902 Parks and Recreation Manager - - - 2.0 1901 -1902 Parks and Recreation Supervisor - - - 2.0 1021 Community Rec Center Manager 1.0 1.0 1.0 - 1051 CRC Assistant Manager /Special Events Coordinator 1.0 1.0 1.0 - 1041 Community Rec Center Supervisor 1.0 1.0 1.0 1.0 1011 Parks and Recreation Activities Manager 1.0 1.0 1.0 - 5801 -5803 Park Attendant (F/T) 4.0 4.0 4.0 3.0 5701 -5714 Park Attendant (P/T) 12.0 12.0 12.0 12.0 Total Full Time 16.0 16.0 16.0 15.0 Total Part time 12.0 12.0 12.0 12.0 2 -66 Community Services Department Organization Chart Director of Community Services Executive Assistant Public Works Contractual Contractual Parks & Parks & Contractual (Operations Manager Landscape Recreation Recreation Shuttle Bus Consulting P Manager Manager Operator Contractual Parks & Parks & Contractual Recreation Eng. Contractual Facilities Recreation Recreation Recreation Programming Tech /CADD Landscape Maint. Manager Supervisor Supervisor Contractual Contractual Park Park Maintenance CRC Supervisor Park Attendant Maintenance EMaintenance FT (3) Maintenance Security /Information Park Attendant Park Attendant Contractual Worker Officer PT (3) PT 9 Tennis Pro • Public Works • GIS /Mapping • Public Works Permitting • ROW /Streets/ Stormwater Drainage Maintenance • Landscape Maintenance /Beautification • Engineering • City Buildings & Facilities Maintenance Total: 15 Full Time Employees 12 Part time Employees 2 -67 • Community Recreation Center • Founders Park • Founders Park SplashPad • Veterans Park • Waterways Park • Waterways Dog Park • Camps /Teacher Planning Days • Special Events: Arbor Day, Senior Prom, Halloween, Founders Day, Veterans Day • Recreation Programs & Activities • Athletic Leagues • Park /Athletic Field Maintenance • Special Event Permitting • Founders Day CITY OF AVENTURA COMMUNITY SERVICES 2011/12 OBJECTIVES 1. Provide accurate and quick responses to resident complaints and concerns. 2. Work with Community Services Advisory Board to provide quality programs and services. 3. Implement approved operating and C I P Budget. 4. Continue Tree City USA Status. 5. Conform to NPDES stormwater standards. 6. Expand ridership and improve customer service on City -wide shuttle bus service. 7. Increase Community Recreation Center attendance. 8. Increase youth athletic leagues participation. 9. Expand GO GREEN /recycling program. PERFORMANCE WORKLOAD INDICATORS ACTUAL ACTUAL PROJECTED ESTIMATE 2011 -12 Youth Sports Calendar 2008/09 2009/10 2010/11 2011/12 Resident complaints & concerns cleared 72 84 96 100 Advisory Board Meetings attended 5 4 5 5 C I P projects completed 4 4 4 3 Tree City re- certification 1 1 1 1 Stormwater basins /systems cleaned for compliance 45 50 60 65 Shuttle bus ridership 2087763 2417273 2567000 2627000 Community Recreation Center attendance 577921 737626 807000 857000 Number of participants registered in youth sports 742 639 725 765 Number of public outreach programs & special events 2 6 8 8 2011 -12 Youth Sports Calendar Sport Season Flag Football Sept - Oct Basketball Nov - Dec Boys Soccer Jan- March Girls Soccer Nov- March Little League Baseball March- May Little League T -Ball March- May Little League Softball March - May CITY OF AVENT URA COMMUNITY SERVICES 2011/12 BUDGETARY ACCOUNT SUMMARY 001 - 5001 -539 OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/121 PERSONAL SERVICES 1201 Employee Salaries $ 9169692 9615761 $ 9995072 $ 4713379 $ 9655419 1401 Overtime 5,427 6,301 85000 35265 8,000 2101 FICA 68,334 71,662 76,429 345651 73,855 2201 Pension 1153267 835951 1265234 93107 1205686 2301 Health, Life & Disability 1415128 145,834 152,802 695132 154,215 2401 Workers' Compensation 295932 235958 275175 123013 225229 803000 Subtotal 1W E 132763780 152935467 153895712 5993547 153445404 123500 CONTRACTUAL SERVICES 463443 733000 233527 753000 13512 3113 Prof. Services - Comm. Cen. Inst. 893108 955672 775000 873578 805000 3150 Prof. Services - Landscape Arch. 20,711 36,817 18,000 95230 20,000 3450 Lands/Tree Maint. Svcs - Streets 9105132 8705013 150855000 2073670 7405000 3451 Beautification /Signage 625704 50,235 67,000 225607 70,000 3452 Lands/Tree Maint. Svcs - Parks 246,757 250,599 325,000 705512 220,000 3455 Transportation Services 3313723 3415750 3455000 1453783 3455000 K Subtotal 136613135 136453086 139173000 5433380 134753000 OTHER CHARGES & SERVICES 4001 Travel & Per Diem 4041 Car Allowance 4101 Communication Services 4301 Utilities - Electric 4311 Utilities - Street Lighting 4320 Utilities - Water 4420 Lease 4610 R &M - Vehicles 4620 R &M - Buildings 4645 R &M - Equipment 4672 R &M - Parks 4691 R &M - Streets 4701 Printing & Binding 4850 Special Events 4851 Cultural /Recreation Programs 4852 Founders Day Activities 4854 Summer Recreation 53200 Subtotal 5101 Office Supplies 5120 Computer Operating Supplies 5220 Gas & Oil 5240 Uniforms 5290 Other Operating Supplies 93685 ff S u btota 73500 OTHER OPERATING EXPENSES 5410 Subscriptions & Memberships 5420 Conferences & Seminars 5450 Training 5901 Contingency 2103000 Subtotal 2183000 Total Community Services 23187 13783 23500 607 23500 - 93565 63000 33000 63000 93685 713245 73500 33307 73000 803014 - 623500 213319 503000 2203036 2173131 2103000 823953 2183000 2433228 1833983 2203000 993750 2003000 53284 43104 53200 23453 53200 23292 23080 23000 349 13500 773232 733243 803000 383001 823500 73324 73607 103000 53826 123500 533655 463443 733000 233527 753000 13512 23752 123500 43391 123500 113791 53614 123000 23926 73000 423865 453947 463000 113720 463500 1243122 1 393110 1 073500 903134 1103000 563671 493838 603000 583958 603000 3033170 3103100 3003000 13965 300,000 132413068 131703545 132163700 4513186 1,196,200 43180 33927 63000 23171 63000 63890 63416 83500 23979 83500 63515 63300 53000 23581 53250 43557 53370 83000 33529 73250 483 116 33500 12 33500 223625 223129 313000 113272 303500 33379 904 23500 13989 23500 670 577 33000 719 33000 53690 53704 103000 43426 103000 23811 430 153000 255 73500 123550 73615 303500 73389 233000 $ 432143158 $ 431383842 $ 435843912 $ 136123774 $ 430693104 2 -69 COMMUNITY SERVICES BUDGET JUSTIFICATIONS 3150 Professional Services Landscape Architect — Provides funding for professional landscape architect consulting services to assist the Department with landscaping projects; inspections; coordination with landscape contractor; and other projects as assigned. 3450 Landscape /Tree Maintenance Services Streets — Provides for costs associated with contracting tree, landscape, irrigation and flower maintenance services for all public right -of- ways and medians. 3451 Beautification /Signage — Establishes funding for banners, directional, informational, and illuminated street and replacement signs. Funding request includes maintenance of street furniture; water fountains, bollards, decorative streetlights, bus shelters, benches and trash cans. Funds costs associated with the FEC Lease for landscaping. 3452 Landscape /Tree Maintenance Services - Parks — Provides funding for contracting maintenance services for Founders Park, Waterways and Veterans Park. Services including: grounds maintenance, tree maintenance and athletic field maintenance. 3455 Transportation Services — Funding level includes providing five mini -bus public transit routes six days per week on a contractual basis, including the printing costs for rout schedules. Transit system links the residential areas to community, retail and medical establishments, as well as Miami -Dade and Broward County routes. 4311 Utilities Street Lighting — Provides funding for services associated with street lighting in various areas of the City. 4320 Utilities Water — Provides funding for purchasing water for irrigating the medians, swales and right of ways in the City. 4620 R &M Buildings — Provides for funding the necessary building maintenance services to the Community Recreation Center the two small buildings at Founders Park, and the Waterways Park Building for the following services: air conditioning maintenance contract, pest control, fire alarm system monitoring and maintenance, roof inspections, plumbing and electrical repairs, janitorial services for the CRC, security system monitoring and maintenance and annual gymnasium floor maintenance. 4672 R &M Parks — Provides funding for repair and maintenance of park amenities and equipment. 4691 R &M Streets — Provides funding for services utilized in the maintenance of streets, sidewalks and drainage. 4850 Special Events — This figure represents funding for events related to community wide, annual events to enhance civic pride and improve the quality of life for the residents: Halloween Harvest, Veterans Day, Arbor Day, Senior Prom and July 4t" fireworks. 2 -70 4851 Cultural /Recreation Programs — Provides for costs associated with senior recreation programming for trips to local venues, performing arts and classical music. This line item also funds recreation programs, youth athletics and the costs to conduct background checks for all volunteers. All costs are offset by registration fees. 4852 Founders Day Activities — Provides for funding for activities, games and entertainment for Founders Day activities from 12 noon - 5 PM. 5410 Subscriptions & Memberships — Provides for funding memberships in the American Public Works Association and the Florida and National Recreation and Parks Association for staff. 5420 Conferences & Seminars conferences: American Public Association, National Recreation local seminars. — Provides for funding for attending the following Works Association, Florida Recreation and Parks and Parks Association, customer service training, and 2 -71 a i�r � r iii ii i ■�i ii � jMl I >� ARTS CULTURAL CENTER 2 -72 CITY OF AVENTURA ARTS &CULTURAL CENTER 2011/12 DEPARTMENT DESCRIPTION This department is responsible for the operations and programming of the Arts and Cultural Center. The goal is to provide a facility that offers a wide range of quality entertainment and cultivates partnerships with other local and regional organizations to enhance the quality of life for the City by providing a variety of performing arts and relevant cultural programming for audiences of all ages. OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 1000/2999 Personal Services 3000/3999 Contractual Services 4000/4999 Other Charges & Services 5000/5399 Commodities 5400/5499 Other Operating Expenses Event Manager Total Operating Expenses 1543320 3273254 130 54,150 29 5,813 - 1,770 4833175 2323607 5033653 1419500 463738 1439400 153000 33682 93000 459200 - 179200 $ 1543479 $ 3883987 $ 6843875 $ 2833027 $ 6733253 PACA Contractual Employees 2008/09 2009/10 2010/11 2011/12 General Manager N/A 12 months 1.0 1.0 Event Manager N/A 2 months 1.0 1.0 Technical Manager N/A 6 months 1.0 1.0 Box Office Manager N/A 2 months 1.0 1.0 Marketing Coordinator N/A N/A 0.3 0.3 P/T Labor N/A N/A 0.3 0.3 2 -73 Arts &Cultural Center Department Organization Chart City Commission AACC Advisory Board Performing Arts Center Authorit General Manager 2-74 CITY OF AVENTURA ARTS &CULTURAL CENTER 2011/12 OBJECTIVES 1. To provide artistic offerings to our increasingly diverse community with an emphasis on fostering a cooperative spirit and enhancing the quality of life in Aventura. 2. Create a performing arts facility that is welcoming and inclusive of the public at large by maintaining an aesthetically pleasing and professional facility. 3. Attract and secure financial support through grants and other fundraising opportunities. 4. Enhance the learning experiences of students at Aventura City of Excellence Charter School by expanding performing arts activities and educational opportunities. 5. To increase general public awareness of the value of the cultural and educational programs available. PERFORMANCE WORKLOAD INDICATORS Advisory Board Meetings attended Number of performances /events Number of promotional material produced Summer Camp % of patrons who respond favorably to AACC 2 -75 ACTUAL ACTUAL PROJECTED ESTIMATE 2008/09 2009/10 2010/11 2011/12 4 8 4 4 N/A N/A 138 140 1 7 40 40 N/A N/A 1 1 N/A N/A 70% 70% CITY OF AVENTURA ARTS &CULTURAL CENTER 2011112 BUDGETARY ACCOUNT SUMMARY 001 - 7001 -575 OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008109 2009110 2010111 2010111 2011112 2 -76 PERSONAL SERVICES 1201 Employee Salaries - 1401 Overtime - - - - - 2101 FICA - - - - - 2201 Pension - - - - - 2301 Health, Life & Disability - - - - - 2401 Workers' Compensation - - - - - S u btota I I - - - - - CONTRACTUAL SERVICES 3112 Prof. Services - Management Servii 1549320 1879740 144,000 599924 1449000 3114 Prof. Services - Man Services /Staff - 1235613 2695375 1435168 2825053 3115 Prof. Services - Man Services /Marl - 109725 199800 89597 219600 3190 Prof. Services - Programming - 15795 35,000 85866 405000 3410 Prof. Services - Janitorial Services - 35381 155000 125052 165000 Subtotal 154,320 3279254 4839175 2329607 5039653 OTHER CHARGES & SERVICES 4001 Travel & Per Diem 130 19709 49000 - 29000 4101 Communication Services - 987 31000 951 25000 4201 Postage - 55896 105000 - 65000 4301 Utilities - 319797 339000 229566 419000 4440 Copy Machine Costs - 709 25000 15256 25400 4620 R &M - Buildings - 907 55000 35121 55000 4645 R &M - Equipment - 898 59000 19464 59000 4701 Printing & Binding - 25437 255000 25585 255000 4850 Special Events - 65047 105000 65698 105000 4851 Web Page Maintenance - 29763 29500 - 29500 4910 Advertising - - 405000 85097 425000 4920 Licenses /Permit Fees - - 29000 - 500 Subtotal 130 549150 1419500 469738 1439400 COMMODITIES 5101 Office Supplies 29 19021 29000 19084 29000 5120 Computer Operating Supplies - 25085 35000 15271 35000 5290 Other Operating Supplies - 29707 109000 19327 49000 Subtotal I w 29 59813 159000 39682 99000 OTHER OPERATING EXPENSES 5410 Subscriptions & Memberships - - 15200 - 15200 5420 Conferences & Seminars - 15770 15000 - - 5430 Reserve for Programming - - 409000 - 159000 5901 Contingency - - 35000 - 15000 rSubtotalP - 15770 455200 - 175200 Total Arts & Cultural Center $ 154,479 $ 3889987 $ 6849875 $ 2839027 $ 6739253 2 -76 ARTS & CULTURAL CENTER BUDGET JUSTIFICATIONS 3112 Professional Services- Management Services — Payment for services provided in conjunction with the Agreement with Performing Arts Center Authority for management, programming and operational support services. 3114 Professional Services- Management Services /Staffing — Reimbursement to Performing Arts Center Authority in accordance with agreement for staff personnel costs. 3115 Professional Services — Management Services Marketing — Payment for marketing and public relation services. 3190 Professional Services Programming — This line item is used to fund "City Presents" performances in order to attract a variety of programming. 3410 Professional Services Janitorial Services — Costs for cleaning the AACC facility. 4101 Communication Services — Costs associated with telephone service and other communication type services. 4301 Utilities — Costs associated with electricity, water, sewer and refuse service for the AACC. 4620 R &M Building — Costs of maintaining service contracts for mechanical systems within the AACC. 4645 R &M Equipment — Costs of maintaining service contracts on all equipment located at the AACC. 4910 Advertising — Costs associated with promoting events at the AACC. 5430 Reserve for Programming — This account was established to accumulate funds derived from fund raising programs such as from the sale of bricks and honor roll plaques to fund future performing arts events. 