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HomeMy WebLinkAboutR-88-0953J-88-872 10/6/88 RESOLUTION NO. RH-9. 5`; A RESOLUTION, WITH ATTACHMENT, APPROVING THE ATTACHED FISCAL 1988-89 ADMINISTRATIVE BUDGET OF THE MIAMI SPORTS AND EXHIBITION AUTHORITY SUBJECT TO CERTAIN RESTRICTIONS UPON TRANSFER OF FUNDS. WHEREAS, the Ordinance creating the Miami Sports and Exhibition Authority requires that the Authority establish a fiscal year coinciding with that of the City, and also requires that the City Commission approve the administrative budget to be submitted on City budget forms for appropriate consideration; and WHEREAS, the Miami Sports and Exhibition Authority on September 8, 1988 approved its 1988-89 fiscal administrative budget; and WHEREAS, the attached forms identify categories for compensation and benefits, administrative and operations, and professional and consultant services totaling $745,120.00; and WHEREAS, the categories reflected in the projected budget comply with the mandate contained in the ordinance creating the Miami Sports and Exhibition Authority 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 will contribute to economic and social growth in the City of Miami, with the appropriate portion of Convention Development Tax receipts and other Authority revenues being used to satisfy the demands of this budget; and WHEREAS, the total Fiscal Year 1988-89 proposed administrative budget totals $745,120.00 which is a 2.9% increase over the $724,020.00 amended budget for Fiscal Year 1987-88; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: ATTA"447 S EI%Cal .G%70'EE CITY COMMISSION MEETING OF OCT 6 19H RESOLUTION No. 88--953. - f . ■ 'id Section 1. The attached Mimi Sports and Exhibition Authority Fiscal Year 1908-89 Administrative Budget is hereby approved subject to the restriction that there be no single transfer of funds between categories in excess of $5,000 and no transfers exceeding $25,000 in the aggregate unless all such transfers shall have been approved in advance by the City Commission. Section 2. This Resolution shall become effective immediately upon its adoption pursuant to law. PASSED AND ADOPTED this 6th day of October , 1988. XAVIER L. AREZ, IRAYOR ATT Tt MA Y HIAAI CITY CLERK PREPARED AND APPROVED BY: 2e'�- 7 &,"o-on ROBERT F. CLARK CHIEF DEPUTY CITY ATTORNEY APPROVED AS TO FORM AND CORRECTNESS: U%JU A.M. & Li, CIA ATTORNE RFC:bss:MS ro Honorable Mayor and Members of the City Commission 9 = Cesar H. Odi.o City H"ger RECOMMENDATION CITY OF MIAMI. FLORIOA INTER -OFFICE MEMORANDUM cATE: � _ - �« a � 1988 0 SUBJECT Miami Sports and Exhibition Authority Fiscal Year 1988-89 Proposed Administrative Budget. REFERENCES ENCLOSURES. It is respectfully recommended that the City Commission adopt the attached resolution approving the Fiscal Year 1988-89 Proposed Miami Sports and Exhibition Authority Administrative Budgets pursuant to Section 52.6-10 of the Authority Ordinance. BACKGROUND: The Miami Sports and Exhibition Authority Administrative Budget is funded from certain allocated proceeds of the Convention Development Tax levied pursuant to Florida Statute 212.057 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 Thursday, September 8, the Miami Sports and Exhibition Authority adopted a proposed Fiscal Year 1988-89 Budget which was delivered to the Commission by separate cover. iof d th a uirc ements for om eneatinn and ` This budgets en y e r g p benefits, administration and operations, and professional and consultant services for the operation of the Authority. '"k Honorable Mayor and Members of the City Commission Page 2 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, the accounting firm of Coopers & Lybrand has been retained to provide a complete fiscal year 1987-88 audit pursuant to Section 52.6-11 of the Miami Sports and Exhibition Authority Ordinance. Although this budget reflects the best available information regarding administrative responsibilities and program development, a supplemental budget would be submitted for Miami Sports and Exhibition Authority and City Commission approval if future administrative or operational needs require. JAB/Cas/ j 158 i Ce. Heat Impresses home crowd MIAMI HERALD CITY STUDIES FEASIBILITY OF DOWNTOWN EXHIBITION HALL MUM HERALD Miami Arena's MSEA BUDGET PRESENTATION P�EMAiION OF opening bash %MN151KAIIVt is a hit with ANDOPSWW colorful crowd MAN HERALD Miami chosen host site for 1990 Golden Gloves towmey MINA HOT ON TRAIL OF NBA ALL-STAR EVENT MM INM Miami group making big pitch for pro baseball MAM NEWS Wlaml Arena... . years of sports and happiness. Julio lgl9slas Wlil glue us and music ■ City enters sports and entertainment big leagues MIAMI NEWS « • ki �Nl • By: Gene Marks, Chairrnan _ . 'f:EKno x, Vice-Chdrmar�CSVke-ChdrmanR. Allen, Jr. Mrs. Rankle Rolkn< J. Skip Shepard EN Felnberg Monty TraY)er Steve Suarez Ken Abano Pedro Pelaez John A. Blaisdell. Executive Director 88-953 �\ 10-N TABLE OF CONTENTS 3 Letter from the Chairman 6 Organization and Mission Statement 6 Table of Organization 7 Proposed Revised Administrative/Operating Budget for the Fiscal Year ending September 30,1988. 