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Ordinance No. 2017-08 Adopting Budget for Aventura Charter High School FY 2017-2018 - June 14, 2017 ORDINANCE NO. 2017-08 AN ORDINANCE OF THE CITY OF AVENTURA, FLORIDA, ADOPTING THE ATTACHED AVENTURA CHARTER HIGH SCHOOL BUDGET FUND 191 FOR FISCAL YEAR 2017/18 (JULY 1 — JUNE 30), PURSUANT TO SECTION 4.05 OF THE CITY CHARTER; AUTHORIZING EXPENDITURE OF FUNDS ESTABLISHED BY THE BUDGET; PROVIDING FOR BUDGETARY CONTROL; PROVIDING FOR GIFTS AND GRANTS; PROVIDING FOR AMENDMENTS; PROVIDING FOR ENCUMBRANCES; 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 2017/2018 start-up Budget for the Aventura Charter High School, 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. 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. Section 3. Budgetary Control. The Budget establishes a limitation on expenditures by department total. Said limitation requires that the total sum allocated to the Aventura Charter High School Fund 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. City of Aventura Ordinance No. 2017-08 Section 4. 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 only be disbursed and applied within the limitations placed upon the Gift or Grant as aforesaid. Section 5. Amendments. Upon the passage and adoption of the Aventura Charter High School Fund, if the City Manager determines that the Department Total will exceed its original appropriation, the City Manager is hereby authorized and directed to prepare such Ordinances as may be necessary and proper to modify any line item from the Budget hereby. Section 6. Severability. The provisions of this Ordinance are declared to be severable and if any section, sentence, clause or phrase of this Ordinance shall for any reason be held to be invalid or unconstitutional, such decision shall not affect the validity of the remaining sections, sentences, clauses, and phrases of this Ordinance but they shall remain in effect, it being the legislative intent that this Ordinance shall stand notwithstanding the invalidity of any part. i Page 2 of 4 City of Aventura Ordinance No. 2017-08 Section 7. Effective Date. This Ordinance shall be effective immediately upon adoption on second reading. The foregoing Ordinance was offered by Commissioner Dr. Marks, who moved its adoption on first reading. This motion was seconded by Commissioner Mezrahi, and upon being put to a vote, the vote was as follows: Commissioner Denise Landman Absent Commissioner Dr. Linda Marks Yes Commissioner Gladys Mezrahi Yes Commissioner Marc Narotsky Yes Commissioner Robert Shelley Yes Vice Mayor Howard Weinberg Yes Mayor Enid Weisman Yes The foregoing Ordinance was offered by Commissioner Dr. Marks, who moved its adoption on second reading. This motion was seconded by Commissioner Mezrahi, and upon being put to a vote, the vote was as follows: Commissioner Denise Landman Yes Commissioner Dr. Linda Marks Yes Commissioner Gladys Mezrahi Yes Commissioner Marc Narotsky Yes Commissioner Robert Shelley Yes Vice Mayor Howard Weinberg Yes Mayor Enid Weisman Yes PASSED AND ADOPTED on first reading this 2nd day of May, 2017. PASSED AND ADOPTED on second reading this 14th day of June, 2017. Page 3014 City of Aventura Ordinance No. 2017-08 ENID WEISMAN, MAYOR * _ * eee ATTEST: ELLISA L. HORVATr C, CITY CLERK APPROVED AS TO LEGAL SUFFICIE Y: CITY ATTORNEY Page 4 of 4 City of Aventura Aventura Charter High School Fund Budget =t:v Fiscal Year 2017/ 18 "' ' City of 1 • • Aventura Government Center �� it 19200 We,/Country Club tThvc �(4v of S"`-` Avennira. Florida 33180 Office of the City Manager May 2017 The Honorable Mayor and City Commission City of Aventura Aventura, Florida 33180 RE: 2017/18 Aventura Charter High School Fund Budget 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 Budget for the Aventura Charter High School Fund for the fiscal year beginning July 2017, for your review and consideration. As discussed at the April meeting, this is a start-up budget that includes anticipated costs for the period of July 1, 2017 to June 30, 2018. This establishes a new fund designated as 191 which will be initially used to account for start-up expenditures specifically associated with the proposed Aventura Charter High School. In the future, the fund will account for both operating and capital