2 -77 mp I IN BMW NON DEPARTMENTAL 2 -78 CITY OF AVENTURA A NON - DEPARTMENTAL - TRANSFERS 2011/12 BUDGETARY ACCOUNT SUMMARY 001 - 9001 -581 9118 9123 9124 9125 9170 TRANSFERS 1003000 Transfer to Charter School Fund $ 100,000 Transfer to Debt Service Fund - 2010/11 1,345,341 Transfer to Debt Service Fund - 2000 490,669 Transfer to Debt Service Fund - 2002 400,577 Transfer to Cultural Center Con. Fund 230003000 Total Non - Departmental - Transfers $ 433363587 $ 100,000 $ - $ 11867,459 11349,462 628,705 508,363 404120 403,709 656,185 - 503000 $ 1003000 336,928 132073734 254182 5083465 201,855 4043780 336563469 $ 21261,534 $ 842,965 $ 232203979 NON - DEPARTMENTAL - TRANSFERS BUDGET JUSTIFICATIONS 9118 Transfer to Charter School Fund — Represents transfer of amount from the Intersection Safety Camera Program revenues to the Charter School Fund. 9123 Transfer to Debt Service Fund — Transfer to 2011 & 2011 Loan Debt Service Fund for required interest and principal on that Loan. 9124 Transfer to 2000 Loan Debt Service Fund — Transfer to 2000 Loan Debt Service Fund for required interest and principal on that Loan. 9125 Transfer to 2002 Loan Debt Service Fund — Transfer to 2002 Loan Debt Service Fund for required interest and principal on that Loan. 2 -79 CITY OF AVENTURA NON - DEPARTMENTAL 2011/12 BUDGETARY ACCOUNT SUMMARY 001- 9001 -590 OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010111 2011112 2 -80 PERSONAL SERVICES 2501 Unemploment $ - $ - $ - $ - $ 159000 Subtotal - - - - 159000 CONTRACTUAL SERVICES 3410 Prof. Services - Janitorial $ 629100 $ 629400 $ 629000 $ 209800 $ 629000 Subtotal 629100 629400 629000 209800 629000 OTHER CHARGES & SERVICES 4101 Communication Services 1109615 1059173 1189000 479978 1059000 4201 Postage 219465 149311 229000 49886 259000 4301 Utilities 3079603 2269115 2759000 819378 2609000 4440 Copy Machine Costs 89304 139059 159000 69099 159000 4501 Insurance 9109822 6799190 9369000 3299509 9369000 4620 R &M - Government Center 789584 1029845 1459000 549715 1249000 4650 R &M - Office Equipment 615 19230 29000 - 29000 Subtotal 194389008 191419923 195139000 5249565 194679000 COMMODITIES 5290 Other Operating Supplies 119841 109073 109000 69347 109000 Subtotal 119841 109073 109000 69347 109000 OTHER OPERATING EXPENSES 5901 Contingency 609567 239900 509000 29251 509000 5904 Hurricane /Storm Exp - - - - - ESubtotal 'n 609567 239900 509000 29251 509000 Total Non - Departmental $ 195729516 $ 192389296 $ 196359000 $ 5539963 $ 196049000 2 -80 NON - DEPARTMENTAL BUDGET JUSTIFICATIONS 2501 Unemployment- Unemployment costs. 3410 Professional Services - Janitorial Services — Costs for Government Center. 4101 Communication Services — Costs associated with telephone service, internet access, web pages, and other communication type services for Government Center. Includes I ntertel maintenance and Wireless data service. 4301 Utilities — Costs associated with electricity, water, sewer and refuse service for the Government Center. 4501 Insurance — Liability and property insurance coverage for all City -owned or leased facilities and equipment and all employees and officers. 4620 R &M Government Center — Costs of maintaining service contracts for mechanical systems within the Government Center. 4650 R &M Office Equipment — Costs of maintaining service contracts on all office equipment located at the Government Center. 2 -81 Id: 2 -82 i r CAPITAL OUTLAY CITY OF AVENTURA CAPITAL OUTLAY 2011/12 PROJECT APPROPRIATION 001 -80XX City Manager's Office - 05 -512 6402 Computer Equipment <$5,000 $ 23452 $ 11896 $ 23000 $ - $ 43000 Subtotal E� 25452 12896 25000 - 45000 City Clerk - 08 -519 6402 Computer Equipment <$5,000 13589 872 - - - Subtotal 13589 872 - - - Finance -10 -513 6401 Computer Equipment >$5,000 15266 - - - - 6402 Computer Equipment <$5,000 13813 15918 63000 - 23000 6410 Equipment - - - - - Subtotal 35079 1,918 65000 - 25000 Information Technology. -12 -513 6401 Computer Equipment >$5,000 353081 1545198 3283000 75690 1053000 6402 Computer Equipment <$5,000 845 115077 63000 - 63000 6410 Equipment >$5,000 - 305550 - - - Subtotal 35,926 195,825 3345000 7,690 1115000 Public Safety - 20- 521 6303 Safety Improvements 123220 - - - - 6401 Computer Equipment >$5,000 103481 55836 103000 - - 6402 Computer Equipment <$5,000 1015057 91,822 2405000 9,174 1105000 6405 E911 Equipment 115722 - 405000 - 155000 6407 Radio Purchase & Replace. 1795346 115,748 321,764 3,638 6885000 6408 Secure Out Schools Grant - 241237 - - - 6410 Equipment >$5,000 705010 129,496 150,000 77,434 120,000 6411 Equipment <$5,000 135270 19,036 405214 14,327 215500 6413 State 911 Grant 305270 14,709 - - - 6414 Police Dept Offices Improve - 17,750 - - 6450 Vehicles 297,453 412,320 409,934 3521412 430,000 U Subtotal 7255829 830,954 1,211,912 4565985 11384,500 Community Development - 40 -524 6401 Computer Equipment >$5,000 - - 445000 - - 6402 Computer Equipment <$5,000 23693 25930 33000 - 33500 6411 Equipment <$5,000 - - - - - 6450 Vehicles - 13,950 - - - WSubtotal 25693 16,880 475000 - 35500 Community Services - 50-539/541/572 6205 Government Center Improvements - 3315913 1573287 1265727 - 6402 Computer Equipment <$5,000 145410 12,631 195177 2,185 225400 6410 Equipment >$5,000 555360 46,736 335500 10,720 145000 6411 Equipment <$5,000 - 5,872 35500 2,524 25500 6301 Beautification Projects 895739 7,795 75800 7,800 75800 6307 Street Lighting Improv. - - - - 3005000 6310 Entrance Monument Sign - - 505000 - - 6341 Transportation System Improve. 2205544 827,237 2855000 - - 6205 Community Center 45488 - - - - 6310 Aventura Founders Park - - 4915600 487,640 74,000 6322 Waterways Park Improvements 235055 - - - - Subtotal 0 4075596 1,232,184 1,047,864 8495542 420,700 Arts & Cultural Center - 70 -575 6301 Improve. Other Than Bldg /Marquee - 1573315 125,000 209 - 6410 Equipment >$5,000 - 4205057 110,965 705958 - Subtotal] - 5775372 235,965 715167 - Non - Departmental - 90 -590 6208 Building \Equipment 383280 - - - - Gov't Center Garage Expansion - - - - 1755000 6999 Capital Reserve - 12,436 15,193,488 21,569 1551935488 Subtotal 383280 123436 1551935488 213569 1533683488 Total Capital $ 132173444 $ 238703337 $ 1850785229 $ 134063953 $ 1732943188 2 -84 CAPITAL PROJECT DESCRIPTIONS OFFICE OF THE CITY MANAGER 6402 Computer Equipment <$5,000 —This project consists of upgrading and replacing computer equipment. FINANCE 6402 Computer Equipment <$5,000 —This project consists of upgrading and replacing computer equipment. INFORMATION TECHNOL OG Y 6401 Computer Equipment >$5,000 — This project consists of expanding and upgrading the City's general information systems, which is used by all City Departments. 6402 Computer Equipment <$5,000 —This project consists of upgrading and replacing computer equipment. PUBLIC SAFETY 6402 Computer Equipment <$5,000 — This project consists of purchasing computer equipment and software that utilizes the latest technology for the Police Department. The primary system consisting of CAD dispatch, records management and mobile laptop computer capabilities will requires expansion during the year to accommodate growth and required upgrades. Replace 25 Mobile Laptops 507000 Vehicle Modems 67000 Replace 2 Servers 107000 10 Vehicle Printers 107000 20 Desktop Computers 247000 Upgrades 107000 6405 E911 Equipment —This project consists of upgrades to the E911 system to accommodate the communication needs of the Police Department at a cost of $15,000. 6407 Radio Purchase & Replacement — This project consists of purchasing 108 mobile and 8 desktop radios and upgrades to the 800 MHz to accommodate the communication needs of the Police Department. 6410 Equipment >$5,000 —This project consists of purchasing equipment for the Police Department as follows: 10 Vehicle Equipment $72,000 Replace 1 Message Board 117000 Prisoner Vehicle Equipment 207000 K -9 Vehicle Equipment 77000 Crime Scene Ventilation System 57000 RFID Expansion 57000 6410 Equipment <$5,000 — This project consists of purchasing equipment for the Police Department as follows: Replace 10 Ballistic Vests $8,500 Replace Dive team Equipment 27000 2 -85 Replace 2 Bikes 27000 7 Tasers 77800 Portable Generator 17200 6450 Vehicles — This project consists of purchasing police vehicles to accommodate the vehicle replacement program in the Police Department. Replace 11 Patrol Vehicles, Prisoner Van, Fleet Truck and K -9 Vehicle. COMMUNITY DEVELOPMENT 6402 Computer Equipment <$5,000 — This project consists of upgrading and replacing computer equipment. COMMUNITY SERVICES 6402 Computer Equipment <$5,000 — This project consists of upgrading and replacing computer equipment. 6410 Equipment >$5,000 — This project consists of purchasing 1 service cart and replacing 2 Exercise Bikes. 6411 Equipment <$5,000 — This project consists of replacing a Recumbent Bike at the Community Recreation Center. 6301 Beautification Projects — This program consists of replacing trash cans. 6307 Street Lighting Improvements — Provides partial funding in conjunction with the Street Transportation Fund to fund phase 2 of upgrading the street lighting along the eastside of Biscayne Boulevard. 6310 Aventura Founders Park Improvements — This project consists of replacing exercise equipment, pour in place surfacing and shade covers for bleachers. NON - DEPARTMENTAL Government Center Parking Expansion - This project consists of adding a second level to the parking area adjacent to the Government Center to provide higher ground for police vehicles and accommodate additional parking. 2 -86 a k +* mom 6R, ■*han = owra i�■ Bpi POLICE EDUCATION FUND 2 -87 CITY OF AVENTURA POLICE EDUCATION FUND 110 CATEGORY SUMMARY 2011/12 FUND DESCRIPTION This Fund is used to account for revenues and expenditures associated with the two dollars ($2.00) the City receives from each paid traffic citation, which, by State Statute, must be used to further the education of the City's Police Officers. REVENUE PROJECTIONS OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 310000/319999 Locally Levied Taxes $ - $ - $ - $ - $ - 320000/329999 Licenses & Permits - - - - - 330000/339999 Intergovernmental Revenues - - - - - 340000/349999 Charges for Services - - - - - 350000/359999 Fines & Forfeitures 89023 79560 79000 39212 79000 360000/369999 Miscellaneous Revenues 83 74 - 4 - 380000/389999 Transfer from Funds - - - - - 399900/399999 Fund Balance - 139733 119310 119310 49000 - $ 9 ota I Available $ 89106 $ 219367 $ 189310 $ 149526 $ 119000 $ - 3000/3999 EXPENDITURES - OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 1000/2999 Personal Services $ - $ - $ - $ - $ - 3000/3999 Contractual Services - - - - - 4000/4999 Other Charges & Services - - - - - 5000/5399 Commodities - - - - - 5400/5999 Other Operating Expenses 59061 109057 189310 79085 119000 Wotal Operating Expenses 59061 109057 189310 79085 119000 6000/6999 Capital Outlay - - - - - Total Expenditures $ 59061 $ 109057 $ 189310 $ 79085 $ 119000 CITY OF AVENTURA POLICE EDUCATION FUND 110 2011/12 REVENUE PROJECTIONS OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/121 Fines & Forfeitures 3511000 Fines $ 89023 $ 79560 $ 79000 $ 39212 $ 79000 Subtotal 89023 79560 79000 39212 79000 Miscellaneous Revenues 3611000 Interest 83 74 - 4 - Subtotal 83 74 - 4 - Fund Balance 3999000 Carryover - 139733 119310 119310 49000 Subtotal - 139733 119310 119310 49000 Total Revenues $ 89106 $ 219367 $ 189310 $ 149526 $ 119000 EXPENDITURES 2001 -521 OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/121 OTHER OPERATING EXPENSES Public Safety 5450 Training $ 59061 $ 109057 $ 189310 $ 79085 $ 119000 Total Expenditures $ 59061 $ 109057 $ 189310 $ 79085 $ 119000 REVENUE PROJECTION RATIONALE 3511000 Fines — Two dollars ($2.00) is received from each paid traffic citation issued within the City's corporate limits, which, by law, must be used to further the education of the City's Police Officers. 2 -89 a ago I r *�■� mind I� lid TRANSPORTATION AND STREET MAINTENANCE FUND 2 -90 CITY OF AVENTURA TRANSPORTATION AND STREET MAINTENANCE FUND 120 CATEGORY SUMMARY 2011/12 FUND DESCRIPTION This fund was established to account for restricted revenues and expenditures which by State Statute and County Transit System Surtax Ordinance are designated for transportation enhancements, street maintenance and construction costs. REVENUE PROJ ECTIONS OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 310000/319999 Locally Levied Taxes $ - $ - $ - $ - $ - 320000/329999 Licenses & Permits - - - - - 330000/339999 Intergovernmental Revenues 1,558,451 1,4705944 1,480,000 495,137 15511,650 340000/349999 Charges for Services - - - - - 350000/359999 Fines & Forfeitures - - - - - 360000/369999 Miscellaneous Revenues 493 44 - 66 500 380000/389999 Transfer from Funds - - - - - 399900/399999 Fund Balance - 635606 2,968 2,968 130,000 =Available $ 155585944 $ 1,5345594 $ 1,482,968 $ 498,171 $ 15642,150 EXPENDITURES OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 1000/2999 Personal Services $ - $ - $ - $ - $ - 3000/3999 Contractual Services 1,094,391 1,0775116 9755000 386,767 775,000 4000/4999 Other Charges & Services - - - - - 5000/5399 Commodities - - - - - 5400/5999 Other Operating Expenses - - - - - Total Operating Expenses 150945391 1,0775116 9755000 386,767 775,000 6000/6999 Capital Outlay 2421736 4545510 5073968 117,940 8675150 9000/9999 Transfers - - - - - Total Expenditures $ 153375127 $ 1,5315626 $ 1,482,968 $ 504,707 $ 15642,150 2 -91 CITY OF AVENT URA TRANSPORTATION AND STREET MAINTENANCE FUND 120 2011/12 REVENUE PROJECTIONS OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 Intergovernmental Revenues 3343903 Miami Gardens Drive Conn $ 919188 $ - $ - $ - $ - 3351200 State Revenue Sharing 1429514 1429226 1509000 689308 1559250 3353001 Local Option Cap. Impr. Gas Tax 1119797 1179222 1259000 559121 1259000 3353010 Local Option Gas Tax 3229544 3069926 3259000 1389987 3259000 3383801 County Transit System Surtax 8909408 9049570 8809000 2329721 9069400 IV Subtotal a JW 195589451 194709944 194809000 4959137 195119650 Miscellaneous Revenues 3611000 Interest 493 44 - 66 500 3632000 Transportation Mitigation Impact F - - - - - 3661000 Developer Contributions /Streets - - - - - Subtotal 493 44 - 66 500 Fund Balance 3999000 Carryover - 639606 29968 29968 1309000 Subtotal mmqu - 639606 29968 29968 1309000 Total Revenues $ 195589944 $ 195349594 $ 194829968 $ 4989171 $ 1,642,150 EXPENDITURES 5001 -541 OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 CONTRACTUAL SERVICES Community Services - 50 -541 3450 Landscape /Tree Maint/Streets $ 7119622 $ 7289494 $ 6009000 $ 2479884 $ 4009000 3455 Enhanced Transit Services 3829769 3489622 3759000 1389883 3759000 Subtotal 190949391 190779116 9759000 3869767 7759000 CAPITAL OUTLAY Community Services - 50 -541 6305 Road Resurfacing 2429736 4489112 5059000 1129940 6089000 6307 Street Lighting Improv. - - - - 2009000 6341 Transportation System Improv. - 69398 - 59000 - 6999 Capital Reserve - - 29968 - 599150 Subtotal 2429736 4549510 5079968 1179940 8679150 Total Expenditures $ 193379127 $ 195319626 $ 194829968 $ 5049707 $ 1,642,150 2 -92 REVENUE PROJECTION RATIONALE 3351200 State Revenue Sharing — Revenue received in this category represents a portion of the total State Revenue Sharing Funds. Their source is the motor fuel tax and is restricted to road construction and maintenance. Based on information from the State, it is anticipated that $155,250 will be received in the upcoming fiscal year. 41 t�7,C][l�l $140,0010 $1<20,uuu $100,0010 WSW %11' ai❑ �rl ❑jull 520,COO 5 State Revenue Sharing )(Im /lI.L, )(Ai r )(M *Vt KI )(rn tv11 3353001/3010 Local Option Gas Tax — The County has adopted two phases of the local option gas tax. The first phase is six cents per gallon on fuel and is collected by the State's Department of Revenue and remitted monthly based on a formula which provides a weight of 75% to population and 25% to center line mileage in each city. These funds must be used for transportation related expenditures. The second phase must be used for transportation expenditures needed to meet the requirements of the capital improvements elements of an adopted comprehensive plan. Lora I Option Gas Tax lu'ouu $M :2U.0 U $400,0 $1t8u.