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HomeMy WebLinkAboutR-85-0920Ak 0 Nlsfflgc:: RESOLUTION NO. c-3J •��, A RESOLUTION APPROVING THE FISCAL 1985-86 ADMINISTRATIVE BUDGET OF THE MIAMI SPORTS AND EXHIBITION AUTHORITY. WHEREAS, Section 52.6-10 of 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 fiscal budget to be submitted on City budget forms for appropriate consideration; and WHEREAS, the attached budget forms identify categories for salaries, benefits, administrative/operations, and professional and consultant services, and that the 1984-85 fiscal year administrative adjusted budget, totaling $438,235.00, is included for comparative purposes, and that the amounts spent in 1984-85 on a monthly and year-to-date basis are included in the Executive Director reports, presented monthly to the Miami Sports and r Exhibition Authority, and that the accounting firm of Coopers & Lybrand has been retained to provide a complete fiscal year 1984- 85 audit pursuant to Section 52.6-11 of the Miami Sports and Exhibition Authority Ordinance; and WHEREAS, the Authority deferred the approval of its budget Pending the approval by the Commission on June 13, 1985, of the Authority's selected developer and Business Plan; and VRiEREAS, on August 30, 1985, the Miami Sports and Exhibition Authority approved its 1985-86 fiscal administrative budget; and WHEREAS, the categories reflected in the budget reflect the mandate contained in Florida Statutes Chapter 212.057(2)(b) to "construct a new, multi -purpose convention/coliseum/exhibition center or the maximum components thereof as funds permit...", and the appropriate portion of Convention Development Tax receipts would be used to satisfy the demands of this budget; and CITY COMMISSION MEETING OF SEP 1985 RESOLUTION r;U. REMARKS :> r._ ______._—�-�,..--.P.,.-,.t��...n.am*.-�+..•.,�.++..mr.-mr�^m�v=-:7-.. a+.f ��!�.-rrr,.R.�.: r....c.,..... ,+-�""�:•,�,r.+v-w .,._.� �, .,...R t A �l WHEREAS, the total fiscal year 1985-86 proposed administrative budget totals $398,769.00, as compared to $438,235.00 for fiscal year 1984-85, reflecting a 9.00 percent decrease in identifiable public costs associated with Miami Sports and Exhibition Authority administrative responsibilities, and that though this budget reflects the best available information regarding program development, a supplemental budget would be submitted for Miami Sports and Exhibition Authority consideration if future needs require. NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF rHE CITY OF MIAMI, FLORIDA; Section 1. The Commission approves the attached Miami Sports and Exhibition Authority fiscal year 1985-86 administrative budget. PASSED AND ADOPTED this 12th day of SEPTEMBER , 1985. PREPARED'* -' ND APPROVED BY: 4-- ROBERT N. SECHEN, Assistant City Attorney APPROVED AS T FORM AND CORRECTNESS: LUCIA A. DOU ARTY, City Attorney RNS/la/B041 MAURICE A. FERRE MAURICE A. FERRE, Mayor 8s`9tiQ S CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM Honorable Mayor and Members TO of the City Commission and DATE September 12, 1985 FILE. City Manager Larry Turner, Chairman `,--- ' � SU9JEZ7 Fiscal Year 1985-86 William Bayer, Co -Chairman I ...�— Administrative Budget George F. Knox, Co -Chairman = FROM Rick Horrow, Executive Director REFERENCES - Miami Sports and Exhibition Authority ENCLOSURES ,-N It is recommended that the City Commission approve the attached resolution approving the Miami Sports and Exhibition Authority fiscal year 1985-86 admini- strative budget. 7s' •9 Secti n 51.6-10 f the City Ordinance creating the Miami Sports and Exhibi- tion Authori es that the Authority establish a fiscal year coinciding with that of the City of Miami, and further requires that the City Commission approve the fiscal budget to be submitted on City budget forms for appropriate considera- tion. The attached budget forms identify categories for salaries, benefits, admini- strative/operations, and professional and consultant services. Further, the 1984- 85 fiscal year administrative adjusted budget, totaling $438, 235.00, is included for comparative purposes. The amounts spent ' n a monthly