Ordinance No. 2018-16 Amending City Budget FY 2017-2018 - September 4, 2018 ORDINANCE NO. 2018-16
AN ORDINANCE OF THE CITY COMMISSION OF THE
CITY OF AVENTURA, FLORIDA, AMENDING ORDINANCE
NO. 2017-10 WHICH ORDINANCE ADOPTED A BUDGET
FOR THE 2017/2018 FISCAL YEAR BY REVISING THE
2017/2018 FISCAL YEAR OPERATING AND CAPITAL
BUDGET 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 City 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 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. 2017-10, which Ordinance adopted a budget for the 2017/2018 fiscal
year, by revising the 2017/2018 budget as set forth on the attached Exhibit "A" which
exhibits are deemed incorporated by reference as though set forth in full herein.
Section 3. The City Manager is hereby authorized to do all things necessary to
carry out the aims of this Ordinance.
City of Aventura Ordinance No. 2018-16
Section 4. Effective Date. This Ordinance shall be effective immediately
upon adoption on second reading and shall be applicable retroactively from and after
October 1, 2017.
The foregoing Ordinance was offered by Commissioner Narotsky, who
moved its adoption on first reading. This motion was seconded by Commissioner Dr.
Marks, 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 Shelley, who moved its
adoption on second 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 Marc Narotsky Yes
Commissioner Robert Shelley Yes
Commissioner Howard Weinberg Yes
Vice Mayor Gladys Mezrahi Yes
Mayor Enid Weisman Yes
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City of Aventura Ordinance No. 2018-16
PASSED on first reading this 19th day of July, 2018.
PASSED AND ADOPTED on second reading this 4th day of September, 2018.
MAYOR ENID WEISMAN
Ag417
e o6 50'
ATTEST:
ELLISA L. HORVATH, M
CITY CLERK
APPROVED AS 7 LEGAL SUFFICIENCY:
CITY ATTORNEY
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[;t A
FY 2017118 Budget Amendments
GENERAL FUND(001)
2017/18 2017/18 2017/18
OBJECT ADOPTED AMENDED REVISED
CODE CATEGORY BUDGET AMOUNT BUDGET
Revenues
Fines&Forfeitures
3542000 Intersection Safety Camera Program S 800,000 $ 200,000 $ 1,000,000
SUBTOTAL $ 800,000 $ 200,000 $ 1,000,000
Non-Revenue
3999000 Carryover $ 15,562,859 $ 1,915,479 $ 17,478,338
SUBTOTAL $ 15,562,859 $ 1,915,479 $ 17,478,338
Total Amendments-Revenues $ 2,115,479
Expenditures
Capital Outlay/Information Technology(8012-513)
6401 Computer Equipment>$5,000 $ 275,847 $ 198,000 $ 473,847
SUBTOTAL $ 275,847 $ 198,000 $ 473,847
Capital Outlay/Public Works/Transportation(8054-541)
6309 Seawall Improvements $ 1,043,660 $ 517,647 $ 1,561,307
6352 Hurricane Landscape Restoration - 916,750 916,750
SUBTOTAL $ 1,043,660 $ 1,434,397 $ 2,478,057
Non Departmental/Transfers(9001-5811
9126 Transfer to Debt Service Fund-2018(Fund 291) $ - $ 230,479 $ 230,479
9127 Transfer to Charter H.S.Construction Fund(Fund 393) - 6,200,000 6,200,000
SUBTOTAL $ - $ 6,430,479 $ 6,430,479
Capital Outlay/Non-Departmental(8090-590)
6101 Land Acquisition/Purchase $ - $ 4,430,000 $ 4,430,000
6452 Equipment-Hurricane Related - 300,000 300,000
6999 Capital Reserve 14,772,304 (12,062,397) 2,709,907
SUBTOTAL $ 14,772,304 $ (7,332,397) $ 7,439,907
NON-DEPARTMENTAL(9001)