()uu 3383801 County Transit System Surtax — County voters approved a 1/2 percent sales tax increase for transportation needs that went into effect January 2003. As provided by County Ordinance the cities receive 20% of the proceeds based upon population. Based on information provided by the County it is anticipated that $906,400 will be received for the fiscal year. County Tra resit System 5 u rtax S 1,2Mrac �.+scx�.cwxi �atx�.cwxi o0'ac 2 -93 EXPENDITURE JUSTIFICATIONS 3450 Landscape /Tree Maintenance /Streets — Provides for costs associated with contracting tree, landscape, irrigation and flower maintenance services for all public right -of -ways and medians. 3455 Enhanced Transit Services — Funds will be used to fund required 20% of County Transit System Surtax for enhanced public bus transportation system beyond levels set in the 2001/02 budget and to fund the expanded transit service routes. 6307 Street Lighting Improvements — Provides partial funding in conjunction with the General Fund to fund phase 2 of upgrading the street lighting along the eastside of Biscayne Boulevard. 6305 Road Resurfacing — This project consists of resurfacing NE 31 th Avenue/ NE 185th Street, NE 188th Street and a portion of NE 191St Street as part of the City's ongoing Y g g maintenance program. 2 -94 ■e mom M:I Ni ENO Ilk ■ *� III .�M� N■ POLICE CAPITAL OUTLAY IMPACT FEE FUND 7 2 -95 CITY OF AVENTURA POLICE CAPITAL OUTLAY IMPACT FEE FUND 140 CATEGORY SUMMARY 2011/12 FUND DESCRIPTION This fund was created to account for impact fees derived from new developments and restricted by Ordinance for Police capital improvements. This fund provides a funding source to assist the City in providing police services required by the growth in the City. REVENUE PROJECTIONS OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 310000/319999 Locally Levied Taxes $ - $ - $ - $ - $ - 320000/329999 Licenses & Permits - - - - - 330000/339999 Intergovernmental Revenues - - - - - 340000/349999 Charges for Services - - - - - 350000/359999 Fines & Forfeitures - - - - - 360000/369999 Miscellaneous Revenues 153714 220 - 8 - 380000/389999 Transfer from Funds - - - - - 399900/399999 Fund Balance - 163337 163557 163557 163557 W, Available $ 159714 $ 169557 $ 169557 $ 169565 $ 169557 EXPENDITURES OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12.1 1000/2999 Personal Services $ - $ - $ - $ - $ - 3000/3999 Contractual Services - - - - - 4000/4999 Other Charges & Services - - - - - 5000/5399 Commodities - - - - - 5400/5999 Other Operating Expenses - - - - - Mtal Operating Expenses - - - - - 6000/6999 Capital Outlay 8,091 - 163557 - 163557 Total Expenditures $ 83091 $ - $ 163557 $ - $ 163557 2 -96 CITY OF "ENTURA POLICE CAPITAL OUTLAY IMPACT FEE FUND 140 2011/12 REVENUE PROJECTIONS OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 Miscellaneous Revenues 3611000 Interest $ 133 $ 119 $ - $ 8 $ - 3632200 Police Impact Fees 159581 101 - - - Subtotal 1 59714 220 - 8 - Fund Balance 3999000 Carryover - 169337 16,557 169557 16,557 Subtotal - 169337 1 6,557 169557 1 6,557 Total Revenues $ 159714 $ 169557 $ 16,557 $ 169565 $ 16,557 EXPENDITURES 2001 -521 OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 CAPITAL OUTLAY Public Safety 6410 Equipment $ 83091 $ - $ - $ - $ Subtotal 83091 - - - - CAPITAL OUTLAY Public Safety 6999 Capital Reserve - - 16,557 - 16,557 Subtotal - - 16,557 - 16,557 Total Expenditures $ 83091 $ - $ 169557 $ - $ 169557 REVENUE PROJECTION RATIONALE 3632000 Police Impact Fees — Represents fees collected from new development to pay for additional police and capital equipment costs caused by the impact of the development on services and the community. 2 -97 1111 mom �Ma +'llboom M I EMI i X53 �■ ; ■r �* k IS t O PARK DEVELOPMENT FUND 2 -98 CITY OF AVENTURA PARK DEVELOPMENT FUND 170 CATEGORY SUMMARY 2011/12 FUND DESCRIPTION This fund is used to account for revenues and expenditures specifically earmarked for capital improvements to the City's park system. The fund will account for impact fees derived from new developments and restricted by Ordinance for Park capital improvement projects. REVENUE PROJECTIONS OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 310000/319999 Locally Levied Taxes $ - $ - $ - $ - $ - 320000/329999 Licenses & Permits - - - - - 330000/339999 Intergovernmental Revenues - - - - - 340000/349999 Charges for Services - - - - - 350000/359999 Fines & Forfeitures - - - - - 360000/369999 Miscellaneous Revenues 59302 2,237 - 1 - 380000/389999 Transfer from Funds - - - - - 399900/399999 Fund Balance - 490,930 29246 29246 29246 Total Available $ 59302 $ 4939167 $ 29246 $ 29247 $ 29246 EXPENDITURES OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 1000/2999 Personal Services $ - $ - $ - $ - $ - 3000/3999 Contractual Services - - - - - 4000/4999 Other Charges & Services - - - - - 5000/5399 Commodities - - - - - 5400/5999 Other Operating Expenses - - - - - Total Operating Expenses - - - - - 6000/6999 Capital Outlay 319928 1929721 29246 - 29246 9000/9999 Transfers 2503000 2989200 - - - penditures $ 2819928 $ 4909921 $ 29246 $ - $ 29246 2 -99 CITY OF AVENTURA PARK DEVELOPMENT FUND 170 2011/12 REVENUE PROJECTIONS OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 Miscellaneous Revenues 3611000 Interest $ 59302 $ 25237 $ - $ 1 $ - 3632700 Recreation Impact Fees - - - - - Subtotal 55302 2,237 - 1 - Fund Balance 3999000 Carryover - 4905930 23246 25246 23246 Subtotal - 490,930 25246 2,246 25246 Total Revenues $ 55302 $ 493,167 $ 25246 $ 21247 $ 25246 EXPENDITURES 5001 -572 OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 CAPITAL OUTLAY Community Services 6203 Waterways Park Improv. $ 89919 $ 55994 $ - 6204 Waterways Dog Park Improv. - - - - - 6206 Veterans Park Modifications 19,914 186,727 - - - 6313 Country Club Dr. Tennis Court 3,095 - - - - ubtota 11 31,928 1921721 - - - CAPITAL OUTLAY Community Services 6999 Capital Reserve - - 25246 - 25246 Subtotal= - - 2,246 - 2,246 TRANSFERS - 90-701 Non - Departmental - 590 7001 Transfer to Arts Center Con Fun 2505000 298,200 - - - Subtotal 250,000 298,200 - - - Total Expenditures ME $ 281,928 $ 490,921 $ 2,246 $ - $ 2,246 REVENUE PROJECTION RATIONALE 3632700 Recreation Impact Fees — This represents the amount anticipated from park impact fees required from new residential development in the City. 2 -100 / *� I ��ti• err �Ik L� err tt ti ■t� I k � � � ' A 911 FUND 2 -101 CITY OF AVENTURA 911 FUND 180 CATEGORY SUMMARY 2011/12 FUND DESCRIPTION This fund is used to account for revenues and expenditures specifically earmarked for the City's emergency 911 system in accordance with Florida Statutes 365.172. The funds may be used to provide emergency dispatch systems, training, communication, maintenance and repairs and related capital outlay purchases. The fund offsets a portion of the emergency 911 operations. REVENUE PROJECTIONS OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 310000/319999 Locally Levied Taxes $ - $ - $ - $ - $ - 320000/329999 Licenses & Permits - - - - - 330000/339999 Intergovernmental Revenues 2589795 173,703 223,000 88,638 211,650 340000/349999 Charges for Services - - - - - 350000/359999 Fines & Forfeitures - - - - - 360000/369999 Miscellaneous Revenues - - - - - 380000/389999 Transfer from Funds - - - - - 399900/399999 Fund Balance - 123,216 55,004 55,004 - Total Available $ 258,795 $ 296,919 $ 278,004 $ 143,642 $ 211,650 EXPENDITURES OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 1000/2999 Personal Services $ - $ - $ - $ - $ - 3000/3999 Contractual Services - - - - - 4000/4999 Other Charges & Services 969563 114,105 105,004 61,718 120,000 5000/5399 Commodities - 30 4,000 100 4,000 5400/5999 Other Operating Expenses 29439 2,780 5,000 2,427 5,400 Total Operating Expenses 999002 116,915 114,004 64,245 129,400 6000/6999 Capital Outlay - - - - - 9000/9999 Transfers 949000 125,000 164,000 82,000 82,250 Total Expenditures $ 1939002 $ 241,915 $ 278,004 $ 146,245 $ 211,650 2 -102 CITY OF AVENTURA _ 911 FUND 180 2011/12 REVENUE PROJECTIONS OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 2 -103 Intergovernmental Revenues 3379110 911 Fees -Wire Line $ 1645782 $ 1215253 $ 150,000 $ 58,701 $ 1405650 3379111 911 Fees - Wireless 945013 525450 73,000 29,937 715000 Subtotal 258,795 1735703 223,000 88,638 2115650 Miscellaneous Revenues 3611000 Interest on Investments - - - - - Subtotal - - - - - Fund Balance 3999000 Carryover - 1235216 55,004 55,004 Mubtotal - 1235216 55,004 55,004 - Total Revenues $ 2581795 $ 2965919 $ 278,004 $ 143,642 $ 2115650 EXPENDITURES 2001 -521 OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 OPERATING OTHER CHARGES & SERVICES 4001 Travel & Per Diem $ 23998 $ 29025 $ 55000 $ 15000 $ 59000 4101 Communications 39,285 219872 455000 345761 609000 4645 R &M - Equipment 545280 905208 55,004 25,957 555000 Subtotal 96,563 1145105 105,004 611718 1205000 COMMODITIES 5120 Computer Operating Supplies - - 29000 - 23000 5290 Other Operating Supplies - 30 25000 100 23000 Subtotal - 30 4,000 100 45000 OTHER OPERATING EXPENSES 5410 Subscriptions & Memberships 240 360 - 390 400 5450 Training 21199 25420 51000 21037 55000 Subtotal 2,439 25780 5,000 2,427 55400 CAPITAL OUTLAY Public Safety - 2001 -521 6999 Capital Reserves - - - - - Subtotal - - - - - TRANS FERS - 9 0 -9 01 9101 Transfer to General Fund 94,000 1259000 1645000 825000 829250 Subtotal 94,000 1255000 164,000 82,000 825250 Total Expenditures Fm $ 193,002 $ 2415915 $ 278,004 $ 146,245 $ 2115650 2 -103 REVENUE PROJECTION RATIONALE 3379110/111 911 Fees — This represents the amount anticipated for 911 fees collected by the State in accordance with Florida Statues 365.172. 911 Fees $300,000 $2.50,000 $200,000 $150,000 $100,000 $50,000 4, EXPENDITURE JUSTIFICATIONS 4101 Communications — Costs paid to Bellsouth for selective routing of 911 calls and associated fees. 4645 R &M Equipment — Funds allocated to this account will be used for repair and maintenance of 911 equipment. 5450 Training — Costs associated with this account are related to maintain state standards and having a highly trained dispatch function. 9101 Transfer to General Fund — Funds offset a portion of the emergency 911 Communication Officers costs. 2 -104 a DEBT SERVICE FUNDSii ■i� 2 -105 CITY OF AVENTURA DEBT SERVICE FUND RECAP CATEGORY SUMMARY 2011/12 FUND DESCRIPTION These funds are established to account for revenues and /or transfers pledged for debt service payments on long term financing. REVENUE PROJECTIONS OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 310000/319999 Locally Levied Taxes $ - $ - $ - $ - $ - 320000/329999 Licenses & Permits - - - - - 330000/339999 Intergovernmental Revenues - - - - - 340000/349999 Charges for Services - - - - - 350000/359999 Fines & Forfeitures - - - - - 360000/369999 Miscellaneous Revenues 259976 269390 - 129640 - 380000/389999 Transfer /Debt Proceeds 296809587 1397329062 892729278 695809837 295679910 399900/399999 Fund Balance - 209793 159535 159535 - Total Available $ 297069563 $ 1397799245 $ 892879813 $ 696099012 $ 295679910 EXPENDITURES OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 1000/2999 Personal Services $ - $ - $ - $ - $ - 3000/3999 Contractual Services - - - - - 4000/4999 Other Charges & Services - - - - - 5000/5399 Commodities - - - - - 5400/5999 Other Operating Expenses - - - - - Total Operating Expenses - - - - - 6000/6999 Capital Outlay - - - - - 7000/7999 Debt Service 297069178 1396159306 892879813 698029621 295679910 9000/9999 Transfers - - - - - Total Expenditures $ 297069178 $ 1396159306 $ 892879813 $ 698029621 $ 295679910 2 -106 CITY OF AVENTURA 2010 & 2011 DEBT SERVICE FUND 230 CATEGORY SUMMARY 2011/12 FUND DESCRIPTION This fund was established to account for debt service payment expenditures associated with the long term financing for the purchase of properties utilized for public parks and the permanent Government Center and the construction of the Government Center. The original debt issued in 1999 was refinanced in 2010 and 2011. REVENUE PROJECTIONS OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 310000/319999 Locally Levied Taxes $ - $ - $ - $ - $ - 320000/329999 Licenses & Permits - - - - - 330000/339999 Intergovernmental Revenues - - - - - 340000/349999 Charges for Services - - - - - 350000/359999 Fines & Forfeitures - - - - - 360000/369999 Miscellaneous Revenues 281 104 - 7 - 380000/389999 Transfer /Debt Proceeds 193459341 1292529459 699149462 599019928 192079734 399900/399999 Fund Balance - 159059 159526 159526 - Total Available $ 193459622 $ 1292679622 $ 699299988 $ 599179461 $ 192079734 EXPENDITURES OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 1000/2999 Personal Services $ - $ - $ - $ - $ - 3000/3999 Contractual Services - - - - - 4000/4999 Other Charges & Services - - - - - 5000/5399 Commodities - - - - - 5400/5999 Other Operating Expenses - - - - - Total Operating Expenses - - - - - 6000/6999 Capital Outlay - - - - - 7000/7999 Debt Service 193489779 1292529096 699299988 691249541 192079734 9000/9999 Transfers - - - - - Total Expenditures $ 193489779 $ 1292529096 $ 699299988 $ 691249541 $ 192079734 2 -107 CITY OF AVENT URA 2010 & 2011 DEBT SERVICE FUND 230 2011/12 REVENUE PROJECTIONS OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 Miscellaneous Revenues 3611000 Interest $ 281 $ 104 $ - $ 7 $ - Subtotal 281 104 - 7 - Transfer /Debt Proceeds 3811001 Transfer from General Fund 133453341 11867,459 133493462 336,928 132073734 3842000 Bond Proceeds - - - - - 3850100 Proceeds from Refunding Bonds - 10,385,000 51565,000 5,565,000 - Subtotal 113453341 12,252,459 639143462 51901,928 132073734 Fund Balance 3999000 Carryover - 153059 153526 15,526 - Subtotal - 15,059 15,526 15,526 - Total Revenues $ 113453622 $ 12,267,622 $ 639293988 $ 51917,461 $ 132073734 EXPENDITURES 9001 -590 OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 DEBT SERVICE Non - Departmental - 590 0100 Payment to Refunded Bond $ - $ 10,321,560 $ 51505,000 $ 5,505,000 $ - 7130 Advance Refunding Escrow - 520,000 - - - 7130 Principal 4953000 515,000 5403000 336,928 6503000 7230 Interest 846,018 816,402 804,988 222,613 557,734 7330 Other Debt Service Costs 7,761 79,134 80,000 60,000 - Total Expenditures $ 113483779 $ 12,252,096 $ 639293988 $ 61124,541 $ 132073734 REVENUE PROJECTION RATIONALE 3811001 Transfer From General Fund — Amount transferred from the General Fund to fund debt service costs. BUDGET JUSTIFICATIONS 7130 Principal — Principal payment due 4/1/2012 on the Bank Qualified Loan which refinanced the construction of the Government Center as well as refund the line of credit which paid the costs of acquiring the Park and Government Center site. 7230 Interest — Interest payments due on the loan which will be payable on 4/1/2012 and 10/1/2012. 