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2015-02 Amending 2014/2015 Budget ORDINANCE NO. 2015-02 AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AMENDING ORDINANCE NO. 2014-10 WHICH ORDINANCE ADOPTED A BUDGET FOR THE 2014/2015 FISCAL YEAR BY REVISING THE 2014/2015 FISCAL YEAR OPERATING AND CAPITAL BUDGET 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 City 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 2014/2015 Operating and Capital Budget 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. 2014-10, which Ordinance adopted a budget for the 2014/2015 fiscal year, by revising the 2014/2015 budget as set forth on the attached Exhibit "A" which exhibits are 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. City of Aventura Ordinance No. 2015-02 Page 2 Section 4. Effective Date. This Ordinance shall be effective immediately upon adoption on second reading and shall be applicable retroactively from and after October 1 , 2014. The foregoing Ordinance was offered by Commissioner Shelley, who moved its adoption on first reading. This motion was seconded by Commissioner Narotsky, and upon being put to a vote, the vote was as follows: Commissioner Enbar Cohen Yes Commissioner Denise Landman Yes Commissioner Marc Narotsky Yes Commissioner Robert Shelley Yes Commissioner Howard Weinberg Yes Vice Mayor Teri Holzberg Yes Mayor Enid Weisman Yes The foregoing Ordinance was offered by Commissioner Vice Mayor Holzberg, who moved its adoption on second reading. This motion was seconded by Commissioner Shelley, and upon being put to a vote, the vote was as follows: Commissioner Enbar Cohen Yes Commissioner Denise Landman Yes Commissioner Marc Narotsky Yes Commissioner Robert Shelley Yes Commissioner Howard Weinberg Yes Vice Mayor Teri Holzberg Yes Mayor Enid Weisman Yes PASSED AND ADOPTED on first reading this 3rd day of March, 2015. City of Aventura Ordinance No. 2015-Pcl- Page 3 PASSED AND ADOPTED on second reading this 7th day of April, 2015. MAYOR ENID WEISMAN i .\ ATTEST: ELLISA L. HORVAT C CITY CLERK APPROVED AS TO LEGAL SUFFICIE CY: /1/)'rrl 1`-iu- j/\/\ CITY ATTORNEY Exhibit A FY 2014/15 Budget Amendments GENERAL FUND (001) 2014/15 2014/15 2014/15 OBJECT ADOPTED AMENDED REVISED CODE CATEGORY BUDGET AMOUNT BUDGET Revenues Non-Revenue 3999000 Carryover $ 16,414,538 $ 602,475 $ 17,017,013 SUBTOTAL $ 16,414,538 $ 602,475 $ 17,017,013 Total Amendments - Revenues $ 602,475 Expenditures Capital Outlay/Information Technology(8012-513) 6401 Computer Equipment>S5,000 $ 227,400 S 371,498 $ 598.898 SUBTOTAL $ 227,400 $ 371,498 $ 598,898 Capital Outlay/Public Safety(8020-5211 6401 Computer Equipment>$5,000 $ 263,352 $ 1,510 $ 264,862 6402 Computer Equipment<$5,000 149,612 55,000 204,612 6410 Equipment>$5,000 139,497 49,033 188,530 SUBTOTAL $ 552,461 $ 105,543 $ 658,004 Capital Outlay/Community Development(8040-524) 6402 Computer Equipment<$5,000 $ 3,500 $ 90,145 $ 93,645 SUBTOTAL $ 3,500 $ 90,145 $ 93,645 Capital Outlay/Community Services (8050-539/541/572) 6310 Aventura Founders Park $ 28,000 $ 25,000 $ 53,000 SUBTOTAL $ 28,000 $ 25,000 $ 53,000 Non-Departmental -(8090-590) 6454 Art