HomeMy WebLinkAboutO-10177AGIIUNb ANU 1MFU MLNIING BUDGETARY
ADJUSTMENTS TO COMPLY WITH GENERALLY
ACCEPTED ACCOUNTING PRI14CIPALS AS
OUTLINED BY THE C'ITY`S EXTERNAL
AUDITORS; CONTAINING A REPEALER
PROVISION AND A SEVERABILITY CLAUSE,
Whereas, the City Commission adopted Ordinance No. 10039 the
annual appropriations ordinance on September 17i 1985,
establishing revenues and appropriations for the City of Miami,
Tonal 6emora1 dperatih§
bppropriatinns5q,356y890
Section 2, the following appropriations
Al
are made for the municipal operations of
Cofimuhications, Rescue Services and
Federal Revenue Shari nq for Fiscal Yea r
i
19$'6 of the Ci ty of Miami for the fi scal
yeah 195�8t:
Special Revenue Funds Appropriations
Fede.ral Revenue Sharing for
_
Fiscal Year 1986 8,27112b $ 7,156, 285
Total Special Revenue Funds$11,087,220
f
Section 3. The following appropriations
are hereby made for debt service payment
4".
of principal and interest and incidental
Costs of $163,250 for Util i ty Service
Tax Bonds and the transfer. of
$17,,917,607 to the. General Fund for
FY'86. In addition, this fund' will
contribute 1.4,252916 $4,792,322 to the
Conferences sand Conventions—1✓nterp'rise
Fund, $1,040,820 to the
Government Center Garage Enterprise Fund
and $984,667to the Pension Trust Fund
--
for - t—Fi e-�t38'5 = S 6--�"i s cal— y e a r a na
$1,605,874 to the Self Insurance ;Trust
T u n
;3
"
Debt Service Funds - Revenue Bonds Appropriation
Utility Service Tax Bonds $23T9II9TDII4 $26,504,540
F,.
Total , Debt Service Funds 5--�3II�TIIDII $26504 40
; ,
a5
;
4. The following activities,
Section
hi.ch are:' carri ed� on for: the service of
7
other funds, shall be operated by the
City Manager within 1 ilni ts, of th.e
appropriations 'provided in the foregoing
Departments, Boards, offices and
accounts of the Ci ty of Miami and other
revenues and receipts which may be
1"eceiVed'
internal Service Funds Appropriation
.
Heavy Equipment Maintenance $�_T 1.14,��0�1 $. 59670,968
i
'To t.al Internal 6ervice Funds��,1�,2,�.69 $21,73,027
4 of.
Section 5, the following appropriations
are node in Trust and Agehcy Funds:
Teu5t And kehty�Funds
A peop iation
Pension
8� ,
Self Insurance Fund
1.2.6
$1447031584
Affordable Housing Trust
600,000
Total Trust and Acgency_3i.,.42.�1
$43�603,030
Section 5.1
The
following
dtii uns— are made �f�r—tne—S�e`ci aT
ppropri
Speci al ' Projects Fund
Appropri ation
Y
Tr ans fe r. to the Affordable
`
A`o`usng-7rust—Fu`n3-r`om—
$ 600;000
S p eM `aT-ls o f `e c t
-_
Transfer to the General
Tuna_7r�oog--ape i-iT lroje—cts Fund
$— 400,000
Section 6. The aboveappropriations
are
made based on
the following
sources. of:
:.
revenue for the 1985-86 fiscal
year:
General Fund
Revenue
4'
Non -Revenue
$—.-35 2.6 .3-3
$ 35, 626, 633,
Total General Fund
$=-1gbT4Z831fi
$196,878,316
General' Obligation Bonds
M
f
1984 Genera1.0b1igati.on
a l e------------
�_._2�T�.23, A83
$_ 62, 4 7 8; 083
-
Total General Opera ti ng
Revenue
4-22.O.T".IT3a.q
$ 2 5 9, 3 5 6 ,399
Special Revenue Funds
Revenue
i
Federal Revenue Sharing for
Fiscal' Yea r 1985=86
$— -r i b
$ 7, 156,285
Total $peci al . Revenge Funds
$1 1,087;220
5 A f 9
debt. Service Punds = Revenue Dnhds
i
U�til it Servic �d.0.b
y e flax Bonds ��� } i�
540
$z�,504,�....
