Loading...
09-03-2024 First Budget Public Hearing Agenda CITY OF AVENTURA Aventura Government Center 19200 West Country Club Drive Aventura, FL 33180 ..�V r■. e4 q CITY COMMISSION FIRST BUDGET PUBLIC HEARING AGENDA September 3, 2024 6:00 p.m. Aventura Government Center Commission Chambers City Commission Mayor Howard S. Weinberg, Esq. Vice Mayor Dr. Linda Marks Commissioner Amit Bloom Commissioner Rachel S. Friedland, Esq. Commissioner Billy Joel Commissioner Paul A. Kruss City Manager Ronald J. Wasson City Clerk Ellisa L. Horvath, MMC City Attorneys Weiss Serota Helfman Cole & Bierman Aventura City Commission First Budget Public Hearing Agenda September 3, 2024 1. CALL TO ORDER/ROLL CALL 2. PLEDGE OF ALLEGIANCE 3. PUBLIC HEARINGS: ORDINANCES - FIRST READING - 2024/2025 BUDGET: A. AN ORDINANCE OF THE CITY OF AVENTURA, FLORIDA, ESTABLISHING AND ADOPTING THE CITY OF AVENTURAAD 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 1.5879 MILLS IS 8.70%ABOVE THE ROLLED-BACK RATE COMPUTED PURSUANT TO STATE LAW, FOR THE 2024 TAX YEAR; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. 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 18, 2024 AS THE CITY OF AVENTURA FINAL BUDGET FOR THE 2024/2025 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. 4. ADJOURNMENT This meeting is open to the public.In accordance with the Americans with Disabilities Act of 1990,all persons who are disabled and who need special accommodations to participate in this meeting because of that disability should contact the Office of the City Clerk, (305) 466-8901 or cityclerk@cityofaventura.com, not later than two days prior to such proceedings. One or more members of the City of Aventura Advisory Boards may participate in the meeting. Anyone wishing to appeal any decision made by the Aventura City Commission with respect to any matter considered at such meeting or hearing will need a record of the proceedings and, for such purpose, may need to ensure that a verbatim record of the proceedings is made, which record includes the testimony and evidence upon which the appeal is to be based. Agenda items are available online at cityofaventura.com for viewing and printing,or may be requested through the Office of the City Clerk at(305)466-8901 or cityclerk@cityofaventura.com. Page 1 of 1 CITY OF "ENTURA OFFICE OF THE CITY MANAGER MEMORANDUM TO: City Commission FROM: Ronald J. Wasson, City Manager BY: Melissa Cruz, Finance Director DATE: August 30, 2024 SUBJECT: Ordinance Adopting Ad Valorem Tax Rate for Fiscal Year 2024/25 September 3, 2024 City Commission First Budget Public Hearing Agenda (First Reading) September 10, 2024 City Commission Second Budget Public Hearing Agenda (Second Hearing) Attached for your approval is an Ordinance adopting the ad valorem tax rate for fiscal year 2024/25. RECOMMENDATION It is recommended that the City Commission adopt a millage rate of 1.7261 for fiscal year 2024/25. This rate includes no increase over the prior year and will generate $22,217,951 based on an assessed value of$13,549,224,714. If you have any questions, please feel free to contact me. Attachment CITY OF AVENTURA ORDINANCE NO. 2024- 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 1.5879 MILLS IS 8.70% ABOVE THE ROLLED-BACK RATE COMPUTED PURSUANT TO STATE LAW, FOR THE 2024 TAX YEAR; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the Miami-Dade County Property Appraiser has certified a Tax Assessment Roll for the year 2024, which includes the assessment for the City of Aventura; and WHEREAS, the City Commission and the City Manager of the City of Aventura have reviewed the 2024/2025 fiscal year budget for the various operating departments of the City and the means of financing said budget; and WHEREAS, the City Commission has considered an estimate of the necessary expenditures contemplated for the fiscal year ensuing, and has determined that the levy set forth herein below shall provide a portion of the necessary funds for said expenditures. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AS FOLLOWS, THAT: Section 1. The City Commission does hereby establish and adopt the City of Aventura Ad Valorem Tax Operating Millage Levy Rate of 1.7261 mills for the 2024 tax year, or $1.7261 per thousand dollars of taxable assessed property value. Said rate as a percent (%) change of rolled-back rate of 1.5879 mills is 8.70% above the rolled-back rate. Section 2. The Miami-Dade County Tax Collector is hereby directed to proceed with the collection and enforcement of the taxes levied herein as authorized by State and County law. Section 3. All ordinances or parts of ordinances, resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of such conflict. Section 4. Severability. The provisions of this Ordinance are declared to be severable and if any section, sentence, clause or phrase of this Ordinance shall for any reason be held to be invalid or unconstitutional, such decision shall not affect the validity of the remaining sections, sentences, clauses, and phrases of this Ordinance but they shall City of Aventura Ordinance No. 2024- remain in effect, it being the legislative intent that this Ordinance shall stand notwithstanding the invalidity of any part. Section 5. Effective Date. This Ordinance shall be effective immediately upon adoption on second reading. The foregoing Ordinance was offered by Commissioner who moved its adoption on first reading. The motion was seconded by Commissioner and upon being put to a vote, the vote was as follows: Commissioner Amit Bloom Commissioner Rachel S. Friedland Commissioner Billy Joel Commissioner Paul A. Kruss Vice Mayor Dr. Linda Marks Mayor Howard S. Weinberg The foregoing Ordinance was offered by Commissioner who moved its adoption on second reading. This motion was seconded by Commissioner and upon being put to a vote, the vote was as follows: Commissioner Amit Bloom Commissioner Rachel S. Friedland Commissioner Billy Joel Commissioner Paul A. Kruss Vice Mayor Dr. Linda Marks Mayor Howard S. Weinberg Page 2 of 3 City of Aventura Ordinance No. 2024- PASSED on first reading this V day of September, 2024. PASSED AND ADOPTED on second reading this loth day of September, 2024. HOWARD S. WEINBERG, ESQ. MAYOR ATTEST: ELLISA L. HORVATH, MMC CITY CLERK APPROVED AS TO LEGAL SUFFICIENCY: ROBERT MEYERS CITY ATTORNEY WEISS SEROTA HELFMAN COLE + BIERMAN, P.L. Page 3 of 3 CITY OF "ENTURA OFFICE OF THE CITY MANAGER MEMORANDUM TO: City Commission FROM: Ronald J. Wasson, City Manager BY: Melissa Cruz, Finance Director DATE: August 30, 2024 SUBJECT: Ordinance Adopting 2024/2025 Operating and Capital Budget September 3, 2024 City Commission First Budget Public Hearing Agenda (First Reading) September 10, 2024 City Commission Second Budget Public Hearing Agenda (Second Reading) Attached for your consideration is an Ordinance that adopts the tentative Operating and Capital Budget for fiscal year 2024/2025 that was originally reviewed by the City Commission at the July 18, 2024 budget review meeting and modified as presented below. • Increased the Cost of Living Adjustment (COLA) for General Employees from 4.00% to 5.00%. • Updated insurance premiums to reflect negotiated amounts with a new vendor for property, liability, cyber liability, auto and workers' compensation throughout the budget. The change resulted in savings of approximately $775,000 from the originally proposed budget. • Updated the ACES & DSAHS Police Officer revenue based on savings from workers' compensation insurance change. • Decreased the County Transit System Surtax revenue in the Citizens' Independent Transportation Trust (CITT) Fund, Fund 121, from $2,550,000 to $2,400,000 based on estimates received from Miami-Dade County after the proposed budget was reviewed with the City Commission. • Updated the CIP reserves in necessary funds based on above changes. If you have any questions, please feel free to contact me. Attachment CITY OF AVENTURA ORDINANCE NO. 2024- 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 18, 2024 AS THE CITY OF AVENTURA FINAL BUDGET FOR THE 2024/2025 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. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AS FOLLOWS: Section 1. Budget Adopted. The tentative 2024/2025 Operating and Capital Improvement Program Budget, reviewed and approved with modifications made as requested by the City Commission on July 18, 2024, a copy of said budget being attached hereto and made a part hereof as specifically as if set forth at length herein, be and the same is hereby established and adopted as the City of Aventura's final budget for the 2024/2025 fiscal year. The tentative budget adopted hereby may be amended or adjusted by a motion approved by a majority vote of the City Commission at the public hearings in accordance with State Statutes. Section 2. Expenditure of Funds Appropriated in the Budget Authorized. Funds appropriated in the Budget may be expended by and with the approval of the City Manager in accordance with the provisions of the City Charter and applicable law. Funds of the City shall be expended in accordance with the appropriations provided in the Budget adopted by this Ordinance and shall constitute an appropriation of the amounts specified City of Aventura Ordinance No. 2024- therein. Supplemental appropriations or the reduction of appropriations, if any, shall be made in accordance with Section 4.07 of the City Charter. Section 3. Budgetary Control. The 2024/2025 Operating and Capital Outlay Budget establishes a limitation on expenditures by department total. Said limitation requires that the total sum allocated to each department for operating and capital expenses may not be increased or decreased without specific authorization by a duly-enacted Resolution affecting such amendment or transfer. Therefore, the City Manager may authorize transfers from one individual line item account to another, so long as the line item accounts are within the same department and fund. Section 4. Personnel Authorization. The "Personnel Allocation Summary" included within each department budget enumerates all authorized budgeted positions for appointment by the City Manager. All personnel filling said authorized positions shall be paid pursuant to the City's Budget, Personnel Policies and/or collective bargaining agreements. Section 5. Grants and Gifts. When the City of Aventura receives monies from any source, be it private or governmental, by Grant, Gift, or otherwise, to which there is attached as a condition of acceptance any limitation regarding the use or expenditures of the monies received, the funds so received need not be shown in the Operating Budget nor shall said budget be subject to amendment of expenditures as a result of the receipt of said monies, but said monies shall only be disbursed and applied toward the purposes for which the said funds were received. To ensure the integrity of the Operating Budget, and the integrity of the monies received by the City under Grants or Gifts, all monies received as contemplated above must, upon receipt, be segregated and accounted for based upon generally accepted accounting principles and where appropriate, placed into separate and individual trust Page 2 of 5 City of Aventura Ordinance No. 2024- and/or escrow accounts from which any money drawn may only be disbursed and applied within the limitations placed upon the Gift or Grant as aforesaid. Section 6. Amendments. Upon the passage and adoption of the 2024/2025 fiscal year Budget for the City of Aventura, if the City Manager determines that an Operating Department Total or a Capital Outlay Line Item will exceed its original appropriation, the City Manager is hereby authorized and directed to prepare such Resolutions as may be necessary and proper to modify any line item from the Budget hereby. Section 7. Encumbrances. 1. All outstanding encumbrances for operating expenditures at September 30, 2024 shall lapse at that time; and, 2. All outstanding encumbrances for Capital Expenditures as of September 30, 2024 shall lapse at that time; and, that all unexpended Capital appropriations, including outstanding encumbrances, may be added, at the City Manager's discretion, to the corresponding 2023/2024 available balances and be simultaneously re-appropriated for capital expenditures, as previously approved in the 2023/2024 fiscal year; and, 3. It is contemplated and acknowledged that the possible addition of available Capital balances in the General Fund and other Funds and their simultaneous re- appropriation, at the City Manager's discretion, under this Section shall not be interpreted or construed as an increase in revenues available for appropriation under Section 4.07 of the City Charter or as a variation of the total budget under Section 6 of the City's Original Budget Ordinance. Section 8. Committed Fund Balance. The Capital Reserve, as established in the 2024/2025 Budget is $2,988,970. This amount is to be added to the Committed Fund Balance to be utilized for the Capital Reserve, (effective September 30, 2024). Section 9. Severability. The provisions of this Ordinance are declared to be severable and if any section, sentence, clause or phrase of this Ordinance shall for any reason be held to be invalid or unconstitutional, such decision shall not affect the validity of the remaining sections, sentences, clauses, and phrases of this Ordinance but they shall Page 3 of 5 City of Aventura Ordinance No. 2024- remain in effect, it being the legislative intent that this Ordinance shall stand notwithstanding the invalidity of any part. Section 10. Effective Date. This Ordinance shall be effective immediately upon adoption on second reading. The foregoing Ordinance was offered by Commissioner who moved its adoption on first reading. The motion was seconded by Commissioner and upon being put to a vote, the vote was as follows: Commissioner Amit Bloom Commissioner Rachel S. Friedland Commissioner Billy Joel Commissioner Paul A. Kruss Vice Mayor Dr. Linda Marks Mayor Howard S. Weinberg The foregoing Ordinance was offered by Commissioner who moved its adoption on second reading. This motion was seconded by Commissioner and upon being put to a vote, the vote was as follows: Commissioner Amit Bloom Commissioner Rachel S. Friedland Commissioner Billy Joel Commissioner Paul A. Kruss Vice Mayor Dr. Linda Marks Mayor Howard S. Weinberg Page 4 of 5 City of Aventura Ordinance No. 2024- PASSED on first reading this V day of September, 2024. PASSED AND ADOPTED on second reading this loth day of September, 2024. HOWARD S. WEINBERG, ESQ. MAYOR ATTEST: ELLISA L. HORVATH, MMC CITY CLERK APPROVED AS TO LEGAL SUFFICIENCY: ROBERT MEYERS CITY ATTORNEY WEISS SEROTA HELFMAN COLE + BIERMAN, P.L. Page 5 of 5 V > FLOC - F- City/ of Aventura I Operat *ingand C api* ta u et For the Fiscal Year 2024 � 2025 E1 � � � � � �®ter_..-. :•� City of Aventura Operating and Capital Budget Fiscal Year 2024/25 City Commission Mayor Howard S. Weinberg, Esq. Commissioner Amit Bloom Commissioner Rachel S. Friedland, Esq. Commissioner Billy Joel Commissioner Paul A. Kruss Commissioner Dr. Linda Marks City Manager Ronald J. Wasson City Clerk Ellisa L. Horvath, MMC City Attorneys Weiss Serota Helf man Cole & Bierman, P.L., City Attorney Department Directors Bryan Pegues, Assistant City Manger Michael Bentolila, Chief of Police Gladys Carcamo, Human Resources Director Melissa Cruz, Finance Director Carlos Fernandez, Information Technology Director Jeff Kiltie, Arts &Cultural Center General Manager Keven R. Klopp, Community Development Director Kimberly S. Merchant, Community Services Director Jake Ozyman, Public Works/Transportation Director Ana Melhuish, Aventura City of Excellence School Principal Geoff McKee, Don Soffer Aventura High School Principal City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank City of Aventura Operating and Capital Budget Fiscal Year 2024/25 Table of Contents City Manager's Budget Message Addendum...................................................................................................................i CityManager's Budget Message...................................................................................................................................iii OrganizationChart.............................................................................................................................................................................xxv Distinguished Budget Presentation Award.......................................................................................................xxvii Introduction..............................................................................................................................................................................................35 City of Aventura's Mission Statement..........................................................................................................................37 CommunityProfile........................................................................................................................................................................37 Budget Procedures and Process.....................................................................................................................................45 Summaryof All Funds......................................................................................................................................................................69 GeneralFund..............................................................................................................................................................................81 RevenueProjections.....................................................................................................................................................87 Expenditures: CityCommission..................................................................................................................................................................99 Officeof the City Manager..........................................................................................................................................107 LegalDepartment...............................................................................................................................................................115 CityClerk's Office................................................................................................................................................................123 FinanceDepartment.........................................................................................................................................................131 Human Resources Department.............................................................................................................................139 Information Technology Department...............................................................................................................147 PoliceDepartment............................................................................................................................................................155 Community Development Department.........................................................................................................169 Community Services Department.......................................................................................................................177 Public Works/Transportation Department...................................................................................................189 Arts & Cultural Center Department....................................................................................................................197 Non-Departmental............................................................................................................................................205 CapitalOutlay.......................................................................................................................................................................215 American Rescue Plan Act(-ARPA")Fund...............................................................................................................225 PoliceEducation Fund...................................................................................................................................................................233 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 Table of Contents Continued Transportation and Street Maintenance Fund.............................................................................................239 Citizens'Independent Transportation Trust(CITT) Fund...........................................................................245 BuildingFund..........................................................................................................................................................................................251 911 Fund......................................................................................................................................................................................263 DebtService Funds............................................................................................................................................................269 CapitalProjects Fund......................................................................................................................................................285 StormwaterUtility Fund...............................................................................................................................................................291 Short-term&Long-term Goals,Objectives&Financial Plans...............................................................297 Short-term & Long-term Goals & Objectives...................................................................................................299 Short-term Factors & Long-term Financial Plans.........................................................................................302 FinancialPolicies..............................................................................................................................................................................305 Capital Improvement Program Budget Policies.............................................................................................307 Cash Management/Investment Policies.................................................................................................................311 Financing Programs and Debt Administration..................................................................................................312 FundBalance Policies..............................................................................................................................................................315 OperatingBudget Policies...................................................................................................................................................318 Purchasing Policy and Administration......................................................................................................................319 RiskManagement......................................................................................................................................................................320 Appendices Appendix A-Capital Improvement Program Fiscal Years 2024/25-2028/29.......................321 Appendix B-Authorized Investment Summary Table..................................................................................383 Appendix C-Glossary of Acronyms&Terms.........................................................................................................387 Av'eqfura 41 Government Center 19200 West Country Club Drive 6`� 4 � Aventura, Florida 33180 Office of the City Manager August 30, 2024 The Honorable Mayor and City Commission City of Aventura Aventura, Florida 33180 RE: FY 2024/25 Budget Message Addendum Members of the City Commission: On July 12, 2024, the City Manager's Proposed Operating and Capital Budget for all funds for the fiscal year beginning October 1,2024 was presented to the City Commission.At the budget review meeting, that was held on July 18, 2024,the City Commission reviewed, discussed and proposed changes for the City Manager to include in the Operating and Capital Budget. The 2024/2025 Operating and Capital Budget is attached. Please note that the following changes were made to the budget since it was presented at the July 18, 2024 workshop: • Increased the Cost of Living Adjustment (COLA) for General Employees from 4.00%to 5.00%. • Updated insurance premiums to reflect negotiated amounts with a new vendor for property, liability, cyber liability, auto and workers' compensation throughout the budget.The change resulted in savings of approximately$775,000 from the originally proposed budget. • Updated the ACES & DSAHS Police Officer revenue based on savings from workers' compensation change. • Decreased the County Transit System Surtax revenue in the Citizens' Independent Transportation Trust (CITT) Fund, Fund 121, from $2,550,000 to $2,400,000 based on estimates received from Miami-Dade County after the proposed budget was reviewed with the City Commission. i Updated the CIP reserves in necessary funds based on above changes. As a result,the changes are reflected in the Commission Approval 2024/25 column. Respectfully submitted, Ronald J. a son City Manager ii Av'eqfura 41 Government Center 19200 West Country Club Drive 6`� 4 � Aventura, Florida 33180 Office of the City Manager August 30, 2024 The Honorable Mayor and City Commission City of Aventura Aventura, Florida 33180 RE: FY 2024/25 Budget Message Updated Members of the City Commission: In accordance with Article IV,Section 4.05 of the Charter of the City of Aventura (the"City"), I hereby submit the proposed Operating and Capital Budget for all funds for the fiscal year beginning October 1, 2024, and the Capital Improvement Program ("CIP") for the fiscal period October 1, 2024 through September 30, 2029 for your review and consideration. The budget document emphasizes a professional and conservative fiscal approach and represents the single most important report presented to the City Commission. It is primarily intended to establish an action, operational and financial plan for the delivery of City services. It also represents the City's commitment to providing the highest level of City services to maximize the quality of life for its citizens, businesses and visitors.The proposed budget provides the resources to maintain our quality municipal services and facilities that make Aventura a premier community to live,work and play. This document serves as an aid to the residents in providing a better understanding of the City's operating and fiscal programs. The primary goal of the CIP is to develop a long-term plan of proposed capital expenditures, the means and methods of financing and a schedule of priorities for implementation. It is important to stress that the CIP is a planning tool to evaluate both the infrastructure needs and financial capabilities of the City. In order to determine the impact of the CIP on the City's future operating budget,the City Commission and residents will be iii provided with the benefits of a CIP document which serves as a point of reference and includes an estimated long-term budget plan. At this point in the City's history, the need for major capital improvement funding has decreased substantially due to a very ambitious schedule of completing major community facilities and infrastructure projects during the past twenty-nine (29) years since the City's incorporation. This document represents an update of the CIP that was originally prepared for the five-year cycle of 2023/24 to 2027/28. The update process is important for the CIP to become a continuing and ongoing planning/implementation process. The last four (4) years of last year's program were re-evaluated in light of unanticipated needs, cost revisions, new project priorities and the City's financial condition. In addition, the CIP was updated to add new projects in the fifth (5t") year (FY 2028/29) to complete the cycle. Projects included within the framework of the program were based on input from Commissioners, staff, City consultants and citizens. Budget Format/Transparency This single budget document,which includes all City Funds and service programs, has been prepared to provide the public with a comprehensive and transparent overview of all City services and financial framework. A separate budget document for the Aventura City of Excellence School and the Don Soffer Aventura High School is adopted by the City in June of each year and can be found on the City's website. The budget is a performance-based plan that links goals and objectives with the financial resources necessary to achieve them. In order to ensure that goals and objectives established in the budget planning process are translated into results, the resources allocation process is tied to performance. The budget document contains performance workload indicators to facilitate this process. Every effort was made to provide a budget document that can be fully reviewed and justified to the City Commission and residents. The preparation of the budget document marks a continued commitment to a planned and professional process of developing a budget that will address the City's current and future issues. It also demonstrates the City's commitment to providing adequate service levels and the necessary justification to support all expenditure requests. Implications due to the Coronavirus ("COVID-19") Pandemic For the last four years, COVID-19 has caused major disruption in international and U.S. economies and markets.The pandemic had a significant impact on government agencies worldwide. City operations have returned to pre-COVID levels; however, the negative impact of inflation and increased costs for labor and supplies continues. In response to this,in FY 2020/21,the Federal Government has given the City of Aventura and eligible state, iv local, territorial and tribal governments funding to assist in economic recovery from the COVID-19 pandemic,also known as the American Rescue Plan Act ("ARPA"). Projects planned with the ARPA funds span City Departments. ARPA grant related revenue and expenditures are included in the FY 2024/25 budget and are shown in detailed level in the section entitled American Rescue Plan Act ("ARPA") Fund as well as in Appendix A as it relates to the Capital Improvement Program. Ad Valorem Taxes On July 1, 2024, the Miami-Dade County Property Appraiser advised the City that we experienced a 8.34% increase in property values in comparison to the prior year. This is the 3rd year that we have seen an increase in the City's existing property values. This increase was due to a booming housing market in the County coupled with new construction. In the current year, the addition of new construction totaled $56,682,230. However, with inflation and interest rates surging, economists are predicting a recession ahead. Dramatic price increases for materials and labor shortages are driving many of our expenditure line items up including repairs and maintenance and equipment. The growth of the FY 2024/25 operating expenditures was maintained in accordance with the FY 2023/24 adopted budget as much as possible to improve the City's financial position going forward. The City's strong fiscal policies and prudent budgeting have assisted in the maintenance of all existing service levels and avoiding raising the tax rate for the 29th year in a row. Due to the uncertainty of future property values and the overall economy, it is imperative that the City continue to follow the policy that unless it is included in the budget or it is self- supporting, new programs or projects should not be considered during the year. Going forward, developments currently under construction will increase the City's tax base and should provide revenue to offset future service demands. We need to continue to remain prudent and conservative in our financial management of the City by only utilizing General Fund Reserves in the case of an emergency or to fund an unanticipated economic event. Summary of All Budgetary Funds&Highlights The total proposed budget for FY 2024/25, including all funds, capital outlay and debt service, (net of interfund eliminations) is $66,617,424. In total, this is $2,121,401 or 3.09% less than the prior year's amended budget. The large decrease is due mostly to the decrease in the American Rescue Plan Act ("ARPA") Fund budget offset by the increase in the General Fund. ARPA Projects have been completed and only projects that will be in process next fiscal year are being budgeted. v Operating expenditures total $53,844,602, while Capital Outlay expenditures and CIP Reserve total $5,103,730 and $5,140,020, respectively. Debt Service expenditures total $2,529,072. Capital Outlay Projects include beautification and park facility improvements, transportation improvements and the commitment to invest in state-of-the-art technology to serve and protect our residents. Maintaining our infrastructure from government buildings to our park facilities continues to be a major funding priority to ensure their sustainability well into the future. The net operating costs for the all-funds budget increased by $3,490,202 or 6.93% as compared to the previous year's amended budget.The budget maintains our current level for all City services except for the following areas: • Increases and changes to staff as explained under Personal Services beginning on page x. • Building Inspection services, permit revenue and other miscellaneous revenues increased by $1,014,368 or 23.84% due to an increase in the current year activity which is expected to continue into FY 2024/25. • Community Services personnel funding increased compared to the prior year to ensure that adequate coverage is provided at our parks during the peak season and to accommodate increased attendance as the parks will be open 7 days a week, as well and to enhance internal support. • Recreational programming funding and expenditures increased due to an increase in the current year enrollment. • Special events in the Community Services Department increased from $375,000 in FY 2023/24 to $425,000 in FY 2024/25 to accommodate for additional events and increased costs. • An increase of 5.00% for health insurance has been added to the budget. An increase of 9.20%for PPO dental insurance and 9.00%for vision insurance has been considered in the development of this budget. • Insurance premiums throughout the budget for property, liability, cyber liability, auto and workers' compensation have been updated to reflect an upcoming vendor change resulting in savings of approximately $775,000 from the originally proposed budget. vi • The new Collective Bargaining Agreement ("CBA") effective October 1, 2024 is reflected in the budget for FY 2024/25. • A 5.00% Cost of Living Adjustment ("COLA") has been added for general employees. • A Convenience Fee revenue account of $84,500 has been added to the General Fund for credit card fees paid to the City for online credit card payments. A corresponding expenditure line item for the same amount is in the General Fund's Non-Departmental account. • Movement of amounts in line items to comply with GASB accounting principles throughout the budget. • Allocation of amounts from the Public Works/Transportation Department to the Community Services Department to allow for the full capture of costs to run the Community Recreation Center ("CRC") and Parks. The rest of this page has intentionally been left blank vii All • by Amount Commission Commission Approval Approval Fund qff 2024/25 %of Budget General Fund $ 54,320,257 77.18% American Rescue Plan Act(ARPA) Fund 2,920,500 4.15% Police Education Fund 4,000 0.01% Transportation & Street Maint. Fund 997,000 1.42% Citizens' Independent Transportation Trust(CITT) Fund 2,430,000 3.45% Building Fund 5,270,000 7.48% 911 Fund 79,000 0.11% Debt Service Funds 2,451,127 3.48% Capital Projects Fund 28,100 0.04% Stormwater Utility Fund 1,883,000 2.68% Subtotal $ 70,382,984 100.00% Interfund Eliminations $ (3,765,560) Total $ 66,617,424 All Funds Expenditure Category Summary by Amount Commission Commission Approval Approval Category 2024/25 %of Budget Personal Services $ 30,878,120 43.87% Contractual Services 13,235,145 18.81% Other Charges/Svcs 7,411,167 10.53% Commodities 976,000 1.39% Other Operating Expenses 1,344,170 1.91% Capital Outlay 10,243,750 14.55% Debt Service 2,529,072 3.59% Transferto Funds 3,765,560 5.35% $ 70,382,984 100.00% viii All Funds Summary by Percentage General Fund 77.18% Stormwater Utility Fund- 2.68% Capital Projects Fund 0.04% Debt Service Funds 3.48% 911 Fund 0.11% Building Fund 7.48% Citizens'Independent Transportation Trust(CITT)Fund American Rescue Plan Act 3.45% Transportation&Street (ARPA)Fund Maint.Fund Police Education Fund 4.15% 1.42% 0.01% All Funds Category Summary by Percentage Capital Outlay Debt Service Transferto Funds 14.55% 3.59% 5.35%_ Personal Services Other Operating Expenses 43.87% 1.91%l Commodities 1.39% Other Charges/Svcs 10.53% Contractual Services 18.81% IX The following chart shows a comparison of each department's budget for the past two (2) years. The total operating expenditures/expenses amount is $3,490,202 or 6.93% more than the previous year. Increased costs of health insurance, contracted labor, materials and supplies, personnel changes and community services programming contribute to these increases. All Funds Departmental Budget Comparison Commission Amended Budget Approval Department 2023/24 2024/25 Increase(Decrease) %Change City Commission $ 301,841 $ 468,287 $ 166,446 55.14% Office of the City Manager 1,492,954 1,591,242 98,288 6.58% Legal 467,500 500,000 32,500 6.95% City Clerk's Office 458,483 577,960 119,477 26.06% Finance 1,191,199 1,225,102 33,903 2.85% Human Resources 310,105 419,047 108,942 35.13% Information Technology 1,287,148 1,250,539 (36,609) -2.84% Police 24,785,631 26,161,344 1,375,713 5.55% Community Development 4,576,432 4,882,404 305,972 6.69% Comm unity Services 4,153,131 5,619,334 1,466,203 35.30% Public Works/Transportation 7,106,361 6,708,623 (397,738) -5.60% Arts &Cultural Center 1,241,517 1,573,910 332,393 26.77% Non-Departmental 2,982,098 2,866,810 (115,288) -3.87% Subtotal $ 50,354,400 $ 53,844,602 $ 3,490,202 6.93% Capital Outlay $ 14,579,760 • • •• •• • Total $ 72,118,094 $ 70,382,984 $ (1,735,110) -2.41% Personal Services Personal Services for all funds increased by$1,894,937 or 6.54%compared to the prior year. Additional information is outlined below: Total Number of Employees: 210 • 199 full-time, inclusive of the elected officials. This is an increase of nine (9) positions from the prior year as outlined below. x • 11 part-time, a decrease of two (2) positions from the prior year as outlined below. • 204.5 Full-time Equivalent (FTE) A. General Employees (non-unionized) - General Information: • Reflect a 5.00% COLA increase, effective October 1, 2024. • Reflect a bonus amount that averages 3% per employee for those employees who have not yet reached their maximum salary range. Total Number of Employees: 120 • 109 full-time - an increase of five (5) positions from the prior year as outlined below. • 11 part-time - a decrease of two (2) positions from the prior year as outlined below. • 114.5 FTE Total Changes to General Employees: • One (1) Part-Time Multimedia Specialist is added to the City Manager's Office. This position was hired during the current fiscal year, FY 2023/24. • One (1) Deputy City Clerk is added to the FY 2024/25 budget beginning in April 2025. • One (1) Part-Time Human Resources Assistant will be converted to Full- Time in FY 2024/25. This position will be promoted to Human Resources Specialist for the 2nd half of the fiscal year. • One (1) Full-Time Project Manager is added to the Information Technology Department. • One (1) Deputy Chief of Police is added to the Police Department. This position was hired during FY 2023/24. • A decrease of two (2) Captains in the Police Department. • Addition of one (1) Community Recreation Center ("CRC") Assistant Manager. • Addition of one (1) Parks & Recreation Lead due to a promotion during the current fiscal year. • Addition of four (4) Full-Time Park Attendant to assist with the workload associated with the City's Parks being opened 7 days a week and the new Founders Park facility that has 5 Pickleball Courts, 3 Tennis Courts and 52 Garden Planters. One (1) Part-Time Park Attendant and one (1) Seasonal Park Attendant were converted to Full-Time to accommodate this staff increase. • Addition of one (1) Maintenance Supervisor in the Public Works/Transportation Department. xi • Decrease of four (4) Aventura City of Excellence School employees as these employees will now be under Charter Schools USA ("CSUSA") as of the beginning of the school year, July 1, 2024. B. Employees covered under a Collective Bargaining Agreement with Dade County Police Benevolent Association ("Agreement") - General Information: • Covers Police Officers and Sergeants. o On October 1, 2022,the City entered into the 1st year of a new Agreement which will expire on September 30, 2025. o Effective October 1,2023,the actuarial determined percentage for City contributions related to the Police Officers' Retirement Plan will be 27.696%, increasing from 21.776%. • An increase of four (4) full-time positions as follows: o Decrease of one (1) Sergeant o Increase of five (5) Police Officers in the Police Department Number of Employees: 90 • 90 Full-time - five officers were added for FY 2024/25 to meet the needs of the department. Comparative Budgeted Personnel Allocation Summary 2 -Year Presentation FTE FTE 2023/24 2023/24 City Commission 7.0 7.0 Office of the City Manager 5.0 5.5 Legal* - - City Clerk's Office 2.5 3.5 Finance 7.0 7.0 Human Resources 1.5 2.0 Information Technology 5.0 6.0 Police 131.0 134.0 Community Development 3.4 3.4 Community Services 19.0 24.0 Public Works/Transportation 8.0 9.0 Building Fund 3.1 3.1 Arts&Cultural Center* - - Charter School ** 4.0 - Don Soffer Aventura H.S.*** N/A N/A Tota 1 196.5 204.5 xii Additional Information: • The part-time Park Attendant hourly rate has been increased from $14.50 to $15.50 in order to better attract candidates for these positions, as well as to grow the rate gradually towards the new minimum wage requirement of $15.00/hour by September 30, 2025. • A 5.00% increase for health insurance costs has been considered in the development of this document. A 9.20%increase has been budgeted for PPO dental insurance costs and a 9.00% increase for vision insurance costs has been included in the budget as those increases have come from the carriers. • The City's per capita number of employees is significantly lower than that of adjacent municipalities. This is due to the City's emphasis on privatizing major functions of City services for greater productivity and cost savings. I am proud to work with a dedicated group of City employees that strive to provide excellent services and are committed to our community. Over the years and especially throughout the pandemic, they have proven that our workforce can meet any challenge. The rest of this page has intentionally been left blank xiii General Fund (001) The General Fund is used to account for resources and expenditures that are available for the City's general operations of City government functions. Revenues The projected revenues in the FY 2024/25 General Fund Budget total $54,320,257. This is an increase of $6,376,158 or 13.30%over the prior year gross revenue.The changes in revenues are comprised of the following: General Fund Revenues by Source Ad Valorem Taxes 41.27% Locally Levied Taxes Transfers 1.12%_ Misc.Revenues) 2.96% Fines&Forfeitures Licenses&Permits 5.69% g 810/ \_ Intergovernmental Revenues Charges For Services 9.97% 10.52% Locally Levied Taxes - The City's assessed value as reported by the County Property Appraiser is $13,549,224,714. This amount is $1,043,189,472 or 8.34% higher than last year. The ad valorem millage levy for FY 2024/25 is recommended to be 1.7261,which is the same rate adopted last year and represents the 291h year without an increase. This will generate $22,217,951 as compared to last year's amount of $20,507,334. The budget projection for this category also includes $6,000,000, $1,500,000 and $30,000 in electric, water and gas utility taxes, respectively. Utility taxes for electric increased $550,000 over the FY 2023/24 amended budget based on current year actuals. In addition, $475,000 in premium taxes, $1,675,000 in unified communications tax and $1,000,000 in City business tax make up the xiv remainder of this category. All projections take into consideration historical data and various assumptions for the coming year. Licenses and Permits - The projected revenue for this category totals $4,785,000. This amount is $515,000 or 12.06% more than the prior year's amended budget primarily due to the anticipated increase in electric and solid waste franchise fees. Intergovernmental Revenues - The projected revenue for this category totals $5,413,176. This amount is $550,500 or 11.32% more than the prior year's amended budget as State Revenue Sharing and Half Cent Sales Tax have fully recovered from their COVID-19 lows and will continue to increase. Charges for Services - The projected revenue for this category totals $5,716,610. This amount is $1,442,189 or 33.74% more than the prior year's amended budget due to anticipated increases in programming activity as enrollment has rebounded from the negative COVID impact and continues to increase. In addition, there are increases anticipated in the Aventura Arts and Cultural Center Fees and Rentals. The School Resource Officer ("SRO") for ACES was added in as the City will be reimbursed in FY 2024/25 for both ACES and DSAHS. The costs of both Schools Resource Officers totals $370,515 and will be reimbursed back to the City through the referendum and FEFP funding the Schools receive. Additionally, the amount that Don Soffer Aventura High School (DSAHS) will reimburse the City for their estimated portion of the property insurance is included here, estimated at $200,000. The Police Services Agreement line item has increased to reflect an estimated five percent (5.00%) increase plus the addition of the agreement for police officers at the new Esplanade section of the mall. Fines and Forfeitures - The projected revenue for this category totals $3,089,990 and includes revenues derived from county court fines, code violation fines and the intersection safety camera program. This amount is $456,290 or 17.33% more than the prior year's amended budget primarily due to increased activity. Miscellaneous Revenues - The projected revenue for this category totals $1,609,500 as the City anticipates stable interest rates consistent with those the City is receiving this year, yet is still budgeting this line item conservatively. This category is $680,124 or 73.18% more than the prior year's amended budget. Transfers-The projected revenue for this category is $608,030 and represents the amount that is being transferred from the Building Fund to the General Fund for the costs and services that General Fund contributes to the Building Fund. This category increased $361,438 or 146.57% over the prior year's amended budget. xv Expenditures The projected expenditures in the FY 2024/25 General Fund Budget total $54,320,257 and are balanced with the projected revenues. The operating expenditures have increased by $3,434,457 or 8.03%as compared to the prior year's amended budget as outlined below. Operating Expenditures The Personal Services category is budgeted at $30,465,372 or 56.08% of the General Fund budget.This is an increase of$1,874,587 over the prior year and is explained in the Personal Services under all Funds above. The Contractual Services category is budgeted at $6,238,135 or 11.48% of the General Fund budget. This is an increase of $959,833 over the prior year and is due to increases in contractual costs. Legal fees have increased by $32,500, Police Department items including medical exams, traffic safety program and professional services increased a total amount of $75,000, Community Center instructors increased $225,000, Public Works/Transportation landscape/tree maintenance and transportation increased approximately $138,500 and the staffing and programming at the Aventura Arts and Cultural Center increased approximately $350,000. The Other Charges/Svcs category is budgeted at $7,277,835 or 13.40% of the General Fund budget. This is a decrease of $38,943 from the prior year and is due to the projected decrease in insurance premiums (not including workers'compensation) of approximately $330,000 due to the City switching vendors.This decrease is offset by an increase in repairs & maintenance to the Government Center and Buildings due to recommended repairs/improvements as a result of an assessment that was completed by Public Works. Vehicle maintenance in the Police Department increased approximately $90,000 due to the aging fleet and rising costs. In addition, anticipated increases in special events and increases in electric and water utilities are budgeted due to increased utility costs. Legal advertising has increased by $25,000 over the prior fiscal year. The Commodities category is budgeted at $906,700 or 1.67% of the total General Fund budget while the Other Operating Expenditures category is budgeted at$1,324,070 or 2.44% of the total General Fund budget. The main driver of the increase in the Other Operating Expenditures category is the Computer Subscription line item that was created for the new Accounting Principle, GASB 96, implementation which moved expenditures from the Other Charges/Svc category to the Other Operating Expenditures category. Some departments are still in the change process for this as well as experiencing increased costs for the subscriptions currently used by the City and acquiring new ones. Additionally, increased conferences and seminars and training was seen throughout some departments. xvi Capital Outlay General Fund capital outlay projects totaling $1,883,700 that address the City's capital, maintenance and infrastructure needs have been included in the first year of the City's Capital Improvement Program ("CIP") for 2024/25 -2028/29. Major General Fund capital outlay items include: $25,000 for security enhancements and$22,000 for the replacement of the SplashPad Pumps at Founders Park • $15,000 for security enhancements at Veterans Park • $88,000 for replacement of Police In-Car Video $45,000 for Patrol Rifles $583,000 for police vehicles and $220,000 for associated equipment $40,000 for replacement of an LCD projector & accessories at the Aventura Arts & Cultural Center ("AACC") $368,400 for computer equipment $70,000 for the Police Department Breakroom Remodel Upgrade • $80,000 for Government Center Improvements $150,000 for HVAC replacements at the CRC $25,000 for Bus Shelter Improvements Debt Service Totaling $77,945 or 0.14%, debt service accounts for the leases of vehicles per GASB 87. Transfer to Funds This expenditure category totals $3,157,530 and includes: a transfer from the intersection safety camera program of$300,000 to ACES,a transfer of $808,552 to ACES to balance the budget for FY 2024/25 and transfers to the debt service funds for principal and interest payments associated with our bank qualified loans totaling $2,048,978. The rest of this page has intentionally been left blank xvi i General Fund Expenditure Category Summary Increase Category 2023/24 2024/25 (Decrease) %Change Personal Services $ 28,590,785 $ 30,465,372 $ 1,874,587 6.56% Contractual Services 5,278,302 6,238,135 959,833 18.18% Other Charges/Svcs 7,316,778 7,277,835 (38,943) -0.53% Commodities 811,850 906,700 94,850 11.68% Other Operating Expenditures 779,940 1,324,070 544,130 69.77% Subtotal $ 42,777,655 $ 46,212,112 $ 3,434,457 8.03% Capital Outlay 2,400,939 4,872,670 2,471,731 102.95% Debt Service 9,312 77,945 68,633 737.04% Grants &Aides 140,000 - (140,000) -100.00% Transfer to Funds 3,132,677 3,157,530 24,853 0.79% Total $ 48,460,583 $ 54,320,257 $ 5,859,674 12.09% Summary of General Fund Department Expenditures by Percentage City Commission 0.86% Office of the City Manager Grants&Aides Transfers 2.93% 5.81%^ 0Legal \ \ .92% _ City Clerk's Office 0.00% Debt Service 0.14% 1.OG96 Finance 2.26% Capital Outlay Human Resources 8.97% 0.77% Information Technology 2.30% Non-Departmental 5.28% Arts&Cultural Center 2.90% Public Work ans. 6.31% / Police 48.02% Community Services 10.34% Community Development 1.13% XVIII General Fund Summary of Expenditures by Department Increase Category 2023/24 2024/25 (Decrease) %Change General Government City Commission $ 301,841 $ 468,287 $ 166,446 55.14% Office of the City Manager 1,492,954 1,591,242 98,288 6.58% Legal 467,500 500,000 32,500 6.95% City Clerk's Office 458,483 577,960 119,477 26.06% Finance 1,191,199 1,225,102 33,903 2.85% Human Resources 300,105 419,047 118,942 39.63% Information Technology 1,287,148 1,250,539 (36,609) -2.84% Total General Government $ 5,499,230 $ 6,032,177 $ 532,947 9.69% Public Safety Police 24,708,406 26,078,344 1,369,938 5.54% Comm unity Development 612,592 612,424 (168) -0.03% Total Public Safety $ 25,320,998 $ 26,690,768 $ 1,369,770 5.41% Community Services Com m unity Services 4,153,131 5,619,334 1,466,203 35.30% Public Works/Transportation 3,580,681 3,429,113 (151,568) -4.23% Arts &Cultural Center 1,241,517 1,573,910 332,393 26.77% Total Community Services $ 8,975,329 $ 10,622,357 $ 1,647,028 18.35% • Non-Departmental Non-Departmental 2,982,098 2,866,810 (115,288) -3.87% Capital Outlay 2,400,939 4,872,670 2,471,731 102.95% Debt Service 9,312 77,945 68,633 737.04% Grants &Aides 140,000 - (140,000) -100.00% Transfer to Funds 3,132,677 3,157,530 24,853 0.79% Total Other Non-Departmental $ 8,665,026 $ 10,974,955 $ 2,309,929 26.66% Total $ 48,460,583 $ 54,320,257 $ 5,859,674 12.09% American Rescue Plan Act ("ARPA") Fund (101) A total of $2,920,500 is estimated to be used to fund the estimated expenditures in FY 2024/25. Police Education Fund (110) A total of $4,000 is anticipated in revenue for FY 2024/25. The amount budgeted for expenditures will be used for various state-approved training programs throughout the year. xix Transportation and Street Maintenance Fund (120) Revenues are projected to be $997,000 for FY 2024/25. The funds will be used to allocate for road resurfacing projects to be completed in future years, relocate electrical service for CCTV cameras on 203,d Street & Biscayne Blvd., installation of two (2) CCTV Cameras along Country Club Dr and the purchase of ten (10) street lights for right-of-ways. Operating expenditures for roadway and TVMS maintenance are also included in this fund. Citizens'Independent Transportation Trust(CITT) Fund (121) The County Transit System Surtax is estimated to generate $2,400,000 and the Citywide Bicycle Sharing is estimated to generate $30,000 for a total revenue budget of $2,430,000. The funds will be used to replace bicycles utilized by our Bicycle Sharing Program and allocated for use on future capital projects.Operating expenditures for the citywide bicycle sharing program, the enhanced portion of the transit services and a portion of the on- demand service are included in this funds operating expenditures. Building Fund (164) Revenues are projected to be $5,270,000 for FY 2024/25 which will be used to pay the operating and capital costs associated with the Building Fund. 911 Fund (180) The anticipated revenues for FY 2024/25 total $79,000. These funds will be used to pay costs associated with the 911 system. Debt Service Funds The total budget for all Debt Service Funds is $2,451,127. Debt Service Fund Series 2010 & 2011 (230) - The proposed budget for FY 2024/25 is $1,192,936. Debt Service Fund Series 2012 (A) (250) - The proposed budget for FY 2024/25 is $360,082. Debt Service Fund Series 2012 (8) (290) - The proposed budget for FY 2024/25 is $402,149. Debt Service Fund Series 2018 (291) - The proposed budget for FY 2024/25 is $495,960. Capital Projects Fund (392) Carryover amounts from prior year Police Impact Fees resulting from recent development will be utilized for the replacement of Police Department equipment and is included at a cost of $28,100. xx Stormwater Utility Fund (410) Total revenues are projected to be $1,883,000 for FY 2024/25 and will be utilized to support operating costs of$1,047,500 and future drainage system improvements totaling $835,500 which are being budgeted into the Capital Reserves line item.The City's Stormwater Utility Fee is $3.50/ERU but will continue to be monitored to see if any adjustments may be necessary in order to sustain the fund's projected future operating and capital expenditures. Capital Improvement Plan Project Summary The proposed FY 2024/25 - 2028/29 CIP includes 47 projects in six (6) functional categories with a total value of $22,708,121 which will be detailed in the following pages. Major emphasis was placed on the following projects: • Beautification and Park Facility Improvement Projects ($2,579,100) • Stormwater Drainage Improvements ($3,100,000) • Government Center Improvements ($382,000) • Air Conditioning Unit Replacements ($530,500) • Road Resurfacing ($3,143,530) • Transportation System Improvements ($1,035,700) Prior Year Accomplishments and Projects in Process One of the City's main priorities is to maintain its infrastructure to a high standard. As a result, the City completed the following major capital improvements during FY 2022/23: • Waterways Park field enhancement • Founders Park North field lights upgrade • Installation of misting stations at Waterways,Veterans and Peace Park • County Club Drive roadway curbing/drainage improvements • Don Soffer Aventura High School ("DSAHS") cafeteria improvements • DSAHS digital signage and monument • Roof replacement at the Community Recreation Center ("CRC") • Replacement of air conditioning units at Aventura City of Excellence School ("ACES") and the CRC In addition, the following major capital improvements were in process at the end of FY 2022/23: • Founders Park North field enhancement • Founders Park South pickle and tennis ball courts • Waterways Dog Park ADA restroom • Yacht Club Drive Pocket Park xxi • NE 341h Avenue drainage improvements, milling and paving • AACC exterior sealing Five-Year Highlights The following information represents the highlights of the projects over the next five years: Beautification and Park Facility Improvement Projects (BP) • Maintenance and enhancement of park facilities: o Founders Park - $1,703,000 o Peace Park - $142,000 o Veterans Park - $226,000 o Waterways Dog Park - $103,500 o Waterways Park - $126,000 Capital Equipment Purchase and Replacement Projects (CE) • Provides the necessary equipment to continue to provide high quality and effective police services. • Ensures that the tools of production, vehicles and equipment are available for City operations. • Equip the Community Services Department and the AACC with adequate equipment to provide the level and quality of services and operations they currently provide. Drainage Improvement Projects (DI) • Stormwater Drainage Improvements o $3,100,000 for the replacement of infrastructure on Country Club Dr. Information Technology Improvement Projects (IT) • Continues the implementation of technology improvements and management information systems to enhance the productivity and efficiency of City operations. • Provides the necessary funding for computers, laptops, servers and network infrastructure at the Don Soffer Aventura High School ("DSAHS") and Aventura City of Excellence School ("ACES"). Public Building and Facility Improvement Projects (PBF) • Police Department Improvements - totaling $70,000 for the breakroom remodel upgrade. • Community Recreation Center Improvements - totaling $372,000 primarily to: • Add/Renovate Closets ($95,000) • Replace Audio Equipment ($52,000) xxi i • Replace Furniture ($90,000) • Restroom Renovations ($80,000) • Government Center Improvements - totaling $382,000 primarily to: • Provide 2nd Floor Access to Chamber Roof ($20,000) • Gym Shower &Changing Room Replacement ($60,000) • Replace carpeting at the Government Center ($78,000) • Replace/Upgrade lighting ($104,000) at the Government Center; and to • Upgrade bathrooms at the Government Center ($120,000); • HVAC Replacements at the Community Recreation Center (CRC) and at ACES - totaling $320,500 and $210,000, respectively. • Aventura Arts & Cultural Center Improvements - totaling $90,000 primarily consisting of carpet replacement, exterior and interior painting as well as exterior lighting replacement. Transportation Improvement Projects (TI) • Bike Share Station Program - totaling $42,500 to replace bicycles. • Circulator System Improvements - totaling $25,000 for bus shelter improvements. • Road Resurfacing_projects - totaling $3,143,530 to resurface asphalt and enhance safety on Country Club Dr and NE 30th Ave from 203,d to 210th Street. • Transportation System Improvements - totaling $1,035,700 to provide electrical service relocation for CCTV Cameras on 203,d Street &Biscayne Blvd.,two (2) CCTV Cameras on Country Club Dr., the purchase of street lights for Biscayne Blvd. and Right-of-Ways as well as new crosswalk solar lighting locations. American Rescue Plan Act ('ARPA) Projects • Information Technology Upgrades, Software, Connectivity, Cameras and Fire Suppression ($2,014,800). • Community Services Park Access Control Systems and Employee Workspaces in the CRC ($160,000). • Public Works/Transportation Drainage Improvements and Police Department Hardening & Reconstruction ($2,750,000). Summary I am proud of the many accomplishments and the support that the City Commission and residents have shown in the implementation of the capital projects since the City's incorporation. Our beautification projects, park and open space additions, Government Center, Community Recreation Center, K-8 Charter School, Don Soffer Aventura High School, Arts & Cultural Center, transportation improvements and many other community enhancements continue to exhibit our commitment to excellence and professionalism. This document serves many purposes.It most importantly serves as an aid to the residents xxiii in providing a better understanding of the City's long-term capital needs and how the City intends to meet those demands. It also details our continuing effort to address the needs and concerns of our citizens while making prudent financial decisions,which contribute to the City's long-term financial health. I am pleased to submit to you this FY 2024/25 budget document which has been updated from the July 18,2024 Commission Meeting.Its preparation and formulation could not have been accomplished without the dedicated assistance and efforts of all Department Directors, the Finance Director and the Budget Manager. I am also extremely grateful to the City Commission for their continued support in assuring that this City remains the City of Excellence. Respectfully submitted, h/ Ronald J. sson City Manager xxiv CITY OF AVENTURA Organization Ch■ TL 3 9r i'1.ORt Residents City Commission City Attorney City Manager City Clerk Administrativn Budget fCIP Prepvrcrtion Minu[es Legal serviC83 Custvnrer SerNce Records Retenr�on Orgonrzvtivnvl OversigM1t C lericvl Support CvmnMy�pitivns ElecrTons Finance Human Resources Information Technology Department Deportment Deportment Police Deportment RnMCe fAocvunting Personnel Pdi� lnfvrmativn My nvgemerd Patrol Purchasing Risk ManvgemenL Carnmuni[y Relations Criminal Investigvtions Traffic Enforcement Emergency Prepvredness Community Community Arts&Cultural Charter be�elopment 5er�ices Public Works Center Schooxxv bepartment Department Transportation bepartment ❑epartment ❑epartment Planning Parts Row�nnedian nnairnenance K-8 schod• Inning spBCial Events Mass Transit Don suffer Aventura Building Inspections RBCredtion Programming Community FCCifiti9s MointenanCB Facility nnanagement High SChao!• Cade Enforcement AthfetiC Leagues Capita!PrajBCts PBrfOrming Arts Programming ECanOfT11C Development Community RBCreation CBntsr stormwater Drainage Maintenance 'fn^o9emem prwme Occupational Licenses Community Gorden Flcodplain ManagBrnent csusn City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank xxvi GOVERNMENT FINANCE OFFICERS ASSOCIATION Distingiashed rdg t Presentation Avvari PRESE Nn D TO City of r�- ventura 5 Florida For the Fix a]Year Beainnin- October 01, 24?3 7jrAn � Emculive Director Distinguished Budget Presentation Award Government Finance Officers Association of the United States and Canada (GFOA) presented a Distinguished Budget Presentation Award to City of Aventura, Florida, for its Annual Budget for the fiscal year beginning October 1, 2023. In order to receive this award, a governmental unit must publish a budget document that meets program criteria as a policy document, as a financial plan, as an operations guide, and as a communications device. This award is valid for a period of one year only. We believe our current budget continues to conform to program requirements, and we are submitting it to GFOA to determine its eligibility for another award. xxvi i City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank xxvi i i City of Aventura Operating and Capital Budget Fiscal Year 2024/25 Introduction 35 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 36 City of Aventura's Mission Statement Our mission is to join with our community to make Aventura a city of the highest quality and a city of excellence. We do this by providing RESPONSIVE, COST EFFECTIVE AND INNOVATIVE local government services. Community Profile Location and Size The City of Aventura, (the "City") one of Miami-Dade's newest communities, was incorporated on November 7, 1995 and is a young, vibrant, full-service municipality. The West Palm City has a diverse demographic base and is Beach recognized internationally as a premier location in which to live, shop and play. Fart Lauderdale Aventura The City has a land area of 3.2 square miles and is home to 40,2471 residents per the State hiami estimate. It is located on the Intracoastal n Waterway in northeast Miami-Dade County 0 mile west of the Atlantic Ocean) and is conveniently located between Miami (12 miles x north) and Fort Lauderdale (12 miles south), just east of I-95. Aventura , FL The northern boundary of the City is the Miami-Dade/Broward County line, the western is the Florida East Coast ("FEC") Railroad, the eastern is the Intracoastal Waterway and the southern boundary is NE 1761h Street. Aventura is an upscale condo community with some of South Florida's best-known large-scale condominium projects and apartment buildings. Restaurants, movie theaters and the Aventura Mall are conveniently located nearby and downtown Fort Lauderdale and Miami are just 20 minutes away. 