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Home My WebLink AboutO-08853LCD/ab 9.21a/8 AMENDMEN I NO,, ,. ,.,T0 IiR iNANCE NO. 8/31 ORDINANCE NO, 8853 AN EMERGENCY ORDINANCE AMENDING SECTIONS 1 AND 5 OF ORDINANCE NO, 8731, ADOPTED DECEMBER 16, 1977, AS AMENDED, IHL ANNUAL APPROPRIATIONS ORDINANCE FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 19/8; BY INCREASING THE GENERAL FUND, PENSION, IN THE AMOUNT OF $60,510; AND BY INCREASING ANTICIPATED REVENUES, IN THE SAME AMOUNT FROM 1HE STREET LIGHTING FUND; FUR (HE PURPOSE OF INCREASING RETIREE BENEFITS; CONTAINING A REPEALER PROVISION AND A SEVERAt3ILITY CLAUSE. WHEREAS, the City Commission adopted Ordinance No. 8731 on December 16, 1977 establishing revenues and appropriations for the City of Miami, Florida for the fiscal year ending September 30, 1978; and WHEREAS, the City Commission adopted a motion of intent to grant Pensioners increased pension payments and directed the City Manager to identify funds to pay for same; and WHEREAS, it has been determined that the cost of funding an increase in retiree benefits for the last three months of fiscal year 1977-78 will amount to $60,510; and WHEREAS, this total is based on an 0.5% increase for each full year since retirement with the percentage limited to the first $300 of monthly benefit; and WHEREAS, fiends are available from prior yearsbalances in the Street Lighting Fund and an amount of $60,510 can be appropriated to the General Fund, Pension, for the aforementioned increases; NOW, THEREFORE, BE IT ORDAINED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. Section 1 of Ordinance No. 8731, adopted December 16, 1977, as amended, is hereby further amended as follows:1/ "Section 1. The following appropriations are made for municipal operations of the City of Miami, Florida for the fiscal year 1977-78, including the payment of principal and interest on all General Obligation Bonds. WWWWWWWWW 1/ Words and/or figures stricken through shall be deleted, Underscored 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 the next dollar, Departments, Warns and 0 fleet Modified Approp'iatien GENERAL Ft1ND * * * * * * r 2I Pension $ 44 563t1A $ 14,62 ,611 — * * * * * * * TOTAL GENERAL FUND APPLICABLE TO 10 MILL CAP $ 9303 ; 8A $ 9810$490 * * * * * * TOTAL GENERAL OPERATING APPROPRIATIONS $113058023 $113,1.i8,838 * * * * * * TOTAL OPERATING APPROPRIATIONS $116 49;;112 $116,7674622 * * * * * * * * *II Section 2. Section 5 of Ordinance No. 8731, adopted December 16, 1977, as amended, is hereby further amended as follows:1/ "Section 5. The above appropriations are made based upon the following sources of revenues for the 1977-78 fiscal year. GENERAL FUND Final Modified Revenue * * * Street Lighting TOTAL GENERAL FUND APPLICABLE TO 10 MILL CAP * * * * * $ 33;727 $ 397,78O �7 S 987827789 $ 98,088,290 * TOTAL GENERAL OPERATING REVENUES $443;858;323 $113,118,833 * TOTAL OPERATING REVENUES Sii6778;7}}2 $116,767,622" Section 3. All ordinances or parts of ordinances insofar as they are inconsistent or in conflict with the provisions of this ordinance are hereby repealed. 1/ Words and/or figures stricken through shall be deleted. Underscored 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 the next dollar. Reflects appropriation increase of $60,510 from anticipated increase of street lighting revenues for current funding of retiree benefits. Section 4. If any section, part of section, paragraph, clause, phrase, or word of this ordinance is declared invalid, the remaining provisions of this ordinance shall not be affected. Section b. This ordinance is hereby declared to be an emergency measure on the grounds of urgent public need for the preservation of peace, health, safety, and property of the City of Miami, and upon the further ground of the necessity to make the required and necessary payments to its employees and officers, payment of its contracts, payment of interest and principal on its debts, necessary and required purchases of goods and supplies, and to generally carry on the functions and duties of its municipal affairs. Section 6. The requirement of reading this ordinance on two separate days is hereby dispensed with by a vote of not less than four -fifths of the members of the Commission. PASSED AND ADOPTED this 28 day of September ATTEST: _RALH G. ONGIE, CITY CLERK BUDGETARY REVIEW: HOWARD V. GARY,'IjRECTOR CT-;;;,,cce,.) DEPARTMENT OF MA EMENT AND t3UDGET - APPROV - TO FORM AND CO'' NESS: GEOE F./ .NO', JR. CITY , 1978. Maurice A. Ferre MAURICE A. FERRE MAYOR LEGAL REVIEW: MIAMI REVIRW Pobtritritd NH, ettf1$f S3feeny, ttrftaop *Ro Loda1 9161188y1 MIAMI, NH r=aunfy, t`t6r188. 