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HomeMy WebLinkAboutR-95-0665J-95-1040 9/14/95 RESOLUTION NO. 9 5` 665 A RESOLUTION, WITH ATTACHMENT (S), APPROVING THE MIAMI SPORTS AND EXHIBITION AUTHORITY PROPOSED OPERATING BUDGET FOR YEAR ENDING SEPTEMBER 30, 1996, ATTACHED HERETO AND INCORPORATED HEREIN. WHEREAS, City Code provisions require that the Miami Sports and Exhibition Authority ("MSEA") establish a fiscal year coinciding with that of the City of Miami, and that the Operating Budget be submitted for appropriate consideration by the City Commission; and WHEREAS, on July 29, 1995, MSEA approved its 1995-1996 Fiscal Operating Budget; and WHEREAS, the proposed budget, attached hereto, identifies categories for compensation and benefits, administrative, professional and consultant services, and capital expenditures totaling $1,107,212; and WHEREAS, the categories reflected in the projected budget comply with the required mandates which were established to facilitate the development of public facilities necessary for the expansion and promotion of professional and international sports, convention and exhibition related activities, and other events which contribute to economic and social growth in the City of Miami, with the appropriate portion of Convention Development ;CITY COMMISSION MEETING OF S E P 1 4 1qq9 Resolution No. 95- 665 Tax receipts and other authority revenues being used to satisfy the demands of said Budget; and WHEREAS, the total Fiscal Year 1995-96 Proposed Operating i Budget totals $1,107,212 which is a $180,536 reduction from the Iprevious 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. Section 2. The Miami Sports and Exhibition Authority Proposed Operating Budget for Year Ending September 30, 1996, attached hereto and incorporated herein, is hereby approved. Section 3. This Resolution shall become effective immediately upon its adoption. PASSED AND ADOPTED this 14th day of September 1995. loop ATTEST: STEPHEN P. 4,ARK, MAYOR WALTER ".dEftM, CITY CLERK APPROVED AS TO FORM AND CORRECTNESS: - 2 - 95- 665 60 (! Z.O. /■�• ■6a11 i■l ' i port an emhibition authority MEMORANDUM TO: CESAR H. ODIO CITY MANAGER FROM: VICTOR H. DE YURRE CITY COMMISSIONER DATE: AUGUST 11, 1995 RE: MIAMI SPORTS AND EXHIBMON AUTHORITY BUDGET Enclosed please find a copy of the Miami Sports and Exhibition Authority's proposed 1995-1996 operating budget. I would like for this item to be placed on the September 14 commission agenda for discussion and approval. 80 '01I FIN U 5nti S6 L I! is IM Rirr 1%,nn Rni iln­.,J 14 ('.,ti.. Inn I_ .. e_1 v 60`1 MEMORANDUM TO: Honorable Mayor and Members of the City Commission FROM: William R. Perry, III Executive Director DATE: August 7, 1995 RE: Miami Sports and Exhibition Authority Fiscal Year 1995-96 ProWsed Administrative Budget. 00V I LVJ•�►� It is respectfully recommended that the City Commission adopt the attached resolution approving the Fiscal Year 1995-96 Proposed Miami Sports and Exhibition Authority Administrative Budget pursuant to Section 52.6-10 of the City Ordinance. 1:MX*1 &CP&91jj1k'1) The Miami Sports and Exhibition Authority Administrative Budget is funded from certain allocated proceeds of the Convention Development Tax, levied pursuant to Florida Statute 212.0305, and other Authority revenues. Section 52.6-10 of the City of Miami Ordinance creating the Miami Sports and Exhibition Authority requires that a) the City Commission on an annual basis approve the Miami Sports and Exhibition Authority Administrative Budget and b) that the Authority establish a fiscal year coinciding with that of the City of Miami. At its meeting on July 29, 1995, the Miami Sports and Exhibition Authority adopted a Proposed Fiscal Year 1995-96 Administrative Budget which is attached hereto for your review. This budget identifies the requirements for compensation and benefits, administration, professional and consultant services, and capital expenditures for the operations of the Authority. 