HomeMy WebLinkAboutAgenda Item Summary FormC,AN UF..4y
AGENDA ITEM SUMMARY FORM
File ID: #12470
Date: 08/18/2022 Requesting Department: Office of
Management and Budget
Commission Meeting Date: 09/10/2022 Sponsored By:
District Impacted: All
Type: Resolution
Subject: Approve FY 2022-23 Multi Year Capital Plan
Purpose of Item:
To approve the City of Miami's "Fiscal Year 2022-23 Multi -Year Capital Plan" as
required by the Community Planning Act, more particularly, Sections 163.3161 and
163.3177, Florida Statutes (2021), and pursuant to Chapter 18/Article IX/Divisions 1 and
2 of the Code of the City of Miami, Florida, as amended ("City Code"), entitled
"Financial/Financial Policies/Anti-Deficiency Act/Financial Integrity Principles".
Background of Item:
The Office of Capital Improvements is tasked with the responsibility to execute capital
improvement projects. The Office of Management and Budget is tasked with the
responsibility of preparing and presenting the Capital Plan. Pursuant to Chapter
18/Article IX/Divisions 1 and 2 of the City Code, entitled "Financial/Financial
Policies/Anti-Deficiency Act/Financial Integrity Principles," the City is required to prepare
a capital plan detailing improvements needed to support City services. The proposed
capital plan identifies $3.718 billion in projects ($981.470 million funded, $291.590
million partially funded, and $2.445 billion unfunded) for the Fiscal Year plus five
additional years. The six year plan includes 762 active projects. During the current
Fiscal Year new capital appropriations totaling $48.292 million will be used to fund 44
projects as detailed in the capital plan.
Budget Impact Analysis
Item is Related to Revenue
Item is an Expenditure
Item is NOT funded by Bonds
Total Fiscal Impact:
$981.470 million with $48.292 million newly appropriated
CIP Project No: various
Reviewed By
Office of Management and Budget
Marie Gouin
Department Head Review
Completed
08/19/2022 12:11 PM
City Manager's Office
Larry M. Spring
Assistant City Manager Review
Completed
08/22/2022 2:47 PM
City Manager's Office
Arthur Noriega V
City Manager Review
Completed
08/23/2022 8:56 AM
Legislative Division
Valentin J Alvarez
Legislative Division Review
Completed
08/29/2022 3:14 PM
Office of the City Attorney
Richard Appleton
ACA Review
Completed
08/29/2022 6:53 PM
Office of the City Attorney
Victoria Mendez
Approved Form and Correctness
Completed
08/29/2022 7:00 PM
City Commission Nicole Ewan Meeting Completed 09/10/2022 10:00 AM
Office of the Mayor Mayor's Office Signed by the Mayor Completed 09/12/2022 1:38 PM
Office of the City Clerk City Clerk's Office Signed and Attested by the City Clerk Completed 09/12/2022 1:44 PM
Office of the City Clerk City Clerk's Office Rendered Completed 09/12/2022 1:44 PM
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11 °° Legislation 3500 Pan American Drive
g Miami, FL 33133
Resolution www.miamigov.com
Enactment Number: R-22-0321
File Number: 12470 Final Action Date:9/10/2022
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING THE CITY OF MIAMI'S ("CITY") FISCAL YEAR 2022-23 MULTI -YEAR
CAPITAL PLAN ("PLAN"), AS REQUIRED PURSUANT TO THE COMMUNITY
PLANNING ACT, SPECIFICALLY SECTIONS 163.3161 AND 163.3177, FLORIDA
STATUTES (2022), AND CHAPTER 18/ ARTICLE IX/ DIVISIONS 1 AND 2 OF THE
CODE OF THE CITY OF MIAMI, FLORIDA, AS AMENDED, TITLED "FINANCIAL/
FINANCIAL POLICIES/ ANTI -DEFICIENCY ACT/ FINANCIAL INTEGRITY
PRINCIPLES," TO SET FORTH THE CITY'S FISCAL NEEDS FOR CAPITAL
IMPROVEMENTS, SUBJECT TO AN ANNUAL PLAN REVIEW, TO DETERMINE
PROJECT PRIORITIES, TO ADD NEW CAPITAL PROJECTS, AND TO MODIFY
FUNDING ALLOCATIONS AS NECESSARY; PROVIDING FOR INCORPORATION OF
SUBSEQUENT AMENDMENTS TO THE PLAN; AND PROVIDING FOR AN
EFFECTIVE DATE.
WHEREAS, a capital improvement programming process to support the Miami
Neighborhood Comprehensive Plan is required pursuant to the Community Planning
Act, specifically, Sections 163.3161 and 163.3177, Florida Statutes (2022), and Chapter
18/Article IX/Divisions 1 and 2 of the Code of the City of Miami, Florida, as amended,
titled "Finance/Financial Policies/Anti-Deficiency Act/Financial Integrity Principles"
(collectively, "Laws"); and
WHEREAS, the City of Miami's ("City") Fiscal Year ("FY") 2022-23 Proposed
Multi -Year Capital Plan as presented to the City Commission, filed with the City Clerk,
and posted on the City's website on July 26, 2022 incorporates the FY 2021-22 Multi -
Year Capital Plan set forth in Resolution No. R-21-0353 adopted September 13, 2021,
as subsequently amended, including on October 1, 2021 pursuant to Resolution No. R-
21-0408, on November 18, 2021 pursuant to Resolution No. R-21-0459, and on March
24, 2022 pursuant to Resolution No. R-22-0130 (collectively, "Proposed Plan"); and
WHEREAS, during the current FY,
million will be used to fund 44 projects
incorporated; and
new capital appropriations totaling $48.292
as detailed in Exhibit 'A" attached and
WHEREAS, the Proposed Plan is a policy and management tool to plan
municipal borrowing and indebtedness over a period of time, to establish annual
expenditures within a framework of long-range fiscal requirements, and to serve as an
official statement of the City's development plans; and
WHEREAS, the Proposed Plan shall incorporate all amendments thereto;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY
OF MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution
are adopted by reference and incorporated as if fully set forth in this Section.
Section 2. The Proposed Plan as presented to the City Commission, filed with
the City Clerk, and posted on the City's website on July 26, 2022 is approved as
required pursuant to the Laws to set forth the City's fiscal needs for capital
improvements, subject to an annual plan review, to determine project priorities, to add
new capital projects, and to modify funding allocations as necessary.
Section 3. This Resolution shall become effective immediately upon its adoption
and signature of the Mayor.'
APPROVED AS TO FORM AND CORRECTNESS:
&ina8/2912022.
' If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days from
the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective
immediately upon override of the veto by the City Commission.