and year-to-date basis are included in the Executive Direc r reports? resented monthly to the Miami Sports and Exhibition Authority. The ac ntin ' m of Coopers & Lybrand has been retained to provide a complete fiscal year 1984-85 audit pursuant to Section 52.6-11 of the Miami Sports and Exhibition Authority Ordinance. On August 30, 1985, the Authority approved its 1985-86 administrative budget. The explanatory memo and appropriate forms are attached to this memorandum. The categories reflected in the budget reflect the mandate contained in Florida Statutes Chapter 212.057(2) (b) to "construct a new, multi -purpose convention/coliseum/exhibition center or the maximum components thereof as funds permit...", and the appropriate portion of Convention Development Tax receipts would be used to satisfy the demands of this budget. The personnel requirements and the fringe benefits forms (pages 1 and 2) reflect an increase of one staff position to include a marketing and promotional assistant. The salary increases reflect cost of living increases, in addition to enlarging of the scope of duties of the Director of Planning and Development. The administrative/operations form (page 3) reflects relatively constant levels of spending, adjusted for inflation as well as the additional staff position. Most all expenditures for fiscal year 1984-85 have been within anticipat budget levels within this category. 85-920 Aft MEMORANDUM TO: HONORABLE MAYOR, CiTY COMMISSION AND CITY MANAGER SEPTEMBER 12, 1985 PAGE 2. The professional and consultant services form (page 4) is consistent with the philosophy that the Miami Sports and Exhibition Authority rely on expertise and staff support provided by City Law, Planning, Finance and Economic Development Departments, minimizing external professional service requirements. Further, a supplemental program and construction budget for the convention/coliseum/ exhibition center will include compensation for consultants to be provided from proceeds of a sale of bonds or other appropriate debt instruments, in addition to the Pre -Development Agreement and Development Agreement with The Decoma Venture. The total fiscal year 1985-86 proposed administrative budget totals $398,769.00, as compared to $438,235.00 for fiscal year 1984-85, reflecting a 9.00 percent decrease in identifiable public costs associated with Miami Sports and Exhi- bition Authority administrative responsibilities. Though this budget reflects the best available information regarding program development, a supplemental budget would be submitted for Miami Sports and Exhibition Authority considera- tion if future needs require. It is therefore recommended that the Miami City Commission approve the fiscal 1985-86 administrative budget of the Miami Sports and Exhibition Authority, pursuant to Ordinance Section 51.6-10. yj 8S-92G i APPENDIX F MEMORANDUM TO: Members of the Miami Sports and Exhibition Authority FROM: Lawrence Turner, Chairman Rick Horrow, Executive Director DATE: August 30, 1985 RE: Proposed Fiscal 1985-86 Administrative Budget Section 51.6-10 of the Ordinance creating the Miami Sports and Exhibition Authority requires that the Authority establish a fiscal year coinciding with that of the City of Miami, and further requires that the City Commission approve the fiscal budget to be submitted on City budget forms for appropriate consideration. The forms that are attached reflect these requirements. The attached budget forms identify categories for salaries, benefits, administrative/ operations, and professional and consultant services. Further, the 1984-85 fiscal year administrative adjusted budget, totaling $438, 235. 00 is included for comparative purposes. The amounts spent in 1984-85 on a monthly and year-to-date basis are included in the Executive Director reports, presented monthly to the Miami Sports and Exhibition Authority. The accounting firm of Coopers S Lybrand has been retained to provide a complete fiscal year 1984-85 audit pursuant to Section 52.6-11 of the Miami Sports and Exhibition Authority Ordinance. The categories reflected in the proposed 1985-86 administrative budget reflect the mandate contained in Florida Statutes Chapter 212.057(2) (b) to "construct a new, multi -purpose convention /coliseum/exhibition center or the maximum components thereof as funds permit...", and the appropriate portion of Convention Development w. Tax receipts would be used to satisfy the demands of this budget. The personnel requirements and the fringe benefits forms (pages 1 and 2) reflect an increase of one staff position to include a marketing and promotional assistant. The salary increases reflect cost of living increases, in addition to enlarging of the scope of duties of the Director of Planning and Development. i( li l lii .l ,i\ Ilt' i:I )1111 ; \,"r. ,tile ! 121 1. I ( Ind,) ', it "I ' i1' i, iiil -ii 1(1i 85-92C r APPENDIX F MEMORANDUM TO: Members of the Miami Sports and Exhibition Authority FROM: Lawrence Turner, Chairman Rick Horrow, Executive Director DATE: August 30, 1985 RE: Proposed Fiscal 1985-86 Administrative Budget 4 Section 51.6-10 of the Ordinance creating the Miami Sports and Exhibition Authority requires that the Authority establish a fiscal year coinciding with that of the City of 1Nliami, and further requires that the City Commission approve the fiscal budget to be submitted on City budget forms for appropriate consideration. The forms that are attached reflect these requirements. The attached budget forms identify categories for salaries, benefits, administrative/ r operations, and professional and consultant services. Further, the 1984-85 fiscal year administrative adjusted budget, totaling $438, 235. 00 is included for comparative purposes. The amounts spent in 1984-85 on a monthly and year-to-date basis are included in the Executive Director reports, presented monthly to the Miami Sports and Exhibition Authority. The accounting firm of Coopers E Lybrand has been retained to provide a complete fiscal year 1984-85 audit pursuant to Section 52.6-11 of the Miami Sports and Exhibition Authority Ordinance. The categories reflected in the proposed 1985-86 administrative budget reflect the mandate contained in Florida Statutes Chapter 212.057(2) (b) to "construct a new, multi -purpose convention /coliseum/exhibition center or the maximum components thereof as funds permit...", and the appropriate portion of Convention Development Tax receipts would be used to satisfy the demands of this budget. The personnel requirements and the fringe benefits forms (pages 1 and 2) reflect an increase of one staff position to include a marketing and promotional assistant. The salary increases reflect cost of living increases, in addition to enlarging of the scope of duties of the Director of Planning and Development. �lifli'fl•d,l\fl!'littlllt .. �'1��tt`. 1lilit II �ff. •t�i,tl11! }I�111(�11 'ail ;i' �l''t�iil-ii�f�i f ir<c L � SS-92G MEMORANDUM August 30, 1985 Authority Members Page 2 The administrative/operations form (page 3) reflects relatively constant levels of spending, adjusted for inflation as well as the additional staff position. Most all expenditures for fiscal year 1984-85 have been within anticipated budget levels within this category. The professional and consultant services form (page 4) is consistent with the philosophy that the Miami Sports and Exhibition Authority rely on expertise and staff support provided by City Law, Planning, Finance and Economic Development Departments, minimizing external professional service requirements. Further, a supplemental program and construction budget for the convention/ coliseum/exhibition center will include compensation for consultants to be pro- vided from proceeds of a sale of bonds or other appropriate debt instruments, in addition to the Pre -Development Agreement and Development Agreement with The Decoma Venture. The total fiscal year 1985-86 proposed administrative budget totals $398,769 . 00, as compared to $438, 235. 