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Ordinance No. 2021-08 Amending Don Soffer Aventura High School (DSAHS) Budget FY 2020-2021 - June 1, 2021 CITY OF AVENTURA ORDINANCE NO. 2021-08 AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AMENDING ORDINANCE NO. 2020-05, WHICH ORDINANCE ADOPTED THE DON SOFFER AVENTURA HIGH SCHOOL BUDGET FUND 191 FOR FISCAL YEAR 2020/2021 (JULY 1 — JUNE 30) BY REVISING THE 2020/2021 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 Don Soffer Aventura High School and upon the recommendations of the Principal of the Don Soffer Aventura High School, the City Manager (and the concurrence of the Assistant City Manager — Finance and Administration as to Accounting Principles), it is deemed necessary to adjust, amend and implement the 2020/2021 Operating and Capital Budget of the Don Soffer Aventura High 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. 2020-05, which Ordinance adopted a budget for the 2020/2021 fiscal year for Don Soffer Aventura High School by revising the 2020/2021 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. 2021-08 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 Landman, who moved its adoption on first reading. This motion was seconded by Commissioner Friedland, and upon being put to a vote, the vote was as follows: Commissioner Jonathan Evans Yes Commissioner Rachel S. Friedland Yes Commissioner Denise Landman Yes Commissioner Marc Narotsky Yes Commissioner Robert Shelley Yes Vice Mayor Dr. Linda Marks 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 Evans, and upon being put to a vote, the vote was as follows: Commissioner Jonathan Evans Yes Commissioner Rachel S. Friedland Yes Commissioner Denise Landman Yes Commissioner Marc Narotsky Absent Commissioner Robert Shelley Yes Vice Mayor Dr. Linda Marks Yes Mayor Enid Weisman Yes Page 2 of 3 City of Aventura Ordinance No. 2021-08 PASSED on first reading this 4t" day of May, 2021. PASSED AND ADOPTED on second reading this 1st day of June, 2021. Er ENID WEISMAN, MAYOR • ATTEST: ELLISA L. HORVATH, MMC CITY CLERK APPROVED AS TO LEGAL SUFFICIENCY: V4 �-� 14"t— CITY ATTORNEY Page 3 of 3 DON SOFFER AVENTURA HIGH SCHOOL Exhibit A FY202012021 Budget Amendment Supporting Schedule ADOPTED AMENDED REVISED BUDGET AMOUNT BUDGET Enrollment 415.00 4.00 419.00 FEFP rate per Student $ 7,093.38 $ (91) $ 7,002.05 REVENUE: FTE $ 2,943,753 $ (9,894) $ 2,933,859 Capital Outlay 209,071 4,897 213,968 NSLP Revenue (National School Lunch Program) 36,201 (5,165) 31,036 Food Services 140,184 (94,321) 45,863 Intersection Safety Camera Program Transfer-in from City's General Fund 150,000 - 150,000 Grants - CSP 250,000 341,264 591,264 Grants - Federal/State - 60,125 60,125 Miscellaneous Revenues (includes E-Rate Program) 37,706 (37,706) - School Recognition 4,292 (4,292) - Other Program Revenue 200,000 173,259 373,259 Subtotal Operating Revenue $ 3,971,207 $ 428,168 $ 4,399,375 Other Non-Revenue City Subsidy* Advance from the City's General Fund 487,870 - 487,870 TOTAL REVENUE $ 4,459,077 $ 428,168 $ 4,887,245 EXPENDITURES Operating Expenditures Compensation Administrative Staff 562,816 (22,149) 584,965 Instructional Staff 1,566,484 (463) 1,566,947 Benefits/Other 537,972 (23,896) 561,868 Total Compensation $ 2,667,272 $ (46,508) $ 2,713,780 Professional Services 538,001 (24,035) 562,036 Vendor Services 399,612 10,067 389,545 Administration Expenditures 19,580 (9,542) 29,122 Instructional Expenditures 417,177 7,244 409,933 Other Operating Expenditures 297,314 2,238 295,076 Fixed Expenditures 24,619 - 24,619 TOTAL OPERATING EXPENDITURES $ 4,363,575 $ (60,536) $ 4,424,111 Subtotal Capital Expenditures $ 250,000 $ (367,632) $ 617,632 Total Unadjusted Operating and Capital Expenditures $ 4,613,575 $ (428,168) $ 5,041,743 Unadjusted Revenue over/(under) Expenditures $ (154,498) $ 0 $ (154,498) CSUSA Subsidy to offset Professional Services *** $ 154,498 $ - $ 154,498 Adjusted Revenues over/(under) Expenditures $ - $ 0 $ (0) Total Adjusted Operating and Capital Expenditures $ 4,459,077 $ (428,168) $ 4,887,245 Net Change in Fund Balance $ - $ 0 $ (0) Change in Fund Balance less City Subsidy $ (487,870) $ 0 $ (487,870)