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09-08-2015 1st Budget HearingCity Commission Enid Wen,rliaw lllayor Enbar Coilien, Wiese Mayor Tern Flolzberu, Coiiiii1issioner Define ILaiio]liiiaii� C'oiiinin „Honer Marc Narolk ky Commissioner Robert Shelley, Commissioner IPlo aro]I City Manager Erie Al. Soroka, ICII��Cl2 City Clerk E1 ,a IL. llorvatli, 12110 City Attomey Weiss Scrota Iplel%iiaii Cole & 1Pieriitan CITY COMMISSION MEETING AGENDA SEPTEMBER 8, 2015 6:00 P.M. Aventura Government Center 19200 West Country Club Drive Aventura, Florida 33180 1. CALL TO ORDER \ROLL CALL 2. PLEDGE OF ALLEGIANCE 3. PUBLIC HEARINGS: ORDINANCES: FIRST READING - 2015/2016 BUDGET 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 9.79% ABOVE THE ROLLED BACK RATE COMPUTED PURSUANT TO STATE LAW, FOR THE 2015 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 16, 2015, AS THE CITY OF AVENTURA FINAL BUDGET FOR THE 2015/2016 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 AVENTURA CITY COMMISSION MEETING AGENDA SEPTEMBER 8, 2015 PAGE 2 This meeting is open to the public. In accordance with the Americans with Disabilities Act of 1990, all 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 and may participate at the meeting. 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 _anager DATE: August 31, 2015 SUBJECT: Ordinance Adopting Ad Valorem Tax Rate for Fiscal Year 2015/16 1st Reading September 8, 2015 City Commission Meeting Agenda Item 3- 2"d Reading September 16, 2015 City Commission Meeting Agenda Item Attached for your approval is an Ordinance adopting the ad valorem tax rate for fiscal year 2015/16. RECOMMENDATION It is recommended that the City Commission adopt a millage rate of 1.7261 for fiscal year 2015/16. This rate includes no increase. This will generate $14,913,874 based on an assessed value of $9,094,962,102. If you have any questions, please feel free to contact me. EMS/act Attachment ORDINANCE NO. 2015- 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 9.79% ABOVE THE ROLLED BACK RATE COMPUTED PURSUANT TO STATE LAW, FOR THE 2015 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 2015 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 2015/2016 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 2015 tax year, or $1.7261 per thousand dollars of taxable assessed property value. Said rate is greater than the rolled back rate of 1.5722 mils by 9.79%. 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. 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 City of Aventura Ordinance No. 2015-_ Page 2 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. The motion was seconded by Commissioner , and, upon being put to a vote, the vote was as follows: Commissioner Teri Holzberg — Commissioner Denise Landman — Commissioner Marc Narotsky — Commissioner Robert Shelley — Commissioner Howard Weinberg Vice Mayor Enbar Cohen Mayor Enid Weisman 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 Teri Holzberg Commissioner Denise Landman Commissioner Marc Narotsky Commissioner Robert Shelley Commissioner Howard Weinberg Vice Mayor Enbar Cohen Mayor Enid Weisman PASSED on first reading this 8th day of September, 2015. PASSED AND ADOPTED on second reading this 16th day of September, 2015. City of Aventura Ordinance No. 2015- Page 3 ENID WEISMAN, MAYOR ATTEST: ELLISA L. HORVATH, MMC CITY CLERK APPROVED AS TO LEGAL SUFFICIENCY: CITY ATTORNEY CITY OF AVENTURA OFFICE OF THE CITY MANAGER MEMORANDUM TO: City Commission FROM: Eric M. Soroka, ICMA-CM, Ci#�fana DATE: August 31, 2015 SUBJECT: Ordinance Adopting 2015/2016 Operating and Capital Budget 1st Reading September 8, 2015 City Commission Meeting Agenda Item 3.S 2"d Reading September 16, 2015 City Commission Meeting Agenda Item Attached for your consideration is the adopting Ordinance and documentation for the 2015/16 Operating and Capital Budget. The Ordinance format is similar to the one utilized to adopt the 2014/15 fiscal year. If you have any questions, please feel free to contact me. EMS/act Attachment ORDINANCE NO. 2015- 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 16, 2015, AS THE CITY OF AVENTURA FINAL BUDGET FOR THE 2015/2016 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 2015/2016 Operating and Capital Improvement Program Budget, reviewed and approved by the City Commission on July 16, 2015, 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 2015/2016 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 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. City of Aventura Ordinance No. 2015- Page 2 Section 3. Budgetary Control. The 2015/2016 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 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 City of Aventura Ordinance No. 2015- Page 3 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 2015/2016 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, 2015 shall lapse at that time; and, 2. All outstanding encumbrances for Capital Expenditures as of September 30, 2015 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 2014/2015 available balances and be simultaneously re- appropriated for capital expenditures, as previously approved in the 2014/2015 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. Section 8. Committed Fund Balance. The Committed Fund Balance to be utilized for the Capital Reserve, as established in the 2015/2016 Budget, is $16,405,561 (effective September 30, 2015). 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 City of Aventura Ordinance No. 2015- Page 4 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. The motion was seconded by Commissioner , and upon being put to a vote, the vote was as follows: Commissioner Teri Holzberg Commissioner Denise Landman Commissioner Marc Narotsky Commissioner Robert Shelley Commissioner Howard Weinberg Vice Mayor Enbar Cohen Mayor Enid Weisman 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 Teri Holzberg Commissioner Denise Landman Commissioner Marc Narotsky Commissioner Robert Shelley Commissioner Howard Weinberg Vice Mayor Enbar Cohen Mayor Enid Weisman City of Aventura Ordinance No. 2015- Page 5 PASSED on first reading this 8th day of September, 2015. PASSED AND ADOPTED on second reading this 16th day of September, 2015. ENID WEISMAN, MAYOR ATTEST: ELLISA L. HORVATH, MMC CITY CLERK APPROVED AS TO LEGAL SUFFICIENCY: CITY ATTORNEY it � � c f Al OPERATING AND CAPITAL BUDGET FISCAL YEAR 2015/16 OPERATING AND CAPITAL BUDGET FISCAL YEAR 2015/16 CITY OF AVENTURA CITY COMMISSION Mayor Enid Weisman Commissioner Enbar Cohen Commissioner Teri Holzberg Commissioner Denise Landman Commissioner Marc Narotsky Commissioner Robert Shelley Commissioner Howard Weinberg CITYMANAGER Eric M. Soroka, ICMA - CM DEPARTMENT DIRECTORS Weiss Serota Helfman Cole &Bierman, P.A., City Attorney Robert M. Sherman, Community Services Director Joanne Carr, Community Development Director Karen J. Lanke, Information Technology Director Steven Steinberg, Police Chief Julie Alm, Principal Charter School Brian K. Raducci, Finance Director Steven Clark, Arts &Cultural Center General Manager Ellisa Horvath, City Clerk CITY OF AVENTURA OPERATING AND CAPITAL BUDGET FISCAL YEAR 2015/16 TABLE OF CONTENTS TOPIC PAGE NO. City Manager's Budget Message I -X111 Organization Chart/ Mission Statement XIV Distinguished Budget Presentation Award XV 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 -12 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 -45 Public Safety Department 2 -52 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 -90 911 FUND 2 -95 DEBT SERVICE FUNDS 2 -99 CAPITAL PROJECTS FUND 2 -113 STORMWA TER UTILITY FUND 2 -117 POLICE OFFDUTY SERVICES FUND 2 -121 SUMMARY OF CAPITAL IMPROVEMENT PROGRAM 3 -1 2015 -2020 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 GLOSSARY 4 -1 APPENDIX A 4 -9 Citv o f i {+ ii�ar T�j I ;.x i -• t . urrmnrncnt Centcr YE RS 192M wcb-t Colintry Club Drive Cg���T��� Cp + A-- x --Rwra, Florida 33180 Office of the City Manager August 21, 2015 The Honorable Mayor and City Commission City of Aventura Aventura, Florida 33180 RE: 2015/16 Budget Message Addendum Members of the City Commission: On July 7, 2015 the City Manager's Proposed Operating and Capital Budget for all funds for the fiscal year beginning October 1, 2015 was presented to the City Commission. A Budget review meeting was held on July 16, 2015, whereby the City Commission reviewed, discussed and approved the proposed budget as presented. Enclosed herein is the 2015/16 fiscal year budget. Respectfully submitted, Eric M. Soroka City Manager C"ty of A�� I ura Av 'n.t 1 _� 19 100 Went C yam Upb Dries WE L1�� Office of the City Manager July 7, 2015 The Honorable Mayor and City Commission City of Aventura Aventura, Florida 33180 RE: 2015/16 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, 2015, 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. It also represents the City's commitment to providing the highest level of City services to maximize the quality of life for its citizens, businesses and visitors. The proposed budget provides the resources to maintain our quality municipal services and facilities that make Aventura a premier community to live, work and play. This document serves as an aid to the residents in providing a better understanding of the City's operating and fiscal programs. Budget Format/Transparency This single budget document, which includes all City Funds and service programs, has been prepared to provide the public with a comprehensive and transparent 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. In order to further our efforts to inform our residents how revenue is collected and spent on city services, a new page has been added to the City's Website that provides great depth into the City's budget by utilizing easy to view charts and graphs. Users can track budget performance throughout the year and compare data to prior years. 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. 2015/16 Budget Priorities /Goals Earlier this year, the City Commission adopted the following goals /priorities to focus on over the next few years: 1. Work with MDCSB to address High School capacity issues by reviewing all alternatives. 2. Continue to explore alternate transportation modes to alleviate traffic and support pedestrian and bicycle friendly initiatives. Collaborate with NE Miami -Dade Cities to review traffic issues. 3. Ensure that redevelopment projects that require land use /zoning revisions do not have a negative impact on the community. 4. Work with the County to ensure that the hours of operation and the programming at the new Library facility addresses all age groups in the City. 5. Monitor and participate in regional efforts to address the impact of rising sea level. As you know, the City Commission and Administration have already started work and have made some progress on many of the items on the above list. This budget includes funding to specifically address goals 2 and 5. Additional funding has been set aside to address possible route improvements for the shuttle bus service during peak times and to prepare a master plan to identify and promote the City's pedestrian and bicycle routes. Also, the budget includes the Flashing Pedestrian Crossing Signs to be installed at major intersections on Country Club Drive and new path lighting for the Don Soffer Exercise Trail. The Capital Outlay portion of the budget contains $1,655,000 for drainage improvements including a planned update to the City's Stormwater Master Plan that will also study long -term impacts of the rising sea level on the overall drainage system. The following represents the pre - established priorities and goals that provided a framework for the preparation of the 2015/16 Budget Plan. ✓ Maintain current service levels and programs. ✓ Provide funding for the construction and the operating costs associated with opening the new park on NE 188th Street. ✓ Address drainage infrastructure improvements in areas subject to flash flooding and the long range impacts of climate change. ✓ Include funding to support the planned events associated with the City's 20 year anniversary since incorporation. ✓ Provide funding to maintain landscaped areas, City facilities and the City's infrastructure to continue to provide a high quality maintenance program. ✓ Increase Code Enforcement staffing to respond to increased demands for enforcement needs on the weekends and afterhours to protect the quality of life for our community. ✓ 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. III ✓ Continue to utilize technology to improve productivity and lower costs of providing services. ✓ No additional debt by implementing and funding the "pay -as- you -go" Capital Improvement Program to address the City's infrastructure needs. Significant Factors The City experienced an 8.4% increase in property values over the prior year. The new value of $9.095 Billion is still down from the pre- recession value of $9.609 Billion, but continues to trend upward for our community. For the 20th year in the row the budget does not include a tax rate increase. In addition, General Fund reserve funds were not utilized to balance the budget and no additional debt is proposed. Strong fiscal policies and prudent budgeting have enabled the City to maintain the lowest tax rate in the County while providing high - quality services to our residents. The new construction assessed values rose by $10 million over the prior year. Recent development approvals for the Park Square Aventura mixed use project and the expansion of the Aventura Mall will insure that this trend continues in the near future. The budget process produced a total budget of $60,629,136 or 1.9% more than the previous year. Capital Outlay expenditures are budgeted at $7,508,925 and increased by $1,273,700 or 20% compared to the prior year. Projects included range from drainage improvements to road resurfacing and the commitment to invest in state -of- the -art technology to serve and protect our residents. Maintaining our infrastructure from government buildings to our park facilities continues to be a major funding priority to protect these assets. Operating costs increased by $1,783,183 as compared to the previous year. The budget maintains our current level for all City services except funding for the following areas: • A part -time Park Attendant position was reclassified to full -time to meet the increased service needs of our parks and the new park on NE 188th Street. • Building Inspection and Review costs were increased by $265,000 to response to the upswing in building activity. • Funding has been provided to support the planned events for celebrating the 20th anniversary of the incorporation of the City. • Shuttle bus costs increased by $145,000 to address possible route improvements during peak times. • Off -duty police costs went up by $245,000 based on increased use of this service by Aventura Hospital and Medical Center and is offset by fees paid by the Hospital. • Added a Public Records Specialist position to respond to the increased demand for public records attributed to 911 tapes and the expanded use of the in -car video system. 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. The total number of full -time employees contained in the proposed budget increased by 2 compared to the prior year for a total of 176. IV Summary of All Budgetary Funds The total proposed budget for 2015/16, including all funds, capital outlay and debt service, is $60,629,136. This is $1,120,990 or 1.9% more as compared to the prior year. Operating expenditures total $33,245,682, while Capital Outlay expenditures total $24,828,550 and Debt Service expenditures total $2,554,905. Fund Summary by Amount FUND PROPOSED AMOUNT % of BUDGET General Fund $ 52,320,196 83.2% Police Education Fund 7,000 0.0% Transportation Fund 3,801,855 6.0% 911 Fund 167,500 0.3% Debt Service Funds 2,554,905 4.1% Capital Projects Fund 905,000 1.4% Stormwater Utility Fund 2,641,270 4.2% Police Off Duty Services Fund 470,000 0.7% Fund Summary by Percentage Police Education 0.0% Transportation General 6.1% 83.2% E911 fl_io/ V t Service 1.1 % Capital Projects 1.4% Stormwater Utility 4.2% V 0.7% Expenditures by category are as follows: CATEGORYSUMMARY CATEGORY Personal Services Contractual Services Other Charges /Svcs Commodities Other Operating Expenses Capital Outlay Debt Service Total PROPOSED % of AMOUNT BUDGET $ 2115121635 35.5% 6,505,744 10.7° 413261968 7.1 % 693,200 1.1% 2071135 0.3% 2418281550 41.0% 215541905 4.2% $ 60,629,136 100.0% Category Summary by Percentage Other Charges /Svcs Commodities Contractual Services 1.1% 7.1% Other Operating 10.7 Expenses 0.3% Personal Services 35.5% VI Debt Service 4.2 Capital Outlay 41.0% The following chart shows a comparison of each department's budget for the past two (2) years. The total budget amount is 1.9% or $1,120,990 more than the previous year. INCREASE DEPARTMENT 2014/15 2015/16 (DECREASE) % Change City Commission $ 1257339 $ 1287563 $ 37224 2.6% Office of the City Manager 8077931 8217742 137811 1.7% Legal 2707000 2807000 107000 3.7% City Clerk's Office 3137021 2877685 (257336) -8.1% Finance 9867975 170037892 167917 1.7% Information Technology 9687588 170137438 447850 4.6% Public Safety 17, 795, 200 18, 682, 837 8877637 5.0% Community Development 271047435 274017633 2977198 14.1% Community Services 578957110 673467709 4517599 7.7% Arts & Cultural Center 7267900 7987183 717283 9.8% Non - Departmental 174697000 174817000 127000 0.8% Subtotal 3174627499 3372457682 177837183 5.7% Capital Outlay 672357225 775087925 172737700 20.4% CIP Reserve 1972527500 1773197625 (1,932,875) -10.0% Debt Service 275577922 275547905 (3,018) -0.1% Total $ 59, 508,146 $ 60, 629,136 $ 1,120, 990 1.9% 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. Revenues The revenues, available for allocation in the 2015/16 fiscal year General Fund Budget, including inter -fund transfers, are anticipated to be $52,320,196. This is an increase of $1,520,757 or 3.0% as compared to last year. Locally Levied Taxes — The City's assessed value as reported by the County Property Appraiser Department is $9,094,962,102. This amount is 8.4% or $700,651 more than last year. The new construction value was $10,393,932. The ad valorem millage levy for fiscal year 2015/16 is recommended to be 1.7261, which is the same rate adopted last year. This will generate $14,913,874 compared to last year's amount of $13,764,950. This represents the 20th consecutive year without an increase. The budget includes $4,532,000 from electric utility taxes and anticipated utility taxes for water and gas and the unified 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 $542,000 more than the prior year based on anticipated increases in FPL franchise fees and building VII permits. The budget includes $1,898,000 from FPL franchise fees based on the Interlocal Agreement with the County and $2,000,000 for building permits. Intergovernmental Revenues —Total revenues for this category are projected to increase by $185,000 as compared to the amount budgeted for the prior year due to anticipated higher Sales Tax and State Revenue. Charges For Services — Revenues relating to charges for services are anticipated to be $33,000 more than the prior year's budget. The majority of the increase is attributed to revenue generated from development review fees, recreation program fees and police service agreement payments. Fines and Forfeitures — Total revenues projected for 2015/16 is $1,642,000. Revenues from county court fines and intersection safety violations are included in this category. Miscellaneous Revenues — Projected revenues are anticipated to be $205,000. This is an increase of $40,000 compared to the amount budgeted for the prior fiscal year. Fund Balance — This represents a designated amount of funds accumulated in reserves. The amount utilized from the fund balance is $15,019,433. Non - Revenues — This represents transfers from the E911 Funds to the General Fund. Ad Valorem Taxes 28.6% Fund Balance 31.3 Revenues by Source Locally Levied Taxes 17.3 1 Vill Licenses & Permits 8.6 Intergovernmental Revenues 6.5 Charges For Services 4.1% Misc. Revenues 0.4 Fines & Forfeitures 3.1% Expenditures The estimated 2015/16 General Fund expenditures contained within this budget total $52,320,196 and are balanced with the projected revenues. Total expenditures are $1,520,757 or 3.0% more than the 2014/15 fiscal year amount. The operating expenditures have increased by $1,393,042 or 4.7% as compared to the prior year. EXPENDITURE CATEGORY SUMMARY CATEGORY 2014/15 2015/16 INCREASE (DECREASE) % Change Personal Services $ 201 225, 923 $ 21, 042, 635 $ 8161712 4.0% Contractual Services 43461,000 419191683 458,683 10.3% Other Charges /Svcs 410811321 4,197, 968 116,647 2.9% Commodities 6931600 6901200 (3)400) -0.5% Other Operating Expenses 190,235 1941635 4,400 2.3% Subtotal 293 652, 079 31, 045,121 1, 393, 042 4.7% Capital Outlay 183 955, 026 19, 066,486 111,460 0.6% Transfer to Funds 2,192, 334 212081590 161256 0.7% Total $ 5037993439 $ 5233203196 $ 135203757 3.0% Personal Services Personal Services increased by $816,712 or 4.0% compared to the prior year. The increase includes a 5% or $113,000 increase in Health Insurance costs associated with changes associated with the Federal Health Care law and experience modifications. The expenditures for non - unionized employees have been budgeted to reflect a 3% 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 176 compared to 174 in 2014/15 fiscal year. The total number of part -time employees remains at 13. Other personnel changes contained in the budget are as follows: • Police Department — Added a Public Records Specialist position to respond to the increased demand for public records attributed to 911 tapes and the expanded use of in -car video system. • Community Development Department — Added a part -time Code Enforcement Officer to respond to increased demands for enforcement needs on the weekends and afterhours to protect the quality of life for our community. • Community Services Department — Reclassified a part -time Park Attendant position to full -time to meet the increased service needs of our parks and the new park on NE 188th Street. 