00 for fiscal year 1984-85, reflecting a 9.0 percent decrease in identifiable public costs associated with Miami Sports and Exhibition Authority administrative responsibilities. Though this budget reflects the best available information regarding program development, a supplemental budget would be submitted for Miami Sports and Exhibition Authority consideration if future needs require. It is therefore recommended that the Miami Sports and Exhibition Authority approve the attached budget as the fiscal 1985-86 administrative budget of the Miami Sports and Exhibition Authority, pursuant to Ordinance Section 51.6-10. 85-920 U s l MEMORANDUM August 30, 1985 Authority Members Page 2 The administrative/operations form (page 3) reflects relatively constant levels of spending, adjusted for inflation as well as the additional staff position. Most all expenditures for fiscal year 1984-85 have been within anticipated budget levels within this category. The professional and consultant services form (page 4) is consistent with the philosophy that the Miami Sports and Exhibition Authority rely on expertise and staff support provided by City Law, Planning, Finance and Economic Development Departments, minimizing external professional service requirements. Further, a supplemental program and construction budget for the convention/ coliseum/exhibition center- will include compensation for consultants to be pro- vided from proceeds of a sale of bonds or other appropriate debt instruments, in addition to the Pre -Development Agreement and Development Agreement with The Decoma Venture. The total fiscal year 1985-86 proposed administrative budget totals $398,769 . 00 , as compared to $438, 235. 00 for fiscal year 1984-85, reflecting a 9.0 percent decrease in identifiable public costs associated with Miami Sports and Exhibition Authority administrative responsibilities. Though this budget reflects the best available information regarding program development, a supplemental budget would be submitted for Miami Sports and Exhibition Authority consideration if future needs require. It is therefore recommended that the Miami Sports and Exhibition Authority approve the attached budget as the fiscal 1985-86 administrative budget of the Miami Sports and Exhibition Authority, pursuant to Ordinance Section 51.6-10. t A CITY OF MIAMI GOALS AND OBJECTIVES C FISCAL YEAR 1985-86 tvision un Convention epar men Dev to m n a (F.S.212.057) 1. Construct "a new Multi-purposeexhibition center or the maximum components thereof cos nt o0 ]coliseum as funds permit." dddevelopmentof a 17,000Decomeat spoerts and entertainment arena in the and a Coerdinat Ptileark implementation Wesea The I and implement the business plan for the development of an exhibition hall within the City of b. Coordinate Miami. ` 2. Encourage the attraction and promotion of professional basketball to the City, through the NBA sub- of an NBA exhibition game, and by the attraction of local owner- committee, by the successful promotion would eventually apply for an NBA expansion franchise. ship groups who and supplement existing efforts to bring major conventions, exhibitions, and trade shows to the 3. Enhance City of Miami. ti. Implement and coordinate a marketing plan designed to encourage sponsorship opportunities for major national opportunities within the City. corporations relative to events, promotions, facilities, and other 5. Continue to analyze the feasibility of, and possibly coordinate and implement a plan for, the attraction of other events franchises MajorIndoor ccer League,. professional and amateur and otheroevent andfi ld, t nnis, gymnastics, vo leyball, baseball National Hockey League, track s G. Enhance and supplement the promotion of concerts, entertainment, and other special events to existing the long term development of the coliseum/arena. facilities within the City, in order to encourage 7. Analyze the feasibility of eventual involvement, pursuant to the mandate of the Convention Development Tax, or auditoriums." in other "convention centers, stadiums, exhibition halls, arenas, coliseums, (Florida Statutes .Section 212.057)(2)(c)). 