18 Proposed Administrative/Operating Budget for the Fiscal Year ending September 30,1989 with attached notes. 26 Exhibits P .ETTER FROM THE CHAIRMAN September 16, 1988 Honorable Mayor and Members of the City Commission City of Miami 3500 Pan American Drive Miami, FL 33133 Honorable Mayor and Members of the City Commission: In October 1986, the Miami Sports and Exhibition Authority em- barked on one of the most ambitious projects ever undertaken in the City of Miami, construction of the Miami Arena. As ap- pointees of the City Commission, the Authority was entrusted to guide this project through the construction phase and into what will be many years of prosperous operation. The issues of location and the need for heightened security were looked upon as negatives throughout the construction process. However, what many people hailed as a major mistake has turned out to be the silver lining in a potential dark cloud. Miami Arena, built on time and under budget, has returned this area to prominence in the entertainment industry. Together, we were able to deliver to the citizens of South Flor- ida a truly first class arena that is rapidly becoming the top concert facility in the entire country. In just two months of operation, Miami Arena has hosted such superstars as Julio Iglesias, Robert Plant and Elton John. Still to come are Sinatra, Minnelli, Davis and the Miami Sound Machine. As we look forward to the arrival of those entertainers, the entire family is enjoying Sesame Street Live, while anxiously awaiting the Ice Capades and the circus. And, still to come, opening night of the Miami Heat. v MSEA BUDGET PRESENTATION The Authority has no intention of resting on the success of the Miami Arena. The past year has been a busy one for the agency. In addition to the Arena, the Authority began several projects that will bring; us closer to achieving our goals. They include: - Our co-sponsorship of the City of Miami Basketball Classic, helping return to prominence the University of Miami men's basketball program. - Development of an Audit, Reporting and Training Program, along with bade County and the City of Miami Beach, to effectu- ate a transition of the collection responsibility of the Convention Development Tax from the State of Florida to Dade County. - Applied to the NBA to host the 1990 NBAAII-Star Game at the Miami Arena. Miami is one of four cities still in the running to host the event. - Worked with City of Miami Parks and Recreation Department to secure the 1990 National Golden Gloves Boxing Tournament. - Funded renovations to the City of Miami/University of Miami James L. Knight International Center, converting commercial space to 28,000 square feet of exhibit space. - Worked with City of Miami Department of Development to implement expansion and renovation plans at Coconut Grove Exhibition Center. Working closely with the City Commission to bring Major League Baseball to Miami. We hope through our efforts to move forward under City Com- mission policy in continuing to make Miami a center of interna- tional sports, conventions, and first class entertainment. MSEA BUDGET PRESENTATION )n behalf of the entire board, I respectfully submit a revised 987-88 administrative/operating budget and our 1988-89 fis- al year administrative/operating budget for your considera- on and approval. Your approval of these budgets will allow us continue to move forward in the positive direction we have iken. look forward to your response and our continued successful Corking relationship. incerely, ;ene Marks 'hairman Cesar H. Odio, ex-officio Vice -Chairman George Knox Vice -Chairman Bill Bayer Robert N. Allen, Jr. J. Skip Shepard Mrs. Frankie Rolle Eli Feinberg Monty Trainer Steve Suarez Ken Albano Pedro Pelaez John A. Blaisdell, Executive Director ,D� MSEA BUDGET ORGANIZATION AND MISSION STATEMENT The Miami Shorts and Exhibition Authorityof theCityof Miami, Flor- ida (the "Authority") is an independent and autonomous agency and instrumentality of the City of Miami, (the "City") established by Ordinance #9662 adopted by the City Commission on July 28,1983 (as amended by City Ordinance #10153), pursuant to Section 212.057 of the Florida Statutes. Section 52.6-10 of the City Ordinance creating the Authority requires that a) the City Commission on an annual basis approve the Authority's administrative budget and b) that the Authority establish a fiscal year coinciding with that of the City. The Authority's administrative budget is funded from proceeds of the Convention Development Tax and other Authority revenues. The Authority's mission is to facilitate the development of public facilities necessary to expand and promote professional and interna- tional sports, convention and exhibition related activities, and other events which will contribute to economic and social growth in the City of Miami. WA4r SPORTS AND EXHIMON AUTHORITY OrAkAmm TIONALCHART •T�1■rTZ1 PROPOSED REVISED ADMINISTRATIVE/ OPERATING BUDGET FOR FISCAL YEAR ENDING SEPTEMBER 30, 1988. GENERAL i-he Miami Sports and Exhibition Authority adopted an admin- istrative budget for the fiscal year 1987-88 on September 3, 1987. This nudget was approved by the City Commission on Ch