'University of Florida,Bureau of Economic and Business Research.Population is an estimate as of April 1,2023 Map courtesy of https://www.bestplaces.net/images/city/1202681_fl_aventura.png 37 11hThe Cl*ty of A FACTS 5 STATS aft Ji Irtku Current Full-time � Employees Current.Police Force Zip Codes Ethnic Distribution `- 182 92 Sworn,Officers 33180, 33160 White (Non-Hispanic): 46.8% �31 Civilians African American: 1.9/ Hispanic: 44 6% Other: 6.7% Current Part-time Employees 0 �� • 12 �� on w Age Distribution - `9s Under 5: 4.5/ FLO Under 18: 18.2% Major Economic 19-64: 49.0% Drivers 65+-28.3/ I etail and Medical Jt ;s 0 uuuu � = n, U Number of Unemployment Average Average Businessess Rate Family Size Household Size 2 2,378 7.6/ Z87 Z14 'U.S.Census Bureau,QuickFacts Aventura City,Florida�as of July 1,2023 38 'U.S.Census Bureau,Profile:Aventura,Florida 'City of Aventura FY 2022/23 Annual Comprehensive Financial Report H I N PAN Y: ' ���� ���r���r�� � �zp � �� . . . . ���r����� �a�E OUS G OCCU C (amounts in thousands) Fiscal Year 2023124 Total Housing Units3:26,469 TAXPAYER TYPE OF USE TAXABLE RANK ASSESSED VALUE Aventura Mail Shopping Center s 759,554,955 1 Venture Owner Occupied Housing Units2:66.1% Miami Beach Hospital&Health 181,748,786 2 Healthcare Group Ltd Care Facility Turnberry Isle Golf Renter Occupied Housing Units2:33.9% Co Hotel °446 Aventura Opportunity offices&Retail 88,000,000 4 Owner LLC Vacant Housing Units3:7,608 Florida Power Electrical Utility ° &Light Co. Company Source:Miami-Dade County-Office of the Property Appraiser Pub • • S Locate ,�orat • Public Parks: 7 Aventura Arts and Cultural"Center.: Arthur L. Snyder Memorial Park City Charter Schools: 2 Founders Park Aventura City of Excellence School (K-8) Founders Park South Don Soffer Aventura High School - Founders Park Splashpad Peace Park Public Recreation Centers: 1 Public Tennis Courts: 6 Veterans Park Waterways Park Public Libraries': 1 Fire Stations: 2 Waterways Dog Park Public Schools: None Police Stations: 1 Public Pickleball Courts: 5 Open Space & Public Park Land: 32 Acres �yx_ pF AVM INN i �l�eR 9y,1 �1 4 ✓ i �� �� i ' �,V f. ir' ..:>- l,-ice � ii Ij , �ioH () 1 5 f, y rt� 2U.S.Census Bureau,QuickFacts Aventura City,Florida as of July 1,2023 'U.S.Census Bureau,Profile:Aventura,Florida t i,.•, 39 'Operated by Miami-Dade County r Existing Facilities Open Space and Public Park Land Arthur i Snyder Memorial Park This 3.5-acre site was purchased in 1998 and was one (1) of the City's last remaining waterfront undeveloped parcels. This park contains the Community Recreation Center as well as open passive and sitting areas. Aventura Founders Park This 11-acre site located on W. Country Club Drive and NE 190th Street was opened in November 1998 and includes both active and passive recreational opportunities. The park encompasses the following components: splash pad, jogging path, tennis courts, gated entries, one (1) ball field with dugouts and backstops, restroom buildings, decorative fencing, playground, picnic area, passive play areas, baywalk, landscaping, two (2) parking lots, multi-purpose plaza areas, signage, benches and security lighting. Don Soffer Exercise/Walking Path This site contains 5.5 acres that are classified as open space recreation area and is used by residents for both recreational and exercise purposes. Peace Park This 1.5-acre site was dedicated to the City in 2013 and was opened in 2016. Facilities and amenities include a children's playground, adult exercise equipment, an open playfield area, playground facilities,walkways and landscaping with shade trees. Veterans Park This 2-acre site was acquired by the City from a private developer in 2001 and is located on NE 31St Avenue. Facilities and amenities include a parking lot, 1.5-acre open playfield area, playground facilities, restroom facilities and landscaping with shade trees. This park was modified in 2008 by removing the dog play area,expanding the children's play area and adding a restroom facility. Waterways Dog Park This 1.5-acre site was acquired by the City in 1998 from the private developer who constructed it and was converted to a dog park in 2008. Waterways Park The 7-acre site was purchased in 2006 and was opened in 2008. Facilities and amenities include a multipurpose sports field, playground, basketball court, fitness trail, parking and restroom facilities. 40 Park Facilities/Open Space Recreation Recreation/Open Space Inventory Applicable Type Facility Acres Acres Public Recreation Areas(100%) Community Park Arthur I Snyder Memorial Park 3.50 3.50 Neighborhood Park Aventura Founders Park 11.00 11.00 Community Park Don Soffer Exercise/Walking path 5.50 5.50 Neighborhood Park Peace Park 1.50 1.50 Neighborhood Park Veterans Park 2.00 2.00 Neighborhood Park Waterways Dog Park 1.50 1.50 Neighborhood Park Waterways Park 7.00 7.00 Subtotal 32.00 32.00 Private Recreation Areas Private Recreation Areas Private Recreation Sites(50%) 63.61 31.81 Private Recreation Areas Marina Complexes(25%) 9.40 2.35 Private Recreation Areas Golf Courses(25%) 203.17 50.79 Subtotal 276.18 84.95 Total 308.18 116.95 The City's estimated current population is 40,2471 above. The City's Comprehensive Plan recommended standard is 2.75 acres of park and recreation land for every 1,000 potential residents. The amount of park and recreation land required by the park standards for this population is 111 acres. In calculating the number of recreational acres, the City has available for use by its residents, public and private marinas and golf courses are accounted for at a different degree depending on their accessibility to the City's residents. Assuming that public facilities can be accounted for at 100%, private recreational facilities at 50% and marinas and the golf course at 25%, the City's existing and proposed recreation areas total 117. Therefore, no deficiency exists under the City's standards. The following table contains an inventory of existing and proposed recreational and open space areas. The City owns 32 park/open space acres. The rest of this page has intentionally been left blank 41 Public Roads The below schedule represents the current public roads under the jurisdiction of the City. Avenue(s) Boulevard Court Drive(s) Place(s) Street(s) Terrace(s) Way NE 27"' Aventura-(NE 1991h St.) NE 27t' East Country Club NE 28"' NE 183" NE 208t' Turnberry NE 28"' NE 28t' North Country Club NE 29"' NE 185t' NE 214t' Yacht Club NE29"' West Country Club NE 187t' NE 30"' Yacht Club NE 188t' NE 31s' NE 190"' NE 34"' NE 191s' NE 192nd NE 193rd NE 199t'(Aventura Blvd.) NE 203rd NE 205"' NE 206"' NE 207t' NE 208t' NE 209t' NE 211t' NE 213t' NE 214t' Government Structure The form of government used in the City of Aventura, pursuant to its Charter, is a Commission- Manager form of government. Under this form of government, the City Commission is the legislative branch of the government and the City Manager is the executive branch of the government. The City Commission enacts Ordinances, the laws of the City, adopts Resolutions authorizing actions on behalf of the City, reviews plans for development and establishes the policies by which the City is governed. The City Manager is the Chief Executive Officer of the City, overseeing the day-to-day operations, administering the City's service providers, preparing long range plans and implementing the policies established by the City Commission. The City Commission hires the City Attorney, City Clerk and the City Manager who then hires all subordinate employees. The City Commission is comprised of seven (7) members, including the Mayor and six (6) Commissioners. The Mayor is the ceremonial leader of the City, the presiding officer at Commission Meetings and is a voting member of the Commission, with his/her vote having no more or less weight than that of any other member of the Commission. While the leading political figure of the City, the Mayor does not bear the responsibility nor has the authority of directing the day-to-day 42 municipal activities. The Mayor executes all Ordinances, Resolutions and issues Proclamations on behalf of the City, and represents the City to other public and private entities. The position of Mayor is considered to be "part-time" and not an employee of the City. The Mayor is elected at large to a four-year term and may reside in any area of the City. City Commissioners each have the same authority and ability to bring, discuss and vote on matters before the Commission. The position of Commissioner is considered to be "part-time" and not an employee of the City. For election purposes, the City is divided by the William Lehman Causeway into two (2) areas. The City Charter requires that two (2) Commissioners reside in the northern area, two (2) Commissioners reside in the southern area and two (2) Commissioners and the Mayor shall be elected without regard to residence in any particular area. The City Commission is committed to providing quality municipal services at the lowest possible cost. The City's operating departments include the City Commission, Office of the City Manager, Legal, City Clerk's Office, Finance, Information Technology, Police, Community Development, Community Services, Public Works/Transportation, Arts & Cultural Center, Non- Departmental, Charter School and the Don Soffer Aventura High School. Always progressing... Since the City's incorporation, millions of dollars have been spent on infrastructure improvements including streets, sidewalks, lighting, park development, beautification projects, drainage, pedestrian and safety improvements. Some of these improvements include: • A state-of-the-art Government Center provides a one-stop-shop for its residents and houses all governmental operations, including Commission Chambers, Police Station and administrative offices. • A Community Recreation Center situated on 2.8 acres of land in a park like setting on the waterfront. This 25,000 square foot facility includes a gym, meeting rooms, computer lab, exercise and aerobic facilities. • The first municipal-run charter school in Miami-Dade County. In order to address the growing number of families with school age children, the City Commission chose to take an aggressive approach to meet its changing demographics. Doors opened to the Aventura City of Excellence School in the fall of 2003 which is adjacent to the Community Recreation Center. The 84,000 square foot state-of-the-art school serves 1,032 Aventura schoolchildren from kindergarten to 8th grade. • In 2010, the City's Arts & Cultural Center opened and has provided numerous performing arts and cultural events for all age groups in the community. • Four (4) years ago, the City completed construction of the Don Soffer Aventura High School which opened in August 2019. In August 2023, it is anticipated that 800 9th through 12th grade students will attend the School. 43 Privatized/Contracted City Services The City has adopted a model of privatizing many service areas of its operations over the years. This model has served us well by providing for a more cost-effective service delivery system, as compared to the traditional government structure. We are firm in our knowledge that we must continue to remain prudent and conservative in our financial management of the City while at the same time maintain the high standard of providing services to the community. The following are services that are privatized/contracted in the City of Aventura: • City Attorney and Legal Services • Building Plans Review and Inspections • Planning Services • Engineering Services • Traffic Engineering Services • Recreation Programming, Sports and Special Events • Road, ROW, Building, Park and Median Maintenance • Solid Waste • Shuttle Bus Service • On-Demand Transportation Services • Bicycle Sharing Program • Management of the Aventura Arts &Cultural Center • ACES Charter School Teachers and After School Programs • ACES Charter School Transportation and Food Services • Management of the Don Soffer Aventura High School Incorporation Accomplishments • Highly Visible Police Department, Low Crime Rate • Strong and Growing Economic Base • Lowest Tax Rate - No Increase for the Past 28 Budgets • New Parks and Recreational Opportunities for All Age Groups • Citywide Shuttle Bus Service - Ridership Continues to Expand • Road and Safety Improvements - Traffic Lights, Sidewalks • New Land Development Regulations - Control Over Zoning • Citywide Beautification Program - Bus Shelters and Benches • High Landscape and Roadway Maintenance Standards • Reduced Costs to Citizens - City's Assumption of roads, landscaping and bus service • "A" rated Charter School • Community Recreation Center • Government Center • Arts &Cultural Center • The opening of the Don Soffer Aventura High School in August 2019 44 • The offering of On-Demand Transportation Services Budget Procedures and Process A Budget Defined A budget is a plan. It is the estimated expenditures/expenses for the given year and shows how the expenditures/expenses will be financed. By Florida Statute, the adopted budget must be balanced, i.e. revenues must equal expenditures/expenses. A budget serves users in four (4) main ways, as a communication device, financial plan, operations guide and a policy document. Communications Device The budget is a communications device internally within the City of Aventura between the different Departments, the Finance Department and the City Manager. Externally, the budget communicates with the different stakeholders of the City, i.e. the citizens,vendors, creditors, etc. Transparency is provided by the budget as the budget shows actual and anticipated amounts that have been received and spent through the years. Additionally, the budget justifications detail what the budgeted amounts pertain to, outlining what the funds are to be spent on. Throughout the budget, beginning with the City Manager's Budget Message, highlights of the City, the Budget, the fiscal year to come and specific points are highlighted. Charts, graphs and pictures are used throughout to engage the readers. Financial Plan The budget, guided by accounting principles shows the anticipated revenues and expenditures/expenses for the upcoming year. Additionally,with the other amounts shown on the document,the actuals for the prior two (2) fiscal years and the amended budget for the current fiscal year, trends can be seen as well has short comings,which allows for changes where needed in the next fiscal year's budget. It is imperative to monitor the budget throughout the fiscal year as well so items that are not on track with the plan can be analyzed. Operations Guide The budget is an operations guide as it plans for the positions that the City will fund each year as shown in the organizational charts of each department, position counts and line item justifications. Each fund and department within the City are explained,thus outlining the functions, responsibilities, goals, objectives and performance measures. Policy Document The budget is legally adopted each year by the City Commission at the 2nd budget hearing in September. It is expected to be followed as a guide to ensure responsible spending and financial decision making. As well, as a policy,the budget allows for the City's operations to run smoothly as the basic plan (guide) for the year, foregoing any unforeseen items and 45 circumstances, is complete. Direction and expectations are accounted for in the budget for both the short-term,the coming fiscal year, as well as the long-term. In the following section, the budget procedures and process for the City of Aventura are outlined. Under the Financial Policies section toward the end of the document, all of the Cities financial policies are outlined. Budget System The City of Aventura uses the Budgeting by Objectives Process in the formulation of its budget. Departmental Budgets include a Recap page that contains the Department Description and Personnel Allocation Summary and Organization Chart. Each department also includes an Objectives page and a Budgetary Account Summary. The Objectives page presents a review of the department objectives and performance/workload indicators. The Budgetary Account Summary provides expenditure detail and a comparison of current and previous year's expenditures. The Budgetary Process is intended to be very valuable in communicating with the City Commission and the City's residents. City Operating Budget Development The City's fiscal year begins on October 1st and ends on September 30th of each year as mandated by Florida statutes. When the certified taxable real estate and tangible property values for the City is received from the Miami-Dade County Property Appraiser on July 1st of each year, the City Manager then submits to the City Commission the Proposed Operating and Capital Budget for the coming year no later than July 15th of each fiscal year. The preliminary millage rate is based on the certified taxable value. The appropriations contained in the proposed recommendation shall not exceed the funds derived from taxation and other revenue sources. The City's Budget process begins in April with a staff meeting between the City Manager and Department Directors to review budget philosophy and develop overall goals and objectives. Anticipating the rest of the current fiscal year and looking at the upcoming fiscal year, Directors review the needs of their respective departments based on the community at large. Complaints, recommendations and ideas the citizens and public had are taken into consideration in their budget preparation and in the discussions with the City Manager. The statistics and demographics of Aventura are used, for example as well, to assist with the programming and staffing levels in the Community Services Department. The Finance Department prepares the budgets for the Departments to enter the upcoming fiscal year amounts into. In the month of April, Department Directors update their respective budgets for the upcoming fiscal year as well as for submission to the Finance Department for review. They submit the revenues pertinent to their department and the expenditures/expenses. During this time period, the revenue estimates are prepared by the Finance Department. The preparation of the revenue estimates is done based on trend analysis and looking at the past 46 year(s) and the current year to anticipate the coming year. Agencies are reached out to for estimates if available at the time, i.e. FPL, Miami-Dade County and the State of Florida. In May, the budgets for the City are given to the City Manager and meetings are conducted between the City Manager, the Finance Department and the Departments. During that process, Departments can explain their requested budgeted numbers and additions and/or deletions to those requests are done by the Finance Department. The budgets are balanced, as budgets must be in Florida based on Florida Statute 200.065, by the Finance Department and printed and distributed throughout the City for the City staff and Commission for the budget workshop in July. During the Commission workshop in July, the Commissioners hear from the City Manager and ask pertinent questions, make comments and suggestions and relay information they have heard from their constituents that may require the budget presented to be modified. Any changes the Commission makes at the workshop are entered into the budget thereafter and balanced. An updated budget is prepared ahead of the September hearings. After the first hearing in September, the budget ad along with the notice of tax increase ad is prepared by the Finance Department for publication in the newspaper before the second hearing in accordance with State of Florida TRIM guidelines. Once the second hearing takes place and the millage and budget are adopted, the budget award is submitted to the Government Finance Officers Association (GFOA) for review. The entire budget process encompasses approximately five (5) months of the fiscal year. During this period, meetings were held with Department Directors, the City Commission and the public to insure representative input. The budget calendar that follows details the actions taken during the budget process. Adoption The budget is approved via Ordinance at two (2) public meetings scheduled for September conducted by the City Commission. The adopted budget is integrated into the accounting software system effective October 1st Capital Budget Preparation The most important year of the schedule of projects is the first year. It is called the Capital Budget and is adopted separately from the five-year program as part of the annual budget review process. Based on the CIP, each department's capital outlay portion will be formulated for that particular year. Each year the CIP will be revised and another year will be added to complete the cycle. The CIP preparation thus becomes a continuing part of the City's budget and management process. 47 The Capital Budget is distinct from the Operating Budget. The Capital Budget authorizes capital expenditures, while the Operating Budget authorizes the expenditure of funds for employee salaries, supplies and materials. Development The City's capital programming process began in January when operating departments were required to prepare requests for all proposed capital projects anticipated during the period of 2024/25 - 2028/29. A CIP Preparation Manual and related forms were distributed to all departments for this purpose. In February, departmental prioritized project requests were submitted to the City Manager's Office for a comprehensive review. Department Directors were asked to justify projects in terms of benefits derived, necessity to health, safety and welfare of the City, enhancement to City plans and policies, the needs of the residents and funding. Projects were prioritized on the basis of Urgency, Necessity, Desirability and Deferability. The City Manager reviewed departmental requests and the City Manager, the Finance Director and the Budget Manager conducted individual meetings with the Department Directors. The departmental requests were prioritized by the City Manager and the five-year schedule of projects was compiled into document form by the Finance Director and Budget Manager. The methods of financing and revenue sources were then prepared by the Finance Director, Budget Manager and City Manager and were incorporated into the CIP document. At this point, the proposed CIP is submitted in conjunction with the City's Operating Budget to the City Commission and the public for their review at a workshop and a public hearing. Adoption In order to facilitate public involvement, the Capital budget will be part of the City Operating Budget workshop. The Capital budget is approved via Ordinance in conjunction with the City's Operating Budget at two (2) public meetings scheduled for September conducted by the City Commission. The adopted budget is integrated into the accounting software system effective October 1st The rest of this page has intentionally been left blank 48 Budget Calendar Date Responsibility • • • January 8 Budget Manager CIP Preparation Manual and Request Forms are distributed to all Department Directors via email. February 9 All Department Directors Completed CIP request packages are submitted to the City Manager, Budget Manager and Finance Director. February 20-March 15 City Manager Review of departmental requests and conduct individual departmental CIP meetings. Departmental requests are prioritized. March 29 City Manager Distribute prior year Objectives and All Department Directors Performance Workload Indicators to be updated in accordance with City's philosophy. Electronic spreadsheets are delivered to Department Directors with updated budget preparation directives. April 1 to April 26 All Department Directors Completed operating budget estimates City Manager are submitted to the City Manager. Finance Department Revenue estimates are prepared. April 15-May 24 City Manager Five-year schedule of CIP projects are Budget Manager prepared and financing method is Finance Director determined. Five-year revenue and expenditure forecasts are prepared. April 29 to May 24 Finance Department Completion of non-General Fund City Manager budgets to include totals of all revenues and expenditures submitted to City Manager. May 28 to July 9 City Manager Conducts departmental budget review Budget Manager meetings, balances budget and prints Finance Director budget document. July 9 City Manager City Manager's recommended budget document and message are submitted to City Commission. July 18 City Commission Budget Review Meeting, adopt tentative City Manager ad valorem rate to transmit to County for notification purposes. September 3* City Commission First reading on budget and ad valorem tax rate ordinances. September 10* City Commission Second reading on budget and ad valorem tax rate ordinance and Public Hearing. 49 Budget Calendar Continued Date Responsibility September 11 Finance Director Documents transmitted to Property Appraiser and State. October 1 All Departments New budget becomes effective. *Dates are subject to change based on School Board, Miami-Dade County Commission meeting dates. 50 Budget Document Reader Guide The City of Aventura's Budget Document is structured into different sections with additional information provided other than budgeted numbers. 1) The Introduction section provides historical and demographical information about the City as well has the budget procedures and policies. 2) The Budget in Brief section highlights the budget in a summation with totals and key factors. 3) The Comparative Personnel Summary displays the additions and subtractions to each department's budgeted positions within the City over the years. 4) The Summary of All Funds displays information for all the revenues and expenditures/expenses of the City over a time period. Additionally, this section breaks out the fund balance estimation for each fund for the past year which was audited, the current fiscal year and the following fiscal year,the year being budgeted. 5) The General Fund Section shows the revenues and then details each department of the City. If the fund/department contains budgeted positions, an organization chart for that department is displayed under the fund/department. Each fund's/department's page states the description of the fund/department and shows the trends over the years presented in chart form as well as summation. Each department page also shows the personnel allocation over the years and contains objectives and workloads. For each revenue and expenditure/expense line item budgeted, a justification is provided allowing readers to see what is included in the amount being budgeted. 6) Following the General Fund are the other Funds of the City which details the same information as described in #5. 7) The Short-term and Long-term Goals, Objectives & Financial Plans for the City are then outlined and discussed. 8) Financial Policies of the City are then detailed. 9) Following the Financial Policies are the Appendices. The Appendices detail the Capital Improvement Program, the Comprehensive Schedule of Fees, Authorized Investment Summary Table and the Glossary of Acronyms and Terms. To read and understand the pages with the budgeted numbers, follow the below guide. Financial information is shown for the two (2) prior fiscal years that have ended and been audited, the current fiscal years amended budget, the current years actuals for the first half of the year and the City Managers Proposed budget for the next fiscal year. The adopted budget includes the Commission Approved budget for the following fiscal year which replaces the City Managers Proposed budget column. 51 Revenues r- Fund - There are a total Fund of 18 funds that are General budgeted through formal AmericanRescue ' • adoption or budget '• amendments. 13 Funds Transportation & Street Maintenance Fund (120) are budgeted this fiscal Independent Transportation year within the City of Building . • . :0 Aventura. Debt Service Series Funds • Capital Projects . • SchoolAventura Charter High . . . • Stormwater Law Enforcement Trust Fund (610) Federal Forfeiture Funds - Justice&Treasury (615 - 616) 6L Category - Within each Fund Locally Levied Taxes Category there are up to eight (8) Licenses & Permits categories of revenues used to Intergovernmental Revenues classify the type of revenue being Charges for Services recorded. Fines & Forfeitures Miscellaneous Revenues Transfer/Debt Proceeds Fund Balance Revenue Line Items - Within each Revenue Line Items category, there are many line (A few examples) items used to account for the Ad Valorem Taxes-Current Utility Tax-Electric different revenues received in the Building Permits City of Aventura. Half Cent Sales Tax Lien Searches Community Center Fees Interest Earninas 52 Expenditures/Expenses Fund _7 Fund - There are a total of 18 funds that are budgeted General • 11 through formal adoption or American 1 budget amendments. 13 Funds Police Education Fund 010) are budgeted this fiscal year Transportation&Street Maintenance Fund (120) within the City of Aventura. Independent Transportation Building . 911 Fund :1 -. 1 • Capital • SchoolAventura Charter High • PIN . - 1 Law Enforcement Trust Fund . 1 Federal Forfeiture Funds - Justice&Treasury (615 - 616) L_ --A Department Department - Within each Fund, City Commission Police there may be different Office of the City Manager Community Development Departments, with the General Legal Community Services Fund containing the most City Clerk's Office Public Works/Transportation Departments. Finance Arts &Cultural Center Human Resources Non-Departmental Information Technology Transfers Category - Within each Fund, and Category Department there are up to eight (8) Personal Services Other Operating Expenses categories of expenditures/ Contractual Services Capital outlay expenses that can be used to Other Charges &Services Debt Service account for expenditures/ Commodities Transfer to Funds expenses. Expenditure/Expense Line Items Expenditure/Expense Line Items - (A few examples of line items) Within each category, there are Employee Salaries many line items used to account for Overtime the different expenditures/ FICA Telephone expenses Office Supplies throughout the City of Aventura. Other Operating Supplies Subscriptions & Memberships 53 Budget Control/Monitoring Funds appropriated in the Budget may be expended by and with the approval of the City Manager in accordance with the provisions of the City Charter and applicable law. Funds of the City shall be expended in accordance with the appropriations provided in the Budget and shall constitute an appropriation of the amounts specified therein. Supplemental appropriations or the reduction of appropriations, if any, shall be made in accordance with Section 4.07 of the City Charter. The Budget establishes a limitation on expenditures by department total. Said limitation requires that the total sum allocated to each department for operating and capital expenses may not be increased or decreased without specific authorization by a duly-enacted Resolution/Ordinance affecting such amendment or transfer. Therefore, the City Manager may authorize transfers from one individual line item account to another, so long as the line item accounts are within the same department and fund. • The "Personnel Allocation Summary" enumerates all authorized budgeted positions. However, the City Manager may amend said authorized budgeted positions in order to address the operating needs of the department so long as sufficient budgeted funds are available. The budget is continually monitored to track variances between actual and budgeted amounts. Monthly budget to actual reports are prepared and sent to Department Heads for review and accountability, notating percentages where the budgets should be based on the month of the year and any line items and departments that are over. Significant variances are investigated and monitored for corrective action. Quarterly review meetings are held with the Finance Director, Assistant City Manager and City Manager. Encumbrances do not constitute expenditures or liabilities in the current year, but instead are defined as commitments related to unperformed contracts for goods or services, which are only reported in governmental funds. Budget Amendment Operating Budget Upon the passage and adoption of the budget for the City of Aventura, if the City Manager determines that the department total will exceed its original appropriation, the City Manager is authorized to prepare such Resolutions/Ordinances for consideration by the City Commission as may be necessary and proper to modify any line item from the Budget. The Budget Amendment Process will differ as to form depending on whether or not the original budget appropriation is exceeded as follows: 54 • Any change or amendment to the budget that will increase the original total appropriated amount can only be accomplished with the preparation of an Ordinance requiring two (2) public hearings and approval by the City Commission. • Any change or amendment to the budget which transfers monies within a fund but does not increase the total appropriated amount can be accomplished with the preparation of a Resolution. This does not require a public hearing, however, approval by the City Commission is still necessary. Capital Budget Through the City's amendment process, changes can be made to the adopted Capital Budget during the fiscal year. A request for amendment is generated by an operating department based on an urgent need for a new capital project or for additional funding for a previously approved project. The request is reviewed by the Finance Director and City Manager and, if approved by the City Manager, a budget amendment is presented to the City Commission. Basis of Budgeting The Basis of Budgeting refers to the method used to determine when revenues and expenditures are recognized for budgetary purposes. Budgets for governmental funds, the General Fund and Special Revenue Funds, are adopted on a basis that is consistent with Generally Accepted Accounting Principles ("GAAP") which require recognition of transactions or events on a modified accrual basis of accounting. This basis of accounting recognizes increases and decreases in financial resources only to the extent that they reflect near-term inflows or outflows of cash. Revenues are recognized as soon as they are both measurable and available. Revenues are considered to be available when they are collectible within the current period or soon enough thereafter to pay liabilities of the current period. For this purpose, the government considers revenues to be available if they are collected within 60 days of the end of the current fiscal period. Expenditures generally are recorded when a liability is incurred, as under accrual accounting. However, debt service expenditures, as well as expenditures related to compensated absences, pension, other postemployment benefits and claims and judgements, are recorded only when due. Property taxes, when levied for, franchise fees, utility taxes, charges for services, impact fees, intergovernmental revenues when eligibility requirements are met and investment income associated with the current fiscal period are all considered to be measurable and have been recognized as revenues of the current fiscal period, if available. All other revenue items such as fines and forfeitures and licenses and permits are considered to be measurable and available when cash is received by the City. The Enterprise Fund, the Stormwater Utility Fund, follows accrual basis of accounting where revenues are recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows, and therefore is budgeted as such. Property taxes are recognized as revenues in the year when an enforceable lien exists and when levied for. 55 Grants and similar items are recognized as revenues as soon as all eligibility requirements imposed by the provider have been met. Basis of Accounting Basis of Accounting refers to the time period when revenues and expenditures are recognized in the accounts and reported on the financial statements. Basis of accounting relates to the timing of the measurements made, regardless of the measurement focus applied. The accrual basis of accounting is followed for the proprietary fund types. The modified accrual basis of accounting is followed in the governmental fund types and the expendable trust funds type. Under the modified accrual basis of accounting, revenues are recorded when susceptible to accrual, that is, when they are both measurable and available. Available means collectible within the current period or soon enough thereafter to pay current liabilities. Expenditures are generally recognized under the modified accrual accounting when the related fund liability is incurred. Exceptions to the general rule are principal and interest on general long-term debt which is recognized when due. The City applies all applicable Governmental Accounting Standards Board ("GASB") pronouncements as well as the following pronouncements issued on or before November 30, 1989, unless those pronouncements conflict with or contradict GASB pronouncements: Financial Accounting Standards Board ("FASB") statements and interpretations, Accounting Principles Board ("APB") opinions and Accounting Research Bulletins ("ARBs"). During June 1999, the GASB issued Statement No. 34. This statement established new accounting and financial reporting standards for state and local governments, which have been appropriately implemented by the City. Fund Structure The accounts of the City are organized and operated on the basis of funds and account groups. A fund is an independent fiscal and accounting entity with a self-balancing set of accounts. Fund accounting segregates funds according to their intended purpose and is used to aid management in demonstrating compliance with the finance-related legal and contractual provisions. The minimum number of funds is maintained consistent with legal and managerial requirements. Account groups are a reporting device to account for certain assets and liabilities of the governmental funds not recorded directly in those funds. The following governmental funds have annual appropriated budgets: Government Fund Types General Fund (001) • This is the City's primary operating fund, hence a major fund as of fiscal year 2022/23 audited financial statements. It accounts for all financial resources of the City, except 56 those required to be accounted for in another fund. Resources are derived primarily from ad valorem taxes, utility taxes, franchise fees, intergovernmental revenues and charges for services. Expenditures are incurred to provide general government, public safety, community development and community services. The Police Off-duty Services Fund, Fund 620, was established to account for revenues and expenditures associated with services provided by off-duty Police Officers in private customer details to the various businesses and condominium associations. During FY 2022/23, this fund was closed and combined with the General Fund and therefore is not included in the budget presented in the following pages. All Police Off-duty activity is included in the General Fund; revenue can be found under the line item entitled "Police Detail Billing" and the corresponding expenditure can be found in the Police Department budget under the line item entitled "Extra Duty Detail". Special Revenue Funds account for revenue sources that are legally restricted to expenditures of specific purposes (excluding pension trusts and major capital projects). Included in the budget are the following special revenue funds: American Rescue Plan Act ("ARPA") (101) • This fund is used to account for revenues and expenditures associated with the funds the City received as part of the American Rescue Plan Act (ARPA). The U.S. Department of the Treasury launched the Coronavirus State and Local Fiscal Recovery Funds, which provides $350 billion in emergency funding for eligible state, local, territorial, and tribal governments. The intent of these funds is to aid and assist eligible governmental entities in recovery efforts resulting from the economic fallout of the COVID-19 pandemic. The City of Aventura's allocation is $18,525,074. This funding covers all qualifying expenditures on or after March 3, 2021. All funds must be obligated by December 31, 2024, and expended by December 31, 2026. As of fiscal year 2022/23 audited financial statements this is a major fund of the City. Police Education Fund 010) • This Fund is used to account for revenues and expenditures associated with the two dollars ($2.00) the City receives from each paid traffic citation, which, by state statute, must be used to further the education of the City's Police Officers. Transportation & Street Maintenance Fund (120) • This fund was established to account for restricted revenues and expenditures which by State Statute and County Transit System Surtax Ordinance are designated for transportation enhancements, street maintenance and construction costs. In FY 2023/24, the County Transit System Surtax, which accounts for transit and transportation revenues and expenditures moved into its own Fund, Fund 121. 57 Citizens' Independent Transportation Trust (CITT) Fund (121) • This fund was established in FY 2023/24 to account for restricted revenues and expenditures which by County Transit System Surtax Ordinance are designated for transit and transportation, which in prior years was recorded in the Transportation and Street Maintenance Fund, Fund 120. Building Fund (164) • This fund was established in FY 2022/23 to comply with the Building Construction Standards - Enforcement, Chapter 553.80 Section (7)(a)4. Of the Florida Statutes. This fund enables the City to account for the monies coming in and out of the building function of the Community Development Department. 911 Fund (180) • This fund is used to account for revenues and expenditures specifically earmarked for the City's emergency 911 system in accordance with Florida Statute 365.172. The funds may be used to provide emergency dispatch systems, training, communication, maintenance and repairs and related capital outlay purchases. The fund offsets a portion of the emergency 911 operational costs. Law Enforcement Trust Fund (610) • This fund accounts for proceeds obtained through fines designated specifically for training law enforcement officers. Anticipated expenditures may not be known during the budget process and therefore will be amended at year-end to comply with Florida Statutes. Federal Forfeiture Fund - Justice &Treasury (615 & 616) • These funds account for the proceeds obtained through the sale of confiscated and unclaimed property turned over to the City through court judgements. Proceeds are to be used solely for law enforcement purposes. Anticipated expenditures may not be known during the budget process and therefore will be amended at year-end to comply with Florida Statutes. The rest of this page has intentionally been left blank 58 The Debt Service Funds were established to account for revenues transferred from the General Fund and the ACES Charter School Fund to satisfy the debt service payments associated with the long-term financing of the following bank qualified loans and are comprised of the following funds: Debt Service Fund Series 2010 & 2011 (230) • Established for the purchase of Founders Park, the permanent Government Center site and construction of the Government Center. The original debt was issued in 1999 and was refinanced in 2010 and 2011 through Bank of America. Debt Service Fund Series 2012 (A) (250) • Established for the acquisition of the property for the ACES Charter School and to partially fund the Community Recreation Center. The original debt was issued in 2002 and was refinanced in 2012 through SunTrust Bank. Debt Service Fund Series 2012 (B) (290) • Established for the construction and equipment of the ACES Charter Elementary School. The original debt was issued in 2002 and was refinanced in 2012 through SunTrust Bank. Debt Service Fund Series 2018 (291� • The original debt was issued in 2018 by BB&T Bank for the partial construction and equipping of the DSAHS. The Capital Projects Funds, Fund 392, accounts for the acquisition and/or construction of major capital projects funded by impact fees or other revenues specifically earmarked for capital projects restricted by City Ordinances or City Commission policy. Aventura Charter High School Construction Fund (393 &394) • The Aventura Charter High School Construction Fund was established to account for the funding sources and uses related to the construction and equipping of the Don Soffer Aventura High School. As of September 9, 2021, the remaining expenditure being funded from this Fund was completed. There is a de minimis amount remaining in the fund which will be used for the school. Proprietary Funds The Enterprise Fund is used to account for operations that are financed and operated in a manner similar to a commercial enterprise, where the intent of the governing body is that the costs of providing goods or services to the general public on a continuing basis be financed or recovered primarily through user charges, or where the governing body has decided that periodic determination of the revenue earned, expenses incurred, and/or net income is 59 appropriate for capital maintenance, public policy, management control, accountability or other purposes. Included in the budget is the following Enterprise Fund: Stormwater Utility Fund This fund is used to account for revenues and expenditures specifically earmarked for the construction and maintenance of the City's stormwater drainage system. �auernmental Funds Proprietary Fund 60 General Fund g11 Fund 3tamiwater Utiliiy Fund American Rescue petit enrice Plan Act�"ARPA"� Funds Fund Police Education papital Projects Fund Fund Transportation and Aventura Charter Street High school Maintenance Fund ponstruction Fund citizens Independent Law Enforcement Transppoortation Trust F�rnd Trust(MITT}Fund Building Fund Federal Forfeikure Fund City of Aventura Budgeted Departments to Budgeted Funds Matrix Governmental Funds Proprietary Fund Special Revenue Funds Enterprise Fund Aventu Citizens' Charter Hi American Street Independent Law School General Rescue Plan Act Police Maintenance Transportation Building 911 Enforcement Federal Debt Service Capital Projects Construction Stormwater Utility Fund RPA")F ducation Fu Fund st(CITT)Fu Fund ust Fund jlfttur.Fund Funds Fund Fund Fund Funds Excluded from the Adopted Budget City of Aventura Police Officers Retirement Plan • This fund accounts for the activities of the Police Officers' Retirement Plan that accumulates resources for pension benefits to qualifying police officers. Aventura City of Excellence School ('ACES) Charter School Fund (190) • The City owns and operates a charter K-8 school which is accounted for in a separate special revenue fund. The City previously entered into an agreement with Charter Schools USA ("CSUSA") to provide administrative and educational services to ACES. • As of fiscal year 2022/23 audited financial statements,this is a major fund of the City. Don Soffer Aventura High School ("DSAHS) Charter High School Fund (191) • The DSAHS is a tuition-free public charter high school that opened in August 2019 to 200 9th grade students. In August 2020 loth grade was added bringing the total enrollment to 415 students. In August 2021, the llth grade will be added bringing the total enrollment to 620 students and in August 2022 the 12th grade was added to bring total projected enrollment to 800 students. • The City has entered into a separate management agreement with CSUSA to provide the services necessary to organize, manage, staff, operate and maintain the DSAHS. The current year operating budget is accounted for in a separate special revenue fund and was prepared by CSUSA in collaboration with the City's professional staff. • Both ACES and the DSAHS have July 1 - June 30 fiscal years. Their budgets are adopted separately from each other and apart from the City, by the Commission in May of each year. • As of fiscal year 2022/23 audited financial statements,this is a major fund of the City. Blended Component Units The financial reporting entity consists of the City, organizations for which the City is financially accountable and other organizations for which the nature and significance of their relationship with the City are such that exclusion would cause the reporting entity's financial statements to be misleading or incomplete. The City is financially accountable for a component unit if it appoints a voting majority of the organization's governing board and it is able to impose its will on that organization or there is a potential for the organization to provide specific financial benefits to, or impose specific financial burdens on the City. Blended component units are separate legal entities that meet the component unit criteria described above and whose governing body is the same as, substantially the same as, or appointed by the City Commission and the component unit provides services (financial benefit) entirely to the City. Currently, the City has one blended component unit: Don Soffer Aventura High School Foundation, Inc. (the "Foundation"). 62 In June 2019, the City Commission approved Resolution No. 2019-29, which approved the articles of incorporation for the creation of the Foundation. The Foundation was created as a Florida not-for-profit 501(c)(3) corporation which may seek and find contributions for the improvement and operation of the Don Soffer Aventura High School Fund (a special revenue fund of the City). The Foundation is governed by a Board of Directors that are approved by the City Commission. Separate financial statements of the blended component unit are not issued. City of Aventura Budgeted Funds vs.Funds in Annual Comprehensive Financial Report American Rescue Police Education Transportation General Fund* Plan Act RPa Fund* BuildingIndependent • ' • De bt Se rvi ce F u nds Transportation Trust(CITT) Fund Capital Projects Aventura Charter Stormwater SchoolFun • High Construction Federal Forfeiture City of Aventura Aventura City of Fund Police Officers' Excellence SchoolAventura High Retirement PlanFund* Only i-i ACFR ■fit�Ti�.��.t is YLi:3F£'T�:+'laHl� *Major Fund in FY 2322123 Financial Statement 63 Property Taxes Property taxes are assessed as of January 1 each year and are first billed (levied) and due the following November 1. Under Florida law, the assessment of all properties and the collection of all county, municipal, school board and special district property taxes are consolidated in the Offices of the County Property Appraiser and County tax Collector. The laws for the State regulating tax assessments are also designed to assure a consistent property valuation method statewide. All property is reassessed according to its fair market value as of January 1 each year. Each assessment roll is submitted to the Executive Director of the Florida Department of Revenue for review to determine if the assessment rolls meet all of the appropriate requirements of State Statutes. All real and tangible personal property taxes are due and payable on November 1 each year or as soon as practicable thereafter as the assessment roll is certified by the County Property Appraiser. Miami-Dade County mails each property owner on the assessment roll a notice of the taxes due and collects the taxes for the City. Taxes may be paid upon receipt of the notice from Miami-Dade County, with discounts at the rate of 4% if paid in the month of November, 3% if paid in the month of December, 2% if paid in the month of January and 1% if paid in the month of February. Taxes paid during the month of March are without discount, and all unpaid taxes on real and tangible personal property become delinquent and liens are placed on April 1 of the year following the year in which the taxes were assessed. Procedures for the collection of delinquent taxes by Miami- Dade County are provided for in the laws of Florida. Assessed Value and Estimated Actual Assessed Value of Taxable Property (Last Ten Fiscal Years) Fiscal Year Ended Personal Less:Tax Exempt Total Taxable September 30, Tax Roll Year Real Property Property Real Property Assessed Value 2016 2015 9,418,840,654 208,455,823 (532,334,375) 9,094,962,102 2017 2016 10,256,329,248 216,738,181 (571,373,185) 9,901,694,244 2018 2017 10,450,567,929 223,735,802 (575,305,868) 10,098,997,863 2019 2018 10,669,786,837 251,121,004 (555,067,665) 10,365,840,176 2020 2019 11,012,770,618 286,759,608 (559,343,594) 10,740,186,632 2021 2020 10,835,195,692 309,145,157 (594,123,975) 10,550,216,874 2022 2021 10,775,110,254 301,043,151 (624,796,747) 10,451,356,658 2023 2022 11,687,926,721 325,924,234 (645,459,416) 11,368,391,539 2024 2023 12,820,523,428 368,001,457 (682,489,643) 12,506,035,242 2025 2024 13,861,455,634 361,221,089 (673,452,009) 13,549,224,714 Note: 1 Florida Law requires that all property be assessed at current fair market value. 64 The City experienced losses in Taxable Assessed Value ("TAV"), prior to the addition of new construction, in Tax Roll Years 2018 - 2021. In Tax Roll Years 2018 - 2019, there was sufficient new construction to more than offset theses losses, resulting in small net increases to the TAV in those years. In Tax Roll Years 2020 - 2021, this was not the case, resulting in small net decreases to the TAV in those years. In Tax Roll Years 2022 - 2024, the first increases in the City's existing property values were seen. Millage Rate State statutes permit municipalities to levy property taxes at a rate of up to 10 mills ($10 per $1,000 of assessed taxable valuation). The City's tax levy is established by the City Commission prior to October 1 of each year, and the County Property Appraiser incorporates the millage into the total tax levy, which includes Miami-Dade County, Miami-Dade County School Board and certain other special taxing districts. The City of Aventura has maintained the same millage rate, 1.7261, for the 29th consecutive year in FY 2024/25. Total Taxable Assessed Value lin Billions) 516.00 2.0000 1.7261 1.8000 514.00 - - ._ ._ - $13.55 $12.51 1.60M 512.00 $11.37 $990 $10.10 $1G.37 $10.74 $10.55 $1C.45 1.4000 510.00 $9.09 1.2000 5s.00 1.0000 0.9000 0.6000 54.00 0.4000 52.00 0.2000 5 - 2M6 2D17 2MR 2M9 2D21 2M 22�29 2�24 2�29 Total Taxable Am-d Value n B1 Ilion s 10-"age The City of Aventura's millage rate is 1.7261 for fiscal year 2024/25. This means that for every one thousand dollars ($1,000) of taxable assessed value of property, it is taxed 1.7261 mills ($1.7261 per $1,000 of taxable assessed valuation). For example, on the Notice Proposed Property Taxes and Proposed or Adopted Non-Ad Valorem Assessments, also known as the TRIM Notice, taking the Current Taxable Value of $333,366, then dividing it by 1,000 and multiplying that number ($333.36) by the Tax Rate (millage) of 1.7261,the total taxes of $575.42 is derived. 65 Tax Rate Comparison In FY 2023/24, the City of Aventura has the lowest tax rate in Miami-Dade County when comparing total millage and the second lowest tax rate when comparing operating millage only. The table below compares the adopted tax rates of cities located within the County for fiscal year 2023/24: Millage Municipality or Operating Code County Area Millage Debt Millage Total Millage 2800 Ave ntura 1.7261 - 1.7261 3100 Sunny Isles 1.9000 - 1.9000 3000 Uninc. County 1.9090 - 1.9090 1200 Bal Harbour 1.9654 - 1.9654 3200 Miami Lakes 2.0732 - 2.0732 3500 Doral 1.7166 0.4810 2.1976 2000 Pinecrest 2.3500 - 2.3500 3300 Palmetto Bay 2.3500 - 2.3500 3600 Cutler Bay 2.8332 - 2.8332 2200 Medley 3.0000 - 3.0000 2400 Key Biscayne 3.1245 - 3.1245 1300 Bay Harbor Island 3.1728 - 3.1728 2500 Sweetwater 3.5634 - 3.5634 0900 South Miami 3.9500 - 3.9500 1400 Surfside 4.1000 - 4.1000 2600 Virginia Gardens 4.8500 - 4.8500 2700 Hialeah Gardens 5.1613 - 5.1613 0300 Coral Gables 5.5590 - 5.5590 2100 Indian Creek 5.9000 - 5.9000 1500 West Miami 5.9500 - 5.9500 0200 Miami Beach 5.8155 0.3326 6.1481 0400 Hialeah 6.3018 - 6.3018 1000 Homestead 6.0206 0.3075 6.3281 1600 Florida City 6.4790 - 6.4790 0700 North Miami Beach 6.1000 0.4111 6.5111 0500 Miami Springs 6.9100 - 6.9100 2300 North Bay Village 5.7062 1.2094 6.9156 0600 North Miami 7.4000 - 7.4000 3400 Miami Gardens 6.9363 0.5284 7.4647 0100 Miami 7.4843 0.3235 7.8078 1100 Miami Shores 7.8000 0.1601 7.9601 1800 El Portal 8.3000 - 8.3000 1900 Golden Beach 7.6015 0.7985 8.4000 0800 Opa-Locka 9.3500 - 9.3500 1700 Biscayne Park 9.5000 - 9.5000 Source: Miami-Dade County Office of the Property Appraiser- 2023 Adopted Millage Rates Schedule 66 Where Do Your Tax Dollars Go? The City of Aventura is not the only place to which tax dollars get distributed from property tax bills. Each taxing authority displayed as a portion of the picture and chart below has their own millage rate and contributes to the portion of taxes paid by each property every year. The City of Aventura only receives a small portion of the total property taxes paid by each property owner. Miami-Dade County Miami-Dade County School Board City of Aventura r, .TIL, T� U oTAk11EA LftI ffirlb 1 :dp hL BLS..ryILC M V FM 11rL K 065864508 0 I e W L411 lmwwvc.N �. -, - K 06586608 B 0i I -- Everglades FIND Okeechobee Basin SFWMD *Based on fiscal year 2023/24 Tax Rates **Depiction above is for representational purposes only and is not designed to exact scale 2023/2024 Adopted Taxing Authority Millages % Miami-Dade County 8.1872 48.53% Miami-Dade County School Board 6.6990 39.71% South Florida Water Management District (SFWMD) 0.0948 0.56% Everglades 0.0327 0.19% Okeechobee Basin 0.1026 0.61% Florida Inland Navigation District (FIND) 0.0288 0.17% City of Aventura 1.7261 10.23% Total Millage Rate 16.8712 100.00% 67 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 68 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 Summary of All Funds 69 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 70 AVER FLO�� in Brief American General Fund: Police Education Rescue Plan Act $54,320,257 Fund:$4,000 ("ARPA")Fund: $2,920,500 Transportation Citizens' Independent Street Maintenance Transportation Trust Fund:$997,000 Fund:$2,430,000 BUDGETED AMOUNT Building Fund: BY FUND: 911 Fund: $5,270,000 $79,000 Debt Service Funds: Stormwater Utility Capital Projects $2,451,127 Fund:$1,883,000 Fund:$28,100 Hamr"�, Taimc�@ Property Values Increased:8.34% I Millage Rate:1.7261(29th Year Remained Constant Stormwater Utility Rates:1 ERU=$3.50 FY 2024/25 Total Budgeted Positions:210 FY 2024/25 General Fund Capital Outlay:$1,883,700 1 5.00%COLA for General 3.00%COLA for PBA Property Insurance Health Insurance Dental Insurance Decrease: Increase: Increase: 31.01% 5.00% 71 9.20%* *PPO Plans City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 72 City of Aventura Summary of all Funds Fiscal Year 2024/25 Operating&Capital Outlay All Budgeted Funds Trends $80,000,000 $70,000,000 $60,000,000 $50,000,000 $40,000,000 ■Revenues $30,000,000 Expenditures/Expenses $20,000,000 $10,000,000 $0 Actual Amount 2021/22 Actual Amount 2022/23 Amended Budget 2023/24 Commission Approval 2024/25 Revenues by Fund Commission Fund Actual Amount Actual Amount Amended Budget Half Year Actual Approval # Fund 2021/22 2022/23 2023124 2023/24 2024/25 001 General Fund $ 50,619,589 $ 54,499,210 $ 48,460,583 $ 36,324,214 $ 54,320,257 101 American Rescue Plan Act 1,620,312 6,988,908 11,989,920 273,835 2,920,500 110 Police Education Fund 5,269 29,223 4,500 2,601 4,000 120 Transportation&Street Maint.Fund 3,351,007 3,874,781 926,000 1,006,106 997,000 121 Citizens'Independent Transportation Trust(CITT)Fun, 2,530,000 904,366 2,430,000 164 Building Fund 5,397,138 4,255,632 3,330,696 5,270,000 180 911 Fund 78,859 98,543 72,725 16,770 79,000 230-290 Debt Service Funds 2,494,655 2,493,522 2,455,234 1,227,617 2,451,127 392 Capital Projects Fund 47,913 46,413 63,500 192,571 28,100 393-394 Aventura Charter High School Construction Fund 500,000 41,578 410 Stormwater Utility Fund 1,783,406 1,543,057 1,360,000 582,684 1,883,000 610 Law Enforcement Trust Fund 8,997 8,698 7,340 615-616 Federal Forfeiture Funds 31,652 14,754 Subtotal $ 60,510,007 $ 75,052,723 $ 72,118,094 $ 43,883,554 $ 70,382,984 Interfund Eliminations $ (4,887,078) $ (1,866,661) $ (3,379,269) $ (1,689,636) $ (3,766,660) Total Revenue $ 65,622,929 $ 73,197,072 $ 68,738,825 $ 42,193,918 $ 66,617,424 Revenues by Category Commission Actual Amount Actual Amount Amended Budget Half Year Actual Approval Object Code# Category 2021/22 2022/23 2023/24 2023/24 2024/25 310000/319999 Locally Levied Taxes $ 27,468,826 $ 29,956,302 $ 30,727,334 $ 23,354,079 $ 33,097,951 320000/329999 Licenses&Permits 10,900,604 11,115,576 8,509,382 5,132,253 9,980,000 330000/339999 Intergovernmental Revenues 10,534,170 15,888,870 15,786,892 3,761,813 11,857,676 340000/349999 Charges For Services 5,478,438 6,868,652 5,609,421 3,318,653 7,216,610 350000/359999 Fines&Forfeitures 3,321,323 4,255,700 2,639,450 1,759,574 3,093,990 360000/369999 Miscellaneous Revenues 55,653 3,552,911 1,150,876 3,771,901 2,049,500 380000/389999 Transfers/Debt Proceeds 2,750,993 3,414,712 2,701,826 2,495,289 3,059,157 399900/399999 Fund Balance 4,992,913 289,992 28,100 Total Revenues $ 60,510,007 $ 75,052,723 $ 72,118,094 $ 43,883,664 $ 70,382,984 73 City of Summary of all Funds Fiscal Year 2024/25 Operating&Capital Outlay Expenditures/Expenses by Fund Commission Fund Actual Amount Actual Amount Amended Budget Half Year Actual Approval # Fund 2021/22 2022/23 2023/24 2023/24 2024/25 001 General Fund $ 49,146,913 $ 43,608,971 $ 48,460,683 $ 23,413,024 $ 64,320,267 101 American Rescue Plan Act 1,747,226 6,496,417 11,989,920 3,676,864 2,920,600 110 Police Education Fund 3,180 4,496 4,600 4,040 4,000 120 Transportation&Street Maint.Fund 2,791,207 3,069,066 926,000 444,288 997,000 121 Citizens'Independent Transportation Trust(CITT)Fun, 2,630,000 1,127,647 2,430,000 164 Building Fund 4,831,662 4,266,632 2,629,946 6,270,000 180 911 Fund 69,366 91,082 72,726 70,806 79,000 230.290 Debt Service Funds 2,467,437 2,462,310 2,466,234 1,228,961 2,461,127 392 Capital Projects Fund 83,949 72,220 63,600 3,294 28,100 393.394 Aventura Charter High School Construction Fund 60,101 410 Stormwater Utility Fund 1,262,380 1,131,278 1,360,000 299,196 1,883,000 610 Law Enforcement Trust Fund 9,264 10,300 6,099 616.616 Federal Forfeiture Fund 106,668 66,973 600 Subtotal $ 67,666,669 $ 61,874,873 $ 72,118,094 $ 32,803,642 $ 70,382,984 Interfund Eliminations $ (4,887,078) $ (2,926,549) $ (3,379,269) $ (1,689,636) $ (3,765,560) - Total Expenditures/Expenses $ 62,768,481 $ 68,948,324 $ 68,738,826 $ 31,114,006 $ 66,617,424 Expenditures/Expenses by Category Commission Actual Amount Actual Amount Amended Budget Half Year Actual Approval Object Code# Category 2021/22 2022/23 2023/24 2023/24 2024/25 1000/2999 Personal Services $ 26,186,079 $ 27,393,729 $ 28,983,183 $ 13,771,261 $ 30,878,120 3000/3999 Contractual Services 11,848,477 12,026,403 12,171,982 7,194,334 13,236,146 4000/4999 Other Charges&Services 6,217,980 6,640,943 7,641,496 3,766,261 7,411,167 6000/6399 Commodities 770,179 749,402 862,600 361,119 976,000 6400/6999 Other Operating Expenses 920,168 768,186 806,140 461,188 1,344,170 Subtotal $ 46,942,882 $ 47,667,662 $ 60,364,400 $ 26,644,163 $ 63,844,602 6000/6999 Capital Outlay $ 4,368,162 $ 8,869,726 $ 16,779,879 $ 4,274,091 $ 10,243,760 7000/7999 Debt Service 2,467,437 2,620,937 2,464,646 1,238,263 2,629,072 8300/8399 Grants&Aides 140,000 67,600 9000/9999 Transfer to Funds 4,887,078 2,926,549 3,379,269 1,689,636 3,766,660 otal Expenditures/Expenses $ 67,666,669 $ 61,874,873 $ 72,118,094 $ 32,803,642 $ 70,382,984 74 City of Summary of all Funds Fiscal Year 2024/25 Operating&Capital Outlay Expenditures/Expenses by Department/Division Dept. Commission Div Actual Amount Actual Amount Amended Budget Half Year Actual Approval # Department 2021122 2022123 2023124 2023124 2024126 Operating 0101 City Commission $ 176,438 $ 213,696 $ 301,841 $ 143,199 $ 468,287 0601 Office of the City Manager 1,189,999 1,390,746 1,492,964 701,691 1,691,242 0601 Legal 383,803 386,484 467,600 242,788 600,000 0801 City Clerk's Office 336,228 382,683 468,483 218,067 677,960 1001 Finance 1,210,670 1,122,924 1,191,199 674,132 1,226,102 1101 Human Resources 113,000 863,470 310,106 166,701 419,047 1201 Information Technology 1,106,966 1,211,434 1,287,148 471,202 1,260,639 2001 Police 22,729,670 22,849,744 24,786,631 11,937,144 26,161,344 4001 Community Development 4,999,872 4,808,311 4,676,432 2,813,960 4,882,404 6001 Community Services 3,481,106 4,139,646 4,163,131 2,263,874 6,619,334 6401 Public Works/Transportation 7,032,364 6,976,618 7,106,361 3,482,622 6,708,623 7001 Arts&Cultural Center 1,028,681 1,204,464 1,241,617 718,616 1,673,910 9001 Non-Departmental 2,164,287 2,029,644 2,982,098 1,821,367 2,866,810 Subtotal $ 46,942,882 $ 47,667,662 $ 60,364,400 $ 26,644,163 $ 63,844,602 Outlay:Capital 8001 City Commission $ $ 4,687 $ $ $ 8,400 8006 Office of the City Manager 6,371 31,341 14,800 11,014 4,000 8006 Legal 1,144 8008 City Clerk's Office 2,467 3,078 1,300 2,300 8010 Finance 4,638 7,668 3,600 6,400 8011 Human Resources 12,884 26,421 27,411 2,667 12,400 8012 Information Technology 24,768 461,433 1,407,041 282,317 861,600 8020 Police 1,178,823 2,232,378 2,418,136 613,382 1,263,600 8040 Community Development 9,379 63,670 171,212 (14) 19,230 8060 Community Services 306,446 3,902,761 7,980,032 3,140,136 176,000 8064 Public Works/Transportation 2,286,114 1,828,676 2,426,686 117,090 2,673,800 8069&6010 Charter School 60,101 8070 Arts&Cultural Center 223,689 124,149 129,643 13,469 86,100 8090 Non-Departmental 314,793 133,330 8090 CIP Reserve 1,200,119 94,160 6,140,020 Subtotal $ 4,368,162 $ 8,869,726 $ 16,779,879 $ 4,274,091 $ 10,243,760 • •- 9001 Transfer to Funds $ 4,887,078 $ 2,926,649 $ 3,379,269 $ 1,689,636 $ 3,766,660 2001 &6401 Debt Service 2,467,437 2,620,937 2,464,646 1,238,263 2,629,072 0601 Grants&Aides 140,000 67,600 Subtotal $ 7,344,616 $ 5,447,486 $ 6,983,816 $ 2,986,399 $ 6,294,632 Total Expenditures/Expenses $ 67,666,669 $ 61,874,873 $ 72,118,094 $ 32,803,642 $ 70,382,984 Interfund Eliminations $ (4,887,078) $ (2,926,549) $ (3,379,269) $ (1,689,636) $ (3,765,560) Total Expenditures/Expenses $ 62,768,481 $ 68,948,324 $ 68,738,826 $ 31,114,006 $ 66,617,424 75 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 76 Comparative Budgeted Personnel Allocation Summary 10 -Year Presentation 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25 City Commission 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0 Office of the City Manager 3.6 3.0 3.0 3.0 3.0 2.0 4.0 5.0 5.0 6.0 Legal* - - - - - - - - - - City Clerk's Office 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.5 3.5 Finance 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0 Human Resources**** - - - - - - - 1.0 2.0 2.0 Information Technology 6.0 6.0 6.0 6.0 6.0 6.0 5.0 5.0 5.0 6.0 Police 124.0 125.0 129.0 130.0 130.0 130.0 130.0 130.0 131.0 134.0 Community Development 9.4 9.0 9.0 9.0 9.0 7.0 7.0 3.4 3.4 3.4 Community Services 26.0 21.5 24.0 24.0 26.0 25.0 23.0 23.0 24.5 28.5 Public Works/Transportation - 6.5 7.0 7.0 7.0 7.0 8.0 8.0 8.0 9.0 Building Fund - - - - - - 3.6 3.6 3.6 Arts&Cultural Center* - - - - - - - - - - ACES ** 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 N/A Don Soffer Aventu ra H.S.*** N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 189.0 191.0 198.0 199.0 201.0 197.0 197.0 199.0 203.0 210.0 * Departmental staff is provided through contractual services. **Prior to FY 2024/25,4 Staff were included in the City Personnel counts.In FY 2024/25 and moving forward,Management is provided by CSUSA and departmental staff is included in Aventura City of Excellence School Budget Document. ***Management is provided by CSUSA and departmental staff is included in Don Soffer Aventura High School Fund Budget Document. ****Human Resources was grouped with Finance in FY 2021/22. *****The Community Development Department of the General Fund has employees allocated to and fully funded from the Building Fund. ******(1)Police Officer's salary&benefits are included in ACES budget for FY 2023/24,for the City's Operating Budget this position is only included in the Police Department position counts. 