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Ordinance No. 2018-08 Amending Aventura City of Excellence School (ACES) Budget FY 2017-2018 - May 1, 2018 ORDINANCE NO. 2018-08 AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AMENDING ORDINANCE NO. 2017-05, WHICH ORDINANCE ADOPTED A CHARTER SCHOOL OPERATING AND CAPITAL BUDGET FOR THE AVENTURA CITY OF EXCELLENCE SCHOOL FOR FISCAL YEAR 2017/2018 (JULY 1 — JUNE 30) BY REVISING THE 2017/2018 FISCAL YEAR BUDGET DOCUMENT AS OUTLINED IN EXHIBIT "A" ATTACHED HERETO; AUTHORIZING THE CITY MANAGER TO DO ALL THINGS NECESSARY TO CARRY OUT THE AIMS OF THIS ORDINANCE; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, upon the periodic review and analysis of current budgetary commitments and obligations, and based upon the projected needs and requirements of the Aventura City of Excellence School and upon the recommendations of the City Manager (and the concurrence of the Finance Director as to Accounting Principles), it is deemed necessary to adjust, amend and implement the 2017/2018 Operating and Capital Budget of the Aventura City of Excellence School as set forth in Exhibit "A" attached hereto and made a part hereof. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AS FOLLOWS: Section 1. The recitals contained in the preamble to this Ordinance are incorporated by reference herein. Section 2. The City Commission hereby authorizes the amendment of Ordinance No. 2017-05, which Ordinance adopted a budget for the 2017/2018 fiscal year for the Aventura City of Excellence School by revising the 2017/2018 budget as set forth on the attached Exhibit "A", which exhibit is deemed incorporated by reference as though set forth in full herein. City of Aventura Ordinance No. 2018-08 Section 3. The City Manager is hereby authorized to do all things necessary to carry out the aims of this Ordinance. Section 4. Effective Date. This Ordinance shall be effective immediately upon adoption on second reading. The foregoing Ordinance was offered by Commissioner Narotsky, who moved its adoption on first reading. This motion was seconded by Commissioner Landman, 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 Howard Weinberg Yes Vice Mayor Robert Shelley Yes Mayor Enid Weisman Yes The foregoing Ordinance was offered by Commissioner Shelley, who moved its adoption on second reading. This motion was seconded by Commissioner Narotsky, and upon being put to a vote, the vote was as follows: Commissioner Denise Landman Yes Commissioner Dr. Linda Marks Yes Commissioner Marc Narotsky Yes Commissioner Robert Shelley Yes Commissioner Howard Weinberg Yes Vice Mayor Gladys Mezrahi Yes Mayor Enid Weisman Yes PaLi.c2of3 City of Aventura Ordinance No. 2018-08 PASSED on first reading this 19th day of April, 2018. PASSED AND ADOPTED on second reading this 1st day of May, 2018. ENID WEISMAN, MAYOR 144 S ATTEST: G ELLISA L. HORVATH, M , CITY CLERK APPROVED AS TO LEGAL SUFFICIENCY: 1/ CITY ATTORNEY Page 3 of 3 I , FY 2017/18 Budget Amendments CHARTER SCHOOL FUND(190) SCHOOL 2017/18 2017/18 2017/18 OBJECT REVENUE/OBJECT ADOPTED AMENDED REVISED CODE CODE CATEGORY/DESCRIPTION BUDGET AMOUNT BUDGET Revenues State Shared Revenues: 3359301 3363 Best&Brightest S - S 123,200 $ 123,200 SUBTOTAL $ - S 123,200 $ 123,200 Other Non-Revenues: 3999000 3489 Carryover $ 278,750 $ 194,890 $ 473,640 SUBTOTAL $ 278,750 $ 194,890 $ 473,640 Total Amendments-Revenues $ 318,090 Expenditures Personnel Services-K-3 Basic 5101 1502 291 Bonuses $ 48,000 $ 46,000 $ 94,000 SUBTOTAL $ 48,000 $ 46,000 $ 94,000 Personnel Services-4-8 Basic 5102 1502 291 Bonuses $ 60,000 $ 72,000 $ 132,000 SUBTOTAL $ 60,000 $ 72,000 $ 132,000 Personnel Services-School Administration 7300 1502 291 Bonuses $ 6,500 $ 5,200 $ 11,700 SUBTOTAL $ 6,500 $ 5,200 $ 11,700 Capital Outlay 6410 640 Furniture,Fixture&Equipment $ 14,000 $ 194,890 $ 208,890 SUBTOTAL $ 14,000 $ 194,890 $ 208,890 Total Amendments-Expenditures $ 318,090 Page 1 of 1