tober 22,1987, via Resolution 87-934. The aggregate amount of this budget was 097,504.00, comprising and identifying the requirements for compen- ;ation and benefits, administration and operation, and professional ind consultant services for the operation of the Authority for the fiscal year ending September 30, 1988. During the course of the year, the Authority began several important projects and expended funds which were not anticipated in the i,udget. Although the Authority has taken legislative action on these terns, it is appropriate for these modifications to be presented and -ipproved by the City Commission through a formalized supplemen- :ai budget. the following presentation is intended to summarize and outline the iroposed budget modifications for each category. For ease of refer- mce, the modifications included herewith are presented under both he general and sub classifications of the budget: COMPENSATION: PROPOSED MODIFICATION $9,156 4djustments in this category are a result of the addition of one staff nember, a Special Projects Coordinator, who is responsible for the ievelopment of designated research and administrative projects. The Iroposedsalaryfortlusposition is $31,500, however, since employment lid not commence until late April the projected expenditures for this ine item for the period ending September 30,1988 amount to $13,932. Chis addition, in conjunction with compensation modifications result- ng from re -organization and shifting of responsibilities implemented )y the Executive Director, resulted in a net modification of $9,156. MSEA BUDGET PRESENTATION AGE 8 U 61 PAYROLL TAXES: PROPOSED MODIFICATION $3,512 Adjustments in payroll taxes and benefits are a result of the changes in the compensation section. ADMINISTRATIVE EXPENSES: OFFICE RENT: PROPOSED MODIFICATION $5,539 To accommodate additional staff, work and storage space, the Board authorized for the leasing of additional officespace in the Dupont Plaza Center. The projected increase in cost for the current fiscal year is $5,539. The new rent amount per annum is $43,023 which shall be re- flected in the 1988-89 fiscal year budget. INSURANCE: PROPOSED MODIFICATION $3,6W An unanticipated General Insurance rate increase of $33,600 occurred during this fiscal year. The yearly premium of $16,000 includes Workmen's Compensation, Commercial Crime coverage foremployee dishonesty, Commercial Property for fire, Commercial General Liabil- ity, and Commercial Umbrella for Liability coverage. CONTINGENCY: PROPOSED MODIFICATION $39,711 Unanticipated miscellaneous expenditures were incurred in the con- tingency category totaling $8,961. Additionally, the Board authorized for extraordinary compensation to be awarded tostaffinembersfor the efforts put forth towards the successful completion and opening of the Miami Arena totaling $30,750. t MSEA BUDGET PRESENTATION VENT SPONSORSHIP: ROPOSED MODIFICATION $25,000 :ity of Miami Basketball Classic n October 1987, the Miami Sports and Exhibition Authority recog- ized the importance of helping promote basketball at the local colle- iate level. This effort would send a message to the NBA that this area .,as serious about basketball and would support a professional fran- hise. The Authority authorized the expenditure of $25,000 to co- ponsor, along with and pursuant to .a request by the City of Miami, the 987City of Miami Basketball Classic, which was hosted by theUniver- ity of Miami. I leld in early November, the Classic featured visiting ?ams from South Carolina, Southern Illinois and Colgate. The uccess of the tournament helped the University of Miami program -utgrow the James L. Knight Center, their home for three years. The JM will now call the Miami Arena home and will feature such national powers as Kansas, UCLA and Duke on their home schedule, a sure ign that the basketball program is approaching the national promi- ience achieved by the U`M football team. 'ROFESSIONAL SERVICES: .EGAL: 'ROPOSED MODIFICATION $40,000 ?n June 29, 1988 the Authority entered into a Professional Services %greement with Chris Korge to retain him as General Counsel for the kuthority through Holland & Knight. The projected budget amount is used on anticipated expenditures to be incurred for fees and expenses )ursuant to the professional services agreement. CDT/MINORITY PARTICIPATION 5.9% Hispanic 26.8% Black PROFESSIONAL SERVICES - OTHER: PROPOSED MODIFICATIONS $200,000 Audit, Training and Reporting Program for local collection of Convention Development Tax: Proposed Modification $50,000 Onjutic 5,1987tlie Florida State Legislature passed certain amendments enabling individual counties to take responsibilityfor thecollectionof their local tourist development and convention development taxes. Recognizing the opportunity for revenue enhancement, administra- tive cost savings, and for more effective enforcement and collection measures, the Authority spearheaded an effort between Dade County, the City of Miami Beach and the Miami Sports and Exhibition Author- ity to collectively effectuate a transition of the collection responsibility from the State of Florida Department of Revenue to the Dade County Tax Collector's