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RECAP September 8, 2020 Commission (First Budget Hearing)CITY COMMISSION FIRST BUDGET HEARING RECAP SEPTEMBER 8, 2020 6:00 p.m. Via Virtual Communications Media Technology 1. CALL TO ORDER\ROLL CALL 6:00 p.m. 2. PLEDGE OF ALLEGIANCE 3. PUBLIC HEARINGS: ORDINANCES: FIRST READING - 2020/2021 BUDGET A. AN ORDINANCE OF THE CITY OF AVENTURA, FLORIDA, ESTABLISHING AND ADOPTING THE CITY OF AVENTURA AD VALOREM TAX OPERATING MILLAGE LEVY RATE AT 1.7261 MILLS PER THOUSAND DOLLARS OF TAXABLE ASSESSED PROPERTY VALUE, WHICH AS A PERCENT (%) CHANGE OF ROLLED -BACK RATE OF 1.7472 MILLS IS -1.21% COMPUTED PURSUANT TO STATE LAW, FOR THE 2020 TAX YEAR; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. Action Taken: Approved on First Reading B. AN ORDINANCE OF THE CITY OF AVENTURA, FLORIDA, ADOPTING THE ATTACHED TENTATIVE OPERATING AND CAPITAL BUDGET, AS REVIEWED AND APPROVED BY THE CITY COMMISSION AT THE REVIEW MEETING HELD ON JULY 16, 2020 AS THE CITY OF AVENTURA FINAL BUDGET FOR THE 2020/2021 FISCAL YEAR, PURSUANT TO SECTION 4.05 OF THE CITY CHARTER; AUTHORIZING EXPENDITURE OF FUNDS ESTABLISHED BY THE BUDGET; PROVIDING FOR BUDGETARY CONTROL; PROVIDING FOR PERSONNEL AUTHORIZATION; PROVIDING FOR GIFTS AND GRANTS; PROVIDING FOR AMENDMENTS; PROVIDING FOR PROCEDURES REGARDING ENCUMBRANCES AND THE RE -APPROPRIATION OF UNEXPENDED CAPITAL APPROPRIATIONS; ESTABLISHING THE COMMITTED FUND BALANCE FOR CAPITAL RESERVE; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. Action Taken: Approved on First Reading 4. ADJOURNMENT 6:14 p.m.