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2015-03 Amending FY 2014/2015 Charter School Budget ORDINANCE NO. 2015-03 AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AMENDING ORDINANCE NO. 2014-07, WHICH ORDINANCE ADOPTED A CHARTER SCHOOL OPERATING AND CAPITAL BUDGET FOR THE AVENTURA CITY OF EXCELLENCE SCHOOL FOR FISCAL YEAR 2014/2015 (JULY 1 — JUNE 30) BY REVISING THE 2014/2015 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 2014/2015 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. 2014-07, which Ordinance adopted a budget for the 2014/2015 fiscal year for the Aventura City of Excellence School by revising the 2014/2015 budget as set forth on the attached Exhibit "A", which exhibit is deemed incorporated by reference as though set forth in full herein. City of Aventura Ordinance No. 2015-03 Page 2 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 Commissioner Weinberg, 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 Narotsky, who moved its adoption on second reading. This motion was seconded by Commissioner Cohen, 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 7th day of April, 2015. PASSED AND ADOPTED on second reading this 16th day of April, 2015. City of Aventura Ordinance No. 2015-03 Page 3 _ /_/ ray ENID WEISMAN, MAYOR FLO�� ATTEST: ELLISA L. HORVATH, MM , CITY CLERK APPROVED AS TO LEGAL SUFFICIENCY CITY ATTORNEY EXHIBIT A Budget Amendments CHARTER SCHOOL FUND 190 2014/15 2014/15 2014/15 OBJECT ADOPTED AMENDED REVISED CODE CATEGORY BUDGET AMOUNT BUDGET Revenues State Shared Revenues 3359100 Florida Education Finance Program 6,380,297 290,049 6,670,346 SUBTOTAL $ 6,380,297 $ 290,049 $ 6,670,346 Other Non-Revenues 3999000 Beginning Surplus $ 126,886 $ (126,886) $ - SUBTOTAL $ 126,886 $ (126,886) $ - Total Amendments-Revenues 1616 ' Expenditures Operation of Plant 3149 MDCSB Aministrative Fee $ 32,000 $ 104,175 $ 136,175 4635 Repairs & Maintenace 84,000 40,000 124,000 5901 Contingency 85,000 18,988 103,988 SUBTOTAL $ 201,000 $ 163,163 $ 364,163 ................. .... ...................... Total Amendments-Expenditures