total Debt Service Funds $ 231909,000
$26,504#840
*
Ihternal Service Funds
Heavy equipment Maintenance
$,5,5iDy958
�e * * �c * * :k �c *
•* it 7k �c •ic
Total Internal Service Funds
$2I,873,027
Trust_and-Agency-Funds
p e n s i o n
$ 2 8 18 5 8 4 3
Self Insurance S__12T682TZ25
$14,703,584
Affordable Housing Trust
-�-
__ _��-- ------
$ 600,000,
Total Trust and Agency $-_3�TZ42,12Z
$43,603,030
Specia.l_Projects -Fund
Revenue
Interest Earnings 1985
f'
na�aTe` -----
Bon
$..
Storm Sewer Bonds
$ 300,000
- ;
--�--
-5anitar-y fewer -Bonds
t r e e t:and H is gFi way--
a
_m roveme nt Bo ncTs
$ 460,000 �
Section 2. a. The herein increase
in appropriations for
the General. Fund in the amount of $400,000
reflects a Transfer
from 'the Special, ''Projects Fund to meet
increased operating
requi rements b. The herein increase in appropriations for the'°
h
General Obligation Bond fund, in the amount
of $38,355;000 served
_
to refinance higher yielding debt securities thereby saving the
taxpayers, in excess Of.L one mill -ion dollars
in interest payments.
c. The herein reduced appropriation for the
Special Revenue Fund
in the amount of 1,.585,741 reflects the
reduction in Federal
Revenue Sharing Funding. d. The herein increased
appropriation
k
for the Utility Service Tax Fund •in the
amount of $2,595,640
from addi tional revenue ($1,032,J 76 i nter.est
earnings and excise
taxes and 1.,563036.4 FY'85 Fund Rat ance)
and a decrease of .
$510,407 in the contribution to the Government Center P41rki'nq
.Garage offset increased contributions to;
Conferences and
6.of.9
71,
Conventions tnterpr;ise Fund, t523,406, Self Insurance Trust i±und,
11,605y874: and the pennon Trust Fun+ , $084,661 The
h e r e i ti appropriation in the Internal Service Fund, Heavy
'
Equipment Maintenance Division in the amount of $656,268 is for
,i
the purpose of meeting increased de{iroc iation expenses and
issuance costs and accrued interest payments is funded by
revenue in a Iike amount available From increased charges for
services and the recent sale of in certificate of participation
`E
notes. ft1) The herein appropriation for the Self Insurance
Trust Fund i n the amount of $2,020,859 to meet additional claims
payments is funded by revenue in the amount of $414,985
available from the rY'85 Self Insurance Trust and Agency Fund
Balance and $1,605,874 i n the form of a contribution from the
'
Utility Service Tax Fund.
f(2) The herein appropriation for the Pension Trust and Agency
Fund in the amount of $3,240, 044 is for the purpose of meeting
I ;
actuarial requi cements for the Settlement, of the Gates Case and.
includes an appropriation of $840,044 for additional payments to
State of Florida Police and Fire Insurance premium pension fund
and is funded by revenue in a l i ke amount avai i able from the
State of Florida, Police and Fire Insurance Premium payments,
$840,0:44; the Pension Trust and Agency Fund Balance,'$1,415,333;
and $984,667 i n the form of a contribu ion from the Util it y
Service Tax Debt Service Fund. g. The herein appropriations for
Affordable Housing Trust Fund in the amount of $6001,000 reflects
a transfer from the Special Projects Fund with said money being
used to enhance the Housing Rehabilitation Program. h. The
herein appropriation for the "Speciai Projects Fund in the amount
of $1,000;000 reflects interest earnings on the 1985 Bond Sale;
'
Storm Sewer Bonds, $300,000; Sanitary Sewer Bonds, $240,000; and
Street and Highway Improvement Bonds $460,000. i, The Finance
_.