2 -108 IN CITY OF AVENTURA CITY OF AVENTURA CITY OF AVENTURA 2010 LOAN DEBT SERVICE FUND 230 2011 LOAN DEBT SERVICE FUND 230 2010 & 2011 COMBINED LOAN DEBT SERVICE FUND 230 Bank Qualified Loan Bank Qualified Loan Bank Qualified Loan FBO Refunding Bonds, Series 2010 FBO Refunding Bonds, Series 2011 FBO Refunding Bonds, Series 2010 & 2011 Combined Annual Date Principal Coupon Interest Debt Service Debt Service 4/1/2011 $ 3.420% $ 185, 476.10 $ 185, 476.10 $ 185, 476.10 10/1/2011 - 177, 583.50 177, 583.50 4/1/2012 430,000.00 3.420% 177,583.50 607,583.50 785,167.00 10/1/2012 - - 170, 230.50 170, 230.50 4/1/2013 445, 000.00 3.420% 170, 230.50 615, 230.50 785, 461.00 10/1/2013 - - 162,621.00 162,621.00 4/1/2014 455, 000.00 3.420% 162, 621.00 617, 621.00 780, 242.00 10/1/2014 - - 154, 840.50 154, 840.50 4/1/2015 470, 000.00 3.420% 154, 840.50 624, 840.50 779, 681.00 10/1/2015 - - 146, 803.50 146, 803.50 4/1/2016 485, 000.00 3.420% 146, 803.50 631, 803.50 778, 607.00 10/1/2016 - - 138,510.00 138,510.00 4/1/2017 505, 000.00 3.420% 138, 510.00 643, 510.00 782, 020.00 10/1/2017 - - 129, 874.50 129, 874.50 4/1/2018 525, 000.00 3.420% 129, 874.50 654, 874.50 784, 749.00 10/1/2018 - - 120, 897.00 120, 897.00 4/1/2019 545, 000.00 3.420% 120, 897.00 665, 897.00 786, 794.00 10/1/2019 - - 111,577.50 111,577.50 4/1/2020 560, 000.00 3.420% 111, 577.50 671, 577.50 783,155.00 10/1/2020 - - 102,001.50 102,001.50 4/1/2021 575,000.00 3.420% 102,001.50 677,001.50 779,003.00 10/1/2021 - - 92,169.00 92,169.00 4/1/2022 595,000.00 3.420% 92,169.00 687,169.00 779,338.00 10/1/2022 - - 81,994.50 81,994.50 4/1/2023 615, 000.00 3.420% 81, 994.50 696, 994.50 778, 989.00 10/1/2023 - - 71,478.00 71,478.00 4/1/2024 640, 000.00 3.420% 71, 478.00 711, 478.00 782, 956.00 10/1/2024 - - 60,534.00 60,534.00 4/1/2025 660, 000.00 3.420% 60, 534.00 720, 534.00 781, 068.00 10/1/2025 - - 49,248.00 49,248.00 4/1/2026 685, 000.00 3.420% 49, 248.00 734, 248.00 783, 496.00 10/1/2026 - - 37,534.50 37,534.50 4/1/2027 705,000.00 3.420% 37,534.50 742,534.50 780,069.00 10/1/2027 - - 25,479.00 25,479.00 4/1/2028 735, 000.00 3.420% 25, 479.00 760, 479.00 785, 958.00 10/1/2028 - - 12,910.50 12,910.50 4/1/2029 755,000.00 3.420% 12,910.50 767,910.50 780,821.00 $ 10,385,000.00 $ 3,878,050.10 $ 14,263,050.10 $ 14,263,050.10 Date Principal Coupon 4/1/2011 $ 10/1/2011 - - 4/1/2012 220,000.00 3.640% 10/1/2012 - 4/1/2013 230,000.00 3.640% 10/1/2013 - - 4/1/2014 240,000.00 3.640% 10/1/2014 - - 4/1/2015 255,000.00 3.640% 10/1/2015 - - 4/1/2016 260,000.00 3.640% 10/1/2016 - - 4/1/2017 270,000.00 3.640% 10/1/2017 - - 4/1/2018 280,000.00 3.640% 10/1/2018 - - 4/1/2019 285,000.00 3.640% 10/1/2019 - - 4/1/2020 300,000.00 3.640% 10/1/2020 - - 4/1/2021 310,000.00 3.640% 10/1/2021 - - 4/1/2022 320,000.00 3.640% 10/1/2022 - - 4/1/2023 335,000.00 3.640% 10/1/2023 - - 4/1/2024 345,000.00 3.640% 10/1/2024 - - 4/1/2025 360,000.00 3.640% 10/1/2025 - - 4/1/2026 365,000.00 3.640% 10/1/2026 - - 4/1/2027 380,000.00 3.640% 10/1/2027 - - 4/1/2028 395,000.00 3.640% 10/1/2028 - - 4/1/2029 415,000.00 3.640% $ 5,565,000.00 2 -109 Annual Interest Debt Service Debt Service $ 37,137.10 $ 37,137.10 $ 37,137.10 101, 283.00 101, 283.00 101,283.00 321,283.00 422,566.00 97,279.00 97,279.00 97,279.00 327,279.00 424,558.00 93, 093.00 93, 093.00 93, 093.00 333, 093.00 426,186.00 88, 725.00 88, 725.00 88, 725.00 343, 725.00 432, 450.00 84, 084.00 84, 084.00 84, 084.00 344, 084.00 428,168.00 79,352.00 79,352.00 79, 352.00 349, 352.00 428, 704.00 74, 438.00 74, 438.00 74, 438.00 354, 438.00 428, 876.00 69,342.00 69,342.00 69, 342.00 354, 342.00 423, 684.00 64,155.00 64,155.00 64,155.00 364,155.00 428, 310.00 58, 695.00 58, 695.00 58, 695.00 368, 695.00 427, 390.00 53, 053.00 53, 053.00 53, 053.00 373, 053.00 426,106.00 47, 229.00 47, 229.00 47, 229.00 382, 229.00 429, 458.00 41,132.00 41,132.00 41,132.00 386,132.00 427,264.00 34, 853.00 34, 853.00 34, 853.00 394, 853.00 429, 706.00 28,301.00 28,301.00 28,301.00 393,301.00 421,602.00 21,658.00 21,658.00 21,658.00 401,658.00 423,316.00 14,742.00 14,742.00 14, 742.00 409, 742.00 424, 484.00 7,553.00 7,553.00 7,553.00 422, 553.00 430,106.00 $ 2,155, 071.10 $ 7, 720, 071.10 $ 7, 720, 071.10 Annual Date Principal Interest Debt Service Debt Service 4/1/2011 $ $ 222,613.20 $ 222,613.20 $ 222,613.20 10/1/2011 278,866.50 278,866.50 4/1/2012 650,000.00 278,866.50 928,866.50 1,207,733.00 10/1/2012 - 267,509.50 267,509.50 4/1/2013 675, 000.00 267, 509.50 942, 509.50 1, 210, 019.00 10/1/2013 - 255,714.00 255,714.00 4/1/2014 695,000.00 255,714.00 950,714.00 1,206,428.00 10/1/2014 - 243,565.50 243,565.50 4/1/2015 725,000.00 243,565.50 968,565.50 1,212,131.00 10/1/2015 - 230,887.50 230,887.50 4/1/2016 745, 000.00 230, 887.50 975, 887.50 1, 206, 775.00 10/1/2016 - 217, 862.00 217, 862.00 4/1/2017 775,000.00 217,862.00 992,862.00 1,210,724.00 10/1/2017 - 204,312.50 204,312.50 4/1/2018 805,000.00 204,312.50 1,009,312.50 1,213,625.00 10/1/2018 - 190, 239.00 190, 239.00 4/1/2019 830, 000.00 190, 239.00 1, 020, 239.00 1, 210, 478.00 10/1/2019 - 175, 732.50 175, 732.50 4/1/2020 860,000.00 175,732.50 1,035,732.50 1,211,465.00 10/1/2020 - 160, 696.50 160, 696.50 4/1/2021 885, 000.00 160, 696.50 1, 045, 696.50 1, 206, 393.00 10/1/2021 - 145, 222.00 145, 222.00 4/1/2022 915, 000.00 145, 222.00 1, 060, 222.00 1, 205, 444.00 10/1/2022 - 129, 223.50 129, 223.50 4/1/2023 950, 000.00 129, 223.50 1, 079, 223.50 1, 208, 447.00 10/1/2023 - 112,610.00 112,610.00 4/1/2024 985,000.00 112,610.00 1,097,610.00 1,210,220.00 10/1/2024 - 95, 387.00 95, 387.00 4/1/2025 1, 020, 000.00 95, 387.00 1,115, 387.00 1, 210, 774.00 10/1/2025 77, 549.00 77, 549.00 4/1/2026 1, 050, 000.00 77, 549.00 1,127, 549.00 1, 205, 098.00 10/1/2026 59,192.50 59,192.50 4/1/2027 1, 085, 000.00 59,192.50 1,144,192.50 1, 203, 385.00 10/1/2027 40,221.00 40,221.00 4/1/2028 1,130,000.00 40,221.00 1,170,221.00 1,210,442.00 10/1/2028 20, 463.50 20, 463.50 4/1/2029 1,170, 000.00 20, 463.50 1,190, 463.50 1, 210, 927.00 $ 15,950,000.00 $ 6,033,121.20 $ 21,983,121.20 $ 21,983,121.20 CITY OF AVENTURA 2000 LOAN DEBT SERVICE FUND 240 CATEGORY SUMMARY 2011/12 FUND DESCRIPTION This fund was established to account for debt service payment expenditures associated with the 2000 Loan which was used for the Community Recreation Center and the acquisition and construction of Waterways Park. REVENUE PROJECTIONS OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 310000/319999 Locally Levied Taxes $ - $ - $ - $ - $ - 320000/329999 Licenses & Permits - - - - - 330000/339999 Intergovernmental Revenues - - - - - 340000/349999 Charges for Services - - - - - 350000/359999 Fines & Forfeitures - - - - - 360000/369999 Miscellaneous Revenues 253231 25,484 - 123600 - 380000/389999 Transfer /Debt Proceeds 4903669 628,705 508,363 254182 508,465 399900/399999 Fund Balance - 51709 - - - jWdAvailable $ 515,900 $ 659,898 $ 508,363 $ 266,782 $ 508,465 EXPENDITURES OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 1000/2999 Personal Services $ - $ - $ - $ - $ - 3000/3999 Contractual Services - - - - - 4000/4999 Other Charges & Services - - - - - 5000/5399 Commodities - - - - - 5400/5999 Other Operating Expenses - - - - - Total Operating Expenses - - - - - 6000/6999 Capital Outlay - - - - - 7000/7999 Debt Service 510,912 512,304 508,363 254,182 508,465 9000/9999 Transfers - - - - - Total Expenditures $ 5103912 $ 512,304 $ 508,363 $ 254,182 $ 508,465 2 -110 CITY OF AVENTURA 2000 LOAN DEBT SERVICE FUND 240 2011/12 REVENUE PROJECTIONS OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/121 Miscellaneous Revenues 3611000 Interest $ 25,231 $ 253484 $ - $ 123600 $ - Subtotal 25,231 25,484 - 12,600 - Transfer /Debt Proceeds 3811001 Transfer from General Fund 4903669 6283705 5083363 2543182 5083465 3842000 Bond Proceeds - - - - - 3850100 Proceeds from Refunding Bonds - - - - - Subtotal 490,669 628,705 508,363 254182 508,465 Fund Balance 3999000 Carryover - 53709 - - - Subtotal - 5,709 - - - Total Revenues $ 515,900 $ 659,898 $ 508,363 $ 266,782 $ 508,465 EXPENDITURES 9001 -590 OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 DEBT SERVICE Non - Departmental - 590 0100 Payment to Refunded Bond $ - $ - $ - $ - $ - 7130 Advance Refunding Escrow - - - - - 7130 Principal 270,000 285,000 295,000 147,500 310,000 7230 Interest 240,912 227,304 213,363 106,682 198,465 7330 Other Debt Service Costs - - - - - Lnditures ���WW $ 510,912 $ 512,304 $ 508,363 $ 254,182 $ 508,465 REVENUE PROJECTION RATIONALE 3811001 Transfer From General Fund — Amount transferred from the General Fund to fund debt service costs. BUDGET JUSTIFICATIONS 7130 Principal — Principal payment due 10/1/2012 on Bank Qualified Loan which financed the Community Recreation Center and the acquisition and construction of Waterways Park. 7230 Interest — Interest payments due on the loan which will be payable on 4/1/2012 and 10/1/2012. 2 -111 CITY OF AVENTURA 2000 LOAN DEBT SERVICE FUND 240 Bank Qualified Loan Capital Revenue Bonds, Series 2000 Principal 240 - 9001 - 590.71 -30 Interest 240 - 9001 - 590.72 -30 Other 240 - 9001 - 590.73 -30 Date Principal Coupon Interest Debt Service 10/1/2001 $ 220, 000.00 5.050% $ 290, 568.58 $ 510, 568.58 10/1/2002 190, 000.00 5.050% 319, 917.50 509, 917.50 10/1/2003 200, 000.00 5.050% 310, 322.50 510, 322.50 10/1/2004 2107000.00 5.050% 3007222.50 5107222.50 10/1/2005 2207000.00 5.050% 2897617.60 5097617.60 10/1/2006 235, 000.00 5.050% 278, 507.50 513, 507.50 10/1/2007 2457000.00 5.050% 2667640.50 5117640.50 10/1/2008 2557000.00 5.050% 2547267.50 5097267.50 10/1/2009 270, 000.00 5.050% 241, 390.00 511, 390.00 10/1/2010 285, 000.00 5.050% 227, 755.00 512, 755.00 10/1/2011 295, 000.00 5.050% 213, 362.50 508, 362.50 10/1/2012 3109000.00 5.050% 1989465.00 5089465.00 10/1/2013 325, 000.00 5.050% 182, 810.00 507, 810.00 10/1/2014 345, 000.00 5.050% 166, 397.50 511, 397.50 10/1/2015 360, 000.00 5.050% 148, 975.00 508, 975.00 10/1/2016 380, 000.00 5.050% 130, 795.00 510, 795.00 10/1/2017 3957000.00 5.050% 1117605.00 5067605.00 10/1/2018 4157000.00 5.050% 917657.50 5067657.50 10/1/2019 435, 000.00 5.050% 70, 700.00 505, 700.00 10/1/2020 965, 000.00 5.050% 48, 732.50 1, 013, 732.50 $ 695559000.00 $ 491429709.18 $10,697,709.18 Notes: - the City has no legal debt limit. - General Obligation Debt requires approval by voter referendum. - Other debt requires Commission approval by a Simple Majority (4 of 7 Commissioners). The Series 2000 Revenue Bonds are banl< qualified debt, secured solely by a covenant to budget and appropriate the required debt service payments each year. This loan is structured the same as a serial bond issue with principal payments due on October 1St and semi - annual interest payments due on April 1St and October 1St of each year with the final maturity on October 1, 2020. Debt service requirements average approximately $535,000 per year over the 20 -year life of the obligation. The interest rate is locl<ed at 5.05 %. 2 -112 CITY OF AVENTURA 2002 LOAN DEBT SERVICE FUND 250 CATEGORY SUMMARY 2011/12 FUND DESCRIPTION This fund was established to account for debt service payment expenditures associated with the 2002 Loan which was used to acquire property for the Charter School and partially fund the Community Recreation Center. REVENUE PROJECTIONS OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/121 310000/319999 Locally Levied Taxes 320000/329999 Licenses & Permits - - - - - 330000/339999 Intergovernmental Revenues - - - - - 340000/349999 Charges for Services - - - - - 350000/359999 Fines & Forfeitures - - - - - 360000/369999 Miscellaneous Revenues 5 2 - - - 380000/389999 Transfer /Debt Proceeds 400,577 4043120 403,709 201,855 404,780 399900/399999 Fund Balance - 25 9 9 - Total Available $ 4003582 $ 4043147 $ 4033718 $ 2013864 $ 4043780 EXPENDITURES 1000/2999 Personal Services 3000/3999 Contractual Services - - - - - 4000/4999 Other Charges & Services - - - - - 5000/5399 Commodities - - - - - 5400/5999 Other Operating Expenses - - - - - Total Operating Expenses - - - - - 6000/6999 Capital Outlay - - - - - 7000/7999 Debt Service 402,062 404038 403,718 200,312 404,780 9000/9999 Transfers - - - - - Total Expenditures $ 402,062 $ 404038 $ 403,718 $ 200,312 $ 404,780 2 -113 CITY OF AVENTURA 2002 LOAN DEBT SERVICE FUND 250 2011/12 REVENUE PROJECTIONS OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011 /12 $ 5 $ Miscellaneous Revenues 3611000 Interest 5 Subtotal - Transfer /Debt Proceeds 3811001 Transfer from General Fund 3842000 Bond Proceeds 3850100 Proceeds from Refunding Bonds 403,709 Subtotal - Fund Balance 3999000 Carryover - Subtotal 9 Total Revenues $ 5 $ 2 $ - $ - $ - 5 2 - - - 4003577 404,120 403,709 201,855 4043780 4003577 404,120 403,709 201,855 4043780 - 25 9 9 - - 25 9 9 - - - - - $ 4003582 $ 404,147 $ 403,718 $ 201,864 $ 4043780 EXPENDITURES 9001 -590 80,334 1673756 OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011 /12 REVENUE PROJECTION RATIONALE 3811001 Transfer From General Fund — Amount transferred from the General Fund to fund debt service costs. BUDGET JUSTIFICATIONS 7130 Principal — Principal payment due 8/1/2012 on the Loan which financed the acquisition of the charter school site and the balance of Community /Recreation Center. 7230 Interest — Interest payments due on the loan which will be payable on 2/1/2012 and 8/1/2012. 2 -114 DEBT SERVICE Non - Departmental - 590 0100 Payment to Refunded Bond $ - $ - $ - $ - $ - 7130 Advance Refunding Escrow - - - - - 7130 Principal 1483854 155,943 160,668 80,334 1673756 7230 Interest 245,764 241,061 235,550 117,775 229,524 7330 Other Debt Service Costs 73444 7,134 7,500 2,203 73500 Total Expenditures $ 402,062 $ 404,138 $ 403,718 $ 200,312 $ 404,780 REVENUE PROJECTION RATIONALE 3811001 Transfer From General Fund — Amount transferred from the General Fund to fund debt service costs. BUDGET JUSTIFICATIONS 7130 Principal — Principal payment due 8/1/2012 on the Loan which financed the acquisition of the charter school site and the balance of Community /Recreation Center. 7230 Interest — Interest payments due on the loan which will be payable on 2/1/2012 and 8/1/2012. 2 -114 CITY DEBT SERVICE SCHEDULE - FUND #250 Date Principal Coupon Interest Debt Service 8/1/2003 $ - 0.000% $ 38,174.53 $ 38,174.53 8/11/2004 21, 644.12 2.500% 43, 216.45 64, 860.57 8/11/2005 22, 030.62 2.100% 42, 675.35 64, 705.97 8/1/2006 22,417.13 2.500% 42,212.70 64,629.83 8/11/2007 23,190.13 2.750% 41, 652.28 64, 842.41 8/11/2008 23, 576.63 3.125% 41, 014.55 64, 591.18 8/11/2009 24, 349.64 3.375% 40, 277.78 64, 627.41 8/11/20110 25, 509.14 3.625% 39, 455.98 64, 965.12 8/1/2011 26, 282.15 3.750% 38, 531.27 64, 813.42 8/1/2012 27,441.65 3.800% 37,545.69 64,987.34 8/11/20113 28, 214.66 4.000% 36, 502.91 64, 717.57 8/11/20114 29, 374.16 4.100% 35, 374.32 64, 748.49 8/11/20115 30, 920.17 4.200% 34,169.98 65, 090.15 8/11/20116 32, 079.68 4.300% 32, 871.33 64, 951.01 8/11/20117 33, 625.69 4.400% 31, 491.91 65,117.60 8/11/20118 27, 828.16 4.875% 30, 012.38 57, 840.53 8/11/20119 29, 374.16 4.875% 28, 655.75 58, 029.92 8/1/2020 30,920.17 4.875% 27,223.76 58,143.94 8/11/20211 32, 079.68 4.875% 25, 716.41 57, 796.09 8/11/2022 34, 012.19 4.875% 24,152.52 58,164.71 8/11/2023 35, 558.20 5.000% 22, 494.43 58, 052.63 8/11/2024 37, 490.71 5.000% 20, 716.52 58, 207.23 8/11/2025 39, 423.22 5.000% 18, 841.98 58, 265.20 8/11/2026 41, 355.73 5.000% 16, 870.82 58, 226.55 8/11/2027 43, 288.24 5.000% 14, 803.03 58, 091.28 8/11/2028 45, 607.26 5.000% 12, 638.62 58, 245.88 8/11/2029 47, 926.27 5.000% 10, 358.26 58, 284.53 8/11/2030 50, 631.78 5.000% 7,961.94 58, 593.73 8/11/20311 52, 950.80 5.000% 5,430.36 58, 381.15 8/11/2032 55, 656.31 5.000% 2,782.82 58, 439.13 $ 974, 758.46 $ 843, 826.62 $1, 818, 585.08 CITY OF AVENTURA 2002 LOAN DEBT SERVICE FUND 250 Florida Intergovernmental Finance Commission Capital Revenue Bonds, Series 2002 LAND ACQUISITION DEBT SERVICE SCHEDULE - FUND #250 Date Principal Coupon Interest Debt Service 8/11/2003 $ - 0.000% $ 195,194.20 $ 195,194.20 8/1/2004 110,670.83 2.500% 220,974.56 331,645.39 8/1/2005 112,647.09 2.100% 218,207.79 330,854.88 8/1/2006 114,623.35 2.500% 215,842.20 330,465.56 8/11/2007 118, 575.88 2.750% 212, 976.62 331, 552.50 8/1/2008 120,552.15 3.125% 209,715.78 330,267.93 8/1/2009 124,504.68 3.375% 205,948.52 330,453.20 8/1/2010 130,433.47 3.625% 201,746.50 332,179.97 8/1/2011 134,386.00 3.750% 197,018.28 331,404.28 81112012 140,314.80 3.800% 191,978.81 332,293.60 8/1/2013 144,267.33 4.000% 186,646.84 330,914.17 8/11/20114 150,196.12 4.100% 180, 876.15 331, 072.27 8/1/2015 158,101.18 4.200% 174,718.11 332,819.29 8/1/2016 164,029.97 4.300% 168,077.86 332,107.83 8/11/20117 171, 935.03 4.400% 161, 024.57 332, 959.60 8/1/2018 142,291.06 4.875% 153,459.43 295,750.49 8/1/2019 150,196.12 4.875% 146,522.74 296,718.86 8/1/2020 158,101.18 4.875% 139,200.68 297,301.86 8/1/2021 164,029.97 4.875% 131,493.25 295,523.22 8/1/2022 173,911.30 4.875% 123,496.78 297,408.08 8/1/2023 181,816.36 5.000% 115,018.61 296,834.96 8/1/2024 191,697.68 5.000% 105,927.79 297,625.47 8/11/2025 201, 579.00 5.000% 96, 342.91 297, 921.91 8/1/2026 211,460.33 5.000% 86,263.96 297,724.28 8/1/2027 221,341.65 5.000% 75,690.94 297,032.59 8/1/2028 233,199.24 5.000% 