HomeMy WebLinkAboutExhibit ACITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM
TO Honorable Mayor and Members
of the City Commission
o-DS
FROM: Arthur Noriega VQN
City Manager
DATE: February 12, 2024
SUBJECT: Information for the FY 2023-24
Budget Amendment No. 2
Background and Summary for General Fund Amendment
On December 11, 2023, the City held a Special Commission Meeting during which the City Commission
reconsidered Resolution No. 23-0448 and adopted the amended General Fund budget for the City of
Miami for the Fiscal Year beginning October 1, 2023, and ending September 30, 2024.. The budget that
was approved by the City Commission included a reduction of $25 million from the Property Taxes
Revenue Category and resulted in a decreased FY 2023-24 General Fund Budget from $1.068 billion to
$1.043 billion. To balance the budget, the reduction in revenues was offset by a reduction of $25 million
in the Non -Departmental Account (NDA) expenditure category, pending redistribution of this reduction
at a later date.
The City Commission requested that the Administration present a budget amendment for City
Commission consideration in January 2024 that addresses the $25 million reduction in expenditures. This
budget amendment intends to make the modifications to the temporary adjustment made in NDA.
Summary of Changes in the General Fund Expenditures
The City's FY 2023-24 General Fund Expenditure Budget is being amended to redistribute the $25 million
that was reduced in the NDA. This action will not reduce the total amended General Fund expenditure
budget (See Attachment A).
The changes to the expenditure budget items are as follows:
1. Reversing the temporary Adjustment made to NDA on December 11, 2023, Special Commission
Meeting ($25 million).
2. A reduction in NDA, Budget Reserve line Item for labor negotiations - $11.230 million reduction.
3. Reducing various salary related accounts by freezing current vacant positions for the rest of FY
2023-24 (excluding Sworn Officers, First Responders, and vacancies in Building, Planning and
Zoning departments) — $11 million reduction (See Attachment A).
4. Reversing the FY 2023-24 GF Contribution to the Transportation Trust Fund (Fund 04005) - $2.670
million
Honorable Mayor and Members of the City Commission
Information for the FY 2023-24 Budget Amendment No. 2
Page 2 of 2
5. Removing $100,000 from the FY 2023-24 GF Contribution to the Special Revenue for Citywide
Festivals and Events (Fund 15500) - $100,000 reduction
Summary of Changes in the Special Revenue Fund (De -appropriations $100,000)
1. A decrease of $100,000 to the Departmental Improvement Initiative Fund in the Citywide Festivals
and Events (Award 2430).
Attachment A
General Fund Revenue
Amended Budget FY
2023-24
January, 2024
Amendment No. 2
February 22, 2024
Amended Budget
FY 2023-24
Property Taxes
$529,682,000
$529,682,000
Franchise Fees and Other Taxes
$131,767,000
131,767,000
Interest
$11, 508, 000
11, 508, 000
Transfers -I n
$25, 390,000
25, 390,000
Fines and Forfeitures
$6,743,000
6,743,000
Intergovernmental Revenues
$111,569,000
111,569,000
Licenses and Permits
$87,898,000
87,898,000
Other Revenues (Inflows)
$5,772,000
5,772,000
Charges for Services
$132,737,000
132,737,000
Total Revenues
$1,043,066,000
$1,043,066,000
General Fund Expenditures
Mayor
$3,261,000
$3,261,000
Commissioners
11, 333,000
11, 333,000
City Manager
4,962,000
(74,000)
4,888,000
Agenda Coordination
409,000
409,000
Independent Auditor General
1,872,000
(90,000)
1,782,000
City Attorney
12,530,000
(220,000)
12,310,000
City Clerk
2,301,000
2,301,000
Civil Service
647,000
647,000
Code Compliance
11,440,000
(246,000)
11,194,000
Communications
1,744,000
(153,000)
1,591,000
Equal Opportunity and Diversity Programs
647,000
647,000
Finance
12,655,000
(20,000)
12,635,000
Grants Administration
2,030,000
(146,000)
1,884,000
Human Resources
6,049,000
6,049,000
Innovation and Technology
15,352,000
(811,000)
14,541,000
Management and Budget
3,984,000
(248,000)
3,736,000
Procurement
3,614,000
(270,000)
3,344,000
Resilience and Sustainability
1,171,000
1,171,000
Human Services
7,406,000
7,406,000
Building
36,075,000
36,075,000
Planning
7,216,000
7,216,000
Zoning
6,030,000
6,030,000
Housing and Community Development
2,281,000
2,281,000
Capital Improvements
1,919,000
(244,000)
1,675,000
General Services Administration
35,043,000
(307,000)
34,736,000
Resilience and Public Works
38,857,000
(1,022,000)
37,835,000
Solid Waste
45,906,000
(1,753,000)
44,153,000
Fire -Rescue
213,248,000
(378,000)
212,870,000
Police
345,923,000
(3,294,000)
342,629,000
Real Estate and Asset Management
18,853,000
(55,000)
18,798,000
Parks and Recreation
59,278,000
(1,307,000)
57,971,000
Risk Management
4,468,000
(362,000)
4,106,000
Non -Departmental Accounts (NDA)
37,967,000
25,000,000
(11,230,000)
51,737,000
Transfers - Out
86,595,000
(2,770,000)
83,825,000
TOTAL GENERAL FUND
$1,043,066,000
$25,000,000
-$25,000,000
$1,043,066,000
Attachment B
Special Revenue Funds
Amended Budget FY 2023-
24
January, 2024
Amendment No. 2
February 22, 2024
Amended Budget
FY 2023-24
General Special Revenues
$ 3,528,000
$ 3,528,000
Sport Facilities and Activities
18,000
18,000
Planning Services
21,502,000
21,502,000
Planning and Zoning Tree Trust Fund
1,283,000
1,283,000
Public Art Fund
2,408,000
2,408,000
Historic Preservation Trust Fund
527,000
527,000
Fire Rescue Services
11,627,000
11,627,000
UASI-Fire Rescue
38,916,000
38,916,000
Parks and Recreation Services
801,000
801,000
Police Services
13,443,000
13,443,000
Law Enforcement Trust Fund
1,676,000
1,676,000
Public Works Services
8,111,000
8,111,000
Solid Waste Recycling Trust
116,000
116,000
City Clerk Services
1,794,000
1,794,000
Community and Economic Development
75,885,000
75,885,000
Homeless Program
2,407,000
2,407,000
Human Services
405,000
405,000
Bayfront/Riverfront Land Acquisition Rouse Trust
2,079,000
2,079,000
Miami Ballpark Parking Facilities
13,902,000
13,902,000
Departmental Improvement Initiatives
64,990,000
(100,000)
64,890,000
Transportation and Transit
23,710,000
23,710,000
Emergency Funds
17,953,000
17,953,000
American Rescue Plan Act
80,000,000
80,000,000
TOTAL SPECIAL REVENUE FUNDS
$ 387,081,000
$ (100,000)
$ 386,981,000