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 and cost savings. I am proud to work with a dedicated group of City employees that strive to provide excellent services and are committed to our community. Over the years they have proven that our work force can meet any challenge. IX Comparative Staffing Levels 14.0 4.0 74 . 2014/15 6.0 7.0 2.0 3.6 7.0 15.0 4.0 JrF 7.4 2015/16 6.0 7.0 2.0 3 7.0 123-0 Co mmu ni ty Services Ch art er S ch ool Co mmu ni ty Devel opm ent Public Safety I nfo rm ati on Technol og y Fin ance 124.0 City Clerk's Office O 25 50 75 100 125 Operating Expenses The expenditures for contractual services are budgeted at $4,919,683 or 9.4% of the General Fund budget. This is $458,683 more than the prior year. This can be attributed to increases in building inspection services generated by building activity, maintenance cost increases and the costs associated with supporting increased activity at the Arts & Cultural Center. Expenditures for other charges and services are budgeted at $4,197,968, which represents 8.0% of the total budget. This category increased by $116,647 due primarily to costs associated with celebration of the City's 20th year anniversary and the AACC's 5t" year anniversary celebrations. Expenditures for commodities are budgeted at $690,200, which represents 1.3% of the total budget. Total costs associated with other operating expenses are budgeted at $194,635 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 2015 -2020 represent a long -term plan to address infrastructure maintenance needs. A total of $2,660,925 has been budgeted in the General Fund for Capital Outlay projects along with a $16,405,561 reserve to fund future projects. Major General Fund capital outlay items are as follows: Park Improvements $1,238,000 TVMS Upgrade $350,000 Police Vehicles $341,000 Equipment $325,250 Computer Equipment $309,475 Radio Equipment $40,000 Beautification Projects $39,200 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 $2,208,590 which is an increase of $16,256 as compared to the prior year. The transfer also includes $100,000 from the Traffic Safety Program to the Charter School Fund. X Office of the City Manager Qty Commission O 25 50 75 100 125 Operating Expenses The expenditures for contractual services are budgeted at $4,919,683 or 9.4% of the General Fund budget. This is $458,683 more than the prior year. This can be attributed to increases in building inspection services generated by building activity, maintenance cost increases and the costs associated with supporting increased activity at the Arts & Cultural Center. Expenditures for other charges and services are budgeted at $4,197,968, which represents 8.0% of the total budget. This category increased by $116,647 due primarily to costs associated with celebration of the City's 20th year anniversary and the AACC's 5t" year anniversary celebrations. Expenditures for commodities are budgeted at $690,200, which represents 1.3% of the total budget. Total costs associated with other operating expenses are budgeted at $194,635 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 2015 -2020 represent a long -term plan to address infrastructure maintenance needs. A total of $2,660,925 has been budgeted in the General Fund for Capital Outlay projects along with a $16,405,561 reserve to fund future projects. Major General Fund capital outlay items are as follows: Park Improvements $1,238,000 TVMS Upgrade $350,000 Police Vehicles $341,000 Equipment $325,250 Computer Equipment $309,475 Radio Equipment $40,000 Beautification Projects $39,200 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 $2,208,590 which is an increase of $16,256 as compared to the prior year. The transfer also includes $100,000 from the Traffic Safety Program to the Charter School Fund. X SUMMARY OF EXPENDITURES BY DEPARTMENT GENERAL FUND INCREASE CATEGORY 2014/15 2015/16 (DECREASE) % Change GENERAL GOVERNMENT City Commission $ 1257339 $ 1287563 $ 37224 2.6% Office of the City Manager 8077931 8217742 137811 1.7% Legal 2707000 2807000 107000 3.7% City Clerk's Office 3137021 2877685 (25, 336) -8.1% Finance 9867975 170037892 167917 1.7% Information Technology 9687588 170137438 447850 4.6% Total General Go\/t 374717854 375357320 637466 1.8% PUBLIC SAFETY Public Safety 17, 403, 680 18, 068, 337 6647657 3.8% Community Development 271047435 274017633 2977198 14.1% Total Public Safety 19, 508,115 20,469, 970 9617855 4.9% COMMUNITY SERVICES Community Services 474767210 477607648 2847438 6.4% Arts & Cultural Center 7267900 7987183 717283 9.8% Total Community Svcs. 572037110 575587831 3557721 6.8% OTHER NON - DEPARTMENTAL Non - Departmental 1,469, 000 1,481, 000 127000 0.8% Capital Outlay 18, 955, 026 19, 066,486 1117460 0.6% Transfer to Funds 2,192, 334 272087590 167256 0.7% Total Other Non -Dept. 22, 616, 360 22, 756, 076 1397716 0.6% TOTAL $ 50, 799, 439 $ 52, 320,196 $ 195209757 3.0% Information police Technology o Community Finance 1.9% 34.5/ � Development 1.9 4.6 Community Services City Clerk's Office 9.1% 0.5 Legal 0.5 Office of the City Manager -- -�____ _ Arts & Cultural Center 1.6% 1.5% City Commission 0.2% Non- Departmental 2.8 Transfers 4.2 Capital Outlay 36.4% XI 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 $7,000 is anticipated in revenue for 2015/16. 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 $3,801,855 for 2015/16. The County Transit System Surtax is estimated to generate $1,371,000. The funds will be used to provide transit system services, street light improvements for NE 29th Place and Ne 30th Avenue, upgrades to the Traffic Video Monitoring System and fund road resurfacing projects (NE 213th, NE 29th Place, NE 191St Street), Country Club Drive Flashing Pedestrian Crossing Signs and Yacht Club Drive Bridge Repairs. Operating expenditures for maintenance are budgeted at $537,405. 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 2015/16 are $167,500. 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. 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 Fun permanent Government Center original debt issued in 1999 was 2015/16 is $1,193,750. Fund — Established for the purchase of Founders Park, the site and construction of the Government Center. The refinanced in 2010 and 2011. The proposed budget for 2000 Loan Debt Service Fund — Established for the construction of the Community Recreation Center and the acquisition of Waterways Park. The proposed budget for 2015/16 is $510,536. 2012 (A) 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 2015/16 is $404,304. The original debt issued in 2002 was refinanced in 2012. XII 2012 (B) Loan Debt Service Fund — Established for the construction and equipment of the Charter Elementary School. The proposed budget for 2015/16 is $446,315. The original debt issued in 2002 was refinanced in 2012. The total budget for all Debt Service Funds is $2,554,905 and is $3,017 less than the previous year. Capital Projects Fund This fund was established to account for impact fees and other revenues specifically earmarked for capital projects restricted by City Ordinances or City Commission policy. The total fund for 2015/16 is $905,000. The majority of the revenues are carryover amounts from the funds set -aside from the sale of land previously owned by the City. The funds will be utilized to assist in funding the construction of the new park located on NE 188t" Street. 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 $578,656. Capital improvements to the drainage system are budgeted in the amount of $1,655,000 which also includes funding for a Storm Water Master Plan update to review long term impacts of rising sea levels. A reserve account to assist in funding future projects was established in the amount of $407,614. Revenues are projected to be $2,641,270 for 2015/16. 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 businesses and condominium associations. The proposed Police Services Offduty Fund for 2015/16 is anticipated to be $470,000. Summary I am pleased to submit the detailed budget contained herein for fiscal year 2015/16. 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. I am also extremely grateful to the City Commission for the continued support in assuring that this City remains the City of Excellence. A Commission Meeting will be held on July 16, 2015 to review in detail the proposed budget document. Respectfully submitted, Eric M. SoVa City Manager XIII Organization Chart CITY OF AVENTURA Ir Residents City Commission City Attorney City Manager Administration Legal Services Budget Preparation Customer )ervice Capital ProJects 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 K-8 School J Arts & Cultural Center Department Finance Department ance/Accounting rchasing R Management rsonnel 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. x1v 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, 2014. 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. Xv 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: 84 Sworn Officers and 40 Civilians • Major Economic Drivers: Retail, medical • Number of Businesses: 2,580 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 1,020 Aventura 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 18 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 28th 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) • 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) • 2000 Loan Debt Service (240) • 2012 (A) Loan Debt Service (250) 1 -7 • 2012 (B) Loan Debt Service (290) The Capital Projects Funds accounts for the acquisition and /or construction of major capital projects funded by impact fees or other revenues earmarked for specific projects. Included in the budget is the following Capital Projects Fund: • Capital Projects Fund (392) 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 and on July 8, 2014, the City Commission adopted and re- adopted respectively, 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. A Complete list of the City's investment categories may be found in "Appendix A" entitled Authorized Investment Summary Table. 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 1 -10 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. 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., an 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 1 -11 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 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, 2013, the principal balance outstanding totaled $27,215,000. 2010 & 2011 Debt Service Fund 230 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 $751,000 per year over the 19 -year life of the 1 -12 obligation. The interest rate is locked at 3.42 %. The Series 2011 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 $406,000 per year over the 19 -year life of the obligation. The interest rate is locked at 3.64 %. 2000 Loan Debt Service Fund 240 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 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 locked at 5.04 %. 2012 (A) Loan Debt Service Fund 250 & 2012 (B) Loan Debt Service Fund 290 Due to a very favorable interest rate environment, in June of 2012, the City refunded the original Series 2002 Revenue Bonds with a Bank Loan (described below) that resulted in a more than $2.5M NPV savings over the life of the loan. The Series 2012 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 August 1St and semi - annual interest payments due on February 1St and August 1St of each year with the final maturity on August 1, 2027. Debt service requirements average approximately $368,000 and $411,000 for Debt Service Funds 250 and 290, respectively per year over the 15 -year life of the obligation. The interest rate is locked at 2.180 %. 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. 1 -13 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. 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 PnnIPd (,,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 SBA Pool. Operating Account The City's operating funds are currently in a Full Analysis Business Checking Account which earns credit against our analysis charges and was fully collateralized at March 31, 2015. Florida SBA Pool ( "Florida Prime "� Florida Prime 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. 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. 1 -14 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. 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+ November 7, 1995 Commission - Manager 3.2 Square Miles 377262 57.9% African American 3.9% 35.8% Other 2.4% 17% 18% 26% 13% 26% Average Household Size ** Average Household size 1.99 Average Family size 2.66 Housing Occupancy ** Total housing units 267120 Owner occupied housing units 117756 Renter occupied housing units 67136 Seasonal, recreational and vacant housing units 87228 Full Time Employees 176 Public Tennis Center 2 Public Facilities Located within Corporate Limits: Public Recreation Centers 1 Public Parks 7 Open Space Recreation (acres) 33.5 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, 2014 ** U.S. Census Bureau, Profile of General Demographic Characteristics: 2010 for Aventura, Florida 1 -15 2015/16 BUDGET PREPARATION CALENDAR DATE RESPONSIBILITY ACTION REQUIRED April 2 City Manager Staff meeting is held to review budget All Department Directors philosophy and develop overall goals, objectives and performance indicators. April 17 City Manager Electronic spreadsheets are delivered to Department Directors with updated budget preparation directives. April 17 All Department Directors Completed budget estimates are submitted to to City Manager City Manager. Revenue estimates are May 8 Finance Department prepared. May 11 Finance Department Completion of non General Fund budgets to to City Manager include totals of all revenues and May 29 expenditures submitted to City Manager. June 1 City Manager Conducts departmental budget review to meetings, balances budget and prints June 26 budget document. July 10 City Manager City Manager's recommended budget document and message are submitted to City Commission. July 16 City Commission Budget Review Meeting, adopt tentative ad City Manager valorem rate to transmit to County for notification purposes. September 8* City Commission September 16* City Commission September 18 Finance Director First reading on budget and ad valorem tax rate ordinances. Second reading on budget, ad valorem tax rate ordinance, and Public Hearing. Documents transmitted to Property Appraiser and State. October 1 All Departments New budget becomes effective. * Dates subject to change based on School Board and Miami -Dade Commission meeting dates 1 -16 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 September 30, Year Property Property Real Property Value 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 7,607,087,842 216,861,227 (579,342,462) 7,244,606,607 2012 2011 7, 599, 224,177 212, 774,157 (521, 364, 015) 7, 290, 634, 319 2013 2012 7, 832, 825, 557 216, 503,467 (548, 090, 007) 7, 501, 239, 017 2014 2013 8,109, 509,199 211,480, 897 (534, 557, 698) 7,786,432,398 2015 2014 8973494539409 198,681,857 (53898249136) 8,394,311,130 Note: (1) Florida Law requires that all property be assessed at current fair market value. 1 -17 Tax Rate Comparison The City of Aventura has the lowest tax rate in Miami -Dade County. The following table compares the 2014/15 fiscal year adopted tax rates of the cities located in Miami -Dade County: Total Operating Debt City Millage Millage Millage Ave ntu ra 1.7261 1.7261 - Doral 1.9280 1.9280 - Uninc. County 1.9283 1.9283 - Bal Harbour 2.0611 2.0611 - Pinecrest 2.3000 2.3000 - Miami Lakes 2.3518 2.3518 - Cutler Bay 2.3907 2.3907 - Palmetto Bay 2.4470 2.4470 Sunny Isles Beach 2.6000 2.6000 - Sweetwater 2.7493 2.7493 - Key Biscayne 3.0000 3.0000 - South Miami 4.3639 4.3639 - Bay Harbor Islands 4.9000 4.9000 - Surfside 5.0293 5.0293 - Virginia Gardens 5.1500 5.1500 - Hialeah Gardens 5.1613 5.1613 - Coral Gables 5.5890 5.5890 - Miami Beach 6.0237 5.7942 0.2295 Hialeah 6.3018 6.3018 - North Bay Village 6.3313 5.4740 0.8573 Medley 6.3800 6.3800 - West Miami 6.8858 6.8858 - Homestead 6.9315 5.9215 1.0100 Florida City 7.5899 7.5899 - North Miami Beach 7.6369 6.6036 1.0333 Miami Springs 7.6710 7.6710 - Indian Creek 7.6736 7.6736 - North Miami 7.9336 7.9336 - Miami Gardens 8.2363 6.9363 1.3000 El Portal 8.3000 8.3000 - Miami 8.3850 7.6465 0.7385 Opa -locks 8.5000 8.5000 - Golden Beach 8.5000 7.2450 1.2550 Miami Shores 8.6392 8.0000 0.6392 Biscayne Park 9.7000 9.7000 - 1 -18 Miami -Dade County Where Do Your Tax Dollars Go? (Based on 2014/15 Tax Rates) Miami -Dade County School Board City of Aventura JP 1 4 TV Tyr-7 Mir" I-EM-M& M MEk mom Nomood Moira wood -..dF —b.& r jk 7�i 114 L74 nP 4IdiLLTIMP1P FBA ALLblPhL Ply I L-4 4D 1 'V� Jm6r -�. Y � I 9. 1 I ' K 0586608 B J 1 ■ hLkMU•LILX•J 1.. Everglades / FIND i Okeechobee Basin SFWM (depiction above is for representational purposes only and is not designed to exact scale) Total M illage Rate 1 -19 18.4518 100.00% 2014/15 Adopted Taxing Authority M illages % Miami -Dade County 8.3330 45.16% Miami -Dade County School Board 7.9740 43.22% South Florida Water Management District (SFWMD) 0.1577 0.85% Evergaldes 0.0548 0.30% Okeechobee Basin 0.1717 0.93% Florida Inland Navigation District (FIND) 0.0345 0.19% City of Aventu ra 1.7261 9.35% Total M illage Rate 1 -19 18.4518 100.00% 200 180 160 140 120 100 80 60 Comparison of Number of Employees 185 188 ♦1186 185 185 185 187 189 119 121 120 120 121 121 123 1 06/07 07/08 08/09 09/10 10/11 11/12 12f13 13/14 14/15 15/16 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* Tota I 06/07 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15 15/16 7 7 7 7 7 7 7 7 7 7 5 5 5 5 4.6 4.6 4.6 3.6 3.6 3.6 0 0 0 0 0 0 0 0 0 0 2 2 2 2 2 2 2 2 2 2 8 8 7 7 7 7 6 7 7 7 5 5 5 6 6 6 6 6 6 6 120 119 119 121 120 120 121 121 123 124 10 10 9 9 8.4 8.4 8.4 8.4 8.4 9.4 0 0 0 0 0 0 0 0 0 0 24 31 28 28 28 27 26 26 26 26 3 3 3 3 3 3 4 4 4 4 184 190 185 188 186 185 185 185 187 189 * Included in Charter School Fund Budget Document 1 -20 f 'f*l� iti lip SUMMARY OF ALL FUNDS lii� wlt• I � �ii� 2 -1 CITY OF AVENTURA SUMMARY OF ALL FUNDS 2015/'16 OPERATING & CAPITAL OUTLAY REVENUE PROJECTIONS APPROVED CITY MANAGER COMMISSION FUND ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. FUND 2012/13 2013/14 2014/15 2015/16 2015/16 001 General Fund $ 5533393924 $ 5138153613 $ 5037993439 $ 5233203196 $ 5233203196 110 Police Education Fund 223318 173309 83120 73000 73000 120 Transportation Fund 332863464 337923427 339403480 338013855 338013855 140 Police Capital Outlay Impact Fee Fund 53513 - - - - 170 Park Development Fund 23264 - - - - 180 911 Fund 1943918 2653219 1983880 1673500 1673500 230 -290 Debt Service Funds 255903638 235903870 235573922 235543905 235543905 392 Capital Projects Fund 1603824 131313010 138243639 9053000 9053000 410 Stormwater Utility Fund 8493357 8613215 231763000 236413270 236413270 620 Police Off Duty Services Fund 2203575 3303244 2253000 4703000 4703000 KSubtota4_ 6236723795 6038033907 137303480 6238673726 62386737261 Interfund Eliminations (232133882) (213293685) (212223334) (212383590) (212383590) lWotal Revenue $ 60,4583913 $ 58,4743222 $ 59,5083146 $ 60,6293136 $ 60,6293136 EXPENDITURES DEPT./ APPROVED CITY MANAGER COMMISSION DIV. ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. DEPARTMENT 2012/13 2013/14 2014/15 2015/16 2015/16 Operating Expenditures: 0101 City Comm iss ion $ 1203307 $ 1173419 $ 1253339 $ 1283563 $ 1283563 0501 Office of the City Manager 8993043 7713051 8073931 8213742 8213742 0601 Legal 3503422 2933094 2703000 2803000 2803000 0801 City Clerk's Office 2773272 2923714 3133021 2873685 2873685 1001 Finance 7803480 9313562 9863975 130033892 130033892 1201 Information Technology 7673456 7943965 9683588 130133438 130133438 2001 Public Safety 1638533654 1731753754 1737953200 1836823837 1836823837 4001 Community Development 119243074 234623058 231043435 234013633 234013633 5001 Community Services 538683108 630243944 538953110 633463709 633463709 7001 Arts & Cultural Center 6643481 6903118 7263900 7983182 7983182 9001 Non - Departmental 132423549 133363185 134693000 134813000 134813000 Subtotal 2937473846 3038893864 3134623499 3332453681 3332453681 Capital Outlay: 8001 City Comm iss ion - - - - - 8005 Office of the City Manager - 13768 - - - 8006 Legal - - - - - 8008 City Clerk's Office - - 33000 - - 8010 Finance 13332 13929 23000 63000 63000 8012 Information Technology 1603443 663999 6043898 1663000 1663000 8020 Public Safety 210653360 115033458 252513242 7383375 7383375 8040 Community Development 23664 33855 933645 43500 43500 8050 Community Services 134333055 236603016 331803570 635303000 635303000 8069 Charter School 813514 903639 - - - 8070 Arts & Cultural Center 123666 243876 433972 293050 293050 8090 Non - Departmental 334433162 2033686 303000 303000 303000 8090 CIP Reserve 2623303 - 1932783398 1733243625 1733243625 Subtotal 734623499 435573226 2534873725 2438283550 2438283550 Non - Departmental: 9001 Transfer to Funds - - - - - 9001 Debt Service 215383769 235423979 235573922 235543905 235543905 Subtotal 235383769 235423979 235573922 235543905 235543905 Total Expenditures $ 3937493114 $ 3739903069 $ 5935083146 $ 6036293136 $ 6036293136 2 -2 CITY OF "ENTURA SUMMARY OF ALL FUNDS 2015/16 OPERATING &CAPITAL OUTLAY MANA II DEPTJ NO. CATEGORY 2012/13 2013/14 APPROVED BUT DGE5 CITY PR 2 OS�AS C APPRO A6 II 1000/2999 Personal Services $ 19,143,216 $ 1936073538 $ 2054505923 $ 2135123635 $ 2155125635 3000/3999 Contractual Services 537383461 6,219,124 538795900 6,505,743 655055743 4000/4999 Other Charges /Svcs 3,750,062 3,8973079 41234,321 4,3263968 4,326,968 5000/5399 Commodities 6693208 680,812 6953600 693,200 6933200 5400/5999 Other Operating Expenses 446,899 485,311 2011755 207135 2071135 Public Safety Subtotal 2957475846 3038893864 3154625499 3332453681 3352455681 6000/6999 Capital Outlay 714621499 4,557,226 25,487,725 24,828,550 24,828,550 7000/7999 Debt Service 235383769 235423979 255575922 235543905 255545905 8000/8999 Transfer to Funds - - - - - Total Expenditures $ 3%74%114 $ 3739903069 $ 59,508,146 $ 6036293136 $ 60,629,136 COMPARATIVE PERSONNEL SUMMARY * Included in Charter School Fund Budget Document 2 -3 2012/13 2013/14 2014/15 2015/16 City Comm iss ion 7.0 7.0 7.0 7.0 Office of the City Manager 4.6 3.6 3.6 3.6 Legal - - - - City Clerk's Office 2.0 2.0 2.0 2.0 Finance 6.0 7.0 7.0 7.0 Information Technology 6.0 6.0 6.0 6.0 Public Safety 121.0 121.0 123.0 124.0 Community Development 7.4 7.4 7.4 7.4 Charter School* 4.0 4.0 4.0 4.0 Community Services 14.0 14.0 14.0 15.0 Arts & Cultural Center - - - - Total Full -Time Employees 172.0 172.0 174.0 176.0 Total Part -Time Employees 13.0 13.0 13.0 13.0 * Included in Charter School Fund Budget Document 2 -3 CITY OF AVENTURA FUND BALANCE ANALYSIS DEPT./ APPROVED CITY MANAGER COMMISSION DIV. ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. DEPARTMENT 2012/13 2013/14 2014/15 2015/16 2015/16 GENERAL FUND (001) Beginning Balance /Carryover $ 21,944,438 $ 1796259894 $ 1790179013 $ 1693789324 $ 1693789324 Revenues /Sources 3393959486 3491899719 3397829426 3599419872 3599419872 Expenditures /Uses (36,371,675) (3496529229) (34,421,115) (3599149635) (3599149635) Ending Fund Balance $ 1899689249 $ 1791639384 $ 1693789324 $ 1694059561 $ 1694059561 SPECIAL REVENUE FUNDS: POLICE EDUCATION FUND (110) Beginning Balance /Carryover $ 119850 $ 99484 $ 19120 $ - $ - Revenues /Sources 109468 79825 79000 79000 79000 Expenditures /Uses (129834) (169189) (89120) (79000) (79000) Ending Fund Balance $ 99484 $ 19120 $ - $ - $ - STREET MAINTENANCE FUND (120) Beginning Balance /Carryover $ 8119313 $ 195869617 $ 292139480 $ 191829855 $ 191829855 Revenues /Sources 294759151 292059810 197279000 296199000 296199000 Expenditures /Uses (1,699,847) (1,578,947) (399409480) (3,801,855) (3,801,855) Wnding Fund Balance $ 195869617 $ 292139480 $ - $ - $ - 911 FUND (180) Beginning Balance /Carryover $ 299658 $ 1049048 $ 459280 $ 139900 $ 139900 Revenues /Sources 1659211 1609915 1539600 1539600 1539600 Expenditures /Uses (909870) (2199939) (1989880) (1679500) (1679500) Ming Fund Balance $ 1039999 $ 459024 $ - $ - $ - DEBT SERVICE FUNDS (230 -290) Beginning Balance /Carryover $ 159079 $ 219505 $ 199711 $ - $ - Revenues /Sources 295759559 295699365 295389211 295549905 295549905 Expenditures /Uses (295389769) (295429979) (295579922) (295549905) (295549905) ����d Balance $ 519869 $ 479891 $ - $ - $ - CAPITAL PROJECTS FUND (392) Beginning Balance /Carryover $ - $ - $ 190599639 $ 9009000 $ 9009000 Revenues /Sources 1609824 191319010 7659000 59000 59000 Expenditures /Uses - (2329195) (1,824,639) (9059000) (9059000) Ending Fund Balance $ 1609824 $ 8989815 $ - $ - $ - STORMWATER UTILITY FUND (410) Beginning Balance /Carryover $ - $ - $ 8809000 $ 195699600 $ 195699600 Revenues /Sources 8499357 8619215 192969000 190719670 190719670 Expenditures /Uses (8729010) (8059636) (291769000) (2,641,270) (2,641,270) Ending Fund Balance $ (229653) $ 559579 $ - $ - $ - POLICE OFF DUTY SERVICES FUND (620) Beginning Balance /Carryover $ - $ - $ - $ - $ - Revenues /Sources 2209575 3309244 2259000 4709000 4709000 Expenditures /Uses (1869862) (2719640) (2259000) (4709000) (4709000) Ending Fund Balance $ 339713 $ 589604 $ - $ - $ - 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 2015/16 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 CITY MANAGER COMMISSION ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL CATEGORY 2012/13 2013/14 2014/15 2015/16 2015/16 Current Revenues Transfers Carryover Total Revenues $ 3393879486 $ 3491599719 3397529426 $ 3599119872 $ 3599119872 89000 309000 309000 309000 309000 2199449438 1796259894 1790179013 1693789324 1693789324 $ 5593399924 $ 5198159613 5097999439 $ 5293209196 $ 5293209196 EXPENDITURES DEPT./ APPROVED CITY MANAGER COMMISSION DN. ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. DEPARTMENT 2012/13 2013/14 2014/15 2015/16 2015/16 Operating Expenditures: 1179419 0101 City Comm iss ion 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 190039892 Subtotal Capital Outlay 9689588 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 8069 Charter School 8070 Arts & Cultural Center 8090 Non- Departmental 8090 CIP Reserve 194699000 Transfer to Funds 194819000 Subtota 2897829261 Total $ 1209307 $ 1179419 1259339 $ 1289563 $ 1289563 8999043 7719051 8079931 8219742 8219742 3509422 2939094 2709000 2809000 2809000 2779272 2929714 3139021 2879685 2879685 7809480 9319562 9869975 190039892 190039892 7679456 7949965 9689588 190139438 190139438 1695719088 1696979986 1794039680 1890689337 1890689337 199249074 294629058 291049435 294019633 294019633 492499413 493959109 494769210 497609648 497609648 6649481 6909118 7269900 7989182 7989182 192429549 193369185 194699000 194819000 194819000 2798469585 2897829261 2996529079 3190459120 31,045,120 - 19768 - - - - - 39000 - - 1,332 19929 29000 69000 69000 1609443 669999 6049898 1669000 1669000 290659360 195039458 194939742 7389375 7389375 29664 39855 939645 49500 49500 5529067 196739073 3059445 196879000 196879000 819514 909639 - - - 12,666 249876 439972 299050 299050 394439162 2039686 309000 309000 309000 1829352 - 1693789324 1694059561 1694059561 61501,560 39570,283 1899559026 1990669486 1990669486 292059882 292999685 291929334 292089590 292089590 292059882 292999685 291929334 292089590 292089590 $ 3695549027 $ 3496529229 5097999439 $ 5293209196 $ 5293209196 2 -6 CITY OF AVENTURA GENERAL FUND - 001 CATEGORY SUMMARY 201 5/16 REVENUE PROJECTIONS APPROVED CITY MANAGER COMMISSION OBJECT ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL CODE CATEGORY 2012/13 2013/14 2014/15 2015/16 2015/16 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 380000/389999 Transfer from Funds 399900/399999 Fund Balance $ 21002,658 $ 21,904,878 43435,258 435633943 33295,083 333543956 23188,715 231763251 232033502 139043789 1623270 2543902 83000 303000 2139443438 17,6 25,894 22,661,097 $ 24,010,543 $ 24,010,543 33943,000 41485,000 414853000 33231,329 31416,329 314163329 23120,000 21153,000 211533000 13632,000 11642,000 116423000 165,000 205,000 2053000 30,000 30,000 303000 173017,013 16,378,324 16,3783324 vailable General Fund $ 553339,924 $ 5138153613 503799,439 $ 52,320,196 $ 52,3203196 EXPENDITURES 1000/2999 Personal Services 1839563354 1933353898 203225,923 21,042,635 21,0423635 3000/3999 Contractual Services 43417,089 438863613 43461,000 41919,682 419193682 4000/4999 Other Charges & Services 33669,892 337113084 43081,321 41197,968 411973968 5000/5399 Commodities 669,208 6793605 693,600 690,200 6903200 5400/5499 Other Operating Expenses 134,042 1693061 190,235 194,635 1943635 Total operating expenses 2738463585 2837823261 293652,079 31,045,120 31,045,120 6000/6999 Capital Outlay 635013560 335703283 183955,026 19,066,486 19,0663486 8000/8999 Transfer to Funds 232053882 232993685 23192,334 2,208,590 2,2083590 Motal expenditures $ 36,5543027 $ 3436523229 503799,439 $ 52,320,196 $ 52,3203196 2 -7 CITY OF AVENTURA GENERAL FUND - 001 FUND BALANCE ANALYSIS 2015/16 REVENUE PROJECTIONS APPROVED CITY MANAGER COMMISSION ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL CATEGORY 2012/13 2013/14 2014/15 2015/16 2015/16 Beginning Fund Balance $ 213944,438 $ 17,6253894 17,0173013 $ 163378,324 $ 16,3783324 Revenues /Sources: Operating Expenditures Locally Levied Taxes 0101 City Commission $ 120,307 $ 117419 Property Taxes $ 1230803224 $ 12,7913444 13,8113097 $ 143944,543 $ 14,9443543 Section 185 Premium Tax 287,726 3183440 3183000 318,000 3183000 Utility Taxes 5,124,486 5,5253543 5,2423000 53488,000 5,4883000 Unified Comm. Tax 237323283 2,3593286 2,4103000 23350,000 2,3503000 City Business Tax 8773939 9103165 8803000 910,000 9103000 EWSubtota 21,102,658 21,904,878 22,6613097 24,010,543 24,010,543 13013,438 1,013,438 2001 Public Safety Licenses & Permits 43435,258 4,5633943 3,9433000 43485,000 4,4853000 Intergovernmental Rev. 332953083 3,3543956 3,2313329 33416,329 3,4163329 Charges for Services 231883715 2,176,251 2,120,000 23153,000 2,153,000 Fines & Forfeitures 232033502 1,904,789 1,632,000 13642,000 1,642,000 Miscellaneous 1623270 2543902 1653000 205,000 2053000 Interfund Transfers In 83000 303000 303000 30,000 303000 Subtotal 12,2923828 12,284,841 11,121,329 113931,329 11,931,329 Total Revenues /Sources $ 3333953486 $ 34,189,719 33,7823426 $ 35,941,872 $ 35,9413872 APPROVED CITY MANAGER COMMISSION OBJECT ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL CODE CATEGORY 2012/13 2013/14 2014/15 2015/16 2015/16 Expenditures /Uses: Operating Expenditures 0101 City Commission $ 120,307 $ 117419 125,339 $ 128,563 $ 128,563 0501 Office of the City Manager 8993043 7713051 8073931 8211742 8213742 0601 Legal 3503422 2933094 2703000 280,000 2803000 0801 City Clerk's Office 2773272 2923714 3133021 287,685 2873685 1001 Finance 7803480 9313562 9863975 13003,892 110033892 1201 Information Technology 767456 7943965 9683588 13013,438 1,013,438 2001 Public Safety 1635713088 16,6973986 1714033680 183068,337 18,0683337 4001 Community Development 119243074 2,4623058 21043435 2,401,633 2,4013633 5001 Community Services 432493413 413953109 414763210 43760,648 417603648 7001 Arts & Cultural Center 6643481 6903118 7263900 798,182 7983182 9001 Non - Departmental 1,242,549 113363185 114693000 13481,000 114813000 Total Operating E jenditures 2738463585 28,7823261 29,6523079 313045,120 31,0453120 Capital Outlay Expenditures 633193208 315703283 215763702 23660,925 216603925 Interfund Transfers Out 232053882 2,2993685 2,192,334 23208,590 2,2083590 [Total Expenditures /Uses 3633713675 34,6523229 34,4213115 353914,635 35,9143635 Ending Fund Balance Designated for Capital Improvements 183968,249 17,1633384 16,3783324 163405,561 16,4053561 M i MM IIt aim I �jt to *� L �M r �: REVENUE PROJECTIONS 2 -9 CITY OF AVENTURA ENERAL FUND REVENUE PROJECTIONS 2015/16 OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 3111000 3112000 3125200 3141000 3143000 3144000 3149000 3161000 3221000 3221500 3222000 3231000 3234000 3237100 3238000 3291000 Locally Levied Taxes Ad Valorem Taxes - Current Ad Valorem Taxes - Delinquent Section 185 Premium Tax Utility Tax - Electric Utility Tax -Water Utility Tax -Gas Unified Communications Tax City Business Tax Subtotal Licenses & Permits Building Permits Radon /Code Comp Admn. Fee Certificate of Occupancy Franchise Fee- Electric Franchise Fee -Gas Franchise Fee- Sanitation Franchise Fee- Towing Engineering Permits S u btota Intergovernmental Revenues 3312100 Bulletproof Vests 3312200 Federal Grants 3312550 Byrne Grant 3312910 FEMA 3342009 Justice Assistance Grant 3344901 Maintenance Agreement Payment 3351200 State Revenue Sharing 3351500 Alcoholic Beverage License 3351800 Half Cent Sales Tax 3354930 Fuel Tax Refund 3382000 County Business Tax = S u btota Charges For Services 3413000 Certificate of Use Fees 3419000 Election Fling Fees 3419500 Lien Search Fees 3421300 Police Services Agreement 3425000 Development Review Fees 3471000 Rec /Cultural Events 3472000 Parks & Recreation Fees 3472500 Community Center Fees 3474000 Founders Day 3475000 Summer Recreation 3476001 AACC Fees and Rentals S u btota I $ 1198579991 $ 1296699112 $ 1397649950 $ 1499139874 $ 1499139874 2229233 1229332 469147 309669 309669 2879726 3189440 3189000 3189000 3189000 492599017 495729988 493509000 495329000 495329000 8449187 9269142 8709000 9309000 9309000 219282 269413 229000 269000 269000 297329283 293599286 294109000 293509000 293509000 8779939 9109165 8809000 9109000 9109000 2191029658 2199049878 2296619097 2490109543 2490109543 195389127 291949657 196009000 290009000 290009000 49663 59881 29000 69000 69000 419933 579768 359000 359000 359000 293289313 197309392 197829000 198989000 198989000 179795 199823 189000 199000 199000 4579007 4699662 4609000 4709000 4709000 209375 699845 309000 309000 309000 279045 159915 169000 279000 279000 494359258 495639943 399439000 494859000 494859000 229259 49593 - - - 1949382 - - - - 5,235 49207 79200 79200 79200 99539 109000 - - - 12,670 99502 99679 99679 99679 5129571 5879364 5009000 5909000 5909000 189708 189919 209000 209000 209000 294559849 296579754 296309000 297259000 297259000 159303 159910 159450 159450 159450 489567 469707 499000 499000 499000 392959083 393549956 392319329 394169329 394169329 49095 49165 59000 59000 59000 - - 29000 - - 1139000 1089906 1009000 1009000 1009000 8159145 8209108 8289000 8359000 8359000 1419229 1809720 909000 1009000 1009000 269933 279814 259000 269000 269000 1419428 1529698 1309000 1509000 1509000 1979340 1559913 1909000 1759000 1759000 299375 309350 309000 409000 409000 5439507 5249313 5409000 5409000 5409000 1769663 1719264 1809000 1829000 1829000 291889715 291769251 291209000 291539000 291539000 2 -10 2 -11 Fines & Forfeitures 3511000 County Court Fines 3839118 3249275 4259000 3359000 3359000 3541000 Code Violation Fines 49473 39055 79000 79000 79000 3542000 Intersection Safety Camera Program 198159911 195779459 192009000 193009000 193009000 ESubtotal-W ■ M 292039502 199049789 196329000 196429000 196429000 Misc. Revenues 3611000 Interest Earnings 319378 519680 1259000 1409000 1409000 3644200 Sale of Assets 269647 1289907 109000 259000 259000 3644910 Lost/Abandoned Property 29847 109 - - - 3644920 Evidence 559239 159766 - - - 3662000 AACC Contributions - - - - - 3662010 Brick Pavers - 300 - - - 3662020 Honor Roll - 109000 - - - 3699000 Misc. Revenues 469159 489140 309000 409000 409000 Subtotal 1629270 2549902 1659000 2059000 2059000 Non - Revenue 3811018 Transfer from 911 Fund 89000 309000 309000 309000 309000 3999000 Carryover 2199449438 1796259894 1790179013 1693789324 1693789324 Wsubtotal 2199529438 1796559894 1790479013 1694089324 1694089324 Total Available General Fund $ 5593399924 $ 5198159613 $ 5097999439 $ 5293209196 $ 5293209196 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 $9,094,962,102. This amount is 8.4% or $700,651 higher than last year. The ad valorem millage levy for fiscal year 2015/16 is recommended to be 1.7261, which is the same rate adopted last year. This will generate $14,913,874 compared to last year's amount of $13,764,950. This represents the twentieth year without an increase. City Tax Rate History: Ad Valorem Taxes - Current 1995/96 to 2006/07 — 2.2270 $20,000,000 2007/08 to present — 1.7261 $15,000,000 $10,000,000 $5,000, 00 0 4 ,�o° ,�oti ,�oti Doti Doti ,�oti ,�oti 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. Ad Valorem Taxes - Delinquent $700,000 $ 600,000 . $500,000 $400,000 $300,000 $200,000 $100,000 $- - 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 actual collections for the past two fiscal years. Utility Tax - Electric $5,000,000 $4,000,000 $3,000,000 $ 2,000,000 $1,000,000 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 actual collections for the past two fiscal years. Utility Tax - Water $950,000 $900,000 $850,000 $800,000 $750,000 o`, \ °o ,�o 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. Utility Tax - Gas $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $- o�,� °o oo�tio e°�ti� 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 anticipated actual collections for the past fiscal year. Unified Communications Tax $3,000,000 $2,500,000 $ 2,000,000 $1,500,000 $1,000,000 $500,000 i $- _ 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 2014/15 fiscal year. City Business Tax $1,000,000 $800,000 + $600,000 $400,000 $200,000 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 collections in the 2014/15 fiscal year and an anticipated increase in building activity. Building Permits i� $2,500,000 {• $ 2,000,000 $1,500,000 $1,000,000 $500,000 $- o\ °� o�\tio ,�o o, 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 collections compared to the actual amount collected for the 2013/14 fiscal year. Franchise Fee - Electric $3,500,000 $3,000,000 $2,500,000 J $ 2,000,000 $1,500,000 $1,000,000 $500,000 ' $_ - o�,� °o 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 $70,000 $60,000 $50,000 $40,000 _ $30,000 0' $20,000 $10,000 $ _ r' L \tio o ('O o� 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 $480,000 $460,000 $440,000 $420,000 $400,000 $380,000 oO, o�x �ti� 2 -15 3238000 Franchise Fee - Towing — The City awarded a franchise agreement for towing services within our corporate limits during the 2011/12 fiscal year. The amount is based on that agreement. 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 2014/15 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 by the State. The portion which 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 $600,000 $500,000 I $400,000 $300,000 $200,000 $100,000 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 an increase compared to the prior year. Half Cent Sales Tax $3,000,000 ` $2,500,000 $ 2,000,000 $1,500,000 $1,000,000 $500,000 o oo \tio ti °�ti� titi�ti� ti�,�ti� ti��ti� ti°Xtih ti��tio 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 $50,000 $48,000 $46,000 $44,000 i $42,000 �{ $40,000 $38,000 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 and the summer performing arts camp. Rental fees are recommended to increase for the first time since the facility opened in 2010. 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. 2 -17 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. 3542000 Intersection Safety Camera Program am — 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. 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 2015/16 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 CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 1000/2999 Personal Services $ 629432 $ 629869 $ 629063 $ 629650 $ 629650 3000/3999 Contractual Services - - - - - 4000/4999 Other Charges & Services 389452 399879 419176 429413 429413 5000/5399 Commodities 19511 19745 39300 39500 39500 5400/5499 Other Operating Expenses 179912 129926 189800 209000 209000 Total Operating Expenses $ 1209307 $ 1179419 $ 1259339 $ 1289563 $ 1289563 PERSONNEL ALLOCATION SUMMARY Position No. Position Title 2012/13 2013/14 2014/15 2015/16 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 Tota 1 7.0 7.0 7.0 7.0 2 -20 CITY OF AVENTURA CITY COMMISSION 2015/16 BUDGETARY ACCOUNT SUMMARY 001 - 0101 -511 OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 2 -21 PERSONAL SERVICES 1210 Commission Salaries $ 559029 $ 559321 $ 559000 $ 559000 $ 559000 2101 FICA 79168 79309 69865 79452 79452 2401 Workers' Compensation 235 239 198 198 198 Subtotal 629432 629869 629063 629650 629650 OTHER CHARGES & SERVICES 4030 Legislative Expenses 389452 399879 419176 429413 429413 Subtotal 389452 399879 419176 429413 429413 COMMODITIES 5101 Office Supplies 193 30 300 300 300 5290 Other Operating supplies 19318 19715 39000 39200 39200 Subtotal 19511 19745 39300 39500 39500 OTHER OPERATING EXPENSES 5410 Subscriptions & Memberships 109824 79311 99300 99500 99500 5420 Conferences & Seminars 69088 49615 89500 99500 99500 5981 Krop High School Scholarship 19000 19000 19000 19000 19000 Subtotal 179912 129926 189800 209000 209000 Total City Commission $ 1209307 $ 1179419 $ 1259339 $ 1289563 $ 1289563 2 -21 CITY COMMISSION BUDGET JUSTIFICATIONS 4030 Legislative Expenses — This account represents the $6,059 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 5981 Krop High School Scholarship — Annually the City Commission establishes this scholarship for Aventura students who are seniors attending Krop High School to offset College expenses. 