Director is hereby authorized to approve and record, in the poo1ed
`?
cash and investments group of accounts the City's payment of Bank-
>"
and investment charges in the amount Qf $82,000; and also to
f
establish a reserve for possible losses on investments in the
F.
amount of $300,000 using funds therefor from accrued interest
earnings.
t
7 of 9
CITY ATTORNEY
d
I, matt), H , Clerk of . the GUY of Miam,,i, Florida,
herd►:,• eertify that on ay, o
:1. ; .0.0 97-4 full. true and co ri'ac cepY of the a Bove
rTn urdinHnCs was posted at the SUi}th or,
�: •.. ,+: 4%atMnty Court Muse it the plug Prn4 icled
M ;.• , s nad a p l�lications by Ott�►cili�� said �P}' �
c;�, ; 1:;, =►r ►va�ieci therefor,
th+ ��iteisl sesil of seed
F�'• a : iF, S my hand and4--ty
t�44 __y day p
19,
Glen
9 ,f 9
ihM°flLR•t' PPler MOMORAiVOUM
Nonorablp Mayor and McMbers nAtE: Nov FIB
of the Ci ty Commit ss i on
kenftent to Annual
Appropriations Ordinance
3
.
Pkomt
REFEP'ENCES
Cesar N! 6di o
C i ty Manager ENcLcSsuREs:
r,
R ECOMMBNDAT ION;
It is respectfully recommended that the City Commission adopt
the attached emergency ordinance formalizing City Commission
actions I and preparing budgetary adjustments to comply with
generally accepted accoUnting' principles. as outlined by. the
City's external auditors.
`,.
BACKGROUND:
�'.
The, Department of Management" and Budget and the Department of
,j
Fi' ,
Hance have analyzed the FY 86 Budget and have determined that
}
the adjustments outlined, below, must be effected through an
appropriation of funds as indicated.
s
Fund Amount Explanation
3.
;i
a.
General Fund $ 400*000 An increase of
$400,000 in revenue
fr'om the Special
Projects Fund to meet
increased operating
requirements.
=
b.
General Obligation Bonds $ 38,355,000 An increase, of
$38 355 000 i n reve-
nue from' the. 1984
General Obligation
Refundi ng bond Sal e.
Th i s bond sail e `
refinanced hi,ghe.r
yielding ,debt s:ecuri ;.
ties saving the to:x-.
payer in excess: of
.
one million dollars
i n.' interest pay- `
k,
ments.'
:
d',
SPedi at Revenue. Fund 1, 685,141
A $1, 586 74i. reduc-
tion I the rdef a1
Revehue Sharing A1lo-
cation for FY'86 due
to the Ito efflentat ion
of the 6r amm Rudma h
Reduction Act.
or
Utility Service fax $ 2,9g5,540
An Ihdrease of
$2, 595, 540 fn revenue
from adds t1 ona l —
i Merestearnings and
excise taxes of
$1, 032, 176 and
$1,568,364 from FY'85
Fund Balance&
e.
Internal Service Fund $ 656,268
An increase of
$195,823 in revenue
from increased char-
ges for services in
the Heavy Eq ui pmen t
Maintenance Division
to meet additional
depreciation expenses
�''"�►
and $460,,445 from the
recent sale of
certi fIca te of parti-
cipation notes, and
to meet issuance
costs and accrued
interest payments to
Y`
note holders.
f.
Trust and Agency Fund $ 5,260,903
An i nc're'ase. of
$5,260,903 in re-
venue as f611 ows: a:
contribution of
$2,590,541 from the
Utility Service Tax .
—
Fund, $840,044 from
the State .of Florida
'S
Police and Fire
Insurance . Premi uin14
Pension Fund`,
$1,4.15;333 from the
FY'85 Pension Fund
Bal ance,and $414',985
from the F Y' 85 Sel f
Insurance Fun_ d ` Bal-
—
ance. The -above
r.evenue's Fund (1') an
Fund Amount exblamation
of,
NoMeiation
,86g fors the
Self Intur�ance 1`rust
—
P'u n'd a n d ( 2) a n
appropriation of
$3,240,044 for. the
Pension Trust acid
Agency Fund to
t,ee t the cos t of
Maddi ti onal cl a i m s
payments, (i.e. the
Guinan settlement,
the Al fonso settl e-
ment, the extensive
1 itigation costs on
the Michael Johnson
c ase, general ly
higher payments on
all liability claims
etc.), and (2)
a ctua ri al requi re-
""'cl
ments For the
settl ement of the
Gates Case, and
additional - payments
to the State_ o f
Florida, Pol ice and
Fire, Insurance
premi um PensionFund.
g.