1 DMB 1.2 FORM Page 1 of 1 CITY OF MIAMI BUDGET SUMMARY FISCAL YEAR 1985-86 und Convention Departmentv Miami Sports & Exhibition Authority S on evelopment Tax F.S.212.057 Description DHB FORM No. e u fl 1g84r85 As o 8 /31/g Budget Request Increase (Decrease) 4- 3 N 5 Salaries and Wages 6.2A $154,590 $183,269 S 28,679 Fringe Benefits 6.3A $ 21,295 $175,885 $ 25,350 $208,619 4,055 $ 32,734 TOTAL PERSONNEL SERVICES Operating Expenses 6 4A $262,350 $190,150 ($ 72,200) Capital Outlay --- --- TOTAL OTHER EXPENSES $262, 350 $190, 150 ($ 72,200) TOTAL EXPENSES $438,235 $398,769 ($ 39,466) Tt1TAL N OF P I I NS 6.2A 4 5 1 TEAL REVENUES 7.1 1 ----F L' DM8 6.1A FORM 1 In un I611 I _I . I II ention joepartmen .lob H 0T Code Position Title Pos. Executive Director E Director of Planning; and Development Administrative Assistant/ office Manager Secretary/Receptionist Assistant to the Director Promotion 6 Marketing; Total DID 6.2A FORM CITY OF 141AMI PERSONNEL REQUIREr•1ENTS FISCAL YEAR 1985-86 Zvi of ------ Lbition Authority 1984-85 Adjusted Budget 1985-86 Budget Request N or or Pos. Pos. — — 1 $73,690 $76,269 1 $37,500 $43,000 $28,000 $30,000 $15,400 $16,000 0 $18 , 000 $154,590 $183 269 rZ 6IIII I I i A CITY OF MIAMI BUDGET JUSTIFICATION FRINGE CENEFITS FISCAL YEAR 1935-86 r. �. l �• ram.. .. u C1 tl� CITY OF MIAMI GUOGET JUSTIFICATION OPERATING EXPENSES FISCAL YEAR 1985 -86 Fund Convent' evelopment TaUF.S.212.05 eppartment ) fliami Sports and Exhibition Authoy Tivision - 1984-85 Adjusted Budget 1985-86 Budget Request Minor Object Code Description- ADMINISTRATIVE/OPERATIONS Rent $ 16,100 $ 17,800 Furniture Rental 5,250 5,250 ostage 3,600 3,600 eleplione 15,100 18,100 ffice Equipment Rental 5,000 11,000 ffice Equipment Purchase 2,400 2,400 ffice Supplies 5,000 5,500 Courier & Answering Servicvs 2,700 3,000 Business Travel 22,000 25,000 Business Afeeting Expenses 91000 10,000 Automobile Transportation & Parking 4,700 51000 Printing (business stationery, notices,adver.tisement,a$,endas. releases,request for proposal-, bulk copying & other public information) 15,000 15,000 Memberships/Subscriptions 1,500 2,500 Insurance (general liability, workman's comp.,umbrella) 4,700 5,500 Employer's Portion of FICA 11,000 11,000 Committee Expenses 91000 91000 Contingencies/Moving/Deposits/ Ofher Costs 7,000 8,000 glide show & brochure prepara- tion 3,000 4,000 arket & demographic survey. ----------------------------- -------- -----20,000 ---------------- 0 --------------------------- Sub -Totals $161,850 $161,650 (IMP ! AA rfldfA K CITY OF 141 AI-1 I BUDGET JUSTIFICATION OPERATING EXPENSES FISCAL YEAR 1985 -86 Funq Conv n ion apartment Uivis on Dv.g�t�e87ax Miami Sports and Exhibition Authorit - Minor 1984-85 Adjusted Budget 1985-86 Budget Request Object Code Description PROFESSIONAL SERVICES Audit & Financial Management $ 55,000 $ 5,000 Facility Planning/Operations Consultant $ 51000 0 Informational Services Con- sultant (plus expenses) $ 32,000 $ 5,500 City Attorney Support Services $ 81500 $18,000 Sub -Totals $100,500 $28,500 ------------------------------ CONSULTANT SERVICES -------- * -------------------------- Supplemental program and ctnstruction ---------------------------- budget for the convention/coliseum/exhibition center to be submitted Financial Feasibility at a later date. Compensation for consultants in this Architect/Engineer category are expected to bf provided from proceeds of sales of bonds or other apFropriate debt instrument, in Construction Manager addition to Pre -Development Agreement and Development Underwriting Team Agreement with The Decoma Nenture. Bond Counsel TOTAL 1984-85 ADJUSTED TOTAL 1985-86 BUDGET RE UES BUDGET $438, 235 $398, 769 (WO r AR rl)OG City of Miami Affirmative Action Status Department: Miami Sports and Exhibition Authority Month/Year: Auzust/1985 Job Anglo Black Latin Other Cate oriel Total M b F M b F M b F M S F I. ,Top Administrators Director 1 Assistant Director 1 Other Administrators Subtotal % of Total Employees II. Professionals of Total Employees _ III. All Others Technician/Paraprofessional Skilled Craft Service/Maintenance Office/Clerical Subtotal % of Total Employees Total Employees by Ethnic/Racial Category Percent Female Employees 2 40% 2 40% 1 20% la 1 1 20% 40% 400 % of Total Employees 60% All Minorities b Women 80% % of Total Employees a Shared salary arrangement with Law Department for Assistant City Attorney. nmni r a