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HomeMy WebLinkAboutSubmittal-Budget Dept.- Exhibit A.4) CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM TO: Honorable Mayor and Members of the City Commission FROM: Arthur Noriega V. City Manager DATE: November 14, 2022 SUBJECT: Information for the FY 2021-22 Background and Summary for General Fund Amendment Year -End Budget Amendment As part of the year-end financial closing process it is customary for the Administration to present to Commission a close-out budget amendment. In accordance with Florida Statutes 166.241(7), the City may amend the budget of the previous fiscal year within 60 days of the end of that respective fiscal year. Recommendations of year-end budget amendments for departments are being proposed to address certain line -item expenditures overages and year-end capital allocations. Preliminary unaudited financial results for the Fiscal Year 2021-22 indicated the City will have an approximate $45.705 million surplus in the General Fund. The Administration is recommending that $14 million of this surplus be allocated to year-end budget amendments (listed below), and the remaining $31 million will be reserved to maintain compliance with Financial Integrity Principles (See Attachment A). Adiustments to General Fund Revenues The City's FY 2021-22 General Fund Revenue Budget is being amended to increase "Intergovernmental Revenues" ($12.475 million), the "Licenses and Permits Revenues" ($631,000), and the "Charge for Services" (16.475 million). This will result in total amended general fund revenues of $928.447 million or an increase of $29.581 million (See Attachment A). Adjustments to the General Fund Expenditures by Department In order to ensure the City maintains a balanced budget, the City's FY 2021-22 General Fund Expenditure Budget is being amended to increase expenditures by $29.581 million. The resulting total amended general fund expenditure budget will be $928.447 million (See Attachment A). The departments affected by this amendment are detailed below. City Attorney The FY 2021-22 Budget is being increased by $40,000 to appropriate funds necessary to cover higher than anticipated expenditures in the Life and Health Insurance Line Items. The resulting amended budget for the department is $11.261 million. 12675 Submittal -Budget Dept. -Exhibit A I/ti Honorable Mayor and Members of the City Commission Information for the FY 2021-22 Year -End Bud et Amendment Page 2 of 4 Building The FY 2021-22 Budget is being increased by $244,000 to appropriate funds primarily to e&er. the need for on -going support for inspections and plans reviewfrom outside consultants, and overtime for full-time and temporary staff in assisting in the alleviation of backlogged work. The resulting amended budget for the department is $23.315 million. General Services Administration (GSA) The FY 2021-22 Budget is being increased by $2.776 million to appropriate funds to primarily cover higher than anticipated expenditures for Motor Fuel ($1.280 million) and Repair & Maintenance cost ($1.533 million). These increases were associated with inflationary impact on fuel and outsourced vehicle repair cost. These expenditure increases were offset by savings realized in various other line items. The resulting amended budget for the department is $31.725 million. Solid Waste The FY 2021-22 Budget is being increased by $1.541 million to appropriate funds primarily cover increased cost of tipping fees ($893,000), life and health insurance cost allocation ($539,000), and overtime ($405,000). These expenditure increases were partially offset by savings realized in various other line items. The resulting amended budget for the department is $44.198 million. Fire -Rescue Department The FY 2021-22 Budget is being increased by $2.538 million to appropriate funds primarily to cover higher than anticipated overtime ($1.275 million), and workers' compensation expenditures ($1.253 million). The resulting amended budget for the department is $181.494 million. Police Department The FY 2021-22 Budget is being increased by $7.095 million to appropriate funds primarily to cover higher than anticipated expenditures in the fuel ($1.761 million) and overtime ($6.714 million). The expenditures in overtime were partially offset by overtime reimbursable revenue generated from paid off duty ($1.153 million). These expenditure overages were further offset by savings realized in various other line items. The resulting amended budget for the department is $294.033 million. Real Estate and Asset Management The FY 2021-22 Budget is being decreased by $1.000 million. These savings are being re -appropriated to capital to cover life safety repairs to the Miami Parking Garage #4. The resulting amended budget for the