1fiAfie bf PLOMBA tauNti# 80 bAef t: Betal'e t'R! oat Puma buttiaertt 8011811811y a6 Mred WAR Willieffst, wh8 8111580118yi thdt the it the Directaf of LOW Adv8Hl ltig of The Mi81fi1 Review 811d Dilly Retard, 8 dilly (Wept Saturday, Sunday and L!OAI fidtldey l fiew3{pe er *ubll hed 81 gM16rf' ih tlI6meflf N ino a Legal Addvt tliwoo*, me 61 Ndbt tt(Saver. ny he Tatter bf Ctt? of MAW Re: Ordinance Nth 8853 ih the k ..X...3(:.0 COurt, wet published iA Said newspaber in the issues of Oct. 3, 1978 Atfibnt further says that the said Miami Review and betty Record is a newspaper Pub►ished at Miami, in said Dade County. Florida, and that the said newspaper has heretofore been c0hlinuously published in said bade COuhty, Florida, each day (except Saturday, Sun- day and Legal Holidays) and has been entered as Second class Mall Matter at the post Office in Miami, in said Dade County, Florida, for a period of one year next preceding the first publication Ot the attached copy of advertisement; and & Hant further Sa S that she has neither paid not promised any persoh, firm or Corpora- tion any discount. tebbte, commission or refund for the hhurpoie of securing this rerftserppJlt for publication in the 3bfd newspa,i(ss� Y C,ist`�,0° IA N•r...r.^'1 'I i �.` r tt �..G' O` v i" J' ' ,i.'2 ��i ww,� ff11 TT AA rr�� . • S 3v{prftoianikYsJbterfifeorbPfOre ye this • 3rd... d 'f ....Vciober.... t o 14c.:.?M.. U..1 G' �.. Noterrx li Stale ftAlbr (�f Large n (SEAL) ii4 Ot0 My Commission expires S�pRet>fbetss�s1981. MR -SO bAbEWCO NTY fPLOMOA LEGAL NOTICE Alt interested will fake hotice that on the 38th day Of September, 108 the City COrhtnissi6h at Miart% Florida adopted the following titled ordlnahce: ORDINANCE NO.9853 AN EMERGENCY ORDINANCE AMENDING SECTIONS 1 ANb S OF ORDINANCE NO.8,31, AbbPTEb bECEMISE R 16, 1977, AS AMENDED, THE ANNUAL APPROPRIATIONS OR• bMNANCE FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 19i8; BY INCREASING THE GENERAL FUND, PEN- SION, IN THE AMOUNT OF S60,510; AND BY INCREASING ANTICIPATED REVENUES, iN THE SAME AMOUNT FROM THE STREET LIGHTING FUND; .FOR THE PUR- POSE OF INCREASING RETIREE BENEFITS; CONTAIN- ING A REPEALER PROVISION AND A SEVERABILITY CLAUSE. RALPH G. ONGIE CITY CLERK CITY OF MIAMI, FLORIDA Publication of this Notice on the 3 day of October, 1978. 10/3 M 100309 'AEML, Joseph tt. Grassie, City Mahaget Cloward V. Gary, Director Department of Management & Buaget September 21, 1978 Proposed Legislation fof September 28, 1978, Commission Agenda On September 14, 1978, the City Commission adopted Motion 78-541 to grant pensioners increased benefits and directed the City Manager to identify funds for this purpose. It has been deter- mined that the cost of funding this increase for the last three months of fiscal year 1977-78 will amount to $60,510. This total is based on a 0.5% increase for each full year since retirement with the percentage limited to the first $300 of monthly benefit. (See attached August 23, 1978 memorandum from James Gunderson and Howard Gary . ) The attached proposed ordinance identifies funds in the amount of $60,510 from prior years' balances in the Street Lighting Fund to be appropriated to the General Fund, Pension, for the purpose of funding the aforementioned increase in retiree benefits. am fr I TO: FROM: 1 1 aMMM Joseph R. Grassie City Manager James Gunderson, Director Finance Department and Howard V. Gary, Director Management and Budget CITY OF MI.\MI. FLORIDA INtER•OFFICE MEMORANDUM b*tE: August 23, 1978 FILE SUbJEcV: Increased Benefits to Retirees HEkERENCEsc ENCLOSURCS: The City Commission has been discussing the granting of increased benefits to City of Miami retired employees. Specifically these benefits include 1) increasing retiree pension payments by 1/2% on the first $300 of benefit's times the number of years retired, and 2) increasing retirees pension payments to compensate for the loss of City contribution to retirees' group insurance. Thy costs to provide the first benefit are approximately $42,750 for three months of fiscal year 1977-78 and approximately $171,000 for fiscal year 108-79. The total cost for both fiscal years is $213,750. ram. The second.benefit would cost approximately $17,760 for three months of the fiscal year 1977-78 and $69,840 for fiscal year 1978-79. The total cost for both fiscal years is $87,600. However, it should be noted that the Law Department has rendered a legal opinion prohibiting the City from paying group insurance costs for retirees. Providing additional payments to assist retirees in paying for their group insurance might be considered a circumvention of the state statute by the City's auditors. The cost to grant both benefits in fiscal years 77-78 and 78-79 is $301,350. No provisions hav; been made in either budget for these benefits. As you are aware, departments have had to reduce their fiscal year 1978-79 budgets considerably to stay within projected revenues. �_. r