64,623.86 297,823.10 8/1/2029 245,056.83 5.000% 52,963.89 298,020.72 8/1/2030 258,890.68 5.000% 40,711.05 299,601.73 8/1/2031 270,748.27 5.000% 27,766.52 298,514.79 8/1/2032 284,582.12 5.000% 14,229.11 298,811.23 Notes. - the City has no legal debt limit. - General Obligation Debt requires approval by voter referendum. - Other debt requires Commission approval by a Simple Majority (4 of 7 Commissioners). $ 4,984,139.66 $ 4, 314, 658.32 $ 9, 298, 797.98 The Series 2002 Revenue Bonds were financed through the Florida Intergovernmental Finance Commission. The loan is secured solely bya covenant to budget and appropriate the required debt service payments each year. This loan is structured the same as a serial bond issue with principal payments due August 111 and interest payments due on February 111 and August 111 of each yearwith the final maturity on August1,2032. Debt service requirements average approximately $850,OOOperyear over the 30-year I ife of the obligation. Theinterestrate varies from 2.5% to 5.0% depending on the maturity date. 2 -115 Principal 250 - 9001 - 590.71 -30 I me re st 250 - 9001 - 590.72 -30 Othe r 250 - 9001 - 590.73 -30 2002 LOAN DEBT SERVICE FUND - FUND #250 Date Principal Coupon Interest Debt Service 8/1/2003 $ - 0.000% $ 233,368.73 $ 233,368.73 8/1/2004 132,314.95 2.500% 264,191.01 396,505.96 8/1/2005 134,677.71 2.100% 260,883.14 395,560.85 8/1/2006 137,040.48 2.500% 258,054.91 395,095.39 8/1/2007 141,766.01 2.750% 254,628.90 396,394.91 8/11/2008 144,128.78 3.125% 250, 730.33 394, 859.11 8/1/2009 148,854.31 3.375% 246,226.30 395,080.62 8/1/2010 155,942.62 3.625% 241,202.47 397,145.09 8/1/2011 160,668.15 3.750% 235,549.55 396,217.70 8/1/2012 167,756.45 3.800% 229,524.50 397,280.95 8/1/2013 172,481.98 4.000% 223,149.75 395,631.74 8/1/2014 179,570.28 4.100% 216,250.47 395,820.76 8/1/2015 189,021.35 4.200% 208,888.09 397,909.44 8/11/20116 196,109.65 4.300% 200, 949.19 397, 058.85 8/1/2017 205,560.72 4.400% 192,516.48 398,077.20 8/1/2018 170,119.22 4.875% 183,471.81 353,591.02 8/1/2019 179,570.28 4.875% 175,178.50 354,748.78 8/1/2020 189,021.35 4.875% 166,424.44 355,445.80 8/1/2021 196,109.65 4.875% 157,209.65 353,319.31 8/1/2022 207,923.49 4.875% 147,649.30 355,572.79 8/1/2023 217,374.55 5.000% 137,513.03 354,887.59 8/1/2024 229,188.39 5.000% 126,644.31 355,832.70 8/11/2025 241, 002.22 5.000% 115,184.89 356,187.11 8/1/2026 252,816.06 5.000% 103,134.78 355,950.83 8/1/2027 264,629.89 5.000% 90,493.97 355,123.86 8/1/2028 278,806.49 5.000% 77,262.48 356,068.97 8/1/2029 292,983.10 5.000% 63,322.15 356,305.25 8/1/2030 309,522.46 5.000% 48,673.00 358,195.46 8/1/2031 323,699.07 5.000% 33,196.87 356,895.94 8/1/2032 340,238.43 5.000% 17,011.92 357,250.36 $5,958,898.12 $5,158,484.94 $ 11,117, 383.06 CITY OF AVENTURA FIFC LOAN DEBT SERVICE FUND 290 CATEGORY SUMMARY 2011/12 FUND DESCRIPTION This fund was established to account for debt service payment expenditures associated with the Florida Intergovernmental Finance Commission Loan which was used to fund the construction and equipment for of the Aventura Charter Elementary School. REVENUE PROJECTIONS OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/121 310000/319999 Locally Levied Taxes 320000/329999 Licenses & Permits - - - - - 330000/339999 Intergovernmental Revenues - - - - - 340000/349999 Charges for Services - - - - - 350000/359999 Fines & Forfeitures - - - - - 360000/369999 Miscellaneous Revenues 459 800 - 33 - 380000/389999 Transfer /Debt Proceeds 4443000 4463778 445,744 222,872 4463931 399900/399999 Fund Balance - - - - - Total Available $ 444,459 $ 447,578 $ 445,744 $ 222,905 $ 446,931 EXPENDITURES OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 1000/2999 Personal Services $ - $ - $ - $ - $ - 3000/3999 Contractual Services - - - - - 4000/4999 Other Charges & Services - - - - - 5000/5399 Commodities - - - - - 5400/5999 Other Operating Expenses - - - - - Total Operating Expenses - - - - - 6000/6999 Capital Outlay - - - - - 7000/7999 Debt Service 4443425 4463768 4453744 2233586 4463931 9000/9999 Transfers - - - - - Total Expenditures $ 444,425 $ 446,768 $ 445,744 $ 223,586 $ 446,931 2 -116 CITY OF "ENTURA FIFC LOAN DEBT SERVICE FUND 290 20'11/12 REVENUE PROJECTIONS OBJECT CATEGORY RECAP ACTUAL 2008/09 ACTUAL 2009/10 APPROVED HALF YEAR CITY MANAGER CODE DEBT SERVICE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 0100 Payment to Refunded Bond $ - $ - $ - $ - $ - 7130 Miscellaneous Revenues - - - - - 3611000 Interest $ 459 $ 800 $ - $ 33 $ - 7230 E Subtotal 459 800 - 33 - 7330 Other Debt Service Costs 23989 33498 33500 23464 Transfer /Debt Proceeds Total Expenditures $ 444,425 $ 446,768 $ 445,744 $ 3811001 Transfer from General Fund - - - - - 3811901 Transfer from Charter School Fund 4443000 4463778 4453744 2223872 4463931 3842000 Bond Proceeds - - - - - 3850100 Proceeds from Refunding Bonds - - - - - Subtotal 444,000 446,778 445,744 222,872 446,931 Fund Balance C 3999000 arryover - - - - Subtotal - - - - - Total Revenues $ 4441459 $ 4473578 $ 4453744 $ 2223905 $ 4463931 EXPENDITURES 9001 -590 OBJECT CODE NO. CATEGORY RECAP ACTUAL 2008/09 ACTUAL 2009/10 APPROVED BUDGET 2010/11 HALF YEAR ACTUAL 2010/11 CITY MANAGER PROPOSAL 2011/12 DEBT SERVICE Non - Departmental - 590 0100 Payment to Refunded Bond $ - $ - $ - $ - $ - 7130 Advance Refunding Escrow - - - - - 7130 Principal 166,146 1743057 1793332 893666 1873244 7230 Interest 275,290 269,213 262,912 131,456 256,187 7330 Other Debt Service Costs 23989 33498 33500 23464 33500 Total Expenditures $ 444,425 $ 446,768 $ 445,744 $ 223,586 $ 446,931 REVENUE PROJECTION RATIONALE 3811901 Transfer From Charter School Fund — Transfer of funds for lease payment from Charter School Fund for elementary school to fund debt service costs for construction of school. BUDGET JUSTIFICATIONS 7130 Principal — Principal payment due 8/1/2012 on the Loan which financed the acquisition of the charter school site and the balance of Community /Recreation Center. 7230 Interest — Interest payments due on the loan which will be payable on 2/1/2012 and 8/1/2012. 2 -117 CITY OF AVENTURA FIFC LOAN DEBT SERVICE FUND 290 Florida Intergovernmental Finance Commission Capital Revenue Bonds, Series 2002 Principal 290 -9001 - 590.71 -30 Interest 290 -9001 - 590.72 -30 Other 290 -9001 - 590.73 -30 Date Principal Coupon Interest Debt Service 8/11/2003 $ - 0.000% $ 260, 477.55 $ 260, 477.55 8/11/2004 147, 685.05 2.500% 294, 880.25 442, 565.30 8/11/2005 150, 322.29 2.100% 2917188.12 441, 510.41 8/11/2006 152, 959.52 2.500% 288, 031.35 440, 990.87 8/11/2007 158, 233.99 2.750% 284, 207.36 442, 441.35 8/11/2008 160, 871.22 3.125% 279, 855.93 440, 727.15 8/11/2009 1667145.69 3.375% 274, 828.70 440, 974.38 8/11/20110 174, 057.38 3.625% 269, 221.29 443, 278.67 8/1/2011 179, 331.85 3.750% 262, 911.71 442, 243.56 8/1/2012 187, 243.55 3.800% 2569186.76 443, 430.31 8/11/20113 192, 518.02 4.000% 249, 071.51 441, 589.52 8/11/20114 200, 429.72 4.100% 241, 370.79 441, 800.50 8/11/20115 210, 978.65 4.200% 2337153.17 4447131.82 8/11/20116 218, 890.35 4.300% 224, 292.07 4437182.41 8/11/20117 229, 439.28 4.400% 214, 879.78 444, 319.06 8/11/20118 189, 880.78 4.875% 204, 784.45 394, 665.24 8/11/20119 200, 429.72 4.875% 195, 527.76 395, 957.48 8/11/2020 210, 978.65 4.875% 185, 756.82 396, 735.46 8/11/20211 218, 890.35 4.875% 175, 471.61 394, 361.95 8/11/2022 232, 076.51 4.875% 164, 800.70 396, 877.21 8/11/2023 242, 625.45 5.000% 153, 486.97 3967112.41 8/11/2024 255, 811.61 5.000% 141, 355.69 3977167.30 8/11/2025 268, 997.78 5.000% 128, 565.11 397, 562.89 8/11/2026 2827183.94 5.000% 1157115.22 3977299.17 8/11/2027 295, 370.11 5.000% 101, 006.03 396, 376.14 8/11/2028 3117193.51 5.000% 86, 237.52 397, 431.03 8/11/2029 327, 016.90 5.000% 70, 677.85 397, 694.75 8/11/2030 345, 477.54 5.000% 54, 327.00 399, 804.54 8/11/20311 361, 300.93 5.000% 37, 053.13 398, 354.06 8/11/2032 379, 761.57 5.000% 18, 988.08 398, 749.64 $ 696519101.88 $ 5, 757, 710.26 $ 12, 408, 812.14 Notes: - the City has no legal debt limit. - General Obligation Debt requires approval by voter referendum. - Other debt requires Commission approval by a Simple Majority (4 of 7 Commissioners). The Series 2002 Revenue Bonds were financed through the Florida Intergovernmental Finance Commission. The loan is secured solely by a covenant to budget and appropriate the required debt service payments each year. This loan is structured the same as a serial bond issue with principal payments due August 1St and interest payments due on February 1St and August 1St of each year with the final maturity on August 1, 2032. Debt service requirements average approximately $850,000 peryear overthe 30 -year life of the obligation. The interest rate varies from 2.5% to 5.0% depending on the maturity date. 2 -118 a / *� I mom 9%. err MI4 L%Ion err CAPITAL CONSTRUCTION FUNDStt ti ■t� 2 -119 CITY OF AVENTURA CAPITAL CONSTRUCTION FUND -ARTS &CULTURAL CENTER CONSTRUCTION 391 CATEGORY SUMMARY 2011/12 FUND DESCRIPTION This fund was established to account for revenues and expenditures used to fund the construction and equipment for the Arts &Cultural Center. REVENUE PROJECTIONS OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 310000/319999 Locally Levied Taxes $ - $ - $ - $ - $ - 320000/329999 Licenses & Permits - - - - - 330000/339999 Intergovernmental Revenues 213595690 250535195 - - - 340000/349999 Charges for Services - - - - - 350000/359999 Fines & Forfeitures - - - - - 360000/369999 Miscellaneous Revenues - - - - - 380000/389999 Transfer /Debt Proceeds 232503000 9543385 - - - 399900/399999 Fund Balance - 136763838 - - alAAW $ 456095690 $ 456845418 $ - $ - $ - EXPENDITURES 1000/2999 Personal Services $ - $ - $ - $ - $ - 3000/3999 Contractual Services - - - - - 4000/4999 Other Charges & Services - - - - - 5000/5399 Commodities - - - - - 5400/5999 Other Operating Expenses - - - - - WTotal Operating Expenses - - - - - 6000/6999 Capital Outlay 219325852 456845418 - - - 7000/7999 Debt Service - - - - - 9000/9999 Transfers - - - - - al Expenditures $ 239323852 $ 436843418 $ - $ - $ - 2 -120 STORMWATER UTILITY FUND 2 -121 CITY OF AVENTURA STORMWATER UTILITY FUND 410 CATEGORY SUMMARY 2011/12 FUND DESCRIPTION This fund is used to account for revenues and expenditures specifically earmarked for the construction and maintenance of the City's stormwater drainage system. REVENUE PROJECTIONS OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 310000/319999 Locally Levied Taxes $ - $ - $ - $ - $ - 320000/329999 Licenses & Permits - - - - - 330000/339999 Intergovernmental Revenues 1073364 175,303 - 613226 - 340000/349999 Charges for Services 801,532 842,867 8413458 3033584 8411458 350000/359999 Fines & Forfeitures - - - - - 360000/369999 Miscellaneous Revenues 23567 31320 - 379 - 380000/389999 Transfer from Funds - - - - - 399900/399999 Fund Balance - - - - -- - Total Available $ 9113463 $ 130213490 $ 8413458 $ 3653189 $ 8413458 Total Operating Expenses 6393618 EXPENDITURES 5353000 1000/2999 Personal Services $ - $ - $ - $ - $ - 3000/3999 Contractual Services 3833015 556,609 5353000 3453477 500,000 4000/4999 Other Charges & Services - - - - - 5000/5399 Commodities - - - - - 5400/5999 Other Operating Expenses 2563603 271,998 - - - Total Operating Expenses 6393618 828,607 5353000 3453477 500,000 6000/6999 Capital Outlay 113557 143644 3063458 413266 3413458 9000/9999 Transfers - - - - - Total Expenditures $ 6513175 $ 843,251 $ 8413458 $ 3863743 $ 841,458 2 -122 CITY OF AVENTURA STORMWATER UTILITY FUND 410 2011/12 REVENUE PROJECTIONS OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12. Intergovernmental Revenues Operating 3343605 State Grant $ 1079364 $ 1759303 $ - $ 619226 $ - Subtotal 1079364 1759303 - 619226 - Charges for Services Community Services - 538 3439110 Stormwate r Utility Fees 8019532 8429867 8419458 3039584 8419458 Subtotal 8019532 8429867 8419458 3039584 8419458 Miscellaneous Revenues 759000 $ 679261 $ 909000 3611000 Interest 29567 39320 - 379 - Subtotal 29567 39320 - 379 - Fund Balance 1629481 2569781 2109000 3999000 Carryover - - - - - S u btota I - - - - - Total Revenues $ 9119463 $ 190219490 $ 8419458 $ 3659189 $ 8419458 EXPENDITURES 5001 OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 2 -123 Operating CONTRACTUAL SERVICES Community Services - 538 3110 Prof. Services - Engineering $ 649068 $ 1359327 $ 759000 $ 679261 $ 909000 3450 Lands Maint. - Streets 1569466 1649501 2509000 1913070 2009000 3460 Street Maint. /Drainage 1629481 2569781 2109000 879146 2109000 Subtotal 3833015 5569609 5359000 3453477 5009000 OTHER OPERATING EXPENSES 5915 Depreciation 2569603 2719998 - - - Subtotal 2569603 2719998 - - - CAPITAL OUTLAY Community Services - 538 6306 Drainage Improvements 119557 149644 2009000 419266 2009000 Subtotal 113557 149644 2009000 413266 2009000 CAPITAL OUTLAY Community Services 6999 Capital Reserve - - 1069458 - 1419458 Subtotal - - 1069458 - 1419458 Total 6513175 8439251 8419458 3863743 8419458 2 -123 REVENUE PROJECTION RATIONALE 3439110 Stormwater Utility Fees — It is proposed to maintain the Stormwater fee at $2.50 /ERU to fund the required drainage improvements. The revenue amount is based on 29,217 ERUs at 96 %. Stormwater Utility Fees $1;000,000 $SOaA00 (600,000 (400,000 (200,000 CAPITAL PROJECT DESCRIPTION COMMUNITY SERVICES 6306 Drainage Improvements — Funds have been budgeted for maintenance improvements. 2 -124 M L 1111 *� ■r i m r RIM 15 INN * +I op POLICE OFFDUTY SERVICES FUND 2 -125 CITY OF AVENTURA POLICE OFFDUTY SERVICES FUND 620 CATEGORY SUMMARY 2011/12 FUND DESCRIPTION This Fund was established to account for revenues and expenditures associated with services provided by off duty Police Officers in private customer details to the various businesses and condominium associations. REVENUE PROJECTIONS OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 310000/319999 Locally Levied Taxes $ - $ - $ - $ - $ - 320000/329999 Licenses & Permits - - - - - 330000/339999 Intergovernmental Revenues - - - - - 340000/349999 Charges for Services 2683640 2283387 2403000 1183216 2403000 350000/359999 Fines & Forfeitures - - - - - 360000/369999 Miscellaneous Revenues - - - - - 380000/389999 Transfer from Funds - - - - - 399900/399999 Fund Balance - - - - - otal Available $ 2683640 $ 2283387 $ 2403000 $ 1183216 $ 2403000 EXPENDITURES OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 1000/2999 Personal Services $ 2183877 $ 2033055 $ 2403000 $ 1073550 $ 2403000 3000/3999 Contractual Services - - - - - 4000/4999 Other Charges & Services - - - - - 5000/5399 Commodities - - - - - 5400/5999 Other Operating Expenses - - - - - Total Operating Expenses 2183877 2033055 2403000 1073550 2403000 6000/6999 Capital Outlay - - - - - otal Expenditures $ 2183877 $ 2033055 $ 2403000 $ 1073550 $ 2403000 LL2 -126 CITY OF AVENT URA POLICE OFFDUTY SERVICES FUND 620 2011112 REVENUE PROJ ECTIONS OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12. Total Expenditures $ 2189877 $ 2039055 $ 2409000 $ 1079550 $ 2409000 REVENUE RATIONALE 3421100 Police Detail Billing — Estimated amount of revenue generated by off -duty details in the City's business and residential communities. 2 -127 Charges for Services 3421100 Police Detail Billing $ 2689640 $ 2289387 $ 2409000 $ 1189216 $ 2409000 Total Revenues $ 2689640 $ 2289387 $ 2409000 $ 1189216 $ 2409000 EXPENDITURES 2001 -521 OBJECT APPROVED HALF YEAR CITY MANAGER CODE ACTUAL ACTUAL BUDGET ACTUAL PROPOSAL NO. CATEGORY RECAP 2008/09 2009/10 2010/11 2010/11 2011/12 PERSONAL SERVICES Public Safety 1420 Extra Duty Detail $ 2189877 $ 2039055 $ 2409000 $ 1079550 $ 2409000 Total Expenditures $ 2189877 $ 2039055 $ 2409000 $ 1079550 $ 2409000 REVENUE RATIONALE 3421100 Police Detail Billing — Estimated amount of revenue generated by off -duty details in the City's business and residential communities. 