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Home My WebLink AboutO-08932Lin/gr 4/10/79 AMOfteintht NO. i4 TO aRDINANCE NO. 8 AA ORDINANCE N0. AN ORDINANCE AMENDING SECTIONS 1 AND 6 Or ORDINANCE NO. B868, ADOPTED SEPTEMBER 28, 1978, THE ANNUAL APPROPRIATIONS ORDINANCE FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 1079, AS AMENDED, RY INCREASING THE APPROPRIATION FOR SPECIAL PRO- GRAMS AND ACCOUNTS, CONTRIBUTION TO ENTERPRISE FUND, rROM RENTAL PROPERTIES, IN AN AMOUNT OF $258,602; BY INCREASING ANTICIPATE6 REVENUES, :SOURCES OTHER THAN AD VALOREM TAX, BY THE SAME AMOUNT, THEREBY ELIMINATING RENTAL PROPERTIES FROh1 THE ENTERPRISE FUND REVENUES; AND BY INCREASING ANTICIPATED REVENUES, ENTERPRISE POND, CONTRIBUTION FROM GENERAL FUND, IN THE SAME AMOUNT; CONTAINING A REPEALER PROVISION AND A SEVERARILITY CLAUSE. WHEREAS, the City Commission adopted Ordinance No. 8858 on September 281978, establishing revenues. and appropriations for the City of Miami, FLorida, for the fiscal year ending September 30, 1979; and WHEREAS, said ordinance reflected an amount of $258,602 from Rental Properties as an Enterprise Fund revenue; and WHEREAS, it has been determined that these revenues should be budgeted in the General Fund to make said revenues available for other unrelated enterprise activities; and WHEREAS, the amount of $258,602 for Rental Properties, Enterprise fund, in Ordinance No. 8858', can be transferred to the General Fund, Special Programs and Accounts, Contribution to Enterprise Fund; NOW THEREFORE, RE IT ORDAINED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. Section 1 of Ordinance No. 88858 adopted September 28, 1978, as amended, is hereby further amended in the following particulars: I / 1/ Words and/or figures stricken through shall be deleted. Under. scored words :and/or figures constitute the amendment proposed. The remaining provisions are now in effect and remain unchanged. Asterisks indicate omitted and unchanged material. All figures are rounded to t'he next .dol i.ar, nStctiOn 1* The following appropr atiOnt art inadt fOr runieloal Optrationt Oftnt titof Miami, rlorida few the ftgoal ytar Mt.701 including th payment of principal and intertst on all ttntral Obligation teinds* Departmtritt:t thards1 and Otis Appropriation UNERAL PUNO * * it * * * Spocial Programs and Accounts S 14#441.441.1 t_J01462,816 TOTAL GENERAL MHO $140545.441.1 $,101,38A1 615 * * * * * * * TOTAL GENERAL OPERATING APPROPRIATIONS $1.14,4604P)6 $119509 308 ENTERPRISE FUNDS * * * * * TOTAL ENTERPRISE EUNDS* $ 44,013,768 *Deficits appropriated in the General Fund in Special Programs and Accounts W6414) $ .($64A0 TOTAL OPERATING APPROPRIATIONS $123,068,990" Section 2. Section 6 of Ordinance No. 8658, adopted September 28, 1978, as amended, is hereby further amended in the following particulars:1/ "Section 6. The above appropriations are made based on the following sources of revenues for the 197849 fiscal year. GENERAL FUND Revenue * * * * * * * Sources other than Ad Valorem Tax $ 03-78E9-,f28 $ 59,087,830 * * * * * * * * TOTAL GENERAL FUND :$1p41426141.3 $101,883,615 * . * , * * * * * * TOTAL. GENERAL OPERATING REVENUES W9.060;466 $119,619,308 * * * * * ENTERPRISE FUNDS Rental Properties $ n13.7,602 . $ .n. Contribution from General Fund $ i3e5T4f4 $ 564,076 TOTAL ENTERPRISE FUNDS* $ 44013.158 *Deficits appropriated in the General Fund.ip Special Programs and Accounts (95T474) $ .10-076) TOTAL OPERATING REVENUES $123,068,990;1 1/ Words andior figures stricken throu9h shall be deleted. Underscored words and/or figures constitute the amendment propoSed, The remaining proviSionS are now in effect and remain unchanged., AsteriOS indicate omitted and unchanged material. All figures are rounded to the next dollar* 1112 8932 tettith 2 The amount of $46,15o it appropriated herein to fuhd Oade towity . After School tare ($21,214) and Community Schoolt (112,116) ftr a period of forty.five (41) working dayrom March 01 1070. Section 1. All ordinances or parts of ordinancet intofar at they are inconsistent or in conflict 'with the provisioht of this ordinance art hereby repealed. St.ctith 4. If any tectioni part of tettioh, paragraph, clause, phrate, or word of this ordinance it declared invalidl the remaining provisions Of this ordinance Shall not be affected. pAssn ON FIRST READING BY TITLE ONLY this 19ehday of April PASSED AND ADOPTED ON SECOND AND FINAL READING BY TITLE -ONLY THIS day of jto 179 CITY CLERK BUDGETARY REVIEW: HOWARO V. ARY, DIRECTOR DEPARTMENT OF MANAGEMENT AND BUDGET LEGAL REVIEW: ROBERT-F. CLARK - ASSISTANT CITY ATTORNEY MAURIcE A VER4 MAYOR APPROVED AS TO FORM AND CORRECTNESS: 893 2 1. E 0 A L N O T All interested will take notice that on the 22nd day of May, 1979 the City Cotniasion of Miami, Florida passed and adopted the following titled ordinantat ORDINANCE N0. AN ORDINANCE AMENDING SECTIONS 1 AND 6 OF ORDINANCE NO. 8858, ADOPTED SEPTEMBER 28, 1978, THE ANNUAL.APPROPRIATIONS ORDINANCE FOR THE FISCAL YEAR ENDING SEPTEMBER 30,_1979, AS AMENDED, BY INCREASING THE APPROPRIATION FOR SPECIAL PRO- GRAMS' AND ACCOUNTS, CONTRIBUTION TO ENTERPRISE FUND, FROM RENTAL PROPERTIES, IN AN AMOUNT OF $258,602; BY INCREASING' ANTICIPATED ,REVENUES, SOURCES OTHER THAN AD VALOREM TAX, BY THE SAME AMOUNT, THEREBY EL!MINATIt46 RENTAL PROPERTIES.FROM THE ENTERPRISE FUND REVENUES; AND.BY INCREASING ANTICIPATED, REVENUES, ENTERPRISE FUND, CONTRIBUTION FROM GENERAL :FUND, IN THE SAME AMOUNT; CONTAINING A REPEALER PROVISION ANDA SEVERARI:LITY CLAUSE. logo RALPH G. QNGIE CITY CLERK CITY CV MIAMI, FLORIDA 141Atill'ItLIVINW ma Duo ittmD MAW De11? getetteh kffitoLeed MUM) tt1 ! ilttmrlt, bah tiaras% Plnrf�a Me et 'f` eR1DA UM", 'f3FDADE: fs.flff 'WVill{Iffi wfl ern I$ Ite ID•* the Dt►n L aI..Mt >st tfte Mlafii Reviewone till fteL&d, 1 daffy (affelipt SaffttEe�, . muTI,6AV sold D df county ayFk PIP that MO liftedffeee eddy dT aevef t(sefffaflt, b"e_ Ind a Legal Advet tlidehafit br Ndtu;e ih the Slant 'CITY OP MIAMt rtOli1bA O17ft?4ANC11 NO, 8932 X X k WM, fft ashpUbliahed in said htwSpaper lit the itsueS of Afflaht further says that the Said Miami Review and bail& /lecord is a newspaper published at Miaftll, - in Said Ade County, Florida, end that. the said news= paper has heretofore been continuously published In 'said Dade 'County (=lbtlda, each day (except Saturday, Sunday and Legal Holidays) and has been entered at Sebohd clasSrnail Matter at elite the poat oce Ih MIarhl, In said bade,County. MIoridA for a period of Oho year helot preceding the first pubtICetibn of the attached cagy• of advertiSementi. and afiant further Save that she h. heather paid hot prorhited _any parson, firm t• ration any dist:bunt, rebate,' commissloh or refu % • r the purpose ring this advettisement for • nation in the S,LQ •Wet'. i �rn and subscribed befo%e me this N2 • .lbey,t• MabtAl� y .b. t0.