Affordable Hous.Trust Fund $600,000 An increase of
600,000 in revenue
from a transfer from
the Capital "Projects
fund which increases .
the pool of money in
said fund to: enhance
the Housing
RehabiIi tat'ion
Program.
h.
CaPi,tal Projects Fund $ 1,000,000 An increase of
$1;000,000 i n revenue
from, interest earn -
i ngs . on the 1985 Bond
Sal e, Sto rm. Sewer
Bonds $300,000, San.i-
tary Sewer Bonds:,,.
$240;000' and Street
and Highway I'm prov e-
ment Bonds, $460, 000;
These interest earn -
1 Q1
Fu d�
Amount
txPlAhatiom
ings ere 'being trahs=
ferred to the Affor�
'trust
dable Houting
Pund $80-0,000 and the
General Fund,
$d00,000:
i.
The attached ordinance
authorises the Finance Director to a0.prove
and record
I the pooled
' cash and investment
group of accounts
the City's
payment of
Rank and investment
management charges in
the amount
of $82,000
and al so establ i sh a
reserve for possible
losses on
investments
in the amount of
$3005000 using funds
therefor
from accrued
interest earhings►
i
7
MIAMI A VIEW
Published Dilly- except Saturday, Sunday and
'Legal Holidays
Mlafni, Dade County, Florida.
STATE OF`FLOhIbA
COUNTY" OF DADIE:
Before the undersigned authority personally appeared
Stokfe V✓iglali5s, who on oath says; that she is the Vice
President of Legal Advertising of the Miami gevlew, a daily
(except Saturday, 8uhday and Legal Holidays) hewspapee,
Published at Miami in Dade County, Florida., that the attached
COPY Of advertisement, being a Legal Advettisement of Notice
In the matter of .
CITE' OF .MwiT
ORDINANCE No., 10177
in the •:....... XXX
.. Court,
was published in said newspaper in the issues of
Nov..21, 1986
Affiant further says that the said Miami Review is a
'newspaper published at Miami An said' Dade County. Florida,
and that. the said newspaper has heretofore been continuously
Sa Saturday, Sunday and 0809
egall Holidays) and hasabeen entered
second class mail matter at,the post olfice in Miami in said
Dade County, Florida, for a period of one year next preceding
the first lublIcIllon of the attached copy of advertisement; and
afflant or says that she has neither paid nor promised any
pars o if or corporation any discount, rebate, commission
or,.rel nd for the pu ose of securing this advertisement for
publte t n In the so newspaper. ,
4�
=; ��j�5,woin to arid' itfed before me this
2 Is t, ay 4
i'C.+.'...:A,D.19....8.6
,So HButgan
�Ik, S1
cf`a o'Fiorida at Large
(SEAL)
My Commission 9g^j�;i�gs
MR 110
frtlssfattN��
D'tTY, op MIA01
bAbr. COUNTY, '1 LORIbA
LIWAL fat
All IhIbrbM6d petsons Will like h6ti6e that on the t3th tray of
N60h1bet,'106, the City Corhntlssiah of Miahii, (Florida, adopted the
following titled oYdihancog:
OWNANCti NO. Will
AN EMERGENCY'Oh0INAN6E AMENDING SECTIONS 1; 2,
3, 4, 5 AND 6 OF ORDINANCE NO. 10030, THE ANNUAL
APPROPRIATIONS ORDINANCE FOR THE FISCAL YEAR
ENDING SEPTEMBER 30, 14.86,'AN'D ADDING A NEW SEC-
TION SA, tO�SAID ORDINANCE FOR, THE PURPOSE OF
FORMALIZING, CITY CONiMISSin AC*16N9.ANO. "
IMPLEMENTING l3UDGETAAY ADJUSTMENTS tO COMPLY
WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPALS
AS OUTLINED, BY THE CiTY'S EXTERNAL AUDITORS;
CONTAINING A REPEALER PROVISION AND A SEVERABIL-
ITY CLAUSE.
