98-15 ORDINANCE NO. 98-15
AN ORDINANCE OF THE CITY COMMISSION OF THE
CITY OF AVENTURA, FLORIDA, AMENDING ORDINANCE
NO. 97-25, WHICH ORDINANCE ADOPTED A BUDGET
FOR THE 1997/98 FISCAL YEAR BY REVISING THE
1997/98 FISCAL YEAR OPERATING AND CAPITAL
BUDGET AS OUTLINED IN EXHIBIT "A" ATTACHED
HERETO; AUTHORIZING THE CITY MANAGER TO DO
ALL THINGS NECESSARY TO CARRY OUT THE AIMS
OF THIS ORDINANCE; 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 1997/98 Operating and Capital Budget
as set forth in Exhibit "A" attached hereto and made a pa~ 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.
Section2. The City Commission hereby authorizes the amendment of
Ordinance No. 97-25, which Ordinance adopted a budget for the 1997/98 fiscal year,
by revising the 1997/98 budget as set forth on the attached Exhibit "A", which exhibit is
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. 98-15
Page 2
Section4. Effective Date. This Ordinance shall be effective
immediately upon adoption on second reading.
The foregoing Ordinance was offered by Commissioner Beskin, who moved its
adoption on first reading. This motion was seconded by Commissioner Berger, and
upon being put to a vote, the vote was as follows:
Commissioner Arthur Berger yes
Commissioner Jay R. Beskin yes
Commissioner Harry Holzberg yes
Commissioner Jeffrey M. Perlow yes
Commissioner Patricia Rogers-Libert yes
Vice Mayor Ken Cohen yes
Mayor Arthur I. Snyder yes
Commissioner
The foregoing Ordinance was offered by Ber~;er , who moved its
o lssioner
adoption on second reading. This motion was seconded by ~esm~-n , and upon
being put to a vote, the vote was as follows:
Commissioner Arthur Berger yes
Commissioner ,lay R. Beskin yes
Commissioner Harry Holzberg yes
Commissioner Jeffrey M. Perlow yes
Commissioner Patricia Rogers-Libert yes
Vice Mayor Ken Cohen yes
Mayor Arthur I. Snyder yes
PASSED AND ADOPTED on first reading thi~5t" day of May, 1998.
ATTf,E, ST: (~ / ¢~
TERESA M. SMITH, CMC
CITY CLERK
APPrI~O~D~
AS TO LEGAL SUFFICIENCY:
2
EXHIBIT A
Budget Amendment
General Fund - 01
REVENUES
Locally Levied Taxes 1-9
314100 Utility Tax--Elect~ic 1,530,000 305,000 1,835,600
Ucenses & Permits 2-9
321100 City Occupational Licenses 418,000 33,000 451,000
Fines & Fc~rfeitures 5-9
351100 County Court Fines 35,000 73,000 108,000
Total Amendments-Revenues :::::::::::::::::::::::::::::::::::::::::
EXPENDITURES
CAPITAL BUDGET
PROJECT APPRORPIATION
80-XXX
Communit~ Services - 539
6-60-6601 8esutmcaflo. Projects 2,185,000 (300,000) 1,885,000
6-60-6609 NE 183rd Street 275,000 1,036,000 1,31t,000
6-60-6607 Lighting Impro~'ements 500,000 (325,000) t75,000
Total Amendments-Expenditures
EXHIBIT A
DEBT SERVICE FUND - 30
REVENUES
1-9-314100 Utility Tax- Electric 875,000 (305,000) 570,000
6-9-361100 interest on Investments 25,000 (20,000) 5,000
Total Amendments-Revenues i~i~ii:: iliiiiii~il
EXPENDITURES
7-70-7t30 Principal 50,000 (50,000) 0
7-707230 Interest 844,04)0 (275,000) 569,000
7-70-7240 Other Debt Service Costs $,000 0 6,000
Total Amendments-Expenditures ~..i.i.!!.iii~$i~?i