13 August 7, 1995 Honorable Mayor and Members of the City Commission Page 2 y Actual expenditures are monitored on a monthly basis pursuant to Chapter 52.6-5 of the Authority Ordinance. The Executive Director is required to report on a monthly basis to the Authority and prepare a statement of current and year to date expenditures in comparison to budget. In addition, a national accounting firm will be retained to provide a complete fiscal year 1995-96 audit pursuant to Section 52.6-11 of the Miami Sports and Exhibition Authority Ordinance. The fiscal year 1995-96 budget has been reduced by $180,536. This reduction is due to the elimination of the Latin American/Caribbean convention sales project and the Mayoral Conference line item. In addition, the contingency line item was substantially reduced and a freeze was placed on staff salaries. The accompanying notes to the proposed budget more fully explain in detail the changes and their respective impact on the budget. Although this budget reflects the best available information regarding administrative responsibilities and program development, a supplemental budget will be submitted for Miami Sports and Exhibition Authority and City Commission approval if future administrative or operational needs require. 13 95-- 665 MIAMI SPORTS AND EXHIBITION AUTHORITY PROPOSED OPERATING BUDGET FOR THE YEAR ENDING SEPTEMBER 30, 1996 ::ADAPTED.; ;PROPOSED >BUDGEf BUDGET :ITEWDESCRIPT6W . `FY 1994-1995' •FY 1995-1996 <'S'CH I. COMPENSATION & BENEFITS: Compensation: Executive Director 8, CEO 90.000 90,000 0 Deputy Director 63,000 63.000 0 Finance Director 55,000 55,000 0 Executive Assistant 36,314 36.314 0 Convention Safes Mgr. 36,500 36,500 0 Secretary/Receptionist 18.900 18,900 0 299,714 299,714 0 Payroll Taxes & Benefits: Group Insurance 52,500 42,000 (10,500 FICA/Medicare Contribution 20,957 20,957 0 Retirement Plan 23,977 23,977 0 97,434 86,934 (10,500 TOTAL COMPENSATION & BENEFITS 397.148 386.648 (10.500 11. ADMINISTRATION Auto Transportation/Parking 10,000 10.000 0 Business Meeting Expenses 20,000 12,000 (8,000 Business Travel 50,000 20,000 (30,000 Conference Registration 10,000 10,000 0 Contingencies 166.313 100,000 (66,313' Courier/Delivery 7,000 2,500 (4,500 Event Sponsorship 35,000 30,000 (5,000 General Insurance 10,000 10,000 0 Memberships/Subscriptions 5,500 5,500 0 Office Equipment Rental/Maintenance 6,500 6,500 0 Office Rent 28.987 33.264 4,277 Office Supplies 4,500 4,500 0 Postage 4.500 1.000 (3,500 Printing 10,000 2,200 (7,800 Promotions/Marketing 25,000 10,000 (15.000 Staff Parking 4,500 4,500 0 Telephone 19,200 10,000 (9,200 1996 Olympic Football Project 150,000 150.000 0 1995 National Mayoral Conference 25,000 0 (25,000 TOTAL ADMINISTRATIVE EXPENSES 592,000 421,964 (170,036) III. PROFESSIONAL SERVICES Audit 33.000 35,000 2,000 Legal Support 90,000 108,000 18.000 Professional Svcs - Other 165,000 145,000 (20,000; TOTAL PROFESSIONAL SERVICES 288,000 288,000 0 IV. CAPITAL EXPENDITURES Furniture $ Fixtures 3,600 3,600 0 Office Equipment Purchase 7,000 7,000 0 TOTAL CAPITAL EXPENDITURES 10,600 10,600 0 TOTAL'OPERATING BUDGET 1.287.748 1.107.212 (180.536 1995-96 FUNDING CDT Other 14 10,000 0 6,000 6,000 15.000 5,000 5,000 5,000 100,000 0 2,500 0 