2 -22 a ■ *� � I �iil OFFICE OF THE CITY MANAGER 2 -23 CITY OF AVENTURA OFFICE OF THE CITY MANAGER 2015/16 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. OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 1000/2999 Personal Services $ 7729744 $ 6619774 $ 6669431 $ 6799842 $ 6799842 3000/3999 Contractual Services 509700 509488 509000 529500 529500 4000/4999 Other Charges & Services 679777 499076 779200 759700 759700 5000/5399 Commodities 19666 29962 49500 49500 49500 5400/5499 Other Operating Expenses 69156 69751 99800 99200 99200 Irotal operating expenses $ 8999043 $ 7719051 $ 8079931 $ 8219742 $ 8219742 PERSONNEL ALLOCATION SUMMARY Position No. Position Title 2012/13 2013/14 2014/15 2015/16 0101 City Manager 1.0 1.0 1.0 1.0 4701 Capital Projects Manager /Code Enforcement Office 0.6 0.6 0.6 0.6 0701 Assistant to City Manager /Personnel Officer 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 Tota 1 4.6 3.6 3.6 3.6 2 -24 Office of the City Manager Organization Chart City Manager's Secretary City Manager 2-25 Capital Projects Manager/ Code Officer CITY OF AVENTURA OFFICE OF THE CITY MANAGER 2015/16 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 10th 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. PERFORMANCE WORKLOAD INDICATORS 2 -26 ACTUAL ACTUAL PROJECTED ESTIMATE 2012/13 2013/14 2014/15 2015/16 Citizen Requests & Inquires 24 28 30 30 Commission Requests 15 10 15 15 Community Meetings Attended 15 15 15 15 Agenda Back up Items Prepared 76 83 65 65 No. of Newsletters & Reports Issued 6 6 6 6 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 14 13 12 12 Capital Projects Completed 14 13 12 12 School Advisory Committee Meeting 5 5 5 5 2 -26 CITY OF AVENTURA OFFICE OF THE CITY MANAGER 2015/16 BUDGETARY ACCOUNT SUMMARY 001 - 0501 -512 OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 $ 5613408 $ PERSONAL SERVICES 1201 Employee Salaries 2101 FICA 2201 Pension 2301 Health, Life & Disability 2401 Workers' Compensation 79,283 Subtotal 813572 CONTRACTUAL SERVICES 3170 Lobbyist Services 3180 Medical Exams -New Employees 2,994 Subtotal Up 61214 OTHER CHARGES & SERVICES 4001 Travel & Per Diem 4040 Administrative Expenses 4041 Car Allowance 4101 Communication Services 4701 Printing & Binding 4710 Printing /Newsletter 4910 Advertising - Subtotal 50,700 COMMODITIES 5101 Office Supplies 5290 Other Operating Supplies 391 Subtotal 33500 OTHER OPERATING EXPENSES 5410 Subscriptions & Memberships 5420 Conferences & Seminars 5901 Contingency 113400 Subtotal 113400 Total City Manager $ 5613408 $ 473,565 $ 470,956 $ 4803190 $ 4803190 323189 253446 363028 363735 363735 903249 79,080 79,283 813572 813572 853904 80,495 73,950 743962 743962 2,994 31188 61214 63383 63383 7723744 661,774 666,431 679,842 679,842 503000 50,488 50,000 523500 523500 700 - - - - 50,700 50,488 50,000 523500 523500 23741 391 43000 33500 33500 - - 600 600 600 113400 113400 113400 113400 113400 23426 11692 21200 23200 23200 551 2,281 3,000 33000 33000 323521 33,312 55,000 553000 553000 183138 - 1,000 - - 67,777 49,076 77,200 753700 753700 13403 23497 43000 43000 43000 263 465 500 500 500 13666 2,962 4,500 43500 43500 3,239 61162 51800 63200 63200 23364 589 33000 23000 23000 553 - 19000 13000 13000 63156 63751 93800 93200 93200 $ 899,043 $ 771,051 $ 807,931 $ 8213742 $ 8213742 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 American Society of Public Administration 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 2 -28 ad -29 * woo' +'. M *� �+; m r �R7 Wis. 1 4 LEGAL CITY OF AVENTURA LEGAL 2015/16 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 CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 1000/2999 Personal Services $ - $ - $ - $ - $ - 3000/3999 Contractual Services 3479047 2939094 2659000 2759000 2759000 4000/4999 Other Charges & Services - - - - - 5000/5399 Commodities - - - - - 5400/5499 Other Operating Expenses 3,375 - 53000 55000 55000 tal Operating Expenses $ 350,422 $ 2935094 $ 2705000 $ 2805000 $ 2805000 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 2015/16 BUDGETARY ACCOUNT SUMMARY 001 - 0601 -514 OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 CONTRACTUAL SERVICES 3120 Prof. Services - Legal $ 3479047 $ 2939094 $ 2659000 $ 2759000 $ 2759000 3301 Court Costs & Fees - - - - - M Subtotal 1111rM 3479047 2939094 2659000 2759000 2759000 OTHER OPERATING EXPENSES 5901 Contingency 39375 - 59000 59000 59000 Subtotal 39375 - 59000 59000 59000 Total Legal $ 3509422 $ 2939094 $ 2709000 $ 2809000 $ 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 Cole & Bierman, P.A., at an hourly rate of $197 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 2015/16 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 CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013114 2014115 2015116 2015116 1000/2999 Personal Services $ 2275506 $ 2515286 $ 225,521 $ 2345985 $ 2345985 3000/3999 Contractual Services - - - - - 4000/4999 Other Charges & Services 455139 369277 795600 455400 459400 5000/5399 Commodities 25420 39398 45600 45000 49000 5400/5499 Other Operating Expenses 25207 15753 35300 35300 35300 Motal Operating Expenses $ 2773272 $ 2925714 $ 313,021 $ 287,685 $ 2875685 PERSONNEL ALLOCATION SUMMARY Position No. Position Title 2012/13 2013/14 2014/15 2015/16 0501 City Clerk 3005 Executive Assistant to City Clerk Total 2 -33 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 2.0 2.0 2.0 2.0 City Clerk's Office Organization Chart City Clerk Executive Asst to City Clerk 2-34 CITY OF AVENTURA CITY CLERK'S OFFICE 2015/16 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 2012/13 2013/14 2014/15 2014/15 No. of Sets of Minutes Prepared 33 38 33 34 No. of Public Notices Prepared 39 39 40 35 No. of Legal Advertisements Published 18 21 20 20 No. of Ordinances Drafted 6 9 5 7 No. of Resolutions Drafted 30 33 20 40 No. of Lien Requests Responded To 17687 17858 17650 17750 No. of Welcome Letters Prepared 485 449 350 340 No. of Agenda Packages Prepared /Distributed 33 33 33 27 No. of Agenda Recaps Prepared /Distributed 12 14 12 13 No. of Proclamations Issued 6 10 10 18 2 -35 CITY OF AVENTURA CITY CLERK'S OFFICE 2015/16 BUDGETARY ACCOUNT SUMMARY 001 -0801 -519 OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 2 -36 PERSONAL SERVICES 1201 Employee Salaries $ 1739299 $ 1939949 $ 1679540 $ 1709685 $ 1709685 1401 Overtime 873 796 700 800 800 2101 FICA 129595 139833 129817 139057 139057 2201 Pension 229940 239757 249606 259062 259062 2301 Health, Life & Disability 179348 189382 199255 249767 249767 2401 Workers' Compensation 451 569 603 614 614 1[ Subtota I-JR11111111W 2279506 2519286 2259521 2349985 2349985 OTHER CHARGES & SERVICES 4001 Travel & Per Diem 19841 598 39000 39000 39000 4041 Car Allowance 69000 69000 69000 69000 69000 4101 Telephone 600 600 600 900 900 4701 Printing & Binding 249 297 39000 39000 39000 4730 Records Retention 797 19094 49000 49000 49000 4740 Ordinance Codification 39496 39853 39000 39500 39500 4911 Legal Advertising 169340 279085 259000 259000 259000 4915 Election Expenses 159816 (39250) 359000 - - Subtotal 459139 369277 799600 459400 459400 COMMODITIES 5101 Office Supplies 29061 29734 39200 39200 39200 5120 Computer Operating Supplies - - 600 - - 5290 Other Operating Supplies 359 664 800 800 800 l Subtotal 29420 39398 49600 49000 49000 OTHER OPERATING EXPENSES 5410 Subscriptions & Memberships 19223 19148 19300 19300 19300 5420 Conferences & Seminars 984 605 29000 29000 29000 Subtotal 29207 19753 39300 39300 39300 Total City Clerk $ 2779272 $ 2929714 $ 3139021 $ 2879685 $ 2879685 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 2015/16 DEPARTMENT DESCRIPTION To provide overall financial and support services to the organization which includes accounting, cash management, purchasing, risk management, personnel management financial planning and budgetary control. OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013114 2014/15 2015116 2015/16 1000/2999 Personal Services 3000/3999 Contractual Services 4000/4999 Other Charges & Services 5000/5399 Commodities 5400/5499 Other Operating Expenses 3601 Total Operating Expenses Position No. Position Title 1001 Finance Director 1501 Controller 13701 Human Resources Manager 1301 Purchasing Agent 1201 -1202 Accountant 3601 Customer Service Rep. II 405440 Total $ 7125246 $ 837136 $ 8625010 $ 8875427 $ 8875427 475477 565056 635000 575000 575000 85709 235719 405440 375940 375940 65651 7131 105100 105100 105100 55397 7,520 115425 115425 115425 $ 780,480 $ 931,562 $ 9865975 $ 150035892 $ 150035892 PERSONNEL ALLOCATION SUMMARY 2012/13 2013/14 2014/15 2015/16 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 2.0 2.0 2.0 2.0 1.0 1.0 1.0 1.0 6.0 7.0 7.0 7.0 2 -39 Finance Department Organization Chart Finance Director Risk Management Controller Accounting Purchasing 2 Accountants Purchasing Agent Customer Service Representative 11 2-40 Human Resources Human Resources Manager CITY OF AVENTURA FINANCE 2015/16 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. 10. Maintain effective personnel system to allow for timely recruitment and hiring of employees PERFORMANCE WORKLOAD INDICATORS 2 -41 ACTUAL ACTUAL PROJECTED ESTIMATE 2012/13 2013/14 2014/15 2015/16 % 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% 98% 99% 99% % of invoices processed within 10 days 98% 99% 99% 99% Number of bi- weekly payroll processed timely 26 26 26 26 Annually review adequacy of insurance coverage 1 1 1 1 Number of New Hires — Full -time 6 9 5 6 Number of New Hires — Part -time 9 8 8 8 2 -41 CITY OF AVENTURA FINANCE 2015/16 BUDGETARY ACCOUNT SUMMARY 001- 1001 -513 OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014115 2015116 2015/16 2 -42 PERSONAL SERVICES 1201 Employee Salaries $ 503,255 $ 5915181 $ 5995853 $ 6175849 $ 6175849 2101 FICA 345152 40,691 455889 47,265 475265 2201 Pension 695649 82181 865739 89,341 895341 2301 Health, Life & Disability 1035914 1215363 1275370 1305748 1303748 2401 Workers' Compensation 1,276 1,720 25159 2,224 25224 Subtota 71 25246 8375136 8623010 8879427 8873427 CONTRACTUAL SERVICES 3180 Medical Exams - New Employees - 15565 33000 39000 33000 3190 Prof. Services 2,502 2,691 55000 5,000 55000 3201 Prof. Services - Auditor 445975 519800 553000 499000 493000 Subtotal 475477 565056 633000 579000 573000 OTHER CHARGES & SERVICES 4001 Travel & Per Diem 3,519 4,677 75500 7,500 75500 4101 Communication Services 840 1,440 15440 1,440 15440 4610 R &M - Vehicles 15255 488 13500 19500 13500 4650 R &M- Office Equipment - 125 55500 5,500 55500 4701 Printing & Binding 15114 25951 43000 49000 43000 4910 Advertising 15714 135825 203000 179500 173500 4990 Other Current Charges 267 213 500 500 500 Subtotal 83709 235719 403440 379940 373940 COMMODITIES 5101 Office Supplies 35473 35558 53000 59000 53000 5120 Computer Operating Supplies 465 1,000 15000 1,000 15000 5220 Gas & Oil 25363 25567 33800 39800 33800 5290 Other Operating Supplies 350 6 300 300 300 Subtotal 0 65651 7131 105100 10,100 105100 OTHER OPERATING EXPENSES 5410 Subscriptions & Memberships 2,707 3,570 35925 3,925 35925 5420 Conferences & Seminars 29535 35638 53500 59500 53500 5450 Training 155 312 15500 1,500 15500 5901 Contingency - - 500 500 500 Subtotal 55397 7,520 115425 11,425 115425 Total Finance $ 7805480 $ 9315562 $ 9865975 $ 150035892 $ 150035892 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 audit - 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. Florida Association of Public Procurement Officer Florida Government Finance Officers Association Florida Institute of Certified Public Accountants Government Finance Officers Association HR Florida Conference & Expo National Institute of Governmental Procurement 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. American Institute of Certified Public Accountants American Payroll Association Florida Association of Public Procurement Officer Florida Government Finance Officers Association Florida Institute of Certified Public Accountants Florida Public Human Resources Association, Inc. Government Finance Officers Association Greater Miami Society for Human Resource Management Human Resources Association of Broward County International Public Management Association for Human Resources National Contract Management Association National Institute of Governmental Procurement Society for Human Resource Management 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. Akerman Labor & Employment Law Seminar Florida Association of Public Procurement Officer 2 -43 Florida Government Finance Officers Association Florida Institute of Certified Public Accountants Florida Public Human Resources Association Annual Conference Government Finance Officers Association HR Florida Conference & Expo International Public Management Association or other personnel - related conferences & seminars National Institute of Governmental Procurement Society for Human Resource Management National Conference 2 -44 a /album ;,; low f ' +'. +r + m � _y+ � i % .•� III �..• to ■� INFORMATION TECHNOLOGY 2 -45 CITY OF AVENTURA INFORMATION TECHNOLOGY 2015/16 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 CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 1000/2999 Personal Services $ 5749857 $ 6019271 $ 7119423 $ 7299713 $ 7299713 3000/3999 Contractual Services 49383 59252 109000 109000 109000 4000/4999 Other Charges & Services 1689138 1699122 2159605 2429165 2429165 5000/5399 Commodities 169249 149758 189000 189000 189000 5400/5499 Other Operating Expenses 39829 49562 139560 139560 139560 Total Operating Expenses $ 7679456 $ 7949965 $ 9689588 $ 190139438 $ 190139438 PERSONNEL ALLOCATION SUMMARY Position No. Position Title 2012/13 2013/14 2014/15 2015/16 9201 Information Technology Director 8701 -8702 Network Administrator II 1402 Network Administrator 1 13201 Commun Tech Project Specialist 13601 -13602 Support/Project Specialist 1.0 Tota I 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 2.0 2.0 2.0 2.0 6.0 6.0 6.0 6.0 2 -46 Information Technology Department Organization Chart Network Administrator (2) Information Technology Director Communications Tech Project Specialist (1) 2 -47 Support/ Project Specialist (2) CITY OF AVENTURA INFORMATION TECHNOLOGY 2015/16 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 a central computer system that serves the information management needs of ACES. 4. Provide help desk services for City and ACES staff. 5. Develop a 3 - 4 year replacement cycle for computing equipment. 6. Expand E- Government applications and services. 7. Address departmental and customer requests to enhance the information on the City's, ACES' and Aventura Arts & Cultural Center's websites. 8. Enhance the City's intranet to provide timely information to City staff. 9. Deliver a consistent message to the City's customers by coordinating communications including social media. 10. Improve AVTV and the City's Information Radio Station WPZQ420 1650AM by keeping information accurate and current and by varying programming. 11. Coordinate the creation and distribution of the City's periodical publications including newsletters and annual report. 12. Provide training on computer applications and computer related topics. PERFORMANCE WORKLOAD INDICATORS % of time computer network is operational % of time www.cityofaventura.com is available % of time www.aventuracharter.org is available Number of workstations supported Number of physical servers supported Number of virtual servers supported Number of help desk support cases Number of City periodical publications coordinated Number of training sessions held ACTUAL 2012/13 ACTUAL 2013/14 PROJECTED 2014/15 ESTIMATED 2015/16 99 99 99 99 99 99 99 99 99 99 99 99 240 776 775 775 9 12 16 17 25 35 37 35 37133 37740 37800 37800 4 4 4 4 4 4 4 4 CITY OF AVENTURA INFORMATION TECHNOLOGY 2015/16 BUDGETARY ACCOUNT SUMMARY 001 - 1201 -513 OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 2 -49 PERSONAL SERVICES 1201 Employee Salaries $ 4089239 $ 4229781 $ 4889173 $ 5059611 $ 5059611 2101 FICA 289967 309024 379345 389679 389679 2201 Pension 559929 589433 699844 729330 729330 2301 Health, Life & Disability 809680 889815 1149308 1119278 1119278 2401 Workers' Compensation 19042 19218 19753 19815 19815 Subtota 1 5749857 6019271 7119423 7299713 7299713 CONTRACTUAL SERVICES 3190 Other Prof. Services 49383 59252 109000 109000 109000 Subtotal 49383 59252 109000 109000 109000 OTHER CHARGES & SERVICES 4001 Travel & Per Diem 39530 19608 59300 59300 59300 4041 Car Allowance 69000 69000 69000 69000 69000 4101 Communication Services 59707 69909 89500 79660 79660 4650 R &M- Office Equipment 1309144 1329905 1689105 1949245 1949245 4701 Printing & Binding 181 123 500 500 500 4851 Web Page Maintenance 69522 69598 89000 99260 99260 4852 Email Hosting Services 169054 149979 199200 199200 199200 Subtota PF 1689138 1699122 2159605 2429165 2429165 COMMODITIES 5101 Office Supplies 19891 19288 39000 39000 39000 5120 Computer Operating Supplies 149358 139470 159000 159000 159000 Subtotal 169249 149758 189000 189000 189000 OTHER OPERATING EXPENSES 5410 Subscriptions & Memberships 19374 29049 29460 29460 29460 5420 Conferences & Seminars 19255 19153 39100 39100 39100 5450 Training 19200 19360 89000 89000 89000 ESubtotal 39829 49562 139560 139560 139560 Total Information Technology $ 7679456 $ 7949965 $ 9689588 $ 190139438 $ 190139438 2 -49 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 SUNGARD as well as other major hardware maintenance paid directly to IBM or other vendors. Includes Cisco Networking equipment, security software, digital signs and application maintenance. 4851 Web Page Maintenance — Costs associated with maintaining and updating the City's Web Page and associated online services. 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 fund memberships with 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 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: 2 -50 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. 2 -51 PUBLIC SAFETY 2 -52 CITY OF AVENTURA POLICE 2015/16 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 CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 1000/2999 Personal Services $ 1495699933 $ 1497639836 $ 1594529180 $ 1691079837 $ 1691079837 3000/3999 Contractual Services 7129354 6759744 5689000 5889500 5889500 4000/4999 Other Charges & Services 6569853 6219491 7509000 7359500 7359500 5000/5399 Commodities 5879608 6019408 5899500 5879500 5879500 5400/5499 Other Operating Expenses 449340 359507 449000 499000 499000 12.0 2101 -2106 Total Operating Expenses $ 1695719088 $ 1696979986 $ 1794039680 $ 1890689337 $ 1890689337 PERSONNEL ALLOCATION SUMMARY Position No. Position Title 2012/13 2013/14 2014/15 2015/16 0901 Police Chief 1.0 1.0 1.0 1.0 9401 -9402 Majors 2.0 2.0 2.0 2.0 2601 Commander 1.0 1.0 1.0 1.0 3002 Executive Assistant 1.0 1.0 1.0 1.0 2201 -2204 Captains 4.0 4.0 4.0 4.0 2301 -2313 Sergeants 12.0 12.0 12.0 12.0 2101 -2106 Detectives 6.0 6.0 6.0 7.0 2001 -2060 Police Officers 57.0 57.0 59.0 58.0 6201 Crime Prev Coordinator 1.0 1.0 1.0 1.0 3701 Crime Analyst 1.0 1.0 1.0 1.0 5501 Property Room /Crime Scene Supervisor 1.0 1.0 1.0 1.0 3901 Crime Scene Tech II 1.0 1.0 1.0 1.0 2801 -2804 Police Service Aides 4.0 4.0 4.0 4.0 4801 Property Room /Crime Scene Tech 1.0 1.0 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 1401 Records Specialist - - - 1.0 1601 911 Manager 1.0 1.0 1.0 1.0 13001 -13003 Communication Supervisor 3.0 3.0 3.0 3.0 12901 -12906 Communication Officer III 4.0 5.0 6.0 6.0 6701 -6706 Communication Officer II 6.0 6.0 6.0 6.0 2701 -2704 Communication Officer 3.0 2.0 1.0 1.0 8601 -8602 Administrative Asst. III 2.0 2.0 2.0 2.0 13501 -13502 Personnel & Training Specialist 2.0 2.0 2.0 2.0 7501 Fleet Manager /Quartermaster 1.0 1.0 1.0 1.0 13801 Emergency Vehicle Technician - - 1.0 1.0 9301 Fleet Maintenance Worker 2.0 2.0 1.0 1.0 Tota 1 121.0 121.0 123.0 124.0 2 -53 Administrative Services Commander Captain 1 911 Manager 16 Comm. Officers/Supervisors 1 Records Supervisor 2 Records Clerks 1 Data Entry Clerk 1 PSA 1 Officer 1 Fleet Mgr /Quartermaster 1 Fleet Maintenance Worker Emergency Vehicle Technician 2 Personnel/ Training 1 Admin Assistant Public Records Specialist POLICE DEPARTMENT 2015/16 Organization Chart Chief of Police Executive Assistant I Operations Specialized Services Major Major 2 Captains Captain 6 Patrol Sergeants 35 Patrol Officers 2 Mall Sergeant 11 Mall Officers 3 PSA's 1 Sergeant Traffic 5 Traffic Officers 1 Marine Patrol 1 School Resource Officers 2-54 2 Sergeants 6 Detectives 1 CSU Sergeant 5 CSU Officers Crime Scene/Property Supervisor 1 Crime Scene Technicians 1 Crime Prevention Specialist 1 Crime Analyst 1 PSA 1 Admin. Assistant CITY OF AVENTURA POLICE 2015/16 OBJECTIVES 1. Move forward with replacement of the current E911 system to a newer, more technologically advanced system. 2. Upgrade RMS from the current H.T.E. system to the OSSI system; the new OSSI CAD system has been installed and is up and running. 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 our Detective Bureau and various task forces and /or other agencies regarding organized crime and theft and fraud groups. 5. Maintain service levels provided to the public by all Divisions within the agency. 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. 2 -55 PERFORMANCE WORKLOAD INDICATORS ACTUAL ACTUAL PROJECTED ESTIMATE 2012/13 2013/14 2014/15 2014/15 Man -hours Assigned to traffic flow Issues 187500 187750 197000 197000 Progress Toward National Re- accreditation 33% 33% 100% 33% Personnel Hired 3 4 4 8 Community Programs 36 38 39 39 Community Presentations 46 52 50 50 Community Involvement Activities 38 40 41 41 Man hours Assigned to School Resources 2400 2400 2400 2400 Calls for Service 297123 287682 187712* 187712* Arrests 27015 17937 17732 17800 Accidents 27046 27134 27194 27000 Traffic Citations 167918 187690 167702 177000 Parking Citations Issued 17847 17498 17566 17500 Part 1 Crimes Reported 27353 27210 27286 27300 Customer Service Surveys 17000 17000 17000 17000 * Calls for service are estimated to be lower due to reclassification of call types by new OSSI CAD software. 2 -55 CITY OF AVENTURA PUBLIC SAFETY 2015/16 BUDGETARY ACCOUNT SUMMARY 001 - 2001 -521 OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 2 -56 PERSONAL SERVICES 1201 Employee Salaries $ 896909749 $ 899529437 $ 992999076 $ 997389536 997389536 1390 Court Time 1219069 1189861 1109000 1149000 1149000 1401 Overtime 7659874 6919807 7509000 7509000 7509000 1410 Holiday Pay 1759453 1529568 1509000 1509000 1509000 1501 Police Incentive Pay 689175 709000 709440 719560 719560 2101 FICA 7049274 7279194 7299964 7639669 7639669 2201 Pension 292549651 290939314 290749902 291889397 291889397 2301 Health, Life & Disability 195709624 197009357 198279100 198779264 198779264 2401 Workers' Compensation 2199064 2579298 4409698 4549411 4549411 9 Subtotal 1495699933 1497639836 1594529180 1691079837 1691079837 CONTRACTUAL SERVICES 3180 Medical Exams 39473 49492 39000 39500 39500 3190 Prof. Services - Traffic Safety Prc 6709983 6659699 5509000 5509000 5509000 3192 Prof. Services 379898 59553 159000 359000 359000 Subtotal 7129354 6759744 5689000 5889500 5889500 OTHER CHARGES & SERVICES 4001 Travel & Per Diem 159192 129027 159000 159000 159000 4040 Administrative Expenses 99174 109124 109000 109000 109000 4042 Recruiting & Hiring Expense 882 933 19000 29000 29000 4043 CALEA Accreditation 49140 69008 209000 69000 69000 4050 Investigative Expense 109786 149503 159000 159000 159000 4101 Communication Services 929008 929276 1109000 1109000 1109000 4201 Postage 39329 39967 49000 49000 49000 4420 Leased Equipment 779264 639870 729000 729000 729000 4440 Copy Machine Costs 39272 19980 49000 39000 39000 4610 R &M- Vehicles 1679525 1099096 1159000 1159000 1159000 4645 R &M- Equipment 1449304 1909502 2509000 2509000 2509000 4650 R &M- Office Equipment 1259809 1119479 1309000 1309000 1309000 4701 Printing & Binding 39168 49726 49000 39500 39500 Subtotall= 6569853 6219491 7509000 7359500 7359500 COMMODITIES 5101 Office Supplies 119517 99018 149000 149000 149000 5115 Byrne Grant Match 139571 149155 109000 109000 109000 5120 Computer Operating Supplies 209288 149357 159000 159000 159000 5220 Gas & Oil 3739720 3619664 3509000 3409000 3409000 5240 Uniforms 189264 329644 309000 359000 359000 5245 Uniform Allowance 709250 699905 709000 709000 709000 5266 Photography - 431 500 500 500 5270 Ammunition 339535 369486 409000 409000 409000 5290 Operating Supplies 469463 629748 609000 639000 639000 Subtotal 5879608 6019408 5899500 5879500 5879500 OTHER OPERATING EXPENSES 5410 Subscriptions & Memberships 69197 49207 69000 69000 69000 5430 Educational Assistance 832 39516 39000 89000 89000 5450 Training 379311 279784 359000 359000 359000 Subtotal 449340 359507 449000 499000 499000 Total Public Safety $ 1695719088 $ 1696979986 $ 1794039680 $ 1890689337 $ 1890689337 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. 3190 Professional Services — Costs associated with the Intersection Traffic Safety Camera Program including payments to the vendor for the equipment and the use of contractual employees to review the violations. 3192 Professional Services — Costs associated with outsourcing the administration of promotional testing, document imaging, attorney fees and other professional services. Sergeant's exam will be given in FY 2015/2016. 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 required pre -hire testing. 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, vehicle GPS, computer system communications and other communication devices. 