office. The Miami Sports and Exhibition Authority, Dade County, and the 29 6%p City of Miami Beach entered into an interlocal agreement for the Ferrate purpose of engaging a consultant to prepare and implement an audit, training and reporting program geared towards maximizing the col- lection and enforcement efforts pertaining to the convention develop- ment and tourist development taxes. Subsequent to a competitive se- lection process, Touche Ross and Company was engaged, via a professional services agreement, to perform the following work steps: 37.7% 1) Iden tiTcation of current compliance levels and reasons for non - Non -minority compliance including database compilation, analysts of historical information and taxpayer Interviews. TOTAL MINORITY 2) Design and implementation ofcollectlon and cash management PARTICIPATION: procedures. 62.3% 3) Development of auditing guidelines and procedures. 4) Development and Implementation of a staffing plan and staff training program for audit personnel. 88-953, ) Development and lmplementation of an education and aware- -ess program toassist taxpayers In correctly following the. new p►-o- edures. ;) Effectuating a smooth and effective transition from the State of IoHda to Dade County for full collection responsibility effective pril, 1988. ndings and Benefits to Date: The database of potential sources of taxpayers resulting from the trategic Identification process of the study, as compared tothe State wepartment of Revenue database, indicated that the State database otentially could have been understated by over 3500 units, otentially understating substantial collections. No revenue loss was experienced during the transition period s originally anticipated, but rather, total second quarter collec- ons were ahead of last year indicating no loss but an effective icrease of 9%. Dade County currently controls information that tvas previously navallable to the beneficiaries of the tax. New Info►mation obtained during the study has resulted to more Yective statistical sampling procedures focusing audit Investlga- �lns on likely offenders. Delinquency levels are approximately half that of the pre- ansltlon period resulting from the implementation of the educa- )n and awareness program. Tax disbursements to the Miami Sports and Exhibition Author- have been expedited by approximately 30 to 45 days In com- Ason to the pre -transition period of 60-90 days resulting In ad- tlonal Investment earnings on principal funds. MSEA BUDGET PRESENTATION REVENUE COLLECTIONS UP 9% Aek a • County usrs existing staff, office and equipment more efficiently to produce substantial administrative cost savings. Local collec- tions havc icsulted [tithe overall reduction of processing fees of ap- proximatch] $400,000 to an approximate $150,000 creating an annual $250,000 benefit to the beneficiaries, but specifically, a $75,000 annual net benefit to the Miami Sports and Exhibition Authority. Baseball: BASEBALL BOND REFERENDUM Proposed Modifications $65,000 EXPENDITURES $15,000 - Market Research: ANGLO 23%• In June 1988, [lie Miami Sports and Exhibition Authority entered into $11 500 an agreement with Strategy Research Corporation to conduct a study among registered voters in the City of Miami. The primary purpose of the study was to ascertain the level of support for a referendum needed to construct a new major league baseball stadium. Strategy Research Corporation surveyed 393 voters in the City of Miami. The HISPANIC 46%: results of the survey indicated that City voters would support an $80 $23,000 million referendum and preferred that the stadium be built on the current site of the Orange Bowl. In retaining Strategy Research Corpo- ration, through a professional services agreement in the amount of $15,000, the Miami Sports and Exhibition Authority initiated the first BLACK 31%: phase of its compreliensive strategy to help bring major league baseball $15,500 to Miami. $50,000 - Public Relations Awareness Campaign: TOTAL BUDGET: The Miami Sports and Exhibition Authority furthered its commitment $501WO to promoting sports in Miami on August 23 by allocating $50,000 to create an awareness campaign to coincide with the City's $80 million baseball bond referendum. Voters in the City of Miami will be asked on October 4, 1988 to approve the referendum, contingent on Miami receiving a written commitment from a major league team to locate in the new stadium. In allocating the $50,000 expenditure, Authority 94 iembers felt it was necessary to create an awarrnrss campaign that lould help heighten the interest in l.