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HomeMy WebLinkAboutR-98-0870J-98-787 7/29/98 RESOLUTION N0. 9 8 - 8 r0 A RESOLUTION, WITH ATTACHMENT, APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE DEPARTMENT OF OFF-STREET PARKING, ATTACHED HERETO AND MADE A PART HEREOF, FOR FISCAL YEAR COMMENCING OCTOBER 1, 1998 AND ENDING SEPTEMBER 30, 1999, IN THE AMOUNT OF $617,535, EXCLUDING DEPRECIATION, FOR THE OPERATION OF GUSMAN CENTER FOR THE PERFORMING ARTS AND THE OLYMPIA BUILDING. WHEREAS, Ordinance No. 8435, adopted July 31, 1975, authorized the Off -Street Parking Board of the City of Miami to administer the facility now known as Gusman Center for the Performing Arts and the Olympia Office Building (the "Facility"); and WHEREAS, a budget is required to properly administer the Facility; and WHEREAS, a budget has been prepared by the Department of Off -Street Parking and subsequently reviewed by the Off -Street Parking Board ("OSPB"); and WHEREAS, said proposed budget has been deemed acceptable by OSPB for the operation of said Facility for Fiscal Year 1998-1999; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY IATTACHMENT (S)I CONTAINED an BOOM PUMMM Cr SEP 0 S R"Olutim Na 98- 870 OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are hereby adopted by reference thereto and incorporated herein as if fully set forth in this Section. Section 2. The Annual Budget of the Department of Off -Street Parking, attached hereto and made a part hereof, for Fiscal Year commencing October 1, 1998 and ending September 30, 1999, in the amount of $617,535, excluding depreciation, is hereby approved and adopted to provide for the operation of Gusman Center for the Performing Arts and the Olympia Building. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.1/ PASSED AND ADOPTED this 8th day of September , 1998. ATTEST: In accordance with Miami Code al of this legislation by signing it in the desigiamd �Xf �b�ritleA�dK egislation now becomes effective with the elapse of ten (10) days from the date of Commission tion regarding same, without the Mayor exercising a, WALTER J . FOEMAN, CITY CLERK Walter J. Clty Clerk CTNESS:V i CIfTY ATTORNEY C--W2806:BSS:kc 1� 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. - 2 - 98- 870 GUSMAN a OLYMPIA ENTERPRISE FUND FISCAL YEAR ME " BUDGET 97196 97196 98M Approved Est/Act Requested Comments Revenue Olympia 125,000 125,000 125,000 Annual lease from Cornerstone (apartments 8 retail) Rental 150,000 147.000 175.000 125 events x $1395 Concessions 30,000 18.000 20,000 Equipment 25,000 12.000 15,000 Gusman Produced 0 Ticket Commissions 2,000 1.000 1,000 Non-Gusman events sold thru boxof5ce Ticket Service Charges 100,000 40.000 50,000 3.751ticket sold thru box office Front of House 40,000 46.000 40,000 Miscellaneous 3,000 1.000 1.000 Forfeitures 0 5,600 Season Grants 10,500 10,500 9,925 Dade County Tourist Tax Grant Contributions 0 Total 485.500 406,100 436,925 Expenses Salaries 237,754 170.404 242,488 Exernpt(4 f1t)=$162,373 Nonexempt(? plt)=580,115 Benefits 45,471 29,567 29,622 Maint - Prop 4,000 7.300 5,000 Maint - Elev Maint - A/C 6,000 5.000 5,000 Maint-Computer 1,000 800 1,000 Maint - Alarm 4,000 2,000 0 1 st year under warrenty Repairs - Equip 10,000 10.000 10,000 Cleaning - Hskpg 16.500 10,000 15.000 Tools 8 Supplies 3.500 3.000 3,500 Clothing Signs Maint - Other 30.000 20,000 20,000 Backstage security 2,000 2.400 2,000 Telephone 10,000 5.000 5,000 Based on current bins light a Power 65,000 64,000 65,000 Based on current bills Water Sz000 45,000 45,000 Based on current bills Ins - W/C 5.000 5,000 5,000 Same as 97/98 Insurance 69,000 80.000 80.000 Equip Rentals 7,000 4,000 4,000 Production Costs 10,500 10,500 9.925 Gusrnan programming (see Revenue "Season Grants") Audit Fees 16,000 10.000 10,000 Consultants 20.000 20,000 20,000 Accountant Bank Charges 3,8W 3,700 3,800 Postage/Courier 4,000 1,500 2A00 Printing 4,000 2,000 4,000 Office Supplies 3.000 1,700 2,000 Computer Supplies 2,000 300 1.000 Special Asses. 0 200 200 Licenses 2.000 1,700 2,000 Special Services 8,000 1,000 Mgt Fee 0 Bus. SvcalEntertain 2,000 0 1,000 Travel Z500 0 Z500 Business Dev. 1,500 1,500 Publications 1,000 800 1,000 Membership Fees 2,000 1,800 2,000 Promotions 3.000 1,500 6,000 Brochure Public Relations Advertising 30,000 3.000 10.000 Total 675,525 530.171 617.535 ProfW(Loss) (190,025) (124,071) (180.610) City of Miami contribution TO: Honorable Mayor and Members of the City Commission City of Miami FROM: Clark Cook Executive Director Miami Parking System 52 DATE-: July 16, 1998 SUBJECT: Gusman & Olympia Enterprise Fund Budget Approval FY 98/99 Enclosed is the budget for the Gusman & Olympia Enterprise Fund for fiscal year 1998/99. This budget was approved by the Off -Street Parking Board at its meeting of June 2, 1998. We respectfully request your approval of this budget at your meeting scheduled for September 8, 1998. CC:gtc Enclosure cc: Albert Manduca Beverly Solomon David Willis G&OBW98 98- 870 CITY MANAGERS0IFPGE- TO: Donald H. Warshaw, City Manager DATE-: J'9*JjL6201AN#':53 City of Miami FROM: Clark Cook Executive Director Miami Parking System SUBJECT: Gusman & Olympia 6 Enterprise Fund �� Budget Approval (V4 FY 1998/1999 Enclosed is the budget for the Gusman & Olympia Enterprise Fund for fiscal year 1998/99. This budget was approved by the Off - Street Parking Board at its meeting of June 2, 1998. Please place approval of this budget by the City Commission on the agenda for September 8, 1998. The budgeted deficit is $180,610. I have also attached the original of a memorandum to the Mayor and City Commissioners requesting their approval of the budget and a draft of the Commission Resolution. GAL CC:gtc Enclosures cc: Albert Manduca Dipak Parekh J. L. Plummer Beverly Solomon Alejandro Vilarello David L. Willis G&098Bud 98- 870