0 30,000 10,000 0 5,500 0 6,500 0 33,264 0 4,500 0 1,000 0 2.200 0 0 10,000 4.500 0 10,000 0 0 150,000 0 0 35,000 0 108,000 0 3,600 7.000 r.212 260,000 76.5% 23.5 a� E�1)5 `��/ MIAMI SPORTS AND EXHIBITION AUTHORITY DESCRIPTION OF FUNCTIONS ORGANIZATION The Miami Sports and Exhibition Authority (the "Authority") is an independent and semiautonomous agency and instrumentality of the City of Miami (the "City"), established by Ordinance #9662 (as amended), pursuant to Florida Statutes 212.0305. Section 56.6-10 of the City ordinance creating the Authority requires that: a) the City Commission on an annual basis approve tre Authority's administrative budget and b) that the Authority establish a fiscal year coinciding with that of the City. The Authority's budget is funded mainly from proceeds of the Convention Development Tax. MISSION STATEMENT To facilitate and promote activities, improvements and infrastructure necessary to expand and attract conventions, exhibition and tourism related activities, professional and international sports, as well as other events and programs which will contribute to economic and social growth in the City of Miami. C 05- 665 MIAMI SPORTS AND EXHIBITION AUTHORITY FY 1995-96 FUNCTIONAL COST FUNCTIONS POSITIONS COST ' PERCEN'1CAGE dministrative and Managerial 3 $201,662 18.21 % 1 $266,672 24.08% [Finance arketing 1 $262,440 23.70% onvention Sales 1 $ 226,438 20.45% 996 Olympic Football 0 $ 150,000 13.55% TOTAL 6 $1,107, 212 100 % PERFORMANCE INDICATORS 1. Partner in planning for the 1996 Olympic Soccer Tournament. 2. Continued negotiations with Heat and Panthers to encourage long term tenancy at the Miami Arena. 3. Coordinated first ever Canadian Football League game in the Orange Bowl. 4. Sponsor of the 1995 Inner City Games. 5. Sponsor of the West Coconut Grove Boys & Girls Club Program. 6. Coordinated first ever HEFAME convention in Miami. 7. Completed construction of surface parking lot adjacent to Miami Arena. 8. Sponsor of Orange Bowl Basketball Classic Tournament in Miami Arena. 9. Coordinated 1995 Boys GMAC Basketball Tournament in Miami Arena. 11. Sponsor of the 1995 National Urban League Conference. 12. Sponsor of the U.S. Conference of Mayors. 13. Supporter of the Miami Midnight Basketball League. 4 l0 9 5 — Cy��a5 CITY OF MIAMI AFFIRMATIVE ACTION STATUS MIAMI SPQRTS AND EXHIBITION AUTHORITY MONTHLY/YEAR: OCTOBER 1994 JOB CATEGORIES Total Anglo M&F Black M&F Latin M&F Other M&F I. Top Administrator Executive Director 1 1 % of Total Employees 17 % H. Professionals 3 Deputy Director 1 Finance Director 1 Convention Sales Manager 1 % of Total Employees 50% III. All Others 2 Executive Assistant 1 Secretary 1 % of Total Employees 33 % Total Employees by Ethnic/Race Categories 1 3 2 Percent 17 % 50 % 33 % Female Employees 4 % of Total Employees 67 % All.Minorities & Women 5 % of Total Employees 83 % 05- 635 L GOALS AND OWE CTIVE 1. To expedite development of a convention center/exhibition hall in downtown Miami. 2. To become actively involved in pursuit of additional spoi ting events for Miami Arena and the City of Miami. 3. To significantly increase the number of conventions and exhibitions that utilize City of Miami hotels and facilities. 4. To position Miami as a site for post Olympic events. S. To continue development of youth oriented programs such as Midnight Basketball. 5 95- 60 MIAMI SPORTS AND EXHIBITION AUTHORITY STAFFORGANIZATION CHART CITY OF MIAMI COMMISSION MIAMI SPORTS AND EXHIBITION AUTHORITY F------i GENERAL COUNSEL EXECUTIVE DIRECTOR/ CEO DEPUTY DIRECTOR FINANCE DIRECTOR CONVENTION SALES EXECUTIVE MANAGER ASSISTANT