�sc�hall in the clays leading up tc� the section. opcol Entertainment Facility Impact Study: roposed Modification $85,000 urpose: o assess the competitive impact of current and prospective facilities in -)uth Florida on the Miami Arena, with special focus on differences -lating to ethnicity and geography. mong the major end products will be: A profile of the South Florida facilities market and a forecast of rea trends which will affect the market and (lie Mlaml Arena; An evaluation of the utilization prospects of the Miami Arena, Wen likely patron behavior, promoter Interests, operator philoso- hy and comparable situations; A speciftc assessment of the impact new amphitheater(s) con- tructlon will have on the Miami Arena; and Marketing strategy direction for maximizing attendance from re- oective ethnic classiTcations and South Florida communities, In- luding event mix preferences. rATUS U field work fact-finding has been completed. This has included cecutive interviews throughout South Florida by team principals; •lephone interviews in Broward and Dade counties among residents in MAo BLACK UK OUR tq FWALE AoJurrso =1oso bra aoNt+0"OHM Moatrr 88-r953, JA 1 the Anglo, I Iispanicand lilackcommunities; focus groups in the same coninu cities, and the analysis of secondary - published information. A final presentation to the Authority is expected during the first 10 days of October. PRELIMINARY FINDINGS • The Arena site is less sinister to most prospective patrons than originally hypothesized. Youth and young adults have virtually no security concerns and can be expected to attend regularly from West Palm Beach to the Keys and Ft. Myers in the West. e The convenience of the facility, especially by public transit, Is a rrt4jor marketing benefit, but riust be communicated more ef- fectively. • The Hollywood Sportatorium may be forced to close. e Amphitheater construction will dramatically affect the Miami Arena's dominance of the highly pro/ttableconcert market, espe- clally if new facilities come on stream at Broward or the Metro Zoo sites. West Palm Beach is less likely to hurt the new arena and may be perceived as a complimentary facility. The Impact is likely to be year -around. • Black and Hispanic attendance crossover to events not consld- eredethnicwould Improve measurably with more effective media selection and promotion. •The negative attitudes of35+ yearold Broward residents toward downtown P9ianil can be gradually reversed through cross-market- Ing efforts tvith the Miami Heat's Broward-based season ticket holders (35% of their total). e Need for stronger marketing effort of Ticketmaster outlets due to low awareness of the outlets which exist. .. L '`\ MSEA BUDGET PRESENTATION • Attitudes of pride, self esteem and a sense of "big league/tue can do" stemming from the Miami Arena's successful launch can be capitalized on to energize the pursuit of a Major League Baseball franchise. MINORITY PARTICIPATION The first column breaks down outlays as they will occur; the sec- ond adds -in equivalent value of work carried out by Miami Sports and Exhibition staff and study participants and a predominantly female staff for focus group recruitment and telephone interview- ing, as well as secondary information gathering. MIAMI SPORTS AND EXHIBITION AUTHORITY PROPOSED REVISED ADMINISTRATIVE BUDGET PAGE • FOR THE YEAR ENDING SEPTEMBER 30, 1988 3 Chen" Propoeed Adapted Behwan Rowed Pudget Budgsl Propaaad FY 1967- FY 1997• and Itom Oescription 19" 1966 Adrptad I Compensation A Benelits Compensation : Execullve Director 370,500 79.900 0 Director, Planning 6 Development 10,312 41111,11111111 (3910" 1 inane Manager 21,656 21,606 Special Prof CooM 13,932 13,9l2 Adminktrative Assistant 32.311 27,000 0.311 Markeling Director 32,000 26,900 51200 Secretery4leceptionist 20,724 16,200 I LS24 TOTAL COMPENSATION 210,637 201."1 9.199 Payroll Taxes A Ben@fKs: Group Insurance 16,072 15,110 on FICA Contribution 13.226 11.411 1,917 Retirement Plon 16,051 14.116 733 TOTAL PAYROLL TAXES b BENEFITS 46,151 42.630 3.512 TOTAL COMPENSATION d BENEFITS 256,756 244,120 12,696 If. Administration Office Rent 31,647 26.106 5,539 Stan Parking 4.500 4,500 0 Furniture Rental 0 0 0 Postage 2.400 2.400 0 General insurance 16,000 12.400 3,000 Telephone 15,950 'ISA50 0 Office Equipment Rental/Mainl, 4,600 4,600 0 Office Supplies 4,000 4.000 0 Courlar A Messenger 3.300 3.300 0 Business Travel 16,500 16.900 0 Business Meeting Expenses 7,225 7= 0 Auto TransWalion/Parkkq S,600 SAW 0 Printing 7.225 7.110 0 Memberrships/Subscriptions 1,000 1.000 0 Public Reletions/MarkeNng 1,500 1.000 0 Conference Registration 1,500 1,900 0 Event Sponsorship 25,000 20.000 Contingencies 44.006 4.975 36.711 TOTAL ADMINISTRATIVE EXPENSES 19ZS33 119,083 73,650 Ill, Professional Services: Legal SupW 50,000 10,000 40,000 Auld 13,500 13.500 0 Management Fee 9,200 9,200 0 Professional Svcs - Other 200,000 2001000 TOTAL PROFESSIONAL SERVICES 272,700 32,700 240,000 IV. Capital Expenditures: Office Equipment Purchase 1.600 1,600 0 TOTAL CAPITAL EXPENDITURES tow 1,600 0 TOTAL BUDGET $724,020 • 397.506 326.017 ,e Arxonpa-yi-g Notes to Prot"ed Revised Budg« 88-953 1PA AIAMI SPORTS AND EXHIBITION AUTHORITY 'ROPOSED ADMINISTRATIVE BUDGET :OR THE YEAR ENDING SEPTEMBER 30, 1989 (APVleed i Change Propotiwd Adopted pw"on Budget 8udpol Propo"d F Y 1980 I Y 1987 end urn Dssv►p"o. 1989 1989 Adapted Cemponestoon A B/ndMs: efts. %sets" pYscta =79.500 79.500 0 )rscim. Plonn" & new O 10.312 (10,312) .roes Msn.y.r 33.689 21.8" 11.831 osolst Pra+ecle Coord 31.500 13,932 17,568 IdiirlWe Assistant 24,000 32,311 (8,311) tsAtAtq Mrtsgsr 32,000 32.000 0 snrslwrlpseeplbnhq 20.000 20,724 (724) WAL COMPENSATION 220,689 210,637 10,052 a7reo Tsxce 6 B/neN1s: rouq Mtswsnc0 10,250 