4420 Leased Equipment — Covers costs for leased equipment and vehicles. 2 -57 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. 4645 R &M Equipment — Funds allocated to this account will be used for repair and maintenance of Police Department radios, computers, software and other equipment. 4650 R &M Office Equipment — This account covers the cost of the OSSI software maintenance and upgrades. 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 Photography — Funds from this account are used to purchase 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. 5430 Educational Assistance — This account is used to reimburse employees up to 75% of the state tuition rate for college courses and /or college degrees that are related to their job functions. 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 2015/16 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 CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 1000/2999 Personal Services $ 7289184 $ 7619434 $ 8029585 $ 8359783 $ 8359783 3000/3999 Contractual Services 191349148 196319504 192159000 194809000 194809000 4000/4999 Other Charges & Services 479990 579272 629300 629300 629300 5000/5399 Commodities 119185 99326 159650 149650 149650 5400/5499 Other Operating Expenses 29567 29522 89900 89900 89900 Total Operating Expenses $ 199249074 $ 294629058 $ 291049435 $ 294019633 $ 294019633 PERSONNEL ALLOCATION SUMMARY Position No. Position Title 2012/13 2013/14 2014/15 2015/16 13101 Community Development Director 4201 Building Official (P /T) 9001 Executive Assistant/Planning Technician 3601 -3604 Customer Service Rep II 8901 Code Compliance Officer II /Zoning Review 8902 Code Compliance Officer (P /T) 4701 Capital Projects Manager /Code Enforcement Officei 4.0 Total Full -Time 1.0 Total Part -Time 1.0 Tota I 2 -60 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 4.0 4.0 4.0 4.0 1.0 1.0 1.0 1.0 - - - 1.0 0.4 0.4 0.4 0.4 7.4 7.4 7.4 7.4 1.0 1.0 1.0 2.0 8.4 8.4 8.4 9.4 Community Development Department Building Inspections & Permittina Building Official Contractual Building Review &Inspection Services 3 Customer Service Rep II Organization Chart Community Development Director Code Enforcement Business Tax Receipts Code Compliance Officer 11 Code Compliance Officer I P/T Capital Projects Coor. /Code Compliance Officer Customer Service Rep II/ Compl /Inspect 2 -61 Exec Assistant/ Planning Tech Planning Contractual Planner CITY OF AVENTURA COMMUNITY DEVELOPMENT 2015/16 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. Provide staff support at Special Master hearings. 7. Provide staff support for the City's Intersection Safety Camera Program. 8. Maintain privatized building inspection and review. 9. Maintain an up -to -date listing of existing businesses in the City. 10. Provide building inspections within 24 hours of the request. 11. Complete non - complex building plan review within 10 days. 12. Provide all building, planning, zoning and local business tax receipt applications on the City's website for download. 13. Continue to provide inspection services on the City's website. 14. Provide H.T.E. modules for credit card base for payment in person and by internet. 15. Review software for electronic submission of building permits and plans. 16. Update procedural manual for all divisions of the department. 17. Update H.T.E. Land Management Parcel records to ensure efficient operation of all divisions of the department. 18. Continue with the records management program for all divisions of the department. PERFORMANCE WORKLOAD INDICATORS ACTUAL ACTUAL PROJECTED ESTIMATE 2 -62 2012/13 2013/14 2014/15 2015/16 No. of Local Business Tax Receipts Issued 27712 27388 27800 27800 No. of Code Notice of Violations Issued 187 139 200 200 No. of Special Master Hearings 22 445 400 400 No. of Building Permits Issued 57141 57244 47500 57000 No. of Building Inspections Performed 87954 107438 87000 97000 No. of Land Development Petitions Processed 10 20 10 10 No. of Variance Requests Processed 6 2 3 4 No. of Site Plans Reviewed 7 8 5 5 % of Inspections Performed 24 H rs. of Request 99 99 99 99 % of Plan Reviews Conducted Within 10 Days 98 98 98 98 2 -62 CITY OF AVENTURA COMMUNITY DEVELOPMENT 2015/16 BUDGETARY ACCOUNT SUMMARY 001 -4001 -524 OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012113 2013114 2014115 2015/16 2015/16 2 -63 PERSONAL SERVICES 1201 Employee Salaries $ 527,361 $ 5445493 $ 5659989 $ 5965993 $ 5969993 1401 Overtime 402 19378 800 800 800 2101 FICA 395226 40,405 435298 45,670 455670 2201 Pension 655841 68,982 735250 75,447 755447 2301 Health, Life & Disability 905260 1009411 1063031 1025288 1023288 2401 Workers' Compensation 55094 59765 133217 149585 143585 Subtotal 7285184 761,434 8025585 835,783 8355783 CONTRACTUAL SERVICES 3101 Building Inspection Services 150955737 155355133 131753000 154005000 134003000 3190 Prof. Services 38,411 96,371 405000 80,000 805000 IWSubtotafW 11345148 1,631,504 152155000 1,480,000 154805000 OTHER CHARGES & SERVICES 4001 Travel & Per Diem 1,098 1,436 45000 4,000 45000 4041 Car Allowance 65000 6,000 65000 6,000 65000 4101 Communication Services 15244 19221 13500 19500 13500 4420 Lease Equipment 595 411 23800 29800 23800 4610 R &M - Vehicles 414 185 25000 2,000 25000 4645 R &M - Equipment 456 - 19000 1,000 15000 4701 Printing 55501 59542 53000 59000 53000 4730 Records Retention 325682 429477 403000 409000 403000 Subtotal 475990 579272 623300 629300 623300 COMMODITIES 5101 Office Supplies 55722 49595 73500 79500 73500 5120 Computer Operating Supplies 13906 19306 23000 29000 23000 5220 Gas & Oil 35075 2,884 45000 3,000 35000 5240 Uniforms 482 541 650 650 650 5245 Uniform Allowance - - 13500 19500 13500 ESubtotal?W 115185 99326 153650 149650 143650 OTHER OPERATING EXPENSES 5410 Subscriptions & Memberships 13107 19031 23500 29500 23500 5420 Conferences & Seminars 15460 19203 33400 39400 33400 5450 Training - 288 25500 2,500 25500 5901 Contingency - - 500 500 500 Subtotal 25567 29522 83900 89900 83900 Total Community Development $ 159243074 $ 254625058 $ 231043435 $ 254015633 $ 234013633 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 2015/16 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 CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012113 2013114 2014/15 2015/16 2015116 1000/2999 Personal Services $ 133083452 $ 133953326 $ 134333710 $ 134943398 $ 134943398 3000/3999 Contractual Services 1,543,132 135773699 136513000 137703000 137703000 4000/4999 Other Charges & Services 133613656 133863005 133373500 134433250 134433250 5000/5399 Commodities 23,426 233179 309750 293750 293750 5400/5499 Other Operating Expenses 123747 123900 233250 233250 233250 1.0 13901 Votal Operating Expenses $ 492499413 $ 433953109 $ 494769210 $ 497603648 $ 437603648 PERSONNEL ALLOCATION SUMMARY Position Ni Position Title 2012/13 2013/14 2014/15 2015/16 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 Public Works Coordinator 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 13901 Parks and Recreation Manager II - - 1.0 1.0 4901 Parks and Recreation Manager 2.0 2.0 1.0 1.0 1901 -1903 Parks and Recreation Supervisor 2.0 3.0 3.0 3.0 10401 Community Rec Center Supervisor 1.0 1.0 1.0 1.0 5801 -5803 Park Attendant (FIT) 3.0 2.0 2.0 3.0 5701 -5711 Park Attendant (P/T) 12.0 12.0 12.0 11.0 Total Full -Time 14.0 14.0 14.0 15.0 Total Part -Time 12.0 12.0 12.0 11.0 Total 26.0 26.0 26.0 26.0 2 -66 Community Services Department Organization Chart F � �9 Director of Community Servicu Exawtlw Ast Miew■ft � u� ARM * fmN L CaMMUMN1 Pam L FaN L �a�r f*iNRrN CNEbrodud !rd■tlr IMarWdn iNMrMl= irQew"M i�ar�ll�n Crs�i�lr IYI� dwoodud Pa16 JIMMM � i�r■sw IYrld�a woo eblumar WEN • Public Works • GIS /Mapping • Public Works Permitting • ROW /Streets/ Stormwater Drainage Maintenance • Landscape Maintenance /Beautification • Engineering City Buildings & Facilities Maintenance 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 2015/16 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 using efficient lighting and water management practices. PERFORMANCE WORKLOAD INDICATORS ACTUAL ACTUAL PROJECTED ESTIMATE 2015 -16 Youth Sports Calendar 2011/12 2013/14 2014/15 2015/16 Resident complaints & concerns cleared 132 138 140 135 Advisory Board Meetings attended 5 5 5 5 C I P projects completed 3 6 5 5 Tree City re- certification 1 1 1 1 Stormwater basins /systems cleaned for compliance 61 65 65 65 Shuttle bus ridership 2847876 2797983 2907000 2957000 Community Recreation Center attendance 807915 797549 817000 817500 Number of participants registered in youth sports 967 939 975 170250 Number of public outreach programs & special events 8 10 10 10 2015 -16 Youth Sports Calendar Sport Season Flag Football Sept - Oct Basketball Oct - Dec Boys Soccer Jan- May Girls Soccer Oct - May Little League Baseball Mar - May CITY OF "ENTURA COMMUNITY SERVICES 2015/16 BUDGETARY ACCOUNT SUMMARY 001 - 5001 -539 OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 PERSONAL SERVICES 1201 Employee Salaries $ 9473238 $ 9939670 $ 1,020,558 $ 1,055,198 $ 1,055,198 1401 Overtime 103832 129663 149000 149500 143500 2101 FICA 705185 73,530 78,073 80,723 805723 2201 Pension 1095713 120,853 127,247 134,586 134,586 2301 Health, Life & Disability 141,435 161,532 171,365 185,207 185,207 2401 Workers' Compensation 29,049 33,078 22,467 24,184 245184 Subtotal 11308,452 11395,326 1,433,710 1,494,398 1,494,398 CONTRACTUAL SERVICES 3113 Prof. Services - Comm. Cen. Inst. 100,645 833657 1103000 1103000 1109000 3150 Prof. Services - Landscape Arch. 79630 49983 159000 153000 159000 3160 Prof. Services - Security 369510 323015 373000 383000 389000 3450 Lands/Tree Maint. Svcs - Streets 790,906 7973660 8253000 8353000 8353000 3451 Bea utification /Signage 55,890 1013237 723000 723000 725000 3452 Lands/Tree Maint. Svcs - Parks 212,911 2243577 2423000 2453000 2453000 3455 Transportation Services 3385640 3333570 3503000 4553000 4555000 W Subtota 13543,132 135773699 1,651,000 1,770,000 1,770,000 OTHER CHARGES & SERVICES 4001 Travel & Per Diem 19184 29576 29500 29500 29500 4041 Car Allowance 69000 69000 69000 69000 69000 4101 Communication Services 69598 69867 79250 79250 79250 4301 Utilities - Electric 67,225 693438 503000 503000 505000 4311 Utilities - Street Lighting 212,169 2343264 2103000 2103000 2103000 4320 Utilities -Water 2611130 2103364 2053000 2053000 2053000 4420 Lease 2,369 25380 85500 105000 105000 4610 R &M - Vehicles 45491 75937 65000 55000 55000 4620 R &M - Buildings 629964 793092 623500 673500 679500 4631 R &M - Janitorial Services 429190 443727 453000 463000 469000 4645 R &M - Equipment 139411 143483 173000 203000 203000 4672 R &M - Parks 639624 643338 803000 903000 903000 4691 R &M - Streets 149071 123497 123500 123500 123500 4701 Printing & Binding 2,647 53759 63500 63500 65500 4850 Special Events 555672 653751 753000 753000 753000 4851 Cultural /Recreation Programs 108,288 1163629 1103000 1103000 1103000 4852 Founders Day Activities 595752 62,217 63,750 150,000 150,000 4854 Summer Recreation 3773871 3803686 3703000 3703000 3703000 Subtotal 1,361,656 133863005 1,337,500 1,443,250 1,443,250 COMMODITIES 5101 Office Supplies 4,198 33756 63000 63000 63000 5120 Computer Operating Supplies 7,418 73810 83500 83500 83500 5220 Gas & Oil 53559 53784 53500 43500 43500 5240 Uniforms 53078 53286 73250 73250 73250 5290 Other Operating Supplies 13173 543 33500 33500 33500 U SubtotalIF111111111M 233426 233179 303750 293750 293750 OTHER OPERATING EXPENSES 5410 Subscriptions & Memberships 2,330 23549 23750 23750 23750 5420 Conferences & Seminars 575 23575 33000 33000 33000 5450 Training 83982 23037 103000 103000 103000 5901 Contingency 860 53739 73500 73500 73500 Subtotal 123747 123900 233250 233250 233250 Total Community Services $ 43249,413 $ 433953109 $ 4,4763210 $ 4,7603648 $ 4,7603648 2 -69 COMMUNITY SERVICES DEPARTMENT 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 Services — Provides funding for costs associated with contracting tree, landscape, irrigation and flower maintenance services for all public right -of -ways, medians. 3451 Beautification /Signage - Provides funding for banner and street furniture maintenance and repairs. Funding request includes costs for median informational signage upgrades, replacing Entrance Features metal halide light fixtures on NE 199 ST with LED fixtures, new banners and associated hardware, and re- surfacing on an ongoing basis. 3452 Landscape /Tree Maintenance Services Parks - Provides funding for complete landscape maintenance services for Founders Park, Waterways Park, Waterways Dog Park and Veterans Park. Services include: irrigation and grounds maintenance services; tree trimming, specialized Bermuda turf maintenance for athletic fields that includes liquid fertilization and deep tine aeration 6 times per year, specialty pesticide applications for the Dog Park, and general park maintenance. 3455 Transportation Services - Funding level includes providing five mini -bus public transit routes six days per week on a contractual basis that carries over 290,000 passengers per year, including the printing costs for route schedules. Transit system links the residential areas to community, retail, and medical establishments, as well as Miami -Dade and Broward routes. Additional funding has been provided to address possible route improvements during peak times. 4311 Utilities Street Lighting - Provides funding for services associated with maintaining street lighting in the various areas of the City. 4320 Utilities Water - Provides funding for purchasing water for irrigating the medians, parks, swales and right of ways in the City. 4620 R &M Buildings - Provides for funding the necessary building repair and maintenance functions for the Community Recreation Center, park buildings, for HVAC maintenance; pest control services; fire alarm system monitoring, roof inspections, general building repairs, painting, security system monitoring; and annual gymnasium floor maintenance. Funding request includes upgrading trash receptacles to include re- cycling materials and replacing existing lights with LED energy saving fixtures. 2 -70 4672 R &M Parks - Provides funding for repair and maintenance of park amenities and equipment. Funding request includes costs for replacing two shade structures at Waterways Park, re- surfacing the outdoor basketball court at Waterways Park, installing rubberized surfacing at two exercise stations at Waterways Park, repairing the rubberizes surfacing at two exercise stations at Founders Park, and replacing the pole padding at Founders Park playground. 4691 R & M Streets - Provides funding for services utilized in the maintenance of streets and sidewalks. 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: Arbor Day, Senior Prom, July 4th Fireworks, Halloween Harvest, Veterans Day and 5 Movie Nights throughout the fiscal year. 4851 Culture /Recreation Programs - Provide for costs associated with establishing a wide variety of comprehensive recreation programming; senior trips to local venues, youth athletics, recreation programs and classes, and other programs. All costs are offset by registration fees. 4852 Founders Day Activities - Provides for funding entertainment, activities, games, concert talent, production, sound, lighting, and rental costs, temporary power and the required logistics for the 20th anniversary Founders Day activities on Sunday November 87 2015 and concert on Saturday November 14, 2015. 5410 Subscriptions & Memberships - Provides for funding memberships in the American Public Works Association, Florida Recreation and Parks Association, and National Recreation and Parks Association. 5420 Conferences & Seminars - Provides for funding for attending the following conferences: American Public Works Association, Florida Recreation and Parks Association, National Recreation and Parks Association, customer service training, and local seminars. 2 -71 a i�r � r iii ii i ■�i ii � jMl I >� ARTS CULTURAL CENTER 2 -72 CITY OF AVENTURA ARTS &CULTURAL CENTER 2015/16 II DEPARTMENT DESCRIPTION 1 II 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 CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 1000/2999 Personal Services 3000/3999 Contractual Services 4000/4999 Other Charges & Services 5000/5399 Commodities 5400/5499 Other Operating Expenses 69200 Total Operating Expenses 29200 PACA Contractual Employees 5169784 5329522 1439236 1529016 49461 59580 $ 6649481 $ 6909118 $ 7269900 $ 7989182 $ 7989182 2012/13 2013/14 2014/15 2015/16 General Manager 1.0 1.0 5679000 6119682 6119682 1519500 1799300 1799300 69200 69200 69200 29200 19000 19000 $ 6649481 $ 6909118 $ 7269900 $ 7989182 $ 7989182 2012/13 2013/14 2014/15 2015/16 General Manager 1.0 1.0 1.0 1.0 Eve ntManager 1.0 1.0 1.0 1.0 Technical Manager 1.0 1.0 1.0 1.0 Box Office Manager 1.0 1.0 1.0 1.0 Marketing Coordinator 0.3 0.3 0.3 0.3 Event Coodinator - - - 0.8 P/T Labor 0.3 0.3 0.3 0.3 Tota 1 4.6 4.6 4.6 5.3 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 2015/16 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 Total attendance Number of promotional material produced Summer Camp % of patrons who respond favorably to AACC 2 -75 ACTUAL ACTUAL PROJECTED ESTIMATE 2012/13 2013/14 2014/15 2014/15 4 4 4 4 138 140 140 146 287500 307200 307200 327000 40 40 45 45 1 1 1 1 80% 80% 80% 80% CITY OF "ENTURA ARTS &CULTURAL CENTER 2015/16 BUDGETARY ACCOUNT SUMMARY 001 -7001 -575 OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 2 -76 PERSONAL SERVICES 1201 Employee Salaries - 1401 Overtime - - - - - 2101 RCA - - - - - 2201 Pension - - - - - 2301 Health, Life & Disability - - - - - 2401 Workers' Compensation - - - - Subtotal - - - - - CONTRACTUAL SERVICES 3112 Prof. Services - Management Servii 1335366 1325000 1445000 1445000 1445000 3114 Prof. Services - Man Services /Staff 2895584 3005202 3075000 3435682 3435682 3115 Prof. Services - Man Services /Marl 225498 185450 235000 243000 243000 3190 Prof. Services - Programming 575455 685346 755000 805000 805000 3410 Prof. Services -Janitorial Services 135881 135524 185000 205000 205000 Subtotal 5163784 5325522 5675000 6113682 6113682 OTHER CHARGES & SERVICES 4101 Communication Services 65617 65550 65200 63500 63500 4201 Postage 35493 55765 75000 73500 73500 4301 Utilities 555205 545292 545000 555000 555000 4440 Copy Machine Costs 25512 25527 25800 23800 23800 4620 R &M - Buildings 85853 85210 75000 73000 73000 4645 R &M - Equipment 55787 85374 55000 65500 65500 4701 Printing & Binding 35276 115785 125000 123500 123500 4850 Special Events 480 - 25000 255000 255000 4910 Advertising 575013 545513 555000 565000 565000 4920 Licenses /Permit Fees - - 500 500 500 Subtotal 143,236 1525016 1515500 1795300 1795300 COMMODITIES 5101 Office Supplies 982 996 15200 13200 13200 5120 Computer Operating Supplies 129 15300 15000 15000 15000 5290 Other Operating Supplies 35350 35284 45000 45000 45000 Subtotal 45461 55580 65200 63200 63200 OTHER OPERATING EXPENSES 5410 Subscriptions & Memberships - - 15200 - - 5901 Contingency - - 15000 15000 15000 Subtotal - - 25200 15000 15000 Total Arts & Cultural Center $ 6645481 $ 6905118 $ 7265900 $ 7985182 $ 7985182 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 NON - DEPARTMENTAL - TRANSFERS 2015/16 BUDGETARY ACCOUNT SUMMARY 001 - 9001 -581 _17- OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 TRANSFERS 9118 Transfer to Charter School Fund $ 1009000 $ 2009000 $ 1009000 $ 1009000 $ 1009000 9123 Transfer to Debt Service Fund - 2010/11 191989430 191949379 191879248 191939750 191939750 9124 Transfer to Debt Service Fund - 2000 5079810 5119398 5089680 5109536 5109536 9125 Transfer to Debt Service Fund - 2012 (A) 3999642 3939908 3969406 4049304 4049304 5 Total Non- Departmenta N ransfers=r $ 292059882 $ 292999685 $ 291929334 $ 292089590 $ 292089590 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 2010 & 2011 Debt Service Fund — Transfer to 2010 & 2011 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 2012 (A) Loan Debt Service Fund — Transfer to 2012 (A) Loan Debt Service Fund for required interest and principal on that Loan. 2 -79 CITY OF AVENTURA NON - DEPARTMENTAL 2015/16 BUDGETARY ACCOUNT SUMMARY 001 - 9001 -590 OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 2 -80 PERSONAL SERVICES 2501 Unemployment $ - $ 966 $ 109000 $ 109000 $ 109000 Subtotal - 966 109000 109000 109000 CONTRACTUAL SERVICES 3410 Prof. Services - Janitorial $ 619064 $ 649254 $ 729000 $ 759000 $ 759000 Subtota 1 619064 649254 729000 759000 759000 OTHER CHARGES & SERVICES 4101 Communication Services 859635 859031 959000 959000 959000 4201 Postage 119042 169072 149000 159000 159000 4301 Utilities 1919022 2159387 2209000 2209000 2209000 4440 Copy Machine Costs 99545 99368 109000 109000 109000 4501 Insurance 7049035 6729783 7859000 7929000 7929000 4620 R &M - Government Center 1299244 1769386 2009000 2009000 2009000 4650 R &M - Office Equipment 19419 19200 29000 29000 29000 U Subtotal 191319942 191769227 193269000 193349000 193349000 COMMODITIES 5290 Other Operating Supplies 149031 109118 119000 129000 129000 Subtotal 149031 109118 119000 129000 129000 OTHER OPERATING EXPENSES 5901 Contingency 359512 849620 509000 509000 509000 Subtotal 359512 849620 509000 509000 509000 Total Non-Departmental $ 192429549 $ 193369185 $ 194699000 $ 194819000 $ 194819000 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 — General liability, automobile 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. Includes exterior lighting improvements and fifth floor carpeting replacements. 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 2015/16 PROJECT APPROPRIATION �1 -80XX OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 City Manager's Office - 05 -512 6402 Computer Equipment <$5,000 $ - $ 13768 $ - $ - $ - M Subtotal - 1,768 - - - City Clerk - 08 -519 6402 Computer Equipment <$5,000 - - 33000 - - Subtotal - - 33000 - - Finance -10 -513 6402 Computer Equipment <$5,000 13332 13929 23000 63000 63000 WSubtot 11332 11929 21000 61000 61000 Information Technology. -12 -513 6401 Computer Equipment >$5,000 154,000 61,002 598,898 160,000 160,000 6402 Computer Equipment <$5,000 61443 5,997 61000 61000 6,000 Subtotal 160,443 66,999 604,898 166,000 166,000 Public Safety - 20- 521 6304 Police Communications Center Im provi - - 153000 - - 6401 Computer Equipment >$5,000 - 75,138 264,862 120,975 120,975 6402 Computer Equipment <$5,000 135,865 158,705 204,612 - - 6405 E911 Equipment - 40,000 15,000 - - 6407 Radio Purchase & Replace. 