HomeMy WebLinkAboutR-94-0717J-94-733
9/22/94
RESOLUTION NO.
94-- 717
A RESOLUTION, WITH ATTACHMENT, APPROVING THE
FISCAL YEAR 1994-95 ADMINISTRATIVE BUDGET OF
THE MIAMI SPORTS AND EXHIBITIONS AUTHORITY
(ATTACHED HERETO AND MADE A PART HEREOF).
WHEREAS, the ordinance creating the Miami Sports and
Exhibition Authority ("Authority") requires that a fiscal year be
established coinciding with that of the City and that an
administrative budget be submitted to the City Commission for
approval; and
WHEREAS, proposed budget categories comply with the mandate
contained in said ordinance to facilitate the development of
public facilities for the promotion and expansion of professional
and international sports, convention and exhibition related
activities, and other events which will contribute to the
economic and social growth of the City of Miami; and
WHEREAS, the proposed administrative budget totals
$1,287,748, which is a $97,915 increase from the previous fiscal
year;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY
OF MIAMI, FLORIDA:
CITY COMMISSION
MEETING OF
SFP 2 2 1994
Resolution No.
94- 717
Section 1. The recitals and findings contained in the
Preamble to this Resolution are hereby adopted by reference
thereto and incorporated herein as if fully set forth in this
Section.
Section 2. The Fiscal Year 1994-95 Administrative Budget
of the Miami Sports and Exhibition Authority, attached hereto and
made a part hereof, is hereby approved.
Section 3. This Resolution shall become effective
immediately upon its adoption.
PASSED AND ADOPTED this 22nd day of September 1994.
4t.-
STIPHEN P. CLAR14, MAYOR
ATTES
MATTY HIRAI
CITY CLERK
PREPARED AND APPROVED BY:
�'_7
iA-F-Alt O. DIAZ
DEPUTY CITY ATTORNEY
APPROVED AS TO FORM AND CORRECTNESS:
94- 717
_2_
Draft 2 MIAMI SPORTS AND EXHIBITION AUTHORITY
PROPOSED OPERATING BUDGET
FOR THE YEAR ENDING SEPTEMBER 30, 1995
AC�tJi'TSI�
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994-95FUNUINU
CDT
Other
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1tEIVI,.pf5GRtPTlON. Fy.19.9:-1±3$d..; FY.1>94. i995.. GNAPIGE :.'.
1. COMPENSATION & BENEFITS:
Compensation:
Executive Director & CEO
5(000
(502
Deputy Director
63,694
51,494
51,498
63,000
56,000
55,000
3,502
Finance Director
32,670
36,314
3,644
Executive Assistant
Convention Sales Mgr.
30,000
36,500
6,500
750
Secretary/Receptionist
18,150
281,012
18,900
299,714
18,702
299,714
Payroll Taxes & Benefits: 52,500 52,500
Group Insurance
FICA/Medicare Contribution
20,324
20.957
633
1,496
Retirement Plan
22,481
95,305
23,977
97,434
2,129
97,434
TOTAL COMPENSATION & BENEFITS
376 317
397 148
20 831
397 148
II. ADMINISTRATION
Auto Transportation/Parking
15,000
10.000
20,000
(5,000
0
10,000
16,000
4,000
Business Meeting Expenses
20,000
50,000
50,000
0
40,000
10,000
Business Travel
5,000
10.000
5,000
5,000
5,000
Conference Registration
65,000
166.313
101,313
166,313
Contingencies
4,000
7,000
3,000
7,000
Courier/Delivery
135,000
35,000
(100,000
35,000
Event Sponsorship
12,000
10,000
2,000
10,000
General Insurance
Memberships/Subscriptions
5,500
5,500
0
1,929
5,500
500
office Equipment Rental/Maintenance
5,916
8,987
28,987
(6,929
8,987
28,987
Office Rent
35,916
4,500
4,500
0
4,500
Office Supplies
2,500
4,500
2,000
4,500
Postage
5,000
10,000
5,000
8,000
2,000
Printing
Promotions/Marketing
4,500
25,000
21,000
4,500
25,000
Staff Parking
5,500
15,000
9,200
19,200
4,200
15,000
4,200
Telephone
1996 Olympic Football Project
150,000
150,000
0
25,000
150,000
25,000
1995 National Mayoral Conference
0
25,000
TOTAL ADMINISTRATIVE EXPENSES
537,916
592,000
54 084
481,800
110,200
Ill. PROFESSIONAL SERVICES
Audit
25,000
33,000
8,000
0
33,000
90,000
Legal Support
90.000
150,000
90,000
165,000
15,000
105,000
SO,OOC
Professional Svcs - Other
TOTAL PROFESSIONAL SERVICES
265,000
_ 288,000
23 000
228,000
60 00C
IV. CAPITAL EXPENDITURES
Furniture & Fixtures
3,600
3,600
7,000
0
0
3,600
7,000
Office Equipment Purchase
7,000
TOTAL CAPITAL EXPENDRURES
10 600
10,600
0
10,600
9 4 -- 717
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I would liko to nquat that On 1904.95 final year opmting budget or tho Murat Sports and
Ecbibidon Authcurtty be placed on dw September go 1994 City Commission agenda for diwuanton
and e►pptOTAL
Pienw do ant hvdtota to contact mo It you have nay quadom.
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94- 717
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