department is $15.064 million. Parks and Recreation The FY 2021-22 Budget is being increased by $2.347 million to appropriate additional funding primarily to cover over expenditure in the Other Salaries and Wages. This overage was attributed to the Living Wage Honorable Mayor and Members of the City Commission Information for the FY 2021-22 Year -End Budget Amendment Page 3 of 4 ' f adjustment adopted by the City Commission to increase City's minimum wage to $15.00 per hour fog all - G. temporary and part-time employees ($701,000). The amendment will also appropriate funds to cover higher than anticipated expenditures in the life and health Insurance cost ($586,000) and the other contractual services ($1.502 million). These expenditure overages were offset by savings realized in various other line items. The resulting amended budget for the department is $56.300 million. General Fund - Transfers -Out The FY 2021-22 Budget is being increased by $14 million to appropriate additional funding to the Capital Project Funds and the Special Revenue Funds as detailed below. The resulting amended budget for transfer -out is $93.554 million. Transfers -out to Capital Project Fund ($12.578 million) MRC parking garage structural repair and shoring, project number40-B223124 ($570,000) City Hall -2nd Floor Terrace - Tile Replacement and Exterior Repairs, project number 40- B233102 ($693,000) • Point of sale (POS) Replacement, project number 40-B223103 (Building Fund, $631,000) • Capital allocation to cover potential shortfalls ($1.266 million to each of the five commission districts to a total amount of $6.330 million) • Miami Parking Garage #4, project number40-B73504 ($3.104 million) • IT Security Assessment, project number 40-8233101 ($800,000) • Apparatus foundation floor -Fire Station #8, project number 40-B233207 ($200,000) Miami Comprehensive Plan (Evaluation Appraisal Report (EAR)) , project number 40-B233103 ($250,000) Transfers -out to Special Revenue ($1.422 million) • Year-end deficit in the E911 funds ($315,000) • Citywide Festivals and Events for Winter Wonderland ($30,000) and MLK Reclaim the Dream ($150,000) • City Match for FY 21 COPS Office Hiring Program Solicitation grant (Allocating partial funding of $427,000, the remaining balance of $1.451 million will be allocated as funds become available) • COVID-19 mental health and analysis assessment ($500,000) Adjustments to Special Revenue Funds The Special Revenue Fund is increased by $1.422 million in order to ensure a balanced budget by receiving and appropriating the transfer -out as described above. The budget changes are further described below. Adjustments of $50,000 or less will not have resolutions associated with them in accordance with Section Honorable Mayor and Members of the City Commission Information for the FY 2021-22 Year -End Budget Amendment Page 4 of 4 < 18-115 of the City Code. The resulting amended budget for the Special Revenue Fund is $357047 million (See Attachment B). General Special Revenue The FY 2021-22 Budget is being increased to provide a General Fund contribution of $500,000 for a COVID- 19 mental health and analysis assessment. The resulting amended budget for the fund is $2.704 million• Planning and Zoning Tree Trust Fund The FY 2021-22 Budget is being revised to reflect a $250,000 transfer to Capital, $200,000 for Robert King High —Trees, project number 40-B233509 ($200,000) and $50,000 for Bayfront Park, project number 40- B233508. The total budget for the fund remains the same at $5.602 million. Public Art Fund The FY 2021-22 Budget is being revised to reflect a $9,220 transfer to Capital forthe Bay of Pigs Memorial Park Improvements, project number 40-13183526. The total budget for the fund remains the same at $3.138 million. Police Services The FY 2021-22 Budget is being increased by $742,000. The increase appropriation covers a deficit in the E911 fund created by lower than anticipated intergovernmental revenues ($315,000) and a provides funding for City's grant match for the FY 21 COPS Office Hiring Program Solicitation accepted per Resolution R-22-0047 adopted by the City Commission February 10, 2022 ($427,000). The resulting amended budget for the fund is $15.248 million. Homeless Program The FY 2021-22 Budget is being decreased by $150,000. The decrease rescinds a prior appropriation from the Mayor's Anti-Proverty Initaitive approved by Resolution R-21-0514 dated December 9, 2021. The resulting amended budget for the fund is $2.407 million. Departmental Improvement Initiatives The FY 2021-22 Budget is being increased by $330,000. The increase is associated with a rescintion of a prior appropriation from the Homeless Program fund ($150,000); and a general fund contribution to Citywide Festivals and Events to support the Winter