1,021,977 992180 32,000 40,000 40,000 6410 Equipment >$5,000 80,377 73,651 188530 162,700 162,700 6411 Equipment <$5,000 20,413 36,857 29,850 73,700 73,700 6414 Police Dept Offices Improve - - - - - 6418 Buffer Zone 194,382 - - - - 6450 Vehicles 612,346 126,927 743,888 341,000 341,000 Subtotal 21065,360 11503,458 11493,742 738,375 738,375 Community Development - 40 -524 6402 Computer Equipment <$5,000 21664 3,855 93,645 41500 4,500 Subtotal 2,664 3,855 93,645 41500 4,500 Community Services - 50-539/541/572 6402 Computer Equipment <$5,000 27,795 11,131 14,000 10,000 10,000 6410 Equipment >$5,000 273598 703616 313000 503000 503000 6411 Equipment <$5,000 31728 31873 231800 11,800 11,800 6420 HVAC Replacements - - - 30,000 30,000 6301 Beautification Projects 81600 91000 91000 91200 91200 6306 Traffic Safety and Flow Improvements 375,467 67,335 - 350,000 350,000 6307 Lighting Improvements 108,879 1,426,429 160,645 - - 6307 Street Lighting Im prov. - - - - - 6322 Waterways Park Improvements - - 14,000 81000 8,000 6325 NE 188th Street Park Improvements - - - 500,000 500,000 6341 Transportation System Improve. - 59 - - - 6352 Hurricane Landscape Restore - - - - - 6310 Aventura Founders Park - 84,630 53,000 18,000 18,000 6353 Exercise Trail Improvements - - - 700,000 700,000 W Subtotal 552,067 11673,073 305,445 11687,000 11687,000 Charter School - 69 -569 6305 Charter School Improvements - 903639 - - - 6307 Charter School Construction 81,514 - - - - Subtotal 81,514 90,639 - - - 2 -84 Arts & Cultural Center - 70 -575 6402 Computer Equipment <$5,000 59324 286 69500 29000 29000 6410 Equipment >$5,000 79342 249590 379472 279050 279050 Vubtotal 129666 249876 439972 293050 293050 Non - Departmental - 90 -590 6206 Gov't Center Garage Expansion 394439162 2039686 - - - 6454 Art in Public Places - - 309000 309000 309000 6999 Capital Reserve 1829352 - 1693789324 1694059561 1694059561 Subtotal 336253514 2039686 1694089324 1694353561 1694353561 Tota I Capita 1 $ 695019560 $ 395709283 $ 1839553026 $ 1990669486 $ 1990669486 2 -84 CAPITAL PROJECT DESCRIPTIONS 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. Replace 25 Mobile Laptops 507000 Vehicle Modems 57600 Replace 1 Server 57000 15 Vehicle Printers 77875 20 Desktop Computers 247000 Upgrades 57000 5 Desktop Scanners 57000 Color Printer 17500 Smart Board for Training 77000 FTO Module OSSI 107000 6407 Radio Purchase &Replacement —this project includes adding 8 mobile radios at a cost of $40,000. 6410 Ea u i ame nt >$5.000 — Department as follows: 10 Vehicle Equipment Message Board K -9 Vehicle Equipment Replace K -9 Replace 2 Marine Engines Safe Fuming Chamber Replace 2 Pole Cams 6410 Ea u i ame nt <$5.000 — Department as follows: Replace 29 Ballistic Vests Replace Refrigerator Tasers Digital Camera Replace Monitoring TVS AR Rifles & Accessories 3 G locks Replace 3 Bikes Ice Machine This project consists of purchasing equipment for the Police $707000 12,000 107000 12,000 307000 87700 20,000 This project consists of purchasing equipment for the Police 2 -85 $377700 17000 3,000 47000 10,000 87800 1,900 37500 3,800 6450 Vehicles — This project consists of purchasing police vehicles to accommodate the vehicle replacement program in the Police Department. Replace 10 Patrol Vehicles and 1 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 replacing a Utility Truck and a Pickup Truck. 6411 Equipment <$5,000 — This project consists of replacing 12 tables, Crossover Machine, sport fencing panels and 2 tents. 6301 Beautification Projects — This program consists of replacing trash cans. 6306 Traffic Video Monitoring System Upgrade ade — This project consists of upgrading the existing system to state -of- the -art technology standards. 6322 Waterways Park Improvements — This project consists of replacing water fountains and soccer nets. 6310 Aventura Founders Park — This project consists of replacing office equipment and water fountains. 6325 NE 188th Park Improvements — This project consists of constructing the proposed new park for an opening in the summer of 2016. HVAC Replacements — This project consists of replacing the 20 ton HVAC unit at the Community Recreation Center. Exercise Trail Improvements — This project consists of replacing and upgrading the path lighting system. ARTS & CULTURAL CENTER 6402 Computer Equipment <$5,000 —This project consists of upgrading and replacing computer equipment. 6410 Equipment >$5,000 — This project consists of purchasing additional lighting equipment, headset replacements, lobby chair replacements and additional wireless microphones for the AACC. a k +* mom 6R, ■*han = owra i�■ Bpi POLICE EDUCATION FUND 2 -87 CITY OF AVENTURA POLICE EDUCATION FUND 110 CATEGORY SUMMARY 2015/16 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 CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 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 380000/389999 Transfer from Funds 399900/399999 Fund Balance Tota I Ava i la ble 109452 79820 79000 79000 79000 16 5 - - - 119850 99484 19120 - - $ 229318 $ 179309 $ 89120 $ 79000 $ 79000 EXPENDITURES OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 1000/2999 Personal Services $ - $ - $ - $ - $ - 3000/3999 Contractual Services - - - - - 4000/4999 Other Charges & Services - - - - - 5000/5399 Commodities - - - - - 5400/5999 Other Operating Expenses 129834 169189 89120 79000 79000 Total Operating Expenses 129834 169189 89120 79000 79000 6000/6999 Capital Outlay - - - - - Total Expenditures $ 129834 $ 169189 $ 89120 $ 79000 $ 79000 CITY OF AVENTURA POLICE EDUCATION FUND 110 2015/16 REVENUE PROJECTIONS OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 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 Fines & Forfeitures 3511000 Fines $ 109452 $ 79820 $ 79000 $ 79000 $ 79000 Subtotal 109452 79820 79000 79000 79000 Miscellaneous Revenues 3611000 Interest 16 5 - - - WS u btota 1 16 5 - - - Fund Balance 3999000 Carryover 119850 99484 19120 - - Subtotal 119850 99484 19120 - - Total Revenues $ 229318 $ 179309 $ 89120 $ 79000 $ 79000 EXPENDITURES 2001 -521 OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 OTHER OPERATING EXPENSES Public Safety 5450 Training $ 129834 $ 169189 $ 89120 $ 79000 $ 79000 Total Expenditures $ 129834 $ 169189 $ 89120 $ 79000 $ 79000 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 2015/16 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 PROJECTIONS OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 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 380000/389999 Transfer from Funds 399900/399999 Fund Balance Wotal Available 199789747 291309407 197259000 4969404 759403 29000 8119313 195869617 292139480 2,617,000 2,000 1,182,855 2,617,000 2,000 1,182,855 $ 392869464 $ 397929427 $ 399409480 $ 398019855 $ 398019855 EXPENDITURES OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 1000/2999 Personal Services 3000/3999 Contractual Services 4000/4999 Other Charges & Services 5000/5399 Commodities 5400/5999 Other Operating Expenses Wotal Operating Expenses 6000/6999 Capital Outlay 9000/9999 Transfers Total Expenditures 7789001 8249199 8629500 190079405 190079405 7789001 8249199 8629500 190079405 1,007,405 9219846 7549748 390779980 297949450 297949450 $ 196999847 $ 195789947 $ 399409480 $ 398019855 $ 398019855 2 -91 CITY OF AVENTURA TRANSPORTATION AND ST ET MAINTENANCE FUND 120 2075/16 REVENUE PROJECTIONS OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 2 -92 Intergovernmental Revenues 3351200 State Revenue Sharing $ 2109378 $ 2419076 $ 1709000 $ 2409000 $ 2409000 3353001 Local Option Cap. Impr. Gas Tax 1379693 1469762 1409000 1469000 1469000 3455 FDOT - - - 4909000 4909000 3353010 Local Option Gas Tax 3569337 3719729 3659000 3709000 3709000 3383801 County Transit System Surtax 192749339 193709840 190509000 193719000 193719000 Subtotal M 199789747 291309407 197259000 296179000 296179000 6305 Miscellaneous Revenues 7719441 6349782 190109000 192709000 192709000 3611000 Interest 19485 39803 29000 29000 29000 3632000 Transportation Mitigation Impact F 1669413 719600 - - - 3661000 Developer Contributions /Streets 3289506 - - - - 6341 Subtotal 4969404 759403 29000 29000 29000 6999 Fund Balance 729174 - 191829855 5069450 5069450 3999000 Carryover 8119313 195869617 292139480 191829855 191829855 WSubtotal 8119313 195869617 292139480 191829855 1,182,855 Total Revenues $ 392869464 $ 397929427 $ 399409480 $ 398019855 $ 398019855 EXPENDITURES 5001 -541 2 -92 CONTRACTUAL SERVICES Community Services - 50 -541 3450 Landscape /Tree Maint /Streets $ 4079893 $ 4499199 $ 4639500 $ 5379405 $ 5379405 3455 Enhanced Transit Services 3709108 3759000 3999000 4709000 4709000 Subtotal 7789001 8249199 8629500 190079405 190079405 CAPITAL OUTLAY Community Services - 50 -541 6305 Road Resurfacing 7719441 6349782 190109000 192709000 192709000 6307 Street Lighting Im prov. 789231 969591 2319411 4289000 4289000 6314 NE 185th St. Turning Lane Modific., - - 2259000 - - 6315 Country Club Drive Path Asphalt Ri - - 909000 - - 6341 Transportation System Improv. - 239375 3389714 5909000 5909000 6999 Capital Reserve 729174 - 191829855 5069450 5069450 WSubtotaIW1 9219846 7549748 390779980 297949450 297949450 Total Expenditures $ 196999847 $ 195789947 $ 399409480 $ 398019855 $ 398019855 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 $240,000 will be received in the upcoming fiscal year. State Revenue Sharing 2 00r 41 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. Local Option Gas Tax $ 500,000 , 400,UUU 5300,000 '? WOW n 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 $1,371,000 will be received for the fiscal year. County Transit System Surtax $1,4 ,OnO �1,�WrWV �1,4!�r4JlJ ll �i�CI�0�11 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. Additional funding has been provided to address possible route improvements during peak times. 6305 Road Resurfacing — This project consists of resurfacing NE 213th Street, NE 29th Place Phase II, Yacht Club Drive Bridge Repairs and NE 191St Street as part of the City's ongoing maintenance program. 6307 Streetlight Improvements — Provides funding for NE 29th Place Street lights and for street lights on NE 30th Avenue. 6306 Traffic Video Monitoring System Upgrade — This project consists of upgrading the existing system to state -of- the -art technology standards. Country Club Drive Flashing Pedestrian Crossing Signs - This project consists of replacing the "On Pavement Pedestrian Warning Signs" installed in 2014 to convert the signs to Reflective Rectangular Flashing Beacons. 2 -94 ad 2 -95 * = �' +'. M *O �+; vmi M r %ME FM IL lid m r v �R7 �* Wis. 1 to 4ANd _ 4 911 FUND CITY OF AVENTURA 911 FUND 180 CATEGORY SUMMARY 2015/16 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 CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 310000/319999 Locally Levied Taxes $ - $ - $ - $ - $ - 320000/329999 Licenses & Permits - - - - - 330000/339999 Intergovernmental Revenues 1659211 1609915 1539600 1539600 1539600 340000/349999 Charges for Services - - - - - 350000/359999 Fines & Forfeitures - - - - - 360000/369999 Miscellaneous Revenues 49 256 - - - 380000/389999 Transfer from Funds - - - - - 399900/399999 Fund Balance 299658 1049048 459280 139900 139900 Tota I Available $ 1949918 $ 2659219 $ 1989880 $ 1679500 $ 1679500 EXPENDITURES OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 1000/2999 Personal Services $ - $ - $ - $ - $ - 3000/3999 Contractual Services - - - - - 4000/4999 Other Charges & Services 809170 1859995 1539000 1299000 1299000 5000/5399 Commodities - 19207 29000 39000 39000 5400/5999 Other Operating Expenses 29700 29737 39400 59500 59500 Total Operating Expenses 829870 1899939 1589400 1379500 1379500 6000/6999 Capital Outlay - - 109480 - - 9000/9999 Transfers 89000 309000 309000 309000 309000 Total Expenditures $ 909870 $ 2199939 $ 1989880 $ 1679500 $ 1679500 2 -96 ji CITY OF AVENTURA 911 FUND 180 2015/16 REVENUE PROJECTIONS OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 Intergovernmental Revenues OPERATING 3379110 911 Fees - Wire Line $ 1249917 $ 1209636 $ 1209000 $ 1209000 $ 1209000 3379111 911 Fees -Wireless 409294 409279 339600 339600 339600 Subtotal w 1659211 1609915 1539600 1539600 1539600 Miscellaneous Revenues 559000 559000 559000 4645 R &M - Equipment 3611000 Interest on Investments 49 256 - - - Subtotal 49 256 - - - Fund Balance COMMODITIES 3999000 Carryover 299658 1049048 459280 139900 139900 Subtotal 299658 1049048 459280 139900 139900 Total Revenues $ 1949918 $ 2659219 $ 1989880 $ 1679500 $ 1679500 19207 EXPENDITURES 2001 -521 39000 39000 OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 2 -97 OPERATING OTHER CHARGES & SERVICES 4001 Travel & Per Diem $ 607 $ 49181 $ 49000 $ 49000 $ 49000 4101 Communications 359011 1499500 559000 559000 559000 4645 R &M - Equipment 449552 329314 949000 709000 709000 Subtotal 809170 1859995 1539000 1299000 1299000 COMMODITIES 5120 Computer Operating Supplies - - 19000 29000 29000 5290 Other Operating Supplies - 19207 19000 19000 19000 Subtotal - 19207 29000 39000 39000 OTHER OPERATING EXPENSES 5410 Subscriptions & Memberships 815 274 400 500 500 5450 Training 19885 29463 39000 59000 59000 Subtotal 29700 29737 39400 59500 59500 CAPITAL OUTLAY Public Safety - 2001 -521 6999 Capital Reserves - - 109480 - - Subtota I - - 109480 - - TRANS FERS - 9 0 -9 01 9101 Transfer to General Fund 89000 309000 309000 309000 309000 WS 89000 309000 309000 309000 309000 0 Total Expenditure $ 909870 $ 2199939 $ 1989880 $ 1679500 $ 1679500 2 -97 REVENUE PROJECTION RATIONALE 3379110/9111 911 Fees —This represents the amount anticipated for 911 fees collected by the State in accordance with Florida Statues 365.172. 911 Fees $250,000 $200,000 $150,000 � $100,000 $50,000 � 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. 57 9101 Transfer to General Fund — Funds offset a portion of the emergency 911 Communication Officers costs. 2 -98 a DEBT SERVICE FUNDSii ■i� 2 -99 CITY OF AVENTURA DEBT SERVICE FUND RECAP CATEGORY SUMMARY 2015/16 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 CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 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 259677 259680 - - - 380000/389999 Transfer /Debt Proceeds 295499882 295439685 295389211 295549905 295549905 399900/399999 Fund Balance 159079 219505 199711 - Wotal Available $ 295909638 $ 295909870 $ 295579922 $ 295549905 $ 295549905 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 295389769 295429979 295579922 295549905 295549905 9000/9999 Transfers - - - - - Total Expenditures $ 295389769 $ 295429979 $ 295579922 $ 295549905 $ 295549905 2 -100 CITY OF AVENTURA 2010 & 2011 DEBT SERVICE FUND 230 CATEGORY SUMMARY 2014/15 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 CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 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 380000/389999 Transfer /Debt Proceeds 399900/399999 Fund Balance 254 57 - 1,198,430 191949379 191879248 119589 129049 129205 191939750 191939750 2 -101 Total Available $ 192109273 $ 192069485 EXPENDITURES $ 191999453 $ 191939750 $ 191939750 OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 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 191989224 191949280 191999453 191939750 191939750 9000/9999 Transfers - - - - - Total Expenditures $ 191989224 $ 191949280 $ 191999453 $ 191939750 $ 191939750 2 -101 CITY OF AVENTURA 2010 & 2011 DEBT SERVICE FUND 230 2015/16 REVENUE PROJECTIONS OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 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 4/1/2016 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 4/1/2016 and 10/1/2016. 2 -102 Miscellaneous Revenues 3611000 Interest $ 254 $ 57 $ - $ - $ - S ubtota 1 254 57 - - - Transfer /Debt Proceeds 3811001 Transfer from General Fund 191989430 191949379 191879248 191939750 191939750 Subtotal 191989430 191949379 191879248 191939750 191939750 Fund Balance 3999000 Carryover 119589 129049 129205 - - Subtotal 119589 129049 129205 - - Total Revenues $ 192109273 $ 192069485 $ 191999453 $ 191939750 $ 191939750 EXPENDITURES 9001 -590 OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 DEBT SERVICE Non - Departmental - 590 7130 Principal $ 6759000 $ 6959000 $ 7259000 $ 7459000 $ 7459000 7230 Interest 5239224 4999280 4749453 4489750 4489750 7330 Other Debt Service Costs - - - - - Notal Expenditures $ 191989224 $ 191949280 $ 191999453 $ 191939750 $ 191939750 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 4/1/2016 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 4/1/2016 and 10/1/2016. 2 -102 CITY OF AVENTURA 2010 & 2011 COMBINED LOAN DEBT SERVICE FUND 230 Bank Qualified Loan FBO Refunding Bonds, Series 2010 & 2011 Combined Principal 230- 9001 - 590.71 -30 1 me rest 230- 9001 - 590.72 -30 Oth e r 230 -9001- 590.73 -30 Fiscal Year Date Principal Interest Debt Service Debt Service 4/1/2011 $ - $ 222,613.20 $ 222,613.20 10/1/2011 - 278, 866.50 278, 866.50 $ 501 ,479.70 4/1/2012 650, 000.00 278, 866.50 928, 866.50 10/1/2012 - 267, 509.50 267, 509.50 1 ,196, 376.00 4/1/2013 675, 000.00 267, 509.50 942, 509.50 10/1/2013 - 255, 714.00 255, 714.00 1 ,198, 223.50 4/1/2014 695, 000.00 255, 714.00 950, 714.00 10/1/2014 - 243, 565.50 243, 565.50 1 ,194, 279.50 4/1/2015 725, 000.00 243, 565.50 968, 565.50 10/1/2015 - 230, 887.50 230, 887.50 1,199,453.00 4/1/2016 745, 000.00 230, 887.50 975, 887.50 10/1/2016 - 217, 862.00 217, 862.00 1,193, 749.50 4/1/2017 775, 000.00 217, 862.00 992, 862.00 10/1/2017 - 204, 312.50 204, 312.50 1,197,174.50 4/1/2018 805, 000.00 204, 312.50 1,009,312.50 10/1/2018 - 190,239-00 190,239-00 1,199,551-50 4/1/2019 830, 000.00 190, 239.00 1,020,239.00 10/1/2019 - 175, 732.50 175, 732.50 1,195,971.50 4/1/2020 860, 000.00 175, 732.50 1,035,732.50 10/1/2020 - 160,696.50 160,696.50 1,196,429.00 4/1/2021 885, 000.00 160, 696.50 1,045,696.50 10/1/2021 - 145, 222.00 145, 222.00 1 ,190, 918.50 4/1/2022 915, 000.00 145, 222.00 1,060,222.00 10/1/2022 - 129,223.50 129,223.50 1,189,445.50 4/1/2023 950, 000.00 129, 223.50 1,079,223.50 10/1/2023 - 112,610.00 1 12 , 610.00 1,191,833.50 4/1/2024 985,000.00 112,610.00 1,097,610.00 10/1/2024 - 95, 387.00 95, 387.00 1 ,192, 997.00 4/1/2025 1,020,000.00 95, 387.00 1,115,387.00 10/1/2025 - 77, 549.00 77, 549.00 1 ,192, 936.00 4/1/2026 1,050,000.00 77, 549.00 1 ,127, 549.00 10/1/2026 - 59,192.50 59,192.50 1,186,741.50 4/1/2027 1,085,000.00 59,192.50 1,144,192.50 10/1/2027 - 40,221 .00 40,221 .00 1,184,413.50 4/1/2028 1 ,130, 000.00 40,221.00 1,170,221.00 10/1/2028 - 20,463.50 20,463.50 1,190,684.50 4/1/2029 1,170,000.00 20,463.50 1,190,463.50 1,190,463.50 $ 15V950'000.00 $ 6, 033,121.20 $ 211, 983,121.20 $ 21, 983,121.20 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). Dale to a -,mry f -a wor a bl e i nterv-st rate envi r ov irT ent, h T SepterrT ber- crr- 2 C 10, the City issLl er1 7 pwrtizl w vprpce reef -Lllid iiTS o-F tl­Te Ori8ili;al -Series 1999 ReVelTLle Sot Td -s witlT w ewiTIk Low Cdascribad below) th2t resulted In a morn then -X.-M RA r%a Pry z2vings over ti're life crf tha 102n. Tire remaining portion W the original Seri an 1_!a!a9 Rwmnua Ronda was raftind ad iP Fabruary W 2UILT W17d r-e5L1 lted i1T a ITewr1y 5 0,000 N r2V suvi1Tgs per" Ilse Iifie of its Ioe1T. Tlie Seri es'2 10 Revei7Ue SoiTdz are bw17k C1 Ll;alified debt, secured solely by a ccrweITwiTt to bL1dget a P d appropriate tips req uired d ebit serer ce payrr ants each Veer. Ti ,t is IoaP is struStured tits soMa as a Serial bond issue iti'i principal payments d u6 on April 1T� and Sam 1- 0nPUaI iMcrest pZ )f rrr01Tts d Lle oii April 1� z1Td October, '1- crf ezci7 Vow r• with tiie filizl rrrZtL1t1t)f o17 April � 2029. Debt semi ce marl LI i rerrr el its zver -agge z ppommi rr ztely 77 5,000 per, yez r• per, ti T e Sg-yez r• 1 ife crf ti T e obligation. TIi eM i n ter•eat rate is locked 21 3t.42 9G. 111t &arias 2011 Revert U a lJonds arm bank cl uaIMad d ebt secured Solely by a, coven nt to budget 2nd it ppr opriate tyre req aired d ebt service payrrrents agch Vast r. -n Tis Ioan is structured tyre sg tin e as it seri21 bead issue witlT princi pit l pstynnants d u on ALpriI '1' itnd satin i- annuit l Interest PRYMents dLle on April 1 :� and October 1z- crF eacl'r yei r iti'Y tl'Ye filial MRtUrfty on April 2,. 2029. Debit semi ce req u i rem ent.s averaige a pproxi r1''T ately X42 7.000 per yea r aver tl'Y a 1g -yeia r I ifs crf tl'Y e obligation. -Me i nitomrsat rate is locked at R.059 M. 2 -103 CITY OF AVENTURA 2000 LOAN DEBT SERVICE FUND 240 CATEGORY SUMMARY 2015/16 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 CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL N0. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 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 380000/389999 Transfer /Debt Proceeds 399900/399999 Fund Balance l Available 25,410 25,220 - - - 507,810 511,398 508,680 510,536 510,536 $ 533,220 $ 536,618 $ 508,680 $ 510,536 $ 510,536 EXPENDITURES OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL N0. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 1000/2999 Personal Services 3000/3999 Contractual Services - - - - - 4000/4999 Other Charges & Services - - - - - 5000/5399 Commodities - - - - - 5400/5999 Other Operating Expenses - - - - ff Total Operating Expenses - - - - - 6000/6999 Capital Outlay - - - - - 7000/7999 Debt Service 5079449 511,068 50800 510,536 510,536 9000/9999 Transfers - - - - - Total Expenditures $ 5079449 $ 5119068 $ 5089680 $ 5109536 $ 5109536 2 -104 CITY OF AVENT URA 2000 LOAN DEBT SERVICE FUND 240 2015/16 REVENUE PROJECTIONS OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 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 10/1/2015 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 4/1/2016 and 10/1/2016. 