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Ordinance No. 2019-06 Amending FY 2018/2019 Budget - April 2, 2019 ORDINANCE NO. 2019-06 AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AMENDING ORDINANCE NO. 2018-18 WHICH ORDINANCE ADOPTED A BUDGET FOR THE 2018/2019 FISCAL YEAR BY REVISING THE 2018/2019 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 2018/2019 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. 2018-18, which Ordinance adopted a budget for the 2018/2019 fiscal year, by revising the 2018/2019 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. 2019-06 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, 2018. The foregoing Ordinance was offered by Commissioner Landman, 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 Yes Commissioner Gladys Mezrahi Yes Commissioner Marc Narotsky Yes Commissioner Robert Shelley Yes Commissioner Howard Weinberg Yes Vice Mayor Dr. Linda Marks Yes Mayor Enid Weisman Yes The foregoing Ordinance was offered by Commissioner Landman, 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 Gladys Mezrahi Yes Commissioner Marc Narotsky Yes Commissioner Robert Shelley Yes Commissioner Howard Weinberg Yes Vice Mayor Dr. Linda Marks Yes Mayor Enid Weisman Yes Page 2 of 3 City of Aventura Ordinance No. 2019-06 PASSED on first reading this 12th day of March, 2019. PASSED AND ADOPTED on second reading this 2nd day of April, 2019. AYOR ENID WEISMAN "< ATTEST: ELLISA L. HORVATH, C CITY CLERK APPROVED AS TO LEGAL SUFFICIENCY: 11\4( /41r CITY ATTORNEY Page 3 of 3 Exhibit A FY 2018/19 Budget Amendments GENERAL FUND(001) 2018/19 2018/19 2018/19 ADOPTED AMENDED REVISED Revenues Non-Revenue 3999000 Carryover $ 15,394,799 $ 12,773 $ 15,407,572 SUBTOTAL $ 15,394,799 $ 12,773 $ 15,407,572 Total Amendments-Revenues $ 12,773 Expenditures Capital Outlay/Arts&Cultural Center(8070-575) 6410 Equipment>$5,000 $ 82,038 $ 95,000 $ 177,038 SUBTOTAL $ 82,038 $ 95,000 $ 177,038 Non Departmental/Transfers(9001-5811 9123 Transfer to Debt Service Fund-2010/11 1,195,704 (741) 1,194,963 9125 Transfer to Debt Service Fund-2012(A) 345,621 13,514 359,135 SUBTOTAL $ 1,541,325 $ 12,773 $ 1,554,098 Non Departmental/Capital Outlay(8090-590) 6999 Capital Reserve 14,772,304 (95,000) 14,677,304 SUBTOTAL $ 14,772,304 $ (95,000) $ 14,677,304 Total Amendments-Expenditures $ 12,773 Page 1 of 4 Exhibit A POLICE EDUCATION FUND(110) 2018/19 2018/19 2018/19 OBJECT ADOPTED AMENDED REVISED CODE CATEGORY BUDGET AMOUNT BUDGET Revenues Non-Revenue 3999000 Carryover $ 5,116 $ 5,491 $ 10 607 SUBTOTAL $ 5,116 $ 5,491 $ 10,607 Total Amendments-Revenues $ 5,491 Expenditures Public Safety(2001-521) 5450 Training $ 11,116 $ 5,491 $ 16,607 SUBTOTAL $ 11,116 $ 5,491 $ 16,607 Total Amendments-Expenditures $ 5,491 TRANSPORTATION AND STREET MAINTENANCE FUND(120) 2018/19 2018/19 2018/19 OBJECT ADOPTED AMENDED REVISED CODE CATEGORY BUDGET AMOUNT BUDGET Revenues Non-Revenue 3999000 Carryover $ 1,547,125 $ 3,077,724 $ 4,624,849 SUBTOTAL $ 1,547,125 $ 3,077,724 $ 4,624,849 Total Amendments-Revenues $ 3,077,724 Expenditures Public Works/Transportation-54-541 6305 Road Resurfacing $ 311,000 $ 90,985 $ 401,985 6307 Street Lighting Improv. 