4620 R&M-Government Center $ 200,000 $ 95,000 $ 295,000
5904 Hurricane/Debris Removal - 1,000,000 1,000,000
5905 Hurricane/Debris Monitor - 230,000 230,000
5906 Hurricane/Preparation - 55,000 55,000
5907 Hurricane/Supplies - 5,000 5,000
Total Non-Departmental $ 200,000 $ 1,385,000 $ 1,585,000
Total Amendments-Expenditures $ 2,115,479
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Exhibit A
DEBT SERVICE FUND
2018 LOAN DEBT SERVICE FUND(291)
2017/18 2017/18 2017/18
OBJECT ADOPTED AMENDED REVISED
CODE CATEGORY BUDGET AMOUNT BUDGET
Revenues
Non-Revenue
3811001 Transfer from General Fund $ - $ 230,479 $ 230,479
SUBTOTAL $ - $ 230,479 $ 230,479
Total Amendments-Revenues $ 230,479
DEBT SERVICE
Non-Departmental-9001-590
7130 Principal $ - $ 110,000 $ 110,000
7230 Interest - 120,479 120,479
SUBTOTAL $ - $ 230,479 $ 230,479
Total Amendments-Expenditures $ 230,479
CAPITAL PROJECTS FUND(392)
2017/18 2017/18 2017/18
OBJECT ADOPTED AMENDED REVISED
CODE CATEGORY BUDGET AMOUNT BUDGET
Revenues
Non-Revenue
3999000 Carryover-Community Services $ 193,327 $ 232,000 $ 425,327
SUBTOTAL $ 193,327 $ 232,000 $ 425,327
Total Amendments-Revenues $ 232,000
Expenditures
Non Departmental/Transfers(9001-581)
3930 Transfer to Charter H.S.Construction Fund(Fund 393) $ - $ 232,000 $ 232,000
SUBTOTAL $ - $ 232,000 $ 232,000
Total Amendments-Expenditures $ 232,000
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Exhibit A
AVENTURA CHARTER SCHOOL CONSTRUCTION FUND (393)
2017/18 2017/18 2017/18
ADOPTED AMENDED REVISED
CATEGORY BUDGET AMOUNT BUDGET
Revenues
Non-Revenue
3842000 Bond Proceeds $ - $ 7,100,000 $ 7,100,000
3811001 Transfer from General Fund Reserves - 6,000,000 6,000,000
Advance from General Fund-Naming Rights Donation - 2,000,000 2,000,000
3811001 Transfer from General Fund-Intersection Safety Camera Program - 200,000 200,000
3814000 Transfer from Capital Projects Fund-Park Impact Fees - 232,000 232,000
SUBTOTAL $ - $ 15,532,000 $ 15,532,000
Total Amendments-Revenues $ 15,532,000
Expenditures
Charter School Capital Outlay(6010-561)
6208 Facility/Building Construction $ - $ 13,859,841 $ 13,859,841
6208 Architect - 775,000 775,000
6208 Builders Risk Insurance - 81,500 81,500
6208 FF&E - 370,000 370,000
6208 FPL Transformer - 45,000 45,000
6208 Security System - 225,000 225,000
6208 Threshold Inspection/Testing - 85,159 85,159
6208 Traffic Engineer - 35,000 35,000
SUBTOTAL $ - $ 15,476,500 $ 15,476,500
COSTS OF ISSUANCE
Non-Departmental-9001-590
3125 Prof.Services-Costs of Issuance $ - $ 55,500 $ 55,500
SUBTOTAL $ - $ 55,500 $ 55,500
Total Amendments-Expenditures $ 15,532,000
STORMWATER UTILITY FUND(410)
2017/18 2017/18 2017/18
IMADOPTED AMENDED REVISED
' CATEGORY BUDGET AMOUNT BUDGET
Revenues
Non-Revenue
3343606 FDEP Grant $ - $ 100,000 $ 100,000
3999000 Carryover 303,031 609,319 912,350
SUBTOTAL $ 303,031 $ 709,319 $ 1,012,350
Total Amendments-Revenues $ 709,319
Expenditures
Public Works/Transportation-54-538
6306 Drainage Improvements $ 398,031 $ 352,011 $ 750,042
6309 Seawall Improvements - 794,829 794,829
6999 Capital Reserve 537,000 (437,521) 99,479
SUBTOTAL $ 935,031 $ 709,319 $ 1,644,350
Total Amendments-Expenditures $ 709,319
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