in Public Places $ - $ 30,000 $ 30,000 SUBTOTAL $ - $ 30,000 $ 30,000 Non Departmental/Transfers (9001-581) 9123 Transfer to 1999 Debt Service Fund (230) $ 1,199,453 $ (12,205) $ 1,187,248 9125 Transfer to 2012 Debt Service Fund (250) 403,912 (7,506) 396,406 SUBTOTAL $ 1,603,365 $ (19,711) $ 1,583,654 Total Amendments - Expenditures $ 602,475 Page 1 of 3 Exhibit A POLICE EDUCATION FUND (110) 2014/15 2014/15 2014/15 OBJECT ADOPTED AMENDED REVISED CODE CATEGORY BUDGET AMOUNT BUDGET Revenues Non-Revenue 3999000 Carryover $ - $ 1,120 $ 1,120 SUBTOTAL $ - $ 1,120 $ 1,120 Total Amendments - Revenues $ 1,120 Expenditures Public Safety(2001-521) 5450 Training $ 7,000 $ 1,120 $ 8,120 SUBTOTAL $ 7,000 $ 1,120 $ 8,120 Total Amendments - Expenditures $ 1,120 TRANSPORTATION AND STREET MAINTENANCE FUND (120) 2014/15 2014/15 2014/15 OBJECT ADOPTED AMENDED REVISED CODE CATEGORY BUDGET AMOUNT BUDGET Revenues Non-Revenue 3999000 Carryover $ 1,400,940 $ 812,540 $ 2,213,480 SUBTOTAL $ 1,400,940 $ 812,540 $ 2,213,480 Total Amendments - Revenues $ 812,540 Expenditures Community Services(5001-541) 6314 NE 185th St.Turning Lane Modifications $ - $ 225,000 $ 225,000 6315 Country Club Drive Path Asphalt Repairs - 90,000 90,000 6999 Capital Reserve 685,315 497,540 1,182,855 SUBTOTAL $ 685,315 $ 812,540 $ 1,497,855 Total Amendments - Expenditures $ 812,540 911 FUND (180) 2014/15 2014/15 2014/15 OBJECT ADOPTED AMENDED REVISED CODE CATEGORY BUDGET AMOUNT BUDGET Revenues Non-Revenue 3999000 Carryover $ 65,000 $ (19,720) $ 45,280 SUBTOTAL $ 65,000 $ (19,720) $ 45,280 Total Amendments - Revenues $ (19,720) Expenditures Public Safety(2001-5211 6999 Capital Reserve $ 30,200 $ (19,720) $ 10,480 SUBTOTAL $ 30,200 $ (19,720) $ 10,480 Total Amendments - Expenditures $ (19,720) Page 2 of 3 Exhibit A DEBT SERVICE FUND SERIES 2010 & 2011 (230) 2014/15 2014/15 2014/15 OBJECT ADOPTED AMENDED REVISED CODE CATEGORY BUDGET AMOUNT BUDGET Revenues Non-Revenue 3811001 Transfer from General Fund $ 1,199,453 $ (12,205) $ 1,187,248 3999000 Carryover - 12,205 12,205 SUBTOTAL $ 1,199,453 $ - $ 1,199,453 Total Amendments - Revenues $ - DEBT SERVICE FUND SERIES 2012 CHARTER SCHOOL LAND ACQUISITION (250) 2014/15 2014/15 2014/15 OBJECT ADOPTED AMENDED REVISED CODE CATEGORY BUDGET AMOUNT BUDGET Revenues Non-Revenue 3811001 Transfer from General Fund $ 403,912 $ (7,506) $ 396,406 3999000 Carryover - 7,506 7,506 SUBTOTAL $ 403,912 $ - $ 403,912 Total Amendments - Revenues $ - CAPITAL PROJECTS FUND (392) 2014/15 2014/15 2014/15 OBJECT ADOPTED AMENDED REVISED CODE CATEGORY BUDGET AMOUNT BUDGET Revenues Non-Revenue 3999000 Carryover-Public Safety $ 469,891 $ (443,993) $ 25,898 3999000 Carryover-Community Services 1,045,933 (12,192) 1,033,741 SUBTOTAL $ 1,515,824 $ (456,185) $ 1,059,639 Total Amendments - Revenues $ (456,185) Expenditures Public Safety(2001-521) 6320 TVMS Upgrades $ 1,200,000 $ (442,500) $ 757,500 6999 Capital Reserve- Public Safety 27,391 (1,493) 25,898 Community Services (5001-5211 6999 Capital Reserve-Community Services 923,433 (12,192) 911,241 SUBTOTAL $ 2,150,824 $ (456,185) $ 1,694,639 Total Amendments - Expenditures $ (456,185) Page 3 of 3