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HomeMy WebLinkAboutR-97-0488J-97-371 07/02/97 RESOLUTION NO. 9 7_ 488 A RESOLUTION AUTHORIZING THE ACCEPTANCE OF THE PROPOSED BUDGET, WITH PROPOSED EXPENDITURES AND REVENUES AS HEREIN SPECIFIED, FOR THE CITY OF MIAMI, FLORIDA, FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1997 AND ENDING SEPTEMBER 30,1998; INSTRUCTING THE CITY MANAGER TO SUBMIT SAID PROPOSED BUDGET TO THE FINANCIAL EMERGENCY OVERSIGHT BOARD. WHEREAS, the Charter of the City of Miami requires the City Commission to approve a budget estimate of the expenditures and revenues of all departments, divisions, and offices; and WHEREAS, in December 1996 the City Commission entered into an Intergovernmental Cooperation Agreement with the Governor and the Financial Emergency Oversight Board; and WHEREAS, said Intergovernmental Agreement requires the City Commission to approve by vote and submit in writing a proposed budget for the upcoming fiscal year; 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 hereby adopted by reference thereto and incorporated herein as if fully set forth in this Section. ATTACHAENT(S) CONTAINED ,p CITY COMMISSION MEETING OF J U L 10 1997 Resolution No. 9'7- 488 ' ' Section 2. The following expenditure estimates are approved for the Fiscal Year ending September 30, 1998: j Estimated i 1997-1998 GENERAL FUND Mayor $ 368,1.09 Board of Commissioners 680,704 Office of the City Manager 1,603,907 Office of Budget and Management Analysis 2,257,482 Office of the City Clerk 760,461 Office of Civil Service 31.4,534 Office of Community Information 279,487 Office of Equal Opportunity/Diversity Programs 282,030 Office of the Hearing Boards 543,499 Office of Professional Compliance 226,323 Building and Zoning 4,975,467 Conferences, Conventions, and Public Facilities 4,915,457 Finance 4,020,1.32 Fire - Rescue 55,648,792 Human Resources 1,805,306 Information Technology 5,206,254 Internal Audits and Reviews 861,443 Labor Relations 567,122 Law 3,477,147 Parks and Recreation 11,688,297 Planning and Development; 3,812,131 Police 108,640,517 Public Works 1.1,953,598 Purchasing 1,281.,629 Miami Springs Golf Course 674,375 Solid Waste 23,300,303 Non -Departmental Accounts 35,464,369 Total General Fund $ 285,608,875 General Obligation Bonds 20,337,898 Total General Operating Appropriations $ 305,946,773 DEBT SERVICE FUND Debt Service $ 32,620,812 2 97- 488 4 Estimated 1997-1998 SPECIAL REVENUE FUND Community Development Block Grant $ 13,106,000 Downtown Development Supplemental Fee 18,000 E-911 Emergency System 1,214,085 Environmental Storm Sewer Water Fund 9,000,000 Housing Conservation 17,865,125 Impact Fee Administration 18,000 Law Enforcement Training Fund i 103,000 Local Option Gas Tax 6,862,000 Metro -Dade Tourist Bed Tax -0- Miami Convention Center 4,498,61.3 Neighborhood Enhancement Teams 4,740,006 Overtown Neighborhood Partnerships 8,941 Rescue Services 2,452,455 Utility Service Tax Special Revenue Fund 33,712,785 Fire and Police State Insurance Proceeds* 7,303,000 Law Enforcement Grants* -0- Parks - Developmentally Disabled* 268,315 Recreation Activity Consolidated* 402,174 Total Special Revenue Fund $ 101,572,499 TRUST AND AGENCY FUNDS Pension $ -0- Community Redevelopment Agency 912,408 OMNI Tax Increment District 849,217 SEOPW Redevelopment Trust Fund 667,514 Total Trust Fund & Agency Funds $ 2,429,139 *AUTHORITIES/OTHER AGENCIES Downtown Development Authority $ 1,375,000 Department of Off -Street Parking 9,131,639 Miami Sports and Exhibition Authority 150,000 Bayfront Park Management Trust 4,049,940 Total Other Agencies $ 14,706,579 * For Information Purposes Only 3 97 - 488 i4.. yt.rw..jl i. Section 3. The following revenue estimates are approved for the Fiscal Year ending September 30, 1998: Estimated FUND 1997-98 GENERAL Taxes $ 125,525,725 Licenses and Permits 8,564,329 Inter -governmental Revenues 37,1.03,560 Charges for Services 51,726,575 Fines and Forfeits 3,351,713 Miscellaneous Revenues 14,571,827 Non -revenues 49,805,052 Total $ 290,648,781 GENERAL OBLIGATION BONDS Ad Valorem Requirements $ 20,134,519 Delinquent Taxes 203,379 Total $ 20,337,898 TOTAL CITY GENERAL OPERATING REVENUES $ 310,986,679 DEBT SERVICE $ 32,620,81.2 SPECIAL REVENUE $ 101,572,499 TRUST AND AGENCY $ 2,429,139 AUTH./OTHER AGENCIES* $ 14, 706, 579 * For information purposes only Section 4. The Commission of the City of Miami, pursuant to the Intergovernmental Cooperation Agreement entered into on December 20, 1996 by and among the City of Miami, the Governor and the Financial Emergency Oversight Board, hereby approves the 4 97- 488 :}2Z{y.'' 'w pA proposed budget estimate for the upcoming fiscal year commencing on October 1, 1997. Section 5. The City Commission hereby authorizes the City Manager to submit said proposed budget estimate to the Financial Emergency Oversight Board. Section 6. This Resolution shall become effective immediately upon its adoption. PASSED AND ADOPTED this 10th day of JILLy, 1997. L JOE CAROftO, YOR A E L ALTER J. O MAN, CITY CLERK BUDGETARY R IE AND APPROVAL: DIPAK M. PAkKH, DIRECTOR OFFICE OF BUDGET AND MANAGEMENT ANALYSIS PREPARED AND APPROVED BY: i RAFAEL O. DIA DEPUTY CITY TTORNEY APPROVED AS TO FORM AND CORRECTNESS: A.' QUIM J CITY ATTbF W1709:BSS: a" 5 97 488 11 TO: Honorable Mayor acid Members of the City Commission FROM: Edward ez City Manage RECOMMENDATION: CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM DATE : JUL - 1 1997 FILE : SUBJECT: Resolution Approving the Proposed Fiscal Year 1997-98 Budget REFERENCES: ENCLOSURES: It is respectfully recommended that the City Commission adopt the attached Resolution accepting the proposed annual budget for Fiscal Year 1997-98. The Intergovernmental Cooperation Agreement requires that the City shall approve by vote of the City Commission the Proposed Budget for the upcoming year. BACKGROUND: In early May, the City Commission approved the five-year financial plan which was subsequently approved by the Financial Emergency Oversight Board. Through previous discussions and action, the Commission endorsed the basic parameters of next year's budget as contained within the five- year plan. As detailed in the Intergovernmental Cooperation Agreement, the proposed budget will then be submitted by July 15`h to the Oversight Board which must approve or reject it within twenty (20) days. Thereafter, the final budget will be prepared for your review. In September, the City Commission will conduct the two public hearings on the proposed appropriation ordinance as required by City Charter, and the State Statutes. 97~ 488 1