2 -127 *� �o4 lv� mss■ On p to SUMMARY OF CAPITAL IMPROVEMENT PROGRAM 4 I 3 -1 CAPITAL IMPROVEMENT PROGRAM 2011-2016 HIGHLIGHTS • Road maintenance projects that total $3,100,000 to resurface asphalt and enhance safety are included NE 185th Street, NE 188th Street, NE 191St Street, Country Club Drive, NE 207th Street, NE 213th Street and Biscayne Lake Gardens. • Utilizes a stormwater utility program to maintain drainage systems throughout the City. A total of $1,000,000 has been earmarked during the five -year period. • Funds improvements to Founders Park including shade covers for the bleachers, replacing splashpad water features and exercise equipment at a cost of $1367000. • Includes the construction a second level to the parking area adjacent to the Government Center to provide higher ground for police vehicles and accommodate additional parking at a cost of $2,175,000. • Provides funding in the amount of $1,500,000 to complete, over a three year period, the street lighting upgrade project along the eastside of Biscayne Boulevard. • Provides the necessary equipment to continue to provide high quality and effective police services. • Continues the implementation of technology improvements and management information systems to enhance the productivity and efficiency of City operations. • Ensures that the tools of production, vehicles, equipment and technology, are available for City operations. 3 -2 PURPOSE OF THE CAPITAL IMPROVEMENT PROGRAM The purpose of the CIP is to establish a long term plan of proposed capital expenditures, the means and methods of financing, and a schedule of priorities for implementation. In order to determine the impact on the City's operating budget, debt service and the general trend of future expenditures, the City Commission will be provided with the advantage of a CIP document as a point of reference and estimated long -term budget plan. In accordance with the State's Growth Management Act, the City is required to undergo this process in order to meet the needs of its Comprehensive Plan. The CIP is an official statement of public policy regarding long -range capital development within the City. A capital improvement is defined as a capital expenditure of $5,000 or more, resulting in the acquisition, improvement or addition to fixed assets in the form of land, buildings or improvements, more or less permanent in character, and durable equipment with a life expectancy of more than one (1) year. In addition, equipment that has a value of $5,000 or less is also included in this document for budgetary purposes. The CIP lists proposed capital projects to be undertaken, the year in which they will be started, the amount expected to be expended in each year and the method of financing these projects. Based on the CIP, a department's capital outlay portion of the annual Operating Budget will be formulated for that particular year. The CIP document also communicates to the citizens, businesses and interested parties the City's capital priorities and plan for implementing projects. The five -year CIP is updated annually to add new projects in the fifth year, to re- evaluate the program and project priorities in light of unanticipated needs, and to revise recommendations to take account of new requirements and new sources of funding. Capital Improvement programming thus becomes a continuing part of the City's budgeting and management procedures. The annual capital programming process provides the following benefits: 1. The CIP is a tool for implementing the City's Comprehensive Plan. 2. The CIP process provides a mechanism for coordinating among projects with respect to function, location, and timing. 3. The yearly evaluation of project priorities ensures that the most crucial projects are developed first. 4. The CIP process facilitates long -range financial planning by matching estimated revenue against capital needs, establishing capital expenditures and identifying the need for municipal borrowing and indebtedness within a sound long -range fiscal framework. The sound fiscal policy that results from this process will have a positive impact on the City's bond rating. 3 -3 5. The impact of capital projects on the City's operating budget can be projected. 6. The CIP serves as a source of information about the City's development and capital expenditures plan for the public, City operating departments and the City Commission. LEGAL AUTHORITY A capital programming process to support the comprehensive plan is required by the Local Government Comprehensive Planning and Land Development Regulations, incorporated as Chapter 163, Florida Statues. DEVELOPMENT OF THE CAPITAL IMPROVEMENT PROGRAM The City's capital programming process began in January when operating departments were required to prepare requests for all proposed capital projects anticipated during the period of 2011 - 2016. A CIP Preparation Manual and related forms were distributed to all departments for this purpose. In February, departmental prioritized project requests were submitted to the City Manager's Office. Department Directors were asked to justify projects in terms of benefits derived, necessity to health, safety and welfare of the City, enhancement to City plans and policies, need of residents and funding. Projects were prioritized on the basis of Urgency, Necessity, Desirability and Deferability. The City Manager reviewed departmental requests and conducted individual meetings with Department Directors. The departmental requests were prioritized and the five -year schedule of projects was compiled into document form by the City Manager. The methods of financing and revenue sources were then prepared by the Finance Director and City Manager and were incorporated into the CIP document. At this point, the proposed CIP is submitted to the City Commission and public for review. In order to facilitate public involvement, public hearings and community meetings will be held to unveil and review the CIP document prior to the adoption of a Resolution approving the CIP in principle. 3 -4 CAPITAL IMPROVEMENT PROGRAM POLICIES 1. Annually, the City will prepare a five -year capital improvement program analyzing all anticipated capital expenditures and identifying associated funding sources. Future capital expenditures necessitated by changes in population, changes in development, growth, redevelopment or changes in economic base will be calculated and included in the Capital update process. 2. The City will perform all capital improvements in accordance with an adopted CIP. 3. The classification of items as capital or operating will be determined by two criteria - cost and frequency. Generally, a capital project has a "useful life" of more than one (1) year and a value of $5,000 or more. In addition, equipment that has a value of $5,000 or less is also included in the document for budgetary purposes. 4. The City will coordinate development of the capital improvement budget with the development of the operating budget. Future operating costs associated with new capital improvements will be projected and included in the operating forecasts. 5. The first year of the five -year capital improvement program will be used as the basis for formal fiscal year appropriations during the annual budget process. 6. The City will maintain all of its assets at a level adequate to protect the City's capital investment and to minimize future maintenance and replacement costs. 7. The City will identify the estimated cost of capital projects and prepare a funding projection that considers revenues and operating costs to be included in the Capital Improvement Program document that is submitted to the City Commission for approval. 8. The City will determine the most appropriate financing method for all new projects. 9. If appropriate, the City will attempt to maintain a mixed policy of pay -as- you -go and borrowing against future revenues for financing capital projects. 10 The City will maintain ongoing maintenance schedules relating to road, sidewalk and drainage system improvements. 11. The City will address and prioritize infrastructure needs on the basis of protecting the health, safety and welfare of the community. 12. A CIP preparation calendar shall be established and adhered to. 13. Capital projects will conform to the City's Comprehensive Plan. 14. Long -term borrowing will not be used to fund current operations or normal maintenance. 15. The City will strive to maintain an unreserved General Fund Fund Balance at a level not less than 10% of the annual General Fund revenue. 16. If new project appropriation needs are identified at an interim period during the fiscal year, the funding sources will be identified and mid -year budget amendments will be utilized to provide formal budgetary authority. In addition budget amendments may be utilized to increase appropriations for specific capital projects. 3 -5 PREPARING THE CAPITAL BUDGET The most important year of the schedule of projects is the first year. It is called the Capital Budget and is adopted separately from the five -year program as part of the annual budget review process. Based on the CIP, each department's capital outlay portion will be formulated for that particular year. Each year the CIP will be revised and another year will be added to complete the cycle. Capital Improvement Programming thus becomes a continuing part of the City's budget and management process. The Capital Budget is distinct from the Operating Budget. The Capital Budget authorizes capital expenditures, while the Operating Budget authorizes the expenditure of funds for employee salaries, supplies and materials. Through the City's amendment process, changes can be made to the adopted Capital Budget during the fiscal year. A request for amendment is generated by an operating department based on an urgent need for new capital project or for additional funding for a previously approved project. The request is reviewed by the Finance Director and City Manager and, if approved by the City Manager, a budget amendment is presented to the City Commission. LOCATING A SPECIFIC CAPITAL PROJECT The Capital Improvement Program is divided into five (5) program areas as follows: Beautification and Parks (BP) Transportation, Drainage and Infrastructure Improvements (TDI) Public Buildings and Facilities (PBF) Information /Communication Technology (ICT) Capital Equipment Purchase &Replacement (CE) Each project in the Capital Improvement Program has a unique project number. This project number appears at the beginning of the individual project descriptions and the Summary by Year tables. The first digit refers to functional category priority number assigned by the City Manager. The final digits outline the individual department requesting the project. For example, project TDI -1 -CS is Transportation, Drainage and Infrastructure Improvements project number one which was requested by the Community Services Department. 3 -6 SUMMARY OF RECOMMENDED PROJECTS The proposed 2011 — 2016 CIP includes 25 projects in five (5) functional categories with a total value of $13,881,400. The following represents the percentage of total funding that each functional category has been allocated: Beautification & Parks Facilities (1 %), Transportation, Drainage and Infrastructure Improvements (40 %), Capital Equipment Purchase and Replacement (21%), Information /Communication Technology (22 %) and Public Buildings and Facilities Improvements (16 %). SUMMARY OF MAJOR PROGRAMS The following table presents a summarized breakdown of the costs of the various projects recommended for funding categorized by major function for each of the five (5) years covered by the CIP. Table 1 Capital Improvement Program 20011/12 — 2015/16 Summary by Function Program 2011/12 2012/13 2013/14 2014/15 2015/16 TOTAL Beautification & Parks Facilities $ 813800 $ 73800 $ 323800 $ 323800 $ 19,800 $ 175,000 Transportation, Drainage & 133083000 133855000 154705000 6803000 7573000 536003000 1 nfrastructu re Public Buildings & Facilities 175,000 2,000,000 0 0 0 231753000 Information /Communication 1,082,900 398, 300 4715200 5103500 5493100 330123000 Technology Capital Equipment 5883000 6135400 5355000 6013900 5813100 239193400 Totals $ 3,2353700 $ 4,404,500 $ 2,50%000 $ 1,825,200 $ 1,907,000 $ 13,881 , 400 Transportation, Capital Beautification & Drainage & Equipment Parks Facilities Infrastructure 21% 1% 40% f r 1 Z 4 Information L Technology4 22% r.t Public Buildings 16% 3 -7 SUMMARY OF PROPOSED APPROPRIATIONS BY FUNDING SOURCE The following table reflects the distribution of all proposed projects to the funding source or mechanism, which is appropriate for funding the projects for each of the five (5) years of the program. Table 2 Capital Improvement Program 2011/12 — 2015/16 Summary by Funding Source Funding Source 2011/12 2012/13 2013/14 2014/15 2015/16 TOTAL General $ 2,100, 700 $ 35 428, 000 $ 1, 410, 000 $ 1, 014, 200 $ 1, 027, 000 $ 8, 979, 900 Sto rmw a to r Utility 200,000 2005000 200, 000 200, 000 2005000 15 000, 000 Parks Development 0 0 0 Charter School 1273000 913500 1295000 1315000 1233000 601,500 Federal Funding 0 0 0 Transportation Fund 808,000 6855000 770, 000 480, 000 5575000 35 300, 000 $ 35235,700 $ 45 404, 500 $ 2, 509, 000 $ 1, 825, 200 $ 1, 907, 000 $ 13, 881, 400 The proposed funding plan involves a commitment to "pay -as- you -go" annual appropriations established in yearly budgets and does not include additional long term debt. Funding Source Summary General 65% Transportation Fund 24% Stormwater Utility 7% Charter School 4% SUMMARY OF PROJECTS BY LOCATION AND YEAR The following outlines the major projects by location and the year they are proposed to be funded: Table 3 Capital Improvement Program 2011/12 - 2015/16 Summary by Location Transportation Park Location Improvements Improve Founders Park Improvements 2011 -2015 NE 185th Street/NE 31 th Avenue 2011/12 NE 188th Street 2011/12 NE 191 Street 2011/12 Country Club Drive 2012-2014 NE 207th Street 2014/15 NE 213th Street 2015/16 Biscay Boulevard Lighting Improv. 2011 -2014 Biscayne Lake Gardens 2015/16 3 -9 SUMMARY OF FINANCING PLAN MODEL Detailed funding plans for individual funds of the City are enclosed herein in the following sections. The following represents an overview of the major points of the recommended funding plan: 1. Utilize "pay - as - you - go" financing through annual appropriations to fund the total five year amount of $13,881,400. No additional debt is recommended. 2. Adjusts property tax revenues based on projected lower property assessments caused by the economic downturn. RECAP OF AVAILABLE RESOURCES vs PROPOSED APPROPRIATIONS GENERAL FUND CAPITAL IMPROVEMENT PROGRAM II TOTAL PROJECTED AVAILABLE RESOURCES PROJECTED OPERATING EXPENDITURES DEBT SERVICE REQUIREMENTS SUBTOTAL - EXPENDITURES BALANCE Less CIP APPROPRIATIONS AMOUNT NEEDED FROM CIP RESERVE OR NEW REVENUES 2011/12 2012/13 2013/14 2014/15 2015/16 29, 272, 881 175967559 2,100, 700 30, 419, 568 172617034 374287000 31, 613, 235 8197832 174107000 32, 876, 051 4897423 170147200 34, 219, 786 (57173) 170277000 $3078697440 $3176807603 $3274337067 $3373657474 $3472147613 27,151, 881 2,121, 000 28, 298, 568 2,121, 000 29, 492, 235 2,121, 000 30, 755, 051 2,121, 000 32, 098, 786 2,121, 000 29, 272, 881 175967559 2,100, 700 30, 419, 568 172617034 374287000 31, 613, 235 8197832 174107000 32, 876, 051 4897423 170147200 34, 219, 786 (57173) 170277000 $ (5047141) $ (2,166, 966) $ (5907168) $ (524, 777) $ (1, 032,173) IMPACT OF CAPITAL PROJECTS ON OPERATING BUDGET In the 5 -year Capital Improvement Program there are no projects that have a significant impact on the City's operating budget. The majority of the projects are considered maintenance of infrastructure or equipment replacement or purchase. 