%.9 e ,t, ,i• • le. fate (SEAL) y Commission exp Mk-38 41%, at Lerge '101t1_, DisP City f3PMiAlflf1, OWN PLORnDA 'LEGAL 'N13T11:1: Ail InfeftilEd 9/11115ke 1151It that e11 MI 22ftil lteq of MO,' 1979 Hi City >�ornmIssten et Mimi, Fiords DameAna adbptbd thesilewtnp Titled bfdifiente: ORDINANCE NO, 9922 AN ORDINANCE' AMENDING SEGT1ONS l ANDIY OP OR. ` DINANCENO, IBA ADOPTEb SEPTEMBER 20,'19711; THE' • ANNUAL APPROPRIATIONS ORDINANCE 'FOR THE FISCAL YEAR ENDING: SEPTEMBER 20;,.1979, AS., AMENDED,'BY INCREASING THE; APPROPRIATION FOR" SPEeIAL PROGRAMS. AND ACCOUNTS, CDNtRIBUTION TO ENTERPRISE Ial2ND, "FROm;RENTAL.PROPERTI,ES, IN AN AMOUNT OF. t2594,02f BY: 1NCREASING AN. tICIPATEb REVENUES, SOURCES :OTHER THAN -'AD VALOREM TAX, BY THE SAME "AMOUNT, THEREBY ELIMINATING RENTAL PROPERTIES' _PROM -,THE ENTERPRISE PUNC. REvENUES;-ANC. BY INCREASING ANTICIPATED REVENUES, ENTERPRISE FUND, CONTRIBUTION PROM GENERAL FUND,IN THE SAME' AMOUNT:'CONTAINING A REPEALER PROVISION AND A, SEVERABIL'IrY CLAUSE, i ALPH G. "ONGIE CITY CLERIC CITY'Oi= MIAMI, PL*RIbA l ubtitaftbfiof this Notlte an the 29 day of May, 1979, 5/24 M79452927 Joseph Rs Arattit April 12, 1070 City Manager Howard V. (ry 1rttr Management and Budget Proptsed Ordinantet Transftr Rental Properties from Enterprise Fund tO General Pund sk The attached proptsed ordinance amendt Ordinance N. 88B81 the Annual' Appropriations Ordinance for fiscal year 1078.79, by dtltting the line.item for Rental Properties in the amount of $2684602 from the Enterprise Fund.' This amount will then be transferred to the General Fund, Special Programs and Accounts, Contribution to Enterprise FUnd. This change is con tent with General Accounting principles where an Enterprise Fund should provide services and, as such, tarn revenues and incur,ekpentes. The Rental Properties Enterprise does not fit these criteria. Hence, the City's external auditors . Peat, Marwick and Mitchell- have recommended that we,abolish Rental Properties Enterprise and transfer the revenues to the Oeneral Fund, This ordinance has been prepared, for the April 19, 1979 City Commission meeting. gr trim 8r 1ttlA 1t:61M94 11411%Mi lip laMMIANDIA1 f},t O Pt '1 t Howard V. Caty, iireet tr Rdttagebi'ent and tudget beparl ment 46k4i/7'ie9 El Gunderson irector of Pinance Witt: February 10110 t'it,1r §uLit rt: Rental Proptrtita 1•Lft th••L�t: Certain rental properties .ere budgeted in the eurreht t'iedt year 'under the Enterprise F'utid, This treattmeht is not consistent 'with Geherai Atehhh ing principles; an Enterprise Auld should have both e.tpenses and rcveaues, t.hile these pt+operties 'shot. only revenues, ih order tb use these revenues for other unrelated enterprise activities, a budget Ordinance change would be required. Pb fiscal year 1580,.these revenues should be budgeted in the Generel fund, and not in the Into prise turd.