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Ordinance No. 2018-15 Amending Aventura City of Excellence School (ACES) Budget FY 2018-2019 - September 4, 2018 ORDINANCE NO. 2018-15 AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AMENDING ORDINANCE NO. 2018-07, WHICH ORDINANCE ADOPTED A CHARTER SCHOOL OPERATING AND CAPITAL BUDGET FOR THE AVENTURA CITY OF EXCELLENCE SCHOOL FOR FISCAL YEAR 2018/2019 (JULY 1 — JUNE 30) BY REVISING THE 2018/2019 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 2018/2019 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. 2018-07, which Ordinance adopted a budget for the 2018/2019 fiscal year for the Aventura City of Excellence School by revising the 2018/2019 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. 2018-15 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 Vice Mayor Mezrahi, who moved its adoption on first reading. This motion was seconded by Commissioner Shelley, and upon being put to a vote, the vote was as follows: Commissioner Denise Landman Absent 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 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 Marc Narotsky Yes Commissioner Robert Shelley Yes Commissioner Howard Weinberg Yes Vice Mayor Gladys Mezrahi Yes Mayor Enid Weisman Yes Page 2 of 3 City of Aventura Ordinance No. 2018-15 PASSED on first reading this 19th day of July, 2018. PASSED AND ADOPTED on second reading this 4th day of September, 2018. ENID WEISMAN, MAYOR 41400. Ery 5,""` ATTEST: ELLISA L. HORVATH, , CITY CLERK APPROVED AS TO LEGAL SUFFICIE CY: h')\ CITY ATTORNEY Page 3 of 3 Exhibit A FY 2018/19 Budget Amendments CHARTER SCHOOL FUND(190) SCHOOL 2018/19 2018/19 2018/19 OBJECT REVENUE/OBJECT ADOPTED AMENDED REVISED CODE CODE CATEGORY/DESCRIPTION BUDGET AMOUNT BUDGET Revenues Other Non-Revenues: 3999000 3489 Carryover $ 278,750 $ 578,880 $ 857,630 SUBTOTAL $ 278,750 $ 578,880 $ 857,630 Total Amendments-Revenues $ 578,880 Expenditures Capital Outlay 6401 692 Computer Equipment>5000 $ 110,000 $ 45,000 $ 155,000 6402 643 Computer Equipment<5000 261,500 5,000 266,500 6410 640 Furniture, Fixture&Equipment - 482,880 482,880 6420 640 Repairs&Replacements - 46,000 46,000 SUBTOTAL $ 371,500 $ 578,880 $ 950,380 Total Amendments-Expenditures $ 578,880