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2006-10 ORDINANCE NO. 2006-10 AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AMENDING ORDINANCE NO. 2005-13 WHICH ORDINANCE ADOPTED A BUDGET FOR THE 2005/2006 FISCAL YEAR BY REVISING THE 2005/2006 FISCAL YEAR OPERATING AND CAPITAL BUDGET AS OUTLINED IN EXHIBIT "An ATTACHED HERETO; AUTHORIZING THE CITY MANAGER TO DO ALL THINGS NECESSARY TO CARRY OUT THE AIMS OF THIS ORDINANCE; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, upon the periodic review and analysis of current budgetary commitments and obligations, and based upon the projected needs and requirements of the City and upon the recommendations of the City Manager (and the concurrence of the Finance Support Services Director as to Accounting Principles), it is deemed necessary to adjust, amend and implement the 2005/2006 Operating and Capital Budget as set forth in Exhibit "A" attached hereto and made a part hereof. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AS FOLLOWS: Section 1. The recitals contained in the preamble to this Ordinance are incorporated by reference herein. Section 2. The City Commission hereby authorizes the amendment of Ordinance No. 2005-13, which Ordinance adopted a budget for the 2005/2006 fiscal year, by revising the 2005/2006 budget as set forth on the attached Exhibit "A" which exhibits are deemed incorporated by reference as though set forth in full herein. Section 3. The City Manager is hereby authorized to do all things necessary to carry out the aims of this Ordinance. Ordinance No. 2006-10 Page 2 Section 4. Effective Date. This Ordinance shall be effective immediately upon adoption on second reading. The foregoing Ordinance was offered by Commissioner Joel, who moved its adoption on first reading. This motion was seconded by Commissioner Holzberg, and upon being put to a vote, the vote was as follows: Commissioner Zev Auerbach yes Commissioner Bob Diamond yes Commissioner Harry Holzberg yes Commissioner Billy Joel yes Commissioner Michael Stern yes Vice Mayor Luz Urbaez Weinberg yes Mayor Susan Gottlieb yes The foregoing Ordinance was offered by Commissioner Holzberg, who moved its adoption on second reading. This motion was seconded by Commissioner Joel, and upon being put to a vote, the vote was as follows: Commissioner Zev Auerbach yes Commissioner Bob Diamond yes Commissioner Harry Holzberg yes Commissioner Billy Joel yes Commissioner Michael Stern yes Vice Mayor Luz Urbaez Weinberg yes Mayor Susan Gottlieb yes PASSED AND ADOPTED on first reading this 11th day of July, 2006. 2 Ordinance No. 2006-10 Page 3 PASSED AND ADOPTED on second reading this 20th day of July, 2006. 3 EXHIBIT A Amendments REVENUE PROJECTIONS Non-revenue 3999000 Carryover $ 10,014,456 894,145 10,908,601 SUBTOTAL $ 10,014,456 $ 894,145 $ 10,908,601 Charter School 60-569 6307 Charter School Construction 0 180,743 180,743 SUBTOTAL $ $ 180,743 $ 180,743 Non-Deoartmental -90- 590 6999 Capital Reserve 10,334,562 713,402 11,047,964 SUBTOTAL $ 10,334,562 $ 713,402 $ 11,047,964 -""~_li'r_'~--~3_.ill.DJllilrTIJiPJIIlIIll<lIIIll ~fJIT."'l4il!-""''''&~'''lw'~1'11rl:~''';'~;;;Yli'TT;)ii "B4~i!m:~~$Y0 .Jli....,' ',", . .".~ . ~ M "~~."W#!@M#,i;~~WMtWfziJ13fGki%1:ii\2t~')0;i#,nR>,,% REVENUE PROJECTIONS 3999000 Carryover 0 SUBTOTAL $ $ EXPENDITURES 9001 Charter School 60-569 6307 Charter School Construction 0 SUBTOTAL $ $ 3,621 3,621 $ 3,621 3,621 3,621 3,621 $ 3,621 3,621 -, '< .- ','--, "m':i__lDIli1i11m <lJ]llll].;;W'$%IY~li""'~_ti't,Jlj$-;-'r'fTT!'f;T'Il ~~~_" IIL"~ , ' ~~~~ITr~'1&,*'\&tre.W'"'&;t'*;m~Jf:~\,~"",w",. REVENUE PROJECTIONS 3999000 Carryover 0 151,560 151,560 SUBTOTAL $ $ 151,560 $ 151,560 EXPENDITURES 9001 Charter School 60-569 6307 Charter School Construction 0 151,560 151,560 SUBTOTAL $ $ 151,560 $ 151,560