16,072 (5,622) rCA CarArbuoon 13,903 13.229 75S 46ornsrd Plan 17.655 16.851 904 OTAL PAYROLL TAXES i BENEFITS 41,666 46.151 (4,263) OTAL COMPENSATION • BENEFITS 262,577 256.789 5,759 AN tYMstratbn: ' 4Na Rom 43.023 31,647 11,377 M Pwklrto 5,400 4.500 ON umfurs Rome$ 0 0 0 oslsos Z200 2.400 (200) ,anwsl Inswanes 16,000 16.000 0 stsphorts 14,0p0 15.050 (1,650) Moe EWon wrt RenWM&Int. 3,695 4,900 (I.M) Albs Suppose 4.000 4,000 0 *UAW a Msssenper 3,500 3.300 200 ashen Travel 16,500 16,500 0 v/MNae MsaU 0 Expenses 72" 7,225 0 u1/ Transpalstlorr/Ps Ino 5.900 5.600 0 dno m 4,w00 7.225 (2,725) 2,900 Low 1,500 m6k RslsMorn4m*4llno 1,500 1,500 0 onhrance RsolstroWn 1.500 1,500 0 .wM Spwworehlp 50,000 25.000 25,000 onthgencbs 8,000 44,606 (36 606) OTAL ADMINISTRATIVE EXPENSES 109.343 192.933 (3,509) 4. Prolossbnw Ssrvlc" MSEA BUDGET PRESENTATION PAGE 17 "al 64*Pon 144,000 50,000 94,000 At 13,500 13,500 p 1lrraowewA Fee 9,200 9,200 0 ,c$mwiww Svcs • Other 120,000 200,000 (60.000) OTAL PROFESSIONAL SERVICES 286,700 272,700 14,000 Cep11sl Expsndourse rnAu+s A Futures 2.500 2.500 Nka E**ff "Purchses 4,000 1,600 2.400 OTAL CAPITAL EXPENDITURES 6,500 1,600 4,"o fOTAL BUDGET $745,120 724,020 21,100 'i � 00) MIAMI SPORTS AND EXHIBITION AUTHORITY Notes to Proposed 1988-89 Administrative Budget GENERAL The following is a justification of projected expenses the Authority anticipates will be incurred during the 1988-89 fiscal year for the purposes of carrying out the normal business of the Authority, as outlined in its statement of purpose. The Authority staff certifies that the projections included herein represent the most current and avail- able information, and that it is the intention of the Authority to continually refine its operations to maximize efficiency and maintain expenses at or below the budgeted projections. COMPENSATION & BENEFITS Projections anticipate a 2.3% net increase over the revised adopted budget resulting from shifting of compensation schedules and staff function re -assignments. During the previous fiscal year, the budgeted amounts for finance manager and special projects coordinator, reflect partial year allocations. Executive Director Position responsible for the overall administration and operation of the Authority and its staff. The proposed salary is $79,500, which repre- sents no increase over the previous fiscal year. Administrative Assistant Position provides direct administrative support to the Executive Di- rector and Board of Directors and oversees all of theorganization's daily operations through the coordination of personnel, budget control, workflow management and general office procedures. The proposed salary is $24,000, which represents a 25.7% decrease over the previous fiscal year due to staff re -assignment. MSEA BUDGET PRESENTATION =finance Manager ?osition provides direct administrative support to the Executive Di- .-ector in all matters pertaining to the finances and cash flow analysis -)f the Authority for both internal operations and special project 'ending. The proposed yearly salary is $33,689. This position was not staffed for the entire fiscal year 1987-88. Marketing Manager 'osition provides direct administrative support to (fife Executive Di- ,ector and serves as a source of information regarding the national profile of sports and convention facility development and audience participation. Additionally this position is responsible for creating ind maintaining a favorable public image for the Authority, and co- )rdinating special projects and sporting events. The proposed salary s $32,000, which represents no increase over the previous fiscal year. ipecial Projects Coordinator 'osition responsible for coordinating activities of designated admin- strative, research, and development projects. It also provides direct administrative support to the Executive Director as required. The pro- aosed salary is $31,500, per annum. During the previous fiscal year, his position was budgeted for six months, as a result of a mid -year addition. secretary/Receptionist 'osition is responsible for all aspects of clerical and secretarial duties o support all Authority staff. The proposed salary is $20,000, which epresents a 3.5% decrease over last year due to staff re -assignment. BUDGtI PRESENTATION LMSEA PAGE 20 PAYROLL TAXES & BENEFITS: FICA Contribution The 11CA contribution is 7.51 % of total employee compensation up to a ceiling of $45,000 per employee salary. The proposed FICA contri- bution for 19ti8-89 is $13,983. Group Insurance The anticipated costs for group medical and dental coverage for 6 full- time employees is $10,250. The amount budgeted reflects a 36.2% reduction over the previous fiscal year. This reduction was achieved by changing to a more cost effective health insurance carrier. Retirement Plan The proposed budget includes an 8% of total salary contribution per Authority employee. The proposed contribution for 1988-89 is $17,655. ADMINISTRATION Office Rent Pursuant to a 3-year lease signed May 1,1987 and an amended lease signed June 1,1988, between the Authority and Dupont Plaza Center, the Authority is responsible for 2375 square feet of office space at a cost of $2,975.60 per month and amortized payments of $609.67 for the cost of renovating additional space. The aggregate amount for the year is $43,023.00. This amount is 35.9% over the previous year. MSEA BUUGtI PRESENTATION Staff Parking Projections are based on leasing parking spaces at the Dupont Plaza Center garage for staff. The cost of 6 spaces is $450.00 per month. The aggregate amount for the year is $ 5,400, which represents an increase of one space from the previous year. Postage The proposed budget amount for postage is $2,200. This amount includes the lease of an electronic postage meter and scale, and stamps for general office correspondence and committee correspondence for Authority members. The amount budgeted for postage in 1988-89 is 8.3% under the previous year. General Insurance The anticipated cost of general insurance for the Authority is $16,000. This amount includes Commercial Crime coverage for employee dis- honesty, Commercial Property for fire, Commercial General Liability, Commercial Umbrella Liability for injury, and Workmen's Compensa- tion coverage. This amount is unchanged from the previous year. Telephone The proposed budget amount of $14,000 includes all anticipated tele- phone expenses including the lease of the telephones at a cost of $147.80 per month. This line item also includes charges from Southern Bell, Cellular 1, and N icrotel long distance calling. The proposed budget amount is 11.7% less than 1987-88 due to efficiencies obtained with the new equipment and long distance service. .10 W, Office Equipment Rental/Maintenance The proposed budget amount of $3,695 includes the lease of pho- tocopy equipment and annual maintenance agreement on 2electric typewriters, tape recorder for authority meetings, photocopier, and facsimile machine. This amount is 23% under the previous year's expendihires. Office Equipment Purchase The proposed budget amount of $4,000 is for the anticipated purchase of computer equipment and system upgrades. This amount is $2,400 over the previous year's budget. Office Supplies The proposed budget amount of $4,000 is for all general office, pho- tocopy and computer supplies. This amount is unchanged over the previous fiscal year. Courier & Messenger The proposed budget amount is $3,500. This amount includes ex- penditures for local courier service, hand delivered documents and emergency deliveries, as well as Federal Express overnight deliveries. This line item is being increased by 6.1 % over 1987-88 to cover anticipated changes due to an increased number of Board members. Business Travel Expense The proposed amount of expenses for out of town travel is $16,500. This includes funds for airfare, hotel and meals for staff and Authority members who travel on behalf of MSEA. The amount budgeted for travel remains unchanged from the previous year. • s , • 17 ''1 n Business Meeting Expenses The proposed amount of $7,225 includes refreshments for monthly Authority meetings, in addition to meals and supply costs for meetings related to MSEA projects. The amount budgeted for business meeting expenses is unchanged over the previous fiscal year. Auto Transportation Reimbursement Anticipated yearly expenditures for auto transportation are $5,800. This amount includes a monthly auto allowance of $400 for the Executive Director, in addition to reimbursement for mileage at .20/ mile, parking and tolls for MSEA staff, and parking expenses for Authority members and guests attending meetings at MSEA offices. The amount budgeted for auto transportation is unchanged from the previous fiscal year. Printing The proposed budgeted amount of $4,500 includes MSEA stationery, business cards, professional printing costs and copies over the photo- copy machine allowance. The amount budgeted for 1988-89 is 37.7% less than 1987-88 achieved by efficiencies obtained and overall reduction in the amount of professional printing. Membership/Subscriptions The proposed budget amount of $2,500 includes fees for membership in professional planning and management organizations that provide the Authority with resource material for projects and professional staff development, as well as subscriptions to local and professional publi- cations, electronic bulletin boards and media clipping services perti- nent to daily operations and special projects. The budgeted amount for membership/publications is $1,500 higher than 1987-88 to providestaff with funds to develop a reference library of materials relevant to Authority activity. roo PAGE 24 n Conference Registration The proposed budget amount of $1,500 includes fees for staff partici- t)ation in local and national meetings pertaining to Authority ousiness, as well as enrollment in classes for professional development. The amount budgeted for conference registration remains unchanged from 1987-88. Public Relations/Marketing The proposed budget amount of $1,500 provides funding for the Authority to develop special promotional materials related to Au- thority projects, contribute to City related projects highlighting Authority activity, and for paid advertising. This amount is un- changed over the amount budgeted last year. Event Sponsorship