77 Comparative Budgeted Personnel Allocation Summary 4-Year Presentation FTE 2020/21 2021/22 2022/23 2023/24 2024/25 2024/25 City Commission 7.0 7.0 7.0 7.0 7.0 7.0 Office of the City Manager 2.0 4.0 5.0 5.0 6.0 5.5 Legal* City Clerk's Office 2.0 2.0 2.0 2.5 3.5 3.5 Human Resources 1.0 2.0 2.0 2.0 Information Technology 6.0 5.0 5.0 5.0 6.0 6.0 Police 130.0 130.0 130.0 131.0 134.0 134.0 Community Development 7.0 7.0 3.4 3.4 3.4 3.4 Community Services 25.0 23.0 23.0 24.5 28.5 24.0 Public Works/Transportation 7.0 8.0 8.0 8.0 9.0 9.0 Building Fund 3.6 3.6 3.6 3.1 Arts&Cultural Center ACES ** 4.0 4.0 4.0 4.0 N/A N/A Don Soffer Aventura H.S.*** N/A N/A N/A N/A N/A N/A Total 197.0 197.0 199.0 203.0 210.0 204.5 Departmental staff is provided through contractual services. Prior to FY 2024/25,4 Staff were included in the City Personnel counts.In FY 2024/25 and moving forward,Management is provided by CSUSA and departmental staff is included in Aventura City of Excellence School Budget Document. Management is provided by CSUSA and departmental staff is included in Don Soffer Aventura High School Fund Budget Document. Human Resources was grouped with Finance in FY2021/22. The Community Development Department of the General Fund has employees allocated to and fully funded from the Building Fund. (1)Police Officer's salary&benefits are included in ACES budget for FY 2023/24,for the City's Operating Budget this position is only included in the Police Department position counts. Total Employees Citywide FTE Positions 2021/22 2022/23 2023/24 2024/25 2024/25 Total Full-Time 182.0 186.0 190.0 199.0 199.0 Total Part-Time 15.0 13.0 13.0 11.0 5.5 Total 197.0 199.0 203.0 210.0 204.5 General Employees FTE Positions 2021/22 2022/23 2023/24 2024/25 2024/25 Total Full-Time 99.0 101.0 104.0 109.0 109.0 Total Part-Time 15.0 13.0 13.0 11.0 5.5 Total 114.0 114.0 117.0 120.0 114.5 Employees covered under a Collective Bargaining Agreement with Dade County Police Benevolent Association FTE Positions 2021/22 2022/23 2023/24 2024/25 2024/25 Total Full-Time 83.0 85.0 86.0 90.0 90.0 Total Part-Time - - - - - Total 83.0 85.0 86.0 90.0 90.0 78 The chart below compiles the audited FY 2022/23 Fund Balances for the budgeted funds of the City of Aventura.Then added or subtracted from those audited numbers are the estimated savings or use for the current fiscal year,FY 2023/24.Added or subtracted to the FY 2023/24 estimated Fund Balance is the FY 2024/25 budgeted estimated savings or use arriving at the estimated fund balance for the fiscal year being budgeted,FY 2024/25. City of Aventu ra Fund Balance Schedule Governmental Funds Special Revenue Funds Street Citizens' American Rescue Maintenance and Independent Plan Act("ARPA") Police Education Transportation Transportation General Fund Fund Fund Fund Trust(CITT)Fund Building Fund 911 Fund FY 2022/23 Audited Fund Balance: Nonspendable $ 1,207,785 $ $ - $ 1,097,167 $ $ - $ - Restricted - 35,120 6,343,936 2,196,347 71,038 Committed 5,188,299 - - - - Assigned 772,506 4,412,929 Unassigned/Unrestricted 49,030,842 (4,047,352) - - - - FY 2022/23 Total Fund Balance/Net Position $ 56,199,432 $ 365,577 $ 35,120 $ 7,441,103 $ $ 2,196,347 $ 71,038 Budgeted FY 2023/24 Estimated Savings/(Use) to/of Fund Balance/Net Position $ (328,185) $ - $ - $ - $ 368,820 $ - $ - FY 2023/24 Estimated Fund Balance/Net Position $ 55,871,247 $ 365,577 $ 35,120 $ 7,441,103 $ 368,820 $ 2,196,347 $ 71,038 FY 2024/25 Estimated Savings/(Use)to/of Fund Balance/Net Position $ 2,988,970 $ - $ - $ 163,385 $ 778,105 $ 374,060 $ - FY 2024/25 Estimated Fund Balance/Net Position $ 58,860,217 $ 365,577 $ 35,120 $ 7,604,488 $ 1,146,925 $ 2,570,407 $ 71,038 Fund Balance%Change(FY24 to FY25) 5.35% 0.00% 0.00% 2.20% 210.97% 17.03% 0.00% City of Aventu ra Fund Balance Schedule Governmental Funds Proprietary Fund Special Revenue Funds Enterprise Fund Aventura Charter High School Law Enforcement Federal Forfeiture Debt Service Capital Projects Construction Stormwater Utility Trust Fund** Fund** Funds Fund Fund Fund FY 2022123 Audited Fund Balance: Nonspendable $ - $ - $ - $ $ Restricted 149,044 521,502 376,330 731,057 Committed - - - - Assigned - U nassigned/U n restricted 1,642,739 FY 2022/23 Total Fund Balance/Net Position $ 149,044 $ 521,502 $ 376,330 $ 731,057 $ $ 1,642,739 Budgeted FY 2023/24 Estimated Savings/(Use) to/of Fund Balance/Net Position $ - $ - $ - $ (63,500) $ $ 643,000 FY 2023/24 Estimated Fund Balance/Net Position $ 149,044 $ 521,502 $ 376,330 $ 667,557 $ $ 2,285,739 FY 2024/25 Estimated Savings/(Use)to/of Fund Balance/Net Position $ - $ - $ - $ (28,100) $ $ 835,500 FY 2024/25 Estimated Fund Balance/Net Position $ 149,044 $ 521,502 $ 376,330 $ 639,457 $ $ 3,121,239 Fund Balance%Change(FY24 to FY25) 0% 0% 0% 4% 0% 37% For detailed information of Fund Balances definitions and restrictions,please see the narrative of the Budget Document and/or the Citys Annual Comprehensive Financial Report "If anticipated expenditures are not known during the budget process,these fundswill be amended at year-end to complywith Florida Statutes Fund Balance Changes of 10%of more In the above chart,for the budgeted year any changes in fund balance from the current year,FY 2023/24,estimated fund balance to the next year,FY 2024/25,are shown and changes of 10%or more will be explained. The rest of this page has intentionally been left blank 79 Fund Balance Analysis General Fund (001) An estimated savings of $2,988,970 will be put into CIP Reserve in the Capital Outlay Department of the General Fund to assist with any overages or unanticipated projects the City may encounter throughout the year, i.e. ARPA Project overages. Transportation/Street Maintenance Fund (120) An estimated $163,385 will be put into CIP Reserve in this fund to assist with any overages, unanticipated projects and/or future years projects. Citizens'Independent Transportation Trust (CITT) Fund (121) An estimated savings of $778,105 will be put into CIP Reserve in this fund to assist with any overages, unanticipated projects and/or future years projects. Building Fund (164) An estimated savings of $374,060 will be put into CIP Reserve in this fund to assist with any overages, unanticipated projects and/or future years projects. Capital Projects Fund (392) An estimated $28,100 will be used from the Carryover Revenue in the Capital Projects Fund designated for Police use to allow for the expenditures in the FY 2024/25 budget. Stormwater Utility Fund (410) An estimated savings of $835,500 will be put into CIP Reservice in this fund to be utilized in coming years as shown in the CIP projections for drainage projects. 80 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 General Fund 81 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 82 City of Aventura Summary of the General Fund-001 Fiscal Year 2024/25 Operating&Capital Outlay Fund Description The General Fund accounts for resources and expenditures that are available for the City's general operations of City government functions. General Fund Trends 60,000,000 50,000,000 40,000,000 30,000,000 ■Revenues 20,000,000 Expenditures 10,000,000 Actual Amount Actual Amount Amended Budget Commission Approval 2021/22 2022/23 2023/24 2024/25 Revenue Projections Summary Half Year Commission Actual Amount Actual Amount Amended Actual Approval Category 2021122 2022123 Budget 2023124 2023124 2024125 Current Revenues $ 50,619,589 $ 54,499,210 $ 47,944,099 $ 36,065,972 $ 54,320,257 Carryover 516,484 258,242 tal Revenues $ 50,619,589 $ 54,499,210 $ 48,460,583 $ 36,324,214 $ 54,320,257 Expenditures Summary Dept. Half Year Commission Div Actual Amount Actual Amount Amended Actual Approval # Department 2021122 2022123 Budget 2023124 2023124 2024125 Operating 0101 City Commission $ 176,438 $ 213,695 $ 301,841 $ 143,199 $ 468,287 0501 Office of the City Manager 1,189,999 1,390,745 1,492,954 701,691 1,591,242 0601 Legal 383,803 385,484 467,500 242,788 500,000 0801 City Clerk's Office 336,228 382,683 458,483 218,067 577,960 1001 Finance 1,210,670 1,122,924 1,191,199 574,132 1,225,102 1101 Human Resources - 219,220 300,105 164,501 419,047 1201 Information Technology 1,106,965 1,211,434 1,287,148 471,202 1,250,539 2001 Police 22,652,696 22,731,867 24,708,406 11,857,200 26,078,344 4001 Community Development 4,999,872 525,371 612,592 307,301 612,424 5001 Community Services 3,472,212 4,139,546 4,153,131 2,253,874 5,619,334 5401 Public Works/Transportation 3,539,349 3,251,128 3,580,681 1,634,360 3,429,113 7001 Arts&Cultural Center 1,028,581 1,204,464 1,241,517 718,516 1,573,910 9001 Non-Departmental 2,123,279 2,019,154 2,982,098 1,821,367 2,866,810 Subtotal $ 42,220,092 $ 38,797,715 $ 42,777,655 $ 21,108,198 $ 46,212,112 OutlayCapital 8001 City Commission $ - $ 4,687 $ - $ - $ 8,400 8005 Office of the City Manager 5,371 31,341 14,800 11,014 4,000 8006 Legal - 1,144 - - - 8008 City Clerk's Office 2,457 3,078 1,300 2,300 8010 Finance 4,538 7,558 3,600 - 6,400 8011 Human Resources - 7,609 4,350 2,557 12,400 8012 Information Technology 24,768 255,266 191,000 - 141,000 8020 Police 851,082 1,177,870 1,004,465 104,888 1,235,500 8040 Community Development 9,379 25,020 116,024 - 1,300 8050 Community Services 69,675 145,219 608,598 380,604 116,000 8054 Public Works/Transportation 533,091 435,258 138,960 65,002 270,300 8070 Arts&Cultural Center 223,589 124,149 129,543 13,459 86,100 8090 Non-Departmental 314,793 133,330 - - - 8090 CIP Reserve - - 188,299 94,150 2,988,970 Subtotal $ 2,038,743 $ 2,351,529 $ 2,400,939 $ 671,674 $ 4,872,670 Debt Service $ - $ 68,627 $ 9,312 $ 9,312 $ 77,945 Grants&Aides - - 140,000 57,500 - Transfer to Funds 4,887,078 2,391,100 3,132,677 1,566,340 3,157,530 Subtotal $ 4,887,078 $ 2,459,727 $ 3,281,989 $ 1,633,152 $ 3,235,475 Total $ 49,145,913 $ 43,608,971 $ 48,460,583 $ 23,413,024 $ 54,320,257 Police Off-duty Services Fund amounts are reflected in the General Fund 83 City of Aventur General Fund-001 . Fiscal Year 2024/25 Revenue Projections Summary by Category Half Year Commission Object Actual Amount Actual Amount Amended Actual Approval Code Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 310000/319999 Locally Levied Taxes $ 27,468,826 $ 29,956,302 $ 30,727,334 $23,354,079 $ 33,097,951 320000/329999 Licenses&Permits 10,900,604 5,754,736 4,270,000 1,890,610 4,785,000 330000/339999 Intergovernmental Revenues 5,195,271 5,944,655 4,862,676 2,461,282 5,413,176 340000/349999 Charges for Services 4,146,452 5,372,541 4,274,421 2,783,451 5,716,610 350000/359999 Fines&Forfeitures 3,306,842 4,212,371 2,633,700 1,754,814 3,089,990 360000/369999 Miscellaneous Revenues (654,744) 2,378,993 929,376 2,554,064 1,609,500 380000/389999 Transfer from Funds 256,338 535,449 246,592 1,267,672 608,030 380000/389999 Debt Proceeds - 344,163 - - - 399900/399999 Fund Balance - - 516,484 258,242 - Total Revenues $ 50,619,589 $ 54,499,210 $ 48,460,583 $ 36,324,214 $ 54,320,257 Expenditures Summary by Category Half Year Commission Object Actual Amount Actual Amount Amended Actual Approval Code Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 1000/2999 Personal Services $ 26,073,079 $ 26,389,221 $ 28,590,785 $13,584,746 $ 30,465,372 3000/3999 Contractual Services 8,826,432 5,044,093 5,278,302 3,072,960 6,238,135 4000/4999 Other Charges&Services 6,149,399 6,417,904 7,316,778 3,655,673 7,277,835 5000/5399 Commodities 769,599 739,738 811,850 355,101 906,700 5400/5499 Other Operating Expenses 401,583 206,759 779,940 439,718 1,324,070 Total Operating Expenditures $ 42,220,092 $ 38,797,715 $ 42,777,655 $ 21,108,198 $ 46,212,112 6000/6999 Capital Outlay $ 2,038,743 $ 2,351,529 $ 2,400,939 $ 671,674 $ 4,872,670 7000/7999 Debt Service - 68,627 9,312 9,312 77,945 8300/8399 Grants&Aides - - 140,000 57,500 - 9000/9999 Transfer to Funds 4,887,078 2,391,100 3,132,677 1,566,340 3,157,530 Total Expenditures $ 49,145,913 $ 43,608,971 $ 48,460,583 $ 23,413,024 $ 54,320,257 84 City of Aventur General Fund-001 , Fund Balance Analysis Fiscal Year 2024/25 Revenue Projections Half Year Commission Actual Amount Actual Amount Amended Actual Approval Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 $ - $ - $ 516,484 $ 258,242 $ Locally Levied Taxes Property Taxes $ 17,216,330 $ 18,820,560 $ 20,707,334 $18,787,080 $ 22,417,951 Section 185 Premium Tax 471,692 476,859 450,000 - 475,000 Utility Taxes 7,046,187 7,973,972 6,980,000 3,562,365 7,530,000 Unified Comm.Tax 1,697,442 1,682,170 1,640,000 712,256 1,675,000 City Business Tax 1,037,175 1,002,741 950,000 292,378 1,000,000 Subtotal $ 27,468,826 $ 29,956,302 $ 30,727,334 $ 23,354,079 $ 33,097,951 Licenses&Permits 10,900,604 5,754,736 4,270,000 1,890,610 4,785,000 Intergovernmental Revenues 5,195,271 5,944,655 4,862,676 2,461,282 5,413,176 Charges for Services 4,146,452 5,372,541 4,274,421 2,783,451 5,716,610 Fines&Forfeitures 3,306,842 4,212,371 2,633,700 1,754,814 3,089,990 Miscellaneous (654,744) 2,378,993 929,376 2,554,064 1,609,500 Interfund Transfers In 256,338 535,449 246,592 1,267,672 608,030 Debt Proceeds - 344,163 - - - Subtotal $ 23,150,763 $ 24,542,908 $ 17,216,765 $ 12,711,893 $ 21,222,306 Total Revenues $ 50,619,589 $ 54,499,210 $ 47,944,099 $ 36,065,972 $ 54,320,257 Half Year Commission Object Actual Amount Actual Amount Amended Actual Approval Code Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 0101 City Commission $ 176,438 $ 213,695 $ 301,841 $ 143,199 $ 468,287 0501 Office of the City Manager 1,189,999 1,390,745 1,492,954 701,691 1,591,242 0601 Legal 383,803 385,484 467,500 242,788 500,000 0801 City Clerk's Office 336,228 382,683 458,483 218,067 577,960 1001 Finance 1,210,670 1,122,924 1,191,199 574,132 1,225,102 1101 Human Resources - 219,220 300,105 164,501 419,047 1201 Information Technology 1,106,965 1,211,434 1,287,148 471,202 1,250,539 2001 Police 22,652,696 22,731,867 24,708,406 11,857,200 26,078,344 4001 Community Development 4,999,872 525,371 612,592 307,301 612,424 5001 Community Services 3,472,212 4,139,546 4,153,131 2,253,874 5,619,334 5401 Public Works/Transportation 3,539,349 3,251,128 3,580,681 1,634,360 3,429,113 7001 Arts&Cultural Center 1,028,581 1,204,464 1,241,517 718,516 1,573,910 9001 Non-Departmental 2,123,279 2,019,154 2,982,098 1,821,367 2,866,810 Total Operating Expenditures $ 42,220,092 $ 38,797,715 $ 42,777,655 $ 21,108,198 $ 46,212,112 Capital Outlay 2,038,743 2,351,529 2,212,640 577,524 1,883,700 Debt Service - 68,627 9,312 9,312 77,945 Grants&Aides - - 140,000 57,500 - Interfund Transfers Out 4,887,078 2,391,100 3,132,677 1,566,340 3,157,530 Total Expenditures/Uses $ 49,145,913 $ 43,608,971 $ 48,272,284 $ 23,318,874 $ 51,331,287 Ending Fund Balance Designated for Capital Improvements $ 1,473,676 $ 10,890,239 $ 188,299 $ 13,005,340 $ 2,988,970 85 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 86 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 Revenue Projections 87 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 88 City of Aventur General Fund-001 . Fiscal Year 2024/25 Revenue Projections Summary by Category General Fund Revenues Trend $60,000,000 ■ Fund Balance $50,000,000 Debt Proceeds $40,000,000 / Transfers ■ Miscellaneous Revenues $30,000,000 V Fines&Forfeitures $20,000,000 Charges For Services $10,000,000 Intergovernmental Revenues Licenses&Permits $ ■ Locally Levied Taxes Actual Amount Actual Amount Amended Commission $(10,000,000) 2021/22 2022/23 Budget 2023/24 Approval 2024/25 Commission Object Actual Amount Actual Amount Amended Half Year Approval # Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 Locally 3111000 Ad Valorem Taxes-Current $ 16,771,383 $ 18,319,511 $ 20,507,334 $ 18,769,137 $ 22,217,951 3112000 Ad Valorem Taxes-Delinquent 444,947 501,049 200,000 17,943 200,000 3125200 Section 185 Premium Tax 471,692 476,859 450,000 - 475,000 3141000 Utility Tax-Electric 5,446,418 6,290,108 5,450,000 2,789,468 6,000,000 3143000 Utility Tax-Water 1,568,775 1,654,524 1,500,000 760,859 1,500,000 3144000 Utility Tax-Gas 30,994 29,340 30,000 12,038 30,000 3149000 Unified Communications Tax 1,697,442 1,682,170 1,640,000 712,256 1,675,000 3161000 City Business Tax 1,037,175 1,002,741 950,000 292,378 1,000,000 Subtotal $ 27,468,826 $ 29,956,302 $ 30,727,334 $ 23,354,079 $ 33,097,951 Licenses&Permits 3221000 Building Permits $ 5,608,307 $ - $ - $ - $ 3221500 Radon/Code Comp Admin.Fee 15,286 3222000 Certificate of Occupancy 123,343 - - - - 3231000 Franchise Fee-Electric 4,257,486 4,777,744 3,500,000 1,485,208 3,950,000 3234000 Franchise Fee-Gas 119,421 117,189 100,000 44,342 100,000 3237100 Franchise Fee-Solid Waste 761,594 841,898 600,000 356,693 700,000 3238000 Franchise Fee-Towing - - 50,000 - 20,000 3291000 Engineering Permits 15,167 17,905 20,000 4,367 15,000 Subtotal $ 10,900,604 $ 5,754,736 $ 4,270,000 $ 1,890,610 $ 4,785,000 Intergovernmental Revenues 3311901 CESF Police Grant $ 1,977 $ - $ - $ - $ - 3312100 Bulletproof Vests 23,887 5,960 2,486 3312910 FEMA 49,556 164,203 - 5,919 - 3344901 Maintenance Agreement Payment 12,676 9,507 12,676 3,169 12,676 3351200 State Revenue Sharing 1,181,487 1,368,005 950,000 662,763 1,325,500 3351500 Alcoholic Beverage License 32,714 29,585 30,000 3,664 30,000 3351800 Half Cent Sales Tax 3,824,629 4,306,212 3,825,000 1,771,281 4,000,000 3354930 Fuel Tax Refund 18,454 9,198 - - - 3382000 County Business Tax 49,891 51,985 45,000 12,000 45,000 Subtotal $ 5,195,271 $ 5,944,655 $ 4,862,676 $ 2,461,282 $ 5,413,176 89 City of Aventur General Fund-001 . Fiscal Year 2024/25 Revenue Projections Summary by Category Commission Object Actual Amount Actual Amount Amended Half Year Approval # Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 Charges For Services 3413500 DSAHS Insurance $ - $ - $ - $ - $ 200,000 3419500 Lien Search Fees 165,960 85,400 75,000 43,200 80,000 3421100 Police Detail Billing 478,842 366,427 450,000 379,329 450,000 3421200 ACES&DSAHS Police Officer - - 182,996 - 370,515 3421300 Police Services Agreement 1,369,270 1,516,426 1,516,425 817,619 2,096,095 3425000 Development Review Fees 133,800 214,901 150,000 98,100 150,000 3472000 Parks&Recreation Fees 700,536 996,232 600,000 453,176 700,000 3472500 Community Center Fees 538,486 887,394 450,000 552,994 600,000 3473000 Membership&Guest Fees 74,322 125,956 55,000 33,946 55,000 3474000 Founders Day 20,720 24,200 15,000 13,500 15,000 3475000 Summer Recreation 528,759 673,928 330,000 56,044 450,000 3476001 AACC Fees and Rentals 135,757 481,677 450,000 335,543 550,000 Subtotal $ 4,146,452 $ 5,372,541 $ 4,274,421 $ 2,783,451 $ 5,716,610 Fines&Forfeitures 3511000 County Court Fines $ 280,684 $ 234,879 $ 240,000 $ 117,154 $ 240,000 3541000 Code Violation Fines 3,500 165,190 50,000 102,288 100,000 3542000 Intersection Safety Camera Program 3,022,658 3,812,302 2,343,700 1,535,372 2,749,990 Subtotal $ 3,306,842 $ 4,212,371 $ 2,633,700 $ 1,754,814 $ 3,089,990 Miscellaneous Revenues 3611000 Interest Earnings $ (705,795) $ 2,279,969 $ 763,754 $ 1,895,400 $ 1,500,000 3644200 Sale of Assets 17,844 25,134 130,000 121,616 5,000 3644910 Lost/Abandoned Property 5,702 5,243 - - - 3644920 Evidence 16,476 36,568 - 3661000 Developer Contributions - - 500,000 - 3691101 Convenience Fee - - 7,396 84,500 3693101 Opiod Settlment - 5,254 11,508 - 3699000 Miscellanous Revenues 11,029 26,825 35,622 18,144 20,000 Subtotal $ (654,744) $ 2,378,993 $ 929,376 $ 2,554,064 $ 1,609,500 3811014 Transferfrom Building Fund $ - $ 535,449 $ 246,592 $ 123,296 $ 608,030 3811017 Transfer from DSAHS 256,338 - - 1,144,376 - Subtotal $ 256,338 $ 535,449 $ 246,592 $ 1,267,672 $ 608,030 Debt Proceeds 3851002 Proceeds from Note $ - $ 344,163 $ - $ - $ - Subtotal $ $ 344,163 $ - $ - $ Fund Balance 3999000 Carryover $ $ - $ 516,484 $ 258,242 $ Subtotal $ $ - $ 516,484 $ 258,242 $ - Total General Fund Revenue $ 50,619,589 $ 54,499,210 $ 48,460,583 $ 36,324,214 $ 54,320,257 90 City of Aventur General Fund-001 , Fiscal Year 2024/25 Revenue Projection Rationale Commission Object Approval Code# Category 2024/25 Comment Ad Valorem or property taxes are authorized by Chapter 166, Florida Statutes. The Florida Constitution limits local governments to a maximum of 10 mills of Ad Valorem taxation.The amount of revenue is based on the tax rate multiplied by the assessed value of the City which is provided by the County Property Appraiser. The amount is then budgeted at 95% of its gross value to allow for prompt payment discounts and other adjustments in accordance with Florida Statutes.The City's assessed value as reported by the County Property Appraiser is $13,549,224,714. This amount is $1,043,189,472 or 8.34% more than last year. The ad valorem millage levy for fiscal year 2024/25 is recommended to be 1.7261,which is the same Ad Valorem Taxes- rate adopted last year. This will generate $22,217,951 compared to last year's amount of 3111000 Current $ 22,217,951 $20,507,334. This represents the 29th year without a millage rate increase. City Ad Valorem Tax Rate History 1995/96-2006/07-2.2270 2007/08-present-1.7261" During the City's history,the millage rate has not increased,by has gone down from when the City was first incoporated and then has been maintained. "At the City's current millage rate of 1.7261, $100,000,000 of assessed value generates approximately$164,000 in ad valorem taxes(net of the discount). Ad Valorem Taxes-Current $24,000,000 $22,000,000 $20,000,000 $18,000,000 $16,000,000 $14,000,000 $12,000,000 91 City of Aventur General Fund-001 , Fiscal Year 2024/25 Revenue Projection Rationale Commission Object Approval Code# Category 2024/25 Comment This revenue source is derived by those taxpayers who do not pay their taxes by March Wt Ad Valorem Taxes- of any given year.On average the total revenue received in this category is minimal when 3112000 Delinquent 200,000 compared to the total Ad Valorem taxes collected. Ad Valorem Taxes- Delinquent $800,000 $600,000 $400,000 $200,000 5- Ib C�\�° Section 185 Premium Revenue received from a percentage of insurance policies on property with the City of 3125200 Tax 475,000 Aventura all of which are used for the Police Pension Plan Section 166.231(1)(A), Florida Statutes, authorizes a city to collect Public Service or Utility Taxes. Miami-Dade County previously established by Ordinance utility taxes for unincorporated areas in the amount of 10%on electricity.The City enacted Ordinance 96-03 which mirrored the County's utility tax levies.The projection is based on actual collections for 3141000 Utility Tax-Electric 6,000,000 the past two(2)fiscal years. Utility Tax - Electric $7,000,000 $6,000,000 $5,000,000 $4,000,000 $3,000,000 92 City of Aventur General Fund-001 , Fiscal Year 2024/25 Revenue Projection Rationale Commission Object Approval Code# Category 2024/25 Comment Section 166.231(1)(A), Florida Statutes,authorizes a City to collect Public Service or Utility Taxes. Miami-Dade County previously established by Ordinance utility taxes for unincorporated areas in the amount of 10% on water. The City enacted Ordinance 96-03 which mirrored the County's utility tax levies.The projection is based on actual collections for 3143000 Utility Tax-Water 1,500,000 the past two(2)fiscal years. Utility Tax -Water $1,500,000 $1,000,000 $500,000 Section 166.231(1)(A), Florida Statutes,authorizes a City to collect Public Service or Utility Taxes. Miami-Dade County previously established by Ordinance utility taxes for unincorporated areas in the amount of 10%on gas and oil.The City enacted Ordinance 96- 03 which mirrored the County's utility tax levies.The projection is based on actual collections 3144000 Utility Tax-Gas 30,000 for the past two(2)fiscal years. Utility Tax -Gas $34,000 $32,000 $30,000 $28,000 $26,000 $24,000 $22,000 $20,000 C�\�° 0 ti°�k 93 City of Aventur General Fund-001 , Fiscal Year 2024/25 Revenue Projection Rationale Commission Object Approval Code# Category 2024/25 Comment Effective October 1, 2001, the Unified Communications Tax replaced municipal utility taxes Unified Communications and franchise fees on all telecommunication, cable and other communication services. The 3149000 Tax 1,675,000 projection is based on actual collections in the current fiscal year. Unified Communications Tax $2,200,000 $2,000,000 $1,800,000 $1,600,000 $1,400,000 $1,200,000 C� y ti°y$\y ti° ° ti° \ma ti°y 0 -5;"y\�� Pursuant to Chapter 205, Florida Statutes, the City has adopted an ordinance imposing a business tax for the privilege of engaging in or managing any business, profession or occupation within the City. The amount budgeted is based on anticipated collections in the 3161000 City Business Tax 1,000,000 currentfiscal year. City Business Tax $1,000,000 $750,000 $500,000 $250,000 S- 94 City of Aventur General Fund-001 , Fiscal Year 2024/25 Revenue Projection Rationale Commission Object Approval Code# Category 2024/25 Comment A city may charge electric companies for the use of its rights-of-way per Florida Statutes 166.021 and 337.401. In the past, Miami-Dade County had an agreement with FPL covering the City,as well as the unincorporated areas of the County.The County Commission,via an interlocal agreement,had agreed to share these revenues with the City.On January 9,2018, the City adopted a new FPL Franchise Agreement(Ordinance No. 2018-02)which became effective in June 2020 which is anticipated to generate additional revenue for the City in FY 2021/22.The amount that has been budgeted is based on a conservative projection that was 3231000 Franchise Fee-Electric 3,950,000 prepared after a recent discussion with our FPL representative. Franchise Fee-Electric $5,000,000 $4,500,000 $4,000,000 $3,500,000 $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 A city may charge gas companies for the use of its rights-of -way per Florida Statutes 166.021 and 337.401. It is standard practice to enact a 6% fee on gross revenues. The projected amount is based on the new Peoples Gas System Agreement which was adopted 3234000 Franchise Fee-Gas 100,000 on June 11,2019(Ordinance No.2019-10). Franchise Fee-Gas $120,000 $100,000 $80,000 $60,000 $40,000 $20,000 lb\y� 95 City of Aventur General Fund-001 , Fiscal Year 2024/25 Revenue Projection Rationale Commission Object Approval Code# Category 2024/25 Comment The City issues solid waste franchises to the private sector for all areas of the City. In Franchise Fee-Solid addition a fee of 10%was adopted for the private companies to utilize the City's rights-of- 3237100 Waste 700,000 way.The amount projected is based on historical collections. Franchise Fee-Solid Waste $850,000 $800,000 $750,000 $700,000 $650,000 $600,000 $550,000 $500,000 $450,000 $400,000 The amount budgeted is based on a franchise agreement for towing services within our 3238000 Franchise Fee-Towing 20,000 corporate limits that was awarded in November 2017. This fee is representative of the costs associated with regulatory review of the installation of utilities, paving, drainage and right-of-way renovation/excavation by the City staff. The amount budgeted is conservative and considers the actual collections in the current fiscal 3291000 Engineering Permits 15,000 year and projected activity for next year. Maintenance Agreement 3344901 Payment 12,676 Funds provided by FDOT to maintain Medians and Rights-of-Way along Biscayne Boulevard. Revenues received in this category represent base cigarette tax and 8th cent motor fuel tax which are levied by the State. The portion which comes from cigarette tax is projected to approximate 82.0% for FY 2024/25 and will be deposited into the General Fund. The 3351200 State Revenue Sharing 1,325,500 remainder is deposited to the Transportation and Street Maintenance Fund. State Revenue Sharing $1,500,000 $1,300,000 $1,100,000 $900,000 $700,000 $500,000 $300,000 $100,000 96 City of Aventur General Fund-001 , Fiscal Year 2024/25 Revenue Projection Rationale Commission Object Approval Code# Category 2024/25 Comment Various alcoholic beverage license taxes are levied on manufacturers, distributors, vendors and sales agents of alcoholic beverages in the State. The tax is collected by the State and Alcoholic Beverage distributed back to the City.The City's share is approximately 38%of the proceeds of the tax 3351500 License 30,000 collected within the City. This revenue source represents '/2 of the revenue generated by the additional 1%sales tax which is distributed to counties and cities based on a per capita formula. The amount budgeted is conservative and considers the actual collections in the current fiscal year and 3351800 Half Cent Sales Tax 4,000,000 projected activity for next year. Half Cent Sales Tax $4,500,000 $4,000,000 $3,500,000 $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 lb All businesses in the City must pay a County Business Tax in addition to the City's Business Tax to operate a business within the County's corporate limits. A portion of the County's 3382000 County Business Tax 45,000 revenues are remitted to the City. County Business Tax $52,000 $50,000 $48,000 $46,000 $44,000 $42,000 $40,000 This amount represents the costs for the building insurance premiums for DSAHS that the 3413500 DSAHS Insurance 200,000 City bills to the school and is reimbursed for 3419500 Lien Search Fees 80,000 Revenue resulting from requests for City lien searches 97 City of General Fund-001 Aventura Fiscal Year 2024/25 Revenue Projection Rationale Commission Object Approval Code# Category 2024/25 Comment Estimated amount of revenue generated by off duty details provided to the City's businesses 3421100 Police Detail Billing 450,000 and condominium associations Estimated revenue to be received for the Police Officer assigned to Aventura City of Excellence School (ACES) & Don Soffer Aventura High School (DSAHS) which will be ACES&DSAHS Police reimbursed to the City by ACES&DSAHS as part of the schools FEFP&referendum funding 3421200 Officer 370,515 for security Police Services This amount represents the contractual cost to be paid by Aventura Mall for an increase in 3421300 Agreement 2,096,095 the level of policing services that was negotiated in FY 2016/17. Development Review These are fees charged to developers for costs associated with the interdepartmental review 3425000 Fees 150,000 of new development proposals such as site plans and plats. This includes non-resident fees for entering the park and user fees associated with the 3472000 Parks&Recreation Fees 700,000 various programs at Founders Park and Waterways Park 3472500 Community Center Fees 600,000 Fees charged for the various programs provided at the Community Recreation Center Membership&Guest 3473000 Fees 55,000 Membership fees and guest fees charged for use of the Community Recreation Center 3474000 Founders Day 15,000 Sponsorship to offset costs of Founders Day expenditures This represents fees charged for participants in the City's Summer Recreation Program.This revenue considers the actual collections in the current fiscal year and projected activity for 3475000 Summer Recreation 450,000 next year. This represents anticipated revenue of $200,000 from rentals and $250,000 from self 3476001 AACC Fees and Rentals 550,000 presentation tickets The City receives a portion of the revenues resulting from traffic enforcement activities within its corporate limits. The projection is conservative and based on actual revenues for the 3511000 County Court Fines 240,000 current period. Revenues in this category are generated when the owner of property within the City's 3541000 Code Violation Fines 100,000 corporate limits violates a City code. Intersection Safety Revenues generated from the Intersection Safety Camera Program. Projection is based on 3542000 Camera Program 2,749,990 conservative historical data. Investment practices are maintained to allow for 100%of available funds to be invested at all times.Determining factors in forecasting revenue for this line item are the anticipated interest 3611000 Interest Earnings 1,500,000 rate and the amount of pooled dollars available for investment. 3644200 Sale of Assets 5,000 Revenue resulting from the sale of old/obsolete and surplus assets Revenue resulting from the surcharge fees for providing credit cards to customers as a 3691101 Convience Fee 84,500 source of payment.This account has offsetting expenditures. 3699000 Misc.Revenues 20,000 Any other revenues not otherwise classified. Transfer from Building This amount represents the costs for the services that are provided to the Building Fund from 3811014 Fund 1 608,030 lthe Departments in the General Fund. Total Revenues $ 54,320,257 98 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 City Commission 99 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 100 City of City Commission Fiscal Year 2024125 Departmental Budget Summary Department Description The City Commission is the community's legislative body which acts as the decision-making entity that establishes policies and ordinances to meet the community's needs on a proactive basis. The City Commission is committed to providing the best possible professional government and the delivery of quality service levels that reflect community priorities and maintain the Iquality of life for all residents. City Commission Trends $500,000 $450,000 $400,000 $350,000 ■Other Operating Expenses $300,000 Commodities $250,000 $200,000 ■Other Charges&Services $150,000 ■ Personal Services $100,000 $50,000 Actual Amount Actual Amount Amended Budget Commission 2021/22 2022/23 2023/24 Approval2024/25 IN ir Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 1000/2999 Personal Services $ 65,301 $ 65,096 $ 148,284 $ 30,467 224,890 4000/4999 Other Charges&Services 72,212 84,259 93,032 51,410 147,897 5000/5399 Commodities 6,433 23,791 3,900 3,022 16,000 5400/5499 Other Operating Expenses 32,492 40,549 56,625 58,300 79,500 otal Expenditures $ 176,438 $ 213,695 $ 301,841 $ 143,199 468,287 101 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 102 City Commission Organization City/Commission Mayor (1) Commissioners (6) Budgeted Position Title 2021/22 2022/23 202q3/2 2024/25 Mayor 1.0 1.0 1.0 1.0 103 Commissioner 1.0 1.0 1.0 1.0 Commissioner 1.0 1.0 1.0 1.0 Commissioner 1.0 1.0 1.0 1.0 Commissioner 1.0 1.0 1.0 1.0 Commissioner 1.0 1.0 1.0 1.0 Commissioner 1.0 1.0 1.0 1.0 City of - City Commission Fiscal Year 2024/25 001-0101-511 Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 Personal 1210 Commission Salaries $ 56,906 $ 55,321 $ 55,000 $ 25,529 $ 55,000 2101 FICA 8,109 9,393 7,452 4,676 14,068 2301 Health,Life&Disability - 82 85,705 116 155,583 2401 Workers'Compensation 286 300 127 146 239 Subtotal $ 65,301 $ 65,096 $ 148,284 $ 30,467 224,890 Other Charges 4001 Travel&Per Diem $ - $ - $ 6,100 $ 7,530 $ 15,000 4030 Legislative Expenses 72,212 80,759 83,182 43,880 128,897 4650 R&M-Office Equipment - 3,500 3,750 - 4,000 Subtotal $ 72,212 $ 84,259 $ 93,032 $ 51,410 147,897 5101 Commodities Office Supplies $ 1,425 $ 1,898 $ 400 $ 496 $ 1,000 5290 Other Operating Supplies 5,008 21,893 3,500 2,526 15,000 Subtotal $ 6,433 $ 23,791 $ 3,900 $ 3,022 16,000 Other Operating Expenses 5410 Subscriptions&Memberships $ 7,191 $ 15,043 $ 17,025 $ 19,122 $ 22,000 5420 Conferences&Seminars 14,328 24,102 27,100 39,178 45,000 5981 High School Scholarship 10,973 1,404 12,500 - 12,500 Subtotal $ 32,492 $ 40,549 $ 56,625 $ 58,300 79,500 Total City Commission $ 176,438 $ 213,695 $ 301,841 $ 143,199 468,287 104 City of City Commission Fiscal Year 2024/25 Budget Justifications Commission Object Approval Code# Category 2024/25 Comment 1210 Commission Salaries $ 55,000 (1)Mayor&(6)Commissioners 2101 FICA 14,068 Social Security&Medicare taxes Estimated annual employee costs for health, dental, life & disability insurance 2301 Health,Life&Disability 155,583 benefits 2401 Workers'Compensation 239 Allocated cost of workers'compensation premiums paid Costs associated with travel to US Conference of Mayors, Miami-Dade Days in Tallahassee, FL, CSUSA Conference & any other miscellaneous trainings 4001 Travel&Per Diem 15,000 throughout the year $18,063.15 established per Commissioner to offset expenditures incurred in the 4030 Legislative Expenses 128,897 performance of their official duties Costs associated with ongoing support for the Request to Speak Solution in 4650 R&M-Office Equipment 4,000 Commission Chambers 5101 Office Supplies 1,000 Office supplies for the City Commission,i.e.business cards,etc. Costs associated with items that are not classified in another line item. i.e. food 5290 Other Operating supplies 15,000 for Commission during workshops,uniforms&etc. Memberships to the following organizations:Aventura Marketing Council, Florida League of Cities, Florida League of Mayors, Miami-Dade League of Cities, 5410 Subscriptions&Memberships 22,000 National League of Cities&other miscellaneous subscriptions&memberships Conferences & seminars with the following organizations to keep informed of changing and new developments in local government: Florida League of Cities, Miami-Dade League of Cities, US Conference of Mayors, National Schools Conference, Miami-Dade Days, Joint hosting of a Miami-Dade League of Cities Dinner with Golden Beach and Sunny Isles & miscellaneous conferences, 5420 Conferences&Seminars 45,000 seminars and dinner meetings at organizations The City Commission establishes one(1)annual scholarship for Aventura senior Krop High School students,one(1)scholarship opportunity to a senior who will be 5981 High School Scholarship 1 12,500 lattending DSAHS and$10,000 for the DSAHS Prom Total City Commission $ 468,287 105 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 106 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 Office of the City Manager 107 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 108 City of Office of the City Manager Fiscal Year 2024/25 Departmental Budget Summary Department Description The Office of the City Manager maintains a City government structure that represents the needs of the community and provides quality services in an efficient, businesslike and professional manner. Responsible for the overall management o all functions and activities of the City's operations, preparation of the annual budget and 5-year CIP document and ensures the propert implementation of policies and ordinances adopted by the City Commission. The Office of the City Manager provides recommendations and solutions to community concersn and utilizes a customer service focus process to respond Ito citizen requests. Office of the City Manager Trends $1,800,000 $1,600,000 00 $1,400,000 ` ■ Grants&Aides $1,200,000 ;0 Other Operating Expenses $1,000,000 Commodities $800,000 $600,000 Other Charges&Services $400,000 Contractual Services $200,000 ■ Personal Services Actual Amount Actual Amount Amended Budget Commission 2021/22 2022/23 2023/24 Approval 2024/25 Half Year Commission Object Actual Amount Actual Amount Amended Actual Approval Code# Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 1000/2999 Personal Services $ 843,155 $ 969,832 $ 998,969 $ 521,708 $ 1,111,642 3000/3999 Contractual Services 234,620 248,195 265,400 123,780 272,000 4000/4999 Other Charges&Services 89,703 137,068 134,585 41,367 118,100 5000/5399 Commodities 4,725 12,836 10,500 3,887 24,000 5400/5499 Other Operating Expenses 17,796 22,814 83,500 10,949 65,500 otal Operating Expenditures $ 1,189,999 $ 1,390,745 $ 1,492,954 $ 701,691 $ 1,591,242 8300/8399 Grants&Aides $ - $ - $ 140,000 $ 57,500 $ $ 1,189,999 $ 1,390,745 $ 1,632,954 $ 759,191 $ 1,591,242 109 Office of the City Manager organization Cfiart kity L • ••- AssistantiNIU- to the Manager City Manager • • .wo Manager Multimedia Specialist Budgeted Personnel Allocation Summary Position Title "202"712 2023/24 2024/25 City Manager 1.0 Assistant City Manager 1.0 Communications Manager 1.0 Secretary to the City Manager 1.0 Social Media Specialist" Multimedia Specialist(F/T) 1.0 Multimedia Specialist(P/T) 1.0 Total Full-Time 3.0 5.0 5.0 Total Part-Time mw_1 - i 1.0 Totallj m_k &o,, *This Position was budgeted,funded and allocated from within the Finance Department as the Assistant City Manager-Finance and Administration **This Position was reclassified to the Multimedia Specialist 110 City of - Office of the City Manager Fiscal Year 2024/25 Objectives 1. Provide completed reports and recommendations on a timely basis upon which the City Commission can make policy decisions. 2. Prepare and submit budget to the City Commission by mid-July of each year. 3. Oversee customer service functions by all Departments to ensure timely response or resolution of citizen requests. 4. Coordinate,control and monitor the activities of all City Departments and operations. 5. Interact with community organizations and associations to increase public awareness of City's various programs,facilities and services. 6. Update 5-year Capital Improvement Program document and submit to the City Commission by June of each year. 7. Effectively administer the budget priorities and goals established by the City Commission. 8. Perform the functions of Director of Emergency Management to provide for an effective emergency response capability for all City operations. 9. Coordinate and oversee the Aventura City of Excellence School and the Don Soffer Aventura High School operations and prepare annual budc 10. Oversee capital projects. 11. Issue annual report to the public. 12. Update and enhance the City's website to become more user-friendly. 13. Maintain City provided web content and services while addressing departmental and customer needs on cityofaventura.com, aventuracharter.org and aventuracenter.org. 14. Maintain the City's intranet in order to provide routine and timely information to City staff. 15. Coordinate an efficient communications strategy to deliver consistent messaging across the City's websites,email, print and social media to the City's customers. 16. Create, produce and coordinate the distribution of the City's periodical publications including newsletters and the annual report. Performance Measures and Scorecard City Manager's Actual Actual Projected Estimate Performance Measures Objective(s) 2021/22 2022/23 2023/24 2024/25 City Priority/Goal Citizen Requests&Inquires 3,5 221 266 281 300 Commission Requests 1 64 104 147 168 Community Meetings Attended 5 46 48 66 70 y v Agenda Back up Items Prepared 1 75 80 90 90 0 a. m M m No.of Newsletters&Reports Issued N/A 9 N/A N/A N/A <. 3 T a O ¢0 H n goo Annual Budget&CIP Prepared 2,6&7 2 2 2 2 B m 0 o U o School Budget 9 2 2 2 2 E; v 3 N 2 — o m Capital Projects 6&10 10 15 15 15 a School Advisory Committee Meetings 5 12 12 12 12 •of time www.cityofaventura.com is available 12 99% 99% 99% 99% •of time www.aventuracharter.org is available 13 99% 99% 99% 99% 111 City of Office of the City Manager Fiscal Year 2024/25 001-0501-512 Half Year Commission Object Actual Amount Actual Amount Amended Actual Approval Code# Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 Personal Services 1201 Employee Salaries $ 622,057 $ 715,096 $ 709,421 $ 382,316 $ 806,055 1401 Overtime 204 - - - - 1410 Holiday Pay 487 - - - - 2101 FICA 39,679 44,289 54,272 23,889 61,663 2201 Pension 96,792 110,769 113,332 57,988 121,167 2301 Health,Life&Disability 82,520 97,952 120,304 56,032 121,774 2401 Workers'Compensation 1,416 1,726 1,640 1,483 983 Subtotal $ 843,155 $ 969,832 $ 998,969 $ 521,708 $ 1,111,642 Contractual Services 3150 Professional Services $ - $ 6,088 $ - $ 1,400 $ - 3170 Lobbyist Services 60,000 60,000 60,000 30,180 60,000 3492 Social Media 174,620 182,107 205,400 92,200 212,000 Subtotal $ 234,620 $ 248,195 $ 265,400 $ 123,780 $ 272,000 Other Charges 4001 Travel&Per Diem $ 4,842 $ 3,901 $ 10,000 $ 1,542 $ 10,000 4041 Car Allowance 6,000 6,000 6,000 3,000 6,000 4101 Communication Services 3,398 3,784 3,625 1,775 11,500 4420 Leased Equipment - 3,713 32,060 25,596 32,100 4650 R&M-Office Equipment - - 1,900 4,404 17,500 4701 Printing&Binding 4,036 887 1,000 639 1,000 4710 Printing/Newsletter 44,545 97,847 80,000 4,411 40,000 4815 Web Page Maintenance 26,882 20,936 - - - Subtotal $ 89,703 $ 137,068 $ 134,585 $ 41,367 $ 118,100 5101 Commodities Office Supplies $ 2,239 $ 2,667 $ 2,500 $ 974 $ 3,000 5120 Computer Operating Supplies - - 2,000 669 2,000 5220 Gas&Oil - 60 - 2,016 4,000 5290 Other Operating Supplies 2,486 10,109 6,000 228 15,000 Subtotal $ 4,725 $ 12,836 $ 10,500 $ 3,887 $ 24,000 Other Operating Expenses 5410 Subscriptions&Memberships $ 5,470 $ 11,371 $ 10,000 $ 4,275 $ 10,000 5420 Conferences&Seminars 5,821 5,126 7,500 - 7,500 5441 Computer Subscriptions - 5,914 58,500 3,920 48,000 5901 Contingency 6,505 403 7,500 2,754 - Subtotal $ 17,796 $ 22,814 $ 83,500 $ 10,949 $ 65,500 Grants&Aides 8301 Other Grants and Aides $ - $ - $ 140,000 $ 57,500 $ Subtotal $ - $ - $ 140,000 $ 57,500 $ - Total City Manager $ 1,189,999 $ 1,390,745 $ 1,632,954 $ 759,191 $ 1,591,242 112 City of - Office of the City Manager Fiscal Year 2024/25 Budget Justifications Commission Object Approval Code# Category 2024/25 Comment (1) City Manager, (1)Assistant City Manager, (1)Secretary to City Manager, (1) 1201 Employee Salaries $ 806,055 Communications Manager,&(2)Multimedia Specialist(1 F/T&1 P/T) 2101 FICA 61,663 Social Security&Medicare taxes Estimated pension contribution paid by the City for each full-time General 2201 Pension 121,167 employee Estimated annual employee costs for health,dental,life&disability insurance 2301 Health,Life&Disability 121,774 benefits 2401 Workers'Compensation 983 Allocated cost of workers'compensation premiums paid Costs associated with retaining a professional lobbyist to foster the City's position 3170 Lobbyist Services 60,000 at the state and county level Costs associated with the Communications Firm monthly fee plus $20,000 for 3492 Social Media 212,000 social media incidentials Travel and per diem costs associated with attending conferences and seminars for the following organizations: Florida City and County Management Association (FCCMA), International City/County Management Association(ICMA), Miami- Dade City&County Management Association, Miami-Dade City Days&Florida 4001 Travel&Per Diem 10,000 Municipal Communicators Association(FMCA) 4041 Car Allowance 6,000 City Manager receives$500/month for a car allowance Telephone services for department personnel and services related to the City's 4101 Communication Services 11,500 PEG Channel Cost of a leased vehicle for Assistant City Manager& rental of two (2) beds at 4420 Leased Equipment 32,100 Camillus House for the year 4650 R&M-Office Equipment 17,500 Maintenance costs associated with the City's PEG channel Printing costs associated with department projects and needs,i.e. business cards, 4701 Printing&Binding 1,000 envelopes Cost of printing various documents,informational newsletters and the annual 4710 Printing/Newsletter 40,000 report to the residents 5101 Office Supplies 3,000 General office supplies for staff,i.e.pens,paper,folders,etc. 5120 Computer Operating Supplies 2,000 Costs associated with computer operating supplies,i.e.printer toner 5220 Gas&Oil 4,000 Costs associated with fuel for City vehicles and vessel(s) Costs associated with other items that are not specifically included in other line 5290 Other Operating Supplies 15,000 items,included in this special awards given by the City Manager 113 City of - Office of the City Manager Fiscal Year 2024/25 Budget Justifications Commission Object Approval Code# Category 2024/25 Comment Memberships with the following professional organizations and subscriptions: Florida City & County Manager's Association, Florida Municipal Communicators Association, Interantional City Management Association, Miami-Dade Country League of Cities, Miami-Dade County Management Association & miscellaneous 5410 Subscriptions&Memberships 10,000 subscriptions Conferences&seminars to keep informed of changing&new developments in the field of City Management,local government&personnel including the following: Florida City&County Manager's Association, Florida League of Cities, Florida Municpal Communicators Association Conference, International City 5420 Conferences&Seminars 7,500 Management Association&miscellaneous management seminars Costs associated with software subscriptions, i.e. maintaing and updating the 5441 Computer Subscriptions 48,000 City's web page and associated online services Total Office of the City Manager $ 1,591,242 114 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 Legal Department 115 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 116 City of - Legal Department Fiscal Year 2024/25 Departmental Budget Summary Department Description The Legal Department provides legal support and advice to the City Commission, City Manager, Department Directors and advisory boards on all legal issues affecting the City. Legal Department Trends $500,000 ' $450,000 $400,000 $350,000 $300,000 $250,000 Contractual Services $200,000 $150,000 $100,000 $50,000 r Actual Amount Actual Amount Amended Budget Commission 2021/22 2022/23 2023/24 Approval 2024/25 Half Year Commission Object Actual Amount Actual Amount Amended Actual Approval Code# Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 3000/3999 Contractual Services $ 383,803 $ 385,484 $ 467,500 $ 242,788 $ 500,000 Total Expenditures $ 383,803 $ 385,484 $ 467,500 $ 242,788 $ 500,000 117 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 118 City of Aventura Legal Department Fiscal Year 2024125 Objectives Ensure that the various rules, laws and requirements of state, local and federal governments are understood and 1 followed by the City. 2. Review and preparation of contracts, ordinances and resolutions. 3. Represent the City in litigation matters. 4. Provide legal support services to the City Commission, Staff and City Boards. Performance Measures and Scorecard Legal City Performance Measures Objective(s) Priority/Goal Cn Positive compliance with all rules and regulations 1,2&4 R ayi a o y Number of documents prepared 1 &2 a Q, 0 C R _ -n M Litigation is avoided or concluded to the City's satisfaction 1,2, 3&4 On n Number of meetings attended 1 &4 Iv 119 City of Aventur Legal Department , Fiscal Year 2024/25 001-0601-514 Half Year Commission Object Actual Amount Actual Amount Amended Actual Approval Code# Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 Contractual Services 3120 Prof.Services-Legal $ 383,803 $ 385,484 $ 467,500 $ 242,788 $ 500,000 Subtotal $ 383,803 $ 385,484 $ 467,500 $ 242,788 $ 500,000 Total Legal $ 383,803 $ 385,484 $ 467,500 $ 242,788 $ 500,000 120 City of - Legal Deapartment Fiscal Year 2024/25 Budget Justifications Commission Object Approval Code# Category 2024/25 Comment Estimated cost of maintaining the contracted City Attorney arrangement with the firm of Weiss Serota Helfman Cole & Bierman, P.L., to perform legal services required by the City Commission and City Manager. The hourly rate increased in FY 2024/25 to $275/hour from $250/hour in FY 2023/24. Additionally, other attorneys the City may utilize throughout the year are included in this line item as 3120 1 Prof.Services-Legal I $ 500,000 1well. Total Legal $ 500,000 121 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 122 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 ur� i� i City Clerk's Office 123 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 124 City of City Clerk's Office Fiscal Year 2024/25 Departmental Budget Summary Department Description To record and maintain an accurate record of the official actions of the City Commission and Advisory Boards. The City Clerk serves as the local Elections Supervisor, provides notice of all required meetings, effects legal advertising and responds to public records requests. The City Clerk implements and maintains records management programs and administers the publication and supplement of the City Code, as well as amendments to the City Charter. The Office maintains custody of the City Seal and all City records, assists in the preparation of agenda items, prepares and distributes agenda packages and provides recaps of applicable meetings.Additionally, the Office of the City Clerk provides certain administrative support to the City Commission and assists the City Manager's Office with special projects. City Clerk's Office Trends $600,000 $500,000 $400,000 ■Other Operating Expenses $300,000 Commodities $200,000 ■Other Charges&Services ■Personal Services $100,000 Actual Amount Actual Amount Amended Budget Commission 2021/22 2022/23 2023/24 Approval 2024/25 Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category -702021/22 2022/23 Budget2023/24 Actual2023/24 2024/25 1000/2999 Personal Services $ 306,306 $ 341,988 $ 376,143 $ 193,037 $ 460,120 4000/4999 Other Charges&Services 26,565 37,454 71,840 21,708 101,140 5000/5399 Commodities 1,672 1,700 5,750 1,333 5,750 5400/5499 Other Operating Expenses 1,685 1,541 4,750 1,989 10,950 otal Expenditures $ 336,228 $ 382,683 $ 458,483 $ 218,067 $ 577,960 125 OrganizationCity Clerk's Office Chart City Clerk Deputy City Cler Executive Assist Administrative to City Clerk Assistant I* Budgeted M qn M F2022123 42 r3124 202412 Position Title City Clerk 101I Department City of Aventur City Clerk's Office , Fiscal Year 2024/25 Objectives 1. To prepare and/or maintain accurate minutes of the proceedings of the City Commission, Local Planning Agency,and applicable Advisory Boards and other Committees of the City,as well as provide recaps of Commission and other applicable meetings. 2. To publish and post public notices as required by law. g To maintain custody of applicable City records and promulgate procedures for the orderly management, maintenance, retention,imaging and destruction of said records. 4. To provide administrative support to the City Commission, including the preparation of proclamations and certain recognition certificates. 5 To administer the publication and maintenance of the City Charter and Code of Ordinances, including amendments and approved supplements to same,as well as Resolutions adopted by the City Commission. 6. To conduct the City of Aventura municipal general and special elections in accordance with City, County and State laws. 7. To establish and coordinate the City's records management program in compliance with State law. 8. To effect legal advertising to fulfill statutory requirements of local and State laws. g To prepare and provide for the distribution of Commission meeting and other applicable meeting agenda packages, including placement of same on the City's website. 10. To respond to requests for information and public records in a timely manner. Performance Measures and Scorecard City Clerk's Actual Actual Projected Estimate City Performance Measures Objective(s) 2021/22 2022/23 2023/24 2024/25 Priority/Goal No.of Sets of Minutes Prepared/Approved 1 63 58 50 51 No.of Public Notices Prepared/Posted 2 108 96 77 66 No.of Legal Advertisements Published 2&8 29 27 18 22 y v No.of Ordinances Prepared/Enacted 5 23 17 11 12 a. M No.of Resolutions Prepared/Enacted 5 65 57 60 58 go a 3 0 v No.of Welcome Letters Prepared" 4 144 N/A N/A N/A 0 m o 0 o No.of Agenda Packages Prepared/Distributed/Posted 9 62 49 40 42 y No.of Agenda Recaps Prepared/Distributed 1 30 25 16 20 a No.of Proclamations Issued 4 38 37 20 24 No.of Records Disposition Per State Law" 3&7 418 170 316 237 No.of Commission Candidates Qualified for Election— 6 7 - 3 - "No longer done by the City Clerk's Office Amount listed in cubic feet Includes Regular&Special Elections 127 City of - City Clerk's Office Fiscal Year 2024/25 001-0801-519 Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 Personal Services 1201 Employee Salaries $ 221,800 $ 243,982 $ 255,494 $ 137,252 $ 318,935 1401 Overtime 2,371 2,102 5,000 898 5,000 2101 FICA 16,595 17,079 19,928 9,700 24,781 2201 Pension 30,963 33,572 37,481 17,728 46,578 2301 Health,Life&Disability 34,065 44,702 57,650 27,149 64,411 2401 Workers'Compensation 512 551 590 310 415 Subtotal $ 306,306 $ 341,988 $ 376,143 $ 193,037 $ 460,120 Other Charges 4001 Travel&Per Diem $ - $ - $ 2,000 $ - $ 2,000 4041 Car Allowance 6,000 6,000 6,000 3,000 6,000 4101 Communication Services 840 840 840 420 840 4701 Printing&Binding 190 72 1,500 42 1,500 4730 Records Retention 4,475 2,585 4,500 390 4,500 4740 Ordinance Codification 7,258 2,813 7,000 5,842 1,300 4911 Legal Advertising 6,636 7,672 25,000 12,014 50,000 4915 Election Expenses 1,166 17,472 25,000 - 35,000 Subtotal $ 26,565 $ 37,454 $ 71,840 $ 21,708 $ 101,140 Commodities 5101 Office Supplies $ 1,320 $ 1,700 $ 3,500 $ 950 $ 3,500 5120 Computer Operating Supplies - - 500 - 500 5290 Other Operating Supplies 352 - 1,750 383 1,750 Subtotal $ 1,672 $ 1,700 $ 5,750 $ 1,333 $ 5,750 Other Operating Expenses 5410 Subscriptions&Memberships $ 1,460 $ 1,258 $ 2,050 $ 1,914 $ 2,050 5420 Conferences&Seminars 225 283 2,700 75 2,700 5441 Computer Subscriptions - - - - 6,200 Subtotal $ 1,685 $ 1,541 $ 4,750 $ 1,989 $ 10,950 Total City Clerk $ 336,228 $ 382,683 $ 458,483 $ 218,067 $ 577,960 128 City of - City Clerk's Office Fiscal Year 2024/25 Budget Justifications Commission Object Approval Code# Category 2024/25 Comment (1) City Clerk, (1) Deputy City Clerk (budgeted beginning in April 2025), (1) Executive Assistant to City Clerk& (1)Administrative Assistant I (Allocated 50% 1201 Employee Salaries $ 318,935 with the Community Services Department) 1401 Overtime 5,000 Estimated overtime costs 2101 FICA 24,781 Social Security&Medicare taxes Estimated pension contribution paid by the City for each full-time General 2201 Pension 46,578 employee Estimated annual employee costs for health, dental, life & disability insurance 2301 Health,Life&Disability 64,411 benefits 2401 Workers'Compensation 415 Allocated cost of workers'compensation premiums paid Provides for attendance at the International Institute of Municipal Clerks Conference, Florida Association of City Clerks Conferences, Florida League of 4001 Travel&Per Diem 2,000 Cities Conference,and other professional educational opportunities 4041 Car Allowance 6,000 Department Directors receive$500/month for a car allowance 4101 Communication Services 840 Telephone services for department personnel Costs associated with the preparation of agendas,manuals,and any other 4701 Printing&Binding 1,500 necessary published materials Costs associated with the imaging of records to maintain the records management program, as well as those items associated with storage and 4730 Records Retention 4,500 preservation of records Additional costs associated with the official codification of City Ordinances and 4740 Ordinance Codification 1,300 Charter Amendments not covered by the annual subscription Costs incurred to satisfy legal requirements of Florida State Statutes, the Miami- 4911 Legal Advertising 50,000 Dade County Code and the City of Aventura Code Costs associated with the November 5,2024 Municipal General Election,as well 4915 Election Expenses 35,000 as any special elections scheduled during the fiscal year 5101 Office Supplies 3,500 General supplies for the operation of the City Clerk's Office 5120 Computer Operating Supplies 500 Costs associated with computer supplies,i.e.printer toner 5290 Other Operating Supplies 1,750 Other items not covered under general office supplies Subscriptions for The Miami Herald and The Daily Business Review publications as well as memberships with professional organizations such as but not limited to: Florida Association of City Clerks, International Institute of Municipal Clerks,and 5410 Subscriptions&Memberships 2,050 the Miami-Dade County Municipal Clerks Association 129 City of City Clerk's Office Fiscal Year 2024/25 Budget Justifications Commission Object Approval Code# Category 2024/25 Comment Provides for attendance at the International Institute of Municipal Clerks Conference, Florida Association of City Clerks Conferences, Florida League of 5420 Conferences&Seminars 2,700 Cities Conference,and other professional educational opportunities Costs associated with the subscription service for official codification of City 5441 1 Computer Subscriptions 1 6,200 l0rdinances and Charter Amendments Total City Clerk's Office $ 577,960 130 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 Finance Department 131 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 132 City of Finance Department Fiscal Year 2024/25 Departmental Budget Summary Department Description The Finance Department provides overall financial and support services to the organization which includes accounting, cash ,management, purchasing,financial planning and budgetary control. Finance Department Trends $1,250,000 $1,200,000 Mm $1,150,000 Other Operating Expenses $1,100,000 Commodities ■Other Charges&Services $1,050,000 Contractual Services $1,000,000 ■ Personal Services $950,000 $900,000 Actual Amount Actual Amount Amended Budget Commission 2021/22 2022/23 2023/24 Approval 2024/25 Commission Object Actual Amount Actual Amount Amended Half Year Actual Approval Code# Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 1000/2999 Personal Services $ 1,088,327 $ 1,031,878 $ 1,063,834 $ 519,254 $ 1,107,967 3000/3999 Contractual Services 52,396 55,377 74,200 39,883 66,600 4000/4999 Other Charges&Services 30,945 15,523 24,840 8,793 25,460 5000/5399 Commodities 5,477 3,745 7,500 1,285 7,500 5400/5499 Other Operating Expenses 33,525 16,401 20,825 4,917 17,575 Total Expenditures $ 1,210,670 $ 1,122,924 $ 1,191,199 $ 574,132 $ 1,225,102 133 FinanceDepartment Organizatidn Finance Direc Mai PurchasingPurchasing Agent Accountant (2) Customer Service Representative II BudgetedTotal 7.71 MMM Assistant City Manager-Finance and Administration - - - Finance Director 1.0 1.0 1.0 Controller 1.0 1.0 1.0 Budget Manager - 1.0 1.0 1.0 Purchasing Agent 1.0 1.0 1.0 1.0 Human Resource Manager* 1.0 - - - Accountant Customer Service Representative II 1.0 1.0 1.0 1.0 Budgeted .. City of - Finance Department Fiscal Year 2024/25 Objectives 1. Invest idle funds in accordance with the City's Investment Policy 100%of the time. 2. Issue Annual Comprehensive Financial Report("Annual Report")by March 31st of each year. 3 Obtain Government Finance Officers Association's Certificate of Achievement for Excellence in Financial Reporting for the Annual Report each year. 4 Obtain Government Finance Officers Association's Distinguished Budget Presentation Award for the City's Annual Operating and Capital Budget each year. 5 Obtain Government Finance Officers Association Popular Annual Financial Reporting Award for the Popular Annual Financial Report each year. 6. Produce/distribute quarterly financial monitoring reports within 30 days of quarter-end. 7. Annually review adequacy of purchasing procedures. 8. Issue purchase orders within two(2)business days of approval. 9. Process all invoices within ten(10)business days of approval. 10. Process bi-weekly payroll/related reports in a timely and accurate manner. Performance Measures and Scorecard Finance Actual Actual Projected Estimate city Performance Measures Objective(s) 2021/22 2022/23 2023/24 2024/25 Priority/Goal %of idle funds invested in accordance with policy 1 100% 100% 100% 100% Number of Annual Reports issued prior to 3/31 2 1 1 1 1 Number of GFOA Awards received 3,4&5 3 3 3 3 m to � Number of quarterly reports produced timely 6 4 4 4 4 m m 90 m v Annually review purchasing procedures 7 1 2 2 1 c v o) Go v o %of purchase orders issued within 2 days 8 98% 98% 99% 99% 0 Y y %of invoices processed within 10 days 9 99% 99% 99% 99% � a Number of bi-weekly payroll processed timely 10 26 26 26 26 Assist the City Manager in the development,preparation and administration of the City's Annual Budget,Capital Improvement Program and the ACES and the DSAHS Budgets 4 4 4 4 4 135 City of Finance Department Fiscal Year 2024/25 001-1001-513 Commission Object Actual Amount Actual Amount Amended Half Year Actual Approval Code# Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 Personal Services 1201 Employee Salaries $ 804,720 $ 738,356 $ 749,491 $ 369,796 $ 786,966 2101 FICA 55,147 54,659 57,336 26,336 60,203 2201 Pension 102,244 107,360 109,325 51,603 113,530 2301 Health,Life&Disability 124,411 129,823 145,951 70,699 146,245 2401 Workers'Compensation 1,805 1,680 1,731 820 1,023 Subtotal $ 1,088,327 $ 1,031,878 $ 1,063,834 $ 519,254 $ 1,107,967 Contractual Services 3180 Medical Exams-New Employees $ 1,075 $ - $ - $ - $ - 3190 Professional Services 4,621 3,011 14,200 11,633 4,600 3201 Professional Services-Auditor 46,700 52,366 60,000 28,250 62,000 Subtotal $ 52,396 $ 55,377 $ 74,200 $ 39,883 $ 66,600 Other Charges 4001 Travel&Per Diem $ 4,774 $ 4,604 $ 7,500 $ 3,802 $ 8,120 4041 Car Allowance 5,839 6,000 6,000 3,000 6,000 4101 Communication Services 1,436 840 840 420 840 4650 R&M-Office Equipment (7,135) - - - - 4701 Printing&Binding 3,399 2,578 3,500 1,366 3,500 4910 Advertising 22,632 1,501 7,000 205 7,000 Subtotal $ 30,945 $ 15,523 $ 24,840 $ 8,793 $ 25,460 5101 Commodities Office Supplies $ 4,067 $ 2,458 $ 4,000 $ 1,285 $ 4,000 5120 Computer Operating Supplies 150 471 2,000 - 2,000 5290 Other Operating Supplies 1,260 816 1,500 - 1,500 Subtotal $ 5,477 $ 3,745 $ 7,500 $ 1,285 $ 7,500 Other Operating Expenses 5410 Subscriptions&Memberships $ 26,666 $ 4,057 $ 5,225 $ 870 $ 5,975 5420 Conferences&Seminars 5,730 4,844 3,600 3,259 6,100 5441 Computer Subscriptions - 6,500 10,000 - 5,000 5450 Training 1,129 632 1,500 630 - 5901 Contingency - 368 500 158 500 Subtotal $ 33,525 $ 16,401 $ 20,825 $ 4,917 $ 17,575 Total Finance $ 1,210,670 $ 1,122,924 $ 1,191,199 $ 574,132 $ 1,225,102 136 City of - Finance Department Fiscal Year 2024/25 Budget Justifications Commission Object Approval Code# Category 2024/25 Comment (1)Finance Director,(1)Controller,(1)Budget Manager,(1)Purchasing Agent,(2) 1201 Employee Salaries $ 786,966 Accountant&(1)Customer Service Representative II 2101 FICA 60,203 Social Security&Medicare taxes Estimated pension contribution paid by the City for each full-time General 2201 Pension 113,530 employee Estimated annual employee costs for health,dental,life&disability insurance 2301 Health,Life&Disability 146,245 benefits 2401 Workers'Compensation 1,023 Allocated cost of workers'compensation premiums paid The cost related to the transport of the City's bank deposits by an armored courier 3190 Professional Services 4,600 service The cost of an audit firm to perform the City's year-end financial audit (including any State and Federal Single Audits), in addition to any other audit-related 3201 Professional Services-Auditor 62,000 services that the City may require The costs associated with employees to attend conferences and seminars in order maintain professional designations and to remain current in their respective field: Florida Association of Public Procurement Officer, Florida Government Finance Officers Association,Government Finance Officers Association, National Institute of Governmental Procurement,South Florida Government Finance 4001 Travel&Per Diem 8,120 Officers Association&any other miscellaneous trainings throughout the year 4041 Car Allowance 6,000 Department Directors receive$500/month for a car allowance 4101 Communication Services 840 Includes telephone services for department personnel 4701 Printing&Binding 3,500 Printing of various office supplies,i.e.envelopes 4910 Advertising 7,000 Includes the cost of advertising all bid and RFP notices 5101 Office Supplies 4,000 General office supplies for the department 5120 Computer Operating Supplies 2,000 Estimated costs of computer operating supplies that may be needed in the year 5290 Other Operating Supplies 1,500 Operating supplies required for Finance-related equipment and operations 137 City of - Finance Department Fiscal Year 2024/25 Budget Justifications Commission Object Approval Code# Category 2024/25 Comment Includes the cost to fund memberships to the following organizations:American Institute of Certified Public Accountants,American Payroll Association, Florida Association of Public Procurement Officer, Florida City&County Manager's Association, Florida Government Finance Officers Association, Florida Institute of Certified Public Accountants,Government Finance Officers Association, National Contract Management Association, National Institute of Governmental Procurement&South Florida Government Finance Officers Association. Additionally to costs for the following GFOA awards are included in this line item: Certificate of Achievement in Financial Reporting, Distinguished Budget Presentation Award&Popular Annual Financial Report&costs for the Certified Government Finance Officer(CGFO)application,review courses&exam for(1) 5410 Subscriptions&Memberships 5,975 Accountant. Includes the cost to maintain professional designations as well as educate and inform staff of the latest developments and trends in their respective field: Florida Association of Public Procurement Officer, Florida Government Finance Officers Association, Government Finance Officers Association, National Institute of Government Procurement & South Florida Government Finance Officers 5420 Conferences&Seminars 6,100 Association 5441 Computer Subscriptions 5,000 Subscription to Debt Book for lease&intangible subscription 5901 Contingency 500 Funds for incidential and unexpected items that may come up throughout the year Total Finance $ 1,225,102 138 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 Human Resources Department 139 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 140 City of Human Resources Department Fiscal Year 2024/25 Departmental Budget Summary Department Description Formerly included as part of the Finance Department, the Human Resources Department was created in FY 2022123 and provides overall financial and support services to the organization which includes personnel management and risk management. Human Resources Department Trends $450,000 $400,000 $30,000 $300,000 Other Operating Expenses $250,000 � � Commodities $200,000 Other Charges&Services $150,000 Contractual Services $100,000 ■ Personal Services $50,000 Actual Amount Actual Amount Amended Budget Commission 2021/22 2022/23 2023/24 Approval 2024/25 'Human Resources was budgeted in Finance in FY 2020/21 &FY 2021/22 Commission Object Actual Amount Actual Amount Amended Half Year Actual Approval Code# Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 1000/2999 Personal Services $ 153,713 $ 177,325 $ 84,827 $ 244,822 3000/3999 Contractual Services 3,544 7,500 3,119 9,550 4000/4999 Other Charges&Services 57,948 67,140 29,456 71,320 5000/5399 Commodities 293 2,500 594 2,500 5400/5499 Other Operating Expenses 3,722 45,640 46,505 90,855 tal Expenditures $ - 219,220 $ 300,105 $ 164,501 $ 419,047 141 Human Resources Department Organization Chart Human • Budgeted Personnel Allocation Summary Position Title 11021MI22 2022/23 2023/24 2024/2 Human Resources Director* Human Resources Specialist"" Human Resources Assistant Human Resources Assistant(P/T)*** Human Resources Manager" noTotal Full-Time - 1.0 1.0 W qW Total Part-Time - - 1.0 &otal� - 1.0 2.0 2.0 *Human Resources Manager was promoted to Human Resources Director 1/1/2023 **Previously budgeted in the Finance Department Human Resources Assistant changed to full-time 10/1/2024 *Human Resources Assisstant reclassified as Human Resources Specialist 4/1/2025 142 City of - Human Resources Fiscal Year 2024/25 Objectives 1. Maintain an effective personnel system to allow for timely recruitment and retention of employees. 