revenues, expenditures and lease payments. The budget amount is $110,000, which is funded from an advance from the General Fund. The funds will be used to support the fees related to the Planning Agreement with Charter Schools USA and costs associated with the charter school application and contract process. Once the school is fully operational a payment schedule will be developed to repay the advance from the General Fund. Respectfully submitted, 177 Eric M. Soroka City Manager City of Aventura Page 2 Aventura Charter High School Fund Budget A CITY OF AVENTURA AVENTURA CHARTER HIGH SCHOOL FUND 191 BUDGET CATEGORY SUMMARY 2017/18 (July 1 - June 30) FUND DESCRIPTION This fund will be initially used to account for start-up expenditures specifically associated with the proposed Aventura Charter High School. In the future the fund will account for both operating and capital revenues, expenditures and lease payments. 2017/18 CITY MANAGER CATEGORY PROPOSAL REVENUE PROJECTIONS State Shared Revenues $ - Charges for Services - Interest Income - Disposition of Fixed Assets - Other Non-Revenues 110,000 Total Revenues $ 110,000 EXPENDITURES Operation of Plant 110,000 Total Expenditures $ 110,000 Revenues over(under) Expenditures $ - (:ity of Aventura Page 3 Aventura Charter High School Fund Budget CITY OF AVENTURA AVENTURA CHARTER HIGH SCHOOL FUND 191 REVENUE PROJECTIONS 2017/18 2017/18 SCHOOL CITY MANAGER ACCOUNT# FUNCTION DESCRIPTION PROPOSAL Other Non-Revenues Advance from General Fund 110,000 Subtotal 110,000 Total Revenues $ 110,000 City of Aventura Page 4 Aventura Charter High School Fund Budget CITY OF AVENTURA AVENTURA CHARTER HIGH SCHOOL FUND 191 2017/18 BUDGETARY ACCOUNT SUMMARY 191-6008-569 Operation of Plant 7900 2017/18 SCHOOL CITY MANAGER go ACCOUNT# FUNCTION DESCRIPTION PROPOSAL Operating Expenditures/Expenses 3148 312 Planning Services Fee CSUSA 95,000 5290 590 Other Matti & Supply 15,000 subtotal $110,000 Total Function 7900 $110,000 City of Aventura Page 5 Aventura Charter High School Fund Budget ORDINANCE NO. 2017- AN ORDINANCE OF THE CITY OF AVENTURA, FLORIDA, ADOPTING THE ATTACHED AVENTURA CHARTER HIGH SCHOOL BUDGET FUND 191 FOR FISCAL YEAR 2017118 (JULY 1 — JUNE 30), PURSUANT TO SECTION 4.05 OF THE CITY CHARTER; AUTHORIZING EXPENDITURE OF FUNDS ESTABLISHED BY THE BUDGET; PROVIDING FOR BUDGETARY CONTROL; PROVIDING FOR GIFTS AND GRANTS; PROVIDING FOR AMENDMENTS; PROVIDING FOR ENCUMBRANCES; 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 2017/2018 start-up Budget for the Aventura Charter High School, 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. 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. Section 3. Budgetary Control. The Budget establishes a limitation on expenditures by department total. Said limitation requires that the total sum allocated to the Aventura Charter High School Fund may not be increased or decreased without specific authorization by a duly-enacted Resolution affecting such amendment or transfer. Therefore, the City City of Aventura Page 6 Aventura Charter High School Fund Budget 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. 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 only be disbursed and applied within the limitations placed upon the Gift or Grant as aforesaid. Section 5. Amendments. Upon the passage and adoption of the Aventura Charter High School Fund, if the City Manager determines that the Department Total will exceed its original appropriation, the City Manager is hereby authorized and directed to prepare such Ordinances as may be necessary and proper to modify any line item from the Budget hereby. Section 6. Severability. The provisions of this Ordinance are declared to be severable and if any section, sentence, clause or phrase of this Ordinance shall for any reason be held to be invalid or unconstitutional, such decision shall not affect the validity of the remaining sections, sentences, clauses, and phrases of this Ordinance but they shall City of Aventura Page 7 Aventura Charter High School Fund Budget remain in effect, it being the legislative intent that this Ordinance shall stand notwithstanding the invalidity of any part. Section 7. Effective Date. This Ordinance shall be effective immediately upon adoption on second reading. City of Aventura Page B Aventura Charter High School Fund Budget