3 -10 TABLE 1 PROPOSED BEAUTIFICATION AND PARK FACILITIES IMPROVEMENTS PROJECTS SCHEDULED FOR 2011/12 - 20015/16 SUMMARY BY YEAR Dept. Af CIP # Project Title 2012/13 2013/14 2014/15 2015/16 Tota BPI Founders Park Improvements CS $ 74,000 $ - $ 25,000 $ 25,000 $ 12,000 $ 136,000 BP2 City -wide Beautification Improvements CS 7,800 7,800 7,800 7,800 7,800 39,000 Totals $ 81,800 $ 7,800 $ 32,800 $ 32,800 $ 19,800 $ 175,000 TABLE 2 PROPOSED BEAUTIFICATION AND PARK FACILITIES IMPROVEMENTS PROJECTS SCHEDULED FOR 2011/12 - 20015/16 FUNDING PLAN BPI Founders Park Improvements BP3 City -wide Beautification Improvements Totals Impact General Dept. # Total Fees Fund CS 136,000 136,000 CS 39,000 39,000 175,000 $ - $ 175,000 3 -11 TABLE 1 PROPOSED TRANSPORTATION, DRAINAGE AND INFRASTRUCTURE IMPROVEMENTS PROJECTS SCHEDULED FOR 2011/12 - 20015/16 SUMMARY BY YEAR De pt. i - - TD11 Stormwater Drainage Improvements CS $ 200,000 $ 200,000 $ 200,000 $ 200,000 $ 200,000 $ 1,000,000 TD12 Biscayne Boulevard Street Lighting CS 500,000 500,000 500,000 - - 1,500,000 TD13 Road Resurfacing Program CS 608,000 685,000 770,000 480,000 557,000 3,100, 000 Totals $ 1,308,000 $ 1,385,000 $ 1,470,000 $ 680,000 $ 757,000 $ 5,600,000 TABLE 2 PROPOSED TRANSPORTATION, DRAINAGE AND INFRASTRUCTURE IMPROVEMENTS PROJECTS SCHEDULED FOR 2011/12 - 20015/16 FUNDING PLAN d Fund Fund Fu 0 Stormwater I Transportable TD11 Stormwater Drainage Improvements CS $ 1,000,000 $ 1,000,000 TD12 Biscayne Boulevard Street Lighting CS 1,500,000 $ 1,300,000 $ 200,000 TD13 Road Resurfacing Program CS 3,100, 000 - - 3,100, 000 Totals $ 5,600,000 $ 1,000,000 $ 1,300,000 $ 3,300,000 $ - 3 -12 TABLE 1 PROPOSED PUBLIC BUILDING AND FACILITIES IMPROVEMENTS PROJECTS SCHEDULED FOR 2011/12 - 20015/16 SUMMARY BY YEAR &rojectr. L b Dept. 1 PBF1 Government Center Parking Garage CS $ 175,000 $ 2,000,000 Totals $ 175,000 $ 2,000,000 $ - $ TABLE 2 PROPOSED PUBLIC BUILDING AND FACILITIES IMPROVEMENTS PROJECTS SCHEDULED FOR 2011/12 - 20015/16 FUNDING PLAN pp • • Ift PBF1 Government Center Parking Garage CS $ 2,175,000 Totals $ 2,175,000 3 -13 F 1q= $ 2,175,000 - $ - $ 2,175,000 $ 2,175,000 $ 2,175,000 TABLE 1 PROPOSED COMMUNICATIONS AND COMPUTERS EQUIPMENT PROJECTS SCHEDULED FOR 2011/12- 2015/16 SUMMARY BY YEAR ICT1 ICT2 ICT3 ICT4 ICT5 ICT6 ICT7 ICT8 ICT9 ICT10 ICT11 ICT12 TABLE 2 PROPOSED COMMUNICATIONS AND COMPUTERS EQUIPMENT PROJECTS SCHEDULED FOR 2011/12- 2015/16 FUNDING PLAN Project Title A11F De Police Computers Systems <$5000 PD Central Computer System >$5000 IT Radios and E911 System - -. ACES Computer Equipment >$5000 - - IT I KIM! ICT1 Police Computers Systems <$5000 PD 110,000 100,000 114,000 120,000 173,000 617,000 ICT2 Central Computer System >$5000 IT 105,000 120,000 135,000 155,000 170,000 685,000 ICT3 Radios and E911 System PD 703,000 60,000 60,000 55,000 55,000 933,000 ICT4 Computer Equipment <$5000 ACES 105,000 71,500 99,000 86,000 88,000 449,500 ICT5 Computer Equipment >$5000 ACES 22,000 20,000 30,000 45,000 35,000 152,000 ICT6 Computer Equipment <$5000 IT 6,000 6,000 6,000 6,000 6,000 30,000 ICT7 Computer Equipment <$5000 F 2,000 2,000 2,000 6,000 2,000 14,000 ICT8 Computer Equipment <$5000 CM 4,000 0 2,000 - - 6,000 ICT9 Computer Equipment <$5000 CS 22,400 10,000 13,100 24,400 15,800 85,700 ICT10 Computer Equipment <$5000 CD 3,500 3,800 4,100 3,600 4,300 19,300 ICT11 Computer Equipment <$5000 AACC 0 5,000 6,000 6,500 - 17,500 ICT12 Computer Equipment CC 0 - - 3,000 - 3,000 Totals $1,082,900 $ 398,300 $ 471,200 $ 510,500 $ 549,100 $ 3,012,000 ICT1 ICT2 ICT3 ICT4 ICT5 ICT6 ICT7 ICT8 ICT9 ICT10 ICT11 ICT12 TABLE 2 PROPOSED COMMUNICATIONS AND COMPUTERS EQUIPMENT PROJECTS SCHEDULED FOR 2011/12- 2015/16 FUNDING PLAN Project Title A11F De Police Computers Systems <$5000 PD Central Computer System >$5000 IT Radios and E911 System PD Computer Equipment <$5000 ACES Computer Equipment >$5000 ACES Computer Equipment <$5000 IT Computer Equipment <$5000 F Computer Equipment <$5000 CM Computer Equipment <$5000 CS Computer Equipment <$5000 CD Computer Equipment <$5000 AACC Computer Equipment CC Totals P", -�'q Tota I 617,000 Cha rte r General School Fund Fund 617,000 685,000 685,000 933,000 933,000 449,500 449,500 152,000 152,000 30,000 30,000 14,000 14,000 6,000 6,000 85,700 85,700 19,300 19,300 17,500 17,500 3,000 3,000 $ 3,012,000 3 -14 $ 2,410,500 $ 601,500 TABLE 1 PROPOSED CAPITAL EQUIPMENT PURCHASE AND REPLACEMENT PROJECTS SCHEDULED FOR 2011/12 - 2015/16 SUMMARY BY YEAR CE1 CE2 CE3 CE4 CE5 CE6 CE7 2011/12 2 . . CE1 Vehicle Purchase & Replacements PD CE2 Equipment Purchase and Replacement >5000 PD CE3 Equipment Purchase and Replacement <5000 PD CE4 Equipment Purchase and Replacement >5000 CS CE5 Equipment Purchase and Replacement <5000 CS CE6 Equipment Purchase and Replacement >5000 AACC CE7 Equipment Purchase and Replacement >5000 CD 14,000 6 Totals 58,000 4 CE1 CE2 CE3 CE4 CE5 CE6 CE7 2011/12 2 2012/13 - - - - « «n, 430,000 4 449,100 3 384,100 4 410,000 3 395,000 2 2,068,200 120,000 8 88,000 7 74,000 1 100,000 7 79,000 4 461,000 21,500 4 49,800 1 16,400 2 26,900 2 24,100 1 138,700 14,000 6 6,000 5 58,000 4 45,500 5 55,500 1 179,000 2,500 2 2,000 2 2,500 1 19,500 6 6,500 3 33,000 18,500 - - - - - - 1 18,500 - - - - - - - 2 21,000 2 21,000 588,000 $ 613,400 $ 535,000 $ 601,900 $ 581,100 $ 2,919,400 TABLE 2 PROPOSED CAPITAL EQUIPMENT PURCHASE AND REPLACEMENT PROJECTS SCHEDULED FOR 2011/12 - 2015/16 FUNDING PLAN General De pt. # Total Fun d Vehicle Purchase & Replacements PD Equipment Purchase and Replacement >5000 PD Equipment Purchase and Replacement <5000 PD Equipment Purchase and Replacement >5000 CS Equipment Purchase and Replacement <5000 CS Equipment Purchase and Replacement >5000 AACC Equipment Purchase and Replacement >5000 CD Totals 2,068,200 2,068,200 461,000 461,000 138,700 138,700 179,000 179,000 33,000 33,000 18,500 18,500 21,000 21,000 2,919,400 3 -15 2,919,400 Totals 2,068,200 2,068,200 461,000 461,000 138,700 138,700 179,000 179,000 33,000 33,000 18,500 18,500 21,000 21,000 2,919,400 3 -15 2,919,400 2,919,400 3 -15 2,919,400 CITY OF AVENTURA CAPITAL OUTLAY 2011/12 IMPACT OF CAPITAL PROJECTS ON OPERATING BUDGET ROUTINEI ESTIMATED OBJECT CITY MANAGER ANNUAL USEFlJLE ANNUAL OPERATING BUDGET IMPACT CODE APPROVAL CAPITAL LIFE NO. CATEGORY RECAP 2011112 EXPENDITURE (YEARS) PERSONNEL OPERATING TOTAL 3 -16 Er 001 -80XX City Manager's Office - 05 -512 6402 Computer Equipment <$5,000 $ 4,000 Yes 4 $ - $ - $ - Finance -10 -513 6402 Computer Equipment <$5,000 2,000 Yes 4 - - - Information Technology. -12 -513 6401 Computer Equipment >$5,000 105,000 No 4 - - - 6402 Computer Equipment <$5,000 6,000 Yes 4 - - - Public Safety - 20- 521 6402 Computer Equipment <$5,000 110,000 No 4 - - - 6405 E911 Equipment 15,000 No 5 - - - 6407 Radio Purchase & Replace. 688,000 No 5 - - - 6410 Equipment >$5,000 120,000 No 5 - - - 6411 Equipment <$5,000 21,500 Yes 5 - - - 6450 Vehicles 430,000 Yes 4 - - - Community Development - 40 -524 6402 Computer Equipment <$5,000 3,500 Yes 4 - - - Community Services - 50- 539/541/572 6402 Computer Equipment <$5,000 223400 Yes 4 - - - 6410 Equipment >$5,000 14,000 Yes 5 - - - 6411 Equipment <$5,000 2,500 Yes 5 - - - 6301 Beautification Projects 7,800 No 5 - - - 6307 Street Lighting Improv. 300,000 No 10 - - - 6310 Aventura Founders Park 74,000 No 10 - - - Non - Departmental - 90 -590 6206 Gov't Center Garage Expansion 175,000 No 25 - - - 6999 Capital Reserve 15,193,488 N/A N/A N/A N/A N/A Total Capital $ 1712941188 $ - $ - $ - TRANSPORTATION AND STREET MAINTENANCE FUND 120 Community Services - 50 -541 6305 Road Resurfacing 608,000 Yes 10 - - - 6307 Street Lighting Improv. 200,000 Yes 10 - - - I&Otal Ca $ 808,000 $ - $ - $ - STORMWATER UTILITY FUND 410 Community Services - 538 6306 Drainage Improvements 200,000 Yes 10 - - - Total Capital $ 200,000 $ - $ - $ - IMPACT OF CAPITAL PROJECTS ON OPERATING BUDGET In the five year Capital Improvement Program there are no projects that have a significant impact on the City's operating budget. The majorityof the projects are considered maintenance of infrastructureorequipment replacement or purchase. 3 -16 + *OEM m 11.4pp m ilk rem m I Nm at 1p+� � i Aso a■ 7 IF w■ ■■ ;�■ �Ff oP GLOSSARY L� 4 -1 Account A term used to identify an individual asset, liability, expenditure control, revenue control, encumbrance control or fund balance. Accounting System The total structure of records and procedures which discover, record, classify, summarize and report information on the financial position and results of operations of a government or any of its funds, fund types, balanced account groups or organizational components. Accrual Recognizes the financial effect of transactions or events when they occur, regardless of the timing of related cash flows. Ad Valorem Taxes Taxes levied on all real and certain personal property, tangible and intangible, according to the property's assessed valuation. Amortization The reduction of debt through regular payments of principal and interest sufficient to retire the debt instrument at a predetermined date known as maturity. Appropriation An authorization granted by a legislative body to make expenditures and to incur obligations for specific purposes. An appropriation is limited in amount to the time it may be expended. Assessed Valuation A valuation set upon real estate or other property by the County Assessor and the State as a basis for levying taxes. 4 -2 Assets Cash, receivables or capital assets listed within the balance sheet. Balance Sheet Basic financial statement that describes the basis of accounting used in its preparation and presentation of a specified date in the entity's assets, liabilities and the remaining fund balance or fund equity. Balanced Budget A budget is balanced when current expenditures are equal to receipts. Bond A written promise, generally under seal, to pay a specified sum of money, called the face value, at a fixed time in the future, called the date of maturity and carrying interest at a fixed rate, usually payable periodically. Note: The difference between a note and a bond is that the latter usually runs for a longer period of time and requires greater legal formality. Bonded Debt That portion of indebtedness represented by outstanding bonds. Budget A plan of financial operation embodying an estimate of proposed expenditures for a given period and the proposed means of financing them. Used without any modifier, the term usually indicates a financial plan for a single fiscal year. Budget Calendar A schedule of key dates that the City utilizes to prepare, adopt and administer the budget. Budget Message A general discussion of the proposed budget as presented in writing by the budget- making authority to the legislative body. Budgetary Control The control or management of a government or enterprise in accordance with an approved budget for the purpose of keeping expenditures within the limitations of available appropriations and available revenues. Represents the level of control at which expenditures may not exceed budget. Any revisions that alter the total expenditures of a department must be approved by the City Commission. Capital Budget A plan of proposed capital outlays and the means of financing them for the current fiscal period. Capital Construction Fund A fund established to account for bond proceeds and expenditures associated with the purchase of properties to be to be utilized for public parks, cultural center and the permanent Government Center and Police Station. Capital Improvement Program (CIP) A plan for capital expenditures to be incurred each year over a fixed period of years to meet capital needs arising from the long -term work program or otherwise. It sets forth each project or other contemplated expenditure in which the government is to have a part and specifies the full resources estimated to be available to finance the projected expenditures. 4 -3 Capital Outlays Non - recurring expenditures of an infrequent or unusual nature which may result in the acquisition /addition to the City's fixed capital assets or infrastructure. Capital Project Fund A fund established to account for the acquisition and construction of major capital facilities other than those financed by proprietary and trust funds. Carryover An existing fund balance that is projected to be available for use in the City's annual budgeted expenditures. Chart of Accounts The classification system used by the City to organize the accounting for various funds. Contingency An appropriation of funds available to cover unforeseen events that occur during the fiscal year. These funds, if not used, lapse at year -end. This is not the same as fund balance. Current Assets Assets that one can reasonably expect to convert into cash, sell or consume through operations within one (1) year. Current Liabilities Obligation whose liquidation is expected to require the use of existing resources classified as current assets or the creation of other current liabilities. Debt Service The payment of principal and interest on borrowed funds such as bonds. Debt Service Fund A fund established to finance and account for the accumulation of resources for and the payment of, general long -term debt principal and interest. Also called a SINKING FUND. Debt Service Requirements The amounts of revenue which must be provided for a debt service fund so that all principal and interest payments can be made in full and on schedule. Depreciation (1) Expiration in service life of fixed assets, other than wasting assets, attributable to wear and tear through use and lapse of time, obsolescence, inadequacy, or other physical of functional cause. (2) The portion of the cost of a fixed asset charged as an expense during a particular period. Note: The cost of a fixed asset is prorated over the estimated service life of such asset and each period is charged with part of such cost so that ultimately the entire cost of the asset is charged off as an expense. In governmental accounting depreciation may be recorded in proprietary funds and trust funds where expenses, net income and /or capital maintenance are measured. Designated Funds that have been identified for a specific purpose. This differs from reserved funds, in that there is no legal requirement for funds that have been designated. Designated Fund Balance A fund balance that is not used in the City's plans for annual budgetary expenditures which has been segregated by Commission authorization for a specific purpose. Encumbrances Obligations in the form of purchase orders, contracts or salary commitments which are chargeable to an appropriation and for which a part of the appropriation is reserved. They cease to be encumbrances when paid or when the actual liability is set up. Enterprise Fund A fund established to finance and account for operations (1) that are financed and operated in a manner similar to private business enterprises where the intent of the governing body is that the costs (expenses, including depreciation) of providing goods or services to the general public on a continuing basis be financed or recovered primarily through user charges; or (2) where the governing body has decided that periodic determination of revenues earned, expenses incurred and /or net income is appropriate for capital maintenance, public policy, management control, accountability or other purposes. Examples of enterprise funds are those for utilities, swimming pools, airports, and solid waste services. Expenditures If the accounts are kept on the accrual basis this term designates total charges incurred, whether paid or unpaid, including expenses, provision for retirement of debt not reported as a liability of the fund from which retired and capital outlays. If they are kept on the cash basis, the term covers only actual disbursements for these purposes. Note: Encumbrances are not considered expenditures. Expenses Charges incurred, whether paid or unpaid, for operation, maintenance and interest and other charges which are presumed to benefit the current fiscal period. Note: Legal provisions sometimes make it necessary to treat as expenses charges