2. Partner with departments to provide guidance and consultation on human resources matters. 3. Audit human resources practices and processes to ensure efficiency and compliance with state and federal laws. 4. Prepare and maintain the comprehensive pay plan to ensure competitiveness with the job market. 5. Automate and support the entire employee life cycle,streamlining processes and diversity initiatives. 6. Annually review adequacy of insurance coverage. 7 Work closely with all departments in an effort to protect the City's financial, physical, and human resources in connection with occupational health and safety, loss control, claims management, insurance and risk. Performance Measures and Scorecard Human Resources Actual Actual Projected Estimate city Performance Measures Objective(s) 2021/22 2022/23 2023/24 2024/25 Priority/Goal (n Annual staff development and training 2 N/A 5 3 3 to � N n Annually review adequacy of insurance coverage 6 1 1 1 1 m m GD m Employee Engagement Events 1 &5 N/A 16 7 10 S c go v o Number of New Hires—Full-time 1 &4 19 31 27 23 0. 0 Y O (n 2 Number of New Hires—Part-time 1 &4 11 9 7 13 a Workers Comp Claims filed 2,6&7 74 18 56 49 143 City of - Human Resources Department Fiscal Year 2024/25 001-1101-513 Commission Object Actual Amount Actual Amount Amended Half Year Actual Approval Code# Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 Personal Services 1201 Employee Salaries $ $ 115,918 $ 135,512 $ 64,734 $ 177,128 1401 Overtime - - - 500 2101 FICA 9,189 10,367 5,148 13,589 2201 Pension 16,500 17,675 8,387 26,150 2301 Health,Life&Disability 11,839 13,458 6,408 27,225 2401 Workers'Compensation 267 313 150 230 Subtotal $ $ 153,713 $ 177,325 $ 84,827 $ 244,822 Contractual Services 3180 Medical Exams-New Employees $ $ 654 $ 4,500 $ 2,666 $ 4,500 3190 Professional Services 2,890 3,000 453 5,050 Subtotal $ $ 3,544 $ 7,500 $ 3,119 $ 9,550 Other Charges 4001 Travel&Per Diem $ $ 2,786 $ 6,000 $ 2,722 $ 7,000 4041 Car Allowance 4,500 6,000 3,000 6,000 4101 Communication Services 780 840 420 1,020 4650 R&M-Office Equipment 7,135 2,000 - - 4701 Printing&Binding 202 1,000 1,325 1,000 4801 Employee Engagement Programs 23,237 31,000 15,663 36,000 4910 Advertising 19,308 20,300 6,326 20,300 Subtotal $ $ 57,948 $ 67,140 $ 29,456 $ 71,320 •5101, Office Supplies $ $ 293 $ 2,000 $ 594 $ 2,000 5120 Computer Operating Supplies - 500 - 500 Subtotal $ $ 293 $ 2,500 $ 594 $ 2,500 Other Operating Expenses 5410 Subscriptions&Memberships $ $ 782 $ 640 $ 634 $ 955 5420 Conferences&Seminars 2,845 5,500 3,398 5,700 5441 Computer Subscriptions - 35,500 42,473 78,000 5450 Training 95 3,500 - 5,200 5901 Contingency - 500 - 1,000 Subtotal $ $ 3,722 $ 45,640 $ 46,505 $ 90,855 Total Human Resources $ $ 219,220 $ 300,105 $ 164,501 $ 419,047 144 City of - Human Resources Department Fiscal Year 2024/25 Budget Justifications Commission Object Approval Code# Category 2024/25 Comment (1) Human Resources Director, (.5) Human Resources Specliast & (.5) Human Resources Assistant (from 10/1/24 - 3/31/25 (1) HR Assistant & from 4/1/25 - 1201 Employee Salaries $ 177,128 9/30/25(1)HR Specialist) 1401 Overtime 500 Estimated overtime costs 2101 FICA 13,589 Social Security&Medicare taxes Estimated pension contribution paid by the City for each full-time General 2201 Pension 26,150 employee Estimated annual employee costs for health, dental, life & disability insurance 2301 Health,Life&Disability 27,225 benefits 2401 Workers'Compensation 230 Allocated cost of workers'compensation premiums paid Medical Exams-New 3180 Employees 4,500 Background screenings and pre-employment drug testing Cost related to contracting a temporary human resources assistant for events and scanning projects as well as the administrative fee for the City's Flexible Spending 3190 Prof.Services 5,050 Account(FSA)plan Costs associated with employees to attend conferences and seminars in order to maintain professional designations and to remain current in their respective field: HR Florida Conference& Expo, Public Risk Management Conference, Society for Human Resources Management National Conference, Public Service Human 4001 Travel&Per Diem 7,000 Resources Association Conference&NEOGOV Conference 4041 Car Allowance 6,000 Department Directors receive$500/month for a car allowance 4101 Communication Services 1,020 Telephone services for department personnel 4701 Printing&Binding 1,000 Printing of flyers for employee events and business cards Cost of engagement programs for City employees: Employee Appreciation Day, Employee Health fair, Employee Outing, Halloween Employee Event, Holiday Luncheon, Intern Appreciation Luncheon, Recruitment Promo Items, Take Your 4801 Employee promotional events 36,000 Child to Work Day&Thanksgiving Luncheon 4910 Advertising 20,300 Cost of advertising employment opportunity notices and fees to attend job fairs 5101 Office Supplies 2,000 General office supplies 5120 Computer Operating Supplies 500 Costs of toner and other computer supplies 145 City of - Human Resources Department Fiscal Year 2024/25 Budget Justifications Commission Object Approval Code# Category 2024/25 Comment Cost to fund memberships and subscriptions to professional organizations for department personnel: Florida Public Human Resources Association, Inc., Greater Miami Society for Human Resources, Human Resources Association of Broward County, International Public Management Association for Human 5410 Subscriptions&Memberships 955 Resources&Society for Human Resources Management Cost to maintain professional designations as well as educate and inform staff of the latest developments and trends in the Human Resources/Risk field:Akerman Labor&Employment Law Seminar, Florida Public Human Resources Association Annual Conference, HR Florida Conference&Expo, International Public Management Association,Society for Human Resource Management National Conference, NEOGOV conference&other personnel related conferences& 5420 Conferences&Seminars 5,700 seminars Costs related to the hosted application used by Human Resources to automate recruitment, onboarding, forms, performance management process, learning management software subscription as well as costs for pre-employment testing 5441 Computer Subscriptions 78,000 suite and Govinvest-a subscription based service for salary comparisions Staff training;included in this amount is the SHRM Certification Course&Exam 5450 Training 5,200 for HR Assistant/Specialist 5901 Contingency 1,000 Funds for incidential and unexpected items that may come up throughout the year Total Human Resources $ 419,047 146 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 Information Technology Department 147 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 148 City of Information Technology Department Fiscal Year 2024/25 Departmental Budget Summary Department Description The Information Technology Department provides a secure computing environment that allows for efficient processing of City related business. Information Technology Department Trends $1,400,000 � $1,200,000 AMEML- $1,000,000 ■Other Operating Expenses $800,000 Commodities $600,000 ■Other Charges&Services $400,000 Contractual Services ■Personal Services $200,000 Actual Amount Actual Amount Amended Budget Commission 2021/22 2022/23 2023/24 Approval 2024/25 Commission Object Actual Amount Actual Amount Amended Half Year Actual Approval Code# Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 1000/2999 Personal Services $ 774,895 $ 891,710 $ 840,938 $ 308,819 $ 758,279 3000/3999 Contractual Services 9,777 7,223 15,000 723 15,000 4000/4999 Other Charges&Services 304,345 299,207 404,510 138,922 183,760 5000/5399 Commodities 13,026 7,550 18,000 544 12,000 5400/5499 Other Operating Expenses 4,922 5,744 8,700 22,194 281,500 Total Expenditures $ 1,106,965 $ 1,211,434 $ 1,287,148 $ 471,202 $ 1,250,539 149 Information Technology Department Organization Chart information Te • •• Director Project 6Lanager***** IT O•-ratio •- Manager* Senior •rk Network Administrator" Administrator' SupportIT Specialist"" Budgeted Personnel Allocation Summary Position Title F2022123 2023/24 2024/25 Information Technology Director Assistant IT Director IT Operations/Cybersecurity Manager* Senior Network Administrator" Network Administrator"* IT Support Specialist**** Project Manager***** Total 5.0 5.0 5.0 6.0 *IT Operations Manager renamed during FY 2023/24 to add Cybersecurity **Network Administrator II renamed during FY 2023/24 to Senior Network Administrator ***Network Administrator I renamed during FY 2023/24 to Network Administrator ****IT Support/Project Specialist renamed during FY 2023/24 to IT Support Specialist *****Project Manager to be paid with American Rescue Plan Act("ARPA")Funds through 1213112026 150 City of - Information Technology Fiscal Year 2024/25 Objectives 1. Provide a secure computer network for applications,sharing of common files,email,etc.for City staff. 2. Provide a central computer system that serves the information management needs of all departments. 3. Provide help desk support and services to all City staff. 4. Develop a 3 to 5-year replacement cycle for computing equipment. 5. Expand E-Government applications and services. 6. Provide training on computer applications and computer-related topics. Performance Measures and Scorecard Information Technology Actual Actual Projected Estimate city Performance Workload Indicators Objective(s) 2021/22 2022/23 2023/24 2024/25 Priority/Goal %of time computer network is operational 4 99% 99% 99% 99% y m %of time ACES computer network is operational 4 99% 99% 99% N/A v p p 0' m v Number of workstations supported 3,5,6&8 1,690 1,690 1,600 1,600 -n a S. r Number of physical servers supported 1,2&4 20 20 20 20 9: o E. oNumber of virtual servers supported 1,2&4 38 44 46 50 y Number of help desk support cases 5 5,781 6,111 5,514 6,000 a Number of training sessions held 8 4 4 4 4 151 City of Information Technology Department Fiscal Year 2024/25 001-1201-513 on Commission Object Actual Amount Actual Amount Amended Half Year Actual Approval Code# Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 Personal Services 1201 Employee Salaries $ 551,873 $ 660,410 $ 583,262 $ 212,625 $ 523,322 2101 FICA 39,230 44,388 44,620 15,924 40,034 2201 Pension 76,026 76,293 83,519 29,244 74,758 2301 Health, Life&Disability 106,517 109,158 128,190 50,548 119,485 2401 Workers'Compensation 1,249 1,461 1,347 478 680 Subtotal $ 774,895 $ 891,710 $ 840,938 $ 308,819 $ 758,279 Contractual Services 3190 Professional Services $ 9,777 $ 7,223 $ 15,000 $ 723 $ 15,000 Subtotal $ 9,777 $ 7,223 $ 15,000 $ 723 $ 15,000 Other 4001 Travel&Per Diem $ 2,273 $ 5,119 $ 9,200 $ 2,338 $ 9,000 4041 Car Allowance 6,000 4,870 6,000 2,760 6,000 4101 Communication Services 6,797 7,344 8,260 3,042 8,260 4650 R&M-Office Equipment 266,821 256,141 350,750 130,455 160,000 4701 Printing&Binding 106 72 - 327 500 4852 Email Hosting Services 22,348 25,661 30,300 - - Subtotal $ 304,345 $ 299,207 $ 404,510 $ 138,922 $ 183,760 •5101, Office Supplies $ 1,096 $ 808 $ 2,000 $ 263 $ 2,000 5120 Computer Operating Supplies 11,930 6,742 16,000 281 10,000 Subtotal $ 13,026 $ 7,550 $ 18,000 $ 544 $ 12,000 Other Operating Expenses 5410 Subscriptions&Memberships $ 521 $ 920 $ 1,400 $ 300 $ 1,400 5420 Conferences&Seminars 899 828 2,300 379 2,300 5441 Computer Subscriptions - - - 17,769 271,300 5450 Training 3,502 3,996 5,000 3,746 6,500 Subtotal $ 4,922 $ 5,744 $ 8,700 $ 22,194 $ 281,500 Total Information Technology $ 1,106,965 $ 1,211,434 $ 1,287,148 $ 471,202 $ 1,250,539 152 City of - Information Technology Department Fiscal Year 2024/25 Budget Justifications Commission Object Approval Code# Category 2024/25 Comment (1) Information Technology Director, (1) Operations/Cybersecurity Manager, (1) Senior Network Administrator, (1) Network Administrator & (1) IT Support 1201 Employee Salaries $ 523,322 Specialist 2101 FICA 40,034 Social Security&Medicare taxes Estimated pension contribution paid by the City for each full-time General 2201 Pension 74,758 employee Estimated annual employee costs for health,dental,life&disability insurance 2301 Health,Life&Disability 119,485 benefits 2401 Workers'Compensation 680 Allocated cost of workers'compensation premiums paid Costs associated with utilizing professional services for the City's technoloy, 3190 Professional Services 15,000 security and applications Costs of employees attending conferences and seminars in order to stay current in their field: Central Square User Training, Educational Technology Conference, FDLE CJIS Training Symposium, Florida Local Government Information Systems 4001 Travel&Per Diem 9,000 Association&other conferences,trainings&seminars 4041 Car Allowance 6,000 Department Directors receive$500/month for a car allowance 4101 Communication Services 8,260 Telephone and wireless data access for department personnel Maintenance and support for hardware and associated software,alongside other significant hardware maintenance contracts,including networking equipment, 4650 R&M-Office Equipment 160,000 security solutions,and backup solutions Costs associated with printing items for department,i.e.business cards&training 4701 Printing&Binding 500 posters 5101 Office Supplies 2,000 Office supplies for staff Cost of minor supplies such as UPS, eternal storage, multi-factor authentication 5120 Computer Operating Supplies 10,000 tokens,Webacams, Printers&etc.to maintain existing systems Memberships with professional organizations and subscriptions: Florida Association of Educational Data Systems, Florida Local Government Information 5410 Subscriptions&Memberships 1,400 Systems Association&technical resource subscriptions Funding to keep informed of changing and new developments in the field of local government information technology, communications and personnel as follows: Central Square User Training Conferences, Educational Technology Conferences, FDLE CJIS Training Symposium, Florida Local Government Information Systems Association & other computer related courses for 5420 Conferences&Seminars 2,300 certification and seminars The recurring cost associated with the industry's emerging change from a perpetual licensing model to a subscription model. Included in this are the costs 5441 1 Computer Subscriptions 1 271,300 lassociated with providing e-mail,virus protection and spam filtering for City staff. 153 City of - Information Technology Department Fiscal Year 2024/25 Budget Justifications Commission Object Approval Code# Category 2024/25 Comment Ongoing training for all personnel in the department including classes towards 5450 Training 6,500 certification Total Information Technology $ 1,250,539 154 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 Police Department 155 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 156 City of Police Department Fiscal Year 2024/25 Departmental Budget Summary Department Description The Police Department is professional,full service and community-oriented. The Department responds to all calls for service in a timely and professional manner and ensures that all crimes are thoroughly investigated and those who are arrested are successfully prosecuted. The Police Department interacts with the community and creates partnerships that enhance la enforcement,crime prevention and quality of life issues. Police Department Trends $30,000,000 $25,000,000 ■ Debt Service $20,000,000 Other Operating Expenses $15,000,000 Commodities $10,000,000 ■Other Charges&Services Contractual Services $5,000,000 ■ Personal Services Actual Amount Actual Amount Amended Budget Commission 2021/22 2022/23 2023/24 Approval 2024/25 Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 1000/2999 Personal Services $ 20,063,513 $ 20,115,787 $ 21,858,731 $ 10,545,753 $ 22,906,654 3000/3999 Contractual Services 796,877 839,395 815,000 454,650 890,000 4000/4999 Other Charges&Services 1,099,374 1,141,647 887,075 315,336 957,850 5000/5399 Commodities 626,667 568,115 697,500 278,371 687,500 5400/5499 Other Operating Expenses 66,265 66,923 450,100 263,090 636,340 Total Operating Expenditures $ 22,652,696 $ 22,731,867 $ 24,708,406 $ 11,857,200 $ 26,078,344 7000/7999 Debt Service $ - $ 68,627 $ - $ - $ 68,630 Total Expenditures $ 22,652,696 $ 22,800,494 $ 24,708,406 $ 11,857,200 $ 26,146,974 157 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 158 Police . partment Organization Ch• aQolice De 159 a � ' Florida Chief of Police Deputy Chief Of Police Internal Affairs Staff inspection/ Accreditation Executive Assistant Administrative Operations Specialized Services Services Major Major Major Captain(2) Captain(1) Sergeant(1) Sergeant(10) Sergeant(1) Officer(2) Officer(55) Detective(9) 911 Manager Community Policing Officer(2) Property Room/ Comm Supervisor(4) Marine Patrol (N/A) Crime Scene Supervisor Comm Officer III (4) Police Service Aide(4) Crime Scene/Property Room Comm Officer II (3) School Resource Officer(2) Custodian II Comm Officer(4) * (1)Allocated to ACES Crime Scene/Property Room Records Manager * (1)Allocated to DSAHS Custodian I Records Clerk(3) Crime Prevention Coordinator Administrative Assistant III Records Supervisor Traffic Officer(5) Task Force Detective(3) Fleet Mgr/Quartermaster Emergency Vehicle Technician Fleet Maintenance Worker Personnel/Training Specialist(2) BudgetedPolice Department Chief of Police 1.0 1.0 1.0 Public Records Specialist was reclassified to Records Supervior in FY 2024/25 160 Deputy Chief of Police - - - 1.0 Major 3.0 3.0 3.0 3.0 Captain 5.0 5.0 5.0 3.0 Sergeant 13.0 13.0 13.0 12.0 Detective 11.0 12.0 12.0 12.0 Police Officer 59.0 60.0 61.0 66.0 Crime Prevention Coordinator 1.0 1.0 1.0 1.0 Property Room/Crime Scene Supervisor 1.0 1.0 1.0 1.0 Crime Scene/Property Room Custodian II 1.0 1.0 1.0 1.0 Crime Scene/Property Room Custodian I 1.0 1.0 1.0 1.0 Police Service Aide 4.0 4.0 4.0 4.0 Records Manager 1.0 1.0 1.0 1.0 Records Clerk 3.0 3.0 3.0 3.0 Public Records Specialist* 1.0 1.0 1.0 - Records Supervisor 1.0 911 Manager 1.0 1.0 1.0 1.0 Police Communication Supervisor 3.0 4.0 4.0 4.0 Police Communication Officer III 6.0 4.0 4.0 4.0 Police Communication Officer II 2.0 1.0 3.0 3.0 Police Communication Officer 5.0 6.0 4.0 4.0 Executive Assistant 1.0 1.0 1.0 1.0 Administrative Assistant III 2.0 1.0 1.0 1.0 Personnel&Training Specialist 2.0 2.0 2.0 2.0 Fleet Manager/Quartermaster 1.0 1.0 1.0 1.0 Emergency Vehicle Technician 1.0 1.0 1.0 1.0 Fleet Maintenance Worker 1.0 1.0 1.0 1.0 City of Aventura Police Department Fiscal Year 2024/25 Objectives 1. Workforce Initiative: Develop and retain a quality workforce. Enhance employee competency and cultivate new leadership. Plan for anticipated personnel openings by continuing with an established national recruitment plan. Engage highly qualified applicants who will meet or exceed our department's rigorous recruitment standards. Enhance leadership and decision-making skills for all supervisory personnel through recurring training in critical incident management and incident based command systems. Develop internal and external strategies to prepare for upcoming special events and potential uncertainties. 2. School Safety Initiative: Provide preparedness training to all current and incoming school employees to assist them during school threats. Specific training will cover: active shooters, IED/bomb recognition, handling violent occurrences and critical incident management protocols. Launch additional student-centered school safety programs that focus on protection,engagement and education at DSAHS. (DARE, Driving, Police Explorers, Student-led Police Club and Social Media Safety). Expand and integrate new school safety technology. Continue testing and training with our current security measures to ensure an effective police response during critical incidents. 3. Internal Departmental Efficiency Initiative: Organizational restructuring to prioritize efficiency, accommodate evolving priorities and enhance effectiveness of policing for the community that we serve. Prioritize in-service training that will ensure compliance with state and national mandates. 4. Community Outreach Initiative: Expand the outreach of our Crime Prevention Division to improve citizen-based safety awareness and strategies for fighting crime and enhancing quality of life for all Aventura residential communities, businesses and schools. Host additional town hall events specifically tailored to our residential and business communities. Continue to conduct ongoing customer service surveys of residents, businesses and victims of crimes to improve our resource allocation and decision making. Recruit,train and retain additional volunteers to assist with crime prevention programs. Enhance relationships with the community through police department initiated events and guidance from the Community Advisory Panel. 5. Public Relations Initiatives: Ongoing communication with residents regarding COVID-19 pandemic, public safety,traffic conditions and community events by engaging local social networking platforms to assist in timely and easily accessible information. Recruit and train additional staff in public relations and the proper utilization of social media platforms for law enforcement agencies. Utilize effective social media content to promote the department's image and enhance outreach. 161 City of - Police Department Fiscal Year 2024/25 Objectives 6. Traffic Safety Initiatives: Continue with strategies that have reduced the number of traffic crashes and fatalities throughout the City. Work with internal and external Aventura stakeholders(governmental agencies, businesses,tourists and residents)to address traffic flow issues along the Biscayne Boulevard, Ives Dairy Road and Miami Gardens Drive corridors. Develop a safety program to educate teenage drivers in the areas of distracted driving, impaired driving and seat belt use. 7. Technological Advancement Initiatives: Maintain our radio system console inside our E911 Center. Replace and improve the video wall in Communications in order to view cameras located within the City, Charter Schools and the Government Center. Complete the Police personnel attendance system("InTime")integration with the City's current payroll system to provide for an automatic transfer of data during the bi-weekly payroll accounting process. Performance Measures and Scorecard Police Actual Actual Projected Estimate city Performance Workload Indicators Objective(s) 2021/22 2022/23 2023/24 2024/25 Priority/Goal Man-hours assigned to traffic flow issues 6 12,000 12,200 12,500 13,000 Progress toward National Re-accreditation 3 100% 100% 100% 10% Personnel hired 1 9 12 14 10 Community programs 4&5 20 22 25 30 (n Community presentations 4&5 15 15 15 20 m N n <_ C n Community involvement activities 4&5 20 20 25 30 m v m m GD m v m a < g Man hours assigned to School Resources 2 5,355 4,500 4,500 4,500 QD 9' r- QD Qo v 0 o Calls for service 7 19,964 18,968 19,940 2,040 v 0 O 2 Arrests 3&6 906 979 820 920 a Accidents 6 1,871 1,775 1,904 2,004 Traffic citations 6 6,796 6,892 4,900 5,300 Parking citations issued 6 1,297 1,620 1,096 1,196 Part 1 crimes reported N/A 1,759 1,827 1,980 2,080 Customer service surveys 4&5 720 750 750 750 162 City of Police Department Fiscal Year 2024/25 001-2001-521 Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 Personal Services 1201 Employee Salaries $ 11,591,707 $ 11,481,722 $ 12,242,638 $ 5,962,909 $ 13,131,072 1390 Court Time 85,375 96,103 90,000 45,650 90,000 1401 Overtime 1,635,841 1,597,698 1,200,000 969,038 1,200,000 1410 Holiday Pay 303,532 243,109 275,000 115,047 275,000 1420 Extra Duty Detail 431,234 539,150 450,000 215,671 450,000 1501 Police Incentive Pay 79,087 76,277 73,860 36,293 76,560 2101 FICA 999,951 1,023,068 1,096,360 502,977 1,164,531 2201 Pension 2,529,392 2,481,418 3,457,621 1,313,022 3,692,747 2301 Health, Life&Disability 2,114,267 2,062,630 2,421,485 1,133,189 2,486,311 2401 Workers'Compensation 293,127 514,612 551,767 251,957 340,433 Subtotal $ 20,063,513 $ 20,115,787 $ 21,858,731 $ 10,545,753 $ 22,906,654 Contractual Services 3170 Temporary Staff $ 9,632 $ 45,151 $ - $ 19,159 $ - 3180 Medical Exams 8,971 13,991 30,000 6,350 50,000 3190 Traffic Safety Program 771,770 740,253 775,000 429,141 800,000 3192 Professional Services 6,504 40,000 10,000 - 40,000 Subtotal $ 796,877 $ 839,395 $ 815,000 $ 454,650 $ 890,000 Other 4001 Travel&Per Diem $ 21,552 $ 21,714 $ 30,000 $ 4,225 $ 35,000 4040 Administrative Expenses 9,740 21,565 26,500 3,811 30,000 4042 Recruiting&Hiring Expense 8,750 12,591 15,000 5,301 40,000 4043 CALEA Accreditation 3,403 4,770 10,000 - 20,000 4050 Investigative Expense 20,542 16,885 28,000 2,489 30,000 4101 Communication Services 146,847 135,629 150,000 73,539 156,950 4201 Postage 2,812 4,120 4,500 1,384 4,500 4420 Leased Equipment 78,899 56,247 100,000 9,059 41,400 4440 Copy Machine Costs 1,642 841 5,000 567 5,000 4610 R&M-Vehicles 267,695 328,970 309,225 161,599 400,000 4645 R&M-Equipment 394,409 383,095 203,850 51,834 190,000 4650 R&M-Office Equipment 138,000 149,939 - - - 4701 Printing&Binding 5,083 5,281 5,000 1,528 5,000 Subtotal $ 1,099,374 $ 1,141,647 $ 887,075 $ 315,336 $ 957,850 Commodities 5101 Office Supplies $ 13,722 $ 10,594 $ 15,000 $ 3,914 $ 15,000 5120 Computer Operating Supplies 11,495 10,717 16,000 636 16,000 5220 Gas&Oil 374,100 326,942 400,000 126,031 350,000 5240 Uniforms 40,472 42,945 45,000 29,042 65,000 5245 Uniform Allowance 82,909 79,000 85,000 38,015 85,000 5266 Photography 279 667 1,500 678 1,500 5270 Ammunition 42,194 46,448 55,000 52,618 75,000 5290 Other Operating Supplies 61,496 50,802 80,000 27,437 80,000 Subtotal $ 626,667 $ 568,115 $ 697,500 $ 278,371 $ 687,500 Other Operating Expenses 5410 Subscriptions&Memberships $ 6,961 $ 7,293 $ 7,500 $ 8,224 $ 10,000 5430 Educational Assistance 2,296 4,089 3,500 492 3,500 5441 Computer Subscriptions - 2,040 374,100 230,685 492,840 5450 Training 57,008 53,501 65,000 23,689 130,000 Subtotal $ 66,265 $ 66,923 $ 450,100 $ 263,090 $ 636,340 163 City of Aventura Police Department Fiscal Year 2024/25 001-2001-521 Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 7130 Principal Payments $ $ 64,479 $ - $ - $ 56,950 7230 Interest Payments 4,148 11,680 Subtotal $ $ 68,627 $ - $ - $ 68,630 Total Police $ 22,652,696 $ 22,800,494 $ 24,708,406 $ 11,857,200 $ 26,146,974 164 City of - Police Department Fiscal Year 2024/25 Budget Justifications Commission Object Approval Code# Category 2024/25 Comment (1) Chief of Police, (1) Deputy Chief of Police, (3) Majors, (3) Captain, (12) Sergeant, (12) Detective, (66) Police Officer, (1) Crime Prevention Coordinator, (1) Property Room/Crime Scene Supervisor, (1) Crime Scene/Property Room Custodian II, (1) Crime Scene/Property Room Custodian I, (4) Police Service Aide, (1) Records Manager, (3) Records Clerk, (1) Records Supervisor, (1) 911 Manager, (4) Communication Supervisor, (4) Communication Officer III, (3) Communication Officer II, (4)Communication Officer, (1)Executive Assistant, (1) Administrative Assistant III, (2) Personnel & Training Specialist, (1) Fleet Manager/Quartermaster, (1) Emergency Vehicle Technician & (1) Fleet 1201 Employee Salaries $ 13,131,072 Maintenance Worker 1390 Court Time 90,000 Overtime and standby court time Anticipated and unanticipated manpower hours such as major criminal investigations, personnel shortages, training, City events, natural and manmade 1401 Overtime 1,200,000 disasters,holiday details,homeland security and various dignitary details 1410 Holiday Pay 275,000 Estimated costs with funding holiday pay for shift employees Estimated costs associated with off duty details provided to the City's businesses and condominium associations.This is offset by the Police Detail Billing Revenue 1420 Extra Duty Detail 450,000 (3421100) Mandated by the State of Florida for rewarding sworn personnel who have 1501 Police Incentive Pay 76,560 obtained additional education 2101 FICA 1,164,531 Social Security&Medicare taxes Actuarially calculated contribution that the City is required to contribute to fund the benefits paid to the retirees of the Police Retirement Plan&the estimated 2201 Pension 3,692,747 pension contribution paid by the City for each full-time General employee Estimated annual employee costs for health, dental, life & disability insurance 2301 Health,Life&Disability 2,486,311 benefits 2401 Workers'Compensation 340,433 Allocated cost of workers'compensation premiums paid All police officers are required to have a physical exam prior to employment or as required per departmental policy for specialized units, included in this is Blue Line 3180 Medical Exams 50,000 Counseling Costs associated with the Intersection Traffic Safety Camera Program including payments to the vendor for the equipment and the use of contractual employees 3190 Traffic Safety Program 800,000 to review the violations Costs associated with outsourcing the administration of promotional testing, Miami-Dade County court subpoena program and arrest form program fees, 3192 Professional Services 40,000 document imaging,attorney fees and other professional services 4001 Travel&Per Diem 35,000 Travel and other expenses associated with employees on City business/training Awards, Officer/Civilian of the Year ceremony, employee plaques and other 4040 Administrative Expenses 30,000 expenses not directly tied to a specific function or account 165 City of - Police Department Fiscal Year 2024/25 Budget Justifications Commission Object Approval Code# Category 2024/25 Comment 4042 Recruiting&Hiring Expense 40,000 Department recruitment of personnel and pay for required pre-hire testing Costs associated with the Department becoming nationally accredited with the Commission on Accreditation for Law Enforcement Agencies ("CALEA") and 4043 CALEA Accreditation 20,000 conference attendance Costs associated with the Detectives in Specialized Services and Crime Scene to complete criminal investigations,crime scene processing and transcription of 4050 Investigative Expense 30,000 taped statements Mobile phones, cellular lines for data transmission, vehicle GPS, computer 4101 Communication Services 156,950 system communications and other communication devices. 4201 Postage 4,500 Estimated costs for mailing of correspondence&certified mail 4420 Leased Equipment 41,400 Covers costs for leased equipment 4440 Copy Machine Costs 5,000 Costs associated with rentals,leases and repairs for the copy machines Costs associated with the repair and maintenance of department vehicles, including preventative maintenance, damage repair and replacement of worn 4610 R&M-Vehicles 400,000 and/or broken parts not covered under warranty Repair and maintenance of Police Department radios,computers,GPS systems, 4645 R&M-Equipment 190,000 LPR system, In Car Video and other equipment Printing of materials for the police department used in official police or City 4701 Printing&Binding 5,000 business,i.e.business cards&letterhead 5101 Office Supplies 15,000 Office supplies i.e.,copy paper,folders,staples,etc. Costs associated with computer operating supplies i.e., printer ink, batteries, 5120 Computer Operating Supplies 16,000 toner,etc. 5220 Gas&Oil 350,000 Costs associated with fuel for City vehicles and vessel(s) Uniforms and accessories worn by both police and civilian personnel of the Police 5240 Uniforms 65,000 Department Each employee required to wear a uniform receives an allowance for uniform maintenance and cleaning,this is paid 50%in October and 50%in April each 5245 Uniform Allowance 85,000 fiscal year 5266 Photography 1,500 Supplies for crime scene or other department related photos 5270 Ammunition 75,000 Tasers,ammunitions,duty and training ammo for police officer use 5290 Operating Supplies 80,000 Supplies and items needed for the daily operation of the Police Department 166 City of - Police Department Fiscal Year 2024/25 Budget Justifications Commission Object Approval Code# Category 2024/25 Comment Costs associated with this line item are subscriptions to professional journals,and 5410 Subscriptions&Memberships 10,000 membership in professional and regional law enforcement organizations Reimbursement for employees up to 75% of the state tuition rate for college 5430 Educational Assistance 3,500 courses and/or college degrees that are related to their job functions 5441 Computer Subscriptions 492,840 OSSI and other software maintenance and upgrades Police academy training, maintaining state standards and having a highly trained, 5450 Training 130,000 professional police force 7130 Principal Payments 56,950 Lease principal payment as required by GASB 87 7230 Interest Payments 11,680 1 Lease interest payment as required by GASB 87 Total Police $ 26,146,974 167 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 168 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 Community Development Department 169 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 170 City of Community Development Fiscal Year 2024/25 Departmental Budget Summary Department Description The Community Development Department is composed of four (4) divisions: Planning and Zoning, Building, Code Compliance and Local Business Tax Receipts. The Planning and Zoning division is responsible for the City's planning, zoning, development review and economic development functions. The Building division is responsible for building permitting and inspections; this division was moved to the Building Fund in FY 2022/23 to comply with the Building Construction Standards - Enforcement, Chapter 553.80 Section (7)(a)4. of the Floida Statutes. Code Compliance is responsible for City Code enforcement. Local Business Tax Receipts is responsible for the issuance and enforcement o Local Business Tax Receipts. This Department strives to provide efficient and professional "one-stop" customer service at a centralized location. Community Development Department Trends $5,000,000 $4,500,000 $4,000,000 $3,500,000 Other Operating Expenses $3,000,000 Commodities $2,500,000 ■ Other Charges&Services $2,000,000 Contractual Services $1,500,000 ■ Personal Services $500,000 Actual Amount Actual Amount Amended Budget Commission 2021/22 2022/23 2023/24 Approval 2024/25 Half Year Commission Object Actual Amount Actual Amount Amended Actual Approval Code# Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 1000/2999 Personal Services $ 799,327 $ 435,682 $ 454,464 $ 252,053 $ 503,546 3000/3999 Contractual Services 4,128,225 52,289 105,000 38,329 70,000 4000/4999 Other Charges&Services 60,852 28,057 42,328 12,943 19,528 5000/5399 Commodities 8,224 3,483 4,500 1,602 4,500 5400/5499 Other Operating Expenses 3,244 5,860 6,300 2,374 14,850 Total Expenditures $ 4,999,872 $ 525,371 $ 612,592 $ 307,301 $ 612,424 171 Community Development Department General Fund Organization Chart Community Development ' A •• - Planning IBuilding • • • • • • Official Code Compliance Officer" Customer Service Rep III* Budgeted Personnel Allocation Summary Position Title 7021/22M 2023/24 2024/25 i DevelopmentCommunity Building • Operations"Management Assistant- Operations OfficerCode Compliance Officer"Code Compliance Total Full-Time 6.0 3.4 3.4 3.4 Total Part-Time 1.0 - - - Total 7.0 3.4 3.4 3.4 *Budgeted in the Building Fund —Allocated with the Building Fund -Management Assistant-Administration formerly entitled Executive Assistant/Planning Technician --Management Assistant-Operations formerly entitled Customer Service Rep II *"*"*Mangement Assistant-Operations promoted to Operations Manager in FY 2023/24 172 City of - Community Development Department Fiscal Year 2024/25 Objectives 1. Provide customer-focused technical assistance to the community. 2 Provide staff support for land planning and development,zoning, business tax receipts,code compliance, intersection safety, records and lien request services. Provide staff support and training for the Department's TRAKiT software for Code, Planning and Zoning and Local Business Tax Receipt 3. functions. 4 Facilitate submission of all planning,zoning and local business tax receipts and project forms digitally via the City's website and implement digital submission of project plans. 5 Initiate a running,voluntary customer survey to measure satisfaction with technical assistance and customer service with land development, variance applications and business regulation. Performance Measures and Scorecard Community Development Actual Actual Projected Estimate City Performance Workload Indicators Objective(s) 2021/22 2022/23 2023/24 2024/25 Priority/Goal %of Customer Comments Identifying Improvements Needed 1 &5 NA 1% 2% 3% U) Average Hours of TRAKiT Training per Employee 3 - 3 3 1 3 U) 2 0. H No.of Local Business Tax Receipts Issued 2&4 2,333 2,415 2,490 2,500 3 M m 90 G1 3 -n No.of Code Warnings and Notice of Violations Issued 2 253 384 295 250 -'a S• I0. o No.of Special Master Hearings 2 478 467 502 500 _ v Y � O N 2 %of Applications Submitted Digitally 2&4 40% 60% 65% 70% m a No.of Land Development Applications Processed(All Types) 2 49 27 25 25 No.of Lien Requests Responded to 2 3,032 3,655 4,000 4,000 173 City of Community Development Department Fiscal Year 2024/25 001-4001-524 Half Year Commission Object Actual Amount Actual Amount Amended Actual Approval Code# Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 Personal Services 1201 Employee Salaries $ 606,039 $ 314,823 $ 318,903 $ 181,827 $ 359,025 1401 Overtime - - 3,000 - 3,000 2101 FICA 46,939 22,990 24,626 12,851 27,695 2201 Pension 66,124 44,179 45,914 24,512 51,595 2301 Health, Life&Disability 73,371 51,902 60,500 31,583 60,929 2401 Workers'Compensation 61854 1,788 1,521 1,280 1,302 Subtotal $ 799,327 $ 435,682 $ 454,464 $ 252,053 $ 503,546 Contractual Services 3101 Building Inspection Services $ 4,011,309 $ 10,339 $ - $ 8,951 $ - 3190 Professional Services 116,916 41,950 105,000 29,378 70,000 Subtotal $ 4,128,225 $ 52,289 $ 105,000 $ 38,329 $ 70,000 Other 4001 Travel&Per Diem $ 914 $ 3,283 $ 6,500 $ 215 $ 6,500 4041 Car Allowance 6,000 4,200 4,200 2,100 4,200 4101 Communication Services 1,722 845 828 510 828 4420 Lease Equipment 2,551 - 2,800 - - 4610 R&M-Vehicles 32 166 1,000 - 1,000 4645 R&M-Equipment 39,665 11,319 22,000 9,026 2,000 4701 Printing 5,524 8,244 3,000 1,092 3,000 4730 Records Retention 4,444 - 2,000 - 2,000 Subtotal $ 60,852 $ 28,057 $ 42,328 $ 12,943 $ 19,528 •5101, Office Supplies $ 4,885 $ 3,016 $ 1,000 $ 893 $ 1,000 5120 Computer Operating Supplies 523 233 2,100 223 2,100 5220 Gas&Oil 442 234 500 231 500 5240 Uniforms 213 - 400 255 400 5290 Other Operating Supplies 2,161 - 500 - 500 Subtotal $ 8,224 $ 3,483 $ 4,500 $ 1,602 $ 4,500 Other Operating Expenses 5410 Subscriptions&Memberships $ 1,477 $ 1,030 $ 300 $ 160 $ 1,100 5420 Conferences&Seminars 1,538 4,755 4,000 990 5,000 5441 Computer Subscriptions - - - 1,061 8,250 5450 Training 229 75 2,000 163 500 Subtotal $ 3,244 $ 5,860 $ 6,300 $ 2,374 $ 14,850 Total Community Development $ 4,999,872 $ 525,371 $ 612,592 $ 307,301 $ 612,424 174 City of - Community Development Department Fiscal Year 2024/25 Budget Justifications Commission Object Approval Code# Category 2024/25 Comment (1)Community Development Director,(1)Management Assistant-Administration, (1) Management Assistant - Operations (1) Planner & (1) Code Compliance Officer (All of these positions are allocated within the Community Development 1201 Employee Salaries $ 359,025 Department of the General Fund and in the Building Fund.) 1401 Overtime 3,000 Estimated overtime costs 2101 FICA 27,695 Social Security&Medicare taxes Estimated pension contribution paid by the City for each full-time General 2201 Pension 51,595 employee Estimated annual employee costs for health, dental, life & disability insurance 2301 Health,Life&Disability 60,929 benefits 2401 Workers'Compensation 1,302 Allocated cost of workers'compensation premiums paid Costs associated with utilizing professional consulting services for traffic, civil engineering, architectural design, and landscape review of site plan proposals. The line item also includes comprehensive planning by a professional consulting firm to ensure compliance with the State's Growth Management requirements as the City seeks to implement the County-required Rapid Transit Zone and Metropolitan Urban Center requirements. Planning for the intensification of density and FAR allowances will coincide with long term coordination of infrastructure, mobility strategies, and the drafting of land development regulations to facilitate 3190 Prof.Services 70,000 redevelopment initiatives in accordance with the City Commission's vision. Travel costs associated with attendance at annual training/conferences for planning professionals, code compliance professionals and licensing professionals, i.e. Florida Chapter of the American Planning Association (FAPA), Florida Association of Code Enforcement(FACE), Florida Association of Business 4001 Travel&Per Diem 6,500 Tax Officers(FABTO)and Central square Engage Annual Conference 4041 Car Allowance 4,200 Department Directors receive$500/month for a car allowance 4101 Communication Services 828 Telephone services for department personnel Estimated costs of repairs and maintenance on two(2)existing vehicles utilized 4610 R&M-Vehicles 1,000 by the Department-Code Compliance and Business Licensing Planning &Zoning, Code Compliance and Business Regulation portion of annual 4645 R&M-Equipment 2,000 cost for Bluebeam maintenance&Laserfische 4701 Printing 3,000 Printing of noticies pertaining to delinquent business taxes,code violations,etc. Estimated costs for imaging Planning and Zoning, Code Compliance and 4730 Records Retention 2,000 Business Tax records Office supplies needed for Planning and Zoning, Business Licensing,Code 5101 Office Supplies 1,000 Compliance and Department Administration 175 City of - Community Development Department Fiscal Year 2024/25 Budget Justifications Commission Object Approval Code# Category 2024/25 Comment Computer operating supplies for Planning and Zoning, Business Licensing, Code 5120 Computer Operating Supplies 2,100 Compliance and Department Administration Gas&Oil for two(2)exisiting vehicles utilized by the Department-Code 5220 Gas&Oil 500 Compliance and Business Licensing Uniform maintenance, uniform shirts, and work shoes for the Code Compliance 5240 Uniforms 400 Officer as well as other operational staff(non-Building Division) Miscellaneous supplies for Code Compliance, Business Licensing and Zoning 5290 Other Operating Supplies 500 operations Memberships with professional organizations and subscriptions: American Planning Association, Florida Association of Business Tax Officials, Florida Association of Code Enforcement, Florida Planning Association & miscellaneous 5410 Subscriptions&Memberships 1,100 subscriptions Funding to keep informed of changing and new developments in the field of 5420 Conferences&Seminars 5,000 planning,economic development and code enforcement Maintenance,support and hosting of the TRAKiT application suite which is used for code compliance,business tax receipts and the electronic submission of plans for zoning review as well as ESRI and other related subscriptions for GIS for 5441 Computer Subscriptions 8,250 planning 5450 Training 500 1 In-house refresher training for use of TRACKiT Total Community Development $ 612,424 176 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 Community Services Department 177 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 178 City of Community Services Fiscal Year 2024/25 Departmental Budget Summary Department Description The Community Services Department is responsible for the maintenance of parks, community recreation, camps, athletic leagues, special event programming and Community Center programming and activities. The Department is organized to provide a wide scope of recreational programs, activities and special events for all age groups on a quality basis. Community Services Department Trends $6,000,000 $5,000,000 $4,000,000 - Other Operating Expenses o 0 Commodities $3,000,000 ■Other Charges&Services $2,000,000 Contractual Services $1,000,000 Mo ■ Personal Services Actual Amount Actual Amount Amended Budget Commission 2021/22 2022/23 2023/24 Approval 2024/25 Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 1000/2999 Personal Services $ 1,016,375 $ 1,132,198 $ 1,448,531 $ 635,500 $ 1,861,934 3000/3999 Contractual Services 966,414 1,256,019 981,000 767,032 1,357,500 4000/4999 Other Charges&Services 1,449,989 1,724,332 1,673,100 823,551 2,341,400 5000/5399 Commodities 24,066 11,191 18,000 8,572 20,000 5400/5499 Other Operating Expenses 15,368 15,806 32,500 19,219 38,500 otal Expenditures $ 3,472,212 $ 4,139,546 $ 4,153,131 $ 2,253,874 $ 5,619,334 179 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 180 Community Services Department Organization Ch Community Services Director Administrative Assistant I* (.5) Community Parks & Recreation Program Manager Manager Contractual Contractual Community Landscape 181 Programming Maintenance Youth Sports Tennis Pro Youth Sports Special Events Parks & Recreatio administrator (1) Assistant Manage (3) CRC Assistant Parks & Recreation Manager (3) Lead Park Attendant Park Attendant Seasonal P/T (2) BudgetedCommunity Services Department Community Services Director 1.0 1.0 1.0 1.0 Total Full 19.5 Total Part 9.0 Total 2!A M M 1 28.5 Allocated 50%with the City Clerk's Parks and Recreation Manager 1.0 1.0 1.0 1.0 Parks and Recreation Assistant Manager 2.0 3.0 3.0 3.0 Parks and Recreation Supervisor 1.0 - - - Community Program Manager 1.0 - 1.0 1.0 Community Rec Center Manager - 1.0 - - Community Rec Center Assistant Manager 1.0 2.0 2.0 3.0 Community Rec Center Supervisor 1.0 - - - Special Events Administrator - - 1.0 1.0 Administrative Assistant(P/T) 1.0 1.0 - - Administrative Assistant I* - - 0.5 0.5 Parks&Recreation Lead - - - 1.0 Park Attendant(F/T) 2.0 3.0 4.0 8.0 Park Attendant(P/T) 9.0 8.0 8.0 7.0 Park Attendant(P/T)Seasonal 3.0 3.0 3.0 2.0 Off ice City of Community Services Department Fiscal Year 2024/25 Objectives Identify and address problematic situations before the can escalate, and to promptly respond to concerns with accurate and timely 1. information. Work with the Community Services Advisory Board to aid in their mission of enhancing the beauty of the City and promoting Community 2. events. 3. Implement the Department's approved Operating and Capital Improvement Budgets. 4. Impement and oversee approved ARPA projects for the Department. Provide community programming that educates participants in areas such as fairness,teambuilding, inclusion, and respect for one 5. another. g Expand Summer Camp programming and Aftercare Programs, both of which provide enjoyable experiences for children and a safe option for families. 7. Strive to enhance the wellness of Aventura Residents and the sense of community through promotion of Department operated facilities. 8. Continue to make maximum use of all Department facilities to provide the greatest number of activity options for Aventura residents. g Provide Department members with the proper education and equipment to safely perform their duties in a working environment that is inclusive and their contributions are valued and respected. Performance Measures and Scorecard Community Services Actual Actual Projected Estimate City Performance Workload Indicators Objective(s) 2021122 2022/23 2023/24 2024/25 Priority/Goal Resident complaints&concerns cleared** 1 45 N/A N/A N/A (n rD Advisory Board Meetings attended 2 6 6 6 6 M n -• 7 CIP 9 CIP 6 CIP m c m & & & go v CIP projects completed 3&4 6 6 ARPA 6 ARPA 2 ARPA o' po 3 go ;a a) o Founders Park attendance* 3,5&7 149,559 141,664 68,000 145,000 rD 0 0• 0 Community Recreation Center attendance* 3,5,6,7&8 84,650 106,633 110,000 112,000 0' v � a Number of participants registered in youth sports* 3,4,5,6,7&8 1,804 2,012 1,731 1,900 Number of Special Events* 1,3,5,7&8 12 13 15 15 Founders Park Field was closed for American Rescue Plan Act("ARPA")Project September 2023-April 2024 For accuracy,this will not be tracked moving forward as this Department is proactive and completes#1 of the Objectives before receiving Resident complaints& concerns 2023/24 Youth Sports Calendar Sport Season Basketball Oct-April Boys Soccer Oct-May Girls Soccer Oct-May Travel Soccer Sept-May Travel Basketball Oct-May 183 City of Community Services Department Fiscal Year 2024/25 001-5001-539 Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 Personal Services 1201 Employee Salaries $ 714,355 $ 792,444 $ 1,018,472 $ 441,337 $ 1,300,489 1401 Overtime 9,929 10,102 20,000 7,306 20,000 1410 Holiday Pay 9,836 7,760 - 5,181 - 2101 FICA 55,890 63,871 79,443 34,282 101,017 2201 Pension 68,490 93,580 110,412 50,628 154,348 2301 Health, Life&Disability 137,977 143,711 195,468 86,981 264,040 2401 Workers'Compensation 19,898 20,730 24,736 9,785 22,040 Subtotal $ 1,016,375 $ 1,132,198 $ 1,448,531 $ 635,500 $ 1,861,934 Contractual Services 3113 Prof.Services-Comm.Cen.Inst. $ 402,824 $ 665,661 $ 375,000 $ 473,247 $ 600,000 3150 Prof.Services-Landscape Arch. 12,960 22,460 24,000 8,943 24,000 3190 Prof.Services-Programming - 5,580 7,000 - 8,500 3410 Janitorial Services - - - - 150,000 3452 Lands/Tree Maint.Svcs-Parks 550,630 562,318 575,000 284,842 575,000 Subtotal $ 966,414 $ 1,256,019 $ 981,000 $ 767,032 $ 1,357,500 Other 4001 Travel&Per Diem $ (2,177) $ 1,572 $ 6,000 $ 1,105 $ 6,000 4041 Car Allowance 6,000 6,000 6,000 3,000 6,000 4101 Communication Services 9,316 10,330 12,600 6,149 13,000 4301 Utilities-Electric - - - - 110,000 4320 Utilities-Water - - - - 200,000 4420 Lease 1,875 2,312 4,000 465 6,000 4610 R&M-Vehicles (315) 3,638 4,000 5,309 7,000 4620 R&M-Buildings - - - - 212,900 4645 R&M-Equipment 10,587 22,321 13,000 3,107 13,000 4672 R&M-Parks 119,823 91,155 145,000 80,491 175,000 4701 Printing&Binding 5,773 5,420 7,500 934 7,500 4850 Special Events 105,468 195,133 375,000 139,979 425,000 4851 Cultural/Recreation Programs 722,326 786,357 600,000 413,722 600,000 4852 Founders Day Activities 82,078 98,804 150,000 168,173 185,000 4854 Summer Recreation 389,235 501,290 350,000 1,117 375,000 Subtotal $ 1,449,989 $ 1,724,332 $ 1,673,100 $ 823,551 $ 2,341,400 5101 Office Supplies $ 2,652 $ 2,441 $ 3,500 $ 2,746 $ 4,000 5120 Computer Operating Supplies 14,817 2,508 6,000 - 6,000 5220 Gas&Oil 378 705 11000 345 1,000 5240 Uniforms 5,950 5,209 6,000 5,481 8,000 5290 Other Operating Supplies 269 328 11500 - 1,000 Subtotal $ 24,066 $ 11,191 $ 18,000 $ 8,572 $ 20,000 Other Operating5410 Subscriptions&Memberships $ 3,279 $ 2,640 $ 4,000 $ 4,243 $ 6,000 5420 Conferences&Seminars 4,941 2,743 7,000 745 7,000 5441 Computer Subscriptions - - 12,000 12,156 13,500 5450 Training 7,088 10,302 7,500 2,075 10,000 5901 Contingency 60 121 2,000 - 2,000 Subtotal $ 15,368 $ 15,806 $ 32,500 $ 19,219 $ 38,500 Total Community Services $ 3,472,212 $ 4,139,546 $ 4,153,131 $ 2,253,874 $ 5,619,334 184 City of - Community Services Department Fiscal Year 2024/25 Budget Justifications Commission Object Approval Code# Category 2024/25 Comment (1) Community Services Director, (1) Parks and Recreation Manager, (3) Parks and Recreation Assistant Manager, (1) Community Program Manager, (3) Community Recreation Center Assistant Manager, (1) Special Events Administrator, (1)Administrative Assistant I (Allocated 50% with the City Clerk's Office), (1)Parks& Recreation Lead, (8)Park Attendant(F/T), (7)Park Attendant 1201 Employee Salaries $ 1,300,489 (P/T)&(2)Park Attendant(P/T)Seasonal 1401 Overtime 20,000 Estimated overtime costs 2101 FICA 101,017 Social Security&Medicare taxes Estimated pension contribution paid by the City for each full-time General 2201 Pension 154,348 employee Estimated annual employee costs for health, dental, life & disability insurance 2301 Health,Life&Disability 264,040 benefits 2401 Workers'Compensation 22,040 Allocated cost of workers'compensation premiums paid Funding for the various instructors who teach or lead recreation classes and Prof.Services-Comm.Cen. programs at City parks and the Community Recreation Center-Costs are offset 3113 Inst. 600,000 by revenues generated by registration fees Prof.Services-Landscape Funding for contracted landscape artichitect to oversee departmental projects and 3150 Arch. 24,000 landscape services Costs associated with events held at the Aventura Arts & Cultural Center, i.e. 3190 Prof.Services-Programming 8,500 Arbor Day,CRC Camp Talent Show, Peace Day,etc. General cleaning costs for the Community Recreation Center and all Parks 3410 Janitorial Services 150,000 Buildings as well as additional porters and supplies for special events Funding for complete landscape maintenance services for Founders Park and SplashPad, Waterways Park, Waterways Dog Park, Veterans Park and Peace Park. Services include: irrigation and grounds maintenance services; tree trimming, specialized Bermuda turf maintenance for athletic fields that includes liquid fertilization and deep tine aeration six(6)times per year, specialty pesticide 3452 Lands/Tree Maint.Svcs-Parks 575,000 applications for the Dog Park and general park maintenance Funding for travel and per diem while attending the following conferences and seminars: Florida Recreation and Parks Association, National Recreation and 4001 Travel&Per Diem 6,000 Parks Association and other seminars 4041 Car Allowance 6,000 Department Directors receive$500/month for a car allowance 4101 Communication Services 13,000 Telephone stipend for department personnel and facility internet services 4301 Utilities-Electric 110,000 Estimated annual costs for electrical services based on current FPL usage 4320 Utilities-Water 200,000 Estimated annual funding for water consumption 185 City of - Community Services Department Fiscal Year 2024/25 Budget Justifications Commission Object Approval Code# Category 2024/25 Comment Funding for lease of copy machine at the Community Recreation Center and 4420 Lease 6,000 Waterways Park&off-site storage unit 4610 R&M-Vehicles 7,000 Repair and maintenance of department fleet Funding the necessary building repair and maintenance functions for the Community Recreation Center and park buildings for HVAC maintenance, roof inspections, general building repairs& painting. Additional funding is included to cover immediate repairs identified in the recent assessments of the confisition of 4620 R&M-Buildings 212,900 all municipal buildings and facilities. Repair and maintenance of equipment at the Community Recreation Center 4645 R&M-Equipment 13,000 (CRC) Funding for repair and maintenance of park amenities and equipment. In addition to routine repairs and maintenance costs, funding request includes costs for, reconditioning clay tennis courts, routine daily maintenance of clay courts by a tennis professional, SplashPad supplies, replacing park signage & roll coat on 4672 R&M-Parks 175,000 playground surface. 4701 Printing&Binding 7,500 Printing and binding of various materials needed to operate the Department Funding for special events related to community-wide, annual events to foster community pride and improve the quality of life for the residents: Movie Nights, Earth/Arbor Day, July 4th Fireworks, Volunteer Dinner, Bike events, Halloween, 4850 Special Events 425,000 Veterans Day,Winter Wonderland,an Art Show and a City Concert Series Costs associated with establishing a wide variety of comprehensive recreation programming;youth athletics,recreation programs and classes and other 4851 Cultural/Recreation Programs 600,000 programs-all costs are offset by registration fees Funding entertainment, activities, games, community stage, production, sound, lighting, rental costs, temporary power and other required logistics for the 28th 4852 Founders Day Activities 185,000 anniversary Founders Day activities Funding for supplies and various counselors who teach or lead summer camp programs at the Community Recreation Center-costs are offset by revenues 4854 Summer Recreation 375,000 generated by registration fees 5101 Office Supplies 4,000 Office supplies for the Department 5120 Computer Operating Supplies 6,000 Costs for computer supplies,i.e.toner and other necessary items. 5220 Gas&Oil 1,000 Gas and oil for Department fleet 5240 Uniforms 8,000 Employee uniforms 5290 Other Operating Supplies 1,000 Additional operating supplies as needed 186 City of - Community Services Department Fiscal Year 2024/25 Budget Justifications Commission Object Approval Code# Category 2024/25 Comment Funding memberships in the Florida Recreation and Parks Association, National Recreation and Parks Association,Commission for Accreditation of Park and Recreation Agencies,American Society of Composers,Authors and Publishers, Broadcast Music, Inc., Movie Licenses and the Society of European Songwriters, 5410 Subscriptions&Memberships 6,000 Artists and Composers Funding for attending the following conferences: Commission for Accreditation of Park and Recreation Agencies, Florida Recreation and Parks Association, National Recreation and Parks Association &customer service training and local 5420 Conferences&Seminars 7,000 seminars 5441 Computer Subscriptions 13,500 Online registration software annual fee Costs associated with providing Department members with proper education to safely perform their duties in a working environment that is inclusive and their 5450 Training 10,000 contributions are valued and respected 5901 Contingency 2,000 Funds for incidential and unexpected items that may come up throughout the year Total Community Services $ 5,619,334 187 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 188 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 ur� i i� Public Works/Transportation Department 189 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 190 City of i Public Works/Transportation Department Fiscal Year 2024/25 Departmental Budget Summary Department Description The Public Works/Transportation Department is responsible for the maintenance of roads, medians, public areas, drainage systems, government facilities, beautification projects, mass transit services and capital projects. These services seek to enhance the high quality of life for the City's residents, businesses and visitors by maintaining City infrastructure and the appearance of the City and providing public transportation opportunities to reduce vehicular traffic. Public Works/Transportation Department Trends $4,000,000 $3,500,000 $3 000 000 ■ Debt Service $2,500,000 _ Other Operating Expenses $2,000,000 Commodities $1,500,000 ■Other Charges&Services $1,000,000 Contractual Services $500,000 ■ Personal Services Actual Amount Actual Amount Amended Budget Commission 2021/22 2022/23 2023/24 Approval 2024/25 Commission Object Code Actual Amount Actual Amount Amended Half Year Actual Approval # Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 1000/2999 Personal Services $ 1,110,390 $ 1,243,933 $ 1,216,066 $ 493,328 $ 1,280,518 3000/3999 Contractual Services 1,300,144 925,541 1,288,835 639,629 1,414,835 4000/4999 Other Charges&Services 1,100,509 1,054,820 1,046,580 491,738 673,560 5000/5399 Commodities 19,623 20,901 21,700 7,918 21,700 5400/5499 Other Operating Expenses 8,683 5,933 7,500 1,747 38,500 Total Operating Expenditures $ 3,539,349 $ 3,251,128 $ 3,580,681 $ 1,634,360 $ 3,429,113 7000/7999 Debt Service 9,312 9,312 9,315 Total Expenditures $ 3,539,349 $ 3,251,128 $ 3,589,993 $ 1,643,672 $ 3,438,428 191 OrganizationPublic Works/Transportation Department Public Works/Transportatio Director Executive Assistant Contractual ContractualMimi Grants Engineers Service Architect Mana er Public Works Facilities Maintenance Contractual Stormwater Manager Supervisor Electrical Maint. Coordinator � Landscape Maint. Trades Worker Street Maint. II (2) Contractual Building Maintenance Pest Control Security Information Officer Budgeted Director of PW/Transp. 1.0 1. 1.0 Total *Capital Projects Manager renamed during IFY Assistant Director of PW/Transp. 1.0 1.0 1.0 1.0 Executive Assistant 1.0 1.0 1.0 1.0 Capital Projects&Grants Manager* 1.0 1.0 1.0 1.0 Public Works Stormwater Coordinator 1.0 1.0 1.0 1.0 Facilities Manager 1.0 1.0 1.0 1.0 Maintenance Supervisor - - - 1.0 Trades Worker II 2.0 2.0 2.0 2.0 2023/24 to Capital Projects&Grants Manager City of Aventura Public Works/Transportation Department Fiscal Year 2024/25 Objectives 1. Provide accurate and quick responses to resident and business owner complaints and concerns. 2. Implement and manage an approved operating and CIP Budget. 3. Continue to be a Tree City USA City. Conform to the National Pollutant Discharge Elimination System("NPDES")Stormwater standards with pre and post construction 4. inspections. 5. Enforce the Stormwater Inspection Policy and Ordinance for private property compliance. 6. Continue with Staff Educational and Certification Requirements for the NPDES and Floodplain Management compliance. 7. Monitor ridership numbers for three bus feasability. 8. Provide a safe,clean and reliable Bicycle Sharing Program. 9. Complete Coastal Line Rail Station Area Master Plan and Lehman Causeway Improvement Plan. 10. Implement and manage the Stormwater Management Plan. 11. Maintain the storm drain system for optimal performance. 12. Participate in regional efforts to improve transportation in Northeast Miami-Dade. 13. Maintain streets and walkways for vehicular and pedestrian safe usage. 14. Maintain all City Facilities to provide for a safe and clean environment. 15. Maintain policy updates as needed for accreditation. 16. Oversee capital projects. 17. Assist Community Development Department with the City Community Rating System("CRS")application process. 18. Continue to monitor stormwater inspections on private property to conform with NPDES requirements. Performance Measures and Scorecard Public Works/Transportatio Actual Actual Projected Estimate city Performance Workload Indicators n Objective(s) 2021/22 2022/23 2023/24 2024/25 Priority/Goal Resident complaints&concerns cleared 1 N/A 100% 100% 100% Tree City re-certification 3 1 1 1 1 1 Cn M w Stormwater basins/systems cleaned 4, 5,6, 10, 11 &18 21 54 25 25 0' m M w Shuttle bus ridership 7 139,367 133,104 135,766 135,766 :5. 