Wonderland ($30,000) and MLK Reclaim the Dream ($150,000) events. The resulting amended budget for the fund is $13.580 million. Adjustments to Debt Service Funds The FY 2021-22 Budget for the Debt Service Fund is being increased by $2.030 million. The increase is to re -appropriate prior year fund balance in the Special Obligation Bond Fund 24028 used for the third drawdown payment of the Santander Master Lease Agreement. The resulting amended budget for the Debt Service funds is $69.799 million. Attarhmwnt A General Fund Revenue Amended Budget FY 2021 22 Year to Date Actual Year to Date Variance Amendment and Allocation Value Final Budget FY 2021-22 Property Taxes $ 453,802,000 $430,656,893 -23,145,107 $453,802,000 Franchise Fees and Other Taxes 117,795,000 126.866,186 9,071,186 117,795,000 Interest 3,061,000 -1,898,842 -4,959,842 3,061,000 Transfers -In 24,541,000 27,525,900 2,984,900 24,541,000 Fines and Forfeitures 7,189.000 6,842,000 -347,000 7,189,000 Intergovernmental Revenues 88,062,000 104,627,062 16,565.062 12,475.000 100,537,000 Licenses and Permits 66,609,000 94,096,536 27,487,536 631.000 67,240,000 Other Revenues Inflows 19,081,000 6,848,295 -12,232,705 19,081,000 Charges for Services 118,726,000 141,357,280 22,631,280 16,475,000 135,201,000 Total Revenues $898,866,000 $936,921,310 $38,055,310 $29,581,000 $928,447,000 General Fund Expenditures Mayor $ 2,636,000 $ 2,562,149 73,851 $ 2,636,000 Commissioners 9.258.000 6,830,975 2,427,025 9,258.000 City Manager 5.804,000 5,308,318 495,682 5,804,000 Agenda Coordination 409,000 384,821 24,179 409,000 Independent Auditor General 1,602,000 1,525,297 76,703 1,602,000 City Attorney 11,221,000 11,260,580 -39,580 40,000 11,261,000 City Clerk 2,067,000 2,011,300 55,700 2,067,000 Civil Service 591,000 582,342 8,658 591,000 Code Compliance 9,413,000 9,124,880 288,120 9,413,000 Communications 1,628,000 1,520,138 107,862 1,628, 000 Equal Opportunity and Diversity Programs 585,000 572,754 12,246 585,000 Finance 11,757,000 11,347,200 409,800 11,757,000 Grants Administration 1,786,000 1,513.728 272,272 1.786,000 Human Resources 5,634,000 5.548.461 85,539 5.634,000 Innovation and Technology 15,051,000 14,843,357 207,643 15,051,000 Management and Budget 3,315,000 2.858.821 456,179 3.315,000 Procurement 3,215,000 3,115,554 99,446 3,215,000 Human Services 7,824,000 7,303,701 520,299 7,824,000 Building 23.071,000 23.314,994 -243,994 244,000 23.315,000 Planning 5,912,000 5,239,911 672,089 5,912,000 Zoning 4,977,000 4,688,082 288,918 4,977,000 Housing and Community Development 1,847,000 1,835,543 11,457 1,847,000 General Services Administration 28,949,000 31,724,704 -2,775,704 2,776,000 31,725,000 Resilience and Public Works 29,987,000 28,306,946 1,680,054 29,987,000 Solid Waste 42,657,000 44,197,530 -1,540,530 1,541,000 44,198,000 Capital Improvements 4.296,000 3,743,784 552,216 4,296,000 Fire -Rescue 178,956,000 181,493,352 -2,537,352 2,538.000 181,494,000 Police 286,938,000 294,032,222 -7,094,222 7,095,000 294,033,000 Real Estate and Asset Management 16,064,000 15,010,969 1,053,031 -1,000,000 15,064,000 Parks and Recreation 53,953,000 56,299,779 -2,346,779 2,347,000 56,300,000 Risk Management 3,830,000 3,489,332 340.668 3,830,000 Non -De artmental Accounts NDA 44,079,000 29.882,063 14,196,937 44.,079,000 Transfers -Out 79,554,000 79,554,000 0 14,000.005 fz7 93,5,4,000 SUBTOTAL GENERAL FUND $898,866,0001 $891 027,687 $7 838,413 $29,681 000 P $928,447,000 Internal Service Fund (188,341)1 y TOTAL GENERAL FUND $45 706,382 Attachment B Special Revenue Funds FY 2021-22 Amended Budget Close-out FY 2021-22 Final Budget General Special Revenues $ 2,204,000 $ 500,000 $ 2,704,000 Sport Facilities and Activities 13,000 $ 13,000 Planning Services 18,085,000 $ 18,085,000 Planning and Zoning Tree Trust Fund 5,602,000 $ 5,602,000 Public Art Fund 4,200,000 $ 4,200,000 Historic Preservation Trust Fund 136,000 $ 136,000 Fire Rescue Services 6,596,000 $ 6,596,000 UASI-Fire Rescue 28,502,000 $ 28,502,000 Parks and Recreation Services 3,786,000 $ 3,786,000 Police Services 14,506,000 742,000 $ 15,248,000 Law Enforcement Trust Fund 1,137,000 $ 1,137,000 Public Works Services 7,946,000 $ 7,946,000 Solid Waste Recycling Trust 85,000 $ 85,000 City Clerk Services 1,705,000 $ 1,705,000 Community and Economic Development 64,347,000 $ 64,347,000 Homeless Program 2,557,000 (150,000) $ 2,407,000 Human Services 778,000 $ 778,000 Bayfront/Riverfront Land Acquisition Rouse Trust 1,860,000 $ 1,860,000 Miami Ballpark Parking Facilities 7,253,000 $ 7,253,000 Departmental Improvement Initiatives 13,250,000 330,000 $ 13,580,000 Transportation and Transit 33,337,000 $ 33,337,000 Emergency Funds 100,000 $ 100,000 American Rescue Plan Act 137,640,000 $ 137,640,000 TOTAL SPECIAL REVENUE FUNDS $ 355,625,000 $ 1,422,000 $ 357,047,000