400,000 150,000 550,000 6999 Capital Reserve 1,185,660 2,836,739 4,022,399 SUBTOTAL $ 1,896,660 $ 3,077,724 $ 4,974,384 Total Amendments-Expenditures $ 3,077,724 911 FUND(180) 2018/19 2018/19 2018/19 OBJECT ADOPTED AMENDED REVISED CODE CATEGORY BUDGET AMOUNT BUDGET Revenues Non-Revenue 3999000 Carryover $ - $ 18.904 $ 18,904 SUBTOTAL $ - $ 18,904 $ 18,904 Total Amendments-Revenues $ 18,904 Expenditures Public Safety(2001-5212 6999 Capital Reserve $ - $ 18,904 $ _ 18,904 SUBTOTAL $ - $ 18,904 $ 18,904 Total Amendments-Expenditures $ 18,904 Page 2 of 4 Exhibit A DEBT SERVICE FUND SERIES 2010&2011 (230) 2018/19 2018/19 2018/19 OBJECT ADOPTED AMENDED REVISED CODE CATEGORY BUDGET AMOUNT BUDGET Revenues Non-Revenue 3811001 Transfer from General Fund $ 1,195,704 S (741) S 1,194,963 3999000 Carryover 268 741 1,009 SUBTOTAL $ 1,195,972 $ - $ 1,195,972 Total Amendments-Revenues $ - DEBT SERVICE FUND SERIES 2012(A)CHARTER SCHOOL LAND ACQUISITION(250) 2018/19 2018/19 2018/19 OBJECT ADOPTED AMENDED REVISED CODE CATEGORY BUDGET AMOUNT BUDGET Revenues Non-Revenue 3811001 Transfer from General Fund $ 345,621 S 13,514 $ 359,135 3999000 Carryover 7,514 26 7,540 SUBTOTAL $ 353,135 $ 13,540 $ 366,675 Total Amendments-Revenues $ 13,540 DEBT SERVICE Non-Departmental-9001-590 7230 Interest $ 62,486 $ 13,540 $ 76,026 SUBTOTAL $ 62,486 $ 13,540 $ 76,026 Total Amendments-Expenditures $ 13,540 DEBT SERVICE FUND SERIES 2012(B)CHARTER SCHOOL BUILDING CONSTRUCTION(290) 2018/19 2018/19 2018/19 OBJECT ADOPTED AMENDED REVISED CODE CATEGORY BUDGET AMOUNT BUDGET Transfer/Debt Proceeds 3811901 Transfer from Charter School Fund $ 394,083 $ 15,936 $ 410,019 SUBTOTAL $ 394,083 $ 15,936 $ 410,019 Total Amendments-Revenues $ 15,936 DEBT SERVICE Non-Departmental-9001-590 7230 Interest $ 69,732 $ 15,936 $ 85,668 SUBTOTAL $ 69,732 $ 15,936 $ 85,668 Total Amendments-Expenditures $ 15,936 Page 3 of 4 Exhibit A CAPITAL PROJECTS FUND(392) 2018/19 2018/19 2018/19 OBJECT ADOPTED AMENDED REVISED CODE CATEGORY BUDGET AMOUNT BUDGET Revenues Non-Revenue 3999000 Carryover-Police S 134,700 $ 51,465 $ 186,165 3999000 Carryover-Community Services - 265,913 265,913 3999000 Carryover-Public Works/Transportation - 325,000 325,000 SUBTOTAL $ 134,700 $ 642,378 $ 777,078 Total Amendments-Revenues $ 642,378 Expenditures Police(2001-521) 6999 Capital Reserve-Police $ - $ 51,465 $ 51,465 Community Services(5001-572) 6999 Capital Reserve-Community Services - 913 913 Public Works/Transportation(5401-541) 6999 Capital Reserve-Public Works/Transportation - 325,000 325,000 Non Departmental/Transfers(9001-5811 3930 Transfer to Charter H.S.Construction Fund(Fund 393) - 265,000 265,000 SUBTOTAL $ - $ 642,378 $ 642,378 Total Amendments-Expenditures $ 642,378 AVENTURA CHARTER SCHOOL CONSTRUCTION FUND(393) 2018/19 2018/19 2018/19 OBJECT ADOPTED AMENDED REVISED CODE CATEGORY BUDGET AMOUNT BUDGET Revenues Non-Revenue 3999000 Carryover $ 11,170,235 $ 927,166 $ 12,097,401 3814000 Transfer from Capital Projects Fund-Park Impact Fees - 265,000 265,000 SUBTOTAL $ 11,170,235 $ 1,192,166 $ 12,362,401 Total Amendments-Revenues $ 1,192,166 Expenditures Charter School Capital Outlay(6010-561) 6208 Facility/Building Construction $ 13,170,235 $ 1,192,166 $ 14,362,401 SUBTOTAL $ 13,170,235 $ 1,192,166 $ 14,362,401 Total Amendments-Expenditures $ 1,192,166 • Page 4 of 4