5 -n m go 0 PW permits issued 17&18 31 32 28 30 a = 0°'. o °: o. 7 Y`o Illicit discharge inspections(stormwater) 4, 5, 17&18 24 24 24 24 Iv' 0Cn a NPDES permit inspection private property 4,6&18 3 3 3 3 = Annual facility&mechanical inspections 2, 14, 16&19 55 55 90 90 Number of BCycle rentals 8, 12, 13&16 2,914 2,702 2,950 2,950 193 City of - Public Works/Transportation Department Fiscal Year 2024/25 001-5401-541 Commission Object Code Actual Amount Actual Amount Amended Half Year Actual Approval # Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 Personal Services 1201 Employee Salaries $ 756,049 $ 863,500 $ 841,273 $ 336,808 $ 896,294 1401 Overtime 4,226 8,912 10,000 7,409 10,000 1410 Holiday Pay 9,539 11,571 - 2,297 - 2101 FICA 58,522 67,671 65,122 27,211 69,332 2201 Pension 108,345 113,414 122,536 48,617 129,796 2301 Health,Life&Disability 131,981 131,981 144,756 53,198 147,188 2401 Workers'Compensation 41,728 46,884 32,379 17,788 27,908 Subtotal $ 1,110,390 $ 1,243,933 $ 1,216,066 $ 493,328 $ 1,280,518 Contractual Services 3110 Professional Services-Engineering $ - $ - $ - $ - $ 40,000 3150 Prof.Services-Landscape Arch - - 2,500 - 30,000 3160 Prof.Services-Security 47,408 - - - - 3410 Janitorial Services - 65,670 75,000 42,914 - 3450 Lands/Tree Maint.Svcs-Streets 740,015 608,055 843,015 459,995 942,420 3451 Beautification/Signage 41,476 45,252 45,000 9,933 45,000 3455 Transportation Services 471,245 200,000 308,320 123,779 347,415 3491 Other Contractual Services - 6,564 15,000 3,008 10,000 Subtotal $ 1,300,144 $ 925,541 $ 1,288,835 $ 639,629 $ 1,414,835 Other 4001 Travel&Per Diem $ 4,639 $ 4,618 $ 3,500 $ - $ 4,000 4041 Car Allowance 6,000 4,275 6,000 - - 4101 Communication Services 4,104 3,898 4,080 2,032 4,560 4301 Utilities-Electric 99,608 108,726 110,000 48,663 - 4311 Utilities-Street Lighting 97,666 94,594 60,000 30,325 62,000 4320 Utilities-Water 663,588 632,650 600,000 271,418 400,000 4420 Leased Equipment - 50,248 - - 55,000 4610 R&M-Vehicles 7,352 8,606 7,000 1,745 7,000 4620 R&M-Buildings 80,784 60,632 115,000 34,665 - 4631 R&M-Janitorial Services 40,728 - - - - 4645 R&M-Equipment 3,107 3,802 5,500 100 5,500 4691 R&M-Streets 92,933 82,771 135,000 102,748 135,000 4701 Printing&Binding - - 500 42 500 Subtotal $ 1,100,509 $ 1,054,820 $ 1,046,580 $ 491,738 $ 673,560 5101 Office Supplies $ 3,206 $ 2,214 $ 3,000 $ 795 $ 3,000 5120 Computer Operating Supplies 2,750 118 3,000 - 3,000 5220 Gas&Oil 11,590 11,957 12,000 5,496 12,000 5240 Uniforms 1,427 1,644 2,500 816 2,500 5290 Other Operating Supplies 650 4,968 1,200 811 1,200 Subtotal $ 19,623 $ 20,901 $ 21,700 $ 7,918 $ 21,700 Other Operating5410 Subscriptions&Memberships $ 3,360 $ 2,604 $ 2,000 $ - $ 3,000 5420 Conferences&Seminars 1,411 1,658 3,500 830 3,500 5441 Computer Subscriptions - - - 845 30,000 5450 Training 1,825 422 2,000 72 2,000 5901 Contingency 2,087 1,249 - - - Subtotal $ 8,683 $ 5,933 $ 7,500 $ 1,747 $ 38,500 7130 Principal Payments $ - $ - $ 8,483 $ 8,483 $ 6,795 7230 Interest Payments 829 829 2,520 Subtotal $ $ $ 9,312 $ 9,312 $ 9,315 Total Public Works/Transportation $ 3,539,349 $ 3,251,128 $ 3,589,993 $ 1,643,672 $ 3,438,428 194 City of - Public Works/Transportation Department Fiscal Year 2024/25 Budget Justifications Commission Object Approval Code# Category 2024/25 Comment (1) Public Works/Transportation Director, (1) Assistant Public Works/Transportation Director, (1) Executive Assistant, (1) Capital Projects & Grants Manager, (1) Public Works Stormwater Coordinator, (1) Facilities 1201 Employee Salaries $ 896,294 Manager,(1)Maintenance Supervisor&(2)Trades Worker II 1401 Overtime 10,000 Estimated overtime costs 2101 FICA 69,332 Social Security&Medicare taxes Estimated pension contribution paid by the City for each full-time General 2201 Pension 129,796 employee Estimated annual employee costs for health,dental,life&disability insurance 2301 Health,Life&Disability 147,188 benefits 2401 Workers'Compensation 27,908 Allocated cost of workers'compensation premiums paid Professional Services- 3110 Engineering 40,000 Costs associated with miscellaneous professional engineering services Public Works/Transportation landscape inspections/landscape architecture 3150 Prof.Services-Landscape Arch. 30,000 services Costs associated with contracting tree, landscape,irrigation and flower maintenance services for all public right-of-ways and median. Included in this 3450 Lands/Tree Maint.Svcs-Streets 942,420 account is the funding for the water trucks for landscaping. Banner and street furniture maintenance and repairs, this includes costs for 3451 Beautification/Signage 45,000 signage upgrades,new banners and associated hardware Percentage of three(3)mini-bus public transit routes six(6)days per week on a contractual basis that carries approximately 100,000 passengers per year, including the printing costs for route schedules.Transit system links the residential areas to community,retail and medical establishments,as well as 3455 Transportation Services 347,415 Miami-Dade and Broward routes. Funding the necessary contractual services i.e. pest control, solid waste provider 3491 Other Contractual Services 10,000 &etc. Cost associated with annual Public Works conference and State&Local 4001 Travel&Per Diem 4,000 seminars 4101 Communication Services 4,560 Telephone services for department personnel 4311 Utilities-Street Lighting 62,000 Estimated annual costs for electrical services based on current FPL usage 4320 Utilities-Water 400,000 Estimated annual funding for water consumption 4420 Leased Equipment 55,000 Cost associated with the FEC Pipe-Wire License Fee,Ground Lease Fee&Rent 195 City of Public Works/Transportation Department Fiscal Year 2024/25 Budget Justifications Commission Object Approval Code# Category 2024/25 Comment 4610 R&M-Vehicles 7,000 Costs associated with the Department's vehicle maintenance Estimated costs for repair and maintenance of tools and supplies,i.e.Sisco 4645 R&M-Equipment 5,500 support Maintenance of all paved City roadways, bike paths/exercise paths, street signs, striping, repair/installation of curbing, catch basin repair/maintenance and electric 4691 R&M-Streets 135,000 service repairs 4701 Printing&Binding 500 Printing costs associated with envelopes,business cards,etc. 5101 Office Supplies 3,000 General office supplies Includes the cost of minor supplies and software to maintain existing systems and 5120 Computer Operating Supplies 3,000 to upgrade software and operating systems to the current versions 5220 Gas&Oil 12,000 Vehicle fuel 5240 Uniforms 2,500 Uniforms for Department staff Estimated costs for supplies and miscellaneous items required for the 5290 Other Operating Supplies 1,200 Department's operation Memberships in the American Public Works Association,Association of State Floodplain Managers, Facility Managers Association and Florida Stormwater 5410 Subscriptions&Memberships 3,000 Association Funding for attending the following conferences: American Public Works Association, Association of State Floodplain Managers, Florida Stormwater 5420 Conferences&Seminars 3,500 Association&other professional and customer service training and local seminars Costs associated with upgrades and license subscriptions for departmental 5441 Computer Subscriptions 30,000 software,i.e.Autodesk CAD,Asset Management&GIS Software Funding for staff to get specialized training for their disciplines to include air 5450 Training 2,000 conditioning,electrical and stormwater 7130 Principal Payments 6,795 Principal payments for leased vehicle per GASB 87 7230 Interest Payments 2,520 1 Interest payments for leased vehicle per GASB 87 Total Public Works/Transportation $ 3,438,428 196 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 Arts & Cultural Center 197 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 198 City of Aventura Arts&Cultural Center Fiscal Year 2024/25 Departmental Budget Summary Department Description The Arts &Cultural is responsible for the operations and programming of the Arts &Cultural Center. The goal is to provide a facility that offers a wide range of quality entertainment and cultivates partnerships with other local and regional organizations to enhance the quality of life for the City by providinga variety of performing arts and relevant cultural programming for audiences of all Arts &Cultural Center Trends $1,600,000 $1,400,000 $1,200,000 $1,000,000 Commodities $800,000 ■Other Charges&Services $600,000 Contractual Services $400,000 $200,000 Actual Amount Actual Amount Amended Budget Commission 2021/22 2022/23 2023/24 Approval 2024/25 Commission Object Actual Amount Actual Amount Amended Half Year Actual Approval Code# Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 3000/3999 Contractual Services $ 891,389 $ 1,075,509 $ 1,053,867 $ 669,126 1,421,650 4000/4999 Other Charges&Services 132,944 124,039 180,650 47,252 146,510 5000/5399 Commodities 4,248 4,916 7,000 2,138 5,750 Total Expenditures $ 1,028,581 $ 1,204,464 $ 1,241,517 $ 718,516 1,573,910 199 Arts Organization City Commission City Manager AACC Advisory General Manage ward r Board Bro Center for the Performing Arts Operation Budgeted . General Manager 1.00 1.00 1.00 1.00 �M 6.65 61 200 Event Services Manager 1.00 1.00 1.00 1.00 Technical Director 1.00 1.00 1.00 1.00 Box Office Manager 1.00 1.00 1.00 1.00 Marketing Coordinator 0.30 0.30 0.30 0.30 Event Services Coordinator(P/T) 0.75 0.75 - - Event Services Coordinator - - 1.00 1.00 Technical Coordinator - - 1.00 1.00 Labor(P/T) 0.25 0.25 0.35 0.35 City of Arts &Cultural Center Fiscal Year 2024/25 Objectives 1 To provide artistic offerings and experiences to our increasingly diverse community with an emphasis on fostering a cooperative spirit and enhancing the quality of life in Aventura. Create a performing arts facility that is welcoming and inclusive of the public at large by maintaining an aesthetically pleasing and 2. professional facility. g Enhance the learning experiences of students at Aventura City of Excellence School and the Don Soffer Aventura High School by expanding performing arts activities and educational opportunities. 4. To increase general public awareness of the value of the cultural and educational programs available. Performance Measures and Scorecard Arts&Cultural Center Actual Actual Projected Estimate City Perfromance Workload Indicators Objective(s) 2021/22 2022/23 2023/24 2024/25 Priority/Goal (n Advisory Board Meetings attended 4 1 3 4 4 m N 0 < N C 0 y Number of performances/events 1,2&4 94 114 123 135 Go m g Total attendance 1,2,3&4 13,750 21,463 22,000 25,000 Q° 0) c v � Go YNumber of promotional material produced 4 10 1 15 1 15 1 15 m v 0 N y Summer Camp 3&4 1 1 1 1 a of patrons who respond favorably to AACC 1 &2 80% 80% 80% 80% 201 City of Aventura Arts&Cultural Center Fiscal Year 2024/25 001-7001-575 Commission Object Actual Amount Actual Amount Amended Half Year Actual Approval Code# Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 Contractual Services 3112 Prof.Services-Management Services $ 155,328 $ 164,352 $ 164,784 $ 82,392 $ 169,728 3114 Prof.Services-Man Serv/Staffing 339,435 419,161 512,083 281,978 614,722 3115 Prof.Services-Man Serv/Marketing 24,000 24,000 30,000 13,200 32,200 3190 Prof.Services-Programming 340,121 423,073 300,000 267,044 550,000 3410 Other Contractual Services-Janitorial Services 32,505 40,782 40,500 13,527 45,000 3491 Other Contractual Services-Other 4,141 6,500 10,985 10,000 Subtotal $ 891,389 $ 1,075,509 $ 1,053,867 $ 669,126 1,421,650 Other 4001 Travel&Per Diem $ $ 67 $ $ $ 4101 Communication Services 9,317 6,898 6,600 2,253 7,660 4201 Postage 16,730 14,468 8,600 15,000 4301 Utilities 63,241 65,278 60,000 37,297 75,000 4440 Copy Machine Costs 1,206 998 2,800 554 1,500 4620 R&M-Buildings 23,261 13,775 13,500 6,354 17,700 4645 R&M-Equipment 3,584 4,977 9,000 707 10,500 4701 Printing&Binding 15,605 16,948 14,500 87 18,500 4910 Advertising 65,000 4920 Licenses/Permit Fees 630 650 650 Subtotal $ 132,944 $ 124,039 $ 180,650 $ 47,252 146,510 Commodities 5101 Office Supplies $ 653 $ 942 $ 1,500 $ 309 $ 1,000 5120 Computer Operating Supplies 502 507 1,000 477 750 5290 Other Operating Supplies 3,093 3,467 4,500 1,352 4,000 Subtotal $ 4,248 $ 4,916 $ 7,000 $ 2,138 5,750 Total Arts&Cultural Center $ 1,028,581 $ 1,204,464 $ 1,241,517 $ 718,516 1,573,910 202 City of Aventura Arts&Cultural Center Fiscal Year 2024/25 Budget Justifications Commission Object Approval Code# Category 2024/25 Comment Payment for services provided in conjunction with the Agreement with Performing Arts Center Authority for management, programming and operational support 3112 Prof.Services-Man Sery 169,728 services Reimbursement to Performing Arts Center Authority in accordance with 3114 Prof.Services-Man Serv/Staffing 614,722 agreement for staff personnel costs Prof.Services-Man 3115 Serv/Marketing 32,200 Payment for marketing and public relation services This line item is used to fund"City Presents"performances in order to attract a 3190 Prof.Services-Programming 550,000 variety of programming Other Contractual Services- 3410 Janitorial Services 45,000 Costs associated with cleaning the AACC facility Other Contractual Services- Estimated costs for waste services, pest control, special event parking services, 3491 Other 10,000 annual fire and fire extinguisher inspection &etc. 4101 Communication Services 7,660 Telephone service and other communication type services 4201 Postage 15,000 Estimated costs for mailing of correspondence,certified mail&season brochure 4301 Utilities 75,000 Electricity,water,sewer and refuse service for the AACC 4440 Copy Machine Costs 1,500 Lease of copy machine Costs of repairs and maintenance at the AACC as well as air conditioning maintenance,fire alarm monitoring/maintenance and generator maintenance. Additional funding is included to cover immediate repairs identified in the recent 4620 R&M-Buildings 17,700 assessments of the condition of all municipal buildings and faciilities. Costs of maintaining service contracts on all equipment located at the AACC. Included in this amount is $6,500 for the refinishing and maintenance of the 4645 R&M-Equipment 10,500 Grand Piano which occurs every two(2)years. 4701 Printing&Binding 18,500 Printing for season brochure and other mailings 4920 Licenses/Permit Fees 650 Annual Fire Permit from Miami-Dade County 5101 Office Supplies 1,000 Costs associated with office supplies 5120 Computer Operating Supplies 750 Costs associated with computer supplies,i.e.toner Costs of other supplies related to theater operations,i.e.tools,small equipment, 5290 Other Operating Supplies 4,000 batteries,tape,etc. Total Arts&Cultural Center $ 1,573,910 203 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 204 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 Non-Departmental 205 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 206 City of Non-Departmental -Transfers Fiscal Year 2024/25 Departmental Budget Summary Department Description The Non-Departmental transfers category of the Non-Departmental Department accounts for the transfers of the City of Aventura from the General Fund to the other Funds of the City. Non-Departmental Transfers Trends $5,000,000 $4,500,000 $4,000,000 $3,500,000 $3,000,000 $2,500,000 Transfers $2,000,000 $1,500,000 $1,000,000 $500,000 Actual Amount Actual Amount Amended Budget Commission Approval 2021/22 2022/23 2023/24 2024/25 Half Year Commission Object Actual Amount Actual Amount Amended Actual Approval Code# Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 9000/9999 Transfers $ 4,887,078 $ 2,391,100 $ 3,132,677 $1,566,340 $ 3,157,530 Total Expenditures $ 4,887,078 $ 2,391,100 $ 3,132,677 $1,566,340 $ 3,157,530 207 City of Aventura Non-Departmental -Transfers Fiscal Year 2024/25 001-9001-581 Half Year Commission Object Actual Amount Actual Amount Amended Actual Approval Code# Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 9118 Transfer-Charter School Fund(190) $ 150,000 $ 150,000 $ 1,081,371 $ 540,686 $ 1,108,552 9119 Transfer-Charter H.S.Fund(191) 150,000 150,000 - - - 9123 Transfer-Debt Svice Fund Ser 2010&/11 (230 1,189,446 1,191,834 1,192,997 596,499 1,192,936 9125 Transfer-Debt Svice Fund Ser 2012(A)(250) 363,969 360,476 361,585 180,793 360,082 9126 Transfer-Debt Svice Fund Ser2018(291) 497,240 497,212 496,724 248,362 495,960 9127 Transfer-Charter H.S.Construction Fund(39. - 41,578 - - - 9128 Transfer-DSAHS 2,536,423 - - - �otal Non-Departmental-Transfers $ 4,887,078 $ 2,391,100 $ 3,132,677 $1,566,340 $ 3,157,530 208 City of Non-Departmental -Transfers Fiscal Year 2024/25 Budget Justifications Commission Object Approval Code# Category 2024/25 Comment T/fer-Charter School Fund Transfer of$300,000 from the Intersection Safety Camera Program revenues and 9118 (190) $ 1,108,552 $808,552 from the General Fund Balance to the Charter School Fund(Fund 190) T/fer-Debt Svice Fund Ser 2010 Transfer to 2010&2011 Debt Service Fund(Fund 230)for required interest and 9123 &/11 (230) 1,192,936 principal on that bank qualified loan with Bank of America T/fer-Debt Svice Fund Ser 2012 Transfer to 2012(A)Loan Debt Service Fund(Fund 250)for required interest and 9125 (A)(250) 360,082 principal on that bank qualified loan with SunTrust Bank T/fer-Debt Svice Fund Ser 2018 Transfer to 2018 Loan Debt Service Fund(Fund 291)for required interest and 9126 (291) 495,960 principal on that bank qualified loan with BB&T Bank Total Non-Departmental-Transfers $ 3,157,530 209 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 210 City of Non-Departmental Fiscal Year 2024/25 Departmental Budget Summary Department Description The Non-Departmental Department accounts for the City-wide expenditures that cannot be readily identified or attributable to a specific department of the City and/or that are used in general by every department of the City. Non-Departmental Trends $3,000,000 $2,500,000 $2,000,000 Other Operating Expenses Commodities $1,500,000 ■Other Charges&Services $1,000,000 Contractual Services $500,000 ■Personal Services Actual Amount Actual Amount Amended Budget Commission 2021/22 2022/23 2023/24 Approval 2024/25 Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 1000/2999 Personal Services $ 5,490 $ 7,404 $ 7,500 $ - $ 5,000 3000/3999 Contractual Services 62,787 195,517 205,000 93,901 221,000 4000/4999 Other Charges&Services 1,781,961 1,713,550 2,691,098 1,673,197 2,491,310 5000/5399 Commodities 55,438 81,217 15,000 45,835 99,500 5400/5499 Other Operating Expenses 217,603 21,466 63,500 8,434 50,000 - Total Expenditures $ 2,123,279 $ 2,019,154 $ 2,982,098 $ 1,821,367 $ 2,866,810 211 City of Non-Departmental Fiscal Year 2024/25 001-9001-590 Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 Personal Services 2501 Unemployment $ 5,490 $ 7,404 $ 7,500 $ - $ 5,000 Subtotal $ 5,490 $ 7,404 $ 7,500 $ - $ 5,000 Contractual Services 3157 Professional Services-Other $ - $ 8,640 $ 5,000 $ 14,730 $ 26,000 3160 Security - 78,756 75,000 29,372 75,000 3410 Janitorial 62,787 89,812 95,000 44,939 95,000 3491 Contractual Services-Other - 18,309 30,000 4,860 25,000 Subtotal $ 62,787 $ 195,517 $ 205,000 $ 93,901 $ 221,000 Other Charges 4101 Communication Services $ 376,654 $ 289,340 $ 375,000 $ 125,369 $ 275,000 4201 Postage 14,408 14,488 15,000 8,957 17,500 4301 Utilities 224,847 254,549 250,000 128,287 260,000 4320 Water 36,772 50,793 45,000 27,973 55,000 4440 Copy Machine Costs 7,711 9,952 11,000 4,086 12,000 4501 Insurance 855,669 925,892 1,748,098 1,299,272 1,431,010 4620 R&M-Government Center 265,900 168,536 247,000 79,253 440,800 Subtotal $ 1,781,961 $ 1,713,550 $ 2,691,098 $ 1,673,197 $ 2,491,310 5211 Commodities Credit Card Fees $ 36,349 $ 69,779 $ - $ 39,374 $ 84,500 5290 Other Operating Supplies 19,089 11,438 15,000 6,461 15,000 Subtotal $ 55,438 $ 81,217 $ 15,000 $ 45,835 $ 99,500 Other Operating Expenses 5410 Subscriptions&Memberships $ - $ 21,466 $ - $ - $ - 5441 Computer Subscriptions - - 13,500 8,434 - 5901 Contingency 91,709 50,000 - 50,000 5950 Disaster Supplies 125,894 - - - - Subtotal $ 217,603 $ 21,466 $ 63,500 $ 8,434 $ 50,000 Total Non-Departmental $ 2,123,279 $ 2,019,154 $ 2,982,098 $ 1,821,367 $ 2,866,810 212 City of - Non-Departmental Fiscal Year 2024/25 Budget Justifications Commission Object Approval Code# Category 2024/25 Comment 2501 Unemployment $ 5,000 Unemployment costs Professional consulting services for testing and inspection requirements at City 3157 Professional Services-Other 26,000 property 3160 Security 75,000 Costs associated with security at the Government Center 3410 Janitorial 95,000 Costs for janitorial services at the Government Center 3491 Contractual Services-Other 25,000 Estimated costs for waste service, pest control,equipment inspections&etc. Telephone service,internet access,web pages and other communication type services for Government Center,this includes Intertel maintenance and Wireless 4101 Communication Services 275,000 data service 4201 Postage 17,500 Estimated costs for mailing of correspondence&certified mail 4301 Utilities 260,000 Electricity for the Government Center 4320 Water 55,000 Water and sewer service for the Government Center 4440 Copy Machine Costs 12,000 Estimated copy machine&postage machine costs for the City General liability, automobile, property, flood and other miscellaneous insurance 4501 Insurance 1,431,010 coverages for City-owned or leased facilities and equipment Costs of maintaining service contracts for mechanical systems and other repairs within the Government Center, i.e A/C,fire alarm&generator maintenance. Additional funding is included for immediate repairs identified in the recent 4620 R&M-Government Center 440,800 assessments of the condition of all muncipal buildings and facilities. Monthly surcharge fees for providing credit cards to customers as a source of 5211 Credit Card Fees 84,500 payment.This account has offsetting revenue. Cost associated with items used by employees City-wide and the costs for employee anniversary awards given to employees who meet threshold 5290 Other Operating Supplies 15,000 anniversaries in their tenure at the City 5901 Contingency 50,000 Reserve for unanticipated expenditures Total Non-Departmental $ 2,866,810 213 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 214 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 Capital Outlay 215 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 216 City of Capital Outlay , Fiscal Year 2024/25 Departmental Budget Summary Department Description The Capital Outlay Department of the General Fund accounts for all capital outlay purchases of the City Departments in the General Fund by Department and Type of acquisition. Capital Outlay Department Trends ■ Non-Departmental Arts&Cultural Center $2,500,000 ■ Public Works/Transportation $2,000,000 . Community Services Community Development $1,500,000 Police $1,000,000 Information Technology Human Resources $500,000 Finance ■City Clerk's Office $ Actual Amount Actual Amount Amended Budget Commission Office of the City Manager 2021/22 2022/23 2023/24 Approval ■City Commission 2024/25 Object Commission Code Actual Amount Actual Amount Amended Half Year Approval #/Division Category 2021/22 2022/23 Budget2023/24 Actual2023/24 2024/25 000 Outlay 8001 City Commission $ - $ 4,687 - $ - $ 8,400 8005 Office of the City Manager 5,371 31,341 14,800 11,014 4,000 8006 Legal - 1,144 - - - 8008 City Clerk's Office 2,457 3,078 1,300 2,300 8010 Finance 4,538 7,558 3,600 - 6,400 8011 Human Resources - 71609 4,350 2,557 12,400 8012 Information Technology 24,768 255,266 191,000 - 141,000 8020 Police 851,082 1,177,870 1,004,465 104,888 1,235,500 8040 Community Development 9,379 25,020 116,024 - 1,300 8050 Community Services 69,675 145,219 608,598 380,604 116,000 8054 Public Works/Transportation 533,091 435,258 138,960 65,002 270,300 8070 Arts&Cultural Center 223,589 124,149 129,543 13,459 86,100 8090 Non-Departmental 314,793 133,330 - - - Total Expenditures 217 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 218 City of Aventur Capital Outlay , Fiscal Year 2024/25 Project Appropriation 001-80XX Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 City Commission-8001-511 6402 Computer Equipment<$5,000 $ $ - - $ - $ 8,400 6410 Equipment>$5,000 4,687 - Subtotal $ $ 4,687 - $ - $ 8,400 • 8005-512 6402 Computer Equipment<$5,000 $ 5,371 $ 2,184 12,800 $ 9,022 $ 4,000 6410 Office Equipment - 29,157 2,000 1,992 - Subtotal $ 5,371 $ 31,341 14,800 $ 11,014 $ 4,000 Legal-8006-514 6402 Computer Equipment<$5,000 $ - $ 1,144 - $ - $ - Subtotal $ - $ 1,144 - $ $ - City Clerk's • 8008-519 6402 Computer Equipment<$5,000 $ 2,457 $ 3,078 1,300 $ $ 2,300 Subtotal $ 2,457 $ 3,078 1,300 $ $ 2,300 Finance-8010-513 6402 Computer Equipment<$5,000 $ 4,538 $ 3,370 3,600 $ $ 6,400 6411 Equipment<$5,000 - 4,188 - - Subtotal $ 4,538 $ 7,558 3,600 $ $ 6,400 Human Resources-8011-513 6402 Computer Equipment<$5,000 $ - $ - 2,850 $ 1,469 $ 2,400 6410 Equipment>$5,000 7,609 - - - 6411 Equipment<$5,000 - 1,500 1,088 10,000 Subtotal $ - $ 7,609 4,350 $ 2,557 $ 12,400 Information Technology. 8012-513 6401 Computer Equipment>$5,000 $ 16,883 $ 249,301 185,000 $ - $ 135,000 6402 Computer Equipment<$5,000 7,885 5,965 6,000 6,000 Subtotal $ 24,768 $ 255,266 191,000 $ $ 141,000 Police-8020-521 6206 Buildings $ - $ - - $ $ 70,000 6401 Computer Equipment>$5,000 - - 9,000 34,000 6402 Computer Equipment<$5,000 67,844 130,281 230,465 41,961 152,500 6407 Radio Purchase&Replacement 40,078 25,916 80,000 63,312 5,000 6410 Equipment>$5,000 156,133 302,376 246,000 - 335,500 6411 Equipment<$5,000 - - - - 55,500 6450 Vehicles 587,027 719,297 439,000 (385) 583,000 Subtotal $ 851,082 $ 1,177,870 1,004,465 $ 104,888 $ 1,235,500 Community Development 8040-524 6402 Computer Equipment<$5,000 $ 9,379 $ 25,020 91,024 $ - $ 1,300 6410 Equipment>$5,000 - - 25,000 - Subtotal $ 9,379 $ 25,020 116,024 $ $ 1,300 219 City of Aventur Capital Outlay , Fiscal Year 2024/25 Project Appropriation 001-80XX Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget2023/24 Actual2023/24 2024/25 Community Services-8050-539 6402 Computer Equipment<$5,000 $ 8,855 $ 9,076 11,450 $ - $ 8,200 6410 Equipment>$5,000 - 4,395 40,000 - 6,000 6411 Equipment<$5,000 6,594 9,205 21,300 4,939 14,800 6205 Community Center Improvements - 42,450 428,848 372,848 13,000 6310 Aventura Founders Park 46,536 75,000 - 59,000 6322 Waterways Park Improvements - 11,675 26,000 - 6323 Waterways Dog Park Improvements 37,046 11,412 6,000 - - 6326 Veterans Park Improvements - 10,470 - 2,817 15,000 6327 Peace Park Improvements 17,180 - - - - Subtotal $ 69,675 $ 145,219 608,598 $ 380,604 $ 116,000 Works/TransportationPublic 8054-539/541 6420 Repairs&Replacements $ 15,000 $ 51,287 - $ - $ 150,000 6421 Government Center Improvements 343,121 39,920 50,000 79 80,000 6301 Beautification Projects 3,745 9,273 26,904 9,167 10,000 6304 Circulator System Improv.-Bus Shelter - - - - 25,000 6309 Seawall Improvements - 277,377 - 6341 Transportation System Imp. 168,701 6,914 - - 6402 Computer Equipment<$5,000 2,524 50,487 6,300 5,300 6410 Equipment>$5,000 - - - - - 6450 Vehicles - - 55,756 55,756 - Subtotal $ 533,091 $ 435,258 138,960 $ 65,002 $ 270,300 Arts&Cultural Center-8070-575 6208 Building Improvements $ 207,361 $ 119,833 - $ - $ 15,000 6402 Computer Equipment<$5,000 4,717 4,316 5,200 - 2,600 6410 Equipment>$5,000 11,511 - 124,343 13,459 40,000 6411 Equipment<$5,000 - - - - 28,500 Subtotal $ 223,589 $ 124,149 129,543 $ 13,459 $Non-Deparbrnental 8090-590 6101 Land Acquisition/Purchase $ 41,402 $ 79,508 - $ - $ - 6206 Garage Expansion/Improvemnts 249,102 - 6410 Equipment>$5,000 24,289 53,822 Subtotal $ 314,793 $ 133,330 - $ - $ - Total Capital $ 2,038,743 $ 2,351,529 2,212,640 $ 577,524 $ 1,883,700 6999 Capital Reserve $ - $ - $ 188,299 $ 94,150 $ 2,988,970 Total Capital with Capital Reserve $ 2,038,743 $ 2,351,529 2,400,939 $ 671,674 $ 4,872,670 220 City of Aventur Capital Outlay , Fiscal Year 2024/25 Capital Project Descriptions Commission Object Approval Code# Category 2024/25 Comment City Commission 6402 Computer Equipment<$5,000 $ 8,400 This project consists of the replacement and upgrade of computer equipment Total City Commission $ 8,400 City Manager's Office 6402 Computer Equipment<$5,000 $ 4,000 This project consists of the replacement and upgrade of computer equipment Total City Manager's Office $ 4,000 City Clerk's Office 6402 Computer Equipment<$5,000 $ 2,300 This project consists of the replacement and upgrade of computer equipment Total City Clerk's Office $ 2,300 Finance 6402 Computer Equipment<$5,000 $ 6,400 This project consists of the replacement and upgrade of computer equipment Total Finance $ 6,400 Human Resources 6402 Computer Equipment<$5,000 $ 2,400 This project consists of the replacement and upgrade of computer equipment 6411 Equipment<$5,000 10,000 This project consists of purchasing new equipment, i.e.Office Furniture Total Human Resources $ 12,400 Information Technology This project consists of purchasing new and replacement computer hardware and software that utilizes the latest technology for the City's general information 6401 Computer Equipment>$5,000 $ 135,000 management system,which is utilized by all City Departments 6402 Computer Equipment<$5,000 6,000 IThis project consists of the replacement and upgrade of computer equipment Total Information Technology $ 141,000 221 City of Aventur Capital Outlay , Fiscal Year 2024/25 Capital Project Descriptions Commission Object Approval Code# Category 2024/25 Comment Police This project consists of various improvements at the Police Department,i.e. 6206 Buildings $ 70,000 Breakroom Remodel Upgrade This project consists of purchasing computer equipment and software that utilizes 6401 Computer Equipment>$5,000 34,000 the latest technology This project consists of purchasing computer equipment and software that utilizes the latest technology,i.e. Desktop Computers, Replacement of Mobile Laptop(s), 6402 Computer Equipment<$5,000 152,500 Vehicle Modem(s)&etc. 6407 Radio Purchase&Replacement 5,000 This project consists of upgrading the E911 equipment This project consists of purchasing new equipment and replacing inefficient, defective or unusable equipment,i.e. New K-9 Purchase, Replacement of In-Car 6410 Equipment>$5,000 335,500 Video, Replacement of Vehicle Equipment&etc. This project consists of purchasing new equipment and replacing inefficient, defective or unusable equipment,i.e. Dive Team Masks and Communications& 6411 Equipment<$5,000 55,500 Patrol Rifles This project consists of purchasing police vehicles to maintain a vehicle 6450 Vehicles 583,000 replacement program Total Police $ 1,235,500 Community Development 6402 Computer Equipment<$5,000 $ 1,300 FThisproject consists of the replacement and upgrade of computer equipment Total Community Development $ 1,300 Community Services 6402 Computer Equipment<$5,000 $ 8,200 This project consists of the replacement and upgrade of computer equipment This project consists of purchasing new equipment and replacing inefficient, defective or unusable equipment for the Community Services Department,i.e. 6410 Equipment>$5,000 6,000 Replacement of Program Mats This project consists of purchasing new equipment and replacing inefficient, 6411 Equipment<$5,000 14,800 defective or unusable equipment Community Center This project consists of various improvements at the Community Recreation 6205 Improvements 13,000 Center,i.e. Replacing Audio Equipment This project consists of the maintenance, replacement and enhancement of various equipment and improvements, i.e. Replacement of Picnic Tabels, 6310 Aventura Founders Park 59,000 Replacement of SplashPad Pumps&Security Enhancements This project consists of the maintenance, replacement and enhancement of 62326 Veterans Park Improvements 15,000 various equipment and improvements,i.e.Security Enahancements Total Community Services $ 116,000 222 City of Aventur Capital Outlay , Fiscal Year 2024/25 Capital Project Descriptions Commission Object Approval Code# Category 2024/25 Comment Public Works/Transportation This project conssits of replacing air conditioning untis at various City facilities,i.e. 6420 Repairs&Replacements $ 150,000 (3)10 ton HVAC units at the CRC Government Center This project consists of various improvements at the Government Center, i.e.2nd 6421 Improvements 80,000 Floor Access to Chamber Roof&Gym Shower&Changing Room Replacement This project consists of the maintenance, replacement and enhancement to street 6301 Beautification Projects 10,000 furniture and water fountains throughout the City Circulator System Improv.-Bus 6304 Shelter 25,000 This project consists of Bus Shelter Improvements 6402 Computer Equipment<$5,000 5,300 This project consists of the replacement and upgrade of computer equipment Total Public Works $ 270,300 Arts &Cultural Center This project consists of various improvements at the Aventura Arts&Cultural 6208 Building Improvements $ 15,000 Center, i.e. Exterior Lighting Replacement 6402 Computer Equipment<$5,000 2,600 This project consists of the replacement and upgrade of computer equipment This project consists of purchasing new equipment and replacing inefficient, defective or unusable equipment, i.e. Replacement of the LCD projector & 6410 Equipment>$5,000 40,000 accessories This project consists of purchasing new equipment and replacing inefficient, 6411 Equipment<$5,000 28,500 defective or unusable equipment Total Arts&Cultural Center $ 86,100 Non-Departmental Amount set aside in the General Fund to be saved for the anticipated overages in the American Rescue Plan Act("ARPA")from the original estimated costs in the Revenue Replacement Category which allows for only$10 million dollars to be 6999 Capital Reserve 2,988,970 spent and/or unanticipated projects or overages on other Capital Projects. Total Non-Departmental $ 2,988,970 Total Capital Outlay $ 4,872,670 223 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 224 City of Aventura Operating and Capital Budget Fiscal Year2024/25 �Q T f � American Rescue Plan Act ("ARPA"") Fund 225 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 226 City of - American Rescue Plan Act("ARPA") Fund- 101 Fiscal Year 2024/25 Fund Budget Summary Fund Description The American Rescue Plan Act("ARPA") Fund is used to account for the revenues and expenditures associated with the Coronavirus State and Local Fiscal Recovery Funds launched by the U.S. Department of the Treasury. This provided $350 billion in emergency funding for eligible state, local, territorial,and tribal governments. The intent of these funds is to aid and assist eligible governmental entities in recovery efforts resulting for the economic fallout of the COVID-19 pandemic.All funds must be obligated by December 31, 2024,and expended by December 31,2026.The City of Aventura received$18,525,074. American Rescue Plan Act ("ARPA") Fund Trends $14,000,000 $12,000,000 $10,000,000 $8,000,000 ■ Revenues $6,000,000 Expenditures $4,000,000 $2,000,000 . $ Actual Amount 2021/22 Actual Amount 2022/23 Amended Budget 2023/24 Commission Approval 2024/25 Revenue Projections Summary by Category Commission Object Actual Amount Actual Amount Amended Half Year Actual Approval Code# Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 �30000/33999 Intergovernmental Revenues $ 1,745,049 $ 6,496,417 7,576,991 $ - $ 2,770,500 �60000/36999' Miscellaneous Revenues (124,737) 492,491 - 273,835 150,000 �99900/39999' Fund Balance 4,412,929 Total Revenues $ 1,620,312 $ 6,988,908 11,989,920 $ 273,835 $ 2,920,500 Expenditures Summary by Category Commission Object Actual Amount Actual Amount Amended Half Year Actual Approval Code# Category 2021/22 2022/23 Budget 2023/24 2023/24 2024125 8001 Human Resources $ 125,884 $ 652,062 33,061 $ 1,200 $ - 8008-8050 Information Technology - 196,167 1,216,041 282,317 710,500 8020 Police 143,218 937,315 1,350,171 504,600 - 8040 Community Development - 15,377 9,988 (14) - 8050 Community Services 244,664 3,757,542 7,371,434 2,759,532 60,000 8054 Public Works 1,202,451 927,564 2,009,225 29,219 2,150,000 9001 Non-Departmental 31,008 10,390 - - - Total Expenditures $ 1,747,225 $ 6,496,417 11,989,920 $ 3,576,854 $ 2,920,500 227 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 228 American Rescue Plan Act(ARPA)Fund- 101 Fiscal Year 2024/25 Revenue Projections Commission Object Actual Amount Actual Amount Amended Half Year Actual Approval Code# &Category -M2021/22 2022/23 Budget 2023/24 2023/24 2024/25 Intergovernmental Revenues 3311001 American Rescue Plan $ 1,745,049 $ 6,496,417 7,576,991 $ $ 2,770,500 Subtotal $ 1,745,049 $ 6,496,417 7,576,991 $ $ 2,770,500 Miscellaneous Revenues 3611000 Interest $ (124,737) $ 492,491 $ 273,835 $ 150,000 Subtotal $ (124,737) $ 492,491 $ 273,835 $ 150,000 Fund Balance 3999000 Carryover $ $ 4,412,929 $ $ Subtotal $ $ 4,412,929 $ $ tal Revenues $ 1,620,312 $ 6,988,908 11,989,920 $ 273,835 $ 2,920,500 Expenditures Commission Object Actual Amount Actual Amount Amended Half Year Actual Approval Code# Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 Human Resources Personal Services(Premium Pay/Public Health-8001-811) 1201 Incentive Pay $ 113,000 $ 634,250 10,000 $ 1,200 $ Subtotal $ 113,000 $ 634,250 10,000 $ 1,200 $ Capital • 8001-861) 6401 Software $ 12,884 $ 17,812 23,061 $ $ Subtotal $ 12,884 $ 17,812 23,061 $ $ tal Human Resources $ 125,884 $ 652,062 33,061 $ 1,200 $ Information Technology Capital • 8008-8050-861) 6401 Software $ $ 50,000 $ $ 400,000 6401 Software 250,000 50,220 6402 Equipment 108,599 308,917 122,861 92,000 6403 Consultant 49,181 251,518 66,173 150,000 6404 Connectivity 32,141 25,606 11,934 6402 Equipment 29,772 6401 Software 6402 Equipment 175,000 6404 Connectivity 6,246 155,000 1,357 68,500 $ 196,167 1,216,041 $ 282,317 $ 710,500 DepartmentPolice Capital • 8020-811/818) 6402 Equipment $ 143,218 $ 3,515 $ $ 6402 Equipment 933,800 1,024,187 504,600 Subtotal $ 143,218 $ 937,315 1,024,187 $ 504,600 $ Capital • 8020-818) 6402 Equipment $ $ 325,984 $ $ Subtotal $ $ 325,984 $ $ Total Police $ 143,218 $ 937,315 1,350,171 $ 504,600 $ 229 City of American Rescue Plan Act(ARPA)Fund- 101 Fiscal Year 2024/25 Expenditures Commission Object Actual Amount Actual Amount Amended Half Year Actual Approval Code# &Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 DevelopmentCommunity Capital • :0-0 6301 Equipment $ $ 15,377 9,988 $ (14) $ Total Community Developm $ 15,377 9,988 $ (14) $ Community Services • 8050-811) 4855 Vaccinations $ 8,893 $ $ $ Subtotal $ 8,893 $ $ $ Capital • 8050-861) 6202 Renovations 60,000 6302 Turf 2,629,037 3,547,468 1,636,652 6307 Lighting&Courts 30,350 1,030,473 1,995,798 1,053,857 6401 Software 37,119 6402 Equipment 6,000 34,872 1,628,168 68,245 6405 Park Improvements 199,421 26,041 200,000 778 Subtotal $ 235,771 $ 3,757,542 7,371,434 $ 2,759,532 $ 60,000 I Total Community Services $ 244,664 $ 3,757,542 7,371,434 $ 2,759,532 $ 60,000 Public Works Capital • 8054-851) 6309 Drainage $ 1,168,285 $ 927,564 2,000,000 $ - $ 650,000 Subtotal $ 1,168,285 $ 927,564 2,000,000 $ - $ 650,000 Capital • 8054-818) 6208 Building Impro/Equip 29,219 1,500,000 6408 Radios 34,166 9,225 Subtotal $ 34,166 $ 9,225 $ 29,219 $ 1,500,000 i Total Public Works $ 1,202,451 $ 927,564 2,009,225 $ 29,219 $ 2,150,000 -DepartmentalNon Contractual Services 00 3410 Janitorial $ 31,008 $ 10,390 $ $ Total Non-Departmental $ 31,008 $ 10,390 $ $ Total Expenditures $ 1,747,225 $ 6,496,417 11,989,920 $ 3,576,854 $ 2,920,500 230 City of American Rescue Plan Act(ARPA)Fund-101 Fiscal Year 2024/25 Revenue Projection Rationale Commission Object Approval Code# Category 2024/25 Comment Revenues received from the U.S. Department of Treasury;these funds have been received and deferred until the end of the year when a journal entry will be made 3311001 American Rescue Plan $ 2,770,500 to cover the expenditures for the fiscal year Investment practices are maintained to allow for 100%of available funds to be invested at all times. Determining factors in forecasting revenue for this line item are the anticipated interest rate and the amount of pooled dollars available for investment.This revenue source has been conservatively budgeted in the coming 3611000 1 Interest 150,000 year due to the low interest rate environment that we are currently in. Total American Rescue Plan Act(ARPA) Fund Revenues $ 2,920,500 Budget Expenditure Justifications Commission Object Approval Code# Category 2024/25 Projects Information Technology 6401 Software $ 400,000 1201-03-ERP/Computer Software Replacement 1201-02-Hardware Upgrades 6402 Equipment 92,000 1201-07-CCTV and Security Cameras-Core 6403 Consultant 150,000 1201-04-IT Consultant 6404 Connectivity 68,500 1201-05-Connectivity Total Information Technology $ 710,500 Parks and Recreation 6202 Rennovations $ 60,000 15001-09-Employee Workspaces Total Parks and Recreation $ 60,000 Public Works 6208 Building Impro/Equip $ 1,500,000 5401-07-Police Department Hardening&Reconstruction 5401-05-199th Street Drainage 6309 Drainage 650,000 5401-06-191st Street Drainage Total Public Works $ 2,150,000 Total American Rescue Plan Act(ARPA) Fund Expenditures $ 2,920,500 231 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 232 City of Aventura Operating and Capital Budget Fiscal Year 202/25 f � Police Education Fund 233 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 234 City of Police Education Fund- 110 Fiscal Year 2024/25 Fund Budget Summary Fund Description The Police Education Fund is used to account for revenues and expenditures associated with the two dollars ($2.00) the City receives from each paid traffic citation, which, by State Statute, must be used to further the education of the City's Police Officers. Police Education Fund Trends $35,000 $30,000 $25,000 $20,000 ■ Revenues $15,000 Expenditures $10,000 $5,000 $- ■ Actual Amount 2021/22 Actual Amount 2022/23 Amended Budget 2023/24 Commission Approval 2024/25 Revenue Projections Summary by Category Commission Object Actual Amount Actual Amount Amended Half Year Actual Approval Code# Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 50000/35999 Fines&Forfeitures $ 5,484 $ 27,904 $ 4,500 $ 1,615 $ 4,000 60000/36999 Miscellaneous Revenues (215) 1,319 - 986 - Total Revenues $ 5,269 $ 29,223 $ 4,500 $ 2,601 $ 4,000 Expenditures Summary by Category Commission Object Actual Amount Actual Amount Amended Half Year Actual Approval Code# Category dig 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 5400/5999 Other Operating Expenses $ 3,180 $ 4,495 $ 4,500 $ 4,040 $ 4,000 IIIL Total Expenditures $ 3,180 $ 4,495 $ 4,500 $ 4,040 $ 4,000 235 City of Police Education Fund-110 Fiscal Year 2024/25 Revenue Projections Commission Object Actual Amount Actual Amount Amended Half Year Actual Approval Code# Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 Fines&Forfeitures 3511000 Fines $ 5,484 $ 27,904 $ 4,500 $ 1,615 $ 4,000 Subtotal $ 5,484 $ 27,904 $ 4,500 $ 1,615 $ 4,000 Miscellaneous Revenues 3611000 Interest $ (215) $ 1,319 $ - $ 986 $ - Subtotal $ (215) $ 1,319 $ - $ 986 $ - - Total Revenues $ 5,269 $ 29,223 $ 4,500 $ 2,601 $ 4,000 Expenditures Commission Object Actual Amount Actual Amount Amended Half Year Actual Approval Code# Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 Other •.erating Expenses-Public Safety-2ii Public Safety-2001-521 5450 Training $ 3,180 $ 4,495 $ 4,500 $ 4,040 $ 4,000 otal Expenditures $ 3,180 $ 4,495 $ 4,500 $ 4,040 $ 236 City of Police Education Fund-110 Fiscal Year 2024/25 Revenue Projection Rationale Commission Object Approval Code# Category 2024/25 Comment Two dollars ($2.00) is received from each paid traffic citation issued within the City's corporate limits, which by State Statute, must be used to further the 3511000 1 Fines 1 $ 4,000 leducation of the City's Police Officers Total Police Education Fund Revenues $ 4,000 Budget Expenditure Justifications Commission Object Approval Code# Category 2024/25 Comment Sworn Officer training, maintaining State standards and having a highly trained, 5450 Training $ 4,000 professional Police Force Total Police Education Fund Expenditures $ 4,000 237 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 238 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 Transportation and Street Maintenance Fund 239 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 240 City of Transportation and Street Maintenance Fund-120 Fiscal Year 2024/25 Fund Budget Summary Fund Description The Transportation and Street Maintenance Fund was established to account for restricted revenues and expenditures which by State Statute are designated for transportation enhancements, street maintenance and construction costs. In FY 2023/24 this the Citizens' Independent Transportation Trust (CITT) revenues and expenditures were moved to the Citizens' ,Independent Transportation Trust(CITT) Fund, Fund 121. Transportation and Street Maintenance Fund Trends $4,500,000 $4,000,000 $3,500,000 $3,000,000 $2,500,000 $2,000,000 ■ Revenues $1,500,000 Expenditures $1,000,000 $500,000 Actual Amount Actual Amount Amended Budget Commission Approval 2021/22 2022/23 2023/24 2024/25 Revenue Projections Summary by Category Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 30000/33999 Intergovernmental Revenues $ 3,055,905 $ 3,352,471 $ 776,000 $ 398,112 $ 847,000 60000/36999 Miscellaneous Revenues 295,102 522,310 150,000 607,994 150,000 Total Revenues $ 3,351,007 $ 3,874,781 $ 926,000 $ 1,006,106 $ 997,000 Expenditures Summary by Category Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 3000/3999 Contractual Services $ 2,309,275 $ 2,594,971 $ 786,000 $ 442,788 $ 588,615 6000/6999 Capital Outlay 481,932 464,094 140,000 1,500 408,385 Total Expenditures $ 2,791,207 $ 3,059,065 $ 926,000 $ 444,288 $ 997,000 241 City of Aventura Transportation and Street Maintenance Fund-120 Fiscal Year 2024/25 Revenue Projections Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 Intergovernmental Revenues 3351200 State Revenue Sharing $ 313,084 $ 344,356 $ 250,000 $ 145,485 $ 300,000 3353001 Local Option Cap.Impr.Gas Tax 138,630 155,860 140,000 61,590 145,000 3353010 Local Option Gas Tax 362,609 413,014 378,000 175,793 390,000 3354930 Fuel Tax Refund - - 8,000 15,244 12,000 3383801 County Transit System Surtax 2,241,582 2,439,241 - - - Subtotal $ 3,055,905 $ 3,352,471 $ 776,000 $ 398,112 $ 847,000 Miscellaneous Revenues 3611000 Interest $ (76,645) $ 252,817 $ 150,000 $ 195,622 $ 150,000 3632000 Transportation Mitigation Impact Fee 335,594 166,974 - 412,372 - 3633000 Citywide Bicycle Sharing 36,153 30,519 - 3661000 Developer Contributions/Streets - 72,000 - - - Subtotal $ 295,102 $ 522,310 $ 150,000 $ 607,994 $ 150,000 Total Revenues $ 3,351,007 $ 3,874,781 $ 926,000 $ 1,006,106 $ 997,000 Expenditures Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 Works/TransportationContractual Services Public i 3450 Landscape/Tree Maint/Streets $ 703,450 $ 711,419 $ 666,000 $ 327,191 $ 463,615 3453 Citywide Bicycle Sharing 83,448 81,427 - - - 3455 Enhanced Transit Services 755,148 594,836 3456 On-Demand Transit Services 662,507 1,112,157 - - - 3460 TVMS Maintenance 104,722 95,132 120,000 115,597 125,000 Subtotal $ 2,309,275 $ 2,594,971 $ 786,000 $ 442,788 $ 588,615 Capital Outlay Works/TransportationPublic i 6304 Circulator System Improv.-Bus Shelter $ 25,000 $ - $ - $ - $ - 6305 Road Resurfacing 416,519 323,094 65,000 6308 Citywide Bicycle Sharing - 8,520 - - - 6341 Transportation System Improv. 40,413 132,480 75,000 1,500 245,000 6999 Capital Reserve - - - - 163,385 Subtotal $ 481,932 $ 464,094 $ 140,000 $ 1,500 $ 408,385 Total Expenditures $ 2,791,207 $ 3,059,065 $ 926,000 $ 444,288 $ 997,000 242 City of - Street Maintenance Fund-120 Fiscal Year 2024/25 Revenue Projection Rationale Commission Object Approval Code# Category 2024/25 Comment Revenue received in this category is projected to approximate 18% for FY 2024/25 of the total State Revenue Sharing Funds. Their source is the motor fuel 3351200 State Revenue Sharing $ 300,000 tax and is restricted to road construction and maintenance. State Revenue Sharing $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 $- ti61k The County has adopted two phases of the local option gas tax as follows: The second phase must be used for transportation expenditures needed to meet the requirements of the capital improvements elements of an adopted comprehensive 3353001 Local Option Cap.Impr.Gas Tax 145,000 plan. The County has adopted two phases of the local option gas tax as follows: The first phase is six cents per gallon on fuel and is collected by the State's Department of Revenue and remitted monthly based on a formula which provides a weight of 75%to population and 25%to center line mileage in each city.These 3353010 Local Option Gas Tax 390,000 funds must be used for transportation related expenditures. Total Local Option Gas Tax $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 243 City of Street Maintenance Fund-120 Fiscal Year 2024/25 Revenue Projection Rationale Continued Commission Object Approval Code# Category 2024/25 Comment Revenue refunded from the State of Florida; per Florida law which refunds 3354930 Fuel Tax Refund 12,000 qualified entities that purchase and use tax-paid fuel for an exempt purpose Investment practices are maintained to allow for 100% of available funds to be invested at all times. Determining factors in forecasting revenue for this line item are the anticipated interest rate and the amount of pooled dollars available for 3611000 1 Interest 150,000 investment. Total Street Maintenance Fund Revenue $ 997,000 Budget Expenditure Justifications Commission Object Approval Code# Category 2024/25 Comment Costs associated with contracting tree, landscape,irrigation and flower 3450 Landscape/Tree Maint/Streets $ 463,615 maintenance services for all public right-of-ways and medians Operating costs associated with maintaining the Traffic Video Monitoring System 3460 TMVS Maintenance 125,000 ("TVMS") Total Operating Expenditures $ 588,615 Capital Project Descriptions Commission Object Approval Code# Category 2024/25 Comment This project consists of Street Lights as follows: CCTV-Cameras-203rd Street&Biscayne Blvd. Electrical Service Relocation CCTV-(2)Cameras-Country Club Drive 6341 Transportation System Improv. $ 245,000 -Purchase(10)Street Lights-Right-of-Ways 6399 1 Capital Reserve 163,385 Estimated amount to be saved for future capital projects Total Capital Outlay Expenditures $ 408,385 Total Street Maintenance Fund Expenditures $ 997,000 244 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 Citizens' Independent Transportation Trust (CITT) Fund 245 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 246 City of Citizens'Independent Transportation Trust(CITT) Fund-121 Fiscal Year 2024/25 Fund Budget Summary Fund Description The Citizens'Independent Transportation Trust(CITT) Fund was established in FY 2023/24 to separately account for restricted revenues and expenditures which by County Transit System Surtax Ordinance are designated for transportation enhancements, street maintenance and construction costs. Previously, the revenues and expenditures for this fund were accounted for in the Transportation and Street Maintenance Fund,fund 120. Citizens' Independent Transportation Trust (CITT) Fund Trends $3,000,000 $2,500,000 $2,000,000 $1,500,000 Revenues $1,000,000 Expenditures $500,000 Actual Amount Actual Amount Amended Budget Commission Approval 2021/22 2022/23 2023/24 2024/25 Revenue Projections Summary by Category Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 30000/33999 Intergovernmental Revenues $ $ $ 2,500,000 $ 886,780 $ 2,400,000 60000/36999 Miscellaneous Revenues 30,000 17,586 30,000 Total Revenues $ $ $ 2,530,000 $ 904,366 $ 2,430,000 Expenditures Summary by Category Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 3000/3999 Contractual Services $ $ $ 2,022,680 $ 1,110,857 $ 1,643,395 6000/6999 Capital Outlay 507,320 16,690 786,605 Total Expenditures $ $ $ 2,530,000 $ 1,127,547 $ 2,430,000 247 City of Citizens'Independent Transportation Trust(CITT) Fund -121 Fiscal Year 2024/25 Revenue Projections Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 Intergovernmental Revenues 3383801 County Transit System Surtax $ $ $ 2,500,000 $ 886,780 $ 2,400,000 Subtotal $ $ $ 2,500,000 $ 886,780 $ 2,400,000 Miscellaneous Revenues 3611000 Interest $ $ $ - $ 2,895 $ - 3633000 Citywide Bicycle Sharing 30,000 14,691 30,000 Subtotal $ $ $ 30,000 $ 17,586 $ 30,000 Total Revenues $ $ $ 2,530,000 $ 904,366 $ 2,430,000 Expenditures Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category WAS6 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 Works/TransportationContractual Services Public i 3453 Citywide Bicycle Sharing $ $ $ 86,000 $ 45,133 $ 95,000 3455 Enhanced Transit Services 511,680 205,421 347,415 3456 On-Demand Transit Services 1,425,000 860,303 1,200,980 Subtotal $ $ $ 2,022,680 $ 1,110,857 $ 1,643,395 OutlayCapital Works/TransportationPublic 6305 Road Resurfacing $ $ $ - $ - $ - 6308 Citywide Bicycle Sharing 81500 - 8,500 6341 Transportation System Improv. 130,000 16,690 - 6999 Capital Reserve 368,820 - 778,105 Subtotal $ $ $ 507,320 $ 16,690 $ 786,605 Total Expenditures $ $ $ 2,530,000 $ 1,127,547 $ 2,430,000 248 City of Citizens'Independent Transportation Trust(CITT)Fund-121 Fiscal Year 2024/25 Revenue Projection Rationale Commission Object Approval Code# Category 2024/25 Comment County voters approved a Yz%sales tax increase for transportation needs that was passed in November 2022 and went into effect January 2003.As provided by 3383801 County Transit System Surtax 2,400,000 County Ordinance,the cities receive 20%of the proceeds based upon population. County Transit System Surtax $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 3633000 Citywide Bicycle Sharing 30,000 Amount received for Bicycle rental program throughout the City Total Citizens'Independent Transportation Trust(CITT)Fund Revenue $ 2,430,000 Budget Expenditure Justifications Commission Object Approval Code# Category 2024/25 Comment 3453 Citywide Bicycle Sharing 95,000 Operating costs associated with the Bicycle Sharing Program 20%funding requirement of the County Transit System Surtax to enhance public bus transportation system beyond levels set in the 2001/02 budget and to fund the expanded transit service routes. This is a percentage of the cost to fund the City's shuttle bus service of three (3)mini-buses public transit routes six (6)days per week on a contractual basis that carries approximately 100,000 passengers per year and links the residential areas to community, retail and medical 3455 Enhanced Transit Services 347,415 establishments,as well as Miami-Dade and Broward routes. Annual funding required for eight(8)Tesla vehicles and two(2)Vans to provide on-demand transit services(within the Designated Service Area)from 7:00 AM- 3456 On-Demand Transit Services 1 1,200,980 11:00 PM every day except Thanksgiving,Christmas and New Years Day Total Operating Expenditures $ 1,643,395 249 City of Citizens'Independent Transportation Trust(CITT) Fund-121 Fiscal Year 2024/25 Capital Project Descriptions Commission Object Approval Code# Category 2024/25 Comment This project consists of the replacement of bicycles utilized for the City's Bicycle 6308 Citywide Bicycle Sharing 8,500 Sharing Program that have become obsolete due to normal wear and tear 6999 Capital Reserve 778,105 Estimated amount to be saved for future capital projects Total Capital Outlay Expenditures $ 786,605 Total Citizens'Independent Transportation Trust(CITT)Fund Expenditures $ 2,430,000 250 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 Building Fund 251 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 252 Building Fund-1641 Fiscal Year 2024/25 Fund Budget Summary Fund Description The Building division of the Community Development Department is responsible for building permitting and inspections. The Building Fund was established in FY 2022/23 to comply with the Building Construction Standards - Enforcement, Chapter 553.80 Section (7)(a)4. of the Floida Statutes. This fund enables the City to account for the monies coming in and out of the building function of the Community Development Department. Building Fund Trends $6,000,000 $5,000,000 $4,000,000 $3 000 000 ■ Revenues Expenditures $2,000,000 $1,000,000 $- Amended Budget 2023/24 Commission Approval 2024/25 Revenue Projections Summary by Category Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 ;20000/32999 Licenses&Permits $ $ 5,360,840 $ 4,239,382 $ 3,241,643 $ 5,195,000 150000/35999 Fines&Forfeitures 350 1,250 !60000/36999 Miscellaneous Revenues 35,948 15,000 89,053 75,000 Total Revenues $ $ 5,397,138 $ 4,255,632 $ 3,330,696 $ 5,270,000 Expenditures Summary by Category Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 1000/2999 Personal Services $ $ 370,258 $ 382,398 $ 185,315 $ 412,748 3000/3999 Contractual Services 3,768,257 3,375,000 2,273,487 3,725,000 4000/4999 Other Charges&Services 137,710 162,192 42,609 62,932 5000/5399 Commodities 6,715 36,750 5,238 66,300 5400/5499 Other Operating Expenses 7,500 3,000 6000/6999 Capital Outlay 13,273 45,200 - 391,990 9000/9999 T/fer-General Fund(001) 535,449 246,592 123,296 608,030 - Total Expenditures $ - $ 4,831,662 $ 4,255,632 $ 2,629,945 $ 5,270,000 253 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 254 Community Development Department Building Fund Organization Chart CommunityOr Development Management *ctor** • ••- • • A• • • • ••- Planning i • • • • ZonLDg • • • • •d- 111compliance Officer" mer Service Rep III* Budgeted Personnel Allocation Summary Position Title 2021/22 r2O22,23 1 2023/24 2024/25 i DevelopmentCommunity Building • Operations"Customer Service Rep 111* 1.0 1.0 1.0 Management Assistant- Operations Officer"Code Compliance Total Full-Time - 2.6 2.6 2.6 Total Part-Time - 1.0 1.0 1.0 Total - 3.6 3.6 3.6 Budgeted in the Building Fund —Allocated with the Building Fund -Management Assistant-Administration formerly entitled Executive Assistant/Planning Technician --Management Assistant-Operations formerly entitled Customer Service Rep II *****Mangement Assistant-Operations promoted to Operations Manager in FY 2023/24 255 City of Building Fund-164, Fiscal Year 2024/25 Objectives 1. Provide customer-focused technical assistance to the community. 2. Provide staff support for building permit and inspections services. 3. Provide staff support and training for the Department's TRAKiT software for the Building function. 4. Facilitate submission of all permit forms digitally via the City's website and implement digital submission of permit applications. 5. Provide E-TRAKiT for online inspection requests and results. 6. Complete building inspections within 24 hours of the request. 7. Complete non-complex building plan review within 10 days. 8. Maintain privatized building inspection and review. 9. Initiate a running,voluntary customer survey to measure satisfaction with technical assistance and customer service with permitting. 10. Provide staff support for code compliance. Performance Measures and Scorecard Cultural Center Actual Actual Projected Estimate City Perfromance Workload Indicators Objective(s) 2021/22 2022/23 2023/24 2024/25 Priority/Goal %of Applications Submitted Digitally 2,4&5 40% 34% 42% 45% (n m a10 No.of Building Permits Issued 2 5,267 4,541 4,564 4,600 5• m m v No.of Building Inspections Performed 6 17,676 21,372 16,682 17,000 S -n O N �• go %of Permits Paid by Credit Card 1 16% 23% 25% 27% ° O 5; v o %of Inspections Requested via Online Portal 4 100% 100% 100% 100% v 0 y %of Plan Reviews Conducted within 10 Days 7 98% 100% 100% 100% a No.of Code Warnings and Notice of Violations Issued 10 253 384 295 250 256 City of Building Fund-1641 Fiscal Year 2024/25 Revenue Projections Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 Licenses&Permits 3221000 Building Permits $ $ 5,161,547 $ 4,069,382 $ 3,094,750 $ 5,000,000 3221500 Radon/Code Comp Admin.Fee 9,926 8,500 8,967 15,000 3222000 Certificate of Occupancy 189,367 161,500 137,926 180,000 Subtotal $ $ 5,360,840 $ 4,239,382 $ 3,241,643 $ 5,195,000 Fines&Forfeitures 3541000 Code Violation Fines $ $ 350 $ 1,250 $ - $ - Subtotal $ $ 350 $ 1,250 $ - $ - Miscellaneous Revenues 3611000 Interest $ $ 35,948 $ 15,000 $ 89,053 $ 75,000 Subtotal $ $ 35,948 $ 15,000 $ 89,053 $ 75,000 Total Revenues $ $ 5,397,138 $ 4,255,632 $ 3,330,696 $ 5,270,000 Expenditures Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 Personal Services Community D- 4001-524 1201 Employee Salaries $ $ 280,169 $ 286,400 $ 139,736 $ 311,589 2101 FICA 21,554 21,910 10,248 23,837 2201 Pension 30,925 31,144 14,869 34,606 2301 Health,Life&Disability 34,764 39,982 19,079 40,155 2401 Workers'Compensation 2,846 2,962 1,383 2,561 Subtotal $ $ 370,258 $ 382,398 $ 185,315 $ 412,748 Contractual Services Community D- 4001-524 3101 Building Inspection Services $ $ 3,768,257 $ 3,335,000 $ 2,273,487 $ 3,700,000 3190 Professional Services - 40,000 - 25,000 Subtotal $ $ 3,768,257 $ 3,375,000 $ 2,273,487 $ 3,725,000 Other Community Development-4001-524 4041 Car Allowance $ $ 1,800 $ 1,800 $ 900 $ 1,800 4101 Communication Services 1,255 492 246 9,132 4420 Leased Equipment 3,030 2,500 1,521 3,000 4645 R&M-Equipment 32,636 81,400 36,189 10,000 4701 Printing 3,211 4,000 3,753 4,000 4730 Records Retention 95,778 70,000 - 35,000 4852 Email Hosting Services - 2,000 - - Subtotal $ $ 137,710 $ 162,192 $ 42,609 $ 62,932 Commodities Community Development-4001-524 5101 Office Supplies $ $ 1,090 $ 3,000 $ 2,589 $ 5,000 5120 Computer Operating Supplies - 33,600 2,367 4,000 5240 Uniforms - 150 282 300 5441 Computer Subscriptions 5,625 - - 57,000 Subtotal $ $ 6,715 $ 36,750 $ 5,238 $ 66,300 Other Operating Community D- 4001-524 5450 Training $ $ - $ 7,500 $ - $ 3,000 Subtotal $ $ - $ 7,500 $ - $ 3,000 257 City of Building Fund-1641 Fiscal Year 2024/25 Expenditures Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 OutlayCapital Community D- 4001-524 6402 Computer Equipment<$5,000 $ $ 13,273 $ 5,200 $ $ 17,930 6410 Equipment>$5,000 40,000 6999 Capital Reserve 374,060 Subtotal $ $ 13,273 $ 45,200 $ $ 391,990 Transfers Community Development-4001-581 9101 Transfer to General Fund $ $ 535,449 $ 246,592 $ 123,296 $ 608,030 Subtotal $ $ 535,449 $ 246,592 $ 123,296 $ 608,030 Total Expenditures $ $ 4,831,662 $ 4,255,632 $ 2,629,945 $ 5,270,000 258 City of Building Fund-164, Fiscal Year 2024/25 Revenue Projection Rationale Commission Object Approval Code# Category 2024/25 Comment Permits must be issued to any individual or business that performs construction work within the City's corporate limits. These permits are issued for construction, such as plumbing, electrical, structural, mechanical, etc. and their fees are set by City Ordinance. The projection includes an increase over the current year budget based on actual collections in the current fiscal year and anticipated FY 2024/25 building activity. Prior to FY 2022/23, these fees 3221000 Building Permits $ 5,000,000 were collected in the General Fund. Building Permits $6,000,000 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 An additional percentage of each permit fee is collected on the State of Radon/Code Comp Admin. Florida's behalf and paid to the State of Florida monthly- this is a pass-thru 3221500 Fee 15,000 account A fee collected by the Building Division when a building is completed and final inspections allow it to be occupied. The C.O.is the culmination of the building plan review and inspection process and involves administrative work over and 3222000 Certificate of Occupancy 180,000 above the typical permitting and inspection work. Investment practices are maintained to allow for 100%of available funds to be invested at all times. Determining factors in forecasting revenue for this line item are the anticipated interest rate and the amount of pooled dollars available 3611000 Interest 75,000 for investment. Total Building Fund Revenue $ 5,270,000 259 City of Building Fund-164, Fiscal Year 2024/25 Budget Expenditure Justifications Commission Object Approval Code# Category 2024/25 Comment (1)Community Development Director`,(1)Building Official(P/T), (1) Management Assistant-Administration",(1)Customer Service Rep III,(1) Management Assistant-Operations",(1)Planner"&(1)Code Compliance Officer"("All of these positions are allocated within the Community 1201 Employee Salaries $ 311,589 Development Department of the General Fund and in the Building Fund). 2101 FICA 23,837 Social Security&Medicare taxes Estimated pension contribution paid by the City for each full-time General 2201 Pension 34,606 employee Estimated annual employee costs for health,dental,life&disability insurance 2301 Health,Life&Disability 40,155 benefits 2401 Workers'Compensation 2,561 Allocated cost of workers'compensation premiums paid Estimated costs associated with the private firm performing permit application review and building inspection services,including 40-year recertification and unsafe structure enforcement. The average number of building permits issued on a monthly basis has remained at a steady high level during the last fiscal 3101 Building Inspection Services 3,700,000 year. Revenues are reflective of the steady high level of activity. 3190 Professional Services 25,000 Costs for landscape review on building permits 4041 Car Allowance 1,800 Department Directors receive$500/month for a car allowance Telephone service and internet service for iPads for Building Division 4101 Communication Services 9,132 personnel 4420 Lease Equipment 3,000 Lease of copy machine 4645 R&M -Equipment 10,000 Annual cost for Bluebeam maintenance&Laserfische 4701 Printing 4,000 Costs associated with printing for the Building Division 4730 Records Retention 35,000 Estimated costs for imaging building permit records Office supplies for the Building Division,i.e.file folders,permit cards,rubber 5101 Office Supplies 5,000 bands,pens and statples Miscellaneous computer supplies for Permit Clerks, Plan Reviewers and 5120 Computer Operating Supplies 4,000 Building Inspectors 5240 Uniforms 300 Uniform shirts for the Building Division staff Annual cost for TRACKiT as well as costs associated with providing email, 5441 Computer Subscriptions 57,000 virus protection and spam filtering for the Building Division 5450 Training 3,000 Training for Plan Reviewers and Inspectors to transition to digital processing Total Operating Expenditures $ 4,269,980 260 City of Building Fund-1641 Fiscal Year 2024/25 Capital Project Descriptions Commission Object Approval Code# Category 2024/25 Comment Replacement and upgrade of computer equipment,i.e.Computer Replacement &Pads for Inspection for Building Division 6402 Computer Equipment<$5,000 17,930 6999 Capital Reserve 374,060 Estimated amount to be saved for future capital projects Total Capital Outlay Expenditures $ 391,990 Transfers Commission Object Approval Code# Category 2024/25 Comment This amount represents the costs for the services that are provided to the Building Fund from the Departments in the General Fund which is transferred 9101 Transfer to General Fund $ 608,030 to the General Fund. Total Transfers $ 608,030 Total Building Fund Expenditures $ 5,270,000 261 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 262 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 911 Fund 263 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 264 City of Aventur 911 Fund-180 , Fiscal Year 2024/25 Fund Budget Summary Fund Description The 911 Fund is used to account for revenues and expenditures specifically earmarked for the City's emergency 911 system in accordance with Florida Statues 365.172. The funds may be used to provide emergency dispatch systems, training, communication, maintenance and repairs and related capital outlay purchases. The fund offsets a portion of the emergency 911 operations. 911 Fund Trends $120,000 $100,000 $80,000 $60,000 ■ Revenues Expenditures $40,000 $20,000 Actual Amount 2021/22 Actual Amount 2022/23 Amended Budget 2023/24 Commission Approval 2024/25 Revenue Projections Summary by Category Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 30000/33999 Intergovernmental Revenues $ 79,751 $ 95,327 $ 71,225 $ 15,639 $ 79,000 60000/36999 Miscellaneous Revenues (892) 3,216 1,500 1,131 - Total Revenues $ 78,859 $ 98,543 $ 72,725 $ 16,770 $ 79,000 Expenditures Summary by Category Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 4000/4999 Other Charges&Services $ 54,719 $ 85,329 $ 62,525 $ 67,781 $ 70,400 5000/5399 Commodities 580 2,949 4,000 780 3,000 5400/5999 Other Operating Expenses 4,057 2,804 6,200 2,244 5,600 Total Expenditures $ 59,356 $ 91,082 $ 72,725 $ 70,805 $ 79,000 265 City of Aventura 911 Fund-180 Fiscal Year 2024/25 Revenue Projections Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 Intergovernmental Revenues 3379110 911 Fees-Wire Line $ 10,878 $ 1,418 $ 2,225 $ 33 $ 1,000 3379111 911 Fees-Wireless 56,000 78,135 57,000 12,699 65,000 3379112 911 Fees-Prepaid 12,873 15,774 12,000 2,907 13,000 Subtotal $ 79,751 $ 95,327 $ 71,225 $ 15,639 $ 79,000 Miscellaneous Revenues 3611000 Interest $ (892) $ 3,216 $ 1,500 $ 1,131 $ - Subtotal $ (892) $ 3,216 $ 1,500 $ 1,131 $ - Total Revenues $ 78,859 $ 98,543 $ 72,725 $ 16,770 $ 79,000 Expenditures 2001-521 Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 Operating Other Charges Public Safety- 00 4001 Travel&Per Diem $ 1,446 $ 1,961 $ 5,000 $ 1,238 $ 5,000 4101 Communication Services - 156 - 14,000 12,265 4645 R&M-Equipment 53,273 83,212 57,525 52,543 53,136 Subtotal $ 54,719 $ 85,329 $ 62,525 $ 67,781 $ 70,400 Commodities Public Safety-2001-521 5290 Other Operating Supplies $ 580 $ 2,949 $ 4,000 $ 780 $ 3,000 Subtotal $ 580 $ 2,949 $ 4,000 $ 780 $ 3,000 Other Operating Expenses Public Safety- ii 5410 Subscriptions&Memberships $ 426 $ 147 $ 1,200 $ 294 $ 600 5450 Training 3,631 2,657 5,000 1,950 5,000 Subtotal $ 4,057 $ 2,804 $ 6,200 $ 2,244 $ 5,600 Total Expenditures $ 59,356 $ 91,082 $ 72,725 $ 70,805 $ 79,000 266 City of Aventur 911 Fund-180 , Fiscal Year 2024/25 Revenue Projection Rationale Commission Object Approval Code# Category 2024/25 Comment Amount anticipated for 911 Wire Line fees collected by the State in accordance 3379110 911 Fees-Wire Line $ 1,000 with Florida Statues 365.172 Amount anticipated for 911 Wireless fees collected by the State in accordance 3379111 911 Fees-Wireless 65,000 with Florida Statues 365.172 Amount anticipated for 911 Prepaid fees collected by the State in accordance with 3379112 911 Fees-Prepaid 13,000 Florida Statues 365.172 Total 911 Fees $110,000 $90,000 $70,000 $50,000 $30,000 $10,000 $(10,000)otiAVb oti � oti oti oti oti ati otik\�� ti ti ti ti ti ti ti T Total 911 Fund Revenue $ 79,000 Budget Expenditure Justifications Commission Object Approval Code# Category 2024/25 Comment Travel and per diem expenditures associated with employees on City business or 4001 Travel&Per Diem $ 5,000 training associated with the City's 911 Center 4101 Communication Services 12,265 AT&T Costs 4645 R&M-Equipment 53,136 Repair and maintenance of the 911 equipment Purchase of supplies and items needed for the daily operation of the Police 5290 Other Operating Supplies 3,000 Department's 911 Center Subscriptions to professional journals and memberships in professional and 5410 Subscriptions&Memberships 600 regional law enforcement organzations as it relates to the 911 Center 5450 Training 5,000 Maintain State standards and a highly trained dispatch function Total 911 Fund Expenditures $ 79,000 267 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 268 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 Debt Service Funds 269 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 270 City of Aventura Debt Service Funds-230-291 Fiscal Year 2024/25 Funds Budget Summary Fund Description The Debt Service Funds are established to account for revenues and/or transfers pledged for debt service payments on long-term financing. Debt Service Funds Trends $2,500,000 $2,490,000 $2,480,000 $2,470,000 $2,460,000 ■ Revenues $2,450,000 Expenditures $2,440,000 $2,430,000 $2,420,000 Actual Amount 2021/22 Actual Amount 2022/23 Amended Budget 2023/24 Commission Approval 2024/25 Revenue Projections Summary by Category Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 80000/38999 Transfer/Debt Proceeds $ 2,494,655 $ 2,493,522 $ 2,455,234 $ 1,227,617 $ 2,451,127 Total Revenues $ 2,494,655 $ 2,493,522 $ 2,455,234 $ 1,227,617 $ 2,451,127 Expenditures by Category Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 7000/7999 Debt Service $ 2,457,437 $ 2,452,310 $ 2,455,234 $ 1,228,951 $ 2,451,127 Total Expenditures $ 2,457,437 $ 2,452,310 $ 2,455,234 $ 1,228,951 $ 2,451,127 271 City of Aventura Debt Service Funds-230-291 Fiscal Year 2024/25 Reveue Projections Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 Transfer/Debt Proceeds 3811001 Transfer from General Fund $ 2,050,655 $ 2,049,522 $ 2,051,306 $ 1,025,653 $ 2,048,978 3811901 Transfer from Charter School Fund 444,000 444,000 403,928 201,964 402,149 Subtotal $ 2,494,655 $ 2,493,522 $ 2,455,234 $ 1,227,617 $ 2,451,127 Total Revenues $ 2,494,655 $ 2,493,522 $ 2,455,234 $ 1,227,617 $ 2,451,127 Expenditures Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 e bt Service -.. i 7130 Principal $ 1,845,000 $ 1,900,000 $ 1,965,000 $ 982,500 $ 2,025,000 7230 Interest 612,437 552,310 490,234 246,451 426,127 Total Expenditures $ 2,457,437 $ 2,452,310 $ 2,455,234 $ 1,228,951 $ 2,451,127 Notes: -The City has no legal debt limit. -General Obligation Debt requires approval by voter referendum. -Other debt requires Commission approval by a Simple Majority(4 of 7 Commissioners) Total Debt Service 5 Year Payout Schedule Fiscal Year Principal Interest Total FY 2024/25 2,025,000 426,127 2,451,127 FY 2025/26 2,080,000 360,121 2,440,121 FY 2026/27 2,145,000 292,125 2,437,125 Thereafter 6,765,000 1,085,788 7,850,788 Total $ 13,015,000 $ 2,164,161 $ 15,179,161 272 City of Aventura Debt Service Series 2010&2011 Fund-230 Fiscal Year 2024/25 Fund Budget Summary Fund Description The Debt Service Fund Series 2010 &2011 Fund was established to account for debt service payment expenditures associated with the long-term financing for the purchase of properties utlized for public parks and the permanent Government Center and the construction of the Government Center.The original debt was issued in 1999 and was refinanced in 2010 and 2011. Debt Service Fund Series 2010 & 2011 Fund Trends $1,194,000 $1,193,000 $1,192,000 $1,191,000 ■Revenues $1,190,000 ■Expenditures $1,189,000 $1,188,000 $1,187,000 Actual Amount 2021/22 Actual Amount 2022/23 Amended Budget Commission Approval 2023/24 2024/25 Revenue Projections by Category Commission bject Actual Amount Actual Amount Amended Half Year Approval ode# Catego 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 80000/38999 Transfer/Debt Proceeds 1,189,446 1,191,834 1,192,997 596,499 1,192,936 otal Revenues $ 1,189,446 $ 1,191,834 $ 1,192,997 $ 596,499 $ 1,192,936 Expenditures by Category Commission bject Actual Amount Actual Amount Amended Half Year Approval ode# Catego 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 7000/7999 Debt Service $ 1,189,446 $ 1,191,834 $ 1,192,997 $ 596,499 $ 1,192,936 Total Expenditures $ 1,189,446 $ 1,191,834 $ 1,192,997 $ 596,499 $ 1,192,936 273 City of Aventura Debt Service Series 2010&2011 Fund-230 Fiscal Year 2024/25 Revenue Projections Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category MM 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 Transfer/Debt Proceeds 3811001 Transfer from General Fund $ 1,189,446 $ 1,191,834 $ 1,192,997 $ 596,499 $ 1,192,936 Total Revenues $ 1,189,446 $ 1,191,834 $ 1,192,997 $ 596,499 $ 1,192,936 Expenditures Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category Jaw 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 e bt Service -.. ii i 7130 Principal $ 915,000 $ 950,000 $ 985,000 $ 492,500 $ 1,020,000 7230 Interest 274,446 241,834 207,997 103,999 172,936 - r Total Expenditures $ 1,189,446 $ 1,191,834 $ 1,192,997 $ 596,499 $ 1,192,936 274 City of Aventura Debt Service Series 2010&2011 Fund-230 Fiscal Year 2023/24 Bank Qualified Loan -Bank of America FBO Refunding Bonds,Series 2010&2011 Combined Amortization Scheudle Annual Period Interest Debt Debt Bond Ending Principal Rate Interest Service Service Balance 4/1/2011 $ 3.42%, 3.64% $ 222,613.20 $ 222,613.20 $ 15,950,000.00 10/1/2011 3.42%, 3.64% 278,866.50 278,866.50 $ 501,479.70 4/1/2012 650,000.00 3.42%, 3.64% 278,866.50 928,866.50 15,300,000.00 10/1/2012 - 3.42%, 3.64% 267,509.50 267,509.50 1,196,376.00 4/1/2013 675,000.00 3.42%, 3.64% 267,509.50 942,509.50 14,625,000.00 10/1/2013 - 3.42%, 3.64% 255,714.00 255,714.00 1,198,223.50 4/1/2014 695,000.00 3.42%, 3.64% 255,714.00 950,714.00 13,930,000.00 10/1/2014 - 3.42%, 3.64% 243,565.50 243,565.50 1,194,279.50 4/1/2015 725,000.00 3.42%, 3.64% 243,565.50 968,565.50 13,205,000.00 10/1/2015 - 3.42%, 3.64% 230,887.50 230,887.50 1,199,453.00 4/1/2016 745,000.00 3.42%, 3.64% 230,887.50 975,887.50 12,460,000.00 10/1/2016 - 3.42%, 3.64% 217,862.00 217,862.00 1,193,749.50 4/1/2017 775,000.00 3.42%, 3.64% 217,862.00 992,862.00 11,685,000.00 10/1/2017 - 3.42%, 3.64% 204,312.50 204,312.50 1,197,174.50 4/1/2018 805,000.00 3.42%, 3.64% 204,312.50 1,009,312.50 10,880,000.00 10/1/2018 - 3.42%, 3.64% 190,239.00 190,239.00 1,199,551.50 4/1/2019 830,000.00 3.42%, 3.64% 190,239.00 1,020,239.00 10,050,000.00 10/1/2019 - 3.42%, 3.64% 175,732.50 175,732.50 1,195,971.50 4/1/2020 860,000.00 3.42%, 3.64% 175,732.50 1,035,732.50 9,190,000.00 10/1/2020 - 3.42%, 3.64% 160,696.50 160,696.50 1,196,429.00 4/1/2021 885,000.00 3.42%, 3.64% 160,696.50 1,045,696.50 8,305,000.00 10/1/2021 - 3.42%, 3.64% 145,222.00 145,222.00 1,190,918.50 4/1/2022 915,000.00 3.42%, 3.64% 145,222.00 1,060,222.00 7,390,000.00 10/1/2022 - 3.42%, 3.64% 129,223.50 129,223.50 1,189,445.50 4/1/2023 950,000.00 3.42%, 3.64% 129,223.50 1,079,223.50 6,440,000.00 10/1/2023 - 3.42%, 3.64% 112,610.00 112,610.00 1,191,833.50 4/1/2024 985,000.00 3.42%, 3.64% 112,610.00 1,097,610.00 5,455,000.00 10/1/2024 - 3.42%, 3.64% 95,387.00 95,387.00 1,192,997.00 4/1/2025 1,020,000.00 3.42%,3.64% 95,387.00 1,115,387.00 4,435,000.00 10/1/2025 - 3.42%,3.64% 77,549.00 77,549.00 1,192,936.00 4/1/2026 1,050,000.00 3.42%, 3.64% 77,549.00 1,127,549.00 3,385,000.00 10/1/2026 - 3.42%, 3.64% 59,192.50 59,192.50 1,186,741.50 4/1/2027 1,085,000.00 3.42%, 3.64% 59,192.50 1,144,192.50 2,300,000.00 10/1/2027 - 3.42%, 3.64% 40,221.00 40,221.00 1,184,413.50 4/1/2028 1,130,000.00 3.42%, 3.64% 40,221.00 1,170,221.00 1,170,000.00 10/1/2028 - 3.42%, 3.64% 20,463.50 20,463.50 1,190,684.50 4/1/2029 1,170,000.00 3.42%, 3.64% 20,463.50 1,190,463.50 1,190,463.50 $ 15,950,000.00 $ 6,033,121.20 $ 21,983,121.20 $ 21,983,121.20 5 Year Payout Schedule Fiscal Year Principal Interest Total FY 2024/25 1,020,000 172,936 1,192,936 FY 2025/26 1,050,000 136,742 1,186,742 FY 2026/27 1,085,000 99,414 1,184,414 Thereafter 2,300,000 81,148 2,381,148 Total $ 5,455,000 $ 490,240 $ 5,945,240 275 City of Aventura Debt Service Series 2012(A) Fund-250 Fiscal Year 2024/25 Fund Budget Summary Fund Description The Debt Service Series 2012 (A) Fund was established to account for debt service payment expenditures associated with the 2002 Loan which was used to acquire property for the Charter School and partially fund the Community Recreation Center.The original debt was issued in 2002 and was refinanced in 2012. Debt Service Series 2012 (A) Fund Trends $365,000 $364,000 $363,000 $362,000 Revenues $361,000 Expenditures $360,000 $359,000 $358,000 Actual Amount 2021/22 Actual Amount 2022/23 Amended Budget Commission Approval 2023/24 2024/25 Revenue Projections Summary by Category Amended Half Year Commission Object Actual Amount Actual Amount Budget Actual Approval Code# Categ 2021/22 2022/23 2023/24 2023/24 2024/25 80000/38999 Transfer/Debt Proceeds $ 363,969 $ 360,476 $ 361,585 $ 180,793 $ 360,082 Total Revenues $ 363,969 $ 360,476 $ 361,585 $ 180,793 $ 360,082 Expenditures Summary by Category Amended Half Year Commission Object Actual Amount Actual Amount Budget Actual Approval Code# Category X 2021/22 2022/23 2023/24 2023/24 2024/25 7000/7999 Debt Service $ 363,969 $ 360,476 $ 361,585 $ 180,792 $ 360,082 Total Expenditures $ 363,969 $ 360,476 $ 361,585 $ 180,792 $ 360,082 276 City of Aventura Debt Service Series 2012(A)Fund-250 Fiscal Year 2024/25 Revenue Projections Amended Half Year Commission Object Actual Amount Actual Amount Budget Actual Approval Code# Category 2021/22 2022/23 2023/24 2023/24 2024/25 Transfer/Debt Proceeds 3811001 Transfer from General Fund $ 363,969 $ 360,476 $ 361,585 $ 180,793 $ 360,082 Total Revenues $ 363,969 $ 360,476 $ 361,585 $ 180,793 $ 360,082 Expenditures Amended Half Year Commission Object Actual Amount Actual Amount Budget Actual Approval Code# Category 2021/22 2022/23 2023/24 2023/24 2024/25 e bt Service -.. ii i 7130 Principal $ 311,916 $ 316,642 $ 326,094 $ 163,047 $ 333,183 7230 Interest 52,053 43,834 35,491 17,745 26,899 Total Expenditures $ 363,969 $ 360,476 $ 361,585 $ 180,792 $ 360,082 277 City of Aventura Debt Service Fund Series 2012(A)- Fund 250 Fiscal Year 2023124 Bank Qualified Loan -SunTrust Bank Refunding Bonds,Series 2012(A) Amortization Schedule Annual Period Interest Debt Debt Bond Ending Principal Rate Interest Service Service Balance 2/1/2013 $ - $ 63,934.14 $ 63,934.14 $ 4,671,651.00 8/1/2013 278,834.00 2.18% 50,921.00 329,755.00 $ 393,689.14 4,392,817.00 2/1/2014 - 47,881.71 47,881.71 8/1/2014 300,101.00 2.18% 47,881.71 347,982.71 395,864.42 4,092,716.00 2/1/2015 - 44,610.60 44,610.60 8/1/2015 307,190.00 2.18% 44,610.60 351,800.60 396,411.20 3,785,526.00 2/1/2016 - 41,262.23 41,262.23 8/1/2016 314,279.00 2.18% 41,262.23 355,541.23 396,803.46 3,471,247.00 2/1/2017 - 37,836.59 37,836.59 8/1/2017 321,368.00 2.18% 37,836.59 359,204.59 397,041.18 3,149,879.00 2/1/2018 - 35,370.48 35,370.48 8/1/2018 283,560.00 2.65% 41,498.93 325,058.93 360,429.41 2,866,319.00 2/1/2019 - 37,763.09 37,763.09 8/1/2019 290,649.00 2.65% 37,763.09 328,412.09 366,175.18 2,575,670.00 2/1/2020 - 33,933.85 33,933.85 8/1/2020 297,738.00 2.65% 33,933.85 331,671.85 365,605.70 2,277,932.00 2/1/2021 - 30,011.22 30,011.22 8/1/2021 302,464.00 2.65% 30,011.22 332,475.22 362,486.44 1,975,468.00 2/1/2022 - 26,026.33 26,026.33 8/1/2022 311,916.00 2.65% 26,026.33 337,942.33 363,968.66 1,663,552.00 2/1/2023 - 21,916.91 21,916.91 8/1/2023 316,642.00 2.65% 21,916.91 338,558.91 360,475.82 1,346,910.00 2/1/2024 - 17,745.23 17,745.23 8/1/2024 326,094.00 2.65% 17,745.23 343,839.23 361,584.46 1,020,816.00 2/1/2025 - 13,449.01 13,449.01 8/1/2025 333,183.00 2.65% 13,449.01 346,632.01 360,081.02 687,633.00 2/1/2026 - 9,059.41 9,059.41 8/1/2026 340,272.00 2.65% 9,059.41 349,331.41 358,390.82 347,361.00 2/1/2027 - 4,576.40 4,576.40 8/1/2027 347,361.00 2.65% 4,576.40 351,937.40 356,513.80 - $4,671,651.00 $ 923,869.71 $5,595,520.71 $ 5,595,520.71 5 Year Payout Schedule Fiscal Year Principal Interest Total FY 2024125 333,183 26,899 360,082 FY 2025/26 340,272 18,119 358,391 FY 2026/27 347,361 9,153 356,514 Total $1,020,816 $ 54,171 $ 1,074,987 278 City of Aventura Debt Service Series 2012(B) Fund-290 Fiscal Year 2024/25 Fund Budget Summary Fund Description The Debt Service Series 2012 (B) Fund was established to account for debt service payment expenditures associated with the Florida Intergovernmental Finance Commission Loan which was used to fund the construction and equipment for the Aventura Charter Elementary School.The original debt was issued in 2002 and was refinanced in 2012. Debt Service Series 2012 (B) Fund Trends $450,000 $440,000 $430,000 $420,000 ■Revenues $410,000 ■Expenditures $400,000 $390,000 $380,000 PON Actual Amount 2021/22 Actual Amount 2022/23 Amended Budget 2023/24 Commission Approval 2024/25 Revenue Projections Summary by Category Commission Object Actual Amount Actual Amount Amended Half Year Actual Approval Code 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 80000/38999 Transfer/Debt Proceeds $ 444,000 $ 444,000 $ 403,928 $ 201,964 $ 402,149 tal Revenues $ 444,000 $ 444,000 $ 403,928 $ 201,964 $ 402,149 Expenditures Summary by Category Commission Object Actual Amount Actual Amount Amended Half Year Actual Approval ode# Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 7000/7999 Debt Service $ 406,782 $ 402,788 $ 403,928 $ 201,964 $ 402,149 Total Expenditures $ 406,782 $ 402,788 $ 403,928 $ 201,964 $ 402,149 279 City of Aventura Debt Service Series 2012(B) Fund-290 Fiscal Year 2024125 Revenue Projections Commission Object Actual Amount Actual Amount Amended Half Year Actual Approval Code# Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 Transfer/Debt Proceeds 3811901 Transfer from Charter School Fund $ 444,000 $ 444,000 $ 403,928 $ 201,964 $ 402,149 Subtotal $ 444,000 $ 444,000 $ 403,928 $ 201,964 $ 402,149 Total Revenues $ 444,000 $ 444,000 $ 403,928 $ 201,964 $ 402,149 Expenditures Commission Object Actual Amount Actual Amount Amended Half Year Actual Approval Code# Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 e bt Service -.. ii i 7130 Principal $ 348,084 $ 353,358 $ 363,906 $ 181,953 $ 371,817 7230 Interest 58,698 49,430 40,022 20,011 30,332 - Total Expenditures $ 406,782 $ 402,788 $ 403,928 $ 201,964 $ 402,149 280 City of Aventura Debt Service Fund Series 2012 (B) - Fund 290 Fiscal Year 2023/24 Bank Qualified Loan -SunTrust Bank Refunding Bonds, Series 2012(B) Amortization Schedule Annual Period Interest Debt Debt Bond Ending Principal Rate Interest Service Service Balance 2/1/2013 $ - $ 71,347.58 $ 71,347.58 $ 5,213,349.00 8/1/2013 311,166.00 2.18% 56,825.50 367,991.50 $ 439,339.08 4,902,183.00 2/1/2014 - 53,433.79 53,433.79 8/1/2014 334,899.00 2.18% 53,433.79 388,332.79 441,766.58 4,567,284.00 2/1/2015 - 49,783.40 49,783.40 8/1/2015 342,810.00 2.18% 49,783.40 392,593.40 442,376.80 4,224,474.00 2/1/2016 - 46,046.77 46,046.77 8/1/2016 350,721.00 2.18% 46,046.77 396,767.77 442,814.54 3,873,753.00 2/1/2017 - 42,223.91 42,223.91 8/1/2017 358,632.00 2.18% 42,223.91 400,855.91 443,079.82 3,515,121.00 2/1/2018 - 39,885.87 39,885.87 8/1/2018 316,440.00 2.65% 46,796.66 363,236.66 403,122.53 3,198,681.00 2/1/2019 - 42,583.91 42,583.91 8/1/2019 324,351.00 2.65% 42,583.91 366,934.91 409,518.82 2,874,330.00 2/1/2020 - 38,265.84 38,265.84 8/1/2020 332,262.00 2.65% 38,265.84 370,527.84 408,793.68 2,542,068.00 2/1/2021 - 33,842.45 33,842.45 8/1/2021 337,536.00 2.65% 33,842.45 371,378.45 405,220.90 2,204,532.00 2/1/2022 - 29,348.85 29,348.85 8/1/2022 348,084.00 2.65% 29,348.85 377,432.85 406,781.70 1,856,448.00 2/1/2023 - 24,714.82 24,714.82 8/1/2023 353,358.00 2.65% 24,714.82 378,072.82 402,787.64 1,503,090.00 2/1/2024 - 20,010.57 20,010.57 8/1/2024 363,906.00 2.65% 20,010.57 383,916.57 403,927.14 1,139,184.00 2/1/2025 - 15,165.91 15,165.91 8/1/2025 371,817.00 2.65% 15,165.91 386,982.91 402,148.82 767,367.00 2/1/2026 - 10,215.92 10,215.92 8/1/2026 379,728.00 2.65% 10,215.92 389,943.92 400,159.84 387,639.00 2/1/2027 - 5,160.62 5,160.62 8/1/2027 387,639.00 2.65% 5,160.62 392,799.62 397,960.24 - $ 5,213,349.00 $ 1,036,449.13 $ 6,249,798.13 $ 6,249,798.13 � 5 Year Payout Schedule Fiscal Year Principal Interest Total FY 2024/25 371,817 30,332 402,149 FY 2025/26 379,728 20,432 400,160 FY 2026/27 387,639 10,322 397,961 Total $ 1,139,184 $ 61,086 $ 1,200,270 281 City of Aventura Debt Service Series 2018 Fund-291 Fiscal Year 2024/25 Fund Budget Summary Fund Description The Debt Service Series 2018 Fund was established to account for debt service payment expenditures associated with the `partial construction and equipping of the Don Soffer Aventura High School within the City and paying costs of issuance of the bonds.The bank qualified bonds were issued in February of 2018,have a life of 20 years and an interest rate of 3.68%. Debt Service Series 2018 Fund Trends $497,500 $497,000 $496,500 ■ Revenues $496,000 Expenditures $495,500 $495,000 Actual Amount 2021/22 Actual Amount 2022/23 Amended Budget 2023/24 Commission Approval 2024/25 Revenue Projections Summary by Category Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 4M 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 80000/38999 Transfer/Debt Proceeds $ 497,240 $ 497,212 $ 496,724 $ 248,362 $ 495,960 Total Revenues $ 497,240 $ 497,212 $ 496,724 $ 248,362 $ 495,960 Expenditures Summary by Category Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 7000/7999 Debt Service $ 497,240 $ 497,212 $ 496,724 $ 249,696 $ 495,960 Total Expenditures $ 497,240 $ 497,212 $ 496,724 $ 249,696 $ 495,960 282 City of Aventura Debt Service Series 2018 Fund-291 Fiscal Year 2024/25 Revenue Projections Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 Transfer/Debt Proceeds 3811001 Transfer from General Fund $ 497,240 $ 497,212 $ 496,724 $ 248,362 $ 495,960 otal Revenues $ 497,240 $ 497,212 $ 496,724 $ 248,362 $ 495,960 Expenditures Commission Object Actual Amount Actual Amount Amended Half Year Approval Code# Category 2021/22 2022/23 Budget 2023/24 Actual 2023/24 2024/25 e bt Service -.. 9001-590 7130 Principal $ 270,000 $ 280,000 $ 290,000 $ 145,000 $ 300,000 7230 Interest 227,240 217,212 206,724 104,696 195,960 Total Expenditures $ 497,240 $ 497,212 $ 496,724 $ 249,696 $ 495,960 283 City of Aventura Debt Service Fund Series 2018-Fund 291 Fiscal Year 2023/24 Bank Qualified Loan -BB&T Bank Capital Revenue Bonds,Series 2018 Amortization Schedule Annual Period Interest Debt Debt Bond Ending Principal Rate Interest Service Service Balance 2/15/2018 $ 7,100,000 8/1/2018 $ 110,000 3.68% $ 120,479 $ 230,479 $ 230,479 6,990,000 2/1/2019 120,000 3.68% 128,616 248,616 6,870,000 8/1/2019 120,000 3.68% 126,408 246,408 495,024 6,750,000 2/1/2020 125,000 3.68% 124,200 249,200 6,625,000 8/1/2020 125,000 3.68% 121,900 246,900 496,100 6,500,000 2/1/2021 130,000 3.68% 119,600 249,600 6,370,000 8/1/2021 130,000 3.68% 117,208 247,208 496,808 6,240,000 2/1/2022 130,000 3.68% 114,816 244,816 6,110,000 8/1/2022 140,000 3.68% 112,424 252,424 497,240 5,970,000 2/1/2023 135,000 3.68% 109,848 244,848 5,835,000 8/1/2023 145,000 3.68% 107,364 252,364 497,212 5,690,000 2/1/2024 145,000 3.68% 104,696 249,696 5,545,000 8/1/2024 145,000 3.68% 102,028 247,028 496,724 5,400,000 2/1/2025 1503000 3.68% 993360 249,360 5,250,000 8/1/2025 150,000 3.68% 96,600 246,600 4953960 5,100,000 2/1/2026 155,000 3.68% 93,840 248,840 4,945,000 8/1/2026 155,000 3.68% 90,988 245,988 494,828 4,790,000 2/1/2027 165,000 3.68% 88,136 253,136 4,625,000 8/1/2027 160,000 3.68% 85,100 245,100 498,236 4,465,000 2/1/2028 165,000 3.68% 82,156 247,156 4,300,000 8/1/2028 170,000 3.68% 79,120 249,120 496,276 4,130,000 2/1/2029 175,000 3.68% 75,992 250,992 3,955,000 8/1/2029 175,000 3.68% 72,772 247,772 498,764 3,780,000 2/1/2030 180,000 3.68% 69,552 249,552 3,600,000 8/1/2030 180,000 3.68% 66,240 246,240 495,792 3,420,000 2/1/2031 185,000 3.68% 62,928 247,928 3,235,000 8/1/2031 190,000 3.68% 59,524 249,524 497,452 3,045,000 2/1/2032 195,000 3.68% 56,028 251,028 2,850,000 8/1/2032 195,000 3.68% 52,440 247,440 498,468 2,655,000 2/1/2033 205,000 3.68% 48,852 253,852 2,450,000 8/1/2033 200,000 3.68% 45,080 245,080 498,932 2,250,000 2/1/2034 205,000 3.68% 41,400 246,400 2,045,000 8/1/2034 210,000 3.68% 37,628 247,628 494,028 1,835,000 2/1/2035 220,000 3.68% 33,764 253,764 1,615,000 8/1/2035 215,000 3.68% 29,716 244,716 498,480 1,400,000 2/1/2036 225,000 3.68% 25,760 250,760 1,175,000 8/1/2036 225,000 3.68% 21,620 246,620 497,380 950,000 2/1/2037 230,000 3.68% 17,480 247,480 720,000 8/1/2037 235,000 3.68% 13,248 248,248 495,728 485,000 2/1/2038 245,000 3.68% 8,924 253,924 240,000 8/1/2038 240,000 3.68% 4,416 244,416 498,340 - $ 7,100,000 $ 3,068,251 $ 10,168,251 $ 10,168,251 5 Year Payout Schedule Fiscal Year Principal Interest Total FY 2024/25 300,000 195,960 4953960 FY 2025/26 310,000 184,828 494,828 FY 2026/27 325,000 173,236 498,236 Thereafter 4,465,000 1,004,640 5,469,640 Total $5,400,000 $ 1,558,664 $ 6,958,664 284 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 i Capital Projects Fund 285 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 286 City of Aventura Capital Projects Fund- 392 Fiscal Year 2024/25 Fund Budget Summary Fund Description The Capital Projects Fund was established to account for impact fees and other revenues specifically earmarked for capital (projects restricted by City Ordinance or Commission Policy. Capital Projects Fund Trends $90,000 $80,000 $70,000 $60,000 $50,000 $40,000 ■ Revenues Expenditures $30,000 $20,000 $10,000 Actual Amount 2021/22 Actual Amount 2022/23 Amended Budget Commission Approval 2023/24 2024/25 Revenue Projections Summary by Category Half Year Commission Object Actual Amount Actual Amount Amended Actual Approval Code# Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 60000/36999 Miscellaneous Revenues $ 47,913 $ 46,413 $ - $ 160,821 $ - 99900/39999 Fund Balance - - 63,500 31,750 28,100 Total Revenues $ 47,913 $ 46,413 $ 63,500 $ 192,571 $ 28,100 Expenditures Summary by Category Half Year Commission Object Actual Amount Actual Amount Amended Actual Approval Code# Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 6000/6999 Capital Outlay $ 83,949 $ 72,220 $ 63,500 $ 3,294 $ 28,100 Total Expenditures $ 83,949 $ 72,220 $ 63,500 $ 3,294 $ 28,100 287 City of Aventura Capital Projects Fund- 392 Fiscal Year 2024/25 Revenue Projections Half Year Commission Object Actual Amount Actual Amount Amended Actual Approval Code# Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 Miscellaneous Revenues 3611000 Interest $ (9,847) $ 27,902 $ - $ 23,270 $ 3632200 Police Impact Fees 57,760 18,511 32,964 3632700 Recreation Impact Fees - - 104,587 Subtotal $ 47,913 $ 46,413 $ $ 160,821 $ - Fund Balance 3999000 Carryover-Police $ - $ - $ 63,500 $ 31,750 $ 28,100 Subtotal $ - $ - $ 63,500 $ 31,750 $ 28,100 Total Revenues $ 47,913 $ 46,413 $ 63,500 $ 192,571 $ 28,100 Expenditures Half Year Commission Object Actual Amount Actual Amount Amended Actual Approval Code# Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 OutlayCapital Police-2001-521 6410 Equipment>$5,000 $ - $ - $ 7,500 $ - $ 7,700 6411 Equipment<$5,000 83,949 72,220 56,000 3,294 20,400 Subtotal $ 83,949 $ 72,220 $ 63,500 $ 3,294 $ 28,100 Total Expenditures $ 83,949 $ 72,220 $ 63,500 $ 3,294 $ 28,100 288 City of Aventura Capital Projects Fund-392 Fiscal Year 2024/25 Revenue Projection Rationale Commission Object Approval Code# Category 2024/25 Comment Represents funds set aside from previously collected Police Impact Fees used for 3999000 Carryover-Police $ 28,100 the expenditures in the current fiscal years budget Total Capital Projects Fund Revenues $ 28,100 Capital Project Descriptions Commission Object Approval Code# Category 2024/25 Comment Police Purchase of new equipment and replacing inefficient,defective or unusable equipment for the Police Department,including the following: 6410 Equipment>$5,000 $ 7,700 -(1)Ballistic Shield Purchase of new equipment and replacing inefficient,defective or unusable equipment for the Police Department,including the following: 6411 1 Equipment<$5,000 20,400 -(12)Ballistic Vests Total Capital Projects Fund Expenditures $ 28,100 289 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 290 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 Stormwater Utility Fund 291 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 292 City of Aventura Stormwater Utility Fund-410 Fiscal Year 2024/25 Fund Budget Summary Fund Description The Stormwater Utility Fund is used to account for revenues and expenditures specifically earmarked for the construction and maintenance of the Ci 's stormwater drainage system. Stormwater Utility Fund Trends $2,000,000 $1,800,000 $1,600,000 $1,400,000 $1,200,000 $1,000,000 ■ Revenues $800,000 Expenses $600,000 $400,000 $200,000 $- Actual Amount 2021/22 Actual Amount 2022/23 Amended Budget 2023/24 Commission Approval 2024/25 Revenue Projections Summary by Category Half Year Commission Object Actual Amount Actual Amount Amended Actual Approval Code# Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 30000/33999 Intergovernmental Revenues $ 458,194 $ - $ - $ - $ 348,000 40000/34999 Charges for Services 1,331,986 1,496,111 1,335,000 535,202 1,500,000 60000/36999 Miscellaneous Revenues (6,774) 46,946 25,000 47,482 35,000 Total Revenues $ 1,783,406 $ 1,543,057 $ 1,360,000 $ 582,684 $ 1,883,000 Expenses Summary by Category Half Year Commission Object Actual Amount Actual Amount Amended Actual Approval Code# Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 3000/3999 Contractual Services $ 681,762 $ 607,692 $ 710,000 $ 294,242 $ 1,040,000 5400/5999 Other Operating Expenses 501,978 521,827 7,000 275 7,500 6000/6999 Capital Outlay 68,640 1,759 643,000 4,679 835,500 Total Expenses $ 1,252,380 $ 1,131,278 $ 1,360,000 $ 299,196 $ 1,883,000 293 City of Aventura Stormwater Utility Fund-410 Fiscal Year 2024/25 Revenue Projections Half Year Commission Object Actual Amount Actual Amount Amended Actual Approval Code# Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 Intergovernmental Revenues 3343606 FDEP Grant $ 458,194 $ $ - $ $ 348,000 Subtotal $ 458,194 $ $ - $ $ 348,000 Charges for Services 3439110 Stormwater Utility Fees $ 1,331,986 $ 1,496,111 $ 1,335,000 $ 535,202 $ 1,500,000 Subtotal $ 1,331,986 $ 1,496,111 $ 1,335,000 $ 535,202 $ 1,500,000 Miscellaneous Revenues 3611000 Interest $ (6,774) $ 46,946 $ 25,000 $ 47,482 $ 35,000 Subtotal $ (6,774) $ 46,946 $ 25,000 $ 47,482 $ 35,000 Total Revenues $ 1,783,406 $ 1,543,057 $ 1,360,000 $ 582,684 $ 1,883,000 Expenses Half Year Commission Object Actual Amount Actual Amount Amended Actual Approval Code# Category 2021/22 2022/23 Budget 2023/24 2023/24 2024/25 Operating Works/TransportationContractual Services Public 3110 Professional Services-Engineering $ 135,956 $ 86,043 $ 170,000 $ 29,212 $ 500,000 3450 Lands Maintenance-Streets 370,333 382,195 370,000 191,285 370,000 3460 Street Maintenance/Drainage 175,473 139,454 170,000 73,745 170,000 Subtotal $ 681,762 $ 607,692 $ 710,000 $ 294,242 $ 1,040,000 Other Operating Expenses Public .. 5401-538 5410 Subscriptions&Memberships $ 80 $ 5,805 $ 1,500 $ - $ 3,000 5420 Conferences&Seminars 2,604 - 3,500 275 3,000 5491 Amortization Expense - 2,735 - - - 5450 Training 1,678 - 2,000 1,500 5915 Depreciation 497,616 513,287 - - - Subtotal $ 501,978 $ 521,827 $ 7,000 $ 275 $ 7,500 OutlayCapital Works/TransportationPublic i 6000 Assets Capitalized $ (458,255) $ (442,310) $ - $ - $ - 6306 Drainage Improvements 526,895 298,720 - 6309 Seawall Improvements - 145,349 - 4,679 - 6999 Capital Reserve - - 643,000 - 835,500 Subtotal $ 68,640 $ 1,759 $ 643,000 $ 4,679 $ 835,500 Total Expenses $ 1,252,380 $ 1,131,278 $ 1,360,000 $ 299,196 $ 1,883,000 294 City of Aventura Stormwater Utility Fund-410 Fiscal Year 2024/25 Revenue Projection Rationale Commission Object Approval Code# Category 2024/25 Comment 3343606 FDEP Grant $ 348,000 Vulnerability Assessment Grant A stormwater utility fee is assessed against each developed property within the City for services and facilities provided by the stormwater management system. The rate per equivalent residential unit ("ERU") to be used in calculating 3439110 Stormwater Utility Fees 1,500,000 stormwater utility fees is as follows: 1.Single-family dwelling units:one(1.0)ERU. 2.Multi-family dwelling units:one(1.0)ERU per dwelling unit. 3.Non-residential developed properties:shall be assigned ERUs on the basis of one(1.0)ERU per 1,548 square feet of impervious area. The following procedures and criteria are to be used to calculate stormwater utility fees: 1.Each single-family dwelling unit,multi-family dwelling unit and non- residential developed property shall be assessed a stormwater utility fee calculated by multiplying the rate for one(1.0)ERU by the number of ERUs provided in sections 1 —3 above,respectively. 2.The stormwater utility fees,together with investment earnings shall be deposited in the Stormwater Utility Fund and shall be used exclusively for planning,constructing,financing,operating and maintaining the stormwater utility and the infrastructure of the stormwater management system. The City's current Stormwater Utility Fee is $3.50/ERU but will continue to be monitored to see if any adjustments may be necessary in order to sustain the fund's projected future operating and capital expenditures.The budgeted revenue amount is based on 38,153 ERUs at 96%,rounded down. Stormwater Utility Fees $1,500,000 $1,250,000 $1,000,000 $750,000 $500,000 $250,000 S- C� ° y ti°Tk\�� Investment practices are maintained to allow for 100% of available funds to be invested at all times. Determining factors in forecasting revenue for this line item are the anticipated interest rate and the amount of pooled dollars available for 3611000 Interest 35,000 linvestment. Total Stormwater Utility Fund Revenues $ 1,883,000 295 City of Aventura Stormwater Utility Fund-410 Fiscal Year 2024/25 Budget Expense Justifications Commission Object Approval Code# Category 2024/25 Comment Costs associated with providing professional services for the Public Works/Transportation Department's CIP and Operating projects, i.e. Vulnerability Professional Services- Assessment - funded from the Grant of $348,000, Stormwater Master Plan & 3110 Engineering $ 500,000 CRS Costs associated with contracting tree, landscape,irrigation and flower 3450 Lands Maintenance-Streets 370,000 maintenance services for all public right-of-ways and medians 3460 Street Maintenance/Drainage 170,000 Costs associated with maintaining the street and drainage system Memberships with professional organizations and subscriptions,i.e.American 5410 Subscriptions&Memberships 3,000 Public Works Association Includes the cost to maintain professional designations as well as educate and inform staff of the latest developments and trends in the Public Works/Transportation industry,i.e.American Public Works Association 5420 Conferences&Seminars 3,000 Conference&other professional training and local seminars Ongoing training for all personnel in the Department-including classes towards 5450 Training 1 1,500 Icertification Total Operating Expenses $ 1,047,500 Capital Project Descriptions Commission Object Approval Code# Category 2024/25 Comment 6999 Capital Reserves $ 835,500 1 Estimated amount to be saved for future capital projects Total Capital Outlay Expenses $ 835,500 Total Stormwater Utility Fund Expenses $ 1,883,000 296 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 Short-term & Long-term Goals, Objectives & Financial Plans 297 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 298 Short-term&Long-term Goals&Objectives The City of Aventura's mission statement states key words that are incorporated to the operations of the City on a daily basis. "Highest quality", "excellence", "responsive", "cost effective", and "innovative" are those terms that are applied throughout and incorporated into the budget for FY 2024/25 as it relates to providing services to the community through the short-term and long-term goals and objectives. Through citizens requests, Mayor & Commission workshops and department ideas, new initiatives are brought forth, discussed and implemented. On November 7, 1995, the citizens of Aventura overwhelmingly voted to approve the City's Charter and officially incorporate as Miami-Dade County's 28th municipality. Incorporation afforded residents the opportunity to improve the quality of government services they receive and take control of the City's destiny. Since incorporation, a great deal of progress has been made to accomplish the goals of incorporation with the creation of our own police force, new and expanded parks and recreation opportunities and citywide beautification projects. Aventura is governed by a commission-manager form of government, combining the political leadership of its elected officials with the executive experience of its City Manager. This structure is vastly different from that of other local governments, emulating the private sector by privatizing services and emphasizing customer service based on the following principles: • Prompt response to citizen requests. • One-stop service for permits and business licenses. • Commitment to public involvement. • Utilization of "Electronic Government"to provide service and information. • Commitment to hiring only the most qualified and highly motivated employees. • Limiting the number of employees by privatizing or contracting with the private sector for many services. • A professional, businesslike manner at all times. • An emphasis on quality not quantity. • A high quality of life for citizens, businesses and visitors. • A safe and secure environment to live and work. • Low taxes. • Establishing a small number of operating departments that work closely with the community. Those principles have been proven and continue to be proven through City operations and span the goals and objectives of each department throughout the City. 299 FY 2024/25 Budget Priorities/Goals and Action Plans The budget addresses the following priorities and goals that the City Commission has either adopted or supported through policy or initiatives. These priorities and goals that the City addresses in the budget,were developed through prior workshops and conversations. These are woven through each department's objectives and then tied into each department's performance and workload measures. The relevant overarching City priorities/goals and action plans that specifically relate to each department can be seen throughout the budget document under the performance measures and scorecard for each respective department as labeled by the title in parenthesis. Enhance the safety and security of our residents, schools and businesses ("Safety & Security"): • Continue to provide effective police services,training and security measures at both Aventura City of Excellence School ("ACES") and the Don Soffer Aventura High School ("DSAHS"). • Continue community outreach initiatives to engage the community in joint problem solving and crime prevention techniques. • Continue to utilize innovative technology throughout the community and with our business partners to prevent, reduce and solve crime. • Continue to expand communications with the public by utilizing social media, community outreach and the Police Department's Community Advisory Panel. • Increased the Police Department's overtime and events budgets to meet the increased number of departmental sponsored events. Provide and support quality educational choices for Aventura students to succeed academically and become productive citizens("Education"): • Continue to operate ACES as an "A" rated high performing school and provide support services thorough various City departments. • opened the Don Soffer Aventura High School in August 2019 and continue to operate as an"A"rated high performing school. Maintain efficient and responsive government which embraces the highest standards of service and financial stability("Service&Financial Stability"): • For the 29th year in a row no increase in the tax rate is recommended. • Continue to focus on the five-year capital improvement program for the planned maintenance of the City's infrastructure for Beautification and Park Facility Improvement Projects and Road Resurfacing Program in the amount of $2,579,100 and $3,143,530, respectively. • Maintain healthy reserves that ensures the City's ability to provide quality services under challenging economic times and to address unforeseen emergencies. 300 • Continue the model of privatizing many City service areas while maintaining a small workforce which has allowed for a more cost-effective service delivery system, as compared to the traditional governmental structure. • Continue to utilize technology to improve productivity and expand E-government applications. Continue to explore alternate transportation modes to alleviate traffic and support bicycle friendly initiatives("Transportation"): • Continue to fund the free Aventura Express Shuttle Bus system that serves nearly 9,000 riders a month and extend service to new developments. • Continue to offer and expand On-Demand Transportation Services which the City first launched in FY 2020/21 that serves nearly 9,000 riders a month. • Implement recommendations included in the Unfiled Master Plan for Pedestrian and Bicycle Connectivity. • Continue to maintain the Aventura bicycle sharing program. • Continue to collaborate with state, county and local officials to address possible solutions to traffic issues. Community Engagement,Parks,Programs and Special Events("Culture&Recreation"): • Maintain part-time seasonal Park Attendant hours in order to provide adequate coverage in the peak season and accommodate increased attendance at our park facilities. • Continue the afterschool program at the Community Recreation Center for Aventura students that attend Aventura Waterways K-8. • Continue youth travel soccer and basketball leagues that were established to respond to the increased demand for these services in the community. The cost will be offset by fees charged for this service. • Continue the "Community Ride with the Police Department" Special Events which provide opportunities for the residents to interact with the Police. • Maintain funding to support the Aventura Arts & Cultural Center as a state-of-the- art venue and continue to provide wide variety of programming for all age groups. • Continue to fund Family Movie Nights at Founders Park. • Provide adequate funding to maintain our parks and recreational facilities at a high level. • Continue to employ the Aventura Youth Council. Environmental Sustainability and Go Green Initiatives("Environmental"): • Maintain Tree City USA status. • Continue to improve the energy utilization at all City facilities by replacing inefficient and worn air conditioning systems. 301 • Ensure that redevelopment projects that require land use/zoning revisions do not have a negative impact on the community. • Monitor and participate in regional efforts to address the impacts of rising sea level and the long-range impacts of climate change. • Implement strategies and recommendations included in the City's Comprehensive Stormwater Management Plan to address drainage infrastructure improvements and long-range impacts of climate change. • Continue the "Go Green Award Program" sponsored by the Community Services Advisory Board to recognize condominiums and businesses that have made efforts to reduce energy consumption and implement recycling programs. • Provide adequate funding to maintain our signature landscape, streets, rights-of- way and facilities. • Maintain the silver level certification recognition by the Florida Green Local Government Program. • Maintain the development incentives in the City's Green Building Program to encourage developers to use green building standards. Short-term Factors&Long-term Financial Plans The City of Aventura has incorporated the following factors into their short-term and long-term financial plans and its effect upon the budgets to come: Ad Valorem Taxes Ad Valorem Tax The property taxes that the City receives fluctuate as they are based on the assessed value from the Miami-Dade County Property 14 $ 12,791,444 Appraiser. As stated earlier in this document, in 15 $ 13,977,630 9.27% fiscal year 2024/25, property values increased 16 $ 15,008,874 7.38% 17 $ 15,008,874 8 38% by 8.34% which is the fourth increase the City 18 $ 16,747,025 2.43% has had in the last six years. The developments 19 $ 17,051,593 1.82% in the City that are under construction will 20 $ 17,557,171 2.96% increase the tax base and it is anticipated that 21 $ 17,346,885 -1.20% assessed values will continue to increase in the 22 $ 17,216,330 -0.75% next coming years at a smaller percentage. 23 $ 18,820,560 9.32% 24* $ 20,707,334 10.03% 25* $ 22,417,951 g 26%O However, it is imperative for the financial 26** $ 23,090,490 3.00% stability of the City, to budget conservatively in 27** $ 23,783,204 3.00% order to be able to withstand an economic *Budgeted downturn should it come. Additionally, the —Forecasted minimum wage increases in the State of Florida and increased pricing in labor and supplies continue to affect the City and must be monitored. 302 State of Florida Minimum Wage Increase The State of Florida is increasing the minimum wage each year until 2026, when the new minimum wage will be $15 per hour. The City of Aventura has a plan to increase wages for employees affected, namely part-time and seasonal employees before September 30, 2026. The two (2) charts below compare the City of Aventura's Pay Rate Increase Plan versus the State of Florida's Minimum Wage Increase6. City of Aventura State of Florida Minimum Wage Pay Rate Minimum Wage Increase Increase Plan VS. mog-eptember Rate of Pay 2020/2021 $ 11.0000 2020/2021 $ 10.0000 2021/2022 $ 12.5000 2021/2022 $ 11.0000 2022/2023 $ 13.5000 2022/2023 $ 12.0000 2023/2024 $ 14.5000 2023/2024 $ 13.0000 2024/2025 $ 15.5000 2024/2025 $ 14.0000 2025/2026 $ 15.5000 2025/2026 $ 15.0000 2026/2027 $ 16.5000 American Rescue Plan Act ("ARPA) As stated earlier in the budget document, the Federal Government has given the City of Aventura and eligible state, local, territorial and tribal governments funding to assist in economic recovery from the COVID-19 pandemic. The City of Aventura has been allocated $18,525,074. As the funds must be obligated by December 31, 2024 and expended by December 31, 2026, the long-term financial plans cannot exclude an ARPA discussion. As of August 2024, the City has adopted plans for $17.1 million of the monies that have been and will be dispersed. These projects span the Parks and Recreation, Information Technology, Police, Public Works, Community Development and Human Resources Departments. Details can be found on the ARPA projects approved by Commission and the amounts projected to be spent through FY 2027 as the funds must be expended by December 31, 2026 in Appendix A - Capital Improvement Program Fiscal Years 2024/25 - 2028/29 under the section American Rescue Plan Act ("ARPA") Grant Funded Projects. These projects and amounts will be entered into the FY 2024/25 budget and can be found under the American Rescue Plant Act ("ARPA") section of this budget document. s 2021-01-29-Notice-FL-Minimum-Wage-Increase.pdf(state.gov) 303 Future Years Projected In Appendix A - Capital Improvement Program Fiscal Years 2024/25 - 2028/29, summary sheets for fiscal years 2024/25 - 2028/29 as well as projections for each budgeted fund having such improvements was completed in conjunction with the operating budget to reflect the current revenue and expenditure/expense projections included in the FY 2024/25 budget document and future estimates. The revenues and expenditures are developed for the upcoming budgeted year based on current numbers and expected trends. Capital projects for the coming years presented are then looked at and moved around accordingly based on the immediate needs to the City and its citizens. The City's strives to continue to not only maintain but exceed its reputation as the "City of Excellence" and this allows for proper planning to reach the City's goals and objectives in the coming and upcoming years. The City also focuses on "pay-as-you-go" financing to maintain low debt levels which is in line with the City's Debt Policy and Administration. The rest of this page has intentionally been left blank 304 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 Financial Policies 305 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 306 The City's financial policies, compiled below, set forth the basic framework for the overall fiscal management of the City. Operating independently of changing circumstances and conditions, these policies assist the decision-making process of the City Manager and City Commission. These policies provide guidelines for evaluating both current activities and proposals for future programs. Most of the policies represent long-standing principles; traditions and practices that have guided the City in the past and have helped maintain financial stability over the last 28 years. They are reviewed annually as a decision-making tool and to ensure their continued relevance in an ever-changing environment. The current years budget complies with the relevant and applicable financial policies presented below. Capital Improvement Program Budget Policies 1. Each year, the City prepares a five-year capital improvement program ("CIP") analyzing all anticipated capital expenditures and identifying associated funding sources. Future capital expenditures necessitated by changes in population, changes in development, growth, redevelopment or changes in economic base will be calculated and included in the capital update process. 2. The City will perform all capital improvements in accordance with the adopted CIP. The City will maintain its physical assets at a level adequate to protect the City's capital investment and minimize future maintenance and replacement costs. The budget will provide for the adequate maintenance and the orderly replacement of the capital equipment from current revenues wherever possible. 3. The City will provide sufficient funds to replace and upgrade equipment as well as to take advantage of new technology thereby ensuring that employees have safe and efficient tools to provide their service. It reflects a commitment to further automation and use of available technology to improve productivity in the City's workforce. The objective for upgrading and replacing equipment includes: (1) normal replacement as equipment completes its useful life, (2) upgrades to new technology, and (3) additional equipment necessary to service the needs of ACES and the DSAHS. 4. The City will use the following criterion to evaluate the relative merit of each capital project. Capital expenditures will foster goals of: a) Projects specifically included in an approved replacement schedule. b) Projects that reduce the cost of operations. c) Projects that significantly improve safety and reduce risk exposure. 5. The classification of items as capital or operating will be determined by two (2) criteria - cost and frequency. Generally, a capital project has a "useful life" of more than one (1) year and a value of $5,000 or more. 307 6. The City will coordinate development of the CIP with the development of the operating budget. Future operating costs associated with new capital improvements will be projected and included in the operating forecasts. 7. The first year of the five-year CIP will be used as the basis for formal fiscal year appropriations during the annual budget process. 8. The City will maintain all of its assets at a level adequate to protect the City's capital investment and to minimize future maintenance and replacement costs. 9. The City will identify the estimated cost of capital projects and prepare a funding projection that considers revenues and operating costs to be included in the CIP document that is submitted to the City Commission for approval. 10. The City will determine the most appropriate financing method for all new projects. 11. If appropriate, the City will attempt to maintain a mixed policy of pay-as-you-go and borrowing against future revenues for financing capital projects. 12. The City will maintain ongoing maintenance schedules relating to road, sidewalk and drainage system improvements. 13. The City will address and prioritize infrastructure needs on the basis of protecting the health, safety and welfare of the community. 14. A CIP preparation calendar shall be established and adhered to. 15. Capital projects will conform to the City's Comprehensive Plan. 16. Long-term borrowing will not be used to fund current operations or normal maintenance. 17. The City will strive to maintain an unassigned General Fund balance at a level not less than 10% of the annual General Fund revenue. 18. If new project appropriation needs are identified at an interim period during the fiscal year, the funding sources will be identified and mid-year budget amendments will be utilized to provide formal budgetary authority. In addition, budget amendments may be utilized to increase appropriations for specific capital projects. Beautification and Park Facility Improvement Project Policies The City's investment in improvements to its City park system is based on the following policies: Goal: Provide adequate and accessible parks and facilities to meet the recreational needs of all current and future residents. • Provide a variety of quality recreational facilities that will meet the needs of all age groups within the City and enhance the overall environmental characteristics of the area. • Maximize the utilization of all public facilities through the provision of variety in the type of facility offered. • Provide exercise/walking paths and designated areas for bike riders to enhance the physical well-being of residents. • Provide recreational facilities on the basis of 2.75 acres per 1,000 population. 308 • Encourage the integration of recreational facilities into the development of residential, commercial, industrial and open space land uses. Goal- Update the five-year CIP on an annual basis. • Provide parks whereby residents have access to neighborhood parks within a two (2) mile radius and community parks which serve the entire City. Goal- Increase safety standards • Provide for adequate security measures including the limited access to facilities. • Replace dangerous equipment and eliminate visual barriers to reduce criminal opportunities. • Employ vandal-resistant equipment and facilities. • Maintain a Parks Usage Plan to protect the City's investment in the park system and ensure the residents' safety. Goal- Protect and preserve environmentally sensitive land and water areas. • Preserve and enhance open space with environmental impact. Capital Equipment Purchase and Replacement Project Policies The City's investment in capital equipment purchases and replacements is based on the following policies: Goal. Provide capital equipment that will meet the needs of all departments in order to continue to efficiently and effectively provide municipal services to the City's residents. • Replace equipment when it becomes unusable, unsafe or when maintenance costs outweigh the total cost of replacement. • Develop and maintain an "Equipment Evaluation and Replacement Guide" to determine replacement schedules and costs. • Purchase more economical, fuel efficient and multi-functional vehicles. • Purchase "green"or electric vehicles where practical. • Maintain all City assets at a level adequate to protect the City's capital investment and to minimize future maintenance and replacement costs. Drainage System Improvement Projects Policies The City's investment in its drainage system improvements is based on the following policy: Goal. Utilize the Stormwater Utility Fund to provide revenue sources to fund drainage improvements contained in the CIP. • Coordinate area-wide storm water developments with major street improvements. • Provide adequate storm drainage as defined by present standards for different types of areas of the City. 309 • Upgrade areas of the City to conform to the present drainage standards in order to eliminate flood prone areas. • Implement projects that address the long-term problems of the rising sea levels. Information Technology Improvement Projects Policies The City's investment in information/technology projects is based on the following policies: • Continue the implementation upgrade of the Management Information System for all key City operations to automate functions and improve efficiency and productivity. • Maintain a state-of-the-art Citywide radio communications capability for police operations. • Develop and maintain computerized capabilities of the various City departments and information systems. • Utilize the latest state-of-the-art technology including the use of the Internet and social media for the delivery of services. • Maintain the E911 system to enhance police emergency response times. • Utilize the latest technology for education and teaching at the Charter School and the Don Soffer Aventura High School. Public Buildings and Facility Improvement Projects Policies The City's investment in improvements to public buildings and operational facilities is based on the following policies: • Provide easily accessible services to City residents and adequate parking for City facilities. • Repair and maintain all buildings and facilities in proper working order to increase the useful life of these facilities. Transportation System Improvement Projects Policies The City's investment in improvements to its transportation system, roads, sidewalks and street lighting is based on the following policies: Goal. Improve local roads to meet road safety requirements and serve the transportation needs of the City. • Systematically provide local street improvements throughout the City based upon the existing condition, age and the cost of maintenance of the street. • Implement improvements to meet safety standards. • Improve safety by installing street lighting on all appropriate public roadways. • Provide walkways and sidewalks to improve the safety of residents traveling throughout the City. • Accept the dedication of private roads throughout the City in accordance with the Policy governing the conversion of private roads to public roads as outlined in Resolution No. 97-05. 310 Goal. Address traffic flow along the major roadways and intersections by implementing projects that create improvements to the system. Cash Management/Investment Policies Pooled Cash The City maintains a pooled cash account for all funds, enabling the City to invest large amounts of idle cash for short periods of time and to optimize earnings potential. Cash and cash equivalents represents the amount owned by each City fund. Interest earned on pooled cash and investments is allocated monthly based on cash balances of the respective funds. Investments are reported at their fair value based on quoted market prices as reported by recognized security exchanges. Investing On February 7, 2019, the City Commission re-adopted, by Resolution, Chapter 6.6 of the Administrative Policy Directives and Procedures Manual, entitled "Investment Objectives and Parameters" as the City's Investment Policy for the Management of Public Funds. The Policy was adopted in accordance with Section 218.415, F.S., and its underlying objective is to properly manage and diversify the City's investments to ensure: 1. Safety of Capital 2. Liquidity of Funds 3. Investment Income The purpose of this policy is to set forth the investment objectives and parameters for the management of public funds of the City. These policies are designed to ensure the prudent management of public funds, the availability of operating and capital funds when needed and a competitive investment return. This investment policy applies to the investment of public funds in excess of amounts needed to meet current expenses, which includes cash and investment balances of City funds. Investment Categories Cash, Cash Equivalents and Investments This investment category consists of cash and short-term investments with original maturities of three (3) months or less when purchased, includes cash on hand, demand deposits and investments with the Florida SBA Pool. Operating Account The City's operating funds are currently in a Full Analysis Public Funds Account. This account earns a combination of credit against our analysis charges in addition to interest income. At 311 June 30, 2021, the City's funds were collateralized according to the Qualified Public Depository program,where banks are required to maintain collateral amounts with the Florida Pool. Florida SBA Pool ("Florida Prime") Florida Prime is a 2a7-like pool and the value of the City's position is the same as the value of the pool shares and is recorded at amortized cost. Investments under Management In May of 2009 the City contracted with an Investment Manager to manage a portion of the City's investment portfolio in accordance with our Investment Objectives and Parameters Policy. The City utilizes a 3,d- Party Custodian for all of the City's investments under the direction of our Investment Manager. A Complete list of the City's Authorized Investments may be found in ("Appendix B") entitled Authorized Investment Summary Table. Financing Programs and Debt Administration The City currently has four (4) outstanding long-term debt issues. At September 30, 2024, the projected aggregate outstanding principal balance will be $13,015,000. Debt Service Fund Series 2010&2011 (230) Due to a very favorable interest rate environment, in September of 2010, the City issued a partial advance refunding of the original Series 1999 Revenue Bonds with a Bank Loan (described below) that resulted in a more than $1.1M NPV savings over the life of the loan. The remaining portion of the original Series 1999 Revenue Bonds was refunded in February of 2011 and resulted in a nearly $530,000 NPV savings over the life of its loan. The Series 2010 Revenue Bonds are bank qualified debt, secured solely by a covenant to budget and appropriate the required debt service payments each year. This loan is structured the same as a serial bond issue with principal payments due on April 1st and semi-annual interest payments due on April 1st and October 1st of each year with the final maturity on April 1, 2029. Debt service requirements average approximately $751,000 per year over the 19-year life of the obligation. The interest rate is locked at 3.42%. The Series 2011 Revenue Bonds are bank qualified debt, secured solely by a covenant to budget and appropriate the required debt service payments each year. This loan is structured the same as a serial bond issue with principal payments due on April 1st and semi-annual interest payments due on April 1st and October 1st of each year with the final maturity on April 1, 2029. Debt service requirements average approximately $406,000 per year over the 19-year life of the obligation. The interest rate is locked at 3.64%. 312 Debt Service Fund Series 2012(A) (250) &Series 2012(B) (290) Due to a very favorable interest rate environment, in June of 2012, the City refunded the original Series 2002 Revenue Bonds with a Bank Loan (described below) that resulted in a more than $2.5M NPV savings over the life of the loan. The Series 2012 Revenue Bonds are bank qualified debt, secured solely by a covenant to budget and appropriate the required debt service payments each year. This loan is structured the same as a serial bond issue with principal payments due on August 1st and semi-annual interest payments due on February 1st and August 1st of each year with the final maturity on August 1, 2027. Debt service requirements average approximately $368,000 and $411,000 for Debt Service Funds 250 and 290, respectively per year over the 15-year life of the obligation. The interest rate is locked at 2.65%. Debt Service Fund Series 2018 (291) The Series 2018 Revenue Bonds are bank qualified debt, secured solely by a covenant to budget and appropriate the required debt service payments each year. This loan is structured the same as a serial bond issue with principal and interest payments due on February 1st and August 1st of each year with the final maturity on August 1, 2038. Debt service requirements average approximately $497,000 per year over the 20-year life of the obligation. The interest rate is locked at 3.68%. Debt Policy and Administration The City has established an informal policy regarding the utilization and management of debt instruments. Debt is used for a variety of purposes. The principal use of debt by the City has been for making capital expenditures. This informal policy was formed to establish criterion and procedures for the issuance of debt financing by the City. This Debt Policy supports the commitment of the City Commission, management, staff and other decision makers to adhere to the sound financial management practices including full and timely repayment of all borrowings and achieving the lowest possible cost of capital. 1. General a) The City will analyze all funding alternatives in order to minimize the impact of debt structures on the taxpayers. b) The City may utilize debt to refinance current debt or for the acquisition, construction or remodeling of capital improvement projects that cannot be funded from current revenue sources or in such cases wherein it is more equitable to the user of the project to finance the project over its useful life. 2. Debt Structure The City may consider the use of credit enhancements (letters of credit, bond insurance, surety bonds, etc.) when such credit enhancements process cost effective. 313 3. Issuance of Obligations a) The City may retain an independent financial advisor for advice on debt structuring and marketing debt issuances. b) The City may also retain independent bond counsel and disclosure counsel for legal and procedural advice on all debt issuances. c) As necessary, the City may retain other service advisors, such as trustees, underwriters and pricing advisors. d) Any process utilized to select professional service providers in connection with the City's debt program shall be in conformance with City purchasing policies, procedures and requirements. 4. Maturity of the Debt Bonds will generally not have more than thirty (30) year duration. 5. Payment of Debt Pre-authorized electronic payments are utilized to ensure that all debt related payments are made and received in a timely manner. Debt Limit Although the City Charter makes no reference to limitations in establishing debt (i.e., debt limit), the City has limited its borrowing to prudent levels that are able to be satisfied with existing revenue and cash flow projections. Prudent meaning that the City maintains a debt amount that the General Fund can afford to transfer to the Debt Service Funds as it has no voted debt millage. The City strives to keep the tax rate consistent while maintaining service levels. In order to achieve this goal, the General Fund needs to be able to subsidize the debt. The City utilizes debt financing on large expenditures for capital projects or purchases that may be depreciated over their useful lives. By using debt financing, the cost of the expenditure is amortized over its useful life allowing the expenditure to be matched against revenue streams from those receiving the benefits. The City in doing so, balances the budget knowing that over the coming years, as the levels of debt payments will decrease, additional funds will be available for use in other areas of the City, or to look at undertaking larger Capital Projects which would require new debt. Debt Issuance When establishing debt, there are a number of factors that must be considered in the process. These factors include the long-term needs of the City and the amount of resources available to repay the debt. There are different ways for a City to achieve debt financing. The City may obtain a bank loan, issue special revenue bonds or ask the residents to approve a ballot item authorizing the issuance of general obligation bonds. The Commission considers the asset's useful life and current economic conditions, to determine the appropriate type of financing instrument. 314 The City Charter allows revenue bonds to be issues when authorized by the City Commission as long as five (5) of the seven (7) Commission members approve the debt. Ad Valorem (general obligation bonds) must be approved by referendum of the electorate. The Charter provides no limit on the amount of the general obligation debt; however, the adopted Capital Improvement Program provides that the general obligation bonds shall not exceed 10% of the City's total assessed value. The City of Aventura has issued bank qualified revenue bonds. In the Debt Service Funds section of the budget document, the purpose and use of each debt issuance can be found under each bond issuance title and number as well as the debt to maturity schedules outlining the principal and interest owed until the payoff date. Ratios of General Bonded Debt Outstanding Last Ten Fiscal Years Less:Amounts Assessed Value Ratio of Net Gross Bonded Available in Debt of Taxable Bonded Debt to De bt Service Funds . . Property Asse,se 2014 25,540,000 337,770 25,202,230 7,786,432,398 0.32% 676.35 2015 23,805,000 353,377 23,451,623 8,394,311,130 0.28% 625.83 2016 22,015,000 380,498 21,634,502 9,094,962,102 0.24% 575.22 2017 20,165,000 408,361 19,756,639 9,901,694,244 0.20% 524.13 2018 25,335,000 478,742 24,856,258 10,098,997,863 0.25% 659.42 2019 23,215,000 536,587 22,678,413 10,365,840,176 0.22% 600.12 2020 20,510,000 258,892 20,251,108 10,740,186,632 0.19% 532.49 2021 18,725,000 297,898 18,427,102 10,550,216,874 0.17% 456.44 2022 16,880,000 335,118 16,544,882 10,451,356,658 0.16% 411.13 2023 14,980,000 376,327 14,603,673 11,368,391,539 0.13% 362.85 The above shows the total outstanding debt over the past ten (10) audited fiscal years. The table shows how the amount of debt has decreased as well as the percentage as it relates to assessed value of taxable property and the amount per capita. Fund Balance Policies The City hereby establishes and will classify reservations of General Fund, Fund Balance, as defined herein, in accordance with GASB Statement No. 54 Fund Balance Reporting and Governmental Fund Type Definitions. This policy shall primarily apply to the City's General Fund. Fund Balance shall be composed of nonspendable, restricted, committed, assigned and unassigned amounts. 315 Fund Balance information is primarily used to identify the available resources to repay long- term debt, fund capital improvements, stabilize property tax rates, or enhance the City's financial position, in accordance with policies established by the City Commission. Fund Balance Definitions and Classifications Fund Balance - refers to the difference between assets and liabilities reported in a governmental fund. Listed below are the various Fund Balance categories (in order from most to least restrictive). Fund Balance-Nonspendable Includes amounts that are not in a spendable form (e.g., inventory) or are required, either legally or contractually, to be maintained intact (e.g., principal of an endowment fund). Examples include: • Inventory • Prepaid Expenditures • Long-Term Portion of Receivables • Corpus of a Permanent Fund The City hereby establishes the following Nonspendable Fund Balance Reserves in the General Fund: a) Inventory Reserve The Inventory Fund Balance Reserve is established to indicate those amounts relating to inventories that are not in a spendable form. b) Prepaid Expenditures The Prepaid Expenditures Fund Balance Reserve is established to indicate those amounts relating to prepaid expenditures that are not in a spendable form. Fund Balance-Restricted Includes amounts that can be spent only for the specific purposes stipulated by external resource providers (e.g., creditors, grant providers, contributors or laws or regulations of other governmental entities), constitutionally, or through enabling legislation (that is, legislation that creates a new revenue source and restricts its use). Effectively, restrictions may be changed or lifted only with the consent of resource providers and when they are legally enforceable. Fund Balance-Committed Includes amounts that can be used only for the specific purposes as established by the adoption of this policy and the annual budget ordinance by the City Commission. Commitments can only be removed or changed by taking the same action that originally established the commitment (e.g., an ordinance). 316 Committed Fund Balance remains binding unless removed in the same manner in which it was established. The action to impose the limitation on resources needs to occur prior to the close of the fiscal year, although the exact amount may be determined subsequently. Contractual obligations should be incorporated to the extent that existing resources in the fund have been specifically committed for use in satisfying those contractual obligations. Encumbrances may be reported as committed. The City hereby establishes the following Committed Fund Balance Reserves in the General Fund: a) Capital Reserve The Capital Fund Balance Reserve is committed by the City Commission as set forth in the annual budget ordinance (and any amendments thereto) to be utilized in future years to fund various capital needs. b) Hurricane/Emergency Recovery Operating Reserve The Hurricane/Emergency Recovery Operating Fund Balance Reserve is to be maintained by the City Manager at a minimum level of $5,000,000 for the purposes of responding to and providing relief and recovery efforts to ensure the maintenance of services to the public during hurricane/emergency situations. Such emergencies include, but are not limited to hurricanes, tropical storms, flooding, terrorist activity and other natural or man-made disasters. Additional funds may be appropriated when necessary via a budget amendment ordinance. This Reserve may not necessarily be established in the annual budget. In the event these funds are utilized, they should be replenished in order to prepare for possible future events. The City will make every effort to replenish this reserve over a five-year period beginning with the completion of recovery from the event for which the reserve funds were used. Fund Balance-Assigned Includes amounts that the City intends to use for specific purposes or projects as authorized by the City Manager. In governmental funds other than the General Fund, assigned fund balance represents the amount that is not restricted or committed. This indicates that resources in other governmental funds are, at a minimum, intended to be used for the purpose of that fund. An appropriation of existing fund balance to eliminate a projected budgetary deficit in the subsequent year's budget in an amount no greater than the projected excess of expected expenditures over expected revenues satisfies the criteria to be classified as an assignment of fund balance. Encumbrances resulting from issuing purchase orders as a result of normal purchasing activities approved by appropriate officials may be reported as assigned. Fund Balance-Unassigned Unassigned fund balance for the General Fund includes all amounts not contained in the other classifications. Unassigned amounts are the portion of fund balance which is not obligated or 317 specifically designated and are generally available for any purpose. If another governmental fund has a fund balance deficit, then it will be reported as a negative amount in the unassigned classification in that fund. Positive unassigned amounts will be reported only in the General Fund. The Minimum Level of Unassigned Fund Balance of the General Fund, at the beginning of each fiscal year, shall not be less than 10% of the annual General Fund revenue. In any fiscal year where the City is unable to maintain this 10% minimum reservation of fund balance as required in this section, the City shall not budget any amounts of unassigned fund balance for the purpose of balancing the budget. In addition, the City Manager will make every effort to reestablish the minimum Unassigned Fund Balance in a 24 - 36-month period beginning with the year from which the reserve funds fell below the 10%threshold. Spending Order of Fund Balance The City uses restricted amounts to be spent first when both the restricted and unrestricted fund balance is available unless there are legal documents/contract that prohibit doing this, such as in grant agreements requiring dollar for dollar spending. Additionally, the City would first use committed fund balance, followed by assigned fund balance and then unassigned fund balance when expenditures are incurred for purposes for which amounts in any of the restricted fund balance classification could be used. Open encumbrances at the end of the fiscal year may only be classified as committed or assigned, depending on at what level of authorization originally established them. Annual Review and Determination of Fund Balance Reserve Amounts The City Manager shall issue a report on an annual basis to the City Commission outlining compliance with the fund balance policy Accounting,Auditing,and Financial Reporting Policies An independent audit will be performed annually. The City will produce annual financial reports in accordance with GAAP as outlined by the GASB. Operating Budget Policies 1. The City will maintain at a minimum, an accessible cash reserve equivalent to eight (8) weeks of operating costs. 2. No new or expanded services shall be implemented without a corresponding revenue source or the implementation of trade-offs of expenses or revenues at the same time. This applies to personnel, equipment and any other peripheral expenses associated with the service. 3. The City shall continue to support a scheduled level of maintenance and replacement of its infrastructure. 4. The City shall support capital expenditures that reduce future operating costs. 5. All budgeted funds of the City must be balanced, i.e. revenues must equal expenditures/expenses as per Florida Statute 200.065. 318 Purchasing Policy and Administration The purchasing process involves the act and function of responsibility for the acquisition of equipment, materials, supplies and services arriving at a fair and reasonable price and terms, preparing the contract or purchase order, and following up to ensure timely delivery. Our goal is to promote the City's best interest through planning, evaluation and selection of vendors in order to obtain cost effective and efficient goods and services. The Finance Department via the Purchasing Agent is to conduct all purchasing activities in a manner that is conducive to building and maintaining a professional relationship with vendors while buying the goods and services required at the lowest possible cost to the City. Objectives To provide at the time and place needed in the proper quantity and of the proper quality: all materials, supplies,tools, equipment and services for the operations of the City. 1. To secure such materials, supplies, tools, equipment and services at the lowest possible cost, consistent with prevailing economic conditions, while establishing and maintaining a reputation for fairness and integrity. 2. To furnish members of management with timely information and to advise them how market conditions and trends could affect the future availability and price of any needed materials, supplies,tools, equipment and services. 3. Conduct all purchasing in accordance with City Ordinance No. 96-07 as amended by Ordinance No. 2006-17 and Ordinance No. 2024-13. 4. Stimulate competitive bidding and provide interested vendors with an opportunity to offer their products and/or services to the City. 1. Purchases < or = to $5,000 Do not require competitive bidding or City Commission approval. 2. Purchases > $5,000 but < $100,000 May be made or entered into by the City Manager without City Commission approval, provided that three (3) quotes are obtained. 3. Purchases > $100,000 Except as exempted by sections 2-253 and 2-256, shall be awarded by the City Commission after formal competitive Bidding, (e.g., Request for Proposal [RFP]). Revenue Policies 1. The City will attempt to maintain a diversified and stable revenue system as a shelter from short-run fluctuations in any single revenue source. 319 2. The City will attempt to obtain new revenue sources as a way of ensuring a balanced budget. 3. The City will review fees/charges annually and will design or modify revenue systems to include provisions that automatically allow charges to grow at a rate that keeps pace with the cost of providing the service. Risk Management The City maintains an insurance policy through the Florida Municipal Insurance Trust for general liability, automobile, property, flood, workers' compensation coverage and other miscellaneous insurance coverages for City-owned or leased facilities and equipment. The liability limit under this policy is $5,000,000. 320 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 f Appendix A Capital Improvement Program Fiscal Years 2024/25 - 2028/29 321 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 322 Capital Improvement Program Document Guide Locating a Specific Capital Project The CIP is divided into six (6) program areas as follows: 1. Beautification and Park Facility Improvement Projects (BP) 2. Capital Equipment Purchase and Replacement Projects (CE) 3. Drainage System Improvement Projects (DI) 4. Information Technology Improvement Projects (IT) 5. Public Building and Facility Improvement Projects (PBF) 6. Transportation System Improvement Projects (TI) Each project in the CIP has a unique project number. This project number appears at the beginning of the individual project descriptions and the tables throughout the document. The first digit refers to the functional category number assigned by the City Manager and the final digits outline the individual department requesting the project. For example, project BPl-CS is Beautification and Park Facility Improvement Projects number one (1) of the requested projects by the Community Services Department. Reading the Capital Improvement Program Schedules Summary of Programs by Year This table and chart show the six (6) project categories and the projected amounts being presented for the upcoming fiscal year,the following four (4) fiscal years and the total of all five (5) fiscal years. Summary of Proposed Appropriations by Funding Source This table and chart show the different funds the projected projects may be sourced from over the five (5) fiscal years being projected. The table includes the total amount for the five (5) years being projected out of each fund. Summary of Projects by Location and Year This table shows the major Beautification and Park Facility and Transportation Improvement Projects by location and year in which they are proposed to be funded. Summary of Programs by Year with Project Detail - Project Category This table shows each project category as a separate section for the five (5) years being projected with the total project cost. Within each project category, the projects are arranged by CIP #, Project Name, Department and Funding Source. 323 City of Aventura Capital Improvement Program Fiscal Year 2024/25-2028/29 Summary of Programs by Year Projected Projected Projected Projected Projected Project Category 2024/25 2025/26 2026/27 2027/28 2028/29 Total Beautification and Park Facility Improvement Projects(BP) $ 84,000 $ 648,350 $ 495,750 $ 248,000 $ 1,103,000 $ 2,579,100 Capital Equipment Purchase and Replacement Projects(CE) 1,118,900 1,365,910 1,298,405 1,273,395 1,290,745 6,347,355 Drainage Improvement Projects(DI) - 800,000 800,000 800,000 700,000 3,100,000 Information Technology Improvement Projects(IT) 795,045 923,550 925,050 1,127,750 1,200,600 4,971,995 Public Building and Facility Improvement Projects(PBF) 396,441 366,000 242,500 323,000 135,000 1,462,941 Transportation Improvement Projects(TI) 278,500 1,037,500 1,108,205 1,547,010 275,515 4,246,730 Total $ 2,672,886 $ 5,141,310 $ 4,869,910 $ 5,319,155 $ 4,704,860 $ 22,708,121 Transportation Improvement Projects(TI) Beautification and Park Facility 18.70% Improvement Projects(BP) 11.36% Capital Equipment Purchase and Replacement Projects(CE) Public Building and Facility 27.95% Improvement Projects(PBF) 6.44% Information Technology Improvemen Drainage Improvemoent Projects(DI) Projects(IT) 13.65/o 21.90% J The rest of this page has intentionally been left blank 324 City of Aventura Capital Improvement Program Fiscal Year 2024/25-2028/29 Summary of Proposed Appropriations by Funding Source Projected Projected Projected Projected Projected Funding Source 2024/25 2025/26 2026127 2027/28 2028129 Total General Fund-001 $ 1,883,700 $ 2,656,635 $ 2,302,155 $ 2,383,345 $ 3,259,620 $ 12,485,455 Transportation and Street Maintenance-120 245,000 277,385 279,990 438,525 267,015 1,507,915 Citizens'Independent Transportation Trust(CITT)Fund-121 8,500 760,115 828,215 1,108,485 8,500 2,713,815 Building Fund-164 17,930 35,050 10,750 10,050 8,750 82,530 Charter School Fund-190 371,750 523,000 540,000 439,250 445,750 2,319,750 Charter High School Fund-191 117,906 89,125 108,800 139,500 15,225 470,556 Capital Projects Fund-392 28,100 - - - - 28,100 Stormwater Utility Fund-410 - 800,000 800,000 800,000 700,000 3,100,000 Total $ 2,672,886 $ 5,141,310 $ 4,869,910 $ 5,319,155 $ 4,704,860 $ 22,708,121 Stormwater Utility Fund-410 Capital Projects Fund- 13.65% 392 Charter High School 0.12% Fund-191 2.07% Charter School Fund- 190 l 10.22% I Building Fund-164 0.36% I Citizens'Independent) Transportation Trust (CITT)Fund-121 11.95% General Fund-001 Transportation and Street intenance-120 54.98% 6.64% The rest of this page has intentionally been left blank 325 City of Capital Improvement Program Fiscal Year 2024/25-2028/29 Summary of Projects by Location and Year Projected Projected Projected Projected Projected 2024/25 2025/26 2026/27 2027/28 2028/29 Beautification and Park Facility Improvement Projects Citywide Beautification Improvements Founders Park Improvements Peace Park Improvements Veterans Park Improvements Waterways Dog Park Improvements Waterways Park Improvements Transportation Improvement Projects Bike Share Station Program Replace Bicycles Circulator System Improvements Bus Shelter Improvements Road Resurfacing Program Country Club Dr. NE 30th Ave from 203rd to 210th Transportation System Improvements CCTV-Cameras-203rd St. Electrical Service Relocation CCTV-Cameras-Country Club Drive Purchase Street Lights-Biscayne Blvd. Purchase Street Lights-Right-of-Ways New Crosswalk Solar Lighting Locations The rest of this page has intentionally been left blank 326 City of Aventura Capital Improvement Program Fiscal Year 2024/25-2028/29 Summary of Programs by Year with Project Detail-Project Category rojected Project Name Department ding Source P2024/25 2026126 2026/27d IN Projected �2028 29 Beautification and Park Facility Improvement Projects(BP) BP1-CS Founders Park Improvements CS General Fund-001 59,000 323,000 242,000 182,000 897,000 1,703,000 BP2-CS Peace Park Improvements CS General Fund-001 - 28,000 41,000 16,000 57,000 142,000 BP3-CS Veterans Park Improvements CS General Fund-001 15,000 101,000 23,000 22,000 65,000 226,000 BP4-CS Waterways Dog Park Improvments CS General Fund-001 - - 69,750 9,750 24,000 103,500 BP5-CS Waterways Park Improvements CS General Fund-001 - 76,000 - - 50,000 126,000 BP6-PW/T Citywide Beautification Improvements PW/T General Fund-001 10,000 120,350 120,000 18,250 10,000 278,600 Total $ 84,000 $ 648,350 $ 495,750 $ 248,000 $ 1,103,000 $ 2,579,100 Capital Equipment Purchase and Replacement Projects(CE) CE1-HR Equipment Purchase and Replacement<$5,000 HR General Fund-001 $ 10,000 $ - $ - $ - $ - $ 10,000 CE2-PD Radios PD General Fund-001 5,000 123,000 40,000 40,000 30,000 238,000 CE3-PD Equipment Purchase and Replacement>$5,000 PD General Fund-001 335,500 333,085 348,990 320,440 341,720 1,679,735 CE3-PD Equipment Purchase and Replacement>$5,000 PD Capital Projects Fund-392 7,700 - - - - 7,700 CE4-PD Equipment Purchase and Replacement<$5,000 PD General Fund-001 55,500 51,800 43,100 50,460 52,400 253,260 CE4-PD Equipment Purchase and Replacement<$5,000 PD Capital Projects Fund-392 20,400 - - - - 20,400 CE5-PD Vehicle Purchase&Replacements PD General Fund-001 583,000 596,000 705,000 615,000 645,750 3,144,750 CE6-CS Equipment Purchase and Replacement>$5,000 CS General Fund-001 6,000 71,000 22,000 99,000 30,000 228,000 CE7-CS Equipment Purchase and Replacement<$5,000 CS General Fund-001 14,800 40,650 20,900 31,900 20,950 129,200 CE8-PW/T Vehicle Purchase&Replacements PW/T General Fund-001 - 47,250 49,615 52,095 54,700 203,660 CE9-AACC Equipment Purchase and Replacement>$5,000 AACC General Fund-001 40,000 55,000 35,000 30,000 80,000 240,000 CE10-AACC Equipment Purchase and Replacement<$5,000 AACC General Fund-001 28,500 35,000 20,000 20,000 20,000 123,500 CE11-DSAHS Equipment Purchase and Replacement DSAHS Don Soffer Aventura High School Fund-191 12,500 13,125 13,800 14,500 15,225 69,150 Total $ 1,118,900 $ 1,365,910 $ 1,298,405 $ 1,273,395 $ 1,290,745 $ 6,347,355 - Drainage Improvement Projects(DI) DI1-PW/T Stormwater Drainage Improvements PW/T Stormwater Utility Fund-410 $ - $ 800,000 $ 800,000 $ 800,000 $ 700,000 $ 3,100,000 Total $ $ 800,000 $ 800,000 $ 800,000 $ 700,000 $ 3,100,000 Information Technology Improvement Projects(IT) IT1-COM Computer Equipment<$5,000 COM General Fund-001 $ 8,400 $ 1,300 $ - $ - $ 1,300 $ 11,000 IT2-CM Computer Equipment<$5,000 CM General Fund-001 4,000 4,300 6,300 5,300 6,300 26,200 IT3-CC Computer Equipment<$5,000 CC General Fund-001 2,300 1,300 2,300 2,300 1,300 9,500 IT4-F Computer Equipment<$5,000 F General Fund-001 6,400 2,600 3,600 2,600 3,600 18,800 IT5-HR Computer Equipment<$5,000 HR General Fund-001 2,400 1,000 - 1,300 2,400 7,100 IT6-IT Central Management Information System>$5,000 IT General Fund-001 135,000 175,000 170,000 280,000 290,000 1,050,000 IT7-IT Computer Equipment<$5,000 IT General Fund-001 6,000 6,000 6,000 6,000 6,000 30,000 IT8-PD Police Computer Systems>$5,000 PD General Fund-001 34,000 9,000 9,000 88,000 159,000 299,000 IT9-PD Police Computer Systems<$5,000 PD General Fund-001 152,500 128,000 132,500 133,000 206,500 752,500 IT10-CD Computer Equipment>$5,000 CD General Fund-001 - 10,000 - - - 10,000 327 City of Aventura Capital Improvement Program Fiscal Year 2024/25-2028/29 Summary of Programs by Year with Project Detail-Project Category Projected Projected Projected rojected IWrojected Project Name Department ding Source 2024/25 2026/26 2026/27 2027/28 2028/29 Information Technology Improvement Projects(IT)(Continued) IT10-CD Computer Equipment>$5,000 CD Building Fund-164 - 25,000 - - - 25,000 IT11-CD Computer Equipment<$5,000 CD General Fund-001 1,300 3,300 2,300 4,550 3,300 14,750 IT11-CD Computer Equipment<$5,000 CD Building Fund-164 17,930 10,050 10,750 10,050 8,750 57,530 IT12-CS Computer Equipment>$5,000 CS General Fund-001 - - - 5,000 30,000 35,000 IT13-CS Computer Equipment<$5,000 CS General Fund-001 8,200 8,200 14,850 12,200 24,900 68,350 IT14-PW/T Computer Equipment<$5,000 PW/T General Fund-001 5,300 2,600 4,850 7,300 6,300 26,350 IT15-AACC Computer Equipment>$5,000 AACC General Fund-001 - - 10,000 - - 10,000 IT16-AACC Computer Equipment<$5,000 AACC General Fund-001 2,600 11,900 2,600 5,900 5,200 28,200 IT17-ACES Computer Equipment>$5,000 ACES Charter School Fund-190 44,000 88,000 53,000 44,000 45,000 274,000 IT18-ACES Computer Equipment<$5,000 ACES Charter School Fund-190 277,750 360,000 402,000 395,250 400,750 1,835,750 IT19-DSAHS Computer Equipment<$5,000 DSAHS Don Soffer Aventura High School Fund-191 86,965 76,000 95,000 125,000 - 382,965 Total $ 795,045 $ 923,550 $ 925,050 $ 1,127,750 $ 1,200,600 $ 4,971,995 Public Building and Facility Improvement Projects(PBF) PBF1-PD Police Department Improvements PD General Fund-001 $ 70,000 $ - $ - $ - $ - $ 70,000 PBF2-CS Community Recreation Center Improvements CS General Fund-001 13,000 93,000 55,000 161,000 50,000 372,000 PBF3-PW/T Government Center Improvements PW/T General Fund-001 80,000 98,000 52,000 112,000 40,000 382,000 PBF4-PW/T HVAC Replacements PW/T General Fund-001 150,000 75,000 25,500 25,000 45,000 320,500 PBF4-PW/T HVAC Replacements ACES Charter School Fund-190 50,000 75,000 85,000 - - 210,000 PBF5-AACC Aventura Arts&Cultural Center Improvements AACC General Fund-001 15,000 25,000 25,000 25,000 90,000 PBF6-DSAHS Other Improvements DSAHS Don Soffer Aventura High School Fund-191 18,441 - - - - 18,441 Total $ 396,441 $ 366,000 $ 242,500 $ 23,000 $ 135,000 $ - Transportation Improvement Projects(TI) TI1-PWlr Bike Share Station Program PW/T Citizens'Independent Transportation Trust(CITT)Fund-121 $ 8,500 $ 8,500 $ 8,500 $ 8,500 $ 8,500 $ 42,500 TI2-PW/T Circulator System Improvements PW/T General Fund-001 25,000 - - - - 25,000 TI3-PW/T Road Resurfacing Program PW/T Transportation and Street Maintenance Fund-120 - 163,385 160,290 355,025 183,515 862,215 TI3-PW/T Road Resurfacing Program PW/T Citizens'Independent Transportation Trust(CITT)Fund-121 - 621,615 689,715 969,985 - 2,281,315 TI4-PW/T Transporation System Improvements PW/T Transportation and Street Maintenance Fund-120 245,000 114,000 119,700 83,500 83,500 645,700 TI4-PW/T Transporation System Improvements PW/T Citizens'Independent Transportation Trust(CITT)Fund-121 - 130,000 130,000 130,000 - 390,000 Total $ 278,500 $ 1,037,500 $ 1,108,206 $ 1,647,010 $ 275,515 $ 4,246,730 cts $ 2,672,886 $ 6,141,310 $ 4,869,910 $ 6,319,166 $ 4,704,860 $ 22,708,121 The rest of this page has intentionally been left blank 328 Beautification and Park Facility Improvement Projects (BP) This section includes beautification projects and improvements to the City's park system and recreational facilities. There are six (6) projects in the CIP, which total $2,579,100. Special emphasis was given to upgrading existing park facilities. on the following pages, you will find the tables (as outlined below) that summarize and detail the proposed Beautification and Park Facility Improvement Projects: • Summary of Programs by Year • Detail Schedule of Proposed Beautification and Park Facility Improvement Projects Scheduled for FY 2024/25 - 2028/29 The rest of this page has intentionally been left blank 329 City of Capital Improvement Program Beautification and Park Facility Improvement Projects(BP) Fiscal Year 2024/25-2028/29 Summary of Program by Year Projected Projected Projected Projected Projected Project Category Department Funding Source 2024126 2026126 2026/27 2027128 2028/29 Total Beautification and Park Facility Improvement Projects(BP) BP1-CS Founders Park Improvements CS General Fund-001 $ 59,000 $ 323,000 $ 242,000 $ 182,000 $ 897,000 $ 1,703,000 BP2-CS Peace Park Improvements CS General Fund-001 - 28,000 41,000 16,000 57,000 142,000 BP3-CS Veterans Park Improvements CS General Fund-001 15,000 101,000 23,000 22,000 65,000 226,000 BP4-CS Waterways Dog Park Improvments CS General Fund-001 - - 69,750 9,750 24,000 103,500 BP5-CS Waterways Park Improvements CS General Fund-001 - 76,000 - - 50,000 126,000 BP6-PW/T Citywide Beautification Improvements PW/T General Fund-001 10,000 120,350 120,000 18,250 10,000 278,600 otal $ 84,000 $ 648,360 $ 496,760 $ 248,000 $ 1,103,000 $ 2,679,100 The rest of this page has intentionally been left blank 330 City of Detail Schedule of Proposed Beautification and Park Facility Improvement Projects(BP) Scheduled for FY 2024/25-2028/29 Quantity Year Projected Projected Projected Projected Projected CIP# Project Category Department 1 2 3 4 5 024/25 2026/26 2026127 2027128 2028129 Total BP1-CS Founders Park Improvements This project consists of the maintenance,replacement and enhancement of various equipment and improvements at Founders Park.(GAL#001-8050-572.63-10) Replace Benches and Trash Cans CS TBD $ $ 16,000 $ - $ - $ - $ 16,000 Replace Fitness Stations and Surfacing CS 4 100,000 - 100,000 Replace North Perimeter Fencing CS - - N/A - - 120,000 120,000 Replace Pavilion Roofs CS - 1 40,000 - - 40,000 Replace Picnic Tables CS TBD TBD TBD TBD TBD 12,000 12,000 12,000 12,000 12,000 60,000 Replace Playground Equipment CS 1 - - - - 700,000 700,000 Replace Playground Sidewalk CS 1 10,000 10,000 Replace Playground Surfacing CS 1 - 110,000 110,000 Replace Shade Canopies CS - TBD - - 95,000 - 95,000 Replace SplashPad Pumps CS 3 2 22,000 - - 15,000 37,000 Replace SplashPad Surface CS - 1 - - - - 140,000 - - 140,000 Replace SplashPad Water Features CS 2 2 2 2 40,000 50,000 50,000 50,000 190,000 Replace Tennis Hard Court Fencing CS N/A - - - - 35,000 - - - 35,000 Security Enhancements CS N/A N/A - - - 25,000 25,000 - - - 50,000 Subtotal $ 69,000 $ 323,000 $ 242,000 $ 182,000 $ 897,000 $ 1,703,000 BP2-CS Peace Park Improvements This project consists of the maintenance,replacement and enhancement of various equipment and improvements at Peace Park.(GAL#001-8050-572.63-27) Replace Benches and Trash Cans CS - TBD - - $ $ - $ 27,000 $ - $ - $ 27,000 Replace Fitness Equipment CS 1 1 1 1 13,000 14,000 16,000 12,000 55,000 Resurface Walking Trail CS TBD - - - 15,000 - - - 15,000 Replace Fitness Surfacing CS 1 - - - 45,000 45,000 Subtotal $ $ 28,000 $ 41,000 $ 16,000 $ 57,000 $ 142,000 BP3-CS Veterans Park Improvements This project consists of the maintenance,replacement and enhancement of various equipment and improvements at Veterans Park.(GAL#001-8050-572.63-26) Renovate Restroom CS 1 - $ $ - $ - $ 10,000 $ - $ 10,000 Replace Playground Surfacing CS - 1 - - 65,000 65,000 Replace Pole Padding CS N/A - 8,000 - 8,000 Replace Shade Canopy CS 3 40,000 - 40,000 Replace Soccer Goal Sets CS TBD 6,000 - 6,000 Replace Tables CS TBD TBD 10,000 12,000 22,000 Resurface Walking Trail CS N/A 45,000 - - 45,000 Security Enhancements CS N/A - N/A 15,000 - 15,000 - - 30,000 Subtotal $ 16,000 $ 101,000 $ 23,000 $ 22,000 $ 66,000 $ 226,000 331 City of Detail Schedule of Proposed Beautification and Park Facility Improvement Projects(BP) Scheduled for FY 2024/25-2028/29 Quantity Year Projected Projected Project Projected Projected CIP# Project Category Department 1 2 3 4 5 024/25 2026/26 2026/2 2027128 2028129 Total BP4-CS Waterways Dog Park Improvements This project consists of the maintenance,replacement and enhancement of various equipment and improvements at Waterways Dog Park.(GAL#001-8050-572.63-23) Repair/Resurface Trail and Parking Lot CS N/A - $ $ $ 60,000 $ - $ - $ 60,000 Replace Doggie Drinking Fountains CS 1 1 9,750 9,750 - 19,500 Replace Shade Canopy CS - - 1 - - 24,000 24,000 Subtotal $ $ $ 69,750 $ 9,760 $ 24,000 $ 103,500 BP5-CS Waterways Park Improvements This project consists of the maintenance,replacement and enhancement of various equipment and improvements at Waterways Park.(GAL#001-8050-572.63-22) Replace Fitness Stations and Surfacing CS 2 $ $ 70,000 $ - $ - $ - $ 70,000 Replace Soccer Goal Nets CS TBD 6,000 - 6,000 Replace Walking Trail CS 1 - 50,000 50,000 Subtotal $ $ 76,000 $ - $ - $ 60,000 $ 126,000 BP6-PW/T Citywide Beautification Improvements This project consists of the maintenance,replacement and enhancement to street furniture,landscape and water fountains throughout the City.(GAL#001-8054-541.63-01) Purchase Benches and Trash Cans PW/T 8,6 7,6 8,6 7,6 8,6 $ 10,000 $ 9,750 $ 10,000 $ 9,750 $ 10,000 $ 49,500 Country Club Drive Landscape Improvements PW/T - 1 1 - - - 100,000 110,000 - - 210,000 Replace Chilled Water Fountains PW/T - 2 - 2 10,600 - 8,500 - 19,100 Subtotal $ 10,000 $ 120,360 $ 120,000 $ 18,250 $ 10,000 $ 278,600 Total $ 84,000 $ 648,360 $ 496,760 $ 248,000 $ 1,103,000 $ 2,579,100 332 Capital Equipment Purchase and Replacement Projects (CE) This section includes projects relating to Capital Equipment Purchases and Replacements for all operating departments. Most of the projects outlined in the FY 2024/25 - 2028/29 CIP pertain to Human Resources, Police, Community Services, Public Works/Transportation and Aventura Arts & Cultural Center operational equipment. The Don Soffer Aventura High School is also included. The CIP guidelines provide that capital equipment shall be defined as having a useful life of more than one (1) year and a value of $5,000 or more. Equipment that has a value of $5,000 or less is also included in this document for budgetary purpose. There is a total of 11 projects totaling $6,347,355. on the following pages, you will find the tables (as outlined below) that summarize and detail the proposed Capital Equipment Purchase and Replacement Projects: • Summary of Programs by Year • Detail Schedule of Proposed Capital Equipment Purchase and Replacement Projects Scheduled for FY 2024/25 - 2028/29 The rest of this page has intentionally been left blank 333 City of Aventura Capital Improvement Program Capital Equipment Purchase and Replacement Projects(CE) Fiscal Year 2024/25-2028/29 Summary of Program by Year Projected Projected Projected Proje rolec Project Category Department Funding Sources 2024125 1 2025/26 2026/27 2027 2028/29 Capital Equipment Purchase and Replacement Projects(CE) CE1-HR Equipment Purchase and Replacement<$5,000 HR General Fund-001 $ 10,000 $ - $ - $ - $ - $ 10,000 CE2-PD Radios PD General Fund-001 5,000 123,000 40,000 40,000 30,000 238,000 CE3-PD Equipment Purchase and Replacement>$5,000 PD General Fund-001 335,500 333,085 348,990 320,440 341,720 1,679,735 CE3-PD Equipment Purchase and Replacement>$5,000 PD Capital Projects Fund-392 7,700 - - - - 7,700 CE4-PD Equipment Purchase and Replacement<$5,000 PD General Fund-001 55,500 51,800 43,100 50,460 52,400 253,260 CE4-PD Equipment Purchase and Replacement<$5,000 PD Capital Projects Fund-392 20,400 - - - - 20,400 CE5-PD Vehicle Purchase&Replacements PD General Fund-001 583,000 596,000 705,000 615,000 645,750 3,144,750 CE6-CS Equipment Purchase and Replacement>$5,000 CS General Fund-001 6,000 71,000 22,000 99,000 30,000 228,000 CE7-CS Equipment Purchase and Replacement<$5,000 CS General Fund-001 14,800 40,650 20,900 31,900 20,950 129,200 CE8-PW/T Vehicle Purchase&Replacements PW/T General Fund-001 - 47,250 49,615 52,095 54,700 203,660 CE9-AACC Equipment Purchase and Replacement>$5,000 AACC General Fund-001 40,000 55,000 35,000 30,000 80,000 240,000 CE10-AACC Equipment Purchase and Replacement<$5,000 AACC General Fund-001 28,500 35,000 20,000 20,000 20,000 123,500 CE11-DSAHS Equipment Purchase and Replacement DSAHS Don Soffer Aventura High School Fund-191 12,500 13,125 13,800 14,500 15,225 69,150 Total $ 1,118,900 $ 1,365,910 $ 1,298,405 $ 1,273,395 $ 1,290,745 $ 6,347,355 The rest of this page has intentionally been left blank 334 City of Detail Schedule of Proposed Capital Equipment Purchase and Replacement Projects(CE) Scheduled for FY 2024/25-2028/29 Quantity Year Projected Projected Projected Projected Projected CIP# Project Category Department 1 2 3 5 2024/25 2026/26 2026/27 2027/28 2028/29 Total CE1 -HR Equipment Purchase and Replacement<$5,000 This project consists of purchasing new equipment for the Human Resources Department.(GIL#001-8011-513.64-11) Office Furniture HR N/A $ 10,000 $ - S - $ - $ - $ 10,000 Subtotal $ 10,000 $ $ $ $ $ 10,000 CE2-PD Radios This project consists of upgrading the equipment for the 800 Mhz police radio system to ensure a state-of-the-art system and to maintain the E911 system and the purchasing of new radios for vehicles and personnel in the Police Department.(GIL#001-8020-521.64-07) E911 Equipment Upgrade PD N/A N/A N/A N/A $ 5,000 $ 10,000 $ 10,000 $ 10,000 $ $ 35,000 Radio Equipment-Upgrade Tower Equipment PD 1 - - - 83,000 - - 83,000 Replace Mobile Radio(s) PD 4 4 4 - 30,000 30,000 30,000 30,000 120,000 Subtotal $ 5,000 $ 123,000 $ 40,000 $ 40,000 $ 30,000 $ 238,000 CE3-PD Equipment Purchase and Replacement>$5,000 This project consists of purchasing new equipment and replacing inefficient,defective or unusable equipment for the Police Department.(GIL#001-8020-521.64-10) Ballistic Shield PD - 1 1 1 2 $ - $ 8,085 $ 8,490 $ 8,915 $ 18,720 $ 44,210 Crime Scene Camera/Flash/Lens PD 1 - - - - 7,500 - - - - 7,500 Hold Cell Property Impound Station PD 1 5,000 5,000 New K-9 Purchase PD 1 15,000 - 15,000 Replace C/S Van Equipment PD - 1 - - - - 15,000 - - - 15,000 Replace In-Car Video PD 11 10 10 10 10 88,000 80,000 80,000 80,000 80,000 408,000 Repalce Mobile LPR PD - 1 - - - - 20,000 - - - 20,000 Replace Prisoner Van Equipment PD - - 1 - - - - 40,000 - - 40,000 Replace Vehicle Equipment PD 11 10 10 10 10 220,000 210,000 220,500 231,525 243,000 1,125,025 Subtotal $ 335,500 $ 333,085 $ 348,990 $ 320,440 $ 341,720 $ 1,679,735 This project consists of purchasing new equipment and replacing inefficient,defective or unusable equipment for the Police Department.(GIL#392-2001-521.64-10) Ballistic Shield PD 1 $ 7,700 $ - $ - $ - $ - $ 7,700 Subtotal $ 7,700 $ - $ $ $ $ 7,700 CE4-PD Equipment Purchase and Replacement<$5,000 This project consists of purchasing new equipment and replacing inefficient,defective or unusable equipment for the Police Department.(GIL#001-8020-521.64-11) Dive Team Masks and Communications PD 5 $ 10,500 $ $ $ $ $ 10,500 Patrol Rifles PD 10 45,000 45,000 Replace Ballistic Vests PD - 29 23 20 12 - 51,800 43,100 39,360 25,200 159,460 SWAT Vests PD 3 7 - - - 11,100 27,200 38,300 Subtotal $ 55,500 $ 51,800 $ 43,100 $ 60,460 $ 52,400 $ 253,260 This project consists of purchasing new equipment and replacing inefficient,defective or unusable equipment for the Police Department.(GIL#392-2001-521.64-11) Replace Ballistic Vests PD 12 20,400 - - - - 20,400 Subtotal $ 20,400 $ - $ $ $ $ 20,400 335 City of Detail Schedule of Proposed Capital Equipment Purchase and Replacement Projects(CE) Scheduled for FY 2024/25-2028/29 Quantity Year Projected Projected Projecte Projected Projected CIP# Project Category Departme 2024/25 2025/26 2026/2 2027/28 28129 otal CES-PD Vehicle Purchase&Replacements This project consists of purchasing police vehicles to maintain a vehicle replacement program in the Police Department.(G/L#001-8020-521.64-50) Replace Crime Scene Van PD - 1 - - - $ - $ 40,000 $ - $ - $ - $ 40,000 Replace Patrol Vehicles PD 11 10 10 10 10 583,000 556,000 585,000 615,000 645,750 2,984,750 Replace Marine Patrol Boat Engines PD - - 2 - - - - 60,000 - - 60,000 Replace Prisoner Van PD 1 60,000 - - 60,000 Subtotal $ 583,000 $ 696,000 $ 705,000 $ 615,000 $ 646,760 $ 3,144,750 CE6-CS Equipment Purchase and Replacement>$5,000 This project consists of purchasing new equipment and replacing inefficient,defective or unusable equipment for the Community Services Department.(G/L#001-8050-539.64-10) Replace Electric Low Speed Vehicle CS 1 2 $ $ 20,000 $ - $ 40,000 $ - $ 60,000 Replace Ellipticals at CRC CS - 2 - 16,000 16,000 Replace Program Mats CS TBD - TBD 6,000 - - 6,000 12,000 Replace Soccer Goals CS 2 2 2 - 6,000 6,000 6,000 - 18,000 Replace Strength Machines at CRC CS - - - 2 - - - 14,000 14,000 Replace Tech Center Furniture CS - TBD - - 15,000 - 15,000 Replace Treadmills at CRC CS 2 2 2 - 16,000 16,000 16,000 48,000 Replace Vehicle CS 1 - - - - 45,000 - - - 45,000 Subtotal $ 6,000 $ 71,000 $ 22,000 $ 99,000 $ 30,000 $ 228,000 CE7-CS Equipment Purchase and Replacement<$5,000 This project consists of purchasing new equipment and replacing inefficient,defective or unusable equipment for the Community Services Department.(G/L#001-8050-539.64-11) Replace Chairs/Carts CS 20,2 20,2 20,2 20,2 $ 4,950 $ 4,950 $ - $ 4,950 $ 4,950 $ 19,800 Replace Drinking Fountains CS 1 1 - - 4,900 4,900 - - 9,800 Repalce Mirrors CS - TBD TBD 4,950 4,950 9,900 Replace Outdoor Tables CS TBD TBD 4,950 - 6,000 10,950 Replace Soccer Goals CS 2 2 - 4,900 4,900 - - 9,800 Replace Sports Fencing Panels CS 15 15 15 15 5,600 5,600 5,600 5,600 22,400 Replace Tables CS 10 10 10 10 - 4,800 4,800 4,800 4,800 19,200 Replace Tents CS 4 4 4 4 4 4,950 5,600 5,600 5,600 5,600 27,350 Subtotal $ 14,800 $ 40,650 $ 20,900 $ 31,900 $ 20,950 $ 129,200 CE8-PW/T Vehicle Purchase&Replacements This project consists of purchasing new equipment and replacing inefficient,defective or unusable equipment for the Public Works/Transportation Department.(G/L#001-8054-541.64-50) Replace Vehicles PW/T - 1 1 1 1 $ $ 47,250 $ 49,615 $ 52,095 $ 54,700 $ 203,660 Subtotal $ $ 47,250 $ 49,615 $ 52,095 $ 54,700 $ 203,660 336 City of Detail Schedule of Proposed Capital Equipment Purchase and Replacement Projects(CE) Scheduled for FY 2024/25-2028/29 Quantity Year Projected Projected Projected Proj "028/29 CIP# Project Category Department 1 2 3 2024/25 2026/26 2026/27 2027/2otal CE9-AACC Equipment Purchase and Replacement>$5,000 This project consists of purchasing new equipment and replacing inefficient,defective or unusable equipment for the Arts&Cultural Center Department. (GIL#001-8070-575.64-10) Replace Clear Comm System/Accessories AACC TBD - - - $ - $ 15,000 $ - $ - $ - $ 15,000 Replace Green Room Furniture AACC TBD - - - 5,000 - 5,000 Replace LCD projector&accessories AACC 1 1 40,000 - 45,000 85,000 Replace Lighting Console AACC - 1 - - 35,000 35,000 Replace Lobby Furniture AACC TBD - 15,000 - - 15,000 Replace Office Furniture AACC TBD - 15,000 - 15,000 Replace Orchestra Chairs and Music Stands AACC - TBD - - 15,000 15,000 Replace Patio Furniture AACC TBD 25,000 - - 25,000 Replace Soft Goods/Stage Accessories AACC TBD TBD - 15,000 15,000 - 30,000 Subtotal $ 40,000 $ 55,000 $ 35,000 $ 30,000 $ 80,000 $ 240,000 CE10-AACC Equipment Purchase and Replacement<$5,000 This project consists of purchasing new equipment and replacing inefficient,defective or unusable equipment for the Arts&Cultural Center Department. (GIL#001-8070-575.64-11) Addt'I/Replace Microphones/Cable/Audio AACC 15 15 15 $ 15,000 $ $ 15,000 $ - $ 15,000 $ 45,000 ALD System Update(ADA Compliance) AACC 6 - TBD 2,000 - - 5,000 7,000 Commercial Ice Machine for Concessions AACC - 1 - 3,000 - 3,000 Lobby Brochure Racks AACC 2 - 3,000 - - 3,000 Replace AN Equipment(Switchers/Monitors/Connectivity) AACC - TBD - - 2,000 - 2,000 Replace Hazer/Fogger AACC - 1 - - 2,000 2,000 Replace Mity-Lite Tables(Banquet Tables) AACC 15 - 5,000 - 5,000 Replace Stage Audio Monitors/Accessories AACC - 8 - - 20,000 - 20,000 Replace Theatrical Lighting Instruments/Accessories AACC - 7 7 - 15,000 15,000 30,000 Stage Accessories/Beads Etc. AACC TBD - - 3,500 - - - 3,500 Stage and Holiday D6cor AACC TBD 3,000 - - 3,000 Subtotal $ 28,500 $ 35,000 $ 20,000 $ 20,000 $ 20,000 $ 123,500 CE11-DSAHS Equipment Purchase and Replacement This project consists of purchasing new equipment for the Don Soffer Aventura High School.(G/L#DSAHS-TBD) DSAHS Classroom Furniture DSAHS TBD TBD TBD TBD TBD $ 12,500 $ 13,125 $ 13,800 $ 14,500 8 15,225 S 69,150 Subtotal $ 12,500 $ 13,125 $ 13,800 $ 14,500 $ 15,225 $ 69,160 Total $ 1,118,900 $ 1,366,910 $ 1,298,406 $ 1,273,396 $ 1,290,746 $ 6,347,366 337 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 338 Drainage Improvement Projects (DI) This section includes improvements to the City's drainage system and other infrastructure improvements. There is one (1) drainage improvement project in the CIP totaling $3,100,000. Special emphasis was given to stormwater drainage improvements in order to address maintenance considerations. The project outlined in this section has been developed based on our consulting engineer and staff's survey of all City areas. The project was prioritized according to the urgency of the improvements needed and the age of the areas to be improved. on the following pages, you will find the tables (as outlined below) that summarize and detail the proposed Transportation Improvement Projects: • Summary of Programs by Year • Detail Schedule of Proposed Transportation Improvement Projects Scheduled for FY 2024/25 - 2028/29 The rest of this page has intentionally been left blank 339 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 340 City of Capital Improvement Program Drainage Improvement Projects(DI) Fiscal Year 2024/25-2028/29 Summary of Program by Year Projected-V Projected Projected Projected Projected Project Category MDepartment Funding SourceW 2024126 2026126 2026127 2027128 2028129 Total Drainage Improvement Projects(DI) Dill-PW/T Stormwater Drainage Improvements PW/T Stormwater Utility Fund-410 $ $ 800,000 $ 800,000 $ 800,000 $ 700,000 $ 3,100,000 Total $ $ 800,000 $ 800,000 $ 800,000 $ 700,000 $ 3,100,000 The rest of this page has intentionally been left blank 341 City of Detail Schedule of Proposed Drainage Improvement Projects(DI) Scheduled for FY 2024/25-2028/29 Quantity Year Projected Projected Projected Projected Projected CIP# Project Category Department# 1 2 3 4 2024/26 2026/26 2026/27 2027/28 2028/29 Total DI1-PW/T Stormwater Drainage Improvements This project consists of various drainage improvements to address the long-term impacts of the rising sea levels.(GIL#410-5401-538.63-06) Infrastructure Replacement-Country Club Dr. PW/T - N/A N/A N/A N/A $ - $ 800,000 $ 800,000 $ 800,000 $ 700,000 $ 3,100,000 Subtotal $ $ 800,000 $ 800,000 $ 800,000 $ 700,000 $ 3,100,000 $ 800,000 $ 800,000 $ 800,000 $ 700,000 $ 3,100,000 The rest of this page has intentionally been left blank 342 Information Technology Improvement Projects (IT) This section includes projects relating to the City's Information Technology Systems (i.e., communication systems, data processing and the automation of certain operations by utilizing the latest technology to enhance productivity and efficiency) for all operating departments. There is a total of nineteen (19) projects totaling $4,971,995. on the following pages, you will find the tables (as outlined below) that summarize and detail the proposed Information Technology Improvement Projects: • Summary of Programs by Year • Detail Schedule of Proposed Information Technology Improvement Projects Scheduled for FY 2024/25 - 2028/29 The rest of this page has intentionally been left blank 343 City of Aventura Capital Improvement Progra Information Technology Improvement Projects(IT) Fiscal Year 2024125-2028129 Summary of Program by Year Project Category Departm Funding Source P2024125d P2025126d A2026/2�P2027128d P2028129d Tom Information Technology Improvement Projects(IT) IT1-COM Computer Equipment<$5,000 COM General Fund-001 $ 8,400 $ 1,300 $ - $ - $ 1,300 $ 11,000 IT2-CM Computer Equipment<$5,000 CM General Fund-001 4,000 4,300 6,300 5,300 6,300 26,200 IT3-CC Computer Equipment<$5,000 CC General Fund-001 2,300 1,300 2,300 2,300 1,300 9,500 IT4-F Computer Equipment<$5,000 F General Fund-001 6,400 2,600 3,600 2,600 3,600 18,800 IT5-HR Computer Equipment<$5,000 HR General Fund-001 2,400 1,000 - 1,300 2,400 7,100 IT6-IT Central Management Information System>$5,000 IT General Fund-001 135,000 175,000 170,000 280,000 290,000 1,050,000 IT7-IT Computer Equipment<$5,000 IT General Fund-001 6,000 6,000 6,000 6,000 6,000 30,000 IT8-PD Police Computer Systems>$5,000 PD General Fund-001 34,000 9,000 9,000 88,000 159,000 299,000 IT9-PD Police Computer Systems<$5,000 PD General Fund-001 152,500 128,000 132,500 133,000 206,500 752,500 IT10-CD Computer Equipment>$5,000 CD General Fund-001 - 10,000 - - - 10,000 IT10-CD Computer Equipment>$5,000 CD Building Fund-164 - 25,000 - - - 25,000 IT11-CD Computer Equipment<$5,000 CD General Fund-001 1,300 3,300 2,300 4,550 3,300 14,750 IT11-CD Computer Equipment<$5,000 CD Building Fund-164 17,930 10,050 10,750 10,050 8,750 57,530 IT12-CS Computer Equipment>$5,000 CS General Fund-001 - - - 5,000 30,000 35,000 IT13-CS Computer Equipment<$5,000 CS General Fund-001 8,200 8,200 14,850 12,200 24,900 68,350 IT14-PW/T Computer Equipment<$5,000 PW/T General Fund-001 5,300 2,600 4,850 7,300 6,300 26,350 IT15-AACC Computer Equipment>$5,000 AACC General Fund-001 - - 10,000 - - 10,000 IT16-AACC Computer Equipment<$5,000 AACC General Fund-001 2,600 11,900 2,600 5,900 5,200 28,200 IT17-ACES Computer Equipment>$5,000 ACES Charter School Fund-190 44,000 88,000 53,000 44,000 45,000 274,000 IT18-ACES Computer Equipment<$5,000 ACES Charter School Fund-190 277,750 360,000 402,000 395,250 400,750 1,835,750 IT19-DSAHS Computer Equipment<$5,000 DSAHS Don SofferAventura High School Fund-191 86,965 76,000 95,000 125,000 - 382,965 Total $ 795,045 $ 923,550 $ 925,050 $ 1,127,750 $ 1,200,600 $ The rest of this page has intentionally been left blank 344 City of Aventura Detail Schedule of Proposed Information Technology Improvement Projects(IT) Scheduled for FY 2024/25-2028/29 Quantity Year Projected Projected Projected Projected Projected CIP# Project Category epartment# 2 3 4 5 2024ti 2025126 2026127 2027128 2028129 Total TT-1-COM Computer Equipment<$5,000 This project consists of the replacement and upgrade of computer equipment utilized by the City Commission.(G/L#001-8001-511.64-02) Computer Equipment<$5,000 COM TBD TBD - - TBD $ 8,400 $ 1,300 $ - $ - $ 1,300 $ 11,000 Subtotal $ 8,400 $ 1,300 $ $ $ 1,300 $ 11,000 IT2-CM Computer Equipment<$5,000 This project consists of the replacement and upgrade of computer equipment utilized in the Office of the City Manager.(G/L#001-8005-512.64-02) Computer Equipment<$5,000 CM TBD TBD TBD TBD TBD $ 4,000 $ 4,300 $ 6,300 $ 5,300 $ 6,300 $ 26,200 Subtotal $ 4,000 $ 4,300 $ 6,300 $ 5,300 $ 6,300 $ 26,200 IT3-CC Computer Equipment<$5,000 This project consists of the replacement and upgrade of computer equipment utilized in the City Clerk's Office.(G/L#001-8008-519.64-02) Computer Equipment<$5,000 CC TBD TBD TBD TBD TBD $ 2,300 $ 1,300 $ 2,300 $ 2,300 $ 1,300 $ 9,500 Subtotal $ 2,300 $ 1,300 $ 2,300 $ 2,300 $ 1,300 $ 9,500 IT4-F Computer Equipment<$5,000 This project consists of the replacement and upgrade of computer equipment utilized in the Finance Department.(G/L#001-8010-513.64-02) Computer Equipment<$5,000 F TBD TBD TBD TBD TBD $ 6,400 $ 2,600 $ 3,600 $ 2,600 $ 3,600 $ 18,800 Subtotal $ 6,400 $ 2,600 $ 3,600 $ 2,600 $ 3,600 $ 18,800 IT5-HR Computer Equipment<$5,000 This project consists of the replacement and upgrade of computer equipment utilized in the Human Resources Department.(G/L#001-8011-513.64-02) Computer Equipment<$5,000 HR TBD TBD TBD TBD TBD $ 2,400 $ 1,000 $ - $ 1,300 $ 2,400 $ 7,100 Subtotal $ 2,400 $ 1,000 $ - $ 1,300 $ 2,400 $ 7,100 IT6-IT Central Management Information System>$5,000 This project consists of purchasing new and replacement computer hardware and software that utilizes the latest technology for the City's general information management system,which is utilized by all City Departments. (G/L#001-8012-513.64-01) AS 400 Upgrades IT N/A N/A $ $ 5,000 $ $ - $ 55,000 $ 60,000 Data Storage IT N/A 85,000 - 85,000 Equipment for Redundant Site IT - - N/A - - 25,000 25,000 Security Camera(s)/Recorder(s) IT 20 20 20 20 20 20,000 20,000 20,000 20,000 20,000 100,000 Servers/Security/UPS/Switches IT N/A N/A N/A N/A N/A 100,000 145,000 145,000 165,000 185,000 740,000 Upgrade Phone System IT N/A N/A N/A N/A N/A 15,000 5,000 5,000 10,000 5,000 40,000 Subtotal $ 135,000 $ 175,000 $ 170,000 $ 280,000 $ 290,000 $ 1,050,000 IT7-IT Computer Equipment<$5,000 This project consists of the replacement and upgrade of computer equipment utilized in the Information Technology Department.(G/L#001-8012-513.64-02) Computer Equipment<$5,000 IT TBD TBD TBD TBD TBD $ 6,000 $ 6,000 $ 6,000 $ 6,000 $ 6,000 $ 30,000 Subtotal $ 6,000 $ 6,000 $ 6,000 $ 6,000 $ 6,000 $ 30,000 345 City of Aventura Detail Schedule of Proposed Information Technology Improvement Projects(IT) Scheduled for FY 2024/25-2028/29 Quantity It Year Projected Projected Projected Projected roject Project Category epartment# 2 3 4 5 2024/ 2025126 2026127 2027128 02 IT8-PD Police Computers System>$5,000 This project consists of purchasing computer equipment and software that utilizes the latest technology for the Police Department.(G/L#001-8020-521.64-01) Data Stoage PD - - - 1 $ - $ - $ - $ 70,000 $ $ 70,000 Replace In-Car Video Server PD N/A - - - 25,000 - - - 25,000 Replace Server(s) PD 1 1 1 2 1 9,000 9,000 9,000 18,000 9,000 54,000 Videowall PD - - - - 1 - - - - 150,000 150,000 Subtotal $ 34,000 $ 9,000 $ 9,000 $ 88,000 $ 159,000 $ 299,000 IT9-PD Police Computers System<$5,000 This project consists of purchasing computer equipment and software that utilizes the latest technology for the Police Department.(G/L#001-8020-521.64-02) Computer Upgrades PD N/A N/A N/A N/A N/A $ 5,000 $ 5,000 $ 5,000 $ 5,000 $ 5,000 $ 25,000 Desktop Computer(s) PD 20 20 20 20 20 28,000 28,000 28,000 28,000 28,000 140,000 Desktop Scanner(s) PD 6 6 6 6 6 3,000 3,000 3,000 3,000 3,000 15,000 EOC Desktop Computers PD - - - - 10 - - - - 14,000 14,000 Interactive Whiteboards PD 1 1 - 1 4,500 4,500 - 4,500 13,500 Laptop-Ruggized PD - - 1 - - - - 5,000 - 5,000 Laser Printer(s) PD 1 1 1 1 1 1,500 1,500 1,500 1,500 1,500 7,500 Replace Mobile Laptop(s) PD 25 25 25 25 25 60,000 60,000 60,000 60,000 60,000 300,000 Vehicle Modem(s) PD 20 10 10 10 40 40,000 20,000 20,000 20,000 80,000 180,000 Vehicle Printer(s) PD 20 20 20 20 20 10,500 10,500 10,500 10,500 10,500 52,500 Subtotal $ 152,500 $ 128,000 $ 132,500 $ 133,000 $ 206,500 $ 752,500 IT10-CD Computer Equipment>$5,000 This project consists of the replacement and upgrade of computer equipment utilized by the Community Development Department's Code Compliance/Planning Divisions.(G/L#001-8040-524.64-01) CentralSquare TRAKiT/BlueBeam CD - TBD - - - $ $ 10,000 $ $ - - $ 10,000 Subtotal $ $ 10,000 $ $ $ $ 10,000 This project consists of the replacement and upgrade of computer equipment utilized by the Community Development Department's Building Division.(G/L#164-8040-524.64-01) CentralSquare TRAKiT/BlueBeam CD - TBD - - - $ $ 25,000 $ $ $ 25,000 Subtotal $ $ 25,000 $ $ $ $ 25,000 IT11-CD Computer Equipment<$5,000 This project consists of the replacement and upgrade of computer equipment utilized by the Community Development Department's Code Compliance/Planning Divisions.(G/L#001-8040-524.64-02) Replace Computer(s) CD 1 1 1 1 1 $ 1,300 $ 1,300 $ 1,300 $ 1,300 $ 1,300 $ 6,500 Replace Laserjet Printer(s) CD - 1 - 1 1 1,000 - 1,000 1,000 3,000 Replace Desktop Scanner(s) CD 1 1 - 1 - 1,000 1,000 - 1,000 3,000 Pads for Inspection for City Staff CD - - 3 - - - - 2,250 - 2,250 Subtotal $ 1,300 $ 3,300 $ 2,300 $ 4,550 $ 3,300 $ 14,750 This project consists of the replacement and upgrade of computer equipment utilized by the Community Development Department's Building Division.(G/L#164-8040-524.64-02) Replace Computer(s) CD 4 6 5 6 5 $ 5,200 $ 7,800 $ 6,500 $ 7,800 $ 6,500 $ 33,800 Replace Laserjet Printer(s) CD 1 - 1 - - 1,000 - 1,000 - - 2,000 Replace Desktop Scanner(s) CD 1 - 1 - - 1,000 - 1,000 - - 2,000 Pads for Inspection for Building Division CD 18 3 3 3 3 10,730 2,250 2,250 2,250 2,250 19,730 Subtotal $ 17,930 $ 10,050 $ 10,750 $ 10,050 $ 8,750 $ 57,530 346 City of Aventura Detail Schedule of Proposed Information Technology Improvement Projects(IT) Scheduled for FY 2024/25-2028/29 Quantity ILYear Projected Projected Projected Projected Projecte Project Category epartment# 2 3 4 5 2024/2 2025/2 2026127 2027128 2028R Total IT12-CS Computer Equipment>$5,000 This project consists of the replacement and upgrade of computer equipment utilized by the Community Services Department and the Community Recreation Center.(G/L#001-8050-539.64-01) Park Modems CS 1 6 $ $ $ $ 5,000 $ 30,000 $ 35,000 Subtotal $ $ $ $ 5,000 $ 30,000 $ 35,000 IT13-CS Computer Equipment<$5,000 This project consists of the replacement and upgrade of computer equipment utilized by the Community Services Department and the Community Recreation Center.(G/L#001-8050-539.64-02) Park Wi-Fi Access Points CS - - - 1 6 $ - $ - $ - $ 2,000 $ 12,000 $ 14,000 Replace/Add New Computer(s) CS 4 4 3 4 4 5,200 5,200 3,900 5,200 5,200 24,700 Replace ID Printer CS 1 1 - 1 - 3,000 3,000 - 3,000 - 9,000 Replace Pads CS - - 3 - 2,250 - 2,250 Replace Laptop(s) CS - 1 - 2,000 - 2,000 Replace Large Format Printer CS 1 - 1 1,200 - 1,200 2,400 Replace Scanner CS 1 1,000 - 1,000 Student PCs CS 5 5 - - 6,500 - 6,500 13,000 Subtotal $ 8,200 $ 8,200 $ 14,850 $ 12,200 $ 24,900 $ 68,350 IT14-PW/T Computer Equipment<$5,000 This project consists of the replacement and upgrade of computer equipment utilized by the Public Works/Transportation Department.(G/L#001-8054-541.64-02) Pads PW/T - - 3 - - $ - $ - $ 2,250 $ - $ - $ 2,250 Replace Computer(s) PWfr 1 2 2 2 2 1,300 2,600 2,600 3,300 5,300 15,100 Replace Plotter PWfr - - - 1 - - - - 4,000 - 4,000 Replace Scanner PWfr - - 1 - - 1,000 1,000 Upgrade Visitor ID System PW/T 1 4,000 - - - - 4,000 Subtotal $ 5,300 $ 2,600 $ 4,850 $ 7,300 $ 6,300 $ 26,350 IT15-AACC Computer Equipment>$5,000 This project consists of the replacement and upgrade of computer equipment utilized at the Arts and Cultural Center.(G/L#001-8070-575.64-01) Network Switches AACC 1 - - $ $ - $ 10,000 $ - $ - $ 10,000 Subtotal $ $ $ 10,000 $ - $ $ 10,000 IT16-AACC Computer Equipment<$5,000 This project consists of the replacement and upgrade of computer equipment utilized at the Arts and Cultural Center.(G/L#001-8070-575.64-02) Replace Color Laser Printer AACC - - - 1 - $ - $ $ - $ 2,000 $ $ 2,000 Replace PCs/Laptop(s)/Tablet(s) AACC 2 3 2 3 4 2,600 3,900 2,600 3,900 5,200 18,200 Upgrade Point of Sale System AACC - 2 - - - - 8,000 - - - 8,000 Subtotal $ 2,600 $ 11,900 $ 2,600 $ 5,900 $ 5,200 $ 28,200 347 Detail Schedule of Proposed Information Technology Improvement Projects(IT) i Scheduled for FY 2024/25-2028/29 Quantity Year Projected Projected Projected Projected Projected CIP# Project Category Mkepartment4 2 3 4 5 2024/ 2025/26 2026/27 2027/28 2028/23,1 IT17-ACES Computer Equipment>$5,000 This project consists of the regular replacement/upgrades of phone systems,network infrastructure and servers at ACES.(G/L#190-6010-569.64-01) Phone System Upgrade ACES 1 - 1 - 1 $ 5,000 $ - $ 5,000 $ - $ 5,000 $ 15,000 Clocks&Paging System ACES - 1 - 1 - - 5,000 - 5,000 - 10,000 Replace Network Infrastructure ACES 3 6 3 3 4 30,000 65,000 30,000 30,000 40,000 195,000 Replace Server(s) ACES 1 2 2 1 - 9,000 18,000 18,000 9,000 - 54,000 Subtotal $ 44,000 $ 88,000 $ 53,000 $ 44,000 $ 45,000 $ 274,000 IT18-ACES Computer Equipment<$5,000 This project consists of the regular replacement of computers,laptops,tablets and other items at ACES.(G/L#190-6010-569.64-02) Desktop for Multimedia Classroom ACES - - - 2 3 $ - $ - $ - $ 8,000 $ 12,000 $ 20,000 Mobile Learning Computer Labs ACES 1 1 1 1 1 2,000 2,000 2,000 2,000 2,000 10,000 Replace AV Equipment and Smartboards ACES 10 10 10 10 10 40,000 40,000 40,000 40,000 40,000 200,000 Replace Color Laser Printer ACES 1 - 1 - 1 1,500 - 1,500 - 1,500 4,500 Replace Desktop Scanner(s) ACES - 1 - 1 1 - 1,500 - 1,500 1,500 4,500 Replace Laptop(s)/Computer(s) ACES 10 10 35 75 75 13,000 13,000 65,000 97,500 97,500 286,000 Replace Security Cameras ACES N/A N/A N/A N/A N/A 20,000 20,000 10,000 10,000 10,000 70,000 Replace Webcams ACES - 35 35 35 35 - 35,000 35,000 35,000 35,000 140,000 Tablets ACES 295 385 385 295 295 201,250 248,500 248,500 201,250 201,250 1,100,750 Subtotal $ 277,750 $ 360,000 $ 402,000 $ 395,250 $ 400,750 $ 1,835,750 IT19-DSAHS Computers This project consists of the maintenance and refresh of computers,laptops,servers and network infrastructure at the Don Soffer Aventura High School.(G/L#DSAHS-TBD) Computers-Hardware DSAHS TBD TBD TBD TBD TBD $ 61,050 $ 76,000 $ 95,000 $ 125,000 $ - $ 357,050 Computers-Software DSAHS TBD 915 - - - 915 IT Infrastructure DSAHS TBD 25,000 - - - - 25,000 Subtotal $ 86,965 $ 76,000 $ 95,000 $ 125,000 $ $ 382,965 Total $ 795,045 $ 923,550 $ 925,050 $ 1,127,750 $ 1,200,600 $ 4,971,995 348 Public Building and Facility Improvement Projects(PBF) Capital projects in this functional category include providing new facilities or improvements to existing facilities to serve the City's residents. The CIP includes six (6) projects totaling $1,462,941. The major projects encompassed in this Program include Police Department Improvements, Community Recreation Center Improvements, Government Center/Facility Improvements, HVAC Replacements and Aventura Arts & Cultural Center Improvements. The Don Soffer Aventura High School is also included. on the following pages, you will find the tables (as outlined below) that summarize and detail the proposed Public Building and Facility Improvements Projects: • Summary of Programs by Year • Detail Schedule of Proposed Transportation Improvement Projects Scheduled for FY 2024/25 - 2028/29 The rest of this page has intentionally been left blank 349 City of Capital Improvement Program Public Building and Facility Improvement Projects(PBF) Fiscal Year 2024/25-2028/29 Summary of Program by Year Projected Projected Project Category Department Funding Source 2024126 2026126 2026127d Projected2027/28 2028129d otal Public Building and Facility Improvement Projects(PBF) PBF1-PD Police Department Improvements PD General Fund-001 $ 70,000 $ - $ - $ - $ - $ 70,000 PBF2-CS Community Recreation Center Improvements CS General Fund-001 13,000 93,000 55,000 161,000 50,000 372,000 PBF3-PW/T Government Center Improvements PW/T General Fund-001 80,000 98,000 52,000 112,000 40,000 382,000 PBF4-PWlr HVAC Replacements PW/T General Fund-001 150,000 75,000 25,500 25,000 45,000 320,500 PBF4-PWlr HVAC Replacements ACES Charter School Fund-190 50,000 75,000 85,000 - - 210,000 PBF5-AACC Aventura Arts&Cultural Center Improvements AACC General Fund-001 15,000 25,000 25,000 25,000 90,000 PBF6-DSAHS Other Improvements DSAHS Charter School Fund-191 18,441 - - - - 18,441 396,441 $ 366,000 $ 242,500 $ 323,000 $ 136,000 $ 1,462,941 The rest of this page has intentionally been left blank 350 City of Aventura Detail Schedule of Proposed Public Building and Facility Improvement Projects(PBF) Scheduled for FY 2024/25-2028/29 Detail of Program by Year Quantity Year Projected Projected Projected Projected Projected CIP# &Project Category Department# 1 2 3 4 5 2024125 2025126 2026127 2027128 2028129 Total PBF1-PD Police Department Improvements This project consists of various improvements at the Police Department.(G/L#001-8020-521.62-06) Breakroom Remodel Upgrade PD 1 $ 70,000 $ - $- $- $- $ 70,000 Subtotal $ 70,000 $ $ $ $ - $ 70,000 PBF2-CS Community Recreation Center Improvements This project consists of various improvements at the Community Recreation Center. (G/L#001-8050-572.62-05) Add/Renovate Closets CS - N/A N/A N/A N/A $ - $ 25,000 $ 25,000 $ 25,000 $ 20,000 $ 95,000 Replace Audio Equipment CS 1 1 1 - 13,000 13,000 - 26,000 - 52,000 Replace Backboards&Padding CS - - - 8 - - - 10,000 10,000 Replace Classroom Lighting CS N/A - - - 20,000 20,000 Replace Furniture CS N/A N/A N/A 30,000 30,000 30,000 - 90,000 Replace Partition Wall CS 1 - 25,000 - - 25,000 Restroom Renovations CS - 1 - - 80,000 - 80,000 Subtotal $ 13,000 $ 93,000 $ 55,000 $ 161,000 $ 50,000 $ 372,000 PBF3-PW/T Government Center Improvements This project consists of various improvements at the Government Center. (G/L#001-8054-539.64-21) 2nd Floor Access to Chamber Roof PW/T N/A $ 20,000 $ - $ - $ - $ - $ 20,000 Gym Shower&Changing Room Replacement HR 3 60,000 - 60,000 Replace Carpet-4th Floor PWfr - N/A - 78,000 78,000 Replace Lighting-3rd and 4th Floor PWfr N/A 20,000 - 20,000 Replace Lighting-5th Floor PWfr N/A - 12,000 - 12,000 Upgrade Bathroom-3rd Floor PWfr - 1 - 35,000 35,000 Upgrade Bathroom-4th Floor PWfr 1 - 40,000 - 40,000 Upgrade Bathroom-5th Floor PWfr - 1 - 45,000 - 45,000 Upgrade to LED lighting-1st and 2nd Floors PWfr N/A N/A - - - 32,000 40,000 72,000 Subtotal $ 80,000 $ 98,000 $ 52,000 $ 112,000 $ 40,000 $ 382,000 PBF4-PW/T HVAC Replacements This project consists of replacing air conditioning units at various City facilities. (G/L#001-8054-539.64-20) Replace 5 ton HVAC unit at CRC PW/T - 1 1 - $ - $ - $ 25,500 $ 25,000 $ - $ 50,500 Replace 10 ton HVAC unit at CRC PW/T 1 - - 1 50,000 - - 45,000 95,000 Replace 10 ton HVAC unit at CRC PWfr 1 50,000 - 50,000 Replace 10 ton HVAC unit at CRC PWfr 1 50,000 - 50,000 Replace 20 ton HVAC unit at CRC PWfr - 1 - 75,000 - - - 75,000 Subtotal $ 150,000 $ 75,000 $ 25,500 $ 25,000 $ 45,000 $ 320,500 This project consists of replacing air conditioning units at the Aventura City of Excellence School. (G/L#190-6010-569.64-20) Replace 2 ton HVAC unit at ACES ACES 1 - - $ 50,000 $ - $ - $ - $ - $ 50,000 Replace 20 ton HVAC unit at ACES ACES - 1 1 - 75,000 85,000 160,000 Subtotal $ 50,000 $ 75,000 $ 85,000 $ $ $ 210,000 351 City of Detail Schedule of Proposed Public Building and Facility Improvement Projects(PBF) Scheduled for FY 2024/25-2028/29 Detail of Program by Year Quantity Year Projected Projected Projected Projected Projected CIP# Project Category Department# 1 2 3 4 5 2024125 2025126 2026127 2027128 2028129 Total PBF5-AACC Aventura Arts&Cultural Center Improvements This project consists of various improvements at the Aventura Arts&Cultural Center. (GIL#001-8070-575.62-08) Carpet Replacement AACC TBD - - $ - $ - $ 25,000 $ - $ - $ 25,000 Exterior Painting AACC TBD - - 25,000 25,000 Interior Painting AACC TBD 25,000 - 25,000 Replace Exterior Lighting AACC TBD 15,000 - - - 15,000 Subtotal $ 15,000 $ 25,000 $ 25,000 $ 25,000 $ $ 90,000 PBF6-DSAHS Other Improvements This project consists of improvements other than building at the Don Soffer Aventura High School.(GIL#DSAHS-TBD) Improvements Other than Building DSAHS TBD 18,441 - - - 18,441 Subtotal $ 18,441 $ $ $ $ $ 18,441 Total $ 396,441 $ 366,000 $ 242,500 $ 323,000 $ 135,000 $ 1,462,941 The rest of this page has intentionally been left blank 352 Transportation Improvement Projects(TI) This section includes improvements to the City's transportation system, roadways, sidewalks, pedestrian pathways, street lighting, transit and other infrastructure improvements. The majority of the projects outlined in the Transportation Improvement Project functional category are closely aligned with drainage improvements in accordance with established road resurfacing maintenance schedules. There are four (4) improvement projects in the CIP totaling $4,246,730. Special emphasis was given to road resurfacing, transportation system improvements and the bike share station program in order to address maintenance considerations. The projects outlined in this section have been developed based on our consulting engineer and staff's survey of all City areas. The projects were prioritized according to the urgency of the improvements needed and age of the areas to be improved. on the following pages, you will find the tables (as outlined below) that summarize and detail the proposed Transportation Improvement Projects: • Summary of Programs by Year • Detail Schedule of Proposed Transportation Improvement Projects Scheduled for FY 2024/25 - 2028/29 The rest of this page has intentionally been left blank 353 City of Aventura Capital Improvement Progra Transportation Improvement Projects(TI) Fiscal Year 2024125-2028129 Summary of Program by Year Projected Projecte Projected Projected Projected CIP# Project Category Department A Funding Source 2024/25 2025/26 2026127 2027128 2028129 ANd Transportation Improvement Projects(TI) TI1-PW/T Bike Share Station Program PWlr Citizens'Independent Transportation Trust(CITT)Fund-121 $ 8,500 $ 8,500 $ 8,500 $ 8,500 $ 8,500 $ 42,500 TI2-PW/T Circulator System Improvements PWlr General Fund-001 25,000 - - - - 25,000 TI3-PW/T Road Resurfacing Program PWlr Transportation and Street Maintenance Fund-120 - 163,385 160,290 355,025 183,515 862,215 TI3-PW/T Road Resurfacing Program PW/T Citizens'Independent Transportation Trust(CITT)Fund-121 - 621,615 689,715 969,985 - 2,281,315 TI4-PW/T Transporation System Improvements PW/T Transportation and Street Maintenance Fund-120 245,000 114,000 119,700 83,500 83,500 645,700 TI4-PW/T Transporation System Improvements PW/T Citizens'Independent Transportation Trust(CITT)Fund-121 - 130,000 130,000 130,000 - 390,000 tal $ 278,500 $ 1,037,500 $ 1,108,205 $ 1,547,010 $ 275,515 $ 4,246,730 The rest of this page has intentionally been left blank 354 City of Aventura Detail Schedule of Proposed Transportation Improvement Projects(TI) Scheduled for FY 2024/25-2028/29 Quantity Year Projected Projected Projected Projected Projected CIP# Project Category apartment# 1 2 3 2024/2 2025/26 2026/27 2027/28 2028/29 Total TI1-PW/T Bike Share Station Program This project consists of the replacement of bicycles utilized for the City's Bike Share Program that have become obsolete due to normal wear and tear.(G/L#121-5401-541.63-08) Replace Bicycles PW/T 2 2 2 2 2 $ 8,500 $ 8,500 $ 8,500 $ 8,500 $ 8,500 $ 42,500 Subtotal $ 8,500 $ 8,500 $ 8,500 $ 8,500 $ 8,500 $ 42,500 T12-PW/T Circulator System Improvements This project consists of Bus Shelter Improvements. (G/L#001-8054-541.63-04) Bus Shelter Improvements PW/T 2 $ 25,000 $ - $ - $ - $ - $ 25,000 Subtotal $ 25,000 $ - $ - $ $ - $ 25,000 TI3-PW/T Road Resurfacing Program This project consists of resurfacing roadways as determined by the City's maintenance standards and the Public Works/Transportation Department.(G/L#120-5401-541.63-05) Country Club Dr. PW/T N/A N/A N/A N/A N/A $ $ 163,385 $ 160,290 $ 171,510 $ 183,515 $ 678,700 NE 30th Ave from 203rd to 210th PW/T N/A 183,515 - 183,515 Subtotal $ $ 163,385 $ 160,290 $ 355,025 $ 183,616 $ 862,215 This project consists of resurfacing roadways as determined by the City's maintenance standards and the Public Works/Transportation Department.(G/L#121-5401-541.63-05) Country Club Dr. PW/T N/A N/A N/A - - $ $ 621,615 $ 689,715 $ 678,495 - $ 1,989,825 NE 30th Ave from 203rd to 210th PW/T N/A 291,490 291,490 Subtotal $ $ 621,615 $ 689,716 $ 969,985 $ $ 2,281,315 T14-PW/T Transportation System Improvements This project consists of CCTV Cameras and Street Lights.(G/L#120-5401-541.63-41) CCTV-Cameras-203rd Street&Biscayne Blvd. Electrical Service Relocation PW/T 1 $ 90,000 $ - $ - $ - $ 90,000 CCTV-Cameras-Country Club Drive PW/T 2 75,000 - - - 75,000 Purchase Street Lights-Biscayne Blvd. PW/T - 3 3 2 2 - 90,000 94,500 66,000 66,000 $ 316,500 Purchase Street Lights-Right-of-Ways PW/T 10 3 3 2 2 80,000 24,000 25,200 17,500 17,500 164,200 Subtotal $ 245,000 $ 114,000 $ 119,700 $ 83,500 $ 83,500 $ 645,700 This project consists of Crosswalk Solar Lighting System Improvements.