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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #14125 Date: 06/07/2023 Commission Meeting Date: 09/09/2023 Requesting Department: Off -Street Parking Board/Miami Parking Authority Sponsored By: District Impacted: All Type: Resolution Subject: Approve Annual Budget FY '24 - Department of Off -Street Parking Purpose of Item: Approving and adopting the annual operating budget of the Department of Off -Street Parking for the fiscal year commencing October 1, 2023 and ending September 30, 2024 in the amount of $27,226,657.00 excluding depreciation, and other non -operating expenses of $5,177,305.00. Background of Item: N/A Budget Impact Analysis Item is Related to Revenue Total Fiscal Impact: $15,000,000 (revenue) Reviewed B Off -Street Parking Board/Miami Parking Authority Review Completed 06/07/2023 11:55 AM Office of Management and Budget Lai -wan McGinnis Office of Management and Budget Marie Gouin City Manager's Office Nzeribe Ihekwaba City Manager's Office Arthur Noriega V Legislative Division Valentin J Alvarez Office of the City Attorney Xavier Alban Office of the City Attorney Victoria Mendez City Commission Maricarmen Lopez Office of the Mayor Mayor's Office Office of the City Clerk City Clerk's Office Office of the City Clerk City Clerk's Office Scott Simpson Department Head Budget Analyst Review Completed Budget Review Completed Deputy City Manager Review Completed City Manager Review Completed Legislative Division Review Completed ACA Review Completed Approved Form and Correctness Completed Meeting Completed Signed by the Mayor Completed Signed and Attested by the City Clerk Completed Rendered Completed 06/07/2023 12:46 PM 06/12/2023 3:20 PM 06/12/2023 3:25 PM 06/12/2023 4:49 PM 07/20/2023 4:52 PM 08/21/2023 10:04 AM 08/21/2023 12:18 PM 09/09/2023 10:00 AM 09/15/2023 1:35 PM 09/15/2023 1:44 PM 09/15/2023 1:45 PM City of Miami Legislation Resolution Enactment Number: R-23-0363 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 14125 Final Action Date:9/9/2023 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE ANNUAL BUDGET, ATTACHED AND INCORPORATED, OF THE DEPARTMENT OF OFF STREET PARKING FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2023, AND ENDING SEPTEMBER 30, 2024, IN THE OPERATING AMOUNT OF $27,226,657.00, EXCLUDING DEPRECIATION, AND OTHER NON -OPERATING EXPENSES OF $5,177,305.00. WHEREAS, Section 23(h) of the Charter of the City of Miami ("City Charter") provides that all budgets, funds, and accounts pertaining to the off-street parking facilities of the City of Miami ("City") shall be segregated from all other budgets, funds, and accounts of the City and shall be so kept to reflect the financial condition and the operation of each off-street parking facility of the City separately; and WHEREAS, a budget is required to properly administer the Department of Off -Street Parking ("DOSP"); and WHEREAS, Section 23(h) of the City Charter further provides that no later than one (1) month before the end of each fiscal year, the Director of DOSP, with the approval of the Off - Street Parking Board, shall prepare and submit to the City Commission a budget estimate of expenditures and revenues for the ensuing fiscal year in the same form and like manner as all other departments of the City for approval by the City Commission; and WHEREAS, the Off -Street Parking Board reviewed and approved the DOSP annual budget for Fiscal Year 2023-2024 on June 7, 2023, in the operating budget amount of $27,226,657.00, excluding depreciation, and other non -operating expenses of $5,177,305.00; and WHEREAS, the DOSP requests the approval of the proposed budget for the Fiscal Year commencing October 1, 2023, and ending September 30, 2024, in the operating budget amount of $27,226,657.00, excluding depreciation, and other non -operating expenses of $5,177,305.00, attached and incorporated as Exhibit "A"; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. DOSP's annual budget, attached and incorporated herein as Exhibit "A", for the Fiscal Year commencing October 1, 2023, and ending September 30, 2024, in the operating amount of $27,226,657.00, excluding depreciation, and other non -operating expenses of $5,177,305.00, is approved and adopted. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.1 APPROVED AS TO FORM AND CORRECTNESS: ndez, ity Attor ey 8/21/2023 1 If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission.