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Date: 08/25/2023
AGENDA ITEM SUMMARY FORM
File ID: #14532
Commission Meeting Date: 09/09/2023
Requesting Department: Office of
Management and Budget
Sponsored By:
District Impacted: All
Type: Resolution
Subject: Approve FY'24 - Multi -Year Capital Plan
Purpose of Item:
To approve the City of Miami's "Fiscal Year 2023-24 Multi -Year Capital Plan" as
required by the Community Planning Act, more particularly, Sections 163.3161 and
163.3177, Florida Statutes (2022), and pursuant to Chapter 18/Article IX/Divisions 1 and
2 of the Code of the City of Miami, Florida, as amended ("City Code"), entitled
"Financial/Financial Policies/Anti-Deficiency Act/Financial Integrity Principles".
Background of Item:
The Office of Capital Improvements is tasked with the responsibility to execute capital
improvement projects. The Office of Management and Budget is tasked with the
responsibility of preparing and presenting the Capital Plan. Pursuant to Chapter
18/Article IX/Divisions 1 and 2 of the City Code, entitled "Financial/Financial
Policies/Anti-Deficiency Act/Financial Integrity Principles," the City is required to prepare
a capital plan detailing improvements needed to support City services. The proposed
capital plan identifies $3.885 billion in projects ($1.085 billion prior years funded,
$39.940 million proposed funding, $2.760 billion unfunded) for the Fiscal Year plus five
additional years. The six year plan includes 864 active projects. During the current
Fiscal Year new capital appropriations totaling $39.940 million will be used to fund 49
projects as detailed in the capital plan.
Budget Impact Analysis
Item is Related to Revenue
Item is an Expenditure
Item is NOT funded by Bonds
Total Fiscal Impact:
Total Fiscal Impact: $1.125 billion with $39.940 million newly appropriated,
CIP Project No: various
Reviewed B
Office of Management and Budget Marie Gouin Department Head Review Completed 08/25/2023 4:24 PM
City Manager's Office Larry M. Spring Assistant City Manager Review Completed 08/31/2023 5:55 PM
Legislative Division Valentin J Alvarez Legislative Division Review Completed 08/31/2023 7:06 PM
City Manager's Office Arthur Noriega V City Manager Review Completed 08/31/2023 8:28 PM
Office of the City Attorney
Office of the City Attorney
City Commission
Office of the Mayor
Office of the City Clerk
Office of the City Clerk
Xavier Alban
Victoria Mendez
Maricarmen Lopez
Mayor's Office
City Clerk's Office
City Clerk's Office
ACA Review
Approved Form and Correctness
Meeting
Signed by the Mayor
Completed
Completed
Completed
Completed
Signed and Attested by the City Clerk Completed
Rendered Completed
08/31/2023 10:09 PM
08/31/2023 10:28 PM
09/09/2023 10:00 AM
09/15/2023 1:41 PM
09/15/2023 1:51 PM
09/15/2023 1:51 PM
City of Miami
Legislation
Resolution
Enactment Number: R-23-0376
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 14532 Final Action Date:9/9/2023
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING THE CITY OF MIAMI'S ("CITY") FISCAL YEAR 2023-24 MULTI -YEAR
CAPITAL PLAN ("PLAN"), AS REQUIRED PURSUANT TO THE COMMUNITY
PLANNING ACT, SPECIFICALLY SECTIONS 163.3161 AND 163.3177, FLORIDA
STATUTES, AND CHAPTER 18/ ARTICLE IX/ DIVISIONS 1 AND 2 OF THE CODE OF
THE CITY OF MIAMI, FLORIDA, AS AMENDED, TITLED "FINANCIAL/ FINANCIAL
POLICIES/ ANTI -DEFICIENCY ACT/ FINANCIAL INTEGRITY PRINCIPLES," TO SET
FORTH THE CITY'S FISCAL NEEDS FOR CAPITAL IMPROVEMENTS, SUBJECT TO
AN ANNUAL PLAN REVIEW, TO DETERMINE PROJECT PRIORITIES, TO ADD NEW
CAPITAL PROJECTS, AND TO MODIFY FUNDING ALLOCATIONS AS NECESSARY;
PROVIDING FOR INCORPORATION OF SUBSEQUENT AMENDMENTS TO THE
PLAN; AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, a capital improvement programming process to support the Miami
Neighborhood Comprehensive Plan is required pursuant to the Community Planning Act,
specifically, Sections 163.3161 and 163.3177, Florida Statutes, and Chapter 18/Article
IX/Divisions 1 and 2 of the Code of the City of Miami, Florida, as amended, titled
"Finance/Financial Policies/Anti-Deficiency Act/Financial Integrity Principles" (collectively,
"Laws"); and
WHEREAS, the City of Miami's ("City") Fiscal Year ("FY") 2023-24 Proposed Multi -Year
Capital Plan as presented to the City Commission, filed with the City Clerk, and posted on the
City's website on July 27, 2023 incorporates the FY 2022-23 Multi -Year Capital Plan set forth in
Resolution No. R-22-0321 adopted September 10, 2022, as subsequently amended on October
13, 2022 pursuant to Resolution Nos. R-22-0398, R-22-0399, and R-22-0400; on October 27,
2022 pursuant to Resolution Nos. R-22-0417, R-22-0421, and R-22-0422; on November 17,
2022 pursuant to Resolution No. R-22-0457; on December 8, 2022 pursuant to Resolution No.
R-22-0466; on February 23, 2023 pursuant to Resolution No. R-23-0097; on May 11, 2023
pursuant to Resolution Nos. R-23-0224 and R-23-0227; and on May 25, 2023 pursuant to
Resolution No. R-23-0247 (collectively, "Proposed Plan"); and
WHEREAS, during the current FY, new capital appropriations totaling $39.940 million
will be used to fund forty-nine (49) projects as detailed in Exhibit "A," attached and incorporated;
and
WHEREAS, the Proposed Plan is a policy and management tool to plan municipal
borrowing and indebtedness over a period of time, to establish annual expenditures within a
framework of long-range fiscal requirements, and to serve as an official statement of the City's
development plans; and
WHEREAS, the Proposed Plan shall incorporate all amendments thereto;
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. The Proposed Plan as presented to the City Commission, filed with the City
Clerk, posted on the City's website on July 27, 2023, incorporated herein by this reference, is
approved as required pursuant to the Laws to set forth the City's fiscal needs for capital
improvements, subject to an annual plan review, to determine project priorities, to add new
capital projects, and to modify funding allocations as necessary.
Section 3. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor:
APPROVED AS TO FORM AND CORRECTNESS:
4ndez, ity (tor
1 If the Mayor does not sign this Resolution, it shall become effective at the end of ten 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.