2 -105 Miscellaneous Revenues 3611000 Interest $ 25,410 $ 253220 $ - $ - $ - a Subtotal 253410 253220 - - - Transfer /Debt Proceeds 3811001 Transfer from General Fund 5073810 5113398 5083680 5103536 5103536 Subtotal 5073810 5113398 5083680 5103536 5103536 Fund Balance 3999000 Carryover - - - - - Subtotal - - - - - Total Revenues $ 5333220 $ 5363618 $ 5083680 $ 5103536 $ 5103536 EXPENDITURES 9001 -590 OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 DEBT SERVICE Non - Departmental - 590 7130 Principal $ 3253000 $ 3453000 $ 3603000 $ 3803000 $ 3803000 7230 Interest 1823449 1663068 1483680 1303536 1303536 7330 Other Debt Service Costs - - - - - Total Expenditures $ 507449 $ 511,068 $ 508,680 $ 510,536 $ 510,536 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 10/1/2015 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 4/1/2016 and 10/1/2016. 2 -105 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 Othe r 240 - 9001 - 590.73 -30 Fiscal Year Date Principal Coupon Interest Debt Service 4/1/2001 $ - 5.040% $ 124, 807.20 $ 124, 807.20 10/1/2001 220, 000.00 5.040% 165,186.00 385,186.00 4/1/2002 - 5.040% 159,642.00 159,642.00 10/1/2002 190, 000.00 5.040% 159, 642.00 349, 642.00 4/1/2003 - 5.040% 154, 854.00 154, 854.00 10/1/2003 200, 000.00 5.040% 154, 854.00 354, 854.00 4/1/2004 - 5.040% 149, 814.00 149, 814.00 10/1/2004 210, 000.00 5.040% 149, 814.00 359, 814.00 4/1/2005 - 5.040% 144, 522.00 144, 522.00 10/1/2005 220, 000.00 5.040% 144, 522.00 364, 522.00 4/1/2006 - 5.040% 138, 978.00 138, 978.00 10/1/2006 235, 000.00 5.040% 138, 978.00 373, 978.00 4/1/2007 - 5.040% 133, 056.00 133, 056.00 10/1/2007 245, 000.00 5.040% 133, 056.00 378, 056.00 4/1/2008 - 5.040% 126, 882.00 126, 882.00 10/1/2008 255, 000.00 5.040% 126, 882.00 381, 882.00 4/1/2009 - 5.040% 120,456.00 120,456.00 10/1/2009 270, 000.00 5.040% 120, 456.00 390, 456.00 4/1/2010 - 5.040% 113,652.00 113,652.00 10/1/2010 285, 000.00 5.040% 113, 652.00 398, 652.00 4/1/2011 - 5.040% 106,470.00 106,470.00 10/1/2011 295, 000.00 5.040% 106, 470.00 401, 470.00 4/1/2012 - 5.040% 99, 036.00 99, 036.00 10/1/2012 310, 000.00 5.040% 99, 036.00 409, 036.00 4/1/2013 - 5.040% 91, 224.00 91, 224.00 10/1/2013 325, 000.00 5.040% 91, 224.00 416, 224.00 4/1/2014 - 5.040% 83, 034.00 83, 034.00 10/1/2014 345, 000.00 5.040% 83, 034.00 428, 034.00 4/1/2015 - 5.040% 74, 340.00 74, 340.00 10/1/2015 360, 000.00 5.040% 74, 340.00 434, 340.00 4/1/2016 - 5.040% 65, 268.00 65, 268.00 10/1/2016 380, 000.00 5.040% 65, 268.00 445, 268.00 4/1/2017 - 5.040% 55,692.00 55,692.00 10/1/2017 395, 000.00 5.040% 55, 692.00 450, 692.00 4/1/2018 - 5.040% 45, 738.00 45, 738.00 10/1/2018 415, 000.00 5.040% 45, 738.00 460, 738.00 4/1/2019 - 5.040% 35, 280.00 35, 280.00 10/1/2019 435, 000.00 5.040% 35, 280.00 470, 280.00 4/1/2020 - 5.040% 24, 318.00 24, 318.00 10/1/2020 965, 000.00 5.040% 24, 318.00 989, 318.00 $ 6, 555, 000.00 $ 4,134, 505.20 $ 10568%505.20 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 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 1St and October 1St of each yearwith the final maturity on October 1, 2020. Debt service requirements average approximately $535,000 per yearoverthe 20 -year life of the obligation. The interest rate is locked at 5.04 %. 2 -106 CITY OF AVENTURA 2012 (A) LOAN DEBT SERVICE FUND 250 CATEGORY SUMMARY 2015/16 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. The original debt issued in 2002 was refinanced in 2012. REVENUE PROJECTIONS OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012113 2013114 2014115 2015116 2015/16 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 13 6 - - - 380000/389999 Transfer /Debt Proceeds 3999642 3939908 3969406 404,304 404,304 399900/399999 Fund Balance 39490 99456 79506 - - $ - $ otal Available $ 403,145 $ 4039370 $ 4039912 $ 404,304 $ 404,304 $ - 3000/3999 EXPENDITURES - OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 1000/2999 Personal Services $ - $ - $ - $ - $ - 3000/3999 Contractual Services - - - - - 4000/4999 Other Charges & Services - - - - - 5000/5399 Commodities - - - - - 5400/5999 Other Operating Expenses - - - - - Motal Operating Expenses - - - - - 6000/6999 Capital Outlay - - - - - 7000/7999 Debt Service 3939689 3959864 4039912 4049304 4049304 9000/9999 Transfers - - - - - Total Expenditures $ 393,689 $ 3959864 $ 4039912 $ 404,304 $ 404,304 2 -107 CITY OF AVENTURA 2012 (A) LOAN DEBT SERVICE FUND 250 2015/16 REVENUE PROJECTIONS OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 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 8/1/2016 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 2/1/2016 and 8/1/2016. 2 -108 Miscellaneous Revenues 3611000 Interest $ 13 $ 6 $ - $ - $ Subtotal 13 6 - - - Transfer /Debt Proceeds 3811001 Transfer from General Fund 3999642 3939908 3969406 4049304 4049304 E'Subtotaj 3999642 3939908 3969406 4049304 4049304 Fund Balance 3999000 Carryover 39490 99456 79506 - - Subtotal 39490 99456 79506 - - Total Revenues $ 4039145 $ 4039370 $ 4039912 $ 4049304 $ 4049304 EXPENDITURES 9001 -590 OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 DEBT SERVICE Non - Departmental - 590 7130 Principal $ 2789834 $ 3009101 $ 3079190 $ 3149279 $ 3149279 7230 Interest 1149855 959763 899222 829525 829525 7330 Other Debt Service Costs - - 79500 79500 79500 Total Expenditures $ 3939689 $ 3959864 $ 4039912 $ 4049304 $ 4049304 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 8/1/2016 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 2/1/2016 and 8/1/2016. 2 -108 CITY OF AVENTURA 2012 (A) LOAN DEBT SERVICE FUND 250 Bank Qualified Loan Refunding Bonds, Series 2012 Principal 250 -9001 - 590.71 -30 Interest 250 -9001 - 590.72 -30 Othe r 250 -9001 - 590.73 -30 Fiscal Year Date Principal Coupon Interest Debt Service 2/1/2013 $ - $ 63, 934.14 8/1/2013 278, 834.00 2.180% 50, 921.00 $ 3933689.14 2/1/2014 - 47, 881.71 8/1/2014 3001101.00 2.180% 47, 881.71 395, 864.41 2/1/2015 - 44, 610.60 8/1/2015 3073190.00 2.180% 44, 610.60 396, 411.21 2/1/2016 - 419262.23 8/1/2016 314, 279.00 2.180% 41, 262.23 396, 803.47 2/1/2017 - 37, 836.59 8/1/2017 321, 368.00 2.180% 37, 836.59 397, 041.18 2/1/2018 - 34, 333.68 8/1/2018 283, 560.00 2.180% 34, 333.68 352, 227.36 2/1/2019 - 31, 242.88 8/1/2019 2901649.00 2.180% 31, 242.88 3531134.75 2/1/2020 - 28, 074.80 8/1/2020 297, 738.00 2.180% 28, 074.80 353, 887.61 2/1/2021 - 24, 829.46 8/1/2021 3021464.00 2.180% 24, 829.46 3521122.92 2/1/2022 - 21, 532.60 8/1/2022 311, 916.00 2.180% 21, 532.60 354, 981.20 2/1/2023 - 183132.72 8/1/2023 316, 642.00 2.180% 181132.72 352, 907.43 2/1/2024 - 14, 681.32 8/1/2024 326, 094.00 2.180% 14, 681.32 355, 456.64 2/1/2025 - 111126.89 8/1/2025 3331183.00 2.180% 111126.89 3551436.79 2/1/2026 - 73495.20 8/1/2026 340, 272.00 2.180% 73495.20 355, 262.40 2/1/2027 - 31786.23 8/1/2027 347, 361.00 2.180% 31786.23 354, 933.47 $ 4, 671, 651.00 $ 848, 508.98 $ 5, 520,159.98 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). Funding from the original Series 2002 Revenue Bonds was utilized for various projects and as a result, separate debt service funds were created to independently track the repayment of the related debt (i.e., Fund 250 and Fund 290). Due to a very favorable interest rate environment, in June of 2012, the City refunded the original Series 2002 Revenue Bonds with a Bank Loan (described below) that resulted in a more than $2.5M NPV savings (inclusive of Fund 290) over the life of the loan. The Series 2012 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 August 1st and semi - annual interest payments due on February 1st and August 1st of each year with the final maturity on August 1, 2027. Debt service requirements average approximately $368,000 (exclusive of Fund 290) per year over the 15 -year life of the obligation. The interest rate is locked at 2.180 %. 2 -109 CITY OF AVENTURA 2012 (B) LOAN DEBT SERVICE FUND 290 CATEGORY SUMMARY 2015/16 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. The original debt issued in 2002 was refinanced in 2012. REVENUE PROJECTIONS OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014115 2015116 2015/16 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 - 397 - - - 380000/389999 Transfer /Debt Proceeds 444,000 444,000 445,877 446,315 446,315 399900/399999 Fund Balance - - - - Notal Available $ 4449000 $ 444,397 $ 445,877 $ 4469315 $ 4469315 EXPENDITURES 1000/2999 Personal Services $ - $ - $ - $ - $ - 3000/3999 Contractual Services - - - - - 4000/4999 Other Charges & Services - - - - - 5000/5399 Commodities - - - - - 5400/5999 Other Operating Expenses - - - - - Motal Operating Expenses - - - - - 6000/6999 Capital Outlay - - - - - 7000/7999 Debt Service 4393407 4413767 4453877 4463315 4463315 9000/9999 Transfers - - - - - Total Expenditures $ 4393407 $ 441,767 $ 445,877 $ 4463315 $ 4463315 2 -110 CITY OF AVENTURA 2012 (B) LOAN DEBT SERVICE FUND 290 2015/16 REVENUE PROJECTIONS OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013114 2014115 2015/16 2015116 Miscellaneous Revenues 3611000 Interest Transfer /Debt Proceeds 3811001 Transfer from General Fund 3811901 Transfer from Charter School Fund Subtotal Fund Balance 3999000 Carryover 0 Total Revenues $ - $ 397 $ - 397 - - - 4443000 444,000 4453877 4463315 4463315 444,000 444,000 4453877 4463315 4463315 $ 444,000 $ 444,397 $ 4453877 $ 4463315 $ 4463315 EXPENDITURES 9001 -590 OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 DEBT SERVICE Non - Departmental - 590 7130 Principal $ 3113166 $ 3343899 $ 3423810 $ 3503721 $ 3503721 7230 Interest 1283241 106,868 993567 923094 923094 7330 Other Debt Service Costs - - 33500 33500 33500 t Expenditu $ 4393407 $ 441,767 $ 4453877 $ 4463315 $ 4463315 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 8/1/2016 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 2/1/2016 and 8/1/2016. 2 -111 CITY OF AVENTURA 2012 (B) LOAN DEBT SERVICE FUND 290 Bank Qualified Loan Refunding Bonds, Series 2012 Principal 290 - 9001 - 590.71 -30 Interest 290 - 9001 - 590.72 -30 Othe r 290 - 9001 - 590.73 -30 Fiscal Year Date Principal Coupon Interest Debt Service 2/1/2014 - 53, 433.79 8/1/2014 334, 899.00 2.180% 53, 433.79 $ 441, 766.59 2/1/2015 - 49, 783.40 8/1/2015 342, 810.00 2.180% 49, 783.40 442, 376.79 2/1/2016 - 46, 046.77 8/1/2016 350, 721.00 2.180% 46, 046.77 442, 814.53 2/1/2017 - 42322371 8/1/2017 358, 632.00 2.180% 42, 223.91 443, 079.82 2/1/2018 - 38, 314.82 8/1/2018 316, 440.00 2.180% 38, 314.82 393, 069.64 2/1/2019 - 34, 865.62 8/1/2019 324, 351.00 2.180% 34, 865.62 394, 082.25 2/1/2020 - 31, 330.20 8/1/2020 332, 262.00 2.180% 31, 330.20 394, 922.39 2/1/2021 - 27, 708.54 8/1/2021 337, 536.00 2.180% 27, 708.54 392, 953.08 2/1/2022 - 24, 029.40 8/1/2022 348, 084.00 2.180% 24, 029.40 3963142.80 2/1/2023 - 20, 235.28 8/1/2023 353, 358.00 2.180% 20, 235.28 393, 828.57 2/1/2024 - 16, 383.68 8/1/2024 363, 906.00 2.180% 16, 383.68 396, 673.36 2/1/2025 - 12, 417.11 8/1/2025 371, 817.00 2.180% 12, 417.11 396, 651.21 2/1/2026 - 83364.30 8/1/2026 379, 728.00 2.180% 83364.30 396, 456.60 2/1/2027 - 43225.27 8/1/2027 387, 639.00 2.180% 43225.27 396, 089.53 $ 439023183.00 $ 818, 724.16 $ 5, 720, 907.16 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). Funding from the original Series 2002 Revenue Bonds was utilized for various projects and as a result, separate debt service funds were created to independently track the repayment of the related debt (i.e., Fund 250 and Fund 290). Due to a very favorable interest rate environment, in June of 2012, the City refunded the original Series 2002 Revenue Bonds with a Bank Loan (described below) that resulted in a more than $2.5M NPV savings (inclusive of Fund 250) over the life of the loan. The Series 2012 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 August 1St and semi - annual interest payments due on February 1St and August 1St of each year with the final maturity on August 1, 2027. Debt service requirements average approximately $409,000 (exclusive of Fund 250) per year over the 15 -year life of the obligation. The interest rate is locked at 2.180 %. 2 -112 a / *� I mom 9%. err MI4 L%Ion err CAPITAL PROJECTS FUND tt ti ■t� 2 -113 CITY OF AVENTURA CAPITAL PROJECTS FUND - 392 CATEGORY SUMMARY 2015/16 FUND DESCRIPTION This fund was established to account for impact fees and other revenues specifically earmarked for capital projects restricted by City Ordinance or Commission Policy. REVENUE PROJECTIONS OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 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 1609824 191319010 7659000 59000 59000 380000/389999 Transfer /Debt Proceeds - - - - - 399900/399999 Fund Balance - - 190599639 9009000 9009000 Tota I Available $ 1609824 $ 191319010 $ 198249639 $ 9059000 $ 9059000 EXPENDITURES OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 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 - 2329195 198249639 9059000 9059000 7000/7999 Debt Service - - - - - 9000/9999 Transfers - - - - - Total Expenditures $ - $ 2329195 $ 198249639 $ 9059000 $ 9059000 2 -114 CITY OF AVENTURA CAPITAL PROJECTS FUND - 392 2015/16 REVENUE PROJECTIONS OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 CAPITAL OUTLAY Miscellaneous Revenues 3499000 Miscellaneous $ - $ 1259000 $ 7509000 $ - $ - 3611000 Interest - 3 - - - 3632200 Police Impact Fees 199891 69007 79500 59000 59000 3632700 Recreation Impact Fees 1409933 - 79500 - - 3644300 Land Proceeds - 190009000 - - - Subtotalm 191319010 7659000 59000 59000 259898 59000 Fund Balance Subtotal V - - 3999000 Carryover - Public Safety - - 259898 - - 3999000 Carryover - Community Service: - - 190339741 9009000 9009000 Subtotal . - - 190599639 9009000 9009000 $ - $ - $ Total Revenues $ 1609824 $ 191319010 $ 198249639 $ 9059000 $ 9059000 - - - EXPENDITURES 2001/5001 Waterways Dog Park Improvem - OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 CAPITAL OUTLAY 2 -115 Public Safety - 20- 521 6320 TVMS Upgrades $ - $ - $ 7579500 $ - $ - 6410 Equipment >$5,000 - - - - - 6411 Equipment <$5,000 - - - - - 6999 Capital Reserve - - 259898 59000 59000 Subtotal V - - 7839398 59000 59000 Community Services - 50- 539/541/572 6310 Founders Park Improvements $ - $ 1759924 $ - $ - $ - 6322 Waterways Park Improvements - 99372 - - - 6323 Waterways Dog Park Improvem - 279212 - - - 6324 Veterans Park Improvements - 199687 - - - 6325 NE 188th Street Park Improvemi - - 1309000 9009000 9009000 6999 Capital Reserve - - 9119241 - - Subtotal $ - $ 2329195 $ 190419241 $ 9009000 $ 9009000 Total Expenditures $ - $ 2329195 $ 198249639 $ 9059000 $ 9059000 2 -115 REVENUE PROJECTION RATIONALE 3632200 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. 3632700 Park Impact Fees — Represents fees collected from new development to pay for park improvements caused by the impact of the development on services and the community. 3999000 Carryover — Parks — Represents funds set aside from the sale of land previously owned by the City on Biscayne Boulevard. CAPITAL PROJECT DESCRIPTIONS COMMUNITY SERVICES NE 188th Park Improvements — This project consists of constructing the proposed new park for an opening in the summer of 2016. 2 -116 STORMWATER UTILITY FUND 2 -117 CITY OF AVENTURA STORMWATER UTILITY FUND 410 CATEGORY SUMMARY 2015/16 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 CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013114 2014/15 2015116 2015/16 310000/319999 Locally Levied Taxes $ - $ - $ - $ - $ - 320000/329999 Licenses & Permits - - - - - 330000/339999 Intergovernmental Revenues - - 425,000 195,000 195,000 340000/349999 Charges for Services 8463921 857,558 8675000 8755670 8755670 350000/359999 Fines & Forfeitures - - - - - 360000/369999 Miscellaneous Revenues 23436 35657 45000 15000 15000 380000/389999 Transfer from Funds - - - - - 399900/399999 Fund Balance - - 8805000 135695600 135695600 - tal Available $ 8495357 $ 8615215 $ 231 765000 $ 23641 5270 $ 23641 5270 - - EXPENDITURES - 5400/5999 Other Operating Expenses OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 1000/2999 Personal Services $ - $ - $ - $ - $ - 3000/3999 Contractual Services 543,371 5089312 5569400 5789656 5789656 4000/4999 Other Charges & Services - - - - - 5000/5399 Commodities - - - - - 5400/5999 Other Operating Expenses 2979323 297,324 - - - Wtal Operating Expenses 840,694 8059636 5569400 5789656 578,656 6000/6999 Capital Outlay 31,316 - 136199600 23062,614 23062,614 9000/9999 Transfers - - - - - tal Expenditures $ 872,010 $ 805,636 $ 25176,000 $ 2,641,270 $ 2,641,270 2 -118 CITY OF AVENTURA STORMWATER UTILITY FUND 410 2015/16 REVENUE PROJECTIONS OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 Intergovernmental Revenues Operating 3343605 State Grant $ - $ - $ 4259000 $ 1959000 $ 1959000 Subtotal - - 4259000 1959000 1959000 Charges for Services 3439110 Stormwater Utility Fees 8469921 8579558 8679000 8759670 8759670 Subtotal 8469921 8579558 8679000 8759670 8759670 Miscellaneous Revenues 2259013 2349000 2469656 2469656 3611000 Interest 29436 39657 49000 19000 19000 ESubtotal 29436 39657 49000 19000 19000 Fund Balance 5569400 5789656 5789656 3999000 Carryover - - 8809000 195699600 195699600 WSubtotal - - 8809000 195699600 195699600 Total Revenues $ 8499357 $ 8619215 $ 291769000 $ 296419270 $ 2,641,270 2979323 CITY OF AVENT URA - - - STORMWATER UTILITY FUND 410 2015/16 Community Services - 538 EXPENDITURES 5001 6306 OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 2 -119 Operating CONTRACTUAL SERVICES Community Services - 538 3110 Prof. Services - Engineering $ 1269317 $ 939209 $ 939400 979000 $ 979000 3450 Lands Maint. - Streets 2059269 2259013 2349000 2469656 2469656 3460 Street Maint. /Drainage 2119785 1909090 2299000 2359000 2359000 Subtotal 5439371 5089312 5569400 5789656 5789656 OTHER OPERATING EXPENSES 5915 Depreciation 2979323 2979324 - - - WqSubtotalWF 2979323 2979324 - - - CAPITAL OUTLAY Community Services - 538 6306 Drainage Improvements 319316 - 8509000 196559000 196559000 6999 Capital Reserve - - 7699600 4079614 4079614 [SubtotaW 319316 - 196199600 290629614 290629614 Total —1 8729010 8059636 291769000 296419270 296419270 2 -119 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 29,700 ERUs at 96 %. $900,000 $880,000 $860,000 $840,000 $820,000 $800,000 .780,000 .760,000 .740,000 Stormwater Utility Fees 95e , \N V CAPITAL PROJECT DESCRIPTION COMMUNITY SERVICES 6306 Drainage Improvements — Funds have been budgeted for the following projects: • NE 213th Street and NE 183rd Street Seawall 3907000 • NE 191 st Improvements 6507000 • NE 29th Place Phase II (South) Improvements 3907000 • Stormwater Master Plan /Environmental Assessment 225,000 2 -120 M L 1111 *� ■r i m r RIM 15 INN * +I op POLICE OFFDUTY SERVICES FUND 2 -121 CITY OF AVENTURA POLICE OFFDUTY SERVICES FUND 620 CATEGORY SUMMARY 2015/16 FUND DESCRIPTION LFund was established to account for revenues and expenditures associated with services ded by off duty Police Officers in private customer details to the various businesses and ominium associations. REVENUE PROJECTIONS OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 310000/319999 Locally Levied Taxes $ - $ - $ - $ - $ - 320000/329999 Licenses & Permits - - - - - 330000/339999 Intergovernmental Revenues - - - - - 340000/349999 Charges for Services 2209575 3309244 2259000 4709000 4709000 350000/359999 Fines & Forfeitures - - - - - 360000/369999 Miscellaneous Revenues - - - - - 380000/389999 Transfer from Funds - - - - - 399900/399999 Fund Balance - - - - - UTotal Available $ 2209575 $ 3309244 $ 2259000 $ 4709000 $ 4709000 EXPENDITURES 1000/2999 Personal Services $ 1869862 $ 2719640 $ 2259000 $ 4709000 $ 4709000 3000/3999 Contractual Services - - - - - 4000/4999 Other Charges & Services - - - - - 5000/5399 Commodities - - - - - 5400/5999 Other Operating Expenses - - - - - Total Operating Expenses 1869862 2719640 2259000 4709000 4709000 6000/6999 Capital Outlay - - - - - W, Expenditures $ 1869862 $ 2719640 $ 2259000 $ 4709000 $ 4709000 2 -122 CITY OF AVENTURA POLICE OFFDUTY SERVICES FUND 620 2015/16 REVENUE PROJECTIONS OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 Charges for Services 3421100 Police Detail Billing $ 2209575 $ 3309244 $ 2259000 $ 4709000 $ 4709000 Total Revenues $ 2209575 $ 3309244 $ 2259000 $ 4709000 $ 4709000 EXPENDITURES 2001 -521 OBJECT APPROVED CITY MANAGER COMMISSION CODE ACTUAL ACTUAL BUDGET PROPOSAL APPROVAL NO. CATEGORY RECAP 2012/13 2013/14 2014/15 2015/16 2015/16 PERSONAL SERVICES Public Safety 1420 Extra Duty Detail $ 1869862 $ 2719640 $ 2259000 $ 4709000 $ 4709000 Total Expenditures $ 1869862 $ 2719640 $ 2259000 $ 4709000 $ 4709000 REVENUE RATIONALE 3421100 Police Detail Billing — Estimated amount of revenue generated by off -duty details in the City's business and residential communities. 2 -123 *� �o4 lv� mss■ On p to SUMMARY OF CAPITAL IMPROVEMENT PROGRAM 4 I 3 -1 CAPITAL IMPROVEMENT PROGRAM 2015-2020 HIGHLIGHTS • Road maintenance projects that total $2,694,000 to resurface asphalt and enhance safety are included for NE 29th Place, NE 213th Street, NE 191St Street, NE 27th Avenue, NE 28th Court, NE 30th Avenue, NE 209th Street, Yacht Club Drive, Mystic Point Drive, NE 187th Street, NE 185th Street, Aventura Boulevard, NE 34th Avenue and NE 28th Avenue. • Installation of Flashing Pedestrian Crossing Signs on Country Club Drive. • Provides for improvements to Founders Park, Veterans Park, and Waterways Park in the amount of $521,550 to address maintenance requirements. • Upgrades and improves the path lighting system on the Don Soffer Exercise Trail in the amount of $700,000. • Utilizes a stormwater utility program to improve drainage along NE 191St Street, upgrades seawalls along NE 213th Street, NE 183rd Street, NE 188th Street, NE 190th Street and adds 15 stormwater outfall check valves to guard against rising sea levels. A total of $2,746,000 has been earmarked during the five -year period. • Funds development of a 1.5 acre new park planned on NE 188th Street at a cost of $174007000. • Provides funding in the amount of $1,200,000 to retrofit street lighting throughout the City with more energy efficient LED fixtures and $428,000 for new street lights on NE 30th Avenue and NE 29th Place. • Includes $850,000 to expand the City's Traffic Video Monitoring System to the southern portion of the City. • 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. 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 2015 - 2020. 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 2015 — 2020 CIP includes 33 projects in five (5) functional categories with a total value of $17,883,605. The following represents the percentage of total funding that each functional category has been allocated: Beautification & Parks Facilities (14 %), Transportation, Drainage and Infrastructure Improvements (47 %), Capital Equipment Purchase and Replacement (20 %), Information /Communication Technology (17 %) and Public Buildings and Facilities Improvements (2 %). 