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2011-10ORDINANCE NO. 2011 -10 AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AMENDING ORDINANCE NO. 2011 -05, WHICH ORDINANCE ADOPTED A CHARTER SCHOOL OPERATING AND CAPITAL BUDGET FOR THE AVENTURA CITY OF EXCELLENCE SCHOOL FOR FISCAL YEAR 2011/2012 (JULY 1 — JUNE 30) BY REVISING THE 2011/2012 FISCAL YEAR BUDGET DOCUMENT AS OUTLINED IN EXHIBIT "A" ATTACHED HERETO; AUTHORIZING THE CITY MANAGER TO DO ALL THINGS NECESSARY TO CARRY OUT THE AIMS OF THIS ORDINANCE; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, upon the periodic review and analysis of current budgetary commitments and obligations, and based upon the projected needs and requirements of the Aventura City of Excellence School and upon the recommendations of the City Manager (and the concurrence of the Finance Director as to Accounting Principles), it is deemed necessary to adjust, amend and implement the 2011/2012 Operating and Capital Budget of the Aventura City of Excellence School as set forth in Exhibit "A" attached hereto and made a part hereof. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AS FOLLOWS: Section 1. The recitals contained in the preamble to this Ordinance are incorporated by reference herein. Section 2. The City Commission hereby authorizes the amendment of Ordinance No. 2011 -05, which Ordinance adopted a budget for the 2011/2012 fiscal year for the Aventura City of Excellence School by revising the 2011/2012 budget as Ordinance No. 2011 -10 Page 2 set forth on the attached Exhibit "A ", which exhibit is deemed incorporated by reference as though set forth in full herein. Section 3. The City Manager is hereby authorized to do all things necessary to carry out the aims of this Ordinance. Section 4. Effective Date. This Ordinance shall be effective immediately upon adoption on second reading. The foregoing Ordinance was offered by Vice Mayor Joel, who moved its adoption on first reading. This motion was seconded by Commissioner Diamond, and upon being put to a vote, the vote was as follows: Commissioner Zev Auerbach yes Commissioner Bob Diamond yes Commissioner Teri Holzberg yes Commissioner Michael Stern yes Commissioner Luz Urbaez Weinberg absent Vice Mayor Billy Joel yes Mayor Susan Gottlieb yes The foregoing Ordinance was offered by Commissioner Holzberg, who moved its adoption on second reading. This motion was seconded by Commissioner Diamond, and upon being put to a vote, the vote was as follows: Commissioner Zev Auerbach yes Commissioner Bob Diamond yes Commissioner Teri Holzberg yes Commissioner Michael Stern yes Commissioner Luz Urbaez Weinberg absent Vice Mayor Billy Joel yes Mayor Susan Gottlieb yes 2 Ordinance No. 2011 -_0 Page 3 PASSED AND ADOPTED on first reading this 1St day November, 2011. PASSED AND ADOPTED on second reading this 17th day of November, 2011. SAN GOTTLIEB, MAYOR ATTEST: T RESA WSPROKA, MMC C CLER J APPROVED AS TO LEGAL SUFFICIENCY: J [I, r CITY ATTORNEY w EXHIBIT A Budget Amendments CHARTER SCHOOL FUND 190 2011/12 2011112 OBJECT ADOPTED AMENDED CODE CATEGORY BUDGET AMOUNT Revenues State Shared Revenues 3359100 Florida Education Finance Program SUBTOTAL Misc. Income 3661900 Misc. Revenues 3999000 Beginning Surplus SUBTOTAL Total Amendments- Revenues Expenditures K -3 2301 Health SUBTOTAL 4to8 2301 Health SUBTOTAL 2011112 REVISED BUDGET 5,832 000 (306,000) 5,526,000 $ 5,832,000 $ (306,000) $ 5,526,000 $ 110,000 $ 5,000 $ 115,000 399,935 10,000 409,935 $ 509,935 $ 15,000 $ 524,935 $ 179,055 $ (86,000) $ 93,055 $ 179,055 $ (86,000) $ 93,055 $ 210,733 $ (120,000) $ 90,733 $ 210,733 $ (120,000) $ 90,733 School Admin 1260 Other Support Personnel $ 202,342 $ (13,000) $ 189,342 SUBTOTAL $ " 202,342 $ (13,000) $ 189,342 Operation of Plant 3148 Planning/Management Fee -CSUSA $ 336,000 $ (12,000) $ 324,000 5901 Contingency 100,000 $ (35,000) $ 65,000 SUBTOTAL $ 436,000 $' (47,000) $ 389,000 Capital Outlay 6402 Computer Equipment $ 100,500 $ (25,000) $ 75,500 SUBTOTAL $ 100,500 $ (25,000) $ 75,500 Total Amendments - Expenditures