The proposed budget amount of $50,000 provides funding by the Authority for special events sponsorship as determined by the Dowd. Contingencies The proposed budget amount of $8,000 includes miscellaneous costs associated with Authority operations and unforeseen emergency expenses. This amount is 82.1 % lower than the budgeted amount in 1987-88. IN ''1 MSEA 6UIXAtI PRESENTATION PROFESSIONAL SERVICES Legal Support The proposed budget amount of $144,000 is for the provision of legal support to the Authority pursuant to a professional services agreement between Christopher G. Korge and the Miami Sports and Exhibition Authority. kudit The proposed budget amount of $13,500 is for fees to be incurred by a -ertified public accounting firm to be retained for the annual Authority audit and to provide assistance with internal financial accountability. This budget amount remains unchanged from 1987-88. Management Fee the proposed budget amount of $9,200 is for a portion of the City vlanager's salary to be paid by the Authority for time and services -endered by the Manager on behalf of the Authority. "rofessional Services - Other the proposed budget amount of $120,000 is to cover costs that are )eriodically incurred for professional consultant and administrative support services. This amount also represents funds that the Author- ty, from time to time during the fiscal year with approval from the loard, can elect to spend on research, topical studies, project propos- ►ls such as NBA All -Star Weekend bid, and miscellaneous costs ncurred in the development of Authority projects. Name of Grant funding Source Ne Statute 21 Florida (21 Description ObieCt code 00i- Satarges snd wages 03t 050- `Other Pay t99 t OOt 1T JTAL aEaSO�NS,` SERvt�ES I • 99 l �! 200• `Qperat�ona'•=,Censes .99 1 6m Capital OuticY 899 ?0�' TOTAL O TKER ExPENgES P°9 ToTAL EXPENSES CAY Funds W No. Of POS(TtOWS CITY OF MIAMI BUDGET SUMMARY GRANT CAPITAL PROJECTS) (S(CLFISCAL YEAR 1988-89 AuCuv, otat Fund) Period P t„Modrfjed Budget p FORM t983/J8r88 AS a No 52 i 210,637 53 46,151 256,j88 5� 465,b33 1,600 55 1 467,233 5.2 nt0 'mm tlld Balance 130/88 ` Budged { Request t4 1988.89 I320 589 -62,5 i r— �` ; 6.043 6,500 � 452,543 gNmar� t98B-89 1 t^creases Ipecreasel tat t1t = 5 �1 I �.o52 -z� .J.3 0 1 i CITY OF MIAMI ' GRANTS —SALARIES AND WAGES (EXCLUDING CAPTIAL PROJECTS) FISCAL YEAR 1988-89 Fund Department Exhibition Authorit code avision ode ante of Grant Project No. JFw." Source Contract Period Grant Request 1968.39 10 M8. 5.2 for 1988.89 lorida Statute 21 1 1 rn (3) _ (4) (5) I f6) Object Colt Modified &x1l" 19E7-88 Ifof Bud )et Request 0 of Increase (Decrease) r of Posilton ritle As of 3131 /88 POs. 1988.89 Pos. IM - (3) * (5) 1 Clos Esotanat o� EXECUTIVE I DIRECTOR 79,500 79,500 -0- l DIRECTOR OF M I' PLANING b ( j DEVELOPMENT 10,312 -0- (;0,312) FINANCE ME.NACER 21,858 33,689 11,831 SPEC PROJ COORD 13,932 31,500 17,568 ADKINISTRA- ; I1R Assisum 32,311 24,000 ( 8,311) SECRETARY - RECEPTIONIST 20,724 20,000 ( 724) MARKETING HUQGEg Toug 32,000 32,000 -0- 210,637 220,689 10,052 TOW 210;637 220,689 10,052 I PAGE ' OF e PAGE 3--OF-A.-- CITY OF MIAMIINGE AIL FOR MOTORCYCLE ALLOWANCES. ANS. CAPITAL BENEFITS, BUDGET JUSTIFICATION DET FISCAL YEAR 1988-89 OTHER OPERATING EXPENCES. NOP1'OPERATING EXPENSES, MSFA MINOR OE,IECT CODE CDT DEPARTMENT FUND OETAILEO pUANT1TY OF ITEM fOR PURCHASE DESCRIPTION Of ITEM INSURANCE (GROUP HEALTH r; DVrAL) FICA &=VJMW PLAN ACCOUNT NAME PROJECTED OUANTITY x PRICE-) RE UNIT PRICE 10,250 13,983 17,655 JUSTIFICATION [� PURCHASE►EXPl401_UPE --j/ ;I l CITY OF MIAMI GRANTS- OPERATING EXPENSES (EXCLUDING CAPITAL PROJECTS) FISCAL YEAR 19118-89 Fund oew+ orts and Exhibition Authority_ Code 0tvwsron Code Name of Gram Project No. undtrtg Source Contract Period Gran( Request 1988-89 D M S. 5 4 for 1988-89 �ioridaStature 212 (1 (2) (3) (4) _ (51 f6) Obfett Modified Budget 1987-88 budget Request increase (Decrease) Code Descnptron As of 3131/88 1988.09 Nl - (31 = (51 Exalanahon ADMINIS- TRATION OFFICE RENT 31,647 43,023 I 11,377 STAFF - PARKING 4,500 5,400 900 POSTAGE 2,400 2,200 (230) GENERAL INS 16,000 16,000 -0- TELEPHONE 15,850 14,000 (1,850) OFFICE - EQUIP/MAIN 41800 3,695 (11105) SUPPLIES 4,000 4,000 -0- COURIER 3,300 3,500 200 BUS 'TRAVEL 16,3OO 16,500 -0- BUS MTC EXP 7,225 7,225 -0- AUTO/PKG 5,800 51800 -0- PRINTING 7,225 4,500 (2,725) Mm/Buss 1,000 2,500 1,500 PUB KEL/MIKT 1,500 1,500 -0- CONT REG EVENT - 1,500 1,500 -0- SPONSORSHIP 25,000 50,000 25,000 COWTINGEN- CIES 44,686 8,000 (36,686) TOW 1 3 590 E= Teats A t • CITY OF MIAKII GRANTS — OPERATING EXPENSES (EXCLF SICNG ALCYEPARA19I18 ggECTS) Code' Deis ind tExh Contract PertoO Gr- am of Grant Protect No. tMt" SO1"Ce I rida Statute 212 (e) 1 (2) Modiw &w9et gydget Reouest Obsect 1987-86 19!!B•!9 Come Descnpnon As of3/31/E8 i PROFRV. SEICES LEGAL 50,000 AUDIT 13,500 HANAGT FEE 9,200 PROF. SERVIC J OTHER 200,000 • TOW q TOW rwirr..�w 272,700 144,000 13,500 9,200 120,000 286,700 Request 19"-e9 (5) Increase (Oecresae) 94,000 I -0- � —0— (80,000) 14,000 ♦ for 198e•JI9 161 ExWar,atron PAGE —.3 Of—&-- r � CITY OF MIAW GRANTS- OPERATING EXPENSES (EXCLF SICNG AL YEARA19U8 ggECTS) r