(G/L#121-5401-541.63-41) New Crosswalk Solar Lighting Locations PW/T - 2 2 2 130,000 130,000 130,000 - 390,000 Subtotal $ $ 130,000 $ 130,000 $ 130,000 $ - $ 390,000 $ 278,600 $ 1,037,600 $ 1,108,206 $ 1,647,010 $ 276,616 $ 4,246,730 The rest of this page has intentionally been left blank 355 Operating Impact and the Capital Improvement Program During the CIP process, City staff begins with looking into future needs based on current and future staffing levels, the community and growth of the community but also inventorying current assets. In completing the inventory of current assets, the conditions of these items are looked at and the anticipated need for replacements are assessed. During the CIP meetings, the operating impact of the submitted capital is discussed, looked at and reviewed concurrently. First year costs of capital and operating are looked at along with the future years continued impact of any operating costs to be incurred. Projects labeled replacements, upgrades and renovations allow for more efficient and streamlined daily operations. Additional utility expenditures/expenses as well as personnel costs and maintenance costs are examined with all projects. While some projects may have a net effect on operating costs or decrease them, others will increase the operating costs. In the five-year CIP there are no projects that will have a significant impact on the City's current General Fund operating budget. The majority of the projects are considered maintenance of infrastructure or equipment replacement and/or purchase. As new computer and other equipment are purchased, the cost of physical items to repair equipment and time spent by IT Staff to do so decreases in the coming years. This is especially anticipated to assist in decreasing the Police Department's repair and maintenance of vehicles, not in the coming year, but in the future years as more of the fleet is replaced. Additional Software that is purchased comes with licensing fees/subscription fees that will have to budgeted each year in the future and those costs seem to be increasing City-wide now that subscription models are becoming the new standard. The rest of this page has intentionally been left blank 356 American Rescue Plan Act ("ARPA")Grant Funded Projects As part of the American Rescue Plan Act, the U.S. Department of the Treasury launched the Coronavirus State and Local Fiscal Recovery Funds (CSLFRF), which provides $350 billion in emergency funding for eligible state, local, territorial, and tribal governments. The intent of these funds is to aid and assist eligible governmental entities in recovery efforts resulting from the economic fallout of the COVID-19 pandemic. On January 6, 2022, the Department of Treasury released the Final Rule which details spending guidelines for the CSLFRF funding. Under the Final Rule, there are four eligible use categories: 1) Public Sector Revenue 2) Public Health and Economic Response 3) Premium Pay for Essential Workers 4) Water, Sewer and Broadband Infrastructure There are four restrictions on use of the funds. They may not be used: 1) To offset a reduction in net tax revenue 2) To replenish financial reserves 3) For deposits into pension funds 4) For debt service payments The City of Aventura's allocation is $18,525,074. This funding covers all qualifying expenditures on or after March 3, 2021. All funds must be obligated by December 31, 2024, and expended by December 31, 2026. This section includes projects to be funded by the ARPA grant allocation awarded to the City in FY 2021. After thorough review of the Final Rule, staff reviewed the City's operational and capital needs and compiled a proposed spending plan for the majority of the funding. The spending plan was presented to the City Commission at the City Commission workshop on January 20, 2022 and approved at the City Commission meeting in February 2022. The spending plan was amended in April 2022, November 2022. April 2023 and February 2024. There is a total of 36 projects, totaling $17,144,703 which has and will be funded out of the ARPA Fund, Fund 101. Total ARPA funds spent at the time this document was prepared is approximately $6.1 million. In the following pages you will find a table that displays the approved ARPA projects by department, outlining the amounts to be expended each year. They are included in the CIP document for informational purposes only. 357 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 358 City of Aventura American Rescue Plan Act Budgeted Project Schedule Scheduled for FY 2024125-2026127 Summary of Projects by Department Projected Projected Projected oject Name Department Funding Source 2024/25 2025/26 2026/27 Information Technology ARPA 1201-02-IT Hardware Upgrades IT ARPA Fund-101 $ 77,000 $ 275,000 $ - $ 352,000 ARPA 1201-03-IT ERP/Computer Software Replacement IT ARPA Fund-101 400,000 500,000 150,000 1,050,000 ARPA 1201-04-IT IT Consultant IT ARPA Fund-101 150,000 150,000 49,650 349,650 ARPA 1201-05-IT Connectivity IT ARPA Fund-101 68,500 64,650 - 133,150 ARPA 1201-07-IT CCTV and Security Cameras-Core IT ARPA Fund-101 15,000 15,000 30,000 ARPA 1201-09-IT Fire Suppression IT ARPA Fund-101 - 100,000 - 100,000 �tal $ 710,500 $ 1,104,650 $ 199,650 $ 2,014,800 Community Services ' ARPA 5001-03-CS Access Control Systems-Founders,Waterways,Dog&Veterans CS ARPA Fund-101 $ - $ 100,000 $ - $ 100,000 ARPA 5001-09-CS Employee workspaces CS ARPA Fund-101 60,000 - 60,000 I $ 60,000 $ 100,000 $ $ 160,000 Public Works/Transportation ARPA 5401-05-PW/T 199th Street Drainage PW/T ARPA Fund-101 $ 150,000 $ - $ $ 150,000 ARPA 5401-06-PW/T 191st Street Drainage PW/T ARPA Fund-101 500,000 600,000 1,100,000 ARPA 5401-07-PW/T Police Department Hardening&Reconstruction PW/T ARPA Fund-101 1,500,000 - 1,500,000 I $ 2,150,000 $ 600,000 $ $ 2,750,000 Total for all Projects $ 2,920,500 $ 1,804,650 $ 199,650 $ 4,924,800 The rest of this page has intentionally been left blank 359 City of Aventura Detail Schedule of Proposed American Rescue Plan Projects-Information Technology Scheduled for FY 2024/25-2026/27 Quantity Year Projected Projected Projected Project # Project Category artment# 1 2 3 2024125 2025/26 2026/27 otal ARPA 1201.02-IT Hardware Upgrades This project consists of various Hardware Upgrades. (G/L#101-8012-861.64-02) Storage System Upgrade IT - - - $ - $ 50,000 $ $ 50,000 Backup System Upgrade IT 50,000 50,000 Backup Solution for PD Video Systems IT - 75,000 75,000 Network 10Gig switches IT 25,000 - 25,000 Virtual Server Host Memory Upgrade* IT - - - Security Enhancements to the Network IT - 100,000 100,000 Phone System Upgrade to SIP Lines IT 47,000 - 47,000 Migrate to.gov domain IT 5,000 - 5,000 $ 77,000 $ 275,000 $ $ 352,000 *Project 1201-02-Virtual Server Host Memory Upgrade was completed in November 2023 and therefore not projected into FY 2024/25-2026/27. ARPA 1201-03-IT ERP/Computer Software Replacement This project consists of a New Financial/HR Enterprise System,an Agenda Management System&TRAKiT. (G/L#101-8012-861.64-01(ERP),101-8008-861.64-01(Agenda Mgmt)& 101-8040-861.64-01(Tracki7) (1)New New FinanciaVHR Enterprise System IT Financial/HR System $ 400,000 $ 450,000 $ 150,000 $ 1,000,000 (1)New Agenda Agenda Management System IT Magement System - 50,000 - 50,000 $ 400,000 $ 500,000 $ 150,000 $ 1,050,000 ARPA 1201.04-IT IT Consultant This project consists of an IT Consultant/Project Manager. (G/L#101-8012-861.64-03) (1)IT Consultant/Project IT Consultant/Project Manager IT Manger for Project $ 150,000 $ 150,000 $ 49,650 $ 349,650 $ 150,000 $ 150,000 $ 49,650 $ 349,650 ARPA 1201-05-IT Connectivity This project consists of Connectivity throught the City. (G/L#101-8050-861.64-04) Connectivity IT $ 68,500 $ 64,650 $ - $ 133,150 $ 68,500 $ 64,650 $ $ 133,150 ARPA 1201-07-IT CCTV and Security Cameras-Core This project consists of Upgrading the Core Video Security System. (G/L#101-8012-861.64-02) Upgrade Core Video Security System IT $ 15,000 $ 15,000 $ $ 30,000 $ 15,000 $ 15,000 $ $ 30,000 ARPA 1201-09-IT Fire Suppression This project consists of Fire Suppression in the Main&Smaff Computer Rooms. (G/L#101-8012-861.64-02) Main Computer Room IT $ - $ 80,000 $ $ 80,000 Small Computer Room IT 20,000 20,000 $ $ 100,000 $ $ 100,000 Total Information Technology $ 710,500 $ 1,104,650 $ 199,650 $ 360 City of Aventura Detail Schedule of Proposed American Rescue Plan Projects-Community Services Scheduled for FY 2024/25-2026/27 • Quantity Year Projected Projected Projected Project# Project Category Department# 1 2 3 2024/25 2025/26 2026/27 Total ARPA 5001-03-CS Access Control Systems-Founders,Waterways,Dog&Veterans This project consists of various Access Control Systems. (GIL#101-8050-861.64-02) Founders Park-Access Control System CS - - - $ - $ 25,000 $ - $ 25,000 Waterways Park-Access Control System CS 25,000 25,000 Waterways Dog Park-Access Control System CS 25,000 25,000 Veterans Park-Access Control System CS 25,000 25,000 $ $ 100,000 $ $ 100,000 ARPA 5001-09-CS Employee Workspaces This project consists of Work Space in the Community Recreation Center. (GIL#101-8050-861.62-02) Community Recreation Center-Work Space CS $ 60,000 $ - $ $ 60,000 $ 60,000 $ - $ $ 60,000 Total Community Services $ 60,000 $ 100,000 $ $ 160,000 The rest of this page has intentionally been left blank 361 City of Detail Schedule of Proposed American Rescue Plan Projects-Public Works Scheduled for FY 2024/25-2026/27 Quantity Year Projected Projected Projected Project# Project Category De artment#dh 1 2 2024/25 2025/26 2026/27 Total ARPA 5401-05-PW/T 199th Street Drainage This project consists of reconstruction of the drainage system including new piping,catch basins and manholes. (G/L#101-8054-851.63-09) 199th Street Drainage PW/T $ 150,000 $ - $ - $ 150,000 $ 150,000 $ $ $ 160,000 ARPA 6401-06-PW/T 191st Street Drainage This project consists of reconstruction of the drainage system including new piping,catch basins and manholes. (G/L#101-8054-851.63-09) 191st Street Drainage PW/T $ 500,000 $ 600,000 $ $ 1,100,000 $ 500,000 $ 600,000 $ $ 1,100,000 ARPA 6401.07-PW/T Police Department Hardening&Reconstruction This project consists of hardening of the existing 911 Communication center to provide a reliable base of operations for the Police during emergencies,hazards and disasters. (GIL#101-8054-818.62-08) Police Department Hardening&Reconstruction PW/T $ 1,500,000 $ $ $ 1,500,000 $ 1,500,000 $ $ $ 1,500,000 Total Public Works $ 2,160,000 $ 600,000 $ $ 2,750,000 The rest of this page has intentionally been left blank 362 Purpose of the Capital Improvement Program The purpose of the CIP is to establish a long-term plan of proposed capital expenditures, the means and methods of financing and a schedule of priorities for implementation. In order to determine the impact on the City's operating budget, debt service and the general trend of future expenditures, the City Commission will be provided with the advantage of a CIP document as a point of reference and estimated long-term budgetary plan. In accordance with the State's Growth Management Act, the City is required to undergo this process in order to meet the needs of its Comprehensive Plan. The CIP is an official statement of public policy regarding long-range capital development within the City. A capital improvement is defined as a capital expenditure of $5,000 or more, resulting in the acquisition, improvement or addition to fixed assets in the form of land, buildings or improvements, more or less permanent in character and durable equipment with a life expectancy of more than one (1) year. In addition, equipment that has a value less than $5,000 is also included in this document for budgetary purposes. The CIP lists proposed capital projects to be undertaken, the year in which they will be started, the amount expected to be expended in each year and the method of financing these projects. Based on the CIP, a department's capital outlay portion of the annual Operating Budget will be formulated for that particular year. The CIP document also communicates the City's capital priorities and plan for implementing projects to its citizens, businesses and interested parties. The five-year CIP is updated annually to add new projects in the fifth (5th) year, to re- evaluate the program and project priorities in light of unanticipated needs and to revise recommendations to take account of new requirements and new sources of funding. Capital Improvement programming thus becomes an integral continuing part of the City's budgeting and management procedures. The annual capital programming process provides the following benefits: 1. The CIP is a tool for implementing the City's Comprehensive Plan. 2. The CIP process provides a mechanism for coordinating projects with respect to function, location and timing. 3. The yearly evaluation of project priorities ensures that the most crucial projects are developed first. 4. The CIP process facilitates long-range financial planning by matching estimated revenue against capital needs, establishing capital expenditures and identifying 363 the need for municipal borrowing and indebtedness within a sound long-range fiscal framework. 5. The impact of capital projects on the City's operating budget can be projected. 6. The CIP serves as a source of information about the City's development and capital expenditures plan for the public, City operating departments and the City Commission. CapitalExamples of • PROJECTS Beautification projects Landscaping (i.e. purchase of new tree) Construction of buildings and facilities, Repairs and maintenance to office (i.e. including additions or major alterations and repair of blinds) repairs Construction or rehabilitation of streets, Continuing professional services (i.e. sidewalks and drainage lines monthly, quarterly & yearly inspections, assessments and/or monitoring) Large equipment (i.e., equipment & Desktop equipment (i.e. small printers, computers over $5,000) electric calculators and individual computers under $5,000) Park improvements Recurring park maintenance Purchase of new vehicles Tires and other vehicle parts for repairs and maintenance Replacement of Air Conditioning Units Repairs and maintenance to A/C unit Legal Authority A capital programming process to support the comprehensive plan is required by the Local Government Comprehensive Planning and Land Development Regulations, incorporated as Chapter 163, Florida Statutes. 364 Funding Plan Introduction In order for a CIP to be an effective management planning tool, the program must include not only a compilation of major capital needs and their costs but also a financing plan for the entire life of the program. This financing plan must include an analysis of the available resources which will be used to fund not only the CIP itself but the required operating expenditures and debt service requirements of the City. In order to ensure that the financing plan is complete in every respect, the plan formulation process must include: 1. A projection of revenues and resources which will be available to fund operating and capital expenditures during the life of the CIP. 2. A projection of future years' operating expenditure levels which will be required to provide ongoing services to City residents. 3. Once the CIP projects have been evaluated, a determination is made of the projects to be funded and the timing of the cash outflow for each project. The information is then tabulated to determine the amounts required to fund the CIP for each year. 4. From the information obtained in 1 through 3 above, the additional resources required to fund the CIP will be determined and a decision will be made on whether the program is to be financed by the issuance of debt, on a pay-as-you- go basis or some combination of the two (2). The financing plan prepared in such a manner will be as accurate as possible and should be an informative document to all City residents. However, due to the uncertainty involved in projecting operating cost increases, the community's desire for service increases and the inflow of resources over a five-year period, the financing plan presented should be viewed as a theoretical framework to be adjusted each year based on the most recent information available at that time. This will be accomplished by updating the financing plan each year, adopting operating and capital budgets and ordinances to implement fee structures which will be required to fund the program each year. Debt vs.Pay-As-You-Go Financing Debt financing through the issuance of long-term bonds is most appropriate when: 1. There are a small number of relatively large dollar value projects. 2. Larger projects cannot be broken into segments and the costs distributed over a longer time frame without impairing the usefulness of the project. 365 3. The projects are non-recurring. 4. Assets acquired have a relatively long useful life which equals or exceeds the life of the debt. Through long-term bond financing, the costs of a project having a long useful life can be shared by future residents who will benefit from the projects. In contrast, pay-as-you-go financing is most appropriate for a CIP which includes: 1. A large number of projects having a relatively small dollar value. 2. Projects which can be broken into phases with a portion completed each year without impairing the overall effectiveness of the project. 3. Projects which are of a recurring nature. 4. Projects where the assets acquired will have relatively short useful lives. The primary advantage of pay-as-you-go financing is that the interest costs and costs of bringing a bond issue to market can be avoided. However, if inappropriately used, this financing plan may cause tax rates and fee structures to increase suddenly and may result in current residents paying a greater portion of projects which benefit future residents. In summary, the choice of the appropriate financing plan will be contingent upon an analysis of the projects to be included in a CIP. Required Separation of Funding Sources In order to comply with accepted governmental accounting practices and to ensure compliance with City Codes and any related Bond Indentures, the analysis and financing plan contained herein will be presented within their respective funds. Projects funded on a pay-as-you-go basis will directly relate to the Capital Fund Budget from where the source of funding is derived. Each of these Budgets will appear in the Annual Operating and Capital Improvement Budget, which is adopted each year. Those funds are currently represented as follows: 1. General Fund - 001 2. Transportation and Street Maintenance Fund - 120 3. Citizens' Independent Transportation Trust ("CITT") Fund - 121 4. Building Fund - 164 5. Charter School Fund ("ACES") - 190 6. Don Soffer Aventura High School Fund ("DSAHS") - 191 7. Capital Projects Fund - 392 366 8. Stormwater Utility Fund - 410 In accordance with accounting, legal and internal revenue requirements, all projects to be completed with the proceeds received from the sale of Bonds or loans will be accounted for in a Capital Construction Fund or Stormwater Utility Fund. In addition, capital outlay for ACES and DSAHS are included in separate Budgets previously adopted by the City Commission. Summary of Financing Plan Model Detailed funding plans for individual funds of the City are enclosed herein in the following sections. The following represents an overview of the major points of the recommended funding plan: 1. Utilizes "pay-as-you-go" financing through annual appropriations to fund the five-year amount of $22,708,121. 2. Adjusts ad valorem tax revenues based on projected conservative growth in assessments. Funding Schedules The funding schedules are based on the funding needed to complete an individual project. A project's funding may continue for several years depending on the development timetable. Each program area has a separate Funding Plan Table that outlines the revenue sources proposed to fund project expenditures. 367 General Fund - 001 After evaluating the nature of the various projects that are included in the City's General Fund CIP, it was decided that pay-as-you-go financing would be the most appropriate method for funding the program. Financing Plan Tables Based on this decision, the analysis which follows is aimed at developing a financing plan which will allow the City to fund General Government Services operating expenditures and all projects recommended for funding in the General Fund CIP for each year of the program. Projection of Available Resources for General Government Services - Summary by Year Presents a five-year projection of available resources for General Government Services. Unless shown by an asterisk (*), the amount projected for each revenue is based on the tax rate or fee structure in effect during FY 2023/24. Revenue descriptions followed by an asterisk (*) were computed based on a projected increase in the rate structure as outlined in the Revenue Assumptions Utilized for Projections section immediately following the Table. Projection of Operating Expenditures for General Government Services - Summary by Year Presents a five-year projection of required operating expenditures for General Government Services which utilize the cost data as outlined in the Operating Expenditure Assumptions Utilized for Projections section immediately following the Table. Combined Summary of Projected Available Resources and Operating Expenditures for General Government Services - by Year Is a recap of resources available to fund the General Fund CIP based on projected revenues and expenditures and the proposed CIP appropriations for the five (5) years of the program. Please note that this analysis assumes that all available resources not needed to fund current operating expenditures may be transferred to the General Fund Capital Reserves which could be used to fund unexpected capital outlays or to fund future years' programs. 368 City of 1 ventura General Fund-001 Projection of Available Resources for General Government Services-Summary by Year Projected Projected ojected Projected Projected Revenues 2024125 2025/26 AQ7 2027128 2028/29 Ad Valorem Taxes $ 20,707,334 $ 22,417,951 $ 23,084,490 $ 23,771,025 $ 24,478,156 $ 25,206,501 (a) Section 185 Premium Tax 450,000 475,000 475,000 475,000 475,000 475,000 Utility Taxes 6,980,000 7,530,000 7,605,900 7,681,959 7,758,779 7,836,367 (b) Unified Communications Tax 1,640,000 1,675,000 1,678,350 1,681,707 1,685,070 1,688,440 City Business Tax 950,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 (c) Building Related Revenue 20,000 15,000 15,000 15,000 15,000 15,000 (d) Franchise Fee-Electric 3,500,000 3,950,000 3,957,900 3,965,816 3,973,747 3,981,695 (e) Franchise Fee-Other 750,000 820,000 825,000 830,100 835,200 840,200 (f) State Revenue Sharing 950,000 1,325,500 1,345,383 1,365,563 1,386,047 1,406,837 (g) Half Cent Sales Tax 3,825,000 4,000,000 4,080,000 4,161,600 4,244,832 4,329,729 (h) County Business Tax 45,000 45,000 45,000 45,000 45,000 45,000 (i) Intergovernmental Revenues-Other 42,676 42,676 42,676 42,676 42,676 42,676 Q) Charges for Services 4,274,421 5,716,610 5,866,627 6,018,788 6,173,160 6,329,814 (k) Fines&Forfeitures 2,633,700 3,089,990 3,117,730 3,145,745 3,174,245 3,202,821 (I) Misc.Revenues 929,376 1,609,500 2,610,023 2,610,549 2,611,077 2,611,608 (m) Transfers 246,592 608,030 620,191 629,493 635,788 642,146 (n) Total Projected Available Resources $ 47,944,099 $ 54,320,257 $ Obli 8,533,777 $ 59,653,833 Revenue Assumptions Utilized for Projections (a) Ad Valorem Taxes are projected to remain stable in years 2024/26-2027/29. (b) Utility Taxes are projected to increase at varying rates of 1%and 3%per year- (c) City Business Tax is projected to increase at a rate between 0%and 2.6%per year- (d) Engineering Permits are projected to remain relatively flat over the coming years- (e) Franchise Fee-Electric is projected to increase at a rate of 0-2%per year- (f) Franchise Fee-Other is projected to increase at a rate between 0%and 4.8%per year(for gas and solid waste)while towing is projected to remain stable over the same period- (g) State Revenue Sharing is projected to remain relatively stable over the coming years at 1.5%- (h) Half Cent Sales Tax is projected to increase at a rate of 2%per year- (i) Intergovernmental Revenues-Other is projected to remain relatively stable over the coming years Q) The Police Services Agreement with the Aventura Mail(the largest portion of Charges for Services category)is projected to increase at a rate of 2.5%per year- (k) Fines&Forfeitures is projected to increase from FY 2024/25-FY 2028/29. The rest of this page has intentionally been left blank 369 City of 1 ventura General Fund-001 Projection of Operating Expenditures for General Government Services-Summary by Year Amended Projected Projected Projected Projected rojected Department 2023/24 2024125 2025/26 2026/27 2027/28 2028/29 City Commission $ 301,841 $ 468,287 $ 476,482 $ 484,820 $ 493,304 $ 508,103 Office of the City Manager 1,492,954 1,591,242 1,619,089 1,647,423 1,676,253 1,726,541 Legal 467,500 500,000 507,250 514,859 522,582 533,034 City Clerk's Office 458,483 577,960 588,074 598,365 608,836 627,101 Finance 1,191,199 1,225,102 1,246,541 1,268,355 1,290,551 1,329,268 Human Resources 300,105 419,047 426,380 433,842 441,434 454,677 Information Technology 1,287,148 1,250,539 1,272,423 1,294,690 1,317,347 1,356,867 Police 24,708,406 26,078,344 26,534,715 26,999,073 27,471,557 28,295,704 Community Development 612,592 612,424 465,225 493,319 515,178 540,647 Community Services 4,153,131 5,619,334 5,717,672 5,817,731 5,919,541 6,097,127 Public Works/Transportation 3,580,681 3,429,113 3,489,122 3,550,182 3,612,310 3,720,679 Arts&Cultural Center 1,241,517 1,573,910 1,601,453 1,629,478 1,657,994 1,707,734 Non-Departmental 2,982,098 2,866,810 2,881,144 2,895,550 2,910,028 2,924,578 Total Projected Operating Expenditures for General kims Government Services $ 42,777,655 $ 46,212,112 $ 46,825,570 $ 47,627,687 $ 48,436,915 $ 49,822,060 Total Projected Debt Service/Grants&Aides/Transfers $ 3,281,989 $ 3,235,475 $ 2,267,906 $ 2,267,109 $ 1,914,906 $ 1,839,228 otal Projected Expenditures $ 46,059,644 $ 49,447,587 $ 49,093,476 $ 49,894,796 $ 50,351,821 $ 51,661,288 Operating Expenditure Assumptions Utilized for Projections Operating expenditures are projected to increase an average of 0.5%-3%per year. The rest of this page has intentionally been left blank 370 City of Aventura General Fund Combined Summary of Projected Available Resources and Operating Expenditures for General Government Services-by Year Amended Projected Projected Projected Projected Projected Department 2023/24 2024/25 2025126 2026/27 2027/28 2028/29 Total Projected Available Resources $ 47,944,099 $ 54,320,257 $ 56,369,270 $ 57,440,021 $ 58,533,777 $ 59,653,833 Projected Operating Expenditures 42,777,655 46,212,112 46,825,570 47,627,687 48,436,915 49,822,060 Projected Debt Service/Transfers WACES&HS 3,281,989 3,235,475 2,267,906 2,267,109 1,914,906 1,839,228 Subtotal $ 46,059,644 $ 49,447,587 $ 49,093,476 $ 49,894,796 $ 50,351,821 $ 51,661,288 Balance after Operating Expenditures&Debt Service Transfers $ 1,884,455 $ 4,872,670 $ 7,275,794 $ 7,545,225 $ 8,181,956 $ 7,992,545 Less CIP Appropriations for: Beautification/Park Facility 133,904 84,000 648,350 495,750 248,000 1,103,000 Capital Equipment Purch/Replace 1,076,088 1,078,300 1,352,785 1,284,605 1,258,895 1,275,520 Information Technology 523,800 368,400 364,500 364,300 553,450 746,100 Public Bldg&Facility 478,848 328,000 291,000 157,500 323,000 135,000 Transportation Improvement Projects - 25,000 - - - - $ 2,212,640 $ 1,883,700 $ 2,656,635 $ 2,302,155 $ 2,383,345 $ 3,259,620 Amount added to(used by)CIP Reserve $ (328,185) $ 2,988,970 $ 4,619,159 $ 5,243,070 $ 5,798,611 $ 4,732,925 The rest of this page has intentionally been left blank 371 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 372 Transportation and Street Maintenance Fund - 120 This fund was established to account for restricted revenues and expenditures which by State Statute is designated for transportation enhancements, street maintenance and construction costs. The table below reflects the anticipated revenues available and the proposed appropriations. A total of $1,507,915 from this fund will be utilized to fund the transportation enhancements, street maintenance and construction costs during the five-year period. In FY 2023/24, the Country Transit System Surtax revenue and corresponding expenditures were separated into a new fund, the Citizens' Independent Transportation Trust (CITT) Fund, Fund 121. Projected Available Resources and Appropriations - Summary by Year Reflects the anticipated revenues available and the proposed appropriations for the Transportation and Street Maintenance Fund for the five-year period which utilize the cost data as outlined in the Assumptions Utilized for Projections section immediately following the Table. The rest of this page has intentionally been left blank 373 City of Transportation and Street Maintenance Fund-12 Projected Available Resources and Appropriations-Summary by Year Amended Projecte Projected Projected Projected 2023/24 2026/26 2026/27 2027128 2028/29 Revenue Projections Intergovernmental Revenues State Revenue Sharing I1I $ 250,000 $ 300,000 $ 304,500 $ 309,068 $ 313,704 $ 318,409 Local Option Cap.Impr.Gas Tax I1I 140,000 145,000 149,350 153,831 158,445 163,199 Local Option Gas Tax(') 378,000 390,000 405,600 421,824 438,697 456,245 Fuel Tax Refund I1I 8,000 12,000 12,000 12,000 12,000 12,000 Subtotal $ 776,000 $ 847,000 $ 871,450 $ 896,722 $ 922,846 $ 949,863 Miscellaneous Revenues Interest $ 150,000 $ 150,000 $ 150,000 $ 150,000 $ 150,000 $ 150,000 Subtotal $ 150,000 $ 150,000 $ 150,000 $ 150,000 $ 150,000 $ 160,000 Fund Balance Carryover-Impact Fees - - - - - - Subtotal $ $ $ $ $ $ =Total Projected Available Resources $ 926,000 $ 997,000 $ 1,021,460 $ 1,046,722 $ 1,072,846 $ 1,099,863 Expenditures Contractual Services Public Works/Transportation-5401-541 Landscape/Tree Maint/Streets(z) $ 666,000 $ 463,615 $ 473,815 $ 484,239 $ 494,892 $ 505,780 TVMS Maintenance(3) 120,000 125,000 125,000 125,000 125,000 125,000 ng Expenditures $ 786,000 $ 588,615 $ 698,816 $ 609,239 $ 619,892 $ 630,780 Ir Balancwperating Expenditures $ 140,000 $ 408,386 $ 422,636 $ 437,483 $ 462,964 $ 469,073 OutlayLess CIP Appropriations for Transportation Improvement Projects: Capital Public Works/Transportation-5401-541 Road Resurfacing $ 65,000 S - S 163,385 $ 160,290 $ 355,025 $ 183,515 Transportation System Improv. 75,000 245,000 114,000 119,700 83,500 83,500 Total Capital Expenditures $ 140,000 $ 246,000 $ 277,386 $ 279,990 $ 438,626 $ 267,016 NNEWM-ount Available for Carryo $ 163,386 $ 146,260 $ 157,493 $ 14,429 $ 202,068 Assumptions Utilized for Projections: ICI Projected to increase between 0.3%-7%per year- (2)Projected to increase between 1%-3%per year- (3)Projected to remain relatively stable over the next few years. The rest of this page has intentionally been left blank 374 Citizens' Independent Transportation Trust (CITT) Fund - 121 This fund was established in FY 2023/24 to account for restricted revenues and expenditures which by County Transit System Surtax Ordinance are designated for transit and transportation. The table below reflects the anticipated revenues available and the proposed appropriations. A total of $2,713,815 from this fund will be utilized to fund transportation and transit CIP during the five-year period. Projected Available Resources and Appropriations - Summary by Year Reflects the anticipated revenues available and the proposed appropriations for the Citizens' Independent Transportation Trust Fund for the five-year period which utilize the cost data as outlined in the Assumptions Utilized for Projections section immediately following the Table. The rest of this page has intentionally been left blank 375 City of itizens'Independent Transportation Trust CI Fund-1 Projected Available Resources and Appropriations-Summary by Year Amended Projecte Projected Projected Projected 2023/24 2026/26 2026/27 2027128 2028/29 Revenue Projections Intergovernmental Revenues County Transit System Surtax(') $ 2,500,000 $ 2,400,000 $ 2,449,000 $ 2,497,980 $ 2,547,940 $ 2,598,898 Subtotal $ 2,500,000 $ 2,400,000 $ 2,449,000 $ 2,497,980 $ 2,647,940 $ 2,598,898 Miscellaneous Revenues Interest $ - $ - $ - $ - $ - $ - Citywide Bicycle Sharing 30,000 30,000 30,000 30,000 30,000 30,000 Subtotal $ 30,000 $ 30,000 $ 30,000 $ 30,000 $ 30,000 $ 30,000 IF Total Projected Available Resources $ 2,530,000 $ 2,430,000 $ 2,479,000 $ 2,627,980 $ 2,677,940 $ 2,628,898 Expenditures Contractual Services Public Works/Transportation-5401-541 City-Wide Bicycle Sharing(z) $ 86,000 $ 95,000 $ 98,800 $ 102,752 $ 106,862 $ 111,136 Enhanced Transit Services(z) 511,680 347,415 361,312 375,764 390,795 406,427 On-Demand Transit Services(2) 1,425,000 1,200,980 1,249,019 1,298,980 1,350,939 1,404,977 Total Operating Expenditures $ 2,022,680 $ 1,643,396 $ 1,709,131 $ 1,777,496 $ 1,848,696 $ 1,922,640 glance after Operating Expenditures & 507,320 $ 786,606 $ 769,869 $ 760,484 $ 729,344 $ 706,358 OutlayLess CIP Appropriations for Transportation Improvement Projects: Capital Public Works/Transportation-5401-541 Road Resurfacing $ - $ - $ 621,615 $ 689,715 $ 969,985 $ - Citywide Bicycle Sharing 8,500 8,500 8,500 8,500 8,500 8,500 Transportation System Improv. 130,000 - 130,000 130,000 130,000 - Capital Reserves 368,820 - - - - - �WTotal Capital Expenditures $ 607,320 $ 8,600 $ 760,116 $ 828,216 $ 1,108,486 $ 8,500 �&mount Available for Carryover $ 778,106 $ 9,764 $ (77,731) $ (379,141) $ 697,858 Assumptions Utilized for Projections: I1I Projected to increase between 0%-11.1%per year- (2)Projected to increase between 0.5%-3%per year. The rest of this page has intentionally been left blank 376 Building Fund - 164 This fund was established in FY 2022/23 to account for restricted revenues and expenditures which by State Statute are designated for the building functions of the City. The table below reflects the anticipated revenues available and the proposed appropriations. A total of $82,530 from this fund will be utilized to fund the building CIP during the five- year period. Projected Available Resources and Appropriations - Summary by Year Reflects the anticipated revenues available and the proposed appropriations for the Building Fund for the five-year period which utilize the cost data as outlined in the Assumptions Utilized for Projections section immediately following the Table. The rest of this page has intentionally been left blank 377 City of 1 ventura Building Fund-164 Projected Available Resources and Appropriations-Summary by Year Amended Projected Projected Projected Projected Projected 2023124 2024125 2025126 2026127 2027128 2028129 Revenue Projections Licenses&Permits Building Permits(2) $ 4,069,382 $ 5,000,000 $ 5,007,500 $ 5,015,011 $ 5,022,534 $ 5,030,068 Radon/Code Comp Admin.Fee(2) 8,500 15,000 15,000 15,000 15,000 15,000 Certificate of Occupancy(2) 161,500 180,000 180,000 180,000 180,000 180,000 Subtotal $ 4,239,382 $ 5,195,000 $ 5,202,500 $ 5,210,011 $ 5,217,534 $ 5,225,068 Fines&Forfeitures Code Violation Fines(2) $ 1,250 $ - $ - $ - $ - $ - Subtotal $ 1,250 $ $ $ $ $ Miscellaneous Revenues Interest $ 15,000 $ 75,000 $ 75,000 $ 75,000 $ 75,000 $ 75,000 Subtotal $ 15,000 $ 75,000 $ 75,000 $ 75,000 $ 75,000 $ 75,000 Total Projected Available Resources $ 4,255,632 $ 5,270,000 $ 5,277,500 $ 5,28. Nool 5,300,068 Expenditures Personal Services Community D- 4001-524 Employee Salaries ' $ 286,400 $ 311,589 $ 320,937 $ 330,565 $ 340,482 $ 350,696 FICA(') 21,910 23,837 24,552 25,289 26,048 26,829 Pension ' 31,144 34,606 35,644 36,713 37,814 38,948 Health,Life&Disability ' 39,982 40,155 40,557 40,963 41,373 41,787 Workers'Compensation(') 2,962 2,561 2,689 2,823 2,964 3,112 Subtotal $ 382,398 $ 412,748 $ 424,379 $ 436,353 $ 448,681 $ 461,372 Contractual Services Community D- 4001-524 Building Inspection Services(2) $ 3,335,000 $ 3,700,000 $ 3,707,400 $ 3,714,815 $ 3,722,245 $ 3,729,689 Prof.Services(2) 40,000 25,000 25,250 25,503 25,758 26,016 Subtotal $ 3,375,000 $ 3,725,000 $ 3,732,650 $ 3,740,318 $ 3,748,003 $ 3,755,705 Other Charges&Services Community De4001-524 Car Allowance(2) $ 1,800 $ 1,800 $ 1,800 $ 1,800 $ 1,800 $ 1,800 Communication Services(21 492 9,132 9,132 9,132 9,132 9,132 Lease Equipment(2) 2,500 3,000 3,090 3,183 3,278 3,376 R&M-Equipment(2) 81,400 10,000 10,100 10,201 10,303 10,406 Printing(2) 4,000 4,000 4,020 4,040 4,060 4,080 Records Retention(2) 70,000 35,000 35,875 36,772 37,691 38,633 Email Hosting Services(2) 2,000 - - - - - Subtotal $ 162,192 $ 62,932 $ 64,017 $ 65,128 $ 66,264 $ 67,427 Commodities Community■- 4001-524 Office Supplies(2) $ 3,000 $ 5,000 $ 5,025 $ 5,050 $ 5,075 $ 5,100 Computer Operating Supplies(2) 33,600 4,000 4,020 4,040 4,060 4,080 uniforms(2) 150 300 300 300 300 300 Computer Subscriptions(2) - 57,000 58,140 59,303 60,489 61,699 Subtotal $ 36,750 $ 66,300 $ 67,485 $ 68,693 $ 69,924 $ 71,179 Other Operating Community D- 4001-524 Training(21 $ 7,500 $ 3,000 $ 3,030 $ 3,060 $ 3,091 $ 3,122 Subtotal $ 7,500 $ 3,000 $ 3,030 $ 3,060 $ 3,091 $ 3,122 Total Operating Expenditures $ 3,963,840 $ 4,269,980 4,313,552 $ 4,335,963 $ 4,358,805 Balance after Operating Expenditures $ 291,792 $ 1,000, 971,459 $ 956,571 $ 941,263 378 City of 1 ventura Building Fund-164 Projected Available Resources and Appropriations-Summary by Year Amended Projected Projected Projected Projected Projected 2023124 2024/25 2025126 2026/27 2027/28 2028129 Transfers Community D- 4001-581 Transfer to General Fund"I $ 246,592 $ 608,030 $ 618,379 $ 630,747 $ 643,362 $ 656,229 Subtotal $ 246,592 $ 608,030 $ 618,379 $ 630,747 $ 643,362 $ 656,229 OutlayLess CIP Appropriations: Capital Community D- 8040-524 Computer Equipment>$5,000 $ - $ - $ 25,000 $ - $ - $ - Computer Equipment<$5,000 5,200 17,930 10,050 10,750 10,050 8,750 Equipment>$5,000 40,000 Total Capital Expenditures $ 45,200 $ 17,930 $ 35,050 $ 10,750 $ 10,050 $ 8,750 Amount Available for Carryover $ - $ 374,060 $ 332,510 $ 329,962 $ 303,159 $ 276,284 Assumptions Utilized for Projections: Projected to increase between 1%-5%per year. Projected to increase between 0%-3%per year. The rest of this page has intentionally been left blank 379 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 380 Stormwater Utility Fund - 410 The City is responsible for stormwater management activities within its corporate boundaries. In order to address deficiencies and develop an ongoing maintenance program, a Stormwater Utility Fund was created. The Fund generates revenues for stormwater management costs, permitting, maintenance and capital improvements from a source other than the General Fund. The Utility relies on user fees charged to residents and businesses for generating revenues. A total of $3,100,000 from this fund will be utilized to fund the stormwater drainage improvement projects during the five-year period. The City's Stormwater Utility Fee is $3.50/ERU but will continue to be monitored to see if any adjustments may be necessary in order to sustain the fund's projected future operating and capital expenditures. Projected Available Resources and Appropriations - Summary by Year Reflects the anticipated revenues available and the proposed appropriations for the Stormwater Utility Fund for the five-year period which utilize the cost data as outlined in the Assumptions Utilized for Projections section immediately following the Table. The rest of this page has intentionally been left blank 381 City of Aventura Stormwater Utility Fund-410 Projected Available Resources and Appropriations-Summary by Year Amended Projected Projected Projected Projected Projected 2023/24 2024/25 2026126 2026/27 2027128 2028/29 Revenue Projections Intergovernmental Revenues FDEP Grant $ - $ 348,000 $ - $ - $ - $ - Subtotal $ $ 348,000 $ $ $ $ Charges for Services Stormwater Utility Fees! $ 1,335,000 $ 1,500,000 $ 1,503,000 $ 1,506,006 $ 1,509,018 $ 1,512,036 Subtotal $ 1,335,000 $ 1,500,000 $ 1,503,000 $ 1,506,006 $ 1,509,018 $ 1,512,036 Miscellaneous Revenues Interest $ 25,000 $ 35,000 $ 35,000 $ 35,000 $ 35,000 $ 35,000 Subtotal $ 25,000 $ 35,000 $ 35,000 $ 35,000 $ 35,000 $ 35,000 Fund Balance Carryover S - S - S - S - $ - $ - Subtotal $ $ $ $ $ $ Total Projected Available Resources $ 1,360,000 $ 1,883,000 $ 1,638,000 $ 1,641,006 $ 1,644,018 $ 1,647,036 Expenses Contractual Services Public Works/Transportation-5401-538 Prof.Services-Engineering(2) $ 170,000 $ 500,000 $ 520,000 $ 540,800 $ 562,432 $ 584,929 Lands Maint.-Streets(2) 370,000 370,000 378,140 386,459 394,961 403,650 Street Maint./Drainage(2) 170,000 170,000 171,700 173,417 175,151 176,903 Subtotal $ 710,000 $ 1,040,000 $ 1,069,840 $ 1,100,676 $ 1,132,544 $ 1,165,482 Other Operating Public Works/Transportation-5401-538 Subscriptions&Memberships(l $ 1,500 S 2,000 $ 2,020 $ 2,040 $ 2,060 $ 2,081 Conferences&Seminars O 3,500 3,500 3,535 3,570 3,606 3,642 Training(l 2,000 2,000 2,020 2,040 2,060 2,081 Subtotal $ 7,000 $ 7,500 $ 7,575 $ 7,650 $ 7,726 $ 7,804 Total Operating Expenses $ 717,000 $ 1,047,600 $ 1,077,415 $ 1,108,326 $ 1,140,270 $ 1,173,286 Balance after Operating Expenses $ 643,000 $ 836,600 $ 460,585 $ 432,680 $ 403,748 $ 373,760 OutlayLess CIP Appropriations for Drainage Improvement Projects: Capital Public Works/Transportation-5401-538 Drainage Improvements $ - S $ 800,000 $ 800,000 $ 800,000 $ 700,000 Capital Reserve 643,000 - - - - Total Capital Expenditures $ 643,000 $ $ 800,000 $ 800,000 $ 800,000 $ 700,000 Amount Available for Carryover $ $ 835,500 $ (339,415) $ (367,320) $ (396,252) $ (326,250) Assumptions Utilized for Projections: (1)Stormwater Utility Fees and Other Operating Expenses projected to increase by 1%-12.4%per year. (2)Contractual Services includes Operation,Maintenance,Engineering and Administration which is projected to increase by 1%-4%per year. The rest of this page has intentionally been left blank 382 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 Appendix B Authorized Investment Summary Table 383 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 384 Appendix B Authorized Investments Summary Table Maximum Subsector Individual Maximum Investment Type Minimum Rating' Composition Limit Issuer Limit Maturity United States Government Securities UST 10D% - 7 Years United States Government Agencies2 AGY 50% - 101-o 5 Years United States Government Sponsored A encies3 AGY 80% - 25% 7 Years Interest Bearing Time Deposit or Savings Account" QPD 10% - 5% 1 Year Repurchase A reements5' 2C% - - 90 Days Coun#era A-1/P-1 5°Io - - Collateral UST}AGY - - Florida Local Government Surplus Trust Fund SBA)" AAAm 65% -Intergovernmental Investment Pools"' AAA/Aaa 25% - - - Money Market Mutual Fundse AAAmfAAAm-G 35% - 15% - Commercial Paper A-11P-1{Al 25% 10% 2'�c 270 days Corporate Notes "A"or Getter by at least 2 NRSRG's 25% 10% 2'�c 5 Years Taxable and Tax-Exempt Municipal Bonds: "A"P'A" General Gbli ation Bonds MIG-2ISP-2 25% - 5 Years Revenue and Excise Tax Bonds 1U e' - 5 Years Asset Backed Securities AAA by at least 2 NRSRG's 15% 10% 2'�c 5 Years Israel Bonds* $500 000 - - 3 Years 1. Investments must meet the Minimum Rating requirement at the time of purchase. The Finance Director shall determine the appropriate action for any investment held that is downgraded below the Minimum Rating by one(1)or more rating agencies 2. Securities purchased under the Temporary Liquidity Guarantee Program(TLGP)are classified as Government Agencies as a result of the Federal Government Guarantee. 3. Federal Agency Mortgage Backed Securities will have an average life efive(5)years or less. 4_ Interest Bearing Time Deposit or Savirx�.s Accounts will be purchased fromfield with a Qualified Public Depository defined in Florida State Statute Chapter 280. The list of QP❑'s can be found on the State of Florida's Chief Financial Offiicer'swebsite. 5_ Collateral for Repurchase Agreements wi II be limited to united States Government or United States Government Agency securities,have a val Lie of 102%of the Repurchase Agreement,and a final maturity of five(5)yearu or less. Repurchase Agreements with a maturity of more than one(1)day will be held with a Third Party Custodian. 6. Maximum maturity and weighted average maturity defined in prospectus. If commercial paper is backed by a letter of credit CrLOC7),the long-term debt of the LQC provider must be rated'A"or better by at least 2 nationally recognized rating agencies. a}Maximum of 1a%of available funds may be invested in taxable and tax-exempt Revenue and Excise tax bonds of various municipalises of the State of Florida,provided none of such securities have been in default within 5 years prior to the date of purchase. 'Investments managed internally by City staff,not managed by I rnrestment Advisor 385 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 This page has intentionally been left blank 386 City of Aventura Operating and Capital Budget Fiscal Year 2024/25 r r . 4 Appendix C Glossary of Acronyms & Terms 387 911 Fund This fund is used to account for revenues and expenditures specifically earmarked for the City's emergency 911 system in accordance with Florida Statutes 365.172. The funds may be used to provide emergency dispatch systems, training, communication, maintenance and repairs and related capital outlay purchases. The fund offsets a portion of the emergency 911 operations. -A- Account A term used to identify an individual asset, liability, expenditure control, revenue control, encumbrance control or fund balance. Accounting System The total structure of records and procedures which discover, record, classify, summarize and report information on the financial position and results of operations of the City or any of its funds,fund types, balanced account groups or organizational components. Accrual Basis of Accounting A method of accounting where revenues are recorded when service is given and expenses are recognized when the benefit is received. ACFR- Annual Comprehensive Financial Report Actuary A person that makes determinations of required contributions to achieve future funding levels that addresses risk and time. Ad Valorem Taxes Taxes levied on all real and certain personal property, tangible and intangible, according to the property's assessed valuation. Adopted Budget The initially proposed budget as formally approved by the City Commission. Amended Budget The adopted budget as formally adjusted by the City Commission. Amortization The reduction of debt through regular payments of principal and interest sufficient to retire the debt instrument at a predetermined date known as maturity. 388 Annual Comprehensive Financial Report ("Annual Report") This official annual report presents the status of the City's finances in a standardized format. The Annual Report is organized by fund and contains two (2) basic types of information: a balance sheet that compares assets with liabilities and fund balance and an operating statement that compares revenues and expenditures. APB-Accounting Principles Board Appropriation An authorization granted by the City Commission to make expenditures and to incur obligations for specific purposes. An appropriation is limited in amount to the time it may be expended. ARBs- Accounting Research Bulletins Arts&Cultural Center("AACC") A facility in Aventura that offers a wide range of entertainment and provides a variety of performing arts and relevant cultural programming. Assessed Valuation A valuation set upon real estate or other property by the County Property Appraiser and the State as a basis for levying ad valorem taxes. Assets Cash, receivables or capital assets listed within the balance sheet. AVE - Avenue Aventura City of Excellence School ("ACES") A Charter School in Aventura for grades K-8. -B- Balance Sheet Basic financial statement that describes the basis of accounting used in its preparation and presentation of a specified date in the City's assets, liabilities and the remaining fund balance or fund equity. Balanced Budget A budget in which current funds or revenues equal planned expenditures. 389 Basis of Accounting Basis of Accounting refers to the time period when revenues and expenditures are recognized in the accounts and reported on the financial statements. Basis of accounting relates to the timing of the measurements made, regardless of the measurement focus applied. Basis of Budgeting The Basis of Budgeting refers to the method used to determine when revenues and expenditures are recognized for budgetary purposes. Budgets for governmental funds are adopted on a basis that is consistent with Generally Accepted Accounting Principles ("GAAP") which require recognition of transactions or events on a modified accrual basis of accounting. This basis of accounting recognizes increases and decreases in financial resources only to the extent that they reflect near-term inflows or outflows of cash. Basis Point Equal to 1/100 of 1%. If interest rates rise from 7.50% to 7.757o, the difference is referred to as an increase of 25 basis points. Bond A written promise, generally under seal, to pay a specified sum of money, called the face value, at a fixed time in the future, called the date of maturity and carrying interest at a fixed rate, usually payable periodically. Note: The difference between a note and a bond is that the latter usually runs for a longer period of time and requires greater legal formality. Bond Covenants A legally enforceable promise made to the bondholders from the issuer, generally in relation to the funding source utilized for repayment. Bonded Debt That portion of indebtedness represented by outstanding bonds. Budget A financial operating plan that embodies an estimate of proposed expenditures for a given period (usually a single fiscal year) and the proposed means of financing them. Budget Calendar A schedule of key dates that the City utilizes to prepare, adopt and administer the budget. 390 Budget Message A general discussion of the proposed budget as presented in writing by the City Manager to the City Commission. Budgetary Control The control or management of the City in accordance with the approved budget for the purpose of keeping expenditures within the limitations of available appropriations and available revenues. Represents the level of control at which expenditures may not exceed budget. Any revisions that alter the total expenditures of a department must be approved by the City Commission. Building Fund A fund established to account for the revenues and expenditures of the Building Department to comply with Florida Statutes. -C- CALEA- Commission of Accreditation for Law Enforcement Agencies Capital Budget A plan of proposed capital outlays and the means of financing them for the current fiscal period. Capital Construction Fund A fund established to account for bond proceeds and expenditures associated with the purchase of properties and/or constructions costs to be utilized for public parks, Arts & Cultural Center, the Government Center and Police Station and the Don Soffer Aventura High School. Capital Improvement Program ("CIP") A plan for capital expenditures to be incurred each year over a five-year period to meet capital needs arising from the long-term work program or otherwise. It sets forth each project or other contemplated expenditure in which the City is to have a part and specifies the full resources estimated to be available to finance the projected expenditures. Capital outlays Non-recurring expenditures of an infrequent or unusual nature which may result in the acquisition/addition to the City's fixed capital assets or infrastructure. 391 Capital Projects Fund A fund established to account for impact fees and other revenues specifically earmarked for capital projects restricted by City Ordinance or Commission Policy. CARES - Coronavirus Aid, Relief, and Economic Security Carryover An existing fund balance that is projected to be available for use in the City's annual budgeted expenditures. Centers for Disease Control and Prevention ("CDC") Mentioned in the glossary due to the COVID-19 pandemic. Chart of Accounts The classification system used by the City to organize the accounting for various funds. Charter Schools USA,Inc. ("CSUSA") An organization that managers the Aventura City of Excellence School ("ACES") CIP - Capital Improvement Project COLA- Cost of Living Adjustment Collective Bargaining Agreement ("CBA") An employment agreement between the City and Dade County Police Benevolent Association that covers Officers and Sergeants. Commercial Paper An unsecured promissory note that is issued for a specific amount, maturing on a specific day. Normally, the maximum maturity is 270 days, but the most common length is 30 days. Contingency An appropriation of funds available to cover unforeseen events that occur during the fiscal year. These funds, if not used, lapse at year-end. Note: This is not the same as fund balance. Coronavirus Disease 2019 ("COVID-19") A pandemic that affected the world and changed how people, businesses and communities do life and work. CPI- Consumer Price Index 392 CRC- Community Recreation Center CRS- Community Rating System Current Assets Assets that one can reasonably expect to convert into cash, sell or be consumed through operations within one (1) year. Current Liabilities Obligation whose liquidation is expected to require the use of existing resources classified as current assets or the creation of other current liabilities. -D- Debt Service The payment of principal and interest on borrowed funds such as bonds. Debt Service Fund A fund established to finance and account for the accumulation of resources for and the payment of, general long-term debt principal and interest. Note: This fund is also referred to as a "Sinking Fund". Debt Service Requirements The amounts of revenue which must be provided for a debt service fund so that all principal and interest payments can be made in full and on schedule. Defeasance A provision that voids a bond when the borrower puts cash in escrow via a refunding bond issuance sufficient to service the borrower's debt. When a bond issue is defeased, the borrower sets aside cash to pay off the bonds, therefore the outstanding debt and cash offset each other on the balance sheet and are removed from the financial statements. Depreciation The decrease in the value of physical assets due to their use and the passage of time. DEPT- Department DIV- Division Don Soffer Aventura High School ("DSAHS") - Aventura's High School for grades 9-12. 393 -E- Encumbrances Obligations in the form of purchase orders, contracts or salary commitments which are chargeable to an appropriation and for which a part of the appropriation is reserved. They cease to be encumbrances when paid or when the actual liability is set up. Equivalent Residential Unit ("ERU") Used in calculating stormwater utility fees. The City charges a specific amount per ERU. Expenditures For accrual basis accounts, this term designates total charges incurred, whether paid or unpaid, including expenses, provision for debt service and capital outlays. For cash basis accounts, the term covers only actual disbursements for these purposes. Note: Encumbrances are not considered expenditures. Expenses Charges incurred, whether paid or unpaid, for operation, maintenance and interest and other charges which are presumed to benefit the current fiscal period. -F- FASB- Financial Accounting Standards Board Fiscal Period Any period at the end of which a governmental unit determines its financial condition and the results of its operations and closes its books. Note: It is usually a year, though not necessarily a calendar year. Fiscal Year("FY") Any period of 12 consecutive months to which the annual budget applies and at the end of which the City determines its financial position and results of operations. The City's fiscal year begins October 1st and ends September 30tn Fixed Assets Land, buildings, machinery,furniture, or other equipment that have a useful life of more than one (1) year that cost more than $5,000. Florida Department of Transportation ("FDOT") Maintains the roadways in the State of Florida. 394 Florida Power&Light Company("FPL") Franchise Fee Charges to service providers for exclusive/non-exclusive rights to operate within municipal boundaries. Examples include electric, gas, sanitation and towing. FT- Full Time FTE- Full Time Equivalent Full-Time Equivalent Position ("FTE") A part-time position converted to the decimal equivalent of a full-time position based on 2,080 hours/year. Fund An independent fiscal and accounting entity with a self-balancing set of accounts recording cash and/or other resources, together with all related liabilities, obligations, reserves and equities which are segregated for the purpose of carrying on specific activities or attaining certain objectives in accordance with special regulations, restrictions or limitations. Fund Accounts All accounts necessary to set forth the financial operations and financial condition of a fund. Fund Balance The excess of a fund's assets over its liabilities and reserves. The City follows GASB Statement No. 54, Fund Balance Reporting and Governmental Fund Type Definitions which requires that governmental fund financial statements present fund balances based on classifications that comprise a hierarchy that is based primarily on the extent to which the City is bound to honor constraints on the specific purposes for which amounts in the respective governmental funds can be spent. The classifications used in the governmental fund financial statements are as follows: Nonspendable: This classification includes amounts that cannot be spent because they are either (a) not in spendable form or (b) are legally or contractually required to be maintained intact. "Not in spendable form" includes items that are not expected to be converted to cash (such as inventories and prepaid amounts) and items such as long- term amount of loans and notes receivable, as well as property acquired for resale. The corpus (or principal) of a permanent fund is an example of an amount that is legally or contractually required to be maintained intact. 395 Restricted: This classification includes amounts for which constraints have been placed on the use of the resources either (a) externally imposed by creditors (such as through a debt covenant), grantors, contributors, or laws or regulations of other governments, or (b) imposed by law through constitutional provisions or enabling legislation. Committed: This classification includes amounts that can be used only for the specific purposes determined by a formal action of the City Commission that can, by adoption of an ordinance prior to the end of the fiscal year, commit fund balance. Once adopted, the limitation imposed by the ordinance remains in place until a similar action is taken (the adoption of another ordinance) to remove or revise the limitation. Resources accumulated pursuant to stabilization arrangements are reported in this category. Assigned: This classification includes amounts that are constrained by the City's intent to be used for a specific purpose but are neither restricted nor committed. The City Commission has by resolution authorized the City Manager to assign fund balance. The City Commission may also assign fund balance as it does when appropriating fund balance to cover a gap between estimated revenue and appropriations in the subsequent year's budget. Unlike commitments, assignments generally can only exist temporarily. In other words, an additional action does not normally have to be taken for the removal of an assignment. Conversely, as discussed above, an additional action is essential to either remove or revise a commitment. Unassigned: This classification includes the residual fund balance for the General Fund. This classification represents fund balance that has not been assigned to other funds and that has not been restricted, committed, or assigned to specific purposes within the General Fund. Unassigned fund balance may also include negative balances for any governmental fund if expenditures exceed amounts restricted, committed or assigned for those specific purposes. -G- GAAP- Generally Accepted Accounting Principles General Fund The fund that is available for any legal authorized purpose and which is therefore used to account for all revenues and all activities except those required to be accounted for in another fund. Note: The General Fund is used to finance the City's ordinary operations GIS-Geographic Information System 396 Goal A statement of broad direction, purpose or intent based on the needs of the community. A goal is general and timeless; that is, it is not concerned with a specific achievement in a given period. Government Finance Officers Association ("GFOA") Organization that provides education, best practices and award recognition for governments. Governmental Accounting Standards Board ("GASB") Issue accounting pronouncements. Grant A contribution by one (1) governmental unit to another. The contribution is usually made to aid in the support of a specified function (e.g., education), but is sometimes also made for general purposes. -H- Heating,Ventilation and Air Conditioning ("HVAC") Referenced in Capital Projects when these need replacing. -I- Income This term is used in accounting for governmental enterprises and represents the excess of the revenues earned over the expenses incurred in carrying on particular phases of an enterprise's activities. As indicated elsewhere, the excess of the total revenues over the total expenses of the utility for a particular accounting period is called "net income". Infrastructure Public domain fixed assets including roads, bridges, curbs, gutters, sidewalks, drainage systems, lighting systems and other items that have value only to the City. Interest Income Revenue generated through the investment of fund balances. Interfund Transfers Administrative fees charged to other City funds for the provision of administration and other City services. 397 Intergovernmental Revenue Revenue received from or through the Federal, State or County government, including State Revenue Sharing, Alcoholic Beverage Tax, Sales Tax and Gasoline Taxes. Inventory A detailed list showing quantities, descriptions, property values, units of measure and unit prices. Note: The term is often confined to consumable supplies but may also cover fixed assets. -L- Liabilities Debts or obligations owed by one (1) entity to another entity payable in money, goods or services. -M- Mill A taxation unit equal to $1 of tax obligation for every $1,000 of assessed property value. Millage The total tax obligation per $1,000 of assessed property value. Mission Statement The statement that identifies the particular purpose and function of a department. -N- Net Position Excess of the City's assets and deferred outflows over its liabilities. Non-Departmental Activities, revenues and expenditures that are not assigned to a department. NPDES- National Pollutant Discharge Elimination System -O- Objective Something to be accomplished in specific, well-defined and measurable terms and that is achievable within a specific time frame. 398 Operating Budget A budget for general revenues and expenditures such as salaries, utilities and supplies. Ordinance A formal legislative enactment by the City Commission. -P- Pay-as-You-Go Financing A method of paying for capital projects that relies on current tax and grant revenues rather than on debt. Performance Budget A budget wherein expenditures are based primarily upon measurable performance of activities and work programs. Performance Workload Indicators Data collected to determine the amount of work completed. Performance Measures Data collected to determine how effective and/or efficient a program is in achieving its goals and objectives. Police Education Fund A special revenue fund used to account for revenues pursuant to Florida Statute 943.25 which allows municipalities to collect two dollars ($2.00) from each traffic citation for the purpose of criminal justice education and training for police officers. Police Off-duty Services Fund A special revenue fund used to account for revenues and expenditures associated with services provided by off-duty police officers in private customer details to the various businesses and condominium associations. This fund was dissolved during FY 2022/23 and combined with and accounted for currently in the General Fund. Property Tax A tax levied on the assessed value of real and personal property. This tax is also known as ad valorem tax. Proprietary Fund Enterprise and internal service funds that are similar to corporate funds, in that they are related to assets, liabilities, equities, revenues, expenses and transfers determined by 399 business or quasi-business activities. Note: The Stormwater Utility Fund is an example of this type of fund. PT- Part Time -R- Reserves The City's current year budgeted funds that are not planned to be expended. These reserves may"carryover" into the available fund balance of subsequent years. Resolution A legislative act by the City Commission with less legal formality than an ordinance. Revenues Increases in governmental fund type net current assets from other than expenditure refunds and residual equity transfers. Rolled-Back Rate The operating millage rate required to raise the same ad valorem tax revenues as were levied in a prior year, exclusive of new construction, additions to structures, deletions and property added (e.g., annexations). -S- Sales Tax Tax imposed on the purchase of goods and services. Special Revenue Fund A fund used to account for the proceeds of specific revenue sources that are legally restricted to expenditure for specified purposes. Stormwater Utility Fund This fund is used to account for revenues and expenditures specifically earmarked for the construction and maintenance of the City's stormwater drainage system. -T- Taxable Assessed Value("TAV") The assessed value less homestead and other exemptions, if applicable. 400 Taxes Compulsory charges levied by a government for the purpose of financing services performed for the common benefit. This term does not include specific charges made against particular persons or property for current or permanent benefits such as special assessments. Transportation and Street Maintenance Fund A special revenue fund to account for restricted revenues and expenditures which by Florida Statutes are designated for street maintenance and construction costs. Trust and Agency Funds These funds are used to account for assets held by the City in a trustee capacity or as an agent for individuals, private organizations, other governments and/or other funds. Truth in Millage("TRIM") The Florida Truth in Millage Act ("TRIM") serves to formalize the property tax levying process by requiring a specific method of tax rate calculation form of notice, public hearing requirements and advertisement specifications prior to the adoption of a budget tax rate. The effect of TRIM is to inform taxpayers that their property taxes are changing (up or down), the cause (a change in the assessed value of their property and/or an increase in the proposed spending level) and how the proposed new tax rate compares to the rate that would generate the same property tax dollars as the current year (the "rolled-back" rate). -U- Unencumbered The portion of an allotment not yet expended or encumbered. Useful Life The period of time that a fixed asset is expected to operate. This can refer to a budgeted period of time for an equipment class or the actual amount of time for a particular item. User Charges or Fees The payment of a fee for direct receipt of public service by the party benefiting from the service. Utility Service Tax Taxes levied on consumer consumption of utility services provided in the City. The tax is levied as a percentage of gross receipts. 401 AVM O � 9s FLOC 19200 West Country Club Drive Aventura, Florida 33180 Phone: 305-466-8920 Fax: 305-466-8939 *7ityofaventuraxom