ORDINANCE NO. t0478
AN EMERGENCY ORDINANCE AMENDING SUBSECTIONS
(A)(2) AND (B)(1): AND (2) OF, SECTION 30.63,' ENTITLED
"GREEN FEES" AND SUBSECTIONS tA)(1) AND (B) OF SEC• ;
TiON, 30-54, ENTITLED "CART, FEES'; AND SUBSECTIONS"
(B) AND (E) OF SECTION 30.55, ENTITLED "SPECIAL RATES"
OF,THE CODE'OF THE CITY OF MIAMI; FLORIDA: AS
AMENDED, BY REVISING THE. FEE SCHEDULES FOR 61TY .:
OF MIAMi GOLF, COURSES; •CONTAINING A.REPEALER
PROVISION AND A SEVERA131LITY CLAUSE:
ORDINANCE NO. 10179
AN EMERGENCY ORDINANCE AMENDING ORDINANCE NO., i
10100,' ADOPTED-APRIL.22, 1986, WHICH - REGULATES.
NON MOTORIZED ,VEHICLES FOR HIRE, BY"• REMOVING.
THEREFROM A-TIME,.LtMITATION SET.FORTH THEREIN I
UPON THE OPERATION OF HUMAWPOWERED VEHICLES
IN THE CENTRAL COCONUT GROVE, DISTRICT; ALSO, BY•.
ADDING THERETO ADDITIONAL ,RESTRICTIONS "AND REG.',
ULATIONS. UPON. THE' CONDUCT OF CHAUFFEURS OF .
NON MOTORIZED"VEHICLES; AND BY ADDING -THERETO
AN ADDITIONAL REASON FOR:,DENYING, SUSPENDING;
OR REVOKING THE OCCUPATIONAL LICENSE OF THE PER-
SON ENGAGED iN BUSINESS AS THE OWNER OR PROPRI• .
ETOR.OF A VEHICLE'REOUIRING"A LICENSE UNDER SAID
ORDINANCE;' MORE PARTICULARLY 'AMENDING SECTION
"2D(3),`SECTION 3A(2), AND SECTION 5B.OF SAiD ORDI. i
NANCE; CONTAINING A REPEALER PROVISION AND A
S,EVERABILITY- CLAUSE :'.
ORDINANCE NO. 10180, ,
AN EMERGENCY -ORDINANCE: ABOLISHiNG;THE DEPART= =
MENT.,OF;COMMUNiCATIoNS AND PROVIDING•FOR THE ;:;C_'
TRANSFER.OF PERSONNEL; RECORDS AND: EOUiPMENT
BUDGETED IN:THE FY..1986.87 BUDGET; OF SAID, DEPART.
MENT ALSO CONSOLIDATING FUNCTIONS OF SAID
_ DEPARTMENT WITH THE DEPARTMENT OF. COMPUTERS,
DEPARTMENT OF DEVELOPMENT,'AND THE DEPARTMENT
OF COMMUNITY. DEVELOPMENT WHILE AUTHORIZING.,.:
EXPENDiTURE,OF APPROPRIATED. FUNDS -BY THE
DEPARTMENT OF COMPUTERS, DEPARTMENT OF DEVEL-
OP,MENT, AND THE DEPARTMENT OF"COMMUNITY DEVEL
OPMENT;CONTAIN►NG:A REPEALER PROVISION AND
SEVERABILITY' CLAUSE.
ORDINANCE NO 10181
AN" ORDINANCEIAMENDING SECTION 2'OF ORDINANCE .
NO. 10087 ADOPTED MARCH 18,1986, WHICH,GENERAI
REQUIRES THAT PERSONS ENGAGING ;IN': LOBBYING
ACTIVITIESIN THE: CITY REGISTER W1TH;THE CITY .CLERK,4 .
"BEFORE ENGAGING` IN,LO16SYING ACTiVITIES,'.BY.,CLARI.
EYING., THE. DEFINITION OF:t'LOSBYIST:'"THROUGH ("
RESTRUCTiNG T,HF' PROViSIONS OF SAiD: SECTION,.
ADDING LANGUAGE THERETO AND DELETING LANGUAGE t
THEREFROM; CONTAINING A•REPEALER PROVISION AND:
''A SEV ERABIWTY CLAUSE:
Said 9rdinsnce(s) Play be inspected:by the public at the OffiGe of .
the City Clerk3500 Pan. American Drlve, Miami, Florida; Monday
thfotigh Friday, excludirtg holidays, be the ho4tr of
and 5,00 P:M;
MATTY HIRAi
CITY CLERK
{pi11QA} a 126"t. � Ct fX,.�7F MIAMI, FLQRIpA