whose benefits extend over future periods. For example, purchase of materials and supplies which may be used over a period of more than one (1) year and payments for insurance which may be used over a period of more than one (1) year and payments for insurance which is to be in force for a longer period than one (1) year frequently must be charged in their entirety to the appropriation of the year in which they are incurred and classified as expenses of that year even though their benefit extends to other periods. Fiscal Period Any period at the end of which a governmental unit determines its financial condition and the results of its operations and closes its books. Note: It is usually a year, though not necessarily a calendar yea r. Fiscal Year A twelve -month period of time to which the annual budget applies and at the end of which the City determines its financial position and results of operations. The City's fiscal year begins October 1 and ends September 30. Fixed Assets Land, buildings, machinery, furniture, or other equipment that have a useful life of more than one (1) year that cost more than $5,000. Franchise Fee Charges to service providers for exclusive /non - exclusive rights to operate within municipal boundaries. Examples include electric, gas, sanitation and towing. Fund An independent fiscal and accounting entity with a self - balancing set of accounts recording cash and /or other 4 -5 resources, together with all related liabilities, obligations, reserves and equities which are segregated for the purpose of carrying on specific activities or attaining certain objectives in accordance with special regulations, restrictions or limitations. Fund Accounts All accounts necessary to set forth the financial operations and financial condition of a fund. Fund Balance The excess of a fund's assets over its liabilities and reserves. General Fund The fund that is available for any legal authorized purpose and which is therefore used to account for all revenues and all activities except those required to be accounted for in another fund: Note: The General Fund is used to finance the ordinary operations of a governmental unit. Goal A statement of broad direction, purpose or intent based on the needs of the community. A goal is general and timeless; that is, it is not concerned with a specific achievement in a given period. Grant A contribution by one (1) governmental unit to another. The contribution is usually made to aid in the support of a specified function (e.g., education), but is sometimes also made for general purposes. Income This term is used in accounting for governmental enterprises and represents the excess of the revenues earned over the expenses incurred in carrying on particular phases of an enterprise's activities. As indicated elsewhere, the excess of the total revenues over the total expenses of the utility for a particular accounting period is called "net income." Infrastructure Public domain fixed assets including roads, bridges, curbs, gutters, sidewalks, drainage systems, lighting systems and other items that have value only to the City. Interest Income Revenue generated through the investment of fund balances. Interfund Transfers Administrative fees charged to other City funds for the provision of administration and other City services. Intergovernmental Revenue Revenue received from or through the Federal, State or County government, including State Revenue Sharing, Alcoholic Beverage Tax, Sales Tax and Gasoline Taxes. Internal Service Fund A fund established to finance and account for services and commodities furnished by a designated department or agency to other departments or agencies within a single governmental unit or to other governmental units. Amounts expended by the fund are restored thereto, either from operating earnings or by transfers from other funds, so that the original fund's capital is kept intact. Inventory A detailed list showing quantities, descriptions, property values, units of measure and unit prices. Note: The term is often confined to consumable supplies but may also cover fixed assets. Liabilities Debts or obligations owed by one (1) entity to another entity payable in money, goods or services. Mill A taxation unit equal to one dollar of tax obligation for every $1,000 of assessed property value. Millage The total tax obligation per $1,000 of assessed property value. Mission Statement The statement that identifies the particular purpose and function of a department. Net Current Assets Excess value of securities, cash, receivables and other assets over the liabilities of the fund. Non - Departmental Activities, revenues and expenditures that are not assigned to a department. Objective Something to be accomplished in specific, well- defined and measurable terms and that is achievable within a specific time frame. Operating Budget A budget for general revenues and expenditures such as salaries, utilities and supplies. Ordinance A formal legislative enactment by the governing board of a municipality. Performance Budget A budget wherein expenditures are based primarily upon measurable performance of activities and work programs. Performance Workload Indicators Data collected to determine how effective and /or efficient a program is in achieving its objectives. Police Education Fund A special revenue fund used to account for revenues pursuant to Florida Statute 943.25 which allows municipalities to collect two dollars ($2.00) from each traffic citation for the purpose of criminal justice education and training for police officers. Police Offduty Services Fund A special revenue fund used to account for revenues and expenditures associated with services provided by off duty police officers in private customer details to the various businesses and condominium associations. Property Tax A tax levied on the assessed value of real and personal property. This tax is also known as ad valorem tax. Reserves The City's current year budgeted funds that are not planned to be expended. These reserves may "carryover" into the available fund balance of subsequent years. Retained Earnings The net value and accumulated annual financial resources of the City's Enterprise Fund. This balance also reflects the undepreciated values (or "book value ") of 4 -7 the Fund's fixed assets such as automobiles, equipment and buildings. Revenues Increases in governmental fund type net current assets from other than expenditure refunds and residual equity transfers. Rolled -Back Rate The operating millage rate required to raise the same ad valorem tax revenues as were levied in a prior year, exclusive of new construction, additions to structures, deletions and property added (e.g., annexations). Sales Tax Tax imposed on the purchase of goods and services. Special Revenue Fund A fund used to account for the proceeds of specific revenue sources that are legally restricted to expenditure for specified purposes. Taxable Value The assessed value less homestead and other exemptions, if applicable. Taxes Compulsory charges levied by a government for the purpose of financing services performed for the common benefit. This term does not include specific charges made against particular persons or property for current or permanent benefits such as special assessments. Transportation and Street Maintenance Fund A special revenue fund to account for restricted revenues and expenditures which by Florida Statutes are designated for street maintenance and construction costs. Truth in Millage The Florida Truth in Millage Act ( "TRIM ") serves to formalize the property tax levying process by requiring a specific method of tax rate calculation form of notice, public hearing requirements and advertisement specifications prior to the adoption of a budget tax rate. The effect of TRIM is to inform taxpayers that their property taxes are changing (up or down), the cause (a change in the assessed value of their property and /or an increase in the proposed spending level) and how the proposed new tax rate compares to the rate that would generate the same property tax dollars as the current year (the "rolled- back" rate). Unencumbered The portion of an allotment not yet expended or encumbered. Useful Life The period of time that a fixed asset is expected to operate. This can refer to a budgeted period of time for an equipment class or the actual amount of time for a particular item. User Charges or Fees The payment of a fee for direct receipt of public service by the party benefiting from the service. Utility Service Tax Taxes levied on consumer consumption of utility services provided in the City. The tax is levied as a percentage of gross receipts r r a ORDINANCE NO. 2011- AN ORDINANCE OF THE CITY OF AVENTURA, FLORIDA, ADOPTING THE ATTACHED TENTATIVE OPERATING AND CAPITAL BUDGET, AS REVIEWED AND APPROVED BY CITY COMMISSION AT THE REVIEW MEETING HELD ON JULY 21, 2011, AS THE CITY OF AVENTURA FINAL BUDGET FOR THE 2011/2012 FISCAL YEAR, PURSUANT TO SECTION 4.05 OF THE CITY CHARTER; AUTHORIZING EXPENDITURE OF FUNDS ESTABLISHED BY THE BUDGET; PROVIDING FOR BUDGETARY CONTROL; PROVIDING FOR PERSONNEL AUTHORIZATION; PROVIDING FOR GIFTS AND GRANTS; PROVIDING FOR AMENDMENTS; PROVIDING FOR PROCEDURES REGARDING ENCUMBRANCES AND THE RE- APPROPRIATION OF UNEXPENDED CAPITAL APPROPRIATIONS; ESTABLISHING THE COMMITTED FUND BALANCE FOR CAPITAL RESERVE; PROVIDING FOR SEVERABILITY AND PROVIDING FOR AN EFFECTIVE DATE. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AS FOLLOWS: Section 1. The tentative 2011/2012 Operating and Capital Improvement Program Budget, reviewed and approved by the City Commission on July 21, 2011, a copy of said budget being attached hereto and made a part hereof as specifically as if set forth at length herein, be and the same is hereby established and adopted as the City of Aventura's final budget for the 2011/2012 fiscal year. The tentative budget adopted hereby may be amended or adjusted by a motion approved by a majority vote of the City Commission at the public hearings in accordance with State Statutes. Section 2. Expenditure of Funds Appropriated in the Budget Authorized. Funds appropriated in the Budget may be expended by and with the approval of the City Manager in accordance with the provisions of the City Charter and applicable law. Funds of the City shall be expended in accordance with the appropriations provided in the Ordinance No. 2011 Page 2 Budget adopted by this Ordinance and shall constitute an appropriation of the amounts specified therein. Supplemental appropriations or the reduction of appropriations, if any, shall be made in accordance with Section 4.07 of the City Charter. Section 3. Budgetary Control. The 2011/2012 Operating and Capital Outlay Budget establishes a limitation on expenditures by department total. Said limitation requires that the total sum allocated to each department for operating and capital expenses may not be increased or decreased without specific authorization by a duly - enacted Resolution affecting such amendment or transfer. Therefore, the City Manager may authorize transfers from one individual line item account to another, so long as the line item accounts are within the same department and fund. Section 4. Personnel Authorization. The "Personnel Allocation Summary" included within each department budget enumerates all authorized budgeted positions for appointment by the City Manager. All personnel filling said authorized positions shall be paid pursuant to the City's Budget, Personnel Policies and /or collective bargaining agreements. Section 5. Grants and Gifts. When the City of Aventura receives monies from any source, be it private or governmental, by Grant, Gift, or otherwise, to which there is attached as a condition of acceptance any limitation regarding the use or expenditures of the monies received, the funds so received need not be shown in the Operating Budget nor shall said budget be subject to amendment of expenditures as a result of the receipt of said monies, but said monies shall only be disbursed and applied toward the purposes K Ordinance No. 2011 Page 3 for which the said funds were received. To ensure the integrity of the Operating Budget, and the integrity of the monies received by the City under Grants or Gifts, all monies received as contemplated above must, upon receipt, be segregated and accounted for based upon generally accepted accounting principles and where appropriate, placed into separate and individual trust and /or escrow accounts from which any money drawn may only be disbursed and applied within the limitations placed upon the Gift or Grant as aforesaid. Section 6. Amendments. Upon the passage and adoption of the 2011/2012 fiscal year Budget for the City of Aventura, if the City Manager determines that an Operating Department Total or a Capital Outlay Line Item will exceed its original appropriation, the City Manager is hereby authorized and directed to prepare such Resolutions as may be necessary and proper to modify any line item from the Budget hereby. Section 7. Encumbrances. 1. All outstanding encumbrances for operating expenditures at September 30, 2011 shall lapse at that time; and, 2. All outstanding encumbrances for Capital Expenditures as of September 30, 2011 shall lapse at that time; and, that all unexpended Capital appropriations, including outstanding encumbrances, may be added, at the City Manager's discretion, to the corresponding 2010/2011 available balances and be simultaneously re- appropriated for capital expenditures, as previously approved in the 2010/2011 fiscal year; and, 3. It is contemplated and acknowledged that the possible addition of available Capital balances in the General Fund and other Funds and their simultaneous re- appropriation, at the City Manager's discretion, under this Section shall not be interpreted or construed as an increase in revenues available for appropriation under Section 4.07 of the City Charter or as a variation of the total budget under Section 6 of the City's Original Budget Ordinance. 41 Ordinance No. 2011 -08 Page 4 Section 8. Committed Fund Balance. The Committed Fund Balance to be utilized for the Capital Reserve, as established in the 2011/2012 Budget, is $15,193,488 (effective September 30, 2011). Section 9. Severability. The provisions of this Ordinance are declared to be severable and if any section, sentence, clause or phrase of this Ordinance shall for any reason be held to be invalid or unconstitutional, such decision shall not affect the validity of the remaining sections, sentences, clauses, and phrases of this Ordinance but they shall remain in effect, it being the legislative intent that this Ordinance shall stand notwithstanding the invalidity of any part. Section 10. Effective Date. This Ordinance shall be effective immediately upon adoption on second reading. The foregoing Ordinance was offered by Commissioner , who moved its adoption on first reading. This motion was seconded by Commissioner , and upon being put to a vote, the vote was as follows: Commissioner Bob Diamond Commissioner Teri Holzberg _ Commissioner Billy Joel Commissioner Michael Stern _ Commissioner Luz Urbaez Weinberg _ Vice Mayor Zev Auerbach Mayor Susan Gottlieb _ The foregoing Ordinance was offered by Commissioner , who moved its adoption on second reading. This motion was seconded by Commissioner _ and upon being put to a vote, the vote was as follows: Commissioner Bob Diamond Commissioner Teri Holzberg Commissioner Billy Joel Commissioner Michael Stern _ Commissioner Luz Urbaez Weinberg Vice Mayor Zev Auerbach _ Mayor Susan Gottlieb 4 Ordinance No. 2011 Page 5 PASSED AND ADOPTED on first reading this 13th day of September, 2011. PASSED AND ADOPTED on second reading this 21St day of September, 2011. Susan Gottlieb, Mayor ATTEST: Teresa M. Soroka, MMC City Clerk Approved as to Form and Legal Sufficiency: City Attorney 5