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 Program 2015/16 2016/17 2017/18 2018/19 2019/20 TOTAL Beautification & Parks Facilities $ 21135,200 $ 1635400 $ 2005000 $ 595850 $ 35,600 $ 255945050 Transportation, Drainage & 496935000 9799000 190675000 150115000 6585000 854085000 Infrastructure Public Buildings & Facilities 309000 305000 425000 969000 1819500 3795500 Information /Communication 5055975 5325175 6045775 676,925 658,875 259785725 Technology Capital Equipment 6665250 5635900 8085050 6765730 8085400 355235330 Totals $ 850305425 $ 2,2685475 $ 257215825 $ 2,5205505 $ 2,342,375 $ 1758835605 Capital Improvement Program 2015/16 - 2019/20 Summary By Function Capital Equipment Beautification & 20% Parks Facilities 14% i 1 L Information ' Technology 17% r ti r Public Buildings Transportation, 2% Drainage & Infrastructure 47% 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 2015/16 - 2019/20 Summary By funding Source Funding Source 2015116 2016117 2017118 2018119 2019120 TOTAL General $ 21630,925 $ 11095,475 $ 11446,325 $ 1,240,005 $ 1,395,375 $ 7,808,105 Stormwater Utility 1,655,000 246,000 250,000 345,000 250,000 21746,000 Capital Projects Fund 900,000 0 0 0 0 900,000 Charter School 156,500 194,000 208,500 269,500 289,000 11117,500 Transportation Fund 2,6881000 733,000 817,000 666,000 408,000 51312,000 $ 81030,425 $ 21268,475 $ 21721,825 $ 21520,505 $ 21342,375 $ 17,883,605 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 Stormwater Utility 15% General 44% Capital Projects 5% Charter School 6% Transportation Fund 30% 3 -8 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 2015/16- 2019/20 Summary By Location Resurfacing Street Lighting Drainage Park Location Improvements Improvements Founders Park 2015 to 2019 Waterways Park 2015 to 2017 Veterans Park 2017 to 2019 NE 29th Place 2015/16 NE 30th Avenue 2015/16 NE 188th Street Park 2015/16 NE 213th Street 2015/16 Yacht Club Drive 2015/16 NE 191St Street 2015/16 NE 27th Avenue 2016/17 NE 28th Court 2016/17 N E 209th Street 2016/17 Yacht Club Drive 2017/18 Mystic Point Drive 2017/18 NE 187th Street 2018/19 NE 185th Street 2018/19 Aventura Boulevard 2019/20 NE 34th Avenue 2019/20 NE28th Avenue 2019/20 3 -9 SUMMARY OF FINANCING PLAN MODEL 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 $17,883,605. No additional debt is recommended. 2. Adjusts property tax revenues based on projected conservative growth in assessments. TABLE 3 RECAP OF AVAILABLE RESOURCES vs PROPOSED APPROPRIATIONS GENERAL FUND CAPITAL IMPROVEMENT PROGRAM 2015/16 2016/17 2017/18 2018/19 2019/20 TOTAL PROJECTED AVAILABLE RESOURCES PROJECTED OPERATING EXPENDITURES DEBT SERVICE REQUIREMENTS SUBTOTAL - EXPENDITURES BALANCE AFTER OPERATING COSTS LESS CIP APPROPRIATIONS BALANCE AMOUNT NEEDED FROM CIP RESERVE OR NEW REVENUES $3519411872 31, 045,121 212081590 $3617311219 31, 986, 834 212201979 $3717691290 33,155, 344 212201979 $3911631463 34, 413, 227 212201979 $4013161224 35, 790, 056 212201979 33, 253, 711 216881161 216601925 34, 207, 813 2, 523, 406 1, 095, 475 35, 376, 323 2, 392, 967 1, 446, 325 36, 634, 206 21 529, 257 11 240, 005 38, 011, 035 2, 305,189 1, 395, 375 $ 27, 236 $ 1, 427, 931 $ 946, 642 $ 11 289, 252 $ 909, 814 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 2015/16 - 2019/20 SUMMARY BY YEAR Totals CS Project Title BPI Founders Park Improvements BP2 Waterways Park Improvements BP3 Veterans Park Improvements BP4 NE 188th Street Park Improvements BP5 Exercise Trail Improvements BP6 City -vvide Beautification Improvements Totals CS $ 18,000 $ 149,000 $ 30,000 $ 35,000 $ 15,000 $ 247,000 CS 8,000 5,000 - - - 13,000 CS - - 150,000 4,500 - 154,500 CS 1,400,000 - - - - 1,400,000 CS 700,000 - 10,400 10,600 10,800 731,800 CS 9,200 9,400 9,600 9,750 9,800 47,750 $ 2,135, 200 $ 163,400 $ 200,000 $ 59,850 $ 35,600 $ 2,594,050 11 TABLE 2 PROPOSED BEAUTIFICATION AND PARK FACILITIES IMPROVEMENTS PROJECTS SCHEDULED FOR 2015/16 - 2019/20 FUNDING PLAN CIP # k & Project Title r De pt. # 1W Total Capital General P roj e cts Fund BP 1 Founders Park Improvements CS $ 247,000 $ - $ 247,000 BP2 Waterways Park Improvements CS 13,000 - 13,000 BP3 Veterans Park Improvements CS 154,500 - 154,500 BP4 NE 188th Street Park Improvements CS 1,400,000 900,000 500,000 BP5 Exercise Trail Improvements CS 731,800 - 731,800 BP6 City -vvide Beautification Improvements CS 47.750 - 47.750 Totals 2,594,050 $ 900,000 $ 1,694,050 3 -11 TABLE 1 PROPOSED TRANSPORTATION, DRAINAGE AND INFRASTRUCTURE IMPROVEMENTS PROJECTS SCHEDULED FOR 2015/16 - 2019/20 SUMMARY BY YEAR CIP # AIAM Project A Dep AM General Transportation TD11 �&� . ;md& TD11 Stormwater Drainage Improvements CS $ 1,655,000 $ 246,000 $ 250,000 $ 345,000 $ 250,000 $ 2,746,000 TD12 Road Resurfacing Program CS 1,270,000 333,000 417,000 266,000 408,000 2,694,000 TD13 Country Club Drive Pedestrian Signs CS 490,000 - - - - 490,000 TD14 TVMS Upgrade CS 850,000 - - - - 850,000 TD15 Street Lighting Improvements CS 428,000 400,000 400,000 400,000 - 1,628,000 Totals $ 4,693,000 $ 979,000 $ 1,067,000 $ 1,011,000 $ 658,000 $ 8,408,000 TABLE 2 PROPOSED TRANSPORTATION, DRAINAGE AND INFRASTRUCTURE IMPROVEMENTS PROJECTS SCHEDULED FOR 2015/16 - 2019/20 FUNDING PLAN 3 -12 WW Project Title A L Dep utility General Transportation TD11 Stormwater Drainage Improvements CS $ 2,746,000 $ 2,746,000 $ - $ - TD12 Road Resurfacing Program CS 2,694,000 - - 2,694,000 TD13 Country Club Drive Pedestrian Signs CS 490,000 490,000 TD14 TVMS Upgrade CS 850,000 - 350,000 500,000 TD15 Street Lighting Improvements CS 1,628,000 - - 1,628,000 Totals $ 8,408,000 $ 2,746,000 $ 350,000 $ 5,312,000 3 -12 TABLE 1 PROPOSED PUBLIC BUILDING AND FACILITIES IMPROVEMENTS PROJECTS SCHEDULED FOR 2015/16 - 2019/20 SUMMARY BY YEAR it Project CIP # Dept. PBF1 HVAC Replacements CS $ 30,000 $ 30,000 $ 42,000 $ 65,000 $ 145,000 $ 312,000 PBF2 Community Recreation Center Improvements CS - - - 31,000 13,500 44,500 PBF3 AACC Improvements AACC - - - - 23,000 23,000 Totals $ 30,000 $ 30,000 $ 42,000 $ 96,000 $ 181,500 $ 379,500 TABLE 2 PROPOSED PUBLIC BUILDING AND FACILITIES IMPROVEMENTS PROJECTS SCHEDULED FOR 2015/16 - 2019/20 FUNDING PLAN ad r— I Charter Generz CIP • Project Title Dept. 906 Fund Fupw PBF1 HVAC Replacements CS $ 312,000 $ 137,000 $ 175,000 PBF2 Community Recreation Center Improvements CS 44,500 - 44,500 PBF3 AACC Improvements AACC 23,000 - 23,000 Totals $ 379,500 3 -13 $ 137,000 $ 242,500 TABLE 1 PROPOSED COMMUNICATIONS AND COMPUTERS EQUIPMENT PROJECTS SCHEDULED FOR 2015/16 - 2019/20 SUMMARY BY YEAR . # ICT1 Project Police Computers Systems <$500 ICT2 Central Computer System >$5000 ICT3 Radios ICT4 Computer Equipment <$5000 ICT5 Computer Equipment >$5000 ICT6 Computer Equipment <$5000 ICT7 Computer Equipment <$5000 ICT8 Computer Equipment <$5000 ICT9 Computer Equipment <$5000 ICT10 Computer Equipment <$5000 ICT11 Computer Equipment <$5000 ICT12 Computer Equipment <$5000 Totals ICT1 ICT2 ICT3 ICT4 ICT5 ICT6 ICT7 ICT8 ICT9 ICT10 ICT11 ICT12 De pt. 0 P D $ 120,975 $ 150,375 $ 154,375 $ 198,375 $ 113,875 $ 737,975 IT 160,000 170,000 235,000 195,000 215,000 975,000 P D 40,000 20,000 - 10,000 35,000 105,000 ACES 111,500 114,000 116,500 129,500 134,000 605,500 ACES 45,000 50,000 50,000 105,000 125,000 375,000 IT 6,000 6,000 6,000 6,000 6,000 30,000 F 6,000 2,000 3,000 3,000 5,000 19,000 CM - 4,000 - - - 4,000 CS 10,000 6,300 26,900 20,550 15,000 78,750 CD 4,500 3,500 4,000 4,500 3,500 20,000 AACC 2,000 6,000 6,000 5,000 6,500 25,500 CC - - 3,000 - - 3,000 $ 505,975 $ 532,175 $ 604,775 $ 676,925 $ 658,875 $ 2,978,725 TABLE 2 PROPOSED COMMUNICATIONS AND COMPUTERS EQUIPMENT PROJECTS SCHEDULED FOR 2015/16 - 2019/20 FUNDING PLAN Project pt. # 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 <$5000 CC Totals $ 505,975 $ 532,175 $ 604,775 $ 676,925 $ 658,875 $ 2,978,725 TABLE 2 PROPOSED COMMUNICATIONS AND COMPUTERS EQUIPMENT PROJECTS SCHEDULED FOR 2015/16 - 2019/20 FUNDING PLAN Project pt. # 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 <$5000 CC Totals School General Tota I Fund Fund $ 737,975 $ 737,975 - 975,000 975,000 - 105,000 105,000 - 605,500 - 605,500 375,000 - 375,000 30,000 30,000 - 19,000 19,000 - 4,000 4,000 - 78,750 78,750 - 20,000 20,000 - 25,500 25,500 - 3,000 3,000 - $ 2,978,725 3 -14 $ 1,998,225 $ 980,500 $ 2,978,725 3 -14 $ 1,998,225 $ 980,500 TABLE 1 PROPOSED CAPITAL EQUIPMENT PURCHASE AND REPLACEMENT PROJECTS SCHEDULED FOR 2015/16 - 2019/20 SUMMARY BY YEAR CE1 CE2 CE3 CE4 CE5 CE6 CE7 TABLE 2 PROPOSED CAPITAL EQUIPMENT PURCHASE AND REPLACEMENT PROJECTS SCHEDULED FOR 2015/16 - 2019/20 FUNDING PLAN 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 CE 1 Vehicle Purchase & Replacements PD $ 341,000 $ 323,000 $ 546,000 $ 420,000 $ 498,000 $ 2,128, 000 CE2 Equipment Purchase and Replacement >5000 PD 162,700 65,000 142,000 129,000 151,000 649,700 CE3 Equipment Purchase and Replacement <5000 PD 73,700 57,200 48,600 54,600 29,600 263,700 CE4 Equipment Purchase and Replacement >5000 CS 50,000 42,000 14,000 28,000 62,000 196,000 CE5 Equipment Purchase and Replacement <5000 CS 11,800 7,300 1,750 9,750 7,800 38,400 CE6 Equipment Purchase and Replacement >5000 AACC 27,050 49,400 55,700 35,380 60,000 227,530 CE7 Equipment Purchase and Replacement >5000 CD - 20,000 - - - 20,000 Totals $ 666,250 $ 563,900 $ 808,050 $ 676,730 $ 808,400 $ 3,523,330 CE1 CE2 CE3 CE4 CE5 CE6 CE7 TABLE 2 PROPOSED CAPITAL EQUIPMENT PURCHASE AND REPLACEMENT PROJECTS SCHEDULED FOR 2015/16 - 2019/20 FUNDING PLAN 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 $ 2,128, 000 $ 2,128, 000 649,700 649,700 263,700 263,700 196,000 196,000 38,400 38,400 227,530 227,530 20,000 20,000 $ 3,523,330 3 -15 $ 3,523,330 CITY OF "ENTURA CAPITAL OUTLAY 2015/16 IMPACT OF CAPITAL PROJECTS ON OPERATING BUDGET ROUTINE/ ESTIMATED OBJECT CITY MANAGER ANNUAL USEFULE ANNUAL OPERATING BUDGET IMPACT CODE PROPOSAL CAPITAL LIFE NO. CATEGORY RECAP 2015/16 EXPENDITURE (YEARS) PERSONNEL OPERATING TOTAL 001 -80XX Finance - 10 -513 6402 Computer Equipment <$5,000 $ 6,000 Yes 4 $ - $ - $ - Information Technology. - 12 -513 6401 Computer Equipment >$5,000 160,000 No 4 - - - 6402 Computer Equipment <$5,000 6,000 Yes 4 - - - Public Safety - 20- 521 6401 Computer Equipment >$5,000 120,975 Yes 4 - - - 6407 Radio Purchase & Replace. 40,000 No 5 - - - 6410 Equipment >$5,000 162,700 No 5 - - - 6411 Equipment <$5,000 73,700 Yes 5 - - - 6450 Vehicles 341,000 Yes 4 - - - Community Development - 40 -524 6402 Computer Equipment <$5,000 4,500 Yes 4 - - - Community Services - 50- 539/541/572 6402 Computer Equipment <$5,000 10,000 Yes 4 - - - 6410 Equipment >$5,000 50,000 No 5 - - - 6411 Equipment <$5,000 11,800 Yes 5 - - - 6420 HVAC Replacements 30,000 No 5 - - - 6301 Beautification Projects 9,200 No 5 - - - 6306 Traffic Safety and Flow Improvemeni 350,000 No 10 - - - 6322 Waterways Park Improvements 8,000 No 10 - - - 6325 NE 188th Street Park Improvements 500,000 No 10 - - - 6310 Aventura Founders Park 18,000 No 10 - - - 6353 Exercise Trail Improvements 700,000 No 10 - - - Arts & Cultural Center - 70 -575 6402 Computer Equipment <$5,000 2,000 Yes 4 - - - 6410 Equipment >$5,000 27,050 No 5 - - - Non - Departmental - 90 -590 6454 Art in Public Places 30,000 No 25 - - - 6999 Capital Reserve 16,405,561 N/A N/A N/A N/A N/A Total Capital $ 19,066,486 $ - $ - $ - TRANSPORTATION AND STREET MAINTENANCE FUND - 120 Community Services - 50 -541 6305 Road Resurfacing $ 1,270,000 Yes 10 $ - $ - $ - 6307 Street Lighting Improv. 428,000 Yes 10 - - - 6341 Transportation System Improv. 590,000 Yes 10 - - - 6999 Capital Reserve 506,450 N/A N/A N/A N/A N/A Total Capital $ 2,794,450 $ - $ - $ - CAPITAL PROJECTS FUND - 392 Public Safety - 20- 521 6999 Capital Reserve $ 5,000 N/A N/A N/A N/A N/A Community Services - 572 6325 NE 188th Street Park Improvements 900,000 No 10 30,000 10,000 40,000 Total Capital $ 905,000 $ 30,000 $ 10,000 $ 40,000 STORMWATER UTILITY FUND - 410 Community Services - 538 6306 Drainage Improvements $ 1,655,000 Yes 10 $ - $ - $ - 6999 Capital Reserve 407,614 N/A N/A N/A N/A N/A Total Capital $ 2,062,614 $ - $ - $ - 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 majority of the projects are considered maintenance of infrastructure ore quip ment 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 the City or any of its funds, fund types, balanced account groups or organizational components. Accrual Basis of Accounting A method of accounting where revenues are recorded when service is given and expenses are recognized when the benefit is received. Actuary A person that makes determinations of required contributions to achieve future funding levels that addresses risk and time. Ad Valorem Taxes Taxes levied on all real and certain personal property, tangible and intangible, according to the property's assessed valuation. Adopted Budget The proposed budget as initially formally approved by the City Commission. Amended Budget The adopted budget as formally adjusted by the City Commission. 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 the City Commission to make expenditures and to incur obligations for specific purposes. An 4 -2 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 Property Appraiser and the State as a basis for levying ad valorem taxes. 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 City's assets, liabilities and the remaining fund balance or fund equity. Balanced Budget A budget in which current funds or revenues equal planned expenditures. Basis Point Equal to 1/100 of 1%. If interest rates rise from 7.50% to 7.75 %, the difference is referred to as an increase of 25 basis points. 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. Bond Covenants A legally enforceable promise made to the bondholders from the issuer, generally in relation to the funding source utilized for repayment. Bonded Debt That portion of indebtedness represented by outstanding bonds. Budget A financial operating plan that embodies an estimate of proposed expenditures for a given period (usually a single fiscal year) and the proposed means of financing them. 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 City Manager to the City Commission. Budgetary Control The control or management of the City in accordance with the 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 afive -year period 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 City 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 Projects Fund A fund established to account for impact fees and other revenues specifically earmarked for capital projects restricted by City Ordinance or Commission Policy. 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. Commercial Paper An unsecured promissory note that is issued for a specific amount, maturing on a specific day. Normally, the maximum maturity is 270 days, but the most common length is 30 days. Comprehensive Annual Financial Report (CAFR) This official annual report presents the status of the City's finances in a standardized format. The CAFR is organized by fund and contains two (2) basic types of information: a balance sheet that compares assets with liabilities and fund balance and an operating statement that compares revenues and expenditures. 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. Note: This is not the same as fund balance. Current Assets Assets that one can reasonably expect to convert into cash, sell or be consumed 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. Note: This fund is also referred to as 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. Defeasance A provision that voids a bond when the borrower puts cash in escrow via a refunding bond issuance sufficient to service the borrower's debt. When a bond issue is defeased, the borrower sets aside cash to pay off the bonds, therefore the outstanding debt and cash offset each other on the balance sheet and are removed from the financial statements. Depreciation The decrease in the value of physical assets due to their use and the passage of time. 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. Expenditures For accrual basis accounts, this term designates total charges incurred, whether paid or unpaid, including expenses, provision for debt service and capital outlays. For cash basis accounts, 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. 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 year. Fiscal Year (FY) Any period of 12 consecutive months 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 1St and ends September 30t" 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. Full -Time Equivalent Position A part -time position converted to the decimal equivalent of a full -time position based on 2,080 hours /year. Fund An independent fiscal and accounting entity with a self - balancing set of accounts recording cash and /or other resources, together with all related liabilities, obligations, reserves and equities which are segregated for the 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. The City follows GASB Statement No. 54, Fund Balance Reporting and Governmental Fund Type Definitions which requires that governmental fund financial statements present fund balances based on classifications that comprise a hierarchy that is based primarily on the extent to which the City is bound to honor constraints on the specific purposes for which amounts in the respective governmental funds can be spent. The classifications used in the governmental fund financial statements are as follows: Nonspendable: This classification includes amounts that cannot be spent because they are either (a) not in spendable form or (b) are legally or contractually required to be maintained intact. "Not in spendable form" includes items that are not expected to be converted to cash (such as inventories and prepaid amounts) and items such as long- term amount of loans and notes receivable, as well as property acquired for resale. The corpus (or principal) of a permanent fund is an example of an amount that is legally or contractually required to be maintained intact. Restricted: This classification includes amounts for which constraints have been placed on the use of the resources either (a) externally imposed by Creditors (such as through a debt covenant), grantors, contributors, or laws or regulations of other governments, or (b) imposed by law through constitutional provisions or enabling legislation. Committed: Th is classification includes amounts that can be used only 4 -5 for the specific purposes determined by a formal action of the City Commission that can, by adoption of an ordinance prior to the end of the fiscal year, commit fund balance. Once adopted, the limitation imposed by the ordinance remains in place until a similar action is taken (the adoption of another ordinance) to remove or revise the limitation. Resources accumulated pursuant to stabilization arrangements are reported in this category. Assigned: This classification includes amounts that are constrained by the City's intent to be used for a specific purpose but are neither restricted nor committed. The City Commission has by resolution authorized the City Manager to assign fund balance. The City Commission may also assign fund balance as it does when appropriating fund balance to cover a gap between estimated revenue and appropriations in the subsequent year's budget. Unlike commitments, assignments generally can only exist temporarily. In other words, an additional action does not normally have to be taken for the removal of an assignment. Conversely, as discussed above, an additional action is essential to either remove or revise a commitment. Unassigned: This classification includes the residual fund balance for the General Fund. This classification represents fund balance that has not been assigned to other funds and that has not been restricted, committed, or assigned to specific purposes within the General Fund. Unassigned fund balance may also include negative balances for any governmental fund if expenditures exceed amounts restricted, committed or assigned for those specific purposes. 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 City's ordinary operations. 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 unit to another. usually made to specified function sometimes also purposes. one (1) governmental The contribution is yid in the support of a (e.g., education), but is made for general 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. 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 $1 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 Position Excess of the City's assets and deferred outflows over its liabilities. 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. Pay -as- You -Go Financing A method of paying for capital projects that relies on current tax and grant revenues rather than on debt. 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. Proprietary Fund Enterprise and internal service funds that are similar to corporate funds, in that they are related to assets, liabilities, equities, revenues, expenses and transfers determined by business or quasi- business activities. Note: An example of this type of fund is the Stormwater Utility Fund. 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. Resolution A legislative act by the City with less legal formality than an ordinance. 4 -7 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. 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. 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 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. Trust and Agency Funds These funds are used to account for assets held by the City in a trustee capacity or as an agent for individuals, private organizations, other governments and /or other funds. Truth in Millage (TRIM) 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. 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 Statutes 365.172. The funds may be used to provide emergency dispatch systems, training, communication, maintenance and repairs and related capital outlay purchases. 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